Document:

Exhibit 10.11

THE SECURITIES  REPRESENTED BY THIS  CERTIFICATE  HAVE NOT BEEN REGISTERED UNDER
THE  SECURITIES  ACT OF 1933, AS AMENDED,  OR REGISTERED OR QUALIFIED  UNDER ANY
STATE SECURITIES LAWS. THE SECURITIES MAY NOT BE SOLD,  TRANSFERRED,  PLEDGED OR
HYPOTHECATED  UNLESS  SUCH  SALE,  TRANSFER,   PLEDGE  OR  HYPOTHECATION  IS  IN
ACCORDANCE WITH SUCH ACT AND APPLICABLE STATE SECURITIES LAWS.

December 23, 2004                                                  Warrant No. 1

                                     WARRANT

                           to Purchase Common Stock of

                      Urban Television Network Corporation
                              a Nevada corporation

     This  Warrant  certifies  that  World  One  Media  Group,  Inc.,  a  Nevada
Corporation ("Purchaser"), is entitled to purchase from Urban Television Network
Corporation,  a Nevada  corporation  (the  "Company"),  the Shares  (as  defined
herein) in the amounts and at the Exercise Price (as defined herein), all on the
terms and conditions hereinafter provided.

     Section 1. Certain Definitions. As used in this Warrant, unless the context
otherwise requires:

     "Affiliate" shall mean: (i) any Person directly or indirectly  controlling,
controlled by, or under common  control with,  another  Person;  (ii) any Person
owning  or  controlling  ten (10%)  percent  or more of the  outstanding  voting
securities  of  another  Person;  (iii) any  officer,  director  or partner of a
Person;  and (iv) if a Person  is an  officer,  director  or  partner,  any such
company for which such Person acts in such capacity.

     "Articles" shall mean the Certificate of  Incorporation of the Company,  as
in effect from time to time.

     "Common Stock" shall mean the Company's  authorized  common stock,  $0.0001
par value per share.

         "Exercise Price" shall mean the exercise price of $0.01 per share of
Common Stock as determined as follows, as adjusted from time to time pursuant to
Section 3 hereof.

     "Expiration Date" shall mean five (5) years from the date of Closing.

     "Securities Act" shall mean the Securities Act of 1933, as amended.

     "Shares" shall mean the number of shares of the Company's common stock.

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     "Warrant" shall mean this Warrant and all additional or new warrants issued
upon division or combination of, or in substitution for, this Warrant.  All such
additional  or new  warrants  shall at all  times be  identical  as to terms and
conditions and date, except as to the number of shares of Common Stock for which
they may be exercised.

     "Warrant  Stock" shall mean the shares of Common Stock  purchasable  by the
holder of this Warrant upon the exercise of such Warrant.

     "Warrantholder"  shall  mean  Purchaser,  as the  initial  holder  of  this
Warrant,  and its  nominees,  successors or assigns,  including  any  subsequent
holder of this Warrant to whom it has been legally transferred.

     Section 2. Amount of Shares and Exercise of Warrant.

     (a) Upon signing this Warrant  Agreement,  the Company has issued  separate
warrants to  Purchaser,  entitling  Purchaser to purchase  80,000,000  shares of
Company common stock.  The warrants issued this date to Purchaser are each fully
vested and earned.  The number of warrants that will be exercisable at any point
in time will be subject to the numbers of shares that the Company has Authorized
and unissued.

          (a.1) At any time after the date  hereof  through  and  including  the
Expiration  Date and  after  the OTCBB  Exchange  bid price per share  equals or
exceeds $10.00 for twenty (20) consecutive  business days,  Purchaser may at any
time and from time to time  thereafter  exercise  this  Warrant,  in whole or in
part.

     (b)  Warrantholder  may exercise this Warrant by means of delivering to the
Company at its principal office: (i) a written notice of exercise, including the
number of Shares of Warrant Stock to be delivered  pursuant to such exercise and
identifying whether the exercise is being made by cash purchase or conversion of
shares of common stock;  (ii) this  Warrant;  and (iii) if  applicable,  payment
equal to the Exercise Price multiplied by the number of shares exercised. In the
event that any exercise shall not be for all Shares of Warrant Stock purchasable
hereunder,  the Company shall deliver to Warrantholder a new Warrant  registered
in the  name  of  Warrantholder,  of like  tenor  to  this  Warrant  and for the
remaining shares of Warrant Stock purchasable hereunder, within ten (10) days of
any such  exercise.  The notice of exercise  described in clause (i) shall be in
the Subscription Form set out at the end of this Warrant.

     Warrantholder  shall  pay  the  Exercise  Price  to the  Company  by  cash,
certified check or wire transfer.

     (c) Upon  exercise of this  Warrant and delivery of the  Subscription  Form
with proper payment relating thereto, the Company shall cause to be executed and
delivered to Warrantholder as soon as possible,  and in no event later than five
business  days  thereafter,  a  certificate  or  certificates  representing  the
aggregate number of fully-paid and nonassessable shares of Common Stock issuable
upon such exercise.

     (d) The stock certificate or certificates for Warrant Stock to be delivered
in  accordance  with  this  Section 2 shall be in such  denominations  as may be
specified  in the  Subscription  Form,  and shall be  registered  in the name of
Warrantholder  or such  other  name or  names as  shall  be  designated  in said
Subscription Form. Such certificate or certificates shall be deemed to have been
issued, and Warrantholder or  any other person so designated to be named therein

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shall be deemed to have become the holder of record of such shares, including to
the extent  permitted  by law the right to vote such  shares or to consent or to
receive  notice  as  stockholders,  as of the  time  said  Subscription  Form is
delivered to the Company as aforesaid.

     (e) The Purchaser Company shall pay all expenses payable in connection with
the preparation,  issue and delivery of stock certificates under this Section 2;
including any transfer taxes  resulting from the exercise of the Warrant and the
issuance of Warrant Stock hereunder.

     (f) All shares of Warrant Stock  issuable upon the exercise of this Warrant
in  accordance  with the terms  hereof shall be validly  issued,  fully paid and
nonassessable,  and free from all liens and other  encumbrances  thereon,  other
than liens or other encumbrances created by Warrantholder.

     (g) In no event shall any  fractional  share of Common Stock of the Company
be issued upon any  exercise  of this  Warrant.  If,  upon any  exercise of this
Warrant,  Warrantholder would, except as provided in this paragraph, be entitled
to receive a fractional share of Common Stock, then the Company shall deliver in
cash to such holder an amount equal to such fractional interest.

     Section 3. Adjustment of Exercise Price and Warrant Stock.

     (a) If, at any time prior to the Expiration Date, the number of outstanding
shares of Common Stock is: (i) increased by a stock  dividend  payable in shares
of Common Stock or by a subdivision  or split-up of shares of Common  Stock;  or
(ii) decreased by a combination of shares of Common Stock,  then,  following the
dividend or effective date of such stock  dividend,  subdivision,  split-up,  or
combination,  the Exercise  Price shall be adjusted to a new amount equal to the
product of (I) the Exercise  Price in effect on such record  date,  and (II) the
quotient  obtained  by  dividing  (x) the  number  of  shares  of  Common  Stock
outstanding on such record date (without  giving effect to the event referred to
in the  foregoing  clause  (i) or (ii)),  by (y) the  number of shares of Common
Stock which would be outstanding  immediately after the event referred to in the
foregoing clause (i) or (ii), if such event had occurred  immediately  following
such record date.

     (b) If, after the date of Closing,  and at any time prior to the Expiration
Date, the Company issues or sells shares of its Common Stock or any other shares
of its Common Stock or any other securities convertible into or exchangeable for
Common Stock  ("Convertible  Securities"),  or in any manner grants or re-prices
any  warrants,  options or other rights  (collectively,  "Options")  to purchase
shares of Common Stock or Convertible  Securities,  after the date hereof, which
entitles the subscriber,  or the holder of such Option or Convertible  Security,
to purchase any shares of Common  Stock at less than the then  current  Exercise
Price (or the Exercise Price as ultimately determined pursuant to the definition
of Exercise Price),  then the Exercise Price in effect immediately prior to such
action by the  Company  shall be  adjusted  to equal the price at which any such
subscriber  or holder  shall be entitled  to purchase  any such shares of Common
Stock.

     (c) In the event that  either of the events  described  in Section  3(a) or
Section  3(b) shall  occur  prior to the  determination  of the  Exercise  Price
(pursuant to the definition of such term),  then immediately upon the occurrence
of the event that shall cause the  determination  of the Exercise Price pursuant
to such  definition,  such  Exercise  Price  shall  immediately  be  adjusted in
accordance with this Section 3.

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<PAGE>

     (d) Upon each  adjustment of the Exercise Price as provided in Section 3(a)
or Section 3(b), Warrantholder shall thereafter be entitled to subscribe for and
purchase,  at the Exercise Price resulting from such  adjustment,  the number of
shares of Warrant  Stock  equal to the  product  of: (i) the number of shares of
Warrant Stock existing prior to such adjustment;  and (ii) the quotient obtained
by dividing (I) the Exercise Price existing prior to such adjustment by (II) the
new Exercise Price resulting from such adjustment.

     (e) If, at any time prior to the  Expiration  Date,  there  occurs an event
which would  cause the  automatic  conversion  ("Automatic  Conversion")  of the
Warrant  Stock into shares of the  Company's  common stock  ("Common  Stock") in
accordance with the Articles,  then any Warrant shall thereafter be exercisable,
prior to the  Expiration  Date,  into the number of shares of Common  Stock into
which the Warrant Stock would have been convertible  pursuant to the Articles if
the Automatic Conversion had not taken place.

     Section  4.  Division  and  Combination.  This  Warrant  may be  divided or
combined  with other  Warrants upon  presentation  at the office of the Company,
together with a written notice  specifying the names and  denominations in which
new Warrants are to be issued, signed by Warrantholder or its agent or attorney.
The Company shall pay all expenses in connection with the preparation, issue and
delivery  of  Warrants  under  this  Section 4,  including  any  transfer  taxes
resulting  from the division or  combination  hereunder.  The Company  agrees to
maintain at its office books for the registration of the Warrants.

     Section 5. Reclassification, Etc. In case of any reclassification or change
of the  outstanding  Common  Stock of the  Company  (other than as a result of a
subdivision,  combination or stock dividend), or in case of any consolidation of
the Company with, or merger of the Company into,  another  corporation  or other
business organization (other than a consolidation or merger in which the Company
is the continuing  corporation and which does not result in any reclassification
or change of the outstanding Common Stock of the Company),  at any time prior to
the   Expiration   Date,   then,  as  a  condition  of  such   reclassification,
reorganization, change, consolidation or merger, lawful provision shall be made,
and duly  executed  documents  evidencing  the  same  from  the  Company  or its
successor shall be delivered to Warrantholder,  so that Warrantholder shall have
the right  prior to the  Expiration  Date to  purchase,  at a total price not to
exceed that payable upon the  exercise of this  Warrant,  the kind and amount of
shares  of  stock  and  other  securities  and  property  receivable  upon  such
reclassification, reorganization, change, consolidation or merger by a holder of
the  number of  shares of Common  Stock of the  Company  which  might  have been
purchased  by  Warrantholder   immediately   prior  to  such   reclassification,
reorganization,   change,   consolidation  or  merger,  and  in  any  such  case
appropriate  provisions shall be made with respect to the rights and interest of
Warrantholder to the end that the provisions  hereof  (including  provisions for
the  adjustment  of the Exercise  Price and of the number of shares  purchasable
upon exercise of this Warrant) shall thereafter be applicable in relation to any
shares of stock and other  securities and property  thereafter  deliverable upon
the exercise of this Warrant.

     Section 6.  Reservation  and  Authorization  of Capital Stock.  The Company
shall at all times  reserve and keep  available  for issuance such number of its
authorized  but unissued  shares of Common Stock as will be sufficient to permit
the exercise in full of all outstanding Warrants.

     Section 7.  Stock and  Warrant  Books.  The  Company  will not at any time,
except upon  dissolution,  liquidation  or winding up,  close its stock books or
Warrant  books so as to result in  preventing  or delaying  the  exercise of any
Warrant.

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     Section 8. Limitation of Liabil ity. No provisions  hereof,  in the absence
of affirmative  action by  Warrantholder  to purchase  Warrant Stock  hereunder,
shall give rise to any liability of  Warrantholder  to pay the Exercise Price or
as a  stockholder  of the Company  (whether  such  liability  is asserted by the
Company or creditors of the Company).

     Section 9. Registration Rights. The Warrant Stock issuable upon exercise of
this  Warrant is  subject to the  provisions  of a certain  Registration  Rights
Agreement,  dated the same  date as this  Warrant,  by and  among  the  Company,
Purchaser and the other Lenders.

     Section 10. Transfer. Subject to compliance with the Securities Act and the
applicable rules and regulations  promulgated  thereunder,  this Warrant and all
rights  hereunder  shall be  transferable in whole or in part. Any such transfer
shall be made at the offices of the Company at which this Warrant is exercisable
by Warrantholder or its duly authorized  attorney upon surrender of this Warrant
together with an assignment hereof properly endorsed.  Promptly thereafter a new
warrant shall be issued and delivered by the Company,  registered in the name of
the assignee. Until registration of the transfer of this Warrant on the books of
the  Company,  the  Company  may treat  Purchaser  as the owner  hereof  for all
purposes.

     Section 11. Investment Representations; Restrictions on Transfer of Warrant
Stock. Unless a current registration statement under the Securities Act shall be
in effect with respect to the Warrant  Stock to be issued upon  exercise of this
Warrant, Warrantholder, by accepting this Warrant, covenants and agrees that, at
the time of exercise hereof, and at the time of any proposed transfer of Warrant
Stock acquired upon exercise hereof, Warrantholder will deliver to the Company a
written statement that the Warrant Stock acquired by Warrantholder upon exercise
hereof is for the account of Warrantholder (or is being held by Warrantholder as
trustee,  investment  manager,  investment advisor or as any other fiduciary for
the account of the beneficial owner or owners) for investment,  and is not being
acquired  with a view  to,  or for sale in  connection  with,  any  distribution
thereof (or any portion  thereof),  and with no present  intention  (at any such
time), of offering and distributing such Warrant Stock (or any portion thereof).
The  Warrant  Stock may contain a standard  securities  law  restrictive  legend
reasonably required by the Secretary of the Company.

     Section  12.  Loss,  Destruction  of  Warrant.  Upon  receipt  of  evidence
satisfactory to the Company of the loss, theft, destruction or mutilation of any
Warrant and, in the case of any such loss, theft or destruction, upon receipt of
indemnity and/or security reasonably satisfactory to the Company or, in the case
of any such  mutilation,  upon surrender and  cancellation of such Warrant,  the
Company  will make and  deliver,  in lieu of such  lost,  stolen,  destroyed  or
mutilated  Warrant,  a new Warrant of identical tenor and representing the right
to purchase the same aggregate number of shares of Common Stock.

     Section   13.   Accredited   Investor.    Warrantholder   represents   that
Warrantholder  is an  accredited  investor in all respects as defined  under the
Securities Exchange Act and all other Federal and State Regulations.

     Section 14. Amendments.  The terms of this Warrant may be amended,  and the
observance of any term herein may be waived,  but only with the written  consent
of the Company and Warrantholder.

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     Section  15.  Notices  Generally.  Any  notice,  request,   consent,  other
communication or delivery  pursuant to the provisions hereof shall be in writing
and shall be sent by one of the following  means: (i) by registered or certified
first class mail, postage prepaid,  return receipt requested;  (ii) by facsimile
transmission  with  confirmation  of  receipt;  (iii) by  nationally  recognized
courier service guaranteeing  overnight delivery;  or (iv) by personal delivery;
and shall be properly  addressed to  Warrantholder  at the last known address or
facsimile  number  appearing on the books of the Company,  or,  except as herein
otherwise expressly provided,  to the Company at its principal executive office,
or such other  address or facsimile  number as shall have been  furnished to the
party giving or making such notice, demand or delivery.

     Section 16.  Successors  and Assigns.  This Warrant shall bind and inure to
the benefit of and be  enforceable  by the parties  hereto and their  respective
permitted  successors  and assigns  which shall be limited to  Affiliates of the
holder hereof.

     Section  17.  Arbitration.  The  parties  agree  that any  dispute  arising
hereunder will be subject to Christian  mediation.  The parties will endeavor to
choose a neutral,  third-party  Christian  mediator who does not have a personal
relationship  with either,  and on whom they can both agree.  If the parties are
unable to reach  written  agreement  on a  mediator,  then each will  choose one
neutral Christian mediator from the list of Christian  mediators in any credible
Christian  mediation  organization,  and within  fifteen  (15) days those chosen
individuals  will  choose a  mediator  appropriate  for this  mediation.  If the
parties are unable to reach an agreement through mediation, both agree to submit
their dispute to binding  arbitration within ninety (90) days from the selection
of the arbitrator.  If after thirty (30) days from the  unsuccessful  mediation,
the parties are unable to reach a written  agreement on an arbitrator,  then the
process for choosing a mediator  outlined  previously in this  paragraph will be
instituted to aid in the appointment of an arbitrator.  The appointment shall be
binding.

     Section  18.  Governing  Law.  In all  respects,  including  all matters of
construction, validity and performance, this Warrant and the obligations arising
hereunder  shall be governed by, and construed and enforced in accordance  with,
the laws of the State of Texas  applicable  to contracts  made and  performed in
such State, except with respect to the validity of this Warrant, the issuance of
Warrant Stock upon exercise hereof and the rights and duties of the Company with
respect to  registration  of  transfer,  which  shall be governed by the General
Corporation  Law of the State of Texas,  in each case  without  reference to the
conflicts of laws  principles of the State of Texas.  The parties agree that Any
dispute arising  hereunder will be subject to The exclusive  jurisdiction of the
TARRANT county district courts.

     IN WITNESS WHEREOF, the Company has caused this Warrant to be signed in its
name by a duly authorized officer.

Dated: December 23, 2004

                                      Urban Television Network Corporation,
                                      a Nevada corporation

                                      By: /s/ Randy Moseley
                                         ---------------------------------------
                                         Randy Moseley, Executive Vice President

                                        6EXHIBIT 4.1
                            MARMION INDUSTRIES CORP.
                 EMPLOYEE STOCK INCENTIVE PLAN FOR THE YEAR 2005

     1.     General  Provisions.
            -------------------

     1.1     Purpose.  This  Stock  Incentive  Plan  (the "Plan") is intended to
             -------
allow  designated officers and employees (all of whom are sometimes collectively
referred  to  herein  as  the "Employees," or individually as the "Employee") of
Marmion  Industries  Corp.,  a  Nevada  corporation  (the  "Company")  and  its
Subsidiaries  (as  that  term is defined below) which they may have from time to
time (the Company and such Subsidiaries are referred to herein as the "Company")
to receive certain options (the "Stock Options") to purchase common stock of the
Company,  par value $0.001 per share (the "Common Stock"), and to receive grants
of  the Common Stock subject to certain restrictions (the "Awards").  As used in
this  Plan,  the  term  "Subsidiary"  shall  mean  each  corporation  which is a
"subsidiary  corporation" of the Company within the meaning of Section 424(f) of
the Internal Revenue Code of 1986, as amended (the "Code").  The purpose of this
Plan  is  to  provide  the  Employees,  who  make  significant and extraordinary
contributions  to  the  long-term  growth  and  performance of the Company, with
equity-based  compensation  incentives, and to attract and retain the Employees.

     1.2     Administration.
             --------------

     1.2.1     The Plan shall be administered by the Compensation Committee (the
"Committee")  of,  or  appointed  by, the Board of Directors of the Company (the
"Board").  The  Committee  shall select one of its members as Chairman and shall
act  by  vote  of  a  majority  of a quorum, or by unanimous written consent.  A
majority  of  its  members  shall  constitute  a quorum.  The Committee shall be
governed  by the provisions of the Company's Bylaws and of Nevada law applicable
to  the  Board,  except as otherwise provided herein or determined by the Board.

     1.2.2     The  Committee  shall  have  full  and complete authority, in its
discretion,  but  subject  to the express provisions of this Plan (a) to approve
the Employees nominated by the management of the Company to be granted Awards or
Stock  Options;  (b)  to  determine  the number of Awards or Stock Options to be
granted  to  an  Employee; (c) to determine the time or times at which Awards or
Stock Options shall be granted; to establish the terms and conditions upon which
Awards  or  Stock  Options  may  be  exercised;  (d)  to  remove  or  adjust any
restrictions and conditions upon Awards or Stock Options; (e) to specify, at the
time  of  grant,  provisions  relating to exercisability of Stock Options and to
accelerate  or otherwise modify the exercisability of any Stock Options; and (f)
to  adopt such rules and regulations and to make all other determinations deemed
necessary or desirable for the administration of this Plan.  All interpretations
and  constructions  of  this  Plan  by  the  Committee,  and  all of its actions
hereunder, shall be binding and conclusive on all persons for all purposes.

     1.2.3     The  Company  hereby  agrees  to indemnify and hold harmless each
Committee  member  and each Employee, and the estate and heirs of such Committee
member  or  Employee,  against  all  claims,  liabilities,  expenses, penalties,
damages  or  other  pecuniary losses, including legal fees, which such Committee
member  or  Employee,  his  estate  or  heirs  may  suffer  as  a  result of his
responsibilities,  obligations  or  duties  in connection with this Plan, to the
extent  that  insurance,  if  any, does not cover the payment of such items.  No
member  of  the  Committee  or  the  Board  shall  be  liable  for any action or
determination made in good faith with respect to this Plan or any Award or Stock
Option  granted  pursuant  to  this  Plan.

     1.3     Eligibility  and  Participation.  The Employees eligible under this
             -------------------------------
Plan shall be approved by the Committee from those Employees who, in the opinion
of  the  management  of  the Company, are in positions which enable them to make
significant  contributions  to  the  long-term  performance  and  growth  of the
Company.  In  selecting  the  Employees  to  whom  Award or Stock Options may be
granted,  consideration  shall  be given to factors such as employment position,
duties  and  responsibilities, ability, productivity, length of service, morale,
interest  in  the  Company  and  recommendations  of  supervisors.

     1.4     Shares  Subject  to this Plan.  The maximum number of shares of the
             -----------------------------
Common  Stock  that  may  be  issued  pursuant to this Plan shall be 500,000,000
subject  to  the  provisions  of  Paragraph  4.1.  If shares of the Common Stock
awarded  or  issued  under  this  Plan  are  reacquired  by the Company due to a
forfeiture  or  for  any  other

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reason,  such  shares shall be cancelled and thereafter shall again be available
for  purposes  of  this  Plan.  If  a  Stock  Option  expires,  terminates or is
cancelled  for  any  reason without having been exercised in full, the shares of
the  Common Stock not purchased thereunder shall again be available for purposes
of  this  Plan.  In  the  event that any outstanding Stock Option or Award under
this  Plan  for  any reason expires or is terminated, the shares of Common Stock
allocable  to  the  unexercised  portion  of  the Stock Option or Award shall be
available for issuance under the Marmion Industries Corp. Non-Employee Directors
and  Consultants  Retainer  Stock  Plan  for  the  Year  2005.  The Compensation
Committee  may,  in  its discretion, increase the number of shares available for
issuance  under this Plan, while correspondingly decreasing the number of shares
available for issuance under Marmion Industries Corp. Non-Employee Directors and
Consultants  Retainer  Stock  Plan  for  the  Year  2005.

     2.     Provisions  Relating  to  Stock  Options.
            ----------------------------------------

     2.1     Grants  of Stock Options.  The Committee may grant Stock Options in
             ------------------------
such amounts, at such times, and to the Employees nominated by the management of
the  Company  as the Committee, in its discretion, may determine.  Stock Options
granted  under  this  Plan shall constitute "incentive stock options" within the
meaning  of  Section  422  of the Code, if so designated by the Committee on the
date  of  grant.  The  Committee  shall  also have the discretion to grant Stock
Options  which  do  not  constitute  incentive stock options, and any such Stock
Options  shall be designated non-statutory stock options by the Committee on the
date  of  grant.  The  aggregate Fair Market Value (determined as of the time an
incentive  stock  option  is  granted) of the Common Stock with respect to which
incentive  stock  options  are  exercisable  for  the first time by any Employee
during  any  one calendar year (under all plans of the Company and any parent or
subsidiary  of  the  Company)  may not exceed the maximum amount permitted under
Section  422  of the Code (currently, $100,000.00).  Non-statutory stock options
shall  not  be  subject  to  the limitations relating to incentive stock options
contained  in the preceding sentence.  Each Stock Option shall be evidenced by a
written  agreement (the "Option Agreement") in a form approved by the Committee,
which shall be executed on behalf of the Company and by the Employee to whom the
Stock  Option is granted, and which shall be subject to the terms and conditions
of  this  Plan.  In  the  discretion of the Committee, Stock Options may include
provisions  (which  need  not  be  uniform),  authorized by the Committee in its
discretion,  that  accelerate  an  Employee's  rights  to exercise Stock Options
following  a  "Change in Control," upon termination of the Employee's employment
by  the  Company  without  "Cause" or by the Employee for "Good Reason," as such
terms  are  defined in Paragraph 3.1 hereof.  The holder of a Stock Option shall
not  be  entitled  to  the privileges of stock ownership as to any shares of the
Common  Stock  not  actually  issued  to  such  holder.

     2.2     Purchase  Price.  The  purchase  price  (the  "Exercise  Price") of
             ---------------
shares  of  the  Common Stock subject to each Stock Option (the "Option Shares")
shall  not  be less than 85 percent of the Fair Market Value of the Common Stock
on the date of the grant of the option.  For an Employee holding greater than 10
percent  of the total voting power of all stock of the Company, either Common or
Preferred, the Exercise Price of an incentive stock option shall be at least 110
percent of the Fair Market Value of the Common Stock on the date of the grant of
the  option.  As  used  herein,  "Fair  Market Value" means the mean between the
highest  and  lowest  reported  sales prices of the Common Stock on the New York
Stock  Exchange  Composite Tape or, if not listed on such exchange, on any other
national  securities  exchange  on  which  the  Common Stock is listed or on The
Nasdaq  Stock  Market,  or,  if  not  so listed on any other national securities
exchange  or  The  Nasdaq Stock Market, then the average of the bid price of the
Common  Stock  during  the  last  five  trading  days  on the OTC Bulletin Board
immediately  preceding  the  last  trading day prior to the date with respect to
which  the  Fair  Market  Value is to be determined.  If the Common Stock is not
then  publicly  traded,  then the Fair Market Value of the Common Stock shall be
the  book value of the Company per share as determined on the last day of March,
June,  September,  or  December  in  any  year  closest  to  the  date  when the
determination  is  to  be  made.  For  the  purpose  of  determining  book value
hereunder,  book  value  shall be determined by adding as of the applicable date
called  for  herein  the capital, surplus, and undivided profits of the Company,
and after having deducted any reserves theretofore established; the sum of these
items  shall  be divided by the number of shares of the Common Stock outstanding
as  of  said date, and the quotient thus obtained shall represent the book value
of  each  share  of  the  Common  Stock  of  the  Company.

     2.3     Option Period.  The Stock Option period (the "Term") shall commence
             -------------
on  the  date of grant of the Stock Option and shall be 10 years or such shorter
period  as is determined by the Committee.  Each Stock Option shall provide that
it  is  exercisable over its term in such periodic installments as the Committee
may  determine,  subject to the provisions of Paragraph 2.4.1.  Section 16(b) of
the  Securities  Exchange  Act  of 1934, as amended (the "Exchange Act") exempts
persons  normally  subject to the reporting requirements of Section 16(a) of the
Exchange

                                        2
<PAGE>
Act  (the "Section 16 Reporting Persons") pursuant to a qualified employee stock
option plan from the normal requirement of not selling until at least six months
and  one  day  from  the  date  the  Stock  Option  is  granted.

     2.4     Exercise  of  Options.
             ---------------------

     2.4.1     Each  Stock  Option may be exercised in whole or in part (but not
as  to  fractional  shares) by delivering it for surrender or endorsement to the
Company,  attention  of  the Corporate Secretary, at the principal office of the
Company,  together with payment of the Exercise Price and an executed Notice and
Agreement of Exercise in the form prescribed by Paragraph 2.4.2.  Payment may be
made  (a)  in  cash,  (b)  by  cashier's or certified check, (c) by surrender of
previously owned shares of the Common Stock valued pursuant to Paragraph 2.2 (if
the Committee authorizes payment in stock in its discretion), (d) by withholding
from  the  Option  Shares which would otherwise be issuable upon the exercise of
the Stock Option that number of Option Shares equal to the exercise price of the
Stock  Option,  if  such  withholding  is  authorized  by  the  Committee in its
discretion,  or  (e)  in the discretion of the Committee, by the delivery to the
Company  of the optionee's promissory note secured by the Option Shares, bearing
interest  at  a  rate  sufficient  to  prevent  the imputation of interest under
Sections  483 or 1274 of the Code, and having such other terms and conditions as
may  be  satisfactory  to  the  Committee.  Subject  to  the  provisions of this
Paragraph  2.4  and Paragraph 2.5, the Employee has the right to exercise his or
her  Stock  Options  at the rate of at least 20 percent per year over five years
from  the  date  the  Stock  Option  is  granted.

     2.4.2     Exercise  of  each Stock Option is conditioned upon the agreement
of  the  Employee  to  the  terms  and conditions of this Plan and of such Stock
Option  as  evidenced  by  the Employee's execution and delivery of a Notice and
Agreement  of  Exercise  in  a  form  to  be  determined by the Committee in its
discretion.  Such Notice and Agreement of Exercise shall set forth the agreement
of  the Employee that (a) no Option Shares will be sold or otherwise distributed
in violation of the Securities Act of 1933, as amended (the "Securities Act") or
any  other  applicable  federal  or state securities laws, (b) each Option Share
certificate  may be imprinted with legends reflecting any applicable federal and
state  securities  law  restrictions  and conditions, (c) the Company may comply
with  said securities law restrictions and issue "stop transfer" instructions to
its  Transfer  Agent  and  Registrar without liability, (d) if the Employee is a
Section  16 Reporting Person, the Employee will furnish to the Company a copy of
each  Form  4  or Form 5 filed by said Employee and will timely file all reports
required  under  federal  securities  laws, and (e) the Employee will report all
sales  of  Option  Shares  to the Company in writing on a form prescribed by the
Company.

     2.4.3     No  Stock  Option  shall  be  exercisable  unless  and  until any
applicable  registration  or  qualification  requirements  of  federal and state
securities  laws,  and  all  other  legal requirements, have been fully complied
with.  At no time shall the total number of securities issuable upon exercise of
all  outstanding  options  under  this  Plan, and the total number of securities
provided  for under any bonus or similar plan or agreement of the Company exceed
a  number  of  securities  which  is equal to 30 percent of the then outstanding
securities  of  the  Company,  unless  a  percentage  higher  than 30 percent is
approved  by at least two-thirds of the outstanding securities entitled to vote.
The  Company  will  use  reasonable  efforts  to maintain the effectiveness of a
Registration  Statement  under  the  Securities  Act  for  the issuance of Stock
Options  and  shares  acquired  thereunder,  but there may be times when no such
Registration  Statement  will  be  currently  effective.  The  exercise of Stock
Options  may  be  temporarily  suspended without liability to the Company during
times  when  no  such  Registration  Statement is currently effective, or during
times  when,  in  the  reasonable  opinion  of the Committee, such suspension is
necessary  to  preclude  violation  of  any  requirements  of  applicable law or
regulatory  bodies  having  jurisdiction  over the Company.  If any Stock Option
would expire for any reason except the end of its term during such a suspension,
then  if  exercise  of such Stock Option is duly tendered before its expiration,
such  Stock  Option  shall  be  exercisable  and exercised (unless the attempted
exercise  is  withdrawn)  as  of the first day after the end of such suspension.
The Company shall have no obligation to file any Registration Statement covering
resales  of  Option  Shares.

     2.5     Continuous  Employment.  Except as provided in Paragraph 2.7 below,
             ----------------------
an Employee may not exercise a Stock Option unless from the date of grant to the
date of exercise the Employee remains continuously in the employ of the Company.
For  purposes  of  this Paragraph 2.5, the period of continuous employment of an
Employee with the Company shall be deemed to include (without extending the term
of the Stock Option) any period during which the Employee is on leave of absence
with  the  consent of the Company, provided that such leave of absence shall not
exceed  three  months and that the Employee returns to the employ of the Company
at  the expiration of such leave of absence.  If the Employee fails to return to
the  employ  of  the  Company  at  the  expiration

                                        3
<PAGE>
of  such  leave  of absence, the Employee's employment with the Company shall be
deemed  terminated  as  of  the  date  such  leave  of  absence  commenced.  The
continuous  employment  of  an Employee with the Company shall also be deemed to
include  any period during which the Employee is a member of the Armed Forces of
the  United  States,  provided  that  the  Employee returns to the employ of the
Company  within 90 days (or such longer period as may be prescribed by law) from
the  date  the  Employee  first  becomes  entitled  to a discharge from military
service.  If  an Employee does not return to the employ of the Company within 90
days  (or  such  longer  period  as  may be prescribed by law) from the date the
Employee  first  becomes  entitled  to  a  discharge  from military service, the
Employee's  employment with the Company shall be deemed to have terminated as of
the  date  the  Employee's  military  service  ended.

     2.6     Restrictions  on  Transfer.  Each  Stock  Option granted under this
             --------------------------
Plan shall be transferable only by will or the laws of descent and distribution.
No  interest  of  any  Employee  under this Plan shall be subject to attachment,
execution, garnishment, sequestration, the laws of bankruptcy or any other legal
or  equitable  process.  Each  Stock  Option  granted  under  this Plan shall be
exercisable  during  an  Employee's  lifetime  only  by  the  Employee or by the
Employee's  legal  representative.

     2.7     Termination  of  Employment.
             ---------------------------

     2.7.1     Upon  an  Employee's  Retirement,  Disability  (both  terms being
defined  below)  or  death,  (a)  all Stock Options to the extent then presently
exercisable  shall remain in full force and effect and may be exercised pursuant
to  the  provisions thereof, and (b) unless otherwise provided by the Committee,
all  Stock  Options to the extent not then presently exercisable by the Employee
shall  terminate  as of the date of such termination of employment and shall not
be  exercisable  thereafter.  Unless  employment  is  terminated  for  cause, as
defined  by applicable law, the right to exercise in the event of termination of
employment,  to the extent that the optionee is entitled to exercise on the date
the  employment  terminates  as  follows:

          (i)     At  least  six  months  from  the  date  of  termination  if
termination  was  caused  by  death  or  disability.

          (ii)     At  least 30 days from the date of termination if termination
was  caused  by  other  than  death  or  disability.

     2.7.2     Upon  the  termination  of  the employment of an Employee for any
reason other than those specifically set forth in Paragraph 2.7.1, (a) all Stock
Options  to  the  extent then presently exercisable by the Employee shall remain
exercisable  only  for a period of 90 days after the date of such termination of
employment  (except that the 90 day period shall be extended to 12 months if the
Employee  shall die during such 90 day period), and may be exercised pursuant to
the  provisions  thereof,  including  expiration  at  the  end of the fixed term
thereof,  and  (b) unless otherwise provided by the Committee, all Stock Options
to  the extent not then presently exercisable by the Employee shall terminate as
of  the  date  of  such  termination  of employment and shall not be exercisable
thereafter.

     2.7.3     For  purposes  of  this  Plan:

          (a)     "Retirement"  shall  mean  an  Employee's  retirement from the
employ of the Company on or after the date on which the Employee attains the age
of  65  years;  and

          (b)     "Disability"  shall  mean total and permanent incapacity of an
Employee, due to physical impairment or legally established mental incompetence,
to perform the usual duties of the Employee's employment with the Company, which
disability  shall  be determined (i) on medical evidence by a licensed physician
designated  by  the  Committee, or (ii) on evidence that the Employee has become
entitled  to  receive  primary  benefits as a disabled employee under the Social
Security  Act  in  effect  on  the  date  of  such  disability.

                                        4
<PAGE>
     3.     Provisions  Relating  to  Awards.

     3.1     Grant  of  Awards.  Subject  to  the  provisions  of this Plan, the
             -----------------
Committee shall have full and complete authority, in its discretion, but subject
to  the  express  provisions  of this Plan, to (1) grant Awards pursuant to this
Plan,  (2)  determine  the  number of shares of the Common Stock subject to each
Award  (the  "Award Shares"), (3) determine the terms and conditions (which need
not be identical) of each Award, including the consideration (if any) to be paid
by the Employee for such Common Stock, which may, in the Committee's discretion,
consist  of  the  delivery  of  the  Employee's  promissory  note  meeting  the
requirements  of  Paragraph 2.4.1, (4) establish and modify performance criteria
for  Awards,  and (5) make all of the determinations necessary or advisable with
respect  to Awards under this Plan.  Each Award under this Plan shall consist of
a  grant  of  shares  of the Common Stock subject to a restriction period (after
which  the  restrictions shall lapse), which shall be a period commencing on the
date  the  Award  is  granted  and  ending  on  such date as the Committee shall
determine  (the  "Restriction Period").  The Committee may provide for the lapse
of  restrictions  in installments, for acceleration of the lapse of restrictions
upon  the  satisfaction  of  such  performance  or  other  criteria  or upon the
occurrence  of  such  events as the Committee shall determine, and for the early
expiration  of  the  Restriction  Period upon an Employee's death, Disability or
Retirement  as  defined  in  Paragraph 2.7.3, or, following a Change of Control,
upon  termination  of an Employee's employment by the Company without "Cause" or
by  the  Employee  for  "Good  Reason,"  as those terms are defined herein.  For
purposes  of  this  Plan:

     "Change  of  Control"  shall be deemed to occur (a) on the date the Company
first  has  actual  knowledge  that any person (as such term is used in Sections
13(d)  and  14(d)(2)  of  the  Exchange Act) has become the beneficial owner (as
defined  in  Rule  13(d)-3  under  the Exchange Act), directly or indirectly, of
securities of the Company representing 40 percent or more of the combined voting
power  of  the  Company's  then  outstanding  securities, or (b) on the date the
stockholders of the Company approve (i) a merger of the Company with or into any
other  corporation  in  which the Company is not the surviving corporation or in
which  the  Company  survives  as  a  subsidiary  of another corporation, (ii) a
consolidation  of  the  Company with any other corporation, or (iii) the sale or
disposition  of  all  or  substantially all of the Company's assets or a plan of
complete  liquidation.

     "Cause,"  when  used  with reference to termination of the employment of an
Employee  by  the  Company  for  "Cause,"  shall  mean:

               (a)   The  Employee's  continuing  willful and material breach of
his duties to the Company after he receives a demand from the Chief Executive of
the  Company  specifying  the  manner  in  which he has willfully and materially
breached  such  duties, other than any such failure resulting from Disability of
the  Employee  or  his  resignation  for  "Good  Reason,"  as defined herein; or

               (b)   The  conviction  of  the  Employee  of  a  felony;  or

               (c)   The  Employee's  commission  of  fraud in the course of his
employment  with  the  Company,  such  as  embezzlement  or  other  material and
intentional  violation  of  law  against  the  Company;  or

               (d)   The  Employee's  gross  misconduct causing material harm to
the  Company.

     "Good  Reason"  shall  mean  any  one  or  more of the following, occurring
following  or in connection with a Change of Control and within 90 days prior to
the  Employee's resignation, unless the Employee shall have consented thereto in
writing:

               (a)     The  assignment  to  the  Employee of duties inconsistent
with his executive status prior to the Change of Control or a substantive change
in  the  officer  or officers to whom he reports from the officer or officers to
whom  he  reported  immediately  prior  to  the  Change  of  Control;  or

               (b)     The  elimination  or  reassignment  of  a majority of the
duties and responsibilities that were assigned to the Employee immediately prior
to  the  Change  of  Control;  or

                                        5
<PAGE>
               (c)     A  reduction by the Company in the Employee's annual base
salary as in effect immediately prior to the Change of Control; or

               (d)     The  Company  requiring the Employee to be based anywhere
outside  a  35-mile radius from his place of employment immediately prior to the
Change  of  Control,  except for required travel on the Company's business to an
extent  substantially consistent with the Employee's business travel obligations
immediately  prior  to  the  Change  of  Control;  or

               (e)     The  failure  of  the  Company  to  grant  the Employee a
performance  bonus  reasonably  equivalent  to the same percentage of salary the
Employee  normally  received  prior  to  the Change of Control, given comparable
performance  by  the  Company  and  the  Employee;  or

               (f)     The  failure  of  the  Company  to  obtain a satisfactory
Assumption  Agreement  (as  defined  in  Paragraph  4.12  of  this  Plan) from a
successor,  or  the  failure  of  such  successor  to  perform  such  Assumption
Agreement.

     3.2     Incentive  Agreements.  Each Award granted under this Plan shall be
             ---------------------
evidenced  by  a written agreement (an "Incentive Agreement") in a form approved
by  the Committee and executed by the Company and the Employee to whom the Award
is  granted.  Each  Incentive  Agreement  shall  be  subject  to  the  terms and
conditions of this Plan and other such terms and conditions as the Committee may
specify.

     3.3     Amendment,  Modification and Waiver of Restrictions.  The Committee
             ---------------------------------------------------
may  modify  or  amend  any  Award  under this Plan or waive any restrictions or
conditions  applicable  to  the Award; provided, however, that the Committee may
not  undertake  any  such  modifications,  amendments  or  waivers if the effect
thereof  materially increases the benefits to any Employee, or adversely affects
the  rights  of  any  Employee  without  his  consent.

     3.4     Terms and Conditions of Awards.  Upon receipt of an Award of shares
             ------------------------------
of  the  Common  Stock  under  this Plan, even during the Restriction Period, an
Employee  shall  be  the  holder  of record of the shares and shall have all the
rights  of  a  stockholder with respect to such shares, subject to the terms and
conditions  of  this  Plan  and  the  Award.

     3.4.1     Except  as otherwise provided in this Paragraph 3.4, no shares of
the  Common  Stock  received  pursuant  to  this  Plan shall be sold, exchanged,
transferred,  pledged,  hypothecated  or  otherwise  disposed  of  during  the
Restriction Period applicable to such shares.  Any purported disposition of such
Common  Stock  in  violation  of  this  Paragraph  3.4  shall  be null and void.

     3.4.2     If  an Employee's employment with the Company terminates prior to
the expiration of the Restriction Period for an Award, subject to any provisions
of  the Award with respect to the Employee's death, Disability or Retirement, or
Change  of Control, all shares of the Common Stock subject to the Award shall be
immediately  forfeited  by  the  Employee and reacquired by the Company, and the
Employee  shall  have  no  further  rights  with  respect  to the Award.  In the
discretion  of  the Committee, an Incentive Agreement may provide that, upon the
forfeiture  by  an  Employee  of  Award  Shares,  the Company shall repay to the
Employee the consideration (if any) which the Employee paid for the Award Shares
on  the  grant  of  the Award.  In the discretion of the Committee, an Incentive
Agreement  may also provide that such repayment shall include an interest factor
on  such  consideration  from  the date of the grant of the Award to the date of
such  repayment.

     3.4.3     The  Committee  may require under such terms and conditions as it
deems  appropriate  or  desirable that (a) the certificates for the Common Stock
delivered  under  this Plan are to be held in custody by the Company or a person
or  institution  designated by the Company until the Restriction Period expires,
(b)  such  certificates shall bear a legend referring to the restrictions on the
Common Stock pursuant to this Plan, and (c) the Employee shall have delivered to
the Company a stock power endorsed in blank relating to the Common Stock.

                                        6
<PAGE>
     4.     Miscellaneous Provisions.

     4.1     Adjustments  Upon  Change  in  Capitalization.
             ---------------------------------------------

     4.1.1     The  number and class of shares subject to each outstanding Stock
Option,  the Exercise Price thereof (and the total price), the maximum number of
Stock  Options that may be granted under this Plan, the minimum number of shares
as  to which a Stock Option may be exercised at any one time, and the number and
class  of shares subject to each outstanding Award, shall not be proportionately
adjusted  in  the  event of any increase or decrease in the number of the issued
shares  of  the  Common  Stock which results from a split-up or consolidation of
shares,  payment  of  a  stock  dividend  or dividends exceeding a total of five
percent  for  which  the  record  dates  occur  in  any  one  fiscal  year,  a
recapitalization  (other than the conversion of convertible securities according
to  their  terms),  a combination of shares or other like capital adjustment, so
that  (a)  upon  exercise  of  the  Stock Option, the Employee shall receive the
number  and  class  of shares the Employee would have received prior to any such
capital adjustment becoming effective, and (b) upon the lapse of restrictions of
the  Award Shares, the Employee shall receive the number and class of shares the
Employee  would  have  received  prior  to  any such capital adjustment becoming
effective.

     4.1.2     Upon  a  reorganization,  merger  or consolidation of the Company
with  one  or  more  corporations  as  a  result of which the Company is not the
surviving  corporation  or  in  which  the  Company  survives  as a wholly-owned
subsidiary of another corporation, or upon a sale of all or substantially all of
the  property  of  the  Company  to  another  corporation,  or  any  dividend or
distribution  to  stockholders  of more than 10 percent of the Company's assets,
adequate  adjustment  or  other provisions shall be made by the Company or other
party  to  such transaction so that there shall remain and/or be substituted for
the  Option  Shares and Award Shares provided for herein, the shares, securities
or assets which would have been issuable or payable in respect of or in exchange
for  such  Option Shares and Award Shares then remaining, as if the Employee had
been  the  owner  of  such  shares as of the applicable date.  Any securities so
substituted  shall  be  subject  to  similar  successive  adjustments.

     4.2     Withholding Taxes.  The Company shall have the right at the time of
             -----------------
exercise  of  any  Stock  Option,  the  grant  of  an  Award,  or  the  lapse of
restrictions on Award Shares, to make adequate provision for any federal, state,
local  or  foreign  taxes  which it believes are or may be required by law to be
withheld  with  respect  to  such  exercise (the "Tax Liability"), to ensure the
payment  of  any such Tax Liability.  The Company may provide for the payment of
any  Tax Liability by any of the following means or a combination of such means,
as  determined  by  the  Committee  in  its  sole and absolute discretion in the
particular  case  (1)  by requiring the Employee to tender a cash payment to the
Company,  (2) by withholding from the Employee's salary, (3) by withholding from
the  Option  Shares which would otherwise be issuable upon exercise of the Stock
Option,  or  from  the  Award  Shares  on  their  grant  or  date  of  lapse  of
restrictions,  that  number of Option Shares or Award Shares having an aggregate
Fair  Market  Value (determined in the manner prescribed by Paragraph 2.2) as of
the  date  the  withholding tax obligation arises in an amount which is equal to
the  Employee's  Tax  Liability or (4) by any other method deemed appropriate by
the  Committee.  Satisfaction  of  the  Tax  Liability of a Section 16 Reporting
Person  may  be made by the method of payment specified in clause (3) above only
if  the  following  two  conditions  are  satisfied:

               (a)     The  withholding of Option Shares or Award Shares and the
exercise  of  the  related  Stock  Option  occur at least six months and one day
following  the  date  of  grant  of  such  Stock  Option  or  Award;  and

               (b)     The  withholding of Option Shares or Award Shares is made
either (i) pursuant to an irrevocable election (the "Withholding Election") made
by  the  Employee  at  least six months in advance of the withholding of Options
Shares  or  Award  Shares,  or  (ii)  on  a  day within a 10-day "window period"
beginning  on  the  third  business  day  following  the  date of release of the
Company's  quarterly  or  annual  summary  statement  of  sales  and  earnings.

     Anything herein to the contrary notwithstanding, a Withholding Election may
be  disapproved  by  the  Committee  at  any  time.

                                        7
<PAGE>
     4.3     Relationship to Other  Employee Benefit Plans.  Stock  Options  and
             ---------------------------------------------
Awards  granted hereunder shall not be deemed to be salary or other compensation
to  any  Employee  for  purposes  of  any pension, thrift, profit-sharing, stock
purchase  or any other employee benefit plan now maintained or hereafter adopted
by  the  Company.

     4.4     Amendments and Termination.  The Board of Directors may at any time
             --------------------------
suspend,  amend  or  terminate  this  Plan.  No amendment, except as provided in
Paragraph  3.3,  or  modification of this Plan may be adopted, except subject to
stockholder  approval, which would (1) materially increase the benefits accruing
to  the  Employees  under  this  Plan,  (2)  materially  increase  the number of
securities  which  may  be  issued  under  this  Plan  (subject to Paragraph 4.1
hereof),  or  (3)  materially  modify  the  requirements  as  to eligibility for
participation  in  this  Plan.

     4.5     Successors  in  Interest.  The  provisions  of  this  Plan  and the
             ------------------------
actions of the Committee shall be binding upon all heirs, successors and assigns
of  the  Company  and  of  the  Employees.

     4.6     Other  Documents.  All documents prepared, executed or delivered in
             ----------------
connection  with this Plan (including, without limitation, Option Agreements and
Incentive  Agreements)  shall  be,  in  substance  and  form, as established and
modified  by  the Committee; provided, however, that all such documents shall be
subject in every respect to the provisions of this Plan, and in the event of any
conflict between the terms of any such document and this Plan, the provisions of
this  Plan  shall  prevail.

     4.7     Fairness  of  the  Repurchase Price.  In the event that the Company
             -----------------------------------
repurchases  securities  upon  termination  of employment pursuant to this Plan,
either:  (a)  the  price  will  not  be  less  than the fair market value of the
securities  to  be repurchased on the date of termination of employment, and the
right to repurchase will be exercised for cash or cancellation of purchase money
indebtedness  for the securities within 90 days of termination of the employment
(or  in the case of securities issued upon exercise of options after the date of
termination,  within  90  days  after  the  date of the exercise), and the right
terminates  when the Company's securities become publicly traded, or (b) Company
will  repurchase  securities  at  the original purchase price, provided that the
right  to  repurchase  at  the  original purchase price lapses at the rate of at
least  20  percent  of the securities per year over five years from the date the
option  is  granted  (without  respect  to  the date the option was exercised or
became  exercisable)  and  the right to repurchase must be exercised for cash or
cancellation of purchase money indebtedness for the securities within 90 days of
termination  of  employment  (or  in  case of securities issued upon exercise of
options  after  the  date  of  termination, within 90 days after the date of the
exercise).

     4.8     No  Obligation  to  Continue  Employment.  This Plan and the grants
             ----------------------------------------
which  might be made hereunder shall not impose any obligation on the Company to
continue  to  employ  any  Employee.  Moreover, no provision of this Plan or any
document executed or delivered pursuant to this Plan shall be deemed modified in
any  way  by any employment contract between an Employee (or other employee) and
the  Company.

     4.9     Misconduct  of an Employee.  Notwithstanding any other provision of
             --------------------------
this  Plan,  if  an  Employee  commits fraud or dishonesty toward the Company or
wrongfully  uses  or  discloses  any  trade  secret,  confidential data or other
information  proprietary to the Company, or intentionally takes any other action
which  results  in material harm to the Company, as determined by the Committee,
in  its  sole and absolute discretion, the Employee shall forfeit all rights and
benefits  under  this  Plan.

     4.10     Term  of  Plan.  No  Stock  Option  shall be exercisable, or Award
              --------------
granted,  unless  and until the Directors of the Company have approved this Plan
and  all  other  legal requirements have been met.  This Plan was adopted by the
Board  effective  January  6,  2005.  No  Stock Options or Awards may be granted
under  this  Plan  after  January  6,  2015.

     4.11     Governing  Law.  This  Plan and all actions taken thereunder shall
              --------------
be  governed  by,  and  construed  in  accordance with, the laws of the State of
Nevada.

     4.12     Assumption  Agreements.  The  Company will require each successor,
              ----------------------
(direct  or  indirect, whether by purchase, merger, consolidation or otherwise),
to  all  or substantially all of the business or assets of the Company, prior to
the  consummation  of  each such transaction, to assume and agree to perform the
terms  and  provisions

                                        8
<PAGE>
remaining  to  be  performed  by  the Company under each Incentive Agreement and
Stock  Option  and  to  preserve the benefits to the Employees thereunder.  Such
assumption  and  agreement shall be set forth in a written agreement in form and
substance  satisfactory  to the Committee (an "Assumption Agreement"), and shall
include  such  adjustments,  if any, in the application of the provisions of the
Incentive  Agreements  and Stock Options and such additional provisions, if any,
as  the  Committee shall require and approve, in order to preserve such benefits
to  the  Employees.  Without  limiting  the  generality  of  the  foregoing, the
Committee  may  require  an  Assumption  Agreement  to  include  satisfactory
undertakings  by  a  successor:

               (a)     To  provide  liquidity to the Employees at the end of the
Restriction  Period  applicable  to  the Common Stock awarded to them under this
Plan,  or  on  the  exercise  of  Stock  Options;

               (b)     If  the  succession  occurs  before the expiration of any
period  specified  in  the  Incentive Agreements for satisfaction of performance
criteria  applicable  to  the  Common  Stock awarded thereunder, to refrain from
interfering  with  the Company's ability to satisfy such performance criteria or
to  agree  to  modify  such  performance criteria and/or waive any criteria that
cannot  be  satisfied  as  a  result  of  the  succession;

               (c)     To  require  any  future  successor  to  enter  into  an
Assumption  Agreement;  and

               (d)     To  take or refrain from taking such other actions as the
Committee  may  require  and  approve,  in  its  discretion.

     4.13     Compliance  with  Rule  16b-3.  Transactions  under  this Plan are
              -----------------------------
intended  to  comply  with  all  applicable conditions of Rule 16b-3 promulgated
under the Exchange Act.  To the extent that any provision of this 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.

     4.14     Information to Shareholders.  The Company shall furnish to each of
              ---------------------------
its stockholders financial statements of the Company at least annually.

     IN  WITNESS WHEREOF, this Plan has been executed effective as of January 6,
2005.

                                        MARMION INDUSTRIES CORP.

                                        By /s/ Wilbert H. Marmion
                                           -------------------------------------
                                           Wilbert H. Marmion, President

                                        9
<PAGE>

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