Document:

EXHBIT 10.41

THIS WARRANT AND ANY SECURITIES ACQUIRED UPON EXERCISE OF THIS WARRANT HAVE NOT
BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE "SECURITIES
ACT"), OR THE SECURITIES LAWS OF ANY STATE. NEITHER THIS WARRANT, SUCH
SECURITIES NOR ANY INTEREST THEREIN MAY BE TRANSFERRED EXCEPT PURSUANT TO AN
EFFECTIVE REGISTRATION STATEMENT UNDER THE SECURITIES ACT AND APPLICABLE STATE
SECURITIES LAWS OR PURSUANT TO AN APPLICABLE EXEMPTION FROM THE REGISTRATION
REQUIREMENTS OF THE SECURITIES ACT AND SUCH STATE SECURITIES LAWS.

                               MOTIENT CORPORATION

                   WARRANT TO PURCHASE SHARES OF COMMON STOCK

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

                                  April 7, 2004

                  This Warrant (this "Warrant") is the warrant referred to in
and issued pursuant to that certain Master Private Placement Engagement Letter
(the "Letter Agreement"), dated March 16, 2004, between Motient Corporation, a
Delaware corporation (the "Company") and [---] ("Holder").

                  This Warrant certifies that, for good and valuable
consideration, the Company grants to Holder or its permitted assigns (the
"Warrantholder"), the right to subscribe for and purchase from the Company, at
any time during the Exercise Period (as defined herein), [---] shares of Common
Stock (the "Warrant Shares"), at the exercise price per share of Five Dollars
and Fifty Cents ($5.50) (the "Exercise Price"), all subject to the terms,
conditions and adjustments herein set forth. The number of Warrant Shares is
subject to adjustment as provided in Article III.
DEFINITIONS

         1.1      Definitions.  As used herein,  unless the context  otherwise
requires,  the  following  terms have the  following respective meanings:

                  "Affiliate" with respect to any Person, shall mean any other
Person that directly or indirectly, controls, is controlled by, or is under
common control with, such Person.

                  "Business Day" means any day other than a Saturday, Sunday or
a day on which national banks are authorized by law to close in the State of New
York.

                  "Closing Price" of a share of Common Stock for any day shall
mean the last reported sales price, regular way, or, in the event that no sale
takes place on such day, the average of the reported closing bid and asked
prices, regular way, in either case as reported on the principal national
securities exchange on which such Common Stock is listed or admitted to trading
or, if not listed or admitted to trading on any national securities exchange, on
the Nasdaq National Market System or the Nasdaq SmallCap Market or, if such
security is not quoted on the Nasdaq National Market System or the Nasdaq
SmallCap Market, the average of the closing bid and asked prices on each such
day in the over-the-counter market as reported by Nasdaq or, if bid and asked
prices for such security on each such day shall not have been reported by
Nasdaq, the average of the bid and asked prices for such day as furnished by any
reputable investment banking firm regularly making a market in such security
selected for such purpose by the Board of Directors of the Company or a
committee thereof. If the Closing Price cannot be calculated on such date on any
of the foregoing bases, the Closing Price of such security on such date shall be
the fair market value as reasonably determined by an Independent Financial
Expert selected for such purpose by the Board of Directors of the Company or a
committee thereof.

                                       1
<PAGE>

                  "Common Stock" means the common stock, par value $0.01 per
share, of the Company.

                  "Governmental Authority" means any foreign, federal, state,
local or other governmental authority or regulatory body having jurisdiction
over the Company, its Affiliates or the Warrantholder.

                  "Independent Financial Expert" means a nationally recognized
investment banking firm that does not (and whose directors, officers, employees
and Affiliates do not) have a direct or indirect financial interest in the
Company or any of its Affiliates, that has not been and at the time it is called
upon to give independent financial advice to the Company is not (and none of
whose directors, officers, employees or Affiliates is) a promoter, director or
officer of the Company or any of its Affiliates, and that does not provide any
advice or opinions to the Company or any of its Affiliates.

                  "Person" means any individual, firm, corporation, partnership,
limited liability company, trust, incorporated or unincorporated association,
joint venture, joint stock company, Governmental Authority or other entity of
any kind, and shall include any successor (by merger or otherwise) of such
entity.

                  "Securities Act" means the Securities Act of 1933, as amended
from time to time.
EXERCISE OF WARRANT

         2.1      Exercise Period. On the terms and subject to the conditions
contained herein, the Warrantholder may exercise this Warrant on any Business
Day starting on the date hereof and ending at 5:00 p.m., Eastern Standard Time,
on April 6, 2014 (the "Exercise Period"), for all or any part of the Warrant
Shares; provided that such Exercise Period shall be extended by a length of time
equal to the time period for which any registration statement intended to
register the Warrant Shares under the Securities Act may have lapsed after
effectiveness.

         2.2      Exercise Procedure. To exercise this Warrant, the
Warrantholder shall deliver to the Company at its principal executive offices:
(a) payment of the aggregate Exercise Price in the manner provided in Section
2.3 (as computed by multiplying (A) the Exercise Price by (B) the number of
shares of Common Stock for which the Warrantholder is exercising this Warrant at
such time); (b) a completed and properly executed Notice of Exercise in
substantially the form attached hereto as Annex I; and (c) this Warrant. Upon
receipt of the aggregate Exercise Price and the required deliverables pursuant
to the preceding sentence, the Company shall, within three (3) Business Days
thereafter, subject to receipt of any required regulatory approvals (including
expiration of any required waiting period), deliver to the Warrantholder duly
executed certificate(s) representing the aggregate number of shares of Common
Stock issuable upon such exercise, together with cash in lieu of any fraction of
a Warrant Share as provided in Section 2.6. Such stock certificate(s) shall be
in such denominations and registered in the name(s) as the Warrantholder shall
request in the Notice of Exercise. If this Warrant shall have been exercised in
part, the Company shall deliver to the Warrantholder a new warrant evidencing
the rights of the Warrantholder to purchase the remaining Warrant Shares
issuable (which shall in all other respects be identical to this Warrant). All
shares of Common Stock issuable upon the exercise of this Warrant pursuant to
the terms hereof shall be validly issued, fully paid and nonassessable and
without any preemptive rights.

         2.3      Payment of Exercise Price. The Exercise Price for the Warrant
Shares being purchased may be paid (i) in cash, by certified check or by wire
transfer to an account designated in writing by the Company, (ii) by the
Warrantholder surrendering a number of Warrant Shares having a Fair Market Value
on the date of exercise equal to, greater than (but only if by a fractional
share) or less than the required aggregate Exercise Price, in which case the
Holder shall receive the number of Warrant Shares to which it would otherwise be
entitled upon such exercise, less the surrendered shares, or (iii) any
combination of the methods described in the foregoing clauses (i) and (ii).

                                       2
<PAGE>

         2.4      Restrictions. The Company shall not be required to issue any
shares of Common Stock under this Warrant if the issuance of such shares would
constitute a violation by the Company of any provision of any law, rule or
regulation of (i) any Governmental Authority, including without limitation,
compliance with the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as
amended (the "HSR Act"), and compliance with registration or qualification
requirements of applicable federal and state securities laws or (ii) any
applicable self governing organization or stock exchange, including without
limitation, the rules, regulations or listing requirements of any such
organization or stock exchange. If at any time the Company shall determine,
based upon the advice of counsel, that the registration, qualification or
listing of any shares subject to this Warrant under any applicable state or
federal law or other applicable rules or regulations (including those of any
applicable stock exchange), or any filing or expiration of any waiting period
under the HSR Act, is necessary as a condition of, or in connection with, the
issuance of shares, the Company shall not be required to issue any shares of
Common Stock under this Warrant unless and until the Company has received
evidence reasonably satisfactory to it that such laws, rules or regulations have
been complied with and/or such filing has been made and the applicable waiting
period has expired under the HSR Act.

         2.5      Payment of Taxes. The Company shall pay all stamp taxes
and other similar charges with respect to the issue or delivery of Common Stock
hereunder. The Company shall not be required to pay any transfer tax or other
similar charge imposed in connection with the issue of any stock certificate in
any name other than that of the Warrantholder, and in such case the Company
shall not be required to issue or deliver any stock certificate until such tax
or other charge has been paid or it has been established to the reasonable
satisfaction of the Company that no such tax or other charge is due.

         2.6      Fractional Shares. The Company shall not be required to
issue any fractional shares of Common Stock upon exercise of this Warrant. In
lieu of any fractional share to which the Warrantholder would otherwise be
entitled upon exercise of this Warrant, the Company shall make a cash payment in
an amount equal to the product of (a) the Closing Price per share of Common
Stock on the date of exercise multiplied by (b) the fraction of a share.

ADJUSTMENTS

         3.1      Subdivision or Combination of Common Stock. If the Company
at any time subdivides (by any stock split, stock dividend, recapitalization or
otherwise) its outstanding shares of Common Stock into a greater number of
shares, then as of the record date for effecting such subdivision the number of
shares issuable upon exercise of this Warrant will be proportionately increased
and the Exercise Price in effect immediately prior to such subdivision shall be
proportionately decreased. If the Company at any time combines (by reverse stock
split, recapitalization or otherwise) its outstanding shares of Common Stock
into a smaller number of shares, then as of the record date for effecting such
combination the number of shares issuable upon exercise of this Warrant will be
proportionately decreased and the Exercise Price in effect immediately prior to
such combination shall be proportionately increased.

         3.2      Consolidation, Merger, etc. In case of any consolidation
or merger of the Company with or into any other Person, or (a) any other
corporate reorganization, in which the Company shall not be the continuing or
surviving entity of such consolidation, merger or reorganization or in
connection with which the Common Stock (or other securities issuable upon
exercise of this Warrant) shall be changed into or exchanged for stock of any
other entity or cash or other property, (b) any transaction in which in excess
of 50% of the Company's voting power is transferred to a Person not a
stockholder immediately prior to the consummation of such transaction, (c) any
sale of all or substantially all of the assets of the Company or (d) a capital
reorganization or reclassification of the Common Stock (or other securities

                                       3
<PAGE>

issuable upon exercise of this Warrant) that does not result in an adjustment
pursuant to Section 3.1 (any such transaction being hereinafter referred to as a
"Reorganization"), then, in each case, the Warrantholder, on exercise hereof at
any time after the consummation or effective date of such Reorganization, shall
receive, in lieu of the Warrant Shares issuable on such exercise prior to the
date of such Reorganization, the stock, other securities, cash or other property
to which such holder would have been entitled upon the date of such
Reorganization if such holder had exercised this Warrant immediately prior
thereto.

         3.3      Notice of Adjustment. Whenever an event necessitating an
adjustment to this Warrant pursuant to this Article III occurs, the Company
shall promptly deliver written notice thereof, by first class mail, postage
prepaid, addressed to the Warrantholder in accordance with Section 8.5, which
notice shall state the increase or decrease in the number or other denominations
of securities purchasable and exercise price payable upon the exercise of this
Warrant setting forth in reasonable detail the method of calculation and the
facts upon which such calculation is based. RESTRICTIONS ON TRANSFER OF WARRANT
and WARRANT SHARES

         4.1      Restrictions on Transfer. The Warrantholder, by its
acceptance of this Warrant, agrees to be bound by the provisions of this Article
IV and acknowledges and confirms that this Warrant and any Warrant Shares issued
upon exercise of this Warrant have not been registered under the Securities Act
or any applicable state securities laws, and may not be sold or transferred
except in compliance with and subject to the Securities Act and such state
securities laws. Unless and until this Warrant and such Warrant Shares have been
registered under the Securities Act and such state securities laws, the Company
may require, as a condition to effecting any sale or transfer of this Warrant or
such Warrant Shares on the books of the Company, an opinion of counsel
reasonably satisfactory to the Company to the effect that an exemption from
registration under the Securities Act and such state securities laws is
available for the proposed transfer or assignment or a certification reasonably
satisfactory to the counsel of the Company in its professional determination
from the transferee that it is an "accredited investor" as defined under the
Securities Act and regulations promulgated thereunder. Any purported sale or
transfer of this Warrant and/or such Warrant Shares shall be null and void
unless made in compliance with the conditions set forth in this Article IV.
Except as provided in Section 4.2, (a) this Warrant and any warrant of the
Company issued in exchange or replacement for this Warrant shall be stamped or
otherwise imprinted with a legend in substantially the form set forth on the
cover of this Warrant, (b) each stock certificate for Warrant Shares issued upon
the exercise of this Warrant and each stock certificate issued upon the transfer
of any such Warrant Shares shall be stamped or otherwise imprinted with a legend
substantially to the same effect.

         4.2      Termination of Restrictions. The restrictions imposed by
Section 4.1 upon the transferability of this Warrant and the Warrant Shares
shall terminate: (a) when and so long as this Warrant or any such Warrant Shares
shall have been effectively registered under the Securities Act and transferred
in compliance therewith; or (b) when the Company shall have received an opinion
of counsel reasonably satisfactory to it that this Warrant or such Warrant
Shares may be transferred without registration thereof under the Securities Act;
provided, however, that if the Warrant or the Warrant Shares have been held
(both legally and beneficially) by the Warrantholder for at least one (1) year
and is proposed to be sold in compliance with Rule 144 under the Securities Act,
no such opinion of counsel shall be required. Whenever the legend requirements
imposed by Section 4.1 shall terminate as to this Warrant or the Warrant Shares,
the holder of this Warrant or any Warrant Shares shall be entitled to receive
from the Company, at the Company's expense, a new warrant or a new stock
certificate representing the Warrant Shares, as the case may be, not bearing the
restrictive legend described in Section 4.1.

4.3 Compliance with Securities
Laws. The Warrantholder, by acceptance hereof, represents to the Company that
this Warrant and any Warrant Shares purchased upon exercise of this Warrant are
being acquired solely for the Warrantholder's own account and not as a nominee
for any other party, and for investment, and that the Warrantholder will not
offer, sell or otherwise dispose of this Warrant or any such Warrant Shares
except under circumstances that will not result in a violation of the Securities
Act or any applicable state securities laws.

                                       4
<PAGE>

         4.4      Transfer Procedure. Subject to compliance with the other
provisions of this Article IV, transfer of this Warrant, in whole or in part,
shall occur upon surrender of this Warrant at the principal executive offices of
the Company, together with a duly executed written assignment of this Warrant in
substantially the form attached hereto as Annex II and funds sufficient to pay
any transfer taxes payable upon the making of such transfer and, if required, an
opinion of counsel reasonably acceptable to counsel of the Company in its
professional determination concerning the compliance of such transfer with the
Securities Act and applicable state securities laws. Upon receipt of such items,
the Company shall execute and deliver a new warrant or warrants in the name of
the assignee or assignees and in the denomination(s) specified in such
instrument of assignment, and shall issue to the assignor a new warrant
evidencing the portion of this Warrant not so assigned, and this Warrant shall
promptly be cancelled.

         4.5      Maintenance of Transfer Books. The Company agrees to
maintain, at the principal executive office of the Company, books or records for
the registration and the registration of transfer of this Warrant or any warrant
of the Company issued in exchange for this Warrant.

         4.6      Registration Rights. Any registration statement under the
Securities Act intended to register the Warrant Shares remain effective until
such time as all Warrant Shares can be freely sold without volume limitations
pursuant to Rule 144K of the Securities Act. RESTRICTIONS ON TRANSFER OF
WARRANTS

         The Warrantholder, by its acceptance of this Warrant, agrees that it
will not directly, or indirectly, offer to sell, sell, contract to sell, grant
or sell to any other person any option, right or warrant to purchase, lend,
assign, pledge, transfer, hypothecate or otherwise dispose of or encumber any of
the Warrants, or dispose of any beneficial interest therein, except to (i)
successors to Warrantholder in a merger or consolidation, (ii) officers,
directors, employees or agents of Warrantholder, (iii) purchasers of all or
substantially all of the assets of Warrantholder or (iv) shareholders of
Warrantholder or shareholders or partners of its transferees in the event of
liquidation or dissolution.
NECESSARY ACTIONS

         The Company will: (a) use its commercially reasonable efforts to obtain
all such authorizations, approvals, exemptions or consents from any Governmental
Authority having jurisdiction thereof as may be necessary to enable the Company
to perform its obligations under this Warrant (including, without limitation,
making all necessary filings with such Governmental Authorities); (b) take all
necessary steps (including, without limitation, making appropriate amendments to
its certificate of incorporation) to ensure that the Company has authorized a
sufficient number of authorized but unissued shares of its Common Stock to
provide for the issuance of the Warrant Shares; (c) reserve from such authorized
but unissued shares of Common Stock a sufficient number of shares to provide for
the issuance of the Warrant Shares upon the exercise of this Warrant; and (d)
take all actions as may be necessary or appropriate to ensure that the Company
may validly and legally issue fully paid and non-assessable shares of Common
Stock upon the exercise of this Warrant that are not subject to any preemptive
rights and are free from all taxes, liens, security interests, charges, and
other encumbrances with respect to the issuance thereof, other than taxes in
respect of any transfer occurring contemporaneously with such issuance.
LOSS OR MUTILATION

         On receipt of evidence reasonably satisfactory to the Company of the
loss, theft, destruction or mutilation of this Warrant and (a) in the case of
loss, theft or destruction, on delivery of an indemnity agreement reasonably
satisfactory in form and substance to the Company; or (b) in the case of
mutilation, on surrender and cancellation of this Warrant, the Company shall
execute and deliver, in lieu of this Warrant, a new warrant of like tenor and
amount.

                                       5
<PAGE>

MISCELLANEOUS

         8.1 Entire Agreement. This Warrant constitutes the entire agreement
between the Company and the Warrantholder with respect to the Warrant.

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

         8.3 Binding Effect; No Third-Party Beneficiaries. This Warrant shall
inure to the benefit of and shall be binding upon the Company and the
Warrantholder and their respective successors and permitted assigns. Nothing in
this Warrant, expressed or implied, is intended to or shall confer on any Person
other than the Company and the Warrantholder, or their respective successors or
permitted assigns, any rights, remedies, obligations or liabilities under or by
reason of this Warrant.

         8.4 Section and Other Headings. The section and other headings
contained in this Warrant are for reference purposes only and shall not be
deemed to be a part of this Warrant or to affect the meaning or interpretation
of this Warrant.

         8.5 Notices. Except as otherwise expressly provided herein, all
notices and deliveries referred to in this Warrant shall be in writing
(including facsimile transmission or similar writing) and shall be given to such
party at its address or facsimile number set forth on the signature pages
hereof. Each such notice, request or other communication shall be deemed
received by the other party (i) if given by facsimile transmission, when
transmitted to the facsimile number specified in this Section and confirmation
of receipt is received, (ii) if given by mail, 72 hours after such communication
is deposited in the mails with first class postage prepaid, addressed as
aforesaid or (iii) if given by any other means, when delivered at the address
specified in this Section.

         8.6 Severability. Whenever possible, each provision of this Warrant
will be interpreted in such manner as to be effective and valid under applicable
law, but if any provision of this Warrant is held by a court of competent
jurisdiction to be invalid, illegal or unenforceable in any respect under any
applicable law or rule in any jurisdiction, such invalidity, illegality or
unenforceability will not affect any other provision of this Warrant or the
validity, legality or enforceability of this Warrant in any other jurisdiction.
In such event, this Warrant will be reformed, construed and enforced in such
jurisdiction as if such invalid, illegal or unenforceable provision had never
been contained herein.

         8.7 Governing Law. All questions concerning the construction, validity
and interpretation of this warrant and the issuance of securities hereunder will
be governed by and construed in accordance with the internal laws of the State
of delaware, without giving effect to any choice of law or conflict of law
provision or rule (whether of the State of delaware or any other jurisdiction)
that would cause the application of the laws of any jurisdiction other than the
State of delaware.

         8.8 Rights or Liabilities as Stockholder. The Warrantholder shall be
deemed to have become a holder of record of the shares of Common Stock issuable
under Section 2.2 as of the date on which all required deliverables pursuant to
Section 2.2 have been received by the Company. Until such time the Warrantholder
shall not have any voting rights or other rights or liabilities of a stockholder
of the Company with respect to the Common Stock issuable hereunder.

         8.9 Amendment. No amendment or waiver of any provision of this Warrant
shall be effective without the prior written consent of the Company and the
Warrantholder.

                                       6
<PAGE>

                  IN WITNESS WHEREOF, the Company has caused this Warrant to be
signed by its duly authorized officer as of the date first written above.

                                   MOTIENT CORPORATION

                                   By:
                                       -----------------------------------
                                       Christopher Downie
                                       Executive Vice President
                                       Chief Financial Officer

                                   Warrantholder Information:

                                   [Name] [Address]

<PAGE>

                                     Annex I
                               NOTICE OF EXERCISE
                               ------------------
                 (To be executed upon exercise of this Warrant)

                  The undersigned hereby irrevocably elects to exercise the
right represented by this Warrant to purchase _________ shares of Common Stock,
and herewith tenders to the Company as payment for such shares the amount of
$__________ in accordance with the terms of this Warrant. The undersigned
requests that a certificate for such shares be registered in the name of each of
the following:
                                            Name:
                                                ---------------------------
                                         Address:
                                                ---------------------------
                                                ---------------------------
                                                ---------------------------

and that each certificate be delivered to the above at the address indicated.
                  The undersigned represents that it is an accredited investor
(as defined in applicable rules and regulations under the Securities Act of
1933, as amended), and that it is acquiring such shares of Common Stock for its
own account for investment and not with a view to or for sale in connection with
any distribution thereof.
Dated:  __________________________

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

                                                     ---------------------------
                                                      (Print Name)
                                                     ---------------------------
                                                      (Street Address)
                                                     ---------------------------
                                                      (City) (State) (Zip Code)

<PAGE>

                                    Annex II
                               WRITTEN ASSIGNMENT
                               ------------------

                  FOR VALUE RECEIVED, __________________ hereby sells, assigns,
and transfers unto__________________________________________ (please print name
and address) this Warrant, together with all right, title and interest therein,
and does hereby irrevocably constitute and appoint _____________________
Attorney, to transfer the Warrant on the books of Motient Corporation with full
power of substitution.

Dated:
      ------------------------------                 --------------------------
                                                     Signature

Signature Guaranteed:

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

The signature to the assignment must correspond to the name of the registered
holder of this Warrant on the books and records of the Company in every
particular, without alteration or any change whatsoever, and must be guaranteed
by a participant in the Security Transfer Agents Medallion Program or an
institution receiving prior approval of the Company. If the assignment is signed
pursuant to a power of attorney, such power of attorney must be attached hereto.EXHIBIT  4.1
                               AUGRID CORPORATION

                       2004 LONG-TERM STOCK INCENTIVE PLAN

1.  Purpose  of  the  Plan. The purpose of the AuGRID Corporation 2004 Long-Term
Stock  Incentive  Compensation  Plan  ("Plan")  is  to  promote the success, and
enhance  the value, of AuGRID Corporation, a Nevada corporation, ("Company"), by
linking  the  personal  interests  of  its  employees, consultants, officers and
directors to those of the Company's shareholders and to provide the Company with
flexibility  in its ability to motivate, attract, retain the services of as well
as  compensate  select key employees; officers, directors and consultants to the
Company  and its subsidiaries for their services rendered in connection with the
development of the company and its operations. Accordingly, the Plan permits the
grant  of  incentive  rewards  from  time  to  time  to  the  aforementioned.

2.  Administration  of the Plan. The Plan shall be administered by the Company's
Board of Directors (the "Board") and presented to the shareholders at the annual
meeting.

     2.1.  Award  or Sales of shares. The Company's Board shall (a) select those
key  employees,  officers,  directors  and  consultants  to  whom  shares of the
Company's Common Stock shall be awarded or sold, and (b) determine the number of
shares to be awarded or sold; the time or times at which shares shall be awarded
or  sold;  whether  the shares to be awarded or sold will be registered with the
Securities  and  Exchange Commission; and such conditions, rights of repurchase,
rights  of  first  refusal  or  other  transfer  restrictions  as  the Board may
determine.  Each  award  or  sale  of  shares  under  the Plan may or may not be
evidenced  by  a  written  agreement between the Company and the persons to whom
shares  of  the  Company's  Common  Stock  are  awarded  or  sold.

     2.2.  Consideration  for Shares. Shares of the Company's Common Stock to be
awarded  or sold under the Plan shall be issued for such consideration, having a
value  not less than par value thereof, as shall be determined from time to time
by  the  Board  in  its  sole  discretion.

     2.3. Board Procedures. The Board from time to time may adopt such rules and
regulations  for carrying out the purposes of the Plan as it may deem proper and
in  the  best  interests  of  the  Company.  The Board shall keep minutes of its
meetings  and  records  of  its  actions. A majority of the members of the Board
shall  constitute a quorum for the transaction of any business by the Board. The
Board  may act at any time by an affirmative vote of a majority of those members
voting.  Such vote shall be taken at a meeting (which may be conducted in person
or  by  any  telecommunication  medium)  or  by written consent of Board members
without  a  meeting.

     2.4.  Finality  of  Board  Action.  The  Board  shall resolve all questions
arising under the Plan. Each determination, interpretation, or other action made
or  taken by the Board shall be final and conclusive and binding on all persons,
including, without limitation, the Company, its stockholders, the Board and each
of  the  members  of  the  Board.

     2.5.  Non-Liability  of  Board Members. No Board member shall be liable for
any  action  or determination made by him in good faith with respect to the Plan
or  any  shares  of  the  Company's  Common  Stock  sold  or  awarded  under it.

<PAGE>

     2.6.  Board  Power to Amend, Suspend, or Terminate the Plan. The Board may,
from  time to time, make such changes in or additions to the Plan as it may deem
proper  and in the best interests of the Company and its Stockholders. The Board
may  also  suspend or terminate the Plan at any time, without notice, and in its
sole  discretion.

     3. Definitions. When a word or phrase appears in this Plan with the initial
letter  capitalized,  and  the  word or phrase does not commence a sentence, the
word  or  phrase  shall  generally  be  given the meaning ascribed to it in this
Section  or in Section 1.1 unless a clearly different meaning is required by the
context.  The  following  words  and  phrases shall have the following meanings:

     (a) "Award" means any Option, Stock Appreciation Right, Restricted Stock
Award, Performance Share Award or Other Stock-Based Award, or any other right or
interest relating to Stock or cash, granted to a Participant under the Plan.

     (b) "Award Agreement" means any written agreement, contract, or other
instrument or document evidencing an Award.

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

     (d) "Change in Control" means and includes each of the following:

               (1)  The acquisition by any individual, entity or group (within
the  meaning  of  Section  13(d)(3) or 14(d)(2) of the 1934 Act) (a "Person") of
beneficial  ownership  (within  the  meaning of Rule 13d-3 promulgated under the
1934  Act)  of  50% or more of the combined voting power of the then outstanding
voting  securities  of the Company entitled to vote generally in the election of
directors (the "Outstanding Company Voting Securities"); provided, however, that
for  purposes  of  this  subsection  (1),  the  following acquisitions shall not
constitute  a  Change  of Control: (i) any acquisition by a Person who is on the
Effective  Date  the  beneficial owner of 50% or more of the Outstanding Company
Voting  Securities,  (ii)  any  acquisition directly from the Company, (iii) any
acquisition  by  the  Company, (iv) any acquisition by any employee benefit plan
(or  related  trust)  sponsored  or maintained by the Company or any corporation
controlled by the Company, or (v) any acquisition by any corporation pursuant to
a transaction which complies with clauses (i) and (ii) of subsection (3) of this
definition;  or

               (2)  Individuals  who,  as  of the Effective Date, constitute the
Board  (the  "Incumbent  Board")  cease  for any reason to constitute at least a
majority  of  the  Board;  provided,  however,  that  any  individual becoming a
director  subsequent  to  the  Effective  Date whose election, or nomination for
election  by  the  Company's  stockholders, was approved by a vote of at least a
majority  of  the  directors  then  comprising  the  Incumbent  Board  shall  be
considered  as  though such individual were a member of the Incumbent Board, but
excluding,  for  this  purpose,  any such individual whose initial assumption of
office  occurs  as  a  result  of  an actual or threatened election contest with
respect  to  the  election or removal of directors or other actual or threatened
solicitation  of  proxies or consents by or on behalf of a Person other than the
Board;  or

               (3)  Consummation  of  a reorganization, merger, consolidation or
share  exchange, or sale or other disposition of all or substantially all of the
assets  of  the  Company  (a  "Business  Combination"),  in  each  case, unless,
following  such  Business  Combination,  (i)  all  or  substantially  all of the
individuals  and  entities  who  were  the  beneficial owners of the Outstanding
Company  Voting  Securities  immediately  prior  to  such  Business  Combination
beneficially  own,  directly or indirectly, more than 50% of the combined voting
power  of  the  then outstanding voting securities entitled to vote generally in
the  election  of  directors  of  the  corporation  resulting from such Business
Combination  (including,  without limitation, a corporation which as a result of
such  transaction  owns the Company or all or substantially all of the Company's
assets either directly or through one or more subsidiaries) in substantially the
same  proportions  as  their  ownership,  immediately  prior  to  such  Business
Combination  of  the  Outstanding Company Voting Securities, and (ii) at least a
majority  of  the members of the board of directors of the corporation resulting
from  such  Business Combination were members of the Incumbent Board at the time
of  the  execution  of  the  initial  agreement,  or of the action of the Board,
providing  for  such  Business  Combination.

          (e) "Code" means the Internal Revenue Code of 1986, as amended from
     time to time.

          (f) "Committee" means the committee of the Board.

          (g) "Company" means AuGRID Corporation, a Nevada corporation.

          (h) "Covered Employee" means a covered employee as defined in Code
     Section 162(m)(3).

          (i) "Disability" means any illness or other physical or mental
     condition of a Participant that renders the Participant incapable of
     performing his customary and usual duties for the Company, or any medically
     determinable illness or other physical or mental condition resulting from a
     bodily injury, disease or mental disorder which, in the judgment of the
     Committee, is permanent and continuous in nature. The Committee may require
     such medical or other evidence as it deems necessary to judge the nature
     and permanency of the Participant's condition. Notwithstanding the above,
     with respect to an Incentive Stock Option, Disability shall mean Permanent
     and Total Disability as defined in Section 22(e)(3) of the Code.

          (j)  "Effective Date" has the meaning assigned such term
               in Section 2.1

          (k) "Fair Market Value", on any date, means (i) the closing sales
     price of the Stock as reported on a securities exchange or the Nasdaq
     National Market or Nasdaq Small Cap Market on such date or, (ii) in the
     absence of reported sales on such date, the closing sales price on the
     immediately preceding date on which sales were reported, or (iii) if the
     Stock is not then listed on any such exchange or market, then the average
     of the closing bid and asked prices for such Stock as reported by the NASD
     Over-the-Counter Bulletin Board, provided that if it is determined that the
     fair market value is not properly reflected by such market quotations, Fair
     Market Value will be determined by such other method as the Committee
     determines in good faith to be reasonable.

          (l) "Incentive Stock Option" means an Option that is intended to meet
     the requirements of Section 422 of the Code or any successor provision
     thereto.

          (m) "Non-Qualified Stock Option" means an Option that is not an
     Incentive Stock Option.

          (n) "Option" means a right granted to a Participant under Article 7 of
     the Plan to purchase Stock at a specified price during specified time
     periods. An Option may be either an Incentive Stock Option or a
     Non-Qualified Stock Option.

<PAGE>

          (o) "Other Stock-Based Award" means a right, granted to a Participant
     under Article 11, that relates to or is valued by reference to Stock or
     other Awards relating to Stock.

          (p) "Parent" means a corporation which owns or beneficially owns a
     majority of the outstanding voting stock or voting power of the Company.
     For Incentive Stock Options, the term "Parent" shall have the meaning set
     forth in Code Section 424(e).

          (q) "Participant" means a natural person who, as an employee,
     consultant, officer or director of the Company or any Parent or Subsidiary,
     has been granted an Award under the Plan. A consultant that may be a
     Participant under the Plan may only be a natural person who provides bona
     fide services to the Company or any Subsidiary and such services are not in
     connection with the offer or sale of securities in a capital raising
     transaction and do not directly or indirectly promote or maintain a market
     for the Company's or any Parent's or Subsidiary's securities.

          (r) "Performance Share" means a right granted to a Participant under
     Article 9, to receive cash, Stock, or other Awards, the payment of which is
     contingent upon achieving certain performance goals established by the
     Committee.

          (s) "Plan" means the AuGRID Corporation 2004 Long-Term Stock Incentive
     Plan, as amended from time to time.

          (t) "Restricted Stock Award" means Stock granted to a Participant
     under Article 10 that is subject to certain restrictions and to risk of
     forfeiture.

          (u) "Stock" means the $0.001 par value common stock of the Company and
     such other securities of the Company as may be substituted for Stock
     pursuant to Article 13.

          (v) "Stock Appreciation Right" or "SAR" means a right granted to a
     Participant under Article 8 to receive a payment equal to the difference
     between the Fair Market Value of a share of Stock as of the date of
     exercise of the SAR over the grant price of the SAR, all as determined
     pursuant to Article 8.

          (w) "Subsidiary" means any corporation, limited liability company,
     partnership or other entity of which a majority of the outstanding voting
     stock or voting power is beneficially owned directly or indirectly by the
     Company. For Incentive Stock Options, the term "Subsidiary" shall have the
     meaning set forth in Code Section 424(f).

          (x) "1933 Act" means the Securities Act of 1933, as amended from time
     to time.

          (y) "1934 Act" means the Securities Exchange Act of 1934, as amended
     from time to time

4.  Shares Subject to the Plan. For purposes of the Plan, the Board of Directors
is  authorized  to  sell or award up to 500,000,000 shares and/or options of the
Company's  Common  Stock,  $0.001  par  value  per  share  ("Common  Stock").

5.  Participants.  All  key  employees (including officers) and directors of and
consultants  to  the  Company  and any of its subsidiaries sometimes referred to
herein  as  ("Participants")  are eligible to participate in the Plan. A copy of
this  Plan  shall  be  delivered to all requesting participants, together with a
copy  of  any  Board  resolutions  authorizing  the  issuance  of the shares and
establishing  the terms and conditions, if any, relating to the sale or award of
such  shares.

6. Rights and Obligations of Participants. The award or sale of shares of Common
Stock shall be conditioned upon the participant providing to the Board a written
representation that, at the time of such award or sale, it is the intent of such
person(s)  to  acquire the shares for investment only and not with a view toward
distribution.  The  certificate  for  unregistered  shares issued for investment
shall be restricted by the Company as to transfer unless the Company receives an
opinion  of  counsel  satisfactory  to  the  Company  to  the  effect  that such
restriction  is  not  necessary  under the pertaining law. The providing of such
representation  and such restriction on transfer shall not, however, be required
upon  any person's receipt of shares of Common Stock under the Plan in the event
that,  at  the  time  of  award  or  sale, the shares shall be (i) covered by an
effective  and  current registration statement under the Securities Act of 1933,
as  amended,  and  (ii)  either  qualified  or  exempt  from qualification under
applicable  state  securities  laws.  The  Company  shall,  however,  under  no
circumstances  be required to sell or issue any shares under the Plan if, in the
opinion  of  the  Board,  (i)  the  issuance  of  such shares would constitute a
violation  by the participant or the Company of any applicable law or regulation
of  any  governmental  authority,  or  (ii)  the  consent  or  approval  of  any
governmental  body is necessary or desirable as a condition of, or in connection
with,  the  issuance  of  such  shares.

7.  Payment  of  Shares.

          (a) The entire purchase price of shares issued under the Plan shall be
     payable in lawful money of the United States of America at the time when
     such shares are purchased, except as provided in subsection (b) below.

          (b) At the discretion of the Board, Shares may be issued under the
     Plan in consideration of services rendered.

8.  Adjustments. If the outstanding Common Stock shall be hereafter increased or
decreased, or changed into or exchanged for a different number or kind of shares
or  other  securities  of  the Company or of another corporation, by reason of a
recapitalization, reclassification, reorganization, merger, consolidation, share
exchange,  or  other  business combination in which the Company is the surviving
parent  corporation, stock split-up, combination of shares, or dividend or other
distribution  payable  in  capital  stock  or  rights  to acquire capital stock,
appropriate  adjustment  shall  be  made  by the Board in the number and kind of
shares  which  may  be  granted  under  the  Plan.

9.  Tax  Withholding.  As  a  condition  to the purchase or award of shares, the
participant  shall  make  such  arrangements  as  the  Board may require for the
satisfaction of any federal, state, local or foreign withholding tax obligations
that  may  arise  in  connection  with  such  purchase  or  award.

10.  Terms  of  the  Plan.

     10.1.  Effective  Date.  The  Plan shall become effective on June 15, 2004.

     10.2.  Termination  Date.  The Plan shall terminate at Midnight on June 14,
2007,  and  no  shares shall be awarded or sold after that time. The Plan may be
suspended  or terminated at any earlier time by the Board within the limitations
set  forth  in  Section  2.6.  Upon  termination,  a  new plan shall replace the
effective  plan  when  it  is  executed  by  the  Board  of  Directors.

<PAGE>

11.  Non-Exclusivity  of  the Plan. Nothing contained in the Plan is intended to
amend,  modify,  or rescind any previously approved compensation plans, programs
or  options  entered  into by the Company. This Plan shall be construed to be in
addition to and independent of any and all such other arrangements. The adoption
of  the  Plan by the Board shall not be construed as creating any limitations on
the  power  of  authority  of  the  Board  to adopt, with or without stockholder
approval,  such  additional  or other compensation arrangements as the Board may
from  time  to  time  deem  desirable.

12.  Governing  Law.  The  Plan and all rights and obligations under it shall be
construed  and  enforced  in  accordance  with  the laws of the State of Nevada.

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