Document:

Kore Nutrition Incorporated: Exhibit 10.6 - Filed by newsfilecorp.com

KORE NUTRITION INCORPORATED

2010 STOCK OPTION PLAN

This 2010 Stock Option Plan (the “Plan”) provides for the grant
of options to acquire shares of common stock, $0.001 par value (the “Common
Stock”), of Kore Nutrition Incorporated, a Nevada corporation (the “Company”).
For the purposes of Eligible Employees (as defined below) who are subject to tax
in the United States, stock options granted under this Plan that qualify under
Section 422 of the United States Internal Revenue Code of 1986, as amended (the
“Code”), are referred to in this Plan as “Incentive Stock Options”. Incentive
Stock Options and stock options that do not qualify under Section 422 of the
Code (“Non-Qualified Stock Options”) and stock options granted to non-United
States residents under this Plan are referred to collectively as “Options”.

	1. 	PURPOSE 

1.1         The purpose of
this Plan is to retain the services of valued directors, officers, key employees
and consultants of the Company, subsidiaries of the Company, and such other
persons as the Plan Administrator shall select in accordance with Section 3
below, and to encourage such persons to acquire a greater proprietary interest
in the Company, thereby strengthening their incentive to achieve the objectives
of the shareholders of the Company, and to serve as an aid and inducement in the
hiring of new employees and to provide an equity incentive to directors,
officers, consultants and other persons selected by the Plan Administrator.

1.2          This
Plan shall at all times be subject to all legal requirements relating to the
administration of stock option plans, if any, under applicable Canadian federal
and provincial, and United States federal and state securities laws, the Code,
the rules of any applicable stock exchange or stock quotation system, and the
rules of any foreign jurisdiction applicable to Options granted to residents
therein (collectively, the “Applicable Laws”).

	2. 	ADMINISTRATION

2.1          This
Plan shall be administered initially by the Board of Directors of the Company
(the “Board”), except that the Board may, in its discretion, establish a
committee composed of two (2) or more members of the Board to administer the
Plan, which committee (the “Committee”) may be an executive, compensation or
other committee, including a separate committee especially created for this
purpose. The Board or, if applicable, the Committee is referred to herein as the
“Plan Administrator”.

2.2          If
and so long as the Common Stock is registered under Section 12(b) or 12(g) of
the United States Securities Exchange Act of 1934, as amended (the
“Exchange Act”), the Board shall consider in selecting the Plan Administrator
and the membership of any Committee, with respect to any persons subject or
likely to become subject to Section 16 of the Exchange Act, the provisions
regarding (a) “outside directors” as contemplated by Section 162(m) of the Code,
and (b) “Non-Employee Directors” as contemplated by Rule 16b-3 under the
Exchange Act.

2.3          The
Committee shall have the powers and authority vested in the Board hereunder
(including the power and authority to interpret any provision of the Plan or of
any Option). The members of any such Committee shall serve at the pleasure of
the Board. A majority of the members of the Committee shall constitute a quorum,
and all actions of the Committee shall be taken by a majority of the members
present. Any action may be taken by a written instrument signed by all of the
members of the Committee and any action so taken shall be fully effective as if
it had been taken at a meeting.

- 2 -

2.4          The
Board may at any time amend, suspend or terminate the Plan, subject to such
shareholder approval as may be required by Applicable Laws, including the rules
of an applicable stock exchange or other national market system, provided
that:

	 	(a) 	
      no Options may be granted during any suspension of the
      Plan or after termination of the Plan; and

	 	 	 
	 	(b) 	
      any amendment, suspension or termination of the Plan will
      not affect Options already granted, and such Options will remain in full
      force and affect as if the Plan had not been amended, suspended or
      terminated, unless mutually agreed otherwise between the Optionee (as
      defined below) and the Plan Administrator, which agreement will have to be
      in writing and signed by the Optionee and the
Company.

2.5          Subject
to the provisions of this Plan, and with a view to effecting its purpose, the
Plan Administrator shall have sole authority, in its absolute discretion,
to:

	 	(a) 	
      construe and interpret this Plan;

	 	 	 
	 	(b) 	
      define the terms used in the Plan;

	 	 	 
	 	(c) 	
      prescribe, amend and rescind the rules and regulations
      relating to this Plan;

	 	 	 
	 	(d) 	
      correct any defect, supply any omission or reconcile any
      inconsistency in this Plan;

	 	 	 
	 	(e) 	
      grant Options under this Plan;

	 	 	 
	 	(f) 	
      determine the individuals to whom Options shall be
      granted under this Plan and whether the Option is an Incentive Stock
      Option or a Non-Qualified Stock Option, or otherwise;

	 	 	 
	 	(g) 	
      determine the time or times at which Options shall be
      granted under this Plan;

	 	 	 
	 	(h) 	
      determine the number of shares of Common Stock subject to
      each Option, the exercise price of each Option, the duration of each
      Option and the times at which each Option shall become
  exercisable;

	 	 	 
	 	(i) 	
      determine all other terms and conditions of the Options;
      and

	 	 	 
	 	(j) 	
      make all other determinations and interpretations
      necessary and advisable for the administration of the
  Plan.

2.6          All
decisions, determinations and interpretations made by the Plan Administrator
shall be binding and conclusive on all participants in the Plan and on their
legal representatives, heirs and beneficiaries, subject to any contrary
determination by the Board.

	3. 	ELIGIBILITY 

3.1         
Incentive Stock Options may be granted to any individual who, at the time the
Option is granted, is an employee of the Company or any Related Company (as
defined below) (“Eligible Employees”) subject to tax in the United States.

- 3 -

3.2         
Non-Qualified Stock Options may be granted to Eligible Employees, Consultants,
and to such other persons who are not Eligible Employees as the Plan
Administrator shall select, subject to any Applicable Laws.

3.3          Options
may be granted in substitution for outstanding options of another company in
connection with the merger, consolidation, acquisition of property or stock or
other reorganization between such other company and the Company or any
subsidiary of the Company. Options also may be granted in exchange for
outstanding Options.

3.4          Unless
otherwise approved by the Plan Administrator, no person shall be eligible to
receive in an fiscal year, Options to purchase more than 5% of the outstanding
shares of Common Stock (subject to adjustment as set forth in Section 5.1(n)
hereof. Any person to whom an Option is granted under this Plan is referred to
as an “Optionee”. Any person who is the owner of an Option is referred to as a
“Holder”.

3.5          As
used in this Plan, the term “Related Company” shall mean any company (other than
the Company) that is a “Parent Company” of the Company or “Subsidiary Company”
of the Company, as those terms are defined in Sections 424(e) and 424(f),
respectively, of the Code (or any successor provisions) and the regulations
thereunder (as amended from time to time).

	4. 	STOCK SUBJECT TO PLAN
  

4.1          The
Plan Administrator is authorized to grant Options to acquire up to a total of
3,212,000 shares of Common Stock at the time of the grant of an Option. The
number of shares with respect to which Options may be granted hereunder is
subject to adjustment as set forth in Section 5.1(n) hereof. In the event that
any outstanding Option expires or is terminated for any reason, the shares of
Common Stock allocable to the unexercised portion of such Option may again be
subject to an Option granted to the same Optionee or to a different person
eligible under Section 3 of this Plan; provided however, that any cancelled
Options will be counted against the maximum number of shares with respect to
which Options may be granted to any particular person as set forth in Section 3
hereof.

	5. 	TERMS AND CONDITIONS OF OPTIONS
    

5.1          Each
Option granted under this Plan shall be evidenced by a written agreement
approved by the Plan Administrator (the “Agreement”). Agreements may contain
such provisions, not inconsistent with this Plan, as the Plan Administrator in
its discretion may deem advisable. All Options also shall comply with the
following requirements:

	 	(a) 	
      Number of Shares and Type of Option

	 	 	 	 
	 		
      Each Agreement shall state the number of shares of Common
      Stock to which it pertains and, for Optionees subject to tax in the United
      States, whether the Option is intended to be an Incentive Stock Option or
      a Non-Qualified Stock Option, provided that:

	 	 	 	 
	 		(i) 	
      in the absence of action to the contrary by the Plan
      Administrator in connection with the grant of an Option, all Options shall
      be Non-Qualified Stock Options;

	 	 	 	 
	 		(ii) 	
      the aggregate fair market value (determined at the Date
      of Grant, as defined below) of the stock with respect to which Incentive
      Stock Options are exercisable for the first time by an Optionee subject to
      tax in the United States during any calendar year (granted under this Plan
      and all other Incentive Stock Option plans

- 4 -

	 		
      of the Company, a Related Company or a predecessor
      company) shall not exceed U.S.$100,000, or such other limit as may be
      prescribed by the Code as it may be amended from time to time (the “Annual
      Limit”); and

	 	 	 
	 	(iii) 	
      any portion of an Option which exceeds the Annual Limit
      shall not be void but rather shall be a Non-Qualified Stock
  Option.

	 	(b) 	
      Date of Grant

	 	 	 	 
	 		
      Each Agreement shall state the date the Plan
      Administrator has deemed to be the effective date of the Option for
      purposes of this Plan (the “Date of Grant”).

	 	 	 	 
	 	(c) 	
      Option Price

	 	 	 	 
	 		
      Each Agreement shall state the price per share of Common
      Stock at which it is exercisable. The Plan Administrator shall act in good
      faith to establish the exercise price in accordance with Applicable Laws;
      provided that:

	 	 	 	 
	 		(i) 	
      the per share exercise price for an Incentive Stock
      Option or any Option granted to a “covered employee” as such term is
      defined for purposes of Section 162(m) of the Code (“Covered Employee”)
      shall not be less than the fair market value per share of the Common Stock
      at the Date of Grant as determined by the Plan Administrator in good
      faith;

	 	 	 	 
	 		(ii) 	
      with respect to Incentive Stock Options granted to
      greater-than-ten percent (>10%) shareholders of the Company (as
      determined with reference to Section 424(d) of the Code), the exercise
      price per share shall not be less than one hundred ten percent (110%) of
      the Fair Market Value (as such term is defined in (v) below) per share of
      the Common Stock at the Date of Grant as determined by the Plan
      Administrator in good faith;

	 	 	 	 
	 		(iii) 	
      Options granted in substitution for outstanding options
      of another company in connection with the merger, consolidation,
      acquisition of property or stock or other reorganization involving such
      other company and the Company or any subsidiary of the Company may be
      granted with an exercise price equal to the exercise price for the
      substituted option of the other company, subject to any adjustment
      consistent with the terms of the transaction pursuant to which the
      substitution is to occur; and

	 	 	 	 
	 		(iv) 	
      with respect to Non-Qualified Stock Options, the exercise
      price per share shall be determined by the Plan Administrator at the time
      the Option is granted.

	 	 	 	 
	 		(v) 	
      For the purposes of the Plan, “Fair Market Value” means,
      with respect to the Common Stock and as of the date an Incentive Stock
      Option is granted hereunder, the market price per share of such Common
      Stock determined by the Committee, consistent with the requirements of
      Section 422 of the Code and to the extent consistent therewith, as
      follows: (i) if the Common Stock was traded on a stock exchange on the
      date in question, then the Fair Market Value will be equal to the closing
      price reported by the applicable composite-transactions report for such
      date; (ii) if the Common Stock was traded over-the-counter on the date in
      question and was classified as a national market, then the Fair
    Market

- 5 -

Value will be equal to the
last-transaction price quoted on the national market for such date; (iii) if the
Stock was traded over-the-counter on the date in question but was not classified
as a national market, then the Fair Market Value will be equal to the average of
the last reported representative bid and asked prices quoted on the
over-the-counter for such date; and (iv) if none of the foregoing provisions is
applicable, then the Fair Market Value will be determined by the Committee in
good faith on such basis as it deems appropriate.

	 	(d) 	
      Duration of Options

	 	 	 	 
	 		
      At the time of the grant of the Option, the Plan
      Administrator shall designate, subject to paragraph 5.1(g) below, the
      expiration date of the Option, which date shall not be later than ten (10)
      years from the Date of Grant; provided, that the expiration date of
      any Incentive Stock Option granted to a greater-than-ten percent (>10%)
      shareholder of the Company (as determined with reference to Section 424(d)
      of the Code) shall not be later than five (5) years from the Date of
      Grant. In the absence of action to the contrary by the Plan Administrator
      in connection with the grant of a particular Option, and except in the
      case of Incentive Stock Options as described above, all Options granted
      under this Plan shall expire five (5) years from the Date of
  Grant.

	 	 	 	 
	 	(e) 	
      Vesting Schedule

	 	 	 	 
	 		
      No Option shall be exercisable until it has vested. The
      vesting schedule for each Option shall be specified by the Plan
      Administrator at the time of grant of the Option prior to the provision of
      services with respect to which such Option is granted; provided
      that if no vesting schedule is specified at the time of grant, the
      Option shall vest as follows:

	 	 	 	 
	 		(i) 	
      on the first anniversary of the Date of Grant, the Option
      shall vest and shall become exercisable with respect to 25% of the Common
      Stock to which it pertains;

	 	 	 	 
	 		(ii) 	
      on the second anniversary of the Date of Grant, the
      Option shall vest and shall become exercisable with respect to an
      additional 25% of the Common Stock to which it pertains;

	 	 	 	 
	 		(iii) 	
      on the third anniversary of the Date of Grant, the Option
      shall vest and shall become exercisable with respect to an additional 25%
      of the Common Stock to which it pertains; and

	 	 	 	 
	 		(iv) 	
      on the fourth anniversary of the Date of Grant, the
      Option shall vest and shall become exercisable with respect to balance of
      the Common Stock to which it pertains.

The Plan Administrator may specify a
vesting schedule for all or any portion of an Option based on the achievement of
performance objectives established in advance of the commencement by the
Optionee of services related to the achievement of the performance objectives.
Performance objectives shall be expressed in terms of one or more of the
following: return on equity, return on assets, share price, market share, sales,
earnings per share, costs, net earnings, net worth, inventories, cash and cash
equivalents, gross margin or the Company’s performance relative to its internal
business plan, or such other terms as determined and directed by the Board.
Performance objectives may be in respect of the 

- 6 -

	 		
      performance of the Company as a whole (whether on a
      consolidated or unconsolidated basis), a Related Company, or a
      subdivision, operating unit, product or product line of either of the
      foregoing. Performance objectives may be absolute or relative and may be
      expressed in terms of a progression or a range. An Option that is
      exercisable (in full or in part) upon the achievement of one or more
      performance objectives may be exercised only following written notice to
      the Optionee and the Company by the Plan Administrator that the
      performance objective has been achieved.

	 	 	 	 	 
	 	(f) 	
      Acceleration of Vesting

	 	 	 	 	 
	 		
      The vesting of one or more outstanding Options may be
      accelerated by the Plan Administrator at such times and in such amounts as
      it shall determine in its sole discretion. The vesting of Options also
      shall be accelerated under the circumstances described in Section 5.1(n)
      below.

	 	 	 	 	 
	 	(g) 	
      Term of Option

	 	 	 	 	 
	 		(i) 	
      Options that have vested as specified by the Plan
      Administrator or in accordance with this Plan, shall terminate, to the
      extent not previously exercised, upon the occurrence of the first of the
      following events:

	 	 	 	 	 
	 			A. 	
      the expiration of the Option, as designated by the Plan
      Administrator in accordance with Section 5.1(d) above;

	 	 	 	 	 
	 			B. 	
      the date of an Optionee’s termination of employment or
      contractual relationship with the Company or any Related Company for cause
      (as determined in the sole discretion of the Plan Administrator) or the
      date of resignation by the Optionee from the Optionee’s employment or
      contractual relationship with the Company or any Related
Company;

	 	 	 	 	 
	 			C. 	
      the expiration of three (3) months from the date of an
      Optionee’s termination of employment or contractual relationship with the
      Company or any Related Company for any reason whatsoever other than cause,
      death or Disability (as defined below); or

	 	 	 	 	 
	 			D. 	
      the expiration of one year (1) from termination of an
      Optionee’s employment or contractual relationship by reason of death or
      Disability (as defined below).

	 	 	 	 	 
	 		(ii) 	
      Upon the death of an Optionee, any vested Options held by
      the Optionee shall be exercisable only by the person or persons to whom
      such Optionee’s rights under such Option shall pass by the Optionee’s will
      or by the laws of descent and distribution of the Optionee’s domicile at
      the time of death and only until such Options terminate as provided
      above.

	 	 	 	 	 
	 		(iii) 	
      For purposes of the Plan, unless otherwise defined in the
      Agreement, “Disability” shall mean medically determinable physical or
      mental impairment which has lasted or can be expected to last for a
      continuous period of not less than six (6) months or that can be expected
      to result in death. The Plan Administrator shall determine whether an
      Optionee has incurred a Disability on the basis of medical evidence
      acceptable to the Plan Administrator. Upon making a determination
  of

- 7 -

	 			Disability, the Plan Administrator shall, for purposes
      of the Plan, determine the date of an Optionee’s termination of employment
      or contractual relationship.
	 	 	 	 
	 		(iv) 	
      Unless accelerated in accordance with Section 5.1(f)
      above, unvested Options shall terminate immediately upon the Optionee
      resigning from or the Company terminating the Optionee’s employment or
      contractual relationship with the Company or any Related Company for any
      reason whatsoever, including death or Disability.

	 	 	 	 
	 		(v) 	
      For purposes of this Plan, transfer of employment between
      or among the Company and/or any Related Company shall not be deemed to
      constitute a termination of employment with the Company or any Related
      Company. For purposes of this subsection, employment shall be deemed to
      continue while the Optionee is on military leave, sick leave or other
      bona fide leave of absence (as determined by the Plan
      Administrator). The foregoing notwithstanding, employment shall not be
      deemed to continue beyond the first ninety (90) days of such leave, unless
      the Optionee’s re-employment rights are guaranteed by statute or by
      contract.

	 	 	 	 
	 	(h) 	
      Exercise of Options

	 	 	 	 
	 		(i) 	
      Options shall be exercisable, in full or in part, at any
      time after vesting, until termination. If less than all of the shares
      included in the vested portion of any Option are purchased, the remainder
      may be purchased at any subsequent time prior to the expiration of the
      Option term. No portion of any Option for less than fifty (50) shares (as
      adjusted pursuant to Section 5.1(n) below) may be exercised;
      provided, that if the vested portion of any Option is less than
      fifty (50) shares, it may be exercised with respect to all shares for
      which it is vested. Only whole shares may be issued pursuant to an Option,
      and to the extent that an Option covers less than one (1) share, it is
      unexercisable.

	 	 	 	 
	 		(ii) 	
      Options or portions thereof may be exercised by giving
      written notice to the Company, which notice shall specify the number of
      shares to be purchased, and be accompanied by payment in the amount of the
      aggregate exercise price for the Common Stock so purchased, which payment
      shall be in the form specified in Section 5.1(i) below. The Company shall
      not be obligated to issue, transfer or deliver a certificate of Common
      Stock to the Holder of any Option, until provision has been made by the
      Holder, to the satisfaction of the Company, for the payment of the
      aggregate exercise price for all shares for which the Option shall have
      been exercised and for satisfaction of any tax withholding obligations
      associated with such exercise.

	 	 	 	 
	 		(iii) 	
      During the lifetime of an Optionee, Options are
      exercisable only by the Optionee or in the case of a Non-Qualified Stock
      Option, transferee who takes title to such Option in the manner permitted
      by subsection 5.1(l) hereof.

	 	 	 	 
	 	(i) 	
      Payment upon Exercise of Option

	 	 	 	 
	 		
      Upon the exercise of any Option, the aggregate exercise
      price shall be paid to the Company in cash or by certified or cashier’s
      check. In addition, if pre-approved in writing by the Plan Administrator
      who may arbitrarily withhold consent, the Holder may pay for all or
    any

- 8 -

portion of the aggregate exercise price
by complying with one or more of the following alternatives:

	 	 	(i) 	
      by delivering to the Company shares of Common Stock
      previously held by such Holder, or by the Company withholding shares of
      Common Stock otherwise deliverable pursuant to exercise of the Option,
      which shares of Common Stock received or withheld shall have a fair market
      value at the date of exercise (as determined by the Plan Administrator)
      equal to the aggregate exercise price to be paid by the Optionee upon such
      exercise; or

	 	 	 	 
	 	 	(ii) 	
      by complying with any other payment mechanism approved by
      the Plan Administrator at the time of
exercise.

	 	(j) 	
      Cashless Exercise.

	 	 	 
			
      Unless otherwise determined by the Plan Administrator in
      its sole discretion, an Optionee may elect to receive, without the payment
      by such Optionee of any additional consideration, shares of Common Stock
      equal to the value of an Option or any portion thereof by the surrender of
      such Option or such portion to the Company, with the net issue election
      notice annexed hereto duly executed, at the principal office of the
      Company. Thereupon, the Company shall issue to such Optionee such number
      of fully paid and non-assessable shares of Common Stock as is computed
      using the following formula (or such other formula as may be determined by
      the Plan Administrator from time to time):

	X = Y (A – B) 
	A 

	 	 	where: 	  
	 	 	  	  
			X = 	
      the number of shares of Common Stock to be issued to the
      Optionee pursuant to the terms of this Section 5.1(j). 

	 	 	  	
       

			Y = 	
      the number of shares of Common Stock covered by such
      Option pursuant to the terms of the respective Agreement in respect of
    which the net issue election is made pursuant to this Section 5.1(j).    

	 	 	  	
       

			A = 	
      the Fair Market Value (defined below) of one share of
      Common Stock, as determined at the time the net issue election is made
      pursuant to this Section 5.1(j). 

	 	 	  	
       

			B = 	
      the exercise price per share of Common Stock in effect
      under such Option pursuant to the terms of the respective Agreement at the
    time the net issue election is made pursuant to this Section 5.1(j).    

“Fair Market Value” of a share of
Common Stock as of the date on which an Optionee notifies the Company of its
exercise of the Options (the “Determination Date”) shall mean the last reported
sales price of the shares of Common Stock as reported on the Over-the-Counter
Bulletin Board on the trading day immediately prior to the Determination Date;
provided, however, that if: (i) the shares of Common Stock are neither
traded on the Over-the-Counter Bulletin Board nor on the Nasdaq Global Market,
the Nasdaq Capital Market or a national securities exchange, then Fair Market
Value 

- 9 -

	 		
      shall be the average of the closing or last reported sale
      prices of the shares of Common Stock over the 30-day period immediately
      prior to the Determination Date reflected in the over-the-counter market,
      as reported by Pink OTC Markets Inc. or any organization performing a
      similar function, or if closing prices are not then routinely reported for
      the over-the-counter market, the average of the last bid and asked prices
      of the shares of Common Stock over the 30-day period ending five business
      days prior to the Determination Date; and (ii) if there is no public
      market for the shares of Common Stock, then Fair Market Value shall be
      determined in good faith by the Plan Administrator.

	 	 	 	 
	 	(k) 	
      No Rights as a Shareholder

	 	 	 	 
			
      A Holder shall have no rights as a shareholder with
      respect to any shares covered by an Option until such Holder becomes a
      record holder of such shares, irrespective of whether such Holder has
      given notice of exercise. Subject to the provisions of Section 5.1(n)
      hereof, no rights shall accrue to a Holder and no adjustments shall be
      made on account of dividends (ordinary or extraordinary, whether in cash,
      securities or other property) or distributions or other rights declared
      on, or created in, the Common Stock for which the record date is prior to
      the date the Holder becomes a record holder of the shares of Common Stock
      covered by the Option, irrespective of whether such Holder has given
      notice of exercise.

	 	 	 	 
	 	(l) 	
      Transfer of Option

	 	 	 	 
			
      (i) 
	
      Options granted under this Plan and the rights and
      privileges conferred by this Plan may not be transferred, assigned,
      pledged or hypothecated in any manner (whether by operation of law or
      otherwise) other than by will or by applicable laws of descent and
      distribution or pursuant to a qualified domestic relations order, and
      shall not be subject to execution, attachment or similar process;
      provided however that, subject to applicable laws:

	 	 	 	 
	 			
      A. 
	
       for Incentive Stock Options, any Agreement may
      provide or be amended to provide that an Option to which it relates is
      transferable without payment of consideration to immediate family members
      of the Optionee or to trusts or partnerships or limited liability
      companies established exclusively for the benefit of the Optionee and the
      Optionee’s immediate family members; or

	 	 	 	 
	 			
      B. 
	
       for Non-Qualified Stock Options, the Optionee’s
      heirs or administrators may exercise any portion of the outstanding
      Options within one year of the Optionee’s death.

	 	 	 	 
	 		(ii)	
       Upon any attempt to transfer, assign, pledge,
      hypothecate or otherwise dispose of any Option or of any right or
      privilege conferred by this Plan contrary to the provisions hereof, or
      upon the sale, levy or any attachment or similar process upon the rights
      and privileges conferred by this Plan, such Option shall thereupon
      terminate and become null and void.

	 	 	 	 
	 	(m) 	
      Securities Regulation and Tax
Withholding

	 	 	 	 
			
      (i) 
	
      Shares shall not be issued with respect to an Option
      unless the exercise of such Option and the issuance and delivery of such
      shares shall comply with all Applicable Laws. The inability of the Company
      to obtain from any regulatory

- 10 -

	 		
      body the authority deemed by the Company to be necessary
      for the lawful issuance and sale of any Options or shares under this Plan,
      or the unavailability of an exemption from registration for the issuance
      and sale of any shares under this Plan, shall relieve the Company of any
      liability with respect to the non- issuance or sale of such Options or
      shares.

	 	 	 	 
	 	(ii) 	
      As a condition to the exercise of an Option, the Plan
      Administrator may require the Holder to represent and warrant in writing
      at the time of such exercise that the shares are being purchased only for
      investment and without any then-present intention to sell or distribute
      such shares. At the option of the Plan Administrator, a stop-transfer
      order against such shares may be placed on the stock books and records of
      the Company, and a legend indicating that the stock may not be pledged,
      sold or otherwise transferred unless an opinion of counsel is provided
      stating that such transfer is not in violation of any applicable law or
      regulation, may be stamped on the certificates representing such shares in
      order to assure an exemption from registration. The Plan Administrator
      also may require such other documentation as may from time to time be
      necessary to comply with federal, provincial or state securities laws. THE
      COMPANY HAS NO OBLIGATION TO UNDERTAKE REGISTRATION OF OPTIONS OR THE
      SHARES OF STOCK ISSUABLE UPON THE EXERCISE OF OPTIONS.

	 	 	 	 
	 	(iii) 	
      The Holder shall pay to the Company by wire transfer,
      certified or cashier’s check, promptly upon exercise of an Option or, if
      later, the date that the amount of such obligations becomes determinable,
      all applicable federal, state, provincial, local and foreign withholding
      taxes that the Plan Administrator, in its discretion, determines to result
      upon exercise of an Option or from a transfer or other disposition of
      shares of Common Stock acquired upon exercise of an Option or otherwise
      related to an Option or shares of Common Stock acquired in connection with
      an Option. Upon approval of the Plan Administrator, a Holder may satisfy
      such obligation by complying with one or more of the following
      alternatives selected by the Plan Administrator:

	 	 	 	 
	 		A. 	
      by delivering to the Company shares of Common Stock
      previously held by such Holder or by the Company withholding shares of
      Common Stock otherwise deliverable pursuant to the exercise of the Option,
      which shares of Common Stock received or withheld shall have a fair market
      value at the date of exercise (as determined by the Plan Administrator)
      equal to any withholding tax obligations arising as a result of such
      exercise, transfer or other disposition; or

	 	 	 	 
	 		B. 	
      by complying with any other payment mechanism approved by
      the Plan Administrator from time to time.

	 	 	 	 
	 	(iv) 	
      The issuance, transfer or delivery of certificates of
      Common Stock pursuant to the exercise of Options may be delayed, at the
      discretion of the Plan Administrator, until the Plan Administrator is
      satisfied that the applicable requirements of the federal, provincial and
      state securities laws and the withholding provisions under Applicable Laws
      have been met and that the Holder has paid or otherwise satisfied any
      withholding tax obligation as described in paragraph 5.1(m)(iii)
    above.

- 11 -

	 	(n) 	
      Stock Dividend or Reorganization

	 	 	 	 
	 		(i) 	
      If: (1) the Company shall at any time be involved in a
      transaction described in Section 424(a) of the Code (or any successor
      provision) or any “corporate transaction” described in the regulations
      thereunder; (2) the Company shall declare a dividend payable in, or shall
      subdivide, reclassify, reorganize, or combine, its Common Stock or
      otherwise effect a change in the outstanding Common Stock as a result of a
      stock split, reverse stock split or other recapitalization; or (3) any
      other event with substantially the same effect shall occur, the Plan
      Administrator shall, subject to applicable law, with respect to each
      outstanding Option, proportionately adjust the number of shares of Common
      Stock subject to such Option and/or the exercise price per share so as to
      preserve the rights of the Holder substantially proportionate to the
      rights of the Holder prior to such event, and to the extent that such
      action shall include an increase or decrease in the number of shares of
      Common Stock subject to outstanding Options, the number of shares
      available under Section 4 of this Plan and the exercise price for such
      Options shall automatically be increased or decreased, as the case may be,
      proportionately, without further action on the part of the Plan
      Administrator, the Company, the Company’s shareholders, or any Holder, so
      as to preserve the proportional rights of the Holder.

	 	 	 	 
	 		(ii) 	
      In the event that the presently authorized capital stock
      of the Company is changed into the same number of shares with a different
      par value, or without par value, the stock resulting from any such change
      shall be deemed to be Common Stock within the meaning of the Plan, and
      each Option shall apply to the same number of shares of such new stock as
      it applied to old shares immediately prior to such change.

	 	 	 	 
	 		(iii) 	
      If the Company shall at any time declare an extraordinary
      dividend with respect to the Common Stock, whether payable in cash or
      other property, the Plan Administrator may, subject to applicable law, in
      the exercise of its sole discretion and with respect to each outstanding
      Option, proportionately adjust the number of shares of Common Stock
      subject to such Option and/or adjust the exercise price per share so as to
      preserve the rights of the Holder substantially proportionate to the
      rights of the Holder prior to such event, and to the extent that such
      action shall include an increase or decrease in the number of shares of
      Common Stock subject to outstanding Options, the number of shares
      available under Section 4 of this Plan shall automatically be increased or
      decreased, as the case may be, proportionately, without further action on
      the part of the Plan Administrator, the Company, the Company’s
      shareholders, or any Holder.

	 	 	 	 
	 		(iv) 	
      If the shareholders of the Company receive shares in the
      capital of another company ("Exchange Shares") in exchange for their
      Common Stock in any transaction involving a merger (other than a merger of
      the Company in which the holders of Common Stock immediately prior to the
      merger have the same proportionate ownership of Common Stock in the
      surviving company immediately after the merger), consolidation,
      acquisition of property or shares, separation or reorganization (other
      than a mere re-incorporation or the creation of a holding company), all
      Options granted hereunder shall be converted into options to purchase
      Exchange Shares unless the Company and the company issuing the Exchange
      Shares, in their sole discretion, determine that any or
  all

- 12 -

	 	 		
      such Options granted hereunder shall not be converted
      into options to purchase Exchange Shares but instead shall terminate in
      accordance with, and subject to the Holder's right to exercise the
      Holder's Options pursuant to, the provisions of Section 5.1(n)(ii). The
      amount and price of converted options shall be determined by adjusting the
      amount and price of the Options granted hereunder in the same proportion
      as used for determining the number of Exchange Shares the holders of the
      Common Stock receive in such merger, consolidation, acquisition or
      property or stock, separation or reorganization. Unless accelerated by the
      Board, the vesting schedule set forth in the option agreement shall
      continue to apply to the options granted for the Exchange
Shares.

	 	 	 	 
	 	 	(v) 	
      The foregoing adjustments in the shares subject to
      Options shall be made by the Plan Administrator, or by any successor
      administrator of this Plan, or by the applicable terms of any assumption
      or substitution document.

	 	 	 	 
	 	 	(vi) 	
      The grant of an Option shall not affect in any way the
      right or power of the Company to make adjustments, reclassifications,
      reorganizations or changes of its capital or business structure, to merge,
      consolidate or dissolve, to liquidate or to sell or transfer all or any
      part of its business or assets.

	6. 	EFFECTIVE DATE; SHAREHOLDER
      APPROVAL 

6.1         
Incentive Stock Options may be granted by the Plan Administrator from time to
time on or after the date on which this Plan is adopted (the “Effective Date”)
through the day immediately preceding the tenth anniversary of the Effective
Date.

6.2         
Non-Qualified Stock Options may be granted by the Plan Administrator on or after
the Effective Date and until this Plan is terminated by the Board in its sole
discretion.

6.3         
Termination of this Plan shall not terminate any Option granted prior to such
termination.

6.4          The
approval of Disinterested Shareholders will be obtained for any reduction in the
exercise price of Options if the Optionee is an Insider of the Company at the
time of the proposed amendment. The terms “Disinterested Shareholder” and
“Insider” shall have the meanings as defined for those terms in the Applicable
Laws.

6.5          Any
Options granted by the Plan Administrator prior to the approval of this Plan by
the shareholders of the Company shall be granted subject to ratification of this
Plan by the shareholders of the Company within twelve (12) months before or
after the Effective Date. If such shareholder ratification is sought and not
obtained, all Options granted prior thereto and thereafter shall be considered
Non-Qualified Stock Options and any Options granted to Covered Employees will
not be eligible for the exclusion set forth in Section 162(m) of the Code with
respect to the deductibility by the Company of certain compensation. In
addition, any such Options will remain unvested unless and until shareholder
approval is obtained.

	7. 	NO OBLIGATIONS TO EXERCISE OPTION
    

7.1          The
grant of an Option shall impose no obligation upon the Optionee to exercise such
Option.

- 13 -

	8. 	NO RIGHT TO OPTIONS OR TO
      EMPLOYMENT 

8.1         
Whether or not any Options are to be granted under this Plan shall be
exclusively within the discretion of the Plan Administrator, and nothing
contained in this Plan shall be construed as giving any person any right to
participate under this Plan.

8.2          The
grant of an Option shall in no way constitute any form of agreement or
understanding binding on the Company or any Related Company, express or implied,
that the Company or any Related Company will employ or contract with an Optionee
for any length of time, nor shall it interfere in any way with the Company’s or,
where applicable, a Related Company’s right to terminate Optionee’s employment
at any time, which right is hereby reserved.

	9. 	APPLICATION OF FUNDS
  

9.1          The
proceeds received by the Company from the sale of Common Stock issued upon the
exercise of Options shall be used for general corporate purposes, unless
otherwise directed by the Board.

	10. 	INDEMNIFICATION OF PLAN
      ADMINISTRATOR 

10.1          In
addition to all other rights of indemnification they may have as members of the
Board, members of the Plan Administrator shall be indemnified by the Company for
all reasonable expenses and liabilities of any type or nature, including
attorneys’ fees, incurred in connection with any action, suit or proceeding to
which they or any of them are a party by reason of, or in connection with, this
Plan or any Option granted under this Plan, and against all amounts paid by them
in settlement thereof (provided that such settlement is approved by independent
legal counsel selected by the Company), except to the extent that such expenses
relate to matters for which it is adjudged that such Plan Administrator member
is liable for willful misconduct; provided, that within fifteen (15) days after
the institution of any such action, suit or proceeding, the Plan Administrator
member involved therein shall, in writing, notify the Company of such action,
suit or proceeding, so that the Company may have the opportunity to make
appropriate arrangements to prosecute or defend the same.

	11. 	AMENDMENT OF PLAN

11.1          The
Plan Administrator may, subject to Applicable Laws, at any time, modify, amend
or terminate this Plan or modify or amend Options granted under this Plan,
including, without limitation, such modifications or amendments as are necessary
to maintain compliance with applicable statutes, rules or regulations;
provided however that:

	 	(a) 	
      no amendment with respect to an outstanding Option which
      has the effect of reducing the benefits afforded to the Holder thereof
      shall be made over the objection of such Holder;

	 	 	 
	 	(b) 	
      the events triggering acceleration of vesting of
      outstanding Options may be modified, expanded or eliminated without the
      consent of Holders;

	 	 	 
	 	(c) 	
      the Plan Administrator may condition the effectiveness of
      any such amendment on the receipt of shareholder approval at such time and
      in such manner as the Plan Administrator may consider necessary for the
      Company to comply with or to avail the Company and/or the Optionees of the
      benefits of any securities, tax, market listing or other administrative or
      regulatory requirement; and

- 14 -

	 	(d) 	
      the Plan Administrator may not increase the number of
      shares available for issuance on the exercise of Incentive Stock Options
      without shareholder approval.

11.2          Without
limiting the generality of Section 11.1 hereof, the Plan Administrator may
modify grants to persons who are eligible to receive Options under this Plan who
are foreign nationals or employed outside Canada and the United States to
recognize differences in local law, tax policy or custom.

Effective Date: July 27, 2010Kore Nutrition Incorporated: Exhibit 10.7 - Filed by newsfilecorp.com

THESE SECURITIES HAVE NOT BEEN REGISTERED WITH THE SECURITIES
AND EXCHANGE COMMISSION OR THE SECURITIES COMMISSION OF ANY STATE AND HAVE BEEN
ISSUED IN RELIANCE UPON AN EXEMPTION FROM REGISTRATION UNDER THE SECURITIES ACT
OF 1933, AS AMENDED (THE “1933 ACT”), AND, ACCORDINGLY, MAY NOT BE OFFERED OR
SOLD EXCEPT PURSUANT TO AN EFFECTIVE REGISTRATION STATEMENT UNDER THE SECURITIES
ACT OR PURSUANT TO AN AVAILABLE EXEMPTION FROM, OR IN A TRANSACTION NOT SUBJECT
TO, THE REGISTRATION REQUIREMENTS OF THE SECURITIES ACT AND IN ACCORDANCE WITH
APPLICABLE STATE SECURITIES LAWS.

STOCK OPTION AGREEMENT 
(U.S. Persons)

This AGREEMENT is entered into as of the _____ day of
______________ , 20_____ (the “Date of Grant”).

BETWEEN:

KORE NUTRITION INCORPORATED, a
company incorporated pursuant to the laws of the 
State of Nevada, with an
office at 2831 St. Rose Parkway, Suite 330, Henderson, NV 89052

(the “Company”)

AND:

<>, a businessman with an
address at <> 

(the “Optionee”) WHEREAS:

A.               
The Company’s board of directors (the “Board”) has approved and adopted a Stock
Option Plan (the “Plan”), whereby the Board is authorized to grant stock options
to purchase shares of common stock of the Company to the directors, officers,
employees and consultants of the Company and its subsidiaries; 

B.               
The Optionee is a director, officer, employee or consultant of the Company or
subsidiary of the Company; and

C.               
The Company wishes to grant stock options to purchase a total of
<>[INSERT NUMBER OF OPTIONS] Optioned Shares (as defined herein) to
the Optionee, as follows:

______________ Incentive Stock
Options

______________ Non Qualified Stock
Options

NOW THEREFORE THIS AGREEMENT WITNESSES that in consideration of
the covenants and agreements set forth herein and for other good and valuable
consideration, the receipt and sufficiency of which is hereby acknowledged, the
parties hereto agree as follows:

	1. 	
      DEFINITIONS

	 	 
	1.1 	
      In this Agreement, the following terms shall have the
      following meanings:

	 	(a) 	
      “Common Stock” means the shares of common stock of
      the Company;

	 	 	 
	 	(b) 	
      “Exercise Price” means $<>[insert
      price];

	 	 	 
	 	(c) 	
      “Expiry Date” means <>[insert
      date];

2

	 	(d) 	
      “Notice of Exercise” means a notice in writing
      addressed to the Company at its address first recited hereto (or such
      other address of which the Company may from time to time notify the
      Optionee in writing), substantially in the form attached as Schedule “B”
      hereto, which notice shall specify therein the number of Optioned Shares
      in respect of which the Options are being exercised;

	 	 	 
	 	(e) 	
      “Options” means the irrevocable right and option
      to purchase, from time to time, all, or any part of the Optioned Shares
      granted to the Optionee by the Company pursuant to Section 2.1 of this
      Agreement;

	 	 	 
	 	(f) 	
      “Optioned Shares” means the shares of Common Stock
      that are issued pursuant to the exercise of the Options;

	 	 	 
	 	(g) 	
      “Securities” means, collectively, the Options and
      the Optioned Shares;

	 	 	 
	 	(h) 	
      “Shareholders” means holders of record of the
      shares of Common Stock;

	 	 	 
	 	(i) 	
      “U.S. Person” shall have the meaning ascribed
      thereto in Regulation S under the 1933 Act, and for the purpose of the
      Agreement includes any person in the United States; and

	 	 	 
	 	(j) 	
      “Vested Options” means the Options that have
      vested in accordance with Section 2.2 of this
Agreement.

1.2               
Capitalized terms not otherwise defined herein shall have the meanings ascribed
thereto in the Plan.

2.                 
THE OPTIONS

2.1               
The Company hereby grants to the Optionee, on the terms and conditions set out
in this Agreement and in the Plan, Options to purchase a total of <>
Optioned Shares at the Exercise Price.

2.2               
The Options will vest in accordance with Schedule “A” to this Agreement. The
Options may be exercised immediately after vesting.

2.3               
The Options shall, at 5:00 p.m. (Pacific time) on the Expiry Date, expire and be
of no further force or effect whatsoever.

2.4               
The Company shall not be obligated to cause the issuance, transfer or delivery
of a certificate or certificates representing Optioned Shares to the Optionee,
until provision has been made by the Optionee, to the satisfaction of the
Company, for the payment of the aggregate Exercise Price for all Optioned Shares
for which the Options shall have been exercised, and for satisfaction of any tax
withholding obligations associated with such exercise.

2.5               
The Optionee shall have no rights whatsoever as a shareholder in respect of any
of the Optioned Shares (including any right to receive dividends or other
distribution therefrom or thereon) except in respect of which the Options have
been properly exercised in accordance with the terms of this Agreement.

2.6               
The Options will terminate in accordance with the provisions of the Plan.

2.7               
Subject to the provisions of this Agreement and the Plan and subject to
compliance with any applicable securities laws, the Options shall be
exercisable, in full or in part, at any time after vesting, until termination;
provided, however, that if the Optionee is subject to the reporting and
liability provisions of Section 16 of the Securities Exchange Act of
1934, as amended, with respect to the Common Stock, the Optionee shall be
precluded from selling, transferring or otherwise disposing of any Common Stock
underlying any of the Options during the six months immediately following the
grant of the Options. If less than all of the shares included in the vested
portion of any Options are purchased, the remainder may be purchased at any
subsequent time prior to the Expiry Date. Only whole shares may be issued
pursuant to the exercise of any Options, and to the extent that any Option
covers less than one (1) share, it is not exercisable.

2.8               
Each exercise of the Options shall be by means of delivery of a Notice of
Exercise (which may be in the form attached hereto as Schedule “B”) to the
President of the Company at its principal executive office, specifying the
number of Optioned Shares to be purchased and accompanied by payment in cash by
certified check or cashier’s check in the amount of the full Exercise Price for
the Common Stock to be purchased. In addition to payment in cash by certified

3

check or cashier’s check and if agreed to in advance by the
Company, an Optionee or transferee of the Options may pay for all or any portion
of the aggregate Exercise Price by complying with one or more of the following
alternatives:

	 	(a) 	
      by delivering a properly executed Notice of Exercise
      together with irrevocable instructions to a broker promptly to sell or
      margin a sufficient portion of the Common Stock and deliver directly to
      the Company the amount of sale or margin loan proceeds to pay the Exercise
      Price; or

	 	 	 
	 	(b) 	
      by complying with any other payment mechanism approved by
      the Board at the time of exercise.

2.9               
It is a condition precedent to the issuance of Optioned Shares that the Optionee
execute and/or deliver to the Company all documents and withholding taxes
required in accordance with applicable laws.

2.10             
Nothing in this Agreement shall obligate the Optionee to purchase any Optioned
Shares except those Optioned Shares in respect of which the Optionee shall have
exercised the Options in the manner provided in this Agreement or the Plan.

2.11             
Reference is made to the Plan for particulars of the rights and obligations of
the Optionee and the Company in respect of:

	 	(a) 	
      the terms and conditions on which the Options are
      granted; and,

	 	 	 
	 	(b) 	
      a consolidation or subdivision of the Company’s share
      capital or an amalgamation or merger;

all to the same effect as if the provisions of the Plan were
set out in this Agreement and to all of which the Optionee assents.

2.12              The
terms of the Options are subject to the provisions of the Plan, as the same may
from time to time be amended, and any inconsistencies between this Agreement and
the Plan, as the same may be from time to time amended, shall be governed by the
provisions of the Plan.

2.13              By
accepting the Options, the Optionee represents and agrees that none of the
Optioned Shares purchased upon exercise of the Options will be distributed in
violation of applicable federal and state laws and regulations. The Optionee
further represents and agrees to provide the Company with any other document
reasonably requested by the Company or the Company’s Counsel.

3.                 
DOCUMENTS REQUIRED FROM OPTIONEE

3.1               
The Optionee must complete, sign and return an executed copy of this Agreement
to the Company.

3.2               
The Optionee shall complete, sign and return to the Company as soon as possible,
on request by the Company, any documents, questionnaires, notices and
undertakings as may be required by regulatory authorities, and applicable
law.

4.                 
HOLDING PERIOD FOR INCENTIVE STOCK OPTIONS

In order to obtain the tax treatment provided for Incentive
Stock Options by Section 422 of the Code, the Optioned Shares received upon
exercising any Incentive Stock Options received pursuant to this Agreement must
be sold, if at all, after a date which is later of two (2) years from the date
of this agreement is entered into or one year from the date upon which the
Options are exercised. The Optionee agrees to report sales of shares prior to
the above determined date to the Company within one (1) business day after such
sale is concluded. The Optionee also agrees to pay to the Company, within five
(5) business days after such sale is concluded, the amount necessary for the
Company to satisfy its withholding requirement required by the Code. Nothing in
this Section 4 is intended as a representation that Common Stock may be sold
without registration under state and federal securities laws or an exemption
therefrom or that such registration or exemption will be available at any
specified time.

4

5.                 
SUBJECT TO STOCK OPTION PLAN

The terms of the Options will be subject to the Plan, as may
from time to time be amended, and any inconsistencies between this Agreement and
the Plan, as the same may be from time to time amended, shall be governed by the
provisions of the Plan. A copy of the Plan will be delivered to the Optionee,
and will be available for inspection at the principal offices of the
Company.

6.                 
ACKNOWLEDGEMENTS OF THE OPTIONEE

6.1               
The Optionee acknowledges and agrees that:

	 	(a) 	
      the Securities have not been registered under the 1933
      Act or under any state securities or “blue sky” laws of any state of the
      United States, and are being offered only in a transaction not involving
      any public offering within the meaning of the 1933 Act, and, unless so
      registered, may not be offered or sold in the United States or to U.S.
      Persons, except pursuant to an effective registration statement under the
      1933 Act, or pursuant to an exemption from, or in a transaction not
      subject to, the registration requirements of the 1933 Act, and in each
      case only in accordance with applicable state securities laws;

	 	 	 
	 	(b) 	
      the Company will refuse to register any transfer of the
      Securities not made in accordance with the provisions of Regulation S,
      pursuant to an effective registration statement under the 1933 Act or
      pursuant to an available exemption from, or in a transaction not subject
      to, the registration requirements of the 1933 Act;

	 	 	 
	 	(c) 	
      the decision to execute this Agreement and acquire the
      Securities hereunder has not been based upon any oral or written
      representation as to fact or otherwise made by or on behalf of the Company
      and such decision is based solely upon a review of publicly available
      information regarding the Company that is available on the website of the
      United States Securities and Exchange Commission (the “SEC”) at
      www.sec.gov (the “Company Information”);

	 	 	 
	 	(d) 	
      the Company and others are entitled to rely upon the
      truth and accuracy of the acknowledgements, representations, warranties,
      covenants and agreements contained in this Agreement and agrees that if
      any of such acknowledgements, representations and agreements are no longer
      accurate or have been breached, the Optionee shall promptly notify the
      Company, and the Optionee will hold harmless the Company from any loss or
      damage it may suffer as a result of the Optionee’s failure to correctly
      complete this Agreement;

	 	 	 
	 	(e) 	
      the Optionee has been advised to consult its own legal,
      tax and other advisors with respect to the merits and risks regarding the
      exercise of the Options and the issuance of the Optioned Shares and with
      respect to applicable resale restrictions and it is solely responsible
      (and the Company is in not any way responsible) for compliance with
      applicable resale restrictions;

	 	 	 
	 	(f) 	
      the Securities are not listed on any stock exchange or
      automated dealer quotation system and no representation has been made to
      the Optionee that any of the Securities will become listed on any stock
      exchange or automated dealer quotation system, except that currently
      certain market makers make market in the shares of the Company’s common
      stock on the OTC Bulletin Board;

	 	 	 
	 	(g) 	
      neither the SEC nor any other securities commission or
      similar regulatory authority has reviewed or passed on the merits of the
      Securities;

	 	 	 
	 	(h) 	
      no documents in connection with this Agreement have been
      reviewed by the SEC or any state securities administrators;

	 	 	 
	 	(i) 	
      there is no government or other insurance covering any of
      the Securities; and

	 	 	 
	 	(j) 	
      this Agreement is not enforceable by the Optionee unless
      it has been accepted by the Company.

5

7.                 
REPRESENTATIONS, WARRANTIES AND COVENANTS OF THE OPTIONEE

The Optionee hereby represents and warrants to and covenants
with the Company (which representations, warranties and covenants shall survive
the closing) that:

	 	(a) 	
      the Optionee is a director, officer, employee or
      consultant of the Company or subsidiary of the Company;

	 	 	 	 
	 	(b) 	
      if the Optionee is an employee or consultant of the
      Company or subsidiary of the Company, the Optionee is a bona fide employee
      or consultant of the Company or subsidiary of the Company;

	 	 	 	 
	 	(c) 	
      the Optionee is a U.S. Person;

	 	 	 	 
	 	(d) 	
      the Optionee has received and carefully read this
      Agreement;

	 	 	 	 
	 	(e) 	
      the Optionee has the legal capacity and competence to
      enter into and execute this Agreement and to take all actions required
      pursuant hereto and, if the Optionee is a corporation, it is duly
      incorporated and validly subsisting under the laws of its jurisdiction of
      incorporation and all necessary approvals by its directors, shareholders
      and others have been obtained to authorize execution and performance of
      this Agreement on behalf of the Optionee;

	 	 	 	 
	 	(f) 	
      the Optionee:

	 	 	 	 
	 		(i) 	
      has adequate net worth and means of providing for its
      current financial needs and possible personal contingencies,

	 	 	 	 
	 		(ii) 	
      has no need for liquidity in this investment,
  and

	 	 	 	 
	 		(iii) 	
      is able to bear the economic risks of an investment in
      the Securities for an indefinite period of time, and can afford the
      complete loss of such investment;

	 	 	 	 
	 	(g) 	
      the Optionee has the requisite knowledge and experience
      in financial and business matters as to be capable of evaluating the
      merits and risks of the investment in the Securities and the Company, and
      the Optionee is providing evidence of such knowledge and experience in
      these matters through the information requested in this
  Agreement;

	 	 	 	 
	 	(h) 	
      the Optionee is aware that an investment in the Company
      is speculative and involves certain risks, including the possible loss of
      the investment;

	 	 	 	 
	 	(i) 	
      the entering into of this Agreement and the transactions
      contemplated hereby do not result in the violation of any of the terms and
      provisions of any law applicable to, or, if applicable, the constating
      documents of, the Optionee, or of any agreement, written or oral, to which
      the Optionee may be a party or by which the Optionee is or may be
      bound;

	 	 	 	 
	 	(j) 	
      the Optionee has duly executed and delivered this
      Agreement and it constitutes a valid and binding agreement of the Optionee
      enforceable against the Optionee;

	 	 	 	 
	 	(k) 	
      the Optionee is purchasing the Securities for its own
      account for investment purposes only and not for the account of any other
      person and not for distribution, assignment or resale to others, and no
      other person has a direct or indirect beneficial interest is such
      Securities, and the Optionee has not subdivided his interest in the
      Securities with any other person;

	 	 	 	 
	 	(l) 	
      the Optionee is not an underwriter of, or dealer in, the
      shares of the Company’s common stock, nor is the Optionee participating,
      pursuant to a contractual agreement or otherwise, in the distribution of
      the Securities;

	 	 	 	 
	 	(m) 	
      the Optionee has made an independent examination and
      investigation of an investment in the Securities and the Company and has
      depended on the advice of its legal and financial advisors and agrees that
      the

6

	 		
      Company will not be responsible in anyway whatsoever for
      the Optionee’s decision to acquire the Securities;

	 	 	 	 
	 	(n) 	
      if the Optionee is acquiring the Securities as a
      fiduciary or agent for one or more investor accounts, the Optionee has
      sole investment discretion with respect to each such account, and the
      Optionee has full power to make the foregoing acknowledgements,
      representations and agreements on behalf of such account;

	 	 	 	 
	 	(o) 	
      the Optionee is not aware of any advertisement of any of
      the Securities and is not acquiring the Securities as a result of any form
      of general solicitation or general advertising including advertisements,
      articles, notices or other communications published in any newspaper,
      magazine or similar media or broadcast over radio or television, or any
      seminar or meeting whose attendees have been invited by general
      solicitation or general advertising; and,

	 	 	 	 
	 	(p) 	
      no person has made to the Optionee any written or oral
      representations:

	 	 	 	 
	 		(i) 	
      that any person will resell or repurchase any of the
      Securities,

	 	 	 	 
	 		(ii) 	
      that any person will refund the purchase price of any of
      the Securities,

	 	 	 	 
	 		(iii) 	
      as to the future price or value of any of the Securities,
      or

	 	 	 	 
	 		(iv) 	
      that any of the Securities will be listed and posted for
      trading on any stock exchange or automated dealer quotation system or that
      application has been made to list and post any of the Securities of the
      Company on any stock exchange or automated dealer quotation system, except
      that currently certain market makers make market in the shares of the
      Company’s common stock on the OTC Bulletin Board.

8.                 
PROFESSIONAL ADVICE

The acceptance of the Options and the sale of Common Stock
issued pursuant to the exercise of Options may have consequences under federal
and state tax and securities laws which may vary depending upon the individual
circumstances of the Optionee. Accordingly, the Optionee acknowledges that he or
she has been advised to consult his or her personal legal and tax advisor in
connection with this Agreement and his or her dealings with respect to Options.
Without limiting other matters to be considered with the assistance of the
Optionee’s professional advisors, the Optionee should consider: (a) whether upon
the exercise of Options, the Optionee will file an election with the Internal
Revenue Service pursuant to Section 83(b) of the Code and the implications of
alternative minimum tax pursuant to the Code; (b) the merits and risks of an
investment in the underlying Optioned Shares; and (c) any resale restrictions
that might apply under applicable securities laws.

9.                 
LEGENDING OF SUBJECT SECURITIES

9.1               
The Optionee hereby acknowledges that that upon the issuance thereof, and until
such time as the same is no longer required under the applicable securities laws
and regulations, the certificates representing any of the Securities will bear a
legend in substantially the following form:

	   	
      THESE SECURITIES HAVE NOT BEEN REGISTERED WITH THE
      SECURITIES AND EXCHANGE COMMISSION OR THE SECURITIES COMMISSION OF ANY
      STATE AND HAVE BEEN ISSUED IN RELIANCE UPON AN EXEMPTION FROM REGISTRATION
      UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE “1933 ACT”), AND,
      ACCORDINGLY, MAY NOT BE OFFERED OR SOLD EXCEPT PURSUANT TO AN EFFECTIVE
      REGISTRATION STATEMENT UNDER THE SECURITIES ACT OR PURSUANT TO AN
      AVAILABLE EXEMPTION FROM, OR IN A TRANSACTION NOT SUBJECT TO, THE
      REGISTRATION REQUIREMENTS OF THE SECURITIES ACT AND IN ACCORDANCE WITH
      APPLICABLE STATE SECURITIES LAWS. 
	  

9.2               
The Optionee hereby acknowledges and agrees to the Company making a notation on
its records or giving instructions to the registrar and transfer agent of the
Company in order to implement the restrictions on transfer set forth and
described in this Agreement.

7

10.                 
RESALE RESTRICTIONS

10.1               
Resale restrictions may apply. Any resale of the Optioned Shares received upon
exercising any Options will be subject to resale restrictions contained in the
securities legislation applicable to the Optionee. The Optionee acknowledges and
agrees that the Optionee is solely responsible (and the Company is not in any
way responsible) for compliance with applicable resale restrictions.

10.2               
The Optionee acknowledges that in addition to resale restrictions imposed under
U.S. securities laws, there are additional restrictions on the Optionee’s
ability to resell the Optioned Shares in Canada and the Optioned Shares may not
be traded in Canada except as permitted by the applicable provincial securities
laws and the rules made thereunder.

10.3               
Pursuant to British Columbia Instrument 51-509 – Issuers Quoted in the U.S.
Over–the-Counter Markets (“BCI 51-509”), as adopted by the BCSC, any resale
or subsequent trade of any of the Optioned Shares in or from British Columbia
will be a distribution subject to the prospectus and registration requirements
of applicable Canadian securities legislation (including the British Columbia
Securities Act) unless certain conditions are met, which conditions include,
among others, a requirement that any certificate representing the Optioned
Shares (or ownership statement issued under a direct registration system or
other book entry system) bear the restrictive legend (the “BC Legend”) specified
in BCI 51-509.

10.4               
The Optionee represents and warrants that the Optionee is not a resident of
British Columbia and undertakes not to trade or resell any of the Optioned
Shares in or from British Columbia unless the trade or resale is made in
accordance with BCI 51.509. The Optionee understands and agrees that the Company
and others will rely upon the truth and accuracy of these representations and
warranties made in this Section 10, and agrees that if such representations and
warranties are no longer accurate or have been breached, the Optionee shall
immediately notify the Company.

10.5               
By executing and delivering this Agreement and as a consequence of the
representations and warranties made by the Optionee in this Section 10, the
Optionee will have directed the Company not to include the BC Legend on any
certificates representing the Optioned Shares to be issued to the Optionee. As a
consequence, the Optionee will not be able to rely on the resale provisions of
BCI 51-509, and any subsequent trade in any of the Optioned Shares in or from
British Columbia will be a distribution subject to the prospectus and
registration requirements of the British Columbia Securities Act.

10.6               
If the Optionee wishes to trade or resell any of the Optioned Shares in or from
British Columbia, the Optionee agrees and undertakes to return, prior to any
such trade or resale, any certificate representing the Optioned Shares to the
Company’s transfer agent to have the BC Legend imprinted on such certificate or
to instruct the Company’s transfer agent to include the BC Legend on any
ownership statement issued under a direct registration system or other book
entry system.

11.                 
NO EMPLOYMENT RELATIONSHIP

The grant of an Option shall in no way constitute any form of
agreement or understanding binding on the Company or any related company,
express or implied, that the Company or any related company will employ or
contract with an Optionee, for any length of time, nor shall it interfere in any
way with the Company’s or, where applicable, a related company’s right to
terminate Optionee’s employment at any time, which right is hereby reserved.

12.                 
GOVERNING LAW

This Agreement is governed by the laws of the Province of
British Columbia.

13.                 
COSTS

The Optionee acknowledges and agrees that all costs and
expenses incurred by the Optionee (including any fees and disbursements of any
special counsel retained by the Optionee) relating to the acquisition of the
Securities shall be borne by the Optionee.

8

14.                
 SURVIVAL

This Agreement, including without limitation the
representations, warranties and covenants contained herein, shall survive and
continue in full force and effect and be binding upon the parties hereto
notwithstanding the completion of the purchase of the shares underlying the
Options by the Optionee pursuant hereto.

15.                 
ASSIGNMENT

This Agreement is not transferable or assignable.

16.                 
CURRENCY

Unless explicitly stated otherwise, all funds in this Agreement
are stated in United States dollars.

17.                 
SEVERABILITY

The invalidity or unenforceability of any particular provision
of this Agreement shall not affect or limit the validity or enforceability of
the remaining provisions of this Agreement.

18.                 
COUNTERPARTS AND ELECTRONIC MEANS

This Agreement may be executed in several counterparts, each of
which will be deemed to be an original and all of which will together constitute
one and the same instrument. Delivery of an executed copy of this Agreement by
electronic facsimile transmission or other means of electronic communication
capable of producing a printed copy will be deemed to be execution and delivery
of this Agreement as of the date first above written.

19.                 
ENTIRE AGREEMENT

This Agreement is the only agreement between the Optionee and
the Company with respect to the Options, and this Agreement and the Plan, once
approved, supersede all prior and contemporaneous oral and written statements
and representations and contain the entire agreement between the parties with
respect to the Options.

IN WITNESS WHEREOF the parties hereto have duly executed
this Agreement as of the date first above written.

KORE NUTRITION INCORPORATED

	Per: 		 
	 	Authorized Signatory 	 

	WITNESSED BY: 	) 	 
	  	) 	 
	  	) 	 
	  	) 	 
	  	) 	 
	Name 	) 	 
	  	) 	 <>[NAME OF OPTIONEE]
    
	  	) 	 
	Address 	) 	 
	  	) 	 
	  	) 	 
	  	) 	 
	  	) 	 
	Occupation 	) 	 

SCHEDULE “A”

VESTING SCHEDULE

Incentive Stock Options

	Date 	Number of Options to Vest 
	 	 
	 	 
	 	 

Non Qualified Stock Options

	Date 	Number of Options to Vest 
	 	 
	 	 
	 	 

SCHEDULE “B” 
NOTICE OF EXERCISE

	TO: 	Kore Nutrition Incorporated 
	  	2831 St. Rose Parkway, Suite 330 
	  	Henderson, NV 89052 

This Notice of Exercise shall constitute a proper Notice of
Exercise pursuant to paragraph 1.1(d) of the Stock Option Agreement dated as of
____________________ (the “Agreement”), between Kore Nutrition Incorporated (the
“Company”) and the undersigned. The undersigned hereby elects to exercise
Optionee’s option to purchase  ____________________ shares of the common
stock of the Company at a price of US $__________ per share, for aggregate
consideration of US $____________ , on the terms and conditions set forth in the
Agreement. Such aggregate consideration, in the form specified in paragraph
1.1(d) of the Agreement, accompanies this notice.

The Optionee hereby represents and warrants to the Company that
all representations and warranties set out in the Agreement are true as of the
date of the exercise of the Options under the Agreement.

The Optionee hereby further represents and warrants to the
Company that the Stock is being purchased only for investment and without
intention to sell or distribute such shares.

The Optionee hereby directs the Company to issue, register and
deliver the certificates representing the shares as follows:

	Registration Information: 	 	Delivery Instructions: 
	 	 	 
	 	 	 
	Name to appear on
      certificates 	 	Name
  
	 	 	 
	 	 	 
	Address 	 	Address
    
	 	 	 
	 	 	 
	City, State, and Zip
      Code 	 	 
    
	 	 	 
	 	 	 
	  	 	Telephone Number 

DATED at _____________________________ , the _______ day of
______________, _______.

	 	X 
	 	Signature 
	 	 
	 	 
	 	(Name and, if applicable, Office) 
	 	 
	 	 
	 	(Address) 
	 	 
	 	 
	 	(City, State, and Zip Code) 
	 	 
	 	 
	 	Fax Number or E-mail Address

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00181-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00181-of-00352.parquet"}]]