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                                                                    EXHIBIT 10.1

                        PROGENICS PHARMACEUTICALS, INC.

                 AMENDED AND RESTATED 1996 STOCK INCENTIVE PLAN

                  (INCLUDING AMENDMENTS THROUGH JUNE 18, 2002)

1.       PURPOSE OF THE PLAN

         The purpose of the Progenics Pharmaceuticals, Inc. Amended and Restated
1996 Stock Incentive Plan is to promote the interests of the Company and its
shareholders by strengthening the Company's ability to attract, motivate and
retain employees, directors, advisors and consultants of the Company, and to
provide a means to encourage stock ownership and a proprietary interest in the
Company by the employees, directors consultants and advisors to the Company upon
whose judgment, initiative, and efforts the financial success and growth of the
business of the Company largely depend.

2.       DEFINITIONS

         (a)      "Award" means an award of an Option, Restricted Stock, Stock
Appreciation Right, Performance Award or Phantom Stock granted under the Plan.

         (b)      "Award Agreement" means an agreement entered into between the
Company and a Participant setting forth the terms and conditions of an Award
granted to a Participant.

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

         (d)      "Code" means the Internal Revenue Code of 1986, as amended.

         (e)      "Committee" means the Compensation Committee of the Board, or
such other members of the Board appointed by the Board to administer the Plan
from time to time.

         (f)      "Common Stock" means the $0.0013 par value common stock of the
Company.

         (g)      "Company" means Progenics Pharmaceuticals, Inc., a Delaware
corporation.

         (h)      "Date of Grant" means the date on which an Award under the
Plan is made by the Committee, or such later date as the Committee may specify
that the Award becomes effective.

         (i)      "Disability" means a "permanent and total disability" within
the meaning of Section 22(e)(3) of the Code.

         (j)      "Eligible Person" means an Employee, director, advisor or
consultant of the Company or any of its Subsidiaries, including all non employee
directors of the Company.

         (k)      "Employee" means any person who is an employee of the Company
or of any of its Subsidiaries.

         (l)      "Fair Market Value" means the last reported sales prices of
the Common Stock on the Nasdaq National Market on the date as of which fair
market value is to be determined or, in the absence of any reported sales of
Common Stock on such date, on the first preceding date on which any such sale
shall have been reported. If Common Stock is not listed on the Nasdaq National
Market on the date as of which fair market value is to be determined, the
Committee shall determine in good faith the fair market value in whatever manner
it considers appropriate.

         (m)      "Incentive Stock Option" means an option to purchase Common
Stock that is intended to qualify under section 422 of the Code and the Treasury
Regulations thereunder.

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         (n)      "Nonqualified Stock Option" means an option to purchase Common
Stock that is not an Incentive Stock Option.

         (o)      "Option" means an Incentive Stock Option or a Nonqualified
Stock Option granted under Section 6 hereof.

         (p)      "Participant" means any Eligible Person who has received an
Award under the Plan.

         (q)      "Phantom Stock" means an Award under Section 10 hereof
entitling a Participant to a payment at the end of a vesting period of a unit
value based on the Fair Market Value of a share of Common Stock.

         (r)      "Plan" means the Amended and Restated 1996 Stock Incentive
Plan as set forth herein, as it may be amended from time to time.

         (s)      "Performance Award" means an Award made under Section 9 hereof
entitling a Participant to a payment based on the value of Common Stock (a
"Performance Share") or based on specified dollar units (a "Performance Unit")
at the end of a performance period if certain conditions as may be established
by the Committee are satisfied.

         (t)      "Restricted Stock" means an Award under Section 8 hereof
entitling a Participant to shares of Common Stock that are nontransferable and
subject to forfeiture until specific conditions established by the Committee are
satisfied.

         (u)      "Stock Appreciation Right" or "SAR" means an Award under
Section 7 hereof entitling a Participant to receive an amount, representing the
difference between the base price per share of the right and the Fair Market
Value of a share of Common Stock on the date of exercise.

         (v)      "Subsidiary" means any affiliate of the Company, as determined
by the Committee from time to time; provided, however that with respect to
Incentive Stock Options, "Subsidiary" means a "subsidiary corporation" within
the meaning of section 424(f) of the Code.

3.       SHARES OF COMMON STOCK SUBJECT TO THE PLAN

         3.1.     Number of Shares. Subject to the following provisions of this
Section 3, the aggregate number of shares of Common Stock that may be issued or
transferred or exercised pursuant to Awards under the Plan is 5,000,000 shares
of Common Stock. The shares of Common Stock to be delivered under the Plan will
be made available, at the discretion of the Board or the Committee, either from
authorized but unissued shares of Common Stock or from shares of Common Stock
held in the Company's treasury. If any share of Common Stock that is the subject
of an Award is not issued or transferred and ceases to be issuable or
transferable for any reason, such share of Common Stock will no longer be
charged against such maximum share limitation and may again be made subject to
Awards under the Plan.

         3.2.     Adjustments. If there shall occur any recapitalization,
reclassification, stock dividend, stock split, reverse stock split or other
distribution with respect to the shares of Common Stock, or any similar
corporate transaction or event in respect of the Common Stock, then the
Committee shall, in the manner and to the extent that it deems appropriate and
equitable to the Participants and consistent with the terms of this Plan, cause
a proportionate adjustment to be made in (i) the maximum number and kind of
shares provided in Section 3.1 hereof, (ii) the number and kind of shares,
units, or other securities subject to the then outstanding Awards, and (iii) the
price for each share or unit or other right subject to then outstanding Awards
without change in the aggregate purchase price or value as to which such Awards
remain exercisable or subject to restrictions; (iv) the performance targets or
goals appropriate to any other outstanding Performance Awards, or (v) any other
terms that are affected by the event.

4.       ADMINISTRATION OF THE PLAN

         4.1.     Committee Members. The Plan will be administered by the
Committee which, to the extent deemed necessary or appropriate by the Board,
will consist of two or more persons who satisfy the requirements for a
"nonemployee director" under Rule 16b-3 promulgated under the Securities
Exchange Act of 1934. The Committee has and may exercise such powers and
authority of the Board as may be necessary or appropriate for the Committee to
carry out its functions as described in the Plan. No member of the Board nor the
Committee will be liable for any action or determination made in good faith by
the Board or the Committee with respect to the Plan or any Award under it.

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         4.2.     Discretionary Authority. Subject to the express limitation of
the Plan, the Committee has authority in its discretion to determine the
Eligible Persons to whom, and the time or times at which, Awards may be granted,
the number of shares, units or other rights subject to each Award, the exercise,
base or purchase price of an Award (if any), the time or times at which an Award
will become vested, exercisable or payable and the duration of the Award. The
Committee also has discretionary authority to interpret the Plan, to make all
factual determinations under the Plan, and to determine the terms and provisions
of the respective Award Agreements and to make all other determinations
necessary or advisable for Plan administration. The Committee has authority to
prescribe, amend, and rescind rules and regulations relating to the Plan. All
interpretations, determinations, and actions by the Committee will be final,
conclusive, and binding upon all parties. The Committee may delegate to the
officers of the Company the authority to award option grants under the Plan to
Eligible Persons, any such delegation to be subject to such restrictions or
limitations as the Committee may from time to time require.

         4.3.     Changes to Awards. The Committee shall have the authority to
effect, at any time and from time to time, with the consent of the affected
Participants, (i) the cancellation of any or all outstanding Awards and the
grant in substitution therefor of new Awards covering the same or different
numbers of shares of Common Stock and having an exercise or base price which may
be the same as or different than the exercise or base price of the cancelled
Awards or (ii) the amendment of the terms of any and all outstanding Awards. The
Committee may in its discretion accelerate the vesting or exercisability of an
Award at any time.

         4.4.     Delegation of Authority. The Committee shall have authority to
delegate to one or more officers of the Company designated by the Committee the
authority to grant Awards under the Plan, subject to such conditions,
limitations or restrictions as the Committee shall specify.

5.       ELIGIBILITY AND AWARDS

         All Eligible Persons are eligible to be designated by the Committee to
receive an Award under the Plan. The Committee has authority, in its sole
discretion, to determine and designate from time to time those Eligible Persons
who are to be granted Awards, and the type and amount of Award to be granted.
Each Award will be evidenced by an Award Agreement as described in Section 11
hereof between the Company and the Participant that may include any terms and
conditions consistent with the Plan as the Committee may determine.

6.       STOCK OPTIONS

         6.1.     Grant of Option; Exercise Price. An Option may be granted to
any Eligible Person selected by the Committee; provided, however, that only
Employees meeting the requirements of Treasury Regulation Section 1.421-7(h)
shall be eligible for Awards of Incentive Stock Options. Each Option shall be
designated, at the discretion of the Committee, as an Incentive Stock Option or
a Nonqualified Stock Option. The exercise price of the Option shall be
determined by the Committee; provided, however, that the exercise price of an
Incentive Stock Option shall not be less than 100 percent of the Fair Market
Value of the Common Stock subject to the Option on the Date of Grant.

         6.2.     Vesting; Term of Option. The Committee, in its sole
discretion, shall prescribe in the Award Agreement for a Participant the time or
times at which, or the conditions upon which, an Option or portion thereof shall
become vested and exercisable, and may accelerate the exercisability of any
Option at any time. An Option may become vested and exercisable upon a
Participant's retirement, death, Disability or other event to the extent
provided in an Award Agreement. The period during which a vested Option may be
exercised shall be ten years from the Date of Grant, unless a shorter exercise
period is specified by the Committee in an Award Agreement.

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         6.3.     Option Exercise; Withholding. An Option may be exercised in
whole or in part at any time, with respect to whole shares only, within the
period permitted for the exercise thereof, and shall be exercised by written
notice of intent to exercise the Option with respect to a specified number of
shares delivered to the Company at its principal office, and payment in full to
the Company at said office of the amount of the exercise price for the number of
shares of the Common Stock with respect to which the Option is then being
exercised. Payment of the exercise price shall be made (i) in cash or by cash
equivalent, (ii) at the discretion of the Committee, in Common Stock (not
subject to limitations on transfer) valued at the Fair Market Value of such
shares on the trading date immediately preceding the date of exercise or (iii)
at the discretion of the Committee, by a combination of such cash and such
Common Stock. In addition to and at the time of payment of the exercise price,
the Participant shall pay to the Company in cash or, at the discretion of the
Committee, in Common Stock the full amount of all applicable income tax and
employment tax amounts required to be withheld in connection with such exercise.

         6.4.     Limited Transferability. Solely to the extent permitted by the
Committee in an Award Agreement, a Nonqualified Stock Option (but not an
Incentive Stock Option) may be transferred to members of the Participant's
immediate family, charitable institutions, or trusts or partnerships whose
beneficiaries are any of the foregoing, and/or to such other persons or entities
as may be approved by the Committee, in each case subject to the condition that
the Committee be satisfied that such transfer is being made for estate or tax
planning purposes or for gratuitous or donative purposes, without consideration
(other than nominal consideration) being received therefor.

         6.5.     Additional Rules for Incentive Stock Options.

         (a) Annual Limits. No Incentive Stock Option shall be granted to a
Participant as a result of which the aggregate fair market value (determined as
of the Date of Grant) of the stock with respect to which incentive stock options
are exercisable for the first time in any calendar year under the Plan, and any
other stock option plans of the Company, any Subsidiary or any parent
corporation, would exceed $100,000, determined in accordance with section 422(d)
of the Code. This limitation shall be applied by taking options into account in
the order in which granted.

         (b) Termination of Employment. Any Incentive Stock Option granted under
the Plan shall be subject to such limitations on the period of exercise
following termination of employment, including such special rules relating to
death and Disability, as shall be determined by the Committee to be consistent
with section 422 of the Code and Treasury Regulations thereunder and set forth
in the applicable Award Agreement.

         (c) Ten-Percent Owners. Notwithstanding any other provisions of this
Plan to the contrary, in the case of an Incentive Stock Option granted to an
Employee who, at the time an Incentive Stock Options is granted, owns stock
possessing more than ten percent of the total combined voting power of all
classes of stock of the Company, its parent, if any, or any Subsidiary, as
determined under sections 422(b)(6) and 424(d) of the Code, (i) the period
during which any such Incentive Stock Option may be exercised shall not be
greater than five years from the Date of Grant and (ii) the exercise price of
such Incentive Stock Option shall not be less than 110 percent of the Fair
Market Value of a share of Common Stock on the Date of Grant.

         (d) Disqualifying Dispositions. If shares of Common Stock acquired by
exercise of an Incentive Stock Option are disposed of within two years following
the Date of Grant or one year following the transfer of such shares to the
Participant upon exercise, the Participant shall, promptly following such
disposition, notify the Company in writing of the date and terms of such
disposition and provide such other information regarding the disposition as the
Committee may reasonably require.

         (e) Other Terms and Conditions; Nontransferability. Any Incentive Stock
Option granted hereunder shall contain such additional terms and conditions, not
inconsistent with the terms of this Plan, as are deemed necessary or desirable
by the Committee, which terms, together with the terms of this Plan, shall be
intended and interpreted to cause such Incentive Stock Option to qualify as an
"incentive stock option" under Section 422 of the Code. Such terms shall include
limitations on the period of exercise of the Incentive Stock Option following
termination of employment consistent with Section 422 of the Code. An Incentive
Stock Option shall by its terms be nontransferable otherwise than by will or by
the laws of descent and distribution, and shall be exercisable, during the
lifetime of a Participant only by such Participant.

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7.       STOCK APPRECIATION RIGHTS

         7.1. Grant of SARs. A Stock Appreciation Right granted to a Participant
is an Award in the form of a right to receive, upon surrender of the right, but
without other payment, an amount based on appreciation in the value of the
Common Stock over a base price established for the Award, payable in cash,
Common Stock or such other form or combination of forms of payout, exercisable
at such time or times and upon conditions as may be approved by the Committee.

         7.2. Tandem SARs. A Stock Appreciation Right may be granted in
connection with an Option, either at the time of grant or at any time thereafter
during the term of the Option. An SAR granted in connection with an Option will
entitle the holder, upon exercise, to surrender such Option or any portion
thereof to the extent unexercised, with respect to the number of shares as to
which such SAR is exercised, and to receive payment of an amount computed as
described below. Such Option will, to the extent and when surrendered, cease to
be exercisable. An SAR granted in connection with an Option hereunder will be
exercisable at such time or times, and only to the extent, that a related Option
is exercisable, and will expire no later than the related Option expires. Upon
the exercise of an SAR granted in connection with an Option, the holder will be
entitled to receive payment of an amount determined by multiplying: (i) the
difference between the exercise price of a share of Common Stock specified in
the related Option and the Fair Market Value of a share of Common Stock on the
date of exercise of such SAR, by (ii) the number of shares as to which such SAR
will have been exercised.

         7.3. Freestanding SARs. A Stock Appreciation Right may be granted
without relationship to an Option and, in such case, will be exercisable as
determined by the Committee, but in no event after 10 years from the Date of
Grant. The base price of an SAR granted without relationship to an Option shall
be determined by the Committee in its sole discretion. An SAR granted without
relationship to an Option will entitle the holder, upon exercise of the SAR, to
receive payment of an amount determined by multiplying: (i) the difference
between the base price of the SAR and the Fair Market Value of a share of Common
Stock on the date of exercise of such SAR, by (ii) the number of shares as to
which such SAR will have been exercised.

         7.4. Payment of SARs. Payment of the amount determined under Section
7.2 or 7.3 hereof may be made, in the discretion of the Committee, in cash, in
shares of Common Stock valued at their Fair Market Value on the date of exercise
or in a combination of cash and shares of Common Stock.

8.       RESTRICTED STOCK

         8.1. Grants of Restricted Stock. An award of Restricted Stock to a
Participant represents shares of Common Stock that are issued subject to
restrictions on transfer and such other restrictions on incidents of ownership
and forfeiture conditions as the Committee may determine. The restrictions
imposed upon Restricted Stock will lapse in accordance with a schedule or other
conditions as determined by the Committee. The Committee may, in connection with
an award of Restricted Stock, require the payment of a specified purchase price.

         8.2. Restrictions. Shares of Restricted Stock may not be transferred,
assigned or subject to any encumbrance, pledge or charge until all applicable
restrictions are removed or expire or unless otherwise allowed by the Committee.
The Committee may require the Participant to enter into an escrow agreement
providing that the certificates representing Restricted Stock granted or sold
pursuant to the Plan will remain in the physical custody of an escrow holder
until all restrictions are removed or expire. Each certificate representing
Restricted Stock granted pursuant to the Plan will bear a legend making
appropriate reference to the restrictions imposed. The Committee may impose such
conditions on any shares of Restricted Stock as it may deem advisable,
including, without limitation, restrictions under the Securities Act of 1933, as
amended, under the requirements of any stock exchange upon which such shares of
the same class are then listed, and under any blue sky or other securities laws
applicable to such shares.

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         8.3. Rights as Stockholder. Subject to the foregoing provisions of this
Section 8 and the applicable Award Agreement, Section 8.1 hereof, the holder
will have all rights of a shareholder with respect to shares of Restricted Stock
granted to him or her, including the right to vote the shares and receive all
dividends and other distributions paid or made with respect thereto, unless the
Committee determines otherwise at the time the Restricted Stock is granted.

         8.4. Section 83(b) Election. If a Participant makes an election
pursuant to section 83(b) of the Code, the Participant shall be required to
promptly file a copy of such election with the Company.

9.       PERFORMANCE AWARDS

         9.1. Grant of Performance Awards. The Committee may grant Performance
Awards, which shall be denominated on the Date of Grant either in shares of
Common Stock (Performance Shares) or in specified dollar units (Performance
Units). At the time of a Performance Award grant, the Committee shall determine,
in its sole discretion, one or more performance periods and performance goals to
be achieved during the applicable performance periods, as well as such other
restrictions and conditions as the Committee deems appropriate. In the case of
Performance Units, the Committee shall also determine a target unit value or a
range of unit values for each Award. No performance period shall exceed ten
years from the date of the grant. The performance goals applicable to a
Performance Award grant may be subject to such later revisions as the Committee
shall deem appropriate to reflect significant unforeseen events such as changes
in law, accounting practices or unusual or nonrecurring items or occurrences.

         9.2. Payment of Performance Awards. At the end of the performance
period, the Committee shall determine the extent to which performance goals have
been attained or a degree of achievement between maximum and minimum levels in
order to establish the level of payment to be made, if any, and shall determine
if payment is to be made in the form of cash or Common Stock (valued at its Fair
Market Value at the time of payment) or a combination of cash and Common Stock.
In the case of Performance Shares, the Committee may provide that during a
performance period a Participant shall be paid with respect to each Performance
Share a cash amount in the same amount and at the same time as a dividend is
paid on a share of Common Stock.

10.      PHANTOM STOCK

         10.1. Grant of Phantom Stock. Phantom Stock is an Award to a
Participant of a number of hypothetical share units with respect to shares of
Common Stock, with an initial value based on the Fair Market Value of the Common
Stock on the Date of Grant. Phantom Stock shall be subject to such restrictions
and conditions as the Committee shall determine. On the Date of Grant, the
Committee shall determine, in its sole discretion, the vesting period of the
Phantom Stock and the maximum value of the Phantom Stock, if any. No vesting
period shall exceed 10 years from the date of the grant.

         10.2. Payment of Phantom Stock. At the end of the vesting period
applicable to Phantom Stock granted to a Participant, a cash amount equivalent
in value to the Fair Market Value of one share of Common Stock on the last day
of the vesting period, subject to any maximum value determined by the Committee
at the time of grant, shall be paid with respect to each such Phantom Stock unit
to the Participant. The Committee may provide that during the vesting period a
Participant shall be paid with respect to each Phantom Stock unit, cash amounts
in the same amount and at the same time as a dividend on a share of Common
Stock.

11.      AWARD AGREEMENTS

         11.1. Form of Agreement. Each Award under this Plan shall be evidenced
by an Award Agreement in a form approved by the Committee setting forth the
number of shares of Common Stock, units or other rights (as applicable) subject
to the Award, the exercise, base or purchase price (if any) of the Award, the
time or times at which an Award will become vested, exercisable or payable, the
duration of the Award and, in the case of Performance Awards, the applicable
performance goals. The Award Agreement shall also set forth other material terms
and conditions applicable to the Award as determined by the Committee consistent
with the limitations of this Plan.

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         11.2. Termination of Employment. The Award Agreements may include
provisions describing the treatment of an Award in the event of the retirement,
disability, death or other termination of a Participant's employment with or
other services to the Company, including any provisions relating to the vesting,
exercisability, acceleration, forfeiture or cancellation of the Award in these
circumstances, including such provisions as required for Incentive Stock Options
pursuant to Section 6.4(b) thereof.

         11.3. Contract Rights. Any obligation of the Company to any Participant
with respect to an Award shall be based solely upon contractual obligations
created by this Plan and an Award Agreement. No Award shall be enforceable until
the Award Agreement or a receipt has been signed by the Participant and on
behalf of the Company by its authorized representative. By executing the Award
Agreement or receipt, a Participant shall be deemed to have accepted and
consented to the terms of this Plan and any action taken in good faith under
this Plan by and within the discretion of the Committee, the Board of Directors
of their delegates.

12.      EFFECTIVE DATE, TERMINATION AND AMENDMENT

         12.1. Effective Date. The Plan shall become effective on the date of
its adoption by the Board; provided, however, that no Incentive Stock Option
shall be exercisable by a Participant unless and until the Plan shall have been
approved by the stockholders of the Company, which approval shall be obtained
within 12 months before or after the adoption of the Plan by the Board.

         12.2. Termination. The Plan shall terminate on the date immediately
preceding the tenth anniversary of the earlier of the date the Plan is adopted
by the Board or the date the Plan is approved by the Company's stockholders. The
Board may, in its sole discretion and at any earlier date, terminate the Plan.
Notwithstanding the foregoing, no termination of the Plan shall in any manner
affect any Award theretofore granted without the consent of the Participant or
the permitted transferee of the Award.

         12.3. Amendment. The Board may at any time and from time to time and in
any respect, amend or modify the Plan; provided, however, that no amendment or
modification of the Plan shall in any manner affect any Award theretofore
granted without the consent of the Participant or the permitted transferee of
the Award.

13.      GENERAL PROVISIONS

         13.1. Assignment and Transfer. Except as provided in Section 6.3
hereof, Awards under the Plan shall not be assignable nor transferable, except
by will or by the laws of descent and distribution, and during the lifetime of a
Participant the Award shall be exercised only by such Participant or by his or
her guardian or legal representative.

         13.2. Rights as Stockholder. A Participant shall have no rights as a
holder of Common Stock with respect to any unissued securities covered by an
Award until the date the Participant becomes the holder of record of these
securities. Except as provided in Section 3.2 hereof, no adjustment or other
provision shall be made for dividends or other stockholder rights, except to the
extent that the Award Agreement provides for dividend payments or similar
economic benefits.

         13.3. Employment. Nothing in the Plan, in the grant of any Award or in
any Award Agreement shall confer upon any Eligible Person the right to continue
in the capacity in which he is employed by or otherwise serves the Company or
any Subsidiary.

         13.4. Securities Laws. No shares of Common Stock will be issued or
transferred pursuant to an Award unless and until all then applicable
requirements imposed by federal and state securities and other laws, rules and
regulations and by any regulatory agencies having jurisdiction, and by any stock
exchanges upon which the Common Stock may be listed, have been fully met. As a
condition precedent to the issuance of shares pursuant to the grant or exercise
of an Award, the Company may require the Participant to take any reasonable
action to meet such requirements.

         13.5. Tax Withholding. The Participant shall be responsible for payment
of any taxes or similar charges required by law to be withheld from an Award or
an amount paid in satisfaction of an Award and these obligations shall be paid
by the Participant on or prior to the payment of the Award. The Award Agreement
shall specify the manner in which the withholding obligation shall be satisfied
with respect to the particular type of Award.

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         13.6. Other Compensation and Benefit Plans. The adoption of the Plan
shall not affect any other stock incentive or other compensation plans in effect
for the Company or any Subsidiary, nor shall the Plan preclude the Company from
establishing any other forms of stock incentive or other compensation for
employees of the Company or any Subsidiary. The amount of any compensation
deemed to be received by Participant pursuant to an Award shall not constitute
compensation with respect to which any other employee benefits of such
Participant are determined, including, without limitation, benefits under any
bonus, pension, profit sharing, life insurance or salary continuation plan,
except as otherwise specifically provided by the terms of such plan.

         13.7. Plan Binding on Successors. The Plan shall be binding upon the
Company, its successors and assigns, and the Participant, his executor,
administrator and permitted transferees.

         13.8. Construction and Interpretation. Whenever used herein, nouns in
the singular shall include the plural, and the masculine pronoun shall include
the feminine gender. Headings of Articles and Sections hereof are inserted for
convenience and reference and constitute no part of the Plan.

         13.9. Severability. If any provision of the Plan or any Award Agreement
shall be determined to be illegal or unenforceable by any court of law in any
jurisdiction, the remaining provisions hereof and thereof shall be severable and
enforceable in accordance with their terms, and all provisions shall remain
enforceable in any other jurisdiction.

         13.10. Governing Law. The validity and construction of this Plan and of
the Award Agreements shall be governed by the laws of the State of Delaware.

                                       8Exhibit 4.1(iv)(a)
                                                              ------------------

                                ESCROW AGREEMENT
                                -----------------

AGREEMENT made this 3rd day of May, 2004 by Sunrise USA Incorporated, 3928
Bowdoin Street, DesMoines, Iowa 50313, (the "Issuer"), and Charles A. Koenig,
Attorney At Law, 326 South High Street, 3rd Floor, Columbus, Ohio 43215 (the
"Escrow Agent").

                              W I T N E S S E T H :

WHEREAS, the Issuer has filed with the Securities and Exchange Commission (the
"Commission") a registration statement (the "Registration Statement") covering a
proposed dividend distribution of its securities (collectively, the
"Securities," and individually, a "Share") as described on the Information
Sheet; and

WHEREAS, the Issuer proposes to distribute 10,615,724 shares of Securities,
consisting of Issuer's common stock (the "Dividend Securities") to it's
shareholders; and

WHEREAS, the Issuer proposes to establish an escrow account with the Escrow
Agent in connection with the distribution of the Dividend Securities and the
Escrow Agent is willing to establish such escrow account on the terms and
subject to the conditions hereinafter set forth;

NOW THEREFORE, in consideration of the premises and mutual covenants herein
contained, the parties hereto hereby agree as follows:

1      Establishment of Escrow.

1.1    The Issuer shall deliver the Dividend Securities directly to the Escrow
Agent promptly upon issuance (the "Deposited Securities"). The identity owner of
the Dividend Securities shall be included on the Common Stock certificates (the
"Owners").

1.2    The Deposited Securities shall be held for the sole benefit of the
Owners. No transfer or other disposition of Dividend Securities held pursuant to
this Escrow shall be permitted other than by will or the laws of descent and
distribution, or pursuant to a qualified domestic relations order as defined by
the Internal Revenue Code of 1986, as amended, or Title I of the Employee
Retirement Income Security Act, or the rules there under.

2      Disbursement from the Escrow.

2.1    The Deposited Securities shall be delivered to the Issuer for
distribution to the Owner or other registered holder only at the same time as or
after:

(a)    the Escrow Agent has received a signed representation from the Issuer,
together with an opinion of Issuer's counsel satisfactory to Escrow Agent, each
of which state that the following events have already occurred and the following
requirements have already been met:

<PAGE>

(1)    The Issuer or Issuer's affiliate has consummated an acquisition(s) of a
business(es) or assets that will constitute the business (or a line of business)
of the Issuer (the "Business Combination"), which agreement(s), and
(2)    The Issuer has filed with the Commission the information specified by the
Issuer's registration statement form and Industry Guides, including financial
statements of the Issuer and the company or business with which it has merged or
acquired (the "Target Company"), and pro forma financial information required by
the Commission and applicable rules and regulations.

2.2    Upon disbursement of the Deposited Securities pursuant to the terms of
this Section 2, the Escrow Agent shall be relieved of all further obligations
and released from all liability under this Agreement.

3      Rights, Duties and Responsibilities of Escrow Agent.

It is understood and agreed that the duties of the Escrow Agent are purely
ministerial in nature, and that:

3.1    The Escrow Agent shall not be responsible for the performance by the
Issuer of its obligations under this Agreement.

3.2    The Escrow Agent shall be entitled to rely upon the accuracy, act in
reliance upon the contents, and assume the genuineness of any notice,
instruction, certificate, signature instrument or other document which is given
to the Escrow Agent pursuant to this Agreement without the necessity of the
Escrow Agent verifying the truth or accuracy thereof. The Escrow Agent shall not
be obligated to make any inquiry as to the authority, capacity, existence or
identity of any person purporting to give any such notice or instructions or to
execute any such certificate, instrument or other document. The Escrow Agent
must, however, determine for himself whether the conditions permitting the
release of the Deposited Securities in the Escrow have been met.

3.3    In the event that the Escrow Agent shall be uncertain as to its duties or
rights hereunder or shall receive instructions with respect to the Escrow which,
in his sole determination, are in conflict either with other instructions
received by him or with any provision of this Agreement, the Escrow Agent, at
his sole option, may deposit the Deposited Securities with the registry of a
court of competent jurisdiction in a proceeding to which all parties in interest
are joined. Upon the deposit by the Escrow Agent of the Deposited Securities
with the registry of any court, the Escrow Agent shall be relieved of all
further obligations and released from all liability hereunder.

3.4    The Escrow Agent shall not be liable for any action taken or omitted
hereunder, or for the misconduct of any employee, agent or attorney appointed by
him, except in the case of willful misconduct. The Escrow Agent shall be
entitled to consult with counsel of his own choosing and shall not be liable for
any action taken, suffered or omitted by him in accordance with the advice of
such counsel.

<PAGE>

3.5    The Escrow Agent shall have no responsibility at any time to ascertain
whether or not any security interest exists in the Deposited Securities or any
part thereof or to file any financing statement under the Uniform Commercial
Code with respect to the Deposited Securities or any part thereof.

4      Amendment; Resignation.

This Agreement may be altered or amended only with the written consent of the
Issuer and the Escrow Agent. The Escrow Agent may resign for any reason upon
seven (7) business days written notice to the Issuer. Should the Escrow Agent
resign as herein provided, it shall not be required to accept any deposit, make
any disbursement or otherwise dispose of the Deposited Securities, but its only
duty shall be to hold the Deposited Securities for a period of not more than ten
(10) business days following the effective date of such resignation, at which
time

(a) if a successor escrow agent shall have been appointed and written notice
thereof (including the name and address of such successor escrow agent) shall
have been given to the resigning Escrow Agent by the Issuer and such successor
escrow agent, the resigning Escrow Agent shall deliver to the successor escrow
agent the Deposited Securities, or

(b) if the resigning Escrow Agent shall not have received written notice signed
by the Issuer and a successor escrow agent, then the resigning Escrow Agent
shall promptly deliver the Deposited Securities to the Issuer, and the resigning
Escrow Agent shall notify the Issuer in writing of its liquidation and
distribution of the Deposited Securities; whereupon, in either case, the Escrow
Agent shall be relieved of all further obligations and released from all
liability under this Agreement. Without limiting the provisions of Section 6
hereof, the resigning Escrow Agent shall be entitled to be reimbursed by the
Issuer for any expenses incurred in connection with its resignation, transfer of
the Deposited Securities to a successor Escrow Agent or distribution of the
Deposited Securities pursuant to this Section 4.

5      Representations and Warranties.

The Issuer hereby represents and warrants to the Escrow Agent that:

5.1    No party other than the parties hereto and the Owners have, or shall
have, any lien, claim or security interest in the Deposited Securities or any
part thereof.

5.2    No financing statement under the Uniform Commercial Code is on file in
any jurisdiction claiming a security interest in or describing (whether
specifically or generally) the Deposited Securities or any part thereof.

6      Fees and Expenses.

The Escrow Agent shall be entitled to a fee of $1,000.00 (the "Escrow Agent
Fee"), payable upon execution of this Agreement. In addition, the Issuer agrees

<PAGE>

to reimburse the Escrow Agent for any reasonable expenses incurred in connection
with this Agreement, including, but not limited to, reasonable counsel fees, but
not including the review of this Agreement.

7      Indemnification and Contribution.

7.1    The Issuer (referred to as the "Indemnitor") agrees to indemnify the
Escrow Agent and his employees, agents and affiliates (jointly and severally the
"Indemnitees") against, and hold them harmless of and from, any and all loss,
liability, cost, damage and expense, including, without limitation, reasonable
counsel fees, which the Indemnitees may suffer or incur by reason of any action,
claim or proceeding brought against the Indemnitees arising out of or relating
in any way to this Agreement or any transaction to which this Agreement relates,
unless such action, claim or proceeding is the result of the willful misconduct
of the Indemnitees.

7.2    If the indemnification provided for in this Section 7 is applicable, but
for any reasons held to be unavailable, the Indemnitor shall contribute such
amounts as are just and equitable to pay, or to reimburse the Indemnitees for,
the aggregate of any and all losses, liabilities, costs, damages and expenses,
including counsel fees, actually incurred by the Indemnitees as a result of or
in connection with, and any amount paid in settlement of any action, claim or
proceeding arising out of or relating in any way to any actions or omissions of
the Indemnitor.

7.3    Any Indemnitee which proposes to assert the right to be indemnified under
this Section 7, promptly after receipt of notice of commencement of any action,
suit or proceeding against such Indemnitee in respect of which a claim is to be
made against the Indemnitor under this Section 7, will notify the Indemnitor of
the commencement of such action, suit or proceeding, enclosing a copy of all
papers served, but the omission so to notify the Indemnitor of any such action,
suit or proceeding shall nor relieve the Indemnitor from any liability which
they may have to any Indemnitee otherwise than under this Section 7. In case any
such action, suit or proceeding shall be brought against any Indemnitee and it
shall notify the Indemnitor of the commencement thereof, the Indemnitor shall be
entitled to participate in and, to the extent that they shall wish, to assume
the defense thereof, with counsel satisfactory to such Indemnitee. The
Indemnitee shall have the right to employ its counsel in any such action, but
the fees and expenses of such counsel shall be at the expense of such Indemnitee
unless (i) the employment of counsel by such Indemnitee has been authorized by
the Indemnitor, (ii) the Indemnitee shall have concluded reasonably that there
may be a conflict of interest among the Indemnitor and the Indemnitee in the
conduct of the defense of such action (in which case the Indemnitor shall not
have the right to direct the defense of such action on behalf of the Indemnitee)
or (iii) the Indemnitor in fact shall not have employed counsel to assume the
defense of such action, in each of which cases the fees and expenses of counsel
shall be borne by the Indemnitor.

7.4    The Indemnitor agrees to provide the Indemnitees with copies of all
registration statements pre- and post-effective amendments to such registration

<PAGE>

statements including exhibits, whether filed with the SEC prior to or subsequent
to the disbursement of the Deposited Proceeds.

7.5    The provisions of this Section 7 shall survive any termination of this
Agreement, whether by disbursement of the Deposited Proceeds, resignation of the
Escrow Agent or otherwise.

8      Governing Law and Assignment.

This Agreement shall be construed in accordance with and governed by the laws of
the State of Ohio and shall be binding upon the parties hereto and their
respective successors and assigns; provided, however, that any assignment or
transfer by any party of its rights under this Agreement or with respect to the
Deposited Proceeds shall be void as against the Escrow Agent unless:

(a)    written notice thereof shall be given to the Escrow Agent; and

(b)    the Escrow Agent shall have consented in writing to such assignment or
transfer.

9      Notices.

All notices required to be given in connection with this Agreement shall be sent
by registered or certified mail, return receipt requested, or by hand delivery
with receipt acknowledged, or by the Express Mail service offered by the United
States Post Office, and addressed, if to the Issuer, at its address set forth
above, and if to the Escrow Agent, at his address set forth above, or to such
other address as either party provides to the other pursuant to the notification
process set forth herein.

10     Severability.

If any provision of this Agreement or the application thereof to any person or
circumstance shall be determined to be unpaid or unenforceable, the remaining
provisions of this Agreement or the application of such provision to persons or
circumstances other than those to which it is held invalid or unenforceable
shall not be affected thereby and shall be valid and enforceable to the fullest
extent permitted by law.

11     Pronouns.

All pronouns and any variations thereof shall be deemed to refer to the
masculine, feminine, neuter, singular, or plural as the context may require.

12     Captions.

All captions are for convenience only and shall not limit or define the term
thereof.

13     Execution in Several Counterparts.

<PAGE>

This Agreement may be executed in several counterparts or by separate
instruments and all of such counterparts and instruments shall constitute one
agreement, binding on all of the parties herein.

14     Entire Agreement.

This Agreement constitutes the entire agreement between the parties hereto with
respect to the subject matter hereof and supersedes all prior agreements and
understandings (written or oral) of the parties in connection herewith.

IN WITNESS WHEREOF, the undersigned have executed this Agreement as of the day
and year first above written.

ISSUER:
SUNRISE USA INCORPORATED

By: /s/ OMAR G. BARRIENTOS
                          ------------------------------------
                                            Title

ESCROW AGENT:
CHARLES A. KOENIG

/S/ CHARLES A. KOENIG
--------------------------------------------------------------
Signature

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