Document:

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                                                                  EXHIBIT 4.5

                             SHAREHOLDER'S AGREEMENT

        This Shareholder's Agreement, dated as of December 30, 1999, is by and
among Solutions America, Inc., a Delaware corporation (the "Company") and Marc
Overman (the "Shareholder").

        Pursuant to a Stock Purchase Agreement, dated December 30, 1999, (the
"Purchase Agreement"), the Shareholder, who was formerly the owner of all of the
outstanding shares of the capital stock of Sentinel Software, Inc., a Virginia
corporation ("Sentinel"), received 79,491 shares of the Common Stock, par value
$ .0001 per share, of the Company (along with any shares of capital stock of
Company hereinafter acquired by the Shareholder, the "Shares") and Sentinel
became a wholly-owned subsidiary of the Company.

        The Shareholder and the Company desire by this Agreement to provide for
the participation of the Shareholder in the management of the Company and for
continuity in the ownership of the capital stock of the Company.

        In consideration of the premises and of the mutual covenants and
agreements contained herein, the parties do hereby agree as follows:

1. REPRESENTATION OF SHAREHOLDER ON PAYCOM's BOARD OF DIRECTORS. So long as the
Shareholder is employed by company pursuant to the Terms of the Employment
Agreement dated 12/30/99 or any future Employment Agreement, the Company shall
cause the Shareholder to be elected to, and to remain a member of, the Board of
Directors of Paycom Billing Service, Inc., a wholly owned subsidiary of Company.

2. TRANSFER OF SHARES.

        2.1 Except as hereinafter provided, the Shareholder shall not, during
the term of this Agreement, sell, assign, transfer, convey or otherwise dispose
of (hereinafter referred to as "dispose of" or as a "disposition"), or mortgage,
pledge, grant a security interest in or otherwise encumber

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(hereinafter referred to as "encumber" or as an "encumbrance"), all or any of
the Shares now owned or hereafter acquired by the Shareholder.

        2.2 If the Shareholder wishes to dispose of any or all of his Shares
pursuant to a bona fide offer therefor from a third party who is not a Permitted
Transferee or such Shares are subject to an involuntary disposition to a third
party who is not a Permitted Transferee (such bona fide offer or the terms of
the involuntary disposition are hereinafter referred to as the "Purchase
Offer"), the Shareholder shall resign (or may be removed by Company) from all
offices, if any, in the Company then held by the Shareholder; the Shareholder,
if a member of the Board of Directors of the Company, shall resign (or may be
removed by Company) from the Board of Directors of the Company, and the
Shareholder shall give notice (the "Offer Notice") to the Company stating that
the Shareholder has received the Purchase Offer, the number of Shares to be
subject to the Purchase Offer, the terms thereof (the "Purchase Offer Terms")
and the identity of the third party who made the Purchase Offer.

        2.3 The Company shall, during the thirty (30) day period immediately
following the Offer Notice (the "Acceptance Period") have the irrevocable and
exclusive right to purchase, on the Purchase Offer Terms (excluding any terms
providing for unique consideration, i.e., consideration other than monetary
consideration), all, but not fewer than all, of the Offered Securities. If the
Company shall elect to purchase the Offered Securities, it shall, during the
Acceptance Period, give notice of such acceptance (the "Acceptance Notice") to
the Shareholder.

        2.4 The Acceptance Notice shall specify a date, which shall be not more
than sixty (60), and not fewer than thirty (30), days following the end of the
Acceptance Period on which the closing of the Company's purchase of the Offered
Securities shall occur. The closing of such purchase shall be at the offices of
the Company on the date specified in the Acceptance Notice, at which time all
instruments and documents representing the Offered Securities shall be delivered
to the Company duly endorsed for transfer or accompanied by duly executed stock
powers, transferring the Shares to the Company free and clear of all liens,
claims, encumbrances and adverse interests, together with evidence satisfactory
to the Company that all applicable transfer taxes have been paid; and the

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Company shall pay to the Shareholder the purchase price of the Offered
Securities, in accordance with the Purchase Offer Terms.

        2.5 If the Company does not elect to purchase all of the Offered
Securities, the Shareholder may then, not less than thirty (30), and not more
than sixty (60), days following the date of the Offer Notice, sell all, but not
fewer than all, of the Offered Securities to the third party who made the
Purchase Offer on the Purchase Offer Terms and such third party shall receive
the Offered Securities free and clear of all of the restrictions contained in
this Agreement. If the Shareholder does not sell the Offered Securities to the
third party who made the Purchase Offer on the Purchase Offer Terms within the
period referred to in the immediately preceding sentence, the Offered Securities
shall not be disposed of and, shall remain subject to the terms of this
Agreement as if no Offer Notice had been given.

        2.6 If the Shareholder encumbers any or all of such Shareholder's Shares
or any interest therein (the "Encumbered Securities"), or if such Shares or
interest become encumbered involuntarily, such encumbrance shall not in itself
constitute a disposition of the Encumbered Securities under this Section 2; but
the person or the corporation, partnership, trust or other entity, other than a
Permitted Transferee, to which such encumbrance is granted or which obtains such
encumbrance (the "Pledgee") shall hold the Encumbered Securities subject in all
respects to the restrictions contained in this Section 2; provided, however,
that any foreclosure, disposition or encumbrance, voluntary or involuntary, by
the Pledgee other than to the Shareholder shall be deemed to be a disposition of
the Encumbered Securities for the purpose of this Section 2 and the Pledgee
shall be required to comply in full with the provisions of this Section 2 as if
it were the Shareholder thereunder prior to such disposition even if such
disposition is a foreclosure under which the Encumbered Securities are assigned
to the Pledgee; and provided further that the instrument establishing any such
voluntary encumbrance shall expressly provide that the Pledgee consents to and
agrees to comply with the provisions of this Section 2.

        2.7 The Shareholder may dispose of his Shares to a Permitted Transferee
as provided in this Section 2.7. A "Permitted Transferee" is (i) a parent,
spouse or direct lineal descendant

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(including, without limitation, an adopted descendant) of the Shareholder or
(ii) a trust of which the Shareholder or one or more of his parents, spouse or
direct lineal descendants, or any combination thereof, is the sole beneficiary
or (iii) any other person or entity to which Company agrees, or (iv) the legal
representatives, trustee or estate of the Shareholder in the event of the death
of the Shareholder. For purposes of this Agreement, all Shares held by a
Permitted Transferee shall be treated as if still owned by the Shareholder who
transferred them to such Permitted Transferee. All such Shares shall be subject
to the same restrictions and options as exist in the hands of such Shareholder;
any notice given to or by such Shareholder under this Agreement shall be deemed
effective notice to or by his Permitted Transferee; and all actions hereunder
taken or omitted by such Shareholder shall be binding upon his Permitted
Transferee. Any Shares transferred to a Permitted Transferee may be
retransferred to the transferor Shareholder without compliance with this Section
2, but in such event such Shares shall remain subject to the restrictions of
this Agreement. Before any transfer of Shares shall be made to any Permitted
Transferee, such Permitted Transferee shall execute an appropriate instrument
confirming that such Permitted Transferee holds such Shares subject to the
provisions of this Agreement.

        2.8 The certificates representing all of the issued and outstanding
Shares shall be imprinted with the following legend:

                      "The securities represented by this certificate are
                      issued, accepted and held subject to the terms of a
                      Shareholder's Agreement dated as of December 30, 1999, by
                      and among the issuer and the Shareholder. A copy of such
                      Shareholder's Agreement has been duly filed with the
                      issuer and neither this certificate nor the securities
                      represented hereby is subject to sale, assignment,
                      transfer, mortgage, pledge, hypothecation or other
                      disposition except as provided in such Shareholder's
                      Agreement and to which Shareholder's Agreement the holder
                      hereof, by its acceptance hereof, agrees.

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        2.9 The Company shall not issue any certificates representing Shares
upon the transfer of such Shares or register such transfer unless and until it
has received evidence satisfactory to it that such transfer was made in
compliance with the provisions of this Section 2.

        2.10 If any Shareholder or group of shareholders (the "Controlling
Shareholders") owning at least fifty percent of the issued and outstanding
shares of the Company's capital stock desire to sell or otherwise transfer all
of their shares to any person in a bona fide, arm's length sale or in a public
offering or pursuant to a merger or consolidation of the Company, at the same
time and for consideration consisting solely of cash or marketable equity
securities of a public company, or a combination thereof, then the Company shall
cause the Controlling Shareholders to afford the Shareholder the opportunity to
sell or transfer all of his Shares at the same price per share to the same
transferee and otherwise on the same terms and conditions on which the
Controlling Shareholders sell or transfer their Shares. Likewise, in any such
event other than a public offering, the Shareholder and his Permitted
Transferees shall, at the Company's request, vote his shares in favor of and
sell or otherwise transfer all of his Shares to the same person in the same
transaction or series of related transactions and on the same terms and
conditions on which the Controlling Shareholders sell or transfer their shares;
provided however, that the Shareholder shall have no obligation to do so if the
person to whom the Controlling Shareholders request that the Shareholder sell or
otherwise transfer his Shares is an affiliate of the Company or the Controlling
Shareholders. The Controlling Shareholders are express, intended, third-party
beneficiaries of this Section 2.10.

3. TERM. This Agreement shall commence on the date hereof and shall terminate on
the earliest of: (i) the acquisition by any one person of all the shares of
capital stock of the Company, (ii) the date on which the total number of holders
of Company's capital stock exceeds thirty-five, (iii) the closing date of an
initial public offering of the Company's shares pursuant to a registration
statement filed pursuant to, and becoming effective under, the Securities Act of
1933, as amended, (iv) the closing date of any transaction referenced in Section
2.4 or 2.5 hereof, or (v) the merger or consolidation of the Company with or
into, or the sale of substantially all of the assets of the Company to, any
other entity in a transaction immediately following which the shareholders of
the

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Company, in the aggregate, including the Shareholder own less than a majority of
the outstanding voting securities of such entity.

4. REPRESENTATIONS AND WARRANTIES. The Shareholder hereby represents and
warrants to the Company that such Shareholder is the record and beneficial owner
of the number of Shares set forth in the second paragraph of this Agreement;
that such Shareholder has good and marketable title to such Shares free and
clear of all liens, pledges, encumbrances, security interests and rights of
others and that such Shareholder has not transferred or assigned any rights,
including without limitation, the right to vote, appurtenant thereto.

5. BOOKS AND RECORDS. The Company shall prepare and deliver to the Shareholder,
not later than 120 calendar days following each fiscal year of the Company that
ends during the term hereof, an audited consolidated and consolidating balance
sheet of the Company as of the last day of such fiscal year and a statement of
the operations of the Company for the fiscal year then ended and shall provide
to the Shareholder during the term of this Agreement reasonable access for
proper corporate purposes to all of the books and records of the Company at any
time and from time to time during normal business hours.

6. NO PARTNERSHIP. Nothing in this Agreement shall be construed or inferred to
imply, nor shall the Shareholder so represent or take any action from which such
inference could be reasonably drawn, that Shareholder is a partner of, or a
joint venturer or otherwise associated with, the Company or any other
shareholder of the Company. No party to this Agreement shall have any duty to
any other party other than the duties and obligations arising hereunder or by
virtue of their relations as contemplated hereby. Any breach by any party of
this provision shall considered a material breach hereof.

7. MISCELLANEOUS.

        7.1 Notices. All notices, requests and demands to or upon the respective
parties hereto shall be in writing and shall be personally delivered or sent by
overnight package delivery service or by electronic mail (if receipt is
confirmed by return electronic mail) or facsimile machine (if

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confirmed in writing within one day thereafter) or sent by registered or
certified mail, addressed to the appropriate party at the following address:

               7.1.1  if to Shareholder, to him at:
                      205 B Keith Street
                      Warrentown, VA 20186
                      Facsimile No.: (540) 347-1028

               7.1.2  if to the Company, to it at:
                      4215 Glencoe Avenue, 1st Floor
                      Marina Del Rey, CA 90292
                      Attention: Chairman
                      Facsimile No.: (310) 827-1218

               7.1.3 Any party hereto may change the address to which any notice
hereunder is to be sent to it by giving notice of such change of address as
provided in this Section 7.1.

               7.1.4 All notices given hereunder shall be effective if
personally delivered or sent by overnight package delivery service, by
electronic mail or by facsimile machine on the date delivered or if sent by mail
as provided above, on the fifth (5th) day after deposit in the mail.

        7.2 NO WAIVER, CUMULATIVE REMEDIES; AMENDMENTS. No failure to exercise
and no delay in exercising, on the part of any party hereto, any right, power or
privilege hereunder shall operate as a waiver thereof nor shall any single or
partial exercise of any right, power or privilege hereunder preclude any other
or further exercise thereof or the exercise of any other right, power or
privilege. The rights and remedies herein provided are cumulative and not
exclusive of any rights or remedies provided by law. No modification or waiver
of any provision of this Agreement nor consent to any departure from the
provisions hereof or thereof shall be effective unless the same shall be in
writing from the party so modifying, waiving or consenting and then such waiver
or consent shall be effective only in the specific instance and for the purpose
for which it is given. No notice to any party shall entitle such party to any
other or further notice in other or similar circumstances unless expressly
provided for herein. No course of dealing between or among any of the parties
shall operate as a waiver of any of their respective rights under this
Agreement.

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        7.3 CAPTIONS. The captions of the various sections of this Agreement
have been inserted only for the purposes of convenience, and shall not be deemed
in any manner to modify, define, enlarge or restrict any of the provisions of
this Agreement.

        7.4 SURVIVAL OF AGREEMENTS. All agreements, representations and
warranties made herein and in any certificates delivered pursuant hereto shall
survive the execution and delivery of this Agreement and shall continue in full
force and effect.

        7.5 SUCCESSORS AND ASSIGNS. This Agreement shall be binding upon and
inure to the benefit of the parties hereto and, to the extent permitted herein
or required hereby, their respective successors and assigns.

        7.6 PRONOUNS, PLURALS, NOMINEES. All pronouns and variation thereof
shall be deemed to refer to the masculine, feminine, neuter, singular or plural,
as the identity of the person, firm or corporation may require. Plurals of
defined terms shall include the singular. References herein to any nominees, or
other persons under the control of such person.

        7.7 ENTIRE AGREEMENT. This Agreement contains the entire agreement among
the parties hereto with respect to the subject matter hereof, supersedes the all
prior written agreements and negotiations and oral understandings, if any, and
may not be amended, supplemented or discharged except by performance or by an
instrument in writing signed by all of the parties hereto.

        7.8 COUNTERPARTS. This Agreement may be executed simultaneously in two
or more counterparts, each of which shall be deemed an original.

        7.9 GOVERNING LAW. This Agreement shall be construed and enforced in
accordance with and governed by the internal laws of the State of Delaware
applicable to agreements made, and to be performed entirely within the State of
Delaware without giving effect to the conflicts of laws principles thereof.

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        7.10 SEVERABILITY. Any provision of this Agreement which is prohibited
or unenforceable in any jurisdiction shall, as to such jurisdiction, be
ineffective to the extent of such prohibition or unenforceability without
invalidating the remaining provisions hereof, and any such prohibition or
unenforceability in any jurisdiction shall not invalidate or render
unenforceable such provision in any other jurisdiction.

        7.11 INJUNCTIVE RELIEF. The Shareholder agrees that a violation of his
covenants and obligations contained in this Agreement will cause irreparable
injury to the Company and that the Company shall be entitled, in addition to any
other rights and remedies it may have, at law or in equity, to an injunction
enjoining and restraining the Shareholder from violating such covenant or
obligation.

        7.12 NO THIRD PARTY BENEFICIARIES. Nothing contained herein shall be
deemed to confer any rights on any person not a party to this Agreement other
than the Controlling Shareholders pursuant to Section 2.10 and a Permitted
Transferee pursuant to Section 3 hereof, it being understood and agreed that the
provisions hereof are solely for the benefit of the parties hereto and their
successors and assigns.

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

                                            SHAREHOLDER:

                                            /s/ MARC OVERMAN
                                            ------------------------------------
                                            Marc Overman

                                            COMPANY:

                                            SOLUTIONS AMERICA, INC.

                                            By: /s/ FLOYD W. KEPHART
                                               ---------------------------------
                                                   Floyd W. Kephart, Chairman

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                                                                  EXHIBIT 4.6

                             SOLUTIONS AMERICA, INC.

                                 2000 STOCK PLAN

        1.      PURPOSES OF THE PLAN. The purposes of this 2000 Stock Plan are
to attract and retain the best available personnel for positions of substantial
responsibility, to provide additional incentive to Employees and Consultants of
the Company and its Subsidiaries and to promote the success of the Company's
business. An option granted under the Plan may be an incentive stock option (as
defined below) or a nonqualified stock option (as defined below), as determined
by the Administrator at the time of grant of an option and subject to the
applicable provisions of the Code. Stock purchase rights may also be granted
under the Plan.

        2.      DEFINITIONS. As used herein, the following definitions shall
apply:

                (a)     "ADMINISTRATOR" means the Board or any of its Committees
appointed to Section 4 of the Plan.

                (b)     "BOARD" means the Board of Directors of the Company.

                (c)     "CODE" means the Internal Revenue Code of 1986, as
amended. References to the Code include the corresponding provisions of any
successor statute.

                (d)     "COMMITTEE" means the Committee appointed by the Board
of Directors in accordance with Section 4 of the Plan.

                (e)     "COMMON STOCK" means the Common Stock of the Company,
par value $.0001.

                (f)     "COMPANY" means SolutionsAmerica, Inc., a Delaware
corporation.

                (g)     "CONSULTANT" means any person, including an advisor, who
is engaged by the Company or any Parent or Subsidiary to render services other
than as an Employee and is compensated for such services, and any director of
the Company, including outside directors, whether compensated for such services
or not.

                (h)     "CONTINUOUS STATUS AS AN EMPLOYEE OR CONSULTANT" means
the absence of any interruption or termination of service as an Employee or
Consultant. Continuous Status as an Employee or Consultant shall not be
considered interrupted in the case of: (i) sick leave, in accordance with
Company policy; (ii) military leave; (iii) any other leave of absence approved
by the Administrator, provided that such leave is for a period of not more than
ninety (90) days, unless reemployment upon the expiration of such leave is
guaranteed by contract or statute, or unless provided otherwise pursuant to
Company policy adopted from time to time; or (iv) in the case of transfers
between locations of the Company or between the Company, its Subsidiaries or
their respective successors. For purposes of this Plan, a change in status from
an Employee to a

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Consultant or from a Consultant to an Employee will not constitute an
interruption of Continuous Status as an Employee or Consultant.

                (i)     "DISABILITY" means "permanent and total disability" as
defined in Section 22(e)(3) of the Code.

                (j)     "EMPLOYEE" means any person, including officers and
directors, employed by the Company or any Parent or Subsidiary of the Company,
with the status of employment based upon such minimum number of hours or periods
worked as shall be determined by the Administrator in its discretion, subject to
any requirements of the Code. The payment by the Company of a director's fee to
a director shall not be sufficient to constitute "employment" of such director
by the Company.

                (k)     "EXCHANGE ACT" means the Securities Exchange Act of
1934, as amended.

                (l)     "FAIR MARKET VALUE" means, as of any date, the fair
market value of Common Stock determined as follows:

                        (i)     If the Common Stock is listed on any established
stock exchange or a national market system including without limitation the
National Market of the National Association of Securities Dealers, Inc.
Automated Quotation ("Nasdaq") System, its Fair Market Value shall be the
closing sales price for such stock (or the closing bid, if no sales were
reported), as quoted on such system or exchange, or the exchange with the
greatest volume of trading in Common Stock for the last market trading day prior
to the time of determination, as reported in The Wall Street Journal or such
other source as the Administrator deems reliable;

                        (ii)    If the Common Stock is quoted on the Nasdaq
System (but not on the National Market thereof) or regularly quoted by a
recognized securities dealer but selling prices are not reported, its Fair
Market Value shall be the mean between the high bid and low asked prices for the
Common Stock for the last market trading day prior to the time of determination,
as reported in The Wall Street Journal or such other source as the Administrator
deems reliable; or

                        (iii)   In the absence of an established market for the
Common Stock, the Fair Market Value thereof shall be determined in good faith by
the Administrator.

                (m)     "INCENTIVE STOCK OPTION" means an Option intended to
qualify as an incentive stock option within the meaning of Section 422 of the
Code, as designated in the applicable written Option Agreement.

                (n)     "NONQUALIFIED STOCK OPTION" means an Option not intended
to qualify as an Incentive Stock Option, as designated in the applicable written
Option Agreement.

                (o)     "OFFEREE" means an Employee or Consultant who receives
an offer of Stock Purchase Rights, and includes a person who has accepted and is
holding a Stock Purchase Right.

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                (p)     "OPTION" means a stock option granted pursuant to the
Plan.

                (q)     "OPTION AGREEMENT" means a written agreement between an
Optionee and the Company reflecting the terms of an Option granted under the
Plan and includes any documents attached to such Option Agreement, including,
but not limited to, a notice of stock option grant and a form of exercise
notice.

                (r)     "OPTIONED STOCK" means the Common Stock subject to an
Option or a Stock Purchase Right.

                (s)     "OPTIONEE" means an Employee or Consultant who receives
an Option or a Stock Purchase Right.

                (t)     "PARENT" means a "parent corporation," whether now or
hereafter existing, as defined in Section 424(e) of the Code, or any successor
provision.

                (u)     "PLAN" means this 2000 Stock Plan.

                (v)     "REPORTING PERSON" means an officer, director, or
greater than 10% stockholder of the Company within the meaning of Rule l6a-2
under the Exchange Act, who is required to file reports pursuant to Rule l6a-3
under the Exchange Act.

                (w)     "RESTRICTED STOCK" means shares of Common Stock acquired
pursuant to a grant of a Stock Purchase Right under Section 10 below.

                (x)     "RESTRICTED STOCK PURCHASE AGREEMENT" means a written
agreement between a holder of a Stock Purchase Right and the Company reflecting
the terms of a Stock Purchase Right granted under the Plan and includes any
documents attached to such agreement.

                (y)     "RULE 16b-3" means Rule 16b-3 promulgated under the
Exchange Act, as the same may be amended from time to time, or any successor
provision.

                (z)     "SHARE" means a share of the Common Stock, as adjusted
in accordance with Section 12 of the Plan.

                (aa)    "STOCK EXCHANGE" means any stock exchange or
consolidated stock price reporting system on which prices for the Common Stock
are quoted at any given time.

                (bb)    "STOCK PURCHASE RIGHT" means the right to purchase
Common Stock pursuant to Section 10 below.

                (cc)    "SUBSIDIARY" means a "subsidiary corporation," whether
now or hereafter existing, as defined in Section 424(f) of the Code, or any
successor provision.

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                (dd)    "TAX DATE" means the date upon which an Offeree or
Optionee is required to recognize income for federal income tax purposes by
reason of exercise of a Nonqualified Stock Option or Stock Purchase Right or
upon disposition of Shares acquired upon exercise of an Incentive Stock Option.

        3.      STOCK SUBJECT TO THE PLAN. Subject to the provisions of Section
12 of the Plan, the maximum aggregate number of Shares that may be optioned and
sold under the Plan is 1,200,000 Shares of Common Stock. The Shares may be
authorized, but unissued, or reacquired Common Stock. If an Option should expire
or become unexercisable for any reason without having been exercised in full,
the unpurchased Shares that were subject thereto shall, unless the Plan shall
have been terminated, become available for future grant under the Plan. In
addition, any Shares of Common Stock which are retained by the Company upon
exercise of an Option or Stock Purchase Right in order to satisfy the exercise
or purchase price for such Option or Stock Purchase Right or any withholding
taxes due with respect to such exercise shall be treated as not issued and shall
continue to be available under the Plan. Shares repurchased by the Company
pursuant to any repurchase right which the Company may have shall not be
available for future grant under the Plan.

        4.      ADMINISTRATION OF THE PLAN.

                (a)     INITIAL PLAN PROCEDURE. Prior to the date, if any, upon
which the Company becomes subject to the Exchange Act, the Plan shall be
administered by the Board or a Committee appointed by the Board.

                (b)     PLAN PROCEDURE AFTER THE DATE, IF ANY, UPON WHICH THE
COMPANY BECOMES SUBJECT TO THE EXCHANGE ACT.

                        (i)     MULTIPLE ADMINISTRATIVE BODIES. If permitted by
Rule 16b-3, grants under the Plan may be made by different bodies with respect
to directors, non-director officers and Employees or Consultants who are not
Reporting Persons.

                        (ii)    ADMINISTRATION WITH RESPECT TO REPORTING
PERSONS. With respect to grants of Options or Stock Purchase Rights to Employees
who are Reporting Persons, such grants shall be made by (A) the Board if the
Board may make grants to Reporting Persons under the Plan in compliance with
Rule 16b-3, or (B) a Committee designated by the Board to make grants to
Reporting Persons under the Plan, which Committee shall be constituted in such a
manner as to permit grants under the Plan to comply with Rule 16b-3 and to
satisfy the legal requirements relating to the administration of Incentive Stock
Option plans, if any, of applicable corporate and securities laws, of the Code
and of any applicable Stock Exchange (the "Applicable Laws"). Once appointed,
such Committee shall continue to serve in its designated capacity until
otherwise directed by the Board. From time to time the Board may increase the
size of the Committee and appoint additional members thereof, remove members
(with or without cause) and appoint new members in substitution therefor, fill
vacancies, however caused, and remove all members of the Committee and
thereafter directly make grants to Reporting Persons under the Plan, all to the
extent permitted by Rule 16b-3.

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                        (iii)   ADMINISTRATION WITH RESPECT TO CONSULTANTS AND
OTHER EMPLOYEES. With respect to grants of Options or Stock Purchase Rights to
Employees or Consultants who are not Reporting Persons, the Plan shall be
administered by (A) the Board or (B) a Committee designated by the Board, which
Committee shall be constituted in such a manner as to satisfy the Applicable
Laws. Once appointed, such Committee shall continue to serve in its designated
capacity until otherwise directed by the Board. From time to time the Board may
increase the size of the Committee and appoint additional members thereof,
remove members (with or without cause) and appoint new members in substitution
therefor, fill vacancies, however caused, and remove all members of the
Committee and thereafter directly administer the Plan, all to the extent
permitted by the Applicable Laws.

                (c)     POWERS OF THE ADMINISTRATOR. Subject to the provisions
of the Plan and in the case of a Committee, the specific duties delegated by the
Board to such Committee, and subject to the approval of any relevant
authorities, including the approval, if required, of any Stock Exchange, the
Administrator shall have the authority, in its discretion:

                        (i)     to determine the Fair Market Value of the Common
Stock, in accordance with Section 2(k) of the Plan;

                        (ii)    to select the Consultants and Employees to whom
Options and Stock Purchase Rights or any combination thereof may from time to
time be granted hereunder;

                        (iii)   to determine whether and to what extent Options
and Stock Purchase Rights or any combination thereof are granted hereunder;

                        (iv)    to determine the number of shares of Common
Stock to be covered by each such award granted hereunder;

                        (v)     to approve forms of agreement for use under the
Plan;

                        (vi)    to determine the terms and conditions, not
inconsistent with the terms of the Plan, of any award granted hereunder. Such
terms and conditions include, but are not limited to, the exercise price, the
time or times when Options or Stock Purchase Rights may be exercised (which may
be based on performance criteria), any vesting acceleration or waiver of
forfeiture restrictions, and any restriction or limitation regarding any Option
or Stock Purchase Right or the Common Stock relating thereto, based in each case
on such factors as the Administrator, in its sole discretion, shall determine;

                        (vii)   to determine whether and under what
circumstances an Option may be settled in cash under Section 9(f) instead of
Common Stock;

                        (viii)  to reduce the exercise price of any Option to
the then current Fair Market Value if the Fair Market Value of the Common Stock
covered by such Option shall have declined since the date the Option was
granted;

                                        5

<PAGE>   6

                        (ix)    to determine the terms and restrictions
applicable to Stock Purchase Rights and the Restricted Stock purchased by
exercising such Stock Purchase Rights;

                        (x)     to construe and interpret the terms of the Plan
and awards granted pursuant to the Plan; and

                        (xi)    in order to fulfill the purposes of the Plan and
without amending the Plan, to modify grants of Options or Stock Purchase Rights
to participants who are foreign nationals or employed outside of the United
States in order to recognize differences in local law, tax policies or customs.

                (d)     EFFECT OF ADMINISTRATOR'S DECISION. All decisions,
determinations and interpretations of the Administrator shall be final and
binding on all holders of Options or Stock Purchase Rights.

        5.      ELIGIBILITY.

                (a)     RECIPIENTS OF GRANTS. Nonqualified Stock Options and
Stock Purchase Rights may be granted to Employees and Consultants. Incentive
Stock Options may be granted only to Employees. An Employee or Consultant who
has been granted an Option or Stock Purchase Right may, if he or she is
otherwise eligible, be granted additional Options or Stock Purchase Rights.

                (b)     TYPE OF OPTION. Each Option shall be designated in the
Option Agreement as either an Incentive Stock Option or a Nonqualified Stock
Option. However, notwithstanding such designations, to the extent that the
aggregate Fair Market Value of Shares with respect to which Options designated
as Incentive Stock Options are exercisable for the first time by any Optionee
during any calendar year (under all plans of the Company or any Parent or
Subsidiary) exceeds $100,000, such excess Options shall be treated as
Nonqualified Stock Options. For purposes of this Section 5(b), Incentive Stock
Options shall be taken into account in the order in which they were granted, and
the Fair Market Value of the Shares subject to an Incentive Stock Option shall
be determined as of the date of the grant of such Option.

                (c)     NO RIGHT TO EMPLOYMENT. The Plan shall not confer upon
the holder of any Option or Stock Purchase Right any right with respect to
continuation of employment or consulting relationship with the Company, nor
shall it interfere in any way with such holder's right or the Company's right to
terminate his or her employment or consulting relationship at any time, with or
without cause.

        6.      TERM OF PLAN. The Plan shall become effective upon the earlier
to occur of its adoption by the Board of Directors or its approval by the
stockholders of the Company as described in Section 19 of the Plan. It shall
continue in effect for a term of ten (10) years unless sooner terminated under
Section 15 of the Plan.

        7.      TERM OF OPTION. The term of each Option shall be the term stated
in the Option Agreement; provided, however, that the term shall be no more than
ten (10) years from the date of

                                        6

<PAGE>   7

grant thereof or such shorter term as may be provided in the Option Agreement
and provided further that, in the case of an Incentive Stock Option granted to
an Optionee who, at the time the Option is granted, owns stock representing more
than 10% of the total combined voting power of all classes of stock of the
Company or any Parent or Subsidiary, the term of the Option shall be five (5)
years from the date of grant thereof or such shorter term as may be provided in
the Option Agreement.

        8.      OPTION EXERCISE PRICE AND CONSIDERATION.

                (a)     The per Share exercise price for the Shares to be issued
pursuant to exercise of an Option shall be such price as is determined by the
Administrator and set forth in the applicable agreement, but shall be subject to
the following:

                        (i)     In the case of an Incentive Stock Option that
is:

                                (A)     granted to an Employee who, at the time
of the grant of such Incentive Stock Option, owns stock representing more than
10% of the total combined voting power of all classes of stock of the Company or
any Parent or Subsidiary, the per Share exercise price shall be no less than
110% of the Fair Market Value per Share on the date of grant.

                                (B)     granted to any other Employee, the per
Share exercise price shall be no less than 100% of the Fair Market Value per
Share on the date of grant.

                        (ii)    In the case of a Nonqualified Stock Option that
is:

                                (A)     granted to a person who, at the time of
the grant of such Option, owns stock representing more than 10% of the total
combined voting power of all classes of stock of the Company or any Parent or
Subsidiary, the per Share exercise price shall be no less than 110% of the Fair
Market Value per Share on the date of the grant.

                                (B)     granted to any other person, the per
Share exercise price shall be no less than 85% of the Fair Market Value per
Share on the date of grant.

                (b)     The consideration to be paid for the Shares to be issued
upon exercise of an Option, including the method of payment, shall be determined
by the Administrator (and, in the case of an Incentive Stock Option, shall be
determined at the time of grant) and may consist entirely of (1) cash, (2)
check, subject to collection, (3) promissory note, (4) other Shares that (x) in
the case of Shares acquired upon exercise of an Option, have been owned by the
Optionee for more than six months on the date of surrender or such other period
as may be required to avoid a charge to the Company's earnings, and (y) have a
Fair Market Value on the date of surrender equal to the aggregate exercise price
of the Shares as to which such Option shall be exercised, (5) authorization for
the Company to retain from the total number of Shares as to which the Option is
exercised that number of Shares having a Fair Market Value on the date of
exercise equal to the exercise price for the total number of Shares as to which
the Option is exercised, (6) delivery of a properly executed exercise notice
together with such other documentation as the Administrator and the broker, if
applicable, shall require to effect an exercise of the Option and delivery to
the Company of the sale

                                        7

<PAGE>   8

or loan proceeds required to pay the exercise price and any applicable income or
employment taxes, (7) delivery of an irrevocable subscription agreement for the
Shares that irrevocably obligates the option holder to take and pay for the
Shares not more than twelve (12) months after the date of delivery of the
subscription agreement, (8) any combination of the foregoing methods of payment,
or (9) such other consideration and method of payment for the issuance of Shares
to the extent permitted under the Applicable Laws. In making its determination
as to the type of consideration to accept, the Administrator shall consider if
acceptance of such consideration may be reasonably expected to benefit the
Company.

        9.      EXERCISE OF OPTION.

                (a)     PROCEDURE FOR EXERCISE; RIGHTS AS A STOCKHOLDER. Any
Option granted hereunder shall be exercisable at such times and under such
conditions as determined by the Administrator and reflected in the Option
Agreement, which may include vesting requirements and/or performance criteria
with respect to the Company and/or the Optionee; provided, however, that such
Option shall become exercisable at the rate of at least 20% per year for each
full year from the date the Option is granted. In the event that any of the
Shares issued upon exercise of an Option should be subject to a right of
repurchase in the Company's favor, such repurchase right shall lapse at the rate
of at least 20% per year for each full year from the date the Option is granted.
Notwithstanding the above, in the case of an Option granted to an officer,
director or Consultant of the Company or any Parent or Subsidiary of the
Company, the Option may become fully exercisable, and a repurchase right, if
any, in favor of the Company shall lapse, at any time or during any period
established by the Administrator.

        An Option may not be exercised for a fraction of a Share.

        An Option shall be deemed to be exercised when written notice of such
exercise has been given to the Company in accordance with the terms of the
Option by the person entitled to exercise the Option and the Company has
received full payment for the Shares with respect to which the Option is
exercised. Full payment may, as authorized by the Board, consist of any
consideration and method of payment allowable under Section 8(b) of the Plan.
Until the issuance (as evidenced by the appropriate entry on the books of the
Company or of a duly authorized transfer agent of the Company) of the stock
certificate evidencing such Shares, no right to vote or receive dividends or any
other rights as a stockholder shall exist with respect to the Optioned Stock,
not withstanding the exercise of the Option. The Company shall issue (or cause
to be issued) such stock certificate promptly upon exercise of the Option. No
adjustment will be made for a dividend or other right for which the record date
is prior to the date the stock certificate is issued, except as provided in
Section 12 of the Plan.

        Exercise of an Option in any manner shall result in a decrease in the
number of Shares that thereafter may be available, both for purposes of the Plan
and for sale under the Option, by the number of Shares as to which the Option is
exercised.

                (b)     TERMINATION OF EMPLOYMENT OR CONSULTING RELATIONSHIP.
Subject to Section 9(c) below, in the event of termination of an Optionee's
Continuous Status as an Employee

                                        8

<PAGE>   9

or Consultant with the Company, such Optionee may, but only within three (3)
months (or such other period of time not less than thirty (30) days as is
determined by the Administrator, with such determination in the case of an
Incentive Stock Option being made at the time of grant of the Option and not
exceeding three (3) months) after the date of such termination (but in no event
later than the expiration date of the term of such Option as set forth in the
Option Agreement), exercise his or her Option to the extent that the Optionee
was entitled to exercise it at the date of such termination. To the extent that
the Optionee was not entitled to exercise the Option at the date of such
termination, or if the Optionee does not exercise such Option to the extent so
entitled within the time specified herein, the Option shall terminate. No
termination shall be deemed to occur and this Section 9(b) shall not apply if
(i) the Optionee is a Consultant who becomes an Employee, or (ii) the Optionee
is an Employee who becomes a Consultant. Notwithstanding the foregoing, if the
Optionee is an Employee who becomes a Consultant and the Option is an Incentive
Stock Option, the Option shall become a Nonqualified Stock Option to the extent
it is not exercised within three (3) months of termination of the Optionee's
Continuous Status as an Employee (one (1) year if termination is due to the
Optionee's Disability).

                (c)     DISABILITY OF OPTIONEE.

                        (i)     Notwithstanding Section 9(b) above, in the event
of termination of an Optionee's Continuous Status as an Employee or Consultant
as a result of his or her Disability, such Optionee may, but only within twelve
(12) months from the date of such termination (but in no event later than the
expiration date of the term of such Option as set forth in the Option
Agreement), exercise the Option to the extent otherwise entitled to exercise it
at the date of such termination. To the extent that the Optionee was not
entitled to exercise the Option at the date of termination, or if the Optionee
does not exercise such Option to the extent so entitled within the time
specified herein, the Option shall terminate.

                        (ii)    In the event of termination of an Optionee's
Continuous Status as an Employee or Consultant as a result of a disability which
does not fall within the meaning of Disability as defined herein, such Optionee
may, but only within six (6) months from the date of such termination (but in no
event later than the expiration date of the term of such Option as set forth in
the Option Agreement), exercise the Option to the extent otherwise entitled to
exercise it at the date of such termination. However, to the extent that such
Optionee fails to exercise an Option which is an Incentive Stock Option (within
the meaning of Section 422 of the Code) within three (3) months of the date of
such termination, the Option will not qualify for Incentive Stock Option
treatment under the Code. To the extent that the Optionee was not entitled to
exercise the Option at the date of termination, or if the Optionee does not
exercise such Option to the extent so entitled within six (6) months from the
date of termination, the Option shall terminate. Disability for purposes of this
Section 9(c)(ii) shall be determined by the Administrator.

                (d)     DEATH OF OPTIONEE. In the event of the death of an
Optionee during the period of Continuous Status as an Employee or Consultant
since the date of grant of the Option, or within thirty (30) days following
termination of the Optionee's Continuous Status as an Employee or Consultant,
the Option may be exercised, at any time within six (6) months following the
date of death (but in no event later than the expiration date of the term of
such Option as set forth in the

                                        9

<PAGE>   10

Option Agreement), by such Optionee's estate or by a person who acquired the
right to exercise the Option by bequest or inheritance, but only to the extent
of the right to exercise that had accrued at the date of death or, if earlier,
the date of termination of the Optionee's Continuous Status as an Employee or
Consultant. To the extent that the Optionee was not entitled to exercise the
Option at the date of death or termination, as the case may be, or if the
Optionee does not exercise such Option to the extent so entitled within the time
specified herein, the Option shall terminate.

                (e)     BUYOUT PROVISION. The Administrator may at any time
offer to buy out for a payment in cash or Shares, an Option previously granted,
based on such terms and conditions as the Administrator shall establish and
communicate to the Optionee at the time such offer is made.

                (f)     RULE 16b-3. Options granted to Reporting Persons shall
comply with Rule 16b-3 and shall contain such additional conditions or
restrictions as may be required thereunder to qualify for the maximum exemption
for Plan transactions.

        10.    STOCK PURCHASE RIGHTS.

                (a)     RIGHTS TO PURCHASE. Stock Purchase Rights may be issued
either alone, in addition to, or in tandem with other awards granted under the
Plan and/or cash awards made outside of the Plan. After the Administrator
determines that it will offer Stock Purchase Rights under the Plan, it shall
advise the Offeree in writing of the terms, conditions and restrictions related
to the offer, including the number of Shares that such person shall be entitled
to purchase, the price to be paid (which price shall not be less than 85% of the
Fair Market Value of the Shares as of the date of the offer, or, in the case of
an Offeree owning stock representing more than 10% of the total combined voting
power of all classes of stock of the Company or any Parent or Subsidiary, the
price shall not be less than 100% of the Fair Market Value of the Shares as of
the date of the offer), and the time within which the Offeree must accept such
offer, which shall in no event exceed thirty (30) days from the date upon which
the Administrator made the determination to grant the Stock Purchase Right. The
offer shall be accepted by execution of a Restricted Stock Purchase Agreement in
the form determined by the Administrator.

                (b)     REPURCHASE OPTION. Unless the Administrator determines
otherwise, the Restricted Stock Purchase Agreement shall grant the Company a
repurchase option exercisable upon the voluntary or involuntary termination of
the Offeree's employment with or rendition of non- employee services to the
Company and any Parent or Subsidiary for any reason (including death or
disability). The purchase price for Shares repurchased pursuant to the
Restricted Stock Purchase Agreement shall be the original purchase price paid by
the Offeree and may be paid by cancellation of any indebtedness of the Offeree
to the Company. The repurchase option shall lapse at such rate as the
Administrator may determine; provided, however, that with respect to an Offeree
who is not an officer, director or Consultant of the Company or of any Parent or
Subsidiary of the Company, it shall lapse at a minimum rate of 20% per year for
each full year from the date of acceptance of the Stock Purchase Right offer.

                (c)     OTHER PROVISIONS. The Restricted Stock Purchase
Agreement shall contain such other terms, provisions and conditions not
inconsistent with the Plan as may be determined by

                                       10

<PAGE>   11

the Administrator in its sole discretion. In addition, the provisions of
Restricted Stock Purchase Agreements need not be the same with respect to each
Offeree.

                (d)     RIGHTS AS A STOCKHOLDER. Once a Stock Purchase Right is
exercised, the purchaser shall have the rights equivalent to those of a
stockholder, and shall be a stockholder when his or her purchase is entered upon
the records of the duly authorized transfer agent of the Company. No adjustment
will be made for a dividend or other right for which the record date is prior to
the date the Stock Purchase Right is exercised, except as provided in Section 12
of the Plan.

        11.     STOCK WITHHOLDING TO SATISFY WITHHOLDING TAX OBLIGATIONS. At the
discretion of the Administrator, an Optionee or Offeree may satisfy withholding
obligations as provided in this Section 11. When an Optionee or Offeree incurs
tax liability in connection with an Option or Stock Purchase Right, which tax
liability is subject to tax withholding under applicable tax laws, and the
Optionee or Offeree is obligated to pay the Company an amount required to be
withheld under applicable tax laws, the Optionee or Offeree may satisfy the
withholding tax obligation by one or some combination of the following methods:
(a) by cash or check payment, or (b) out of the Optionee's or Offeree's current
compensation, (c) if permitted by the Administrator, in its discretion, by
surrendering to the Company Shares that (i) in the case of Shares previously
acquired from the Company, have been owned by the Optionee or Offeree for more
than six (6) months on the date of surrender, and (ii) have a fair market value
on the date of surrender equal to or less than the Optionee's or Offeree's
amount required to be withheld, or (d) by electing to have the Company withhold
from the Shares to be issued upon exercise of the Option, or the Shares to be
issued in connection with the Stock Purchase Right, if any, that number of
Shares having a fair market value equal to the amount required to be withheld.
For this purpose, the fair market value of the Shares to be withheld shall be
determined on the date that the amount of tax to be withheld is to be determined
(the "Tax Date").

        Any surrender by a Reporting Person of previously owned Shares to
satisfy tax withholding obligations arising upon exercise of this Option must
comply with the applicable provisions of Rule 16b-3.

        All elections by an Optionee or Offeree to have Shares withheld to
satisfy tax withholding obligations shall be made in writing in a form
acceptable to the Administrator and shall be subject to the following
restrictions:

                (a)     the election must be made on or prior to the applicable
Tax Date;

                (b)     once made, the election shall be irrevocable as to the
particular Shares of the Option or Stock Purchase Right as to which the election
is made; and

                (c)     all elections shall be subject to the consent or
disapproval of the Administrator.

        In the event the election to have Shares withheld is made by an Offeree
and the Tax Date is deferred under Section 83 of the Code because no election is
filed under Section 83(b) of the Code,

                                       11

<PAGE>   12

the Offeree shall receive the full number of Shares with respect to which the
Stock Purchase Right is exercised but such Offeree shall be unconditionally
obligated to tender back to the Company the proper number of Shares on the Tax
Date.

        12.     ADJUSTMENTS UPON CHANGES IN CAPITALIZATION, MERGER OR CERTAIN
OTHER TRANSACTIONS.

                (a)     CHANGES IN CAPITALIZATION. Subject to any required
action by the stockholders of the Company, the number of shares of Common Stock
covered by each outstanding Option or Stock Purchase Right, and the number of
shares of Common Stock that have been authorized for issuance under the Plan but
as to which no Options or Stock Purchase Rights have yet been granted or that
have been returned to the Plan upon cancellation or expiration of an Option or
Stock Purchase Right, as well as the price per share of Common Stock covered by
each such outstanding Option or Stock Purchase Right, shall be proportionately
adjusted for any increase or decrease in the number of issued shares of Common
Stock resulting from a stock split, reverse stock split, stock dividend,
combination, recapitalization or reclassification of the Common Stock, or any
other increase or decrease in the number of issued shares of Common Stock
effected without receipt of consideration by the Company; provided, however,
that conversion of any convertible securities of the Company shall not be deemed
to have been "effected without receipt of consideration." Such adjustment shall
be made by the Board, whose determination in that respect shall be final,
binding and conclusive. Except as expressly provided herein, no issuance by the
Company of shares of stock of any class, or securities convertible into shares
of stock of any class, shall affect, and no adjustment by reason thereof shall
be made with respect to, the number or price of shares of Common Stock subject
to an Option or Stock Purchase Right.

                (b)     DISSOLUTION OR LIQUIDATION. In the event of the proposed
dissolution or liquidation of the Company, the Board shall notify the Optionee
at least fifteen (15) days prior to such proposed action. Notwithstanding
anything to the contrary in the Plan or any Option Agreement or Stock Purchase
Right granted hereunder, to the extent it has not been previously exercised,
each outstanding Option or Stock Purchase Right will terminate immediately prior
to the consummation of such proposed action.

                (c)     MERGER, REORGANIZATION OR CONSOLIDATION. Notwithstanding
anything to the contrary in the Plan or any Option Agreement or Stock Purchase
Right granted hereunder, in the event of a merger, reorganization or
consolidation of the Company with any other corporation in which the Company is
not the surviving corporation or the Company becomes a wholly-owned subsidiary
of another corporation, any unexercised Option theretofore granted under this
Plan shall be deemed canceled unless the surviving corporation in any such
merger, reorganization or consolidation elects to assume the Options under the
Plan or to substitute Options in place thereof; provided, however, that
notwithstanding the foregoing, if such Options otherwise were to be canceled in
accordance with the foregoing, each Optionee shall have the right, exercisable
during a thirty (30) day period, ending on the fifth (5th) day prior to such
merger, reorganization or consolidation, to exercise the Optionee's Options in
whole or in part without regard to any vesting requirements in the Option
Agreement.

                                       12

<PAGE>   13

                (d)     CERTAIN DISTRIBUTIONS. In the event of any distribution
to the Company's stockholders of securities of any other entity or other assets
(other than dividends payable in cash or stock of the Company) without receipt
of consideration by the Company, the Administrator may, in its discretion,
appropriately adjust the price per share of Common Stock covered by each
outstanding Option or Stock Purchase Right to reflect the effect of such
distribution.

        13.     NON-TRANSFERABILITY OF OPTIONS AND STOCK PURCHASE RIGHTS.
Options and Stock Purchase Rights may not be sold, pledged, assigned,
hypothecated, transferred, or disposed of in any manner other than by will or by
the laws of descent or distribution and may be exercised during the lifetime of
the Optionee or Stock Purchase Rights Offeree only by the Optionee or Stock
Purchase Rights Offeree.

        14.     TIME OF GRANTING OPTIONS AND STOCK PURCHASE RIGHTS. The date of
grant of an Option or Stock Purchase Right shall, for all purposes, be the date
on which the Administrator makes the determination granting such Option or Stock
Purchase Right, or such other date as is determined by the Board; provided,
however, that in the case of any Incentive Stock Option, the grant date shall be
the later of the date on which the Administrator makes the determination
granting such Incentive Stock Option or the date of commencement of the
Optionee's employment relationship with the Company. Notice of the determination
shall be given to each Employee or Consultant to whom an Option or Stock
Purchase Right is so granted within a reasonable time after the date of such
grant.

        15.     AMENDMENT AND TERMINATION OF THE PLAN.

                (a)     AUTHORITY TO AMEND OR TERMINATE. The Board may at any
time amend, alter, suspend or discontinue the Plan, but no amendment,
alteration, suspension or discontinuation shall be made that would impair the
rights of any Optionee or Offeree under any grant theretofore made, without his
or her consent. In addition, to the extent necessary and desirable to comply
with Rule 16b-3 or with Section 422 of the Code (or any other applicable law or
regulation, including the requirements of any Stock Exchange), the Company shall
obtain stockholder approval of any Plan amendment in such a manner and to such a
degree as required.

                (b)     EFFECT OF AMENDMENT OR TERMINATION. No amendment or
termination of the Plan shall adversely affect Options already granted, unless
mutually agreed otherwise between the Optionee and the Board, which agreement
must be in writing and signed by the Optionee and the Company.

        16.     CONDITIONS UPON ISSUANCE OF SHARES. Shares shall not be issued
pursuant to the exercise of an Option or Stock Purchase Right unless the
exercise of such Option or Stock Purchase Right and the issuance and delivery of
such Shares pursuant thereto shall comply with all relevant provisions of law,
including, without limitation, the Securities Act of 1933, as amended, the
Exchange Act, the rules and regulations promulgated thereunder, and the
requirements of any Stock Exchange.

        As a condition to the exercise of an Option or Stock Purchase Right, the
Company may require the person exercising such Option or Stock Purchase Right to
represent and warrant at the

                                       13

<PAGE>   14

time of any such exercise that the Shares are being purchased only for
investment and without any present intention to sell or distribute such Shares
if, in the opinion of counsel for the Company, such a representation is required
by law.

        17.     RESERVATION OF SHARES. The Company, during the term of this
Plan, will at all times reserve and keep available such number of Shares as
shall be sufficient to satisfy the requirements of the Plan. The inability of
the Company to obtain authority from any regulatory body having jurisdiction,
which authority is deemed by the Company's counsel to be necessary to the lawful
issuance and sale of any Shares hereunder, shall relieve the Company of any
liability in respect of the failure to issue or sell such Shares as to which
such requisite authority shall not have been obtained.

        18.     AGREEMENTS. Option and Stock Purchase Rights shall be evidenced
by written Option Agreements and Restricted Stock Purchase Agreements,
respectively, in such forms as the Administrator shall approve from time to
time.

        19.     STOCKHOLDER APPROVAL. Continuance of the Plan shall be subject
to approval by the stockholders of the Company within twelve (12) months before
or after the date the Plan is adopted. Such stockholder approval shall be
obtained in the degree and manner required under applicable state and federal
law and the rules of any Stock Exchange upon which the Common Stock is listed.
All Options and Stock Purchase Rights issued under the Plan shall become void in
the event such approval is not obtained.

        20.     INFORMATION AND DOCUMENTS TO OPTIONEES AND PURCHASERS. The
Company shall provide financial statements at least annually to each Optionee
and to each individual who acquired Shares pursuant to the Plan, during the
period such Optionee or purchaser has one or more Options or Stock Purchase
Rights outstanding, and in the case of an individual who acquired Shares
pursuant to the Plan, during the period such individual owns such Shares. The
Company shall not be required to provide such information if the issuance of
Options or Stock Purchase Rights under the Plan is limited to key employees
whose duties in connection with the Company assure their access to equivalent
information. In addition, at the time of issuance of any Options or Stock
Purchase Rights under the Plan, the Company shall provide to the Optionee or the
Purchaser a copy of the Plan and any agreement(s) pursuant to which securities
granted under the Plan are issued.

                                       14

<PAGE>   15
                             SOLUTIONSAMERICA, INC.

                                 2000 STOCK PLAN

                          NOTICE OF STOCK OPTION GRANT

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

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

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

        You have been granted an option to purchase Common Stock "Common Stock"
of SolutionsAmerica, Inc. (the "Company") as follows:

        Date of Grant (Later of Board
        Approval Date or Commence-
        ment of Employment/Consulting):

        Exercise Price per Share:           $

        Total Number of Shares Granted:

        Total Exercise Price:               $

        Type of Option:                     Nonqualified Stock Option

        Term/Expiration Date:

        Vesting Schedule:                   This Option shall vest in its
                                            entirety and be fully
                                            exercisable as of ________.

                                        1

<PAGE>   16

        By your signature and the signature of the Company's representative
below, you and the Company agree that this option is granted under and governed
by the terms and conditions of the 2000 Stock Plan and the Stock Option
Agreement, both of which are attached and made a part of this document.

                                            SOLUTIONSAMERICA, INC.

                                            By:
------------------------------------           ---------------------------------
Signature

------------------------------------           -------------------------------
Print Name                                     Print Name and Title

                                        2
<PAGE>   17
                             SOLUTIONSAMERICA, INC.

                                 2000 STOCK PLAN

                             STOCK OPTION AGREEMENT

        1. GRANT OF OPTION. SolutionsAmerica, Inc., a Delaware corporation (the
"Company"),hereby grants to ____________________ ("Optionee"), an option (the
"Option") to purchase a total number of shares of Common Stock (the "Shares")
set forth in the Notice of Stock Option Grant, at the exercise price per share
set forth in the Notice of Stock Option Grant (the "Exercise Price") subject to
the terms, definitions and provisions of the SolutionsAmerica, Inc. 2000 Stock
Plan (the "Plan") adopted by the Company, which is incorporated herein by
reference. Unless otherwise defined herein, the terms defined in the Plan shall
have the same defined meanings in this Option Agreement.

        If designated an Incentive Stock Option, this Option is intended to
qualify as an "incentive stock option" as defined in Section 422 of the Code.

        2. EXERCISE OF OPTION. This Option shall be exercisable during its Term
in accordance with the Vesting Schedule set out in the Notice of Stock Option
Grant and with the provisions of Section 9 of the Plan as follows:

               (a) RIGHT TO EXERCISE.

                      (i) This Option may not be exercised for a fraction of a
share.

                      (ii) In the event of Optionee's death, disability or other
termination of employment, the exercisability of the Option is governed by
Sections 5, 6 and 7 below, subject to the limitation contained in Section
2(a)(i).

                      (iii) In no event may this Option be exercised after the
date of expiration of the Term of this Option as set forth in the Notice of
Stock Option Grant.

               (b) METHOD OF EXERCISE. This Option shall be exercisable by
execution and delivery of the Exercise Notice and Restricted Stock Purchase
Agreement attached hereto as Exhibit A (the "Exercise Agreement") or of any
other form of written notice approved for such purpose by the Company which
shall state the election to exercise the Option, the number of Shares in respect
of which the Option is being exercised, and such other representations and
agreements as to the holder's investment intent with respect to such shares of
Common Stock as may be required by the Company pursuant to the provisions of the
Plan. Such written notice shall be signed by Optionee and shall be delivered in
person or by certified mail to the Secretary of the Company. The written notice
shall be accompanied by payment of the Exercise Price. This Option shall be
deemed to be exercised upon receipt by the Company of such written notice
accompanied by the Exercise Price.

                                        1

<PAGE>   18

               No Shares will be issued pursuant to the exercise of an Option
unless such issuance and such exercise shall comply with all relevant provisions
of applicable law and the requirements of any stock exchange upon which the
Shares may then be listed. Assuming such compliance, for income tax purposes the
Shares shall be considered transferred to Optionee on the date on which the
Option is exercised with respect to such Shares.

        3. METHOD OF PAYMENT. Payment of the Exercise Price shall be by any of
the following, or a combination thereof, at the election of the Administrator:

               (a) cash;

               (b) check, subject to collection;

               (c) surrender of other shares of Common Stock of Company which
(i) in the case of Shares acquired pursuant to the exercise of a Company option,
have been owned by Optionee for more than six (6) months on the date of
surrender, and (ii) have a Fair Market Value on the date of surrender equal to
the Exercise Price of the Shares as to which the Option is being exercised; or

               (d) if there is a public market for the Shares and they are
registered under the Securities Act of 1933, as amended, delivery of a properly
executed Exercise Agreement together with irrevocable instructions to a broker
to deliver promptly to the Company the amount of sale or loan proceeds required
to pay the Exercise Price.

        4. RESTRICTIONS ON EXERCISE. This Option may not be exercised until such
time as the Plan has been approved by the stockholders of the Company, or if the
issuance of such Shares upon such exercise or the method of payment of
consideration for such shares would constitute a violation of any applicable
federal or state securities or other law or regulation, including any rule under
Part 221 of Title 12 of the Code of Federal Regulations as promulgated by the
Federal Reserve Board. As a condition to the exercise of this Option, the
Company may require Optionee to make any representation and warranty to the
Company as may be required by any applicable law or regulation.

        5. TERMINATION OF RELATIONSHIP. In the event of termination of
Optionee's Continuous Status as an Employee or Consultant, Optionee may, to the
extent otherwise so entitled at the date of such termination (the "Termination
Date"), exercise this Option during a thirty (30) day period commencing on the
Termination Date (the "Termination Period"). To the extent that Optionee was not
entitled to exercise this Option at such Termination Date, or if Optionee does
not exercise this Option within the Termination Period, the Option shall
terminate.

        6. DISABILITY OF OPTIONEE.

               (a) Notwithstanding the provisions of Section 5 above, in the
event of termination of Optionee's Continuous Status as an Employee or
Consultant as a result of Optionee's Disability (as defined in the Plan),
Optionee may, but only within twelve (12) months from the Termination Date (but
in no event later than the Expiration Date set forth in the Notice of Stock
Option Grant), exercise this Option to the extent Optionee was entitled to
exercise it as of such Termination Date.

                                        2

<PAGE>   19

To the extent that Optionee was not entitled to exercise the Option as of the
Termination Date, or if Optionee does not exercise such Option (to the extent so
entitled) within the time specified in this Section 6(a), the Option shall
terminate.

               (b) Notwithstanding the provisions of Section 5 above, in the
event of termination of Optionee's consulting relationship or Continuous Status
as an Employee as a result of disability not constituting a Disability (as
defined in the Plan), Optionee may, but only within six (6) months from the
Termination Date (but in no event later than the Expiration Date set forth in
the Notice of Stock Option Grant), exercise the Option to the extent Optionee
was entitled to exercise it as of such Termination Date; provided, however, that
if this is an Incentive Stock Option and Optionee fails to exercise this
Incentive Stock Option within three months from the Termination Date, this
Option will cease to qualify as an Incentive Stock Option (as defined in Section
422 of the Code) and Optionee will be treated for federal income tax purposes as
having received ordinary income at the time of such exercise in an amount
generally measured by the difference between the Exercise Price for the Shares
and the Fair Market Value-of the Shares on the date of exercise. To the extent
that Optionee was not entitled to exercise the Option at the Termination Date,
or if Optionee does not exercise such Option to the extent so entitled within
the time specified in this Section 6(b), the Option shall terminate.

        7. DEATH OF OPTIONEE. In the event of the death of Optionee (a) during
the Term of this Option and while an Employee or Consultant of the Company and
having been in Continuous Status as an Employee or Consultant since the date of
grant of the Option, or (b) within thirty (30) days after Optionee's Termination
Date, the Option may be exercised at any time within six (6) months following
the date of death (but in no event later than the Expiration Date set forth in
the Notice of Stock Option Grant), by Optionee's estate or by a person who
acquired the right to exercise the Option by bequest or inheritance, but only to
the extent of the right to exercise that had accrued at the Termination Date.

        8. NON-TRANSFERABILITY OF OPTION. This Option may not be transferred in
any manner otherwise than by will or by the laws of descent or distribution and
may be exercised during the lifetime of Optionee only by him or her. The terms
of this Option shall be binding upon the executors, administrators, heirs,
successors and assigns of Optionee.

        9. TERM OF OPTION. This Option may be exercised only within the Term set
forth in the Notice of Stock Option Grant, subject to the limitations set forth
in Section 7 of the Plan.

        10. NOTICE OF DISQUALIFYING DISPOSITION OF INCENTIVE STOCK OPTION
SHARES. If the Option granted to Optionee herein is an Incentive Stock Option,
and if Optionee sells or otherwise disposes of any of the Shares acquired
pursuant to the Incentive Stock Option on or before the later of (i) the date
two (2) years after the Date of Grant, or (ii) the date one (1) year after the
date of exercise, Optionee shall immediately notify the Company in writing of
such disposition. Optionee acknowledges and agrees that he or she will be
subject to income tax withholding by the Company on the compensation income
recognized by Optionee from such early disposition, as provided in Section 11.

                                        3

<PAGE>   20

        11. WITHHOLDING TAX OBLIGATIONS. Optionee understands that, upon
exercising a Nonqualified Stock Option, he or she will recognize income for
federal and, where applicable, state income tax purposes in an amount equal to
the excess of the then Fair Market Value of the Shares over the Exercise Price.
However, the timing of this income recognition may be deferred for up to six (6)
months if Optionee is subject to Section 16 of the Securities Exchange Act of
1934, as amended (the "Exchange Act"). If Optionee is or was an employee, the
Company will withhold from Optionee's compensation, or collect from Optionee and
pay to the applicable taxing authorities the tax on such recognized income.
Additionally, Optionee understands that, upon a disqualifying disposition of
Shares acquired upon exercise of an Incentive Stock Option (see Section 10) he
or she will recognize income for federal and, where applicable, state income tax
purposes, in an amount equal to the excess of the amount received upon
disposition of the Shares over the Exercise Price for the Shares. If Optionee is
or was an employee of the Company, the Company will withhold from Optionee's
compensation, or collect from Optionee and pay to the applicable taxing
authorities the tax on such income. Optionee shall satisfy his or her tax
withholding obligation arising upon the exercise of this Option or a
disqualifying disposition of Shares acquired by exercise of this Option (if an
Incentive Stock Option) by one or some combination of the following methods: (a)
by cash payment to the Company, (b) by withholding out of Optionee's current
compensation, (c) if permitted by the Administrator, in its discretion, by
surrendering to the Company Shares which (i) in the case of Shares previously
acquired from the Company, have been owned by Optionee for more than six (6)
months on the date of surrender, and (ii) have a Fair Market Value on the date
of surrender equal to or greater than the tax required to be withheld on account
of such recognized income, or (d) by electing to have the Company withhold from
the Shares to be issued upon exercise of the Option that number of Shares having
a Fair Market Value equal to the amount required to be withheld. For this
purpose, the Fair Market Value of the Shares to be withheld shall be determined
on the date that the amount of tax to be withheld is to be determined (the "Tax
Date").

        If Optionee is subject to Section 16 of the Exchange Act (an "Insider"),
any surrender of previously owned Shares to satisfy tax withholding obligations
arising upon exercise of this Option must comply with the applicable provisions
of Rule 16b-3 promulgated under the Exchange Act ("Rule 16b-3").

        All elections by Optionee to have Shares withheld to satisfy tax
withholding obligations shall be made in writing in a form acceptable to the
Administrator and shall be subject to the following restrictions:

               (a) the election must be made on or prior to the applicable Tax
Date;

               (b) once made, the election shall be irrevocable as to the
particular Shares of the Option as to which the election is made; and

               (c) all elections shall be subject to the consent or disapproval
of the Administrator.

        12. MARKET STANDOFF AGREEMENT. In connection with an initial public
offering of the Company's securities and upon request of the Company or the
underwriters managing any

                                        4

<PAGE>   21

underwritten offering of the Company's securities, Optionee hereby agrees not to
sell, make any short sale of, loan, grant any option for the purchase of, or
otherwise dispose of any Shares(other than those included in the registration)
without the prior written consent of the Company or such underwriters, as the
case may be, for such period of time (not to exceed one hundred eighty (180)
days) from the effective date of such registration as may be requested by the
Company or such managing underwriters and to execute an agreement reflecting the
foregoing as may be requested by the underwriters at the time of the public
offering.

        13. SUBJECT TO PLAN. This Option Agreement shall conform with, and be
subject to, all of the terms and conditions of the Plan. Any conflict or
inconsistency between this Option Agreement and the Plan shall be resolved in
conformity with, and shall be governed by, the Plan.

        This Agreement may be executed in two or more counterparts, each of
which shall be deemed an original and all of which together shall constitute one
document.

                                            SOLUTIONSAMERICA, INC.

                                            By:
                                               ---------------------------------

                                               --------------------------------
                                                    (Print name and title)

        OPTIONEE ACKNOWLEDGES AND AGREES THAT THE RIGHT TO EXERCISE THIS OPTION
AND THE VESTING OF SHARES ACQUIRED BY EXERCISE OF THIS OPTION IS EARNED ONLY BY
CONTINUING EMPLOYMENT OR CONSULTANCY AT THE WILL OF THE COMPANY (NOT THROUGH THE
ACT OF BEING HIRED, BEING GRANTED THIS OPTION OR ACQUIRING SHARES HEREUNDER).
OPTIONEE, FURTHER ACKNOWLEDGES AND AGREES THAT NOTHING IN THIS AGREEMENT, NOR IN
THE COMPANY'S STOCK PLAN WHICH IS INCORPORATED HEREIN BY REFERENCE, SHALL CONFER
UPON OPTIONEE ANY RIGHT WITH RESPECT TO CONTINUATION OF EMPLOYMENT OR
CONSULTANCY BY THE COMPANY, NOR SHALL IT INTERFERE IN ANY WAY WITH OPTIONEE'S
RIGHT OR THE COMPANY'S RIGHT TO TERMINATE OPTIONEE'S EMPLOYMENT OR CONSULTANCY
AT ANY TIME, WITH OR WITHOUT CAUSE.

        Optionee acknowledges receipt of a copy of the Plan and represents that
he or she is familiar with the terms and provisions thereof, and hereby accepts
this Option subject to all of the terms and provisions thereof. Optionee has
reviewed the Plan and this Option in their entirety, has had an opportunity to
obtain the advice of counsel prior to executing this Option and fully
understands all provisions of the Option. Optionee hereby agrees to accept as
binding, conclusive and final all

                                        5

<PAGE>   22

decisions or interpretations of the Administrator upon any questions arising
under the Plan or this Option.

Dated:
      -------------------                    --------------------------

                                        6

<PAGE>   23
                                    EXHIBIT A

                             SOLUTIONSAMERICA, INC.

                                 2000 STOCK PLAN

             EXERCISE NOTICE AND RESTRICTED STOCK PURCHASE AGREEMENT

     This Agreement ("Agreement") is made as of _______________, by and between
SolutionsAmerica, Inc., a Delaware corporation (the "Company"), and
_________________ ("Purchaser"). To the extent any capitalized terms used in
this Agreement are not defined, they shall have the meaning ascribed to them in
the 2000 Stock Plan.

     1.   EXERCISE OF OPTION. Subject to the terms and conditions hereof,
Purchaser hereby elects to exercise his or her option to purchase __________
shares of the Common Stock (the "Shares") of the Company under and pursuant to
the Company's 2000 Stock Plan (the "Plan") and the Stock Option Agreement (the
"Option Agreement") between Purchaser and the Company under the Plan. The
purchase price for the Shares shall be $______ per Share for a total purchase
price of $____________. The term "Shares" refers to the purchased Shares and all
securities received in replacement of the Shares or as stock dividends or
splits, all securities received in replacement of the Shares in a
recapitalization, merger, reorganization, exchange or the like, and all new,
substituted or additional securities or other properties to which Purchaser is
entitled by reason of Purchaser's ownership of the Shares.

     2.   TIME AND PLACE OF EXERCISE. The purchase and sale of the Shares under
this Agreement shall occur at the principal office of the Company simultaneously
with the execution and delivery of this Agreement in accordance with the
provisions of Section 2(b) of the Option Agreement. On such date, the Company
will deliver to Purchaser a certificate representing the Shares to be purchased
by Purchaser (which shall be issued in Purchaser's name) against payment of the
exercise price therefor by Purchaser by any of the following payment methods at
the election of the Administrator: (a) cash, (b) check made payable to the
Company, (c) cancellation of indebtedness of the Company to Purchaser, (d)
delivery of shares of the Common Stock of the Company in accordance with Section
3 of the Option Agreement, or (e) by a combination of the foregoing.

     3.   LIMITATIONS ON TRANSFER. In addition to any other limitation on
transfer created by applicable securities laws, Purchaser shall not assign,
encumber or dispose of any interest in the Shares except in compliance with the
provisions below and applicable securities laws.

          (a)  RIGHT OF FIRST REFUSAL. Before any Shares held by Purchaser or
any transferee of Purchaser (either being sometimes referred to herein as the
"Holder") may be sold or otherwise transferred (including transfer by gift or
operation of law), the Company or its assignee(s) shall have a right of first
refusal to purchase the Shares on the terms and conditions set forth in this
Section 3(a) (the "Right of First Refusal").

                                        1

<PAGE>   24

               (i)  NOTICE OF PROPOSED TRANSFER. The Holder of the Shares shall
deliver to the Company a written notice (the "Notice") stating: (i) the Holder's
bona fide intention to sell or otherwise transfer such Shares; (ii) the name of
each proposed purchaser or other transferee ("Proposed Transferee"); (iii) the
number of Shares to be transferred to each Proposed Transferee; and (iv) the
terms and conditions of each proposed sale or transfer. The Holder shall offer
the Shares at the same price (the "Offered Price") and upon the same terms (or
terms as similar as reasonably possible) to the Company or its assignee(s).

               (ii) EXERCISE OF RIGHT OF FIRST REFUSAL. At any time within
thirty (30) days after receipt of the Notice, the Company and/or its assignee(s)
may, by giving written notice to the Holder (the "Exercise Notice"), elect to
purchase all, but not less than all, of the Shares proposed to be transferred to
any one or more of the Proposed Transferees, at the purchase price determined in
accordance with Section 3(a)(iii) below.

               (iii) PURCHASE PRICE. The purchase price ("Purchase Price") for
the Shares purchased by the Company or its assignee(s) under this Section 3(a)
shall be the Offered Price. If the Offered Price includes consideration other
than cash, the cash equivalent value of the non-cash consideration shall be
determined by the Board of Directors of the Company in good faith.

               (iv) PAYMENT AND TRANSFER OF SHARES. Payment of the Purchase
Price shall be made, at the option of the Company or its assignee(s), in cash,
by check, by cancellation of all or a portion of any outstanding indebtedness of
the Holder to the Company (or, in the case of repurchase by an assignee, to the
assignee), or by any combination thereof on the closing date which shall be on
the date which is thirty (30) days after delivery of the Exercise Notice (the
"Closing Date") or in the manner and at the times set forth in the Exercise
Notice, provided that such time of payment shall be within thirty (30) days
after delivery of the Exercise Notice. On the Closing Date or such date as set
forth in the Exercise Notice, Holder shall deliver the Shares to the Company and
Company shall pay Holder the Purchase Price.

               (v)  HOLDER'S RIGHT TO TRANSFER. If all of the Shares proposed in
the Notice to be transferred to a given Proposed Transferee are not purchased by
the Company and/or its assignee(s) as provided in this Section 3(a), then the
Holder may sell or otherwise transfer such Shares to that Proposed Transferee at
the Offered Price or at a higher price, provided that such sale or other
transfer is consummated within sixty (60) days after the date of the Notice and
provided further that any such sale or other transfer is effected in accordance
with any applicable securities laws and the Proposed Transferee agrees in
writing that the provisions of this Section 3 shall continue to apply to the
Shares in the hands of such Proposed Transferee. If the Shares described in the
Notice are not transferred to the Proposed Transferee within such period, or if
the Holder proposes to change the price or other terms to make them more
favorable to the Proposed Transferee, a new Notice shall be given to the
Company, and the Company and/or its assignees shall again be offered the Right
of First Refusal before any Shares held by the Holder may be sold or otherwise
transferred.

                                        2

<PAGE>   25

               (vi) EXCEPTION FOR CERTAIN FAMILY TRANSFERS. Anything to the
contrary contained in this Section 3(a) notwithstanding, the transfer of any or
all of the Shares during Purchaser's lifetime or on Purchaser's death by will or
intestacy to Purchaser's Immediate Family or a trust for the benefit of
Purchaser's Immediate Family shall be exempt from the provisions of this Section
3(a). "Immediate Family" as used herein shall mean spouse, lineal descendant or
antecedent, father, mother, brother or sister. In such case, the transferee or
other recipient shall receive and hold the Shares so transferred subject to the
provisions of this Agreement, and there shall be no further transfer of such
Shares except in accordance with the terms of this Section 3.

          (b)  INVOLUNTARY TRANSFER.

               (i)  COMPANY'S RIGHT TO PURCHASE UPON INVOLUNTARY TRANSFER. In
the event, at any time after the date of this Agreement, of any transfer by
operation of law or other involuntary transfer (including death or divorce, but
excluding a transfer to Immediate Family as set forth in Section 3(a)(vi) above)
of all or a portion of the Shares by the record holder thereof, the Company
shall have an option to purchase all of the Shares transferred at the greater of
the purchase price paid by Purchaser pursuant to this Agreement or the Fair
Market Value of the Shares on the date of transfer. Upon such a transfer, the
person acquiring the Shares shall promptly notify the Secretary of the Company
in writing of such transfer (the "Secretary's Notice"). Within thirty (30) days
of receipt of the Secretary's Notice, the Company may elect to purchase the
Shares by sending Purchaser and the person acquiring the Shares an Exercise
Notice.

               (ii) PRICE FOR INVOLUNTARY TRANSFER. With respect to any stock to
be transferred pursuant to Section 3(b)(i), the price per Share shall be a price
set by the Board of Directors of the Company that will reflect the current value
of the stock in terms of present earnings and future prospects of the Company.
The Company shall notify Purchaser or his or her executor of the price so
determined in the Exercise Notice. However, if the Purchaser does not agree with
the valuation as determined by the Board of Directors of the Company, the
Purchaser shall be entitled to have the valuation determined by an independent
appraiser to be mutually agreed upon by the Company and the Purchaser and whose
fees shall be borne equally by the Company and the Purchaser. The Purchase Price
for the Shares shall be paid in accordance with Section 3(a)(iv) above.

          (c)  ASSIGNMENT. The right of the Company to purchase any part of the
Shares may be assigned in whole or in part to any stockholder or stockholders of
the Company or other persons or organizations.

          (d)  RESTRICTIONS BINDING ON TRANSFEREES. All transferees of Shares or
any interest therein will receive and hold such Shares or interest subject to
the provisions of this Agreement. Any sale or transfer of the Company's Shares
shall be void unless the provisions of this Agreement are satisfied.

                                        3

<PAGE>   26

          (e)  TERMINATION OF RIGHTS. The rights granted pursuant to Sections
3(a), 3(b) and 3(c) above shall terminate upon the first sale of Common Stock of
the Company to the general public pursuant to a registration statement filed
with and declared effective by the Securities and Exchange Commission under the
Securities Act of 1933, as amended (the "Securities Act"). Upon termination of
the Right of First Refusal described in Section 3(a) above, a new certificate or
certificates representing the Shares not repurchased shall be issued, on
request, without the legend referred to in Section 5(a)(ii) herein and delivered
to Purchaser.

     4.   INVESTMENT AND TAXATION REPRESENTATIONS. In connection with the
purchase of the Shares, Purchaser represents to the Company the following:

          (a)  Purchaser is aware of the Company's business affairs and
financial condition and has acquired sufficient information about the Company to
reach an informed and knowledgeable decision to acquire the securities.
Purchaser is purchasing these securities for investment for his or her own
account only and not with a view to, or for resale in connection with, any
"distribution" thereof within the meaning of the Securities Act.

          (b)  Purchaser understands that the securities have not been
registered under the Securities Act by reason of a specific exemption therefrom,
which exemption depends upon, among other things, the bona fide nature of
Purchaser's investment intent as expressed herein.

          (c)  Purchaser understands that the Shares are "restricted securities"
under applicable U.S. federal and state securities laws and that, pursuant to
these laws, Purchaser must hold the Shares indefinitely unless they are
registered with the Securities and Exchange Commission and qualified by state
authorities, or an exemption from such registration and qualification
requirements is available. Purchaser acknowledges that the Company has no
obligation to register or qualify the Shares for resale. Purchaser further
acknowledges that if an exemption from registration or qualification is
available, it may be conditioned on various requirements including, but not
limited to, the time and manner of sale, the holding period for the Shares, and
requirements relating to the Company which are outside of the Purchaser's
control, and which the Company is under no obligation and may not be able to
satisfy.

          (d)  Purchaser acknowledges that the Shares to be acquired by him or
her are NOT subject to a "substantial risk of forfeiture," as that term is used
in Section 83 of the Code. Accordingly, unless the Shares are acquired by
exercise of an Incentive Stock Option, Purchaser must recognize, as ordinary
income for federal and applicable state income tax purposes, the difference
between the fair market value of the Shares on the date received by Purchaser
and the purchase price paid for the Shares. Purchaser's obligation to pay taxes
required to be withheld on account of this recognized income is set forth in
Section 11 of the Option Agreement. If the Shares are acquired by exercise of an
Incentive Stock Option, Purchaser will not recognize income upon receipt of the
Shares, but will be required to recognize income, and to pay corresponding
withholding taxes, as set forth in Sections 10 and 11 of the Option Agreement.
Purchaser understands that Purchaser may suffer adverse tax consequences as a
result of Purchaser's purchase or disposition of the Shares. Purchaser
represents that Purchaser has

                                        4

<PAGE>   27

consulted any tax consultants Purchaser deems advisable in connection with the
purchase or disposition of the Shares and that Purchaser is not relying on the
Company for any tax advice.

     5.   RESTRICTIVE LEGENDS AND STOP-TRANSFER ORDERS.

          (a)  Legends. The certificate or certificates representing the Shares
shall bear the following legends (as well as any legends required by applicable
state and federal corporate and securities laws):

               (i)  THE SHARES REPRESENTED BY THIS CERTIFICATE HAVE NOT BEEN
                    REGISTERED UNDER THE SECURITIES ACT OF 1933, AND HAVE BEEN
                    ACQUIRED FOR INVESTMENT AND NOT WITH A VIEW TO, OR IN
                    CONNECTION WITH, THE SALE OR DISTRIBUTION THEREOF. NO SUCH
                    SALE OR DISPOSITION MAY BE EFFECTED WITHOUT AN EFFECTIVE
                    REGISTRATION STATEMENT RELATED THERETO OR AN OPINION OF
                    COUNSEL IN A FORM SATISFACTORY TO THE COMPANY THAT SUCH
                    REGISTRATION IS NOT REQUIRED UNDER THE SECURITIES ACT OF
                    1933.

               (ii) THE SHARES REPRESENTED BY THIS CERTIFICATE MAY BE
                    TRANSFERRED ONLY IN ACCORDANCE WITH THE TERMS OF AN
                    AGREEMENT BETWEEN THE COMPANY AND THE STOCKHOLDER, A COPY OF
                    WHICH IS ON FILE WITH THE SECRETARY OF THE COMPANY.

          (b)  STOP-TRANSFER NOTICES. Purchaser agrees that, in order to ensure
compliance with the restrictions referred to herein, the Company may issue
appropriate "stop transfer" instructions to its transfer agent, if any, and
that, if the Company transfers its own securities, it may make appropriate
notations to the same effect in its own records.

          (c)  REFUSAL TO TRANSFER. The Company shall not be required (i) to
transfer on its books any Shares that have been sold or otherwise transferred in
violation of any of the provisions of this Agreement or (ii) to treat as owner
of such Shares or to accord the right to vote or pay dividends to any purchaser
or other transferee to whom such Shares shall have been so transferred.

     6.   NO EMPLOYMENT RIGHTS. Nothing in this Agreement shall affect in any
manner whatsoever the right or power of the Company, or a parent or subsidiary
of the Company, to terminate Purchaser's employment, for any reason, with or
without cause.

     7.   MARKET STAND-OFF AGREEMENT. In connection with the initial public
offering of the Company's securities and upon request of the Company or the
underwriters managing any underwritten offering of the Company's securities,
Purchaser agrees not to sell, make any short

                                        5

<PAGE>   28

sale of, loan, grant any option for the purchase of, or otherwise dispose of any
Shares (other than those included in the registration) without the prior written
consent of the Company or such underwriters, as the case may be, for such period
of time (not to exceed one hundred eighty (180) days) from the effective date of
such registration as may be requested by the Company or such managing
underwriters and to execute an agreement reflecting the foregoing as may be
requested by the underwriters at the time of the public offering.

     8.   MISCELLANEOUS.

          (a)  GOVERNING LAW. This Agreement and all acts and transactions
pursuant hereto and the rights and obligations of the parties hereto shall be
governed, construed and interpreted in accordance with the laws of the State of
California, without giving effect to principles of conflicts of law.

          (b)  ENTIRE AGREEMENT; ENFORCEMENT OF RIGHTS. This Agreement sets
forth the entire agreement and understanding of the parties relating to the
subject matter herein and merges all prior discussions between them. No
modification of or amendment to this Agreement, nor any waiver of any rights
under this Agreement, shall be effective unless in writing signed by the parties
to this Agreement. The failure by either party to enforce any rights under this
Agreement shall not be construed as a waiver of any rights of such party.

          (c)  SEVERABILITY. If one or more provisions of this Agreement are
held to be unenforceable under applicable law, the parties agree to renegotiate
such provision in good faith. In the event that the parties cannot reach a
mutually agreeable and enforceable replacement for such provision, then (i) such
provision shall be excluded from this Agreement, (ii) the balance of the
Agreement shall be interpreted as if such provision were so excluded and (iii)
the balance of the Agreement shall be enforceable in accordance with its terms.

          (d)  CONSTRUCTION. This Agreement is the result of negotiations
between and has been reviewed by each of the parties hereto and their respective
counsel, if any; accordingly, this Agreement shall be deemed to be the product
of all of the parties hereto, and no ambiguity shall be construed in favor of or
against any one of the parties hereto.

          (e)  NOTICES. Any notice required or permitted by this Agreement shall
be in writing and shall be deemed sufficient when delivered personally or sent
by telegram or fax or forty-eight (48) hours after being deposited in the U.S.
mail, as certified or registered mail, with postage prepaid, and addressed to
the party to be notified at such party's address as set forth below or as
subsequently modified by written notice.

          (f)  COUNTERPARTS. This Agreement may be executed in two or more
counterparts, each of which shall be deemed an original and all of which
together shall constitute one instrument.

          (g)  SUCCESSORS AND ASSIGNS. The rights and benefits of this Agreement
shall inure to the benefit of, and be enforceable by the Company's successors
and assigns. The rights

                                        6

<PAGE>   29

and obligations of Purchaser under this Agreement may only be assigned with the
prior written consent of the Company.

          (h)  CALIFORNIA CORPORATE SECURITIES LAW. THE SALE OF THE SECURITIES
WHICH ARE THE SUBJECT OF THIS AGREEMENT HAS NOT BEEN QUALIFIED WITH THE
COMMISSIONER OF CORPORATIONS OF THE STATE OF CALIFORNIA AND THE ISSUANCE OF THE
SECURITIES OR THE PAYMENT OR RECEIPT OF ANY PART OF THE CONSIDERATION THEREFOR
PRIOR TO THE QUALIFICATION IS UNLAWFUL, UNLESS THE SALE OF SECURITIES IS EXEMPT
FROM QUALIFICATION BY SECTION 25100, 25102 OR 25105 OF THE CALIFORNIA
CORPORATIONS CODE. THE RIGHTS OF ALL PARTIES TO THIS AGREEMENT ARE EXPRESSLY
CONDITIONED UPON THE QUALIFICATION BEING OBTAINED, UNLESS THE SALE IS SO EXEMPT.

     The parties have executed this Exercise Notice and Restricted Stock
Purchase Agreement as of the date first set forth above.

                                 COMPANY:

                                 SolutionsAmerica, Inc., a Delaware corporation

                                 By:
                                     -----------------------------------------

                                 Its:
                                     -----------------------------------------

                                 PURCHASER:

                                 ---------------------------------------------
                                 (Signature)

                                 ---------------------------------------------
                                 (Print Name)

                                 Address:

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

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

                                        7

<PAGE>   30

                                 SPOUSAL CONSENT

I, ____________________, spouse of ____________, have read and hereby approve
the foregoing Agreement. In consideration of the Company's granting my spouse
the right to purchase the Shares as set forth in the Agreement, I hereby agree
to be bound irrevocably by the Agreement and further agree that any community
property or similar interest that I may have in the Shares shall hereby be
similarly bound by the Agreement. I hereby appoint my spouse as my
attorney-in-fact with respect to any amendment or exercise of any rights under
the Agreement.

                                     -----------------------------------------
                                     Spouse of
                                               -------------------------------

                                       8
<PAGE>   31

                                     RECEIPT

     The undersigned hereby acknowledges receipt of Certificate No. _____ for
shares of Common Stock of SolutionsAmerica, a Delaware corporation (the
"Company").

Dated:
       ---------------------                ----------------------------------

                                       9
<PAGE>   32

                                     RECEIPT

     SolutionsAmerica, Inc., a Delaware corporation (the "Company") hereby
acknowledges receipt of a check in the amount of $_______________ given by
______________________ as consideration for Certificate No. _________ for
__________ shares of Common Stock of SolutionsAmerica, Inc., a Delaware
corporation.

Dated:                           SolutionsAmerica, Inc., a Delaware corporation
       ---------------------

                                 By:
                                     ----------------------------------------

                                 Name:
                                       --------------------------------------
                                         (Print)

                                 Title:
                                        -------------------------------------

                                       10

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