Document:

EXHIBIT 4.1

                       PROTOCALL TECHNOLOGIES INCORPORATED

NO._____                                                            _____ SHARES

                        WARRANT TO PURCHASE COMMON STOCK

                     VOID AFTER 5:30 P.M., EASTERN STANDARD
                          TIME, ON THE EXPIRATION DATE

THIS WARRANT AND ANY SHARES ACQUIRED UPON THE EXERCISE OF THIS WARRANT HAVE
NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE "ACT"),
AND MAY NOT BE SOLD, PLEDGED, HYPOTHECATED, DONATED OR OTHERWISE TRANSFERRED
WITHOUT COMPLIANCE WITH THE REGISTRATION OR QUALIFICATION PROVISIONS OF
APPLICABLE FEDERAL AND STATE SECURITIES LAWS OR APPLICABLE EXEMPTIONS THEREFROM.

         FOR VALUE RECEIVED, PROTOCALL TECHNOLOGIES INCORPORATED, a New York
corporation _____________________________ (the "Company"), hereby agrees to sell
upon the terms and on the conditions hereinafter set forth, but no later than
5:30 p.m., Eastern Standard Time, on the Expiration Date (as hereinafter
defined) to ______________________, or registered assigns (the "Holder"), under
the terms as hereinafter set forth, _____________________ (__________) fully
paid and non-assessable shares of the Company's Common Stock, par value $.001
per share (the "Warrant Stock"), at a purchase price per share of $1.50 (the
"Warrant Price"), pursuant to this warrant (this "Warrant"). The number of
shares of Warrant Stock to be so issued and the Warrant Price are subject to
adjustment in certain events as hereinafter set forth. The term "Common Stock"
shall mean, when used herein, unless the context otherwise requires, the stock
and other securities and property at the time receivable upon the exercise of
this Warrant.

         This Warrant is one of a series of the Company's bridge investor
warrants to purchase common stock (collectively, the "Warrants"). Capitalized
terms used and not otherwise defined herein shall have the respective meanings
attributed thereto in Section 9.

              1. Exercise of Warrant.

                 (a) The Holder may exercise this Warrant according to its
terms by surrendering this Warrant to the Company at the address set forth in
Section 10, the subscription form attached hereto having then been duly executed
by the Holder, accompanied by cash, certified check or bank draft in payment of
the purchase price, in lawful money of the United States of America, for the
number of shares of the Warrant Stock specified in the subscription form, or as
otherwise provided in this Warrant prior to 5:30 p.m., Eastern Standard Time, on
______________, 2007 (the "Expiration Date").

<PAGE>

                 (b) This Warrant may be exercised in whole or in part so long
as any exercise in part hereof would not involve the issuance of fractional
shares of Warrant Stock. If exercised in part, the Company shall deliver to the
Holder a new Warrant, identical in form, in the name of the Holder, evidencing
the right to purchase the number of shares of Warrant Stock as to which this
Warrant has not been exercised, which new Warrant shall be signed by an
appropriate officer of the Company. The term Warrant as used herein shall
include any subsequent Warrant issued as provided herein.

                 (c) No fractional shares or scrip representing fractional
shares shall be issued upon the exercise of this Warrant. The Company shall pay
cash in lieu of fractions with respect to the Warrants based upon the fair
market value of such fractional shares of Common Stock (which shall be the
closing price of such shares on the exchange or market on which the Common Stock
is then traded) at the time of exercise of this Warrant.

                 (d) In the event of any exercise of the rights represented by
this Warrant, a certificate or certificates for the Warrant Stock so purchased,
registered in the name of the Holder, shall be delivered to the Holder within a
reasonable time after such rights shall have been so exercised. The person or
entity in whose name any certificate for the Warrant Stock is issued upon
exercise of the rights represented by this Warrant shall for all purposes be
deemed to have become the holder of record of such shares immediately prior to
the close of business on the date on which the Warrant was surrendered and
payment of the Warrant Price and any applicable taxes was made, irrespective of
the date of delivery of such certificate, except that, if the date of such
surrender and payment is a date when the stock transfer books of the Company are
closed, such person shall be deemed to have become the holder of such shares at
the opening of business on the next succeeding date on which the stock transfer
books are open. Except as provided in Section 4 hereof, the Company shall pay
any and all documentary stamp or similar issue or transfer taxes payable in
respect of the issue or delivery of shares of Common Stock on exercise of this
Warrant.

              2.  Disposition of Warrant Stock and Warrant.

                  (a) The Holder hereby acknowledges that this Warrant and any
Warrant Stock purchased pursuant hereto are not being registered (i) under the
Act on the ground that the issuance of this Warrant is exempt from registration
under Section 4(2) of the Act as not involving any public offering or (ii) under
any applicable state securities law because the issuance of this Warrant does
not involve any public offering; and that the Company's reliance on the Section
4(2) exemption of the Act and under applicable state securities laws is
predicated in part on the representations hereby made to the Company by the
Holder that it is acquiring this Warrant and will acquire the Warrant Stock for
investment for its own account, with no present intention of dividing its
participation with others or reselling or otherwise distributing the same,
subject, nevertheless, to any requirement of law that the disposition of its
property shall at all times be within its control.

<PAGE>

                 The Holder hereby agrees that, until such time as the Warrant
Stock is covered by an effective registration statement or may be sold pursuant
to Rule 144(k) under the Act, it will not sell or transfer all or any part of
this Warrant and/or Warrant Stock unless and until it shall first have given
notice to the Company describing such sale or transfer and furnished to the
Company either (i) an opinion, reasonably satisfactory to counsel for the
Company, of counsel (skilled in securities matters, selected by the Holder and
reasonably satisfactory to the Company) to the effect that the proposed sale or
transfer may be made without registration under the Act and without registration
or qualification under any state law or (ii) an interpretative letter from the
Securities and Exchange Commission to the effect that no enforcement action will
be recommended if the proposed sale or transfer is made without registration
under the Act.

                 (b) If, at the time of issuance of the shares issuable upon
exercise of this Warrant, no registration statement is in effect with respect to
such shares under applicable provisions of the Act, the Company may at its
election require that the Holder provide the Company with written reconfirmation
of the Holder's investment intent and that any stock certificate delivered to
the Holder of a surrendered Warrant shall bear legends reading substantially as
follows:

          "TRANSFER OF THE SHARES REPRESENTED BY THIS CERTIFICATE IS
          SUBJECT TO CERTAIN RESTRICTIONS SET FORTH IN THE WARRANT
          PURSUANT TO WHICH THESE SHARES WERE PURCHASED FROM THE
          COMPANY. COPIES OF THOSE RESTRICTIONS ARE ON FILE AT THE
          PRINCIPAL OFFICES OF THE COMPANY, AND NO TRANSFER OF SUCH
          SHARES OR OF THIS CERTIFICATE, OR OF ANY SHARES OR OTHER
          SECURITIES (OR CERTIFICATES THEREFOR) ISSUED IN EXCHANGE FOR
          OR IN RESPECT OF SUCH SHARES, SHALL BE EFFECTIVE UNLESS AND
          UNTIL THE TERMS AND CONDITIONS THEREIN SET FORTH SHALL HAVE
          BEEN COMPLIED WITH."

          "THE SHARES REPRESENTED BY THIS CERTIFICATE HAVE NOT BEEN
          REGISTERED UNDER THE SECURITIES ACT OF 1933, AND MAY NOT BE
          SOLD, TRANSFERRED, PLEDGED OR OTHERWISE DISPOSED OF IN THE
          ABSENCE OF AN EFFECTIVE REGISTRATION STATEMENT UNDER THE
          SECURITIES ACT OF 1933 OR AN OPINION OF COUNSEL SATISFACTORY
          TO THE ISSUER OF THIS CERTIFICATE THAT REGISTRATION IS NOT
          REQUIRED UNDER SAID ACT."

In addition, so long as the foregoing legend may remain on any stock certificate
delivered to the Holder, the Company may maintain appropriate "stop transfer"
orders with respect

<PAGE>

to such certificates and the shares represented thereby on
its books and records and with those to whom it may delegate registrar and
transfer functions.

              3.  Reservation of Shares. The Company hereby agrees that at
all times there shall be reserved for issuance upon the exercise of this Warrant
such number of shares of its Common Stock as shall be required for issuance upon
exercise of this Warrant. The Company further agrees that all shares which may
be issued upon the exercise of the rights represented by this Warrant will be
duly authorized and will, upon issuance and against payment of the exercise
price, be validly issued, fully paid and non-assessable, free from all taxes,
liens, charges and preemptive rights with respect to the issuance thereof, other
than taxes, if any, in respect of any transfer occurring contemporaneously with
such issuance and other than transfer restrictions imposed by federal and state
securities laws.

              4.  Exchange, Transfer, Assignment or Loss of Warrant. This
Warrant is exchangeable, without expense, at the option of the Holder, upon
presentation and surrender hereof to the Company or at the office of its stock
transfer agent, if any, for other Warrants of different denominations, entitling
the Holder or Holders thereof to purchase in the aggregate the same number of
shares of Common Stock purchasable hereunder. Upon surrender of this Warrant to
the Company or at the office of its stock transfer agent, if any, with the
Assignment Form annexed hereto duly executed and funds sufficient to pay any
transfer tax, the Company shall, without charge, execute and deliver a new
Warrant in the name of the assignee named in such instrument of assignment and
this Warrant shall promptly be canceled. This Warrant may be divided or combined
with other Warrants that carry the same rights upon presentation hereof at the
office of the Company or at the office of its stock transfer agent, if any,
together with a written notice specifying the names and denominations in which
new Warrants are to be issued and signed by the Holder hereof.

              5.  Capital Adjustments. This Warrant is subject to the
following further provisions:

                  (a)  Recapitalization, Reclassification and Succession. If any
recapitalization of the Company or reclassification of its Common Stock or any
merger or consolidation of the Company into or with a corporation or other
business entity, or the sale or transfer of all or substantially all of the
Company's assets or of any successor corporation's assets to any other
corporation or business entity (any such corporation or other business entity
being included within the meaning of the term "successor corporation") shall be
effected, at any time while this Warrant remains outstanding and unexpired,
then, as a condition of such recapitalization, reclassification, merger,
consolidation, sale or transfer, lawful and adequate provision shall be made
whereby the Holder of this Warrant thereafter shall have the right to receive
upon the exercise hereof as provided in Section 1 and in lieu of the shares of
Common Stock immediately theretofore issuable upon the exercise of this Warrant,
such shares of capital stock, securities or other property as may be issued or
payable with respect to or in exchange for a number of outstanding shares of
Common Stock equal to the number of shares of Common Stock immediately
theretofore issuable upon the exercise of this Warrant had

<PAGE>

such recapitalization, reclassification, merger, consolidation, sale or transfer
not taken place, and in each such case, the terms of this Warrant shall be
applicable to the shares of stock or other securities or property receivable
upon the exercise of this Warrant after such consummation.

                  (b)  Subdivision or Combination of Shares. If the Company at
any time while this Warrant remains outstanding and unexpired shall subdivide or
combine its Common Stock, the number of shares of Warrant Stock purchasable upon
exercise of this Warrant and the Warrant Price shall be proportionately
adjusted.

                  (c)  Stock Dividends and Distributions. If the Company at any
time while this Warrant is outstanding and unexpired shall issue or pay the
holders of its Common Stock, or take a record of the holders of its Common Stock
for the purpose of entitling them to receive, a dividend payable in, or other
distribution of, Common Stock, then (i) the Warrant Price shall be adjusted in
accordance with Section 5(e) and (ii) the number of shares of Warrant Stock
purchasable upon exercise of this Warrant shall be adjusted to the number of
shares of Common Stock that Holder would have owned immediately following such
action had this Warrant been exercised immediately prior thereto.

                  (d)  Stock and Rights Offering to Shareholders. If at any time
after the date of issuance of this Warrant, the Company shall issue or sell, or
fix a record date for the purposes of entitling holders of its Common Stock to
receive, (i) Common Stock or (ii) rights, options or warrants entitling the
holders thereof to subscribe for or purchase Common Stock (or securities
convertible or exchangeable into or exercisable for Common Stock), in any such
case, at a price per share (or having a conversion, exchange or exercise price
per share) that is less than the closing price per share of the Company's Common
Stock on the principal national securities exchange on which the Common Stock is
listed or admitted to trading or, if not listed or traded on any such exchange,
on the National Market or SmallCap Market of the National Association of
Securities Dealers Automated Quotations System ("Nasdaq"), or if not listed or
traded on any such exchange or system, the average of the bid and asked price
per share on Nasdaq or, if such quotations are not available, the fair market
value per share of the Company's Common Stock as reasonably determined by the
Board of Directors of the Company (the "Closing Price") on the date of such
issuance or sale or on such record date then, immediately after the date of such
issuance or sale or on such record date, (x) the Warrant Price shall be adjusted
in accordance with Section 5(e), and (y) the number of shares of Warrant Stock
purchasable upon exercise of this Warrant shall be adjusted to that number
determined by multiplying the number of shares of Warrant Stock purchasable upon
exercise of this Warrant immediately before the date of such issuance or sale or
such record date by a fraction, the denominator of which will be the number of
shares of Common Stock outstanding on such date plus the number of shares of
Common Stock that the aggregate offering price of the total number of shares so
offered for subscription or purchase (or the aggregate initial conversion price,
exchange price or exercise price of the convertible securities or exchangeable
securities or rights, options or warrants, as the case may be, so offered) would
purchase at such Closing Price, and the numerator of which will be the number of
shares of Common Stock outstanding on such date plus the

<PAGE>

number of additional shares of Common Stock offered for subscription or purchase
(or into which the convertible or exchangeable securities or rights, options or
warrants so offered are initially convertible or exchangeable or exercisable,
as the case may be).

                 If the Company shall at any time after the date of issuance of
this Warrant distribute to all holders of its Common Stock any shares of capital
stock of the Company (other than Common Stock) or evidences of its indebtedness
or assets (excluding cash dividends or distributions paid from retained earnings
or current year's or prior year's earnings of the Company) or rights or warrants
to subscribe for or purchase any of its securities (excluding those referred to
in the immediately preceding paragraph) (any of the foregoing being hereinafter
in this paragraph called the "Securities"), then in each such case, the Company
shall reserve shares or other units of such securities for distribution to the
Holder upon exercise of this Warrant so that, in addition to the shares of the
Common Stock to which such Holder is entitled, such Holder will receive upon
such exercise the amount and kind of such Securities which such Holder would
have received if the Holder had, immediately prior to the record date for the
distribution of the Securities, exercised this Warrant.

                 (e)  Warrant Price Adjustment. Whenever the number of shares of
Warrant Stock purchasable upon exercise of this Warrant is adjusted, as herein
provided, the Warrant Price payable upon the exercise of this Warrant shall be
adjusted to that price determined by multiplying the Warrant Price immediately
prior to such adjustment by a fraction (i) the numerator of which shall be the
number of shares of Warrant Stock purchasable upon exercise of this Warrant
immediately prior to such adjustment, and (ii) the denominator of which shall be
the number of shares of Warrant Stock purchasable upon exercise of this Warrant
immediately thereafter.

                 (f)  Certain Shares Excluded. The number of shares of Common
Stock outstanding at any given time for purposes of the adjustments set forth in
this Section 5 shall exclude any shares then directly or indirectly held in the
treasury of the Company.

                 (g)  Deferral and Cumulation of De Minimis Adjustments. The
Company shall not be required to make any adjustment pursuant to this Section 5
if the amount of such adjustment would be less than one percent (1%) of the
Warrant Price in effect immediately before the event that would otherwise have
given rise to such adjustment. In such case, however, any adjustment that would
otherwise have been required to be made shall be made at the time of and
together with the next subsequent adjustment which, together with any adjustment
or adjustments so carried forward, shall amount to not less than one percent
(1%) of the Warrant Price in effect immediately before the event giving rise to
such next subsequent adjustment.

                 (h)  Duration of Adjustment. Following each computation or
readjustment as provided in this Section 5, the new adjusted Warrant Price and
number of shares of Warrant Stock purchasable upon exercise of this Warrant
shall remain in effect until a further computation or readjustment thereof is
required.

<PAGE>

              6.  Notice to Holders.

                  (a)  Notice of Record Date. In case:

                       (i) the Company shall take a record of the holders of
               its Common Stock (or other stock or securities at the time
               receivable upon the exercise of this Warrant) for the purpose of
               entitling them to receive any dividend (other than a cash
               dividend payable out of earned surplus of the Company) or other
               distribution, or any right to subscribe for or purchase any
               shares of stock of any class or any other securities, or to
               receive any other right;

                       (ii) of any capital reorganization of the Company, any
               reclassification of the capital stock of the Company, any
               consolidation with or merger of the Company into another
               corporation, or any conveyance of all or substantially all of the
               assets of the Company to another corporation; or

                       (iii) of any voluntary dissolution, liquidation or
               winding-up of the Company;

then, and in each such case, the Company will mail or cause to be mailed to the
Holder hereof at the time outstanding a notice specifying, as the case may be,
(i) the date on which a record is to be taken for the purpose of such dividend,
distribution or right, and stating the amount and character of such dividend,
distribution or right, or (ii) the date on which such reorganization,
reclassification, consolidation, merger, conveyance, dissolution, liquidation or
winding-up is to take place, and the time, if any, is to be fixed, as of which
the holders of record of Common Stock (or such stock or securities at the time
receivable upon the exercise of this Warrant) shall be entitled to exchange
their shares of Common Stock (or such other stock or securities) for securities
or other property deliverable upon such reorganization, reclassification,
consolidation, merger, conveyance, dissolution or winding-up. Such notice shall
be mailed at least thirty (30) days prior to the record date therein specified,
or if no record date shall have been specified therein, at least thirty (30)
days prior to such specified date.

                 (b) Certificate of Adjustment. Whenever any adjustment shall
be made pursuant to Section 5 hereof, the Company shall promptly make a
certificate signed by its Chairman and Chief Executive Officer, its President or
a Vice President and by its Treasurer or Assistant Treasurer or its Secretary or
Assistant Secretary, setting forth in reasonable detail the event requiring the
adjustment, the amount of the adjustment, the method by which such adjustment
was calculated and the Warrant Price and number of shares of Warrant Stock
purchasable upon exercise of this Warrant after giving effect to such
adjustment, and shall promptly cause copies of such certificates to be mailed
(by first class mail, postage prepaid) to the Holder of this Warrant.

              7. Loss, Theft, Destruction or Mutilation. Upon receipt by the
Company of evidence satisfactory to it, in the exercise of its reasonable
discretion, of the

<PAGE>

ownership and the loss, theft, destruction or mutilation of this Warrant and,
in the case of loss, theft or destruction, of indemnity reasonably satisfactory
to the Company and, in the case of mutilation, upon surrender and cancellation
thereof, the Company will execute and deliver in lieu thereof, without expense
to the Holder, a new Warrant of like tenor dated the date hereof.

              8.  Warrant Holder Not a Stockholder. The Holder of this
Warrant, as such, shall not be entitled by reason of this Warrant to any rights
whatsoever as a stockholder of the Company.

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

                  (a) "Affiliate": with respect to any Person, the following:
(i) any other Person that at such time directly or indirectly through one or
more intermediaries controls, or is controlled by or is under common control
with such first Person or (ii) any Person beneficially owning or holding,
directly or indirectly, 10% or more of any class of voting or equity interests
of the Company or any Subsidiary or any corporation of which the Company and its
Subsidiaries beneficially own or hold, in the aggregate, directly or indirectly,
10% of more of any class of voting or equity interests. As used in such
definition, "controls," "controlled by" and "under common control," as used with
respect to an Person, shall mean the possession, directly or indirectly, of the
power to direct or cause the direction of the management policies of such
Person, whether through the ownership of voting securities, by agreement or
otherwise.

                  (b) "Person": any natural person, corporation, division of a
corporation, partnership, limited liability company, trust, joint venture,
association, company, estate, unincorporated organization or government or any
agency or political subdivision thereof.

                  (c) "Subsidiaries": with respect to any Person, any
corporation, association or other business entity (whether now existing or
hereafter organized) of which at least a majority of the securities or other
ownership interests having ordinary voting power for the election of directors
is, at the time as of which any determination is being made, owned or controlled
by such Person or one or more subsidiaries of such Person.

              10. Notices. Any notice required or contemplated by this
Warrant shall be deemed to have been duly given if transmitted by registered or
certified mail, return receipt requested, to the Company at 47 Mall Drive,
Commack, New York 11725-5717, Attention: President, or to the Holder at the name
and address set forth in the Warrant Register maintained by the Company.

              11. Choice of Law. THIS WARRANT IS ISSUED UNDER AND SHALL FOR
ALL PURPOSES BE GOVERNED BY AND CONSTRUED IN

ACCORDANCE WITH THE LAWS OF THE STATE OF NEW YORK, WITHOUT GIVING EFFECT TO ITS
CONFLICTS OF LAW RULES.

              IN WITNESS WHEREOF, the Company has duly caused this Warrant
to be signed on its behalf, in its corporate name and by its duly authorized
officers, as of this ____ day of _______________ 2004.

                                        PROTOCALL TECHNOLOGIES INCORPORATED

                                        By:
                                           -------------------------------------
                                           Name:  Bruce Newman
                                           Title: President and Chief Executive
                                                  OfficerEXHIBIT 10.2

                     _______________________________________

                       PROTOCALL TECHNOLOGIES INCORPORATED

                             2004 STOCK OPTION PLAN

                     _______________________________________

     1.  Purpose. The purpose of this Plan is to advance the interests of
Protocall Technologies Incorporated (formerly Quality Exchange, Inc.), a Nevada
corporation (the "Company"), and its Related Entities by providing an additional
incentive to attract and retain qualified and competent persons who provide
services to the Company and its Related Entities, and upon whose efforts and
judgment the success of the Company and its Related Entities is largely
dependent, through the encouragement of stock ownership in the Company by such
persons.

     2.  Definitions. As used herein, the following terms shall have the
meanings indicated:

         (a) "Board" shall mean the Board of Directors of the Company.

         (b) "Cause" shall, with respect to any Optionee, have the equivalent
meaning (or the same meaning as "cause" or "for cause") set forth in any
employment agreement, consulting, or other agreement for the performance of
services between the Optionee, and the Company or a Related Entity or, in the
absence of any such agreement or any such definition in such agreement, such
term shall mean (i) the failure by the Optionee to perform, in a reasonable
manner, his or her duties as assigned by the Company or a Related Entity, (ii)
any violation or breach by the Optionee of his or her employment agreement,
consulting or other similar agreement with the Company or a Related Entity, if
any, (iii) any violation or breach by the Optionee of any non-competition,
non-solicitation, non-disclosure and/or other similar agreement with the Company
or a Related Entity, (iv) any act by the Optionee of dishonesty or bad faith
with respect to the Company (or a Related Entity), (v) use of alcohol, drugs or
other similar substances in a manner that adversely affects the Optionee's work
performance, or (vi) the commission by the Optionee of any act, misdemeanor, or
crime reflecting unfavorably upon the Optionee or the Company or any Related
Entity. The good faith determination by the Committee of whether the Optionee's
Continuous Service was terminated by the Company for "Cause" shall be final and
binding for all purposes hereunder.

         (c) "Code" shall mean the Internal Revenue Code of 1986, as amended
from time to time.

         (d) "Committee" means a committee designated by the Board to
administer the Plan; provided, however, that if the Board fails to designate a
committee or if there are no longer any members on the committee so designated
by the Board, then the Board shall serve as the Committee. The Committee shall
consist of at least two directors, and each member of the Committee shall be (i)
a "non-employee director" within the meaning of Rule 16b-3 (or any

<PAGE>

successor rule) under the Exchange Act, unless administration of the Plan by
"non-employee directors" is not then required in order for exemptions under
Rule 16b-3 to apply to transactions under the Plan, (ii) an "outside director"
within the meaning of Section 162(m) of the Code, and (iii) "Independent."

         (e) "Common Stock" shall mean the Company's common stock, par value
$.001 per share.

         (f) "Company" shall mean Protocall Technologies Incorporated (formerly
Quality Exchange, Inc.), a Nevada corporation.

         (g) "Consultant" shall mean any person (other than an Employee or a
Director, solely with respect to rendering services in such person's capacity as
a Director) who is engaged by the Company or any Related Entity to render
consulting or advisory services to the Company or such Related Entity.

         (h) "Continuous Service" shall mean the continuous service to the
Company or any Related Entity, without interruption or termination, in any
capacity of Employee, Director or Consultant. Continuous Service shall not be
considered interrupted in the case of (i) any approved leave of absence, (ii)
transfers among the Company, any Related Entity, or any successor, in any
capacity of Employee, Director or Consultant, or (iii) any change in status as
long as the individual remains in the service of the Company or any Related
Entity in any capacity of Employee, Director or Consultant (except as otherwise
provided in the Option Agreement). An approved leave of absence shall include
sick leave, military leave, or any other authorized personal leave.

          (i) "Director" shall mean a member of the Board or the board of
directors of any Related Entity.

          (j) "Disability" means a permanent and total disability (within the
meaning of Section 22(e) of the Code), as determined by a medical doctor
satisfactory to the Committee.

          (k) "Effective Date" shall mean July 22, 2004.

          (l) "Employee" shall mean any person, including an officer or
Director, who is an employee of the Company or any Related Entity. The payment
of a Director's normal compensation and fee (as applicable to all Directors or
Committee members, as the case may be) by the Company or a Related Entity shall
not be sufficient to constitute "employment" by the Company.

          (m) "Fair Market Value" of a Share on any date of reference shall mean
the "Closing Price" (as defined below) of the Common Stock on the business day
immediately preceding the date of reference, unless the Committee in its sole
discretion shall determine otherwise in a fair and uniform manner. For the
purpose of determining Fair Market Value, the "Closing Price" of the Common
Stock on any business day shall be (i) if the Common Stock is listed or admitted
for trading on any United States national securities exchange, or if actual
transactions are otherwise reported on a consolidated transaction reporting
system, the last

                                       2
<PAGE>

reported sale price of Common Stock on such exchange or reporting system, as
reported in any newspaper of general circulation, (ii) if the Common Stock is
quoted on the National Association of Securities Dealers Automated Quotations
System ("Nasdaq"), or any similar system of automated dissemination of
quotations of securities prices in common use, the last reported sale price of
Common Stock on such system or, if sales prices are not reported, the mean
between the closing high bid and low asked quotations for such day of Common
Stock on such system, as reported in any newspaper of general circulation or
(iii) if neither clause (i) or (ii) is applicable, the mean between the high bid
and low asked quotations for the Common Stock as reported by the National
Quotation Bureau, Incorporated if at least two securities dealers have inserted
both bid and asked quotations for Common Stock on at least five of the ten
preceding days. If neither (i), (ii), or (iii) above is applicable, then Fair
Market Value shall be determined by the Committee in a fair and uniform manner.

          (n) "Incentive Stock Option" shall mean an incentive stock option as
defined in Section 422 of the Internal Revenue Code.

          (o) "Independent," when referring to either the Board or members of
the Committee, shall have the same meaning as used in the rules of the Nasdaq
Stock Market, the American Stock Exchange or any national securities exchange on
which any securities of the Company are listed for trading, and if not listed
for trading, by the rules of Nasdaq Stock Market.

          (p) "Non-Qualified Stock Option" shall mean an Option that is not an
Incentive Stock Option.

          (q) "Option" (when capitalized) shall mean any option granted under
this Plan.

          (r) "Option Agreement" shall mean the agreement between the Company
and the Optionee for the grant of an option.

          (s) "Optionee" shall mean a person to whom a stock option is granted
under this Plan or any person who succeeds to the rights of such person under
this Plan by reason of the death of such person.

          (t) "Person" shall have the meaning ascribed to such term in Section
3(a)(9) of the Securities Exchange Act and used in Sections 13(d) and 14(d)
thereof, and shall include a "group" as defined in Section 13(d) thereof.

          (u) "Plan" shall mean this 2004 Stock Option Plan for the Company.

          (v) "Related Entity" shall mean any Subsidiary, and any business,
corporation, partnership, limited liability company or other entity in which the
Company or a Subsidiary holds a substantial ownership interest, directly or
indirectly.

          (w) "Securities Exchange Act" shall mean the Securities Exchange Act
of 1934, as amended from time to time.

          (x) "Share" shall mean a share of Common Stock.

                                       3

<PAGE>

          (y) "Subsidiary" shall mean any corporation or other entity in which
the Company has a direct or indirect ownership interest of 50% or more of the
total combined voting power of the then outstanding securities or interests of
such corporation or other entity entitled to vote generally in the election of
directors or in which the Company has the right to receive 50% or more of the
distribution of profits or 50% or more of the assets on liquidation or
dissolution.

     3.   Shares Available for Option Grants. The Committee may grant to
Optionees from time to time Options to purchase an aggregate of up to One
Million (1,000,000) Shares from the Company's authorized and unissued Shares. If
any Option granted under the Plan shall terminate, expire, or be canceled or
surrendered as to any Shares, new Options may thereafter be granted covering
such Shares.

     4.   Incentive and Non-Qualified Options.

          (a) An Option granted hereunder shall be either an Incentive Stock
Option or a Non-Qualified Stock Option as determined by the Committee at the
time of grant of the Option and the Option Agreement relating to the Option
shall clearly state whether it is an Incentive Stock Option or a Non-Qualified
Stock Option. All Incentive Stock Options shall be granted within 10 years from
the Effective Date. Incentive Stock Options may not be granted to any person who
is not an Employee of the Company or a Related Entity.

          (b) Options otherwise qualifying as Incentive Stock Options hereunder
will not be treated as Incentive Stock Options to the extent that the aggregate
fair market value (determined at the time the Option is granted) of the Shares
with respect to which Options meeting the requirements of Section 422(b) of the
Code are exercisable for the first time by any individual during any calendar
year (under all plans of the Company and its parent corporation or subsidiary
corporation, as those terms are defined in Sections 424(e) and (f) of the Code,
respectively, exceeds $100,000.

     5.   Conditions for Grant of Options.

          (a) Each Option shall be evidenced by an Option Agreement that may
contain any term deemed necessary or desirable by the Committee, provided such
terms are not inconsistent with this Plan or any applicable law. Optionees shall
be those persons who are selected by the Committee from the class of all
Employees, Directors and Consultants of the Company or any Related Entity.

          (b) In granting Options, the Committee shall take into consideration
the contribution the person has made to the success of the Company or any
Related Entities and such other factors as the Committee shall determine. The
Committee shall also have the authority to consult with and receive
recommendations from officers and other personnel of the Company and its Related
Entities with regard to these matters. The Committee may from time to time in
granting Options under the Plan prescribe such other terms and conditions
concerning such Options as it deems appropriate, including, without limitation,
(i) prescribing the date or dates on which the Option becomes exercisable, (ii)
providing that the Option rights accrue or become exercisable in installments
over a period of years, or upon the attainment of stated goals or both, or (iii)
relating an Option to the Continuous Service or continued employment of the
Optionee

                                       4
<PAGE>

for a specified period of time, provided that such terms and conditions are not
more favorable to an Optionee than those expressly permitted herein.

          (c) The Options granted to Optionees under this Plan shall be in
addition to regular salaries, pension, life insurance or other benefits related
to their Continuous Service with the Company or its Related Entities. Neither
the Plan nor any Option granted under the Plan shall confer upon any person any
right to continuance of any Continuous Service by the Company or its Related
Entities.

          (d) The Committee shall have the discretion to grant Options that are
exercisable for unvested Shares. Should the Optionee's Continuous Service cease
while holding such unvested Shares, the Company shall have the right to
repurchase, at the exercise price paid per share, any or all of those unvested
Shares. The terms upon which such repurchase right shall be exercisable
(including the period and procedure for exercise and the appropriate vesting
schedule for the purchased shares) shall be established by the Committee and set
forth in the Option Agreement for the relevant Option.

          (e) Notwithstanding any other provision of this Plan, an Incentive
Stock Option shall not be granted to any person owning directly or indirectly
(through attribution under Section 424(d) of the Code) at the date of grant,
stock possessing more than 10% of the total combined voting power of all classes
of stock of the Company (or of any parent corporation or subsidiary corporation
of the Company (as those terms are defined in Sections 424(e) and 424(f) of the
Code, respectively) at the date of grant) unless the exercise price of such
Option is at least 110% of the Fair Market Value of the Shares subject to such
Option on the date the Option is granted, and such Option by its terms is not
exercisable after the expiration of five years from the date such Option is
granted.

          (f) Notwithstanding any other provision of this Plan, and in addition
to any other requirements of this Plan, the aggregate number of Options granted
to any one Optionee may not exceed 700,000 shares, subject to adjustment as
provided in Section 10 hereof.

     6.   Exercise Price. The exercise price per Share of any Option shall be
any price determined by the Committee but shall not be less than the par value
per Share; provided, however, that in no event shall the exercise price per
Share of any Incentive Stock Option be less than the Fair Market Value of the
Shares underlying such Option on the date such Option is granted.

     7.   Exercise of Options.

          (a) An Option shall be deemed exercised when (i) the Company has
received written notice of such exercise in accordance with the terms of the
Option, (ii) full payment of the aggregate exercise price of the Shares as to
which the Option is exercised has been made, and (iii) arrangements that are
satisfactory to the Committee in its sole discretion have been made for the
Optionee's payment to the Company of the amount that is necessary for the
Company or Related Entity employing the Optionee to withhold in accordance with
applicable Federal or state tax withholding requirements.

                                       5
<PAGE>

          (b) The consideration to be paid for the Shares to be issued upon
exercise of an Option, as well as the method of payment of the exercise price
and of any withholding and employment taxes applicable thereto, shall be
determined by the Committee and may in the discretion of the Committee consist
of: (1) cash, (2) certified or official bank check, (3) money order, (4) Shares
that have been held by the Optionee for at least six (6) months (or such other
Shares as the Committee determines will not cause the Company to recognize for
financial accounting purposes a charge for compensation expense), (5) the
withholding of Shares issuable upon exercise of the Option, (6) pursuant to a
"cashless exercise" procedure, by delivery of a properly executed exercise
notice together with such other documentation, and subject to such guidelines,
as the Committee shall require to effect an exercise of the Option and delivery
to the Company by a licensed broker acceptable to the Company of proceeds from
the sale of Shares or a margin loan sufficient to pay the exercise price and any
applicable income or employment taxes, or (7) in such other consideration as the
Committee deems appropriate, or by a combination of the above. In the case of an
Incentive Stock Option, the permissible methods of payment shall be specified at
the time the Option is granted. The Committee in its sole discretion may accept
a personal check in full or partial payment of any Shares. If the exercise price
is paid, and/or the Optionee's tax withholding obligation is satisfied, in whole
or in part with Shares, or through the withholding of Shares issuable upon
exercise of the Option, the value of the Shares surrendered or withheld shall be
their Fair Market Value on the date the Option is exercised.

          (c) The Committee in its sole discretion may, on an individual basis
or pursuant to a general program established in connection with this Plan, cause
the Company to lend money to an Optionee, guarantee a loan to an Optionee, or
otherwise assist an Optionee to obtain the cash necessary to exercise all or a
portion of an Option granted hereunder or to pay any tax liability of the
Optionee attributable to such exercise; provided that such loan, loan guaranty,
or assistance in obtaining a loan is not in violation of the Sarbanes-Oxley Act
of 2002, or any rule or regulation adopted thereunder or any other applicable
law. If the exercise price is paid in whole or part with the Optionee's
promissory note, such note shall (i) provide for full recourse to the maker,
(ii) be collateralized by the pledge of the Shares that the Optionee purchases
upon exercise of the Option, (iii) bear interest at the prime rate of the
Company's principal lender, and (iv) contain such other terms as the Committee
in its sole discretion shall reasonably require.

          (d) No Optionee shall be deemed to be a holder of any Shares subject
to an Option unless and until a stock certificate or certificates for those
Shares are issued to that person(s) under the terms of this Plan. No adjustment
shall be made for dividends (ordinary or extraordinary, whether in cash,
securities or other property) or distributions or other rights for which the
record date is prior to the date the stock certificate is issued, except as
expressly provided in Section 10 hereof.

     8.   Exercisability of Options. Any Option shall become exercisable in such
amounts, at such intervals and upon such terms and/or conditions as the
Committee shall provide in the Option Agreement for that Option, except as
otherwise provided in this Section 8:

                                       6
<PAGE>

          (a) The expiration date of an Option shall be determined by the
Committee at the time of grant, but in no event shall an Option be exercisable
after the expiration of 10 years from the date of grant of the Option.

          (b) The Option Agreement relating to any Option may provide that the
Option shall become immediately fully exercisable in the event of a "Change in
Control" and/or shall become fully exercisable in the event that the Committee
exercises its discretion to provide a cancellation notice with respect to the
Option pursuant to Section 9(b) hereof. For this purpose, the term "Change in
Control" shall mean the occurrence of any of the following:

              (i) The acquisition by any Person of Beneficial Ownership (within
the meaning of Rule 13d-3 promulgated under the Securities Exchange Act) of
forty percent (40%) or more of either (A) the then outstanding shares of common
stock of the Company (the "Outstanding Company Common Stock") or (B) the
combined voting power of the then outstanding voting securities of the Company
entitled to vote generally in the election of directors (the "Outstanding
Company Voting Securities); provided, however, that for purposes of this Section
8(b), the following acquisitions shall not constitute a Change of Control: (w)
any acquisition directly from the Company; (x) any acquisition by the Company;
(y) any acquisition by any employee benefit plan (or related trust) sponsored or
maintained by the Company or any Subsidiary; or (z) any acquisition by any
corporation pursuant to a transaction which complies with clauses (A), (B) and
(C) of subsection (iii) below;

              (ii) During any period of two (2) consecutive years (not
including any period prior to the Effective Date) individuals who constitute the
Board on the Effective Date (the "Incumbent Board") cease for any reason to
constitute at least a majority of the Board; provided, however, that any
individual becoming a director subsequent to the Effective Date whose election,
or nomination for election by the Company's shareholders, was approved by a vote
of at least a majority of the directors then comprising the Incumbent Board
shall be considered as though such individual were a member of the Incumbent
Board, but excluding, for this purpose, any such individual whose initial
assumption of office occurs as a result of an actual or threatened election
contest with respect to the election or removal of directors or other actual or
threatened solicitation of proxies or consents by or on behalf of a Person other
than the Board;

              (iii) Consummation of a reorganization, merger, statutory share
exchange or consolidation or similar corporate transaction involving the Company
or any of its Subsidiaries, a sale or other disposition of all or substantially
all of the assets of the Company, or the acquisition of assets or stock of
another entity by the Company or any of its Subsidiaries (each a "Business
Combination"), in each case, unless, following such Business Combination, (A)
all or substantially all of the individuals and entities who were the Beneficial
Owners, respectively, of the Outstanding Company Common Stock and Outstanding
Company Voting Securities immediately prior to such Business Combination
beneficially own, directly or indirectly, more than fifty percent (50%) of,
respectively, the then outstanding shares of common stock and the combined
voting power of the then outstanding voting securities entitled to vote
generally in the election of directors, as the case may be, of the corporation
resulting from such Business Combination (including, without limitation, a
corporation which as a result of such transaction owns the Company or all or
substantially all of the Company's assets either directly

                                       7
<PAGE>

or through one or more subsidiaries) in substantially the same proportions as
their ownership, immediately prior to such Business Combination of the
Outstanding Company Common Stock and Outstanding Company Voting Securities, as
the case may be, (B) no Person (excluding any employee benefit plan (or related
trust) of the Company or such corporation resulting from such Business
Combination) beneficially owns, directly or indirectly, forty percent (40%) or
more of, respectively, the then outstanding shares of common stock of the
corporation resulting from such Business Combination or the combined voting
power of the then outstanding voting securities of such corporation except to
the extent that such ownership existed prior to the Business Combination and (C)
at least a majority of the members of the Board of Directors of the corporation
resulting from such Business Combination were members of the Incumbent Board at
the time of the execution of the initial agreement, or of the action of the
Board, providing for such Business Combination; or

               (iv) Approval by the shareholders of the Company of a complete
liquidation or dissolution of the Company.

          (c) The Committee may in its sole discretion, accelerate the date on
which any Option may be exercised and may accelerate the vesting of any Shares
subject to any Option or previously acquired by the exercise of any Option.

      9.  Termination of Option Period.

          (a) Unless otherwise provided in any Option Agreement, the unexercised
portion of any Option shall automatically and without notice terminate and
become null and void at the time of the earliest to occur of the following:

              (i) three months after the date on which the Optionee's
Continuous Service is terminated other than by reason of (A) Cause, (B) a
Disability of the Optionee as determined by a medical doctor satisfactory to the
Committee, or (C) death of the Optionee;

              (ii) immediately upon the termination of the Optionee's
Continuous Service for Cause;

              (iii) twelve months after the date on which the Optionee's
Continuous Service is terminated by reason of a Disability as determined by a
medical doctor satisfactory to the Committee;

              (iv) (A) twelve months after the date of termination of the
Optionee's Continuous Service by reason of the death of the Optionee, or, if
later, (B) three months after the date on which the Optionee shall die if such
death shall occur during the one year period specified in Subsection 9(a)(iii)
hereof; or

               (v) immediately in the event that the Optionee shall file any
lawsuit or arbitration claim against the Company or any Subsidiary, or any of
their respective officers, directors or shareholders.

          (b)  To the extent not previously exercised, (i) each Option shall
terminate immediately in the event of (1) the liquidation or dissolution of the
Company, or (2) any

                                       8
<PAGE>

reorganization, merger, consolidation or other form of corporate transaction in
which either the Company does not survive or the Shares are exchanged for or
converted into securities issued by another entity, unless the successor or
acquiring entity, or an affiliate thereof, assumes the Option or substitutes an
equivalent option or right pursuant to Section 10(c) hereof, and (ii) the
Committee in its sole discretion may by written notice ("cancellation notice")
cancel, effective upon the consummation of any Business Combination described in
Subsection 8(b)(iii) hereof, any Option that remains unexercised on the
effective date of that Business Combination. The Committee shall give written
notice of any proposed transaction referred to in this Section 9(b) a reasonable
period of time prior to the closing date for such transaction (which notice may
be given either before or after approval of such transaction), in order that
Optionees may have a reasonable period of time prior to the closing date of such
transaction within which to exercise any Options that then are exercisable
(including any Options that may become exercisable upon the closing date of such
transaction). An Optionee may condition his exercise of any Option upon the
consummation of a transaction referred to in this Section 9(b).

     10.  Adjustment of Shares.

          (a) If at any time while the Plan is in effect or unexercised Options
are outstanding, there shall be any increase or decrease in the number of issued
and outstanding Shares through the declaration of a stock dividend or through
any recapitalization resulting in a stock split-up, combination or exchange of
Shares, then and in that event, the Committee shall make:

              (i) appropriate adjustment in the maximum number of Shares
available for grant under the Plan, or available for grant to any person under
the Plan, so that the same percentage of the Company's issued and outstanding
Shares shall continue to be subject to being so optioned; and

              (ii) appropriate adjustment in the number of Shares and the
exercise price per Share thereof then subject to any outstanding Option, so that
the same percentage of the Company's issued and outstanding Shares shall remain
subject to purchase at the same aggregate exercise price.

          (b) Unless otherwise provided in any Option Agreement, the Committee
may change the terms of Options outstanding under this Plan, with respect to the
exercise price or the number of Shares subject to the Options, or both, when, in
the sole discretion of the Committee, such adjustments become appropriate to
preserve benefits under the Plan.

          (c) In the event of any proposed sale of all or substantially all of
the Company's assets or any reorganization, merger, consolidation, or other form
of corporate transaction in which the Company does not survive, or in which the
Shares are exchanged for or converted into securities issued by another entity,
the successor or acquiring entity or an affiliate thereof may, with the consent
of the Committee, assume each outstanding Option or substitute an equivalent
option or right. If the successor or acquiring entity or an affiliate thereof,
does not cause such an assumption or substitution of any Option, then that
Option shall terminate pursuant to Section 9(d) hereof upon consummation of the
sale, merger, consolidation, or other corporate transaction, with or without
consideration as determined by the Committee. The Committee

                                       9
<PAGE>

shall give written notice of any proposed transaction referred to in this
Section 10(c) a reasonable period of time prior to the closing date for such
transaction (which notice may be given either before or after the approval of
such transaction), in order that Participants may have a reasonable period of
time prior to the closing date of such transaction within which to exercise any
Options that are then exercisable (including any Options that may become
exercisable upon the closing date of such transaction). A Participant may
condition his exercise of any Options upon the consummation of the transaction.

          (d) Except as otherwise expressly provided herein, the issuance by the
Company of shares of its capital stock of any class, or securities convertible
into shares of capital stock of any class, either in connection with a direct
sale or upon the exercise of rights or warrants to subscribe therefor, or upon
conversion of shares or obligations of the Company convertible into such shares
or other securities, shall not affect, and no adjustment by reason thereof shall
be made to, the number of or exercise price for Shares then subject to
outstanding Options granted under the Plan.

          (e) Without limiting the generality of the foregoing, the existence of
outstanding Options granted under the Plan shall not affect in any manner the
right or power of the Company to make, authorize or consummate (i) any or all
adjustments, recapitalizations, reorganizations or other changes in the
Company's capital structure or its business; (ii) any merger or consolidation of
the Company; (iii) any issue by the Company of debt securities, or preferred or
preference stock that would rank above the Shares subject to outstanding
Options; (iv) the dissolution or liquidation of the Company; (v) any sale,
transfer or assignment of all or any part of the assets or business of the
Company; or (vi) any other corporate act or proceeding, whether of a similar
character or otherwise.

     11.  Transferability. No Incentive Stock Option, and unless the prior
written consent of the Committee is obtained (which consent may be withheld for
any reason) and the transaction does not violate the requirements of Rule 16b-3
promulgated under the Securities Exchange Act no Non-Qualified Stock Option,
shall be subject to alienation, assignment, pledge, charge or other transfer
other than by the Optionee by will or the laws of descent and distribution, and
any attempt to make any such prohibited transfer shall be void. Each Option
shall be exercisable during the Optionee's lifetime only by the Optionee, or in
the case of a Non-Qualified Stock Option that has been assigned or transferred
with the prior written consent of the Committee, only by the permitted assignee.

          No Shares acquired by an officer or Director pursuant to the
exercise of an Option may be sold, assigned, pledged or otherwise transferred
prior to the expiration of the six-month period following the date on which the
Option was granted, unless the transaction does not violate the requirements of
Rule 16b-3 promulgated under the Securities Exchange Act.

     12.  Issuance of Shares.

          (a) Notwithstanding any other provision of this Plan, the Company
shall not be obligated to issue any Shares unless it is advised by counsel of
its selection that it may do so without violation of the applicable Federal and
State laws pertaining to the issuance of securities, and may require any stock
so issued to bear a legend, may give its transfer agent instructions,

                                       10
<PAGE>

and may take such other steps, as in its judgment are reasonably required to
prevent any such violation.

          (b) As a condition to any sale or issuance of Shares upon exercise of
any Option, the Committee may require such agreements or undertakings as the
Committee may deem necessary or advisable to facilitate compliance with any
applicable law or regulation including, but not limited to, the following:

              (i) a representation and warranty by the Optionee to the Company,
at the time any Option is exercised, that he is acquiring the Shares to be
issued to him for investment and not with a view to, or for sale in connection
with, the distribution of any such Shares; and

              (ii) a representation, warranty and/or agreement to be bound by
any legends endorsed upon the certificate(s) for the Shares that are, in the
opinion of the Committee, necessary or appropriate to facilitate compliance with
the provisions of any securities laws deemed by the Committee to be applicable
to the issuance and transfer of those Shares.

     13.  Administration of the Plan.

          (a) The Plan shall be administered by the Committee which shall be
composed of two or more Directors. The membership of the Committee shall be
constituted so as to comply at all times with the then applicable requirements
for Outside Directors of Rule 16b-3 promulgated under the Securities Exchange
Act and Section 162(m) of the Code. The Committee shall serve at the pleasure of
the Board and shall have the powers designated herein and such other powers as
the Board may from time to time confer upon it.

          (b) Any and all decisions or determinations of the Committee shall be
made either (i) by a majority vote of the members of the Committee at a meeting
or (ii) without a meeting by the unanimous written approval of the members of
the Committee.

          (c) The Committee, from time to time, may adopt rules and regulations
for carrying out the purposes of the Plan.

          (d) The determinations of the Committee, and its interpretation and
construction of any provision of the Plan or any Option Agreement, shall be
final and binding on all persons, unless determined otherwise by the Board.

     14.  Withholding or Deduction for Taxes. If at any time specified herein
for the making of any issuance or delivery of any Option or Shares to any
Optionee, any law or regulation of any governmental authority having
jurisdiction in the premises shall require the Company or a Related Entity to
withhold, or to make any deduction for, any taxes or to take any other action in
connection with the issuance or delivery then to be made, the issuance or
delivery shall be deferred until the withholding or deduction shall have been
provided for by the Optionee or beneficiary, or other appropriate action shall
have been taken.

                                       11
<PAGE>

     15.  Interpretation.

          (a) As it is the intent of the Company that the Plan shall comply in
all respects with Rule 16b-3 promulgated under the Securities Exchange Act
("Rule 16b-3"), any ambiguities or inconsistencies in construction of the Plan
shall be interpreted to give effect to such intention, and if any provision of
the Plan is found not to be in compliance with Rule 16b-3, such provision shall
be deemed null and void to the extent required to permit the Plan to comply with
Rule 16b-3. The Committee may from time to time adopt rules and regulations
under, and amend, the Plan in furtherance of the intent of the foregoing.

          (b) The Plan and any Option Agreements entered into pursuant to the
Plan shall be administered and interpreted so that all Incentive Stock Options
granted under the Plan will qualify as Incentive Stock Options under Section 422
of the Code. If any provision of the Plan or any Option Agreement relating to an
Incentive Stock Option should be held invalid for the granting of Incentive
Stock Options or illegal for any reason, that determination shall not affect the
remaining provisions hereof, but instead the Plan and the Option Agreement shall
be construed and enforced as if such provision had never been included in the
Plan or the Option Agreement.

          (c) This Plan shall be governed by the laws of the State of New York,
without reference to the conflict of laws rules or principals thereof.

          (d) Headings contained in this Plan are for convenience only and shall
in no manner be construed as part of this Plan.

          (e) Any reference to the masculine, feminine, or neuter gender shall
be a reference to such other gender as is appropriate.

     16.  Amendment and Discontinuation of the Plan. The Committee may from
time to time amend, suspend or terminate the Plan or any Option; provided,
however, that, any amendment to the Plan shall be subject to the approval of the
Company's shareholders if such shareholder approval is required by any
applicable federal or state law or regulation (including, without limitation,
Rule 16b-3 or to comply with Section 162(m) of the Code) or the rules of any
stock exchange or automated quotation system on which the Common Stock may then
be listed or granted. Except to the extent provided in Sections 9 and 10 hereof,
no amendment, suspension or termination of the Plan or any Option issued
hereunder shall substantially impair the rights or benefits of any Optionee
pursuant to any Option previously granted without the consent of the Optionee.

     17.  Effective Date and Termination Date. The effective date of the Plan
is the Effective Date, and the Plan shall terminate on the 10th anniversary of
the Effective Date. This Plan shall be submitted to the shareholders of the
Company for their approval and adoption and Options hereunder may be granted
prior to such approval and adoption; provided, however, that any Incentive Stock
Options granted hereunder, and if but only to the extent otherwise required by
law or the rules of any stock exchange or automated quotation system on which
the Common Stock may be listed, any Non-Qualified Stock Options granted
hereunder, prior to such approval and adoption shall be contingent upon
obtaining such approval and adoption.

                                       12

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00076-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00076-of-00352.parquet"}]]