Document:

EXHIBIT 4.1

                             1996 STOCK OPTION PLAN

                         OF PINNACLE TECHNOLOGIES, INC.,

                             AS AMENDED AND RESTATED

                                  MAY 31, 2002

     1. PURPOSE. This 1996 Stock Option Plan was established and is maintained
as a compensatory plan to attract, retain and provide equity incentives to
selected persons to promote the financial success of Pinnacle Technologies,
Inc., a California corporation. On May 31, 2002, Pinnacle Technologies, Inc. was
merged with a wholly-owned subsidiary of CARBO Ceramics Inc., a Delaware
corporation ("CARBO"), and continued as the surviving corporation under Delaware
law (such surviving corporation, the "Company"). In addition, in connection with
the merger, CARBO assumed this 1996 Stock Option Plan and all of the outstanding
Options issued under it and this 1996 Stock Option Plan was amended and restated
(as amended and restated, the "Plan"), all as of May 31, 2002. Capitalized terms
not previously defined herein are defined in Section 18 of this Plan.

     2. TYPES OF OPTIONS AND SHARES. Options granted under this Plan (the
"Options") will be nonqualified stock options and will not be intended to
qualify as "incentive stock options" with the meaning of Section 422 of the
Internal Revenue Code of 1986, as amended (the "Code"). The shares of stock that
may be purchased upon exercise of Options granted under this Plan (the "Shares")
are shares of the common stock of CARBO.

     3. NUMBER OF SHARES. The aggregate number of Shares that may be issued
pursuant to Options granted under this Plan is 200,000 Shares, subject to
adjustment as provided in this Plan. If any Option expires or is terminated
without being exercised in whole or in part, the unexercised or released Shares
from such Option shall be available for future grant and purchase under this
Plan. At all times during the term of this Plan, CARBO shall reserve and keep
available such number of Shares as shall be required to satisfy the requirements
of outstanding Options under this Plan.

     4. ELIGIBILITY.

          (a) General Rules of Eligibility. Options may be granted to employees,
officers, directors, consultants, independent contractors and advisors (provided
such consultants, contractors and advisors render bona fide services not in
connection with the offer and sale of securities in a capital-raising
transaction) of the Company or any Parent, Subsidiary or Affiliate of the
Company. The Committee (as defined in Section 14) in its sole discretion shall
select the recipients of Options ("Optionees"). An Optionee may be granted more
than one Option under this Plan. No Options may be granted to any person whose
transactions in the securities of CARBO are subject to Section 16 of the
Securities Exchange Act of 1934, as amended (the "Exchange Act").

          (b) Company Assumption of Options. CARBO may also, from time to time,
assume outstanding options granted by another company, whether in connection
with an acquisition of such other company or otherwise, by either (i) granting
an Option under this Plan in replacement of the option assumed by CARBO, or (ii)
treating the assumed option as if it had been granted under this Plan if the
terms of such assumed option could be applied to an option granted under this
Plan. Such assumption shall be permissible if the holder of the assumed option
would have been eligible to be granted an option hereunder if the other company
had applied the rules of this Plan to such grant.

     5. TERMS AND CONDITIONS OF OPTIONS. The Committee shall determine the
number of Shares subject to the Option, the exercise price of the Option, the
period during which the Option may be exercised, and all other terms and
conditions of the Option, subject to the following:

          (a) Form of Option Grant. Each Option granted under this Plan shall be
evidenced by a written Stock Option Grant (the "Grant") in such form as shall be
approved by the Committee.

          (b) Date of Grant. The date of grant of an Option shall be the date on
which the Committee makes the determination to grant such Option unless
otherwise specified by the Committee. The Grant representing the Option will be
delivered to the Optionee with a copy of this Plan within a reasonable time
after the date of grant; provided, however that if, for any reason, including a
unilateral decision by the Committee not to execute an agreement evidencing such
option, a written Grant is not executed within sixty (60) days after the date of
grant, such option shall be deemed null and void. No Option shall be exercisable
until such Grant is executed by the Committee and the Optionee.

          (c) Exercise Price. The exercise price of an Option shall be not less
than eighty-five percent (85%) of the Fair Market Value of the Shares on the
date the Option is granted.

          (d) Exercise Period. Options shall be exercisable within the times or
upon the events determined by the Committee as set forth in the Grant; provided,
however, that no Option shall be exercisable after the expiration of ten (10)
years and ten (10) days from the date the Option is granted.

          (e) Options Non-Transferable. Options granted under this Plan, and any
interest therein, shall not be transferable or assignable by the Optionee, and
may not be made subject to execution, attachment or similar process, otherwise
than by will or by the laws of descent and distribution and shall be exercisable
during the lifetime of the Optionee only by the Optionee or any permitted
transferee.

          (f) Assumed Options. In the event CARBO assumes an option granted by
another company in accordance with 4(b) above, the terms and conditions of such
option shall remain unchanged. In the event CARBO elects to grant a new option
rather than assuming an existing option (as specified in Section 4), such new
option need not be granted at Fair Market Value on the date of grant and may
instead be granted with an appropriately adjusted exercise price.

     6. EXERCISE OF OPTIONS.

          (a) Notices. Options may be exercised only by delivery to CARBO of a
written exercise agreement in a form approved by the Committee (which need not
be the same for each Optionee), stating the number of Shares being purchased,
the restrictions imposed on the Shares, if any, and such representations and
agreements regarding the Optionee's investment intent and access to information,
if any, as may be required by the Committee to comply with applicable securities
laws, together with payment in full of the exercise price for the number of
Shares being purchased.

          (b) Payment. Payment for the Shares may be made in cash (by check) or,
where approved by the Committee in its sole discretion at the time of grant and
where permitted by law: (i) by execution of a promissory note for the benefit of
CARBO, having such terms as are approved by the Committee; (ii) by cancellation
of indebtedness of CARBO or any of CARBO's Affiliates to the Optionee; (iii) by
surrender of shares of common stock of CARBO already owned by the Optionee,
having a Fair Market Value equal to the exercise price of the Option; (iv) by
waiver of compensation due or accrued to Optionee for services rendered; (v)
through a guaranty by CARBO of a loan to the Optionee by a third party of all or
part of the option price (but not more than the option price), and such guaranty
may be on an unsecured or secured basis as the Committee shall approve
(including, without limitation, by a security interest in the shares of CARBO);
(vi) provided that a public market for CARBO's common stock exists, through a
"same day sale" commitment from the Optionee and a broker-dealer that is a
member of the National Association of Securities Dealers, Inc. (an "NASD
Dealer") whereby the Optionee irrevocably elects to exercise the Option and to
sell a portion of the Shares so purchased to pay for the exercise price and
whereby the NASD Dealer irrevocably commits upon receipt of such Shares to
forward the exercise price directly to CARBO; (vii) provided that a public
market for CARBO's common stock exists, through a "margin" commitment from the
Optionee and an NASD Dealer whereby the Optionee irrevocably elects to exercise
the Option and to pledge the Shares so purchased to the NASD Dealer in a margin
account as security for a loan from the NASD Dealer in the amount of the
exercise price, and whereby the NASD Dealer irrevocably commits upon receipt of
such Shares to forward the exercise price directly to CARBO; or (viii) by any
combination of the foregoing.

          (c) Withholding Taxes. Prior to issuance of the Shares upon exercise
of an Option, the Optionee shall pay or make adequate provision for any federal
or state withholding obligations of CARBO or any of CARBO's Affiliates, if
applicable. Where approved by the Committee in its sole discretion, the Optionee
may provide for payment of withholding taxes upon exercise of the Option by
requesting that CARBO retain Shares with a Fair Market Value equal to the
minimum amount of taxes required to be withheld. In such case, CARBO shall issue
the net number of Shares to the Optionee by deducting the Shares retained from
the Shares exercised. 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 in accordance with Section 83 of the Code (the "Tax Date"). All
elections by Optionees to have Shares withheld for this purpose shall be made in
writing in a form acceptable to the Committee and shall be subject to the
following restrictions:

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

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

               (iii) all elections shall be subject to the consent or
disapproval of the Committee.

          (d) Limitations on Exercise. Notwithstanding anything else to the
contrary in the Plan or any Grant, no Option may be exercisable later than the
expiration date of the Option.

     7. RESTRICTIONS ON SHARES. At the discretion of the Committee, CARBO may
reserve to itself and/or its assignee(s) in the Grant (a) a right of first
refusal to purchase all Shares that an Optionee (or a subsequent transferee) may
propose to transfer to a third party and/or (b) for so long as CARBO's common
stock is not publicly traded, a right to repurchase a portion of or all Shares
held by an Optionee upon the Optionee's termination of employment or service
with the Company or its Parent, Subsidiary or Affiliate, except that CARBO may
repurchase a portion (but not all) of the Shares held by an Optionee only if the
Optionee first consents to such repurchase, for any reason within a specified
time as determined by the Committee at the time of grant at the higher of (i)
the Optionee's original purchase price, (ii) the Fair Market Value of such
Shares or (iii) a price determined by a formula or other provision set forth in
the Grant. The terms of such a right of repurchase shall conform to Section
260.140.41(k) of the California Corporations Commissioner's Rules, or any
successor rule, if applicable.

     8. MODIFICATION, EXTENSION AND RENEWAL OF OPTIONS. The Committee shall have
the power to modify, extend or renew outstanding Options and to authorize the
grant of new Options in substitution therefor, provided that any such action may
not, without the written consent of the Optionee, impair any rights under any
Option previously granted. The Committee shall have the power to reduce the
exercise price of outstanding Options; provided, however, that the exercise
price per share may not be reduced below the minimum exercise price that would
be permitted under Section 5(c) of this Plan for Options granted on the date the
action is taken to reduce the exercise price.

     9. PRIVILEGES OF STOCK OWNERSHIP. No Optionee shall have any of the rights
of a shareholder with respect to any Shares subject to an Option until such
Option is properly exercised. No adjustment shall be made for dividends or
distributions or other rights for which the record date is prior to such date,
except as provided in this Plan.

     10. NO OBLIGATION TO EMPLOY; NO RIGHT TO FUTURE GRANTS. Nothing in this
Plan or any Option granted under this Plan shall confer on any Optionee any
right (a) to continue in the employ of, or other relationship with, the Company
or any Parent or Subsidiary of the Company or limit in any way the right of the
Company or any Parent or Subsidiary of the Company to terminate the Optionee's
employment or other relationship at any time, with or without cause or (b) to
have any Option(s) granted to such Optionee under this Plan, or any other plan,
or to acquire any other securities of CARBO, in the future.

     11. ADJUSTMENT OF OPTION SHARES. In the event that the number of
outstanding shares of common stock of CARBO is changed by a stock dividend,
stock split, reverse stock split, combination, reclassification or similar
change in the capital structure of CARBO without consideration, or if a
substantial portion of the assets of CARBO are distributed, without
consideration in a spin-off or similar transaction, to the shareholders of
CARBO, the number of Shares available under this Plan and the number of Shares
subject to outstanding Options and the exercise price per share of such Options
shall be proportionately adjusted, subject to any required action by the Board
of Directors of the Company or of CARBO or shareholders of CARBO and compliance
with applicable securities laws; provided, however, that a fractional share
shall not be issued upon exercise of any Option and any fractions of a Share
that would have resulted shall either be cashed out at Fair Market Value or the
number of Shares issuable under the Option shall be rounded up to the nearest
whole number, as determined by the Committee; and provided further that the
exercise price may not be decreased to below the par value, if any, for the
Shares.

     12. ASSUMPTION OF OPTIONS BY SUCCESSORS.

          (a) In the event of (i) a merger or consolidation (other than a merger
or consolidation with a wholly-owned subsidiary or where there is no substantial
change in the shareholders of the corporation), or (ii) the sale of all or
substantially all of the assets of CARBO, the successor corporation or its
Affiliate shall assume any or all outstanding Options, which assumption shall be
binding on all Optionees, substitute an equivalent option or provide
substantially similar consideration to Optionees as was provided to shareholders
(after taking into account the existing provisions of the Optionees' options
such as the exercise price and the vesting schedule), and, in the case of
outstanding shares subject to a repurchase option, issue substantially similar
shares or other property subject to repurchase restrictions no less favorable to
the Optionee.

          (b) In the event a successor corporation or any of its Affiliates
refuses to assume or substitute, as provided above, pursuant to an event
described in (a) above, or in the event of a dissolution or liquidation of
CARBO, the Options shall, notwithstanding any contrary terms in the Grant,
expire on a date at least twenty (20) days after the Committee gives written
notice to the Optionees specifying the terms and conditions of such termination.

     13. ADOPTION AND SHAREHOLDER APPROVAL. This Plan (as originally drafted
prior to its amendment and restatement) became effective on March 28, 1996 and
was approved by the shareholders of the Company within twelve (12) months of
such adoption.

     14. ADMINISTRATION. This Plan may be administered by the Board of the
Company (the "Board") or a Committee appointed by the Board (the "Committee").
As used in this Plan, references to the "Committee" shall mean either such
Committee or the Board if no committee has been established. The interpretation
by the Committee of any of the provisions of this Plan or any Option granted
under this Plan shall be final and binding upon CARBO and its Affiliates and all
persons having an interest in any Option or any Shares purchased pursuant to an
Option.

     15. TERM OF PLAN. Options may be granted pursuant to this Plan from time to
time on or prior to March 28, 2006.

     16. AMENDMENT OR TERMINATION OF PLAN. The Committee may, at any time,
amend, alter, suspend or discontinue the Plan, but no amendment, alteration,
suspension or discontinuation shall be made which would impair the rights of any
Optionee under any Option theretofore granted, without his or her consent.
Without limiting the foregoing, the Committee may at any time or from time to
time authorize, with the consent of the respective Optionees, the issuance of
new options in exchange for the surrender and cancellation of any or all
outstanding Options.

     17. INFORMATION RIGHTS. CARBO shall provide to each Optionee a copy of all
reports, proxy statements and other communications of CARBO, at such time as
such documents are released by CARBO to its shareholders generally.

     18. CERTAIN DEFINITIONS. As used in this Plan, the following terms shall
have the following meanings:

          (a) "Parent" means any corporation (other than the Company) in an
unbroken chain of corporations ending with the Company if, at the time of the
granting of the Option, each of the corporations other than the Company owns
stock possessing fifty percent (50%) or more of the total combined voting power
of all classes of stock in one of the other corporations in such chain.

          (b) "Subsidiary" means any corporation (other than the Company) in an
unbroken chain of corporations beginning with the Company if, at the time of the
granting of the Option, each of the corporations other than the last corporation
in the unbroken chain owns stock possessing fifty percent (50%) or more of the
total combined voting power of all classes of stock in one of the other
corporations in such chain.

          (c) "Affiliate" means any corporation that directly, or indirectly
through one or more intermediaries, controls or is controlled by, or is under
common control with, another corporation, where "control" (including the terms
"controlled by" and "under common control with") means the possession, direct or
indirect, of the power to cause the direction of the management and policies of
the corporation, whether through the ownership of voting securities, by contract
or otherwise.

          (d) "Fair Market Value" shall mean the fair market value of the Shares
as determined by the Committee from time to time in good faith. If a public
market exists for the Shares, the Fair Market Value shall be the average of the
last reported bid and asked prices for common stock of CARBO on the last trading
day prior to the date of determination or, in the event the common stock of
CARBO is listed on a stock exchange or on the NASDAQ National Market System, the
Fair Market Value shall be the closing price on such exchange or quotation
system on the last trading day prior to the date of determination.

          (e) "Cause" shall mean, with respect to any Optionee, (i) any failure
by the Optionee substantially to perform his duties to the Company or any
Affiliate of the Company; (ii) any act or omission involving dishonesty, fraud,
willful misconduct or gross negligence on the part of the Optionee that is or
may be materially injurious to the Company or any Affiliate of the Company; and
(iii) any felony or other crime involving moral turpitude committed by the
Optionee.

          (f) "Disability" shall mean any physical or mental impairment which
qualifies an Optionee for (i) disability benefits under any long-term disability
plan maintained by the Company or any of its Affiliates or (ii) Social Security
disability benefits, or as otherwise determined by the Committee.June 19, 2002

ACKNOWLEDGEMENT AGREEMENT (the "Agreement") BETWEEN:

                                 THINKPATH INC.
               55 University Avenue, Suite 400, Toronto, Ontario

                                      and

                            Mark Young, CA ("Young")
               204 Pandora Crescent, Kitchener, Ontario, N2H 3E6

This Agreement serves to confirm that Thinkpath Inc. requires business advisory
counsel from Young.

Young will receive consideration of 2,250,000 (two million two hundred and fifty
thousand) newly issued shares of THTH, plus 7% GST, which upon S-8 registration
will only have volume restrictions. (sale of these shares restricted to the
average of the last 4 weeks volume) Share certificates will be delivered by June
21, 2002 at 12:00 PM. The shares will be delivered as to the direction of Young.
Thinkpath will file an S-8 registration statement covering these shares no later
than June 26th.

The consideration will be non-refundable.

Young has not made any representations or warranties regarding this Agreement,
including, but not limited to, a capital raising transaction.

The agreement is entered into and effective this 19th day of June 2002 and the
parties hereto agree to enter into a definitive consulting agreement no later
than June 24th, 2002.

/s/ DECLAN FRENCH                                  /S/ KELLY HANKINSON
-------------------------                          ----------------------------
Declan French, CEO                                 Kelly Hankinson, CFO
As authorized signatory of Thinkpath Inc.          As witness for Thinkpath Inc.
with the authority to bind the corporation

<PAGE>

                          BUSINESS CONSULTING AGREEMENT

Between:

              Thinkpath Inc.

                                        (Hereinafter: The "Company")

                                                                    ON ONE PART;
                                                                    ------------

and:

              Mark Young, CA ,

                                        (Hereinafter: The "Business Consultant")

                                                             ON THE SECOND PART;
                                                             -------------------

           WHEREAS, the Company requires business advisory services and the
Business Consultant will provide such services.

           WHEREAS, the Company therefore desires to retain the Business
Consultant to assist the Company in providing those business advisory services
and relating to strategic alternatives, corporate structuring, due diligence,
mergers and acquisitions and negotiating with debtors and potential investors
("Services").

          WHEREAS the Business Consultant has agreed to provide the Services to
the Company on the terms and conditions set forth in this Agreement.

          NOW THEREFORE in consideration of the premises and mutual agreements
and covenants hereinafter set forth, the parties hereto agree as follows:

                                    ARTICLE 1

1          BUSINESS CONSULTANT'S AGREEMENT

              SECTION 1.1     APPOINTMENT OF BUSINESS CONSULTANT. The Company
hereby appoints the Business Consultant to perform the Services for the benefit
of the Company and the Company hereby authorizes the Business Consultant to
exercise such powers as provided under this Agreement. The Business Consultant
accepts such appointment on the terms and conditions herein set forth and agrees
to provide the Services.

                                      -1-
<PAGE>

              SECTION 1.2 PERFORMANCE OF AGREEMENT. During the term of this
Agreement, the Business Consultant shall devote reasonable time, attention, and
ability to the business of the Company for the performance of the Services
pursuant to this Agreement. Nothing contained herein shall be deemed to require
the Business Consultant to devote his exclusive time, attention and ability to
the business of the Company. During the term of this Agreement, the Business
Consultant shall, and shall cause each of his agents assigned to performance of
the Services on behalf of the Business Consultant, to:

                    a. at all times perform the Services faithfully, diligently,
to the best of his abilities and in the best interests of the Company;

                    b. devote reasonable time, labor and attention to the
business of the Company for the performance of the Services hereunder, and;

                    c. refrain from acting in any manner contrary to the best
interests of the Company or contrary to the duties of the Business Consultant as
contemplated herein.

              SECTION 1.3 AUTHORITY OF BUSINESS CONSULTANT. The Business
Consultant shall have no right or authority, express or implied, to commit or
otherwise obligate the Company in any manner whatsoever except to the extent
specifically provided herein or specifically authorized in writing by the
Company.

              SECTION 1.4 INDEPENDENT BUSINESS CONSULTANT. In performing the
Services, the Business Consultant shall be an independent contractor and not an
employee or agent of the Company, except that the Business Consultant shall be
the agent of the Company solely in circumstances where the Business Consultant
must be the agent to carry out his obligations as set forth in this Agreement.
Nothing in this Agreement shall be deemed to require the Business Consultant to
provide the Services exclusively to the Company and the Business Consultant
hereby acknowledges that the Company is not required and shall not be required
to make any remittances and payments required of employers under Ontario law on
the Business Consultant's behalf and the Business Consultant or any of his
agents shall not be entitled to the fringe benefits required by Ontario law and
provided by the Company to its employees.

                                    ARTICLE 2

                              COMPANY'S AGREEMENTS

              SECTION 2.1 COMPENSATION OF BUSINESS CONSULTANT. As a result of
the present inability of the Company to pay a cash fee for the Services to be
provided by the Business Consultant, the Company shall, in lieu of a cash fee,
compensate the Business Consultant by means of granting equity in the Company.
The Company agrees to issue to the Business Consultant 2,250,000 (two million
two hundred and fifty thousand) common shares of Thinkpath Inc. which trade on
Nasdaq small cap under the symbol THTH plus 7% Canadian Goods and Services Tax
("GST"). The Company further agrees to file an S-8 registration statement by
June 26, 2002 to qualify and make free trading such issued shares, which shares
shall be subject only to the volume sales restrictions outlined in Rule 144
under the Securities Act, 1933. The Business Consultant shall not be entitled to
any cash compensation from the Company or any successor thereto save for the 7%
GST.

                                      -2-
<PAGE>

                                    ARTICLE 3

                                      TERM

              SECTION 3.1 EFFECTIVE DATE. This Agreement shall become effective
on June 24th 2002 (the "Effective Date"), and shall continue for a period of one
(1) year from the Effective Date or until Terminated pursuant to the terms of
this Agreement ("Term").

              SECTION 3.2 TERMINATION. This Agreement may be terminated by
either party at any time, with or without cause, upon written notice to that
effect to the other party, provided that the Business Consultant will be
entitled to his full fee outlined in section 2.1

              SECTION 3.3 DUTIES UPON TERMINATION. Upon termination of this
Agreement for any reason, the Business Consultant shall promptly deliver, in
accordance with the instructions of the Company, all documents pertaining to the
Company or this Agreement, including but not limited to, all books of account,
correspondence and contracts.

                                    ARTICLE 4

                                 CONFIDENTIALITY

              SECTION 4.1 CONFIDENTIALITY The Business Consultant shall not,
except as authorized or required by his duties, reveal or divulge to any person
or companies any of the trade secrets, secret or confidential operations,
processes or dealings or any information concerning the organization, business,
finances, transactions or other affairs of the Company, which may come to his
knowledge during the term of this Agreement and shall keep in complete secrecy
all confidential information entrusted to him and shall not use or attempt to
use any such information in any manner which may injure or cause loss, either
directly or indirectly, to the Company's business or may be likely so to do.
This restriction shall continue to apply after the termination of this Agreement
without limit in point of time but shall cease to apply to information or
knowledge, which may come into the public domain.

              The Business Consultant shall comply, and shall cause his agents
to comply, with such directions, as the Company shall make to ensure the
safeguarding or confidentiality of all such information. The Company may require
that any agent of the Business Consultant execute an agreement with the Company
regarding the confidentiality of all such information.

              SECTION 4.2 OTHER ACTIVITIES. The Business Consultant shall not be
precluded from acting in a function similar to that contemplated under this
Agreement for any other person, firm or company.

                                      -3-
<PAGE>

                                    ARTICLE 5

                                  MISCELLANEOUS

              SECTION 5.1 WAIVER; CONSENTS. No consent, approval or waiver,
express or implied, by either party hereto, to or of any breach of default by
the other party in the performance by the other party of its obligations
hereunder shall be deemed or construed to be a consent or waiver to or of any
other breach or default in the performance by such other party of the same or
any other obligations of such other party or to declare the other party in
default, irrespective of how long such failure continues, shall not constitute a
general waiver by such party of its rights under this Agreement, and the
granting of any consent or approval in any one instance by or on behalf of the
Company shall not be construed to waiver or limit the need for such consent in
any other or subsequent instance.

              SECTION 5.2 Governing Law; Jurisdiction. This Agreement and all
matters arising thereunder shall be governed by the laws of the Province of
Ontario

              SECTION 5.3 BINDING EFFECT; ASSIGNMENT; This Agreement and all of
its provisions, rights and obligation shall be binding and shall inure to the
benefit of the parties hereto and their respective successors, heirs and legal
representatives. This Agreement may not be assigned by any party except with the
written consent of the other party hereto provided however that any benefit and
Compensation provided herein may be assigned without the consent of the other
party hereto.

              SECTION 5.4 ENTIRE AGREEMENT AND MODIFICATION. This Agreement
constitutes the entire agreement between the parties hereto and supersedes all
prior agreements and undertakings, whether oral or written, relative to the
subject matter hereof. To be effective any modification of this Agreement must
be in writing and signed by the party to be charged thereby.

              SECTION 5.5 SEVERABILITY. If any provision of this Agreement for
any reason shall be held to be illegal, invalid or unenforceable, such
illegality shall not affect any other provision of this Agreement, but this
Agreement shall be construed as if such illegal, invalid or unenforceable
provision had never been included therein.

              SECTION 5.6 HEADINGS. The headings of the Sections and Articles of
this Agreement are inserted for convenience of reference only and shall not in
any manner affect the construction or meaning of anything herein contained or
govern the rights or liabilities of the parties hereto.

              SECTION 5.7 INDEMNITY. The Company, its directors and officers
agree to indemnify and hold harmless Business Consultant to the full extent
lawful against any and all claims, losses, damages, liabilities, costs and
expenses arising out of, or related to, his role with The Company.

              SECTION 5.8 NOTICES. All notices, requests and communications
required or permitted hereunder shall be in writing and shall be sufficiently
given and deemed to have been received upon personal delivery, respectively
addressed to the Company or the Business Consultant as follows:

The Company:  Thinkpath Inc.............The Business         Mark Young, CA,
              55 University Ave         Consultant:          204 Pandora Cres
              Suite 400,                                     Kitchener, Ontario
              Toronto Ontario M5J2H7                         N2H 3E6

Attention:    Declan French,
              CEO

                                      -4-
<PAGE>

           SECTION 5.8 FURTHER ASSURANCES. The parties hereto agree from time to
time after the execution hereof to make, do, execute or cause or permit to be
made, done or executed all such further and other lawful acts, deeds, things,
devices and assurances in law whatsoever as may be required to carry out the
true intention and to give full force and effect to this Agreement.

           IN WITNESS WHEREOF, the parties have duly executed this Agreement as
of the 24th day of June 2002.

Thinkpath Inc..                                     Mark Young, CA,

/S/ DECLAN FRENCH                                   /S/ MARK YOUNG
-------------------------------                     --------------------------
By Declan  French                                   Mark Young, CA
      CEO                                           The Business Consultant

KELLY  HANKINSON
-------------------------------
As Witness: Kelly Hankinson, CFO

                                      -5-
<PAGE>

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