Document:

Exhibit 10.4

                              CONSULTING AGREEMENT

     This Consulting Agreement  ("Agreement") is made effective this 15th day of
August,  2003, by Pacific Charter Financial Services Corporation of 30025 Alicia
Parkway,  PMB  158,  Laguna  Niguel,  California  92677,  a  Nevada  corporation
("Consultant")  and  Millenium  Holding  Group,  Inc.,  of 11  Knob  Oak  Drive,
Henderson,  Nevada 89052, a Nevada  corporation,  ("Client") with respect to the
following:

                                    RECITALS

     THAT,   Consultant  is  in  the  business  of  providing  general  business
consulting services to privately held and publicly held corporations; and

     THAT,  Client  is in need of funds,  either  debt or  equity  and  requests
Consultant to assist the Company to obtain such funds in an amount stated herein
or agreed to at the time.

     THAT, Client desires to retain Consultant to provide corporate and business
consulting services as stated below, and

     THAT,  for the purposes of this  Agreement,  "Client" shall mean to include
entities affiliated with Client, as in Exhibit "A" attached hereto".

     In consideration of the mutual promises, covenants and agreements contained
herein, and for other good and valuable consideration,  the receipt and adequacy
of which is expressly acknowledged, Client and Consultant agree as follows:

I. Engagement of Consultant.

1.   To access, analyze and develop a plan of strategic growth strategies.

2.   To develop a plan to raise funds in the amount of $  5,000,000  (U.S.) from
     the following:

     a.  Consultant  has  developed  a  proprietary   program  entitled  "Pargro
     Performance(TM)" and Client, under a separate agreement, reserves the above
     amount  from  monies  raised  through  a  Regulation  D,  Rule 506  Private
     Placement (the "Fund").

          i.  Consultant  shall be paid for its services in accordance with this
          Agreement.

          ii. Client  understands and agrees that the services being  undertaken
          shall survive the life of this Letter Agreement.

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3.   Provide  on-going  assessment  and coaching as to the  business  affairs of
     Client during the term of this agreement.

     a. This Consulting Agreement is for a term of One Year.

4.   Provide  additional  services  as stated  herein or attached as an addendum
     hereto to become a part hereof.

II. Duties and Responsibilities.

1.   Pre Funding:  Consultant shall process and receive the  documentation  with
     regard to the raising of funds:

     a.  Structure  and  implement the raising of funds in such amount as agreed
     upon, or as developed through the adjustment of the Client's Business Plan,
     marketing plan and financial projections.  b. Prepare or have prepared such
     documentation as necessary for the raising of funds. c. Be available to the
     staff and  Board of  Directors  by  telephone  to  evaluate  the  company's
     business progress and decisions necessary for the growth of Client.

2.   Post Funding.

     a. Establish  with Client  overview and audit  procedures not  inconsistent
     with the rules and  regulations of the  Securities and Exchange  Commission
     and any other regulatory  agency. b. Meet monthly in person,  and/or weekly
     by  phone,  or as  necessary  during  the term of this  engagement  for the
     continuation  of Client's  growth.  c. Be available  to assist  Client with
     additional  financing and service requests,  at additional  compensation as
     stated  on  the  enclosed   amendment,   which  when  attached   hereto  is
     incorporated therein.

III. Client  Responsibilities.  In order to carry out its engagement,  following
are listed items the Client is required to provide:

1.   Client's current  augmented  Business Plan,  projections,  use of proceeds,
     timeline,  and current  financial  statement  within 15 days from signature
     herein.  The Business Plan setting forth your goals and projections for the
     ensuing three (3) - five (5) years augmented for the Pargro Performance(TM)
     Offering.

2.   Completion of Due Diligence Questionnaire.

3.   Should  Legal  services  be  required:   Client  shall  engage   Securities
     Attorneys, at Client's cost, to provide services to Client.

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IV. COMPENSATION FOR SERVICES:

1.   Consultant  shall receive a One (1) year on-going  advisory fee of $100,000
     from the proceeds of the Pargro Performance(TM) Fund.

     a.  A  pay  order  shall  allow  disbursement  of  funds  from  the  Pargro
     Performance(TM) Fund, after Client's receipt of $500,000, thereafter paying
     as follows  until the $100,000  advisory  fee is paid:  At a rate of 25% of
     disbursement to Consultant and 75% to Client until fully paid.

     b. The term is One (1) year from the date of  signature  to this  Agreement
     for services as stated herein.

2.   Client may request  additional  services at agreed  compensation,  which is
     attached pursuant to Schedule 1, and included herein by this reference.

3.   Common Stock.  Consultant  shall have the right to purchase Common Stock of
     the  Company  equal to Five (5%)  Percent  of the  issued  and  outstanding
     shares:

     a.  Shares  shall be  purchased  at a price  equal to the bid  price of the
     Company's  common  stock at the first  disbursements  of proceeds  from the
     Pargro  Performance Fund.

     b. The shares will be purchased on an incremental  basis  proportionate  to
     the  funds  received  by  Participant  from  the  proceeds  of  the  Pargro
     Performance  Offering,  up to a total of Five (5) Percent of the issued and
     outstanding shares, as stated above.

     c. Whether or not this Consulting  Agreement is still in effect  Consultant
     shall be allowed to purchase  the shares  stated above at the same price as
     originally purchased for a term of three (3) year.

     d.  Consultant  shall have the right to  designate  the  issuance  of these
     shares, in whole or in part.

     e The certificates for these shares shall be issued by Client,  or transfer
     agent, as stated herein.

     f. The shares issued to Pacific  Charter  shall carry a legend  pursuant to
     Rule 144, required by the Securities and Exchange Commission at the time of
     issue. However, Client agrees and shall confirm by issuance of a Resolution
     from its Board of  Directors  that the  Consultant's  shares of Client,  in
     whole or in part, shall be a part of any registered CLIENT offering.

V. EXPENSES.

Travel, printing,  promotional materials, postage, courier services, labor, show
materials,  and any and all costs advanced at Client's  request and approval are
to be invoiced by Consultant and paid within 30 days. If Client  terminates this
Agreement  as  stated  herein,  any  monies  advanced  by  Consultant  shall  be
reimbursed.

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VI. TERMS AND CONDITIONS TO ENGAGEMENT.

1.   Consultant is an independent contractor and is not to be deemed an employee
     of CLIENT.  CLIENT has no control over Consultant's time, place of business
     or number of hours spent towards the engagement.

2.   Termination:

     a.   This  Agreement is contingent  upon Client  reserving a portion in the
          Pargro Performance Fund. Should Client not participate by termination,
          non  performance,  or rejection by Manager of the Fund, this Agreement
          becomes null and void.

     b.   Consultant  may terminate  this  Agreement for  non-payment,  or if an
          unanticipated  material change occurs in CLIENT's financial condition,
          management   malfeasance,   and/or   federal  or  state  laws   and/or
          regulations   make   continued   performance   under  this   Agreement
          unreasonable.  All  fees  and  expenses  due  hereunder  shall  become
          immediately due and payable

     c.   This  Agreement may be terminated by either party with a 30 day notice
          in  writing,  however,  the fees and  compensation  deemed  earned  or
          non-cancelable shall be paid in full.

     d.   If the engagement period ends, Client may exercise an option to extend
          for up to an additional 12 months at a rate to be  negotiated.  If the
          engagement  is not extended,  then work shall cease,  and all fees and
          expenses due hereunder shall become immediately due and payable.

3    Consultant will faithfully  perform the duties stated herein to the best of
     its experience,  ability,  and talents.  Consultant  works on a team basis.
     Individual  team members may  participate  in various  duties and phases of
     this engagement.  CLIENT  understands and acknowledges  that the success or
     failure of Consultant's  efforts will be predicated on CLIENT's performance
     and Consultant's best efforts.

     a.   In the event of Terrorist  activities or natural  disasters that delay
          the ability to perform the services  stated  herein,  Client shall not
          hold Consultant  responsible for delays or inability to perform due to
          the conditions for which Consultant has no control.

4.   This Agreement may be amended in writing between the parties hereto.

5.   The validity,  interpretation  and  performance of this Agreement  shall be
     governed by the laws of the State of California, County of Orange.

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 6.  Arbitration.  The parties  agree that any  dispute  that cannot be resolved
     between  them  shall  be  arbitrated   under  the  rules  of  the  American
     Arbitration  Association at a mutually  agreeable location in the County of
     Orange, State of California.  The parties agree that Arbitration shall have
     one  Arbitrator  if  the  amount  shall  not  exceed  $500,000,  and  three
     Arbitrators  if the  amount  shall be  $500,001  and  above.  Any  judgment
     rendered by the  Arbitrators  may be entered in any court having  competent
     jurisdiction thereover.

 7.  Hold Harmless.  Client shall hold Consultant harmless from any suit or lien
     brought about due to Client's operation of its business,  including but not
     limited to Royalty Revenue Interest Holders and Stockholders.

 8.  Further Documents. Each party hereto agrees to promptly execute any and all
     further documents and to undertake such further acts as may be necessary or
     appropriate  to effectuate  the terms of this  Agreement and agrees that it
     will  cooperate  with the other party to  effectuate  the intention of this
     Agreement.

 9.  Counterparts/Facsimile.  This Agreement may be executed in counterparts and
     all  parties  shall  deem  each such  counterpart,  the  equivalent  of any
     original thereof upon the execution of this Agreement. Facsimile signatures
     shall be accepted as original.

 10. Binding  Effect.  This  Agreement is and shall be binding upon the parties,
     their  successors  and  assigns.  The  undersigned  warrant  that  they are
     authorized to execute this Agreement on behalf of their respective parties.

 11. Severability.  In the event that any term or  provision  of this  Agreement
     shall for any reason be held to be invalid,  illegal,  or  unenforceable in
     any respect,  such invalidity,  illegality,  or unenforceability  shall not
     affect any other term or provision and this Agreement  shall be interpreted
     and  construed as if such term or  provision,  to the extent the same shall
     have been held to be invalid,  illegal,  or  unenforceable,  had never been
     contained herein.

 12. Integration. This Agreement represents the entire understanding between the
     parties hereto with respect to the subject matter hereof and this Agreement
     supersedes  all previous  representations,  understandings,  or agreements,
     oral or written,  between the parties  with  respect to the subject  matter
     hereof and may not be amended except in writing.

The below  signature is signed by an  authorized  officer of the Company and the
Board of Directors agrees to be bound by the terms and conditions stated herein.

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IN WITNESS WHEREOF,  the parties have executed this Agreement on the date herein
above written.

PACIFIC CHARTER FINANCIAL SERVICES           MILLENIUM HOLDING GROUP, INC.
CORPORATION

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Helen Gibbel Painter, President              Richard Ham, President

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                                   SCHEDULE 1
                               ADDITIONAL SERVICES

PLEASE LIST ADDITIONAL SERVICES REQUESTED:

CONDITIONS TO SERVICES:

COMPENSATION:

The above services are hereby approved:

CLIENT:___________________________________      DATED:_____________________

AUTHORIZED BY:_________________________________ TITLE:_____________________

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                                   EXHIBIT "A"

The term  "Clients"  as used herein  shall  include the  following,  jointly and
severally, its subsidiaries and affiliates, as well as corporations and entities
formed during the course of the Agreement:

Names:
Millenium Holding Group, Inc.

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                                                                     EXHIBIT 4.3

                                  CALTON, INC.
                           2000 EQUITY INCENTIVE PLAN

1.   PURPOSE.

     The purpose of this Calton, Inc. 2000 Equity Incentive Plan (the "Plan") is
     to advance the interests of Calton, Inc. (the "Company") and its
     subsidiaries by enhancing the ability of the Company to (i) attract and
     retain employees and other persons or entities who are in a position to
     make significant contributions to the success of the Company and its
     subsidiaries; (ii) reward such persons for such contributions; and (iii)
     encourage such persons or entities to take into account the long-term
     interest of the Company through ownership of shares of the Company's common
     stock, $.05 par value per share (the "Common Stock").

     The Plan is intended to accomplish these objectives by enabling the Company
     to grant awards ("Awards") in the form of incentive stock options ("ISOs"),
     nonqualified stock options ("Nonqualified Options") (ISOs and Nonqualified
     Options shall be collectively referred to herein as "Options"), stock
     appreciation rights ("SARs"), restricted stock ("Restricted Stock"),
     deferred stock ("Deferred Stock"), or other stock based awards ("Other
     Stock Based Awards"), all as more fully described below.

2.   ADMINISTRATION.

     The Plan will be administered by the Compensation Committee (the
     "Committee") of the Board of Directors of the Company (the "Board"). The
     Committee may be constituted to permit the Plan to comply with the "outside
     director" requirement of Section 162(m)(4)(c)(i) of the Internal Revenue
     Code of 1986, as amended (the "Code"), and the regulations promulgated
     thereunder, or any successor rules. The Committee will determine the
     recipients of Awards, the times at which Awards will be made, the size and
     type or types of Awards to be made to each recipient, and will set forth in
     each such Award the terms, conditions and limitations applicable to the
     Award granted. Awards may be made singly, in combination or in tandem. The
     Committee will have full and exclusive power to interpret the Plan, to
     adopt rules, regulations and guidelines relating to the Plan, to grant
     waivers of Plan restrictions and to make all of the determinations
     necessary for its administration. Such determinations and actions of the
     Committee, and all other determinations and actions of the Committee made
     or taken under authority granted by any provision of the Plan, will be
     conclusive and binding on all parties.

3.   EFFECTIVE DATE AND TERM OF PLAN.

     The Plan will become effective on January 27, 2000, but shall be subject to
     approval by the requisite vote of the Company's shareholders. Any Awards
     granted under the Plan prior to such shareholder approval shall be
     conditioned upon such shareholder approval and shall be null and void if
     such approval is not obtained.

<PAGE>

     The Plan will terminate on January 27, 2010, subject to earlier termination
     of the Plan by the Board pursuant to Section 18 herein. No Award may be
     granted under the Plan after the termination date of the Plan, but Awards
     previously granted may extend beyond that date pursuant to the terms of
     such Awards.

4.   SHARES SUBJECT TO THE PLAN.

     Subject to adjustment as provided in Section 16 herein, the aggregate
     number of shares of Common Stock reserved for issuance pursuant to Awards
     granted under the Plan shall be one million three hundred thousand
     (1,300,000) shares. The maximum number of shares of Common Stock which may
     be issued to the Chief Executive Officer ("CEO") of the Company pursuant to
     all Awards granted the CEO under the Plan shall not exceed thirty-five
     percent (35%) of the number of shares of the Company's Common Stock
     reserved for issuance hereunder. The maximum number of shares of the
     Company's Common Stock awarded to any other "Participant" (as defined in
     Section 5 below) pursuant to all Awards granted to such Participant under
     the Plan shall not exceed twenty percent (20%) of the number of shares of
     the Company's Common Stock reserved for issuance hereunder.

     The shares of Common Stock delivered under the Plan may be either
     authorized but unissued shares of Common Stock or shares of the Company's
     Common Stock held by the Company as treasury shares, including shares of
     Common Stock acquired by the Company in open market and private
     transactions. No fractional shares of Common Stock will be delivered
     pursuant to Awards granted under the Plan and the Committee shall determine
     the manner in which fractional share value will be treated.

     If any Award requiring exercise by a Participant for delivery of shares of
     Common Stock is cancelled or terminates without having been exercised in
     full, or if any Award payable in shares of Common Stock or cash is
     satisfied in cash rather than Common Stock, the number of shares of Common
     Stock as to which such Award was not exercised or for which cash was
     substituted will be available for future Awards of Common Stock; provided,
     however, that Common Stock subject to an Option cancelled upon the exercise
     of an SAR shall not again be available for Awards under the Plan unless,
     and to the extent that, the SAR is settled in cash. Shares of Restricted
     Stock and Deferred Stock forfeited to the Company in accordance with the
     Plan and the terms of the particular Award shall be available again for
     Awards under the Plan unless the Committee determines otherwise.

5.   ELIGIBILITY AND PARTICIPATION.

     Those eligible to receive Awards under the Plan (each, a "Participant" and
     collectively, the "Participants") will be persons in the employ of the
     Company or any of its subsidiaries designated by the Committee
     ("Employees") and other persons or entities who, in the opinion of the
     Committee, are in a position to make a significant contribution to the
     success of the Company or its subsidiaries, including, without limitation,
     consultants and agents of the Company or any subsidiary. A "subsidiary" for
     purposes of the Plan will be a present or future corporation of which the
     Company owns or controls,

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     or will own or control, more than 50% of the total combined voting power of
     all classes of stock or other equity interests.

6.   OPTIONS.

     (a)  NATURE OF OPTIONS. An Option is an Award entitling the Participant to
          purchase a specified number of shares of Common Stock at a specified
          exercise price. Both ISOs, as defined in Section 422 of the Code, and
          Nonqualified Options may be granted under the Plan; provided however,
          that ISOs may be awarded only to Employees.

     (b)  EXERCISE PRICE. The exercise price of each Option shall be equal to
          the "Fair Market Value" (as defined below) of the Common Stock on the
          date the Award is granted to the Participant; provided, however, that
          (i) in the Committee's discretion, the exercise price of a
          Nonqualified Option may be less than the Fair Market Value of the
          Common Stock on the date of grant; (ii) with respect to a Participant
          who owns more than ten percent (10%) of the total combined voting
          power of all classes of stock of the Company, the option price of an
          ISO granted to such Participant shall not be less than one hundred and
          ten percent (110%) of the Fair Market Value of the Common Stock on the
          date the Award is granted; and (iii) with respect to any Option
          repriced by the Committee, the exercise price shall be equal to the
          Fair Market Value of the Common Stock on the date such Option is
          repriced unless otherwise determined by the Committee. For purposes of
          this Plan, Fair Market Value shall mean the average of the high and
          low sales prices of the Common Stock as reported on the American Stock
          Exchange, or if not reported on the American Stock Exchange, on the
          principal securities exchange on which the Common Stock is listed, or
          if not so listed, the high and low sales prices (or the average of the
          high asked and low bid prices of the Common Stock if sales price
          information is not reported) of the Common Stock as reported by the
          Nasdaq Stock Market or, if not reported on the Nasdaq Stock Market, by
          the NASD OTC Bulletin Board or similar quotation service. If the
          Common Stock is not publicly traded, Fair Market Value shall be
          determined in good faith by the Board of Directors.

     (c)  DURATION OF OPTIONS. The term of each Option granted to a Participant
          pursuant to an Award shall be determined by the Committee; provided,
          however, that in no case shall an Option be exercisable more than ten
          (10) years (five (5) years in the case of an ISO granted to a
          ten-percent stockholder as defined in (b) above) from the date of the
          Award.

     (d)  EXERCISE OF OPTIONS AND CONDITIONS. Except as otherwise provided in
          Sections 16 and 17 herein, and except as otherwise provided below with
          respect to ISOs, Options granted pursuant to an Award will become
          exercisable at such time or times, and on and subject to such
          conditions, as the Committee may specify at the time of the Award. The
          Options may be subject to such restrictions, conditions and forfeiture
          provisions as the Committee may determine, including, but not limited
          to, restrictions on transfer, continuous service with the Company or
          any of

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          its subsidiaries, achievement of business objectives, and individual,
          division and Company performance. To the extent exercisable, an Option
          may be exercised either in whole at any time or in part from time to
          time. With respect to an ISO granted to a Participant, the Fair Market
          Value of the shares of Common Stock on the date of grant which are
          exercisable for the first time by a Participant during any calendar
          year shall not exceed $100,000.

     (e)  PAYMENT FOR AND DELIVERY OF STOCK. Full payment for shares of Common
          Stock purchased will be made at the time of the exercise of the
          Option, in whole or in part. Payment of the purchase price will be
          made in cash or in such other form as the Committee may permit,
          including, without limitation, delivery of shares of Common Stock.

7.   STOCK APPRECIATION RIGHTS.

     (a)  NATURE OF STOCK APPRECIATION RIGHTS. A SAR is an Award entitling the
          recipient to receive payment, in cash and/or shares of Common Stock,
          determined in whole or in part by reference to appreciation in the
          value of a share of Common Stock. A SAR entitles the recipient to
          receive in cash and/or shares of Common Stock, with respect to each
          SAR exercised, the excess of the Fair Market Value of a share of
          Common Stock on the date of exercise over the Fair Market Value of a
          share of Common Stock on the date the SAR was granted.

     (b)  GRANT OF SARS. SARs may be subject to Awards in tandem with, or
          independently of, Options granted under the Plan. A SAR granted in
          tandem with an Option which is not an ISO may be granted either at or
          after the time the Option is granted. A SAR granted in tandem with an
          ISO may be granted only at the time the ISO is granted and may expire
          no later than the expiration of the underlying ISO.

     (c)  EXERCISE OF SARS. A SAR not granted in tandem with an Option will
          become exercisable at such time or times, and on such conditions, as
          the Committee may specify. A SAR granted in tandem with an Option will
          be exercisable only at such times, and to the extent, that the related
          option is exercisable. A SAR granted in tandem with an ISO may be
          exercised only when the market price of the shares of Common Stock
          subject to the ISO exceeds the exercise price of the ISO, and the SAR
          may be for no more than one hundred percent (100%) of the difference
          between the exercise price of the underlying ISO and the Fair Market
          Value of the Common Stock subject to the underlying ISO at the time
          the SAR is exercised. At the option of the Committee, upon exercise,
          an SAR may be settled in cash, Common Stock or a combination of both.

8.   RESTRICTED STOCK.

     A Restricted Stock Award entitles the recipient to acquire shares of Common
     Stock, subject to certain restrictions or conditions, for no cash
     consideration, if permitted by applicable law, or for such other
     consideration as may be determined by the Committee.

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     The Award may be subject to such restrictions, conditions and forfeiture
     provisions as the Committee may determine, including, but not limited to,
     restrictions on transfer, continuous service with the Company or any of its
     subsidiaries, achievement of business objectives, and individual, division
     and Company performance. Subject to such restrictions, conditions and
     forfeiture provisions as may be established by the Committee, any
     Participant receiving an Award of Restricted Stock will have all the rights
     of a stockholder of the Company with respect to the shares of Restricted
     Stock, including the right to vote the shares and the right to receive any
     dividends thereon.

9.   DEFERRED STOCK.

     A Deferred Stock Award entitles the recipient to receive shares of Common
     Stock to be delivered in the future. Delivery of the shares of Common Stock
     will take place at such time or times, and on such conditions, as the
     Committee may specify. At the time any Deferred Stock Award is granted, the
     Committee may provide that the Participant will receive an instrument
     evidencing the Participant's right to future delivery of Deferred Stock.

10.  DIRECTOR'S FEES.

     Subject to the limitation contained in Section 4 of this Plan on the number
     of shares of Common Stock which may be issued pursuant to this Plan, any
     member of the Board who provides written notice to the Company shall be
     entitled to receive all or a portion of the member's annual board retainer
     fee, Board meeting fees, and Board committee fees in the form of shares of
     the Company's Common Stock. Any member of the Board who desires to receive
     all or any part of such Board fees in shares of Common Stock must provide
     the Chief Financial Officer of the Company with written notice of the
     member's election (an "Election") to receive payment of Board fees in this
     form no later than five (5) business days prior to the date of payment of
     such fees. Shares of Common Stock with an aggregate Fair Market Value, on
     the date preceding the date of payment of Board fees, equal to the
     aggregate amount of such Board fees shall be issued to the Board member no
     later than fifteen (15) business days following the date of payment of such
     Board fees by the Company.

11.  FORMULA AWARDS.

     On each date that (i) an individual who is not an employee of the Company
     or any subsidiary is elected or reelected as a director by the shareholders
     of the Company and (ii) that an annual meeting of shareholders of the
     Company is held during the term of office of such director (but excluding
     any annual meeting at which such director's term of office expires and such
     director is not reelected) such director shall receive, on such date, a
     grant of Nonqualified Stock options to acquire ten thousand (10,000) shares
     of Common Stock and each such Option shall have a per share exercise price
     equal to the Fair Market Value of the Common Stock on such date of grant.
     Each Nonqualified Stock Option granted to a non-employee Director pursuant
     to this Section 11 shall have a term of five (5) years from the date of
     grant and shall vest and become fully exercisable on the first anniversary
     of such date of grant. In order for a non-employee Director to be

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     granted such Nonqualified Stock options, the Director must have attended
     seventy-five (75%) of all Board meetings and seventy-five percent (75%) of
     all Board committee meetings, of which the Director is a member, called and
     held during the previous twelve (12) months while such Director was a
     member of the Board and committees). Notwithstanding anything to the
     contrary set forth above, no awards of Nonqualified Stock Options shall be
     made pursuant to this Section 11 to a Director who is receiving a
     comparable award under the Company's 1996 Equity Incentive Plan. The
     provisions of this Section 11 of the Plan shall not be amended more than
     once every six (6) months, other than to comport with changes in the
     Internal Revenue Code of 1986, as amended, the Employee Retirement Income
     Security Act of 1974, or the rules thereunder.

12.  OTHER STOCK BASED AWARDS.

     The Committee shall have the right to grant Other Stock Based Awards under
     the Plan to Employees which may include, without limitation, the grant of
     shares of Common Stock as bonus compensation and the issuance of shares of
     Common Stock in lieu of an Employee's cash compensation.

13.  AWARD AGREEMENTS.

     The grant of any Award under the Plan may be evidenced by an agreement
     which shall describe the specific Award granted and the terms and
     conditions of the Award. Any Award shall be subject to the terms and
     conditions of any such agreement required by the Committee.

14.  TRANSFERS.

     No Award (other than an outright Award in the form of Common Stock without
     any restrictions) may be assigned, pledged or transferred other than by
     will or by the laws of descent and distribution and, during a Participant's
     lifetime, will be exercisable only by the Participant or, in the event of a
     Participant's incapacity, by the Participant's guardian or legal
     representative.

15.  RIGHTS OF A STOCKHOLDER.

     Except as specifically provided by the Plan, the receipt of an Award will
     not give a Participant rights as a stockholder of the Company. The
     Participant will obtain such rights, subject to any limitations imposed by
     the Plan, or the instrument evidencing the Award, upon actual receipt of
     shares of Common Stock.

16.  CONDITIONS ON DELIVERY OF STOCK.

     The Company will not be obligated to deliver any shares of Common Stock
     pursuant to the Plan or to remove any restrictions or legends from shares
     of Common Stock previously delivered under the Plan until, (a) in the
     opinion of the Company's counsel, all applicable federal and state laws and
     regulations have been complied with, (b) until the shares of Common Stock
     to be delivered have been listed or authorized to be listed on the American
     Stock Exchange (or such other exchange or quotation system on which shares

                                        6
<PAGE>

     of Common Stock may be listed or quoted), and (c) until all other legal
     matters in connection with the issuance and delivery of such shares of
     Common Stock have been approved by the Company's counsel. If the sale of
     shares of Common Stock has not been registered under the Securities Act of
     1933, as amended (the "Act"), and qualified under the appropriate "blue
     sky" laws, the Company may require, as a condition to exercise of the
     Award, such representations and agreements as counsel for the Company may
     consider appropriate to avoid violation of such Act and laws and may
     require that the certificates evidencing such shares of Common Stock bear
     an appropriate legend restricting transfer.

     If an Award is exercised by a Participant's legal representative, the
     Company will be under no obligation to deliver shares of Common Stock
     pursuant to such exercise until the Company is satisfied as to the
     authority of such representative.

17.  TAX WITHHOLDING.

     The Company will have the right to deduct from any cash payment under the
     Plan taxes that are required to be withheld and to condition the obligation
     to deliver or vest shares of Common Stock under this Plan upon the
     Participant's paying the Company such amount as the Company may request to
     satisfy any liability for applicable withholding taxes. The Committee may
     in its discretion permit Participants to satisfy all or part of their
     withholding liability either by delivery of shares of Common Stock held by
     the Participant or by withholding shares of Common Stock to be delivered to
     a Participant upon the grant or exercise of an Award.

18.  ADJUSTMENT OF AWARD.

     (a)  In the event that a dividend shall be declared upon the Common Stock
          payable in shares of Common Stock, the number of shares of the Common
          Stock then subject to any Award and the number of shares of the Common
          Stock which may be issued under the Plan but not yet covered by an
          Award shall be adjusted by adding to each share the number of shares
          which would be distributable thereon if such shares had been
          outstanding on the date fixed for determining the stockholders
          entitled to receive such stock dividend. In the event that the
          outstanding shares of the Common Stock shall be changed into or
          exchanged for a different number or kind of shares of Common Stock or
          other securities of the Company or of another corporation or for cash,
          whether through reorganization, recapitalization, stock split,
          combination of shares, sale of assets, merger or consolidation in
          which the Company is the surviving corporation, then, there shall be
          substituted for each share of the Common Stock then subject to any
          Award, the number and kind of shares of stock or other securities or
          the amount of cash into which each outstanding share of the Common
          Stock shall be so changed or for which each such share shall be
          exchanged.

     (b)  In the event of a proposal, which is approved by the Board, of any
          merger or consolidation involving the Company where the Company is not
          the surviving entity, any sale of substantially all of the Company's
          assets or any other

                                        7
<PAGE>

          transaction or series of related transactions as a result of which a
          single person or several persons acting in concert own a majority of
          the Company's then outstanding Common Stock (such merger,
          consolidation, sale of assets, or other transaction being hereinafter
          referred to as a "Transaction"), all outstanding options and SARs
          shall become exercisable immediately before or contemporaneously with
          the consummation of such Transaction and each outstanding share of
          Restricted Stock and each outstanding Deferred Stock Award shall
          immediately become free of all restrictions and conditions upon
          consummation of such Transaction. Immediately following the
          consummation of the Transaction, all outstanding Options and SARs
          shall terminate and cease to be exercisable.

          In lieu of the foregoing, if the Company will not be the surviving
          corporation or entity, the Committee may arrange to have such
          acquiring or surviving corporation or entity, or an "Affiliate,, (as
          defined below) thereof, grant replacement Awards which shall be
          immediately exercisable to Participants holding outstanding Awards.

          The term "Affiliate," with respect to any Person, shall mean any other
          Person who is, or would be deemed to be an "affiliate" or an
          "associate" of such Person within the respective meanings ascribed to
          such terms in Rule 12b-2 of the General Rules and Regulations under
          the Securities Exchange Act of 1934. The term "Person" shall mean a
          corporation, association, partnership, joint venture, trust,
          organization, business, individual or government or any governmental
          agency or political subdivision thereof.

     (c)  In the event of the dissolution or liquidation of the Company (except
          a dissolution or liquidation relating to a sale of assets or other
          reorganization of the Company referred to in the preceding sections),
          the outstanding options and SARs shall terminate as of a date fixed by
          the Committee; provided, however, that not less than thirty (30) days
          written notice of the date so fixed shall be given to each Participant
          who shall have the right during such period to exercise the
          Participant's Options or SARs as to all or any part of the shares of
          Common Stock covered thereby. Further, in the event of the dissolution
          or liquidation of the Company, each outstanding share of Restricted
          Stock and each outstanding Deferred Stock Award shall immediately
          become free of all restrictions and conditions.

19.  TERMINATION OF SERVICE.

     Upon a Participant's termination of service with the Company or a
     subsidiary (if an employee only of a subsidiary), any outstanding Award
     shall be subject to the terms and conditions set forth below, unless
     otherwise determined by the Committee:

     (a)  In the event a Participant leaves the employ or service of the Company
          or a subsidiary of the Company, prior to the Participant's 65th
          birthday, whether voluntarily or otherwise but other than by reason of
          the Participant's death or

                                        8
<PAGE>

          "disability" (as such term is defined in Section 22(e)(3) of the
          Code), each Option and SAR granted to the Participant shall terminate
          upon the earlier to occur of (i) the expiration of the period three
          (3) months after the date of such termination and (ii) the date
          specified in the Option or SAR; provided, that, prior to the
          termination of such Option or SAR, the Participant shall be able to
          exercise any part of the Option or SAR which is exercisable as of the
          date of termination. Further, each outstanding share of Restricted
          Stock and each outstanding Deferred Stock Award which remains subject
          to any restrictions or conditions of the Award shall be forfeited to
          the Company upon such date of termination.

     (b)  In the event a Participant's employment with or service to the Company
          or its subsidiaries terminates by reason of the Participant's death or
          "disability" (as such term is defined in Section 22(e)(3) of the
          Code), each Option and SAR granted to the Participant shall become
          immediately exercisable in full and shall terminate upon the earlier
          to occur of (i) the expiration of the period six (6) months after the
          date of such termination and (ii) the date specified in the option or
          SAR. Further, each outstanding share of Restricted Stock and each
          outstanding Deferred Stock Award shall immediately become free of all
          restrictions and conditions upon the date of such termination.

     (c)  In the event a Participant voluntarily or involuntarily leaves the
          employ or service of the Company or a subsidiary of the Company, after
          the Participant's 65th birthday, each Option and SAR granted to the
          Participant shall become immediately exercisable in full and shall
          terminate upon the earlier to occur of (i) the expiration of three (3)
          months after the date of such termination and (ii) the date specified
          in the Option or SAR. Further, each outstanding share of Restricted
          Stock and each outstanding Deferred Stock Award shall immediately
          become free of all restrictions and conditions upon the date of such
          termination.

20.  AMENDMENTS AND TERMINATION.

     The Committee will have the authority to make such amendments to any terms
     and conditions applicable to outstanding Awards as are consistent with this
     Plan; provided, that, except for adjustments under Section 16 hereof, no
     such action will modify such Award in a manner adverse to the Participant
     without the Participant's consent except as such modification is provided
     for or contemplated in the terms of the Award.

     The Board may amend, suspend or terminate the Plan, subject to shareholder
     approval if so required by any applicable federal or state securities laws,
     tax laws or corporate statute, except that no action may, without the
     consent of a Participant, adversely affect any Award previously granted to
     the Participant under the Plan.

21.  SUCCESSORS AND ASSIGNS.

     The provisions of this Plan shall be binding upon all successors and
     assigns of any such Participant including, without limitation, the estate
     of any such Participant and the

                                        9
<PAGE>

     executors, administrators, or trustees of such estate, and any receiver,
     trustee in bankruptcy or representative of the creditors of any such
     Participant.

22.  MISCELLANEOUS.

     (a)  This Plan shall be governed by and construed in accordance with the
          laws of the State of New Jersey.

     (b)  Any and all funds received by the Company under the Plan may be used
          for any corporate purpose.

     (c)  Nothing contained in the Plan or any Award granted under the Plan
          shall confer upon a Participant any right to be continued in the
          employment of the Company or any subsidiary, or interfere in any way
          with the right of the Company, or its subsidiaries, to terminate the
          employment relationship at any time.

          Reflects amendments through May 21, 2003 and effects of
          reverse/forward stock split effected as of May 31, 2000.

                                       10

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