Document:

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                                                                   Exhibit 10.23

                        AMENDMENT TO EMPLOYMENT AGREEMENT

This Amendment is made effective as of February 28, 2002, to that certain
Employment Agreement by and between PhoneTel Technologies, Inc. (the
"Corporation") and John D. Chichester (the "Executive") as of April 1, 2000 (the
"Agreement").

In consideration of the continued employment of the Executive pursuant to the
Employment Agreement and for other good and valuable consideration, the receipt
and sufficiency of which is acknowledged, the Corporation and the Executive
hereby agree as follows:

1. DEFINED TERMS. Capitalized terms used but not otherwise defined in this
Amendment shall have the meanings given them in the Agreement.

2. EXTENDED TERM. Section 2 of the Agreement is hereby amended to replace the
one-year Extended Term with successive ninety (90)-day renewal terms which shall
commence upon the expiration of the Initial Term and each renewal term, unless
the Executive is notified by the Board at least thirty (30) days prior to the
expiration of the Initial Term or renewal term then in effect that the Agreement
shall not be further extended. References in the Agreement to the "Extended
Term" are intended, and shall be construed as, a reference to any ninety
(90)-day renewal term then in effect.

3. 2002 BONUS. Section 4(b) of the Agreement shall not apply during the Extended
Term. Effective April 1, 2002, the Executive shall be eligible to earn a cash
bonus based upon the financial performance of the Corporation (the "Incentive
Bonus"), which shall be calculated as set forth in this paragraph. The Incentive
Bonus shall be an amount equal to (A) the Bonus Percentage set forth in the
table below corresponding to the Corporation's financial performance, as
measured by a comparison of actual EBITDA (cumulative for the period beginning
April 1, 2002 through the date on which the Incentive Bonus is calculated) to
projected EBITDA (cumulative) for the same period, multiplied by (B) the maximum
Incentive Bonus amount prorated for the number of months elapsed between April
1, 2002 and the expiration or other termination of the Employment Agreement
(other than for cause). The Incentive Bonus shall be calculated on the earlier
to occur of the expiration or other termination of the Employment Agreement
(other than for cause) or March 31, 2003, and shall be due and payable promptly
to the Executive promptly upon such calculation being completed. The maximum
amount of the Incentive Bonus that may be earned is $100,000 if the Employment
Agreement were to continue for four Extended Terms through March 31, 2003. No
Incentive Bonus shall be payable to the Executive in the event his employment by
the Corporation is terminated for cause.

      PERCENTAGE OF PROJECTED
         EBITDA ACHIEVED                                  BONUS PERCENTAGE

         Less than 80%                                          0%
         80.0% to 84.9%                                         80%
         85.0% to 89.9%                                         85%
         90.0% to 94.9%                                         90%
         95.0% to 99.9%                                         95%
         100% or higher                                        100%

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4. The Corporation's projected EBITDA for the months April 2002 through December
2002 are set forth in Exhibit A hereto.

5. TERMINATION WITHOUT CAUSE. Section 6(e) of the Agreement is hereby amended as
follows:

      a.    In the first sentence of the first paragraph, the words "three (3)
            months" are hereby deleted and replaced with the words "thirty (30)
            days."

      b.    The second paragraph is hereby deleted in its entirety and replaced
            with the following:

      In the event the Corporation terminates the Executive without cause during
      the Extended Term, the amount of the severance payment shall be equal to
      the Executive's salary for the remaining months in the Extended Term (the
      "Extended Term Severance Payment"). The amount of the Extended Term
      Severance Payment shall additionally be increased by a factor of twenty
      percent (20%) to account for the Executive's loss of benefits. The
      Executive shall also be entitled to receive the Incentive Bonus pursuant
      to Section 3 of this Amendment upon such a termination.

6. TERMINATION UPON TRIGGER EVENT. Section 6(f) of the Agreement is hereby
amended as follows: The reference in the second paragraph to "a remaining period
of not less than one (1) year" is hereby deleted and replaced with the words "a
remaining period of not less than ninety (90) days."

7. OTHER TERMS CONTINUE. The Agreement shall continue in full force and effect
according to its terms except as expressly modified and amended in this
Amendment.

IN WITNESS WHEREOF, the parties have executed this Agreement as of the day and
year firstset forth above.

PHONETEL TECHNOLOGIES, INC.

By: /s/ Kevin Schottlaender                      By: /s/ John D. Chichester
   ----------------------------------------         ---------------------------
         Kevin Schottlaender                         John D. Chichester
         Chairman, Compensation Committee
         of the Board of Directors

                                       2<PAGE>
                                                                    EXHIBIT 10.6

                                TEAM MUCHO, INC.

                             2000 STOCK OPTION PLAN

         1.       PURPOSE. The purpose of the TEAM Mucho, Inc. 2000 Stock Option
Plan (the "Plan") is to (i) advance the growth and prosperity of TEAM Mucho,
Inc., an Ohio corporation (the "Corporation"), and its subsidiaries, (ii)
attract and retain key employees of the Corporation and its subsidiaries, and
(iii) further align the interests of such employees, consultants and directors
of the Corporation with those of the Corporation's shareholders, by providing
employees, consultants, and directors of the Corporation and its subsidiaries
with an additional incentive to contribute to the best interests of the
Corporation. Without prejudice to other compensation programs approved from time
to time by the Board of Directors (the "Board") and/or shareholders of the
Corporation, such additional incentive is to be given to qualifying employees by
means of stock options provided for under the Plan. In the discretion of the
Board and the Committee (as defined below), such options may be "Incentive Stock
Options" within the meaning of Section 422 of the Internal Revenue Code of 1986,
as amended (the "Code"), or "non-statutory" stock options.

         2.       ADMINISTRATION OF THE PLAN.

                  (a) Subject to Section 2(f), the Plan shall be administered by
the Board unless and until such time as the Board delegates administration to a
committee pursuant to subparagraph 2(c) below (the "Committee").

                  (b)      The Board shall have the power, in its sole
discretion:

                           (i)  To determine from time to time which of the
qualifying employees and participants (as defined below) shall be granted
options under the Plan, the term of each option granted, the time or times at
which all or portions of each option will become vested and exercisable, the
expiration of each option, whether the options granted shall be Incentive Stock
Options or non-statutory options, and the number of shares for which each option
shall be granted.

                           (ii)  To construe and interpret the Plan and options
granted under it, and to establish, amend and revoke rules and regulations for
its administration consistent with the Plan's provisions and purposes. The
Board, in the exercise of this power, shall generally determine all questions of
policy and expediency that may arise and may correct any defect, omission or
inconsistency in the Plan or in any option agreement in a manner and to the
extent it shall deem necessary or expedient to make the Plan fully effective.

                           (iii)  To prescribe the terms and provisions of each
option granted (which need not be identical).

                           (iv)  To amend the Plan as provided herein.

                           (v)   Generally, to exercise such powers and to
perform such acts as are deemed necessary or expedient to promote the best
interests of the Corporation.

                  (c)      The Board, by resolution, may delegate administration
of the Plan (including, without limitation, the Board's powers under
subparagraph 2(b)) to a Committee composed of not less than two (2) members,
which Committee, upon such time as the Corporation has a class of equity
security registered under Section 12 of the Securities Exchange Act of 1934, as
amended (the "Exchange Act"), will be constituted so as to permit the Plan to
comply with applicable exemptions under Section 16(b) of the Exchange Act and
Rule 16b-3(d) thereunder (as amended, or any successor or similar statute or
rule). If administration is delegated to a Committee, the Committee shall have,
in connection with the administration of the Plan, the powers theretofore
possessed by the Board, subject, however, to such constraints, not inconsistent
with the provisions of the Plan, as may be adopted from time to time by the
Board. The Board at any time may remove members from or add members to the
Committee or may abolish the Committee and revest in the Board the
administration of the Plan, with or without cause. Vacancies on the Committee,
howsoever caused, shall be filled by the Board. A majority of the members of the
Committee shall constitute a quorum for any meeting of the Committee, and
actions of the Committee may be taken by a majority of the members present at a

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meeting if a quorum exists. In addition, action may be taken by a written
instrument signed by all the members of the Committee, and any action so taken
shall be fully effective as if it had been taken at a meeting.

                  (d)      Beginning at such time as the Corporation has a class
of equity security registered under Section 12 of the Exchange Act,
notwithstanding any other provision of the Plan or any option granted hereunder,
the Board or the Committee shall administer the Plan (including any requirements
as to participation by non-employee directors), and the Board may amend the Plan
or any such option, in such manner as the Board may determine, on the advice of
counsel, to be necessary or desirable to satisfy the provisions of Section 16(b)
of the Exchange Act and Rule 16b-3 (as amended, or any successor or similar
statute or rule). Beginning at such time, any provision of the Plan or any
option granted hereunder to the contrary notwithstanding, except to the extent
that the Board or the Committee expressly determines otherwise in writing,
transactions under this Plan by and with respect to officers and directors of
the Company who are subject to Section 16(b) of the Exchange Act shall comply
with all applicable conditions of Section 16(b) of the Exchange Act and Rule
16b-3 thereunder (as amended, or any successor or similar statute or rule)
necessary to make such transactions exempt thereunder.

                  (e)      The interpretation and construction by the Board of
any provisions of the Plan or of any option granted under it, if made in good
faith, shall be final, and the interpretation or construction by any Committee
appointed pursuant to subparagraph 2(c) of any such provisions or option shall
also, if made in good faith and unless otherwise determined by the Board, be
final. No member of such Committee or of the Board shall be liable for any
action or determination made in good faith with respect to the Plan or any
option granted under it.

                  (f)      In the event the Corporation becomes a publically
held corporation within the meaning of Section 162(m) of the Code, a Code
Section 162(m) Committee shall act with all powers and responsibilities of the
Board (or the Committee) with respect to each person covered by the deduction
limitation of Code Section 162(m), as described by Code Section 162(m)(3). The
Code Section 162(m) Committee shall be comprised of two or more Board members
who meet the requirements described in Section 2c and who also each meet the
requirements of an "outside director" within the meaning of Code Section 162(m).
Any reference to Committee or Board herein shall refer to the Code Scetion
162(m) Committee, as appropriate.

         3.       QUALIFYING EMPLOYEES AND PARTICIPANTS. Options may be granted
hereunder to individuals who are employees of the Corporation and/or its
subsidiaries as of the date of grant. Consultants and other independent
contractors, and officers and directors of the Corporation and/or its
subsidiaries who are not also employees of the Corporation and/or its
subsidiaries, shall be entitled to participate in the Plan, to the extent that
the granting to and exercise of options under the Plan by such individuals is
registered or exempt under federal and applicable state securities laws. The
Board or the Committee, as the case may be, shall have the complete power and
discretion to select the participants to whom options are granted, and, subject
to the Plan, to determine for each such participant the terms and conditions of
any option granted, including but not limited to the number of shares covered by
the option, the vesting schedule and expiration date, the Option Price (as
defined below) and whether the option is an Incentive Stock Option or a
non-statutory option.

         4.       THE STOCK.

                  (a)      The stock subject to the options and other provisions
of the Plan shall be shares of the Corporation's authorized and unissued Common
Stock (referred to herein as "Stock"), or reacquired Stock held in the treasury.
The total number of shares of Stock that may be issued pursuant to the exercise
of stock options under the Plan shall not exceed in the aggregate 211,640
shares of Stock. Stock subject to options which terminate or expire prior to
exercise shall be available for granting of further options hereunder. Stock
surrendered upon exercise of an option in payment for the exercise thereof or
in payment of federal, state or local tax withholding liabilities shall also
be included in those shares of Stock available for granting of future options
hereunder.

                  Each option granted under the Plan shall be subject to the
requirement that if at any time the Board or the Committee shall reasonably
determine that the listing, registration, exemption or qualification of the
shares of Stock subject thereto upon any securities exchange or under any state
or federal securities or other law, or the consent or approval of any
governmental regulatory body is necessary or desirable in connection with the
issue or transfer of shares subject thereof, no such option may be exercised in
whole or in part unless such listing, registration, exemption, qualification,
consent or approval shall have been effected or obtained free of any conditions
not acceptable to the Board

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or the Committee. If reasonably required at any time by the Board or the
Committee, an option may not be exercised until the optionee has delivered an
investment letter to the Corporation containing the representations that all
shares of Stock being purchased are being acquired for investment and not with a
view to, or for resale in connection with, any distribution of such shares, and
such other representations as reasonably required by the Corporation to assure
issuance of the shares of Stock upon exercise of the option will be in
compliance with the Securities Act of 1933, as amended, and applicable state
securities laws.

                  (b)      Each stock certificate for shares issued to the
optionee shall have conspicuously written, printed, typed or stamped upon the
face thereof, or upon the reverse thereof with a conspicuous reference on the
face thereof, the following legend:

THE SHARES REPRESENTED BY THIS CERTIFICATE HAVE BEEN ISSUED WITHOUT REGISTRATION
UNDER THE SECURITIES ACT OF 1933, AS AMENDED, AND MAY NOT BE TRANSFERRED IN THE
ABSENCE OF REGISTRATION THEREUNDER OR AN APPLICABLE EXEMPTION FROM THE
REGISTRATION REQUIREMENTS OF SUCH ACT.

         5.       TERMS AND CONDITIONS OF OPTIONS. All options granted pursuant
to the Plan shall be in such form as the Board or the Committee shall from time
to time determine, shall clearly indicate whether such option is an Incentive
Stock Option or a non-statutory stock option (but if no indication is made, the
option shall be treated as a non-statutory stock option), and shall be subject
to the following terms and conditions:

                  (a)      OPTION PRICE. The exercise price per share for Stock
under each option granted under the Plan (the "Option Price") shall be
determined and fixed by the Board or the Committee, but in the case of Incentive
Stock Options shall not be less than one hundred percent (100%) of the fair
market value per share of the Stock on the date of grant of such option.
Notwithstanding the foregoing, in the case of the grant of an Incentive Stock
Option to a qualifying employee who, at the time of the grant, owns more than
10% of the total combined voting power of all classes of stock of the
Corporation or its subsidiary corporations (a "10% Shareholder"), such price per
share shall not be less than one hundred ten percent (110%) of the fair market
value per share of the Stock on the date of grant of the option.

                  (b)      EXPIRATION. Unless a particular option expressly
provides otherwise, the option shall expire and become void and unexercisable
five (5) years from the date of grant; provided, however, that in no event shall
an Incentive Stock Option be exercisable after the expiration of ten (10) years
from the date such option was granted; and provided further that in the case of
the grant of an Incentive Stock Option to an individual who, at the time of the
grant, is a 10% Shareholder, in no event shall such option be exercisable more
than five (5) years from the date of the grant.

                  (c)      VESTING. The Board or the Committee may determine
that any option granted shall be fully vested immediately, or the Board or the
Committee may prescribe installments in which any option granted shall vest. An
option granted under the Plan shall be exercisable in accordance with the terms
of the Plan only to the extent vested on the date of exercise. The maturity of
any vesting schedule may be accelerated at the discretion of the Board or the
Committee. Unless a particular option expressly provides otherwise, the option
shall vest in four (4) equal annual installments on each of the first (1st)
through the fourth (4th) anniversary dates of the date of grant of the option.

                  (d)      EARLY TERMINATION. Notwithstanding subsections 5(b)
and (c) above or the provisions of any particular option, each option granted
hereunder shall terminate, prior to its expiration and regardless of the extent
to which it is then vested, upon the earliest to occur of the following: (i)
twelve (12) months after the optionee's cessation of employment or other
association with the Corporation by reason of disability or death; (ii) three
(3) months after the termination or non-renewal by the Corporation of the
optionee's employment or other association with the Corporation; and (iii) three
(3) months after the cessation of the optionee's employment or other association
with the Corporation. "Cessation of employment" as used above shall mean the
cessation of all full or substantial part-time employment by the optionee with
the Corporation or any of its subsidiaries. The Board or the Committee, however,
may extend the termination date, at the time of the grant of the option, as set
forth above for particular options, in their discretion, provided that in the
case of an Incentive Stock Option, such extension does not disqualify such
option as an Incentive Stock Option under the Code. Any determination by the
Board or Committee as to the reason for an optionee's cessation of employment or
other association with the Corporation, if made in good faith, shall be final
and binding.

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                  (e)      LIMITATIONS ON EXERCISE. An Incentive Stock Option
shall be exercisable in any calendar year only to the extent that the aggregate
fair market value (as of the date the option is granted) of the Stock with
respect to which all Incentive Stock Options held by an optionee that are
exercisable for the first time by such optionee during any calendar year (under
all such plans of the Corporation and any subsidiary of the Corporation) do not
exceed $100,000.

                  (f)      LIMITATIONS ON DISPOSITION. To obtain the tax
benefits associated with Incentive Stock Options, an optionee that has exercised
an Incentive Stock Option should make no disposition of Stock acquired pursuant
to the exercise within two (2) years from the date of grant of such Incentive
Stock Option or within one (1) year from the date of the exercise of such
Incentive Stock Option.

                  (g)      HOLDING PERIOD. Upon such time as the Corporation has
a class of equity security registered under Section 12 of the Exchange Act, if
required in order for the grant of an option under the Plan to be exempt from
Section 16(b) of the Exchange Act, an optionee shall make no disposition of any
option (other than upon exercise) or the Stock acquired pursuant to the exercise
of any option, for a period of six months after the date of grant of such
option.

                  (h)      EFFECT ON OTHER OPTIONS. The exercise of an option
granted under the Plan shall not affect the optionee's right or ability to
exercise any other option granted under the Plan or any other stock option plan
of the Corporation or its subsidiaries.

                  (i)      AWARDS TO PERSONS COVERED BY CODE SECTION 162(M)
DEDUCTION LIMITS. Awards to persons covered by the deduction limitation of Code
Scetion 162(m), as described in Section 162(m)(3) of the Code, shall be subject
to the following additional limitations:

                           (i)      Adjustments. The Code Section 162(m)
Committee shall have no discretion to increase an award of options once granted
except to the extent permitted under Section 8 and the regulations interpreting
Code Section 162(m).

                           (ii)     Maximum Awards.  Awards of options under the
Plan shall be limited to 211,640 shares awarded to any one individual in any
calendar year and shall be issued at fair market value. Notwithstanding the
foregoing, the limits stated above may be adjusted in accordance with Section 8
of the Plan.

         6.       PAYMENT FOR STOCK; EXERCISE.

                  (a)      Options may be exercised by the optionee by
delivering written notice to the Corporation, specifying the number of shares as
to which the option is being exercised, and accompanied by payment in full as
specified below.

                  (b)      Payment for any shares of Stock issuable upon
exercise of any option hereunder shall be made in full upon exercise, either in
cash, cashier's check, money order or other good funds as approved by the Board
or the Committee. Notwithstanding the foregoing, unless otherwise expressly
provided in a particular option, payment for Stock issuable upon exercise of an
option hereunder may also be made in whole or in part by delivering
unrestricted, unencumbered shares of Stock in satisfaction of all or part of the
aggregate Option Price or causing to be withheld a portion of the Stock as to
which the option is exercised in satisfaction of all or part of the aggregate
Option Price. In the event of payment in Stock, the aggregate Option Price shall
be considered paid to the extent of the fair market value of the Stock used in
payment as of the date of exercise of the option.

                  (c)      The optionee shall be responsible for all income,
excise or other taxes arising from the granting or exercise of any option
hereunder. As an alternative to making a cash payment to the Corporation to
satisfy any tax withholding obligations on the exercise of any option, the
optionee may, unless otherwise expressly provided in the option, elect to (i)
deliver shares of already-owned Stock or (ii) have the Corporation retain that
number of shares of Stock that will satisfy all or a specified portion of the
federal, state and local tax liabilities of the optionee arising in the year of
exercise. Such election shall be irrevocable.

         7.       NON-ASSIGNABILITY. No option shall be transferable otherwise
than by will or the laws of descent and distribution and an option is
exercisable during the lifetime of the applicable optionee only by such
optionee.

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Notwithstanding the foregoing, non-statutory stock options, to the extent
vested, may be transferred to a tax-exempt charitable organization, a trust or
entity controlled by the optionee or for BONA FIDE estate planning purposes of
the optionee, provided that the assignee must enter into an agreement in form
and substance satisfactory to the Board or the Committee prohibiting any further
assignment except to the optionee or as otherwise permitted by this section.

         8.       ADJUSTMENT UPON CHANGES IN STOCK.

                  (a)      The number and type of shares of Stock available for
the granting of options under the Plan and the number and type of shares and
exercise price per share of Stock subject to outstanding options granted
pursuant to the Plan shall be adjusted by the Board or the Committee in an
equitable manner to reflect changes in the capitalization of the Corporation,
including but not limited to such changes as result from merger, consolidation,
reorganization, recapitalization, stock dividend, dividend in property other
than cash, stock split, liquidating dividend, combination of shares, exchange of
shares and change in corporate structure. If any adjustment under this paragraph
8(a) would create a fractional share of Stock or other capital stock of the
Corporation or a right to acquire a fractional share of Stock or such other
capital stock, such fractional share shall be disregarded and the number of
shares available under the Plan and the number covered under any options granted
pursuant to the Plan shall be the next lower number of shares, rounding all
fractions downward.

                  (b)      Notwithstanding the foregoing, in the event of: (i) a
dissolution or liquidation of the Corporation; (ii) a sale of all or
substantially all of the assets of the Corporation; (iii) a merger or share
exchange in which the surviving or acquiring entity is not the Corporation; (iv)
a sale of a majority of the outstanding capital stock of the Corporation; or (v)
the occurrence of an initial underwritten public offering of the Stock
registered under the Securities Act of 1933, as amended, then the Board, in its
sole and absolute discretion, may accelerate the vesting of all options
outstanding, or alternatively any particular options the Board determines in its
discretion, such that they are exercisable prior to such transaction.

                  (c)      Any adjustment made by the Board or the Committee
under this paragraph 8 shall be conclusive and binding on all affected persons.
No Incentive Stock Option granted pursuant to the Plan shall be adjusted in a
manner that causes such Incentive Stock Option to fail to continue to qualify as
an Incentive Stock Option within the meaning of Section 422(b) of the Code.

         9.       AMENDMENT. The Board from time to time may amend this Plan,
but except as provided above with respect to dilutions or other adjustments or
mergers or share exchanges as provided in paragraph 8, or except with the
approval of the Corporation's shareholders, may not (a) increase the aggregate
number of shares available for option hereunder, (b) change the restrictions on
prices at which options may be granted, (c) extend the maximum expiration date
that an option may be given, or (d) change the eligibility requirements for
participants hereunder. Rights and obligations under any option granted before
amendment of the Plan shall not be altered or impaired by amendment of the Plan,
except with the consent of the person to whom the option was granted.

         10.      FAIR MARKET VALUE OF STOCK. Whenever pursuant to the terms of
the Plan the fair market value of the Stock is required to be determined as of a
particular date, such fair market value shall equal the fair market value of
such Stock as determined by the Board or the Committee, and the Board or the
Committee, in determining such fair market value, may, but shall not be required
to, conclusively rely on an appraisal of the Corporation's business made by a
disinterested business appraiser within twelve (12) months before the date of
exercise or other event giving rise to a determination of the fair market value
of the Stock. Notwithstanding the foregoing, if the Stock becomes
publicly-traded, then fair market value shall equal, as applicable, the last
sale price of the Stock on the principal exchange on which the Stock is then
listed, or if the Stock is not then listed on any exchange, on the National
Association of Securities Dealers Automated Quotation National Market System
("NMS"), or, if price quotations for the Stock are not available to NMS, the
mean between the closing bid and asked price of the Stock on the National
Association of Securities Dealers Automated Quotation System ("NASDAQ"). Fair
market value shall be determined in all cases without regard to any restriction
other than a restriction which, by its terms, will never lapse.

         11.      NO RIGHTS AS SHAREHOLDER. An optionee shall have no rights as
a shareholder with respect to any shares subject to his option until his valid
exercise of such option and the issuance of a stock certificate to him
representing the shares purchased upon exercise. No adjustment shall be made for
dividends (ordinary or extraordinary,

<PAGE>

whether in cash, securities or other property) or distributions or other rights
for which the record date is prior to the date such stock certificate is issued.

         12.      INDEMNIFICATION OF COMMITTEE. In addition to such other rights
of indemnification as they may have as directors or as members of the Committee,
the members of the Committee shall be indemnified by the Corporation against the
reasonable expenses, including attorneys' fees actually and necessarily incurred
in connection with the defense of any action, suit or proceeding, or in
connection with any appeal therein, to which they or any of them may be a party
by reason of any action taken or failure to act under or in connection with the
Plan or any option granted thereunder, and against all amounts paid by them in
settlement thereof (provided such settlement is approved by independent legal
counsel selected by the Corporation) or paid by them in satisfaction of a
judgment in any such action, suit or proceeding, except in relation to matters
as to which it shall be adjudged in such action, suit or proceeding that such
Committee member is liable for gross negligence, intentional misconduct or a
knowing violation of the criminal law or federal or state securities laws in the
performance of his duties; provided that within sixty (60) days after
institution of any such action, suit or proceeding, the Committee member shall
in writing offer the Corporation the opportunity, at its own expense, to handle
and defend the same.

         13.      TERMINATION.  This Plan shall terminate December 31, 2010
unless sooner terminated by action of the Board. No option may be granted
hereunder after a termination of the Plan, but such termination shall not affect
the validity of any option then outstanding.

         14.      SHAREHOLDER APPROVAL. The Plan shall be subject to approval by
the holders of a majority of the outstanding shares of Stock present at a
meeting of shareholders at which a quorum has been established, which approval
must occur within the period ending twelve (12) months after the date the Plan
is adopted by the Board; provided, however, that options may be granted
hereunder prior to shareholder approval when all other conditions precedent to
the granting of options under the Plan have been completed by the Corporation.

         15.      QUALIFICATION OF ISOS. As stated above, it is intended that
Incentive Stock Options under Section 422 of the Code may in the discretion of
the Board or the Committee be granted under this Plan. Accordingly, to the
extent any provision herein or in any option granted hereunder which is intended
to be an Incentive Stock Option conflicts with the requirements under the Code
for such option to be treated as an Incentive Stock Option under the Code, such
conflict shall be deemed of no force or effect, all provisions of the Code
necessary for such option to qualify as an Incentive Stock Option under the Code
shall govern and prevail and this Plan and such option shall be deemed
automatically amended to the extent needed to accomplish the foregoing.

         16.      MISCELLANEOUS.

                  (a)      EMPLOYMENT. Nothing in the Plan shall confer upon any
person the right to employment or continued employment by the Corporation or to
any particular amount of compensation by the Corporation.

                  (b)      PLAN BINDING ON SUCCESSORS. The Plan shall be binding
upon the successors, representatives and assigns of the Corporation.

                  (c)      APPLICABLE LAW.  The Plan shall be governed by and
construed in accordance with the laws of the State of Nevada without reference
to its conflict of laws principles.

                  (d)      OTHER OPTIONS. Nothing contained herein shall be
construed to limit the authority of the Board, at any time or from time to time,
to issue one or more options or rights to purchase shares of Stock not subject
to the terms and conditions of the Plan.

                  (e)      NOTICES. All notices and other communications
required or permitted to be given under the Plan shall be in writing and shall
be deemed duly given if delivered personally or mailed first class, postage
prepaid, as follows: (a) if to the Corporation at its principal address to the
attention of the Corporation's Treasurer; or (b) if to a qualifying employee or
optionee, at the last known address of such individual as shown on the
employment records of the Corporation.

                  (f)      ENTIRE AGREEMENT; RELATION TO PREVIOUS PLANS. This
Plan constitutes the entire agreement concerning the subject matter hereof and
supercedes all prior negotiations, discussions, proposals and agreements
concerning such subject matter.

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00036-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00036-of-00352.parquet"}]]