Document:

NON-QUALIFIED STOCK OPTION AWARD AGREEMENT

     THIS  AWARD AGREEMENT is dated as of the 31st day of December, 1999, by and
between  THE TRACKER CORPORATION OF AMERICA, a Delaware corporation ("Tracker"),
and  BRUCE  I.  LEWIS,  a  citizen  of  the  Province  of  Ontario,  Canada (the
"Participant").  Unless  otherwise  expressly provided herein, capitalized terms
used  herein have the same meanings assigned to them in the Amended and Restated
1994  Stock  Incentive  Plan  (the  "Plan").

                              W I T N E S S E T H:
                              -------------------

     WHEREAS,  Participant,  in  accordance with the Plan has been granted as of
the  date  hereof  (the  "Award  Date")  a stock option ("Option" or "Award") to
purchase  all  or  any  part  of  the  total number of shares of Common Stock of
Tracker  set  forth  on Schedule I upon the terms and conditions hereinafter set
forth;  and

     WHEREAS,  the  Participant  and  Tracker  desire  to  enter  into a written
agreement  in  accordance  with  the  Plan;

     NOW  THEREFORE,  in consideration of the mutual promises and covenants made
herein  and the mutual benefits to be derived herefrom, the parties hereto agree
as  follows;

     1.     GRANT  OF  OPTION.  Tracker has granted to the Participant the right
            -----------------
and  option  to  purchase,  in  accordance  with  the  Plan and on the terms and
conditions  of  the Plan and those hereinafter set forth, all or any part of the
total  number  of shares of Common Stock set forth on Schedule I at the exercise
price  per share set forth on Schedule I attached hereto and incorporated herein
by  reference  (the  "Price"),  exercisable  from  time  to  time subject to the
provisions  of  this  Award Agreement prior to the close of business on December
30,  2009  (the  "Expiration  Date").  Such  Price  has  been  determined by the
Committee  in  accordance  with Section 3.2 of the Plan.  It is the intention of
Tracker  that  the  Option  constitute  a  non-qualified stock option and not be
deemed  to be an incentive stock option within the meaning of Section 422 of the
Internal  Revenue  Code.

     2.     EXERCISABILITY  OF  OPTION.  Except  as  otherwise  provided in this
            --------------------------
Award  Agreement,  the  Option  may  be exercised in accordance with the vesting
schedule  set  forth  on  Schedule II attached hereto and incorporated herein by
reference  and  the Option may only be exercised at any given time to the extent
the  Option  has  vested in accordance with Schedule II; provided, however, that
the  Option  may  not  be exercised as to less than 1,000 shares at any one time
unless  the number of shares purchased is the total number at the time available
for  purchase  under  the  Option.  The Option may be exercised only as to whole
shares;  fractional share interests shall be disregarded except that they may be
accumulated.

     3.     METHOD  OF  EXERCISE  AND PAYMENT.  Each exercise of any part of the
            ---------------------------------
Option  shall  be  by  means  of  written  notice  of exercise duly delivered to
Tracker,  specifying the number of whole shares with respect to which the Option
is  being  exercised,  together with any written statements required pursuant to
Section 10 below and payment of the Price in full (i) in cash or by certified or
cashier's  check payable to the order of Tracker, (ii) by a promissory note made
by the Participant in favor of Tracker, upon the terms and conditions determined

<PAGE>
by  the  Committee,  and  secured  by the Common Stock issuable upon exercise in
compliance  with  applicable law (including, without limitation, state corporate
law and federal margin requirements), (iii) by shares of Common Stock of Tracker
already  owned  by  the  Participant,  or (iv) by application of the then market
value  of  vested  Options  of  the Company (net of the Option price); provided,
however,  the  Committee  may in its absolute discretion limit the Participant's
ability  to  exercise  the Option by delivering shares, and any shares delivered
which  were  initially  acquired  upon exercise of a stock option must have been
owned  by  the  Participant  at  least  six  months  as of the date of delivery.

     4.     CONTINUANCE  OF  EMPLOYMENT.  Nothing  contained  in  this  Award
            ---------------------------
Agreement or in the Plan shall confer upon the Participant any right to continue
in  the employ of Tracker or constitute any contract or agreement of employment.
Nothing  contained in this Award Agreement or in the Plan shall interfere in any
way  with  the  right  of  Tracker  to  (i)  terminate  the  employment  of  the
Participant,  or  (ii)  reduce the compensation received by the Participant from
the  rate  in  existence  on  the  Award Date provided that nothing herein shall
modify  any  written  employment  agreement  as  may now exist or hereinafter be
entered  into  between  Participant  and  Tracker.

     5.     EFFECT  OF  TERMINATION  OF  RELATIONSHIP.
            -----------------------------------------

            (a)   If  the  Participant  ceases to be employed by Tracker for any
reason  other  than  breach  by  Tracker  of any written employment agreement in
effect  between  the  Participant and Tracker, the Option shall terminate to the
extent  not  vested.  Notwithstanding  the  vesting  schedule in Schedule II, if
Tracker  has breached any written employment agreement with the Participant, and
as  a  result  Participant's  employment  is terminated, the Option shall become
fully vested upon such termination of employment.  In no event may any Option be
exercised  by  any  person  after  the  Expiration  Date.

            (b)   Except  as  may  be  otherwise  provided in Section 422 of the
Internal  Revenue  Code of 1986, as amended, or in the Plan, upon termination of
Participant's  employment  by  reason  of  retirement,  disability or death, the
Option,  to  the  extent  vested,  may  be  exercised  by the Participant or his
executor  or  administrator,  as  the case may be, at any time during the Option
period.

            (c)   Any  transfer  of Participant's employment between Tracker and
any of its existing or future subsidiaries or between any two subsidiaries shall
not  be  deemed  to be a termination of Participant's employment for purposes of
implementation  of  the  Plan.

     6.     ASSIGNABILITY  OF  OPTION.  To  the  extent  this  Option  is not an
            -------------------------
incentive  stock  option as defined in Section 422 of the Internal Revenue Code,
interests  in  the  Option  shall  be  freely  transferable  and  assignable.

     7.     ADJUSTMENTS  UPON SPECIFIED CHANGES.  As set forth in Section 4.2 of
            -----------------------------------
the  Plan,  upon the occurrence of specified events relating to Tracker's stock,
adjustments  will  be made in the number and kind of shares that may be issuable
under  an Option.  In addition, upon the occurrence of specified events relating
to  Tracker, such as its dissolution or liquidation, a reorganization, merger or
consolidation  in which it is not the surviving corporation, or upon sale of all
or  substantially  all of Tracker's property, unless provision is otherwise made
and  subject  to  the  provisions  of  Section 4.4 of the Plan, the Plan and any
outstanding  Options  will  terminate.

<PAGE>
     8.     ACCELERATION.  Upon  the  occurrence  of  an Event, the Option shall
            ------------
become  immediately vested to the full extent theretofore not exercisable unless
prior  to an Event the Board determines otherwise pursuant to Section 4.4 of the
Plan.  However,  no  Option  shall be accelerated to a date less than six months
after  the  Award  Date.

     9.     PARTICIPANT  NOT  A  SHAREHOLDER.  Neither  the  Participant nor any
            --------------------------------
other  person  entitled  to  exercise the Option shall have any of the rights or
privileges  of  a  shareholder  of  Tracker as to any shares of Common Stock not
actually  issued and delivered to him.  No adjustment will be made for dividends
or  other  rights  for  which the record date is prior to the date on which such
stock  certificate  or  certificates  are  issued  even  if  such record date is
subsequent  to  the  date  upon  which  notice of exercise was delivered and the
tender  of  payment  was  accepted.

     10.     APPLICATION  OF  SECURITIES  LAWS.
             ---------------------------------

            (a)   No  shares  of  Common  Stock may be purchased pursuant to the
Option  unless  and until any then applicable requirements of the Securities and
Exchange Commission and any other regulatory agencies, including any other state
securities  law commissioners having jurisdiction over Tracker or such issuance,
and  any  exchanges  upon  which the Common Stock may be listed, shall have been
fully  satisfied.  The  Participant represents, agrees and certifies that if the
Participant  exercises  the  Option  in  whole  or in part, the Participant will
acquire  the  Common  Stock  issuable  upon  such  exercise  for  the purpose of
investment  and  not  with  a  view  to  resale  or  distribution and that, as a
condition  to each such exercise, he will furnish to Tracker a written statement
to  such  effect,  satisfactory  in  form  and  substance  to  Tracker.

            (b)   The  Participant  understands  that  the  certificate  or
certificates  representing  the Common Stock acquired pursuant to the Option may
bear  a  legend  referring  to  the  fact  that  the  Common  Stock has not been
registered  under the Securities Act of 1933, as amended (the "Securities Act"),
and  has  not been qualified under any state securities laws and any limitations
under  the Securities Act and state securities laws with respect to the transfer
of  such  Common  Stock,  and  Tracker  may impose stop transfer instructions to
implement  such  limitations,  if applicable.  Any person or persons entitled to
exercise  the  Option  under the provisions of Section 5 above shall be bound by
and  obligated  under the provisions of this Section 10 to the same extent as is
the  Participant.

            (c)   The  Committee  may  impose such conditions on an Option or on
its  exercise  or  acceleration  or on the payment of any withholding obligation
(including  without  limitation  restricting  the  time of exercise to specified
periods)  as  may  be  required  to  satisfy applicable regulatory requirements.

            (d)   If  at  any  time  prior  to  the Expiration Date, the Company
causes  a  registration  statement  ("Registration") under the Securities Act to
become  effective  with  respect  to any shares of its Common Stock, the Company
shall, within sixty (60) calendar days of the effective date of the Registration
prepare  and  file  with  the  Securities and Exchange Commission a registration
statement  on  Form  S-8  or  any successor or similar forms with respect to the
shares  of  its  Common Stock reserved for issuance pursuant to the Plan and use
its reasonable commercial efforts to cause such registration statement to become

<PAGE>
effective, and prepare and file with the Securities and Exchange Commission such
amendments  and  supplements  to  such registration statement and the prospectus
used  in  connection  therewith  as  may  be necessary to keep such registration
statement  effective.

     11.     NOTICES.  Any  requests  or  notices to be given hereunder shall be
             -------
deemed given, and any elections or exercises to be made or accomplished shall be
deemed  made  or  accomplished,  upon  actual delivery thereof to the designated
recipient,  or  three  (3) days after deposit thereof in the United States mail,
registered,  return receipt requested, and postage prepaid, addressed, if to the
Participant,  at the address given beneath the Participant's signature set forth
below,  and  if  to  Tracker,  at  the  executive  offices  of  Tracker.

     12.     EFFECT  OF  AWARD  AGREEMENT.  The Award Agreement shall be assumed
             ----------------------------
by,  be binding upon and inure to the benefit of (i) any successor or successors
of  Tracker  to  the  extent provided in Section 4.2(b) of the Plan and (ii) any
Beneficiary or Personal Representative of the Participant as provided in Section
4.3  of  the  Plan.

     13.     TAX  WITHHOLDING.  The  provisions  of  Section 4.6 of the Plan are
             ----------------
hereby  incorporated and shall govern any withholding that Tracker employing the
Participant  is  required  to make with respect to an exercise of the Option, as
well  as Tracker's right to condition a transfer of Common Stock upon compliance
with  the  applicable  withholding  requirements  of  federal,  state  and local
authorities.
     14.     TERMS  OF  PLAN  GOVERN.  The  Option  and this Award Agreement are
             -----------------------
subject  to,  and  Tracker  and the Participant agree to be bound by, all of the
terms  and  conditions  of  the Plan.  The Participant acknowledges receipt of a
copy  of  the Plan, which is made a part hereof by this reference. The rights of
the  Participant  are  subject  to  limitations,  adjustments,  modifications,
suspension  and  termination in certain circumstances and upon the occurrence of
certain  conditions  as  set  forth  in  the  Plan.

     15.     LAWS  APPLICABLE  TO  CONSTRUCTION.  The  Option  has been granted,
             ----------------------------------
executed  and  delivered  as of the day and year first above written. This Award
Agreement  and  all amendments, modifications, alterations or supplements hereto
shall  be  deemed  to  have been executed in the State of Delaware, and shall be
governed  and  construed  as  to  both  substantive  and  procedural  matters in
accordance  with the laws of the State of Delaware, but excepting any rule which
would  result  in  the  application  of the law of a jurisdiction other than the
State  of  Delaware.  Tracker  and  Participant  hereby  irrevocably  waive  any
objection  which  it  may  now  or  hereafter have to the laying of venue of the
proceedings  under this provision in the federal or state courts of the State of
Delaware  as  well as any claim that any such proceedings are in an inconvenient
forum  and  hereby  release  the other party from the requirement of posting any
bond  in  connection  with  the pursuit of temporary or interlocutory injunctive
relief  or  specific  performance,  to  the  extent  permitted  by  law.

     16.     NOTICE OF DISPOSITION.  The Participant agrees to notify Tracker of
             ---------------------
any  sale  or  other  disposition  of  any  shares of Common Stock received upon
exercise of the Option if such sale or disposition occurs within two years after
the  Award  Date  or  within  one year after the date of exercise of the Option.

<PAGE>
     17.     WAIVER.  The waiver by any party hereto of a breach of or a default
             ------
under any provision of this Award Agreement by another party hereto shall not be
effective  unless  in  writing  and  shall  not  be construed as a waiver of any
succeeding breach of or default under the same or any other provision, nor shall
any  delay  or  omission  on  the  part of any party hereto to exercise or avail
itself  of  any right, power or privilege of such party hereto be construed as a
waiver  of  such right, power or privilege.  Any right, power or remedy provided
under  this  Award  Agreement  to  any  party  hereto shall be cumulative and in
addition to any other right, power or remedy provided under this Award Agreement
or  existing in law or in equity (including, without limitation, the remedies of
injunctive  relief  and  specific  performance).

     18.     COUNTERPARTS.  This  Award  Agreement may be executed in any number
             ------------
of  counterparts,  each  of  which shall be deemed an original, but all of which
shall  constitute  one  and  the  same instrument.  A facsimile copy of any such
counterpart  or of the original execution of any such counterpart shall be fully
as  effective  as  the  original  executed  copy.

     19.     BINDING  EFFECT.  Except  as  otherwise  set  forth  herein  to the
             ---------------
contrary,  all  of  the  terms,  covenants,  agreements  and  conditions  herein
contained  shall  be  binding  upon and shall inure to the benefit of all of the
parties  hereto,  and  their  respective  successors  and  permitted  assigns.

     20.     SEVERABILITY.  In the event that any one or more of the provisions,
             ------------
or  parts  of  any  provisions,  contained in this Award Agreement shall for any
reason be held to be invalid, illegal or unenforceable in any respect by a court
of competent jurisdiction, the same shall not invalidate or otherwise affect any
other  provisions hereof, and this Award Agreement shall be construed as if such
invalid,  illegal  or unenforceable provision or part of any provision had never
been  contained  herein.

     21.     CAPTIONS.  Section  headings,  titles  or captions contained herein
             --------
are  inserted  only  as  a matter of convenience and for reference and in no way
define,  limit,  extend  or describe the scope of the Agreement or the intent of
any  provision  hereof.

     22.     IDENTIFICATION.  Whenever the singular number is used in this Award
             --------------
Agreement  and  when required by the context, the same shall include the plural,
and  the  masculine  gender  shall  include  the  feminine  and  neuter genders.

     23.     FURTHER  ASSURANCES.  The  parties  hereto  shall  sign  such other
             -------------------
instruments,  cause  such  meetings  to  be held, resolutions passed and by-laws
enacted,  exercise their vote and influence, do and perform and cause to be done
and  performed  such  further  and  other acts and things as may be necessary or
desirable  in  order  to  give  full  effect  to  this  Agreement.

     24.     ENTIRE  AGREEMENT.  This  Award  Agreement  supersedes  all  prior
             -----------------
discussions  and agreements among the parties hereto with respect to the subject
matter  contained  herein,  and,  together  with the Plan, contains the sole and
entire  agreement  between  the  parties hereto with respect to the transactions
contemplated  herein.  This Award Agreement may be amended only by an instrument
in  writing  signed  by  the  parties  hereto.

<PAGE>
     IN WITNESS WHEREOF, the parties hereto have executed his Award Agreement as
of  the  date  first  above  written.

                                         THE  TRACKER  CORPORATION  OF  AMERICA,
                                         a  Delaware  corporation

                                         By:/s/  Bruce  I.  Lewis
                                           -------------------------------------
                                         Bruce I. Lewis, Chief Executive Officer

                                              [CORPORATE  SEAL]

                                         PARTICIPANT:

                                         /s/  Bruce  I.  Lewis
                                         ---------------------------------------
                                         BRUCE  LEWIS

<PAGE>
                                   SCHEDULE I

                       NUMBER OF SHARES AND EXERCISE PRICE

Number of Option Shares                                 Exercise Price Per Share
-----------------------                                 ------------------------

     600,000                                                   $.118

<PAGE>
<TABLE>
<CAPTION>
                                  SCHEDULE  II

                               VESTING OF OPTIONS

Award Date to    January 1, 2000 to   January 1, 2001 to   January 1, 2002 to
 December 31,       December 31,         December 31,         December 31,
    2000                2001                2002                 2003
<S>             <C>                  <C>                  <C>
0 shares         200,000 shares       200,000 shares       200,000 shares
0%                  33.33%                66.67%                 100%
</TABLE>NON-QUALIFIED STOCK OPTION AWARD AGREEMENT

     THIS  AWARD AGREEMENT is dated as of the 31st day of December, 1999, by and
between  THE TRACKER CORPORATION OF AMERICA, a Delaware corporation ("Tracker"),
and  JAY  S. STULBERG,  a  citizen  of  the  Province  of  Ontario,  Canada (the
"Participant").  Unless  otherwise  expressly provided herein, capitalized terms
used  herein have the same meanings assigned to them in the Amended and Restated
1994  Stock  Incentive  Plan  (the  "Plan").

                              W I T N E S S E T H:
                              -------------------

     WHEREAS,  Participant,  in  accordance with the Plan has been granted as of
the  date  hereof  (the  "Award  Date")  a stock option ("Option" or "Award") to
purchase  all  or  any  part  of  the  total number of shares of Common Stock of
Tracker  set  forth  on Schedule I upon the terms and conditions hereinafter set
forth;  and

     WHEREAS,  the  Participant  and  Tracker  desire  to  enter  into a written
agreement  in  accordance  with  the  Plan;

     NOW  THEREFORE,  in consideration of the mutual promises and covenants made
herein  and the mutual benefits to be derived herefrom, the parties hereto agree
as  follows;

     1.     GRANT  OF  OPTION.  Tracker has granted to the Participant the right
            -----------------
and  option  to  purchase,  in  accordance  with  the  Plan and on the terms and
conditions  of  the Plan and those hereinafter set forth, all or any part of the
total  number  of shares of Common Stock set forth on Schedule I at the exercise
price  per share set forth on Schedule I attached hereto and incorporated herein
by  reference  (the  "Price"),  exercisable  from  time  to  time subject to the
provisions  of  this  Award Agreement prior to the close of business on December
30,  2009  (the  "Expiration  Date").  Such  Price  has  been  determined by the
Committee  in  accordance  with Section 3.2 of the Plan.  It is the intention of
Tracker  that  the  Option  constitute  a  non-qualified stock option and not be
deemed  to be an incentive stock option within the meaning of Section 422 of the
Internal  Revenue  Code.

     2.     EXERCISABILITY  OF  OPTION.  Except  as  otherwise  provided in this
            --------------------------
Award  Agreement,  the  Option  may  be exercised in accordance with the vesting
schedule  set  forth  on  Schedule II attached hereto and incorporated herein by
reference  and  the Option may only be exercised at any given time to the extent
the  Option  has  vested in accordance with Schedule II; provided, however, that
the  Option  may  not  be exercised as to less than 1,000 shares at any one time
unless  the number of shares purchased is the total number at the time available
for  purchase  under  the  Option.  The Option may be exercised only as to whole
shares;  fractional share interests shall be disregarded except that they may be
accumulated.

     3.     METHOD  OF  EXERCISE  AND PAYMENT.  Each exercise of any part of the
            ---------------------------------
Option  shall  be  by  means  of  written  notice  of exercise duly delivered to
Tracker,  specifying the number of whole shares with respect to which the Option
is  being  exercised,  together with any written statements required pursuant to
Section 10 below and payment of the Price in full (i) in cash or by certified or
cashier's  check payable to the order of Tracker, (ii) by a promissory note made
by the Participant in favor of Tracker, upon the terms and conditions determined

<PAGE>
by  the  Committee,  and  secured  by the Common Stock issuable upon exercise in
compliance  with  applicable law (including, without limitation, state corporate
law and federal margin requirements), (iii) by shares of Common Stock of Tracker
already  owned  by  the  Participant,  or (iv) by application of the then market
value  of  vested  Options  of  the Company (net of the Option price); provided,
however,  the  Committee  may in its absolute discretion limit the Participant's
ability  to  exercise  the Option by delivering shares, and any shares delivered
which  were  initially  acquired  upon exercise of a stock option must have been
owned  by  the  Participant  at  least  six  months  as of the date of delivery.

     4.     CONTINUANCE  OF  EMPLOYMENT.  Nothing  contained  in  this  Award
            ---------------------------
Agreement or in the Plan shall confer upon the Participant any right to continue
in  the employ of Tracker or constitute any contract or agreement of employment.
Nothing  contained in this Award Agreement or in the Plan shall interfere in any
way  with  the  right  of  Tracker  to  (i)  terminate  the  employment  of  the
Participant,  or  (ii)  reduce the compensation received by the Participant from
the  rate  in  existence  on  the  Award Date provided that nothing herein shall
modify  any  written  employment  agreement  as  may now exist or hereinafter be
entered  into  between  Participant  and  Tracker.

     5.     EFFECT  OF  TERMINATION  OF  RELATIONSHIP.
            -----------------------------------------

            (a)   If  the  Participant  ceases to be employed by Tracker for any
reason  other  than  breach  by  Tracker  of any written employment agreement in
effect  between  the  Participant and Tracker, the Option shall terminate to the
extent  not  vested.  Notwithstanding  the  vesting  schedule in Schedule II, if
Tracker  has breached any written employment agreement with the Participant, and
as  a  result  Participant's  employment  is terminated, the Option shall become
fully vested upon such termination of employment.  In no event may any Option be
exercised  by  any  person  after  the  Expiration  Date.

            (b)   Except  as  may  be  otherwise  provided in Section 422 of the
Internal  Revenue  Code of 1986, as amended, or in the Plan, upon termination of
Participant's  employment  by  reason  of  retirement,  disability or death, the
Option,  to  the  extent  vested,  may  be  exercised  by the Participant or his
executor  or  administrator,  as  the case may be, at any time during the Option
period.

            (c)   Any  transfer  of Participant's employment between Tracker and
any of its existing or future subsidiaries or between any two subsidiaries shall
not  be  deemed  to be a termination of Participant's employment for purposes of
implementation  of  the  Plan.

     6.     ASSIGNABILITY  OF  OPTION.  To  the  extent  this  Option  is not an
            -------------------------
incentive  stock  option as defined in Section 422 of the Internal Revenue Code,
interests  in  the  Option  shall  be  freely  transferable  and  assignable.

     7.     ADJUSTMENTS  UPON SPECIFIED CHANGES.  As set forth in Section 4.2 of
            -----------------------------------
the  Plan,  upon the occurrence of specified events relating to Tracker's stock,
adjustments  will  be made in the number and kind of shares that may be issuable
under  an Option.  In addition, upon the occurrence of specified events relating
to  Tracker, such as its dissolution or liquidation, a reorganization, merger or
consolidation  in which it is not the surviving corporation, or upon sale of all
or  substantially  all of Tracker's property, unless provision is otherwise made
and  subject  to  the  provisions  of  Section 4.4 of the Plan, the Plan and any
outstanding  Options  will  terminate.

<PAGE>
     8.     ACCELERATION.  Upon  the  occurrence  of  an Event, the Option shall
            ------------
become  immediately vested to the full extent theretofore not exercisable unless
prior  to an Event the Board determines otherwise pursuant to Section 4.4 of the
Plan.  However,  no  Option  shall be accelerated to a date less than six months
after  the  Award  Date.

     9.     PARTICIPANT  NOT  A  SHAREHOLDER.  Neither  the  Participant nor any
            --------------------------------
other  person  entitled  to  exercise the Option shall have any of the rights or
privileges  of  a  shareholder  of  Tracker as to any shares of Common Stock not
actually  issued and delivered to him.  No adjustment will be made for dividends
or  other  rights  for  which the record date is prior to the date on which such
stock  certificate  or  certificates  are  issued  even  if  such record date is
subsequent  to  the  date  upon  which  notice of exercise was delivered and the
tender  of  payment  was  accepted.

     10.     APPLICATION  OF  SECURITIES  LAWS.
             ---------------------------------

            (a)   No  shares  of  Common  Stock may be purchased pursuant to the
Option  unless  and until any then applicable requirements of the Securities and
Exchange Commission and any other regulatory agencies, including any other state
securities  law commissioners having jurisdiction over Tracker or such issuance,
and  any  exchanges  upon  which the Common Stock may be listed, shall have been
fully  satisfied.  The  Participant represents, agrees and certifies that if the
Participant  exercises  the  Option  in  whole  or in part, the Participant will
acquire  the  Common  Stock  issuable  upon  such  exercise  for  the purpose of
investment  and  not  with  a  view  to  resale  or  distribution and that, as a
condition  to each such exercise, he will furnish to Tracker a written statement
to  such  effect,  satisfactory  in  form  and  substance  to  Tracker.

            (b)   The  Participant  understands  that  the  certificate  or
certificates  representing  the Common Stock acquired pursuant to the Option may
bear  a  legend  referring  to  the  fact  that  the  Common  Stock has not been
registered  under the Securities Act of 1933, as amended (the "Securities Act"),
and  has  not been qualified under any state securities laws and any limitations
under  the Securities Act and state securities laws with respect to the transfer
of  such  Common  Stock,  and  Tracker  may impose stop transfer instructions to
implement  such  limitations,  if applicable.  Any person or persons entitled to
exercise  the  Option  under the provisions of Section 5 above shall be bound by
and  obligated  under the provisions of this Section 10 to the same extent as is
the  Participant.

            (c)   The  Committee  may  impose such conditions on an Option or on
its  exercise  or  acceleration  or on the payment of any withholding obligation
(including  without  limitation  restricting  the  time of exercise to specified
periods)  as  may  be  required  to  satisfy applicable regulatory requirements.

            (d)   If  at  any  time  prior  to  the Expiration Date, the Company
causes  a  registration  statement  ("Registration") under the Securities Act to
become  effective  with  respect  to any shares of its Common Stock, the Company
shall, within sixty (60) calendar days of the effective date of the Registration
prepare  and  file  with  the  Securities and Exchange Commission a registration
statement  on  Form  S-8  or  any successor or similar forms with respect to the
shares  of  its  Common Stock reserved for issuance pursuant to the Plan and use
its reasonable commercial efforts to cause such registration statement to become

<PAGE>
effective, and prepare and file with the Securities and Exchange Commission such
amendments  and  supplements  to  such registration statement and the prospectus
used  in  connection  therewith  as  may  be necessary to keep such registration
statement  effective.

     11.     NOTICES.  Any  requests  or  notices to be given hereunder shall be
             -------
deemed given, and any elections or exercises to be made or accomplished shall be
deemed  made  or  accomplished,  upon  actual delivery thereof to the designated
recipient,  or  three  (3) days after deposit thereof in the United States mail,
registered,  return receipt requested, and postage prepaid, addressed, if to the
Participant,  at the address given beneath the Participant's signature set forth
below,  and  if  to  Tracker,  at  the  executive  offices  of  Tracker.

     12.     EFFECT  OF  AWARD  AGREEMENT.  The Award Agreement shall be assumed
             ----------------------------
by,  be binding upon and inure to the benefit of (i) any successor or successors
of  Tracker  to  the  extent provided in Section 4.2(b) of the Plan and (ii) any
Beneficiary or Personal Representative of the Participant as provided in Section
4.3  of  the  Plan.

     13.     TAX  WITHHOLDING.  The  provisions  of  Section 4.6 of the Plan are
             ----------------
hereby  incorporated and shall govern any withholding that Tracker employing the
Participant  is  required  to make with respect to an exercise of the Option, as
well  as Tracker's right to condition a transfer of Common Stock upon compliance
with  the  applicable  withholding  requirements  of  federal,  state  and local
authorities.
     14.     TERMS  OF  PLAN  GOVERN.  The  Option  and this Award Agreement are
             -----------------------
subject  to,  and  Tracker  and the Participant agree to be bound by, all of the
terms  and  conditions  of  the Plan.  The Participant acknowledges receipt of a
copy  of  the Plan, which is made a part hereof by this reference. The rights of
the  Participant  are  subject  to  limitations,  adjustments,  modifications,
suspension  and  termination in certain circumstances and upon the occurrence of
certain  conditions  as  set  forth  in  the  Plan.

     15.     LAWS  APPLICABLE  TO  CONSTRUCTION.  The  Option  has been granted,
             ----------------------------------
executed  and  delivered  as of the day and year first above written. This Award
Agreement  and  all amendments, modifications, alterations or supplements hereto
shall  be  deemed  to  have been executed in the State of Delaware, and shall be
governed  and  construed  as  to  both  substantive  and  procedural  matters in
accordance  with the laws of the State of Delaware, but excepting any rule which
would  result  in  the  application  of the law of a jurisdiction other than the
State  of  Delaware.  Tracker  and  Participant  hereby  irrevocably  waive  any
objection  which  it  may  now  or  hereafter have to the laying of venue of the
proceedings  under this provision in the federal or state courts of the State of
Delaware  as  well as any claim that any such proceedings are in an inconvenient
forum  and  hereby  release  the other party from the requirement of posting any
bond  in  connection  with  the pursuit of temporary or interlocutory injunctive
relief  or  specific  performance,  to  the  extent  permitted  by  law.

     16.     NOTICE OF DISPOSITION.  The Participant agrees to notify Tracker of
             ---------------------
any  sale  or  other  disposition  of  any  shares of Common Stock received upon
exercise of the Option if such sale or disposition occurs within two years after
the  Award  Date  or  within  one year after the date of exercise of the Option.

<PAGE>
     17.     WAIVER.  The waiver by any party hereto of a breach of or a default
             ------
under any provision of this Award Agreement by another party hereto shall not be
effective  unless  in  writing  and  shall  not  be construed as a waiver of any
succeeding breach of or default under the same or any other provision, nor shall
any  delay  or  omission  on  the  part of any party hereto to exercise or avail
itself  of  any right, power or privilege of such party hereto be construed as a
waiver  of  such right, power or privilege.  Any right, power or remedy provided
under  this  Award  Agreement  to  any  party  hereto shall be cumulative and in
addition to any other right, power or remedy provided under this Award Agreement
or  existing in law or in equity (including, without limitation, the remedies of
injunctive  relief  and  specific  performance).

     18.     COUNTERPARTS.  This  Award  Agreement may be executed in any number
             ------------
of  counterparts,  each  of  which shall be deemed an original, but all of which
shall  constitute  one  and  the  same instrument.  A facsimile copy of any such
counterpart  or of the original execution of any such counterpart shall be fully
as  effective  as  the  original  executed  copy.

     19.     BINDING  EFFECT.  Except  as  otherwise  set  forth  herein  to the
             ---------------
contrary,  all  of  the  terms,  covenants,  agreements  and  conditions  herein
contained  shall  be  binding  upon and shall inure to the benefit of all of the
parties  hereto,  and  their  respective  successors  and  permitted  assigns.

     20.     SEVERABILITY.  In the event that any one or more of the provisions,
             ------------
or  parts  of  any  provisions,  contained in this Award Agreement shall for any
reason be held to be invalid, illegal or unenforceable in any respect by a court
of competent jurisdiction, the same shall not invalidate or otherwise affect any
other  provisions hereof, and this Award Agreement shall be construed as if such
invalid,  illegal  or unenforceable provision or part of any provision had never
been  contained  herein.

     21.     CAPTIONS.  Section  headings,  titles  or captions contained herein
             --------
are  inserted  only  as  a matter of convenience and for reference and in no way
define,  limit,  extend  or describe the scope of the Agreement or the intent of
any  provision  hereof.

     22.     IDENTIFICATION.  Whenever the singular number is used in this Award
             --------------
Agreement  and  when required by the context, the same shall include the plural,
and  the  masculine  gender  shall  include  the  feminine  and  neuter genders.

     23.     FURTHER  ASSURANCES.  The  parties  hereto  shall  sign  such other
             -------------------
instruments,  cause  such  meetings  to  be held, resolutions passed and by-laws
enacted,  exercise their vote and influence, do and perform and cause to be done
and  performed  such  further  and  other acts and things as may be necessary or
desirable  in  order  to  give  full  effect  to  this  Agreement.

     24.     ENTIRE  AGREEMENT.  This  Award  Agreement  supersedes  all  prior
             -----------------
discussions  and agreements among the parties hereto with respect to the subject
matter  contained  herein,  and,  together  with the Plan, contains the sole and
entire  agreement  between  the  parties hereto with respect to the transactions
contemplated  herein.  This Award Agreement may be amended only by an instrument
in  writing  signed  by  the  parties  hereto.

<PAGE>
     IN WITNESS WHEREOF, the parties hereto have executed his Award Agreement as
of  the  date  first  above  written.

                                         THE  TRACKER  CORPORATION  OF  AMERICA,
                                         a  Delaware  corporation

                                         By:/s/  Bruce  I.  Lewis
                                           -------------------------------------
                                         Bruce I. Lewis, Chief Executive Officer

                                              [CORPORATE  SEAL]

                                         PARTICIPANT:

                                         /s/  Jay  S.  Stulberg
                                         ---------------------------------------
                                         JAY STULBERG

<PAGE>
                                   SCHEDULE I

                       NUMBER OF SHARES AND EXERCISE PRICE

Number of Option Shares                                 Exercise Price Per Share
-----------------------                                 ------------------------

     600,000                                                   $.118

<PAGE>
<TABLE>
<CAPTION>
                                  SCHEDULE  II

                               VESTING OF OPTIONS

Award Date to    January 1, 2000 to   January 1, 2001 to   January 1, 2002 to
 December 31,       December 31,         December 31,         December 31,
    2000                2001                2002                 2003
<S>             <C>                  <C>                  <C>
0 shares         200,000 shares       200,000 shares       200,000 shares
   0%               33.33%                66.67%                 100%
</TABLE>

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00005-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00005-of-00352.parquet"}]]