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                                                                     EXHIBIT 4.2

                                YOUCENTRIC, INC.

                          2000 EQUITY COMPENSATION PLAN

                         ARTICLE I - GENERAL PROVISIONS

         1.1 The Plan is designed for the benefit of the Company to secure and
retain the services of Eligible Participants. The Board believes the Plan will
promote and increase personal interests in the welfare of the Company by, and
provide incentive to, those who are primarily responsible not only for its
regular operations but also for shaping and carrying out the long-range plans of
the Company and ordering its continued growth and financial success.

         1.2 Awards under the Plan may be made to Participants in the form of
(i) Incentive Stock Options; (ii) Nonqualified Stock Options; (iii) Stock
Appreciation Rights; (iv) Restricted Stock, (v) Stock Awards; (vi) Performance
Shares and/or (vii) Other Stock-Based Awards.

         1.3 The Plan shall be effective August 9, 2000 (the "Effective Date").
Notwithstanding any other provision of this Plan, any Award granted to a
Participant prior to approval of the shareholders of the Company at the
Company's 2000 Annual Meeting shall be conditioned upon and subject to such
approval.

                            ARTICLE II - DEFINITIONS

         Except where the context otherwise indicates, the following definitions
apply:

         2.1 "Act" means the Securities Exchange Act of 1934, as now in effect
or as hereafter amended. All citations to sections of the Act or rules
thereunder are to such sections or rules as they may from time to time be
amended or renumbered.

         2.2 "Agreement" means the written agreement evidencing an Award granted
to the Participant under the Plan.

         2.3 "Award" means an award granted to a Participant under the Plan of a
Stock Option, Stock Appreciation Right, Restricted Stock, Stock Award,
Performance Share, Other Stock-Based Award or of any combination thereof.

         2.4 "Board" means the Board of Directors of the Company.

         2.5 "Code" means the Internal Revenue Code of 1986, as now in effect or
as hereafter amended. All citations to sections of the Code are to such sections
as they may from time to time be amended or renumbered.

         2.6 "Committee" means the Compensation Committee of the Board or such
other committee consisting of two or more members as may be appointed by the
Board to administer this Plan pursuant to Article III.

         2.7 "Company" means YOUcentric, Inc, a North Carolina corporation, and
its successors and assigns.

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         2.8 "Disability" means, with respect to any Incentive Stock Option,
disability as determined under Code section 22(e)(3), and with respect to any
other Award, (i) with respect to a Participant who is eligible to participate in
the Employer's program of long-term disability insurance, if any, a condition
with respect to which the Participant is entitled to commence benefits under
such program, and (ii) with respect to any Participant (including a Participant
who is eligible to participate in the Employer's program of long-term disability
insurance, if any), a disability as determined under procedures established by
the Committee or in any Award.

         2.9 "Eligible Participant" means an employee of the Employer (including
an officer) as well as any other natural person, including a non-employee member
of the Board and a consultant or advisor who provides bona fide services to the
Employer not in connection with the offer or sale of securities in a
capital-raising transaction, subject to limitations as may be provided by the
Code, the Act or the Committee, as shall be determined by the Committee.

         2.10 "Employer" means the Company and any entity during any period that
it is a "parent corporation" or a "subsidiary corporation" with respect to the
Company within the meaning of Code section 424(d). With respect to all purposes
of the Plan, including but not limited to, the establishment, amendment,
termination, operation and administration of the Plan, the Company shall be
authorized to act on behalf of all other entities included within the definition
of "Employer."

         2.11 "Fair Market Value" means the fair market value of a share of
Stock, as determined in good faith by the Committee; provided, however, that

                  (a) if the Stock is listed on a national securities exchange,
         Fair Market Value on a date shall be the closing sale price reported
         for the Stock on such exchange on such date if at least 100 shares of
         Stock were sold on such date or, if fewer than 100 shares of stock were
         sold on such date, then Fair Market Value on such date shall be the
         closing sale price reported for the Stock on such exchange on the last
         prior date on which at least 100 shares were sold, all as reported in
         The Wall Street Journal or such other source as the Committee deems
         reliable; and

                  (b) if the Stock is not listed on a national securities
         exchange but is admitted to quotation on the National Association of
         Securities Dealers Automated Quotation System ("NASDAQ") or other
         comparable quotation system, Fair Market Value on a date shall be the
         last sale price reported for the Stock on such system on such date if
         at least 100 shares of Stock were sold on such date or, if fewer than
         100 shares of Stock were sold on such date, then Fair Market Value on
         such date shall be the average of the high bid and low asked prices
         reported for the Stock on such system on such date or, if no shares of
         Stock were sold on such date, then Fair Market Value on such date shall
         be the last sale price reported for the Stock on such system on the
         last date on which at least 100 shares of Stock were sold, all as
         reported in The Wall Street Journal or such other source as the
         Committee deems reliable; and

                  (c) If the Stock is not traded on a national securities
         exchange or reported by a national quotation system, if any
         broker-dealer makes a market for the Stock, then the Fair Market Value
         of the Stock on a date shall be the average of the highest and lowest
         quoted selling prices of the Stock in such market on such date if at
         least 100 shares of Stock were sold on such date or, if fewer than 100
         shares of Stock were sold on such date, then Fair Market Value on such
         date shall

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         be the average of the high bid and low asked prices for the Stock in
         such market on such date or, if no prices are quoted on such date, then
         Fair Market Value on such date shall be the average of the highest and
         lowest quoted selling prices of the Stock in such market on the last
         date on which at least 100 shares of Stock were sold.

         The Committee shall determine Fair Market Value in connection with an
         Incentive Stock Option in accordance with Code section 422 and the
         rules and regulations thereunder.

         2.12 "Incentive Stock Option" means a Stock Option granted to an
Eligible Participant under Article IV of the Plan.

         2.13 "Named Executive Officer" means a Participant who, as of the date
of vesting and/or payout of an Award, is one of the group of "covered employees"
as defined in the regulations promulgated or other guidance under Code section
162(m).

         2.14 "Nonqualified Stock Option" means a Stock Option granted to an
Eligible Participant under Article V of the Plan.

         2.15 "Option Grant Date" means, as to any Stock Option, the latest of:

                  (a) the date on which the Committee takes action to grant the
         Stock Option to the Participant;

                  (b) the date the Participant receiving the Stock Option
         becomes an employee of the Employer, to the extent employment status is
         a condition of the grant or a requirement of the Code or the Act; or

                  (c) such other date (later than the dates described in (a) and
         (b) above) as the Committee may designate.

         2.16 "Participant" means an Eligible Participant to whom an Award has
been granted.

         2.17 "Performance Share" means an Award under Article X of the Plan of
a unit valued by reference to a designated number of shares of Stock, which
value may be paid to the Participant by delivery of such property as the
Committee shall determine, including without limitation, cash or Stock, or any
combination thereof, upon achievement of such performance objectives during the
relevant performance period as the Committee shall establish at the time of such
Award or thereafter.

         2.18 "Plan" means the YOUcentric, Inc. 2000 Equity Compensation Plan,
as amended from time to time.

         2.19 "Public Offering" means any underwritten public offering by the
Company or its stockholders of its equity securities pursuant to an effective
registration statement filed under the Securities Act of 1933.

         2.20 "Restricted Stock" means an Award of Stock under Article VIII of
the Plan, which Stock is issued with such restriction(s) as the Committee, in
its sole discretion, may impose, including without

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limitation, any restriction on the right to sell, transfer, pledge or assign
such Stock, to vote such Stock, and/or to receive any cash dividends with
respect to such Stock, which restrictions may lapse separately or in combination
at such time or times, in installments or otherwise, as the Committee may deem
appropriate.

         2.21 "Restriction Period" means the period commencing on the date an
Award of Restricted Stock is granted and ending on such date as the Committee
shall determine.

         2.22 "Retirement" means retirement from active employment with the
Employer, as determined by the Committee.

         2.23 "Stock" means the common stock of the Company, as it may be
adjusted pursuant to the provisions of Plan section 3.10.

         2.24 "Stock Appreciation Right" means an Award granted under Article VI
which provides for an amount payable in Stock and/or cash, as determined by the
Committee, equal to the excess of the Fair Market Value of a share of Stock on
the day the Stock Appreciation Right is exercised over the specified purchase
price.

         2.25 "Stock Award" means as Award of Stock granted in payment of
compensation pursuant to Article IX of the Plan.

         2.26 "Stock Option" means an Incentive Stock Option or a Nonqualified
Stock Option. A Stock Option shall be designated as either an Incentive Stock
Option or a Nonqualified Stock Option, and in the absence of such designation,
shall be treated as a Nonqualified Stock Option.

         2.27 "Termination of Employment" means, with respect to a Participant,
the discontinuance of the Participant's service relationship with the Employer,
including but not limited to service as an employee of the Employer, as a
non-employee member of the board of directors of any entity constituting the
Employer, or as a consultant or advisor to the Employer who otherwise
constitutes an Eligible Participant. Except to the extent provided otherwise in
an Agreement or determined otherwise by the Committee, a Termination of
Employment shall not be deemed to have occurred if the capacity in which the
Participant provides service to the Employer changes (for example, a change from
consultant status to Employee status) or if the Participant transfers among the
various entities constituting the Employer, so long as there is no interruption
in the provision of service by the Participant to the Employer. The
determination of whether a Participant has incurred a Termination of Employment
shall be made by the Committee in its discretion. A Participant shall not be
deemed to have incurred a Termination of Employment if the Participant is on
military leave, sick leave, or other bona fide leave of absence approved by the
Employer of 90 days or fewer (or any longer period during which the Participant
is guaranteed reemployment by statute or contract.) In the event a Participant's
leave of absence exceeds this period, he will be deemed to have incurred a
Termination of Employment on the day following the expiration date of such
period. Notwithstanding the foregoing, the determination of whether a
Termination of Employment has occurred with respect to an Incentive Stock Option
shall be made consistent with Code section 422.

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                          ARTICLE III - ADMINISTRATION

         3.1 This Plan shall be administered by the Committee. The Committee, in
its discretion, may delegate to one or more of its members such of its powers as
it deems appropriate. The Committee also may limit the power of any member to
the extent necessary to comply with rule 16b-3 under the Act, Code section
162(m) or any other law or for any other purpose. Members of the Committee shall
be appointed originally, and as vacancies occur, by the Board, to serve at the
pleasure of the Board. The Board may serve as the Committee if by the terms of
the Plan all Board members are otherwise eligible to serve on the Committee. To
the extent that a Committee has not otherwise been appointed, references to the
"Committee" herein shall mean the Board.

         3.2 The Committee shall meet at such times and places as it determines.
A majority of its members shall constitute a quorum, and the decision of a
majority of those present at any meeting at which a quorum is present shall
constitute the decision of the Committee. A memorandum signed by all of its
members shall constitute the decision of the Committee without necessity, in
such event, for holding an actual meeting.

         3.3 The Committee shall have the exclusive right to interpret, construe
and administer the Plan, to select the persons who are eligible to receive an
Award, and to act in all matters pertaining to the granting of an Award and the
contents of the Agreement evidencing the Award, including without limitation,
the determination of the number of Stock Options, Stock Appreciation Rights,
Stock Awards or Performance Shares subject to an Award and the form, terms,
conditions and duration of each Award, and any amendment thereof consistent with
the provisions of the Plan. All acts, determinations and decisions of the
Committee made or taken pursuant to grants of authority under the Plan or with
respect to any questions arising in connection with the administration and
interpretation of the Plan, including the severability of any and all of the
provisions thereof, shall be conclusive, final and binding upon all
Participants, Eligible Participants and their estates and beneficiaries.

         3.4 The Committee may adopt such rules, regulations and procedures of
general application for the administration of this Plan, as it deems
appropriate.

         3.5 Subject to adjustment as provided in Plan section 3.10, the
aggregate number of shares of Stock which are available for issuance pursuant to
Awards under the Plan is thirty-five million five hundred forty-four thousand
seven hundred forty-four (35,544,744). Such shares of Stock shall be made
available from shares currently authorized but unissued or currently held or
subsequently acquired by the Company as treasury shares, including shares
purchased in the open market or in private transactions.

                           (a) If, for any reason, any shares of Stock awarded
         or subject to purchase under the Plan are not delivered or purchased,
         or are reacquired by the Company, for reasons including, but not
         limited to, a forfeiture of Restricted Stock or termination, expiration
         or cancellation of a Stock Option, Stock Appreciation Right, Stock
         Award or Performance Shares, such shares of Stock shall not be charged
         against the aggregate number of shares of Stock available for issuance
         pursuant to Awards under the Plan and shall again be available for
         issuance pursuant to Award under the Plan. If the exercise price and/or
         withholding obligation under a Stock Option is satisfied by tendering
         shares of Stock to the Company (either by actual delivery or
         attestation), only the number of shares of Stock issued net of the
         shares of Stock so tendered shall

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         be deemed delivered for purposes of determining the maximum number of
         shares of Stock available for issuance under the Plan.

                  (b) For all purposes under the Plan, each Performance Share
         awarded shall be counted as one share of Stock subject to an Award.

                  (c) To the extent a Stock Appreciation Right granted in
         connection with a Stock Option is exercised without payment being made
         in the form of Stock, whether or not Restricted Stock, the shares of
         Stock which otherwise would have been issued upon the exercise of such
         related Stock Option shall not be charged against the aggregate number
         of shares of Stock subject to Awards under the Plan, and may again be
         available for Award under the Plan.

         3.6 Each Award granted under the Plan shall be evidenced by a written
Agreement. Each Agreement shall be subject to and incorporate, by reference or
otherwise, the applicable terms and conditions of the Plan, and any other terms
and conditions, not inconsistent with the Plan, as may be imposed by the
Committee. A copy of such document shall be provided to the Participant, and the
Committee may, but need not, require that the Participant sign a copy of the
Agreement.

         3.7 The Company shall not be required to issue or deliver any
certificates for shares of Stock prior to:

                  (a) the listing of such shares on any stock exchange on which
         the Stock may then be listed or the admission of such shares to
         quotation on NASDAQ or other comparable quotation system; and

                  (b) the completion of any registration or qualification of
         such shares of Stock under any federal or state law, or any ruling or
         regulation of any government body which the Company shall, in its
         discretion, determine to be necessary or advisable.

         3.8 All certificates for shares of Stock delivered under the Plan shall
also be subject to such stop-transfer orders and other restrictions as the
Committee may deem advisable under the rules, regulations, and other
requirements of the Securities and Exchange Commission, any stock exchange upon
which the Stock is then listed and any applicable federal or state laws, and the
Committee may cause a legend or legends to be placed on any such certificates to
make appropriate reference to such restrictions. In making such determination,
the Committee may rely upon an opinion of counsel for the Company.

         3.9 Subject to the restrictions on Restricted Stock, as provided in
Article VIII of the Plan and in the Restricted Stock Agreement, each Participant
who receives an Award of Restricted Stock shall have all of the rights of a
shareholder with respect to such shares of Stock, including the right to vote
the shares to the extent, if any, such shares possess voting rights and receive
dividends and other distributions. Except as provided otherwise in the Plan or
in an Agreement, no Participant awarded a Stock Option, Stock Appreciation
Right, Stock Award, Performance Share or Other Stock-Based Award shall have any
right as a shareholder with respect to any shares of Stock covered by such Award
prior to the date of issuance to him or her of a certificate or certificates for
such shares of Stock.

         3.10 If any reorganization, recapitalization, reclassification, stock
split, stock dividend, or consolidation of shares of Stock, merger or
consolidation or separation, including a spin-off, of the

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Company or sale or other disposition by the Company of all or a portion of its
assets, any other change in the Company's corporate structure, or any
distribution to shareholders other than a cash dividend results in the
outstanding shares of Stock, or any securities exchanged therefore or received
in their place, being exchanged for a different number or class of shares of
Stock or other securities of the Company, or for shares of Stock or other
securities of any other corporation; or new, different or additional shares or
other securities of the Company or of any other corporation being received by
the holders of outstanding shares of Stock, then equitable adjustments shall be
made by the Committee in:

                  (a) the limitation on the aggregate number of shares of Stock
         that may be awarded as set forth in Plan section 3.5;

                  (b) the number and class of Stock that may be subject to an
         Award, and which have not been issued or transferred under an
         outstanding Award;

                  (c) the purchase price to be paid per share of Stock under
         outstanding Stock Options and the number of shares of Stock to be
         transferred in settlement of outstanding Stock Appreciation Rights; and

                  (d) the terms, conditions or restrictions of any Award and
         Agreement, including the price payable for the acquisition of Stock;
         provided, however, that all adjustments made as the result of the
         foregoing in respect of each Incentive Stock Option shall be made so
         that such Stock Option shall continue to be an incentive stock option
         within the meaning of Code section 422.

         3.11 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 Company against reasonable expenses, including
attorney's 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 Award
granted thereunder, and against all amounts paid by them in settlement thereof,
provided such settlement is approved by independent legal counsel selected by
the Company, or paid by them in satisfaction of a judgment or settlement in any
such action, suit or proceeding, except as to matters as to which the Committee
member has been negligent or engaged in misconduct in the performance of his
duties; provided, that within 60 days after institution of any such action, suit
or proceeding, a Committee member shall in writing offer the Company the
opportunity, at its own expense, to handle and defend the same.

         3.12 The Committee may require each person purchasing shares of Stock
pursuant to a Stock Option or other Award under the Plan to represent to and
agree with the Company in writing that he is acquiring the shares of Stock
without a view to distribution thereof. The certificates for such shares of
Stock may include any legend which the Committee deems appropriate to reflect
any restrictions on transfer.

         3.13 The Committee shall be authorized to make adjustments in
performance based criteria or in the terms and conditions of other Awards in
recognition of unusual or nonrecurring events affecting the Company or its
financial statements or changes in applicable laws, regulations or accounting
principles. The Committee may correct any defect, supply any omission or
reconcile any inconsistency in the Plan or any Agreement in the manner and to
the extent it shall deem desirable to carry it into effect. In the event

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the Company shall assume outstanding employee benefit awards or the right or
obligation to make future such awards in connection with the acquisition of
another corporation or business entity, the Committee may, in its discretion,
make such adjustments in the terms of Awards under the Plan as it shall deem
appropriate.

         3.14 All outstanding Awards to any Participant may be canceled if:

                  (a) the Participant, without the consent of the Committee,
         during his or her service relationship with the Employer or after
         termination of such relationship, becomes associated with, employed by,
         renders services to, or owns any interest in, other than any
         insubstantial interest, as determined by the Committee, any business
         that is in competition with the Employer or with any business in which
         the Employer has a substantial interest as determined by the Committee;
         or

                  (b) is terminated for cause as determined by the Committee.

         3.15 Notwithstanding any other provision of the Plan, the Company shall
have no liability to deliver any shares of Stock under the Plan or make any
other distribution of the benefits under the Plan unless such delivery or
distribution would comply with all applicable laws (including, without
limitation, the requirements of the Securities Act of 1933), and the applicable
requirements of any securities exchange or similar entity.

         3.16 In connection with any Public Offering, a Participant shall not
sell, make any short sale of, loan, hypothecate, pledge, grant any option for
the purchase of, or otherwise dispose or transfer for value or otherwise agree
to engage in any of the foregoing transactions with respect to, any Stock
acquired under the Plan without the prior written consent of the Company or its
underwriters. Such restriction (the "Market Stand-Off") shall be in effect for
such period of time from and after the effective date of the final prospectus
for the Public Offering as may be requested by the Company or such underwriters.
In no event, however, shall such period exceed the period for which securities
owned by the Chief Executive Officer of the Company are subject to the same
restrictions. Any new, substituted or additional securities that are by reason
of any recapitalization or reorganization distributed with respect to Stock
acquired under the Plan shall be immediately subject to the Market Stand-Off, to
the same extent the Stock acquired under the Plan is at such time covered by
such provisions. In order to enforce the Market Stand-Off, the Company may
impose stop-transfer restrictions with respect to the Stock acquired under the
Plan until the end of the applicable stand-off period.

         3.17 At all times when the Committee determines that compliance with
Code section 162(m) is required or desirable, all Awards granted under this Plan
to Named Executive Officers shall comply with the requirements of Code section
162(m). In addition, in the event that changes are made to Code section 162(m)
to permit greater flexibility with respect to any Awards under the Plan, the
Committee may, subject to the requirements of Article XII, make any adjustments
it deems appropriate.

                      ARTICLE IV - INCENTIVE STOCK OPTIONS

         4.1 Each provision of this Article IV and of each Incentive Stock
Option granted under the Plan shall be construed in accordance with the
provisions of Code section 422, and any provision hereof that cannot be so
construed shall be disregarded.

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         4.2 Incentive Stock Options shall be granted only to Eligible
Participants who are in the active employment of the Employer, and to
individuals to whom grants are conditioned upon active employment, each of whom
may be granted one or more such Incentive Stock Options for a reason related to
his employment at such time or times determined by the Committee following the
Effective Date through the date which is ten (10) years following the Effective
Date, subject to the following conditions:

                  (a) The Incentive Stock Option exercise price per share of
         Stock shall be set in the Agreement, but shall not be less than 100% of
         the Fair Market Value of the Stock on the Option Grant Date. If the
         Eligible Participant owns more than 10% of the outstanding Stock (as
         determined pursuant to Code section 424(d)) on the Option Grant Date,
         the Incentive Stock Option exercise price per share shall not be less
         than 110% of the Fair Market Value of the Stock on the Option Grant
         Date; provided, however, that if an Incentive Stock Option is granted
         to such an Eligible Participant at an exercise price per share that is
         less than 110% of Fair Market Value of the stock on the Option Grant
         Date, such Option shall be deemed a Nonqualified Stock Option.

                  (b) The Incentive Stock Option and its related Stock
         Appreciation Right, if any, may be exercised in whole or in part from
         time to time within ten (10) years from the Option Grant Date (five (5)
         years if the Eligible Participant owns more than 10% of the Stock on
         the Option Grant Date), or such shorter period as may be specified by
         the Committee in the Award; provided, that in any event, the Incentive
         Stock Option and any related Stock Appreciation Right shall lapse and
         cease to be exercisable upon a Termination of Employment or within such
         period following a Termination of Employment as shall have been
         specified in the Incentive Stock Option Agreement or related Stock
         Appreciation Right agreement, which period shall in no event exceed
         three months unless:

                           (i) employment shall have terminated as a result of
                  death or Disability, in which event such period shall not
                  exceed one year after the date of death or Disability; or

                           (ii) death shall have occurred following a
                  Termination of Employment and while the Incentive Stock Option
                  or Stock Appreciation Right was still exercisable, in which
                  event such period shall not exceed one year after the date of
                  death;

         provided, further, that such period following a Termination of
         Employment shall in no event extend the original exercise period of the
         Incentive Stock Option and/or Stock Appreciation Right.

                  (c) To the extent the aggregate Fair Market Value, determined
         as of the Option Grant Date, of the shares of Stock with respect to
         which incentive stock options (determined without regard to this
         subsection) are first exercisable during any calendar year (under this
         Plan or any other plan of the Company and its parent and subsidiary
         corporations (within the meaning of Code sections 424(e) and 424(f),
         respectively)), by Participant exceeds $100,000, such Incentive Stock
         Options granted under the Plan shall be treated as Nonqualified Stock
         Options granted under Article V.

                  (d) The Committee may adopt any other terms and conditions
         which it determines should be imposed for the Incentive Stock Option to
         qualify under Code section 422, as well as any other terms and
         conditions not inconsistent with this Article IV as determined by the
         Committee.

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                  (e) The maximum number of shares of Stock that may be issued
         pursuant to Incentive Stock Option Awards shall be the total number of
         shares specified in section 3.5.

         4.3 To the extent an Incentive Stock Option fails to meet the
requirements of Code section 422, it shall be deemed a Nonqualified Stock
Option.

         4.4 If the Incentive Stock Option Agreement so provides, the Committee
may require that all or part of the shares of Stock to be issued upon the
exercise of an Incentive Stock Option shall take the form of Restricted Stock,
which shall be valued on the date of exercise, as determined by the Committee,
on the basis of the Fair Market Value of such Restricted Stock determined
without regard to the deferral limitations and/or forfeiture restrictions
involved.

                     ARTICLE V - NONQUALIFIED STOCK OPTIONS

         5.1 Nonqualified Stock Options may be granted to Eligible Participants
to purchase shares of Stock at such time or times determined by the Committee,
subject to the terms and conditions set forth in this Article V.

         5.2 The Nonqualified Stock Option exercise price per share of Stock
shall be established in the Agreement and may be more than, equal to or less
than 100% of the Fair Market Value at the time of the grant.

         5.3 A Nonqualified Stock Option and its related Stock Appreciation
Right, if any, may be exercised in full or in part from time to time within such
period as may be specified by the Committee in the Agreement; provided, that, in
any event, the Nonqualified Stock Option and related Stock Appreciation Right
shall lapse and cease to be exercisable upon a Termination of Employment or
within such period following a Termination of Employment as shall have been
specified in the Nonqualified Stock Option Agreement or related Stock
Appreciation Right Agreement, provided, that such period following a Termination
of Employment shall in no event extend the original exercise period of the
Nonqualified Stock Option or Stock Appreciation Right.

         5.4 The Nonqualified Stock Option Agreement may include any other terms
and conditions not inconsistent with this Article V or Article VII, as
determined by the Committee.

                     ARTICLE VI - STOCK APPRECIATION RIGHTS

         6.1 A Stock Appreciation Right may be granted to an Eligible
Participant in connection with a Stock Option granted under Article IV or
Article V of this Plan or may be granted independent of any Stock Option.

         6.2 A Stock Appreciation Right shall entitle the holder, within the
specified period, to exercise the Stock Appreciation Right and receive in
exchange therefore a payment having an aggregate value equal to the amount by
which the Fair Market Value of a share of Stock exceeds the exercise price,
times the number of shares of Stock with respect to which the Stock Appreciation
Right is exercised. A Stock Appreciation Right granted in connection with a
Stock Option shall entitle the holder of the related Stock Option, within the
period specified for the exercise of the Stock Option, to surrender the
unexercised Stock Option, or a portion thereof, and to receive in exchange
therefore a payment having an aggregate value

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equal to the amount by which the Fair Market Value of a share of Stock exceeds
the Stock Option price per share of Stock, times the number of shares of Stock
under the Stock Option, or portion thereof, which is surrendered.

         6.3 Each Stock Appreciation Right granted hereunder in connection with
a Stock Option shall be subject to the same terms and conditions as the related
Stock Option, including limitations on transferability, and shall be exercisable
only to the extent such Stock Option is exercisable and shall terminate or lapse
and cease to be exercisable when the related Stock Option terminates or lapses.
The grant of Stock Appreciation Rights related to Incentive Stock Options must
be concurrent with the grant of the Incentive Stock Options. With respect to
Nonqualified Stock Options, the grant either may be concurrent with the grant of
the Nonqualified Stock Options, or in connection with Nonqualified Stock Options
previously granted under Article V, which are unexercised and have not
terminated or lapsed.

         6.4 The Committee shall have sole discretion to determine in each case
whether the payment with respect to the exercise of a Stock Appreciation Right
will be in the form of all cash, all Stock, or any combination thereof. If
payment is to be made in Stock, the number of shares of Stock shall be
determined based on the Fair Market Value of the Stock on the date of exercise.
If the Committee elects to make full payment in Stock, no fractional shares of
Stock shall be issued and cash payments shall be made in lieu of fractional
shares.

         6.5 The Committee shall have sole discretion as to the timing of any
payment made in cash or Stock, or a combination thereof, upon exercise of Stock
Appreciation Rights. Payment may be made in a lump sum, in annual installments
or may be otherwise deferred; and the Committee shall have sole discretion to
determine whether any deferred payments may bear amounts equivalent to interest
or cash dividends.

         6.6 Upon exercise of a Stock Appreciation Right, the number of shares
of Stock subject to exercise under any related Stock Option shall automatically
be reduced by the number of shares of Stock represented by the Stock Option or
portion thereof which is surrendered.

         6.7 Notwithstanding any other provision of the Plan, the exercise of a
Stock Appreciation Right is required to satisfy any applicable requirements
under Rule 16b-3 of the Act.

                    ARTICLE VII - INCIDENTS OF STOCK OPTIONS
                          AND STOCK APPRECIATION RIGHTS

         7.1 Each Stock Option and Stock Appreciation Right shall be granted
subject to such terms and conditions, if any, not inconsistent with this Plan,
as shall be determined by the Committee, including any provisions as to
continued employment or other service as consideration for the grant or exercise
of such Stock Option or Stock Appreciation Right and any provisions which may be
advisable to comply with applicable laws, regulations or rulings of any
governmental authority.

         7.2 On and after the date on which Code section 162(m) becomes
applicable to the Plan, the maximum number of shares of Stock that may be
subject to Stock Options and Stock Appreciation Rights granted to any one
individual during any calendar year shall be 250,000 shares; provided, however,
that this maximum shall be 1,000,000 shares for the calendar year in which an
individual first becomes an employee of the Employer.

                                       11
<PAGE>

         7.3 Except as provided below, each Stock Option and Stock Appreciation
Right shall not be transferable by the Participant other than by will or by the
laws of descent and distribution or, to the extent otherwise allowed by
applicable law, pursuant to a qualified domestic relations order as defined by
the Code and the Employee Retirement Income Security Act of 1974, as amended, or
the rules thereunder, and shall be exercisable during the lifetime of the
Participant only by him or in the event of his death or Disability, by his
guardian or legal representative; provided, however, that a Nonqualified Stock
Option or Stock Appreciation Right may be transferred and exercised by the
transferee to the extent determined by the Committee to be consistent with
securities and other applicable laws, rules and regulations and with Company
policy.

         7.4 Shares of Stock purchased upon exercise of a Stock Option or Stock
Appreciation Right shall be paid for at the time of exercise (or, in case of an
exercise pursuant to a cashless exercise mechanism described below, as soon as
practicable after such exercise) in cash or by tendering (either by actual
delivery or by attestation) shares of Stock held by the Participant for the
requisite period necessary to avoid a charge to the Company's earnings for
financial reporting purposes, as determined by the Committee in its discretion,
having an aggregate Fair Market Value equal to the amount of cash that would
otherwise be required to pay the full option price or by authorizing a third
party to sell a portion of the shares acquired upon exercise of the Stock Option
or Stock Appreciation Right and remit to the Employer a sufficient portion of
the sales proceeds to pay the full option price any tax withholding resulting
from such exercise or by any combination of these methods, subject to any
limitations set forth in the corresponding Agreement.

         7.5 Unless expressly provided otherwise in an Agreement or by the
Committee, no dividends shall be paid on shares of Stock subject to unexercised
Stock Options or Stock Appreciation Rights. However, the Committee may provide
in an Agreement or otherwise that a Participant has the right to receive
dividend payments or dividend equivalent payments with respect to Stock subject
to a Stock Option or Stock Appreciation Right (both before and after the Stock
subject to the Award is earned, vested, or acquired), which payments may be
either made currently or credited to an account for the Participant, and may be
settled in cash or Stock, as determined by the Committee. Any such settlements,
and any such crediting of dividends or dividend equivalents or reinvestment in
shares of Stock, may be subject to such conditions, restrictions, and
contingencies as the Committee shall establish, including the reinvestment of
such credited amounts in Stock equivalents. Any such Stock issued, whether
delivered or contingently credited, shall be charged against the limitations set
forth in Plan section 3.5.

         7.6 The Committee may permit the voluntary surrender of all or a
portion of any Stock Option or Stock Appreciation Right granted under the Plan
to be conditioned upon the granting to the Participant of a new Stock Option or
Stock Appreciation Right for the same or a different number of shares of Stock
as the Stock Option or Stock Appreciation Right surrendered, or may require such
surrender as a condition precedent to a grant of a new Stock Option or Stock
Appreciation Right to such Participant. Subject to the provisions of the Plan,
such new Stock Option or Stock Appreciation Right shall be exercisable at such
price, during such period and on such other terms and conditions as are
specified by the Committee at the time the new Stock Option or Stock
Appreciation Right is granted. Upon surrender, the Stock Options or Stock
Appreciation Rights surrendered shall be canceled and the shares of Stock
previously subject to them shall be available for the grant of other Awards
under this Plan.

                                       12
<PAGE>

                         ARTICLE VIII - RESTRICTED STOCK

         8.1 Restricted Stock Awards may be made to Participants as an incentive
for the performance of future services that will contribute materially to the
successful operation of the Employer. Awards of Restricted Stock may be made
either alone or in addition to or in tandem with other Awards granted under the
Plan.

         8.2 With respect to Awards of Restricted Stock, the Committee shall:

                  (a) determine the purchase price, if any, to be paid for such
        Restricted Stock, which may be more than, equal to, or less than par
        value and may be zero, subject to such minimum consideration as may be
        required by applicable law;

                  (b) determine the length of the Restriction Period;

                  (c) determine any restrictions applicable to the Restricted
         Stock such as service or performance;

                  (d) determine if the restrictions shall lapse as to all shares
        of Restricted Stock at the end of the Restriction Period or as to a
        portion of the shares of Restricted Stock in installments during the
        Restriction Period; and

                  (e) determine if dividends and other distributions on the
         Restricted Stock are to be paid currently to the Participant or paid to
         the Company for the account of the Participant.

         8.3 Notwithstanding Section 3.6 of the Plan, a Restricted Stock Award
must be accepted within a period of 60 days, or such other period as the
Committee may specify, by executing a Restricted Stock Agreement and paying
whatever price, if any, is required. The prospective recipient of a Restricted
Stock Award shall not have any rights with respect to such Award, unless and
until such recipient has executed a Restricted Stock Agreement and has delivered
a fully executed copy thereof to the Committee, and has otherwise complied with
the applicable terms and conditions of such Award.

         8.4 Except when the Committee determines otherwise, or as otherwise
provided in the Restricted Stock Agreement, if a Participant terminates
employment or other service relationship with the Employer for any reason before
the expiration of the Restriction Period, all shares of Restricted Stock still
subject to restriction shall be forfeited by the Participant and shall be
reacquired by the Company.

         8.5 Except as otherwise provided in this Article VIII, no shares of
Restricted Stock received by a Participant shall be sold, exchanged,
transferred, pledged, hypothecated or otherwise disposed of during the
Restriction Period.

         8.6 To the extent not otherwise provided in a Restricted Stock
Agreement, in cases of death, Disability or Retirement or in cases of special
circumstances, the Committee may in its discretion elect to waive any or all
remaining restrictions with respect to such Participant's Restricted Stock.

         8.7 In the event of hardship or other special circumstances of a
Participant whose employment or other service relationship with the Employer is
involuntarily terminated, the Committee may in its

                                       13
<PAGE>

discretion elect to waive in whole or in part any or all remaining restrictions
with respect to any or all of the Participant's Restricted Stock, based on such
factors and criteria as the Committee may deem appropriate.

         8.8 Upon an Award of Restricted Stock to a Participant, one or more
stock certificates representing the shares of Restricted Stock shall be
registered in the Participant's name. Such certificates may either:

                  (a) be held in custody by the Company until the Restriction
         Period expires or until restrictions thereon otherwise lapse, and the
         Participant shall deliver to the Company one or more stock powers
         endorsed in blank relating to the Restricted Stock; and/or

                  (b) be issued to the Participant and registered in the name of
         the Participant, and shall bear an appropriate restrictive legend and
         shall be subject to appropriate stop-transfer orders.

         8.9 Except as provided in this Article VIII, a Participant receiving a
Restricted Stock Award shall have, with respect to such Restricted Stock Award,
all of the rights of a shareholder of the Company, including the right to vote
the shares to the extent, if any, such shares possess voting rights and the
right to receive any dividends; provided, however, the Committee may require
that any dividends on such shares of Restricted Stock shall be automatically
deferred and reinvested in additional Restricted Stock subject to the same
restrictions as the underlying Award, or may require that dividends and other
distributions on Restricted Stock shall be paid to the Company for the account
of the Participant. The Committee shall determine whether interest shall be paid
on such amounts, the rate of any such interest, and the other terms applicable
to such amounts.

         8.10 If and when the Restriction Period expires without a prior
forfeiture of the Restricted Stock subject to such Restriction Period,
unrestricted certificates for such shares shall be delivered to the Participant;
provided, however, that the Committee may cause such legend or legends to be
placed on any such certificates as it may deem advisable under the rules,
regulations and other requirements of the Securities and Exchange Commission and
any applicable federal or state law.

         8.11 In order to better ensure that Award payments actually reflect the
performance of the Company and the service of the Participant, the Committee may
provide, in its sole discretion, for a tandem performance-based or other Award
designed to guarantee a minimum value, payable in cash or Stock to the recipient
of a Restricted Stock Award, subject to such performance, future service,
deferral and other terms and conditions as may be specified by the Committee.

                            ARTICLE IX - STOCK AWARDS

         9.1 A Stock Award shall be granted only in payment of compensation that
has been earned or as compensation to be earned, including without limitation,
compensation awarded concurrently with or prior to the grant of the Stock Award.

         9.2 For the purposes of this Plan, in determining the value of a Stock
Award, all shares of Stock subject to such Stock Award shall be valued at not
less than 100% of the Fair Market Value of such shares of Stock on the date such
Stock Award is granted, regardless of whether or when such shares of Stock are
issued or transferred to the Participant and whether or not such shares of Stock
are subject to restrictions which affect their value.

                                       14
<PAGE>

         9.3 Shares of Stock subject to a Stock Award may be issued or
transferred to the Participant at the time the Stock Award is granted, or at any
time subsequent thereto, or in installments from time to time, as the Committee
shall determine. If any such issuance or transfer shall not be made to the
Participant at the time the Stock Award is granted, the Committee may provide
for payment to such Participant, either in cash or shares of Stock, from time to
time or at the time or times such shares of Stock shall be issued or transferred
to such Participant, of amounts not exceeding the dividends which would have
been payable to such Participant in respect of such shares of Stock, as adjusted
under Section 3.10, if such shares of Stock had been issued or transferred to
such Participant at the time such Stock Award was granted.

         9.4 A Stock Award shall be subject to such terms and conditions,
including without limitation, restrictions on the sale or other disposition of
the Stock Award or of the shares of Stock issued or transferred pursuant to such
Stock Award, as the Committee shall determine; provided, however, that upon the
issuance or transfer of shares pursuant to a Stock Award, the Participant, with
respect to such shares of Stock, shall be and become a shareholder of the
Company fully entitled to receive dividends, to vote to the extent, if any, such
shares possess voting rights and to exercise all other rights of a shareholder
except to the extent otherwise provided in the Stock Award. Each Stock Award
shall be evidenced by a written Agreement in such form as the Committee shall
determine.

                         ARTICLE X - PERFORMANCE SHARES

         10.1 Awards of Performance Shares may be made to certain Participants
as an incentive for the performance of future services that will contribute
materially to the successful operation of the Company. Awards of Performance
Shares may be made either alone, in addition to or in tandem with other Awards
granted under the Plan and/or cash payments made outside of the Plan.

         10.2 With respect to Awards of Performance Shares, which may be issued
for no consideration or such minimum consideration as is required by applicable
law, the Committee shall:

                  (a) determine and designate from time to time those
Participants to whom Awards of Performance Shares are to be granted;

                  (b) determine the number of Performance Shares to be granted
to a Participant;

                  (b) determine the performance period and/or performance
objectives pursuant to which Performance Shares may be earned;

                  (c) determine the form of settlement of a Performance Share;
and

                  (d) generally determine the terms and conditions of each such
Award.

At any date, each Performance Share shall have a value equal to the Fair Market
Value, determined as set forth in Section 2.11.

         10.3 The Committee may designate whether any Performance Share is
intended to be "performance-based compensation" within the meaning of Code
section 162(m). Notwithstanding anything

                                       15
<PAGE>

herein to the contrary, any such Award shall be conditioned on achievement of
one or more performance measures selected by the Committee from among the
following: earnings, earnings per share, revenues, revenue growth, gross margin,
market value added, economic value added, EBIT, EBITDA, return on equity, return
on investment, return on assets, return on net assets, return on capital
employed, total shareholder return, profit, economic profit, capitalized
economic profit, after-tax profit, pre-tax profit, cash flow, cash flow return,
sales, sales volume, inventory turnover ratio, stock price, cost, and/or unit
cost. The grant of such Awards and the establishment of the performance measures
shall be made during the specified performance period, which shall meet the
requirements of Code section 162(m). On and after the date on which Code section
162(m) becomes applicable to the Plan, no more than 250,000 Performance Shares
may be earned by any Participant in any calendar year.

         10.4 Performance periods may overlap, and Participants may participate
simultaneously with respect to Performance Shares for which different
performance periods are prescribed.

         10.5 The Committee shall determine the performance objectives of Awards
of Performance Shares. Performance objectives may vary from Participant to
Participant and between Awards and, except as provided in Section 10.3 above,
shall be based upon such performance criteria or combination of factors as the
Committee may deem appropriate, including for example, but not limited to,
minimum earnings per share or return on equity. If during the course of a
performance period there shall occur significant events which the Committee
expects to have a substantial effect on the applicable performance objectives
during such period, the Committee may revise such performance objectives.

         10.6 If a Participant terminates service with the Employer during a
performance period because of death, Disability, Retirement or under other
circumstances in which the Committee in its discretion finds that a waiver would
be appropriate, that Participant, as determined by the Committee, may be
entitled to a payment of Performance Shares at the end of the performance period
based upon the extent to which the performance objectives were satisfied at the
end of such period and pro rated for the portion of the performance period
during which the Participant was in service with the Employer; provided,
however, the Committee may provide for an earlier payment in settlement of such
Performance Shares in such amount and under such terms and conditions as the
Committee deems appropriate or desirable. If a Participant terminates service
with the Employer during a performance period for any other reason, then such
Participant shall not be entitled to any payment with respect to that
performance period unless the Committee shall otherwise determine.

         10.7 Each Award of a Performance Share shall be paid in whole shares of
Stock, or cash, or a combination of Stock and cash as the Committee shall
determine, with payment to be made as soon as practicable after the end of the
relevant performance period.

         10.8 The Committee shall have the authority to approve requests by
Participants to defer payment of Performance Shares on terms and conditions
approved by the Committee and set forth in a written Agreement between the
Participant and the Company entered into in advance of the time of receipt or
constructive receipt of payment by the Participant.

                      ARTICLE XI - OTHER STOCK-BASED AWARDS

         11.1 Other awards that are valued in whole or in part by reference to,
or are otherwise based on, Stock ("Other Stock-Based Awards"), including without
limitation, convertible preferred stock, convertible

                                       16
<PAGE>

debentures, exchangeable securities, phantom stock and Stock awards or options
valued by reference to book value or performance, may be granted either alone or
in addition to or in tandem with other Awards granted under the Plan and/or cash
awards made outside of the Plan. Subject to the provisions of the Plan, the
Committee shall have authority to determine the Eligible Participants to whom
and the time or times at which Other Stock-Based Awards shall be made, the
number of shares of Stock subject to such Awards, and all other conditions of
the Awards. The Committee also may provide for the grant of shares of Stock upon
the completion of a specified performance period. The provisions of Other
Stock-Based Awards need not be the same with respect to each recipient.

         11.2 Other Stock-Based Awards made pursuant to this Article XI shall be
subject to the following terms and conditions:

                  (a) Subject to the provisions of this Plan and the applicable
Agreement, shares of Stock subject to Other Stock-Based Awards may not be sold,
assigned, transferred, pledged or otherwise encumbered prior to the date on
which the shares are issued, or, if later, the date on which any applicable
restriction, performance or deferral period lapses.

                  (b) Subject to the provisions of this Plan and the applicable
Agreement and unless otherwise determined by the Committee at the time of the
Award, the recipient of an Other Stock-Based Award shall be entitled to receive,
currently or on a deferred basis, interest or dividends or interest or dividend
equivalents with respect to the number of shares covered by the Award, as
determined at the time of the Award by the Committee, in its sole discretion,
and the Committee may provide that such amounts, if any, shall be deemed to have
been reinvested in additional Stock or otherwise reinvested.

                  (c) Any Other Stock-Based Award and any Stock covered by any
such Award shall vest or be forfeited to the extent so provided in the
applicable Agreement, as determined by the Committee, in its sole discretion.

                  (d) Upon the Participant's Retirement, Disability or death, or
in cases of special circumstances, the Committee may, in its sole discretion,
waive in whole or in part any or all of the remaining limitations imposed
hereunder, if any, with respect to any or all of an Other Stock-Based Award.

                  (e) Each Other Stock-Based Award shall be evidenced by, and
subject to the terms of, an Agreement.

                  (f) Stock, including securities convertible into Stock, issued
on a bonus basis under this Article XI may be issued for no cash consideration.

         11.3 The Committee may designate whether any Other Stock-Based Award is
intended to be "performance-based compensation" within the meaning of Code
section 162(m). Notwithstanding anything herein to the contrary, any such Award
shall be conditioned on achievement of one or more performance measures selected
by the Committee from among the following: earnings, earnings per share,
revenues, revenue growth, gross margin, market value added, economic value
added, EBIT, EBITDA, return on equity, return on investment, return on assets,
return on net assets, return on capital employed, total shareholder return,
profit, economic profit, capitalized economic profit, after-tax profit, pre-tax
profit, cash flow, cash flow return, sales, sales volume, inventory turnover
ratio, stock price, cost, and/or unit cost. The grant of such Awards and the
establishment of the performance measures shall be made during the

                                       17
<PAGE>

specified performance period, which shall meet the requirements of Code section
162(m). On and after the date on which Code section 162(m) becomes applicable to
the Plan, no more than 250,000 shares of Stock may be earned by any Participant
in any calendar year.

         11.4 Other Stock-Based Awards may include a phantom stock Award, which
is subject to the following terms and conditions:

                  (a) The Committee shall select the Eligible Participants who
may receive phantom stock Awards. The Eligible Participant shall be awarded a
phantom stock unit, which shall be the equivalent to a share of Stock.

                  (b) Under an Award of phantom stock, payment shall be made on
the dates or dates as specified by the Committee or as stated in the applicable
Agreement and phantom stock Awards may be settled in cash, Stock, or some
combination thereof.

                  (c) The Committee shall determine such other terms and
conditions of each Award as it deems necessary in its sole discretion.

                     ARTICLE XII - AMENDMENT AND TERMINATION

         12.1 The Board at any time and from time to time, may amend or
terminate the Plan. To the extent required by Code section 422 and/or the rules
of the exchange upon which the Stock is traded or other applicable law, no
amendment, without approval by the Company's shareholders, shall:

                  (a) alter the group of persons eligible to participate in the
         Plan;

                  (b) except as provided in Plan section 3.10, increase the
         maximum number of shares of Stock which are available for issuance
         pursuant to Awards granted under the Plan;

                  (c) extend the period during which Incentive Stock Options may
         be granted beyond the date which is ten (10) years following the
         Effective Date.

                  (d) limit or restrict the powers of the Committee with respect
         to the administration of this Plan;

                  (e) change the definition of an Eligible Participant for the
         purpose of Incentive Stock Options or increase the limit or the value
         of shares of Stock for which an Eligible Participant may be granted an
         Incentive Stock Option;

                  (f) materially increase the benefits accruing to Participants
         under this Plan; or

                  (g) change any of the provisions of this Article XII.

         12.2 No amendment to or discontinuance of this Plan or any provision
thereof by the Board or the shareholders of the Company shall, without the
written consent of the Participant, adversely affect, as shall be determined by
the Committee, any Award previously granted to such Participant under this Plan;

                                       18
<PAGE>

provided, however, the Committee retains the right and power to treat any
outstanding Incentive Stock Option as a Nonqualified Stock Option in accordance
with Plan section 4.3.

         12.3 Notwithstanding anything herein to the contrary, if the right to
receive or benefit from any Award, either alone or together with payments that a
Participant has the right to receive from the Company, would constitute a
"parachute payment" under Code section 280G, all such payments may be reduced,
in the discretion of the Committee, to the largest amount that will avoid an
excise tax to the Participant under Code section 280G.

                     ARTICLE XIII - MISCELLANEOUS PROVISIONS

         13.1 Nothing in the Plan or any Award granted under the Plan shall
confer upon any Participant any right to continue in the service of the
Employer, or to serve as a director thereof, or interfere in any way with the
right of the Employer to terminate his or her employment or other service
relationship at any time. Unless agreed by the Board, no Award granted under the
Plan shall be deemed salary or compensation for the purpose of computing
benefits under any employee benefit plan or other arrangement of the Employer
for the benefit of its employees. No Participant shall have any claim to an
Award until it is actually granted under the Plan. To the extent that any person
acquires a right to receive payments from the Company under the Plan, such right
shall, except as otherwise provided by the Committee, be no greater than the
right of an unsecured general creditor of the Company.

         13.2 The Committee may make such provisions and take such steps as it
may deem necessary or appropriate for the withholding of any taxes which the
Employer is required by any law or regulation of any governmental authority,
whether federal, state or local, domestic or foreign, to withhold in connection
with any Award or the exercise thereof, including, but not limited to,
withholding the payment of all or any portion of such Award or another Award
under this Plan until the Participant reimburses the Employer for the amount the
Employer is required to withhold with respect to such taxes, or canceling any
portion of such Award or another Award under this Plan in an amount sufficient
to reimburse itself for the amount it is required to so withhold, or selling any
property contingently credited by the Company for the purpose of paying such
Award or another Award under this Plan in order to withhold or reimburse itself
for the amount it is required to so withhold. The amount to be withheld shall
not exceed the statutory minimum federal and state income and employment tax
liability arising from the exercise transaction. Any such method of satisfying
the withholding obligation must satisfy any applicable requirements of rule
16b-3 under the Act.

         13.3 The Plan and the grant of Awards shall be subject to all
applicable federal and state laws, rules, and regulations and to such approvals
by any United States government or regulatory agency as may be required. Any
provision herein relating to compliance with rule 16b-3 under the Act shall not
be applicable with respect to participation in the Plan by Participants who are
not subject to Act section 16(b).

         13.4 The terms of the Plan shall be binding upon the Company, and its
successors and assigns.

         13.5 The Plan is intended to constitute an "unfunded" plan for
incentive and deferred compensation. With respect to any payments not yet made
to a Participant by the Company, nothing contained herein shall give any such
Participant any rights that are greater than those of a general creditor of the
Company. In its sole discretion, the Committee may authorize the creation of
trusts or other arrangements to meet the obligations created under the Plan to
deliver shares of Stock or payments in lieu

                                       19
<PAGE>

of or with respect to Awards under the Plan; provided, however, that, unless the
Committee otherwise determines with the consent of the affected Participant, the
existence of such trusts or other arrangements is consistent with the "unfunded"
status of the Plan.

         13.6 Each Participant agrees to give the Committee prompt written
notice of any election made by such Participant under Code section 83(b) or any
similar provision thereof.

         13.7 If any provision of this Plan or an Agreement is or becomes or is
deemed invalid, illegal or unenforceable in any jurisdiction, or would
disqualify the Plan or any Agreement under any law deemed applicable by the
Committee, such provision shall be construed or deemed amended to conform to
applicable laws or if it cannot be construed or deemed amended without, in the
determination of the Committee, materially altering the intent of the Plan or
the Agreement, it shall be stricken and the remainder of the Plan or the
Agreement shall remain in full force and effect.

         13.8 Where the context admits, words in any gender shall include the
other gender, words in the singular shall include the plural and words in the
plural shall include the singular.

                                       20
<PAGE>

                                YOUCENTRIC, INC.
                       NONQUALIFIED STOCK OPTION AGREEMENT

            THIS NONQUALIFIED STOCK OPTION AGREEMENT ("Agreement') is made as of
[Date] (the "Grant Date"), by and between YOUCENTRIC, INC., a Delaware
corporation (the "Company"), and [Optionee Name] (the "Optionee").

            WHEREAS, the Optionee is a valuable and trusted employee of the
Company; and

            WHEREAS, the Board has granted a nonqualified stock option to the
Optionee pursuant to the Plan to provide the Optionee with the opportunity to
acquire a proprietary interest in the Company as an incentive to advance the
interests of the Company; and

            WHEREAS, this Agreement evidences the terms and conditions of such
nonqualified stock option.

            NOW, THEREFORE, in consideration of the foregoing, of the mutual
promises set forth below and of other good and valuable consideration, the
receipt and sufficiency of which are hereby acknowledged, the parties hereto,
intending to be legally bound, agree as follows:

         1. Grant of Option. The Board granted the Optionee an option to
purchase from the Company, during the period specified in section 3 of this
Agreement, a total of [number of shares] (______) shares of the common stock of
the Company at the purchase price of [price] ($______) per share (the "Purchase
Price"), in accordance with the terms and conditions stated in this Agreement.
The shares of Stock subject to the option granted hereby are referred to below
as the "Shares," and the option to purchase such Shares is referred to below as
the "Option."

         2. Definitions; Authority of Committee.

            (a) All capitalized terms used in this Agreement shall have the
meanings set out in the Plan unless otherwise specified in this Agreement.

            (b) "Cause" means the commission of any act of fraud, embezzlement
or dishonesty by the Optionee against the Company or the surviving entity
following a Change in Control or Corporate Reorganization, any unauthorized use
or disclosure by the Optionee of confidential information or trade secrets of
the Company or the surviving entity following a Change in Control or Corporate
Reorganization, or any other intentional misconduct by Optionee adversely
affecting the business or affairs of the Company or the surviving entity
following a Change in Control or Corporate Reorganization in a material manner,
unless the Optionee cures such misconduct within ten (10) days after notice from
such entity. The foregoing definition shall not be deemed to be inclusive of all
the acts or omissions which such entity may consider as grounds for the
dismissal or discharge of the Optionee.

            (c) A "Change in Control" shall be deemed to have occurred if, after
the Company has consummated a Public Offering:

                (i) any "Person" as defined in Section 3(a)(9) of the Act,
including a "group" (as that term is used in Rules 13(d)(3) and 14(d)(2) under
the Act), but excluding the Company and any employee benefit plan sponsored or
maintained by the Company, including any trustee of such plan acting as trustee:

<PAGE>

                    (A) consummates a tender or exchange offer for any shares of
the Stock pursuant to which at least fifty percent (50%) of the outstanding
shares of the Stock are purchased; or

                    (B) together with its "affiliates" and "associates" (as
those terms are defined in Rule 12b-2 under the Act) becomes the "Beneficial
Owner" (within the meaning of Rule 13d-3 under the Act) of at least fifty
percent (50%) of the Stock;

                (ii) a merger or consolidation of the Company with or into
another corporation is consummated and the Company's shareholders immediately
prior to the transaction do not own at least fifty percent (50%) of the
surviving company's outstanding stock immediately following the transaction, a
sale or other disposition of all or substantially all of the Company's assets,
or the liquidation of the Company; or

                (iii) during any period of 24 consecutive months during the
existence of this Agreement, the individuals who, at the beginning of such
period, constitute the Board (the "Incumbent Directors") cease for any reason
other than death to constitute at least a majority thereof; provided, however,
that a director who was not a director at the beginning of such 24 month period
shall be deemed to have satisfied such 24 month requirement, and be an Incumbent
Director, if such director was elected by, or on the recommendation of or with
the approval of, at least two-thirds of the directors who then qualified as
Incumbent Directors either actually, because they were directors at the
beginning of such 24 month period, or by prior operation of this subparagraph
(iii).

            (d) A "Corporate Reorganization" means the happening of any one of
the following events prior to the time at which the Company has consummated a
Public Offering: (i) the dissolution or liquidation of the Company; (ii) a
reorganization, merger, or consolidation involving the Company unless (A) the
transaction involves only the Company and one or more of the Company's parent
company and wholly-owned (excluding interests held by employees, officers and
directors) subsidiaries; or (B) the shareholders who had the power to elect a
majority of the Board immediately prior to the transaction have the power to
elect a majority of the board of directors of the surviving entity immediately
following the transaction; (iii) the sale of all or substantially all of the
assets of the Company to another company, person or business entity; or (iv) an
acquisition of Company stock, unless the shareholders who had the power to elect
a majority of the Board immediately prior to the acquisition have the power to
elect a majority of the Board immediately following the transaction.

            (e) An "Involuntary Termination" is any termination of employment of
the Optionee: (i) by the Optionee during the twelve (12) month period following
a Change in Control or Corporate Reorganization (A) following the assignment to
the Optionee by the surviving entity following such Change in Control or
Corporate Reorganization of any duties that are significantly incompatible with,
and detract from, the Optionee's duties, responsibilities or status with the
Company immediately prior to the effective date of such Change in Control or
Corporate Reorganization, (B) following a significant reduction in the
Optionee's annual base salary and annual bonus in effect immediately prior to
the effective date of such Change in Control or Corporate Reorganization; or (C)
following the Company's assignment of the Optionee to a location other than his
principal location of employment immediately prior to the effective date of such
Change in Control or Corporate Reorganization (except for required travel on
Company business to an extent substantially consistent with the Optionee's
business travel obligations immediately prior to the effective date of such
Change in Control or Corporate Reorganization), or, in the event he consents to
any such relocation, the failure of the Company to pay (or reimburse the
Optionee for all reasonable moving expenses incurred by him relating to a change
of his principal residence in connection with such relocation), or (ii) by the
surviving entity

                                       2
<PAGE>

during the twelve (12) month period following the effective date of a Change in
Control or Corporate Reorganization for any reason other than for Cause.

            (f) "Plan" means the YOUcentric, Inc. 2000 Equity Compensation Plan,
as it may be amended from time to time.

            (g) "Securities Act" means the Securities Act of 1933, as amended.

            (h) All determinations made by the Committee with respect to the
interpretation, construction and application of any provision of this agreement
shall be final, conclusive and binding on all parties.

         3. Vesting and Exercise of Option. The Option shall vest and become
exercisable in accordance with the schedule set forth below, provided that the
Option shall vest and become exercisable with respect to an increment as
specified only if the Optionee has not incurred a Termination of Employment as
of the specified date for such increment:

            (a) on [date], the Option shall vest and become exercisable with
respect to one-fourth (1/4) of the Shares (rounded up to the next highest whole
number of Shares, as necessary);

            (b) on [date], the Option shall vest and become exercisable with
respect to an additional one-fourth (1/4) of the Shares (rounded up to the next
highest whole number of Shares, as necessary);

            (c) on [date], the Option shall vest and become exercisable with
respect to an additional one-fourth (1/4) of the Shares (rounded up to the next
highest whole number of Shares, as necessary);

            (d) on [date], the Option shall vest and become exercisable with
respect to all remaining Shares.

         Notwithstanding the foregoing, if Optionee is a non-exempt employee for
purposes of the Fair Labor Standards Act of 1938 and the Option is intended to
comply with the Worker Economic Opportunity Act, Optionee may not exercise any
Option prior to the date that is six (6) months after the Grant Date unless
Optionee has incurred a Termination of Employment due to death or Disability or
following attainment of age 65 or unless a Corporate Reorganization or Change in
Control has occurred after the Grant Date.

         Notwithstanding the foregoing, the Option shall become fully vested and
exercisable, to the extent not already fully vested and exercisable, as of the
effective date of a Corporate Reorganization or Change in Control, provided that
the Optionee has not experienced a Termination of Employment prior to such date
(other than a Termination of Employment that occurs within the 10 day period
prior to consummation of such transaction on account of such transaction, as
determined by the Committee in its discretion), unless in connection with the
Corporate Reorganization or Change in Control the surviving entity or an
affiliate assumes the Option or replaces the Option with an option of equivalent
value and with comparable terms. In the event of a Corporate Reorganization or
Change in Control in which the Option is not so assumed or replaced, the Company
shall send the Optionee prior written notice of the effectiveness of such event
and the last day on which the Optionee may exercise the Option. On or prior to
the last day specified in such notice, the Optionee may, upon compliance with
the terms of this Agreement, exercise the Option with respect to any or all of
the Shares, conditioned upon and subject to completion of the Corporate
Reorganization or Change in Control. To the extent the Option is not so

                                       3
<PAGE>

exercised, it shall terminate at 5:00 P.M., eastern standard time, on the last
day specified in such notice, conditioned upon and subject to the completion of
the Change in Control or Corporate Reorganization. If the surviving entity in
such Corporate Reorganization or Change in Control assumes or replaces the
Option as described above, the proceeding provisions of this paragraph shall not
apply; however, if there is an Involuntary Termination of Optionee within the
twelve (12) month period following the effective date of such Corporate
Reorganization or Change in Control, the Option shall vest and become
exercisable, to the extent not already vested and exercisable, on the date of
such termination.

         4. Termination of Option. The Option shall remain exercisable as
specified in section 3 above until the earliest to occur of the dates specified
below, upon which date the Option shall terminate:

            (a) the date all of the Shares are purchased pursuant to the terms
of this Agreement;

            (b) upon the expiration of three (3) months following the
Termination of Employment of the Optionee for any reason other than Cause, death
or disability as determined by the Committee in its discretion;

            (c) immediately upon the Termination of Employment of the Optionee
by the Company for Cause;

            (d) upon the expiration of one (1) year following the date of the
Optionee's Termination of Employment as a result of death or disability as
determined by the Committee in its discretion;

            (e) upon the expiration of one (1) year following the date of the
Optionee's death, if death shall have occurred following the Optionee's
Termination of Employment and while the Option was still exercisable;

            (f) the ten (10) year anniversary of the Grant Date at 5:00 p.m.,
eastern standard time.

Upon its termination, the Option shall have no further force or effect and the
Optionee shall have no further rights under the Option or to any portion of the
Shares that have not been purchased pursuant to prior exercise of the Option.

         5. Exercise of Option.

            (a) The Option may be exercised only by (i) the Optionee's
completion, execution and delivery to the Company of a notice of exercise and,
if required by the Company, an "investment letter" as supplied by the Company
confirming the Optionee's representations and warranties in section 16 of this
Agreement, including the representation that the Optionee is acquiring the
Shares for investment only and not with a view to the resale or other
distribution thereof, and (ii) the payment to the Company, pursuant to the terms
of this Agreement, of an amount equal to the Purchase Price multiplied by the
number of Shares being purchased as specified in the Optionee's notice of
exercise. The Optionee's right to exercise the Option shall be conditioned upon
and subject to satisfaction, in a manner acceptable to the Company, of any
withholding liability under any state or federal law arising in connection with
exercise of the Option. The Optionee must provide notice of exercise of the
Option with respect to no fewer than 100 Shares (or any lesser number of Shares
with respect to which the Option is vested and exercisable). The Optionee's
notice of exercise shall be given in the manner specified in section 23, but any
exercise of the Option shall be effective only when the items required by the

                                       4
<PAGE>

preceding sentence are actually received by the Company. The notice of exercise
and the "investment letter" may be in the form set forth in Exhibit A attached
to this Agreement.

         Payment of the aggregate exercise price may be made in cash or by check
payable to the order of the Company for an amount in U.S. dollars equal to the
option price of such shares. Payment may also be made by delivery of shares of
Stock held by the Optionee for the requisite period necessary to avoid a charge
to the Company's earnings for financial reporting purposes, as determined by the
Committee in its discretion, and having an aggregate Fair Market Value equal to
the amount of cash that would otherwise be required to pay the full option
price, or by authorizing a third party to sell a portion of the shares acquired
upon exercise of the Option and remit to the Company a sufficient portion of the
sales proceeds to pay the full option price. Payment may also be made by
combining the above methods. To the extent that shares are used in making full
or partial payment of the option price, each such share will be valued at the
Fair Market Value thereof as of the date of exercise. Any overpayment will be
promptly refunded, and any underpayment will be deemed an exercise of such
lesser whole number of shares as the amount paid is sufficient to purchase.

            (b) As soon as practicable following receipt of such notice and
payment, the Company shall notify the Optionee of any payment or other
allocation required under subsection (c) below. The Company shall deliver a
certificate or certificates for the shares to the Optionee as soon as
practicable after the Optionee has made any payment and/or allocation required
under subsection (c) below and executed and delivered any letter agreement as
may be required under subsection (a) above. Notwithstanding anything to the
contrary in this Agreement, the Option may be exercised only if compliance with
all applicable federal and state securities laws can be effected, as determined
by the Committee in its discretion.

            (c) Issuance of shares upon exercise of the Option shall be subject
to the condition that the Optionee shall pay to the Company, in addition to the
option price of the shares purchased, the amount the Company is required by law
or regulation of any governmental authority, whether federal, state or local,
domestic or foreign, to withhold in connection with such exercise of the Option,
if any, as determined by the Committee in its discretion. In lieu of the payment
specified in this paragraph, the Committee may in its sole discretion permit the
Optionee to satisfy the obligation, in whole or in part, by the methods
specified in the subsection (a) above.

         6. Restrictions on Transfer.

            (a) Except as provided in subsections (b), (c), (d) and (e) below,
the Option and Shares acquired pursuant to exercise of the Option shall not be
sold, exchanged, delivered, assigned, bequeathed or gifted, pledged, mortgaged,
hypothecated or otherwise encumbered, transferred or permitted to be
transferred, or otherwise disposed of, whether voluntarily, involuntarily or by
operation of law (including, without limitation, the laws of bankruptcy,
intestacy, descent and distribution or succession) or on an absolute or
contingent basis. For this purpose, any reference to Optionee shall (when
applicable) be deemed to be and include references to Optionee's estate,
executors or administrators, personal or legal representatives and transferees
(direct or indirect).

            (b) The Optionee shall be entitled to transfer the Option, by gift,
to his or her immediate family or to a trust which has as its only beneficiaries
those individuals who are members of the Optionee's immediate family, or to a
partnership or similar entity which has as its only partners or members those
individuals who are members of the Optionee's immediate family. In such case,
the Option shall be exercisable only by such transferee. For this purpose, the
Optionee's "immediate family" is the Optionee and the Optionee's spouse,
children and/or grandchildren. As a condition precedent to such transfer, each
and every prospective transferee shall (i) provide or cause to be provided to
the

                                       5
<PAGE>

Company, at its request, sufficient evidence of the legal right and authority of
such prospective transferee to have the Option so transferred and (ii) comply
with the provisions of subsection (g) below.

            (c) In the event of Optionee's death, the Option and/or any Shares
may be transferred to any executor, administrator, personal or legal
representative, legatee, heir or distributee of the estate of Optionee. As a
condition precedent to such transfer, each and every prospective transferee
shall (i) provide or cause to be provided to the Company, at its request,
sufficient evidence of the legal right and authority of such prospective
transferee to have the Option and/or Shares so transferred and (ii) comply with
the provisions of subsection (f) below.

            (d) In the event of the Termination of Employment of Optionee, the
Company shall have the right (but shall not be obligated) to repurchase any or
all of the Shares acquired by exercise of the Option. The Company may exercise
this right during the ninety (90) day period following the later of the date of
such Termination of Employment or the date that is six (6) months after the date
on which the Shares were issued to Optionee. The Company shall exercise this
right by providing written notice to the Optionee that specifies the time and
date on which settlement of the repurchase of such Shares by the Company is to
be made and the number of Shares to be so repurchased by the Company. The date
specified shall not be later than sixty (60) days after the date such notice is
given. Settlement shall be held on the repurchase of Shares under this section
6(d) at the principal executive offices of the Company or at such other place as
the Company shall notify Optionee. At settlement, Optionee shall deliver to the
Company the required materials described below and, simultaneously therewith,
the Company shall deliver to Optionee a good check in the amount of the purchase
price of the Shares repurchased by the Company pursuant to this section 6(d).
The per share purchase price of the Shares repurchased and sold pursuant to this
section 6(d) shall be as follows:

                (i) If the Termination of Employment giving rise to the purchase
by the Company under this section 6(d) was other than for Cause, as determined
by the Committee in its discretion, then the per share purchase price under this
section 6(d) shall be the Fair Market Value of the Shares so repurchased as
determined in good faith by the Committee in its discretion.

                (ii) If the Termination of Employment giving rise to the
purchase by the Company under this section 6(d) was for Cause, as determined by
the Committee in its discretion, then the per share purchase price under this
section 6(d) shall be equal to the Purchase Price.

         Upon the closing of any repurchase by the Company of any Shares
pursuant to this section 6(d), Optionee shall deliver to the Company the
certificate or certificates representing the Shares being sold, free and clear
of all options, contracts, commitments, liens, pledges, security interests and
other encumbrances, duly endorsed for transfer, and such assignments and other
documents and instruments evidencing the title of Optionee and of Optionee's
compliance with this Agreement as may be reasonably required by the Company or
by counsel for the Company. Upon the closing of such repurchase, Optionee shall
be deemed to have represented and warranted to the Company (and, if requested by
the Company, shall then represent and warrant in writing) that Optionee owns the
Shares being purchased, free and clear of all options, contracts, commitments,
liens, pledges, security interests and other encumbrances. Optionee agrees to
indemnify the Company against any and all losses, damages, liabilities, claims,
actions, proceedings, judgments, costs and expenses (including reasonable
attorneys' fees) arising out of any breach of such representation and warranty.

            (e) Shares acquired pursuant to exercise of the Option may be
transferred pursuant to a Change in Control or Corporate Reorganization.

                                       6
<PAGE>

            (f) The restrictions specified in subsection (a) above with respect
to the Shares (but not the Option) shall terminate upon consummation of a Public
Offering.

            (g) In the event that, at any time or from time to time, the Option
and/or any Shares are transferred to any party (other than the Company) pursuant
to the provisions hereof, the transferee shall take the Option and/or such
Shares pursuant to all of the provisions, conditions and obligations of the Plan
and this Agreement (including, without limitation, the obligations to sell and
transfer, and to offer to sell and transfer, such Shares pursuant to the
provisions of this section 6), and, as a condition precedent to the transfer of
the Option and/or such Shares, the transferee shall agree in writing, for and on
behalf of such transferee and such transferee's successors and assigns, to be
bound by all provisions of the Plan and this Agreement.

         7. Additional Restrictions.

            (a) The Company may impose stop-transfer instructions with respect
to any shares (or other securities) subject to any restriction set forth in this
Agreement until the restriction has been satisfied or terminates.

            (b) Optionee agrees that Optionee will not distribute or resell any
shares (or other securities) issuable upon exercise of the Option granted hereby
in violation of the Securities Act, that Optionee will indemnify and hold the
Company harmless against all liability for any such violation, and that upon
request Optionee (i) will furnish a letter agreement in connection with any
exercise of this Option containing any representations and/or undertakings which
the Company shall request and (ii) will accept a certificate representing shares
of the Company bearing any legend restricting transferability as the Company
shall request to ensure compliance with securities laws. The shares shall not be
transferable except in compliance with the conditions indicated in the legend.

            (c) The Shares shall be subject to the Market Stand-Off set forth in
Section 3.16 of the Plan.

         8. Sale or Other Disposition by Majority Interest. Optionee hereby
irrevocably appoints the Company and its President, or either of them, as
Optionee's agents and attorneys-in-fact, with full power of substitution for and
in Optionee's name, to sell, exchange, transfer or otherwise dispose of all or a
portion of Optionee's Shares and to do any and all things and to execute any and
all documents and instruments in connection therewith, such powers of attorney
to become operable only in connection with a Corporate Reorganization or Change
in Control. Any sale, exchange, transfer or other disposition of all or a
portion of Optionee's Shares pursuant to the foregoing powers of attorney shall
be made upon substantially the same terms and conditions (including sale price
per share) applicable to a sale, exchange, transfer or other disposition of
shares of Stock owned by the holder or holders of a majority in percentage of
the outstanding shares of Stock. For purposes of determining the sale price of
the Shares under this section 8, there shall be excluded the consideration (if
any) paid or payable to the holder or holders of a majority in percentage of the
outstanding shares of Stock in connection with any employment, consulting,
noncompetition or similar agreements which such holder or holders may enter into
in connection with or subsequent to such sale, transfer, exchange or other
disposition. The foregoing power of attorney shall not impose or be deemed to
impose any fiduciary duty or any other duty (except as set forth in this section
8) or obligation on either the Company or its President, shall be irrevocable
and coupled with an interest and shall not terminate by operation of law,
whether by the death, bankruptcy or adjudication of incompetence or insanity of
Optionee or the occurrence of any other event.

                                       7
<PAGE>

         9. Engagement of Optionee. Nothing in this Agreement shall be construed
as constituting a commitment, guarantee, agreement or understanding of any kind
or nature that the Company shall continue to employ Optionee, nor shall this
Agreement affect in any way the right of the Company to terminate the employment
of Optionee at any time and for any reason. By Optionee's execution of this
Agreement, Optionee acknowledges and agrees that Optionee's employment is "at
will." No change of Optionee's duties as an employee of the Company shall result
in, or be deemed to be, a modification of any of the terms of this Agreement.

         10. Burden and Benefit; Company. This Agreement shall be binding upon,
and shall inure to the benefit of, the Company and Optionee, and their
respective heirs, personal and legal representatives, successors and permitted
assigns. As used in this section 10, the term the "Company" shall also include
any business entity which is an affiliate of the Company by virtue of common
(although not identical) ownership, and for which Optionee is providing services
in any form during Optionee's employment with the Company or any such other
business entity. Optionee hereby consents to the enforcement of any and all of
the provisions of this Agreement by or for the benefit of the Company and any
such other business entity.

         11. Optionee Not A Shareholder. Optionee shall not be deemed for any
purpose to be a shareholder of the Company with respect to any Shares as to
which this option shall not have been exercised and payment made as hereby
provided and a stock certificate for such shares actually issued to Optionee. No
adjustment will be made for dividends or other rights for which the record date
is prior to the date of such issuance.

         12. Deferral of Issuance of Shares. Anything in this Agreement to the
contrary notwithstanding, if, at any time specified herein for the issue of
shares to Optionee, any law, or any regulation or requirement of the Securities
and Exchange Commission or other governmental authority having jurisdiction in
the premises shall require either the Company or Optionee to take any action in
connection with the shares then to be issued, the issue of such shares shall be
deferred until such action shall have been taken; the Company shall be under no
obligation to take such action; and the Company shall have no liability
whatsoever as a result of the non-issuance of such shares, except to refund to
Optionee any consideration tendered in respect of the exercise price.

         13. Issuance of Shares. Shares of Stock issued pursuant to the exercise
of this option will be issued only in the name of Optionee and may not be
transferred into the name of any agent of or nominee for Optionee until such
time as Optionee has complied with the terms of this Agreement.

         14. Terms and Conditions of Plan. The terms and conditions of the Plan,
the receipt of a copy of which Optionee hereby acknowledges by execution of this
Agreement, are incorporated by reference herein, and to the extent that any
conflict may exist between any term or provision of this Agreement and any term
or provision of the Plan, such term or provision of the Plan shall control.

         15. Governing Law. This Agreement shall be construed and enforced in
accordance with the laws of the State of North Carolina, without reference to
its conflicts of laws rules.

         16. Covenants and Representations of Optionee. Optionee represents,
warrants, covenants and agrees with the Company as follows:

             (a) The Option is being received for Optionee's own account without
the participation of any other person, with the intent of holding the Option and
the Shares issuable pursuant thereto for investment and without the intent of
participating, directly or indirectly, in a distribution of

                                       8
<PAGE>

the Shares and not with a view to, or for resale in connection with, any
distribution of the Shares or any portion thereof.

             (b) Optionee is not acquiring the Option or any Shares based upon
any representation, oral or written, by any person with respect to the future
value of, or income from, the Shares, but rather upon an independent examination
and judgment as to the prospects of the Company.

             (c) Optionee has had the opportunity to ask questions of and
receive answers from the Company and its executive officers and to obtain all
information necessary for Optionee to make an informed decision with respect to
the investment in the Company represented by the Option and any Shares issued
upon its exercise.

             (d) Optionee is able to bear the economic risk of any investment in
the Shares, including the risk of a complete loss of the investment, and
Optionee acknowledges that Optionee must continue to bear the economic risk of
any investment in Shares received upon exercise of the Option for an indefinite
period.

             (e) Optionee understands and agrees that the Shares subject to the
Option may be issued and sold to Optionee without registration under any state
or federal laws relating to the registration of securities and in that event
will be issued and sold in reliance on exemptions from registration under
appropriate state and federal laws.

             (f) Shares issued to Optionee upon exercise of the Option will not
be offered for sale, sold or transferred by Optionee other than pursuant to: (i)
an effective registration under applicable state securities laws or in a
transaction which is otherwise in compliance with those laws; (ii) an effective
registration under the Securities Act, or a transaction otherwise in compliance
with the Securities Act; and (iii) evidence satisfactory to the Company of
compliance with all applicable state and federal securities laws. The Company
shall be entitled to rely upon an opinion of counsel satisfactory to it with
respect to compliance with the foregoing laws.

             (g) The Company will be under no obligation to register the Shares
issuable pursuant to the Option or to comply with any exemption available for
sale of the Shares by Optionee without registration, and the Company is under no
obligation to act in any manner so as to make Rule 144 promulgated under the
Securities Act available with respect to any sale of the Shares by Optionee.

             (h) Optionee has not relied upon the Company with respect to any
tax consequences related to the grant or exercise of this Option, or the
disposition of Shares purchased pursuant to its exercise. Optionee acknowledges
that, as a result of the grant and/or exercise of the Option, Optionee may incur
a substantial tax liability. Optionee assumes full responsibility for all such
consequences and the filing of all tax returns and elections Optionee may be
required or find desirable to file in connection therewith. In the event any
valuation of the Option or Shares purchased pursuant to its exercise must be
made under federal or state tax laws and such valuation affects any return or
election of the Company, Optionee agrees that the Company may determine such
value and that Optionee will observe any determination so made by the Company in
all returns and elections filed by Optionee. In the event the Company is
required by applicable law to collect any withholding, payroll or similar taxes
by reason of the grant or any exercise of the Option, Optionee agrees that the
Company may withhold such taxes from any monetary amounts otherwise payable by
the Company to Optionee and that, if such amounts are insufficient to cover the
taxes required to be collected by the Company, Optionee will pay to the Company
such additional amounts as are required.

                                       9
<PAGE>

             (i) The agreements, representations, warranties and covenants made
by Optionee herein with respect to the Option shall also extend to and apply to
all of the Shares issued to Optionee from time to time pursuant to exercise of
the Option. Acceptance by Optionee of any certificate representing Shares shall
constitute a confirmation by Optionee that all such agreements, representations,
warranties and covenants made herein shall be true and correct at that time.

         17. Administrative Costs. All costs and expenses in connection with the
administration of this Agreement shall be borne by the Company.

         18. Limitation of Liability. The liability of the Company, the
Committee, and their officers, employees and agents, under this Agreement and in
the award of the Shares hereunder is limited to the obligations set forth with
respect to such award, and nothing herein contained shall be interpreted as
imposing any liability in favor of the Optionee with respect to any loss, cost
or expense which such recipient may incur in connection with or arising out of
any transaction involving the Shares that is subject to the provisions of this
Agreement.

         19. Unsecured and Unfunded Agreement. Any rights of the Optionee
hereunder shall be no greater than the right of an unsecured general creditor of
the Company. Any payments to be made hereunder shall be paid from the general
funds of the Company, and no special or separate fund shall be established and
no segregation of assets shall be made to assure payment of such amounts.

         20. Integration. The parties hereto agree that this Agreement sets
forth all of the promises, agreements, conditions, understandings, warranties,
and representations between the parties with respect to the Shares and that
there are no promises, agreements, conditions, understandings, warranties, or
representations, oral or written, express or implied between the parties with
respect to the Shares other than as set forth in this Agreement. Any
modifications or any waiver of any provision contained in this Agreement shall
not be valid unless made in writing and signed by the person or persons sought
to be bound by such waiver or modifications.

         21. Severability. The provisions of the Agreement are severable and if
any one or more provisions are determined to be illegal or otherwise
unenforceable, in whole or in part, the remaining provisions, and any partially
unenforceable provision to the extent enforceable in any jurisdiction, shall
nevertheless be binding and enforceable.

         22. Waiver. The waiver by the Company of a breach of any provision of
this Agreement by the Optionee shall not operate or be construed as a waiver of
any subsequent breach by the Optionee.

         23. Notices. Any notice which either party hereto may be required or
permitted to give to the other shall be in writing, and may be delivered
personally or by mail, postage prepaid, addressed as follows: to the Secretary
of the Company at 14045 Ballantyne Corporate Place, Suite 101, Charlotte, North
Carolina 28277 or at such other address as the Company, by notice to the
Optionee, may designate in writing from time to time; to Optionee at Optionee's
address as shown on the records of the Company, or at such other address as
Optionee, by notice to the Company, may designate in writing from time to time.

                           [EXECUTION PAGE TO FOLLOW]

                                       10
<PAGE>

         IN WITNESS WHEREOF, the Corporation and Optionee have executed this
Agreement as of the day and year first above written.

                                      YOUCENTRIC, INC.

                                      By:
                                         ---------------------------------------
                                      Name:
                                           -------------------------------------
                                      Title:
                                            ------------------------------------

                                      OPTIONEE

                                      ------------------------------------------

                                       11
<PAGE>

                                    EXHIBIT A

Attention:  Chief Executive Officer
YOUcentric, Inc.
14045 Ballantyne Corporate Place
Suite 101
Charlotte, North Carolina 28277

         Re:    Exercise of Nonqualified Stock Option

Dear Sir:

         Pursuant to the terms and conditions of the YOUcentric, Inc.
Nonqualified Stock Option Agreement dated [date] (the "Agreement"), I hereby
provide notice of my desire to exercise the option evidenced by the Agreement
(the "Option") and thereby purchase [number of shares] shares of the common
stock [must be at least 100 Shares or any smaller number of Shares as to which
the Option is vested and exercisable] of YOUcentric, Inc. and hereby tender
payment in full for such shares in accordance with the terms of the Agreement.

         I hereby reaffirm that the representations and warranties made in
section 16 of the Agreement are true and correct as of the date of exercising
this option.

                                             Very truly yours,

                                             -----------------------------------

                                       12EXHIBIT 10.2

                             JOINT VENTURE AGREEMENT

                                     BETWEEN

                            KING INTERNATIONAL, INC.

                                       AND

                         DELTA-OMEGA TECHNOLOGIES, LTD.

                                       FOR

                          CHEMICALS & SERVICES PROJECTS

<PAGE>

                                TABLE OF CONTENTS

ARTICLE 1        DEFINITIONS
ARTICLE 2        ASSOCIATION OF THE PARTIES
ARTICLE 3        TERM OF THE JOINT VENTURE
ARTICLE 4        PREPARATION AND SUBMITTAL OF THE PROPOSAL
ARTICLE 5        ORGANIZATION OF THE JOINT VENTURE
ARTICLE 6        INTERESTS, RIGHTS, AND RESPONSIBILITIES
ARTICLE 7        COMPENSATION AND PAYMENT
ARTICLE 8        FURNISHING OF MATERIALS AND EQUIPMENT
ARTICLE 9        BONDS, GUARANTEES, AND INSURANCE
ARTICLE 10       LIABILITIES AND INDEMNITIES
ARTICLE 11       CONSEQUENTIAL DAMAGES
ARTICLE 12       WORKING CAPITAL
ARTICLE 13       BANK ACCOUNTS OF THE JOINT VENTURE
ARTICLE 14       ACCOUNTING AND AUDITING
ARTICLE 15       DEFAULT
ARTICLE 16       BANKRUPTCY OF A PARTY
ARTICLE 17       DISTRIBUTIONS
ARTICLE 18       CONFIDENTIAL INFORMATION
ARTICLE 19       RIGHTS IN INFORMATION
ARTICLE 20       TAXES
ARTICLE 21       SUCCESSORS AND ASSIGNS
ARTICLE 22       GOVERNING LAW
ARTICLE 23       DISPUTE RESOLUTION
ARTICLE 24       SEVERABILITY
ARTICLE 25       NON-WAIVER
ARTICLE 26       NOTICES
ARTICLE 27       ENTIRE AGREEMENT

                                       2
<PAGE>

                             JOINT VENTURE AGREEMENT

This Joint Venture Agreement is entered into effective March 27, 2001 by and
between King International, Inc., a company organized under the laws of the
State of Delaware, with offices at 8300 Bissonnet, Suite 460, Houston, Texas
77074 ("KII") and Delta-Omega Technologies, Ltd., a company organized under the
laws of the State of Colorado, with offices at 119 Ida Road, Broussard,
Louisiana 70518 ("DOT"). KII and DOT are referred to herein as "Party" or
jointly as the "Parties".

WHEREAS, the Parties intend to develop worldwide markets and clients
specifically for Projects that include supply of specialty chemicals and
management services; and

WHEREAS, the Parties recognize that DOT possesses management and technical
expertise in the supply of specialty chemicals and KII possesses design
engineering and project management services which, may meet the needs of Clients
on their Projects; and,

WHEREAS, the Parties desire to form a Joint Venture to prepare proposals
specifically for the furnishing of chemicals and services for the Projects and
upon award of contracts to the Parties, to execute the Projects; and

WHEREAS, the Parties desire to state the mutual rights and obligations of the
Parties with respect to said JV and the Projects;

NOW THEREFORE, in consideration of the mutual covenants made herein, the Parties
agree as follows:

ARTICLE 1 - DEFINITIONS
-----------------------

1.1  The following terms shall, unless the context otherwise requires, have the
     meanings designated:

     (a)  "Agreement" means this document.

     (b)  "JV" means the Joint Venture formed in accordance with this Agreement,
          consisting of KII AND DOT, which shall be known as King-Delta
          Technologies, Inc. ("KDT").

     (c)  "Clients" means individuals, organizations, governments, or companies
          worldwide that are interested in KDT chemicals and services on their
          Projects.

     (d)  "Projects" means any facilities worldwide planned by KDT Clients that
          involve the supply of specialty chemicals and management services.
          This includes but is not limited to the following applications:

               o    Oily residues
               o    Hydrocarbon spill response
               o    Hydrocarbon handling improvements
               o    Soil remediation
               o    Oil field cleaning and degreasing
               o    Routine cleaning
               o    Fire fighting
               o    Spent edible oils

                                       3
<PAGE>

     (e)  "Contracts" means the Contracts to be entered into and between the
          Clients and KDT or, with KDT's approval, any of KII's or DOT's
          affiliates or subsidiaries or independent representative companies,
          for completion of the Projects.

     (f)  "Proposals" means the proposals to be submitted by KDT, or its
          representatives, to Clients to secure the awards of Contracts for the
          Projects.

     (g)  "Work" means all work, including supply of chemicals and services that
          is needed in order to fulfill the requirements of the Contracts.

     (h)  "Executive Panel" means the Executive Panel formed pursuant to Article
          23 hereof having the powers and duties as provided therein.

     (i)  "Management Committee" means the Management Committee formed pursuant
          to Article 5 hereof having the powers and duties as provided therein.

     (j)  "Project Manager" means the person appointed by the Management
          Committee pursuant to Article 5 herein.

1.2  Terms importing the singular include the plural and vice versa where the
     context requires.

1.3  The headings used in this Agreement are included for ease of reference only
     and shall not affect the construction or interpretation hereof.

ARTICLE 2 - ASSOCIATION OF THE PARTIES
--------------------------------------

2.1  The Parties hereby associate themselves as JV partners and constitute
     between themselves a JV for the purpose of submitting Proposals for
     Projects, and if Contracts for the Project are awarded to the JV, entering
     into the Contracts and performing the obligations contained therein.
     Nothing contained in this Agreement shall create or be interpreted or
     construed to limit the Parties respective rights to carry on their
     individual businesses for their own benefit, including the performance of
     other work for the Clients.

2.2  It is understood and agreed between the Parties that this Agreement extends
     only to the submittal of Proposals and fulfillment of the Work by the
     Parties, or their designated representatives, on Contracts.

2.3  The Proposals shall be submitted, and the Contracts, if awarded to the
     Parties, shall be entered into in the name(s) set forth in paragraph 1.1(e)
     above. All money, equipment, materials, supplies and other property,
     acquired by the JV, shall be held jointly by the Parties in such name(s).
     Except as specifically provided elsewhere herein, the obligations of the
     Parties under the Proposals and the Contracts shall be joint and several.

                                       4
<PAGE>

2.4  The Parties affirm and agree that they will pursue the Contracts and
     participate in the preparation of the Proposals exclusively with each
     other; provided however that not withstanding the foregoing, each party may
     exercise its rights and perform its responsibilities under current
     contracts and contracts being negotiated. Each Party hereby agrees that it
     will not submit competitive proposals or otherwise seek the award of the
     Contracts either alone or with third parties without the express written
     consent of the other Party.

2.5  The Parties will perform Work as an integrated team in accordance with a
     mutually agreed Project execution plan, which may be modified as approved
     by the Management Committee. During the execution of the Project, each
     Party shall adhere to and abide by the terms and conditions of the
     Contract.

2.6  No Party shall have the authority or right to borrow money on behalf of or
     in the name of the JV or the other Party, nor shall any Party pledge the
     credit, assets or receivables of the JV or the other Party, nor shall any
     Party assume, create or undertake any obligation of any kind, either
     expressed or implied, on behalf of or in the name of the JV or the other
     Party without the express, prior written consent of all Parties or, where
     applicable, third parties.

2.7  The Parties, at a later date, may mutually agree to incorporate KDT. The
     Parties also agree to capitalize on the existing affiliations and clients
     of each Party to the benefit of the JV.

ARTICLE 3 - TERM OF THE JV
--------------------------

This Agreement shall automatically terminate and become null and void two
calendar years after its effective date. But this Agreement will be renewable
yearly upon written agreement of the Parties. Additionally this Agreement shall
be null and void upon 90 day written notice by either Party to the other Party.
This Agreement will also not be valid for any specific Proposal or Contract
should the Parties fail to agree on the terms of that specific Proposal or
Contract as provided in Article 4, or if that specific Proposal is rejected by
the Client, or is not accepted by the Client within the time specified or any
agreed extension thereof, or if the Project is cancelled or awarded to a third
party. However, not withstanding the foregoing, KDT's obligations on projects
that are not yet complete will continue in effect until completion. At the end
of all such obligations, any assets remaining in KDT will be distributed in
accordance with the ownership of KDT defined in Article 6.1 herein.

ARTICLE 4 - PREPARATION AND SUBMITTAL OF THE PROPOSALS
------------------------------------------------------

4.1  The Parties agree to work together in good faith to prepare Proposals,
     which are acceptable to the Parties. The Proposals shall be submitted only
     with the written approval of all Parties. If the Parties cannot in good
     faith reach agreement on the terms of any specific Proposal, that Proposal
     shall not be submitted by the JV. In such event, either Party may submit a
     proposal for the Work either alone or, in combination with another party.
     Failure to agree on the terms of the Proposal shall not be subject to
     arbitration or litigation.

                                       5
<PAGE>

4.2  The Parties will jointly define and price the scope of Work, and each Party
     will freely share all information pertinent to the preparation of the
     Proposals with the other Parties. The Parties will jointly develop and
     agree upon risk factors, contingencies and profit for the entire Projects,
     in order to define the commercial basis of the Proposals. All Proposals
     shall build into the pricing the cost of submitting the proposals and
     provide for profit margins acceptable to the parties. No proposal shall be
     submitted that cannot substantially ensure that it can be profitable.

4.3  After the submission of the Proposals to the Clients, no Party shall vary
     or seek to vary the same without the written consent of the other Parties.

4.4  If any Client accepts the JV's Proposal and awards the Work to the JV, the
     Parties shall be obligated to enter into good faith contract negotiations
     with the Client. The Management Committee shall designate a contract
     negotiating team to represent the Parties in negotiations with the Client.
     If the Parties are unable in good faith to agree on the terms and
     conditions of any specific Contract with a Client, any Party may enter into
     contract negotiations with the Client, either alone, in combination with
     another party. Failure to agree on the terms of the Contract shall not be
     subject to arbitration or litigation.

4.5  If a Contract is awarded to the JV, the Parties agree that, either together
     or through one Party, or through third parties, appropriate corporate
     guarantees will be furnished for the performance of the Contract, if
     requested by the Client. If a Contract is awarded to the JV, the Parties
     agree to furnish or have a third party furnish appropriate corporate
     guarantees for the performance of the Contract, if requested by the Client.

4.6  Each Party shall individually bear all costs it may incur in preparing the
     Proposals and securing the award of the Contracts. No reimbursement of any
     such Proposals and pre-award costs will be made to any Party by the other
     Party or by the JV unless an award is made and as expressly agreed in
     writing and signed by an authorized representative of each Party. The
     Management Committee may, at a later date, fund the on-going business
     development costs of the JV with the agreement of the Parties.

ARTICLE 5 - ORGANIZATION OF JV
------------------------------

5.1  The management of the JV shall be conducted pursuant to policies
     established by the Parties acting through a Management Committee. The
     Management Committee will be comprised of two representatives from each
     Party and will be chaired on a yearly rotational basis between a KII and
     DOT representative starting with Oscar Ruiz C. ("Chairman"). Each Party
     hereby designates the following representatives to serve on the Management
     Committee:

                 Party                     Representative
                 -----                     --------------
                 KII                       Oscar Ruiz C.
                                           Robert J. Hesse
                 DOT                       James V. Janes III
                                           Larry G. Schafran

5.2  Each Party may, at any time, substitute a temporary or permanent alternate
     representative in place of its above-named representative by serving
     written notice to the other Parties. Each Party's representative or
     alternate representative on the Management Committee is hereby granted and
     shall hereafter possess full power and authority to act for and on behalf
     of the Party he or she represents.

                                       6
<PAGE>

5.3  The members of the Management Committee will not be reimbursed by the JV
     for their salaries or expenses. No representative to the Management
     Committee shall be individually liable to the JV or to any of the Parties
     except in the case of gross negligence or intentional misconduct.

5.4  The Management Committee will prepare a business plan, which will include
     but not be limited to sales, marketing, and financial plans for the JV. It
     will also prepare a master plan for prioritizing the various phases of
     implementation of the business plan and of KDT. The Management Committee
     will establish the procedures for efficiently and effectively evaluating
     prospective Clients and Projects for pursuit of possible Proposals and
     Contracts.

5.5  The frequency, time and location of meetings shall be as agreed by the
     members of the Management Committee from time to time. Meetings of the
     Management Committee shall not be held unless each Party is represented;
     however, if a Party's representatives are not available, he meeting shall
     stand adjourned until the following business day at the same time and
     place. In the event the unavailable representative is still unable to
     attend such rescheduled meeting, it shall again be rescheduled to the next
     business day at the same time and place, at which time the meeting shall
     proceed regardless of the unavailability of a representative. Meetings of
     the Management Committee may be held by telephone conference call.

5.6  Each representative on the management committee shall have one vote on
     matters coming before the Management Committee. It is the intent of the
     Parties that all actions of the Management Committee be the result of
     unanimous agreement of the Parties' representatives. However, if the
     representatives do not reach unanimous agreement on an issue requiring
     action, the Chairman shall have the responsibility and authority to resolve
     the matter. In such event, any Party's representative may object to such
     resolution by submitting the issue to the Executive Panel as provided in
     Article 23 of this Agreement.

5.7  At the beginning of each meeting, the Chairman will appoint one of the
     members to take down the minutes of the meeting. The proposed minutes will
     be distributed to the members of the Management Committee as quickly as
     reasonably possible, but in no event less than one week prior to the next
     meeting. The minutes will then be discussed and approved with any changes
     at the next meeting.

5.8  Project Managers shall be appointed by the Management Committee, and shall
     be charged with the overall responsibility to direct the JV's performance
     of the Contracts. The Project Managers shall manage and coordinate the
     execution of the Work and make all day-to-day operational decisions
     concerning the performance of the Contract in accordance with the
     principles, rules, policies and decisions of the Management Committee. The
     Management Committee may, in writing, delegate such of its responsibilities
     and duties, as it deems appropriate, to the Project Manager.

                                       7
<PAGE>

5.9  All correspondence between the JV and the Clients and other parties
     concerning the Projects shall be through or by the Project Managers, unless
     otherwise directed by the Management Committee.

5.10 The Project Managers shall submit written or oral reports to the Management
     Committee at such times and such reports will contain such information as
     may be requested by the Management Committee.

5.11 The JV shall have no employees, although personnel assigned to the Projects
     shall be under the general direction of the Project Managers. All personnel
     assigned to the Projects shall remain on the payrolls of the Parties. Each
     party is acting in the capacity as an independent contractor of the JV and
     employees of one Party shall not be considered employees of the other party
     or of the JV under any circumstances. Each party shall be responsible for
     payment of worker's compensation disability benefits, unemployment
     insurance, and withholding and/or paying employment related taxes for its
     employees. The Parties shall not give any direction to or take any other
     action to divert such assigned personnel from their responsibilities as
     assigned by the Project Managers. Each Party will provide sufficient
     numbers of qualified personnel to properly carry out its portion of the
     Work. In no event shall a Party withdraw any key personnel assigned to the
     Projects without the approval of the Management Committee. The scope of
     Work for which each Party shall be responsible on Projects is generally
     described as follows. The Parties agree that the below split of
     responsibilities is general in nature, and that a detailed split of
     responsibilities will be defined by the Management Committee for each
     Project.

     DOT                                        KII
     ---                                        ---
     Chemicals Supply                           Services Supply
     Process Design Basis                       Basic Engineering
     Chemicals Procedures                       Detailed Engineering Mgmt.
     Chemical Equipment Specifications          Equipment Procurement Mgmt.
     Chemicals Delivery/Commissioning           Construction Mgmt.
     Chemicals Start-up Assistance              Plant Start-up/Operation
     Chemicals Specialist                       Project Management Team
     Chemical Sales Coordination                Project Sales Coordination
     Domestic Sales Coordination                International Sales Coordination

ARTICLE 6 - INTERESTS, RIGHTS, AND RESPONSIBILITIES
---------------------------------------------------

6.1  Except as otherwise specifically provided elsewhere herein, the interests
     of the Parties in the profits derived from the performance of the
     Contracts, and in any property and other assets acquired by the JV in
     connection with the Work, and in any losses and/or liabilities incurred in
     the performance of the Contract, shall be allocated as follows. The
     interest in the JV represented by each percentage figure below shall be
     referred to hereinafter as the Party's "Participating Interest".

                    PARTY                     PERCENT
                    -----                     -------
                    KII                       50%
                    DOT                       50%

                                       8
<PAGE>

6.2  The Parties agree that in the event any losses arise out of or result from
     the submission of the Proposals and/or the performance of the Contracts,
     each Party hereto shall assume and pay the share of such losses that is
     equal to its Participating Interest. The Parties' liability for losses
     shall continue as to any claims which may arise at any time against the JV
     or the Parties in connection with this Agreement or the Contracts, whether
     before, during or after the performance of the Contracts.

6.3  If for any reason, such as purchase of a bid request document, a Party is
     required to pay any costs in excess of those required by its Participating
     Interest which arise out of or are directly connected with the submission
     of the Proposal and/or the performance of the Contracts, the other Party
     shall promptly reimburse the overpaying Party, so that each member of the
     JV will have paid its share of such costs in accordance with its
     Participating Interest.

6.4  Capital Contributions - at the sole discretion of the Management Committee,
     the parties may be required to make contributions to the capital of the
     Company. All contributions shall be in relationship to the Party's
     Participating Interests ("Capital Call"). No Party shall be required to pay
     its capital contribution unless the Capital Call provides a reasonable
     manner of satisfying the individual Party's responsibilities having taken
     into consideration its present financial circumstances and its anticipated
     Profit distributions to be received from the JV activities. Nothing
     contained herein shall preclude the JV from borrowing Working Capital from
     third party lenders with the approval of the Management Committee. Failure
     of a party to comply with the terms of a proper Capital Call shall subject
     that party to the requirements of Article 15 contained hereinafter.

ARTICLE 7 - COMPENSATION AND PAYMENT
------------------------------------

7.1  Cost Recovery - The Parties will recover the actual costs they incur in
     performing the Work from the JV as stated below. Invoices from the Parties
     to the JV shall be submitted monthly unless otherwise determined by the
     Management Committee.

7.2  Direct US Reimbursable Personnel - Each Party shall recover the actual cost
     of salaries and wages paid to its US home office direct reimbursable
     personnel in connection with the Work. Such salaries and wages are the
     hourly base wage or salary amounts actually paid by a Party to its
     employees, exclusive of any adjustments, such as but not limited to,
     overtime, bonuses, uplifts for foreign assignments, tax equalization, and
     subsistence allowances. Any personnel, whether part- or full-time, or
     permanent or temporary, that are directly assigned to the Projects or doing
     Work for the Projects shall be considered reimbursable. All other US home
     office personnel are included in the Overhead Cost markup described in
     paragraph 7.4 below.

7.3  Payroll Burdens - Each Party shall recover its payroll burdens from the JV
     at 35% of its billings for its US home office direct reimbursable salaries
     and wages defined in 7.2. These payroll burdens include all payroll taxes,
     insurances, employee benefit costs, and other similar costs payable by a
     Party on behalf of its employees, whether mandated by statute or as part of
     its established employee benefit program.

                                       9
<PAGE>

7.4  Overhead Costs - Each Party shall recover its overhead costs from the JV at
     25% of the sum of its billings for its US home office direct reimbursable
     salaries and wages and payroll burdens as defined in 7.2 and 7.3. These
     overhead costs include all general corporate and administrative costs,
     including, but not limited to office and facility rental and related costs,
     operating costs, non-chargeable management costs, such as services of the
     executive officers and department heads, general administrative costs,
     computer support, research and development, non-project accounting and
     legal services, and other indirect staff, and all other recoverable costs
     of any kind or character which cannot be considered as falling into any
     other cost category identified herein.

7.5  Project Non-Labor Costs - Project related non-labor costs that are
     furnished by the Parties shall be invoiced to the JV at actual cost without
     markup. Project non-labor costs include all home office computer costs
     (software, hardware, 2D and 3D CAD, network, etc.) that are directly
     related to a project and not part of overhead costs.

7.6  Travel and Assignment Costs - Travel and assignment costs will be
     reimbursed to the Parties in accordance with travel policies established by
     the Management Committee.

7.7  Chemicals and Equipment - Chemicals, materials, and equipment furnished by
     the Parties shall be invoiced to the JV at actual cost in accordance with
     the following:

        Description                                 Pricing
        -----------                                 -------
        Raw Material                                Pass Through at Cost
        Freight to Deliver Raw Materials            Pass Through at Cost
        Blending Charges                            $1.75/gallon
        Packaging and Labeling Costs:
            a.  Pails (any volume)                  $1.50/gallon
            b.  Drums (less than 220 gallons)       $0.40/gallon
            c.  Drums (greater than 220 gallons)    $0.30/gallon
            d.  Bulk (550 gallon tote tank)         $0.25/gallon
            e.  Labels                              $2.00 each
            f.  Pallets                             Freighted Vendor Price + 10%
        Container Costs:
            a.  5 gallon pails                      Freighted Vendor Price + 10%
            b.  55 gallon drums                     Freighted Vendor Price + 10%
            c.  Tote tank rental                    $5.00 per day
        Overhead Costs                              10% of Above Totals
        All products sold                           F.O.B. Broussard, Louisiana

7.8  Subcontracts - Subcontracts for technical services, construction, and other
     services issued by the Parties shall be invoiced to the JV at actual cost
     without markup.

7.9  Other Costs - Reproduction costs shall be reimbursed to the Parties in
     accordance with the Parties' established rates. Long distance telephone and
     fax shall be reimbursed at actual cost. Costs, other than those specified
     above, that have been approved or ratified by the Management Committee and
     incurred in connection with performance of the Contracts, may be invoiced
     to the JV.

                                       10
<PAGE>

7.10 Invoice Procedures - Each Party shall invoice the JV in the currency in
     which the costs were incurred, and shall be paid in that currency unless
     otherwise determined by the Management Committee. All invoices from the
     Parties to the JV shall be in accordance with procedures promulgated by the
     Management Committee, and shall include such supporting documentation as
     the Management Committee may require.

7.11 Payment and Adjustments - The Management Committee will take all necessary
     steps to insure that invoices for the Work are prepared and submitted to
     the Clients in timely fashion and in accordance with the provisions of the
     Contracts. The Management Committee will further take steps to insure that
     payments received from the Clients are promptly deposited in the JV bank
     account and that amounts due to the Parties under this Article 7 are
     promptly paid. Any adjustment by the Clients to a JV invoice shall be
     passed through to the Party whose billings necessitated such adjustment.

7.12 Direct Non-US Reimbursable Personnel - Each Party shall recover the actual
     cost of its non-US home office personnel, including salaries, wages,
     burdens, overhead, uplift for foreign assignment, and tax equalization for
     reimbursable personnel in connection with the Work. The Management
     Committee will agree on such costs on a country-by-country basis as the
     individual Proposals require.

7.13 Finder's Fee - A finder's fee will be paid to third parties that identify a
     prospective Client based on the following sliding scale percentage of
     cumulative payments actually received from that Client unless otherwise
     approved by the Management Committee.

                     US $ Received                 Finder's Fee
                     -------------                 ------------
                     <$100,000                          3%
              > $100,000 & <$1,000,000                  2%
                     > $ 1,000,000                      1%

ARTICLE 8 - FURNISHING OF MATERIALS AND EQUIPMENT
-------------------------------------------------

8.1  All materials and equipment required to be furnished by the Parties or the
     JV for the performance of the Projects shall be procured from third parties
     in accordance with the following principles:

     a.   The Management Committee shall promulgate procurement guidelines,
          directives and procedures for the Work. Where reasonable and
          practicable, purchase orders and subcontracts shall be awarded on the
          basis of competitive bids from pre-qualified bidders.

     b.   Items which are not being procured on the basis of competitive bids,
          such as items of a proprietary nature, items which are available from
          a limited number of qualified suppliers, or items for which timely
          supply is critical to the proper performance of the Contracts, shall
          be procured in accordance with specific directives from the Management
          Committee.

                                       11
<PAGE>

     c.   Equipment and temporary facilities may be obtained by the JV through
          purchase or lease as the Management Committee may decide. Such
          equipment and temporary facilities may be furnished by a Party,
          provided such items are made available to the JV at fair market value,
          and the Management Committee reviews and approves the transaction.
          Unless otherwise agreed by the Management Committee, the Party
          providing such equipment or temporary facilities shall properly insure
          such items against loss, and shall include the cost of such insurance
          in its pricing. Any loss to equipment or temporary facilities provided
          by a Party shall not be allocated to the Parties in accordance with
          Article 6, unless otherwise agreed in writing by the Management
          Committee.

ARTICLE 9 - BONDS, GUARANTEES AND INSURANCE
-------------------------------------------

9.1  The JV or a Party or other parties individually, as circumstances may
     dictate, shall execute such bonds, guarantees, indemnity agreements and
     other documents (including applications therefor) as may be required in
     connection with the submission of the Proposals and the performance of the
     Contracts. The liability of the Parties or parties for obligations arising
     from such bonds, guarantees and indemnity agreements shall be allocated in
     accordance with each Party's or party's Participating Interest. Such
     guarantees may include but not be limited to unit or global process,
     performance, schedule, and cost. Such bonds may include but not be limited
     to bid and performance bonds.

9.2  In the event that the JV is unable to obtain any necessary bonds or
     guarantees, the Management Committee shall designate the Party or parties
     to establish such bonds or guarantees in the name of the JV. All costs of
     such bonds or guarantees shall be reimbursable to such Party or parties by
     the JV.

9.3  The Management Committee shall determine the amount, type and limits of
     insurance coverage needed to protect the Parties against any risk of loss
     that will be assumed under the Contracts. If appropriate and beneficial to
     the JV, the parties shall consider extending their respective insurance
     programs to the JV for the Projects. The net cost of such insurance shall
     be paid by the Parties in accordance with their Participating Interest. The
     policies of insurance obtained shall provide that the insurers shall waive
     all rights of subrogation against each of the Parties hereto and their
     officers, employees, representatives, agents, affiliates, parents,
     subsidiaries, and surety company or companies.

ARTICLE 10 - LIABILITIES AND INDEMNITIES
----------------------------------------

10.1 Except in the case of gross negligence or willful misconduct by a Party,
     liability for personal injury, death or loss of or damage to property
     arising from this Agreement or the Contracts shall be shared by the Parties
     in accordance with the provisions of Article 6.

                                       12
<PAGE>

10.2 Except in the case of gross negligence or willful misconduct by a Party, or
     in the case of breach of this Agreement by a Party, it is agreed that no
     Party shall bring a claim against another Party in connection with this
     Agreement or the Contracts.

ARTICLE 11 - CONSEQUENTIAL DAMAGES
----------------------------------

Neither Party shall be liable to the other Party hereunder in contract, tort
(including negligence), strict liability, warranty, or otherwise, for any
special, indirect, incidental, or consequential damages, such as but not limited
to loss of product, loss of anticipated revenue or profits, loss of use,
non-operation or increased expense of operation of equipment or systems, cost of
capital, or cost of purchased or replacement equipment or systems.

ARTICLE 12 - WORKING CAPITAL
----------------------------

The Management Committee shall establish the policy and procedures for planning,
controlling and monitoring cash flow for the Projects, and shall determine the
amount of funding required to carry out and perform the Contracts and meet any
financial obligations, which may arise therefrom. Such funding amounts shall be
referred to herein as "Working Capital". If at any time, after 6 months from the
effective date of this agreement, in the judgment of the Management Committee,
contributions of Working Capital are required from the Parties, the Management
Committee shall issue written notices to the Parties stating the sums to be paid
to the JV by the Parties, and the date by which such sums are required;
provided, however that no such sums shall exceed the expected profits to be
distributed to the parties. Unless otherwise provided by the Management
Committee, each Party's share of such Working Capital requirements shall be
equivalent to its Participating Interest in the JV as set forth in Article 6
hereof. Contributions of Working Capital shall be deposited into the JV bank
account(s) to be maintained pursuant to Article 13 hereof.

ARTICLE 13 - BANK ACCOUNTS OF THE JV
------------------------------------

13.1 All contributions of Working Capital made by the Parties and all other
     funds received by the JV in connection with the performance of the
     Contracts shall be deposited in an account or accounts in such bank or
     banks as the Management Committee may designate. The JV bank account(s)
     shall be in the name of the JV and be maintained separately from any bank
     accounts now maintained by any of the Parties.

13.2 The Management Committee shall establish procedures for the maintenance of
     such bank accounts, including designation of those individuals with
     signatory authority.

ARTICLE 14 - ACCOUNTING AND AUDITING
------------------------------------

14.1 The Management Committee shall cause proper books of account for the JV to
     be kept relating to the performance of the Contracts and to the operation
     of the JV. Such books of account shall be structured to provide proper
     internal control and shall be properly kept in accordance with best
     business practices.

14.2 The books of account of the JV shall be made available, at reasonable
     times, for inspection by the representatives of the Parties hereto. The
     Management Committee may provide for periodic audits of said books of
     account, and any Party, at its own expense and upon written notice to the
     Management Committee, shall be entitled to audit said books of account for
     any reason. The Management Committee may, at its discretion, contract one
     of the Parties to provide its accounting personnel for the accounting needs
     of the JV.

                                       13
<PAGE>

14.3 Proper and complete books of account relating to Work performed by each
     Party pursuant to this Agreement shall be maintained by each Party at its
     principal place of business, and shall be opened to inspection by any other
     Party, or its designated representatives, at any reasonable time and at the
     requesting Party's expense. Said inspection shall not be permitted for
     items included in any fixed rate, standard charge or percentage multiplier
     agreed to by the Parties.

ARTICLE 15 - DEFAULT
--------------------

15.1 In the event a Party at any time is in material breach or default under
     this Agreement, or fails to timely provide its full share of any Working
     Capital requirements, such Party (the "Defaulting Party") shall be
     considered in default of this Agreement, and the following shall apply:

     a.   Said Defaulting Party's right to receive any distribution of profits
          of the JV, as provided in this Agreement, shall be and remain
          suspended until reinstated as provided in paragraph 15.3 below.

     b.   The Defaulting Party shall continue to have its representatives attend
          Management Committee meetings, but such representatives shall have no
          right to vote or otherwise participate in Management Committee
          decisions until the Defaulting Party's rights have been reinstated as
          provided in paragraph 15.3 below. Each of the Parties agree that
          during any period of suspension of its voting rights, a Defaulting
          Party shall be deemed to have waived any right to make a claim or
          object to any action taken by the Management Committee which does not
          constitute gross negligence in the management of the affairs of the
          JV.

     c.   The non-defaulting Party ("Contributing Party") may, but shall have no
          obligation to, advance on behalf of the Defaulting Party all or part
          of the Defaulting Party's delinquent Working Capital contribution.
          Upon tendering such amounts to the JV, the Contributing Party shall
          have the right to recover from the Defaulting Party (i) the amount of
          any Working Capital so advanced, plus (ii) interest on such amount at
          the prime rate of interest charged from time to time by the Bank of
          America (but not exceeding the maximum rate of interest allowed by
          law) accruing from the date of such advance, plus (iii) all costs,
          expenses and fees (including reasonable attorneys' fees) incurred in
          connection with any such advance and the recovery thereof.

     d.   The Management Committee may elect to have the JV borrow any shortage
          of Working Capital caused by the Defaulting Party from a third party
          lender and upon such terms as the Management Committee shall decide.
          In the event the Management Committee should elect this option, all
          costs and expenses, including interest, loan fees and attorneys' fees
          incurred by the JV in obtaining such loan shall be the sole obligation
          of the Defaulting Party.

                                       14
<PAGE>

     e.   In order to secure any advances made by the Contributing Parties in
          accordance with paragraph 15.1(c) above and any loans obtained by the
          JV in accordance with paragraph 15.1(d) above, the Parties hereby
          agree that the Defaulting Party's right in and to any profits from the
          JV, as provided in this Agreement, shall, upon payment of any such
          advances by the Contributing Parties or upon receipt of borrowed funds
          by the JV, be automatically assigned to the Contributing Parties
          and/or the JV as their interests may appear. The Parties agree that
          this Agreement shall of itself, without the necessity of further
          formality or writing, constitute the creation of the assignment in and
          to all such profits described herein.

15.2 Any advance and/or loan, including all costs and expenses connected
     therewith, described in paragraph 15.1 above, shall, unless otherwise
     agreed, be payable by the Defaulting Party upon demand by the Contributing
     Parties or the JV. Should full repayment of such amounts not be immediately
     forthcoming upon demand, the Party making the demand may proceed to offset
     the obligation with payments from assigned profits, proceeds, and other
     distributions of the JV and/or seek any other remedies provided in this
     Agreement and at law or in equity.

15.3 The Defaulting Party's right to receive profits of the JV and to vote at
     Management Committee meetings shall be reinstated upon the occurrence of :

          Payment to the JV and/or the Contributing Party of (i) all actual
          damages resulting from the default, (ii) all sums advanced by the
          Contributing Party pursuant to paragraph 15.1(c), (iii) all sums
          borrowed by the JV pursuant to paragraph 15.1(d), plus (iv) all
          accrued interest, costs and expenses, in cash or out of the Defaulting
          Party's interest in and to the profits of the JV.

     Any sums so received shall be first credited to the recovery of accrued
     interest, costs and expenses incurred in connection with any advance and/or
     loan and then to reduction of the principal amount of any advance and/or
     loan. Provided, however, the JV and the Contributing Parties shall have,
     prior to full reimbursement of all sums, interest, costs and expenses
     described above, an irrevocable option and the absolute right to exercise
     the right of assumption described in paragraph 15.4 below.

15.4 Notwithstanding a Defaulting Party's right to reinstatement as provided in
     Paragraph 15.3 above, at any time and from time to time, the Contributing
     Parties and/or the JV, so long as the Defaulting Party remains in default,
     shall have the absolute and unconditional right, to the extent of any
     advances made and/or loans obtained plus accrued interest thereon and other
     costs and expenses connected therewith, to assume all right, title and
     interest to all or a percentage share of the Defaulting Party's
     Participating Interest in the profits of the JV. The percentage share of
     that portion of the Defaulting Party's percentage interest in JV profits to
     be assumed shall be calculated by dividing the advances and/or loans made
     by the Contributing Parties or JV, together with all costs, expenses and
     interest accruing thereon to date of assumption, by the sum of all payments
     of Working Capital made by or on behalf of the Defaulting Party to the JV.
     Notwithstanding the foregoing, no assumption by the Contributing Parties in
     accordance with this paragraph 15.4 shall in any way affect the Defaulting
     Party's share or percentage of liability for additional Working Capital or
     losses and expenses resulting from performance of the Contracts, or any
     claim or liability incurred in connection with this Agreement as originally
     provided in Article 6 of this Agreement.

                                       15
<PAGE>

ARTICLE 16 - BANKRUPTCY OF A PARTY
----------------------------------

If a Party hereto shall dissolve or take advantage of any bankruptcy,
reorganization, composition or arrangement statute, then such Party shall be
considered a Defaulting Party in accordance with Article 15, and, to the extent
permitted by applicable law, shall be subject to the provisions of Article 15.

ARTICLE 17 - DISTRIBUTIONS
--------------------------

17.1 Prior to completion of any Project, the Management Committee may direct the
     distribution of any funds held by the JV to the extent they exceed the
     operating requirements of the JV. Distribution shall be in accordance with
     each Party's Participating Interest, subject to the terms of this
     Agreement.

17.2 Upon completion of the Project, the liabilities of the JV and any
     distributions to the Parties shall be settled in the following order of
     priority.

     1.   Payment of all costs incurred by the JV, including payment of claims
          not secured by insurance and the retention of proper reserves for
          claims which have either been brought or may be reasonably anticipated
          by the Management Committee to be brought against the JV or the
          Parties; then

     2.   Establishing reasonable reserves for reasonable contingencies
          determined to be necessary by the Management Committee; then

     3.   Repayment to each Party all sums advanced or contributed to the JV for
          Working Capital; then

     4.   Distribution of profits to the Parties in accordance with each Party's
          Participating Interest, subject to this Agreement. Any reserve funds
          retained for claims or other contingencies which are thereafter
          determined by the Management Committee to no longer be required shall
          be similarly distributed.

ARTICLE 18 - CONFIDENTIAL INFORMATION
-------------------------------------

18.1 Subject to any applicable requirements of the Contracts, information
     relating to this JV Agreement the Proposals or the Contracts which is
     gathered, exchanged, or otherwise obtained by the Parties during the term
     of this Agreement shall be maintained in confidence and shall not be
     utilized except in furtherance of this Agreement. Such information will not
     be disclosed to any third parties or to a Party's own employees except
     where there is good faith need to know; provided however, that no Party
     shall be liable for any utilization or disclosure if the information falls
     into any of the following categories:

                                       16
<PAGE>

     a.   Information which at the time of disclosure is or thereafter becomes
          within the public domain other than by reason of the receiving Party's
          wrongful act or omission.

     b.   Information which prior to disclosure hereunder was already in the
          receiving Party's possession and was not received from the disclosing
          Party, either directly or indirectly, under obligation of secrecy.

     b.   Information which is disclosed to the receiving Party without
          restrictions on use or disclosure by a third party who is lawfully in
          possession thereof and which information is not subject to
          restrictions on disclosure or use.

     c.   Information of material nature that must be disclosed in accordance
          with Security and Exchange Commission (SEC) regulations.

     For the purposes of this Agreement, specific information disclosed shall
     not be deemed to be in the public domain or in the prior possession of the
     disclosing Party merely because it is embraced by more general information
     in the public domain or by more general information in the prior possession
     of the Party.

18.2 The Party receiving confidential or proprietary information shall protect
     such information utilizing the same procedures it employs to prevent
     disclosure of its own confidential or proprietary information.

18.3 Nothing herein shall grant to the receiving Party or the JV any rights in,
     or license to use, any drawings, data, plans, ideas, methods or chemical
     formulations disclosed pursuant to this Agreement. The Parties' rights in
     respect thereof shall be subject to all rights of the patent owner and/or
     licensor.

18.4 A Party shall not be restricted in releasing information in response to a
     subpoena, court order, or similar legal process, but shall notify the other
     Parties of the request or order for information before responding to same.

18.5 The confidentiality obligations provided in this Article 18 shall be in
     effect for a period of five (5) years from the date of this Agreement and
     shall survive the termination or expiration of this Agreement.

ARTICLE 19 - RIGHTS IN INFORMATION
----------------------------------

Except as otherwise provided herein or in the Contract, engineering documents,
drawings, and specifications prepared by a Party as part of the Work shall be
the property of the Party preparing same. A Party shall retain all right, title,
and interest in its standard drawings and details, designs, specifications,
databases, computer software, chemical formulations and any other proprietary
property.

                                       17
<PAGE>

ARTICLE 20 - TAXES
------------------

20.1 The Parties will take whatever action is reasonably necessary to maintain
     the JV's tax status as a partnership, including agreement on any required
     elections under federal, state or local income tax laws.

20.2 The Management Committee shall take all necessary steps to prepare and file
     federal and state income tax returns for the JV, and to insure that each
     Party receives a copy of the final tax return as specified by law. Each
     Party will be responsible for payment of taxes on income it received from
     the Projects.

ARTICLE 21 - SUCCESSORS AND ASSIGNS
-----------------------------------

No Party hereto shall sell, assign or in any manner transfer its interest in the
JV without first obtaining the consent of the other Parties hereto, which
consent may be withheld with or without cause. Subject to the foregoing
provision, this Agreement shall inure to the benefit of and be binding upon the
Parties, their successors, trustees, assigns, receivers, and legal
representatives, but shall not inure to the benefit of any other person, firm or
corporation.

ARTICLE 22 - GOVERNING LAW
--------------------------

This Agreement shall be governed by the laws of the State of Texas, U.S.A.

ARTICLE 23 - DISPUTE RESOLUTION
-------------------------------

23.1 The Parties shall attempt in an amicable manner to adjust and settle any
     disagreement that may arise between them under or in connection with this
     Agreement. Any controversy or claim arising out of or relating to this
     Agreement will first be referred in writing to the Management Committee for
     its decision. In the event any dispute between the Parties is not resolved
     by the Management Committee, any Party may submit such dispute to a panel
     (the "Executive Panel") comprised of one senior level executive from each
     Party. Submittal of the dispute shall be accompanied by designation of the
     submitting Party's representative on the Executive Panel. The Executive
     Panel shall convene within thirty (30) days of the submittal at such
     location as the Parties may agree. The Executive Panel shall hear such
     dispute at a time, place and under such procedural rules as the panel may
     specify, and shall resolve the dispute only by unanimous consent of its
     members, which action shall be binding on the Parties.

23.2 It is the intention of the Parties that the Executive Panel shall resolve
     disputes without further legal proceedings. However, if the Executive Panel
     is unable to reach unanimous agreement, any Party may elect to refer the
     matter in dispute to binding arbitration in accordance with the Rules of
     the American Arbitration Association, with proceedings to be held in
     Houston, Texas.

                                       18
<PAGE>

ARTICLE 24 - SEVERABILITY
-------------------------

In the event that any of the provisions, terms and conditions of this Agreement
may prove to become invalid, illegal or unenforceable in any respect, the
validity, legality and enforceability of the remaining provisions terms and
conditions hereof shall not in any way be affected or impaired.

ARTICLE 25 - NON-WAIVER
-----------------------

The failure on the part of any Party hereto, at any time, to require strict
performance and/or observance of any obligation, term, provision or condition
under this Agreement will neither constitute a waiver thereof nor affect in any
way the right of the respective Party to require such performance and/or
observance. The waiver by any Party of a breach of any obligation, term,
provision or condition hereunder shall not constitute a waiver or any subsequent
breach thereof or any other obligation, term, provision or condition.

ARTICLE 26 - NOTICES
--------------------

Any notice required or permitted, to be given under this Agreement shall be
deemed duly served if duly sent by registered mail, personal delivery, or other
means whereby receipt is recorded to the following address:

To KII:           King International, Inc.         Tel:    713-995-1672
                  8300 Bissonnet, Suite 460        Fax:    713-995-1675
                  Houston, Texas 77074             E-mail: king@raking.com
                  Attention: Johanna A. A. King

To DOT:           Delta-Omega Technologies, Ltd.   Tel:    337-837-3011
                  119 Ida Road                     Fax:    337-837-3037
                  Broussard, Louisiana 70518       E-mail: marianb@bellsouth.net
                  Attention: Marian A. Bourque

With copies to:   Roger V. Davidson, Esq.
                  Ballard Spahr Andrews & Ingersoll, LLP
                  1225 17th Street, Suite 2300
                  Denver, CO  80202-5596
                  Telephone:  (303) 299-7307
                  Fax: (303) 296-3956
                  e-mail: rdavidson@ballardsphar.com

ARTICLE 27 - ENTIRE AGREEMENT
-----------------------------

This Agreement constitutes the entire understanding and Agreement between the
Parties with respect to the subject manner hereof and supersedes all prior or
contemporaneous representations, understandings or agreements of any kind,
whether verbal or written. This Agreement shall not be modified except by
written amendment duly executed by authorized representatives of the Parties.

                                       19
<PAGE>

      -------------------------------------------------------------------

IN WITNESS WHEREOF, the Parties have executed this Agreement by their duly
authorized representatives effective the date first written above.

KING INTERNATIONAL, INC.                DELTA-OMEGA TECHNOLOGIES, LTD.

By:  _____________________________      By:  _____________________________
     Johanna A. A. King                      Larry G. Schafran
     President & CEO                         Chairman & Co-CEO

                                        By:  ______________________________
                                             James V. Janes III
                                             President & Co-CEO

                                       20

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