Document:

EXHIBIT 10.3

                UNIVERSAL BROADBAND COMMUNICATIONS, INC.
                          EMPLOYMENT AGREEMENT

          For Stephen A. Garcia, Chief Financial Officer (CFO)

     This Agreement is entered into on this 26th day of August 2002, in
the City of Irvine, California, by and between UNIVERSAL BROADBAND
COMMUNICATIONS, INC., a Nevada Corporation  (hereinafter referred to as
"COMPANY") and STEPHEN A. GARCIA (hereinafter referred to as "EXECUTIVE")
and collectively called the "Parties".  As of the date of the signing of
this Agreement, STEPHEN A. GARCIA is serving as Chief Financial Officer
for the COMPANY, referred to in this Agreement as "CFO".

     WITNESSETH:

     WHEREAS, Employer is desirous of employing Executive in the capacity
hereinafter stated, and Executive is desirous of continuing in the employ
of Employer in such capacity, for the period and on the terms and
conditions set forth herein;

     NOW THEREFORE, in consideration of the premises and of the mutual
covenants and conditions herein contained, the parties hereto, intending
to be legally bound, do hereby agree as follow:

1.   EMPLOYMENT
     ----------

     Employer hereby employs Executive as its Chief Financial Officer,
and Executive accepts those duties that are customarily performed by the
Chief Financial Officer of a telecommunications company and accepts all
other duties described herein, and agrees to discharge the same
faithfully and to the best of his ability and consistent with past
performances and the highest and best standards of the telecommunications
industry, in accordance with the policies of Employer's CEO and Board of
Directors as established, and in compliance with all laws and Employer's
Articles of Incorporation, Bylaws, Policies and Procedures, and in
accordance with all federal, state, local and regulatory agency laws,
regulations and guidelines, which shall take precedence over all other
policy or corporate governance. Executive shall devote his full business
time and attention to the business and affairs of Employer for which he
is employed and shall perform the duties thereof to the best of his
ability. Except as permitted by the prior written consent of Employer's
Board of Directors, Executive shall not directly or indirectly render any
services of a business, commercial or professional nature to any other
person, firm or corporation, whether for compensation or otherwise, which
are in conflict with Employer's interests. Executive shall perform such
other duties as shall be from time to time prescribed by Employer's CEO
and Board of Directors.

     Executive shall have such responsibility and duties and such
authority to transact business on behalf of Employer, as are customarily
incident to the office of Chief Financial Officer of a telecommunications
company.

<PAGE>
2.   TERM
     ----

     Employer hereby employs Executive, and Executive hereby accepts
employment with Employer for the period of two (2) years (the "Term"),
commencing August 26, 2002, terminating August 30, 2004, with such Term
being subject to prior termination as hereinafter provided. Where used
herein, "Term" shall refer to the entire period of employment of
Executive by Employer, whether for the period provided above, or whether
terminated earlier as hereinafter provided, or extended, or extended by
mutual agreement in writing by Employer and Executive.

3.   COMPENSATION
     ------------

     In consideration for all services to be rendered by Executive to
Employer, Employer agrees to pay Executive a starting base salary of One
Hundred Twenty Thousand ($120,000) for the first year of his Employment
Agreement commencing the 26th day of August 2002, through the 26th day of
August 2003. For the second year of this Employment Agreement, commencing
the 26th day of August 2003, through the 30th day of August 2004, the
Executive's base salary shall be One Hundred Sixty Thousand Dollars
($160,000).

     One Hundred Thousand (100,000) shares of registered common stock of
COMPANY, ownership of said stock shall vest with Executive 90 days after
the signing of this Agreement.

     Stock options of Seventy Five Thousand (75,000) of common stock to
be granted with vesting over twelve (12) months and the price to be $1.50
for each option for the purchase of one share of common stock of
Universal Broadband Communications, Inc. Employer's Board of Directors
may award, at any time, by way of bonus or otherwise, as a portion of the
base salary or by way of bonus stock options in favor of Executive.
Employer's Board of Directors agrees to act in food faith (with the
Executive abstaining from any decision relating to Executive salary in
the event the Executive shall be a member of the Board of Directors) and
shall set the Executive's salary and/or stock option awards for ensuing
years based upon performance of the Executive, taking into account
consideration compensation paid to Executives of other similar sized
entities and businesses within the same or similar industries. Nothing
herein contained shall be deemed to limit, to any extent, the right of
the Employer's Board of Directors to award, in their sole and absolute
discretion, bonuses in addition to the base salary or any stock options
granted with such bonus to be paid in either salary, accrued or
otherwise, and/or stock option, provided herein, which bonuses may from
time to time be granted in favor of Executive.

     Executive shall be entitled to participate in any and all other
employee benefits and plans  (Health, Dental & 401k), that may be
developed and adopted by Employer to which Executive is eligible to
participate.

4.   INSURANCE
     ---------

     Employer agrees to provide Executive with health and life insurance
benefits, with health benefits to include medical and dental insurance.
Employee may also apply for a "keyman" life insurance policy with
Employer as beneficiary of the policy.

<PAGE>
5.   VACATION
     --------

     Executive shall be entitled to accrue up to four (3) weeks vacation
during each year of the Term of this Agreement, with no more than two (2)
weeks to be taken in a consecutive period. Vacation benefits shall not
accrue above eight (6) weeks at any time. Employer's Board of Directors,
in its discretion, may waive the provision with respect to unused
vacation time.

     Executive shall receive five (5) days of paid Personal Time per
year.  Unused accrued Personal Time has no cash value.

6.   AGREEMENT NOT TO COMPETE/
     -------------------------
     TRADE SECRETS AND CONFIDENTIAL INFORMATION
     ------------------------------------------

     Executive recognizes that he may occupy a position of trust with
respect to business and technical information of Employer, which
information shall be the property of Employer and/or its affiliates.
Executive further acknowledges that Employer's agreement to pay the
compensation provided hereunder shall be based upon Executive's agreement
that he shall not render consulting services or otherwise provide
benefits to any entity or individual who shall directly or indirectly be
in competition with Employer. Executive therefore agrees that:

     (a)  During the term of this Agreement, unless terminated earlier by
either party, and for any additional period which Employer may be
providing benefits, under the Terms of this Agreement, Executive will not
engage in nor have any material interest in any business, person, firm,
corporation or any other entity whether as an advisor, principal,
employee, independent contractor, agent, partner, officer, director,
stockholder or member of any association or otherwise that engages in any
activity within any of the states, United States or any foreign country
in which the Employer conducts its business which activity is the same as
or materially similar to or directly competitive with any activity
engaged in by the Employer; or any affiliate, parent or entity associated
with Employer.

          Ownership of less that two and one-half percent (2.5%) of the
outstanding shares of capital stock or beneficial interest in an entity
shall not constitute a breach of this section.

     (b)  Executive shall not, directly or indirectly, without the prior
written consent of the Employer (which may be withheld at the sole
discretion of Employer), disclose to any person other than employees of
Employer or any affiliate, parent or entity associated with Employer, any
Confidential Information.

     (c)  Executive shall not, directly or indirectly, without the prior
written consent of the Employer, which may be withheld at its sole
discretion, use any Confidential Information for Executive's own use
independent of Employer or any affiliate, parent or entity associated
with Employer.

     (d)  Executive shall return promptly upon the termination of this
Agreement, or otherwise upon the request of Employer, any and all
originals and copies of any documentation or materials containing any
Confidential Information.

     (e)  For purposes of this Agreement, the term "Confidential
Information" shall include information of the nature and in the form
specified below which is owned by or in the possession

<PAGE>
of Employer which is disclosed to the Employer in connection with the
business of the Employer, which information relates to (i) potential or
existing acquisitions of Employer, (ii) the Employer's financial data,
(iii) the Employer's employee compensation or performance data, and (iv)
any other information identified to the Executive as confidential by the
Employer, an executive officer thereof; provided, however, that this
provision shall not apply to any information which is publicly available,
or become available to Executive from any third party who is not
breaching, to the knowledge of Executive, any obligation of
confidentiality to Employer, or to any disclosures which are required to
be made under legal process, by subpoena or other court order.

7.   TERMINATION
     -----------

     Employer shall have the right to terminate this Agreement for any of
the following reasons by serving written notice upon Executive:

     (a)  willful breach of, habitual neglect of, willful failure to
perform, or inability to perform, Executive's duties and obligations as
Chief Financial Officer;

     (b)  illegal conduct, constituting a crime involving moral
turpitude, conviction of a felony, or any conduct detrimental to the
interests of Employer;

     (c)  physical or mental disability rendering Executive incapable of
performing his duties for a consecutive period of 180 days, or by death.
In the event of such disability, Employer will provide salary
continuation for 180 days, less accrued sick leave. Accrued sick leave is
to be utilized until exhausted PRIOR to salary continuation provided
herein; or

     (d)  determination by Employer's Board of Directors that the
continued employment of Executive is detrimental to the best interests of
Employer, or for any reason whatsoever as determined by Employer's Board
of Directors and in the sole and absolute discretion of Employer's Board
of Directors.

     In the event this Agreement is terminated for any of the reasons
specified in the paragraphs (a), (b) or (c) above, Executive will be paid
two (2) weeks' salary calculated as of the date of Executive's
termination, plus any pay in lieu of vacation accrued to, but not taken
as of the date of termination. Such termination pay shall be considered
to be in full and complete satisfaction of any and all rights, which
Executive may enjoy under the Terms of this Agreement other than rights,
if any, to exercise any of the stock options vested prior to such
termination. The insurance benefits provided herein shall be extended at
Employer's sole cost until the end of the month in which Executive is
terminated.

     In the event this Agreement is terminated for any reason specified
in paragraph (d) above, Executive shall be entitled to termination pay in
an amount equal to one (1) month of  Executive's then base annual salary.
Such termination pay shall be paid in one lump sum and shall be
considered to be in full and complete satisfaction of any and all rights
which Executive may enjoy under the Terms of this Agreement including any
pay in lieu of vacation accrued to, but not taken as of the date of
termination.

<PAGE>
     Where termination is pursuant to paragraph (d) above, the insurance
benefits provided herein shall be extended at Employer's sole cost for
the remainder of the month in which Executive is terminated.

     Executive shall give sixty (60) days prior notice, in writing, to
Employer in the event Executive resigns or voluntarily terminates
employment.

8.   INDEMNIFICATION
     ---------------

     To the extent permitted by law, Employer shall indemnify Executive
if he was or is a party of is threatened to be made a party in any action
brought by a third party against Executive (whether or not Employer is
joined as a party defendant) against expenses, judgments, fines,
settlements and other amounts actually and reasonably incurred in
connection with said action of Executive acted in good faith and in a
manner Executive reasonably believed to be in the best interest of
Employer (and with respect to a criminal proceeding if Executive had no
reasonable cause to believe his conduct was unlawful), provided that the
alleged conduct of Executive arose out of and was within the course and
scope of his employment as an officer or employee of Employer.

9.   ARBITRATION
     -----------

     Any dispute related to the interpretation of enforcement of this
Employment Agreement shall be enforceable only by arbitration in the
County of Orange, California (or such other metropolitan area to which
the Employer's principal executive offices may be relocated), in
accordance with the commercial arbitration rules then in effect of the
American Arbitration Association, before a panel of three arbitrators,
one of whom shall be selected by the Employer, the second of whom shall
be selected by the Executive and the third party of whom shall be
selected by the other two arbitrators. In the absence of the American
Arbitration Association, or if for any reason arbitration under the
arbitration rules of the American Arbitration Association cannot be
initiated, or if one of the parties shall fail or refuses to select an
arbitrator, or if the parties failed or refused to select an arbitrator,
or if the arbitrators selected by the Employer and the Executive cannot
agree on the selection of the third arbitrator within seven (7) days
after such time as the Employer and the Executive have each been notified
of the selection of the other's arbitrator, the necessary arbitrator or
arbitrators shall be selected by the presiding judge of the court of
general jurisdiction in the metropolitan area where arbitration under
this section would otherwise have been conducted. Each arbitrator
selected as provided herein is required to be or have been a director or
an executive officer for a corporation whose shares of common stock were
listed during at least one year of such service on the New York Stock
Exchange or the American Stock Exchange or quoted on the National
Association if Securities Dealers Automated Quotations System. The
arbitrators shall award to the Employer its legal fees and expenses
incurred in connection with any arbitration proceeding is commenced by
the Executive and the Executive has no reasonable basis for initiating
such proceeding. Any award entered by the arbitrators shall be final,
binding and nonappealable and judgment may be entered thereon by any
party in accordance with applicable law in any court or competent
jurisdiction except to the extent an Arbitration award is appealable
under applicable law. This arbitration provision shall be specifically
enforceable.

<PAGE>
10.  RETURN OF DOCUMENTS
     -------------------

     Executive expressly agrees that all manuals, documents, files,
reports, studies, instruments or other materials used or developed by
Executive during the Term are solely the property of Employer, and
Executive has no right, title of interest therein. Upon termination of
this Agreement, Executive or Executive's representatives shall promptly
deliver possession of all of said property to Employer in good condition.

11.  NOTICES
     -------

     All notices, requests, demands, claims and other communications
hereunder shall be in writing. Any notice, request, demand, claim or
other communication hereunder shall be deemed duly given (i) if
personally delivered against written receipt, when so delivered, (ii) if
mailed by registered or certified mail, return receipt requested, postage
prepaid and addressed to the intended recipient as set forth below, five
(5) business days after being so mailed, (iii) if given by telefax or
telecopier, once such notice or other communication is transmitted to the
telex or telecopier number specified below and the appropriate answer
back or telephonic confirmation is received, provided that such notice or
other communication is promptly thereafter delivered in accordance with
the provision of clause (i), (ii), or (iii) hereof, or (iii) if sent
through a nationally recognized overnight service which guarantees next
day delivery, on (1) business day after being so sent:

     If to the Executive:

     STEPHEN A. GARCIA
     9839 La Arena Circle
     Fountain Valley, CA  92708

     If to the Employer:

     UNIVERSAL BROADBAND COMMUNICATIONS, INC.
     18200 Von Karman Avenue, 10th Floor
     Irvine, California 92612

     Any party may give any notice, request, demand, claim or other
communication hereunder using any other means (including ordinary mail or
electronic mail), but no such notice, request, demand, claim or other
communication shall be deemed to have been duly given unless and until it
actually is received by the individual for whom it is intended. Any party
may change the address to which notices, requests, demands, claims and
other communications hereunder are to be delivered by giving the other
parties notice in manner herein set forth.

12.  SUCCESSORS AND ASSIGNS
     ----------------------

     (a)  OF THE EMPLOYER. The Employer shall require any successor
(whether direct or indirect, by purchase, merger, consolidation,
reorganization or otherwise) to all or substantially all of the business
and/or assets of the Employer expressly to assume and to agree to perform
this Agreement in the same manner and to the same extent to the Employer
would be required to perform if no such succession had taken place. This
Agreement shall be binding upon the Employer and any successor of or to
the Employer, including without limitation any person

<PAGE>
acquiring directly or indirectly all or substantially all of the business
and/or assets of the Employer whether by sale, merger, consolidation,
reorganization or otherwise (and such successor shall thereafter be
deemed the "Employer" for the purposes of this Agreement), but shall not
otherwise be assignable or delegable by the Employer without the written
consent of the Employee which may be withheld or granted in the sole
discretion of the Employee.

     (b)  OF THE EXECUTIVE. This Agreement shall inure to the benefit of
and be enforceable by the personal or legal representatives, executors,
administrators, successors, assigns, heirs, distributes and/or legatees
of the Executive, although duties of Executive are not assignable.

     (c)  SEVERABILITY. Any provision of this Agreement which is deemed
invalid, illegal, or unenforceable in any jurisdiction shall, as to that
jurisdiction and subject to this paragraph be ineffective to the extent
of such invalidity, illegality, or unenforceability, without affecting in
any way the remaining provisions hereof in such jurisdiction or rendering
that or any other provisions of this Agreement invalid, illegal, or
unenforceable in any other jurisdiction, provided that by reason thereof
the obligations of Executive hereunder are not increased or expanded. If
any covenant should be deemed invalid, illegal or unenforceable because
its scope is considered excessive, such covenant shall be modified so
that the scope of the covenant is reduced only to the minimum extent
necessary to render the modified covenant valid, legal and enforceable.

     (d)  ENTIRE AGREEMENT. This document constitutes the final,
complete, and exclusive embodiment of the entire agreement and
understanding among the parties related to the subject matter hereof and
supersedes and preempts any prior or contemporaneous understandings,
agreements, or representations by or between the parties, written or
oral.

     (e)  COUNTERPARTS. This Agreement may be executed on separate
counterparts, any one of which need not contain signatures of more than
one party, but all of which taken together with constitute one and the
same agreement.

     (f)  AMENDMENTS. No amendments or other modifications to this
Agreement may be made except by writing signed by all parties. No
amendment or waiver of this Agreement requires the consent of any
individual, partnership, corporation or other entity not a party to this
Agreement. Nothing in this Agreement, expressed or implied, is intended
to confer upon any third person any rights or remedies under or by reason
of this Agreement.

     (g)  CHOICE OF FORUM. All questions concerning the construction,
validity and interpretation of this Agreement will be governed by the
internal law, and not the law of conflicts, of the Sate of California.

13.  BENEFIT OF AGREEMENT
     --------------------

     This Agreement shall inure to the benefit of and be binding upon the
parties hereto and their respective executors, administrators, successors
and assigns.

14.  APPLICABLE LAW
     --------------

     This Agreement is made and entered into in the State of California,
and the laws of said State shall govern the validity and interpretation
hereof, and the performance of the parties hereto and their respective
duties and obligations hereunder.

<PAGE>
15.  CAPTIONS AND PARAGRAPH HEADINGS
     --------------------------------

     Captions and paragraph headings used herein are for convenience only
and are not a part of this Agreement and shall not be used in construing
it.

16.  INVALID PROVISIONS
     ------------------

     Should any provision of this Agreement for any reason be declared
invalid, void, or unenforceable by a court of competent jurisdiction, the
validity and binding effect of any remaining portions shall not be
affected and the remaining portions of this Agreement shall remain in
full force and effect as if this Agreement had been executed with said
provision eliminated.

17.  ENTIRE AGREEMENT
     ----------------

     This Agreement contains the entire agreement of the parties and it
supersedes any and all other agreements, either oral or in writing,
between the parties hereto with respect to the employment of Executive by
Employer, except to the extent that it is contemplated that Executive and
Employer may enter into a stock option agreement and/or salary
continuation agreement. Each party to this Agreement acknowledges that no
representations, inducements, promises, or agreements, oral of otherwise,
have been made by any party, or anyone acting on behalf of any party,
which are not embodied herein, and that no other agreement, statement, or
promise not contained in this Agreement shall be valid or binding. This
Agreement may not be modified or amended by oral agreement, but only by
an agreement in writing signed by Employer and Executive.

18.  CONFIDENTIALITY
     ---------------

     This Agreement is to be held confidential. Willful breach of such
confidentiality by Executive will be subject to termination under the
provisions of 8(a) of this Agreement.

19.  LEGAL COSTS
     -----------

     If either Executive or Employer commences an action against the
other arising out of or in connection with this Agreement, the prevailing
party shall be entitled to have and recover from the losing party
reasonable attorney fees and costs of suit.

     IN WITNESS WHEREOF, the parties hereto have executed this Agreement
as of the day and years first above written.

EMPLOYER:                               EXECUTIVE:

UNIVERSAL BROADBAND COMMUNICATIONS, INC.
a Nevada Corporation

By: /s/ MARK ELLIS                      /s/ STEPHEN A. GARCIA
   ----------------------------         ----------------------------
   MARK ELLIS                           STEPHEN A. GARCIA

Its: President
   ----------------------------Prepared by R.R. Donnelley Financial -- Scios Inc. 1996 Non-Officer Stock Plan, as amended

 EXHIBIT 10.55 
  
 SCIOS INC. 
  
 1996 NON-OFFICER STOCK OPTION PLAN 
  
 Adopted November 11, 1996 
 Amended February 3,
1997 
 Amended February 9, 1998 
 Amended February 8, 1999

 Amended August 9, 1999 
 Amended February 5, 2001

 Amended May 7, 2001 
 Amended November 5, 2001

 Amended May 7, 2002 
  

	1.
	 
	PURPOSES. 
 

  
 (a)  The purpose of the Plan is to provide a means by which selected Employees of and Consultants to the Company, and its Affiliates, may be given an opportunity to benefit from
increases in value of the stock of the Company through the granting of (i) Nonstatutory Stock Options, (ii) stock bonuses, and (iii) rights to purchase restricted stock, all as defined below. 
  
 (b)  The Company, by means of the Plan, seeks to retain the services of persons (other than Directors and Employees
serving as Officers of the Company or its Affiliates) who are now Employees of or Consultants to the Company or its Affiliates, to secure and retain the services of new Employees and Consultants, and to provide incentives for such persons to exert
maximum efforts for the success of the Company and its Affiliates. 
  
 (c)  The Company
intends that the Stock Awards issued under the Plan shall, in the discretion of the Board or any Committee to which responsibility for administration of the Plan has been delegated pursuant to subsection 3(c), be either (i) Nonstatutory Stock
Options granted pursuant to Section 6 hereof, or (ii) stock bonuses or rights to purchase restricted stock granted pursuant to Section 7 hereof.  
  

	2.
	 
	DEFINITIONS. 
 

  
 (a)  “Affiliate” means any parent corporation or subsidiary corporation, whether now or hereafter existing, as those terms are defined in Sections
424(e) and (f), respectively, of the Code. 
  
 (b)  “Board”
means the Board of Directors of the Company. 
  
 (c)  “Code” means the Internal Revenue Code of 1986, as amended. 

  
 (d)  “Committee” means a
Committee appointed by the Board in accordance with subsection 3(c) of the Plan. 
  
 (e)  “Company” means Scios Inc., a Delaware corporation. 
  
 (f)  “Consultant” means any person, including an advisor, engaged by the Company or an Affiliate to render consulting services and who is compensated for such services,
provided that the term “Consultant” shall not include Directors who are paid only a director’s fee by the Company or who are not compensated by the Company for their services as Directors. 
  
 (g)  “Continuous Status as an Employee or Consultant” means that the service of an
individual to the Company, whether as an Employee or Consultant, is not interrupted or terminated. The Board, in its sole discretion, may determine whether Continuous Status as an Employee or Consultant shall be considered interrupted in the case
of: (i) any leave of absence approved by the Board, including sick leave, military leave, or any other personal leave; or (ii) transfers between locations of the Company or between the Company, Affiliates or their successors. 

 
 (h)  “Employee” means any person, including Officers, employed by the
Company or any Affiliate of the Company. 
  
 (i)  “Exchange
Act” means the Securities Exchange Act of 1934, as amended. 
  
 (j)  “Fair Market Value” means the value of the common stock of the Company as determined in good faith by the Board. 
  

(k)  “Nonstatutory Stock Option” means an Option not intended to qualify as an incentive stock option pursuant
to Section 422 of the Code and the regulations promulgated thereunder. 
  
 (l)  “Officer” means a person who is an officer of the Company within the meaning of Section 16 of the Exchange Act and the rules and regulations promulgated thereunder.

  
 (m)  “Option” means a stock option granted pursuant to the
Plan. 
  
 (n)  “Option Agreement” means a written
agreement between the Company and an Optionee evidencing the terms and conditions of an individual Option grant. Each Option Agreement shall be subject to the terms and conditions of the Plan. 
  
 (o)  “Optionee” means a person who holds an outstanding Option.

  
 (p)  “Plan” means this 1996 Non-Officer Stock Option Plan.

  
 (q)  “Stock Award” means
any right granted under the Plan, including any Option, any stock bonus and any right to purchase restricted stock. 
  
 (r)  “Stock Award Agreement” means a written agreement between the Company and a holder of a Stock Award evidencing the terms and conditions of an individual Stock Award grant.
Each Stock Award Agreement shall be subject to the terms and conditions of the Plan. 
  

	3.
	 
	ADMINISTRATION. 
 

  
 (a)  The Plan shall be administered by the Board unless and until the Board delegates administration to a Committee, as provided in subsection 3(c). 
  
 (b)  The Board shall have the power, subject to, and within the limitations of, the express provisions of the
Plan: 
  
 (1)  To determine from time to time which of the persons eligible under the Plan
shall be granted Stock Awards; when and how each Stock Award shall be granted; whether a Stock Award will be a Nonstatutory Stock Option, a stock bonus, a right to purchase restricted stock, or a combination of the foregoing; the provisions of each
Stock Award granted (which need not be identical), including the time or times when a person shall be permitted to receive stock pursuant to a Stock Award; and the number of shares with respect to which a Stock Award shall be granted to each such
person. 
  
 (2)  To construe and interpret the Plan and Stock Awards granted under it, and
to establish, amend and revoke rules and regulations for its administration. The Board, in the exercise of this power, may correct any defect, omission or inconsistency in the Plan or in any Stock Award Agreement, in a manner and to the extent it
shall deem necessary or expedient to make the Plan fully effective. 
  
 (3)  To amend the
Plan or a Stock Award as provided in Section 12. 
  
 (4)  Generally, to exercise such powers
and to perform such acts as the Board deems necessary or expedient to promote the best interests of the Company which are not in conflict with the provisions of the Plan. 
  
 (c)  The Board may delegate administration of the Plan to a committee composed of one or more members of the Board (the “Committee”). If
administration is delegated to a Committee, the Committee shall have, in connection with the administration of the Plan, the powers theretofore possessed by the Board (and references in this Plan to the Board shall thereafter be to the Committee),
subject, however, to such resolutions, not inconsistent with the provisions of the Plan, as may be adopted from time to time by the Board. The Board may abolish the Committee at any time and revest in the Board the administration of the Plan.

  

	4.
	 
	SHARES SUBJECT TO THE PLAN. 
 

  
 (a)  Subject to the provisions of Section 11 relating to adjustments upon changes in stock, the stock that may be issued
pursuant to Stock Awards shall not exceed in the aggregate eight million seven hundred ninety five thousand (8,795,000) shares of the Company’s common stock. If any Stock Award shall for any reason expire or otherwise terminate, in whole or in
part, without having been exercised in full, the stock not acquired under such Stock Award shall revert to and again become available for issuance under the Plan. 
  
 (b)  The stock subject to the Plan may be unissued shares or reacquired shares, bought on the market or otherwise. 
  

	5.
	 
	ELIGIBILITY. 
 

  
 (a)  Stock Awards may be granted only to Employees or Consultants who (i) are not Officers and (ii) are not then subject to Section 16 of the Exchange Act. 

 

	6.
	 
	OPTION PROVISIONS. 
 

  
 Each Option shall be in such form and shall contain such terms and conditions as the Board shall deem appropriate. The provisions of separate Options need not be identical,
but each Option shall include (through incorporation of provisions hereof by reference in the Option or otherwise) the substance of each of the following provisions: 
  
 (a)  Term.    No Option shall be exercisable after the expiration of ten (10) years from the date it was granted.

  
 (b)  Price.    The exercise price of each Nonstatutory Stock Option
shall be not less than the Fair Market Value of the stock subject to the Option on the date the Option is granted. 
  
 (c)  Consideration.     The purchase price of stock acquired pursuant to an Option shall be paid, to the extent permitted by applicable statutes and regulations, either (i) in cash at the
time the Option is exercised, or (ii) at the discretion of the Board or the Committee, at the time of the grant of the Option, (A) by delivery to the Company of other common stock of the Company, (B) according to a deferred payment arrangement,
except that payment of the common stock’s “par value” (as defined in the Delaware General Corporation Law) shall not be made by deferred payment or other arrangement, (which may include, without limiting the generality of the
foregoing, the use of other common stock of the Company) with the person to whom the Option is granted or to whom the Option is transferred pursuant to subsection 6(d), or (C) in any other form of legal consideration that may be acceptable to the
Board. 

  
 In the case of any deferred payment arrangement, interest shall be compounded at
least annually and shall be charged at the minimum rate of interest necessary to avoid the treatment as interest, under any applicable provisions of the Code, of any amounts other than amounts stated to be interest under the deferred payment
arrangement. 
  
 (d)  Transferability.    An Option shall not be
transferable except by will or by the laws of descent and distribution (and shall be exercisable during the lifetime of the person to whom the Option is granted only by such person) unless the applicable Option Agreement expressly provides for other
transferability. Notwithstanding the foregoing, the person to whom the Option is granted may, by delivering written notice to the Company, in a form satisfactory to the Company, designate a third party who, in the event of the death of the Optionee,
shall thereafter be entitled to exercise the Option. 
  
 (e)  Vesting.     The total number of shares of stock subject to an Option may, but need not, be allotted in periodic installments (which may, but need not, be equal). The Option Agreement
may provide that from time to time during each of such installment periods, the Option may become exercisable (“vest”) with respect to some or all of the shares allotted to that period, and may be exercised with respect to some or all of
the shares allotted to such period and/or any prior period as to which the Option became vested but was not fully exercised. The Option may be subject to such other terms and conditions on the time or times when it may be exercised (which may be
based on performance or other criteria) as the Board may deem appropriate. The provisions of this subsection 6(e) are subject to any Option provisions governing the minimum number of shares as to which an Option may be exercised.

  
 (f)  Termination of Employment or Relationship as a Consultant.    In
the event an Optionee’s Continuous Status as an Employee or Consultant terminates (other than upon the Optionee’s death or disability), the Optionee may exercise his or her Option (to the extent that the Optionee was entitled to exercise
it as of the date of termination) but only within such period of time ending on the earlier of (i) the date three (3) months after the termination of the Optionee’s Continuous Status as an Employee or Consultant (or such longer or shorter
period specified in the Option Agreement), or (ii) the expiration of the term of the Option as set forth in the Option Agreement. If, at the date of termination, the Optionee is not entitled to exercise his or her entire Option, the shares covered
by the unexercisable portion of the Option shall revert to and again become available for issuance under the Plan. If, after termination, the Optionee does not exercise his or her Option within the time specified in the Option Agreement, the Option
shall terminate, and the shares covered by such Option shall revert to and again become available for issuance under the Plan. 
  
 An Optionee’s Option Agreement may also provide that if the exercise of the Option following the termination of the Optionee’s Continuous Status as an Employee or Consultant (other than upon the Optionee’s
death or disability) would result in liability under Section 16(b) of the Exchange Act, then the Option shall terminate on the earlier of (i) the expiration of the term of the Option set forth in the Option Agreement, or (ii) the tenth (10th) day
after the last date on which such exercise would result in such liability under Section 16(b) of the Exchange Act. Finally, an Optionee’s Option Agreement may also provide that if the exercise of the Option following the termination of the
Optionee’s Continuous Status as an Employee or Consultant (other than upon the Optionee’s death or disability) would be prohibited at any time solely because the issuance of shares would violate the registration requirements under the Act,
then the Option shall terminate on the earlier of (i) the expiration of the term of the Option set forth in the first paragraph of this subsection 6(f), or (ii) the expiration of a period of thirty (30) days after the termination of the
Optionee’s Continuous Status as an Employee or Consultant during which the exercise of the Option would not be in violation of such registration requirements. 

  
 (g)  Disability of Optionee.    In
the event an Optionee’s Continuous Status as an Employee or Consultant terminates as a result of the Optionee’s disability, the Optionee may exercise his or her Option (to the extent that the Optionee was entitled to exercise it as of the
date of termination), but only within such period of time ending on the earlier of (i) the date twelve (12) months following such termination (or such longer or shorter period specified in the Option Agreement), or (ii) the expiration of the term of
the Option as set forth in the Option Agreement. If, at the date of termination, the Optionee is not entitled to exercise his or her entire Option, the shares covered by the unexercisable portion of the Option shall revert to and again become
available for issuance under the Plan. If, after termination, the Optionee does not exercise his or her Option within the time specified herein, the Option shall terminate, and the shares covered by such Option shall revert to and again become
available for issuance under the Plan. 
  
 (h)  Death of
Optionee.    In the event of the death of an Optionee during, or within a period specified in the Option Agreement after the termination of, the Optionee’s Continuous Status as an Employee or Consultant, the Option may
be exercised (to the extent the Optionee was entitled to exercise the Option as of the date of death) by the Optionee’s estate, by a person who acquired the right to exercise the Option by bequest or inheritance, but only within the period
ending on the earlier of (i) the date eighteen (18) months following the date of death (or such longer or shorter period specified in the Option Agreement), or (ii) the expiration of the term of such Option as set forth in the Option
Agreement. If, at the time of death, the Optionee was not entitled to exercise his or her entire Option, the shares covered by the unexercisable portion of the Option shall revert to and again become available for issuance under the Plan. If, after
death, the Option is not exercised within the time specified herein, the Option shall terminate, and the shares covered by such Option shall revert to and again become available for issuance under the Plan. 
  

	7.
	 
	TERMS OF STOCK BONUSES AND PURCHASES OF
RESTRICTED STOCK. 
 

  
 Each stock bonus or restricted stock
purchase agreement shall be in such form and shall contain such terms and conditions as the Board or the Committee shall deem appropriate. The terms and conditions of stock bonus or restricted stock purchase agreements may change from time to time,
and the terms and conditions of separate agreements need not be identical, but each stock bonus or restricted stock purchase agreement shall include (through incorporation of provisions hereof by reference in the agreement or otherwise) the
substance of each of the following provisions as appropriate: 
  
 (a)  Purchase
Price.    The purchase price under each restricted stock purchase agreement shall be such amount as the Board or Committee shall determine and designate in such agreement, but in no event shall the purchase price be less than
the stock’s Fair Market Value on the date such award is made. Notwithstanding the foregoing, the Board or the Committee may determine that eligible participants in the Plan may be awarded stock pursuant to a stock bonus agreement in
consideration for past services actually rendered to the Company or for its benefit. 

  
 (b)  Transferability.    No rights
under a stock bonus or restricted stock purchase agreement shall be transferable except by will or the laws of descent and distribution, unless the applicable Stock Award Agreement expressly provides for other transferability. 

 
 (c)  Consideration.    The purchase price of stock acquired pursuant to a stock
purchase agreement shall be paid either: (i) in cash at the time of purchase; (ii) at the discretion of the Board or the Committee, according to a deferred payment or other arrangement, except that payment of the common stock’s “par
value” (as defined in the Delaware General Corporation Law) shall not be made by deferred payment or other arrangement, (which may include, without limiting the generality of the foregoing, the use of other common stock of the Company) with the
person to whom the stock is sold; or (iii) in any other form of legal consideration that may be acceptable to the Board or the Committee in its discretion. Notwithstanding the foregoing, the Board or the Committee to which administration of the Plan
has been delegated may award stock pursuant to a stock bonus agreement in consideration for past services actually rendered to the Company or for its benefit. In any event, the purchase price of stock acquired pursuant to either a stock purchase
agreement or a stock bonus agreement shall equal or exceed the par value of the stock acquired pursuant to such agreement. 
  
 (d)  Vesting.    Shares of stock sold or awarded under the Plan may, but need not, be subject to a repurchase option in favor of the Company in accordance with a vesting schedule to be
determined by the Board or the Committee. 
  
 (e)  Termination of Employment or
Relationship as a Consultant.    In the event a Participant’s Continuous Status as an Employee or Consultant terminates, the Company may repurchase or otherwise reacquire, subject to the limitations described in
subsection 7(d), any or all of the shares of stock held by that person which have not vested as of the date of termination under the terms of the stock bonus or restricted stock purchase agreement between the Company and such person.

  

	8.
	 
	COVENANTS OF THE COMPANY. 
 

  
 (a)  During the terms of the Stock Awards, the Company shall keep available at all times the number of shares of stock
required to satisfy such Stock Awards. 
  
 (b)  The Company shall seek to obtain from each
regulatory commission or agency having jurisdiction over the Plan such authority as may be required to issue and sell shares of stock upon exercise of the Stock Award; provided, however, that this undertaking shall not require the Company to
register under the Securities Act of 1933, as amended (the “Securities Act”) either the Plan, any Stock Award or any stock issued or issuable pursuant to any such Stock Award. If, after reasonable efforts, the Company is unable to obtain
from any such regulatory commission or agency the authority which counsel for the Company deems necessary for the lawful issuance and sale of stock under the Plan, the Company shall be relieved from any liability for failure to issue and sell stock
upon exercise of such Stock Awards unless and until such authority is obtained. 

  

	9.
	 
	USE OF PROCEEDS FROM STOCK. 
 

  
 Proceeds from the sale of stock pursuant to Stock Awards shall constitute general funds of the Company. 
  

	10.
	 
	MISCELLANEOUS. 
 

  
 (a)  The Board shall have the power to accelerate the time at which a Stock Award may first be exercised or the time during which a Stock Award or any part thereof will vest pursuant
to subsection 6(e) or 7(d), notwithstanding the provisions in the Stock Award stating the time at which it may first be exercised or the time during which it will vest. 
  
 (b)  Neither an Employee or Consultant nor any person to whom a Stock Award is transferred under subsection 6(d) or 7(b) shall be deemed to be the holder
of, or to have any of the rights of a holder with respect to, any shares subject to such Stock Award unless and until such person has satisfied all requirements for exercise of the Stock Award pursuant to its terms. 
  
 (c)  Nothing in the Plan or any instrument executed or Stock Award granted pursuant thereto shall confer upon any
Employee, Consultant or other holder of Stock Awards any right to continue in the employ of the Company or any Affiliate (or to continue acting as a Consultant) or shall affect the right of the Company or any Affiliate to terminate the employment of
any Employee with or without cause or to terminate the relationship of any Consultant subject to the terms of that Consultant’s agreement with the Company or Affiliate to which such Consultant is providing services. 

 
 (d)  Securities Law Compliance.    The Company may require any person to whom a Stock
Award is granted, or any person to whom a Stock Award is transferred pursuant to subsection 6(d) or 7(b), as a condition of exercising or acquiring stock under any Stock Award, (i) to give written assurances satisfactory to the Company as to such
person’s knowledge and experience in financial and business matters and/or to employ a purchaser representative reasonably satisfactory to the Company who is knowledgeable and experienced in financial and business matters, and that he or she is
capable of evaluating, alone or together with the purchaser representative, the merits and risks of exercising the Stock Award; and (ii) to give written assurances satisfactory to the Company stating that such person is acquiring the stock subject
to the Stock Award for such person’s own account and not with any present intention of selling or otherwise distributing the stock. The foregoing requirements, and any assurances given pursuant to such requirements, shall be inoperative if (i)
the issuance of the shares upon the exercise or acquisition of stock under the Stock Award has been registered under a then currently effective registration statement under the Securities Act, or (ii) as to any particular requirement, a
determination is made by counsel for the Company that such requirement need not be met in the circumstances under the then applicable securities laws. The Company may require the holder of the Stock Award to provide such other representations,
written assurances or information which the Company shall determine is necessary, desirable or appropriate to comply with applicable securities and other laws as a condition of granting a Stock Award to such person or permitting the holder of the
Stock Award to exercise the Stock Award. The Company may, upon advice of counsel to the Company, place legends on stock certificates issued under the Plan as such counsel deems necessary or appropriate in order to comply with applicable securities
laws, including, but not limited to, legends restricting the transfer of the stock. 

  
 (e)  Withholding.    To the extent
provided by the terms of a Stock Award Agreement, the person to whom a Stock Award is granted may satisfy any federal, state or local tax withholding obligation relating to the exercise or acquisition of stock under a Stock Award by any of the
following means or by a combination of such means: (i) tendering a cash payment; (ii) authorizing the Company to withhold shares from the shares of the common stock otherwise issuable to the participant as a result of the exercise or acquisition of
stock under the Stock Award; or (iii) delivering to the Company owned and unencumbered shares of the common stock of the Company.  
  

	11.
	 
	ADJUSTMENTS UPON CHANGES IN STOCK. 
 

  
 (a)  If any change is made in the stock subject to the Plan, or subject to any Stock Award, without the receipt of
consideration by the Company (through merger, consolidation, reorganization, recapitalization, reincorporation, stock dividend, dividend in property other than cash, stock split, liquidating dividend, combination of shares, exchange of shares,
change in corporate structure or other transaction not involving the receipt of consideration by the Company), the Plan will be appropriately adjusted in the type(s) and the maximum number of securities subject to the Plan pursuant to subsection
4(a), and the outstanding Stock Awards will be appropriately adjusted in the type(s) and number of securities and price per share of stock subject to such outstanding Stock Awards. Such adjustments shall be made by the Board or the Committee, the
determination of which shall be final, binding and conclusive. (The conversion of any convertible securities of the Company shall not be treated as a “transaction not involving the receipt of consideration by the Company.”)

  
 (b)  In the event of: (i) a dissolution or liquidation of the Company; (ii) a merger or
consolidation in which the Company is not the surviving corporation; (iii) a reverse merger in which the Company is the surviving corporation but the shares of the Company’s common stock outstanding immediately preceding the merger are
converted by virtue of the merger into other property, whether in the form of securities, cash or otherwise; or (iv) any other capital reorganization in which more than fifty percent (50%) of the shares of the Company entitled to vote are exchanged,
then, at the sole discretion of the Board and to the extent permitted by applicable law: (A) any surviving corporation shall assume any Stock Awards outstanding under the Plan or shall substitute similar Stock Awards for those outstanding under the
Plan, (B) such Stock Awards shall continue in full force and effect, or (C) any outstanding unexercised rights under any Stock Awards shall be terminated if not exercised prior to such event, provided, however, that with respect to Stock Awards then
held by persons performing services for the Company or an Affiliate, the time during which such Stock Awards become vested or may be exercised shall be accelerated prior to such termination. 

  
 (c)  In the event a change in control (as hereinafter defined)
occurs at the Company and, within one (1) year of such change in control, an Optionee’s employment with the Company and its Affiliates is terminated other than for cause (as hereinafter defined) Options held by such terminated Employee may be
exercised in full following such termination without regard to the vesting limitations to which such Options are otherwise subject. For the purposes of the foregoing, a “change in control” shall have occurred if (i) any person (as defined
in Section 13 of the Exchange Act) acquires shares, other than directly from the Company, and thereby becomes the owner of more than thirty percent (30%) of the Company’s outstanding shares (on a fully diluted basis) or (ii) the Company enters
into a merger (other than one in connection with a voluntary change of corporate domicile or similar reorganization or recapitalization transaction) in which the stockholders of the Company (determined immediately prior to the merger) do not own at
least fifty percent (50%) of the outstanding shares of the surviving entity after the merger. For purposes of the foregoing, a termination shall be deemed to have been made for “cause” in the event the Optionee’s employment is
terminated for any of the following reasons: (A) the Optionee’s continued failure to substantially perform his duties with the Company or its Affiliates, (B) the engaging by the Optionee in gross misconduct materially and demonstrably injurious
to the Company, its Affiliates or their Employees, or (C) illicit drug use or habitual alcohol use, or (D) the commission by the Optionee of any felony. 
  

	12.
	 
	AMENDMENT OF THE PLAN AND STOCK AWARDS.

 

  
 (a)  The Board at any time, and from time to time, may amend the Plan.
 
  
 (b)  The Board may, in its sole discretion, submit the Plan and/or any amendment to the
Plan for stockholder approval. 
  
 (c)  It is expressly contemplated that the Board may amend
the Plan in any respect the Board deems necessary or advisable to provide those eligible with the maximum benefits provided or to be provided under the provisions of the Code and the regulations promulgated thereunder. 

 
 (d)  Rights and obligations under any Stock Award granted before amendment of the Plan shall not be impaired
by any amendment of the Plan unless (i) the Company requests the consent of the person to whom the Stock Award was granted and (ii) such person consents in writing. 
  
 (e)  The Board at any time, and from time to time, may amend the terms of any one or more Stock Award; provided, however, that the rights and obligations
under any Stock Award shall not be impaired by any such amendment unless (i) the Company requests the consent of the person to whom the Stock Award was granted and (ii) such person consents in writing. 

  

	13.
	 
	TERMINATION OR SUSPENSION OF THE PLAN. 

  
 (a)  The Board may suspend or terminate the Plan at any time. Unless sooner terminated, the
Plan shall terminate on November 10, 2006, which shall be within ten (10) years from the date the Plan is adopted by the Board. No Stock Awards may be granted under the Plan while the Plan is suspended or after it is terminated. 

 
 (b)  Rights and obligations under any Stock Award granted while the Plan is in effect shall not be impaired by
suspension or termination of the Plan, except with the written consent of the person to whom the Stock Award was granted.  
  

	14.
	 
	EFFECTIVE DATE OF PLAN. 
 

  
 The Plan shall become effective on November 11, 1996.

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