Document:

Exhibit 10.3

                           EXCLUSIVE LICENSE AGREEMENT

     THIS  AGREEMENT  ("Agreement")  is made and  entered  into as of 2 May 2007
("Effective Date"), by and between MOTORSPORTS  EMPORIUM INC. ("MSEM"), a Nevada
corporation,  located at 7525 E William Dr., Suite B,  Scottsdale,  AZ 85255 and
AXIA GROUP,  INC., a Nevada  corporation,  located at 5520  Wellesley St., Suite
109, La Mesa, CA 91942 ("AXIA").

                                   WITNESSETH:

     In consideration of the mutual covenants and conditions  herein  contained,
the sufficiency and receipt of which are hereby acknowledged and intending to be
legally bound hereby, MSEM and AXIA mutually agree as follows:

1. DEFINITIONS.

"Certified   Performance"  shall  mean  the  minimum  product   manufacture  and
performance  specifications  to be agreed  between  AXIA and MSEM to be added as
Exhibit A to this Agreement when completed.

"Commencement  Date"  shall  mean that  first  date that the  initial  Certified
Performance standards, the Technology pricing, Technology delivery terms and any
other Technology  parameters specified under this Agreement shall be established
and agreed to between the parties in writing.

"Confidential Information" shall mean any and all information or portion thereof
disclosed  to or  otherwise  acquired  or  observed by  Receiving  Party  either
directly or indirectly from the Disclosing  Party,  including but not limited to
inventions,  improvements,  copyrights,  copyrightable  materials  enhancements,
modifications,  discoveries, claims, formulae, processes, apparatuses, research,
development,  Patents, Technical Information,  Intellectual Property,  know-how,
trade secrets,  knowledge,  designs, drawings,  specifications,  concepts, data,
reports, methods, documentation, methodology, pricing, marketing plans, customer
lists,  salaries or business  affairs,  and any other  information  or knowledge
owned or developed by the Disclosing  Party,  except for  information  which the
Receiving Party can demonstrate:  (i) was at the time of disclosure to Receiving
Party part of the public domain or thereafter  becomes part of the public domain
through no act or omission by  Receiving  Party;  (ii) was lawfully in Receiving
Party's  possession  as shown in  written  records  prior to  disclosure  by the
Disclosing  Party  and  without   obligation  of   confidentiality;   (iii)  was
independently  developed by Receiving Party without any breach of this Agreement
or, in the case of AXIA, was independently  developed without the use or benefit
of the  Technology  or  Intellectual  Property  of MSEM;  or (iv)  was  lawfully
received by the  Receiving  Party after  disclosure  from a third party  without

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obligation of  confidentiality  and without  violation by said third party of an
obligation of confidentiality to another party.

"Customers" shall mean any party to whom AXIA markets,  distributes or sells the
Technology or services related to the Technology.

"Demonstration  Systems"  shall  mean  Technology  sold by AXIA for  promotional
purposes,  where MSEM and AXIA agree in advance that the sale is for the purpose
of demonstrating the technology and reliability of the system for a Customer.

"Disclosing  Party"  shall  mean  the  party  which is  disclosing  Confidential
Information to the other party.

"Intellectual  Property" shall mean any  copyrightable or copyrighted  materials
(including  software,  specifications  and manuals),  Patents  and/or  Technical
Information which is embedded in,  incorporated into or are used in the creation
of or in conjunction with the Technology.

"Plant"  shall mean a complete  operational  manufacturing  system  based on the
Technology.

"Patents" shall mean all current and future patent or patent  application in any
country in the Territory owned by or licensed to MSEM,  including any extensions
or future extension mechanisms,  including Supplementary Protection Certificates
or  the  equivalent  thereof,  renewals,  continuations,  continuations-in-part,
divisions, patents-of-additions, and/or re-issues thereof, which contains one or
more claims covering any part of the Technology.

"Technology" shall mean the machinery,  plants,  panels and construction methods
utilizing the systems and Technology as specified in Exhibit C, attached hereto,
which  Exhibit may be  modified  from time to time by MSEM,  with prior  written
notice to AXIA.

"Receiving  Party" shall the party which is receiving  Confidential  Information
from the other party.

"Technical   Information"  shall  mean  unpublished   research  and  development
information,   unpatented  inventions,   know-how,  trade  secrets,  techniques,
practices and technical  data owned by or under the control of MSEM and provided
by MSEM to AXIA which are necessary or useful for the commercial exploitation of
Technology,  and which are not generally publicly known. "Technical Information"
shall not include any material that was independently  developed by or on behalf
of AXIA without any breach of this  Agreement  and without the use or benefit of
the Technology or Intellectual Property of MSEM.

"Territory" and/or  Territories shall mean the countries of Sri Lanka,  Pakistan
and, nonexclusively, parts of India, as set forth in Exhibit A, attached herein.

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2. APPOINTMENT AND RIGHTS.

     (a) Pursuant to the terms of this Agreement, MSEM hereby grants AXIA (i) an
exclusive, transferable, revocable right to use, market, sell and distribute the
Technology to Customers in the Territory.

     (b) AXIA may use MSEM's trademarks, service marks and trade names listed in
Exhibit  B,  attached  hereto  (the  "Trademarks"),   in  the  Territory,  on  a
non-exclusive  basis only for the term of this  Agreement and solely for display
or advertising purposes in connection with marketing,  selling, and distributing
the Technology in accordance with this Agreement.  AXIA shall not at any time do
or permit  any act to be done  which may in any way impair the rights of MSEM in
the Trademarks.

     (c) If AXIA  receives  any  request  from a  prospective  purchaser  of the
Technology  or  energy  generated  from  the  Technology   located  outside  the
Territory,  AXIA shall  immediately refer that request to MSEM and MSEM and AXIA
shall mutually agree to the disposition of that request.

     (d) AXIA shall all reasonable efforts to promote the sale of the Technology
in the Territory.

     (e) It is the  intent of the  parties  to this  Agreement  that the  rights
granted  to AXIA  under  this  Section 2 are  contingent  upon AXIA  purchasing,
producing  and or selling a certain  amount of  Technology  as per Schedule D of
this agreement for the initial  twenty-four  (24) month period  beginning on the
Commencement  Date and  continuing  thereafter  Failure  to meet such a standard
shall constitute a default as defined in Section 10 (b).

3. OWNERSHIP.

     (a) AXIA acknowledges that the Intellectual Property and the Trademarks are
the  property  of MSEM and/or  MSEM's  licensors  and nothing in this  Agreement
hereby grants AXIA any ownership to the Intellectual  Property  (including,  but
not limited to, any  Technology  Technology,  Technology-related  Materials  and
Source  Materials)  or the  Trademarks.  MSEM shall retain all right,  title and
interest in and to the  Intellectual  Property and the Trademarks.  No rights or
licenses with respect to the Intellectual Property or the Trademarks are granted
or deemed granted hereunder or in connection herewith.

     (b) AXIA may not, nor allow any third party, including any Customer, to (i)
decompile,   disassemble  or  reverse  engineer  the  Intellectual  Property  or
Technology, or (ii) remove the Intellectual Property from the Technology for any
purpose  whatsoever.  The copyright notices and other proprietary  legends shall
not be removed from the Technology or any Intellectual  Property.  Any agreement
between AXIA and Customer relating to the Technology shall specifically  provide
that Customer covenants to the foregoing provisions of this Section 3(b).

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     (c) AXIA may not (i) sell, market or distribute, or (ii) use (or permit any
third party,  including the Customers,  to use) the Intellectual Property except
as such  Intellectual  Property  is used in,  contained  and/or  embedded in the
Technology.

     (d) In order to comply with MSEM's quality control  standards,  AXIA shall:
(i) use the  Trademarks  in compliance  with all relevant laws and  regulations;
(ii) obtain MSEM`s prior written  approval of each such use;  (iii) provide MSEM
with samples of promotional materials on which the Trademarks have been affixed,
in order to confirm that AXIA's use of such  Trademarks  is in  compliance  with
this Agreement; and (iv) not modify any of the Trademarks in any way and not use
any of the Trademarks on or in connection  with any goods or services other than
the Technology.  Once a use is approved by MSEM for a particular trademark, AXIA
shall not be required to seek permission for identical uses of such Trademark.

4. PURCHASE ORDERS, PRICING, SHIPMENT AND ACCEPTANCE.

     (a) AXIA shall provide MSEM,  during the term of this Agreement,  a written
forecast  of  projected  sales  each  December  for  the  preceding  twelve  and
twenty-four  months.  Such  forecasts  shall  be  non-binding  and  shall be for
information purposes only.

     (b) AXIA may,  from time to time,  place  purchase  orders with MSEM.  Each
purchase order shall contain relevant information, including without limitation,
the  Technology  pricing,  the  amount  of  Technology  to be  ordered,  payment
schedule, including the amount of down payment for the Technology to be advanced
by AXIA, delivery location, Customer name, cancellation fees and delivery.

     (c) AXIA  shall  have  the  right at any  time to  request  changes  in the
drawings, designs,  specifications,  quantities, and delivery schedules, methods
of shipment or packaging and place of  inspection or acceptance  and/or point of
delivery  of any item in purchase  orders and MSEM agrees to respond  within ten
(10) business days to such request.

5. FEES.

     (a) In  consideration  for the licenses  granted in Sections  2(a) and 2(b)
above,  AXIA shall pay MSEM  $100,000,00  ("the Initial Fee").  This Initial Fee
shall grant AXIA exclusive  rights to the Territories for a 2 year period.  This
Initial Fee shall be waived in  consideration  of the terms and  conditions  set
forth herein.

     (b) All amounts due and owing to MSEM hereunder but not paid to MSEM on the
due date thereof shall bear interest (in U.S. Dollars) at the rate of the lesser
of: (i) one per cent (1%) per month;  and (ii) the maximum lawful  interest rate
permitted  under  applicable  law unless (a) MSEM is in breach of this Agreement
relating to the particular purchase order or (b) the parties are in a good faith
dispute  regarding the  Technology for which payment is due. Such interest shall
accrue on the balance of unpaid amounts from time to time  outstanding  from the
date on which  portions  of such  amounts  become  due and owing  until  payment
thereof in full.

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     (c) All payments due hereunder  shall be paid in U.S.  dollars and shall be
originated  from a United  States bank located in the United States and shall be
made by bank wire  transfer  in  available  funds to such  account as MSEM shall
designate  before  such  payment is due.  For the sole  purpose  of  calculating
royalties  due to MSEM for sales by AXIA in any currency  other than US dollars,
such currency shall be converted to US dollars and shall be calculated using the
appropriate  foreign  exchange rate for such currency  quoted by the WALL STREET
JOURNAL,  on the close of  business on the last  business  day of each month for
payments under and 5 (c).

     (d)  Taxes  now or  hereafter  imposed  with  respect  to the  transactions
contemplated  hereunder  (with  the  exception  of income  taxes or other  taxes
imposed  upon MSEM and measured by the gross or net income of MSEM) shall be the
responsibility  of AXIA,  and if paid or required to be paid by MSEM, the amount
thereof  shall be added to and  become  a part of the  amounts  payable  by AXIA
hereunder.

     (e) AXIA  agrees  that for a period of two  years  after  delivery  of each
written statement  referred to in Section 5(d), AXIA shall keep at its principal
place of business complete records of applicable  revenues generated by AXIA and
other  information  necessary  to permit  MSEM to confirm  the  accuracy  of the
revenues generated,  and to make regular entries in such records at its earliest
business  convenience for the purpose of determining  the revenues  generated by
AXIA  pursuant to Section 5(d) above.  For the sole purpose of verifying  AXIA's
performance of AXIA's obligation to make payments hereunder,  MSEM will have the
right to examine  AXIA's  records  reflecting  such revenue  generated and other
information,  provided, that such examination is made within two years after the
close  of the  calendar  year in  respect  of which  AXIA's  records  are  being
examined,  conducted during AXIA's normal business hours, made after thirty (30)
days'  advance  written  notice  to AXIA  and  limited  to no more  than one (1)
examination in any calendar year. The results of such examination  shall be made
available to both  parties but shall be AXIA's  Confidential  Information.  MSEM
shall bear the full cost of the performance of any such examination, unless such
examination  discloses a variance of more than ten percent (10%) from the amount
paid as per the original report or payment calculation. In such case, AXIA shall
bear the cost of the  examination.  AXIA or MSEM shall promptly pay to the other
party any variance  disclosed in any such examination,  including the reasonable
cost of examination as may be applicable.

6. RELATIONSHIP OF THE PARTIES.

     (a)  AXIA  shall be  considered  an  independent  contractor  of MSEM.  The
relationship between MSEM and AXIA shall not be construed to be that of employer
and employee,  nor to constitute an agency of any kind. Neither party shall have
any  right to enter  into any  contracts  or  commitments  in the name of, or on
behalf  of,  the  other  party,  or to  bind  the  other  party  in any  respect
whatsoever. AXIA shall be solely responsible for the payment of all compensation
to AXIA's  employees,  and agents,  including  provisions for employment  taxes,
workmen's  compensation  and any similar  taxes  associated  with  employment of
AXIA's personnel. AXIA's employees shall not be entitled to any benefits paid or
made available by MSEM to its employees.

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     (b) AXIA shall pay all of its expenses in  connection  with this  Agreement
and the  transaction  contemplated  hereby,  including  without  limitation  all
marketing costs, distribution costs, travel, lodging and entertainment expenses,
incurred in connection with its activities  hereunder.  MSEM shall not reimburse
AXIA for any of those expenses.

     (c) In  addition,  AXIA shall not  obligate or purport to obligate  MSEM by
issuing or making any  affirmations,  representations,  warranties or guaranties
with respect to the Technology to any third party,  other than the affirmations,
representations,  warranties or guaranties  made by MSEM in this Agreement or in
any other written document provided by MSEM for such purpose,  including without
limitation  the  Certified   Performance   specifications   applicable  to  such
Technology.

     (d) The parties acknowledge that MSEM has represented to AXIA its intention
to produce  Technology  for AXIA for the markets  intended by this Agreement and
that the Technology are intended to meet the Certified  Performance and terms of
Section 7(b).

     (e) The parties acknowledge that AXIA has represented to MSEM its intention
to actively  market and sell  Technology  to Customers in  accordance  with this
Agreement.

7. WARRANTIES.

     (a) Each party  represents  and warrants that (i) it is a corporation  duly
organized,  validly existing and in good standing under the laws of the State of
Nevada and it has full  corporate  power and authority to own its properties and
to conduct the businesses in which it is now engaged; (ii) it has full corporate
power and authority to execute and deliver this  Agreement and to perform all of
its  obligations  hereunder,  and no consent or approval of any other  person or
governmental  authority is required  therefore and the execution and delivery of
this Agreement by such party, the performance by such party of its covenants and
agreements  hereunder  and the  consummation  by such party of the  transactions
contemplated  hereby have been duly authorized by all necessary corporate action
and this Agreement  constitutes a valid and legally  binding  obligation of such
party,  enforceable against it in accordance with its terms; (iii) the execution
and  delivery  of  this  Agreement,   the   consummation  of  the   transactions
contemplated  hereby,  or the conduct or affairs of the  principal  officers and
directors  of such party does not violate any  provision of the  Certificate  of
Incorporation  or  By-Laws  of  such  party  or  any  law,  statute,  ordinance,
regulation,  order,  judgment or decree of any court or governmental agency; and
(iv) such party shall adhere to all applicable  foreign and U.S. laws, rules and
regulations,  including  but not limited to any laws  relating to export  and/or
import of materials  and  technology  and laws  relating to the Foreign  Corrupt
Practices  Act.  AXIA further  warrants that it has or will obtain all necessary
materials needed to use and/or market, sell and distribute the Technology in the
Territory.  AXIA agrees and  acknowledges  that it will  diligently  monitor all
applicable laws with respect to countries and territories that are or may become
restricted with respect to AXIA's rights hereunder.

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     (b) MSEM warrants and represents to AXIA that the  Technology,  in the form
delivered by MSEM to AXIA, shall (i) materially conform to the written Certified
Performance specifications,  applicable for such Technology provided by MSEM and
approved  by  AXIA,  for a  period  of  twelve  (12)  months  from  the  date of
installation  of such  Technology by MSEM at the  appropriate  site, and (ii) be
free and clear of all liens, claims, encumbrances and other similar restrictions
(other than any  security  interest  retained by MSEM to secure  payment for the
Technology).

     (c) MSEM  additionally  warrants and represents to AXIA (i) that it has the
right enter into this  Agreement,  (ii) that, to its  knowledge,  the use of the
Technology,  the  Intellectual  Property and the Trademarks in the Field by AXIA
does not infringe or misappropriate  any third party's  copyright,  trademark or
patent or any other  intellectual  property  rights in the Territory,  and (iii)
that to its  knowledge,  there is  neither  pending  nor  threatened  any claim,
litigation  or  proceeding  in any way  contesting  MSEM's  rights to any of the
Intellectual  Property or any of the  Technology  or  attacking  the validity or
enforcement of the Intellectual Property.

     (d) In the event of a breach of any warranty  specified in Section  7(b)(i)
above,  MSEM shall,  at AXIA's  option,  (i) correct such  non-conformity,  (ii)
replace the  nonconforming  Technology or part thereof,  or (iii) refund amounts
paid by AXIA for such  nonconforming  Technology.  The remedy  selected  by AXIA
shall be its sole and  exclusive  remedy for breach of such  warranty  and is in
lieu of any other remedy available  hereunder or of law or in equity. AXIA shall
(y) provide  MSEM with prompt  written  notice of any claim under  Section  7(b)
above,  which notice must identify  with  particularity  the specific  breach of
warranty;  and (z) fully cooperate with MSEM in all reasonable respects relating
thereto to locate and reproduce the non-conformity.

     (E) OTHER THAN AS EXPRESSLY PROVIDED FOR IN THIS SECTION 7, MSEM EXTENDS NO
REPRESENTATION,  WARRANTY OR CONDITION,  EXPRESS OR IMPLIED,  WRITTEN OR ORAL TO
AXIA  AND  MSEM  HEREBY  DISCLAIMS  ALL  SUCH  REPRESENTATIONS,  WARRANTIES  AND
CONDITIONS,   INCLUDING  ALL  IMPLIED  WARRANTIES  OF  TITLE,  NON-INFRINGEMENT,
MERCHANTIBILITY AND FITNESS FOR A PARTICULAR PURPOSE.

     (f) AXIA  warrants  and  represents  to MSEM that it will  comply  with all
applicable  federal,  state and local laws, in the country  having  jurisdiction
including without  limitation any environmental  laws,  applicable to the use of
the Technology in the Field.

8. LIMITATIONS ON LIABILITY.

     (a) EXCEPT FOR THE PARTIES' INDEMNIFICATION  OBLIGATIONS, IN NO EVENT SHALL
EITHER PARTY BE LIABLE TO THE OTHER,  OR TO ANY CUSTOMERS OR OTHER THIRD PARTIES
FOR SPECIAL, INCIDENTAL,  CONSEQUENTIAL,  EXEMPLARY OR OTHER INDIRECT DAMAGES OR
FOR LOSS OF  PROFITS,  LOSS OF DATA OR LOSS OF USE  DAMAGES  ARISING  OUT OF THE

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MANUFACTURE,  SALE OR  SUPPLYING  OF THE  TECHNOLOGY,  OR  FAILURE  OR  DELAY IN
SUPPLYING THE TECHNOLOGY,  WHETHER BASED UPON WARRANTY,  CONTRACT,  TORT, STRICT
LIABILITY OR OTHERWISE.

     (b)  EXCEPT  FOR  THE  PARTIES'  INDEMNIFICATION   OBLIGATIONS  UNDER  THIS
AGREEMENT,  IN NO EVENT  SHALL  EITHER  PARTY'S  LIABILITY  ARISING  OUT OF THIS
AGREEMENT,  WHETHER BASED UPON WARRANTY,  CONTRACT,  TORT,  STRICT  LIABILITY OR
OTHERWISE,  EXCEED  THE  GREATER  OF (I) THE  AGGREGATE  PRICE  PAID BY AXIA FOR
TECHNOLOGY UNDER THIS AGREEMENT FOR THE IMMEDIATE TWELVE (12) MONTH PERIOD PRIOR
TO THE CLAIM THAT GAVE RISE TO THE LIABILITY, OR (II) THE PRICE PAID BY AXIA FOR
THE TECHNOLOGY GIVING RISE TO SUCH LIABILITY.

     (c) IN NO EVENT WILL MSEM BE LIABLE  HEREUNDER TO AXIA,  CUSTOMERS OR OTHER
THIRD PARTIES FOR ANY OF THE FOLLOWING:  (I) DAMAGES CAUSED BY AXIA'S FAILURE TO
PERFORM ITS COVENANTS AND  RESPONSIBILITIES;  (II) DAMAGES CAUSED BY IMPROPER OR
DEFECTIVE INSTALLATIONS OF THE TECHNOLOGY. (III) DAMAGES CAUSED BY THE SUPPLY OF
TECHNOLOGY  BY AXIA FOR USE IN, OR THE USE OF THE  TECHNOLOGY  IN, ANY SYSTEM OR
CONFIGURATION NOT DESIGNED TO ---- STANDARDS, OR ANY SYSTEM OR CONFIGURATION FOR
WHICH AXIA OR ANY CUSTOMER HAS SUBSTITUTED  MATERIALS AND/OR GOODS NOT SPECIFIED
BY MSEM; (IV) DAMAGES DUE TO DETERIORATION  DURING PERIODS OF STORAGE BY AXIA OR
THE CUSTOMERS; OR (VI) ANY ACCIDENT, NEGLECT, DISASTER, OR MISUSE WHICH DIRECTLY
OR INDIRECTLY AND CAUSES THE FAILURE OF THE TECHNOLOGY.

     (d) The limitations of liability reflect the allocation of risk between the
parties. The limitations specified in this Section 8 will survive and apply even
if any limited remedy specified in this Agreement is found to have failed of its
essential purpose.

     (e) An action  for breach of this  Agreement  may not be brought by MSEM or
AXIA more than one (1) year after the cause of action has accrued.

9. INDEMNIFICATION.

     (a) MSEM shall indemnify,  defend and hold harmless AXIA and its respective
officers,   directors,   shareholders,   and  employees,   (collectively   "AXIA
Indemnitees")  against  all  damages,  claims,  liabilities,  losses  and  other
expenses,  including  without  limitation  reasonable  attorneys' fees and costs
awarded  against AXIA by a court of competent  jurisdiction  pursuant to a final
judgment  in favor of a third  party  claimant,  that arise out of (i) any claim
that  AXIA's  authorized  use  of  the  Technology  hereunder  the  Intellectual
Property,  or any part  thereof,  infringes or violates  any such third  party's
copyrights,  trademarks,  patents, or any other intellectual  property rights in

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the  Territory,  and (ii) any grossly  negligent  act or  omission of MSEM,  its
authorized agents or subcontractors.

Should  the  Intellectual  Property,  or any part  thereof,  become or in MSEM's
reasonable  opinion,  upon  consultation  with counsel,  be likely to become the
subject of any infringement  claim for which MSEM is obligated to indemnify AXIA
pursuant this Section 9(a), then MSEM may,  without  additional cost to AXIA and
in MSEM's sole discretion,  following discussion with AXIA, (a) procure for AXIA
the right to continue  using the  Technology or  Intellectual  Property  without
liability of any kind;  (b) modify the  Technology or  Intellectual  Property so
they are not infringing without loss of functionality or increased costs of use,
operation  or  maintenance;  and/or (c) replace the  infringing  portions of the
Technology or Intellectual Property with non-infringing substitutes without loss
of functionality or increased costs of use, operation or maintenance

MSEM shall have no  obligation  under  Section 9(a) or other  liability  for any
infringement or misappropriation  claim resulting or alleged to result from: (i)
use of the  Technology  in any system or  configuration  not  designed to MSEM's
standards,  or any system or  configuration  for which AXIA or any  Customer has
substituted  materials  and/or goods not  specified in writing by MSEM;  or (ii)
AXIA's continuing the allegedly infringing activity after being notified thereof
and   provided   with   modifications   that  would  have  avoided  the  alleged
infringement.  This  Section  9 sets  forth  the  exclusive  remedy  and  entire
liability  and  obligation of each party with respect to  intellectual  property
infringement  or   misappropriation   claims,   including  patent  or  copyright
infringement claims and trade secret misappropriation.

     (b) MSEM's  obligation  to  indemnify,  defend and hold  harmless set forth
above in this Section 9 will not apply unless AXIA (i) promptly notifies MSEM of
any  matters in respect of which the  indemnity  may apply and of which AXIA has
knowledge;  and (ii) gives MSEM full opportunity to control the response thereto
and the defense  thereof,  including  any agreement  relating to the  settlement
thereof,  provided  that MSEM shall not settle any such claim or action  without
the prior written consent of AXIA (which shall not be  unreasonably  withheld or
delayed);  and (iii)  cooperates  with MSEM, at MSEM's cost and expense,  in the
defense or settlement thereof. AXIA may participate, at its own expense, in such
defense and in any  settlement  discussions  directly or through  counsel of its
choice on a monitoring and non-controlling basis.

10. TERM AND TERMINATION.

     (a) The term of this  Agreement  shall begin on the  Commencement  Date and
shall expire for purposes of the rights  granted to AXIA for use or marketing of
the Technology, and any and all other rights this Agreement bestows on AXIA, two
(2) years after the  Commencement  Date, with an automatic right to renew for an
additional  two (2) years on the basis that the minimum  annual  sales volume as
set forth in Attachment D is  maintained  during each of the previous two years,
unless terminated earlier for non performance pursuant to the terms of Section 5

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or the terms of this  Section 10. The Parties  intend to negotiate in good faith
for an extension of the term of this Agreement prior to its lapse.

     (b) The parties  hereto may  terminate  this  Agreement  by mutual  written
consent.  Such termination shall be effective 60 days after such a determination
or upon such other date as the parties may mutually agree upon in writing.

     (c) The  failure  by  either  party  to  comply  with  any of the  material
obligations contained in this Agreement shall entitle the other party to give to
the party in default  written  notice  specifying  the nature of the default and
requiring  such party to cure such default.  If such default is not cured within
sixty (60) days (or, if such default  cannot be cured within such sixty (60) day
period  and the party in  default  does not  commence  and  diligently  continue
actions to cure such default),  the notifying  party shall be entitled,  without
prejudice to any of its other rights  conferred on it by this Agreement,  to all
remedies available to it by law or in equity, including without limitation,  the
termination of this Agreement.

     (d) Either  party shall have the right to terminate  this  Agreement in the
event that the other party violates any law, rule or regulation, including those
specified in Section 7(a) above.

     (d) Either party may, in addition to any other remedies  available to it by
law or in equity,  terminate this Agreement by written notice to the other party
in the event the other party shall have become  insolvent or bankrupt,  or shall
have made an assignment  for the benefit of its  creditors,  or there shall have
been  appointed  a  trustee  or  receiver  of the  other  party  or for all or a
substantial  part of its  property,  or any case or  proceeding  shall have been
commenced or other action taken by or against the other party in  bankruptcy  or
seeking  reorganization,   liquidation,   dissolution,  winding-up  arrangement,
composition  or  readjustment  of  its  debts  or any  other  relief  under  any
bankruptcy,  insolvency,  reorganization  or  other  similar  act  or law of any
jurisdiction  now or  hereafter  in effect,  or there  shall have been  issued a
warrant of attachment,  execution,  or similar  process  against any substantial
part of the property of the other party, and any such event shall have continued
for sixty (60) days un-dismissed, un-bonded and un-discharged.

     (e) In the event of any termination of this Agreement,  except as otherwise
provided herein,  (i) all rights granted to AXIA pursuant to Sections 2(a), 2(b)
and 2(c) shall  immediately  terminate,  except to the extent required to ensure
that  all  Technology  uses by AXIA 's  Customers  prior  to  termination  shall
continue under their terms and conditions,  and AXIA shall cease practicing such
rights and licenses  immediately (other than delivering  Technology to Customers
who have placed an order with AXIA); (ii) both parties shall promptly return the
other party's Confidential Information;  (iii) AXIA shall provide MSEM a list of
all  potential  Customers to whom AXIA was  soliciting,  having  discussions  or
marketing the Technology; and (iv) MSEM shall have a first right to purchase all
or portions of the inventory of Technology that AXIA has accumulated.

     (f) Any termination  under this Agreement shall be without prejudice to the
rights and  remedies  of either  party with  respect to any  provisions  of this

                                       10
<PAGE>
Agreement  or arising out of breaches  prior to such  termination  and shall not
relieve either of the parties of any obligation or liability  accrued  hereunder
prior to such termination,  including without limitation, indemnity obligations,
nor rescind or give rise to any right to rescind  anything  done or any payments
made  or  other  consideration  given  hereunder  prior  to  the  time  of  such
termination and shall not affect in any manner any vested rights of either party
arising out of this Agreement prior to such termination.

     (g)  Notwithstanding  anything else in this Agreement to the contrary,  the
parties  agree that Sections 1, 3, 5, 6, 7, 8, 10, 11, 12, 14(d) and 14(i) shall
survive the termination or expiration of this Agreement, as the case may be.

11.  CONFIDENTIALITY.

     (a)  Receiving  Party may not  disclose or divulge the  Disclosing  Party's
Confidential  Information  to third parties and shall treat such  information as
Receiving Party treats its own Confidential  Information but in no event in less
than a degree of care that is a  reasonable.  The  Receiving  Party may disclose
Confidential  Information  its  employees  (i) who  are  required  to know  such
information in connection with the permitted use of such  information  hereunder
and (ii) who are bound by customary non-use and  confidentiality  obligations as
set forth in this Section 11.

     (b) In the event the Receiving  Party must divulge the  Disclosing  Party's
Confidential  Information  pursuant to applicable  laws, rules or regulations or
pursuant  to a court  order,  the  Receiving  Party  shall  promptly  notify the
Disclosing  Party of such required  disclosure  and  Receiving  Party shall only
provide  the  minimum  required  amount  of  Confidential  Information  to be in
compliance with such applicable laws, rules, regulations or court order.

     (c) Each  party  acknowledges  that the  breach  or  threatened  breach  of
Sections 2(a),  2(b),  2(c), 3 and 11 will result in  irreparable  injury to the
other party and that, in addition to its other  remedies,  the other party shall
be entitled to injunctive  relief to restrain any threatened or continued breach
of such Sections in any court of competent jurisdiction.

12.  INSURANCE.

     (a) AXIA shall  maintain  relevant  insurance  policies,  including but not
limited to general liability and workers' compensation and sufficient amounts of
insurance  coverage to cover any  liabilities,  claims or damages that may arise
under this Agreement.  Such insurance shall be maintained throughout the term of
this Agreement.  AXIA agrees that each insurance policy shall: (i) be maintained
with an  insurer  having  a  rating  of at  least  an A- in the  most  currently
available Best's Insurance Reports.

     (b) MSEM shall  maintain  relevant  insurance  policies,  including but not
limited to general liability and workers' compensation and sufficient amounts of
insurance  coverage to cover any  liabilities,  claims or damages that may arise
under this Agreement.  Such insurance shall be maintained throughout the term of
this Agreement.  MSEM agrees that each insurance policy shall: (i) be maintained
with an  insurer  having  a  rating  of at  least  an A- in the  most  currently

                                       11
<PAGE>
available Best's Insurance Reports;  (ii) name AXIA as an additional insured and
additional loss payee,  where  applicable;  and (iii) shall provide for at least
thirty  (30)  days'  prior  notice to AXIA in the event of any  modification  or
cancellation.

13.  MISCELLANEOUS.

     (a) This  Agreement  supersedes  and cancels  any  previous  agreements  or
understandings,  whether oral, written or implied, heretofore in effect and sets
forth the entire  agreement  between  the  parties  with  respect to the subject
matter  hereof.  No  amendment,  modification  or  change  may be  made  to this
Agreement  except  by  written  instrument  duly  signed  by a  duly  authorized
representative of each party.

     (b) The parties  hereto agree to execute and deliver such other  documents,
instruments  and  agreements  and to take such other action as may be necessary,
proper or appropriate to carry out the terms of this Agreement.

          (1) This Agreement and the rights and obligations hereunder may not be
     assigned,  delegated  or  transferred  by MSEM or AXIA  without  the  prior
     written consent of the other party,  which consent will not be unreasonably
     withheld. However, MSEM or AXIA shall be permitted to assign its rights and
     obligations  hereunder to its  subsidiaries  or  affiliates  so long as the
     assigning party indemnifies the other for any such assignment.

     (c) This Agreement shall be governed by and/or construed in accordance with
the  laws of the  State of  California  without  regards  to  conflicts  of laws
provisions.  Both parties agree to submit to the exclusive  jurisdiction  of the
state and federal courts of the State of California.

     (d) All notices given under this Agreement shall be in writing and shall be
addressed to the parties at their  respective  addresses  set forth above to the
attention of the President on behalf of AXIA and MSEM on behalf of MSEM.  Either
party may change its address or contact person for purposes of this Agreement by
giving the other  party  written  notice of its new  address or contact  person.
Notice  may be given or made by  registered  mail or  overnight  delivery  via a
recognized courier, return receipt requested.

     (e) The failure of either  party to enforce any of its rights  hereunder or
at law shall not be deemed a waiver or a continuing  waiver of any of its rights
or remedies against the other Party, unless such waiver is in writing and signed
by the party to be charged

     (f)  Neither  party  shall be liable in  damages,  or shall be  subject  to
termination  of this  Agreement by the other party,  for any delay or default in
performing any obligation  hereunder  (other than payment  obligations)  if that
delay or default is due to any cause beyond the  reasonable  control and without
fault or negligence of that party;  provided  that, in order to excuse its delay
or default  hereunder,  a party shall notify the other of the  occurrence or the
cause,  specifying the nature and particulars  thereof and the expected duration
thereof; and provided, further, that within fifteen (15) calendar days after the

                                       12
<PAGE>
termination  of such  occurrence  or cause,  such party shall give notice to the
other party specifying the date of termination thereof. For the purposes of this
Section 14(g), a "cause beyond the reasonable control" of a party shall include,
without  limiting  the  generality  of the  phrase,  any act of God,  act of any
government  or other  authority or  statutory  undertaking,  acts of  terrorism,
industrial dispute, fire, explosion, accident, power failure, flood, riot or war
(declared or undeclared).

     (g) The headings in this Agreement are solely for  convenience of reference
and shall not affect the interpretation of any of the provisions hereof.

     (h) If any provision of this Agreement,  or part thereof,  is declared by a
court of competent  jurisdiction to be invalid, void or unenforceable,  each and
every other  provision,  or part thereof,  shall  nevertheless  continue in full
force and effect.

     (i) This  Agreement  may be executed in one or more  counterparts,  each of
which shall be deemed an original,  but all of which together  shall  constitute
one and the same instrument.

     (j) In the event a dispute arises regarding this Agreement,  the prevailing
Party shall be entitled to its reasonable  attorney's fees and expenses incurred
in addition to any other relief to which it is entitled.

     (k) The persons  executing  this  Agreement on behalf of the parties hereto
represent  and  warrant  that  they have the  authority  from  their  respective
governing  bodies to enter  into this  Agreement  and to bind  their  respective
companies to all the terms and conditions of this Agreement.

     (l) This  Agreement may be executed in several  counterparts  that together
shall be originals and constitute one and the same instrument.

     IN WITNESS  WHEREOF,  the parties hereto have signed this  Agreement  under
seal as of the date indicated above.

Motorsports Emporium,  Inc.             AXIA Group, Inc.

By /s/ Kenneth Yeung                    By /s/ Jeffrey Flannery
  ---------------------------             ---------------------------

Title President                         Title CEO
     ------------------------                ------------------------

                                        IBT, Inc.

                                        By /s/ Jeffrey Flannery
                                          ---------------------------
                                        Title CEO
                                             ------------------------

                                       13
<PAGE>
EXHIBIT A: TERRITORIES

1. EXCLUSIVE TERRITORIES

     a.   Sri Lanka

2. NONEXCLUSIVE TERRITORIES

     a.   India
     b.   Pakistan

                                       14
<PAGE>
SCHEDULE B: DESCRIPTION OF TECHNOLOGY

The Components of the panel are:

     1.   A lightweight  high tensile treated  galvanized  steel wire cage.
     2.   A core of expanded  polystyrene
     3.   Connected and held in place by a logical series of treated  galvanized
          trusses
     4.   A coat of  Portland  cement  either  gun or  manually  applied to both
          sides.

TECHNICAL DESCRIPTION

The panels  consist of vertical,  3" deep No.14 gauge high  tensile  steel (HTS)
wire trusses  spaced at 2"centers with  preformed 2 1/4" thick  insulative  foam
strips between.  The assembly is held together with No.14 gauge horizontal wires
on each face at 2" centers welded to the truss chords.

The horizontal wires and vertical truss chords project approximately 3/8" beyond
each  polystyrene  foam face to permit  embedment  with a 7/8"  (Minimum)  thick
concrete finish applied to each face after erection on the site.

The  panels  are  manufactured  in 4'  widths,  9'  lengths  and  can  be cut in
increments of 2". The nominal thickness of the panel wire frame is 3", resulting
in a finished wall thickness, after plastering, of 4" or more.

MATERIAL SPECIFICATIONS

WIRE : No.14 gauge panel wire conforming to ASTM A-82 and U.B.C. Standard 21-10.

POLYSTYRENE  BOARD:  CLASS 1, in accordance  with Section 802.2 and Table 8-A of
the U.B.C. at 1-pound per cubic foot density.

POLYSTYRENE  BOARD:  CLASS 1, in accordance  with Section 802.2 and Table 8-A of
the U.B.C. at 2-pound per cubic foot density.

PORTLAND CEMENT: Complies with ASTM C-150 and U.B.C. Standard No.19-1.

AGGREGATE: Complies with ASTM C 35-70 and C 897.

CONCRETE : A mixture of Portland Cement and aggregate complying with Table 25-=F
of the U.B.C.  The concrete must have a minimum 28 day  compressive  strength of
3,000 psi or greater,  as required by design  based on testing of three 4" cubes
in accordance with ASTM C 109.

                                       15
<PAGE>
SCHEDULE D BUSINESS PERFORMANCE

Annual minimum Gross Sales of AXIA will be as follows:

     Year One     $1,000,000
     Year Two     $1,500,000
     Year Three   $1,750,000
     Year Four    $2,000,000
     Year Five    $2,200,000

                                       16
<PAGE>
SCHEDULE E - SUPPLEMENTAL FEE

For  each  additional  country  to be added as an  Exclusive  Territory  to this
Agreement, AXIA shall pay MSEM a Supplemental Fee.

The payment shall be based on the following formula

     1.   Population  at the  time  the  license  is  extended  for the  country
          requested by AXIA
     2.   divided by 1,000,000
     3.   times $100,000

Using an example of a country with a population of  40,000,000  the fee would be
calculated as follows:

40,000,000 / 1,000,000 = 40 x $100,000 = $4,000,000 fee

Such fee would be paid as follows:

     *    $100,000 at the time AXIA  nominates  the  country  as an  additional
          exclusive licensee
     *    $250,000 upon the  Commencement  Date in the new territory
     *    $250,000 upon introduction of Plant
     *    Balance payable within 24 months from initial payment

                                       17Form of Long-Term Incentive Award Agreement (20__ Performance Period)

 Exhibit 10.1 
  
 STANCORP FINANCIAL GROUP, INC. 
 LONG-TERM INCENTIVE AWARD AGREEMENT 
 (20__ Performance Period) 
  
 This Long-Term Incentive Award Agreement (this “Agreement”) is made
effective as of ____________, 20__ between StanCorp Financial Group, Inc., an Oregon corporation (the “Company”) and __________________ (the “Employee”). 
  
 The Organization and Compensation Committee (the “Committee”) of the Company’s Board of Directors (the
“Board”) authorized a performance-based award to the Employee pursuant to Section 8 of the Company’s 2002 Stock Incentive Plan (the “Plan”). Compensation paid pursuant to the award is intended to qualify as
performance-based compensation under Section 162(m) of the Internal Revenue Code of 1986 (the “Code”). Employee desires to accept the award subject to the terms and conditions of this Agreement. 
  
 In consideration of the agreements set forth below, the Company and the
Employee agree as follows: 
  
 1.    Award. Subject to the terms and conditions of this Agreement, the Company shall issue to the Employee the number of shares of common stock (“Common Stock”) of the Company (“Performance
Shares”) determined under this Agreement based on (a) the Company’s financial performance during the 20__ calendar year (the “Performance Period”) as described in Section 2, and (b) Employee’s continued
employment until the vesting date as described in Section 3. Recipient’s “Maximum Share Amount” for purposes of this Agreement is _______ shares. 
  
 2.     Performance Conditions. 
  
 2.1    Subject to Section 3.1 and Section 4, the number of Performance Shares
to be issued to the Employee shall be determined by multiplying the Maximum Share Amount by the Payout Factor determined under the following formula: 
  
 Payout Factor = (50% * Adjusted EPS PF) + (35% * Revenues PF) + (15% * AM Earnings PF) 
  
 where the “Adjusted EPS PF,” the “Revenues PF” and the “AM Earnings PF” are determined under
the following table based on the Company’s Adjusted EPS, Revenues and AM Earnings, respectively (each as defined below), for the Performance Period. 

											
	Adjusted EPS	 	Adjusted EPS PF	 	Revenues	 	Revenues PF	 	AM Earnings	 	AM Earnings PF
	 	 	 	 	(in millions)	 	 	 	(in millions)	 	 
		 	    0%	 		 	    0%	 		 	    0%
		 	  10%	 		 	  10%	 		 	  10%
		 	  20%	 		 	  20%	 		 	  20%
		 	  30%	 		 	  30%	 		 	  30%
		 	  40%	 		 	  40%	 		 	  40%
		 	  50%	 		 	  50%	 		 	  50%
		 	  60%	 		 	  60%	 		 	  60%
		 	  70%	 		 	  70%	 		 	  70%
		 	  80%	 		 	  80%	 		 	  80%
		 	  90%	 		 	  90%	 		 	  90%
		 	100%	 		 	100%	 		 	100%

  
 If the Adjusted EPS
for the Performance Period is between any two data points set forth in the first column of the above table, the Adjusted EPS PF shall be determined by interpolation between the corresponding data points in the second column of the table. If the
Revenues for the Performance Period are between any two data points set forth in the third column of the above table, the Revenues PF shall be determined by interpolation between the corresponding data points in the fourth column of the table. If
the AM Earnings for the Performance Period are between any two data points set forth in the fifth column of the above table, the AM Earnings PF shall be determined by interpolation between the corresponding data points in the sixth column of the
table. 
  
 2.2    The
Company’s “Adjusted EPS” for the Performance Period shall be the Company’s net income per diluted common share excluding after-tax net capital gains for the Performance Period. Adjusted EPS shall be calculated by subtracting
After-Tax Net Capital Gains (Losses) (as defined below) from the Company’s net income for the year, and then dividing the resulting amount by the Company’s diluted weighted-average common shares outstanding for the year. “After-Tax
Net Capital Gains (Losses)” shall mean the amount calculated by multiplying the Company’s net capital gains (losses) for the year by a fraction, the numerator of which shall be the Company’s net income for the year and the denominator
of which shall be the Company’s income before income taxes for the year. For this purpose, the Company’s net income, diluted weighted-average common shares outstanding, net capital gains (losses) and income before income taxes for the year
shall be those amounts as set forth in the audited consolidated financial statements of the Company and its subsidiaries for the year. If, after the date of this Agreement, the outstanding Common Stock is increased or decreased by reason of any
stock split, combination of shares or dividend payable in shares, the Adjusted EPS targets in the above table shall each be adjusted by multiplying such targets by a fraction, the numerator of which shall be the number of outstanding shares of
Common Stock immediately before the increase or decrease and the denominator of which shall be the number of outstanding shares of Common Stock immediately after the increase or decrease. 
  
 2.3    The Company’s “Revenues” for the Performance Period shall be the
Company’s consolidated revenues excluding capital gains and losses for the Performance Period as set forth in the audited consolidated financial statements of the Company and its subsidiaries for the year. 

 2.4    The Company’s “AM Earnings” for the Performance
Period shall be the Company’s Asset Management Earnings for the Performance Period. Asset Management Earnings shall be equal to the aggregate income before income taxes for the year of all of the Company’s business units other than the
Individual and Group Life Insurance and Individual and Group Disability Insurance business units. Income before income taxes of the included business units shall be computed based on the Company’s books and records, in accordance with generally
accepted accounting principles, and in a manner consistent with the manner in which the Company calculated such aggregate amount as being $__ million for its 20__ fiscal year. 
  
 2.5    If the Company implements a change in accounting principle between ________, 20__
and the end of the Performance Period, either as a result of the issuance of new accounting standards or otherwise, and the effect of the accounting change was not reflected in the Company’s business plan at the time of approval of this award,
then Adjusted EPS, Revenues and AM Earnings shall be adjusted to eliminate the impact of the change in accounting principle. 
  
 3.    Employment Condition. 
  
 3.1    In order to receive the number of Performance Shares determined under Section 2, the Employee must not
have a Termination of Employment (as defined below) prior to the last day of the Performance Period (the “Vesting Date”), other than by reason of Total Disability, Death or Retirement as such terms are defined in Sections 6.1-4(b),
6.1-4(c) and 6.1-4(f), respectively, of the Plan. If the Employee has a Termination of Employment prior to the Vesting Date, other than by reason of Total Disability, Death or Retirement, the Employee shall forfeit all rights to receive any
Performance Shares. 
  
 3.2    A “Termination of Employment” shall be deemed to occur on the date on which the Employee ceases to be employed on a continuous full time basis by the Company or a subsidiary of the Company for any reason
or no reason, with or without cause. The Employee shall not be treated as having a Termination of Employment during the time the Employee is receiving long term disability benefits provided by the Company or a subsidiary of the Company, unless the
Employee has received formal written notice of termination. 
  
 4.    Certification and Payment. As soon as practicable following the completion of the audit of the Company’s consolidated financial statements for the Performance Period, the Company shall calculate the
Payout Factor and the corresponding number of Performance Shares issuable to the Employee based on the Payout Factor, and shall submit these calculations to the Committee. Notwithstanding anything to the contrary in this Agreement, the Committee
may, in its sole discretion, reduce by up to 50% the calculated numbers of Performance Shares to be issued based on circumstances relating to the performance of the Company or the Employee. No later than the February 15 immediately following
the Vesting Date the Committee shall certify in writing (which may consist of approved minutes of a Committee meeting) the levels of Adjusted EPS, Revenues and AM Earnings attained by the Company for the Performance Period, and the number of
Performance Shares issuable to the Employee based on those performance levels. Subject to applicable tax withholding, the number of Performance Shares so certified shall be issued to the Employee as soon as practicable following such certification,
but no Performance 
  

 3 

 Shares shall be issued prior to certification. No fractional shares shall be issued and the number of Performance Shares
deliverable shall be rounded to the nearest whole share. 
  
 5.     Tax Withholding. The Employee acknowledges that, on the date the Performance Shares are issued to the Employee (the “Payment Date”), the Value (as defined below) on that date of the Performance
Shares will be treated as ordinary compensation income for federal and state income and FICA tax purposes, and that the Company will be required to withhold taxes on these income amounts. To satisfy the required minimum withholding amount, the
Company shall withhold the number of Performance Shares having a Value equal to the minimum withholding amount. For purposes of this Section 5, the “Value” of a Performance Share shall be equal to the closing market price for Common
Stock on the last trading day preceding the Payment Date. 
  
 6.    Change of Control. 
  
 6.1    Notwithstanding any other provision of this Agreement, if a Change of Control (as defined below) occurs before the Vesting Date and the Employee has not previously forfeited the
Employee’s Performance Shares under Section 3.1, the Company shall, within 5 business days thereafter and subject to applicable tax withholding as provided for in Section 5, issue to the Employee a number of Performance Shares
determined by multiplying 70% of the Maximum Share Amount by a fraction, the numerator of which is the number of days in the period starting on January 1 of the year in which the parties entered into this Agreement and ending on the date of the
Change in Control and the denominator of which is the number of days in the period starting on January 1 of the year in which the parties entered into this Agreement and ending on the Vesting Date. Amounts delivered or paid under this
Section 6 shall be in satisfaction of any and all obligations of the Company to issue Performance Shares under this Agreement. 
  
 6.2    For purposes of this Agreement, a Change of Control shall have occurred if: 
  
 (a)    Any “Person,” as such
term is used in Sections 13(d) and 14(d) of the Securities Exchange Act of 1934, as amended (the “Exchange Act”) (other than the Company, any trustee or other fiduciary holding securities under an employee benefit plan of the Company, or
any company owned, directly or indirectly, by the shareholders of the Company in substantially the same proportions as their ownership of stock of the Company), is or becomes the “beneficial owner” (as defined in Rule 13d-3 under the
Exchange Act), directly or indirectly, of securities of the Company representing 30% or more of the combined voting power of the Company’s then outstanding securities; 
  
 (b)    The shareholders of the Company approve a merger or other consolidation of the
Company with any other company, other than (i) a merger or consolidation which would result in the voting securities of the Company outstanding immediately prior thereto continuing to represent (either by remaining outstanding or by being
converted into voting securities of the surviving entity) 51% or more of the combined voting power of the voting securities of the Company or such surviving entity outstanding immediately after such 
  

 4 

 
merger or consolidation or (ii) a merger or consolidation effected to implement a recapitalization of the Company (or similar transaction) in which no
Person acquires more than 30% of the combined voting power of the Company’s then outstanding securities; 
  
 (c)    The shareholders of the Company approve an agreement for the sale or disposition by the Company of all or
substantially all of its assets; 
  
 (d)    A tender or exchange offer is made for Common Stock (or securities convertible into Common Stock) and such offer results in a portion of those securities being purchased and the offeror after the consummation of
the offer is the beneficial owner (as determined pursuant to Section 13(d) of the Exchange Act), directly or indirectly, of securities representing at least 30% of the voting power of outstanding securities of the Company; 
  
 (e)    During any period of twelve months
or less, individuals who at the beginning of such period constituted a majority of the Board cease for any reason to constitute a majority of the Board unless the nomination or election of such new directors was approved by a vote of at least
two-thirds of the directors then still in office who were directors at the beginning of such period; or 
  
 (f)    Any other event or combination of events occurs which the Board, acting in its sole discretion, determines to
be a “Change of Control” for purposes of this Agreement. 
  
 7.    Mergers, Consolidations or Changes in Capital Structure. If, after the date of this Agreement, the outstanding Common Stock is increased or decreased or changed into or exchanged for a different number or
kind of shares or other securities of the Company or of another corporation by reason of any reorganization, merger, consolidation, plan of exchange, recapitalization, reclassification, stock split, combination of shares or dividend payable in
shares, or in the event of any consolidation, merger or plan of exchange involving the Company pursuant to which the Common Stock is converted into cash, securities or other consideration, then appropriate adjustment shall be made by the Committee
in the number and kind of shares subject to this Agreement so that the Employee’s proportionate interest before and after the occurrence of the event is maintained. 
  
 8.    No Right to Employment. Nothing in this Agreement or the Plan shall (i) confer upon
the Employee any right to be continued in the employment of the Employee’s employer or interfere in any way with the right of such employer to terminate the Employee’s employment at any time, for any reason or no reason, with or without
cause, or to decrease the Employee’s compensation or benefits, or (ii) confer upon the Employee any right to the continuation, extension, renewal, or modification of any compensation, contract or arrangement with or by the Company or any
subsidiary of the Company. 
  
 9.    Approval. The obligations of the Company under this Agreement and the Plan are subject to the approval of state, federal or foreign authorities or agencies with jurisdiction in the matter. The Company will
use its reasonable best efforts to take steps required by state, federal or foreign law or applicable regulations, including rules and regulations of the Securities 
  

 5 

 and Exchange Commission and any stock exchange on which the Company’s shares may then be listed, in connection with
the grant evidenced by this Agreement. The foregoing notwithstanding, the Company shall not be obligated to deliver the Performance Shares if such delivery would violate or result in a violation of applicable state or federal securities laws.

  
 10.    Miscellaneous. 

 
 10.1    Governing Law. This
Agreement shall be governed by and construed under the laws of the State of Oregon, without regard to the choice of law principles applied in the courts of such state. 
  
 10.2    Severability. If any provision or provisions of this Agreement are found
to be unenforceable, the remaining provisions shall nevertheless be enforceable and shall be construed as if the unenforceable provisions were deleted. 
  
 10.3    Entire Agreement. This Agreement constitutes the entire agreement between the parties with respect to
the subject matter hereof and supersedes all prior and contemporaneous oral or written agreements between the Company and the Employee relating to the subject matter hereof. 
  
 10.4    Amendment. This Agreement may be amended or modified only by written
consent of the Company and the Employee. 
  
 10.5    Assignment. The Employee may not assign this Agreement or any rights hereunder to any other party or parties without the prior written consent of the Company. This Agreement shall inure to the benefit of
and be binding upon the Company and its successors and assigns. 
  
 IN WITNESS WHEREOF, the parties have executed this Agreement as of the date first written above. 
  

			
	 STANCORP FINANCIAL GROUP, INC.

		
	By:	 	  
	
	 EMPLOYEE
  

  

 6

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