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J. KENNETH GLASS 

RETIREMENT AGREEMENT 

          This Agreement is made by and between J. Kenneth Glass ("Mr. Glass" or "you") and First Horizon National Corporation, its predecessors, successors, assigns, subsidiaries, parents, affiliates, and their respective directors,
officers, employees and agents, attorneys and representatives, both past, present, or future ("the Company"). This arrangement is offered in recognition of your years of service with the Company and is accompanied with the Company's hope that it
will assist you during the transition period that follows. 

          You acknowledge that you have had more than 21 days to evaluate this Agreement. After signing this Agreement, you have seven days during which you may revoke your decision.

          The elements of the retirement agreement are these: 

1.       Agreement: 

           Your signature at the conclusion of this document represents your knowing and voluntary acceptance of this Agreement. You acknowledge that you have not been pressured in any way to sign this Agreement and that you have
executed it of your own free will. This Agreement should be returned to John Daniel, 300 Court Avenue, Sixth Floor, Memphis, Tennessee 38103, after you have fully executed it. By its execution of this Agreement, the Company acknowledges and confirms
that the appropriate committee of its Board of Directors or other administrative body has approved of your early retirement as of April 17, 2007 for purposes of applying the benefits you are otherwise entitled to under applicable plans (including
those referenced in Sections 2 and 6 of this Agreement) and that nothing herein (including Section 2(iii) below) shall be considered in a manner which adversely affects any benefits, or the amount thereof, to which you are or may otherwise be
entitled under applicable plans. 

2.       Consideration: 

           In consideration of your release as set forth below, your retirement on April 17, 2007, and the part-time employment arrangement described below, the Company will provide you with the following. You acknowledge that you are
not otherwise entitled to the consideration listed in this Section. In the event of your death prior to the payment of any of the amounts set forth in this Section, your entitlement to such consideration will not be adversely affected and any
payments for which a beneficiary has not already been designated will be paid to your estate. 

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           (i)      Additional pension benefit payment 

          The Company’s Amended and Restated Pension Restoration Plan (as amended, the “Restoration Plan”) entitles you, as an early retiree, to the “Basic Benefit” as defined in the Restoration Plan; and,
additionally, permits the Company to pay you an additional benefit (herein, the “Additional Benefit”).  By this Agreement, the Company agrees to pay you, in addition to the Basic Benefit and your benefits provided for in the Company’s
Pension Plan, an Additional Benefit in the form of a non-qualified pension benefit of $9,606.34 per month, paid bi-weekly with a 66-2/3% survivor benefit as defined in the Company’s Pension Plan.  This Additional Benefit provides you a
total pension benefit as if you had retired at age 65 except you will not receive any additional service credit beyond your actual years worked as a full-time employee of the Company. To comply with Internal Revenue Code Section 409A, the first
payments of the Basic Benefit and the Additional Benefit will be made six (6) months after the end of the period prescribed in Section 2(iii) below (i.e., on the first pay date after July 1, 2008), along with a lump sum payment of $359,631.24
for delayed Restoration Plan and Additional Benefit payments. The first payment of your benefits under the Company’s Pension Plan will be made in accordance with the provisions of the Company’s Penion Plan, based upon your election with
respect to the receipt of benefits thereunder. All payments prescribed in this paragraph will be eligible for any cost of living increases that may be provided to retirees through the Company’s Pension Plan. 

           (ii)      Restricted Stock

           23,750 shares of restricted stock will vest on your retirement date of April 17, 2007. This represents a pro-rata portion of the 25,000 shares scheduled to vest on July 17, 2007. Shares will be withheld for taxes.

           (iii)      Consulting 

           Compensation totaling $600,000 will be paid to you in monthly installments for the period of April 18, 2007 through December 31, 2007, during which period you agree to be available for an average of approximately ten
(10) hours per week to the Company’s Chief Executive Officer, Chairman of the Board, and other members of the Board of Directors to provide advice and input on matters to be presented to the Board for consideration. Such payments shall be
subject to customary withholding but, if not required, you agree that you will be responsible for the timely payment of taxes on these consulting fees 

           (iv)      Director and Executive Deferred Compensation Plan

           The interest applicable to your account under this Plan will not be re-calculated retroactively as a consequence of your early retirement. This is a one-time waiver of the re-calculation provision of the Plan; this waiver
does not waive the re-calculation provision contained in the Plan in respect of any other act or event occurring at any time, and does not modify the Plan in any respect. 

Page 2 of 7 

           (v)      Survivor Benefits Plan 

           You having met the requirements necessary to be satisfied in order to qualify for post-retirement benefits under the Company’s Survivor Benefits Plan, the Company agrees that, following your death, it will pay to your
designated beneficiary a lump sum benefit in an amount of $1,888,000 which is equal to two (2) times your final year’s base salary (exclusive of incentive or bonus compensation). The Company may fund such obligations, at its election, by
retaining the existing split-dollar life insurance maintained on your life or self-insure such obligation. 

           (vi)      Section 409A Compliance 

          The foregoing benefits are intended to comply with the requirements of Section 409A of the Internal Revenue Code, as amended, and the regulations promulgated thereunder (including those providing for transition relief to
sponsors of nonqualified compensation plans). Accordingly, the Company does hereby indemnify and agree to hold you harmless of and from any imposition (tax, penalty and interest) resulting from a violation of the said Section 409A based upon any of
the provisions set forth in this Section 2. 

3.      Confidentiality and Non-Disclosure: 

          In order to protect the legitimate interests of the Company, and its subsidiaries, you agree that you will not disclose to others at any time in the future, whether directly or indirectly, any information relating to the
Company's business plans or other confidential business information and/or trade secrets of the Company which you received or to which you were given access during your employment with the Company; provided,
however, the obligations set forth in this sentence will expire on December 31, 2010.  If such information is required to be produced by law, court order or governmental authority, you must promptly notify the
Company of that obligation. You may not produce or disclose any such information until the Company has (a) requested protection from the court or other legal or governmental authority issuing the process and the request has been denied, (b)
consented in writing to such production or disclosure, or (c) taken no action to protect its interest within ten (10) business days (or such shorter period required by order of a court or other legal or governmental authority) after receipt of your
notice.

          If any part of this Agreement is knowingly violated by you in any material respect, then you will be responsible for repayment of all sums paid to you pursuant to paragraph 2 of this agreement, in addition to all enforcement
costs including, but not limited to reasonable  attorney's fees. 

4.       Release and Waiver: 

          In consideration for the payments and benefits described in paragraph 2 above, and other good and valuable consideration, the receipt of which you acknowledge by your signature in the space provided below, but subject to the
provisions of paragraph 6 of the Agreement, you do, for yourself, your heirs, personal representatives, agents and 

Page 3 of 7 

assigns, fully, absolutely, and unconditionally release, acquit and forever discharge the Company, and any and all of its predecessors, successors, assigns, subsidiaries, parents, affiliates, and their respective directors,
officers, employees and agents, attorneys and representatives, both past, present, or future, from any and all claims, losses, demands, liabilities, causes of action, fees (including attorney's fees), compensation, back pay and/or front pay,
employment or re-employment and any other benefits, obligation or liability of any kind, known or unknown, whether heretofore asserted or unasserted, including but not limited to all causes of action arising out of or in any way related to your
employment by the Company, or your separation, whether arising out of or related to Title VII of the Civil Rights Act of 1964, as amended ("Title VII"); the Civil Rights Act of 1991; the Sarbanes-Oxley Act; the Americans with Disabilities Act of
1990; the Age Discrimination in Employment Act of 1967, as amended, (the "ADEA"), the Family and Medical Leave Act ("FMLA"), the Fair Labor Standards Act ("FLSA"), the Tennessee Human Rights Act, Tennessee Code Annotated section 4-21-101 et seq, and
Tennessee Code Annotated 8-50-103 (Employment of the Handicapped), and any other federal or state, local, or city statute, code, ordinance, rule, regulation, or common law governing, controlling or otherwise dealing with employment, employment
discrimination or equal employment opportunity, unemployment compensation, employment termination, or otherwise all causes of action occurring from the beginning of time to the date of this Agreement. 

          Notwithstanding the foregoing or anything to the contrary contained in this Agreement, nothing herein is intended to affect any obligation the Company may have to indemnify you, hold you harmless
or advance to you or pay expenses in accordance with the Company’s Bylaws, and it is agreed that nothing in this Agreement will be construed as a waiver by you of any such rights. 

5.      Acknowledgment of OWBPA Compliance: 

          Because this Agreement includes a release and waiver as to claims under the Age Discrimination in Employment Act, your signature below acknowledges that it complies with the Older Workers Benefit Protection Act ("OWBPA") of
1990 and further acknowledges that you confirm, understand and agree to the terms and conditions of this Agreement; that these terms are written in lay persons terms, and that you have been fully advised of your right to seek the advice of an
attorney, as well as tax advisors to review this Agreement. You acknowledge receiving not less than twenty one (21) calendar days in which to consider this Agreement to ensure that your execution of this Agreement is knowing and voluntary. In
signing below, you expressly acknowledge that you have been afforded at least twenty-one (21) days to consider this Agreement and that your execution of same is with full knowledge of the consequences thereof and is of your own free will. By signing
on the date below, if less than twenty-one (21) days, you voluntarily elect to forgo waiting twenty-one (21) full days. You agree that any change, material or immaterial, to the terms of this Agreement does not restart the running of the twenty-one
(21) day period. 

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6.      Other Benefits: 

          Your right to benefits under all other plans of the Company is not affected by your signature to this Agreement.  This includes your qualifed pension benefit, Pension Restoration Plan benefit, 401k benefit, executive
survivor benefit, post-retirement medical benefits and any deferred compensation arrangements not included in Section 2 of this Agreement. Your first non-qualified pension benefit will begin as provided in Section 2(i) of this Agreement.  As
provided under the plan, your management stock options granted prior to 2006 will expire the earlier of the original expiration date or the third anniversary of your retirement date. Deferral stock options will expire the earlier of the original
expiration date or the fifth anniversary of your retirement date.  Options granted in 2006, Long-term Incentive Plan (LTIP) grants and all unvested restricted stock not included in section 2 will be canceled on your retirement date. You will not be
eligible for an annual bonus for the 2007 plan year. 

7.      Right of Revocation: 

          Your signature also acknowledges that, in compliance  with the OWBPA mentioned above, you have been fully advised by the Company of your right to revoke and nullify this release and Agreement, which right must be exercised
if at all, within seven (7) days of the date of your signature. Any revocation of this agreement must be in writing, addressed to First Tennessee Bank, attention John Daniel, Employee Services Division, 300 Court Avenue, Sixth Floor, Memphis,
Tennessee 38103. The Company must be notified within the foregoing seven day period. This agreement will not become effective or enforceable until the expiration of the seven day period.

8.      Return of Documents: 

           By your signature, you acknowledge and confirm that you have returned to the Company any and all documents belonging to it, as well as any other property which belongs to it, and that no such documents or materials or
property have been retained by you. 

9.      Binding Effect: 

           Upon your signing this Agreement, and after the expiration of seven (7) days, it will become effective and is binding upon you and the Company and their respective successors, assigns, heirs and personal representatives, as
is discussed in paragraph 4 above. 

10.     Severability: 

           A finding that any provision of this Agreement is void or unenforceable shall not affect the validity or enforceability of any other provisions of this Agreement. 

Page 5 of 7 

11.     Drafting: 

           This Agreement is a product of negotiations between the parties and in construing the provisions of this Agreement, no inference or presumption shall be drawn against either party on the basis of which party or their
attorneys drafted this Agreement. 

12.     Captions: 

           The captions to the various paragraphs of this Agreement are for convenience only and are not part of this Agreement. 

13.     Sole Agreement: 

           By your signature, you also confirm that the only consideration for your signing this Agreement are the terms set forth within it, and that no other promise or agreement of any kind has been made to you by the Company or
anyone acting by, for, or on its behalf. 

           YOU ALSO AFFIRM THAT YOU HAVE BEEN FREE TO DISCUSS THIS MATTER PRIVATELY AND THOROUGHLY WITH AN ATTORNEY OF YOUR CHOICE AND THAT YOU FULLY UNDERSTAND THE MEANING AND INTENT OF THIS AGREEMENT, INCLUDING, BUT NOT LIMITED TO,
ITS FINAL AND BINDING EFFECT. 

           This Agreement covers in detail each and every element of the retirement agreement agreed upon between you and the Company. Your signature in the space provided below will confirm that you have had an unhurried opportunity
to carefully read and review this Agreement and seek advice with respect to its content, and that you fully understand its meaning in all respects. 

           This Agreement may be enforced by the parties in any state or federal court of competent jurisdiction. 

           This Agreement is signed in duplicate originals at First Tennessee Bank in Memphis, Tennessee. 

- Signature Page Follows - 

Page 6 of 7 

I HAVE READ THE FOREGOING AGREEMENT, HAVE HAD A REASONABLE AND ADEQUATE OPPORTUNITY TO REVIEW IT, AND FULLY UNDERSTAND AND VOLUNTARILY SIGN THE SAME. 

	
/s/ J. Kenneth Glass 
  	 
  	
                    3/21/07 
  
	
J. Kenneth Glass 
  	 
  	
Date 
  
	 

  
	 

  
	
Witnessed by: 
  	 
  	 

  
	 

  
	 

  
	
/s/ Paula M. Seaton 
  	 
  	
    
      MY COMMISSION EXPIRES: 
    
	
Notary of the State of Tennessee 
  	 
  	
   February 23, 2009 
  
	[NOTARY
  SEAL] 
  
	 
  	 

  
	 

  
	 

  
	
First Horizon National Corporation 
  	 
  	 

  
	 

  
	 

  
	 

  
	
By: 
  	
/s/ John Daniel 
  	 
  	
                    3/21/07 
  
	 

  	
John Daniel 
  	 
  	
Date 
	 

  	
Executive Vice President and 
  	 
  	 

  
	 

  	
Employee Services Manager 
  	 
  	 

  

Page 7 of 7Exhibit 4.1

     VISUALMED CLINICAL SOLUTIONS CORP. 

MARCH 2007 NONQUALIFIED STOCK OPTION PLAN

ARTICLE I

Purpose of Plan

This NONQUALIFIED STOCK OPTION PLAN (the “Plan”) of VISUALMED CLINICAL SOLUTIONS CORP. (the “Company”) for persons employed or
associated with the Company, including without limitation any employee, director, general partner, officer, attorney, accountant, consultant or advisor, is intended to advance the best interests of the Company by providing additional incentive to
those persons who have a substantial responsibility for its management, affairs, and growth by increasing their proprietary interest in the success of the Company, thereby encouraging them to maintain their relationships with the Company. Further,
the availability and offering of Stock Options under the Plan supports and increases the Company’s ability to attract, engage and retain individuals of exceptional talent upon whom, in large measure, the sustained progress growth and
profitability of the Company for the shareholders depends.

ARTICLE II

Definitions 

For Plan purposes, except where the context might clearly indicate otherwise, the following terms shall have the meanings set forth below: “Board” shall mean the Board of Directors of the Company. 

“Code” shall mean the Internal Revenue Code of 1986, as amended, and the rules and regulations promulgated thereunder. 

“Committee” shall mean the Compensation Committee, or such other committee appointed by the Board, which shall be designated by the Board to administer the Plan. The Company shall be composed of two or more
persons as from time to time are appointed to serve by the Board and may be members of the Board or the entire Board. 

“Common Shares” shall mean the Company’s Common Shares $0.00001 par value per share, or, in the event that the
outstanding Common Shares are hereafter changed into or

exchanged for different shares or securities of the Company, such other shares or securities. 

“Company” shall mean VISUALMED CLINICAL SOLUTIONS CORP., a Nevada corporation, and any parent or subsidiary corporation of VISUALMED CLINICAL SOLUTIONS CORP., as such terms are defined in Section 425(e) and 425(f), respectively of the Code.

“Optionee” shall mean any person employed or associated with the affairs of the Company who has been granted one or more Stock Options under the Plan. 

“Stock Option” or “NQSO” shall mean a stock option granted pursuant to the terms of the Plan. 

“Stock Option Agreement” shall mean the agreement between the Company and the Optionee under which the Optionee may purchase Common Shares hereunder.

ARTICLE III

Administration of the Plan

1. The Committee shall administer the Plan and accordingly, it shall have full power to grant Stock Options, construe and interpret the Plan, establish rules and regulations and perform all other acts, including the
delegation of administrative responsibilities, it believes reasonable and proper.

2. The determination of those eligible to receive Stock Options, and the amount, price, type and timing of each Stock Option and the terms and conditions of the respective stock option agreements shall rest in the sole
discretion of the Committee, subject to the provisions of the Plan.

3. The Committee may cancel any Stock Options awarded under the Plan if an Optionee conducts himself in a manner which the Committee determines to be inimical to the best interest of the Company and its shareholders as set
forth more fully in paragraph 8 of Article X of the Plan. 

4. The Board, or the Committee, may correct any defect, supply any omission or reconcile any inconsistency in the Plan or in any granted Stock Option, in the manner and to the extent it shall deem necessary to carry it into
effect.  

5. Any decision made, or action taken, by the Committee or the Board arising out or in connection with the interpretation and administration of the Plan shall be final and conclusive.

6. Meetings of the Committee shall be held at such times and places as shall be determined by the Committee. A majority of the members of the Committee shall constitute a quorum for the transaction of business, and the vote
of a majority of those 

members present at any meeting shall decide any question brought before that meeting. In addition, the Company may take any action otherwise proper under the Plan by the affirmative vote, taken without a meeting, of a
majority of its members.

7. No member of the Committee shall be liable for any act or omission of any other member of the Committee or for any act or omission on his own part, including, but not limited to, the exercise of any power or discretion
given to him under the Plan except those resulting form his own gross negligence or willful misconduct. 

8. The Company, through its management, shall supply full and timely information to the Committee on all matters relating to the eligibility of Optionees, their duties and performance, and current information on any
Optionee’s death, retirement, disability or other termination of association with the Company, and such other pertinent information as the Committee may require. The Company shall furnish the Committee with such clerical and other assistance as
is necessary in the performance of its duties hereunder.

ARTICLE IV

Shares Subject to the Plan

1. The total number of shares of the Company available for grants of Stock Options under the Plan shall be 2,000,000 Common Shares, subject to adjustment as herein provided, which shares may be either authorized but
unissued or reacquired Common Shares of the Company. 

2. If a Stock Option or portion thereof shall expire or terminate for any reason without having been exercised in full, the unpurchased shares covered by such NQSO shall be available for future grants of Stock Options.

ARTICLE V

Stock Option Terms and Conditions

1. Consistent with the Plan’s purpose, Stock Options may be granted to any person who is performing or who has been engaged to perform services of special importance to management in the operation, development and
growth of the Company. 

2. Determination of the option price per share for any stock option issues hereunder shall rest in the sole and unfettered discretion of the Committee.

3. All Stock Options granted under the Plan shall be evidenced by agreements which shall be subject to applicable provisions of the Plan, and such other provisions as the Committee may adopt, including the provisions set
forth in paragraphs 2 through 11 of this Article V. 

4. All Stock Options granted hereunder must be granted within ten years from the date this Plan is adopted.

5. No Stock Option granted hereunder shall be exercisable after the expiration of ten years from the date such NQSO is granted. The Committee, in its discretion, may provide that an option shall be exercisable during such
ten year period or during any lesser period of time. The Committee may establish installment exercise terms for a Stock Option such that the NQSO becomes fully exercisable in a series of cumulating portions. If an Optionee shall not, in any given
installment period, purchase all the Common Shares which such Optionee is entitled to purchase within such installment period, such Optionee’s right to purchase any Common Shares not purchased in such installment period shall continue until the
expiration or sooner termination of such NQSO. The Committee may also accelerate the exercise of any NQSO.

6. A Stock Option, or portion thereof, shall be exercised by deliver of (i) a written notice of exercise to the Company specifying the number of Common Shares to be purchased, and (ii) payment of the full price of such
Common Shares, as fully set forth in paragraph 7 of this Article V. No NQSO or installment thereof shall be reusable except with respect to whole shares, and fractional share interests shall be disregarded. Not less than 100 Common Shares may be
purchased at one time unless the number purchased is the total number at the time available for purchase under the NQSO. Until the Common Shares represented by an exercised NQSO are issued to an Optionee, he/she shall have none of the rights of a
shareholder. 

7. The exercise price of a Stock Option, or portion thereof, may be paid:

 A. In United
    States dollars, in cash or by cashier’s check, certified check, bank
    draft or money order, payable to the order of the Company in an amount equal
    to the option price; or,

 B. At the discretion
    of the Committee, through the delivery of fully paid and nonassessable Common
    Shares, with an aggregate fair market value (determined as the average of
    the highest and lowest reported sales prices on the Common Shares as of the
    date of exercise of the NQSO, as reported by such responsible reporting service
    as the Committee may select, or if there were not transactions in the Common
    Shares on such day, then the last preceding day on which transactions took
    place), as of the date of the NQSO exercise equal to the option price, provided
    such tendered shares, or any derivative security resulting in the issuance
    of Common Shares, have been owned by the Optionee for at least 30 days prior
    to such exercise; or,

 C. By a combination
    of both A and B above.

8. The Committee shall determine acceptable methods for tendering Common Shares as payment upon exercise of a Stock Option and may impose such limitations and prohibitions on the use of Common Shares to exercise an NQSO as
it deems appropriate.

9. With the Optionee’s consent, the Committee may cancel any Stock Option issued under this Plan and issue a new NQSO to such Optionee.

10. Except by will, the laws of descent and distribution, or with the written consent of the Committee, no right or interest in any Stock Option granted under the Plan shall be assignable or transferable, and no right or
interest of any Optionee shall be liable for, or subject to, any lien, obligation or liability of the Optionee. Upon petition to, and thereafter with the written consent of the Committee, an Optionee may assign or transfer all or a portion of the
Optionee’s rights and interest in any stock option granted hereunder. Stock Options shall be exercisable during the Optionee’s lifetime only by the Optionee or assignees, or the duly appointed legal representative of an incompetent
Optionee, including following an assignment consented to by the Committee herein. 

11. No NQSO shall be exercisable while there is outstanding any other NQSO which was granted to the Optionee before the grant of such option under the Plan or any other plan which gives the right to the Optionee to purchase
stock in the Company or in a corporation which is a parent corporation (as defined in Section 425(e) of the Code) of the Company, or any predecessor corporation of any of such corporations at the time of the grant. An NQSO shall be treated as
outstanding until it is either exercised in full or expires by reason of lapse of time.

12. Any Optionee who disposes of Common Shares acquired on the exercise of a NQSO by sale or exchange either (i) within two years after the date of the grant of the NQSO under which the stock was acquired, or (ii) within
one year after the acquisition of such Shares, shall notify the Company of such disposition and of the amount realized upon such disposition. The transfer of Common Shares may also be restricted by applicable provisions of the Securities Act of
1933, as amended. 

ARTICLE VI

Adjustments or Changes in Capitalization

1. In the event that the outstanding Common Shares of the Company are hereafter changed into or exchanged for a different number of kinds of shares or other securities of the Company by reason of merger, consolidation,
other reorganization, recapitalization, reclassification, combination of shares, stock split-up or stock dividend: 

 A. Prompt, proportionate,
    equitable, lawful and adequate adjustment shall be made of the aggregate
    number and kind of shares subject to Stock Options which may be granted under
    the Plan, such that the Optionee shall have the right to purchase such Common
    Shares as may be issued in exchange for the Common Shares purchasable on
    exercise of the NQSO had such merger, consolidation, other reorganization,
    recapitalization, reclassification, combination of shares, stock split-up
    or stock dividend not taken place; 

B. Rights under
    unexercised Stock Options or portions thereof granted prior to any such change,
    both as to the number or kind of shares and the exercise price per share,
    shall be adjusted appropriately, provided that such adjustments shall be
    made without change in the total exercise price applicable to the unexercised

 

 portion of such
    NQSO’s but by an adjustment in the price for each share covered by such
    NQSO’s; or,

 
C. Upon any dissolution or liquidation of the Company or any merger or combination in which the Company is not a surviving corporation, each outstanding Stock Option granted hereunder shall terminate, but the Optionee shall
have the right, immediately prior to such dissolution, liquidation, merger or combination, to exercise his/her NQSO in whole or in part, to the extent that it shall not have been exercised, without regard to any installment exercise provisions in
such NQSO.

2. The foregoing adjustment and the manner of application of the foregoing provisions shall be determined solely by the Committee, whose determination as to what adjustments shall be made and the extent thereof, shall be
final, binding and conclusive. No fractional Shares shall be issued under the Plan on account of any such adjustments.

ARTICLE VII 

Merger, Consolidation or Tender Offer

1. If the Company shall be a party to a binding agreement to any merger, consolidation or reorganization or sale of substantially all the assets of the Company, each outstanding Stock Option shall pertain and apply to the
securities and/or property which a shareholder of the number of Common Shares of the Company subject to the NQSO would be entitled to receive pursuant to such merger, consolidation or reorganization or sale of assets. 

2. In the event that:

 A. Any person
    other than the Company shall acquire more than 20% of the Common Shares of
    the Company through a tender offer, exchange offer or otherwise; 

B. A change in
    the “control” of the Company occurs, as such term is defined in
    Rule 405 under the Securities Act of 1933; 

C. There shall
    be a sale of all or substantially all of the assets of the Company; any then
    outstanding Stock Option held by an Optionee, who is deemed by the Committee
    to be a statutory officer (“insider”) for purposes of Section 16
    of the Securities Exchange Act of 1934 shall be entitled to receive, subject
    to any action by the Committee revoking such an entitlement as provided for
    below, in lieu of exercise of such Stock Option, to the extent that it is
    then exercisable, a cash payment in an amount equal to the difference between
    the aggregate exercise price of such NQSO, or portion thereof, and, (i) in
    the event of an offer or similar event, the final offer price per share paid
    for Common Shares, or such lower price as the Committee may determine to
    conform an option to preserve its Stock Option status, times the number of
    Common Shares covered by the NQSO or portion thereof, or (ii) in the case
    of an event covered by B or C above, the

 

 aggregate fair
    market value of the Common Shares covered by the Stock Option, as determined
    by the Committee at such time. 

3. Any payment which the Company is required to make pursuant to paragraph 2 of this Article VII, shall be made within 15 business days, following the event which results in the Optionee’s right to such payment. In the
event of a tender offer in which fewer than all the shares which are validity tendered in compliance with such offer are purchased or exchanged, then only that portion of the shares covered by an NQSO as results from multiplying such shares by a
fraction, the numerator of which is the number of Common Shares acquired purchase to the offer and the denominator of which is the number of Common Shares tendered in compliance with such offer, shall be used to determine the payment thereupon. To
the extent that all or any portion of a Stock Option shall be affected by this provision, all or such portion of the NQSO shall be terminated. 

4. Notwithstanding paragraphs 1 and 3 of this Article VII, the Company may, by unanimous vote and resolution, unilaterally revoke the benefits of the above provisions; provided, however, that such vote is taken no later
than ten business days following public announcement of the intent of an offer of the change of control, whichever occurs earlier.

ARTICLE VIII

Amendment and Termination of Plan

1. The Board may at any time, and from time to time, suspend or terminate the Plan in whole or in part or amend it from time to time in such respects as the Board may deem appropriate and in the best interest of the
Company.

2. No amendment, suspension or termination of this Plan shall, without the Optionee’s consent, alter or impair any of the rights or obligations under any Stock Option theretofore granted to him/her under the Plan.

3. The Board may amend the Plan, subject to the limitations cited above, in such manner as it deems necessary to permit the granting of Stock Options meeting the requirements of future amendments or issued regulations, if
any, to the Code.

4. No NQSO may be granted during any suspension of the Plan or after termination of the Plan.

ARTICLE IX

Government and Other Regulations

The obligation of the Company to issue, transfer and deliver Common Shares for Stock Options exercised under the Plan shall be subject to all applicable laws, regulations, rules, orders and approval which shall then be in
effect and required by the relevant stock exchanges on which the Common Shares are traded and by government entities as set forth below or as the Committee in its sole discretion shall deem necessary or advisable.

Specifically, in connection with the Securities Act of 1933, as amended, upon exercise of any Stock Option, the Company shall not be required to issue Common Shares unless the Committee has received evidence satisfactory to
it to the effect that the Optionee will not transfer such shares except pursuant to a registration statement in effect under such Act or unless an opinion of counsel satisfactory to the Company has been received by the Company to the effect that
such registration is not required. Any determination in this connection by the Committee shall be final, binding and conclusive. The Company may, but shall in no event be obligated to take any other affirmative action in order to cause the exercise
of a Stock Option or the issuance of Common Shares purchase thereto to comply with any law or regulation of any government authority. 

ARTICLE X

Miscellaneous Provisions

1. No person shall have any claim or right to be granted a Stock Option under the Plan, and the grant of an NQSO under the Plan shall not be construed as giving an Optionee the right to be retained by the Company.
Furthermore, the Company expressly reserves the right at any time to terminate its relationship with an Optionee with or without cause, free from any liability, or any claim under the Plan, except as provided herein, in an option agreement, or in
any agreement between the Company and the Optionee.

2. Any expenses of administering this Plan shall be borne by the Company. 

3. The payment received from Optionee from the exercise of Stock Options under the Plan shall be used for the general corporate purposes of the Company.

4. The place of administration of the Plan shall be in the Province of Quebec and the validity, contraction, interpretation, administration and effect of the Plan and its rules and regulations, and rights relating to the
Plan, shall be determined solely in accordance with the laws of the State of Nevada.

5. Without amending the Plan, grants may be made to persons who are foreign nationals or employed outside the United States, or both, on such terms and conditions, consistent with the Plan’s purpose, different from
those specified in the Plan as may, in the judgment of the Committee, be necessary or desirable to create equitable opportunities given differences in tax laws in other countries. 

6. In addition to such other rights of indemnification as they may have as members of the Board or Committee, the members of the Committee shall be indemnified by the Company against all costs and expenses reasonably
incurred by them in connection with any action, suit or proceeding to which they or any of them may be party by reason of any action taken or failure to act under or in connection with the Plan or any Stock Option granted thereunder, an against all
amount paid by them in settlement thereof (provided such settlement is approved by independent legal counsel selected by the Company) or paid by them in satisfaction of a judgment in any such action, suit or proceeding, except a judgment based upon
a finding of bad faith; provided that upon the 

institution of any such action, suit or proceeding a Committee member shall in writing, give the Company notice thereof and an opportunity, at its own expense, to handle and defend the same before such Committee member
undertakes to handle and defend it on his/her own behalf. 

7. Stock Options may be granted under this Plan form time to time, in substitution for stock options held by employees of other corporations who are about to become employees of the Company as the result of a merger or
consolidation of the employing corporation with the Company or the acquisition by the Company of the assets of the employing corporation or the acquisition by the Company of stock of the employing corporation as a result of which it become a
subsidiary of the Company. The terms and conditions of such substitute stock options so granted may vary from the terms and conditions set forth in this Plan to such extent as the Board of Director of the Company at the time of grant may deem
appropriate to conform, in whole or in part, to the provisions of the stock options in substitution for which they are granted, but no such variations shall be such as to affect the status of any such substitute stock options as a stock option under
Section 422A of the Code. 

8. Notwithstanding anything to the contrary in the Plan, if the Committee finds by a majority vote, after full consideration of the facts presented on behalf of both the Company the Optionee, that the Optionee has been
engaged in fraud, embezzlement, theft, commission of a felony or proven dishonesty in the course of his/her association with the Company or any subsidiary corporation which damaged the Company or any subsidiary corporation, or for disclosing trade
secrets of the Company or any subsidiary corporation, the Optionee shall forfeit all unexercised Stock Options and all exercised NQSO’s under which the Company has not yet delivered the certificates and which have been earlier granted the
Optionee by the Committee. The decision of the Committee as to the case of an Optionee’s discharge and the damage done to the Company shall be final. No decision of the Committee, however, shall affect the finality of the discharge of such
Optionee by the Company or any subsidiary corporation in any manner. Further, if Optionee voluntarily terminates employment with the Company, the Optionee shall forfeit all unexercised stock options. 

ARTICLE XI

Written Agreement

Each Stock Option granted hereunder shall be embodied in a written Stock Option Agreement which shall be subject to the terms and conditions prescribed above and shall be signed by the Optionee and by the President or any
Vice President of the Company, for and in the name and on behalf of the Company. Such Stock Option Agreement shall contain such other provisions as the Committee, in its discretion shall deem advisable.

ARTICLE XII

Effective Date 

This Plan shall become unconditionally effective as of the effective date of approval of the Plan by the Board of Directors of the Company. No Stock Option may be granted later than ten (10) years from the effective date of
the Plan; provided, however, that the Plan and all outstanding Stock Options shall remain in effect until such NQSO’s have expired or until such options are cancelled.

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