Document:

EX-10.2

Exhibit 10.2

EXECUTION COPY

GLOBAL CONSUMER ACQUISITION CORP.

EMPLOYMENT AGREEMENT

     EMPLOYMENT AGREEMENT (this “Agreement”) dated as of July 28, 2009, between Global
Consumer Acquisition Corp., a Delaware corporation, its successors or assigns (the
“Company”), and George Rosenbaum, Jr. (the “Employee”).

W I T N E S S E T H

     WHEREAS, the Company has negotiated to purchase certain assets and deposits of Colonial Bank,
the majority of which will originate from the Nevada regional branch (the “Transaction”);

     WHEREAS, the Company desires to employ the Employee as the Chief Financial Officer of the
Company’s Nevada commercial banking operations (the “Business”) and the Principal
Accounting Officer of the Company following the consummation of the Transaction;

     WHEREAS, the Company and the Employee desire to enter into this Agreement as to the terms of
the Employee’s employment as the Chief Financial Officer of the Business and the Principal
Accounting Officer of the Company; and

     WHEREAS, the Employee’s agreement to be employed by the Company as of the Effective Date (as
defined in Section 2 hereof) is a material inducement to the Company to enter into this Agreement
as of the date hereof;

     NOW, THEREFORE, in consideration of the foregoing, of the mutual promises contained herein and
of other good and valuable consideration, the receipt and sufficiency of which are hereby
acknowledged, the parties hereto hereby agree as follows:

     1. POSITION AND DUTIES.

     (a) During the Employment Term (as defined in Section 2 hereof), the Employee shall serve as
the Chief Financial Officer of the Business and the Principal Accounting Officer of the Company.
In each such capacity, the Employee shall have the duties, authorities and responsibilities
commensurate with the duties, authorities and responsibilities of persons in similar capacities in
similarly sized companies, and such other duties, authorities and responsibilities as the Chairman
(the “Chairman”) of the Board of Directors of the Company (the “Board”) shall
designate from time to time that are not inconsistent with the Employee’s position as the Chief
Financial Officer of the Business or the Principal Accounting Officer of the Company, as the case
may be. The Employee shall report to (1) the Chairman, (2) if, as and when requested by the
Chairman, to the Chief Executive Officer of the Business, in the Employee’s capacity as the Chief
Financial Officer of the Business, (3) if, as and when requested by the Chairman, to the Chief
Executive Officer of the Company, in the Employee’s capacity as the Principal Accounting Officer of
the Company, and (4) the board of directors of any subsidiary he may serve hereunder.

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     (b) During the Employment Term, the Employee shall devote all of the Employee’s business time,
energy and skill and the Employee’s best efforts to the performance of the Employee’s duties with
the Company; provided, that the foregoing shall not prevent the Employee from (i) serving
on the boards of directors of non-profit organizations and, with the prior written approval of the
Board in each instance, other for-profit companies, (ii) participating in charitable, civic,
educational, professional, community or industry affairs, and (iii) managing the Employee’s passive
personal investments; so long as such activities do not, individually or in the aggregate,
interfere or conflict with the Employee’s duties hereunder or create a potential conflict of
interest. If the Board determines, in its sole discretion, that any outside activity or activities
pose or will pose a conflict of interest, or that the time commitments required interfere with the
performance of the Employee’s duties hereunder, even if previously approved, the Employee shall, at
the request of the Board, cease such activities at the earliest available opportunity.

     (c) The Employee shall serve hereunder as an officer of any subsidiary or division of the
Company that includes any portion of the Business as requested by the Company from time to time
without any additional compensation therefor. The Company may, without limiting its liability
hereunder, cause any subsidiary to assume the Company’s obligations hereunder.

     2. EMPLOYMENT TERM. The Company agrees to employ the Employee pursuant to the terms of this
Agreement, and the Employee agrees to be so employed, for a term of three years (the “Initial
Term”) commencing as of the Effective Date. Notwithstanding anything herein to the contrary,
the Employee agrees that he shall not terminate this Agreement prior to the Effective Date;
provided, that the Effective Date occurs no later than November 27, 2009 (or such later
date as the Company may elect upon an extension by a majority of the Company’s shares at a meeting
of the shareholders prior to November 27, 2009); provided further, that, prior to
the Effective Date, the Employee shall agree to cooperate and permit the Company to use his name in
regulatory filings that he has approved, which approval shall not unreasonably be withheld or
delayed. On each anniversary of the Effective Date following the Initial Term, the term of this
Agreement shall be automatically extended for successive 1-year periods (each a “Renewal
Term”), provided, however, that either party hereto may elect not to extend the
term of this Agreement by giving written notice to the other party at least 30 days prior to any
such anniversary date. Notwithstanding the foregoing, the Employee’s employment hereunder may be
earlier terminated at any time during the Initial Term or any Renewal Term in accordance with
Section 8 hereof, subject to Section 9 hereof. The period of time between the Effective Date and
the termination of the Employee’s employment hereunder for any reason shall be referred to herein
as the “Employment Term.” For purposes of this Agreement, “Effective Date” means
the closing of the Transaction.

     3. BASE SALARY. During the Employment Term, the Company agrees to pay the Employee a base
salary at an annual rate of not less than $200,000, payable in accordance with the regular payroll
practices of the Company. The Employee’s Base Salary shall be subject to annual review by the
Board (or a committee thereof), and may be increased, but not decreased below its then current
level, from time to time by the Board. The base salary as determined herein from time to time
shall constitute “Base Salary” for purposes of this Agreement.

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     4. ANNUAL BONUS. During the Employment Term, the Employee shall be eligible to receive an
annual discretionary incentive payment under the Company’s annual bonus plan as in effect from time
to time (the “Annual Bonus”), upon the attainment of one of more pre-established
performance goals established by the Board of the Company’s Compensation Committee (the
“Committee”).

     5. TRANSACTION BONUS. Within 10 days following the Effective Date, the Company shall pay to
the Employee a lump sum cash payment equal to a pro rata amount of the Employee’s Base Salary for
the period from the signing of this Agreement by the parties hereto to the Effective Date.

     6. EQUITY AWARDS.

     (a) Subject to the approval of the award by (i) the Board and (ii) the Company’s stockholders
in connection with the solicitation of proxies for approval of the Transaction, on the Effective
Date the Employee shall receive a one-time grant of a number of restricted shares of the Company’s
common stock (the “Restricted Stock”) equal to $250,000 divided by the closing price of the
Company’s common stock on the Effective Date. The Company hereby agrees that it will not solicit
proxies or consents from its stockholders for approval of the Transaction unless the Company
solicits proxies or consents from its stockholders to approve the issuance of the Restricted Stock
concurrently therewith; provided, that you are continuously employed by the Company through
the date of such solicitation. The Restricted Stock will vest 20% on each of the first, second,
third, fourth and fifth anniversaries of the Effective Date, subject to the Employee’s continuous
employment through each vesting date, except that the Restricted Stock shall immediately vest in
full upon a Change in Control (as defined below). In addition, the Employee agrees that, for a
period of one year following each vesting date (each such period, a “Lock-up Period”), the
Employee will not offer, sell, contract to sell, pledge, grant any option to purchase, make any
short sale or otherwise dispose of, directly or indirectly, the shares of the Company’s common
stock that became vested on such vesting date; provided, however, that on each such
vesting date, the Employee shall be able to sell certain of his Restricted Stock to the extent the
proceeds of each such sale will be applied exclusively towards the satisfaction of the portion of
any tax liabilities that become due and payable that is directly attributable to the vesting of
such shares of common stock; provided further, however, that the Employee
shall not transfer the shares of common stock subject to forfeiture, as provided in Section 9(c),
without first delivering prior notice to the Company, then receiving written approval from the
Company, which approval shall not unreasonably be withheld or delayed. For the avoidance of doubt,
the shares of common stock subject to a Lock-up Period shall not be Restricted Stock and are not
subject to forfeiture, except as otherwise provided in Section 9(c). Each Lock-up Period shall
survive the termination of the Employee’s employment hereunder. The Restricted Stock will be
subject to the terms of a restricted stock agreement to be entered into between the Employee and
contain such other provisions as determined necessary by the Board, which provisions shall not be
inconsistent with the terms set forth in this Agreement. For purposes of this Agreement, a
“Change in Control” means the acquisition, directly or indirectly, in one or more
transactions, by any person or group of persons acting in concern, of 50% of more of the then
outstanding voting securities of the Company or the power to cause the election of a majority of
the members of the Board of Directors of the Company.

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     (b) During the Employment Term, the Employee shall be eligible to receive other equity and
other long-term incentive awards under the equity-based incentive compensation plans adopted by the
Company during the Employment Term for which the Company’s senior executives are generally
eligible. The level of the Employee’s participation in any such plan, if any, shall be determined
in the sole discretion of the Board from time to time.

     7. EMPLOYEE BENEFITS.

     (a) BENEFIT PLANS. During the Employment Term, the Employee shall be entitled to participate
in any employee benefit plan that the Company has adopted or may adopt, maintain or contribute to
for the benefit of its employees generally from time to time in accordance with, and subject to,
the terms and conditions thereof, including satisfying the applicable eligibility requirements.
Notwithstanding the foregoing, the Company may in its sole discretion modify or terminate any
employee benefit plan at any time.

     (b) VACATIONS. During the Employment Term, the Employee shall be entitled to four weeks of
paid vacation per calendar year (as prorated for partial years) in accordance with the Company’s
policy on accrual and use applicable to employees as in effect from time to time. The Employee
agrees that any vacation taken by the Employee during the Employment Term shall be taken at times
which are mutually determined by the Chairman and the Employee not to interfere, in any material
respect, with the Employee’s performance of his duties hereunder.

     (c) BUSINESS AND ENTERTAINMENT EXPENSES. Upon presentation of appropriate documentation, the
Employee shall be reimbursed in accordance with the Company’s expense reimbursement policy, for all
reasonable business and entertainment expenses incurred in connection with the performance of the
Employee’s duties hereunder and the Company’s policies with regard thereto.

     8. TERMINATION. The Employee’s employment and the Employment Term shall terminate on the
first of the following to occur:

     (a) DISABILITY. Upon written notice by the Company to the Employee of termination due to
Disability. For purposes of this Agreement, “Disability” shall be defined as the inability
of the Employee to have performed the Employee’s material duties hereunder due to a physical or
mental injury, infirmity or incapacity for 180 days (including weekends and holidays) in any
365-day period.

     (b) DEATH. Automatically on the date of death of the Employee.

     (c) CAUSE. Immediately upon written notice by the Company to the Employee of a termination
for Cause. “Cause” shall mean:

     (i) the Employee’s willful misconduct or gross negligence in the performance of the
Employee’s duties to the Company that has or could reasonably be expected to have an adverse
effect on the Business that, if curable, is not cured within 30 days of the giving of
written notice thereof to the Employee;

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     (ii) the Employee’s repeated refusal or failure to perform the Employee’s duties to the
Company or to follow the lawful directives of the Board or a more senior executive (other
than as a result of death or a physical or mental incapacity), which refusal or failure
continued for at least 30 days following the giving of written notice of demand for
substantial performance to the Employee;

     (iii) indictment for, conviction of, or pleading of guilty or nolo
contendere to, a felony or any crime involving moral turpitude;

     (iv) the Employee’s embezzlement or misappropriation of corporate funds or other acts
of theft, fraud, malfeasance, self-dealing, dishonesty or breach of fiduciary duty in
connection with the performance of the Employee’s duties to the Company;

     (v) the Employee either not receiving approval from the Bank Regulators to serve as
either the Chief Financial Officer of the Business or the Principal Accounting Officer of
the Company or later being determined by the Bank Regulators to be unsuitable to serve in
either such capacity. “Bank Regulators” shall mean the Federal Deposit Insurance
Corporation or any successor thereto, the Office of the Nevada Division of Banking, or any
other federal or state regulatory agency with authority over the Company or Colonial Bank;

     (vi) breach of Section 11 of this Agreement; or

     (vii) material breach of any other Section of this Agreement or any other agreement
with the Company, or a violation of the Company’s code of conduct or other written policy
that, if curable, is not cured within 30 days of the giving of written notice thereof to the
Employee.

     (d) WITHOUT CAUSE. Immediately upon written notice by the Company to the Employee of an
involuntary termination without Cause (other than for death or Disability).

     (e) GOOD REASON. Upon written notice by the Employee to the Company of a termination for Good
Reason. “Good Reason” shall mean the occurrence of any of the following events without the
written consent of the Employee, unless such events are fully corrected in all material respects by
the Company within 30 days following its receipt of the written notification by the Employee to the
Company described below:

     (i) material diminution in the Employee’s Base Salary; or

     (ii) relocation of the Employee’s primary work location outside Nevada.

Any claim of any such event as “Good Reason” shall be deemed irrevocably waived by the Employee
unless: (x) the Employee delivers written notice to the Board of his intent to resign from his
employment hereunder for Good Reason within 60 days following the date on which the event the
Employee claims constitutes Good Reason occurs, which notice shall specifically identify the facts
and circumstances the Employee claims constitutes Good Reason, and (y) the Employee resigns from
his employment hereunder for Good Reason within 150 days following the date on which the event the
Employee claims constitutes Good Reason occurs.

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     (f) WITHOUT GOOD REASON. Upon 30 days’ prior written notice by the Employee to the Company of
the Employee’s voluntary termination of employment without Good Reason; provided, that upon
receipt of such notice the Company may, in its sole discretion, make such termination effective at
an earlier date and the termination shall still be treated as a voluntary termination by the
Employee without Good Reason.

     (g) EXPIRATION OF EMPLOYMENT TERM; NON-EXTENSION OF AGREEMENT. Upon the expiration of the
Employment Term due to a non-extension of the Agreement by the Company or the Employee pursuant to
the provisions of Section 2 hereof.

     9. CONSEQUENCES OF TERMINATION.

     (a) DEATH. In the event that the Employee’s employment and the Employment Term ends on
account of the Employee’s death, the Employee’s estate shall be entitled to the following:

     (i) any unpaid Base Salary through the date of termination, paid in accordance with the
regular payroll practices of the Company;

     (ii) any Annual Bonus earned but unpaid with respect to the fiscal year ending on or
preceding the date of termination;

     (iii) reimbursement for any unreimbursed business expenses incurred through the date of
termination pursuant to, and paid in accordance with, Sections 6(c) and 24(b)(iii) of this
Agreement;

     (iv) any accrued but unused vacation time paid in accordance with Company policy; and

     (v) such vested accrued benefits, if any, as to which the Employee may be entitled
under the Company’s employee benefit plans and programs applicable to the Employee as of the
date of termination (other than any severance pay plan), which shall be paid or provided in
accordance with the terms of the applicable plan or program (collectively, Sections 9(a)(i)
through 9(a)(iv) hereof shall be hereafter referred to as the “Accrued Benefits”).

For the avoidance of doubt, in the event that the Employee’s employment and the Employment Term
ends on account of the Employee’s death, any unvested shares of Restricted Stock shall be
forfeited.

     (b) DISABILITY. In the event that the Employee’s employment and/or Employment Term ends on
account of the Employee’s Disability, the Company shall pay or provide the Employee with the
Accrued Benefits. For the avoidance of doubt, in the event that the Employee’s employment and/or
Employment Term ends on account of the Employee’s Disability, any unvested shares of Restricted
Stock shall be forfeited.

     (c) TERMINATION FOR CAUSE OR WITHOUT GOOD REASON OR AS A RESULT OF EMPLOYEE NON-EXTENSION OF
THIS AGREEMENT. If the

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Employee’s employment is terminated (i) by the Company for Cause, (ii) by the Employee without
Good Reason, or (iii) as a result of the Employee’s non-extension of the Employment Term as
provided in Section 2 hereof, the Company shall pay to the Employee the Accrued Benefits, and, if
the Employee’s employment is terminated on account of Section 9(c)(i) during the Employment Term or
Section 9(c)(ii) through the fifth anniversary of the Effective Date, the Employee shall forfeit
and transfer to the Company at no cost (other than any amounts the Employee paid to acquire such
shares) 50% of the shares of Restricted Stock vested (subject to reduction for any amount of tax
liability incurred by the Employee with respect to that 50% of the shares); provided, that
the Employee has not made an election with respect to the shares of Restricted Stock under Section
83(b) of the Code (as defined in Section 24(b)), as of the date of termination (including any
shares subject to a Lock-up Period), and, for the avoidance of doubt, any unvested shares of
Restricted Stock shall be forfeited.

     (d) TERMINATION WITHOUT CAUSE OR FOR GOOD REASON OR AS A RESULT OF COMPANY NON-EXTENSION OF
THIS AGREEMENT. If the Employee’s employment by the Company is terminated (x) by the Company other
than for Cause, (y) by the Employee for Good Reason, or (z) as a result of the Company’s
non-extension of the Employment Term as provided in Section 2 hereof, the Company shall pay or
provide the Employee with the Accrued Benefits and, subject to the Employee’s compliance with the
obligations in Sections 10, 11 and 12 hereof, the following, subject to the provisions of Section
24 hereof:

     (i) an amount equal to the Employee’s monthly Base Salary rate (but not as an
employee), which would continue to be paid monthly for a period of 12 months following the
date of such termination; provided, that the first payment shall be made on the
first payroll period on or after the 60th day following such termination and
shall include payment of any amounts that would otherwise be due prior thereto; and

     (ii) subject to (A) the Employee’s timely election of continuation coverage under the
Consolidated Omnibus Budget Reconciliation Act of 1985, as amended (“COBRA”), and
(B) the Employee’s continued co-payment of premiums at the same level and cost to the
Employee as if the Employee were an employee of the Company (excluding, for purposes of
calculating cost, an employee’s ability to pay premiums with pre-tax dollars) (the “active
employee rate”), continued participation in the Company’s group health plan (to the extent
permitted under applicable law and the terms of such plan) which covers the Employee for a
period of up to 18 months at the Company’s expense (other than as set forth in sub-section
(B)), provided, that the Employee is eligible and remains eligible for COBRA
coverage; and provided, further, that in the event that the Employee obtains
other employment that offers group health benefits, such continuation of coverage by the
Company under this Section 9(d)(ii) shall immediately cease. Notwithstanding the foregoing,
if he benefits under the Company’s group health plan will be taxable to the Employee, then
in lieu of the Company’s payments for such continued participation, the Company shall
reimburse the Employee for his premiums for continued coverage under such plan in the amount
that the cost of such coverage exceeds the active employee rate (as determined based on the
Executive’s premium rate in effect on the date of termination).

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For the avoidance of doubt, in the event that the Employee’s employment and/or Employment Term ends
in accordance with this Section 9(d), any unvested shares of Restricted Stock shall be forfeited,
but no vested shares of Restricted Stock shall be forfeited. Payments and benefits provided in
this Section 9(d) shall be in lieu of any termination or severance payments or benefits for which
the Employee may be eligible under any of the plans, policies or programs of the Company.

     (e) OTHER OBLIGATIONS. Upon any termination of the Employee’s employment with the Company,
the Employee shall promptly resign from any other position as an officer, director or fiduciary of
any Company-related entity.

     10. RELEASE; NO MITIGATION. Any and all amounts payable and benefits or additional rights
provided to the Employee upon a termination of his employment pursuant to Section 9 (other than the
Accrued Benefits) shall only be payable or provided if the Employee delivers to the Company and
does not revoke a general release of claims in favor of the Company and certain related parties in
a form reasonably satisfactory to the Company, which the Company shall provide to the Employee
within seven days following the date of termination. Such release shall be executed and delivered
(and no longer subject to revocation, if applicable) within 60 days following termination. In no
event shall the Employee be obligated to seek other employment or take any other action by way of
mitigation of the amounts payable to the Employee under any of the provisions of this Agreement,
nor shall the amount of any payment hereunder be reduced by any compensation earned by the Employee
as a result of employment by a subsequent employer, except as provided in Section 9(d)(ii) hereof.
The Employee shall not be entitled to any release of claims from the Company in favor of the
Employee.

     11. RESTRICTIVE COVENANTS.

     (a) CONFIDENTIALITY. The Employee agrees that the Employee shall not, directly or indirectly,
use, make available, sell, disclose or otherwise communicate to any person, other than in the
course of the Employee’s assigned duties and for the benefit of the Company, either during the
period of the Employee’s employment or at any time thereafter, any business and technical
information or trade secrets, nonpublic, proprietary or confidential information, knowledge or data
relating to the Company, any of its subsidiaries, affiliated companies or businesses, which shall
have been obtained by the Employee during the Employee’s employment by the Company (or any
predecessor). The foregoing shall not apply to information that (A) was known to the public prior
to its disclosure to the Employee; (B) becomes generally known to the public subsequent to
disclosure to the Employee through no wrongful act of the Employee or any representative of the
Employee; or (C) the Employee is required to disclose by applicable law, regulation or legal
process (provided, that the Employee provides the Company with prior notice of the
contemplated disclosure and cooperates with the Company at its expense in seeking a protective
order or other appropriate protection of such information).

     (b) NONCOMPETITION. The Employee acknowledges that the Employee performs services of a unique
nature for the Company that are irreplaceable, and that the Employee’s performance of such services
to a competing business will result in irreparable harm to the Company. Accordingly, during the
Employee’s employment hereunder and for a period of 1 year thereafter, the Employee agrees that the
Employee will not, directly or indirectly, own,

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manage, operate, control, be employed by (whether as an employee, consultant, independent
contractor or otherwise, and whether or not for compensation) or render services to any person,
firm, corporation or other entity, in whatever form, engaged in competition with the Company or any
of its subsidiaries or affiliates or in any other material business in which the Company or any of
its subsidiaries or affiliates is engaged on the date of termination or in which they have planned,
on or prior to such date, to be engaged in on or after such date, within the State of Nevada.
Notwithstanding the foregoing, nothing herein shall prohibit the Employee from being a passive
owner of not more than one percent of the equity securities of a publicly traded corporation
engaged in a business that is in competition with the Company or any of its subsidiaries or
affiliates, so long as the Employee has no active participation in the business of such
corporation.

     (c) NONSOLICITATION; NONINTERFERENCE. (i) During the Employee’s employment with the Company
and for a period of 1 year thereafter, the Employee agrees that the Employee shall not, except in
the furtherance of the Employee’s duties hereunder, directly or indirectly, individually or on
behalf of any other person, firm, corporation or other entity, solicit, aid or induce any customer
of the Company or any of its subsidiaries or affiliates to purchase goods or services then sold by
the Company or any of its subsidiaries or affiliates from another person, firm, corporation or
other entity or assist or aid any other persons or entity in identifying or soliciting any such
customer.

     (ii) During the Employee’s employment with the Company and for a period of 2 years
thereafter, the Employee agrees that the Employee shall not, except in the furtherance of
the Employee’s duties hereunder, directly or indirectly, individually or on behalf of any
other person, firm, corporation or other entity, (A) solicit, aid or induce any employee,
representative or agent of the Company or any of its subsidiaries or affiliates to leave
such employment or retention or to accept employment with or render services to or with any
other person, firm, corporation or other entity unaffiliated with the Company or hire or
retain any such employee, representative or agent, or take any action to materially assist
or aid any other person, firm, corporation or other entity in identifying, hiring or
soliciting any such employee, representative or agent, or (B) interfere, or aid or induce
any other person or entity in interfering, with the relationship between the Company or any
of its subsidiaries or affiliates and any of their respective vendors, joint venturers or
licensors. An employee, representative or agent shall be deemed covered by this Section
11(c)(ii) while so employed or retained and for a period of six (6) months thereafter.

     (d) NONDISPARAGMENT. The Employee agrees not to make negative comments or otherwise disparage
the Company or its officers, directors, employees, shareholders, agents or products, in any manner
likely to be harmful to them or their business, business reputation or personal reputation other
than while employed by the Company, in the good faith performance of the Employee’s duties to the
Company. The foregoing shall not be violated by truthful statements in response to legal process,
required governmental testimony or filings, or administrative or arbitral proceedings (including,
without limitation, depositions in connection with such proceedings); provided, that prior
to making any such statement the Employee shall provide the Company with prior notice and shall
reasonably cooperate with the Company in seeking a protective order or other appropriate protection
against making such statement.

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     (e) INVENTIONS. (i) The Employee acknowledges and agrees that all ideas, methods,
inventions, discoveries, improvements, work products or developments (“Inventions”),
whether patentable or unpatentable, (A) that relate to the Employee’s work with the Company, made
or conceived by the Employee, solely or jointly with others, during the Employment Term, or (B)
suggested by any work that the Employee performs in connection with the Company, either while
performing the Employee’s duties to the Company or on the Employee’s own time, but only insofar as
the Inventions are related to the Employee’s work as an employee or other service provider to the
Company, shall belong exclusively to the Company (or its designee), whether or not patent
applications are filed thereon. The Employee will keep full and complete written records (the
“Records”), in the manner prescribed by the Company, of all Inventions, and will promptly
disclose all Inventions completely and in writing to the Company. The Records shall be the sole
and exclusive property of the Company, and the Employee will surrender them upon the termination of
the Employment Term, or upon the Company’s request. The Employee will assign to the Company the
Inventions and all patents that may issue thereon in any and all countries, whether during or
subsequent to the Employment Term, together with the right to file, in the Employee’s name or in
the name of the Company (or its designee), applications for patents and equivalent rights (the
“Applications”). The Employee will, at any time during and subsequent to the Employment
Term, make such applications, sign such papers, take all rightful oaths, and perform all acts as
may be requested from time to time by the Company with respect to the Inventions. The Employee
will also execute assignments to the Company (or its designee) of the Applications, and give the
Company and its attorneys all reasonable assistance (including the giving of testimony) to obtain
the Inventions for its benefit, all without additional compensation to the Employee from the
Company, but entirely at the Company’s expense.

     (ii) In addition, the Inventions will be deemed Work for Hire, as such term is defined
under the copyright laws of the United States, on behalf of the Company and the Employee
agrees that the Company will be the sole owner of the Inventions, and all underlying rights
therein, in all media now known or hereinafter devised, throughout the universe and in
perpetuity without any further obligations to the Employee. If the Inventions, or any
portion thereof, are deemed not to be Work for Hire, the Employee hereby irrevocably
conveys, transfers and assigns to the Company, all rights, in all media now known or
hereinafter devised, throughout the universe and in perpetuity, in and to the Inventions,
including, without limitation, all of the Employee’s right, title and interest in the
copyrights (and all renewals, revivals and extensions thereof) to the Inventions, including,
without limitation, all rights of any kind or any nature now or hereafter recognized,
including without limitation, the unrestricted right to make modifications, adaptations and
revisions to the Inventions, to exploit and allow others to exploit the Inventions and all
rights to sue at law or in equity for any infringement, or other unauthorized use or conduct
in derogation of the Inventions, known or unknown, prior to the date hereof, including,
without limitation, the right to receive all proceeds and damages therefrom. In addition,
the Employee hereby waives any so-called “moral rights” with respect to the Inventions. The
Employee hereby waives any and all currently existing and future monetary rights in and to
the Inventions and all patents that may issue thereon, including, without limitation, any
rights that would otherwise accrue to the Employee’s benefit by virtue of the Employee being
an employee of or other service provider to the Company.

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     (f) RETURN OF COMPANY PROPERTY. On the date of the Employee’s termination of employment with
the Company for any reason (or at any time prior thereto at the Company’s request), the Employee
shall return all property belonging to the Company or its affiliates (including, but not limited
to, any Company-provided laptops, computers, cell phones, wireless electronic mail devices or other
equipment, or documents and property belonging to the Company).

     (g) REFORMATION. If it is determined by a court of competent jurisdiction in any state that
any restriction in this Section 11 is excessive in duration or scope or is unreasonable or
unenforceable under the laws of that state, it is the intention of the parties that such
restriction may be modified or amended by the court to render it enforceable to the maximum extent
permitted by the laws of that state.

     (h) TOLLING. In the event of any violation of the provisions of this Section 11, the Employee
acknowledges and agrees that the post-termination restrictions contained in this Section 11 shall
be extended by a period of time equal to the period of such violation, it being the intention of
the parties hereto that the running of the applicable post-termination restriction period shall be
tolled during any period of such violation.

     (i) SURVIVAL OF PROVISIONS. The obligations contained in Sections 1111 and 12 hereof shall
survive the termination or expiration of the Employment Term and the Employee’s employment with the
Company and shall be fully enforceable thereafter.

     12. COOPERATION. Upon the receipt of reasonable notice from the Company (including its
outside counsel), the Employee agrees that while employed by the Company and thereafter, the
Employee will respond and provide information with regard to matters in which the Employee has
knowledge as a result of the Employee’s employment with the Company, and will provide reasonable
assistance to the Company, its affiliates and their respective representatives in defense of any
claims that may be made against the Company or its affiliates, and will assist the Company and its
affiliates in the prosecution of any claims that may be made by the Company or its affiliates, to
the extent that such claims may relate to the period of the Employee’s employment with the Company.
The Employee agrees to promptly inform the Company if the Employee becomes aware of any lawsuits
involving such claims that may be filed or threatened against the Company or its affiliates. The
Employee also agrees to promptly inform the Company (to the extent that the Employee is legally
permitted to do so) if the Employee is asked to assist in any investigation of the Company or its
affiliates (or their actions), regardless of whether a lawsuit or other proceeding has then been
filed against the Company or its affiliates with respect to such investigation, and shall not do so
unless legally required. If the Employee is required to provide services pursuant to this Section
12 following the Employment Term for more than five hours per month for more than three months,
then (a) the Employee shall receive a fee for his time at a rate of $1,000 per day and (b) in
accordance with its reimbursement policies and procedures as in effect, including the timely
submission of proper documentation supporting such expenses, the Company will pay (or reimburse the
Employee for) reasonable out-of-pocket travel, lodging, communication and duplication expenses
incurred in connection with the performance of such services.

11

 

     13. EQUITABLE RELIEF AND OTHER REMEDIES. The Employee acknowledges and agrees that the
Company’s remedies at law for a breach or threatened breach of any of the provisions of Section 11
or Section 12 hereof would be inadequate and, in recognition of this fact, the Employee agrees
that, in the event of such a breach or threatened breach, in addition to any remedies at law, the
Company, without posting any bond, shall be entitled to obtain equitable relief in the form of
specific performance, a temporary restraining order, a temporary or permanent injunction or any
other equitable remedy which may then be available. In the event of a violation by the Employee of
Section 1111 or Section 12 hereof, any severance being paid or provided to the Employee pursuant to
this Agreement or otherwise shall immediately cease, and any severance previously paid to the
Employee shall be immediately repaid to the Company.

     14. NO ASSIGNMENTS. This Agreement is personal to each of the parties hereto. Except as
provided in this Section 14 hereof, no party may assign or delegate any rights or obligations
hereunder without first obtaining the written consent of the other party hereto. The Employee
hereby acknowledges and agree that the Company may assign this Agreement (including the provisions
of Section 11 and Section 12) to any successor to all or substantially all of the business and/or
assets of the Company. As used in this Agreement, “Company” shall mean the Company and any
successor to its business and/or assets.

     15. NOTICE. For purposes of this Agreement, notices and all other communications provided for
in this Agreement shall be in writing. Each notice and all other communications shall be delivered
either by hand, by confirmed facsimile or electronic mail (but only if followed by transmittal by
national overnight courier or hand delivered in person on the next business day), by guaranteed
overnight delivery service, or by United States registered or certified mail, return receipt
requested, postage prepaid, addressed as follows:

If to the Employee:

At the address (or to the facsimile number) shown

on the records of the Company

If to the Company:

Global Consumer Acquisition Corp.

1370 Avenue of the Americas

28th Floor

New York, New York 10019

Attention: Jason N. Ader, Chairman

Facsimile: 212.445.7800

with a copy to:

Proskauer Rose LLP

1585 Broadway

New York, New York 10036-8299

Attention: Jeffrey A. Horwitz

Facsimile: 212.969.2900

12

 

or to such other address as either party may have furnished to the other in writing in accordance
herewith. Each notice and all other communications shall be deemed duly given and effective upon
actual receipt (or refusal of receipt).

     16. SECTION HEADINGS; INCONSISTENCY. The section headings used in this Agreement are included
solely for convenience and shall not affect, or be used in connection with, the interpretation of
this Agreement. In the event of any inconsistency between the terms of this Agreement and any
form, award, plan or policy of the Company, the terms of this Agreement shall govern and control.

     17. SEVERABILITY. The provisions of this Agreement shall be deemed severable and the
invalidity or unenforceability of any provision shall not affect the validity or enforceability of
the other provisions hereof.

     18. COUNTERPARTS. This Agreement may be executed in several counterparts, each of which shall
be deemed to be an original but all of which together will constitute one and the same instrument.

     19. GOVERNING LAW; CONSENT TO JURISDICTION; WAIVER OF JURY TRIAL. This Agreement shall be
governed by and construed in accordance with the internal laws of the State of New York, without
regard to its principles of conflicts of laws. Each of the Parties irrevocably submits to the
exclusive jurisdiction of the courts of the State of New York located in New York City or the
United States District Court for the Southern District of New York for the purpose of any suit,
action, proceeding or judgment relating to or arising out of this Agreement and the transactions
contemplated hereby. Service of process in connection with any such suit, action or proceeding may
be served on each party hereto anywhere in the world by the same methods as are specified for the
giving of notices under this Agreement. Each of the parties hereto irrevocably consents to the
jurisdiction of any such court in any such suit, action or proceeding and to the laying of venue in
such court. Each party hereto irrevocably waives any objection to the laying of venue of any such
suit, action or proceeding brought in such courts and irrevocably waives any claim that any such
suit, action or proceeding brought in any such court has been brought in an inconvenient forum.
EACH OF THE PARTIES HERETO WAIVES ANY RIGHT TO REQUEST A TRIAL BY JURY IN ANY LITIGATION WITH
RESPECT TO THIS AGREEMENT AND REPRESENTS THAT COUNSEL HAS BEEN CONSULTED SPECIFICALLY AS TO THIS
WAIVER.

     20. INDEMNIFICATION. The Company hereby agrees to indemnify the Employee and hold the
Employee harmless to the extent provided under the By-Laws of the Company against and in respect of
any and all actions, suits, proceedings, claims, demands, judgments, costs, expenses (including
reasonable attorney’s fees), losses, and damages resulting from the Employee’s good faith
performance of the Employee’s duties and obligations with the Company. This obligation shall
survive the termination of the Employee’s employment with the Company.

     21. LIABILITY INSURANCE. The Company shall cover the Employee under directors’ and officers’
liability insurance both during and, while potential liability exists, after

13

 

the term of this Agreement in the same amount and to the same extent as the Company covers its
other officers and directors.

     22. MISCELLANEOUS. No provision of this Agreement may be modified, waived or discharged
unless such waiver, modification or discharge is agreed to in writing and signed by the Employee
and such officer or director as may be designated by the Board. No waiver by either party hereto
at any time of any breach by the other party hereto of, or compliance with, any condition or
provision of this Agreement to be performed by such other party shall be deemed a waiver of similar
or dissimilar provisions or conditions at the same or at any prior or subsequent time. This
Agreement together with all exhibits hereto sets forth the entire agreement of the parties hereto
in respect of the subject matter contained herein and supersedes any and all prior agreements or
understandings between the Employee and the Company with respect to the subject matter hereof. No
agreements or representations, oral or otherwise, express or implied, with respect to the subject
matter hereof have been made by either party which are not expressly set forth in this Agreement.

     23. REPRESENTATIONS. The Employee represents and warrants to the Company that (a) the
Employee has the legal right to enter into this Agreement and to perform all of the obligations on
the Employee’s part to be performed hereunder in accordance with its terms, and (b) the Employee is
not a party to any agreement or understanding, written or oral, and is not subject to any
restriction, which, in either case, could prevent the Employee from entering into this Agreement or
performing all of the Employee’s duties and obligations hereunder. In addition, the Employee
acknowledges that the Employee is aware of Section 304 (Forfeiture of Certain Bonuses and Profits)
of the Sarbanes-Oxley Act of 2002 and the right of the Company to be reimbursed for certain
payments to the Employee in compliance therewith. In addition, the Employee hereby represents,
warrants and agrees with the Company that: (i) a portion of the compensation payable to the
Employee pursuant to this Agreement constitutes good and valuable consideration, the receipt and
sufficiency of which are hereby expressly acknowledged, for the covenants and agreements contained
in Section 11 and Section 12; (ii) the covenants and agreements contained in Section 11 and Section
12 are reasonable, appropriate and suitable in their geographic scope, duration and content; the
Employee shall not, directly or indirectly, raise any issue of the reasonableness, appropriateness
and suitability of the geographic scope, duration or content of such covenants and agreements in
any proceeding to enforce such covenants and agreements; and such covenants and agreements shall
survive the termination of the Employees employment for the durations set forth therein; (iii) the
enforcement of any remedy under this Agreement will not prevent the Employee from earning a
livelihood because the Employee’s past work history and abilities are such that the Employee
reasonably can expect to find work, if he so chooses, in other areas and lines of business; (iv)
the covenants and agreements stated in Section 11 and Section 12 are essential for the Employer’s
reasonable protection; and (v) the Company has reasonably relied on these covenants and agreements
by the Employee.

     24. TAX MATTERS.

     (a) WITHHOLDING. The Employee shall pay, or make arrangements satisfactory to the Company to
pay, in a manner satisfactory to the Company, an amount equal to the amount of all applicable
federal, state and local taxes (but not the Company’ share of Social Security taxes) that the
Company is required to withhold at any time. In the absence of such

14

 

arrangements, the Company may withhold from any and all amounts payable under this Agreement
such federal, state and local taxes as may be required to be withheld pursuant to any applicable
law or regulation, including the right to retain, and not deliver to the Employee, vested shares of
the Company’s Restricted Stock otherwise deliverable to the Employee hereunder.

     (b) SECTION 409A COMPLIANCE.

     (i) The parties agree that this Agreement shall be interpreted to comply with Code
Section 409A of the Internal Revenue Code of 1986, as amended (the “Code”) and the
regulations and guidance promulgated thereunder to the extent applicable (collectively
“Code Section 409A”) and all provisions of this Agreement shall be construed in a
manner consistent with the requirements for avoiding taxes or penalties under Code Section
409A. In no event will the Company be liable for any additional tax, interest or penalties
that may be imposed on the Employee by Code Section 409A or any damages for failing to
comply with Code Section 409A or the provisions of this Section 24.

     (ii) Notwithstanding any provision to the contrary in this Agreement, a termination of
the Employee’s employment shall not be deemed to have occurred for purposes of any provision
of this Agreement providing for the payment of any amounts or benefits upon or following a
termination of employment unless such termination is also a “separation from service”
(within the meaning of Code Section 409A) and, for purposes of any such provision of this
Agreement, references to a “termination” or “termination of employment” will mean separation
from service. If the Employee is deemed on the date of termination of his employment to be
a “specified employee”, within the meaning of that term under Section 409A(a)(2)(B) of the
Code and using the identification methodology selected by the Company from time to time, or
if none, the default methodology set forth in Code Section 409A, then with regard to any
payment or the providing of any benefit that constitutes “non-qualified deferred
compensation” pursuant to Code Section 409A, such payment or benefit will not be made or
provided prior to the earlier of (i) the expiration of the six-month period measured from
the date of the Employees separation from service or (ii) the date of the Employee’s death.
On the first day of the seventh month following the date of the Employee’s separation from
service or, if earlier, on the date of the Employee’s death, all payments delayed pursuant
to this Section (whether they would have otherwise been payable in a single sum or in
installments in the absence of such delay) will be paid or reimbursed to the Employee in a
lump sum, and any remaining payments and benefits due under this Agreement will be paid or
provided in accordance with the normal payment dates specified for them herein.

     (iii) Any reimbursement of costs and expenses provided for under this Agreement shall
be made no later than December 31 of the calendar year next following the calendar year in
which the expenses to be reimbursed are incurred.

     (iv) With regard to any provision herein that provides for reimbursement of expenses or
in-kind benefits, except as permitted by Code Section 409A, (i) the right to reimbursement
or in-kind benefits is not subject to liquidation or exchange for another benefit, and (ii)
the amount of expenses eligible for reimbursement, or in-kind benefits,

15

 

provided during any taxable year shall not affect the expenses eligible for
reimbursement, or in-kind benefits to be provided, in any other taxable year,
provided, that the foregoing clause (ii) shall not be violated with regard to
expenses reimbursed under any arrangement covered by Code Section 105(b) solely because such
expenses are subject to a limit related to the period the arrangement is in effect.

     (v) With regard to any installment payments provided for herein, each installment
thereof shall be deemed a separate payment for purposes of Code Section 409A.

     (vi) Whenever a payment under this Agreement specifies a payment period with reference
to a number of days, the actual date of payment within the specified period shall be within
the sole discretion of the Company.

     (vii) To the extent that this Agreement provides for the Employee’s indemnification by
the Company and/or the payment or advancement of costs and expenses associated with
indemnification, any such amounts shall be paid or advanced to the Employee only in a manner
and to the extent that such amounts are exempt from the application of Code Section 409A in
accordance with the provisions of Treasury Regulation 1.409A-1(b)(10).

     25. WAIVER. The Employee hereby acknowledges that the aggregate gross proceeds from the
Company’s initial public offering (“IPO”), including the proceeds received upon the
consummation of the exercise of the over-allotment option, and proceeds received from a private
placement that closed simultaneously with the first closing of the IPO, including any accrued
interest not released to the Company in accordance with the terms of the IPO, was placed in a trust
account (the “Trust Account”) for the benefit of the Company’s public stockholders. The
Employee further hereby acknowledges and agrees that the Company does not have any right, title,
interest or claim of any kind in or to any monies in the Trust Account established by the Company
(“Claim”) and hereby waives any Claim the Company may have in the future as a result of, or
arising out of, any negotiations, contracts or agreements with the Company and will not seek
recourse against the Trust Account for any reason whatsoever.

[REMAINDER OF PAGE INTENTIONALLY LEFT BLANK]

16

 

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

	 	 	 	 	 	 	 
	 	 	GLOBAL CONSUMER ACQUISITION CORP.	 	 
	 
	 	 	 	 	 	 
	 

	 	By:

Name:
	 	/s/ Jason N. Ader
 

Jason N. Ader
	 	 
	 

	 	Title:
	 	Chairman	 	 
	 
	 	 	 	 	 	 
	 	 	/s/ George A.
Rosenbaum, Jr.	 	 
	 	 	 	 	 
	 	 	GEORGE A. ROSENBAUM,
JR.exhibit102.htm

    MEDEFILE 2009
INCENTIVE STOCK PLAN

     

    
      
        

        

      

       

    

    This
Medefile
2009 Incentive Stock Plan (the "Plan") is designed to retain
directors, executives and selected employees and consultants and reward them for
making major contributions to the success of the Company.  These
objectives are accomplished by making long-term incentive awards under the Plan
thereby providing Participants with a proprietary interest in the growth and
performance of the Company.

    

    
      	
              1.  

            	
              Definitions.

            

    

    

    
      	
              (a)  

            	
              "Board" - The Board of
      Directors of the Company.

            

    

    

    
      	
              (b)  

            	
              "Code" - The Internal
      Revenue Code of 1986, as amended from time to
  time.

            

    

    

    
      	
              (c)  

            	
              "Committee" - The
      Compensation Committee of the Company's Board, or such other committee of
      the Board that is designated by the Board to administer the Plan, composed
      of not less than two members of the Board all of whom are disinterested
      persons, as contemplated by Rule 16b-3 ("Rule 16b-3") promulgated
      under the Securities Exchange Act of 1934, as amended (the "Exchange
      Act").

            

    

    

    
      	
              (d)  

            	
              "Company" – Medefile
      International, Inc. and its subsidiaries including subsidiaries of
      subsidiaries.

            

    

    

    
      	
              (e)  

            	
              "Exchange Act" - The
      Securities Exchange Act of 1934, as amended from time to
    time.

            

    

    

    
      	
              (f)  

            	
              "Fair Market Value" - The
      fair market value of the Company's issued and outstanding Stock as
      determined in good faith by the Board or
  Committee.

            

    

    

    
      	
              (g)  

            	
              "Grant" - The grant of
      any form of stock option, stock award, or stock purchase offer, whether
      granted singly, in combination or in tandem, to a Participant pursuant to
      such terms, conditions and limitations as the Committee may establish in
      order to fulfill the objectives of the
Plan.

            

    

    

    
      	
              (h)  

            	
              "Grant Agreement" - An
      agreement between the Company and a Participant that sets forth the terms,
      conditions and limitations applicable to a
  Grant.

            

    

    

    
      	
              (i)  

            	
              "Option" - Either an
      Incentive Stock Option, in accordance with Section 422 of Code, or a
      Nonstatutory Option, to purchase the Company's Stock that may be awarded
      to a Participant under the Plan. A Participant who receives an award of an
      Option shall be referred to as an "Optionee."

            

    

    

    
      	
              (j)  

            	
              "Participant" - A
      director, officer, employee or consultant of the Company to whom an Award
      has been made under the Plan.

            

    

     

     

    
      
        
        

      

      
        1

        
          

        

      

      
        
        

      

    

    
 

    
      	
              (k)  

            	
              "Restricted Stock Purchase
      Offer" - A Grant of the right to purchase a specified number of
      shares of Stock pursuant to a written agreement issued under the
      Plan.

            

    

    

    
      	
              (l)  

            	
              "Securities Act" - The
      Securities Act of 1933, as amended from time to
  time.

            

    

    

    
      	
              (m)  

            	
              "Stock" - Authorized and
      issued or unissued shares of common stock of the
  Company.

            

    

    

    
      	
              (n)  

            	
              "Stock Award" - A Grant
      made under the Plan in stock or denominated in units of stock for which
      the Participant is not obligated to pay additional
      consideration.

            

    

    

    
      	
              2.  

            	
              Administration.
      The Plan shall be administered by the Board, provided however, that the
      Board may delegate such administration to the Committee. Subject to the
      provisions of the Plan, the Board and/or the Committee shall have
      authority to (a) grant, in its discretion, Incentive Stock Options in
      accordance with Section 422 of the Code, or Nonstatutory Options, Stock
      Awards or Restricted Stock Purchase Offers; (b) determine in good faith
      the fair market value of the Stock covered by any Grant; (c) determine
      which eligible persons shall receive Grants and the number of shares,
      restrictions, terms and conditions to be included in such Grants; (d)
      construe and interpret the Plan; (e) promulgate, amend and rescind rules
      and regulations relating to its administration, and correct defects,
      omissions and inconsistencies in the Plan or any Grant; (f) consistent
      with the Plan and with the consent of the Participant, as appropriate,
      amend any outstanding Grant or amend the exercise date or dates thereof;
      (g) determine the duration and purpose of leaves of absence which may be
      granted to Participants without constituting termination of their
      employment for the purpose of the Plan or any Grant; and (h) make all
      other determinations necessary or advisable for the Plan's administration.
      The interpretation and construction by the Board of any provisions of the
      Plan or selection of Participants shall be conclusive and final. No member
      of the Board or the Committee shall be liable for any action or
      determination made in good faith with respect to the Plan or any Grant
      made thereunder.

            

    

    

    
      	
              3.  

            	
              Eligibility.

            

    

    

    
      	
              (a)  

            	
              General:  The
      persons who shall be eligible to receive Grants shall be directors,
      officers, employees or consultants to the Company. The term consultant
      shall mean any person, other than an employee, who is engaged by the
      Company to render services and is compensated for such services. An
      Optionee may hold more than one Option. Any issuance of a Grant to an
      officer or director of the Company subsequent to the first registration of
      any of the securities of the Company under the Exchange Act shall comply
      with the requirements of Rule
16b-3.

            

    

    

    
      	
              (b)  

            	
              Incentive Stock
      Options:  Incentive Stock Options may only be issued to
      employees of the Company. Incentive Stock Options may be granted to
      officers or directors, provided they are also employees of the Company.
      Payment of a director's fee shall not be sufficient to constitute
      employment by the Company.

            

    

     

     

    
      
        
        

      

      
        2

        
          

        

      

      
        
        

      

    

    
 

    The
Company shall not grant an Incentive Stock Option under the Plan to any employee
if such Grant would result in such employee holding the right to exercise for
the first time in any one calendar year, under all Incentive Stock Options
granted under the Plan or any other plan maintained by the Company, with respect
to shares of Stock having an aggregate fair market value, determined as of the
date of the Option is granted, in excess of $100,000. Should it be determined
that an Incentive Stock Option granted under the Plan exceeds such maximum for
any reason other than a failure in good faith to value the Stock subject to such
option, the excess portion of such option shall be considered a Nonstatutory
Option. To the extent the employee holds two (2) or more such Options which
become exercisable for the first time in the same calendar year, the foregoing
limitation on the exercisability of such Option as Incentive Stock Options under
the Federal tax laws shall be applied on the basis of the order in which such
Options are granted. If, for any reason, an entire Option does not qualify as an
Incentive Stock Option by reason of exceeding such maximum, such Option shall be
considered a Nonstatutory Option.

    

    
      	
              (c)  

            	
              Nonstatutory
      Option:  The provisions of the foregoing Section 3(b)
      shall not apply to any Option designated as a "Nonstatutory Option" or
      which sets forth the intention of the parties that the Option be a
      Nonstatutory Option.

            

    

    

    
      	
              (d)  

            	
              Stock Awards and
      Restricted Stock Purchase Offers:  The provisions of this
      Section 3 shall not apply to any Stock Award or Restricted Stock Purchase
      Offer under the Plan.

            

    

    

    
      	
              4.  

            	
              Stock.

            

    

    

    
      	
              (a)  

            	
              Authorized
      Stock: Stock subject to Grants may be either unissued or reacquired
      Stock.

            

    

    

    
      	
              (b)  

            	
              Number of
      Shares:  Subject to adjustment as provided in Section
      5(i) of the Plan, the total number of shares of Stock which may be
      purchased or granted directly by Options, Stock Awards or Restricted Stock
      Purchase Offers, or purchased indirectly through exercise of Options
      granted under the Plan shall not exceed Seven Hundred Fifty Million
      (750,000,000) shares.  If any Grant shall for any reason
      terminate or expire, any shares allocated thereto but remaining
      unpurchased upon such expiration or termination shall again be available
      for Grants with respect thereto under the Plan as though no Grant had
      previously occurred with respect to such shares. Any shares of Stock
      issued pursuant to a Grant and repurchased pursuant to the terms thereof
      shall be available for future Grants as though not previously covered by a
      Grant.

            

    

    

    
      	
              (c)  

            	
              Reservation of
      Shares:  The Company shall reserve and keep available at
      all times during the term of the Plan such number of shares as shall be
      sufficient to satisfy the requirements of the Plan. If, after reasonable
      efforts, which efforts shall not include the registration of the Plan or
      Grants under the Securities Act, the Company is unable to obtain authority
      from any applicable regulatory body, which authorization is deemed
      necessary by legal counsel for the Company for the lawful issuance of
      shares hereunder, the Company shall be relieved of any liability with
      respect to its failure to issue and sell the shares for which such
      requisite authority was so deemed necessary unless and until such
      authority is obtained.

            

    

     

    
      
        
        

      

      
        3

        
          

        

      

      
        
        

      

    

    
 

    
      	
              (d)  

            	
              Application of
      Funds: The proceeds received by the Company from the sale of
      Stock pursuant to the exercise of Options or rights under Stock Purchase
      Agreements will be used for general corporate
  purposes.

            

    

    

    
      	
              (e)  

            	
              No Obligation to
      Exercise:  The issuance of a Grant shall impose no
      obligation upon the Participant to exercise any rights under such
      Grant.

            

    

    

    
      	
              5.  

            	
              Terms
      and Conditions of Options. Options granted hereunder shall be evidenced by
      agreements between the Company and the respective Optionees, in such form
      and substance as the Board or Committee shall from time to time approve.
      The form of Incentive Stock Option Agreement attached hereto as Exhibit A and
      the three forms of a Nonstatutory Stock Option Agreement for employees,
      for directors and for consultants, attached hereto as Exhibit B-1,
      Exhibit
      B-2 and
      Exhibit B-3, respectively, shall be deemed to be approved by the
      Board. Option agreements need not be identical, and in each case may
      include such provisions as the Board or Committee may determine, but all
      such agreements shall be subject to and limited by the following terms and
      conditions:

            

    

    

    
      	
              (a)  

            	
              Number of
      Shares: Each Option shall state the number of shares to which it
      pertains.

            

    

    

    
      	
              (b)  

            	
              Exercise Price:
      Each Option shall state the exercise
price.

            

    

    

    
      	
              (c)  

            	
              Medium and Time of
      Payment:  The exercise price shall become immediately due
      upon exercise of the Option and shall be paid in cash or check made
      payable to the Company. Should the Company's outstanding Stock be
      registered under Section 12(g) of the Exchange Act at the time the Option
      is exercised, then the exercise price may also be paid as
      follows:

            

    

    

    
      	
              (i)  

            	
              in
      shares of Stock held by the Optionee for the requisite period necessary to
      avoid a charge to the Company's earnings for financial reporting purposes
      and valued at Fair Market Value on the exercise date,
  or

            

    

    

    
      	
              (ii)  

            	
              through
      a special sale and remittance procedure pursuant to which the Optionee
      shall concurrently provide irrevocable written instructions (a) to a
      Company designated brokerage firm to effect the immediate sale of the
      purchased shares and remit to the Company, out of the sale proceeds
      available on the settlement date, sufficient funds to cover the aggregate
      exercise price payable for the purchased shares plus all applicable
      Federal, state and local income and employment taxes required to be
      withheld by the Company by reason of such purchase and (b) to the Company
      to deliver the certificates for the purchased shares directly to such
      brokerage firm in order to complete the sale
  transaction.

            

    

    
 

    
      
        
        

      

      
        4

        
          

        

      

      
        
        

      

       

    

    At the discretion of the Board,
exercisable either at the time of Option grant or of Option exercise, the
exercise price may also be paid (i) by Optionee's delivery of a promissory note
in form and substance satisfactory to the Company and permissible under
applicable securities rules and bearing interest at a rate determined by the
Board in its sole discretion, but in no event less than the minimum rate of
interest required to avoid the imputation of compensation income to the Optionee
under the Federal tax laws, or (ii) in such other form of consideration
permitted by the State of Oklahoma corporations law as may be acceptable to the
Board.

    

    
      	
              (d)  

            	
              Term and Exercise of
      Options:  Any Option granted to an employee of the
      Company shall become exercisable over a period of no longer than ten (10)
      years. No Option shall be exercisable, in whole or in part, prior to one
      (1) year from the date it is granted unless the Board shall specifically
      determine otherwise, as provided herein. In no event shall any Option be
      exercisable after the expiration of ten (10) years from the date it is
      granted. Unless otherwise specified by the Board or the Committee in the
      resolution authorizing such Option, the date of grant of an Option shall
      be deemed to be the date upon which the Board or the Committee authorizes
      the granting of such Option.

            

    

    

    Each Option shall be exercisable to the
nearest whole share, in installments or otherwise, as the respective Option
agreements may provide. During the lifetime of an Optionee, the Option shall be
exercisable only by the Optionee and shall not be assignable or transferable by
the Optionee, and no other person shall acquire any rights therein. To the
extent not exercised, installments (if more than one) shall accumulate, but
shall be exercisable, in whole or in part, only during the period for exercise
as stated in the Option agreement, whether or not other installments are then
exercisable.

    

    
      	
              (e)  

            	
              Termination of Status
      as Employee, Consultant or Director:  If Optionee's
      status as an employee shall terminate for any reason other than Optionee's
      disability or death, then Optionee (or if the Optionee shall die after
      such termination, but prior to exercise, Optionee's personal
      representative or the person entitled to succeed to the Option) shall have
      the right to exercise the portions of any of Optionee's Incentive Stock
      Options which were exercisable as of the date of such termination, in
      whole or in part, not less than 30 days nor more than three (3) months
      after such termination (or, in the event of "termination for good
      cause" as that term is defined in Nevada case law related thereto,
      or by the terms of the Plan or the Option Agreement or an employment
      agreement, the Option shall automatically terminate as of the termination
      of employment as to all shares covered by the
  Option).

            

    

    

    With respect to Nonstatutory Options
granted to employees, directors or consultants, the Board may specify such
period for exercise, not less than 30 days (except that in the case of "termination for cause" or
removal of a director, the Option shall automatically terminate as of the
termination of employment or services as to shares covered by the Option,
following termination of employment or services as the Board deems reasonable
and appropriate. The Option may be exercised only with respect to installments
that the Optionee could have exercised at the date of termination of employment
or services. Nothing contained herein or in any Option granted pursuant hereto
shall be construed to affect or restrict in any way the right of the Company to
terminate the employment or services of an Optionee with or without
cause.

     

    
      
        
        

      

      
        5

        
          

        

      

      
        
        

      

    

    
 

    
      	
              (f)  

            	
              Disability of
      Optionee:  If an Optionee is disabled (within the meaning
      of Section 22(e)(3) of the Code) at the time of termination, the three (3)
      month period set forth in Section 5(e) shall be a period, as determined by
      the Board and set forth in the Option, of not less than six months nor
      more than one year after such
termination.

            

    

    

    
      	
              (g)  

            	
              Death of
      Optionee:  If an Optionee dies while employed by, engaged
      as a consultant to, or serving as a Director of the Company, the portion
      of such Optionee's Option which was exercisable at the date of death may
      be exercised, in whole or in part, by the estate of the decedent or by a
      person succeeding to the right to exercise such Option at any time within
      (i) a period, as determined by the Board and set forth in the Option, of
      not less than six (6) months nor more than one (1) year after Optionee's
      death, which period shall not be more, in the case of a Nonstatutory
      Option, than the period for exercise following termination of employment
      or services, or (ii) during the remaining term of the Option, whichever is
      the lesser. The Option may be so exercised only with respect to
      installments exercisable at the time of Optionee's death and not
      previously exercised by the
Optionee.

            

    

    

    
      	
              (h)  

            	
              Nontransferability of
      Option:  No Option shall be transferable by the Optionee,
      except by will or by the laws of descent and
  distribution.

            

    

    

    
      	
              (i)  

            	
              Recapitalization:  Subject
      to any required action of shareholders, the number of shares of Stock
      covered by each outstanding Option, and the exercise price per share
      thereof set forth in each such Option, shall be proportionately adjusted
      for any increase or decrease in the number of issued shares of Stock of
      the Company resulting from a stock split, stock dividend, combination,
      subdivision or reclassification of shares, or the payment of a stock
      dividend, or any other increase or decrease in the number of such shares
      affected without receipt of consideration by the Company; provided,
      however, the conversion of any convertible securities of the Company shall
      not be deemed to have been "effected without receipt of
      consideration" by the
Company.

            

    

    

    In the event of a proposed dissolution
or liquidation of the Company, a merger or consolidation in which the Company is
not the surviving entity, or a sale of all or substantially all of the assets or
capital stock of the Company (collectively, a "Reorganization"), unless
otherwise provided by the Board, this Option shall terminate immediately prior
to such date as is determined by the Board, which date shall be no later than
the consummation of such Reorganization.  In such event, if the entity
which shall be the surviving entity does not tender to Optionee an offer, for
which it has no obligation to do so, to substitute for any unexercised Option a
stock option or capital stock of such surviving of such surviving entity, as
applicable, which on an equitable basis shall provide the Optionee with
substantially the same economic benefit as such unexercised Option, then the
Board may grant to such Optionee, in its sole and absolute discretion and
without obligation, the right for a period commencing thirty (30) days prior to
and ending immediately prior to the date determined by the Board pursuant hereto
for termination of the Option or during the remaining term of the Option,
whichever is the lesser, to exercise any unexpired Option or Options without
regard to the installment provisions of Paragraph 6(d) of the Plan; provided,
that any such right granted shall be granted to all Optionees not receiving an
offer to receive substitute options on a consistent basis, and provided further,
that any such exercise shall be subject to the consummation of such
Reorganization.

     

    
      
        
        

      

      
        6

        
          

        

      

      
        
        

      

    

    

    Subject to any required action of
shareholders, if the Company shall be the surviving entity in any merger or
consolidation, each outstanding Option thereafter shall pertain to and apply to
the securities to which a holder of shares of Stock equal to the shares subject
to the Option would have been entitled by reason of such merger or
consolidation.

    

    In the event of a change in the Stock
of the Company as presently constituted, which is limited to a change of all of
its authorized shares without par value into the same number of shares with a
par value, the shares resulting from any such change shall be deemed to be the
Stock within the meaning of the Plan.

    

    To the extent that the foregoing
adjustments relate to stock or securities of the Company, such adjustments shall
be made by the Board, whose determination in that respect shall be final,
binding and conclusive. Except as expressly provided in this Section 5(i), the
Optionee shall have no rights by reason of any subdivision or consolidation of
shares of stock of any class or the payment of any stock dividend or any other
increase or decrease in the number of shares of stock of any class, and the
number or price of shares of Stock subject to any Option shall not be affected
by, and no adjustment shall be made by reason of, any dissolution, liquidation,
merger, consolidation or sale of assets or capital stock, or any issue by the
Company of shares of stock of any class or securities convertible into shares of
stock of any class.

    

    The Grant of an Option pursuant to the
Plan shall not affect in any way the right or power of the Company to make any
adjustments, reclassifications, reorganizations or changes in its capital or
business structure or to merge, consolidate, dissolve, or liquidate or to sell
or transfer all or any part of its business or assets.

    

    
      	
              (j)  

            	
              Rights as a
      Shareholder:  An Optionee shall have no rights as a
      shareholder with respect to any shares covered by an Option until the
      effective date of the issuance of the shares following exercise of such
      Option by Optionee. No adjustment shall be made for dividends (ordinary or
      extraordinary, whether in cash, securities or other property) or
      distributions or other rights for which the record date is prior to the
      date such stock certificate is issued, except as expressly provided in
      Section 5(i) hereof.

            

    

    

    
      	
              (k)  

            	
              Modification,
      Acceleration, Extension, and Renewal of Options:  Subject
      to the terms and conditions and within the limitations of the Plan, the
      Board may modify an Option, or, once an Option is exercisable, accelerate
      the rate at which it may be exercised, and may extend or renew outstanding
      Options granted under the Plan or accept the surrender of outstanding
      Options (to the extent not theretofore exercised) and authorize the
      granting of new Options in substitution for such Options, provided such
      action is permissible under Section 422 of the Code and applicable state
      securities rules. Notwithstanding the provisions of this Section 5(k),
      however, no modification of an Option shall, without the consent of the
      Optionee, alter to the Optionee's detriment or impair any rights or
      obligations under any Option theretofore granted under the
      Plan.

            

    

     

     

    
      
        
        

      

      
        7

        
          

        

      

      
        
        

      

    

    
 

    
      	
              (l)  

            	
              Exercise Before
      Exercise Date:  At the discretion of the Board, the
      Option may, but need not, include a provision whereby the Optionee may
      elect to exercise all or any portion of the Option prior to the stated
      exercise date of the Option or any installment thereof. Any shares so
      purchased prior to the stated exercise date shall be subject to repurchase
      by the Company upon termination of Optionee's employment as contemplated
      by Section 5(n) hereof prior to the exercise date stated in the Option and
      such other restrictions and conditions as the Board or Committee may deem
      advisable.

            

    

    

    
      	
              (m)  

            	
              Other
      Provisions:  The Option agreements authorized under the
      Plan shall contain such other provisions, including, without limitation,
      restrictions upon the exercise of the Options, as the Board or the
      Committee shall deem advisable. Shares shall not be issued pursuant to the
      exercise of an Option, if the exercise of such Option or the issuance of
      shares thereunder would violate, in the opinion of legal counsel for the
      Company, the provisions of any applicable law or the rules or regulations
      of any applicable governmental or administrative agency or body, such as
      the Code, the Securities Act, the Exchange Act, applicable state
      securities rules, Oklahoma corporation law, and the rules promulgated
      under the foregoing or the rules and regulations of any exchange upon
      which the shares of the Company are listed. Without limiting the
      generality of the foregoing, the exercise of each Option shall be subject
      to the condition that if at any time the Company shall determine that (i)
      the satisfaction of withholding tax or other similar liabilities, or (ii)
      the listing, registration or qualification of any shares covered by such
      exercise upon any securities exchange or under any state or federal law,
      or (iii) the consent or approval of any regulatory body, or (iv) the
      perfection of any exemption from any such withholding, listing,
      registration, qualification, consent or approval is necessary or desirable
      in connection with such exercise or the issuance of shares thereunder,
      then in any such event, such exercise shall not be effective unless such
      withholding, listing registration, qualification, consent, approval or
      exemption shall have been effected, obtained or perfected free of any
      conditions not acceptable to the
Company.

            

    

    

    
      	
              (n)  

            	
              Repurchase
      Agreement:  The Board may, in its discretion, require as
      a condition to the Grant of an Option hereunder, that an Optionee execute
      an agreement with the Company, in form and substance satisfactory to the
      Board in its discretion ("Repurchase Agreement"),
      (i) restricting the Optionee's right to transfer shares purchased under
      such Option without first offering such shares to the Company or another
      shareholder of the Company upon the same terms and conditions as provided
      therein; and (ii) providing that upon termination of Optionee's employment
      with the Company, for any reason, the Company (or another shareholder of
      the Company, as provided in the Repurchase Agreement) shall have the right
      at its discretion (or the discretion of such other shareholders) to
      purchase and/or redeem all such shares owned by the Optionee on the date
      of termination of his or her employment at a price equal to: (A) the fair
      value of such shares as of such date of termination; or (B) if such
      repurchase right lapses at 20% of the number of shares per year, the
      original purchase price of such shares, and upon terms of payment
      permissible under applicable state securities rules; provided that in the
      case of Options or Stock Awards granted to officers, directors,
      consultants or affiliates of the Company, such repurchase provisions may
      be subject to additional or greater restrictions as determined by the
      Board or Committee.

            

    

     

     

    
      
        
        

      

      
        8

        
          

        

      

      
        
        

      

    

    
 

    
      	
              6.  

            	
              Stock
      Awards and Restricted Stock Purchase
Offers.

            

    

    

    
      	
              (a)  

            	
              Types of
      Grants.

            

    

    

    
      	
              (i)  

            	
              Stock
      Award.  All or part of any Stock Award under the Plan may
      be subject to conditions established by the Board or the Committee, and
      set forth in the Stock Award Agreement, which may include, but are not
      limited to, continuous service with the Company, achievement of specific
      business objectives, increases in specified indices, attaining growth
      rates and other comparable measurements of Company performance. Such
      Awards may be based on Fair Market Value or other specified valuation. All
      Stock Awards will be made pursuant to the execution of a Stock Award
      Agreement substantially in the form attached hereto as Exhibit
      C.

            

    

    

    
      	
              (ii)  

            	
              Restricted Stock
      Purchase Offer.  A Grant of a Restricted Stock Purchase
      Offer under the Plan shall be subject to such (i) vesting contingencies
      related to the Participant's continued association with the Company for a
      specified time and (ii) other specified conditions as the Board or
      Committee shall determine, in their sole discretion, consistent with the
      provisions of the Plan. All Restricted Stock Purchase Offers shall be made
      pursuant to a Restricted Stock Purchase Offer substantially in the form
      attached hereto as Exhibit
      D.

            

    

    

    
      	
              (b)  

            	
              Conditions and
      Restrictions.  Shares of Stock which Participants may
      receive as a Stock Award under a Stock Award Agreement or Restricted Stock
      Purchase Offer under a Restricted Stock Purchase Offer may include such
      restrictions as the Board or Committee, as applicable, shall determine,
      including restrictions on transfer, repurchase rights, right of first
      refusal, and forfeiture provisions. When transfer of Stock is so
      restricted or subject to forfeiture provisions it is referred to as "Restricted Stock".
      Further, with Board or Committee approval, Stock Awards or Restricted
      Stock Purchase Offers may be deferred, either in the form of installments
      or a future lump sum distribution. The Board or Committee may permit
      selected Participants to elect to defer distributions of Stock Awards or
      Restricted Stock Purchase Offers in accordance with procedures established
      by the Board or Committee to assure that such deferrals comply with
      applicable requirements of the Code including, at the choice of
      Participants, the capability to make further deferrals for distribution
      after retirement. Any deferred distribution, whether elected by the
      Participant or specified by the Stock Award Agreement, Restricted Stock
      Purchase Offers or by the Board or Committee, may require the payment be
      forfeited in accordance with the provisions of Section 6(c). Dividends or
      dividend equivalent rights may be extended to and made part of any Stock
      Award or Restricted Stock Purchase Offers denominated in Stock or units of
      Stock, subject to such terms, conditions and restrictions as the Board or
      Committee may establish.

            

    

    

    
      	
              (c)  

            	
              Cancellation and
      Rescission of Grants.  Unless the Stock Award Agreement
      or Restricted Stock Purchase Offer specifies otherwise, the Board or
      Committee, as applicable, may cancel any unexpired, unpaid, or deferred
      Grants at any time if the Participant is not in compliance with all other
      applicable provisions of the Stock Award Agreement or Restricted Stock
      Purchase Offer, or the Plan.

            

    

     

     

    
      
        
        

      

      
        9

        
          

        

      

      
        
        

      

    

    
 

    

    
      	
              (d)  

            	
              Nonassignability.

            

    

    

    
      	
              (i)  

            	
              Except
      pursuant to Section 6(e)(iii) and except as set forth in Section 6(d)(ii),
      no Grant or any other benefit under the Plan shall be assignable or
      transferable, or payable to or exercisable by, anyone other than the
      Participant to whom it was granted.

            

    

    

    
      	
              (ii)  

            	
              Where
      a Participant terminates employment and retains a Grant pursuant to
      Section 6(e)(ii) in order to assume a position with a governmental,
      charitable or educational institution, the Board or Committee, in its
      discretion and to the extent permitted by law, may authorize a third party
      (including but not limited to the trustee of a "blind" trust), acceptable
      to the applicable governmental or institutional authorities, the
      Participant and the Board or Committee, to act on behalf of the
      Participant with regard to such
Awards.

            

    

    

    
      	
              (e)  

            	
              Termination of
      Employment.  If the employment or service to the Company
      of a Participant terminates, other than pursuant to any of the following
      provisions under this Section 6(e), all unexercised, deferred and unpaid
      Stock Awards or Restricted Stock Purchase Offers shall be cancelled
      immediately, unless the Stock Award Agreement or Restricted Stock Purchase
      Offer provides otherwise:

            

    

    

    
      	
              (i)  

            	
              Retirement Under a
      Company Retirement Plan.  When a Participant's employment
      terminates as a result of retirement in accordance with the terms of a
      Company retirement plan, the Board or Committee may permit Stock Awards or
      Restricted Stock Purchase Offers to continue in effect beyond the date of
      retirement in accordance with the applicable Grant Agreement and the
      exercisability and vesting of any such Grants may be
      accelerated.

            

    

    

    
      	
              (ii)  

            	
              Rights in the Best
      Interests of the Company.  When a Participant resigns
      from the Company and, in the judgment of the Board or Committee, the
      acceleration and/or continuation of outstanding Stock Awards or Restricted
      Stock Purchase Offers would be in the best interests of the Company, the
      Board or Committee may (i) authorize, where appropriate, the acceleration
      and/or continuation of all or any part of Grants issued prior to such
      termination and (ii) permit the exercise, vesting and payment of such
      Grants for such period as may be set forth in the applicable Grant
      Agreement, subject to earlier cancellation pursuant to Section 9 or at
      such time as the Board or Committee shall deem the continuation of all or
      any part of the Participant's Grants are not in the Company's best
      interest.

            

    

     

    
      	
              (iii)  

            	
              Death or Disability of
      a Participant.

            

    

     

    
      
        
        

      

      
        10

        
          

        

      

      
        
        

      

    

    
 

    
      	
              (1)  

            	
              In
      the event of a Participant's death, the Participant's estate or
      beneficiaries shall have a period up to the expiration date specified in
      the Grant Agreement within which to receive or exercise any outstanding
      Grant held by the Participant under such terms as may be specified in the
      applicable Grant Agreement. Rights to any such outstanding Grants shall
      pass by will or the laws of descent and distribution in the following
      order: (a) to beneficiaries so designated by the Participant; if none,
      then (b) to a legal representative of the Participant; if none, then (c)
      to the persons entitled thereto as determined by a court of competent
      jurisdiction. Grants so passing shall be made at such times and in such
      manner as if the Participant were
living.

            

    

    

    
      	
              (2)  

            	
              In
      the event a Participant is deemed by the Board or Committee to be unable
      to perform his or her usual duties by reason of mental disorder or medical
      condition which does not result from facts which would be grounds for
      termination for cause, Grants and rights to any such Grants may be paid to
      or exercised by the Participant, if legally competent, or a committee or
      other legally designated guardian or representative if the Participant is
      legally incompetent by virtue of such
  disability.

            

    

    

    
      	
              (3)  

            	
              After
      the death or disability of a Participant, the Board or Committee may in
      its sole discretion at any time (1) terminate restrictions in Grant
      Agreements; (2) accelerate any or all installments and rights; and (3)
      instruct the Company to pay the total of any accelerated payments in a
      lump sum to the Participant, the Participant's estate, beneficiaries or
      representative; notwithstanding that, in the absence of such termination
      of restrictions or acceleration of payments, any or all of the payments
      due under the Grant might ultimately have become payable to other
      beneficiaries.

            

    

    

    
      	
              (4)  

            	
              In
      the event of uncertainty as to interpretation of or controversies
      concerning this Section 6, the determinations of the Board or Committee,
      as applicable, shall be binding and
conclusive.

            

    

    

    
      	
              7.  

            	
              Investment
      Intent.  All Grants under the Plan are intended to be exempt
      from registration under the Securities Act provided by Rule 701
      thereunder. Unless and until the granting of Options or sale and issuance
      of Stock subject to the Plan are registered under the Securities Act or
      shall be exempt pursuant to the rules promulgated thereunder, each Grant
      under the Plan shall provide that the purchases or other acquisitions of
      Stock thereunder shall be for investment purposes and not with a view to,
      or for resale in connection with, any distribution thereof. Further,
      unless the issuance and sale of the Stock have been registered under the
      Securities Act, each Grant shall provide that no shares shall be purchased
      upon the exercise of the rights under such Grant unless and until (i) all
      then applicable requirements of state and federal laws and regulatory
      agencies shall have been fully complied with to the satisfaction of the
      Company and its counsel, and (ii) if requested to do so by the Company,
      the person exercising the rights under the Grant shall (i) give written
      assurances as to knowledge and experience of such person (or a
      representative employed by such person) in financial and business matters
      and the ability of such person (or representative) to evaluate the merits
      and risks of exercising the Option, and (ii) execute and deliver to the
      Company a letter of investment intent and/or such other form related to
      applicable exemptions from registration, all in such form and substance as
      the Company may require. If shares are issued upon exercise of any rights
      under a Grant without registration under the Securities Act, subsequent
      registration of such shares shall relieve the purchaser thereof of any
      investment restrictions or representations made upon the exercise of such
      rights.

            

    

    
 

    
      
        
        

      

      
        11

        
          

        

      

      
        
        

      

       

       

    

    
      	
              8.  

            	
              Amendment,
      Modification, Suspension or Discontinuance of the Plan.  The
      Board may, insofar as permitted by law, from time to time, with respect to
      any shares at the time not subject to outstanding Grants, suspend or
      terminate the Plan or revise or amend it in any respect whatsoever, except
      that without the approval of the shareholders of the Company, no such
      revision or amendment shall (i) increase the number of shares subject to
      the Plan, (ii) decrease the price at which Grants may be granted, (iii)
      materially increase the benefits to Participants, or (iv) change the class
      of persons eligible to receive Grants under the Plan; provided, however,
      no such action shall alter or impair the rights and obligations under any
      Option, or Stock Award, or Restricted Stock Purchase Offer outstanding as
      of the date thereof without the written consent of the Participant
      thereunder. No Grant may be issued while the Plan is suspended or after it
      is terminated, but the rights and obligations under any Grant issued while
      the Plan is in effect shall not be impaired by suspension or termination
      of the Plan.

            

    

    

    In the
event of any change in the outstanding Stock by reason of a stock split, stock
dividend, combination or reclassification of shares, recapitalization, merger,
or similar event, the Board or the Committee may adjust proportionally (a) the
number of shares of Stock (i) reserved under the Plan, (ii) available for
Incentive Stock Options and Nonstatutory Options and (iii) covered by
outstanding Stock Awards or Restricted Stock Purchase Offers; (b) the Stock
prices related to outstanding Grants; and (c) the appropriate Fair Market Value
and other price determinations for such Grants. In the event of any other change
affecting the Stock or any distribution (other than normal cash dividends) to
holders of Stock, such adjustments as may be deemed equitable by the Board or
the Committee, including adjustments to avoid fractional shares, shall be made
to give proper effect to such event. In the event of a corporate merger,
consolidation, acquisition of property or stock, separation, reorganization or
liquidation, the Board or the Committee shall be authorized to issue or assume
stock options, whether or not in a transaction to which Section 424(a) of the
Code applies, and other Grants by means of substitution of new Grant Agreements
for previously issued Grants or an assumption of previously issued
Grants.

    

    
      	
              9.  

            	
              Tax
      Withholding. The Company shall have the right to deduct applicable taxes
      from any Grant payment and withhold, at the time of delivery or exercise
      of Options, Stock Awards or Restricted Stock Purchase Offers or vesting of
      shares under such Grants, an appropriate number of shares for payment of
      taxes required by law or to take such other action as may be necessary in
      the opinion of the Company to satisfy all obligations for withholding of
      such taxes. If Stock is used to satisfy tax withholding, such stock shall
      be valued based on the Fair Market Value when the tax withholding is
      required to be made.

            

    

     

     

    
      
        
        

      

      
        12

        
          

        

      

      
        
        

      

    

    
 

    
      	
              10.  

            	
              Availability
      of Information. During the term of the Plan and any additional period
      during which a Grant granted pursuant to the Plan shall be exercisable,
      the Company shall make available, not later than one hundred and twenty
      (120) days following the close of each of its fiscal years, such financial
      and other information regarding the Company as is required by the bylaws
      of the Company and applicable law to be furnished in an annual report to
      the shareholders of the Company.

            

    

    

    
      	
              11.  

            	
              Notice.
      Any written notice to the Company required by any of the provisions of the
      Plan shall be addressed to the chief personnel officer or to the chief
      executive officer of the Company, and shall become effective when it is
      received by the office of the chief personnel officer or the chief
      executive officer.

            

    

    

    
      	
              12.  

            	
              Indemnification
      of Board. In addition to such other rights or indemnifications as they may
      have as directors or otherwise, and to the extent allowed by applicable
      law, the members of the Board and the Committee may be indemnified by the
      Company against the reasonable expenses, including attorneys' fees,
      actually and necessarily incurred in connection with the defense of any
      claim, action, suit or proceeding, or in connection with any appeal
      thereof, to which they or any of them may be a party by reason of any
      action taken, or failure to act, under or in connection with the Plan or
      any Grant granted thereunder, and against all amounts paid by them in
      settlement thereof (provided such settlement is approved by independent
      legal counsel selected by the Company) or paid by them in satisfaction of
      a judgment in any such claim, action, suit or proceeding, except in any
      case in relation to matters as to which it shall be adjudged in such
      claim, action, suit or proceeding that such Board or Committee member is
      liable for negligence or misconduct in the performance of his or her
      duties; provided that within sixty (60) days after institution of any such
      action, suit or Board proceeding the member involved shall offer the
      Company, in writing, the opportunity, at its own expense, to handle and
      defend the same.

            

    

    

    
      	
              13.  

            	
              Governing
      Law. The Plan and all determinations made and actions taken pursuant
      hereto, to the extent not otherwise governed by the Code or the securities
      laws of the United States, shall be governed by the law of the State of
      Nevada and construed accordingly.

            

    

    

    
      	
              14.  

            	
              Effective
      and Termination Dates. The Plan shall become effective on the date it is
      approved by the Board. If the Plan is not approved by the holders of a
      majority of the shares of Stock within one (1) year from the date it is
      adopted and approved by the Board of Directors of the Company, all stock
      options granted hereunder shall be deemed non-statutory
      options.  The Plan shall terminate ten years later, subject to
      earlier termination by the Board pursuant to Section
  8.

            

    

    

    The foregoing Amended and Restated
Medefile Incentive Stock Plan (consisting of 14 pages, including this page) was
duly adopted and approved by the Board of Directors on July __,
2009

     

     

     

    13

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00161-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00161-of-00352.parquet"}]]