Document:

Filed by Automated Filing Services Inc. (604) 609-0244 - Phage Genomics, Inc. - Exhibit 10.8

 EXTENSION AGREEMENT 

 THIS EXTENSION AGREEMENT is made effective as of the
  22nd day of June, 2005, by and among Phage Genomics, Inc. (the “Optionee”),
  K. Ian Matheson (“Matheson”), Searchlight Minerals, Inc. and Gold
  Crown Minerals Inc., (together the “Optionors”) (the "Extension
  Agreement"). 

 WHEREAS: 

 A.          The
  Optionors, the Optionee and Matheson are parties to a Letter Agreement dated
  as of February 8, 2005, (the "Letter Agreement"), wherein the Optionors agreed
  to assign, subject to the fulfillment of certain conditions, all of their right
  title and interest in the following Nevada mineral claims to the Optionee: 

	Nevada Mineral Claim 	Serial Number  
	 PV Brown 193  	 NMC 854993  
	 PV Brown 301  	 NMC 854994  

 B.          The
  Optionors and the Optionee mutually desire to extend the corporate restructuring
  date set out in Section 7 to the Letter Agreement (the “Restructuring
  Date”) upon the terms and conditions set forth herein. 

 NOW THEREFORE THIS AGREEMENT WITNESSES that in consideration
  of the premises contained herein and for other good and valuable consideration,
  the parties agree as follows: 

 1.         Extension
  of Restructuring Date. Section 7 of the Letter Agreement is hereby revised
  to read as follows: 

   “Phage is completing a corporate restructuring and
    Phage will issue the securities as set forth in this agreement upon completion
    of the restructuring which will be completed on or before June 30, 2005.”
  

 2.          No
  Other Modification. The parties confirm that the terms, covenants and conditions
  of the Letter Agreement remain unchanged and in full force and effect, except
  as modified by this Agreement.

 3.          Headings.
  The headings of the various sections of this Extension Agreement have been inserted
  for convenience of reference only and shall not be deemed to be part of this
  Extension Agreement. 

 4.          Counterparts.
  This Extension Agreement may be executed in two or more counterparts, each of
  which shall constitute an original, but all of which, when taken together, shall
  constitute but one instrument, and shall become effective when one or more counterparts
  have been signed by each party hereto and delivered to the other parties. 

 5.         Successors
  and Assigns. Except as otherwise expressly provided herein, the provisions
  hereof shall inure to the benefit of, and be binding upon, the successors, assigns,
  heirs, executors and administrators of the parties hereto. 

 2

 6.         Entire
  Agreement. This Extension Agreement constitutes the full and entire understanding
  and agreement between the parties with regard to the subject hereof. 

 IN WITNESS WHEREOF, the parties have duly executed
  and delivered this Extension Agreement as of the date first written above. 

	 PHAGE GENOMICS, INC.  	 	 GOLD CROWN MINERALS INC.  
	 by its authorized signatory:  	 	 by its authorized signatory:  
	 	 	 
	 	 	 
	
      /s/ K. Ian Matheson  	 	
      /s/ Karen Matheson  
	 Signature of Authorized Signatory  	 	 Signature of Authorized Signatory  
	 	 	 
	 	 	 
	
      K. Ian Matheson  	 	
      Karen Matheson  
	 Name of Authorized Signatory  	 	 Name of Authorized Signatory  
	 	 	 
	 	 	 
	
      President  	 	
      President  
	 Position of Authorized Signatory  	 	 Position of Authorized Signatory  
	 	 	 
	 	 	 
	 	 	 
	 SEARCHLIGHT MINERALS, INC.  	 	  
	 by its authorized signatory:  	 	  
	 	 	 
	 	 	 
	
      /s/ K. Ian Matheson  	 	  
	 Signature of Authorized Signatory  	 	  
	 	 	 
	 	 	 
	
      K. Ian Matheson  	 	  
	 Name of Authorized Signatory  	 	  
	 	 	 
	 	 	 
	
      President  	 	  
	 Position of Authorized Signatory  	 	  
	 	 	 
	 	 	 
	 	 	 
	 SIGNED, SEALED AND DELIVERED  	 	  
	 BY K. IAN MATHESON in the presence of: 
    	 	  
	 	 	 
	 	 	 
	/s/
      Bill Trempe	 	
      /s/ K. Ian Matheson  
	 Signature of Witness  	 	 K. IAN MATHESON  
	 	 	 
	Bill
      Trempe	 	 
	 Name of Witness  	 	 
	 	 	  
	651
      Thousand Oaks	 	 
	 Address of Witnesswww.EXFILE.com  888-775-4789   CDKNET  8K

    EXHIBIT
      10.1

    
      Consultant
        Stock Option Grant Agreement

       

      Under
        The

       

      CDKNET.COM,
        INC. 2004 Stock Option Plan

       

      This
        Grant
        Agreement (the “Agreement”) is entered into by and between CDKnet.com, Inc., a
        Delaware corporation (the “Company”), and the individual (the “Optionee”)
        specified on the Notice of Grant of Stock Options attached hereto and
        incorporated by reference herein (the “Notice of Grant of Stock Options”),
        effective as of June 21, 2005 (the “Grant Date”).

       

      1. Grant
        of
        Option. The Company hereby grants to the Optionee, pursuant to the
        CDKnet.com, Inc. 2004 Stock Option and Restricted Stock Plan (the “Plan”), an
        option (the “Option”) to purchase the number of Shares set forth in the Notice
        of Grant attached hereto as Exhibit 1, at the exercise price per Share set
        forth
        in the Notice of Grant (the “Exercise Price”), and subject to the terms and
        conditions of the Plan, which is incorporated herein by reference. Subject
        to
        Section 15(c) of the Plan (Effect of Amendment or Termination), in the event
        of
        a conflict between the terms and conditions of the Plan and this Option
        Agreement, the terms and conditions of the Plan shall prevail.

       

      (a) This
        Option is not intended to qualify
        as an Incentive Stock Option as defined in Section 422 of the Code and shall
        be
        treated as a Nonqualified Stock Option (“NQO”). The Notice of Grant of Stock
        Options sets forth the following terms of the Option: (i) the Optionee,
        (ii) the number of shares of Stock subject to the Option, (iii) the
        Strike Price per share, and (iv) the date as of which the Option shall
        expire (the “Expiration Date”), at 5:00 p.m. Eastern Time, unless fully
        exercised or earlier terminated. The information provided on the Notice of
        Grant
        of Stock Options is in all respects subject to the terms of this
        Agreement.

       

      2. Terminology.
        Unless stated
        otherwise in this Agreement, capitalized terms in this Agreement shall have
        the
        meaning set forth in the Plan. Except where the context otherwise requires,
        the
        term “Company” shall mean CDKnet.com, Inc., a Delaware corporation.

       

      3. Exercise
        of Option.

       

      (a) Right
        to Exercise. Except as
        otherwise provided in this Agreement, this Option may be exercised as to
        its
        vested portion at any time and from time to time, in whole or in part, on
        or
        before the Expiration Date or earlier termination of the Option by executing
        the
        exercise notice in the form of Exhibit 2. To the extent not exercised, vested
        shares shall accumulate and be exercisable, in whole or in part, at any time
        after becoming exercisable, but not later than the Expiration Date or other
        termination of the Option. In the event of the Optionee’s death, disability, or
        other termination of employment, the exercisability is governed by
        Section 4 below.

       

      (b) Vesting.
        Unless the Option has
        earlier terminated, Optionee shall vest in accordance with the vesting schedule
        set forth in the Notice of Grant.

       

      (c) Exercise
        Procedure. Subject to
        the conditions set forth in this Agreement, including without limitation
        the
        execution of a Stock Restriction Agreement as required by Section 3(e)
        hereof, this Option shall be exercised by delivery of written notice of exercise
        on any business day to the Corporate Secretary of the Company in such form
        as
        the Administrator may require from time to time. Such notice shall specify
        the
        number of shares in respect of 

       

      
        
           

        

        
           

          
            

          

        

        
           

        

      

       

      which
        the Option is being exercised and shall be accompanied by
        full payment of the Strike Price for such shares in accordance with
        Section 3(d) of this Agreement. The exercise shall be effective upon
        receipt by the Corporate Secretary of the Company of such written notice
        accompanied by the required payment. The Option may be exercised only in
        multiples of whole vested shares and may not be exercised at any one time
        as to
        fewer than one hundred (100) shares (or such lesser number of shares as to
        which
        the Option is then exercisable). No fractional shares shall be issued pursuant
        to this Option.

       

      (d) Method
        of Payment. Payment of
        the Strike Price shall be by any of the following, or a combination thereof,
        as
        determined by the Administrator in its discretion at the time of exercise:

       

      i. By
        delivery of cash, certified or
        cashier’s check, or money order;

       

      ii. By
        any other method approved by the
        Administrator.

       

      Subject
        to such
        limitations as the Administrator may determine, at any time during which
        the
        Stock is publicly traded on a national securities exchange or NASDAQ, the
        Strike
        Price shall be deemed to be paid, in whole or in part, if the Optionee delivers
        a properly executed exercise notice, together with irrevocable instructions:
        (A)
        to a brokerage firm approved by the Company to deliver promptly to the Company
        the aggregate amount of sale or loan proceeds to pay the Strike Price and
        any
        withholding tax obligations that may arise in connection with the exercise,
        and
        (B) to the Company to deliver the certificates for such purchased
        shares
        directly to such brokerage firm. 

       

      (e) Issuance
        of Shares upon
        Exercise. Upon due exercise of the Option, in whole or in part, in
        accordance with the terms of this Agreement, the Company shall issue to the
        Optionee, or such other person exercising the Option, as the case may be,
        the
        number of shares of Stock so paid for, in the form of fully paid and
        nonassessable stock and shall deliver certificates therefor as soon as
        practicable thereafter. The stock certificates for any shares of Stock issued
        hereunder shall, unless such shares are registered or an exemption from
        registration is available under applicable federal and state law, bear a
        legend
        restricting transferability of such shares, and if such shares are subject
        to a
        Stock Restriction Agreement pursuant to Section 3(e) hereof, shall
        bear a
        legend referencing the Stock Restriction Agreement.

       

      4. Termination
        of Employment.

       

      (a) Exercise
        Period Following
        Termination of Employment. Unless the Option has earlier terminated, if the
        Optionee no longer serves as a consultant to the Company is terminated, other
        than as a result of the causes set forth in clauses (b), (c) or (d) below:
        (i) this Option shall terminate immediately upon such termination
        to the
        extent of any unvested shares, and all unvested shares shall be forfeited,
        and
        (ii) this Option shall be exercisable until the Expiration Date with
        respect to any vested shares, but in no event after the Expiration Date.
        Unless
        sooner terminated, this Option shall terminate in its entirety upon the
        expiration of the applicable exercise period noted above in this Section
        4(a).

       

      (b) Permanent
        Disability of
        Optionee. Notwithstanding the provisions of Section 4(a) above,
        if
        the Optionee’s employment with the Company terminates as a result of his
        Permanent Disability (as defined herein), (i) this Option shall terminate
        immediately upon such termination of employment to the extent of any unvested
        shares, and all unvested shares shall be forfeited, 

       

      
        
           

        

        
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      and
        (ii) this Option shall be exercisable during the
        six-month period following such termination of employment with respect to
        any
        vested shares, but in no event after the Expiration Date. Unless sooner
        terminated, this Option shall terminate in its entirety upon the expiration
        of
        such six-month period. “Permanent Disability” shall have the meaning set forth
        in Optionee’s existing Employment Agreement with the Company. If no such
        Employment Agreement is in effect, then such term shall have the same meaning
        as
        set forth in the last existing employment agreement between Optionee and
        the
        Company or otherwise in accordance with the definition set forth in the
        Plan.

       

      (c) Death
        of Optionee. If the
        Optionee dies before the Expiration Date or other termination of the Option,
        (i) this Option shall terminate immediately upon the Optionee’s death to
        the extent of any unvested shares, and all unvested shares shall be forfeited,
        and (ii) this Option shall be exercisable during the six-month period
        following the date of death of the Optionee with respect to any vested shares,
        but in no event after the Expiration Date, by the Optionee’s executor, personal
        representative, or the person(s) to whom this Option is transferred by will
        or
        the laws of descent and distribution. Unless sooner terminated, this Option
        shall terminate in its entirety upon the expiration of such six-month
        period.

       

      (d) Discharge
        for Cause.
        Notwithstanding anything to the contrary herein, this Option shall terminate
        in
        its entirety, regardless of whether the Option is vested in whole or in part,
        immediately upon the Optionee’s discharge of employment for Cause. For purposes
        of this Section, the term “Cause” shall have the meaning set forth in existing
        Employment Agreement with the Company. If no such Employment Agreement is
        in
        effect, then such term shall have the same meaning as set forth in the last
        existing employment agreement between Optionee and the Company or as set
        forth
        in the Plan.

       

      5. Adjustments
        and Business
        Combinations.

       

      (a) Adjustments
        for Events Affecting
        Stock. In the event of changes in the Stock of the Company by reason of any
        stock dividend, spin-off, split-up, recapitalization, merger, consolidation,
        business combination or exchange of shares and the like, the Administrator
        shall, in its discretion, make appropriate adjustments to the number, kind,
        and
        price of shares covered by this Option, and shall, in its discretion and
        without
        the consent of the Optionee, make any other adjustments in this Option,
        including but not limited to reducing the number of shares subject to the
        Option
        or providing or mandating alternative settlement methods such as settlement
        of
        the Option in cash or in shares of Stock or other securities of the Company
        or
        of any other entity, or in any other matters which relate to the Option as
        the
        Administrator shall, in its sole discretion, determine to be necessary or
        appropriate.

       

      (b) Pooling
        of Interests
        Transaction. Notwithstanding anything in the Plan or this Agreement to the
        contrary and without the consent of the Optionee, the Administrator, in its
        sole
        discretion, may make any modifications to the Option, including but not limited
        to cancellation, forfeiture, surrender, or other termination of the Option
        in
        whole or in part regardless of the vested status of the Option, in order
        to
        facilitate any business combination that is authorized by the Board to comply
        with requirements for treatment as a pooling of interests transaction for
        accounting purposes under generally accepted accounting principles.

       

      (c) Adjustments
        for Unusual Events.
        The Administrator is authorized to make, in its discretion and without the
        consent of the Optionee, adjustments in the terms and conditions of, and
        the
        criteria included in, the Option in recognition of unusual or nonrecurring
        events affecting 

       

      
        
           

        

        
          3

          
            

          

        

        
           

        

      

       

      the
        Company, or the financial statements of the Company or any
        Affiliate, or of changes in applicable laws, regulations, or accounting
        principles, whenever the Administrator determines that such adjustments are
        appropriate to prevent dilution or enlargement of the benefits or potential
        benefits intended to be made available under the Option or the Plan.

       

      (d) Binding
        Nature of Adjustments.
        Adjustments under this Section 5 will be made by the Administrator,
        whose
        determination as to what adjustments, if any, will be made and the extent
        thereof will be final, binding, and conclusive. No fractional shares will
        be
        issued pursuant to this Option on account of any such adjustments.

       

      6. Confidential
        Information. In
        consideration of the Option granted to the Optionee pursuant to this Agreement,
        the Optionee agrees and covenants that, except as specifically authorized
        by the
        Company, the Optionee will keep confidential any trade secrets or confidential
        or proprietary information of the Company which are now or which hereafter
        may
        become known to the Optionee as a result of the Optionee’s employment by the
        Company, and shall not at any time, directly or indirectly, disclose any
        such
        information to any person, firm, Company, or other entity, or use the same
        in
        any way other than in connection with the business of the Company, at all
        times
        during and after the Optionee’s employment. The provisions of this
        Section 6 shall not narrow or otherwise limit the obligations and
        responsibilities of the Optionee set forth in any agreement of similar import
        entered into between the Optionee and the Company.

       

      7. Non-Guarantee
        of Employment.
        Nothing in the Plan or this Agreement shall alter the at-will or other
        employment, consultant, or director status of the Optionee, nor be construed
        as
        a contract of employment between the Company and the Optionee, or as a
        contractual right of Optionee to continue in the employ of, the Company,
        or as a
        limitation of the right of the Company to discharge the Optionee at any time
        with or without cause or notice.

       

      8. No
        Rights as a Stockholder. The Optionee shall not have any of the rights of a
        stockholder with respect to the shares of Stock that may be issued upon the
        exercise of the Option until such shares of Stock have been issued to him
        or her
        upon the due exercise of the Option. No adjustment shall be made for dividends
        or distributions or other rights for which the record date is before the
        date
        such certificate or certificates are issued.

       

      9. Nonstatutory
        Nature of the
        Option. The Optionee acknowledges that, upon exercise of this Option, the
        Optionee will recognize taxable income in an amount equal to the excess of
        the
        then Fair Market Value of the shares over the Strike Price and must comply
        with
        the provisions of Section 10 of this Agreement with respect to any
        tax
        withholding obligations that arise as a result of such exercise.

       

      10. Withholding
        of Taxes. At the
        time the NSO Option is exercised, in whole or in part, or at any time thereafter
        as requested by the Company, the Optionee hereby authorizes withholding from
        payroll or any other payment of any kind due the Optionee and otherwise agrees
        to make adequate provision for foreign, federal, state, and local taxes required
        by law to be withheld, if any, which arise in connection with the Option.
        The
        Company may require the Optionee to make a cash payment to cover any withholding
        tax obligation as a condition of exercise of the Option. If the Optionee
        does
        not make such payment when requested, the Company may refuse to issue any
        Stock
        certificate under the Plan until arrangements satisfactory to the Administrator
        for such payment have been made. The Administrator may, in its sole discretion,
        permit the Optionee to satisfy, in whole or in part, any withholding tax
        obligation which may arise in connection with the Option either by electing
        to
        have the Company withhold from the shares to be issued upon 

       

      
        
           

        

        
          4

          
            

          

        

        
           

        

      

       

      exercise
        that number of shares, or by electing to deliver to the
        Company already-owned shares, in either case having a Fair Market Value equal
        to
        the amount necessary to satisfy the statutory minimum withholding amount
        due.

       

      11. The
        Company’s Rights. The existence of this Option shall not affect in any way
        the right or power of the Company or its stockholders to make or authorize
        any
        or all adjustments, recapitalizations, reorganizations, or other changes
        in the
        Company’s capital structure or its business, or any merger or consolidation of
        the Company, or any issue of bonds, debentures, preferred, or other stocks
        with
        preference ahead of or convertible into, or otherwise affecting the Stock
        or the
        rights thereof, or the dissolution or liquidation of the Company, or any
        sale or
        transfer of all or any part of the Company’s assets or business, or any other
        corporate act or proceeding, whether of a similar character or otherwise.

       

      12. Optionee.
        Whenever the word
“Optionee” is used in any provision of this Agreement under circumstances where
        the provision should logically be construed, as determined by the Administrator,
        to apply to the estate, personal representative, or beneficiary to whom this
        Option may be transferred by will or by the laws of descent and distribution,
        the word “Optionee” shall be deemed to include such person.

       

      13. Nontransferability
        of Option.
        This Option is nontransferable otherwise than by will or the laws of descent
        and
        distribution and during the lifetime of the Optionee, the Option may be
        exercised only by the Optionee or, during the period the Optionee is under
        a
        legal disability, by the Optionee’s guardian or legal representative. Except as
        provided above, the Option may not be assigned, transferred, pledged,
        hypothecated, or disposed of in any way (whether by operation of law or
        otherwise) and shall not be subject to execution, attachment, or similar
        process.

       

      14. Notices.
        All notices and other
        communications made or given pursuant to this Agreement shall be in writing
        and
        shall be sufficiently made or given if hand-delivered or mailed by certified
        mail, addressed to the Optionee at the address contained in the records of
        the
        Company, or addressed to the Administrator, care of the Company for the
        attention of its Corporate Secretary at its principal office or, if the
        receiving party consents in advance, transmitted and received via telecopy
        or
        via such other electronic transmission mechanism as may be available to the
        parties.

       

      15. Entire
        Agreement. This Agreement contains the entire agreement between the parties
        with respect to the stock option granted hereunder. Any oral or written
        agreements, representations, warranties, written inducements, or other
        communications made before the execution of this Agreement with respect to
        the
        stock option granted hereunder shall be void and ineffective for all
        purposes.

       

      16. Amendment.
        This Agreement may
        not be modified, except as provided in the Plan or in a written document
        signed
        by each of the parties hereto.

       

      17. Conformity
        with Plan. This
        Agreement is intended to conform in all respects with, and is subject to
        all
        applicable provisions of, the Plan, which is incorporated herein by reference.
        Inconsistencies between this Agreement and the Plan shall be resolved in
        accordance with the terms of the Plan. In the event of any ambiguity in this
        Agreement or any matters as to which this Agreement is silent, the Plan shall
        govern. A copy of the Plan is available upon request to the Administrator.

       

      
        
           

        

        
          5

          
            

          

        

        
           

        

      

       

      18. Governing
        Law. This Agreement
        shall be governed by and construed in accordance with the laws of the State
        of
        New Jersey, other than the conflict of laws principles thereof. All actions
        to
        enforce or interpret this Agreement shall be brought in an exclusive forum
        in
        New Jersey determined by the Administrator.

       

      19. Headings.
        The headings in this
        Agreement are for reference purposes only and shall not affect the meaning
        or
        interpretation of this Agreement.

       

      IN
        WITNESS WHEREOF,
        the Company has caused this Agreement to be executed by its duly authorized
        officer as of the date first above written.

       

      
        	 	 	 
	 	
                CDKNET.COM,
                  INC.

              
	 
 	 
 	 
 
	 	By:  	/s/   Oleg Logvinov
	 	
                
Oleg
                Logvinov, CEO
	 	 

      The
        undersigned hereby acknowledges that he/she has carefully read
        this Agreement and the Plan and agrees to be bound by all of the provisions
        set
        forth in such documents.

       

      
        	 	 	OPTIONEE: 
	 	 
	 
 	 
 	 
 
	 	 	/s/  Kirk Warshaw 
	 	
                

                Kirk
                  Warshaw

              
	 	
                Date:
                  As of June 21,
                  2005 

              

      
        
          
          

        

        
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      EXHIBIT
        1

      NOTICE
        OF GRANT OF STOCK OPTIONS

       

       

      

       

      
        
          	Optionee: 	Kirk
                  Warshaw 
	 	 
	Grant
                  Date: 	June
                  21, 2005 
	 	 
	Number
                  of Shares Subject 	 
	To
                  The Option: 	100,000
                  (NSOs) 
	 	 
	Strike
                  Price Per Share: 	$0.45 
	 	 
	Vesting: 	Immediate 
	 	 
	Expiration
                  Date: 	June
                  30, 2012 

        

      

       

       

       

       

       

      

       

      

       

       

       

       

      

      
        
           

        

        
          7

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