Document:

[GRAPHIC OMITTED][GRAPHIC OMITTED]

                          2110 VICKERS DRIVE SUITE 100

                           COLORADO SPRINGS, CO. 80918

                              EMPLOYMENT AGREEMENT

Employment  Agreement made  effective as of the date of signing,  by and between
CasinoBuilders.com  a Nevada  Corporation,  with  principal  offices in Colorado
Springs,  Colorado  ("Company"),  and Steven  Randall,  residing in, Boca Raton,
Florida  ("Employee").  In  consideration  of the promises and mutual  covenants
herein set forth, the Company and the Employee agree as follows:

ARTICLE 1: EMPLOYMENT TERMS

SECTION 1.1.  EMPLOYMENT AND TERM. The Company hereby employs the Employee,  and
the Employee accepts such employment,  upon the terms and conditions hereinafter
set forth, for the period  ("Employment  Term") commencing on and as of the date
of this contract  signing  hereunder and  terminating as provided in Section 1.7
hereof.

SECTION 1.2.  EMPLOYMENT  SERVICES.  The Employee  shall devote his full working
time and effort to promote  the  business  and  affairs of the  Company  and its
Affiliates  as  necessary  in order to enable  them to  achieve  their  business
objectives.  The Employee's  principal assignment shall be to serve as President
and Chief  Executive  Officer.  In this capacity as an executive of the company,
the Employee  shall be  responsible  for and shall also perform other duties and
assignments,  which  are  consistent  with his  responsibilities,  which  may be
reasonably  assigned to him from time to time by the Board of  Directors  of the
Company.  Nothing in this  Section 1.2 shall be deemed to prevent  the  Employee
from:

A.   Investing his assets in a manner not prohibited by Section 2.5 hereof,  and
     in such form or manner as shall not  require any  material  services on his
     part in the  operations  or affairs of the  companies or other  entities in
     which such investments are made;

B.   Serving  on the board of  directors  of any other  company,  subject to the
     prohibitions  set  forth in  Section  2.5  hereof,  provided  the  Board of
     Directors of the Company shall have approved such service in writing, or;

                                       1
<PAGE>

C.   Engaging  in  religious,   charitable  or  other  community  or  non-profit
     activities,  which do not  impair his  ability  to  fulfill  his duties and
     responsibilities under this Agreement.

SECTION 1.3.  EMPLOYMENT COMPENSATION.

A.       BASE  SALARY  - For  services  rendered  by  the  Employee  under  this
         Agreement,  the Company shall pay the Employee an initial annual salary
         of $150,000.00 per annum,  payable in equal  semi-monthly  installments
         (the "Base Salary").  The Base Salary shall be subject to annual review
         by the Board of  Directors  of the  Company on or about each  January 1
         thereafter for so long as this Agreement is in effect.

B.       INCENTIVE  BONUS  COMPENSATION - For services  rendered by the Employee
         under this Agreement, the Company, by action of the Board of Directors,
         shall establish an annual  executive  incentive bonus plan in which the
         Employee   shall   participate   in   recognition   of  the  Employee's
         contribution to the overall performance of the Company ("Bonus").  Such
         Bonus shall be granted within ninety (90) days following the conclusion
         of each calendar year commencing December 31, 1999, after assessment of
         the  Employee's  and  Company's  performance  pursuant to the criteria,
         terms and conditions of the bonus plan to be established. The amount of
         any Bonus,  which the  Company may grant to the  Employee  from time to
         time  shall be in  addition  to his Base  Salary  and  shall,  under no
         circumstances, be included in the Employee's Base Salary.

C.       STOCK OPTIONS - The Employee  shall be entitled to  participate  in The
         Company's  Stock Option Plan ("Option  Plan").  Grants under the Option
         Plan shall be in amounts  determined by the Option Plan  administrators
         or Board of  Directors  of the  Company.  The initial  amount of stock,
         which has been granted to the Employee  under the Company  Stock Option
         Plan,  vesting  in  equal  amounts  at the  conclusion  of  each of the
         subsequent (3) three years, beginning June 1, 1999, is 2,000,000 shares
         for founding the company.

SECTION 1.4.  BENEFITS.  The Employee will  participate in any employee  benefit
programs provided by the Company and its Subsidiaries, if any.

SECTION  1.5.  WITHHOLDING.  The amount of payments to be made by the Company to
the Employee  are set forth herein prior to the  deduction of any taxes or other
amounts,  and all such  payments  shall be made by the  Company to the  Employee
under this Agreement net of any tax or other amounts  required to be withheld by
the Company under applicable law.

SECTION 1.6.  VACATION.  The Employee  shall be entitled to vacation and holiday
plans  under the same terms and  considerations,  as they are  available  to all
Company employees, in accordance with Company policy.

                                       2
<PAGE>

SECTION  1.7.  EMPLOYMENT  TERM;  TERMINATION  The  Employment  Term  shall  run
indefinitely,  unless  terminated  pursuant to the following  provisions of this
Section 1.7.

A.       "THE EMPLOYMENT TERM" shall terminate:
1. At the  death or 60 days  after  the  Permanent  Disability  (as  hereinafter
defined) of the Employee 2.  Immediately  at the  election of the  Company,  for
Cause (as hereinafter defined),  or; 3. At the election of either the Company or
the Employee upon fifteen (15) days' prior written notice to the other.

B.       "PERMANENT  DISABILITY",  for purposes of this Section 1.7,  shall mean
         any physical or mental incapacitation which would materially hinder the
         Employee from performing the  responsibilities  of his assigned duties,
         as determined by a medical professional of the company's choosing.

C.       "CAUSE",  for  purposes of  this Section 1.7, shall  mean  any  of  the
         following, as determined by the management of The Company:
   1.     Refusal of the  Employee  to perform  his  duties  hereunder  or other
          material breach by the Employee of the terms of this Agreement;

   2.     Any  substantial  dishonesty  by the Employee in  connection  with the
          performance of his duties hereunder; or

   3.     Any  conviction of, or plea of guilty by, the Employee with respect to
          any  crime,  which  conviction  or plea is  likely  in the  reasonable
          judgment  of the  management  of the Company to  adversely  affect the
          Employee's professional  reputation,  the reputation of the Company or
          of any other  member of the Group or the  ability of the  Employee  to
          perform his duties satisfactorily hereunder.
   4.     The Company's right of termination  pursuant to this Section 1.7 shall
          be in addition to, and shall not affect, its rights and remedies under
          any other  provisions of this Agreement or under  applicable  law, and
          all  such  rights  and  remedies  shall  survive  termination  of this
          Agreement and the employment of the Employee hereunder. Nothing herein
          shall be deemed to  constitute  a waiver by the Employee of any rights
          he may have under applicable laws.
   5.     In the event of  termination  of  employment  pursuant to the terms of
          this  Section  1.7,  the  Employee  shall have no right to receive any
          compensation  or fees for any  period  subsequent  to the date of such
          termination; except that:
   6.     In the event such termination is due to death or Permanent  Disability
          pursuant to Section 1.7 (B), the Company shall pay the Employee or his
          estate,  as the case may be, a pro tanto portion of the Bonus, if any,
          for the year in which such termination occurs, a special 90 ninety day
          bonus severance, and vesting of the current year's stock options;

   7.     In the event that such  termination is made by the Company pursuant to
          Section 1.7 (B) hereof,  the Company  agrees that during the Severance

                                       3
<PAGE>

          Period (as such term is  defined  below) it will  continue  to pay the
          Employee his then current Base Salary.

D.   "SEVERANCE PERIOD", for purposes of this Section 1.7, shall mean the period
     commencing  on the  date of  such  termination  and  ending:  fifteen  (15)
     calendar days thereafter.

E.   "THE  OBLIGATIONS" of the Employee pursuant to Sections 2.3 and 2.4 of this
     Agreement  shall survive the  termination  for any reason of the Employment
     Term. The obligations of the Employee  pursuant to Section 2.5 hereof shall
     survive the termination of this Agreement as provided for in Section 2.5.

1.7.1 COMPANY CHANGE OF CONTROL.  Notwithstanding  any  provisions  contained in
this Plan or in a Stock  Option  Agreement  deferring  the right of  employee to
exercise  an option,  the option  (referred  to in 1.3.C  above)  shall,  at the
discretion of the Board,  become fully vested and employee  shall be entitled to
exercise such option,  in whole or in part,  during the 30-day period  following
the first  purchase  of  Shares of the  Company  pursuant  to a tender  offer or
exchange offer (other than an offer by the Company) for all, or any part of, the
Company's  Shares or; A. Commencing on the date of approval by the  shareholders
of the  Company of an  agreement  for:

    1. A merger or  consolidation  or similar transaction in which  the  Company
       will not survive as an independent corporation,or
    2. A sale,  exchange or other disposition of all or more than 75% all of the
       Company's assets.

ARTICLE 2: GENERAL PROVISIONS

SECTION 2.1. EXPENSE ACCOUNT AND ALLOWANCE.  The Company agrees to reimburse the
Employee for all reasonable travel, entertainment and other documented, itemized
business  expenses  incurred by him in connection  with the  performance  of his
duties under this Agreement;  provided,  however,  that the amount available for
such travel, entertainment, and other business expenses shall be consistent with
expense  reimbursement  policies adopted by the Company as in effect at the time
of the  incidence of such expenses by the Employee or as may be fixed in advance
by the Company's Board of Directors.

SECTION 2.2. LOCATION.  The Employee shall perform services under this Agreement
at the  Employee's  private  office  and at such  other  location  or  locations
reasonably  specified  by the  Company.  The  Employee  shall also make  himself
available to make  reasonable  business  trips at the  Company's  expense,  both
within and outside the United States of America, for purposes of consulting with
customers,  agents,  representatives  and  suppliers  of  the  Company  and  its
Affiliates, as well as with other members of the Company's management.

SECTION 2.3. CONFIDENTIAL  INFORMATION Sensitive Company data and information is
the property of the Company, and must be protected:

                                       4

     A.   The  Employee  hereby  agrees to hold and  maintain  confidential  and
          private  all  papers,  plans,   drawings,   specifications,   methods,
          processes,  techniques,  shop  practices,  formulae,  customer  lists,
          personnel and financial data, plans, trade secrets and all proprietary
          information belonging to the Company or any Affiliate thereof of which
          the Employee may have knowledge or acquire knowledge whether prior to,
          during  or  after  the  termination  of the  Employment  Term,  and to
          maintain as confidential  and secret any new processes,  formulations,
          designs, devices, research data, machines or compositions of matter of
          the Company or of any of its  Affiliates  or of any  persons  granting
          rights  to  the  Company  or any of  its  Affiliates  revealed  to the
          Employee or discovered,  originated, made or conceived by the Employee
          in  connection  with  the  furnishing  of  employment  and  consulting
          services to the Company or any of its Affiliates.

    B.    The  Employee  hereby  agrees  that he shall not at any  time,  either
          during or subsequent to the  Employment  Term,  disclose or divulge to
          any  person,  other than to the  Company's  or any of its  Affiliates'
          officers  and other  employees  as required by the  Employee's  duties
          under  this  Agreement  and to  third  parties  when  required  in the
          ordinary  course of business of the  Company,  any of the  information
          specified in Section 2.4(a) above or any trade or business  secrets or
          any other confidential  information belonging to the Company or any of
          its  Affiliates  of which the Employee may have or acquire  knowledge.
          Notwithstanding   anything  to  the  contrary  set  forth  above,  the
          confidentiality and nondisclosure provisions contained in this Section
          2.4  shall  not  apply to any  information  or data,  if and when such
          information  or data becomes a matter of public  knowledge  through no
          act or omission of the  Employee or to any  information  or data which
          was already known by the Employee or the other party in question other
          than as a result of a breach of this Agreement.

    C.    Immediately  upon the Company's  request or promptly upon  termination
          for any reason or expiration  of this  Agreement,  the Employee  shall
          deliver  to  the  Company  all  memoranda,  notes,  records,  reports,
          photographs,  drawings,  plans,  papers  or  other  documents  made or
          compiled by the  Employee in the course of his services to the Company
          or any of its Affiliates or made available to the Employee  during the
          course of his services to the Company or any of its  Affiliates  which
          are in the possession of or under the control of the Employee, and any
          copies  or  abstracts   thereof,   whether  or  not  of  a  secret  or
          confidential  nature,  and all of such  memoranda  or other  documents
          shall,  during and after the  termination of the  Employment  Term, be
          deemed to be and shall be the property of the Company.

SECTION 2.4.  INTELLECTUAL PROPERTY.  Intellectual property  is  the property of
the Company, and must be protected:

                                       5
<PAGE>

A.       Any and all  inventions, improvements, ideas and  innovations,  whether
         or not  patentable, which the Employee may invent, discover, originate,
         make  or  conceive  during his  services  to the  Company or any of its
         Affiliates,  whether  prior to or during the  Employment  Term,  either
         solely or jointly with others, and which in any way relate to or are or
         may be used in connection  with the  business  of the Company or any of
         its  Affiliates  shall  be, to the extent  of the  Employee's  interest
         therein,  the  sole  and  exclusive  property  of  the  Company or such
         Affiliate  and the  Employee's  interest  therein shall be assigned  by
         the  Employee to the  Company or such Affiliate, as the case may be, or
         to the Company's or such Affiliate's nominee(s). The Employee, upon the
         request and at the expense of the Company, shall and shall use his best
         efforts to cause  any  such  other  person(s)  to  promptly  and  fully
         disclose each and all such discoveries, inventions, improvements, ideas
         or  innovations  to  the Company,   the  applicable  Affiliate  or  any
         nominee(s) thereof.  Further, the Employee, upon the request and at the
         expense of the  Company, shall and shall use his best  efforts to cause
         any such other  person(s)  to,  assign to the Company or the applicable
         Affiliate, without further compensation therefore, all right, title and
         interest  in  and  to  each  and  all  such  discoveries,   inventions,
         improvements, ideas  or  innovations  which  are  reduced  to writings,
         drawings or practice  within two (2) years after the termination of the
         Employment Term.

B.       The Employee  further  agrees to execute at any time,  upon the request
         and at the expense of the Company,  for the benefit of the Company, any
         of its Affiliates or any nominee(s)  thereof,  any and all  appropriate
         applications,  instruments,  assignments and other documents, which the
         Company shall deem necessary or desirable to protect its (or any of its
         Affiliate's)  entire  right,  title and  interest  in and to any of the
         discoveries,  inventions, improvements, ideas and innovations described
         in Section 2.5(a) hereof:

C.       The  Employee  agrees,  upon the  request  and  at  the  expense of the
         Company or any person to whom the Company or any of its  Affiliates may
         have granted  or  grants  rights,  to  execute  any and all appropriate
         applications,  assignments,  instruments and papers,  which the Company
         shall deem  necessary  for  the  procurement  in  the  United States of
         America   and   foreign   countries   of   patent  protection  for  the
         discoveries,  inventions,  improvements, ideas or  innovations to be so
         assigned,  including the execution of new, provisional,  continuing and
         reissue  applications,  to  make  all rightful oaths, to testify in any
         proceeding  before  any governmental  authority  authorized to grant or
         administer  patent protection or before any court, and generally to  do
         everything  lawfully  possible to aid the Company,  its  Affiliates and
         its and their  successors,  assigns and nominees to  obtain,  enjoy and
         enforce  proper patent   protection  for the  discoveries,  inventions,
         improvements,  ideas or innovations    conceived  or made by him during
         the course of his services to the Company or any of its Affiliates  for
         a period of two (2) years after the termination of the Employment Term.

SECTION 2.5. NON-COMPETITION.  The Company and the Employee acknowledge that the
Company  and its  Affiliates  conduct  business  throughout  the  world  and the
engagement  by the  Employee in the  Internet  Gaming  Industry  anywhere in the
United States of America or Canada could cause the Company irreparable harm. For
the period  commencing  on the date  hereof  and ending two (2) years  after the
termination of the Employment Term (the "Restricted Period"), the Employee shall
not:

A.       Except as an officer and  director  of the Company and its  Affiliates,
         utilize  intellectual  property  or  trade  secrets,  gained  from  the
         Company,  which is an asset of the  Company,  to  engage  at any  place
         within  the  United  States  of  America  or  Canada  in  any  business
         substantially  similar  to the  business  then being  conducted  by the
         Company or its Affiliates (the "Designated Industry"), whether directly
         or indirectly, for his own account or as an employee, partner, officer,
         director,  consultant  or holder of more than five  percent (5%) of the
         equity interest in any other person, firm, partnership or corporation

B.       Divert to any competitor of the Company  or its Affiliates any customer
         of the Company or its Affiliates, or

C.       Solicit or encourage  any officer,  key employee or  consultant  of the
         Company or its Affiliates to leave its or their employ for  alternative
         employment in the Designated Industry,  or hire or offer for employment
         to any person to whom the Company or any of its  Affiliates has offered
         employment  within the three (3) years preceding the termination of the
         Employment Term. The Employee will continue to be bound by the terms of
         this  Section 2.5 until their  expiration  and shall not be entitled to
         any compensation with respect thereto.

SECTION 2.6. SEVERABILITY. If any provision of this Agreement shall, in whole or
in part,  prove to be invalid for any reason,  such invalidity shall affect only
the portion of such provision which shall be invalid,  and in all other respects
this  Agreement  shall  stand as if such  invalid  provision,  or other  invalid
portion thereof, had not been a part hereof.  Without limiting the generality of
the preceding sentence,  if any provision of Section 2.6 hereof shall be held to
be  invalid  or   unenforceable   under  any  applicable  law,  as  unreasonably
restrictive in duration or geographical  area or otherwise,  it is the intention
of the parties  hereto  that such  provision  shall be deemed to be  immediately
amended to provide for such maximum  restriction  as shall be  determined  to be
reasonable and enforceable by the court or other body having  jurisdiction;  and
the Company and the Employee expressly agree that such provision, as so amended,
shall be valid and binding.

SECTION 2.7.  EQUITABLE  REMEDIES.  Each of the parties hereto  acknowledges and
agrees that upon any breach by the  Employee of his  obligations  under  Section
2.3,  2.4 or 2.5 hereof,  the Company  will have no adequate  remedy at law, and
accordingly  will be  entitled  to specific  performance  and other  appropriate
injunctive and equitable relief.

SECTION 2.8.  ASSIGNMENT.  The rights and  obligations of the Company under this
Agreement shall inure to the benefit of and shall be binding upon the successors
and assigns of the Company,  provided that neither this Agreement nor the rights
and  obligations  of the  Company  under this  Agreement  may be assigned by the
Company  other than to an Affiliate of the Company.  The Employee may not assign
to any other person his rights and/or obligations under this Agreement.

SECTION 2.9.  AMENDMENT.  This  Agreement  and any term, covenant, condition  or
other  provision  hereof may be changed,  waived,discharged or terminated solely
by an instrument in writing signed by the parties hereto.

SECTION  2.10.  WAIVER OF BREACH.  The waiver by the  Company of a breach of any
provision of this Agreement by the Employee shall not operate or be construed as
a waiver of any other breach by the Employee.

SECTION  2.11.  NOTICES.  All  notices,  requests,  demands,  consents and other
communications  in  connection  with this  Agreement  shall be in  writing or by
written  telecommunication  and  shall be  delivered  personally  or  mailed  as
follows:  by  registered  or  certified  mail or by overnight  courier,  postage
prepaid, or sent by written telecommunication as follows:

         If to the Company:
                  CompanyBuilders.com
                  Colorado Springs, CO.  80918

         If to the Employee:

                  Steve Randall
                  Boca Raton, Florida

or, at such other address as the parties  hereto may from time to time designate
in writing.

SECTION 2.12.  GOVERNING LAW.  This Agreement shall be governed by and construed
in accordance with the laws of Nevada.

SECTION 2.13.  ARBITRATION OF DISPUTES.  Any controversy or claim arising out of
or  relating  to this  Agreement  or the  breach  thereof  shall be  settled  by
arbitration  in accordance  with the laws of Nevada by two  arbitrators,  one of
whom shall be appointed  by the  Company,  one of whom shall be appointed by the
Employee and if agreement  cannot be reached,  by a third arbitrator which shall
be appointed by agreement of the first two arbitrators.  Such arbitration  shall
be  conducted  in  Nevada  in  accordance  with  the  rules  of  the  prevailing
Arbitration  Association,  except with respect to the  selection of  arbitrators
which  shall be as  provided  in this  Section  2.13.  Judgment  upon the  award
rendered  by the  arbitrators  may be entered in any court  having  jurisdiction
thereof. All fees and expenses of the arbitration process shall be borne equally
by the parties hereto regardless of the final outcome,  unless and to the extent
the arbitrators  shall determine that under the circumstances the sharing of all
or a part of any such fees and expenses would be unjust.

SECTION 2.14.  ENTIRE  AGREEMENT.  This Agreement  embodies the entire agreement
between the Company and the Employee relating to the subject matter hereof, and,
except as otherwise  expressly  provided  herein,  this  Agreement  shall not be
affected by reference to any other document.

SECTION 2.15. HEADINGS, ETC. The headings of the sections of this Agreement have
been inserted for  convenience of reference only and shall not be deemed to be a
part of this Agreement.

SECTION 2.16.  COUNTERPARTS. This Agreement may be executed in several identical
counterparts,  each of which when executed by the parties  hereto  and delivered
shall be an  original, but  all  of  which  together  shall  constitute a single
instrument. In making proof  of  this  Agreement, it  shall  not be necessary to
produce or account for more than one such counterpart.

SECTION 2.17.  ADDITIONAL DEFINED TERMS:
A.       "AFFILIATE" means any person, corporation or other business entity that
         directly  or  indirectly  controls,  or is  controlled  by, or is under
         common control with another person, corporation or business entity.

B.       "SUBSIDIARY"  means any corporation  fifty percent (50%) or more of the
         capital stock of which having ordinary voting power for the election of
         directors is owned  directly or  indirectly by another  corporation  or
         business entity.

********************************************************************************

IN WITNESS WHEREOF,  the parties have executed this Agreement as of this written
date: May 22, 1999.

ACCEPTED AND AGREED TO:

    Employee Signature            [GRAPHIC OMITTED][GRAPHIC OMITTED]

    EMPLOYEE NAME            Steven Randall     SOCIAL SECURITY # xxx-xx-xxxx
                             ---------------------------------------------------

    Company Officer Signature _________________________________________

     Company Officer Name       Steven Randall   SecretaryCASINOBUILDERS.COM, INC.

                   1999 STOCK OPTION AND RESTRICTED STOCK PLAN

                          EFFECTIVE SEPTEMBER 15, 1999

    ------------------------------------------------------------------------

                                    SECTION 1

                            ESTABLISHMENT AND PURPOSE

        This Plan is established  to (i) offer  selected,  directors,  officers,
        Employees and  Consultants of the Company or its  Subsidiaries an equity
        ownership interest in the financial success of the Company, (ii) provide
        the  Company an  opportunity  to attract  and retain the best  available
        personnel  for  positions  of  substantial  responsibility  and (iii) to
        encourage equity participation in the Company by eligible  Participants.
        This  Plan  provides  for the grant by the  Company  of (i)  Options  to
        purchase Shares,  and (ii) shares of Restricted  Stock.  Options granted
        under  this  Plan  may  include  Nonstatutory  Options  as  well as ISOs
        intended to qualify under section 422 of the Code.

                                    SECTION 2
                                   DEFINITIONS

        "BOARD OF  DIRECTORS"  shall mean the board of directors of the Company,
        as duly elected from time to time.

        "CHANGE IN CONTROL" shall mean such time as either (i) any "person",  as
        such term is used in section  14(d) of the  Exchange Act (other than the
        Company, a wholly-owned  subsidiary of the Company, any employee benefit
        plan of the Company or its  Subsidiaries  is or becomes the  "beneficial
        owner"  (as  defined  in  Rule  13d-3  under  the  Exchange  Act (or any
        successor rule), directly or indirectly,  of fifty percent (50%) or more
        of the  combined  voting  power of the  Company's  common  stock or (ii)
        individuals  who  constitute the Board of the Directors on the effective
        date of this  Plan  (the  "Incumbent  Board")  cease  for any  reason to
        constitute  at  least a  majority  thereof,  provided  that  any  person
        becoming a director  subsequent  to the date  hereof  whose  election or
        nomination for election by the Company's  shareholders was approved by a
        vote  of at  least  three  quarters  of  the  directors  comprising  the
        Incumbent  Board  (either by a specific vote or by approval of the proxy
        statement  of the Company in which such person is named as a nominee for
        the  director  without  objection  to such  nomination)  shall  be,  for
        purposes  of this  clause  (ii)  considered  as though such person was a
        member of the Incumbent Board.

        "CODE" shall mean the Internal Revenue Code of 1986, as amended,  and as
        interpreted by the regulations thereunder.

        "COMMITTEE"  shall mean the Stock Option  Committee  of the Company,  or
        such other  Committee as may be appointed by the Board of Directors from
        time to time.

        "COMPANY" shall mean CasinoBuilders.com, Inc., a Nevada corporation.

        "CONSULTANT" shall mean any individual that is expressly designated as a
        consultant  of the Company or its  Subsidiaries  by the Committee in its
        sole discretion.

                                       1
<PAGE>

        "DATE OF GRANT" shall mean the date on which the  Committee  resolves to
        grant  an  Option  to  an  Optionee  or  grant  Restricted  Stock  to  a
        Participant, as the case may be.

        "DISINTERESTED  DIRECTOR"  shall mean a member of the Board of Directors
        who is both (a) a  Non-Employee  Director,  within  the  meaning of Rule
        16b-3  promulgated  under the Exchange Act, as amended from time to time
        and (b) an Outside Director, within the meaning of Section 162(m) of the
        Code and the regulations promulgated thereunder, as amended from time to
        time.

        "EMPLOYEE"  shall include every  individual  performing  Services to the
        Company or its Subsidiaries if the relationship  between such individual
        and  the  Company  or its  Subsidiaries  is the  legal  relationship  of
        employer and employee. This definition of "Employee" is qualified in its
        entirety and is subject to the definition  set forth in section  3401(c)
        of the Code and the regulations thereunder.

        "EXCHANGE  ACT"  shall  mean the  Securities  Exchange  Act of 1934,  as
        amended,  and as  interpreted by the rules and  regulations  promulgated
        thereunder.

        "EXERCISE  PRICE"  shall  mean the  amount  for  which  one Share may be
        purchased  upon exercise of an Option,  as specified by the Committee in
        the applicable Stock Option Agreement, but in no event less than the par
        value per Share.

        "FAIR MARKET  VALUE"  shall mean the closing  price of the shares on the
        national  securities  exchange  on which the  Shares  are listed (if the
        shares are so  listed) as  reported  in the Wall  Street  Journal on the
        applicable  date (or, if not so reported,  as otherwise  reported by the
        National  Association of Securities Dealers Automated  Quotation System)
        or on the NASDAQ  National  Market  System (if the Shares are  regularly
        quoted thereon),  or, if not so listed or regularly quoted,  the mean of
        the   closing   bid  and  asked   prices  of  the   securities   in  the
        over-the-counter  market,  on the  applicable  date or,  if such bid and
        asked  prices  shall not be  available,  as reported  by any  nationally
        recognized  quotation service selected by the Company,  or as determined
        by the Committee in a manner consistent with the provisions of the Code.

        "ISO" shall mean a stock  option which is granted to an  individual  and
        which meets the requirements of section 422(b) of the Code,  pursuant to
        which the Optionee has no tax consequences  resulting from the grant or,
        subject to certain holding period  requirements,  exercise of the option
        and the employer is not entitled to a business  expense  deduction  with
        respect thereto.

        "NONSTATUTORY  OPTION"  shall mean any Option  granted by the  Committee
        that does not meet the  requirements  of sections 421 through 424 of the
        Code, as amended.

        "OPTION" shall mean either an ISO or Nonstatutory Option, as the context
        requires.

        "OPTIONEE" shall mean a Participant who holds an Option.

        "PARTICIPANTS"  shall mean those  individuals  described in Section 1 of
        this Plan selected by the Committee who are eligible  under Section 4 of
        this Plan for grants of either  Options or  Restricted  Stock under this
        Plan.

        "PERMANENT AND TOTAL DISABILITY" shall mean that an individual is unable
        to engage in any substantial gainful activity by reason of any medically
        determinable  physical  or mental  impairment  which can be  expected to
        result in death or which has  lasted  or can be  expected  to last for a
        continuous  period of more than twelve (12) months.  An individual shall
        not be considered to suffer from Permanent and Total  Disability  unless
        such individual  furnishes  proof of the existence  thereof in such form
        and manner, and at such times, as the Committee may reasonably  require.
        The scope of this definition shall  automatically be reduced or expanded
        to the extent that section  22(e)(3) of the Code is amended to reduce or
        expand the scope of the  definition  of Permanent  and Total  Disability
        thereunder.

                                       2
<PAGE>

        "PLAN" shall mean this  CasinoBuilders.com,  Inc.  1999 Stock Option and
        Restricted Stock Plan, as amended from time to time.

        "PLAN  AWARD"  shall  mean the grant of  either an Option or  Restricted
        Stock, as the context requires.

        "RESTRICTED  STOCK" shall have that meaning set forth in Section 7(a) of
        this Plan.

        "RESTRICTED  STOCK ACCOUNT" shall have that meaning set forth in Section
        7(a)(ii) of this Plan.

        "RESTRICTED  STOCK CRITERIA" shall have that meaning in Section 7(a)(iv)
        of this Plan.

        "RESTRICTION  PERIOD"  shall have that  meaning in Section  7(a)(iii) of
        this Plan.

        "SERVICES" shall mean services rendered to the Company by a Participant.

        "SHARE" shall mean one share of Stock,  as adjusted in  accordance  with
        Section 9 of this Plan (if applicable).

        "STOCK"  shall mean the Class A Common Stock of the  Company,  par value
        $.01 per share.

        "STOCK OPTION  AGREEMENT" shall mean the agreement  executed between the
        Company  and  an  Optionee  that  contains  the  terms,  conditions  and
        restrictions pertaining to the granting of an Option.

        "SUBSIDIARY"  shall  mean any  corporation  as to which  more than fifty
        (50%)  percent of the  outstanding  voting  stock or shares shall now or
        hereafter be owned or controlled,  directly by a person,  any Subsidiary
        of such person, or any Subsidiary of such Subsidiary.

        "TEN-PERCENT  SHAREHOLDER"  shall mean a person  that owns more than ten
        percent  (10%) of the total  combined  voting  power of all  classes  of
        outstanding stock of the Company or any Subsidiary,  taking into account
        the attribution  rules set forth in section 424 of the Code, as amended.
        For purposes of this  definition of "Ten Percent  Shareholder"  the term
        "outstanding   stock"  shall  include  all  stock  actually  issued  and
        outstanding  immediately  after the  grant of an Option to an  Optionee.
        "Outstanding  stock"  shall  not  include  reacquired  shares  or shares
        authorized for issuance under  outstanding  Options held by the Optionee
        or by any other person.

        "VEST DATE" shall have that meaning in Section 7(a)(v) of this Plan.

                                       3
<PAGE>

                                    SECTION 3
                                 ADMINISTRATION

(A)      GENERAL ADMINISTRATION.

        This Plan shall be administered by the Committee, which shall consist of
        at least two persons, each of whom shall be Disinterested Directors. The
        members of the  Committee  shall be  appointed by the Board of Directors
        for such terms as the Board of  Directors  may  determine.  The Board of
        Directors may from time to time remove  members from, or add members to,
        the Committee. Vacancies on the Committee, however caused, may be filled
        by the Board of Directors.

        (B) COMMITTEE PROCEDURES.

         The  Board of  Directors  shall  designate  one of the  members  of the
        Committee as chairman. The Committee may hold meetings at such times and
        places as it shall  determine.  The acts of a majority of the  Committee
        members present at meetings at which a quorum exists, or acts reduced to
        or approved in writing by a majority of all Committee members,  shall be
        valid  acts  of  the  Committee.  A  majority  of  the  Committee  shall
        constitute a quorum.

        (C) AUTHORITY OF COMMITTEE.

        This Plan  shall be  administered  by, or under the  direction  of,  the
        Committee  constituted  in such a manner as to comply at all times  with
        Rule 16b-3 (or any successor rule) under the Exchange Act. The Committee
        shall  administer  this  Plan so as to  comply  at all  times  with  the
        Exchange Act and, subject to the Code, shall otherwise have absolute and
        final  authority to interpret  this Plan and to make all  determinations
        specified in or permitted by this Plan or deemed  necessary or desirable
        for its  administration  or for the conduct of the Committee's  business
        including  without  limitation  the  authority  to  take  the  following
        actions:

                  (i)  To interpret this Plan and to apply its provisions;

                  (ii) To  adopt,  amend or rescind rules,  procedures and forms
                  relating to this Plan;

                  (iii) To  authorize  any person to  execute,  on behalf of the
                  Company,  any instrument required to carry out the purposes of
                  this Plan;

                  (iv) To determine  when  Plan Awards  are  to be granted under
                  this Plan;

                  (v)  To select the Optionees and Participants;

                  (vi) To determine the number  of  Shares to be made subject to
                  each Plan Award;

                  (vii) To prescribe the  terms,  conditions and restrictions of
                  each Plan Award,  including without limitation.,  the Exercise
                  Price,  the vesting  schedule and the determination whether an
                  Option is to be classified as an ISO or a Nonstatutory Option;

                  (viii) To amend any outstanding  Stock Option Agreement (other
                  than  the  Exercise  Price)  or  the  terms,   conditions  and
                  restrictions  of a  grant  of  Restricted  Stock,  subject  to
                  applicable legal  restrictions and the consent of the Optionee
                  or  Participant,  as the case may be,  who  entered  into such
                  agreement, or accelerate the vesting of any Plan Award;

                  (ix) To establish  procedures so that an Optionee may obtain a
                  loan  through a registered  broker-dealer  under the rules and
                  regulations of the Federal  Reserve Board,  for the purpose of
                  exercising an Option;

                                       4
<PAGE>

                  (x) To  establish  procedures  for  an  Optionee  (1) to  have
                  withheld  from the total number of Shares to be acquired  upon
                  the exercise of an Option that number of Shares  having a Fair
                  Market Value, which,  together with such cash as shall be paid
                  in respect of  fractional  shares,  shall  equal the  Exercise
                  Price,  and  (2)  to  exercise  a  portion  of  an  Option  by
                  delivering  that number of Shares already owned by an Optionee
                  having a Fair  Market  Value  which  shall  equal the  partial
                  Exercise Price and to deliver the Shares thus acquired by such
                  Optionee in payment of Shares to be  received  pursuant to the
                  exercise of additional  portions of the Option,  the effect of
                  which shall be that an Optionee  can in sequence  utilize such
                  newly acquired  shares in payment of the Exercise Price of the
                  entire  Option,  together  with  such cash as shall be paid in
                  respect of fractional shares;

                  (xi) To establish procedures whereby a number of Shares may be
                  withheld  from the total  number  of Shares to be issued  upon
                  exercise of an Option,  to meet the  obligation of withholding
                  for federal and state income and other taxes, if any, incurred
                  by the Optionee upon such exercise; and

                  (xii) To take any other actions deemed  necessary or advisable
                  for the administration of this Plan.

        All  interpretations  and  determinations  of the  Committee  made  with
        respect to the granting of Plan Awards shall be final,  conclusive,  and
        binding on all interested parties. The Committee may make grants of Plan
        Awards on an individual or group basis. No member of the Committee shall
        be liable for any action that is taken or is omitted to be taken if such
        action or omission  is taken in good faith with  respect to this Plan or
        grant of any Plan Award.

        (D) HOLDING PERIOD.

        The Committee may in its sole  discretion  require as a condition to the
        granting of any Plan Award,  that a Participant hold the Plan Awards for
        a period of six  months  following  the date of such  acquisition.  This
        condition shall be satisfied with respect to a derivative security if at
        least six months elapse from the date of  acquisition  of the derivative
        security to the date of disposition of the  derivative  security  (other
        than upon exercise or conversion) or its underlying equity security.

                                    SECTION 4
                                   ELIGIBILITY

(A)      GENERAL RULE.
        Subject to the  limitations set forth in subsection b below or elsewhere
        in this Plan,  Participants  shall be  eligible to  participate  in this
        Plan.

(B)      NON-EMPLOYEE INELIGIBLE FOR ISOS.

        In no event  shall an ISO be  granted  to any  individual  who is not an
        Employee  on the Date of  Grant,  unless  key  consultants  specifically
        included by written action of the Board.

                                       5
<PAGE>

                                    SECTION 5

                             SHARES SUBJECT TO PLAN

        (A) BASIC LIMITATION.

        Shares offered under this Plan may be authorized but unissued  Shares or
        Shares that have been reacquired by the Company. The aggregate number of
        Shares that are available for issuance  under this Plan shall not exceed
        ten  million  (10,000,000)  Shares,  subject to  adjustment  pursuant to
        Section 9 of this Plan.  The Committee  shall not issue more Shares than
        are  available for issuance  under this Plan.  The number of Shares that
        are subject to unexercised Options at any time under this Plan shall not
        exceed the number of Shares that remain  available  for  issuance  under
        this Plan. The Company, during the term of this Plan, shall at all times
        reserve and keep available sufficient Shares to satisfy the requirements
        of this Plan.

        (B) ADDITIONAL SHARES.
        In the event any outstanding Option for any reason expires,  is canceled
        or otherwise terminates, the Shares allocable to the unexercised portion
        of such Option shall again be available for issuance under this Plan. In
        the event that Shares issued under this Plan revert to the Company prior
        to the Vest Date under a grant of  Restricted  Stock,  such Shares shall
        again be available for issuance under this Plan.

                                    SECTION 6

                         TERMS AND CONDITIONS OF OPTIONS

(A)      TERM OF OPTION.
        The term of each  Option  shall be ten (10) years from the Date of Grant
        or such shorter term as may be  determined by the  Committee;  provided,
        however, in the case of an ISO granted to a Ten-Percent Shareholder, the
        term of such  ISO may be five (5)  years  from the Date of Grant or such
        shorter time as may be determined by the Committee.

(B)      EXERCISE PRICE.
        The Exercise Price shall be such price as is determined by the Committee
        in its sole  discretion  and set  forth in the Stock  Option  Agreement;
        provided,  however,  in the case of an ISO granted to an  Optionee,  the
        Exercise  Price shall not be less than 100% of the Fair Market  Value of
        the Shares  subject to such  option on the Date of Grant (or 110% in the
        case  of  an  Option  granted  to a  Participant  who  is a  Ten-Percent
        Shareholder on the Date of Grant).

(C)      METHOD OF PAYMENT.

        Payment for the Shares upon exercise of an Option shall be made in cash,
        by certified  check,  or if authorized by the Committee,  by delivery of
        other Shares having a Fair Market Value on the date of delivery equal to
        the  aggregate  exercise  price of the Shares as to which said Option is
        being exercised,  or by any combination of such methods of payment or by
        any other method of payment as may be permitted under applicable law and
        this Plan and  authorized  by the  Committee  under Section 3(d) of this
        Plan.

        (D) EXERCISE OF OPTION.

                  (l) PROCEDURE FOR EXERCISE;  RIGHTS OF SHAREHOLDER.
                  Any Option  granted  hereunder  shall be  exercisable  at such
                  times  under such  conditions  as shall be  determined  by the
                  Committee,  including without limitation  performance criteria
                  with  respect  to  the  Company  and/or  the  Optionee  and in
                  accordance with the terms of this Plan.

                                       6
<PAGE>

                  An Option may not be exercised for a fraction of a Share.

                  An Option shall be deemed to be exercised  when written notice
                  of such  exercise has been given to the Company in  accordance
                  with the terms of the Stock  Option  Agreement by the Optionee
                  entitled  to  exercise  the  Option and full  payment  for the
                  Shares with respect to which the Option is exercised  has been
                  received by the Company.  Full payment may, as  authorized  by
                  the Committee, consist of any form of consideration and method
                  of payment allowable under Section 6(b)(ii) of this Plan. Upon
                  the  receipt of notice of  exercise  and full  payment for the
                  Shares, the Shares shall be deemed to have been issued and the
                  Optionee shall be entitled to receive such Shares and shall be
                  a  shareholder  with  respect to such  Shares,  and the Shares
                  shall  be  considered   fully  paid  and   nonassessable.   No
                  adjustment  will be made for a  dividend  or other  right  for
                  which the record  date is prior to the date on which the stock
                  certificate is issued, except as provided in Section 9 of this
                  Plan.

                  Each exercise of an Option shall  reduce,  by an equal number,
                  the total  number of Shares that may  thereafter  be purchased
                  under such Option.

                  (II) TERMINATION OF STATUS AS AN EMPLOYEE OR CONSULTANT.
                  Except as  provided  in  Subsections  6(d)(iii)  and  6(d)(iv)
                  below,  an  Optionee  holding  an Option  who  ceases to be an
                  Employee,  a Consultant  or a director of the Company may, but
                  only until the  earlier of the date (x) the Option held by the
                  Optionee expires,  or (y) thirty (30) days after the date such
                  Optionee ceases to be an Employee, a Consultant or a director,
                  exercise  the  Option  to the  extent  that the  Optionee  was
                  entitled to exercise it on such date; provided,  however, that
                  in the event the  Optionee  is an Employee  and is  terminated
                  without  cause (as  determined  in the sole  discretion of the
                  Committee)  then the thirty (30) day period  described in this
                  sentence shall be  automatically  extended to ninety (90) days
                  (and in the case of a Nonstatutory  Option,  such period shall
                  be  automatically  extended  to six (6)  months),  unless  the
                  Committee  further extends such period in its sole discretion.
                  To the extent that the  Optionee  was not entitled to exercise
                  an Option on such date,  or if the Optionee  does not exercise
                  it  within  the  time  specified  herein,  such  Option  shall
                  terminate. The Committee shall have the authority to determine
                  the date an Optionee ceases to be an Employee, a Consultant or
                  a director.

                  (III) PERMANENT AND TOTAL DISABILITY.
                  Notwithstanding  the provisions of Section  6(c)(ii) above, in
                  the  event an  Optionee  is  unable  to  continue  to  perform
                  Services  for  the  Company  or any of its  Subsidiaries  as a
                  result of such Optionee's Permanent and Total Disability (and,
                  for ISOs,  at the time  such  Permanent  and Total  Disability
                  begins,  the Optionee was an Employee and had been an Employee
                  since the Date of Grant), such Optionee may exercise an Option
                  in whole or in part  notwithstanding  that such Option may not
                  be fully  exercisable,  but only until the earlier of the date
                  (x) the Option  held by the  Optionee  expires,  or (y) twelve
                  (12) months from the date of  termination  of Services  due to
                  such  Permanent  and  Total  Disability.  To  the  extent  the
                  Optionee is not entitled to exercise an Option on such date or
                  if the Optionee does not exercise it within the time specified
                  herein, such Option shall terminate.

                  (IV) DEATH OF AN OPTIONEE.
                  Upon the death of an Optionee,  any Option held by an Optionee
                  shall  terminate  and  be  of  no  further  effect;  provided,
                  however,  notwithstanding  the provisions of Section  6(c)(ii)
                  above, in the event an Optionee's death occurs during the term
                  of an Option held by such  Optionee and, at the time of death,
                  the Optionee was an Employee, Consultant or director (and, for
                  ISOs,  the  Optionee  had been an  Employee  since the Date of
                  Grant),  the  Option  may be  exercised  in  whole  or in part
                  notwithstanding  that  such  Option  may not have  been  fully
                  exercisable  on the  date of the  Optionee's  death,  but only
                  until  the  earlier  of the  date (x) the  Option  held by the
                  Optionee expires, or (y)  twelve  (12)  months  from  the date

                                       7

<PAGE>

                of the Optionee's death, by the Optionee's estate or by a person
                who acquired  the right to  exercise  the  Option by  bequest or
                inheritance. To the  extent  the  Option is not  entitled  to be
                exercised on such date or if the Option is not exercised  within
                the time specified herein, such Option shall terminate.

          (D) NON-TRANSFERABILITY OF OPTIONS.

          Except as may be  permitted by the  Committee in its sole  discretion,
          any Option granted under this Plan may not be sold, pledged, assigned,
          hypothecated,  transferred  or disposed of in any manner other than by
          will or by the laws of  descent  and  distribution  or  pursuant  to a
          qualified  domestic  relations order as defined by the Code or Title I
          of  the  Employee   Retirement  Income  Security  Act,  or  the  rules
          thereunder,  and is not  assignable  by operation of law or subject to
          execution,  attachment  or  similar  process.  During  the  Optionee's
          lifetime,  any Option granted under this Plan can only be exercised by
          such Optionee. Any attempted sale, pledge,  assignment,  hypothecation
          or other transfer of the Option contrary to the provisions  hereof and
          the levy of any  execution,  attachment  or similar  process  upon the
          Option shall be null and void and without force or effect. No transfer
          of the Option by will or by the laws of descent and distribution shall
          be  effective to bind the Company  unless the Company  shall have been
          furnished written notice thereof and an authenticated copy of the will
          and/or such other  evidence as the  Committee  may deem  necessary  to
          establish  the  validity of the  transfer  and the  acceptance  by the
          transferee or  transferees  of the terms and conditions of the Option.
          The terms of any Option  transferred by will or by the laws of descent
          and distribution shall be binding upon the executors,  administrators,
          heirs and successors of Optionee.

(E)      TIME OF GRANTING OPTIONS.
         Any Option granted  hereunder shall be deemed to be granted on the Date
         of Grant.  Written notice of the Committee's  determination to grant an
         Option to a Participant,  evidenced by a Stock Option Agreement,  dated
         as of the Date of Grant,  shall be given to such  Participant  within a
         reasonable time after the Date of Grant.

(F)      MODIFICATION, EXTENSION AND RENEWAL OF OPTIONS.
         Within the  limitations of this Plan, the Committee may modify,  extend
         or  renew  outstanding  Options  or  may  accept  the  cancellation  of
         outstanding  Options (to the extent not  previously  exercised) for the
         granting  of  new  Options  in  substitution  therefor.  The  foregoing
         notwithstanding,  no  modification  of an  Option  shall,  without  the
         consent  of the  Optionee,  alter or impair  the  Optionee's  rights or
         obligations under such Option;  provided that the Committee may, in its
         sole  discretion,  and without the consent of the Optionee or any other
         person,  reduce the exercise  price of all or any part of any Option or
         accelerate the vesting of all or part of any Option.

(G)      RESTRICTIONS ON TRANSFER OF SHARES.

         Any Shares  issued upon  exercise of an Option shall be subject to such
         rights of repurchase and other transfer  restrictions  as the Committee
         may determine in its sole discretion.  Such  restrictions  shall be set
         forth in the applicable Stock Option Agreement.

(H)      SPECIAL LIMITATION ON ISOS.
         To the extent that the aggregate  Fair Market Value  (determined on the
         Date of Grant) of the Shares with respect to which ISOs are exercisable
         for the first time by an individual during any calendar year under this
         Plan,  and under all other plans  maintained  by the  Company,  exceeds
         $100,000, such Options shall be treated as Options that are not ISOs.

                                       8

(I)      LEAVES OF ABSENCE.

         Leaves of  absence  approved  by the  Committee  which  conform  to the
         policies  of  the  Company  shall  not  be  considered  termination  of
         employment if the  employer-employee  relationship as defined under the
         Code or the regulations promulgated thereunder otherwise exists.

(J)      LIMITATION ON GRANTS OF OPTIONS TO COVERED EMPLOYEES.
         The total  number of Shares for which  Options may be granted and which
         may be awarded as Restricted Stock to any "covered employee" within the
         meaning of Section 162(m) of the Code and the  regulations  promulgated
         thereunder,  as amended from time to time,  during any one-year  period
         shall not exceed 350,000 in the aggregate.

(K)      DISQUALIFYING DISPOSITIONS.

         The Stock Option  Agreement  evidencing any ISO granted under this Plan
         shall  provide that if the  Optionee  makes a  disposition,  within the
         meaning of Section 425(c) of the Code and the  regulations  promulgated
         thereunder,  of any  share or  shares  issued  to him  pursuant  to the
         exercise of the ISO within the two-year  period  commencing  on the day
         after  the Date of Grant of such  Option or  within a  one-year  period
         commencing on the day after the date of transfer of the share or shares
         to him pursuant to the exercise of such  Option,  he shall,  within ten
         days of such  disposition,  notify the Company  thereof and immediately
         deliver to the  Company  any amount of federal  income tax  withholding
         required by law.

(L)      WITHHOLDING TAXES.

         The  Committee  shall  require an Optionee to pay to the Company at the
         time of  exercise  of an  Option  the  amount  that the  Company  deems
         necessary to satisfy its obligation to withhold federal, state or local
         income or other  taxes  incurred  by reason of the  exercise.  Upon the
         exercise of an Option requiring tax withholding, an Optionee may either
         pay  such  taxes  in cash or make a  written  election  to have  Shares
         withheld by the Company from the shares otherwise to be received by the
         Optionee.  The  acceptance of any such election by an Optionee shall be
         at the sole discretion of the Committee. In addition, the Committee may
         require the Company to withhold Shares from the Shares  otherwise to be
         received  by an  Optionee  upon  exercise  of an option.  The number of
         Shares withheld pursuant to this paragraph shall have an aggregate Fair
         Market  Value  on the  date  of  exercise  sufficient  to  satisfy  the
         applicable withholding taxes.

                                    SECTION 7

                                RESTRICTED STOCK

(A)      AUTHORITY TO GRANT RESTRICTED STOCK.

        The Committee shall have the authority to grant to  Participants  Shares
        that are subject to certain  terms,  conditions  and  restrictions  (the
        "Restricted  Stock").  The  Restricted  Stock  may  be  granted  by  the
        Committee either  separately or in combination with Options.  The terms,
        conditions and  restrictions of the Restricted Stock shall be determined
        from  time  to time  by the  Committee  without  limitation,  except  as
        otherwise provided in this Plan; provided,  however,  that each grant of
        Restricted  Stock shall require the Participant to remain an Employee of
        (or  otherwise   provide   Services  to)  the  Company  or  any  of  its
        Subsidiaries for at least twelve (12) months from the Date of Grant. The
        granting,  vesting  and  issuing of the  Restricted  Stock shall also be
        subject to the following provisions:

                  (I)  NATURE OF GRANT.  Restricted  Stock  shall be  granted to
                  Participants  for Services  rendered and at no additional cost
                  to  Participant;  provided,  however,  that  the  value of the
                  Services  performed  must,  in the  opinion of the  Committee,
                  equal or exceed  the par value of the  Restricted  Stock to be
                  granted to the Participant.

                                       9
<PAGE>

                  (II) RESTRICTED  STOCK ACCOUNT.  The Company shall establish a
                  restricted stock account (the "Restricted  Stock Account") for
                  each Participant to whom Restricted Stock is granted, and such
                  Restricted  Stock  shall  be  credited  to  such  account.  No
                  certificates will be issued to the Participant with respect to
                  the Restricted  Stock until the Vest Date as provided  herein.
                  Every  credit  of  Restricted  Stock  under  this  Plan  to  a
                  Restricted Stock Account shall be considered  "contingent" and
                  unfunded until the Vest Date. Such contingent credits shall be
                  considered  bookkeeping  entries  only,   notwithstanding  the
                  "crediting" of "dividends" as provided  herein.  Such accounts
                  shall  be  subject  to the  general  claims  of the  Company's
                  creditors.  The  Participant's  rights to the Restricted Stock
                  Account shall be no greater than that of a general creditor of
                  the Company.  Nothing  contained  herein shall be construed as
                  creating  a  trust  or  fiduciary   relationship  between  the
                  Participants  and the  Company,  the Board of Directors or the
                  Committee.

                  (III) RESTRICTIONS.  The terms, conditions and restrictions of
                  the  Restricted  Stock shall be determined by the Committee on
                  the  Date of  Grant.  The  Restricted  Stock  may not be sold,
                  assigned,   transferred,   redeemed,   pledged  or   otherwise
                  encumbered  during the  period in which the terms,  conditions
                  and restrictions apply (the "Restriction  Period").  More than
                  one grant of Restricted  Stock may be  outstanding  at any one
                  time, and the Restriction Periods may be of different lengths.
                  Receipt  of  the   Restricted   Stock  is   conditioned   upon
                  satisfactory   compliance  with  the  terms,   conditions  and
                  restrictions of this Plan and those imposed by the Committee.

                  (IV) RESTRICTED  STOCK CRITERIA.  At the time of each grant of
                  Restricted  Stock,  the Committee in its sole  discretion  may
                  establish  certain  criteria to  determine  the times at which
                  restrictions placed on Restricted Stock shall lapse (i.e., the
                  termination  of the  Restriction  Period),  which criteria may
                  include without  limitation  performance  measures and targets
                  and/or  holding period  requirements  (the  "Restricted  Stock
                  Criteria").   The  Committee  may  establish  a  corresponding
                  relationship between the Restricted Stock Criteria and (x) the
                  number of Shares of Restricted  Stock that may be earned,  and
                  (y) the extent to which the terms, conditions and restrictions
                  on the Restricted Stock shall lapse. Restricted Stock Criteria
                  may vary among grants of Restricted Stock; provided,  however,
                  that once the Restricted  Stock Criteria are established for a
                  grant of Restricted Stock, the Restricted Stock Criteria shall
                  not be modified with respect to such grant.

                  (V) VESTING.  On the date the Restriction  Period  terminates,
                  the Restricted  Stock shall vest in the Participant (the "Vest
                  Date"), who may then require the Company to issue certificates
                  evidencing  the  Restricted  Stock  credited to the Restricted
                  Stock Account of such Participant.

                  (VI)  DIVIDENDS.  The  Committee may provide from time to time
                  that amounts  equivalent  to  dividends  shall be payable with
                  respect to the Restricted  Stock held in the Restricted  Stock
                  Account of a  Participant.  Such amounts  shall be credited to
                  the  Restricted  Stock  Account  and shall be  payable  to the
                  Participant on the Vest Date.

                  (VII)  TERMINATION OF SERVICES.  If a Participant (x) with the
                  consent  of the  Committee,  ceases to be an  Employee  of, or
                  otherwise ceases to provide Services to, the Company or any of
                  its  Subsidiaries,  or (y) dies or suffers from  Permanent and
                  Total Disability, the vesting or forfeiture (including without
                  limitation  the terms,  conditions  and  restrictions)  of any
                  grant  under  this  Section  7  shall  be  determined  by  the
                  Committee in its sole  discretion,  subject to any limitations
                  or terms of this  Plan.  If the  Participant  ceases  to be an
                  Employee of, or otherwise  ceases to provide  Services to, the
                  Company or any of its Subsidiaries  for any other reason,  all
                  grants of Restricted  Stock under this Plan shall be forfeited
                  (subject to the terms of this Plan).

                                       10
<PAGE>

         (B) DEFERRAL OF PAYMENTS.

         The Committee may establish procedures by which a Participant may elect
         to defer the  transfer  of  Restricted  Stock to the  Participant.  The
         Committee  shall determine the terms and conditions of such deferral in
         its sole discretion.

                                    SECTION 8

                               ISSUANCE OF SHARES

        As a condition to the transfer of any Shares issued under this Plan, the
        Company may require an opinion of counsel,  satisfactory to the Company,
        to the  effect  that  such  transfer  will  not be in  violation  of the
        Securities Act of 1933, as amended (the "Securities  Act"), or any other
        applicable securities laws, rules or regulations,  or that such transfer
        has been registered  under federal and all applicable  state  securities
        laws.  The Company may refrain from  delivering or  transferring  Shares
        issued  under  this Plan until the  Committee  has  determined  that the
        Participant has tendered to the Company any and all applicable  federal,
        state or local tax owed by the  Participant as the result of the receipt
        of a Plan Award,  the  exercise of an Option or the  disposition  of any
        Shares issued under this Plan, in the event that the Company  reasonably
        determines that it might have a legal liability to satisfy such tax. The
        Company  shall not be liable to any person or entity for  damages due to
        any  delay  in  the  delivery  or  issuance  of  any  stock  certificate
        evidencing any Shares for any reason whatsoever.

                                    SECTION 9

              CAPITALIZATION ADJUSTMENTS; MERGER; CHANGE IN CONTROL

(A)      ADJUSTMENTS UPON CHANGES IN CAPITALIZATION.

        Subject to any required action by the  stockholders of the Company,  the
        number of Shares  covered  by each  outstanding  Option,  the  aggregate
        number of Shares that have been  authorized for issuance under this Plan
        and the number of Shares of Restricted  Stock credited to any Restricted
        Stock Account of a Participant (as well as the Exercise Price covered by
        any  outstanding  Option),  shall be  proportionately  adjusted  for any
        increase  or decrease in the number of issued  Shares  resulting  from a
        stock split,  payment of a stock  dividend  with respect to the Stock or
        any other  increase or decrease in the number of issued Shares  effected
        without receipt of consideration  by the Company.  Such adjustment shall
        be made by the Committee in its sole discretion,  which adjustment shall
        be final,  binding and conclusive.  Except as expressly provided herein,
        no issuance by the Company of shares of stock of any class shall affect,
        and no adjustment  by reason  thereof shall be made with respect to, the
        number or price of Shares subject to an Option.

(B)      DISSOLUTION, LIQUIDATION, SALE OF ASSETS OR MERGER.
        In the event of the  dissolution or  liquidation  of the Company,  other
        than  pursuant to a  Reorganization  (hereinafter  defined),  any Option
        granted  under the Plan shall  terminate as of a date to be fixed by the
        Committee,  provided  that not less than 30 days  written  notice of the
        date so fixed  shall be given to each  Optionee  and each such  Optionee
        shall have the right  during such  period to exercise  his Options as to
        all or any part of the Shares  covered  thereby  including  Shares as to
        which such Options  would not otherwise be  exercisable  by reason of an
        insufficient lapse of time.

                                       11
<PAGE>

        In the  event  of a  Reorganization  in  which  the  Company  is not the
        surviving or acquiring company,  or in which the Company is or becomes a
        wholly-owned  subsidiary of another  company after the effective date of
        the Reorganization, then

                  (i)  if  there  is  no  plan  or  agreement   respecting   the
                  Reorganization   ("Reorganization   Agreement")   or  if   the
                  Reorganization Agreement does not specifically provide for the
                  change, conversion or exchange of the Shares under outstanding
                  unexercised  Options for  securities  of another  corporation,
                  then the  Committee  shall take such  action,  and the Options
                  shall terminate, as provided above;

                  or

                  (ii)  if  there  is a  Reorganization  Agreement  and  if  the
                  Reorganization Agreement specifically provides for the change,
                  conversion  or exchange  of the shares  under  outstanding  or
                  unexercised  options for  securities  of another  corporation,
                  then  the  Committee   shall  adjust  the  shares  under  such
                  outstanding  unexercised  Options (and shall adjust the Shares
                  which are then available to be optioned, if the Reorganization
                  Agreement makes specific provisions therefore) in a manner not
                  inconsistent   with  the  provisions  of  the   Reorganization
                  Agreement for the adjustment,  change,  conversion or exchange
                  of such stock and such options.

        The term "Reorganization" as used in this Subsection 9(b) shall mean any
        statutory merger, statutory consolidation,  sale of all or substantially
        all of the assets of the Company, or sale, pursuant to an agreement with
        the Company,  of securities of the Company pursuant to which the Company
        is or becomes a  wholly-owned  subsidiary  of another  company after the
        effective date of the Reorganization.

        Except as provided  above in this  Section  9(b) and except as otherwise
        provided by the  Committee  in its sole  discretion,  any Options  shall
        terminate immediately prior to the consummation of such proposed action.

        Fractional  shares  resulting  from  any  adjustments  pursuant  to this
        Section  may be  settled in cash or  otherwise  as the  Committee  shall
        determine.  Notice of any  adjustment  shall be given by the  Company to
        each holder of an Option or share of  Restricted  Stock which shall have
        been so  adjusted  and such  adjustment  (whether  or not such notice is
        given) shall be effective and binding for all purposes of the Plan.

(C)      CHANGE IN CONTROL.

         Subject to Section 9(b), in the event there occurs a Change of Control,
        (i) the  Optionees  shall have the right to exercise  from and after the
        date of the Change in Control the Option held by such  Optionee in whole
        or  in  part   notwithstanding   that  such  Option  may  not  be  fully
        exercisable,  and (ii) any and all  restrictions on any Restricted Stock
        credited to a Restricted  Stock Account shall lapse and such stock shall
        immediately vest in the Participants notwithstanding that the Restricted
        Stock held in such account was unvested.

                                   SECTION 10

                              NO EMPLOYMENT RIGHTS

         No  provision of this Plan,  under any Stock Option  Agreement or under
        any grant of Restricted Stock shall be construed to give any Participant
        any right to remain an Employee of, or provide  Services to, the Company
        or any of its  Subsidiaries  or to affect  the right of the  Company  to
        terminate any Participant's service at any time, with or without cause.

                                       12
<PAGE>

                                   SECTION 11

                TERM OF PLAN; EFFECT OF AMENDMENT OR TERMINATION

(A)      EFFECTIVE DATE; TERM OF PLAN.
        This Plan  shall  become  effective  upon its  adoption  by the Board of
        Directors.  This Plan  shall  continue  in effect for a term of ten (10)
        years unless sooner terminated under this Section 11.

(B)      AMENDMENT AND TERMINATION.
        The Board of Directors in its sole discretion may terminate this Plan at
        any time. The Board of Directors may amend this Plan at any time in such
        respects as the Board of Directors may deem  advisable;  provided,  that
        any change in the  aggregate  number of Shares that may be issued  under
        this Plan,  other than in connection with an adjustment  under Section 9
        of this Plan, shall require approval of the holders of a majority of the
        outstanding Shares entitled to vote.

(C)      EFFECT OF TERMINATION.
         In the event this Plan is  terminated,  no Shares shall be issued under
        this Plan,  except  upon  exercise  of an Option  granted  prior to such
        termination  or  issuance  of  Shares  of  Restricted  Stock  previously
        credited to a Restricted Stock Account. The termination of this Plan, or
        any amendment thereof,  shall not affect any Shares previously issued to
        a  Participant,  any Option  previously  granted  under this Plan or any
        Restricted Stock previously credited to a Restricted Stock Account.

                                   SECTION 12

                                  GOVERNING LAW

        THIS  PLAN  AND ANY AND  ALL  STOCK  OPTION  AGREEMENTS  AND  AGREEMENTS
        RELATING TO THE GRANT OF RESTRICTED  STOCK  EXECUTED IN CONNECTION  WITH
        THIS PLAN SHALL BE GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH THE LAWS
        OF THE STATE OF NEVADA, WITHOUT REGARD TO CONFLICT OF LAWS PRINCIPLES.

                                        13

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00014-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00014-of-00352.parquet"}]]