Document:

THIS WARRANT AND THE COMMON SHARES ISSUABLE UPON EXERCISE OF THIS WARRANT HAVE
NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED. THIS WARRANT
AND THE COMMON SHARES ISSUABLE UPON EXERCISE OF THIS WARRANT MAY NOT BE SOLD,
OFFERED FOR SALE, PLEDGED OR HYPOTHECATED IN THE ABSENCE OF AN EFFECTIVE
REGISTRATION STATEMENT UNDER SAID ACT OR AN OPINION OF COUNSEL REASONABLY
SATISFACTORY TO TISSERA, INC. THAT SUCH REGISTRATION IS NOT REQUIRED.

                        Right to Purchase _________ shares of Common Stock of
                        Tissera, Inc. (subject to adjustment as provided herein)

                         COMMON STOCK PURCHASE WARRANT C

No. 2004-C-MAR-001                                   Issue Date: March ___, 2004

      TISSERA, INC., a corporation organized under the laws of the State of
Washington (the "Company"), hereby certifies that, for value received,
__________________________________,
____________________________________________, or its assigns (the "Holder"), is
entitled, subject to the terms set forth below, to purchase from the Company at
any time after the Issue Date up to 5:00 p.m., E.S.T on the third anniversary of
the Issue Date (the "Expiration Date"), up to ________ fully paid and
nonassessable shares of the common stock of the Company (the "Common Stock"),
$.0001 par value per share at a per share purchase price of $6.00. The
aforedescribed purchase price per share, as adjusted from time to time as herein
provided, is referred to herein as the "Purchase Price." The number and
character of such shares of Common Stock and the Purchase Price are subject to
adjustment as provided herein. The Company may reduce the Purchase Price without
the consent of the Holder. Capitalized terms used and not otherwise defined
herein shall have the meanings set forth in that certain Subscription Agreement
(the "Subscription Agreement"), dated March ___, 2004, entered into by the
Company and the Holder.

      As used herein the following terms, unless the context otherwise requires,
have the following respective meanings:

      (a) The term "Company" shall include Tissera, Inc. and any corporation
which shall succeed or assume the obligations of Tissera, Inc. hereunder.

      (b) The term "Common Stock" includes (a) the Company's Common Stock,
$.0001 par value per share, as authorized on the date of the Subscription
Agreement, and (b) any other securities into which or for which any of the
securities described in (a) may be converted or exchanged pursuant to a plan of
recapitalization, reorganization, merger, sale of assets or otherwise.

      (c) The term "Other Securities" refers to any stock (other than Common
Stock) and other securities of the Company or any other person (corporate or
otherwise) which the holder of the Warrant at any time shall be entitled to
receive, or shall have received, on the exercise of the Warrant, in lieu of or
in addition to Common Stock, or which at any time shall be issuable or shall
have been issued in exchange for or in replacement of Common Stock or Other
Securities pursuant to Section 4 or otherwise.

                                       1
<PAGE>

      1. Exercise of Warrant.

            1.1. Number of Shares Issuable upon Exercise. From and after the
Issue Date through and including the Expiration Date, the Holder hereof shall be
entitled to receive, upon exercise of this Warrant in whole in accordance with
the terms of subsection 1.2 or upon exercise of this Warrant in part in
accordance with subsection 1.3, shares of Common Stock of the Company, subject
to adjustment pursuant to Section 4.

            1.2. Full Exercise. This Warrant may be exercised in full by the
Holder hereof by delivery of an original or facsimile copy of the form of
subscription attached as Exhibit A hereto (the "Subscription Form") duly
executed by such Holder and surrender of the original Warrant within seven (7)
days of exercise, to the Company at its principal office or at the office of its
Warrant Agent (as provided hereinafter), accompanied by payment, in cash, wire
transfer or by certified or official bank check payable to the order of the
Company, in the amount obtained by multiplying the number of shares of Common
Stock for which this Warrant is then exercisable by the Purchase Price then in
effect.

            1.3. Partial Exercise. This Warrant may be exercised in part (but
not for a fractional share) by surrender of this Warrant in the manner and at
the place provided in subsection 1.2 except that the amount payable by the
Holder on such partial exercise shall be the amount obtained by multiplying (a)
the number of whole shares of Common Stock designated by the Holder in the
Subscription Form by (b) the Purchase Price then in effect. On any such partial
exercise, the Company, at its expense, will forthwith issue and deliver to or
upon the order of the Holder hereof a new Warrant of like tenor, in the name of
the Holder hereof or as such Holder (upon payment by such Holder of any
applicable transfer taxes) may request, the whole number of shares of Common
Stock for which such Warrant may still be exercised.

            1.4. Fair Market Value. Fair Market Value of a share of Common Stock
as of a particular date (the "Determination Date") shall mean:

                  (a) If the Company's Common Stock is traded on an exchange or
is quoted on the National Association of Securities Dealers, Inc. Automated
Quotation ("NASDAQ"), National Market System, the NASDAQ SmallCap Market or the
American Stock Exchange, LLC, then the closing or last sale price, respectively,
reported for the last business day immediately preceding the Determination Date;

                  (b) If the Company's Common Stock is not traded on an exchange
or on the NASDAQ National Market System, the NASDAQ SmallCap Market or the
American Stock Exchange, Inc., but is traded in the over-the-counter market,
then the average of the closing bid and ask prices reported for the last
business day immediately preceding the Determination Date;

                  (c) Except as provided in clause (d) below, if the Company's
Common Stock is not publicly traded, then as the Holder and the Company agree,
or in the absence of such an agreement, by arbitration in accordance with the
rules then standing of the American Arbitration Association, before a single
arbitrator to be chosen from a panel of persons qualified by education and
training to pass on the matter to be decided; or

                  (d) If the Determination Date is the date of a liquidation,
dissolution or winding up, or any event deemed to be a liquidation, dissolution
or winding up pursuant to the Company's charter, then all amounts to be payable
per share to holders of the Common Stock pursuant to the charter in the event of
such liquidation, dissolution or winding up, plus all other amounts to be
payable per share in respect of the Common Stock in liquidation under the
charter, assuming for the purposes of this clause (d) that all of the shares of
Common Stock then issuable upon exercise of all of the Warrants are outstanding
at the Determination Date.

                                       2
<PAGE>

            1.5. Company Acknowledgment. The Company will, at the time of the
exercise of the Warrant, upon the request of the Holder hereof acknowledge in
writing its continuing obligation to afford to such Holder any rights to which
such Holder shall continue to be entitled after such exercise in accordance with
the provisions of this Warrant. If the Holder shall fail to make any such
request, such failure shall not affect the continuing obligation of the Company
to afford to such Holder any such rights.

            1.6. Trustee for Warrant Holders. In the event that a bank or trust
company shall have been appointed as trustee for the Holder of the Warrants
pursuant to Subsection 3.2, such bank or trust company shall have all the powers
and duties of a warrant agent (as hereinafter described) and shall accept, in
its own name for the account of the Company or such successor person as may be
entitled thereto, all amounts otherwise payable to the Company or such
successor, as the case may be, on exercise of this Warrant pursuant to this
Section 1.

            1.7 Delivery of Stock Certificates, etc. on Exercise. The Company
agrees that the shares of Common Stock purchased upon exercise of this Warrant
shall be deemed to be issued to the Holder hereof as the record owner of such
shares as of the close of business on the date on which this Warrant shall have
been surrendered and payment made for such shares as aforesaid. As soon as
practicable after the exercise of this Warrant in full or in part, and in any
event within five (5) days thereafter, the Company at its expense (including the
payment by it of any applicable issue taxes) will cause to be issued in the name
of and delivered to the Holder hereof, or as such Holder (upon payment by such
Holder of any applicable transfer taxes) may direct in compliance with
applicable securities laws, a certificate or certificates for the number of duly
and validly issued, fully paid and nonassessable shares of Common Stock (or
Other Securities) to which such Holder shall be entitled on such exercise, plus,
in lieu of any fractional share to which such Holder would otherwise be
entitled, cash equal to such fraction multiplied by the then Fair Market Value
of one full share of Common Stock, together with any other stock or other
securities and property (including cash, where applicable) to which such Holder
is entitled upon such exercise pursuant to Section 1 or otherwise.

      2. Cashless Exercise.

            (a) If a Registration Statement as defined in the Subscription
Agreement ("Registration Statement") is effective and the Holder may sell its
shares of Common Stock upon exercise hereof, this Warrant may be exercisable in
whole or in part for cash only as set forth in Section 1 above. If no such
Registration Statement is available, payment upon exercise may be made at the
option of the Holder either in (i) cash, wire transfer or by certified or
official bank check payable to the order of the Company equal to the applicable
aggregate Purchase Price, (ii) by delivery of Common Stock issuable upon
exercise of the Warrants in accordance with Section (b) below or (iii) by a
combination of any of the foregoing methods, for the number of Common Stock
specified in such form (as such exercise number shall be adjusted to reflect any
adjustment in the total number of shares of Common Stock issuable to the holder
per the terms of this Warrant) and the holder shall thereupon be entitled to
receive the number of duly authorized, validly issued, fully-paid and
non-assessable shares of Common Stock (or Other Securities) determined as
provided herein.

                                       3
<PAGE>

            (b) Notwithstanding any provisions herein to the contrary, if the
Fair Market Value of one share of Common Stock is greater than the Purchase
Price (at the date of calculation as set forth below), in lieu of exercising
this Warrant for cash, the holder may elect to receive shares equal to the value
(as determined below) of this Warrant (or the portion thereof being cancelled)
by surrender of this Warrant at the principal office of the Company together
with the properly endorsed Subscription Form in which event the Company shall
issue to the holder a number of shares of Common Stock computed using the
following formula:

                           X=Y (A-B)
                           ---------
                               A

                  Where    X=       the number of shares of Common Stock to be
                                    issued to the holder

                           Y=       the number of shares of Common Stock
                                    purchasable under the Warrant or, if only a
                                    portion of the Warrant is being exercised,
                                    the portion of the Warrant being exercised
                                    (at the date of such calculation)

                           A=       the Fair Market Value of one share of the
                                    Company's Common Stock (at the date of such
                                    calculation)

                           B=       Purchase Price (as adjusted to the date of
                                    such calculation)

            (c) The Holder may employ the cashless exercise feature described
above only during the pendency of a Non-Registration Event as described in
Section 11.4 of the Subscription Agreement.

            (d) For purposes of Rule 144 promulgated under the 1933 Act, it is
intended, understood and acknowledged that the Warrant Shares issued in a
cashless exercise transaction shall be deemed to have been acquired by the
Holder, and the holding period for the Warrant Shares shall be deemed to have
commenced, on the date this Warrant was originally issued pursuant to the
Subscription Agreement.

      3. Adjustment for Reorganization, Consolidation, Merger, etc.

            3.1. Reorganization, Consolidation, Merger, etc. In case at any time
or from time to time, the Company shall (a) effect a reorganization, (b)
consolidate with or merge into any other person or (c) transfer all or
substantially all of its properties or assets to any other person under any plan
or arrangement contemplating the dissolution of the Company, then, in each such
case, as a condition to the consummation of such a transaction, proper and
adequate provision shall be made by the Company whereby the Holder of this
Warrant, on the exercise hereof as provided in Section 1, at any time after the
consummation of such reorganization, consolidation or merger or the effective
date of such dissolution, as the case may be, shall receive, in lieu of the
Common Stock (or Other Securities) issuable on such exercise prior to such
consummation or such effective date, the stock and other securities and property
(including cash) to which such Holder would have been entitled upon such
consummation or in connection with such dissolution, as the case may be, if such
Holder had so exercised this Warrant, immediately prior thereto, all subject to
further adjustment thereafter as provided in Section 4.

            3.2. Dissolution. In the event of any dissolution of the Company
following the transfer of all or substantially all of its properties or assets,
the Company, prior to such dissolution, shall at its expense deliver or cause to
be delivered the stock and other securities and property (including cash, where
applicable) receivable by the Holder of the Warrants after the effective date of
such dissolution pursuant to this Section 3 to a bank or trust company (a
"Trustee") having its principal office in New York, NY, as trustee for the
Holder of the Warrants.

                                       4
<PAGE>

            3.3. Continuation of Terms. Upon any reorganization, consolidation,
merger or transfer (and any dissolution following any transfer) referred to in
this Section 3, this Warrant shall continue in full force and effect and the
terms hereof shall be applicable to the Other Securities and property receivable
on the exercise of this Warrant after the consummation of such reorganization,
consolidation or merger or the effective date of dissolution following any such
transfer, as the case may be, and shall be binding upon the issuer of any Other
Securities, including, in the case of any such transfer, the person acquiring
all or substantially all of the properties or assets of the Company, whether or
not such person shall have expressly assumed the terms of this Warrant as
provided in Section 4. In the event this Warrant does not continue in full force
and effect after the consummation of the transaction described in this Section
3, then only in such event will the Company's securities and property (including
cash, where applicable) receivable by the Holder of the Warrants be delivered to
the Trustee as contemplated by Section 3.2.

            3.4 Share Issuance. Until the Expiration Date, if the Company shall
issue any Common Stock except for the Excepted Issuances (as defined in the
Subscription Agreement), prior to the complete exercise of this Warrant for a
consideration less than the Purchase Price that would be in effect at the time
of such issue, then, and thereafter successively upon each such issue, the
Purchase Price shall be reduced to such other lower issue price. For purposes of
this adjustment, the issuance of any security or debt instrument of the Company
carrying the right to convert such security or debt instrument into Common Stock
or of any warrant, right or option to purchase Common Stock shall result in an
adjustment to the Purchase Price upon the issuance of the above-described
security, debt instrument, warrant, right, or option. The reduction of the
Purchase Price described in this Section 3.4 is in addition to the other rights
of the Holder described in the Subscription Agreement.

      4. Extraordinary Events Regarding Common Stock. In the event that the
Company shall (a) issue additional shares of the Common Stock as a dividend or
other distribution on outstanding Common Stock, (b) subdivide its outstanding
shares of Common Stock, or (c) combine its outstanding shares of the Common
Stock into a smaller number of shares of the Common Stock, then, in each such
event, the Purchase Price shall, simultaneously with the happening of such
event, be adjusted by multiplying the then Purchase Price by a fraction, the
numerator of which shall be the number of shares of Common Stock outstanding
immediately prior to such event and the denominator of which shall be the number
of shares of Common Stock outstanding immediately after such event, and the
product so obtained shall thereafter be the Purchase Price then in effect. The
Purchase Price, as so adjusted, shall be readjusted in the same manner upon the
happening of any successive event or events described herein in this Section 4.
The number of shares of Common Stock that the Holder of this Warrant shall
thereafter, on the exercise hereof as provided in Section 1, be entitled to
receive shall be adjusted to a number determined by multiplying the number of
shares of Common Stock that would otherwise (but for the provisions of this
Section 4) be issuable on such exercise by a fraction of which (a) the numerator
is the Purchase Price that would otherwise (but for the provisions of this
Section 4) be in effect, and (b) the denominator is the Purchase Price in effect
on the date of such exercise.

      5. Certificate as to Adjustments. In each case of any adjustment or
readjustment in the shares of Common Stock (or Other Securities) issuable on the
exercise of the Warrants, the Company at its expense will promptly cause its
Chief Financial Officer or other appropriate designee to compute such adjustment
or readjustment in accordance with the terms of the Warrant and prepare a
certificate setting forth such adjustment or readjustment and showing in detail
the facts upon which such adjustment or readjustment is based, including a
statement of (a) the consideration received or receivable by the Company for any
additional shares of Common Stock (or Other Securities) issued or sold or deemed
to have been issued or sold, (b) the number of shares of Common Stock (or Other
Securities) outstanding or deemed to be outstanding, and (c) the Purchase Price
and the number of shares of Common Stock to be received upon exercise of this
Warrant, in effect immediately prior to such adjustment or readjustment and as
adjusted or readjusted as provided in this Warrant. The Company will forthwith
mail a copy of each such certificate to the Holder of the Warrant and any
Warrant Agent of the Company (appointed pursuant to Section 11 hereof).

                                       5
<PAGE>

      6. Reservation of Stock, etc. Issuable on Exercise of Warrant; Financial
Statements. The Company will at all times reserve and keep available, solely for
issuance and delivery on the exercise of the Warrants, all shares of Common
Stock (or Other Securities) from time to time issuable on the exercise of the
Warrant. This Warrant entitles the Holder hereof to receive copies of all
financial and other information distributed or required to be distributed to the
holders of the Company's Common Stock.

      7. Assignment; Exchange of Warrant. Subject to compliance with applicable
securities laws, this Warrant, and the rights evidenced hereby, may be
transferred by any registered holder hereof (a "Transferor"). On the surrender
for exchange of this Warrant, with the Transferor's endorsement in the form of
Exhibit B attached hereto (the "Transferor Endorsement Form") and together with
an opinion of counsel reasonably satisfactory to the Company that the transfer
of this Warrant will be in compliance with applicable securities laws, the
Company at its expense, twice, only, but with payment by the Transferor of any
applicable transfer taxes, will issue and deliver to or on the order of the
Transferor thereof a new Warrant or Warrants of like tenor, in the name of the
Transferor and/or the transferee(s) specified in such Transferor Endorsement
Form (each a "Transferee"), calling in the aggregate on the face or faces
thereof for the number of shares of Common Stock called for on the face or faces
of the Warrant so surrendered by the Transferor. No such transfers shall result
in a public distribution of the Warrant; and the Company shall only be
responsible for "blue sky" compliance expenses for resales under any
registration statement filed in accordance with Section 11 of the Subscription
Agreement for two (2) such transfers to two (2) applicable states of the United
States only.

      8. Replacement of Warrant. On receipt of evidence reasonably satisfactory
to the Company of the loss, theft, destruction or mutilation of this Warrant
and, in the case of any such loss, theft or destruction of this Warrant, on
delivery of an indemnity agreement or security reasonably satisfactory in form
and amount to the Company or, in the case of any such mutilation, on surrender
and cancellation of this Warrant, the Company at its expense, twice only, will
execute and deliver, in lieu thereof, a new Warrant of like tenor.

      9. Registration Rights. The Holder of this Warrant has been granted
certain registration rights by the Company. These registration rights are set
forth in the Subscription Agreement. The terms of the Subscription Agreement are
incorporated herein by this reference. During the pendency of a Non-Registration
Event (as defined in the Subscription Agreement, upon written demand made by the
Holder, the Company will pay to the Holder of this Warrant, in lieu of
delivering Common Stock, a sum equal to the closing price of the Company's
Common Stock on the principal market or exchange upon which the Common Stock is
listed for trading on the trading date immediately preceding the date notice is
given by the Holder, less the Purchase Price, for each share of Common Stock
designated in such notice from the Holder.

      10. Maximum Exercise. The Holder shall not be entitled to exercise this
Warrant on an exercise date, in connection with that number of shares of Common
Stock which would be in excess of the sum of (i) the number of shares of Common
Stock beneficially owned by the Holder and its affiliates on an exercise date,
and (ii) the number of shares of Common Stock issuable upon the exercise of this
Warrant with respect to which the determination of this limitation is being made
on an exercise date, which would result in beneficial ownership by the Holder
and its affiliates of more than 4.99% of the outstanding shares of Common Stock
on such date. For the purposes of the immediately preceding sentence, beneficial
ownership shall be determined in accordance with Section 13(d) of the Securities
Exchange Act of 1934, as amended, and Regulation 13d-3 thereunder. Subject to
the foregoing, the Holder shall not be limited to aggregate exercises which
would result in the issuance of more than 4.99%. The restriction described in
this paragraph may be revoked upon and effective after sixty-one (61) days prior
notice from the Holder to the Company. The Holder may allocate which of the
equity of the Company deemed beneficially owned by the Purchaser shall be
included in the 4.99% amount described above and which shall be allocated to the
excess above 4.99%.

                                       6
<PAGE>

      11. Warrant Agent. The Company may, by written notice to the Holder of the
Warrant, appoint an agent (a "Warrant Agent") for the purpose of issuing Common
Stock (or Other Securities) on the exercise of this Warrant pursuant to Section
1, exchanging this Warrant pursuant to Section 7, and replacing this Warrant
pursuant to Section 8, or any of the foregoing, and thereafter any such
issuance, exchange or replacement, as the case may be, shall be made at such
office by such Warrant Agent.

      12. Transfer on the Company's Books. Until this Warrant is transferred on
the books of the Company, the Company may treat the registered holder hereof as
the absolute owner hereof for all purposes, notwithstanding any notice to the
contrary.

      13. Warrant Exercise Compensation. The Company has agreed to pay Burstein
& Lindsay Security Corp. ("Finder") Warrant Exercise Compensation as described
in the Subscription Agreement.

      14. Notices. All notices, demands, requests, consents, approvals, and
other communications required or permitted hereunder shall be in writing and,
unless otherwise specified herein, shall be (i) personally served, (ii)
deposited in the mail, registered or certified, return receipt requested,
postage prepaid, (iii) delivered by reputable air courier service with charges
prepaid, or (iv) transmitted by hand delivery, telegram, or facsimile, addressed
as set forth below or to such other address as such party shall have specified
most recently by written notice. Any notice or other communication required or
permitted to be given hereunder shall be deemed effective (a) upon hand delivery
or delivery by facsimile, with accurate confirmation generated by the
transmitting facsimile machine, at the address or number designated below (if
delivered on a business day during normal business hours where such notice is to
be received), or the first business day following such delivery (if delivered
other than on a business day during normal business hours where such notice is
to be received) or (b) on the second business day following the date of mailing
by express courier service, fully prepaid, addressed to such address, or upon
actual receipt of such mailing, whichever shall first occur. The addresses for
such communications shall be: (i) if to the Company to: Tissera, Inc., 65 Yigal
Alon Street, Tel Aviv 67443, Israel, Attn: Dr. Vicki Rabenou, Chief Executive
Officer, telecopier: 011-972-3-5628155, with a copy by telecopier only to:
__________________, _____________________________________, telecopier:
___________, (ii) if to the Holder, to the address and telecopier number listed
on the first paragraph of this Warrant, with a copy by telecopier only to:
Grushko & Mittman, P.C., 551 Fifth Avenue, Suite 1601, New York, New York 10176,
telecopier number: (212) 697-3575, and (iii) if to Finder to: Burstein & Lindsay
Security Corp., c/o Mosi Kraus, 8003 Zurich, Switzerland, telecopier:
011-411-451-0946.

      15. Miscellaneous. This Warrant and any term hereof may be changed,
waived, discharged or terminated only by an instrument in writing signed by the
party against which enforcement of such change, waiver, discharge or termination
is sought. This Warrant shall be construed and enforced in accordance with and
governed by the laws of New York. Any dispute relating to this Warrant shall be
adjudicated in New York County in the State of New York. The headings in this
Warrant are for purposes of reference only, and shall not limit or otherwise
affect any of the terms hereof. The invalidity or unenforceability of any
provision hereof shall in no way affect the validity or enforceability of any
other provision.

                                       7
<PAGE>

      IN WITNESS WHEREOF, the Company has executed this Warrant as of the date
first written above.

                                   TISSERA, INC.

                                   By:
                                      -----------------------------------
                                      Name:
                                      Title:

Witness:

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

                                       8
<PAGE>

                                    EXHIBIT A

                              FORM OF SUBSCRIPTION
                   (to be signed only on exercise of Warrant)

TO:  TISSERA, INC.

The undersigned, pursuant to the provisions set forth in the attached Warrant
(No.____), hereby irrevocably elects to purchase (check applicable box):

___      ________ shares of the Common Stock covered by such Warrant; or

___ the maximum number of shares of Common Stock covered by such Warrant
pursuant to the cashless exercise procedure set forth in Section 2.

The undersigned herewith makes payment of the full purchase price for such
shares at the price per share provided for in such Warrant, which is
$___________. Such payment takes the form of (check applicable box or boxes):

___      $__________ in lawful money of the United States; and/or

___ the cancellation of such portion of the attached Warrant as is exercisable
for a total of _______ shares of Common Stock (using a Fair Market Value of
$_______ per share for purposes of this calculation); and/or

___ the cancellation of such number of shares of Common Stock as is necessary,
in accordance with the formula set forth in Section 2, to exercise this Warrant
with respect to the maximum number of shares of Common Stock purchasable
pursuant to the cashless exercise procedure set forth in Section 2.

The undersigned requests that the certificates for such shares be issued in the
name of, and delivered to

_____________________________________________________ whose address is

____________________________________________________________________________ .

The undersigned represents and warrants that all offers and sales by the
undersigned of the securities issuable upon exercise of the within Warrant shall
be made pursuant to registration of the Common Stock under the Securities Act of
1933, as amended (the "Securities Act"), or pursuant to an exemption from
registration under the Securities Act.

Dated:___________________

                                       -----------------------------------------
                                       (Signature must conform to name of holder
                                        as specified on the face of the Warrant)

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

                                       -----------------------------------------
                                       (Address)

                                       9
<PAGE>

                                    EXHIBIT B

                         FORM OF TRANSFEROR ENDORSEMENT
                   (To be signed only on transfer of Warrant)

      For value received, the undersigned hereby sells, assigns, and transfers
unto the person(s) named below under the heading "Transferees" the right
represented by the within Warrant to purchase the percentage and number of
shares of Common Stock of TISSERA, INC. to which the within Warrant relates
specified under the headings "Percentage Transferred" and "Number Transferred,"
respectively, opposite the name(s) of such person(s) and appoints each such
person Attorney to transfer its respective right on the books of TISSERA, INC.
with full power of substitution in the premises.

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

Transferees           Percentage Transferred         Number Transferred
-----------           ----------------------         ------------------

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

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

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

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

Dated:  ______________, ___________

                                       -----------------------------------------
                                       (Signature must conform to name of holder
                                        as specified on the face of the warrant)

Signed in the presence of:

-------------------------------        -----------------------------------------
         (Name)

                                       -----------------------------------------
                                       (address)

ACCEPTED AND AGREED:
                                       -----------------------------------------

[TRANSFEREE]
                                       -----------------------------------------
                                       (address)

-------------------------------
         (Name)EXHIBIT 4.1

                  BIB HOLDINGS, LTD. 2004 INCENTIVE STOCK PLAN
================================================================================

      THIS BIB  HOLDINGS,  LTD..  2004  INCENTIVE  STOCK  PLAN (the  "PLAN")  is
designed to retain directors,  executives and selected employees and consultants
and reward them for making  major  contributions  to the success of the Company.
These objectives are accomplished by making long-term incentive awards under the
Plan thereby providing  Participants  with a proprietary  interest in the growth
and performance of the Company.

1.    Definitions.

      (a)   "BOARD" - The Board of Directors of the Company.

      (b)   "CODE" - The Internal  Revenue Code of 1986, as amended from time to
            time.

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

      (d)   "COMPANY"  - BIB  HOLDINGS,  LTD.  and  its  subsidiaries  including
            subsidiaries of subsidiaries.

      (e)   "EXCHANGE  ACT" - The  Securities  Exchange Act of 1934,  as amended
            from time to time.

      (f)   "FAIR MARKET VALUE" - The fair market value of the Company's  issued
            and  outstanding  Stock as  determined in good faith by the Board or
            Committee.

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

      (h)   "GRANT   AGREEMENT"  -  An  agreement  between  the  Company  and  a
            Participant  that sets forth the terms,  conditions and  limitations
            applicable to a Grant.

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

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

<PAGE>

      (k)   "RESTRICTED STOCK PURCHASE OFFER" - A Grant of the right to purchase
            a  specified  number  of  shares  of  Stock  pursuant  to a  written
            agreement issued under the Plan.

      (l)   "SECURITIES  ACT" - The Securities Act of 1933, as amended from time
            to time.

      (m)   "STOCK" - Authorized  and issued or unissued  shares of common stock
            of the Company.

      (n)   "STOCK AWARD" - A Grant made under the Plan in stock or  denominated
            in units of stock for which the  Participant is not obligated to pay
            additional consideration.

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

3.    Eligibility.

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

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

                                      -2-
<PAGE>

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

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

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

4.    Stock.

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

      (b)   Number of Shares:  Subject to adjustment as provided in Section 5(i)
            of the  Plan,  the total  number  of  shares  of Stock  which may be
            purchased or granted directly by Options, Stock Awards or Restricted
            Stock Purchase Offers, or purchased  indirectly  through exercise of
            Options granted under the Plan shall not exceed Twelve Million, Five
            Hundred  Thousand  (12,500,000).  If any Grant  shall for any reason
            terminate  or expire,  any shares  allocated  thereto but  remaining
            unpurchased  upon such  expiration  or  termination  shall  again be
            available  for Grants with respect  thereto under the Plan as though
            no Grant had  previously  occurred with respect to such shares.  Any
            shares of Stock issued pursuant to a Grant and repurchased  pursuant
            to the terms  thereof shall be available for future Grants as though
            not previously covered by a Grant.

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

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

                                      -3-
<PAGE>

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

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

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

      (b)   Exercise Price:  Each Option shall state the exercise  price,  which
            shall be determined as follows:

            (i)   Any Incentive Stock Option granted to a person who at the time
                  the Option is granted  owns (or is deemed to own  pursuant  to
                  Section  424(d) of the Code)  stock  possessing  more than ten
                  percent (10%) of the total  combined  voting power or value of
                  all classes of stock of the  Company  ("TEN  PERCENT  HOLDER")
                  shall have an exercise  price of no less than 110% of the Fair
                  Market Value of the Stock as of the date of grant; and

            (ii)  Incentive  Stock  Options  granted to a person who at the time
                  the Option is granted is not a Ten Percent  Holder  shall have
                  an  exercise  price of no less  than  100% of the Fair  Market
                  Value of the Stock as of the date of grant.

                  For the purposes of this Section  5(b),  the Fair Market Value
            shall  be  as  determined   by  the  Board  in  good  faith,   which
            determination  shall be conclusive  and binding;  provided  however,
            that if there is a public  market for such  Stock,  the Fair  Market
            Value per share shall be the average of the bid and asked prices (or
            the  closing  price if such stock is listed on the  NASDAQ  National
            Market System or Small Cap Issue Market) on the date of grant of the
            Option, or if listed on a stock exchange,  the closing price on such
            exchange on such date of grant.

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

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

                                      -4-
<PAGE>

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

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

      (d)   Term and Exercise of Options:  Any Option  granted to an employee of
            the Company shall become exercisable over a period of no longer than
            five (5) years.  In no event shall any Option be  exercisable  after
            the expiration of ten (10) years from the date it is granted, and no
            Incentive Stock Option granted to a Ten Percent Holder shall, by its
            terms,  be  exercisable  after the expiration of five (5) years from
            the date of the Option.  Unless otherwise  specified by the Board or
            the Committee in the resolution authorizing such Option, the date of
            grant of an Option  shall be  deemed  to be the date upon  which the
            Board or the Committee authorizes the granting of such Option.

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

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

                                      -5-
<PAGE>

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

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

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

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

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

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

                                      -6-
<PAGE>

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

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

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

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

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

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

                                      -7-
<PAGE>

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

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

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

                                      -8-
<PAGE>

6.    Stock Awards and Restricted Stock Purchase Offers.

      (a)   Types of Grants.

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

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

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

                                      -9-
<PAGE>

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

            (i)   A Participant  shall not render services for any  organization
                  or engage directly or indirectly in any business which, in the
                  judgment  of the chief  executive  officer  of the  Company or
                  other senior officer designated by the Board or Committee,  is
                  or becomes competitive with the Company, or which organization
                  or business, or the rendering of services to such organization
                  or  business,  is or becomes  otherwise  prejudicial  to or in
                  conflict with the interests of the Company.  For  Participants
                  whose  employment  has  terminated,  the judgment of the chief
                  executive officer shall be based on the Participant's position
                  and  responsibilities  while  employed  by  the  Company,  the
                  Participant's  post-employment  responsibilities  and position
                  with the other  organization or business,  the extent of past,
                  current and  potential  competition  or  conflict  between the
                  Company and the other organization or business,  the effect on
                  the Company's  customers,  suppliers and  competitors and such
                  other   considerations   as  are  deemed  relevant  given  the
                  applicable  facts and  circumstances.  A  Participant  who has
                  retired shall be free,  however,  to purchase as an investment
                  or otherwise,  stock or other securities of such  organization
                  or  business  so long as they  are  listed  upon a  recognized
                  securities  exchange  or  traded  over-the-counter,  and  such
                  investment does not represent a substantial  investment to the
                  Participant  or  a  greater  than  ten  percent  (10%)  equity
                  interest in the organization or business.

            (ii)  A Participant  shall not, without prior written  authorization
                  from the Company,  disclose to anyone outside the Company,  or
                  use in other than the  Company's  business,  any  confidential
                  information   or  material,   as  defined  in  the   Company's
                  Proprietary  Information  and  Invention  Agreement or similar
                  agreement regarding confidential  information and intellectual
                  property, relating to the business of the Company, acquired by
                  the  Participant  either during or after  employment  with the
                  Company.

            (iii) A   Participant,   pursuant  to  the   Company's   Proprietary
                  Information and Invention  Agreement,  shall disclose promptly
                  and assign to the Company all right, title and interest in any
                  invention or idea, patentable or not, made or conceived by the
                  Participant during employment by the Company,  relating in any
                  manner to the  actual or  anticipated  business,  research  or
                  development   work  of  the  Company  and  shall  do  anything
                  reasonably  necessary to enable the Company to secure a patent
                  where   appropriate  in  the  United  States  and  in  foreign
                  countries.

            (iv)  Upon exercise,  payment or delivery  pursuant to a Grant,  the
                  Participant   shall  certify  on  a  form  acceptable  to  the
                  Committee  that he or she is in compliance  with the terms and
                  conditions  of the Plan.  Failure  to  comply  with all of the
                  provisions  of this  Section  6(c) prior to, or during the six
                  months after, any exercise,  payment or delivery pursuant to a
                  Grant  shall  cause such  exercise,  payment or delivery to be
                  rescinded. The Company shall notify the Participant in writing
                  of any such  rescission  within two years after such exercise,
                  payment or delivery.  Within ten days after  receiving  such a
                  notice  from the  Company,  the  Participant  shall pay to the
                  Company the amount of any gain realized or payment received as
                  a  result  of the  rescinded  exercise,  payment  or  delivery
                  pursuant to a Grant. Such payment shall be made either in cash
                  or by  returning  to the Company the number of shares of Stock
                  that the Participant received in connection with the rescinded
                  exercise, payment or delivery.

                                      -10-
<PAGE>

      (d)   Nonassignability.

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

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

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

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

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

                                      -11-
<PAGE>

            (iii) Death or Disability of a Participant.

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

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

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

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

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

                                      -12-
<PAGE>

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

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

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

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

                                      -13-
<PAGE>

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

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

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

14.   Effective and Termination  Dates.  The Plan shall become  effective on the
      date it is  approved  by the  holders of a majority of the shares of Stock
      then  outstanding.  The Plan shall  terminate ten years later,  subject to
      earlier termination by the Board pursuant to Section 8.

      The foregoing 2004 Incentive Stock Plan (consisting of 14 pages, including
this page) was duly  adopted and approved by the Board of Directors on April 13,
2004.

                                        BIB HOLDINGS, LTD.
                                        a Nevada corporation

                                        By: /s/Gail Binder
                                            ----------------------------------
                                             Gail Binder

                                        Its: Chief Executive Officer

                                      -14-

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