Document:

Exhibit 10.2

                                 LOAN AGREEMENT

THIS LOAN AGREEMENT (this "Agreement") dated this 17th day of September 2009

BETWEEN

                                   Jason Kropp
                                 (The "Lender")

                                                               OF THE FIRST PART

                                       AND

                             Krossobow Holding Corp.
                                (the "Borrower")

                                                              OF THE SECOND PART

IN CONSIDERATION OF the Lender loaning certain monies (the "Loan") to the
Borrower, and the Borrower repaying the Loan to the Lender, both parties agree
to keep, perform and fulfill the promises and conditions set out in this
Agreement.

Loan Amount & Interest

     a.   The Lender has loaned one thousand, seventy-nine ($1,079.00) USD to
          the Borrower and the Borrower promises to repay this principal amount
          to the lender. The loan is non-interest bearing and due upon demand.

     1.   Modification: Except as otherwise provided in this document, this
          agreement may be modified, superseded, or voided only upon the written
          and signed agreement from both the Lender and the Borrower. Further,
          the physical destruction or loss of this document shall not be
          construed as a modification or termination of the agreement contained
          herein.

     2.   Provincial Law: This Agreement shall be interpreted under, and
          governed by, the laws of the Province of Alberta.

IN WITNESS WHEREOF and acknowledging acceptance and agreement of the foregoing.
Borrower and Lender affix their signatures hereto

Borrower                                         Lender

/s/ Jason Kropp                                  /s/ Jason Kropp
-------------------------------                  -------------------------------
Krossbow Holding Corp.                           Jason Kropp
BY: Jason Kropp                                  Dated: September 17, 2009
Title: President
Dated: September 17, 2010Exhibit 10.1

                          PACIFIC BEPURE INDUSTRY INC.

                             2010 STOCK OPTION PLAN

     1.  Purposes  of the Plan.  The  purposes  of this Plan are to attract  and
retain  the best  available  personnel,  to  provide  additional  incentives  to
Employees, Directors and Consultants and to promote the success of the Company's
business.

     2. Definitions. The following definitions shall apply as used herein and in
the  individual  Share  Option  Agreements  except as  defined  otherwise  in an
individual Share Option Agreement.  In the event a term is separately defined in
an  individual  Share Option  Agreement,  such  definition  shall  supersede the
definition contained in this Section.

          (a) "Administrator" means the Board or any of the Committees appointed
to administer the Plan.

          (b)  "Affiliate" and  "Associate"  shall have the respective  meanings
ascribed to such terms in Rule 12b-2 promulgated under the Exchange Act.

          (c)  "Applicable  Laws" means the legal  requirements  relating to the
Plan and the Options under applicable provisions of the corporate and securities
laws of any  jurisdiction,  the Code, the rules of any applicable stock exchange
or national  market  system,  and the rules of any  jurisdiction  applicable  to
Option granted to residents therein.

          (d) "Board" means the Board of Directors of the Company.

          (e) "Change in Control"  means a change in ownership or control of the
Company effected through either of the following transactions:

               (i) the direct or indirect  acquisition  by any person or related
group of  persons  (other  than an  acquisition  from or by the  Company or by a
Company-sponsored  employee  benefit  plan  or  by a  person  that  directly  or
indirectly  controls,  is controlled  by, or is under common  control with,  the
Company)  of  beneficial  ownership  (within  the  meaning  of Rule 13d-3 of the
Exchange  Act) of  securities  possessing  more than fifty  percent (50%) of the
total combined voting power of the Company's outstanding  securities pursuant to
a tender or exchange offer made directly to the Company's  shareholders  which a
majority of the Continuing Directors who are not Affiliates or Associates of the
offeror do not recommend such shareholders accept, or

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                                                   By:_______________ Haiting Li

                                                      _______________Minghua Liu
<PAGE>

               (ii) a change in the  composition  of the Board  over a period of
thirty-six  (36)  months  or less  such that a  majority  of the  Board  members
(rounded up to the next whole number) ceases, by reason of one or more contested
elections  for  Board  membership,  to  be  comprised  of  individuals  who  are
Continuing Directors.

          (f) "Code" means the Internal Revenue Code of 1986, as amended.

          (g) "Committee"  means any committee  composed of members of the Board
appointed by the Board to administer the Plan.

          (h) "Common shares" means the voting common shares of the Company.

          (i)  "Company"   means  Pacific   Bepure   Industry  Inc.,  a  company
incorporated in Delaware.

          (j)  "Consultant"  means  any  person  (other  than an  Employee  or a
Director, solely with respect to rendering services in such person's capacity as
a  Director)  who is engaged  by the  Company  or any  Related  Entity to render
consulting or advisory services to the Company or such Related Entity.

          (k) "Continuing  Directors"  means members of the Board who either (i)
have been Board members  continuously  for a period of at least  thirty-six (36)
months or (ii) have been Board members for less than  thirty-six (36) months and
were elected or nominated  for election as Board  members by at least a majority
of the Board  members  described  in clause  (i) who were still in office at the
time such election or nomination was approved by the Board.

          (l)  "Continuous  Service" means that the provision of services to the
Company or a Related Entity in any capacity of Employee,  Director or Consultant
(collectively,   "Service  Provider")  is  not  interrupted  or  terminated.  In
jurisdictions  requiring  notice in advance of an  effective  termination  as an
Employee, Director or Consultant,  Continuous Service shall be deemed terminated
upon the actual  cessation  of  providing  services  to the Company or a Related
Entity  notwithstanding any required notice period that must be fulfilled before
a  termination  as an Employee,  Director or Consultant  can be effective  under
Applicable  Laws.  An  Optionee's  Continuous  Service  shall be  deemed to have
terminated either upon an actual  termination of Continuous  Service or upon the
entity for which the Optionee  provides services ceasing to be a Related Entity.
Continuous  Service shall not be considered  interrupted  in the case of (i) any

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                                                   By:_______________ Haiting Li

                                                      _______________Minghua Liu
<PAGE>
approved leave of absence, (ii) transfers among the Company, any Related Entity,
or any successor, in any capacity of Employee,  Director or Consultant, or (iii)
any change in status as long as the  individual  remains  in the  service of the
Company or a Related Entity in any capacity of Employee,  Director or Consultant
(except as otherwise  provided in the Option  Agreement).  An approved  leave of
absence  shall  include  sick leave,  military  leave,  or any other  authorized
personal  leave.  For purposes of each Incentive  Share Option granted under the
Plan, if such leave exceeds ninety (90) days, and  reemployment  upon expiration
of such leave is not guaranteed by statute or contract, then the Incentive Share
Option  shall be treated as a  Non-Qualified  Share  Option on the day three (3)
months and one (1) day following the expiration of such ninety (90) day period.

          (m) "Corporate  Transaction" means any of the following  transactions,
provided,  however,  that the Administrator shall determine under parts (iv) and
(v) whether multiple  transactions are related,  and its determination  shall be
final, binding and conclusive:

               (i) a merger or  consolidation  in which the  Company  is not the
surviving entity,  except for a transaction the principal purpose of which is to
change the jurisdiction in which the Company is incorporated;

               (ii)  the  sale,   transfer  or  other   disposition  of  all  or
substantially all of the assets of the Company;

               (iii) the complete liquidation or dissolution of the Company;

               (iv)  any  reverse  merger  or  series  of  related  transactions
culminating in a reverse merger  (including,  but not limited to, a tender offer
followed by a reverse  merger) in which the Company is the surviving  entity but
(A) the Common shares outstanding immediately prior to such merger are converted
or exchanged by virtue of the merger into other property, whether in the form of
securities,  cash or otherwise,  or (B) in which securities possessing more than
forty  percent  (40%)  of the  total  combined  voting  power  of the  Company's
outstanding  securities are  transferred  to a person or persons  different from
those who held such securities  immediately  prior to such merger or the initial
transaction  culminating in such merger,  but excluding any such  transaction or
series of related transactions that the Administrator  determines shall not be a
Corporate Transaction; or

                                       3
                                                   By:_______________ Haiting Li

                                                      _______________Minghua Liu
<PAGE>
               (v) acquisition in a single or series of related  transactions by
any  person  or  related  group  of  persons  (other  than the  Company  or by a
Company-sponsored  employee  benefit plan) of beneficial  ownership  (within the
meaning of Rule 13d-3 of the Exchange  Act) of securities  possessing  more than
fifty  percent  (50%)  of the  total  combined  voting  power  of the  Company's
outstanding  securities but excluding any such  transaction or series of related
transactions  that  the  Administrator  determines  shall  not  be  a  Corporate
Transaction.

          (n)  "Director"  means a member of the Board or the board of directors
of any Related Entity.

          (o)  "Disability"  means as  defined  under the  long-term  disability
policy of the  Company  or the  Related  Entity to which the  Optionee  provides
services  regardless  of whether the Optionee is covered by such policy.  If the
Company or the Related  Entity to which the Optionee  provides  service does not
have a long-term  disability plan in place,  "Disability" means that an Optionee
is unable to carry out the  responsibilities  and functions of the position held
by the  Optionee  by reason of any  medically  determinable  physical  or mental
impairment  for a period of not less  than  ninety  (90)  consecutive  days.  An
Optionee will not be  considered to have incurred a Disability  unless he or she
furnishes proof of such impairment  sufficient to satisfy the  Administrator  in
its discretion.

          (p) "Employee" means any person, including an Officer or Director, who
is in the  employment  of the  Company  or any  Related  Entity,  subject to the
control and  direction of the Company or any Related  Entity as to both the work
to be  performed  and the  manner and method of  performance.  The  payment of a
director's  fee by the Company or a Related  Entity shall not be  sufficient  to
constitute "employment" by the Company.

          (q)  "Exchange  Act" means the  Securities  Exchange  Act of 1934,  as
amended.

          (r) "Fair Market  Value"  means,  as of any date,  the value of Common
shares determined as follows:

               (i) If the Common  shares  are listed on one or more  established
stock  exchanges or national market systems,  including  without  limitation the
American Stock Exchange or The Nasdaq Global Market, its Fair Market Value shall
be the closing sales price for such shares (or the closing bid, if no sales were
reported)  as quoted on the  principal  exchange  or system on which the  Common
shares  are  listed  (as  determined  by  the  Administrator)  on  the  date  of
determination (or, if no closing sales price or closing bid was reported on that

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                                                   By:_______________ Haiting Li

                                                      _______________Minghua Liu
<PAGE>
date,  as  applicable,  on the last  trading  date such  closing  sales price or
closing bid was reported),  as reported in The Wall Street Journal or such other
source as the Administrator deems reliable;

               (ii) If the Common  shares are  regularly  quoted on an automated
quotation  system  (including  the  OTC  Bulletin  Board)  or  by  a  recognized
securities  dealer,  its Fair Market Value shall be the closing  sales price for
such  shares  as  quoted on such  system  on the date of  determination,  but if
selling  prices are not  reported,  the Fair Market  Value of the Common  shares
shall be the mean  between  the high bid and low  asked  prices  for the  Common
shares on the date of determination (or, if no such prices were reported on that
date,  on the last date such  prices  were  reported),  as  reported in The Wall
Street Journal or such other source as the Administrator deems reliable; or

               (iii) In the  absence  of an  established  market  for the Common
shares of the type  described  in (i) and (ii),  above,  the Fair  Market  Value
thereof shall be determined by the Administrator in good faith.

          (s) "Incentive Share Option" means an Option intended to qualify as an
incentive stock option within the meaning of Section 422 of the Code.

          (t)  "Non-Qualified  Share  Option"  means an Option not  intended  to
qualify as an Incentive Stock Option.

          (u)  "Officer"  means a person who is an  officer of the  Company or a
Related  Entity  within the  meaning of Section 16 of the  Exchange  Act and the
rules and regulations promulgated thereunder.

          (v) "Option" means an option to purchase  Shares pursuant to an Option
Agreement granted under the Plan.

          (w) "Option  Agreement"  means the written  agreement  evidencing  the
grant of an Option  executed  by the  Company and the  Optionee,  including  any
amendments thereto.

          (x) "Optionee" means an Employee,  Director or Consultant who receives
an Option under the Plan.

          (y) "Plan" means this 2010 Stock Option Plan.

          (z) "Related Entity" means any Parent or Subsidiary of the Company and
any  business,  corporation,  partnership,  limited  liability  company or other
entity in which the Company or a Parent or a Subsidiary  of the Company  holds a
substantial ownership interest, directly or indirectly.

                                       5
                                                   By:_______________ Haiting Li

                                                      _______________Minghua Liu
<PAGE>
          (aa)"Replaced"  means that  pursuant  to a Corporate  Transaction  the
Option is replaced with a comparable  share or stock Option or a cash  incentive
program of the Company, the successor entity (if applicable) or Parent of either
of them which preserves the compensation  element of such Option existing at the
time  of the  Corporate  Transaction  and  provides  for  subsequent  payout  in
accordance with the same (or a more favorable)  vesting  schedule  applicable to
such Option.  The  determination  of Option  comparability  shall be made by the
Administrator and its determination shall be final, binding and conclusive.

          (bb) "Share" means Common shares of the Company.

          (cc)"Subsidiary"  means a  "subsidiary  corporation",  whether  now or
hereafter existing, as defined in Section 424(f) of the Code.

     3. Shares Subject to the Plan.

          (a)  Subject  to the  provisions  of  Section 0,  below,  the  maximum
aggregate  number of Shares  which may be issued  pursuant  to  Incentive  Share
Options is 560,000 Shares.

          (b) Any Shares covered by an Option (or portion of an Option) which is
forfeited,  canceled or expires (whether  voluntarily or involuntarily) shall be
deemed not to have been issued for purposes of determining the maximum aggregate
number of Shares which may be issued under the Plan.  Shares that  actually have
been issued  under the Plan  pursuant to an Option  shall not be returned to the
Plan and shall not become  available for future issuance under the Plan,  except
that if unvested  Shares are  forfeited,  or  repurchased  by the Company at the
lower of their original purchase price or their Fair Market Value at the time of
repurchase,  such Shares shall become available for future grant under the Plan.
To the extent not prohibited by the listing  requirements  of the American Stock
Exchange,  The Nasdaq  Global  Market (or other  established  stock  exchange or
national  market  system on which the Common  shares are traded) and  Applicable
Law, any Shares covered by an Option which are surrendered (i) in payment of the
Option  exercise or purchase price or (ii) in  satisfaction  of tax  withholding
obligations  incident to the  exercise of an Option  shall be deemed not to have
been issued for purposes of  determining  the maximum number of Shares which may
be issued pursuant to all Options under the Plan, unless otherwise determined by
the Administrator.

                                       6
                                                   By:_______________ Haiting Li

                                                      _______________Minghua Liu

<PAGE>
     4. Administration of the Plan.

          (a) Plan Administrator.

               (i) Administration  with Respect to Directors and Officers.  With
respect to grants of Options to Directors or Employees  who are also Officers or
Directors of the Company, the Plan shall be administered by (A) the Board or (B)
a Committee  designated by the Board,  which  Committee  shall be constituted in
such a manner as to satisfy the Applicable Laws. Once appointed,  such Committee
shall continue to serve in its designated  capacity until otherwise  directed by
the Board.

               (ii)   Administration  With  Respect  to  Consultants  and  Other
Employees. With respect to grants of Options to Employees or Consultants who are
neither Directors nor Officers of the Company, the Plan shall be administered by
(A) the Board or (B) a Committee  designated by the Board, which Committee shall
be  constituted  in such a  manner  as to  satisfy  the  Applicable  Laws.  Once
appointed,  such Committee  shall  continue to serve in its designated  capacity
until  otherwise  directed  by the Board.  The Board may  authorize  one or more
Officers  to grant  such  Options  and may  limit  such  authority  as the Board
determines from time to time.

               (iii) Administration Errors. In the event an Option is granted in
a manner  inconsistent  with the provisions of this  subsection (a), such Option
shall be presumptively valid as of its grant date to the extent permitted by the
Applicable Laws.

          (b) Powers of the  Administrator.  Subject to Applicable  Laws and the
provisions of the Plan  (including  any other powers given to the  Administrator
hereunder),  and except as otherwise  provided by the Board,  the  Administrator
shall have the authority, in its discretion:

               (i) to select the  Employees,  Directors and  Consultants to whom
Options may be granted;

               (ii) to determine  whether and to what extent Options are granted
hereunder;

               (iii) to  determine  the  number of Shares or the amount of other
consideration to be covered by each Option granted hereunder;

               (iv) to  approve  forms of  Option  Agreements  for use under the
Plan;

               (v) to determine the terms and  conditions of any Option  granted
hereunder;

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                                                   By:_______________ Haiting Li

                                                      _______________Minghua Liu
<PAGE>
               (vi) to amend the terms of any  outstanding  Option granted under
the Plan,  provided  that (A) any  amendment  that  would  adversely  affect the
Optionee's  rights  under an  outstanding  Option  shall not be made without the
Optionee's  written  consent,  (B) the  reduction of the  exercise  price of any
Option Optioned under the Plan shall be subject to shareholder  approval and (C)
canceling  an Option at a time when its exercise  price  exceeds the Fair Market
Value of the underlying  Shares, in exchange for another Option shall be subject
to  stockholder  approval,  unless  the  cancellation  and  exchange  occurs  in
connection  with  a  Corporate   Transaction.   Notwithstanding  the  foregoing,
canceling  an Option in  exchange  for another  Option  with an exercise  price,
purchase  price  that is equal to or  greater  than  the  exercise  price of the
original Option shall not be subject to shareholder approval;

               (vii)  to  construe  and  interpret  the  terms  of the  Plan and
Options, including without limitation, any notice of Option or Option Agreement,
granted pursuant to the Plan;

               (viii) to take such other action, not inconsistent with the terms
of the Plan, as the Administrator deems appropriate.

          (c)   Indemnification.   In   addition   to  such   other   rights  of
indemnification  as they may have as  members  of the  Board or as  Officers  or
Employees  of the  Company  or a Related  Entity,  members  of the Board and any
Officers or  Employees of the Company or a Related  Entity to whom  authority to
act for the  Board,  the  Administrator  or the  Company is  delegated  shall be
defended  and  indemnified  by the Company to the extent  permitted by law on an
after-tax  basis against all reasonable  expenses,  including  attorneys'  fees,
actually and  necessarily  incurred in connection with the defense of any claim,
investigation,  action,  suit or  proceeding,  or in connection  with any appeal
therein,  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 Option
granted  hereunder,  and against all amounts paid by them in settlement  thereof
(provided  such  settlement  is  approved  by the  Company)  or  paid by them in
satisfaction  of a judgment in any such claim,  investigation,  action,  suit or

                                       8
                                                   By:_______________ Haiting Li

                                                      _______________Minghua Liu
<PAGE>
proceeding,  except in  relation  to matters as to which it shall be adjudged in
such claim, investigation, action, suit or proceeding that such person is liable
for gross negligence,  bad faith or intentional misconduct;  provided,  however,
that within thirty (30) days after the institution of such claim, investigation,
action, suit or proceeding,  such person shall offer to the Company, in writing,
the opportunity at the Company's expense to defend the same.

     5.  Eligibility.  The Optionees shall be such persons as the  Administrator
may select from among the Employee and  Consultants,  provided that  Consultants
are not eligible to receive Incentive Share Options.

     6. Terms and Conditions of Options.

          (a)  Designation  of Option.  Each Option shall be  designated  in the
Option  Agreement.  The Option shall be designated as either an Incentive  Share
Option  or  a  Non-Qualified  Share  Option.   However,   notwithstanding   such
designation,  to the  extent  that the  aggregate  Fair  Market  Value of Shares
subject  to  Options   designated  as  Incentive   Share  Options  which  become
exercisable  for the first time by an Optionee  during any calendar  year (under
all plans of the Company or any Parent or  Subsidiary  of the  Company)  exceeds
$100,000,  such excess  Options,  to the extent of the Shares covered thereby in
excess of the  foregoing  limitation,  shall be treated as  Non-Qualified  Share
Options.  For this purpose,  Incentive Share Options shall be taken into account
in the order in which they were granted, and the Fair Market Value of the Shares
shall be determined as of the grant date of the relevant Option.

          (b)  Conditions  of  Option.  Subject  to the terms of the  Plan,  the
Administrator  shall  determine the  provisions,  terms,  and conditions of each
Option including,  but not limited to, the Option vesting  schedule,  repurchase
provisions,  rights of first  refusal,  forfeiture  provisions,  form of payment
(cash,  Shares, or other  consideration) upon settlement of the Option,  payment
contingencies.

          (c) Deferral of Option Payment. The Administrator may establish one or
more programs  under the Plan to permit  selected  Optionees the  opportunity to
elect to defer receipt of  consideration  upon  exercise of an Option,  or other
event that absent the election  would entitle the Optionee to payment or receipt
of  Shares  or  other  consideration  under an  Option.  The  Administrator  may
establish the election procedures,  the timing of such elections, the mechanisms
for payments of, and accrual of interest or other earnings,  if any, on amounts,
Shares or other  consideration  so deferred,  and such other terms,  conditions,
rules  and  procedures   that  the   Administrator   deems   advisable  for  the
administration of any such deferral program.

                                       9
                                                   By:_______________ Haiting Li

                                                      _______________Minghua Liu
<PAGE>
          (d) Early Exercise.  The Option Agreement may, but need not, include a
provision whereby the Optionee may elect at any time while an Employee, Director
or Consultant to exercise any part or all of the Option prior to full vesting of
the Option.  Any  unvested  Shares  received  pursuant to such  exercise  may be
subject to a repurchase  right in favor of the Company or a Related Entity or to
any other restriction the Administrator determines to be appropriate.

          (e) Term of Option.  The term of each Option  shall be the term stated
in the Option Agreement,  provided, however, that the term of an Incentive Share
Option shall be no more than three (3) years from the date of grant thereof.

          (f)  Transferability  of Options.  Incentive  Share Options may not be
sold, pledged, assigned, hypothecated, transferred, or disposed of in any manner
other  than  by  will  or by the  laws of  descent  or  distribution  and may be
exercised,  during the lifetime of the  Optionee,  only by the  Optionee.  Other
Options  shall  be  transferable  (i) by will  and by the  laws of  descent  and
distribution and (ii) during the lifetime of the Optionee,  to the extent and in
the manner authorized by the Administrator.  Notwithstanding the foregoing,  the
Optionee may designate one or more beneficiaries of the Optionee's Option in the
event of the Optionee's death on a beneficiary  designation form provided by the
Administrator.

          (g) Termination of Employment Other than by Death or Disability.

               (i) If an Optionee  ceases to be an Employee for any reason other
than his or her death or disability,  the Optionee shall have the right, subject
to the provisions of this Section 6, to exercise any option held by the Optionee
at any time within ninety (90) days after his or her  termination of employment,
but not  beyond  the  otherwise  applicable  term of the  Option and only to the
extent that on such date of termination  of employment  the Optionee's  right to
exercise such Option had vested.

               (ii)  For  purposes  of  this  Section   6(g),   the   employment
relationship  shall be treated as  continuing  intact  while the  Optionee is an
active employee of the Company or any Affiliate,  or is on military leave,  sick
leave,  or  other  bona  fide  leave of  absence  to be  determined  in the sole
discretion of the Administrator. The preceding sentence notwithstanding,  in the
case of an Incentive  Share option,  employment  shall be deemed to terminate on
the  date  the  optionee  ceases  active  employment  with  the  Company  or any
Affiliate,  unless the Optionee's  reemployment rights are guaranteed by statute
or contract.

                                       10
                                                   By:_______________ Haiting Li

                                                      _______________Minghua Liu
<PAGE>
          (h) Death of Optionee.

If an Optionee  dies while an Employee,  or after  ceasing to be an Employee but
during the period while he or she could have  exercised an Option under  Section
6(h), any Option granted to the Optionee may be exercised,  to the extent it had
vested at the time of death and subject to the Plan,  at any time within  twelve
(12) months after the Optionee's  death, by the executors or  administrators  of
his or her estate or by any person or persons  who acquire the option by will or
the laws of descent and  distribution,  but not beyond the otherwise  applicable
term of the Option.

          (i) Disability of Optionee.

If an Optionee ceases to be an Employee due to becoming  totally and permanently
disabled within the meaning of Section  22(e)(3) of the Code, any Option granted
to the  Optionee  may be  exercised  to the  extent it had vested at the time of
cessation and,  subject to the Plan, at any time within twelve (12) months after
the  Optionee's  termination  of  employment,   but  not  beyond  the  otherwise
applicable term of the option.

          (j) Time of Granting Options. The date of grant of an Option shall for
all purposes be the date on which the  Administrator  makes the determination to
grant such Option, or such other date as is determined by the Administrator.

     7. Option Exercise or Purchase Price, Consideration and Taxes.

          (a) Exercise or Purchase  Price.  The exercise or purchase price shall
be  determined  by the  Administrator,  but if any,  for an  Option  shall be as
follows:

               (i) in the  case of an  Incentive  Share  Option:  the per  Share
exercise  price  shall be not less than one hundred  percent  (100%) of the Fair
Market Value per Share on the date of grant;

               (ii) in the case of a Non-Qualified  Share Option,  the per Share
exercise  price  shall be not less than  eighty-five  percent  (85%) of the Fair
Market Value per Share on the date of grant .

          (b) Consideration. Subject to Applicable Laws, the consideration to be
paid for the  Shares  to be  issued  upon  exercise  or  purchase  of an  Option
including the method of payment,  shall be determined by the Administrator (and,
in the case of an Incentive  Share  Option,  shall be  determined at the time of
grant).  In addition to any other types of consideration  the  Administrator may

                                       11
                                                   By:_______________ Haiting Li

                                                      _______________Minghua Liu
<PAGE>
determine, the Administrator is authorized to accept as consideration for Shares
issued under the Plan the following:

               (i) cash;

               (ii) check;

               (iii) with respect to Options,  payment  through a  broker-dealer
sale and remittance  procedure  pursuant to which the Optionee (A) shall provide
written  instructions  to a Company  designated  brokerage  firm to  effect  the
immediate  sale of some or all of the purchased  Shares and remit to the Company
sufficient funds to cover the aggregate exercise price payable for the purchased
Shares and (B) shall  provide  written  directives to the Company to deliver the
certificates  for the purchased  Shares directly to such brokerage firm in order
to complete the sale transaction; or

               (iv) any combination of the foregoing methods of payment.

          (c) Taxes. No Shares shall be delivered under the Plan to any Optionee
or other  person  until such  Optionee  or other  person  has made  arrangements
acceptable to the Administrator for the satisfaction of any national, provincial
or local income and employment tax withholding obligations,  including,  without
limitation,  obligations  incident to the receipt of Shares or the disqualifying
disposition of Shares  received on exercise of an Incentive  Share Option.  Upon
exercise of an Option the Company  shall  withhold or collect  from  Optionee an
amount sufficient to satisfy such tax obligations.

     8. Exercise of Option.

          (a) Procedure for Exercise; Rights as a Shareholder.

               (i) Any Option  granted  hereunder  shall be  exercisable at such
times and under such  conditions as determined  by the  Administrator  under the
terms of the Plan and specified in the Option Agreement.

               (ii) 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  Option by the  person  entitled  to  exercise  the Option and full
payment for the Shares with respect to which the Option is exercised, including,
to the extent selected,  use of the broker-dealer sale and remittance  procedure
to pay the purchase price as provided in Section 7(b)(iii).

                                       12
                                                   By:_______________ Haiting Li

                                                      _______________Minghua Liu
<PAGE>
     9. Conditions Upon Issuance of Shares.

          (a) Shares  shall not be issued  pursuant to the exercise of an Option
unless the  exercise of such Option and the issuance and delivery of such Shares
pursuant  thereto shall comply with all  Applicable  Laws,  and shall be further
subject  to the  approval  of  counsel  for the  Company  with  respect  to such
compliance.

          (b) As a  condition  to the  exercise  of an Option,  the  Company may
require the person  exercising  such Option to represent and warrant at the time
of any such exercise that the Shares are being purchased only for investment and
without  any  present  intention  to sell or  distribute  such Shares if, in the
opinion of counsel for the  Company,  such a  representation  is required by any
Applicable Laws.

     10. Adjustments Upon Changes in Capitalization.

Subject to any required action by the shareholders of the Company, the number of
Shares covered by each outstanding  Option,  and the number of Shares which have
been  authorized for issuance under the Plan but as to which no Options have yet
been granted or which have been  returned to the Plan,  the exercise or purchase
price of each such outstanding Option, the maximum number of Shares with respect
to which  Options  may be granted  to any  Optionee  in any  fiscal  year of the
Company,  as well as any other terms that the Administrator  determines  require
adjustment shall be proportionately adjusted for (i) any increase or decrease in
the number of issued Shares  resulting from a share split,  reverse share split,
share  dividend,  combination  or  reclassification  of the  Shares,  or similar
transaction  affecting  the Shares,  (ii) any other  increase or decrease in the
number of  issued  Shares  effected  without  receipt  of  consideration  by the
Company,  or (iii) as the  Administrator  may determine in its  discretion,  any
other  transaction with respect to Common shares  including a corporate  merger,
consolidation,  acquisition  of  property  or equity,  separation  (including  a
spin-off  or  other   distribution  of  shares  or  property),   reorganization,
liquidation (whether partial or complete) or any similar transaction;  provided,
however that conversion of any  convertible  securities of the Company shall not
be  deemed  to have been  "effected  without  receipt  of  consideration."  Such
adjustment shall be made by the  Administrator  and its  determination  shall be
final,  binding  and  conclusive.  Except as the  Administrator  determines,  no

                                       13
                                                   By:_______________ Haiting Li

                                                      _______________Minghua Liu
<PAGE>
issuance by the Company of shares of any class, or securities  convertible  into
shares of any class,  shall affect,  and no adjustment by reason hereof shall be
made with respect to, the number or price of Shares subject to an Option. In the
event of a Spin-off  Transaction,  the  Administrator may in its discretion make
such adjustments and take such other action as it deems appropriate with respect
to  outstanding  Options  under the Plan,  including  but not  limited  to:  (i)
adjustments to the number and kind of shares, the exercise or purchase price per
share and the vesting periods of outstanding Options, (ii) prohibit the exercise
of Options  during  certain  periods of time  prior to the  consummation  of the
Spin-off Transaction, or (iii) the substitution, exchange or grant of Options to
purchase securities of the Subsidiary; provided that the Administrator shall not
be obligated to make any such adjustments or take any such action hereunder.

     11. Corporate Transactions and Changes in Control.

          (a)   Termination  of  Option  to  Extent  Not  Assumed  in  Corporate
Transaction.  Effective upon the  consummation of a Corporate  Transaction,  all
outstanding  Options under the Plan shall terminate.  However,  all such Options
shall not  terminate  to the  extent  they are  Assumed in  connection  with the
Corporate Transaction.

          (b)  Acceleration  of Option Upon  Corporate  Transaction or Change in
Control.

               (i) Corporate  Transaction.  The Administrator may determine,  in
the event of a  Corporate  Transaction,  for the  portion of each Option that is
neither  Assumed nor  Replaced,  such portion of the Option shall  automatically
become fully  vested and  exercisable  and be released  from any  repurchase  or
forfeiture  rights  (other than  repurchase  rights  exercisable  at Fair Market
Value) for all of the Shares (or other consideration) at the time represented by
such portion of the Option, immediately prior to the specified effective date of
such Corporate Transaction,  provided that the Optionee's Continuous Service has
not terminated prior to such date.

               (ii) Change in Control.  The Administrator may determine,  in the
event of a Change in Control  (other  than a Change in  Control  which also is a
Corporate  Transaction),  each Option which is at the time outstanding under the
Plan  automatically  shall become fully vested and  exercisable  and be released
from  any  repurchase  or  forfeiture   rights  (other  than  repurchase  rights
exercisable at Fair Market Value),  immediately prior to the specified effective

                                       14
                                                   By:_______________ Haiting Li

                                                      _______________Minghua Liu
<PAGE>
date of such Change in Control,  for all of the Shares (or other  consideration)
at the time represented by such Option,  provided that the Optionee's Continuous
Service has not terminated prior to such date.

          (c) Effect of Acceleration  on Incentive Stock Options.  Any Incentive
Stock Option  accelerated  under this Section 11 in connection  with a Corporate
Transaction or Change in Control shall remain  exercisable as an Incentive Stock
Option  under the Code only to the  extent the  $100,000  dollar  limitation  of
Section 422(d) of the Code is not exceeded.

     12.  Effective Date and Term of Plan. The Plan shall become  effective upon
the  earlier  to occur of its  adoption  by the  Board  or its  approval  by the
shareholders of the Company.  It shall continue in effect for a term of five (5)
years unless  sooner  terminated.  Subject to Section 0, below,  and  Applicable
Laws, Options may be granted under the Plan upon its becoming effective.

     13. Amendment, Suspension or Termination of the Plan.

          (a) The Board may at any time amend,  suspend or  terminate  the Plan;
provided,  however, that no such amendment shall be made without the approval of
the Company's shareholders to the extent such approval is required by Applicable
Laws, or if such  amendment  would change any of the provisions of Section 3(a),
Section 4(b)(vi) or this Section 13(a).

          (b) No Option may be  granted  during  any  suspension  of the Plan or
after termination of the Plan.

          (c) No suspension or termination of the Plan (including termination of
the Plan under  Section  12,  above)  shall  adversely  affect any rights  under
Options already granted to an Optionee.

     14. Reservation of Shares.

          (a) The  Company,  during  the  term of the  Plan,  will at all  times
reserve  and keep  available  such  number of Shares as shall be  sufficient  to
satisfy the requirements of the Plan.

          (b)  The  inability  of the  Company  to  obtain  authority  from  any
regulatory body having jurisdiction,  which authority is deemed by the Company's
counsel to be necessary to the lawful issuance and sale of any Shares hereunder,
shall relieve the Company of any liability in respect of the failure to issue or
sell  such  Shares  as to which  such  requisite  authority  shall not have been
obtained.

                                       15
                                                   By:_______________ Haiting Li

                                                      _______________Minghua Liu
<PAGE>
     15.  No  Effect on Terms of  Employment/Consulting  Relationship.  The Plan
shall not confer  upon any  Optionee  any right with  respect to the  Optionee's
Continuous  Service,  nor shall it interfere in any way with his or her right or
the right of the  Company or any  Related  Entity to  terminate  the  Optionee's
Continuous  Service  at any time,  with or  without  Cause,  and with or without
notice.  The  ability of the  Company or any  Related  Entity to  terminate  the
employment  of an Optionee  who is employed at will is in no way affected by its
determination  that the Optionee's  Continuous  Service has been  terminated for
Cause for the purposes of this Plan.

     16. No Effect on Retirement and Other Benefit Plans. Except as specifically
provided  in a  retirement  or other  benefit  plan of the  Company or a Related
Entity,  Options  shall not be deemed  compensation  for  purposes of  computing
benefits or contributions  under any retirement plan of the Company or a Related
Entity,  and shall not affect any benefits  under any other  benefit plan of any
kind or any benefit plan subsequently instituted under which the availability or
amount  of  benefits  is  related  to level of  compensation.  The Plan is not a
"Retirement  Plan" or  "Welfare  Plan"  under  the  Employee  Retirement  Income
Security Act of 1974, as amended.

     17.  Shareholder  Approval.  The grant of Incentive Share Options under the
Plan shall be subject to approval  by the  shareholders  of the  Company  within
twelve (12) months after the date the Plan is adopted. Such shareholder approval
shall be obtained in the degree and manner required under  Applicable  Laws. The
Administrator may grant Incentive Share Options under the Plan prior to approval
by the  shareholders,  but until such  approval is obtained,  no such  Incentive
Share Option shall be exercisable. In the event that shareholder approval is not
obtained within the twelve (12) month period provided above, all Incentive Share
Options  previously granted under the Plan shall be exercisable as Non-Qualified
Share Options.

     18.  Unfunded  Obligation.  Optionees  shall  have the  status  of  general
unsecured creditors of the Company. Any amounts payable to Optionees pursuant to
the  Plan  shall  be  unfunded  and  unsecured  obligations  for  all  purposes,
including,  without  limitation,  Title  I of  the  Employee  Retirement  Income
Security  Act of 1974,  as amended.  Neither the Company nor any Related  Entity
shall be required to segregate any monies from its general  funds,  or to create

                                       16
                                                   By:_______________ Haiting Li

                                                      _______________Minghua Liu
<PAGE>
any trusts,  or establish any special accounts with respect to such obligations.
The Company shall retain at all times  beneficial  ownership of any investments,
including trust  investments,  which the Company may make to fulfill its payment
obligations  hereunder.  Any  investments  or the creation or maintenance of any
trust  or any  Optionee  account  shall  not  create  or  constitute  a trust or
fiduciary  relationship  between the  Administrator,  the Company or any Related
Entity and an Optionee, or otherwise create any vested or beneficial interest in
any  Optionee  or the  Optionee's  creditors  in any assets of the  Company or a
Related  Entity.  The  Optionees  shall have no claim against the Company or any
Related  Entity for any  changes in the value of any assets that may be invested
or reinvested by the Company with respect to the Plan.

     19. Construction.  Captions and titles contained herein are for convenience
only and shall not affect the meaning or  interpretation of any provision of the
Plan. Except when otherwise indicated by the context, the singular shall include
the plural and the plural shall  include the  singular.  Use of the term "or" is
not intended to be exclusive, unless the context clearly requires otherwise.

     20.  Information  to Optionees.  Each Optionee  shall be provided with such
information  regarding  the Company as the Board or the  Committee  from time to
time deems necessary or appropriate; provided, however, that each Optionee shall
at all times be  provided  with such  information  as is required to be provided
from time to time pursuant to applicable regulatory requirements, including, but
not limited to, any  applicable  requirements  of the  Securities  and  Exchange
Commission,  the Delaware  Department of Corporations and other state securities
agencies.

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                                       17
                                                   By:_______________ Haiting Li

                                                      _______________Minghua Liu

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