Document:

EXHIBIT 10.6
                                                                    ------------

                               SECURITY AGREEMENT

     THIS SECURITY AGREEMENT (the "Agreement") dated as of the 15th day of
December 2005, between Greystone Logistics, Inc., ("Greystone") an Oklahoma
corporation and Greystone Manufacturing, L.L.C., an Oklahoma limited liability
company (collectively the ("Borrower," which term shall be construed to include
its successors-in-interest and assigns), and Warren F. Kruger, an individual
("Creditor," which term shall be construed to include his successors-in-interest
and assigns).

                                    RECITALS

     A. Borrower jointly and severally shall be in the future indebted to
Creditor under an open account and/or a promissory note in the amount of FIVE
HUNDRED TWENTY SEVEN THOUSAND SEVEN HUNDRED SIXTEEN DOLLARS AND NO/100
($527,716) dated the 15th day of December 2005 (the "Note").

     B. All present and future obligations of Borrower to Creditor are to be
secured by a security interest in favor of Creditor in the "Collateral" as such
term is defined in Section 3 of this Agreement.

     C. The security interest granted in this Agreement is intended to be
subordinate to the security interest in the Collateral granted by Borrower in
favor of F&M Bank and Trust Company of Tulsa, Oklahoma ("Bank").

     D. The purpose of this Agreement is to evidence the security interest
granted Creditor in the Collateral.

     NOW, THEREFORE, in consideration of the premises and of the mutual
covenants herein contained and for other good and valuable consideration, the
receipt of which is hereby acknowledged, the parties hereto agree as follows:

     1.   Defined Terms.

          (a)  The following terms shall have the following meanings, (such
               terms to be equally applicable to both singular and plural forms
               of the terms defined):

               (i)     "Code" shall mean the Uniform Commercial Code as the same
                       may from time to time be in effect in the State of
                       Oklahoma.

               (ii)    "Collateral" shall have the meaning set forth in Section
                       3 of this Agreement.

               (iii)   "Event of Default" shall mean any default in the timely
                       payment or performance by Buyer of any of Borrower's
                       Obligations (as defined in Section 2 hereof) to Creditor.
<PAGE>

          (b)  The following terms shall have the meanings set forth in the Code
               (such terms to be equally applicable to both singular and plural
               forms of the terms defined): (i) "Accounts," (ii) "Chattel
               Payer," (iii) "Document," (iv) "Equipment," (v) "Fixtures," (vi)
               "General Intangible," (vii) "Inventory," (viii) "Investment
               Property," (ix) "Instrument" (x) "Goods" and (xi) "Proceeds."

     2.   Obligations Secured by the Agreement. The security interest herein
granted is given to secure all indebtedness of Borrower to Creditor, whether the
same is incurred under an open account, is evidenced by a promissory note
(including the Note) or otherwise and whether such indebtedness is now existing
or is hereafter incurred, and all obligations of Borrower to Creditor under this
Agreement (hereinafter collectively referred to as the "Obligations"), and all
expenditures by Creditor involving the performance of or enforcement of any
agreement, covenant or warranty provided for by this Agreement or under the
Obligations, including all costs, attorneys' fees (whether incurred in
connection with bankruptcy, appellate, probate or nonjudicial proceedings or
otherwise) and other expenditures of Creditor in the collection and enforcement
of any obligation or liability of Borrower to Creditor under this Agreement or
under the Obligations and in the collection and enforcement of or realization
upon any of the Collateral.

     3.   Assignment and Grant of Security Interest. Borrower hereby assigns,
transfers and conveys to Creditor and grants to Creditor a security interest in,
to and under all assets of Borrower, whether now existing or hereafter created
or acquired (all of which are hereinafter collectively called the "Collateral"),
including without limitation all Accounts, Chattel Paper, Documents, Equipment,
Fixtures, General Intangibles, Membership Interest, Subsidiaries, Inventory,
Investment Property, Intellectual Property, Instruments, Goods and all Proceeds
and products of any and all of the foregoing.

     4.   Continuing Liability. Borrower hereby expressly agrees that, anything
herein to the contrary notwithstanding, it shall remain liable under each
contract, agreement and instrument, assigned by it to Creditor hereunder to
observe and perform all the conditions and obligations to be observed and
performed by it thereunder, and covenants and agrees to observe and perform all
such conditions and obligations, all in accordance with and pursuant to the
terms and provisions thereof. Creditor shall have no obligation or liability
under any such contract, agreement or instrument, or the Accounts, by reason of
or arising out of this Agreement or the assignment thereof to Creditor or the
receipt by Creditor of any payment relating to any such contract, agreement or
instrument, or the Accounts pursuant hereto, nor shall Creditor be required or
obligated in any manner to perform or to fulfill any of the obligations of
Borrower thereunder or pursuant thereto, or to make any payment, or to make any
inquiry as to the nature or the sufficiency of any payment received by it or the
sufficiency of any performance by any party under any such contract, agreement
or instrument, or the Accounts, or to present or file any claim, or to take any
action to collect or enforce any performance or the payment of any amounts which
may have been assigned to it or to which it may be entitled at any time or
times.

     5.   Representations, Warranties and Covenants of Borrower.

          (a)  Borrower hereby represents and warrants to Creditor that:

                                      -2-
<PAGE>

               (i)     this Security Agreement constitutes and shall at all
                       times constitute the only lien on the Collateral except
                       for the lien of Bank which shall have priority over the
                       lien granted pursuant to this Agreement;

               (ii)    Borrower is the absolute owner of the Collateral, free
                       and clear of any and all claims or liens in favor of
                       others (except as noted in (i) above), with full right to
                       pledge, sell, assign, transfer and create a security
                       interest therein;

               (iii)   The Borrower are validly existing and in good standing
                       under the laws of the State of Oklahoma.

               (iv)    The Borrower has always done business under the name
                       "Greystone" except as follows: prior to "Greystone"
                       Borrower did business as PalWeb Corporation.

               (v)     The Borrower has places of business at the following
                       locations: Tulsa, Oklahoma, and Bettendorf, Iowa;

               (vi)    If the Borrower has more than one place of business, the
                       Borrower has its chief executive office at: Tulsa,
                       Oklahoma.

          (b)  Borrower shall at its expense forever warrant and, at Creditor's
               request, defend the Collateral from any and all claims and
               demands of any other person and it shall not grant, create or
               permit to exist any lien upon or security interest in the
               Collateral in favor of any other person (except for the Bank).

          (c)  Borrower shall not sell, transfer, lease or otherwise dispose of
               any of the Collateral (except for sales of Inventory in the
               ordinary course of business) without obtaining the prior written
               consent of Creditor to such sale, transfer, lease or other
               disposition.

          (d)  Borrower shall not move any item of Equipment from the State in
               which it is now located, locate at a new place of business,
               remove from a place of business as set forth above, establish a
               new chief executive office, change its corporate name or state of
               incorporation or use a trade name not listed above without giving
               the Creditor not less than thirty (30) days prior written notice
               of such intended relocation, removal, establishment, change or
               use.

          (e)  Borrower shall not merge, consolidate, dissolve, liquidate,
               convert or otherwise engage in any restructuring or
               reorganization without obtaining the prior written consent of
               Creditor to such transaction.

          (f)  Borrower shall not agree to do anything which it is prohibited
               from doing under subsections (b), (c) or (e) above.

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<PAGE>

     6.   Creditor Appointed as Attorney-in-Fact.

          (a)  Borrower hereby irrevocably constitutes and appoints Creditor and
               any officer or agent thereof, with full power of substitution, as
               its true and lawful attorney-in-fact with full irrevocable power
               and authority in the place and stead of Borrower and in the name
               of Borrower or in its own name, from time to time in Creditor's
               discretion, for the purpose of carrying out the terms of this
               Agreement, such power and authority to be exercisable upon the
               occurrence of an Event of Default, to take any and all
               appropriate action and to execute any and all documents and
               instruments which may be necessary or desirable to accomplish the
               purposes of this Agreement, including, without limiting the
               generality of the foregoing, the power and right, without notice
               to or assent by Borrower to do the following:

               (i)     upon the occurrence and continuance of any Event of
                       Default, to ask, demand, collect, receive and give
                       acquittances and receipts for any and all moneys due and
                       to become due, or any performance to be rendered, under
                       any Account or any contract, agreement or instrument
                       included in the Collateral and, in the name of Borrower
                       or its own name or otherwise, to take possession of and
                       endorse and collect any checks, drafts, notes,
                       acceptances or other instruments for the payment of
                       moneys due under any Account, or any other contract,
                       agreement or instrument included in the Collateral and to
                       file any claim or to take any other action or proceeding
                       in any court of law or equity or otherwise deemed
                       appropriate by Creditor for the purpose of collecting any
                       and all such moneys due or securing any performance to be
                       rendered under any such contract, agreement or instrument
                       pledged and assigned hereby;

               (ii)    upon the occurrence and continuance of any Event of
                       Default, to pay or discharge taxes, liens, security
                       interests or other encumbrances levied or placed on or
                       threatened against the Collateral; and

               (iii)   upon the occurrence and continuance of any Event of
                       Default (A) to direct any party liable for any payment or
                       performance under any of the Accounts included in the
                       Collateral to make payment of any and all moneys due and
                       to become due thereunder or to render any performance
                       provided for therein directly to Creditor or as Creditor
                       shall direct; (B) to receive payment of and receipt for
                       any and all moneys, claims and other amounts due and to
                       become due at any time in respect of or arising out of
                       any Collateral; (C) to sign and endorse any invoices,
                       freight or express bills, bills of lading, drafts against
                       debtors, assignments, verifications and notices in
                       connection with Accounts and other documents relating to
                       the

                                      -4-
<PAGE>

                       Collateral; (D) to commence and prosecute any suits,
                       actions or proceedings at law or in equity in any court
                       of competent jurisdiction to collect the Collateral or
                       any Proceeds thereof and to enforce any other right in
                       respect of any Collateral; (E) to defend any suit, action
                       or proceeding brought against Borrower with respect to
                       any Collateral; (F) to settle, compromise or adjust any
                       suit, action or proceeding described above and, in
                       connection therewith, to give such discharges or releases
                       as Creditor may deem appropriate; and (G) generally to
                       sell, transfer, pledge, make any agreement with respect
                       to or otherwise deal with any of the Collateral as fully
                       and completely as though Creditor was the absolute owner
                       thereof for all purposes, and to do, at Creditor's option
                       and Borrower's expense, at any time, or from time to
                       time, all acts and things which Creditor deems necessary
                       to protect, preserve or realize upon the Collateral and
                       Creditor's security interest therein in order to effect
                       the intent of this Agreement, all as fully and
                       effectively as Borrower might do.

          Borrower hereby ratifies all that said attorneys shall lawfully do or
cause to be done by virtue hereof. This power-of-attorney is a power coupled
with an interest and shall be irrevocable.

          (b)  The powers conferred on Creditor and the other attorneys
               appointed hereunder are solely to protect the interests of
               Creditor in the Collateral and shall not impose any duty upon
               them to exercise any such powers. Creditor and the other
               attorneys appointed hereunder shall be accountable only for
               amounts that they actually receive as a result of the exercise of
               such powers, and neither they nor any of their officers,
               directors, employees or agents shall be responsible to Borrower
               for any act or failure to act, except for their gross negligence
               or willful misconduct.

          (c)  Borrower also authorizes Creditor, at any time and from time to
               time, (i) to communicate in its own name with any party to any
               contract, agreement or Account included in the Collateral with
               regard to the assignment thereof hereunder and other matters
               relating thereto; and (ii) to execute, in connection with the
               sale provided for in Section 9 of this Agreement, any
               endorsements, assignments, bills of sale or other instruments of
               conveyance or transfer with respect to the Collateral.

     7.   Performance by Creditor of Borrower's Obligations. If Borrower fails
to perform or comply with any of its agreements contained herein, under the
obligations or in any contract, agreement or instrument included in the
Collateral, and Creditor, as provided for by the terms of this Agreement, shall
itself perform or comply, or otherwise cause performance or compliance, with
such agreement, the expenses of Creditor incurred in connection with such
performance or

                                      -5-
<PAGE>

compliance, together with interest thereon at the maximum lawful interest rate
permitted under the laws of the State of Oklahoma shall be payable by Borrower
to Creditor on demand and until such payment shall constitute Obligations
secured hereby. Creditor shall have the right to pay off any lien, security
interest or other encumbrance on the Collateral, regardless of whether the
obligations secured by such lien, security interest or other encumbrance are due
and owing, and such amount shall constitute obligations secured hereby.

     8.   Inspection Rights. Creditor is hereby given the right and privilege,
during regular business hours, of making such inspections of the Collateral and
records thereof as it deems necessary and of auditing or causing an audit or
verification of the books and records of Borrower relating to the Collateral at
any time and from time to time, including the contacting of customers or
suppliers of Borrower in connection with such audit or verification. Borrower
agrees to assist Creditor in every way necessary to facilitate such audits,
verifications and inspections.

     9.   Remedies. If an Event of Default hereunder or under the obligations
has occurred and is continuing, Creditor may exercise, in addition to all other
rights and remedies granted to it in this Agreement, all rights and remedies of
a secured party under the Code or any other applicable law. Creditor, at its
option, may proceed as to all or any part of the Collateral in accordance with
its rights or remedies hereunder. Without limiting the generality of the
foregoing, Borrower expressly agrees that in any such event Creditor, without
demand of performance or other demand, advertisement or notice of any kind to or
upon Borrower or any other person (all and each of which demands, advertisements
and/or notices are hereby expressly waived), may forthwith collect, receive,
appropriate and realize upon the Collateral, or any part thereof, and/or may
forthwith sell, lease, license, assign, give option or options to purchase, or
sell or otherwise dispose of and deliver said Collateral (or contract to do so),
or any part thereof, in one or more parcels at public or private sale or sales,
at any exchange, broker's board or at any of Creditor's offices or the
Borrower's offices or elsewhere at such prices as it may deem best, for cash or
on credit or for future delivery without assumption of any credit risk, and
Creditor shall apply the net proceeds (after expenses) of any such sale, lease,
license, assignment or other disposition against the indebtedness secured hereby
in such order as Creditor in its sole discretion shall determine, Borrower
remaining liable for any deficiency therein. Creditor shall have the right upon
any such public sale or sales to purchase the whole or any part of the
Collateral so sold. To the extent permitted by applicable law, Borrower waives
all claims, damages and demands against Creditor arising out of the
repossession, retention, sale or license of the Collateral. In the event
Creditor is required by law to give written notice to Borrower of any
disposition of the Collateral, Borrower agrees that five (5) days' prior written
notice by Creditor to Borrower shall be deemed to be reasonable notice.

     10.  Grant of License to Use Intangibles. For the purpose of enabling
Creditor to exercise rights and remedies under this Agreement at such time as
Creditor shall be lawfully entitled to exercise such rights and remedies and for
no other purpose, Borrower hereby grants to Creditor an irrevocable,
nonexclusive license (exercisable without payment of royalty or other
compensation to Borrower) to use, assign or sublicense any of the Collateral,
now owned or hereafter acquired by Borrower and wherever the same may be
located, including in such license reasonable access to all media in which any
of the licensed items may be recorded or stored and to all computer programs
used for the compilation or printout thereof. Until such time as

                                      -6-
<PAGE>

Creditor is entitled to exercise such rights and remedies Borrower is entitled
to use the Collateral without payment of royalty or other compensation to
Creditor.

     11.  Limitation on Creditor's Duty in Respect of Collateral. Beyond the use
of reasonable care in the custody and preservation thereof, Creditor shall not
have any duty as to any Collateral in its possession or control or in the
possession or control of its agent or nominee or any income thereon or as to the
preservation of rights against prior parties or any other rights pertaining
thereto.

     12.  Further Assurances, Etc. Borrower authorizes Creditor to sign and file
financing statements, continuation statements and any other forms, filings or
other statements required or permitted under the Code at any time and from time
to time with respect to the Collateral without Borrower's signature and on
Borrower's behalf. Borrower will, however, at any time upon Creditor's request,
sign financing statements, continuation statements, trust receipts, security
agreements or other agreements, forms, filings or other statements with respect
to the Collateral. Upon the failure of Borrower to do so, Creditor is authorized
as Borrower's agent to sign any such instrument or agreement. Borrower agrees
that at any time and from time to time upon the written request of Creditor,
Borrower will promptly execute and deliver any and all such further instruments
and documents and do such further acts as Creditor may reasonably request in
order to carry out more effectively the purposes of this Agreement and obtain
for Creditor the full benefits of the security interests granted to Creditor
hereby.

     13.  Notices. All notices and other communications required or permitted to
be made by one party to the other under this Agreement shall be given in writing
to the addresses of the parties set forth next to their signatures subject to
each party's right to change such notice address upon giving the other party
written notice in compliance with this Section.

     14.  Partial Invalidity. If any term, covenant or condition of this
Agreement or the application thereof to any person or circumstance shall, to any
extent, be invalid or unenforceable, the remainder of this Agreement, or the
application of such term, covenant or condition to persons or circumstances
other than those as to which it is held invalid or unenforceable, shall not be
affected thereby and each term, covenant or condition of this Agreement shall be
held valid and be enforced to the fullest extent permitted by law.

     15.  No Waiver; Cumulative Remedies. Creditor shall not by any act, delay,
and omission or otherwise be deemed to have waived any of its rights or remedies
hereunder, and no waiver shall be valid unless in writing, signed by Creditor,
and then only to the extent therein set forth. A waiver by Creditor of any right
or remedy hereunder on any one occasion shall not be construed as a bar to any
right or remedy which Creditor would otherwise have had on any future occasion.
No failure to exercise nor any delay in exercising on the part of Creditor any
right, power or privilege hereunder shall operate as a waiver thereof, nor shall
any single or partial exercise of any right, power or privilege hereunder
preclude any other or further exercise thereof or the exercise of any other
right, power or privilege. The rights and remedies hereunder provided are
cumulative with any rights and remedies under the Note or any other loan
document and may be exercised singly or concurrently, and are not exclusive of
any rights and remedies provided by law or equity.

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<PAGE>

     16.  Limitations by Law. All rights, remedies and powers provided by this
Agreement may be exercised only to the extent that the exercise thereof does not
violate any applicable provision of law, and all the provisions of this
Agreement are intended to be subject to all applicable mandatory provisions of
law which may be controlling and to be limited to the extent necessary so that
they will not render this Agreement invalid, unenforceable in whole or in part
or not entitled to be recorded, registered or filed under the provisions of any
applicable law.

     17.  Binding Effect. This Agreement and all the covenants and agreements
herein will be binding upon and inure to the benefit of the parties hereto and
their respective successors in interest and assigns. The Creditor shall at all
times have the right to assign its rights and interest under this Agreement.

     18.  Applicable Law. This Agreement shall be governed by, and be construed
and interpreted in accordance with, the laws of the State of Oklahoma and the
United States.

     19.  Venue. The parties agree that jurisdiction and venue for any matter
arising out of or pertaining to this Agreement shall be proper only in the state
courts located in Tulsa County, Oklahoma and the federal courts having
jurisdiction over the Northern District of Oklahoma, and the parties hereby
consent to such venue and jurisdiction.

         IN WITNESS WHEREOF the parties have caused this Agreement to be
executed as of the day and year first set forth above.

                                       "Creditor"

                                       By: /s/ Warren F. Kruger
                                          --------------------------------------
                                       Printed Name: Warren F. Kruger
                                                    ----------------------------
                                       "Borrower"

                                       GREYSTONE LOGISTICS, INC.

                                       By: /s/  Robert H. Nelson
                                          --------------------------------------
                                       Printed Name: Robert H. Nelson
                                                    ----------------------------
                                       Title: Chief Operating Officer and Chief
                                             -----------------------------------
                                              Financial Officer
                                             -----------------------------------
                                       GREYSTONE MANUFACTURING, L.L.C.

                                       By: /s/ Robert H. Nelson
                                          --------------------------------------
                                       Printed Name: Robert H. Nelson,
                                                    ----------------------------
                                       Chief Operating Officer and Chief
                                       -----------------------------------------
                                       Financial Officer on behalf of Warren F.
                                       -----------------------------------------
                                       Kruger, Sole Member
                                       -----------------------------------------

                                      -8-EX-4.1
2006 NON-EMPLOYEE DIRECTORS AND CONSULTANTS RETAINER STOCK PLAN

                              GAMEZNFLIX, INC.
              2006 NON-EMPLOYEE DIRECTORS AND CONSULTANTS
                            RETAINER STOCK PLAN

1.  Introduction.

This plan shall be known as GameZnFlix, Inc. 2006 Non-Employee Directors
and Consultants Retainer Stock Plan is hereinafter referred to as the
"Plan".  The purposes of the Plan are to enable GameZnFlix, Inc., a
Nevada corporation ("Company"), to promote the interests of the Company
and its shareholders by attracting and retaining non-employee Directors
and Consultants capable of furthering the future success of the Company
and by aligning their economic interests more closely with those of the
Company's shareholders, by paying their retainer or fees in the form of
shares of  the Company's common stock, par value one tenth of one cent
($0.001) per share ("Common Stock").

2.  Definitions.

The following terms shall have the meanings set forth below:

"Board" means the Board of Directors of the Company.

"Change of Control" has the meaning set forth in Section 12(d).

"Code" means the Internal Revenue Code of 1986, as amended, and the
rules and regulations thereunder. References to any provision of the
Code or rule or regulation thereunder shall be deemed to include any
amended or successor provision, rule or regulation.

"Board" means the Board that administers the Plan, as more fully defined
in Section 13.

"Common Stock" has the meaning set forth in Section 1.

"Company" has the meaning set forth in Section 1.

"Deferral Election" has the meaning set forth in Section 6.

"Deferred Stock Account" means a bookkeeping account maintained by the
Company for a Participant representing the Participant's interest in the
shares credited to such Deferred Stock
Account pursuant to Section 7.

"Delivery Date" has the meaning set forth in Section 6.

"Director" means an individual who is a member of the Board of Directors
of the Company.

"Dividend Equivalent" for a given dividend or other distribution means a
number of shares of Common Stock having a Fair Market Value (as defined
below), as of the record date for such dividend or distribution, equal
to the amount of cash, plus the fair market value on the date of
distribution of any property, that is distributed with respect to one
share of Common Stock pursuant to such dividend or distribution; such
fair market value to be determined by the Board in good faith.

"Effective Date" has the meaning set forth in Section 3.

"Exchange Act" has the meaning set forth in Section 13(b).

"Fair Market Value" means the mean between the highest and lowest
reported sales prices of the Common Stock on the NYSE Composite Tape or,
if not listed on such exchange, on any other national securities
exchange on which the Common Stock is listed or on NASDAQ on the last
trading day prior to the date with respect to which the Fair Market
Value is to be determined.

"Participant" has the meaning set forth in Section 4.

"Payment Time" means the time when a Stock Retainer is payable to a
Participant pursuant to Section 5 (without regard to the effect of any
Deferral Election).

"Stock Retainer" has the meaning set forth in Section 5.

"Third Anniversary" has the meaning set forth in Section 6.

3.  Effective Date of the Plan.

The Plan was adopted by the Board effective January 6, 2006 ("Effective Date").

4.  Eligibility.

Each individual who is a Director or Consultant on the Effective Date
and each individual who becomes a Director or Consultant thereafter
during the term of the Plan, shall be eligible to be a participant
("Participant") in the Plan, in each case during such period as such
individual remains a Director or Consultant and is not an employee of
the Company or any of its subsidiaries.  Each credit of shares of Common
Stock pursuant to the Plan shall be evidenced by a written agreement
duly executed and delivered by or on behalf of the Company and a
Participant, if such an agreement is required by the Company to assure
compliance with all applicable laws and regulations.

5.  Grants of Shares.

Commencing on the Effective Date, the payment to Directors or Consultants for
bone fide services shall be payable in shares of Common Stock ("Stock
Retainer") par value of one tenth of one cent ($0.001) per share.  Such
services shall neither be in connection with a capital raising function for
the Company nor in connection with making a market in the Common Stock.

6.  Deferral Option.

From and after the Effective Date, a Participant may make an election (a
"Deferral Election") on an annual basis to defer delivery of the Stock
Retainer specifying which one of the following way the Stock Retainer is
to be delivered:  (a) on the date which is three years after the
Effective Date for which it was originally payable ("Third
Anniversary"), (b) on the date upon which the Participant ceases to be a
Director or Consultant for any reason ("Departure Date") or (c) in five
(5) equal annual installments commencing on the Departure Date ("Third
Anniversary" and "Departure Date" each being referred to herein as a
"Delivery Date").  Such Deferral Election shall remain in effect for
each subsequent year unless changed, provided that, any Deferral
Election with respect to a particular  year may not be changed less than
six (6) months prior to the beginning of such year and provided,
further, that no more than one Deferral Election or change thereof may
be made in any year.

Any Deferral Election and any change or revocation thereof shall be made
by delivering written notice thereof to the Board no later than six (6)
months prior to the beginning of the year in which it is to be effected;
provided that, with respect to the year beginning on the Effective Date,
any Deferral Election or revocation thereof must be delivered no later
than the close of business on the thirtieth (30th) day after the
Effective Date.

7.  Deferred Stock Accounts.

The Company shall maintain a Deferred Stock Account for each Participant
who makes a Deferral Election to which shall be credited, as of the
applicable Payment Time, the number of shares of Common Stock payable
pursuant to the Stock Retainer to which the Deferral Election relates.
So long as any amounts in such Deferred Stock Account have not been
delivered to the Participant under Section 8, each Deferred Stock
Account shall be credited as of the payment date for any dividend paid
or other distribution made with respect to the Common Stock, with a
number of shares of Common Stock equal to (a) the number of shares of
Common Stock shown in such Deferred Stock Account on the record date for
such dividend or distribution multiplied by (b) the Dividend Equivalent
for such dividend or distribution.

8.  Delivery of Shares.

(a) The shares of Common Stock in a Participant's Deferred Stock Account
with respect to any Stock Retainer for which a Deferral Election has
been made (together with dividends attributable to such shares credited
to such Deferred Stock Account) shall be delivered in accordance with
this Section 8 as soon as practicable after the applicable Delivery
Date.  Except with respect to a Deferral Election pursuant to Section
6(c), or other agreement between the parties, such shares shall be
delivered at one time; provided that, if the number of shares so
delivered includes a fractional share, such number shall be rounded to
the nearest whole number of shares. If the Participant has in effect a
Deferral Election pursuant to Section 6(c), then such shares shall be
delivered in five equal annual installments (together with dividends
attributable to such shares credited to such Deferred Stock Account),
with the first such installment being delivered on the first anniversary
of the Delivery Date; provided that, if in order to equalize such
installments, fractional shares would have to be delivered, such
installments shall be adjusted by rounding to the nearest whole share.
If any such shares are to be delivered after the Participant has died or
become legally incompetent, they shall be delivered to the Participant's
estate or legal guardian, as the case may be, in accordance with the
foregoing; provided that, if the Participant dies with a Deferral
Election pursuant to Section 6(c) in effect, the Board shall deliver all
remaining undelivered shares to the Participant's estate immediately.
References to a Participant in this Plan shall be deemed to refer to the
Participant's estate or legal guardian, where appropriate.

(b)  The Company may, but shall not be required to, create a grantor
trust or utilize an existing grantor trust (in either case, "Trust") to
assist it in accumulating the shares of Common Stock needed to fulfill
its obligations under this  Section 8.   However, Participants shall
have no beneficial or other interest in the Trust and the assets
thereof, and their rights under the Plan shall be as general creditors
of the Company, unaffected by the existence or nonexistence of the
Trust, except that deliveries of Stock Retainers to Participants from
the Trust shall, to the extent thereof, be treated as satisfying the
Company's obligations under this Section 8.

9.  Share Certificates; Voting and Other Rights.

The certificates for shares delivered to a Participant pursuant to
Section 8 above shall be issued in the name of the Participant, and from
and after the date of such issuance the Participant shall be entitled to
all rights of a shareholder with respect to Common Stock for all such
shares issued in his or her name, including the right to vote the
shares, and the Participant shall receive all dividends and other
distributions paid or made with respect thereto.

10.  General Restrictions.

(a)  Notwithstanding any other provision of the Plan or agreements made
pursuant thereto, the Company shall not be required to issue or deliver
any certificate or certificates for shares of Common Stock under the
Plan prior to fulfillment of all of the following conditions:

(i)  Listing or approval for listing upon official notice of
issuance of such shares on the New York Stock Exchange, Inc., or
such other securities exchange as may at the time be a market for
the Common Stock;

(ii)  Any registration or other qualification of such shares under
any state or federal law or regulation, or the maintaining in
effect of any such registration or other qualification which the
Board shall, upon the advice of counsel, deem necessary or
advisable; and

(iii) Obtaining any other consent, approval, or permit from any
state or federal governmental agency which the Board shall, after
receiving the advice of counsel, determine to be necessary or
advisable.

(b)  Nothing contained in the Plan shall prevent the Company from
adopting other or additional compensation arrangements for the
Participants.

11.  Shares Available.

Subject to Section 12 below, the maximum number of shares of Common
Stock that may in the aggregate be paid as Stock Retainers pursuant to
the Plan is One Hundred Fifty Million (150,000,000).  Shares of Common
Stock issuable under the Plan may be taken from treasury shares of the
Company or purchased on the open market.

12.  Adjustments; Change of Control.

(a)  In the event that there is, at any time after the Board adopts the
Plan, any change in corporate capitalization, such as a stock split,
combination of shares, exchange of shares, warrants or rights offering
to purchase Common Stock at a price below its fair market value,
reclassification, or recapitalization, or a corporate transaction, such
as any merger, consolidation, separation, including a spin-off, or other
extraordinary distribution of stock or property of the Company, any
reorganization (whether or not such reorganization comes within the
definition of such term in Section 368 of the Code) or any partial or
complete liquidation of the Company (each of the foregoing a
"Transaction"), in each case other than any such Transaction which
constitutes a Change of Control (as defined below), (i) the Deferred
Stock Accounts shall be credited with the amount and kind of shares or
other property which would have been received by a holder of the number
of shares of Common Stock held in such Deferred Stock Account had such
shares of Common Stock been outstanding as of the effectiveness of any
such Transaction, and (ii) the Board shall appropriately adjust any
other relevant provisions of the Plan and any such modification by the
Board shall be binding and conclusive on all persons.

(b)  If the shares of Common Stock credited to the Deferred Stock
Accounts are converted pursuant to Section 12(a) into another form of
property, references in the Plan to the Common Stock shall be deemed,
where appropriate, to refer to such other form of property, with such
other modifications as may be required for the Plan to operate in
accordance with its purposes. Without limiting the generality of the
foregoing, references to delivery of certificates for shares of Common
Stock shall be deemed to refer to delivery of cash and the incidents of
ownership of any other property held in the Deferred Stock Accounts.

(c)  In lieu of the adjustment contemplated by Section 12(a), in the
event of a Change of Control, the following shall occur on the date of
the Change of Control:  (i) the shares of Common Stock held in each
Participant's Deferred Stock Account  shall be deemed to be issued and
outstanding as of the Change of Control; (ii) the Company shall
forthwith deliver to each Participant who has a Deferred Stock Account
all of the shares of Common Stock or any other property held in such
Participant's Deferred Stock Account; and (iii) the Plan shall be
terminated.

(d)  For purposes of this Plan, "Change of Control" shall mean any of
the following events:

(i)   The acquisition by any individual, entity or group (within
the meaning of Section 13(d)(3) or 14(d)(2) of the Securities
Exchange Act of 1934, as amended ("Exchange Act")) (a "Person") of
beneficial ownership (within the meaning of Rule 13d-3 promulgated
under the Exchange Act) of twenty percent (20%) or more of either
(a) the then outstanding shares of common stock of the Company
("Outstanding Company Common Stock") or (b) the combined voting
power of the then outstanding voting securities of the Company
entitled to vote generally in the election of directors
("Outstanding Company Voting Securities"); provided, however, that
the following acquisitions shall not constitute a Change of
Control:  (a) any acquisition directly from the Company (excluding
an acquisition by virtue of the exercise of a conversion privilege
unless the security being so converted was itself acquired directly
from the Company), (b) any acquisition by the Company, (c) any
acquisition by any employee benefit plan (or related trust)
sponsored or maintained by the Company or any corporation
controlled by the Company or (d) any acquisition by any corporation
pursuant to a reorganization, merger or consolidation, if,
following such reorganization, merger or consolidation, the
conditions described in clauses (a), (b) and (c) of paragraph (iii)
of this Section 12(d) are satisfied; or

(ii)   Individuals who, as of the date hereof, constitute the Board
of the Company (as of the date hereof, "Incumbent Board") cease for
any reason to constitute at least a majority of the Board;
provided, however, that any individual becoming a director
subsequent to the date hereof whose election, or nomination for
election by the Company's shareholders, was approved by a vote of
at least a majority of the directors then comprising the Incumbent
Board shall be considered as though such individual were a member
of the Incumbent Board, but excluding, for this purpose, any such
individual whose initial assumption of office occurs as a result of
either an actual or threatened election contest (as such terms are
used in Rule 14a-11 of Regulation 14A promulgated under the
Exchange Act) or other actual or threatened solicitation of proxies
or consents by or on behalf of a Person other than the Board; or

(iii)   Approval by the shareholders of the Company of a
reorganization, merger, binding share exchange or consolidation,
unless, following such reorganization, merger, binding share
exchange or consolidation (a) more than sixty percent (60%) of,
respectively, the then outstanding shares of common stock of the
corporation resulting from such reorganization, merger, binding
share exchange or consolidation and the combined voting power of
the then outstanding voting securities of such corporation entitled
to vote generally in the election of directors is then beneficially
owned, directly or indirectly, by all or substantially all of the
individuals and entities who were the beneficial owners,
respectively, of the Outstanding Company Common Stock and
Outstanding Company Voting Securities immediately prior to such
reorganization, merger, binding share exchange or consolidation in
substantially the same proportions as their ownership, immediately
prior to such reorganization, merger, binding share exchange or
consolidation, of the Outstanding Company Common Stock and
Outstanding Company Voting Securities, as the case may be, (b) no
Person (excluding the Company, any employee benefit plan (or
related trust) of the Company or such corporation resulting from
such reorganization, merger, binding share exchange or
consolidation and any Person beneficially owning, immediately prior
to such reorganization, merger, binding share exchange or
consolidation, directly or indirectly, twenty percent (20%) or more
of the Outstanding Company Common Stock or Outstanding Company
Voting Securities, as the case may be) beneficially owns, directly
or indirectly, twenty percent (20%) or more of, respectively, the
then outstanding shares of common stock of the corporation
resulting from such reorganization, merger, binding share exchange
or consolidation or the combined voting power of the then
outstanding voting securities of such corporation entitled to vote
generally in the election of directors and (c) at least a majority
of the members of the board of directors of the corporation
resulting from such reorganization, merger, binding share exchange
or consolidation were members of the Incumbent Board at the time of
the execution of the initial agreement providing for such
reorganization, merger, binding share exchange or consolidation; or

(iv)   Approval by the shareholders of the Company of (a) a
complete liquidation or dissolution of the Company or (b) the sale
or other disposition of all or substantially all of the assets of
the Company, other than to a corporation, with respect to which
following such sale or other disposition, (x) more than sixty
percent (60%) of, respectively, the then outstanding shares of
common stock of such corporation and the combined voting power of
the then outstanding voting securities of such corporation entitled
to vote generally in the election of directors is then beneficially
owned, directly or indirectly, by all or substantially all of the
individuals and entities who were the beneficial owners,
respectively, of the Outstanding Company Common Stock and
Outstanding Company Voting Securities immediately prior to such
sale or other disposition in substantially the same proportion as
their ownership, immediately prior to such sale or other
disposition, of the Outstanding Company Common Stock and
Outstanding Company Voting Securities, as the case may be, (y) no
Person (excluding the Company and any employee benefit plan (or
related trust) of the Company or such corporation and any Person
beneficially owning, immediately prior to such sale or other
disposition, directly or indirectly, twenty percent (20%) or more
of the Outstanding Company Common Stock or Outstanding Company
Voting Securities, as the case may be) beneficially owns, directly
or indirectly, twenty percent (20%) or more of, respectively, the
then outstanding shares of common stock of such corporation and the
combined voting power of the then outstanding voting securities of
such corporation entitled to vote generally in the election of
directors and (z) at least a majority of the members of the board
of directors of such corporation were members of the Incumbent
Board at the time of the execution of the initial agreement or
action of the Board providing for such sale or other disposition of
assets of the Company.

13.  Administration; Amendment and Termination.

(a)  The Plan shall be administered by a Board consisting of three
members who shall be the current senior executive officers as may be
designated by the Chief Executive Officer ("Board"), which shall have
full authority to construe and interpret the Plan, to establish, amend
and rescind rules and regulations relating to the Plan, and to take all
such actions and make all such determinations in connection with the
Plan as it may deem necessary or desirable. (b) The Board  may from time
to time make such amendments to the Plan, including to preserve or come
within any exemption from liability under Section 16(b) of the Exchange
Act, as it may deem proper and in the best interest of the Company
without approval of the Company's stockholders; provided that, to the
extent required under Nevada law or to qualify transactions under the
Plan for exemption under Rule 16b-3 promulgated under the Exchange Act,
no amendment to the Plan shall be adopted without further approval of
the Company's stockholders and, provided, further, that if and to the
extent required for the Plan to comply with Rule 16b-3 promulgated under
the Exchange Act, no amendment to the Plan shall be made more than once
in any six (6) month period that would change the amount, price or
timing of the grants of Common Stock hereunder other than to comport
with changes in the Internal Revenue Code of 1986, as amended, the
Employee Retirement Income Security Act of 1974, as amended, or the
regulations thereunder.  (c)  The Board may terminate the Plan at any
time by a vote of a majority of the members thereof.

14.  Miscellaneous.

(a)  Nothing in the Plan shall be deemed to create any obligation on the
part of the Board to nominate any Director for re-election by the
Company's shareholders or to limit the rights of the shareholders to
remove any Director.

(b)  The Company shall have the right to require, prior to the issuance
or delivery of any shares of Common Stock pursuant to the Plan, that a
Participant make arrangements satisfactory to the Board for the
withholding of any taxes required by law to be withheld with respect to
the issuance or delivery of such shares, including without limitation by
the withholding of shares that would otherwise be so issued or
delivered, by withholding from any other payment due to the Participant,
or by a cash payment to the Company by the Participant.

15.  Governing Law.

The Plan and all actions taken thereunder shall be governed by and
construed in accordance with the laws of the State of Nevada.

GameZnFlix, Inc.

By: /s/  John Fleming
John Fleming, CEO

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