Document:

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                                                                    Exhibit 10.3

                           AMERICASDOCTOR.COM, INC.

                             AMENDED AND RESTATED

                        1996 DIRECTOR STOCK OPTION PLAN
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                           AMERICASDOCTOR.COM, INC.
                             AMENDED AND RESTATED
                        1996 DIRECTOR STOCK OPTION PLAN
                               Table of Contents

<TABLE>
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                                                                                                               Page
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ARTICLE 1         General Purpose of Plan....................................................................     1

ARTICLE 2         Definitions................................................................................     1

ARTICLE 3         Administration.............................................................................     3
         Section 3.1       Administrator.....................................................................     3
         Section 3.2       Powers in General.................................................................     3
         Section 3.3       Specific Powers...................................................................     3
         Section 3.4       Decisions Final...................................................................     3

ARTICLE 4         Stock Subject to Plan......................................................................     4
         Section 4.1       Stock Subject to the Plan.........................................................     4
         Section 4.2       Unexercised Options; Reacquired Shares............................................     4

ARTICLE 5         Eligibility................................................................................     4

ARTICLE 6         Options....................................................................................     4
         Section 6.1       General...........................................................................     4
         Section 6.2       Terms and Conditions of Options...................................................     4
                  (a)      Number and Type of Shares.........................................................     4
                  (b)      Exercise Price....................................................................     5
                  (c)      Medium and Time of Payment........................................................     5
                  (d)      Term and Exercise of Options......................................................     5
                  (e)      Reload Options....................................................................     5
                  (f)      Successive Grants.................................................................     5
                  (g)      Section 16(b).....................................................................     5
         Section 6.3       Transferability Restrictions......................................................     5

ARTICLE 7         Effect of Certain Changes..................................................................     6

ARTICLE 8         Amendments, Termination and Cancellations..................................................     6

ARTICLE 9         General Provisions.........................................................................     7
         Section 9.1       General Restrictions..............................................................     7
                  (a)      No View to Distribute.............................................................     7
                  (b)      Legends...........................................................................     7
         Section 9.2       Other Compensation Arrangements...................................................     7
         Section 9.3       Withholding Taxes.................................................................     7
                  (a)      Withholding Required..............................................................     7
                  (b)      Withholding Right.................................................................     7
                  (c)      Exercise of Withholding Right.....................................................     8
                  (d)      Effect............................................................................     8
</TABLE>

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<TABLE>
<S>                                                                                                            <C>
         Section 9.4       Indemnification..................................................................      8
         Section 9.5       Loans............................................................................      8
         Section 9.6       No Right to Continue as a Director...............................................      9
         Section 9.7       No Rights as a Stockholder.......................................................      9
         Section 9.8       Fractional Shares................................................................      9
         Section 9.9       Regulatory Matters...............................................................      9
         Section 9.10      Certain Terminations of Services, Hardship and Approved Leaves of Absence........     10
         Section 9.11      Foreign Optionees................................................................     10
         Section 9.12      Other Provisions.................................................................     10
         Section 9.13      Governing Law....................................................................     10

ARTICLE 10        Effective Date of Plan....................................................................     10
</TABLE>

                                      ii
<PAGE>

                           AMERICASDOCTOR.COM, INC.

                             AMENDED AND RESTATED

                        1996 DIRECTOR STOCK OPTION PLAN

                                    ARTICLE
                                       1
                            General Purpose of Plan

         The purpose of the AmericasDoctor.com, Inc. Amended and Restated 1996
Director Stock Option Plan is to enable AmericasDoctor.com, Inc., a Delaware
corporation (the "Company"), and any Parent or any Subsidiary to obtain and
retain the services of the types of Directors who will contribute to the
Company's long range success and to provide incentives that are linked directly
to increases in share value that will inure to the benefit of all stockholders
of the Company.

                                   ARTICLE 2
                                  Definitions

         For purposes of the Plan, the following terms shall be defined as set
forth below:

         "Administrator" shall have the meaning as set forth in Article 3.

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

         "Code" means the Internal Revenue Code of 1986, as amended from time to
time, or any successor thereto.

         "Committee" means a committee of the Board as described in Section 3.1
of the Plan.

         "Common Stock" means (i) the Class A Common Stock, $.001 par value, of
the Company, (ii) any security into which shares of Common Stock may be
converted by reason of any transaction or event of the type referred to in
Article 7, and (iii) in the event of a change in the stock of the Company as
presently constituted that is limited to a change of all of its authorized
shares with par value, into the same number of shares without par value, or a
change in the par value, the shares resulting from any such change.

         "Date of Grant" means the date on which the Administrator adopts a
resolution expressly granting an Option to a Participant, or if a different date
is set forth in such resolution as the Date of Grant, then such date as is set
forth in such resolution.

         "Director" means a member of the Board.

         "Disability" means permanent and total disability as defined by the
Administrator.
<PAGE>

         "Election" shall have the meaning set forth in Section 9.3(c) of the
Plan.

         "Eligible Person" means a Director of the Company, any Parent or any
Subsidiary.

         "Exchange Act" means the Securities Exchange Act of 1934, as amended
and supplemented from time to time, or any successor thereto.

         "Fair Market Value" per share at any date means the fair market value
of the Stock as determined in good faith by the Administrator from time to time.

         "Non-Employee Director" means a "non-employee director" as that term is
defined in Rule 16b-3(b)(3) promulgated under the Exchange Act, or any successor
rule thereto.

         "Nonqualified Option" means an Option that is not an "incentive stock
option" as defined in Section 422 of the Code, or any successor provision
thereto.

         "Option" means an option to purchase shares of Stock upon the exercise
of an Option granted pursuant to Article 6.

         "Option Agreement" shall have the meaning set forth in Section 6.2 of
the Plan.

         "Optionee" means a Participant who is granted an Option pursuant to the
Plan.

         "Parent" means any present or future corporation that would be a
"parent corporation" as that term is defined in Section 424 of the Code or any
successor provision thereto.

         "Participant" means any Eligible Person selected by the Administrator,
pursuant to the Administrator's authority in Article 3, to receive grants of
Options.

         "Plan" means this AmericasDoctor.com, Inc. Amended and Restated 1996
Director Stock Option Plan, as the same may be amended or supplemented from time
to time.

         "Preferred Stock" means (i) the Series C Contingent Convertible
Preferred Stock, $.001 par value, of the Company, (ii) any security into which
shares of Preferred Stock may be converted according to their terms or by reason
of any transaction or event of the type referred to in Article 7, and (iii) in
the event of a change of all its authorized shares with par value, into the same
number of shares without par value, or a change in the par value, the shares
resulting from any such change.

         "Retirement" means retirement from service as a Director as defined by
the Administrator.

         "Stock" means the Common Stock and the Preferred Stock.

         "Subsidiary" means any corporation, partnership, joint venture,
unincorporated association or other entity in which the Company has a direct or
indirect ownership or other equity interest.

         "Tax Date" shall have the meaning set forth in Section 9.3(c) of the
Plan.

                                       2
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         "Withholding Right" shall have the meaning set forth in Section 9.3(b)
of the Plan.

                                   ARTICLE 3
                                Administration

         Section 3.1 Administrator. The Plan shall be administered by either (i)
                     -------------
the Board or (ii) a Committee composed solely of two or more Non-Employee
Directors (the group administering the Plan is referred to as the
"Administrator").

         Section 3.2 Powers in General. The Administrator shall have the power
                     -----------------
and authority to grant to Eligible Persons, pursuant to the terms of the Plan,
Options.

         Section 3.3 Specific Powers. In particular, the Administrator shall
                     ---------------
have the authority: (i) to construe and interpret the Plan and apply its
provisions; (ii) to promulgate, amend and rescind rules and regulations relating
to the administration of the Plan from time to time; (iii) to authorize any
person to execute, on behalf of the Company, any instrument required to carry
out the purposes of the Plan; (iv) to determine when Options are to be granted
under the Plan; (v) from time to time to select, subject to the limitations set
forth in the Plan, those Eligible Persons to whom Options shall be granted; (vi)
to determine the number of shares of Stock to be made subject to each Option;
(vii) to prescribe the terms and conditions of each Option, including, without
limitation, the exercise price and medium of payment, and to specify the
provisions of the Option Agreement relating to such Option; (viii) to amend any
outstanding Options for the purpose of modifying the time or manner of vesting,
the exercise price, thereunder or otherwise, subject to applicable legal
restrictions and to the consent of the other party to such agreement; and (ix)
to make any and all other determinations which it determines to be necessary or
advisable for administration of the Plan.

         Section 3.4 Decisions Final. The interpretation and construction by the
                     ---------------
Administrator of any provision of the Plan or any agreement, notification or
document evidencing the grant of Options and any determination by the
Administrator pursuant to any provision of the Plan or any such agreement,
notification or document shall be final and conclusive. No Administrator or
member thereof shall be liable for any such action taken or determination made
in good faith.

                                   ARTICLE 4
                             Stock Subject to Plan

         Section 4.1 Stock Subject to the Plan. Subject to adjustment as
                     -------------------------
provided in Article 7, the total number of shares of Stock reserved and
available for issuance under the Plan shall be 371,477 shares (consisting of
350,000 shares of Common Stock and 21,477 shares of Preferred Stock). Shares
reserved hereunder may consist, in whole or in part, of authorized and unissued
shares or treasury shares. In connection with the issuance or transfer of shares
of Stock pursuant to the Plan, the Company may repurchase shares of stock in the
open market or otherwise.

         Section 4.2 Unexercised Options; Reacquired Shares. To the extent that
                     --------------------------------------
any Options expire or are otherwise terminated without being exercised, the
shares underlying such Options (and shares related thereto) shall again be
available for issuance in connection with future Options under

                                       3
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the Plan. Shares acquired by the Company upon exercise of Options pursuant to
Section 6.2(c) or Section 9.3 shall not increase the shares available for
issuance under the Plan.

                                   ARTICLE 5
                                  Eligibility

         Directors of the Company, any Parent or any Subsidiary who are
responsible for or contribute to the management, growth or profitability of the
business of the Company, any Parent or any Subsidiary, shall be eligible to be
granted Options hereunder subject to limitations set forth in the Plan.

                                   ARTICLE 6
                                    Options

         Section 6.1 General. Each Option granted under the Plan shall be in
                     -------
such form and under such terms and conditions as the Administrator may from time
to time approve; provided, that such terms and conditions are not inconsistent
with the Plan. The provisions of Option Agreements entered into under the Plan
need not be identical. Options granted under the Plan shall be Nonqualified
Options.

         Section 6.2 Terms and Conditions of Options. Each Option granted
                     -------------------------------
pursuant to the Plan shall be evidenced by a written option agreement between
the Company and the Optionee (the "Option Agreement"), which shall comply with
and be subject to the following terms and conditions:

                  (a) Number and Type of Shares. Each Option Agreement shall
                      -------------------------
state the number and type of shares of Stock to which the Option relates.

                  (b) Exercise Price. Each Option Agreement shall state the
                      --------------
price at which shares subject to the Option may be purchased (the "Exercise
Price"), which price shall be determined in the sole discretion of the
Administrator and may be less than, equal to or greater than the Fair Market
Value per share of Stock on the Date of Grant; provided, however, that the
Exercise Price per share of Stock shall be at least equal to the per share
stated par value of the Stock.

                  (c) Medium and Time of Payment. The Exercise Price shall be
                      --------------------------
paid in full, at the time of exercise, (i) in cash or cash equivalents, (ii)
with the approval of the Administrator, in shares of Stock, which shall be
valued at Fair Market Value on the date of exercise, (iii) any other legal
consideration that the Administrator deems appropriate on such basis as the
Administrator may determine in accordance with the Plan, (iv) any combination of
the foregoing, and may be effected in whole or in part (x) with monies received
from the Company at the time of exercise as a compensatory cash payment or (y)
to the extent that the Exercise Price exceeds the par value of the shares so
purchased, with monies borrowed from the Company in accordance with Section 9.5.
Any Option Agreement may provide for deferred payment of the Exercise Price from
the proceeds of sale through a broker on the date of exercise of the Option of
some or all of the shares of Stock to which the exercise relates.

                  (d) Term and Exercise of Options. Options shall be exercisable
                      ----------------------------
over the exercise period at the times the Administrator may determine, as
reflected in the related Option Agreement.

                                       4
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The exercise period of any Option shall be determined by the Administrator. Each
Option Agreement shall specify the conditions that are necessary before the
Options or installments thereof shall become exercisable, and any Option
Agreement may provide for the earlier exercise of the Option, including, without
limitation, in the event of a change in control of the Company or other similar
transaction or event.

                  (e) Reload Options. On or after the Date of Grant of any
                      --------------
Option, the Administrator may provide for the automatic grant to the Optionee of
additional Options upon the exercise of Options.

                  (f) Successive Grants. Successive grants of Options may be
                      -----------------
made to the same Optionee regardless of whether any Options previously granted
to the Optionee remain unexercised.

                  (g) Section 16(b). To the extent necessary for an Option, its
                      -------------
exercise or the sale of shares of Stock acquired thereunder to be exempt from
Section 16(b) of the Exchange Act, such Option shall be held at least six months
from the date such Option was granted, or at least six months shall elapse from
the date of grant of such Option, to the date of disposition of the shares of
Stock acquired upon exercise of such Option.

         Section 6.3 Transferability Restrictions. Any grant of Options under
                     ----------------------------
the Plan may provide that all or any part of the shares of Stock that are to be
issued by the Company upon the exercise thereof shall be subject to restrictions
upon transfer.

                                   ARTICLE 7
                           Effect of Certain Changes

         The Administrator may make or provide for such adjustments in the
number of shares of Stock covered by outstanding Options, the Exercise Price per
share of Stock applicable to any such Options, and the kind of shares (including
shares of another issuer) covered thereby, as the Administrator may in good
faith determine to be equitably required to prevent dilution or expansion of the
rights of Optionees that otherwise would result from (a) the conversion into
Common Stock of any Class B Common Stock, $.001 par value, Series A Preferred
Stock, $.001 par value, Series B Contingent Convertible Preferred Stock, $.001
par value, or Preferred Stock of the Company (or any security into which shares
of such Class B Common Stock, Series A Preferred Stock, Series B Contingent
Convertible Preferred Stock or Preferred Stock may be converted by reason of a
transaction referred to in this Article 7), (b) any stock dividend, stock split,
combination of shares, recapitalization or other change in the capital structure
of the Company or (c) any merger, consolidation, spin-off, spin-out, split-off,
split-up, reorganization, partial or complete liquidation or other distribution
of assets, issuance of warrants or other rights to purchase securities or any
other corporate transaction or event having an effect similar to any of the
foregoing. In the event of any such transaction or event, the Administrator may
provide in substitution for any or all outstanding Options such alternative
consideration as it may in good faith determine to be equitable under the
circumstances and may require in connection therewith the surrender of all
Options so replaced. Moreover, the Administrator may on or after the Date of
Grant provide in the Option Agreement that the holder of the Option may elect to
receive an equivalent Option in respect of securities of the surviving entity of
any merger, consolidation or other transaction or event having a similar effect,
or the Administrator may provide that the holder will automatically be entitled
to receive such an equivalent Option. The Administrator may also make or provide
for such adjustments in the

                                       5
<PAGE>

maximum number of shares of Stock specified in Section 4.1 as the Administrator
may in good faith determine to be appropriate to reflect any transaction or
event described in this Article 7.

                                   ARTICLE 8
                   Amendments, Termination and Cancellations

         The Plan may be amended or altered from time to time or discontinued by
the Administrator. With the concurrence of the affected Optionee, the
Administrator may cancel any Option Agreement. In the event of any such
cancellation, the Administrator may authorize the granting of new Options
hereunder, which may or may not cover the same number of shares of Stock as had
been covered by the canceled Option, at such Exercise Price, in such manner and
subject to such other terms, conditions and discretion as would have been
permitted under the Plan had the cancelled Option not been granted.

                                   ARTICLE 9
                              General Provisions

         Section 9.1  General Restrictions.
                      --------------------

                  (a) No View to Distribute. The Administrator may require each
                      ---------------------
person acquiring shares of Stock pursuant to the Plan, as a condition of
receiving Options, to give written assurances in substance and form satisfactory
to the Company and its counsel to the effect that such person is acquiring the
shares of Stock subject to the Option for his or her own account for investment
and not with any present intention of selling or otherwise distributing the
same, and to such other effects as the Company or its counsel deems necessary or
appropriate to comply with federal and applicable state securities laws. The
certificates for such shares may include any legend which the Administrator
deems appropriate to reflect any restrictions on transfer.

                  (b) Legends. All certificates for shares of Stock delivered
                      -------
under the Plan shall be subject to such stop transfer orders and other
restrictions as the Administrator may deem advisable under the rules,
regulations and other requirements of the Securities and Exchange Commission,
any stock exchange upon which the Stock is then listed and any applicable
federal or state securities laws, and the Administrator may cause a legend or
legends to be put on any such certificates to make appropriate reference to such
restrictions.

         Section 9.2  Other Compensation Arrangements. Nothing contained in the
                      -------------------------------
Plan shall prevent the Board from adopting other or additional compensation
arrangements, subject to stockholder approval if such approval is required; and
such arrangements may be either generally applicable or applicable only in
specific cases.

         Section 9.3  Withholding Taxes.
                      -----------------

                  (a) Withholding Required. Each Participant shall, no later
                      --------------------
than the date as of which the value derived from an Option first becomes
includable in the gross income of the Participant for income tax purposes, pay
to the Company, or make arrangements satisfactory to the Administrator regarding
payment of, any federal, state or local taxes of any kind required by law to be
withheld with respect to the Option or its exercise. The obligations of the
Company under the

                                       6
<PAGE>

Plan shall be conditioned upon such payment or arrangements and the Participant
shall, to the extent permitted by law, have the right to request that the
Company deduct any such taxes from any payment of any kind otherwise due to the
Participant.

                  (b) Withholding Right. The Administrator may, in its
                      -----------------
discretion, grant an Option holder the right (a "Withholding Right") to elect to
make such payment by irrevocably requiring the Company to withhold from shares
issuable upon exercise of the Option that number of full shares of Stock having
a Fair Market Value on the Tax Date (as defined below) equal to the amount (or
portion of the amount) required to be withheld. The Withholding Right may be
granted with respect to all or any portion of the Option.

                  (c) Exercise of Withholding Right. To exercise a Withholding
                      -----------------------------
Right, the Option holder must follow the election procedures set forth below,
together with such additional procedures and conditions as may be set forth in
the related Option Agreement or otherwise adopted by the Administrator:

                      (i)    The Option holder must deliver to the Company his
         or her written notice of election (the "Election") to have the
         Withholding Right apply to all (or a designated portion) of such
         holder's Option.

                      (ii)   Unless disapproved by the Administrator as provided
         in Subsection (iii) below, the Election once made will be irrevocable.

                      (iii)  No Election is valid unless the Administrator
         consents to the Election; the Administrator has the right and power, in
         its sole discretion, with or without cause or reason therefor, to
         consent to the Election, to refuse to consent to the Election, or to
         disapprove the Election; and if the Administrator has not consented to
         the Election on or prior to the date that the amount of tax to be
         withheld is, under applicable federal income tax laws, fixed and
         determined by the Company (the "Tax Date"), the Election will be deemed
         approved.

                  (d) Effect. If the Administrator consents to an Election of a
                      ------
Withholding Right, upon the exercise of the Option (or any portion thereof) to
which the Withholding Right relates, the Company will withhold from the shares
otherwise issuable that number of full shares of Stock having a Fair Market
Value equal to the amount (or portion of the amount, as applicable) required to
be withheld under applicable federal and/or state income tax laws as a result of
the exercise.

         Section 9.4  Indemnification. In addition to such other rights of
                      ---------------
indemnification as they may have as Directors or members of the Committee, and
to the extent allowed by applicable law, each Director shall be indemnified by
the Company against expenses (including attorneys' fees), judgments, fines and
amounts paid in settlement (provided that the settlement has been approved by
the Company, which approval shall not be unreasonably withheld) actually and
reasonably incurred by such Director in connection with any action, suit or
proceeding or in connection with any appeal thereof, to which such Director was
or is a party or is threatened to be made a party to any threatened, pending or
completed action, suit or proceeding, whether civil, criminal, administrative or
executive, by reason of any action taken or failure to act under or in
connection with the Plan or any option granted under the Plan, except in
relation to matters as to which it shall be adjudged in such action, suit or
proceeding that such Director did not act in good faith and in a manner which

                                       7
<PAGE>

such person reasonably believed to be in or not opposed to the best interests of
the Company, and with respect to a criminal action or proceeding, had no
reasonable cause to believe that his or her conduct was unlawful; provided,
however, that within 60 days after institution of any such action, suit or
proceeding, such Director shall, in writing, offer the Company the opportunity
at its own expense to handle and defend such action, suit or proceeding.

         Section 9.5  Loans. The Company may make loans to Optionees as the
                      -----
Administrator, in its discretion, may determine in connection with the exercise
of outstanding Options granted under the Plan. Such loans shall (i) be evidenced
by promissory notes entered into by the holders in favor of the Company; (ii) be
subject to the terms and conditions set forth in this Section 9.5 and such other
terms and conditions, not inconsistent with the Plan, as the Administrator shall
determine; and (iii) bear interest, if any, at such rate as the Administrator
shall determine. In no event may the principal amount of any such loan exceed
the Exercise Price less the par value of the shares of Stock covered by the
Option, or portion thereof, exercised by the Optionee. The initial term of the
loan, the schedule of payments of principal and interest under the loan, the
extent to which the loan is to be with or without recourse against the holder
with respect to principal and applicable interest and the conditions upon which
the loan will become payable in the event of the holder's termination of
engagement as an active consultant shall be determined by the Administrator;
provided, however, that the term of the loan, including extensions, shall not
exceed 10 years. Unless the Administrator determines otherwise, when a loan
shall have been made, shares of Stock having a Fair Market Value at least equal
to the principal amount of the loan shall be pledged by the holder to the
Company as security for payment of the unpaid balance of the loan and such
pledge shall be evidenced by a pledge agreement, the terms of which shall be
determined by the Administrator, in its discretion; provided, however, that each
loan shall comply with all applicable laws, regulations and rules of the Board
of Governors of the Federal Reserve System and any other governmental agency
having jurisdiction.

         Section 9.6  No Right to Continue as a Director. Nothing in the Plan
                      ----------------------------------
or in any Option granted pursuant to the Plan shall confer upon an Option holder
any right to continue to be a Director or interfere in any way with the right of
the Company to terminate such service at any time.

         Section 9.7  No Rights as a Stockholder. An Option holder or a
                      --------------------------
transferee of an Option shall have no rights as a stockholder with respect to
any shares covered by the Options until the date of the issuance of a Stock
certificate to such holder for such shares.

         Section 9.8  Fractional Shares. The Company shall not be required to
                      -----------------
issue any fractional shares of Stock pursuant to the Plan. The Administrator may
provide for the elimination of fractions or for the settlement thereof in cash.

         Section 9.9  Regulatory Matters. Each Option Agreement shall provide
                      ------------------
that no shares shall be purchased or sold thereunder unless and until (i) any
then applicable requirements of state or federal laws and regulatory agencies
shall have been fully complied with to the satisfaction of the Company and its
counsel; and (ii) if required to do so by the Company, the Optionee shall have
executed and delivered to the Company a letter of investment intent in such form
and containing such provisions as the Board or Committee may require. Each grant
of Options shall be subject to the requirement that, if at any time counsel to
the Company shall determine that the listing, registration or qualification of
the shares of Stock subject to such Option upon any securities exchange or under
any state or federal law, or the consent or approval of any governmental or

                                       8
<PAGE>

regulatory body, is necessary as a condition of, or in connection with, the
issuance of shares thereunder, such grant of Options may not be accepted or
exercised in whole or in part unless such listing, registration, qualification,
consent or approval shall have been effected or obtained on conditions
acceptable to such counsel. Nothing herein shall be deemed to require the
Company to apply for or to obtain such listing, registration or qualification.

         Section 9.10 Certain Terminations of Services, Hardship and Approved
                      -------------------------------------------------------
Leaves of Absence. Notwithstanding any other provision of the Plan to the
-----------------
contrary, in the event of termination of services as a Director by reason of
death, Disability, Retirement, or in the event of hardship or other special
circumstances, of an Optionee who holds an Option that is not immediately and
fully exercisable, the Administrator may take any action that it deems to be
equitable under the circumstances or in the best interests of the Company,
including without limitation, waiving or modifying any limitation or requirement
with respect to any Option under the Plan.

         Section 9.11 Foreign Optionees. To facilitate the granting of any
                      -----------------
Option, the Administrator may provide for such special terms for Options granted
to Optionees who are foreign nationals, or who are engaged as consultants to the
Company or any Parent or Subsidiary outside of the United States of America, as
the Administrator may consider necessary or appropriate to accommodate
differences in local law, tax policy or custom. Moreover, the Administrator may
approve such supplements to, or amendments, restatements or alternative versions
of, the Plan as it may consider necessary or appropriate for such purposes
without thereby affecting the terms of the Plan as in effect for any other
purpose and the Secretary or other appropriate officer of the Company may
certify any such document as having been approved and adopted in the same manner
as the Plan; no such supplements, amendments, restatements or alternative
versions shall include provisions that are inconsistent with the terms of the
Plan as then in effect, unless the Plan could have been amended to eliminate
such inconsistency, without approval by the stockholders of the Company.

         Section 9.12 Other Provisions. The Option Agreements authorized under
                      ----------------
the Plan may contain such other provisions not inconsistent with the Plan,
including, without limitation, restrictions upon the exercise of the Options, as
the Administrator may deem advisable.

         Section 9.13 Governing Law. The Plan and all interpretations and
                      -------------
determinations made and actions taken pursuant hereto shall be governed by the
laws of the State of Illinois without regard to the choice of law provisions
thereof.

                                  ARTICLE 10
                            Effective Date of Plan

         The Plan shall become effective on the date on which the Plan is
adopted by the Board or a committee thereof.

                                       9<PAGE>

                                                                    Exhibit 10.4
                           AmericasDoctor.com, Inc.
                              Option Certificate
                          (Nonqualified Stock Option)

         THIS IS TO CERTIFY that AmericasDoctor.com, Inc., a Delaware
corporation (the "Company"), has granted to the person named below a
non-statutory stock option (the "Option") to purchase shares of the Company's
Class A Common Stock, $.001 par value per share (the "Shares"), under its
Amended and Restated 1996 Director Stock Option Plan, as follows:

                  Name of Optionee:

                  Address of Optionee:

                  Number of Shares:

                  Option Exercise Price:

                  Date of Grant:

                  Option Expiration Date:

         Exercise Schedule:  The Option is immediately exercisable in full.

         Summary of Other Terms: This Option is defined in the Stock Option
Agreement (Nonqualified Stock Option) (the "Option Agreement") which is attached
to this Option Certificate (the "Certificate") as Annex I. This Certificate
summarizes certain of the provisions of the Option Agreement for your
information, but is not complete. Your rights are governed by the Option
Agreement, not by this Summary. The Company strongly suggests that you carefully
           ---
review the full Option Agreement prior to signing this Certificate or exercising
the Option.

         Among the terms of the Option Agreement are the following:

         Termination:  The Option terminates on the Option Expiration Date.

         Transfer:  The Option is personal to you, and cannot be sold,
transferred, assigned or otherwise disposed of to any other person, except on
your death. See Paragraph 6.

         Exercise: You can exercise the Option (once it is exercisable), in
whole or in part, by delivering to the Company a Notice of Exercise identical to
Exhibit "A" attached to the Option Agreement, accompanied by payment of the
Exercise Price for the Shares to be purchased. The Company will then issue a
certificate to you for the Shares you have purchased. You are under no
obligation to exercise the Option. See Paragraph 4.

         Anti-dilution Provisions: The Option contains provisions which adjust
your Option to reflect stock splits, stock dividends, mergers and other major
corporate reorganizations which would change the nature of the Shares underlying
your Option. See Paragraph 8.
<PAGE>

         Agreement:  By signing this Certificate, you will be agreeing to all of
the terms of the Option Agreement, including those not summarized in this
Certificate.

         Withholding:  The Company may require you to make any arrangements
necessary to insure the proper withholding of any amount of tax, if any,
required to be withheld by the Company as a result of the exercise of the
Option. See Paragraph 5.

                 [Remainder of page intentionally left blank]

                                       2
<PAGE>

                                   AGREEMENT

         AmericasDoctor.com, Inc., a Delaware corporation (the "Company"), and
the above-named person (the "Optionee") each hereby agrees to be bound by all of
the terms and conditions of the Stock Option Agreement (Nonqualified Stock
Option) which is attached hereto as Annex I and incorporated herein by this
reference as if set forth in full in this document.

DATED:________________________

                                             AmericasDoctor.com, Inc.

                                             By:________________________________
                                                Chief Financial Officer

                                             OPTIONEE

                                             ___________________________________
                                             (Signature)

                                             ___________________________________
                                             (Please print your name exactly as
                                             you wish it to appear on any stock
                                             certificates issued to you upon
                                             exercise of the Option)
<PAGE>

                           AmericasDoctor.com, Inc.
                         Annex I to Option Certificate
                      Nonqualified Stock Option Agreement

         NONQUALIFIED STOCK OPTION AGREEMENT (this "Agreement"), is made and
entered into as of the date of the Option Certificate to which it is attached
(the "Certificate") between the person named in the Certificate ("Optionee") and
AmericasDoctor.com, Inc., a Delaware corporation (the "Company").

                             W I T N E S S E T H:

         WHEREAS, Optionee is a Director of the Company;

         WHEREAS, the execution of a nonqualified stock option agreement in the
form hereof has been duly authorized by a resolution of the Board of Directors
(the "Administrator") of the Company (the date of such authorization, the "Date
of Grant") and incorporated herein by reference; and

         WHEREAS, the option granted hereunder is intended as a nonqualified
stock option and shall not be treated as an "incentive stock option" ("Incentive
Stock Option") within the meaning of that term under Section 422 of the Internal
Revenue Code of 1986, as amended (the "Code").

         NOW, THEREFORE, in consideration of the foregoing and the mutual
agreements herein contained, the parties hereto hereby agree as follows:

         1.    Definitions.  Capitalized terms used and not defined herein shall
               -----------
have the meanings given to them in the Company's Amended and Restated 1996
Director Stock Option Plan (the "Plan"). For the purposes of this Agreement, the
following additional term has the following meaning:

         "Change in Control" means the occurrence of any of the following
events:

                  (i)   The execution by the Company of an agreement for the
         merger, consolidation or reorganization into or with another
         corporation or other legal person; provided, however, that no such
         merger, consolidation or reorganization shall constitute a Change in
         Control if as a result of such merger, consolidation or reorganization
         not less than a majority of the combined voting power of the
         then-outstanding securities of such corporation or person immediately
         after such transaction are held in the aggregate by the holders of
         securities of the Company entitled to vote generally in the election of
         Directors ("Voting Stock") immediately prior to such transaction;

                  (ii)  The execution by the Company of an agreement for the
         sale or other transfer of all or substantially all of its assets to
         another corporation or other legal person; provided, however, that no
         such sale or other transfer shall constitute a Change in Control if as
         a result of such sale or transfer not less than a majority of the
         combined voting power of the then-outstanding securities of such
         corporation or person immediately after such sale or transfer is held
         in the aggregate by the holders of Voting Stock immediately prior to
         such sale or transfer.

                                      I-1
<PAGE>

                  (iii) There is a report filed on Schedule 13D or Schedule
         14D-1 (or any successor schedule, form or report), each as promulgated
         pursuant to the Exchange Act, disclosing or the Company is otherwise
         notified that any person (as the term "person" is used in Section
         13(d)(3) or Section 14(d)(2) of the Exchange Act) has or intends to
         become the beneficial owner (as the term "beneficial owner" is defined
         under Rule 13d-3 or any successor rule or regulation promulgated under
         the Exchange Act) of securities representing 20% or more of the
         combined voting power of the then-outstanding Voting Stock, including,
         without limitation, pursuant to a tender offer or exchange offer;
         provided, however, that the following acquisitions shall not constitute
         a Change in Control: (A) any acquisition directly from the Company that
         is approved by the Incumbent Board (as defined below), (B) any
         acquisition by the Company or (C) any acquisition by any employee
         benefit plan (or related trust) sponsored or maintained by the Company
         or any Subsidiary;

                  (iv)  If, during any period of two consecutive years,
         individuals who at the beginning of any such period constitute the
         Directors of the Company (the "Incumbent Board") cease for any reason
         to constitute at least a majority thereof; provided, however, that for
         purposes of this subsection (iv) each Director who is first elected, or
         first nominated for election by the Company's stockholders, by a vote
         of at least two-thirds of the Directors of the Company (or a committee
         thereof) then still in office who were Directors of the Company at the
         beginning of any such period shall be deemed to have been a Director of
         the Company at the beginning of such period; or

                  (v)   except pursuant to a transaction described in the
         proviso to subsection (i) of this Section 1(b), the Company adopts a
         plan for the liquidation or dissolution of the Company.

         2.    Option. Pursuant to the Plan, the Company hereby grants to
               ------
Optionee an option (the "Option") to purchase that number of shares (the "Option
Shares") of the Company's Stock (the "Common Shares") set forth in the
Certificate, at the price per share set forth in the Certificate (the "Exercise
Price"), and agrees to cause certificates for any Common Shares purchased
hereunder to be delivered to Optionee upon payment in full of the Exercise
Price, subject to the applicable terms and conditions of the Plan and the terms
and conditions hereinafter set forth.

         3.    Vesting of Option Shares.
               ------------------------

               (a)  Unless and until terminated as hereinafter provided, the
Option shall become exercisable (in whole or in part) upon and after the dates
set forth in the Certificate under the caption "Exercise Schedule". To the
extent that the Option shall have so become exercisable, it may be exercised in
whole or in part from time to time.

               (b)  In the event of any Change in Control, the Option shall
become immediately fully exercisable to the extent of 100% of the Option Shares.
Notwithstanding the foregoing, the exercisability of the Option shall not be so
accelerated if and to the extent such Option, in connection with the Change in
Control, remains outstanding, or is assumed by the surviving corporation (or
parent thereof) or substituted with an award with substantially the same terms
by the surviving corporation (or parent thereof).

               The determination of whether a substituted award has
substantially the same terms as the Option shall be made by the Administrator,
and its determination shall be final, binding and

                                      I-2
<PAGE>

conclusive. If the Company and the other party to the transaction constituting a
Change in Control agree that such transaction is to be treated as a "pooling of
interests" for financial reporting purposes, and if such transaction in fact is
so treated, then the acceleration of exercisability shall not occur to the
extent that the Company's independent accountants and such other party's
independent accountants separately determine in good faith that such
acceleration would preclude the use of "pooling of interests" accounting.

               (c)  Notwithstanding the provisions of Section 3(a) above, the
Option shall become immediately exercisable to the extent of 100% of the Option
Shares upon the death or Disability of Optionee.

         4.    Exercises.
               ---------

               (a)  This Option, to the extent exercisable as provided in
Section 3, may be exercised by Optionee by delivery to the Company of (i) an
Exercise Notice in the form attached to this Agreement as Annex A, appropriately
completed and duly executed and dated by Optionee, (ii) payment in full of the
Exercise Price for the number of Option Shares which Optionee is purchasing
hereunder, and (iii) payment in full to the Company of any amounts required to
be paid pursuant to Section 4(c) below.

               (b)  The Exercise Price shall be payable (i) in cash or a cash
equivalent, (ii) by transfer to the Company of Common Shares, which shall be
valued at Fair Market Value on the date of exercise, that have been owned by
Optionee for the requisite period necessary to avoid a charge to the Company's
earnings, (iii) by cancellation of any indebtedness of the Company to Optionee
or (iv) by a combination of any of the foregoing methods of payment. In
addition, payment of the Exercise Price may be effected in whole or in part with
monies received from the Company at the time of exercise as a compensatory cash
payment or to the extent that the Exercise Price exceeds the par value of the
Option Shares, with monies borrowed from the Company in accordance with Section
9.5 of the Plan. The requirement of payment in cash shall be deemed satisfied if
Optionee shall have made arrangements satisfactory to the Company with a broker
who is a member of the National Association of Securities Dealers, Inc. to sell
on the date of exercise a sufficient number of the Common Shares being purchased
so that the net proceeds of the sale transaction will at least equal the
aggregate Exercise Price, plus interest at the applicable federal rate for the
period from the date of exercise to the date of payment, and pursuant to which
the broker undertakes to deliver the aggregate Exercise Price, plus such
interest, to the Company not later than the date on which the sale transaction
will settle in the ordinary course of business. If the Exercise Price is paid by
transfer to the Company of Common Shares that were originally acquired by
Optionee pursuant to the exercise of an Incentive Stock Option and that have not
been owned by the Optionee for more than one year prior to the date of exercise
and for more than two years from the date on which the option was granted, the
Common Shares so transferred will not be treated for tax purposes as shares
acquired pursuant to the exercise of an Incentive Stock Option. The
Administrator may, in its sole and absolute discretion, refuse any tender of
shares of Stock, in which case it shall promptly notify the Optionee and return
to the Optionee any shares tendered.

               (c)  If the Company is required to withhold any federal, state,
local or foreign tax in connection with an exercise of the Option, it shall be a
condition to the exercise that Optionee pay the tax or make provisions that are
satisfactory to the Company for the payment thereof as set forth in Section 5
hereof.

                                      I-3
<PAGE>

               (d)  Following the receipt by the Company of the Exercise
Notice and payment referred to above and upon satisfaction of all conditions to
the exercise of the Option, the Company will issue and deliver to Optionee a
stock certificate or certificate(s) evidencing the Option Shares; provided,
however, that the Company will not be obligated to issue a fraction or fractions
of a Common Share and, in the discretion of the Administrator, may eliminate
such fraction or fractions or may pay to Optionee, in cash or by check, the fair
market value of any fraction or fractions of an Option Share, which fair market
value shall be determined by the Administrator.

         5.    Withholding.
               -----------

               (a)  The Company shall be entitled to require as a condition of
delivery of any Option Shares upon exercise of any Option that the Optionee
agree to remit, at the time of such delivery or at such later date as the
Company may determine, an amount sufficient to satisfy all federal, state and
local withholding tax requirements relating thereto, and Optionee agrees to take
such other action required by the Company to satisfy such withholding
requirements.

               (b)  With the consent of the Administrator, and in accordance
with any rules and procedures from time to time adopted by the Administrator,
Optionee may elect to satisfy his or her obligations under Section 5(a) above by
directing the Company to withhold a portion of Common Shares otherwise
deliverable (a "Withholding Right") or tendering other shares of the Stock which
are already owned by Optionee which in all cases have a Fair Market Value on the
Tax Date equal to the amount of taxes to be paid by such method.

               (c)  To exercise a Withholding Right, the Optionee must follow
the election procedures set forth below, together with such additional
procedures and conditions set forth in this Option Agreement or otherwise
adopted by the Administrator:

                  (i)   the Optionee must deliver to the Company his or her
         written notice of election (the "Election") and specify whether all or
         a stated percentage of the applicable taxes will be paid in accordance
         with Section 5(b) above and whether the amount so paid shall be made in
         accordance with the "flat" withholding rates for supplemental wages or
         as determined in accordance with Optionee's Form W-4 (or comparable
         state or local form);

                  (ii)  unless disapproved by the Administrator as provided in
         Subsection (iii) below, the Election once made will be irrevocable; and

                  (iii) no Election is valid unless the Administrator has the
         right and power, in its sole discretion, with or without cause or
         reason therefor, to consent to the Election, to refuse to consent to
         the Election, or to disapprove the Election; and if the Administrator
         has not consented to the Election on or prior to the Tax Date, the
         Election will be deemed approved.

         6.    No Transfer of Option. The Option may not be transferred except
               ---------------------
by will or the laws of descent and distribution and may not be exercised during
the lifetime of Optionee except by Optionee or Optionee's guardian or legal
representative acting on behalf of Optionee in a fiduciary capacity under state
law and court supervision.

         7.    Limitations on Exercise of Option. Notwithstanding any other
               ---------------------------------
provision of this Agreement, no shares of Stock shall be purchased or sold
hereunder unless and until (a) any then

                                      I-4
<PAGE>

applicable requirements of state or federal laws and regulatory agencies shall
have been fully complied with to the satisfaction of the Company and its counsel
and (b) if required to do so by the Company, the Optionee shall have executed
and delivered to the Company a letter of investment intent in such form and
containing such provisions as the Board or Committee may require.

         8.    Adjustments.
               -----------

               (a)  The Administrator may make or provide for such adjustments
in the number and kind of Option Shares (including shares of another issuer) and
in the Exercise Price, as the Administrator may in good faith determine to be
equitably required in order to prevent dilution or expansion of the rights of
Optionee that otherwise would result from (i) any stock dividend, stock split,
combination of shares, recapitalization or other change in the capital structure
of the Company, or (ii) any merger, consolidation, spin-off, spin-out,
split-off, split-up, reorganization, partial or complete liquidation or other
distribution of assets, issuance of warrants or other rights to purchase
securities or any other corporate transaction or event having an effect similar
to any of the foregoing.

               (b)  In the event of any such transaction or event, the
Administrator may provide in substitution for the Option such alternative
consideration as it may in good faith determine to be equitable under the
circumstances and may require in connection therewith the surrender of the
Option.

         9.    No Right to Continue as a Director. No provision of this
               ----------------------------------
Agreement shall confer upon Optionee any right to continue to be engaged as a
Director of the Company, a Parent or any Subsidiary or limit in any way
whatsoever any right that the Company, a Parent or any Subsidiary may have to
terminate such service of Optionee at any time.

         10.   No Rights as a Stockholder. The holder of this Option shall not
               --------------------------
be, nor have any of the rights or privileges of, a holder of Common Shares in
respect of any Option Shares unless and until certificates representing such
shares have been issued by the Company to such holder.

         11.   Required Holding Period. Notwithstanding the provisions of
               -----------------------
Section 3(b), to the extent necessary for the Option, its exercise or the sale
of Option Shares acquired thereunder to be exempt from Section 16(b) of the
Exchange Act, (a) such Option shall be held at least six months following the
Date of Grant, or (b) at least six months shall elapse from the Date of Grant to
the date of disposition of the Option Shares acquired upon exercise of the
Option.

         12.   Severability. In the event that one or more of the provisions of
               ------------
this Agreement shall be invalidated for any reason by a court of competent
jurisdiction, any provision so invalidated shall be deemed to be separable from
the other provisions hereof, and the remaining provisions hereof shall continue
to be valid and fully enforceable.

         13.   Governing Law. This Agreement is made under, and shall be
               -------------
construed in accordance with, the laws of the State of Illinois without regard
to the choice of law provisions thereof.

                 [Remainder of page intentionally left blank]

                                      I-5
<PAGE>

         This Agreement is executed by the Company as of the date first written
above.

                                                AmericasDoctor.com, Inc.

                                                By _____________________________
                                                Name:  David R. Adamoli
                                                Title: Chief Financial Officer

         The undersigned Optionee hereby acknowledges receipt of an executed
original of this Nonqualified Stock Option Agreement and the Plan and accepts
the Option subject to the applicable terms and conditions of the Plan and the
terms and conditions hereinabove set forth.

         The Optionee acknowledges that he or she has been advised that the
shares of Stock covered by this Agreement have not been registered under the
Securities Act of 1933, as amended (the "Act"), and agrees that he or she will
not make any disposition of such shares unless either (a) such shares have been
registered under said Act or (b) an exemption from the registration provisions
of said Act is applicable to the Optionee's proposed disposition of such shares.
The Optionee understands that the certificates for such shares may bear a legend
substantially as follows:

         "The shares evidenced by this Certificate have not been registered
         under the Securities Act of 1933. Such shares may not be sold or
         otherwise transferred until the same have been registered under said
         Act or until the Company shall have received an opinion of legal
         counsel or a copy of a letter from the staff of the Division of
         Corporation Finance of the Securities and Exchange Commission, in
         either case satisfactory to the Company, that such shares may legally
         be sold or otherwise transferred without such registration."

                                             ___________________________________
                                                            Optionee

                                             Name: _____________________________

                                      I-6
<PAGE>

                                    ANNEX I
                                      to
                      Nonqualified Stock Option Agreement
                      -----------------------------------

                            Form of Exercise Notice
                            -----------------------

         Pursuant to the enclosed Nonqualified Stock Option Agreement between
the undersigned and AmericasDoctor.com, Inc., a Delaware corporation (the
"Company"), the undersigned hereby elects to exercise his option as follows:

         (a)   Number of shares purchased: ______

         (b)   Total purchase price ((a) x  Exercise Price): $______

         Please issue a single certificate for the shares being purchased in the
name of the undersigned. The registered address on such certificate should be:

                        _______________________________

                        _______________________________

The undersigned's social security number is: ______________________.

Date: ______________________                  ________________________________
                                                          Optionee

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