Document:

Exhibit 10.26
                                  -------------

          1997 Director Stock Compensation and Option Plan Certificate

                             ESCALADE, INCORPORATED

                           Non-Qualified Stock Option

Escalade, Incorporated, an Indiana Corporation with its principal place of
business in Evansville, Indiana, hereby grants to the Director named below an
option to purchase, in accordance with and subject to the terms and restrictions
of the Escalade, Incorporated 1997 Director Stock Compensation and Option Plan,
the number of shares of the Common Stock of Escalade, Incorporated at the price
set forth herein as follows:

Director        _______________________

Number of Shares on which Option is Granted: ____________

Option Price per Share:    $___________

Date of Grant:    ______________
Expiration Date:  ______________

This option is exercisable 100% after _____________, and until expiration.

Participation in this Plan is open to all members of the Board of Directors of
the Company, whether or not they are salaried officers or employees of the
company or any subsidiary. The option shall be subject to the terms and
conditions of Article (5) of the plan.

This Plan is intended to be self-governing and requires no discretionary action
by any administrative body with respect to any transaction under the Plan. All
grants of options to directors under the Plan shall be automatic and
non-discretionary and shall be made strictly in accordance with the terms of the
Plan. To the extent, if any, that questions of administration arise, they shall
be resolved by the entire Board of Directors.

The Company shall be entitled to withhold the amount of any tax attributable to
any shares deliverable under the Plan after giving the person entitled to
receive such delivery notice as far in advance as practicable and the Company
may defer making delivery, if any such tax is payable, until indemnified to its
satisfaction.

The Board of Directors may suspend or terminate the Plan at any time and may
amend it from time to time in such respects as the Board of Directors may deem
advisable in order that any grants thereunder shall conform to, or otherwise
reflect, any change in applicable laws or regulations; or to permit the Company
or its directors to enjoy the benefits of any change in applicable laws or
regulations; provided, however, that no amendment shall be made without Share
Owner approval, which increases the number of shares reserved for issuance
hereunder. No such amendment, suspension or termination shall impair the rights
of directors under any outstanding options.

                                       ESCALADE, INCORPORATED

                                       /s/ C. W. (BILL) REED
                                       -----------------------------------------
                                       C. W. (Bill) Reed, President, CEO

                                       59Exhibit 10.27
                                  -------------

                  1997 Incentive Stock Option Plan Certificate

                             ESCALADE, INCORPORATED
                             Incentive Stock Option

Escalade, Incorporated, an Indiana Corporation with its principal place of
business in Evansville, Indiana, hereby grants to the option grantee named below
an option to purchase, in accordance with, and subject to the terms and
restrictions of the Escalade, Incorporated 1997 Incentive Stock Option Plan and
of this option, the number of shares of the Common Stock of Escalade,
Incorporated at the price set forth herein as follows:

Option grantee   ______________

Number of Shares on which Option
    is Granted ____________                Option Price per Share $___________

Date of Grant  ____________                Expiration of Option   ____________

Once vested, exercise rights remain in effect until the sooner of the expiration
date or 90 days following termination of employment.

This option shall be personal to the option grantee, and shall be non-assignable
and non-transferable otherwise than by will and by the law of descent and
distribution. In case of termination of employment, see Article (9) of the plan.

If the issue or transfer of the stock covered by this option may in the opinion
of Escalade, Incorporated conflict or be inconsistent with any applicable
Federal or State Securities law or regulation, the Company reserves the right to
refuse to transfer said stock until such conflict or inconsistence is resolved.

                                        ESCALADE, INCORPORATED
                                        By The Stock Option Committee

I hereby accept the above option to purchase shares of the Common Stock of
Escalade, Incorporated in accordance with and subject to the terms and
restrictions of the Escalade, Incorporated 1997 Incentive Stock Option Plan,
with which I am familiar, and agree to be bound thereby and by the actions of
the Stock Option Committee and of the Board of Directors. I also agree that this
option and the Escalade, Incorporated 1997 Incentive Stock Option Plan
constitute an agreement with Escalade, Incorporated and its subsidiaries in
accordance with the terms and provisions thereof. I agree to surrender this
option to the Treasurer of Escalade, Incorporated for cancellation or for
appropriate notation hereon upon exercise of this option in whole or in part, or
upon the happening of any other event which makes this option not exercisable
according to its terms.

Acceptance Date:                              Signature:

                                       60Exhibit 10.28
                                  -------------

                             Escalade, Incorporated
                        Schedule of Director Compensation

         Each director of Escalade, Incorporated currently receives an annual
cash retainer of $6,000, with the exception of the Chairman of the Board who
receives an annual cash retainer of $22,000. The Chairman of the Audit Committee
receives an additional fee of $2,000 and the Chairman of the Compensation
Committee receives an additional fee of $1,000, in consideration of the extra
services required by each of them, respectively, as the chairman of such
committees. In addition, all directors receive $3,000 for each meeting attended
and are reimbursed for their expenses in attending the meetings. Directors who
are employees of the Company receive the same retainer and fees as directors who
are not employees.

         In accordance with the Company's 1997 Director Stock Compensation and
Option Plan which was approved by the Company's shareholders, directors may
elect to defer their director compensation and receive shares of the Company's
common stock instead. Each director who elects to receive shares also is granted
stock options in an amount equal to one half of the shares issued. The exercise
price of those options is based on the closing share price on the first business
day following the Company's annual meeting of shareholders.

                                       61Exhibit 10.29
                                  -------------

                             Escalade, Incorporated
                   Schedule of Executive Officer Compensation

         The compensation for the executive officers of Escalade, Incorporated
consists primarily of base salary, incentive profit sharing bonuses and stock
option grants.

Base Salary

         In general, base salaries are set at the beginning of each year based
upon the Company's income level generated in the prior year, any changes in
level of responsibility and the subjective individual performance review
conducted by the Company's Compensation Committee. The 2005 base salary for Mr.
Reed, the Company's Chief Executive Officer, is $244,000 and for Mr. Frandsen,
the Company's Chief Financial Officer, is $150,000.

Bonuses

         Each of the Company's subsidiaries has an incentive profit sharing plan
where bonuses are primarily based upon the subsidiary's earnings before
interest, taxes and amortization (EBITA) return on equity and EBITA return on
assets. The Company's Compensation Committee establishes target levels for each
of these components for each subsidiary, based upon suggested levels provided by
management. If the target level is met or exceeded, a bonus pool is established
for payment to the subsidiary's employees and an additional 20% is payable to
the Company. The Company in turn distributes such incentive compensation to the
Company's executive officers based upon a predetermined percentage.

Stock Options

         Executive officers of the Company are also eligible to receive grants
of stock options pursuant to the Company's 1997 Incentive Stock Option Plan,
which was approved by the Company's shareholders. The Company's Compensation
Committee makes annual discretionary awards of stock options after consideration
of the performance of both the individual and the Company.

Additional Benefits

         The Company's executive officers are also eligible to participate in
the Company's deferred compensation plan, and earn interest annually on amounts
deferred under that plan. Executive officers also receive Company contributions
to their 401(k) retirement plan and the Company pays group term life insurance
benefits on their behalf.

                                       62Exhibit 4.1

                       AMENDED AND RESTATED

                   CERTIFICATE OF DESIGNATION

              SERIES B CONVERTIBLE PREFERRED STOCK

                      _____________________

                        ($.001 Par Value)
                               of
                  GK INTELLIGENT SYSTEMS, INC.

                 Pursuant to Section 151 of the
        General Corporation Law of the State of Delaware

      GK Intelligent Systems, Inc. filed an Amended and Restated Certificate
of Incorporation with the Secretary of State of Delaware on August 14, 1995 as
further amended on September 2, 1997, May 28, 1998 and March 25, 2002.  On
February 7, 2005, GK Intelligent Systems, Inc. filed a Certificate of
Designation for Series B Convertible Preferred Stock.

      Following is an Amended and Restated Certificate of Designation for
Series B Convertible Preferred Stock.

      GK Intelligent Systems, Inc., a corporation organized and existing under
the General Corporation Law of the State of Delaware (the "Corporation"), DOES
HEREBY CERTIFY:

     FIRST: That pursuant to the authority conferred upon the Board of
Directors by the Amended and Restated Certificate of Incorporation of the
Corporation, the Board of Directors of the Corporation at a meeting of the
Board of Directors on March 1, 2005, adopted the following resolution creating
a series of 1,100,000 shares of Preferred Stock, $.001 par value per share,
designated as Series B Convertible Preferred Stock:

     RESOLVED:  That pursuant to the authority vested in the Board of
                Directors of this Corporation in accordance with the
                provisions of Article FOURTH of its Amended and Restated
                Certificate of Incorporation, as amended, a series of
                Preferred Stock of the Corporation (the "Series B Convertible
                Preferred Stock") be, and it hereby is, created, and that the
                designation and amount thereof and the voting powers,
                preferences and relative, participating, optional and other
                special rights of the shares of the Series B Convertible
                Preferred Stock, and the qualifications, limitations or
                restrictions thereof, shall be as follows:

     Section 1. Designation and Amount. The shares of such series shall be
designated as "Series B Convertible Preferred Stock" and the number of shares
constituting such series shall be 1,100,000. Such number of shares may be
increased or decreased by resolution of the Board of Directors; provided,
however, that no decrease shall reduce the number of shares of Series B
Convertible Preferred Stock to a number less than the number of shares then
outstanding plus the number of shares reserved for issuance upon the exercise
of outstanding options, rights or warrants or upon the conversion of any
outstanding securities issued by the Corporation convertible into Series B
Convertible Preferred Stock.

     Section 2. Dividends.   The holders of shares of Series B Convertible
Preferred Stock shall not be entitled to receive dividends, whether in cash,
property, or shares of the corporation's capital stock.

     Section 3. Voting Rights. The holders of shares of Series B Convertible
Preferred Stock shall have the following voting rights:

          (A) Subject to the provision for adjustment hereinafter set forth,
each share of Series B Convertible Preferred Stock shall entitle the holder
thereof to vote on all matters submitted to a vote of the stockholders of the
Corporation.  Each share of Series B Convertible Preferred Stock shall have
the number of votes equal to the aggregate number of shares of Common Stock
into which each share of Series B Convertible Preferred Stock is convertible.
In the event the Corporation shall at any time declare or pay any dividend on
Common Stock payable in shares of Common Stock or effect a subdivision,
combination of consolidation of the outstanding Common Stock (by
reclassification or otherwise than by payment of a dividend in shares of
Common Stock) into a greater or lesser number of shares of Common Stock, then
in each such case the number of votes per share to which holders of shares of
Series B Convertible Preferred Stock were entitled immediately prior to such
event shall be adjusted by multiplying such number by a fraction, the
numerator of which is the number of shares of Common Stock outstanding
immediately after such event and the denominator of which is the number of
shares of Common Stock that were outstanding immediately prior to such event.

          (B) Except as otherwise provided herein, by law, or in any other
Certificate of Designation creating a series of Preferred Stock or any similar
stock, the holders of shares of Series B Convertible Preferred Stock, the
holders of shares of Common Stock and any other capital stock of the
Corporation having general voting rights shall vote together as one class on
all matters submitted to a vote of stockholders of the Corporation.

     Section 5. Reacquired Shares. Any shares of Series B Convertible
Preferred Stock purchased or otherwise acquired by the Corporation in any
manner whatsoever shall be retired and cancelled promptly after the
acquisition thereof. All such shares shall upon their cancellation become
authorized but unissued shares of Preferred Stock and may be reissued as part
of a new series of Preferred Stock to be created by resolution or resolutions
of the Board of Directors, subject to the conditions and restrictions on
issuance set forth herein.

     Section 6. Liquidation, Dissolution on Winding Up. (A) Upon any
liquidation (voluntary or otherwise), dissolution or winding up of the
Corporation, holders of Series B Convertible Preferred Stock will receive
their pro rata share of the total value of the assets and funds of the
Corporation to be distributed, assuming the conversion of Series B Convertible
Preferred Stock to Common Stock.

         (B) Neither the consolidation, merger or other business combination
of the Corporation with or into any other corporation the sale, lease,
exchange or conveyance of all or any part of the property, assets or business
of the Corporation shall be deemed to be a liquidation, dissolution or winding
up of the Corporation for purposes of this Section 6.

     Section 7. Consolidation, Merger, etc. In case the Corporation shall
enter into any consolidation, merger, combination or other transaction in
which the shares of Common Stock are exchanged for or changed into other stock
or securities, cash and/or any other property, then in any such case the
shares of Series B Convertible Preferred Stock shall at the same time be
similarly exchanged or changed in an amount per share (subject to the
provision for adjustment hereinafter set forth) into which or for which each
share of Common Stock is changed or exchanged. In the event the Corporation
shall at any time declare or pay any dividend on Common Stock payable in
shares of Common Stock, or effect a subdivision, combination or consolidation
of the outstanding Common Stock (by reclassification or otherwise than by
payment of a dividend in shares of Common Stock) into a greater or lesser
number of shares of Common Stock, then in each such case the amount set forth
in the preceding sentence with respect to the exchange or change of shares of
Series B Convertible Preferred Stock shall be adjusted by multiplying such
amount by a fraction the numerator of which is the number of shares of Common
Stock outstanding immediately after such event and the denomination of which
is the number of shares of Common Stock that were outstanding immediately
prior to such event.

     Section 8. No Redemption. The shares of Series B Convertible Preferred
Stock shall not be redeemable.

     Section 9. Amendment. The Amended and Restated Certificate of
Incorporation, as amended, of the Corporation shall not be further amended in
any manner which would materially alter or change the powers, preferences or
special rights of the Series B Convertible Preferred Stock so as to affect
them adversely without the affirmative vote of the holders of at least fifty
percent of the outstanding shares of Series B Convertible Preferred Stock,
voting together as a single class.

     Section 10. Fractional Shares. Series B Convertible Preferred Stock may
be issued in fractions of a share which shall entitle the holder, in
proportion to such holder's fractional shares, to exercise voting rights,
participate in distributions and to have the benefit of all other rights of
holders of Series B Convertible Preferred Stock.

     Section 11. Conversion. The holders of the Series B Convertible Preferred
Stock shall have the following rights with respect to the conversion of the
Series B Convertible Preferred Stock into shares of Common Stock (the
"Conversion Rights"):

          (A)  Conversion.  Subject to and in compliance with the provisions
of this Section 11, any shares of Series B Convertible Preferred Stock may, at
any time after June 1, 2005, at the option of the holder or the Corporation,
be converted into fully paid and nonassessable shares of Common Stock (a
"Conversion").  The number of shares of Common Stock to which a holder of
Series B Convertible Preferred Stock shall be entitled upon a Conversion shall
be the product obtained by multiplying the number of shares of Series B
Convertible Preferred Stock being converted by six hundred and thirty (630),
subject to adjustment as set forth in this Section 11.

          (B)  Mechanics of the Conversion.  Upon a Conversion, the holder  of
Series B Convertible Preferred Stock shall  surrender  the  applicable
certificate  or certificates  therefore,  duly endorsed, at the office of the
Corporation or any transfer  agent  for the  Series B Convertible Preferred
Stock,  and, shall give written notice to the Corporation of the Conversion
and the  number  of  shares  of  Series B Convertible Preferred Stock being
converted.  Thereupon, the Corporation shall promptly issue and deliver to
such holder a certificate or certificates for the number of shares of Common
Stock to which such holder is entitled.

          (C)  Adjustment for Reclassification, Exchange and Substitution.  If
at any  time or  from  time to time  after  the  Common  Stock issuable upon
the conversion of the Series B Convertible Preferred Stock  is changed into
the same or a different  number  of  shares  of any class or  classes  of
stock,  whether  by recapitalization,  reclassification  or  otherwise  (other
than  a  transaction provided  for  elsewhere  in this  Section  11), in any
such event each holder of Series B Convertible Preferred Stock  shall have the
right, but not the obligation, thereafter  to convert  such stock into the
kind and amount of stock and other securities and property  receivable upon
such recapitalization,  reclassification  or other  change by holders of the
maximum number of shares of Common  Stock into which such shares of Series B
Convertible Preferred Stock  could have been converted immediately prior to
such recapitalization, reclassification or change,  all subject to further
adjustment as provided herein or with respect to such other securities or
property by the terms thereof.

          (D)  Reorganizations, Mergers, Consolidations or Sales of Assets.
If at any time or from time to time after the date of  issuance  of the Series
B Convertible Preferred Stock ,  there is a capital  reorganization  of the
Common  Stock (other than a transaction  provided for elsewhere in this
Section 11), as a part of such capital  reorganization,  provision  shall  be
made so that the  holders  of the Series B Convertible Preferred Stock  shall
thereafter  be entitled to receive upon  conversion of the Series B
Convertible Preferred Stock  the number of shares of stock or other
securities or property of the  Corporation  to which a holder of the  number
of  shares  of Common  Stock deliverable   upon   conversion   would  have
been  entitled  on  such  capital reorganization,  subject to adjustment in
respect of such stock or securities by the terms thereof.

         (E)  Fractional Shares.  Any fractional share resulting from the
conversion of the Series B Convertible Preferred Stock may be rounded up to
the nearest whole share at the discretion of the Corporation.

         (F)  Reservation of Stock Issuable Upon Conversion.  The Corporation
shall at all times after June 1, 2005, reserve and keep available out of its
authorized but unissued  shares of Common  Stock,  solely for the purpose of
effecting  the conversion  of the  shares of the Series B Convertible
Preferred Stock ,  such  number of its shares of Common Stock as shall from
time to time be sufficient  to effect the  conversion of all  outstanding
shares of the Series B Convertible Preferred Stock .  If at any time the
number of authorized but unissued shares of Common Stock shall not be
sufficient to effect the  conversion  of all then  outstanding  shares  of the
Series B Convertible Preferred Stock,  the Corporation  will  take such
corporate  action as may,  in the  opinion  of its counsel,  be necessary to
increase its authorized but unissued  shares of Common Stock to such number of
shares as shall be sufficient for such purpose.

     Section 12   Notices.  Any notice required by the provisions of this
Certificate of Designation shall be in writing and shall be deemed
effectively  given:  (i) upon personal delivery to the party to be notified,
(ii) when sent by confirmed telex or facsimile if sent during normal  business
hours of the  recipient;  if not, then on the next business day,  (iii) three
(3) days after having been sent by registered or certified mail, return
receipt requested,  postage prepaid,  or (iv) one (1) day after deposit with a
nationally  recognized  overnight courier, specifying next day delivery,  with
written verification of receipt. All notices shall be addressed to each holder
of record at the address of such holder appearing on the books of the
Corporation.

     Section 13.  No Impairment. The Corporation will not, by amendment of its
Amended and Restated Certificate of  Incorporation, as amended, or through any
reorganization, recapitalization,  transfer of assets, consolidation, merger,
dissolution, issue or sale of securities or any other voluntary action, avoid
or seek to avoid the observance  or  performance  of any of the terms to be
observed  or  performed hereunder by the  Corporation but will at all times in
good faith assist in the carrying  out of all the provisions of this Amended
and Restated Certificate of Designation and in the taking of all such action
as may be necessary or appropriate in order to protect the Conversion Rights
of the holder of the Series B Convertible Preferred Stock  against impairment.

     IN WITNESS WHEREOF, said GK Intelligent Systems, Inc. has caused this
Amended and Restated Certificate of Designation to be signed by its duly
authorized officer this 2nd day of March, 2005.

                                   GK INTELLIGENT SYSTEMS, INC.

                               By   /s/   Gary F. Kimmons
                                   ------------------------------------------
                                   Gary  F. Kimmons,
                                   Chief Executive Officer and President

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