Document:

Exhibit 10.1

                               EXCHANGE AGREEMENT
                               ------------------

         This EXCHANGE AGREEMENT made and entered into this 5th day of September
2004,  by and between the  stockholders  (hereinafter  Stockholders)  of FIT FOR
BUSINESS AUSTRALIA PTY LTD, an Australian corporation, (hereinafter Australian),
with its principal  place of business at 10/27 Mayneview St Milton QLD Australia
4064 and PATIENT DATA CORPORATION,  a Nevada corporation,  (hereinafter "Corp"),
with  its  principal  place of  business  at 1026 W El Norte  Pkwy,  Suite  191,
Escondido, California.92026.

                                   WITNESSETH:

         WHEREAS,  Corp is a public  corporation  with at  least  35  registered
stockholders   owning  of  record  or  beneficially   5,000,000  shares  of  the
corporation's common stock, par value 50.001 per share; and

         WHEREAS, Shareholders desire to obtain equity and management control of
Corp  through  the  exchange  for all of the  issued  and  outstanding  stock in
Australian  for  15,000,000  common  shares and 1,000,000  preferred  Series "A"
shares of Corp,  so that  Australian  will become a wholly owned  subsidiary  of
Corp.

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

         1. REPRESENTATIONS AND WARRANTIES OF SHAREHOLDERS
            ----------------------------------------------

         Shareholders hereby represents and warrants to Corp that:

<PAGE>

                  (a)  Australian,  on the date hereof and at the  Closing  date
hereinafter   provided,   owns  free  and  clear  of  all  liens,   charges  and
encumbrances,  all of those assets appearing on the financial statements for the
year ended June 30.  2004  which are  marked  Exhibit A, and which are  attached
hereto and Incorporated herein by this reference.

                  (b)  Australian  has good and  marketable  title to all of the
property and assets, Set forth in Exhibit A.

                  (c) Australian has no obligations, liabilities or commitments,
contingent  or otherwise,  of a material  nature which are not provided for with
respect to those assets listed on Exhibit A.

                  (d) Since June 30, 2004,  Australian  has had no change in the
nature of the  business of  Australian,  nor in the  financial  condition of the
assets being  conveyed,  other than changes in the usual and ordinary  course of
business,  none of which has been  materially  adverse  and  Australian  has not
incurred any  obligations or liabilities or made any  commitments  other than in
the usual and ordinary course of business.

                  (e)  Australian  is not a defendant,  nor a plaintiff  against
whom a claim has been asserted,  in any litigation,  pending or threatened,  nor
has any material claim  investigation been made or asserted against  Australian,
nor  a  plaintiff  against  whom  a  counterclaim  has  been  asserted,  in  any
litigation,  pending or threatened,  nor are there any proceedings threatened or
pending before any federal,  state or municipal  government,  or any department,
board, body or agency thereof, involving Australian.

                  (f) Australian is not in default in any material respect under
any  agreement  to  which  it is a  party,  nor  in  the  payment  of any of its
obligations.

                                     Page 2
<PAGE>

        2. REPRESENTATIONS AND WARRANTIES OF CORP
           --------------------------------------

         Corp represents and warrants to Shareholders that:

                  (a) Corp is a corporation  duly organized and validly existing
and in good standing  under the laws of the State of Nevada and is not qualified
to transact  business in any other state.  Corp has the corporate power to carry
on its business as now being conducted.

                  (b)  Corp  has an  authorized  capitalization  of  100,000,000
shares,  of which there are issued and  outstanding  5,000,000  shares of common
stock,  par value $0.001 per share,  owned of record or  beneficially by no less
than 35 registered shareholders.  There are 10,000,000 shares of preferred stock
authorized, none of which are issued or outstanding. There are 2,000,000 options
outstanding,  each option  having the right to purchase  one common  share under
terms detailed in Exhibit D. There is no other authorized or outstanding  equity
or debt  securities of Corp of any class,  kind or  character,  and there are no
other  outstanding  subscriptions,  options,  warrants  or other  agreements  or
commitments  obligating Corp to issue any additional shares of its capital stock
of any class, or any options or rights with respect  thereto,  or any securities
convertible into any shares of stock of any class.

                  (c)  Certified  copies of the  Articles of  Incorporation  and
By-Laws of Corp,  which have been  heretofore  furnished  by Corp,  are true and
correct copies, including all amendments thereto.

                  (d) Corp has delivered to Shareholders its unaudited financial
statements which are attached hereto as Exhibit B for the periods ended June 30,
2004 and 2003.  Such  financial  statements  reflect zero  liabilities  and zero
assets.  The  financial  statements of Corp  accurately  set forth the financial
condition  of  Corp as of the  dates  specified,  prepared  in  conformity  with
generally accepted accounting principles consistently applied.

                                     Page 3
<PAGE>

                  (e) Corp has good and marketable  title to its entire property
and assets subject to no mortgage,  pledge,  lien or other encumbrance except as
disclosed in the financial statements attached as Exhibit B.

                  (f) As of the date of the  financial  statements,  Corp has no
obligations, liabilities, or commitments, contingent or otherwise, of a material
nature, except as set forth in the financial statements attached as Exhibit B.

                  (g) Since the date of the aforementioned financial statements,
there has been no  change in the  nature  of the  business  of Corp,  nor in its
financial  condition or  property,  other than changes in the usual and ordinary
course of  business,  none of which has been  materially  adverse,  and Corp has
incurred no obligations or liabilities or made any commitments other than in the
usual and ordinary course of business,  none of which singularly or collectively
are material, except as disclosed in Exhibit B.

                  (h) Corp is not a party to any  employment  contract  with any
officer,  director,  or  stockholder,  or  to  any  lease,  agreement  or  other
commitment,  nor to any pension,  insurance,  profit sharing,  stock purchase or
bonus plan, except as disclosed in Exhibit B.

                  (i) Corp is not a defendant, nor a plaintiff against whom a
counterclaim has been asserted,  in any litigation,  pending or threatened,  nor
has any claim or investigation been made or asserted against Corp, nor are there
any  proceedings  threatened or pending  before any federal,  state or municipal
government,  or any department,  board, body or agency thereof,  involving Corp,
except as disclosed in Exhibit B.

                  (j) Corp is not in default  under any agreement to which it is
a party, nor in the payment of any of its obligations.

                  (k)  Between  the  date of the  financial  statements  and the
closing, Corp

                                     Page 4
<PAGE>

will not have (i) paid or declared any dividends on or made any distributions in
respect of, or issued,  purchased or redeemed,  any of the outstanding shares of
its Corp stock, or issued any additional  shares of its Corp stock, or (ii) made
or authorized any changes in its Articles of Incorporation,  or in any amendment
thereto,  or in its By-Laws,  or (iii) made any commitments or  disbursements or
incurred any obligations or liabilities  which are not in the usual and ordinary
course of  business,  or (iv)  mortgaged  or pledged or  subjected  to any lien,
charge or other  encumbrance any of its assets,  tangible or intangible,  or (v)
sold,  leased,  or  transferred  or  contracted  to sell,  lease or transfer any
assets, tangible or intangible, or entered into any other transactions,  or (vi)
made any loan or advance to any  stockholder  of Corp,  or to any other  person,
firm,  or  corporation,  or (vii)  made any  change in any  existing  employment
agreement or increased the compensation  payable or made any arrangement for the
payment of any bonus to any officer, director,  employee or agent, except as set
forth in Exhibit B hereof.

                  (1) This Exchange Agreement has been duly executed by Corp, by
its President  who has been duly  authorized to do so by the Board of Directors,
and the execution and  performance of this Exchange  Agreement will not violate,
or  result  in a  breach  of,  or  constitute  a  default  in  its  Articles  of
Incorporation,  any agreement,  instrument,  judgment,  order or decree to which
Corp is a party, or to which Corp or any of its properties are subject, nor will
such  execution and  performance  constitute a violation of or conflict with any
fiduciary duty to which Corp is subject, to the best of Corp knowledge.

                  (m) Corp has timely filed or timely filed necessary extensions
with  the  appropriate  governmental  authorities,  all  tax and  other  returns
required to be filed by it. Such  returns  are true and  complete  and all taxes
shown thereon to be due have been paid.

                  (n) Corp is not in default  with  respect to any order,  writ,
injunction, or decree

                                     Page 5
<PAGE>

of any court of federal,  state,  municipal  or other  governmental  department,
commission, board, bureau, agency or instrumentality,  and there are no actions,
suits,  claims,  proceedings or investigations  pending,  or to the knowledge of
Corp, threatened against or affecting Corp, at law or in equity, or before or by
any  federal,  state,  municipal,  or  other  governmental  court,   department,
commission, board, bureau, agency or instrumentality,  domestic or foreign. Corp
has  complied in all material  respects  with all laws,  regulations  and orders
applicable to its business.

                  (o)  No  representation  or  warranty  in  this  section,  nor
statement in any document,  certificate or schedule furnished or to be furnished
pursuant  to  this  Exchange  Agreement  by  Corp,  or in  connection  with  the
transactions  contemplated hereby, contains or contained any untrue statement of
a material  fact,  nor does or will omit to state a material  fact  necessary to
make any statement of fact contained herein or therein not misleading.

         3.  DATE AND  TIME OF  CLOSING  The  Closing  shall be held on  Friday,
September  10, 2004, at 10:00 a.m.  local time,  at 1026 W El Norte Pkwy,  Suite
191, Escondido,  California,  or at such other time and place as may be mutually
agreed upon between the parties in writing.

         4.  EXCHANGE  OF SHARES OF STOCK The mode of  carrying  into effect the
exchange of stock provided for in this Exchange Agreement shall be as follows:

                  (a)  Corp  shall  call  a  Special  Meeting  of the  Board  of
Directors to be held

                                     Page 6
<PAGE>

on September 10, 2004, at 10:00 a.m. local time, at 1026 W El Norte Pkwy,  Suite
191,  Escondido,  California  92026,  for the  following  purposes:  (i) Ratify,
approve  and  carry  out the terms and  conditions  contained  in this  Exchange
Agreement; (ii) to effect the delivery of 15,000,000 shares of Corp common stock
and  1,000,000  shares of  preferred  Series  "A"  stock,  in  exchange  for the
conveyance of all of the outstanding  capital stock of Australian being conveyed
to Corp, which shall thereafter own the assets subject to the liabilities listed
on Exhibit A attached  hereto.  (iii) To elect Mark  Poulsen as the  Director to
comprise the entire Board. (iv) To change the Company's name to FIT FOR BUSINESS
INTERNATIONAL INC.

         5.  FINDERS  FEES  Both Corp and  Shareholders  agree  that each  party
represents to the other that it will pay any broker or agent,  engaged by it for
the payment of any finders fees, and that neither Corp nor  Australian  shall be
liable for any finders fee of the other party.

         6. NOTICES Any notice under this Exchange  Agreement shall be deemed to
have been  sufficiently  given if sent by registered or certified mail,  postage
prepaid, or other sufficient form of delivery addressed as follows:

                  If to Corp, to:

                  Anthony Ferracone
                  1026 W El Norte Pkwy,
                  Suite 191, Escondido,
                  California.92026

                  If to Shareholders, to:

                  Mark Poulsen
                  10/27 Mayneview St
                  Milton QLD
                  Australia 4064

                                     Page 7
<PAGE>

or to any other  address or addresses  which may  hereafter be designated by the
parties.

         7.  FURTHER  ASSURANCES  Each party  hereto  hereby  agrees to take any
further  action  necessary  or  desirable  to carry out the  provisions  of this
Exchange Agreement.

         8. COUNTERPARTS  This Exchange  Agreement may be executed in any number
of counterparts, each of which when executed and delivered shall be an original,
but all such counterparts shall constitute one and the same instrument.

         9.  MERGER  CLAUSE  This  Exchange   Agreement   supersedes  all  prior
agreements  and  understandings  between  the  parties and may not be changed or
terminated orally, and no attempted change,  termination or waiver of any of the
provisions  hereof shall be binding  unless in writing and signed by the parties
hereto.

         10.  GOVERNING  LAW This  Exchange  Agreement  shall be governed by and
construed according to the laws of the State of Nevada.

         IN WITNESS  WHEREOF,  the parties  hereto  have  caused  this  Exchange
Agreement to be executed the day and year first above written.

                                              PATIENT DATA CORPORATION

                                              By /s/ Anthony Ferracon
                                                --------------------------------
                                                Anthony Ferracone President
                                                (Hereunto duly authorized)

                                              Selling Shareholders

                                              By /s/ Mark Poulson
                                                --------------------------------
                                                Mark Poulson

                                              Holding all of the shares in FIT
                                              FOR BUSINESS AUSTRALIA PTY LTD

                                     Page 8
<PAGE>

Exhibit C

"Corp" Identification of Liabilities, Contingencies and Commitments at closing.

1. Obligations, Liabilities or commitments:         None except as noted in 1(b)
2. Employment contracts with directors, officers    None
   or employees:
3. Litigation pending or threatened:                None

                                     Page 9
<PAGE>

EXHIBIT D

Option Agreements

Company  hereby grant to  Optionees  the right to purchase all or any part of an
aggregate  of  2,000,000  shares of Common  Stock of the  Company  (the  "Option
Shares")  at an  exercise  price (the  "Exercise  Price") per share equal to the
greater of: (a) a 40% discount from the average  closing bid price of the Common
Stock on a public exchange during the ten (10) trading days immediately prior to
exercise of the Option, or (b) $0.50 per share.

Exercisability  of Option.  The Option Shares subject to the Option shall become
purchasable  by the  Optionee,  in whole or in  part,  at any time  prior to the
expiration of the Option, which expiration shall occur on December 31, 2005 (the
"Expiration  Date").  On the Expiration  Date,  this Option and all rights shall
expire and any Option Shares not purchased on or before the Expiration  Date may
not thereafter be purchased hereunder.

     3.  Method of Exercise of Option;  Payment of  Exercise  Price.  The Option
shall be exercisable at any time and from time to time,  prior to the Expiration
Date,  by surrender to the Company of Notice,  which shall state the  Optionee's
election to exercise  this Option and the number of Option  Shares in respect of
which it is being  exercised,  and shall be accompanied by a check in the amount
of the Exercise Price.  Within a reasonable  time following  payment of the full
Exercise  Price by  Optionee,  the  Company  shall  deliver  to the  Optionee  a
certificate  or  certificates   representing  those  shares.  A  certificate  or
certificates for the shares as to which this Option shall have been so exercised
shall be  registered  in the name of the  Optionee  and  shall be  delivered  to
Optionee  at the address of  Optionee  specified  in the Notice or at such other
address as Optionee shall set forth in its Notice.

     4.  Non-Assignability  of Option.  The Option may be exercised  only by the
Optionee and shall not be sold, transferred,  assigned, pledged, hypothecated or
otherwise  disposed of in any way  (whether by  operation  of law or  otherwise)
without the Company's  prior written consent except that Optionee may, solely in
connection  with a  transfer  of all or  substantially  all of its  assets to an
entity or entities  controlled  by  Optionee  ("Affiliate"),  sell,  transfer or
assign all its  interest  in this  Agreement  to such  Affiliate  but only after
giving  the  Company at least ten (10) days  notice in  writing of the  proposed
sale, transfer or assignment.  Any buyer, transferee, or assignee of this Option
shall be bound by and subject to each and every  provision of this Agreement and
shall not sell, transfer,  assign,  pledge,  hypothecate or otherwise dispose of
the Option in any way (whether by operation of law or otherwise).

     5. Limitation of Optionee's Rights. Except as otherwise provided in Section
6  below,  Optionee  shall  not  have  any  of the  rights  or  privileges  of a
shareholder  of the  Company  in  respect of any  Option  Shares  issuable  upon
exercise of this Option unless and until those shares have been paid for in full
and upon  such  payment  in full  Optionee  shall  be  deemed  to be the  record
Optionee.

     6. Anti-Dilution  Provisions. If the Company shall pay a dividend in shares
of its Common Stock,  subdivide (split) its outstanding  shares of Common Stock,
combine  (reverse  split)  its  outstanding  shares  of Common  Stock,  issue by
reclassification of its shares of Common Stock any shares or other securities of
the Company,  or distribute to holders of its Common Stock any securities of the
Company or of  another  entity,  the  number of shares of Common  Stock or other
securities  the  Optionee  is  entitled  to  purchase  pursuant  to this  Option
immediately  prior  thereto  shall be  adjusted  so that the  Optionee  shall be
entitled to receive upon  exercise the number of shares of Common Stock or other
securities  which it would  have owned or would  have been  entitled  to receive
after the  happening of any of the events  described  above had this Option been
exercised  immediately  prior to the  happening of such event,  and the Exercise
Price shall be correspondingly adjusted;  provided,  however, that no adjustment
in the number of shares and/or the Exercise Price shall be required  unless such
adjustment would require an increase or decrease of at least one percent (1%) in
such number and/or price; and provided

                                     Page 10
<PAGE>

further, however, that any adjustments which by reason of this Section 6 are not
required  to be made shall be  carried  forward  and taken  into  account in any
subsequent  adjustment.  An  adjustment  made  pursuant to this  Section 6 shall
become  effective  immediately  after the  record  date in the case of the stock
dividend or other distribution and shall become effective  immediately after the
effective  date in the case of a subdivision,  combination or  reclassification.
The  Optionee  shall be entitled to  participate  in any  subscription  or other
rights  offering made to holders of the Company's  Common Stock to the extent it
would have been  entitled  had this Option been  exercised in the full number of
shares as to which this  Option  remains  unexercised  immediately  prior to the
record date for such rights  offering.  If the Company is consolidated or merged
with or into another  Company or if all or  substantially  all of its assets are
conveyed to another Company, this Option shall thereafter be exercisable for the
purchase  of the kind and  number  of  shares  of stock or other  securities  or
property, if any, receivable upon such consolidation, merger or conveyance by an
Optionee of the number of shares of Common Stock of the Company which could have
been  purchased  on the  exercise  of  this  Option  immediately  prior  to such
consolidation,  merger  or  conveyance;  and,  in  any  such  case,  appropriate
adjustment  (as  determined  by the  Board  of  Directors)  shall be made in the
application  of the  provisions  herein set forth with respect to the rights and
interests  thereafter of the Optionee to the end that the  provisions  set forth
herein (Including provisions with respect to changes in and other adjustments of
the number of shares of Common Stock the Optionee is entitled to purchase) shall
thereafter be  applicable,  as nearly as possible,  in relation to any shares of
Common Stock or other securities or other property  thereafter  deliverable upon
the  exercise of this  Option.  Upon any  adjustment  of the number of shares of
Common Stock or other  securities  the Optionee is entitled to purchase,  and of
any change in  Exercise  Price,  then in each such case the  Company  shall give
written  notice  thereof  to the then  registered  holder of this  Option at the
address of such  Optionee  as shown on the books of the  Company,  which  notice
shall  state  such  change  and set forth in  reasonable  detail  the  method of
calculation and the facts upon which such calculation is based. Each such notice
shall be accompanied by a statement of the firm of independent  certified public
accountants  retained to audit the  financial  statements  of the Company to the
effect that such firm concurs in the Company's calculation of the change.

    7. Piggyback  Registration  Rights. If the Company at any time from the date
of the issuance of the Option through the Expiration Date,  proposes to register
any of its securities  under the Securities Act for sale to the public,  whether
for its own account or for the account of other security holders or both (except
with respect to  registration  statements  on Forms S-4,  S-8 and any  successor
forms thereto), each such time it will give written notice to such effect to the
Optionee at least 30 days prior to such filing.  Upon the written request of the
Optionee  received  by the  Company  within 20 days after the giving of any such
notice by the Company to  register  any of shares of Common  Stock,  the Company
will cause the shares of Common Stock as to which  registration  shall have been
so requested to be Included in the securities to be covered by the  registration
statement  proposed to be filed by the  Company,  all to the extent  required to
permit the sale or other  disposition  by the  Optionee of such shares of Common
Stock so  registered.  Notwithstanding  the  foregoing,  in the  event  that any
registration  pursuant  to this  Section  7 shall  be,  in whole or in part,  an
underwritten  public  offering of Common  Stock,  the number of shares of Common
Stock to be included in such an underwriting  may be reduced (pro rata among the
requesting  Optionees) and the other selling stockholders (based upon the number
of shares of Common  Stock  requested  to be  registered  by them) if and to the
extent that the  managing  underwriter  shall be of the good faith  opinion that
such  inclusion  would  adversely  affect the  success of such an  underwriting,
provided, that such number of shares of Common Stock shall not be reduced if any
shares of Common Stock are to be included in such  underwriting  for the account
of any person other than the Company or requesting Optionees of shares of Common
Stock.  In  the  event  of  such a  reduction,  the  Company  agrees  to  file a
registration  statement for the resale of the shares  underlying this Option not
included in such underwritten  offering within ninety (90) days of the date that
the underwritten  offering is declared  effective by the Securities and Exchange
Commission.  Notwithstanding the foregoing provisions,  the Company may withdraw
any  registration  statement  referred  to in this  Section  7  without  thereby
incurring any liability to the Optionees of shares of Common Stock.

                                     Page 11Exhibit 10.2

                             STOCK OPTION AGREEMENT
                             ----------------------

         AGREEMENT,  dated  as of July  25,  2004 by and  between  Patient  Data
Corporation,  a Nevada Company with its principal place of business at 1026 W El
Notre Pkwy,  Suite 191,  Escondido,  CA 92026 (the  "Company") and , Fort Street
Equity, (the "Optionee").

                   WITNESSETH:

         WHEREAS, the parties have agreed, under a subscription  agreement dated
July 24, 2004 to grant this option (the "Option") to the Optionee to purchase up
to 2,000,000  shares of the Company's  common  stock,  par value $.001 per share
(the  "Common  Stock") at an  exercise  price and upon the terms and  conditions
hereinafter set forth.

         NOW,  THEREFORE,  in consideration  of the mutual  covenants  contained
herein, the parties hereto agree as follows:

     1. Grant of Option.  Subject to all the terms and  conditions  hereof,  the
Company  hereby  grants to Optionee  the right to purchase all or any part of an
aggregate  of  2,000,000  shares of Common  Stock of the  Company  (the  "Option
Shares")  at an  exercise  price (the  "Exercise  Price") per share equal to the
greater of: (a) a 40% discount from the average  closing bid price of the Common
Stock on a public exchange during the ten (10) trading days immediately prior to
exercise of the Option, or (b) $0.50 per share.

     2.  Exercisability of Option. The Option Shares subject to the Option shall
become  purchasable  by the Optionee,  in whole or in part, at any time prior to
the expiration of the Option,  which expiration shall occur on December 31, 2005
(the  "Expiration  Date").  On the Expiration  Date,  this Option and all rights
hereunder  shall  expire and any Option  Shares not  purchased  on or before the
Expiration Date may not thereafter be purchased hereunder. In the event Optionee
fails to exercise the Option on or prior to the Expiration Date, then the Option
as to all Option  Shares not exercised  shall expire and Optionee  shall have no
rights with respect to such remainder of the Option or the Option Shares.

     3.  Method of Exercise of Option;  Payment of Exercise  Price.  This Option
shall be exercisable at any time and from time to time,  prior to the Expiration
Date, by surrender to the Company of the notice (the "Notice")  attached  hereto
as Exhibit "A". The Notice shall state the Optionee's  election to exercise this
Option  and the  number  of  Option  Shares  in  respect  of  which  it is being
exercised,  and shall be  accompanied  by a check in the amount of the  Exercise
Price.  Within a reasonable time following payment of the full Exercise Price by
Optionee,   the  Company  shall  deliver  to  the  Optionee  a  certificate   or
certificates  representing  those shares.  A certificate or certificates for the
shares as to which this Option shall have been so exercised  shall be registered
in the name of the Optionee and shall be delivered to Optionee at the address of
Optionee  specified in the Notice or at such other address as Optionee shall set
forth in its Notice.

     4.  Non-Assignability  of Option.  This Option may be exercised only by the
Optionee and shall not be sold, transferred,  assigned, pledged, hypothecated or
otherwise  disposed of in any way  (whether by  operation  of law or  otherwise)
without the Company's  prior written consent except that Optionee may, solely in
connection  with a  transfer  of all or  substantially  all of its  assets to an
entity or entities  controlled  by  Optionee  ("Affiliate"),  sell,  transfer or
assign all its  interest  in this  Agreement  to such  Affiliate  but only after
giving  the  Company at least ten (10) days  notice in  writing of the  proposed
sale, transfer or assignment.  Any buyer, transferee, or assignee of this Option
shall be bound by and subject to each and every  provision of this Agreement and
shall not sell, transfer, assign, pledge, hypothecate or otherwise dispose of

<PAGE>

the Option in any way (whether by operation of law or otherwise).

     5. Limitation of Optionee's Rights. Except as otherwise provided in Section
6, Optionee  shall not have any of the rights or privileges of a shareholder  of
the  Company in respect of any Option  Shares  issuable  upon  exercise  of this
Option  unless and until  those  shares have been paid for in full and upon such
payment in full Optionee shall be deemed to be the record Optionee.

     6. Anti-Dilution  Provisions. If the Company shall pay a dividend in shares
of its Common Stock,  subdivide (split) its outstanding  shares of Common Stock,
combine  (reverse  split)  its  outstanding  shares  of Common  Stock,  issue by
reclassification of its shares of Common Stock any shares or other securities of
the Company,  or distribute to holders of its Common Stock any securities of the
Company or of  another  entity,  the  number of shares of Common  Stock or other
securities  the  Optionee  is  entitled  to  purchase  pursuant  to this  Option
immediately  prior  thereto  shall be  adjusted  so that the  Optionee  shall be
entitled to receive upon  exercise the number of shares of Common Stock or other
securities  which it would  have owned or would  have been  entitled  to receive
after the  happening of any of the events  described  above had this Option been
exercised  immediately  prior to the  happening of such event,  and the Exercise
Price shall be correspondingly adjusted;  provided,  however, that no adjustment
in the number of shares and/or the Exercise Price shall be required  unless such
adjustment would require an increase or decrease of at least one percent (1%) in
such number and/or price; and provided  further,  however,  that any adjustments
which by reason of this  Section 6 are not  required to be made shall be carried
forward and taken into account in any subsequent adjustment.  An adjustment made
pursuant to this Section 6 shall become effective  immediately  after the record
date in the case of the stock  dividend or other  distribution  and shall become
effective  mmediately  after the  effective  date in the case of a  subdivision,
combination or  reclassification.  The Optionee shall be entitled to participate
in any  subscription  or other rights  offering made to holders of the Company's
Common  Stock to the extent it would have been  entitled  had this  Option  been
exercised  in the  full  number  of  shares  as to  which  this  Option  remains
unexercised  immediately  prior to the record date for such rights offering.  If
the Company is  consolidated or merged with or into another Company or if all or
substantially  all of its assets are  conveyed to another  Company,  this Option
shall  thereafter  be  exercisable  for the  purchase  of the kind and number of
shares of stock or other  securities or property,  if any,  receivable upon such
consolidation,  merger or  conveyance  by an Optionee of the number of shares of
Common Stock of the Company  which could have been  purchased on the exercise of
this Option immediately prior to such consolidation,  merger or conveyance; and,
in any  such  case,  appropriate  adjustment  (as  determined  by the  Board  of
Directors)  shall be made in the application of the provisions  herein set forth
with respect to the rights and  interests  thereafter of the Optionee to the end
that the  provisions  set forth  herein  (including  provisions  with respect to
changes in and other  adjustments  of the  number of shares of Common  Stock the
Optionee is entitled to purchase) shall  thereafter be applicable,  as nearly as
possible, in relation to any shares of Common Stock or other securities or other
property  thereafter  deliverable  upon the  exercise of this  Option.  Upon any
adjustment  of the  number of shares of  Common  Stock or other  securities  the
Optionee is entitled to purchase,  and of any change in Exercise Price,  then in
each such  case the  Company  shall  give  written  notice  thereof  to the then
registered holder of this Option at the address of such Optionee as shown on the
books of the  Company,  which  notice  shall  state such change and set forth in
reasonable  detail  the  method of  calculation  and the facts  upon  which such
calculation  is based.  Each such notice shall be  accompanied by a statement of
the firm of  independent  certified  public  accountants  retained  to audit the
financial  statements of the Company to the effect that such firm concurs in the
Company's calculation of the change.

                                     Page 2
<PAGE>

   7. Piggyback  Registration Rights. If the Company at any time from the ate of
the issuance of this Option  through the Expiration  Date,  proposes to register
any of its  securities  under the ecurities Act for sale to the public,  whether
for its own account or for the account of other security holders or both (except
with respect to  registration  statements  on Forms S-4,  S-8 and any  successor
forms thereto), each such time it will give written notice to such effect to the
Optionee at least 30 days prior to such filing.  Upon the written request of the
Optionee  received  by the  Company  within 20 days after the giving of any such
notice by the Company to  register  any of shares of Common  Stock,  the Company
will cause the shares of Common Stock as to which  registration  shall have been
so requested to be included in the securities to be covered by the  registration
statement  proposed to be filed by the  Company,  all to the extent  required to
permit the sale or other  disposition  by the  Optionee of such shares of Common
Stock so  registered.  Notwithstanding  the  foregoing,  in the  event  that any
registration  pursuant  to this  Section  7 shall  be,  in whole or in part,  an
underwritten  public  offering of Common  Stock,  the number of shares of Common
Stock to be included in such an underwriting  may be reduced (pro rata among the
requesting  Optionees) and the other selling stockholders (based upon the number
of shares of Common  Stock  requested  to be  registered  by them) if and to the
extent that the  managing  underwriter  shall be of the good faith  opinion that
such  inclusion  would  adversely  affect the  success of such an  underwriting,
provided, that such number of shares of Common Stock shall not be reduced if any
shares of Common Stock are to be included in such  underwriting  for the account
of any person other than the Company or requesting Optionees of shares of Common
Stock.  In  the  event  of  such a  reduction,  the  Company  agrees  to  file a
registration  statement for the resale of the shares  underlying this Option not
included in such underwritten  offering within ninety (90) days of the date that
the underwritten  offering is declared  effective by the Securities and Exchange
Commission.  Notwithstanding the foregoing provisions,  the Company may withdraw
any  registration  statement  referred  to in this  Section  7  without  thereby
incurring any liability to the Optionees of shares of Common Stock.

     8. Purchase for Investment.  The Optionee represents and agrees that if the
Optionee exercises this Option, in whole or in part, then those Option Shares so
acquired will be acquired for the purpose of  investment  and not with a view to
their resale or distribution and upon each exercise of this Option, the Optionee
will furnish to the Company a written statement to that effect,  satisfactory in
form and  substance to the Company and its  counsel.  Optionee  understands  and
acknowledges  that the shares to be  acquired  pursuant  to this  Option will be
"restricted  securities"  as such term is defined  under the  Securities  Act of
1933, as amended (the "Act") and accordingly will bear a legend  indicating such
restrictions.

     9. Representations and Warranties of Optionee. As a condition to receipt of
the Option and for other good and  valuable  consideration,  receipt of which is
hereby  acknowledge,  the  Optionee  represents  and  warrants to the Company as
follows:
               (I) Optionee  acknowledges that the Company is a evelopment stage
company with no  significant  operating  history and that there are  significant
risks  associated  with the Company's  business.  Accordingly,  the value of the
Option and the Option Shares will be based upon the Company's development of its
business which is subject to significant risks; and
               (II) Optionee  understands  that the Option and the Option Shares
(issuable  upon  exercise  of the  Option)  are being  offered and sold under an
exemption from registration provided by Section 4 of the Act and the regulations
promulgated thereunder, as well as applicable State law exemptions, and warrants
and  represents  that the Option and the Option  Shares are being or will be (in
the case of the  Option  Shares)  acquired  by the  undersigned  solely  for the
undersigned's  own account,  for  investment  purposes  only,  and are not being
purchased  with the intent or view to resell the Option or the Option  Shares or
for  the  resale,   distribution,   subdivision  or  fractionalization  thereof.
Consequently,  the undersigned must bear the economic risk of the investment for
an indefinite period of time because the Option and the Option

                                     Page 3
<PAGE>

Shares cannot be resold or otherwise transferred unless subsequently  registered
under  the Act  and  qualified  under  applicable  State  law or an  opinion  of
qualified  counsel  that  indicates  an  exemption  from   registration   and/or
qualification is available.

     10. Notices. Any notice to be given under the terms of this Option shall be
in writing and addressed to the Company at the Company's then-present address or
to Optionee at the address provided  herein,  or at such other address as either
party may  hereafter  designate  in writing  to the  other.  Any notice or other
communication given hereunder shall have been deemed duly given when enclosed in
a properly sealed envelope addressed as aforesaid,  registered or certified, and
deposited  postage prepaid in a post office or branch post office or, in person,
when so delivered, or by overnight courier providing evidence of receipt.

     11. Representations of Company. The Company represents:  (i) the execution,
delivery and performance of this Agreement has been duly authorized by the Board
of  Directors  of  the  Company;  (ii)  the  consummation  of  the  transactions
contemplated  by this  Agreement will not violate any provision of the Company's
Certificate of Incorporation or Bylaws;  and (iii) no consent of any third party
including, without limitation,  federal or state regulatory agencies is required
for execution and performance of this Agreement by the Company.

     12.  Governing  Law.  This  Agreement  shall be deemed to be made under and
shall be  construed  in  accordance  with the laws of the  State of New York and
applicable Federal law without regard to conflict of law principles.

     13. Successors and Assigns.  This Agreement shall be binding upon and inure
to the benefit of the parties  hereto and their legal  successors  and permitted
assigns.

     14. Entire Understanding;  Masculine / Feminine. This Agreement constitutes
the entire  understanding  of the  parties  and shall not be  amended  except by
written agreement between the parties.  As used herein. the masculine form shall
include the feminine and viceversa, as the context shall require.

         IN WITNESS WHEREOF,  the parties hereto have executed this Agreement as
of the day and year first above written.

                                Patient Data Corporation

                                By: s/s Patient Data Corporation
                                   ---------------------------------
                                   Patient Data Corporation

                                Fort Street Equity.

                                By: s/s Fort Street Equity
                                   ---------------------------------
                                   Fort Street Equity

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