Document:

STATE OF TEXAS
                               KNOW ALL MEN BY THESE PRESENTS
COUNTY OF NUECES

         WHEREAS, by instrument ("Lease") dated March 27, 2000, the Port of
Corpus Christi Authority of Nueces County, Texas ("Authority"), leased to Corpus
Christi Day Cruise, L.L.C., ("Lessee"), a 6.0 acre tract of land in Nueces
County, Texas, which is completely described in the Lease, for a primary term of
five (5) years, beginning March 27, 2000, and expiring March 26, 2005; and

         WHEREAS, both parties wish to amend the Lease to increase the number of
acres included in the Leased Premises; and

         NOW THEREFORE, FOR GOOD AND VALUABLE CONSIDERATION, the sufficiency and
receipt of which is acknowledged by both parties hereto, and in further
consideration of the mutual, covenants and obligations contained herein,
Authority and Lessee do hereby agree as follows:

         1. The lease is hereby amended as follows:

         A. Section 1.01 is deleted in its entirety and replaced with the
following new Section 1.01:

         Section 1.01 Description of Premises and Term

         Authority, in consideration of the rents to be paid and the terms,
covenants and conditions hereinafter set forth, hereby leases to Lessee real
property situated in Nueces County, Texas, which is described as follows:

         A tract of 8.55 acres of land, more or less, an easement for an access
         road, and Harbor Island Dock 2, which tract, easement and dock are
         particularly depicted and/or described by the plat shown on Exhibit A
         attached hereto, which exhibit is incorporated herein by reference, and
         all improvements constructed or to be constructed thereon under the
         terms of this agreement (hereinafter called "Leased Premises").

         TO HAVE AND TO HOLD the Leased Premises for a primary term of five
(5) years, beginning on the date of execution of this lease agreement, and
(subject to earlier termination as herein provided) ending at Midnight, Central
Time, five (5) years thereafter.

         B. The first paragraph of Section 3.01 is deleted in its entirety and
replaced with the following new first paragraph of Section 3.01

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<PAGE>

         Subject to adjustments provided for herein, Lessee agrees to pay to
Authority at its offices in Corpus Christi, Texas, an annual rental for the
Leased Premises payable in equal monthly installments in advance, on or before
the first day of each and every month during the term of this lease to be
calculated so as to bring to authority an annual rental equal to eight percent
(8%) of the value of the Leased Premises. Value is that value per acre (or in
some instances, per square foot) placed on the Leased Premises by Authority. For
the purpose of fixing annual rental for the first five (5) years of this lease,
the value of the Leased Premises is placed at Eighty Thousand and NO/100 Dollars
($80,000.00) per acre and the annual rental based thereon is the sum of
Fifty-Four Thousand Seven Hundred Twenty and NO/100 Dollars ($54,720.00),
payable in monthly installments of Four Thousand Five Hundred Sixty and NO/100
Dollars ($4,560.00).

         C. Exhibit A is deleted in its entirety and replaced with the new
Exhibit A attached to this Amendment of Lease.

2. This agreement shall be binding on the successors and assigns of the parties
hereto.

3. All other terms and conditions of the Lease not hereby changes or modified,
shall remain the same as written in the Lease.

         Executed in duplicate originals effective the 9th day of May, 2000.

                                        PORT OF CORPUS CHRISTI AUTHORITY
                                        OF NUECES COUNTY, TEXAS

                                        By: /s/ John P. LaRue
                                           -----------------------------------
                                           John  P. LaRue
                                           Exective Director

                                        "Authority"

                                        CORPUS CHRISTI DAY CRUISE, L.L.C.

                                        By:
                                           --------------------------------

                                        Title:
                                              -----------------------------

                                        "Lessee"

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<PAGE>

STATE OF TEXAS

COUNTY OF NUECES

         This instrument was acknowledged before me on the 9th day of May, 2000,
by John P. LaRue, as Executive Director of the Port of Corpus Christi Authority
of Nueces County, Texas, on behalf of the Port.

                                        /s/ Sherry L. Tower
                                        --------------------------------------
                                        NOTARY PUBLIC, STATE OF TEXAS

                                        (SEAL)

STATE OF TEXAS _________________________

COUNTY OF NUECES _______________________

This instrument was acknowledged before me on the _______day of_________ 2000,
by ______________________________________________________________of Corpus
Christi Day Cruise, L.L.C., on behalf of said company.

                                        _____________________________________

                                        NOTARY PUBLIC, STATE OF______________

                                        (Seal)

                                       3
<PAGE>

                        THE PORT OF CORPUS CHRISTI AUTHORITY MAP

                                       4Exhibit 10.5

                                      TCPI

                             2000 STOCK OPTION PLAN

           1      ESTABLISHMENT, EFFECTIVE DATE AND TERM

           TECHNICAL CHEMICALS AND PRODUCTS, INC, a Florida corporation (the
"Company") hereby establishes the "TCPI 2000 Stock Option Plan" (the "Plan").
The effective date of the Plan shall be July 1, 2000 (the "Effective Date").
Unless earlier terminated pursuant to Section 17 hereof, the Plan shall
terminate on July 1, 2010.

           2.      PURPOSE

           The purpose of the Plan is to advance the interests of the Company by
providing Eligible Individuals (as defined in Section 6 below) with an
opportunity to acquire or increase a proprietary interest in the Company, which
thereby will create a stronger incentive to expend maximum effort for the growth
and success of the Company, any parent and the Company's subsidiaries, and will
encourage such individuals to remain in the employ of the Company, any parent or
one or more of its subsidiaries.

           3.     TYPE OF OPTIONS

           Each stock option granted under the Plan (an "Option") may be
designated by the Committee (as defined below), in its sole discretion, either
as (i) an "incentive stock option" ("Incentive Stock Options") within the
meaning of Section 422 of the Internal Revenue Code of 1986, as amended from
time to time (the "Code"), or (ii) as a nonqualified stock option that is not
intended to meet the requirements of Section 422 of the Code; provided that
Incentive Stock Options may only be granted to employees of the Company, any
"subsidiary corporation" as defined in Section 424 of the Code (a "Subsidiary")
or any "parent corporation" as defined in Section 424 of the Code (a "Parent").
In the absence of any designation, Options granted under the Plan will be deemed
to be nonqualified stock options. The Plan shall be administered and interpreted
so that all Incentive Stock Options granted under the Plan will qualify as
incentive stock options under Section 422 of the Code. Options designated as
Incentive Stock Options that fail to continue to meet the requirements of
Section 422 of the Code shall be redesignated as nonqualified stock options
automatically on the date of such failure to continue to meet such requirements
without further action by the Committee.

           4.      ADMINISTRATION.

           The Plan shall be administered by a stock option committee
("Committee") appointed by the Board of Directors of the Company (the "Board").
The Committee shall consist of not less than three members of the Board, none of
whom shall be an officer or other salaried employee of the Company or any Parent
or Subsidiary, and each of whom shall qualify in all respects as a "non-employee
director" as defined in Rule 16b-3 promulgated under the Securities Exchange Act
of 1934, as amended (the "Exchange Act"), and an "outside director" for purposes
of Section 162(m) of the Code. The Committee shall be responsible for the
administration of the Plan including, without limitation, determining which
Eligible Individuals receive Awards, what kind of Awards are made under the Plan
and for what number of shares, and the other terms and conditions of such
Awards. Determinations by the Committee under the Plan including, without
limitation, determinations of the Awards, the form, amount and timing of Awards,
the terms and provisions of Awards and the agreements evidencing Awards, need
not be uniform and may be made selectively among Eligible Individuals who
receive, or are eligible to receive Awards hereunder, whether or not such
Eligible Individuals are similarly situated.

           The Committee shall have the responsibility of construing and
interpreting the Plan and of establishing and amending such rules and
regulations as it may deem necessary or desirable for the proper administration
of the Plan. Any decision or action taken or to be taken by the Committee,
arising out of or in connection with the construction, administration,
interpretation and effect of the Plan and of its rules and regulations, shall,
to the maximum extent permitted by applicable law, be within its absolute
discretion (except as otherwise specifically provided herein) and shall be
conclusive and binding upon the Company, all Eligible Individuals and any person
claiming under or through any Eligible Individual.

           The Committee may delegate some or all of its power and authority
hereunder to the Chief Executive Officer or other senior member of management as
the Committee deems appropriate; provided, however, that the Committee may not
delegate its authority with regard to any matter or action affecting an officer
subject to Section 16 of the Securities Exchange Act of 1934.

           No member of the Committee shall be liable for any action or
determination made in good faith with respect to the Plan or any Option granted
or Option Agreement entered into hereunder.

<PAGE>

           5.      COMMON STOCK

           The capital stock of the Company that may be issued pursuant to
Options and Stock Based Awards (as defined in Section 19 below) (Options and
Stock Based Awards are collectively referred to as "Awards") granted under the
Plan shall be shares of common stock, $0.001 par value, of the Company (the
"Common Stock"), which shares may be treasury shares or authorized but unissued
shares. The total number of shares of Common Stock that may be issued pursuant
to Options granted under the Plan shall be four million (4,000,000) shares,
subject to adjustment as provided in Section 18 below. The total number of
shares of Common Stock that may be issued pursuant to all Awards (including
Options) granted under the Plan shall be four million (4,000,000) shares,
subject to adjustment as provided in Section 18 below. If any Award expires,
terminates, or is terminated or canceled for any reason, the shares of Common
Stock that were subject to such Award shall be available for future Options
granted under the Plan.

           6.     ELIGIBILITY

           Options may be granted under the Plan to (i) any employee, officer,
or director (employee and non-employee directors) of the Company or any Parent
or Subsidiary, and (ii) any independent contractor or consultant performing
services for the Company or any Parent or Subsidiary as determined by the
Committee from time to time on the basis of their importance to the business of
the Company (collectively, "Eligible Individuals"), provided that Incentive
Stock Options may only be granted to employees of the Company or any Parent or
Subsidiary. An individual may hold more than one Option, subject to such
restrictions as are provided herein.

           7.      GRANT OF OPTIONS

           Subject to the terms and conditions of the Plan, the Committee may,
at any time and from time to time, prior to the date of termination of the Plan,
grant to such Eligible Individuals as the Committee may determine ("Optionees"),
Options to purchase such number of shares of Common Stock on such terms and
conditions as the Committee may determine. The date on which the Committee
approves the grant of an Option (or such later date as is specified by the
Committee) shall be considered the date on which such Option is granted. The
maximum number of shares of Common Stock subject to Awards that may be granted
during any calendar year under the Plan to any Optionee shall be 200,000 shares.

           8.      LIMITATION ON INCENTIVE STOCK OPTIONS

                   (a)     Ten Percent Stockholder. Notwithstanding any other
                           provision of this Plan to the contrary, no individual
                           may receive an Incentive Stock Option under the Plan
                           if such individual, at the time the award is granted,
                           owns (after application of the rules contained in
                           Section 424(d) of the Code) stock possessing more
                           than ten percent (10%) of the total combined voting
                           power of all classes of stock of the Company or any
                           Parent or Subsidiary, unless (i) the purchase price
                           for each share of Common Stock subject to such
                           Incentive Stock Option is at least 110 percent (110%)
                           of the fair market value of a share of Common Stock
                           on the date of grant (as determined in good faith by
                           the Committee) and (ii) such Incentive Stock Option
                           is not exercisable after the date which is five (5)
                           years from the date of grant.

                           (b Limitation on Grants. Except as may otherwise be
                           permitted by the Code, the Committee shall not grant
                           to an Eligible Individual Incentive Stock Options
                           that, in the aggregate, are first exercisable during
                           any one calendar year to the extent that the
                           aggregate fair market value of the Common Stock at
                           the time the Incentive Stock Options are granted,
                           exceeds $100,000 or such other amount as the Internal
                           Revenue Service may decide from time to time (the
                           "Annual Dollar Limit"). If an Incentive Stock Option
                           is granted pursuant to which the Annual Dollar Limit
                           is exceeded, the portion of such Option which is in
                           excess of the Annual Dollar Limit, and any Options
                           issued subsequently in the same calendar year, shall
                           be treated as a nonqualified stock option pursuant to
                           Section 422(d)(1) of the Code. In the event that an
                           individual is eligible to participate in any other
                           stock option plan of the Company or any Parent or
                           Subsidiary which is also intended to comply with the
                           provisions of Section 422 of the Code, the Annual
                           Dollar Limit shall apply to the aggregate number of
                           shares for which Incentive Stock Options may be
                           granted under this Plan and all such other plans.

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<PAGE>

                    9      OPTION AGREEMENTS

         All Options granted pursuant to the Plan shall be evidenced by written
agreements ("Option Agreements"), to be executed by the Company and by the
Optionee, in such form or forms as the Committee shall from time to time
determine. Option Agreements covering Options granted from time to time or at
the same time need not contain similar provisions; provided, however, that all
such Option Agreements shall comply with all terms of the Plan.

                    10     OPTION PRICE

           The purchase price of each share of Common Stock subject to an Option
(the "Option Price") shall be fixed by the Committee and stated in each Option
Agreement, and subject to the provisions of Section 8(a) above, shall be not
less than 100 percent (100%) of the fair market value of a share of Common Stock
on the date the Option is granted, unless otherwise determined by the Committee;
provided however that the Option Price shall not be set below fair market value
in the case of an Option which is designated as an Incentive Stock Option. If
the Common Stock is then listed on any national securities exchange, the fair
market value shall be the closing price of a share of Common Stock on such
exchange on the last trading day immediately prior to the date of grant;
provided, however, that when granting Incentive Stock Options, the Committee
shall determine fair market value in accordance with the provisions of Section
422 of the Code. If the Common Stock is not listed on any such exchange, the
fair market value shall be determined in good faith by the Committee.

                    11.     TERM AND VESTING OF OPTIONS

                             (a)    Option Period. Subject to the provisions of
                                    Sections 8(a) and Section 14 hereof, each
                                    Option granted under the Plan shall
                                    terminate and all rights to purchase shares
                                    thereunder shall cease upon the expiration
                                    of ten (10) years from the date such Option
                                    is granted, or on such date prior thereto as
                                    may be fixed by the Committee and stated in
                                    the Option Agreement relating to such
                                    Option. Notwithstanding the foregoing, the
                                    Committee may in its discretion, at any time
                                    prior to the expiration or termination of
                                    any Option, extend the term of any such
                                    Option for such additional period as the
                                    Committee in its discretion may determine;
                                    provided, however, that in no event shall
                                    the aggregate option period with respect to
                                    any Option, including the initial term of
                                    such Option and any extensions thereof,
                                    exceed ten (10) years.

                             (b)    Vesting.

                                    (i)   Incentive Stock Options. Each Option
                                          Agreement will specify the vesting
                                          schedule applicable to Incentive Stock
                                          Options. Notwithstanding the
                                          foregoing, the Committee may in its
                                          discretion provide that any vesting
                                          requirement or other such limitation
                                          on the exercise of an Option may be
                                          rescinded, modified or waived by the
                                          Committee, in its sole discretion, at
                                          any time and from time to time after
                                          the date of grant of such Option, so
                                          as to accelerate the time at which the
                                          Option may be exercised.

                                    (ii)  Nonqualified Stock Options. Each
                                          Option Agreement will specify the
                                          vesting schedule applicable to
                                          nonqualified stock options. The
                                          Committee may in its discretion
                                          provide that any vesting requirement
                                          or other such limitation on the
                                          exercise of a nonqualified stock
                                          option may be rescinded, modified or
                                          waived by the Committee, in its sole
                                          discretion, at any time and from time
                                          to time after the date of grant of
                                          such nonqualified stock option, so as
                                          to accelerate the time at which the
                                          nonqualified stock option may be
                                          exercised.

                             (c)    Change in Control. In the event of a Change
                                    in Control (as defined below), the Committee
                                    may, in its sole and absolute discretion,
                                    provide on a case by case basis that some or
                                    all outstanding Options pursuant to an
                                    Option Agreement may become immediately
                                    exercisable, without regard to any
                                    limitation on exercise imposed pursuant to
                                    Section 11(b). For purposes of the Plan,
                                    unless otherwise provided for in a written
                                    agreement or contract between the Company
                                    and an Optionee, a "Change in Control" shall
                                    be deemed to occur if any person shall
                                    acquire direct or indirect beneficial
                                    ownership (whether as a result of stock
                                    ownership, revocable or irrevocable proxies
                                    or otherwise) of more than 20% of the total
                                    combined voting power with respect to the
                                    election of directors of the issued and
                                    outstanding capital stock of the Company
                                    (except that no Change in Control shall be
                                    deemed to have occurred if the stockholders
                                    of the

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<PAGE>

                                    Company immediately before such acquisition
                                    own more than 20%, directly or indirectly,
                                    of all or substantially all of the voting
                                    stock or other interests of such acquiring
                                    person immediately after such transaction).
                                    For purposes of the Plan, a "person" shall
                                    mean any person, corporation, partnership,
                                    joint venture or other entity or any group
                                    (as such term is defined for purposes of
                                    Section 13(d) of the Exchange Act) and
                                    "beneficial ownership" shall be determined
                                    in accordance with Rule 13d-3 under the
                                    Exchange Act.

                    12.    MANNER OF EXERCISE AND PAYMENT

                           (a)      Exercise. An Option that is exercisable
                                    hereunder may be exercised by delivery to
                                    the Company on any business day, at its
                                    principal office, addressed to the attention
                                    of the Stock Option Administrator, of
                                    written notice of exercise, which notice
                                    shall specify the number of shares with
                                    respect to which the Option is being
                                    exercised, and shall be accompanied by
                                    payment in full of the Option Price of the
                                    shares for which the Option is being
                                    exercised, by one or more of the methods
                                    provided below. The minimum number of shares
                                    of Common Stock with respect to which an
                                    Option may be exercised, in whole or in
                                    part, at any time shall be the lesser of
                                    (100) shares or the maximum number of shares
                                    available for purchase under the Option at
                                    the time of exercise.

                           (b)      Payment. No Common Stock shall be issued
                                    until full payment of the option price has
                                    been made. The option prices may be paid in
                                    cash or, if the Committee determines, in
                                    shares of Common Stock or a combination of
                                    cash and shares. If the Committee approves
                                    the use of shares of Common Stock as a
                                    payment method, the Committee shall
                                    establish such conditions as it deems
                                    appropriate for the use of Common Stock to
                                    exercise a stock option. Stock options
                                    awarded under the Plan may be exercised
                                    through a broker- assisted stock option
                                    exercise program, provided such program is
                                    available at the time of the option
                                    exercise, or by such other means as the
                                    Committee may determine from time to time.
                                    The Committee may establish rules and
                                    procedures to permit an option holder to
                                    defer recognition of gain upon exercise of a
                                    stock option.

                           (c)      Issuance of Certificates. Promptly after the
                                    exercise of an Option, the individual
                                    exercising the Option shall be entitled to
                                    the issuance of a certificate or
                                    certificates evidencing his ownership of
                                    such shares of Common Stock. An individual
                                    holding or exercising an Option shall have
                                    none of the rights of a stockholder until
                                    the shares of Common Stock covered thereby
                                    are fully paid and issued to him and, except
                                    as provided in Section 18 below, no
                                    adjustment shall be made for dividends or
                                    other rights for which the record date is
                                    prior to the date of such issuance.

                    13.    TRANSFERABILITY OF OPTIONS

                           (a)      Incentive Stock Options. No Incentive Stock
                                    Option shall be assignable or transferable
                                    by the Optionee to whom it is granted, other
                                    than by will or the laws of descent and
                                    distribution.

                           (b)      Nonqualified Stock Options. Unless otherwise
                                    permitted by the Committee in its sole and
                                    absolute discretion, no nonqualified stock
                                    option shall be assignable or transferable
                                    by the Optionee to whom it is granted, other
                                    than by will or the laws of descent and
                                    distribution.

                                        4

<PAGE>

                    14.    TERMINATION OF EMPLOYMENT, DEATH, OR DISABILITY

                            (a)     General. Unless otherwise provided in an
                                    Option Agreement, upon the termination of
                                    the employment or other service of an
                                    Optionee with the Company or any Parent or
                                    Subsidiary, other than by reason of Cause
                                    (as defined in Section 14(b)), death or
                                    "permanent and total disability (as defined
                                    in Section 22(e)(3) of the Code, any Option
                                    granted to such Optionee that has vested as
                                    of the date upon which the termination
                                    occurs shall be exercisable for a period not
                                    to exceed ninety (90) days after such
                                    termination. Upon such termination the
                                    Optionee's unvested Options shall expire and
                                    the Optionee shall have no further right to
                                    purchase shares of Common Stock pursuant to
                                    such unvested Option. Notwithstanding the
                                    foregoing provisions of this Section 14, the
                                    Committee may provide, in its discretion,
                                    that following the termination of employment
                                    or service of an Optionee with the Company
                                    or any Parent or Subsidiary, an Optionee may
                                    exercise an Option, in whole or in part, at
                                    any time subsequent to such termination of
                                    employment or service and prior to
                                    termination of the Option pursuant to
                                    Section 11(a) above, either subject to or
                                    without regard to any vesting or other
                                    limitation on exercise imposed pursuant to
                                    Section 11(b) above. Unless otherwise
                                    determined by the Committee, temporary
                                    absence from employment or service because
                                    of illness, vacation, approved leaves of
                                    absence, military service and transfer of
                                    employment shall not constitute a
                                    termination of employment or service with
                                    the Company or any Parent or Subsidiary.

                            (b)     Cause. If the Company or any Parent or
                                    Subsidiary terminates the Optionee's
                                    employment for Cause (as defined below), all
                                    Options granted to Optionee shall terminate
                                    upon the date of such termination of
                                    employment or service and Optionee shall
                                    have no further right to purchase Shares
                                    pursuant to such Options. For purposes of
                                    this Agreement, "Cause@ means (i) gross
                                    negligence or willful misconduct by the
                                    Optionee in the performance of his duties,
                                    (ii) commission by the Optionee of an act of
                                    dishonesty affecting the Company or any
                                    Parent or Subsidiary, or the commission of
                                    an act constituting common law fraud or a
                                    felony, or (iii) the Optionee's commission
                                    of an act (other than the good faith
                                    exercise of his business judgment in the
                                    exercise of his responsibilities) resulting
                                    in material damages to the Company or any
                                    Parent or Subsidiary. The Committee shall
                                    determine whether Cause exists for purposes
                                    of this Agreement and such determination
                                    shall be final, conclusive and binding on
                                    the Optionee.

                             (c)    Death. If an Optionee dies while in the
                                    employ or service of the Company or any
                                    Parent or Subsidiary, the Optionee's estate
                                    or the devisee named in the Optionee's valid
                                    last will and testament or the Optionee's
                                    heir at law who inherits an Option has the
                                    right, at any time within a period not to
                                    exceed one (1) year after the date of such
                                    Optionee's death and prior to termination of
                                    the Option pursuant to Section 11(a) above,
                                    to exercise, in whole or in part, any vested
                                    portion of the Option (in accordance with
                                    Section 11(b) above) held by such Optionee
                                    at the date of such Optionee's death. Any
                                    unvested portion of the Option shall
                                    terminate upon the Optionee's death, unless
                                    the Committee shall, in its discretion,
                                    provide on a case by case basis that any
                                    unvested portion of the Option shall not
                                    terminate upon the Optionee's death.

                             (d)    Disability. If an Optionee terminates
                                    employment or service with the Company or
                                    any Parent or Subsidiary by reason of the
                                    "permanent and total disability" (within the
                                    meaning of Section 22(e)(3) of the Code) of
                                    such Optionee, the Optionee has the right at
                                    any time within a period not to exceed one
                                    (1) year after such termination of
                                    employment or service and prior to
                                    termination of the Option pursuant to
                                    Section 11(a) above, to exercise, in whole
                                    or in part, any vested portion of the Option
                                    (in accordance with Section 11(b) above)
                                    held by such Optionee at the date of such
                                    termination of employment or service.
                                    Whether a termination of employment or
                                    service is to be considered by reason of
                                    "permanent and total disability" for
                                    purposes of this Plan shall be determined by
                                    the Committee, which determination shall be
                                    final and conclusive. Any unvested portion
                                    of the Option shall terminate upon the
                                    Optionee's termination of employment or
                                    service with the Company or any Parent or
                                    Subsidiary by reason of "permanent and total
                                    disability," unless the Committee shall, in
                                    its discretion, provide on a case by case
                                    basis that any unvested portion of the
                                    Option shall not terminate upon the
                                    "permanent and total disability" of the
                                    Optionee.

                                        5
<PAGE>

                    15.    USE OF PROCEEDS

         The proceeds received by the Company from the sale of Common Stock
pursuant to Options granted under the Plan shall constitute general funds of the
Company.

                    16.    REQUIREMENTS OF LAW

                             (a)    Violations of Law. The Company shall not be
                                    required to sell or issue any shares of
                                    Common Stock under any Option if the sale or
                                    issuance of such shares would constitute a
                                    violation by the individual exercising the
                                    Option or the Company of any provisions of
                                    any law or regulation of any governmental
                                    authority, including without limitation any
                                    federal or state securities laws or
                                    regulations. Any determination in this
                                    connection by the Committee shall be final,
                                    binding, and conclusive. The Company shall
                                    not be obligated to take any affirmative
                                    action in order to cause the exercise of an
                                    Option or the issuance of shares pursuant
                                    thereto to comply with any law or regulation
                                    of any governmental authority.

                             (b)    Registration. At the time of any exercise of
                                    any Option, the Company may, if it shall
                                    determine it necessary or desirable for any
                                    reason, require the

                                    Optionee (or his or her heirs, legatees or
                                    legal representative, as the case may be),
                                    as a condition to the exercise thereof, to
                                    deliver to the Company a written
                                    representation of present intention to
                                    purchase the shares for their own account as
                                    an investment and not with a view to, or for
                                    sale in connection with, the distribution of
                                    such shares, except in compliance with
                                    applicable federal and state securities laws
                                    with respect thereto. In the event such
                                    representation is required to be delivered,
                                    an appropriate legend may be placed upon
                                    each certificate delivered to the Optionee
                                    (or his or her heirs, legatees or legal
                                    representative, as the case may be) upon his
                                    or her exercise of part or all of the Option
                                    and a stop transfer order may be placed with
                                    the transfer agent. Each Option shall also
                                    be subject to the requirement that, if at
                                    any time the Company determines, in its
                                    discretion, that the listing, registration
                                    or qualification of the shares subject to
                                    the Option upon any securities exchange or
                                    under any state or federal law, or the
                                    consent or approval of any governmental
                                    regulatory body is necessary or desirable as
                                    a condition of or in connection with, the
                                    issuance or purchase of the shares
                                    thereunder, the Option may not be exercised
                                    in whole or in part unless such listing,
                                    registration, qualification, consent or
                                    approval shall have been effected or
                                    obtained free of any conditions not
                                    acceptable to the Company in its sole
                                    discretion. The Company shall not be
                                    obligated to take any affirmative action in
                                    order to cause the exercisability or vesting
                                    of an Option or to cause the exercise of an
                                    Option or the issuance of shares pursuant
                                    thereto to comply with any law or regulation
                                    of any governmental authority.

                             (c)    Withholding. The Committee may make such
                                    provisions and take such steps as it may
                                    deem necessary or appropriate for the
                                    withholding of any taxes that the Company is
                                    required by any law or regulation of any
                                    governmental authority, whether federal,
                                    state or local, domestic or foreign, to
                                    withhold in connection with the exercise of
                                    any Option, including, but not limited to:
                                    (i) the withholding of delivery of shares of
                                    Common Stock upon exercise of Options until
                                    the holder reimburses the Company for the
                                    amount the Company is required to withhold
                                    with respect to such taxes, (ii) the
                                    canceling of any number of shares of Common
                                    Stock issuable upon exercise of such Options
                                    in an amount sufficient to reimburse the
                                    Company for the amount it is required to so
                                    withhold, (iii) withholding the amount due
                                    from any such person's wages or compensation
                                    due to such person, or (iv) requiring the
                                    Optionee to pay the Company cash in the
                                    amount the Company is required to withhold
                                    with respect to such taxes.

                             (d)    Governing Law. This Plan shall be governed
                                    by, and construed and enforced in accordance
                                    with, the laws of the State of Florida.

                                        6

<PAGE>
           17.    AMENDMENT AND TERMINATION OF THE PLAN

           The Board may, at any time and from time to time, amend, suspend or
terminate the Plan as to any shares of Common Stock as to which Options have not
been granted; provided, however, that the approval by a majority of the votes
present and entitled to vote at a duly held meeting of the stockholders of the
Company at which a quorum representing a majority of all outstanding voting
stock is, either in person or by proxy, present and voting on the amendment, or
by written consent in accordance with applicable state law and the Articles of
Incorporation and By-Laws of the Company shall be required for any amendment (i)
that changes the requirements as to Eligible Individuals to receive Options
under the Plan, (ii) that increases the maximum number of shares of Common Stock
in the aggregate that may be sold pursuant to Options that are granted under the
Plan (except as permitted under Section 18 hereof), or (iii) if approval of such
amendment is necessary to comply with federal or state law (including without
limitation Rule 162(m) of the Code and Rule 16b-3 under the Exchange Act) or
with the rules of any stock exchange or automated quotation system on which the
Common Stock may be listed or traded. Except as permitted under Section 18
hereof, no amendment, suspension or termination of the Plan shall, without the
consent of the holder of the Option, alter or impair rights or obligations under
any Option theretofore granted under the Plan.

           18.    EFFECT OF CHANGES IN CAPITALIZATION

                  (a)      Recapitalization. If the outstanding shares of Common
                           Stock are increased or decreased or changed into or
                           exchanged for a different number or kind of shares or
                           other securities of the Company by reason of any
                           recapitalization, reclassification, reorganization
                           (other than as described in Section 18(b), stock
                           split, reverse split, combination of shares, exchange
                           of shares, stock dividend or other distribution
                           payable in capital stock of the Company, or other
                           increase or decrease in such shares effected without
                           receipt of consideration by the Company, occurring
                           after the Effective Date, an appropriate and
                           proportionate adjustment shall be made by the
                           Committee (i) in the aggregate number and kind of
                           shares of Common Stock available under the Plan, (ii)
                           in the number and kind of shares of Common Stock
                           issuable upon exercise of outstanding Options granted
                           under the Plan, and (iii) in the Option Price per
                           share of outstanding Options granted under the Plan.

                  (b       Reorganization. In connection with a merger,
                           consolidation, reorganization or other business
                           combination of the Company with one or more other
                           entities in which the Company is not the surviving
                           entity, each then outstanding Option shall upon
                           exercise thereafter entitle the holder thereof to
                           such number of shares of Common Stock or other
                           securities or property to which a holder of shares of
                           Common Stock would have been entitled to upon such
                           merger, consolidation, reorganization or other
                           business combination.

                  (c)      Dissolution or Liquidation. Upon the dissolution or
                           liquidation of the Company, the Plan and all Options
                           outstanding hereunder shall terminate. In the event
                           of any termination of the Plan under this Section
                           18(c), each individual holding an Option shall have
                           the right, immediately prior to the occurrence of
                           such termination and during such reasonable period as
                           the Committee in its sole discretion shall determine
                           and designate, to exercise such Option in whole or in
                           part, whether or not such Option was otherwise
                           exercisable at the time such termination occurs and
                           without regard to any vesting or other limitation on
                           exercise imposed pursuant to Section 11(b) above.

                  (d)      Adjustments. Adjustments under this Section 18
                           related to stock or securities of the Company shall
                           be made by the Committee, whose determination in that
                           respect shall be final, binding, and conclusive. No
                           fractional shares of Common Stock or units of other
                           securities shall be issued pursuant to any such
                           adjustment, and any fractions resulting from any such
                           adjustment shall be eliminated in each case by
                           rounding downward to the nearest whole share or unit.

                  (e)      No Limitations. The grant of an Option pursuant to
                           the Plan shall not affect or limit in any way the
                           right or power of the Company to make adjustments,
                           reclassifications, reorganizations or changes of its
                           capital or business structure or to merge,
                           consolidate, dissolve or liquidate, or to sell or
                           transfer all or any part of its business or assets.

                                        7

<PAGE>

           19.    OTHER STOCK-BASED AWARDS

         Awards of shares of Common Stock, restricted stock, stock appreciation
rights and other awards ("Stock Based Awards") that are valued in whole or in
part by reference to, or otherwise based on, Common Stock, may also be made,
from time to time, to Eligible Individuals as may be selected by the Committee.
Such awards may be made alone or in addition to or in connection with any Option
other award granted hereunder. The Committee may determine the terms and
conditions of any such award. Each award shall be evidenced by an agreement
between the Eligible Individual and the Company which shall specify the number
of shares of Common Stock subject to the award, any consideration therefor, any
vesting or performance requirements and such other terms and conditions as the
Committee shall determine.

           20.    NO LIMITATION ON COMPENSATION

         Nothing in the Plan shall be construed to limit the right of the
Company to establish other plans or to pay compensation to its employees, in
cash or property, in a manner which is not expressly authorized under the Plan.

           21     NO IMPACT ON BENEFITS

         Except as may otherwise be stated under any employee benefit plan,
policy or program, no amount payable in respect of any Award shall be treated as
compensation for purposes of calculating an employee's right under any such plan
policy or program

           22.    DISCLAIMER OF RIGHTS

           No provision in the Plan or in any Option granted or Option Agreement
entered into pursuant to the Plan shall be construed to confer upon any
individual the right to remain in the employ of the Company or any Parent or
Subsidiary or to interfere in any way with the right and authority of the
Company or any Parent or Subsidiary either to increase or decrease the
compensation of any individual, including any Option holder, at any time, or to
terminate any employment or other relationship between any individual and the
Company or any Parent or Subsidiary. A holder of an Option shall not be deemed
for any purpose to be a stockholder of the Company with respect to such Option
except to the extent that such Option shall have been exercised with respect
thereto and, in addition, a stock certificate shall have been issued theretofore
and delivered to the holder. No adjustment shall be made for dividends (ordinary
or extraordinary, whether in cash, securities or other property) or
distributions or other rights for which the record date is prior to the date
such stock certificate is issued, except as expressly provided in Section 18
hereof.

           23.    NONEXCLUSIVITY OF THE PLAN

           The adoption of the Plan shall not be construed as creating any
limitations upon the right and authority of the Board or Committee to adopt such
other incentive compensation arrangements (which arrangements may be applicable
either generally to a class or classes of individuals or specifically to a
particular individual or individuals) as the Board or Committee in its
discretion determines desirable, including, without limitation, the granting of
stock options or stock appreciation rights other than under the Plan.

           24.    SEVERABILITY

           If any provision of the Plan or any Option Agreement shall be
determined to be illegal or unenforceable by any court of law in any
jurisdiction, the remaining provisions hereof and thereof shall be severable and
enforceable in accordance with their terms, and all provisions shall remain
enforceable in any other jurisdiction.

           25.    NOTICES

           Any communication or notice required or permitted to be given under
the Plan shall be in writing, and mailed by registered or certified mail or
delivered by hand, if to the Company, to its principal place of business,
attention: President, and if to the holder of an Option, to the address as
appearing on the records of the Company.

                                        8

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