Document:

09/05/02    THU 10:15  Fax 801  2244587        Ronald Jolley

EWS    ELECTRICAL  WHOLESALE  SUPPLY
Excellence with Service

May 1, 2001

Jolley Marketing, Inc.
368 South 600 West
Orem, Utah 84058

Electrical  Wholesale  Supply has extended to Ronald Jolley, President of Jolley
Marketing  Inc.  the  opportunity  to  Purchase Sylvania lamps and products at a
reduced  price.

Electrical  Wholesale  Supply  has  six locations in the state of Utah where Mr.
Jolley  may  purchase  our  lighting  products.

Electrical  Wholesale  Supply
568 North State
Orem, Utah 84057
801-224-3450

    158 E. 4500 So. 84107   P.O. Box 57857   Salt Lake City,   Utah 84157-0857
                                  801-268-2555

658  No. State    600  No. 630 West     455 No 1400 East      825  W  200 N
 P.O.  Box 358     P.O.  Box 278        P.O.  Box 1101        P.O.  Box 3450
Orem, Utah 84057  Layton, Utah 84041  St.George, Utah 84771  Logan, Utah 84323
 801-224-3450      801-544-1206          801-628-4246         801-752-2760

<PAGE>JOLLEY MARKETING, INC.

                             1998 STOCK OPTION PLAN

Section  1.  Purpose;  Definitions.

     1.1     Purpose. The purpose of the Jolley Marketing, Inc. ("Company") 1998
             --------
Stock  Option  Plan  ("Plan")  is  to  enable  the  Company  to offer to its key
employees,  officers, directors, consultants, advisors and sales representatives
been,  are or will be important to the success of the Company, an opportunity to
acquire  a  proprietary  interest in the Company. The various types of long-term
incentive awards which may be provided under the Plan will enable the Company to
respond  to  changes in compensation practices, tax laws, accounting regulations
and  the  size  and  diversity  of  its  businesses.

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

     (a)  "Agreement"  means  the  agreement  between the Company and the Holder
          setting  forth  the  terms  and conditions of an award under the Plan.

     (b)     "Board"  means  the  Board  of  Directors  of  the  Company.

     (c)  "Code"  means  the Internal Revenue Code of 1986, as amended from time
          to  time,  and  any  successor thereto and the regulations promulgated
          thereunder.

     (d)  "Committee" means the Stock Option Committee of the Board or any other
          committee  of  the  Board, which the Board may designate to administer
          the  Plan  or  any  portion thereof. If no Committee is so designated,
          then  all references in this Plan to "Committee" shall mean the Board.

     (e)  "Common  Stock" means the Common Stock of the Company, par value $.001
          per  share.

     (f)  "Company"  means Jolley Marketing, Inc., a corporation organized under
          the  laws  of  the  State  of  Nevada.

     (g)  "Deferred  Stock"  means  Stock  to  be  received, under an award made
          pursuant  to  Section  9,  below,  at  the end of a specified deferral
          period.

     (h)  "Disability"  means  disability  as  determined  under  procedures
          established  by  the  Committee  for  purposes  of  the  Plan.

     (i)  "Effective  Date"  means  the  date  set forth in Section 13.1, below.

<PAGE>

     (j)  "Employee"  means  any  employee,  director,  general partner, trustee
          (where  the  registrant is a business trust), officer or consultant or
          advisor.

     (k)  "Fair  Market  Value",  unless  otherwise  required  by any applicable
          provision  of the Code or any regulations issued thereunder, means, as
          of  any  given  date:  (i) if the Common Stock is listed on a national
          securities  exchange or quoted on the Nasdaq National Market or Nasdaq
          SmallCap  Market,  the  last  sale  price  of  the Common Stock in the
          principal  trading market for the Common Stock on the last trading day
          preceding  the date of grant of an award hereunder, as reported by the
          exchange  or  Nasdaq,  as the case may be; (ii) if the Common Stock is
          not  listed  on a national securities exchange or quoted on the Nasdaq
          National  Market  or  Nasdaq  SmallCap  Market,  but  is traded in the
          over-the-counter market, the closing bid price for the Common Stock on
          the last trading day preceding the date of grant of an award hereunder
          for  which  such  quotations are reported by the OTC Bulletin Board or
          the  National  Quotation  Bureau, Incorporated or similar publisher of
          such quotations; and (ii) if the fair market value of the Common Stock
          cannot  be determined pursuant to clause (i) or (ii) above, such price
          as  the  Committee  shall  determine,  in  good  faith.

     (l)  "Holder"  means  a  person  who  has  received an award under the Plan

     (m)  "Incentive  Stock  Option"  means  any Stock Option intended to be and
          designated  as  an  "incentive  stock  option"  within  the meaning of
          Section  422  of  the  Code.

     (n)  "Nonqualified  Stock  Option"  means  any  Stock Option that is not an
          Incentive  Stock  Option.

     (o)  "Normal  Retirement"  means retirement from active employment with the
          Company  or  any  Subsidiary  on  or  after  age  65.

     (p)  "Other Stock-Based Award" means an award under Section 10, below, that
          is  valued  in whole or in part by reference to, or is otherwise based
          upon,  Stock.

     (q)  "Parent"  means  any  present  or  future  parent  corporation  of the
          Company,  as  such  term  is  defined  in  Section 424(e) of the Code.

     (r)  "Plan"  means  the Jolley Marketing, Inc. "1998" Stock Option Plan, as
          hereinafter  amended  from  time  to  time.

<PAGE>

     (s)  "Restricted  Stock" means Stock, received under an award made pursuant
          to  Section  8,  below,  that  is  subject  to restrictions under said
          Section  8.

     (t)  "SAR Value" means the excess of the Fair Market Value (on the exercise
          date)  of  the number of shares for which the Stock Appreciation Right
          is  exercised  over the exercise price that the participant would have
          otherwise had to pay to exercise the related Stock Option and purchase
          the  relevant  shares.

     (u)  "Stock"  means  the Common Stock of the Company, par value $ .00 1 per
          share.

     (v)  "Stock  Appreciation  Right"  means  the  right  to  receive  from the
          Company,  on  surrender  of  all  or part of the related Stock Option,
          without  a  cash  payment to the Company, a number of shares of Common
          Stock  equal  to  the  SAR  Value divided by the exercise price of the
          Stock  Option.

     (w)  "Stock  Option"  or  "Option"  means  any option to purchase shares of
          Stock  which  is  granted  pursuant  to  the  Plan.

     (x)  "Stock  Reload  Option"  means  any  option granted under Section 6.3,
          below,  as  a  result  of the payment of the exercise price of a Stock
          Option and/or the withholding tax related thereto in the form of Stock
          owned  by  the  Holder  or  the  withholding  of Stock by the Company.

     (y)  "Subsidiary" means any present or future subsidiary corporation of the
          Company,  as  such  term  is  defined  in  Section 424(f) of the Code.

Section  2.  Administration.

     2.1     Committee  Membership.  The Plan shall be administered by the Board
             ----------------------
or  a Committee. Committee members shall serve for such term as the Board may in
each  case  determine, and shall be subject to removal at any time by the Board.

     2.2     Powers  of  Committee.The  Committee  shall  have  full  authority,
             ----------------------
subject  to  Section  4, below, to award, pursuant to the terms of the Plan: (i)
Stock  Options,  (ii)  Stock  Appreciation  Rights, (iii) Restricted Stock, (iv)
Deferred  Stock,  (v) Stock Reload Options and/or (vi) Other Stock-Based Awards.
For purposes of illustration and not of limitation, the Committee shall have the
authority  (subject  to  the  express  provisions  of  this  Plan):

<PAGE>

     (a)  to  select  the  officers,  key  employees,  directors,  consultants,
          advisors and sales representatives of the Company or any Subsidiary to
          whom  Stock  Options,  Stock  Appreciation  Rights,  Restricted Stock,
          Deferred  Stock, Reload Stock Options and/or Other Stock- Based Awards
          may  from  time  to  time  be  awarded  hereunder.

     (b)  to determine the terms and conditions, not inconsistent with the terms
          of  the  Plan,  of  any  award  granted  hereunder (including, but not
          limited  to,  number  of  shares,  share  price,  any  restrictions or
          limitations,  and  any  vesting,  exchange,  surrender,  cancellation,
          acceleration,  termination,  exercise or forfeiture provisions, as the
          Committee  shall  determine);

     (c)  to  determine any specified performance goals or such other factors or
          criteria which need to be attained for the vesting of an award granted
          hereunder;

     (d)  to  determine  the  terms  and  conditions  under which awards granted
          hereunder  are to operate on a tandem basis and/or in conjunction with
          or  apart  from  other  equity awarded under this Plan and cash awards
          made  by  the  Company  or  any  Subsidiary  outside  of  this  Plan;

     (e)  to  permit  a  Holder to elect to defer a payment under the Plan under
          such  rules  and  procedures as the Committee may establish, including
          the  crediting  of interest on deferred amount denominated in cash and
          of  dividend  equivalent  on  deferred  amount  denominated  in Stock;

     (f)  to  determine the extent and circumstances under which Stock and other
          amount  payable  with  respect to an award hereunder shall be deferred
          which  may  be  either automatic or at the election of the Holder; and

     (g)  to  substitute  (i)  new  Stock  Options  for previously granted Stock
          Options,  which  previously  granted  Stock Options have higher option
          exercise  prices  and/or  contain other less favorable terms, and (ii)
          new awards of any other type for previously granted awards of the same
          type,  which  previously granted awards are upon less favorable terms.

     2.2     Powers  of  Committee.
             ----------------------

     (a)  Committee  Authority.  Subject  to  Sections  4  and  12,  below,  the
          --------------------
          Committee  shall  have  the  authority to adopt, alter and repeal such
          administrative  rules,  guidelines and practices governing the Plan as

<PAGE>

          it  shall,  from  time to time, deem advisable, to interpret the terms
          and provisions of the Plan and any award issued under the Plan (and to
          determine  the form and substance of all Agreements relating thereto),
          and  to otherwise supervise the administration of the Plan. Subject to
          Section 12, below, all decisions made by the Committee pursuant to the
          provisions  of  the  Plan  shall  be  made  in  the  Committee's  sole
          discretion  and shall be final and binding upon all persons, including
          the  Company,  its  Subsidiaries  and  Holders.

     (b)  Incentive  Stock  Options.  Anything  in  the  Plan  to  the  contrary
          -------------------------
          notwithstanding,  no  term  or  provision  of  the  Plan  relating  to
          Incentive Stock Options (including but limited to Stock Reload Options
          or  Stock Appreciation rights granted in conjunction with an Incentive
          Stock  Option)  or any Agreement providing for Incentive Stock Options
          shall  be interpreted, amended or altered, nor shall any discretion or
          authority  granted under the Plan be so exercised, so as to disqualify
          the Plan under Section 422 of the Code, or, without the consent of the
          Holder(s)  affected,  to  disqualify  any Incentive Stock Option under
          such  Section  422.

Section  3.  Stock  Subject  to  Plan.

3.1  Number  of  Shares. The total number of shares of Common Stock reserved and
     ------------------
     available for distribution under the Plan shall be 1,000,000 shares. Shares
     of Stock under the Plan may consist, in whole or in part, of authorized and
     unissued  shares  or treasury shares. If any shares of Stock that have been
     granted  pursuant  to a Stock Option cease to be subject to a Stock Option,
     or if any shares of Stock that are subject to any Stock Appreciation Right,
     Restricted  Stock,  Deferred  Stock  award,  Reload  Stock  Option or Other
     Stock-Based  Award  granted  hereunder  are  forfeited  or  any  such award
     otherwise terminates without a payment being made to the Holder in the form
     of  Stock,  such  shares  shall  again  be  available  for  distribution in
     connection  with  future  grants and awards under the Plan. Only net shares
     issued  upon  a  stock-for-stock  exercise  (including  stock  used  for
     withholding  taxes) shall be counted against the number of shares available
     under  the  Plan.

3.2  Adjustment Upon Changes in Capitalization, Etc. In the event of any merger,
     ----------------------------------------------
     reorganization,  consolidation,  recapitalization,  dividend  (other than a
     cash  dividend),  stock  split,  reverse  stock  split,  or other change in
     corporate  structure  affecting  the Stock, such substitution or adjustment
     shall be made in the aggregate number of shares reserved for issuance under
     the Plan, in the number and exercise price of shares subject to outstanding
     Options,  in  the  number  of  shares  and  Stock  Appreciation Right price
     relating  to Stock Appreciation Rights, and in the number of shares subject
     to,  and  in  the related terms of, other outstanding awards (including but
     not  limited  to  awards  of Restricted Stock, Deferred Stock, Reload Stock
     Options  and  Other  Stock-Based  Awards)  granted under the Plan as may be
     determined  to be appropriate by the Committee in order to prevent dilution
     or enlargement of rights, provided that the number of shares subject to any
     award  shall  always  be  a  whole  number.

<PAGE>

Section  4.  Eligibility.

     Awards  may  be  made  or  granted  to  key employees, officers, directors,
     consultants,  advisors  and  sales  representatives  who are deemed to have
     rendered or to be able to render significant services to the Company or its
     Subsidiaries  and  who  are  deemed  to  have  contributed  or  to have the
     potential  to  contribute to the success of the Company. No Incentive Stock
     Option shall be granted to any person who is not an employee of the Company
     or  a  Subsidiary  at  the  time  of  grant.

Section  5.  Required  Six-Month  Holding  Period.

     Any equity security issued under this Plan must be held and may not be sold
     prior  to  six  months  from  the  date  of the grant of the related award,
     without  the  approval  of  the  Company.

Section  6.  Stock  Options.

     6.1  Grant and Exercise. Stock Options granted under the Plan may be of two
          -------------------
          types:  (i)  Incentive  Stock  Options  and  (ii)  Nonqualified  Stock
          Options.  Any  Stock  Option granted under the Plan shall contain such
          terms,  not  inconsistent with this Plan, or with respect to Incentive
          Stock  Options,  not  inconsistent with the Code, as the Committee may
          from  time  to time approve. The Committee shall have the authority to
          grant  Incentive  Stock  Options,  Nonqualified Stock Options, or both
          types  of  Stock Options and which may be granted alone or in addition
          to  other  awards granted under the Plan. To the extent that any Stock
          Option  intended  to  qualify as an Incentive Stock Option does not so
          qualify,  it shall constitute a separate Nonqualified Stock Option. An
          Incentive  Stock Option may be granted only within the ten-year period
          commencing  from  the  Effective Date and may only be exercised within
          ten  years  of  the  date  of  grant  (or five years in the case of an
          Incentive Stock Option granted to an optionee ("10% Stockholder") who,
          at the time of grant, owns Stock possessing more than 10% of the total
          combined  voting  power  of  all  classes  of  stock  of  the Company.

     6.2  Terms  and  Conditions.Stock  Options  granted under the Plan shall be
          ----------------------
          subject  to  the  following  terms  and  conditions:

          (a)  Exercise  Price.The exercise price per share of Stock purchasable
               ---------------
               under  an  Incentive  Stock  Option  shall  be  determined by the
               Committee  at  the time of grant and may not be less than 100% of
               the  Fair  Market  Value of the Stock as defined above; provided,
               however,  that  the  exercise  price of an Incentive Stock Option
               granted  to  a 10% Stockholder shall not be less than 110% of the

<PAGE>

               Fair  Market  Value of the Stock. The exercise price per share of
               Stock  purchasable  under  any  options  granted  that  are  not
               Incentive  Stock  Option, shall be determined by the Committee at
               the  time  of  grants.

          (b)  Option Term.Subject to the limitations in Section 6.1, above, the
               -----------
               term  of  each  Stock  Option  shall  be  fixed by the Committee.

          (c)  Exercisability.Stock Options shall be exercisable at such time or
               --------------
               times  and  subject  to  such  terms  and  conditions as shall be
               determined  by  the  Committee  and  as  set forth in Section 11,
               below.  If  the  Committee  provides, in its discretion, that any
               Stock  Option  is exercisable only in installments, i.e., that it
               vests  over  time,  the  Committee  may  waive  such  installment
               exercise  provisions at any time at or after the time of grant in
               whole  or in part, based upon such factors as the Committee shall
               determine.

          (d)  Method  of Exercise.Subject to whatever installment, exercise and
               -------------------
               waiting  period  provisions  are applicable in a particular case,
               Stock  Options  may  be exercised in whole or in part at any time
               during  the  term  of  the  Option,  by  giving written notice of
               exercise  to the Company specifying the number of shares of Stock
               to  be  purchased. Such notice shall be accompanied by payment in
               full  of  the  purchase  price, which shall be in cash or, unless
               otherwise  provided  in  the  Agreement,  in  shares  of  Stock
               (including  Restricted  Stock  and  other contingent awards under
               this  Plan)  or, partly in cash and partly in such Stock, or such
               other  means  which  the Committee determines are consistent with
               the  Plan's  purpose  and  applicable law. Cash payments shall be
               made by wire transfer, certified or bank check or personal check,
               in  each  case  payable  to  the  order of the Company; provided,
               however,  that  the  Company  shall  not  be  required to deliver
               certificates  for shares of Stock with respect to which an Option
               is  exercised until the Company has confirmed the receipt of good
               and  available  funds  in  payment of the purchase price thereof.
               Payments  in the form of Stock shall be valued at the Fair Market
               Value  of  a  share  of  Stock  on  the  day prior to the date of
               exercise.  Such  payments  shall  be  made  by  delivery of stock
               certificates  in  negotiable form which are effective to transfer
               good and valid title thereto to the Company, free of any liens or
               encumbrances.  Subject  to  the  terms  of  the  Agreement,  the
               Committee  may,  in  its  sole  discretion, at the request of the
               Holder,  deliver upon the exercise of a Nonqualified Stock Option
               a  combination  of  shares  of  Deferred  Stock and Common Stock;
               provided that, notwithstanding the provisions of Section 9 of the
               Plan,  such  Deferred Stock shall be fully vested and not subject
               to  forfeiture.  A  Holder  shall  have  none  of the rights of a
               stockholder  with  respect  to  the  shares subject to the Option
               until  such  shares  shall  be transferred to the Holder upon the
               exercise  of  the  Option.

          (e)  Transferability.Unless  otherwise determined by the Committee, no
               ---------------
               Stock  Option  shall  be transferable by the Holder other than by
               will  or  by  the laws of descent and distribution, and all Stock
               Options  shall be exercisable, during the Holder's lifetime, only
               by  the  Holder.

<PAGE>

          (f)  Termination  by  Reason  of Death.If a Holder's employment by the
               ---------------------------------
               Company  or a Subsidiary terminates by reason of death, any Stock
               Option  held  by  such Holder, unless otherwise determined by the
               Committee  at  the  time of grant and set forth in the Agreement,
               shall  be  fully  vested  and  may thereafter be exercised by the
               legal  representative  of  the  estate  or  by the legatee of the
               Holder under the will of the Holder, for a period of one year (or
               such  other greater or lesser period as the Committee may specify
               at  grant) from the date of such death or until the expiration of
               the  stated  term  of  such Stock Option, whichever period is the
               shorter.

          (g)  Termination  by  Reason of Disability.If a Holder's employment by
               -------------------------------------
               the Company or any Subsidiary terminates by reason of Disability,
               any Stock Option held by such Holder, unless otherwise determined
               by  the  Committee  at  the  time  of  grant and set forth in the
               Agreement,  shall be fully vested and may thereafter be exercised
               by  the Holder for a period of one year (or such other greater or
               lesser  period as the Committee may specify at the time of grant)
               from  the  date  of  such  termination of employment or until the
               expiration  of  the  stated  term of such Stock Option, whichever
               period  is  the  shorter.

          (h)  Other  Termination.Subject  to  the  provisions  of Section 14.3,
               ------------------
               below,  and  unless  otherwise determined by the Committee at the
               time  of grant and set forth in the Agreement, if a Holder, is an
               employee  of the Company or a Subsidiary at the time of grant and
               if  such  Holder's  employment  by  the Company or any Subsidiary
               terminates  for  any  reason  other than death or Disability, the
               Stock Option shall thereupon automatically terminate, except that
               if  the  Holder's  employment  is  terminated by the Company or a
               Subsidiary  without  cause  or due to Normal Retirement, then the
               portion  of  such  Stock  Option  which has vested on the date of
               termination  of  employment  may  be  exercised for the lesser of
               three  months  after  termination of employment or the balance of
               such  Stock  Option's  term.

          (i)  Additional  Incentive  Stock  Option Limitation.In the case of an
               -----------------------------------------------
               Incentive  Stock Option, the aggregate Fair Market Value of Stock
               (determined  at  the time of grant of the Option) with respect to
               which  Incentive  Stock  Options  become  exercisable by a Holder
               during any calendar year (under all such plans of the Company and
               its  Parent  and  Subsidiary)  shall  not  exceed  $100,000.

          (j)  Buyout  and  Settlement Provisions.The Committee may at any time,
               ----------------------------------
               in its sole discretion, offer to buyout a Stock Option previously
               granted,  based  upon  such terms and conditions as the Committee
               shall  establish  and  communicate to the Holder at the time that
               such  offer  is  made.

<PAGE>

          (k)  Stock  Option  Agreement.  Each  grant of a Stock Option shall be
               ------------------------
               confirmed by, and shall be subject to the terms of, the Agreement
               executed  by  the  Company  and  the  Holder.

     6.3  Stock  Reload  Option.The  Committee  may  also  grant  to  the Holder
          ---------------------
          (concurrently  with  the  grant of an Incentive Stock Option and at or
          after  the time of grant in the case of a Nonqualified Stock Option) a
          Stock  Reload  Option  up to the amount of shares of Stock held by the
          Holder  for  at  least  six  months and used to pay all or part of the
          exercise  price  of  an Option and, if any, withheld by the Company as
          payment  for withholding taxes. Such Stock Reload Option shall have an
          exercise  price  equal  to the Fair Market Value as of the date of the
          Stock  Reload Option grant. Unless the Committee determines otherwise,
          a Stock Reload Option may be exercised commencing one year after it is
          granted  and  shall  expire on the date of expiration of the Option to
          which  the  Reload  Option  is  related.

Section  7.  Stock  Appreciation  Rights.

     7.1  Grant  and Exercise. The Committee may grant Stock Appreciation Rights
          to participants who have been, or are being granted, Options under the
          Plan  as  a  means  of  allowing  such  participants to exercise their
          Options  without  the  need  to pay the exercise price in cash. In the
          case of a Nonqualified Stock Option, a Stock Appreciation Right may be
          granted  either at or after the time of the grant of such Nonqualified
          Stock  Option.  In  the  case  of  an  Incentive Stock Option, a Stock
          Appreciation  Right  may  be  granted only at the time of the grant of
          such  Incentive  Stock  Option.

     7.2  Terms and Conditions.Stock Appreciation Rights shall be subject to the
          --------------------
          following  terms  and  conditions:

          (a)  Exercisability. Stock Appreciation Rights shall be exercisable as
               --------------
               determined  by  the  Committee  and  set  forth in the Agreement,
               subject  to  the  limitations,  if any, imposed by the Code, with
               respect  to  related  Incentive  Stock  Options.

          (b)  Termination. A Stock Appreciation Right shall terminate and shall
               -----------
               no  longer be exercisable upon the termination or exercise of the
               related  Stock  Option.

          (c)  Method of Exercise.Stock Appreciation Rights shall be exercisable
               ------------------
               upon  such  terms  and  conditions  as shall be determined by the
               Committee  and set forth in the Agreement and by surrendering the
               applicable  portion  of  the  related  Stock  Option.  Upon  such
               exercise and surrender, the Holder shall be entitled to receive a
               number  of  Option  Shares  equal to the SAR Value divided by the
               exercise  price  of  the  Option.

<PAGE>

          (d)  Shares  Affected  Upon Plan. The granting of a Stock Appreciation
               ---------------------------
               Rights  shall  not affect the number of shares of Stock available
               under  for  awards under the Plan. The number of shares available
               for awards under the Plan will, however, be reduced by the number
               of  shares  of Stock acquirable upon exercise of the Stock Option
               to  which  such  Stock  Appreciation  Right  relates.

Section  8.  Restricted  Stock.

     8.1. Grant.  Shares  of  Restricted Stock may be awarded either alone or in
          -----
          addition  to  other awards granted under the Plan. The Committee shall
          determine  the  eligible  persons  to  whom,  and the time or times at
          which,  grants  of  Restricted  Stock  will  be awarded, the number of
          shares to be awarded, the price (if any) to be paid by the Holder, the
          time  or  times  within which such awards may be subject to forfeiture
          (the  "Restriction  Period"),  the  vesting  schedule  and  rights  to
          acceleration  thereof,  and  all  other  terms  and  conditions of the
          awards.

     8.2  Terms  and Conditions. Each Restricted Stock award shall be subject to
          ---------------------
          the  following  terms  and  conditions:

          (a)  Certificates.Restricted  Stock,  when issued, will be represented
               ------------
               by  a stock certificate or certificates registered in the name of
               the Holder to whom such Restricted Stock shall have been awarded.
               During  the  Restriction  Period,  certificates  representing the
               Restricted  Stock  and  any  securities  constituting  Retained
               Distributions  (as  defined  below)  shall  bear  a legend to the
               effect  that ownership of the Restricted Stock (and such Retained
               Distributions),  and  the  enjoyment  of  all  rights appurtenant
               thereto,  are  subject  to the restrictions, terms and conditions
               provided  in  the Plan and the Agreement. Such certificates shall
               be  deposited by the Holder with the Company, together with stock
               powers  or  other  instruments  of  assignment,  each endorsed in
               blank,  which  will  permit transfer to the Company of all or any
               portion  of  the Restricted Stock and any securities constituting
               Retained  Distributions that shall be forfeited or that shall not
               become  vested  in  accordance  with  the Plan and the Agreement.

          (b)  Rights  of  Holder.  Restricted Stock shall constitute issued and
               ------------------
               outstanding  shares  of  Common Stock for all corporate purposes.
               The  Holder will have the right to vote such Restricted Stock, to
               receive  and  retain  all  regular  cash dividends and other cash
               equivalent  distributions as the Board may in its sole discretion
               designate,  pay  or  distribute  on  such Restricted Stock and to
               exercise  all  other rights, powers and privileges of a holder of
               Common  Stock  with  respect  to  such Restricted Stock, with the
               exceptions  that  (i) the Holder will not be entitled to delivery
               of  the  stock  certificate  or  certificates  representing  such
               Restricted  Stock until the Restriction Period shall have expired
               and  unless  all  other vesting requirements with respect thereto
               shall  have  been fulfilled; (ii) the Company will retain custody

<PAGE>

               of  the  stock  certificate  or  certificates  representing  the
               Restricted  Stock during the Restriction Period; (iii) other than
               regular cash dividends and other cash equivalent distributions as
               the  Board  may  in  its  sole  discretion  designate,  pay  or
               distribute,  the Company will retain custody of all distributions
               ("Retained  Distributions")  made or declared with respect to the
               Restricted Stock (and such Retained Distributions will be subject
               to  the same restrictions, terms and conditions as are applicable
               to  the  Restricted  Stock)  until  such  time,  if  ever, as the
               Restricted  Stock  with  respect  to  which  such  Retained
               Distributions  shall  have been made, paid or declared shall have
               become  vested  and  with respect to which the Restriction Period
               shall  have  expired;  (iv)  a breach of any of the restrictions,
               terms  or  conditions  contained in this Plan or the Agreement or
               otherwise  established  by  the  Committee  with  respect  to any
               Restricted  Stock  or  Retained  Distributions  will  cause  a
               forfeiture  of  such  Restricted  Stock  and  any  Retained
               Distributions  with  respect  thereto.

          (c)  Vesting:  Forfeiture.  Upon  the  expiration  of  the Restriction
               --------------------
               Period  with  respect  to  each award of Restricted Stock and the
               satisfaction  of  any  other  applicable  restrictions, terms and
               conditions  (i) all or part of such Restricted Stock shall become
               vested  in accordance with the terms of the Agreement, subject to
               Section  11,  below,  and  (ii)  any  Retained Distributions with
               respect  to  such  Restricted  Stock  shall  become vested to the
               extent  that  the  Restricted  Stock  related  thereto shall have
               become  vested, subject to Section 11, below. Any such Restricted
               Stock  and  Retained  Distributions  that  do  not  vest shall be
               forfeited to the Company and the Holder shall not thereafter have
               any  rights  with  respect  to such Restricted Stock and Retained
               Distributions  that  shall  have  been  so  forfeited.

Section  9.  Deferred  Stock.

     9.1  Grant.  Shares  of  Deferred  Stock  may be awarded either alone or in
          -----
          addition  to  other awards granted under the Plan. The Committee shall
          determine  the eligible persons to whom and the time or times at which
          grants  of  Deferred  Stock  shall be awarded, the number of shares of
          Deferred Stock to be awarded to any person, the duration of the period
          (the  "Deferral Period") during which, and the conditions under which,
          receipt  of  the  shares will be deferred, and all the other terms and
          conditions  of  the  awards.

     9.2  Terms  and  Conditions.  Each Deferred Stock award shall be subject to
          ----------------------
          the  following  terms  and  conditions:

          (a)  Certificates.  At  the  expiration of the Deferral Period (or the
               ------------
               Additional  Deferral Period referred to in Section 9.2 (d) below,
               where  applicable),  share  certificates  shall  be  issued  and
               delivered  to  the  Holder,  or  his  legal  representative,
               representing  the  number  equal  to  the  shares  covered by the
               Deferred  Stock  award,

<PAGE>

          (b)  Rights  of  Holder.  A  person entitled to receive Deferred Stock
               ------------------
               shall  not  have  any  rights  of a stockholder by virtue of such
               award  until the expiration of the applicable Deferral Period and
               the  issuance  and delivery of the certificates representing such
               Stock.  The  shares  of  Stock  issuable  upon  expiration of the
               Deferral  Period  shall  not be deemed outstanding by the Company
               until the expiration of such Deferral Period and the issuance and
               delivery  of  such  Stock  to  the  Holder.

          (c)  Vesting:  Forfeiture.Upon  the  expiration of the Deferral Period
               --------------------
               with respect to each award of Deferred Stock and the satisfaction
               of any other applicable restrictions, terms and conditions all or
               part  of  such  Deferred  Stock shall become vested in accordance
               with  the  terms  of the Agreement, subject to Section 11, below.
               Any  such Deferred Stock that does not vest shall be forfeited to
               the  Company  and the Holder shall not thereafter have any rights
               with  respect  to  such  Deferred  Stock.

          (d)  Additional  Deferral  Period.A  Holder  may  request  to, and the
               ----------------------------
               Committee  may  at  anytime, defer the receipt of an award (or an
               installment  of  an  award) for an additional specified period or
               until  a  specified  event  (the  "Additional  Deferral Period").
               Subject  to any exceptions adopted by the Committee, such request
               must  generally  be made at least one year prior to expiration of
               the  Deferral  Period  for  such  Deferred  Stock  award (or such
               installment).

Section  10.  Other  Stock-Based  Awards.

     10.1 Grant  and  Exercise. Other Stock-Based Awards may be awarded, subject
          --------------------
          to  limitations  under applicable law, that are denominated or payable
          in, valued in whole or in part by reference to, or otherwise based on,
          or  related  to, shares of Common Stock, as deemed by the Committee to
          be  consistent  with  the  purposes  of  the  Plan, including, without
          limitation,  purchase rights, shares of Common Stock awarded which are
          not  subject  to  any  restrictions  or  conditions,  convertible  or
          exchangeable  debentures,  or  other rights convertible into shares of
          Common Stock and awards valued by reference to the value of securities
          of  or  the  performance  of specified Subsidiaries. Other Stock-Based
          Awards may be awarded either alone or in addition to or in tandem with
          any  other  awards  under  this Plan or any other plan of the Company.

     10.2 Eligibility for Other Stock-Based Awards.The Committee shall determine
          -----------------------------------------
          the  eligible persons to whom and the time or times at which grants of
          such  other  stock-based awards shall be made, the number of shares of
          Common  Stock  to  be  awarded  pursuant to such awards, and all other
          terms  and  conditions  of  the  awards.

<PAGE>

     10.3 Terms  and Conditions.Each Other Stock-Based Award shall be subject to
          ---------------------
          such terms and conditions as may be determined by the Committee and to
          Section  11,  below.

Section  11.  Accelerated  Vesting  and  Exercisability.

     If  (i) any person or entity other than the Company and/or any stockholders
     of  the  Company as of the Effective Date acquire securities of the Company
     (in  one or more transactions) having 25% or more of the total voting power
     of  all  the  Company's  securities  then outstanding and (ii) the Board of
     Directors  of  the  Company  does  not  authorize or otherwise approve such
     acquisition,  then,  the  vesting  periods of any and all Options and other
     awards  granted and outstanding under the Plan shall be accelerated and all
     such  Options  and  awards  will  immediately  and  entirely  vest, and the
     respective holders thereof will have the immediate right to purchase and/or
     receive  any  and all Stock subject to such Options and awards on the terms
     set  forth  in  this  Plan  and  the  respective agreements respecting such
     Options  and  awards.

Section  12.  Amendment  and  Termination.

     Subject  to  Section  4 hereof, the Board may at any time, and from time to
     time,  amend  alter,  suspend  or  discontinue any of the provisions of the
     Plan,  but  no amendment, alteration, suspension or discontinuance shall be
     made  which  would  impair  the  rights  of  a  Holder  under any Agreement
     theretofore  entered  into  hereunder,  without  the  Holder's  consent.

Section  13.  Term  of  Plan.

          13.1 Effective  Date.  The  Plan  shall be effective as of December 9,
               ----------------
               1998.  ("Effective  Date").

          13.2 Termination Date. Unless terminated by the Board, this Plan shall
               -----------------
               continue  to  remain  effective until such time no further awards
               may  be  granted  and  all  awards  granted under the Plan are no
               longer  outstanding.  Notwithstanding  the  foregoing,  grants of
               Incentive  Stock  Options  may  only  be made during the ten year
               period  following  the  Effective  Date.

Section  14.  General  Provisions.

          14.1 Written  Agreements.Each  award  granted  under the Plan shall be
               -------------------
               confirmed  by,  and  shall be subject to any award made under the
               Plan  if  the  Agreement  relating  thereto  is  not executed and
               returned  to  the  Company within 10 days after the Agreement has
               been  delivered  to  the  Holder  for  his  or  her  execution.

          14.2 Unfunded  Status  of  Plan.The  Plan is intended to constitute an
               --------------------------
               "unfounded"  plan  for  incentive and deferred compensation. With
               respect  to any payments not yet made to a Holder by the Company,

<PAGE>

               nothing  contained  herein  shall give any such Holder any rights
               that are greater than those of a general creditor of the Company.

     14.3     Employees.
              ----------

          (a)  Engaging  in Competition With the Company.In the event a Holder's
               -----------------------------------------
               employment with the Company or a Subsidiary is terminated for any
               reason whatsoever, and within one year after in competition with,
               the  Company,  the Committee, in its sole discretion, may require
               such  Holder  to  return to the Company the economic value of any
               award  which  was realized or obtained by such Holder at any time
               during  the  period  beginning  on  that date which is six months
               prior to the date of such Holder's termination of employment with
               the  Company.

          (b)  Termination  for Cause.The Committee may, in the event a Holder's
               ----------------------
               employment  with  the  Company  or a Subsidiary is terminated for
               cause,  annul  any award granted under this Plan to such employee
               and,  in  such  event, the Committee, in its sole discretion, may
               require  such  Holder to return to the Company the economic value
               of any award which was realized or obtained by such Holder at any
               time during the period beginning on that date which is six months
               prior to the date of such Holder's termination of employment with
               the  Company.

          (c)  No  Right  of  Employment.Nothing contained in the Plan or in any
               -------------------------
               award  hereunder shall be deemed to confer upon any Holder who is
               an  employee  of  the  Company  or  any  Subsidiary  any right to
               continued  employment  with  the  Company  or any Subsidiary, nor
               shall  it  interfere  in any way with the right of the Company or
               any  Subsidiary  to terminate the employment of any Holder who is
               an  employee  at  any  time.

     14.4 Investment  Representations.The  Committee  may  require  each  person
          ---------------------------
          acquiring  shares  of  Stock pursuant to a Stock Option or other award
          under  the  Plan to represent to and agree with the Company in writing
          that  the Holder is acquiring the shares for investment without a view
          to  distribution  thereof.

     14.5 Additional  Incentive Arrangements.Nothing contained in the Plan shall
          ----------------------------------
          prevent  the  Board  from  adopting such other or additional incentive
          arrangements  as it may deem desirable, including, but not limited to,
          the  granting  of  Stock  Options  and  the awarding of stock and cash
          otherwise  than  under  the  Plan; and such arrangements may be either
          generally  applicable  or  applicable  only  in  specific  cases.

     14.6 Withholding  Taxes.Not  later than the date as of which an amount must
          ------------------
          first be included in the gross income of the Holder for Federal income
          tax purposes with respect to any option or other award under the Plan,

<PAGE>

          the Holder shall pay to the Company, or make arrangements satisfactory
          to  the  Committee  regarding  the  payment of, any Federal, state and
          local  taxes  of  any kind required by law to be withheld or paid with
          respect to such amount. If permitted by the Committee, tax withholding
          or  payment  obligations  may  be settled with Common Stock, including
          Common  Stock  that  is  part  of  the  award  that  gives rise to the
          withholding requirement. The obligations of the Company under the Plan
          shall be conditioned upon such payment or arrangements and the Company
          or  the  Holder's  employer  (if not the Company) shall, to the extent
          permitted  by  law,  have  the right to deduct any such taxes from any
          payment  of  any  kind otherwise due to the Holder from the Company or
          any  Subsidiary.

     14.7 Governing  Law.The  Plan  and  all  awards  made  and  actions  taken
          --------------
          thereunder  shall  be governed by and construed in accordance with the
          laws  of  the  State  of  Nevada  (without  regard  to  choice  of law
          provisions).

     14.8 Other  Benefit  Plans.Any  award  granted  under the Plan shall not be
          ---------------------
          deemed  compensation  for  purposes  of  computing  benefits under any
          retirement  plan of the Company or any Subsidiary and shall not affect
          any  benefits  under  any  other  benefit  plan now or subsequently in
          effect  under  which the availability or amount of benefits is related
          to the level of compensation (unless required by specific reference in
          any  such  other  plan  to  awards  under  this  Plan).

     14.9 Non-Transferability.Except  as  otherwise  expressly  provided  in the
          -------------------
          Plan,  no  right  or  benefit  under  the Plan may be alienated, sold,
          assigned,  hypothecated, pledged, exchanged, transferred, encumbranced
          or  charged,  and  any attempt to alienate, sell, assign, hypothecate,
          pledge, exchange, transfer, encumber or charge the same shall be void.

     14.10  Applicable  Laws. The obligations of the Company with respect to all
           -----------------
          Stock  Options  and  awards under the Plan shall be subject to (i) all
          applicable  laws,  rules  and  regulations  and  such approvals by any
          governmental  agencies  as  maybe  required,  including,  without
          limitation, the Securities Act of 1933, as amended, and (ii) the rules
          and  regulations  of any securities exchange on which the Stock may be
          listed.

     14.11  Conflicts.If  any  of  the  terms  or  provisions  of the Plan or an
           -----------
          Agreement  (with respect to Incentive Stock Options) conflict with the
          requirements of Section 422 of the Code, then such terms or provisions
          shall  be  deemed  inoperative to the extent they so conflict with the
          requirements  of  said  Section 422 of the Code. Additionally, if this
          Plan  or  any  Agreement does not contain any provision required to be
          included herein under Section 422 of the Code, such provision shall be
          deemed  to  be incorporated herein and therein with the same force and
          effect  as  if  such  provision  had been set out at length herein and
          therein.  If  any of the terms or provisions of any Agreement conflict
          with any terms or provision of the Plan, then such terms or provisions
          shall  be  deemed  inoperative to the extent they so conflict with the
          requirements  of  the  Plan.  Additionally,  if any Agreement does not
          contain  any provision required to be included therein under the Plan,
          such  provision  shall  be  deemed to be incorporated therein with the
          same  force and effect as if such provision had been set out at length
          therein.

<PAGE>

     14.12  Non-Registered  Stock.  The  shares of Stock to be distributed under
           -----------------------
          this  Plan  have  not been, as of the Effective Date, registered under
          the  Securities  Act  of  1933, as amended, or any applicable state or
          foreign  securities  laws  and  the  Company  has no obligation to any
          Holder  to  register the Stock or to assist the Holder in obtaining an
          exemption  from  the various registration requirements, or to list the
          Stock  on  a  national  securities  exchange.

<PAGE>

ELECTRICAL  WHOLESALE  SUPPLY

June  20,  2002

Ron  Jolley  with Jolley Marketing can purchase Sylvania lamps at reduced prices
through  Electrical  Wholesale  Supply  of  Utah (6 locations) beginning in May,
2001.

    158 E. 4500 So. 84107   P.O. Box 57857   Salt Lake City,   Utah 84157-0857
                                  801-268-2555

658  No. State    600  No. 630 West     455 No 1400 East      825  W  200 N
 P.O.  Box 358     P.O.  Box 278        P.O.  Box 1101        P.O.  Box 3450
Orem, Utah 84057  Layton, Utah 84041  St.George, Utah 84771  Logan, Utah 84323
 801-224-3450      801-544-1206          801-628-4246         801-752-2760

<PAGE>

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00043-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00043-of-00352.parquet"}]]