Document:

Unassociated Document

    EXECUTIVE
      SUITES LEASE

     

    THIS LEASE
      is made April
      1,
      2001
      between
      ASP MV, L.L.C., (“Landlord”), and
      Freedom
      Financial Mortgage Corporation (“Tenant”).

     

    WITNESSETH

     

    WHEREAS,
      Landlord operates a suite of executive offices called Cypress Point Executive
      Suites (“Suites”) in a building located at 10014 N. Dale Mabry Highway
      (“Building”), which is located within an office park known as Cypress Point
      Office Park located at 10004-10014 North Dale Mabry Highway, Tampa, Fl 33618
      (Project”).

     

    WHEREAS,
      Landlord agrees to furnish and or make available those office services normally
      and customarily used in executive offices, which are hereinafter specifically
      described and such additional services may be specifically agreed to;
      and

     

    NOW,
      THEREFORE, in consideration of the mutual covenants and agreements set forth
      herein, Landlord and Tenant hereby agree as follows:

     

    
      	1.	
              Term.
                Landlord leases to Tenant and Tenant accepts and agrees to lease
                executive
                office suite number 5
                (“The Premises”) within the suites as depicted on schedule 1. The term of
                this Lease shall commence April
                1,  2001
                and shall terminate on June
                30,
                2001 continuing Month to Month thereafter. If Landlord does not deliver
                possession of the Premises to Tenant on the commencement date because
                a
                prior tenant has failed to vacate the premises, Landlord shall not
                be
                subject to any liability for such failure, but the commencement date
                and
                the payment of rent shall be deferred until delivery of
                possession.

            

    

     

    
      	2.	
              Base
                Rent and Security Deposit. Tenant agrees to pay to Landlord as
                rental for the Premises the total sum of $460.00
                per month (“Base Rent”), plus applicable sales tax, during the term, which
                shall be payable monthly in advance on the first day of each month.
                Monthly installments for any fractional calendar month, at the beginning
                or end of the term, shall be prorated based on the number of days
                in such
                month. The monthly Base Rent shall entitle the Tenant to the use
                of the
                premises and the services included in the monthly Base Rent as shown
                on
                Schedule 2. “Regular Business Hours,” as used in this Lease, means 8:30
                a.m. to 5:00 p.m., Monday through Friday, except Memorial Day, Fourth
                of
                July, Labor Day, Thanksgiving Day, the Friday after Thanksgiving
                Day,
                Christmas Day, New Year’s Day and all other national holidays observed by
                Landlord. Landlord will notify Tenant of annual holidays
                observed.

            

    

     

    Upon
      execution of this Agreement, Tenant shall pay to Landlord security deposit
      which
      shall be in the amount of $491.05
      (“Deposit). It is agreed that Landlord, at Landlord’s option, may at the time of
      any default by Tenant under any of the terms, provisions, covenants or
      conditions of this Lease, apply sums payable by Tenant under this Lease and
      Tenant shall thereby be discharged only pro tanto; that Tenant shall remain
      liable for any amounts that such sum shall be sufficient to pay; that Landlord
      may exhaust any or all rights and remedies against tenant before resorting
      to
      said sum.

     

    
      	3.	
              Services. Tenant
                acknowledges and agrees that in order for Landlord to have available
                to
                Tenant the services provided herein, it is necessary for Landlord
                to
                secure equipment and personnel on a full-time basis and incur the
                cost
                thereof. Accordingly all secretarial services, photocopies, postage,
                word
                processing, mailing services, and facsimile services, and such other
                services (“Services”) as may from time to time be provided by Landlord
                shall be available to the Tenant at the rates established by the
                Landlord
                from time to time. The Landlord reserves the right to increase the
                charges
                for these additional services as necessary upon thirty (30) days
                prior
                written notice. The charges for these services shall be invoiced
                monthly
                and shall be due and payable upon receipt of invoice by the
                Tenant.

            

    

     

    
      
        
        

      

      
        1

        
          

        

      

      
        
        

      

    

     

    Tenant
      shall use only telephone equipment and systems as provided by Landlord. Tenant
      agrees to pay a monthly equipment rental fee for the use of each telephone
      in
      the amount of $25.00
      per
      month
      for an Executone 17 key digital telephone or $35.00
      per
      month for an Executone 28 key digital speaker phone. Any additional telephones
      will be at the rate of $15.00
      per
      month.

     

    Base
      Rent, charges for services under this paragraph 6, together with all other
      amounts payable by Tenant to Landlord under this Lease, including, without
      limitation, any late charges shall be deemed to be “Rent”.

     

    
      	4.	
              Late
                Charges. All Payments for Base Rent shall be paid on or before
                the first day of the month in which they are due and in the event
                same is
                not paid by the fifth day of the month in which they are due, Tenant
                shall
                owe a late payment service charge of ten percent (10%) of the amount
                due, in addition to Base Rent, or $25.00, whichever is greater. If
                charges for Services are not paid within five (5) days after billing,
                they
                are also subject to a ten percent (10%) late payment service charge.
                Tenant agrees that a $25.00 service charge per check may be added
                by
                Landlord in the event any check tendered by Tenant is returned for
                any
                reason. This S25.00 service charge shall be in addition to any late
                payment service charge that may be
                due.

            

    

     

    
      	5.	
              Use.
                Tenant shall have the right to occupy and use the Premises for general
                business office purposes only related specifically to the Tenant’s
                business of
                Mortgage Brokerage and
                for no other purpose (including but not limited to the purpose of
                food or
                sleeping quarters or any other form of lodging or residential activity)
                and solely by the Tenant. Tenant agrees not to use or permit the
                use of
                the Premises for any purpose which is illegal, or which, in Landlord’s
                opinion, creates a nuisance or disturbance to any occupants of the
                Suites
                or the Building or the Project, or which would increase the cost
                of
                Insurance coverage for the Premises, the Suites, the Building or
                the
                Project. Tenant agrees to refrain from using any electrical devices
                using
                more than 0.25 Kilowatt hour at rated capacity, without the prior
                written
                permission of Landlord. There may be a surcharge for using high energy
                electrical devices. If, after execution of this Lease or at any point
                during the Term, Tenant increases the number of persons occupying
                the
                Premises, only with Landlord’s prior written approval, a rental adjustment
                of  $50.00 per person will be
                made.

            

    

     

    
      	6.	
              Utilities
                and Building Services. Landlord will make any repairs to the
                Premises as it deems necessary, and Landlord will furnish, during
                Regular
                Business Hours, electricity for lighting and normal office use, common
                restroom facilities, and heating and air conditioning. Landlord shall
                not
                be liable for any damage for failure to furnish such services if
                such
                failure is caused by breakage, repairs, strikes or other cause, similar
                or
                dissimilar, beyond the reasonable control of Landlord; nor shall
                Landlord
                be liable under any circumstances for loss or injury to persons or
                property resulting from fire, explosion, water damage, rain or snow
                or any
                other casualty of any nature.

            

    

     

    
      	7.	
              Tenant
                Improvements. Unless otherwise expressly agrees to in writing by
                Landlord, Landlord shall have no obligation to construct any tenant
                improvements in the Premises and Tenant accepts the Premises “as
                is”.

            

    

     

    
      	8.	
              Insurance. Tenant
                shall, from the date on which it takes possession of the Premises
                even
                if
                such date precedes the commencement of the Term, and throughout the
                Term,
                procure and carry at its expense comprehensive liability insurance
                and
                contents insurance in the amount of $300,000.00 on the Premises with
                an
                insurance company authorized to do business in Florida and acceptable
                to
                Landlord. Such insurance shall be carried in the name and for the
                benefit
                of Tenant and Landlord. Upon occupancy, a Certificate of Insurance
                shall
                be delivered to Landlord naming Landlord additionally
                insured.

            

    

     

    
      
        
        

      

      
        2

        
          

        

      

      
        
        

      

    

     

    
      	9.	
              Assignment
                and Subleasing. Tenant
                shall not assign this Lease or sublet the Premises or permit the
                use of
                the Premises by others without the prior written consent of Landlord
                which
                shall not be unreasonably withheld. However, Landlord may exercise
                assignment of this Lease without permission of
                Tenant.

            

    

     

    
      	10.	
              Relocation.
                Landlord expressly reserves the right at Landlord’s sole cost and expense
                to relocate Tenant in some other space of Landlord’s choosing of
                approximately the same dimensions and size within the
                Suites.

            

    

     

    
      	11.	
              Fire
                or Other Casualty. In the event the Premises, the Suites, or the
                Building should be totally destroyed by fire, tornado or other casualty
                or
                be so damaged that rebuilding or repairs cannot be completed within
                sixty
                (60) days after date of such damage, either Tenant or Landlord may,
                at its
                option terminate this Lease. In the event the Premises, the Suites,
                or the
                Building should be so damaged to the extent that rebuilding or repairs
                cannot be completed within sixty (60) days after the date of such
                damage,
                Landlord may, at its option, elect to terminate this Lease or within
                thirty (30) days after such damage, notify Tenant of Landlord’s intent to
                repair the Premises in which event the Base Rent shall be abated
                for the
                period of time in which such Premises are not available for occupancy
                by
                Tenant.

            

    

     

    
      	12.	
              Waiver
                of Certain Claims. Tenant,
                to the extent permitted by law, waives all claims it may have against
                Landlord, and against Landlord’s agents and employees for any damages
                sustained by Tenant or by any occupant of the Premises, or by any
                other
                person, resulting from any cause arising at any time, except for
                any loss,
                cost injury or damage caused by any act of negligence by Landlord,
                its
                agent and employees. Tenant agrees to hold Landlord harmless and
                indemnified against any expense, loss or liability paid, suffered
                or
                incurred, including attorney fees, as a result of any breach by Tenant,
                its agents, customers or visitors of any agreement in this Lease,
                or as a
                result of Tenant’s use or occupancy of the Premises, or the carelessness,
                negligence or improper conduct of Tenant, its agents, customers or
                invitees.

            

    

     

    
      	13.	
              Limitation
                of Landlord’s Liability. The
                obligation of Landlord under this Lease do not constitute personal
                obligations of the individual partners, shareholders, directors,
                officers,
                employees or agents of Landlord, and Tenant shall look solely to
                Landlord’s interest in the Premises and to no other assets of Landlord for
                satisfaction of any liability in respect of this Lease. Tenant will
                not
                seek recourse against the individual partners, shareholders, directors,
                officers, employees or agents of Landlord or any of their personal
                assets
                for such satisfaction. Notwithstanding any other provisions contained
                herein, Landlord shall not be liable to Tenant, its contractors,
                agents or
                employees for any consequential damages or damages for loss of
                profits.

            

    

     

    
      	14.	
              Mutual
                Covenants. In
                the event that either Tenant or Landlord does not wish to continue
                said
                Lease, either shall give notice in writing to the other at least
                thirty
                (30) days before the date it wishes to terminate the Lease and to
                have the
                Tenant vacate the premises.

            

    

     

    
      	15.	
              Default. Each
                of the following acts, omissions or occurrences of Tenant shall constitute
                an “Event-of-Default”:

            

    

     

    
      A.Failure
        to pay any sum due pursuant to the terms of this Lease after five (5) days
        written notice.

    

     

    
      
        
        

      

      
        3

        
          

        

      

      
        
        

      

       

    

    B. Failure
      to perform or observe according to its terms any covenant contained in this
      Lease; or any other instrument or document executed in connection with this
      Lease.

     

    C. Failure
      to strictly observe and comply with any other term of this Lease and such
      failure continues after fifteen (15) days written notice.

     

    D. Commission
      of any act of bankruptcy, becoming insolvent, making an assignment for the
      benefit of creditors, causing to be appointed, with or without the consent
      of
      the Landlord, a receiver, trustee or liquidator to oversee or dispose of any
      of
      the assets of the Tenant.

     

    
      	16.	
              Remedies. Upon
                the occurrence of an Event of Default by Tenant, Landlord shall have
                the
                option to pursue any one or more of the following remedies without
                any
                notice or demand for possession
“whatsoever:

            

    

     

    A. Elect
      that the Rent due hereunder be accelerated and the entire amount of remaining
      Rent be due immediately, plus any past due amounts.

     

    B. Terminate
      all Services to include any and all of Schedule2 (Services).

     

    C. Enter
      upon Tenant’s Premises and take immediate possession.

     

    D. In
      addition to the statutory Landlord’s lien, the Landlord shall have at all times,
      and Tenant hereby grants to Landlord, a valid security interest to secure the
      payment of all Rent and other sums due or to become due to Landlord from Tenant
      and to secure the payment of any damages or losses which Landlord may suffer
      by
      reason of any breach by Tenant and of any covenant, agreement or condition
      contained herein, including a lien upon all goods, wares, equipment, fixtures,
      furniture and other personal property of the Premises presently located on
      or
      which may hereafter be situated in the Premises presently located on or which
      may hereafter be situated in the Premises, and all proceeds therefrom. Landlord
      shall have all rights and remedies as provided by Florida law. The requirement
      of reasonable notice shall be met if such notice is given at least five (5)
      days
      before the time of any sale or the occurrence of any other event for which
      is
      required. Furniture or equipment rental from the Landlord or the Landlord’s
      vendor remains the property of the Landlord or the vendor.

     

    E. Exercise
      any and or all other remedies available to Landlord at law or in equity,
      including, without limitation, injunctive relief, attorney’s fees and
      costs.

     

    
      	17.	
              Attorney’s
                Fees. If
                any action or proceeding is brought by either party against the other
                pertaining to or arising out of this Lease, the prevailing party
                shall be
                entitled to recover all costs and expenses, including reasonable
                attorneys’ fees, incurred on account of such action or
                proceeding.

            

    

     

    
      	18.	
              Restrictions. Tenant
                will not bring a copy machine, telephone system, any manner of word
                processing, data processing equipment or any other similar type of
                equipment except personal computers into the office without the prior
                written approval of Landlord, nor will Tenant hire any secretary
                and/or
                typist to work in the Suites at any time whether full or part-time
                during
                regular business hours or after hours without prior written approval
                of
                Landlord. Landlord shall have sole and absolute discretion in refusing
                and/or permitting the above.

            

    

     

    
      	19.	
              Other
                Terms and Conditions. The parties agree as
                follows:

            

    

     

    A. Tenant
      will not damage or deface the furniture, walls, floors, carpeting or ceilings,
      or make
      any
      unlawful, improper or offensive use of the Premises, obstruct hallways and
      other
      common areas, nor commit any act which may damage the Building or Project or
      disturb the quiet enjoyment of any other tenant. Tenant further agrees to
      provide, at Tenant’s sole cost and expense, and utilize a plastic chair mat of
      the type normally used to protect carpet. Damage to the carpet from failure
      to
      use a chair mat shall not be considered normal wear and tear and Tenant shall
      be
      responsible for such damages, including, but not limited to, the cost of
      replacement of the entire carpet in the Premises. At the termination of this
      Lease, Tenant shall return the Premises in as good condition as when Tenant
      took
      possession, normal wear and tear excepted.

     

    
      
        
        

      

      
        4

        
          

        

      

      
        
        

      

    

     

    B. Landlord
      shall have the right at all reasonable times to enter the Premises to inspect
      the same, to make such repairs and alterations in accordance with this Lease
      and
      (within sixty (60) days prior to termination of this Lease) to show the Premises
      to prospective tenants provided Landlord shall use reasonable efforts not to
      disrupt Tenant’s business.

     

    C. Any
      notice hereunder shall be in writing and deemed duly given if delivered or
      mailed to Tenant’s or Landlord’s address as shown below, or to such address as
      may be specified in writing by either party.

     

               
      1)    If
      intended for Tenant:

     

    Freedom
      Financial Mortgage Corporation 

    421
      E.
      Cook Rd 

    Suite
      200

    Ft.
      Wayne. Indiana 46825

     

               
      2)    If
      intended for Landlord:

     

    ASP
      MV,
      L.L.C. 

    c/o
      Terrabrook 

    3030
      LBJ
      Freeway 

    Suite
      1500 

    Dallas,
      TX 75234

     

                        With
      a copy to:

     

    ASP
      MV,
      L.L.C.

    c/o
      Cypress Point Executive Suites

    10014
      North Dale Mabry Highway

    Suite
      101

    Tampa,
      FL
      33618

     

    or
      to
      such other address which any party entitled to receive notice hereunder has
      designated to the other in writing.

     

    D. Tenant
      agrees that any personal property brought into the Premises is done so at
      Tenant’s own risk and if any loss/damage occurs, Landlord is not
      liable.

     

    E. If
      Tenant
      fails to pay Rent promptly when due, abandons the Premises or otherwise defaults
      in complying with this Lease, Landlord shall be entitled to immediate possession
      of the Premises and reasonable damages, including any court cost or reasonable
      attorney fees incurred by Landlord in attempting to collect rent, damages and
      in
      regaining possession.

     

    F. This
      Lease, any memorandum, short form or notice hereof may be not recorded in any
      public record without the written consent of Landlord.

     

    G. Landlord
      reserves the right to limit excessive conference room usage.

     

    
      
        
        

      

      
        5

        
          

        

      

      
        
        

      

    

     

    H.
      Restriction on Hiring and Non-Competition. Tenant
      hereby acknowledges that all
      employees of the Suites who perform work for Tenant under this Lease or other
      service agreements are in fact employees of the Suites. Tenant, including its
      principals and any affiliated companies, agrees that during the Term of this
      Lease and within one (1) year of the termination
      of
      this Lease, neither Tenant nor any of its employees will hire any person who
      is
      employed by the Suites. Further, during the Term of Lease and for a period
      of
      thirty-six (36) months thereafter, Tenant represents and warrants to Landlord,
      its successors and assigns, that it will not offer any service to any tenant
      of
      the Building if such service or a reasonable similar equivalent is offered
      by
      Landlord at the time tenant offers the service or its reasonable equivalent
      to
      another tenant of the Building. In the event that Tenant shall breach any
      obligation of Tenant contained in this paragraph, Tenant shall be liable to
      Landlord for, and shall pay to Landlord on demand, damages in the sum of
      $10,000.00 for each violation hereof, it being mutually agreed that the actual
      damage which would be sustained by Landlord as the result of any such breach
      would be, from the nature of the case, impracticable or extremely difficult
      to
      fix and that the aforesaid liquidated damage amount is fair and reasonable.
      The
      representations and warranties of Tenant shall survive the termination of this
      Lease.

     

    
      	20.	
              Additional
                Provisions. Tenant agrees
                to:

            

    

     

    A. Compliance
      with Laws: Comply with the provision of all recorded covenants, conditions
      and
      restrictions and all building, zoning, fire and other governmental laws,
      ordinances, regulations or rules applicable to the Premises and all requirements
      of the carriers of insurance covering the Building or Project.

     

    B. Nuisances
      or Waste: Not do or permit anything to be done in or about the Premises or
      the
      Suites, or bring or keep anything in the Premises or the Suites that may damage
      the building, constitute waste, constitute an immoral purpose, or use or store
      any toxic chemicals, wastes, elements or substances in the Premises or the
      Suites.

     

    C. Alterations
      and Improvements: Any improvement/alterations desired by Tenant require prior
      written consent from Landlord. Upon expiration of this Lease, all
      improvements/property left on Premises by Tenant shall be deemed conclusively
      abandoned and may, at the election of Landlord, either be retained as Landlord’s
      property or removed by Landlord without consideration to Tenant.

     

    D. Liens:
      Keep the Premises free from liens arising out of any work performed, materials
      furnished or obligations incurred by or for Tenant. If, at any time, a lien
      or
      encumbrance is filed against the Premises, Building or the Project as a result
      of Tenant’s work, materials or obligations, Tenant shall promptly discharge such
      lien or encumbrance. If such hen or encumbrance has not been removed within
      30
      days from the date it is filed, Tenant agrees to deposit with Landlord an amount
      equal to 150% of the amount of the lien, to be held by Landlord as security
      for
      the lien being discharged.

     

    E. Signage: Obtain
      the prior approval of the Landlord before placing any sign or symbol in doors
      or
      windows or elsewhere in or about the Premises, or upon any other part of the
      building including building directories. Any signs or symbols which have been
      placed without Landlord’s approval may be removed by Landlord. Upon expiration
      or termination of this lease, all signs installed by Tenant shall be removed
      and
      any damage resulting therefrom shall be promptly repaired, or such removal
      and
      repair may be done by Landlord and the cost charged to Tenant as
      rent.

     

    
      
        
        

      

      
        6

        
          

        

      

      
        
        

      

    

     

    
      	21.	
              Severability.
                In the event any part of this Lease is held to be unenforceable,
                or
                invalid, for any reason, the balance of this Lease shall not be affected
                and shall remain in full force and effect during the Term of the
                Lease.

            

    

     

    
      	22.	
              Disclosure.
                In accordance with Florida Law, the following disclosure is hereby
                made:

            

    

     

    Radon
      Gas: Radon is a naturally occurring radioactive gas that, when it has
      accumulated in a building in sufficient quantities, may present health risks
      to
      persons who are exposed to it over time. Levels of Radon that exceed Federal
      and
      State guidelines have been found in buildings in Florida. Additional information
      regarding Radon and radon testing may be obtained from your county public health
      unit.

     

    
      	23.	
              Rules.
                Landlord shall from time to time establish and maintain reasonable
                rules
                and regulations for the efficient operation of the Suites in which
                the
                Premises are located. Tenant hereby covenants and agrees to abide
                by these
                rules and regulations.

            

    

     

    
      	24.	
              Miscellaneous.

            

    

     

    A. All
      schedules and addenda attached hereto are hereby incorporated herein. The laws
      of the State of Florida shall govern this Lease.

     

    B. If
      Tenant
      is a corporation, each person signing this Lease on behalf of Tenant represents
      and warrants that he has full authority to do so and that this Lease binds
      corporation. If Tenant is a partnership, each person signing this Lease for
      Tenant represents and warrants that he is a general partner and that this Lease
      binds the partnership and all general partners of the partnership.

     

    C. If
      Tenant
      is an individual of partnership, all parties signing this Lease as Tenant shall
      be jointly and severally liable for all obligations of Tenant.

     

    D. Tenant
      represents and warrants to Landlord that there are no agents, brokers, finders
      or other parties with whom Tenant has dealt who are or may be entitled to any
      commission or fee with respect to this Lease or the Premises.

     

    This
      Lease constitutes the entire agreement between the parties hereto; all prior
      agreements and representations between the parties, whether written or oral,
      shall be of no force and effect. This Lease cannot be changed, modified, or
      discharged orally but only by an agreement in writing and signed by all
      parties.

     

    IN
      WITNESS WHEREOF, Landlord and Tenant have executed this Lease as of the day
      and
      year first above written.

     

    
      	LANDLORD:  	 	TENANT:
	 	 	 	 
	ASP MV,
              L.L.C.	 	Freedom Financial Mortgage
              Corporation
	 	 	 	 
	By:	/s/
              Scott R.
              Fitzgerald	 	By:	/s/
              Robin W.
              Hunt
	 	
              
Its
              Authorized Signatory	 	 	
              
 Robin
              W. Hunt - Vice President
	 	 	 	 	 
	
              SCOTT
                R. FITZGERALD

              VICE-PRESIDENT

            	 	Its:	Vice
              - President

    

     

    
      
        
        

      

      
        7

        
          

        

      

      
        
        

      

    

     

    SCHEDULE
      1

     

    (SUITE
      LAYOUT)

     

    

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    SCHEDULE
      2

    SERVICES
      INCLUDED IN THE MONTHLY RENT

     

    Telephone
      Service - Personalized
      with your business name.

     

    Office
      Furniture - One
      desk,
      one executive chair, one credenza, two side chairs, one lamp when
      available

     

    Utilities
      and Cleaning Services

     

    Receptionist
      - Professionally
      trained staff to greet your clients.

     

    Kitchen
      Facility - Full
      use,
      including free coffee, tea and hot chocolate for you and your
      clients.

     

    Conference
      Rooms - One
      large
      conference room, one small conference room and a courtesy office on a
      reservation only basis.

     

    Audio/Visual
      Equipment - For
      your
      personalized presentations.

     

    Mail
      Service - Daily
      pick up and delivery at a central location.

     

    Signage
      - Your
      company name on the building directory and outside your office.

     

    Access
      to your Suite and Facilities - 24
      hours
      per day, seven days per week.

     

    Free
      Notary Service - In
      house.

     

    OTHER
      SERVICES WITH AN ADDITIONAL CHARGE

    

    
      	
              Photo
                Copies

            	 	
              1
                -
                199 Copies

            	 	
              $.13/copy

            
	 	 	
              200
                - 499 copies

            	 	
              $.l0/copy

            
	 	 	
              500
                & over copies

            	 	
              $.08/copy

            
	 	 	 	 	 
	
              Fax
                Service

            	 	
              $1.00
                per page incoming or outgoing

            	 	 
	 	 	 	 	 
	
              Metered
                Mail

            	 	
              20%
                handling charge plus postage

            	 	 

    

     

    Telephone
      Instrument Rental - In addition to the monthly rental, Tenant agrees to
      pay a telephone rental charge in the amount of $25.00 per month for an Executone
      17 key digital telephone or $35.00 per month for an Executone 28 key digital
      speaker telephone. Any additional telephones will be at the rate of $15.00
      each
      per month.

     

    Word
      Processing - $21.00
      per hour

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    SCHEDULE
      3

    RULE
      AND REGULATIONS

     

    
      	1.	
              Tenant
                shall not block or obstruct any of the entries, passages, doors or
                hallways of the Suites or Building, or throw any trash or material
                of any
                nature into such areas, or permit such areas to be used at any time
                except
                for ingress or egress. In the event Tenant must dispose of crates,
                boxes,
                etc., which will not fit into the office wastepaper baskets, it will
                be
                the responsibility of Tenant to dispose of same, in no event shall
                Tenant
                set such items in the public hallways or other areas except in Tenant’s
                own Premises for disposal.

            

    

     

    
      	2.	
              No
                sign, door plaque, advertisement or notice shall be displayed, painted
                or
                affixed by Tenant, in or on any part of the outside or inside of
                the
                Premises, the Suites, Building or
                Project.

            

    

     

    
      	3.	
              Landlord
                will not be responsible for lost or stolen property, equipment, money
                or
                any article taken from the Premises, the Suites, Building or Project
                regardless of how or when loss
                occurs.

            

    

     

    
      	4.	
              No
                additional lock shall be placed on any door or changes made to existing
                locks without the prior written consent of Landlord. Landlord will
                furnish
                two keys to each lock on the doors to the Premises and Landlord,
                upon
                request of Tenant, shall provide additional duplicate keys at Tenants
                expense. Landlord may at all times keep a pass key to the Premises.
                All
                keys shall be returned to Landlord promptly upon termination of this
                Lease.

            

    

     

    
      	5.	
              Tenant
                shall do no painting or decorating in the Premises, or mark, paint
                or cut
                into, drive nails or screws into or in any way deface any part of
                the
                Premises without the prior written consent of
                Landlord.

            

    

     

    
      	6.	
              Landlord
                reserves the right to close at 5:00 p.m. However, Tenant has the
                right to
                admittance under regulations prescribed by Landlord. Landlord specifically
                reserves the right to refuse admittance to the building after business
                hours, on Saturday, Sunday or legal holidays to any person or persons
                who
                cannot furnish satisfactory identification, or to any person or persons,
                who for any other reason in the Landlord’s judgement, should be denied
                access to the building.

            

    

     

    
      	7.	
              Tenant
                shall not, without the Landlord’s prior written consent, store or operate
                any computer (except a desk top computer) or any other large business
                machines, reproduction equipment, heating equipment, stove, refrigerator
                or coffee equipment, or conduct a mechanical business thereon, do
                any
                cooking thereon, or use or allow to be used on the Premises oil,
                burning
                fluids, gasoline, kerosene for heating, warming or lighting. No article
                deemed hazardous on account of fire or any explosives shall be brought
                onto said Premises. No offensive gases, odors or liquids will be
                permitted.

            

    

     

    
      	8.	
              Tenant
                shall not permit the operation of any musical or sound producing
                instruments or device which
                may be heard outside the Premises, or which may emanate electrical
                waves
                which will impair radio or television broadcasting or
                reception.

            

    

     

    
      	9.	
              Tenant
                shall, before leaving the Premises unattended, close and lock all
                doors
                and shut off all utilities; damage resulting from failure to do so
                shall
                be paid by Tenant.

            

    

     

    
      	10.	
              Tenant
                shall reimburse Landlord, upon demand, for costs and expenses incurred
                by
                Landlord by reason of repair or replacement of any and all plate
                and other
                glass now or in the future located in the Premises whether installed
                by
                Landlord or Tenant resulting from or caused by the negligence or
                willful
                or wanton misconduct of Tenant or those claiming by through or under
                it.

            

    

     

    
      
        
        

      

      
        1

        
          

        

      

      
        
        

      

       

    

    
      	11.	
              Tenant
                shall give Landlord prompt notice of all accidents to or defects
                in air
                conditioning equipment, plumbing, electric facilities or any part
                of
                appurtenance of the Premises.

            

    

     

    
      	12.	
              The
                plumbing facilities shall not be used for any other purpose than
                that for
                which they are constructed, and no foreign substance of any land
                shall be
                thrown therein, and the expense of any breakage, stoppage, or damage
                resulting from violation of this provision shall be borne by
                Tenant.

            

    

     

    
      	13.	
              If
                Tenant requires any wiring for business machines, office equipment
                or
                otherwise, such wiring shall be done by an electrician designated
                by
                Landlord. The electrical current shall be used for ordinary lighting
                purposes only unless written permission to do otherwise shall first
                have
                been obtained by the Landlord at an agreed cost to
                Tenant.

            

    

     

    
      	14.	
              All
                contractors and/or technicians performing work for Tenant within
                the
                Premises, shall be referred to Landlord for approval before performing
                such work. This shall apply to all work including, but not Limited
                to,
                installation of telephones, telegraph equipment, electrical devices
                and
                attachments, and all installations affecting floors, walls, windows,
                doors, ceiling, equipment or any other physical feature of the Premises.
                None of this work shall be done by Tenant without Landlord’s prior written
                approval.

            

    

     

    
      	15.	
              Glass
                panel doors that reflect or admit light into the passageways or into
                any
                place in the building shall not be covered or obstructed by the Tenant,
                and Tenant shall not permit, erect, and/or place drapes, furniture,
                fixtures, shelving, display cases or tables, lights or signs and
                advertising devices in front of or in proximity of interior and exterior
                windows, glass panels, or glass doors providing a view into the interior
                of the Premises unless same shall have first been approved in writing
                by
                Landlord.

            

    

     

    
      	16.	
              Canvassing,
                soliciting and peddling in the Suites, Building, Project or parking
                areas
                is prohibited without prior written approval of
                Landlord.

            

    

     

    
      	17.	
              The
                work of Landlord’s janitors or cleaning personnel shall not be hindered by
                Tenant after 5:00 p.m. and such work may be done at any time when
                the
                offices are vacant. The windows, doors and fixtures may be cleaned
                at any
                time. Tenant shall provide adequate waste and rubbish receptacles,
                cabinets, bookcases, map cases, etc., necessary to prevent unreasonable
                hardship to Landlord in discharging its obligation regarding cleaning
                service. In this regard, Tenant shall also empty all glasses, cups
                and
                other containers holding any type of liquid
                whatsoever.

            

    

     

    
      	18.	
              No
                bicycles, vehicles, or animals of any land shall be brought into
                or kept
                in or about the Premises at
                any time.

            

    

     

    
      	19.	
              No
                smoking of any land shall be permitted in any of the Suites, conference
                rooms, corridors, halls, elevators, stairways or
                restrooms.

            

    

     

    
      	20.	
              No
                removals, or the carrying in and out of any safes, freight, furniture
                or
                bulky matter of any description must take place during the hours
                which the
                Landlord or its agent may determine from time to time. All such movement
                shall be under supervision of Landlord and in the manner agreed between
                Tenant and Landlord by prearrangement before performance. Landlord
                reserves the right to prescribe the weight and position of all safes,
                which must be placed upon two-inch-thick plank strips to distribute
                the
                weight. Any damage done to the building or to other tenant or to
                other
                persons in bringing in or removing safes, furniture or other bulky
                or
                heavy articles shall be paid for by the
                Tenant.

            

    

     

    
      
        
        

      

      
        2

        
          

        

      

      
        
        

      

    

     

    
      	21.	
              Landlord
                reserves the right to make such other and further reasonable rules
                and
                regulations as in its judgement may from time to time be needed for
                safety, care and cleanliness of the Premises, the Suites, or the
                Building,
                and for the preservation of good order therein and any such other
                or
                further Rules and regulations shall be finding upon the parties hereto
                with the same force and effect as if they had been set forth herein
                at the
                time of the execution hereof.

            

    

     

    
      
        
        

      

      
        3FREEDOM
      FINANCIAL HOLDINGS, INC. 2006 INCENTIVE STOCK PLAN

    
      

      

    

    
      THIS
        FREEDOM
        FINANCIAL
        HOLDINGS,
        INC.
        2006 INCENTIVE
        STOCK
        PLAN
        (the
        "Plan")
        is
        designed to retain directors, executives, selected employees and consultants
        and
        reward them for making major contributions to the success of the Company.
        These
        objectives are accomplished by making long-term incentive awards under the
        Plan
        thereby providing Participants with a proprietary interest in the growth
        and
        performance of the Company.

    

    

    
      	1.  	
              Definitions.

            

    

    

    
      	(a)  	
              "Board"
                -
                The Board of Directors of the
                Company.

            

    

    

    
      	(b)  	
              "Code"
                -
                The Internal Revenue Code of 1986, as amended from time to
                time.

            

    

    

    
      	(c)  	
              "Committee"
                -
                The Compensation Committee of the Company's Board, or such other
                committee
                of the Board that is designated by the Board to administer the Plan,
                composed of not less than two members of the Board all of whom are
                disinterested persons, as contemplated by Rule 16b-3 ("Rule
                16b-3")
                promulgated under the Securities Exchange Act of 1934, as amended
                (the
                "Exchange
                Act").

            

    

    

    
      	(d)  	
              "Company"
                -
                FREEDOM FINANCIAL HOLDINGS, INC. and its subsidiaries including
                subsidiaries of subsidiaries.

            

    

    

    
      	(e)  	
              "Exchange Act"
                -
                The Securities Exchange Act of 1934, as amended from time to
                time.

            

    

    

    
      	(f)  	
              "Fair
                Market Value"
                -
                The fair market value of the Company's issued and outstanding Stock
                as
                determined in good faith by the Board or
                Committee.

            

    

    

    
      	(g)  	
              "Indiana
                Blue Sky Laws"
                -
                Chapter 1-Securities Regulation of the Blue Sky Law of the Indiana
                Statutes. 

            

    

    

    
      	(h)  	
              "Grant"
                -
                The grant of any form of stock option, stock award, or stock purchase
                offer, whether granted singly, in combination or in tandem, to a
                Participant pursuant on such terms, conditions and limitations as
                the
                Committee may establish in order to fulfill the objectives of the
                Plan.

            

    

    

    
      	(i)  	
              "Grant
                Agreement"
                -
                An agreement between the Company and a Participant that sets forth
                the
                terms, conditions and limitations applicable to a
                Grant.

            

    

    

    
      	(j)  	
              "Option"
                -
                Either an Incentive Stock Option, in accordance with Section 422
                of Code,
                or a Nonstatutory Option, to purchase the Company's Stock that may
                be
                awarded to a Participant under the Plan. A Participant who receives
                an
                award of an Option shall be referred to as an "Optionee."

            

    

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    
      	(k)  	
              "Participant"
                -
                A director, officer, employee or consultant of the Company to whom
                an
                Award has been made under the Plan.

            

    

    

    
      	(l)  	
              "Restricted
                Stock Purchase Offer"
                -
                A Grant of the right to purchase a specified number of shares of
                Stock
                pursuant to a written agreement issued under the
                Plan.

            

    

    

    
      	(m)  	
              "Securities
                Act"
                -
                The Securities Act of 1933, as amended from time to
                time.

            

    

    

    
      	(n)  	
              "Stock"
                -
                Authorized and issued or unissued shares of common stock of the
                Company.

            

    

    

    
      	(o)  	
              "Stock
                Award"
                -
                A Grant made under the Plan in stock or denominated in units of stock
                for
                which the Participant is not obligated to pay additional
                consideration.

            

    

    

    
      	2.  	
              Administration.
                The Plan shall be administered by the Board, provided however, that
                the
                Board may delegate such administration to the Committee. Subject
                to the
                provisions of the Plan, the Board and/or the Committee shall have
                authority to (a) grant, in its discretion, Incentive Stock Options
                in
                accordance with Section 422 of the Code, or Nonstatutory Options,
                Stock
                Awards or Restricted Stock Purchase Offers; (b) determine in good
                faith
                the fair market value of the Stock covered by any Grant; (c) determine
                which eligible persons shall receive Grants and the number of shares,
                restrictions, terms and conditions to be included in such Grants;
                (d)
                construe and interpret the Plan; (e) promulgate, amend and rescind
                rules
                and regulations relating to its administration, and correct defects,
                omissions and inconsistencies in the Plan or any Grant; (f) consistent
                with the Plan and with the consent of the Participant, as appropriate,
                amend any outstanding Grant or amend the exercise date or dates thereof;
                (g) determine the duration and purpose of leaves of absence which
                may be
                granted to Participants without constituting termination of their
                employment for the purpose of the Plan or any Grant; and (h) make
                all
                other determinations necessary or advisable for the Plan's administration.
                The interpretation and construction by the Board of any provisions
                of the
                Plan or selection of Participants shall be conclusive and final.
                No member
                of the Board or the Committee shall be liable for any action or
                determination made in good faith with respect to the Plan or any
                Grant
                made thereunder.

            

    

    

    
      	3.  	
              Eligibility.

            

    

    

    
      	(a)  	
              General:
                The persons who shall be eligible to receive Grants shall be directors,
                officers, employees or consultants to the Company. The term consultant
                shall mean any person, other than an employee, who is engaged by
                the
                Company to render services and is compensated for such services.
                An
                Optionee may hold more than one Option. Any issuance of a Grant to
                an
                officer or director of the Company subsequent to the first registration
                of
                any of the securities of the Company under the Exchange Act shall
                comply
                with the requirements of Rule
                16b-3.

            

    

    

    
      	(b)  	
              Incentive
                Stock Options:
                Incentive Stock Options may only be issued to employees of the Company.
                Incentive Stock Options may be granted to officers or directors,
                provided
                they are also employees of the Company. Payment of a director's fee
                shall
                not be sufficient to constitute employment by the
                Company.

            

    

    

    
      
        
        

      

      
        -2-

        
          

        

      

      
        
        

      

    

    

    The
      Company shall not grant an Incentive Stock Option under the Plan to any employee
      if such Grant would result in such employee holding the right to exercise for
      the first time in any one (1) calendar year, under all Incentive Stock Options
      granted under the Plan or any other plan maintained by the Company, with respect
      to shares of Stock having an aggregate fair market value, determined as of
      the
      date of the Option is granted, in excess of $100,000. Should it be determined
      that an Incentive Stock Option granted under the Plan exceeds such maximum
      for
      any reason other than a failure in good faith to value the Stock subject to
      such
      option, the excess portion of such option shall be considered a Nonstatutory
      Option. To the extent the employee holds two (2) or more such Options which
      become exercisable for the first time in the same calendar year, the foregoing
      limitation on the exercisability of such Option as Incentive Stock Options
      under
      the Federal tax laws shall be applied on the basis of the order in which such
      Options are granted. If, for any reason, an entire Option does not qualify
      as an
      Incentive Stock Option by reason of exceeding such maximum, such Option shall
      be
      considered a Nonstatutory Option.

    

    
      	(c)  	
              Nonstatutory
                Option:
                The provisions of the foregoing Section 3(b) shall not apply to any
                Option
                designated as a "Nonstatutory
                Option"
                or which sets forth the intention of the parties that the Option
                be a
                Nonstatutory Option.

            

    

    

    
      	(d)  	
              Stock
                Awards and Restricted Stock Purchase Offers:
                The provisions of this Section 3 shall not apply to any Stock Award
                or
                Restricted Stock Purchase Offer under the
                Plan.

            

    

    

    
      	4.  	
              Stock.

            

    

    

    
      	(a)  	
              Authorized
                Stock:
                Stock subject to Grants may be either unissued or reacquired
                Stock.

            

    

    

    
      	(b)  	
              Number
                of Shares:
                Subject to adjustment as provided in Section 5(i) of the Plan, the
                total
                number of shares of Stock which may be purchased or granted directly
                by
                Options, Stock Awards or Restricted Stock Purchase Offers, or purchased
                indirectly through exercise of Options granted under the Plan shall
                not
                exceed Three Hundred Thousand (300,000). If any Grant shall for any
                reason
                terminate or expire, any shares allocated thereto but remaining
                unpurchased upon such expiration or termination shall again be available
                for Grants with respect thereto under the Plan as though no Grant
                had
                previously occurred with respect to such shares. Any shares of Stock
                issued pursuant to a Grant and repurchased pursuant to the terms
                thereof
                shall be available for future Grants as though not previously covered
                by a
                Grant.

            

    

    

    
      	(c)  	
              Reservation
                of Shares:
                The Company shall reserve and keep available at all times during
                the term
                of the Plan such number of shares as shall be sufficient to satisfy
                the
                requirements of the Plan. If, after reasonable efforts, which efforts
                shall not include the registration of the Plan or Grants under the
                Securities Act, the Company is unable to obtain authority from any
                applicable regulatory body, which authorization is deemed necessary
                by
                legal counsel for the Company for the lawful issuance of shares hereunder,
                the Company shall be relieved of any liability with respect to its
                failure
                to issue and sell the shares for which such requisite authority was
                so
                deemed necessary unless and until such authority is
                obtained.

            

    

     

    
      
        
        

      

      
        -3-

        
          

        

      

      
        
        

      

    

     

    
      	(d)  	
              Application
                of Funds:
                The
                proceeds received by the Company from the sale of Stock pursuant
                to the
                exercise of Options or rights under Stock Purchase Agreements will
                be used
                for general corporate purposes.

            

    

    

    
      	(e)  	
              No
                Obligation to Exercise:
                The issuance of a Grant shall impose no obligation upon the Participant
                to
                exercise any rights under such
                Grant.

            

    

    

    
      	5.  	
              Terms
                and Conditions of Options. Options granted hereunder shall be evidenced
                by
                agreements between the Company and the respective Optionees, in such
                form
                and substance as the Board or Committee shall from time to time approve.
                The form of Incentive Stock Option Agreement attached hereto as
                Exhibit
                A
                and the three forms of a Nonstatutory Stock Option Agreement for
                employees, for directors and for consultants, attached hereto as
                Exhibit
                B-1, Exhibit
                B-2
                and
                Exhibit B-3,
                respectively, shall be deemed to be approved by the Board. Option
                agreements need not be identical, and in each case may include such
                provisions as the Board or Committee may determine, but all such
                agreements shall be subject to and limited by the following terms
                and
                conditions:

            

    

    

    
      	(a)  	
              Number
                of Shares:
                Each Option shall state the number of shares to which it
                pertains.

            

    

    

    
      	(b)  	
              Exercise
                Price:
                Each Option shall state the exercise price, which shall be determined
                as
                follows:

            

    

    

    
      	(i)  	
              Any
                Incentive Stock Option granted to a person who at the time the Option
                is
                granted owns (or is deemed to own pursuant to Section 424(d) of the
                Code)
                stock possessing more than ten percent (10%) of the total combined
                voting
                power or value of all classes of stock of the Company ("Ten
                Percent Holder")
                shall have an exercise price of no less than 110% of the Fair Market
                Value
                of the Stock as of the date of grant;
                and

            

    

    

    
      	(ii)  	
              Incentive
                Stock Options granted to a person who at the time the Option is granted
                is
                not a Ten Percent Holder shall have an exercise price of no less
                than 100%
                of the Fair Market Value of the Stock as of the date of
                grant.

            

    

    

    For
      the
      purposes of this Section 5(b), the Fair Market Value shall be as determined
      by
      the Board in good faith, which determination shall be conclusive and binding;
      provided however, that if there is a public market for such Stock, the Fair
      Market Value per share shall be the average of the bid and asked prices (or
      the
      closing price if such stock is listed on the NASDAQ National Market System
      or
      Small Cap Issue Market) on the date of grant of the Option, or if listed on
      a
      stock exchange, the closing price on such exchange on such date of
      grant.

    

    
      	(c)  	
              Medium
                and Time of Payment:
                The exercise price shall become immediately due upon exercise of
                the
                Option and shall be paid in cash or check made payable to the Company.
                Should the Company's outstanding Stock be registered under Section
                12(g)
                of the Exchange Act at the time the Option is exercised, then the
                exercise
                price may also be paid as follows:

            

    

    

    
      
        
        

      

      
        -4-

        
          

        

      

      
        
        

      

    

     

    
      	(i)  	
              In
                shares of Stock held by the Optionee for the requisite period necessary
                to
                avoid a charge to the Company's earnings for financial reporting
                purposes
                and valued at Fair Market Value on the exercise date,
                or

            

    

    

    
      	(ii)  	
              Through
                a special sale and remittance procedure pursuant to which the Optionee
                shall concurrently provide irrevocable written instructions (a) to
                a
                Company designated brokerage firm to effect the immediate sale of
                the
                purchased shares and remit to the Company, out of the sale proceeds
                available on the settlement date, sufficient funds to cover the aggregate
                exercise price payable for the purchased shares plus all applicable
                Federal, state and local income and employment taxes required to
                be
                withheld by the Company by reason of such purchase and (b) to the
                Company
                to deliver the certificates for the purchased shares directly to
                such
                brokerage firm in order to complete the sale
                transaction.

            

    

    

    At
      the
      discretion of the Board, exercisable either at the time of the Option grant
      or
      of the Option exercise, the exercise price may also be paid (i) by Optionee's
      delivery of a promissory note in form and substance satisfactory to the Company
      and permissible under the Indiana Blue Sky Laws Rules of the State of Indiana
      and bearing interest at a rate determined by the Board in its sole discretion,
      but in no event less than the minimum rate of interest required to avoid the
      imputation of compensation income to the Optionee under the Federal tax laws,
      or
      (ii) in such other form of consideration permitted by the Indiana corporations
      law as may be acceptable to the Board.

    

    
      	(d)  	
              Term
                and Exercise of Options:
                Any Option granted to an employee of the Company shall become exercisable
                over a period of no longer than five (5) years, and no less than
                twenty
                percent (20%) of the shares covered thereby shall become exercisable
                annually. No Option shall be exercisable, in whole or in part, prior
                to
                one (1) year from the date it is granted unless the Board shall
                specifically determine otherwise, as provided herein. In no event
                shall
                any Option be exercisable after the expiration of ten (10) years
                from the
                date it is granted, and no Incentive Stock Option granted to a Ten
                Percent
                Holder shall, by its terms, be exercisable after the expiration of
                five
                (5) years from the date of the Option. Unless otherwise specified
                by the
                Board or the Committee in the resolution authorizing such Option,
                the date
                of grant of an Option shall be deemed to be the date upon which the
                Board
                or the Committee authorizes the granting of such Option.
                

            

    

    

    Each
      Option shall be exercisable to the nearest whole share, in installments or
      otherwise, as the respective Option agreements may provide. During the lifetime
      of an Optionee, the Option shall be exercisable only by the Optionee and shall
      not be assignable or transferable by the Optionee, and no other person shall
      acquire any rights therein. To the extent not exercised, installments (if more
      than one) shall accumulate, but shall be exercisable, in whole or in part,
      only
      during the period for exercise as stated in the Option agreement, whether or
      not
      other installments are then exercisable.

    

    
      	(e)  	
              Termination
                of Status as Employee, Consultant or Director:
                If
                Optionee's status as an employee shall terminate for any reason other
                than
                Optionee's disability or death, then Optionee (or if the Optionee
                shall
                die after such termination, but prior to exercise, Optionee's personal
                representative or the person entitled to succeed to the Option) shall
                have
                the right to exercise the portions of any of Optionee's Incentive
                Stock
                Options which were exercisable as of the date of such termination,
                in
                whole or in part, not less than thirty (30) days nor more than three
                (3)
                months after such termination (or, in the event of "termination
                for good cause"
                as that term is defined in Indiana case law related thereto, or by
                the
                terms of the Plan or the Option Agreement or an employment agreement,
                the
                Option shall automatically terminate as of the termination of employment
                as to all shares covered by the Option).

            

    

    

    
      
        
        

      

      
        -5-

        
          

        

      

      
        
        

      

    

    With
      respect to Nonstatutory Options granted to employees, directors or consultants,
      the Board may specify such period for exercise, not less than thirty (30) days
      (except that in the case of "termination
      for cause"
      or
      removal of a director, the Option shall automatically terminate as of the
      termination of employment or services as to shares covered by the Option,
      following termination of employment or services as the Board deems reasonable
      and appropriate. The Option may be exercised only with respect to installments
      that the Optionee could have exercised at the date of termination of employment
      or services. Nothing contained herein or in any Option granted pursuant hereto
      shall be construed to affect or restrict in any way the right of the Company
      to
      terminate the employment or services of an Optionee with or without
      cause.

    

    
      	(f)  	
              Disability
                of Optionee:
                If
                an Optionee is disabled (within the meaning of Section 22(e)(3) of
                the
                Code) at the time of termination, the three (3) month period set
                forth in
                Section 5(e) shall be a period, as determined by the Board and set
                forth
                in the Option, of not less than six (6) months nor more than one
                (1) year
                after such termination. 

            

    

    

    
      	(g)  	
              Death
                of Optionee:
                If
                an Optionee dies while employed by, engaged as a consultant to, or
                serving
                as a Director of the Company, the portion of such Optionee's Option
                which
                was exercisable at the date of death may be exercised, in whole or
                in
                part, by the estate of the decedent or by a person succeeding to
                the right
                to exercise such Option at any time within (i) a period, as determined
                by
                the Board and set forth in the Option, of not less than six (6) months
                nor
                more than one (1) year after Optionee's death, which period shall
                not be
                more, in the case of a Nonstatutory Option, than the period for exercise
                following termination of employment or services, or (ii) during the
                remaining term of the Option, whichever is the lesser. The Option
                may be
                so exercised only with respect to installments exercisable at the
                time of
                Optionee's death and not previously exercised by the
                Optionee.

            

    

    

    
      	(h)  	
              Nontransferability
                of Option:
                No
                Option shall be transferable by the Optionee, except by will or by
                the
                laws of descent and distribution.

            

    

    

    
      	(i)  	
              Recapitalization:
                Subject to any required action of shareholders, the number of shares
                of
                Stock covered by each outstanding Option, and the exercise price
                per share
                thereof set forth in each such Option, shall be proportionately adjusted
                for any increase or decrease in the number of issued shares of Stock
                of
                the Company resulting from a stock split, stock dividend, combination,
                subdivision or reclassification of shares, or the payment of a stock
                dividend, or any other increase or decrease in the number of such
                shares
                affected without receipt of consideration by the Company; provided,
                however, the conversion of any convertible securities of the Company
                shall
                not be deemed to have been "effected
                without receipt of consideration"
                by the Company.

            

    

     

    
      
        
        

      

      
        -6-

        
          

        

      

      
        
        

      

    

     

    In
      the
      event of a proposed dissolution or liquidation of the Company, a merger or
      consolidation in which the Company is not the surviving entity, or a sale of
      all
      or substantially all of the assets or capital stock of the Company
      (collectively, a "Reorganization"),
      unless otherwise provided by the Board, this Option shall terminate immediately
      prior to such date as is determined by the Board, which date shall be no later
      than the consummation of such Reorganization. In such event, if the entity
      which
      shall be the surviving entity does not tender to Optionee an offer, for which
      it
      has no obligation to do so, to substitute for any unexercised Option a stock
      option or capital stock of such surviving entity, as applicable, which on an
      equitable basis shall provide the Optionee with substantially the same economic
      benefit as such unexercised Option, then the Board may grant to such Optionee,
      in its sole and absolute discretion and without obligation, the right for a
      period commencing thirty (30) days prior to and ending immediately prior to
      the
      date determined by the Board pursuant hereto for termination of the Option
      or
      during the remaining term of the Option, whichever is the lesser, to exercise
      any unexpired Option or Options without regard to the installment provisions
      of
      Paragraph 6(d) of the Plan; provided, that any such right granted shall be
      granted to all Optionees not receiving an offer to receive substitute options
      on
      a consistent basis, and provided further, that any such exercise shall be
      subject to the consummation of such Reorganization.

    

    Subject
      to any required action of shareholders, if the Company shall be the surviving
      entity in any merger or consolidation, each outstanding Option thereafter shall
      pertain to and apply to the securities to which a holder of shares of Stock
      equal to the shares subject to the Option would have been entitled by reason
      of
      such merger or consolidation.

    

    In
      the
      event of a change in the Stock of the Company as presently constituted, which
      is
      limited to a change of all of its authorized shares without par value into
      the
      same number of shares with a par value, the shares resulting from any such
      change shall be deemed to be the Stock within the meaning of the
      Plan.

    

    To
      the
      extent that the foregoing adjustments relate to stock or securities of the
      Company, such adjustments shall be made by the Board, whose determination in
      that respect shall be final, binding and conclusive. Except as expressly
      provided in this Section 5(i), the Optionee shall have no rights by reason
      of
      any subdivision or consolidation of shares of stock of any class or the payment
      of any stock dividend or any other increase or decrease in the number of shares
      of stock of any class, and the number or price of shares of Stock subject to
      any
      Option shall not be affected by, and no adjustment shall be made by reason
      of,
      any dissolution, liquidation, merger, consolidation or sale of assets or capital
      stock, or any issue by the Company of shares of stock of any class or securities
      convertible into shares of stock of any class.

    

    The
      Grant
      of an Option pursuant to the Plan shall not affect in any way the right or
      power
      of the Company to make any adjustments, reclassifications, reorganizations
      or
      changes in 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-

        
          

        

      

      
        
        

      

    

     

    
      	(j)  	
              Rights
                as a Shareholder:
                An
                Optionee shall have no rights as a shareholder with respect to any
                shares
                covered by an Option until the effective date of the issuance of
                the
                shares following exercise of such Option by Optionee. 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 5(i) hereof.
                

            

    

    

    
      	(k)  	
              Modification,
                Acceleration, Extension, and Renewal of Options:
                Subject to the terms and conditions and within the limitations of
                the
                Plan, the Board may modify an Option, or, once an Option is exercisable,
                accelerate the rate at which it may be exercised, and may extend
                or renew
                outstanding Options granted under the Plan or accept the surrender
                of
                outstanding Options (to the extent not theretofore exercised) and
                authorize the granting of new Options in substitution for such Options,
                provided such action is permissible under Section 422 of the Code
                and the
                Indiana Blue Sky Laws. Notwithstanding the provisions of this Section
                5(k), however, no modification of an Option shall, without the consent
                of
                the Optionee, alter to the Optionee's detriment or impair any rights
                or
                obligations under any Option theretofore granted under the
                Plan.

            

    

    

    
      	(l)  	
              Exercise
                Before Exercise Date:
                At
                the discretion of the Board, the Option may, but need not, include
                a
                provision whereby the Optionee may elect to exercise all or any portion
                of
                the Option prior to the stated exercise date of the Option or any
                installment thereof. Any shares so purchased prior to the stated
                exercise
                date shall be subject to repurchase by the Company upon termination
                of
                Optionee's employment as contemplated by Section 5(n) hereof prior
                to the
                exercise date stated in the Option and such other restrictions and
                conditions as the Board or Committee may deem
                advisable.

            

    

    

    
      	(m)  	
              Other
                Provisions:
                The Option agreements authorized under the Plan shall contain such
                other
                provisions, including, without limitation, restrictions upon the
                exercise
                of the Options, as the Board or the Committee shall deem advisable.
                Shares
                shall not be issued pursuant to the exercise of an Option, if the
                exercise
                of such Option or the issuance of shares thereunder would violate,
                in the
                opinion of legal counsel for the Company, the provisions of any applicable
                law or the rules or regulations of any applicable governmental or
                administrative agency or body, such as the Code, the Securities Act,
                the
                Exchange Act, the Indiana Blue Sky Laws, Indiana corporation law,
                and the
                rules promulgated under the foregoing or the rules and regulations
                of any
                exchange upon which the shares of the Company are listed. Without
                limiting
                the generality of the foregoing, the exercise of each Option shall
                be
                subject to the condition that if at any time the Company shall determine
                that (i) the satisfaction of withholding tax or other similar liabilities,
                or (ii) the listing, registration or qualification of any shares
                covered
                by such exercise upon any securities exchange or under any state
                or
                federal law, or (iii) the consent or approval of any regulatory body,
                or
                (iv) the perfection of any exemption from any such withholding, listing,
                registration, qualification, consent or approval is necessary or
                desirable
                in connection with such exercise or the issuance of shares thereunder,
                then in any such event, such exercise shall not be effective unless
                such
                withholding, listing registration, qualification, consent, approval
                or
                exemption shall have been effected, obtained or perfected free of
                any
                conditions not acceptable to the
                Company.

            

    

     

    
      
        
        

      

      
        -8-

        
          

        

      

      
        
        

      

    

     

    
      	(n)  	
              Repurchase
                Agreement:
                The Board may, in its discretion, require as a condition to the Grant
                of
                an Option hereunder, that an Optionee execute an agreement with the
                Company, in form and substance satisfactory to the Board in its discretion
                ("Repurchase
                Agreement"),
                (i) restricting the Optionee's right to transfer shares purchased
                under
                such Option without first offering such shares to the Company or
                another
                shareholder of the Company upon the same terms and conditions as
                provided
                therein; and (ii) providing that upon termination of Optionee's employment
                with the Company, for any reason, the Company (or another shareholder
                of
                the Company, as provided in the Repurchase Agreement) shall have
                the right
                at its discretion (or the discretion of such other shareholders)
                to
                purchase and/or redeem all such shares owned by the Optionee on the
                date
                of termination of his or her employment at a price equal to: (A)
                the fair
                value of such shares as of such date of termination; or (B) if such
                repurchase right lapses at 20% of the number of shares per year,
                the
                original purchase price of such shares, and upon terms of payment
                permissible under the Indiana Blue Sky Laws; provided that in the
                case of
                Options or Stock Awards granted to officers, directors, consultants
                or
                affiliates of the Company, such repurchase provisions may be subject
                to
                additional or greater restrictions as determined by the Board or
                Committee.

            

    

    

    
      	6.  	
              Stock
                Awards and Restricted Stock Purchase
                Offers.

            

    

    

    
      	(a)  	
              Types
                of Grants.

            

    

    

    
      	(i)  	
              Stock
                Award.
                All or part of any Stock Award under the Plan may be subject to conditions
                established by the Board or the Committee, and set forth in the Stock
                Award Agreement, which may include, but are not limited to, continuous
                service with the Company, achievement of specific business objectives,
                increases in specified indices, attaining growth rates and other
                comparable measurements of Company performance. Such Awards may be
                based
                on Fair Market Value or other specified valuation. All Stock Awards
                will
                be made pursuant to the execution of a Stock Award Agreement substantially
                in the form attached hereto as Exhibit
                C.

            

    

    

    
      	(ii)  	
              Restricted
                Stock Purchase Offer.
                A
                Grant of a Restricted Stock Purchase Offer under the Plan shall be
                subject
                to such (i) vesting contingencies related to the Participant's continued
                association with the Company for a specified time and (ii) other
                specified
                conditions as the Board or Committee shall determine, in their sole
                discretion, consistent with the provisions of the Plan. All Restricted
                Stock Purchase Offers shall be made pursuant to a Restricted Stock
                Purchase Offer substantially in the form attached hereto as Exhibit
                D.

            

    

    

    
      	(b)  	
              Conditions
                and Restrictions.
                Shares of Stock which Participants may receive as a Stock Award under
                a
                Stock Award Agreement or Restricted Stock Purchase Offer under a
                Restricted Stock Purchase Offer may include such restrictions as
                the Board
                or Committee, as applicable, shall determine, including restrictions
                on
                transfer, repurchase rights, right of first refusal, and forfeiture
                provisions. When transfer of Stock is so restricted or subject to
                forfeiture provisions it is referred to as "Restricted
                Stock".
                Further, with Board or Committee approval, Stock Awards or Restricted
                Stock Purchase Offers may be deferred, either in the form of installments
                or a future lump sum distribution. The Board or Committee may permit
                selected Participants to elect to defer distributions of Stock Awards
                or
                Restricted Stock Purchase Offers in accordance with procedures established
                by the Board or Committee to assure that such deferrals comply with
                applicable requirements of the Code including, at the choice of
                Participants, the capability to make further deferrals for distribution
                after retirement. Any deferred distribution, whether elected by the
                Participant or specified by the Stock Award Agreement, Restricted
                Stock
                Purchase Offers or by the Board or Committee, may require the payment
                be
                forfeited in accordance with the provisions of Section 6(c). Dividends
                or
                dividend equivalent rights may be extended to and made part of any
                Stock
                Award or Restricted Stock Purchase Offers denominated in Stock or
                units of
                Stock, subject to such terms, conditions and restrictions as the
                Board or
                Committee may establish.

            

    

     

    
      
        
        

      

      
        -9-

        
          

        

      

      
        
        

      

    

     

    
      	(c)  	
              Cancellation
                and Rescission of Grants.
                Unless the Stock Award Agreement or Restricted Stock Purchase Offer
                specifies otherwise, the Board or Committee, as applicable, may cancel
                any
                unexpired, unpaid, or deferred Grants at any time if the Participant
                is
                not in compliance with all other applicable provisions of the Stock
                Award
                Agreement or Restricted Stock Purchase Offer, the Plan and with the
                following conditions:

            

    

    

    
      	(i)  	
              A
                Participant shall not render services for any organization or engage
                directly or indirectly in any business which, in the judgment of
                the chief
                executive officer of the Company or other senior officer designated
                by the
                Board or Committee, is or becomes competitive with the Company, or
                which
                organization or business, or the rendering of services to such
                organization or business, is or becomes otherwise prejudicial to
                or in
                conflict with the interests of the Company. For Participants whose
                employment has terminated, the judgment of the chief executive officer
                shall be based on the Participant's position and responsibilities
                while
                employed by the Company, the Participant's post-employment
                responsibilities and position with the other organization or business,
                the
                extent of past, current and potential competition or conflict between
                the
                Company and the other organization or business, the effect on the
                Company's customers, suppliers and competitors and such other
                considerations as are deemed relevant given the applicable facts
                and
                circumstances. A Participant who has retired shall be free, however,
                to
                purchase as an investment or otherwise, stock or other securities
                of such
                organization or business so long as they are listed upon a recognized
                securities exchange or traded over-the-counter, and such investment
                does
                not represent a substantial investment to the Participant or a greater
                than ten percent (10%) equity interest in the organization or
                business.

            

    

    

    
      	(ii)  	
              A
                Participant shall not, without prior written authorization from the
                Company, disclose to anyone outside the Company, or use in other
                than the
                Company's business, any confidential information or material, as
                defined
                in the Company's Proprietary Information and Invention Agreement
                or
                similar agreement regarding confidential information and intellectual
                property, relating to the business of the Company, acquired by the
                Participant either during or after employment with the Company.
                

            

    

    

    
      	(iii)  	
              A
                Participant, pursuant to the Company's Proprietary Information and
                Invention Agreement, shall disclose promptly and assign to the Company
                all
                right, title and interest in any invention or idea, patentable or
                not,
                made or conceived by the Participant during employment by the Company,
                relating in any manner to the actual or anticipated business, research
                or
                development work of the Company and shall do anything reasonably
                necessary
                to enable the Company to secure a patent where appropriate in the
                United
                States and in foreign countries.

            

    

     

    
      
        
        

      

      
        -10-

        
          

        

      

      
        
        

      

    

     

    
      	(iv)  	
              Upon
                exercise, payment or delivery pursuant to a Grant, the Participant
                shall
                certify on a form acceptable to the Committee that he or she is in
                compliance with the terms and conditions of the Plan. Failure to
                comply
                with all of the provisions of this Section 6(c) prior to, or during
                the
                six (6) months after, any exercise, payment or delivery pursuant
                to a
                Grant shall cause such exercise, payment or delivery to be rescinded.
                The
                Company shall notify the Participant in writing of any such rescission
                within two (2) years after such exercise, payment or delivery. Within
                ten
                (10) days after receiving such a notice from the Company, the Participant
                shall pay to the Company the amount of any gain realized or payment
                received as a result of the rescinded exercise, payment or delivery
                pursuant to a Grant. Such payment shall be made either in cash or
                by
                returning to the Company the number of shares of Stock that the
                Participant received in connection with the rescinded exercise, payment
                or
                delivery.

            

    

    

    
      	(d)  	
              Nonassignability.

            

    

    

    
      	(i)  	
              Except
                pursuant to Section 6(e)(iii) and except as set forth in Section
                6(d)(ii),
                no Grant or any other benefit under the Plan shall be assignable
                or
                transferable, or payable to or exercisable by, anyone other than
                the
                Participant to whom it was granted.

            

    

    

    
      	(ii)  	
              Where
                a Participant terminates employment and retains a Grant pursuant
                to
                Section 6(e)(ii) in order to assume a position with a governmental,
                charitable or educational institution, the Board or Committee, in
                its
                discretion and to the extent permitted by law, may authorize a third
                party
                (including but not limited to the trustee of a "blind" trust), acceptable
                to the applicable governmental or institutional authorities, the
                Participant and the Board or Committee, to act on behalf of the
                Participant with regard to such
                Awards.

            

    

    

    
      	(e)  	
              Termination
                of Employment.
                If
                the employment or service to the Company of a Participant terminates,
                other than pursuant to any of the following provisions under this
                Section
                6(e), all unexercised, deferred and unpaid Stock Awards or Restricted
                Stock Purchase Offers shall be cancelled immediately, unless the
                Stock
                Award Agreement or Restricted Stock Purchase Offer provides otherwise:
                

            

    

    

    
      	(i)  	
              Retirement
                Under a Company Retirement Plan.
                When a Participant's employment terminates as a result of retirement
                in
                accordance with the terms of a Company retirement plan, the Board
                or
                Committee may permit Stock Awards or Restricted Stock Purchase Offers
                to
                continue in effect beyond the date of retirement in accordance with
                the
                applicable Grant Agreement and the exercisability and vesting of
                any such
                Grants may be accelerated.

            

    

    

    
      	(ii)  	
              Rights
                in the Best Interests of the Company.
                When a Participant resigns from the Company and, in the judgment
                of the
                Board or Committee, the acceleration and/or continuation of outstanding
                Stock Awards or Restricted Stock Purchase Offers would be in the
                best
                interests of the Company, the Board or Committee may (i) authorize,
                where
                appropriate, the acceleration and/or continuation of all or any part
                of
                Grants issued prior to such termination and (ii) permit the exercise,
                vesting and payment of such Grants for such period as may be set
                forth in
                the applicable Grant Agreement, subject to earlier cancellation pursuant
                to Section 9 or at such time as the Board or Committee shall deem
                the
                continuation of all or any part of the Participant's Grants are not
                in the
                Company's best interest.

            

    

     

    
      
        
        

      

      
        -11-

        
          

        

      

      
        
        

      

       

    

    
      	(iii)  	
              Death
                or Disability of a Participant. 

            

    

    

    
      	(1)  	
              In
                the event of a Participant's death, the Participant's estate or
                beneficiaries shall have a period up to the expiration date specified
                in
                the Grant Agreement within which to receive or exercise any outstanding
                Grant held by the Participant under such terms as may be specified
                in the
                applicable Grant Agreement. Rights to any such outstanding Grants
                shall
                pass by will or the laws of descent and distribution in the following
                order: (a) to beneficiaries so designated by the Participant; if
                none,
                then (b) to a legal representative of the Participant; if none, then
                (c)
                to the persons entitled thereto as determined by a court of competent
                jurisdiction. Grants so passing shall be made at such times and in
                such
                manner as if the Participant were
                living.

            

    

    

    
      	(2)  	
              In
                the event a Participant is deemed by the Board or Committee to be
                unable
                to perform his or her usual duties by reason of mental disorder or
                medical
                condition which does not result from facts which would be grounds
                for
                termination for cause, Grants and rights to any such Grants may be
                paid to
                or exercised by the Participant, if legally competent, or a committee
                or
                other legally designated guardian or representative if the Participant
                is
                legally incompetent by virtue of such
                disability.

            

    

    

    
      	(3)  	
              After
                the death or disability of a Participant, the Board or Committee
                may in
                its sole discretion at any time (1) terminate restrictions in Grant
                Agreements; (2) accelerate any or all installments and rights; and
                (3)
                instruct the Company to pay the total of any accelerated payments
                in a
                lump sum to the Participant, the Participant's estate, beneficiaries
                or
                representative; notwithstanding that, in the absence of such termination
                of restrictions or acceleration of payments, any or all of the payments
                due under the Grant might ultimately have become payable to other
                beneficiaries.

            

    

    

    
      	(4)  	
              In
                the event of uncertainty as to interpretation of or controversies
                concerning this Section 6, the determinations of the Board or Committee,
                as applicable, shall be binding and
                conclusive.

            

    

    

    
      	7.  	
              Investment
                Intent. All Grants under the Plan are intended to be exempt from
                registration under the Securities Act provided by Rule 701 thereunder.
                Unless and until the granting of Options or sale and issuance of
                Stock
                subject to the Plan are registered under the Securities Act or shall
                be
                exempt pursuant to the rules promulgated thereunder, each Grant under
                the
                Plan shall provide that the purchases or other acquisitions of Stock
                thereunder shall be for investment purposes and not with a view to,
                or for
                resale in connection with, any distribution thereof. Further, unless
                the
                issuance and sale of the Stock have been registered under the Securities
                Act, each Grant shall provide that no shares shall be purchased upon
                the
                exercise of the rights under such Grant unless and until (i) all
                then
                applicable requirements of state and federal laws and regulatory
                agencies
                shall have been fully complied with to the satisfaction of the Company
                and
                its counsel, and (ii) if requested to do so by the Company, the person
                exercising the rights under the Grant shall (i) give written assurances
                as
                to knowledge and experience of such person (or a representative employed
                by such person) in financial and business matters and the ability
                of such
                person (or representative) to evaluate the merits and risks of exercising
                the Option, and (ii) execute and deliver to the Company a letter
                of
                investment intent and/or such other form related to applicable exemptions
                from registration, all in such form and substance as the Company
                may
                require. If shares are issued upon exercise of any rights under a
                Grant
                without registration under the Securities Act, subsequent registration
                of
                such shares shall relieve the purchaser thereof of any investment
                restrictions or representations made upon the exercise of such
                rights.

            

    

     

    
      
        
        

      

      
        -12-

        
          

        

      

      
        
        

      

    

     

    
      	8.  	
              Amendment,
                Modification, Suspension or Discontinuance of the Plan. The Board
                may,
                insofar as permitted by law, from time to time, with respect to any
                shares
                at the time not subject to outstanding Grants, suspend or terminate
                the
                Plan or revise or amend it in any respect whatsoever, except that
                without
                the approval of the shareholders of the Company, no such revision
                or
                amendment shall (i) increase the number of shares subject to the
                Plan,
                (ii) decrease the price at which Grants may be granted, (iii) materially
                increase the benefits to Participants, or (iv) change the class of
                persons
                eligible to receive Grants under the Plan; provided, however, no
                such
                action shall alter or impair the rights and obligations under any
                Option,
                or Stock Award, or Restricted Stock Purchase Offer outstanding as
                of the
                date thereof without the written consent of the Participant thereunder.
                No
                Grant may be issued while the Plan is suspended or after it is terminated,
                but the rights and obligations under any Grant issued while the Plan
                is in
                effect shall not be impaired by suspension or termination of the
                Plan.

            

    

    

    In
      the
      event of any change in the outstanding Stock by reason of a stock split, stock
      dividend, combination or reclassification of shares, recapitalization, merger,
      or similar event, the Board or the Committee may adjust proportionally (a)
      the
      number of shares of Stock (i) reserved under the Plan, (ii) available for
      Incentive Stock Options and Nonstatutory Options and (iii) covered by
      outstanding Stock Awards or Restricted Stock Purchase Offers; (b) the Stock
      prices related to outstanding Grants; and (c) the appropriate Fair Market Value
      and other price determinations for such Grants. In the event of any other change
      affecting the Stock or any distribution (other than normal cash dividends)
      to
      holders of Stock, such adjustments as may be deemed equitable by the Board
      or
      the Committee, including adjustments to avoid fractional shares, shall be made
      to give proper effect to such event. In the event of a corporate merger,
      consolidation, acquisition of property or stock, separation, reorganization
      or
      liquidation, the Board or the Committee shall be authorized to issue or assume
      stock options, whether or not in a transaction to which Section 424(a) of the
      Code applies, and other Grants by means of substitution of new Grant Agreements
      for previously issued Grants or an assumption of previously issued
      Grants.

    

    
      	9.  	
              Tax
                Withholding. The Company shall have the right to deduct applicable
                taxes
                from any Grant payment and withhold, at the time of delivery or exercise
                of Options, Stock Awards or Restricted Stock Purchase Offers or vesting
                of
                shares under such Grants, an appropriate number of shares for payment
                of
                taxes required by law or to take such other action as may be necessary
                in
                the opinion of the Company to satisfy all obligations for withholding
                of
                such taxes. If Stock is used to satisfy tax withholding, such stock
                shall
                be valued based on the Fair Market Value when the tax withholding
                is
                required to be made. 

            

    

     

    
      
        
        

      

      
        -13-

        
          

        

      

      
        
        

      

    

     

    
      	10.  	
              Availability
                of Information. During the term of the Plan and any additional period
                during which a Grant granted pursuant to the Plan shall be exercisable,
                the Company shall make available, not later than one hundred and
                twenty
                (120) days following the close of each of its fiscal years, such
                financial
                and other information regarding the Company as is required by the
                bylaws
                of the Company and applicable law to be furnished in an annual report
                to
                the shareholders of the Company. 

            

    

     

    
      	11.  	
              Notice.
                Any written notice to the Company required by any of the provisions
                of the
                Plan shall be addressed to the chief personnel officer or to the
                chief
                executive officer of the Company, and shall become effective when
                it is
                received by the office of the chief personnel officer or the chief
                executive officer. 

            

    

    

    
      	12.  	
              Indemnification
                of Board. In addition to such other rights or indemnifications as
                they may
                have as directors or otherwise, and to the extent allowed by applicable
                law, the members of the Board and the Committee shall be indemnified
                by
                the Company against the reasonable expenses, including attorneys'
                fees,
                actually and necessarily incurred in connection with the defense
                of any
                claim, action, suit or proceeding, or in connection with any appeal
                thereof, to which they or any of them may be a party by reason of
                any
                action taken, or failure to act, under or in connection with the
                Plan or
                any Grant granted thereunder, and against all amounts paid by them
                in
                settlement thereof (provided such settlement is approved by independent
                legal counsel selected by the Company) or paid by them in satisfaction
                of
                a judgment in any such claim, action, suit or proceeding, except
                in any
                case in relation to matters as to which it shall be adjudged in such
                claim, action, suit or proceeding that such Board or Committee member
                is
                liable for negligence or misconduct in the performance of his or
                her
                duties; provided that within sixty (60) days after institution of
                any such
                action, suit or Board proceeding the member involved shall offer
                the
                Company, in writing, the opportunity, at its own expense, to handle
                and
                defend the same. 

            

    

     

    
      	13.  	
              Governing
                Law. The Plan and all determinations made and actions taken pursuant
                hereto, to the extent not otherwise governed by the Code or the securities
                laws of the United States, shall be governed by the law of the State
                of
                Indiana and construed accordingly. 

            

    

    

    
      	14.  	
              Effective
                and Termination Dates. The Plan shall become effective on the date
                it is
                approved by the holders of a majority of the shares of Stock then
                outstanding. The Plan shall terminate ten years later, subject to
                earlier
                termination by the Board pursuant to Section 8.

            

    

    

    The
      foregoing 2006 Incentive Stock Plan (consisting of 14 pages, including this
      page) was duly adopted and approved by the Board of Directors on March 1, 2006
      and subject to the approval of the shareholders of the Corporation on or before
      March 1, 2006.

     

    
      	 	 	 
	 	
              FREEDOM
                FINANCIAL HOLDINGS, INC.,

              a
                Maryland corporation

            
	 
 	 
 	 
 
	 	By:  	//
              ss
              //
	 	 	
              
                

              

              Brian Kistler

            
	 	Its:	Chief Executive Officer

    

     

    
      
        
        

      

      
        -14-

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00116-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00116-of-00352.parquet"}]]