Common use of Option Award Clause in Contracts

Option Award. As determined by the Board of Directors and the President & CEO, Executive is eligible to receive grants of options to purchase common stock of the Company under the Company's 1999 Stock Option Plan. In 2002, Executive will receive a grant of options to purchase up to 125,000 shares of the common stock of the Company under the Company's 1999 Stock Option Plan, at an exercise price of $.70 subject to the terms and conditions of the Stock Option Plan. Such options are intended to be classified as incentive stock options for tax purposes, and shall vest and expire and be subject to such other terms as provided on Exhibit C attached hereto. The terms of the stock option grant are set forth in a Stock Option Agreement in the form used pursuant to such Plan and attached to this Agreement.

Option Award. As determined Upon the execution of this Agreement by the Board of Directors Company and the President & CEO, Executive is eligible to receive grants of options to purchase common stock of the Company under the Company's 1999 Stock Option Plan. In 2002Executive, Executive will receive a grant of options to purchase up to 125,000 275,000 shares of the common stock of the Company under the Company's 1999 Stock Option Plan, at an exercise price that is the closing price of $.70 the Company's stock on the date of July 1, 2002 subject to the terms and conditions of the Stock Option Plan. Such options are intended to be classified as incentive stock options for tax purposes, and shall vest and expire and be subject to such other terms as provided on Exhibit C attached hereto. The terms of the stock option grant are set forth in a Stock Option Agreement in the form used pursuant to such Plan and attached to this Agreement.

Option Award. As determined Upon the execution of this Agreement by the Board of Directors Company and the President & CEO, Executive is eligible to receive grants of options to purchase common stock of the Company under the Company's 1999 Stock Option Plan. In 2002Executive, Executive will receive a grant of options to purchase up to 125,000 200,000 shares of the common stock of the Company under the Company's 1999 Stock Option Plan, at an exercise price that is the closing price of $.70 the Company's stock on the date of December 18, 2001, subject to the terms and conditions of the Stock Option Plan. Such options are intended to be classified as incentive stock options for tax purposes, and shall vest and expire and be subject to such other terms as provided on Exhibit C attached hereto. The terms of the stock option grant are set forth in a Stock Option Agreement in the form used pursuant to such Plan and attached to this Agreement.

Option Award. As determined Upon the execution of this Agreement by the Board of Directors Company and the President & CEO, Executive is eligible to receive grants of options to purchase common stock of the Company under the Company's 1999 Stock Option Plan. In 2002Executive, Executive will receive a grant of options to purchase up to 125,000 50,000 shares of the common stock of the Company under the Company's 1999 Stock Option Plan, at an exercise price that is the closing price of $.70 the Company's stock on the date of March 8, 2002, subject to the terms and conditions of the Stock Option Plan. Such options are intended to be classified as incentive stock options for tax purposes, and shall vest and expire and be subject to such other terms as provided on Exhibit C attached hereto. The terms of the stock option grant are set forth in a Stock Option Agreement in the form used pursuant to such Plan and attached to this Agreement.