Common use of Option Plan Restrictions Clause in Contracts

Option Plan Restrictions. The only officer, director, employee and consultant stock option or stock incentive plan currently in effect or contemplated by the Company has been submitted to the Subscribers. No other plan will be adopted nor may any options or equity not included in such plan be issued for so long as any sum is outstanding under the Note.

Option Plan Restrictions. The only officer, director, employee and consultant stock option or stock incentive plan currently in effect or contemplated by the Company has been submitted to the SubscribersSubscribers or is described with Reports. No other plan will be adopted nor may any options or equity not included in such plan be issued for so long as any sum is outstanding under until after the NoteExclusion Period.

Option Plan Restrictions. The only officer, director, employee and consultant stock option or stock incentive plan currently in effect or contemplated by the Company has been submitted to the SubscribersHolder or is described in past filings with the SEC. No other plan will be adopted nor may any options or equity not included in such plan be issued for so long as any sum until after the Debenture is outstanding under the Notepaid in full.

Option Plan Restrictions. The only officer, director, employee and consultant stock option or stock incentive plan currently in effect or contemplated by the Company has been submitted to the SubscribersSubscribers or filed with the Reports. No other plan will be adopted nor may any options or equity not included in such plan be issued for so long as any sum is outstanding under until the Noteend of the Exclusion Period.

Option Plan Restrictions. The only officer, director, employee and and/or consultant stock option or stock incentive plan currently in effect or contemplated by the Company has been submitted to shall provide for no more than 40 million shares of the SubscribersCompany’s common stock. No other plan will be adopted nor may any options or equity not included in such plan be issued for so long as any sum is outstanding under until expiration of the NoteExclusion Period.

Option Plan Restrictions. The only officer, director, employee and consultant stock option or stock incentive plan currently in effect or contemplated by the Company has been submitted to the SubscribersHolder. No other plan will be adopted nor may any options or equity not included in such plan be issued for so long as any sum until after the Debenture is outstanding under the Notepaid in full.

Option Plan Restrictions. The only officer, director, employee and consultant stock option or stock incentive plan currently in effect or contemplated by the Company has been submitted to the SubscribersSubscriber or filed with the Reports. No other plan will be adopted nor may any options or equity not included in such plan be issued for so long as any sum is outstanding under until the Noteend of the Exclusion Period.

Option Plan Restrictions. The only officer, director, director and employee and consultant stock option or stock incentive plan currently in effect or contemplated by the Company has been submitted to the SubscribersSubscribers or is described with Reports. No other plan except substantially similar plans for the benefit of only directors or full time employees will be adopted nor may any options or equity not included in such plan plans be issued for so long as any sum is outstanding under until after the NoteExclusion Period.

Option Plan Restrictions. The only officer, director, employee and consultant stock option or stock incentive plan currently in effect or contemplated by the Company has been submitted to the SubscribersSubscribers including the 2007 Plan or filed with the Reports. No other plan will be adopted nor may any options or equity not included in such plan be issued for so long as any sum is outstanding under until the Noteend of the Exclusion Period.

Option Plan Restrictions. The only officer, director, employee and consultant stock option or stock incentive plan currently in effect or contemplated by the Company has been submitted to the SubscribersSubscriber. No other plan will be adopted nor may any options or equity not included in such plan be issued for so long as any sum is outstanding under the Note.

Option Plan Restrictions. The only officer, director, employee and consultant stock option or stock incentive plan currently in effect or contemplated by the Company has been submitted to the SubscribersSubscribers or filed with the Reports. No other plan will be adopted nor may any options or equity not included in such plan be issued for so long as any sum is outstanding under the Note.

Option Plan Restrictions. The only officer, director, employee and and/or consultant stock option or stock incentive plan plans currently in effect or contemplated by the Company has been submitted to shall provide for no more than 7 million shares of the SubscribersCompany’s common stock. No other plan will be adopted nor may any options or equity not included in such plan be issued for so long as any sum is outstanding under until expiration of the NoteExclusion Period.

Option Plan Restrictions. The only officer, director, employee and consultant stock option or stock incentive plan currently in effect or contemplated by the Company has been submitted to the SubscribersSubscribers or is described on Schedule 12(d). No other plan will be adopted nor may any options or equity not included in such plan be issued for so long as any sum is outstanding under the Note.

Option Plan Restrictions. The only officer, director, employee and -------------------------- consultant stock option or stock incentive plan currently in effect or -- contemplated by the Company has been submitted to the SubscribersHolder or is described in -- past filings with the SEC. No other plan will be adopted nor may any options or equity not included in such plan be issued for so long as any sum until after the Debenture is outstanding under the Notepaid in full.

Option Plan Restrictions. The With the exception of the Company's contemplated 2006 Stock Option Plan, the only officer, director, employee and consultant stock option or stock incentive plan currently in effect or contemplated by the Company has been submitted to the Subscribers or has been made available for the Subscribers' review on the Securities and Exchange Commission's web site. No other plan will be adopted nor may any options or equity not included in such plan be issued for so long as any sum is outstanding under the NoteNote or is available for review at xxx.xxx.xxx.

Option Plan Restrictions. The only officer, director, employee and consultant stock option or stock incentive plan currently in effect or contemplated by the Company has been submitted to Holder or is described in past filings with the SubscribersSEC. No other plan will be adopted nor may any options or equity not included in such plan be issued for so long as any sum until after the Debenture is outstanding under the Notepaid in full.