United Ventures Group Inc Sample Contracts

United Ventures Group Inc – 1998 STOCK OPTION PLAN (December 3rd, 1999)

EXHIBIT 10.1 UNITED VENTURES GROUP, INC. 1998 STOCK OPTION PLAN I. INTRODUCTION 1.1 PURPOSES. The purposes of the 1998 Stock Option Plan (the "Plan") of UNITED VENTURES GROUP, INC. (the "Company") are (i) to align the interests of the Company's stockholders and the recipients of options under this Plan by increasing the proprietary interest of such recipients in the Company's growth and success, (ii) to advance the interests of the Company by attracting and retaining officers, other key employees and consultants, and well-qualified persons who are not officers or employees of the Company ("Non-Employee Directors") for service as directors of the Company and (iii) to motivate such persons to act in the long-term best interests of the Company's stockholders. 1.2 ADMINISTRATION. This Plan shall be administered by the Board of Directors (the "Board") or a committee (the "Committee")