COMMON STOCK PURCHASE OPTION 0001
and amendment to Employment Agreement
June 20, 2000
THIS AGREEMENT ENTERED INTO this 20th day of June, 2000, by and between North American
DataCom, Inc. ("NADA"), a Delaware corporation, and David A. Cray, ("Employee") an adult, resident citizen
of Lauderdale County, Alabama, and employee of NADA. For good and valuable consideration, the receipt and
sufficiency of which is hereby acknowledged, the parties agree as follows:
Grant of Option. NADA hereby grants to Employee an option to purchase, upon the terms and conditions set
forth herein, Two Hundred and Fifty Thousand (250,000) shares of the common stock of NADA for the sum of
$3.00 per share, as said shares are available under the provisions of the non-public offering exemption as
provided in the U.S. Securities Act of 1933 (and Regulation D or applicable Regulation as mutually agreed).
Adjustment of Option Shares. If the outstanding common shares of NADA are changed into or exchanged for a
different number or kind of shares or other securities of another corporation, whether through reorganization,
recapitalization, shares split up, combination of sales, merger or consolidation, there shall be substituted for each
common share of NADA then subject to this option the number and kinds of shares of other securities which
each such outstanding common share is so changed or for each such share as exchanged. Thereafter, the words
"common shares of NADA" shall mean such substituted shares or other securities and the option price of $.087
for each common share of NADA as specified in paragraph 1 shall apply to and be the option price for all the
shares or other securities substituted for each such common share of NADA.
Time of Payment for Shares. The option price of the shares to be purchased pursuant to each exercise of the
option shall be paid in full in cash or certified funds at the time of such exercise of the option.
Time for Exercise of Option. The rights represented by this Option ar