WHITE ROCK ENTERPRISES, LTD.
STOCK OPTION PLAN
1. Purpose of the Plan.
This Plan shall be known as the "White Rock Enterprises, Ltd. Stock Option Plan" and is hereinafter referred to
as the "Plan." The purpose of the Plan is to aid in maintaining and developing individuals capable of assuring the
future success of White Rock Enterprises, Ltd. (a Nevada corporation), d/b/a ISES Corporation (the
"Company"), to offer such individuals additional incentives to put forth maximum efforts for the success of the
Company, and to afford them an opportunity to acquire a proprietary interest in the Company through stock
options as provided herein. Options granted under this Plan may be either incentive stock options ("Incentive
Stock Options") within the meaning of section 422 of the Internal Revenue Code of 1986, as amended (the
"Code"), or options which do not qualify as Incentive Stock Options ("Non-Statutory Stock Options").
2. Stock Subject to the Plan.
Except as may be provided by section 12, the Shares of stock to be subject to options under the Plan shall be
Shares of the Company's authorized common stock ("Shares"). Such Shares may be either authorized but
unissued Shares, or issued Shares which have been reacquired by the Company. Subject to any adjustment as
provided in section 12, the maximum number of Shares on which options may be exercised under this Plan shall
be Five Million (5,000,000) Shares. If an option under the Plan expires, or for any reason is terminated or
unexercised with respect to any Shares, such Shares shall again be available for options thereafter granted during
the term of the Plan.
3. Administration of the Plan.
(a) The Plan shall be administered by the Board of Directors of the Company or a special committee of three or
more directors of the Company. If a special committee is to be used, the members of such special committee
shall be appointed by and serve at the pleasure of the Board of Directors. The group administering the Plan shall