PLC SYSTEMS INC.
2000 NON-STATUTORY STOCK OPTION PLAN
The purpose of this 2000 Non-statutory Stock Option Plan (the "Plan") of PLC Systems Inc., a Yukon Territory
corporation (the "Company"), is to advance the interests of the Company's stockholders by enhancing the
Company's ability to retain and motivate persons who make (or are expected to make) important contributions to
the Company by providing such persons with equity ownership opportunities and thereby better aligning the
interests of such persons with those of the Company's stockholders. Except where the context otherwise
requires, the term "Company" shall include any of the Company's present or future parent or subsidiary
corporations as defined in Sections 424(e) and 424(f) of the Internal Revenue Code of 1986, as amended, and
any regulations promulgated thereunder (the "Code"), and any other business venture (including, without
limitation, joint venture or limited liability company) in which the Company has a significant interest, as determined
by the Board of Directors of the Company (the "Board").
All of the Company's employees are eligible to be granted options (each, an "Option") under the Plan to purchase
shares of common stock, no par value per share, of the Company ("Common Stock"). Each person who has
been granted an Option under the Plan shall be deemed a "Participant".
3. ADMINISTRATION, DELEGATION
(a) ADMINISTRATION BY BOARD OF DIRECTORS. The Plan will be administered by the Board. The
Board shall have authority to grant Options and to adopt, amend and repeal such administrative rules, guidelines
and practices relating to the Plan as it shall deem advisable. The Board may correct any defect, supply any
omission or reconcile any inconsistency in the Plan or any Option in the manner and to the extent it shall deem
expedient to carry the Plan into effect and it shall be the sole and final judge of such expediency. All decisions by
the Board shall be made in the Board's sole