EXHIBIT 4.2

FUTURELINK CORP.
SECOND AMENDED
AND RESTATED

STOCK OPTION PLAN

TABLE OF CONTENTS

PAGE

1. Purpose..........................................................................
2. Incentive and Non-Qualified Stock Options........................................ 1

3. Definitions...................................................................... 1
3.1 Board..................................................................... 1
3.2 Code...................................................................... 1
3.3 Common Stock.............................................................. 1
3.4 Company................................................................... 1
3.5 Disabled or Disability.................................................... 1
3.6 Fair Market Value......................................................... 1
3.7 Incentive Stock Option.................................................... 2
3.8 Non-Qualified Stock Option................................................ 2
3.9 Optionee.................................................................. 2
3.10 Plan...................................................................... 2
3.11 Plan Administrator........................................................ 2
3.12 Stock Option or Option.................................................... 2

4. Administration................................................................... 2
4.1 Administration by Board................................................... 2
4.2 Administration by Committee............................................... 3

5. Eligibility...................................................................... 3

6. Shares Subject to Options........................................................ 4

7. Terms and Conditions of Options.................................................. 4
7.1 Number of Shares Subject to Option........................................ 4
7.2 Option Price.............................................................. 4
7.3 Notice and Payment........................................................ 5
7.4 Term of Option............................................................ 6
7.5 Exercise of Option........................................................ 6
7.6 No Transfer of Option..................................................... 7
7.7 Limit on Incentive Stock Options.......................................... 7
7.8 Restriction on Issuance of Shares......................................... 7
7.9 Investment Representation................................................. 7
7.10 Rights as a Shareholder or Employee....................................... 7
7.11 No Fractional Shares...................................................... 8
7.12 Exercisability in the Event of Death...................................... 8
7.13 Recapitalization or Reorganization of Company............................. 8

7.14 Modification, Extension, and Renewal of Options........................... 9
7.15 Other Provisions.......................................................... 9

8. Termination or Amendment of the Plan............................................. 9

9. Indemnification.................................................................. 10

10. Effective Date and Term of Plan.................................................. 10

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FUTURELINK CORP.
SECOND AMENDED AND RESTATED STOCK OPTION PLAN

1. PURPOSE. The purpose of this FutureLink Corp. Stock Option Plan ("Plan")
is to further the growth and development of FutureLink Corp. (the
"Company") by providing, through ownership of stock of the Company, an
incentive to officers, other key employees and directors who are in a
position to contribute materially to the prosperity of the Company, to
increase such persons' interests in the Company's welfare, to encourage
them to continue their services to the Company or its subsidiaries, and to
attract individuals of outstanding ability to enter the employment or
service of the Company or its subsidiaries, to remain or become directors
of the Company and to provide valuable services to the Company or its
subsidiaries.

2. INCENTIVE AND NON-QUALIFIED STOCK OPTIONS. Two types of Stock Options
(referred to herein as "Options" without distinction between such two
types, except as provided herein) may be granted under the Plan: Options
intended to qualify as Incentive Stock Options under Section 422 of the
Code and Non-Qualified Stock Options not specifically authorized or
qualified for favorable income tax treatment by the Code.

3. DEFINITIONS. The following definitions are applicable to the Plan:

3.1 BOARD. The Board of Directors of the Company.

3.2 CODE. The Internal Revenue Code of 1986, as amended from time to
time.

3.3 COMMON STOCK. The shares of the $.0001 par value per share common
stock of the Company.

3.4 COMPANY. FutureLink Corp., a Delaware corporation.

3.5 DISABLED OR DISABILITY. For the purposes of Section 7.4, a
disability of the type defined in Section 22(e)(3) of the Code. The
determination of whether an individual is disabled or has a
Disability is determined under procedures established by the Plan
Administrator for purposes of the Plan.

3.6 FAIR MARKET VALUE. For purposes of the Plan, the "fair market value"
per share of the Common Stock of the Company at any date shall be (a)
if the Common Stock is listed on an established stock exchange or
exchanges or The Nasdaq Stock Market's National Market System, the
closing price per share on the last trading day immediately preceding
such date on the principal exchange on which it is traded or as
reported by The Nasdaq Stock Market, or (b) if the Common Stock is not
then listed on an

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exchange or The Nasdaq Stock Market's National Market System, the
closing price per share on the last trading day immediately
preceding such date reported by The Nasdaq Stock Market, or if sales
are not reported by The Nasdaq Stock Market, the average of the
closing bid and asked prices per share for the Common Stock in the
over-the-counter market as quoted on the last trading day
immediately preceding such date, or (c) if the Common Stock is not
then listed on an exchange, The Nasdaq Stock Market's National
Market System or reported by The Nasdaq Stock Market or quoted in
the over-the-counter market, a value determined in good faith by the
Plan Administrator.

3.7 INCENTIVE STOCK OPTION. Any Stock Option which qualifies as an
"incentive stock option" within the

3.8 NON-QUALIFIED STOCK OPTION. Any Stock Option that is not an
Incentive Stock Option.

3.9 OPTIONEE. The recipient of a Stock Option.

3.10 PLAN. The FutureLink Corp. Second Amended and Restated Stock Option
Plan, as amended from time to time.

3.11 PLAN ADMINISTRATOR. The Board or the Compensation Committee
designated pursuant to Section 4.2 hereof to administer, construe
and interpret the terms of the Plan.

3.12 STOCK OPTION OR OPTION. Any option to purchase shares of Common
Stock granted pursuant to Section 7 hereof.

4. ADMINISTRATION.

4.1 ADMINISTRATION BY BOARD. Subject to Section 4.2 hereof, the Plan
Administrator shall be the Board of Directors of the Company (the
"Board") during such periods of time as all members of the Board are
"outside directors" as defined in Treas. Regs. ss.1.162-27(e)(3)
("outside directors"). Anything to the contrary notwithstanding, the
requirement that all members of the Board be outside directors shall
not apply for any period of time during which the Company's Common
Stock is not registered pursuant to Section 12 of the Securities
Exchange Act of 1934, as amended. Subject to the provisions of the
Plan, the Plan Administrator shall have authority to construe and
interpret the Plan, to promulgate, amend, and rescind rules and
regulations relating to its administration, from time to time to
select from among the eligible employees and directors (as
determined pursuant to Section 5) of the Company and its
subsidiaries those employees and directors to whom Stock Options
will be granted, to determine the timing and manner of the grant of
the Options, to

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determine the exercise price, the number of shares covered by and
all of the terms of the Stock Options, to determine the duration and
purpose of leaves of absence which may be granted to Stock Option
holders without constituting termination of their employment for
purposes of the Plan, and to make all of the determinations
necessary or advisable for administration of the Plan. The
interpretation and construction by the Plan Administrator of any
provision of the Plan, or of any agreement issued and executed under
the Plan, shall be final and binding upon all parties. No member of
the Board shall be liable for any action or determination undertaken
or made in good faith with respect to the Plan or any agreement
executed pursuant to the Plan.

4.2 ADMINISTRATION BY COMMITTEE. The Board may, in its sole discretion,
delegate any or all of its duties as Plan Administrator and, subject
to the provisions of Section 4.1 of the Plan, if at any time the
Board includes any person who is not an outside director, the Board
shall delegate all of its duties as Plan Administrator during such
period of time to a compensation committee (the "Committee") of not
fewer than two (2) members of the Board, all of the members of which
Committee shall be persons who, in the opinion of the counsel to the
Company are outside directors and "non-employee directors" within
the meaning of Rule 16b-3(b)(3)(i) promulgated by the Securities and
Exchange Commission, to be appointed by and serve at the pleasure of
the Board. Anything to the contrary notwithstanding, the requirement
that all members of the Committee be non-employee directors and
outside directors shall not apply for any period of time during
which the Company's Common Stock is not registered pursuant to
Section 12 of the Securities Exchange Act of 1934, as amended. Those
provisions of the Plan that make express reference to Rule 16b-3
under the Securities Exchange Act of 1934, as amended, shall apply
only to reporting persons under such act. From time to time, the
Board may increase or decrease (to not less than two members) the
size of the Committee, and add additional members to, or remove
members from, the Committee. The Committee shall act pursuant to a
majority vote, or the written consent of a majority of its members,
and the minutes shall be kept of all of its meetings and copies
thereof shall be provided to the Board. Subject to the provisions of
the Plan and the directions of the Board, the Committee may
establish and follow such rules and regulations for the conduct of
its business as it may deem advisable. No member of the Committee
shall be liable for any action or determination undertaken or made
in good faith with respect to the Plan or any agreement executed
pursuant to the Plan.

5. ELIGIBILITY. Subject to the determination of the Plan Administrator, any
employee, director or consultant (including any officer or director who is
an employee) of the Company or any of its subsidiaries shall be eligible
to receive Options under the Plan; provided, however any person who owns
more than ten

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percent (10%) of the total combined voting power of all classes of
outstanding stock of the Company, its parent or any of its subsidiaries
shall not receive an Option unless (i) the purchase price of the shares
subject to the Option is at least one hundred ten percent (110%) of the
Fair Market Value of such shares on the date of grant, and (ii) if such
Option is intended to be an Incentive Stock Option, such Option by its
terms is not exercisable after the expiration of five (5) years from the
date of grant. An Optionee may receive more than one Option under the
Plan. Non-employee directors and non-employee consultants shall not be
eligible to receive any Incentive Stock Option under the Plan.

6. SHARES SUBJECT TO OPTIONS. The stock available for grant of Options under
the Plan shall be shares in the Company's authorized but unissued or
reacquired, Common Stock. The aggregate number of shares which may be
issued pursuant to exercise of Options granted under the Plan, as amended,
shall not exceed twenty percent of the shares of Common Stock, calculated
on a fully diluted basis not including Common Stock underlying outstanding
stock options, at the time of each grant (subject to adjustment as
provided in Section 7.13 hereof) including shares previously issued under
the Plan. The maximum number of shares with respect to which options may
be granted to any employee in any one calendar year shall be 500,000
shares (subject to adjustment as provided in Section 7.13 hereof). The
maximum number of shares with respect to which Incentive Stock Options may
be granted under this Plan shall not exceed 2,000,000 in the aggregate
(subject to adjustment as provided in Section 7.13 hereof). In the event
that any outstanding Option under the Plan for any reason expires, or is
terminated, the shares of Common Stock allocable to the unexercised
portion of the Option shall again be available for Options under the Plan
as if no Option had been granted with respect to such shares.

7. TERMS AND CONDITIONS OF OPTIONS. Options granted under the Plan shall be
evidenced by agreements (which need not be identical) in such form and
containing such provisions which are consistent with the Plan as the Plan
Administrator shall from time to time approve. Such agreements may
incorporate all or any of the terms hereof by reference and shall comply
with and be subject to the following terms and conditions.

7.1 NUMBER OF SHARES SUBJECT TO OPTION. Each Option agreement shall
specify the number of shares subject to the Option.

7.2 OPTION PRICE. The purchase price for any shares subject to an Option
granted under the Plan shall be determined by the Plan Administrator
at the time of grant in accordance with the requirements of this
Section 7.2. In all instances, the purchase price for any shares
subject to an Option under the Plan shall be at least eighty-five
percent (85%) of the Fair Market Value of such shares on the date of
grant; provided, however, if such Option is an Incentive Stock
Option, the purchase price for the shares subject to such Option
shall not be less than one hundred percent (100%)

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of the Fair Market Value of such shares on the date of grant.
Notwithstanding the foregoing, with respect to any Option granted to
any person who owns more than ten percent (10%) of the total
combined voting power of all classes of outstanding stock of the
Company, its parent or any of it's subsidiaries, the purchase price
of the shares subject to such Option shall be at least one hundred
ten percent (110%) of the Fair Market Value of such shares on the
date of grant.

7.3 NOTICE AND PAYMENT. Any exercisable portion of a Stock Option may be
exercised only by:

(a) delivery of a written notice to the Company, prior to the time
when such Stock Option becomes unexerciseable under Section
7.4 hereof, stating the number of shares being purchased and
complying with all applicable rules established by the Plan
Administrator;

(b) payment in full of the exercise price of such Option by, as
applicable (i) cash or cheque for an amount equal to the
aggregate Option exercise price for the number of shares being
purchased, (ii) in the discretion of the Plan Administrator,
upon such terms as the Plan Administrator shall approve, a
copy of instructions to a broker directing such broker to sell
the Common Stock for which such Option is exercised, and to
remit to the Company the aggregate exercise price of such
Options (a "cashless exercise"), or (iii) in the discretion of
the Plan Administrator, upon such terms as the Plan
Administrator shall approve, the Optionee may pay all or a
portion of the purchase price for the number of shares being
purchased by tendering shares of the Company's Common Stock
owned by the Optionee, duly endorsed for transfer to the
Company, with a Fair Market Value on the date of delivery
equal to the aggregate purchase price of the shares with
respect to which such Stock Option or portion is thereby
exercised (a "stock for stock exercise");

(c) payment of the amount of tax required to be withheld (if any)
by the Company or any parent or subsidiary corporation as a
result of the exercise of a Stock Option. At the discretion of
the Plan Administrator, upon such terms as the Plan
Administrator shall approve, the Optionee may pay all or a
portion of the tax withholding by (i) cash or cheque payable
to the Company, (ii) cashless exercise, (iii) stock-for-stock
exercise, or (iv) a combination of one or more of the
foregoing payment methods; and

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(d) delivery of a written notice to the Company requesting that
the Company direct the transfer agent to issue to the Optionee
(or to his or her designee) a certificate for the number of
shares of Common Stock for which the Option was exercised or,
in the case of a cashless exercise, for any shares that were
not sold in the cashless exercise.

Notwithstanding the foregoing, the Company may, in its sole and
absolute discretion, extend and maintain, or arrange for the
extension and maintenance of, credit to any Optionee to finance the
Optionee's purchase of shares pursuant to exercise of any Stock
Option, on such terms as may be approved by the Plan Administrator,
subject to applicable regulations of the Federal Reserve Board and
any other laws or regulations in effect at the time such credit is
extended.

7.4 TERM OF OPTION. No Option shall be exercisable after the expiration
of the earliest of (a) ten years after the date the option is
granted, (b) three months after the date the Optionee's employment
with the Company and its subsidiaries terminates if such termination
is for any reason other than disability or death, (c) one year after
the date the Optionee's employment with the Company and its
subsidiaries terminates if such termination is a result of death or
disability; provided, however, that the Option agreement for any
Option may provide for shorter periods in each of the foregoing
instances. Notwithstanding the foregoing, in the case of any
Incentive Stock Option granted under the Plan to an employee who
owns stock possessing more than 10% of the total combined voting
power of all classes of stock of the Company, its parent or any of
its subsidiary corporations, the term of such Option shall not be
more than five years from the date the Option is granted.

7.5 EXERCISE OF OPTIONS. No Option shall be exercisable during the
lifetime of an Optionee by any person other than the Optionee.
Subject to the foregoing, the Plan Administrator shall have the
power to set the time or times within which each Option shall be
exercisable and to accelerate the time or times of exercise. Unless
otherwise provided by the Plan Administrator, each Option granted
under the Plan shall become excisable on a cumulative basis as to
one-third (1/3) of the total number of shares covered thereby at any
time after one year from the date the Option is granted and an
additional one third (1/3) of such total number of shares at any
time after the end of each consecutive one-year period thereafter
until the Option has become exercisable as to all of such total
number of shares. Notwithstanding the foregoing, any Options granted
under the Plan shall become exercisable at a minimum rate of twenty
percent (20%) per year. To the extent that an Optionee has the right
to exercise an Option and purchase shares pursuant thereto, the
Option may be exercised from time to time by written notice to the
Company, stating the number of shares

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being purchased and accompanied by payment in full of the exercise
price for such shares.

7.6 NO TRANSFER OF OPTION. No Option shall be transferable by an
Optionee other than by will or the laws of decent and distribution.

7.7 LIMIT ON INCENTIVE STOCK OPTIONS. The aggregate Fair Market Value
(determined at the time the Option is granted) of the Common Stock
with respect to which any Incentive Stock Options granted to an
Optionee are exercisable for the first time by an Optionee during
any calendar year (under all stock option plans of the Company and
its subsidiaries) shall not exceed $100,000. To the extent that the
aggregate Fair Market Value (determined at the time the Stock Option
is granted) of the Common Stock with respect to which Incentive
Stock Options are exercisable for the first time by an Optionee
during any calendar year (under all Incentive Stock Option plans of
the Company and any parent or subsidiary corporations) exceeds
$100,000, such Stock Options shall be treated as Non-Qualified Stock
Options. The determination of which Stock Option shall be treated as
Non-Qualified Stock Options shall be made by taking Stock Options
into account in the order in which they were granted.

7.8 RESTRICTION ON ISSUANCE OF SHARES. The issuance of Options and
shares shall be subject to compliance with all of the applicable
requirements of law with respect to the issuance and sale of
securities, including, without limitation, any required
qualification under the securities laws of the United States,
Canada, any state of the United States or any province of Canada. If
an Optionee acquires shares of Common Stock pursuant to the exercise
of an Option at a time when the shares are not registered pursuant
to Section 12 of the Securities Exchange Act of 1934, as amended,
the Plan Administrator, in its sole discretion, may require as a
condition of issuance of shares covered by the Option that the
shares of Common Stock shall be subject to restrictions on transfer.
The Company may place a legend on the certificates evidencing the
shares, reflecting the fact that they are subject to restrictions on
transfer pursuant to the terms of this Section.

7.9 INVESTMENT REPRESENTATION. Each Option shall contain and any
Optionee may be required, as a condition of the grant of the Option
and the issuance of shares covered by his or her Option, to
represent that the Option and the shares to be acquired pursuant to
exercise of the Option will be acquired for investment purposes only
without a view to distribution thereof; and in such case, the
Company may place a legend on the certificate evidencing the shares
reflecting the fact that they were acquired for investment and
cannot be sold or transferred unless registered under the Securities
Act of 1933, as amended, or unless counsel for the Company is
satisfied that the circumstances of the proposed transfer do not
require such registration.

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7.10 RIGHTS AS A SHAREHOLDER OR EMPLOYEE. An Optionee or transferee of an
Option shall have no right as a shareholder of the Company with
respect to any shares covered by any Option until the date of the
issuance of a share certificate for such shares. No adjustment shall
be made for dividends (ordinary or extraordinary, whether cash,
securities, or other property) or distributions or other rights for
which the record date is prior to the date such share certificate is
issued, except as provided in Section 7.13. Nothing in the Plan or
in any Option agreement shall confer upon any employee any right to
continue in the employ of the Company or any of its subsidiaries or
interfere in any way with any right of the Company or any subsidiary
to terminate the Optionee's employment at any time.

7.11 NO FRACTIONAL SHARES. In no event shall the Company be required to
issue fractional shares upon the exercise of an Option.

7.12 EXERCISEABILITY IN THE EVENT OF DEATH. In the event of the death of
the Optionee, any Option or unexercised portion thereof granted to
the Optionee, to the extent exercisable by him or her on the date of
death, may be exercised by the Optionee's personal representatives,
heirs, or legatees subject to the provisions of Section 7.4 hereof.

7.13 RECAPITALIZATION OR REORGANIZATION OF COMPANY. Except as otherwise
provided herein, appropriate and proportionate adjustments shall be
made in the number and class of shares subject to the Plan, to the
Option rights granted under the Plan, including any formula grants
or automatic grant authorizations, and the exercise price of such
Option rights, in the event that the number of shares of Common
Stock of the Company are increased or decreased as a result of a
stock dividend (but only on Common Stock), stock split, reverse
stock split, recaptilization, reorganization, merger, consolidation,
separation, or like change in the corporate or capital structure of
the Company. In the event there shall be any other change in the
number or kind of the outstanding shares of Common Stock of the
Company, or any stock or other securities into which such Common
Stock shall have been changed, or for which it shall have been
exchanged, whether by reason of a complete liquidation of the
Company or a merger, reorganization, or consolidation of the Company
with any other corporation in which the Company is not the surviving
corporation or the Company becomes wholly-owned subsidiary of
another corporation, then if the Plan Administrator shall, it its
sole discretion, determine that such change equitably requires an
adjustment to shares of the Common Stock currently subject to
Options under the Plan, or to prices or terms of outstanding
Options, such adjustment shall be made in accordance with such
determination.

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To the extent that the foregoing adjustments relate to stock or
securities of the Company, such adjustments shall be made by the
Plan Administrator, the determination of which in that respect shall
be final, binding and conclusive. No right to purchase fractional
shares shall result from any adjustment of Options pursuant to this
Section. In case of any such adjustment, the shares subject to the
option shall be rounded down to the nearest whole share. Notice of
any adjustment shall be given by the Company to each Optionee whose
Options shall have been so adjusted and such adjustment (whether or
not notice is given) shall be effective and binding for all purposes
of the Plan.

In the event of a complete liquidation of the Company or a merger,
reorganization, or consolidation of the Company with any other
corporation in which the Company is not the surviving corporation or
the Company becomes a wholly-owned subsidiary of another
corporation, any unexercised Options theretofore granted under the
Plan shall be deemed cancelled unless the surviving corporation in
any such merger, reorganization, or consolidation elects to assume
the Options under the Plan or to issue substitute Options in place
thereof; provided, however, that, notwithstanding the foregoing, if
such Options would be cancelled in accordance with the foregoing,
the Optionee shall have the right, exercisable during a ten-day
period ending on the fifth day prior to such liquidation, merger, or
consolidation, to exercise such Option in whole or in part without
regard to any installment exercise provisions in the Option
Agreement.

7.14 MODIFICATION, EXTENSION, AND RENEWAL OF OPTIONS. Subject to the
terms and conditions and within the limitations of the Plan, the
Plan Administrator may modify, extend, or renew outstanding Options
granted under the Plan, and accept the surrender of outstanding
Options (to the extent not theretofore exercised). The Plan
Administrator shall not, however, modify any outstanding Incentive
Stock Option in any manner which would cause the Option not to
qualify as an Incentive Stock Option within the meaning of Section
422 of the Code. Notwithstanding the foregoing, no modification of
an Option shall, without the consent of the Optionee, alter or
impair any rights of the Optionee under the Option. However, a
termination of the Option in which the Optionee receives a cash
payment equal to the difference between the Fair Market Value and
the exercise price for all shares subject to exercise under any
outstanding Option shall not alter or impair any rights of the
Optionee.

7.15 OTHER PROVISIONS. Each Option may contain such other terms,
provisions, and conditions not inconsistent with the Plan as may be
determined by the Plan Administrator.

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8. TERMINATION OR AMENDMENT OF THE PLAN. The Board may at any time terminate
or amend the Plan; provided that, without approval of the holders of a
majority of the shares of Common Stock of the Company represented and
voting at a duly held meeting at which a quorum is present (which shares
voting affirmatively also constitute a majority of the required quorum) or
by the written consent of a majority of the outstanding shares of Common
Stock, there shall be, except by operation of the provisions of Section
7.13, no increase in the total number of shares covered by the Plan, no
change in the class of persons eligible to receive Options granted under
the Plan, and no extension of the term of the Plan beyond ten (10) years
after the earlier of the date the Plan is adopted or the date the Plan is
approved by the Company's shareholders; and provided further that, without
the consent of the Optionee or as provided by Section 7.14 hereof, no
amendment may adversely affect any then outstanding Option or any
unexercised portion thereof.

9. INDEMNIFICATION. To the extent permitted by law, the Certificate of
Incorporation of the Company, the Bylaws of the Company and any indemnity
agreements between the Company and its directors or employees, between the
Company and its directors or employees, the Company shall indemnify each
member of the Board and of the Plan Administrator, and any other employee
of the Company with duties under the Plan, against expenses (including any
amount paid in settlement) reasonably incurred by him in connection with
any claims against him by reason of his conduct in the performance of his
duties under the Plan.

10. EFFECTIVE DATE AND TERM OF PLAN. This Plan shall become effective (the
"Effective Date") on June 29, 1998. No options granted under the Plan will
be effective unless the Plan is approved by shareholders of the Company
within 12 months of the date of adoption. Unless sooner terminated by the
Board in its sole discretion, the Plan will expire on June 28, 2008.

Amended as of November 17, 1999.

FUTURELINK CORP.

By: /s/ Raghu Kilambi
------------------------
Raghu Kilambi
Chief Financial Officer

By: /s/ K.B. Scott
------------------------
Kyle B.A. Scott
General Counsel & Secretary

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