DIAMOND INTERNATIONAL GROUP, INC.
                            2003 STOCK INCENTIVE PLAN

1.     PURPOSES.

The purpose of the 2003 Stock Incentive Plan (the "Plan") is to (i) provide
long-term incentives and rewards to employees, directors, independent
contractors or agents ("Eligible Participants")of Diamond international Group,
Inc. ("Diamond") and its Subsidiaries; (ii) assist Diamond in attracting and
retaining employees, directors, independent contractors or agents with
experience and/or ability on a basis competitive with industry practices; and
(iii) associate the interests of such employees, directors, independent
contractors or agents with those of Diamond's stockholders.

2.     EFFECTIVE  DATE.

The Plan is effective as of the date it is adopted by the Board of Directors of
Diamond. and Awards may be made under the Plan on and after its effective date.

3.     ADMINISTRATION  OF  THE  PLAN.

The Plan shall be administered by the Board of Directors of Diamond and the
Board shall be so constituted as to permit the Plan to comply with the
disinterested administration requirements under Rule 16b-3 of the Securities
Exchange Act of 1934, as amended (the "Exchange Act"), and the "outside
director" requirement of Section 162(m) of the Internal Revenue Code of 1986, as
amended (the "Code").

The Board shall have all the powers vested in it by the terms of the Plan, such
powers to include exclusive authority (within the limitations described herein)
to select the Eligible Participants to be granted awards under the Plan, to
determine the type, size and terms of awards to be made to each Eligible
Participant selected, to determine the time when awards will be granted, when
they will vest, when they may be exercised and when they will be paid, to amend
awards previously granted and to establish objectives and conditions, if any,
for earning awards and whether awards will be paid after the end of the award
period. The Board shall have full power and authority to administer and
interpret the Plan and to adopt such rules, regulations, agreements, guidelines
and instruments for the administration of the Plan and for the conduct of its
business as the Board deems necessary or advisable and to interpret same. The
Board's interpretation of the Plan, and all actions taken and determinations
made by the Board pursuant to the powers vested in it hereunder, shall be
conclusive and binding on all parties concerned, including Diamond stockholders,
any participants in the Plan and any other Eligible Participant of Diamond.

All employees of Diamond and all employees of Affiliates shall be eligible to
participate in the Plan. The Board, in its sole discretion, shall from time to
time designate from among the eligible employees and among directors,
independent contractors or agents those individuals who are to receive awards
under and thereby become participants in the Plan. For purposes of the Plan,
"Affiliate" shall mean any entity, as may from time to time be designated by the
Board, that is a subsidiary corporation of Diamond (within the meaning of
Section 424 of the Code), and each other entity directly or indirectly
controlling or controlled by or under common control with Diamond. For purposes
of this definition, "control" means the power to direct the management and
policies of such entity, whether through the ownership of voting securities, by
contract or otherwise; and the terms "controlling" and "controlled" have meaning
correlative to the foregoing.

4.     AWARDS.

(a) Types. Awards under the Plan shall be made with reference to shares of
Diamond common stock and may include, but need not be limited to, stock options
(including nonqualified stock options and incentive stock options qualifying
under Section 422 of the Code), stock appreciation rights (including
free-standing, tandem and limited stock appreciation rights), warrants, dividend
equivalents, stock awards, restricted stock, phantom stock, performance shares
or other securities or rights that the Board determines to be consistent with
the objectives and limitations of the Plan. The Board may provide for the
issuance of shares of Diamond common stock as a stock award for no consideration
other than services rendered or, to the extent permitted by applicable state
law, to be rendered. In the event of an award under which shares of Diamond
common stock are or may in the future be issued for any other type of
consideration, the amount of such consideration shall (i) be equal or greater
than to the amount (such as the par value of such shares) required to be
received by Diamond in order to assure compliance with applicable state law and
(ii) to the extent necessary to comply with Rule 16b-3 of the Exchange Act, be
equal to or greater than 50% of the fair market value of such shares on the date
of grant of such award. The Board may make any other type of award which it
shall determine is consistent with the objectives and limitations of the Plan.

(b) Performance Goals. The Board may, but need not, establish performance goals
to be achieved within such performance periods as may be selected by it in its
sole discretion, using such measures of the performance of Diamond and/or its
Affiliates as it may select.

(c) Rules and Policies. The Board may adopt from time to time written rules and
policies implementing the Plan. Such rules and policies may include, but need
not be limited to, the type, size and term of awards to be made to participants
and the conditions for the exercise or payment of such awards.

5.     SHARES OF STOCK SUBJECT TO THE PLAN.

The shares that may be delivered or purchased or used for reference purposes
under the Plan shall not exceed an aggregate of 6,600,000 shares of Diamond
Common Stock, par value $.001. Any shares subject to an award which for any
reason expires or is terminated unexercised as to such shares shall again be
available for issuance under the Plan.

6.     PAYMENT OF AWARDS.

The Board shall determine the extent to which awards shall be payable in cash,
shares of Diamond common stock or any combination thereof. The Board may
determine that all or a portion of a payment to a participant under the Plan,
whether it is to be made in cash, shares of Diamond common stock or a
combination thereof shall be deferred. Deferrals shall be for such periods and
upon such terms as the Board may determine in its sole discretion.

7.     VESTING.

The Board may determine that all or a portion of a payment to a participant
under the Plan, whether it is to be made in cash, shares of Diamond common stock
or a combination thereof, shall be vested at such times and upon such terms as
may be selected by it in its sole discretion.

8.     DILUTION  AND  OTHER  ADJUSTMENT.

In the event of any change in the outstanding shares of Diamond common stock by
reason of any split, stock dividend, recapitalization, merger, consolidation,
spin-off, reorganization, combination or exchange of shares or other similar
corporate change, such equitable adjustments shall be made in the Plan and the
awards thereunder as the Board determines are necessary or appropriate,
including, if necessary, any adjustments in the number, kind or character of
shares that may be subject to existing or future awards under the Plan
(including by substitution of shares of another corporation including, without
limitation, any successor of Diamond ), adjustments in the exercise, purchase or
base price of an outstanding award and any adjustments in the maximum numbers of
shares referred to in Section 4 or Section 5 of the Plan. All such adjustments
shall be conclusive and binding for all purposes of the Plan.

9.     MISCELLANEOUS PROVISIONS.

(a) Rights as Stockholder. A participant under the Plan shall have no rights as
a holder of Diamond common stock with respect to awards hereunder, unless and
until certificates for shares of such stock are issued to the participant.

(b) Assignment to Transfer. No award under this Plan shall be transferrable by
the participant or shall be subject to any manner of alienation, sale, transfer,
assignment, pledge, encumbrance or charge (other than by or to Diamond), except
(i) by will or the laws of the descent and distribution (with all references
herein to the rights or duties of holders or participants to be deemed to
include such beneficiaries or legal representatives of the holders or
participant unless the context otherwise expressly requires); (ii) subject to
the prior approval of the Board, for transfers to members of the participant's
immediate family, charitable institutions, trusts whose beneficiaries are
members of the participant's immediate family and/or charitable institutions,
trusts whose beneficiaries are members of the participant's immediate family
and/or charitable institutions, or to such other persons or entities as may be
approved by the Board in each case subject to the condition that the Board be
satisfied that such transfer is being made for the estate and/or tax planning
purposes on a gratuitous or donative basis and without consideration (other than
nominal consideration) being received therefor. Except as provided above, during
the lifetime of a participant, awards hereunder are exercisable only by, and
payable only to, the participant.

(c) Agreements. All awards granted under the Plan shall be evidenced by
agreements in such form and containing such terms and conditions (not
inconsistent with the Plan) as the Board shall adopt.

(d) Compliance with Legal Regulations. During the term of the Plan and the term
of any awards granted under the Plan, Diamond will at all times reserve and keep
available such number of shares as may be issuable under the Plan, and will seek
to obtain from any regulatory body having jurisdiction, any requisite authority
required in the opinion of counsel for Diamond in order to grant shares of
Diamond common stock, or options to purchase such stock or other awards
hereunder, and transfer, issue or sell such number of shares of common stock as
shall be sufficient to satisfy the requirements of any options or other awards.
If in the opinion of counsel for Diamond the transfer, issue or sale of any
shares of its stock under the Plan shall not be lawful for any reason including
the inability of Diamond to obtain from any regulatory body having jurisdiction
authority deemed by such counsel to be necessary to such transfer, issuance or
sale, Diamond shall not be obligated to transfer, issue or sell any such shares.
In any event, Diamond shall not be obligated to transfer, issue or sell any
shares to any participant unless a registration statement which complies with
the provisions of the Securities Act of 1933, as amended (the "Securities Act"),
is in effect at the time with respect to such shares or other appropriate action
has been taken under and pursuant to the terms and provisions of the Securities
Act and any other applicable securities laws, or Diamond receives evidence
satisfactory to the Board that the transfer, issuance or sale of such shares, in
the absence of an effective registration statement or other appropriate action,
would not constitute a violation of the terms and provisions of the Securities
Act. Diamond's obligation to issue shares upon the exercise of any award granted
under the Plan shall in any case be subject to Diamond being satisfied that the
shares purchased are being purchased for investment and not with a view to the
distribution thereof, if at the time of such exercise a resale of such shares
would otherwise violate the Securities Act in the absence of an effective
registration statement relating to such shares.

(e) Withholding Taxes. Diamond shall have the right to deduct from all awards
hereunder paid in cash any federal, state, local or foreign taxes required by
law to be withheld with respect to such awards and, with respect to awards paid
in stock, to require the payment (through withholding from the participant's
salary or otherwise) of any such taxes. The obligation of Diamond to make
delivery of awards in cash or Diamond common stock shall be subject to currency
or other restrictions imposed by any government.

(f) No Rights to Award. No Eligible Participant or other person shall have any
right to be granted an award under the Plan. Neither the Plan nor any action
taken hereunder shall be construed as giving any employee any right to be
retained in the employ of Diamond or any of its subsidiaries or shall interfere
with or restrict in any way the rights of Diamond or its subsidiaries, which are
hereby reserved, to discharge the employee at any time for any reason
whatsoever, with or without good cause.
(g) Costs and Expenses. The costs and expenses of administering the Plan shall
be borne by Diamond and not charged to any award nor to any Eligible Participant
receiving an award.

(h) Funding of Plan. The Plan shall be unfunded. Diamond shall not be required
to establish any special or separate fund or to make any other segregation of
assets to assure the payment of any award under the Plan.

10.    AMENDMENTS AND TERMINATION.

(a) Amendments. The Board may at any time terminate or from time to time amend
the Plan in whole or in part, but no such action shall adversely affect any
rights or obligations with respect to any awards theretofore made under the
Plan.

Unless the majority of the directors of Diamond present, or represented, and
entitled to vote at a meeting of directors shall have first approved thereof, no
amendment of the Plan shall be effective which would (i) increase the maximum
number of shares referred to in section 5 of the Plan or the maximum awards that
may be granted pursuant to section 4 of the Plan to any one individual or (ii)
extend the maximum period during which awards may be granted under the Plan. For
purposes of this section 10 (a), any (A) cancellation and reissuance or (B)
repricing of any awards made under the Plan at a new option price as provided in
Exhibit A hereto shall not constitute an amendment of this Plan.

With consent of the Eligible Participant adversely affected, the Board may amend
outstanding agreements evidencing awards under the Plan in a manner not
inconsistent with the terms of the Plan.

(b) Termination. Unless the Plan shall theretofore have been terminated as above
provided, the Plan (but not the awards theretofore granted under the Plan) shall
terminate on and no awards shall be granted after October 1, 2013.