EXHIBIT 10.1

Tatum, LLC

Interim Executive Services Agreement

June 15, 2007

Mr. Roger Rowe
Chief Financial Officer
InFocus Corporation
27500 SW Parkway Avenue
Wilsonville, OR, USA 97070-8238

Dear Roger:

Tatum, LLC (“Tatum”) understands that InFocus Corporation (“the Company”)
desires to engage a partner of Tatum to serve as interim chief financial
officer.  This Interim Executive Services Agreement sets forth the conditions
under which such services will be provided.

SERVICES; FEES

Tatum will make available to the Company Mark Perry (the “Tatum Partner”)
beginning on June 19, 2007 (“Beginning Date”), who will serve as chief financial
officer of the Company.  The Tatum Partner will become an employee and, if
applicable, a duly elected or appointed officer of the Company and subject to
the supervision and direction of the CEO of the Company (or Acting COO in the
absence of a CEO), the board of directors of the Company, or both.  Tatum will
have no control or supervision over the Tatum Partner.  The CFO will have full
and independent access to the audit committee through the audit chair or to the
independent lead director should fiduciary or ethical issues arise.

The Company will pay the Tatum Partner directly a salary of $13,846.15 every two
weeks (“Salary”).  In addition, the Company will pay directly to Tatum a fee of
$3,461.54 every two weeks (“Fees”) as partial compensation for resources
provided.

The Company will have no obligation to provide the Tatum Partner any health or
major medical benefits, stock, or bonus payments.  The Tatum Partner will remain
on his or her current medical plan.

As an employee, the Tatum Partner will be eligible for vacation accrued at a
rate of 1.67 days per month worked and holidays consistent with the Company’s
policy as it applies to senior management, and the Tatum Partner will be exempt
from any delay periods otherwise required for eligibility.

PAYMENTS; DEPOSIT

Payments to Tatum should be made by direct deposit through the Company’s
payroll, or by an automated clearing house (“ACH”) payment at the same time as
payments are made to the Employee.  Only if such payment methods are not
available, payment may be made by check, but at the same time as payments are
made to the Employee,

The Company will reimburse the Tatum Partner directly for out-of-pocket expenses
incurred by the Tatum Partner in providing services hereunder to the same extent
that the Company is responsible for such expenses of senior managers of the
Company.  Such reimbursable expenses will include weekly air travel between
Denver, Colorado and Portland, Oregon or such other location the Tatum Partner
is working in on behalf of the Company, reasonable lodging while working outside
of Denver, Colorado, a reasonable rental car or taxi fares while working outside
of Denver, Colorado, and a per diem of $45 while working outside of Denver,
Colorado.

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Company agrees to pay Tatum and to maintain a security deposit of $37,500 for
the Company’s future payment obligations to both Tatum and the Tatum Partner
under this agreement (the “Deposit”).  If the Company breaches this agreement
and fails to cure such breach as provided in this agreement, Tatum will be
entitled to apply the Deposit to its damages resulting from such breach.  Upon
termination or expiration of this agreement, Tatum will return to the Company
the balance of the Deposit remaining after application of any amounts to
unfulfilled payment obligations of the Company to Tatum or the Tatum Partner as
provided for in this agreement.

CONVERTING INTERIM TO PERMANENT

The Company will have the opportunity to make the Tatum Partner a permanent
member of Company management at any time during the term of this agreement by
entering into another form of Tatum agreement, the terms of which will be
negotiated at such time.

HIRING TATUM PARTNER OUTSIDE OF AGREEMENT

During the twelve (12)-month period following termination or expiration of this
agreement, other than in connection with another Tatum agreement, the Company
will not employ the Tatum Partner, or engage the Tatum Partner as an independent
contractor, to render services of substantially the same nature as those to be
performed by the Tatum Partner as contemplated by this agreement. The parties
recognize and agree that a breach by the Company of this provision would result
in the loss to Tatum of the Tatum Partner’s valuable expertise and revenue
potential and that such injury will be impossible or very difficult to
ascertain.  Therefore, in the event this provision is breached, Tatum will be
entitled to receive as liquidated damages an amount equal to forty-five percent
(45%) of the Tatum Partner’s Annualized Compensation (as defined below), which
amount the parties agree is reasonably proportionate to the probable loss to
Tatum and is not intended as a penalty.  If, however, a court or arbitrator, as
applicable, determines that liquidated damages are not appropriate for such
breach, Tatum will have the right to seek actual damages.  The amount will be
due and payable to Tatum upon written demand to the Company.  For this purpose,
‘‘Annualized Compensation’’ will mean monthly Salary equivalent to what the
Tatum Partner would receive on a full-time basis multiplied by twelve (12), plus
the maximum amount of any bonus for which the Tatum Partner was eligible with
respect to the then current bonus year.

TERM & TERMINATION

Effective upon twenty-one (21) days’ advance written notice, either party may
terminate this agreement, such termination to be effective on the date specified
in the notice, provided that such date is no earlier than twenty-one (21) days
after the date of delivery of the notice.  Tatum will continue to render
services and will be paid during such notice period.

Tatum retains the right to terminate this agreement immediately if (1) the
Company is engaged in or asks the Tatum Partner to engage in or to ignore any
illegal or unethical activity, (2) the Tatum Partner dies or becomes disabled,
(3) the Tatum Partner ceases to be a partner of Tatum for any other reason, or
(4) upon written notice by Tatum of non-payment by the Company of amounts due
under this agreement.  For purposes of this agreement, disability will be as
defined by the applicable policy of disability insurance or, in the absence of
such insurance, by Tatum’s management acting in good faith.

Should the Company elect to terminate this Agreement prior to three (3) months
following the Beginning Date, the Company agrees to pay on the date of
termination, an Early Termination Fee in an amount such that total Salary, Fees
and Early Termination Fee paid shall total $2,500 per day worked (in addition to
any reimbursable out-of-pocket expenses as provided for above).

In the event that either party commits a breach of this agreement, other than
for reasons described in the above paragraph, and fails to cure the same within
seven (7) days following delivery by the non-breaching party of written notice
specifying the nature of the breach, the non-breaching party will have the right
to terminate this agreement immediately effective upon written notice of such
termination.

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INSURANCE

The Company will provide Tatum or the Tatum Partner with written evidence that
the Company maintains directors’ and officers’ insurance in an amount reasonably
acceptable to the Tatum Partner at no additional cost to the Tatum Partner, and
the Company will maintain such insurance at all times while this agreement
remains in effect.  Furthermore, the Company will maintain such insurance
coverage with respect to occurrences arising during the term of this agreement
for at least three years following the termination or expiration of this
agreement or will purchase a directors’ and officers’ extended reporting period,
or “tail,” policy to cover the Tatum Partner.

Disclaimers, Limitations of Liability & Indemnity

Tatum assumes no responsibility or liability under this agreement other than to
render the services called for hereunder and will not be responsible for any
action taken by the Company in following or declining to follow any of Tatum’s
advice or recommendations.  Tatum represents to the Company that Tatum has
conducted its standard screening and investigation procedures with respect to
the Tatum Partner becoming a partner in Tatum, and the results of the same were
satisfactory to Tatum.  Tatum disclaims all other warranties, either express or
implied.  Without limiting the foregoing, Tatum makes no representation or
warranty as to the accuracy or reliability of reports, projections, forecasts,
or any other information derived from use of Tatum’s resources, and Tatum will
not be liable for any claims of reliance on such reports, projections,
forecasts, or information. Tatum will not be liable for any non-compliance of
reports, projections, forecasts, or information or services with federal, state,
or local laws or regulations.  Such reports, projections, forecasts, or
information or services are for the sole benefit of the Company and not any
unnamed third parties.

In the event that any partner of Tatum (including without limitation the Tatum
Partner to the extent not otherwise entitled in his or her capacity as an
officer of the Company) is subpoenaed or otherwise required to appear as a
witness or Tatum or such partner is required to provide evidence, in either case
in connection with any action, suit, or other proceeding initiated by a third
party or by the Company against a third party, then the Company shall reimburse
Tatum for the costs and expenses (including reasonable attorneys’ fees) actually
incurred by Tatum or such partner and provide Tatum with compensation at Tatum’s
customary rate for the time incurred.

The Company agrees that, with respect to any claims the Company may assert
against Tatum in connection with this agreement or the relationship arising
hereunder, Tatum’s total liability will not exceed two (2) months of Fees.

As a condition for recovery of any liability, the Company must assert any claim
against Tatum within three (3) months after discovery or sixty (60) days after
the termination or expiration of this agreement, whichever is earlier.

Tatum will not be liable in any event for incidental, consequential, punitive,
or special damages, including without limitation, any interruption of business
or loss of business, profit, or goodwill.

ARBITRATION

If the parties are unable to resolve any dispute arising out of or in connection
with this agreement, either party may refer the dispute to arbitration by a
single arbitrator selected by the parties according to the rules of the American
Arbitration Association (“AAA”), and the decision of the arbitrator will be
final and binding on both parties.  Such arbitration will be conducted by the
Atlanta, Georgia, office of the AAA.  In the event that the parties fail to
agree on the selection of the arbitrator within thirty (30) days after either
party’s request for arbitration under this paragraph, the arbitrator will be
chosen by AAA.  The arbitrator may in his discretion order documentary discovery
but shall not allow depositions without a showing of compelling need.  The
arbitrator will render his decision within ninety (90) days after the call for
arbitration.  The arbitrator will have no authority to award punitive damages. 
Judgment on the award of the arbitrator may be entered in and enforced by any
court of competent jurisdiction.  The arbitrator will have

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no authority to award damages in excess or in contravention of this agreement
and may not amend or disregard any provision of this agreement, including this
paragraph.  Notwithstanding the foregoing, either party may seek appropriate
injunctive relief from a court of competent jurisdiction, and either party may
seek injunctive relief in any court of competent jurisdiction.

MISCELLANEOUS

Tatum will be entitled to receive all reasonable costs and expenses incidental
to the collection of overdue amounts under this Resources Agreement, including
but not limited to attorneys’ fees actually incurred.

The Company agrees to allow Tatum to use the Company’s logo and name on Tatum’s
website and other marketing materials for the sole purpose of identifying the
Company as a client of Tatum.  Tatum will not use the Company’s logo or name in
any press release or general circulation advertisement without the Company’s
prior written consent.

Neither the Company nor Tatum will be deemed to have waived any rights or
remedies accruing under this agreement unless such waiver is in writing and
signed by the party electing to waive the right or remedy.  This agreement binds
and benefits the respective successors of Tatum and the Company.

Neither party will be liable for any delay or failure to perform under this
agreement (other than with respect to payment obligations) to the extent such
delay or failure is a result of an act of God, war, earthquake, civil
disobedience, court order, labor dispute, or other cause beyond such party’s
reasonable control.

The provisions concerning payment of compensation and reimbursement of costs and
expenses, limitation of liability, directors’ and officers’ insurance, and
arbitration will survive the expiration or any termination of this agreement.

This agreement will be governed by and construed in all respects in accordance
with the laws of the State of Georgia, without giving effect to
conflicts-of-laws principles.

The terms of this agreement are severable and may not be amended except in
writing signed by the party to be bound.  If any portion of this agreement is
found to be unenforceable, the rest of the agreement will be enforceable except
to the extent that the severed provision deprives either party of a substantial
benefit of its bargain.

Nothing in this agreement shall confer any rights upon any person or entity
other than the parties hereto and their respective successors and permitted
assigns and the Tatum Partner.

Each person signing below is authorized to sign on behalf of the party
indicated, and in each case such signature is the only one necessary.

BANK LOCKBOX MAILING ADDRESS FOR DEPOSIT AND FEES:

Tatum, LLC
P.O. Box 403291
Atlanta, GA  30384-3291

ELECTRONIC PAYMENT INSTRUCTIONS FOR DEPOSIT AND FEES:

Bank Name: Bank of America

 

Branch: Atlanta

 

Routing Number:

For ACH Payments: 061 000 052

 

For Wires: 026 009 593

Account Name: Tatum, LLC

 

Account Number: 003 279 247 763

 

Please reference InFocus in the body of the wire.

 

 

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Please sign below and return a signed copy of this letter to indicate the
Company’s agreement with its terms and conditions.

We look forward to serving you.

Sincerely yours,

TATUM, LLC

 

Acknowledged and agreed by:

 

 

 

 

 

 

InFocus Corporation

Signature

 

 

 

 

 

 

 

 

 

Signature

(Print name)

 

 

 

 

 

 

 

 

(Print name)

Area Managing Partner for TATUM, LLC

 

 

 

 

 

 

 

 

(Title)

 

 

 

 

 

 

 

 

 

(Date)

 

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