--------------------------------------------------------------------------------

--------------------------------------------------------------------------------

Exhibit 10.1

3-09-2009

Dear Peter,

On behalf of Microfluidics, I am pleased to offer you the position of Vice
President of Finance, and Controller.  In this position you will be reporting
directly to our CEO, Michael Ferrara and you will be a member of the company
Leadership Team.  Upon approval of the Board of Directors, you will be made an
Officer of the Company.

Your compensation will include a base salary and a variable bonus
potential.  Your annual base salary will be $145,000 payable bi-weekly.  Your
annual salary will be eligible for a yearly review and will be measured by
comparable market data and company and individual performance (KRA’s).

You will be eligible for a variable bonus of a potential $20,000.00 annualized,
based upon achieving specific goals for the twelve month period. The variable
bonus will based on company performance EBITDA-2009 ($700,000) and based upon
the achievement of individual KRA’s to be established.

You will accrue three weeks vacation during each of your first five years of
employment with the company.  The vacation will start off with two weeks from
the first day of employment. The company observes 10 national holidays (8 plus
two floating holidays).

You will be eligible to participate in all of the Company’s standard employment
plans, including health medical/dental/vision, long term disability, term life
insurance, and 401(k) plan.

In addition, you will receive options to purchase MFIC common stock. The offer
of stock under our ISO plan is 25,000 shares.  You will become vested in these
options at the rate of 25% per year. The compensation committee of the Board of
Directors may approve additional yearly option grants.

In the event of a termination either without cause or due to change in control,
you will receive a severance package of sixty days. This package is subject to a
signed release statement that will include non-disclosure, non-disparagement
clauses and non-compete clauses.
 
Please be aware that all employees are required to sign a “Patent and Trade
Secrets Agreement” as a condition of employment.  This offer is conditional upon
the successful completion of a background check prior to official date of
hire.  If you have any questions please do not hesitate to contact me.

We would like you to start employment on 3/18/2009.  We would very much
appreciate it if you would return a signed copy of this offer letter.

We are very much looking forward to your joining Microfluidics.  I am certain
this position will be one that you find very exciting and rewarding, and in
which your talents will make a significant contribution to the success and
growth of the company.

Yours Sincerely,

/s/ Thomas Smith

Thomas Smith
Human Resources Manager

Acceptance:  Peter F. Byczko
 
Signed: /s/ Peter F. Byczko
 
Date: 3/12/09

 
 

--------------------------------------------------------------------------------