Exhibit 10.6
FIND/SVP, INC.
RESTRICTED STOCK AWARD AGREEMENT

THIS RESTRICTED STOCK AWARD AGREEMENT (the “Agreement”) is entered into as of
the 21st day of July, 2005, (and effective as of July 1, 2005) by and between
Find/SVP, Inc., a New York corporation, having its principal office at 625
Avenue of the Americas, New York, NY 10011 (the “Corporation”), and Marc
Litvinoff (the “Employee” or “Restricted Stockholder”). Capitalized terms not
defined herein shall have the meanings ascribed to them in the Corporation’s
2003 Stock Incentive Plan.

WHEREAS, the Corporation has heretofore adopted the Find/SVP, Inc. 2003 Stock
Incentive Plan (the “Plan”) for the benefit of certain employees, officers,
directors, consultants, independent contractors and advisors of the Corporation,
which Plan has been approved by the Corporation’s stockholders; and

WHEREAS, Employee and the Corporation have entered into an Employment Agreement
dated April 28, 2004 and a First Amendment to the Employment Agreement entered
into as of the 21st day of July, 2005, (and effective as of July 1, 2005)
(collectively the “Employment Agreement”), which provides that the Employee
shall be awarded the Restricted Shares (defined below); and

WHEREAS, Employee is a key employee of the Corporation and the Corporation
believes it to be in the best interests of the Corporation to incentivize the
Employee through the grant of restricted shares of common stock (the “Common
Stock”), par value $.0001 per share, of the Corporation.
WHEREAS, this Restricted Stock Award Agreement is delivered and entered into
pursuant to the Plan.

NOW THEREFORE, in consideration of the mutual agreements herein contained, the
parties hereto agree as follows:

1. Restricted Stock. Subject to the provisions hereinafter set forth and the
terms and conditions of the Plan, the Corporation hereby grants to the Employee,
as of January 1, 2005 (the “Grant Date”), a restricted stock award, subject to
the vesting schedule set forth below, of Fifty Thousand (50,000) shares of
Common Stock (the “Restricted Shares”), such number being subject to adjustment
as provided in the Plan. As more fully described below, the Restricted Shares
granted hereby are subject to forfeiture by the Employee if certain criteria are
not satisfied. The Employee hereby delivers to the Corporation the purchase
price for the Restricted Shares in an amount equal to $500 in cash (or $.01 for
each share granted).

2. Vesting. 
(a) The Restricted Shares shall vest and become nonforfeitable as follows:

(i) 100% on the date the Average Closing Price exceeds three dollars and twenty
five cents ($3.25) per share in the first year after grant of the award, subject
to adjustment pursuant to Section 18.1 of the Plan or as otherwise mutually
agreed in writing between the parties;

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(ii) 100% on the date the Average Closing Price exceeds four dollars ($4.00) per
share in the second year after grant of the award, subject to adjustment
pursuant to Section 18.1 of the Plan or as otherwise mutually agreed in writing
between the parties; or

(iii) the date there is a Change of Control of the Corporation (as defined in
Section 3.6 of the Employment Agreement.

For purposes of this Agreement, “Average Closing Price” shall mean the average
closing price of the Corporation’s common stock quoted on the NASDAQ System or
such other exchange where the Corporation’s common stock may be traded for
fifteen (15) consecutive trading days.

(b) Notwithstanding the vesting schedule set forth herein, such vesting schedule
may be accelerated by the Board of Directors or the Compensation Committee of
the Board of Directors (the “Committee”) in their sole decision.

(c) Upon the vesting dates the Restricted Shares shall be issued to the Employee
in accordance with the Plan and the terms hereof including Section 3 below.

(d)  Nothing in the Plan shall confer on Employee any right to continue in the
employ of, or other relationship with, the Corporation or any subsidiary of the
Corporation, or limit in any way the right of the Corporation or any Affiliate
(as defined in the Plan) or subsidiary of the Corporation to terminate
Employee’s employment or other relationship at any time, with or without cause.
This Agreement does not constitute an employment contract. This Agreement does
not guarantee employment for the length of time of the above vesting schedule or
for any portion thereof.

(e) Tax Consequences. Employee understands that Employee may suffer adverse tax
consequences as a result of the grant, vesting or disposition of the Restricted
Shares. Employee represents that Employee has consulted with his or her own
independent tax consultant(s) as Employee deems advisable in connection with the
grant, vesting or disposition of the Restricted Shares and that Employee is not
relying on the Corporation for any tax advice.

3. Issuance and Withholding.

(a) Upon vesting, the Corporation shall issue the Restricted Shares registered
in the name of Employee, Employee’s authorized assignee, or Employee’s legal
representative, and shall deliver certificates representing the Restricted
Shares.

(b) Prior to the issuance of the Restricted Shares, Employee must pay or provide
for any applicable federal or state withholding obligations in accordance with
Section 16 below.

4. Compliance With Laws and Regulations. The issuance and transfer of Restricted
Shares shall be subject to compliance by the Corporation and Employee with all
applicable requirements of federal and state securities laws and with all
applicable requirements of any stock exchange or quotation system on which the
Corporation’s Common Stock may be listed at the time of such issuance or
transfer

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5. Nontransferability. Until the Restricted Shares shall be vested and issued
and until the satisfaction of any and all other conditions specified herein, the
Restricted Shares may not be sold, transferred, assigned, pledged or otherwise
encumbered or disposed of by the Employee, other than by will or by the laws of
descent and distribution, except upon the written consent of the Corporation
and, in any case, in compliance with the terms and conditions of this Agreement.
The terms of this Agreement shall be binding upon the executors, administrators,
successors and assigns of Employee.

6. Privileges of Stock Ownership. Employee shall not have any of the rights of a
stockholder with respect to any Restricted Shares until the Restricted Shares
are vested and are issued to Employee.

7. Interpretation. Any dispute regarding the interpretation of this Agreement
shall be submitted by Employee or the Corporation to the Committee for review.
The resolution of such a dispute by the Committee shall be final and binding on
the Corporation and Employee.

8. Entire Agreement. The Plan is incorporated herein by reference. This
Agreement and the Plan constitute the entire agreement and understanding of the
parties hereto with respect to the subject matter hereof and supersede all prior
understandings and agreements with respect to such subject matter.

9. Notices. Any notice required to be given or delivered to the Corporation
under the terms of this Agreement shall be in writing and addressed to the
Corporate Secretary of the Corporation at its principal corporate offices. Any
notice required to be given or delivered to Employee shall be in writing and
addressed to Employee at the address indicated above or to such other address as
such party may designate in writing from time to time to the Corporation. All
notices shall be deemed to have been given or delivered upon: personal delivery;
three (3) days after deposit in the United States mail by certified or
registered mail (return receipt requested); one (1) business day after deposit
with any return receipt express courier (prepaid); or one (1) business day after
transmission by facsimile.

10. Successors and Assigns. The Corporation may assign any of its rights under
this Agreement. This Agreement shall be binding upon and inure to the benefit of
the successors and assigns of the Corporation. Subject to the restrictions on
transfer set forth herein, this Agreement shall be binding upon Employee and
Employee’s heirs, executors, administrators, legal representatives, successors
and assigns.

11. Governing Law. This Agreement shall be governed by and construed in
accordance with the laws of the State of New York, applicable to agreements made
and to be performed entirely within such state, other than conflict of laws
principles thereof directing the application of any law other than that of New
York.

12. Acceptance. Employee hereby acknowledges receipt of a copy of the Plan and
this Agreement. Employee has read and understands the terms and provisions
thereof and hereof, and accepts this restricted stock award subject to all the
terms and conditions of the Plan and this Agreement. Employee acknowledges that
there maybe adverse tax consequences upon the grant or the vesting of this
restricted stock award, issuance or disposition of the Restricted Shares and
that the Corporation has advised Employee to consult a tax advisor regarding the
tax consequences of the grant, vesting, issuance or disposition.

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13. Covenants of the Employee. The Employee agrees (and for any proper successor
hereby agrees) upon the request of the Committee, to execute and deliver a
certificate, in form reasonably satisfactory to the Committee, regarding
applicable Federal and state securities law matters. 

14. Obligations of the Corporation

(a) Notwithstanding anything to the contrary contained herein, neither the
Corporation nor its transfer agent shall be required to issue any fraction of a
share of Common Stock, and the Corporation shall issue the largest number of
whole Restricted Shares of Common Stock to which Employee is entitled and shall
return to the Employee the amount of any unissued fractional share in cash.
 
(b) The Corporation may endorse such legend or legends upon the certificates for
Restricted Shares issued to the Employee pursuant to the Plan and may issue such
“stop transfer” instructions to its transfer agent in respect of such Restricted
Shares as, in its discretion, it determines to be necessary or appropriate to:
(i) prevent a violation of, or to perfect an exemption from, the registration
requirements of the Securities Act; (ii) implement the provisions of the Plan
and any agreement between the Corporation and the Employee or grantee with
respect to such Restricted Shares; or (iii) as may be required pursuant to the
Corporation’s Amended and Restated Certificate of Incorporation, as amended.
 
(c) The Corporation shall pay all issue or transfer taxes with respect to the
issuance or transfer of Restricted Shares to Employee, as well as all fees and
expenses necessarily incurred by the Corporation in connection with such
issuance or transfer.
 
(d) All Restricted Shares issued following vesting shall be fully paid and
non-assessable to the extent permitted by law.

15. Section 83(b) Election. If the Employee files an election with the Internal
Revenue Service to include the fair market value of any Restricted Shares in
gross income as of the Grant Date, the Restricted Stockholder agrees to promptly
furnish the Corporation with a copy of such election, together with the amount
of any federal, state, local or other taxes required to be withheld to enable
the Corporation to claim an income tax deduction with respect to such election

16. Withholding Taxes. The Employee acknowledges that the Corporation is not
responsible for the tax consequences to the Employee of the granting, vesting or
issuance of the Restricted Shares, and that it is the responsibility of the
Employee to consult with the Employee’s personal tax advisor regarding all
matters with respect to the tax consequences of the granting, vesting and
issuance of the Restricted Shares. The Corporation shall have the right to
deduct from the Restricted Shares or any payment to be made with respect to the
Restricted Shares any amount that federal, state, local or foreign tax law
requires to be withheld with respect to the Restricted Shares or any such
payment. Alternatively, the Corporation may require that the Employee, prior to
or simultaneously with the Corporation incurring any obligation to withhold any
such amount, pay such amount to the Corporation in cash or in shares of the
Corporation’s Common Stock (including shares of Common Stock retained from the
Stock Restricted Award creating the tax obligation), which shall be valued at
the Fair Market Value of such shares on the date of such payment. In any case
where it is determined that taxes are required to be withheld in connection with
the issuance, transfer or delivery of the shares, the Corporation may reduce the
number of shares so issued, transferred or delivered by such number of shares as
the Corporation may deem appropriate to comply with such withholding. The
Corporation may also impose such conditions on the payment of any withholding
obligations as may be required to satisfy applicable regulatory requirements
under the Exchange Act, if any.

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17. Miscellaneous
 
(a) If the Employee loses this Agreement representing the Restricted Shares
granted hereunder, or if this Agreement is stolen, damaged or destroyed, the
Corporation shall, subject to such reasonable terms as to indemnity as the
Committee, in its sole discretion shall require, replace the Agreement. 
 
(b) The Corporation may offer to buy the Restricted Shares actually issued
hereunder on such terms and conditions as the Corporation shall establish and
communicate to the Employee at the time that such offer is made.
 
(c) This Agreement cannot be amended, supplemented or changed, and no provision
hereof can be waived, except by a written instrument making specific reference
to this Agreement and signed by the party against whom enforcement of any such
amendment, supplement, modification or waiver is sought. A waiver of any right
derived hereunder by the Employee shall not be deemed a waiver of any other
right derived hereunder.
 
(d) This Agreement may be executed in any number of counterparts, but all
counterparts will together constitute but one agreement.
 
(e) In the event of a conflict between the terms and conditions of this
Agreement and the Plan, the terms and conditions of the Plan shall govern. All
capitalized terms used herein but not defined shall have the meanings given to
such terms in the Plan.

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IN WITNESS WHEREOF, the Corporation has caused this Agreement to be executed by
its duly authorized officer and the Restricted Stockholder has executed this
Agreement as of July 21, 2005.
    

        FIND/SVP, INC.  
   
   
    By:   /s/  David Walke  

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Name:  David Walke   Title:  Chief Executive Officer           RESTRICTED
STOCKHOLDER       /s/  Marc Litvinoff   

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Name:  Marc Litvinoff   Address:

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