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  THE AGREEMENT (the "Agreement"), made as of this 17th day of September 1997,
  between CHYRON CORPORATION, a New York corporation (the "Company" or
  "Chyron") having its principal offices at 5 Hub Drive, Melville, New York
  11747, and ISAAC HERSLY ("Hersly"), an individual residing at 9 Lafayette
  Drive, New City, New York 10956.
  
  WITNESSETH:
  
  WHEREAS, Hersly and Chyron are party to an employment agreement made as of
  September 17, 1996 (the "Employment Agreement") by which, among other
  things, Hersly was employed as President of Chyron for a term ending June
  30, 1998 at an annual salary of $200,000;
  
  WHEREAS, Hersly and Chyron wish to sever that employment relationship and
  said Employment Agreement and this Agreement shall supersede that Employment
  Agreement, any other employment arrangement or agreement between the
  parties.
  
  WHEREAS, Hersly was appointed to the Board of Directors on March 14, 1996
  and was elected by Chyron's Shareholders on May 20, 1996.
  
  NOW THEREFORE, in consideration of the mutual premises and agreements
  contained herein, and intending to be legally bound hereby, the parties
  hereto agree as follows:
  
  1. Resignation:  Hersly resigns from his present position at Chyron and
  all its subsidiaries and affiliates effective September 26, 1997, and
  further resigns as a member of the Board of Directors of Chyron and all its
  subsidiaries and affiliates also effective September 26, 1997.  Hersly shall
  execute a formal letter of resignation in the form attached hereto as
  Exhibit A.
  
  2. Continued Employment as "Senior Advisor":  For the period September
  26, 1997 through January 10, 1998, Hersly will be employed in the position
  of "Senior Advisor" to Chyron.  This is an exempt position with no salary
  or benefits except as set forth herein, provided, however, that Hersly will
  be reimbursed for all approved out of pocket expenditures.  As "Senior
  Advisor", Hersly will not accrue any vacation or sick leave.  As "Senior
  Advisor", Hersly will render such services as reasonably are requested of
  him by the Chief Executive Officer of Chyron, Edward Grebow, and shall
  report to Mr. Grebow.  Hersly will undertake such assignments as Grebow
  shall  give to him which Hersly shall perform on a mutually agreeable basis. 
  Hersly will not continue as an employee of Chyron on an at-will basis, or
  on any other basis after January 10, 1998, except upon  a further written
  agreement subscribed to by both Hersly and Chyron pursuant to paragraph 15
  hereof.  In the event that Hersly accepts or undertakes regular full time
  employment or work then his position as a "Senior Advisor" shall terminate
  effective with the earlier of either his commencement of such other
  employment or work on upon an effective date of a notice of resignation by
  Hersly as "Senior Advisor".
  
  3. Compensation:  In Consideration for (i) this Severance Agreement
  inclusive of the agreement not to compete and any other surviving
  obligations hereunder; (ii) in lieu of any surviving obligations of Chyron
  under the Employment Agreement and any surviving obligations of Hersly
  thereunder; and (iii) for his services as "Senior Advisor", Chyron shall pay
  to Hersly, and Hersly agrees to accept the aggregate sum of $225,000 which
  amounts will be paid in 26 bi-weekly installments beginning October 15,
  1997.  Hersly, at his option, may make a one time election to have up to
  four bi-weekly payments paid in advance as a lump sum.  If Hersly exercises
  this one time election, then payments will be suspended during the period
  of the paid advance.  Hersly will give at least one week's notice of such
  election.  Except as set forth hereinbelow, Hersly shall be entitled to no
  other cash payments for any reason whatsoever or based upon any claim
  whatsoever.  Hersly, or in the event of his death, his estate shall receive
  the $225,000 regardless of whether he resigns as "Senior Advisor" prior to
  January 10, 1998 or takes other employment, provided, however, that Hersly
  is not in breach of any of his other obligations hereunder.  If there is a
  change of control" of Chyron, then payment of any outstanding portion of the
  $225,000 due hereunder shall be accelerated and be paid within 30 days of
  the effective date of the change of "control".  For purposes of this
  paragraph, a change of "control" means either (i) a change or beneficial
  ownership of at least 50% of the common stock of Chyron; (i) a replacement
  of at least 75% of the Chyron Board of Directors; or (iii)a change of the
  CEO of Chyron.
  
  4. Benefits:  Hersly will continue to receive medical, dental, and
  disability benefits in accordance with the standard policies of Chyron for
  the shorter of September 25, 1998 or until Hersly has commenced other
  regular full time employment ("Benefit Period").  Chyron shall continue the
  existing life insurance policy on Hersly's life through the Benefit Period. 
  At the option of Hersly, Chyron shall transfer to him the term life
  insurance policy which presently is in existence without adjustment for any
  unexpired term.  Chyron shall make payment of premiums on insurance and
  other benefit plans on behalf of Hersly which comes due during such Benefit
  Period, provided, however, that Hersly is only entitled to pension benefits
  and to participate in the Chyron pension plan through the last date of his
  employment with Chyron, (i.e., no later than January 10, 1998 as provided
  in Paragraph 2 hereinabove).
  
  5. Office and Secretarial Assistance:  Chyron will furnish to Hersly a
  closed office, if available, and secretarial assistance through January 31,
  1998.  Hersly shall be allowed to retain, and Chyron will transfer title to
  Hersly of (i) the telecopy machine presently located in Hersly's residence;
  (ii) the laster printer presently located in Hersly's office; and (iii) a
  fully operational IBM compatible desk top computer.  Hersly shall return to
  Chyron the laptop computer that has been made available to him.
  
  6. Reference:  Chyron will give Hersly a positive reference.  Hersly
  expressly releases Chyron and waives any and all possible claims whether at
  law or at equity against Chyron, regarding or arising from any reference
  that is given pertaining to Hersly, except for any claim of defamation
  arising subsequent to the execution hereof.  Any reference will be
  consistent with the announcement dated September 23, 1997, from Edward
  Grebow to Chyron employees, a copy of which is attached hereto as Exhibit
  B.
  
  7. Stock Options:  The incentive stock options and non-incentive stock
  options that are to vest on July 25, 1998 are accelerated and shall vest
  effective September 26, 1997.  The one year period for exercise shall
  commence on the earlier of January 10, 1998, as the last date of Hersly's
  employment as a "Senior Advisor," or upon Hersly's earlier resignation from
  Chyron.  The provisions in paragraph 3(h) of the Employment Agreement
  between Hersly and Chyron shall continue in full force and effect, are
  incorporated herein by reference, and shall apply only to those options
  which were granted as non-incentive stock options.
  
  8. Representations and Warranties:  Hersly represents and warrants to the
  Company that: (a) Hersly is under no contractual or other restriction or
  obligation which is inconsistent with the execution of this Agreement, the
  performance of his duties hereunder, or the other rights of the Company
  hereunder; and (b) Hersly is under no physical or mental disability that
  would hinder his performance of duties under this Agreement.
  
  9. Non-Competition: (i) Hersly agrees that he will note: (a) during the
  period from the date of this Agreement through March 31, 1998, engage in,
  or otherwise directly or indirectly be employed by, or act as a consultant
  or lender to, or be a director, officer, employee, owner, member, or partner
  of, any other business or organization worldwide that is or shall then be
  competing, directly or indirectly, with Chyron, (b) during the period April
  1, 1998 though December 31, 1998, engage in, or otherwise directly or
  indirectly be employed by, or act as a consultant or lender to, or be a
  director, officer, employee, owner, member, or partner of, any other
  business or organization that is or shall then be a direct competitor of
  Chyron.  For purposes of this covenant, director competitors include:
  
  Collage           Leitch
  Tektronix         BTS - Philips
  SONY*             Louth Automation
  Pinnacle          Quantel
  
  (ii)    It is the intent of the parties to this Agreement that the provisions
  of this paragraph 9 shall be enforced to the fullest extent permissible
  under the laws and public policies applied in each jurisdiction in which
  enforcement is sought.  If any particular provisions or portions of this
  paragraph 9 shall be adjudicated to be invalid or unenforceable, such
  provisions or portion thereof shall be deemed amended to the minimum extent
  necessary to render such provision or portion valid and enforceable, such
  amendment to apply only with respect to the operation of such provisions or
  portions in the particular jurisdiction in which such adjudication is made.
  
  (iii)   The parties acknowledge that damages and remedies at law for any
  breach of this paragraph 9 and for following paragraphs 10, 11, and 12, will
  be adequate and that the Company shall be entitled to specific performance
  and other equitable remedies (including injunction) and such other relief
  as a court or tribunal may deem appropriate in addition to any other
  remedies the Company may have.
                                                               
  
  *Hersly may become employed by SONY as long as he does not, directly or
  indirectly, work or consult with the Broadcast or Professional systems
  operations, or any related operation or other SONY operation, whether
  organized as a subsidiary division, unit, group, or otherwise, that in any
  way competes, directly or indirectly with Chyron and only upon the further
  condition that Hersly (1) not divulge or utilize any Chyron confidential
  information and (2) first obtains approval from Chyron to take such
  employment, which approval shall not unreasonably be withheld.
  
  (iv)    The provisions of this paragraph 9 will not be deemed breached merely
  because Hersly owns not more than five percent (5.0%) of the outstanding
  common stock of a corporation, if, at the time of its acquisition by Hersly,
  such stock is listed on a national securities exchange, is reported on
  NASDAQ, or is regularly traded in over-the-counter market by a member of a
  national securities exchange.
  
  (v)     In the event that Chyron defaults in making the payments owned under
  this Agreement of $225,000 as provided for in Paragraph 3 hereinabove, which
  default is not cured upon 45 days written notice, then the non-compete
  obligations of Hersly in this Paragraph 9 shall become ineffective and not
  enforceable by Chyron.  This is in addition to all other remedies that
  Hersly might have by reason of such uncured default by Chyron.  Nothing,
  however, shall relieve Hersly of his obligations under Paragraph 11, 12, and
  13 regarding "Confidential Information", "Non-Solicitation" and "Release",
  respectively.
  
  10.     Patents: Copyrights:  Any interest in patents, patent applications,
  inventions, copyrights, developments, and processes ("Such Inventions")
  which Hersly now or hereafter during the period he is or has been employed
  by the Company may own or develop relating to the fields in which the
  Company was or is then engaged shall belong to the Company; and forthwith
  upon request of the Company, Hersly shall execute all such assignments and
  other documents and take all such other action as the Company may reasonably
  request in order to vest in the Company all his right, title, and interest
  in and to Such Inventions, free and clear of all liens, charges, and
  encumbrances.
  
  11.     Confidential and Company Information:  All confidential information
  which Hersly may now possess, or may obtain or create prior to the end of
  the period he is employed by the Company, relating to the business of the
  Company or of any employee , customer, or supplier of the Company shall not
  be published, knowingly disclosed, or knowingly made accessible by him to
  any other person, firm, or corporation during his continued employment or
  any time thereafter without the prior written consent of the Company. 
  Hersly shall return all books, records, papers, reports, materials, and
  information of Chyron, whether or not confidential, no matter how recorded
  or stored, including computer files, disks, and data storage of every
  description to the Company prior to or at the termination of his employment.
  
  12.     Non-Solicitation:  Hersly shall not during the term of his continued
  employment hereunder and thereafter through December 31, 1998 solicit,
  directly or indirectly any then employee of Chyron, including its wholly and
  partly owned subsidiaries, for employment on either a full-time, part-time
  or consulting basis and shall refrain from discussing other employment
  opportunities with any then Chyron employee which may benefit Hersly or his
  then employer.
  
  13.     Confidentiality of this Agreement:  Hersly agrees to keep this
  Agreement and the substance hereof strictly confidential and not to divulge
  it to any other person (other than his immediate family and his counsel) or
  entity, unless Chyron makes the Agreement public or if disclosure is
  required by reason of judicial process.
  
  14.     Release by Hersly:  HERSLY, who has had at least 21 days to review and
  consider this Agreement and who in connection herewith has consulted with
  counsel of his choice, for and in consideration of the payment made by
  CHYRON as set forth herein and other good and valuable consideration, hereby
  releases and forever discharges, and by this instrument does release and
  forever discharge CHYRON, its directors, officers , employees, and each of
  its divisions, affiliates and subsidiaries, and each of their respective
  present an former directors, officers, employees, trustees, agents,
  attorneys, insurers, parent corporations, subsidiaries, divisions, related
  and affiliated companies and entities, shareholders, representatives,
  predecessors, successors and assigns; (hereinafter collectively referred to
  as the 'RELEASED PARTIES") against all liabilities, claims, causes of
  action, charges, complaints, controversies , grievances, obligations, costs,
  losses, damages, injuries, attorneys' fees, and other legal responsibilities
  (collective referred to as "claims:) of any form whatsoever, including but
  not limited to any claims in law, equity, contract, tort or any claims
  arising under the Employment Agreement, the ADEA, Title VII, the Civil
  Rights Act, the CRA of 1991, the ADA, the FMLA, the FLSA, the NYHRL, the
  NYCHRL and/or any and all other federal, state or local statutes, laws,
  rules and regulations pertaining to employment, as well as any and all
  claims under state contract or common law or tort law whether known,
  unknown, unforeseen, unanticipated, unsuspected or latent which he, his
  heirs, executors, administrators, successors and assigns ever had, now have
  or hereafter can, shall or may have for upon or by reason of any matter,
  cause or thing whatsoever from the beginning of the world to the date of the
  execution of this Agreement.  Hersly further releases and waives any and all
  claims that might arise under this Agreement except for claims arising from
  breaches or defaults of Chyron under Paragraph 3, 4, and 7 ("Compensation",
  "Benefits", and "Stock Options" respectively).
  
  15.     Survival:  The covenants, agreements, representations, and warranties
  contained in or made pursuant to this Agreement shall survive Hersly's
  termination of employment, irrespective of any investigation made by or on
  behalf of any party.
          
  16.     Release by Chyron:  CHYRON, for the mutual covenants herein and other
  good and  valuable consideration hereby releases and forever discharges
  Hersly from any and all liabilities, claims, causes of action, charges,
  complaints, controversies, grievances, obligations, costs, losses, damages,
  injuries, attorneys' fees, and other legal responsibilities (collectively
  "claims") of any form whatsoever, including but not limited to any claims
  in law, equity, contract, tort from the beginning of the world to the date
  of this Agreement provided that such claims are now known to either the
  current Chairman of the Board (Michael Wellesley-Wesley) CEO (Grebow) or CFO
  (Lampe) of Chyron, and to the extent not known, all claims except for claims
  arising from discrimination, harassment, dishonesty or other wrongful
  conduct, intentional or otherwise, by Hersly, whether or not such claims are
  formally asserted against Chyron by a third party on account of any conduct
  by Hersly.
  
  17.     Modifications:  This Agreement sets forth the entire understanding of
  the parties with respect to the subject matter hereof, supersedes all
  existing agreements between them concerning such subject matter, and may be
  modified only by a written instrument duly executed by each party.
  
  18.     Notices:  Any notice or other communication required or permitted to
  be given hereunder shall be in writing and shall be delivered in person or
  mailed by certified mail, return receipt requested, or delivered against
  receipt to the party to whom it is to be given at the address of such party
  set forth in the preamble to this Agreement (or to such other address as the
  party shall have furnished in writing in accordance with the provisions of
  this Section 14).  In the case of a notice to the Company, a copy of such
  notice (which copy shall not constitute notice) shall be delivered to Camhy
  Karlinsky & Stein LLP, 1740 Broadway, 16th Floor, New York, New York 10019-
  4315, Attn: Daniel I. DeWolf, Esq.  Notice to the estate of Hersly shall be
  sufficient if addressed to Hersly as provided in this Section 14.  Any
  notice or other communication given by certified mail shall be deemed given
  at the time of certification thereof, except for a notice changing a party's
  address which be deemed given at the time of receipt thereof.
  
  19.     Waiver:  Any waiver by either party of a breach of any provision of
  this Agreement shall not operate as or be construed to be a waiver of any
  other breach of such provision or of any breach of any other provision of
  this Agreement.  The failure of a party to insist upon strict adherence to
  any term of this Agreement on one or more occasions shall not be considered
  a waiver or deprive that party of the right thereafter to insist upon strict
  adherence to that term of any other term of this Agreement.  Any waiver must
  be in writing.
  
  20.     Binding Effects:  Hersly's rights and obligations under this Agreement
  shall not be transferable by assignment or otherwise, such rights shall not
  be subject to encumbrance or the claims of Hersly's creditors, and any
  attempt to do any of the foregoing shall be void. Subject to the foregoing,
  the provisions of this Agreement shall be binding upon and inure to the
  benefit of Hersly and his heirs and personal representatives, and shall be
  binding upon and inure to the benefit of the company and its successors and
  its assigns. If Hersly shall die, all such amounts, unless otherwise
  provided herein, shall be paid in accordance with the terms of this
  Agreement to Hersly's devisee, legatee or other designee, or, if there be
  no such designee, to Hersly's estate.
  
  21.     Arbitration:  Any controversy or claim arising out of or relating to
  this Agreement or the breach thereof, shall be settled by arbitration in the
  City of New York in accordance with the laws of the State of New York by
  three arbitrators, one of whom shall be appointed by the Company, one by
  Hersly and the third of whom shall be appointed by the first two
  arbitrators.  If the first two arbitrators cannot agree on the appointment
  of a third arbitrator, then the third arbitrator shall be appointed by the
  Chief Judge of the United States Court of Appeals for the Second Circuit. 
  The arbitration shall be conducted in accordance with the rules of the
  American Arbitration Association, except with respect to the selection of
  arbitrators which shall be as provided in this Section 17.  Judgement upon
  the award rendered by the arbitrators may be entered in any court having
  jurisdiction thereof.  Nothing in this paragraph shall impair or impede the
  rights of Chyron to seek injunctive relief for violation of paragraphs 9,
  10, 11, or 12 and Chyron expressly reserves and does not waive such right
  to seek judicial redress for such purpose.
  
  22.     This Severance Agreement supersedes the Employment Agreement and that
  Agreement is of no further force or effect except as set forth hereinabove.
  
  23.     Headings:  The headings in this Agreement are solely for the
  convenience of reference and shall be given no effect in the construction
  or interpretation of this Agreement.
  
  24.     Counterparts: Governing Laws:  This Agreement may be executed in any
  number of counterparts, each of which shall be deemed an original, but all
  of which together shall constitute one and the same instrument.  It shall
  be governed by , and construed in accordance with, the laws of the State of
  New York, without given effect to the rules governing the conflicts of laws.
  
  IN WITNESS WHEREOF, the parties have duly executed this Severance Agreement
  as of the date first written above, except for all the release provisions
  which are executed this 30th day of October 1997.
    <PAGE>
  CHYRON CORPORATION
  
                                
  By: /s/ Edward Grebow
          Edward Grebow
  Chief Executive Officer
  
                                                                    
                     
  /s/ Isaac Hersly
      Isaac Hersly
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  

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