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**EMPLOYMENT      AGREEMENT**

**INTRODUCTION**

**1.           Definitions**

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**2.           Terms      and Conditions of Employment.**

**3.           Compensation.**

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**4.           Term.      Termination and Termination Payments.**

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**5.           Agreement      Not to Compete and Not to Solicit Customers.**

**6.           Agreement      Not to Solicit Employees.**

**7.           Ownership      and Protection of Proprietary Information.**

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*a.c.G.A. *

**8.           Inventions.**

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**9.           Copyrights.**

**10.   **
**Contracts      or Other Agreements with Former Employer or Business.**

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**11.           Remedies.**

**12.           No      Set-Off.**

**13.           Notice.**

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| If                to the Company:  | Theragenics                Corporation                           |
|------------------------------------|------------------------------------------------------------------|
|                               | 5203                Bristol Industrial Way Buford, Georgia 30518 |
|                               | Attn:                Chief Financial Officer                     |
|                               |                                                             |
| If                to the Employee: | The                most recent address that the Company          |
|                               | has                on file for the Employee.                     |

**14.           Miscellaneous.**

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|                                | THE                COMPANY:               |
|-------------------------------------|-------------------------------------------|
|                                |                                      |
|                                | GALT                MEDICAL CORP.         |
|                                |                                      |
|                                |                                      |
|                                |                                      |
|                                | By:                /s/ Bruce W. Smith     |
|                                |                                      |
|                                | Title:                Assistant Secretary |
|                                |                                      |
|                                |                                      |
| ATTEST:                             |                                      |
|                                |                                      |
| /s/                Lisa A. Rassel   |                                      |
|                                |                                      |
| Title:                Notary Public |                                      |
|                                |                                      |
|                                |                                      |
| (CORPORATE                SEAL)     |
|                                |                                      |
|                                |                                      |
|                                | THE                EMPLOYEE:              |
|                                |                                      |
|                                | /s/                Michael Lang           |

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**EXHIBIT      A**

**RELEASE      AGREEMENT**

| 1.     | The                effective date of this Agreement shall be the date on which Employee                signs                this Agreement ("the Effective Date"), at which time this Agreement                shall                be fully effective and enforceable. Employee has been offered twenty-one                (21) days from receipt of this Agreement within which to consider                this                Agreement. Employee understands that the Employee may sign this Agreement                at any time before the expiration of the twenty-one (21) day review.                To                the degree Employee chooses not to wait twenty-one (21) days to execute                this Agreement, it is because Employee freely and unilaterally chooses                to                execute this Agreement before that time. |
|--------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |
| 2.     | In                exchange for Employee's execution of this Agreement and in full and                complete settlement of any and all claims, the Employer will provide                Employee with the Severance Benefits.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          |
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |
| 3.     | The                release given by Employee in this Agreement is given solely in exchange                for the consideration set forth in this Agreement and such consideration                is in addition to anything of value that Employee was entitled to                receive                prior to entering into this Agreement.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |
|   | Employee                has been advised to consult an attorney prior to entering into this                Agreement.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   |
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |
|   | By                entering into this Agreement, Employee does not waive rights or claims                that may arise after the date this Agreement is                executed.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |

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| 4.     | This                Agreement shall in no way be construed as an admission by the Employer                that it has acted wrongfully with respect to Employee or any other                person                or that Employee has any rights whatsoever against the Employer.                The                Employer specifically disclaims any liability to or wrongful acts                against                Employee or any other person on the part of itself, its employees                or its                agents.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               |
|--------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      |
| 5.     | As                a material inducement to the Employer to enter into this Agreement,                Employee hereby irrevocably releases the Employer and each of the                owners,                stockholders, predecessors, successors, directors, officers, employees,                representatives, attorneys, and affiliates (and agents, directors,                officers, employees, representatives and attorneys of such affiliates)                of                the Employer, and all persons acting by, through, under or in concert                with                them (collectively "Releasees"), from any and all charges, claims,                liabilities, agreements, damages, causes of action, suits, costs,                losses,                debts and expenses (including attorneys' fees and costs actually                incurred)                of any nature whatsoever, known or unknown, including, but not limited                to,                rights arising out of alleged violations of any contracts, express                or                implied, any covenant of good faith and fair dealing, express or                implied,                or any tort, or any legal restrictions on the Employer's right to                terminate employees, or any federal, state or other governmental                statute,                regulation, or ordinance, including, without limitation: (1) Title                VII of                the Civil Rights Act of 1964, as amended by the Civil Rights Act                of 1991                (race, color, religion, sex, and national origin discrimination);                (2) the                Employee Retirement Income Security Act ("ERISA"); (3) 42 U.S.C.§ 1981                (discrimination); (4) the Americans with Disabilities Act (disability                discrimination); (5) the Equal Pay Act; (6) Executive Order 11246                (race,                color, religion, sex, and national origin discrimination); (7) Executive                Order 11141 (age discrimination); (8) Section 503 of the Rehabilitation                Act of 1973 (disability discrimination); (9) negligence; (10) negligent                hiring and/or negligent retention; (11) intentional or negligent                infliction of emotional distress or outrage; (12) defamation; (13)                interference with employment; (14) wrongful discharge; (15) invasion                of                privacy; or (16) violation of any other legal or contractual duty                arising                under the laws of the State of Georgia or the laws of the United                States                ("Claim" or "Claims"), which Employee now has, or claims to have,                or which                Employee at any time heretofore had, or claimed to have, or which                Employee                at any time hereinafter may have, or claim to have, against each                or any of                the Releasees, in each case as to acts or omissions by each or any                of the                Releasees occurring up to and including the Effective Date. Employee                covenants and agrees not to institute, or participate in any way                in anyone                else's actions involved in instituting any action against any of                the                Releasees with respect to any Claim released herein. |
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      |
|   | Notwithstanding                the foregoing, this Agreement shall not release any claims the Employee                has (i) to any unpaid benefits under any employee benefit plan (within                the                meaning of Section 3(3) of the Employee Retirement Income Security                Act of                1974, as amended ("ERISA"), (ii) to Employee's right to exercise                vested                stock options, if any, pursuant to any stock option agreements provided                by                the Employer to Employee, or (iii) under the Stock Purchase Agreement                (and                its exhibits) identified in the introduction to the Severance                Agreement.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |

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| 6.     | The                Employer and Employee agree that the terms of this Agreement shall                be                final and binding and that this Agreement shall be interpreted, enforced                and governed under the laws of the State of Georgia. The provisions                of                this Agreement can be severed, and if any part of this Agreement                is found                to be unenforceable, the remainder of this Agreement will continue                to be                valid and effective. |
|--------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |
| 7.     | This                Agreement sets forth the entire agreement between the Employer and                Employee and fully supersedes any and all prior agreements or                understandings, written and/or oral, between the Employer and Employee                pertaining to the subject matter of this Agreement.                                                                                                                                                                                                                            |
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |
| 8.     | Employee                is solely responsible for the payment of any fees incurred as the                result                of an attorney reviewing this                agreement.                                                                                                                                                                                                                                                                                                                                                                  |

**PLEASE      READ CAREFULLY. THIS AGREEMENT INCLUDES A RELEASE OF ALL KNOWN AND UNKNOWN      CLAIMS. YOU ARE STRONGLY ADVISED TO CONSULT WITH AN ATTORNEY BEFORE EXECUTING      THIS DOCUMENT.**

|   |   | EMPLOYEE                                                                                   |   |
|--------|--------|--------------------------------------------------------------------------------------------|--------|
|   |   |                                                                                       |   |
|   |   |                 |   |
|   |   | Print                Name                                                                  |   |
|   |   |                                                                                       |   |
|   |   |                                                                                       |   |
|   |   |                                                                                       |   |
|   |   |                                                                                  |   |
|   |   | Signature                                                                                  |   |
|   |   |                                                                                       |   |
|   |   |                                                                                       |   |
|   |   |                                                                                  |   |
|   |   | Date                Signed                                                                 |   |
|   |   |                                                                                       |   |
|   |   |                                                                                       |   |
|   |   | GALT                MEDICAL CORP.                                                          |   |
|   |   |                                                                                       |   |
|   |   | By:                _________________________                                               |   |
|   |   |                                                                                       |   |
|   |   | Title:                ________________________                                             |   |

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**EXHIBIT      B**

**RELEASE      AGREEMENT**

| 1.     | Employee                has been offered twenty-one (21) days from receipt of this Agreement                within which to consider this Agreement. The effective date of this                Agreement shall be the date eight (8) days after the date on which                Employee signs this Agreement ("the Effective Date"). For a period                of                seven (7) days following Employee's execution of this Agreement,                Employee                may revoke this Agreement, and this Agreement shall not become effective                or enforceable until such seven. (7) day period has expired. Employee                must                communicate the desire to revoke this Agreement in writing. Employee                understands that the Employee may sign the Agreement at any time                before                the expiration of the twenty-one (21) day review period. To the degree                Employee chooses not to wait twenty-one (21) days to execute this                Agreement, it is because Employee freely and unilaterally chooses                to                execute this Agreement before that time. Employee's signing of the                Agreement triggers the commencement of the seven (7) day revocation                period. |
|--------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |
| 2.     | In** **exchange                for Employee's execution of this Agreement and in full and complete                settlement of any and all claims, the Employer will provide Employee                with                the Severance Benefits.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         |
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |
| 3.     | Employee                acknowledges and agrees that this Agreement is in compliance with                the Age                Discrimination in Employment Act and the Older Workers Benefit Protection                Act and that the releases set forth in this Agreement shall be applicable,                without limitation, to any claims brought under these                Acts.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |
|   | The                release given by Employee in this Agreement is given solely in exchange                for the consideration set forth in this Agreement and such consideration                is in addition to anything of value that Employee was entitled to                receive                prior to entering into this                Agreement.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                |

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|   | Employee                has been advised to consult an attorney prior to entering into this                Agreement, and this provision of the Agreement satisfies the requirement                of the Older Workers Benefit Protection Act that Employee be so advised                in                writing.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                |
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|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                |
|   | By                entering into this Agreement, Employee does not waive rights or claims                that may arise after the date this Agreement is                executed.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                |
| 4.     | This                Agreement shall in no way be construed as an admission by the Employer                that it has acted wrongfully with respect to Employee or any other                person                or that Employee has any rights whatsoever against the Employer.                The                Employer specifically disclaims any liability to or wrongful acts                against                Employee or any other person on the part of itself, its employees                or its                agents.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         |
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                |
| 5.     | As                a material inducement to the Employer to enter into this Agreement,                Employee hereby irrevocably releases the Employer and each of the                owners,                stockholders, predecessors, successors, directors, officers, employees,                representatives, attorneys, and affiliates (and agents, directors,                officers, employees, representatives and attorneys of such affiliates)                of                the Employer, and all persons acting by, through, under or in concert                with                them (collectively "Releasees"), from any and all charges, claims,                liabilities, agreements, damages, causes of action, suits, costs,                losses,                debts and expenses (including attorneys' fees and costs actually                incurred)                of any nature whatsoever, known or unknown, including, but not limited                to,                rights arising out of alleged violations of any contracts, express                or                implied, any covenant of good faith and fair dealing, express or                implied,                or any tort, or any legal restrictions on the Employer's right to                terminate employees, or any federal, state or other governmental                statute,                regulation, or ordinance, including, without limitation: (1) Title                VII of                the Civil Rights Act of 1964, as amended by the Civil Rights Act                of 1991                (race, color, religion, sex, and national origin discrimination);                (2) the                Employee Retirement Income Security Act ("ERISA"); (3) 42 U.S.C.§ 1981                (discrimination); (4) the Americans with Disabilities Act (disability                discrimination); (5) the Age Discrimination in Employment Act; (6)                the                Older Workers Benefit Protection Act; (7) the Equal Pay Act; (8)                Executive                Order 11246 (race, color, religion, sex, and national origin                discrimination); (9) Executive Order 11141 (age discrimination);                (10)                Section 503 of the Rehabilitation Act of 1973 (disability discrimination);                (11) negligence; (12) negligent hiring and/or negligent retention;                (13)                intentional or negligent infliction of emotional distress or outrage;                (14)                defamation; (15) interference with employment; (16) wrongful discharge;                (17) invasion of privacy; or (18) violation of any other legal or                contractual duty arising under the laws of the State of Georgia or                the                laws of the United States ("Claim" or "Claims"), which Employee now                has,                or claims to have, or which Employee at any time heretofore had,                or                claimed to have, or which Employee at any time hereinafter may have,                or                claim to have, against each or any of the Releasees, in each case                as to                acts or omissions by each or any of the Releasees occurring up to                and                including the Effective Date. Employee covenants and agrees not to                institute, or participate in any way in anyone else's actions involved                in                instituting, any action against any of the Releasees with respect                to any                Claim released herein. |

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|   | Notwithstanding                the foregoing, this Agreement shall not release any claims the Employee                has (i) to any unpaid benefits under any employee benefit plan (within                the                meaning of Section 3(3) of the Employee Retirement Income Security                Act of                1974, as amended ("ERISA"), (ii) to Employee's right to exercise                vested                stock options, if any, pursuant to any stock option agreements provided                by                the Employer to Employee, or (iii) under the Stock Purchase Agreement                (and                its exhibits) identified in the introduction to the Severance                Agreement. |
|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   |
| 6.     | The                Employer and Employee agree that the terms of this Agreement shall                be                final and binding and that this Agreement shall be interpreted, enforced                and governed under the laws of the State of Georgia. The provisions                of                this Agreement can be severed, and if any part of this Agreement                is found                to be unenforceable, the remainder of this Agreement will continue                to be                valid and effective.                                                                                                                                                                                                |
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   |
| 7.     | This                Agreement sets forth the entire agreement between the Employer and                Employee and fully supersedes any and all prior agreements or                understandings, written and/or oral, between the Employer and Employee                pertaining to the subject matter of this Agreement.                                                                                                                                                                                                                                                                                                                                                                                                                           |
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   |
| 8.     | Employee                is solely responsible for the payment of any fees incurred as the                result                of an attorney reviewing this                agreement.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |

**PLEASE      READ CAREFULLY. THIS AGREEMENT INCLUDES A RELEASE OF ALL KNOWN AND UNKNOWN      CLAIMS. YOU ARE STRONGLY ADVISED TO CONSULT WITH AN ATTORNEY BEFORE EXECUTING      THIS DOCUMENT.**

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|   |   | EMPLOYEE                                          |   |
|--------|--------|---------------------------------------------------|--------|
|   |   |                                              |   |
|   |   |                                                   |   |
|   |   | Print                  Name                       |   |
|   |   |                                              |   |
|   |   |                                              |   |
|   |   |                                              |   |
|   |   |                                         |   |
|   |   | Signature                                         |   |
|   |   |                                              |   |
|   |   |                                              |   |
|   |   |                                         |   |
|   |   | Date                  Signed                      |   |
|   |   |                                              |   |
|   |   |                                              |   |
|   |   | GALT                  MEDICAL CORP.               |   |
|   |   |                                              |   |
|   |   | By:                  __________________________   |   |
|   |   |                                              |   |
|   |   | Title:                  _________________________ |   |

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**EXHIBIT      C**

**RELEASE      AGREEMENT**

| 1.     | Employee                has been offered forty-five (45) days from receipt of this Agreement                within which to consider this Agreement. The effective date of this                Agreement shall be the date eight (8) days after the date on which                Employee signs this Agreement ("the Effective Date"). For a period                of                seven (7) days following Employee's execution of this Agreement,                Employee                may revoke this Agreement, and this Agreement shall not become effective                or enforceable until such seven (7) day period has expired. Employee                must                communicate the desire to revoke this Agreement in writing. Employee                understands that the Employee may sign the Agreement at any time                before                the expiration of the forty-five (45) day review period. To the degree                Employee chooses not to wait forty-five (45) days to execute this                Agreement, it is because Employee freely and unilaterally chooses                to                execute this Agreement before that time. Employee's signing of the                Agreement triggers the commencement of the seven (7) day revocation                period. |
|--------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          |
| 2.     | In                exchange for Employee's execution of this Agreement and in full and                complete settlement of any and all claims, the Employer will provide                Employee with the Severance Benefits.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                |
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          |
| 3.     | Employee                acknowledges and agrees that this Agreement is in compliance with                the Age                Discrimination in Employment Act and the Older Workers Benefit Protection                Act and that the releases set forth in this Agreement shall be applicable,                without limitation, to any claims brought under these                Acts.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |

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|   | The                release given by Employee in this Agreement is given solely in exchange                for the consideration set forth in this Agreement and such consideration                is in addition to anything of value that Employee was entitled to                receive                prior to entering into this Agreement.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         |
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|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |
|   | Employee                has been advised to consult an attorney prior to entering into this                Agreement, and this provision of the Agreement satisfies the requirement                of the Older Workers Benefit Protection Act that Employee be so advised                in                writing.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |
|   | By                entering into this Agreement, Employee does not waive rights or claims                that may arise after the date this Agreement is                executed.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         |
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |
| 4.     | The                Employer has                _______________________________________________________________________________________________                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |
|   | **[Employer                to describe class, unit, or group of individuals covered by termination                program, any eligibility factors, and time limits applicable]**and                such employees comprise the "Decisional Unit." Attached as "Attachment                1"                to this Agreement is a list of ages and job titles of persons in                the                Decisional Unit who were and who were not selected for termination                and the                offer of consideration for signing the Agreement.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                |
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |
| 5.     | This                Agreement shall in no way be construed as an admission by the Employer                that it has acted wrongfully with respect to Employee or any other                person                or that Employee has any rights whatsoever against the Employer.                The                Employer specifically disclaims any liability to or wrongful acts                against                Employee or any other person on the part of itself, its employees                or its                agents.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              |
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |
| 6.     | As                a material inducement to the Employer to enter into this Agreement,                Employee hereby irrevocably releases the Employer and each of the                owners,                stockholders, predecessors, successors, directors, officers, employees,                representatives, attorneys, and affiliates (and agents, directors,                officers, employees, representatives and. attorneys of such affiliates)                of                the Employer, and all persons acting by, through, under or in concert                with                them (collectively "Releasees"), from any and all charges, claims,                liabilities, agreements, damages, causes of action, suits, costs,                losses,                debts and expenses (including attorneys' fees and costs actually                incurred)                of any nature whatsoever, known or unknown, including, but not limited                to,                rights arising out of alleged violations of any contracts, express                or                implied, any covenant of good faith and fair dealing, express or                implied,                or any tort, or any legal restrictions on the Employer's right to                terminate employees, or any federal, state or other governmental                statute,                regulation, or ordinance, including, without limitation: (1) Title                VII of                the Civil Rights Act of 1964, as amended by the Civil Rights Act                of 1991                (race, color, religion, sex, and national origin discrimination);                (2) the                Employee Retirement Income Security Act ("ERISA"); (3) 42 U.S.C.§ 1981                (discrimination); (4) the Americans with Disabilities Act (disability                discrimination); (5) the Age Discrimination in Employment Act; (6)                the                Older Workers Benefit Protection Act; (7) the Equal Pay Act; (8)                Executive                Order 11246 (race, color, religion, sex, and national origin                discrimination); (9) Executive Order 11141 (age discrimination);                (10)                Section 503 of the Rehabilitation Act. of 1973 (disability                discrimination); (11) negligence; (12) negligent hiring and/or negligent                retention; (13) intentional or negligent infliction of emotional                distress                or outrage; (14) defamation; (15) interference with employment; (16)                wrongful discharge; (17) invasion of privacy; or (18) violation of                any                other legal or contractual duty arising under the laws of the State                of                Georgia or the laws of the United States ("Claim" or "Claims"), which                Employee now has, or claims to have, or which Employee at any time                heretofore had, or claimed to have, or which Employee at any time                hereinafter may have, or claim to have, against each or any of the                Releasees, in each case as to acts or omissions by each or any of                the                Releasees occurring up to and including the Effective Date. Employee                covenants and agrees not to institute, or participate in any way                in anyone                else's actions involved in instituting, any action against any of                the                Releasees with respect to any Claim released                herein. |

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|   | Notwithstanding                the foregoing, this Agreement shall not release any claims the Employee                has (i) to any unpaid benefits under any employee benefit plan (within                the                meaning of Section 3(3) of the Employee Retirement Income Security                Act of                1974, as amended ("ERISA"), (ii) to Employee's right to exercise                vested                stock options, if any, pursuant to any stock option agreements provided                by                the Employer to Employee, or (iii) under the Stock Purchase Agreement                (and                its exhibits) identified in the introduction to the Severance                Agreement. |
|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   |
| 7.     | The                Employer and Employee agree that the terms of this Agreement shall                be                final and binding and that this Agreement shall be interpreted, enforced                and governed under the laws of the State of Georgia. The provisions                of                this Agreement can be severed, and if any part of this Agreement                is found                to be unenforceable, the remainder of this Agreement will continue                to be                valid and effective.                                                                                                                                                                                                |
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   |
| 8.     | This                Agreement sets forth the entire agreement between the Employer and                Employee and fully supersedes any and all prior agreements or                understandings, written and/or oral, between the Employer and Employee                pertaining to the subject matter of this Agreement.                                                                                                                                                                                                                                                                                                                                                                                                                           |
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   |
| 9.     | Employee                is solely responsible for the payment of any fees incurred as the                result                of an attorney reviewing this                agreement.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |

**PLEASE      READ CAREFULLY. THIS AGREEMENT INCLUDES A RELEASE OF ALL KNOWN AND UNKNOWN      CLAIMS. YOU ARE STRONGLY ADVISED TO CONSULT WITH AN ATTORNEY BEFORE EXECUTING      THIS DOCUMENT.**

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|   |   | EMPLOYEE                                          |   |
|--------|--------|---------------------------------------------------|--------|
|   |   |                                              |   |
|   |   |                                                   |   |
|   |   | Print                  Name                       |   |
|   |   |                                              |   |
|   |   |                                              |   |
|   |   |                                              |   |
|   |   |                                         |   |
|   |   | Signature                                         |   |
|   |   |                                              |   |
|   |   |                                              |   |
|   |   |                                         |   |
|   |   | Date                  Signed                      |   |
|   |   |                                              |   |
|   |   |                                              |   |
|   |   | GALT                  MEDICAL CORP.               |   |
|   |   |                                              |   |
|   |   | By:                  __________________________   |   |
|   |   |                                              |   |
|   |   | Title:                  _________________________ |   |

----

**ATTACHMENT      I**

**Employees      Comprising the "Decisional Unit"**

| **Job                Title:** | **Age:** | **Participating:** | **Not                Participating:** |
|-------------------------------|----------|--------------------|---------------------------------------|
|                          |     |               |                                  |
|                          |     |               |                                  |
|                          |     |               |                                  |
|                          |     |               |                                  |
|                          |     |               |                                  |
|                          |     |               |                                  |
|                          |     |               |                                  |
|                          |     |               |                                  |
|                          |     |               |                                  |
|                          |     |               |                                  |
|                          |     |               |                                  |
|                          |     |               |                                  |
|                          |     |               |                                  |
|                          |     |               |                                  |
|                          |     |               |                                  |
|                          |     |               |                                  |
|                          |     |               |                                  |
|                          |     |               |                                  |
|                          |     |               |                                  |
|                          |     |               |                                  |
|                          |     |               |                                  |
|                          |     |               |                                  |
|                          |     |               |                                  |
|                          |     |               |                                  |
|                          |     |               |                                  |
|                          |     |               |                                  |
|                          |     |               |                                  |
|                          |     |               |                                  |
|                          |     |               |                                  |
|                          |     |               |                                  |
|                          |     |               |                                  |
|                          |     |               |                                  |
|                          |     |               |                                  |
|                          |     |               |                                  |
|                          |     |               |                                  |
|                          |     |               |                                  |

----

**Exhibit      D**

**Inventions,      Patents and Copyrights**

| **1.** | **Previously                Conceived Inventions**                                                                                                                                                                                                                                                                                                                                                                                                                                                                                |
|--------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              |
|   | [DESCRIBE                ANY INVENTIONS WHICH THE EMPLOYEE DEVELOPED OR HAS AN OWNERSHIP INTEREST                IN. IF NONE, INSERT ''NONE''. _Note: With respect to any such Inventions                not described herein, the Company shall have a nonexclusive, paid                up,                royalty-free license to use and practice such Invention, including                a                license under all patents to issue in any country which pertain to                such                Invention.] |
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              |
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              |
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              |
| **2.** | **Patents**                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |
|   | [LIST                OR DESCRIBE ALL PATENTS WHICH THE EMPLOYEE OWNS INDIVIDUALLY, WITH                OTHERS,                OR FOR WHICH APPLICATIONS ARE PENDING. IF NONE, INSERT                ''NONE''.]                                                                                                                                                                                                                                                                                                                    |
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              |
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              |
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              |
| **3.** | **Copyrights**                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |
|   | [DESCRIBE                ANY WORKS FOR WHICH THE EMPLOYEE CLAIMS THE COPYRIGHT EITHER INDIVIDUALLY                OR WITH OTHERS. IF NONE, INSERT                ''NONE''.]                                                                                                                                                                                                                                                                                                                                                       |