EXHIBIT 10.61

                              EMPLOYMENT AGREEMENT

         THIS EMPLOYMENT AGREEMENT ("Agreement") is made and entered into
effective as of October 30, 2000 (the "Effective Date"), by and between
LASERSIGHT TECHNOLOGIES, INC., a Delaware corporation (the "Company"), and
CHRISTINE A. OLIVER, an individual residing in the State of Florida
("Executive").

                                    RECITALS

                  A.       Executive desires to be employed by the Company with
a title to be conferred immediately upon assuming the duties of the position for
which Executive is employed.

                  B.       The Company desires to employ Executive upon the
terms and conditions herein set forth.

         NOW, THEREFORE, the parties hereto agree as follows:

         1.       Employment of Executive.  Subject to the terms and conditions
                  -----------------------
of this Agreement, the Company hereby employs Executive, and Executive hereby
accepts such employment and agrees to perform the services specified herein.

         2.       Duties. Executive shall hold the title of and serve as Senior
                  ------
Vice President of Sales and Marketing of the Company and have authority and
responsibility in accordance with policies and practices of the Company.
Executive shall report to and be subject to the direction of the Company's
President and Chief Executive Officer or such person's designee. During the term
of employment hereunder, Executive shall:

                  (a)      Perform, to the best of Executive's ability, those
duties reasonably assigned to Executive from time to time;

                  (b)      Devote Executive's full time and first priority
         business efforts to the Company's business, provided that nothing
         herein shall prohibit Executive from spending reasonable amounts of
         time for personal affairs, including, without limitation, managing her
         personal investments; and

                  (c)      Carry out Company policies and directives in a manner
that will promote and develop the Company's best interests.

         3.       Base Salary. In consideration of Executive satisfying
                  -----------
Executive's obligation under this Agreement, Executive will receive a base
salary (the "Base Salary") which will be calculated at an annual rate of
$165,000. The Base Salary shall be payable in equal installments in accordance
with the Company's customary mode of salary payments for senior executives of
the Company (but not less than monthly) and shall be subject to the Company's
standard withholdings for applicable taxes and benefit contributions. On an
annual basis, the Company shall review Executive's Base Salary and determine if
any increase thereto shall be awarded.

<PAGE>

         4.       Additional Compensation.
                  -----------------------

                  (a)      The Company shall pay Executive a signing bonus of
         $10,000 (the "Signing Bonus"). The payment of the Signing Bonus shall
         be made with the payment of the Base Salary for the pay period
         immediately following the date after which both parties have executed
         this Agreement and shall be subject to the Company's standard
         withholdings for applicable taxes and benefit contributions.

                  (b)      For 2001 and annually thereafter Executive shall
         receive a cash bonus (the "Performance Bonus") in an aggregate amount
         of at least 25% of the Base Salary for the relevant year if Executive
         or the Company, as appropriate, meets all or a portion of the specific
         objectives (the "Performance Objectives") which are established by the
         Company after consultation with Executive. If Executive or the Company,
         as appropriate, meet only a portion of the Performance Objectives,
         then, unless otherwise agreed to by the parties, Executive shall
         receive that portion of the Performance Bonus that is reasonably
         determined by the Company to reflect fairly and appropriately the
         partial satisfaction of the Performance Objectives The Performance
         Objectives for 2001 will be established within 90 days after the
         Effective Date and the Performance Objectives for future years will be
         established at the same time such objectives are established for other
         senior executives. The Company may award all or the relevant portion of
         the Performance Bonus on an annual basis within 60 days after the end
         of the relevant year. The payment of the Performance Bonus shall be
         subject to the Company's standard withholdings for applicable taxes and
         benefit contributions.

         5.       Stock Options.
                  -------------

                  (a)      Executive will be granted options (the "Stock
         Options") to purchase 100,000 shares of common stock of LaserSight
         Incorporated ("LaserSight") on the last to occur of the following dates
         (such date to be referred to as the "Approval Date"): (i) the date on
         which LaserSight's Board of Directors approves the grant of the Stock
         Options, and (ii) the Effective Date. The Stock Options shall be
         granted pursuant to and shall be governed by the terms of LaserSight's
         1996 Equity Incentive Plan, as amended and restated (the "Equity
         Incentive Plan") and the award agreement attached hereto as Exhibit A.
         The Stock Options shall be granted at an option price per share equal
         to the Fair Market Value per share (as defined in the Equity Incentive
         Plan) on the Approval Date.

                  (b)      If this Agreement is terminated by Executive for
         Good Reason (as defined herein) or by the Company without Cause (as
         defined herein), then the Stock Options granted by this Section that
         have not previously vested will immediately and automatically become
         vested and Executive shall have sixty (60) days after the date of such
         termination to exercise any Stock Options that had not previously been
         exercised. If the Stock Options are not exercised on or before the
         sixtieth (60th) day following the date of termination, then such Stock
         Options shall terminate and be of no further force and effect.


<PAGE>

         6.       Fringe Benefits.  During the term of employment hereunder,
                  ---------------
Executive shall be entitled to those fringe benefits and perquisites set forth
on Exhibit B hereto.

         7.       Expenses. The Company shall reimburse Executive for
                  --------
reasonable costs and expenses, including, but not limited to, expenses for
travel, lodging and meals, incurred in connection with the performance of
Executive's duties hereunder. In order for Executive to be eligible for
reimbursement Executive shall comply with the Company's relevant policies,
procedures and guidelines established and implemented from time to time by the
Company.

         8.       Terms of Employment; Severance.
                  ------------------------------

                  (a)      The term of this Agreement shall begin on the date
         hereof and shall continue for the three year period immediately
         thereafter, unless sooner terminated as provided in this Section 8 (the
         "Initial Term"). Unless either party shall give notice of intent not to
         renew this Agreement to the other party at least 60 days prior to the
         end of the Initial Term or any Renewal Term (as defined herein), the
         term of this Agreement shall, on each such anniversary date, be
         automatically extended for successor terms of one year (each a "Renewal
         Term").

                  (b)      Notwithstanding the foregoing, Executive's
         employment hereunder may be terminated by the Company at any time for
         Cause. Company will provide written notice to Executive as to the
         nature of the for Cause termination and the effective date of such
         termination if not cured (if curable), which shall be no sooner than
         five (5) days after the date such notice is delivered to Executive.

                  (c)      Notwithstanding the foregoing, Executive's
         employment hereunder shall terminate in the event of Executive's death
         or Disability (as defined in Section 11).

                  (d)      Notwithstanding the foregoing, Executive's
         employment hereunder may be terminated by the Company at any time
         without Cause. Such termination shall be effective upon the Company
         providing written notice to Executive as to the effective date of
         termination.

                  (e)      Notwithstanding the foregoing, Executive's
         employment hereunder may be terminated by Executive at any time for
         Good Reason (as defined in Section 11) upon prior written notice to the
         Company specifying therein the grounds for termination and the
         effective date of termination.

                  (f)      In addition to all other rights of Executive and
         obligations of the Company described herein which arise or continue
         upon termination of Executive's employment, the following shall apply:

                           (i)     Upon termination of Executive's employment
                  hereunder for any reason whatsoever, the Company shall pay to
                  Executive all salary and benefits earned through the effective
                  date of termination, including, without limitation, any earned

<PAGE>

                  Performance Bonus that is prorated to reflect a partial
                  calendar year, if applicable.

                           (ii)    If Executive's employment hereunder is
                  terminated by the Company without Cause or by Executive for
                  Good Reason, then, as Executive's sole remedy for such
                  termination, for the 12 month period immediately following the
                  effective date of such termination the Base Salary shall be
                  paid to Executive and the Company shall continue to provide
                  health insurance coverage for Executive and Executive's family
                  on a basis consistent with other then employed similarly
                  situated senior executives. If Executive's employment is
                  terminated by the Company without Cause or by Executive for
                  Good Reason, then all Base Salary and Performance Bonus, as
                  applicable, owed to Executive shall be paid over the relevant
                  period of time in accordance with the Company's normal payroll
                  practices. Notwithstanding the foregoing, in order to be
                  eligible for the payments contemplated by this Section
                  8(f)(ii), Executive shall deliver a complete release of all
                  claims in favor of the Company and in a form satisfactory to
                  the Company.

                  Except as specifically provided herein, all amounts payable
         pursuant to this Section 8(f) shall be paid without reduction
         regardless of any amounts of salary, compensation or other amounts
         which may be paid or payable to Executive from any source; provided
         that the Company shall be permitted to make all payments pursuant to
         this Agreement net of any legally required tax withholdings. Executive
         shall not be required to seek other employment, and there shall be no
         offset to amounts due hereunder as a result of any salary, compensation
         or other amounts Executive may be paid from other sources.

         9.       Restriction Against Competition.
                  -------------------------------

                  (a)      In consideration of the Compensation to be received
         hereunder, Executive agrees that while Executive is employed by the
         Company pursuant to this Agreement, and during the two year period
         following the effective date of termination of this Agreement, for any
         reason, Executive shall not, directly or indirectly, as a stockholder,
         partner, officer, director, agent, consultant, employee, or otherwise:

                           (i)     engage in any business that competes with
                  the business of the Company ("Company" defined in Sections 9,
                  10 and 11(b) herein to mean all Subsidiaries, Affiliates,
                  divisions, successors, and assigns of the Company and any of
                  their Subsidiaries or Affiliates) anywhere within the United
                  States and such other countries that the Company is then
                  conducting its business; provided, however, that the foregoing
                  shall not prohibit Executive's ownership of up to 1% of the
                  outstanding shares of capital stock of any corporation whose
                  securities are publicly traded on a national or regional stock
                  exchange or on the over-the-counter market;

                           (ii)    purposefully interfere or attempt to
                  interfere with any of the Company's contracts (regardless of
                  whether these contracts are in writing or verbal) or business
                  relationships or advantages existing and in effect as of the
                  effective date of termination of this Agreement;

<PAGE>

                           (iii)   solicit for employment, either directly or
                  indirectly, for himself or for another, any of the technical
                  or professional employees who are or were employed by the
                  Company during the two-year period following the termination
                  of this Agreement; and

                           (iv)    purposefully interfere with the business
                  relationship of or solicit the business or orders of Persons
                  (a) who are Company customers on the effective date of
                  termination of this Agreement, or one year prior thereto, or
                  (b) a prospective or potential customer of the Company, except
                  that with respect to the two-year period following the
                  effective date of termination of this Agreement, such
                  restriction shall apply only to prospective or potential
                  customers (1) to whom the Company has submitted a formal
                  quotation within the one year prior to the effective date of
                  termination of this Agreement, or (2) that have been
                  previously listed or identified by the Company as a business
                  prospect at any time during the six months preceding the
                  effective date of termination.

                  (b)      Notwithstanding the foregoing, if the Company
         terminates this Agreement without Cause or Executive terminates this
         Agreement for Good Reason, then the restrictions contained in Section
         9(a) will only be in effect for the 12 month period immediately
         following such termination unless within 90 days following such
         termination the Company notifies Executive that the Company will
         continue to pay Executive the Base Salary and provide Executive with
         health insurance coverage for Executive and Executive's family for an
         additional 12 month period. If the Company makes such payments and
         provides such insurance then the restrictions contained in Section 9(a)
         will be in effect for the two year period immediately following such
         termination. If at any time during such 12 or 24 month period, as
         applicable, the Company fails to pay the required Base Salary or
         provide the required health insurance coverage then the restrictions
         contained in Section 9(a) shall no longer apply.

                  (c)      The parties agree that if Executive commits or
         threatens to commit a breach of the covenants of this Section 9, the
         Company shall have the right to seek and obtain all appropriate
         injunctive and other equitable remedies therefor, in addition to any
         other rights and remedies that may be available at law, it being
         acknowledged and agreed that any such breach would cause irreparable
         injury to the parties and that money damages may not provide an
         adequate remedy therefor.

         10.      Protection of Confidential Information and Trade Secrets of
                  -----------------------------------------------------------
 the Company.
 ------------
                  (a)      Confidentiality. During the term of this Agreement
                           ---------------
         and for a period of five years after any termination or expiration
         thereof, Executive agrees that Executive will not divulge or convey to
         others any secret or confidential information, knowledge or data of the
         Company obtained by Executive during her employment with the Company.
         Such information, knowledge or data includes but is not limited to
         secret or confidential matters: (i) of a technical nature such as, but
         not limited to, methods, know-how, formulae, compositions, processes,
         discoveries, machines, inventions, intellectual property, computer
         programs and similar items or research projects; (ii) of a business

<PAGE>

         nature such as, but not limited to, information about the cost,
         purchasing, profits, markets, sales or customers; and (iii) pertaining
         to future developments such as, but not limited to, research and
         development, future marketing or merchandising plans and future
         expansion plans. The term "secret or confidential information,
         knowledge or data" shall not be deemed to include information that is
         published, information that is generally known throughout the industry,
         or which generally is available to the industry without restriction
         through no fault of Executive.

                  (b)      Injunctive Relief. Executive agrees that the
                           -----------------
         Company's remedies at law for any breach or threat of breach by him of
         the provisions of paragraph (a) of this Section 10 will be inadequate,
         and that the Company shall be entitled to an injunction or injunctions
         to prevent breaches of the provisions of paragraph (a) of this Section
         10 and to enforce specifically the terms and provisions thereof, in
         addition to any other remedy to which the Company may be entitled at
         law or equity.

                  (c)      Return of Documents and Other Property. Upon the
                           --------------------------------------
         termination of Executive's employment with the Company, or at any time
         upon the request of the Company, Executive shall deliver to the Company
         (i) all documents and materials containing secret or confidential
         information, knowledge or data relating to the Company's business and
         affairs, and (ii) all documents, materials and other property belonging
         to the Company, which in either case are in the possession or under the
         control of Executive.

                  (d)      Intellectual Property Rights. Executive
                           ----------------------------
         acknowledges and agrees that in consideration for her employment with
         Company and in exchange for the consideration to be paid to Executive
         in connection with such employment, all creative works Executive
         produces in connection with her employment by Company which relate to
         Company's actual or demonstrably anticipated research or development,
         including, without limitation, any invention, formula, pattern,
         compilation, computer program (and related documentation and source
         code), device, method, technique, drawing, process or other
         intellectual property or property right (collectively, "Intellectual
         Property"), shall be considered to have been prepared for Company as a
         part of and pursuant to Executive's employment with Company. Executive
         shall disclose to Company the existence of such Intellectual Property
         when Executive becomes aware of its existence, and Executive agrees
         that any such Intellectual Property shall be owned by Company
         regardless of whether it would otherwise be considered a work made for
         hire. Executive agrees to execute any documents which Company deems
         necessary to protect Company's interest, including assignments, and
         further agrees to give evidence and testimony and take any other
         reasonable actions as may be necessary, to secure and enforce Company's
         rights.

                  Notwithstanding anything set forth in this Section 10(d) to
         the contrary, the parties acknowledge and agree that any Intellectual
         Property that Executive (i) has developed or was in the process of
         developing prior to the Effective Date or which Executive develops
         during the Term, and (ii) has not used any of Company's resources
         (whether materials, equipment, supplies, or other employees,
         contractors or consultants of Company) in connection with such

<PAGE>

         development, shall be owned by Executive (the "Executive Intellectual
         Property"); provided, however, Executive shall promptly notify (the
         "Development Notice") Company of the existence of such Executive
         Intellectual Property. The Development Notice shall completely describe
         Executive Intellectual Property and the applications for such Executive
         Intellectual Property. If within 30 days after Company's receipt of the
         Development Notice Company notifies Executive that Company would like
         to purchase or license the item of Executive Intellectual Property
         which is the subject of the Development Notice, then Company and
         Executive shall negotiate in good faith for the purchase or license of
         such item of Executive Intellectual Property. Executive agrees that
         Executive will not directly or indirectly disclose the existence of
         Executive Intellectual Property to any third party unless Company
         either notifies Executive in writing that Company does not elect to
         purchase or license Executive Intellectual Property or Company fails to
         notify Executive of its intent with regard to the purchase or license
         of Executive Intellectual Property within 30 days after the date of
         Company's receipt of the Development Notice.

         11.      Certain Defined Terms.  For purposes of this Agreement, the
                  ---------------------
following definitions shall apply:

                  (a)      "Affiliate" shall mean with respect to any Person,
                            ---------
         (i) any Person which directly, or indirectly through one or more
         intermediaries, controls, or is controlled by, or is under common
         control with, such Person or (ii) any Person who is a director or
         Executive officer (A) of such Person, (B) of any Subsidiary of such
         Person, or (C) of any Person described in the foregoing clause (i). For
         purposes of this definition, "control" of a Person shall mean the
         power, direct or indirect, (i) to vote or direct the voting of more
         than 20% of the outstanding voting securities of such Person, or (ii)
         to direct or cause the direction of the management and policies of such
         Person, whether by contract or otherwise.

                  (b)      "Cause" shall mean any of the following:
                            -----

                           (i)     Executive's conviction of or plea of no
                  contest to any crime involving moral turpitude, the theft or
                  willful destruction of money or other property of the Company
                  or her conviction of or plea of no contest to any felony
                  crime;

                           (ii)    Executive's inability to perform her
         responsibilities due to her abuse or misuse of alcohol or prescribed
         drugs or any use of illegal drugs;

                           (iii)   Executive's commission of theft, embezzlement
         or fraud against the Company;

                           (iv)    Executive has willfully and materially
         damaged the Company's property, business reputation, or good will;

                           (v)     Executive's incompetence, deliberate
                  neglect of duty or material breach of this Agreement that is
                  not cured within 30 days after Executive is notified of such
                  incompetence, neglect or breach; or
<PAGE>

                           (vi)    Executive's continued insubordination or
                  other material misconduct that is reasonably determined by the
                  Company and is not cured within 30 days after Executive is
                  notified of such insubordination or material misconduct,
                  provided that if Executive receives notice of insubordination
                  or material misconduct and cures such insubordination or
                  misconduct then Executive will not be able to cure future acts
                  of insubordination or material misconduct and the Company can
                  immediately terminate this Agreement upon the occurrence of
                  such future acts of insubordination or material misconduct.

                  (c)      "Change in Control" shall mean any one or more of the
                            -----------------
                  following:

                           (i)     the acquisition or holding by any person,
                  entity or "group" (within the meaning of Section 13(d)(3) or
                  14(d)(2) of the Securities Exchange Act of 1934) (the "1934
                  Act"), other than by LaserSight or any employee benefit plan
                  of LaserSight, or beneficial ownership (within the meaning of
                  Securities and Exchange Commission ("SEC") Rule 13d-3 under
                  the 1934 Act) of 25% or more of LaserSight's then outstanding
                  common stock; provided, however, that no Change in Control
                  shall occur solely by reason of any such acquisition by a
                  corporation with respect to which, after such acquisition more
                  than 60% of the then-outstanding common shares of such
                  corporation are then beneficially owned, directly or
                  indirectly, by the persons who were the beneficial owners of
                  LaserSight's common stock immediately before such acquisition
                  in substantially the same proportions as their respective
                  ownership, immediately before such acquisition, of
                  LaserSight's then-outstanding common stock; or

                           (ii)    individuals who, as of the date of this
                  Agreement constitute LaserSight's Board of Directors (the
                  "Incumbent Board") cease for any reason to constitute at least
                  a majority of LaserSight's Board of Directors; provided that
                  any individual who becomes a director after the date of this
                  Agreement whose election or nomination for election by the
                  stockholders of LaserSight was approved by at least a majority
                  of the Incumbent Board (other than an election or nomination
                  of an individual whose initial assumption of office is in
                  connection with an actual or threatened election contest (as
                  such terms are used in SEC Rule 14a-11 under the 1934 Act)
                  relating to the election of the directors of the Company)
                  shall be deemed to be a member of the Incumbent Board; or

                           (iii)   approval by the stockholders of LaserSight
                  of (A) a merger, reorganization or consolidation
                  ("Transaction") with respect to which persons who were the
                  respective beneficial owners of LaserSight's common stock
                  immediately before the Transaction do not, immediately
                  thereafter, beneficially own, directly or indirectly, more
                  than 60% of the then-outstanding common shares of the
                  corporation resulting from the Transaction, (B) a liquidation
                  or dissolution of LaserSight or (C) the sale or other
                  disposition of all or substantially all of the assets of
                  LaserSight.
<PAGE>

         Notwithstanding the foregoing, a Change in Control shall not be deemed
         to have occurred if Executive is, by agreement or understanding
         (written or otherwise), a participant on her own behalf in a
         transaction that causes the Change of Control to occur.

                  (d)      "Compensation" shall mean, with respect to any
                            ------------
         Person, all payments and accruals, if any, commonly considered to be
         compensation, including, without limitation, all wages, salary,
         deferred payment arrangements, bonus payments and accruals, profit
         sharing arrangements, payments in respect of equity options or phantom
         equity options or similar arrangements, equity appreciation rights or
         similar rights, incentive payments, pension or employment benefit
         contributions or similar payments, made to or accrued for the account
         of such Person or otherwise for the direct or indirect benefit of such
         Person, plus auto benefits provided to such Person, if any.

                  (e)      "Disability" shall mean the inability, by reason of
                           -----------
         illness or other incapacity, of Executive substantially to perform the
         duties of her then regular employment with the Company, which inability
         is reasonably determined by the Company and continues for at least 90
         consecutive days, or for shorter periods aggregating 120 days during
         any consecutive twelve-month period.

                  (f)      "Good Reason" shall mean:
                            -----------

                           (i)     any material breach or default by the
                  Company of any material obligation under this Agreement that
                  is not cured within thirty (30) days after the Company is
                  notified of such breach;

                           (ii)    any material change in the duties to be
                  performed or titles to be held by Executive or a change in
                  Executive's direct reporting relationship to the Company's
                  Chief Executive Officer pursuant hereto either (A) within the
                  twelve (12) month period immediately after a Change in
                  Control, or (B) without Executive's prior written consent,
                  which consent may be withheld for any reason or for no reason;

                           (iii)   any change in the metropolitan area where
                  Executive is required to perform the duties set forth herein
                  which occurs either (A) within the twelve (12) month period
                  immediately after a Change in Control, or (B) without
                  Executive's consent; which consent may be withheld for any
                  reason or for no reason; or

                           (iv)    any material reduction in Executive's salary,
                  benefits, bonuses or other Compensation pursuant to this
                  Agreement.

                  (g)      "Person" shall mean an individual or a corporation,
         association, partnership, joint venture, organization, business,
         individual, trust, or any other entity or organization, including a
         government or any subdivision or agency thereof.

                  (h)      "Subsidiary" shall mean as to any Person a
         corporation, partnership or other entity of which 25% or more of the

<PAGE>

         outstanding shares of voting stock or other equity ownership are at the
         time owned, directly or indirectly through one or more intermediaries,
         or both, by such Person and shall include any such entity which becomes
         a Subsidiary of such Person after the date hereof. Consolidated
         Subsidiary shall mean any Subsidiary of which 51% or more of the
         outstanding shares or voting stock or other equity ownership are at the
         time owned, directly or indirectly through one or more intermediaries,
         or both, by such Person and shall include any such entity which becomes
         a Subsidiary of such Person after the date hereof.

         12.      Payments. Except as specifically provided herein, all
                  --------
amounts payable pursuant to this Agreement shall be paid without reduction
regardless of any amounts of salary, compensation or other amounts which may be
paid or payable to Executive from any source or which Executive could have
obtained upon seeking other employment; provided that the Company shall be
permitted to make all payments pursuant to this Agreement net of any legally
required tax withholdings.

         13.      Expenses.  In the event of any litigation between the parties
                  --------
relating to this Agreement and their rights hereunder, the prevailing party
shall be entitled to recover all litigation costs and reasonable attorneys' fees
and expenses from the non-prevailing party.

         14.      Entire Agreement.  This Agreement comprises the entire
                  ----------------
agreement between the parties hereto and as of the date of this contract,
supersedes, cancels and annuls any and all prior agreements between the parties
hereto with respect to Executive's employment by the Company.

         15.      Severability. If all or any part of this Agreement is
                  ------------
declared by any court or governmental authority to be unlawful or invalid, such
unlawfulness or invalidity shall not serve to invalidate any portion of this
Agreement not declared to be unlawful or invalid. Any portion so declared to be
unlawful or invalid shall, if possible, be construed in a manner that will give
effect to the terms of such portion to the fullest extent possible while
remaining lawful and valid.

         16.      Successors and Assigns. This Agreement shall be binding
                  ----------------------
upon, and inure to the benefit of the parties hereto and their respective heirs,
successors, assigns and personal representatives. The Company may assign this
Agreement to any successor or assignee to its business without the written
consent of Executive. Executive may not assign, pledge, or encumber her interest
in this Agreement, or any part thereof, without the written consent of the
Company.

         17.      Notices. Any notice required or permitted pursuant to the
                  -------
provisions of this Agreement shall be deemed to have been properly given if in
writing and when received by certified or registered United States mail, postage
prepaid, by overnight courier, telecopy or when personally delivered, addressed
as follows:

<PAGE>

                  If to the Company:

                           LaserSight Technologies, Inc.
                           3300 University Boulevard
                           Suite 140
                           Winter Park, Florida  32792
                           Attn:  President
                           Fax No.: 407-678-9982

                  If to Executive:

                           Christine A. Oliver
                           2163 Wembley Place
                           Oviedo, Florida  32765

Each party shall be entitled to specify a different address for the receipt of
subsequent notices by giving written notice thereof to the other party in
accordance with this Section. Telecopy notices must be followed up with the
original by certified mail, postmarked within one business day of the date of
the telecopy.

         18.      Amendments and Waivers. Any provision of this Agreement may be
                  ----------------------
amended or waived only with the prior written consent of the Company and
Executive. No failure or delay on the part of either party to this Agreement in
the exercise of any power or right, and no course of dealing between the parties
hereto, shall operate as a waiver of such power or right, nor shall any single
or partial exercise of any power or right preclude any further or other exercise
thereof or the exercise of any other power or right. The remedies provided for
herein are cumulative and not exclusive of any remedies which may be available
to either party at law or in equity. Any waiver of any provision of this
Agreement, and any consent to any departure by either party from the terms of
any provision hereof, shall be effective only in the specific instance and for
the specific purpose for which given. Nothing contained in this Agreement and no
action or waiver by any party hereto shall be construed to permit any violation
of any other provision of this Agreement or any other document or operate as a
waiver by such party of any of her or its rights under any other provision of
this Agreement or any other document.

         19.      Controlling Law. This Agreement shall be construed in
                  ---------------
accordance with the laws of the State of Florida, except for its choice of law
provisions. The parties do hereby irrevocably submit themselves to the personal
jurisdiction of the United States Federal Court for the Middle District of
Florida and do hereby irrevocably agree to service of such Court's process on
them.

         20.      Headings.  Section headings herein are for convenience only
                  --------
and shall not affect the meaning or interpretation of the contents hereof.

         21.      Counterparts.  This Agreement may be executed in counterparts,
                  ------------
each of which is deemed to be an original and all of which taken together
constitute one and the same agreement.


<PAGE>

         IN WITNESS WHEREOF, the Company has caused this Agreement to be
executed on its behalf by a duly authorized officer and Executive has executed
this Agreement, all as of the first day and year written above.


                           LASERSIGHT TECHNOLOGIES, INC.





                           By:  /s/Michael R. Farris
                               -------------------------------------
                           Title:  Chief Executive Officer
                               -------------------------------------

                           EXECUTIVE

                             /s/Christine A. Oliver
                           -----------------------------------------
                                Christine A. Oliver



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                                    EXHIBIT B
                                    ---------

                                 Fringe Benefits

                                  See Attached


        The following is a brief summary of benefits offered to Executive by the
Company. Reference should be made to the benefits package supplied by the
Company for a full explanation of each benefit. Each benefit described herein is
subject to the terms, qualifications, limitations and conditions of the
Company's benefit programs, as amended from time to time, and benefits may be
changed, modified, terminated, increased or decreased from time to time. In
order for Executive to be eligible for certain Company benefits Executive may be
required to make the contributions required by such benefit plans.

         1.       Health insurance for Executive and family.
         2.       Disability insurance for Executive.
         3.       Life insurance for Executive.
         4.       Ability to participate in the Company's 401(k) Plan.
         5.       $500 per month car allowance.