**Exhibit10.23**

[FP Technology, Inc.Letterhead]

March 30, 2006

Carol Ferrari Gerbetz167 Parker StreetMaynard, MA  01754

Dear Carol:

It has been a pleasuretalking with you about the Vice President of Marketing position at FPTechnology Inc. and we are thrilled that you have decided to join our team.  The following outlines the position we havediscussed:

**The Position**Your title will be Vice President of Marketing.  Your expected start date will be Monday, April24, 2006.  You will report to Bill Santo.

**Cash Compensation**The base salary for the position is $7,500.00 persemi-monthly pay period. This equates to an annual rate of $180,000.00.  In the event a program exists, you will beeligible to participate in our incentive/bonus program for FY2007.

**Stock Grants**You will be granted twenty thousand shares (20,000) ofrestricted common stock or options to acquire twenty thousand shares (20,000) ofthe common stock of FP Technology Inc. (FPTK.QB: NASDAQ) at the Board’sdiscretion pursuant to a vesting schedule and Employee Stock AcquisitionProgram to be determined by the Board of Directors of the company.

**Benefit Programs**As a FP Technology Inc. employee you will be eligible to participatein the Company’s 401K, medical, dental, disability, and life insurance benefitprograms.  Your vacation allowance willbe 15 days annually.  Summaries of theseplans will be included in the new hire packet that you will receive uponsigning this offer of employment and returning the offer materials.

If after 12 (twelve) monthsof consecutive employment your employment is terminated by FP Technology Inc.for any reason other than cause as defined in the Employee handbook you will beentitled to 3 (three) months severance pay payable in regularly scheduledpayroll periods.

**Work Location**Your primary work location will be Newton, Massachusetts

**Conditions**Also enclosed is a copy of our employee agreement regardinginventions, confidentiality and non-competition.  This offer is conditional on your executingthe agreement and on 

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your being able to supplyproof of your eligibility to work in the United States (Form 1-9).

To indicate youracceptance of this offer, please sign and date this letter in the spaceprovided and return it along with a fully executed copy of the EmployeeAgreement Regarding Inventions, Confidentiality and Non-Competition.  A duplicate original is enclosed for yourrecords.

This letter along withthe above-mentioned agreement relating to proprietary rights between you andthe company set forth the terms of your employment with the Company andsupersede any prior representations or agreements, whether written or oral.  This letter may not be modified or amendedexcept by written agreement signed by you and myself.

FP Technology Inc. reservesthe right to withdraw this offer of employment if not accepted by you inwriting by the close of business Friday, April 14, 2006 or if anyrepresentations by you cannot be verified.  This offer becomes valid upon FP TechnologyInc.’s acceptance of the signed offer letter.

It is recognized thatthis offer of employment is not intended to create a contract of employment andboth FP Technology Inc. and you retain the right to terminate the employmentrelationship at any time without cause.

Sincerely,

 

 

William R. SantoCEO

The undersigned acceptsthe above employment offer, agrees that it contains the terms of employmentwith FP Technology Inc, and that there are no other terms, expressed orimplied.  By accepting this offer ofemployment, the undersigned is acknowledging that no prior employmentobligations or other contractual restrictions exist which preclude employmentwith FP Technology Inc.  It is furtherunderstood that this offer is confidential and disclosure outside of yourfamily or financial, accounting, and/or legal advisers may result intermination of employment or withdrawal of this offer.
| Accepted:               |   |   |
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| Carol Ferrari  Gerbetz  |   | Date   |
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| Social Security  Number |   |   |

 

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