SEPARATION, SEVERANCE

                          AND GENERAL RELEASE AGREEMENT


     THIS AGREEMENT is entered into by and between AVI ITZHAKOV, the undersigned
employee  ("Employee") and SCHICK TECHNOLOGIES,  INC. ("Employer" or "Company"),
as of the 20th day of August,  1999.  (The  Employee and Employer are  sometimes
collectively referred to herein as the "parties.")

     WHEREAS, the Board of Directors of the Company has determined that it is in
the  Company's  best  interest to enter into this  Agreement  and that the terms
hereof  constitute  a full and  complete  resolution  of all issues and  matters
outstanding between the parties;

     NOW THEREFORE,  in consideration  of the premises,  of the mutual covenants
herein contained, and for other good and valuable consideration, the receipt and
sufficiency  of which are  hereby  acknowledged,  the  parties  hereby  agree as
follows :

     The  parties  hereby  knowingly  and  voluntarily  agree to enter into this
Separation,  Severance and General Release  Agreement (the "Agreement") in order
to  resolve  any and all  outstanding  issues  and to set forth all  obligations
between the  parties.  Employee  and  Employer  acknowledge  and agree that this
Agreement constitutes the sole obligations of each to the other,  supersedes all
previous  agreements and/or promises and that no other promises,  commitments or
representations have been made with or by either of the parties to the other.

     Employee's  employment  with  Employer will cease as of 5:00 p.m. on August
20,  1999  (the  "Termination   Date").  In  consideration  for  executing  this
Agreement, Employee will receive the following :

(a)  Continued  payment of his current  salary,  in the gross  annual  amount of
     $130,000,  minus applicable  payroll  deductions,  for a period of one year
     following the Termination  Date. Said payments shall be made by Employer to
     Employee  in  equal  bi-weekly  increments,  on  the  dates  on  which  the
     Employer's company payroll is regularly paid;

(b)  Continued  receipt  of the  following  benefits  on the same terms by which
     Employee  currently  receives  those  benefits  from Employer : (i) medical
     insurance  and dental  insurance,  for a period of one year  following  the
     termination  Date;  and (ii)  automobile  lease  (including  the  continued
     payment by Employer of auto  insurance in  connection  with said lease) for
     the  remaining  term  of  said  lease.  In the  event  that  the  terms  or
     availability  of any of the foregoing  benefits (with the sole exception of
     the automobile lease -- including the payment by Employer of auto insurance
     in  connection  with  said  lease)  are  changed,  modified  or  terminated
     generally  for all Company  employees or


                                                                            p. 1
Itzhakov Separation, Severance and General Release Agreement
<PAGE>


     for a majority of said  employees,  then the terms of those benefits may be
     changed,  modified  or  terminated  accordingly  by  Employer,  at its sole
     option,  with respect to the benefits  conferred  upon Employee  hereunder.
     Furthermore,  in the  event  that  Employee  obtains  any of the  foregoing
     benefits from a third party (such as a new employer), then Employer, at its
     sole option,  may immediately  cease to provide those benefits to Employee;
     and

(c)  Fifteen Thousand (15,000) stock options,  previously granted to Employee by
     the  Company,  which  shall  be  governed  by  the  terms  of  the  annexed
     Non-Statutory Stock Option Agreement.

     Furthermore,  Employee shall be entitled to  indemnification by Employer in
connection  with  any  action,  suit or  proceeding,  whether  civil,  criminal,
administrative  or  investigative,  by reason of the fact that he was an officer
and/or  employee  of  Employer,  pursuant  to the  provisions  of  Article  V of
Employer's  By-laws,  as amended,  a copy of which Article is annexed hereto and
made a part hereof.

     Employee  acknowledges  that he has been advised that his medical insurance
coverage  will end no  later  than  August  20,  2000  and that he can  elect to
continue coverage under Employer's  Medical Insurance Plan thereafter at his own
cost in accordance with applicable law.

     Employee  acknowledges  that  he is  receiving  a  substantially  increased
benefit as  consideration  for executing this Agreement.  Employee  acknowledges
that he is not entitled to any other benefits or monies.

     Employee and Employer  agree not to disparage or impugn each other or their
respective  partners,  officers,  directors or employees,  in any way.  Employer
shall publicly disclose the termination of Employee's employment by the issuance
of a press release in the form annexed  hereto.  Unless required by law, rule or
regulation,  Employer shall not make any further public  disclosure or issue any
additional  press  releases  which   specifically   mention  Employee  by  name.
Notwithstanding anything herein to the contrary,  however,  Employer may, at its
sole discretion,  make any public disclosures it deems appropriate provided that
Employee is not specifically mentioned therein by name.

     Employee  agrees  that for a period of twelve  (12)  months  following  the
termination  of  his  employment  with  Employer,   he  will  not,  directly  or
indirectly,  engage  or  become  interested  in any way  (whether  as an  owner,
stockholder,  partner, lender, investor, director, officer, employee, consultant
or  otherwise)  in any  activity,  business or  enterprise,  located  within the
geographical area of the United States, that is competitive with any significant
part of the  Company's  business,  without  the  prior  written  consent  of the
President of the Company.

     By signing this  Agreement,  and for good and valuable  consideration,  the
receipt  and  sufficiency  of which are  hereby  acknowledged,  Employee  hereby
releases and


                                                                            p. 2
Itzhakov Separation, Severance and General Release Agreement
<PAGE>


discharges Employer, its employees, directors, officers, shareholders and agents
from,  and waives for  himself  and for his  heirs,  executors,  administrators,
successors,  and assigns, any claim, suit, debt, contract,  agreement,  damages,
charge,  arbitration,  grievance,  complaint,  or action  (whether  asserted  or
unasserted,  known or unknown)  which he now has or hereafter  can, shall or may
have against Employer, its parent corporation,  affiliates, subsidiaries, all of
its  past  and  former   subsidiaries   and   affiliates,   present  and  former
stockholders, partners, officers, directors, employees, agents, representatives,
attorneys,  successors and assigns,  for, upon or by reason of any matter, cause
or  thing  whatsoever  from  the  beginning  of the  world  to the  date of this
Agreement,  arising out of Employee's employment and/or professional  engagement
with Employer  and/or his  separation  from  employment  and/or  relating to the
issuance to Employee of stock, options,  warrants, equity or any other benefits,
compensation,  gifts or incentives by Employer or by any of Employer's officers,
directors,  employees  or agents,  including  but not limited to any claim under
federal,  state,  local or common law for breach of  contract,  for  wrongful or
abusive discharge or for  discrimination  based on race, color,  ethnicity,  sex
age, national origin,  sexual orientation,  religion or disability,  under Title
VII of the Civil  Rights Act of 1964 as amended;  the Civil  Rights Act of 1991;
the Age  Discrimination  in Employment Act; the Americans with Disabilities Act;
Employee  Retirement  Income  Security  Act;  Family and  Medical  Leave Act and
similar state and local laws, or any other unlawful criteria or circumstances.

     By signing this  Agreement,  and for good and valuable  consideration,  the
receipt  and  sufficiency  of which are  hereby  acknowledged,  Employer  hereby
releases and discharges  Employee from, and waives for itself and its successors
and assigns,  any claim,  suit,  debt,  contract,  agreement,  damages,  charge,
arbitration,  grievance,  complaint,  or action (whether asserted or unasserted,
known or unknown)  which it now has or hereafter  can, shall or may have against
Employee for, upon or by reason of any matter,  cause or thing  whatsoever  from
the  beginning  of the  world  to the  date of this  Agreement,  arising  out of
Employee's  employment and/or  professional  engagement with Employer and/or his
separation  from  employment,  and/or  relating  to the  issuance to Employee of
stock, options, warrants, equity or any other benefits,  compensation,  gifts or
incentives by Employer or by any of Employer's officers, directors, employees or
agents.

     Employee  agrees that he has been advised to consult with an attorney prior
to signing this Agreement,  that he has read and understands this Agreement, and
that he is fully  competent  to enter into this  Agreement  and has signed  this
Agreement  knowingly and  voluntarily.  Employee has had the  opportunity to ask
questions and fully understands this Agreement.  Employee  acknowledges:(i) that
the Company has expressly informed him that he has at least twenty-one (21) days
in which to decide whether to sign this Agreement,  but that he has decided,  of
his own free will and volition,  to sign this Agreement before the expiration of
said  21-day  period  and,  (ii)  that he has the  opportunity  to  revoke  such
Agreement within seven (7) days of signing it.

     Employee  represents  that he does not have and has  returned  all business
records of Employer,  its parent and its affiliates,  in any form and all copies
thereof.


                                                                            p. 3
Itzhakov Separation, Severance and General Release Agreement
<PAGE>


     This Agreement and the payment of any consideration  hereunder shall not be
construed as an admission of any kind  whatsoever on the part of the Employer or
the Employee.

     Nothing  contained herein shall constitute,  or be deemed to constitute,  a
waiver of either party's right to enforce the terms of this Agreement.

     This  Agreement  can be amended only by a writing  signed by both  parties.
This Agreement shall be construed under New York law.


                PLEASE READ CAREFULLY. THIS AGREEMENT INCLUDES A
                        WAIVER AND RELEASE OF ALL CLAIMS.


AVI  ITZHAKOV                                          SCHICK TECHNOLOGIES, INC.


_____________________                                  By: _____________________
Avi Itzhakov                                                 David Schick
                                                             President  & CEO



                                                                            p. 4
Itzhakov Separation, Severance and General Release Agreement