Exhibit 10.1

                     AMENDMENT NO. 6 TO TERMS OF EMPLOYMENT
                                       Of
                                URS W. STAMPFLI
                                      With
                              CONCORD CAMERA CORP.


      This  AMENDMENT NO. 6 TO TERMS OF  EMPLOYMENT,  effective as of January 1,
2008 (this  "Instrument"),  by and between  CONCORD CAMERA CORP. (the "Company")
and Urs W. Stampfli ("Employee").

                                    RECITALS

      A. The Employee is currently employed by the Company pursuant to the Terms
of Employment,  dated as of January 1, 2000, as thereafter  amended (as amended,
the "Agreement"), between the Company and the Employee.

      B. The parties desire to modify the Agreement as set forth herein.

      NOW,  THEREFORE,  for good and  valuable  consideration,  the  receipt and
sufficiency of which are hereby acknowledged, the parties agree as follows:

      1.  Definitions.  Capitalized  terms used but not defined  herein have the
meanings assigned to them in the Agreement.

      2. Term.  The  expiration  of the Term of the  Agreement,  as specified in
Section 3 thereof,  is hereby  extended  for a period of twelve (12) months from
"January 1, 2008" to "January 1, 2009."

      3.  Termination.  The second  paragraph of Section 12 of the  Agreement is
hereby deleted and replaced in its entirety with the following:

      "Concord  may  terminate  the  employee's  employment  at any time for any
      reason or without  reason by giving the employee 30 days' written  notice.
      The employee may  terminate his  employment  after the end of any calendar
      month during the Term for any reason or without  reason by giving  Concord
      30 days' written notice. In the event Concord elects to terminate pursuant
      to this provision,  it may at its option request the employee to remain in
      its employment  during the 30 day period  following  delivery of notice of
      termination,  provided  that the  Company  shall  continue  to provide the
      employee  with his normal  and  customary  compensation  and  benefits  as
      prescribed in Sections 5, 8 and 11. Alternatively, Concord may require the
      employee to cease working at any time during the 30-day notice period. If:
      (i) Concord terminates the employee's employment without cause (as defined
      above in this  Section)  whether  during the Term or at any time after the
      end of the Term;  or (ii) the  employee  terminates  his  employment  with
      Concord after the end of the Term (but not before), then the employee will
      be  paid  for a  total  of one (1)  year  (post-employment


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      compensation), excluding any portion of the 30-day notice period for which
      the employee remained in the Company's  employment,  at the then effective
      compensation  provided for in Section 5. The post-employment  compensation
      related  to the  employee's  salary  and  auto  allowance  will be paid in
      installments  (net  of  required   withholding)  in  accordance  with  the
      Company's normal payroll schedule for executives. The Company's obligation
      to pay any  such  post-employment  compensation  is  conditioned  upon the
      employee's  prior and  continued  compliance  with the  provisions of this
      Agreement including, but not limited to, Section 13 and Exhibit A."

      4. Effect on  Agreement.  Except as hereby  amended,  all of the terms and
conditions  set forth in the  Agreement  are and shall  remain in full force and
effect.

      IN WITNESS  WHEREOF,  the parties  executed this Instrument as of the date
first set forth above.

EMPLOYEE:                               CONCORD CAMERA CORP.


  /s/ Urs W. Stampfli                  By: /s/ Ira B. Lampert
---------------------                      ------------------------------
Name: Urs W. Stampfli                      Name: Ira B. Lampert
                                           Title: Chief Executive Officer

Dated:  December 26, 2007               Dated:  December 26, 2007