----

**AMENDING      AGREEMENT**

**THIS      AMENDING AGREEMENT**
**OCCULOGIX,      INC. **
**“Corporation”**
**“Employee”**

**WHEREAS**
**“Employment      Agreement”**

**AND      WHEREAS **

**NOW,      THEREFORE, **

| 1. | Section                3 of the Employment Agreement is hereby deleted in its entirety and                replaced with the following                provision: |
|----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------|

**3.**
**Performance      of Duties**

| 2. | Section                5.1 of the Employment Agreement is hereby deleted in its entirety                and                replaced with the following                provision: |
|----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

**Salary**
**.**

----

| 3. | The                Employment Agreement remains in full force and effect, unamended,                other                than as amended by this Amending                Agreement. |
|----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 4. | This                Amending Agreement may be signed by facsimile and in counterpart,                and each                such counterpart will constitute an original document, and such                counterparts, taken together, will constitute one and the same                instrument. |
|----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 5. | This                Amending Agreement shall be governed by, and construed in accordance                with,                the laws of the State of Florida, without regard to conflict of laws                rules                which are deemed inapplicable herein. The parties hereto each consent                to                the personal jurisdiction of the federal and state courts of the                State of                Florida. |
|----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 6. | The                Employee acknowledges that: |
|----|------------------------------------------------|

|   | (a) | he                has had sufficient time to review and consider this Amending Agreement                thoroughly; |
|--------|-----|---------------------------------------------------------------------------------------------------------------------|

----

|   | (b) | he                has read and understands the terms of this Amending Agreement and                his                obligations under the Employment Agreement, as amended by this Amending                Agreement; |
|--------|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (c) | he                has been given an opportunity to obtain independent legal advice,                and such                other advice as he may desire, concerning the interpretation and                effect of                this Amending Agreement; and |
|--------|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (d) | this                Amending Agreement is entered into voluntarily and without any pressure                and that his continued employment with the Corporation has not been                made                conditional on execution and delivery by him of this Amending                Agreement. |
|--------|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

**IN      WITNESS WHEREOF**

|                                                           |                                                   |
|----------------------------------------------------------------|--------------------------------------------------------|
|                                                           |
|                                                           |
| Signature                of Witness                            | John                Cornish                            |
|                                                           |                                                   |
|                                                           |                                                   |
| Name                of Witness (*please                print*) |                **OCCULOGIX,                INC.** |
|                                                           |                                                        |
|                                                           |                                                   |
|                                                           | Elias                Vamvakas                          |
|                                                           | Chairman                and Chief Executive Officer    |
|                                                           |                                                   |

----