**EXHIBIT      99.2**

**ARKADOS      GROUP, INC.**

**COMPENSATION      COMMITTEE CHARTER**

**Organization**

**Statement      of Policy**

**Responsibilities**

----

| 1. | Review                and approve the Corporation’s goals and objectives relevant to the                compensation of the Chief Executive Officer (“CEO”), evaluate the CEO’s                performance with respect to such goals, and subject to existing                contractual obligations, set the CEO’s compensation level based on such                evaluation ; |
|----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 2. | Consider                the chief executive officer’s recommendations with respect to other                executive officers; |
|----|--------------------------------------------------------------------------------------------------------------------------------------|

| 3.. | Evaluate                the Corporation’s performance both in terms of current achievements and                significant initiatives with long-term                implications; |
|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 4. | Assess                the contributions of individual executives and recommend to the Board                levels of salary and incentive compensation payable to executive                officers                of the Corporation; |
|----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 5. | Compare                compensation levels with those of other leading companies in similar                or                related industries; |
|----|--------------------------------------------------------------------------------------------------------------------------------------------------|

| 6. | Review                financial, human resources and succession planning within the                Corporation; |
|----|-----------------------------------------------------------------------------------------------------------------|

| 7. | Recommend                to the Board the establishment and administration of incentive                compensation plans and programs and employee benefit plans and                programs; |
|----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 8. | Recommend                to the Board the payment of additional year-end contributions by                the                Corporation under certain of its retirement                plans; |
|----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 9. | Grant                equity incentives to key employees of and consultants to the Corporation                and administer the Corporation’s equity incentive                plans; |
|----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 10. | Monitor                compliance with legal prohibition on loans to directors an executive                officers of the Corporation; |
|-----|-----------------------------------------------------------------------------------------------------------------------------------------|

| 11. | Review                and recommend for Board approval compensation packages for new corporate                officers and termination packages for corporate officers as requested                by                management; |
|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

| 10. | Determine                whether to retain or terminate any compensation consulting firm used                by                the Corporation to assist in the evaluation of director, CEO or senior                executive compensation.  Exercise sole authority to approve the                terms and fees relating to such                retention; |
|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 11. | The                Committee shall review at least annually the adequacy of this charter                and                recommend any proposed changes to the Board for its                approval; |
|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 12. | Submit                the minutes of all meetings of the Committee to, or discuss the matters                discussed at each committee meeting with, the Board of                Directors; |
|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 13. | Investigate,                within the scope of its duties, any matter brought to its attention;                and |
|-----|---------------------------------------------------------------------------------------------------------------------|

| 14. | Report                to the Shareholders in the Corporation’s proxy statement on the executive                compensation of the CEO and other executive officers of the Corporation                in                accordance with applicable rules and                regulations. |
|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

**Committee        Performance Evaluation**

|   | The                Committee shall annually conduct an evaluation of its performance                in                fulfilling its responsibilities and meeting its goals, as outlined                above. |
|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

**Meetings**

|   | A                majority of Committee members shall constitute a quorum for the                transaction of business.  The action of a majority of those                present at a meeting at which a quorum is attained, shall be the                act of                the Committee.  The Committee may delegate matters within its                responsibility to subcommittees composed of certain of its                members.  The Committee shall meet in executive session without                the presence of any members of management as often as it deems                appropriate.  The Committee shall meet as required, keep a                record of its proceedings, if appropriate or needed,   and                report thereon from time to time to the Board of                Directors. |
|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| Adopted: |   June                14, 2007 |
|----------|------------------------------------------|

|   | Last                Amended: ____________________ |
|--------|---------------------------------------------------|

----