EXHIBIT 10.6

                           NATURAL HEALTH TRENDS CORP.

                   RESTRICTED ACTIVITY AND PROPRIETARY RIGHTS
                   ------------------------------------------
                              ASSIGNMENT AGREEMENT
                              --------------------


Consultant's Name:      Mark D. Woodburn  ("Woodburn")

Date:    October 31, 2006

         In consideration of Woodburn's engagement by Natural Health Trends
         Corp. (including their subsidiaries, successors and assigns, the
         "Company") and in consideration for and as a condition to the
         transactions contemplated by that certain Agreement dated as of the
         date hereof by and between the Company, Terry L. LaCore and Woodburn,
         Woodburn hereby agrees with the Company as follows:

         1.       Confidential Information. Woodburn may have received or may
receive and otherwise be exposed to confidential or competitively sensitive
information of the Company, or of a third party with which the Company has a
business relationship, relating to the Company's or such third party's current
or prospective business, research and development activities, products,
technology, strategy, organization and/or finances (collectively, "Confidential
Information"). Such Confidential Information, which may be disclosed orally or
in writing, shall include, without limitation, Technology (as defined in Section
2(a)), Work Product (as defined in Section 2(a)), plans, strategies,
negotiations, customer or prospect identities, market analyses, projections,
forecasts, cost and performance data, sales data, financial statements, price
lists, pre-release information regarding the Company's products, personnel lists
and data, and all documents and other materials (including any notes, drawings,
reports, manuals, notebooks, summaries, extracts or analyses), whether in
written or electronic form, that disclose or embody such Confidential
Information.

         Confidential Information shall not include information that is now, or
hereafter becomes, through no act or failure to act on Woodburn's part,
generally known to the public; information that was rightfully in Woodburn's
possession without confidentiality restriction prior to the Company's disclosure
to Woodburn; information that was rightfully obtained by Woodburn from a third
party who has the right, without obligation to the Company, to transfer or
disclose such information; or information which Woodburn is required to disclose
pursuant to judicial order, provided that in the latter case Woodburn shall
promptly notify the Company and take reasonable steps to assist the Company in
protecting the Company's rights prior to disclosure. At all times, both during
Woodburn's relationship with the Company and after the termination thereof,
Woodburn will keep all Confidential Information in strict confidence; will not
use Confidential Information except for the purpose of providing services to the
Company; and will not divulge, publish, disclose or communicate Confidential
Information, in whole or in part, to any third party. Woodburn further agrees
that Woodburn will not allow any unauthorized person access to Confidential
Information, either before or after the termination of this Agreement, and will
take all action reasonably necessary and satisfactory to the Company to protect
the confidentiality of Confidential Information. Woodburn agrees not to
reproduce or copy by any means Confidential Information, except as reasonably
required to accomplish the purposes of this Agreement, and further agrees not to
remove any proprietary rights legend from such Confidential Information or
copies thereof made in accordance with this Agreement. Upon termination of
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Woodburn's services for any reason, or upon demand by the Company at any time,
Woodburn's right to use Confidential Information shall immediately terminate,
and Woodburn shall return promptly to the Company, or destroy, at the Company's
option, all tangible and electronic materials that disclose or embody
Confidential Information.

         2.       Assignment of Work Product.
                  --------------------------

                  (a)      For purposes of this Agreement: "Technology" shall
                           mean all ideas, concepts, inventions, discoveries,
                           developments, creations, methods, techniques,
                           processes, machines, products, devices, compositions
                           of matter, improvements, modifications, designs,
                           systems, specifications, schematics, formulas, mask
                           works, works of authorship, software, algorithms,
                           data and know-how, whether or not patentable or
                           copyrightable, and all related notes, drawings,
                           reports, manuals, notebooks, summaries, memoranda and
                           other documentation; "Intellectual Property Rights"
                           shall mean all worldwide intellectual property rights
                           including, without limitation, all rights relating to
                           the protection of inventions, including patents,
                           patent applications and certificates of invention;
                           all rights associated with works of authorship,
                           including copyrights and moral rights; all rights
                           relating to the protection of trade secrets and
                           confidential information; all rights related to the
                           protection of trademarks, logos and service marks;
                           any rights analogous to those set forth herein, and
                           all other proprietary rights related to intangible
                           property; and "Work Product" shall mean any and all
                           Technology made, conceived, designed, created,
                           discovered, invented or reduced to practice by
                           Woodburn during the term of this Agreement that (i)
                           results from Woodburn's performance of services for
                           the Company, (ii) is related to the business of the
                           Company or (iii) is based upon the use of
                           Confidential Information.

                  (b)      Woodburn agrees to promptly disclose to the Company
                           in writing all Work Product upon the development,
                           conception or creation thereof by Woodburn, as well
                           as, at any time, upon the request of the Company.

                  (c)      Woodburn agrees that all Work Product shall be the
                           sole and exclusive property of the Company, and does
                           hereby irrevocably and unconditionally transfer and
                           assign to the Company, its successors and assigns,
                           all right, title and interest it may have or acquire
                           in or to any Work Product, including all Intellectual
                           Property Rights therein. Woodburn further agrees that
                           any and all works of authorship created, authored or
                           developed by Woodburn hereunder shall be deemed to be
                           "works made for hire" within the meaning of the
                           United States copyright law and, as such, all rights
                           therein including copyright shall belong solely and
                           exclusively to the Company from the time of their
                           creation. To the extent any such work of authorship
                           may not be deemed to be a work made for hire,
                           Woodburn agrees to, and does hereby, irrevocably and
                           unconditionally transfer and assign to the Company
                           all right, title, and interest including copyright in
                           and to such work.

                  (d)      Upon request by the Company, Woodburn agrees to
                           execute and deliver all such documents, certificates,
                           assignments and other writings, and take such other

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                           actions, as may be necessary or desirable to vest in
                           the Company ownership in all Work Product as provided
                           in this Section 2, including, but not limited to, the
                           execution and delivery of all applications for
                           securing all United States and foreign patents,
                           copyrights and other intellectual property rights
                           relating to Work Product. The Company shall reimburse
                           Woodburn for any reasonable expenses incurred by
                           Woodburn at the Company's request to secure title or
                           legal protection on the Company's behalf for any such
                           Work Product. In the event that the Company is unable
                           to secure Woodburn's signature to any document, or if
                           Woodburn otherwise fails to take any action deemed
                           necessary by the Company to protect or maintain the
                           Company's ownership of Work Product and Intellectual
                           Property Rights therein, then the Company may, and
                           Woodburn hereby irrevocably designates and appoints
                           the Company and its duly authorized officers and
                           agents as Woodburn's agent and attorney-in-fact to
                           act on and in Woodburn's behalf and stead to, execute
                           and file any such applications and perform all other
                           lawfully permitted acts to perfect Woodburn's
                           assignment and transfer of ownership rights to the
                           Company with the same legal force and effect as if
                           executed, filed and performed by Woodburn.

                  (e)      For purposes of this Section 2(e), "Background
                           Technology" shall mean Technology owned by or
                           licensed to Woodburn as of the Effective Date of this
                           Agreement or developed or otherwise obtained by
                           Woodburn following the Effective Date hereof
                           independently of the performance of services
                           hereunder by Woodburn. The Company acquires no rights
                           in the Background Technology, except as specifically
                           provided in this Agreement and, as between the
                           parties, Woodburn retains all rights therein.
                           Woodburn hereby grants to Company a royalty-free,
                           worldwide, non-exclusive, perpetual, sublicensable
                           and irrevocable right and license to use, for all
                           purposes in Company's business, Background Technology
                           that has been disclosed by Woodburn to Company or
                           that is embodied within or related to the use,
                           operation or improvement of Work Product created by
                           Woodburn in connection with Woodburn's performance of
                           services for the Company.

         3.       Representation. Woodburn hereby represents to the Company that
the Work Product Woodburn creates under this Agreement will be original, and
that Woodburn's performance of services under this agreement and the Company's
use of Woodburn's Work Product will not breach any agreement Woodburn has with
any third party or the intellectual property rights or other rights of any third
party.

         4.       Return of Materials. All documents, records, apparatus,
equipment and other physical property, whether or not pertaining to Confidential
Information, which are furnished to Woodburn by the Company or are produced by
Woodburn in connection with Woodburn's services will be and remain the sole
property of the Company. Woodburn will return to the Company all such materials
and property as and when requested by the Company. In any event, Woodburn will
return all such materials and property immediately upon termination of
Woodburn's services for any reason. Woodburn will not retain any such material
or property or any copies thereof upon such termination.

         5.       Covenants. (a) Covenant not to Compete. Except for Permitted
Consulting Arrangements (as hereinafter defined), during the Consulting Period

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(as hereinafter defined), Woodburn shall not, directly or indirectly, whether as
a sole practitioner, owner, partner, shareholder, investor, employee, employer,
or venturer, (i) own, manage, assist, advise, invest in or acquire any economic
stake or interest in any Person (as hereinafter defined) involved in a
Competitive Activity (as hereinafter defined), (ii) derive economic benefit from
or with respect to any Competitive Activity, or (iii) otherwise engage or
participate in any manner whatsoever in any Competitive Activity; provided,
however, this Section 4(a) shall not restrict Woodburn from owning less than 3%
of the publicly traded debt or equity securities issued by a corporation or
other entity. Woodburn shall be deemed to have derived economic benefit in
violation of this Section 5(a) if, among other things, any of his compensation
or income is in any way related to any Competitive Activity conducted by any
Person. Further, during the Consulting Period, Woodburn shall not directly or
indirectly advance, cooperate in or help or aid any Competitor (as hereinafter
defined) in the conduct of any Competitive Activity. As used herein: (A)
"Company Affiliates" means the Company and each of its current, former and
future subsidiaries and affiliates and their respective successors and assigns;
(B) "Competitive Activity" means any activity conducted in any country which
competes with any substantial aspect or part of any Company Affiliate business
whether as a proprietor, partner, shareholder, owner, member, employer,
employee, independent contractor, venturer or otherwise; (C) "Competitor" means
any Person which at any time during the Consulting Period engages in any
Competitive Activity; (D) "Consulting Notice" shall mean a written notice to the
Company describing all of the terms and conditions of a proposed Permitted
Consulting Arrangement, including without limitation: (i) the name of each
Person (including the names of the officers, directors, principal stockholders
and controlling persons thereof) seeking to engage Woodburn; (ii) the proposed
commencement and termination dates of such consulting arrangement; (iii) a
detailed description of the services to be provided by Woodburn, and (iv) a
description of all compensation and other benefits to be realized by Woodburn
directly or indirectly from such consulting engagement; (E) "Consulting Period"
means the period commencing on the date hereof and ending on the first
anniversary of the date hereof; (F) "Initial Period" means the period commencing
on the date hereof and ending one (1) year following the most recent date on
which the Company has paid Woodburn a monthly fee or a Subsequent Payment (as
defined in that certain consulting engagement letter dated the date hereof
between the Company and Woodburn (the "Engagement Letter")) pursuant to the
Engagement Letter, whichever is more recent; (G) "Permitted Consulting
Arrangements" shall mean any consulting or similar arrangement or agreement
between Woodburn and any Person, including a Competitor, so long as Woodburn
delivers to the Company not less than ten (10) business days prior to the
commencement of services to such Person a Consulting Notice; (H) "Person" shall
mean any natural person, corporation, association, partnership (general or
limited), joint venture, trust, estate, limited liability company, government or
any agency or political subdivision thereof, or any other legal entity or
organization.

(b)  Covenant not to Interfere. During the Initial Period, Woodburn shall not,
directly or indirectly, (i) recruit, solicit or otherwise assists, induce or
influence any Personnel (as hereinafter defined) of any Company Affiliate to
discontinue, reduce the extent of, discourage the development of or otherwise
harm such Personnel's relationship or commitment to such Company Affiliate, (ii)
solicit, induce or attempt to induce any Distributor or Potential Distributor to
terminate, diminish, or materially alter his or her relationship with a Company
Affiliate; or (iii) solicit, perform or attempt to perform any services for a
Distributor or Potential Distributor, except in accordance with this Agreement
or the Consulting Agreement. "Company Affiliates" means the Company and each of
its current and future subsidiaries and affiliates and their respective
successors and assigns. "Distributor or Potential Distributor" is any Person who
or which, at any time during the Initial Period, (i) directly or indirectly,
worked with any Company Affiliate as an independent distributor, or (ii)
considered working with any Company Affiliate as an independent distributor.

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"Personnel" means any and all employees, contractors, agents, consultants or
other Persons rendering services to any Company Affiliates for compensation in
any form, whether employed by or independent of any Company Affiliates.

         6.       Acknowledgments. Woodburn acknowledges and agrees that the
restrictions set forth in this Agreement are intended to protect the Company's
interest in Confidential Information and its commercial relationships and
goodwill (with its Customers, Distributors, vendors, directors and consultants),
and are reasonable and appropriate for these purposes.

         7.       Disclosure of Agreement. Woodburn will disclose the existence
and terms of this Agreement to any prospective employer, partner, co-venturer,
investor or lender prior to entering into an employment, partnership or other
business relationship with such person or entity.

         8.       Third-Party Agreements and Rights. Woodburn hereby confirms
that Woodburn is not bound by the terms of any agreement with any previous
employer or other party which restricts in any way Woodburn's use or disclosure
of information or Woodburn's engagement in any business, prior to its acceptance
by the Company. Woodburn represents to the Company that Woodburn's execution of
this Agreement, Woodburn's engagement by the Company and the performance of
Woodburn's proposed duties for the Company will not violate any obligations
Woodburn may have to any such previous employer or other party. In Woodburn's
work for the Company, Woodburn will not disclose or make use of any information
in violation of any agreements with or rights of any such previous employer or
other party, and Woodburn will not bring to the premises of the Company any
copies or other tangible embodiments of non-public information belonging to or
obtained from any such previous employment or other party.

         9.       Injunction. Woodburn agrees that it would be difficult to
measure any damages caused to the Company which might result from any breach by
Woodburn of the promises set forth in this Agreement, and that in any event
money damages would be an inadequate remedy for any such breach. Accordingly,
Woodburn agrees that if Woodburn breaches, or proposes to breach, any portion of
this Agreement, the Company shall be entitled, in addition to all other remedies
that it may have, to an injunction or other appropriate equitable relief to
restrain any such breach without showing or proving any actual damage to the
Company.

         10.      Insolvency Notwithstanding the foregoing, this Agreement shall
terminate and be of no further force and effect if any of the following events
occur: (i) the Company admits in writing its inability to pay its debts
generally as they become due; (ii) the Company has a liquidator, receiver,
conservator or statutory successor of such party appointed by any court or
governmental authority having jurisdiction over it; (iii) the Company commences
a proceeding under any federal or state bankruptcy, insolvency, reorganization
or similar law, or has such a proceeding commenced against it and either has an
order of insolvency or reorganization entered against it or has the proceeding
remain undismissed and unstayed for ninety (90) days; (iv) the Company makes an
assignment for the benefit of creditors; or (v) the Company has a receiver or
trustee appointed for it or for the whole or any substantial part of its
property.

                            [Signature Page Follows]

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       WOODBURN UNDERSTANDS THAT THIS AGREEMENT AFFECTS IMPORTANT RIGHTS.
          WOODBURN HAS READ IT CAREFULLY AND IS SATISFIED THAT WOODBURN
                           UNDERSTANDS IT COMPLETELY.


NATURAL HEALTH TRENDS CORP.


By: /s/ STEPHANIE S. HAYANO                    /s/ MARK D. WOODBURN
    -------------------------------------      ---------------------------------
    Stephanie S. Hayano                        Mark D. Woodburn
    President and Chief Executive Officer

    Dated:  October 31, 2006                   Dated:  October 31, 2006


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