| 1) | EMPLOYMENT OF      EMPLOYEE: The Company hereby agrees to employ the Employee, and the      Employee hereby agrees to accept said employment pursuant to the terms and      conditions of this Agreement. |
|----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 2) | DUTIES: The      Employee shall render, as a full-time employee, professional services as      Chief Financial Officer of the Company, reporting to Company’s Chief      Operating Officer (or his designee), and shall perform such additional      duties as may be assigned to the Employee by the Board of Directors of the      Company.  The Employee agrees to devote all of his time and      efforts to the performance of his duties hereunder, except for customary      vacations and reasonable absences due to illness, or other incapacity, as      set forth herein, and to perform all of his duties to the best of his      professional ability and to comply with such reasonable policies,      standards, and regulations of the Company as are from time to time      established by the Board of Directors of the Company. Nothing contained      herein shall be construed so as to prohibit or prevent the Employee from      engaging in any business activity as long as such activities do not      conflict or interfere with the satisfactory performance of his duties      hereunder, or which compete, directly or indirectly, with Company or its      Affiliates.  "Affiliate(s)," as to either      Party, means any other person or entity that, directly or indirectly,      controls, is under common control with, or is controlled by, that Party.      For purposes of this definition, "control" (including, with its      correlative meanings, the terms "controlled by" and "under common control      with"), as used with respect to any person or entity, shall mean direct or      indirect ownership of more than Fifty Percent (50%) of the voting stock or      (partnership) shares of such person orentity. |
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| 3) | TERM: The      Employee’s initial term of employment under this Agreement shall commence      on the Effective Date and shall continue until two (2) years thereafter,      or until terminated as hereinafter provided (the      “Term”).  Subject to the approval of the Company’s Board of      Directors, the Term of this Agreement shall be automatically extended for      continuous terms of one (1) year unless the Company provides the Employee      with advance written notice of its intention not to renew this Agreement      of at least three hundred and sixty-five (365)  days. |
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| 4) | PLACE OF      EMPLOYMENT: Unless expressly approved otherwise by the Company      Board of Directors, during the Term, the Employee will permanently reside      and work in the Tampa Bay, Floridaarea. |
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| 5) | COMPENSATION:      For all services rendered to the Company, the Employee agrees to accept as      total compensation the sum computed as follows, payable in accordance with      the Company’s standard payroll procedures, established and approved by the      Company Board of Directors, asamended: |
|----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | a. | During      the Term, the Employee shall receive the sum equal to Ninety Thousand U.S.      Dollars (US$90,000) per year, payable in accordance with the standard      payroll practices of the Company. |
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| Employment      Agreement – Gary D. Pickett (06.18.07) | Page      1 of 5 |
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|   | b. | Bonuses:      Shall be determined from time to time by the Company Board of Directors at      its discretion. |
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| 6) | VACATION/SICK:      The Employee shall be entitled to a vacation with full pay, of three (3)      weeks (fifteen (15) working days), during each 12-month period of      Employee’s employment hereunder. The scheduling of any vacation shall be      coordinated with the Company so that the needs of the Company are met to      the extent reasonably possible. The Employee may be entitled to such      further paid vacation as may be approved in writing by the Board of      Directors of the Company. Any accrued vacation not taken by the Employee      during a year shall be available for use in subsequent      year.  The Employee may elect to receive a cash payment for one      (1) week’s vacation, in lieu of taking such vacation, every calendar year      during the Term.  The Employee shall be granted sick time in      accordance with Company policy, as outlined in the Company’s Employee      Handbook, as amended. |
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| 7) | REIMBURSEMENT OF      BUSINESS EXPENSES: The Company agrees to pay, either directly or      indirectly, by payment to the Employee, for all the Employee’s approved      entertainment, travel and miscellaneous business expenses incurred by him      during the course of his employment. Employee shall be entitled, on      approved business-related travel, coach airline tickets on domestic travel      and business class airline tickets on international travel, and a full      size rental automobile. As a prerequisite to any payment or reimbursement      by the Company for business expenses, the Employee shall submit receipts      of all such expenses to the Company, and the Company’s obligation to      effect payment or reimbursement of such expenses shall be only to the      extent of such receipts. |
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| 8) | ADDITIONAL      BENEFITS: The Company shall obtain and pay for group medical and      dental insurance for the Employee and his dependents, under such insurance      program and plan that the Board of Directors of the Company deems      appropriate. The Company shall obtain and pay for term life insurance in      the amount of $50,000.00 for the Employee under such insurance program and      plan that the Board of Directors of the Company deems appropriate. The      Company shall further provide a disability plan upon such terms and      conditions that are, at a minimum, equal to or better than those      maintained by the Company as of the Effective  Date. |
|----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 9) | PROPERTY      DEFINED: The Employee understands and agrees that Company      Intellectual Property, files, customer files, correspondence, e-mails,      memos, legal files, research files, engineering files, development      materials, notes, analyses, compilations, studies, interpretations and      other documents (regardless of form or medium) and information, form      files, forms, examples, test data, samples, and all briefs and memoranda,      and other work product, related in any way to Company customers, products,      plans, designs, concepts, ideas, research, development, know-how, costs,      prices, finances, marketing plans, business opportunities, or personnel      are the sole and exclusive property of the Company (collectively “Company      Property”); and the same shall remain in the possession of the Company and      shall constitute the property of the Company irrespective of who prepared      the same. The Employee shall not remove, photocopy, photograph or in any      other manner duplicate, translate, compile, summarize, transmit, convey,      or remove, said Company Property.   “Intellectual Property”      means all intellectual property rights, both domestic and foreign,      including any and all tangible and intangible trade secret rights, patents      rights (including registrations, applications, renewals, extensions,      continuations, divisions, reexaminations and reissues), processes,      know-how, prototypes, specifications, drawings, designs, tools, industrial      property rights, shop rights, inventions, improvements, developments or      discoveries, whether conceived or made by Employee or not, and whether      patentable (or registrable) or not. |
|----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 10) | DISPOSITION OF      PROPERTY DURING AND AFTER EMPLOYMENT: The Employee agrees and      understands that all Confidential Information (as defined below) and      Company Property are and shall remain, during and after the Term, the sole      and exclusive property of the Company, and the Employee shall have no      right, title or interest in or to thesame. |
|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| Employment      Agreement – Gary D. Pickett (06.18.07) | Page 2      of 5 |
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| 11) | TERMINATION OF      EMPLOYMENT: The employment of the Employee may be terminated as      follows: |
|-----|---------------------------------------------------------------------------------------------------|

|   | a. | By      the death of the Employee, in which case the Company shall pay the      Employee’s estate the basic annual compensation due the Employee,      pro-rated through the date oftermination. |
|--------|----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | b. | By      the Employee, at any time upon at least sixty (60) days prior written      notice to the Company, in which case the Company shall be obligated to pay      the Employee the basic annual compensation due him pro-rated to the date      of termination. |
|--------|----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | c. | By      the Company, without cause, with the majority approval of the Board of      Directors of the Company, at any time upon at least thirty (30) days prior      written notice to the Employee, and the Company shall be obligated to pay      the Employee compensation currently in effect including all bonuses (if      any), accrued or prorated, and approved expenses, up to the date of      termination. During any subsequent time remaining on this Agreement, the      Company shall pay the Employee the salary in effect at the time of      termination, payable weekly or as otherwise mutually agreed in writing.      Employee shall not have to account for other compensation from other      sources or otherwise mitigate his damages due to termination pursuant to      this subparagraph. |
|--------|----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | d. | By      the Company, if during the term of this Agreement the Employee (i)      violates the provisions of Paragraph 12 or Paragraph 13 hereof, (ii) is      found guilty in a court of law of any crime of moral turpitude, or (iii)      breaches this Agreement and such breach remains uncured ten (10) days      after Employee’s receipt of Company’s written notice of Employee’s breach      or threatened breach. |
|--------|----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 12) | NON-COMPETITION AND      PRESERVATION OF NON-TRADE SECRET PROTECTIVE BUSINESS INTERESTS:      During and upon expiration or termination of this Agreement, and for      twelve (12) months thereafter, irrespective of the time, manner, or method      of such expiration or termination, the Employee shall not, without the      express written consent of the Company, directly or indirectly, consult      with, render services to, or otherwise participate or attempt to      participate in any manner in a business, which competes with the Company      or its Affiliates, within the geographic areas where the Company or its      Affiliates, or the Employee, conducted business during the twenty-four      (24) month period directly preceding any expiration or termination of this      Agreement, and Employee: |
|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | a. | Shall      not use or disclose any Confidential Information to any person or entity      without the written authorization of the Company. “Confidential      Information” includes, but is not limited to, information concerning      Company’s or its Affiliates’ customers, products, designs, engineering and      manufacturing methods, pricing information and methods, training and      operational procedures, advertising, marketing, and sales information,      financial information, and other data, concepts, strategies, methods,      procedures or other confidential information, that is not a “trade      secret,” as defined by Florida Statute §688.002 (2006), as      amended; |
|--------|----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | b. | Shall      not solicit, directly or indirectly, any existing or potential client or      customer with whom the Company has or may have a business relationship. A      potential client or customer is defined as any person or entity that the      Company or Employee actively solicited, or engaged in business activity,      during the twenty-four (24) month period directly preceding the expiration      or termination of this Agreement; |
|--------|----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | c. | Shall      not hire, recruit, or attempt to recruit, any person employed by the      Company at the time of the expiration or termination of this Agreement for      any person or business entity which competes or plans to compete with the      Company; |
|--------|----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | d. | Shall      not adversely affect the Company’s customer goodwill associated with (1)      an ongoing business by way of trade name, trademark, service mark, trade      dress and the like; (2) a specific geographical location; or (3) a      specific marketing or trade area;and |
|--------|----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| Employment      Agreement – Gary D. Pickett (06.18.07) | Page 3      of 5 |
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|   | e. | Shall      not use extraordinary or specialized training received from the Company      except for the benefit of the Company, within the scope of Employee’s      employment hereunder. |
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|   | f. | This      Non-Competition and Protection of Non-Trade Secret Protectable Business      Interest provision is expressly intended to benefit the Company and its      Affiliates, their respective successors and assigns (the “Third Party      Beneficiaries”), and the Company and the Third Party Beneficiaries are      expressly authorized to enforce thisprovision. |
|--------|----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | g. | Employee      agrees that the precise value of the covenants in Section 12 (and Section      13) are so difficult to evaluate that no accurate measure of liquidated      damages could possibly be established and that, in the event of a breach      or threatened breach, the Company is entitled to temporary and permanent      injunctive relief restraining Employee from such breach or threatened      breach. In the event that any covenants made in this Section shall be more      restrictive than permitted by applicable law, it shall be limited to the      extent which is so permitted. |
|--------|----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 13) | PRESERVATION OF TRADE      SECRETS: During the Term, and upon the expiration or termination of      this Agreement, the Employee shall not, directly or indirectly, use or      disclose any “trade secret” (as that term is defined by Florida Statute      §688.002 (2006), as amended) of the Company or its Affiliates, or allow      any such trade secret to be disclosed to or used by any person or entity,      for any reason or purpose whatsoever, except as expressly authorized, in      writing, by the Company’s Chief Executive Officer or Chief Operating      Officer. In addition, the Employee will not accept any employment or other      business relationship which would, by the nature of the position, involve      the inevitable disclosure of any such trade  secret. |
|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 14) | INDEMNIFICATION:      The Company shall indemnify the Employee from liability in connection with      his acting as an officer or director of Company, including but not limited      to, indemnification for legal expenses and out-of-pocket disbursements in      connection with defense of any claim or lawsuit against him based upon      acts or omissions by him during the period that he was an officer or      director of the Company. However, the foregoing indemnification as to      certain acts shall not apply in the event it is determined by a court of      competent jurisdiction that the Employee, during his tenure as an officer      or director had (a) breached his duty of loyalty to the Company or its      stockholders; (b) acted not in good faith or had intentionally acted      against the best interests of the Company or the stockholders; (c) paid      unlawful dividends or made unlawful stock repurchases or redemptions; or      (d) engaged in a transaction in which he had received an improper personal      benefit against the interest of the Company or its      shareholders. |
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| 15) | NOTICES: Any      notice required or permitted to be given pursuant to the provisions of      this shall be sufficient if in writing, and if personally delivered to the      Party to be notified or, if sent by registered or certified mail, to said      Party at the followingaddresses: |
|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | If      to the Company:  | Bovie      Medical Corporation             |
|--------|--------------------------|--------------------------------------------|
|   |                     | 7100      30th      Avenue North           |
|   |                     | St.      Petersburg, FL 33710              |
|   |                     | Attn:      Moshe Citronowicz, COO & VP |
|   |                     |                                       |
|   | If      to the Employee: | Gary      D. Pickett                       |
|   |                     | 9958      Lake Seminole Drive West         |
|   |                     | Largo,      FL 33773                       |

| Employment      Agreement – Gary D. Pickett (06.18.07) | Page 4      of 5 |
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| 16) | UNREASONABLE      COMPENSATION: It is agreed that in the event all or any part of the      compensation paid to the Employee hereunder shall be disallowed by the      Internal Revenue Service as a deduction by the Company under Section 162      of the Internal Revenue Code of 1986, as amended, (or shall be disallowed      as a deduction for state or local income purposes) and interest or other      tax “costs” to the Company, as the case may be, attributable to said      disallowance shall be determined and shall be a debt payable on demand by      the Employee to the Company, which the Company may recover as a setoff      against future compensation. |
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| 17) | BYLAWS;      MISCELLANEOUS: This Agreement is made subject to and with reference      to the Bylaws of the Company, which are incorporated herein by reference,      and which the Employee accepts as binding upon  him. |
|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 18) | SEVERABILITY:      In the event any portion of this Agreement is held to be invalid or      unenforceable, the invalid or unenforceable portion or provision shall not      affect any other provision hereof and this Agreement shall be construed      and enforced as if the invalid provision had not been      included. |
|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 19) | BINDING EFFECT:      This Agreement shall inure to the benefit of and shall be binding upon the      Company and upon any person, firm or corporation with which the Company      may be merged or consolidated or which may acquire all or substantially      all of the Company’s assets through sale, lease, liquidation or otherwise.      The rights and benefits of Employee are personal to him and no such rights      or benefits shall be subject to assignment or transfer by      Employee. |
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| 20) | GOVERNING LAW:      The laws of the State of Florida, without regard to their choice of law      principles, govern all matters arising from or related to this      Agreement. |
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| 21) | ENTIRE      AGREEMENT: This Agreement constitutes the entire agreement between      the Parties and supersedes and replaces any prior agreement regarding the      subject matter hereof, and there are no other agreements between the      Parties pertaining to such subject matter, except as expressly set forth      herein. |
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| 22) | AMENDMENT AND      MODIFICATION: All terms, conditions and provisions of this      Agreement shall remain in full force and effect unless modified, changed,      altered or amended, in writing, executed by authorized representatives of      both Parties. |
|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | IN WITNESS WHEREOF, the      Parties hereto have set their hands and seals effective on this day and      year first above written. |
|--------|-------------------------------------------------------------------------------------------------------------------------------------|

| EMPLOYEE:      Gary D. Pickett             |   | COMPANY:      Bovie Medical Corporation      |   |
|--------------------------------------------|--------|----------------------------------------------|--------|
|                                       |   |                                         |   |
| /S/ Gary D. Pickett                        |   | /S/ Andrew Makrides                          |   |
|   Gary      D. Pickett, Employee |   | Andrew      Makrides, CEO (Bovie)            |   |
|                                       |   |                                         |   |
|                                       |   |                                         |   |
|                                       |   | Moshe      Citronowicz, VP & COO (Bovie) |   |

|    |   |    |   |
|---------|--------|---------|--------|
| Witness |   | Witness |   |

| Employment      Agreement – Gary D. Pickett (06.18.07) | Page 5      of 5 |
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