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| 1. | EMPL0YMENTDUTIES |
|----|------------------|

| 2. | EMPLOYMENTTERM |
|----|----------------|

| 3. | COMPENSATION |
|----|--------------|

|             (a) | (i) The Corporation      shall pay Employee an annual base salary (“Base Salary”) of two hundred      thousand dollars ($200,000) per annum, payable in accordance with the      usual payroll period of theCorporation. |
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| 4. | REPRESENTATIONS AND      WARRANTIES BY EMPLOYEE ANDCORPORATION |
|----|----------------------------------------------------------------|

| 5. | NON-COMPETITION |
|----|-----------------|

|   | (a) | Employee      understands and recognizes that his services to the Corporation are      special and unique and agrees that, during the term of this Agreement and      for a period of two (2) years following the termination of the Employee’s      employment with the Corporation (or one (1) year in the event that the      Employee is terminated within 1 year of the Effective Date), employee      shall not in any manner, directly or indirectly, on behalf of himself or      any person, firm, partnership, joint venture, corporation or other      business entity (‘Person”), enter into or engage in any business      competitive with the Corporation’s business or research activities, either      as an individual for his own account, or as a partner, joint venturer,      executive, agent, consultant, salesperson, officer, director of a Person      operating or intending to operate in the area of the use of any of the      compounds owned or licensed by the Corporation during the time of his      employ. |
|--------|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (b) | During the Term and for two      (2) years (or one (1) year in the event that the Employee is terminated      within 1 year of the Effective Date) following the termination of the      Employee’s employment with the Corporation, Employee shall not, directly      or indirectly, without the prior written consent of the      Corporation: |
|--------|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 6. | CONFIDENTIALINFORMATION |
|----|-------------------------|

| 7. | TERMINATION |
|----|-------------|

| (A)   | Material      diminution of base salary; |
|-----------------|------------------------------------------|

| (B)   | Material      diminution of the Employee’s authority, duties or      responsibilities; |
|-----------------|----------------------------------------------------------------------------------------------|

| (C)   | Material      change in the geographic location in which the Employee provides services      to the Corporation; or |
|-----------------|---------------------------------------------------------------------------------------------------------------------|

| (D)   | Material      breach by the Corporation of any provision of this Agreement which is not      cured by the Corporation within thirty (30) days of notice thereof from      the Employee. |
|-----------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

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