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

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

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

|             (a) | (i) The Corporation      shall pay Employee an annual base salary (“Base Salary”) of one hundred      and fifty-five thousand dollars ($155,000) per annum, payable in      accordance with the usual payroll period of the    Corporation. |
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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 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: |
|--------|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (i) | interfere      with, disrupt or attempt to disrupt any past, present or prospective      relationship, contractual or otherwise ,      between the Corporation and any of its licensors, licensees,      clients, customers, suppliers, employees, consultants or other related      parties, or solicit or induce for hire any of the employees or agents of      the Corporation, or any such individual who in the past was employed or      retained by the Corporation within six (6) months of the termination of      said individual’s employment or retention by the Corporation;      or |
|--------|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (ii) | solicit      or accept employment or be retained by any party who, at any time during      the term of this Agreement, was a customer or supplier of the Corporation      or any of its affiliates or any licensor or licensee thereof where his      position will be related to the business of the Corporation;      or |
|--------|------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

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

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

|   | (A) | Material      breach by the Employee of Section 1, Section 5 or Section 6 of      this Agreement; |
|--------|-----|--------------------------------------------------------------------------------------------------------|

|   | (B) | Material      breach by the Employee of any provision of this Agreement other than      Section 5 or Section 6 which is not cured by the Employee within thirty      (30) days of notice thereof from the  Corporation; |
|--------|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (C) | Any      action by the Employee to intentionally harm the Corporation or any action      of gross negligence by the Employee;or |
|--------|-----|---------------------------------------------------------------------------------------------------------------------------------|

|   | (D) | The      conviction of the Employee of afelony. |
|--------|-----|-------------------------------------------------|

| (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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