Document:

Filed by Automated Filing Services Inc. (604) 609-0244 - Fox Petroleum Inc. - Exhibit 10.10

THE SECURITIES TO WHICH THIS SHARE PURCHASE AGREEMENT RELATES
HAVE NOT BEEN REGISTERED WITH THE SECURITIES AND EXCHANGE COMMISSION OR THE
SECURITIES COMMISSION OF ANY STATE, AND WILL BE ISSUED IN RELIANCE UPON AN
EXEMPTION FROM REGISTRATION UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE
“1933 ACT”), AND, ACCORDINGLY, MAY NOT BE OFFERED OR SOLD EXCEPT PURSUANT TO AN
EFFECTIVE REGISTRATION STATEMENT UNDER THE 1933 ACT OR PURSUANT TO AN AVAILABLE
EXEMPTION FROM, OR IN A TRANSACTION NOT SUBJECT TO, THE REGISTRATION
REQUIREMENTS OF THE 1933 ACT AND IN ACCORDANCE WITH APPLICABLE STATE SECURITIES
LAWS. 

SHARE PURCHASE AGREEMENT 

THIS SHARE PURCHASE and SALE AGREEMENT (the “Agreement”)
dated June 8th, 2007. 

AMONG: 

  
    
      
        
          ALEX CRAVEN, of 64 Knightsbridge, London,
            England SW1X 7JF 

          (the “Seller”) 

        

      

    

  

AND: 

  
    
      
        
          RICHARD MOORE, of 1115 Finchley Road, London,
            NW11 0QD 

          (the “Buyer”) 

        

      

    

  

WHEREAS: 

A.         
 The Seller is the beneficial owner of 15,000,000 restricted common shares
in the capital of Fox Petroleum Inc. (“Fox”); and,

B.           
The Seller has agreed to sell and the Buyer has agreed to purchase 6,000,000
restricted common shares in the capital of Fox (each a “Fox Share”) on
the terms and conditions hereinafter set forth. 

NOW THEREFORE, in consideration of other good and
valuable consideration and the sum of One ($1.00) Dollar now paid by the
Purchasers to the Vendors (the receipt and sufficiency of which is hereby
acknowledged), it is hereby agreed by and between the parties as follows: 

1.                          
Warranties and Representations 

1.1                        
The Seller warrants and represents to the Buyer, with the intent that the Buyer
will rely thereon in entering into this Agreement and in concluding the purchase
and sale contemplated herein, that: 

	 	(a) 	
      the Seller is the beneficial owner of the Fox
    Shares;

	 	 	 
	 	(b) 	
      the Fox Shares are validly issued and outstanding as
      fully paid and non-assessable in the capital of Fox and are free and clear
      of all liens, charges and encumbrances;

	 	(c) 	
      the Seller has the power and capacity and good and
      sufficient right and authority to enter into this Agreement on the terms
      and conditions herein set forth; and,

	 	 	 
	 	(d) 	
      None of the information included in this Agreement or any
      other documents or information furnished or to be furnished by the Seller
      contains any untrue statement of a material fact or is misleading in any
      material respect or omits to state any material fact. Copies of all
      documents referred to in herein have been delivered or made available to
      the Buyer and constitute true and complete copies
  thereof.

1.2                        
The Buyer warrants and represents to the Seller, with the intent that the Seller
will rely thereon in entering into this Agreement and in concluding the purchase
and sale contemplated herein, that:

	 	(a) 	
      the Buyer has the power and capacity and good and
      sufficient right and authority to enter into this Agreement on the terms
      and conditions herein set forth;

	 	 	 
	 	(b) 	
      the Buyer is an employee of Fox; and,

	 	 	 
	 	(c) 	
      The Buyer, either alone or together with its
      representatives, has such knowledge, sophistication and experience in
      business and financial matters so as to be capable of evaluating the
      merits and risks of the prospective investment in the Fox Shares, and has
      so evaluated the merits and risks of such investment. The Purchaser is
      able to bear the economic risk of an investment in the Fox Shares and, at
      the present time, is able to afford a complete loss of such
    investment.

	 	 	 
	 	(d) 	
      the Fox Shares delivered pursuant to this Agreement are
      owned by an affiliate of the Company and accordingly are restricted
      securities as that term is defined in Rule 144 of the Securities Act of
      1933 (the “Act”). As such, upon transfer of the Fox Shares to the Buyer,
      the Buyer will begin a new holding period as set forth in Rule 144 and the
      Fox Shares may not be resold without registration or pursuant to an
      exemption from registration for the holding period set forth in Rule 144.
      Accordingly, certificates issued to the Buyer will contain an appropriate
      restrictive legend.

2.                         
 Independent Legal Advice 

2.1                        
The Seller and the Buyer understand and agree that Clark Wilson LLP has acted
solely for Fox in the negotiation and execution of this Agreement and Clark
Wilson LLP has advised the Seller and the Buyer to obtain the advice of his
independent legal counsel. 

3.                          
Purchase and Sale 

3.1                        
On the basis of the warranties and representations of the Seller and the Buyer,
as set forth in Section 1 of this Agreement, and subject to the terms and
conditions of this Agreement, the Buyer agrees to purchase from the Seller and
the Seller agrees to sell to the Buyer at total of 6,000,000 Fox Shares for the
purchase price of $1.00 (the “Purchase Price”) to be paid to the Seller on the
Closing Date (hereinafter defined). 

3.2                        
The Buyer acknowledges and agrees that the Fox Shares are being issued pursuant
to an exemption from the prospectus and registration requirements of the 1933
Act. As required by applicable securities law, the Buyer agrees to abide by all
applicable resale restrictions and hold periods imposed by all applicable
securities legislation. All certificates representing the Fox Shares issued on
Closing will be endorsed with a restrictive legend in substantially the
following form pursuant to the 1933 Act in order to reflect the fact that the
Fox Shares may not be sold by the Buyer except pursuant to an effective
registration statement under the 1933 Act or pursuant to an available exemption
from, or in a transaction 

not subject to, the registration requirements of the 1933 Act
and in accordance with applicable state securities laws: 

  
    THE SECURITIES REPRESENTED BY THIS CERTIFICATE HAVE NOT
      BEEN REGISTERED WITH THE SECURITIES AND EXCHANGE COMMISSION OR THE SECURITIES
      COMMISSION OF ANY STATE, AND WILL BE ISSUED IN RELIANCE UPON AN EXEMPTION
      FROM REGISTRATION UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE “1933
      ACT”), AND, ACCORDINGLY, MAY NOT BE OFFERED OR SOLD EXCEPT PURSUANT
      TO AN EFFECTIVE REGISTRATION STATEMENT UNDER THE 1933 ACT OR PURSUANT TO
      AN AVAILABLE EXEMPTION FROM, OR IN A TRANSACTION NOT SUBJECT TO, THE REGISTRATION
      REQUIREMENTS OF THE 1933 ACT AND IN ACCORDANCE WITH APPLICABLE STATE SECURITIES
      LAWS. 

  

4.                          
Closing Date 

4.1                        
The Closing Date is the date of the closing of this Agreement, as agreed to by
the parties. 

5.                          
Closing Deliveries 

5.1                        
On the Closing Date of this Agreement, the Seller shall deliver or cause to be
delivered to Clark Wilson LLP, pursuant to an Escrow Agreement between the
Buyer, the Seller and Clark Wilson LLP (the “Escrow Agreement”), the Share
Certificates representing the Fox Shares, and a stock power of attorney,
signature guaranteed as required by the transfer agent of Fox, to Clark Wilson
LLP and any other document reasonably requested by the Buyer or Buyer’s Counsel
or Clark Wilson LLP. 

5.2                        
On the Closing Date of this Agreement, the Buyer shall deliver or cause to be
delivered to the Seller the following

	 	(i) 	
      the amount of the Purchase Price in United States dollars
      in the form of a bank draft or certified cheque;

	 	 	 
	 	(ii) 	
      a completed and executed Accredited Investor Certificate
      and Questionnaire, which is attached to this Agreement in Schedule 1;
      and,

	 	 	 
	 	(iii) 	
      any other document reasonably requested by the Seller,
      Fox or their respective Counsel.

6.                          
Successors and Assigns

6.1                        
This Agreement shall be binding upon and inure to the benefit of the parties and
their successors and permitted assigns. None of the Seller or the Buyer may
assign its respective rights under this Agreement.

7.                          
General Provisions 

7.1                        
Time is of the essence of this Agreement. 

7.2                        
The parties will execute and deliver all such further documents and instruments
and do all acts and things as may be necessary or convenient to carry out the
full intent and meaning of and to effect the transactions contemplated by this
Agreement. 

7.3                        
This Agreement is the whole agreement between the parties hereto in respect of
the purchase and sale contemplated hereby and there are no warranties,
representations, terms, conditions, or 

collateral agreements expressed or implied, statutory or
otherwise, other than expressly set forth in this Agreement. 

7.4                        
All dollar amounts referred to in this Agreement are in lawful money of the
United States of America. 

7.5                        
This Agreement may be executed in several counterparts, each of which will be
deemed to be an original and all of which will together constitute one and the
same instrument. 

7.6                        
Delivery of an executed copy of this Agreement by electronic facsimile
transmission or other means of electronic communication capable of producing a
printed copy will be deemed to be execution and delivery of this Agreement as of
the date set forth on page one of this Agreement. 

7.7                        
Any notice required or permitted to be given to any of the parties to this
Agreement will be in writing and may be given by prepaid registered post,
electronic facsimile transmission or other means of electronic communication
capable of producing a printed copy to the address of such party first stated
above or such other address as any party may specify by notice in writing to the
other parties and any such notice will be deemed to have been given and received
by the party to whom it was addressed if mailed, on the fifth day following the
mailing thereof, if by facsimile or other electronic communication, on
successful transmission, or, if delivered, on delivery; but if at the time of
mailing or between the time of mailing and the fifth business day thereafter
there is a strike, lockout, or other labour disturbance affecting postal
service, then the notice will not be effectively given until actually delivered.

7.8                        
This Agreement will be governed by and construed in accordance with the law of
the State of Nevada and the parties hereby attorn to the jurisdiction of the
Courts of competent jurisdiction of the State of Nevada in any proceeding
hereunder. 

IN WITNESS WHEREOF the parties hereto have executed this
Agreement as of the date first written above. 

	WITNESSED BY: /s/ M.C. Staffberg 	) 	  
	 	) 	  
	M. C. Staffberg
	) 	  
	Name 	) 	  
	64 Knightsbridge
    	) 	  
	Address 	) 	/s/
      Alex Craven 
	 	) 	ALEX CRAVEN 
	 	) 	  
	Administrator 	) 	  
	Occupation 	) 	  
	 	  	  
	WITNESSED BY: /s/ A. Shapino 	) 	  
	 	) 	  
	A. Shapino 	) 	  
	Name 	) 	  
	64 Knightsbridge
    	) 	  
	Address 	) 	/s/
      Richard Moore 
	London SW1X 7JF
	) 	RICHARD MOORE 
	 	) 	  
	 	) 	  
	Occupation 	) 	  

SCHEDULE 1 

Accredited Investor Certificate and Questionnaire 

In connection with the sale of the Fox Shares, to the
undersigned, pursuant to the Share Purchase Agreement dated April ___,
2007 (the “Agreement”), among Alex Craven (the “Seller”) and
the undersigned, the undersigned hereby agrees, represents and warrants that:

1.            
The Seller and Fox are entitled to rely on the acknowledgements, agreements,
representations and warranties and the statements and answers of the undersigned
contained in the Agreement and this questionnaire, and the undersigned will hold
harmless the Seller and Fox from any loss or damage either one may suffer as a
result of any such acknowledgements, agreements, representations and/or
warranties made by the undersigned not being true and correct; 

2.            
the undersigned has been advised to consult his own respective legal, tax and
other advisors with respect to the merits and risks of an investment in the Fox
Shares and, with respect to applicable resale restrictions, is solely
responsible (and the Seller and Fox are not in any way responsible) for
compliance with applicable resale restrictions; 

3.            
none of the Fox Shares are listed on any stock exchange or automated dealer
quotation system and no representation has been made to the undersigned that any
of the Fox Common Stock will become listed on any stock exchange or automated
dealer quotation system, except that currently certain market makers make market
in the common shares of Fox on the Over the Counter Bulletin Board; 

4.            
neither the SEC nor any other securities commission or similar regulatory
authority has reviewed or passed on the merits of the Fox Shares; 

5.            
the address of the undersigned included herein is the sole address of the
undersigned as of the date of this certificate. 

6.            
No person has made to the undersigned any written or oral representations: (i)
that any person will resell or repurchase any of the Fox Shares; (ii) that any
person will refund the purchase price of any of the Fox Shares; (iii) as to the
future price or value of any of the Fox Shares; or (iv) that any of the Fox
Shares will be listed and posted for trading on any stock exchange or automated
dealer quotation system or that application has been made to list and post any
of the Fox Shares on any stock exchange or automated dealer quotation system,
except that currently certain market makers make market in the common shares of
Fox on the Over the Counter Bulletin Board; 

7.            
The undersigned acknowledges and agrees that the shareholder may be required by
the Seller or Fox to provide such additional documentation as may be reasonably
required by the Seller or Fox and any of their legal counsel in determining the
undersigned’s eligibility to acquire the Fox Shares under the applicable
legislation. 

8.            
The following questionnaire (“Questionnaire”) is for use by the
undersigned, who is a U.S. person (as that term is defined Regulation S of the
United States Securities Act of 1933 (the “1933 Act”)) and is acquiring shares
of Fox (the “Company”). The purpose of this Questionnaire is to assure
the Seller and Fox that the undersigned will meet the standards imposed by the
1933 Act and the appropriate exemptions of applicable state securities laws. The
Seller and Fox will rely on the information contained in this Questionnaire for
the purposes of such determination. The Fox Shares will not be registered under
the 1933 Act in reliance upon the exemption from registration afforded by
Section 3(b), Section 4(2) 

and/or Regulation D of the 1933 Act. This Questionnaire is not
an offer of the Fox Shares or any other securities of Fox in any state other
than those specifically authorized by Fox. 

All information contained in this Questionnaire will be treated
as confidential. However, by signing and returning this Questionnaire, the
undersigned agrees that, if necessary, this Questionnaire may be presented to
such parties as the Seller or Fox deems appropriate to establish the
availability, under the 1933 Act or applicable state securities law, of
exemption from registration in connection with the sale of the Shares hereunder.

The undersigned covenants, represents and warrants to Fox that
he satisfies one or more of the categories of “Accredited Investors”, as defined
by Regulation D promulgated under the 1933 Act, as indicated below:

	_____   	Category 1 	
      An organization described in Section 501(c)(3) of the
      United States Internal Revenue Code, a corporation, a Massachusetts or
      similar business trust or partnership, not formed for the specific purpose
      of acquiring the Shares, with total assets in excess of US $5,000,000;
    

	 	  	
       

	_____   	Category 2 	
      A natural person whose individual net worth, or joint net
      worth with that person's spouse, on the date of purchase exceeds US
      $1,000,000; 

	 	  	
       

	_____   	Category 3 	
      A natural person who had an individual income in excess
      of US $200,000 in each of the two most recent years or joint income with
      that person's spouse in excess of US $300,000 in each of those years and
      has a reasonable expectation of reaching the same income level in the
      current year; 

	 	  	
       

	_____   	Category 4 	
      A "bank" as defined under Section (3)(a)(2) of the 1933
      Act or savings and loan association or other institution as defined in
      Section 3(a)(5)(A) of the 1933 Act acting in its individual or fiduciary
      capacity; a broker dealer registered pursuant to Section 15 of the
      Securities Exchange Act of 1934 (United States); an insurance
      company as defined in Section 2(13) of the 1933 Act; an investment company
      registered under the Investment Company Act of 1940 (United States)
      or a business development company as defined in Section 2(a)(48) of such
      Act; a Small Business Investment Company licensed by the U.S. Small
      Business Administration under Section 301(c) or (d) of the Small
      Business Investment Act of 1958 (United States); a plan with total
      assets in excess of $5,000,000 established and maintained by a state, a
      political subdivision thereof, or an agency or instrumentality of a state
      or a political subdivision thereof, for the benefit of its employees; an
      employee benefit plan within the meaning of the Employee Retirement
      Income Security Act of 1974 (United States) whose investment
      decisions are made by a plan fiduciary, as defined in Section 3(21) of
      such Act, which is either a bank, savings and loan association, insurance
      company or registered investment adviser, or if the employee benefit plan
      has total assets in excess of $5,000,000, or, if a self-directed plan,
      whose investment decisions are made solely by persons that are accredited
      investors; 

	_____ 	Category 5 	
      A private business development company as defined in
      Section 202(a)(22) of the Investment Advisers Act of 1940 (United
      States); 

	  	 	
       

	x____ 	Category 6 	
      A director or executive officer of Fox; 

	  	 	
       

	_____ 	Category 7 	
      A trust with total assets in excess of $5,000,000, not
      formed for the specific purpose of acquiring the Shares, whose purchase is
      directed by a sophisticated person as described in Rule 506(b)(2)(ii)
      under the 1933 Act; 

	  	 	
       

	_____ 	Category 8 	
      An entity in which all of the equity owners satisfy the
      requirements of one or more of the foregoing categories;

Note that where the undersigned claims to satisfy one of the
above categories of Accredited Investor, he may be required to supply the Seller
or Fox with a balance sheet, the prior years' federal income tax returns or
other appropriate documentation to verify and substantiate the undersigned's
status as an Accredited Investor. 

If the undersigned is an entity which initialled Category 8 in
reliance upon the Accredited Investor categories above, state the name, address,
total personal income from all sources for the previous calendar year, and the
net worth (exclusive of home, home furnishings and personal automobiles) for
each equity owner of the said entity: 

________________________________________________________________________

The undersigned hereby certifies that the information contained
in this Accredited Investor Certificate and Questionnaire is complete and
accurate and the undersigned will notify the Seller and Fox promptly of any
change in any such information. If this Accredited Investor Certificate and
Questionnaire is being completed on behalf of a corporation, partnership, trust
or estate, the person executing on behalf of the undersigned represents that it
has the authority to execute and deliver this Accredited Investor Certificate
and Questionnaire on behalf of such entity. 

IN WITNESS WHEREOF, the undersigned has executed this
Accredited Investor Certificate and Questionnaire as of June 8, 2007. 

	If a Corporation, Partnership or Other Entity: 	 	If an Individual: 
	  	 	
	 	 	/s/ Richard Moore 
	Print or Type Name of Entity 	 	Signature 
	 	 	 
	  	 	Richard Moore 
	Signature of Authorized Signatory 	 	Print or Type Name 
	 	 	 
	  	 	  
	Type of Entity 	 	Social Security/Tax I.D. NumberWWW.EXFILE.COM -- 15212 --MATRITECH, INC. -- EXHIBIT 10.1 TO FORM 8-K

    EXHIBIT
      10.1

    Amended
      and Restated Change of Control Agreement

     

    Matritech,
      Inc. (the “Company”) and the undersigned employee (“Executive”) hereby
      enter into this Amended and Restated Change of Control Agreement (“Agreement”),
      effective June 11, 2007.  This Agreement replaces and supersedes the
      original Change of Control Agreement between the parties dated March 16,
      2006.

    

    1.           Purpose.  The
      Company considers it essential to the best interests of its stockholders to
      foster the continuous and dedicated employment of its executive officers and
      other key management personnel.  The Compensation Committee of Board
      of Directors of the Company recognizes, however, that competition for key
      management personnel is keen and that, as a small publicly held corporation,
      the
      Company may face special challenges in ensuring the continued commitment of
      its
      management.  To assist in ensuring that executive officers and other
      key management personnel do not become distracted or consider leaving the employ
      of the Company due to concerns about their employment security in the event
      of a
      possible Change in Control (as defined in Section 2 hereof), the Committee
      has
      determined that appropriate steps should be taken to reinforce and encourage
      the
      continued attention and dedication of selected members of the Company’s
      management, including the Executive.  Nothing in this Agreement shall
      be construed as creating an express or implied contract of employment and,
      except as otherwise agreed in writing between the Executive and the Company,
      the
      Executive shall not have any right to be retained in the employ of the
      Company.

    

    2.           Definitions.

    

    
      	
              (a)          
                  

            	
              “Change
                of Control Transaction” shall mean any transaction involving the
                occurrence of (x) a change in the ownership of the Company (as defined
                in
                section 1.409A-3(g)(5)(v) of the proposed regulations under Internal
                Revenue Code section 409A or any similar provisions of any successor
                regulations), or (y) a change in effective control of the Company
                (as
                defined in section 1.409A-3(g)(5)(vi) of the proposed regulations
                under
                Internal Revenue Code section 409A or any similar provisions of any
                successor regulations) or (z) a change in the ownership of a substantial
                portion of the assets of the Company (as defined in section
                1.409A-3(g)(5)(vii) of the proposed regulations under Internal Revenue
                Code section 409A or any similar provisions of any successor
                regulations).

            

    

    

    
      	
              (b)          
                  

            	
              “Good
                Reason” shall mean (a) any substantial diminution, without the Executive’s
                prior written consent, in duties and responsibilities, as in effect
                immediately prior to the Change of Control Transaction; (b) any reduction
                in the Executive’s base salary,  target annual bonus or benefits
                as in effect on the date hereof or as

            

    

    

    
      
         

      

      
        1

        
          

        

      

      
         

      

      
        

        
          	
                            

                	
                  the
                    same may be increased prior to the Change of Control Transaction,
                    except
                    for across-the-board salary or benefit reductions similarly affecting
                    all
                    or substantially all management employees; or (c) any requirement
                    by the
                    Company that the Executive perform his/her principal duties at
                    a location
                    more than 50 miles radius from the location at which the Executive
                    performed such duties immediately prior to the Change of Control
                    Transaction.

                

        

         

      

    

    3.           Entitlement
      to Change of Control Severance Benefits.  In the event the
      Executive’s employment with the Company is terminated by the Company without
      cause within three (3) months prior to or within twelve (12) months after a
      Change of Control Transaction (as defined herein) or in the event the Executive
      terminates his/her employment for Good Reason (as defined herein) within twelve
      (12) months after a Change of Control Transaction, the Executive shall receive
      compensation as set forth in Section 4 of this Agreement, provided,
      however, that in order to obtain benefits following a termination by the
      Executive for Good Reason, the Executive must give written notice to the Company
      within 90 days of when the Executive first becomes aware of the grounds
      providing Good Reason for termination and further provided that the
      Executive’s entitlement, if any, to Change of Control Severance Benefits shall
      automatically cease in the event the Executive violates any covenant or
      agreement contained in Section 6 hereof or in the Non-Disclosure and Inventions
      Agreement previously executed by the Executive (or any substitute or successor
      agreement of similar import which the Executive may hereafter enter into with
      the Company).

    

    4.           Change
      of Control Severance Benefits.  The compensation to be provided to
      the Executive by the Company if the Executive becomes entitled to Change of
      Control Severance Benefits under this Agreement shall include: (a) base salary
      at the rate in effect as of the date of termination or, if the Executive has
      terminated his/her employment for Good Reason due to a reduction in his or
      her
      base salary, the annual rate of base salary in effect immediately prior to
      such
      reduction, (b) annual bonus, in cash, at the target percentage of base salary
      in
      effect as of the date of termination or, if the Executive has terminated his/her
      employment for Good Reason due to a reduction in his or her base salary or
      target annual bonus, the target percentage of base salary in effect immediately
      prior to such reduction and (c) health insurance, life insurance and disability
      insurance received by the Executive as of the date of termination or, if the
      Executive has terminated his/her employment for Good Reason due to a reduction
      in his or her benefits, the benefits received by the Executive immediately
      prior
      to such reduction (collectively, the “Change of Control Severance
      Benefits”).

    

    5.          
      Payment
      of the Change of Control Severance Benefits.  The Change of
      Control Severance Benefits described in clauses (a), (b) and (c) of Section
      4
      above shall be provided to the Executive for a period of twelve (12) months
      following termination of employment; provided that such number of months of
      base
      salary and target annual bonus shall determine the amount of payments to be
      made
      under clauses (a) and (b) of Section 4, but the timing of payments shall be
      governed by this Section 5.  Payments to 

     

    
      
         

      

      
        2

        
          

        

      

      
         

      

    

    be
      made
      by the Company to the Executive pursuant to clauses (a) and (b) of Section
      4
      hereof shall initially be made on whatever the then customary payment schedule
      is for compensation of executive employees of the Company (i.e. monthly,
      bi-weekly, or the like).  However, all payments due under clauses (a)
      and (b) of Section 4 of this Agreement but not yet made on or before March
      12 of
      the first calendar year following the termination which results in entitlement
      to the Change of Control Severance Benefits shall be accelerated and paid on
      that March 12 date.

    

    The
      payments to be made pursuant to clauses (a) and (b) of Section 4 and the
      benefits to be provided pursuant to clause (c) of Section 4 shall not be
      considered employee compensation or be subject to tax withholding by the
      Company.  Rather they shall be made in exchange for the Executive’s
      covenant not to compete, as set forth in Section 6(a) hereof.  If, at
      any time, the payments made pursuant to clauses (a) and (b) of Section 4 and
      benefits provided pursuant to clause (c) of Section 4 are determined by any
      state or federal taxing authority to be employee compensation, then the Company
      agrees to pay its share of FICA and Medicare tax on such payments, plus any
      interest or penalty that may be due as a result of the taxing authority’s
      determination and that relates to the Company’s unpaid tax.

    

    In
      the
      event the Executive secures a new employment position during the period of
      the
      Company’s continuing payment of compensation to him/her, the Executive shall
      promptly notify the Company of the commencement of the new employment position
      and shall inform the Company of the extent to which benefits to be provided
      by
      the Company under clause (c) above are duplicative of benefits then available
      to
      the Executive through his/her new employment position.  To the extent
      that the benefits to be provided by the Company hereunder are duplicative,
      the
      Company shall be entitled to cease provision of such
      benefits.  Nothing contained herein shall, however, be construed as
      reducing the obligation of the Company to continue to make the payment due
      under
      clauses (a) and (b) of Section 4.

    

    The
      Company agrees that, if the Executive’s employment by the Company is terminated
      and the Executive becomes entitled to receive any Change of Control Severance
      Benefits hereunder, the Executive is not required to seek other employment
      or to
      attempt in any way to reduce any amounts payable to the Executive by the Company
      pursuant to Sections 5 or 7 hereof.  Further, except for the possible
      abatement of fringe benefits described in clause (c) of Section 4 in the
      circumstances set forth in the preceding paragraph, and the possible reduction
      of payments as a result of the application of the provisions of Section 8
      hereof, the amount of any payment provided for in this Agreement shall not
      be
      reduced by any compensation earned by the Executive as the result of employment
      by another employer, by self-employment or consulting, by retirement benefits,
      by disability benefits, by offset against any amount claimed to be owed by
      the
      Executive to the Company, or otherwise.

     

     

     

    
 

    
      
         

      

      
        3

        
          

        

      

      
         

      

    

    6.          
      Non-competition;
      Non-solicitation.

     

    (a)  Non-compete.  The
      Executive acknowledges that he/she has gained or will gain extensive and
      valuable experience and knowledge in the business conducted by the Company
      and
      has had or will have extensive contacts with the customers, suppliers,
      investors, employees and/or consultants of the Company.  The Executive
      recognizes that it is critical to the ongoing success of the Company that it
      preserve its goodwill and protect its proprietary rights and its other important
      business interests.

    

    Accordingly,
      the Executive agrees that he/she will not, while employed by the Company and,
      in
      the event the Executive becomes entitled to receive Change of Control Severance
      Benefits hereunder, for the duration of time covered by the payments under
      clauses (a) and (b) of Section 4 of this Agreement (without regard to the
      acceleration of payment provisions of Section 5), directly or indirectly, engage
      in (whether as an officer, employee, consultant, director, proprietor, agent,
      partner or otherwise) or have an ownership interest in, or participate in the
      financing, operation, management or control of, any person, firm, corporation
      or
      business engaged in competition with the Company or any of its subsidiaries
      or
      affiliates in the business of development, manufacture, marketing, distribution
      and licensing of cancer diagnostic technologies, products and
      services.  It is agreed that ownership of no more than 4.9% of the
      outstanding voting stock of a corporation shall not constitute a violation
      of
      this provision.  In recognition of the fact that the Company’s
      business is global, the territory to which the restrictions contained in this
      Section 6(a) shall apply shall be worldwide.

    

    The
      Company may, in its sole discretion, waive the foregoing restrictions or their
      application in any particular circumstance and may condition any such waiver
      upon receipt of assurances satisfactory to the Company, from the Executive
      and/or others, that the Executive’s proposed activity will not adversely affect
      the Company’s goodwill, proprietary rights or other important business
      interests.

    

    (b)  Non-solicitation.  The
      Executive agrees that he/she will not, while employed by the Company and, in
      the
      event the Executive becomes entitled to receive Change of Control Severance
      Benefits hereunder, for the duration of time covered by the payments under
      clauses (a) and (b) of Section 4 of this Agreement (without regard to the
      acceleration of payment provisions of Section 5), recruit or otherwise solicit,
      entice and induce (i) any persons or companies who are or have recently been
      customers, suppliers or business patronage of the Company or any of its
      subsidiaries or affiliates if such solicitation is for the purpose of, or
      results in, competition with the Company or any of its subsidiaries or
      affiliates, or (ii) any employees of the Company or any of its subsidiaries
      or
      affiliates to terminate their employment with, or otherwise cease their
      relationships with the Company or any of its subsidiaries or affiliates, in
      order to engage in any activity for any business, firm, corporation or any
      other
      entity that conducts research with respect to, develops, produces or
      manufactures any products or technologies or provides services similar to those
      developed, produced, manufactured or provided by the Company.

    

    
      
         

      

      
        4

        
          

        

      

      
         

      

    

    7.           Other
      Change of Control Payments.  In the event of a Change of Control
      Transaction, the Executive shall receive, in a lump sum payment paid within
      thirty (30) days of the Change of Control Transaction, (i) a pro-rated incentive
      bonus based on the portion of the then current fiscal year completed at the
      time
      of the Change of Control Transaction compared to the Executive’s target annual
      bonus for such year and (ii) all deferred compensation, if any, then maintained
      in the Executive’s account, including without limitation all restricted stock
      issued pursuant to the Amended and Restated Management Bonus Plan, whether
      or
      not otherwise vested, and all other restricted stock which by the terms of
      the
      individual restricted stock award agreement is to be vested upon an Acquisition
      (as defined in such individual agreements).  All payments to be made
      by the Company under this Section 7 shall be net of any tax or other amounts
      required to be withheld by the Company under applicable law.

    

    8.           Application
      of Section 280G of the Internal Revenue Code.  If the payments and
      benefits provided for in this Agreement, together with any other payments or
      benefits which the Executive has the right to receive from the Company (or
      any
      of its subsidiaries or affiliates), would constitute an “excess parachute
      payment” (as defined in Section 280G of the Internal Revenue Code) or would
      otherwise be non-deductible by the Company as a result of application of any
      similar statutory or regulatory provision, the Executive shall receive either
      (a) all compensation and benefits provided for him or her under this Agreement
      or (b) the maximum of compensation and benefits that will avoid an excess
      parachute payment under Section 280G, whichever would provide the greater
      after-tax benefit to the Executive.   In the event that clause
      (b) of this Section 8 provides the greater after-tax benefit, the Executive
      shall be entitled to select the items to be abated, provided that if the
      Executive fails to make such selection within forty-five (45) days after the
      Company has given notice of the need for such abatement, the Company may
      determine the method of such abatement in its sole discretion.  If the
      Executive is to receive benefits under clause (b) of this Section 8 and through
      error or otherwise the Executive receives payments, together with other payments
      the Executive has the right to receive from the Company (or its affiliates
      or
      subsidiaries) in excess of 2.99 time the Executive’s base amount, the Executive
      agrees to immediately refund the overpayment to the Company, together with
      interest thereon at the applicable Federal rate determined under Section 1274(d)
      of the Code, compounded annually, or at such other rate as may be required
      in
      order that no such payments shall be nondeductible to the Company by reason
      of
      the operation of Section 280G or any similar statutory or regulatory
      provision.

    

    9.           Notices.  Any
      notice, request, demand, and other communication provided for or permitted
      by
      this Agreement shall be sufficient if in writing and delivered in person or
      sent
      by registered or certified mail, postage prepaid, or by overnight delivery
      service, to the Executive at the last address the Executive has filed in writing
      with the Company, or to the Company at its main office, attention of the Board
      of Directors.

    

    10.    
          Amendments.  This Agreement may be
      amended or modified only by a written instrument signed by the Executive and
      by
      a duly authorized representative of the Company.

    

    
      
         

      

      
        5

        
          

        

      

      
         

      

    

    11.        
      Assignment.  Except
      for an assignment by the Company in connection with a Change of Control
      Transaction in which the successor, if other than the Company, shall assume
      and
      agree to perform this Agreement in writing, neither the Company nor the
      Executive may make any assignment of this Agreement or any interest herein,
      by
      operation of law or otherwise, without the prior written consent of the other
      party, and without such consent any attempted transfer shall be null and void
      and of no effect.  This Agreement shall inure to the benefit of and be
      binding upon the Company and the Executive, their respective successors,
      executors, administrators, heirs and permitted assigns.  In the event
      of the Executive’s death after he/she becomes entitled to the Change of Control
      Severance Benefits or other Change of Control Payments but prior to the
      completion by the Company of all payments due him or her under this Agreement,
      the Company shall continue such payments to the Executive’s beneficiary
      designated in writing to the Company prior to his or her death (or to his or
      her
      estate, if the Executive fails to make such designation).

    

    12. 
        Entire
      Agreement; Integration with Employment Agreement dated July 1,
      1998.  Except as expressly set forth herein, this Agreement
      supersedes all prior Agreements, whether written or oral with respect to the
      subject matter hereof.  Notwithstanding the foregoing, the
      Non-Disclosure and Inventions Agreement executed by the Executive (or any
      substitute or successor agreement of similar import which the Executive may
      hereafter enter into with the Company) and individual restricted stock award
      agreements executed prior to or after this Agreement between the Executive
      and
      the Company shall remain in full force and effect in accordance with its
      terms.

    

    Any
      termination of employment which triggers entitlement to benefits under Section
      3
      of this Agreement shall also be deemed to constitute notice of termination
      of
      employment under the Employment Agreement dated July 1, 1998 by and between
      the
      Executive and ADL GmbH (now Matritech GmbH).  The Executive and the
      Company agree that all benefits described in Section 4 of this Agreement that
      are paid to the Executive shall directly reduce any damages or other payments
      to
      which the Executive may be entitled due to termination of the Employment
      Agreement or otherwise under the laws of Germany.

    

    13.         Obligations
      of Successors.  In addition to any obligations imposed by law upon
      any successor to the Company, the Company will use commercially reasonable
      efforts to require any successor (whether direct or indirect, by purchase,
      merger, consolidation or otherwise) to all or substantially all of the business
      or assets of the Company to expressly assume and agree to perform this Agreement
      in the same manner and to the same extent that the Company would be required
      to
      perform if no such succession had taken place.

    

    14.         Dispute
      Resolution.  In the event of any dispute between the Company and
      the Executive as to any claim arising out of or relating to this Agreement
      or
      the breach thereof, the parties shall endeavor in good faith to settle the
      dispute through mediation using a professional mediator mutually selected by
      them.  If the dispute has not been

     

    
      
         

      

      
        6

        
          

        

      

      
         

      

    

    resolved
      within 90 days, either party shall be free to pursue legal remedies, at law
      or
      in equity.

    

    15.         Severability.  If
      any term or provision of this Agreement is declared by a court of competent
      jurisdiction to be invalid or unenforceable for any reason, this Agreement
      shall
      remain in full force and effect, and either (a) the invalid or unenforceable
      provision shall be modified to the minimum extent necessary to make it valid
      and
      enforceable, or (b) if such a modification is not possible, this Agreement
      shall
      be interpreted as if such invalid or unenforceable provisions were not a part
      hereof.

    

    16.         Governing
      Law and Venue. This Agreement shall be construed and enforced in accordance
      with the substantive law of the Commonwealth of Massachusetts, without giving
      effect to its conflicts of law principles.  The parties agree that any
      litigation pertaining to this Agreement shall be maintained exclusively in
      the
      courts of general jurisdiction located in Massachusetts, and each party agrees
      to submit to the jurisdiction and venue of any such
      court.  Notwithstanding the foregoing, the Company shall be entitled
      to file litigation against the Executive in any jurisdiction where by Company
      deems it necessary or advisable to do so in order to enforce the provisions
      of
      Section 6 hereof.

    

    In
      Witness Whereof, the parties have executed this Agreement effective as of June
      11, 2007.

     

     

    
      	Matritech,
              Inc. 	 	 	Executive	 
	 	 	 	 	 
	 	 	 	 	 
	
              By: 
/s/
                David L. Corbet

            	 	 	
              /s/
                Franz
                Maier

            	 
	
              Its
                President and
                COO

            	 	 	
            	 

    

     

    
 

                                                                                        

    

    

    

    

            

               

    

     

    
      
         

      

      
        7

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