Document:

Exhibit 10.2

      Agreement Between Competitive Technologies, Inc. and
                     LawFinance Group, Inc.

     This Agreement is made and entered into as of October 21,
2003 by and between:  Competitive Technologies, Inc., c/o Paul A.
Levitsky, Esq., Vice President and General Counsel, 1960 Bronson
Road, Fairfield, Connecticut  06824 (hereafter, "SELLER"); and
LawFinance Group, Inc., a California corporation, 1000 Sansome
Street, Suite 250, San Francisco, California, 94111 (hereafter,
"PURCHASER").

             THE PARTIES AGREE, AS FOLLOWS:

1.   Definitions.  The following definitions shall apply to terms
used in this Agreement:

1.1. "Adverse Party" - refers to AMERICAN CYANAMID COMPANY and
any other or later added party(ies) in the Litigation, whose
interests are or may become adverse to Plaintiffs or SELLER.

1.2. "Agreement" - refers to this agreement, all documents
described herein as Exhibits and documents referred herein as
part of this agreement.

1.3. "Appeal" - refers to the appeal of the Lawsuit currently
pending in the UNITED STATES COURT OF APPEALS FOR THE FEDERAL
CIRCUIT and any further appeals related thereto.

1.4. "Assigned Portion" - refers to the sum of One Million Four
Hundred Thousand Dollars ($1,400,000.00), (U.S.).

1.5. "Assignment" - refers to the document entitled Assignment of
Litigation Proceeds/Acknowledgement of Assignment, attached here
to as Assignment, Exhibit 2 and incorporated herein by this
reference, and all those other or related documents evidencing
and acknowledging assignment of an interest in the Judgment to
PURCHASER executed by SELLER and SELLER'S successors and assigns.

1.6. "Attorney" - refers to Robert N. Miller, Esq., Perkins Coie,
LLP, 1899 Wynkoop Street, Suite 700, Denver, CO 80202, Tel. No.
(303) 291-2300; Kristin M. Diamond, Esq., Technology
Transfer/Research Compliance Attorney, University of Colorado,
System Technology Transfer Office, 4001 Discovery Drive, Suite
390, 588 SYS; Boulder, CO 80309-0588; Tel No. (303) 735-4474 /
Fax No. (303) 735-3831; and such other attorneys as may be
employed, consulted, or engaged by Plaintiffs in connection with
the Appeal and the Litigation.

1.7. "Closing Date" - refers to that date on which the PURCHASER
remits the Purchase Price to SELLER.

1.8. "Court" - refers to the UNITED STATES DISTRICT COURT FOR THE
DISTRICT OF COLORADO.

1.9. "Discount" - refers to thirty-five and seventy-one
hundredths percent (35.71%), which is the percentage by which the
Assigned Portion has been reduced to establish the Purchase
Price.

1.10.     "Judgment" - refers to:  (i) the judgment for the
Plaintiffs entered by the Court in the Lawsuit, a copy of which
is attached to this Agreement, as Reference Documents Exhibit,
and incorporated herein by this reference; (ii) any later
amended, modified, augmented, supplemental or other judgment and
judgment on appeal; and (iii) any and all rights of Plaintiffs
and SELLER and their successors and assigns to Proceeds, as
defined below, from the Litigation, as defined below.

1.11.     "Judgment Amount Assigned" - refers to the Assigned
Portion plus the interest accruing on the Judgment, allocable to
the Assigned Portion, commencing on the Closing Date   October
31, 2003  .  Provided, however, if the Judgment is set aside and
remanded for Further Proceedings, and if interest is ultimately
awarded as to any claim for the period on or after the Closing
Date ("Accrual Period"), the "Judgment Amount Assigned" shall be
the Assigned Portion plus the portion of the interest awarded or
later accruing that is allocable to the Assigned Portion for the
Accrual Period.  In addition, should SELLER be in default or
breach of this Agreement, there shall be added to the Judgment
Amount Assigned, all expenses, costs (including reasonable
attorneys fees), and the amount of all damages sustained by
PURCHASER on account of any such default or breach.

1.12.     "Judgment Collateral" - refers to:  (i) the bond or
other undertaking lodged with the Court to secure payment of the
Judgment, a copy of which is attached to this Agreement as
Reference Documents Exhibit, and incorporated herein; (ii) any
other bond or other undertaking, serving as collateral for the
Judgment (including all interest, income or proceeds accruing or
paid thereon); and (iii) any additional or substitute security,
guaranty, bond, surety, segregated account or other undertaking
given on account of the Judgment.

1.13.     "Judgment Debtor(s)" - refers to the Adverse Party and
any affiliate, successor, surety or guarantor, as may assume or
be bound by the Judgment or other obligations to Plaintiffs or
SELLER arising out of the Litigation.

1.14.     "Lawsuit" - refers to the case of The University of
Colorado Foundation, Inc., et al. v. American Cyanamid Company,
Civil Action No. 93-K-1657, in which the Judgment was entered by
the Court and all related post-trial proceedings.

1.15.     "Litigation" - refers to the (i) Lawsuit; (ii) all
appellate proceedings, proceedings on remand, enforcement,
ancillary, parallel or alternate dispute resolution proceedings
and processes arising out of or related to the Lawsuit; (iii) any
other proceedings founded on the underlying facts giving rise to
the Lawsuit, in which SELLER or SELLER'S successor in interest is
a party; and (iv) all arrangements made with SELLER by or among
any Adverse Party having the effect of resolving any of SELLER'S
claims against any Adverse Party.

1.16.     "Litigation Proceeds" - refers to all Proceeds of the
Litigation.

1.17.     "Plaintiffs" - refers to THE UNIVERSITY OF COLORADO
FOUNDATION, INC. (hereafter, "UCFI"), THE UNIVERSITY OF COLORADO,
THE BOARD OF REGENTS OF THE UNIVERSITY OF COLORADO, ROBERT H.
ALLEN, PAUL A. SELIGMAN, and any other party(ies) in the
Litigation owning rights, title, and interest in and to the
Judgment and any Proceeds of the Litigation.

1.18.     "Purchase Price" - refers to the sum of Nine Hundred
Thousand Dollars ($900,000.00), (U.S.).

1.19.     "Proceeds" - refers to cash, negotiable instruments,
contract rights, annuities, and any other rights to payment of
cash and transfer of things of value or other property.

1.20.     "Receipt" - refers to the SELLER'S Acknowledgment of
Receipt of Purchase Price, the form of which is attached hereto
as Receipt, Exhibit 3, and incorporated herein by this reference.

1.21.     "SELLER'S Attorney" - refers to Paul A. Levitsky, Vice
President and General Counsel, Competitive Technologies, Inc.,
1960 Bronson Road, Fairfield, CT  06824, Tel No. (203) 255-
6044/Fax No. (203) 254-1102, and such other attorneys as may be
employed, consulted, or engaged by SELLER.

1.22.     "SELLER'S Litigation Proceeds" - refers to all of
SELLER'S legal and/or equitable rights, title and interest in and
to the Litigation Proceeds thereof, whether in the nature of
ownership, lien, security interest or otherwise, on account of
SELLER's claims against the Adverse Party, Attorney's fees and
costs, or any other agreement with one or more SELLER.

2.   Underlying Facts.  SELLER represents and acknowledges the
following underlying facts as true and correct and on which
PURCHASER has placed material reliance in entering and which form
the factual foundation for this Agreement:

2.1. Plaintiffs are parties to the Lawsuit.

2.2. Robert N. Miller is Plaintiffs' attorney of record in the
Lawsuit.

2.3. Kristin M. Diamond is Plaintiffs' in-house attorney.

2.4. Plaintiffs have obtained the Judgment against the Adverse
Party(ies), and one or more Adverse Party(ies) has filed an
appeal of the Judgment.

2.5. At the time the Lawsuit was filed, SELLER was doing business
as UNIVERSITY PATENTS, INC. (hereafter, "UPI").  SELLER formally
changed its name to Competitive Technologies, Inc., in 1994.

2.6. By Agreement, dated August 1, 1993, between UCFI and UPI, a
copy of which is attached hereto as Exhibit A and incorporated
herein, Plaintiffs assigned to SELLER eighteen and two-tenths
percent (18.2%) of Plaintiffs' rights, title, and interest in and
to the entire Judgment and any and all Proceeds of the Litigation
after deduction of Attorney's contingent fee and out of pocket
expenses.

2.7. SELLER is entitled to receive approximately Six Million
Dollars ($6,000,000.00) (U.S.) of the Judgment, plus interest, by
virtue of the Agreement referenced in Section 2.6 above and
attached hereto as Exhibit A.

2.8. The following documents in the Lawsuit, provided to
PURCHASER, (i) are complete, accurate and genuine, (ii) remain in
full force and effect as of the date hereof, and to the best of
SELLER'S knowledge after due inquiry to Attorney and Plaintiffs,
have not been and (except as to issues that may be raised on
appeal), are not currently proposed by any party to be modified
or superseded (unless copy of the modifying, superceding or
amended document(s) or written notice thereof have been provided
to PURCHASER):

2.8.1.    Reference Documents Exhibit, the Judgment and Bond,
Undertaking or other Judgment collateral, if any;

2.8.2.    The Appellate Briefs, Notice(s) of Appeal and other
documents filed in the Appellate Court;

2.8.3.    If all briefs have not been filed; all trial briefs and
related points and authorities filed in the Lawsuit; the verdict,
all post-trial motion papers and rulings, if any;

2.8.4.    All other papers and documents supplied by Attorney
with respect to the Appeal and the Lawsuit.

2.9. SELLER hereby irrevocably instructs Attorney and SELLER's
Attorney to do the following:  (i) provide all documents
requested by PURCHASER relating to the Appeal, the Litigation,
settlement of the Litigation, Attorney's or other persons'
interest in or claim against the Judgment and the subject matter
of this Agreement; (ii) when requested by PURCHASER, to provide
factual information within the knowledge of Plaintiffs, Attorney,
or SELLER's Attorney; and (iii) to perform all those action(s) to
be taken by Attorney or by SELLER's Attorney, as agent of SELLER,
provided for in this Agreement.  Provided, however, nothing in
this Agreement shall:  a) require the dissemination of
information to PURCHASER or other persons, which is subject to
attorney-client or other evidentiary privilege, unless it is done
in a manner that does not constitute a waiver of the applicable
privilege; or b) give PURCHASER any right to direct or control
Plaintiffs, Attorney, SELLER, or SELLER's Attorney in pursuing or
settlement of the Litigation.  Any information disclosed to
PURCHASER shall be treated as confidential by PURCHASER and may
be used by PURCHASER solely for purposes related to or arising
out of this Agreement.

2.10.     The transaction provided for in this agreement involves
substantial economic risk to PURCHASER.

3.   Purposes.

3.1. SELLER is in need of funds to provide for SELLER'S
obligations and to accomplish SELLER'S current economic
objectives.  The parties have entered into this Agreement for the
underlying purpose of providing SELLER the opportunity to receive
cash now on account of the Litigation, without regard to the
decision on the pending Appeal and the outcome of the Litigation.
PURCHASER acquires partial assignments of civil money judgments
during appeal and litigation proceeds for cash.  Being a
purchase, PURCHASER is at risk as to the result of the court's
decision on the appeal and the outcome of the Litigation.  In
arriving at the Purchase Price, the Litigation Proceeds to be
purchased under the Agreement have been discounted, taking into
account PURCHASER'S risks in buying a portion of the Litigation
Proceeds when an appeal has been taken, among other things.

3.2. PURCHASER has offered to pay SELLER the Purchase Price in
exchange for an assignment of the Litigation Proceeds in the
amount of the Judgment Amount Assigned.  SELLER has accepted
PURCHASER'S offer and the parties intend to set forth their
contract in this Agreement.  The Purchase Price and Judgment
Amount Assigned have been agreed to on an arms' length basis.

4.   Nature Of Transaction.  The parties recognize and
acknowledge that the rights granted PURCHASER will be purchased
and an ownership interest will be sold, transferred and assigned
by SELLER to PURCHASER.  This transaction is not a loan.  It is
not intended as collateral for any loan.  Unless otherwise stated
in this Agreement, SELLER has no personal obligation to pay any
amount to PURCHASER.

5.   Agreement To Sell And Buy/Non-Assumption By Purchaser.

5.1. Under and subject to the terms and conditions of this
Agreement and in exchange for the Purchase Price, SELLER agrees
to and, upon remittance of the Purchase Price by PURCHASER,
shall, sell, transfer, assign and deliver to PURCHASER, SELLER'S
legal and equitable rights, title and interest in and to the
SELLER'S Litigation Proceeds, the Judgment Collateral and all
Proceeds and or other rights and property SELLER has the right to
recover on account of the Litigation or that arise therefrom in
and up to the amount of the Judgment Amount Assigned.  PURCHASER
agrees to buy all of said rights and interests from SELLER and to
pay the Purchase Price under and subject to the terms and
conditions of this Agreement.

5.2. In making this Agreement and purchasing a portion of
SELLER'S Litigation Proceeds, PURCHASER is not otherwise
acquiring or assuming any responsibility, obligation or liability
of SELLER or arising out of any rights or interests of SELLER
being purchased including, but not limited to, any duty or
obligation to the Judgment Debtor(s), the SELLER or any
obligation or expense with regard to the Litigation, the Appeal
or any retrial of the subject matter of the Litigation or issues
related thereto (including court costs or sanctions).

5.3. It is acknowledged and agreed that, this Agreement does not,
and shall not be interpreted so as to, affect any rights of
SELLER to make such claims against Attorney, as may be otherwise
permitted by law or rule of professional conduct.  SELLER having
disclosed to PURCHASER the material provisions of the fee
agreement between Plaintiffs and Attorney, and in reliance
thereon by PURCHASER, it is understood that the agreement of
SELLER to permit the sale and assignment to PURCHASER a portion
of SELLER'S Litigation Proceeds for cash hereunder shall in no
way supersede, amend, modify, or otherwise detract from or expand
SELLER'S or Plaintiffs' rights or obligations under Attorney's
existing contract with Plaintiffs for legal representation.

6.   Rights In Proceeds.

6.1. That portion of the Litigation Proceeds and the rights to
the Judgment Collateral and the Litigation assigned to PURCHASER
shall be satisfied and paid to PURCHASER in full, on a priority
basis, prior to any Proceeds or other consideration paid to or
received by SELLER, or any other assignee(s) of SELLER.  Neither
SELLER nor any other assignee(s) of SELLER shall be entitled to
receive any recovery or any rights or interests on account of the
Litigation, unless and until the full Judgment Amount Assigned
has been received by PURCHASER.

6.2. PURCHASER'S rights in the Litigation Proceeds and Judgment
Collateral shall be satisfied at such time as PURCHASER has
received the full Judgment Amount Assigned.

6.3. The rights of SELLER to recover and receive amounts due
under the Judgment and Judgment Collateral and the Litigation, in
excess of the Judgment Amount Assigned, are and shall remain the
property of SELLER.

6.4. Notwithstanding Section 6.1, it is understood and
acknowledged that the rights purchased by PURCHASER hereunder are
subject to:  the liens, if any, identified in Rights In Judgment,
Exhibit 1.a., or approved in writing by PURCHASER in accordance
with the provisions of this Agreement; and the rights of Attorney
to costs and attorneys' fees under the presently existing fee
agreement between Plaintiffs and Attorney, as described in Rights
In Judgment, Exhibit 1.d., herein.

7.   Representations.  SELLER hereby represents, warrants and
agrees with PURCHASER as follows:

7.1. The documents and information provided by SELLER to
PURCHASER, including but not limited to the Funding Application
and Reference Documents Exhibits, attached hereto, are accurate
and complete and, as of the date hereof, have not been superseded
or altered as to legal effect, validity or amount by the Court,
stipulation or otherwise.  As of the date of this Agreement, no
action has been taken and, as of the Closing Date, no action
shall have been taken which has the effect of settling or
deciding the Appeal or which materially alters or changes the
legal validity, effect of or amounts stated in said documents and
information or the value of SELLER'S Litigation Proceeds, the
Judgment or Judgment Collateral.

7.2. The representations and warranties of SELLER contained in
this Agreement shall be true and correct in all material respects
on and as of the Closing Date with the same force and effect as
though such representations and warranties had been made on and
as of that date.  Notwithstanding any other provision of this
Agreement, should the case be settled or decided in whole or in
part or all representations or warranties not be fully true and
correct at the time SELLER receives the Purchase Price, the sale
shall not close and PURCHASER'S rights under Section 20, below,
will apply.  SELLER shall not be entitled to accept the Purchase
Price without first giving written notice to PURCHASER and
obtaining PURCHASER'S written consent.

7.3. Except as set forth in Rights In Judgment, Exhibit 1.c.,
SELLER has not assigned, transferred or given, as collateral to
any party other than PURCHASER, any right or interest of SELLER
in the Litigation, the Litigation Proceeds, the Judgment, the
Judgment Collateral, or any Proceeds thereof. SELLER shall not:
make any assignment or transfer or give, as collateral, any right
or beneficial interest of SELLER in the Litigation, the
Litigation Proceeds, the Judgment, the Judgment Collateral or any
Proceeds thereof or rights therein, or take any other action that
could have the effect of impairing or delaying PURCHASER'S
receipt of the Judgment Amount Assigned.  It is intended and
understood that any assignment or transfer of right or beneficial
interest in the Litigation, the Litigation Proceeds, the
Judgment, the Judgment Collateral, or any Proceeds thereof or
rights therein shall be subordinate to and shall not adversely
affect any right or interest of PURCHASER in the Litigation, the
Litigation Proceeds, the Judgment, the Judgment Collateral or any
Proceeds thereof or rights therein.  Except as disclosed by
SELLER in Rights In Judgment, Exhibit 1, or otherwise agreed to
by PURCHASER in writing, all Proceeds to which SELLER is entitled
on account of Litigation, the Litigation Proceeds, the Judgment
and the Judgment Collateral shall be paid first to PURCHASER,
until the full Judgment Amount Assigned has been paid to
PURCHASER.

7.4. Except as set forth in Rights In Judgment, Exhibit 1.a.,
there are no persons who have liens against amounts to which
SELLER may be entitled on account of the Litigation.  SELLER
agrees to refrain from causing or permitting any other liens to
be placed against the Judgment, without the prior written consent
of PURCHASER, which consent may not be withheld unless a proposed
lien materially impairs the rights, value, priority or
collectability of the rights assigned to PURCHASER hereunder.

7.5. Except as set forth in Rights In Judgment, Exhibit 1.c.,
SELLER is not aware of any asserted or unasserted claims, liens
or judgments against the SELLER which would materially impair the
rights, value, priority or collectability of the rights assigned
to PURCHASER hereunder.

7.6. SELLER has the power, authority, right and competence to
enter into this Agreement, and does so willingly and freely.  All
approvals, actions and consents required to authorize SELLER to
enter into this Agreement have been obtained and taken and, upon
execution by SELLER, this Agreement and all documents
contemplated to be signed by SELLER herein shall be valid and
binding obligations and undertakings of SELLER.  Entering into
this Agreement and carrying out the actions provided for in this
Agreement and the Exhibits will not cause SELLER to be in breach
or violation of any other agreement or legal obligation to which
SELLER is a party or subject.

7.7. SELLER shall use best efforts and exercise good faith to
pursue SELLER'S rights in the Litigation, to bring the Litigation
to good faith settlement or final judgment; and to enforce
collection of all money and other Proceeds due on account of the
Litigation, including any settlement with Judgment Debtor(s).

7.8. SELLER has not and shall not, directly or indirectly, delay,
seek to prevent, impair, or frustrate the rights granted to
PURCHASER under this Agreement, or payment of the Judgment Amount
Assigned to PURCHASER, in any way.

7.9. SELLER shall make all reasonable, good faith efforts to
cause Plaintiffs to vigorously:

7.9.1.    Defend the Judgment on Appeal and fully prosecute and
enforce all rights in the Judgment in both the Appeal and any
further proceedings ordered or permitted by the Court or
applicable law.

7.9.2.    Pursue Plaintiffs' and SELLER'S underlying claims in
the Litigation, unless advised by Attorney or SELLER's Attorney
that pursuit of such claims would be fruitless or not
economically feasible, in light of the likely cost and risks in
doing so.

7.9.3.    Pursue collection of the Judgment and promptly exercise
collection rights against the Judgment Collateral.

7.10.       SELLER shall notify PURCHASER and keep PURCHASER
advised regarding:  the name(s), address(es), telephone and fax
numbers of SELLER and of all legal counsel engaged to represent
Plaintiffs or SELLER in the Litigation; and the nature and scope
of representation of all such legal counsel and any change
therein.

7.11.       SELLER shall give PURCHASER prompt written notice of
any material change in any of the information contained in the
representations and warranties or Exhibits to this Agreement.

8.   Litigation Documentation.  Unless otherwise requested in
writing by PURCHASER and subject to Section 2.4, SELLER shall,
and SELLER hereby instructs Attorney and SELLER's Attorney, as
SELLER'S agent, to promptly provide and continue to provide
PURCHASER with:

8.1. All future Court documents, including, but not limited to,
any Notices, Orders or Briefs presented to any party to the
Litigation or filed with any court.

8.2. All future correspondence, written proposals or agreements,
and notice of any oral proposals or agreements between SELLER,
Plaintiffs and Judgment Debtor(s) relating to the Litigation, the
Judgment Collateral, settlement, alternative dispute resolution
procedures, or collection and payment of the Judgment or the
Litigation.

8.3. Any proposed assignment by SELLER of any interest in the
Judgment, Judgment Collateral or rights in the Litigation, and
written notice of any other similar proposed action on the part
of SELLER.  Unless waived in writing by PURCHASER, such proposed
assignment or notice shall be provided to PURCHASER not less than
7 days prior to SELLER making the proposed assignment or taking
the proposed action.

8.4. Notice of and documents relating to payment or receipt of
any money, consideration or other Proceeds by Plaintiffs,
Attorney, SELLER or SELLER's Attorney on account of the Judgment,
the Judgment Collateral or the Litigation, settlement or payment
of the Judgment, and all accountings of the application of said
money or other things of value received.

8.5. Information requested by PURCHASER relating to the status of
the Appeal, the Litigation, settlement, alternative dispute
resolution proceedings and any efforts to enforce the Judgment.

9.   Assignment Of Litigation Proceeds.  It is understood and
agreed that the Assignment evidences the transfer of the Judgment
Amount Assigned and PURCHASER'S right to receive payment
hereunder and shall remain in full force and effect until the
entire Judgment Amount Assigned has been received by PURCHASER.
Upon PURCHASER'S remittance of the Purchase Price to SELLER,
PURCHASER shall be the sole and absolute owner of the first
Litigation Proceeds which SELLER is entitled to collect or
receive on account of the Judgment, the Judgment Collateral and
the Litigation, up to the full Judgment Amount Assigned, whether
by way of enforcement of the Judgment, compromise and settlement
of SELLER'S rights arising out of the Judgment and Litigation, or
otherwise.  As collateral for and to secure SELLER'S
representations, warranties, undertaking and agreements made or
given under this Agreement, SELLER hereby grants PURCHASER a
security interest in all of SELLER'S Litigation Proceeds and
interests in the Judgment, the Judgment Collateral and the
Litigation not otherwise assigned and transferred to PURCHASER
under this Agreement (the "Collateral").  This shall constitute a
security agreement between SELLER and PURCHASER for that purpose.
It shall not in any way affect or impair any rights or fee lien
of Attorney in and to the Judgment, the Judgment Collateral, or
the Litigation, absent an express written agreement with Attorney
to the contrary.  SELLER shall execute, and PURCHASER may file,
one or more UCC-1 Financing Statement Forms for the purpose of
perfecting PURCHASER'S security interest in the Collateral, and
as notice to third parties that SELLER has conveyed an interest
in the SELLER'S Litigation Proceeds.

10.  Acknowledgment/Assignment Of Litigation Proceeds.  It is
understood and agreed that the Assignment is intended to serve as
evidence and notice of the Assignment.  Upon PURCHASER'S
remittance of the Purchase Price, PURCHASER is fully authorized
to and shall insert the Closing Date on the Assignment.  The
Assignment may be filed by PURCHASER with the Court, on or after
the Closing Date, pursuant to the provisions of applicable laws,
court rules or local custom, and served upon such persons as may
be deemed necessary by PURCHASER to perfect and give effect to
PURCHASER'S ownership of and right to receive the Judgment Amount
Assigned.

11.  Acknowledgment Of Receipt Of Purchase Price.  The
Acknowledgment of Receipt of Purchase Price (hereafter the
"Receipt") is attached hereto as Receipt, Exhibit 3 and
incorporated herein by this reference.  SELLER agrees to deliver
the signed and dated Receipt to PURCHASER immediately upon
SELLER'S receipt of the Purchase Price.

12.  Breach.  SELLER understands and acknowledges that PURCHASER
is relying on all of SELLER'S agreements, representations and
warranties in entering into this Agreement and in purchasing the
Judgment Amount Assigned.  The parties agree that, if SELLER
breaches any material part of this Agreement or if any of
SELLER'S representations or warranties fail to be correct in any
respect, SELLER will be in breach of this Agreement.

12.1.     If SELLER breaches any material part of this Agreement,
and SELLER fails to cure said breach within fifteen (15) days of
PURCHASER'S notice to SELLER of such breach, PURCHASER is granted
the right to immediately recover from the SELLER all amounts due
under this Agreement and the Judgment Amount Assigned.  This
right of PURCHASER is in addition to any other rights to which
PURCHASER is entitled by law because of any breach by SELLER,
including PURCHASER'S rights in and to Collateral given by
SELLER.  Any breach or failure of the representations and
warranties of Section 7.2, above, shall not be subject to cure
and SELLER shall have no rights to receive any payment absent the
expressed written approval of PURCHASER.

12.2.     Should SELLER fail to adhere to the representations and
warranties set forth in Section 7.9, above, then PURCHASER is
fully authorized and permitted, but not obligated, on behalf of
SELLER and PURCHASER and subject always to the rights and
informed consent of SELLER to engage a new Attorney, to pursue
any of SELLER's rights with respect to the Appeal and prosecute,
enforce and resolve the rights of SELLER, and PURCHASER in
furtherance of the Appeal and the Litigation, to the fullest
extent as if done by the SELLER.  SELLER hereby appoints
PURCHASER as SELLER'S attorney-in-fact, in the event of such
default or breach under this sub-section, to do all things and
take all actions in its own name and as attorney-in-fact for
SELLER to pursue such actions and to engage such legal counsel
for the account of SELLER and PURCHASER, subject always to the
rights and informed consent of the SELLER, as PURCHASER shall, in
its good faith judgment, deem to be in the best interests of the
PURCHASER, SELLER and Attorney.  In such event, any amounts
recovered on account of the SELLER'S interests in the SELLER'S
Litigation Proceeds, shall be applied:  (i) first, to recoup all
fees and expenses incurred in exercise of said authority
(including attorneys fees and costs); (ii) next, to PURCHASER on
account of the Judgment Amount Assigned; (iii) the balance to
SELLER, as SELLER'S interests may appear and as SELLER may
direct.

13.  Indemnification.

13.1.       PURCHASER agrees to indemnify, defend and hold SELLER
harmless from and against any and all losses, costs, damages,
claims and expenses (including reasonable attorneys' fees) which
SELLER may sustain at any time by reason of:  (a) any debt,
liability or obligation incurred by PURCHASER, (b) any liability
or obligation of any kind for prosecution or defense thereof, or
(c) the breach of, inaccuracy of, or failure to comply with, or
the existence of any facts resulting in the inaccuracy of, any of
the warranties, representations, or covenants of PURCHASER
contained in this Agreement or in any Exhibits or documents
delivered pursuant hereto or in connection with the subject
matter of this Agreement.

13.2.       SELLER agrees to indemnify, defend and hold PURCHASER
harmless from and against any and all losses, costs, damages,
claims and expenses (including reasonable attorneys' fees) which
PURCHASER may sustain at any time by reason of:  (a) any debt,
liability or obligation incurred by SELLER, (b) any liability or
obligation of any kind for prosecution or defense of such debt,
liability or obligation incurred by SELLER, and (c) the breach
of, inaccuracy of, or failure to comply with, or the existence of
any facts resulting in the inaccuracy of, any of the warranties,
representations, or covenants of SELLER contained in this
Agreement or in any Exhibits or documents delivered pursuant
hereto or in connection with the subject matter of this
Agreement.

13.3.       Any party who receives notice of a claim for which it
will seek indemnification ("Indemnified Party") hereunder shall
promptly notify the party from which the Indemnified Party will
seek indemnification ("Indemnifying Party") of such claim in
writing.  The Indemnifying Party shall have the right to assume
the defense of such action at its cost with counsel reasonably
satisfactory to the Indemnified Party.  The Indemnified Party
shall have the right to participate in such defense with its own
counsel at its cost.

14.  Attorney - Client Relationship.

14.1.       Nothing in this Agreement is intended to require
action that may impair the attorney-client privilege, or other
evidentiary privilege as may exist in favor of SELLER in
connection with the Litigation.  This Agreement shall not be
interpreted or enforced in a manner that would have the effect of
loss of any such privilege.  If redacting portions of any
writing, required to be given PURCHASER in this Agreement, would
avoid waiver or loss of any such privilege:  the writing shall be
redacted by Attorney or SELLER's Attorney so as to avoid waiver
or loss of privilege and provided to PURCHASER.  PURCHASER shall
be notified that the writing was redacted for that purpose and
shall be advised of the general subject matter of the redacted
material.  Further, nothing in this Agreement is intended to
prevent or impair Plaintiffs', Attorney's, SELLER'S, and SELLER's
Attorney's ability to vigorously conduct the Litigation in such
manner as they deem in good faith and in their sole discretion
will benefit Plaintiffs and SELLER, without interference from
PURCHASER.  Provided, however, nothing shall be interpreted as
restricting PURCHASER'S exercise of its discretion in analysis of
the results of its due diligence under Section 16, below, or
enforcement of PURCHASER'S rights under this Agreement and the
Assignment, in the event of a breach of the terms of this
Agreement.

14.2.       Should a dispute arise at any time between
Plaintiffs, SELLER, and Attorney, or any of them, regarding
payment or application of any sums recovered on the Judgment,
which dispute may delay, reduce or otherwise affect payment or
retention of the Judgment Amount Assigned to PURCHASER, SELLER
shall promptly notify PURCHASER in writing and shall nevertheless
immediately pay, on a pro rata basis, any undisputed portion of
the sums recovered.  The Notice shall state the facts of the
dispute in order that PURCHASER may fully assert its rights.  In
order to allow PURCHASER to become fully aware of the dispute,
SELLER hereby authorizes Attorney and SELLER's Attorney to
provide PURCHASER all facts and information related to the
dispute.  Notwithstanding any other provisions of this Agreement,
including Section 14.1, above, SELLER expressly waives attorney-
client privilege as to information requested by PURCHASER under
these limited circumstances and for this limited purpose.  Should
the dispute delay payment of any amount otherwise due or payable
to PURCHASER, all amounts due or payable to PURCHASER shall begin
to bear interest at the rate of 18% per annum, or such lesser
rate as shall be the maximum rate permitted by applicable law,
from the date any amounts are paid or payable by the Adverse
Party until said sums due or payable to PURCHASER have been paid
in full.

15.  Cooperation.  SELLER will, and will so instruct Attorney and
SELLER's Attorney to, keep PURCHASER fully advised about and will
cooperate and consult with PURCHASER in connection with, any and
all matters relating to the Appeal and the Litigation including,
but not limited to, matters with regard to Plaintiffs', SELLER'S,
and Attorney's legal positions, briefs and oral arguments,
settlement negotiations, alternate dispute resolution
proceedings, and engagement of appellate or other counsel.

16.  Contingencies.  This Agreement is expressly conditioned upon
PURCHASER conducting and completing its due diligence with regard
to the subject matter of this Agreement and providing SELLER with
PURCHASER'S written approval of its intent to complete the
purchase.  PURCHASER'S approval and intention to complete the
purchase shall be determined in PURCHASER'S sole and absolute
discretion.  PURCHASER shall have fifteen (15) days from the
receipt of all documents and Exhibits, properly signed and
witnessed, or three (3) business days of PURCHASER's receipt of
the opinion letter referenced in Section 17, whichever is later,
but not later than thirty (30) days, to provide SELLER and
SELLER's Attorney with written approval of its intention to
complete the purchase.

17.  Purchaser's Due Diligence/Seller's Payment of Due Diligence
Costs.  SELLER understands that PURCHASER will incur costs and
expenses in connection with the completion of PURCHASER'S due
diligence referred to herein above.  It is understood that upon
receipt of the signed Agreement, PURCHASER will incur expenses
for a credit and liabilities investigation and report.  It is
further understood that upon receipt of the signed Agreement,
PURCHASER will engage an attorney, for the purpose of reviewing
the Lawsuit and advising PURCHASER as part of PURCHASER'S due
diligence.  At the time SELLER returns the signed Agreement to
PURCHASER, SELLER will pay PURCHASER the sum of $2,750.00 to be
applied against PURCHASER'S due diligence costs and expenses.  It
is acknowledged that any analysis or opinion received by
PURCHASER from legal counsel engaged to review and evaluate the
Litigation:  (i) is legal advice rendered solely for PURCHASER'S
benefit in completing its due diligence; (ii) is subject to
certain privileges in favor of PURCHASER and said attorney; (iii)
and in no way constitutes legal advice to, nor may it be relied
upon by Plaintiffs, Attorney, SELLER or SELLER's Attorney, should
information relating to said attorneys' advice be made available
to Plaintiffs, Attorney, SELLER, or SELLER's Attorney, absent
prior written consent from the individual attorney engaged by
PURCHASER.

18.  Delivery By Purchaser/Closing.  PURCHASER shall pay SELLER
the Purchase Price (less any amounts deductible therefrom) within
ten (10) business days after it has completed its due diligence
and approved of and expressed its intention, in writing, to
complete the purchase.  Except as hereafter provided, upon
PURCHASER'S tender of the Purchase Price to SELLER:  the
PURCHASER'S rights in the SELLER'S Litigation Proceeds, the
Judgment Proceeds, the Judgment Amount Assigned, and the
Litigation, and all of PURCHASER'S rights, as provided for in
this Agreement, shall be fully vested; SELLER'S assignment shall
be absolute and irrevocable by SELLER; and PURCHASER shall be
entitled to file with the Court and serve the Exhibit(s)
evidencing SELLER'S Assignment and the form UCC-1 giving effect
to the parties agreements hereunder.

19.  Miscellaneous.

19.1.  Entire Agreement.  This Agreement, including the Exhibits
hereto, sets forth the entire agreement and understanding between
the parties as to the subject matter hereof and merges and
supersedes all prior discussions, agreements and understandings
of every kind and nature between them.  No party hereto shall be
bound by any term, condition, warranty or representation other
than as expressly provided for in this Agreement, or as may be on
a date on or after to the date hereof duly set forth in writing
signed by the party hereto which is to be bound thereby.  This
Agreement shall not be changed, modified or amended except by a
writing dated and signed by the party to be charged.

19.2.  Governing Law.  This Agreement and its validity,
construction and performance shall be governed in all respects by
the laws of the State of California, without giving effect to
principles of conflicts of laws.

19.3.  Severability.  If any provision of this Agreement or the
application of any provision hereof to any person or circumstance
is held invalid, the remainder of this Agreement and the
application of such provision to other persons or circumstances
shall not be affected unless the provision held invalid shall
substantially impair the benefits of the remaining portions of
this Agreement.

19.4.  Benefits of Parties.  This Agreement shall be binding
upon, and inure to the benefit of the parties hereto,
individually and to each and all their agents, attorneys,
beneficiaries, representatives and its respective successors,
spouses, heirs, legal representatives and assigns.  No
assignments by any party shall relieve the assigning party from
any obligation, duty, representation, warranty or agreement
absent an express written release given by the non-assigning
party.

19.5.  Headings Singular/Plural.  The headings in the section of
this Agreement are inserted for convenience or reference only and
shall not constitute a part hereof.  Where context so permits,
the singular form of a word shall include the plural and the
plural form shall include the singular.

19.6.  Notices.  All notices, requests, demands and other
communications provided for by this Agreement shall be in writing
and, unless otherwise specifically provided for herein, shall be
deemed to have been given upon transmission by telecopy, with
receipt confirmed, upon hand delivery or delivery by air freight
or courier service, or three (3) days after the time when
deposited with the United States Postal Service, enclosed in a
registered, certified or other postage-paid envelope, addressed
to the address of the parties stated below or to such changed
address as such party may have fixed by notice:

IF TO SELLER:                    IF TO PURCHASER:

Competitive Technologies, Inc.   LawFinance Group, Inc.
c/o Paul A. Levitsky, Esq.       1000 Sansome Street, Suite 250
Vice President & General Counsel San Francisco, CA  94111
1960 Bronson Road                Fax:  (415) 617-9201/
                                 Tel.:  (415) 617-9200
Fairfield, CT 06824
Fax:  (203) 254-1102/
Tel.:  (203) 255-6044

provided, however, that any such change of address shall be
effective only upon receipt.

19.7  Attorney's Fees.  In the event that any action or
proceeding is brought to enforce or interpret any provision,
covenant or condition contained in the Agreement on the part of
PURCHASER or SELLER, the prevailing party in such action or
proceeding shall be entitled to recover from the party not
prevailing its expenses therein, including reasonable attorneys'
fees and allowable costs.

19.8.  Disputes Between The Parties.  At the request of any
party, any dispute between the parties arising out of the
transaction provided for in this Agreement, and the Exhibits to
this Agreement, shall be submitted to final and binding
arbitration in San Francisco, California, by a three (3) member
panel, under the Commercial Arbitration Rules of the American
Arbitration Association then in effect.  The Association shall be
requested to provide a panel of prospective arbitrators
consisting of persons experienced in business law matters.  Prior
to appointment of the arbitrator, either party may commence
judicial proceedings, in either the state or federal court having
jurisdiction over the party against whom relief is sought, to
obtain preliminary relief, including injunctive relief, for the
purposes of:  (i) enforcement of this arbitration provision; (ii)
obtaining appointment of arbitrator(s); (iii) preserving the
status quo; (iv) preventing the disbursement by any person of
disputed funds; and (v) preserving and protecting the rights of
either party pending the outcome of the arbitration.  Any party
may have judgment entered on the arbitration award.  Section
19.7, above, shall apply to any arbitration or court proceeding
between the parties.

19.9.  Further Assurances.  Each party agrees to execute and file
or caused to be filed such other or further documents as may be
requested by the other party to give effect to the purposes of
the Agreement.  Such further documents shall include, but not be
limited to:  (i) documents intended to perfect PURCHASER'S
ownership of and power to exercise the rights herein granted by
SELLER; (ii) if the Judgment is modified, vacated and there are
further proceedings, a replacement Assignment in order to give
effect to PURCHASER'S rights in and to the Litigation Proceeds,
the Judgment Collateral, Judgment and this Agreement.

20.  Resolution of Litigation Prior to Closing.  In the event the
Appeal is resolved, whether by settlement, judicial decision, or
otherwise, on or before Closing Date, PURCHASER'S obligation to
purchase and SELLER'S obligation to sell under this Agreement
shall cease.  In such event, SELLER shall pay PURCHASER out of
any Proceeds of the Litigation the sum of $5,000.00, on account
of PURCHASER'S administrative and due diligence activities and
expenses incurred by PURCHASER in connection with this Agreement.

21.  The parties each acknowledge and agree that:  (i) this
Agreement has been entered into voluntarily and freely; and (ii)
the Purchase Price has been determined at arm's length and is
reasonable in light of the risks assumed by PURCHASER.

22.  SELLER ACKNOWLEDGES THAT SELLER HAS READ THIS AGREEMENT,
INCLUDING ALL OF EXHIBITS ATTACHED HERETO.  SELLER IS AWARE THAT
THIS AGREEMENT AFFECTS SELLER'S LEGAL RIGHTS.  PRIOR TO SIGNING
THIS AGREEMENT, SELLER HAS CONSULTED WITH SELLER'S ATTORNEY
AND/OR OTHER LEGAL COUNSEL, CONCERNING THIS TRANSACTION.
SELLER'S ATTORNEY HAS REVIEWED THE TERMS AND CONDITIONS OF THE
ENTIRE AGREEMENT.  SELLER UNDERSTANDS THE MEANING AND EFFECT OF
THE TERMS AND CONDITIONS CONTAINED IN THE AGREEMENT.  SELLER HAS
RECEIVED NO LEGAL ADVICE WITH RESPECT TO THIS AGREEMENT OR THE
LITIGATION FROM PURCHASER OR ANYONE ASSOCIATED WITH PURCHASER.

SELLER'S Initials:  s/JBN    SELLER'S ATTORNEY'S Initials:  s/PAL

IN WITNESS WHEREOF, the parties have entered into this Agreement
at San Francisco, California.

Dated:    October 30          , 2003

SELLER:

     s/John B. Nano
Competitive Technologies, Inc.
By:  John B. Nano, President and CEO

                         ACKNOWLEDGMENT

STATE OF  Connecticut         )
                         )
COUNTY OF      Fairfield      )

On  (Date)     Oct. 30, 2003  before me, (Notary's name,
title)    Lorraine Frauenhofer     , personally appeared  John B.
Nano, personally known to me (or proved to me on the basis of
satisfactory evidence) to be the person(s) whose name is/are
subscribed to the within instrument and acknowledged to me that
he/she/they executed the same in his/her/their authorized
capacity(ies), and that by his/her/their signature(s) on the
instrument the person(s), or the entity upon behalf of which the
person(s) acted, executed the instrument.

     WITNESS my hand and official seal.

                              s/Lorraine Frauenhofer
                              Notary's Signature

                              LORRAINE FRAUENHOFER
                              NOTARY PUBLIC
                              MY COMMISSION EXPIRES SEP 30 2008

PURCHASER:

Dated:    November 3     , 2003

LAWFINANCE GROUP, INC.,
a California corporation

By:  s/Michael G. Blum

                         ACKNOWLEDGMENT

STATE OF  California               )
                         )
COUNTY OF      San Francisco       )

On Nov. 3, 2003 before me,    Aljeyda Rizo   , personally
appeared  Michael Blum   , personally known to me to be the
person whose name is subscribed to the within instrument and
acknowledged to me that he executed the same in his authorized
capacity, and that by his signature on the instrument the person,
or the entity upon behalf of which the person acted, executed the
instrument.

     WITNESS my hand and official seal.

                                   s/Aljeyda Rizo
                                   Notary Public

ALJEYDA RIZO
Commission # 1406594
Notary Public - California
San Francisco County
My Comm. Expires Mar 22, 2007Exhibit 10.7
                   PROFESSIONAL BUSINESS MANAGEMENT AGREEMENT

     This  Professional  Business Management Agreement (the "Agreement") is made
and entered into effective as of August 3, 2003 by and between EyeMasters, Inc.,
a Delaware corporation ("Professional Business Manager"), and  Jason Wonch, O.D.
and  Associates,  A  P.C.,  a  Louisiana professional optometry corporation (the
"Practice").

                                R E C I T A L S
                            -  -  -  -  -  -  -  -

     A.     The  Practice desires to engage in the provision of Professional Eye
Care Services (as defined below) to the general public in the state of Louisiana
(the  "Practice  Area") through individual Professionals (as defined below) each
of  whom is licensed to practice optometry and/or ophthalmology in Louisiana and
is  employed  or  otherwise  retained  by  the  Practice;

     B.     The  Practice  desires  to provide Professional Eye Care Services to
the  general  public  at  office(s)  located  adjacent to certain optical retail
stores  operating  under  the  name  "EyeMasters"  in  Louisiana  and engage the
Professional  Business  Manager  to  provide management services at such offices
(such  office  locations,  each to be listed on EXHIBIT A as attached hereto and
amended  from  time  to  time,  are  hereinafter  referred  to  as the "Practice
Locations");  and

     C.     The  Practice  desires  to  engage  Professional Business Manager to
provide  facilities,  equipment and such management, administrative and business
services  as  are necessary and appropriate for the day-to-day administration of
the  non-optometric  aspects of the Practice's professional eye care practice at
each  of  the  Practice  Locations, and Professional Business Manager desires to
provide  such,  upon  the  terms  and  conditions hereinafter set forth, for the
purpose of enhancing the cost-efficiency and quality of services rendered by the
Practice  to  its  patients.

     NOW,  THEREFORE,  for and in consideration of the mutual agreements, terms,
covenants  and  conditions  contained  herein  and  other  good  and  valuable
consideration,  the  receipt  and adequacy of which are hereby acknowledged, the
Parties  agree  as  follows:

                                    ARTICLE I

                                   DEFINITIONS
                                   -----------

     For  the  purposes  of  this  Agreement, the following terms shall have the
following  meanings  ascribed  hereto,  unless otherwise clearly required by the
context  in  which  such  term  is  used:

     1.1     Agreement.  The  term  "Agreement"  shall  mean  this instrument as
             ---------
originally executed and delivered, or, if amended or supplemented, as so amended
or  supplemented.

     1.2     Budget.  The  term  "Budget"  shall  mean  an  operating budget and
             ------
capital  expenditure  budget for each fiscal year as prepared in accordance with
SECTION  3.11(A).

     1.3     Clinical Duties.  The term "Clinical Duties"shall mean those duties
             ---------------
of  Non-Professional  Personnel  (as  defined  below)  which  entail directly or
indirectly  assisting  a  Professional  (as  defined

<PAGE>

below)  in  the  scheduling,  examination  or  care of patients in the course of
providing  Professional Eye Care Services, regardless of whether the performance
of  such  duties  requires  licensure  under  applicable  state  law.

     1.4     Confidential  Information.  The  term  "Confidential  Information"
             -------------------------
shall  mean any information of Professional Business Manager or the Practice, as
appropriate  (whether  written  or  oral),  including all business management or
economic  studies,  patient  lists,  proprietary  forms, proprietary business or
management  methods,  marketing  data,  fee  schedules,  or trade secrets of the
Professional  Business Manager or of the Practice, as applicable, whether or not
such  Confidential  Information  is disclosed or otherwise made available to one
Party  by  the other Party pursuant to this Agreement.  Confidential Information
shall  also  include  the  terms  and  provisions  of  this  Agreement  and  any
transaction  or  document  executed  by  the Parties pursuant to this Agreement.
Confidential  Information  does  not  include any information that the receiving
party  can  establish  (a) is or becomes generally available to and known by the
public  or  optometric  community  (other  than  as  a  result of an unpermitted
disclosure  directly  or  indirectly  by  the receiving party or its affiliates,
advisors,  or  Representatives);  (b)  is  or becomes available to the receiving
party  on  a nonconfidential basis from a source other than the furnishing party
or its affiliates, advisors or Representatives, provided that such source is not
and  was  not  bound  by a confidentiality agreement with or other obligation of
secrecy  to  the furnishing party of which the receiving party has knowledge; or
(c)  has already been or is hereafter independently acquired or developed by the
receiving  party  without  violating any confidentiality agreement with or other
obligation  of  secrecy  to  the  furnishing  party.

     1.5     Executive  Office  Administrator.  The  term  "Executive  Office
             --------------------------------
Administrator"  shall  mean the employee of Professional Business Manager having
executive  authority and responsibility for the general and active management of
the  Professional  Business  Manager.

     1.6     GAAP.  The  term "GAAP" shall mean generally accepted United States
             ----
accounting  principles.

     1.7     Management  Fee.  The  term  "Management  Fee"  shall  mean  the
             ---------------
Professional Business Manager's compensation established as described in ARTICLE
V  hereof.

     1.8     Management Services.  The term "Management Services" shall mean the
             -------------------
business,  administrative,  and  management  services  to  be  provided  for the
Practice  and the Office hereunder, including, without limitation, the provision
of  equipment,  inventory  and  supplies, support services, personnel (excluding
Professionals)  management,  administration,  financial  record  keeping,  and
reporting, and other business office services, all as reasonably contemplated by
this  Agreement  and  which  are  necessary  for  the  conduct of the Practice's
business  at  the  Practice  Locations.

     1.9     Non-Professional  Personnel.     The  term  "Non-Professional
             ---------------------------
Personnel" shall mean those individuals employed primarily at the Office who are
not  Optometrists  or  Ophthalmologists.

     1.10     Office.  The term "Office" shall mean the facilities and locations
              ------
used  by  the  Practice  with  respect  to  the Practice Locations, all business
operations  related  to  the Practice's optometric and/or therapeutic optometric
practice  at  the Practice Locations, and all related business operations of the
Practice  which  are  to  be administered by Professional Business Manager under
this  Agreement.

     1.11     Office  Expense.  The  term "Office Expense" shall mean all direct
              ---------------
out-of-pocket  operating

                                        2
<PAGE>

and non-operating expenses incurred by the Practice or the Professional Business
Manager  in the provision of Management Services to the Office and shall include
all  operating  and  non-operating expenses incurred by the Practice relating to
the  items set forth in this Section. The Professional Business Manager shall be
reimbursed  by  the  Practice  for any reasonable Office Expense incurred by the
Professional  Business  Manager  in  the  provision  of services to the Practice
hereunder,  upon  request  by  the Professional Business Manager. Office Expense
shall not include any Professional Business Manager Expense, Practice Expense or
Shareholder  Expense  or  any  state,  local or federal income or franchise tax.
Without  limitation,  Office Expense shall include the following expenses to the
extent  relating  to  the  Practice  Locations:

          (a)     comprehensive  general  and  professional  liability insurance
covering  the Office, employees of the Practice in connection with the operation
of  the Office and employees of Professional Business Manager in connection with
the  operation  of  the  Office;

          (b)     the  expense  of  using,  leasing,  purchasing  or  otherwise
procuring  and  maintaining  the Office premises (e.g., rent expense and related
charges);

          (c)     the  cost  of  Office  supplies  and  inventory;

          (d)     all expenses reflected in the budget that are not Professional
Business  Manager  Expenses,  Practice  Expenses  or  Shareholder  Expenses;

          (e)     reasonable  costs  and  expenses (to the extent not covered by
insurance)  of  lawsuits  or claims against the Professional Business Manager or
its  personnel,  or  the  Practice,  its Professional(s), or its other personnel
related to their performance of duties at the Office or their interest in assets
used  in  connection  with  the Office, provided that if any of the Professional
Business  Manager or its personnel, or the Practice, its Professional(s), or its
other personnel do not prevail in the lawsuit or claim or settle the matter with
a  material payment by the party (the party at "fault"), such costs and expenses
shall  be  deemed  a  Professional  Business  Manager  Expense  in  the event of
Professional  Business  Manager's  fault  or  the  fault  of its personnel and a
Practice  Expense in the event of fault by the Practice, its Professional(s), or
its  other  personnel  whereupon  the Practice and such Professional(s) or other
personnel  shall  be  jointly responsible for the immediate reimbursement of the
sums  advanced  by  Professional  Business  Manager;  provided  further  that
Professional Business Manager shall not advance such costs and expenses from the
Account  if the Practice Advisory Council concludes that (i) it is unlikely that
the  Professional Practice Account will be reimbursed if the party involved will
not  prevail  in  the  lawsuit or claim, or (ii) a reasonable third person would
believe that obtaining a reimbursement of the advanced sums will be difficult to
achieve;  and  the Parties acknowledge that nothing in this Section shall create
any liability on the part of a Professional who would otherwise be shielded from
personal  liability  by  the  corporate  or  limited  liability structure of the
Practice;  and

          (f)     key  person  life and disability insurance premiums related to
policies  which  the  Parties  agree  to  acquire  on the life of the Practice's
Shareholders  or  Professionals,  whereupon  any  proceeds  shall be paid to the
Professional  Practice  Account, unless the Parties agree to a specific split of
the  proceeds.  Should  only  the  Practice  choose  to  obtain  key person life
insurance,  the  Practice shall pay all premiums as a Practice Expense and shall
receive  all  proceeds.  Further,  if  only  the  Professional  Business Manager
chooses  to  obtain  such insurance, Professional Business Manager shall pay all
premiums  as  a  Professional  Business  Manager  Expense  and shall receive all
proceeds.  The Practice shall cause its Shareholders and Professionals to submit
to  a  medical  examination  necessary  to  obtain  such  insurance.

                                        3
<PAGE>

     Expenses  contemplated in this paragraph (other than SECTION 1.11(D)) shall
be  in  the  Budget  or  approved  by  the  Practice Advisory Council, and where
reasonably  determinable, are intended to be reasonable and customary based upon
similar  relationships  generally  existing between national practice management
companies  and  practices  they manage.  The expenses related to individuals who
are  consultants of or employed by Professional Business Manager and who provide
services benefiting the Practice with respect to the Practice Locations shall be
borne by the Professional Business Manager and the Professional Business Manager
shall not be entitled to reimbursement therefore (other than through the payment
of  the  Management  Fee).  The  Parties  acknowledge  that certain expenses not
specifically  set  forth  above  and  associated  with  performing  the services
hereunder  may  benefit  both Parties or be difficult or impractical to allocate
between  the  Parties  (e.g.,  utility  costs, telephone service costs, overhead
charges,  costs of personnel (other than Professionals and Optical Technicians),
costs  of  marketing  materials  and  costs  of  equipment  provided hereunder).
Accordingly,  other benefits provided to the Practice, and expenses incurred, by
the Professional Business Manager, with respect to the Practice Locations (other
than  Office Expenses, Professional Business Manager Expenses, Practice Expenses
or  Shareholder  Expenses)  shall  be  compensated  through  the  payment of the
Management  Fee  and  the Professional Business Manager shall not be entitled to
reimbursement  therefore.  Notwithstanding  anything  to  the  contrary  herein,
unless  expressly  designated  as  a  Professional  Business  Manager Expense, a
Practice  Expense  or  a  Shareholder  Expense  in this Agreement or any exhibit
thereto,  all  direct  out-of-pocket  expenses incurred by Professional Business
Manager  in  providing  services  pursuant to this Agreement shall be considered
Office  Expenses.

     1.12     Optical  Technicians.  The  term  "Optical  Technician" shall mean
              --------------------
each  optical  technician  employed  by  the  Professional  Business Manager and
providing  services  at  the  Practice  Locations.

     1.13     Optometrist.  The  term "Optometrist" shall mean each individually
              -----------
licensed  Optometrist,  if  any,  who  is  employed  or otherwise retained by or
associated  with  the  Practice,  and shall meet at all times the qualifications
described  in  SECTION  4.3  and  SECTION  4.4.

     1.14     Ophthalmologist.  The  term  "Ophthalmologist"  shall  mean  each
              ---------------
individually  licensed  Ophthalmologist,  if  any,  who is employed or otherwise
retained  by  or  associated  with the Practice, and shall meet at all times the
qualifications  described  in  SECTION  4.3  and  SECTION  4.4.

     1.15     Parties.  The  term  "Parties"  shall  mean  the  Practice  and
              -------
Professional  Business  Manager.

     1.16     Permitted  Shareholder  Expense.  The  "Permitted  Shareholder
              -------------------------------
Expense"  shall  mean the amount equal to (i) $5,000 per Practice Location on an
annualized  basis  (such  amount to be prorated for any partial year in which an
Practice  Location  operates)  plus  (ii)  the  amount of base salary (initially
$120,000  per  annum)  paid  to the Shareholder under the President's Employment
Agreement  described  in  SECTION 4.3 hereof plus the related employee benefits,
reasonable and customary professional dues, subscriptions, continuing educations
and  technical training expenses (not to exceed $500 per Practice Location on an
annualized  basis)  and related payroll taxes as contemplated in the President's
Employment  Agreement.   The  Parties  acknowledge that the amount referenced in
clause (i) of this paragraph may be, at the option of the Practice, (A) expended
by  the Practice on additional benefits to be provided to Shareholder that would
not  otherwise  be included as an Office Expense or Practice Expense or provided
under  the  President's  Employment  Agreement,  (B) paid to an affiliate of the
Practice  for  consulting  or  other  services to the Practice, (C)  paid to the
Shareholder as a bonus or compensation in addition to the base salary owed under
the  President's  Employment  Agreement  or  (D)  distributed  to  Shareholder.

                                        4
<PAGE>

1.17     Practice.  The  term "Practice" shall have the meaning set forth in the
         --------
Recitals.

     1.18     Practice  Advisory  Council.  The term "Practice Advisory Council"
              ---------------------------
shall  have  the  meaning  set  forth  in  SECTION  2.6  of  this  Agreement.

     1.19     Practice  Expenses.  The  term  "Practice Expenses" shall mean, to
              ------------------
the  extent  relating  to  the  Practice  Locations:  (a)  all  reasonable
non-shareholder  Professionals'  and  Optical  Technicians'  salaries, benefits,
payroll  taxes  and other direct costs related to their services to the Practice
(including reasonable and customary professional dues, subscriptions, continuing
education and technical training expenses, and severance payments); (b) the cost
of  optometric  supplies (including, but not limited to, drugs, pharmaceuticals,
products, substances, items or optometric devices); (c) reasonable and customary
professional  liability  insurance  expenses  of  Professionals; (d)  reasonable
travel costs for continuing education, technical training and necessary business
travel  for  non-shareholder  Professionals  and Optical Technicians; (e) to the
extent  not covered by insurance and subject to the advance provisions contained
herein,  the  defense  costs  and  expenses  of any litigation or claims brought
against  the  Practice,  its  Professionals, or its other personnel by any third
party  in  which  the Practice, its Professionals, or its other personnel do not
prevail  or  the  matter  settles  with a material payment and the Practice, its
Professionals,  or  other  personnel are at fault, and any liability judgment or
material  settlement assessed against the Practice or its Professionals or other
personnel;  (f)  certain  equipment  expenses  described  in SECTIONS 3.2(C) and
3.2(D)  of this Agreement; (g) interest on any funds advanced to the Practice by
Professional  Business  Manager to the extent that Professional Business Manager
is  a net lender in accordance with the terms of this Agreement; (h)  any income
taxes  or  franchise  taxes  of the Practice; and (i) consulting, accounting, or
legal  fees  which  relate  solely  to  the Practice or relate to a dispute with
Professional Business Manager.  Notwithstanding the foregoing, the term Practice
Expenses  shall  specifically  exclude  (i)  business  travel  requested  by
Professional  Business  Manager,  which shall be an Office Expense, (ii) any and
all  compensation  or  expenses  attributable  to  Shareholders,  which shall be
Shareholder  Expenses  (except reasonable and customary expenses for malpractice
insurance  which shall be a Practice Expense), (iii)   "tail" insurance coverage
for Shareholders, which shall be a Shareholder Expense, or (iv) such other items
agreed  to  in advance in writing by the Parties hereto.  During this Agreement,
for  so  long  as  a  current  Shareholder  of  the  Practice is an employee of,
contractor  to, or Shareholder of the Practice, such Shareholder shall be deemed
to  be  a Shareholder for the purposes of this definition.  Such expenses are to
be  approved  annually  in  the  Budget.

     1.20     Practice  Locations.  The term "Practice Locations" shall have the
              -------------------
meaning  set  forth  in  the  Recitals.

     1.21     Professional.  The  term "Professional" shall mean any Optometrist
              ------------
or  Ophthalmologist.

     1.22     Professional  Business  Manager.  The  term "Professional Business
              -------------------------------
Manager"  shall  have  the  meaning  set  forth  in  the  Recitals  hereto.

     1.23     Professional  Business  Manager  Expense.  The  term "Professional
              ----------------------------------------
Business  Manager  Expense"  shall  mean  an  expense  or  cost  incurred by the
Professional  Business  Manager,  for which the Professional Business Manager is
financially  liable  and  is  not  entitled  to reimbursement from the Practice.
Professional Business Manager Expense shall specifically include: (a) any income
or  franchise  taxes  of  the  Professional Business Manager; (b) the expense of
providing, leasing, purchasing or otherwise procuring and maintaining the Office
equipment,  including  depreciation  in  the  case of furniture and equipment as

                                        5
<PAGE>

provided  in SECTIONS 3.2(C) and 3.2(D); (c) costs and expenses of the employees
of  the  Professional Business Manager that provide services at the Offices; (d)
utility  costs,  telephone  costs,  marketing  materials  and corporate overhead
charges;  and  (e)  any  other  expenses  or  costs  that are not reasonable and
customary  reimbursements  based  upon  a national practice management company's
usual  arrangement  with  a  practice  it  manages.

     1.24     Professional  Eye  Care Services.  The term "Professional Eye Care
              --------------------------------
Services" shall mean professional health care items and services, including, but
not  limited  to,  the  practice of optometry and ophthalmology, and all related
professional health care services provided by the Practice through Optometrists,
Ophthalmologists, and other professional health care providers that are retained
by  or  professionally  affiliated  with  the Practice; provided, however, in no
event  shall  Professional  Eye  Care  Services  include  the direct or indirect
selling  of  eye  glass  frames, sun glasses, eyeglass lenses or prisms, contact
lenses  or  contact  lens  supplies.

     1.25     Professional  Practice  Account.  The  term "Professional Practice
              -------------------------------
Account"  shall  mean  the  bank  account  described  in  SECTION  3.10.

     1.26     Representatives.  The  term "Representatives" shall mean a Party's
              ---------------
officers,  directors,  managers,  employees,  or  other  agents.

     1.27     Shareholder.  The  term  "Shareholder"  shall  mean any current or
              -----------
future  shareholder  of  the  Practice.

     1.28     Shareholder  Expense.  The  term  "Shareholder  Expense"  shall be
              --------------------
limited  to  the  following  expenses:  (a)  Shareholders'  salaries,  benefits,
payroll  taxes, and other direct costs as provided in the President's Employment
Agreement  (including  professional  dues,  subscriptions,  continuing education
expenses,  severance  payments,  and  reasonable  entertainment  expenses  and
reasonable  travel  costs  for continuing education or other reasonable business
travel but excluding business travel requested by Professional Business Manager,
which  shall  be  an  Office  Expense,  and  excluding  any  other  expense of a
Shareholder  approved  as  an  Office  Expense  in  advance by the Parties); (b)
"tail"  coverage  malpractice  insurance  expenses  for the Shareholders and any
malpractice  insurance expenses of any Professional which are in excess of those
which  are  customary  and  reasonable; and (c) consulting, accounting, or legal
fees  which  relate solely to the Shareholders or relate to any dispute with the
Professional  Business  Manager.  In  addition  to  the  foregoing, "Shareholder
Expenses"  shall  include  any  non-operating  expenses  of  the  Practice,  any
extraordinary  or unusual expenses of the Practice,  any unreasonable continuing
education  expenses,  entertainment  expenses  or  travel costs and any costs or
expenses  with  respect to requests by the Practice that are not approved by the
Professional  Business  Manager  (e.g.,  costs  of  additional  Non-Professional
personnel  at  the  locations,  costs  of  marketing or advertising in excess of
advertising  proposed  by  the  Professional  Business  Manager). In determining
whether  to  approve  such  excess  expenditures  requested by the Practice, the
Professional  Business  Manager shall use its judgment based upon its experience
in  other  professional  management relationships.  The Practice shall reimburse
the  Professional  Business  Manager for any Shareholder Expense incurred by the
Professional Business Manager.  Unless expressly designated as a Management Fee,
a  Professional  Business  Manager  Expense,  an  Office  Expense, or a Practice
Expense  in  this Agreement or in any exhibit hereto or in any written agreement
of  the  Parties,  any  expense  incurred  by the Practice shall be considered a
Shareholder  Expense.  Notwithstanding  the  above,  the  Practice  may  require
certain  Professionals  to  pay certain expenses incurred for them specifically.
Nothing  in  this  Section  shall  create  personal liability on the part of the
Practice's  Shareholders.

                                        6
<PAGE>

     1.29     Term.  The  term  "Term"  shall  mean  the initial and any renewal
              ----
periods  of  duration  of  this  Agreement  as  described  in  SECTION  6.1.

                                   ARTICLE II

                  APPOINTMENT OF PROFESSIONAL BUSINESS MANAGER
                  --------------------------------------------

     2.1     Appointment.  The  Practice  hereby  appoints Professional Business
             -----------
Manager as its sole and exclusive agent for the management and administration of
the  business  functions  and  business  affairs  of the Office and Professional
Business  Manager  hereby  accepts such appointment, subject at all times to the
provisions  of this Agreement.  Notwithstanding any provisions in this Agreement
to  the  contrary,  Professional Business Manager's duties, responsibilities and
authority  hereunder  shall  only  extend  to  the  management  of  the Practice
Locations  set forth on EXHIBIT A hereto, which may be amended from time to time
with  the  consent  of  the  Practice  and  Professional  Business Manager or as
provided  in  SECTION  6.2(C)  hereof.

     2.2     Authority.  Consistent  with  the  provisions  of  this  Agreement,
             ---------
Professional  Business  Manager  shall  have the responsibility and commensurate
authority  to  provide  Management  Services  for  the  Practice at the Practice
Locations.  The  Practice  shall  give Professional Business Manager thirty (30)
days'  prior notice of the Practice's intent to execute any agreement creating a
binding  legal obligation on the Practice to the extent relating to the Practice
Locations.  The  Parties  acknowledge  and  agree that the Practice, through its
Professionals,  shall  be  responsible  for  and  shall have complete authority,
responsibility,  supervision  and control over the provision of all Professional
Eye  Care  Services  and  other  professional health care services performed for
patients,  and that all diagnoses, treatments, procedures and other professional
health care services shall be provided and performed exclusively by or under the
supervision  of  Professionals  as such Professionals, in their sole discretion,
deem  appropriate.  Professional  Business  Manager  shall  have  and  exercise
absolutely no control, influence, authority or supervision over the provision of
Professional  Eye  Care  Services.

     2.3     Patient  Referrals.  Professional Business Manager and the Practice
             ------------------
agree  that  the  benefits  to the Practice and to Professional Business Manager
hereunder do not require, are not payment for, and are not in any way contingent
upon  the  referral, admission or any other arrangement for the provision of any
item  or  service  offered  by  Professional Business Manager to patients of the
Practice  in  any  facility,  laboratory,  center  or  health  care  operation
controlled,  managed  or  operated  by Professional Business Manager or upon the
referral,  admission,  or any other arrangement for the provision of any item or
service  offered  by  the  Practice.

     2.4     Internal  Decisions  of  the  Practice.  Matters  involving  the
             --------------------------------------
Practice's  allocation  of  professional  income  among its Shareholders and the
Professional  employees of the Practice, tax planning and pension and investment
planning shall remain the responsibility of the Practice and the Shareholders of
the  Practice.  The Professional Business Manager may not and shall not directly
or  indirectly  control or attempt to control, dictate or influence, directly or
indirectly,  the  professional judgment including, but not limited to, the level
or  type of care or services rendered, the manner of practice or the practice of
the  Practice  or  any  Professional  employed  by  the  Practice.

                                        7
<PAGE>

     2.5     Practice  of  Optometry.  The Parties acknowledge that Professional
             -----------------------
Business  Manager  is not authorized or qualified to engage in any activity that
may  be  construed  or  deemed  to constitute the practice of optometry.  To the
extent  any  act  or  service  herein  required  to be performed by Professional
Business  Manager should be construed by a court of competent jurisdiction or by
the  Board of Optometry to constitute the practice of optometry, the requirement
to  perform that act or service by Professional Business Manager shall be deemed
waived  and  unenforceable. Although Professional Business Manager shall provide
Non-Professional  Personnel  to  the  Practice and Professional Business Manager
shall  manage  the  administrative  aspects  of  their  employment,  all
Non-Professional  Personnel  shall  be subject to the direction, supervision and
control  of the Practice and its Professionals in the performance of any and all
Clinical  Duties  and in the performance of Clinical Duties shall not be subject
to  any direction or control by, or liability to, Professional Business Manager.
Professional  Business  Manager  may  not  and  shall  not control or attempt to
control,  directly  or  indirectly,  the  professional  judgment,  the manner of
practice  or  the  practice  of the Practice or any Professional employed by the
Practice.  In  this  regard,  Professional Business Manager shall not attempt to
dictate, influence or control the scope, level, or type of Professional Eye Care
Services  provided  to patients of the Office, the frequency of patient contacts
at  the  Office  (except  to  the extent necessary to establish the Budget), the
discipline of any Professionals who are Practice employees, the fees charged for
Professional Eye Care Services provided to patients of the Office (except to the
extent  necessary  to establish the Budget or negotiate managed care contracts),
or  any  other matter that impinges on the professional judgment of the Practice
or  any  Professional  employed  by  the  Practice.

     2.6     Formation  and  Operation  of  the  Practice Advisory Council.  The
             -------------------------------------------------------------
Parties  hereby establish a Practice Advisory Council which shall be responsible
for  advising  Professional  Business  Manager  and the Practice with respect to
developing  the  Office  and implementing management and administrative policies
for  the overall operation of the Office and for providing dispute resolution on
certain  matters.  The  Practice  Advisory  Council  shall  consist  of four (4)
members.  Professional Business Manager shall designate, in its sole discretion,
two (2) members of the Practice Advisory Council or may have one (1) member with
two  (2)  votes.  The  Practice shall designate, in its sole discretion, two (2)
members of the Practice Advisory Council or may have one (1) member with two (2)
votes.  The  Practice Advisory Council members selected by the Practice shall be
full-time  Professional employees of the Practice.  Each Party's representatives
to  the  Practice Advisory Council shall have the authority to make decisions on
behalf of the respective Party.  Except as may otherwise be provided, the act of
a  majority  of the members of the Practice Advisory Council shall be the act of
the  Practice  Advisory  Council,  provided  that  the  affirmative  vote of the
Practice  member(s)  shall  be  required  on  all votes of the Practice Advisory
Council  relating  to  or  affecting  the  provision  of  Professional  Eye Care
Services.  The  decisions,  resolutions,  actions,  or  recommendations  of  the
Practice  Advisory Council shall be implemented by Professional Business Manager
or  the  Practice,  as  appropriate.

     2.7     Duties  and Responsibilities of the Practice Advisory Council.  The
             -------------------------------------------------------------
Practice  Advisory  Council  shall  review,  evaluate, make recommendations, and
where  specifically  authorized herein and permitted by law, make decisions with
respect  to  the  following  matters,  to  the  extent  relating to the Practice
Locations:

          (a)     Facility  Improvements  and  Expansion.  Any  renovation  and
                  --------------------------------------
expansion  plans  and  capital  equipment  expenditures  with  respect  to  the
Practice's  facilities  at  the  Practice  Locations  shall  be  reviewed by the
Practice Advisory Council, which shall make recommendations to the Practice with
respect  to  proposed  changes therein.  Such renovation and expansion plans and
capital  equipment  expenditures  shall

                                        8
<PAGE>

be  based  upon  economic  feasibility,  optometry  support,  productivity  and
then-current  market  conditions.

          (b)     Marketing and Public Relations.  The Practice Advisory Council
                  ------------------------------
shall  review  and  make  recommendations  to  the  Practice with respect to all
marketing  and  public  relations services and programs promoting the Practice's
Professional  Eye  Care Services and ancillary services rendered by the Practice
at  the  Practice  Locations.

          (c)     Patient  Fees;  Collection  Policies.  The  Practice  Advisory
                  ------------------------------------
Council shall review and make recommendations to the Practice concerning the fee
schedule  and  collection  policies  for  all Professional Eye Care Services and
ancillary  services  rendered  by  the  Practice  at  the  Practice  Locations.

          (d)     Ancillary  Services.  The  Practice  Advisory  Council  shall
                  -------------------
approve  any  new  non-professional  ancillary  services  to  be rendered by the
Practice  at  the Practice Locations and the pricing, continuation of, access to
and  quality  of  such  services.

          (e)     Provider  and  Payor  Relationships.  The  Practice  Advisory
                  -----------------------------------
Council  shall  review  and  make  recommendations to the Practice regarding the
establishment  or  maintenance  of  relationships  between  the  Practice  and
institutional  health  care  providers  and third-party payors, and the Practice
shall review and approve all agreements with institutional health care providers
and  third-party  payors.  The  Practice  Advisory  Council  shall  also  make
recommendations  to  the Practice concerning discounted fee schedules, including
capitated  fee  arrangements  of  which  the  Practice shall be a party, and the
Practice  shall  review  and  approve  all  such  capitated  fee  arrangements.

          (f)     Strategic  Planning.  The  Practice  Advisory Council may make
                  -------------------
recommendations  to  the  Practice concerning development of long-term strategic
planning  objectives  for  the  Practice.

          (g)     Capital  Expenditures.  The  Practice  Advisory  Council shall
                  ---------------------
make  recommendations  to  the Practice concerning the priority of major capital
expenditures,  and  shall  review and approve any commitment to make any capital
expenditures  relating  to  the  Office  involving  amounts in excess of $15,000
individually, or $50,000 in the aggregate, in any one fiscal year, which amounts
may  be  increased  from  time  to  time  by  agreement  of  the  Parties.

          (h)     Fee  Dispute  Resolution.  At  the  request  of  Professional
                  ------------------------
Business  Manager  or  the  Practice,  the  Practice Advisory Council shall make
recommendations  to  Professional  Business  Manager with respect to any dispute
concerning  a  set  off  or  reduction  in  Management  Fees.

          (i)     Grievances  Referrals.  The  Practice  Advisory  Council shall
                  ---------------------
consider  and  make  recommendations  to  Professional  Business Manager and the
Practice  regarding  grievances pertaining to matters not specifically addressed
in  this  Agreement  as  referred  to it by Professional Business Manager or the
Practice's  Board  of  Directors.

          (j)     Termination of Professional Business Manager's Personnel.  The
                  --------------------------------------------------------
Practice  Advisory  Council  shall  review  and  approve  any  decision  by  the
Professional  Business  Manager  to  terminate  any  of  Professional  Business
Manager's personnel primarily located at the Office who occupy office manager or
high  level  positions.

                                        9
<PAGE>

          (k)     Approval  of New Offices or Dispensary.  The Practice Advisory
                  --------------------------------------
Council shall approve any move of any current Office location or expansion to an
additional  Office  location.

     Except  in  those  specific instances set forth above in which the Practice
Advisory  Council  has been granted the authority to make decisions binding upon
the  Professional  Business  Manager  and  the  Practice, it is acknowledged and
agreed  that  recommendations  of the Practice Advisory Council are intended for
the  advice  and  guidance of Professional Business Manager and the Practice and
that  the Practice Advisory Council does not have the power to bind Professional
Business  Manager  or the Practice.  Where discretion with respect to any matter
is  vested  in  Professional Business Manager or the Practice under the terms of
this  Agreement,  Professional Business Manager or the Practice, as the case may
be,  shall  have  ultimate  responsibility  for the exercise of such discretion,
notwithstanding  any  recommendations  of  the  Practice  Advisory  Council.
Professional  Business  Manager  and  the  Practice  shall,  however,  take such
recommendations  of  the Practice Advisory Council into account in good faith in
the  exercise  of  such  discretion.

     2.8     Professional Health Care Decisions. Notwithstanding anything herein
             ----------------------------------
to  the  contrary, all decisions required by applicable law to be made solely by
health  care professionals will be made solely by the appropriate Professionals.
The  Practice  shall  have  ultimate  and  exclusive authority concerning issues
related  to:

          (a)     Types,  levels, and scope of Professional Eye Care Services to
be  provided  (provided,  however, that the Practice Advisory Council shall have
the  authority  set  forth  in  SECTION  2.7(D) with respect to non-professional
ancillary  services);

          (b)     The  scheduling  and  availability  of  Professional  Eye Care
Services;

          (c)     Recruitment  of  Professionals  to the Practice, including the
specific  qualifications  and  specialties  of  recruited  Professionals;

          (d)     Any  optometric-related  functions;

          (e)     Fee  schedules  for  Professional  Eye  Care  Services;

          (f)     Frequency,  volume  and/or  scheduling  of patient encounters;

          (g)     The  discipline  of  any  Professionals  or  Non-Professional
Personnel  with  respect to the performance of Professional Eye Care Services or
Clinical  Duties,  as  applicable;  and

          (h)     Any  other  decisions  required  by  applicable law to be made
solely  by  Professionals  and  not  by  Non-Professionals.

     Without  limiting  the  generality  of  the  foregoing,  in  no event shall
Professional  Business  Manager  have  any  authority  which  will result in the
Practice,  or  the  Professionals  retained  by  the  Practice,  engaging  in
Unprofessional  Conduct  as  more  specifically set forth in SECTION 4.4 hereof.

                                       10
<PAGE>

     2.9     Meetings  of  the Practice Advisory Council.  The Practice Advisory
             -------------------------------------------
Council  shall  meet  on  a  regular basis as mutually agreed by the Parties.  A
special  meeting  of the Practice Advisory Council may be called by Professional
Business Manager or the Practice upon two (2) weeks' notice, except in the event
of  an  emergency, in which case a special meeting may be called by Professional
Business Manager or the Practice upon three (3) business days' notice.  Meetings
may  be  held  telephonically  or  by  any other means agreeable to the Parties.

                                   ARTICLE III

              OBLIGATIONS AND RESPONSIBILITIES OF BUSINESS MANAGER
              ----------------------------------------------------

     3.1     Management  Services.  Professional  Business Manager shall provide
             --------------------
all  Management  Services  as  are  necessary and appropriate for the day-to-day
administration  of  the  business  aspects  of  the Practice's operations at the
Practice  Locations,  pursuant  to  the  terms  of this Agreement.  Professional
Business  Manager  shall  operate  in a reasonable and customary manner with due
consideration  to  the  Practice's  past business practices and shall operate in
accordance  with  all applicable laws, rules and regulations which are necessary
and  material  to  the  Professional  Business  Manager's  performance  of  the
Management  Services.  Professional  Business Manager will provide in good faith
and  with  due  diligence  its  services  consistent  with  management  services
generally  provided  in  the  operations of optometric practice similar in size,
type  and  operations  in the Practice Areas.  All reasonable costs and expenses
related  to Professional Business Manager's duties contained in this ARTICLE III
shall  be  Office  Expenses  unless  limited  or  excluded  as an Office Expense
pursuant  to  the  terms  of  this  Agreement.  Subject  to  SECTION  6.2(C),
Professional  Business  Manager  hereby  consents  and  agrees  to  provide  all
Management  Services  to  all  Office  facilities  and locations at the Practice
Locations;  provided,  however,  that  during  the  Term  of  this Agreement the
Practice  shall  not  engage  any  individual  or entity other than Professional
Business  Manager to provide Management Services to the Practice at the Practice
Locations  without  the  consent  and approval of the Practice Advisory Council.

     3.2     Office,  Facilities  and  Equipment.
             -----------------------------------

          (a)     Professional  Business Manager shall procure, for or on behalf
of the Practice, leases (or sublease agreements) for the Practice Locations that
are  deemed  by the Parties to be reasonable, necessary and appropriate, and the
expense  associated therewith shall be an Office Expense.  Professional Business
Manager  shall  consult with the Practice regarding the condition, use and needs
of Office facilities, offices and improvements.  The Practice shall pay when due
all  rents and expenses of the Office, including without limitation expenses for
leasehold  or  facility  improvements.  Such  rents and expenses shall be Office
Expenses.

          (b)     To  the  extent  required  to  provide  Office  space  to  the
Practice,  Professional  Business  Manager  shall  negotiate  and administer all
leases  of  and  agreements  for  Office facilities at the Practice Locations on
behalf  of  the  Practice; provided, however, that Professional Business Manager
shall consult with the Practice on all professional or clinical matters relating
thereto  and  that  the  Practice  shall  consent  to  any  lease  negotiated by
Professional Business Manager, which consent shall not be unreasonably withheld.
The Parties acknowledge that the initial rental payments for the Office space at
the  Practice  Locations  shall  be  as  set forth on EXHIBIT A attached hereto.
Notwithstanding  any  provision  in this Agreement to the contrary, Professional
Business  Manager  shall  not  have any duty or obligation to negotiate

                                       11
<PAGE>

or  enter  into  leases  or  subleases on behalf of the Practice with respect to
Office  facilities  that  will  have terms in excess of the then current term of
this  Agreement and the Practice acknowledges that such leases or subleases will
be  coterminous  with  this  Agreement.

          (c)     Professional  Business  Manager  shall  provide all non-health
care  equipment,  fixtures,  office  supplies,  furniture and furnishings as are
reasonable  and  approved  in the Budget for the operation of the Office and the
provision  of  Professional  Eye  Care  Services at the Practice Locations.  The
expense of such equipment shall be a Professional Business Manager Expense.   If
the  Practice  wishes  to  choose  additional  equipment, which the Professional
Business Manager determines not to acquire or lease, the Practice may acquire or
lease such equipment, and the expense related thereto shall be deemed a Practice
Expense.

          (d)     Professional  Business  Manager  shall  provide  health  care
related  equipment  as  reasonably  required by the Practice with respect to the
Practice  Locations.  The Practice shall have final authority in all health care
equipment selections; provided, however, that if the Practice chooses to acquire
health  care equipment for the Practice Locations which is not in the Budget and
which  Professional Business Manager reasonably chooses not to acquire, expenses
related  thereto shall be treated as a Practice Expense and such equipment shall
be  owned  by  the Practice; provided further that following such acquisition or
lease  by  the  Practice,  if  the  Practice Advisory Council determines after a
period  of  six  months of use such equipment is reasonably certain to result in
material  profit  to Professional Business Manager (taking into account the cost
or  expense  and  anticipated  revenues  associated  with  such  equipment) then
Professional  Business Manager shall acquire such equipment from the Practice by
either  (at  Professional Business Manager's option), paying cash or by assuming
the liability associated with such equipment, or if such equipment is then being
leased  by  the  Practice,  by  assuming  such  lease.  In  the event of such an
acquisition  by  Professional  Business Manager, it shall reimburse the Practice
for  previous expenses applied thereto.  Except for equipment which Professional
Business  Manager  elects  not to acquire or lease that is acquired or leased by
the  Practice  pursuant to SECTION 3.2(C) or (D), all health care and non-health
care  equipment, other than Professional-owned automobiles, acquired for the use
of  the  Practice  at  the  Practice  Locations  shall  be owned by Professional
Business  Manager  and  the  depreciation  and related capital charge shall be a
Professional  Business  Manager Expense.  Professional Business Manager may make
recommendations  to  the  Practice  on  the relationship between its health care
equipment  decisions  and the overall administrative and financial operations of
the  Practice  at  the  Practice  Locations.

          (e)     Professional  Business  Manager  shall  be responsible for the
repair  and  maintenance  of  the  Office,  consistent  with  the  Practice's
responsibilities  under the terms of any lease or other use arrangement, and for
the prompt repair, maintenance, and replacement of all equipment other than such
repairs,  maintenance  and  replacement  necessitated by the gross negligence or
willful  misconduct  of  the  Practice,  its  Professionals  or  other personnel
employed by the Practice, the repair or replacement of which shall be a Practice
Expense  and  not  an  Office  Expense.  Replacement equipment shall be acquired
where  Professional  Business  Manager in good faith determines, in consultation
with  the  Practice,  that such replacement is necessary or where the Budget has
made  allowances  for  such  replacement.

     3.3     Health  Care  Supplies.  Professional Business Manager shall order,
             ----------------------
procure,  purchase  and  provide  on behalf of and as agent for the Practice all
reasonable  health  care  supplies  relating  to  the  Practice Locations unless
otherwise  prohibited  by  federal  and/or state law.  Furthermore, Professional
Business Manager shall ensure that the Office is at all times adequately stocked
with  the  health  care  supplies  that  are  necessary  and appropriate for the
operation  of the Office and required for the provision of Professional Eye

                                       12
<PAGE>

Care Services at the Practice Locations. The ultimate oversight, supervision and
ownership  for  all  health  care  supplies  is  and  shall  remain  the  sole
responsibility  of  the  Practice  and  all  costs and expenses relating to such
supplies shall be an Office Expense. As used in this provision, the term "health
care  supplies"  shall  mean  all  drugs, pharmaceuticals, products, substances,
items  or  devices  whose  purchase,  possession,  maintenance,  administration,
prescription  or  security  requires  the  authorization  or order of a licensed
health  care provider or requires a permit, registration, certification or other
governmental  authorization held by a licensed health care provider as specified
under  any  federal  and/or  state  law.

     3.4     Support  Services.  Professional  Business Manager shall provide or
             -----------------
arrange  for  all  printing,  stationery,  forms,  postage,  duplication  or
photocopying  services,  and  other support services as are reasonably necessary
and  appropriate  for  the  operation  of  the  Office  and  the  provision  of
Professional  Eye  Care  Services  therein.

     3.5     Quality  Assurance,  Risk  Management,  and  Utilization  Review.
             ----------------------------------------------------------------
Professional  Business  Manager  shall  assist  the  Practice  in the Practice's
establishment  and  implementation  of  procedures  to  ensure  the consistency,
quality,  appropriateness,  and  necessity  of  Professional  Eye  Care Services
provided  by  the  Practice  at  the  Practice  Locations,  and  shall  provide,
administrative  support  for  the  Practice's  overall  quality  assurance, risk
management,  and utilization review programs relating to the Practice Locations.
Professional  Business  Manager  shall perform these tasks in a manner to ensure
the  confidentiality  and  non-discoverability  of  these program actions to the
fullest  extent  allowable  under  state  and  federal  law.

     3.6     Licenses  and  Permits.  Professional  Business  Manager  shall, on
             ----------------------
behalf  of  and  in  the  name  of  the Practice, coordinate all development and
planning  processes,  and  apply  for  and  use reasonable efforts to obtain and
maintain  all  federal, state and local licenses and regulatory permits required
for  or  in  connection  with  the  operation  of  the  Office and the equipment
(existing  and  future)  located  at  the  Practice  Locations, other than those
relating  to  the  practice  of  optometry  or  the  administration  of drugs by
Professionals  retained  by  or  associated with the Practice.  The expenses and
costs  associated  with  obtaining  and  maintaining permits with respect to the
Office  shall  be  deemed  Office  Expenses.

     3.7     Personnel.
             ---------

          (a)     Selection  and  Retention  of  Professional Business Manager's
                  --------------------------------------------------------------
Personnel.  Except  as  specifically  provided in SECTION 4.3 of this Agreement,
   ------
Professional  Business  Manager shall, in consultation with the Practice, employ
or  otherwise  retain  and shall be responsible for selecting, hiring, training,
supervising,  and  terminating,  all  management,  administrative,  technical,
clerical,  secretarial, bookkeeping, accounting, payroll, billing and collection
and  other  personnel (excluding Professionals) as Professional Business Manager
deems  reasonably  necessary  and appropriate for the operation of the Office at
the  Practice  Locations  and for Professional Business Manager's performance of
its  duties  and  obligations  under this Agreement.  Consistent with reasonably
prudent  personnel management policies, Professional Business Manager shall seek
and  consider  the  advice,  input,  and  requests  of the Practice in regard to
personnel matters.  Professional Business Manager shall have sole responsibility
for determining the salaries and providing fringe benefits, and for withholding,
as  required  by  law,  any  sums for income tax, unemployment insurance, social
security,  or  any  other withholding required by applicable law or governmental
requirement.  Professional  Business  Manager  reserves  the right to change the
number,  composition  or  employment  terms  of  such personnel in the future at
Professional  Business  Manager's  discretion;  provided,  however,  that  the
termination  of  any  of  Professional  Business  Manager's personnel who occupy
office  manager or high level positions, and are primarily located at the Office
must  receive  the  approval  of  the

                                       13
<PAGE>

Practice  Advisory  Council.  Professional  Business  Manager  and  the Practice
recognize  and  acknowledge  that  Professional  Business  Manager and personnel
retained by Professional Business Manager may from time to time perform services
for  persons  other  than the Practice. This Agreement shall not be construed to
prevent  or prohibit Professional Business Manager from performing such services
for others or restrict Professional Business Manager from using its personnel to
provide  services  to others. Professional Business Manager hereby disclaims any
liability  relating  to  the effect of its employees on the qualification of the
Practice's retirement plans under the Internal Revenue Code, and all liabilities
for  such  classification  shall  be  solely the responsibility of the Practice.

          (b)     Termination  of Professional Business Manager's Personnel.  If
                  ---------------------------------------------------------
the  Practice  is dissatisfied with the services of any employee of Professional
Business  Manager  or  any  personnel  under  Professional  Business  Manager's
direction,  supervision  and  control,  at  the Practice Locations, the Practice
shall consult with Professional Business Manager.  Professional Business Manager
shall  in good faith determine whether the performance of that employee could be
brought  to  acceptable  levels  through counsel and assistance, or whether such
employee  should  be  relocated  or  terminated.  All  of  Professional Business
Manager's  determinations  regarding  Professional  Business Manager's personnel
shall be governed by the overriding principle and goal of providing high quality
optometric and/or therapeutic optometric support services.  Employee assignments
shall  be  made  to  assure  consistent  and continued rendering of high quality
optometric  and/or  therapeutic  optometric  support services.  The Professional
Business  Manager  shall  maintain  established  working  relationships wherever
possible,  and  Professional Business Manager shall make every effort consistent
with  sound  business  practices  to honor the specific requests of the Practice
with  regard  to  the  assignment  of  employees.  Notwithstanding that which is
contained  in  this  SECTION  3.7(B),  the  Practice  shall  have  the right and
obligation to determine the direction, supervision, and control of any personnel
while  said  personnel are involved in the performance of Clinical Duties at the
Practice  Locations, including prohibiting said personnel from being involved in
the  performance  of  Clinical  Duties.

     3.8     Contract  Negotiations.  Professional  Business  Manager  shall
             ----------------------
evaluate,  assist  in  negotiations  and  administer  on  behalf of the Practice
contracts relating to the Practice Locations that do not relate to the provision
of  Professional  Eye  Care  Services  as  set forth in this Agreement and/or as
approved  in  the Budget.  To the extent permitted by law, Professional Business
Manager  shall  evaluate,  assist in negotiations, administer and execute on the
Practice's  behalf,  all  contractual  arrangements  with  third  parties as are
reasonably  necessary  and  appropriate  for  the  Practice's  provision  of
Professional  Eye  Care  Services  at  the Practice Locations including, without
limitation,  negotiated  price  agreements  with third-party payors, alternative
delivery  systems,  or  other  purchasers  of  group  health care services.  The
Professional  Business  Manager  shall  review  and  make recommendations to the
Practice regarding the establishment or maintenance of relationships between the
Practice  (with respect to the Practice Locations) and institutional health care
providers  and third-party payors, and the Practice shall review and approve all
agreements with institutional health care providers and third-party payors.  The
Professional  Business  Manager  shall also make recommendations to the Practice
concerning  discounted  fee  schedules,  including capitated fee arrangements of
which  the  Practice  (with respect to the Practice Locations) shall be a party,
and  the  Practice shall review and approve all such capitated fee arrangements.
The  Practice  shall  have the final authority with regard to the entry into all
such contractual arrangements relating to the provision of Professional Eye Care
Services  at  the  Practice  Locations.

                                       14
<PAGE>

     3.9     Billing  and  Collection  As  an  agent  on  behalf  of and for the
             ------------------------
account  of  the  Practice,  Professional  Business  Manager shall establish and
maintain  credit  and  billing and collection services, policies and procedures,
and  shall  use  reasonable  efforts to timely bill and collect all fees for all
billable  Professional  Eye  Care  Services  provided  by  the  Practice,  the
Professionals  or other personnel employed or otherwise retained by the Practice
at  the  Practice  Locations.  In  connection  with  the  billing and collection
services  to  be  provided hereunder, and throughout the Term (and thereafter as
provided  in  SECTION  6.3), the Practice hereby grants to Professional Business
Manager  an  exclusive  special  power  of  attorney  and  appoints Professional
Business  Manager  as  the  Practice's  exclusive  true  and  lawful  agent  and
attorney-in-fact  (which shall be deemed revoked in the event of termination for
cause  by  the  Practice), and Professional Business Manager hereby accepts such
special  power  of  attorney  and appointment, for the following purposes to the
extent  relating  to  the  Practice  Locations:

          (a)     To  bill the Practice's patients, in the Practice's name using
the  Practice's  tax identification number and on the Practice's behalf, for all
billable  Professional Eye Care Services provided by the Practice to patients at
the  Practice  Locations;

          (b)     To  bill,  in  the  Practice's  name  using the Practice's tax
identification number and on the Practice's behalf, all claims for reimbursement
or  indemnification  from  health  maintenance  organizations,  self-insured
employers,  insurance  companies,  Medicare,  Medicaid and all other third-party
payors  or  fiscal intermediaries for all covered billable Professional Eye Care
Services  provided  by  the  Practice  to  patients  at  the Practice Locations;

          (c)     To  collect  and  receive,  in  the Practice's name and on the
Practice's behalf, all accounts receivable generated by such billings and claims
for  reimbursement,  to  administer such accounts including, but not limited to:
(i) extending the time of payment of any such accounts; (ii) suing, assigning or
selling  at  a  discount  such  accounts to collection agencies; or (iii) taking
other  measures  to require the payment of any such accounts; provided, however,
that  the  Practice  shall  review  and  approve  (which  approval  shall not be
unreasonably  withheld)  any  decision  by  Professional  Business  Manager  to
undertake  extraordinary  collection  measures,  such  as  filing  lawsuits,
discharging  or  releasing  obligors,  or  assigning  or  selling  accounts at a
discount  to  collection agencies.  Professional Business Manager shall act in a
professional  manner  and  in  compliance  with  all federal and state fair debt
collection  practices  laws  in  rendering  billing  and  collection  services;

          (d)     To  deposit  all  amounts  collected on behalf of the Practice
into the Professional Practice Account which shall be and at all times remain in
the  Practice's  name.  The  Practice  covenants  to transfer and deliver to the
Professional  Practice  Account all funds received by the Practice from patients
or  third-party  payors  for billable Professional Eye Care Services rendered at
the  Practice  Locations.  Upon  receipt by Professional Business Manager of any
funds  from  patients or third-party payors or from the Practice pursuant hereto
for  billable Professional Eye Care Services rendered at the Practice Locations,
Professional  Business  Manager  shall  immediately  deposit  the  same into the
Professional  Practice Account.  Professional Business Manager shall administer,
be  responsible  for, and be obligated to pay for all Office Expenses; provided,
however,  that  Professional  Business  Manager  shall only be liable for Office
Expenses  to  the  extent  of  funds  in  the  Professional  Practice  Account.
Professional  Business  Manager  shall  disburse  funds  from  the  Professional
Practice  Account  to  creditors  and  other  persons on behalf of the Practice,
maintaining  records  of  such  receipt  and  disbursement  of  funds;

                                       15
<PAGE>

          (e)     To  take  possession  of, endorse in the name of the Practice,
and  deposit  into  the  Professional  Practice Account any notes, checks, money
orders,  insurance  payments,  and  any other instruments received in payment of
accounts  receivable  of  the  Practice  relating to the Practice Locations; and

          (f)     To  sign  checks  on  behalf  of  the  Practice,  and  to make
withdrawals  from  the  Professional Practice Account, for payments specified in
this  Agreement.  Upon  request  of  Professional Business Manager, the Practice
shall  execute and deliver to the financial institution wherein the Professional
Practice  Account is maintained, such additional documents or instruments as may
be  necessary  to  evidence  or  effect the special power of attorney granted to
Professional Business Manager by the Practice pursuant to this SECTION 3.9.  The
special  power  of attorney granted herein shall be coupled with an interest and
shall  be  irrevocable  except  with  Professional  Business  Manager's  written
consent.  The irrevocable power of attorney shall expire when this Agreement has
been  terminated,  all  accounts  receivable  payable  to  Professional Business
Manager  pursuant to this Agreement have been collected, and all Management Fees
due  to  Professional Business Manager have been paid.  If Professional Business
Manager  assigns this Agreement in accordance with its terms, the Practice shall
execute  a  power  of  attorney in favor of the assignee in a form acceptable to
Professional  Business  Manager.

     3.10     Maintenance  of  Professional  Practice  Account.
              ------------------------------------------------

          (a)     Power  of  Attorney.  Professional Business Manager shall have
                  -------------------
access  to  the  Professional  Practice  Account  solely for the purposes stated
herein.  In  connection  herewith and throughout the term of this Agreement, the
Practice  hereby  grants  to  Professional Business Manager an exclusive special
power  of  attorney  for  the  purposes  stated herein and appoints Professional
Business  Manager  as  the  Practice's  exclusive,  true,  and  lawful agent and
attorney-in-fact,  and Professional Business Manager hereby accepts such special
power  of  attorney  and  appointment, to deposit into the Professional Practice
Account  all  funds, fees, and revenues received from collection by Professional
Business  Manager for Professional Eye Care Services rendered to patients of the
Office,  and  for  all  other  professional  and Office services relating to the
Practice  Locations  and  to  make  withdrawals  from  the Professional Practice
Account  for  payments specified in this Agreement and as requested from time to
time  by  the Practice.  Notwithstanding the exclusive special power of attorney
granted  to  Professional  Business  Manager  hereunder,  the Practice may, upon
reasonable  advance  notice to Professional Business Manager, draw checks on the
Professional  Practice  Account;  provided,  however,  that  the  Practice shall
neither  draw  checks  on  the  Professional  Practice  Account  nor  request
Professional  Business  Manager  to  do  so  if  the  balance  remaining  in the
Professional  Practice  Account  after  such withdrawal would be insufficient to
enable  Professional  Business  Manager  to  pay  on  behalf of the Practice any
Management  Fee  or  reimbursement of any expense to which Professional Business
Manager  may  be entitled or any Office Expense, Practice Expense or Shareholder
Expense  attributable  to  the  operations  of the Office or to the provision of
Professional  Eye  Care Services and/or any other obligations of the Practice to
the  extent  relating  to  the  Practice Locations.  Limits on authority to sign
checks  and  purchase  orders  shall  be  mutually  agreed  upon by Professional
Business  Manager  and  the  Practice.  The  Parties  acknowledge and agree that
Professional  Business Manager may periodically sweep (e.g., withdraw all funds)
the  Professional  Practice  Account for the purpose of managing the cash of the
Practice,  such  cash  management  to  be  in  accordance  with the Professional
Business  Manager's  own  cash  management  practices.

                                       16
<PAGE>

          (b)     Payments  from  the  Professional  Practice Account.  From the
                  ---------------------------------------------------
funds  collected  and  deposited  by  the  Professional  Business Manager in the
Professional  Practice  Account,  the Professional Business Manager shall pay in
the  following  order of priority and in accordance with applicable requirements
under  law  or  contract:

               (i)     any  refunds  owed  to  patients  by  the  Practice;

               (ii)     all  Office  Expenses;

               (iii)     Practice  Expenses (other than the cost of acquiring or
leasing  equipment  pursuant  to  SECTIONS  3.2(C)  and  3.2(D));

               (iv)     Permitted  Shareholder  Expenses;

               (v)     the  past  due  Management  Fee  compensation owed to the
Professional  Business  Manager  pursuant  to  SECTION  5.1  hereof;

               (vi)     the  current  Management  Fee  compensation  owed to the
Professional  Business  Manager  pursuant  to  SECTION  5.1  hereof;  and

               (vii)     all  remaining  Practice  Expenses  and  Shareholder
Expenses.

          Notwithstanding  the  foregoing  priorities  of payment, the Permitted
Shareholder  Expenses  (other  than  the expenses arising out of the President's
Employment Agreement) and other Shareholder Expenses shall be paid at the end of
each consecutive 12-month period of this Agreement unless otherwise consented to
by  the  Professional  Business  Manager.

          (c)     Additional  Documents.  Upon  request of Professional Business
                  ---------------------
Manager,  the  Practice  shall  execute and deliver to the financial institution
wherein  the  Professional  Practice  Account  is  maintained,  such  additional
documents  or  instruments as may be necessary to evidence or effect the special
power  of  attorney  granted  to  Professional  Business Manager by the Practice
pursuant  to  this  SECTION  3.10.  The special power of attorney granted herein
shall  be  coupled  with  an  interest  and  shall  be  irrevocable  except with
Professional  Business  Manager's  written  consent.  The  irrevocable  power of
attorney  shall  expire  when  this  Agreement has been terminated, all accounts
receivable  payable  to Professional Business Manager pursuant to this Agreement
have  been  collected,  and  all  Management  Fees  due to Professional Business
Manager  have been paid. If Professional Business Manager assigns this Agreement
in  accordance with its terms, the Practice shall execute a power of attorney in
favor  of  the  assignee  in a form acceptable to Professional Business Manager.
Professional  Business  Manager  shall  not  make  any  withdrawal  from  the
Professional  Practice  Account  unless  expressly authorized in this Agreement.

          (d)     Payroll  Account.  A  Practice  payroll account in the name of
                  ----------------
the  Practice  shall  be  established  on  behalf of the Practice for payroll to
non-shareholder  Professionals of the Practice.  Funds for this account shall be
received  as  Practice  Expenses.  The  Practice,  as  employer  of  said
non-shareholder  Professionals,  and Professional Business Manager, as agent and
attorney  of the Practice shall each have signing capacity to access the account
for  payroll.

                                       17
<PAGE>

     3.11     Fiscal  Matters.
              ---------------

          (a)     Annual Budget.  The initial annual Budget shall be agreed upon
                  -------------
by the parties before the execution of this Agreement.  Thereafter, annually and
at  least  thirty (30) days prior to the commencement of each fiscal year of the
Practice,  the Professional Business Manager, in consultation with the Practice,
shall  prepare  and  deliver to the Practice a proposed Budget, setting forth an
estimate  of  the  Practice's revenues and expenses for the upcoming fiscal year
with  respect to the Practice Locations.  The Practice shall review the proposed
Budget  and  either  approve  the  proposed Budget or request any changes within
twenty-one  (21)  days after receiving the proposed Budget.  Disputes concerning
the  Budget  shall,  at  the request of either party hereto, be submitted to the
Practice  Advisory  Council.  In  the event the Parties are unable to agree on a
Budget  by  the beginning of the fiscal year, until an agreement is reached, the
Budget  for  the  prior year shall be deemed to be adopted as the Budget for the
current  year,  with  each  line  item  in the Budget (with the exception of the
Management  Fee  which  shall  be  established  pursuant  to  the  terms of this
Agreement)  increased  or  decreased  by one of the following, whichever is most
appropriate  relative  to  the  particular  item  of income or expense: (i)  the
increase  or  decrease  from  the  prior  year  in  the  Consumer  Price Index -
Health/Medical  Services  for  the  relevant  region;  or (ii) the proportionate
increase  or decrease in mutually agreed upon personnel costs as measured by the
increase  or  decrease in full-time-equivalent personnel.  The Practice Advisory
Council  may revise or modify the Budget from time to time during the applicable
fiscal  year  to  reflect  changing  circumstances  affecting  the  Practice.
Additionally, notwithstanding the above, no change in an adopted Budget shall be
contrary  to the terms and spirit of this Agreement nor shall it have any effect
on  the Management Fee expressly agreed to herein, unless approved in advance in
writing  by  the  Parties  hereto.

          (b)     Obligations  of  Professional  Business Manager.  Professional
                  -----------------------------------------------
Business  Manager  shall  use  commercially  reasonable  efforts  to  manage and
administer  the  operations  of the Office as herein provided so that the actual
revenues,  costs  and  expenses  of  the operation and maintenance of the Office
during  any  applicable period of the Practice's fiscal year shall be consistent
with  the  Budget.

          (c)     Accounting  and  Financial  Records.  Professional  Business
                  -----------------------------------
Manager  shall  establish  and  administer  accounting  procedures, controls and
systems  for  the development, preparation, and safekeeping of administrative or
financial  records  and  books of account relating to the business and financial
affairs of the Office and the provision of Professional Eye Care Services at the
Practice  Locations, all of which shall be prepared and maintained in accordance
with  GAAP.  The Practice shall have the right to inspect such records and books
of  account  at  its expense at any time, upon reasonable notice to Professional
Business  Manager.  Professional  Business  Manager shall prepare and deliver to
the  Practice  (i)  within sixty (60) days of the end of each of the first three
(3) fiscal quarters in each fiscal year, and (ii) within ninety (90) days of the
end  of  each  fiscal  year,  a  balance  sheet  and a profit and loss statement
reflecting  the  financial  status of the Practice in regard to the provision of
Professional  Eye  Care Services at the Practice Locations as of the end of such
period,  all  of  which  shall  be prepared in accordance with GAAP consistently
applied.  In  addition, Professional Business Manager shall prepare or assist in
the preparation of any other financial statements or records as the Practice may
reasonably  request.

          (d)     Sales  and  Use  Taxes.  Professional Business Manager and the
                  ----------------------
Practice acknowledge and agree that to the extent that any of the services to be
provided  by Professional Business Manager hereunder may be subject to any state
sales  and  use taxes, Professional Business Manager may have a legal obligation
to collect such taxes from the Practice and to remit the same to the appropriate
tax  collection authorities.  The Practice agrees to have applicable state sales
and  use  taxes  attributable  to  the

                                       18
<PAGE>

services to be provided by Professional Business Manager hereunder treated as an
Office  Expense.

     3.12     Reports  and  Records.
              ---------------------

          (a)     Health  Care  Records.  All  files and records relating to the
                  ---------------------
operation  of  the Office including, without limitation, accounting, billing and
collection, and patient records shall at all times be and remain the property of
the  Practice  and  shall  remain  under  its  possession, custody, and control.
Subject  to  the  foregoing  and  to  the  extent  permitted  by applicable law,
Professional  Business  Manager  shall,  in  consultation  with  the  Practice,
establish,  monitor,  and  maintain  procedures  and  policies  for  the timely,
appropriate,  and efficient preparation, filing, retrieval and secure storage of
such  records.  Patient  records  shall  be located at Office facilities so that
they  are  readily  accessible  for  patient care.  Patient records shall not be
removed  from  Office  premises  without  the  express  written  consent  of the
Practice,  except  as  specified  herein.  Patient records for patients not seen
within  the  last three (3) years may be stored in a commercial storage facility
or  other  location Professional Business Manager shall designate, provided that
Professional  Business Manager shall notify the Practice of the location of said
records.  All  such  health care records shall be retained and maintained by the
Practice  and  the  Professional  Business  Manager as agent for the Practice in
accordance  with  all  applicable  state  and  federal  laws  relating  to  the
confidentiality  and  retention  thereof.  In this regard, Professional Business
Manager  shall  use  its best efforts to preserve the confidentiality of patient
records  and  shall  use information contained in such records only as the agent
for  the Practice and for the limited purposes necessary to perform the services
set  forth  herein.

          (b)     Other  Reports  and  Records.  Professional  Business  Manager
                  ----------------------------
shall timely create, prepare and file such additional reports and records as are
reasonably  necessary  and  appropriate  for  the  Practice's  provision  of
Professional  Eye Care Services at the Practice Locations, and shall be prepared
to  analyze  and  interpret  such  reports  and  records upon the request of the
Practice.

     3.13     Recruitment  of the Practice's Professionals.  Upon the Practice's
              --------------------------------------------
request,  Professional  Business  Manager shall coordinate, supervise or perform
all  administrative  services  reasonably  necessary  and appropriate to recruit
potential  Professionals  to  become  employees  of the Practice at the Practice
Locations.  It  will  be  and remain the sole and complete responsibility of the
Practice  to  interview, select, contract with, supervise, control and terminate
all  Professionals  performing  Professional  Eye  Care  Services  or  other
professional  services  at  the  Practice  Locations.

     3.14     Confidential  and  Proprietary  Information.
              -------------------------------------------

          (a)     Professional  Business  Manager  agrees  that  it  shall  not
disclose  any  Confidential Information of the Practice to other persons without
the Practice's express written authorization, that such Confidential Information
shall  not be used in any way detrimental to the Practice, and that Professional
Business  Manager  will keep such Confidential Information confidential and will
ensure  that  its  affiliates  and advisors who have access to such Confidential
Information comply with these nondisclosure obligations; provided, however, that
Professional  Business Manager may disclose Confidential Information to those of
its  Representatives  who need to know Confidential Information for the purposes
of  this  Agreement,  it  being  understood  and agreed by Professional Business
Manager that such Representatives will be informed of the confidential nature of
the  Confidential  Information, will agree to be bound by this SECTION 3.14, and
will  be  directed by Professional Business Manager not to disclose to any other
person  any  Confidential  Information.

                                       19
<PAGE>

          (b)     Notwithstanding  clause  (a)  above,  Professional  Business
Manager  may  share,  subject  to  the  restrictions of this section, with other
professional  corporations,  limited  liability  companies,  associations,
ophthalmology  and  optometry  practices,  or  health care delivery entities the
practice  statistics of the Practice, including utilization review data, quality
assurance  data, cost data, outcomes data, or other practice data.  The Practice
statistics and confidential information may be disclosed within the Practice, to
managed  care providers or other third party payors for the purpose of obtaining
or  maintaining  third  party payor contracts or reimbursements, or to financial
analysts and underwriters; provided that any disclosure outside the Practice for
any  purpose  not  related  to  managed  care contracting shall not identify any
Professional  by  name  without  the Practice's consent and will not disclose or
divulge  patient  identifying  information.

          (c)     Notwithstanding  anything  contained  herein  to the contrary,
Professional  Business  Manager  shall comply with the requirements set forth in
the  HIPAA  Addendum  attached  hereto  as  EXHIBIT  3.14.

     3.15     Professional  Business  Manager's Insurance.  Throughout the Term,
              -------------------------------------------
Professional  Business  Manager shall, as an Office Expense, obtain and maintain
with  commercial  carriers,  through  self-insurance  or  a combination thereof,
appropriate  workers'  compensation coverage for Professional Business Manager's
employed  personnel  provided  pursuant  to  this  Agreement,  and professional,
casualty  and  comprehensive  general  liability insurance covering Professional
Business  Manager,  Professional  Business  Manager's  personnel,  and  all  of
Professional  Business  Manager's  equipment  in such amounts, on such basis and
upon  such  terms  and  conditions  as  Professional  Business  Manager  deems
appropriate  but  which  insurance  is  consistent  with  the insurance which is
maintained  by  the  Practice  pursuant  to  SECTION  4.5  of  this  Agreement.
Professional  Business  Manager  shall  cause  the  Practice  to  be named as an
additional insured on Professional Business Manager's professional, casualty and
comprehensive  general  liability  policy.  Upon  the  request  of the Practice,
Professional  Business  Manager  shall  provide  the Practice with a certificate
evidencing such insurance coverage.  Professional Business Manager, in agreement
with  the  Practice,  may  also carry, as an Office expense, key person life and
disability insurance on any Shareholder or Professional employee of the Practice
in  amounts  determined  reasonable  and sufficient by the Professional Business
Manager.  Professional  Business  Manager  shall be the owner and beneficiary of
any  such  insurance.  Should only the Practice choose to obtain key person life
and  disability  insurance,  the  Practice  shall pay all premiums as a Practice
Expense  and  shall  receive  all  proceeds.  Further,  if only the Professional
Business Manager chooses to obtain such insurance, Professional Business Manager
shall  pay  all  premiums  as  a Professional Business Manager Expense and shall
receive the proceeds.  The Practice shall cause its Professionals to submit to a
medical  examination  necessary  to  obtain  such  insurance.

     3.16     No  Warranty  or  Representations.  The Practice acknowledges that
              ---------------------------------
Professional  Business  Manager  has  not  made and will not make any express or
implied  warranties  or representations that the Management Services provided by
Professional  Business  Manager will result in any particular amount or level of
income  to  the  Practice.  Specifically,  Professional Business Manager has not
represented  that  its Management Services will result in higher revenues, lower
expenses,  greater  profits,  or growth in the number of patients treated by the
Practice's  Professionals.

     3.17     Marketing  and  Public  Relations.  Professional  Business Manager
              ---------------------------------
acknowledges that the Practice desires a public relations program to enhance its
optometric  and/or  therapeutic  optometric  practice and to extend the Office's
ability  to  provide  Professional Eye Care Services to patients at the Practice
Locations.  Subject  to  the  Practice's approval, Professional Business Manager
shall  design and implement

                                       20
<PAGE>

an  appropriate  public  relations  program  on  behalf  of  the  Practice, with
appropriate emphasis on public awareness of the availability of Professional Eye
Care  Services  at the Practice Locations. The public relations program shall be
conducted  in  compliance  with  applicable  laws  and  regulations  governing
advertising  by  the  ophthalmological  and  optometric  professions.

     3.18     Acquisition  of  Services  and  Supplies.  In  obtaining services,
              ----------------------------------------
supplies  and  personnel  for  or  on  behalf  of  the Practice pursuant to this
Agreement,  Professional  Business  Manager  shall  be authorized to obtain such
services,  supplies  and  personnel  from  an affiliate of Professional Business
Manager  provided that the Office Expenses which are incurred by or on behalf of
the  Professional  Business  Manager  shall  be  consistent with the expenses of
optical  dispensaries  similar in size, type and operations in the area in which
the  Practice  operates.

                                   ARTICLE IV

                OBLIGATIONS AND RESPONSIBILITIES OF THE PRACTICE.
                ------------------------------------------------

     4.1     Professional  Services.  The  Practice shall diligently conduct the
             ----------------------
business  of  an  optometric  and/or  therapeutic optometric practice, including
utilizing  its  capacities  to  the  greatest  extent  practicable  to  provide
Professional  Eye  Care  Services  to  patients  of  the  Office at the Practice
Locations.  The  Practice  shall  retain  that  number  of  Professionals at the
Practice  Locations  as  are  reasonably  necessary  and appropriate in the sole
discretion  of  the Practice for the provision of Professional Eye Care Services
at  the  Practice  Locations  and shall determine their assignment and scheduled
hours  of  practice  at  the  Practice  Locations.  The  Practice  shall provide
Professional  Eye  Care  Services  to the Office's patients in compliance at all
times  with  ethical  standards, laws and regulations applying to the optometric
and/or  therapeutic optometric professions.  The Practice shall ensure that each
Professional  associated  with or employed by the Practice to provide optometric
and/or  therapeutic  optometric  care  to  the Office's patients at the Practice
Locations  is  licensed  in  each  jurisdiction in which he or she provides such
services.  The  Practice  shall establish and implement a program to monitor the
quality  of  Professional  Eye  Care Services provided at the Practice Locations
(the  "Continuous  Quality  Improvement  Program").  The  Continuous  Quality
Improvement  Program  shall  be  designed  to  promote and maintain quality care
consistent  with  accepted  practices  prevailing  from time to time in the area
where  each  Practice  Location  is  situated
     4.2     Optometric and Therapeutic Optometric Practice.  The Practice shall
             ----------------------------------------------
use  and  occupy  the Office for the provision of Professional Eye Care Services
and  shall  comply  with  all  applicable  local  rules  and  ordinances and all
standards  of  optometric  and/or  therapeutic optometric care.  It is expressly
acknowledged  by  the  parties that the optometric and/or therapeutic optometric
practice  or  practices  conducted  at  the  Office shall be conducted solely by
Professionals  employed  by  or  under  contract with the Practice, and no other
Professional  shall  be  permitted to use or occupy the Office without the prior
written  consent  of  Professional  Business  Manager.
     4.3     Employment  of  Professionals;  Optical  Technicians.  Subject  to
             ----------------------------------------------------
SECTION  3.13  hereof,  the  Practice  shall  be  responsible  for  the  hiring,
compensation,  supervision,  evaluation, and termination of all Professionals at
the  Practice  Locations.  At the request of the Practice, Professional Business
Manager shall be available to consult with the Practice respecting such matters.
The  Practice  shall  be  responsible  for  the  payment  of such Professionals'
salaries and wages, payroll taxes, benefits, and all other taxes and

                                       21
<PAGE>

charges  now  or  hereafter  applicable  to  them. The Practice shall employ and
contract  only  with  licensed  Professionals  who meet applicable credentialing
guidelines  established  by  the  Practice. The Practice shall not in any fiscal
year  contract  in the aggregate with Professionals for an amount (including the
cost  of  associated  benefits,  payroll  expense,  and  professional  liability
coverage)  which  is  greater  than  the amount provided for such purpose in the
Budget  for  such  fiscal  year. The Practice represents, warrants and covenants
that,  if  requested  by  the Professional Business Manager, on or before ninety
(90) days from the date of such request, it will use its best efforts to obtain,
shall  in  the  future  obtain,  and  shall  enforce  formal  written employment
agreements from each of its present full-time (an average of thirty (30) or more
hours  per  week)  Professionals,  except for the President of the Practice, and
those employed in the future in the form mutually acceptable to the Practice and
the  Professional  Business  Manager  ("Employment  Agreement")  containing  a
restrictive  covenant  (the  "Restrictive  Covenant").  The  Practice  further
represents,  warrants  and covenants that, concurrent with the execution hereof,
the  President  of  the  Practice will enter into an Employment Agreement in the
form  attached  as EXHIBIT 4.3, which agreement shall remain in force and effect
during  the  term  of  this  Agreement  without  amendment  unless terminated in
accordance  therewith. The President shall devote his full time and attention to
the  operation  of  the Practice and shall not provide optometric services other
than  at  the  Practice  Locations.  The  Parties  acknowledge that although the
Optical  Technicians  will be employed by the Professional Business Manager, the
primary  duties  of  the Optical Technicians will be to assist the Professionals
with  Professional  Eye Care Services. If requested by the Professional Business
Manager,  and  the  Practice  in  its reasonable discretion determines that time
permits,  such  Optical Technicians may from time to time perform services which
benefit  the optical retail location adjacent to the Practice Location, provided
that during the time the Optical Technicians are assisting with Professional Eye
Care  Services,  the  Optical  Technicians  shall  remain  under the control and
supervision  of  the  Practice.  Notwithstanding  the  services that the Optical
Technicians  may  provide  to  the  Professional  Business Manager, the expenses
incurred  by  the  Professional  Business  Manager  in  providing  the  Optical
Technicians  shall  be  Practice  Expenses  for  which the Professional Business
Manager  shall  be  entitled  to  reimbursement.

     4.4     Professional  Standards.  As a continuing condition of Professional
             -----------------------
Business  Manager's  obligations  hereunder,  each  Professional  and  any other
Professional personnel retained by the Practice to provide Professional Eye Care
Services  at  the  Practice  Locations  must  (i)  have and maintain a valid and
unrestricted  license to practice optometry or ophthalmology in the jurisdiction
in  which  such  Professional provides services, (ii) comply with, be controlled
and  governed by, and provide Professional Eye Care Services in accordance with,
applicable federal, state and municipal laws, rules, regulations, ordinances and
orders,  and the ethics and standard of care of the optometric community wherein
the  Office  is located, and (iii) provide on a continual basis, quality care to
its  patients.  Without  limiting  the generality of the foregoing, the Practice
shall  not,  and  the  Practice shall not permit any Professional engaged by the
Practice  to, engage in activities which shall be deemed causes for the refusal,
suspension,  or  revocation  to  practice optometry under Section 37.1061 of the
Louisiana  Revised  Statutes  (herein  referred to as "Unprofessional Conduct"),
including  without  limitation,  the  following  activities:

     (a)     Conviction  of  a  crime  involving  moral  turpitude;

     (b)     Securing  a certificate by fraud or deceit practiced upon the Board
of  Optometric  Examiners;

     (c)     Soliciting  business  from  house-to-house  or  door-to-door either
directly  or  indirectly;

                                       22
<PAGE>

     (d)     Continued  practice  by  a  person knowingly having a contagious or
infectious  disease;

     (e)     Using the title of "Doctor" or "Dr." as a prefix to his name
without using  the  term "Optometrist" as a suffix to his name or in connection
with it; or using the title "Doctor of Optometry", "O.D.", "Opt. D.", or
"D.O.S." without holding a diploma from  an  accredited  school  of  optometry;

     (f)     Having  professional  connection  with or lending his name to an
illegal practitioner;

     (g)     Failing  to record his certificate as provided in Section 37:1055
of the Louisiana  Revised  Statutes;

     (h)     Employing or  using  "cappers"  or  "steerers" to obtain business;

     (i)     Deceiving  or  defrauding  the  public;

     (j)     Employing  directly  or  indirectly  any  unlicensed  persons  or
suspended  optometrists  to  practice  optometry;

     (k)     Advertising,  in  untruthful, improbable, impossible, or misleading
statements  with  reference  to  the  practice  of  optometry;

     (l)     Habitual  intemperance  or  gross  immorality;

     (m)     Permitting  another  to  use  his  certificate  of  registration;

     (n)     Advertising  any  price, credit, terms, or agreement with reference
to  the  practice  of  optometry;

     (o)     Practicing  medicine  or  surgery  for  the  use of carrying on the
practice  of optometry; however, this Paragraph shall not prevent the possession
or  use of ocular diagnostic and therapeutic pharmaceutical agents by a licensed
optometrist in accordance with the provisions of the Louisiana Revised Statutes;

     (p)     Conviction  of any of the provisions of Section 37:1063 of the
Louisiana Revised  Statutes;

     (q)     Violation  of  any  provision  of  Section  37:1051(C)  of the
Louisiana Revised  Statutes;  and/or

     (r)     For  those  who  are  certified  by  the  board  to  treat abnormal
conditions  and  pathology  of  the human eye, failure to complete not less than
sixteen  clock hours annually of continuing education, at least fifty percent of
the  content  of which shall be comprised of subjects relative to ocular therapy
and  pharmacology.

     4.5     Practice's  Insurance.  The  Practice shall, as a Practice Expense,
             ---------------------
obtain  and maintain with commercial carriers chosen by the Practice appropriate
workers'  compensation  coverage  for the Practice's employed personnel, if any,
and  professional  and  comprehensive  general  liability insurance covering the

                                       23
<PAGE>

Practice and each of the Professionals involved in the provision of Professional
Eye Care Services.  The comprehensive general liability coverage with respect to
each  of the Professionals shall be in the minimum amount of One Million Dollars
($1,000,000)  and professional liability coverage shall be in the minimum amount
of  One Million Dollars ($1,000,000) for each occurrence and One Million Dollars
($1,000,000)  annual  aggregate.  The insurance policy or policies shall provide
for  at  least thirty (30) days' advance written notice to the Practice from the
insurer as to any alteration of coverage, cancellation, or proposed cancellation
for  any  cause.  Upon  the  termination  of  this Agreement for any reason, the
Practice shall continue to carry professional liability insurance in the amounts
specified  herein  for  the  shorter  period  of  (i)  the  period  set forth in
Louisiana's  statute  of  repose (or if no statute of repose exists, Louisiana's
statute  of limitations) for bringing professional malpractice claims based upon
injuries  which  are  not  immediately  discoverable plus any applicable tolling
periods,  or (ii) ten (10) years after termination; or if the Practice dissolves
or  ceases  to  practice  optometry, the Practice shall obtain and maintain as a
Practice  Expense  "tail"  professional  liability  coverage,  in  the  amounts
specified  in this Section for the shorter period of (i) the period set forth in
Louisiana's  statute  of  repose (or if no statute of repose exists, Louisiana's
statute  of limitations) for bringing professional malpractice claims based upon
injuries  which  are  not  immediately  discoverable plus any applicable tolling
periods,  or  (ii) ten (10) years.  The Practice shall be responsible for paying
all  premiums  for Shareholder "tail" insurance coverage and such coverage shall
be  a  Shareholder  Expense;  provided, however, that the Practice may cause its
Professionals  to  be  responsible  for  paying  the  premiums  for  such "tail"
insurance  coverage.

     4.6     Confidential  and Proprietary Information. The Practice agrees that
             -----------------------------------------
it  shall not disclose any Confidential Information of the Professional Business
Manager to other persons without Professional Business Manager's express written
authorization,  such  Confidential  Information  shall  not  be  used in any way
detrimental  to  Professional  Business Manager, and the Practice will keep such
Confidential  Information  confidential  and will ensure that its affiliates and
advisors  who  have  access  to  such Confidential Information comply with these
nondisclosure  obligations;  provided,  however,  that the Practice may disclose
Confidential  Information  to  those  of  its  Representatives  who need to know
Confidential Information for the purposes of this Agreement, it being understood
and  agreed  by  the  Practice that such Representatives will be informed of the
confidential  nature  of the Confidential Information, will agree to be bound by
this  Section, and will be directed by the Practice not to disclose to any other
person  any  Confidential  Information.

     4.7     Non-Competition.  The Practice hereby recognizes, acknowledges, and
             ---------------
avers  that  Professional  Business  Manager  will  incur  substantial  costs in
providing  the  equipment,  support  services,  personnel,  management,
administration, and other items and services that are the subject matter of this
Agreement  and  that  in the process of providing services under this Agreement,
the  Practice  will be privy to financial and Confidential Information, to which
the  Practice  would  not otherwise be exposed.  The Parties also recognize that
the  services  to  be provided by Professional Business Manager will be feasible
only  if  the  Practice  operates  an active practice to which the Professionals
associated with the Practice devote their full time and attention.  The Practice
agrees,  acknowledges,  and  avers  that the non-competition covenants described
hereunder are necessary for the protection of Professional Business Manager, and
that  Professional  Business  Manager would not have entered into this Agreement
without  the  following  covenants:

          (a)     Except  as  specifically  agreed  to  by Professional Business
Manager  in  writing,  the Practice covenants and agrees that during the Term of
this Agreement and for a period of two (2) years from the date this Agreement is
terminated  other  than  if  terminated  by the Practice for cause, the Practice
shall  not  directly  or  indirectly,  engage  in any activity or own (excluding
ownership  of  less  than  one percent

                                       24
<PAGE>

(1%)  of the equity of any publicly traded entity and excluding ownership of the
common  stock  of  Professional  Business  Manager),  manage,  operate, control,
contract with, lend funds to, lend its name to, maintain any interest whatsoever
in,  or  be  employed  by,  any enterprise: (i) having to do with the provision,
distribution,  promotion,  or  advertising  of  any  type  of  management  or
administrative  services  or  products  to  third  parties  in  competition with
Professional  Business  Manager,  within a three (3) mile radius of any Practice
Location;  and/or  (ii)  offering  any type of service(s) or product(s) to third
parties  substantially similar to those offered by Professional Business Manager
to  the  Practice  hereunder  in  competition with Professional Business Manager
within  a three (3) mile radius of any Practice Location; or (iii) participation
in  the  sale  of optical retail goods (e.g., frames, lenses and contact lenses)
within  a  three  (3)  mile radius of any Practice Location. Notwithstanding the
above restriction, nothing herein shall prohibit: (i) the Practice or any of its
Shareholders  from  providing  management and administrative services to this or
their  own  optometry practice after the termination of this Agreement; (ii) the
Practice  or  its  Shareholders  from  contracting with a third-party manager to
provide  administrative or management services for its or their professional eye
care  practices after termination of this Agreement; (iii) any of the Practice's
Shareholders  from providing management and administrative services to their own
optometry  practices after the termination of their employment relationship with
the  Practice;  and  (iv)  such Shareholders from contracting with a third-party
manager  to provide administrative or management services for their professional
eye  care  practices after the termination of their employment relationship with
the  Practice.

          (b)     The  Practice  understands  and acknowledges that Professional
Business  Manager  shall  suffer  severe  harm  in  the  event that the Practice
breaches  any  obligation  of  SECTION  4.7,  in  addition to any other remedies
available  under  this  Agreement,  at  law  or in equity, Professional Business
Manager  shall be entitled to enforce this Agreement by injunctive relief and by
specific  performance  of the Agreement, such relief to be without the necessity
of  posting  a  bond,  cash or otherwise.  Additionally, nothing in this SECTION
4.7(B)  shall  limit  Professional Business Manager's right to recover any other
damages  to which it is entitled as a result of the Practice's breach.  The time
period for which the non-competition covenant is effective shall be extended day
for  day for the time period the Practice is in violation of the non-competition
covenant.  If  any  provision  of  the covenants is held by a court of competent
jurisdiction  to  be  unenforceable  due to an excessive time period, geographic
area, or restricted activity, the covenant shall be reformed to comply with such
time  period,  geographic  area,  or  restricted  activity  that  would  be held
enforceable.

     4.8     Name, Trademark.  The Practice covenants and agrees that during the
             ---------------
term  of this Agreement, the Practice shall conduct its professional practice at
the  Practice  Locations  under the name of, and only under the name of  "Master
Eye Associates" (unless otherwise consented to by Professional Business Manager)
and  that  such  name  is, or will be, duly and timely registered, qualified, or
licensed  under  the laws of the jurisdiction in which they are being used.  The
Practice  covenants  and promises that, without the prior written consent of the
Professional  Business  Manager,  the  Practice  will  not:

          (a)     take  any  action  that  is reasonably likely to result in the
loss  of  registration,  qualification  or  licensure  of  the  name;

          (b)     fail  to  take  any  reasonably  necessary  action  that  will
maintain  the  registration,  qualification,  or  licensure  current;

          (c)     license,  sell,  give,  or  otherwise transfer the name or the
right  to  use  the  name  to  any optometry practice, Optometrist, professional
corporation, professional limited liability company, office or any other entity;
or

                                       25
<PAGE>

          (d)     cease  conducting  the  professional  practice of the Practice
under  the  name.

     4.9     Billing  Information  and  Assignments; Establishment of Fees.  The
             -------------------------------------------------------------
Practice  shall  promptly  provide  the  Professional  Business Manager with all
billing  and other information reasonably requested by the Professional Business
Manager to enable it to bill and collect the Office's fees and other charges and
reimbursement  claims  pursuant  to  SECTION 3.9, and the Practice shall use its
best  efforts  to  procure  consents  to  assignments  and  other  approvals and
documents  necessary  to  enable  the  Professional  Business  Manager to obtain
payment  or  reimbursement  from  third parties for such fees, other charges and
claims.

     4.10     Provider  Agreements.  The  Practice shall have ultimate authority
              --------------------
with  regard  to  all  contractual  arrangements  with  third  parties  for  the
Practice's  provision  of  Professional  Eye  Care  Services  at  the  Practice
Locations,  and  the  Practice  may  at  its sole discretion reject or otherwise
refuse  to  enter  into  any  such  contractual  arrangement.

     4.11     Tax  Matters.  The  Practice  shall  prepare  or  arrange  for the
              ------------
preparation  by  an  accountant  selected  by  the  Practice  of all appropriate
corporate  tax  returns  and  reports  required  of  the Practice including such
returns  and reports required with respect to the Professional Practice Account.
A pro rata portion of the costs and expenses relating to the preparation of such
returns  and  reports  shall  be  deemed  a  Practice  Expense.

      4.12     Shareholders'  Undertaking.  The  Practice  shall  cause  to  be
               --------------------------
executed  by  all  Shareholders  of  the  Practice an undertaking in the form of
EXHIBIT  4.12  by  such  Shareholders to, among other things, agree to cause the
Practice  to  abide  by the covenants not to compete described in SECTION 4.7 of
this  Agreement.

     4.13     Limitations  on  Actions  of the Practice.  The Practice shall not
              -----------------------------------------
take  any  of the following actions without the express prior written consent of
Professional  Business  Manager:

     (a)          Any  action  leading  to  or intended to result in the merger,
combination  or  consolidation of the Practice or Office with, or acquisition of
the  Practice,  the  Office,  or  their  businesses  by,  any  other  entity;

     (b)     Mortgage  or encumber any of the Practice's real, personal or mixed
property  as  security  for  any  indebtedness  which is not contemplated by the
Budget;

     (c)     Pay any dividend or make any other distribution, whether in cash or
in  kind,  to  Shareholders  of  the  Practice,  if any compensation owed by the
Practice  to  Professional Business Manager hereunder has not been paid in full,
and if any and all monetary obligations of the Practice to Professional Business
Manager  have  not  been  fully paid in accordance with the terms of any and all
documents  governing  such  obligations;  provided,  however, that the foregoing
shall not prevent payment of Shareholder's salary, Bonus, payroll taxes thereon,
and  certain  Shareholder  Expenses  as  set  forth  in  SECTION  3.10(B);

     (d)     Dissolve  or liquidate the Practice, or take any action with a view
to  or  likely  to  have  the  result  of  the dissolution or liquidation of the
Practice;  or

                                       26
<PAGE>

     (e)     Authorize  the  provision  of  professional  services such that the
income  derived  therefrom  is  not owned by the Practice; provided that no such
consent  is  necessary  for (i) professional services performed by Professionals
during  said  Professionals'  vacation  time,  or  (ii)  professional  services
performed  in  connection  with  duties  and responsibilities as a member of the
Reserves  or  National  Guard.
     4.14     Leases  of Office.  The Practice shall maintain and fulfill all of
              -----------------
its  obligations  under  leases  or subleases of Office facilities or locations.

                                    ARTICLE V

                        BUSINESS MANAGER'S COMPENSATION.
                        -------------------------------

     5.1     Base  Management  Fee.  The  Practice  and  Professional  Business
             ---------------------
Manager agree to the compensation set forth herein as being paid to Professional
Business  Manager  in  consideration  of  a  substantial  commitment  made  by
Professional  Business  Manager  hereunder  and  that  such  fees  are  fair and
reasonable.  Each  month  Professional  Business  Manager  shall  be  paid  that
management  fee  as  set  forth  in  EXHIBIT 5.1 (as may be amended from time to
time).   The  Parties  agree that in the event additional Practice locations are
opened,  or some of the Practice locations are abandoned, the management fee set
forth  on  EXHIBIT 5.1 shall be adjusted as mutually agreed upon by the Parties.

     5.2     Reasonable Value.  Payment of the Management Fee is not intended to
             ----------------
be  and  shall not be interpreted or applied as permitting Professional Business
Manager  to  share  in the Practice's fees for Professional Eye Care Services or
any  other services, but is acknowledged as the Parties' negotiated agreement as
to  the  reasonable  fair  market  value  of  Professional  Business  Manager's
commitment  to  pay  all  Office  Expenses  and  the  fair  market  value of the
equipment,  contract  analysis  and support, other support services, purchasing,
personnel,  management, administration, strategic management and other items and
services  furnished  by Professional Business Manager pursuant to the Agreement,
considering the nature and volume of the services required and the risks assumed
by  Professional  Business  Manager.  The  Practice  and  Professional  Business
Manager  recognize and acknowledge that Professional Business Manager will incur
substantial  costs  and  business  risks  in  undertaking  to pay advance Office
Expenses  and  in  providing  the  support  services,  personnel,  marketing,
management,  administration,  and  other items and services that are the subject
matter  of  this Agreement.  It is the intent of the Parties that the Management
Fee  reasonably  compensate  Professional  Business Manager for the value to the
Practice  of Professional Business Manager's administrative expertise, given the
considerable  business  risk  to Professional Business Manager, in providing the
Management  Services  that  are  the  subject  of  this  Agreement.

     5.3     Payment  of  Management  Fee.  To  facilitate  the  payment  of the
             ----------------------------
Management  Fee as provided in SECTION 5.1 hereof, the Practice hereby expressly
authorizes  Professional  Business Manager to make withdrawals of the Management
Fee  from  the Professional Practice Account as such fee becomes due and payable
during  the  Term  in  accordance  with SECTION 3.10(A) and after termination as
provided  in  SECTION  6.3.  Professional  Business Manager shall deliver to the
Practice  an invoice for the Management Fee accompanied by a reasonably detailed
statement of the information upon which the Management Fee calculation is based.

                                       27
<PAGE>

     5.4     Disputes  Regarding  Fees.
             -------------------------

          (a)     It  is  the  Parties'  intent  that  any  disputes  regarding
performance  standards  of  the Professional Business Manager be resolved to the
extent  possible by good faith negotiation.  To that end, the Parties agree that
if  the  Practice  in good faith believes that Professional Business Manager has
failed  to  perform  its  obligations, and that as a result of such failure, the
Practice  is  entitled  to  a  set-off  or reduction in its Management Fees, the
Practice  shall  give  Professional  Business  Manager  notice  of the perceived
failure  and  request  in  the notice a set-off or reduction in Management Fees.
Professional  Business Manager and the Practice shall then negotiate the dispute
in  good  faith, and if an agreement is reached, the Parties shall implement the
resolution  without  further  action.  At  the  request of Professional Business
Manager  or  the  Practice,  the  Practice  Advisory  Council  shall  make
recommendations  to  Professional  Business  Manager with respect to any dispute
concerning  a  set  off  or  reduction  in  Management  Fees.

          (b)     If  the  Parties cannot reach a resolution within a reasonable
time,  the  Parties  shall  submit  the  dispute to mediation to be conducted in
accordance  with  the  American  Arbitration  Association's Commercial Mediation
Rules.

          (c)     If  the  mediation  process  fails to resolve the dispute, the
dispute  shall be submitted by either Party to binding arbitration under SECTION
8.7.

                                   ARTICLE VI

                              TERM AND TERMINATION
                              --------------------

     6.1     Initial  and  Renewal Term.  The Term of this Agreement will be for
             --------------------------
an  initial  period  of  ten  (10)  years after the effective date, and shall be
automatically  renewed  for six (6) successive five (5) year periods thereafter,
provided  that neither Professional Business Manager nor the Practice shall have
given  notice of its desire not to renew this Agreement at least sixty (60) days
before  the  end  of  the  initial term or any renewal term, or unless otherwise
terminated  as  provided  in SECTION 6.2 of this Agreement.  Notwithstanding any
provision  to  the  contrary,  the  rights  and  obligations of the Parties with
respect  to  any  Practice  Location shall terminate upon the termination of the
underlying  lease  or  sublease  pursuant  to  which  the Practice operates such
Office.

     6.2     Termination.
             -----------

          (a)     Termination  by  the  Practice.  The  Practice may immediately
                  ------------------------------
terminate  this  Agreement  at  its  discretion, upon written notice pursuant to
SECTION  8.3,  as  follows:

               (i)     If  Professional  Business  Manager  becomes insolvent by
reason of its inability to pay its debts as they mature; is adjudicated bankrupt
or  insolvent;  files  a  petition  in  bankruptcy,  reorganization  or  similar
proceeding  under  the bankruptcy laws of the United States or shall have such a
petition filed against it which is not discharged within thirty (30) days; has a
receiver or other custodian, permanent or temporary, appointed for its business,
assets or property; makes a general assignment for the benefit of creditors; has
its  bank  accounts, property or accounts attached; has execution levied against
its  business  or  property;  or  voluntarily  dissolves  or liquidates or has a
petition  filed  for  corporate  dissolution  and such petition is not dismissed
within  thirty  (30)  days;

                                       28
<PAGE>

               (ii)     If  the  Professional  Business  Manager fails to comply
with  any material provision of this Agreement and does not correct such failure
within  ninety  (90)  days  after  written  notice  of such failure to comply is
delivered  by  the  Practice  specifying  the nature of the breach in reasonable
detail;  or

               (iii)     Professional Business Manager commits any act of fraud,
misappropriation  or  embezzlement,  or  any  other  felony  and as a result the
Professional Business Manager is unable to substantially perform under the terms
of  this  Agreement.

          (b)     Termination  by  Professional  Business Manager.  Upon written
                  ------------------------------------------------
notice  pursuant  to  SECTION 8.3, Professional Business Manager may immediately
terminate  this Agreement at its discretion,  upon thirty (30) days prior notice
for  any  reason,  or  immediately  for  the  following  reasons:

               (i)     The  revocation,  suspension, cancellation or restriction
of  any  Shareholders'  license  to  practice  optometry in Louisiana if, in the
reasonable  discretion  of  the Professional Business Manager, the Practice will
not  be  financially  viable after such revocation, suspension, cancellation, or
restriction;

               (ii)     If  the  Practice  becomes  insolvent  by  reason of its
inability to pay its debts as they mature; is adjudicated bankrupt or insolvent;
files  a  petition in bankruptcy, reorganization or similar proceeding under the
bankruptcy laws of the United States or shall have such a petition filed against
it  which  is  not  discharged  within thirty (30) days; has a receiver or other
custodian,  permanent  or  temporary,  appointed  for  its  business,  assets or
property;  makes a general assignment for the benefit of creditors; has its bank
accounts,  property  or  accounts  attached;  has  execution  levied against its
business  or  property; or voluntarily dissolves or liquidates or has a petition
filed for corporate dissolution and such petition is not dismissed within thirty
(30)  days;

               (iii)     If  the  Practice  fails  to  comply  with any material
provision  of  this Agreement, or any other agreement with Professional Business
Manager, or the President fails to comply with the provisions of the President's
Employment  Agreement, and does not correct such failure within thirty (30) days
after  written  notice  of  such  failure to comply is delivered by Professional
Business  Manager  specifying  the  nature  of  the breach in reasonable detail;

               (iv)     If  the  Practice or any of the Practice's Professionals
commits  any act of fraud, misappropriation or embezzlement, or any other felony
and  as  a  result  the  Practice as an entire entity is unable to substantially
perform  under  the  terms  of  this  Agreement;

               (v)     If  any  of  the material representations of the Practice
are  false  or  incorrect  when  made  or  hereafter  become materially false or
incorrect  or  any  warranty  of  the  Practice  is  materially  breached;  or

               (vi)     The  Practice and the Professional Business Manager fail
to agree upon the Management Fee after the initial eighteen month period  or any
subsequent  one  (1) year period in accordance with EXHIBIT 5.1 attached hereto.

                                       29
<PAGE>

     (c)     Individual  Practice  Location.  Professional  Business Manager may
             ------------------------------
terminate  its  obligation  with regard to any individual Practice Location upon
thirty  days'  prior  written  notice  to  the  Practice.

          (d)     Termination  by  Agreement.  In  the  event  the  Practice and
                  --------------------------
Professional  Business  Manager  shall mutually agree in writing, this Agreement
may  be  terminated  on  the  date  specified  in  such  written  agreement.

          (e)     Legislative,  Regulatory  or  Administrative  Change.  In  the
                  ----------------------------------------------------
event  there  shall  be  a  change in the Medicare or Medicaid statutes, federal
statutes,  state statutes, case law, administrative interpretations, regulations
or  general  instructions,  the  adoption of new federal or state legislation, a
change in any third-party reimbursement system or any finding, ruling, or decree
of  any  regulatory  body concerning this Agreement, any of which are reasonably
likely  to  materially and adversely affect the manner in which either Party may
perform  or  be compensated for its services under this Agreement or which shall
make  this  Agreement  or  any  related agreements unlawful or unenforceable, or
which  would  be reasonably likely to subject either Party to this Agreement, or
any  member,  shareholder,  officer,  director,  employee,  agent  or affiliated
organization to any civil or criminal penalties or administrative sanctions, the
Parties  shall  immediately  use  their best efforts to enter into a new service
arrangement  or  basis  for  compensation for the services furnished pursuant to
this  Agreement that complies with the law, regulation, policy, finding, ruling,
or  decree,  or  which minimizes the possibility of such penalties, sanctions or
unenforceability,  and  that  approximates  as  closely as possible the economic
position of the Parties prior to the change.  If the Parties are unable to reach
a new agreement within thirty (30) days, this Agreement shall be terminated upon
thirty  (30)  days  written  notice  by  either  Party  to  the  other.

     6.3     Effects  of  Termination.
             ------------------------

          (a)     Obligation  After  Termination.     Upon  termination  of this
                  -------------------------------
Agreement,  as  hereinabove  provided,  neither  Party  shall  have  any further
obligations  hereunder  except  for:

               (i)     obligations  accruing  prior  to the date of termination,
including,  without  limitation,  payment  of  the  Management  Fee  relating to
services  provided  prior  to  the  termination  of  this  Agreement;

               (ii)     obligations,  promises,  or  covenants  set forth herein
that  are  expressly  made  to  extend  beyond  the  Term,  including,  without
limitation,  insurance,  indemnities  and  non-competition  provisions,  which
provisions  shall  survive  the  expiration  or  termination  of this Agreement;

               (iii)     the  obligation  of  the  Practice described in SECTION
6.4;  and

               (iv)     the obligation of the Practice to repay amounts advanced
by  Professional  Business  Manager  to  the  Practice.

          (b)     Receipt  of Collections After Termination. In effectuating the
                  ------------------------------------------
provisions  of  this  SECTION  6.3,  the  Practice specifically acknowledges and
agrees  that  if  this  Agreement  terminates pursuant to SECTION 6.1, 6.2(B) or
6.2(D),  Professional Business Manager shall continue for a period not to exceed
ninety  (90)  days  to exclusively collect and receive on behalf of the Practice
all  cash  collections  from

                                       30
<PAGE>

accounts  receivable  in  existence at the time this Agreement is terminated, it
being  understood  that:

               (i)     such  cash  collections  will  represent  compensation to
Professional  Business  Manager  to the extent of all outstanding obligations to
Professional  Business  Manager  by the Practice pursuant to this Agreement; for
Management  Services  already  rendered;

               (ii)     Professional  Business  Manager shall not be entitled to
collect  accounts  receivable  after  the  termination date if this Agreement is
terminated  pursuant  to  SECTION  6.2(A);

               (iii)     the  Professional  Business  Manager  shall deduct from
such  cash  collections  any other amounts owed to Professional Business Manager
under  this  Agreement, including, without limitation, ten percent (10%) of such
cash  collections  as its Management Fee during any period after the termination
of  this  Agreement  while  such collections are taking place and any reasonable
costs  incurred  by  Professional  Business  Manager  in  carrying  out the post
termination  procedures  and  transactions  contemplated  herein;  and

               (iv)     Professional  Business  Manager  shall  remit  remaining
amounts  from  such  collection  activities,  if  any,  to  the  Practice.

          (c)     Surrender  of  Books After Termination. Upon the expiration or
                  ---------------------------------------
termination  of  this Agreement for any reason or cause whatsoever, Professional
Business  Manager  shall  surrender  to  the  Practice  all  books  and  records
pertaining  to  the  Office.

     6.4     Limitation  of  Liability.  IN NO EVENT SHALL PROFESSIONAL BUSINESS
             -------------------------
MANAGER  BE  LIABLE  TO  THE PRACTICE FOR ANY INDIRECT, SPECIAL OR CONSEQUENTIAL
DAMAGES  OR  LOST  PROFITS,  ARISING  OUT OF OR RELATED TO THIS AGREEMENT OR THE
PERFORMANCE  OR  BREACH  THEREOF, EVEN IF PROFESSIONAL BUSINESS MANAGER HAS BEEN
ADVISED  OF THE POSSIBILITY THEREOF; PROVIDED, HOWEVER, THAT THE FOREGOING SHALL
NOT  PREVENT  RECOVERY  OF  ACTUAL  DAMAGES  ARISING  OUT  OF OR RELATED TO THIS
AGREEMENT.

                                   ARTICLE VII

                       INDEMNIFICATION; THIRD PARTY CLAIMS
                       -----------------------------------

     7.1     Indemnification  by the Practice.  The Practice shall indemnify and
             --------------------------------
hold  harmless Professional Business Manager and Professional Business Manager's
shareholders,  directors,  officers,  agents and employees, from and against all
claims,  demands,  liabilities,  losses,  damages, costs and expenses, including
reasonable  attorneys'  fees,  resulting  in any manner, directly or indirectly,
from  the  negligent  acts  or  omissions  or  misconduct of the Practice or its
members,  Shareholders,  directors,  officers,  employees, agents or independent
contractors, including but not limited to any such claims, demands, liabilities,
losses,  damages, costs and expenses which accrued or arose prior to the date of
execution  of  this  Agreement.

                                       31
<PAGE>

     7.2     Indemnification  by  Professional  Business  Manager.  Professional
             ----------------------------------------------------
Business  Manager  shall  indemnify  and  hold  harmless  the  Practice, and the
Practice's  members,  Shareholders,  directors,  officers, agents and employees,
from  and  against  any  and  all claims, demands, liabilities, losses, damages,
costs  and  expenses,  including  reasonable  attorneys'  fees, resulting in any
manner,  directly  or  indirectly,  from  the  negligent  acts  or  omissions or
misconduct  of  Professional  Business  Manager  or its shareholders, directors,
officers,  employees,  agents  or  independent  contractors.

     7.3     Notice of Claim for Indemnification.  No claims for indemnification
             -----------------------------------
under  this  Agreement  relating  to  claims solely between the Parties shall be
valid unless notice of such claim is delivered to the Practice (in the case of a
claim by Professional Business Manager) or Professional Business Manager (in the
case of a claim by the Practice) within one (1) year after the Party making such
claim first obtained knowledge of the facts upon which such claim is based.  Any
such  notice  shall  set  forth in reasonable detail, to the extent known by the
Party  giving  such  notice,  the  facts  on  which  such claim is based and the
resulting  estimated  amount  of  damages.

     7.4     Matters  Involving  Third  Parties.
             ----------------------------------

          (a)     If  the  Practice  or  Professional  Business Manager receives
notice  or  acquires  knowledge  of any matter which may give rise to a claim by
another  person  and  which may then result in a claim for indemnification under
this  Agreement,  then:  (i) if such notice or knowledge is received or acquired
by  the  Practice,  the  Practice  shall  promptly  notify Professional Business
Manager;  and  (ii)  if  such  notice  or  knowledge  is received or acquired by
Professional  Business Manager, the Professional Business Manager shall promptly
notify  the  Practice; except that no delay in giving such notice shall diminish
any  obligation under this Agreement to provide indemnification unless (and then
solely  to  the  extent)  the  Party from whom such indemnification is sought is
prejudiced.

          (b)     Any  Party  from  whom such indemnification (the "Indemnifying
Party")  is  sought  shall  have  the  right  to  defend  the Party seeking such
indemnification  (the  "Indemnified Party") against such claim by another person
(the  "Third  Party  Claim")  with  counsel  of  the Indemnifying Party's choice
reasonably  satisfactory to the Indemnified Party so long as: (i) within fifteen
(15)  days after the Indemnified Party has given notice of the Third Party Claim
to the Indemnifying Party, the Indemnifying Party notifies the Indemnified Party
that  the  Indemnifying  Party  will  indemnify  the  Indemnified Party from and
against  all  adverse  consequences  the Indemnified Party may suffer caused by,
resulting  from,  arising out of or relating to such Third Party Claim; (ii) the
Indemnifying  Party  provides  the  Indemnified  Party  with evidence reasonably
satisfactory  to  the  Indemnified  Party  that  the  Indemnifying Party has the
financial  resources  necessary  to  defend  against  the  Third Party Claim and
fulfill its indemnification obligations; (iii) the Third Party Claim seeks money
damages;  (iv)  settlement of, or an adverse judgment with respect to, the Third
Party  Claim  (other  than  an optometric malpractice claim) is not, in the good
faith  judgment  of  the  Indemnified  Party, likely to establish a precedential
custom  or  practice  adverse  to  the  continuing  business  interests  of  the
Indemnified  Party;  and  (v) the Indemnifying Party conducts the defense of the
Third  Party  Claim  actively  and  diligently.

          (c)     So long as the Indemnifying Party is conducting the defense of
the  Third  Party  Claim  in accordance with SECTION 7.4(B): (i) the Indemnified
Party  may  retain  separate  co-counsel  at  its  sole  cost  and  expense  and
participate  in the defense of the Third Party Claim; (ii) the Indemnified Party
shall not consent to the

                                       32
<PAGE>

entry  of  any  judgment  or enter into any settlement with respect to the Third
Party  Claim  without the prior consent of the Indemnifying Party; and (iii) the
Indemnifying  Party shall not consent to the entry of any judgment or enter into
any  settlement  with respect to the Third Party Claim without the prior consent
of  the  Indemnified  Party.

          (d)     If  any  of  the conditions specified in SECTION 7.4(B) is not
satisfied, however; (i) the Indemnified Party may defend against, and consent to
the  entry  of  any  judgment  or enter into any settlement with respect to, the
Third Party Claim in any manner it may deem advisable (and the Indemnified Party
need  not  consult  with,  or obtain any consent from, any Indemnifying Party in
connection  therewith);  (ii)  the  Indemnifying  Party  shall  reimburse  the
Indemnified  Party  promptly and periodically for the costs of defending against
the Third Party Claim (including reasonable attorneys' and accountants' fees and
expenses);  and  (iii)  the  Indemnifying Party shall remain responsible for any
adverse consequences the Indemnified Party may suffer caused by, resulting from,
arising  out  of  or  relating  to  such Third Party Claim to the fullest extent
provided  in  this  Agreement.

     7.5     Settlement.  Except  as permitted by SECTION 7.4, a Party shall not
             ----------
compromise  or  settle  any  claim  for  which  the  other Party is obligated to
indemnify  it  without  the  written  consent  of  such  Party.

     7.6     Cooperation.  The  Indemnified  Party  shall  make  available  all
             -----------
information and assistance that the Indemnifying Party may reasonably request in
conjunction  with  assessing,  defending  and  settling  said  claim.

                                  ARTICLE VIII

                                  MISCELLANEOUS
                                  -------------

     8.1     Administrative  Services  Only.  Nothing  in  this  Agreement  is
             ------------------------------
intended  or  shall  be  construed  to  allow  Professional  Business Manager to
exercise  control, authority or direction over the manner or method by which the
Practice  and  its Professionals perform Professional Eye Care Services or other
professional  health  care services.  The rendition of all Professional Eye Care
Services,  including,  but not limited to, the prescription or administration of
medicine  and  drugs,  shall  be the sole responsibility of the Practice and its
Professionals,  and  Professional  Business  Manager  shall not interfere in any
manner or to any extent therewith.  Nothing contained in this Agreement shall be
construed  to  permit Professional Business Manager to engage in the practice of
optometry,  it  being the sole intention of the Parties hereto that the services
to  be  rendered to the Practice by Professional Business Manager are solely for
the  purpose  of providing non-optometric management and administrative services
to  the  Practice  so  as  to  enable  the  Practice to devote its full time and
energies  to  the professional conduct of its professional eye care practice and
provision  of  Professional  Eye  Care  Services  to  its  patients.

     8.2     Status  of  Independent  Contractor.  The Practice and Professional
             -----------------------------------
Business  Manager  and their Shareholders are not, and shall not be deemed to be
by  virtue  of this Agreement, joint venturers, partners, employees or agents of
each  other  (except as expressly provided in this Agreement).  Except as may be
expressly  provided  herein,  neither Party shall have any authority to bind the
other  without  the other's express written consent; and then only to the extent
of  the  authority  conferred by such express written consent.  Each Party is an
independent  contractor,  and  each  Party  shall  remain  professionally  and
economically  independent  of  the  other.  In  the  course  of  the  business
relationship  contemplated  in  this  Agreement  only  the  Practice  and  its
Professionals  shall  practice  optometry and/or therapeutic optometry, and they
shall  do  so  as  independent  professionals with no employment relationship to
Professional  Business  Manager.  Professional Business Manager and the Practice
agree  that  the  Practice  shall  retain

                                       33
<PAGE>

absolute  authority  to direct the optometric, professional, and ethical aspects
of  its optometric and/or therapeutic optometric practice, any authority granted
herein  to  Professional  Business  Manager  concerning  the  business  and
administrative  aspects  of  such  practice notwithstanding. Each Party shall be
solely  responsible  for  and  shall  comply  with  all  state  and federal laws
applicable to that Party pertaining to employment taxes, income tax withholding,
unemployment  compensation  contributions, and other employment related matters.

     8.3     Notices.  Any notice, demand, or communication required, permitted,
             -------
or  desired  to  be  given  hereunder  shall be deemed effectively given when in
writing  and  personally  delivered or mailed by prepaid certified or registered
mail,  return  receipt  requested,  addressed  as  follows:

                          The Practice: Jason Wonch, O.D. and Associates, A P.C.
                                                150 Northshore Blvd., Suite 2060
                                                         Slidell,Louisiana 70460
                                                    Attention: Jason Wonch, O.D.

                                 Professional Business Manager: EyeMasters, Inc.
                                                               11103 West Avenue
                                                        San Antonio, Texas 78213
                                              Attention: Chief Financial Officer

                                        with a copy to: Cox & Smith Incorporated
                                                        112 E. Pecan, Suite 1800
                                                        San Antonio, Texas 78205
                                 Attention: J. Daniel Harkins or Steven A. Elder

or  to  such other address, or to the attention of such other person or officer,
as  any  party  may  by  written  notice  designate.

     8.4     Governing  Law.  This  Agreement shall in all respects be governed,
             --------------
interpreted  and  construed  in  accordance  with the laws of the State of Texas
without  giving  effect  to  principles  of comity or conflicts of laws thereof.

     8.5     Jurisdiction  and  Venue.  Professional  Business  Manager  and the
             ------------------------
Practice  hereby consent to the personal jurisdiction and venue of the state and
federal  courts  in  the  judicial  circuit where the Practice has its principal
corporate office, and do hereby waive all questions of personal jurisdiction and
venue,  including,  without  limitation,  the  claim or defense that such courts
constitute  an  inconvenient  forum.

     8.6     Assignment.  Except  as  may be herein specifically provided to the
             ----------
contrary,  this  Agreement shall inure to the benefit of and be binding upon the
Parties  hereto  and  their  respective  legal  representatives, successors, and
assigns;  provided,  however,  that  the  Practice may not assign this Agreement
without  the  prior  written  consent  of  Professional  Business Manager, which
consent  may  be  withheld. Professional Business Manager may assign or transfer
its  rights  and  obligations  under  this  Agreement  only  in  the  following
situations:  (a)  pursuant  to  a  merger  of Professional Business Manager into
another  entity  or  the sale of substantially all of the assets of Professional
Business  Manager;  (b)  pursuant  to  the sale and/or assignment of all of this
Agreement with the Practice's consent, which shall not be unreasonably withheld;
(c)  pursuant  to  a  transfer  or  assignment  of  this  Agreement  to  one  of
Professional  Business  Manager's

                                       34
<PAGE>

subsidiaries,  affiliates,  or  sister  corporations;  or  (d)  pursuant  to any
transfer  or  assignment  to  or  by  any  financial  lender of the Professional
Business  Manager,  and  this  Agreement  is  subordinate  to the rights of such
lender.  After  such assignment and transfer, the Practice agrees to look solely
to  such  assignee  or  transferee  for  performance  of  this  Agreement.

     8.7     Arbitration.  Any  and  every dispute of any nature whatsoever that
             -----------
may  arise  between  the  Parties,  whether sounding in contract, statute, tort,
fraud,  misrepresentation,  discrimination or any other legal theory, including,
but  not  limited  to,  disputes  relating  to  or  involving  the construction,
performance  or  breach  of  this  Agreement  or any other agreement between the
Parties,  whether  entered  into prior to, on, or subsequent to the date of this
Agreement, or those arising under any federal, state or local law, regulation or
ordinance,  shall  be  determined  by binding arbitration in accordance with the
then-current  commercial  arbitration  rules  of  the  American  Arbitration
Association,  to  the  extent  such rules do not conflict with the provisions of
this  paragraph.  If  the  amount  in controversy in the arbitration exceeds Two
Hundred  Fifty  Thousand  Dollars  ($250,000), exclusive of interest, attorneys'
fees  and  costs,  the  arbitration  shall  be conducted by a panel of three (3)
neutral  arbitrators.  Otherwise, the arbitration shall be conducted by a single
neutral arbitrator.  The Parties shall endeavor to select neutral arbitrators by
mutual  agreement.  If  such  agreement  cannot  be  reached  within thirty (30)
calendar  days after a dispute has arisen which is to be decided by arbitration,
any  Party  or  the  Parties  jointly  shall  request  the  American Arbitration
Association  to submit to each Party an identical panel of fifteen (15) persons.
Alternate strikes shall be made to the panel, commencing with the Party bringing
the claim, until the names of three (3) persons remain, or one (1) person if the
case is to be heard by a single arbitrator.  The Parties may, however, by mutual
agreement,  request  the  American  Arbitration Association to submit additional
panels  of  possible  arbitrators.  The  person(s)  thus  remaining shall be the
arbitrator(s)  for such arbitration.  If three (3) arbitrators are selected, the
arbitrators  shall  elect a chairperson to preside at all meetings and hearings.
The  arbitrator(s), or a majority of them, shall have the power to determine all
matters incident to the conduct of the arbitration, including without limitation
all  procedural  and evidentiary matters and the scheduling of any hearing.  The
award  made by a majority of the arbitrators shall be final and binding upon the
Parties  thereto  and  the  subject  matter  thereof.  The  arbitration shall be
governed  by  the  United States Arbitration Act, 9 U.S.C.    1-16, and judgment
upon  the award rendered by the arbitrator(s) may be entered by any court having
jurisdiction  thereof. The arbitrators shall have no authority to award punitive
or  exemplary damages or any statutory multiple damages, and shall only have the
authority  to  award  compensatory  damages, arbitration costs, attorney's fees,
declaratory  relief,  and  permanent  injunctive  relief, if applicable.  Unless
otherwise  agreed  by the parties, the arbitration shall be held in San Antonio,
Texas.  This SECTION 8.7 shall not prevent either Party from seeking a temporary
restraining  order or temporary or preliminary injunctive relief from a court of
competent  jurisdiction in order to protect its rights under this Agreement.  In
the  event a Party seeks such injunctive relief pursuant to this Agreement, such
action  shall  not  constitute  a  waiver of the provisions of this SECTION 8.7,
which  shall  continue  to  govern  any  and  every dispute between the Parties,
including  without  limitation the right to damages, permanent injunctive relief
and  any  other  remedy,  at  law  or  in  equity.

     8.8     Waiver of Jury Trial.  EACH OF THE PARTIES TO THIS AGREEMENT WAIVES
             --------------------
ANY  RIGHT  TO  TRIAL  BY  JURY OF ANY DISPUTE OF ANY NATURE WHATSOEVER THAT MAY
ARISE  BETWEEN  THEM, INCLUDING, BUT NOT LIMITED TO, THOSE DISPUTES RELATING TO,
OR  INVOLVING  IN  ANY  WAY,  THE  CONSTRUCTION,  PERFORMANCE  OR BREACH OF THIS
AGREEMENT  OR  ANY  OTHER  AGREEMENT  BETWEEN THE PARTIES, THE PROVISIONS OF ANY
FEDERAL,  STATE  OR  LOCAL  LAW,  REGULATION  OR  ORDINANCE NOTWITHSTANDING.  By
execution  of this Agreement, each of the parties hereto

                                       35
<PAGE>

acknowledges  and  agrees  that  it has had an opportunity to consult with legal
counsel and that he/she it knowingly and voluntarily waives any right to a trial
by  jury of any dispute pertaining to or relating in any way to the transactions
contemplated  by  this  Agreement, the provisions of any federal, state or local
law,  regulation  or  ordinance  notwithstanding.

     8.9     Waiver  of  Breach.  The  waiver  by  either  Party  of a breach or
             ------------------
violation  of  any  provision  of  this  Agreement  shall  not operate as, or be
construed  to  constitute,  a  waiver  of  any  subsequent breach of the same or
another  provision  hereof.

     8.10     Enforcement.  In the event either Party resorts to legal action to
              -----------
enforce or interpret any provision of this Agreement, the prevailing Party shall
be  entitled  to  recover  the  costs  and  expenses of such action so incurred,
including,  without  limitation,  reasonable  attorneys'  fees.

     8.11     Gender  and  Number.  Whenever  the  context  of  this  Agreement
              -------------------
requires,  the gender of all words herein shall include the masculine, feminine,
and  neuter,  and  the number of all words herein shall include the singular and
plural.

     8.12     Additional  Assurances.  Except  as  may  be  herein  specifically
              ----------------------
provided  to  the  contrary,  the  provisions  of  this  Agreement  shall  be
self-operative and shall not require further agreement by the Parties; provided,
however,  at  the  request  of  either Party, the other Party shall execute such
additional  instruments  and  take such additional acts as are reasonable and as
the  requesting  Party  may  deem  necessary  to  effectuate  this  Agreement.

     8.13     Consents,  Approvals,  and  Exercise of Discretion.  Whenever this
              --------------------------------------------------
Agreement  requires  any  consent  or  approval  to be given by either Party, or
either  Party must or may exercise discretion, and except where specifically set
forth to the contrary, the Parties agree that such consent or approval shall not
be  unreasonably  withheld  or  delayed,  and  that  such  discretion  shall  be
reasonably  exercised.

     8.14     Force  Majeure.  Neither  Party shall be liable or deemed to be in
              --------------
default  for  any  delay or failure in performance under this Agreement or other
interruption  of  service deemed to result, directly or indirectly, from acts of
God,  civil  or military authority, acts of public enemy, war, accidents, fires,
explosions,  earthquakes,  floods,  failure  of transportation, strikes or other
work  interruptions  by  either  Party's  employees,  or any other similar cause
beyond  the  reasonable  control of either Party unless such delay or failure in
performance is expressly addressed elsewhere in this Agreement.  Notwithstanding
the same, the Parties hereto agree to continue this Agreement to the best degree
they  can  so  long as reasonably possible and the Practice shall not be excused
from  its  obligations  under SECTIONS 4.1, 6.4 and 6.5 pursuant to this SECTION
8.14.

     8.15     Severability.  The Parties hereto have negotiated and prepared the
              ------------
terms of this Agreement in good faith with the intent that each and every one of
the  terms,  covenants  and  conditions  herein be binding upon and inure to the
benefit  of  the  respective  Parties.  Accordingly,  if  any one or more of the
terms,  provisions,  promises,  covenants or conditions of this Agreement or the
application  thereof to any person or circumstance shall be adjudged or rendered
to any extent invalid, unenforceable, void or voidable for any reason whatsoever
by  a  court  of  competent  jurisdiction, an arbitration tribunal, a regulatory
agency,  or statute, such provision shall be reformed, construed and enforced as
if  such unenforceable provision had not been contained herein, and each and all
of  the  remaining terms, provisions, promises, covenants and conditions of this
Agreement  or  their  application to other persons or circumstances shall not be
Affected

                                       36
<PAGE>

thereby  and  shall  be valid and enforceable to the fullest extent permitted by
law.  To  the  extent this Agreement is in violation of applicable law, then the
Parties  agree  to negotiate in good faith to amend the Agreement, to the extent
possible  consistent  with  its  purposes,  to  conform  to  law.

     8.16     Press  Releases  and  Public  Announcements.  Except  as otherwise
              -------------------------------------------
required by law or by applicable rules of any securities exchange or association
of  securities  dealers,  neither  the  Practice  nor  the Professional Business
Manager shall issue any press release, make any public announcement or otherwise
disclose  any information for the purpose of publication by any print, broadcast
or  other  public  media,  relating  to  the  transactions  contemplated by this
Agreement,  without  the  prior  approval  of  the  other  Party.

     8.17     Divisions  and  Headings.  The  division  of  this  Agreement into
              ------------------------
articles,  sections,  and  subsections  and  the use of captions and headings in
connection  therewith are solely for convenience and shall not affect in any way
the  meaning  or  interpretation  of  this  Agreement.

     8.18     Amendments  and  Execution.  This  Agreement  and  any  amendments
              --------------------------
hereto  shall  be  in  writing  and executed in multiple copies on behalf of the
Practice  by its President, and on behalf of Professional Business Manager by an
officer.  Each  multiple  copy  shall  be  deemed  an original, but all multiple
copies  together  shall  constitute  one  and  the  same  instrument.

     8.19     Licenses, Permits and Certificates.  Professional Business Manager
              ----------------------------------
and  the  Practice shall each obtain and maintain in effect, at all times during
the  term  of this Agreement, all licenses, permits and certificates required by
law  which  are  applicable  to  the performance of their respective obligations
pursuant  to  this  Agreement.

     8.20     No  Third  Party  Beneficiaries.  Except  as  otherwise  provided
              -------------------------------
herein,  this  Agreement shall not confer any rights or remedies upon any person
other  than  Professional Business Manager and the Practice and their respective
successors  and  permitted  assigns.

     8.21     Compliance  with  Applicable  Laws.  Professional Business Manager
              ----------------------------------
and the Practice shall comply with all applicable federal, state and local laws,
regulations,  rules  and  restrictions in the conduct of their obligations under
this  Agreement.

     8.22     Language  Construction.  The  Practice  and  Professional Business
              ----------------------
Manager  acknowledge  that  each  Party hereto and its counsel have reviewed and
revised  this  Agreement  and  agree that the normal rule of construction to the
effect  that any ambiguities are to be resolved against the drafting Party shall
not  be  employed  in  the  interpretation  of  this  Agreement.

     8.23     Entire  Agreement.  With  respect  to  the  subject matter of this
              -----------------
Agreement,  this Agreement supersedes all previous contracts and constitutes the
entire  agreement  between  the  Parties.  Neither  Party  shall  be entitled to
benefits  other  than  those  specified  herein.  No  prior  oral  statements or
contemporaneous  negotiations  or  understandings  or prior written material not
specifically  incorporated  herein  shall  be  of  any  force and effect, and no
changes  in  or  additions  to  this  Agreement  shall  be  recognized  unless
incorporated herein by amendment as provided herein, such amendment(s) to become
effective on the date stipulated in such amendment(s).  The Parties specifically
acknowledge  that,  in  entering  into and executing this Agreement, the Parties
rely  solely upon the representations and agreements contained in this Agreement
and  no  others.

                                       37
<PAGE>

     8.24     Authority.  Professional  Business Manager and the Practice hereby
              ---------
warrant  and  represent  to  each  other  that they have the requisite corporate
authority  to  execute  and  deliver  this  Agreement in their respective names.

     IN  WITNESS  WHEREOF,  the  Practice and Professional Business Manager have
caused  this  Agreement to be executed by their duly authorized representatives,
all  as  of  the  day  and  year  first  above  written.

                                                                  "The Practice"
                                        JASON WONCH, O.D. AND ASSOCIATES, A P.C.

                                             By:________________________________
                                                    Jason Wonch, O.D., President

                                                 "Professional Business Manager"
                                                                EYEMASTERS, INC.

                                             By:________________________________
                                                                           Name:
                                                                          Title:

                                       38
<PAGE>

                                    EXHIBIT A
                               PRACTICE LOCATIONS

     Address                         Monthly  Rental  Rate

(1)  #007     Esplanade  Mall                         $2,400
          1401  West  Esplanade  Boulevard,  #208
          Kenner,  LA  70065

(2)  #011     Pierre  Bossier  Mall                       $1,400
              2950  East  Texas,  Box  634-Space  24
              Bossier  City,  LA  71111-3259

(3)  #068     Prien  Lake  Mall                           $1,900
              412  West  Prien  Lake  Road,  #G-05A
              Lake  Charles,  LA  70601-8455

(4)  #091     Acadiana  Mall                              $1,700
              5725  Johnston  Street,  Box  2307
              Lafayette,  LA  70503

(5)  #142     Pecanland  Mall                             $1,500
              4700  Millhaven  Road,  #1090
              Monroe,  LA  71203

(6)  #201     9580  Florida  Boulevard                      $600
              Baton  Rouge,  LA  70815

(7)  #210     Ponchartrain  Place                           $900
              3501  Severn  Avenue
              Metarie,  LA  70002-3451

(8)  #217     North  Shore  Square  Mall                  $1,500
              150  North  Shore  Boulevard,  Suite  2060
              Slidell,  LA  70460

(9)  #218     Alexandria  Mall                            $1,500
              3437  Masonic  Drive
              Alexandria,  LA  71301-3686

PLEASE  NOTE  THAT  NOT  ALL  OF THE LOCATIONS WILL BE SUBJECT TO THE MANAGEMENT
AGREEMENT  UPON  EXECUTION  HEREOF, BUT WILL BE SUBJECT HERETO AS THE UNDERLYING
SUBLEASE  AGREEMENT  FOR  SUCH PREMISES IS EXECUTED BETWEEN THE PRACTICE AND THE
LANDLORD.

<PAGE>
                                  EXHIBIT 3.14

                                 HIPAA ADDENDUM

     Practice  is  receiving  and  Professional  Business  Manager  is providing
business  management  services  in  connection  with  the operation of Practice,
pursuant  to  the terms of the Professional Business Management Agreement.  This
Addendum  sets  forth  certain terms that will apply to the relationship between
Practice  ("Health  Care Provider") and Professional Business Manager ("Business
Associate") including that relationship arising out of the Professional Business
Management  Agreement,  and  which  are  required  by  the  privacy  regulations
promulgated pursuant to the Health Insurance Portability and Accountability Act,
as  amended  ("HIPAA").  The  parties  agree  as  follows:

1.     DEFINITIONS.  Unless  otherwise  specified  in  this  Addendum,  all
       -----------
capitalized  terms not otherwise defined shall have the meanings established for
       ---
purposes  of  Title  45, Parts 160 and 164, of the United States Code of Federal
Regulations,  as  amended from time to time.  For purposes of clarification, the
following  terms  shall  have  the  definitions  as  set  forth  herein  below:
1.     1  "Privacy  Standards"  shall  mean  the  Standards  for  Privacy  of
Individually Identifiable Health Information as codified in 45 CFR Parts 160 and
164.

1.2  "Security  Standards"  shall mean the Security Standards for the Protection
of  Electronic  Protected Health Information as codified in 45 CFR Parts 160 and
164.

1.3  "Protected Health Information" or "PHI" shall mean any information, whether
oral  or  recorded in any form or medium: (i) that relates to the past, present,
or future physical or mental condition of an individual; the provision of health
care to an individual; or the past, present, or future payment for the provision
of  health  care  to  an individual; and (ii) that identifies the individual, or
with  respect  to which there is reasonable basis to believe the information can
be  used  to  identify  the individual, and shall have the meaning given to such
term  in  the  Privacy  Standards  and  in  the  Security  Standards.

2.     BUSINESS  ASSOCIATE  OBLIGATIONS.  Business  Associate  may  receive from
       --------------------------------
Health Care Provider health information that is protected under applicable state
and/or  federal law, including without limitation, Protected Health Information.
Business  Associate  agrees  not  to  use  or  disclose  (or  permit  the use or
disclosure  of)  PHI  in  a  manner  that  would violate the requirements of the
Privacy Standards or the Security Standards if the PHI were used or disclosed by
Health  Care  Provider  in  the  same  manner.  Business  Associate  shall  use
appropriate  safeguards  to  prevent  the use or disclosure of PHI other than as
expressly  permitted  under  this  Addendum.
3.     USE  OF  PHI.  Business Associate may use PHI only (i) for the purpose of
       ------------
performing services for Health Care Provider as such services are defined in the
Professional Business Management Agreement, and (ii) as necessary for the proper
management  and  administration  of  the  Business Associate or to carry out its
legal  responsibilities, provided that such uses are permitted under federal and
state  law.  Health Care Provider shall retain all rights in the PHI not granted
herein.

<PAGE>

4.     DISCLOSURE  OF  PHI.  Business Associate may disclose PHI as necessary to
       -------------------
perform its obligations under the Professional Business Management Agreement and
as  permitted  by  law, provided that Business Associate shall in such case: (a)
obtain  reasonable  assurances  from  any  person  to  whom  the  information is
disclosed  that it will be held confidential and further used and disclosed only
as  required  by law or for the purpose for which it was disclosed to the person
or entity; (b) agree to immediately notify Health Care Provider of any instances
of  which  it is aware that PHI is being used or disclosed for a purpose that is
not  otherwise  provided  for  in  this  Addendum or for a purpose not expressly
permitted  by  the  Privacy  Standards or the Security Standards; and (c) obtain
reasonable  assurances  that all disclosures of PHI are subject to the principle
of  "minimum  necessary  use and disclosure," i.e., only the minimum PHI that is
necessary  to  accomplish  the  intended purpose may be disclosed.  In addition,
Business  Associate  may disclose PHI as required by law.  If Business Associate
discloses  PHI  received  from  Health  Care Provider, or created or received by
Business  Associate  on  behalf  of Health Care Provider, to agents, including a
subcontractor  (collectively,  "Recipients"),  Business  Associate shall require
Recipients  to  agree  in  writing  to the same restrictions and conditions that
apply  to  the Business Associate under this Addendum.  Business Associate shall
report  to  Health  Care  Provider any use or disclosure of PHI not permitted by
this Addendum, of which it becomes aware, such report to be made within five (5)
days  of  the  Business  Associate  becoming  aware  of  such use or disclosure.
Business  Associate  agrees  to  mitigate,  to  the  extent practical and unless
otherwise  requested by Health Care Provider in writing, any harmful effect that
is  known  to Business Associate and is the result of a use or disclosure of PHI
in  violation  of  this  Addendum.

5.     INDIVIDUAL  RIGHTS.  If  Business Associate maintains a Designated Record
       ------------------
Set  on  behalf  of Health Care Provider, Business Associate shall (a) permit an
individual  to  inspect  or  copy PHI contained in that set about the individual
under  conditions  and limitations required under 45 CFR   164.524, as it may be
amended from time to time, and (b) amend PHI maintained by Business Associate as
requested  by  Health  Care  Provider.  Business  Associate shall respond to any
request  from  Health  Care Provider for access by an individual within five (5)
days  of  such  request  and  shall  make any amendment requested by Health Care
Provider  within  ten  (10)  days  of  such  request.  The  information shall be
provided  in  the  form or format requested, if it is readily producible in such
form or format, or in summary, if the individual has agreed in advance to accept
the  information  in summary form.  A reasonable, cost-based fee for copying PHI
may  be  charged.  Business Associate shall accommodate an individual's right to
have access to PHI about the individual in a Designated Record Set in accordance
with  the  Privacy Standards set forth at 45 CFR   164.526, as it may be amended
from  time  to time, unless the regulation provides for a denial or an exception
expressly  applies.  Health  Care  Provider  shall determine whether a denial is
appropriate  or  an  exception  applies.  Business Associate shall notify Health
Care  Provider  within  five  (5)  days  of receipt of any request for access or
amendment  by  an  individual.  Business Associate shall have a process in place
for  requests  for  amendments and for appending such requests to the Designated
Record  Set.

6.     ACCOUNTING  OF  DISCLOSURES.  Business  Associate shall make available to
       ---------------------------
Health  Care  Provider  in response to a request from an individual, information
required for an accounting of disclosures of PHI with respect to the individual,
in  accordance  with  45  CFR   164.528, as it may be amended from time to time,
incorporating  exceptions  to  such  accounting designated under the regulation.
Such  accounting  is  limited to disclosures that were made in the six (6) years
prior  to the request and shall not include any disclosures that were made prior
to  the  compliance  date  of  the  Privacy Standards.  Business Associate shall
provide  such  information necessary to provide an accounting within thirty (30)
days  of  Health  Care  Provider's  request.   Such  accounting must be provided
without  cost  to  the  individual or to Health Care Provider if it is the first
accounting  requested  by  an  individual  within  any twelve (12) month period;

                                        2
<PAGE>

however,  a reasonable, cost-based fee may be charged for subsequent accountings
if  Business  Associate  informs  the  Health  Care Provider and the Health Care
Provider  informs  the  individual  in advance of the fee, and the individual is
afforded  an  opportunity  to  withdraw  or modify the request.  Such accounting
shall  be  provided  as  long  as  Business  Associate  maintains  PHI.

7.     WITHDRAWAL  OF CONSENT OR AUTHORIZATION.  If the use or disclosure of PHI
       ---------------------------------------
in this Addendum is based upon an individual's specific consent or authorization
for  the  use  of his or her PHI, and (i) the individual revokes such consent or
authorization  in  writing,  (ii)  the  effective date of such authorization has
expired,  or  (iii) the consent or authorization is found to be defective in any
manner  that  renders it invalid, Business Associate agrees, if it has notice of
such  revocation  or  invalidity,  to  cease  the use and disclosure of any such
individual's  PHI  except to the extent it has relied on such use or disclosure,
or  where  an  exception  under  the  Privacy  Standards  expressly  applies.

8.     RECORDS  AND  AUDIT.  Business  Associate  shall make available to Health
       -------------------
Care  Provider  and to the United States Department of Health and Human Services
or  its  agents,  its internal practices, books, and records relating to the use
and  disclosure of PHI received from, created, or received by Business Associate
on  behalf  of  Health  Care Provider for the purpose of determining Health Care
Provider's  compliance  with the Privacy Standards and the Security Standards or
any  other  health  oversight  agency, in a timely a manner designated by Health
Care  Provider  or  the  Secretary.  Except  to  the  extent  prohibited by law,
Business  Associate  agrees  to  notify  Health  Care  Provider immediately upon
receipt  by  Business  Associate  of  any  and all requests served upon Business
Associate for information or documents by or on behalf of any and all government
authorities.

9.     NOTICE  OF  PRIVACY  PRACTICES.  Health  Care  Provider  shall provide to
       ------------------------------
Business  Associate  its Notice of Privacy Practices ("Notice") when adopted and
any  amendments thereafter.  Business Associate agrees that it will abide by the
limitations  of  any  Notice  published  by Health Care Provider of which it has
knowledge.  An amended Notice shall not affect permitted uses and disclosures on
which  Business  Associate  has  relied  prior  to  the  receipt of such Notice.

10.     CONFIDENTIALITY.  Business  Associate  shall  take any steps required to
        ---------------
(i)  protect  PHI  from  unauthorized  uses or disclosures and (ii) maintain the
confidentiality and integrity of PHI.  Prior to any permitted disclosure of PHI,
Business  Associate  shall  require  the person or entity to which it intends to
disclose  PHI to assume all of the same duties with respect to PHI that Business
Associate  has  under  this  Addendum.

11.     SECURITY.  Business  Associate will: implement administrative, physical,
        --------
and  technical  safeguards  that  reasonably  and  appropriate  protect  the
confidentiality,  integrity  and availability of the electronic protected health
information  that it creates, receives, maintains, or transmits on behalf of the
Health  Care Provider; ensure that any agent, including a subcontractor, to whom
it  provides  such  information  agrees  to implement reasonable and appropriate
safeguards  to protect the information; and report any security incidents to the
Health  Care  Provider,  in  accordance  with  the  Security  Standards.

12.     TERM  AND  TERMINATION.
        ----------------------
12.1     This  Addendum shall commence on the Effective Date and shall remain in
effect  until  terminated  in  accordance  with  the  terms  of this SECTION 12;
provided,  however,  that  any  termination  shall  not  affect  the  respective
obligations  or  rights  of the parties arising under this

                                        3
<PAGE>

Addendum prior to the effective date of termination, all of which shall continue
in  accordance  with  their  terms.

12.2     Health  Care  Provider  shall have the right to terminate this Addendum
for  any  reason  upon  thirty  (30)  days written notice to Business Associate.

12.3     Health Care Provider, at its sole discretion, may immediately terminate
this  Addendum  and  shall  have  no  further  obligations to Business Associate
hereunder  if any of the following events shall have occurred and be continuing:
(a)     Business  Associate  shall  fail  to  observe  or  perform  any material
covenant or agreement contained in this Addendum for ten (10) days after written
notice  thereof has been given to Business Associate by Health Care Provider; or
(b)     A  violation  by  Business  Associate  of  any  provision of the Privacy

Standards, Security Standards, or other applicable federal or state privacy law.
12.4     Upon the termination of the Professional Business Management Agreement,
this  Addendum  shall  also  terminate.

12.5     Upon  termination, Business Associate agrees either to return to Health
Care  Provider  or  to  destroy  all  PHI  received from Health Care Provider or
otherwise  through the performance of services for Health Care Provider, that is
in  the  possession or control of Business Associate or its agents.  In the case
of  information  for  which  it is not feasible to "return or destroy," Business
Associate  shall  continue  to  comply  with the covenants in this Addendum with
respect to such PHI and shall comply with other applicable state or federal law,
which may require a specific period of retention, redaction, or other treatment.
Termination  of  this  Addendum  shall  be  cause  for  Health  Care Provider to
terminate  the  Professional  Business  Management  Agreement.

13.     WAIVER.  No  provision  of  this Addendum or any breach thereof shall be
        ------
deemed  waived  unless such waiver is in writing and signed by the party claimed
to have waived such provision or breach.  No waiver of a breach shall constitute
a  waiver  of  or  excuse  any  different  or  subsequent  breach.

14.     ASSIGNMENT.  Neither  party  may  assign (whether by operation or law or
        ----------
otherwise)  any  of its rights or delegate or subcontract any of its obligations
under  this  Addendum  without  the  prior  written  consent of the other party.
Notwithstanding  the  foregoing,  Health  Care  Provider shall have the right to
assign  its  rights and obligations hereunder to any entity that is an affiliate
or  successor  of  Health  Care Provider, without the prior approval of Business
Associate.

15.     GOVERNING  LAW.  This  Agreement shall be governed by and interpreted in
        --------------
accordance  with  the  laws  of  the  State  of  Texas.

16.     COUNTERPARTS.  This  Addendum  may  be  executed  in  one  or  more
        ------------
counterparts,  each  of  which  shall  be  deemed  an original, but all of which
        ----
together  shall  constitute  one and the same document.  In making proof of this
Addendum, it shall not be necessary to produce or account for more than one such
counterpart  executed  by the party against whom enforcement of this Addendum is
sought.

                                        4
<PAGE>

                                  EXHIBIT 4.3

                        PRESIDENT'S EMPLOYMENT AGREEMENT
                        --------------------------------

     THIS EMPLOYMENT AGREEMENT (the "Agreement") made and entered into as of the
___  day of __________, 2003, by and between Jason Wonch, O.D. and Associates, A
P.C.,  a  Louisiana  professional  optometry corporation (the "Company"), or its
assigns,  and  Jason  Wonch,  O.D.  ("Executive");

                              W I T N E S S E T H:
                              - - - - - - - - - -

     WHEREAS,  Executive owns 100% of the ownership interest in the Company; and

     WHEREAS,  Executive  is duly licensed to practice optometry in the State of
Louisiana  and  desires  to  accept  employment as an employee of the Company to
practice optometry and provide certain management services as an employee of the
Company;
     WHEREAS,  the  Company  desires  to  employ  Executive  on  the  terms  and
conditions  set  forth  below;

     NOW,  THEREFORE,  in  consideration  of the mutual covenants and agreements
hereinafter  set  forth,  the  parties  hereto  agree  as  follows:

     1.     Employment.  The  Company  hereby  employs  Executive  to  serve  as
            ----------
President of the Company, and Executive hereby accepts such employment, upon the
terms  and  conditions  set  forth  herein.

     2.     Term.  The  term of this Agreement shall commence on the date hereof
            ----
(the "Effective Date") and shall terminate on the day preceding the tenth (10th)
anniversary  of the Effective Date, subject to earlier termination and extension
as  hereinafter  provided  (the  "Term").  Thereafter,  this  Agreement  shall
automatically  renew  for six (6) successive five-year terms unless either party
gives written notice of its election not to renew at least sixty (60) days prior
to  the  end of the then current period.  In the event of such extension, all of
the  terms  and  conditions  of  this  Agreement  shall remain in full force and
effect.

     3.     Duties,  Qualifications  and  Optometric  Records.
            -------------------------------------------------
     (a)  During the Term, Executive shall serve as the President of the Company
with such title, duties and responsibilities as established from time to time by
the  Board  of Directors of the Company (the "Board"), or such person who may be
appointed  by  the  Board to oversee the operations of the Company.  Such duties
and responsibilities shall include, but not be limited to, the management of the
other  optometrists employed by the Company and the operations of the Company in
Louisiana and such other states as the Company has operations.  Executive agrees
that  he  will devote substantially all of his full professional time, attention
and  energies  to  the  business  of  the Company, and to the performance of his
duties hereunder. Executive shall not engage in the practice of optometry except
as  an  employee  of

<PAGE>

the Company.  Executive will at all times report to the Board or such person who
may  be  appointed by the Board to oversee the operations of the Company and its
direct  and  indirect subsidiaries and affiliates.  Executive shall abide by all
of the Company's policies and procedures, as may be adopted from time to time by
the  Company.  Executive  shall  maintain  a  valid  and unrestricted license to
practice  optometry  in  each  state  or other jurisdiction in which the Company
provides  optometry  services.
(b)     Executive  shall, in accordance with the Company's policies, cause to be
properly  prepared  and  filed reports of all examinations, procedures and other
professional  services  performed  by  himself  and  the  other employees of the
Company.  The  ownership  and  right  of  control  of  all  reports, records and
supporting  documents  prepared  for and/or maintained by the Company belongs to
the  Company.  In  addition,  Executive  shall  promptly  submit such additional
records  as  the Company deems to be required by any third party payors.  In the
event  that Executive's employment with the Company is terminated, to the extent
that  Executive  has  any  rights in such patient records, Executive agrees that
such  rights  will  be  transferred  to,  and the records shall remain with, the
Company,  and  Executive  shall  have  no  ongoing  rights with respect thereto.
     4.     Compensation.
            ------------

     (a)     Base  Compensation.  During the term of this Agreement, the Company
             ------------------
shall  pay  to  Executive  a  salary  at  an  annual rate of $120,000 (the "Base
Salary").  The  Base  Salary  shall  be payable during the Term in substantially
equal  installments  not  less  frequently  than  monthly in accordance with the
Company's  standard  payroll policy or in such other installments as the parties
may  mutually  agree.  The  Base  Salary  shall  be  payable  during the Term in
substantially  equal installments not less frequently than monthly in accordance
with  the Company's standard payroll policy or in such other installments as the
parties  may  mutually  agree.

     (b)     Reimbursement  of Expenses.  The Company shall reimburse Executive,
             --------------------------
in  accordance  with  the  Company's policy in effect from time to time, for all
reasonable  travel,  entertainment  and  other  business  expenses  incurred  by
Executive  in  the  performance  of  his  duties and responsibilities hereunder.
Notwithstanding the foregoing, Executive shall only be entitled to reimbursement
for  continuing education and related expenses for only two days of seminars per
year  and  the  reasonable  travel  and  lodging  related  thereto.

     (c)     Net  Payments.  The  amount  of  any gross payments provided for in
             -------------
this  Agreement  shall  be paid net of any applicable withholding required under
federal,  state  or  local  law.

     5.     Benefits.  Executive  shall be entitled to receive the benefits made
            --------
available  or  applicable  from  time  to  time to the employees of the Company;
provided,  however,  that  the  receipt  of  such benefits by Executive shall be
subject  to  the Company's eligibility and enrollment requirements pertaining to
such benefit programs.  Executive shall be eligible for four weeks paid vacation
per  year  in  accordance  with  the  Company's  vacation  policy.

<PAGE>

     6.     Confidentiality  and  Competitive  Activities.
            ---------------------------------------------

     (a)     Confidentiality.  Executive acknowledges that during his employment
             ---------------
with  the  Company,  the  Company  has  and will continue to disclose to him the
confidential  affairs  and  proprietary  information  of  the  Company  and  its
subsidiaries and affiliates which is developed by and belongs to the Company and
its  subsidiaries and affiliates, including matters of a business nature such as
information  about  costs,  profits,  markets,  sales,  trade secrets, potential
patents  and  other  business  ideas, customer lists, supplier and vendor lists,
plans  for future developments and/or acquisitions, and information of any other
kind  not  known  within  the  optometric and optical professions or the optical
retail  industry  generally  (collectively,  "Confidential Matters").  Executive
further acknowledges that the Company would not hire Executive or disclose these
Confidential Matters to Executive without the promises made by Executive in this
SECTION  6.  In  light  of  the  foregoing,  Executive  agrees:

          (i)  To  keep  secret  all  Confidential  Matters and the confidential
affairs  and  proprietary  information of any third party to whom the Company is
bound by a confidentiality agreement, and not to disclose them to anyone outside
of  the  Company or its subsidiaries or affiliates, or otherwise use them or use
his knowledge of them for his own benefit or for the benefit of any third party,
including,  without  limitation,  use  of  the  trade  secrets,  trade  names or
trademarks  of  the  Company,  either  during or after the Term, except with the
Company's  prior  written  consent;  and

          (ii)  To  deliver  promptly  to  the Company at the termination of the
Term,  or  at any time the Company may request, all memoranda, notices, records,
reports and other documents (and all copies thereof) relating to the business of
the Company or any of its subsidiaries or affiliates, including, but not limited
to,  Confidential  Matters, which he may then possess or have under his control.

     Notwithstanding  any of the foregoing, the term "Confidential Matters" does
not  include  information  which  (i)  is  or becomes generally available to the
public  other  than as a result of any disclosure by Executive or (ii) Executive
is  compelled  to disclose by judicial or administrative process; provided, that
in  the  case  of  any such requirement or purported requirement Executive shall
provide written notice to the Company prior to producing such information, which
notice  shall  be  given  at  least  ten  (10)  days  prior  to  producing  such
information,  if practicable, so that the Company may seek a protective order or
other  appropriate  remedy.

     (b)     Competitive  Activities.  Executive  expressly  recognizes  and
             ------------------------
acknowledges  that  the terms and conditions of this SECTION 6(B) are reasonable
as  to the time, area, and scope of restricted activity necessary to protect the
legitimate interests of the Company, and are not unduly burdensome to Executive.
During  the  Restricted  Period  (as  hereinafter defined), Executive shall not,
directly  or  indirectly  (whether  for  compensation or otherwise), alone or as
officer,  director, stockholder (excepting stockholdings for investment purposes
of  not  more  than  1%  in  securities  of publicly held and traded companies),
partner,  associate,  employee,  agent, principal, creditor, guarantor, trustee,
salesman,  consultant,  or any other capacity, take any action in or participate
with  or  become interested in or associated with any person, firm, partnership,
corporation  or other entity whatsoever that is engaged in the optometric and/or
optical  professions  and/or the business of the retail sale of optical goods in
any  of  the  geographic  areas  within  three  (3) miles of any of the practice
locations  that  are owned, operated or managed by the Company as of the date of
termination of employment or location in which the Company has affirmative plans
(evidenced  by  documentation)  to  commence  operations  as  of  the  date  of
termination  of  employment  (such activities are hereinafter referred to as the
"Competitive  Activities"  and the

<PAGE>

restricted  area  is  hereinafter  referred  to  as  the  "Restricted  Area").
Notwithstanding the foregoing, Executive shall be permitted to own and operate a
single  location  for  the  purpose  of  operating  an optometric and/or optical
practice  and/or  selling  optical  goods,  provided  that  such  store  is  not
affiliated  with  any  national,  regional  or  local  optical  retailer  or  an
optometric  practice  that owns and operates more than one practice location and
such  store location is not within a five (5) mile radius of (i) a location that
is  owned,  operated  or managed by the Company as of the date of termination of
employment  or  (ii)  a  location  in  which  the  Company has affirmative plans
(evidenced  by  documentation)  to  commence  operations  as  of  the  date  of
termination of employment and Executive has actively participated in such plans.

     The foregoing exceptions to the prohibitions against Competitive Activities
shall not release Executive, or waive any rights of the Company with respect to,
any  of  Executive's  other covenants, obligations or duties hereunder including
without  limitation,  the  provisions  of  SECTION  6(A),  6(C)  and  6(D).

     (c)     Antisolicitation.  Executive  agrees  that  during  the  Restricted
             ----------------
Period  (as  hereinafter defined), he will not influence or attempt to influence
patients (including customers with respect to managed care plans) of the Company
or  any  of its present or future direct or indirect subsidiaries or affiliates,
either  directly  or  indirectly,  to  divert  their business to any individual,
partnership,  firm,  corporation  or  other  entity then in competition with the
business  of the Company or any subsidiary or affiliate of the Company; provided
this  prohibition  shall  not  apply  to general advertisements in newspapers or
other  widely  distributed  publications,  media, or mail, whether electronic or
otherwise.

     (d)     Soliciting  Employees.  Executive  agrees  that  during the Term of
             ---------------------
this  Agreement and for a period of twenty-four (24) months thereafter Executive
shall  not  without the written consent of the Company, such consent to be given
only  after  Executive  is  no  longer a shareholder of the Company, directly or
indirectly  contact  or  solicit  to employ or employ any of the then current or
past  employees  of  the  Company  or any subsidiary or affiliate of the Company
unless  such  person  shall  have  ceased  to be employed by the Company (or its
subsidiary  or  affiliate,  as the case may be) and such cessation of employment
shall  have  occurred  at  least twelve (12) months prior thereto; provided this
prohibition  shall  not  apply  to general advertisements in newspapers or other
widely  distributed  publications,  media,  or  mail,  whether  electronic  or
otherwise.

     (e)     The  term  "Restricted  Period" shall mean the period commencing on
the  Effective  Date  and  ending  on  the  second  anniversary  of  the date of
termination  of  Executive's  employment.

     7.     Remedies  for  Breach.  In  addition  to  the  rights  and  remedies
            ---------------------
provided  in SECTION 16, and without waiving the same, if Executive breaches, or
threatens  to breach, any of the provisions of Section 6, the Company shall have
the  following  rights  and  remedies,  in addition to any others, each of which
shall  be  independent  of  the  other  and  severally  enforceable:

     (i)     The  right and remedy to have such provisions specifically enforced
by  any  court  having  equity  jurisdiction together with an accounting for any
benefit  or  gain  by  Executive  in connection with any such breach.  Executive
specifically acknowledges and agrees that any breach or threatened breach of the
provisions  of  SECTION  6 will cause irreparable injury to the Company and that
money  damages  will  not  provide  an  adequate  remedy  to  the  Company,  and
accordingly  the Company shall have the right to injunctive relief in connection
with  any  such

<PAGE>

breach  or  threatened  breach. Any injunction arising from the exercise of such
equity  jurisdiction shall be available without the posting of any bond or other
security.

     (ii)     The  right  and remedy to require Executive to account for and pay
over  to  the Company all compensation, profits, monies, accruals, increments or
other  benefits  (hereinafter  collectively the "Benefits") derived or received,
directly  or  indirectly,  by  Executive  as  a  result  of  any  transactions
constituting  a  breach  of any of the provisions of SECTION 6, Executive hereby
agreeing  to  account  for  and  pay  over  the  Benefits  to  the  Company.

     (iii)     The right to terminate Executive's employment pursuant to SECTION
8(C).

(iv)     Upon  discovery  by  the  Company  of  a breach or threatened breach of
SECTION  6, the right to immediately suspend payments to Executive under Section
4,  pending  a  resolution  of  the  dispute.

     If  any covenant contained in SECTION 6 or any portion thereof is hereafter
construed  to  be  invalid  or  unenforceable,  the  same  shall  not affect the
remainder  of  the covenant or covenants contained therein, which shall be given
full  effect,  without  regard  to  the  invalid  portions, and any court having
jurisdiction  shall  reform  the  covenant  to the extent necessary to cause the
limitations  contained  therein  as  to  time,  geographical  area  and scope of
activity to be restrained to be reasonable and to impose a restraint that is not
greater  than  necessary  to protect the goodwill and other business interest of
the  Company and to enforce the covenant as reformed.  The parties hereto intend
to  and hereby confer jurisdiction to enforce the covenants contained in SECTION
6 upon the courts of any state or other jurisdiction in which any alleged breach
of any such covenant occurs.  If the courts of any of one or more of such states
or  other  jurisdictions  shall  hold  such  covenants not wholly enforceable by
reason  of  the  scope  thereof or otherwise, it is the intention of the parties
hereto  that such determination not bar or in any way affect the Company's right
to  the relief provided above in the courts of any other states or jurisdictions
as  to  breaches  of  such  covenants  in  such  other  respective  states  or
jurisdictions,  the above covenants as they relate to each state or jurisdiction
being,  for  this purpose, severable into diverse and independent covenants.  If
any court determines that such covenants are unenforceable, the Company shall be
relieved  of  all  obligations  under  this Agreement and Executive shall not be
entitled  to  any  payments  which  are  suspended  pursuant  to  SECTION 7(IV).

<PAGE>

8.     Termination  of  Agreement.
       --------------------------

     (a)     Death.  This Agreement shall automatically terminate upon the death
             -----
of  Executive.  During  the Term, if Executive's employment is terminated due to
his  death,  Executive's estate shall be entitled to receive the Base Salary set
forth  in  SECTION  4  accrued  through  the end of the month in which the death
occurs; provided, however, Executive's estate shall not be entitled to any bonus
payments  (except  as  otherwise  provided  in the applicable bonus plan) or any
other  benefits  (except  as  provided  by  law).

     (b)     Disability.  If  Executive  is  unable  to  perform his services by
             ----------
reason  of  mental  or  physical Disability (as herein defined), the Company may
terminate this Agreement at any time. Upon termination of Executive's employment
due  to  Disability,  Executive shall be entitled to receive the Base Salary set
forth in SECTION 4 accrued through the date on which Executive is first eligible
to  receive  payment  of disability benefits under the employee benefit plans as
then  in  effect, and if no such plan is in effect, through the month ending one
hundred  eighty  (180) days after onset of Disability and Executive shall not be
entitled  to  any bonus payments (except as otherwise provided in the applicable
bonus  plan)  or  any  other  benefits  (except  as  provided by law).  The term
"Disability"  shall  mean  an infirmity preventing Executive from performing his
duties  for  a  period  of  more  than  three  (3)  consecutive  months where no
reasonable  accommodation is available or where a reasonable accommodation would
create  an  undue  burden  on  the Company.  Any question as to the existence of
Disability of Executive as to which Executive and the Company cannot agree shall
be  determined  in  writing  by  a  qualified  independent  physician  mutually
acceptable  to  Executive  and the Company.  If Executive and the Company cannot
agree  as  to  a  qualified  independent  physician,  each  shall appoint such a
physician  and  those  two  physicians  shall select a third who shall make such
determination  in  writing.  The  determination of Disability made in writing to
the  Company and Executive shall be final and conclusive for all purposes of the
Agreement.

     (c)     Termination For Cause.  The Company may terminate this Agreement at
             ---------------------
any  time  for  "Cause"  in  accordance  with  the  procedures  provided  below.
Termination  of  this  Agreement for "Cause" shall mean termination upon (i) the
breach of any material provision of this Agreement by Executive, (ii) commission
(not  merely  an  accusation)  of  an  act  punishable  by imprisonment which is
reasonably  likely to have a material adverse effect on the Company or interfere
with  Executive's  duties  hereunder,  (iii)  willful  and  continued failure to
substantially  perform  his duties hereunder (other than as a result of total or
partial  incapacity  due  to  physical  or mental illness), (iv) the engaging by
Executive  in conduct that is injurious to the Company, monetarily or otherwise,
including,  without  limitation,  embezzlement,  fraud,  theft,  dishonesty,
misfeasance,  insubordination, malfeasance, and neglect of duties, (v) violation
of  the Company's ethics policy or any material violation or repeated violations
by  Executive of the other policies and procedures promulgated from time to time
by  the  Company,  (vi)  current  alcohol  or drug abuse by Executive, (vii) the
suspension, revocation or cancellation of Employee's right to practice optometry
in any state or the District of Columbia, (viii) Executive ceases to be the sole
shareholder of the Company, or (ix) the termination of the Professional Business
Management  Agreement  between the Company and EyeMasters, Inc.  In the event of
termination  of Executive's employment for Cause, Executive shall be entitled to
receive  only the Base Salary set forth in SECTION 4 accrued through the date of
termination and he shall not be entitled to any bonus payments or other benefits
(except  as  provided  by  law).

<PAGE>

     (d)     Other  Termination  by the Company.  The Company may terminate this
             ----------------------------------
Agreement  at  any  time  without  "Cause"  by  providing thirty (30) days prior
written  notice  to  Executive.  If the Company terminates this Agreement at any
time without Cause (i.e., other than pursuant to SECTION 8(B) or (8(C) above) or
the  Company  elects  not to renew the Term as provided in SECTION 2 hereof, the
Company  shall be obligated to pay Executive, and Executive shall be entitled to
receive only, the Base Salary set forth in SECTION 4 accrued through the date of
termination and he shall not be entitled to any bonus payments or other benefits
(except as provided by law). Notwithstanding the notice provided by the Company,
the  Company,  in  its  sole  discretion,  may  choose  to immediately terminate
Executive's  employment.  In  that  event,  the  Company's  only  obligation  to
Executive  will  be  to  pay  the Base Salary that Executive would have received
during  the  notice  period.

     (e)     Termination  by  Executive.  Executive may terminate this Agreement
             --------------------------
upon  thirty  (30)  days prior written notice to the Company; provided, however,
Executive  shall  not be entitled to terminate this Agreement so long as he is a
shareholder of the Company.  Termination shall be effective at the expiration of
the  notice  period.  All  obligations of the Company under this Agreement shall
end  on  the effective date of termination and the Company shall have no further
obligations  under  this  Agreement,  including,  but  not limited to payment of
salary,  bonuses  or  any similar compensation or benefits.  Notwithstanding the
notice provided by Executive, the Company, in its sole discretion, may choose to
accept  Executive's  resignation immediately.  In that event, the Company's only
obligation to Executive will be to pay the Base Salary that Executive would have
received  during  the  notice  period.

     9.     Effect  of  Termination.  Upon  the  termination  of this Agreement,
            -----------------------
whether  by  the  expiration  of  the Term specified in SECTION 2 or pursuant to
SECTION 8, the rights of Executive which shall have accrued prior to the date of
such termination shall not be affected in any way.  Executive shall not have any
rights  which  have  not  previously accrued upon termination of this Agreement.

     10.     Fees.  The  Company shall have the exclusive authority to determine
             ----
the amount and nature of all fees and the procedure for establishing the fees to
be  charged  patients of the Company, even though such patients might be treated
solely  by  Executive  in  the  course of Executive's employment by the Company.

     11.     Ownership  of  Fees  and Income.  All income generated by Executive
             -------------------------------
for  Executive's  professional services and all activities related thereto shall
belong  to  the  Company,  whether paid directly to the Company or to Executive.
Executive  may  be required (and agrees upon request of the Company so to do) to
render  a  true  accounting of all transactions relating to Executive's practice
during  the  course  of  his  employment.

12.     Communications.  All  notices  and  other  communications  under  this
        --------------
Agreement  shall  be in writing and shall be deemed to have been duly given when
(a)  delivered  by  hand  (with  written  confirmation  of receipt), (b) sent by
facsimile (with written confirmation of receipt), provided that a copy is mailed
by  registered  mail,  return  receipt  requested,  or  (c) when received by the
addressee,  if  sent  by  a  nationally  recognized  overnight  delivery service
(receipt  requested),  in each case to the respective addresses set forth below,
or  to  such  other addresses as either party may have furnished to the other in
writing  in accordance herewith, except that notice of a change of address shall
be  effective  only  upon  actual receipt; to the Company: 150 Northshore Blvd.,
Suite 2060, Slidell, Louisiana 70460, for the attention of the President; and to
Executive:  150  Northshore  Blvd.,  Suite  2060,  Slidell,  Louisiana  70460.

<PAGE>

     13.     Amendments  or  Additions.  No  amendments  or  additions  to  this
             -------------------------
Agreement  shall  be  binding  or  effective unless in writing and signed by all
parties  hereto.

     14.     Binding  Effect;  Assignability.  This  Agreement  shall be binding
             -------------------------------
upon, and shall inure to the benefit of, Executive; the obligations of Executive
hereunder  are  personal,  and  this Agreement may not be assigned by Executive.
This  Agreement  is  completely  assignable  by the Company without notice to or
consent  of Executive.  This Agreement shall be binding upon, and shall inure to
the  benefit of, the Company and shall also bind and inure to the benefit of any
successor  of  the  Company by merger or consolidation or any assignee of all or
substantially  all  of  its  properties.

     15.     Headings;  References.  The  headings  used  in  this Agreement are
             ---------------------
included  solely  for convenience and shall not affect, or be used in connection
with, the interpretation of this Agreement.  References to a "Section" when used
without  further  attribution  shall  refer  to  the particular sections of this
Agreement.

     16.     Binding  Arbitration.  Subject  to  the rights of any party to seek
             ---------------------
injunctive  relief pursuant to SECTION 7 above and without waiving the same, the
parties  agree  that  all disputes, controversies or claims that may arise among
them  (including their agents and employees), arising out of or relating to this
Agreement,  or the breach, termination or invalidity thereof, shall be submitted
to, and determined by, binding arbitration.  Such arbitration shall be conducted
before  a single arbitrator pursuant to the Commercial Arbitration Rules then in
effect  of the American Arbitration Association, except to the extent such rules
are  inconsistent  with  this  SECTION 16.  Except as otherwise provided in this
Agreement,  the  arbitrator  shall  apply  the  laws  of  the State of Louisiana
(without  regard  to  conflict of law rules) in determining the substance of the
dispute,  controversy  or  claim  and  shall  decide the same in accordance with
applicable  usages  and  terms  of trade.  The fees of the arbitration initially
shall  be  paid  one-half  by  the  Company and one-half by Executive; provided,
however,  that the prevailing party in any such arbitration shall be entitled to
recover  its  reasonable  attorneys'  fees,  costs  and  expenses  incurred  in
connection  with  the arbitration.  Any award pursuant to such arbitration shall
be  final and binding upon the parties, and judgment on the award may be entered
in any federal or state court having jurisdiction.  The obligations set forth in
this  SECTION  16  shall survive the termination of this Agreement.  THE COMPANY
AND  EXECUTIVE  EACH  KNOWINGLY  AND VOLUNTARILY GIVE UP ANY RIGHT TO A TRIAL BY
JURY  IN  CONNECTION  WITH  ANY  DISPUTE,  CLAIM  OR CONTROVERSY WHICH MAY ARISE
BETWEEN  THEM.

     17.     Miscellaneous.  No  provision  of  this  Agreement may be modified,
             -------------
waived  or discharged unless such waiver, modification or discharge is agreed to
in  writing  and  signed  by  Executive  and such officer as may be specifically
designated  by  the  Board.  No waiver by either party hereto at any time of any
breach  by  the  other  party  hereto  of,  or compliance with, any condition or
provision  of this Agreement to be performed by such other party shall be deemed
a waiver of similar or dissimilar provisions or conditions at the same or at any
prior  or subsequent time.  No agreements or representations, oral or otherwise,
express  or implied, with respect to the subject matter hereof have been made by
either party which are not expressly set forth in this Agreement.  The validity,
interpretation, construction and performance of this Agreement shall be governed
by  the  laws  of  the State of Louisiana without regard to its conflicts of law
principles.

<PAGE>

     18.     Surviving Provisions.  The obligations of the Company under SECTION
             --------------------
8,  of  Executive  under  SECTIONS  3(B),  6  and 7, and of both the Company and
Executive  under  SECTION  16  shall  survive the expiration of the Term of this
Agreement.

     19.     Entire  Agreement.  This  Agreement  shall  constitute  the  entire
             -----------------
agreement  between  the  parties, superseding all prior agreements and all other
negotiations,  letters  of  intent,  memoranda  of  understandings,  and
representations (if any) made by and among such parties, and may not be modified
or  amended, and no waiver shall be effective, unless by written document signed
by  both  parties hereto. The Company and Executive have each had an opportunity
to  consult  with  counsel of their choice regarding the terms and conditions of
this  Agreement,  and  each  understands  the  consequences of entering into and
complying  with  the  terms  and  conditions  of  the  Agreement.

     20.     Pronouns.  In this Agreement, the use of any gender shall be deemed
             --------
to  include  all  genders, and the use of the singular shall include the plural,
wherever  it  appears  appropriate  from  the  context.

     21.     Enforcement  Costs.  If  any  legal  action  or  other  proceeding,
             ------------------
including  arbitration,  is  brought  for  the enforcement of this Agreement, or
because  of  an  alleged  dispute,  breach,  default  or  misrepresentation  in
connection  with  any  provisions  of  this  Agreement,  the prevailing party or
parties shall be entitled to recover reasonable attorneys' fees, court costs and
all  expenses  even  if  not  taxable as court costs, incurred in that action or
proceeding,  in  addition to any other relief to which such party or parties may
be  entitled.

     22.     Severability.  The  provisions  of  this  Agreement shall be deemed
             ------------
severable  and  the  invalidity  or  unenforceability of any provision shall not
affect  the  validity  or  enforceability  of  the  other  provisions  hereof.

     23.     Counterparts.  This  Agreement  may  be  executed  in  one  or more
             ------------
counterparts,  each of which shall be deemed to be an original and all of which,
taken  together,  shall  constitute  one  and  the  same  instrument.

     IN  WITNESS  WHEREOF, the parties have executed this Agreement effective as
of  the  day  and  year  first  above  written.

THE  COMPANY
JASON  WONCH,  O.D.  AND  ASSOCIATES,  A  P.C.

                                                 By:____________________________
                                                    Jason Wonch, O.D., President

                                                   EXECUTIVE:

                                                              __________________
                                                               Jason Wonch, O.D.

<PAGE>

                                  EXHIBIT 4.12

                SHAREHOLDERS' UNDERTAKING TO MAINTAIN PRACTICE'S
              ----------------------------------------------------
                  CORPORATE EXISTENCE AND BE BOUND BY COVENANT
               --------------------------------------------------
                                 NOT TO COMPETE
                                ----------------

     As  an  inducement  to the Professional Business Manager to enter into this
Professional  Business  Management Agreement with the Practice or as required in
the  Professional  Business  Management  Agreement,  each  of  the  undersigned
person(s),  having  an  ownership  interest  in  the  Practice,  irrevocably and
unconditionally  covenants and agrees to maintain in good standing the corporate
existence  of  the  Practice  under  the  laws of the state of Louisiana, and to
cause  the  Practice to abide by the restrictive covenants in SECTION 4.7 of the
Professional  Business  Management  Agreement.  The  undersigned persons further
unconditionally  covenant  and agree to indemnify and hold harmless Professional
Business  Manager  from  and  against  any and all claims requirements, demands,
liabilities,  losses,  damages,  costs  and  expenses,  including  reasonable
attorneys'  fees,  resulting  in  any manner from the failure of the Practice to
remain  in  good  standing  under  the  laws  of Louisiana or the failure of the
Practice  to abide by the restrictive covenants described in SECTION 4.7 of such
Professional  Business  Management Agreement, a copy of which has been delivered
to  the  undersigned  for  his  or  her  review,  to the extent then required by
Professional  Business Manager.  The undersigned acknowledges that he or she has
received  adequate consideration for the execution hereof.  This undertaking may
be  assumed  by  a  successor  to  Shareholder  or  Shareholders,  whereupon the
undersigned  shall  be  released to the extent of such assumption, provided that
any  such  successor  Shareholder  executes  a  form  similar  to  this.

     IN  WITNESS  WHEREOF,  the  undersigned(s) have executed this Shareholders'
Undertaking  as  of  the  day and year written opposite such Shareholder's name.

Date:  _________________                     ___________________
                                             Jason  Wonch,  O.D.

<PAGE>

                                   EXHIBIT 5.1

                              BASE MANAGEMENT FEE
                              ---------------------

During  the  initial  18  month  period  of the Professional Business Management
Agreement, the Management Fee shall be equal to $3,100 per month for each Office
location  in operation during such month; provided, however, with respect to any
Office  location open during a portion of such month, the monthly management fee
with  respect  to  such Office location shall be prorated for the portion of the
month  such  Office  was in operation.  On or before the eighteenth (18th) month
anniversary  of  the  date  hereof,  and on or before the end of each subsequent
twelve  (12)  month  period,  the  Management  Fee for the remaining term of the
Professional  Business Management Agreement shall be adjusted as may be mutually
agreed  to  by  the  Parties.  In the event that the Parties are unable to agree
upon the Management Fee (the period during which the Management Fee has not been
mutually  agreed  upon  is  hereinafter referred to as the "Unresolved Period"),
then  the  Management  Fee for the previous eighteen (18) month period or twelve
(12)  month period, as the case may be, shall remain in effect until the parties
are able to mutually agree upon the Management Fee for the Unresolved Period and
the  Business  Manager  may, in its sole discretion, terminate this Professional
Business  Management  Agreement  at  any  time  during such Unresolved Period in
accordance  with  SECTION 6.2 of the Professional Business Management Agreement.
Thereafter,  the Management Fee may be revised only upon the mutual agreement of
both  of  the  parties.

<PAGE>

     EXHIBIT  6.4

                     SHAREHOLDER'S UNDERTAKING TO CARRY OUT
                   ------------------------------------------
                         PRACTICE'S PURCHASE OBLIGATION
                        --------------------------------

     As  an  inducement  to the Professional Business Manager to enter into this
Professional  Business  Management Agreement with the Practice or as required in
the  Professional  Business  Management  Agreement,  each  of  the  undersigned
person(s),  having  an  ownership  interest  in  the  Practice,  irrevocably and
unconditionally covenants and agrees subject to the limitations contained in the
Professional  Business  Management  Agreement to (i) cause the Practice to carry
out  the  purchase  obligation  described  in  SECTION  6.4  of the Professional
Business  Management Agreement, (ii) personally execute and deliver the security
agreements  referred  to  in  SECTION  6.4(D)  of  such  Professional  Business
Management  Agreement, a copy of which has been delivered to the undersigned for
his  or  her  review,  and  (iii) execute the documents described in SECTION 6.5
thereof.  The  undersigned  acknowledges  that  he  or she has received adequate
consideration  for  the  execution  hereof.

     IN  WITNESS  WHEREOF,  the  undersigned(s) have executed this Shareholder's
Undertaking  as  of  the  day and year written opposite such shareholder's name.

Date:  _________________                     ___________________
                                             Jason  Wonch,  O.D.

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