Document:

Personal
      Employment Agreement

     

    Prepared
      and Signed in Netanya on ........... [Date]

    

    
      	
              Between

            	
              :

            	
              SpaceLogic
                Ltd

            

    

    
      	 	 	
              Registration
                number 512600933

            

    

    
      	 	 	
              Registered
                address at Hamelacha Street 43,
                Netanya

            

    

    
      	 	 	
              (“the
                Company”)

            

    

    

    
      	
              And
                between

            	 	
              Michal
                Moses

            

    

    
      	 	 	
              Identity
                number

            

    

    
      	 	 	
              Address

            

    

    
      	 	 	
              (“the
                Employee”)

            

    

    

    
      	
              Since

            	
              :

            	
              The
                Company is engaged in various sectors relating to initiation, planning,
                software development, project implementation and management relating
                to
                store, security, transmission, classification and computerization
                for
                warehouses, distribution centers and
                airports;

            

    

    

    
      	
              And
                since

            	
              :

            	
              The
                Company is a subsidiary of SecureLogic Corp, a public company traded
                in
                the United States and is a related party of SecureLogic Inc., owned
                by
                SecureLogic Corp (together - “the Related
                Companies”);

            

    

    

    
      	
              And
                since

            	
              :

            	
              The
                Company is interested to employ the employee in accordance with the
                conditions of this agreement, and the employee is interested to be
                employed by the Company in accordance with the conditions of this
                agreement;

            

    

    

    
      	
              And
                since

            	
              :

            	
              The
                employee declares that he possesses all qualifications, skills and
                experience required to fulfill the position detailed in this agreement,
                and expressed his agreement to fulfill this position, all in accordance
                with the conditions of this agreement as detailed
                below;

            

    

    

    
      
         

      

      
         

        
          

        

      

      
         

      

       

    

    
      	
              And
                since

            	
              :

            	
              The
                employee declares that no legal or contractual basis exists to prevent
                his
                employment in the position by the
                Company;

            

    

    

    Accordingly
      it is conditioned and agreed between the parties as follows:

    

    Preface

    

    The
      preface to this agreement constitutes an integral part thereof. The titles
      of
      the sections are intended for convenience purposes only and not for purposes
      of
      interpretation of the agreement. A letter stating the employment conditions
      is
      appended to this agreement and constitutes an integral part
      thereof.

    

    Position
      Requiring Reliability; Special Agreement

    

    The
      parties agree and recognize that the employee’s position in the Company is among
      the positions requiring a special level of personal reliability, as defined
      in
      the Hours of Work and Rest Law, 1951, and therefore the employee will not be
      subject to the provisions of the said Law.

    

    This
      agreement is personal and special, arranging the relationships between the
      Company and between the employee and determining, definitively, the conditions
      of the employee’s employment by the Company; accordingly, any relevant
      legislation that the parties may deem applicable, and any general labor
      agreements and/or special agreements, including appendices thereto, other
      agreements that may be consummated from time to tie between the employers and
      the General Labor Federation or the New Employees’ Labor Federation, and
      agreements between the Company and between any of its employees, will not be
      applicable for the employee and for the conditions of his employment by the
      Company. 

    

    The
      employee declares that his personal details are as stated in the personal
      information questionnaire appended to this agreement, and commits to inform
      the
      Company of any changes in the said information.

    

    
      
         

      

      
         

        
          

        

      

      
         

      

       

    

    The
      Company declares and confirms that he has no criminal record and that he is
      prepared to undergo a security investigation at any time as may be required,
      in
      favor of a specific project and customer.

    

    Responsibilities
      and Authority

    

    The
      Company commits to employee the employee in accordance with the conditions
      of
      this agreement and the employee imposes on himself to work in and for the
      Company, in a full time position, in the position of CFO of the Company and
      the
      Related Companies (“the Position”) and to act in accordance with the
      instructions of the Company’s CEO, the direct superior, and in accordance with
      the conditions of this agreement.

    

    The
      employee commits to fulfill the Position equitably, with devotion and
      reliability, and to invest his best time, efforts and skills in his work,
      subject to the policy of the Company and the Related Companies, as known from
      time to time, and to instructions and guidelines issued or that will be issued
      from time to time by the Company’s CEO, and to invest for this purpose his best
      skills and efforts, efficiently, effectively and in accordance with the
      requirements of this agreement and to work at least in the scope of the above
      mentioned position, in accordance with holidays and days of rest as effective
      in
      the Company.

    

    Without
      detracting from the general nature of paragraph 3.2 above, the employee commits
      to invest his best efforts in favor of the business development of the Company
      and the Related Companies, their expansion, increased profitability, efficiency
      and improvement of productivity, all in order to promote the interests of the
      Company and the related companies in this regard, subject to conditions and
      instructions detailed in this agreement.

    

    The
      employee declares that he is aware that his position in the Company requires
      a
      special level of personal reliability, and commits that in the period of his
      work in the Company he will act toward the Company equitably, with devotion,
      skill and reliability, and will invest every effort to promote the Company’s
      business and matters.

    

    
      
         

      

      
         

        
          

        

      

      
         

      

       

    

    The
      Company and the employee declare that they are aware that the conditions of
      this
      agreement are personal and commit to maintain their confidentiality during
      the
      period of this agreement and thereafter.

    

    The
      employee commits to refrain from declaring, guaranteeing or committing in the
      name of the Company in any declaration, guarantee or commitment and to refrain
      from levying on the Company any charge, unless authorized to do so in the
      framework of a decision of the Company’s board of directors regarding signature
      rights in the Company’s name.

    

    The
      employee commits to transmit to the Company, at the Company’s request, all
      information and/or data of which he is aware and regarding which the employee
      is
      not required to maintain confidentiality, which may promote or advance the
      Company’s business.

    

    During
      the entire period of his employment by the Company, the employee commits to
      refrain from fulfilling any work or position that is not in the framework of
      his
      employment by the Company.

    

    The
      employee will not be entitled to receive, in connection with implementation
      of
      his responsibilities, any consideration or benefit (except the consideration
      that he will receive from the Company in accordance with this agreement), from
      any entity or source, including from customers or suppliers of the Company.
      It
      is hereby agreed that any such amount or benefit received by the employee will
      belong to the Company, which will be entitled, without impairing and/or
      detracting from any other entitlement or right accruing to the Company in
      accordance with any relevant legislation, to deduct this amount and/or the
      value
      of the benefit received by the employee, from any amount payable, if payable,
      to
      the employee by the Company.

    

    Without
      detracting from the general nature of the above, the employee commits to inform
      the Company regarding any matter or subject in which he possesses a personal
      interest and that may result in conflict of interest in connection with his
      position in the Company or in entities under his control or related to
      him.

    

    
      
         

      

      
         

        
          

        

      

      
         

      

       

    

    Salary

    

    The
      employee will receive payment as follows:

    

    Basic
      salary NIS 12,750.

    

    Global
      overtime hours reflecting, in the parties’ estimate, the average overtime hours
      worked by the employee in the amount of NIS 2,250.

    

    The
      basic
      salary and global overtime hours total NIS 15,000 and constitute together the
      employee’s gross monthly salary, for a 50% position. In the event that the
      parties will agree on a change to a full time (100%) position, the parties
      agree
      that the basic salary and global overtime hours for a full time position will
      total NIS 25,000.

    

    The
      parties agree that in the event that the actual hours of work invested by the
      employee exceed 75% per month during three consecutive months, the salary level
      will be amended proportionately.

    

    The
      employee agrees that the remuneration for the global overtime hours comprises
      his entitlement to receive remuneration for overtime hours and for weekly hours
      of rest, and that should any claim be submitted at any time for additional
      payment, for the period of his work or part thereof, the employee will be
      required to repay all remuneration for global overtime hours received during
      the
      entire period of his work.

    

    The
      Company will pay to the employee his monthly salary until the 9th of each
      month.

    

    The
      salary will be updated in accordance with the cost of living agreement in the
      economy. 

    

    The
      Company will provide to the employee a Group 2 vehicle from the Company’s
      existing fleet of vehicles and/or from leasing and/or from rental, as determined
      by the Company from time to time, subject to payment of tax on the value of
      utilization of the vehicle in accordance with the Income Tax
      Regulations.

    

    
      
         

      

      
         

        
          

        

      

      
         

      

       

    

    The
      employee will not be entitled to record a lien/subordinate charge on the
      vehicle.

    

    The
      employee will be responsible for any payment that may be levied in connection
      with any transgression or event attributed to the vehicle in the period in
      which
      he possesses and/or utilizes the vehicle.

    

    The
      employee will be entitled to meals at lunchtime as accepted practice in the
      Company from time to time, subject to payment of the tax on the value of the
      meals in accordance with the Income Tax Regulations.

    

    Annual
      Vacation

    

    The
      employee will be entitled to ten (10) days of vacation per year (for a 50%
      position).

    

    For
      work
      during part of a year, the employee will be entitled to vacation days
      proportionately to the period of his work in that year.

    

    The
      employee will be entitled to accumulate vacation days or to redeem them for
      payment in accordance with the provisions of relevant legislation.

    

    The
      employee will coordinate the dates of his vacation with the Company in order
      to
      prevent any impairment of the Company’s business.

    

    Recreation

    

    The
      employee will be entitled to payment of annual recreation days in accordance
      with recreation payment agreements in the private sector.

    

    
      
         

      

      
         

        
          

        

      

      
         

      

       

    

    Recreation
      payments will be imp[lamented annually in the employee’s December
      salary.

    

    Sick
      Leave

    

    The
      employee will be entitled to sick leave in accordance with provisions of
      relevant legislation. Any amount received by the employee as national insurance
      will be deducted from sick leave payment.

    

    Managers’
      Insurance, Provident Funds, Pension Funds and Severance Pay

    

    As
      from
      the first month of the employee’s work in the Company, the Company will deposit
      payments with an insurance company in the framework of a managers’ insurance
      policy in an amount equivalent to up to 14.83% of the employee’s salary
      (composed of 5% pension, 8.33% on account of severance pay and 1.5% for loss
      of
      ability to work).

    

    The
      Company will deduct and deposit with the above mentioned insurance company,
      in
      the framework of the above mentioned managers’ insurance policy, an additional
      5% from the employee’s salary and the employee, by his signature on this
      agreement, hereby agrees that the Company will deduct such amount.

    

    The
      above
      mentioned provisions will be in accordance with the above mentioned rates but,
      in any case, will not exceed the maximum amounts as stated in the Income Tax
      Regulations or any other relevant legislation in this regard.

    

    All
      provisions for the managers’ insurance policy as from the date of commencement
      of the employee’s work in the Company will be the property of the Company and
      the Company will transmit to the employee the ownership thereof upon cessation
      of the employee’s work in the Company. Notwithstanding the above, in the event
      of the employee’s resignation from his position in the Company or in the event
      that the Company terminates the employee’s work in circumstances detailed in
      paragraph 14.3 below, the employee will not be entitled to receive the amounts
      accrued in the said managers’ insurance policy on account of severance pay
      (including profits accrued thereon). Also, in the event that the employee
      resigns in the framework of advance announcement shorter than the announcement
      that the employee committed to transmit in accordance with relevant legislation
      or applicable general labor agreement, or in the event of termination of the
      employee’s work in the Company in circumstances of paragraph 14.3 as stated
      below, the employee will be entitled to receive only the part deposited on
      his
      account in the managers’ insurance policy, and the part deposited on the
      Company’s account for pension and severance pay, as stated, will be reimbursed
      to the Company in full, including profits accrued thereon.

    

    
      
         

      

      
         

        
          

        

      

      
         

      

       

    

    It
      is
      hereby clarified that subject to transfer of the managers’ insurance policy
      detailed in paragraph 8.1 above to the employee, the amount deposited by the
      Company for the said insurance in respect of severance pay, including profits
      accrued thereon, will be deducted from the amount of the severance pay payable
      to the employee, if the employee is entitled thereto in accordance with relevant
      legislation or in accordance with this agreement.

    

    Continuing
      Education Fund

    

    As
      from
      the first month of the employee’s work in the Company, the Company will deposit
      payments in favor of the employee with a continuing education fund in an amount
      equivalent to up to 7.5% of the employee’s monthly salary; concurrently, the
      employee will deposit from his salary 2.5% to the same continuing education
      fund. The employee, by his signature on this agreement, hereby agrees that
      the
      Company will deduct such amount. The said amounts will not exceed the maximum
      amounts as stated in the Income Tax Regulations or any other relevant
      legislation in this regard.

    

    Beneficiaries’
      Rights

    

    The
      employee declares that he is aware that his beneficiaries, in the event of
      his
      death (G_d forbid) will not possess any rights toward the Company, as an
      employee of the Company, except their right to receive the balance of the
      monthly salary that was accruing to the employee, remuneration for vacation
      days
      and amounts accrued in the managers’ insurance policy (pension and severance
      pay) and in the continuing education fund.

    

    
      
         

      

      
         

        
          

        

      

      
         

      

       

    

    Maintenance
      of Confidentiality

    

    The
      employee hereby commits to maintain confidentiality and to refrain from
      disclosing, presenting or transmitting, during the period of his employment
      in
      the Company or thereafter, to any individual or entity, trade, professional
      or
      other secrets of the Company, or any information and/or data not available
      to
      the public relating to the Company or connected with the Company, its property,
      business and matters, of any type or kind. The Company hereby confirms that
      the
      secrets and/or information and/or data, as stated, constitute the Company’s sole
      property and that he does not have and will not have any claims, of any type
      of
      kind, relating thereto or connected therewith.

    

    The
      employee hereby commits to refrain from utilization, in any manner, of secrets
      and/or information and/or data as stated in paragraph 11.1 above, except -
      and
      only to the extent required - for purposes of implementation of his
      responsibilities in the Company.

    

    The
      employee hereby declares and confirms that he is aware that the Company
      committed and will commit toward its customers and other third parties to
      maintain, through all legal means, their secrets including regarding
      technologies, models, patents and IP rights, of any type or kind, and that
      breach of this commitment may incur for the Company and for such third parties
      material impairment and damage.

    

    The
      employee hereby commits to honor these commitments of the Company and to
      implement every effort for their fulfillment and to ensure that other employees
      subordinate to the employee, if such exist, will also honor these
      commitments.

    

    It
      is
      hereby agreed that the employee’s commitments in accordance with this item will
      be applicable toward the Company and toward any individual and/or entity related
      thereto, in the period of the employee’s work in the Company and thereafter,
      without time limit.

    

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    

    Non-Competition

    

    During
      a
      period of 18 months form the date of cessation of the employee’s employment by
      the Company, for any reason, the employee will not be entitled to engage, as
      a
      salaried employee, self-employed individual, partner or consultant in another
      company in competition with the Company, directly or indirectly.

    

    Company’s
      IP

    

    All
      finished products (assembled or non-assembled), parts, materials, tools,
      components, etc, and all written and/or printed and/or typed material including
      documents, booklets, work papers, instructions, computer pages, reports,
      analyses, summaries, lists, forms, etc, of any type or kind, which will be
      utilized by the employee for purposes of his work in and/or for the Company
      and/or that will be transmitted to him in the framework of his work and/or
      in
      connection with his work and/or in any other manner or means (“Protected
      Document”) will be deemed the property of the Company.

    

    The
      employee will not be entitled to utilize, transmit and/or transfer to any third
      party, in any manner or means, any Protected Document or rights to a Protected
      Document, except - and only to the extent required - for purposes of
      implementation of his responsibilities in the Company.

    

    The
      comprehensive rights including copyrights and/or patents and/or any other kind
      of IP rights relating and/or deriving and/or regarding, directly or indirectly,
      any innovation, development, discovery or patent in respect of the Company’s
      sectors of activity (“Innovation”) will be wholly and solely owned by the
      Company, including any Innovation: developed through utilization, in whole
      or in
      part, of equipment, materials, tools, instruments, trade secrets or any other
      means of the Company, which the employee will discover and/or to which the
      employee will be a party and/or to which the employee will be connected in
      any
      other manner, in the framework of, in the course of, as a constituent of or
      as a
      result of the period of his employment in the Company, relating to the Company’s
      activity, including any research and development in and/or in respect of and/or
      for the Company.

    

    
      
         

      

      
         

        
          

        

      

      
         

      

       

    

    The
      employee hereby waives in favor of the Company, in an irrevocable commitment,
      all rights, of any type or kind, regarding such Innovation, including ownership
      rights to the Innovation, any and all conceptual rights in connection with
      such
      Innovation, and any and all rights deriving from such rights.

    

    The
      Company will be entitled to protect such Innovation through registration or
      through any other means in Israel and in any other location and the employee
      commits to provide his services in this regard insofar as required for this
      purpose, including by providing information, data and signature on documents.
      The employee will not be entitled to register such Innovation or to implement
      any action toward such Innovation except as required for purposes of
      registration or utilization of such Innovation in the name of, or by, the
      Company.

    

    The
      provisions of this paragraph will be applicable in the period of this agreement
      and thereafter, without time limit.

    

    Period
      of Agreement

    

    This
      agreement will be in effect until its cancellation by one of the parties as
      detailed below. The date of commencement of work will be deemed ...............
[date].

    

    The
      Company and the employee will be entitled to terminate this agreement for any
      reason by advance announcement of 75 days. Additionally, the Company will be
      entitled to terminate the employee’s employment in the Company, without advance
      announcement, in any of the following circumstances: 

    

    The
      employee was accused of a shameful criminal transgression;

    

    The
      employee breached a commitment of reliability and/or did not act honorably
      and/or equitably in his relationships with the Company and/or in his actions
      for
      the Company and/or acted in a manner impairing the Company’s name;

    

    
      
         

      

      
         

        
          

        

      

      
         

      

       

    

    The
      employee acted in a manner intended to derive personal gain not in accordance
      with the law in the framework of his work in the Company;

    

    The
      employee breached the provisions of paragraphs 3, 11, 12 or 13 of the
      agreement.

    

    In
      the
      period of the advance announcement regarding dismissal or resignation, as
      relevant, the employee commits to implement all required activity in accordance
      with the Company’s instructions for purpose of smooth transfer of his position
      to his substitute or replacement.

    

    In
      the
      period of the advance announcement regarding dismissal or resignation, as
      relevant, the employee will be entitled to payment of salary and all related
      conditions as detailed above, whether the Company instructed him to continue
      to
      fulfill his responsibilities or whether the Company instructed him to cease
      fulfillment of his responsibilities.

    

    In
      the
      event that the employee ceases to be an employee of the Company for any reason,
      the employee will return to the Company, to the location instructed by the
      Company, immediately and without delay, all material that was in his possession
      as of the said date including - but not limited to - any Protected Document
      and
      receipts, invoices, orders, checks, vouchers, etc, whether complete or not
      yet
      recorded, whether bound in ledgers or otherwise, whether issued by the Company
      or issued by others to the Company and all other property belonging to the
      Company.

    

    Taxes

    

    The
      Company will deduct from the employee’s salary all taxes and required payments
      in accordance with all relevant legislation and in accordance with the
      provisions of this agreement.

    

    
      
         

      

      
         

        
          

        

      

      
         

      

       

    

    General

    

    No
      party
      to this agreement will be deemed to waive any right in accordance with this
      agreement as a result of non-timely enforcement. Waiver or delay, in a specific
      circumstance, will not be deemed waiver or delay for other circumstances,
      whether regarding the same matter or regarding another matter.

    

    Any
      change, addition, disposal, waiver or assumption in accordance with this
      agreement will not be effective except in writing and signed by the
      parties.

    

    This
      agreement replaces any presentation, commitment for arrangement, summary,
      agreement, letter of intent or previous agreement between the parties - if
      such
      existed - in connection with employment of the employee by the Company, and
      are
      cancelled.

    

    The
      address of the parties for purposes of this agreement is as stated in the
      Preface thereto. 

    

    Any
      announcement transmitted to the parties will be deemed an announcement received
      as of the following dates:

    

    Transmitted
      by courier - As of the date of the transmission;

    

    Transmitted
      by fax - As of the date of the transmission, subject to issuance of confirmation
      regarding receipt of the fax;

    

    Transmitted
      by registered mail - Within 72 hours from the date sent. 

    

    Signed
      and Witness by the Parties,

    

    
      	 	 	 	 	 
	 	
              Company

            	 	
              EmployeeUnassociated Document

    Exhibit
      10.34

    

    RESTRICTED
      STOCK AGREEMENT

    

    granted
      pursuant to the

    

    PHOTOMEDEX,
      INC. 2005 EQUITY COMPENSATION PLAN

    

    

    THIS
      RESTRICTED STOCK AGREEMENT (the “Restricted
      Stock Agreement”)
      is
      made and entered into as of May 1, 2007 by and between PhotoMedex, Inc., a
      Delaware corporation (the “
      Company”)
      and
      the following individual:

    

    Name:
       Jeffrey F. O’Donnell (the “Purchaser”)
         

    Address 126
      Rossmore Drive, Malvern, PA 19355

    

    Capitalized
      terms used but not otherwise defined herein shall have the meanings set forth
      in
      the PhotoMedex, Inc. 2005 Equity Compensation Plan (the “
      Plan”).
      The
      Purchaser agrees to be bound by the terms and conditions of the Plan, which
      are
      incorporated herein by reference and which control in case of any conflict
      with
      this Restricted Stock Agreement, except as otherwise specifically provided
      in
      the Plan.

    

    SECTION
      1  ACQUISITION
      OF SHARES.

     

    (a)    Issuance.
      On the
      terms and conditions set forth in this restricted stock agreement, the company
      agrees to issue One Hundred Five Thousand (105,000) shares to the purchaser.
      The
      issuance shall occur at the offices of the company on the date set forth above
      or at such other place and time (but not in a calendar year other than the
      current calendar year) as the parties may agree.

     

    (b)    Consideration.
      The Purchaser agrees to pay to the Company the sum of $.01 (the “Per Share
      Purchase Price”) for each of such Shares, representing the par value thereof.
      Payment shall be made on the issuance date by delivery to the Company of the
      Purchaser's check in the amount of the aggregate purchase price.

     

    (c)    Defined
      Terms. Certain capitalized terms are defined in Sections 2 and 3
      of this Restricted Stock Agreement. 

     

    SECTION
      2  RIGHT
      OF REPURCHASE.

     

    (a)     Scope
      of Repurchase Right.
      Until
      they vest in accordance with Section (b) below, the Purchased Shares shall
      be Restricted Shares and shall be subject to the Right of Repurchase. The
      Company (or, if there is a Change in Control Event, the New Employer) may
      exercise its Right of Repurchase only during the Repurchase Period following
      the
      termination of the Purchaser's Service. The Right of Repurchase may be exercised
      automatically under Section 2(d) below. If the Right of Repurchase is exercised
      prior to a Change in Control Event, the Company shall pay the Purchaser an
      amount equal to the Per Share Purchase Price (
      i.e.
      , $.01
      per Share) (as adjusted for stock splits, stock dividends and similar corporate
      transactions) for each of the Restricted Shares being repurchased. If the Right
      of Repurchase is exercised subsequent to a Change in Control Event, the New
      Employer shall pay the Purchaser an amount, for all of the CIC Restricted Shares
      which are repurchased, equal to the total amount paid by the Purchaser for
      the
      Purchased Shares multiplied by a fraction, the numerator of which is the number
      of CIC Restricted Shares being repurchased and the denominator of which is
      the
      number of CIC Whole Shares (as defined in Section 2(b)(iv).

     

    
      
        
        

      

      
        1

        
          

        

      

      
        
        

      

    

     

    (b)    Lapse
      of Repurchase Right.

     

    (i)    For
      purposes of this Restricted Stock Agreement, the term “2012 Unvested Shares”
shall mean Purchased Shares which are Restricted Shares as of May 1,
      2012.

     

    (ii)    Except
      as otherwise provided in Section 2(b)(iv), the Right of Repurchase shall lapse
      on May 1, 2012 with respect to 33-1/3% of the 2012 Unvested Shares if the
      Purchaser continues to provide Service from the date hereof through May 1,
      2012,
      the Right of Repurchase shall lapse on May 1, 2013 with respect to an additional
      33-1/3% of the 2012 Unvested Shares if the Purchaser continues to provide
      Service from the date hereof through May 1, 2013, and the Right of Repurchase
      shall lapse on May 1, 2014 with respect to 100% of the 2012 Unvested Shares
      if
      the Purchaser continues to provide Service from the date hereof through May
      1,
      2014.

     

    (iii)    The
      Right of Repurchase shall also lapse in accordance with the following
      provisions:

     

    (A)    For
      purposes of this Section 2(b)(iii), the following terms shall have the following
      meanings:

     

    (1)    “Trading
      Day” shall mean a day on which securities are traded on the New York Stock
      Exchange.

     

    (2)    “2007
      Average Price” shall mean the greater of (i) $1.22, i.e., the Closing Price of
      the Company’s common stock as of May 1, 2007, and (ii) the average Fair Market
      Value (as defined in the Plan) of the Company's Common Stock for each of the
      Trading Days (each such Trading Day to be a day of determination for purposes
      of
      the definition of Fair Market Value under the Plan) in the 90 day period ending
      on May 1, 2007, the date of the meeting of the Company's Board of Directors
      at
      which this Agreement was approved by the members of that Board, which Fair
      Market Value is $1.23.

     

    (3)    “2008
      Average Price” shall mean the average Fair Market Value of the Company's Common
      Stock for each of the Trading Days (each such Trading Day to be a day of
      determination for purposes of the definition of Fair Market Value under the
      Plan) in the period from February 1, 2008 through April 30, 2008.

     

    (4)    “2009
      Average Price” shall mean the average Fair Market Value of the Company's Common
      Stock for each of the Trading Days (each such Trading Day to be a day of
      determination for purposes of the definition of Fair Market Value under the
      Plan) in the period from February 1, 2009 through April 30, 2009.

     

    (5)    “2010
      Average Price” shall mean the average Fair Market Value of the Company's Common
      Stock for each of the Trading Days (each such Trading Day to be a day of
      determination for purposes of the definition of Fair Market Value under the
      Plan) in the period from February 1, 2010 through April 30, 2010.

     

    (6)    “2011
      Average Price” shall mean the average Fair Market Value of the Company's Common
      Stock for each of the Trading Days (each such Trading Day to be a day of
      determination for purposes of the definition of Fair Market Value under the
      Plan) in the period from February 1, 2011 through April 30, 2011.

     

    (7)    “2012
      Average Price” shall mean the average Fair Market Value of the Company's Common
      Stock for each of the Trading Days (each such Trading Day to be a day of
      determination for purposes of the definition of Fair Market Value under the
      Plan) in the period from February 1, 2012 through April 30, 2012.

     

    
      
        
        

      

      
        2

        
          

        

      

      
        
        

      

    

     

    (B)    The
      Right of Repurchase shall lapse on May 1, 2008 with respect to 20% of the
      Purchased Shares if the Purchaser is providing Service on such date and if
      the 2008 Average Price equals or exceeds the 2008 Target Price. For purposes
      of
      this Restricted Stock Agreement, the term “2008 Target Price” shall equal 125%
      of the 2007 Average Price (viz., $1.54).

     

    (C)    The
      Right of Repurchase shall lapse on May 1, 2009 with respect to 20% of the
      Purchased Shares if the Purchaser is providing Service on such date and if
      the
      2009 Average Price equals or exceeds the 2009 Target Price. For purposes of
      this
      Restricted Stock Agreement, the term “2009 Target Price” shall equal 125% of the
      2008 Target Price (viz., $1.92).

     

    (D)    The
      Right of Repurchase shall lapse on May 1, 2010 with respect to 20% of the
      Purchased Shares if the Purchaser is providing Service on such date and if
      the
      2010 Average Price equals or exceeds the 2010 Target Price. For purposes of
      this
      Restricted Stock Agreement, the term “2010 Target Price” shall equal 125% of the
      2009 Target Price (viz., $2.40).

     

    (E)    The
      Right of Repurchase shall lapse on May 1, 2011 with respect to 20% of the
      Purchased Shares if the Purchaser is providing Service on such date and if
      the
      2011 Average Price equals or exceeds the 2011 Target Price. For purposes of
      this
      Restricted Stock Agreement, the term “2011 Target Price” shall equal 125% of the
      2010 Target Price (viz., $3.00).

     

    (F)    The
      Right of Repurchase shall lapse on May 1, 2012 with respect to all of the
      Purchased Shares for which such Right has not previously lapsed if the Purchaser
      is providing Service on such date and if the 2012 Average Price equals or
      exceeds the 2012 Target Price. For purposes of this Restricted Stock Agreement,
      the term “2012 Target Price” shall equal 125% of the 2011 Target Price (viz.,
      $3.75).

    

    (iv) Notwithstanding
      any provision herein to the contrary, if a Change in Control Event (as defined
      in the Plan) occurs before the Purchaser's Service terminates and the Purchased
      Shares are converted entirely into securities of a successor corporation (the
      “New Employer Shares”), the Right of Repurchase shall lapse with respect to the
      New Employer Shares as follows:

     

    (I) For
      purposes of this Agreement, the following terms shall have the following
      meanings with respect to a Change in Control Event:

    

    (A) The
      term “CIC Share Consideration” shall mean, with respect to such Change in
      Control Event, the number of New Employer Shares into which one Purchased Share
      is converted pursuant to the terms of the definitive agreement or agreements
      evidencing such Change in Control Event (collectively, the “CIC
      Agreement”).

    

    (B) The
      term “CIC Share Consideration Value” shall mean the fair market value of the CIC
      Share Consideration as determined by the Administrator, such CIC Share
      Consideration Value to be determined by multiplying the CIC Share Consideration
      by the average of the per share closing sales prices (or, if closing sales
      prices are not available, closing bid prices, or, if not available, the mean
      between the high bid and low asked prices or if not available, as determined
      by
      the Administrator in good faith) of the New Employer Shares during the last
      five
      Trading Days immediately preceding the signing of the CIC
      Agreement.

    

    (C) The
      term “CIC Restricted Shares” shall mean New Employer Shares issued upon
      conversion of the Purchaser's Restricted Shares pursuant to the CIC
      Agreement.

    

    (D)
       The term “CIC Unrestricted Shares” shall mean New Employer Shares issued
      upon conversion of the Purchaser's Unrestricted Purchased Shares pursuant to
      the
      CIC Agreement.

     

    
      
        
        

      

      
        3

        
          

        

      

      
        
        

      

    

     

    (E)
      The
      term “CIC Whole Shares” shall mean the number of New Employer Shares which would
      be issued pursuant to the CIC Agreement if all of the Purchased Shares were
      converted into New Employer Shares.

     

    (F) The
      term “Third Anniversary Date” shall mean the date which is three years after the
      date on which such Change in Control Event is consummated.

    

    (G) “Unrestricted
      Purchased Shares” shall mean Purchased Shares which are not Restricted Shares
      immediately prior to the effective time of such Change in Control
      Event.

    

    (H) “Unvested
      CIC Shares” shall mean those New Employer Shares, if any, which remain subject
      to the Right of Repurchase after the operation of Section 2(b)(iv)(II) through
      Sections 2(b)(iv)(VIII), inclusive.

    

    (II) 
      The Right of Repurchase shall lapse upon consummation of such Change in Control
      Event with respect to all of the CIC Unrestricted Shares.

    

    (III) If
      the CIC Consideration Value is equal to or greater than the 2012 Target Price,
      then the Right of Repurchase shall lapse upon consummation of such Change in
      Control Event with respect to all of the CIC Restricted Shares.

    

    (IV) If
      the CIC Consideration Value is equal to or greater than the 2011 Target Price
      but less than the 2012 Target Price, then the Right of Repurchase shall lapse
      with respect to a number of CIC Restricted Shares (which shall not be less
      than
      zero) equal to (x) 80% of the CIC Whole Shares minus (y) the number of CIC
      Unrestricted Shares.

    

    (V) If
      the CIC Consideration Value is equal to or greater than the 2010 Target Price
      but less than the 2011 Target Price, then the Right of Repurchase shall lapse
      with respect to a number of Purchased Shares (which shall not be less than
      zero)
      equal to (x) 60% of the CIC Whole Shares minus (y) the number of CIC
      Unrestricted Shares.

     

    (VI) If
      the CIC Consideration Value is equal to or greater than the 2009 Target Price
      but less than the 2010 Target Price, then the Right of Repurchase shall lapse
      with respect to a number of Purchased Shares (which shall not be less than
      zero)
      equal to (x) 40% of the CIC Whole Shares minus (y) the number of CIC
      Unrestricted Shares.

     

    (VII) If
      the CIC Consideration Value is equal to or greater than the 2008 Target Price
      but less than the 2009 Target Price, then the Right of Repurchase shall lapse
      with respect to a number of Purchased Shares (which shall not be less than
      zero)
      equal to (x) 20% of the of the CIC Whole Shares minus (y) the number of CIC
      Unrestricted Shares.

    

    (VIII)
      If
      (a) the CIC Consideration Value is less than the 2012 Target Price, (b)
      immediately prior to the effective time of such Change in Control Event, one
      or
      more of the Purchased Shares are Restricted Shares and (c) the entity that
      controls the Company upon consummation of such Change in Control Event (the
“New
      Employer”) does not offer to employ the Purchaser (i) at a base salary that is
      at least equal to the base salary earned by the Purchaser immediately prior
      to
      such effective time and (ii) in a position that is executive in nature (as
      determined by the Administrator prior to such effective time), then the Right
      of
      Repurchase shall lapse with respect to all of the CIC Restricted Shares as
      of
      such effective time.

    

    (IX)
      If
      (a) the CIC Consideration Value is less than the 2012 Target Price, (b)
      immediately prior to the effective time of such Change in Control Event, one
      or
      more of the Purchased Shares are Restricted Shares, (c) the New Employer offers
      to employ the Purchaser (i) at a base salary that is at least equal to the
      base
      salary earned by the Purchaser immediately prior to such effective time and
      (ii)
      in a position that is executive in nature (as determined by the Administrator
      prior to such effective
      time) and (d) the Purchaser accepts such employment, then the following
      provisions shall apply: with respect to the CIC Unvested
      Shares:

     

    
      
        
        

      

      
        4

        
          

        

      

      
        
        

      

    

     

    (A)
      the
      Right of Repurchase shall lapse with respect to all of the CIC Unvested Shares
      if, subsequent to such effective time and prior to the Third Anniversary Date,
      (i) the New Employer terminates the Purchaser's employment with the New Employer
      and its affiliates without Cause or (ii) the Purchaser terminates such
      employment because the New Employer has either (x) reduced the Purchaser's
      base
      salary to a rate that is below the base salary earned by the Purchaser
      immediately prior to such effective time or (y) assigned the Purchaser to a
      position that is not executive in nature (as determined in good faith by the
      board of directors of the New Employer); and

    

    (B)
      the
      Right of Repurchase shall lapse with respect to one thirty-sixth
      (1/36th)
      of the
      CIC Unvested Shares on the last day of each of the thirty-six succeeding
      calendar months following the calendar month in which such Change in Control
      Event occurs if, on the last day of such succeeding calendar month, the
      Purchaser continues to provide service to the New Employer or one of its
      affiliates (“Post CIC Service”).

    

    (v)
      Notwithstanding any provision herein to the contrary, if a Change in Control
      Event (as defined in the Plan) occurs before the Purchaser's Service terminates
      and the Purchased Shares are converted, in whole or in part, into consideration
      other than securities of the New Employer, then arrangements shall be made,
      prior to the consummation of such Change in Control Event, by the Administrator
      and the New Employer to place the Purchaser in substantially the same position
      that the Purchaser would have occupied had the consideration been solely
      securities of the New Employer.

     

    (c)    Escrow.
      Upon
      issuance, the certificate(s) for Purchased Shares shall be deposited in escrow
      with the Company to be held in accordance with the provisions of this Restricted
      Stock Agreement. Any additional or exchanged securities or other property
      described in Section 2(f) below shall be delivered to the Company to be held
      in
      escrow. All ordinary cash dividends on Purchased Shares (or on other securities
      held in escrow) shall be paid directly to the Purchaser and shall not be held
      in
      escrow. Purchased Shares, together with any other assets held in escrow under
      this Restricted Stock Agreement, shall be (i) surrendered to the Company
      for repurchase upon exercise of the Right of Repurchase or (ii) released to
      the Purchaser upon his or her request to the extent that the Purchased Shares
      have ceased to be Restricted Shares (but not more frequently than once every
      six
      months). In any event, all Purchased Shares that have ceased to be Restricted
      Shares, together with any other vested assets held in escrow under this
      Restricted Stock Agreement, shall be released within 90 days after the
      termination of the Purchaser's Service.

     

    (d)    Exercise
      of Repurchase Right.
      The
      Company shall be deemed to have exercised its Right of Repurchase automatically
      for all Restricted Shares as of the commencement of the Repurchase Period,
      unless the Company during the Repurchase Period notifies the holder of the
      Restricted Shares pursuant to Section 9 that it will not exercise its Right
      of Repurchase for some or all of the Restricted Shares. During the Repurchase
      Period, the Company shall pay to the holder of the Restricted Shares the
      purchase price determined under Section 2(a) above for the Restricted Shares
      being repurchased (
      i.e.
      , $.01
      per Share, as adjusted for stock splits, stock dividends and similar corporate
      transactions). Payment shall be made in cash or cash equivalents and/or by
      canceling indebtedness to the Company incurred by the Purchaser. The
      certificate(s) representing the Restricted Shares being repurchased shall be
      delivered to the Company (if not already held by the Company).

     

    (e)    Termination
      of Rights as Stockholder.
      If the
      Right of Repurchase is exercised in accordance with this Section 2 and the
      Company makes available the consideration for the Restricted Shares being
      repurchased, then the person from whom the Restricted Shares are repurchased
      shall no longer have any rights as a holder of the Restricted Shares (other
      than
      the right to receive payment of such consideration). Such Restricted Shares
      shall be deemed to have been repurchased pursuant to this Section 2 whether
      or not the certificate(s) for such Restricted Shares have been delivered to
      the
      Company or the consideration for such Restricted Shares has been
      accepted.

     

    
      
        
        

      

      
        5

        
          

        

      

      
        
        

      

    

     

    (f)    Additional
      or Exchanged Securities and Property.
      In the
      event of a merger or consolidation of the Company with or into another entity
      (other than a Change in Control Event), any other corporate reorganization
      (other than a Change in Control Event), a stock split, the declaration of a
      stock dividend, the declaration of an extraordinary dividend payable in a form
      other than stock, a spin-off, an adjustment in conversion ratio, a
      recapitalization or a similar transaction affecting the Company's outstanding
      securities, any securities or other property (including cash or cash
      equivalents) that are by reason of such transaction exchanged for, or
      distributed with respect to, any Restricted Shares shall continue to be subject
      to the Right of Repurchase. Appropriate adjustments to reflect the exchange
      or
      distribution of such securities or property shall be made to the number and/or
      class of the Restricted Shares and to all of the provisions of this Section
      2,
      including the price per share to be paid upon the exercise of the Right of
      Repurchase, provided that the aggregate purchase price payable for the
      Restricted Shares shall remain the same. In the event of a merger or
      consolidation of the Company with or into another entity or any other corporate
      reorganization that does not constitute a Change in Control Event, the Right
      of
      Repurchase may be exercised by the Company's successor.

     

    (g)    Transfer
      of Restricted Shares.
      The
      Purchaser shall not transfer, assign, encumber or otherwise dispose of any
      Restricted Shares without the Company's written consent (which consent may
      be
      withheld with or without any reason therefor), except as provided in the
      following sentence. The Purchaser may transfer Restricted Shares to one or
      more
      members of the Purchaser's Immediate Family or to a trust or partnership
      established by the Purchaser for the benefit of the Purchaser and/or one or
      more
      members of the Purchaser's Immediate Family, provided in either case that the
      Transferee agrees in writing on a form prescribed by the Company to be bound
      by
      all provisions of this Restricted Stock Agreement. If the Purchaser transfers
      any Restricted Shares, then this Restricted Stock Agreement shall apply to
      the
      Transferee to the same extent as to the Purchaser.

     

    (h)    Assignment
      of Repurchase Right.
      The
      Board of Directors may freely assign the Company's Right of Repurchase, in
      whole
      or in part. Any person who accepts an assignment of the Right of Repurchase
      from
      the Company shall assume all of the Company's rights and obligations under
      this
      Section 2.

     

    (i)    Part-Time
      Employment and Leaves of Absence.
      If the
      Purchaser commences working on a part-time basis, then the Company may adjust
      the vesting schedule set forth in Section 2(b) above in accordance with the
      Company's part-time work policy or the terms of an agreement between the
      Purchaser and the Company pertaining to his or her part-time schedule. If the
      Purchaser goes on a leave of absence, then the Company may adjust the vesting
      schedule set forth in Section 2(b) above in accordance with the Company's leave
      of absence policy or the terms of such leave. Except as provided in the
      preceding sentence, Service shall be deemed to continue while the Purchaser
      is
      on a
      bona
      fide
      leave of
      absence, if (i) such leave was approved by the Company in writing and
      (ii) continued crediting of Service is expressly required by the terms of
      such leave or by applicable law (as determined by the Company). Service shall
      be
      deemed to terminate when such leave ends, unless the Purchaser immediately
      returns to active work.

     

    SECTION
      3  OTHER
      DEFINITIONS. 

    

    “Immediate
      Family”
shall
      mean any child, stepchild, grandchild, parent, stepparent, grandparent, spouse,
      sibling, mother-in-law, father-in-law, son-in-law, daughter-in-law,
      brother-in-law or sister-in-law and shall include adoptive
      relationships.

    

    “Purchased
      Shares”
shall
      mean the Shares purchased by the Purchaser pursuant to this Restricted Stock
      Agreement.

    

    “Repurchase
      Period”
shall
      mean a period of 180 consecutive days commencing on the date when the
      Purchaser's Service terminates for any reason, including (without limitation)
      death or disability.

     

    
      
        
        

      

      
        6

        
          

        

      

      
        
        

      

    

     

    “Restricted
      Share” shall
      mean a Purchased Share that is subject to the Right of
      Repurchase. 

    

    “Right
      of Repurchase”
shall
      mean the Company's right of repurchase described in
      Section 2. 

    

    “Securities
      Act”
shall
      mean the Securities Act of 1933, as amended. 

     

    “Service”
shall
      mean service to the Company or its subsidiaries as an Employee or, following
      a
      Change in Control Event, service to the New Employer (as defined in Section
      2(b)) or its subsidiaries as an employee.

    

    “Share”
shall
      mean one share of Stock

    

    “Stock”
shall
      mean the Common Stock of the Company, par value $0.01 per
      Share. 

    

    “Transferee”
shall
      mean any person to whom the Purchaser directly or indirectly transfers any
      Purchased Shares. 

    

    SECTION
      4  OTHER
      RESTRICTIONS ON TRANSFER.

     

    (a)    Purchaser
      Representations. In connection with the issuance and acquisition of
      Shares under this Restricted Stock Agreement, the Purchaser hereby represents
      and warrants to the Company as follows:

     

    (i)    The
      Purchaser has received a copy of an offering memorandum relating to the sale
      of
      the Purchased Shares to the Purchaser hereunder.

     

    (ii)    The
      Purchaser acknowledges his or her understanding that if he or she is an
“affiliate” of the Company, the Purchaser's right to resell the Purchased Shares
      after the Company's Right of Repurchase lapses is restricted under the
      Securities Act.

     

    (iii)    The
      Purchaser will not sell, transfer or otherwise dispose of the Purchased Shares
      in violation of the Securities Act or the rules promulgated thereunder,
      including Rule 144 under the Securities Act. The Purchaser agrees that he
      or she will not dispose of the Purchased Shares unless and until he or she
      has
      complied with all requirements of this Restricted Stock Agreement applicable
      to
      the disposition of Purchased Shares and he or she has provided the Company
      with
      written assurances, in substance and form reasonably satisfactory to the
      Company, that (A) the proposed disposition does not require registration of
      the Purchased Shares under the Securities Act or all appropriate action
      necessary for compliance with the registration requirements of the Securities
      Act or with any exemption from registration available under the Securities
      Act
      (including Rule 144) has been taken and (B) the proposed disposition
      will not result in the contravention of any transfer restrictions applicable
      to
      the Purchased Shares under state securities law.

     

    (b)    Securities
      Law Restrictions.
      Regardless of whether the offering and sale of Shares under this Restricted
      Stock Agreement have been registered under the Securities Act or have been
      registered or qualified under the securities laws of any state, the Company
      at
      its discretion may impose restrictions upon the sale, pledge or other transfer
      of the Purchased Shares (including the placement of appropriate legends on
      stock
      certificates or the imposition of stop-transfer instructions) if, in the
      judgment of the Company, such restrictions are necessary or desirable in order
      to achieve compliance with the Securities Act, the securities laws of any state
      or any other law.

     

    
      
        
        

      

      
        7

        
          

        

      

      
        
        

      

    

     

    (c)    Rights
      of the Company.
      The
      Company shall not be required to (i) transfer on its books any Purchased
      Shares that have been sold or transferred in contravention of this Restricted
      Stock Agreement or (ii) treat as the owner of Purchased Shares, or
      otherwise to accord voting, dividend or liquidation rights to, any transferee
      to
      whom Purchased Shares have been transferred in contravention of this Restricted
      Stock Agreement.

     

    SECTION
      5  SUCCESSORS
      AND ASSIGNS. 

    

    Except
      as
      otherwise expressly provided to the contrary, the provisions of this Restricted
      Stock Agreement shall inure to the benefit of, and be binding upon, the Company
      and its successors and assigns and shall be binding upon the Purchaser and
      the
      Purchaser's legal representatives, heirs, legatees, distributees, assigns and
      transferees by operation of law, whether or not any such person has become
      a
      party to this Restricted Stock Agreement or has agreed in writing to join herein
      and to be bound by the terms, conditions and restrictions hereof.

    

    SECTION
      6  NO
      RETENTION RIGHTS. 

    

    Nothing
      in this Restricted Stock Agreement shall confer upon the Purchaser any right
      to
      continue in Service for any period of specific duration or interfere with or
      otherwise restrict in any way the rights of the Company (or any Parent or
      Subsidiary employing or retaining the Purchaser) or of the Purchaser, which
      rights are hereby expressly reserved by each, to terminate his or her Service
      at
      any time and for any reason, with or without cause. 

    

    SECTION
      7  TAX
      ELECTION. 

    

    The
      acquisition of the Purchased Shares may result in adverse tax consequences
      that
      may be avoided or mitigated by filing an election under Code Section 83(b).
      Such election may be filed only within 30 days after the date of purchase.
      The
      form for making the Code Section 83(b) election is attached to this
      Restricted Stock Agreement as Exhibit I.
      The Purchaser should consult with his or her tax advisor to determine the tax
      consequences of acquiring the Purchased Shares and the advantages and
      disadvantages of filing the Code Section 83(b) election. The Purchaser
      acknowledges that it is his or her sole responsibility, and not the Company's
      responsibility, to file a timely election under Code Section 83(b), even if
      the Purchaser requests the Company or its representatives to make this filing
      on
      his or her behalf. 
      CIRCULAR 230 DISCLAIMER: Nothing contained herein concerning certain federal
      income tax considerations is intended or written to be used, and cannot be
      used,
      for the purpose of (i) avoiding tax-related penalties under the Internal Revenue
      Code or (ii) promoting, marketing, or recommending to another party any
      transactions or tax-related matters addressed herein. 

     

    SECTION
      8  LEGENDS. 

    

    All
      certificates evidencing Purchased Shares shall bear the following
      legend: 

    

    “THE
      SHARES REPRESENTED HEREBY MAY NOT BE SOLD, ASSIGNED, TRANSFERRED, ENCUMBERED
      OR
      IN ANY MANNER DISPOSED OF, EXCEPT IN COMPLIANCE WITH THE TERMS OF A WRITTEN
      AGREEMENT BETWEEN THE ISSUER OF SUCH SHARES AND THE REGISTERED HOLDER OF SUCH
      SHARES (OR THE PREDECESSOR IN INTEREST TO SUCH HOLDER OF SHARES). SUCH AGREEMENT
      GRANTS TO SUCH ISSUER CERTAIN REPURCHASE RIGHTS UPON TERMINATION OF SERVICE
      WITH
      THE COMPANY. THE SECRETARY OF SUCH ISSUER WILL UPON WRITTEN REQUEST FURNISH
      A
      COPY OF SUCH AGREEMENT TO THE HOLDER HEREOF WITHOUT
      CHARGE.”

     

     

    If
      required by the authorities of any state in connection with the issuance of
      the
      Purchased Shares, the legend or legends required by such state authorities
      shall
      also be endorsed on all such certificates.

     

    
      
        
        

      

      
        8

        
          

        

      

      
        
        

      

    

     

    SECTION
      9  NOTICE. 

     

    Any
      notice required by the terms of this Restricted Stock Agreement shall be given
      in writing and shall be deemed effective upon (i) personal delivery,
      (ii) deposit with the United States Postal Service, by registered or
      certified mail, with postage and fees prepaid or (iii) deposit with a
      recognized overnight courier service, with shipping charges prepaid. Notice
      shall be addressed to the Company at its principal executive office and to
      the
      Purchaser at the address that he or she most recently provided to the Company
      in
      accordance with this Section 9.

     

    SECTION
      10  ENTIRE
      AGREEMENT.

     

    This
      Restricted Stock Agreement, together with the Plan, constitutes the entire
      contract between the parties hereto with regard to the subject matter hereof
      and
      supersedes any other agreements, representations or understandings (whether
      oral
      or written and whether express or implied) which relate to the subject matter
      hereof.

     

    SECTION
      11  CONFLICITS
      OF LAW.

     

    This
      Restricted Stock Agreement shall be governed by, and construed in accordance
      with, the laws of the State of Delaware, without regard to conflict of laws
      principles.

     

    IN
      WITNESS WHEREOF, each of the parties has executed this Restricted Stock
      Agreement, in the case of the Company by its duly authorized officer, as of
      the
      day and year first above written.

     

    
      	
              PURCHASER:

            	
               

            	
              PHOTOMEDEX,
                INC.

            
	
               

            	
               

            	
               

            
	
              /s/
                Jeffrey F. O’Donnell

            	
               

            	By: /s/
              Richard J. DePiano
	
              Name:
                Jeffrey F. O’Donnell

            	
               

            	
              Name:
                Richard J. DePiano

              Title:
                Chairman

            

    

     

    
      
        
        

      

      
        9

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00127-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00127-of-00352.parquet"}]]