Document:

EXHIBIT 10.1 b

          Instrument
          constituting warrants to subscribe for common stock in Tiger
          Telematics Inc.

          Dated                                          January 2006

          Osborne Clarke

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                                    Contents
1.       Interpretation........................................................2
2.       Issue of Warrant......................................................3
3.       Certificates..........................................................3
4.       Conditions............................................................3
5.       Governing law.........................................................3
Schedule 1.....................................................................5
Certificate....................................................................5
Schedule 2.....................................................................7
Conditions.....................................................................7
1.       Definitions and interpretation........................................7
2.       Exercise of Warrants..................................................9
3.       Ranking of common stock on exercise..................................10
4.       Undertakings by the Company..........................................10
5.       Variation of rights..................................................10
6.       Adjustments..........................................................11
7.       Rights of the Holder.................................................11
8.       Sale to extend to Warrants...........................................12
9.       Liquidation..........................................................12
10.      Register of Warrants.................................................13
11.      Transferability of Warrants..........................................14
12.      Renewal of Certificates..............................................14
13.      Notices..............................................................14
14.      Meetings of Holders..................................................15

                                       1
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This Instrument is made the day of January 2006 by Tiger Telematics Inc
(registered in the State of Delaware) whose registered office is at [ ] (the
"Company").

Whereas the Company has entered into a Loan Agreement with Laffitte Partners LLC
("Laffitte") (the "Loan Agreement") on [ ] January 2006, pursuant to which
Laffitte has agreed to lend to the Company the principal amount of US$5,000,000
(as such amount may be reduced by repayment from time to time, or increased by
mutual agreement between the Company and Laffitte) (the "Loan"). The Loan may be
drawn down in one or more Advances (as such term is defined in the Loan
Agreement) within 90 days of [ ] January 2006. Under the Loan Agreement, any
part of the Loan not drawn down within that period is to be cancelled.

Whereas in consideration of Laffitte agreeing to advance the Loan, the Company
has agreed to issue a warrant instrument in favour of Laffitte.

Whereas in connection with the foregoing, by a resolution of its board of
directors passed on January 2006, the Company has determined to create and issue
warrants to subscribe for common stock in the Company of US $0.001 each on a
dollar for dollar basis with respect to the total value of all Advances made
under the Loan Agreement, subject to adjustment in accordance with the
Conditions, such warrants to be constituted as hereinafter provided.

Now this Instrument witnesses and the Company hereby declares as follows:

1.       Interpretation

1.1      Definitions

         In this Instrument, (including the schedules to this Instrument),
         unless the context otherwise requires, the following expressions have
         the following meanings:

         "By-laws"          the  by-laws of the Company as amended from time to
                            time;

         "Certificate"      a certificate in relation to a Warrant in the form
                            set out in schedule 1 to this Instrument;

         "Conditions"       the conditions to a Warrant as endorsed on each
                            Certificate and as set out in schedule 2 to this
                            Instrument;

         "Holder"           a holder of a Warrant;

                                       2
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         "Common Stock"     common stock of US$0.001 each in the Company having
                            the rights set out in the By-laws; and

         "Warrant"          the right of a Holder to subscribe for Common Stock
                            at a specified subscription price, such right being
                            issued subject to and in accordance with the terms
                            of this Instrument and the Conditions.

1.2      Interpretation

         Words and expressions defined in schedule 2 to this Instrument shall
         bear the same meaning where used in this Instrument.

2.       Issue of Warrant

2.1      From the date of this Instrument the Company may issue any number of
         Warrants PROVIDED THAT the aggregate nominal value of Common Stock for
         which such Warrants shall give a right to subscribe shall not exceed on
         a dollar for dollar basis the total value of all Advances made under
         the Loan Agreement from time to time.

2.2      Subject to the provision of this Instrument the subscription price per
         Common Stock upon the exercise of this Warrant shall be US $0.30.

3.       Certificates

3.1      Form of certificate

         Each Holder shall be entitled to a Certificate in respect of each
         Warrant held by him which shall have endorsed thereon the Conditions.

3.2      Issue

         Every Certificate shall be executed as a deed and issued in accordance
         with the provisions of the By-laws.

4.       Conditions

         The Company shall comply with the Conditions.

5.       Governing law

         This Instrument shall be governed by and interpreted in accordance with
         the laws of the State of Delaware.

                                       3
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IN WITNESS whereof this Instrument has been executed by the Company as a deed on
the day and year first above written.

                                       4
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                                   Schedule 1

                                   Certificate

                              TIGER TELEMATICS INC

                      Incorporated in the State of Delaware

             Warrant to subscribe for Common Stock of US $0.001 each
              ("Common Stock") of the Company from time to time in
                 accordance with the Conditions endorsed hereon

                              Certificate Number: 1

THE SECURITIES REPRESENTED HEREBY HAVE NOT BEEN REGISTERED UNDER THE SECURITIES
ACT OF 1933, AS AMENDED, OR ANY STATE SECURITIES LAWS AND NEITHER THE SECURITIES
NOR ANY INTEREST THEREIN MAY BE OFFERED, SOLD, TRANSFERRED, PLEDGED OR OTHERWISE
DISPOSED OF EXCEPT PURSUANT TO AN EFFECTIVE REGISTRATION STATEMENT UNDER SUCH
ACT OR SUCH LAWS OR AN EXEMPTION FROM REGISTRATION UNDER SUCH ACT AND SUCH LAWS.

----------------------------- ------------------------- ------------------------

  Subscription Price            Number of Common          Percentage of issued
                                Stock represented by      Common Stock
                                this Warrant (subject     represented by this
                                to Adjustment)            Warrant (subject to
                                                          Adjustment)
----------------------------- ------------------------- ------------------------

  US $0.30 per Common Stock     [.........]               [   ]%
----------------------------- ------------------------- ------------------------

THIS IS TO CERTIFY that:

Laffitte Partners LLC

is the registered holder of this Warrant subject to and in accordance with the
terms of an Instrument of the Company dated January 2006 ("the Instrument") and
the Conditions endorsed hereon.

This Warrant was created and issued under the authority of the By-laws of the
Company and pursuant to a resolution of the board of directors of the Company
dated Janaury 2006.

Executed as a deed by the Company this                    day of Janaury 2006

                                       5
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Executed and delivered as a deed by )
TIGER TELEMATICS                    )
INC.                                )
acting by:                          )
                                    Director

                                    Director/Secretary

                                       6
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                                   Schedule 2

                                   Conditions

1.       Definitions and interpretation

1.1      Definitions

         In the Certificate (including these Conditions and the schedule to the
         Certificate), unless the context otherwise requires, the following
         expressions have the following meanings:

         "Adjustment"                 adjustment to the number of Common Stock
                                      represented by each of the Warrants in
                                      accordance with these Conditions;

         "Adjustment Notice"          as defined in Condition 6.1 (Adjustments);

         "Advance"                    Each advance made or to be made to the
                                      Company under the on demand loan facility
                                      of up to US $5,000,000;

         "By-laws"                    the by-laws of the Company as amended
                                      from time to time and references in
                                      the Certificate to express provisions
                                      of such by-laws shall be deemed to be
                                      amended accordingly following any such
                                      amendments, as necessary;

         "Auditors"                   the auditors to the Company for the time
                                      being;

         "Business                    Day" any day other than Saturday, Sunday
                                      or any day which is a public holiday in
                                      the place or places at which the
                                      transaction in question is being effected
                                      or the notice in question is being
                                      received;

         "Common Stock"               the Company's common stock of US $0.001
                                      each the rights attaching to which are set
                                      out in the By-laws;

         "Consent"                    the consent in writing of the Holders of
                                      at least 75 per cent in Nominal Amount of
                                      the Warrants;

                                       7
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         "Drawdown Date"              The date on which an Advance is made, or
                                      is proposed to be made;

         "Extraordinary Resolution"   an extraordinary resolution of the Holders
                                      passed in accordance with the provisions
                                      contained in condition 13;

         "Holder"                     the registered holder or holders for the
                                      time being of this Warrant;

         "Holders"                    the  several registered  holders for the
                                      time being of the Warrants;

         "Loan Agreement"             The loan agreement entered into between
                                      the Company and Laffitte Partners LLC on
                                      [   ] January 2006 pursuant to which
                                      Laffitte Partners LLC has agreed to lend
                                      the Company up to US $5,000,000;

         "Nominal Amount"             the aggregate nominal amount of Common
                                      Stock for which Holders may subscribe
                                      pursuant to the Warrants;

         "Subscription Right"         as defined in Condition 2.1;

         "this Warrant"               the Warrant to subscribe for Common Stock,
                                      as comprised in the Certificate; and

         "Warrants"                   all the Warrants for the time being
                                      outstanding and issued on the date hereof.
1.2      Interpretation

         In the Certificate (including these Conditions and the schedule
         hereto), words denoting persons only shall include corporations, each
         gender shall include every other gender.

1.3      Status

         These Conditions govern this Warrant only. Each other Warrant is itself
         subject to identical conditions. This Warrant and any other Warrant may
         only be valued, altered or notified as described in condition 5.

                                       8
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2.       Exercise of Warrants

2.1      Subscription Right

         From and including the Drawdown Date of the first Advance made under
         the Loan Agreement to and including a date which falls three years
         after such Drawdown Date, the Holder shall have the right ("the
         Subscription Right") by notice in writing to the Company in the form
         attached to the Certificate (an "Exercise Notice") to subscribe, for
         any number of Common Stock up to the maximum number of Common Stock
         shown on the Certificate at the subscription price per Common Stock (in
         each case subject to Adjustment pursuant to Condition 6) shown on the
         Certificate.

2.2      Exercise Notice

         An Exercise Notice shall be accompanied by the Certificate and the
         subscription moneys payable on its exercise.

2.3      Allotment of Common Stock

         Upon receipt of an Exercise Notice, the Company shall allot to the
         Holder the number of Common Stock for which the Holder has subscribed.

2.4      Exercise in part

         If this Warrant is exercised in part only, the Company shall forthwith
         send to the Holder a new Certificate in respect of the unexercised
         portion of the Warrant, which at the date of such issue shall take into
         account any adjustments made pursuant to Condition 6 hereof.

2.5      Restrictions on Transfer of Common Stock

         The common stock to be issued upon exercise of the Subscription Right
         will be "Restricted Securities" as defined in Rule 144 under the U. S.
         Securities Act of 1933, as amended, and the certificates representing
         such Common Stock shall bear the following legend:

         "THE SECURITIES REPRESENTED HEREBY HAVE NOT BEEN REGISTERED UNDER THE
         SECURITIES ACT OF 1933, AS AMENDED, OR ANY STATE SECURITIES LAWS AND
         NEITHER THE SECURITIES NOR ANY INTEREST THEREIN MAY BE OFFERED, SOLD,
         TRANSFERRED, PLEDGED OR OTHERWISE DISPOSED OF EXCEPT PURSUANT TO AN
         EFFECTIVE REGISTRATION STATEMENT UNDER SUCH ACT OR SUCH LAWS OR AN
         EXEMPTION FROM REGISTRATION UNDER SUCH ACT AND SUCH LAWS."

                                       9
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3.       Ranking of Common Stock on exercise

         All Common Stock allotted upon the Holder exercising his Subscription
         Right shall rank pari passu in all respects with the issued Common
         Stock of the Company at the date of allotment provided that they shall
         rank only in respect of dividends or other distributions declared, made
         or paid on or after the date of allotment.

4.       Undertakings by the Company

         Until the Subscription Right shall cease to be exercisable the Company
         shall:

4.1      Sufficiency of unissued Common Stock

         Keep unissued sufficient Common Stock in the capital of the Company to
         enable it to discharge its obligations under this Warrant; and

4.2      Information

         Send to the Holder at the same time as circulars, notices or accounts
         are sent to members a copy of:

         (a)      all circulars and other notices (including but not limited to
                  notices convening general meetings of the Company) sent by the
                  Company to its members;

         (b)      the latest audited consolidated annual accounts of the Company
                  from time to time;

5.       Variation of rights

         (a)      Consents to variations in Holders' rights

                  The Holders shall have power, exercisable by Extraordinary
                  Resolution or by Consent, to agree to any modification,
                  alteration, abrogation or arrangement in respect of the rights
                  of the Holders against the Company which shall be proposed by
                  the Company and which is to apply to all of the Warrants.

         (b)      Restriction on altering rights under Warrant

                  Neither this Warrant nor any other Warrant shall be altered or
                  modified and the rights of the Holder under this Warrant or of
                  other Holders under the other Warrants shall not be modified,
                  attended or abrogated, unless by deed executed by the Company
                  and the Holder and unless the sanction of an Extraordinary
                  Resolution or Consent shall have been given to such
                  alteration, modification or abrogation.

                                       10
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6.       Adjustments

6.1      Restricted matters

         Until the Subscription Right shall cease to be exercisable, the Company
         shall not:

         (a)      consolidate or sub-divide any of its Common Stock; or

         (b)      issue any Common Stock whether by way of capitalisation of
                  profits or reserves to holders of Common Stock or otherwise;
                  or

         (c)      purchase or redeem any of its share capital; or

         (d)      make any reduction of share capital, share premium account or
                  capital redemption reserve involving repayment or money to
                  shareholders or reduce  any uncalled liability in respect
                  thereof

         (each a "Restricted Event") unless the Company shall have given not
         less than 21 days' prior written notice in writing thereof (an
         "Adjustment Notice") to the Holder and the Holder shall have given its
         written consent to such Restricted Event taking place.

6.2      Adjustments

         Any Adjustment Notice shall be accompanied by a copy of a letter
         (obtained at the Company's expense) addressed to the Company and the
         Holders from the Auditors setting out any adjustment to the Warrants
         that will are necessary to ensure that, after the Restricted Event has
         occurred, the Holder is in as close a position as possible to the
         position it was in prior to the occurrence of the Restricted Event.

6.3      Binding effect

         The adjustments set out in the letter referred to above shall (save in
         the case of manifest error) be binding on the Company and the Holder
         with effect from the date of the written consent of the Holder to the
         Adjustment Notice and the Company shall (at its own expense) take all
         such actions as may be necessary to give effect to such adjustments.
         The Company shall send to the Holder additional or replacement
         Certificates reflecting such adjustments, fractional entitlements being
         ignored.

7.       Rights of the Holder

         Until the Subscription Right shall cease to be exercisable, the consent
         in writing of the Holder shall be required prior to any of the
         following events:

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7.1      the Company:

         (a)      altering its By-laws; or

         (b)      varying in any way (whether directly or indirectly) the rights
                  attached to any of the common stock for the time being in the
                  capital of the Company; or

         (c)      passing a resolution that it be wound up;

7.2      the Company or any of its subsidiaries:

         (a)      altering, increasing, reducing, sub-dividing or consolidating
                  its authorised or issued share capital; or

         (b)      granting any option or other right to subscribe for common
                  stock; or

         (c)      disposing of its undertaking or any substantial part thereof;
                  or

         (d)      disposing of or acquire any interest in any common stock in
                  the capital of any company; or

         (e)      increasing salary, fees, emoluments, bonus or any other
                  payments including sums by way of pension contributions and
                  the cash value of any benefits in kind for the managers by a
                  sum in excess of 10% of the aggregate payable in respect of
                  the relevant financial year

8.       Sale to extend to Warrants

         The Company will use its best endeavours to procure that any general
         offer for the Common Stock in issue extends to the Common Stock in
         respect of which this Warrant is exercisable on the same terms and
         conditions as the other Common Stock.

9.       Liquidation

         If the Company is wound up or on any other distribution or return of
         capital on or before the Subscription Right has become exercisable
         then:

         (a)      Approved schemes or arrangements

                  If such winding-up is for the purpose of a reconstruction or
                  amalgamation pursuant to a scheme or arrangement approved by
                  an Extraordinary Resolution or by a Consent, the terms of such
                  scheme or arrangement will be binding on the Holder; and

                                       12
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         (b)      Other situations

                  In any other case, the Company will give notice to the Holder
                  stating that a resolution for the voluntary winding-up of the
                  Company has been passed or, as the case may be, that an order
                  of the Court for the winding-up of the Company has been made
                  within 1 month after the date of such resolution or order, as
                  the case may be, and the Holder shall be entitled at any time
                  within 2 months after the date of such notice to elect by
                  notice in writing to the Company to be treated for the
                  purposes of proof in such winding-up as if he had, immediately
                  before the date of the passing of such resolution or the
                  making of such order, as the case may be, exercised his
                  Subscription Right and he shall in such case be entitled to
                  receive such a sum, if any, as he would have received had he
                  been the holder of, and paid for, the Common Stock to which he
                  would have become entitled by virtue of such exercise, after
                  deducting from such sum an amount equal to the subscription
                  moneys which would have been payable on such exercise but
                  nothing contained in this sub-paragraph shall have the effect
                  of requiring a Holder to make any actual payment to the
                  Company.

10.      Register of Warrants

10.1     The Register

         The Company shall keep a register of Warrants at its Registered Office
         in which shall be entered:

         (a)      the names and addresses of the Holders;

         (b)      the number of Common Stock (subject to Adjustment) represented
                  by each Warrant;

         (c)      the date at which the name of each Holder is entered in
                  respect of the Warrant standing in his name; and

         (d)      the serial number of each Certificate and the date of issue
                  thereof.

         Any change of name or address on the part of the Holder shall be
         notified to the Company and thereupon the register shall be altered
         accordingly. The Holder shall be entitled at all reasonable times
         during normal business hours to inspect the register and to take copies
         thereof.

10.2     Trusts

         The Company shall recognise the Holder as the absolute owner of this
         Warrant and shall not be bound to take notice of or to see to the

                                       13
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         execution of any trust, whether express, implied or constructive, to
         which this Warrant may be subject, and the receipt of such Holder for
         the shares on exercise of this Warrant shall be a good discharge to the
         Company notwithstanding any notice it may have whether express or
         otherwise of the right, title, interest or claim of any other person to
         or in this Warrant. No notice of any trust, express, implied or
         constructive, shall (except as provided by statute or as required by an
         order of a court of competent jurisdiction) be entered on the register
         in respect of this Warrant.

10.3     Entitlement

         The Holder shall be recognised by the Company as entitled to this
         Warrant free from any equity, set-off or counter-claim on the part of
         the Company against the original or any intermediate holder of the
         Warrant.

11.      Transferability of Warrants

         Neither this Warrant nor any part of the Subscription Rights shall be
         transferable.

12.      Renewal of Certificates

         If the Certificate is lost, worn-out, defaced or destroyed, it may be
         renewed on such terms as to evidence, identity, indemnity and expense
         incurred by the Company in investigating or verifying title as the
         directors of the Company may reasonably think fit provided that in the
         case of defacement or being worn out the Certificate must be
         surrendered before the new Certificate is issued.

13.      Notices

         A notice may be given by the Holder or by the Company either personally
         or by sending it by prepaid first class post, airmail, facsimile or
         telex to its registered office, in the case of a notice to the Company,
         or to its registered address or to any other address supplied by such
         Holder to the Company for the giving of notice, in the case of a notice
         to a Holder. A properly addressed and prepaid notice sent by post shall
         be deemed to have been served at an address within the United Kingdom
         at the expiry of 48 hours after the notice is posted and to have been
         served at an address outside the United Kingdom at the expiry of 72
         hours after the notice is posted. Where a notice is given by facsimile,
         service of the same shall be deemed to be effected upon receipt of
         telephone or other confirmation of its receipt. Where a notice is given
         by telex, service of the same shall be deemed to be effected upon
         receipt of the appropriate answerback code at the end of the sender's
         copy of the telex.

                                       14
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14.      Meetings of Holders

14.1     Convening meetings of Holders

         At any time and from time to time the Company may and shall, upon the
         written request of persons registered as Holders of not less than one
         tenth in Nominal amount of the Warrants for the time being outstanding,
         convene a meeting of the Holders.

14.2     Notice of Meeting

         At least 14 clear days' notice, or when the meeting is being convened
         for the purposes of passing an Extraordinary Resolution, at least 21
         clear days' notice of the place, day and time of any meeting shall be
         given to the Holders.

14.3     Form of Notice

         In the case of a meeting being convened for the purposes of passing an
         Extraordinary Resolution, the notice shall state the terms of the
         Extraordinary Resolution. Except as aforesaid, it shall be necessary to
         specify in any such notice only the general nature of any business to
         be transacted at the meeting thereby convened.

14.4     Omission to give Notice

         The accidental omission to give notice of the meeting to or the
         non-receipt of a notice of a meeting by any person entitled to receive
         notice shall not invalidate the proceedings at that meeting.

14.5     Chairman

         The chair shall be taken by a person nominated by the Company who need
         not be a Holder or a representative of a Holder. If no person shall be
         nominated or the person nominated shall be absent from a meeting, the
         Holders may elect a chairman from among themselves.

14.6     Quorum

         Except as otherwise provided herein, no business shall be transacted at
         any meeting unless a quorum of the Holders is present at the time when
         the meeting proceeds to business. A quorum shall consist of person(s)
         holding or representing by proxy not less than one tenth in Nominal
         Amount of the Warrants for the time being outstanding provided that, if
         the business of the meeting includes the consideration of an
         Extraordinary Resolution, the quorum shall be person(s) holding or
         representing by proxy not less than one third in Nominal Amount of the
         Warrants for the time being outstanding.

                                       15
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14.7     Adjournment

         If within one half hour from the time appointed for the meeting a
         quorum is not present, the meeting, if convened on a requisition of
         Holders, shall be dissolved and in any other case it shall stand
         adjourned to the same day in the next week and at the same place and
         time or to such other place and time not less than 7 days later as the
         Chairman of the meeting shall direct provided that at least 7 days'
         notice of such adjourned meeting shall be given to the Holders
         specifying the place and time of such adjourned meeting and stating
         that if a quorum is not present the Holders present shall be a quorum.
         If at such adjourned meeting a quorum is not present, the Holders then
         present in person or by proxy shall be a quorum.

14.8     Chairman's power to adjourn

         The Chairman may with the consent of the meeting adjourn any meeting
         from time to time and from place to place but no business shall be
         transacted at any adjourned meeting other than the business left
         unfinished at the meeting from which the adjournment took place.

14.9     Voting rights

         At every meeting every Holder present in person or by proxy shall be
         entitled to 1 vote on a show of hands. On a poll every Holder present
         in person or by proxy shall have 1 vote for every US $0.001 in Nominal
         Amount of Warrants held by him.

14.10    Joint Holders

         If 2 or more persons are registered as joint Holders of any Warrant,
         the vote of the senior who tenders a vote whether in person or by proxy
         shall be accepted to the exclusion of the other joint Holders and for
         this purpose seniority shall be determined by the order in which the
         names stand in the register.

14.11    Demanding a poll

         At any meeting a resolution put to the vote shall be decided on a show
         of hands unless (before or on the declaration of the result of the show
         of hands) a poll is demanded by the Chairman or by one or more persons
         holding or representing by proxy not less than one twentieth in Nominal
         Amount of the Warrants for the time being outstanding.

14.12    Declaration of resolution

         Unless a poll is demanded, a declaration by the Chairman that a
         resolution has been passed or lost by a show of hands and an entry to
         that effect in the minute book hereinafter directed to be kept shall be
         conclusive evidence that the resolution has been duly passed or lost
         without proof of the number of votes recorded in favour of or against
         such resolution.

                                       16
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14.13    Method of taking a poll

         If a poll is demanded it shall be taken in such a manner and at such
         time and place as the Chairman directs and the result of such poll
         shall be deemed to be the resolution of the meeting at which the poll
         was demanded.

14.14    Effect of taking a poll

         A demand for a poll shall not preclude the transaction of any business
         other than that on which a poll has been demanded.

14.15    Instrument appointing a proxy

         The instrument appointing a proxy shall be in writing signed by the
         appointor or his attorney duly authorised or, if the appointor is a
         corporation, either under seal or under the hand of an officer or
         attorney duly authorised and may be in any suitable and proper form.

14.16    Identity of a proxy

         A proxy need not be a Holder.

14.17    Deposit of proxy

         The instrument appointing a proxy and any power of attorney or other
         authority under which it is signed shall be deposited at the registered
         office of the Company not less than 48 hours before the time appointed
         for holding the meeting in respect of which such proxy is to be used
         unless the notice convening the meeting shall otherwise direct.

14.18    Votes tendered by a proxy

         A vote given in accordance with the terms of an instrument of proxy
         shall be valid notwithstanding the revocation of the proxy or of the
         authority under which the proxy was executed PROVIDED THAT no
         information in writing of such revocation shall have been received by
         the Company at its registered office or at such other place (if any)
         for the deposit of instruments of proxy as may have been specified in
         the notice convening the meeting before the commencement of the meeting
         or adjourned meeting at which the proxy is used.

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14.19    Corporation

         Any corporation being a Holder may by writing under the hand of one of
         its directors or its secretary authorise any person to act as its
         representative at any meeting of the Holders and the person so
         authorised shall be entitled to exercise the same powers on behalf of
         the corporation he represents as that corporation could exercise if it
         were an individual Holder present in person at the meeting.

14.20    Minutes

         The Chairman of the meeting shall at the expense of the Company cause
         minutes of the proceedings of the meeting to be drawn up and duly
         entered in a book to be kept for that purpose by the Company and the
         minutes shall be signed by him or by the Chairman of the next meeting
         and any such minutes if purporting to be signed by such Chairman shall
         be conclusive evidence of the matters therein stated.

14.21    Effect of resolutions

         Any resolution passed at a duly convened meeting of the Holders shall
         be binding on all the Holders whether or not present at the meeting at
         which the resolution was passed.

14.22    Extraordinary resolution

         An Extraordinary Resolution is a resolution passed at a meeting of the
         Holders duly convened and held in accordance with the provisions hereof
         by a majority consisting of 75% of the persons voting thereat upon a
         show of hands or, if a poll is duly demanded, then by a majority
         consisting of not less than 75% of the votes given on such poll.

                                       18
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Executed as a deed by                       )
TIGER TELEMATICS                    )
INC.                                        )
in the presence of:                         )

                                            Director

                                            Director/Secretary

                                       19Exhibit 10.1

EMPLOYMENT AGREEMENT

                       THIS EMPLOYMENT AGREEMENT (this “Agreement”) is entered into as of January 30, 2006 (the “Effective Date”) by and between SIMON RAAB (“Executive”), and FARO TECHNOLOGIES, INC. (hereinafter, the “Company”), a Florida corporation having its principal place of business at 125 Technology Park, Lake Mary, FL  32746. 

                       WHEREAS, Executive is employed fulltime by Company, currently as its Chief Executive Officer (“CEO”); and

                       WHEREAS, Executive wishes to continue to be employed by Company on the terms and conditions set forth in this Agreement and Company wishes to continue to employ Executive on those terms and conditions; 

                       NOW THEREFORE, for and in consideration of the covenants set forth herein, the receipt and sufficiency of which are hereby acknowledged the parties agree as follows:

TERMS AND CONDITIONS

          1.          Term

                       The term of this Agreement shall extend from the date hereof until January 1, 2007, unless terminated sooner pursuant to the provisions of this Agreement (“Term”).

          2.          Position, Responsibilities and Duties

                       The Company hereby employs Executive as the Chief Executive Officer (“Executive CEO”) of the Company.  As such, and subject to the provisions of the Agreement set forth in this Section 2, Executive shall have responsibilities, duties and authority reasonably accorded to, expected of and consistent with Executive’s position as the Chief Executive Officer of the Company.  Executive hereby accepts this employment upon the terms and conditions herein contained.

	
  
 
  	
  
(a)
  	
  
Unless   Executive elects to alter his fulltime commitment in accordance with Section   2(b), Executive will continue to devote his full business efforts from his   home and will be available at all reasonable times in person at the Company’s   headquarters, by telephone, facsimile and email as the parties deem necessary   and appropriate.  As Executive CEO, the   duties will include but not be limited to:    such responsibilities as are normally part of a CEO’s position in a US   based multi-national public company including but not limited to overseeing   operations, overseeing the finance and accounting function for the Company;   reviewing and analyzing the Company affiliates’ business results with the   executive staff; and overseeing the strategic and annual planning   process.  In addition and   specifically, Executive will:
  

	
  
 
  	
  
(i)
  	
  
mentor,   support, oversee and supervise as is required the individual named by the   Board of Directors (“Board’s Co-CEO Nominee”   or successor) to succeed the Executive as CEO (the “mentor function”); and
  
	
  
 
  	
  
 
  	
  
 
  
	
  
 
  	
  
(ii)
  	
  
at the   pleasure of the Board of Directors of the Company, hold the position and   fulfill the role of Chairman of the Board of Directors and of its Strategic   Planning Committee.  The role,   responsibility and compensation of the Chairman of the Strategic Planning   Committee will be subject to the direction of the Board of Directors from   time to time and will primarily involve the expansion, growth, strategic   direction, vision and technologic innovation of the Company.
  

                       Notwithstanding Executive’s commitments, nothing shall preclude Executive from engaging in appropriate civic, charitable, religious and non-profit activities and so long as they do not interfere with or conflict with Company’s policies regarding such matters.

	
  
 
  	
  
(b)
  	
  
Current   Period (2006):    Beginning on January 30, 2006, in consultation with the Board of   Directors and the Executive, the Executive may elect to alter his fulltime   commitment to serve as Co-CEO where the other Co-CEO is the Board’s Co-CEO   Nominee.  It is not anticipated that   the Executive will further reduce his commitment earlier than when the   Board’s nominee is fully capable of fulfilling the CEO role without the   Executive as Co-CEO, which may be as early as 2007.
  
	
  
 
  	
  
 
  	
  
 
  
	
  
 
  	
  
As Co-CEO,   in addition to the role normally appropriate for a CEO:
  

	
  
 
  	
  
(i)
  	
  
Executive   and the Board’s Co-CEO Nominee, will collaborate and cooperate to share the   responsibilities as CEO as they agree between themselves and subject to the   approval of the Board of Directors;
  
	
   
  	
  
 
  	
  
 
  
	
  
 
  	
  
(ii)
  	
  
Executive   will be expected to continue to mentor the Board’s Co-CEO Nominee;
  
	
  
 
  	
  
 
  	
  
 
  
	
  
 
  	
  
(iii)
  	
  
At the   pleasure of the Board of Directors of the Company the Executive will be   expected to continue, the role of Chairman of the Board and Chairman of the   Strategic Planning Committee of the Board of Directors as described in   Section 2(a)(ii) above; and
  
	
  
 
  	
  
 
  	
  
 
  
	
  
 
  	
  
(iv)
  	
  
Executive   will be expected to devote such time as is reasonably necessary to manage his   share of the responsibilities in addition to the mentoring, but in no event   will he be expected, in a fiscal year, to average more than 80 hours each   month to work for the   Company in his capacity as Co-CEO.
  

2

	
  
 
  	
  
(c)
  	
  
Final Period   (2007):    Beginning on January 1, 2007, the Executive, in consultation with the   Board of Directors, may elect to again alter his commitment.  It is anticipated that beginning in 2007   and assuming successful completion of the mentor function Executive will   relinquish his position as Co-CEO and may or may not continue as the Chairman   of the Board of Directors or of its Strategic Planning Committee and as an   executive officer of the Company as he, in his absolute discretion, shall decide.
  

          3.          Compensation

                       From and after the effective date of this Agreement and through the Period set forth in Section 2(b) above, the Company shall pay Executive half his then current salary, as base compensation, subject to increases and such bonuses and other compensation as the Board may determine in its sole discretion taking into account relevant Company policies and procedures, if any. 

                       From and after the commencement of the Final Period set forth in Section 2(c) above, the Company shall pay Executive such amount as the Board and Executive agree is reasonable having regard to the then role of the Executive.

          4.          Reimbursement of Expenses

                       During the Term of this Agreement, the Company shall reimburse Executive for all reasonable expenses incurred by him in the course of performing his duties under this Agreement which are consistent with Company’s policies in effect from time to time with respect to travel, entertainment and other expenses, subject to the company’s requirements with respect to reporting and documentation of such expenses.  Company will pay expenses in maintaining communications capability from Executive’s home and other costs such as is consistent with “office in home” policies as they may be determined by Company from time to time. 

          5.          Stock Options and Restricted Share Units (RSUs)

                       As part of Executive’s compensation, the Company may issue to Executive stock options and or RSUs and the Company may establish vesting rules as approved by the Board in its sole discretion.

                       Notwithstanding the foregoing, all stock options and RSUs shall vest upon occurrence of the first of the following events: 

	
  
 
  	
  
(a)
  	
  
the death or   disability of Executive;
  
	
   
  	
  
 
  	
  
 
  
	
  
 
  	
  
(b)
  	
  
the   termination of Executive’s employment with the Company by the Company other   than for Good   Cause (as defined in Section 7 hereafter), or
  
	
  
 
  	
  
 
  	
  
 
  
	
  
 
  	
  
(c)
  	
  
the   termination of Executive’s Employment by Executive for Good Reason (as   defined in Section 9 hereafter); or
  

3

	
  
 
  	
  
(d)
  	
  
a change in   control as defined in Section 9(g) hereafter; or
  
	
   
  	
  
 
  	
  
 
  
	
  
 
  	
  
(e)
  	
  
if the Board   approves any sale, exchange or other transfer of all or substantially all of   the assets of the Company, or  adopts   any plan or proposal for the liquidation or dissolution of the Company.
  

                       Executive may exercise his vested stock options by delivering a written notice to the Company identifying the number of options being exercised, accompanied by payment of the full exercise price.  Executive or his Estate shall have a period of 90 days following the termination of his employment with the Company or other event set forth in this Section 5 to exercise his vested stock options.

                       Executive and the Company acknowledge that the stock option and restricted share unit (RSU) plans are administered by the Compensation Committee of the Board of Directors.  To the extent appropriate to effect the intent of this agreement, the appropriate officers of the Company will recommend to the Compensation Committee of the Board of Directors that Executive’s grant agreements for any current or future options or RSUs be amended or contain language sufficient to reflect both (i) the acceleration of vesting upon the events listed in subsections 5(a) through (e) above, as well as the forfeiture of unvested options in the event Executive’s employment as an officer of the Company is terminated for reasons other than those specified in subsections 5(a) through (e) above.

          6.          Benefit Programs

                       Executive shall be entitled to participate in any benefit programs which the Company provides for its executive employees in accordance with Company policies and procedures.  Such benefits may include health insurance, disability insurance, life insurance, cafeteria plans, pension and profit sharing plans, and other employee benefit plans as may be developed and designed from time to time.

          7.          Termination by Company for Good Cause

                       Executive’s employment under this Agreement may be terminated by the Company for Good Cause upon a minimum of 60 days prior written notice describing in reasonable detail the basis of the Good Cause.  The term “Good Cause” means any one or more of the following acts committed by Executive that have had or that the Board in its sole discretion determines could have a material adverse effect on the Company or result in a lack of confidence or trust in Executive by the Company’s Board of Directors as determined by them in their sole discretion:

	
  
 
  	
  
(a)
  	
  
Executive’s conviction of a criminal or other   statutory offence which has a potential sentence of imprisonment greater than   six (6) months or the Executive’s conviction of a criminal or other statutory   offence (which conviction, through lapse of time or otherwise, is not   subject to appeal) involving,   in the sole discretion of the Board of Directors of the Corporation, moral   turpitude;
  

4

	
  
 
  	
  
(b)
  	
  
Executive’s   possession or use of illegal drugs or prohibited substance, or Executive’s   excessive drinking of alcoholic beverages to such extent that it impairs his   ability to perform his duties and responsibilities under this Agreement;
  
	
  
 
  	
  
 
  	
  
 
  
	
  
 
  	
  
(c)
  	
  
Executive’s   commission of theft, fraud, dishonesty, misappropriation, fraud or wilful   misconduct involving the property, business or affairs of the Corporation or   the Subsidiaries or the carrying out of the Executive’s duties, including,   without limitation, any breach by the Executive of the representations,   warranties and covenants contained in Section 21;
  
	
  
 
  	
  
 
  	
  
 
  
	
   
  	
  
(d)
  	
  
Executive’s wilful failure to properly carry   out the Executive’s duties and responsibilities in accordance with   this Agreement as directed   by the Board of Directors, provided such failure has not been cured within   the 60-day notice period and there is only one such failure;
  
	
  
 
  	
  
 
  	
  
 
  
	
  
 
  	
  
(e)
  	
  
the   Executive’s breach of a material fiduciary duty owed to the Company or the   Subsidiaries; or
  
	
  
 
  	
  
 
  	
  
 
  
	
  
 
  	
  
(f)
  	
  
the   Executive’s refusal to follow the lawful written direction of the Board of   Directors of the Company.
  

                       If
the Company terminates this Agreement for Good Cause, the Company shall pay to
Executive his full salary, bonus and benefits to which he is then entitled
through the date of termination specified in the Company’s Notice of
Termination.

          8.          Termination by Company Without Good Cause

                       The Company may terminate this Agreement without Good Cause by 90 days prior written notice.  If the Company terminates Executive’s employment without Good Cause, the Company willcontinue to pay to Executive:

	
  
 
  	
  
(a)
  	
  
as severance, the Executive’s compensation (including salary,   bonuses, and other benefits) under this Agreement through to   the date of termination specified in the Company’s Notice of Termination, however, at Company’s discretion   it can make such a cash payment in lieu of 90 days notice; and
  
	
  
 
  	
  
 
  	
  
 
  
	
  
 
  	
  
(b)
  	
  
plus an additional amount equal to Executive’s then annual   compensation (including salary, bonuses, and other benefits) at the time of   termination (the “Severance Proceeds”).  The Severance Proceeds shall   be paid in periodic installments, no less frequently than monthly, during the   12 months following the Notice Period, and shall not be mitigated by virtue   of the Executive obtaining employment elsewhere.  The Company shall maintain or pay the cost of maintaining   during the 12-month period following termination all medical, health, life   and disability benefits or coverage at the same level as previously provided   to Executive by the Company.
  

5

                       At the Company’s discretion it may make a one-time cash payment in lieu of the above other than in respect of the cost of maintaining during the 12-month period following termination all medical, health, life and disability benefits or coverage at the same level as previously provided to Executive by the Company.

          9.          Termination by Executive with Good Reason  

                       Executive shall be entitled to receive the Severance Proceeds described in Section 8(a) and (b) above in the event Executive terminates his employment with Good Reason.  For purposes of this Agreement “Good Reason” shall mean action by the Company, which has the effect of or results in: 

	
  
 
  	
  
(a)
  	
  
diminishing Executive’s then annual compensation;
  
	
  
 
  	
  
 
  	
  
 
  
	
   
  	
  
(b)
  	
  
reassigning Executive to another position other than as set forth in   this Agreement, or assigning Executive duties that are inconsistent with his   position with the Company and this Agreement;
  
	
  
 
  	
  
 
  	
  
 
  
	
  
 
  	
  
(c)
  	
  
directing or assigning Executive to perform any act, or to refrain   from performing any act, constituting a violation of law with respect to   which Executive reasonably concludes that he or the Company could be subject   to civil or criminal penalties or damages and as to which he has notified the   board of directors;
  
	
  
 
  	
  
 
  	
  
 
  
	
  
 
  	
  
(d)
  	
  
causing a material beach of any other provision of this Agreement;
  
	
  
 
  	
  
 
  	
  
 
  
	
   
  	
  
(e)
  	
  
failing to continue in effect any material Executive benefit plan,   program, or arrangement in which Executive was previously participating (or   plans, programs or arrangements providing Executive with substantially   similar benefits) unless such plans have been altered for the majority of   other Company executives;
  

provided, however, that any such action referred to in subparagraphs 9(a) to 9(e) by the Company shall not constitute Good Reason unless the Company has failed to substantially cure such action within thirty (30) days following the delivery by Executive of written notice to the Company specifying in reasonable detail the nature of the claimed action.  It will constitute Good Reason if the Company takes such actions referred to in subparagraphs 9(a) to 9(e) again after having done so once before, notwithstanding the failure on the Company’s part was cured on the first occasion.

	
  
 
  	
  
(f)
  	
  
the termination of Executive’s employment following a Change in   Control, provided that Executive provides notice of his termination within   365 days of the Change in Control;
  
	
  
 
  	
  
 
  	
  
 
  
	
   
  	
  
(g)
  	
  
any other material breach by the Company of the terms of this   Agreement.
  

6

For purposes of this Agreement a Change in Control shall mean:

	
  
 
  	
  
(a)
  	
  
If any   change in the control of the Company results in any person or entity having   more than 50% beneficial ownership or control of the Company’s outstanding   common stock;
  
	
  
 
  	
  
 
  	
  
 
  
	
  
 
  	
  
(b)
  	
  
If any “Person” or group of Persons (as such   terms are used in Sections 13(d) and 14(d) (2) of the Securities and Exchange Act), shall   become the beneficial owner (within the meaning of Rule 13(d) (3) under the Exchange Act) of fifty percent (50%) or   more of the outstanding common stock (a “Fifty   Percent Beneficial Owner”) of the Company;
  
	
   
  	
  
 
  	
  
 
  
	
  
 
  	
  
(c)
  	
  
If there   shall be consummated a consolidation or merger of Company, in which Company   is not the continuing or surviving corporation or other entity, other than a   consolidation or merger of the Company in which immediately after the   transaction, (A) the holders of shares of the Company common stock   immediately prior to the consolidation or merger have at least fifty percent   (50%) of the total voting power of the surviving corporation or other entity,   (B) at least a majority of the then Board of Directors of the resulting   corporation or other entity were members of the Incumbent Board, being the   Board of  Directors after a   consolidation or merger of the Company, (C) no person or entity is a Fifty Percent   Beneficial Owner of the continuing or surviving corporation or other entity;   and
  
	
  
 
  	
  
 
  	
  
 
  
	
  
 
  	
  
(d)
  	
  
If there   shall be consummated a sale, lease, exchange or other transfer (in one   transaction or a series of related transactions) of all, or substantially   all, of the assets of the Company.
  

          10.        Executive’s Death or Disability

                       In the event of the Executive’s death or disability, any sums due to Executive under any Section of this Agreement will be distributed to his estate or as he or his representatives direct.  The amounts due to the Executive in the event of his death or disability will be consistent with Company policy for other executives, however, in the case of death no notice or payment in lieu of notice is required and in the case of disability, 90 days notice is required and any payments which would otherwise be made after death will be accelerated to be made as soon as possible thereafter.  Executive’s disability means, for purposes of this Agreement, such physical or mental incapacity of Executive that renders him completely unable to perform his responsibilities hereunder during any consecutive period of 90
days or aggregate period of 180 days within any 12-month period, as determined by an independent physician agreed to by the Board and Executive.

          11.        Board Role

                       For greater certainty, termination of the Executive’s employment role is independent of his role on the Board of Directors or its Strategic Planning Committee.

7

          12.       Termination by Executive without Cause or Good Reason after December 31, 2006

                       Notwithstanding the anticipation of Executive’s continued employment after 2006, the Executive may terminate all employment obligations during 2007 upon 90 days notice.  For the period of ninety days after delivery of the notice through to termination, compensation will continue to be paid in accordance with this Agreement.  After termination no further amounts will be paid except for an additional 12 months salary and benefits at what ever the rate of pay was during 2006. 

                       For greater clarity, in addition should Executive decide not to continue in an executive capacity post 2006 by his own choice or because he and the company failed to reach mutually acceptable continued employment terms with the Company, he will receive a severance equal to his 2006 remunerations including salary and benefits at what ever the rate of pay was in effect during 2006. 

          13.        Return of Company Property  

                       All records, designs, patents, business plans, financial statements, manuals, memoranda, lists and other property delivered to or compiled by Executive by or on behalf of the Company or any of the Companies or their representatives, vendors or customers which pertain to the business of the Company or any of the Companies shall be and remain the property of the Company or the Companies, as the case may be, and be subject at all times to their discretion and control.  Likewise, all correspondence, reports, records, charts, advertising materials and other similar data pertaining to the business, activities or future plans of the Company or the Companies which is collected by Executive shall be delivered promptly to the Company without request by it upon termination of Executive’s employment.

          14.        Inventions  

                       Executive shall disclose promptly to the Company any and all significant conceptions and ideas for inventions, improvements and valuable discoveries, whether patentable or not, which are conceived or made by Executive, solely or jointly with another, during the period of employment, if conceived during employment, and which are directly related to the business or activities of the Company and which Executive conceives as a result of his employment by the Company.  Executive hereby assigns and agrees to assign all his interests therein to the Company or its nominee.  Whenever requested to do so by the Company, Executive shall execute any and all applications, assignments or other instruments that the Company shall deem necessary to apply for and obtain Letters Patent of the United States or any foreign country or
to otherwise protect the Company’s interest therein.

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          15.        Indemnification 

                       In addition to any separate agreements between Executive and the Company relating to indemnification, or any indemnification provided under the Company’s articles of incorporation, or by-laws, the Company will defend, indemnify and hold harmless Executive, to the fullest extent permitted by applicable law, with respect to any liability, damage, cost or expense (including reasonable counsel fees) incurred in connection with the defense of any claim, action, suit or proceeding to which he is party, or threatened with suit or claim, by reason of his being or having been an officer or director of the Company or any subsidiary or affiliate of the Company, or his serving or having served at the request of the Company as a director, officer, employee or agent of another corporation of a partnership, joint venture, trust,
business organization, enterprise or other entity, including service with respect to employee benefit plans.  In addition, Company shall advance to Executive any expenses required to defend any action, suit or proceeding subject to refund to the Company as provided by applicable Florida Law.

          16.        Arbitration

                       Any controversy or claim arising out of or relating to this Agreement or to the breach thereof pursuant to Executive’s employment by the Company shall be settled exclusively by binding arbitration conducted in Orlando, Florida in accordance with the Employment Rules of the American Arbitration Association then in effect, by a single independent arbitrator selected mutually by the Company and Executive.  If the parties cannot agree on an arbitrator, within 30 days of commencement of an arbitration proceeding hereunder, either party may request that the American Arbitration Association select a candidate in accordance with the rules.  The decision of the arbitrator shall be final and binding.  Judgment upon the award rendered by the arbitrator may be entered in any court having jurisdiction
thereof.  The initial filing fees for any arbitration proceeding conducted hereunder shall be borne by the Company, unless otherwise determined by the arbitrator. 

          17.        Litigation or Arbitration Expenses

                       In any action or dispute, at law or in equity, that may arise under or otherwise relate to the terms of this Agreement, the prevailing party will be entitled to full reimbursement of his or its litigation or arbitration expenses from the other party.  Litigation and arbitration expenses include attorney’s fees, defense costs, witness fees and other related expenses including paralegal fees, travel and lodging expenses and costs, through trial and appeal, and/or through the finalization of the arbitration and the entering of the arbitrators award.  Reimbursement is due within 30 days of written notice after prevailing.

          18.        Definitions

	
  
 
  	
  
(a)
  	
  
“Business Records”, with   respect to a Person, means all business and financial records of or relating   to the Person or the Person’s business (whether or not recorded on computer)   including but not limited to customer lists, lists of suppliers, surveys,   plans and specifications, information about personnel, purchasing and   internal cost information, operating manuals, engineering standards and   specifications, marketing and development plans, price and cost data, price   and fee amounts, pricing and billing policies, quoting procedures, marketing   techniques and methods of obtaining business, forecasts and forecast   assumptions and volumes, and future plans and potential strategies, contracts   and their contents, customer or client services, data provided by customers   or clients and the type, quantity and specifications of products and services   purchased, leased, licensed or received by customers or clients of the Person   or
any subsidiary of the Person;
  

9

	
  
 
  	
  
(b)
  	
  
“Confidential Information”,   with respect to a Person, means all information and facts (including   Intellectual Property and Business Records) relating to the business or   affairs of the Person and the subsidiaries of the Person or their respective   customers, clients or suppliers that are confidential or proprietary, whether   or not such information or facts: (i) are reduced to writing; (ii) were   created or originated by an employee; or (iii) are designated or marked as   “confidential” or “proprietary” or some other designation or marking. For   greater certainty, Confidential Information includes, but is not limited to:
  

	
  
 
  	
  
(i)
  	
  
work product resulting from or relating to work or projects performed   or to be performed by an employee, including but not limited to interim and   final lines of inquiry, hypotheses, research and conclusions and the methods,   processes, procedures, analyses, techniques and audits used in connection   with research and conclusions;
  
	
   
  	
  
 
  	
  
 
  
	
  
 
  	
  
(ii)
  	
  
computer software of any type or form and in any stage of actual or   anticipated development, including but not limited to, programs and program   modules, routines and subroutines, procedures, algorithms, design concepts,   design specifications (design notes, annotations, documentation, flowcharts,   coding sheets, and the like), source code, object code and load modules,   programming, program patches and system designs;
  
	
  
 
  	
  
 
  	
  
 
  
	
  
 
  	
  
(iii)
  	
  
all information which becomes known to an employee as a result of the   employee’s employment by the Person or any of the Person’s subsidiaries,   which the employee, acting reasonably, believes or ought to believe is   confidential or proprietary information from its nature, or from the   circumstances surrounding its disclosure to the employee;
  
	
  
 
  	
  
 
  
	
  
 
  	
  
With respect to the employment of the Executive by the Corporation,   Confidential Information does not include the general skills and experience   gained during the Executive’s employment or engagement with the Corporation   or any of the Subsidiaries which the Executive could reasonably have been   expected to acquire in similar employment or engagements with other   employers;
  

10

	  
	 (c)
	 “Intellectual Property” means all intellectual property including but not limited to trade marks and trade mark applications, trade names, certification marks, patents and patent applications, copyrights, know-how, formulae, processes, inventions, technical expertise, research data, trade secrets, industrial designs and other similar property, and all registrations and applications for registration thereof, and includes computer software, formulae, processes, patterns, discoveries, devices or compilations of information (including production data, technical and engineering data, test data and test results, and the status and details of research and development of products and services);

	 
	  
	  

	
  
 
  	
  
(d)
  	
  
“Person” means any   individual, partnership, limited partnership, joint venture, syndicate, sole   proprietorship, company or corporation with or without share capital,   unincorporated association, trust, trustee, executor, administrator or other   legal personal representative, regulatory body or agency, government or   governmental agency, authority or entity however designated or constituted;
  
	
   
  	
  
 
  	
  
 
  
	
  
 
  	
  
(e)
  	
  
“Subsidiaries” means all   business entities owned in whole or part by the Company.
  

          19.        Non-Competition Agreement

	
  
 
  	
  
(a)
  	
  
Executive recognizes that the Company’s willingness to enter into   this Agreement is based in material part on Executive’s agreement to the   provisions of this Section 19 and that Executive’s breach of the provisions   of this Section 19 could materially damage the Company.  Subject to the further provisions of this   Agreement and in consideration of the Company’s agreement to provide   Executive access to Confidential Information as defined below, Executive will   not, during the term of his employment with the Company, and for a period of   five (5) years (unless a lesser period is specified hereafter) immediately   following the termination by the Company of such employment for Cause or in   the event Executive terminates his employment without Good Reason or in the   event Executive is entitled to a Severance Payment in connection with his   termination and such Severance Payment is timely paid directly or indirectly,   for himself
or on behalf of or in conjunction with any other person, company,   partnership, corporation or business of whatever nature:
  

	
  
 
  	
  
(i)
  	
  
engage, as an employee, officer, director, shareholder, owner,   partner, joint venturer, or in any managerial capacity, whether as an   employee, independent contractor, consultant or advisor, or as a sales   representative, in any business in direct competition with the Company or any   majority-owned subsidiary or affiliate of the Company (collectively, the   “Companies”);
  
	
  
 
  	
  
 
  	
  
 
  
	
  
 
  	
  
(ii)
  	
  
for a period of two (2) years call upon any person who is, at that   time, an employee of any of the Companies for the purpose or with the intent   of enticing such employee away from or out of the employ of any of the   Companies;
  

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(iii)
  	
  
call upon any person or entity which is, at that time, or which has   been, within one year prior to that time, a customer of any of the Companies   for the purpose of soliciting or selling products or services in direct   competition with any of the Companies;
  
	
  
 
  	
  
 
  	
  
 
  
	
  
 
  	
  
(iv)
  	
  
call upon any prospective acquisition candidate, on Executive’s own   behalf or on behalf of any competitor, which candidate was, to Executive’s   knowledge, within the preceding one year, either called upon by any of the   Companies or for which any of the Companies made an acquisition analysis, for   the purpose of acquiring such entity; or
  
	
  
 
  	
  
 
  	
  
 
  
	
  
 
  	
  
(v)
  	
  
disclose customers, whether in existence or proposed, of any of the   Companies to any person, firm, partnership, corporation or business for any   reason or purpose whatsoever except to the extent that any of the Companies   has in the past disclosed such information to the public for valid business   reasons.
  

                       Notwithstanding the above, the foregoing covenant shall not be deemed to prohibit Executive from acquiring as an investment (i) not more than 1% of the capital stock of a competing business, whose stock is traded on a national securities exchange, the Nasdaq Stock Market or similar market or (ii) not more than 5% of the capital stock of a competing business whose stock is not publicly traded unless the Board consents to such acquisition.

	
  
 
  	
  
(b)
  	
  
Because of the difficulty of measuring economic losses to the Company   as a result of a breach of the foregoing covenant, and because of the   immediate and irreparable damage that could be caused to the Company for   which it would have no other adequate remedy, Executive agrees that foregoing   covenant may be enforced by the Company, in the event of breach by him, by   injunctions and restraining orders.
  
	
  
 
  	
  
 
  	
  
 
  
	
  
 
  	
  
(c)
  	
  
It is agreed by the parties that the foregoing covenants in this   Section 19 impose a reasonable restraint on Executive in light of the   activities and business of the Companies on the date of the execution of this   Agreement and the current plans of the Companies; but it is also the intent   of the Company and Executive that such covenants be construed and enforced in   accordance with the changing activities, business and locations of the   Companies throughout the term of this Agreement.  Following the termination by the Company of Executive’s   employment for Cause or the termination by Executive of his employment   without Good Reason or in the event Executive is entitled to a Severance   Payment in connection with his termination and such Severance Payment is   timely paid, the covenants in this Section 19 will apply only with respect to   the activities, business and locations of the Companies on the effective date   of such
termination.
  

12

	
  
 
  	
  
(d)
  	
  
The covenants in this Section 19 are severable and separate, and the   unenforceability of any specific covenant shall not affect the provisions of   any other covenant.  Moreover, in the   event any court of competent jurisdiction shall determine that the scope,   time or territorial restrictions set forth are unreasonable, then it is the   intention of the parties that such restrictions be enforced to the fullest   extent which the court deems reasonable, and the Agreement shall thereby be   reformed.
  
	
  
 
  	
  
 
  	
  
 
  
	
  
 
  	
  
(e)
  	
  
All of the covenants in this Section 19 shall be construed as an   agreement independent of any other provision in this Agreement, and the   existence of any claim or cause of action of Executive against the Company,   whether predicated on this Agreement or otherwise, shall not constitute a   defence to the enforcement by the Company of such covenants. It is   specifically agreed that the period of five (5) years, following termination   by the Company of Executive’s employment for Cause or the termination by   Executive of his employment without Good Reason or in the event Executive is   entitled to a Severance Payment in connection with his termination and such   Severance Payment is timely paid during which the agreements and covenants of   Executive made in this Section 19 shall be effective, shall be excluded from   such computation any time during which Executive is in violation of any   provision of this Section 19.
  
	
   
  	
  
 
  	
  
 
  
	
  
 
  	
  
(f)
  	
  
The Company and Executive hereby agree that this covenant is a   material and substantial part of this Agreement.
  
	
  
 
  	
  
 
  	
  
 
  
	
  
 
  	
  
(g)
  	
  
The parties agree that the covenants in this Section 19 shall apply   in the event this Agreement expires without renewal.
  
	
  
 
  	
  
 
  	
  
 
  
	
  
 
  	
  
(h)
  	
  
Notwithstanding any provision herein to the contrary, in the event   the covenants in this Section 19 apply because Executive is entitled to a   Severance Payment, the duration of such covenants following the termination   of Executive’s employment shall not exceed the greater of (i) the balance of   the term of this Agreement at the time of termination or (ii) five (5) years.
  

          20.        Confidentiality

	
  
 
  	
  
(a)
  	
  
All Confidential Information of the Corporation, the Subsidiaries,   and their respective customers and clients, whether it is developed by the   Executive during the Employment Period or by others employed or engaged by or   associated with the Corporation or any of the Subsidiaries, is the exclusive   property of the Corporation, any of the Subsidiaries or their respective   customers or clients, and shall at all times be regarded, treated and   protected as such, as provided in this Agreement.
  
	
  
 
  	
  
 
  	
  
 
  
	
  
 
  	
  
(b)
  	
  
As a consequence of the acquisition of Confidential Information, the   Executive will occupy a position of trust and confidence with respect to the   affairs and business of the Corporation, the Subsidiaries, and their   customers and clients.  In view of the   foregoing, the Executive agrees that it is reasonable and necessary for the   Executive to make the following covenants regarding the Executive’s conduct   during and subsequent to the Employment Period:
  

13

	
  
 
  	
  
(i)
  	
  
The Executive shall not disclose Confidential Information of the   Corporation, the Subsidiaries, or their respective customers or clients to   any Person (other than as necessary in carrying out the Executive’s duties on   behalf of the Corporation) at any time during or subsequent to the Employment   Period without first obtaining the Corporation’s consent, and the Executive   shall take all reasonable precautions to prevent inadvertent disclosure of   any such Confidential Information. This prohibition includes, but is not   limited to, disclosing or confirming the fact that any similarity exists   between such Confidential Information and any other information.
  
	
  
 
  	
  
 
  	
  
 
  
	
  
 
  	
  
(ii)
  	
  
The Executive shall not use, copy, transfer or destroy any   Confidential Information of the Corporation, the Subsidiaries, or their   respective customers or clients (other than as necessary in carrying out the   Executive’s duties on behalf of the Corporation) at any time during or   subsequent to the Employment Period without first obtaining the Corporation’s   consent, and the Executive shall take all reasonable precautions to prevent   inadvertent use, copying, transfer or destruction of any such Confidential   Information. This prohibition includes, but is not limited to, licensing or   otherwise exploiting, directly or indirectly, any products or services which   embody or are derived from such Confidential Information or exercising   judgment or performing analysis based upon knowledge of such Confidential   Information.
  
	
   
  	
  
 
  	
  
 
  
	
  
 
  	
  
(iii)
  	
  
Within five days after the termination of the Executive’s employment   by the Corporation on any basis, or of receipt by the Executive of the   Corporation’s written request, the Executive shall promptly deliver to the   Corporation all property of or belonging to or administered by the   Corporation or any of the Subsidiaries including without limitation all   Confidential Information of the Corporation, the Subsidiaries and their   respective customers and clients that is embodied in any way, whether   physical, or in electronic, magnetic, optical or other ephemeral form, and   that is in the Executive’s possession or under the Executive’s control.
  

	
  
 
  	
  
(c)
  	
  
The Executive acknowledges and agrees that the obligations under this   Section 20 are to remain in effect in perpetuity.
  
	
  
 
  	
  
 
  	
  
 
  
	
   
  	
  
(d)
  	
  
Nothing in this Section 20 shall preclude the Executive from   disclosing or using Confidential Information of the Corporation, the   Subsidiaries, or their respective customers and clients at any time if:
  

14

	
  
 
  	
  
(i)
  	
  
such Confidential Information is available to the public or in the   public domain at the time of such disclosure or use, without breach of this   Agreement; or
  
	
  
 
  	
  
 
  	
  
 
  
	
  
 
  	
  
(ii)
  	
  
disclosure of such Confidential Information is required to be made by   any law, regulation, governmental body, or authority or by court order   provided that before disclosure is made, notice of the requirement is   provided to the Corporation, and to the extent possible in the circumstances,   the Corporation is afforded an opportunity to dispute the requirement; or
  
	  
	  
	  

	
   
  	
  
(iii)
  	
  
such Confidential Information becomes available to the Executive on a   non-confidential basis from a source other than the Corporation, the   Subsidiaries, or their respective customers or clients without breach of this   Agreement.
  

          21.        Representations and Warranties

	
  
 
  	
  
(a)
  	
  
The obligations of the Executive as set forth in Sections 19 and 20   of this Agreement will be deemed to have commenced as of the date on which   the Executive was first employed by the Corporation.
  
	
  
 
  	
  
 
  	
  
 
  
	
  
 
  	
  
(b)
  	
  
The Executive understands that the Corporation and the Subsidiaries   have expended significant financial resources in developing their products   and services and their Confidential Information.  Accordingly, a breach or threatened breach by the Executive of   any of Sections 1 and 20 could   result in unfair competition with the Corporation and could result in the   Corporation suffering irreparable harm that can neither be calculated nor   fully or adequately compensated by the recovery of damages alone.   Accordingly, the Executive agrees that the Corporation will be entitled to   interim and permanent injunctive relief, specific performance and other   equitable remedies, in addition to any other relief to which the Corporation   may become entitled.
  
	
   
  	
  
 
  	
  
 
  
	
  
 
  	
  
(c)
  	
  
The Executive acknowledges and agrees that the obligations under each   of Sections 19 and 20 are to remain in effect in accordance with each of   their terms and will exist and continue in full force and effect despite any   breach or repudiation, or alleged breach or repudiation, of this Agreement or   the Executive’s employment (including, without limitation, the Executive’s   wrongful dismissal) by the Corporation.
  

          22.        Miscellaneous

	
  
 
  	
  
(a)
  	
  
Entire Agreement.  This Agreement embodies the entire Agreement and understanding   between the Company and Executive relating to the subject matter hereof.  This Agreement supersedes and cancels all   prior agreements between the Company and Executive, whether written or oral,   relating to the employment of Executive.
  

15

	
  
 
  	
  
(b)
  	
  
Governing Law.  This Agreement is governed by the laws of the State of   Florida.  In any action arising out of   this Agreement, the parties stipulate and agree that the federal and or state   courts serving Orange County, Florida shall have exclusive jurisdiction, and   venue shall be proper therein.
  
	
  
 
  	
  
 
  	
  
 
  
	
  
 
  	
  
(c)
  	
  
Severability.  If any of the provisions of this Agreement are held invalid for   any reason, the remainder will not be affected and will remain in full force   and effect in accordance with its terms.
  
	
  
 
  	
  
 
  	
  
 
  
	
  
 
  	
  
(d)
  	
  
Notice.    Any notice, request, or instruction to be given hereunder shall be in   writing and shall be deemed given when personally delivered or sent by   telecopy transmission or three (3) days after being sent by United States   mail, postage prepaid to the parties at their respective address set forth   below.
  

	
  
 
  	
  
(i)
  	
  
To the Company:
  
	
  
 
  	
  
 
  	
  
 
  
	
  
 
  	
  
 
  	
  
FARO   TECHNOLOGIES, INC.
  
	
  
 
  	
  
 
  	
  
Attention:  Chief Financial   Officer
  
	
  
 
  	
  
 
  	
  
125   Technology Park
  
	
  
 
  	
  
 
  	
  
Lake Mary, FL    32746
  
	
   
  	
  
 
  	
  
 
  
	
  
 
  	
  
(ii)
  	
  
To   Executive:
  
	
  
 
  	
  
 
  	
  
 
  
	
  
 
  	
  
 
  	
  
Simon Raab
  
	
  
 
  	
  
 
  	
  
FARO   Technologies, Inc.
  
	
  
 
  	
  
 
  	
  
125   Technology Park
  
	
  
 
  	
  
 
  	
  
Lake Mary, FL    32746
  

	
  
 
  	
  
(e)
  	
  
Amendment and Waiver.  No   waiver of any provision of this Agreement will be valid unless in writing and   signed by the person against whom it is sought to be enforced.  The failure by either party to insist upon   strict performance of any provision will not be construed as a waiver or   relinquishment of the right to insist upon strict performance of the same   provision at any other time, or any other provision of this Agreement.
  
	
  
 
  	
  
 
  	
  
 
  
	
  
 
  	
  
(f)
  	
  
Survival of Rights and Obligations.    All post-termination rights and obligations   of the Executive and the Company pursuant to this Agreement survive the   termination of this Agreement.  This   Agreement shall inure to the benefit of successors and assigns.
  
	
  
 
  	
  
 
  	
  
 
  
	
  
 
  	
  
(g)
  	
  
Further Assurances.  Each   party hereto shall cooperate and shall take such further action and shall   execute and deliver such further documents as may be reasonably necessary in   order to carry out the provisions and purposes of this Agreement.
  

16

	
  
 
  	
  
(h)
  	
  
No Strict Construction.  The parties have jointly participated in   the negotiation and drafting of this Agreement. In the event an ambiguity or   question of intent or interpretation arises, this Agreement shall be   construed as if drafted jointly by the parties hereto, and no presumption or   burden of proof shall arise favoring or disfavoring any party by virtue of   the authorship of any of the provisions of this Agreement.
  
	
  
 
  	
  
 
  	
  
 
  
	
  
 
  	
  
(i)
  	
  
Counterparts.  This   Agreement may be executed in multiple counterparts, each of which is an   original but which shall together constitute one and the same instrument.
  
	
  
 
  	
  
 
  	
  
 
  
	
   
  	
  
(j)
  	
  
Effective Date.  This   effective date of this Agreement shall be January 1, 2006, regardless of the   actual date of signature or commencement of employment.
  
	
  
 
  	
  
 
  	
  
 
  
	
  
 
  	
  
(k)
  	
  
Notice of Termination.  If and when the Company wishes to   terminate this Agreement it will issue a written notice of termination   specifying the detail of its intentions and grounds for termination (“Notice of Termination”).
  
	
  
 
  	
  
 
  	
  
 
  
	
  
 
  	
  
(l)
  	
  
Notice Period.  The   time between the delivery of the Notice of Termination and the date of   termination specified in the Company’s Notice of Termination (“Notice   Period”).
  

                       IN WITNESS WHEREOF the parties have executed this Agreement effective the day and year set forth above.

	
  
 
  	
  
FARO TECHNOLOGIES, INC.
  
	
  
 
  	
  
 
  
	
  
 
  	
  
 
  
	
  
 
  	
  
By:
  	
  
/s/ Jay Freeland
  
	
  
 
  	
  
 
  	
  
 
  
	
  
 
  	
  
 
  	
  
 
  
	
  
 
  	
  
 
  	
  
/s/ SimonRaab
  
	
  
 
  	
  
 
  	
  

  
	
   
  	
   
  	
  SIMON RAAB
  

17

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