Document:

Imagistics International Inc.

Exhibit 10.7  

EMPLOYMENT AGREEMENT  

          AGREEMENT,
 entered into as of the 8th day of January 2005 between Imagistics  International  Inc.,
a Delaware  corporation (“Company”) and Chris C. Dewart, currently residing at 192
Newtown Turnpike, Westport, CT  06880, Connecticut (“Executive”);  

          WHEREAS,
the Company desires to employ Executive as its Vice President, Sales upon the terms and
conditions set forth herein and Executive is willing to be so employed;  

          NOW,
THEREFORE, in consideration of the promises and the agreements contained herein, the
Company and Executive hereby agree as follows:  

          1.
      Term of Employment. Company shall employ Executive under this Agreement, and
Executive hereby accepts such employment, for the period commencing on the date hereof
(the “Effective Date”) and ending on the third anniversary hereof, unless Executive is
given notice by Company of its intention to extend or renew the term of this Agreement
within 120 days of the expiration of the initial term, or unless the Agreement is
terminated sooner in accordance with the provisions of Section 5. The initial term and
any renewal term shall be referred to as the “Term of Employment”.  

          2.
      Position and Duties.   During the Term of Employment:  

          (A)
     Executive shall serve as an executive officer of the Company, and shall have such
authority and duties (the “Duties”) as may be assigned to him from time to time by the
Chief Executive Officer of the Company (the “CEO”), commensurate with such position.  

          (B)
     Executive will devote all of his business time and attention to the business of the
Company in performing such Duties and promoting the interests and goodwill of the Company.  

          (C)
     Executive may serve on corporate, civic or charitable boards or committees, deliver
lectures, fulfill speaking engagements, teach at educational institutions or manage
personal investments, provided in each case that such activities do not individually or
in the aggregate interfere with the performance of his Duties under this Agreement;
provided, however, that Executive shall obtain the prior written consent of the CEO for
service on any for-profit board or committee.  

          3.
      Base Salary.   Commencing as of the Effective Date, the Company shall pay
Executive an annualized salary of Two Hundred Fifty Thousand Dollars ($250,000.00) (the
“Base Salary”) in accordance with its regular payroll practices, subject to applicable
tax withholding.  Executive’s performance shall be reviewed annually by the CEO or the
COO.  Executive’s Base Salary may be reviewed for increase in the discretion of the Board
of Directors of the Company (the “Board”) after consultation with the CEO. Base Salary,
as adjusted, shall be considered the new Base Salary for all purposes of this Agreement
and shall not thereafter be reduced.  

          4.
      Annual Cash Incentive. Executive shall be eligible, as determined by the
Committee in its discretion, for an annual performance cash bonus (“Annual Bonus”) in
accordance with the terms of the Company’s Key Employees’ Incentive Plan, as it may be
amended or restated from time to time (“KEIP”).   To the extent earned, Executive shall
be paid his Annual Bonus at the same time that other senior-level executives receive
their awards.  

          5.
      Termination.  

          (A)
     Due to Executive’s Death or Disability or Retirement.   If Executive’s
employment terminates during the Term of Employment due to Executive’s death, Disability,
or Retirement, as defined in the 2001 Stock Plan, Company shall provide Executive,
Executive’s estate or beneficiaries, as applicable, with: (i) continuation of Base Salary
for three (3) full months following the month in which Executive’s Termination Date
occurs; (ii) a Pro-rata Annual Bonus; (iii) the right to exercise each outstanding stock
option for the full remaining term of such option, all such options to be deemed fully
vested and exercisable as of the date of Executive’s Termination Date;(iv) payment of
outstanding restricted stock awards, all such restricted stock to be deemed fully vested
as of Executive’s Termination Date; (v) such benefits as Executive may be entitled to
under any applicable employee benefit plan or program of the Company including, continued
participation in any welfare benefit plan, but only to the extent provided under the
terms of any plan or policy applicable to senior executive employees; and (vi) any other
entitlements described in Section 5(C).  

          (B)
     Termination In Connection with a Change in Control.   If Executive’s employment
is terminated by Company without Cause, other than for death or Disability, or Executive
terminates for Good Reason, and in each case such termination occurs within two (2) years
following a Change in Control, Company shall provide Executive with:  (i) a lump sum
amount in immediately available funds equal to two times the Executive’s annualized Base
Salary, plus two times the Executive’s full maximum Annual Bonus for the year in which
the Termination Date occurs; (ii) immediate vesting in, and the right to exercise, each
outstanding stock option for the Severance Period following the Termination Date; (iii)
immediate vesting and payment of restricted stock as of the Termination Date; (iv) the
continuation for the Severance Period of the health, welfare, savings, retirement and
other fringe benefits to which Executive is entitled as of the Date of Termination (or,
if such benefits are not available, or cannot be provided due to applicable law, a lump
sum amount equal to the after-tax economic equivalent thereof; provided that with respect
to any benefit to be provided on an insured basis, such value shall be the present value
of the premiums expected to be paid for such coverage, and with respect to other
benefits, such value shall be the present value of the expected net cost to the Company
of providing such benefits); and (v) the entitlements described in Section 5(C).  

          (C)
     Other Termination Benefits; No Mitigation Required.   In addition to any amounts
or benefits payable under this Section 5, upon termination for any reason, Executive
shall be entitled (i) to payment of his or her Base Salary through the Termination Date;
(ii) any payments or benefits provided under the terms of any Company benefit plan,
program or policy, or as required by applicable law, and (iii) prompt payment, when due,
of all amounts owing under the Agreement.  Any COBRA rights that Executive (or any other
qualified beneficiary) has shall run concurrently with the health insurance benefit
continuation provisions, if any, otherwise applicable in this Section 5. The Company
agrees that Executive is not required to seek other employment, or to mitigate the
amounts payable under this Agreement. No compensation earned from subsequent employment
will reduce any amount payable hereunder.  However, Executive shall notify Company,
within 30 days, of becoming covered under another group health plan of a subsequent
employer, and the health benefit coverage provided hereunder will become secondary to any
such coverage provided by another employer.  

          6.
      Excise Tax Gross-Up.  If any payment to Executive pursuant to this Agreement or
any other payment or benefit from the Company, any Affiliate, any shareholder of the
Company or any other person is determined to be subject to the excise tax imposed by
Section 4999 of the Code or any similar tax payable under any United States federal,
state, local or other law (the “Excise Tax”), then Executive shall receive a Tax Gross-Up
Payment with respect to all such excise taxes and similar taxes. The “Tax Gross-Up
Payment” shall mean an amount payable to the Executive such that, after payment of all
federal, state and local taxes on such Tax Gross-Up Payment, there remains a balance
sufficient to pay the Excise Tax being reimbursed.  The Company’s outside auditor (the
“Auditor”) shall determine whether any payment under this Agreement is subject to an
Excise Tax and, if so, the amount and timing of the Tax Gross-Up Payment.  The foregoing
notwithstanding, if any payments subject to the Excise Tax exceed the amount that may be
paid to Executive without the imposition of the Excise Tax (the “Allowable Amount”) by an
amount which is not more than 10% of the Allowable Amount, the Executive shall relinquish
the right to receive such payments to the extent and only to the extent that such
payments exceed the Allowable Amount.  In the event that Executive is required to
relinquish a portion of the compensation otherwise due Executive by application of the
immediately preceding sentence, compensation shall be relinquished in the following order
i) stock option acceleration commencing with options having the highest exercise price,
ii) the accelerated vesting of restricted stock or other equity awards and iii) cash
compensation.  

          7.
      Non-Compete; Non-Solicitation; Confidentiality and Non-Disparagement.  Executive
agrees that:  

          (A)
     Non-compete and Non-solicitation.   At no time during the Term of Employment,
nor during any Severance Period following Executive’s Termination Date, will Executive:  

	  	          (i)
     become employed by, enter into a consulting arrangement with, or otherwise agree to
perform personal          services for a Competitor;  

	  	          (ii)
    manage, acquire an ownership interest in, participate in the management or ownership
of, or otherwise be          connected in any material manner with a Competitor,
provided, however that nothing herein shall prevent Executive from          acquiring up
to 5% of any class of outstanding equity securities of any company whose equity
securities are regularly          traded on a national securities exchange or in an
“over-the-counter market”;  

	  	          (iii)
   directly or indirectly employ, or seek to employ or secure the services in any
capacity of, any person          employed at that time by Company or any of its
Affiliates, or otherwise encourage or entice any such person to leave such
         employment;  

	  	          (iv)
    solicit any customers or vendors of Company on behalf of, or for the benefit of a
Competitor.  

          (B)
     Non-disclosure.   At no time during the Term of Employment, nor thereafter, will
Executive, without prior written consent of Company, divulge, disclose or make accessible
to any person or entity any confidential non-public document or information concerning
the business or affairs of the Company that he has acquired in the course of his
employment hereunder, except (i) to the Company or to any authorized (or apparently
authorized) agent or representative of Company, (ii) in connection with performing his
Duties under this Agreement, or (iii) when required to do so by law or by legal process.
These restrictions shall not apply to any document or information (i) that has previously
been disclosed to the public, or is in the public domain, other than as a result of the
Executive’s breach of this covenant or (ii) is known or generally available within any
trade or industry of Company.  

          (C)
     Non-disparagement.   At no time during the Term of Employment, nor thereafter,
will Executive knowingly make any written or oral statement that disparages Company or
its Affiliates in communications with any customer, client, or the public.  

Executive acknowledges and agrees
that, of the total payments and benefits to which Executive would be entitled under
Section 5(B) above, an amount equal to one times Executive’s annualized Base Salary, plus
the Executive’s full Maximum Annual Bonus for the year in which the Termination Date
occurs, shall be deemed to be paid on account of and in consideration for the covenants
of Executive contained in clauses (A), (B) and (C) of this Section 7.  In the event that
Executive is determined to have materially violated such covenants, Executive shall be
obligated to immediately repay such amounts upon demand by the Company. Executive
acknowledges that the restraints of this Section 7 are reasonable and that monetary
damages would not provide an adequate remedy for the Company in the event of a breach of
this Section. Executive thus agrees that Company is entitled to an injunction preventing
such breach, in addition to any other legal remedies Company may have.  Further, if a
court with jurisdiction determines that any restraint contained in this Section is
unenforceable, then the provisions of this Section shall be deemed amended to the extent
necessary to render them enforceable.  

          8.
      Cooperation.  Following Executive’s Termination Date, Executive will cooperate
with, and assist, the Company to ensure a smooth transition in management and, if
requested by Company, will make himself available to consult during regular business
hours at mutually agreed upon times for up to a 3 month period thereafter. At any time
following his Termination Date, Executive will provide such information as Company may
reasonably request with respect to any Company-related transaction or other matter in
which the Executive was involved in any way while employed by Company. Executive further
agrees, during the Term of Executive’s Employment and thereafter, Executive will assist
and cooperate with Company in connection with the defense or prosecution of any claim
that may be made against, or by, Company or its Affiliates, in connection with any
dispute or claim of any kind involving Company or its Affiliates, including providing
testimony in any proceeding before any arbitral, administrative, judicial, legislative or
other body or agency.  Executive shall be entitled to reimbursement for all properly
documented expenses incurred in connection with rendering services under this Section,
including, but not limited to, reimbursement for all reasonable travel, lodging, meal
expenses, and legal fees, and Executive shall be entitled to a per diem amount for
Executive’s services equal to Executive’s then most recent annualized Base Salary under
this Agreement, divided by 240 (business days).  

          9.
      Indemnification; D&O Insurance.  

          (A)
     Indemnification.   Company shall, to the fullest extent legally permitted or
authorized by the Company’s Articles of Incorporation, By-laws or Board resolutions or by
the laws of the State of Delaware, indemnify Executive against any judgements, fines,
penalties, settlement amounts and reasonable costs and expenses actually incurred
(including legal fees) if Executive is made a party, or is threatened to be made a party,
to any proceeding (i) by reason of the fact that Executive is or was an officer,
director, officer, employee, or agent of Company or its Affiliates or (ii) if any claim
is made or threatened relating to Executive’s service hereunder or in any of the
foregoing capacities. Company shall advance to Executive all costs and expenses incurred
by Executive in connection with any such proceeding or claim within 20 days after
receiving written notice requesting such an advance. Such notice shall include, to the
extent required by applicable law, an undertaking by Executive to repay the amount
advanced if Executive ultimately is determined not to be entitled to indemnification
against such costs and expenses.  

          (B)
     D&O Insurance.   During the Term of Employment and for a period of six years
thereafter, the Company, or any successor to the Company resulting from a Change of
Control, shall keep in place a directors’ and officers’ liability insurance policy (or
policies) providing comprehensive coverage to Executive to the extent that Company
provides such coverage for any other senior executive or director.  

          10.
     Miscellaneous.  

          (A)
     Arbitration.      The parties agree to submit any and all disputes arising from
or relating to this Agreement to arbitration in Connecticut (including, without
limitation, disputes under Title VII, the ADEA, the ADA and analogous State laws) in
accordance with the American Arbitration Association’s National Rules for Resolution of
Employment Disputes.  The determination of the arbitrator(s) will be conclusive and
binding on Company and Executive, and judgment upon the award rendered may be entered by
a court with jurisdiction.  The Company will pay the expenses of such arbitration (e.g.,
filing fees and the cost of the arbitrator), and each party will separately pay for their
counsel fees.  Notwithstanding the foregoing, however, in the event that Executive is the
prevailing party, Company shall reimburse Executive his reasonable expenses including,
without limitation, attorneys’ fees, fees and expenses payable to witnesses, and
transcription costs.  

          (B)
     Release.   The payments provided in Section 5(B) are, except as provided in
Section 7, intended as enhanced severance for a termination by the Company without Cause,
or a Termination by the Executive for Good Reason in connection with a Change in Control.
 As a condition of receiving such payments, Executive shall first execute and deliver a
general release of all claims against Company, its Affiliates, agents and employees
(other than any claims or rights pursuant to this Agreement, or equity and employee
benefit plans) in form and substance satisfactory to Company.  

          (C)
     Governing Law.   This Agreement shall be governed by and construed in accordance
with the laws of Connecticut, without reference to principles of conflict of law.  

          (D)
     Entire Agreement.   This Agreement contains the entire understanding and
agreement between the parties concerning the subject matter hereof and supersedes all
prior agreements, understandings and negotiations with respect thereto, whether written
or oral.  

          (E)
     Tax Withholding.   Company may withhold such federal, state and local taxes from
any amounts payable hereunder as may be required to be withheld under applicable law or
regulation.  In the case of Options and Restricted Stock, Executive may pay such
withholding tax obligations pursuant to any method permitted under the terms of Company’s
Stock Plan.  

          (F)
     Severability, Change in Law.       If any provision or portion of this Agreement
is determined to be invalid or unenforceable, the remaining provisions of the Agreement
shall remain in force, and shall be construed in a manner so as to effect the purposes of
this Agreement to the fullest extent permitted by law.  If any change in applicable laws,
regulations or the interpretation thereof coming into effect after the date hereof
materially increases the economic burden on or liability of the Company of providing the
benefits to which Executive is otherwise entitled under this Agreement, the provisions of
this Agreement shall be equitably amended to as nearly as practicable provide such
benefits to Executive without materially increasing such burden or liability.  

          (G)
     Amendment; Waiver.   This Agreement may be amended only in a writing signed by
both parties.  The failure of a party to insist upon strict adherence to any term of this
Agreement on any occasion shall not be considered a waiver of such party’s rights or
deprive such party of the right thereafter to insist upon strict adherence to that term
or any other term of this Agreement.  

          (H)
     Assignment; Successors.   Company may not assign its rights and obligations
under this Agreement without the prior written consent of Executive except to a successor
of Company’s business which expressly assumes Company’s obligations hereunder in writing.
In the event of any sale of assets or liquidation of the Company, the Company shall use
its best efforts to cause such assignee or transferee to expressly assume this Agreement.
This Agreement shall be binding upon and inure to the benefit of Executive, Executive’s
estate and beneficiaries, Company and the successors and permitted assigns of Company.
Executive may not assign, transfer, alienate or encumber any rights or obligations under
this Agreement, except by will or operation of law, and provided that Executive may
designate beneficiaries to receive any payments permitted under the terms of Company’s
benefit plans.  

          (I)
     Beneficiaries.  If Executive dies after having become entitled to any payments
under this Agreement and prior to having received all amounts owed, any amounts remaining
unpaid at Executive’s death shall be paid to Executive’s designated beneficiary or, if
none is designated, to Executive’s estate.  

          (J)
     Captions.  Captions and headings in this Agreement are for convenience of
reference only and do not constitute a part of the Agreement.  

          (K)
     Notices.  All notices shall be in writing and deliver by hand, by
nationally-recognized delivery service that guarantees overnight delivery, or by prepaid
registered or certified mail, addresses as follows:  

	If to the Company: 	Imagistics International Inc.

100 Oakview Drive

Trumbull, CT 06611

Attn: Chairman and CEO

Facsimile #: 203-365-7497 

	If to the Executive: 	Chris C. Dewart

192 Newtown Turnpike

Westport, CT 06880 

(with a copy to the
Executive at the Company’s address)  

          13.
     Definitions.  

          (A)
     “Affiliate” means (i) any entity that, directly or indirectly controls, is
controlled by, or is under common control with, the Company, or (ii) any entity in which
the Company has a significant equity interest, as determined by the Committee.  

          (B)
     “Cause” means the Executive has: (i) been convicted of a felony or entered into
a plea of nolo contendre with respect thereto, or has been convicted of a misdemeanor
involving an act of dishonesty or moral turpitude; (ii) committed fraud, embezzlement or
other dishonesty or breach of business ethics against the Company, or breached
Executive’s duty of loyalty to the Company; (iii) willfully disobeyed the directions of
the Board or the CEO to adhere to the policies or practices of the Company; or (iv)
breached this Agreement in any material respect, if such breach remains uncured.  

          (C)
     “Change of Control” shall have the same meaning as that given the term in
Company’s Stock Plan, as amended from time to time; provided, however, that (I) if
Executive agrees in writing in advance, then no Change of Control shall be deemed to
occur hereunder; and (II) regardless of the definition contained in the Stock Plan, a
Change of Control shall be deemed to occur if the Board, in its discretion, so determines
by a vote of the majority of the then Board members.  

          (D)
     “Committee” means the Executive Compensation and Development Committee of the
Board.  

          (E)
     “Competitor” means a business that directly, or indirectly competes to a
material extent, whether domestically or internationally, with any line of business of
the Company or its Affiliates that was operated by the Company or its Affiliates at the
Termination Date, or any business identified as of the Termination Date, for introduction
into the marketplace pursuant to the strategy most recently approved by Company senior
management, including, without limitation, any business engaged in the development,
manufacture, or distribution (including sales, leasing or rental) of copier equipment,
facsimile equipment, or desktop or network printers.  

          (F)
     “Disabled” means having been determined to be totally disabled under the terms
of the Company’s Long-term Disability Plan.  

          (G)
     “Pro-Rata” shall mean a fraction, the numerator of which is the number of days
that the Executive was employed in the applicable performance period (a fiscal year in
the case of an Annual Bonus) and the denominator of which shall be the number of days in
the applicable performance period.  

          (H)
     “Pro-rata Annual Bonus” means (a) the product of the amount of the Target Annual
Bonus to which Executive would have been entitled if he had been employed by the Company
on the last day of the year that includes the Termination Date and if Executive had
achieved Executive’s Target Performance Goals for such year, multiplied by (b) a fraction
of which the numerator is the numbers of days which have elapsed in such year through the
Termination Date and the denominator is 365.  

          (I)
     “Severance Period” means the period of Base Salary continuation provided for in
Section 5(A) or (B), whichever is applicable. Where Base Salary is paid in a single sum,
the Severance Period shall be the number of months over which such Base Salary would be
attributable if received ratably.  

          (J)
     “Termination by Executive for Good Reason” means termination by Executive of his
employment on 45 days’ written notice given by Executive to Company following the
occurrence, without his prior written consent, of any of the following events, unless the
Company fully cures all grounds for such termination within 30 days after the Executive’s
notice:  

	 	(i)
any reduction in Executive’s Base Salary or any reduction in Executive’s Annual Bonus
opportunity;  

	 	(ii)
any material failure to timely honor any equity or long-term incentive award unless such
award is replaced with          compensation of equal value, or any other material breach
of any of the Company’s obligations, representations or          warranties in this
Agreement;  

	 	(iii)
the assignment to or reduction in scope of, Executive’s duties, responsibilities and
position that are materially          diminished or inconsistent with Executive’s duties,
responsibilities, position and status as an Executive Officer of the          Company in
the position held by Executive immediately preceding the Change in Control, provided,
however, that such          determination shall be made without regard to the title or
reporting relationship of the new position or assignment;  

	 	(iv)
following any Change in Control, any relocation of Company’s principal office, or of
Executive’s own office as          assigned by the Company, to a location more than 50
miles from Trumbull, Connecticut or any significant change in          Executive’s
business travel obligations from those existing immediately prior to the Change in
Control;  

	 	(v)
following any Change in Control, any failure by Company to continue Executive’s
participation, at substantially          equivalent benefit levels, in any compensation
plan or program in which Executive participated immediately prior to such          Change
in Control and which is material to Executive’s total compensation, unless an equitable
arrangement (embodied in          an ongoing substitute or alternative plan) has been
made with respect to such plan; or  

	 	(vi)
the failure of Company to obtain the assumption in writing of its obligation to perform
this Agreement by any          successor to all or substantially all of the assets of the
Company within fifteen (15 ) days after a merger,          consolidation, sale or similar
transaction.  

          (K)
     “Termination Date” means the date on which the Executive is terminated under
Section 5, as determined by the CEO.  

IN WITNESS WHEREOF, the undersigned
have executed this Agreement as of the date first set forth above.  

	 	IMAGISTICS INTERNATIONAL INC. 
	 
  
	 	By:

Title: 	/s/ MARC C. BRESLAWSKY

———————————————

Chairman and CEO 
	 
  
	 	Chris C. Dewart

/s/ CHRIS C. DEWART

——————————————————Imagistics International Inc.

Exhibit 10.8  

EMPLOYMENT AGREEMENT  

          AGREEMENT,
 entered into as of the 8th day of January 2005 between Imagistics  International  Inc.,
a Delaware  corporation (“Company”) and Mark S. Flynn, currently residing at 22 Manor
Road, Ridgefield, CT  06877, Connecticut (“Executive”);  

          WHEREAS,
the Company desires to employ Executive as its Vice President, General Counsel and
Secretary upon the terms and conditions set forth herein and Executive is willing to be
so employed;  

          NOW,
THEREFORE, in consideration of the promises and the agreements contained herein, the
Company and Executive hereby agree as follows:  

          1.
      Term of Employment. Company shall employ Executive under this Agreement, and
Executive hereby accepts such employment, for the period commencing on the date hereof
(the “Effective Date”) and ending on the third anniversary hereof, unless Executive is
given notice by Company of its intention to extend or renew the term of this Agreement
within 120 days of the expiration of the initial term, or unless the Agreement is
terminated sooner in accordance with the provisions of Section 5. The initial term and
any renewal term shall be referred to as the “Term of Employment”.  

          2.
      Position and Duties.   During the Term of Employment:  

          (A)
     Executive shall serve as an executive officer of the Company, and shall have such
authority and duties (the “Duties”) as may be assigned to him from time to time by the
Chief Executive Officer of the Company (the “CEO”), commensurate with such position.  

          (B)
     Executive will devote all of his business time and attention to the business of the
Company in performing such Duties and promoting the interests and goodwill of the Company.  

          (C)
     Executive may serve on corporate, civic or charitable boards or committees, deliver
lectures, fulfill speaking engagements, teach at educational institutions or manage
personal investments, provided in each case that such activities do not individually or
in the aggregate interfere with the performance of his Duties under this Agreement;
provided, however, that Executive shall obtain the prior written consent of the CEO for
service on any for-profit board or committee.  

          3.
      Base Salary.   Commencing as of the Effective Date, the Company shall pay
Executive an annualized salary of Two Hundred Forty Five Thousand Dollars ($245,000.00)
(the “Base Salary”) in accordance with its regular payroll practices, subject to
applicable tax withholding.  Executive’s performance shall be reviewed annually by the
CEO or the COO.  Executive’s Base Salary may be reviewed for increase in the discretion
of the Board of Directors of the Company (the “Board”) after consultation with the CEO.
Base Salary, as adjusted, shall be considered the new Base Salary for all purposes of
this Agreement and shall not thereafter be reduced.  

          4.
      Annual Cash Incentive. Executive shall be eligible, as determined by the
Committee in its discretion, for an annual performance cash bonus (“Annual Bonus”) in
accordance with the terms of the Company’s Key Employees’ Incentive Plan, as it may be
amended or restated from time to time (“KEIP”).   To the extent earned, Executive shall
be paid his Annual Bonus at the same time that other senior-level executives receive
their awards.  

          5.
      Termination.  

          (A)
     Due to Executive’s Death or Disability or Retirement.   If Executive’s
employment terminates during the Term of Employment due to Executive’s death, Disability,
or Retirement, as defined in the 2001 Stock Plan, Company shall provide Executive,
Executive’s estate or beneficiaries, as applicable, with: (i) continuation of Base Salary
for three (3) full months following the month in which Executive’s Termination Date
occurs; (ii) a Pro-rata Annual Bonus; (iii) the right to exercise each outstanding stock
option for the full remaining term of such option, all such options to be deemed fully
vested and exercisable as of the date of Executive’s Termination Date;(iv) payment of
outstanding restricted stock awards, all such restricted stock to be deemed fully vested
as of Executive’s Termination Date; (v) such benefits as Executive may be entitled to
under any applicable employee benefit plan or program of the Company including, continued
participation in any welfare benefit plan, but only to the extent provided under the
terms of any plan or policy applicable to senior executive employees; and (vi) any other
entitlements described in Section 5(C).  

          (B)
     Termination In Connection with a Change in Control.   If Executive’s employment
is terminated by Company without Cause, other than for death or Disability, or Executive
terminates for Good Reason, and in each case such termination occurs within two (2) years
following a Change in Control, Company shall provide Executive with:  (i) a lump sum
amount in immediately available funds equal to two times the Executive’s annualized Base
Salary, plus two times the Executive’s full maximum Annual Bonus for the year in which
the Termination Date occurs; (ii) immediate vesting in, and the right to exercise, each
outstanding stock option for the Severance Period following the Termination Date; (iii)
immediate vesting and payment of restricted stock as of the Termination Date; (iv) the
continuation for the Severance Period of the health, welfare, savings, retirement and
other fringe benefits to which Executive is entitled as of the Date of Termination (or,
if such benefits are not available, or cannot be provided due to applicable law, a lump
sum amount equal to the after-tax economic equivalent thereof; provided that with respect
to any benefit to be provided on an insured basis, such value shall be the present value
of the premiums expected to be paid for such coverage, and with respect to other
benefits, such value shall be the present value of the expected net cost to the Company
of providing such benefits); and (v) the entitlements described in Section 5(C).  

          (C)
     Other Termination Benefits; No Mitigation Required.   In addition to any amounts
or benefits payable under this Section 5, upon termination for any reason, Executive
shall be entitled (i) to payment of his or her Base Salary through the Termination Date;
(ii) any payments or benefits provided under the terms of any Company benefit plan,
program or policy, or as required by applicable law, and (iii) prompt payment, when due,
of all amounts owing under the Agreement.  Any COBRA rights that Executive (or any other
qualified beneficiary) has shall run concurrently with the health insurance benefit
continuation provisions, if any, otherwise applicable in this Section 5. The Company
agrees that Executive is not required to seek other employment, or to mitigate the
amounts payable under this Agreement. No compensation earned from subsequent employment
will reduce any amount payable hereunder.  However, Executive shall notify Company,
within 30 days, of becoming covered under another group health plan of a subsequent
employer, and the health benefit coverage provided hereunder will become secondary to any
such coverage provided by another employer.  

          6.
      Excise Tax Gross-Up.  If any payment to Executive pursuant to this Agreement or
any other payment or benefit from the Company, any Affiliate, any shareholder of the
Company or any other person is determined to be subject to the excise tax imposed by
Section 4999 of the Code or any similar tax payable under any United States federal,
state, local or other law (the “Excise Tax”), then Executive shall receive a Tax Gross-Up
Payment with respect to all such excise taxes and similar taxes. The “Tax Gross-Up
Payment” shall mean an amount payable to the Executive such that, after payment of all
federal, state and local taxes on such Tax Gross-Up Payment, there remains a balance
sufficient to pay the Excise Tax being reimbursed.  The Company’s outside auditor (the
“Auditor”) shall determine whether any payment under this Agreement is subject to an
Excise Tax and, if so, the amount and timing of the Tax Gross-Up Payment.  The foregoing
notwithstanding, if any payments subject to the Excise Tax exceed the amount that may be
paid to Executive without the imposition of the Excise Tax (the “Allowable Amount”) by an
amount which is not more than 10% of the Allowable Amount, the Executive shall relinquish
the right to receive such payments to the extent and only to the extent that such
payments exceed the Allowable Amount.  In the event that Executive is required to
relinquish a portion of the compensation otherwise due Executive by application of the
immediately preceding sentence, compensation shall be relinquished in the following order
i) stock option acceleration commencing with options having the highest exercise price,
ii) the accelerated vesting of restricted stock or other equity awards and iii) cash
compensation.  

          7.
      Non-Compete; Non-Solicitation; Confidentiality and Non-Disparagement.  Executive
agrees that:  

          (A)
     Non-compete and Non-solicitation.   At no time during the Term of Employment,
nor during any Severance Period following Executive’s Termination Date, will Executive:  

	  	          (i)
     become employed by, enter into a consulting arrangement with, or otherwise agree to
perform personal          services for a Competitor;  

	  	          (ii)
    manage, acquire an ownership interest in, participate in the management or ownership
of, or otherwise be          connected in any material manner with a Competitor,
provided, however that nothing herein shall prevent Executive from          acquiring up
to 5% of any class of outstanding equity securities of any company whose equity
securities are regularly          traded on a national securities exchange or in an
“over-the-counter market”;  

	  	          (iii)
   directly or indirectly employ, or seek to employ or secure the services in any
capacity of, any person          employed at that time by Company or any of its
Affiliates, or otherwise encourage or entice any such person to leave such
         employment;  

	  	          (iv)
    solicit any customers or vendors of Company on behalf of, or for the benefit of a
Competitor.  

          (B)
     Non-disclosure.   At no time during the Term of Employment, nor thereafter, will
Executive, without prior written consent of Company, divulge, disclose or make accessible
to any person or entity any confidential non-public document or information concerning
the business or affairs of the Company that he has acquired in the course of his
employment hereunder, except (i) to the Company or to any authorized (or apparently
authorized) agent or representative of Company, (ii) in connection with performing his
Duties under this Agreement, or (iii) when required to do so by law or by legal process.
These restrictions shall not apply to any document or information (i) that has previously
been disclosed to the public, or is in the public domain, other than as a result of the
Executive’s breach of this covenant or (ii) is known or generally available within any
trade or industry of Company.  

          (C)
     Non-disparagement.   At no time during the Term of Employment, nor thereafter,
will Executive knowingly make any written or oral statement that disparages Company or
its Affiliates in communications with any customer, client, or the public.  

Executive acknowledges and agrees
that, of the total payments and benefits to which Executive would be entitled under
Section 5(B) above, an amount equal to one times Executive’s annualized Base Salary, plus
the Executive’s full Maximum Annual Bonus for the year in which the Termination Date
occurs, shall be deemed to be paid on account of and in consideration for the covenants
of Executive contained in clauses (A), (B) and (C) of this Section 7.  In the event that
Executive is determined to have materially violated such covenants, Executive shall be
obligated to immediately repay such amounts upon demand by the Company. Executive
acknowledges that the restraints of this Section 7 are reasonable and that monetary
damages would not provide an adequate remedy for the Company in the event of a breach of
this Section. Executive thus agrees that Company is entitled to an injunction preventing
such breach, in addition to any other legal remedies Company may have.  Further, if a
court with jurisdiction determines that any restraint contained in this Section is
unenforceable, then the provisions of this Section shall be deemed amended to the extent
necessary to render them enforceable.  

          8.
      Cooperation.  Following Executive’s Termination Date, Executive will cooperate
with, and assist, the Company to ensure a smooth transition in management and, if
requested by Company, will make himself available to consult during regular business
hours at mutually agreed upon times for up to a 3 month period thereafter. At any time
following his Termination Date, Executive will provide such information as Company may
reasonably request with respect to any Company-related transaction or other matter in
which the Executive was involved in any way while employed by Company. Executive further
agrees, during the Term of Executive’s Employment and thereafter, Executive will assist
and cooperate with Company in connection with the defense or prosecution of any claim
that may be made against, or by, Company or its Affiliates, in connection with any
dispute or claim of any kind involving Company or its Affiliates, including providing
testimony in any proceeding before any arbitral, administrative, judicial, legislative or
other body or agency.  Executive shall be entitled to reimbursement for all properly
documented expenses incurred in connection with rendering services under this Section,
including, but not limited to, reimbursement for all reasonable travel, lodging, meal
expenses, and legal fees, and Executive shall be entitled to a per diem amount for
Executive’s services equal to Executive’s then most recent annualized Base Salary under
this Agreement, divided by 240 (business days).  

          9.
      Indemnification; D&O Insurance.  

          (A)
     Indemnification.   Company shall, to the fullest extent legally permitted or
authorized by the Company’s Articles of Incorporation, By-laws or Board resolutions or by
the laws of the State of Delaware, indemnify Executive against any judgements, fines,
penalties, settlement amounts and reasonable costs and expenses actually incurred
(including legal fees) if Executive is made a party, or is threatened to be made a party,
to any proceeding (i) by reason of the fact that Executive is or was an officer,
director, officer, employee, or agent of Company or its Affiliates or (ii) if any claim
is made or threatened relating to Executive’s service hereunder or in any of the
foregoing capacities. Company shall advance to Executive all costs and expenses incurred
by Executive in connection with any such proceeding or claim within 20 days after
receiving written notice requesting such an advance. Such notice shall include, to the
extent required by applicable law, an undertaking by Executive to repay the amount
advanced if Executive ultimately is determined not to be entitled to indemnification
against such costs and expenses.  

          (B)
     D&O Insurance.   During the Term of Employment and for a period of six years
thereafter, the Company, or any successor to the Company resulting from a Change of
Control, shall keep in place a directors’ and officers’ liability insurance policy (or
policies) providing comprehensive coverage to Executive to the extent that Company
provides such coverage for any other senior executive or director.  

          10.
     Miscellaneous.  

          (A)
     Arbitration.      The parties agree to submit any and all disputes arising from
or relating to this Agreement to arbitration in Connecticut (including, without
limitation, disputes under Title VII, the ADEA, the ADA and analogous State laws) in
accordance with the American Arbitration Association’s National Rules for Resolution of
Employment Disputes.  The determination of the arbitrator(s) will be conclusive and
binding on Company and Executive, and judgment upon the award rendered may be entered by
a court with jurisdiction.  The Company will pay the expenses of such arbitration (e.g.,
filing fees and the cost of the arbitrator), and each party will separately pay for their
counsel fees.  Notwithstanding the foregoing, however, in the event that Executive is the
prevailing party, Company shall reimburse Executive his reasonable expenses including,
without limitation, attorneys’ fees, fees and expenses payable to witnesses, and
transcription costs.  

          (B)
     Release.   The payments provided in Section 5(B) are, except as provided in
Section 7, intended as enhanced severance for a termination by the Company without Cause,
or a Termination by the Executive for Good Reason in connection with a Change in Control.
 As a condition of receiving such payments, Executive shall first execute and deliver a
general release of all claims against Company, its Affiliates, agents and employees
(other than any claims or rights pursuant to this Agreement, or equity and employee
benefit plans) in form and substance satisfactory to Company.  

          (C)
     Governing Law.   This Agreement shall be governed by and construed in accordance
with the laws of Connecticut, without reference to principles of conflict of law.  

          (D)
     Entire Agreement.   This Agreement contains the entire understanding and
agreement between the parties concerning the subject matter hereof and supersedes all
prior agreements, understandings and negotiations with respect thereto, whether written
or oral.  

          (E)
     Tax Withholding.   Company may withhold such federal, state and local taxes from
any amounts payable hereunder as may be required to be withheld under applicable law or
regulation.  In the case of Options and Restricted Stock, Executive may pay such
withholding tax obligations pursuant to any method permitted under the terms of Company’s
Stock Plan.  

          (F)
     Severability, Change in Law.       If any provision or portion of this Agreement
is determined to be invalid or unenforceable, the remaining provisions of the Agreement
shall remain in force, and shall be construed in a manner so as to effect the purposes of
this Agreement to the fullest extent permitted by law.  If any change in applicable laws,
regulations or the interpretation thereof coming into effect after the date hereof
materially increases the economic burden on or liability of the Company of providing the
benefits to which Executive is otherwise entitled under this Agreement, the provisions of
this Agreement shall be equitably amended to as nearly as practicable provide such
benefits to Executive without materially increasing such burden or liability.  

          (G)
     Amendment; Waiver.   This Agreement may be amended only in a writing signed by
both parties.  The failure of a party to insist upon strict adherence to any term of this
Agreement on any occasion shall not be considered a waiver of such party’s rights or
deprive such party of the right thereafter to insist upon strict adherence to that term
or any other term of this Agreement.  

          (H)
     Assignment; Successors.   Company may not assign its rights and obligations
under this Agreement without the prior written consent of Executive except to a successor
of Company’s business which expressly assumes Company’s obligations hereunder in writing.
In the event of any sale of assets or liquidation of the Company, the Company shall use
its best efforts to cause such assignee or transferee to expressly assume this Agreement.
This Agreement shall be binding upon and inure to the benefit of Executive, Executive’s
estate and beneficiaries, Company and the successors and permitted assigns of Company.
Executive may not assign, transfer, alienate or encumber any rights or obligations under
this Agreement, except by will or operation of law, and provided that Executive may
designate beneficiaries to receive any payments permitted under the terms of Company’s
benefit plans.  

          (I)
     Beneficiaries.  If Executive dies after having become entitled to any payments
under this Agreement and prior to having received all amounts owed, any amounts remaining
unpaid at Executive’s death shall be paid to Executive’s designated beneficiary or, if
none is designated, to Executive’s estate.  

          (J)
     Captions.  Captions and headings in this Agreement are for convenience of
reference only and do not constitute a part of the Agreement.  

          (K)
     Notices.  All notices shall be in writing and deliver by hand, by
nationally-recognized delivery service that guarantees overnight delivery, or by prepaid
registered or certified mail, addresses as follows:  

	If to the Company: 	Imagistics International Inc.

100 Oakview Drive

Trumbull, CT 06611

Attn: Chairman and CEO

Facsimile #: 203-365-7497 

	If to the Executive: 	Mark S. Flynn

22 Manor Road

Ridgefield, CT 06877 

(with a copy to the
Executive at the Company’s address)  

          13.
     Definitions.  

          (A)
     “Affiliate” means (i) any entity that, directly or indirectly controls, is
controlled by, or is under common control with, the Company, or (ii) any entity in which
the Company has a significant equity interest, as determined by the Committee.  

          (B)
     “Cause” means the Executive has: (i) been convicted of a felony or entered into
a plea of nolo contendre with respect thereto, or has been convicted of a misdemeanor
involving an act of dishonesty or moral turpitude; (ii) committed fraud, embezzlement or
other dishonesty or breach of business ethics against the Company, or breached
Executive’s duty of loyalty to the Company; (iii) willfully disobeyed the directions of
the Board or the CEO to adhere to the policies or practices of the Company; or (iv)
breached this Agreement in any material respect, if such breach remains uncured.  

          (C)
     “Change of Control” shall have the same meaning as that given the term in
Company’s Stock Plan, as amended from time to time; provided, however, that (I) if
Executive agrees in writing in advance, then no Change of Control shall be deemed to
occur hereunder; and (II) regardless of the definition contained in the Stock Plan, a
Change of Control shall be deemed to occur if the Board, in its discretion, so determines
by a vote of the majority of the then Board members.  

          (D)
     “Committee” means the Executive Compensation and Development Committee of the
Board.  

          (E)
     “Competitor” means a business that directly, or indirectly competes to a
material extent, whether domestically or internationally, with any line of business of
the Company or its Affiliates that was operated by the Company or its Affiliates at the
Termination Date, or any business identified as of the Termination Date, for introduction
into the marketplace pursuant to the strategy most recently approved by Company senior
management, including, without limitation, any business engaged in the development,
manufacture, or distribution (including sales, leasing or rental) of copier equipment,
facsimile equipment, or desktop or network printers.  

          (F)
     “Disabled” means having been determined to be totally disabled under the terms
of the Company’s Long-term Disability Plan.  

          (G)
     “Pro-Rata” shall mean a fraction, the numerator of which is the number of days
that the Executive was employed in the applicable performance period (a fiscal year in
the case of an Annual Bonus) and the denominator of which shall be the number of days in
the applicable performance period.  

          (H)
     “Pro-rata Annual Bonus” means (a) the product of the amount of the Target Annual
Bonus to which Executive would have been entitled if he had been employed by the Company
on the last day of the year that includes the Termination Date and if Executive had
achieved Executive’s Target Performance Goals for such year, multiplied by (b) a fraction
of which the numerator is the numbers of days which have elapsed in such year through the
Termination Date and the denominator is 365.  

          (I)
     “Severance Period” means the period of Base Salary continuation provided for in
Section 5(A) or (B), whichever is applicable. Where Base Salary is paid in a single sum,
the Severance Period shall be the number of months over which such Base Salary would be
attributable if received ratably.  

          (J)
     “Termination by Executive for Good Reason” means termination by Executive of his
employment on 45 days’ written notice given by Executive to Company following the
occurrence, without his prior written consent, of any of the following events, unless the
Company fully cures all grounds for such termination within 30 days after the Executive’s
notice:  

	 	(i)
any reduction in Executive’s Base Salary or any reduction in Executive’s Annual Bonus
opportunity;  

	 	(ii)
any material failure to timely honor any equity or long-term incentive award unless such
award is replaced with          compensation of equal value, or any other material breach
of any of the Company’s obligations, representations or          warranties in this
Agreement;  

	 	(iii)
the assignment to or reduction in scope of, Executive’s duties, responsibilities and
position that are materially          diminished or inconsistent with Executive’s duties,
responsibilities, position and status as an Executive Officer of the          Company in
the position held by Executive immediately preceding the Change in Control, provided,
however, that such          determination shall be made without regard to the title or
reporting relationship of the new position or assignment;  

	 	(iv)
following any Change in Control, any relocation of Company’s principal office, or of
Executive’s own office as          assigned by the Company, to a location more than 50
miles from Trumbull, Connecticut or any significant change in          Executive’s
business travel obligations from those existing immediately prior to the Change in
Control;  

	 	(v)
following any Change in Control, any failure by Company to continue Executive’s
participation, at substantially          equivalent benefit levels, in any compensation
plan or program in which Executive participated immediately prior to such          Change
in Control and which is material to Executive’s total compensation, unless an equitable
arrangement (embodied in          an ongoing substitute or alternative plan) has been
made with respect to such plan; or  

	 	(vi)
the failure of Company to obtain the assumption in writing of its obligation to perform
this Agreement by any          successor to all or substantially all of the assets of the
Company within fifteen (15 ) days after a merger,          consolidation, sale or similar
transaction.  

          (K)
     “Termination Date” means the date on which the Executive is terminated under
Section 5, as determined by the CEO.  

IN WITNESS WHEREOF, the undersigned
have executed this Agreement as of the date first set forth above.  

	 	IMAGISTICS INTERNATIONAL INC. 
	 
  
	 	By:

Title: 	/s/ MARC C. BRESLAWSKY

———————————————

Chairman and CEO 
	 
  
	 	Mark S. Flynn

/s/ MARK S. FLYNN

——————————————————

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