Document:

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                                  EXHIBIT 10.9
                                  ------------

                      TERMINATION AND SETTLEMENT AGREEMENT
                      ------------------------------------

     This TERMINATION AND SETTLEMENT AGREEMENT (hereinafter referred to as
the "Agreement"), is entered into effective March 16, 2001 (hereinafter the
     ---------
"Effective Date"), by and between Compass Knowledge Holdings, Inc. (hereinafter
 --------------
referred to as "Compass") and Ramsey Hashem (hereinafter referred to as
                -------
"Hashem").
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                                  WITNESSETH:

     WHEREAS, Compass and Hashem entered into an Employment Agreement
effective May 1, 2000 whereby Hashem served as a Vice President of Compass
(collectively hereinafter referred to as the "Employment Agreement"), a copy of
                                              --------------------
which is attached hereto as Exhibit "A" and by this reference incorporated
                            -----------
herein and made a material part hereof; and

     WHEREAS, effective as of the close of business on March 16, 2001 Hashem
submitted to Compass and Compass accepted a resignation which was conditional
upon the parties entering into this Agreement (the "Conditional Resignation");
                                                    -----------------------
and

     WHEREAS, the parties have resolved all matters with respect to Hashem's
employment and the termination thereof and desire to memorialize the terms of
their agreement by entering into this Settlement Agreement.

     NOW, THEREFORE, in consideration of the promises and undertakings
contained herein, and other good and valuable consideration, the receipt and
adequacy of which is acknowledged, Compass and Hashem agree as follows:

1.     Termination of Employment. (a) The parties hereby agree that all
       -------------------------
       matters have been resolved with respect to Hashem's employment with
       Compass and the Conditional Resignation and that such Conditional
       Resignation effectively terminates Hashem's employment with Compass
       effective as of the close of business on March 16, 2001 (the
       "Termination Date").

       (b) In connection with the foregoing termination, the parties hereby
           agree as follows:

           (i)     Hashem shall be entitled to accrued base salary under
                   Section 3.1 of the Employment Agreement through the
                   Termination Date;

           (ii)    Hashem shall be entitled to accrued benefits under
                   Section 3.4 of the Employment Agreement through the
                   Termination Date;

           (iii)   Hashem is not entitled to any bonuses under Section 3.2 of
                   the Employment Agreement or pursuant to any other agreement
                   with Compass or its subsidiaries;

           (iv)    Hashem shall be entitled to reimbursement for expenses
                   accrued through the Termination Date in accordance with
                   the provisions of Section 4.1 of the Employment Agreement
                   which shall in no event shall exceed $400.00;

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           (v)    All unvested Option Shares which have been granted by Compass
                  to Hashem are hereby forfeited; and

           (vi)   Except as provided in Article XI of the Employment
                  Agreement, the Employment Agreement is terminated and is
                  of any further force or effect as of the Termination Date.

       (c) Notwithstanding the foregoing, the parties hereby agree that the
       restrictive covenants contained in Section 8.1 of the Employment
       Agreement shall apply with respect to only those persons, firms,
       partnerships, corporations or other entities that are in direct
       competition with Compass or any of its subsidiaries or their businesses
       as they exist on the Termination Date.

2.     Consulting Services. Beginning March 16, 2001 and ending on September
       -------------------
       15, 2001, unless the parties otherwise agree to extend the term, Hashem
       hereby agrees to provide to Compass and its subsidiaries such
       consulting and business development services as are reasonably
       requested by Compass, provided that Hashem shall not be required to
       undertake duties that will require Hashem to expend for the benefit of
       Compass and its subsidiaries more than 70 hours per month or otherwise
       undertake duties outside the scope for which he was originally hired by
       Compass unless otherwise agreed by the parties (the "Consulting
                                                            ----------
       Services"). In performance of the Consulting Services, Hashem shall
       --------
       provide Compass with the benefit of his best judgment and efforts.

3.     Fees for Consulting Services. In consideration for Hashem performing the
       ----------------------------
       aforementioned Consulting Services, Compass hereby agrees to pay to or
       for the benefit of Hashem the following sums:

       (a) $15,000 on or before March 16, 2001;

       (b) $5,000 per month for six (6) consecutive months payable in arrears
           beginning April 16, 2001 and ending September 15, 2001  unless the
           Consulting Services are sooner terminated as provided herein;

       (c) Premiums with respect to healthcare insurance substantially similar
           to the coverage Hashem has with Compass has of the Termination Date
           for six (6) consecutive months beginning March 16, 2001 and ending
           September 15, 2001 unless the Consulting Services are sooner
           terminated as provided herein;

       (d) The use of a Compass' cellular telephone and computer for six (6)
           consecutive months beginning March 16, 2001 and ending September
           15, 2001 unless the Consulting Services are sooner terminated as
           provided herein or unless Hashem abuses the use of the cellular
           telephone or computer. At the end of such six-month period or upon
           receiving notice of termination of use from Compass due to
           Hashem's abuse of either the cellular telephone or computer, such
           property shall be immediately returned to Compass without demand
           and may not be withheld from Compass for any reason including the
           failure of Compass to pay any sums allegedly due Hashem; and

       (e) If Hashem during the term of providing Consulting Services to
           Compass (i) identifies in writing to Compass a business
           opportunity or an acquisition, merger or business combination
           candidate for Compass with a company which Compass does not have a
           pre-existing relationship (hereinafter the "Opportunity"), (ii) is
                                                      -------------
           directly responsible for establishing

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           negotiations between Compass and such company, and (iii) undertakes
           all necessary and appropriate due diligence and other reasonably
           requested services as with respect to such transaction, and further
           provided a transaction is consummated between Compass and such
           company within one (1) year of such introduction, Compass shall
           pay Hashem an additional fee computed as follows:

           (1)     5% on such portion of the consideration paid to or received
                   from the subject target company with respect to the
                   Opportunity (the "Consideration") which does not exceed
                   $1,000,000.00;

           (2)     4% on such portion of the Consideration which exceeds
                   $1,000,000.00 but does not exceed $2,000,000.00;

           (3)     3% on such portion of the Consideration which exceeds
                   $2,000,000.00 but does not exceed $3,000,000.00;

           (4)     2% on such portion of the Consideration which exceeds
                   $3,000,000.00 but does not exceed $4,000,000.00; and

           (5)     1% on such portion of the Consideration which exceeds
                   $5,000,000.00

           For purposes of this section, the term "Consideration" shall mean the
             total fair market value of the cash, securities, promissory notes,
             and any other consideration received or paid in connection with
             the closing of the transaction but Consideration shall not include
             any debt assumed or guaranteed. Such fees shall be paid at the time
             the Consideration is actually paid or received regardless of the
             closing date of such transaction. Notwithstanding the foregoing, no
             fee shall be due Hashem for any Consideration paid or received more
             than one (1) year after the closing of such transaction. In
             addition, Compass shall have the option of paying Hashem any fees
             due him either: (i) in cash, or (ii) 50% of any such amount in cash
             the remaining 50% in the same securities or other consideration as
             exchanged in the subject transaction. If any portion or all of the
             fee is paid in securities, such securities shall be valued for
             purposes as they are valued in the transaction.

         (f) Compass shall reimburse Hashem for ordinary and reasonable
             expenses incurred during the term of performing the Consulting
             Services, subject to Compass' prior written approval and Hashem's
             full and appropriate documentation, including, without
             limitation, receipts for all such expenses in the manner required
             pursuant to Compass' policies and procedures and the Internal
             Revenue Code of 1986, as amended (the "Code") and
             applicable regulations as are in effect from time to time.

4.     Temination of Consulting Services. It is hereby agreed that the parties
       ---------------------------------
       shall be immediately released from their respective obligations as set
       forth in Sections 2 and 3 above upon:

       (a) the full-time employment of Hashem by another person, party or
           entity;

       (b) the mutual consent of the parties; or

       (c) a breach of this Agreement by Hashem.

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       Notwithstanding, if Compass terminates the Consulting Services of
       Hashem prior to the end of the six-month period for reasons other than
       as set forth above, Hashem shall be entitled to receive the amounts and
       at the times he would otherwise receive payment pursuant to Section 3
       above.

5.     Releases. (a) Hashem, on behalf of himself and his successors, heirs,
       ---------
       executors, administrators, representatives, affiliates, agents and
       assigns, fully and unconditionally forever releases and discharges
       Compass and its officers, directors, successors, assigns, affiliates,
       and subsidiaries (hereinafter "Compass Releasees") from any and all
       claims, demands, manners of action, causes of action, damages, judgments,
       agreements, demands, debts or liabilities whatsoever whether known or
       unknown, suspected or unsuspected, both at law and in equity, which
       Hashem now has, has ever had or will hereafter acquire against the
       Compass Releasees with respect to activities arising from, out of or
       otherwise in connection with Hashem's employment with Compass or arising
       from, out of or otherwise in connection with any other matter, cause or
       event including, but not limited to, any compensation, wages,
       salary, bonuses, vacation pay, sick pay, disability pay, unemployment
       claims or benefits, expense reimbursements, severance or termination
       awards and claims, insurance benefits (saving any cobra coverage which
       will be the responsibility of Hashem), and any other benefits; provided,
                                                                      ---------
       however, that nothing contained herein shall operate to release Compass
       -------
       from its obligations pursuant to this Agreement

In furtherance of the foregoing, Hashem hereby irrevocably covenants to refrain
     from, directly or indirectly, asserting any claim or demand, or commencing,
     instituting or causing to be commenced, any proceeding of any kind against
     any Compass Releasee, based upon any matter purported to be released
     hereby.

      (b) Compass on behalf of itself and its subsidiaries, successors,
      affiliates, and assigns, fully and unconditionally forever releases
      and discharges Hashem and his heirs, executors, administrators, and
      representatives (hereinafter "Hashem Releasees") from any and all
      claims, demands, manners of action, causes of action, damages,
      judgments, agreements, demands, debts or liabilities whatsoever
      whether known or unknown, suspected or unsuspected, both at law and
      in equity, which Compass now has or has ever had against the Hashem
      Releasees with respect to activities arising from, out of or
      otherwise in connection with Hashem's employment with Compass except
      as otherwise provided herein and provided, that nothing contained
                                       --------
      herein shall operate to release Hashem from his obligations pursuant
      to this Agreement

6.     Indemnification. Hashem hereby agrees to indemnify and hold harmless
       ---------------
       Compass and its subsidiaries and their directors, officers, agents,
       employees, affiliates, counsel and each other person or entity who
       controls the Company within the meaning of Section 15 of the 1933 Act
       (collectively, the "Indemnified Parties") from and against any and all
       losses, claims, damages or liabilities (or actions in respect thereof),
       joint or several, to which they or any of them may become subject under
       the 1933 Act or any other statute or at common law and to reimburse
       such Indemnified Parties for any legal or other expense (including the
       cost of any investigation and preparation) incurred by them in
       connection with any litigation, whether or not resulting in any
       liability, but only insofar as such losses, claims, liabilities and
       litigation arise out of or are based upon (i) any untrue statement or
       alleged untrue statement of a material fact made by Hashem to others or
       provided by Hashem to Compass to be stated in any disclosure documents
       or necessary to make the statements made not misleading, or an omission
       to state a material fact necessary in order to make the statements
       made, in the light of the circumstances under which they are made, not
       misleading (including, but not limited to, any documents deemed to be
       incorporated into any disclosure documents by reference), (ii) any
       material breach by Hashem of any covenant contained herein, or
       (iii) otherwise relating to, arising out of or in connection with the
       Consulting

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       Services to be provided by Hashem to Compass including without
       limitation the willful misconduct, fraud or gross negligence of Hashem.

7.     Captions; References. The headings and captions in this Agreement are
       --------------------
       for convenience of reference only and shall not define, affect or limit
       any of the terms or provisions hereof or therein. All references herein
       to Paragraphs, Articles and/or Sections are, unless specified otherwise,
       references to paragraphs, articles and/or sections of this Agreement.
       Unless specifically indicated otherwise, all references herein to an
       "Exhibit," "Annex" or "Schedule" are references to exhibits, annexes or
       schedules attached hereto, all of which are incorporated herein and made
       a part hereof for all purposes, the same as if set forth fully herein,
       it being understood that if any exhibit, annex or schedule attached
       hereto which is to be executed and delivered contains blanks, the same
       shall be completed correctly and in accordance with this Settlement
       Agreement prior to or at the time of the execution and delivery thereof.
       The words "herein," "hereof," "hereunder" and other similar compounds of
       the word "here" when used in this Settlement Agreement shall refer to
       the entire Agreement and not to any particular provision or section
       unless specifically indicated otherwise.

8.     Binding Effect. This Agreement shall be binding upon the parties and
       --------------
       their respective administrators, successors and assigns, and shall inure
       to the benefit of the parties and their respective administrators,
       successors and assigns.

9.     Severability. Should any of the provisions of this Agreement be
       ------------
       determined to be invalid by a Court of competent jurisdiction, the
       parties agree that this shall not affect the validity or enforceability
       of the remaining provisions, and that they shall renegotiate and reform
       any invalid provisions in good faith to effectuate the purpose of this
       Agreement and to conform it to the law.

10.    Entire Agreement and Modification. This Agreement constitutes the entire
       ---------------------------------
       understanding between the parties and may not be modified without the
       express written consent of the parties.

11.    No Improper Inducement. The parties represent and acknowledge that in
       ----------------------
       executing this Agreement they do not rely, and have not relied, on any
       representation or statement made by any of the parties or their
       respective agents, representatives or counsel with regard to the
       subject matter, bases or effect of this Agreement or otherwise, other
       than as specifically stated in this Agreement.

12.    Knowing and Voluntary. The parties hereto have read this Agreement and
       ---------------------
       fully understand it. The only promises made in connection with this
       Agreement are those stated herein and the parties have signed this
       Agreement knowingly and voluntarily.

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

14.    Dispute Resolution.
       -------------------
       (a) General. In the event of any dispute, difference or question arising
       between the Parties in connection with this Agreement, the
       construction thereof, or the rights, duties or liabilities of either
       Party, and which dispute cannot be amicably resolved by the good faith
       efforts of the Parties, then such dispute shall be referred to binding
       arbitration as set forth in Article 14(b) below.

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       (b) Arbitration. Binding arbitration shall be conducted in accordance
       with the Commercial Arbitration Rules of the American Arbitration
       Association in Orlando, Florida. The arbitration panel shall be
       composed of three arbitrators, one of whom shall be chosen by Compass,
       one by Hashem and the third by the two so chosen. The arbitrators shall
       each reasonable experience in dealing with such matters and shall not
       be an employee, director, shareholder or agent of either Party or of an
       affiliate or subsidiary of either Party, or otherwise involved (whether
       by contract or otherwise) in the affairs of either Party. If both or
       either of the Compass or Hashem fails to choose an arbitrator or
       arbitrators within fourteen (14) days after receiving notice of
       commencement of arbitration or if the two arbitrators fail to choose a
       third arbitrator within fourteen (14) days after their appointment, the
       then President of the Orlando office of the American Arbitration
       Association shall, upon the request of both or either of the Parties to
       the arbitration, appoint the arbitrator or arbitrators required to
       complete the board or, if he shall decline or fail to do so, such
       arbitrator or arbitrators shall be appointed by the President of the
       American Arbitration Association. The arbitrators shall make their
       decision known to both Parties as quickly as possible by delivering
       written notice of their decision to both Parties. The Parties shall
       agree in writing to comply with the ruling of the arbitration panel
       within five (5) days of receipt of notice of such ruling. The decision
       of the arbitrators shall be final and binding on the Parties, and
       specific performance may be ordered by any court of competent
       jurisdiction. The Parties shall bear their own costs in preparing for
       the arbitration. The costs of the arbitrators shall be equally divided
       between the Parties.

15.                  Notices. Any notice, demand, request, waivor other
                     -------
       communication under this Agreement shall be in writing and shall be
       deemed to have been duly given on the date of service if personally
       served or sent by confirmed telecopy and on the third day after mailing
       if mailed to the party to whom notice is to be given, by first class
       mail, registered, return receipt requested, postage prepaid and
       addressed to the following:

       If to Compass:             Compass Knowledge Holdings, Inc.
                                  2710 Rew Circle, Suite 100
                                  Ocoee, Florida 33426
                                  Attn: Daniel J. Devine, President

       If to Hashem:              Ramsey Hashem
                                  1970 Canterbury Drive
                                  Indialantic, FL 32903

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        IN WITNESS WHEREOF, the parties here by execut this Agreement by their
respective offers duly authorized in their behalf effective as of the date first
above written.

Witness:                                      Compass:

                                              Compass Knowledge Holdings, Inc.,

________________________                      By: /s/ Daniel J. Devine
                                                  --------------------
                                                  Daniel J. Devine, President

                                              Hashem:

________________________                      /s/ Ramsey Hashem
                                              -----------------
                                              Ramsey Hashem

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                                   EXHIBIT "A"

                              EMPLOYMENT AGREEMENT
                                 BY AND BETWEEN
                        COMPASS KNOWLEDGE HOLDINGS, INC.
                                       AND
                                  RAMSEY HASHEM

             THIS EMPLOYMENT AGREEMENT (the "Agreement") is executed on May
1, 2000 to be effective as of May 1, 2000 (the "Commencement Date") by and
between Compass Knowledge Holdings, Inc., a Florida corporation (the "Company"),
and Ramsey Hashem ("Employee").

             WHEREAS, the Company is engaged in the distributed learning
business and other related businesses (such activities, present and future,
being hereinafter referred to as the "Business"); and

             WHEREAS, the Company and Employee desire to enter into this
Agreement to memorialize their oral understanding, to assure the Company of the
services of Employee for the benefit of the Company and to set forth the
respective rights and duties of the parties hereto.

             NOW, THEREFORE, in consideration of the premises and the
mutual covenants, terms and conditions set forth herein, the Company and
Employee agree as follows:

                                  ARTICLE I

                                  Employment

             1.1     Employment and Title. As of the Commencement Date, the
Company employs Employee, and Employee accepts such employment, as Vice
President of the Company, all upon the terms and conditions set forth herein.

             1.3     Duties. During the Initial Term and any and all Renewal
Terms (as hereinafter defined) hereof, Employee shall faithfully perform his
duties in accordance with this Agreement and the Bylaws of the Company, serve
the Company faithfully and to the best of his ability and devote substantially
all of his business time and attention, knowledge, energy and skills to the
Company. Employee shall be responsible for such matters as assigned to him by
the Chief Executive Officer and/or President of the Company which initially
shall be the normal day-to-day management, operation and maintenance of the
business development operations and affairs of the Company in accordance with
the Company's annual business plan, budget and assigned duties. Subject to the
directions of and limitations imposed by the Chief Executive Officer and/or
President of the Company, the Employee shall be responsible for interpretation
and executive implementation of the corporate policies for his assigned area(s)
which shall be the Company's business development operations and functions as
set by the Board of Directors, the Chief Executive Officer and/or President of
the Company, and shall perform all the duties and have and exercise all rights
and powers usually pertaining and attributable, by law, custom, or otherwise,
with respect thereto. Subject to the directions of and limitations imposed by
the Chief Executive Officer and/or President of the Company, the Employee shall
have the authority to effectuate all business matters with respect to his
responsibilities and to execute such legal instruments as may be necessary to
carry out his duties in the name of the Company and on its behalf. Employee
shall coordinate and supervise the activities of all employees of the Company
under his control, have the power to employ

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and terminate the employment of all such subordinate officers, agents, clerks,
and other employees and have the authority to fix and change, from time to
time, the compensation of all such officers, agents, clerks and other employees.

             1.3     Location. The principal place of employment and the
location of Employee's principal office shall be in Ocoee, Florida; provided,
however, Employee shall, when requested by the Board of Directors, or may, if he
determines it to be reasonably necessary, temporarily perform outside of Ocoee,
Florida such services as are reasonably required for the proper execution of his
duties under this Agreement.

             1.4     Representations. Each party represents and warrants to the
other that he/it has full power and authority to enter into and perform this
Agreement and that his/its execution and performance of this Agreement shall not
constitute a default under or breach of any of the terms of any agreement to
which he/it is a party or under which he/it is bound. Each party represents that
no consent or approval of any third party is required for his/its execution,
delivery and performance of this Agreement or that all consents or approvals of
any third party required for his/its execution, delivery and performance of this
Agreement have been obtained.

                                  ARTICLE II

                                    Term

             2.1     Term. The term of Employee's employment hereunder (the
"Term") shall commence as of the Commencement Date and shall continue through
the third anniversary of the Commencement Date (the "Scheduled Termination
Date") unless renewed or earlier terminated pursuant to the provisions of this
Agreement. Assuming all conditions of this Agreement have been satisfied and
there has been no breach of the Agreement during its initial term, Employee may
extend the term for an additional three year term at Employee's election
("Extended Term").

                                  ARTICLE III

                                 Compensation

     3.1     Salary. As compensation for the services to be rendered by
Employee, the Company shall pay Employee, during the Term of this Agreement, an
annual base salary of not less than One Hundred Thirty Thousand Dollars
($130,000.00), which base salary shall accrue monthly (prorated for periods less
than a month) and shall be paid in equal bi-monthly installments, in arrears or
as the Employee and the Company otherwise agree. The base salary will be
reviewed annually, or, as appropriate, by the Chief Executive Officer and the
Compensation Committee. At any time the Salary may be increased for the
remaining portion of the term if so determined by the Chief Executive Officer
and the Compensation Committee of Employer after a review of Employee's
performance of his duties.

             3.2     Bonuses. The Employer shall pay the Employee an annual
bonus (the "Annual Bonus") up to 80% of Employee's annual base salary as
determined by the Compensation Committee in accordance with the Company's Annual
Bonus Plan. The Annual Bonus, if any, shall be payable within ninety (90) days
after the end of the most recent fiscal year to which the Bonus relates.

             3.3     Nonqualified Stock Options. The Company intends to grant
to Employee at some time in the future nonqualified options to acquire shares of
its common stock (the "Option Shares"). Such

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option shares shall be subject to the terms and conditions established by the
Compensation Committee of the Company.

             3.4     Benefits. Employee shall be entitled, during the Term
hereof, to the same medical, hospital, pension, profit sharing, dental and life
insurance coverage and benefits as are available to the Company's most senior
executive officers on the Commencement Date together with the following
additional benefits:

             (a)     An automobile allowance of $400.00 per month.

             (b)     The Company's normal vacation allowance for all employees
       who are executive officers of the Company, but not less than three (3)
       weeks annually, with the option to carry over unused vacation days.

             (c)  The Employee will be entitled to participate in any
       benefit plan or program of the Employer which may currently be in
       place or implemented in the future.

       (d)   During the Term, Employee will be entitled to receive, in
    addition to and not in lieu of base salary, bonus or other compensation,
    such as other benefits as Employer may provide for its officers in the
    future.

             3.5     Withholding. Any and all amounts payable under this
Agreement, including, without limitation, amounts payable under this Article III
and Article VII, which are subject to withholding for such federal, state and
local taxes as the Company, in its reasonable judgment, determines to be
required pursuant to any applicable law, rule or regulation.

                                  ARTICLE IV

                   Working Facilities, Expenses and Insurance

             4.1     Working Facilities and Expenses. Employee shall be
furnished with an office at the principal executive offices of the Company, or
at such other location as agreed to by Employee and the Company, and other
working facilities and secretarial and other assistance suitable to his position
and reasonably required for the performance of his duties hereunder. The Company
shall reimburse Employee for moving expenses in an amount equal to $18,000.00
and all of Employee's reasonable expenses incurred while employed and performing
his duties under and in accordance with the terms and conditions of this
Agreement, subject to Employee's full and appropriate documentation, including,
without limitation, receipts for all such expenses in the manner required
pursuant to Company's policies and procedures and the Internal Revenue Code of
1986, as amended (the "Code") and applicable regulations as are in effect from
time to time.

             4.2     Insurance. The Company may secure in its own name or
otherwise, and at its own expense, life, disability and other insurance covering
Employee or Employee and others, and Employee shall not have any right, title or
interest in or to such insurance other than as expressly provided herein.
Employee agrees to assist the Company in procuring such insurance by submitting
to the usual and customary medical and other examinations to be conducted by
such physicians(s) as the Company or such insurance company

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may designate and by signing such applications and other written instruments as
may be required by any insurance company to which application is made for such
insurance.

                                  ARTICLE V

                            Illness or Incapacity

             5.1     Right to Terminate. If, during the Term of this Agreement,
Employee shall be unable to perform in all material respects his duties
hereunder for a period exceeding six (6) consecutive months by reason of illness
or incapacity, this Agreement may be terminated by the Company in its reasonable
discretion pursuant to Section 7.2 hereof.

             5.2     Right to Replace. If Employee's illness or incapacity,
whether by physical or mental cause, renders him unable for a minimum period of
sixty (60) consecutive calendar days to carry out his duties and
responsibilities as set forth herein, the Company shall have the right to
designate a person to replace Employee temporarily in the capacity described in
Article I hereof; provided, however, that if Employee returns to work from such
illness or incapacity within the six (6) month period following his inability
due to such illness or incapacity, he shall be entitled to be reinstated in the
capacity described in Article I hereof with all rights, duties and privileges
attendant thereto.

             5.3     Rights Prior to Termination. Employee shall be entitled to
his full remuneration and benefits hereunder during such illness or incapacity
unless and until an election is made by the Company to terminate this Agreement
in accordance with the provisions of this Article.

             5.4     Determination of Illness or Incapacity. For purposes of
this Article V, the term "illness or incapacity" shall mean Employee's inability
to perform his duties hereunder substantially on a full-time basis due to
physical or mental illness as determined by a physician selected by the Company
and the Employee.

                                  ARTICLE VI

                               Confidentiality

             6.1     Confidentiality. During the Term of this Agreement and
thereafter, Employee shall not divulge, communicate, use to the detriment of the
Company, or for the benefit of any other business, firm, person, partnership or
corporation, or otherwise misuse, any "Confidential Information", pertaining to
the Company including, without limitation, all (i) data or trade secrets,
including secret processes, formulas or other technical data; (ii) production
methods; (iii) customer lists; (iv) personnel lists; (v) proprietary
information; (vi) financial or corporate records; (vii) operational, sales,
promotional and marketing methods and techniques; (viii) development ideas,
acquisition strategies and plans; (ix) financial information and records; (x)
"know-how" and methods of doing business; and (xi) computer programs, including
source codes and/or object codes and other proprietary, competition-sensitive or
technical information or secrets developed with or without the help of Employee.
Employee acknowledges that any such information or data he may have acquired was
received in confidence and by reason of his relationship to the Company.
Confidential Information, data or trade secrets shall not include any
information which: (a) at the time of disclosure is within the public domain;
(b) after disclosure becomes a part of the public domain or generally known
within the industry through no fault, act or failure to act, error, effort or
breach of this Agreement by Employee; (c) is known to the recipient at the time
of disclosure; (d) is subsequently discovered by Employee independently of any
disclosure by the Company; (e) is required by order, statute or regulation, of
any governmental

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authority to be disclosed to any federal or state agency, court or other body;
or (f) is obtained from a third party who has acquired a legal right to possess
and disclose such information.

             6.2     Records. All documents, papers, materials, notes, books,
correspondence, drawings and other written and graphic records relating to the
Business of the Company which Employee shall prepare or use, or come into
contact with, shall be and remain the sole property of the Company and,
effective immediately upon the termination of the Employee's employment with the
Company for any reason, shall not be removed from the Company's premises without
the Company's prior written consent and any such documents, papers, materials,
notes, books, correspondence, drawings and other written and graphic records
upon request shall be returned to the Company.

                                  ARTICLE VII

                                  Termination

             7.1     Termination For Cause. This Agreement and the employment
of Employee may be terminated by the Company "For Cause" under any one of the
following circumstances:

             (a)     Employee has committed any material act of fraud,
        misappropriation or theft against the Company.

             (b)     Employee's default breach of any material provision of
        this Agreement; provided, that Employee shall not be in default
        hereunder unless (i) he shall have failed to cure such default or
        breach within thirty (30) days of written notice thereof by the Company
        to Employee or (ii) Employee shall have duly received notice of at
        least three (3) prior instances of such breach or default (whether or
        not cured by Employee).

             (c)     Employee engages in willful misconduct in the performance
        of his duties hereunder; provided, that Employee shall not be in
        default hereunder unless (i) he shall have failed to cure such default
        or breach within fifteen (15) days of written notice thereof by the
        Company to Employee, or (ii) Employee shall have duly received notice
        of at least three (3) prior instances of such breach or default
        (whether or not cured by Employee).

             (d)     At the election of the Employee.

             A termination For Cause under this Section 7.1 shall be
effective upon the date set forth in a written notice of termination delivered
to Employee.

             7.2     Termination Without Cause. This Agreement and the
employment of the Employee may be terminated  "Without
Cause" as follows:

             (a)     By mutual agreement of the parties hereto.

             (b)     At the election of the Company by its giving not less than
         sixty (60) days prior written notice to Employee in the event of an
         illness or incapacity described in Article 5.1.

                                      12
<PAGE>

             (c)     Upon the removal of Employee from the office of Vice
         President of the Company or in the event the Company fails to afford
         Employee the power and authority generally commensurate with the
         position of Vice President.

             (d)     Upon Employee's death.

             A termination Without Cause under Section 7.2(b) hereof shall
be effective upon the date set forth in a written notice of termination
delivered in accordance with the notice provisions of such sections. A
termination Without Cause under Sections 7.2(a) or (d) shall be automatically
effective upon the date of mutual agreement or the date of death of the
Employee, as the case may be. A termination Without Cause under Section 7.2(c)
shall be automatically effective upon the date such event takes place.

             7.3      Effect of Termination For Cause. If Employee's employment
is terminated "For Cause":

             (a)      Employee shall be entitled to accrued base salary
         under Section 3.1 hereof through the date of termination.

             (f)      Employee shall be entitled to accrued bonuses under
         Section 3.2 and benefits under Section 3.4 hereof through the date of
         termination.

             (g)      Employee shall be entitled to reimbursement for expenses
         accrued through the date of termination in accordance with the
         provisions of Section 4.1 hereof.

             (e)      All unvested Option Shares which may be granted by the
         Company under Section 3.3 hereof shall be forfeited.

             (f)      Except as provided in Article XI, this Agreement shall
         thereupon terminate and cease to be of any further force or effect.

             7.4      Effect of Termination Without Cause. If Employee's
employment is terminated "Without Cause":

             (a)      Employee shall be entitled to (i) six (6) month's base
         salary, or (ii) the base salary for the remaining Term of this
         Agreement, if less than six (6) months.

             (b)      Employee shall be entitled to reimbursement for expenses
         accrued through the date of termination in accordance with the
         provisions of Section 4.1 hereof.

             (c)     Employee shall be entitled to receive all amounts of
         additional bonuses under Section 3.2 hereof through the expiration of
         the Term hereof, which amounts shall be paid upon termination.

             (d)     Employee shall be entitled to receive all benefits as
         would have been awarded under Section 3.4 hereof through the expiration
         of the Term hereof, which benefits shall be awarded as and when the
         same would have been awarded under the Agreement had it not been
         terminated.

                                     13
<PAGE>

             (e)     All unvested Option Shares actually granted by the Company
     under Section 3.3 hereof shall immediately vest in full but shall remain
     subject to all other provisions of the Company's Year 2000 Stock Option
     Plan.

             (f)     Except as provided in Article XI, this Agreement shall
     thereupon terminate and cease to be of any further force or effect.

                                  ARTICLE VIII

                      Non-Competition and Non-Interference

             8.1     Non-Competition. Employee agrees that during the Term of
this Agreement and, in the case of a termination "For Cause" for a period of
one (1) year thereafter, Employee will not, directly, indirectly, or as an
agent on behalf of or in conjunction with any person, firm, partnership,
corporation or other entity, own, manage, control, join, or participate in the
ownership, management, operation, or control of, or be financially interested
in or advise, lend money to, or be employed by or provide consulting services
to, or be connected in any manner with any person engaged in Business within
the United States of America which the Company is engaging in its Business or
has immediate plans to engage in its Business.

             8.2     Non-Interference. Employee agrees that during the Term of
this Agreement and, in the case of a termination "Not For Cause", for a period
of one (1) year thereafter, Employee will not, directly, indirectly or as an
agent on behalf of or in conjunction with any person, firm, partnership,
corporation or other entity, induce or entice any employee of the Company to
leave such employment or cause anyone else to do so.

             8.3                               Severability. If any covenant
or provision contained in Article VIII is determined to be void or
unenforceable in whole or in part, it shall not be deemed to affect or impair
the validity of any other covenant or provision. If, in any arbitral or
judicial proceeding, a tribunal shall refuse to enforce all of the separate
covenants deemed included in this Article VIII, then such unenforceable
covenants shall be deemed eliminated from the provisions hereof for the purpose
of such proceedings to the extent necessary to permit the remaining separate
covenants to be enforced in such proceedings.

             8.4                               Equitable Relief for Violations.
Employee agrees that the provisions and restrictions contained in this Section
are necessary to protect the legitimate continuing interests of the Company,
its parent company and their subsidiaries and that any violation or breach of
these provisions will result in irreparable injury to the Company, its parent
company and their subsidiaries for which a remedy at law would be inadequate
and that, in addition to any relief at law which may be available to the
Company, its parent company or their subsidiaries for such violation or breach
and regardless of any other provision contained in this Agreement, the Company,
its parent company and their subsidiaries shall be entitled to injunctive and
other equitable relief as a court may grant after considering the intent of
this Section.

                                      14
<PAGE>

                                  ARTICLE IX

                               Indemnification

             9.2.    Indemnification. The Employer shall to the full extent
permitted by law indemnify, defend and hold harmless Employee from and against
any and all claims, demands, liabilities, damages, losses and expenses
(including reasonable attorney's fees, court costs and disbursements) arising
out of the performance by him of his duties hereunder except in the case of his
willful misconduct and will carry reasonable directors and officers' insurance.

                                  ARTICLE X

                                Miscellaneous

             10.1    No Waivers. The failure of either party to enforce any
provision of this Agreement shall not be construed as a waiver of any such
provision, nor prevent such party thereafter from enforcing such provision or
any other provision of this Agreement.

             10.2    Notices. Any notice to be given to the Company and
Employee under the terms of this Agreement may be delivered personally, by
telecopy, telex or other form of written electronic transmission, or by
registered or certified mail, postage prepaid, and shall be addressed as
follows:

     If to the Company:                            2710 Rew Circle
                                                   Suite 100
                                                   Ocoee, Florida  34761

     If to Employee:                               1970 Canterbury Dr.
                                                   Indialantic, FL 32903

     Either party may hereafter notify the other in writing of any change in
address. Any notice shall be deemed duly given (i) when personally delivered,
(ii) when telecopied, telexed or transmitted by other form of written
electronic transmission (upon confirmation of receipt) or (iii) on the third
day after it is mailed by registered or certified mail, postage prepaid, as
provided herein.

             10.3    Severability. The provisions of this Agreement are
severable and if any provision of this Agreement shall be held to be invalid or
otherwise unenforceable, in whole or in part, the remainder of the provisions,
or enforceable parts thereof, shall not be affected thereby.

             10.4    Successors and Assigns. The rights and obligations of the
Company under this Agreement shall inure to the benefit of and be binding upon
the successors and assigns of the Company, including the survivor upon any
merger, consolidation, share exchange or combination of the Company with any
other entity. Employee shall not have the right to assign, delegate or
otherwise transfer any duty or obligation to be performed by him hereunder to
any person or entity.

             10.5    Entire Agreement. This Agreement supersedes all prior and
contemporaneous agreements and understandings between the parties hereto, oral
or written, and may not be modified or terminated orally. No modification,
termination or attempted waiver shall be valid unless in writing, signed by the
party against whom such modification, termination or waiver is sought to be
enforced. This Agreement was the subject of negotiation by the parties hereto
and their counsel. The parties agree that no prior drafts of this Agreement
shall be admissible as evidence (whether in any arbitration or court of law) in
any proceeding which involves the interpretation of any provisions of this
Agreement.

                                      15
<PAGE>

             10.6    Governing Law. This Agreement shall be governed by and
construed in accordance with the internal laws of the State of Florida without
reference to the conflict of law principles thereof.

             10.7    Section Headings. The section headings contained herein
are for the purposes of convenience only and are not intended to define or
limit the contents of said sections.

             10.8    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 requested by the other party in order to carry
out the provisions and purposes of this Agreement.

             10.9    Gender. Whenever the pronouns "he" or "his" are used
herein they shall also be deemed to mean "he" or "his" or "it" or "its" whenever
applicable. Words in the singular shall be read and construed as though in the
plural and words in the plural shall be read and construed as though in the
singular in all cases where they would so apply.

             10.10   Counterparts. This Agreement may be executed in
counterparts, all of which taken together shall be deemed one original.

                                  ARTICLE XI

                                   Survival

             11.1    Survival. The provisions of Articles VI, VII, VIII, and X,
of this Agreement shall survive the termination of this Agreement.

        [THE REMAINDER OF THIS PAGE HAS INTENTIONALLY BEEN LEFT BLANK]

                                      16
<PAGE>

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

                                              Compass Knowledge Holdings, Inc.,
                                              a Florida Corporation,

                                              By: /s/ Rogers W. Kirven, Jr.
                                                  -------------------------
                                              Title: CEO

                                              EMPLOYEE

                                              /s/ Ramsey Hashem
                                              -----------------
                                              Ramsey Hashem

                                      17
<PAGE>

                                  ADDENDUM TO
                                  -----------
                      TERMINATION AND SETTLEMENT AGREEMENT
                      ------------------------------------

        This ADDENEDUM TO THAT CERTAIN TERMINATION AND SETTLEMENT AGREEMENT
   dated March 16, 2001 (hereinafter referred to as the "Addendum"), is entered
                                                         --------
   into effective June 1, 2001 (hereinafter the "Effective Date"), by and
                                                 --------------
   between Compass Knowledge Holdings, Inc. (hereinafter referred to as
   "Compass") and Ramsey Hashem (hereinafter referred to as "Hashem").
    -------                                                  ------

                                  WITNESSETH:

        WHEREAS, Compass and Hashem entered into a Termination and Settlement
   Agreement effective March 16, 2001 whereby Hashem in consideration for
   certain payments to be made by Compass resigned as a Vice President of
   Compass (hereinafter referred to as the "Settlement Agreement"), a copy of
                                            --------------------
   which is attached hereto as Exhibit "A" and by this reference incorporated
                               ----------
   herein and made a material part hereof; and

             WHEREAS, the parties are desirous of amending the Settlement
   Agreement all on the terms and conditions set forth herein.

        NOW, THEREFORE, in consideration of the promises and undertakings
   contained herein, and other good and valuable consideration, the receipt and
   adequacy of which is acknowledged, Compass and Hashem agree as follows:

   5.   Fees for Consulting Services. In consideration for Hashem performing
        ----------------------------
        the Consulting Services set forth in the Settlement Agreement, Compass
        agreed to pay to or for the benefit of Hashem the following sums:

        (f)  $15,000 on or before March 16, 2001 (all of which has been paid);

        (g)  $5,000 per month for six (6) consecutive months payable in arrears
             beginning April 16, 2001 and ending September 15, 2001 unless the
             Consulting Services are sooner terminated as provided in the
             Settlement Agreement (two payments of $5,000 have been paid to
             date); and

        (h)  Premiums with respect to healthcare insurance substantially
             similar to the coverage Hashem has with Compass has of the
             Termination Date for six (6) consecutive months beginning March 16,
             2001 and ending September 15, 2001 unless the Consulting Services
             are sooner terminated as provided for in the Settlement Agreement
             (all required payments have been paid to date).

2     Termination of Payments. In consideration for Compass paying Hashem the
      -----------------------
      sum of $12,000 contemporaneous with the execution and delivery of this
      Addendum, the parties hereby agree that the obligation of Compass to make
      any additional monthly payments as set

                                      18
<PAGE>

      described in Section 1(b) or insurance premium payments as set forth in
      1(c) above shall immediately terminate.

3     Effect of Amendment. Except as otherwise provided herein, the terms and
      -------------------
      conditions of the Settlement Agreement shall remain unchanged and are
      hereby republished in their entirety subject to the modifications set
      forth herein.
4     Captions; References. The headings and captions in this Addendum are for
      --------------------
      convenience of reference only and shall not define, affect or limit any
      of the terms or provisions herein or in the Settlement Agreement. All
      references herein to Paragraphs, Articles and/or Sections are, unless
      specified otherwise, references to paragraphs, articles and/or sections
      of this Addendum or the Settlement Agreement, as the case may be. Unless
      specifically indicated otherwise, all references herein to an "Exhibit,"
      "Annex" or "Schedule" are references to exhibits, annexes or schedules
      attached hereto, all of which are incorporated herein and made a part
      hereof for all purposes, the same as if set forth fully herein, it being
      understood that if any exhibit, annex or schedule attached hereto which
      is to be executed and delivered contains blanks, the same shall be
      completed correctly and in accordance with this Addendum prior to or at
      the time of the execution and delivery thereof. The words "herein,"
      "hereof," "hereunder" and other similar compounds of the word "here" when
      used in this Addendum shall refer to the entire Addendum and Settlement
      Agreement and not to any particular provision or section unless
      specifically indicated otherwise.

   5.   Binding Effect. This Addendum shall be binding upon the parties and
        --------------
        their respective administrators, successors and assigns, and shall
        inure to the benefit of the parties and their respective
        administrators, successors and assigns.

   6.   Severability. Should any of the provisions of this Addendum be
        ------------
        determined to be invalid by a Court of competent jurisdiction, the
        parties agree that this shall not affect the validity or enforceability
        of the remaining provisions, and that they shall renegotiate and reform
        any invalid provisions in good faith to effectuate the purpose of this
        Addendum and to conform it to the law.

   7.   Entire Agreement and Modification. The Settlement Agreement together
        ---------------------------------
        with this Addendum constitutes the entire understanding between the
        parties and may not be modified without the express written consent of
        the parties.

   8.   No Improper Inducement. The parties represent and acknowledge that in
        ----------------------
        executing this Addendum they are not relying, and have not relied, on
        any representation or statement made by any of the parties or their
        respective agents, representatives or counsel with regard to the
        subject matter, bases or effect of this Addendum or the Settlement
        Agreement or otherwise, other than as specifically stated in this
        Addendum.

   9.   Knowing and Voluntary. The parties hereto have read this Addendum and
        ---------------------
        fully understand it. The only promises made in connection with this
        Addendum are those stated herein and the parties have signed this
        Addendum knowingly and voluntarily.

                                      19
<PAGE>

  10.   Counterparts. This Addendum may be executed in one or more
        ------------
        counterparts, each of which shall be deemed an original, but all of
        which together shall constitute one and the same instrument.

                                      20
<PAGE>

        IN WITNESS WHEREOF, the parties hereby execute this Addendum by their
   respective officers duly authorized in their behalf effective as of the date
   and year first written above.

   Witnesses:                                 Compass:

                                              Compass Knowledge Holdings, Inc.

   _______________________                    By: /s/ E. Nicholas Davis, III
                                                  --------------------------

                                              Hashem:

   _______________________                    /s/ Ramsey Hashem
                                              -----------------
                                              Ramsey Hashem

                                      21Prepared by R.R. Donnelley Financial -- Consulting Agreement with David Collins

 Exhibit 10.90 
  
 CALYPTE
BIOMEDICAL CORPORATION 
 1265 Harbor Bay Parkway 
 Alameda, CA 94502 

 
 December 19, 2001 
  
 David Collins 

PMB # 224 
 774 Mays Blvd., # 10 
 Incline Village, NV 89451 
  
 Re:    Consulting Agreement With Calypte 
  
 Dear Dave: 
  
 Upon your signature at the end of this letter where indicated, this letter will be
the binding agreement (the “Agreement”), effective as of October 19, 2001 (the “Effective Date”), between Calypte Biomedical Corporation (“Calypte”) and you with respect to your provision of service
as a consultant to Calypte as provided in this letter. The Basic Retained Services described in Section 1(a) hereof and any Additional Services defined in Section 1(b) hereof are referred to herein collectively as the “Services”.

  
 1.    Services. 
  
 (a)  Basic Retained Services.    Subject to the terms and conditions of this Agreement, you hereby are retained by Calypte as a
consultant to Calypte from the Effective Date until terminated as provided herein, to provide (i) an aggregate of five (5) days of Services (the “Basic Retained Services”) per calendar month during the term hereof, commencing with
the month of October, 2001 (with a “day of Services” being considered for such purposes as eight (8) hours, with travel time while on business for Calypte, and while travelling from your home outside of California to Calypte’s
principal offices for purposes of rendering such Basic Retained Services, in each case being counted as one-half time), and (ii) such additional days of Additional Services, as provided in and defined in Section 1(b) hereof, as you may agree with
Calypte upon Calypte’s reasonable and good faith request to you, in each case with respect to Calypte’s business, and such other matters commensurate with the position of Chairman of the Board, all as may be requested from time to time
during the term hereof orally or in writing by the Board of Directors (the “Board”) of Calypte or by the Chief Executive Officer of Calypte. 
  
 (b)  Additional Services.    In addition to the Basic Retained Services rendered as described in Section 1(a) hereof, you will
render such number of days of Services (the “Additional Services”) as are so requested in good faith by Calypte, by its Board or Chief Executive Officer (with a “day of Services” being considered for such purposes as eight
(8) hours, with travel time while on business for Calypte, and while travelling from your home outside of California to Calypte’s principal offices for purposes of rendering such Basic Retained Services, in each case being counted as one-half
time). 
  
 (c)  Certain Conditions Concerning Service As A Director Of
Calypte.    You hereby agree that you will serve as the Chairman of the Board for so long as you are duly elected thereto. The number of days you spend rendering Services to Calypte hereunder will be in addition to time you
spend to discharge your customary duties as a Director of Calypte, including time to prepare for and attend meetings of the Board and of Board Committees upon which you serve, during such time as you are serving as a Director of Calypte. Any
compensation you may receive for your services as a Director of Calypte, such as indemnification, stock, and/or stock options and other benefits from the Company as are made available from time to time by the Company to other Directors, will be
separate from this Agreement. 
  

 (d)  Scheduling; Location.    The days upon which Calypte will require your
Services will be based upon dates and times mutually agreeable between you and Calypte. Calypte will provide as much advance notice as possible to you of the dates and times required, and you will make every reasonable effort to make yourself
available during such dates. Calypte will not require you to render such services at dates, times or places that would reasonably interfere with other work commitments you may have. You may render the Services by telephone and/or e-mail, and/or
on-site at Calypte’s headquarters in the San Francisco Bay Area, and/or at other locations, as determined in good faith by Calypte after consultation with you as to mutual convenience and the particular Services required. 

 
 (e)  Reporting.    You will report to the Board, but you will render Services upon the
request of the Board and/or of the Chief Executive Officer of Calypte. 
  
 (f)  Other
Activities.    Calypte acknowledges and agrees that, while you will devote such time and effort as is necessary to discharge your duties hereunder, you will not be providing your full-time services to Calypte, and that you
may consult with or become an employee of other entities as you wish (including but not limited to accepting full time employment), subject to your obligations as to confidential and proprietary information of Calypte as set forth in this Agreement.

  
 (g)  Nonassignability of Your Services.    You may not assign or
subcontract your duties or rights under this Agreement without the prior written consent of Calypte signed by its Chief Executive Officer. 
  
 2.    Compensation; Expense Reimbursement; Lodging and Automobile; Stock Options. 
  
 (a)  Retainer For Basic Retained Services; Payment For Additional Services.    Calypte will grant you a stock option award for 300,000 shares of its common stock exercisable at
$0.22 per share, under the terms of its 2000 Equity Incentive Plan, (the “Stock Option”). The Stock Option will be subject to certain restrictions with respect to forfeiture and transferability, as set forth in the Stock Option
documentation that Calypte will provide to you separately from this Agreement. The Stock Option will vest one-twelfth of the optioned shares on each monthly anniversary of the Effective Date over the twelve-month term of this agreement and the Stock
Option will have a ten-year term. In addition, Calypte will pay you a consulting fee in cash for any Additional Services you may render, within thirty (30) days after the close of each calendar month during which you render such Additional Services,
at the rate of one thousand dollars ($1,000.00) per day of such Additional Services. 
  
 (b)  Expense Reimbursement; Lodging and Automobile.    Calypte will reimburse you for all reasonable, ordinary and necessary travel and entertainment expenses incurred by you in conjunction with your
services to Calypte hereunder. While you are rendering Services in the San Francisco Bay Area, Calypte will provide lodging for you, or will reimburse you for lodging, in a business hotel or business traveler long-term stay facility reasonably
convenient to Calypte’s offices, and will reimburse you for that portion of your automobile lease apportioned for your use of your automobile on business of Calypte. Any such expense, including without limitation lodging or automobile lease
reimbursement will, to the extent not specifically provided in this Section 2(b), be consistent with Calypte’s then-standard reimbursement policy, and, as applicable, travel policy, and will be made as to a given expense only if you have
submitted commercially customary support documentation to Calypte therefor. 
  
 3.    Our Relationship.

  
 (a)  Independent Contractor.    In performance of your services under
this Agreement, you will be an independent contractor of, and are not an agent or employee of, and have no authority to bind, Calypte by contract or otherwise. 
  
 (b)  Employment Taxes and Benefits.    You will report as self-employment income all compensation you received pursuant to this
Agreement, including the fair market value of the Shares. You will indemnify Calypte and hold it harmless from and against all claims, damages, losses and expenses, relating to any obligation imposed by law on Calypte to pay any withholding taxes,
social security (except for employer’s share of social security, if any), unemployment or disability insurance, or similar items in connection with compensation received by you pursuant to this Agreement. You will not be entitled to receive any
vacation
 

 
or illness payments, or to participate in any plans, arrangements, or distributions by Calypte pertaining to any bonus, stock option, profit sharing, insurance or similar benefits for
Calypte’s employees, except as provided herein or as otherwise specifically approved by the Board. 
  
 (c)  No Remuneration as to Products.    You will receive no royalty or other remuneration on the production or distribution of any products developed by the Company or by you in connection with or based
upon the Services. 
  
 4.    Indemnification. 
  
 (a)  By You.    To the extent determined by a tribunal of competent jurisdiction (arbitral or judicial), not subject to further
appeal, you will indemnify Calypte and hold it harmless from and against all claims, damages, losses and expenses, including court costs and reasonable fees and expenses of attorneys, expert witnesses, and other professionals, arising out of or
resulting from: 
  
 (i)  Any action by a third party against Calypte to the extent based on any claim
that any Services performed under this Agreement, or their results, to your actual knowledge (A) infringe a patent, trademark, copyright or other proprietary right, and/or (B) violate a trade secret of such third party; and 
  
 (ii)  Any action by a third party to the extent based on any conduct by you in performing Services under this Agreement
which results in any of the following and for which such tribunal determines you to be liable to Calypte under applicable law: (A) any bodily injury, sickness, disease or death; (B) any injury or destruction to tangible or intangible property
(including computer programs and data) or any loss of use resulting therefrom; or (C) any violation of any statute, ordinance, or regulation. 
  
 (b)  By Calypte.    To the extent legally permitted, and not in derogation of your obligations under Section 4(a) hereof: (i) you will be considered as subject to the indemnity
provisions of Calypte’s Certificate of Incorporation and Bylaws, a copy of which will be furnished to you upon request, and (ii) Calypte will indemnify you and hold you harmless from and against all claims, damages, losses and expenses,
including court costs and reasonable fees and expenses of attorneys, expert witnesses, and other professionals, arising out of or resulting from any action by a third party against Calypte or you, or both, in connection with or based upon the
performance by you of the Services, or their result. 
  
 5.    Property of Calypte. 

 
 (a)  Definitions.    For the purposes of this Agreement: 
  
 (i)  “Inventions” means any and all inventions, ideas, designs, circuits, schematics, formulas, algorithms,
trade secrets, works of authorship, mask works, developments, methods, processes, techniques, improvements, and related know-how in the field of research, development and commercialization in which Calypte is engaged, and which are made by you,
alone or in combination with others, which result from or relate to the services you perform for Calypte hereunder, and whether made on behalf of Calypte under this Agreement, or with the use of or as a result of access to Confidential Information,
including but not limited to any derivative work which constitutes an improvement or modification to any tangible form of Confidential Information, as hereinafter defined, such as any design, drawing, or product that embodies Confidential
Information. 
  
 (ii)  “Designs and Materials” means all designs, discoveries,
inventions, products, computer programs, procedures, improvements, developments, drawings, notes, documents, information and materials made, conceived or developed by you alone or with others which result from or relate to the services you perform
for Calypte hereunder. 
  
 (iii)  “Moral Rights” means any right to claim authorship
of a work, any right to object to any distortion or other modification of a work, and any similar right, existing under the law of any country in the world, or under any treaty. 
  
 (b)  Assignment of Ownership.    You agree that all the Inventions, Designs and Materials that (1) are developed using equipment,
supplies, facilities or trade secrets of Calypte, (2) result from work performed by you for Calypte or (3) relate to Calypte’s business or current or anticipated research and development,
 

 
will be the sole and exclusive property of Calypte. You hereby irrevocably transfer and assign any and all of your right, title, and interest in and to Inventions, Designs and Materials,
including but not limited to all patent rights, copyrights, trademarks and trade secrets, to Calypte. All Inventions, Designs and Materials will be the sole property of Calypte and Calypte will have the sole right to determine the treatment of any
Inventions, Designs and Materials, including the right to keep them as trade secrets, to file and execute patent applications on them, to use and disclose them without prior patent application, to file registrations for copyright or trademark on
them in its own name, or to follow any other procedure that Calypte deems appropriate. You acknowledge that copyrightable works prepared by you within the scope of your service hereunder are “works for hire” under the federal Copyright Act
and that Calypte will be considered the author thereof. If Calypte files an original United States patent application covering any invention of which you are a named inventor, you will receive in each case from Calypte an inventor’s fee of One
Hundred Dollars $100.00 in cash as full compensation therefor. You will: 
  
 (i)  Disclose promptly in
writing to Calypte all Inventions, Designs and Materials; and 
  
 (ii)  Cooperate with and assist
Calypte to apply for, and to execute any applications and/or assignments reasonably necessary to obtain, any patent, copyright, trademark or other statutory protection for Inventions, Designs and Materials in Calypte’s name as Calypte deems
appropriate, provided that Calypte will reimburse you for any reasonable costs incurred by you, and your normal billing rate for reasonable time incurred, in connection therewith; and 
  
 (iii)  Otherwise treat all Inventions, Designs and Materials as “Confidential Information,” as defined below. Your obligations to so disclose,
assist, and execute will survive until the earlier of your death or disability or five years following any expiration or termination of this Agreement. 
  
 (c)  Moral Rights Waiver.    You hereby irrevocably transfer and assign to Calypte any and all Moral Rights that you may have in
any services you render hereunder, or in any Inventions, Designs and Materials or products of Calypte. You also hereby forever waive and agree never to assert against Calypte, its successors or licensees any and all Moral Rights you may have in any
such services, Inventions, Designs and Materials or such products, even after expiration or termination of this Agreement. 
  
 (d)  Company Property.    All papers, records, data, notes, drawings, files, documents, samples, devices, products, equipment, and other materials, including copies and in whatever
form, relating to the business of Calypte that you possess or create as a result of your service to Calypte, whether or not confidential, are the sole and exclusive property of Calypte. 
  
 6.    Confidential Information.    You acknowledge that you will acquire information and materials from Calypte and knowledge about the
business, products, programming techniques, experimental work, customers, clients and suppliers of Calypte and that all such knowledge, information and materials acquired, the existence, terms and conditions of this Agreement, and the Designs and
Materials, are and will be the trade secrets and confidential and proprietary information of Calypte (collectively “Confidential Information”). Confidential Information will not include, however, any information which is or becomes
part of the public domain through no fault of your own or that Calypte regularly gives to third parties without restriction on use or disclosure. You will hold all such Confidential Information in strict confidence, and will not disclose it to
others or use it in any way, commercially or otherwise, except in performing your services hereunder, and will not allow any unauthorized person access to it, either before or after expiration or termination of this Agreement. You will take all
action reasonably necessary and satisfactory to protect the confidentiality of the Confidential Information in your possession, including, without limitation, implementing and enforcing operating procedures to minimize the possibility of
unauthorized use or copying of the Confidential Information. 
  
 7.    Term of Service; Termination; Effect
of Termination. 
  
 (a)  Term of Service.    This Agreement is for a
period of twelve (12) months from and after the Effective Date, subject to earlier termination as provided in Section 7(b) hereof. 

  
 (b)  Termination; Effect of Termination. 

 
 (i)  Termination.    This Agreement will terminate automatically upon the earliest of
(A) your death, (B) such date as you voluntary terminate service, by written notice to Calypte, or (C) the date upon which Calypte terminates your service hereunder for cause by giving written notice thereof to you, stating therein that such
termination is for cause and specifying in reasonable detail such cause, or (D) the date upon which your successor as Chairman of the Board of Calypte has been appointed. For purposes of this Agreement, “cause” is defined as your willful
failure to follow lawful and commercially reasonable directives of the Board, and/or intentional damage to the tangible or intangible property of Calypte, and/or conviction of a crime involving moral turpitude, and/or the performance of any
dishonest or fraudulent act which is or would be, in each case as determined in good faith by the Board, materially detrimental to the interest of Calypte and its other stockholders. 
  
 (ii)  Effect of Termination.    Upon termination of your service with Calypte hereunder for any reason, Calypte will pay you all of
your accrued and unpaid expenses, if any, provided, as to a given expense, you have submitted commercially customary support documentation to Calypte therefor. Your obligations of confidentiality hereunder will survive any such termination, and
termination hereof will not have any effect on any other binding agreement between Calypte and you except to the extent specifically so stated in such other agreement or agreements. Your termination hereunder will not be deemed to be a termination
of all your services with Calypte, for purposes of your Option, if you then are still serving Calypte as a consultant, including service as a Director. 
  
 8.    Prior Contracts.    You represent that except as disclosed in writing to Calypte, (a) there are no other contracts to assign Inventions, Designs or Materials that
are, as of the Effective Date, in existence between you and any other person or entity, and (b) as of the Effective Date, you have no employment, consultancies or undertakings which would restrict or impair your performance of this Agreement.

  
 9.    General.    This Agreement may be executed in counterparts, each of which
will be deemed an original, but both of which together will constitute one and the same instrument. This Agreement will be governed by the laws of the State of California without regard to its body of law controlling conflict of laws. This Agreement
is the complete and exclusive agreement between you and Calypte regarding the specific subject matter of this Agreement, which subject matter relates solely to your rendering of services to Calypte as a consultant in the position of Chairman of the
Board of Calypte, and not to any other binding agreement you may have with Calypte nor with respect to your service as a Director of Calypte, and supersedes in their entirety all prior agreements, understandings and communications, oral or written,
between us regarding such specific described subject matter. This Agreement will be binding upon and inure to our respective successors and assigns, and upon your heirs, executors and administrators, and may only be amended by a writing signed by
each of us or our respective successors, assigns or authorized representatives. 

  
 We look forward to continuing to work with you, Dave, as part of our team for the success of
Calypte. 
  

	 	Sin
	cerely, 
 

  

	 	/s/    NANCY E. KATZ 
 

	 	                                      
           
 

	 	Nancy E. Katz 
 

	 	President and Chief Executive Officer 
 

  
 ACCEPTED AND AGREED: 
  
 /s/    DAVID E. COLLINS 

_____________________________________________ 
 David Collins 
 Date:    December 19, 2001

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