Document:

EXHIBIT 10.22

      Confidential

      
 

    

    EMPLOYMENT
AGREEMENT

    

    This
Employment Agreement (“Agreement”), effective as of the 2 day of October 2006
(“Effective Date”), is entered into by and between Bovie Canada Corporation, an
Alberta, Canada unlimited liability company, or any Bovie substitute entity
thereof (hereinafter referred to as “the Company”), and Steve Livneh
(hereinafter referred to as “the Employee”), and is approved by the Bovie
Medical Corporation Board of Directors on the ____ day of __________
2006.

    

    WITNESSETH:

    

    WHEREAS,
the Company is (or shall be, as the case may be) a corporation existing and
authorized to do business in Ontario, Canada;

    

    WHEREAS,
the Company is (or shall be, as the case may be) a wholly-owned subsidiary of
Bovie Medical Corporation, a Delaware corporation (“Bovie”);

    

    WHEREAS,
Bovie and Lican Developments, Ltd., an Ontario, Canada corporation, entered into
that certain Asset Purchase Agreement, dated as of October 2, 2006, under which
Employee’s ongoing services to Company under this Agreement is a condition
precedent and condition subsequent for Lican Developments, Ltd.’s receipt of
certain elements of consideration thereunder; and

    

    WHEREAS,
the Company is desirous of securing Employee’s services and Employee is willing
to provide such services under the terms and conditions set forth in this
Agreement.

    

    NOW,
THEREFORE, for and in consideration of the mutual covenants contained herein,
the sufficiency of which is hereby acknowledged, Company and Employee (each, a
“Party,” and collectively, the “Parties”) agree as follows:

    

    
      	
              1)

            	
              EMPLOYMENT OF
      EMPLOYEE: The Company hereby agrees to employ the Employee, and the
      Employee hereby agrees to accept said employment pursuant to the terms and
      conditions of this Agreement.

            

    

    

    
      	
              2)

            	
              DUTIES: The
      Employee shall render, as a full-time employee, professional services as
      President of “Bovie Canada Corporation,” reporting to Bovie’s Chief
      Operating Officer or Chief Executive Officer, and shall perform such
      additional duties as may be assigned to the Employee by the Board of
      Directors of the Company. The Employee agrees to devote all of his time
      and efforts to the performance of his duties hereunder, except for
      customary vacations and reasonable absences due to illness, or other
      incapacity, as set forth herein, and to perform all of his duties to the
      best of his professional ability and to comply with such reasonable
      policies, standards, and regulations of the Company as are from time to
      time established by the Board of Directors of the Company. Nothing
      contained herein shall be construed so as to prohibit or prevent the
      Employee from engaging in any business activity as long as such activities
      do not conflict or interfere with the satisfactory performance of his
      duties hereunder, or which compete, directly or indirectly, with Company
      or its Affiliates.  "Affiliate(s)," as to either
      Party, means any other person or entity that, directly or indirectly,
      controls, is under common control with, or is controlled by, that Party.
      For purposes of this definition, "control" (including, with its
      correlative meanings, the terms "controlled by" and "under common control
      with"), as used with respect to any person or entity, shall mean direct or
      indirect ownership of more than Fifty Percent (50%) of the voting stock or
      (partnership) shares of such person or
entity.

            

    

    

    
      	
              3)

            	
              TERM: The
      initial term of employment under this Agreement shall commence on the
      Effective Date and shall continue until October 31, 2009, or until
      terminated as hereinafter provided (the “Term”). Subject to the approval
      of the Company’s Board of Directors, the Term of this Agreement shall be
      automatically extended for an additional term of two (2) years unless the
      Company provides the Employee with written notice of its intention not to
      renew this Agreement.

            

    

     

    
      
        	
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      Agreement – Steve Livneh (11.10.06)

              	
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    Confidential

     

    
      	
              4)

            	
              PLACE OF
      EMPLOYMENT: Unless expressly approved otherwise by the Company
      Board of Directors, during the Term, the Employee will permanently reside
      and work in the Ontario, Canada
area.

            

    

    

    
      	
              5)

            	
              COMPENSATION:
      For all services rendered to the Company, the Employee agrees to accept as
      total compensation the sum computed as follows, payable in accordance with
      the Company’s standard payroll procedures, established and approved by the
      Company Board of Directors, as
amended:

            

    

    

    
      	
               
      

            	
              a.

            	
              During
      the Term, the Employee shall receive the sum equal to One Hundred Fifty
      Thousand U.S. Dollars (US$150,000) per
year.

            

    

    

    
      	
               
      

            	
              b.

            	
              During
      the Term, Employee shall have use of a Company car, including Company-paid
      car maintenance, insurance and fuel expenses, subject to the Company
      guidelines set forth by the Company Board of Directors, as
      amended.

            

    

    

    
      	
               
      

            	
              c.

            	
              Bonuses:
      Shall be determined from time to time by the Company Board of Directors at
      its discretion.

            

    

    

    
      	
               
      

            	
              d.

            	
              During
      the Term, the Employee shall receive an increase in salary in the amount
      of Seven and One-Half Percent (7.5%) on each anniversary of Effective
      Date, subject to the review, approval and adjustment by the Company Board
      of Directors.

            

    

    

    
      	
              6)

            	
              VACATION/SICK:
      The Employee shall be entitled to a vacation with full pay, of three (3)
      weeks (fifteen (15) working days), during each 12-month period of
      Employee’s employment hereunder. The scheduling of any vacation shall be
      coordinated with the Company so that the needs of the Company are met to
      the extent reasonably possible. The Employee may be entitled to such
      further paid vacation as may be approved in writing by the Board of
      Directors of the Company. Any accrued vacation not taken by the Employee
      during a year shall be available for use in subsequent
      year.  The Employee may elect to receive a cash payment for one
      (1) week’s vacation, in lieu of taking such vacation, every calendar year
      during the Term.  The Employee shall be granted sick time in
      accordance with Company policy, as outlined in the Company’s Employee
      Handbook, as amended.  For the sake of clarity, all references
      to “Company’s Employee Handbook” refer to the approved employee handbook
      of Bovie Canada Corporation and not that of Bovie Medical
      Corporation.

            

    

    

    
      	
              7)

            	
              REIMBURSEMENT OF
      BUSINESS EXPENSES: The Company agrees to pay, either directly or
      indirectly, by payment to the Employee, for all the Employee’s approved
      entertainment, travel and miscellaneous business expenses incurred by him
      during the course of his employment. Employee shall be entitled, on
      approved business-related travel, coach airline tickets on domestic travel
      and business class airline tickets on international travel, and a full
      size rental automobile. As a prerequisite to any payment or reimbursement
      by the Company for business expenses (including expenses related to
      Employee’s use of the Company car as set forth in Section 5(b)), the
      Employee shall submit receipts of all such expenses to the Company, and
      the Company’s obligation to effect payment or reimbursement of such
      expenses shall be only to the extent of such
  receipts.

            

    

    

    
      	
              8)

            	
              ADDITIONAL
      BENEFITS: The Company shall obtain and pay for group medical and
      dental insurance for the Employee and his dependents, under such insurance
      program and plan that the Board of Directors of the Company deems
      appropriate and that fully complies with applicable Canadian law. The
      Company shall obtain and pay for term life insurance in the amount of
      $50,000.00 for the Employee under such insurance program and plan that the
      Board of Directors of the Company deems appropriate and that fully
      complies with applicable Canadian law. The Company shall further provide a
      disability plan upon such terms and conditions that are, at a minimum,
      equal to or better than those maintained by the Company as of the
      Effective Date.

            

    

     

    
      	
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    Confidential
 

    
      	
              9)

            	
              PROPERTY
      DEFINED: The Employee understands and agrees that Company
      Intellectual Property, files, customer files, correspondence, e-mails,
      memos, legal files, research files, engineering files, development
      materials, notes, analyses, compilations, studies, interpretations and
      other documents (regardless of form or medium) and information, form
      files, forms, examples, test data, samples, and all briefs and memoranda,
      and other work product, related in any way to Company customers, products,
      plans, designs, concepts, ideas, research, development, know-how, costs,
      prices, finances, marketing plans, business opportunities, or personnel
      are the sole and exclusive property of the Company (collectively “Company
      Property”); and the same shall remain in the possession of the Company and
      shall constitute the property of the Company irrespective of who prepared
      the same. The Employee shall not remove, photocopy, photograph or in any
      other manner duplicate, translate, compile, summarize, transmit, convey,
      or remove, said Company Property.   “Intellectual Property”
      means all intellectual property rights, both domestic and foreign,
      including any and all tangible and intangible trade secret rights, patents
      rights (including registrations, applications, renewals, extensions,
      continuations, divisions, reexaminations and reissues), processes,
      know-how, prototypes, specifications, drawings, designs, tools, industrial
      property rights, shop rights, inventions, improvements, developments or
      discoveries, whether conceived or made by Employee or not, and whether
      patentable (or registrable) or not.

            

    

    

    The
Company hereby expressly acknowledges and agrees that prior to the Effective
Date Employee was involved in the business of inventing.  The Company
hereby expressly agrees that Employee shall retain all right, title and interest
in and to any and all inventions and other Intellectual Property, developed by
the Employee, whether during the Term of this Agreement or otherwise, that does
not (i) compete with the business interests of the Company or (ii) infringe or
pertain to the Company Property (including, without limitation, the Company’s
Intellectual Property) (“Employee’s Intellectual
Property”).  Employee’s Intellectual Property shall not become Company
Property and shall be and remain, at all times, the sole and exclusive property
of the Employee.

    

    
      	
              10)

            	
              DISPOSITION OF
      PROPERTY DURING AND AFTER EMPLOYMENT: The Employee agrees and
      understands that all Confidential Information (as defined below) and
      Company Property are and shall remain, during and after the Term, the sole
      and exclusive property of the Company, and the Employee shall have no
      right, title or interest in or to the
same.

            

    

    

    
      	
              11)

            	
              TERMINATION OF
      EMPLOYMENT: The employment of the Employee may be terminated as
      follows:

            

    

    

    
      	
               
      

            	
              a.

            	
              By
      the death of the Employee, in which case the Company shall pay the
      Employee’s estate the basic annual compensation due the Employee,
      pro-rated through the date of
termination.

            

    

    

    
      	
               
      

            	
              b.

            	
              By
      the Employee, at any time upon at least sixty (60) days prior written
      notice to the Company, in which case the Company shall be obligated to pay
      the Employee the basic annual compensation due him pro-rated to the date
      of termination.

            

    

    

    
      	
               
      

            	
              c.

            	
              By
      the Company, without cause, with the majority approval of the Board of
      Directors of the Company, at any time upon at least thirty (30) days prior
      written notice to the Employee, and the Company shall be obligated to pay
      the Employee compensation currently in effect including all bonuses (if
      any), accrued or prorated, and approved expenses, up to the date of
      termination. During any subsequent time remaining on this Agreement, the
      Company shall pay the Employee the salary and benefits in effect at the
      time of termination, payable weekly or as otherwise mutually agreed in
      writing. Employee shall not have to account for other compensation from
      other sources or otherwise mitigate his damages due to termination
      pursuant to this subparagraph.

            

    

    

    
      	
               
      

            	
              d.

            	
              If
      the Company fails to meet its obligations to the Employee on a timely
      basis (which failure remains uncured thirty (30) days after Company’s
      receipt of Employee’s written notice thereof), or if there is a change in
      the control of the Company, the Employee may elect to terminate this
      Agreement.

            

    

    

    
      	
               
      

            	
              e.

            	
              By
      the Company, if during the term of this Agreement the Employee (i)
      violates the provisions of Paragraph 12 or Paragraph 13 hereof, (ii) is
      found guilty in a court of law of any crime of moral turpitude, or (iii)
      breaches this Agreement and such breach remains uncured ten (10) days
      after Employee’s receipt of Company’s written notice of Employee’s breach
      or threatened breach.

            

    

     

    
      	
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    Confidential
 

    
      	
              12)

            	
              NON-COMPETITION AND
      PRESERVATION OF NON-TRADE SECRET PROTECTIVE BUSINESS INTERESTS:
      During and upon expiration or termination of this Agreement, and for
      twelve (12) months thereafter, irrespective of the time, manner, or method
      of such expiration or termination, the Employee shall not, without the
      express written consent of the Company, directly or indirectly, consult
      with, render services to, or otherwise participate or attempt to
      participate in any manner in a business, which competes with the Company
      or its Affiliates, within the geographic areas where the Company or its
      Affiliates, or the Employee, conducted business during the twenty-four
      (24) month period directly preceding any expiration or termination of this
      Agreement, and Employee:

            

    

    

    
      	
               
      

            	
              a.

            	
              Shall
      not use or disclose any Confidential Information to any person or entity
      without the written authorization of the Company. “Confidential
      Information” includes, but is not limited to, information concerning
      Company’s or its Affiliates’ customers; products; designs; engineering and
      manufacturing methods; pricing information and methods; training and
      operational procedures; advertising, marketing, and sales information;
      financial information; and other data, concepts, strategies, methods,
      procedures or other confidential information, that is not a “trade
      secret,” as defined by Florida Statute §688.002 (2006), as
      amended;

            

    

    

    
      	
               
      

            	
              b.

            	
              Shall
      not solicit, directly or indirectly, any existing or potential client or
      customer with whom the Company has or may have a business relationship. A
      potential client or customer is defined as any person or entity that the
      Company or Employee actively solicited, or engaged in business activity,
      during the twenty-four (24) month period directly preceding the expiration
      or termination of this Agreement;

            

    

    

    
      	
               
      

            	
              c.

            	
              Shall
      not hire, recruit, or attempt to recruit, any person employed by the
      Company at the time of the expiration or termination of this Agreement for
      any person or business entity which competes or plans to compete with the
      Company;

            

    

    

    
      	
               
      

            	
              d.

            	
              Shall
      not adversely affect the Company’s customer goodwill associated with (1)
      an ongoing business by way of trade name, trademark, service mark, trade
      dress and the like; (2) a specific geographical location; or (3) a
      specific marketing or trade area;

            

    

    

    
      	
               
      

            	
              e.

            	
              This
      Non-Competition and Protection of Non-Trade Secret Protectable Business
      Interest Business Interest provision is expressly intended to benefit the
      Company and its Affiliates, their respective successors and assigns (the
      “Third Party Beneficiaries”), and the Company and the Third Party
      Beneficiaries are expressly authorized to enforce this provision;
      and

            

    

    

    
      	
               
      

            	
              f.

            	
              Employee
      agrees that the precise value of the covenants in Section 12 (and Section
      13) are so difficult to evaluate that no accurate measure of liquidated
      damages could possibly be established and that, in the event of a breach
      or threatened breach, the Company is entitled to temporary and permanent
      injunctive relief restraining Employee from such breach or threatened
      breach. In the event that any covenants made in this Section shall be more
      restrictive than permitted by applicable law, it shall be limited to the
      extent which is so permitted.

            

    

    

    
      	
              13)

            	
              PRESERVATION OF TRADE
      SECRETS: During the Term, and upon the expiration or termination of
      this Agreement, the Employee shall not, directly or indirectly, use or
      disclose any “trade secret” (as that term is defined by Florida Statute
      §688.002 (2006), as amended) of the Company or its Affiliates, or allow
      any such trade secret to be disclosed to or used by any person or entity,
      for any reason or purpose whatsoever, except as expressly authorized, in
      writing, by Bovie’s Chief Executive Officer or Chief Operating Officer. In
      addition, the Employee will not accept any employment or other business
      relationship which would, by the nature of the position, involve the
      inevitable disclosure of any such trade
secret.

            

    

     

    
      	
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    Confidential
 

    This
Non-Disclosure of Trade Secrets provision is expressly intended to benefit the
Company and the Third Party Beneficiaries, and the Company and the Third Party
Beneficiaries are expressly authorized to enforce this provision.

    

    
      
        	
                14)

              	
                INDEMNIFICATION:
      The Company shall indemnify the Employee from liability in connection with
      his acting as an officer or director of Company, including but not limited
      to, indemnification for legal expenses and out-of-pocket disbursements in
      connection with defense of any claim or lawsuit against him based upon
      acts or omissions by him during the period that he was an officer or
      director of the Company. However, the foregoing indemnification as to
      certain acts shall not apply in the event it is determined by a court of
      competent jurisdiction that the Employee, during his tenure as an officer
      or director had (a) breached his duty of loyalty to the Company or its
      stockholders; (b) acted not in good faith or had intentionally acted
      against the best interests of the Company or the stockholders; (c) paid
      unlawful dividends or made unlawful stock repurchases or redemptions; or
      (d) engaged in a transaction in which he had received an improper personal
      benefit against the interest of the Company or its
      shareholders.

              

      

    

    

    
      
        	
                15)

              	
                NOTICES: Any
      notice required or permitted to be given pursuant to the provisions of
      this shall be sufficient if in writing, and if personally delivered to the
      Party to be notified or, if sent by registered or certified mail, to said
      Party at the following
addresses:

              

      

    

    

    
      
        
          	
                  If
      to the Company:

                	 
      	
                  Bovie
      Medical Corporation

                
	 
      	 
      	
                  7100
      30th
      Avenue North

                
	 
      	 
      	
                  St.
      Petersburg, FL 33710

                
	 
      	 
      	
                  Attn:
      Moshe Citronowicz, COO & VP

                
	 
      	 
      	 
      
	
                  If
      to the Employee:

                	 
      	
                  Steve
      Livneh

                
	 
      	 
      	
                  3180
      Grand Marais Blvd. E.

                
	 
      	 
      	
                  Windsor,
      Ontario

                
	 
      	
                    

                	
                  Canada
      N8W 4W5

                

        

      

    

    

    
      
        	
                16)

              	
                UNREASONABLE
      COMPENSATION: It is agreed that in the event all or any part of the
      compensation paid to the Employee hereunder shall be disallowed by the
      Internal Revenue Service as a deduction by the Company under Section 162
      of the Internal Revenue Code of 1986, as amended, (or shall be disallowed
      as a deduction for state or local income purposes) and interest or other
      tax “costs” to the Company, as the case may be, attributable to said
      disallowance shall be determined and shall be a debt payable on demand by
      the Employee to the Company, which the Company may recover as a setoff
      against future compensation.

              

      

    

    

    
      	
              
                17)

              

            	
              
                BYLAWS;
      MISCELLANEOUS: This Agreement is made subject to and with reference
      to the Bylaws of the Company, which are incorporated herein by reference,
      and which the Employee accepts as binding upon
  him.

              

            

    

    

    
      	
              
                18)

              

            	
              
                SEVERABILITY:
      In the event any portion of this Agreement is held to be invalid or
      unenforceable, the invalid or unenforceable portion or provision shall not
      affect any other provision hereof and this Agreement shall be construed
      and enforced as if the invalid provision had not been
      included.

              

            

    

    

    
      	
              
                19)

              

            	
              
                BINDING EFFECT:
      This Agreement shall inure to the benefit of and shall be binding upon the
      Company and upon any person, firm or corporation with which the Company
      may be merged or consolidated or which may acquire all or substantially
      all of the Company’s assets through sale, lease, liquidation or otherwise.
      The rights and benefits of Employee are personal to him and no such rights
      or benefits shall be subject to assignment or transfer by
      Employee.

              

            

    

    

    
      	
              
                20)

              

            	
              
                GOVERNING LAW:
      The laws of the State of Florida, without regard to their choice of law
      principles, govern all matters arising from or related to this
      Agreement.

              

            

    

     

    
      	
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    Confidential

     

    
      
        	
                21)

              	
                ENTIRE
      AGREEMENT: This Agreement constitutes the entire agreement between
      the Parties and supersedes and replaces any prior agreement regarding the
      subject matter hereof, and there are no other agreements between the
      Parties pertaining to such subject matter, except as expressly set forth
      herein.

              

      

    

    

    
      	
              
                22)

              

            	
              
                AMENDMENT AND
      MODIFICATION: All terms, conditions and provisions of this
      Agreement shall remain in full force and effect unless modified, changed,
      altered or amended, in writing, executed by authorized representatives of
      both Parties.

              

            

    

    

    
      IN WITNESS WHEREOF, the
Parties hereto have set their hands and seals effective on this day and year
first above written.

    

    

    The
undersigned representatives of the Bovie Medical Corporation (“Bovie”) hereby
acknowledge that Bovie shall guarantee all of the obligations of the Company
owning to the Employee under the terms and conditions of this
Agreement.

    

    
      
        
          
            
              
                
                  
                    
                      	 	
                              EMPLOYEE:
      Steve Livneh

                            	 	
                              COMPANY:
      Bovie Canada Corporation

                            
	 	 
      	 	 
      
	 	
                              /S/ Steve livneh

                            	 	 
      
	 	
                              Steve
      Livneh, Employee

                            	 	
                              Andrew
      Makrides, CEO (Bovie)

                            
	 	 
      	 	 
      
	 	 
      	 	
                              /S/ Moshe Citronowicz

                            
	 	 
      	 	
                              Moshe
      Citronowicz, VP & COO
(Bovie)

                            

                    

                  

                

              

            

          

        

      

    

    

    
      
        
          
            
              
                
                  
                    
                      
                        	 	
                                Signed
      Sealed and delivered in the presence of:

                              	 	 
      
	 	 
      	 	 
      
	 	 
      	 	 
      
	 	
                                Witness

                              	 	
                                Witness
      for Mr. Makrides

                              
	 	 
      	 	 
      
	 	 
      	 	 
      
	 	 
      	 	
                                Witness
      for Mr.
Citronowicz

                              

                      

                    

                  

                

              

            

          

        

      

    

     

    
      	
              Employment
      Agreement – Steve Livneh (11.10.06)

            	
              Page
      6 of 6EXHIBIT 10.23

    AMENDMENT
AGREEMENT

    

    Amendment Agreement dated June 22, 2006 among Henvil Corp., an Ontario
Canada Corporation, (“Henvil”), Steve Livneh, (“Livneh”) its
sole shareholder and principal, (collectively “Consultants”) as parties of the
first part, and Bovie Medical
Corporation, a Delaware Corporation (“Bovie”) as party of the second
part.

    

    WITNESSETH

    

    WHEREAS the parties have
heretofore entered into an agreement dated as of January 11, 2006 (the
“Agreement”)

    

    WHEREAS the parties are
desirous of clarifying and correcting a drafting error and misunderstanding as
to a certain aspect of the Agreement.

    

    NOW THEREFORE in
consideration of the premises and mutual covenants herein
continued,

    

    IT
IS HEREBY AGREED:

    

    
      	
               
      

            	
              1.

            	
              Paragraph
      2.3 of the Agreement is hereby amended to read as
  follows:

            

    

    

    Stock Options: As
additional compensation  for Steve Livneh, Bovie shall,subject to
Section 2.3.1 below, issue to Livneh, or to a company owned 50% or more by him
or to a family member designated by him, when requested, a total of 100,000
restricted stock options to purchase 100,000 restricted shares of Common Stock
of Bovie, exercisable at the closing price for Bovie’s Common Stock on the
American Stock Exchange as of the close of business on the date of execution of
the Agreement.

    

    
      	
               
      

            	
              2.

            	
              Except
      as amended hereby, the Agreement is hereby ratified and
      approved;

            

    

    

    IN WITNESS WHEREOF, the
parties have set forth their signatures this 22 day of June,
2006.

    

    
      
        
          
            
              
                	BOVIE
      MEDICAL CORPORATION
	 
      	 
      
	
                        By:

                      	
                        /S/ Andrew Makrides

                      
	 
      	
                         
      Andrew Makrides, President

                      
	 
      	 
      
	HENVIL
      CORPORATION
	 
      	 
      
	
                        By:

                      	
                        /S/ Steve Livneh

                      
	 
      	
                         
      Steve Livneh, President

                      
	 
      	 
      
	 
      	
                        /S/ Steve Livneh

                      
	 
      	
                         
      Steve
Livneh

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