Document:

EXHIBIT 10.5

    EMPLOYMENT AGREEMENT made as of the 1st day of November, 2002 by and between
BIOLIFE SOLUTIONS, INC., a Delaware corporation (hereinafter referred to as the
"Company"), and ALAN F. RICH, residing at 9 Harvest Lane, North Reading, MA
01865 (hereinafter referred to as "Employee").

                              W I T N E S S E T H:
                              - - - - - - - - - -

    WHEREAS, the Company desires to employ Employee, and Employee is willing to
accept such employment, all on the terms and subject to the conditions
hereinafter set forth.
    NOW, THEREFORE, in consideration of the terms and conditions hereinafter set
forth, the parties hereto agree as follows:
    1.   Employment
         The Company hereby employs Employee, and Employee hereby accepts
employment with the Company, as Vice President of Sales and Marketing, on the
terms and conditions herein set forth.
    2.   Term of Agreement
         Unless terminated sooner pursuant to the express provisions hereof, the
term of employment hereunder shall commence on the date hereof (the
"Commencement Date"), shall continue through October 31, 2004 (the "Original
Term"). The Original Term shall be automatically extended for two additional
one-year periods upon the terms and subject to the conditions contained herein,
unless the Company notifies Employee, in writing, not less than 90 days prior to
the commencement of any such one-year period, that the term of employment shall
not be extended. The period commencing with the Commencement Date through the
end of the term of Employee's employment hereunder is hereinafter referred to as
the "Employment Period."

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    3.   Duties
         During the Employment Period, Employee shall perform such functions as
are normally carried out by the Vice President of Sales and Marketing of a
business of the type in which the Company is engaged, and such other functions
as the President and CEO (the "CEO") and the Board of Directors of the Company
(the "Board") shall from time to time reasonably determine. Employee shall
devote his energies and abilities exclusively to the Company's business pursuant
to, and in accordance with, reasonable business policies and procedures, as
fixed from time to time by the CEO and the Board. Employee covenants and agrees
that he will faithfully adhere to and fulfill such policies as are established
from time to time by the CEO and the Board of Directors. Employee shall not be
assigned, by the CEO or the Board of Directors, responsibilities, in any
material manner, inconsistent with his position as Vice President of Sales and
Marketing.
    4.   Compensation
         4.1 During the Employment Period, Employee's base salary shall be in
the amount of $150,000 per annum, payable bi-weekly or, in the event the Company
changes its current payroll period, in accordance with the Company's changed
payroll procedures.
         4.2 During the Employment Period, in addition to Employee's base
salary, Employee shall be entitled to quarterly commissions of four percent
(4%), payable within thirty (30) days of the end of each quarter with respect to
monies received during such quarter, on (a) the sale of products, and (b) the
receipt of new contracts, including government contracts, for the purchase of
products or optimization services ("Commissionable Contracts"); provided,
however, that there shall be excluded from Commissionable Contracts existing
contracts that are renewed prior to January 1, 2003. No commission shall be paid
with respect to grants (government or otherwise) received by the Company to
further research and development.

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         4.3 During the Employment Period, the Company will provide Employee
with a non-accountable automobile allowance of $600.00 per month.
         4.4 During the Employment Period, the Company will provide Employee
with family coverage for Blue Cross/Blue Shield (or equivalent thereof) and
major medical insurance coverage.
         4.5 Employee shall also be eligible, to the extent he qualifies, to
participate in such fringe benefit plans (including retirement, pension, life or
other similar employee benefit plans), if any, which the Company may from time
to time make available to its employees, provided that the Company shall have
the right from time to time to modify, terminate or replace any and all of such
plans.
         4.6 The Company shall reimburse Employee for all reasonable business
expenses incurred by Employee in connection with the performance of his duties
hereunder, provided Employee submits supporting vouchers for such expenses.
         4.7 Employee shall be entitled to a four-week paid vacation each year
during the Employment Period, to be taken at such time as is consistent with the
needs of the Company and the convenience of Employee.
    5.   Stock Options
         On the Commencement Date, Employee shall be granted a 10 year Stock
Option ("Option"), under the Company's 1998 Stock Option Plan, to purchase
400,000 shares of the Company's common stock, par value $.001 per share, at a
price of $.25 per share. The Option shall vest over a 4-year period to the
extent of 100,000 shares commencing with the first anniversary date of the
Commencement Date and an additional 100,000 shares commencing with each of the
next three anniversary dates thereof; provided, however, that in the event of a
sale of all or substantially all of the assets or all of the outstanding shares
of capital stock of the Company or the merger of the Company with or into
another entity involving a "change of control" (i.e. an ownership change of more
than 50%), in addition to that part of the Option which already has vested,
there shall vest, immediately prior to the consummation of such event, all
remaining Options.

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    6.   Termination
         The Employment Period shall terminate upon the happening of any of the
following events:
         6.1 Automatically and without notice upon the death of Employee.
         6.2 Employee leaves the employ of the Company.
         6.3 Upon written notice of termination from the Board of the Company to
Employee in the event that Employee becomes physically or mentally disabled
("Disability") during the Employment Period such that (a) in Board's good faith
judgment, Employee is permanently incapable of properly performing the duties
customarily performed by him hereunder, or (b) such Disability lasts for a
period of 60 consecutive days or 90 days in any 150 day period and the Board
elects to treat such Disability as being permanent in nature;
         6.4 Upon discharge of Employee, on written notice, by the Board for
cause. For purposes of this Agreement, "cause" shall mean the following: the
commission of a felony or crime involving moral turpitude or other act causing
material harm to the Corporation's standing and reputation, failure to carry
out, after reasonable written notice of such failure, the reasonable policies of
the Board as they may relate to Employee's duties hereunder (other than for
reasons beyond his control), persistent absenteeism, a material default or
breach of any of the covenants made by Employee in this Agreement, a breach of
Employee's duty of loyalty to the Company or any act of dishonesty or fraud with
respect to the Company, failure to make, in the sole and exclusive opinion of
the Board, satisfactory progress toward the Milestones set forth in Annex A
hereto, or the Employee's willful engaging in misconduct injurious to the
Company.

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         6.5 In the event any one of the foregoing events referred to in
Sections 6.1 through 6.4 hereof shall occur, the Company shall be obligated to
pay to Employee the compensation due him under Section 4.1 hereof up to the date
of termination only and Employee shall not be entitled to receive any additional
compensation of any nature whatsoever.
         6.6 In the event that Employee's employment with the Company is
terminated by the Board during the Employment Period for a reason other than as
is set forth above in Sections 6.1 through 6.4 hereof, the Company shall be
required to continue to pay Employee the salary provided for in Section 4.1
hereof for a period of six (6) months; provided, however, that the Employee
shall have affirmative obligation to seek comparable employment and mitigate the
Company's damages.
    7.   Non-Competition
         7.1 In view of the unique and valuable services that Employee has
rendered and is expected to render to the Company, and Employee's knowledge of
the business of the Company and proprietary information relating to the business
of the Company and similar knowledge regarding the Company that Employee has
obtained and is expected to obtain during the course of his employment with the
Company and in consideration of the compensation to be received by Employee
hereunder, Employee agrees that during the Employment Period and for a period of
(twenty-four) months immediately following the termination or expiration
thereof, Employee will not compete with, or, directly or indirectly, own,
manage, operate, control, loan money to, or participate in the ownership,
operation or control of, or be connected with as a director, partner,
consultant, agent, independent contractor or otherwise, or acquiesce in the use
of his name in any other business or organization which is in competition with
the Company in any geographical area in which the Company is then conducting
business or any geographical area in which, to the knowledge of Employee at the
time of cessation of employment, the Company plans to conduct business within
twenty four months from the date thereof.

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         7.2 Employee will not, during the twenty-four months following
termination, solicit or interfere with, or endeavor to entice away from the
Company, any of its employees or customers without the written consent of the
Company or unless such employee is Employee's personal secretary.
         7.3 Since a breach of the provisions of this Section 7 could not
adequately be compensated by money damages and will cause irreparable injury to
the Company, the Company shall be entitled, in addition to any other right or
remedy available to it, to an injunction or restraining order restraining such
breach or a threatened breach, and no bond or other security shall be required
in connection therewith, and Employee hereby consents to the issuance of any
such injunction or restraining order. Employee agrees that the provisions of
this Section 7 are reasonable and necessary to protect the Company and its
business. It is the desire and intent of the parties that the provisions of this
Section 7 shall be enforced to the fullest extent permitted under the public
policies and laws applied in each jurisdiction in which enforcement is sought.
If any restriction contained in this Section 7 shall be deemed to be invalid,
illegal or unenforceable by reason of the extent, duration or geographical scope
thereof, or otherwise, then the court making such determination shall have the
right to reduce such extent, duration, geographical scope or other provision
hereof and in its reduced form such restriction shall then be enforceable in the
manner contemplated hereby.
         7.4 No provision of this Agreement shall be deemed to preclude Employee
from serving as a director on the board of companies not in competition with the
Company or of charitable organizations, provided, that any such directorship or
consulting activities do not reduce Employee's ability to attend to his duties
on behalf of the Company.

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    8.   Entire Agreement
         The provisions hereof and the agreements referred to herein constitute
the entire agreement between the parties with respect to the subject matter
hereof and supersede any prior oral understanding, and no modification,
supplement or discharge hereof shall be effective unless in writing and executed
on behalf of the Company and Employee.
    9.   Assignability
         This Agreement, and its rights and obligations may not be assigned by
Employee. The Company may assign any of its rights and obligations hereunder to
a successor or surviving corporation resulting from a merger or consolidation of
the Company, the sale by the Company of all or substantially all of its assets
or other similar corporate reorganization, upon condition that the assignee
shall assume, either expressly or by operation of law, all of the Company's
obligations hereunder.
    10.  Waiver
         No waiver by either party of any condition, term or provision of this
Agreement shall be deemed to be a waiver of any prior or succeeding breach of
the same or of any other condition, term or provision thereof.
    11.  Notices
         All notices required or permitted to be given by either party hereunder
shall be in writing and mailed by registered mail, return receipt requested, to
the other party at the address set forth above or such different address as may
be given by notice as provided for herein. Any notice mailed as provided above
shall be deemed given seven (7) days after the date of mailing or on the date of
receipt, whichever is sooner.

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    12.  Counterparts
         This Agreement may be executed in several counterparts, each of which
shall be deemed an original but all of which together shall constitute one and
the same instrument.
    13.  Construction
         This Agreement shall be construed in accordance with the laws of the
State of Delaware.

    IN WITNESS WHEREOF, the parties hereto have executed this Agreement on the
day and year first above written.

                                    /s/ Alan F. Rich
                                    ___________________________________
                                    ALAN F. RICH

                                    BIOLIFE SOLUTIONS, INC.

                                    By: /s/ John G. Baust
                                       ________________________________
                                       JOHN G. BAUST

                                       8FY2002 10K Exhibit 10.63

Exhibit 10.63

SERVICE AGREEMENT

This agreement entered into by DVS KOREA CORPORATION,
hereinafter referred to as the "COMPANY," and Dong IL, hereinafter
referred to as the "CONTRACTOR", pursuant to the following
Clauses:

In consideration of the covenants and conditions hereinafter
set forth, Company and Contractor agree as follows:

CLAUSES

I. SERVICES

The CONTRACTOR covenants and agrees to contract, exclusively with the
COMPANY, for the service and/or manufacture of electronic components and related
works.  The CONTRACTOR guarantees that the service and/or manufacture of such
products shall be carried out in strict compliance with instructions and
specifications of the COMPANY.  Such products shall under no circumstances be
sold to the third party by the CONTRACTOR.

II. SERVICE ORDER

	The CONTRACTOR shall assemble or manufacture of Computer accessories
and/or DVD ROM Driver and Loader, hereinafter referred to as the
"PRODUCTS," by utilizing its own equipment and machinery.  The raw
materials shall be provided by the COMPANY and are to be used exclusively in and
for the works that is to be carried by the CONTRACTOR for the COMPANY.  The
COMPANY shall notify the CONTRACTOR, whenever possible, of its expected schedule
of the PRODUCT, specification, price, delivery, quantity, payment terms, and
others, which hereinafter referred to as the "SERVICE ORDER."  The
SERVICE ORDER shall become a binding individual contact after five (5) working
days from the notice or the date of an acceptance notice by the CONTRACTOR,
whichever is earlier.
	If the SERVICE ORDER can not specify the delivery dates due to the various
production schedules, the COMPANY shall issue an individual delivery schedule
notice to the CONTRACTOR who shall later accept the notice for the SERVICE ORDER
to become a binding contract. 

III. PAYMENT FOR SERVICES

	The COMPANY agrees to pay to the CONTRACTOR for the works done or to be
done the service fees stipulated in the individual SERVICE ORDER, which are
usually determined in advance, based on the cost estimation or standard costs
presented by the CONTRACTOR.
	The COMPANY shall bear the corresponding shipping charges, freight cartage
and insurance to such places and destinations as the COMPANY may determine,
which shall be included in the service fee stated foregoing.

IV. DELIVERY OF RAW MATERIALS, TOOL, AND SPARE PARTS

	The CONTRACTOR may assemble or manufacture the PRODUCT with raw
materials, tools, and spare parts which have been provided or with henceforth
shall be provided by the COMPANY in accordance with the SERVICE ORDER.
	The CONTRACTOR shall verify the quantity, defect, and/or any deficiencies
upon receiving such materials and parts without delay and shall notify the
COMPANY of the receipt in writing.
	The CONTRACTOR shall account for those materials and parts as the exclusive
property of the COMPANY in all its accounting purpose.
	The CONTRACTOR may not under any circumstances or for any reason sell, or in
any other manner dispose of, any of such materials and parts other than the
purpose indicated in this agreement and/ or SERVICE ORDER.
	The CONTRACTOR should return or dispose the remaining inventory of such
materials and parts upon consummation of the service in strict compliance with
instructions of the COMPANY.
	The CONTRACTOR shall be assured that such materials and parts be maintained
with due cares at all time and be ultimately responsible for in any manner
deficiencies, theft, or losses during in its possession.  Such materials and
parts shall be immediately returned to the COMPANY whenever requested for any
reason. 
	The CONTACTOR shall immediately notify the COMPANY of any possibility or
occurrences that may influence on the ownership or such materials and parts in
the events of bankruptcy, claims, demands, labor dispute, and/or any and all
similar actions.  The CONTRACTOR, at the same time and by all means, shall
separate such materials and parts owned by the COMPANY from its own to be
harmless by such actions.
	The CONTRACTOR may manufacture or acquire tools and spare parts at its
expenses when agreed by the COMPANY.  Such expenses may be reimbursed by
adjusting the service fee within a certain period of time.  The ownership of
such tools and spare parts shall be transferred to the COMPANY to the extent of
costs or expenses reimbursed.  Such tools and spare parts shall not be in any
manner used for purpose other than carrying out this agreement.

V. INSURANCE

	The CONTRACTOR shall at all times during this agreement, at its
expenses, keep in full force and effect the property insurance to cover the
maximum carrying amount of property of the Company's property in its
possession.
	Such insurance policy shall name the COMPANY as loss payees.

VI. ASSEMBLY LOSS

	The parties shall mutually agree the normal material loss to be incurred
in performing the work hereby contracted after the first 3 month of contract
period.  The material losses have been incurred before such an agreement shall
be subject to the separate negotiation.
	The CONTRACTOR shall be responsible for the excessive losses than agreed
hereinabove.

VII. DELIVERY AND INSPECTION

	The CONTRACTOR shall deliver products covered by this agreement and
SERVICE ORDER to such places and destinations as the COMPANY may determine,
along with commercial invoices, the certificate of inspection, and/or other
documents required by the COMPANY.
	In the event of delay on delivery, the CONTRACTOR shall pay to the COMPANY a
late charge  equal to .3% (3/1,000) per day of the individual SERVICE ORDER
amount plus, but not limited to, the material costs and other incidental
costs.
	The COMPANY shall issue a receipt upon receiving the products and shall
subsequently conduct inspections in accordance with the quality assurance
agreement herein attached.  The SERVICE ORDER shall be consummated at the time
the COMPANY notify the CONTRACTOR of the passing result of the inspection, not
the time of delivery.
	The product failed by the quality test or inspection shall be treated in
accordance with the quality assurance agreement herein attached.

VIII. PAYMENT TERM

	The COMPANY shall, in the absence of separate agreement, pay to the
CONTRACTOR for the products passed on the inspection or test hereinabove
referred to at least once a month in a regular basis within 60 days from the
delivery of the contracted products.
	The COMPANY may offset the payment with any receivables that have been
incurred in relation to the material purchases in lieu of the CONTRACTOR

IX. QUALITY ASSURANCE AND INSPECTION

	The quality assurance agreement herein attached shall govern all
inspection or test contemplated in this agreement.
	The CONTRACTOR shall attach work flow charts and all other quality control
documents to the quality assurance agreement.

X. AFTER SERVICE

The COMPANY may request the CONTRACTOR for a separate
after service agreement at all times at its sole discretion.  The CONTRACTOR
must comply in the event of such a request.

XI. ENVIRONMENTAL LAWS

	The CONTRACTOR shall not violate any environmental laws or regulations
in performing the work herein contracted.
	The CONTRACTOR shall not use or cause any hazardous materials, air
pollution, and/or contamination in performing the work and in the course of
delivery.  The CONTRACTOR shall also strictly adhere to all governing
environmental laws and regulations in all aspects of service.

XII. REMEDY ON DEFACTS

The CONTRACTOR shall be responsible for any direct and
actual damages or detriments to the COMPANY that have been incurred or to be
incurred by its failure to maintain quality assurance, notwithstanding the
defects or problems were found even after inspection with passing results, in
accordance with the quality assurance agreement herein attached.

XIII. INFRINGEMENT ON INTELLECTUAL PROPERTIES  

	The CONTRACTOR shall not at any time or in any manner use the intellectual
properties owned by the COMPANY, including, but not limited to, patents, copy
rights, ideas, trade marks and/or other property rights, other than the purpose
of executing this agreement.
	The CONTRACTOR shall not infringe any intellectual properties held by any
third party in the performance of service under this agreement.
	The CONTRACTOR shall immediately notify the COMPANY of any possibility or
actual events that indicate the dispute in infringement of the intellectual
properties held by the third parties.  In the event of such disputes, the
CONTRACTOR shall defend at its own risk and expenses.  The CONTRACTOR shall also
indemnify and hold the COMPANY harmless from all claims, losses, and expenses.
Nonetheless, in the event that such disputes are related with the intellectual
properties owned by the COMPANY, the CONTRACTOR shall fully cooperate with the
COMPANY in all aspects of legal proceedings and/or arbitration process.
	The CONTRACTOR shall, if any, be responsible for the direct and actual
damages to the COMPANY that are caused by such disputes aforementioned on 1, 2,
and 3.

XIV. CONFIDENTIALITY

The parties recognize and acknowledge that any
confidential information, including drawings, processes, and other business
secrets of every kind and character, of the other party that was obtained in the
course of business shall not be disclosed, divulged, or communicated to the
third parties without a written approval or permission, during and/or following
the execution of this agreement.

XV. ASSISTANCE AND COOPERATION

The COMPANY may provide the CONTRACTOR with assistance and advice in
management, technologies, know-how, production management, and quality control
whenever deemed necessary.  The COMPANY may visit at any time the Contractor's
facility for the supervision of all scopes of requirement.  The CONTRACTOR shall
fully cooperate with the COMPANY whenever requested.

XVI.REPORTING REQUIREMENT AND COOPERATION

	The COMPANY may request the CONTRACTOR for the reports on production,
management, and quality and inventory control, whenever deemed necessary, to the
extent of the performance of service under this agreement.  The COMPANY may also
inspect on the operation of the Contractor's facility, including scheduling of
production, the establishment and maintenance of production, quality and
inventory control at all times at its discretion.  
	The CONTRACTOR shall fully cooperate with the COMPANY without limitation
whenever requested for such reports.

XVII. PROHIBITION OF SUBCONTRACT OR ASSIGNMENT

	The CONTRACTOR shall not enter into a subcontract or an assignment
contract with the third parties for the products and the service herewith this
agreement without a written form of approval by the COMPANY.  The CONTRACTOR
shall also not transfer or entrust any receivables or payables associated with
this agreement to the third parties or provide the third parties with such
receivables as any form of collateral, without a written consent by the
COMPANY.
	In the event that such a subcontract is to be made with the Company's
consent, the CONTRACTOR shall be jointly responsible for any obligation that the
third party subcontractor be assumed to the COMPANY.

XVIII. RESTRICTION ON OTHER ACTIVITIES

Without a written consent by the COMPANY, the CONTRACTOR
shall not assemble or manufacture the products with the Company's specification
in excess of the quantity in  SERVICE ORDER and shall under no circumstances
use, sell, or export such products and defect products to the third parties.
The CONTRACTOR shall also not let the third parties do such activities on
purpose.

IXX. TERM

This agreement shall commence upon signing by both parties and shall
expire on______ .  The term shall be automatically extended by a
full year in the absence of the termination notice by any parties on or before
three (3) month prior to the expiration date set forth above.  Nonetheless, the
maximum of two (2) automatic extensions shall be granted and this agreement
shall be terminated thereafter.

XX. TERMINATION

	A party may terminate in part of or whole agreement herein without
further obligation in the case that one or more of the followings have been
occurred or could be occurred to the other contracting party.

	The other party does not provide any remedy for breach or threatened breach
of any covenant of this agreement within thirty (30) days from the date of
remedy request by the party noticed of such a breach.
	A party reasonably assure that the other party is no longer able to carry
out this agreement due to bankruptcy, substantial demands or legal disputes,
foreclosures, and any other similar proceedings against the other party  
	The other party initiates a liquidation process, sells its substantial
portion of properties or business, and/or merges into the third party.

	Any party with the events or incidents set forth above, either directly or
indirectly, shall immediately notify the other party of the possible cause in
the termination of this agreement.
	Any party that has been terminated, either in part or whole, in accordance
with the above sub-clause 1, shall immediately pay off any remaining
indebtedness to the other party, regardless of payment term.
	In the event of termination hereby enforced with this clause, either in part
or whole, the CONTRACTOR shall immediately return all materials, tools, and
spare parts, which have been provided in accordance with the aforementioned
clause IV, to the COMPANY.   

XXI. REPARATION FOR DAMAGES

A party that causes in any damages, either actual or
constructive, by failing to substantially perform any covenant, term or
condition of this agreement shall compensate all direct and actual damages to
the other party.

XXII. INDEMNITY

The CONTRACTOR agrees to indemnify, defend, and hold the
COMPANY harmless for any and all action, cause of action, claims, demands, cost,
liabilities, expenses and damages, including attorney's fees, arising out of, or
in connection with the product assembled or manufactured by the CONTRACTOR
and/or injury, death, or property damage in the course of executing this
agreement.  Nonetheless, the CONTRACTOR shall not be obligated to indemnify the
COMPANY in the event that such damages have been incurred due to the substantial
or willful default by the COMPANY.

XXIII. REPORTING REQUIREMENT

The CONTRACTOR shall provide the COMPANY with the
following reports at the time of this agreement and at any time requested by the
COMPANY.

	A copy of business facts with the form provided by the COMPANY.
	Two copies of the structure of quality assurance program.
	A copy of Financial Statements.
	A copy of the tax clearance certificate.
	A copy of the articles of incorporation.
	A copy of business license.
	A copy of registered corporate seal.
	Any other documents the COMPANY requests.

XXIV. MISCELLANEOUS

	The CONTRACTOR covenants and agrees to comply with all existing laws and
regulations, including Labor laws, in the execution of this agreement.
	The parties agree that this agreement is to be construed under the law of
Republic of Korea, and no changes will be valid except when made in writing by
both parties.
	Any controversy, claim or dispute arising out of or relating to this
agreement or the relationship, either during the existence f the relationship or
afterwards, between the parties hereto shall be litigated solely in the
municipal court in the Company's legal domicile.

HAVING READ THE ABOVE AGREEMENT, the parties accepted,
ratified and signed it on January 4, 2001.

	

"THE COMPANY"

DVS KOREA CORPORATION

 

Mr. Byung Hun Lee

President

	

"THE CONTRACTOR"

Dong IL

 

Ms. Young Ja Lee

President

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