Document:

Independent Consulting Agreement

 Exhibit 10.41 
 INDEPENDENT CONSULTING AGREEMENT 
 This Independent Consulting Agreement (“Agreement”),
effective as of the 2nd day of July 2007 (“Effective Date”) is entered into by and between CATCHER HOLDINGS, INC., a Delaware corporation (herein referred to as the “Company”) and SALZWEDEL FINANCIAL COMMUNICATIONS,
INC., an Oregon corporation (herein referred to as the “Consultant”). 
 RECITALS 
 WHEREAS, the Company is a publicly-held corporation with its common stock traded on the NASDAQ Pink Sheets 
 WHEREAS, Company desires to engage the services of Consultant to represent the company in investors’ communications and public relations with
existing shareholders, brokers, dealers and other investment professionals as to the Company’s current and proposed activities, and to consult with management concerning such Company activities; 
 NOW THEREFORE, in consideration of the promises and the mutual covenants and agreements hereinafter set forth, the parties hereto covenant and
agree as follows: 
 1. Term of Consultancy. Company hereby agrees to retain the Consultant to act in a consulting capacity to the Company, and the
Consultant hereby agrees to provide services to the Company commencing immediately and ending on July 3rd, 2008 unless otherwise terminated earlier as provided herein. 
 2. Duties of Consultant. The Consultant agrees that it will generally provide the following specified consulting services through its officers and employees during the term specified in Section 1, above.

 (a) Consult with and assist the Company in developing and implementing appropriate plans and means for presenting the Company and its
business plans, strategy and personnel to the financial community, establishing an image for the Company in the financial community, and creating the foundation for subsequent financial public relations efforts; 
 (b) Introduce the Company to the financial community, including, but not limited to, retail brokers, buy side and sell side institutional managers,
portfolio managers, analysts, and financial public relations professionals; 
 (c) With the cooperation of the Company, maintain an awareness
during the term of this Agreement of the Company’s plans, strategy and personnel, as they may evolve during such period, and consult and assist the Company in communicating appropriate information regarding such plans, strategy and personnel to
the financial community; 
 (d) Assist and consult the Company with respect to its (i) relations with stockholders, (ii) relations
with brokers, dealers, analysts and other investment professionals, and (iii) financial public relations generally; 

 (e) Perform the functions generally assigned to stockholder relations and public relations departments in
major corporations, including responding to telephone and written inquiries (which may be referred to the Consultant by the Company); reviewing press releases before they are released by the Company as well as reports and other communications with
or to shareholders, the investment community and the general public; consulting with respect to the timing, form, distribution and other matters related to such releases, reports and communications; and, at the Company’s request and subject to
the Company’s securing its own rights to the use of its names, marks, and logos, consulting with respect to corporate symbols, logos, names, the presentation of such symbols, logos and names, and other matters relating to corporate image;

 (f) Upon and with the Company’s direction and written approval, disseminate information regarding the Company to shareholders,
brokers, dealers, other investment community professionals and the general investing public; 
 (g) Upon and with the Company’s
direction, conduct meetings, in person or by telephone, with brokers, dealers, analysts and other investment professionals to communicate with them regarding the Company’s plans, goals and activities, and assist the Company in preparing for
press conferences and other forums involving the media, investment professionals and the general investment public; 
 (h) At the
Company’s request, review business plans, strategies, mission statements budgets, proposed transactions and other plans for the purpose of advising the Company of the public relations implications thereof; and 
 (i) Otherwise perform as the Company’s consultant for public relations and relations with financial professionals. 
 3. Allocation of Time and Energies. The Consultant hereby promises to perform and discharge faithfully the responsibilities which may be assigned to the
Consultant from time to time by the officers and duly authorized representatives of the Company in connection with the conduct of its financial and public relations and communications activities, so long as such activities are in compliance with
applicable securities laws and regulations. Consultant and staff shall diligently and thoroughly provide the consulting services required hereunder. Although no specific hours-per-day requirement will be required, Consultant and the Company agree
that Consultant will perform the duties set forth herein above in a diligent and professional manner. The parties acknowledge and agree that a disproportionately large amount of the effort to be expended and the costs to be incurred by the
Consultant and the benefits to be received by the Company are expected to occur within or shortly after the first two months of the effectiveness of this Agreement. It is explicitly understood that neither the price of the Company’s Common
Stock, nor the trading volume of the Company’s common stock hereunder measure Consultant’s performance of its duties. It is also understood that the Company is entering into this Agreement with Consultant, a corporation and not any
individual member or employee thereof, and, as such, Consultant will not be deemed to have breached this Agreement if any member, officer or director of the Consultant leaves the firm or dies or becomes physically unable to perform any meaningful
activities during the term of the Agreement, provided the Consultant otherwise performs its obligations under this Agreement. 

 4. Remuneration. 
 4.1    (a) For undertaking this engagement, for previous services rendered, and for other good and valuable consideration, the Company agrees to issue, or have issued, to the Consultant a
“Commencement Bonus” of One million four hundred thousand (1,400,000) shares of the Company’s Common Stock (“Common Stock” and such shares, collectively, the “Shares”) subject to the terms and provisions found
in section 11 of this agreement. This Commencement Bonus shall be fully paid and non-assessable and stock certificates representing the Commencement Bonus shall be issued and delivered to Consultant within 30 days of execution of this Agreement.
Additionally the Company agrees to pay Consultant the sum of $6000.00 cash per month due and payable on the 2nd of each month of this Agreement. 
 (b) Consultant agrees that the Company may, in its sole discretion, cause one or more shareholders of the Company to deliver any of or all of the Shares to be issued and delivered to Consultant hereunder. 

4.2 The Company or its assigns agrees that it will grant “piggy-back” registration rights to all
Shares issued or to be issued to Consultant hereunder in a registration statement filed by the Company with the SEC on Forms SB-2, S-3 or other appropriate form relating to the resale of restricted shares subject to “cut-back” provisions
and other regulatory decisions by the SEC. The Company agrees to file such a registration statement no later than January, 1st, 2008. Consultant agrees that it will not sell or transfer any of these Shares issued to it hereunder prior to the earlier of July 3rd, 2008 or the termination of this Agreement by the Company. 
 4.3 Company warrants that the Shares issued to Consultant under this Agreement by the Company shall be or have been validly issued, fully paid and non-assessable and
that the Company’s board of directors has or shall have duly authorized the issuance and any transfer of them to Consultant. 
 4.4 Consultant
acknowledges that the Shares to be issued pursuant to this Agreement have not been registered under the Securities Act of 1933, as amended (the “Securities Act”) and accordingly are “restricted securities” within the meaning of
Rule 144 of the Act. As such, the Shares may not be resold or transferred unless the Company has received an opinion of counsel and in form reasonably satisfactory to the Company that such resale or transfer is exempt from the registration
requirements of that Securities Act. Consultant agrees that during the term of this Agreement, that it will not sell or transfer any of the Shares issued to it hereunder, except to the Company; nor will it pledge or assign such Shares as collateral
or as security for the performance of any obligation, or for any other purpose. 
 4.5 In connection with the acquisition of the Shares, Consultant
represents and warrants to Company, to the best of its/his knowledge, as follows: 
 (a) Consultant has been afforded the opportunity to ask
questions of and receive answers from duly authorized officers or other representatives of the Company concerning an investment in the Shares, and any additional information that the Consultant has requested. 
 (b) Consultant’s investment in restricted securities is reasonable in relation to the Consultant’s net worth. Consultant has had experience in
investments in restricted and publicly traded securities, and Consultant has had experience in investments in speculative securities and other investments that involve the risk of loss of investment. Consultant acknowledges that an 

 
investment in the Shares is speculative and involves the risk of loss. Consultant has the requisite knowledge to assess the relative merits and risks of this
investment without the necessity of relying upon other advisors, and Consultant can afford the risk of loss of his entire investment in the Shares. Consultant is an accredited investor, as that term is defined in Regulation D promulgated under the
Securities Act. 
 (c) Consultant is acquiring the Shares for the Consultant’s own account for long-term investment and not with a view
toward resale or distribution thereof except in accordance with applicable securities laws. 
 5. Finder’s Fee.
 5.1 It is understood that , in the event Consultant directly introduces Company to a merger and/or acquisition candidate, not already having a preexisting
relationship with Company, by whom 100% of the stock or assets of the Company ultimately is acquired, or with whom Company acquires, in each case during the term of this Agreement or within twelve (12) months
following the termination of this agreement, Company agrees to compensate Consultant for such services with a “finder’s fee” in the amount of 5% of total gross consideration received by the Company or its stockholders,
or paid by the Company in connection with such merger and/or acquisition, such fee to be payable on or after the closing of the transaction in the same form of consideration received by the seller/merged company.
 5.2 It is also understood that in the event Consultant introduces Company to a merger and/or acquisition candidate, indirectly through another intermediary, not
already having a preexisting relationship with Company, by whom 100% of the stock or assets of the Company, or its nominees, ultimately is acquired, or whom Company acquires, in each case during the term of this
Agreement or within twelve (12) months following the termination of this agreement, Company agrees at its sole discretion to compensate Consultant for such services with a “finder’s fee” in the amount of 2.5% of total gross
consideration received by the Company or its stockholders, or paid by the Company in connection with such merger and/or acquisition, such fee to be payable in the same form of consideration received by the seller/merged
company. This will be in addition to any fees payable by Company to any other intermediary, if any, which shall be per separate agreements negotiated between Company and such other intermediary.
 5.3 It is also understood that in the event Consultant introduces Company to a strategic or business partner, not already having a preexisting relationship with
Company, with whom Company, or its nominees, ultimately enters into a business alliance during the term of this agreement, Company agrees to compensate Consultant, for such services with a “finder’s fee” in the amount of 5% of
total gross revenue provided by such business alliance, for a period of one year from the start of the business alliance, such fee to be payable in cash within 10 days of Company’ receipt of said revenue.
 6. Permissible Finder. In reliance upon Consultant’s foregoing representations, warranties and covenants, Company appoints Consultant as a finder.

 7. Non-Assignability of Services. Consultant’s services under this contract are offered to Company only and may not be assigned by Company to
any entity with which Company merges or which acquires the Company or substantially all of its assets wherein the Company becomes a minority constituent of the combined Company. In the event of such merger or acquisition, all compensation to 

 
Consultant herein under the schedules set forth herein shall remain due and payable, and any compensation received by the Consultant may be retained in the
entirety by Consultant, all without any reduction or pro-rating and shall be considered and remain fully paid and non-assessable. Notwithstanding the non-assignability of Consultant’s services, Company shall assure that in the event of any
merger, acquisition, or similar change of form of entity, that its successor entity shall agree to complete all obligations to Consultant, including the provision and transfer of all compensation herein, and the preservation of the value thereof
consistent with the rights granted to Consultant by Company herein. Consultant shall not assign its rights or delegate its duties hereunder without the prior written consent of Company. 
 8. Expenses. Consultant agrees to pay for all its expenses (phone, labor, etc.), other than extraordinary items (travel and entertainment required by/or specifically requested by the Company, luncheons or
dinners to large groups of investment professionals, mass faxing to a sizable percentage of the Company’s constituents, investor conference calls, print advertisements in publications, etc.) approved by the Company prior to its incurring an
obligation for reimbursement. The Company agrees and understands that Consultant will not be responsible for preparing or mailing due diligence and/or investor packages on the Company, and that the Company will have some means to prepare and mail
out investor packages at the Company’s expense. 
 9. Indemnification. The Company warrants and represents that all oral communications, written
documents or materials furnished to Consultant or the public by the Company with respect to financial affairs, operations, profitability and strategic planning of the Company are accurate in all material respects and Consultant may rely upon the
accuracy thereof without independent investigation. The Company will protect, indemnify and hold harmless Consultant against any claims or litigation including any damages, liability, cost and reasonable attorney’s fees as incurred with respect
thereto resulting from Consultant’s communication or dissemination of any said information, documents or materials excluding any such claims or litigation resulting from Consultant’s communication or dissemination of information not
provided or authorized by the Company. 
 10. Representations. Consultant represents that it is not required to maintain any licenses and
registrations under federal or any state regulations necessary to perform the services set forth herein. Consultant acknowledges that, to the best of its knowledge, the performance of the services set forth under this Agreement will not violate any
rule or provision of any regulatory agency having jurisdiction over Consultant. Consultant acknowledges that, to the best of its knowledge, Consultant and its officers and directors are not the subject of any investigation, claim, decree or judgment
involving any violation of the SEC or securities laws. Consultant further acknowledges that it is not a security Broker Dealer or a registered investment advisor. Company acknowledges that, to the best of its knowledge, that it has not violated any
rule or provision of any regulatory agency having jurisdiction over the Company. Company acknowledges that, to the best of its knowledge, Company is not the subject of any investigation, claim, decree or judgment involving any violation of the SEC
or securities laws. 

 11. Termination 
 (a)
Within 120 days of the execution of this Agreement, the Company will have the right to deliver a Notice of Termination and Consultant will return 50% of the 1,400,000 shares, (or 700,000 shares) it was granted hereunder. This action will result
in the immediate termination of this Consulting Agreement and Consultant will not be further obligated for services. If the Consultant fails to return said shares of common stock to the Company within 15 days of notice of termination, the
Company has the right to cancel the 700,000 shares. 
 (b) The Company has the exclusive right to terminate this Agreement at any time during the term of
this Agreement, upon providing Consultant five (5) days written Notice of Termination. Consultant will not be obligated to return any of the shares it was granted hereunder if this Notice of Termination is made after the first 120 days of this
Agreement. 
 12. Legal Representation. Each of Company and Consultant represents that they have consulted with independent legal counsel and/or tax,
financial and business advisors, to the extent that they deemed necessary. 
 13. Status as Independent Contractor. Consultant’s engagement
pursuant to this Agreement shall be as independent contractor, and not as an employee, officer or other agent of the Company. Neither party to this Agreement shall represent or hold itself out to be the employer or employee of the other. Consultant
further acknowledges the consideration provided hereinabove is a gross amount of consideration and that the Company will not withhold from such consideration any amounts as to income taxes, social security payments or any other payroll taxes. All
such income taxes and other such payment shall be made or provided for by Consultant and the Company shall have no responsibility or duties regarding such matters. Neither the Company nor the Consultant possesses the authority to bind each other in
any agreements without the express written consent of the entity to be bound. 
 14. Attorney’s Fee. If any legal action or any arbitration or
other proceeding is brought for the enforcement or interpretation of this Agreement, or because of an alleged dispute, breach, default or misrepresentation in connection with or related to this Agreement, the successful or prevailing party shall be
entitled to recover reasonable attorneys’ fees and other costs in connection with that action or proceeding, in addition to any other relief to which it or they may be entitled. 
 15. Waiver. The waiver by either party of a breach of any provision of this Agreement by the other party shall not operate or be construed as a waiver of any subsequent breach by such other party. 

 16. Notices. All notices, requests, and other communications hereunder shall be deemed to be duly given if sent by
U.S. mail, postage prepaid, addressed to the other party at the address as set forth herein below: 
 To the Company:

 CATCHER HOLDINGS, INC. 
 Hal Turner, CEO 
 44084 Riverside Drive 
 Leesburg, Virginia 20176 
 (703) 723 - 2700 
 Fax-(703) 729-9381 
 rturner@catcherinc.com 
 To the Consultant: 
 Salzwedel Financial Communications, Inc. 
 Jeffrey L. Salzwedel, President 
 1800 SW Blankenship Rd. Suite 275 
 West Linn, OR 97068 
 Fax – (503) 722-7311 
 Jeff@sfcinc.com 
 It is understood that either party may change the address to which notices for it shall be addressed by
providing notice of such change to the other party in the manner set forth in this paragraph. 
 17. Choice of Law, Jurisdiction and Venue. This
Agreement shall be governed by, construed and enforced in accordance with the laws of the State of Oregon. The parties agree that Multnomah County, Oregon will be the venue of any dispute and will have jurisdiction over all parties. 
 18. Arbitration. Any controversy or claim arising out of or relating to this Agreement, or the alleged breach thereof, or relating to Consultant’s activities
or remuneration under this Agreement, shall be settled by binding arbitration in Multnomah County, OR in accordance with the applicable rules of the American Arbitration Association, Commercial Dispute Resolution Procedures, and judgment on the
award rendered by the arbitrator(s) shall be binding on the parties and may be entered in any court having jurisdiction. 

 19. Complete Agreement. This Agreement contains the entire agreement of the parties relating to the subject matter
hereof. This Agreement and its terms may not be changed orally but only by an agreement in writing signed by the party against whom enforcement of any waiver, change, modification, extension or discharge is sought. 
 IN WITNESS WHEREOF, the parties have executed this Agreement as of the day and year first above written. 
 AGREED TO: 
  

			
	Company:
	CATCHER HOLDINGS, INC.
		
	By:	 	 /s/ Hal Turner

	Name:	 	Hal Turner
	Title:	 	CEO and its duly authorized agent
	
	Consultant:
	SALZWEDEL FINANCIAL COMMUNICATIONS, INC.
		
	By:	 	 /s/ Jeffrey L. Salzwedel

	Name:	 	Jeffrey L. Salzwedel
	Title:	 	President and its duly authorized agentEmployment Agmt dated 01/01/07 by and between Registrant and John O'Reilly

 Exhibit 10.5 
 EMPLOYMENT AGREEMENT 
 THIS EMPLOYMENT AGREEMENT (“Agreement”) is made and entered
into as of January 1, 2007 by and between NovaBay Pharmaceuticals, Inc. (“Company”) and Jack O’Reilly (“Executive”). 
 RECITAL 
 The Company and Executive desire to formalize and reflect Executive’s employment under the terms and
conditions of this Agreement. 
 NOW, THEREFORE, in consideration of the foregoing recital, the mutual covenants herein contained and for
other good and valuable consideration, the parties hereto hereby agree as follows: 
  

	I.	EMPLOYMENT. 

 A. Position and
Responsibilities. Executive is currently employed by the Company as its Senior Vice-President, Corporate Development and Chief Financial Officer. Executive shall do and perform all such services and acts as necessary or advisable to fulfill the
duties and obligations of said position and/or such other and/or additional responsibilities as reasonably delegated to Executive by Executive’s superior and/or the Company’s Board of Directors (the “Board”). 
 B. Term. Executive’s employment with the Company is at-will and shall be governed by the terms of this Agreement, commencing on
January 1, 2007 and continuing to and including December 31, 2011, unless this Agreement is terminated at some earlier time in accordance with the terms of this Agreement. 
 C. Devotion. Except as heretofore or hereafter excepted by the Company in writing, during the term of this Agreement, Executive (i) shall
devote full time and attention to the foregoing responsibilities, (ii) shall not engage in any other business or other activity which may materially interfere with Executive’s performance of said responsibilities, and (iii) except as
to any investment made in a publicly traded entity not amounting to more than 1% of its outstanding equity, shall not, directly or indirectly, as an employee, consultant, partner, principal, director or in any other capacity, engage or participate
in any business that is in competition with the Company. 
 D. Services’ Uniqueness. It is agreed that Executive’s services
to be performed under this Agreement are special, unique and extraordinary and give rise to peculiar value, the loss of which may not be reasonably or adequately compensated by a damages award, in any legal action. Accordingly, in addition to any
other rights or remedies available to the Company, the Company shall be entitled to injunctive and other equitable relief to prevent or remedy a breach of the terms of this Agreement by Executive. 
  

	II.	PROPRIETARY RIGHTS, CONFIDENTIAL INFORMATION, NONSOLICITATION, ETC.  

 Executive has executed an agreement relating to the treatment of (and Executive’s obligations as to) proprietary rights, confidential information, and certain nonsolicitation and other matters. It is further
understood and agreed that said agreement is deemed to continue in full force and effect, binding and not affected, in any manner, by the terms in this Agreement. 
  

	III.	COMPENSATION AND BENEFITS. 

 Executive’s
compensation and bonus rights are as follow: 
 A. Salary. Executive shall be entitled to an annual salary of $225,000 (subject to such
deductions, withholding and other charges as required by law), payable in accordance with the Company’s standard payroll schedule. Executive’s salary shall be subject to periodic review by the Company and may be adjusted upward by action
of the Board, after such periodic review. 
 B. Bonus. Executive has been granted and is entitled to receive bonus payments as
follows: 
 1. Prior Year (2006): Executive earned a bonus at the end of 2006 in the amount of $33,750 (which has been
paid). 
 2. Annual Bonus. Executive shall be entitled to such
amount of bonus payment, if any, as considered and approved by the Board annually (for each year of services) during the term of this Agreement, which bonus amount shall be determined by all factors deemed relevant for that purpose by Board and
shall include (i) the fulfillment, during the relevant year, of specific milestones and tasks delegated, for such year, to Executive by the Company’s President and/or the Board, (ii) the evaluation of Executive by the Company’s
President and/or the Board, (iii) the Company’s financial, product and expected progress and (iv) other pertinent matters relating to the Company’s business and valuation. The amount of any annual bonus determined with respect to
performance during a calendar year or the Company’s fiscal year, as the case may be, will be paid in full on or before the date that is 2 1/2 months following the end of the year for which the bonus was earned. 
 C. Other
Benefits. Executive shall be entitled to five weeks of said vacation for each calendar year to be taken pursuant to the Company’s vacation benefits policy. Executive is also entitled to other benefits as (i) are generally available to
the Company’s other similar, high level, executives, consisting of such medical, retirement and similar benefits as are so available and (ii) are deemed special to Executive and approved by the Board. 
  

	IV.	TERMINATION. 

 A. At-Will Employment. It is
understood and agreed by the Company and Executive that this Agreement does not contain any promise or representation concerning the duration of Executive’s employment with the Company. Executive specifically acknowledges that his employment
with the Company is at-will and may be altered or terminated by either Executive or the Company at any time, with or without cause and with or without notice. In addition, that the 

  

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rate of salary, any bonuses, paid time off, other compensation, or vesting schedules are stated in units of years or months or weeks does not alter the
at-will nature of the employment, and does not mean and should not be interpreted to mean that Executive is guaranteed employment to the end of any period of time or for any period of time. In the event of conflict between this disclaimer and any
other statement, oral or written, present or future, concerning terms and conditions of employment, the at-will relationship confirmed by this disclaimer shall control. This at-will status cannot be altered except in a writing signed by Executive
and approved by the Board. 
 B. Termination of Employment. Although Executive’s employment hereunder shall be deemed “at
will,” any termination shall be subject to the following terms: 
 1. For Cause. In the event that Executive is
terminated for cause, as hereinafter defined, Executive shall be entitled an amount equal to $15,000 which will be paid in a lump sum within 60 days of such termination for cause. This amount is in addition to Executive’s earned wages through
the date his employment with the Company is terminated, his accrued but unused vacation, reimbursements of his outstanding expenses incurred and submitted in compliance with Company policies and any other portion of his compensation earned through
the termination date. 
 2. Without Cause. In the event that Executive is terminated without cause, as hereinafter
defined, Executive shall be entitled to an amount equal to one year of the rate of salary then being paid to Executive as of the date of such termination plus the amount of the bonus (if any) paid or payable to Executive relative to services
performed by Executive during the previous calendar year. In the event that Executive has less than four years of service with the Company, then the amount shall be divided by four and multiplied by the number of years of service by Executive with
the Company. The limitation contained in the previous sentence shall not apply to payments made as a result of Executive’s termination of employment due to death. Amounts payable under this Section IV.B.2 shall be paid in two equal
installments, the first of which shall be paid on the first day of the seventh month after the date of termination and the second installment shall be paid on the first day of the thirteenth month after the date of termination. The amounts payable
under this Section IV.B.2 shall be in addition to Executive’s earned wages through the date his employment is terminated from the Company, his accrued but unused vacation, reimbursements of his outstanding expenses incurred and submitted in
compliance with Company policies and any other portion of his compensation earned through the termination date. 
 C. Related
Provisions. The following terms, conditions and definitions shall apply to the termination of Executive: 
 1.
“Termination Without Cause.” For purposes of Section IV.B above, a termination without cause shall be deemed to constitute any termination of Executive’s employment hereunder by the Company, or by Executive, other than a
termination for cause as defined below. Notwithstanding any contrary provision herein, it is understood that a termination without cause also shall include a termination which either: 
  

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 (a) occurs due to the death of Executive or to any physical or mental Long-Term
Disability that would prevent the performance of Executive’s duties under this Agreement. For the purposes of this Agreement, a “Long-Term Disability” shall mean a long-term disability that after consideration and implementation of
reasonable accommodations (provided that no accommodation that imposes undue hardship on the Company will be required), renders or will render Executive unable to perform his essential job functions for a period longer than four months. The
determination of Executive’s Long-Term Disability shall be made by Executive’s attending physician unless the Board disagrees with such determination, in which case Executive’s Long-Term Disability shall be determined by a majority of
three physicians qualified to practice medicine in the State of the Executive’s residence, one to be selected by each of the Executive (or his authorized representative) and the Board and the third to be selected by such two designated
physicians; 
 (b) is effected, for any reason, by the Company, with or without cause, within one year after a single party
(other than Executive) obtains control of the Company, whether by a purchase or purchases of its stock, by merger, by an acquisition of the Company’s assets, or otherwise; or 
 (c) is effected by Executive and is attributable to the Company’s treatment of Executive in the manner as referenced in paragraph
2(b) immediately below. 
 2. “Termination For Cause.” Subject to the notice requirement as provided in
paragraph 4 below, for purposes of Section IV.B.2 (and Section IV.C.1) above, a termination for cause shall be a termination of Executive’s employment hereunder made: 
 (a) by the Company, if Executive: 
 (i) materially breaches, or habitually neglects, the duties either that are required to be performed under the terms specified herein or as delegated to Executive as provided herein; 
 (ii) commits such acts of dishonesty, fraud, misrepresentation, or other acts of moral turpitude as would prevent the effective
performance of Executive’s duties; 
 (iii) is indicted or convicted of any felony or any crime involving dishonesty, or
any crime which would adversely affect the reputation of the Company in a material manner; 
 (iv) intentionally damages any
property, of a substantial value or nature, of the Company; 
 (v) exhibits conduct which demonstrates unfitness to serve;

  

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 (vi) fails to achieve milestones and tasks, referred to in Section III.B.2 above,
including but not limited to failure to perform, or continuing to neglect the performance of duties assigned to Executive, which failure or neglect will significantly and adversely affect the Company’s business or business prospects.

 (b) by Executive, unless such termination by Executive is 
 (i) reasonably attributable to the Company’s treatment of Executive in a demeaning nature or in a manner inconsistent with
Executive’s duties referenced herein (in which event, so attributable, the termination is deemed without cause, as referenced in paragraph 1(c) immediately above), or 
 (ii) subsequent to a change of control of the Company, or 
 (iii) subsequent to a significant change in the responsibilities of the Executive, except as has been already indicated to Executive in
writing, or 
 (iv) because of a decision by Executive to retire from full-time employment and Executive is 65 years of age
or older. 
 D. Company Actions. All relevant determinations to be made by the Company under paragraph C.2(a) above shall be made in
the reasonable discretion of the Board (or, if so delegated by said Board, by a committee of the Board), acting in good faith, and, except as otherwise specified herein, shall be conclusive and binding, but shall be subject to arbitration in
accordance with Section V below. This Agreement is intended to comply with the requirements of Internal Revenue Code Section 409A and the Board and the Board committee will interpret its provisions accordingly. Executive understands and agrees
that the Company makes no assurances with respect to the tax consequences arising as a result of this Agreement and the payment of any tax liabilities or related penalties arising out of this Agreement is solely and exclusively the responsibility of
Executive, without any expectation or understanding that the Company will pay or reimburse Executive for such taxes or other items. 
 E.
Notice and Remedy. In the event that any reason for termination by the Company under paragraph C.2(a) above, or by Executive under paragraph C.2(b) above, may be cured by Executive, or the Company, as the case may be, then the Company, or
Executive, shall first give a written notice to the other (by mail, or by email, or by fax, to the last known address of the recipient; said notice being deemed given, if by mail, as of the earlier of four days after mailing or as of the date when
actually received, or, if by email or fax, when sent), specifying the reason for termination and providing a period of 30 days to cure the fault or reason specified. Lacking such cure within said 30 days, or if the notified party earlier refuses to
effect the cure, the termination shall then be deemed effective. If such cure is so made, the termination shall not then be deemed effective, but any later conduct of a similar nature constituting a reason for termination shall allow the Company, or
Executive, as the case may be, the right to cause the termination effectiveness without need for any further period of time to cure. All 

  

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communications shall be sent to the address as set forth on the signature page hereof, or to such other address as a party may designate by ten days’
advance written notice to the other party hereto. 
  

	V.	ARBITRATION. 

 A. Arbitration. Any
controversy or claim arising out of or relating to this Agreement, or the breach thereof, or any of the rights, benefits or obligations resulting from its terms, shall be settled by arbitration in San Francisco, California. . Except for the right of
the Company and Executive to seek injunctive relief in court, any controversy, claim or dispute of any type arising out of or relating to Executive’s employment or the provisions of this Agreement shall be resolved in accordance with this
Section V of the Agreement, regarding resolution of disputes, which will be the sole and exclusive procedure for the resolution of any such disputes. This Agreement shall be enforced in accordance with the Federal Arbitration Act, the enforcement
provisions of which are incorporated by this reference. Matters subject to these provisions include, without limitation, claims or disputes based on statute, contract, common law and tort and will include, for example, matters pertaining to
termination, discrimination, harassment, compensation and benefits. Matters to be resolved under these procedures also include claims and disputes arising out of statutes such as the Fair Labor Standards Act, Title VII of the Civil Rights Act, the
Age Discrimination in Employment Act, the California labor code, and the California Fair Employment and Housing Act. Nothing in this provision is intended to restrict Executive from submitting any matter to an administrative agency with jurisdiction
over such matter. 
 The Executive and the Company agree that any disputes related to or arising out of the Executive’s employment with
the Company will be determined by arbitration in accordance with the then-current JAMS employment arbitration rules and procedures, except as modified herein. The arbitration will be conducted by a sole neutral arbitrator who has had both training
and experience as an arbitrator of general employment and commercial matters and who is, and for at least ten (10) years has been, a partner, a shareholder, or a member in a law firm. If the Company and Executive cannot agree on an arbitrator,
then the arbitrator will be selected by JAMS in accordance with Rule 12 of the JAMS employment arbitration rules and procedures. Reasonable discovery will be permitted by both parties and the arbitrator may decide any issue as to discovery. The
arbitrator may decide any issue as to whether or as to the extent to which any dispute is subject to arbitration in this Section V and the arbitrator may award any relief permitted by law. The arbitrator must render the award in writing, including
an explanation of the reasons for the award. Judgment upon the award may be entered by any court having jurisdiction of the matter, and the decision of the arbitrator will be final and binding. The parties hereto hereby waive to the fullest extent
permitted by law any rights to appeal or to review of such award by any court. The statute of limitations applicable to the commencement of a lawsuit will apply to the commencement of an arbitration under Section V of this Agreement. At the request
of any party, the arbitrator, attorneys, parties to the arbitration, witnesses, experts, court reporters or other persons present at the arbitration shall agree in writing to maintain the strict confidentiality of the arbitration proceedings. The
arbitrator’s fees will be paid in full by the Company, unless Executive agrees in writing to pay some or all of such fees. 
  

 6 

 B. Fees. Unless otherwise agreed, the prevailing party (if a prevailing party is determined to
exist by the arbitrator or judge) will be entitled to its costs and attorneys’ fees incurred in any arbitration or other proceeding relating to the interpretation or enforcement of this Agreement. 
 C. Acknowledgement. EXECUTIVE HAS READ AND UNDERSTANDS THIS SECTION V, WHICH DISCUSSES ARBITRATION. EXECUTIVE UNDERSTANDS THAT BY SIGNING THIS
AGREEMENT, EXECUTIVE AGREES TO SUBMIT ANY CLAIMS ARISING OUT OF, RELATING TO, OR IN CONNECTION WITH THIS AGREEMENT, OR THE INTERPRETATION, VALIDITY, CONSTRUCTION, PERFORMANCE, BREACH OR TERMINATION THEREOF TO ARBITRATION, AND THAT THE PROVISIONS SET
FORTH IN THIS SECTION V CONSTITUTE A WAIVER OF EXECUTIVE’S RIGHT TO A JURY TRIAL. 
  

	VI.	LEGAL ADVICE. 

 Executive acknowledges that an
opportunity has been afforded to Executive to consult with legal counsel with respect to this Agreement and that no individual representing the Company has given legal advice with respect to this Agreement. 
  

	VII.	MISCELLANEOUS AND CONSTRUCTION. 

 Except as
otherwise specifically provided herein, this Agreement: 
 A. and any benefits or obligations herein may not be assigned or delegated by
Executive (but may be so assigned or delegated by the Company); 
 B. contains the entire understandings of the parties as to its subject
matter, and replaces and supersedes any existing employment agreement and any and all contrary prior understandings or agreements; 
 C. may
be amended or modified only by a written amendment or modification signed by the Company and Executive; 
 D. is made in, and shall be
construed under the laws of, the State of California; 
 E. inures to the benefit of, and is binding upon, the permitted successors, assigns,
distributees, personal representatives, heirs and other successors-in-interest to and of the parties hereto; 
 F. shall not be interpreted
by reference to any of the captions or headings of the paragraphs herein, which captions or headings have been inserted for convenience purposes only; 
 G. shall be fully effectuated in accordance with its tenor, effect and purposes by each of the parties hereto by executing such further documents or taking such other actions as may be reasonably requested by the
other party hereto; and 
  

 7 

 H. shall be interpreted, as to its remaining provisions, to be fully lawful and operative, to the extent
reasonably required to fulfill its principal tenor, effect and purposes, in the event that any provision either is found by any court of competent jurisdiction to be unlawful or inoperative or violates any statutory or legal requirement, and the
balance of the Agreement shall be interpreted as if such provision were so excluded and shall be enforceable in accordance with its terms. 
 I. may be executed in more than one counterpart, each of which shall be deemed an original, but all of which together shall constitute one and the same instrument. 
 [Signature Page Follows] 
  

 8 

 IN WITNESS WHEREOF, the Company and Executive have executed this Agreement as of the day and year first
above written. 
  

			
	COMPANY:
	
	NOVABAY PHARMACEUTICALS, INC.
		
	By	 	/s/ RON NAJAFI
		
	Name	 	Ron Najafi
	Title	 	President and CEO
		
	Address:	 	 5980 Horton Street, Suite 550
 Emeryville, CA
94608

		
	Fax No.:	 	 (510) 291-8911

	
	EXECUTIVE:
	
	JACK O’REILLY
	
	/s/ JACK O’REILLY

 [SIGNATURE PAGE TO EMPLOYMENT AGREEMENT] 
  

 9

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