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                                                                   Exhibit 10.30

                              EMPLOYMENT AGREEMENT

          This EMPLOYMENT AGREEMENT dated as of July 18, 2005 (the "Effective
Date") is made by and between Merisant Company, a Delaware corporation (the
"Company"), and Anthony J. Nocchiero (the "Executive").

          WHEREAS, the Company desires to employ the Executive as Chief
Financial Officer, Vice President Finance of the Company, upon and subject to
the terms and conditions set forth herein, and the Executive wishes to accept
such employment upon and subject to such terms and conditions;

          NOW, THEREFORE, in consideration of the promises and mutual agreements
contained herein, and for other good and valuable consideration, the receipt and
sufficiency of which are hereby acknowledged by both parties, the parties hereby
agree as follows:

          1.   EMPLOYMENT. (a) The Company hereby employs the Executive and the
Executive hereby accepts such employment upon and subject to the terms and
conditions of this Agreement from the Effective Date until the third annual
anniversary of the Effective Date, unless the Executive's employment is earlier
terminated pursuant to Section 4 (such period referred to as the "Initial
Term"). As of the conclusion of the Initial Term, the period of employment shall
automatically be extended on the same terms and conditions as set forth in this
Agreement for successive one-year periods unless and until either: (i) a party
gives the other party no less than sixty (60) calendar days' advanced written
notice prior to the end of the Initial Term or any such one-year extension
period that the party will not further extend the Initial Term or such one-year
extension period (as applicable), or (ii) either party terminates the
Executive's employment in accordance with Section 4. The Initial Term and any
and all extensions thereof (or partial extension in the event of an earlier
termination pursuant to Section 4), if any, shall be collectively referred to as
the "Employment Period".

          (b)  The Executive covenants, represents and warrants that: (i) the
execution, delivery and complete performance of this Agreement by him does not
and will not breach, violate or cause a default under any contract, agreement,
instrument, order, judgment or decree to which the Executive is a party or by
which he is bound; and (ii) he is not a party to or bound by any employment or
services agreement, confidentiality agreement, non-competition agreement, other
restrictive covenant, or other obligation or agreement that would or could
prohibit or restrict him from being employed by the Company or from performing
any of his duties under this Agreement.

          2.   POSITION, DUTIES AND RESPONSIBILITIES. The Company shall employ
the Executive during the Employment period as its Chief Financial Officer, Vice
President Finance, reporting to the Chief Executive Officer, and the Executive
shall serve in the same capacity for Merisant Worldwide, Inc. and Merisant US,
Inc. for no additional compensation. During the Employment Period, the Executive
shall perform the duties assigned to him hereunder faithfully, with the utmost
loyalty, to the best of his abilities and in the best interests of the Company;
shall devote his full business time, attention and effort to the affairs of the
Company; and shall not engage in any other business activities (whether or not
for gain, profit, or other pecuniary advantage) or any other actions which he
knows or reasonably should know could harm the business or reputation of the
Company or any of its affiliates or other related entities. Subject to the
powers, authority and responsibilities vested in the Company's Board of
Directors (the

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"Board") and in duly constituted committees of the Board, the Executive shall
have the authority and responsibility to direct the management and operation of
the Company and shall also perform such other duties on behalf of the Company
and its affiliates and other related entities, consistent with his title and
duties above, as the Board or Chief Executive Officer may from time to time
authorize or direct; provided, the Executive may engage in activities involving
professional, charitable, educational, religious and similar types of
organizations, speaking engagements, and management of personal investments, to
the extent that such other activities do not interfere with the performance of
Executive's duties under this Agreement, or conflict with the Code of Business
Conduct and Ethics of the Company or violate the terms of any of the covenants
provided in Section 5 hereof.

          3.   COMPENSATION AND BENEFITS.

          (a)  BASE SALARY. During the Employment Period, the Company shall pay
to the Executive a base salary at the gross rate of $275,000 per annum, less
required and authorized withholding and deductions (the "Base Salary"), payable
in installments in accordance with the Company's executive payroll policy. The
Base Salary shall be reviewed annually, at the same time as for other senior
officers of the Company, and increased, as determined by the Board in its
discretion, but not decreased except as part of an across-the-board reduction in
senior officer base salaries consistent with (on a percentage basis) reductions
applicable to other senior officers of the Company, and any such increased (or
decreased) amount shall be the Executive's "Base Salary" for all purposes
hereunder thereafter.

          (b)  PERFORMANCE BONUS. Subject to Section 4, commencing with calendar
year 2005 and during each calendar year of the Employment Period thereafter, the
Executive also will be eligible to receive an annual cash incentive bonus in
accordance with the Company's Annual Incentive Plan or other annual bonus plan,
as applicable, as determined by the Compensation Committee of the Board, in its
sole discretion, with a target bonus opportunity as a percentage of Base Salary
not less than 60% (the "Performance Bonus"). The performance criteria under the
Annual Incentive Plan or other annual bonus plan shall be determined by the
Chief Executive Officer of the Company within forty-five (45) days after the
beginning of the applicable fiscal year. The Performance Bonus in respect of any
fiscal year shall be paid in accordance with the procedures specified by the
Compensation Committee, but in no event later than ninety (90) days after the
end of each fiscal year. Notwithstanding, the Executive's Performance Bonus
attributable to calendar year 2005 shall be equal to not less than the gross
amount of $82,500 ("Guaranteed Bonus"), to be paid at such time as the date on
which the cash incentive bonus is paid to other executives of the Company but no
later than April 1, 2006 (less required and authorized withholding and
deductions). Any Performance Bonus payable hereunder shall be paid at such time
as the date on which the cash incentive bonus is paid to other executives of the
Company but no later than 90 days after the Performance Bonus year to which it
is attributable.

          (c)  SHARE APPRECIATION PLAN. Executive shall be considered an
eligible participant for purposes of the Merisant Worldwide Inc. 2005 Share
Appreciation Rights Plan as adopted by the Board of Directors in accordance with
its terms and conditions, as summarized on Exhibit B hereto, and as supplemented
pursuant to a plan document to be approved by the Board of Directors of Merisant
Worldwide, Inc., and Executive shall receive an award thereunder for 0.75% of
the Residual Equity Value (as defined in Exhibit B) achieved under this Plan.

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          (d)  EMPLOYEE BENEFITS. During the Employment Period, the Executive
shall be eligible to participate in such executive compensation and deferred
compensation plans, such employee benefit plans (including group health,
retirement and non-qualified retirement programs), and to receive such other
fringe benefits and perquisites, as the Company may make available to senior
executives generally, subject to all present and future terms and conditions of
such executive compensation and deferred compensation plans, benefit plans and
other fringe benefits and perquisites. In the event the Executive waives
participation in the medical, dental, and EAP ("Health Coverage") programs,
Executive shall receive a monthly payment of $266 payable through the regular
payroll and subject to withholding and other deductions as appropriate;
provided, such amount shall be increased (or decreased) from time to time as,
when and to the extent that, the underlying personal health insurance premium of
the Executive increases (or decreases) providing the Company is furnished with
timely documentation from Executive supporting the change. Such payment in lieu
of Health Coverage will cease upon election by the Executive to be covered under
any of the Health Coverage programs. The Company reserves the right in its sole
discretion to alter, suspend, amend, or discontinue any and all of its employee
and fringe benefits, benefit plans, policies and procedures, in whole or in
part, at any time with or without notice, provided that the Company will not
make any change to the Executive's employee or fringe benefits that it does not
also make on a consistent basis for other senior executives of the Company.

          (e)  VACATION. The Executive shall receive four weeks of paid vacation
per calendar year (prorated as appropriate for any partial calendar year)
subject to the Company's vacation policies and procedures as in effect or
amended from time to time.

          (f)  BUSINESS EXPENSES. The Company shall reimburse the Executive for
all expenses and disbursements reasonably incurred by the Executive in the
performance of the Executive's duties in accordance herewith during the
Employment Period, and provide such other facilities or services as the Company
and the Executive may, from time to time, agree are appropriate, in each case in
accordance with the Company's policies established from time to time for senior
officers of the Company and conditioned upon receipt of appropriate
documentation for such business expenses.

          4.   TERMINATION.

          (a)  Notwithstanding anything to the contrary in this Agreement, the
Executive's employment shall automatically terminate upon the Executive's death,
the Company may immediately terminate the Executive's employment for Cause or
Incapacity (as defined below) effective upon written notice to the Executive,
and the Executive may voluntarily terminate his employment at any time for any
reason effective upon sixty (60) days prior written notice to the Company. In
the event of any such termination, the Executive shall receive his Accrued
Benefits and shall not be entitled to any other amounts from the Company.
Executive's "Accrued Benefits" are (i) any earned but unpaid base salary through
the last day of the Period of Employment, (ii) any earned but unpaid annual cash
bonus or other incentive award for the fiscal year prior to the fiscal year
during which the Period of Employment ends, (iii) any accrued but unpaid
vacation pay, (iv) any reimbursable business expenses or unpaid perquisites
through the last day of the Employment Period, (v) any vested benefits,
including performance awards under Company incentive plans, through the last day
of the Employment Period in accordance with the Company's employee benefit plans
or programs and executive compensation and deferred compensation plans, and (vi)
any benefit continuation or conversion rights in accordance with

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the Company's employee benefit plans or programs. Executive shall also be paid
his Guaranteed Bonus if unpaid at that time and the effective termination date
is a date after December 31, 2005. Executive's Accrued Benefits shall be paid in
a lump sum within thirty days after the date of termination, except that Accrued
Benefits payable pursuant to clause (ii), and any Guaranteed Bonus, shall be
paid when bonuses are paid to other senior executives and amounts payable
pursuant to clauses (v) and (vi) shall be paid in accordance with the applicable
plan.

                    (i)  "Incapacity" means such physical or mental condition of
the Executive which renders and is expected to render the Executive incapable of
performing the essential functions of his position hereunder with or without
reasonable accommodation for 180 calendar days (whether consecutive or not)
within any 360-calendar-day period, as determined in good faith by the Board
upon consultation with a physician selected by the Board in its discretion. The
Executive hereby agrees to submit to any reasonable medical examination(s) as
may be recommended by the Company for the purpose of determining the existence
or absence of Incapacity.

                    (ii) "Cause" means any of the following conduct by the
Executive, as determined in good faith by the Board: (I) embezzlement,
misappropriation of corporate funds, fraud, or other material acts of
dishonesty; (II) conviction of any felony, or of any misdemeanor involving moral
turpitude, or entry of a plea of guilty or nolo contendere to any such felony or
misdemeanor; (III) engaging in illegal conduct or gross misconduct which causes
financial or reputational harm to the Company or any of its affiliates or other
related entities; (IV) refusal to perform or continued willful disregard of his
duties and responsibilities (other than due to any failure resulting from
incapacity due to physical or mental illness or injury), (V) material breach of
any written policy of the Company or a subsidiary, including the Company's Code
of Business Conduct and Ethics, as in effect or amended from time to time; (VI)
breach or threatened breach of Section 5 of this Agreement (including without
limitation any provision of Exhibit A hereto); (VII) material breach of any
other provision of this Agreement; or (VIII) violation of any statutory or
common law duty of loyalty to the Company or any of its affiliates or other
related entities. Notwithstanding the foregoing, the Company shall not terminate
the Executive's employment pursuant to subparts (III), (IV), or (VII) of this
Section 4(a)(ii) unless the Company first gives the Executive notice in
reasonable detail describing the basis for such "Cause" and a reasonable
opportunity to cure any such grounds for termination (provided that no such
notice and cure shall be required as to any such grounds that are not reasonably
susceptible to a cure under the circumstances). For purposes of this Section
4(a)(ii), acts or omissions of the Executive shall not be considered "willful"
if done or omitted by the Executive in good faith and with a reasonable belief
that such conduct is in the best interests of the Company.

          (b)  Notwithstanding anything to the contrary in this Agreement, the
Company may terminate the Executive's employment for any reason other than
Incapacity or Cause or for no reason at any time by written notice to the
Executive, at which time the Executive shall be entitled to receive an amount
("Severance") equal to one year's Base Salary either through salary continuation
or a lump sum payment, or combination thereof, at the Company's discretion. If
at the time of termination the Executive has Health Coverage, then the Executive
shall be entitled to continuation of his Health Coverage for one year following
the date of termination with premiums charged to him at active employee rates,
which coverage shall be concurrent with any COBRA benefits subject to all terms
and conditions of the COBRA Act. The Executive shall

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receive a pro rata (based on the portion of the year employed) target bonus for
the year of termination, payable when bonuses are paid to other senior
executives. The Executive shall be entitled to his Accrued Benefits and his
Guaranteed Bonus to the extent not previously paid.

          (c)  The Executive understands and agrees that the termination of his
employment due to the expiration of the Employment Period following a notice by
the Company pursuant to Section 1(a) that the Company will not extend (or
further extend) the Employment Period (a "Non-Renewal") shall not constitute or
be considered a termination pursuant to Section 4(a) or 4(b), and shall entitle
the Executive to his Accrued Benefits and no other amounts; provided, if the
Company gives Executive notice of Non-Renewal and Executive's employment is
terminated by the Company on or after the resulting expiration of the Employment
Period, then Executive shall receive a pro rata (based on the portion of the
year employed) target bonus for the year of such termination, payable when
bonuses are paid to other senior executives.

          (d)  Any termination of the Executive's employment shall automatically
effectuate the Executive's removal from any and all officer positions that the
Executive then holds with the Company as of the effective termination date. Any
and all payments to the Executive under this Agreement shall be reduced by
required or authorized withholding and deductions.

          (e)  The Executive shall be entitled to all benefits (including
incentive awards and severance) provided to senior executives of the Company
(excepting the CEO) in the event of a change of control. The Executive's award
under the 2005 Share Appreciation Rights Plan shall vest on terms and conditions
no less favorable than those provided to other senior executives of the Company,
including the CEO.

          (f)  Upon termination of the Period of Employment, the Executive shall
be under no obligation to seek other employment or otherwise mitigate the
obligations of the Company under this Agreement. Amounts due to the Executive
under this Agreement shall not be subject to offset by the Company for any
claims the Company may have against the Executive, unless otherwise specifically
agreed to in writing by the Executive.

          (g)  If the Executive incurs an excise tax imposed on "excess
parachutes payments" under Internal Revenue Code Section 4999, as defined in
Code Section 280G, on account of any amount paid or payable to, or for the
benefit of, the Executive by the Company or its stockholders or affiliates in
respect of obligations of the Company, in each case, in respect of this
Agreement or any of the Company's incentive and benefit plans, then the Company
shall pay the Executive, within ten days prior to the date payable by Executive,
an amount equal to the sum of (x) the excise taxes (penalties and interest,
other than if caused solely by Executive's inaction in filing or payment timely)
payable on such excess parachutes payments, plus (y) an additional amount such
that after payment of all taxes (penalties and interest, other than if caused
solely by Executive's inaction in filing or payment timely) on such additional
amount there remains a balance sufficient to pay taxes actually due and payable
on the tax referred to in clause (x). References to "excise tax" and "taxes" in
this Section 4(g) shall also mean all penalties and interest thereon, other than
such penalties and interest incurred by Executive solely by his inaction in
filing or payment timely.

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          5.   CONFIDENTIALITY. By his execution of this Agreement, the
Executive hereby agrees to abide by the Confidentiality Agreement attached as
Exhibit A hereto and hereby made a part of this Agreement. In the event of any
conflict between the main body of this Agreement and Exhibit A, the provisions
of the main body of this Agreement shall control (including, without limitation,
(i) that the duration of the post-employment covenants under Section 6(a) and
6(b) shall control over the two-year duration of such similar covenants in
Exhibit A and (ii) the limitation of the covenant under Section 6(a) to the
Competitive Enterprises in Exhibit C (as in effect from time to time) shall
control over the definition of "Competitive Work" in Exhibit A). The Executive
acknowledges and agrees that a breach of any provision of this section
(including without limitation any provision of Exhibit A) will result in
immediate and irreparable harm to the Company and its affiliates and other
related entities for which full damages cannot readily be calculated and for
which damages are an inadequate remedy. Accordingly, the Executive agrees that
the Company and its affiliates and other related entities shall be entitled to
injunctive relief to prevent any such actual or threatened breach or any
continuing breach by the Executive (without posting a bond or other security),
without limiting any other remedies that may be available to them.

          6.   NON-COMPETITION AND NON-SOLICITATION AGREEMENT

          a)   NON-COMPETE.

     Without the consent in writing of the Board, during the Period of
Employment and for the period of twelve (12) months following termination of
employment, the Executive will not permit the Executive's name to be used by, or
engage in, or carry on, directly or indirectly, either for the Executive or as a
member of a partnership or as a stockholder, member, manager, investor, officer
or director of a corporation, limited liability company or similar entity or as
an employee, agent, associate or consultant of any person, partnership,
corporation, limited liability company or similar entity, any business in
competition with the business carried on by the Company or any of its
subsidiaries within the geographical areas in which the Company or its
subsidiaries are conducting their business operations or providing services as
of the date of the Executive's termination of employment (a "Competitive
Enterprise"). The names of the Competitive Enterprises as of the date of this
Agreement are set forth on Exhibit C. The Company shall furnish the Executive
with an updated Exhibit C at least annually, provided, however, that in no event
shall the number of Competitive Enterprises exceed ten (10) such Competitive
Enterprises. Notwithstanding the preceding sentence, the Executive shall not be
prohibited from owning less than five percent (5%) of the equity of any publicly
traded entity.

          b)   NON-SOLICIT.

     Without the consent in writing of the Board (which consent shall be in the
sole discretion of the Board), during the Period of Employment, and for the
period of twenty-four (24) months following termination of employment by the
Company without Cause or by the Executive for any reason, or for the period of
twelve (12) months following termination of employment for any other reason, the
Executive shall not, in any manner, directly or indirectly (without the prior
written consent of the Company): (i) Solicit any Customer to transact business
with a Competitive Enterprise or to reduce or refrain from doing any business
with the Company, (ii) transact business with any Customer that would cause the
Executive to be a Competitive Enterprise, (iii) interfere with or damage any
relationship between the Company and a Customer or (iv) Solicit anyone who is
then an executive of the Company (or who was an executive of the

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Company on the date of the Executive's termination of employment or within the
prior twelve (12) months) to resign from the Company or to apply for or accept
employment with any other business or enterprise.

     For purposes of this Agreement, (i) a "Customer" means any customer or
prospective customer of the Company or its subsidiaries to whom the Executive
provided services, or for whom the Executive transacted business, or whose
identity became known to the Executive in connection with the Executive's
relationship or continued employment with the Company or its subsidiaries, and
(ii) "Solicit" means any direct or indirect communication of any kind,
regardless of who initiates it, that in any way invites, advises, encourages or
requests any person to take or refrain from taking any action.

          c)   EFFECT OF MATERIAL BREACH. In the event the Executive materially
breaches the provisions of paragraphs (a) or (b) of this Section 6, the Company
may immediately cease all payments to the Executive under this Agreement, may
seek recovery of payments received by the Executive under this Agreement and
shall be entitled to seek an injunction, restraining order or other equitable
relief restraining any such material breach, and monetary damages for such
material breach; provided, however, that nothing in the preceding shall prohibit
or otherwise impact the Executive's right or ability to dispute that a material
breach has occurred.

          7.   NOTICES. Any notice, request, or other communication required or
permitted to be given hereunder shall be made to the following addresses or to
any other address designated by either of the parties hereto by notice similarly
given: (a) if to the Company, to the attention of General Counsel, Merisant
Company, 10 S. Riverside Plaza, Suite 850, Chicago, IL 60606; and (b) if to the
Executive, to Anthony J. Nocchiero, at his last residence address identified on
the payroll records of the Company. All such notices, requests, or other
communications shall be sufficient if made in writing either (i) by personal
delivery to the party entitled thereto, (ii) by facsimile with confirmation of
receipt, (iii) by certified mail, return receipt requested, or (iv) by express
courier service, and shall be effective upon personal delivery, upon
confirmation of receipt of facsimile transmission, upon the fourth day after
mailing by certified mail, or upon the second day after sending by express
courier service from within the United States.

          8.   ASSIGNMENT. This Agreement is enforceable by the Company and its
affiliates and other related entities and may be assigned or transferred by the
Company to, and shall be binding upon and inure to the benefit of, any parent,
affiliate or other related entity of the Company or any entity which at any
time, whether by merger, purchase, or otherwise, acquires all or substantially
all of the assets, stock or business of the Company. The Executive may not
assign any of his rights or obligations under this Agreement. The Company shall
cause any successor to expressly assume and agree, in writing delivered to
Executive, to perform this Agreement in the same manner and to the same extent
that the Company would be required to perform if no such succession had taken
place, and failure to do so shall be grounds for Executive to voluntarily
terminate his employment at any time within thirty days thereafter which
termination shall be treated for all purposes as an involuntary termination
without Cause (and other than due to Incapacity).

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          9.   ARBITRATION.

          (a)  Except for claims or disputes under Section 5 or Exhibit A, the
Executive and the Company agree that, to the extent permitted by law, all claims
or disputes arising out of or relating to this Agreement, the parties'
employment relationship, or the termination of such relationship that may exist
or arise between the Executive and the Company, or any subsidiary, parent,
affiliate, other related entity, benefit plan, successor or permitted assign of
the Company, or any owner, director, officer, member, employee, owner,
shareholder, agent, or representative of any of them (in their respective
capacities as such) shall be submitted for binding arbitration in Chicago,
Illinois and resolved by a member of a Chicago, Illinois arbitration panel (or
by such other arbitrator or in such other place to which the parties agree) in
accordance with the National Rules for the Resolution of Employment Disputes of
the American Arbitration Association (as in effect or amended from time to
time), except as set forth below. Claims subject to arbitration hereunder
include without limitation claims by the Executive for employment
discrimination, harassment, retaliation, wrongful termination or defamation
under any federal, state, or local law, regulation, ordinance, or executive
order or under common law, and further include without limitation claims under
any of the following statutes (as in effect or amended from time to time): the
Illinois Human Rights Act, the Chicago and Cook County Human Rights Ordinances,
Title VII of the Civil Rights Act of 1964, the Age Discrimination in Employment
Act, the Americans With Disabilities Act, the Family and Medical Leave Act and
the Employee Retirement Income Security Act.

          (b)  The arbitrator shall have no power to modify the provisions of
this Agreement (except pursuant to Section 14 herein or Exhibit A), or to make
an award or impose a remedy that is not available to a court of general
jurisdiction sitting in Chicago, Illinois or that was not requested by a party
to the claim or dispute, and the jurisdiction of the arbitrator is limited
accordingly. The arbitrator shall apply the substantive internal law of the
state of Illinois, except as otherwise required by law. The arbitrator's
decision or award shall be final and binding, and judgment thereupon may be
entered in any Illinois or other court having jurisdiction thereof.

          (c)  Notwithstanding the foregoing, the Company may in its discretion
immediately pursue any and all available legal and equitable remedies for the
Executive's violation of any provision of Section 5 or Exhibit A in any court of
competent jurisdiction.

          10.  AMENDMENT AND WAIVER. This Agreement may not be amended orally
and may only be amended by written instrument signed by both parties (subject to
Section 14 herein and Exhibit A). A waiver by either party hereto of any of its
rights or remedies under this Agreement on any occasion shall not be a bar to
the exercise of the same right or remedy on any subsequent occasion or of any
other right or remedy at any time.

          11.  GOVERNING LAW. This Agreement shall be governed by the internal
laws of the state of Illinois, without regard to its conflict of laws rules.

          12.  HEADINGS; CONSTRUCTION. The Section headings used herein are for
convenience of reference only and are not to be considered in construction of
the provisions of this Agreement. The use of the word "including" in this
Agreement shall be by way of example rather than by limitation.

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          13.  ENTIRE AGREEMENT AND SURVIVAL. This Agreement (including Exhibit
A, Exhibit B, and Exhibit C hereto) contains the entire agreement between the
parties with respect to the subject matter contained herein and supersedes all
prior or contemporaneous negotiations, understandings or agreements between the
parties, whether written or oral, with respect to such subject matter. Sections
4 through 16 herein and Exhibit A and Exhibit B to this Agreement shall survive
and continue in full force and effect in accordance with their respective terms,
notwithstanding any termination of the Employment Period or the Executive's
employment.

          14.  SEVERABILITY. Whenever possible, each provision of this Agreement
will be interpreted in such manner as to be effective and valid under applicable
law, but if any provision of this Agreement is held to be prohibited by or
invalid under applicable law, such provision will be ineffective only to the
extent of such prohibition or invalidity, without invalidating the remainder of
such provision or the remaining provisions of this Agreement.

          15.  CONDITION PRECEDENT. This Agreement and the Executive's
employment hereunder will not be effective unless and until the Board duly
approves this Agreement and each of the Boards of Directors of the Company,
Merisant Worldwide Inc., and Merisant Company appoints Executive to the position
of Chief Financial Officer, Vice President Finance of each of the corporations.
This Agreement shall be null and void and shall be of no force and effect in the
event that the Board does not so approve this Agreement for any or no reason.

          16.  COUNTERPARTS. This Agreement may be executed in two counterparts,
each of which shall be deemed an original, and both of which together shall
constitute one and the same instrument.

          17.  INCONSISTENCY. In the event of any inconsistency between this
Agreement and any other agreement, plan, award or program, this Agreement shall
control.

          18.  INDEMNIFICATION. The Company shall indemnify and hold Executive
harmless to the maximum extent provided under the Company's charter, by-laws and
applicable law and shall enter into an indemnification agreement applicable to
its senior officers.1 The Company shall insure Executive under a policy of
directors and officers liability insurance, during and following termination of
employment, to the same extent as it insures the chief executive officer and
members of the Board.

          19.  PROFESSIONAL FEES. The Company shall pay Executive's reasonable
professional fees incurred to negotiate and prepare this Agreement, in an amount
not to exceed $7,500 promptly upon receipt of reasonably detailed invoice(s)
supporting the expense incurred.

The Executive hereby acknowledges that the terms of this Agreement are subject
to review from time to time by the Company in order to comply with federal,
state and tax laws and regulations. If it is reasonably necessary, appropriate
or convenient to amend the terms of this Agreement in order to comply with such
laws and regulations or to otherwise avoid or mitigate a material adverse effect
to the Company or the Executive under applicable tax laws and regulations, the
Company and Executive will negotiate in good faith to amend this Agreement so
long as the economic benefit or obligations under the Agreement will be
substantially similar.

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THE PARTIES ACKNOWLEDGE BY SIGNING BELOW THAT THEY HAVE READ AND UNDERSTAND THE
ABOVE AND INTEND TO BE BOUND THEREBY AS OF THE DATE FIRST WRITTEN ABOVE:

                                  MERISANT COMPANY

 /S/ ANTHONY J. NOCCHIERO              BY: /S/ PAUL R. BLOCK
------------------------------            -------------------------------------
ANTHONY J. NOCCHIERO                      PAUL R. BLOCK
                                          PRESIDENT AND CHIEF EXECUTIVE OFFICER

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MERISANT

                                                                       EXHIBIT A

                                    AGREEMENT

In consideration of the compensation and other benefits of my employment and
continued employment by Merisant Company or one of its Subsidiaries and of other
valuable consideration, I agree with Merisant as follows:

I.   EMPLOYMENT BY MERISANT

As used herein, "Merisant" means Merisant Company or one of its Subsidiaries,
whichever is my employer. The term "Subsidiary" means any corporation, joint
venture or other business organization in which Merisant Company now or
hereafter, directly or indirectly, owns or controls more than a fifty percent
(50%) equity interest.

During my Merisant employment I shall devote my working time and best efforts to
the service of Merisant and shall comply with the policies and procedures of
Merisant, including those relating to security and employee conduct, and I shall
not engage in any planning or other business or technical activity, competitive
with or in conflict with the business interests of Merisant Company or any
Subsidiary.

II.  CONFIDENTIAL INFORMATION

As used herein, "Confidential Information" means all technical and business
information of Merisant Company and its Subsidiaries, whether patentable or not,
which is of a confidential, trade secret and/or proprietary character and which
is either developed by me (alone or with others) or to which I have access
during my employment. "Confidential Information" shall also include results
derived from confidential evaluations of, and the confidential use or non-use by
Merisant Company or any Subsidiary of, technical or business information in the
public domain.

I shall use my best efforts and diligence both during and after my Merisant
employment to protect the confidential, trade secret and/or proprietary
character of all Confidential Information. I shall not, directly or indirectly,
use (for myself or another) or disclose any Confidential Information for so long
as it shall remain proprietary or protectible as confidential or trade secret
information, except as may be necessary for the performance of my Merisant
duties and as may be required by courts, administrative or regulatory agencies.

I shall deliver promptly to Merisant, at the termination of my employment, or at
any other time at Merisant's request, without retaining any copies, all
documents and other material in my possession relating, directly or indirectly,
to any Confidential Information.

Each of my obligations in this section shall also apply to the confidential,
trade secret and proprietary information learned or acquired by me during my
employment from others with whom Merisant Company or any Subsidiary has a
business relationship.

I understand that I am not to disclose to Merisant Company or any Subsidiary, or
use for its benefit, any of the confidential, trade secret or proprietary
information of others, including any of my former employers.

                                       11
<Page>

III. COMPETITIVE ACTIVITY

I shall not, directly or indirectly (whether as owner, partner, consultant,
employee or otherwise), at any time during the period of two years following
termination for any reason of my final employment with Merisant Company or any
Subsidiary, engage in or contribute my knowledge to any work or activity that
involves a (a) tabletop sweetener product; or (b) any product or process, which
is then competitive with a product or process (i) from which the Subsidiary,
division or region of Merisant for which I devoted the majority of my time then
derives a material portion of its earnings and (ii) about which I accessed
Confidential Information while at Merisant Company or any Subsidiary at any time
during the period of five years immediately prior to such termination
("Competitive Work"). Following the expiration of said two year period, I shall
continue to be obligated under the "Confidential Information" section of this
Agreement not to use or to disclose Confidential Information so long as it shall
remain proprietary or protectible as confidential or trade secret information.

During my employment by Merisant and for a period of two years thereafter, I
shall not, directly or indirectly, induce or attempt to induce a salaried
employee of Merisant Company or any of its Subsidiaries to accept employment or
affiliation involving Competitive Work with another firm or corporation of which
I am an employee, owner, partner, shareholder, or consultant.

If, at any time of enforcement of this Agreement, a court or an arbitrator holds
that the terms stated in this "Competitive Activity" section are unreasonable
under circumstances then existing, the parties hereto agree that the maximum
period or scope reasonable under such circumstances shall be substituted for the
stated period or scope and that the court shall be allowed to revise the
restrictions contained herein to cover the maximum period and/or scope permitted
by law.

IV.  IDEAS, INVENTIONS OR DISCOVERIES

I shall promptly disclose to Merisant all ideas, inventions or discoveries,
whether or not patentable, which I may conceive or make, alone or with others,
during my employment, whether or not during working hours, and which directly or
indirectly

     (a)  relate to matters within the scope of my duties or field of
          responsibility during my employment by Merisant Company or its
          Subsidiaries; or
     (b)  are based on my knowledge of the actual or anticipated business or
          interests of Merisant Company or its Subsidiaries; or
     (c)  are aided by the use of time, materials, facilities or information of
          Merisant Company or its Subsidiaries.

I hereby assign to Merisant, or its nominee, without further compensation, all
of my right, title and interest in all such ideas, inventions or discoveries in
all countries of the world.

Without further compensation but at Merisant's expense, I shall give all
testimony and execute all patent applications, rights of priority, assignments
and other documents and in general do all lawful things requested of me by
Merisant to enable Merisant to obtain, maintain, and enforce protection of such
ideas, inventions

                                       12
<Page>

and discoveries for and in the name of Merisant, or its nominee, in all
countries of the world. However, should I render any of these services following
termination of my employment, I shall be compensated at a rate per hour equal to
the base salary I received from Merisant at the time of termination and shall be
reimbursed for reasonable out-of-pocket expenses incurred in rendering the
services.

I recognize that ideas, inventions or discoveries of the type described above
conceived or made by me, alone or with others, within one year after termination
of my employment are likely to have been conceived in significant part while
employed by Merisant. Accordingly, I agree that such ideas, inventions or
discoveries shall be presumed to have been conceived during my Merisant
employment unless and until I have established the contrary by clear and
convincing evidence.

V.   MISCELLANEOUS

This Agreement shall be construed under the laws of the State of Illinois and
shall be binding upon and enforceable against my heirs and legal representatives
and the assignees of any idea, invention or discovery conceived or made by me.

To the extent this Agreement is legally enforceable, it shall supersede all
previous agreements covering this subject matter between me and Merisant Company
or its Subsidiaries, but shall not relieve me or such other party from any
obligations incurred under any such previous agreement while in force; provided,
in the event of any inconsistency between this Agreement and my Employment
Agreement with Merisant Company, dated as of July 18, 2005 ("Employment
Agreement"), my Employment Agreement shall control.

If any provision of this Agreement is held invalid in any respect, it shall not
affect the validity of any other provision of this Agreement. If any provision
of this Agreement is held to be unreasonable as to time, scope or otherwise, it
shall be construed by limiting and reducing it so as to be enforceable under
then applicable law.

If I am transferred from the company which was my employer at the time I signed
this Agreement to the employment of another company that is a Subsidiary of
Merisant Company or is Merisant Company itself, and I have not entered into a
superseding agreement with my new employer covering the subject matter of this
Agreement, then this Agreement shall continue in effect and my new employer
shall be termed "Merisant" for all purposes hereunder and shall have the right
to enforce this Agreement as my employer. In the event of any subsequent
transfer, my new employer shall succeed to all rights under this Agreement so
long as such employer shall be Merisant Company or one of its Subsidiaries and
so long as this Agreement has not been superseded.

Nothing in this Agreement alters the at-will employment relationship between
Merisant and its employees, subject to the terms and conditions of my Employment
Agreement.

                                       13
<Page>

                                                                       EXHIBIT B

                            MERISANT WORLDWIDE, INC.
                 SUMMARY OF 2005 SHARE APPRECIATION RIGHTS PLAN

                                    KEY TERMS

The 2005 Share Appreciation Rights Plan (the "Plan") will offer certain
employees an opportunity to share in any increase in the equity value of
Merisant Worldwide, Inc. and its consolidated subsidiaries (for the purpose of
this Exhibit B, the "Company") and thereby motivate these employees to increase
the profitability and growth of the Company as well as attract and retain highly
qualified individuals as employees. The Plan will contain the following key
terms.

     1.   Participants will receive payments under the Plan upon a change of
          control of the Company pursuant to which the stockholders of the
          Company receive cash or marketable securities in exchange for their
          shares in a single transaction or series of related transactions or
          upon the sale of all or substantially all of the assets of the
          Company.

     2.   Payments under the Plan will be measured based upon the residual
          equity value of the Company after the repayment of all indebtedness of
          the Company then outstanding PLUS the residual equity value of any
          entity controlled by affiliates of the Company that is sold in
          connection with the sale of the Company after the repayment of all
          indebtedness then outstanding of such entity and a compounded annual
          rate of return on investment to be determined for investors in such
          entity to be determined (together, the "Residual Equity Value").

     3.   The amount of the funds available to be paid out to the Plan
          participants will increase as a percentage of the Residual Equity
          Value as the Residual Equity Value increases. These amounts will
          equal: 8% of any Residual Equity Value between $0 and $100 million;
          10% of any Residual Equity Value greater than $100 million but less
          than $200 million; and 12% of any Residual Equity Value greater than
          $200 million.

     4.   Individual awards vest upon the triggering event and will represent a
          percentage of the aggregate funds available to be paid out to all Plan
          participants. Awards granted under the Plan will be forfeited upon the
          voluntary or involuntary termination of employment of the participant
          with the Company with or without cause.

     5.   The final terms of the Plan will be subject to the recommendation of
          the Compensation Committee of the Board of Directors and the approval
          of the Board of Directors.

     6.   The Board of Directors approved this Summary on June 8, 2005 and the
          final terms of the Plan will be adopted as soon as may be practicable
          thereafter.

          In the event of any inconsistency between this Summary and my
          Employment Agreement with Merisant Company, dated as of July 18, 2005,
          such Employment Agreement shall control.

                                       14
<Page>

                                                                       EXHIBIT C

Competitive Enterprises

     -    Johnson & Johnson, McNeil Consumer Products and affiliates
     -    Cumberland Packaging, Inc.
     -    Ajinomoto Co., Inc.
     -    Hermesetas
     -    Alberto Culver Company
     -    Sara Lee Corporation

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Exhibit 10.12  

	LOCKHEED MARTIN	 	Solicitation, Offer & Award

	

1. Purchase Order No.

270662	

 	

2. Solicitation No.	

 	

3. Type Solicitation

ý Negotiated (RFP)

o Competitive

o Other, specify	

 	

4. Date, Effective or Issued

15 Oct 2004	

 	

Reference (Internal Use Only)

	

6. Issued To Or Subcontractor (Seller)

Uni-Pixel Displays, Inc.

ATTN: Mr. Dan Van Ostrand

8040 Airport Road, Suite T

Georgetown; Texas 78628

Phone: 512-868-6609

Fax: 512-868-6649

dvo@uni-pixel.com	
 	

7. Issued By (Buyer):

Lockheed Martin Corporation

Systems Integration—Owego

ATTN: R.M. Powell

Mail Drop—0908

1801 State Route 17c

Owego, NY 13827-3998

Phone—(607) 751-3187

Fax—(607) 751-3910

Robert.powell@lmco.com.

IRAD
Funding and Overhead Expense—No Gov. Prime 

	X
	 	Sec.
	 	Description
 
	 	Pages
	 	X
	 	Sec.
	 	Description
 
	 	Pages

	X	 	A	 	Solicitation/Contract Form	 	1-2	 	 	 	H	 	Special Provisions	 	 
	X	 	B	 	Supplies or Services	 	3-4	 	 	 	I	 	General Provisions	 	7-14
	X	 	C	 	Description/Specs/Statement of Work	 	5-6	 	 	 	J	 	List of Attachments	 	N/A
	 	 	D	 	Shipping, Packaging and Marking	 	N/A	 	 	 	K	 	Representations, Certification and Other Statement of the Offerors	 	N/A
	 	 	E	 	Inspections and Acceptance	 	N/A	 	 	 	 	 	 	 	 
	 	 	F	 	Deliveries or Performance	 	N/A	 	 	 	L	 	Instructions, Conditions & Notices	 	N/A
	 	 	G	 	Contract Administration Data	 	N/A	 	 	 	M	 	Evaluation Factors for Award	 	N/A

10.    Offer.    In accordance with the terms of this solicitation, the undersign agrees if this offer is
accepted with                  calendar days (60 calendar days unless a different period is inserted by the Offeror) from the date of receipt of offers
specified above, to furnish any or all items upon
which prices we offered at the price set opposite each items. 

	11. Acknowledgement of Amendments	 	Amendment No. & Date	 	Amendment No. & Date	 	Amendment No. & Date	 	Amendment No. & Date
	12. Name & Address of Offeror

Uni-Pixel Displays, Inc.

8040 Airport Road, Suite T

Georgetown, Texas 78628	 	 	 	 	 	13. Name & Title of Person Authorized to Sign

Offeror (Type or Print)

Dan Van Ostrand

Executive Vice President

/s/ Dan Van Ostrand

***Confidential Information Omitted and Filed Separately with the Securities and Exchange Commission 

1

 
Award (To Be Completed by Buyer) 

	13. Accepted As To Item Numbers	 	14. Contract Price

$200,000.00	 	 
	

15. Signature Of Buyer	
 	

16. Name of Buyer	
 	

17. Award Date
	

/s/ Robert M. Powell	
 	

/s/ RMR	
 	

10/21/04

***Confidential
Information Omitted and Filed Separately with the Securities and Exchange Commission 

2

 
 
 

Schedule B    
    

	1.
	This
is a Time & Material/Labor Hour Order issued subject to the terms and conditions of this subcontract. All correspondence and invoices shall cite the Purchase Order number
assigned to this task order.

	2.
	Line Items. A line item marked as "N/A", not applicable, means that the line item does not apply to this Task
order. A line item marked "NSP", not separately priced, means that the line item applies, however, it is not separately priced. 

	Line

Item
	 	Description
	 	Qty.
	 	Unit
	 	Unit Price
	 	Total Price

	900	 	Subassembly Design/Management, Per Section C Statement of Work (OHE Tasks)	 	0	 	SERV	 	***	 	***
	

 	
 	

Time & Material (T&M)	
 	

 	
 	

 	
 	

 	
 	

 
	

 	
 	

Acceptance: Upon Delivery Of An Acceptable Prototype to LM or by Buyer Direction	
 	

 	
 	

 	
 	

 	
 	

 
	

 	
 	

Delivery/Performance—Period of Performance 15 October 2004 through***	
 	

 	
 	

 	
 	

 	
 	

 
	

 	
 	

Tasks Listing:	
 	

 	
 	

 	
 	

 	
 	

 
	

 	
 	

Sub-Assembly Design/Management	
 	

 	
 	

 	
 	

 	
 	

 
	

 	
 	

    A) Light Guide

    B) Tab Bonding

    C) Flex Cable

    D) Fixture

    E) Circuit Board/Parts

    F) Misc. Suppliers

    G) Light Ejection Layer

    H) Photo Masks	
 	

 	
 	

 	
 	

 	
 	

 
	

 	
 	

Design/Build	
 	

 	
 	

 	
 	

 	
 	

 
	

 	
 	

    A) Simple Matrix Row/Column Driver

    B) Light Injection Assembly	
 	

 	
 	

 	
 	

 	
 	

 
	

 	
 	
Not To Exceed Cost:***	
 	

 	
 	

 	
 	

 	
 	

 
	

 	
 	

Subcontractor Cost:***	
 	

 	
 	

 	
 	

 	
 	

 
	 	 	Hours:***per hour=***	 	 	 	 	 	 	 	 
	 	 	Direct Labor Rate:***	 	 	 	 	 	 	 	 
	

 	
 	

LM Workpackage:             	
 	

 	
 	

 	
 	

 	
 	

 

***Confidential Information Omitted and Filed Separately with the Securities and Exchange Commission 

3

 

	
Line

Item
	
 	

Description
	
 	

Qty.
	
 	

Unit
	
 	

Unit Price
	
 	

Total Price

	901	 	Subassembly Design/Management, Per Statement of Work—Section C (IRAD Tasks)	 	0	 	SERV	 	***	 	***
	

 	
 	

Time & Material (T&M)	
 	

 	
 	

 	
 	

 	
 	

 
	

 	
 	

Acceptance: Upon Delivery Of An Acceptable Prototype to LM or by Buyer Direction	
 	

 	
 	

 	
 	

 	
 	

 
	

 	
 	

Delivery/Performance—Period of Performance 04 October 2004 through***	
 	

 	
 	

 	
 	

 	
 	

 
	

 	
 	

Tasks Listing:	
 	

 	
 	

 	
 	

 	
 	

 
	

 	
 	

Sub-Assembly Design/Management	
 	

 	
 	

 	
 	

 	
 	

 
	

 	
 	

    A) Active Layer

    B) Cladding Layer

    C) Fixture

    D) Display	
 	

 	
 	

 	
 	

 	
 	

 
	

 	
 	
Not To Exceed Cost:***	
 	

 	
 	

 	
 	

 	
 	

 
	

 	
 	

Subcontractor Cost:***	
 	

 	
 	

 	
 	

 	
 	

 
	 	 	Hours:***per hour=***	 	 	 	 	 	 	 	 
	 	 	Direct Labor Rate:***	 	 	 	 	 	 	 	 
	

 	
 	

LM Workpackage:             	
 	

 	
 	

 	
 	

 	
 	

 

PURCHASE ORDER VALUE: $200,000—Time and Materials Efforts  

Summary—As a result of this task order, a total of $200,000 has been funded for the identified Time & Material/Labor Hour efforts. 

***Confidential
Information Omitted and Filed Separately with the Securities and Exchange Commission 

4

 

Section C: Statement of Work:  

1.0   Sub-Assembly Design/Management  

        The deliverables tabulated below describe the activities for the component inputs to the Assemble/Test phase of TMOS prototype fabrication. 

	•
	Light Guide: Fabricate and deliver complete light guide substrates *** that will be made ready for subsequent *** coating.

	•
	Tab Bonding: Tab bonding services to bond flex cable both to the *** and the *** layer.

	•
	Flex Cable: One of several candidate vendors will provide the specified flex cable to be used to drive the *** of the
contemplated prototypes.

	•
	Fixture: *** will fabricate the prototype fixture in its precision machine shop to specifications provided by
Uni-Pixel Displays, Inc. that are consonant with *** stated prototype requirements.

	•
	Circuit Boards/Parts: Several different vendors will be tapped to fabricate individual subcomponents and circuit boards to be
subsequently populated, tested, and ultimately deployed in the TMOS prototypes.

	•
	Miscellaneous Supplies: Non-electronic parts (cases, mounting jigs, covers, optical seals, etc.) will be procured
from several different vendors.

	•
	Active Layer: Appropriately validated subcontractors *** will fabricate the required *** layer either out of *** (or
equivalent). The *** layer is comprised of an ***. Uni-Pixel is required to provide significant input and technical coordination with the selected vendor to ensure the deliverable meets
the required specifications.

	•
	*** Layer/***: The *** layer will be added to the *** substrates after they are delivered by Uni-Pixel chosen
subcontractor. All *** application will be done by a qualified subcontractor, but Uni-pixel subcontractor *** will undertake the fabrication of ***

	•
	*** Layer: Several vendors are able to embed *** means within the *** Layer. Uni-Pixel may be required to conduct
significant testing to support the final design of the most appropriate *** layer given the *** nature of the *** properties of the layers making up the display architecture.

	•
	Photomasks: Nearly all TMOS *** to date have been fabricated by Uni-Pixel Subcontractor ***. The masks are used
at Uni-Pixel Subcontractor *** to pattern the *** rows on the light guides; complementary masks provide patterning on the *** Layer. 

2.0   Design/Build  

        Uni-Pixel personnel will design and build the *** circuit to control the display, as well the mounting/focusing assembly to secure the *** subsystem
affixed to the ***. These key subassemblies will then enter the Assemble/Test phase. 

3.0   Assemble/Test  

        Uni-Pixel personnel will undertake the integration of all the subcomponents comprising the TMOS prototypes in this phase. Parts will be required to
complete the fixturing and integration of the contemplated prototype systems. Each completed prototype will be thoroughly tested according to a mutually agreed-upon suite of performance
metrics. 

***Confidential
Information Omitted and Filed Separately with the Securities and Exchange Commission 

5

 

4.0   Project Duration  

        The testing of completed prototypes is projected to begin *** after the launch of this project. Uni-Pixel Displays, Inc. will notify Lockheed
Martin when the project reaches a perceived 85% completion milestone. If it becomes apparent that fabrication of the TMOS display prototypes cannot be completed in a timely manner,
Uni-Pixel Displays, Inc. will notify Lockheed Martin immediately. 

5.0   Billing Milestones  

        Upon acceptance of this order the Billing Milestones shall be as follows: 

	a)
	Order
Acceptance (Subcontract Costs & first month's labor) *** 
	b)
	Milestone
1: Acquisition of Light Guide w/standoff layer *** 
	c)
	Milestone
2: Acquisition of Active Layer *** 
	d)
	Prototype
Delivery ***

	

	All
invoices shall be submitted to the Buyer:

	

	Lockheed
Martin Systems Integration—Owego

1801 State Route 17C

Owego, NY 13827 

Attention: R.M.
Powell M/D 0908

                   Subcontract Administrator Senior Staff 

        Payment
terms shall be net 10 days after receipt of an acceptable invoice for Order Acceptance. 

        Payment
terms shall be net 30 days after receipt of an acceptable invoice for other billings. 

***Confidential
Information Omitted and Filed Separately with the Securities and Exchange Commission 

6

 

LOCKHEED MARTIN CORPORATION  

 
  GENERAL PROVISIONS—TIME AND MATERIALS
  COMMERCIAL SUBCONTRACT/PURCHASE ORDERS    
    

	  1. Acceptance of Contract/Terms and Conditions

  2. Applicable Laws

  3. Assignment

  4. Changes

  5. Contract Direction

  6. Default

  7. Definitions

  8. Disputes

  9. Electronic Contracting

10. Export Control

11. Extras

12. Furnished Property

13. Gratuities/Kickbacks

14. Independent Contractor Relationship and Seller Personnel

15. Information of Lockheed Martin

16. Information of Seller

17. Inspection and Acceptance	 	18. Insurance/Entry on Lockheed Martin Property

19. Intellectual Property

20. Maintenance of Records

21. New Materials

22. Offset Credit/Cooperation

23. Packing and Shipment

24. Payments, Taxes, and Duties

25. Precedence

26. Quality Control System

27. Release of Information

28. Severability

29. Stop Work

30. Survivability

31. Termination for Convenience

32. Timely Performance

33. Waivers, Approvals, and Remedies

34. Warranty

1.     ACCEPTANCE OF CONTRACT/TERMS AND CONDITIONS  

	(a)
	This
Contract integrates, merges, and supersedes any prior offers, negotiations, and agreements concerning the subject matter hereof and, together with Exhibits, Attachments and any
Task Order(s) issued hereunder, constitutes the entire agreement between the parties.

	(b)
	SELLER's
acknowledgment, acceptance of payment, or commencement of performance, shall constitute SELLER's unqualified acceptance of this Contract.

	(c)
	Additional
or differing terms or conditions proposed by SELLER or included in SELLER's acknowledgment are objected to by LOCKHEED MARTIN and have no effect unless expressly accepted
in writing by LOCKHEED MARTIN. 

2.     APPLICABLE LAWS  

	(a)
	This
Contract shall be governed by and construed in accordance with the laws of the State from which this Contract is issued, excluding its choice of law rules. SELLER agrees to
comply with all applicable laws, orders, rules, regulations, and ordinances. SELLER shall procure all licenses/permits, pay all fees, and other required charges, and shall comply with all guidelines
and directives of any local, state, and/or federal governmental authority.

	(b)
	SELLER
represents that each chemical substance constituting or contained in Work sold or otherwise transferred to LOCKHEED MARTIN hereunder is on the list of chemical substances
compiled and published by the Administrator of the 

***Confidential
Information Omitted and Filed Separately with the Securities and Exchange Commission 

7

 

	

	Environmental
Protection Administration pursuant to the Toxic Substances Control Act (15 U.S.C. Sec. 2601 et seq.) as amended.

	(c)
	SELLER
shall provide to LOCKHEED MARTIN with each delivery any Material Safety Data Sheet applicable to the Work in conformance with and containing such information as required by the
Occupational Safety and Health Act of 1970 and regulations promulgated thereunder, or its State approved counterpart.

	(d)
	SELLER
shall be responsible for compliance with all requirements and obligations relating to its employees under all local, state, and federal statutes, ordinances, rules, and
obligations including, but not limited to, employer's obligations under laws relating to: income tax withholding and reporting; civil rights; equal employment opportunity; discrimination on the basis
of age, sex, race, color, religion, disability, national origin, or veteran status; overtime; minimum wage; social security contribution and withholding; unemployment insurance; employer's liability
insurance; worker's compensation; veteran's rights; and all other employment, labor, or benefits related laws.

	(e)
	SELLER
shall comply with Occupational Safety and Health Act of 1970, as amended. SELLER shall notify LOCKHEED MARTIN promptly in writing if a charge of noncompliance with the Act has
been filed against SELLER in connection with SELLER's services performed hereunder on premises owned, leased or operated by LOCKHEED MARTIN. 

3.     ASSIGNMENT  

        Any assignment of SELLER's Contract rights or delegation of SELLER's duties shall be void, unless prior written consent is given by LOCKHEED MARTIN, SELLER may
assign rights to be paid amounts due, or to become due, to a financing institution if LOCKHEED MARTIN is promptly furnished a signed copy of such assignment reasonably in advance of the due date for
payment of any such amounts. Amounts assigned shall be subject to setoff or recoupment for any present or future claims of LOCKHEED MARTIN against SELLER. LOCKHEED MARTIN shall have the right to make
settlements and/or adjustments in price without notice to say assignee. 

4.     CHANGES.  

	(a)
	The
LOCKHEED MARTIN Procurement Representative may at any time, by written notice of LOCKHEED MARTIN and written acceptance of SELLER, and without notice to sureties or assignees,
make changes within the general scope of this Contract in any one or more of the following: (i) description of services; (ii) drawings, designs, or specifications; (iii) method of
shipping or packing; (iv) place of inspection, acceptance, or point of delivery; (v) time of performance; and (vi) place of performance. 

***Confidential
Information Omitted and Filed Separately with the Securities and Exchange Commission 

8

 

	(b)
	If
any such change causes a change in the labor mix, or the time required for performance of any part of this Contract, SELLER may request an equitable adjustment in this Contract
price and/or delivery schedule.

	(c)
	SELLER
must request any equitable adjustment within three working (3) days from the date of receipt of the written change order. If the SELLER's proposal includes the cost of
property made obsolete or excess by the change, LOCKHEED MARTIN shall have the right to prescribe the manner of disposition of the property.

	(d)
	Failure
to agree to any adjustment shall be received in accordance with the "Disputes" clause of this Contract. However, nothing contained in this "Changes" clause shall excuse SELLER
from proceeding without delay in the performance of this Contract as changed. 

5.     CONTRACT DIRECTION  

	(a)
	Only
the LOCKHEED MARTIN Procurement Representative has authority to make changes in or amendments to this contract. Changes and amendments must be in writing.

	(b)
	LOCKHEED
MARTIN engineering and technical personnel may from time to time render assistance or give technical advice or discuss or effect an exchange of information with SELLER's
personnel concerning the Work hereunder. No such action shall be deemed to be a change under the "Changes" clause of this Contract and shall not be the basis for equitable adjustment.

	(c)
	Each
party shall appoint and identify to the other party a Technical Representative(s) who shall be responsible for maintaining liaison between the parties.

	(d)
	Except
as otherwise provided herein, all notices to be furnished by the SELLER shall be sent to the LOCKHEED MARTIN Procurement Representative. 

6.     DEFAULT  

	(a)
	LOCKHEED
MARTIN, by written notice, may terminate this Contract for default, in whole or in part, if SELLER fails to comply with any of the terms of this Contract, fails to make
progress so as to endanger performance of this Contract, or fails to provide adequate assurance of future performance. SELLER shall have ten (10) days (or such longer period as LOCKHEED MARTIN
may authorize in writing) to provide a plan to cure any such failure after receipt of notice from LOCKHEED MARTIN. Default involving performance schedule delays shall not be subject to the cure
provision. 

***Confidential
Information Omitted and Filed Separately with the Securities and Exchange Commission 

9

 

	(b)
	SELLER
shall be compensated only for Work actually delivered and accepted. LOCKHEED MARTIN may require SELLER to deliver to LOCKHEED MARTIN any supplies and materials, manufacturing
materials, and manufacturing drawings that SELLER has specifically produced or acquired for the terminated portion of this Contract. LOCKHEED MARTIN and SELLER shall agree on the amount of payment for
these other deliverables.

	(c)
	SELLER
shall continue all Work not terminated.

	(d)
	In
the event of a termination for default, SELLER shall be liable to LOCKHEED MARTIN for cover costs, in addition to LOCKHEED MARTIN's other rights and remedies at law or in equity.

	(e)
	If
after termination under paragraph (a), it is determined that SELLER was not in default, such termination shall be deemed a Termination for Convenience. 

7.     DEFINITIONS  

        The following terms shall have the meanings set forth below: 

	(a)
	"Contract"
means the instrument of contracting, such as "PO", "Purchase Order", or "Task Order", issued hereunder, or other such type designation, including all referenced documents,
exhibits, and attachments. If these terms and conditions are incorporated into a "master" agreement that provides for releases, (in the form of a Task Order or other such document) the term "Contract"
shall also mean the release document for the Work to be performed.

	(b)
	"LOCKHEED
MARTIN" means Lockheed Martin Corporation, acting through its companies, or business units, as identified on the face of this Contract. If a subsidiary or affiliate of
Lockheed Martin Corporation is identified on the face of this Contract, then "LOCKHEED MARTIN" means that subsidiary or affiliate.

	(c)
	"LOCKHEED
MARTIN Procurement Representative" means a person authorized by Lockheed Martin's cognizant procurement organization to administer and/or execute this Contract.

	(d)
	"PO"
or "Purchase Order" means this Contract.

	(e)
	"SELLER"
means the party identified on the face of this Contract with whom LOCKHEED MARTIN is contracting.

	(f)
	"Task
Order" means a separate order issued under this Contract.

	(g)
	"Work"
means all required labor, articles, materials, supplies, goods, and services constituting the subject matter of this Contract. 

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8.     DISPUTES  

        All disputes under this Contract which are not disposed of by mutual agreement may be decided by recourse to an action at law or in equity. Until final resolution
of any dispute hereunder, SELLER shall diligently proceed with the performance of this Contract as directed by LOCKHEED MARTIN. 

9.     ELECTRONIC CONTRACTING  

        The parties agree that if this Contract is transmitted electronically neither party shall contest the validity of this Contract, or any Acknowledgement thereof,
on the basis that this Contract or Acknowledgement contains an electronic signature. 

10.   EXPORT CONTROL  

	(a)
	SELLER
agrees to comply with all applicable U.S. export control laws and regulations, specifically including, but not limited to, the requirements of the Arms Export Control Act, 22
U.S.C. 2751-2794, including the International Traffic in Arms Regulation (ITAR), 22 C.F.R. 120 et seq.; and the Export Administration Act, 50 U.S.C. app. 2401-2420, including
the Export Administration Regulations, 15 C.F.R. 730-774; including the requirement for obtaining any export license or agreement, if applicable. Without limiting the foregoing, SELLER
agrees that it will not transfer any export controlled item, data, or services, to include transfer to foreign persons employed by or associated with, or under contract to SELLER or SELLER's
lower-tier suppliers, without the authority of an export license, agreement, or applicable exemption or exception.

	(b)
	SELLER
agrees to notify LOCKHEED MARTIN if any deliverable under this Contract is restricted by export control laws or regulations.

	(c)
	SELLER
shall immediately notify the LOCKHEED MARTIN Procurement Representative if SELLER is, or becomes, listed in any Denied Parties List or if SELLER's export privileges are
otherwise denied, suspended or revoked in whole or in part by any U.S. Government entity or agency.

	(d)
	If
SELLER is engaged in the business of either exporting or manufacturing (whether exporting or not) defense articles or furnishing defense services, SELLER represents that it is
registered with the Office of Defense Trade Controls, as required by the ITAR, and it maintains an effective export/import compliance program in accordance with the ITAR.

	(e)
	Where
SELLER is a signatory under a LOCKHEED MARTIN export license or export agreement (e.g., TAA, MLA), SELLER shall provide prompt notification to the LOCKHEED MARTIN Procurement
Representative in the event of changed circumstances including, but not limited to, ineligibility, a violation or potential violation of the ITAR, and the initiation or existence of a U.S. 

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	Government
investigation, that could affect the SELLER's performance under this Contract.

	(f)
	SELLER
shall be responsible for all losses, costs, claims, causes of action, damages, liabilities and expense, including attorneys' fees, all expense of litigation and/or settlement,
and court costs, arising from any act or omission of SELLER, its officers, employees, agents, suppliers, or subcontractors at any tier, in the performance of any of its obligations under this clause. 

11.   EXTRAS  

        Work shall not be supplied in excess of quantities specified in this Contract. SELLER shall be liable for handling charges and return shipment costs for any
excess quantities. 

12.   FURNISHED PROPERTY  

	(a)
	LOCKHEED
MARTIN may provide to SELLER property owned by either LOCKHEED MARTIN or its customer (Furnished Property).

	(b)
	Title
to Furnished Property shall remain in LOCKHEED MARTIN or its customer. SELLER shall clearly mark (if not so marked) all Furnished Property to show its ownership.

	(c)
	Except
for reasonable wear and tear, SELLER shall be responsible for, and shall promptly notify LOCKHEED MARTIN of, any loss or damage. Without additional charge, SELLER shall manage,
maintain, and preserve Furnished Property in accordance with good commercial practice.

	(d)
	At
LOCKHEED MARTIN's request, and/or upon completion of this Contract, the SELLER shall submit, in an acceptable form, inventory lists of Furnished Property and shall deliver or make
such other disposal as may be directed by LOCKHEED MARTIN. 

13.   GRATUITIES/KICKBACKS  

        No gratuities (in the form of entertainment, gifts, or otherwise) or kickbacks shall be offered or given by SELLER, to any employee of LOCKHEED MARTIN for the
purpose of obtaining or rewarding favorable treatment as a supplier. 

14.   INDEPENDENT CONTRACTOR RELATIONSHIP AND SELLER PERSONNEL  

	(a)
	SELLER's
relationship to LOCKHEED MARTIN shall be that of an Independent Contractor and this Contract does not create an agency, partnership, or joint venture relationship between
LOCKHEED MARTIN and SELLER or LOCKHEED MARTIN and SELLER personnel. Personnel supplied by SELLER hereunder shall be deemed employees of SELLER and shall not for any purposes be considered employees or
agents of LOCKHEED MARTIN. SELLER assumes 

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	full
responsibility for the actions and supervision of such personnel while performing services under this Contract. LOCKHEED MARTIN assumes no liability for SELLER
personnel.

	(b)
	SELLER
shall inform LOCKHEED MARTIN if a former employee of LOCKHEED MARTIN or its parent or any subsidiary will be assigned Work under this Contract, and any such assignment shall be
subject to LOCKHEED MARTIN approval.

	(c)
	Nothing
contained in this Contract shall be construed as granting to SELLER or any personnel of SELLER rights under any LOCKHEED MARTIN benefit plan.

	(d)
	SELLER
will ensure that SELLER personnel assigned to work an LOCKHEED MARTIN's or Customer's premises comply with any on-premises guidelines and: (i) do not bring
weapons of any kind onto LOCKHEED MARTIN's or Customer's premises; (ii) do not manufacture, sell, distribute, possess, use or be under the influence of controlled substances or alcoholic
beverages while on LOCKHEED MARTIN's or Customer's premises; (iii) do not possess hazardous materials of any kind on LOCKHEED MARTIN's or Customer's premises without LOCKHEED MARTIN's
authorization; (iv) remain in authorized areas only; (v) will not conduct any non-LOCKHEED MARTIN related business activities (such as interviews, hirings, dismissals or
personal solicitations) on LOCKHEED MARTIN's or Customer's premises, (vi) will not send or receive non-LOCKHEED MARTIN related mail through LOCKHEED MARTIN's or Customer's mail
systems; and (vii) will not sell, advertise or market any products or memberships, distribute printed, written or graphic materials on LOCKHEED MARTIN's or Customer's premises without LOCKHEED
MARTIN's written permission or as permitted by law.

	(e)
	All
persons, property, and vehicles entering or leaving LOCKHEED MARTIN's or Customer's premises are subject to search.

	(f)
	SELLER
will promptly notify LOCKHEED MARTIN and provide a report of any accidents or security incidents involving loss of or misuse or damage to LOCKHEED MARTIN's or Customer's
intellectual or physical assets, and all physical altercations, assaults, or harassment.

	(g)
	SELLER
must coordinate with LOCKHEED MARTIN access to LOCKHEED MARTIN's or Customer's premises.

	(h)
	SELLER
personnel: (i) will not remove LOCKHEED MARTIN or Customer assets from LOCKHEED MARTIN's or Customer's premises without LOCKHEED MARTIN authorization; (ii) will
use LOCKHEED MARTIN or Customer assets only for purposes of this Contract; (iii) will only connect with, interact with or use computer resources, networks, program, tools or routines that
LOCKHEED MARTIN agrees are needed to provide services; and (iv) will not 

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	share
or disclose user identifiers, passwords, cipher keys or computer dial port telephone numbers. LOCKHEED MARTIN may periodically audit SELLER's data residing on
LOCKHEED MARTIN's or Customer's information assets.

	(i)
	LOCKHEED
MARTIN may, at its sole discretion, have SELLER remove any specified employee of SELLER from LOCKHEED MARTIN's premises and request that such employee not be reassigned to
any LOCKHEED MARTIN premises under this Contract.

	(j)
	SELLER
shall provide LOCKHEED MARTIN any information about SELLER's personnel that LOCKHEED MARTIN is required by law to obtain, including information on "leased employees" and
"management services organization" as these terms are used in Secs. 414(m), (n), and (o) of the Internal Revenue Code.

	(k)
	Violation
of this clause may result in termination of this Contract in addition to any other remedy available to LOCKHEED MARTIN at law or in equity. SELLER shall reimburse LOCKHEED
MARTIN or Customer for any unauthorized use of LOCKHEED MARTIN or Customer assets.

	(l)
	SELLER
shall advise the LOCKHEED MARTIN Procurement Representative of any unauthorized direction or course of conduct.

	(m)
	SELLER
shall be responsible for all losses, costs, claims, causes of action, damages, liabilities, and expenses, including attorneys' fees, all expenses of litigation and/or
settlement, and court costs, arising from any act or omission of SELLER, its officers, employees, agents, suppliers, or subcontractors at any tier, in the performance of any of its obligations under
this Contract.

	(n)
	SELLER
shall indemnify and hold harmless LOCKHEED MARTIN from and against any actual or alleged liability, loss, costs, damages, fees of attorneys, and other expenses which LOCKHEED
MARTIN may sustain or incur in consequence of (i) SELLER's failure to pay any employee for the Work rendered ender this Contract, or (ii) any claims made by SELLER's personnel against
LOCKHEED MARTIN. 

15.   INFORMATION OF LOCKHEED MARTIN  

	(a)
	SELLER
shall not reproduce or disclose any information, knowledge, or data of LOCKHEED MARTIN that SELLER may receive from LOCKHEED MARTIN or have access to, including proprietary or
confidential information of LOCKHEED MARTIN or of others when in possession of LOCKHEED MARTIN (hereinafter LOCKHEED MARTIN INFORMATION), without the prior written consent of LOCKHEED MARTIN. LOCKHEED
MARTIN INFORMATION includes, but is not limited to, business plans, marketing information, cost estimates, forecasts, bid and proposal data, financial data, formulae, compositions, products,
processes, procedures, 

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	inventions,
systems, or designs. SELLER agrees not to use any LOCKHEED MARTIN INFORMATION for any purposes except to perform this Contract or any other contract or
agreement between LOCKHEED MARTIN and SELLER.

	(b)
	Prior
to commencement of Work, SELLER shall have a written agreement with each of its employees performing services hereunder sufficient to enable SELLER to comply with this Clause.

	(c)
	LOCKHEED
MARTIN INFORMATION provided to the SELLER remains the property of LOCKHEED MARTIN. Within thirty (30) days of the expiration or termination of this Contract or upon
the request of LOCKHEED MARTIN, SELLER shall return or certify the destruction of all LOCKHEED MARTIN INFORMATION and any reproductions, and the SELLER shall promptly surrender all information or
proprietary data developed by SELLER in performance of this Contract, unless its retention is authorized in writing by LOCKHEED MARTIN.

	(d)
	The
provisions set forth above are in addition to any obligations contained in a proprietary information agreement between the parties. 

16.   INFORMATION OF SELLER  

        SELLER shall not provide any proprietary information to LOCKHEED MARTIN without prior execution of a proprietary information agreement by both parties. 

17.   INSPECTION AND ACCEPTANCE  

	(a)
	LOCKHEED
MARTIN and its customer may inspect all Work at reasonable times and places. SELLER shall provide all information, facilities, and assistance necessary for safe and
convenient inspection without additional charge.

	(b)
	No
such inspection shall relieve SELLER of its obligations to furnish all Work in accordance with the requirements of this Contract. LOCKHEED MARTIN's final inspection and acceptance
shall be at destination.

	(c)
	If
SELLER delivers non-conforming Work, LOCKHEED MARTIN may, (i) accept all or part of such Work at an equitable price reduction; or (ii) reject such Work.

	(d)
	SELLER
shall not re-tender rejected Work without disclosing the corrective action taken. 

18.   INSURANCE/ENTRY ON LOCKHEED MARTIN PROPERTY  

	(a)
	In
the event that SELLER, its employees, agents, or subcontractors enter the site(s) of LOCKHEED MARTIN or its customers for any reason in connection with this Contract then SELLER
and its subcontractors shall procure and maintain 

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	for
the performance of this Contract worker's compensation, comprehensive general liability, bodily injury and property damage insurance in reasonable amounts, and such
other insurance as LOCKHEED MARTIN may require. In addition, SELLER and its subcontractors shall comply with all site requirements. SELLER shall provide LOCKHEED MARTIN thirty (30) days advance
written notice prior to the effective date of any cancellation or change in the term or coverage of any of SELLER's required insurance, provided however such notice shall not relieve SELLER of its
obligations to procure and maintain the required insurance. If requested, SELLER shall send a "Certificate of Insurance" showing SELLER's compliance with these requirements. SELLER shall name LOCKHEED
MARTIN as an additional insured for the duration of this Contract. Insurance maintained pursuant to this clause shall be considered primary as respects the interest of LOCKHEED MARTIN and is not
contributory with any insurance which LOCKHEED MARTIN may carry. "Subcontractor" as used in this clause shall include SELLERs subcontractors at any tier. SELLER'S obligations for procuring and
maintaining insurance coverages are freestanding and are not affected by any other language in this Contract.

	(b)
	SELLER
shall indemnify and hold harmless LOCKHEED MARTIN, its officers, employees, and agents from any losses, costs, claims, causes of action, damages, liabilities, and expenses,
including attorneys' fees, all expenses of litigation and/or settlement, and court costs, by reason of property damage or loss or personal injury to any person caused in whole or in part by the
actions or omissions of SELLER, its officers, employees, agents, suppliers, or subcontractors. 

19.   INTELLECTUAL PROPERTY  

        A separate license agreement shall define the rights to all Intellectual Property developed under the subcontract. Prior to completion of the license agreement,
and in consideration for the funds tendered from LM, LM shall have the right to practice UP's IP for the prototype development. Ownership of the physical prototypes will be equally shared between UP
and LM in consideration for amounts tendered under this Purchase Order. The Term Sheet Dated 10-15-04 shall govern IP issues prior to a final License
Agreement—Reference Attachment A. 

20.   MAINTENANCE OF RECORDS  

	(a)
	SELLER
shall maintain complete and accurate records in accordance with generally accepted accounting principles to substantiate SELLER's charges hereunder. Such records shall include,
but not be limited to, applicable time sheets, job cards, phone bills, travel receipts and job summaries. SELLER shall retain such records for three (3) years from final payment of this
Contract.

	(b)
	LOCKHEED
MARTIN shall have access to such records, and any other records SELLER is required to maintain under this Contract, for the purpose of audit 

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	during
normal business hours, upon reasonable notice for so long as such records are required to be retained. 

21.   NEW MATERIALS  

        The Work to be delivered hereunder shall consist of new materials, not used, or reconditioned, remanufactured or of such age as to impair its usefulness or
safety. 

22.   OFFSET CREDIT/COOPERATION  

        This Contract has been entered into in direct support of LOCKHEED MARTIN's international offset programs. All offset benefit credits resulting from this Contract
are the sole property of LOCKHEED MARTIN to be applied to the offset program of its choice. SELLER agrees to assist LOCKHEED MARTIN in securing appropriate offset credits from the respective country
government authorities. 

23.   PACKAGING AND SHIPMENT  

	(a)
	Unless
otherwise specified, all Work is to be packed in accordance with good commercial practice.

	(b)
	A
complete packing list shall be enclosed with all shipments. SELLER shall mark containers or packages with necessary lifting, loading, and shipping information, including the
LOCKHEED MARTIN Contract number, item number, dates of shipment, and the names and addresses of consignor and consignee. Bills of lading shall include this Contract number.

	(c)
	Unless
otherwise specified, delivery shall be FOB Place of Shipment. 

24.   PAYMENT, TAXES, AND DUTIES  

	(a)
	Payment
to SELLER shall be made upon the basis of invoices submitted in such form and detail as Lockheed Martin may require. LOCKHEED MARTIN shall make payment within thirty
(30) days after receipt and approval of such invoices.

	(b)
	Payment
for labor shall be computed by multiplying the appropriate hourly rate(s), set forth in this Contract by the number of direct labor hours performed. Rates shall include wages,
overhead, general and administrative expense, and profit. Fractional parts of an hour shall be payable on a prorated basis.

	(c)
	No
overtime will be paid by LOCKHEED MARTIN unless approved in advance by the LOCKHEED MARTIN Procurement Representative. If no overtime rates are provided in this Contact, overtime
rates will be negotiated.

	(d)
	Reimbursable
costs in connection with lower-tier subcontracts shall be limited to the amounts actually paid by SELLER to low-tier subcontractors. 

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	(e)
	SELLER
shall procure required materials at the most advantageous prices available. Cash and trade discounts, rebates, allowances, credits, and other amounts, which have been accrued
to the benefit of SELLER, are for the account of LOCKHEED MARTIN. All residual material valued at greater than $2,000 (two thousand) per item shall belong to LOCKHEED MARTIN who shall provide
disposition instructions to the SELLER.

	(f)
	LOCKHEED
MARTIN may audit invoices and substantiating books and records as LOCKHEED MARTIN deems necessary. Each payment shall be subject to reduction to the extent found by LOCKHEED
MARTIN not to have been properly payable. Contractor shall promptly advise LOCKHEED MARTIN if it becomes aware of an overpayment. 

25.   PRECEDENCE  

        Any inconsistencies in this Contract shall be resolved in accordance with the following descending order of precedence: (i) Face of the Purchase Order
and/or Task Order, release document, or schedule (including any continuation sheets), as applicable, including any special terms and conditions; (ii) This CORPDOC; and (iii) Statement of
Work. 

26.   QUALITY CONTROL SYSTEM  

	(a)
	SELLER
shall provide and maintain a quality control system to an industry recognized Quality Standard and in compliance with any other specific quality requirements identified in this
Contract.

	(b)
	Records
of all quality control inspection work by SELLER shall be kept complete and available to LOCKHEED MARTIN and its customers. 

27.   RELEASE OF INFORMATION  

        n/a 

28.   SEVERABILITY  

        Each paragraph and provision of this Contract is severable, and if one or more paragraphs or provision are declared invalid, the remaining paragraphs and
provisions of this Contract will remain in full force and effect. 

29.   STOP WORK  

	(a)
	n/a

	(b)
	LOCKHEED
MARTIN shall either terminate in accordance with the provisions of this Contract or continue the Work by written notice to SELLER. In the event of a continuation, an
equitable adjustment in accordance with the principles of the 

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	"Changes"
clause shall be made to the price, delivery schedule, or other provision(s) affected by the Work stoppage, if applicable, provided that the claim for equitable
adjustment is made within thirty (30) days after date of notice to continue. 

30.   SURVIVABILITY  

        If this Contract expires, is complete, or is terminated, SELLER shall not be relieved of those obligations contained in the following provisions: 

Applicable
Laws

Electronic Contracting

Export Control

Independent Contractor Relationship and Seller Personnel

Information of LOCKHEED MARTIN

Information/Entry on LOCKHEED MARTIN Property

Intellectual Property

Maintenance of Records

Release of Information

Warranty 

31.   TERMINATION FOR CONVENIENCE  

	(a)
	Lockheed
Martin may terminate part or all of this Contract for its convenience by giving written notice to SELLER.

	(b)
	Upon
termination, in accordance with LOCKHEED MARTIN's written direction, SELLER will immediately: (i) Cease work; (ii) Prepare and submit to LOCKHEED MARTIN an
itemization of all completed and partially completed deliverables and services; (iii) Deliver to LOCKHEED MARTIN deliverables satisfactorily completed up to the data of termination at the
agreed upon prices in the relevant statement of work; and (iv) Deliver upon request any Work in process. In the event LOCKHEED MARTIN terminates for its convenience after performance has
commenced, LOCKHEED MARTIN will compensate SELLER for the actual, allowable, and reasonable expenses incurred by SELLER for Work in process up to and including the date of termination provided SELLER
uses reasonable efforts to mitigate LOCKHEED MARTIN's liability under this clause.

	(c)
	In
no event shall LOCKHEED MARTIN be liable for lost or anticipated profits, unabsorbed indirect costs or overhead, or for any sum in excess of the total Contract price. SELLER's
termination claim shall be submitted within ninety (90) days from the effective date of the termination.

	(d)
	SELLER
shall continue all Work terminated. 

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32.   TIMELY PERFORMANCE  

	(a)
	SELLER's
timely performance is a critical element of this Contract.

	(b)
	Unless
advance shipment has been authorized in writing by LOCKHEED MARTIN, LOCKHEED MARTIN may store at SELLER's expense, or return, shipping charges collect, all Work received in
advance of the scheduled delivery date.

	(c)
	If
SELLER becomes aware of difficulty in performing the Work, SELLER shall timely notify LOCKHEED MARTIN, in writing, giving pertinent details. This notification shall not change any
performance schedule.

	(d)
	In
the event of a termination for convenience or change, no claim will be allowed for any manufacture or procurement in advance of SELLER's normal flow time unless there has been
prior written consent by LOCKHEED MARTIN. 

33.   WAIVERS, APPROVALS, AND REMEDIES  

	(a)
	Failure
by LOCKHEED MARTIN to enforce any of the provisions of this Contract shall not be construed as a waiver of the requirements of such provisions, or as a waiver of the right of
LOCKHEED MARTIN thereafter to enforce each such provision.

	(b)
	LOCKHEED
MARTIN's approval of documents shall not relieve SELLER of its obligation to comply with the requirements of this Contract.

	(c)
	The
rights and remedies of LOCKHEED MARTIN in this Contract are cumulative and in addition to any other rights and remedies provided by law or in equity. 

34.   WARRANTY  

	(a)
	SELLER
warrants that it is and shall remain free of any obligation or restriction which would interfere or be inconsistent with or present a conflict of interest concerning the Work
to be furnished by SELLER under this Contract.

	(b)
	SELLER
warrants that it will perform the services under this Contract with the degree of high professional skill and sound practices and judgment which is normally exercised by
recognized professional firms with respect to services of a similar nature.

	(c)
	SELLER
warrants that all Work furnished pursuant to this Contract shall strictly conform to applicable specifications, drawings, samples, descriptions, and other requirements of this
Contract and be free from defects in design, material, and workmanship, keeping in mind that a fabricated prototype is not a "finished" product by definition. This warranty shall begin upon final
acceptance and extend 

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	for
a period of one (1) year. If any nonconforming Work is identified within the warranty period, SELLER at LOCKHEED MARTIN's option, shall promptly repair,
replace, or reperform the non-conforming Work. Transportation of replacement Work, return of non-conforming Work, and reperformance of Work shall be at SELLER', expense. If
repair, or replacement, or reperformance of Work is not timely, LOCKHEED MARTIN may elect to return, reperform, or repair, replace, or reprocure the Work at SELLER's expense. All warranties shall run
to LOCKHEED MARTIN and its customers. 

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	Term Sheet Clean Copy

10-15-2004 Final Agreement	 	Attachment A to PO 270662

  
 

    Lockheed Martin and Uni-Pixel
  Term Sheet    
    

        This term sheet dated 15 October 2004 represents a non-binding expression of terms between the business management entities of the respective
companies, whereas Lockheed Martin Systems Integration-Owego, Mil and Aerospace Business Unit shall be known as "LM' and Uni-Pixel Displays, Inc. shall be known as "UP". 

        The
Parties intend to pursue and negotiate *** which includes *** provisions *** targeted to be *** after completion of this term sheet. This *** will incorporate the *** terms described
herein and will also include articles routinely included in an agreement of this type that include, but are not limited to, mutually agreed upon *** and limitation of liability for *** to LM under
this agreement. 

        Each
party shall receive *** Intellectual Property and Proprietary Information relating to Time Multiplexed Optical Shutter (TMOS) technology, solely for the field of use *** as defined
in the ***. 

        This
new technology is for flat panel, edge injected, light valve display technology that will allow manufacture of a full range of flat panel or *** sizes from *** and features lower
power consumption, simplified architecture, and better visual quality. 

        The
terms are as follows: 

	1.
	This
*** will consist of two elements, 1) The *** between UP and LM for UP (and LM related) Intellectual property as described below and, 2) A subcontract between LM and
UP for Prototype Development. The Subcontract is included as ANNEX A to this term sheet.

	2.
	LM
shall receive *** to *** UP's *** Intellectual Property and Proprietary Information relating to its TMOS technology, solely for ***. UP shall warrant its right *** UP Intellectual
Property. The intellectual property is listed in ANNEX B to this term sheet. In turn, UP shall receive from LM *** LMs *** Intellectual Property, Proprietary Information, and/or
know-how realized from ***, solely for products *** markets. LM shall provide UP with *** Intellectual Property that LM has rights to *** or other information relevant to TMOS technology
acquired through parallel or Cooperative R&D efforts.

	3.
	The
term of the *** shall be for a minimum of *** years from the date of the first production item availability, with *** automatic renewal *** so long as *** (defined in the ***).
While exact purchase order value(s) cannot be determined at this time, it is estimated that the annual target for purchase order(s) will begin *** for the first year of limited production and
availability of UP panels. Targets for panel orders in the 

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	remaining
years of the agreement ***. The Subcontract issued in Annex A and any subsequent subcontracts shall accrue toward the ***.

	4.
	LM's
shall name UP or UP's selected subcontractor as the *** supplier for TMOS *** panels. Requirements to be a *** supplier include, but are not limited to, ***. Upon completion of
the initial acceptable panels, UP shall develop and present LM *** which consists of the projected labor, material and profit required to produce production quantities.

	5.
	In
the event that LM is unable to meet the *** purchase order targets as required ***, or after the *** period expires or the agreement is terminated, and LM desires to continue to use
the TMOS technology in the *** markets, LM agrees to pay *** in the amount of *** based on the application of *** Intellectual Property ***.

	6.
	In
the event that UP (or its subcontractors) are unable to *** produce panels to the standards, quantities, and schedule required by LM or its Customers and agreed upon by UP, or upon
written notification from UP that they are unable to perform, LM shall have the right to *** to fulfill program requirements (subject to terms and conditions stipulated ***). LM agrees to also pay ***
based on the application of *** Intellectual Property. This *** percentage *** is subject to *** once *** and *** requirements have been established.

	7.
	In
the event that LM chooses not to pursue a *** opportunity, LM agrees to "grant back" the right to sell products for the *** business opportunities not pursued by LM. UP agrees to
use LM as it's *** supplier of *** panels.

	8.
	UP
and LM shall agree to disclose to each other, improvements related directly to UP and LM Intellectual property for the period of ***. In the event that either party elects not to
pursue patent applications on relevant disclosures and applications or renew any patents that may be issued in the future, such party shall notify the other and the other shall be entitled to pursue
these patent applications and renew these patents. At the time that this renewal occurs, ownership of the patents would be transferred to the renewing party, with grant back rights to the other party.

	9.
	LM
and UP shall enter into a subcontract for TMOS prototype development. The License shall define the rights to all Intellectual Property developed under the subcontract. Prior to
completion of the License Agreement, and in consideration for the funds tendered from LM, LM shall have the right to practice UP's IP for the prototype development. Ownership of the physical
prototypes will be equally shared between UP and LM in consideration for amounts tendered under the Annex A.

	10.
	In
the unlikely event that, during the period of the ***, development efforts do not lead to a TMOS product marketable by LM then the *** may be terminated in accordance with the
terms of the ***. 

***Confidential
Information Omitted and Filed Separately with the Securities and Exchange Commission 

23

 
	11.
	UP
is making *** to include *** terms to their commercial selling agreement which may preclude or limit use of *** products in the *** market segments to protect LM's *** position for
***. 

***Confidential
Information Omitted and Filed Separately with the Securities and Exchange Commission 

24

QuickLinks

Schedule B

GENERAL PROVISIONS—TIME AND MATERIALS COMMERCIAL SUBCONTRACT/PURCHASE ORDERS

Lockheed Martin and Uni-Pixel Term Sheet

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