Document:

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                                  EXHIBIT 10.33
                                  -------------

                              EMPLOYMENT AGREEMENT

                  Michael Anthony Jewelers, Inc, a Delaware Corporation with its
principal place of business in Mount Vernon, New York ("Corporation"), and
Claudia Hollingsworth, an individual and resident of California ("Employee"),
have, as of this 2nd day of FEBRUARY, 2002 entered into the following:

                                    AGREEMENT

                  In consideration of the mutual promises and covenants of the
parties, together with other valuable consideration, the receipt and legal
sufficiency of which are hereby acknowledged, Corporation and Employee agree as
follows:

                  1. EMPLOYMENT. Corporation hereby employs Employee, and
Employee accepts employment by Corporation, upon the terms and conditions of
this Agreement. Employee represents that, at the Effective Date (as defined
below), she will not be a party to any other employment agreement, nor will she
be restricted in any way from being employed by Corporation or from completely
performing her duties hereunder.

                  2. DUTIES. Employee shall serve as Corporation's President,
reporting to Michael W. Paolercio, Chief Executive Officer, and shall perform
such duties as the Corporation may require from time to time, consistent with
such position as an executive officer of the Corporation. Shelly Light,
Executive Vice President and Mark Hanna, Vice-President, Marketing and Sales,
and any successors thereto, shall report directly to Employee. Employee will be
required to maintain her office at the Corporation's corporate headquarters in
Mount Vernon, New York. Changes in or additions to Employee's duties, consistent
with the provisions of this Agreement, are not to be accompanied by additional
compensation unless expressly agreed to by Corporation. Employee agrees to serve
Corporation faithfully and to the best of her ability and to devote
substantially her entire business and professional time, attention, and energies
to the business of Corporation, and to the proper and timely discharge of her
duties. Employee shall comply with all applicable laws and prevalent commercial
and industry customs and practices.

                  3. COMPENSATION AND BENEFITS. For and in consideration of the
covenants and promises of Employee herein, including, without limitation, the
restrictive covenants contained in Section 5, and as full and complete
remuneration for all services rendered by Employee hereunder, Employee shall
receive the following compensation and benefits:

                     3.1 BASE SALARY. Employee shall be entitled to a base
salary equal to Two Hundred and Seventy Five Thousand Dollars ($275,000.00) per
annum for the first two years and Three Hundred Thousand Dollars ($300,000.00)
for the third year, earned and payable in periodic weekly installments ("Base
Salary"). All applicable deductions shall be withheld from Employee's
compensation as required by law.

                     3.2 SIGNING BONUS. In addition to the Base Salary, Employee
shall be entitled to a signing bonus equal to Fifty Thousand (50,000) shares of
the Corporation's common stock upon execution and return of this Agreement to be
issued as of the Effective Date and delivered to Employee within six weeks of
the Corporation's receipt of the executed Agreement. Such shares to be

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restricted for resale during the first year under federal law and the safe
harbor provisions of Rule 144. To the extent the shares are eligible to be
registered for resale under Form S-8, the Corporation shall register such shares
within six (6) months following the Effective Date. In the event that such
shares are no so registered and Employee desires to sell such shares during the
first year following the Effective Date to cover any tax liability imposed as a
result of the original issuance of such shares, the shareholders identified on
the signature page of this Agreement, upon request of Employee, will purchase at
fair market value, such number of shares as are necessary for Employee to meet
her tax liability with respect to the original grant of the shares. The
Corporation, with Employee's assistance and cooperation, will file all necessary
documentation with the Securities and Exchange Commission relating to such
issuance and resale.

                     3.3 BENEFITS. Employee shall be entitled to the following
benefits at Corporation's expense:

         (i) twenty (20) business days' paid vacation each year.

         (ii) comprehensive medical and dental care, selected by the Corporation
         for Employee and dependents. Employee will also participate in the
         Medical Executive Reimbursement Plan, whereby Employee will be
         reimbursed up to $5,000.00 for medical expenses not covered by the
         Corporation's comprehensive medical and dental care plans. Corporation
         to pay COBRA expenses until Employee is eligible for coverage under
         Corporation's plan.

         (iii) disability insurance in accordance with the Corporation's group
         disability plan;

         (iii) term life insurance with death benefit equal to at least
         $50,000.;

         (iv) reimbursement for all documented ordinary, necessary, and
         reasonable business expenses, including without limitation travel
         expenses incurred by Employee in accordance with Corporation's policy.

         (v) participation in the Corporation's 401K Plan pursuant to the terms
         of the Plan.

         (vi) participation in the Corporation's Deferred Compensation Plan
         pursuant to the terms of such Plan.

         (vii) a living allowance and car service (to and from the Corporation's
         corporate headquarters) for the term of this Agreement. The living
         allowance for the first year of the Agreement shall be Seven Thousand
         Dollars ($7,000) per month and increase each year thereafter by Five
         Hundred Dollars ($500.00) per month unless otherwise mutually agreed
         upon by the parties.

                     3.4 OTHER COMPENSATION. Employee shall also be eligible to
earn up to 100% of Employee's base salary as a bonus each year based upon
meeting specific performance goals (to be mutually agreed upon by the parties
and set forth in writing) and Corporation profitability thresholds as set forth
in Exhibit A attached hereto. In the event Employee resigns employment with the
Corporation, is terminated pursuant to Section 4.2 or otherwise ceases
employment with the Corporation, Employee shall only be entitled to a pro-rata
bonus based on the number of months Employee worked during the Initial Term or
any Renewal Term hereof.

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                     3.5 STOCK OPTIONS On the Effective Date, Employee will
receive Stock Options for 300,000 shares which vest over 3 years and which shall
be exercisable over the longest period permitted under the Corporation's Stock
Option Program, which shall, in no event be less than 5 years. Employee will
receive additional Stock Option Awards for 100,000 shares for each year of the
Initial Renewal Term, if applicable, in years 4, 5, and 6. The exercise price of
any such option shall be determined in accordance with the terms of the Employee
Stock Options Program but in no case shall be greater than the fair market value
of a share of the Corporation's common stock on the grant date. The Corporation
with Employee's assistance and cooperation will file all necessary documentation
with the Securities and Exchange Commission.

                     3.6 CHANGE OF CONTROL As a member of Management, Employee
would be covered by the Corporation's Change of Control Plan whereby, if there
is a change of control at the Corporation, subject to the terms and conditions
of the Plan, Employee would be eligible to receive the greater of (i) the
compensation and benefits that would otherwise be payable to Employee through
the end of the term of the Agreement or (ii) one year's salary and benefits. All
issued stock options would automatically vest upon a change of control.

                  4. TERM AND TERMINATION

                     4.1 TERM. The initial term of this Agreement and Employee's
employment hereunder shall commence on the 4th day of March, 2002 (the
"Effective Date"), and, unless sooner terminated as provided for herein, expire
on March 3, 2005 (the "Initial Term"); provided, however, that this Agreement
shall be automatically renewed for successive renewal periods of three (3) years
each (each a "Renewal Term") unless Corporation or Employee notifies the other
in writing at least thirty (30) days prior to the expiration of the Initial Term
or any Renewal Term that the Corporation or Employee, as the case may be, elects
not to renew this Agreement, in which case this Agreement and Employee's
employment hereunder shall terminate upon expiration of such term. Unless
otherwise provided by prior written agreement between Corporation and Employee,
any Renewal Term shall be on the same terms and conditions as those contained in
this Agreement. Either Corporation or Employee may terminate this Agreement at
the expiration of the Initial Term or any Renewal Term thereof, as provided in
this Section 4.1, for any reason or for no reason, in its sole discretion.

                     4.2 TERMINATION FOR CAUSE. Corporation may terminate this
Agreement, without notice to Employee and with immediate effect, for cause. The
term "Cause" shall be defined as:

            (i) willful failure of Employee to comply with reasonable directives
of the CEO and/or COO of Corporation or his designee; provided, however, that no
such termination shall be effective unless and until Employee shall have had an
opportunity to discuss such termination with the Board of Directors and the
Board of Directors shall have reviewed and ratified such termination.

            (ii) chronic absenteeism of Employee not related to a physical
illness; Employee's inability to perform her duties because of Employee's
physical or mental illness or disability for a period of ninety (90) days in any
twelve month period.

            (iii) Employee's conviction of a crime involving moral turpitude or
other serious criminal offense; or

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            (iv) Employee's material breach of this Agreement, which breach
remains uncured or continues for a period of thirty (30) days after the
Corporation provides written notice to Employee of such breach.

                     4.3 EFFECT OF TERMINATION. In the event of (i) a
termination for reasons other than "Cause" (as defined in Section 4.2 above) or
(ii) a resignation for "Good Reason" which shall be defined as (A) a demotion or
material change in duties or responsibilities without consent of Employee, or
(B) a change of location at which Employee is required to provide services
Employee shall receive the greater of (1) the compensation and other benefits
that would otherwise be payable to Employee through the end of the term of the
Agreement (payable in accordance with the Corporation's normal payroll
practices) or (2) severance pursuant to the Corporation's policy which provides
for one month's salary for every year of service up to a maximum of six months.

                     4.4 DISCLOSURE OF PROBLEM OR DISAGREEMENTS. Employee agrees
to promptly bring to the attention of Corporation any problems or disagreements
as to Corporation's policies, or any other matters which might cause Employee to
seek to terminate or fail to renew this Agreement. Employee agrees to bring such
matters to the attention of Corporation's management prior to giving notice of
termination or non-renewal of this Agreement for reasons other than Good
Reason.. The purpose and intent of the parties in including this provision is to
ensure that Corporation is made aware of any employment related problems and,
where possible, to resolve them to the parties' mutual satisfaction.

                  5. RESTRICTIVE COVENANTS. For and in consideration of the
covenants and promises of Corporation herein, including without limitation,
those contained in Section 3 concerning compensation and benefits, Employee
covenants and agrees that:

                     5.1 CORPORATION'S SHOP RIGHT . Employee shall make prompt
and complete disclosure to Corporation of any (i) invention, discovery, or
improvement whether patentable or not ("Invention"); (ii) copyrightable or
trademark material; or (iii) trade secrets, which relate to the business of
Corporation and which are made, conceived, or authorized by Employee, alone or
with others, during the term of this Agreement. To the maximum extent provided
by law, Employee shall assign, and she does hereby assign, to Corporation all of
her right, title, and interest in any such invention(s), copyrightable or
trademark material(s) and trade secrets, and agrees to execute, acknowledge, and
deliver any and all documents and instruments necessary or useful to confirm
complete ownership thereof by Corporation. At the request and expense of
Corporation, Employee shall promptly render whatever assistance may be
reasonable and necessary for Corporation to secure a patent, copyright, or
trademark for such Invention(s) or material(s).

                     5.2 PROPERTY. All data, reports, manuals, listings,
customer lists (but exclusive of Employee's Contacts, as defined below) and any
other documents, equipment or data furnished to or prepared or obtained by
Employee during the course of or in connection with her employment shall be the
sole and exclusive property of Corporation; and Employee shall promptly turn
over to Corporation all such items upon the request of Corporation's Board of
Directors or upon the expiration or termination of this Agreement for any
reason.

                     5.3 CORPORATE OPPORTUNITIES. During the term of this
Agreement, Employee shall promptly and fully disclose to Corporation any
business opportunities involving any existing or prospective line of business or
activity of Corporation, and shall not divert to her own use or benefit, or the
use or benefit of others, such opportunities without the prior written consent
of Corporation.

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Employee agrees that she shall not accept from any third party,
directly or indirectly, any material benefits, advantages, or remuneration (cash
or otherwise) related to or arising out of Corporation's business or Employee's
employment by Corporation, without the prior written consent of Corporation.

                     5 4. CONFIDENTIALITY. Employee hereby agrees and
acknowledges that, as a result of her employment by Corporation, she will have
access to, among other things, certain confidential techniques, data and
information such as know-how, trade secrets, products, customer lists, catalogs,
and price lists, computer records, policies, other confidential procedures and
techniques, and other data and information relating to the business of
Corporation or its products ("Proprietary Information"). Employee stipulates and
agrees that such Proprietary Information is the sole and exclusive property of
Corporation, and that such Proprietary Information is confidential and
proprietary, and that the unauthorized use or disclosure thereof would seriously
and irreparably damage Corporation's business. As a material inducement to
Corporation to enter into this Agreement, Employee hereby agrees that she will
not, for any purpose whatsoever, at any time during or after employment by
Corporation, directly or indirectly use, divulge, communicate, or disclose to
any person, firm, or organization, any such Proprietary Information obtained by
or disclosed to Employee during or as a result of her employment by Corporation.
Notwithstanding anything to the contrary set forth in this Agreement,
Proprietary Information shall not include Employee's relationships or knowledge
of customers, suppliers or other industry participants or Employee's Rolodex or
similar database, whether or not in written form, of customers, suppliers or
other industry contracts (collectively, "Employee's Contacts").

                     5.5 NON-COMPETITION. As a material inducement to
Corporation to enter into this Agreement, Employee agrees that:

                         5.5.1 During her employment by Corporation and, if
Employee resigns for reasons other than Good Reason, retires, or is terminated
by the Corporation for Cause pursuant to Section 4.2, and for a period of one
(1) year thereafter, Employee shall not engage in Competitive Conduct (defined
below).

                         5.5.2 For purposes of this Section 5.5, "Competitive
Conduct" means:

                     (i) Competing, directly or indirectly, with Corporation (A)
while employed by the Corporation or receiving severance payments from the
Corporation, by working for or providing services to any business that competes
with the Corporation, or (B) subsequent to the termination of her employment
with the Corporation, by working for or providing services to Aurafin or any
Affiliates of Aurafin in the Territory (defined below);

                     (ii) Soliciting or diverting, directly or indirectly, the
business of any of Corporation's clients, customers, accounts, principals,
agents, distributors, or suppliers with whom Employee conducted business during
the term of her employment (A) while employed by the Corporation or while
receiving severance payments from the Corporation, to or for the benefit of any
business that competes with the Corporation, or (B) subsequent to the
termination of her employment with the Corporation, to or for the benefit of
Aurafin or its Affiliates;

                     (iii) Soliciting or diverting, directly or indirectly, the
business of any of Corporation's clients, customers, accounts, principals,
agents, distributors, or suppliers with whom Corporation conducts business at
the time Employee ceases employment with Corporation, or conducted business
within the twelve (12) month period prior to such cessation of employment (A)

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while employed by the Corporation or while receiving severance payments from the
Corporation, on behalf of or for the benefit of any business that competes with
the Corporation, or (B) subsequent to the termination of her employment with the
Corporation, on behalf or for the benefit of Aurafin or its Affiliates;

                     (iv) Employing or soliciting, directly or indirectly, for
employment any person (A) employed by Corporation at the time Employee ceases
employment with Corporation, or (B) employed by Corporation within the twelve
(12) month period prior to the cessation of employment; and

                     (v) Participating or acting, within the Territory (defined
below), directly or indirectly, as an employee, agent, consultant, director,
principal, owner, shareholder, or partner (A) while employed by the Corporation
or receiving severance payments from the Corporaiton, in any business that
competes with the Corporation, or (B) subsequent to the termination of her
employment with the Corporation, in Aurafin or its Affiliates.

                         5.5.3 Notwithstanding anything to the contrary
contained in Section 5.5.2 above, Employee may, at any time after termination of
her employment but while she is receiving severance payments pursuant to this
Agreement, elect to forego any remaining severance payments owed to her, in
which case the definition of Competitive Conduct under this Agreement shall be
limited to Section 5.5.2(iv) and ONLY clause (B) of Sections 5.5.2(i), (ii),
(iii), and (v).

                         5.5.4 For purposes of this Section 5.5 "Territory"
means all states in the United States.

                     5.6 SURVIVAL OF PROVISIONS. THE PROVISIONS OF THIS SECTION
5 AND EACH OF THE SUBSECTIONS HEREOF SHALL SURVIVE EXPIRATION OR TERMINATION OF
THIS AGREEMENT OR EMPLOYMENT HEREUNDER FOR ANY REASON.

                  6. REASONABLENESS OF RESTRICTION. Employee has carefully read
and considered the provisions of Section 5 of this Agreement and each of the
subsections thereof, and, having done so, expressly agrees and acknowledges that
the covenants and agreements set forth therein are based upon valuable and
sufficient consideration, the receipt of which as of the date of this Agreement
is hereby acknowledged, that such covenants and agreements are fair and
reasonable in all respects, and are reasonably required and necessary for the
protection of the legitimate business and competitive interests of Corporation;
and that each of the covenants and agreements contained in Section 5 of this
Agreement and each of the subsections thereof is separately and independently
given, and each such covenant and agreement is intended to be enforceable
separately and independently of the other such covenants and agreements,
including, without limitation of remedy, enforcement by injunction or other
equitable relief.

                  7. ENFORCEMENT REMEDIES. Employee acknowledges and agrees that
any breach by Employee of any of the provisions of Section 5 will cause
immediate and irreparable damage to Corporation. In the event of a breach or
threatened breach by Employee of any of such provisions, Corporation shall be
entitled to temporary, preliminary, and/or permanent injunctive relief in
addition to, and not in lieu of, any other remedies available to Corporation at
law or in equity. Corporation shall also be entitled to recover from Employee
its legal costs and expenses, including reasonable attorneys' fees, in
connection with proceedings arising from any actual or threatened breach by
Employee of any

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of the provisions of Section 5. The Restricted Period shall be extended in an
amount which equals the time period during which Employee is in violation of any
of the provisions of Section 5.

                  8. SEVERABILITY. If any part of provision of this Agreement
shall be invalid, illegal, or unenforceable for any reason, the remaining
provisions hereof shall remain effective and fully enforceable to the maximum
extent permitted by law.

                  9. NOTICES. Any notice contemplated, required, or permitted
under this Agreement shall be sufficient if in writing and shall be deemed given
when delivered personally or when sent by prepaid certified or registered mail,
return receipt requested to the addresses listed below or to such other
addresses as either party hereto may hereafter designate in writing-from time to
time:

         if to Corporation:         Michael Anthony Jewelers, Inc.
                                    115 So. MacQuesten Parkway
                                    Mt. Vernon, New York 10550-1724
                                    Attention:  Chief Executive Officer

         if to Employee:            Claudia Hollingsworth
                                    10520 Wilshire Boulevard #205
                                    Los Angeles, California  90024

         With a copy to:            Robert Steinberg, Esq.
                                    Jeffer, Mangels, Butler & Marmaro LLP
                                    2121 Avenue of the Stars, 10th Floor
                                    Los Angeles, CA 90067

                  10. GENERAL PROVISIONS. This Agreement shall inure to the
benefit of and be binding upon the parties and their respective successors,
heirs, and assigns; provided that, inasmuch as the services to be rendered by
Employee are personal in nature, Employee may not assign, in whole or part, this
Agreement or her rights or obligations hereunder. This Agreement may not be
altered, modified, or amended, in whole or in part, except in writing signed by
Employee and Corporation. Waiver by either party of any breach of any provision
of this Agreement shall not operate or be construed as a waiver of any
subsequent breach.

                  11. CHOICE OF LAW. This Agreement shall in all respects be
governed by and construed according to the laws of the state of New York. With
respect to any dispute or controversy arising out of or relating to this
Agreement, the laws of the state of New York shall likewise govern and apply.

                  12. EXCLUSIVE FORUM, VENUE, AND CONSENT TO JURISDICTION. The
parties agree that the Supreme Court, Westchester County of the State of New
York shall constitute the exclusive judicial forum for the adjudication of all
disputes arising out of or relating to this Agreement, that Westchester County
shall be the sole proper venue for any such adjudication, and that those Courts
may exercise personal jurisdiction over them in any such adjudication.

                  13. ENTIRE AGREEMENT. This Agreement reflects the complete
understanding of the parties and constitutes their entire agreement, all prior
negotiations, representations, agreements, and statements having merged herein.

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         IN WITNESS WHEREOF, the parties have duly executed this Agreement under
seal, as is their intention, as of the date and year first above written.

CORPORATION:

                                   MICHAEL ANTHONY JEWELERS, INC.
ATTEST:

                                   By: /s/: Michael W. Paolercio
                                       --------------------------
                                       Michael W. Paolercio, CEO

EMPLOYEE:

                                       /s/: Claudia Hollingsworth
                                       --------------------------
                                       Claudia Hollingsworth

PRIMARY SHAREHOLDERS (solely for purposes of Section 3.2 of this Agreement):

/s/: Michael W. Paolercio
--------------------------
MICHAEL W. PAOLERICO

/s/: Anthony Paolercio, Jr.
 ---------------------------
Anthony Paolercio, Jr.

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                                    EXHIBIT A

           CORPORATION PROFITABILITY THRESHOLDS & EMPLOYEE BONUS LEVEL
           -----------------------------------------------------------

Corporation pre-tax income must exceed 5% of net worth for Bonus to be payable:

For the initial term of the Agreement the Net Worth shall be determined as of
FY2002 Year End (February 2, 2002) and recalculated for successive renewal
periods.

Above
Threshold                                     Salary % Bonus Calculation

1st million                                            7.5%

2nd million                                            15%

3rd million                                            20%

4th million                                            30%

5th million                                            40%

6th million                                            50%

7th million                                            75%

8th million and above                                 100%

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                                                                   EXHIBIT 10.18

                       PATENT LICENSE AGREEMENT - DEVICES

This Patent License Agreement - Devices (the "Agreement") is made effective as
of the date last signed below (the "Date of Execution") by and between A.T.
Cross Company, a Rhode Island corporation having its principal place of business
at One Albion Road, Lincoln, RI 02865, (hereinafter Licensee) and NeoMedia
Technologies, Inc., a Delaware corporation having its principal place of
business at 2201 Second Street, Suite 600, Fort Myers, Florida 33901
(hereinafter "NeoMedia").

RECITALS

         WHEREAS, NeoMedia is the owner of, or has acquired rights under,
numerous U.S. patents and patent applications, as well as foreign patent
applications, relating to methods and systems for using bar code symbols or
other auto-ID media (such as RFID tags) to connect users to and transmit data
over the Internet;

         WHEREAS, Licensee is desirous of obtaining a worldwide, non-exclusive
license under the NeoMedia Licensed Patents as defined herein;

         WHEREAS, NeoMedia is willing to grant such license under such patent
rights in consideration of royalty payments to be made by Licensee;

         NOW THEREFORE, in consideration of the premises, Licensee and NeoMedia
hereby agree as follows:

SECTION 1 - DEFINITIONS

1.1 "Auto ID Technology" shall mean any technology that enables a Device to
scan, read, identify, or otherwise input machine-readable data from a carrier in
an automatic or semi-automatic manner (i.e. not manually entered by a human
operator such as by keyboard entry) which is listed on Exhibit A attached
hereto, as may be amended by a fully signed amendment to this Agreement as
executed by both parties. Examples of Auto ID Technology include but are not
limited to any type of bar code scanning, radio frequency identification
(RF-ID), audio signal decoding and voice recognition techniques.

1.2 "Devices" shall mean those products which are intended for use by an
end-user to facilitate communication by the end-user over a Computer Network in
conjunction with a Switch. Devices licensed hereunder are identified in Exhibit
A attached hereto as may be amended by a fully signed amendment to this
Agreement as executed by both parties and may be referred to hereinafter as
"Licensed Devices".

1.3 "Computer Network" shall mean a network of computers or computer networks,
such as the Internet, comprising one or more computing devices connected by data
transmission means (both wired and wireless).

1.4 "Licensed Patents" shall mean all patents and patent applications existing
and owned by NeoMedia as of the Date of Execution as well as those obtained or
created thereafter, together with all parents, improvements, provisional
applications, continuations, continuations-in-part, divisions, extensions,
re-examinations or reissues thereof and patents issuing thereon, and any
counterpart foreign patent applications and patents.

1.5  "Switch" shall mean any computing product that receives data, such as (but
     not limited to) data obtained from a bar code, from a Device via a Computer
     Network and performs a task as a function of the received data. An example
     of a Switch includes, but is not limited to, a server computer programmed
     with a database that receives bar code data from a Device, retrieves a URL
     (or IP address, computer name, or other resource locator) from the database
     as a function of the index, and returns the URL to enable the Device to
     communicate with the computing device designated by the URL and retrieve
     the resource.

1.6  "Affiliate" means, with respect to a party of this Agreement, any
     corporation, company, division, partnership, joint venture or other firm or
     entity in which such party to this Agreement directly or indirectly owns or
     controls, (a) in the case of a corporate Affiliate, fifty percent (50%) or
     more of the participating shares entitled to vote for the election of
     directors; or (b) in the case of a non-corporate Affiliate, fifty percent
     (50%) or more of the equity interest or beneficial interest of such
     non-corporate Affiliate.

SECTION 2 - LICENSE GRANT

2.1 Non-Exclusive License Grant. NeoMedia hereby grants to Licensee a personal,
non-transferable (except as provided herein), worldwide, non-exclusive license,
under the Licensed Patents, subject to the terms of this Agreement, to make,
have made, use, sell and offer for sale Devices (hereinafter "Licensed
Devices").

2.2 (a) No Switch Flow-Through Rights Granted. No rights, implied or express, to
make, have made, use, operate, sell or offer for sale a Switch are granted
herein, nor are any such rights conveyed directly or indirectly to Licensee or
to any owner or user of a Licensed Device.
     (b) Third Party Switch Licenses. Licensee may, however, derive certain
license rights for Devices under third party Switch licenses issued by NeoMedia,
which extends certain patent rights to manufacturers, distributors, etc. of
Devices used exclusively with a Switch licensed by NeoMedia. Such rights
(hereinafter referred to as "Third Party License Rights") are governed
exclusively by the terms of such third party Switch license. For example, as of
the date of execution of this Agreement, NeoMedia is a party to a Third Party
Switch license with Digital Convergence ("DC"), which provides in pertinent part
as follows: "The non-exclusive grant provided hereunder includes flow-through
rights sufficient to allow (i) DC's Affiliates, distributors, business partners,
dealers, agents, franchisees, licensees (direct and indirect), and customers to
act in furtherance of DC's license hereunder. . . ."

2.3 Covenant Not To Sue. Licensee, and the owner or operator of a Licensed
Device shall be immune from claims of patent infringement by NeoMedia due solely
to the use of such Licensed Device. Such immunity from suit shall be limited to
the use of a Licensed Device and shall not extend in any manner whatsoever to
the manufacture, use, or sale of a Switch (whether or not used with a Licensed
Device), and NeoMedia reserves any and all rights it may have to proceed with a
claim of patent infringement or otherwise against any person or entity that
makes, uses or sells a Switch that is not otherwise licensed by NeoMedia.
<PAGE>

2.4 No Sub-License Rights. Licensee is granted no rights to grant sublicenses to
third parties under the Licensed Patents.

2.5 Reservation of Rights by NeoMedia. NeoMedia reserves all rights under the
Licensed Patents not expressly conveyed to Licensee under this Agreement.
NeoMedia retains full discretion regarding prosecution of its Licensed Patents,
including but not limited to abandonment of any pending patent application or
lapse of any issued patent.

SECTION 3 - ROYALTIES AND PAYMENT

3.1 (a) Royalty. Licensee shall pay to NeoMedia a royalty of (i) Two Dollars
($2.00) per Licensed Device sold incorporating one Auto-ID Technology, (ii) Two
Dollars and Seventy Five Cents ($2.75) per licensed Device incorporating two
Auto-ID Technologies; and (iii) an additional Fifty Cents ($0.50) per Licensed
Device for the third as well as each additional Auto-ID Technology incorporated
into the Licensed Device (collectively, the "Royalty"). The Royalty shall be
payable quarterly within forty-five days (45) after the end of each calendar
quarter and shall be accompanied by a report setting forth (i) the computation
of the Royalty payment for such quarter, (ii) including a computation of the
number of Licensed Devices sold for that calendar quarter and (ii) the number of
Technologies incorporated into each such Licensed Device; and (iv) a 12 month
forward looking rolling forecast of Licensed Devices (the "Royalty Report").
     (b) Third Party License Rights. No Royalty shall be due NeoMedia from Cross
for Devices duly licensed pursuant to Third Party License Rights, as described
in Section 2.2 of this Agreement.

3.2 Payment Location. All Royalty payments to NeoMedia, shall be made in U.S.
Dollars at the address specified in Section 6.16 below.

3.3 Record Keeping; NeoMedia Audit Rights. In connection with such royalty
payments under this Section 3, Licensee shall maintain, throughout the Term of
this Agreement for three (3) years thereafter, all usual, proper, complete and
accurate relevant sales and accounting records of Licensee necessary to
determine the Royalties due NeoMedia hereunder. Such records shall be available
for inspection by NeoMedia during usual business hours and upon reasonable
notice of not less than fifteen (15) days prior to the proposed beginning of the
audit, for the purpose of verifying such reports. NeoMedia's Audit Rights shall
be limited to a maximum of one (1) audit per Licensee fiscal year, and any audit
must be initiated within twelve (12) months of the end of the license year,
except that if such audit reveals payment irregularities. NeoMedia shall be
entitled to audit any prior license years. Such inspection shall be at
NeoMedia's expense; however, if the audit reveals overdue payments in excess of
five percent (5%) of the payments owed during the period covered by the audit,
Licensee shall pay the reasonable costs of such audit.

SECTION 4 - REPRESENTATIONS, COVENANTS, INDEMNIFICATION

4.1 Corporate Power; Patent Ownership. Licensee and NeoMedia each represents and
warrants that it has full corporate power and authority to enter into this
Agreement and to carry out the transactions contemplated hereby, and that this
Agreement has been duly and validly authorized, executed and delivered by each
of Licensee and NeoMedia, and constitutes the legal, valid and binding
obligation of Licensee and NeoMedia, enforceable against each of them in
accordance with its terms. NeoMedia represents and warrants that it holds United
States Patent Nos. 5,933,829; 5,978,773; and 6,108,656.

4.2 Limitation of Liability. Licensee acknowledges and agrees that NeoMedia, in
its capacity, solely as licensor of the Licensed Patents hereunder, has no
obligation to and will in no way supervise or control (directly or indirectly)
the design, production, marketing, instructions relating to use, notices,
distribution or sales of Licensed Devices and/or any component thereof. NeoMedia
shall have no liability, responsibility or obligation whatsoever, regardless of
the form of action or basis of the claim (whether in contract, tort, including
negligence, or otherwise), with respect to Licensee's customers, potential
customers or any other third parties as a result of the acts, omissions or
activities of Licensee or any other third party in connection with or as a
result of the design, production, marketing, distribution or sales of the
Licensed Devices.

4.3 Indemnification. Licensee hereby agrees to defend, indemnify and hold
NeoMedia, its affiliates and their respective officers, directors, employees and
agents harmless from and against any and all costs, liabilities, obligations,
judgments, fines, penalties, expenses or damages (including reasonable
attorneys' fees and court costs) arising out of or in connection with any claim,
demand or cause of action relating to (a) Licensee's design, manufacture,
distribution, demonstration, advertising, promotion, offering for sale and/or
sale of the Licensed Devices and/or Licensee's customer's use thereof including,
but not limited to, any actual or alleged misuse or infringement of any
trademark, copyright, patent, process, idea, method, device, logo, symbol,
insignia, name, term or material contained therein other than those licensed by
NeoMedia pursuant to the terms and conditions of this Agreement; (b) any actual
or alleged defect(s) of the Licensed Devices; and/or (c) a breach of any
representation or warranty made by Licensee under this Agreement. Licensee shall
have the right to conduct the defense of any such claim or action and all
negotiations for its settlement or compromise using counsel of its own choosing,
subject to the prior approval of NeoMedia; provided, however, that (i) NeoMedia
may fully participate with Licensee's full cooperation in such defense to
protect its own interests, if NeoMedia determines that such participation is
necessary; and (ii) under no circumstances shall Licensee settle or otherwise
compromise any such claim or action without fifteen days (15) prior written
notice of the proposed settlement agreement to NeoMedia. In the event that the
proposed settlement: (i) shall have a material adverse impact on NeoMedia,
NeoMedia shall notify Cross within five (5) days after expiration of the notice
period and Cross shall not settle such matter unless NeoMedia provides its prior
written consent to an acceptable settlement, such consent not to be unreasonably
withheld by NeoMedia; or (ii) shall result in any impact upon NeoMedia's patents
or intellectual property rights, then notwithstanding the terms of the
immediately foregoing subsection (i), NeoMedia shall notify Cross within five
(5) days after expiration of the notice period and Cross shall not settle such
matter unless NeoMedia provides its prior written consent, in NeoMedia's sole
discretion. In either event, NeoMedia agrees to cooperate with Licensee, at
Licensee's expense, and provide copies of any documents or materials reasonably
requested by Licensee in support of its defense of NeoMedia hereunder, unless
otherwise mutually agreed upon in writing.

4.4 Prohibition against use of Trademarks. Except as may be required by law in
Section 6.8 ("Patent Marking") nothing in this Agreement shall be construed as
conferring upon either party any right to include in advertising, packaging or
other commercial activities related to products (and components thereof),
processes, methods, systems, Devices, any reference to the other party, its
trade names, trademarks or service marks in a manner which would be likely to
cause confusion or to indicate that such Devices are in any way certified by the
other party hereto.
<PAGE>

4.5 Press Releases; Confidentiality. Neither NeoMedia nor Licensee shall make
public information that the parties have reached an agreement or regarding the
terms and conditions of the agreement without the review and written consent of
the other party, which shall be provided within three (3) business days of
receipt. Notwithstanding the foregoing, either party may unilaterally make
factually accurate public disclosures as may be required under applicable law
but each party agrees to provide the other with a draft of such disclosure at
least three (3) business days prior to such disclosure. The provisions of
Exhibit A shall be kept confidential by NeoMedia.

SECTION 5 - TERM AND TERMINATION

5.1 Term. This Agreement shall commence on the Date of Execution and shall
continue in full force and effect until the expiration of the last to expire
patent of the Licensed Patents, unless sooner terminated as permitted by this
Agreement.

5.2 Breach. In case of material breach of this Agreement by a party, the other
party shall have the right to terminate this Agreement if such material breach
remains uncured after written notice to the breaching party and sixty (60) days
opportunity to cure the breach to the reasonable satisfaction of the other
party, except that monetary breaches shall be cured within five (5) business
days of notice. Cure periods for monetary breaches shall not be used as a means
to generally extend terms of payment. Any monetary breach that is not cured as
set forth herein shall result in the automatic termination of the license rights
granted herein. Any termination hereunder shall not preclude the ability of the
parties to pursue any other remedies they may have in law or equity.

5.3 Accounting. After any termination or expiration of this Agreement, Licensee
shall render an accounting for all unpaid Royalties pursuant to the license from
the last such report up to the termination date. Such final accounting and
payment shall be made within sixty (60) days after the termination or expiration
date.

5.4 Sums Payable. Termination or expiration of this Agreement shall not excuse
Licensee's obligation to make payments of sums due and payable at the time of
any termination or expiration hereof.

5.5 Minimum Device Sales. Licensee agrees to maintain annual minimum sales of
Devices ("Annual Minimums") in the aggregate amounts set forth on Exhibit A
attached hereto and made a part hereof. In the event Licensee fails to attain
the aggregate of the Annual Minimums, then NeoMedia, at its option, may, but is
not required to, terminate this Agreement.

SECTION 6 - MISCELLANEOUS

6.1 Entire Agreement. This Agreement constitutes the entire agreement and
understanding between the parties as to the subject matter hereof, and
supersedes and replaces all prior or contemporaneous agreements, written or
oral, as to the subject matter. This Agreement may be changed only in a writing
that states that it is an amendment or modification to this Agreement, and is
signed by an authorized representative of each of the parties hereto.

6.2 Unenforceability. Any term or provision of this Agreement which is invalid
or unenforceable or in conflict with the law of any jurisdiction shall, as to
such jurisdiction, be ineffective to the extent of such invalidity or
unenforceability without affecting the validity of the remaining terms and
provisions of this Agreement or affecting the validity or enforceability of any
of the terms and provisions of this Agreement in any other jurisdiction.
Further, the parties agree that an arbitrator or a court of competent
jurisdiction in a particular jurisdiction may reform a specific term of this
Agreement should the applicability of such term or provision be held invalid or
unenforceable in that jurisdiction so as to reflect the intended agreement of
the parties hereto solely with respect to the applicability of such provision in
said jurisdiction.

6.3 Modifications. Neither this Agreement nor any provision hereof may be
released, discharged, waived, abandoned or modified in any manner, except by an
instrument in writing signed on behalf of both of the parties hereto by their
duly authorized officers or representatives.

6.4 Waiver. Any waiver of a default or condition hereof by either party shall
not be deemed a continuing waiver of such default or condition. Any delay or
omission by either party to exercise any right or remedy under this Agreement
shall not be construed to be a waiver of any such right or remedy or any right
hereunder. All of the rights of either party under this Agreement shall be
cumulative and may be exercised separately or concurrently.

6.5 Not a Joint Venture. This Agreement does not constitute a partnership, joint
venture or agency between the parties hereto, nor shall either of the parties
hold itself out as such contrary to the terms hereof by advertising or
otherwise, nor shall either of the parties become bound or become liable because
of any representation, action, or omission of the other.

6.6 Attorney's Fees. In the event of any dispute arising out of a breach of or a
default under this Agreement by one party, the prevailing party shall recover
from the other, in addition to any other damage assessed, its reasonable outside
attorneys' fees and court costs incurred in litigating such dispute. As used in
this Section, a "prevailing party" is defined as the party for which a favorable
judgment is entered on all, or substantially all, of the disputed issues between
the parties, after exhaustion of all appeals.

6.7 Product Marking. Licensee shall provide all products that are Licensed
Devices with product markings or the like appropriate to enable identification
of such products as being Licensed Devices.

6.8 Patent Marking. Licensee shall abide by the provisions of 35 U.S.C. 287
relating to marking of all licensed Devices distributed or provided by it as
soon as practicable after the Date of Execution with the patent numbers
applicable thereto and licensed hereunder, which may be provided in writing from
time to time to Licensee by NeoMedia.

6.9 Headings. The headings of sections and other subdivisions hereof are
inserted only for the purpose of convenient reference and it is recognized that
they may not adequately or accurately describe the contents of the provisions
that they head, such headings shall not be deemed to govern, limit, modify or in
any other manner affect the scope, meaning or intent of the provisions of this
Agreement or any part or portion thereof, nor shall they otherwise be given any
legal effect.

6.10 Grammar. Where the context of this Agreement requires, singular terms shall
be considered plural, and plural terms shall be considered singular.

6.11 Choice of Law. This Agreement shall be governed by, performed under and
construed in accordance with the laws of the State of Florida without giving
effect to the conflicts of law principles thereof. Each party hereto irrevocably
consents to jurisdiction and venue in the United States District Court in and
for the Middle District of Florida, Ft. Myers Division.
<PAGE>

6.12 Assignability. This Agreement may not be assigned by Licensee, or
transferred under operation of law or otherwise by Licensee, without the prior
written consent of NeoMedia, except that this Agreement may be assigned to
Licensee's Affiliate or to any successor to all or substantially all of
Licensee's stock, assets or business operations in the related field, provided
that the assignee of all or substantially all of the assets or business
operations of Licensee in the related field agrees in writing to accept the
terms and conditions of this Agreement, and further provided that if this
Agreement is assigned to Licensee's Affiliate or successor without consent of
NeoMedia, the Licensee shall maintain financial accountability for the
obligations hereunder. This Agreement shall be binding on the successors and
assigns of NeoMedia, and the permitted successors and assigns of Licensee.

6.13 Interpretation. The parties and their attorneys have each had opportunity
to review and comment on this Agreement. Accordingly, the parties agree that the
legal rule construing ambiguity against the drafter shall not apply in
interpreting this Agreement.

6.14 Survival of Terms. The provisions of Sections 3.1, 3.2, 3.3, 4, 5.2, 5.3,
5.4 and 6 shall survive termination of this Agreement.

6.15 Facsimile Signatures and Counterparts. This Agreement may be executed in
counterparts and by facsimile signatures.

6.16 Notification Address. Except as otherwise set forth herein, all notices
given in connection with this Agreement shall be in writing and shall be
delivered either by personal delivery, by certified or registered mail, return
receipt requested, or by express courier or delivery service, addressed to the
attention of the General Counsel and President of the parties at their address
specified herein or at such other address and number as either party shall have
previously designated by written notice given to the other party in the manner
hereinabove set forth. In addition, notices require a copy to be delivered to:

If to NeoMedia:            If to Cross:

Anthony Barkume, Esq.      Elizabeth Myers, Esq.
Greenberg Traurig, LLP     Hinckley, Allen & Snyder
Met Life Building          1500 Fleet Center
200 Park Avenue            Providence, RI 02903
New York, New York 10166
Fax: 212/801-6400          Fax: 401/ 277-9600

         Notices shall be deemed given when received; and when delivered and
receipted for (or upon the date of attempted delivery where delivery is
refused), if hand-delivered, sent by express courier or delivery service, or
sent by certified or registered mail, return receipt requested.
<PAGE>

IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be duly
executed on the day and year last signed below.

NEOMEDIA:                                    LICENSEE:

NEOMEDIA TECHNOLOGIES, INC.                  A.T. CROSS COMPANY

/s/ Charles W. Fritz________________         /s/ David G. Whalen________________

Print Name: Charles W. Fritz                 Print Name: David G. Whalen

Title: CEO                                   Title: President and Chief
                                                    Executive Officer

Date: Jan. 10, 2001                          Date: January 10, 2001

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