Document:

Exhibit 10.6

                     CONVERTIBLE REVOLVING CREDIT AGREEMENT

$750,000                                                        January 31, 2002

Quick-Med Technologies, Inc., a Delaware corporation ("QMT"), promises to pay to
Michael Granito ("Lender") or order, at 30 East 37th Street, New York, New York
10016 or such other address as may be designated by Lender in writing from time
to time such sum that has been advanced to QMT by Lender (the "Principal
Amount"), plus interest thereon at the rate hereafter set forth. This Agreement
supercedes and shall govern the $565,000 Principal Amount currently owed to
Lender by QMT.

1.   Lender agrees to make up to $750,000 available to QMT on QMT's demand. In
     order to borrow under this Agreement, QMT shall give Lender at least five
     business days' written notice of the desired borrowing amount.

2.   Interest shall accrue on the unpaid Principal Amount of this Agreement from
     the date hereof until the Principal Amount is repaid in full, at an
     interest rate equal to six percent (6%) per annum. All computations of the
     interest rate hereunder shall be made on the basis of a year of 365 days on
     the actual number of days (including the first day but excluding the last
     day) any Principal Amount is outstanding.

3.   The Principal Amount and all interest thereon shall be paid to Lender on or
     before December 31, 2002 (the "Maturity Date") or at such other time and
     manner as the parties hereto agree, in writing.

4.   If the Principal Amount is not repaid at the Maturity Date, Lender shall
     have the option to convert the Principal Amount, together with accrued but
     unpaid interest, at any time or from time to time, in whole or in part,
     into QMT Common Stock at a rate equal to $1.00 per share, subject to
     adjustment in the case of stock splits and other recapitalizations.

5.   Lender shall keep a record of the amount and the date of the making of each
     advance pursuant to this Agreement and each payment of principal with
     respect thereto by endorsing such information on the schedule annexed
     hereto and made a part hereof. Lender shall promptly provide to QMT a copy
     of each newly endorsed modification to the schedule.

6.   Both principal and interest are payable in lawful money of the United
     States of America to the account of Lender by wire transfer of same day
     funds to the account of Lender at such banking institution as Lender
     designates or, if requested by Lender, by certified or bank cashier's check
     payable to Lender mailed to Lender at the address of Lender as set forth on
     the records of QMT or such other address as shall be designated in writing
     by Lender to QMT.

7.   If any of the following conditions or events ("Events of Default") shall
     occur (whether voluntary or involuntary or arising by operation of law or
     otherwise):

<PAGE>

     (a)  QMT shall default in the payment of any principal or interest under
          this Agreement, or any note given in connection with the transaction
          contemplated hereby;

     (b)  QMT (i) files, or consents by answer (or failure to contest) or
          otherwise to the filing against it of, a petition for relief or
          reorganization or arrangement of any other petition in bankruptcy, for
          liquidation or dissolution or to take advantage of any present or
          future bankruptcy or insolvency law of any jurisdiction, (ii) make an
          assignment for the benefit of its creditors, (iii) seek or consent to
          the appointment of a custodian, receiver, trustee, liquidator or other
          officer with similar powers of itself or of any substantial part of
          its property, (iv) be adjudicated a bankrupt or an insolvent or be
          liquidated or dissolved, or (v) take corporate action for the purpose
          of any of the foregoing; then, the unpaid principal amount of this
          Agreement, together with the interest accrued thereon as well as any
          unpaid principal and accrued interest on any note given in connection
          herewith and shall automatically become and be due and payable,
          without presentment, demand, protest, notice or other requirements of
          any kind, all of which are hereby expressly waived by QMT.

8.   If any Event of Default shall have occurred and be continuing for a period
     of twenty (20) days, the Lender may proceed to protect and enforce the
     rights available to it either by an action at law, suit in equity or both,
     whether for the specific performance of any agreement contained in this
     Agreement, or for an injunction against a violation of any of the terms
     hereof, or in aid of the exercise of any power granted hereby or by law or
     otherwise. QMT will pay the Lender all such further amounts to cover the
     cost and expenses of collection including, without limitation, reasonable
     attorneys' fees, expenses and disbursements.

9.   QMT hereby (i) agrees to perform and comply with each of the terms,
     covenants and provisions contained in this Agreement, (ii) waives
     presentment and demand for payment, notice of dishonor, protest and notice
     of protest, and (iii) agrees to pay all of Lender costs of collection when
     incurred, including reasonable attorneys' fees and expenses.

10.  This Agreement is subject to the express condition that at no time shall
     QMT be obligated or required to pay interest on the principal balance at a
     rate which could subject Lender to either civil or criminal liability as a
     result of being in excess of the maximum rate which QMT is permitted by law
     to contract or agree to pay. If by the terms of this Agreement QMT is at
     any time required or obligated to pay interest on the principal balance at
     a rate in excess of such maximum rate, the interest rate due hereunder
     shall be immediately reduced to such maximum rate and interest payments in
     excess of such maximum rate shall be applied and shall be deemed to have
     been payments in reduction of the principal balance.

11.  The amounts due under or pursuant to this Agreement may be prepaid in whole
     or in part without penalty or premium.

12.  This Agreement may not be changed or terminated orally, but only by an
     agreement in writing signed by the party against whom enforcement of such
     change or termination is sought.

13.  QMT represents that the obligations and debt referred to in this Agreement
     are valid, binding and enforceable against it.

<PAGE>

14.  This Agreement shall be governed by and construed under the laws of the
     State of Florida.

     QMT and Lender have duly executed this Revolving Credit Agreement on the
day and year set forth above.

Quick-Med Technologies, Inc.

By: /s/ David S. Lerner                       /s/ Michael Granito
-----------------------------------           ----------------------------------
David Lerner, President                       Michael Granito

<PAGE>

                        LOANS AND REPAYMENT OF PRINCIPAL

Date      Amount of Loan      Amount of Principal Repaid      Notation Made By
----      --------------      --------------------------      ----------------Prepared by R.R. Donnelley Financial -- Offer of Employment for Michael L. Luetkemeyer

  
 Exhibit 10.15 
  
 Private and Confidential 
  
 October 1, 2001 
  
 Mike Luetkemeyer 
 22 E. Riverside Drive 
 Jupiter, Florida 33469 
  
 Dear Mike: 
  
 On behalf of the management team and Greg Brown, we are pleased to
extend this offer of employment to you. 
  

	 	1.
	 
	Your position title will be Senior Vice President of Micromuse Inc. (“Micromuse” or “Company”). You will report to Greg Brown. 

  

	 	2.
	 
	Your start date will be October 1, 2001. No later than 24 October the Board will appoint you to the position of Chief Financial Officer and name you as the principal accounting
officer of the Company. 
 

  

	 	3.
	 
	You will be paid a base salary of $10,416.67 semi-monthly, the equivalent of $250,000.00 per annum. Additionally, you are offered the opportunity of earning $175,000.00 per
annum in bonus compensation, of which the first year is guaranteed, thus furthering your earning potential to $425,000.00. Bonuses will be paid per quarter based on Micromuse evaluation of individual and Company performance and are paid a month in
arrears of quarter end. If the Company terminates your employment or in the event of a change of control as defined in the Company’s shareholder approved stock option plan (“Plan”), you shall be guaranteed to receive your base salary
and pro rated target bonus for the year following such termination or change of control, provided you are not terminated for good cause (e.g., conviction of, or a pleas of nolo contendere with respect to, a crime involving moral turpitude or a
felony; refusal to perform, or gross negligence in the performance of your duties to the Company; or an act of willful misfeasance by you that is intended to result in substantial personal enrichment at the expense of the Company or its subsidiaries
or successor in interest) by the Company or its successor in interest. 
 

  
 Additionally, you are eligible for
relocation package assistance on your planned move to the San Francisco area. Enclosed for your review is a copy of our enhanced Domestic Relocation Policy. 
  

	 	4.
	 
	A performance evaluation will be scheduled approximately twelve (12) months from your date of hire. At the discretion of the manager, a performance evaluation may be conducted
six months from the date of hire. 
 

  

	 	5.
	 
	Stock Options: Subject to approval of the Board, you will receive a non-qualified option grant to purchase 400,000 shares of the Common Stock of Micromuse Inc. at the fair
market value
 
 

 

 1 

	 	
of the stock (the closing price) on the later of your starting date or the date approved by the Board soon after your starting date (the “Vesting Commencement Date”). 

  
 Of these option shares, 133,333 (one third (33 1/3%) are scheduled to vest on the nine month anniversary of the option
grant date and the remainder of the option shares are scheduled vest in equal monthly installments over the following 27 months, subject to the terms of the applicable Option Plan documents and agreement and provided that you remain an employee of
Micromuse. 
  
 In the event of a change of control of Micromuse as defined in the Plan documents, you will be entitled to
accelerated vesting of unvested option shares as follows: (a) if the change of control occurs during the first nine (9) months of your employment, you will vest in 133,333 (1/3) of the 400,000 option shares, and (b) if the change of control occurs
after the first nine months of your employment, then you shall vest in fifty percent (50%) of the option shares that are unvested at the time such change of control closes. The foregoing option acceleration is conditioned upon you being a regular,
full-time employee in good standing at that time of the close of such change of control and that within one year of such change of control your employment is terminated or your duties are substantially decreased by Micromuse or by any successor
entity. 
  

	 	6.
	 
	Employee benefits, effective the first of the month following your date of hire, include the following, which are subject to change by Micromuse over time: 

  

	 	•
	 
	Group health insurance (medical, dental, vision, EAP) that is fully paid by the Company; 
 

	 	•
	 
	Long term disability insurance, paid by the Company 
 

	 	•
	 
	Life insurance and AD&D, equivalent one times your annual base salary, paid by the Company; 
 

	 	•
	 
	Flexible Spending Account (pretax dollars for medical and dependent care expenses); 
 

	 	•
	 
	401(k) Plan, up to maximum of $10,500 per year (for year 2000). 
 

	 	•
	 
	10 Holidays per year 
 

	 	•
	 
	Up to 6 days paid time off for sick or personal business 
 

  

	 	7.
	 
	You may participate in the Employee Stock Purchase Plan (ESPP) on either of the two entry dates of February 1 or August 1 and may elect contributions of up to 15% base pay.

 

  

	 	8.
	 
	You are required to work exclusively for Micromuse Inc. and its subsidiaries and affiliates and to accept the confidential and proprietary nature of our business. A condition
of your employment is that you sign and follow the terms of the enclosed Proprietary Information, Inventions, and Non-Solicitation Agreement. 
 

  

	 	9.
	 
	As an exempt employee, you will not be eligible for overtime pay. It is expected that you will adapt your schedule to your level of responsibilities and the expectations of the
Company and your customers. 
 

  

	 	10.
	 
	Normal business expenses incurred in the execution of your duties will be reimbursed in accordance with the Company’s policies and procedures. 

  

	 	11.
	 
	Micomuse reserves the right to rescind this offer or terminate employment upon receipt of unsatisfactory background check information. 
 

 
 You will indicate your acceptance of this offer by agreeing to, signing and returning the following: 
  

	 	a.
	 
	this offer letter, and 
 

 

 2 

	 	b.
	 
	the enclosed Proprietary Information, Inventions, and Non-solicitation Agreement; 
 

	 	c.
	 
	the Micromuse Application Form and accompanying forms; 
 

	 	d.
	 
	the Receipt and Acknowledgment of Policies and Employment At Will Agreement. 
 

  
 If you have any questions regarding this offer letter, please feel free to contact Jim De Golia at 415.817.1086/415.819.8026 or Greg Brown at 917.376.7727 
  

We look forward to welcoming you to Micromuse. 
  
 Sincerely, 
  
 Frank Sole 
 Director of Staffing & Employee Relations 
 Human
Resources 
  
 Enclosures 
 

 3

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00033-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00033-of-00352.parquet"}]]