Document:

PARADIGM MEDICAL INDUSTRIES, INC.

                              CONSULTING AGREEMENT

                  This CONSULTING  AGREEMENT  ("Agreement")  is made and entered
into  effective  as of this  20th day of June,  2000,  by and  between  PARADIGM
MEDICAL INDUSTRIES, INC. ("Paradigm"), a corporation organized under the laws of
the State of  Delaware,  and MALCOM  REDMAN  ("Consultant"),  a resident  of the
United Kingdom.

                  WHEREAS, pursuant to a Stock Purchase Agreement (the "Purchase
Agreement"),  Paradigm  is  purchasing  from  Consultant  all of the  issued and
outstanding  shares of Ocular  Blood Flow,  Ltd.,  a United  Kingdom  registered
limited company ("OBF"). This Agreement is being executed as of the Closing Date
of said Purchase Agreement (the "Closing Date");

                  WHEREAS, the principal business of OBF is the manufacturer and
sale of a product  known as a tonometer or blood flow  analyzer (the "Blood Flow
Analyzer"); and

                  WHEREAS,   Paradigm   desires  to  obtain  the  assistance  of
Consultant  in effecting a smooth  transition  in the ownership and operation of
OBF's  business  including  the  manufacture,  operation  and sale of Blood Flow
Analyzers,  and Consultant  desires to give such  assistance  upon the terms and
conditions contained in this Agreement.

                  NOW,  THEREFORE,  in consideration of the mutual covenants and
promises contained herein, the parties hereto agree as follows:

                               TERMS OF AGREEMENT

Section 1 -  Consultation Services
----------------------------------

                  1.1 For a period of three (3) years (the "Term") commencing on
the date of this  Agreement,  Consultant  agrees to make himself  available from
time to time as  requested  by  Paradigm  to advise and  consult  with  Paradigm
concerning  any and all aspects of the business  operations of OBF including the
manufacture,  operation and sale of Blood Flow Analyzers.  Consultant  agrees to
provide such  services  for not less than one hundred  (100) days during each of
the three (3) years.

Section 2 - Consulting Fee
--------------------------

                  2.1 In consideration of Consultant's said consulting services,
Paradigm agrees to pay Consultant a consultant fee (the "Consultant Fee") in the
aggregate sum of U.S.  $216,000 for said consulting  services less the following
amounts:

                           (a) The said sum shall be  reduced  by the  amount of
any payment to Consultant of any cash that OBF may have on the Closing Date.

                                        1

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                           (b) The said sum shall be  reduced  by the  amount of
any increase greater than $1,000 in the trade debts of OBF accrued between April
12, 2000 and the Closing Date.

                  2.2 The  Consultant  Fee  shall  be paid in 36  equal  monthly
installments  with the first  installment due 30 days after the Closing Date and
with  subsequent  monthly  installments  due  on the  same  day  of  each  month
thereafter.  Thus, if no reductions are made pursuant to subsections (a) and (b)
of Section 2.1, each monthly installment shall be U.S. $6,000.

Section 3 - Covenant Not to Compete
-----------------------------------

                  3.1  Consultant  hereby  covenants  and agrees that during the
Term of this Agreement and for a period of one (1) year thereafter, he will not,
except as a  director,  officer,  employee or  consultant  of  Paradigm,  or any
subsidiary  or  affiliate  of  Paradigm,  directly or  indirectly  own,  manage,
operate, join, control, or participate in the ownership,  management,  operation
or control of, or be connected  with (as  director,  officer,  employee,  agent,
independent contractor of otherwise) in any other manner with any business which
is the same or  substantially  similar in nature to the  business  engaged in by
Paradigm or by any of its subsidiaries,  including OBF in the State of Utah, and
each of the other  states in the United  States,  and each foreign  country,  in
which  Paradigm  or any of said  subsidiaries  may engage  (whether  directly or
indirectly   through   subsidiaries,    affiliates,    franchisees,   licensees,
representatives,  agents or otherwise) during the Term of this Agreement and for
a period of one (1) year thereafter.

                  3.2  Consultant  shall not,  directly or  indirectly,  employ,
solicit for  employment,  or advise or  recommend  to any other person that they
employ or solicit for employment, any employee of Paradigm (or any subsidiary or
affiliate),  during the Term of this  Agreement and for a period of one (1) year
thereafter;  provided however,  that this Section shall not preclude  Consultant
from giving an  employment  reference at the request of any employee of Paradigm
or at the request of a prospective employer of such employee.

                  3.3 Consultant  shall not,  during the Term of this Agreement,
engage in any  employment,  occupation,  consulting or other  business  activity
directly  related to the  business in which  Paradigm is now involved or becomes
involved  during the Term of this Agreement,  nor will Consultant  engage in any
other activities that conflict with his obligations to Paradigm.

                  3.4 Consultant  understands and acknowledges  that Paradigm is
entering into this Agreement in reliance upon the unique and essential nature of
the personal  services  Consultant is to perform as a consultant of Paradigm and
that  irreparable  injury  would  befall  Paradigm  or its  subsidiaries  should
Consultant  serve a  competitor  of, or  compete,  with  Paradigm  or any of its
subsidiaries.

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                  3.5 Consultant  covenants and agrees that Paradigm's remedy at
law for any  breach  or  violation  of the  provisions  of  this  Section  3 are
inadequate  and that,  in the event of any such  breach or  violation,  Paradigm
shall be entitled to injunctive  relief in addition to any other remedy,  at law
or in equity, to which it may be entitled.

                  3.6 Consultant  specifically  acknowledges and agrees that the
limitation  during the Term of this  Agreement  and for one (1) year  thereafter
upon  his  activities  as  specified  above,   together  with  the  geographical
limitations  set forth above,  are  reasonable  limitations as to time and place
upon  Consultant's  activities  and  that  the  restrictions  are  necessary  to
preserve,  promote and protect the business,  accounts and good-will of Paradigm
and its  subsidiaries  including  OBF and  impose no greater  restraint  than is
reasonably necessary to secure such protection.

                  3.7 In the event that any provision of this Section 3 shall be
held invalid or unenforceable by a court of competent  jurisdiction by reason of
the geographic or business  scope or the duration  thereof,  such  invalidity or
unenforceability  shall  attach only to the scope or duration of such  provision
and shall not affect or render invalid or  unenforceable  any other provision of
this Section 3 and, to the fullest extent permitted by law, this Section 3 shall
be  construed  as if the  geographic  or business  scope or the duration of such
provision  had  been  more  narrowly   drafted  so  as  not  to  be  invalid  or
unenforceable  but  rather  to  provide  the  broadest  protection  to  Paradigm
permitted by law.

Section 4 - Confidential Information Agreement.
-----------------------------------------------

                  4.1 Consultant  agrees that Consultant will keep  confidential
and will not,  during or after the Term of this  Agreement,  disclose,  divulge,
furnish or make  accessible to any person,  firm,  corporation or other business
entity,  any  information,   trade  secrets,  customer  information,   marketing
information,  sales  information,  cost information,  technical data,  know-how,
secret  processes,  discoveries,  methods,  patentable  or  unpatentable  ideas,
formulae,   processing  techniques  or  technical  operations  relating  to  the
business,  business practices,  methods, products,  processes,  equipment or any
confidential  or secret  aspect of the business of Paradigm or its  subsidiaries
including OBF (collectively,  the "Confidential  Information") without the prior
written  consent of Paradigm.  Upon the  termination  of this  Agreement for any
reason, and at any time prior thereto upon request by Paradigm, Consultant shall
return to Paradigm all written records of any Confidential Information, together
with  any and all  copies  of such  records,  in  Consultant's  possession.  Any
Confidential  Information  which  Consultant  may conceive of or make during the
Term of this Agreement shall be and remain the property of Paradigm.  Consultant
agrees promptly to communicate and disclose all such Confidential Information to
Paradigm and to execute and deliver to Paradigm any instruments deemed necessary
by Paradigm to effect disclosure and assignment thereof to it.

                                        3

<PAGE>

Section 5 - Warranties and Representations
------------------------------------------

                  5.1 Each party represents to the other party and warrants that
such  party has all of the  requisite  power and  authority  to enter  into this
Agreement and to perform each and every term, provision,  and obligation of this
Agreement and that neither the execution  nor delivery of this  Agreement  shall
conflict with or result in a breach of the terms, provisions, or obligations of,
or constitute a default  under,  any other  agreement or instrument  under which
such party is obligated.

Section 6 - Assignment
----------------------

                  6.1 This  Agreement  is  personal  to the  Consultant  and the
Consultant shall not have the right to assign or otherwise  transfer in whole or
in part his duties under this Agreement.

                  6.2  Paradigm  shall have the right to assign or  transfer  in
whole or in part its rights and obligations under this Agreement,  provided that
no assignment or transfer by Paradigm shall be deemed effective unless and until
such assignee or  transferee  has agreed in writing to be bound by the terms and
provisions of this Agreement;  in such event, the term "Paradigm" as used herein
shall include such assignee or transferee.

Section 7 -Taxes
----------------

                  7.1  Consultant  is an  independent  contractor  and is not an
employee of Paradigm. Consultant shall be solely responsible for the payment and
discharge of any taxes,  withholdings,  or duties  imposed by any  government or
governmental  agency  relating  to any  Consulting  Fees paid to him under  this
Agreement.  Paradigm  may, at its option,  deduct from the  Consulting  Fees set
forth  in  section  3  of  this  Agreement,  an  amount  equal  to  such  taxes,
withholdings, or duties.

Section 8 - Notices
-------------------

                  8.1 All notices,  demands, and other communications under this
Agreement  shall be in  writing  and shall be  transmitted  by United  States or
United Kingdom  certified or registered mail,  postage prepaid,  or by reputable
private express courier, or by telex or telegram or by facsimile transmission to
the parties at the following locations or facsimile numbers:

                  (a)  In the case of Paradigm:

                           PARADIGM MEDICAL INDUSTRIES, INC.
                           2355 South 1070 West
                           Salt Lake City, UT 84119
                           United States of America
                           Facsimile Number: (801) 575-5006

                                        4

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                  (b) In the case of Consultant:

                           MALCOM REDMAN
                           Ocular Blood Flow, Ltd.
                           Unit 5 Malmesbury Business
                           Park Beuttell Way
                           Malmesbury Wiltshire Sn16 9JU
                           England
                           Facsimile Number: 011 441 666 823763

The parties  hereto may give written notice of change of address and, after such
notice has been  received,  any notice or request  shall  thereafter be given to
such party at the changed address.

Section 9 - Applicable Law
--------------------------

                  9.1 The validity and interpretation of this Agreement shall be
governed by and enforced and  interpreted  under and in accordance with the laws
of Delaware as such law shall from time to time be in effect.

Section 10 - Attorneys Fees
---------------------------

                  10.1 In the event there is a default under this  Agreement and
it  becomes  reasonably  necessary  for any party to employ the  services  of an
attorney,  either to  enforce  or  terminate  this  Agreement,  with or  without
litigation,  the losing party or parties to the  controversy  arising out of the
default shall pay to the successful  party or parties  reasonable  attorneys fee
and, in  addition,  such costs and  expenses as are  incurred in enforcing or in
terminating this Agreement.

Section 11 - Termination
------------------------

                  11.1 Except for  Consultant's  duties under  Sections 3 and 4,
this Agreement  shall terminate when Consulting Fees are no longer payable under
Section 2.

Section 12 - General Provisions
-------------------------------

                  12.1 The parties  hereto have read this Agreement and agree to
be bound by all its terms.  The parties  further agree that this Agreement shall
constitute  the complete and exclusive  statement of the Agreement  between them
and  supercedes  all proposals,  oral or written,  and all other  communications
between them.

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<PAGE>

                  12.2 No agreement changing,  modifying,  amending,  extending,
superceding,  or discharging  this  Agreement or any provisions  hereof shall be
valid unless it is in writing and is signed by a duly authorized  representative
of the party or parties to this Agreement.

                  12.3 The provisions of this  Agreement are  severable,  and in
the event that any  provision  of this  Agreement  shall be held to be  invalid,
illegal,  or unenforceable,  the validity,  legality,  and enforceability of the
remaining provisions shall not in any way be affected or impaired thereby.

                  12.4 The failure of any of the  parties  hereto to enforce any
of the  provisions of this  Agreement or any rights with respect  thereto or the
failure  to  exercise  any  election  provided  for  herein,  shall in no way be
considered a waiver of such provisions, rights or elections or in any way affect
the  validity of this  Agreement.  No term or  provision  hereof shall be deemed
waived and no breach excused,  unless such waiver or consent shall be in writing
and signed by the party claimed to have waived or consented.  The failure by any
of the parties hereto to enforce any of said  provisions,  rights,  or elections
shall not preclude or prejudice  such party from either  enforcing or exercising
the same or any other  provisions,  rights, or elections which it may have under
this  agreement.  Any  consent  by any party to, or waiver  of, a breach of this
Agreement by the other party (whether expressed or implied) shall not constitute
a consent to, a waiver of, or excuse of  different  or  substitute  breach.  All
remedies herein conferred upon any party shall be cumulative and no one shall be
exclusive of any other remedy conferred herein by law or equity.

                  12.5 Paradigm and Consultant,  except as provided herein, each
shall  bear  all  costs  and  expenses  incurred  in the  performance  of  their
respective duties under this Agreement.

                  12.6 This Agreement shall be binding not only upon the parties
hereto,  but also upon,  without limitation  thereto,  their successors,  heirs,
devises,  divisions,  subsidiaries,   officers,  directors,  employees,  agents,
representatives,  and any and all persons or  entities  in privity  with them or
having notice of this Agreement.

                  12.7 There shall be no liability on either party on account of
any loss,  damage,  or delay  occasioned  or caused by  strikes,  riots,  fires,
insurrection, or the elements, embargoes, failure of carriers, acts of God or of
the public enemy,  compliance with any law,  regulation,  or other  governmental
order,  or any other cause  beyond the control of either  party,  whether or not
similar to the foregoing.

                  12.8 Headings used in the Agreement are for reference purposes
only and shall not be deemed a part of this Agreement.

                  12.9  This   Agreement  may  be  executed  in  any  number  of
counterparts,  each of which  shall be  deemed to be an  original,  all of which
constitute one and the same Agreement.

                                        6

<PAGE>

                  IN WITNESS  WHEREOF,  the  parties  hereto  have  caused  this
Agreement to be duly executed as of the date first mentioned above.

PARADIGM:
                                              PARADIGM MEDICAL INDUSTRIES, INC.

                                              By /s/ Thomas F. Motter
                                              -------------------------------
                                              Thomas F. Motter, President and
                                              Chief Executive Officer

CONSULTANT:

                                              /s/ Malcolm Redman
                                              -------------------
                                              Malcolm Redman

                                        7

<PAGE>PARADIGM MEDICAL INDUSTRIES, INC.

                                ROYALTY AGREEMENT

                  This ROYALTY AGREEMENT  ("Agreement") is made and entered into
effective as of this 20th day of June,  2000,  by and between  PARADIGM  MEDICAL
INDUSTRIES,  INC.  ("Paradigm"),  a corporation  organized under the laws of the
State of Delaware, and MALCOM REDMAN  ("Beneficiary"),  a resident of the United
Kingdom.

                  WHEREAS, pursuant to a Stock Purchase Agreement (the "Purchase
Agreement"),  Paradigm  is  purchasing  from  Beneficiary  all of the issued and
outstanding  shares of Ocular  Blood Flow,  Ltd.,  a United  Kingdom  registered
limited  company  ("Ocular"),  and this  Agreement  is being  executed as of the
Closing Date of said Purchase Agreement (the "Closing Date");

                  WHEREAS,  the principal business of Ocular is the manufacturer
and sale of a product known as a tonometer or blood flow  analyzer  ("Blood Flow
Analyzer");

                  WHEREAS,  Ocular owns patents and patent applications covering
the Blood Flow Analyzer in the  countries of the United  States of America,  the
United Kingdom,  and the European Economic Community (the "Protected  Countries"
and the "Patents", respectively); and

                  WHEREAS,  the  parties  have  agreed  that  Beneficiary  shall
receive  royalties in respect to the sale of Blood Flow Analyzers by Paradigm or
its subsidiaries, affiliated companies or licensees in accordance with the terms
and provisions of this Agreement.

                  NOW,  THEREFORE,  in consideration of the mutual covenants and
promises contained herein, the parties hereto agree as follows:

                               TERMS OF AGREEMENT

Section 1 -  Royalty
--------------------

                  1.1 In  consideration  of  the  Purchase  Agreement,  Paradigm
agrees to pay to Beneficiary  during the Term (as defined in Section 9.1 hereof)
of this  Agreement  a Royalty  of ten  percent  (10%) of Net Sales of Blood Flow
Analyzers,  including work station units, sold by Paradigm (or its subsidiaries,
affiliated companies, or licensees).

                  1.2 Blood Flow  Analyser is the term most commonly used in the
United  States of  America.  Outside  of the USA a Blood Flow  Analyser  is most
commonly  known as an OBF  Tomometer.  A Blood Flow Analyser "work station unit"
comprises a keratometer type base unit on which is mounted an integrated unit of
probe holder and fixation mirror.

                  1.3 For purposes of this Agreement, "Net Sales" shall mean the
gross amount  collected by Paradigm from purchasers of Blood Flow Analyzers less

                                        1

<PAGE>

any amounts  rebated or refunded  to the  purchasers.  In the event a Blood Flow
Analyzer is sold  separately  for less than  $6,000,  the amount  which shall be
included  in Net Sales in respect to such Blood Flow  Analyzer  for  purposes of
computing Royalties under Section 1.1 shall be U.S. $6,000. In the event a Blood
Flow Analyzer is not sold  separately but is sold as part of a sale of a package
including other instruments and/or accessories (the "Package"),  then the amount
which shall be included in Net Sales in respect to such Blood Flow  Analyzer for
purposes of computing  Royalties  under  Section 1.1 shall be the greater of (i)
the portion of the sales price, if any, specifically allocated to the Blood Flow
Analyzer in the Package sale, or (ii) U.S. $6,000. In no event,  however,  shall
the Royalty payable in respect to the sale of a Blood Flow Analyzer be less than
U.S. $600.

                  1.4 Royalties shall be payable on a calendar  quarterly basis.
Within thirty (30) days following the close of each calendar  quarter,  Paradigm
shall  provide to  Beneficiary a written  report  setting forth the Net Sales of
Blood Flow Analyzers that Paradigm collected during said quarter. Payment of the
Royalties, if any, for said calendar quarter shall accompany such report.

                  1.5  Paradigm  shall keep and  maintain  complete and accurate
records of the  transactions  underlying the reports to be furnished  hereunder.
All books of accounts and records  shall be kept  available for at least two (2)
years from the date of the  report to which they  relate.  Beneficiary  may,  at
Beneficiary's  expense  and on  ninety  (90)  days'  advance  written  notice to
Paradigm,  conduct an annual audit of  Paradigm's  books of accounts and records
relating to the reports to be furnished hereunder. Such audit shall be conducted
during regular  business hours at a mutually  agreeable time and place and shall
not materially interfere with the conduct of Paradigm's business. The rights and
obligations  of the  parties  pursuant  to this  Section  1.5 shall  survive the
expiration of this Agreement or the termination of this Agreement.

Section 2 - New Developments.
-----------------------------

                  2.1 Paradigm  agrees to furnish to Beneficiary  twelve (12) of
the latest model Blood Flow Analyzers each year for the five (5) years following
the date of this  Agreement with the first group of 12 units to be delivered one
year from the Closing Date. Beneficiary agrees to use the units for research and
sales  support/promotion  services  but  not  for  resale.  As  a  condition  to
Paradigm's  obligation to furnish said Blood Flow Analyzers,  Beneficiary  shall
provide the following information to Paradigm:  (a) Prior to the delivery of the
first group of 12 units, Beneficiary shall give Paradigm a detailed written plan
of the uses to which he  intends to put such  units,  and (b) at the end of each
subsequent  year,  Beneficiary  shall give Paradigm a detailed written report of
the uses to which units were put during the preceding year including the results
of research and shall give a detailed written plan for the next year of the uses
to which he  intends  to put  previously  delivered  units  and the  units to be
delivered at that time.

                  2.2  Paradigm  (or  its  subsidiary,  Ocular)  shall  own  all
modifications, improvements and developments to the Blood Flow Analyzers whether

                                        2

<PAGE>

made by Beneficiary  or by Paradigm or whether made by them jointly,  subject to
the  duty  to pay  Royalties  in  respect  to Net  Sales  generated  from  sales
incorporating  such  modifications,  improvements and developments.  The parties
agree to perform  such acts and  execute  such  documents  as may be required to
achieve the intent of this Section 2.2.

Section 3 - Warranties and Representations
------------------------------------------

                  3.1 Each party represents to the other party and warrants that
such  party has all of the  requisite  power and  authority  to enter  into this
Agreement and to perform each and every term, provision,  and obligation of this
Agreement and that neither the execution  nor delivery of this  Agreement  shall
conflict with or result in a breach of the terms, provisions, or obligations of,
or constitute a default  under,  any other  agreement or instrument  under which
such party is obligated.

Section 4 - Protection of Beneficiary
-------------------------------------

                  4.1  Paradigm  agrees to use its best  efforts  to market  the
Blood Flow Analyzers on a profitable basis.

                  4.2  Paradigm  shall  use its best  efforts  to  maintain  the
Patents in the Protected Countries for the maximum time available and shall seek
patent  protection  for Blood  Flow  Analyzers  in other  countries  where  such
protection is available and it is commercially expedient to do so.

                  4.3  Any  sale,  assignment,  encumbrance,  license  or  other
disposition  by Paradigm of its  interest  in this  Agreement  or in the Patents
shall be subject to the rights of Redman under this Agreement including, but not
limited to, his right to receive royalties pursuant to the terms of Section 1.1,
and  Paradigm  agrees to obtain the  written  agreement  of the person or entity
receiving  such  disposition  that they are assuming and agreeing to be bound by
the provisions of this Agreement.

Section 5 -Taxes
----------------

                  5.1  Beneficiary  shall be solely  responsible for the payment
and discharge of any taxes, withholdings, or duties imposed by any government or
governmental  agency relating to any Royalties paid to him under this Agreement.
Paradigm may, at its option, deduct from the Royalties set forth in Section 1 of
this Agreement, an amount equal to such taxes, withholdings, or duties.

                                        3

<PAGE>

Section 6 - Notices
-------------------

                  6.1 All notices,  demands, and other communications under this
Agreement  shall be in  writing  and shall be  transmitted  by United  States or
United Kingdom  certified or registered mail,  postage prepaid,  or by reputable
private express courier, or by telex or telegram or by facsimile transmission to
the parties at the following locations or facsimile numbers:

                  (a)  In the case of Paradigm:

                           PARADIGM MEDICAL INDUSTRIES, INC.
                           2355 South 1070 West
                           Salt Lake City, UT 84119
                           USA
                           Facsimile Number: (801) 575-5006

                  (b) In the case of Beneficiary:

                           MALCOM REDMAN
                           Ocular Blood Flow, Ltd.
                           Unit 5 Malmesbury Business
                           Park Beuttell Way, Malmesbury
                           Malmesbury Wiltshire Sn16 9JU
                           England
                           Facsimile Number: 011 441 666 823 763

The parties  hereto may give written notice of change of address and, after such
notice has been  received,  any notice or request  shall  thereafter be given to
such party at the changed address.

Section 7 - Applicable Law
--------------------------

                  7.1 The validity and interpretation of this Agreement shall be
governed by and enforced and  interpreted  under and in accordance with the laws
of Utah as such law shall from time to time be in effect.

Section 8 - Attorneys Fees
--------------------------

                  8.1 In the event there is a default  under this  Agreement and
it  becomes  reasonably  necessary  for any party to employ the  services  of an
attorney,  either to  enforce  or  terminate  this  Agreement,  with or  without
litigation, the losing  party  or parties to  the controversy arising out of the

                                        4

<PAGE>

default shall pay to the successful  party or parties  reasonable  attorneys fee
and, in  addition,  such costs and  expenses as are  incurred in enforcing or in
terminating this Agreement.

Section 9 - Term
----------------

                  9.1 This  Agreement  shall  remain in  effect  for a period of
twenty (20) years from the Closing Date. At the end of the Term,  this Agreement
shall  terminate  and no  Royalties  shall be  payable  in  respect to Net Sales
realized after such termination.

Section 10 - General Provisions
-------------------------------

                  10.1 The parties  hereto have read this Agreement and agree to
be bound by all its terms.  The parties  further agree that this Agreement shall
constitute  the complete and exclusive  statement of the Agreement  between them
and  supercedes  all proposals,  oral or written,  and all other  communications
between them.

                  10.2 No agreement changing,  modifying,  amending,  extending,
superceding,  or discharging  this  Agreement or any provisions  hereof shall be
valid unless it is in writing and is signed by a duly authorized  representative
of the party or parties to this Agreement.

                  10.3 The provisions of this  Agreement are  severable,  and in
the event that any  provision  of this  Agreement  shall be held to be  invalid,
illegal,  or unenforceable,  the validity,  legality,  and enforceability of the
remaining provisions shall not in any way be affected or impaired thereby.

                  10.4 The failure of any of the  parties  hereto to enforce any
of the  provisions of this  Agreement or any rights with respect  thereto or the
failure  to  exercise  any  election  provided  for  herein,  shall in no way be
considered a waiver of such provisions, rights or elections or in any way affect
the  validity of this  Agreement.  No term or  provision  hereof shall be deemed
waived and no breach excused,  unless such waiver or consent shall be in writing
and signed by the party claimed to have waived or consented.  The failure by any
of the parties hereto to enforce any of said  provisions,  rights,  or elections
shall not preclude or prejudice  such party from either  enforcing or exercising
the same or any other  provisions,  rights, or elections which it may have under
this  agreement.  Any  consent  by any party to, or waiver  of, a breach of this
Agreement by the other party (whether expressed or implied) shall not constitute
a consent to, a waiver of, or excuse of  different  or  substitute  breach.  All
remedies herein conferred upon any party shall be cumulative and no one shall be
exclusive of any other remedy conferred herein by law or equity.

                  10.5 Paradigm and Beneficiary, except as provided herein, each
shall  bear  all  costs  and  expenses  incurred  in the  performance  of  their
respective duties under this Agreement.

                                        5

<PAGE>

                  10.6 This Agreement shall be binding not only upon the parties
hereto, but also upon, without limitation thereto, their heirs, successors,  and
assigns.

                  10.7 There shall be no liability on either party on account of
any loss,  damage,  or delay  occasioned  or caused by  strikes,  riots,  fires,
insurrection, or the elements, embargoes, failure of carriers, acts of God or of
the public enemy,  compliance with any law,  regulation,  or other  governmental
order,  or any other cause  beyond the control of either  party,  whether or not
similar to the foregoing.

                  10.8 Headings used in the Agreement are for reference purposes
only and shall not be deemed a part of this Agreement.

                  10.9  This   Agreement  may  be  executed  in  any  number  of
counterparts,  each of which  shall be  deemed to be an  original,  all of which
constitute one and the same Agreement.

                  IN WITNESS  WHEREOF,  the  parties  hereto  have  caused  this
Agreement to be duly executed as of the date first mentioned above.

PARADIGM:
                                              PARADIGM MEDICAL INDUSTRIES, INC.

                                              By:_______________________________
                                              Thomas F. Motter, President and
                                              Chief Executive Officer

BENEFICIARY:

                                              ----------------------------------
                                              Malcolm Redman

                                        6

<PAGE>

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