Document:

EXHIBIT 10.1(g)

                           MEMORANDUM OF UNDERSTANDING

      THIS MEMORANDUM OF UNDERSTANDING, dated May 23, 2000, by and among DANIEL
THRALOW ("Thralow"), an individual having an address at 216 West 6th Street,
Duluth, Minnesota 55806, EYECITY.COM, INC. (formerly Ergovision, Inc.)
("EyeCity"), a Delaware corporation, having an address at 79 Express Street,
Plainview, New York 11803, and PEEPERS INC., a Delaware corporation and
wholly-owned subsidiary of EyeCity ("Peepers").

            WHEREAS, Thralow and EyeCity are parties to an Employment Agreement,
      dated as of May 7, 1999 (the "Employment Agreement"), and EyeCity,
      Peepers, Thralow and Peepers Sunglasses and Accessories, Inc. are parties
      to an Agreement and Plan of Merger, dated as of May 7, 1999 (the "Merger
      Agreement");

            WHEREAS, pursuant to the Merger Agreement, EyeCity, as Maker, has
      delivered to Thralow, as Holder, the Secured Promissory Note and Security
      Agreement, dated May 7, 1999, as amended (the "Note"), in the original
      principal amount of $875,000, and having a current principal balance
      outstanding as of the date hereof of $850,000; and

            WHEREAS, Thralow and EyeCity (i) have agreed to extend the term of
      the Note and provide for principal prepayments and interest payments
      thereunder, (ii) have mutually agreed to terminate the Employment
      Agreement as provided herein, (iii) have agreed that Thralow shall act as
      a non-exclusive consultant to EyeCity as provided herein, and (iv) have
      agreed to the other terms and conditions set forth below.

      NOW, THEREFORE, in consideration of the mutual promises, agreements and
premises set forth herein, it is hereby agreed as follows:

      1. Thralow and EyeCity hereby agree that the "Maturity Date" of the Note
(as defined therein) is hereby amended and extended to May 23, 2002. The Note
shall remain secured by the "Pledged Collateral" described and as defined in the
Note. Interest shall accrue on the outstanding principal amount of the Note
until paid in full at the rate of 7% per annum. Interest under the Note shall
begin to accrue on May 23, 2000 and shall be payable (x) as to the first six
months accrued interest, on December 26, 2000 in cash or common stock of EyeCity
(such stock to be valued based on the average public trading price of EyeCity's
common stock for the 30 days ending on the second business day prior to the
payment date) at EyeCity's option and (y) monthly thereafter in cash on the 23rd
day of each month (or the next business day following such date if such date is
not a business day). EyeCity shall make principal prepayments under the Note in
the amounts of (x) $25,000 on July 15, 2000, (y) $150,000 on August 31, 2001,
and (z) 5% of the first $2,000,000 of gross proceeds, and 10% of all gross
proceeds above $2,000,000, raised by EyeCity in a financing transaction or
series of related financing transactions, in each case within seven (7) days of
the closing thereof. EyeCity will provide monthly financial reporting on all
financing transactions done the prior month, consistent with regular reporting
provided to senior management of EyeCity. All other terms of the Note remain

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in full force and effect.

      2. (a) The Employment Agreement is hereby terminated as of the date hereof
without liability to any party and neither party shall have any further
obligations thereunder, all of which are hereby released by the parties.

         (b) Upon request of any underwriter or financing source providing funds
to EyeCity, Thralow shall enter into a standard "lock up" agreement for a period
of up to 180 days, provided, and to the extent, the other executive officers
and/or more than 5% shareholders of EyeCity are also required to deliver such
lock up agreements, as certified to Thralow by an officer of Eyecity.

         (c) Thralow hereby agrees to vote his shares of common stock of EyeCity
in accordance with the vote of, and pursuant to the instruction of the Board of
Directors of EyeCity with respect to (i) any sale of all or substantially all of
the assets of EyeCity, if approved by the Board of Directors of EyeCity or (ii)
any merger or similar sale of stock of EyeCity in which EyeCity is not the
surviving entity and/or the shareholders of EyeCity before such transaction do
not control at least a majority of the voting stock of the surviving entity
after such transaction, if approved by the Board of Directors of EyeCity.

         (d) Thralow hereby agrees that for a period commencing on the date
hereof and ending upon payment in full of the Note, he shall not,

            (i) become a "participant" in a "solicitation" of proxies, as those
         terms are defined in Rule 14a-11 and Rule 14a-1, respectively, of
         Regulation 14A under the Exchange Act, to vote, or seek to advise or
         influence any person, in respect of any voting securities of EyeCity
         that may be outstanding and entitled to vote at any time during such
         period, except in respect of this Transaction;

            (ii) form, join or in any way participate in any "group" (as such
         term is defined in Section 13(d)(3) of the Exchange Act) for the
         purpose of voting, purchasing or disposing of any securities of
         EyeCity;

            (iii) deposit any securities of EyeCity in a voting trust or subject
         them to a voting agreement or other arrangement or similar effect;

            (iv) in any manner acquire or agree, offer, seek or propose to
         acquire or make any proposal to acquire ownership (including, without
         limitation, "beneficial" ownership, as defined by Rule 13d-3
         promulgated under the Exchange Act) of any of the assets or businesses
         of, or any securities of, or any securities issued by, EyeCity or any
         rights or options to acquire such ownership (including from a third
         party);

            (v) seek or propose to influence or control the management, Board of
         Directors or policies of EyeCity; or

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            (vi) enter into any discussion, proposal, negotiation, arrangement
      or understanding with any third party in respect of any of the foregoing.

         (e) Thralow hereby resigns effective May 22, 2000 as an officer and
director of EyeCity and/or of any of its subsidiaries, including, without
limitation, Peepers.

      3. (a) Thralow is hereby engaged for a period commencing May 23, 2000 and
ending May 23, 2002 as a non-exclusive consultant to provide EyeCity with advice
and consulting services regarding the optical, eyewear, eyecare, and optical
accessories business on an "as-needed" basis. Thralow shall receive a consulting
fee of $50,000 per annum for such consulting services (whether or not such
services actually are requested by EyeCity), payable in monthly installments. In
addition, Thralow will receive under this consulting arrangement an additional
$20,000 (reflecting deferred salary under the Employment Agreement) in monthly
installments during the term of the consulting arrangement. Thralow shall be
reimbursed for all reasonable out-of-pocket expenses incurred in connection with
such consulting services upon presentation of reasonable documentation
therefore.

         (b) Upon payment in full of the Note, the $50,000 per annum fees for
the aforementioned consulting services shall be reduced to $25,000 per annum.

      4. The Company shall immediately assign to Thralow ownership and title of
the domain name "pans.com"; provided, hereunder, that Thralow shall not use such
domain name to compete with the Company, including, without limitation, in
connection with the eyewear, eyecare and optical and optical accessories
business conducted by the Company. Thralow shall immediately assign to the
Company ownership and title of the domain name "binocular.com".

      5. In connection with any future settlement of the lawsuit pending between
EyeCity and American Eyewear, Inc. with respect to the "Peepers" trademark,
Thralow shall contribute to EyeCity half the number of shares of common stock
that may be delivered by the Company in connection with settlement of such
litigation, up to an aggregate of 100,000 shares to be contributed by Thralow.

      6. Concurrently with the execution hereof, the parties have entered into
the Mutual General Release attached as Annex A hereto.

      7. Binding Agreement. This Memorandum of Understanding, the Note and the
Merger Agreement (each as modified hereby) sets forth the parties' complete
agreement with respect to the subject matter hereof and supersedes all prior or
contemporaneous agreements or understandings, written or oral, with respect
thereto. The parties intend to be bound hereby and to operate pursuant hereto
unless the parties later determine to enter into more detailed documentation, if
applicable (there being no obligation to do so). The terms of this Memorandum of
Understanding and all proprietary information of each of the parties is
confidential and may not be disclosed except pursuant to applicable securities
laws. This Memorandum of Understanding may not be amended or modified except by
a written instrument signed by the parties hereto.

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      8. Counterparts. This Agreement and all other agreements referred to
herein may be executed in one or more counterparts, each of which shall for all
purposes be deemed to be an original and all of which shall constitute the same
instrument, but only one of which need be produced.

      9. Applicable Law. This Memorandum of Understanding and any other
agreement entered into in connection herewith shall be governed by, and
construed under and in accordance with, the laws of the State of New York
applicable to contracts made and wholly to be performed therein by residents
thereof, without giving effect to the conflict of laws principles thereof. All
actions or proceedings seeking the interpretation and/or enforcement of this
agreement shall be brought only in the state or federal courts located in New
York County, all parties hereby submitting themselves to the jurisdiction of
such courts for such purpose. Any process in any action or proceeding commenced
in the courts of the State of New York arising out of any claim, dispute or
disagreement, may, among other methods be served upon any party by delivering or
mailing the same, via registered or certified mail, addressed to such party at
the address set forth above. Any such delivery or mail service shall be deemed
to have the same force and effect as personal service within the State of New
York, New York county.

      IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be
executed as of the day and year first above written.

                                    EYECITY.COM, INC.

                                    BY:  /s/ Mark H. Levin
                                         --------------------------------------
                                         Name:  Mark H. Levin
                                         Title: President and CEO

                                    /s/ Daniel Thralow
                                    -------------------------------------------
                                    DANIEL THRALOW

                                    PEEPERS, INC.

                                    BY:  /s/ Mark H. Levin
                                         --------------------------------------
                                         Name:  Mark H. Levin
                                         Title: President and CEO

                                       4EXHIBIT 10.1(h)

                           MEMORANDUM OF UNDERSTANDING

      THIS MEMORANDUM OF UNDERSTANDING, dated as of January 12, 2001 by and
among DANIEL THRALOW ("Thralow") an individual having an address at 216 West 6th
Street, Duluth, MN 55806, and EYECITY.COM, INC. ("EyeCity"), a Delaware
corporation, having an address at 79 Express Street, Plainview, New York 11803.

      WHEREAS, Thralow and EyeCity are parties to a Memorandum of Understanding,
dated as of May 23, 2000 (the "Memorandum Agreement"), and EyeCity, Peepers,
Inc., Thralow and Peepers Sunglasses and Accessories, Inc. are parties to an
Agreement and Plan of Merger, dated as of May 7, 1999 (the "Merger Agreement");
and

      WHEREAS, pursuant to the Merger Agreement, EyeCity, as Maker, has
delivered to Thralow, as Holder, the Secured Promissory Note and Security
Agreement, dated May 7, 1999, as amended (the "Note"), in the original principal
amount of $875,000, and having a current principal balance outstanding of
$724,750 and interest of $34,633 as of the close of business on January 12, 2001
("Closing Date"); and

      WHEREAS, pursuant to the Memorandum Agreement there is a current balance
outstanding as of the Closing Date of $45,161.24 for the non-exclusive
consultant services provided to EyeCity by Thralow ("Consultant Agreement");

      WHEREAS, pursuant to an Employment Agreement dated as of May 7, 1999 and
terminated on May 23, 2000 there is a current balance as of the Closing Date of
$7,923.12 due and payable to Thralow; and

      WHEREAS, Thralow and EyeCity (i) have agreed to compromise, settle and
cancel the Note and principal and interest due thereunder, the balances due
under the Consultant Agreement and Employment Agreement, and any other
obligations due in the aggregate amount of $812,467.36 (collectively the
"Indebtedness") and (ii) have agreed to the other terms and conditions set forth
below.

      NOW, THEREFORE, in consideration of the mutual promises, agreements and
premises set forth herein, it is hereby agreed as follows:

      1. Thralow and EyeCity hereby agree to compromise, settle and cancel the
Indebtedness in the amount of $812,467.36 as of the Closing Date, consisting of
the Note, and the principal balance of $724,750 and interest of $34,633 due
thereunder; and the balances due under the Consultant Agreement in the amount of
$45,161.24; and the Employment Agreement in the amount of $7,923.12, for the
following consideration:

        A.     EyeCity shall immediately convey, sell, transfer, assign and
               deliver to Thralow the ownership and title of the following
               domain names, and the content and code associated therewith, as
               the same shall exist on the Closing Date:

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                                                                 EXHIBIT 10.1(h)

               1.  pans.com
               2.  binoculars.com
               3.  binocular.com
               4.  binoculars.net
               5.  binoculars.to
               6.  binoculars.org
               7.  peepers.com
               8.  peepsun.com
               9.  anteojosdesol.com
               10. binokel.com
               11. telescopios.com
               12. prismaticos.com
               13. peeperssunglasses.com
               14. nachtanblick.com
               15. eyeglassplace.com

      B.    EyeCity shall immediately transfer to Thralow the following
            telephone numbers, and Thralow agrees to advise the telephone
            company thereof:

               1.  1-800-955-5786
               2.  1-888-733-7373
               3.  1-800-988-4790
               4.  1-800-922-2063
               5.  1-800-919-2463
               6.  1-800-246-6285
               7.  1-800-717-8133

      B.    EyeCity hereby sells, transfers, assigns and delivers to Thralow
            full right title and interest in and to certain personal property
            (the "Equipment") set forth in Exhibit A attached hereto. Thralow
            hereby acknowledges that the Equipment is being conveyed "as is" as
            of the Closing Date.

      C.    EyeCity hereby sells, transfers, assigns and delivers to Thralow
            full right title and interest in and to certain inventory (the
            "Inventory") set forth in Exhibit B attached hereto, valued at
            approximately $111,000. Thralow hereby acknowledges that the
            Inventory is being conveyed "as is" as of the Closing Date.

      D. 1. EyeCity hereby agrees that within ten days following the Closing
            Date, EyeCity shall issue to Thralow 125,000 shares of its Common
            Stock, $.001 par value per share (the "Shares"). Thralow shall have
            piggyback registration rights on the Registration Statement to be
            filed by the Company on its present Private Placement as to the
            Shares. The certificate representing the Shares shall contain the
            following legend:

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                                                                 EXHIBIT 10.1(h)

"THESE SECURITIES HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933.
THEY MAY NOT BE OFFERED OR TRANSFERRED BY SALE, ASSIGNMENT, PLEDGE OR OTHERWISE
UNLESS (I) A REGISTRATION STATEMENT FOR THE SECURITIES UNDER THE SECURITIES ACT
OF 1933 IS IN EFFECT OR (II) THE COMPANY HAS RECEIVED AN OPINION OF COUNSEL,
WHICH OPINION IS SATISFACTORY TO THE COMPANY, TO THE EFFECT THAT SUCH
REGISTRATION IS NOT REQUIRED UNDER THE SECURITIES ACT OF 1933."

      2.    Thralow (a) represents and warrants to EyeCity that he is acquiring
            all of the Shares to be issued to him pursuant to the provisions of
            this Agreement for his own account and for the purposes of
            investment and not with a view to, or for sale in connection with,
            any distribution thereof and (b) agrees that he will not at anytime
            sell or otherwise transfer, or permit the sale or other transfer of,
            such Shares other than in transactions that are not in violation of
            the Securities Act of 1933, as amended, or the provisions of any
            other applicable securities laws, rules or regulations; and

      3.    Thralow shall return the original Note to EyeCity within 10 days
            following the Closing Date marked "Canceled".

      7. Excluding the assets transferred to EyeCity pursuant to the Merger
Agreement, EyeCity represents and warrants that it has good title to all the
above-enumerated items of consideration assigned by it hereunder, free and clear
of liens and other competing claims.

      1.    Except as otherwise provided herein, EyeCity shall indemnify and
            hold harmless Thralow from and against any and all losses,
            liabilities, or damages, including, without limitation, reasonable
            attorneys' fees, incurred as a result of or arising from any breach
            of said representation and warranty.

      1.    If Thralow determines to seek indemnification under Paragraph 1(G(1)
            resulting from the assertion of liability by third parties, he shall
            give notice to EyeCity within 20 days of his becoming aware of any
            such claim.

      2.    EyeCity shall be entitled, if it so elects by written notice
            delivered to Thralow within 10 days after receiving said notice, to
            assume the defense thereof with counsel satisfactory to EyeCity, and
            shall have the right, at its own cost and expense, to defend,
            compromise or settle such claim provided such settlement or
            compromise includes a release of Thralow.

      3.    In the event that EyeCity, within 10 days after receipt of the
            aforesaid notice of a claim, fails to assume the defense of Thralow
            against such claim, Thralow shall have the right to undertake the
            defense, compromise or settlement of such action on behalf of and
            for the account and risk of EyeCity, and at EyeCity's sole cost and
            expense.

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                                                                 EXHIBIT 10.1(h)

            8. To the extent that any court of competent jurisdiction sets aside
      any portion of this Agreement as a "preferential" payment or transfer,
      thereby reducing the value of the consideration transferred hereunder,
      such amount, together with Thralow's costs of defending such claim,
      including reasonable attorneys fees , shall be reinstated to the
      Indebtedness due and owing to Thralow by EyeCity.

      2. Thralow shall be responsible for the payment of any and all losses,
liabilities or damages, including, but not limited to, court costs and
reasonable attorneys' fees, incurred after the Closing Date in connection with
the lawsuit pending between EyeCity and American Eyewear, Inc. with respect to
the "Peepers" trademark.

      3. Thralow shall take possession of the Equipment and Inventory located at
the principal place of business of Peepers, Inc., at 1203 London Road, Duluth,
MN 55802 (the "Premises") on the Closing Date. Thralow shall be permitted to use
the Premises through January 31, 2001, and shall vacate same and remove the
Equipment and Inventory as of that date. EyeCity represents and warrants that
the rent on said space is paid through January 31, 2000. Effective as of the
Closing Date, Thralow shall arrange to have all accounts on sales processed
through new bank accounts established by Thralow. EyeCity shall have the right
to remove all accounting related documents and leased equipment by January 31,
2001 from the Premises.

      4. The Consultant Agreement is hereby terminated as of the date hereof
without liability to any party and neither party shall have any further
obligations thereunder, all of which are hereby released by the parties.

      5. EyeCity agrees not to engage in the sale of Binoculars on the internet
for a period of two years from the Closing Date.

      6. Thralow warrants that the performance of the terms of this Agreement
will not conflict with or result in the breach of any other Agreement to which
he is a party or by which he is bound.

      7. Concurrently with the execution hereof, the parties have entered into
the Mutual General Release attached as Exhibit C hereto.

      8. EyeCity acknowledges and agrees that Thralow's operation of the assets
conveyed hereunder shall not be deemed violations of the Noncompetition and
Nondisclosure Agreement, Proprietary Rights and Information Agreement of any
noncompetition provisions of the Employment Agreement or the Consultant
Agreement between it and Thralow.

      9. This Memorandum of Understanding, and Exhibits attached hereto, sets
forth the parties' complete agreement with respect to the subject matter hereof
and supersedes all prior or contemporaneous agreements or understandings,
written or oral, with respect thereto. The parties intend to be bound hereby and
to operate pursuant hereto. This Agreement shall be binding upon and inure to
the benefit of the parties hereto and their heirs, personal representatives,
successors and assigns. The terms of this Memorandum of Understanding and all
proprietary information of each of the parties is confidential and may not be
disclosed except pursuant to applicable securities laws. This Memorandum

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                                                                 EXHIBIT 10.1(h)

of Understanding may not be amended or modified except by a written instrument
signed by the parties hereto.

      10. Each party hereto shall cooperate, shall take such further action and
shall execute and deliver such further documents as may be reasonably requested
by any other party in order to carry out the provisions and purposes of this
Agreement.

      11. This Memorandum of Understanding and all other agreements referred to
herein may be executed in one or more counterparts, each of which shall for all
purposes be deemed to be an original and all of which shall constitute the same
instrument, but only one of which need be produced. The parties agree to execute
any additional documents and/or agreements as required to implement the
transactions contemplated herein.

      12. This Memorandum of Understanding and any other agreement entered into
in connection herewith shall be governed by, and construed under and in
accordance with, the laws of the State of New York applicable to contracts made
and wholly to be performed therein by residents thereof, without giving effect
to the conflict of laws principles thereof. All actions proceedings seeking the
interpretation and/or enforcement of this Agreement shall be brought only in the
Supreme Court of the State of New York located in New York County, all parties
hereby submitting themselves to the jurisdiction of such courts for such
purpose. Any process in any action or proceeding commenced in the courts of the
State of New York arising out of any claim, dispute or disagreement, may, among
other methods be served upon any party by delivering or mailing the same, via
registered or certified mail, addressed to such party at the address set forth
above. Any such delivery or mail services shall be deemed to have the same force
and affect as personal service within the State of New York, New York County.

      IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be
executed as of the day and year first above written.

                                            EYECITY.COM, INC.

                                            BY:/s/ Mark H. Levin
                                               --------------------------
                                            Name:  Mark H. Levin
                                            Title: President and CEO

                                               /s/ Daniel Thralow
                                               --------------------------
                                                Daniel Thralow

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