Document:

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                                 FIRST AMENDMENT
                                     TO THE
                     EMPLOYMENT AND NONCOMPETITION AGREEMENT

                  This First Amendment (the "Amendment") to that certain
Employment and Noncompetition Agreement by and among PolyCon Investments, Inc.,
a Texas corporation d/b/a Cybex Employment Services Co. (the "Employee"), Cybex
Computer Products Corporation, an Alabama corporation (the "Cybex"), and Douglas
E. Pritchett (the "Employee") dated July 1, 1999 (the "Employment Agreement") is
dated this 7th day of March, 2000.

                                    RECITALS

                  WHEREAS, Cybex, Apex, Inc., a Washington corporation ("Apex"),
and Apex/Cybex, Inc., a Delaware corporation ("Apex/Cybex"), are entering into
an Agreement and Plan of Reorganization dated March 7, 2000 (the "Reorganization
Agreement"). Pursuant to the Reorganization Agreement, (i) Cybex Sub, Inc., an
Alabama corporation and a wholly-owned subsidiary of Apex/Cybex, will merge with
and into Cybex (the "Cybex Merger"), and upon the Cybex Merger, Cybex will
become a wholly-owned subsidiary of Apex/Cybex, and (ii) Apex Sub., Inc., a
Washington corporation and a wholly-owned subsidiary of Apex/Cybex, will merge
with and into Apex (the "Apex Merger"), and upon the Apex Merger, Apex will also
become a wholly-owned subsidiary of Apex/Cybex; and

                  WHEREAS, Cybex, Employee, and Employer desire to amend the
terms of the Employment Agreement.

                  NOW, THEREFORE, for good and valuable consideration, the
receipt and sufficiency of which are hereby acknowledged, the parties agree as
follows:

                  1. DEFINED TERMS. All capitalized terms in this Amendment, to
the extent not otherwise defined herein, shall have the meanings assigned to
such terms in the Employment Agreement.

                  2. EFFECTIVE DATE. This Amendment shall become effective (the
"Effective Date") on the closing of the Cybex Merger described in the
Reorganization Agreement.

                  3. AMENDMENT OF SECTION 2.1(d); CONFIRMATION OF EMPLOYMENT.
The parties hereby agree that, on the Effective Date, the Employment Agreement
is amended by deleting the existing language in Section 2.1(d) and substituting
therefor the following new language:

                  (d)     "TERMINATION UPON A CHANGE IN CONTROL" shall mean a
                  termination by the Employee of the Employee's employment with
                  Employer or services to Cybex or Apex/Cybex (as defined below)
                  following a "Change in Control" other than any "Change in
                  Control" contemplated by or described in that certain
                  Agreement and Plan of Reorganization dated March 7, 2000, by
                  and among Apex/Cybex, Inc., a Delaware corporation
                  ("Apex/Cybex"), Apex, and Cybex (the "Reorganization
                  Agreement") and/or resulting from the closing of the
                  transactions described in the Reorganization Agreement
                  including, without limitation, the Cybex Merger, the Apex
                  Merger, and the Merger (as such terms are defined in the
                  Reorganization Agreement).

Employee hereby acknowledges and agrees that, following the closing of the
transactions described in the Reorganization Agreement including, without
limitation, the Cybex Merger, the Apex Merger, and the Merger (as such terms are
defined in the Reorganization Agreement), Employee will continue to be employed
by Employer under (and subject to) the terms and conditions of the Employment
Agreement as

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modified by this Amendment. Employee also acknowledges and agrees that,
following the closing of the transactions described in the Reorganization
Agreement including, without limitation, the Cybex Merger, the Apex Merger,
and the Merger, any future termination of Employee's employment with
Employer, whether by Employee or by Employer, will not constitute a
"TERMINATI0N UPON A CHANGE IN CONTROL" as described in Section 2.8 of the
Employment Agreement unless there is, after the closing of the transactions
described in the Reorganization Agreement, a subsequent Change in Control as
defined in Section 2.1(e) of the Employment Agreement.

                  4. AMENDMENT OF SECTION 2.1(e). The parties hereby agree that,
on the Effective Date, the Employment Agreement is amended by deleting the
existing language in Section 2.1(c) and substituting therefor the following new
language:

                      (e) "CHANGE IN CONTROL" shall mean any one of the
                      following events:

                            (i)     Any person (other than Apex/Cybex)
                      acquires beneficial ownership of Cybex's or
                      Apex/Cybex's securities and is or thereby becomes a
                      beneficial owner of securities entitling such person to
                      exercise twenty-five percent (25%) or more of the
                      combined voting power of Cybex's Apex/Cybex's then
                      outstanding stock. For purposes of this Agreement,
                      "beneficial ownership" shall be determined in
                      accordance with Regulation 13D under the Securities
                      Exchange Act of 1934, or any similar successor
                      regulation or rule; and the term "person" shall include
                      any natural person, corporation, partnership, trust or
                      association, or any group or combination thereof, whose
                      ownership of Cybex's or Apex/Cybex's securities, would
                      be required to be reported under such Regulation 13D,
                      or any similar successor regulation or rule.

                            (ii)     Within any twenty-four (24) month period,
                      individuals who were Directors of Cybex or Apex/Cybex
                      at the beginning of such period, together with any
                      other Directors first elected as directors of Cybex or
                      Apex/Cybex pursuant to nominations approved or ratified
                      by at least two-thirds (2/3) of the Directors in office
                      immediately prior to such respective elections, cease
                      to constitute a majority of the Board of Directors of
                      Apex/Cybex.

                            (iii)    Apex/Cybex's stockholders approve:

                                     (1)     any consolidation or merger of
                            Apex/Cybex in which Apex/Cybex is not the
                            continuing or surviving corporation or pursuant
                            to which shares of Apex/Cybex common stock would
                            be converted into cash, securities or other
                            property, other than a merger or consolidation of
                            Apex/Cybex in which the holders of Apex/Cybex's
                            common stock immediately prior to the merger or
                            consolidation have substantially the same
                            proportionate ownership and voting control of the
                            surviving corporation immediately after the
                            merger or consolidation; or

                                     (2)     any sale, lease, exchange,
                            liquidation or other transfer (in one transaction
                            or a series of transactions) of all or
                            substantially all of the assets of Apex/Cybex.
                           Notwithstanding subparagraphs (e)(iii)(1) and
                           (c)(iii)(2) above, the term "Change in Control" shall
                           not include a consolidation, merger, or other
                           reorganization if upon consummation of such
                           transaction all of the outstanding voting stock of

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                           Apex/Cybex is owned, directly or indirectly, by a
                           holding company, and the holders of Apex/Cybex's
                           common stock immediately prior to the transaction
                           have substantially the same proportionate ownership
                           and voting control of such holding company.

                               (iv)     Cybex's stockholders approve:

                                        (1)     any consolidation or merger of
                                Cybex in which Cybex is not the continuing or
                                surviving corporation or pursuant to which
                                shares of Cybex common stock would be converted
                                into cash, securities or other property, other
                                than a merger or consolidation of Cybex in which
                                the holders of Cybex common stock immediately
                                prior to the merger or consolidation have
                                substantially the same proportionate ownership
                                and voting control of the surviving corporation
                                immediately after the merger or consolidation;
                                or

                                        (2)     any sale, lease, exchange,
                                liquidation or other transfer (in one
                                transaction or a series of transactions) of
                                all or substantially all of the assets of
                                Cybex or Apex/Cybex.

                      Notwithstanding subparagraphs (e)(iv)(1) and (c)(iv)(2)
                      above, the term "Change in Control" shall not include a
                      consolidation, merger, or other reorganization if upon
                      consummation of such transaction all of the outstanding
                      voting stock of Cybex is owned, directly or indirectly,
                      by a holding company, and the holders of Cybex's common
                      stock immediately prior to the transaction have
                      substantially the same proportionate ownership and
                      voting control of such holding company.

                  5. AMENDMENT OF ACCELERATION LANGUAGE. The parties hereby
agree that, on the Effective Date, the Employment Agreement is amended by
deleting the phrase "(including accelerated vesting of any awards granted to the
Employee under Cybex's stock option plans)" in each of Sections 2.5, 2.6, and
2.8 and substituting therefor in each such Section the following new language:
"(including having the vesting of any awards granted to the Employee under any
Cybex or Apex/Cybex stock option plans fully accelerated)." The parties hereby
also agree that, on the Effective Date, the Employment Agreement is amended by
deleting the sentence "The Employee shall also be entitled to an accelerated
vesting of any awards granted to the Employee under Cybex's stock option plans"
in each of Sections 4.1 and 4.2 and substituting therefor in each such Section
the following new sentence: "The Employee shall also be entitled to have the
vesting of any awards granted to the Employee under any Cybex or Apex/Cybex
stock option plans fully accelerated."

                  6. AMENDMENT OF SECTION 6.2. The parties hereby agree that, on
the Effective Date, the Employment Agreement is amended by deleting the existing
language in Section 6.2 and substituting therefor the following new language:

                     6.2 GUARANTEE. Immediately following the closing of the
                  Cybex Merger, Cybex shall obtain from Apex/Cybex Apex/Cybex's
                  unconditional and irrevocable guarantee of the payment
                  obligations of the Employer under this Agreement, including,
                  without limitation, the Employer's obligations under Section
                  6.1 hereof.

                  7. AMENDMENT OF SECTION 6.11; DUTIES FOR APEX/CYBEX. The
parties hereby agree that, on the Effective Date, the Employment Agreement is
amended by deleting the existing language in Section 6.11 and substituting
therefor the following new language:

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                     6.11 SURVIVAL OF EMPLOYER'S OBLIGATIONS. The Employer's
                  obligations hereunder shall not be terminated by reason of any
                  liquidation, dissolution, bankruptcy, cessation of business,
                  or similar event relating to the Employer, to Cybex, or to
                  Apex/Cybex. This Agreement shall not be terminated by any
                  merger or consolidation or other reorganization of the
                  Employer, Cybex, or Apex/Cybex. In the event any such merger,
                  consolidation or reorganization shall be accomplished by
                  transfer of stock or by transfer of assets or otherwise, the
                  provisions of this Agreement shall be binding upon and inure
                  to the benefit of the surviving or resulting corporation or
                  person. This Agreement shall be binding upon and inure to the
                  benefit of the executors, administrators, heirs, successors
                  and assigns or the parties; provided, however, that except as
                  herein expressly provided, this Agreement shall not be
                  assignable either by the Employer (except to an affiliate of
                  the Employer (including Apex/Cybex) in which event the
                  Employer shall remain liable if the affiliate fails to meet
                  any obligations to make payments or provide benefits or
                  otherwise) or by the Employee.

The parties agree that, from and after the Effective Date, Employee will perform
the same duties for Apex/Cybex that he has traditionally performed for Cybex as
described in Section 1 of the Employment Agreement.

                  8. NEW SECTION 6.14. The parties agree that, on the Effective
Date, the Employment Agreement is amended by adding a new Section 6.14 as
follows:

                      6.14 INDEMNIFICATION FOR SECTION 4999 EXCISE, TAXES. In
                  the event that it shall be determined that any payment or
                  other benefit paid by Apex/Cybex, Cybex, or Employer to or for
                  the benefit of the Employee under the Employment Agreement or
                  otherwise, but determined without regard to any additional
                  payments required under this Amendment (the "Payments") would
                  be subject to the excise tax imposed by Section 4999 of the
                  Internal Revenue Code (the "Excise Tax"), then Cybex shall
                  indemnify Employee for such Excise Tax in accordance with the
                  following:

                            (a) Employee shall be entitled to receive an
                      additional payment from Cybex equal to (i) one hundred
                      percent (100%) of any Excise Tax actually paid or
                      finally or payable by the Employee in connection with
                      the Payments, plus (ii) an additional payment in such
                      amount, that after all taxes, interest and penalties
                      incurred in connection with all payments under this
                      Section 2(a), Employee retains an amount equal to one
                      hundred percent (100%) of the Excise Tax.

                            (b) All determinations required to be made under
                      this Section shall be made by Cybex' primary
                      independent public accounting firm, or any other
                      nationally recognized accounting firm reasonably
                      acceptable to Cybex and the Employee (the "Accounting
                      Firm"). Cybex shall cause the Accounting Firm to
                      provide detailed supporting calculations of its
                      determinations to Cybex and Employee. All fees and
                      expenses of the Accounting Firm shall be borne solely
                      by Cyrus. For purposes of making the calculations
                      required by this Section, the Accounting Firm may make
                      reasonable assumptions and approximations concerning
                      applicable taxes and may rely on reasonable, good faith
                      interpretations concerning the application of Sections
                      280G and 4999 of the Internal Revenue Code, provided
                      the Accounting Firm's determinations must be made with
                      substantial authority (within the meaning of Section
                      6662 of the Internal Revenue

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                      Code). The payments to which Employee is entitled
                      pursuant to this Section shall be paid by Cyrus to
                      Employee in cash and in full not later than thirty (30)
                      calendar days following the date Employee becomes
                      subject to the Excise Tax.

(Signature Page Follows)

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                  IN WITNESS WHEREOF, each of the parties has executed this
Amendment, in the case of the Employer and Cybex by their duly authorized
officer, as of the day and year set forth below.

DATE: MARCH 7, 2000                    POLYCON INVESTMENTS, INC., D/B/A CYBEX
     --------------------              EMPLOYMENT SERVICES CO.

                                       By:    /s/ DOUGLAS E. PRITCHETT
                                             ---------------------------------
                                       Title: CHIEF FINANCIAL OFFICER
                                             ---------------------------------

                                       CYBEX COMPUTER PRODUCTS CORPORATION

                                       By:    /s/ DOYLE C. WEEKS
                                             ---------------------------------
                                       Title: EXECUTIVE VICE PRESIDENT
                                             ---------------------------------

                                       EMPLOYEE

                                       /s/ DOUGLAS E. PRITCHETT
                                       ---------------------------------------
                                       Douglas E. Pritchett

                                       6<PAGE>

                     EMPLOYMENT AND NONCOMPETITION AGREEMENT

         THIS EMPLOYMENT AND NONCOMPETITION AGREEMENT (the "Agreement") is dated
this 7th day of March, 2000, by and between Apex Inc., a Washington corporation
("Apex" or the "Employer"), and Barry L. Harmon (the "Employee").

                                    RECITALS

         WHEREAS, Apex is engaged in the business of designing, manufacturing,
and selling stand-alone console/KVM switching systems, console/KVM remote access
products, and integrated server cabinet solutions for the client/server
computing market; and

         WHEREAS, Apex desires to employ the Employee and the Employee is
willing to accept such employment by Apex on the terms and subject to the
conditions set forth in this Agreement; and

         WHEREAS, on the date of this Agreement, Apex, Cybex Computer Products
Corporation, an Alabama corporation, and Aegean Sea Inc., a Delaware corporation
("Holdco"), are entering into an Agreement and Plan of Reorganization dated
March 7, 2000 (the "Reorganization Agreement"). Pursuant to the Reorganization
Agreement, (i) Apex Sub, Inc., a Washington corporation and a wholly-owned
subsidiary of Holdco, will merge with and into Apex (the "Apex Merger"), and
upon the Apex Merger, Apex will become a wholly-owned subsidiary of Holdco, and
(ii) Cybex Sub, Inc., an Alabama corporation and a wholly-owned subsidiary of
Holdco will merge with and into Cybex (the "Cybex Merger"), and upon the Cybex
Merger, Cybex will also become a wholly-owned subsidiary of Holdco.

                                    AGREEMENT

         THE PARTIES HERETO AGREE AS FOLLOWS:

         1.    DUTIES. During the term of this Agreement, the Employee agrees
to be employed by Apex and to serve Holdco and Apex as their Senior Vice
President -West Coast Operations. The Employee shall devote such of his
business time, energy, and skill to the affairs of Holdco and Apex as shall
be necessary to perform the duties of the Senior Vice President - West Coast
Operations of Holdco and Apex. The Employee shall report to the President of
Holdco, and to the Board of Directors of Holdco, and at all times during the
term of this Agreement, the Employee shall have powers and duties at least
commensurate with his position as Senior Vice President - West Coast
Operations. The Employee's principal place of business with respect to his
services to Holdco and Apex shall be within the vicinity of the city of
Redmond, Washington. The Employee shall function as the principal officer
with responsibility for business activities in Holdco's Redmond, Washington
facility, currently consisting of engineering, production, marketing, sales
and after-sales support, administration, and finance. Employee shall assist
Holdco in integrating the work of the departments and individuals in Redmond,
within the context of a developing, worldwide business and merger integration
strategy for Holdco. Employee shall also contribute to the development of a
worldwide business strategy, with key managers and individuals located in
Huntsville, Alabama,

<PAGE>

Shannon, Ireland, and Acton, Massachusetts. Employee's duties will also include
a role in investor and press relations actives, including conference speaking
engagements and one-on-one meetings with institutional investors. Coordination
of these investor and press relations duties will be done with the CFO.

         2.   TERM OF EMPLOYMENT.

              2.1  DEFINITIONS. For purposes of this Agreement the
following terms shall have the following meanings:

                   (a)  "TERMINATION FOR CAUSE" shall mean termination by the
Employer of the Employee's employment by the Employer by reason of the
Employee's willful dishonesty towards, fraud upon, or deliberate injury or
attempted injury to, the Employer or by reason of the Employee's willful
material breach of this Agreement which has resulted in material injury to
the Employer.

                   (b)  "TERMINATIONS OTHER THAN FOR CAUSE" shall mean
termination by the Employer of the Employee's employment by the Employer
(other than in a Termination for Cause) and shall include (i) constructive
termination of the Employee's employment by reason of material breach of this
Agreement by the Employer, such constructive termination to be effective upon
thirty (30) days written notice from the Employee to the Employer of such
constructive termination and (ii) any attempt to relocate outside of the
vicinity of Redmond, Washington: (x) the Employee, (y) the Employee's duties
and responsibilities, or (z) the Employer's office at which Employee is
employed. Notwithstanding the foregoing, Employee agrees that a change in his
duties and responsibilities shall not result in a constructive termination
under this Section 2.1(b) unless such change results in a substantial
diminution of Employee's duties and responsibilities.

                   (c)  "VOLUNTARY TERMINATION" shall mean termination by the
Employee of the Employee's employment by the Employer other than (i)
constructive termination as described in subsection 2.1(b), (ii) "Termination
Upon a Change in Control" as described in Section 2.1(e), and (iii)
termination by reason of the Employee's disability or death as described in
Sections 2.5 and 2.6.

                   (d)  "TERMINATION UPON A CHANGE IN CONTROL" shall mean a
termination by the Employee of the Employee's employment with the Employer or
services to Apex or Holdco following a "Change in Control" other than any
"Change in Control" contemplated by or described in the Reorganization
Agreement and/or resulting from the closing of the transactions described in
the Reorganization Agreement including, without limitation, the Cybex Merger,
the Apex Merger, and the Merger (as such terms are defined in the
Reorganization Agreement).

                   (e)  "CHANGE IN CONTROL" shall mean any one of the
following events:

                        (i)   Any person (other than Holdco) acquires
beneficial ownership of Apex's or Holdco's securities and is or thereby
becomes a beneficial owner of securities entitling

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such person to exercise twenty-five percent (25%) or more of the combined
voting power of Apex's or Holdco's then outstanding stock. For purposes of
this Agreement, "beneficial ownership" shall be determined in accordance with
Regulation 13D under the Securities Exchange Act of 1934, or any similar
successor regulation or rule; and the term "person" shall include any natural
person, corporation, partnership, trust or association, or any group or
combination thereof, whose ownership of Apex's or Holdco's securities would
be required to be reported under such Regulation 13D, or any similar
successor regulation or rule.

                        (ii)  Within any twenty-four (24) month
period, individuals who were Directors of Apex or Holdco at the beginning of
such period, together with any other Directors first elected as directors of
Apex or Holdco pursuant to nominations approved or ratified by at least
two-thirds (2/3) of the Directors in office immediately prior to such respective
elections, cease to constitute a majority of the Board of Directors of Holdco.

                        (iii) Holdco's stockholders approve:

                              (1) any consolidation or merger of Holdco in
which Holdco is not the continuing or surviving corporation or pursuant to
which shares of Holdco common stock would be converted into cash, securities
or other property, other than a merger or consolidation of Holdco in which
the holders of Holdco's common stock immediately prior to the merger or
consolidation have substantially the same proportionate ownership and voting
control of the surviving corporation immediately after the merger or
consolidation; or

                              (2) any sale, lease, exchange, liquidation or
other transfer (in one transaction or a series of transactions) of all or
substantially all of the assets of Holdco.

Notwithstanding subparagraphs (e)(iii)(1) and (e)(iii)(2) above, the term
"Change in Control" shall not include a consolidation, merger, or other
reorganization if upon consummation of such transaction all of the
outstanding voting stock of Holdco is owned, directly or indirectly, by a
holding company, and the holders of Holdco's common stock immediately prior
to the transaction have substantially the same proportionate ownership and
voting control of such holding company after such transaction.

                        (iv)  Apex's stockholders approve:

                              (1) any consolidation or merger of Apex in
which Apex is not the continuing or surviving corporation or pursuant to
which shares of Apex common stock would be converted into cash, securities or
other property, other than a merger or consolidation of Apex in which the
holders of Apex's common stock immediately prior to the merger or
consolidation have substantially the same proportionate ownership and voting
control of the surviving corporation immediately after the merger or
consolidation; or

                              (2) any sale, lease, exchange, liquidation or
other transfer (in one transaction or a series of transactions) of all or
substantially all of the assets of Apex or Holdco.

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Notwithstanding subparagraphs (e)(iv)(1) and (e)(iv)(2) above, the term
"Change in Control" shall not include a consolidation, merger, or other
reorganization if upon consummation of such transaction all of the
outstanding voting stock of Apex is owned, directly or indirectly, by a
holding company, and the holders of Apex's common stock immediately prior to
the transaction have substantially the same proportionate ownership and
voting control of such holding company after such transaction.

              2.2  BASIC TERM. The term of employment of the Employee by the
Employer shall be for the period beginning immediately prior to the closing
of the Apex Merger described in the Reorganization Agreement and ending on
March 31, 2004, unless terminated earlier pursuant to this Section 2. At any
time before March 31, 2004, the Employer and the Employee may by mutual
written agreement extend the Employee's employment under the terms of this
Agreement for such additional periods as they may agree.

              2.3  TERMINATION FOR CAUSE. Termination For Cause may be
effected by the Employer at any time during the term of this Agreement and
shall be effected by thirty (30) days written notification to the Employee
from the Board of Directors of Holdco stating the reason for termination.
Upon Termination For Cause, the Employee immediately shall be paid all
accrued salary, vested deferred compensation, if any (other than pension plan
or profit sharing plan benefits which will be paid in accordance with the
applicable plan), any benefits under any plans of Apex or Holdco in which the
Employee is a participant to the full extent of the Employee's rights under
such plans, accrued vacation pay and any appropriate business expenses
incurred by the Employee in connection with his duties hereunder, all to the
date of termination, but the Employee shall not be paid any other
compensation or reimbursement of any kind, including without limitation,
severance compensation.

              2.4  TERMINATION OTHER THAN FOR CAUSE. Notwithstanding anything
else in this Agreement, the Employer may effect a Termination Other Than For
Cause at any time upon giving thirty (30) days written notice to the Employee
of such termination. Upon any Termination Other Than For Cause, the Employee
shall immediately be paid all accrued salary, bonus compensation to the
extent earned, vested deferred compensation, if any (other than pension plan
or profit sharing plan benefits which will be paid in accordance with the
applicable plan), any benefits under any plans of Apex or Holdco in which the
Employee is a participant to the full extent of the Employee's rights under
such plans, accrued vacation pay and any appropriate business expenses
incurred by the Employee in connection with his duties hereunder, all to the
date of termination, and all severance compensation provided in Section 4.2,
but no other compensation or reimbursement of any kind.

              2.5  TERMINATION BY REASON OF DISABILITY. If, during the term
of this Agreement, the Employee, in the reasonable judgment of the Board of
Directors of Holdco, has failed to perform his duties under this Agreement on
account of illness or physical or mental incapacity, and such illness or
incapacity continues for a period of more than six (6) consecutive months,
the Employer shall have the right to terminate the Employee's employment
hereunder by delivery of written notice to the Employee at any time after
such six month period and payment to the Employee of all accrued salary,
bonus compensation in an amount equal to the average annual

                                       4
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bonus earned by the Employee in the two (2) years immediately preceding the
date of termination, vested deferred compensation, if any (other than pension
plan or profit sharing plan benefits which will be paid in accordance with
the applicable plan), any benefits under any plans of Apex or Holdco in which
the Employee is a participant to the full extent of the Employee's rights
under such plans (including having the vesting of any awards granted to the
Employee under any Apex or Holdco stock option plans fully accelerated),
accrued vacation pay and any appropriate business expenses incurred by the
Employee in connection with his duties hereunder, all to the date of
termination, with the exception of medical and dental benefits which shall
continue through the expiration of this Agreement, but the Employee shall not
be paid any other compensation or reimbursement of any kind, including
without limitation, severance compensation.

              2.6  TERMINATION BY REASON OF DEATH. In the event of the
Employee's death during the term of this Agreement, the Employee's employment
shall be deemed to have terminated as of the last day of the month during
which his death occurs and the Employer shall pay to his estate or such
beneficiaries as the Employee may from time to time designate all accrued
salary, bonus compensation to the extent earned, vested deferred
compensation, if any (other than pension plan or profit sharing plan benefits
which will be paid in accordance with the applicable plan), any benefits
under any plans of Apex or Holdco in which the Employee is a participant to
the full extent of the Employee's rights under such plans (including having
the vesting of any awards granted to the Employee under any Apex or Holdco
stock option plans fully accelerated), accrued vacation pay and any
appropriate business expenses incurred by the Employee in connection with his
duties hereunder, all to the date of termination, but the Employee's estate
shall not be paid any other compensation or reimbursement of any kind,
including without limitation, severance compensation.

              2.7  VOLUNTARY TERMINATION. Notwithstanding anything else in
this Agreement, the Employee may effect a Voluntary Termination at any time
upon giving thirty (30) days written notice to the Employer of such
termination. In the event of a Voluntary Termination, the Employer shall
immediately pay all accrued salary, bonus compensation to the extent earned,
vested deferred compensation, if any (other than pension plan or profit
sharing plan benefits which will be paid in accordance with the applicable
plan), any benefits under any plans of Apex or Holdco in which the Employee
is a participant to the full extent of the Employee's rights under such
plans, accrued vacation pay and any appropriate business expenses incurred by
the Employee in connection with his duties hereunder, all to the date of
termination, but no other compensation or reimbursement of any kind,
including without limitation, severance compensation.

              2.8  TERMINATION UPON A CHANGE IN CONTROL. In the event of a
Termination Upon a Change in Control, the Employee shall immediately be paid
all accrued salary, bonus compensation to the extent earned, vested deferred
compensation, if any (other than pension plan or profit sharing plan benefits
which will be paid in accordance with the applicable plan), any benefits
under any plans of Apex or Holdco in which the Employee is a participant to
the full extent of the Employee's rights under such plans (including having
the vesting of any awards granted to the Employee under any Apex or Holdco
stock option plans fully accelerated), accrued vacation pay and any
appropriate business expenses incurred by the Employee in connection with his
duties hereunder, all to the date of termination, and all severance
compensation provided in Section 4.1, but no other compensation or
reimbursement of any kind.

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<PAGE>

         3.   SALARY, BENEFITS AND BONUS COMPENSATION.

              3.1  BASE SALARY. As payment for the services to be rendered by
the Employee as provided in Section 1 and subject to the terms and conditions
of Section 2, the Employer agrees to pay to the Employee a "Base Salary" at
the rate of $245,000.00 per annum, payable in equal bi-weekly installments.
The Base Salary for each calendar year (or proration thereof) beginning
January 1, 2001 shall be determined by the Board of Directors of Holdco upon
a recommendation from the Compensation Committee of Holdco (the "Compensation
Committee"), which shall authorize an increase in the Employee's Base Salary
in an amount which, at a minimum, shall be equal to the cumulative
cost-of-living increment on the Base Salary as reported in the "Consumer
Price Index, Seattle, Washington, All Items," published by the U.S.
Department of Labor (using January 1, 1999, as the base date for
computation). The Employee's Base Salary shall be reviewed annually by the
Board of Directors and the Compensation Committee of Holdco.

              3.2  BONUSES. The Employee shall be eligible to receive a bonus
for each calendar year (or portion thereof) during the term of this Agreement
and any extensions thereof, with the actual amount of any such bonus to be
determined in the sole discretion of the Board of Directors of Holdco based
upon its evaluation of the Employee's performance during such year. All such
bonuses shall be payable during the last month of the fiscal year or within
forty-five (45) days after the end of the fiscal year to which such bonus
relates. All such bonuses shall be reviewed annually by the Compensation
Committee of Holdco.

              3.3  ADDITIONAL BENEFITS. During the term of this Agreement,
the Employee shall be entitled to the following fringe benefits:

                   (a)  THE EMPLOYEE BENEFITS. The Employee shall be eligible
to participate in such of Apex's or Holdco's benefits and deferred
compensation plans as are now generally available or later made generally
available to executive officers of Apex, Cybex, or Holdco, including, without
limitation, stock option plans, Section 401(k) plan, profit sharing plans,
annual physical examinations, dental and medical plans, personal catastrophe
and disability insurance, retirement plans and supplementary executive
retirement plans, if any. For purposes of establishing the length of service
under any benefit plans or programs of Apex, Cybex, or Holdco, the Employee's
employment with the Employer (or any successor) will be deemed to have
commenced on the date that Employee first commenced employment with Apex,
which was January 18, 1999.

                   (b)  VACATION. The Employee shall be entitled to vacation
in accordance with the Employer's vacation policy but in no event less than
three weeks during each year of this Agreement.

                   (c)  LIFE INSURANCE. For the term of this Agreement and
any extensions thereof, the Employer shall at its expense procure and keep in
effect term life insurance on the life of the Employee, payable to such
beneficiaries as the Employee may from time to time designate, in an
aggregate amount equal to the lesser of (i) three times the Employee's Base
Salary or

                                       6
<PAGE>

(ii) $500,000. Such policy shall be owned by the Employee or by any person or
entity with an insurable interest in the life of the Employee.

                   (d)  REIMBURSEMENT FOR EXPENSES. During the term of this
Agreement, the Employer shall reimburse the Employee for reasonable and
properly documented out-of-pocket business and/or entertainment expenses
incurred by the Employee in connection with his duties under this Agreement.

         4.   SEVERANCE COMPENSATION.

              4.1  SEVERANCE COMPENSATION IN THE EVENT OF A TERMINATION UPON
A CHANGE IN CONTROL. In the event the Employee's employment is terminated in
a Termination Upon a Change in Control, the Employee shall be paid as
severance compensation his Base Salary (at the rate payable at the time of
such termination) for a period of 12 months from the date of termination of
this Agreement, on the dates specified in Section 3.1, and an amount equal to
the average annual bonus earned by the Employee in the two (2) years
immediately preceding the date of termination. Notwithstanding anything in
this Section 4.1 to the contrary, the Employee may in the Employee's sole
discretion, by delivery of a notice to the Employer within thirty (30) days
following a Termination Upon a Change in Control, elect to receive from the
Employer a lump sum severance payment by bank cashier's check equal to the
present value of the flow of cash payments that would otherwise be paid to
the Employee pursuant to this Section 4.1. Such present value shall be
determined as of the date of delivery of the notice of election by the
Employee and shall be based on a discount rate equal to the interest rate of
90-day U.S. Treasury bills, as reported in THE WALL STREET JOURNAL (or
similar publication), on the date of delivery of the election notice. If the
Employee elects to receive a lump sum severance payment, the Employer shall
make such payment to the Employee within ten (10) days following the date on
which the Employee notifies the Employer of the Employee's election. The
Employee shall also be entitled to have the vesting of any awards granted to
the Employee under any Apex or Holdco stock option plans fully accelerated.
The Employee shall be provided with medical plan benefits under any health
plans of Apex or the Employer in which the Employee is a participant to the
full extent of the Employee's rights under such plans for a period of 12
months from the date of termination of this Agreement; provided, however,
that the benefits under any such plans of Apex or Holdco in which the
Employee is a participant, including any such perquisites, shall cease upon
employment by a new employer.

              4.2  SEVERANCE COMPENSATION IN THE EVENT OF A TERMINATION OTHER
THAN FOR CAUSE. In the event the Employee's employment is terminated in a
Termination Other Than for Cause, the Employee shall be paid as severance
compensation his Base Salary (at the rate payable at the time of such
termination) for a period of 12 months from the date of such termination, on
the dates specified in Section 3.1, and an amount equal to the average annual
bonus earned by the Employee in the two (2) years immediately preceding the
date of termination. Notwithstanding anything in this Section 4.2 to the
contrary, the Employee may in the Employee's sole discretion, by delivery of
a notice to the Employer within thirty (30) days following a Termination
Other Than for Cause, elect to receive from the Employer a lump sum severance
payment by bank cashier's check equal to the present value of the flow of
cash payments that would otherwise be paid to the Employee pursuant to this
Section 4.2. Such present value shall be

                                       7
<PAGE>

determined as of the date of delivery of the notice of election by the
Employee and shall be based on a discount rate equal to the interest rate on
90-day U.S. Treasury bills, as reported in THE WALL STREET JOURNAL (or
similar publication), on the date of delivery of the election notice. If the
Employee elects to receive a lump sum severance payment, the Employer shall
make such payment to the Employee within ten (10) days following the date on
which the Employee notifies the Employer of the Employee's election. The
Employee shall also be entitled to have the vesting of any awards granted to
the Employee under any Apex or Holdco stock option plans fully accelerated.

              4.3  NO SEVERANCE COMPENSATION UNDER OTHER TERMINATION. In the
event of a Voluntary Termination, Termination For Cause, termination by
reason of the Employee's disability pursuant to Section 2.5, or termination
by reason of the Employee's death pursuant to Section 2.6, the Employee or
his estate shall not be paid any severance compensation.

         5.   NON-COMPETITION OBLIGATIONS. Unless waived or reduced by the
Employer or Holdco, during the term of this Agreement and for a period of 12
months thereafter, the Employee will not, without the Employer's prior
written consent, directly or indirectly, alone or as a partner, joint
venturer, officer, director, employee, consultant, agent, independent
contractor or stockholder of any company or business, engage in any business
activity in the United States, Canada, or Europe which is substantially
similar to or in direct competition with any of the business activities of or
services provided by the Employer at such time (a "Competing Business").
Notwithstanding the foregoing, (i) the ownership by the Employee of not more
than five percent (5%) of the shares of stock of any corporation having a
class of equity securities actively traded on a national securities exchange
or on The Nasdaq Stock Market shall not be deemed, in and of itself, to
violate the prohibitions of this Section 5, and (ii) the Employee's
performance of services in any capacity for any consulting firm, public
accounting firm, or law firm that has as a client any company or business
that is a Competing Business shall not violate the prohibitions of this
Section 5 so long as the Employee does not perform any services directly for
such Competing Business.

         6.   MISCELLANEOUS.

              6.1  PAYMENT OBLIGATIONS. If litigation after a Change in
Control shall be brought to enforce or interpret any provision contained
herein, the Employer, to the extent permitted by applicable law and the
Employer's and Holdco's Articles of Incorporation and Bylaws, hereby
indemnifies the Employee for the Employee's reasonable attorneys' fees and
disbursements incurred in such litigation.

              6.2  GUARANTEE. Immediately following the closing of the Apex
Merger, Apex shall obtain from Holdco Holdco's unconditional and irrevocable
guarantee of the payment obligations of the Employer under this Agreement,
including, without limitation, the Employer's obligations under Section 6.1
hereof.

              6.3  WITHHOLDINGS. All compensation and benefits to the
Employee hereunder shall be reduced by all federal, state, local, and other
withholdings and similar taxes and payments required by applicable law.

                                       8
<PAGE>

              6.4  WAIVER. The waiver of the breach of any provision of this
Agreement shall not operate or be construed as a waiver of any subsequent
breach of the same or other provision hereof.

              6.5  ENTIRE AGREEMENT; MODIFICATIONS. Except as otherwise
provided herein, this Agreement represents the entire understanding among the
parties with respect to the subject matter hereof, and this Agreement
supersedes any and all prior understandings, agreements, plans and
negotiations, whether written or oral with respect to the subject matter
hereof including without limitation, Section 1 of that certain Proprietary
Information and Non-Competition Agreement dated January 18, 1999, between the
Employee and Apex, which such section shall be of no further force or effect
(although the other sections of such Proprietary Information and
Non-Competition Agreement shall remain in full force and effect), and any
understandings, agreements or obligations respecting any past or future
compensation, bonuses, reimbursements or other payments to the Employee from
the Employer. All modifications to the Agreement must be in writing and
signed by the party against whom enforcement of such modification is sought.

                   6.6  NOTICES. All notices and other communications under
this Agreement shall be in writing and shall be given by hand delivery or
first class mail, certified or registered with return receipt requested, and
shall be deemed to have been duly given upon hand delivery to an officer of
the Employer or the Employee, as the case may be, or upon three (3) days
after mailing to the respective persons named below:

                   If to the Employer/Apex:      Apex Inc.
                                                 9911 Willows Road NE
                                                 Redmond, WA 98052-2531
                                                 Attn: Chief Operating Officer
                                                 With copy to:  General Counsel
                                                 Fax:  425-497-5597

                   If to the Employee:           Barry L. Harmon

                                                 -----------------------------
                                                 -----------------------------

Any party may change such party's address for notices by notice duly given
pursuant to this Section 6.6.

                   6.7  HEADINGS. The Section headings herein are intended
for reference and shall not by themselves determine the construction or
interpretation of this Agreement.

                   6.8  GOVERNING LAW; VENUE. This Agreement shall be
governed by and construed in accordance with the laws of the State of
Washington. The Employee and the Employer each hereby expressly consents to
the exclusive venue of the state and federal courts located in Seattle, King
County, Washington, for any lawsuit arising from or relating to this
Agreement.

                   6.9  ARBITRATION. Any controversy or claim arising out of
or relating to this Agreement, or breach thereof, shall be settled by
arbitration in Seattle, Washington, in accordance

                                       9
<PAGE>

with the Rules of the American Arbitration Association, and judgment upon any
proper award rendered by the arbitrators may be entered in any court having
jurisdiction thereof. There shall be three (3) arbitrators, one (1) to be
chosen directly by each party at will, and the third arbitrator to be
selected by the two (2) arbitrators so chosen. To the extent permitted by the
Rules of the American Arbitration Association, the selected arbitrators may
grant equitable relief. Each party shall pay the fees of the arbitrator
selected by him and of his own attorneys, and the expenses of his witnesses
and all other expenses connected with the presentation of his case. The cost
of the arbitration including the cost of the record or transcripts thereof,
if any, administrative fees, and all other fees and costs shall be borne
equally by the parties.

                   6.10 SEVERABILITY. If a court or other body of competent
jurisdiction determines that any provision of this Agreement is excessive in
scope or otherwise invalid or unenforceable, such provision shall be adjusted
rather than voided, if possible, and all other provisions of this Agreement
shall be deemed valid and enforceable to the extent possible.

                   6.11 SURVIVAL OF EMPLOYER'S OBLIGATIONS. The Employer's
obligations hereunder shall not be terminated by reason of any liquidation,
dissolution, bankruptcy, cessation of business, or similar event relating to
the Employer or Holdco. This Agreement shall not be terminated by any merger
or consolidation or other reorganization of the Employer or Holdco. In the
event any such merger, consolidation or reorganization shall be accomplished
by transfer of stock or by transfer of assets or otherwise, the provisions of
this Agreement shall be binding upon and inure to the benefit of the
surviving or resulting corporation or person. This Agreement shall be binding
upon and inure to the benefit of the executors, administrators, heirs,
successors and assigns of the parties; provided, however, that except as
herein expressly provided, this Agreement shall not be assignable either by
the Employer (except to an affiliate of the Employer (including Holdco) in
which event the Employer shall remain liable if the affiliate fails to meet
any obligations to make payments or provide benefits or otherwise) or by the
Employee.

                   6.12 COUNTERPARTS. This Agreement may be executed in one
or more counterparts, all of which taken together shall constitute one and
the same Agreement.

                   6.13 INDEMNIFICATION. In addition to any rights to
indemnification to which the Employee is entitled to under the Employer's
Articles of Incorporation and Bylaws, the Employer shall indemnify the
Employee at all times during and after the term of this Agreement to the
maximum extent permitted under the corporation laws of the State of
Washington and any other applicable state law, and shall pay the Employee's
expenses in defending any civil or criminal action, suit, or proceeding in
advance of the final disposition of such action, suit, or proceeding, to the
maximum extent permitted under such applicable state laws.

                   6.14 AMENDMENT OF STOCK OPTION LETTER AGREEMENTS.

                        (a)   ACCELERATED VESTING. The parties agree that,
effective immediately prior to the closing of the Apex Merger described in
the Reorganization Agreement, Section 6 of that certain Nonstatutory Stock
Option Letter Agreement dated March 12, 1999,

                                       10
<PAGE>

between the Employer and the Employee is hereby amended by deleting the
existing language and substituting therefor the following new language:

                        6.    VESTING. Your option shall vest and become
                   exercisable in full immediately prior to the closing of
                   the Apex Merger described in that certain Agreement and
                   Plan of Reorganization dated March 7, 2000, by and among
                   the Company, Cybex, and Holdco. Specifically, immediately
                   prior to the closing of the Apex Merger (as defined in
                   such Agreement and Plan of Reorganization), your entire
                   option grant (all 75,000 shares) will become fully vested
                   and immediately available for exercise. You may exercise
                   your option on vested option shares; however, you may only
                   exercise your option for whole shares.

                        (b)   REMAINING TERMS UNCHANGED. Except as
specifically set forth in this Section 6.14, the remaining terms and
conditions of the Nonqualified Stock Option Letter Agreements dated March 12,
1999, shall remain unchanged and in full force and effect.

                   6.15 INDEMNIFCATION FOR SECTION 4999 EXCISE TAXES. In the
event that it shall be determined that any payment or other benefit paid by
the Employer or Holdco to or for the benefit of the Employee under this
Employment Agreement or otherwise, but determined without regard to any
additional payments required under this Amendment (the "Payments") would be
subject to the excise tax imposed by Section 4999 of the Internal Revenue
Code (the "Excise Tax"), then the Employer shall indemnify the Employee for
such Excise Tax in accordance with the following:

                        (a)   The Employee shall be entitled to receive an
         additional payment from the Employer equal to (i) one hundred percent
         (100%) of any Excise Tax actually paid or finally or payable by the
         Employee in connection with the Payments, plus (ii) an additional
         payment in such amount that after all taxes, interest and penalties
         incurred in connection with all payments under this Section 2(a), the
         Employee retains an amount equal to one hundred percent (100%) of the
         Excise Tax.

                        (b)   All determinations required to be made under this
         Section shall be made by the Employer's primary independent public
         accounting firm, or any other nationally recognized accounting firm
         reasonably acceptable to the Employer and the Employee (the "Accounting
         Firm"). The Employer shall cause the Accounting Firm to provide
         detailed supporting calculations of its determinations to the Employer
         and the Employee. All fees and expenses of the Accounting Firm shall be
         borne solely by the Employer. For purposes of making the calculations
         required by this Section, the Accounting Firm may make reasonable
         assumptions and approximations concerning applicable taxes and may rely
         on reasonable, good faith interpretations concerning the application of
         Sections 280G and 4999 of the Internal Revenue Code, provided the
         Accounting Firm's determinations must be made with substantial
         authority (within the meaning of Section 6662 of the Internal Revenue
         Code). The payments to which the Employee is entitled pursuant to this
         Section shall be paid by the Employer to the Employee in cash and in
         full not later than thirty (30) calendar days following the date the
         Employee becomes subject to the Excise Tax.

                                       11
<PAGE>

The indemnification in this Section 6.15 shall apply to any Payment resulting
from the amendment of the Nonqualified Stock Option Letter Agreement and the
acceleration of Employee's options described in Section 6.14, but Employee shall
not be entitled to indemnification under this Section 6.15 for other Payments
that result solely from any other acceleration of Employee's options in the
event Employee's terminates his employment in a Termination Upon a Change in
Control.

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

                                   APEX INC.

                                   By:
                                      ---------------------------------------
                                   Its: President and Chief Executive Officer

                                   BARRY L. HARMON:

                                   ------------------------------------------

                                       12

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