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                                                                   Exhibit 10.28

FORM OF EXECUTIVE SEVERANCE AGREEMENT

Dear      ,

This letter will reflect the terms of your employment with iVillage effective
MONTH DAY, YEAR.

(1) You will remain employed as the TITLE.

(2) In the event that iVillage terminates your employment without Cause (as
defined herein) or resign for Good Reason (as defined herein) during the
Employment Period, you will receive severance pay equal to your base salary for
twelve months plus the maximum bonus you would have been entitled to for the
then current fiscal year under any of the Company's bonus or incentive plans
(the "Severance Period"). Such severance pay will be provided at the time and in
the manner that you currently receive your salary and will be contingent upon
your execution of a general release against the Company. Your options will
continue to vest through the Severance Period and the exercise period will
extend twelve months from the end of the Severance Period. Village will also
reimburse your for the premium costs of COBRA continuation coverage during the
Severance Period.

(3) In the event that there is a "Change in Control" (as defined herein) any
unvested stock options granted under such agreements will immediately vest upon
a Change in Control of the Company.

(4) In the event that (a) you are terminated by the Company for Cause; or (b)
you refuse to execute a general release against the Company upon your
termination, you will not be entitled to severance pay.

(5) For purposes of this Agreement, Good Reason shall mean (a) a Major Event (as
defined below) or (b) any material breach of the terms of this letter of
agreement provided you have given written and detailed notice of the same to
iVillage with thirty days to cure. "Major Event" means within twelve months of
(i) a consolidation or merger of iVillage in which iVillage is not the
continuing or surviving company or pursuant to which all the shares of
iVillage's stock would be converted into cash, securities or other property,
other than a merger of iVillage in which the holders of iVillage's common stock
immediately prior to the merger have the same proportionate ownership and voting
of common stock immediately after the merger and results in a downward or
dimunition in the nature or status of your responsibilities; (ii) any sale,
lease, exchange, spinoff or other transfer or disposition (in one or a series of
related transaction) of all, or substantially all, of the assets of iVillage and
results in a downward or dimunition in the nature of status of your
responsibilities.

(6) For the purposes of this Agreement, Change in Control shall mean the
occurrence of the following: (a) An acquisition (other than directly from the
Corporation) of any voting securities of the Corporation (the "Voting
Securities") by any "Person (as the term person is

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used for purposes of Section 13(d) or Section 14(d) of the Securities Exchange
Act of 1934, as amended (the "Exchange Act")), immediately after which such
Person has "Beneficial Ownership" (within the meaning of Rule 13d-3 promulgated
under the Exchange Act) of fifty percent (50%) or more of the then outstanding
shares of the Corporation's common stock ("Shares") or the combined voting power
of the Corporation's then outstanding Voting Securities; provided , however, in
determining whether a Change in Control has occurred pursuant to this Section,
Shares or Voting Securities which are acquired in a "Non-Control Acquisition"
(as herein defined) shall not constitute an acquisition which would cause a
Change in Control. A "Non-Control Acquisition" shall mean an acquisition by (i)
an employee benefit plan (or a trust forming a part thereof) maintained by (A)
the Corporation or (B) any corporation of other Person of which a majority of
its voting power or its voting equity securities or equity interest is owned,
directly or indirectly, by the Corporation (for purposes of this definition, a
"Subsidiary"), (ii) the Corporation or its Subsidiaries, or (iii) any Person in
connection with a "Non-Control Transaction". A "Non-Control Transaction" shall
mean a merger, consolidation or reorganization involving the Corporation in
connection with which (i) the stockholders of the Corporation, immediately
before such merger, consolidation or reorganization, own directly , or
indirectly, immediately following such merger, consolidation or reorganization,
at least seventy percent (70%) of the combined voting power of the outstanding
Voting Securities of the corporation resulting from such merger, consolidation
or reorganization (the "Surviving Corporation") in substantially the same
proportion as their ownership of the Voting Securities immediately before such
merger, consolidation or reorganization; (ii) the individuals who were members
of the Incumbent Board immediately prior to the execution of the agreement
providing for such merger, consolidation, or reorganization constitute at least
tow-thirds of the members of the board of directors of the Surviving Corporation
of a corporation beneficially owning , directly or indirectly, a majority of the
Voting Securities of the Surviving Corporation; and (iii) no Person (other than
the Corporation, any Subsidiary, any employee benefit plan (or any trust forming
a part thereof) maintained by the Corporation, the Surviving Corporation or any
Subsidiary, or any Person, who immediately prior to such merger, consolidation
or reorganization had Beneficial Ownership of fifteen percent (15%) or more of
the then outstanding Voting Securities) owns, directly or indirectly, fifteen
percent (15%) or more of the combined voting power of the Surviving
Corporation's then outstanding securities; and

(b)The individuals who, as of March 13, 1999 are members of the Board of
Directors of the Corporation (the "Incumbent Board"), cease for any reason to
constitute at least fifty percent (50%) of the members of the Board; provide,
however; that if the election, or nomination for election by the Corporation's
common stockholders, of any new director was approved by a vote of a t least
fifty percent (50%) of the Incumbent Board; such a new director shall, for
purposes of this definition, be considered a member of the Incumbent Board;
provided; further, however, that no individual shall be considered a member of
the Incumbent Board if such individual initially assumed office as a result of
either an actual or threatened "Election Contest" (as described in rule 14a-11
promulgated under the Exchange Act) or other actual or threatened solicitation
of proxies or consents by or on behalf of a Person other than the Board (a
"Proxy Contest") including by reason of any agreement intended to avoid or
settle any Election Contest or Proxy Contest.

(7) For purposes of this Agreement, Cause shall mean; (a) you have engaged in a
continuous; gross neglect of your duties as an employee of the Company; (b) you
have committed an act

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of dishonesty or gross misconduct, including, without limitation, theft, misuse
or unauthorized disclosure of proprietary information; or (c) you are convicted
of a felony or crime involving moral turpitude.

(8) Regardless of the manner of your termination you will be indemnified to the
extent permitted by law, for claims brought against you during or after your
employment with the Company, stemming from acts taken by you in the scope of
your employment for iVillage.

(9) Reference is hereby made to the Non-Competition, Non-Disclosure and
Assignment of Inventions Agreement between you and the Company, the terms of
which are incorporated herein by reference and made a part hereof.

(10) This Agreement and the other agreement referred to herein contain the
entire agreement between the parties with respect to the subject matter hereof
and supercede all prior or contemporaneous negotiations, correspondence,
understandings and agreements between the parties with respect thereto.

(11) It is the desire and intent of the parties that the provisions of this
Agreement shall be enforced to the fullest extent permissible under the laws and
public policies applied in each jurisdiction in which enforcement is sought.
Accordingly, if any particular provision of this Agreement shall be adjudicated
by a court of competent jurisdiction to be invalid or unenforceable, such
provision shall be deemed amended to delete therefrom or modify the portion thus
adjudicated to be invalid or unenforceable, such deletion or modification to
apply only with respect to the operation of such provision in the particular
jurisdiction in which such adjudication is made and to be made only to the
extent necessary to cause the provision as amended to be valid and enforceable.
By any court of law, the remaining provisions shall be severable and enforceable
in accordance with their terms.

(12) This Agreement shall be governed by, and construed in accordance with, the
laws of the State of New York, without giving effect to any choice of conflict
of law provision or rule. No waiver, amendment or modification of any provision
of this Agreement shall be effective unless in writing and signed by each party
hereto. This Agreement shall bind and inure to the benefit of the parties and
their respective successors and assigns, legal representatives and heirs;
provided, however, that you may not assign this Agreement or any of your rights
or interest herein, in whole or in part, to any other person or entity without
the prior written consent of the Company. In the event of a sale of the Company,
iVillage will require the purchaser to assume this agreement. This Agreement may
be executed in any number of counterparts, and each such counterpart hereof
shall be deemed to be an original instrument, and all such counterparts together
shall constitute but one agreement.

                                            Very truly yours,

                                            IVILLAGE INC.

                                            By:
                                               ---------------------------------
                                            Name:
                                            Title:

ACCEPTED AND ACKNOWLEDGED
AS OF THE DATE FIRST WRITTEN ABOVE:

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                                  EXHIBIT 10(b)

                      REVOLVING LOAN AND SECURITY AGREEMENT
                  CONVERTIBLE REVOLVING CREDIT PROMISSORY NOTE
                             DATED OCTOBER 26, 1987

                                  HOWTEK, INC.
                                 21 PARK AVENUE
                                HUDSON, NH 03051

                                                                   June 28, 2002

Mr. Robert H. Howard
303 East 57th Street
New York, NY 10022

      Re:  Revolving Loan and Security Agreement dated October 26, 1987 between
      Robert Howard and Howtek, Inc. ("Howtek") and the related Convertible
      Revolving Credit Promissory Note, as amended (the "Note"), made by
      Howtek in favor of Robert Howard

Dear Mr. Howard:

      This letter ("Amendment") hereby amends the Note as follows:

      1. The first sentence of the first paragraph of Paragraph I of the Note
is hereby amended and restated in its entirety as follows:

      "The Holder hereof shall have the right, at the Holder's option, at any
time from and after April 6, 1988 to and including the date on which the
principal amount of and interest on this Note is paid in full, subject to the
terms and provisions hereof, to convert all or any part of the Outstanding
Principal Amount of this Note and any accrued but unpaid interest thereunder
into fully paid and nonassessable shares of the common stock, par value $.01 per
share, of the Borrower (the "Stock") (as such shares shall be constituted at the
time of conversion) at the conversion price equal to the lesser of (i) the
closing sale price of the Stock on the date that such principal amount of this
Note being converted was advanced hereunder or (ii) the closing sale price of
the Stock on the last business day immediately preceding the date of conversion
(the "Conversion Price").

      2. The Maturity Date set forth in Paragraph D of the Note is hereby
extended from January 4, 2003 to January 4, 2004.

      3. Except as modified by this Amendment, the Note shall continue
unmodified and in full force and effect.

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               Please sign this Amendment at the place indicated below,
whereupon it shall constitute our mutually binding agreement with respect to the
matters contained herein.

                                                       Very truly yours,

                                                       HOWTEK, INC.

                                                       By: /s/ W. Scott Parr
                                                         -----------------------
                                                       Name:   W. Scott Parr
                                                       Title:  President & CEO

AGREED TO AND ACCEPTED BY:

/s/  Robert Howard
----------------------
  Robert Howard

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