Document:

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                                                                    EXHIBIT 10.6

                               DATED July 11, 2005

                              ICURIE HOLDINGS LTD.

                                       and

                                MICHAEL KARPHEDEN

                                SERVICE AGREEMENT

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THIS AGREEMENT is made as of July 11, 2005

BETWEEN:

(1)   ICURIE HOLDINGS LTD. (the "COMPANY" or "EMPLOYER"); and

(2)   MICHAEL KARPHEDEN (the "EXECUTIVE").

RECITAL

The Company shall employ the Executive and the Executive shall serve the
Employer as Chief Financial Officer of the Company on the following terms and
subject to the following conditions (the "AGREEMENT"). The Company shall act as
agent and paymaster for the Employer in respect of its rights and duties to the
Executive as its employee. The parties acknowledge and agree that the Executive
shall also be appointed as the Chief Financial Officer of iCurie, Inc., a Nevada
corporation ("iCurie, Inc."), the corporate parent and sole stockholder of the
Company.

IT IS AGREED AS FOLLOWS:

1.    DEFINITIONS AND INTERPRETATION

1.1   In this Agreement unless the context otherwise requires the following
      expressions shall have the following meanings:

      "ASSOCIATED COMPANY"

            (a)   a company which is not a Subsidiary of iCurie, Inc. but whose
                  issued equity is owned as to at least twenty per cent (20%) by
                  iCurie, Inc. or one of its Subsidiaries; or

            (b)   a Subsidiary (as defined below)

      "BOARD"

      the board of directors of the corporation in question;

      "GROUP"

      iCurie, Inc. and its Subsidiaries, including the Company, for the time
      being and "GROUP COMPANY" means any one of them;

      "SUBSIDIARY"

      means any person or entity of which a majority of the outstanding voting
      securities or other voting equity interests are owned, directly or
      indirectly, by iCurie, Inc.

1.2   Any reference to a statutory provision shall be deemed to include a
      reference to any statutory modification or re-enactment of it.

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1.3   The headings in this Agreement are for convenience only and shall not
      affect its construction or interpretation.

1.4   References in this Agreement to a person include a body corporate and an
      incorporated association of persons and references to a company include
      any body corporate.

1.5   References in this Agreement to the laws, statutes and regulations of the
      United Kingdom are applicable only to the extent such laws, statutes and
      regulations are applicable due to the Executive's employment with the
      Company or the Executive's employment location in the United Kingdom.

2.    TERM OF EMPLOYMENT

2.1   The term of this Agreement (subject to termination as provided below)
      shall continue from the date hereof until January 1, 2007.

2.2   The Executive represents and warrants that he is not bound by or subject
      to any contract, court order, agreement, arrangement or undertaking which
      in any way restricts or prohibits him from entering into this Agreement or
      performing his duties under it.

3.    DUTIES

3.1   The Executive shall during his employment under this Agreement:

      3.1.1 perform the duties and exercise the powers which the Board of the
            Company or the Company may from time to time properly assign to him
            in his capacity as Chief Financial Officer of the Company, or in
            connection with the conduct and management of the business of any
            Group Company (including serving on the board of such Group Company
            or on any other executive body or any committee of such a company);
            and

      3.1.2 do all in his power to promote, develop and protect the business of
            the Company and any Group Company and at all times and in all
            respects conform to and comply with the proper and reasonable
            directions and regulations of the Board of the Company.

3.2   The Executive shall give to the Board of the Company such information
      regarding the affairs of the Group as it shall require, and in any event,
      shall be subject to the authority and direction of the Board of the
      Company and shall report regularly and keep the Board of the Company
      informed.

3.3   The Executive shall carry out his duties and exercise his powers jointly
      with any other executives appointed by the Board of the Company to act
      jointly with him and the Board of the Company may at any time require the
      Executive to cease performing or exercising the said or any duties or
      powers.

3.4   The Executive shall work in any place within the United Kingdom which the
      Board of the Company may require and he may be required to travel abroad
      when required by the Group for the proper performance of his duties.

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3.5   If the Employer requires the Executive to work permanently at a place
      which necessitates a move from his present residence, the Company will
      reimburse the Executive for all documented moving expenses directly and
      reasonably incurred.

4.    HOURS OF WORK

4.1   The Executive shall have no normal hours of work but is required to devote
      such time to his work, as set forth in Section 13, as is necessary for the
      proper performance of his duties. The Executive shall receive no
      additional payments from hours worked. The Executive acknowledges that he
      holds a senior executive position with certain autonomous decision-taking
      powers and that accordingly he is not subject to regulation 4 (1) of the
      Working Time Regulations 1998. Without prejudice to that, the Executive
      accepts that by signing this Agreement he has agreed that (insofar as it
      would apply) regulation 4 (1) shall not apply unless the Executive
      withdraws such Agreement by giving to the Employer not less than three
      months prior notice in writing.

5.    GRATUITIES AND CODES OF CONDUCT

5.1   The Executive shall not directly or indirectly accept any commission,
      rebate, discount or gratuity in cash or in kind from any person who has or
      is having a business relationship with the Employer or any Group Company.

5.2   The Executive shall comply (and procure that his spouse and minor children
      shall comply) with all applicable rules and regulations of the United
      States securities laws and the regulations of any market or quotation
      service on which equity of iCurie, Inc. is listed or quoted, and any codes
      of conduct of the Group for the time being in force and any other relevant
      regulatory authority.

5.3   The Executive, on behalf of the Company, shall at all times comply with
      the provisions of the Financial Services and Markets Act 2000 and the
      rules, regulations, usages and guidance of the FSA (including, without
      limitation, the contents of the FSA's Handbook) as the same shall apply to
      his activities and those of the Employer from time to time (and any other
      legislation, rules and regulations, replacing or supplementing the same or
      to which the Company and its staff are otherwise bound). By signing this
      Agreement, the Executive also agrees to be bound by the provisions of the
      compliance manual or similar regulations of the Employer from time to time
      in force. The Executive hereby acknowledges that the Employer may treat
      any material non-compliance on his part as gross misconduct entitling it,
      to terminate this employment without notice.

6.    REMUNERATION

6.1   In consideration of the services rendered to the Employer and the mutual
      promises and covenants herein contained, Executive shall receive the
      remuneration set forth in this Section 6.

6.2   The Company shall pay to the Executive a salary at the rate of $220,500
      USD per year, subject to all applicable deductions as may be required by
      law for tax and social security or national insurance contributions.

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6.3   The Executive's salary shall accrue from day to day and be payable in
      accordance with the Company's normal payroll practices.

6.4   The Executive's salary shall be reviewed at least annually. The
      undertaking of a salary review does not confer a contractual right
      (whether express or implied) to any increase in salary and the Executive
      acknowledges that any salary increase is at the discretion of the
      Employer.

6.5   As of the date hereof, the Executive shall be granted incentive
      compensation in the form of (i) an option to purchase 326,779 shares of
      common stock of iCurie, Inc., pursuant to the terms, conditions and
      limitations of the iCurie, Inc. 2005 Stock Incentive Plan (the "Plan") and
      the grant agreement attached hereto as Exhibit A and (ii) a grant of
      1,143,728 restricted shares of common stock in iCurie, Inc., pursuant to
      the terms, conditions and limitations of the Plan and the grant agreement
      attached hereto as Exhibit B.

6.6   The Executive shall receive a "closing bonus" in the form of (i) a cash
      bonus in the amount of $33,600 USD on September 1, 2005 (or, if the
      Executive is terminated for any reason prior to such date, within thirty
      (30) days of such termination) subject to deductions as detailed at clause
      6.2, and (ii) a grant of 38,182 restricted shares of common stock of
      iCurie, Inc., pursuant to the terms, conditions and limitations of the
      Plan and the grant agreement attached hereto as Exhibit B. The parties
      acknowledge and agree that the portion of the closing bonus to be paid in
      US dollars will be paid by iCurie, Inc. However, in the event that iCurie,
      Inc. does not make such payment, the Company shall make the payment to the
      Executive.

6.7   As of the date hereof, the Executive shall be paid accrued but unpaid
      salary in the form of (i) a cash payment of $22,708 USD subject to
      deductions as detailed in clause 6.2, and (ii) a grant of 25,805 shares of
      common stock of iCurie, Inc., pursuant to the terms, conditions and
      limitations of the Plan and the grant agreement attached hereto as Exhibit
      B.

6.8   The Executive shall be entitled to receive a bonus for calendar year 2005
      and calendar year 2006 as set out in Schedule 2 to this Agreement;
      provided, however, that (a) in the event the Executive voluntarily
      terminates employment prior to the date a bonus is paid, the Executive
      shall not be entitled to receive such bonus, and (b) in the event the
      Company terminates the Executive prior to the date a bonus is paid, the
      Executive shall be entitled to receive any earned but unpaid bonus which
      shall be paid within 30 days of the date the Executive's employment is
      terminated. Bonuses in any calendar year shall not confer any right upon
      the Executive to be considered for or to receive a bonus in any subsequent
      calendar year. The Employer reserves the right to amend the terms of any
      bonus scheme from time to time.

7.    PENSION SCHEME

7.1   The Executive shall be entitled to participate in any retirement schemes
      as are provided to members of senior management of the Company from time
      to time; provided, however, that the parties hereto acknowledge and agree
      that the Executive will be entitled to participate in a retirement plan
      that permits employee elective deferrals or a similar

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      defined contribution plan as is customary in the Executive's location of
      employment, to the extent such plan can be established by the Company or
      iCurie, Inc. without undue costs, as determined by the Board of the
      Company or iCurie, Inc.

8.    OTHER BENEFITS

8.1   The Executive is entitled to membership of the following schemes (each
      referred to below as an "INSURANCE SCHEME"):

      8.1.1 a medical expenses insurance scheme providing such cover for the
            Executive and his spouse and children under the age of eighteen (18)
            as the Company may from time to time notify to him;

      8.1.2 a life insurance scheme under which a lump sum benefit shall be
            payable on the Executive's death while the Agreement continues; the
            benefit of which shall be paid to such dependants of the Executive
            or other beneficiary as the trustees of the scheme select at their
            discretion, after considering any beneficiaries identified by the
            Executive in any expression of his wishes delivered to the trustees
            before his death. The benefit is equal to four (4) times the
            Executive's basic annual salary at his death but basic annual salary
            for this purpose shall not exceed the Inland Revenue limits; and

      8.1.3 a personal accident insurance scheme providing such cover for the
            Executive as the Company may from time to time notify to him.

8.2   Benefits under any insurance scheme shall be subject to the rules of the
      scheme(s) and the terms of any applicable insurance policy and are
      conditional upon the Executive complying with and satisfying any
      applicable requirements of the insurers. Copies of these rules and
      policies and particulars of the requirements shall be provided to the
      Executive on request. The Company shall not have any liability to pay any
      benefit to the Executive under any insurance scheme unless it receives
      payment of the benefit from the insurer under the scheme.

8.3   Any insurance scheme which is provided for the Executive is also subject
      to the Company's right to alter the cover provided or any term of the
      scheme or to cease to provide (without replacement) the scheme at any time
      if in the opinion of the Board the state of health of the Executive is or
      becomes such that the Company is unable to insure the benefits under the
      scheme at the normal premiums applicable to a person of the Executive's
      age.

8.4   The provision of any insurance scheme does not in any way prevent the
      Company from terminating this Agreement in accordance with the provisions
      of this Agreement even if to do so would deprive the Executive of
      membership of or cover under any such scheme.

9.    HOUSING/ COMPANY CAR

9.1   The executive shall be provided with a monthly housing allowance for 12
      months if the Executive is required to relocate to London, England. Such
      monthly allowance shall be in an amount reasonably determined by the Board
      of the Company, taking into account

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      customary housing allowances provided to non-United Kingdom citizens who
      (i) are required to relocate to London, England, and (ii) are executives
      of similar level in companies of similar size as the Employer.

9.2   The Company shall provide the Executive with a car allowance in the amount
      of $350 per month; provided, however, that in the event the Executive is
      required by the Company to relocate out of the Executive's current place
      of residence, such allowance shall increase to $750 per month during the
      period of such relocation.

9.3   The Company shall pay all normal servicing, insurance and running expenses
      in relation to the car and all fuel expenses incurred by the Executive in
      the performance of his duties.

9.4   The Executive shall take good care of the car and shall observe the terms
      and conditions of the insurance policy relating to it.

9.5   The Executive shall inform the Company immediately if he is disqualified
      from holding a driving license and the Executive shall not have use of a
      car during any period of disqualification. The Executive shall have no
      entitlement during any such period to the car allowance.

10.   EXPENSES

      The Employer shall reimburse or procure that the Executive is reimbursed:

10.1  all reasonable traveling, hotel and other expenses wholly and necessarily
      incurred by him in the performance of his duties under this Agreement; and

10.2  the cost of subscription to all professional bodies to which he is obliged
      to belong in order to maintain his professional qualifications on
      production of appropriate receipts, if required, by the Employer.

11.   HOLIDAYS

11.1  The Executive is entitled to holiday days with pay every calendar year in
      addition to public holidays as follows:

      Year 1: 20 days

      Year 2: 20 days

      The Employer's holiday year runs from January 1 to December 31.

11.2  The Executive's holiday entitlement is inclusive of his statutory
      entitlement which, to the extent applicable, is twenty (20) days per
      annum. When calculating the Executive's statutory entitlement bank and
      public holidays are taken into account. The statutory entitlement cannot
      be carried over from one holiday year to the next and no pay in lieu can
      be made to the Executive.

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11.3  During the first year of the Executive's employment the Executive's
      statutory holiday entitlement, to the extent applicable, will accrue pro
      rata monthly in advance. Where this calculation results in fractions of
      days the amount of leave which can be taken is rounded up to the next half
      day. Any rounded up element is deducted from the leave remaining.

11.4  Save as provided for in clause 11.3 above, the Executive's entitlement to
      holiday accrues pro rata throughout each holiday year (disregarding
      fractions of days). The Executive will be deemed to have taken any
      statutory holiday first.

11.5  Any entitlement to holiday over and above any statutory entitlement
      remaining at the end of any holiday year shall lapse and no payment in
      lieu will be made for accrued untaken holiday/may be carried forward to
      the next holiday year but no further/will be paid in lieu.

11.6  If the Executive has taken holiday in excess of his entitlement on
      termination of employment he will be required to give account for it and
      the Company will make a deduction from his final salary payment
      accordingly. If the Executive has accrued holiday owing to him, the
      Employer may at its discretion, require him to take the outstanding
      holiday during any notice period or make a payment in lieu of it.

11.7  If the Executive's employment is terminated without notice, he will not be
      entitled to holiday pay for holiday which would have accrued during the
      notice period, had he continued to be employed throughout that time.

11.8  There are no formal notice requirements for taking holiday but the
      Executive is expected to take his holiday at a time or times convenient to
      the Employer.

12.   ILLNESS

12.1  The Executive shall continue to be paid during sickness absence (such
      payment to be inclusive of any statutory sick pay or social security
      benefits to which he may be entitled) for a total of up to ten (10) days
      per calendar year.

12.2  Thereafter the Executive shall continue to be paid salary at the
      discretion of the Employer.

12.3  The Executive will cease to accrue holiday, subject to any entitlement
      under the applicable law if he has been absent due to sickness, for four
      (4) consecutive weeks or more.

12.4  If the Executive is incapable of performing his duties by reason of injury
      sustained wholly or partly as a result of negligence, nuisance or breach
      of any statutory duty on the part of a third party and the Executive
      recovers an amount by way of compensation for loss of earnings from that
      third party, he shall immediately pay that amount to the Company.

12.5  The Employer shall be entitled to require the Executive to undergo
      examinations by a medical adviser appointed or approved by the Employer
      and the Executive authorizes the

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      medical adviser and/or will provide such consents as are necessary to
      disclose to the Employer the results of such examinations.

13.   RESTRICTIONS DURING EMPLOYMENT

13.1  During the continuance of his employment under this Agreement the
      Executive shall unless prevented by incapacity devote his whole time and
      attention to the business of the Employer and shall not without the prior
      written consent of the Board of the Company:

      13.1.1 engage in any other business; or

      13.1.2 be concerned or interested in any other business which is or shall
             be of a similar nature to or competitive with that carried on by
             the Employer or any Group Company or which is a supplier or
             customer of the Employer or Group Company in relation to its goods
             or services; or

      13.1.3 solicit the custom of, canvass, approach or deal with, in
             competition with the Employer or any Group Company, any person
             (including any company, firm, organization or other entity) to whom
             the Employer or any Group Company supplies services or goods or
             with whom the Employer or any Group Company is in negotiations or
             discussions regarding the possible supply of services or goods; or

      13.1.4 discourage any such person referred to in clause 13.1.3 above from
             conducting or continuing to conduct business with the Employer or
             any Group Company on the best terms available to the Employer or
             any Group Company; or

      13.1.5 induce or attempt to induce any director or senior employee of the
             Employer or any Group Company and with whom the Executive has
             material dealings in the course of his employment, to leave the
             employment of the Employer or any Group Company; or

      13.1.6 take any steps which impair or might reasonably be thought by the
             Employer, to impair the Executive's ability to act at all times in
             the best interests of the Employer;

      provided that nothing in this clause shall preclude the Executive from
      holding or being otherwise interested in any shares or other securities of
      any company which is publicly quoted or traded on a recognized investment
      exchange or quotation service so long as the interest of the Executive in
      such shares or other securities does not extend to more than five per cent
      (5%) of the total amount of such shares or securities.

13.2  If the Executive does, with the Company Board's written consent, carry out
      other work, he must notify the Board of the number of additional hours he
      is working. The Executive hereby represents and warrants, and the Employer
      hereby acknowledges, that (i) as of the date of this Agreement, the
      Executive is a member of the board of directors of Teleplus Enterprises
      Inc. (the "Board Assignment"), (ii) the Executive will not spend more than
      four (4) days per year to fulfill its duties under the Board Assignment,
      and (iii) the

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      Executive's duties and obligations to the Board Assignment will in no way
      interfere with the Executive's duties and obligations to the Employer.

13.3  If during his employment under this Agreement the Executive shall cease to
      be a director of the Employer (otherwise than by reason of his death,
      resignation or disqualification pursuant to the articles of association of
      the Employer or by statute or court order) his employment shall continue
      and the terms of this Agreement (other than those relating to the holding
      of office of director) shall continue in full force and effect and the
      Executive shall have no claims against the Employer in respect of his
      ceasing to be a director.

14.   INTELLECTUAL PROPERTY

14.1  This clause shall continue in force after termination of this Agreement in
      respect of all Intellectual Property (as defined at 14.2) created by the
      Executive in the course of his employment by the Employer.

14.2  Any and all inventions, original works, technologies, reports, memoranda,
      studies, writings, articles, plans, designs, specifications, exhibits,
      software code, or other materials prepared by the Executive in his
      performance under this Agreement (the "Intellectual Property") shall be
      the exclusive property of the Company; and the Executive hereby assigns
      all right, title, and interest in the same to the Company. To the extent
      any of the Intellectual Property includes material subject to copyright
      protection, such materials have been specially commissioned by the. To the
      extent such material include material subject to copyright, patent, trade
      secret, or other proprietary rights protection, the Executive hereby
      irrevocably and exclusively assigns to the Company, its successors, and
      assigns, all right, title, and interest in and to all such materials. To
      the extent any of the Executive's rights in the same, including without
      limitation any moral rights, are not subject to assignment hereunder, the
      Executive hereby irrevocably and unconditionally waives all enforcement of
      such rights. The Executive shall execute and deliver such instruments and
      take such other actions as may be required to carry out and confirm the
      assignments contemplated by this section and the remainder of this
      Agreement. All documents, magnetically or optically encoded media, and
      other tangible materials created by the Executive as part of its services
      under this Agreement shall be owned by the Company.

14.3  Executive hereby irrevocably appoints the Company to be the Executive's
      attorney in the Executive's name to execute all documents and do all acts
      and things as may be necessary to grant the Company the full benefit of
      this clause.

15.   CONFIDENTIALITY

15.1  The Executive shall not (except in the proper performance of his duties)
      during or after his employment has ended divulge to any person or
      otherwise make use of (and shall use his best endeavors to prevent the
      publication or disclosure of) any trade secret or secret manufacturing
      process or any confidential information concerning the business or
      finances of the Employer or any Group Company or any of their dealings,
      transactions or affairs or any trade secret or secret manufacturing
      process or any such confidential information concerning any of their
      suppliers, agents, distributors or customers.

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15.2  Confidential information includes, but is not limited to: information
      about the Employer disclosed to the Executive, known by the Executive or
      developed by the Executive, alone or with others, in connection with his
      engagement by the Employer, which is not generally known to the industry
      in which the Employer or any Group Company is or may become engaged about
      the Employer's or any Group Company's products, processes, and services,
      including but not limited to, information relating to investors, financial
      information of the Employer or Group Company, customers, sources of
      supply, personnel, sources or methods of financing, marketing, pricing,
      merchandising, interest rates, or sales.

15.3  The restrictions in clauses 15.1 and 15.2 shall not apply to information
      which:

      15.3.1 comes into the public domain otherwise than by a breach by the
             Executive of his obligations under this Agreement; or

      15.3.2 must be disclosed by any applicable law, to the extent of such
             required disclosure.

16.   DATA PROTECTION

16.1  The Executive acknowledges that the Employer and the Group will hold
      personal data relating to the Executive such data will include the
      Executive's employment application, address, references, bank details,
      performance appraisals, work, holiday and sickness records, next of kin,
      salary reviews, remuneration details and other records (which may, where
      necessary, include sensitive personal data relating to the Executive's
      health, and data held for equal opportunities purposes). The Employer will
      hold such personal data for personnel administration and management
      purposes and to comply with the obligations regarding the retention of
      Executive/worker records. The Executive's right of access to such data is
      as prescribed by law.

16.2  The Executive hereby undertakes and agrees that the Employer may process
      personal data relating to personnel administration and management
      purposes, and may, when necessary for those purposes, make such data
      available to its advisers, to third parties providing products and/or
      services to the Employer, (such as IT systems suppliers, pensions,
      benefits and payroll administrators) and as required by law. Further, the
      Executive hereby agrees that the Employer may transfer such data to and
      from any Group Company. By signing this Agreement, the Executive expressly
      consents to the collection, transfer and use of such data in accordance
      with this clause 16.

17.   MONITORING

17.1  The Executive acknowledges that the Employer and the Group may monitor
      messages sent and received via email, the Internet and voicemail systems
      to ensure that the Executive is complying with the Employer's policy for
      use by its employees of these systems.

18.   TERMINATION OF EMPLOYMENT

18.1  Notwithstanding clause 2.1 above, the Executive's employment may be
      terminated by either party giving to the other not less than six months
      notice in writing.

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18.2  The Employer may at any time and in its absolute discretion terminate the
      Agreement with immediate effect and make a payment in lieu of notice. This
      payment shall comprise of the Executive's 6-month salary (at the rate
      payable when this option is exercised) and shall not include any un-earned
      bonus, pension contributions or any other benefits except for medical
      insurance, life insurance and housing for a period of 6 months (to the
      extent Executive was entitled to receive a housing allowance for such 6
      month period) and shall be subject to deductions for income tax and
      national insurance contributions as appropriate (the "Payment in Lieu").
      The Executive will not, under any circumstances, have any right to Payment
      in Lieu unless the Employer has exercised its option to pay in lieu of
      notice and the Executive has delivered a general release of Employer in
      the form and substance reasonably satisfactory to the Employer.

18.3  The Payment in Lieu may, at the Employer's sole discretion, be made at the
      times the Employer would have made payments to the Executive had notice
      been worked or, if notice has previously been given, at the times the
      Employer would have made payments to the Executive during the remainder of
      the period of notice. During any such period the Executive is required to
      keep the Employer informed on a monthly basis as to his earnings and the
      Executive agrees that the Employer may deduct any monies he earns during
      that period from the Payment in Lieu.

18.4  The employment of the Executive may be terminated by the Employer without
      notice or Payment in lieu of Notice if the Executive:

      18.4.1 is guilty of any serious misconduct that affects the interests of
             the Employer or any Group Company to which he is required to render
             services under this Agreement; or

      18.4.2 fails or neglects efficiently and diligently to discharge his
             duties or commits any serious or repeated breach or non-observance
             by the Executive of any of the provisions contained in this
             Agreement or the Executive's duties as an executive officer of
             iCurie, Inc.; or

      18.4.3 has an interim receiving order made against him, becomes bankrupt
             or makes any composition or enters into any deed of arrangement
             with his creditors; or

      18.4.4 is charged with any arrestable criminal offence (other than an
             offence under road traffic legislation for which a fine or
             non-custodial penalty is imposed); or

      18.4.5 is disqualified from holding office in another company by reason of
             an order of a court of competent jurisdiction; or

      18.4.6 shall become adjudicated mentally incompetent or become a patient
             under the United Kingdom Mental Health Act 1983; or

      18.4.7 is convicted of an offence under the United Kingdom Criminal
             Justice Act 1993 in relation to insider dealings or under any other
             present or future statutory enactment or regulations relating to
             insider dealings or similar offences under any U.S. or other law or
             regulation; or

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      18.4.8 is in breach of the Model Code on directors' dealings in listed
             securities, including securities dealt on the OFEX trading facility
             and securities dealt on the Alternative Investment Market published
             by the London Stock Exchange Limited or the applicable rules and
             regulations of the United States securities laws and the
             regulations of any market or quotation service on which equity of
             iCurie, Inc. is listed or quoted; or

      18.4.9 ceases to be a director of the Employer or iCurie, Inc. otherwise
             than at the request, or with the prior consent, of the Employer or
             iCurie, Inc. as the case may be.

18.5  Any delay by the Employer in exercising the right to terminate without
      notice is not a waiver thereof.

19.   SUSPENSION AND GARDEN LEAVE

19.1  The Employer may suspend the Executive at its discretion on full pay to
      allow the Employer to investigate any complaint made against the Executive
      in relation to his employment with the Employer.

19.2  Provided the Executive continues to enjoy his full contractual benefits
      and receive his pay in accordance with this Agreement, the Employer may in
      its absolute discretion do all or any of the following during the notice
      period or any part of the notice period, after the Executive or the
      Employer has given notice of termination to the other, without breaching
      this Agreement or incurring any liability or giving rise to any claim
      against it:

      19.2.1 exclude the Executive from the premises of the Employer and/or the
             Group;

      19.2.2 require the Executive to carry out only specified duties
             (consistent with his status, role and experience) or to carry out
             no duties;

      19.2.3 announce to any or all of its employees, suppliers, customers and
             business partners that the Executive has been given notice of
             termination or has resigned (as the case may be);

      19.2.4 prohibit the Executive from communicating in any way with any or
             all of the suppliers, customers, business partners, employees,
             agents or representatives of the Employer or the Group until his
             employment has terminated except to the extent he is authorized to
             do so by the Board in writing;

      19.2.5 require the Executive to resign his directorship of any Group
             Company;

      19.2.6 require the Executive to comply with any other reasonable
             conditions imposed by the Employer.

      The Executive will continue to be bound by all obligations (whether
      expressed or implied) owed to the Employer under the terms of the
      Agreement or as an employee of the Company.

                                       12
<PAGE>

20.   RESIGNATION AND RETURN OF COMPANY PROPERTY

20.1  Upon the termination by whatever means of this Agreement the Executive
      shall:

      20.1.1 immediately resign from his office as a director of the Employer
             and from such offices held by him in any Group Company without
             claim for compensation; and

      20.1.2 immediately deliver to the Company all credit cards motor-cars,
             keys, computer media and other property, in whatever form, of or
             relating to the business of the Employer or of any Group Company
             which may be in his possession or under his power or control.

20.2  If the Executive fails to comply with clause 20.2.5 and 21.1.1 the Company
      is hereby irrevocably authorized to appoint some person in his name and on
      his behalf to sign and complete any documents or do any thing necessary to
      give effect to this clause.

20.3  The Executive shall not without the consent of the Employer at any time
      after the termination of this Agreement represent himself still to be
      connected with the Employer or any Group Company.

21.   RECONSTRUCTION OR AMALGAMATION

      If the employment of the Executive under this Agreement is terminated by
      reason of the liquidation of the Employer for the purpose of
      reconstruction or amalgamation and the Executive is offered employment
      with any concern or undertaking resulting from the reconstruction or
      amalgamation on terms and conditions not less favorable than the terms of
      this Agreement then the Executive shall have no claim against the Employer
      or any Group Company in respect of the termination of his employment under
      this Agreement.

22.   RESTRICTIONS

22.1  Definitions

      In this clause the following words shall have the following meanings:

      "TERMINATION DATE"

      the date on which the employment terminates;

      "PERSON"

      includes any individual, company, firm, organization or other entity;

      "AREA"

      any country where on the Termination Date the Employer or a Group Company
      was supplying goods and/or services;

      "CUSTOMER"

                                       13
<PAGE>

      any Person to whom the Employer or a Group Company supplied goods or
      services during the 6 months preceding the Termination Date and with whom
      at any time during such period the Executive was actively involved in the
      course of his employment;

      "PROSPECTIVE CUSTOMER"

      any Person with whom the Employer or a Group Company had negotiations or
      discussions regarding the possible supply of goods or services during the
      6 months immediately preceding the Termination Date and with whom at any
      time during such period the Executive was actively involved in the course
      of his employment.

22.2  In order to protect the goodwill, confidential information, trade secrets
      and business connections of the Employer or a Group Company the Executive
      covenants with the Employer (and as trustee for each Group Company) that:

      22.2.1 NON-COMPETITION

             the Executive shall not for a period of 9 months from the
             Termination Date directly or indirectly be interested or concerned
             in any business which is carried on in the Area and which:

             (a)   concerns the business of the Employer or any Group Company
                   and with which the Executive was actively involved at any
                   time during 6 months ending on the Termination Date; or

             (b)   is competitive or likely to be competitive with the business
                   of the Employer or a Group Company being carried on at the
                   Termination Date and with which the Executive was actively
                   involved during the 6 months ending on the Termination Date.

             For this purpose, the Executive is concerned in a business if:

             (c)   he carries it on as principal or agent; or

             (d)   he is a partner, director, employee, secondee, consultant or
                   agent in, of or to any Person who carries on the business; or

             (e)   he has any direct or indirect financial interest (as
                   shareholder or otherwise) in any Person who carries on the
                   business.

            22.2.2 NON-SOLICITATION

                   the Executive shall not for a period of 9 months from the
                   Termination Date directly or indirectly:

             (a)   canvass or solicit business or approach any Customer or
                   Prospective Customer in respect of goods of similar type to
                   those being manufactured

                                       14
<PAGE>

                   or dealt in or services similar to those being provided by
                   the Employer or a Group Company as at the Termination Date;

             (b)   seek to do business or deal with any Customer or Prospective
                   Customer in respect of goods of similar type to those being
                   manufactured or dealt in or services similar to those being
                   provided by the Employer or a Group Company as at the
                   Termination Date;

             (c)   canvass or solicit business from or make an approach to any
                   supplier of the Employer or a Group Company with whom the
                   Executive was actively involved during the 6 months ending on
                   the Termination Date to cease to supply, or to restrict or
                   vary the terms of supply to the Employer or a Group Company
                   or otherwise interfere with the relationship between such a
                   supplier and the Employer or a Group Company; or

             (d)   accept employment with or act as consultant for any customer/
                   client.

            22.2.3 NON-POACHING

                   the Executive shall not for a period of 9 months after the
                   Termination Date directly or indirectly:

             (a)   induce or attempt to induce any employee of the Employer or a
                   Group Company who is engaged in any business activity carried
                   on by the Employer or a Group Company at the Termination Date
                   and with whom the Executive during the 6 months ending on the
                   Termination Date had dealings in the course of his
                   employment, to leave the employment of the Employer or a
                   Group Company (whether or not this would be a breach of
                   contract by that employee); or

             (b)   engage, attempt to engage, employ, attempt to employ or offer
                   employment or work (and in each case whether directly or
                   indirectly, including through an employment agency or other
                   intermediary) to any employee of the Employer or a Group
                   Company who is engaged in any business activity carried on by
                   the Employer or a Group Company at the Termination Date and
                   with whom the Executive during the 6 months ending on the
                   Termination Date had dealings in the course of his
                   employment.

22.3  The restrictions in this clause are considered by the parties to be
      reasonable and the validity of each sub-clause shall not be affected if
      any of the others is invalid. If any of the restrictions is void but would
      be valid if some part of the restriction were deleted, the restriction in
      question shall apply with such modification as may be necessary to make it
      valid.

22.4  The Executive acknowledges that the provisions of this clause are no more
      extensive than is reasonable to protect the Employer or the Group.

                                       15
<PAGE>

23.   SEVERABILITY

      If any of the provisions of this Agreement become invalid or unenforceable
      for any reason by virtue of applicable law the remaining provisions shall
      continue in full force and effect and the Employer and the Executive
      hereby undertake to use all reasonable endeavors to replace any legally
      invalid or unenforceable provision with a provision which will promise to
      the parties (as far as practicable) the same commercial results as were
      intended or contemplated by the original provision.

24.   THIRD PARTIES

      No third party shall have the right to enforce the provisions of this
      Agreement pursuant to the Contracts (Rights of Third Parties) Act 1999 or
      any other statutory or common law.

25.   NOTICES

25.1  Any notice required or permitted to be given under this Agreement shall be
      given in writing delivered personally or sent by first class post pre-paid
      recorded delivery (air mail if overseas) or by facsimile to the party due
      to receive such notice at, in the case of the Employer, both of the
      Company's and iCurie, Inc.'s registered offices from time to time and, in
      the case of the Executive, his address as set out in this Agreement (or
      such address as he may have notified to the Employer in accordance with
      this clause).

25.2  Any notice delivered personally shall be deemed to be received when
      delivered to the address provided in this Agreement and any notice sent by
      pre-paid recorded delivery post shall be deemed (in the absence of
      evidence of earlier receipt) to be received 2 days after posting and in
      proving the time of dispatch it shall be sufficient to show that the
      envelope containing such notice was properly addressed, stamped and
      posted. A notice sent by facsimile shall be deemed to have been received
      on receipt by the sender of confirmation in the transmission report that
      the facsimile had been sent.

26.   STATUTORY INFORMATION

      Schedule 1 to this Agreement sets out information required to be given to
      the Executive by the Employment Rights Act 1996, to the extent such Act
      applies to the Executive's employment hereunder.

27.   MISCELLANEOUS

27.1  This Agreement is governed by and shall be construed in accordance with
      the laws of England.

27.2  The parties to this Agreement submit to the non-exclusive jurisdiction of
      the English courts.

27.3  This Agreement contains the entire understanding between the parties and
      supersedes all previous agreements and arrangements (if any) relating to
      the employment of the Executive by the Employer (which shall be deemed to
      have been terminated by mutual

                                       16
<PAGE>

      consent), including without limitation, any previous employment contract
      or arrangement between the Executive and the Employer or any Group
      Company.

27.4  The Executive authorizes the Employer to deduct from any remuneration
      payable to the Executive under this Agreement any sums due from him to the
      Employer or any Group Company including the cost of repairing any damage
      to Employer or any Group Company property caused by the Executive and any
      loss suffered by the Employer or any Associated Company as a result of
      negligence or breach of duty by the Executive.

                                       17
<PAGE>

                                   SCHEDULE 1

       Statement Of Particulars Pursuant To The Employment Rights Act 1996

1     The Executive's period of continued employment with the Company commenced
      on June 1, 2005. A period of employment with a previous employer does not
      count as part of the Executive's continuous employment with the Employer.

2     There is no formal disciplinary or grievance procedure applicable to this
      position. Any grievance which the Executive wishes to exercise or any
      disciplinary action taken by the Employer will be dealt with by the
      Chairman of the Board. If the Executive is dissatisfied with any decision
      he can within five (5) working days of that decision appeal to the entire
      Board whose decision shall be final and binding. For the avoidance of
      doubt any disciplinary or grievance procedure does not form part of the
      Service Agreement.

3     The Executive may be required to work overseas for periods exceeding one
      (1) month but there are currently no particulars to be entered.

4     The Employer is not a party to any collective agreement which affects the
      Executive's employment.

5.    There is no contracting-out certificate in force.

<PAGE>

                                   SCHEDULE 2

Bonus Scheme - Calendar Year 2005 Bonus: maximum of $132,300 with fifty percent
(50%) of the amount due for each performance goal to be paid in cash and fifty
percent (50%) paid in unrestricted shares of common stock in iCurie, Inc.,
valued solely for bonus purposes and irrespective of fair market value at $0.88
per share, or the same number of options granted with a nominal exercise price
per share, and payable in February, 2006.

<TABLE>
<CAPTION>
                     Performance Goals                          Weight of Bonus
-----------------------------------------------------------    ---------------
<S>                                                            <C>
Successful execution of a definitive contract with Asia
Vital Components ("AVC") substantially similar to the terms     20% of Bonus
of the April, 2005 letter of intent with AVC.

Achieving the revenue targets set forth in the Private
Placement Memorandum of the Company dated May, 2005 ("PPM")     20% of Bonus

Successful execution of a commercial contract with Daan or
any other company in the display industry.                      20%  of Bonus

Shipments of commercial volumes to the display industry
exceed targets developed by the Compensation Committee of       40% of Bonus
the Board of iCurie, Inc., or if no such committee is
established, the Board of iCurie, Inc.
</TABLE>

Bonus Scheme - Calendar Year 2006 Bonus: maximum of $264,600 with fifty percent
(50%) of the amount due for each performance goal to be paid in cash and fifty
percent (50%) paid in unrestricted shares of common stock in iCurie, Inc.,
valued solely for bonus purposes and irrespective of fair market value at $0.88
per share, or the same number of options granted with a nominal exercise price
per share, and payable in February, 2007.

<TABLE>
<CAPTION>
                   Performance Goals                            Weight of Bonus
-----------------------------------------------------------    ---------------
<S>                                                            <C>
Achieving the pre-tax pre-dividend income levels set forth
in the PPM.                                                     50% of Bonus

Exceeding the revenue and income levels set forth in the
PPM.                                                            50% of Bonus
</TABLE>

<PAGE>

In addition to the equity compensation payable as set forth above, Executive
will be entitled to the following equity compensation: (i) in the event iCurie,
Inc.'s 2006 revenue exceeds projections by at least 5%, options to purchase that
number of shares of common stock of iCurie, Inc. equal to 12.5% of Executive's
aggregate ownership of iCurie, Inc. equity as of the date hereof (assuming full
vesting of all warrants, options or restricted share grants) at an exercise
price of $1.10 per share, (ii) in the event iCurie, Inc.'s 2007 revenue exceeds
projections by at least 5%, options to purchase that number of shares of common
stock of iCurie, Inc. equal to 12.5% of Executive's aggregate ownership of
iCurie, Inc. equity as of the date hereof (assuming full vesting of all
warrants, options or restricted share grants) at an exercise price of $1.32 per
share, and (iii) options equal to 25% of the number of shares of common stock of
iCurie, Inc. pursuant to the Plan in the event iCurie, Inc. revenues in 2006 or
2007 exceed projections by at least 25% at a per share exercise price equal to
the greater of $.88 or the 2006 volume weighted average price per share of
common stock of iCurie, Inc. (whether such options are granted with respect to
2006 or 2007 revenues). All of the above equity awards will vest annually over a
three year period calculated retroactively from the date hereof (for example,
assuming a June 30, 2005 grant date, a 12.5% equity award in January 2007 for
exceeding 2006 revenues would be 33.3% vested on the date of grant, with the
remaining two - thirds vesting on June 30, 2007 and June 30, 2008). Any earned
but unvested awards will vest in full upon the Executive's termination for any
reason other than as set forth in clause 18.4.

                                       20
<PAGE>

"EMPLOYER"                                                 "EXECUTIVE"

ICURIE HOLDINGS LTD.                                       /s/ Michael Karpheden
                                                           ---------------------
                                                           MICHAEL KARPHEDEN

Signed: /s/ Hakan Wretsell
        ------------------

Print Name: Hakan Wretsell

Title: Chief Executive Officer

Signed in the presence of:

Witness signature: /s/ Rachel Pierro
                   -----------------
Name: Rachel Pierro

Address: 8510 SW 149th Ave. Apt. 1115
         Miami, FL 33193 USA

Occupation: Registered Nurse

                                       21<PAGE>

                                                                    EXHIBIT 10.7

                               DATED July 11, 2005

                              ICURIE HOLDINGS LTD.
                                ICURIE LAB, INC.

                                       and

                                 JEONG HYUN LEE

                                SERVICE AGREEMENT

<PAGE>

THIS AGREEMENT is made as of July 11, 2005

BETWEEN:

(1)   ICURIE HOLDINGS LTD. (the "COMPANY" or "EMPLOYER") and iCurie Lab, Inc.
("ICURIE KOREA") (collectively the "EMPLOYER"); and

(2)   JEONG HYUN LEE (the "EXECUTIVE").

RECITAL

The Company shall employ the Executive and the Executive shall serve the
Employer as Chief Technology Officer of the Company on the following terms and
subject to the following conditions (the "AGREEMENT"). The Company shall act as
agent and paymaster for the Employer in respect of its rights and duties to the
Executive as its employee. The parties acknowledge and agree that the Executive
shall also be appointed as Chief Technology Officer of iCurie, Inc., a Nevada
corporation ("iCurie, Inc."), the corporate parent and sole stockholder of the
Company.

IT IS AGREED AS FOLLOWS:

1.    DEFINITIONS AND INTERPRETATION

1.1   In this Agreement unless the context otherwise requires the following
      expressions shall have the following meanings:

      "ASSOCIATED COMPANY"

            (a)   a company which is not a Subsidiary of iCurie, Inc. but whose
                  issued equity is owned as to at least twenty per cent (20%) by
                  iCurie, Inc. or one of its Subsidiaries; or

            (b)   a Subsidiary (as defined below)

      "BOARD"

      the board of directors of the corporation in question;

      "GROUP"

      iCurie, Inc. and its Subsidiaries, including the Company and iCurie Korea,
      for the time being and "GROUP COMPANY" means any one of them;

      "SUBSIDIARY"

      means any person or entity of which a majority of the outstanding voting
      securities or other voting equity interests are owned, directly or
      indirectly, by iCurie, Inc.

<PAGE>

1.2   Any reference to a statutory provision shall be deemed to include a
      reference to any statutory modification or re-enactment of it.

1.3   The headings in this Agreement are for convenience only and shall not
      affect its construction or interpretation.

1.4   References in this Agreement to a person include a body corporate and an
      incorporated association of persons and references to a company include
      any body corporate.

1.5   References in this Agreement to the laws, statutes and regulations of the
      United Kingdom are applicable only to the extent such laws, statutes and
      regulations are applicable due to the Executive's employment with the
      Company or the Executive's employment location in the United Kingdom.

2.    TERM OF EMPLOYMENT

2.1   The term of this Agreement (subject to termination as provided below)
      shall continue from the date hereof until January 1, 2007.

2.2   The Executive represents and warrants that he is not bound by or subject
      to any contract, court order, agreement, arrangement or undertaking which
      in any way restricts or prohibits him from entering into this Agreement or
      performing his duties under it.

3.    DUTIES

3.1   The Executive shall during his employment under this Agreement:

      3.1.1 perform the duties and exercise the powers which the Board of iCurie
            Korea or the Company may from time to time properly assign to him in
            his capacity as Chief Technology Officer of iCurie Korea and the
            Company, or in connection with the conduct and management of the
            business of any Group Company (including serving on the board of
            such Group Company or on any other executive body or any committee
            of such a company); and

      3.1.2 do all in his power to promote, develop and protect the business of
            the Company or any Group Company and at all times and in all
            respects conform to and comply with the proper and reasonable
            directions and regulations of the Board of iCurie Korea or the
            Company.

3.2   The Executive shall give to the Board of iCurie Korea or the Company such
      information regarding the affairs of the Group as it shall require, and in
      any event, shall be subject to the authority and direction of the Board of
      iCurie Korea and the Company and shall report regularly and keep the Board
      of iCurie Korea and the Company informed.

3.3   The Executive shall carry out his duties and exercise his powers jointly
      with any other executives appointed by the Board of iCurie Korea or the
      Company to act jointly with him and the Board of iCurie Korea or the
      Company may at any time require the Executive to cease performing or
      exercising the said or any duties or powers.

                                       2
<PAGE>

3.4   The Executive shall work in any place within the United Kingdom which the
      Board of the Company may require and he may be required to travel abroad
      when required by the Group for the proper performance of his duties. The
      Employer acknowledges that the Executive is not currently a resident or
      citizen of the United States, nor is it currently contemplated that the
      Executive will be required to relocate to the United States.

3.5   If the Employer requires the Executive to work permanently at a place
      which necessitates a move from his present residence, the Company will
      reimburse the Executive for all documented moving expenses directly and
      reasonably incurred.

4.    HOURS OF WORK

4.1   The Executive shall have no normal hours of work but is required to devote
      such time to his work, as set forth in Section 13, as is necessary for the
      proper performance of his duties. The Executive shall receive no
      additional payments from hours worked. The Executive acknowledges that he
      holds a senior executive position with certain autonomous decision-taking
      powers and that accordingly he is not subject to regulation 4 (1) of the
      Working Time Regulations 1998. Without prejudice to that, the Executive
      accepts that by signing this Agreement he has agreed that (insofar as it
      would apply) regulation 4 (1) shall not apply unless the Executive
      withdraws such Agreement by giving to the Employer not less than three
      months prior notice in writing.

5.    GRATUITIES AND CODES OF CONDUCT

5.1   The Executive shall not directly or indirectly accept any commission,
      rebate, discount or gratuity in cash or in kind from any person who has or
      is having a business relationship with the Employer or any Group Company.

5.2   The Executive shall comply (and procure that his spouse and minor children
      shall comply) with all applicable rules and regulations of the United
      States securities laws and the regulations of any market or quotation
      service on which equity of iCurie, Inc. is listed or quoted, and any codes
      of conduct of the Group for the time being in force and any other relevant
      regulatory authority.

5.3   The Executive, on behalf of the Company, shall at all times comply with
      the provisions of the Financial Services and Markets Act 2000 and the
      rules, regulations, usages and guidance of the FSA (including, without
      limitation, the contents of the FSA's Handbook) as the same shall apply to
      his activities and those of the Employer from time to time (and any other
      legislation, rules and regulations, replacing or supplementing the same or
      to which the Company and its staff are otherwise bound). By signing this
      Agreement, the Executive also agrees to be bound by the provisions of the
      compliance manual or similar regulations of the Employer from time to time
      in force. The Executive hereby acknowledges that the Employer may treat
      any material non-compliance on his part as gross misconduct entitling it,
      to terminate this employment without notice.

                                       3
<PAGE>

6.    REMUNERATION

6.1   In consideration of the services rendered to the Employer and the mutual
      promises and covenants herein contained, Executive shall receive the
      remuneration set forth in this Section 6.

6.2   The Company shall pay to the Executive a salary at the rate of $172,830
      USD per year, subject to all applicable deductions as may be required by
      law for tax and social security or national insurance contributions. In
      addition, iCurie Korea shall pay the Executive a salary at the rate
      determined by converting $89,670 USD per year into WON using the
      conversion ratio which shall be determined on July 11, 2005 based on the
      average monthly exchange rate since January, 2004 subject to all
      applicable deductions as may be required by law for tax and social
      security or national insurance contributions.

6.3   The Executive's salary shall accrue from day to day and be payable in
      accordance with the Company's or iCurie Korea's normal payroll practices.

6.4   The Executive's salary shall be reviewed at least annually. The
      undertaking of a salary review does not confer a contractual right
      (whether express or implied) to any increase in salary and the Executive
      acknowledges that any salary increase is at the discretion of the
      Employer.

6.5   As of the date hereof, the Executive shall be granted incentive
      compensation in the form of (i) an option to purchase 326,779 shares of
      common stock of iCurie, Inc., pursuant to the terms, conditions and
      limitations of the iCurie, Inc. 2005 Stock Incentive Plan (the "Plan") and
      the grant agreement attached hereto as Exhibit A and (ii) a grant of
      980,338 restricted shares of common stock in iCurie, Inc., pursuant to the
      terms, conditions and limitations of the Plan and the grant agreement
      attached hereto as Exhibit B.

6.6   The Executive shall receive a "closing bonus" in the form of (i) a cash
      bonus, payable by the Company, in the amount of $40,000 USD on September
      1, 2005 (or, if the Executive is terminated for any reason prior to such
      date, within thirty (30) days of such termination) subject to deductions
      as detailed at clause 6.2, and (ii) a grant of 45,455 restricted shares of
      common stock of iCurie, Inc., pursuant to the terms, conditions and
      limitations of the Plan and the grant agreement attached hereto as Exhibit
      B.

6.7   As of the date hereof, the Executive shall be paid accrued but unpaid
      salary in the form of (i) a cash payment of $60,124 USD subject to
      deductions as detailed at clause 6.2, and (ii) a grant of 68,322 shares of
      common stock of iCurie, Inc., pursuant to the terms, conditions and
      limitations of the Plan and the grant agreement attached hereto as Exhibit
      B.

6.8   The Executive shall be entitled to receive a bonus for calendar year 2005
      and calendar year 2006 as set out in Schedule 2 to this Agreement;
      provided, however, that (a) in the event the Executive voluntarily
      terminates employment prior to the date a bonus is paid, the Executive
      shall not be entitled to receive such bonus, and (b) in the event the
      Company terminates the Executive prior to the date a bonus is paid, the
      Executive shall be entitled to receive any earned but unpaid bonus which
      shall be paid within 30 days of

                                       4
<PAGE>

      the date the Executive's employment is terminated. Bonuses in any calendar
      year shall not confer any right upon the Executive to be considered for or
      to receive a bonus in any subsequent calendar year. The Employer reserves
      the right to amend the terms of any bonus scheme from time to time.

7.    PENSION SCHEME

7.1   The Executive shall be entitled to participate in any retirement schemes
      as are provided to members of senior management of the Company from time
      to time; provided, however, that the parties hereto acknowledge and agree
      that the Executive will be entitled to participate in a retirement plan
      that permits employee elective deferrals or a similar defined contribution
      plan as is customary in the Executive's location of employment, to the
      extent such plan can be established by the Company or iCurie, Inc. without
      undue costs, as determined by the Board of the Company or iCurie, Inc.

8.    OTHER BENEFITS

      8.1   The Executive is entitled to membership of the following schemes
            (each referred to below as an "INSURANCE SCHEME"):

      8.1.1 a medical expenses insurance scheme providing such cover for the
            Executive and his spouse and children under the age of eighteen (18)
            as the Company may from time to time notify to him;

      8.1.2 a life insurance scheme under which a lump sum benefit shall be
            payable on the Executive's death while the Agreement continues; the
            benefit of which shall be paid to such dependants of the Executive
            or other beneficiary as the trustees of the scheme select at their
            discretion, after considering any beneficiaries identified by the
            Executive in any expression of his wishes delivered to the trustees
            before his death. The benefit is equal to four (4) times the
            Executive's basic annual salary at his death but basic annual salary
            for this purpose shall not exceed the Inland Revenue limits; and

      8.1.3 a personal accident insurance scheme providing such cover for the
            Executive as the Company may from time to time notify to him.

8.2   Benefits under any insurance scheme shall be subject to the rules of the
      scheme(s) and the terms of any applicable insurance policy and are
      conditional upon the Executive complying with and satisfying any
      applicable requirements of the insurers. Copies of these rules and
      policies and particulars of the requirements shall be provided to the
      Executive on request. The Company shall not have any liability to pay any
      benefit to the Executive under any insurance scheme unless it receives
      payment of the benefit from the insurer under the scheme.

8.3   Any insurance scheme which is provided for the Executive is also subject
      to the Company's right to alter the cover provided or any term of the
      scheme or to cease to provide (without replacement) the scheme at any time
      if in the opinion of the Board the state of health of the Executive is or
      becomes such that the Company is unable to insure

                                       5
<PAGE>

      the benefits under the scheme at the normal premiums applicable to a
      person of the Executive's age.

8.4   The provision of any insurance scheme does not in any way prevent the
      Company from terminating this Agreement in accordance with the provisions
      of this Agreement even if to do so would deprive the Executive of
      membership of or cover under any such scheme.

9.    HOUSING/ COMPANY CAR

9.1   The executive shall be provided with a monthly housing allowance for 12
      months if the Executive is required to relocate to London, England. Such
      monthly allowance shall be in an amount reasonably determined by the Board
      of the Company, taking into account customary housing allowances provided
      to non-United Kingdom citizens who (i) are required to relocate to London,
      England, and (ii) are executives of similar level in companies of similar
      size as the Employer.

9.2   The Company shall provide the Executive with a car allowance in the amount
      of $350 per month; provided, however, that in the event the Executive is
      required by the Company to relocate out of the Executive's current country
      of residence, such allowance shall increase to $750 per month during the
      period of such relocation.

9.3   The Company shall pay all normal servicing, insurance and running expenses
      in relation to the car and all fuel expenses incurred by the Executive in
      the performance of his duties.

9.4   The Executive shall take good care of the car and shall observe the terms
      and conditions of the insurance policy relating to it.

9.5   The Executive shall inform the Company immediately if he is disqualified
      from holding a driving license and the Executive shall not have use of a
      car during any period of disqualification. The Executive shall have no
      entitlement during any such period to the car allowance.

10.   EXPENSES

      The Employer shall reimburse or procure that the Executive is reimbursed:

10.1  all reasonable traveling, hotel and other expenses wholly and necessarily
      incurred by him in the performance of his duties under this Agreement; and

10.2  the cost of subscription to all professional bodies to which he is obliged
      to belong in order to maintain his professional qualifications on
      production of appropriate receipts, if required, by the Employer.

11.   HOLIDAYS

11.1  The Executive is entitled to holiday days with pay every calendar year in
      addition to public holidays as follows:

                                       6
<PAGE>

      Year 1: 20 days

      Year 2: 20 days

      The Employer's holiday year runs from January 1 to December 31.

11.2  The Executive's holiday entitlement is inclusive of his statutory
      entitlement which, to the extent applicable, is twenty (20) days per
      annum. When calculating the Executive's statutory entitlement bank and
      public holidays are taken into account. The statutory entitlement cannot
      be carried over from one holiday year to the next and no pay in lieu can
      be made to the Executive.

11.3  During the first year of the Executive's employment the Executive's
      statutory holiday entitlement, to the extent applicable, will accrue pro
      rata monthly in advance. Where this calculation results in fractions of
      days the amount of leave which can be taken is rounded up to the next half
      day. Any rounded up element is deducted from the leave remaining.

11.4  Save as provided for in clause 11.3 above, the Executive's entitlement to
      holiday accrues pro rata throughout each holiday year (disregarding
      fractions of days). The Executive will be deemed to have taken any
      statutory holiday first.

11.5  Any entitlement to holiday over and above any statutory entitlement
      remaining at the end of any holiday year shall lapse and no payment in
      lieu will be made for accrued untaken holiday/may be carried forward to
      the next holiday year but no further/will be paid in lieu.

11.6  If the Executive has taken holiday in excess of his entitlement on
      termination of employment he will be required to give account for it and
      the Company will make a deduction from his final salary payment
      accordingly. If the Executive has accrued holiday owing to him, the
      Employer may at its discretion, require him to take the outstanding
      holiday during any notice period or make a payment in lieu of it.

11.7  If the Executive's employment is terminated without notice, he will not be
      entitled to holiday pay for holiday which would have accrued during the
      notice period, had he continued to be employed throughout that time.

11.8  There are no formal notice requirements for taking holiday but the
      Executive is expected to take his holiday at a time or times convenient to
      the Employer.

12.   ILLNESS

12.1  The Executive shall continue to be paid during sickness absence (such
      payment to be inclusive of any statutory sick pay or social security
      benefits to which he may be entitled) for a total of up to ten (10) days
      per calendar year.

12.2  Thereafter the Executive shall continue to be paid salary at the
      discretion of the Employer.

                                       7
<PAGE>

12.3  The Executive will cease to accrue holiday, subject to any entitlement
      under the applicable law if he has been absent due to sickness, for four
      (4) consecutive weeks or more.

12.4  If the Executive is incapable of performing his duties by reason of injury
      sustained wholly or partly as a result of negligence, nuisance or breach
      of any statutory duty on the part of a third party and the Executive
      recovers an amount by way of compensation for loss of earnings from that
      third party, he shall immediately pay that amount to the Company.

12.5  The Employer shall be entitled to require the Executive to undergo
      examinations by a medical adviser appointed or approved by the Employer
      and the Executive authorizes the medical adviser and/or will provide such
      consents as are necessary to disclose to the Employer the results of such
      examinations.

13.   RESTRICTIONS DURING EMPLOYMENT

13.1  During the continuance of his employment under this Agreement the
      Executive shall unless prevented by incapacity devote his whole time and
      attention to the business of the Employer and shall not without the prior
      written consent of the Board of the Company:

      13.1.1 engage in any other business; or

      13.1.2 be concerned or interested in any other business which is or shall
             be of a similar nature to or competitive with that carried on by
             the Employer or any Group Company or which is a supplier or
             customer of the Employer or Group Company in relation to its goods
             or services; or

      13.1.3 solicit the custom of, canvass, approach or deal with, in
             competition with the Employer or any Group Company, any person
             (including any company, firm, organization or other entity) to whom
             the Employer or any Group Company supplies services or goods or
             with whom the Employer or any Group Company is in negotiations or
             discussions regarding the possible supply of services or goods; or

      13.1.4 discourage any such person referred to in clause 13.1.3 above from
             conducting or continuing to conduct business with the Employer or
             any Group Company on the best terms available to the Employer or
             any Group Company; or

      13.1.5 induce or attempt to induce any director or senior employee of the
             Employer or any Group Company and with whom the Executive has
             material dealings in the course of his employment, to leave the
             employment of the Employer or any Group Company; or

      13.1.6 take any steps which impair or might reasonably be thought by the
             Employer, to impair the Executive's ability to act at all times in
             the best interests of the Employer;

                                       8
<PAGE>

      provided that nothing in this clause shall preclude the Executive from
      holding or being otherwise interested in any shares or other securities of
      any company which is publicly quoted or traded on a recognized investment
      exchange or quotation service so long as the interest of the Executive in
      such shares or other securities does not extend to more than five per cent
      (5%) of the total amount of such shares or securities.

13.2  If the Executive does, with the Company Board's written consent, carry out
      other work, he must notify the Board of the number of additional hours he
      is working. The Executive hereby represents and warrants, and the Employer
      hereby acknowledges, that the Executive does not have any approved outside
      assignments.

13.3  If during his employment under this Agreement the Executive shall cease to
      be a director of the Employer (otherwise than by reason of his death,
      resignation or disqualification pursuant to the articles of association of
      the Employer or by statute or court order) his employment shall continue
      and the terms of this Agreement (other than those relating to the holding
      of office of director) shall continue in full force and effect and the
      Executive shall have no claims against the Employer in respect of his
      ceasing to be a director.

14.   INTELLECTUAL PROPERTY

14.1  This clause shall continue in force after termination of this Agreement in
      respect of all Intellectual Property (as defined at 14.2) created by the
      Executive in the course of his employment by the Employer.

14.2  Any and all inventions, original works, technologies, reports, memoranda,
      studies, writings, articles, plans, designs, specifications, exhibits,
      software code, or other materials prepared by the Executive in his
      performance under this Agreement (the "Intellectual Property") shall be
      the exclusive property of the Company; and the Executive hereby assigns
      all right, title, and interest in the same to the Company. To the extent
      any of the Intellectual Property includes material subject to copyright
      protection, such materials have been specially commissioned by the. To the
      extent such material include material subject to copyright, patent, trade
      secret, or other proprietary rights protection, the Executive hereby
      irrevocably and exclusively assigns to the Company, its successors, and
      assigns, all right, title, and interest in and to all such materials. To
      the extent any of the Executive's rights in the same, including without
      limitation any moral rights, are not subject to assignment hereunder, the
      Executive hereby irrevocably and unconditionally waives all enforcement of
      such rights. The Executive shall execute and deliver such instruments and
      take such other actions as may be required to carry out and confirm the
      assignments contemplated by this section and the remainder of this
      Agreement. All documents, magnetically or optically encoded media, and
      other tangible materials created by the Executive as part of its services
      under this Agreement shall be owned by the Company.

14.3  Executive hereby irrevocably appoints the Company to be the Executive's
      attorney in the Executive's name to execute all documents and do all acts
      and things as may be necessary to grant the Company the full benefit of
      this clause.

                                       9
<PAGE>

15.   CONFIDENTIALITY

15.1  The Executive shall not (except in the proper performance of his duties)
      during or after his employment has ended divulge to any person or
      otherwise make use of (and shall use his best endeavors to prevent the
      publication or disclosure of) any trade secret or secret manufacturing
      process or any confidential information concerning the business or
      finances of the Employer or any Group Company or any of their dealings,
      transactions or affairs or any trade secret or secret manufacturing
      process or any such confidential information concerning any of their
      suppliers, agents, distributors or customers.

15.2  Confidential information includes, but is not limited to: information
      about the Employer disclosed to the Executive, known by the Executive or
      developed by the Executive, alone or with others, in connection with his
      engagement by the Employer, which is not generally known to the industry
      in which the Employer or any Group Company is or may become engaged about
      the Employer's or any Group Company's products, processes, and services,
      including but not limited to, information relating to investors, financial
      information of the Employer or Group Company, customers, sources of
      supply, personnel, sources or methods of financing, marketing, pricing,
      merchandising, interest rates, or sales.

15.3  The restrictions in clauses 15.1 and 15.2 shall not apply to information
      which:

      15.3.1 comes into the public domain otherwise than by a breach by the
             Executive of his obligations under this Agreement; or

      15.3.2 must be disclosed by any applicable law, to the extent of such
             required disclosure.

16.   DATA PROTECTION

16.1  The Executive acknowledges that the Employer and the Group will hold
      personal data relating to the Executive such data will include the
      Executive's employment application, address, references, bank details,
      performance appraisals, work, holiday and sickness records, next of kin,
      salary reviews, remuneration details and other records (which may, where
      necessary, include sensitive personal data relating to the Executive's
      health, and data held for equal opportunities purposes). The Employer will
      hold such personal data for personnel administration and management
      purposes and to comply with the obligations regarding the retention of
      Executive/worker records. The Executive's right of access to such data is
      as prescribed by law.

16.2  The Executive hereby undertakes and agrees that the Employer may process
      personal data relating to personnel administration and management
      purposes, and may, when necessary for those purposes, make such data
      available to its advisers, to third parties providing products and/or
      services to the Employer, (such as IT systems suppliers, pensions,
      benefits and payroll administrators) and as required by law. Further, the
      Executive hereby agrees that the Employer may transfer such data to and
      from any Group Company. By signing this Agreement, the Executive expressly
      consents to the collection, transfer and use of such data in accordance
      with this clause 16.

                                       10
<PAGE>

17.   MONITORING

17.1  The Executive acknowledges that the Employer and the Group may monitor
      messages sent and received via email, the Internet and voicemail systems
      to ensure that the Executive is complying with the Employer's policy for
      use by its employees of these systems.

18.   TERMINATION OF EMPLOYMENT

18.1  Notwithstanding clause 2.1 above, the Executive's employment may be
      terminated by either party giving to the other not less than six months
      notice in writing.

18.2  The Employer may at any time and in its absolute discretion terminate the
      Agreement with immediate effect and make a payment in lieu of notice. This
      payment shall comprise of the Executive's 6-month salary (at the rate
      payable when this option is exercised) and shall not include any un-earned
      bonus, pension contributions or any other benefits except for medical
      insurance, life insurance and housing for a period of 6 months (to the
      extent Executive was entitled to receive a housing allowance for such 6
      month period) and shall be subject to deductions for income tax and
      national insurance contributions as appropriate (the "Payment in Lieu").
      The Executive will not, under any circumstances, have any right to Payment
      in Lieu unless the Employer has exercised its option to pay in lieu of
      notice and the Executive has delivered a general release of Employer in
      the form and substance reasonably satisfactory to the Employer.

18.3  The Payment in Lieu may, at the Employer's sole discretion, be made at the
      times the Employer would have made payments to the Executive had notice
      been worked or, if notice has previously been given, at the times the
      Employer would have made payments to the Executive during the remainder of
      the period of notice. During any such period the Executive is required to
      keep the Employer informed on a monthly basis as to his earnings and the
      Executive agrees that the Employer may deduct any monies he earns during
      that period from the Payment in Lieu.

18.4  The employment of the Executive may be terminated by the Employer without
      notice or Payment in lieu of Notice if the Executive:

      18.4.1 is guilty of any serious misconduct that affects the interests of
             the Employer or any Group Company to which he is required to render
             services under this Agreement; or

      18.4.2 fails or neglects efficiently and diligently to discharge his
             duties or commits any serious or repeated breach or non-observance
             by the Executive of any of the provisions contained in this
             Agreement or the Executive's duties as an executive officer of
             iCurie, Inc.; or

      18.4.3 has an interim receiving order made against him, becomes bankrupt
             or makes any composition or enters into any deed of arrangement
             with his creditors; or

                                       11
<PAGE>

      18.4.4 is charged with any arrestable criminal offence (other than an
             offence under road traffic legislation for which a fine or
             non-custodial penalty is imposed); or

      18.4.5 is disqualified from holding office in another company by reason of
             an order of a court of competent jurisdiction; or

      18.4.6 shall become adjudicated mentally incompetent or become a patient
             under the United Kingdom Mental Health Act 1983; or

      18.4.7 is convicted of an offence under the United Kingdom Criminal
             Justice Act 1993 in relation to insider dealings or under any other
             present or future statutory enactment or regulations relating to
             insider dealings or similar offences under any U.S. or other law or
             regulation; or

      18.4.8 is in breach of the Model Code on directors' dealings in listed
             securities, including securities dealt on the OFEX trading facility
             and securities dealt on the Alternative Investment Market published
             by the London Stock Exchange Limited or the applicable rules and
             regulations of the United States securities laws and the
             regulations of any market or quotation service on which equity of
             iCurie, Inc. is listed or quoted; or

      18.4.9 ceases to be a director of the Employer or iCurie, Inc. otherwise
             than at the request, or with the prior consent, of the Employer or
             iCurie, Inc. as the case may be.

18.5  Any delay by the Employer in exercising the right to terminate without
      notice is not a waiver thereof.

19.   SUSPENSION AND GARDEN LEAVE

19.1  The Employer may suspend the Executive at its discretion on full pay to
      allow the Employer to investigate any complaint made against the Executive
      in relation to his employment with the Employer.

19.2  Provided the Executive continues to enjoy his full contractual benefits
      and receive his pay in accordance with this Agreement, the Employer may in
      its absolute discretion do all or any of the following during the notice
      period or any part of the notice period, after the Executive or the
      Employer has given notice of termination to the other, without breaching
      this Agreement or incurring any liability or giving rise to any claim
      against it:

      19.2.1 exclude the Executive from the premises of the Employer and/or the
             Group;

      19.2.2 require the Executive to carry out only specified duties
             (consistent with his status, role and experience) or to carry out
             no duties;

      19.2.3 announce to any or all of its employees, suppliers, customers and
             business partners that the Executive has been given notice of
             termination or has resigned (as the case may be);

                                       12
<PAGE>

      19.2.4 prohibit the Executive from communicating in any way with any or
             all of the suppliers, customers, business partners, employees,
             agents or representatives of the Employer or the Group until his
             employment has terminated except to the extent he is authorized to
             do so by the Board in writing;

      19.2.5 require the Executive to resign his directorship of any Group
             Company;

      19.2.6 require the Executive to comply with any other reasonable
             conditions imposed by the Employer.

      The Executive will continue to be bound by all obligations (whether
      expressed or implied) owed to the Employer under the terms of the
      Agreement or as an employee of the Company.

20.   RESIGNATION AND RETURN OF COMPANY PROPERTY

20.1  Upon the termination by whatever means of this Agreement the Executive
      shall:

      20.1.1 immediately resign from his office as a director of the Employer
             and from such offices held by him in any Group Company without
             claim for compensation; and

      20.1.2 immediately deliver to the Company all credit cards motor-cars,
             keys, computer media and other property, in whatever form, of or
             relating to the business of the Employer or of any Group Company
             which may be in his possession or under his power or control.

20.2  If the Executive fails to comply with clause 20.2.5 and 21.1.1 the Company
      is hereby irrevocably authorized to appoint some person in his name and on
      his behalf to sign and complete any documents or do any thing necessary to
      give effect to this clause.

20.3  The Executive shall not without the consent of the Employer at any time
      after the termination of this Agreement represent himself still to be
      connected with the Employer or any Group Company.

21.   RECONSTRUCTION OR AMALGAMATION

      If the employment of the Executive under this Agreement is terminated by
      reason of the liquidation of the Employer for the purpose of
      reconstruction or amalgamation and the Executive is offered employment
      with any concern or undertaking resulting from the reconstruction or
      amalgamation on terms and conditions not less favorable than the terms of
      this Agreement then the Executive shall have no claim against the Employer
      or any Group Company in respect of the termination of his employment under
      this Agreement.

22.   RESTRICTIONS

22.1  Definitions

      In this clause the following words shall have the following meanings:

                                       13
<PAGE>

      "TERMINATION DATE"

      the date on which the employment terminates;

      "PERSON"

      includes any individual, company, firm, organization or other entity;

      "AREA"

      any country where on the Termination Date the Employer or a Group Company
      was supplying goods and/or services;

      "CUSTOMER"

      any Person to whom the Employer or a Group Company supplied goods or
      services during the 6 months preceding the Termination Date and with whom
      at any time during such period the Executive was actively involved in the
      course of his employment;

      "PROSPECTIVE CUSTOMER"

      any Person with whom the Employer or a Group Company had negotiations or
      discussions regarding the possible supply of goods or services during the
      6 months immediately preceding the Termination Date and with whom at any
      time during such period the Executive was actively involved in the course
      of his employment.

22.2  In order to protect the goodwill, confidential information, trade secrets
      and business connections of the Employer or a Group Company the Executive
      covenants with the Employer (and as trustee for each Group Company) that:

      22.2.1 NON-COMPETITION

             the Executive shall not for a period of 9 months from the
             Termination Date directly or indirectly be interested or concerned
             in any business which is carried on in the Area and which:

             (a)   concerns the business of the Employer or any Group Company
                   and with which the Executive was actively involved at any
                   time during 6 months ending on the Termination Date; or

             (b)   is competitive or likely to be competitive with the business
                   of the Employer or a Group Company being carried on at the
                   Termination Date and with which the Executive was actively
                   involved during the 6 months ending on the Termination Date.

             For this purpose, the Executive is concerned in a business if:

                                       14
<PAGE>

             (c)   he carries it on as principal or agent; or

             (d)   he is a partner, director, employee, secondee, consultant or
                   agent in, of or to any Person who carries on the business; or

             (e)   he has any direct or indirect financial interest (as
                   shareholder or otherwise) in any Person who carries on the
                   business.

      22.2.2 NON-SOLICITATION

             the Executive shall not for a period of 9 months from the
             Termination Date directly or indirectly:

             (a)   canvass or solicit business or approach any Customer or
                   Prospective Customer in respect of goods of similar type to
                   those being manufactured or dealt in or services similar to
                   those being provided by the Employer or a Group Company as at
                   the Termination Date;

             (b)   seek to do business or deal with any Customer or Prospective
                   Customer in respect of goods of similar type to those being
                   manufactured or dealt in or services similar to those being
                   provided by the Employer or a Group Company as at the
                   Termination Date;

             (c)   canvass or solicit business from or make an approach to any
                   supplier of the Employer or a Group Company with whom the
                   Executive was actively involved during the 6 months ending on
                   the Termination Date to cease to supply, or to restrict or
                   vary the terms of supply to the Employer or a Group Company
                   or otherwise interfere with the relationship between such a
                   supplier and the Employer or a Group Company; or

             (d)   accept employment with or act as consultant for any customer/
                   client.

      22.2.3 NON-POACHING

             the Executive shall not for a period of 9 months after the
             Termination Date directly or indirectly:

             (a)   induce or attempt to induce any employee of the Employer or a
                   Group Company who is engaged in any business activity carried
                   on by the Employer or a Group Company at the Termination Date
                   and with whom the Executive during the 6 months ending on the
                   Termination Date had dealings in the course of his
                   employment, to leave the employment of the Employer or a
                   Group Company (whether or not this would be a breach of
                   contract by that employee); or

             (b)   engage, attempt to engage, employ, attempt to employ or offer
                   employment or work (and in each case whether directly or
                   indirectly, including through an employment agency or other
                   intermediary) to any

                                       15
<PAGE>

                   employee of the Employer or a Group Company who is engaged in
                   any business activity carried on by the Employer or a Group
                   Company at the Termination Date and with whom the Executive
                   during the 6 months ending on the Termination Date had
                   dealings in the course of his employment.

22.3  The restrictions in this clause are considered by the parties to be
      reasonable and the validity of each sub-clause shall not be affected if
      any of the others is invalid. If any of the restrictions is void but would
      be valid if some part of the restriction were deleted, the restriction in
      question shall apply with such modification as may be necessary to make it
      valid.

22.4  The Executive acknowledges that the provisions of this clause are no more
      extensive than is reasonable to protect the Employer or the Group.

23.   SEVERABILITY

      If any of the provisions of this Agreement become invalid or unenforceable
      for any reason by virtue of applicable law the remaining provisions shall
      continue in full force and effect and the Employer and the Executive
      hereby undertake to use all reasonable endeavors to replace any legally
      invalid or unenforceable provision with a provision which will promise to
      the parties (as far as practicable) the same commercial results as were
      intended or contemplated by the original provision.

24.   THIRD PARTIES

      No third party shall have the right to enforce the provisions of this
      Agreement pursuant to the Contracts (Rights of Third Parties) Act 1999 or
      any other statutory or common law.

25.   NOTICES

25.1  Any notice required or permitted to be given under this Agreement shall be
      given in writing delivered personally or sent by first class post pre-paid
      recorded delivery (air mail if overseas) or by facsimile to the party due
      to receive such notice at, in the case of the Employer, both of the
      Company's and iCurie, Inc.'s registered offices from time to time and, in
      the case of the Executive, his address as set out in this Agreement (or
      such address as he may have notified to the Employer in accordance with
      this clause).

25.2  Any notice delivered personally shall be deemed to be received when
      delivered to the address provided in this Agreement and any notice sent by
      pre-paid recorded delivery post shall be deemed (in the absence of
      evidence of earlier receipt) to be received 2 days after posting and in
      proving the time of dispatch it shall be sufficient to show that the
      envelope containing such notice was properly addressed, stamped and
      posted. A notice sent by facsimile shall be deemed to have been received
      on receipt by the sender of confirmation in the transmission report that
      the facsimile had been sent.

                                       16
<PAGE>

26.   STATUTORY INFORMATION

      Schedule 1 to this Agreement sets out information required to be given to
      the Executive by the Employment Rights Act 1996, to the extent such Act
      applies to the Executive's employment hereunder.

27.   MISCELLANEOUS

27.1  This Agreement is governed by and shall be construed in accordance with
      the laws of England.

27.2  The parties to this Agreement submit to the non-exclusive jurisdiction of
      the English courts.

27.3  This Agreement contains the entire understanding between the parties and
      supersedes all previous agreements and arrangements (if any) relating to
      the employment of the Executive by the Employer (which shall be deemed to
      have been terminated by mutual consent), including without limitation, any
      previous employment contract or arrangement between the Executive and the
      Employer or any Group Company.

27.4  The Executive authorizes the Employer to deduct from any remuneration
      payable to the Executive under this Agreement any sums due from him to the
      Employer or any Group Company including the cost of repairing any damage
      to Employer or any Group Company property caused by the Executive and any
      loss suffered by the Employer or any Associated Company as a result of
      negligence or breach of duty by the Executive.

                                       17
<PAGE>

                                   SCHEDULE 1

       Statement Of Particulars Pursuant To The Employment Rights Act 1996

1     The Executive's period of continued employment with the Company commenced
      on June 1, 2005. A period of employment with a previous employer does not
      count as part of the Executive's continuous employment with the Employer.

2     There is no formal disciplinary or grievance procedure applicable to this
      position. Any grievance which the Executive wishes to exercise or any
      disciplinary action taken by the Employer will be dealt with by the
      Chairman of the Board. If the Executive is dissatisfied with any decision
      he can within five (5) working days of that decision appeal to the entire
      Board whose decision shall be final and binding. For the avoidance of
      doubt any disciplinary or grievance procedure does not form part of the
      Service Agreement.

3     The Executive may be required to work overseas for periods exceeding one
      (1) month but there are currently no particulars to be entered.

4     The Employer is not a party to any collective agreement which affects the
      Executive's employment.

5.    There is no contracting-out certificate in force.

<PAGE>

                                   SCHEDULE 2

Bonus Scheme - Calendar Year 2005 Bonus: maximum of $262,500 with fifty percent
(50%) of the amount due for each performance goal to be paid in cash and fifty
percent (50%) paid in unrestricted shares of common stock in iCurie, Inc.,
valued solely for bonus purposes and irrespective of fair market value at $0.88
per share, or the same number of options granted with a nominal exercise price
per share, and payable in February, 2006.

<TABLE>
<CAPTION>
                     Performance Goals                         Weight of Bonus
-----------------------------------------------------------    ---------------
<S>                                                            <C>
Successful execution of a definitive contract with Asia
Vital Components ("AVC") substantially similar to the terms     20% of Bonus
of the April, 2005 letter of intent with AVC.

Achieving the revenue targets set forth in the Private
Placement Memorandum of the Company dated May, 2005 ("PPM")     20% of Bonus

Successful execution of a commercial contract with Daan or
any other company in the display industry.                      20%  of Bonus

Shipments of commercial volumes to the display industry
exceed targets developed by the Compensation Committee of       40% of Bonus
the Board of iCurie, Inc., or if no such committee is
established, the Board of iCurie, Inc.
</TABLE>

Bonus Scheme - Calendar Year 2006 Bonus: maximum of $525,000 with fifty percent
(50%) of the amount due for each performance goal to be paid in cash and fifty
percent (50%) paid in unrestricted shares of common stock in iCurie, Inc.,
valued solely for bonus purposes and irrespective of fair market value at $0.88
per share, or the same number of options granted with a nominal exercise price
per share, and payable in February, 2007.

<TABLE>
<CAPTION>
                     Performance Goals                         Weight of Bonus
-----------------------------------------------------------    ---------------
<S>                                                            <C>
Achieving the pre-tax pre-dividend income levels set forth
in the PPM.                                                     50% of Bonus

Exceeding the revenue and income levels set forth in the
PPM.                                                            50% of Bonus
</TABLE>

<PAGE>

      In addition to the equity compensation payable as set forth above,
Executive will be entitled to the following equity compensation: (i) in the
event iCurie, Inc.'s 2006 revenue exceeds projections by at least 5%, options to
purchase that number of shares of common stock of iCurie, Inc. equal to 12.5% of
Executive's aggregate ownership of iCurie, Inc. equity as of the date hereof
(assuming full vesting of all warrants, options or restricted share grants) at
an exercise price of $1.10 per share, (ii) in the event iCurie, Inc.'s 2007
revenue exceeds projections by at least 5%, options to purchase that number of
shares of common stock of iCurie, Inc. equal to 12.5% of Executive's aggregate
ownership of iCurie, Inc. equity as of the closing of the date hereof (assuming
full vesting of all warrants, options or restricted share grants) at an exercise
price of $1.32 per share, and (iii) options equal to 25% of the number of shares
of common stock of iCurie, Inc. issuable pursuant to the Plan in the event
iCurie, Inc. revenues in 2006 or 2007 exceed projections by at least 25% at a
per share exercise price equal to the greater of $.88 or the 2006 volume
weighted average price per share of common stock of iCurie, Inc. (whether such
options are granted with respect to 2006 or 2007 revenues). All of the above
equity awards will vest annually over a three year period calculated
retroactively from the closing of the date hereof (for example, assuming a June
30, 2005 grant date, a 12.5% equity award in January 2007 for exceeding 2006
revenues would be 33.3% vested on the date of grant, with the remaining two -
thirds vesting on June 30, 2007 and June 30, 2008). Any earned but unvested
awards will vest in full upon the Executive's termination for any reason other
than as set forth in clause 18.4. The calculation of the Executive's equity
ownership for purposes of (iii) above shall not include 11,026,614 shares of
common stock issued or issuable to Executive.

                                       20
<PAGE>

"EMPLOYER"                                                 "EXECUTIVE"

ICURIE HOLDINGS LTD.                                       /s/ Jeong Hyun Lee
                                                           ---------------------
                                                               JEONG HYUN LEE

Signed: /s/ Hakan Wretsell
        ------------------

Print Name: Hakan Wretsell

Title: Chief Executive Officer

ICURIE LAB, INC.

Signed: /s/ Jeong Hyun Lee
        ------------------

Print Name: Dr. Jeong-Hyun Lee, Ph.D.

Title:______________________________

Signed in the presence of:

Witness signature: /s/ Chun Hye-Jun
                   ----------------

Name: Chun Hye-Jun

Address: 3rd Floor Joyang Bldg 28-1 Seokchon Dong
           Songpa Gu Seoul, Korea

Occupation: Secretary

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