Document:

EXHIBIT
10.15

    

    EMPLOYMENT
AGREEMENT

     

    THIS
EMPLOYMENT AGREEMENT (the “Agreement”) is made and entered into this 22nd day of
December, 2009 by and between RBC Life Sciences, Inc. (“Employer”) located at
2301 Crown Court, Irving, Texas 75038 and Kenneth L. Sabot (“Employee”),
residing at 7201 Summitview Drive, Irving, Texas 75063.

     

    WITNESSETH:

     

    WHEREAS,
Employer is engaged in, among other businesses, the international distribution
of nutritional supplements and personal care products through the network
marketing distribution model, and the distribution of wound care and oncology
care products; and

     

    WHEREAS,
Employee is employed by Employer under an existing employment agreement that
terminates by its terms December 31, 2009; and

     

    WHEREAS,
Employer desires to employ Employee, and Employee desires to accept employment
with Employer, on the terms and conditions set forth in this
Agreement;

     

    NOW,
THEREFORE, in consideration of the mutual covenants and promises set forth in
this Agreement, Employer and Employee hereby agree as follows:

     

    Section
1.  Effective Date and Purpose.  The effective date of this
Agreement shall be January 1, 2010 (the “Effective Date”).  This
Agreement sets forth the terms and conditions of Employee’s employment with
Employer on and after the Effective Date during the term hereof.

     

    Section
2.  Employment
Title and Duties.  Employer shall employ Employee in the
capacity of Senior Vice President, Operations.  In this capacity,
Employee shall have the responsibility to perform all duties that are
customarily performed by one holding that position in other, same, or similar
businesses or enterprises as that engaged in by Employer.  Employee accepts
this employment, subject to the general supervision and pursuant to the orders
and direction of Employer’s Chief Executive Officer (the
“CEO”).  Employee shall also render such other and services and
duties, consistent with such capacity, as may be assigned from time to time by
the CEO.

     

    Section
3.  Compensation
of Employee.  Employer shall pay Employee, in full payment for
Employee’s services and covenants under this Agreement, the following
compensation:

     

    
      	
               
      

            	
              a.

            	
              Salary.  During
      his employment pursuant to this Agreement, Employee’s annual base salary
      shall be $244,127.00 payable bi-weekly in equal payments of $9,389.50 in
      accordance with Employer’s customary payroll
      practices.  Employee’s annual base salary may be increased
      during the term of this Agreement subject to business conditions and
      Employee’s performance, as recommended by the CEO to the Compensation
      Board of the Employer’s Board of Directors. Compensation Committee and the
      CEO shall review and make a joint decision in accordance with the
      Compensation Committee Charter.

            

    

     

    
      	
               
      

            	
              b.

            	
              Incentive
      Bonus.  The Board of Directors (the “Board”) will
      maintain a discretionary annual cash incentive bonus program each year
      during the term of this Agreement.  The Committee shall
      determine in its discretion whether any annual incentive bonus will be
      payable for any year to Employee based on business-related factors deemed
      appropriate by the Board for a particular year.  Any annual
      incentive bonus payable to Employee will be paid in a lump sum payment in
      the year immediately following the year to which the bonus relates and
      will be paid only if Employee is employed by the Company on the date the
      bonus is paid.

            

    

     

    
      
         

      

      
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    If at the
end of the year in which employment is terminated, other than for “Cause”, the
employee would have received a bonus, Employee will be paid a prorata share for
the full months of actual employment in that year payable at the time the
bonuses for that year are paid to eligible employees.

     

    
      	
               
      

            	
              c.

            	
              Health
      and Welfare Benefits.  During his employment, Employee
      shall be eligible to participate in the health and welfare benefit plans
      and programs offered from time to time by Employer for its similarly
      situated employees, upon the terms and subject to conditions of such plans
      and programs.

            

    

     

    Section
4.  Best
Efforts of Employee.  Employee agrees to perform all of the
duties pursuant to the express and implicit terms of this Agreement to the
reasonable satisfaction of Employer.  Employee further agrees to
perform such duties faithfully and to the best of his ability, talent, and
experience.

     

    Section
5.  Place of
Employment.  Employee shall render such duties at 2301 Crown
Court, Irving, Texas 75038 and at such other places as Employer shall in good
faith require or as the interest, needs, business, or opportunity of Employer
shall require.

     

    Section
6.  Non-Competition
with Employer during Employment.  Employee shall devote all his
time, attention, knowledge, and skills solely to the business and interest of
Employer, and Employer shall be entitled to all of the benefits and profits
arising from the work of Employee.  Employee shall not, during his
employment under this Agreement, perform services for or be interested directly
or indirectly, in any manner, as partner, officer, director, shareholder,
advisor, consultant, employee, or in any other capacity in any other business
similar to Employer’s business, any allied trade, or any business offering a
competing or alternative product or service. However, nothing contained in this
section shall prevent or limit Employee from continuing to receive the benefits
of relationships previously disclosed and approved by the CEO in writing or
investing in the capital stock or other securities of any corporation whose
stock or securities are publicly owned and traded on any public exchange, nor
shall anything contained in this Section 6 prevent or limit Employee from
investing in real estate.

     

    Section
7.  Confidentiality
and Nondisclosure.  Employer promises to disclose to Employee
and Employee acknowledges that in and as a result of his employment by Employer,
he will receive, be making use of, acquiring, and/or adding to confidential
information of a special and unique nature and value relating to such matters as
Employer’s trade secrets and proprietary and confidential business information,
including but not limited to, its unique business methods and strategies,
processes, product and design development, programs and programming codes,
pricing methods, operating techniques and practices, operating and production
costs, corporate financial information, customer requirements, customer and
supplier information, potential customer lists and marketing techniques,
systems, procedures, manuals, confidential reports, the equipment and methods
used and preferred by its customers and the fees paid by them, and compilations
of information, records, and specifications (all of which are referred to
collectively herein as “Confidential Matters”).  Employee further
agrees that if a third party (e.g., vendors, customers and manufacturers)
contracts with Employer, the information obtained or received from a third party
including, but not limited to, its patents, copyrights, proprietary information,
trade secrets, systems, product development, procedures, manuals, and
confidential reports will be treated in the same manner and subject to the same
protection as other Confidential Matters.

     

    Employee
acknowledges that Employer does not voluntarily disclose Confidential Matters,
but rather takes precautions to prevent their dissemination except pursuant to
suitable confidentiality safeguards.  Employee further acknowledges
that Confidential Matters (1) are secret and not known in the industry;
(2) have been and will be entrusted to Employee because Employee is a
fiduciary of Employer; (3) have been and will be developed by Employer
and/or Employee for and on behalf of Employer through substantial expenditures
of time, effort, and money and are and will be used in Employer’s business;
(4) give Employer an opportunity to obtain an advantage over competitors
who do not know or use the Confidential Matters; and (5) are of such value
and nature as to make it reasonable and necessary for Employee and Employer to
protect and preserve the confidentiality and secrecy of the Confidential
Matters.

     

    
      
         

      

      
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    Employee
acknowledges and agrees that the Confidential Matters are valuable, special, and
unique assets of Employer, the disclosure of which could cause substantial
injury and loss of profits and good will to Employer.  The
Confidential Matters to be prepared or compiled by Employee and/or Employer or
furnished to Employee prior to or during Employee’s term as an employee of
Employer shall be the sole and exclusive property of Employer.  Upon
the separation of Employee’s employment with Employer, all documents and things
related to Confidential Matters shall be returned to Employer as soon as
practicable and none shall be retained by Employee, including any
copies.

     

    As a
condition of employment and continued employment, Employee shall keep
confidential all such confidential and proprietary information that Employee
learns or acquires as a result of his employment with Employer, and shall not at
any time except as necessary to conduct the business of Employer, directly or
indirectly make known, divulge, use, furnish, or reveal to any person, firm,
company, corporation, or anyone else any of the Confidential Matters or any
knowledge or information with respect thereto, or otherwise use such information
for any purpose whatsoever.  Employee promises that Employee will take
all steps necessary to safeguard all Confidential Matters and to prevent their
use, disclosure, or dissemination to any other person or entity except as
necessary to conduct the business of Employer.

     

    Employee
further agrees that in the event Employee is subpoenaed, served with any legal
process or notice, or otherwise requested to produce or divulge, directly or
indirectly, any Confidential Matters by any entity, agency, or person in any
formal or informal proceeding, including, but not limited to, any interview,
deposition, administrative or judicial hearing, and/or trial, upon Employee’s
receipt of such subpoena, process, notice, or request, Employee shall
immediately notify and deliver a copy of the subpoena, process, notice, or
request to the Board.  Employee further irrevocably nominates,
constitutes, and appoints Employer (specifically including any attorney retained
by Employer) as Employee’s true and lawful attorney-in-fact, to act in
Employee’s name, place, and stead to do and perform any act which Employee might
perform, including to institute, prosecute, defend, quash, compromise, settle,
arbitrate, release, and dispose of any and all legal, equitable, or
administrative hearings, actions, suits, attachments, subpoenas, claims, levies,
or other proceedings, or otherwise engage in or defend any and all litigation in
connection with or relating to any request to disclose, directly or indirectly,
any Confidential Matters; provided, however, that Employer shall be under no
obligation to act as Employee’s attorney-in-fact and may decline to do so upon
written notice to Employee.

     

    Section
8.  Term.  This
Agreement shall be effective for a period of one (1) year beginning on January
1, 2010 and ending on December 31, 2010.

     

    Section
9.  Termination
of Employment.

     

    
      	
               
      

            	
              a.

            	
              Termination
      by Employer for Cause.  Employer may immediately
      terminate the employment of Employee under this Agreement for “Cause” (as
      defined below) at any time by giving written notice of termination to
      Employee without prejudice to any other remedy to which Employer may be
      entitled either at law, in equity, or under this Agreement.  In
      this case, Employee will be paid his monthly base salary up to the date of
      his termination of employment and shall not be entitled to any other
      compensation or benefits under this
Agreement.

            

    

     

    For
purposes of this Agreement, “Cause” shall mean, in each case, as reasonably
determined by the Board:  (i) conviction of, or entry of a pleading of
guilty or no contest by, Employee with respect to a felony or any lesser crime
of which fraud or dishonesty is a material element, (ii) Employee’s willful and
continued failure to perform his duties with Employer, or a failure to follow
the lawful direction of the Board after the Board delivers a written demand for
performance and Employee neglects to cure such a failure to the reasonable
satisfaction of the Board within 15 days after receipt of the demand, (iii)
Employee’s failure to comply with applicable laws with respect to the execution
of Employer’s business operations or his material breach of Sections 6 or 7 of
this Agreement, (iv) Employee’s theft, fraud, embezzlement, dishonesty, or
similar conduct which has resulted or is reasonably likely to result in material
damage to Employer or any of its affiliates or subsidiaries, or (v) Employee’s
habitual intoxication or continued abuse of illegal drugs which interferes with
Employee’s ability to perform his assigned duties and
responsibilities.

     

    
      
         

      

      
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              b.

            	
              Termination
      by Employee for Good Reason or Termination by Employer Without
      Cause.  Employee may terminate his employment under this
      Agreement for “Good Reason” (as defined below) at any time by giving
      written notice of termination to Employer without prejudice to any other
      remedy to which Employee may be entitled either at law or in equity under
      this Agreement and Employer may terminate Employee’s employment under this
      Agreement at any time for any reason other than Cause or as described in
      Section 9.c. or Section 9.d. of this Agreement by giving written notice of
      such termination to Employee.  If Employee’s employment under
      this agreement is terminated by Employee for Good Reason or by Employer
      for a reason other than Cause or as described in Section 9.c. or Section
      9.d. of this Agreement and Employee executes a general release in the form
      provided to Employee by the Company (the “Release”) within 30 days
      following the date of his termination of employment (the “Termination
      Date”) and does not revoke the Release during any applicable revocation
      period, Employee shall be paid an amount equal to the greater of (i) his
      monthly base salary through the last day of the term of this Agreement or
      (ii) his monthly base salary for a period of six (6) months as severance
      pay following the Termination Date payable, in each case, for a period of
      twelve (12) months in substantially equal payments in accordance with
      Employer’s normal payroll practices and commencing, subject to the payment
      timing provisions of Section 10.b., on the first regularly scheduled
      payroll date of Employer following the expiration of 45 days after the
      Termination Date, plus an amount equal to his accrued,
      unused  vacation and personal time of “PTO”) paid in a single
      lump sum payment on the first regularly scheduled payroll date of Employer
      following the Termination Date.  The form of the Release will be
      provided to Employee by Employer not later than five (5) days following
      Employee’s Termination Date.  The amounts paid shall be reduced
      by all amounts withheld and deducted pursuant to Section 20.  No
      benefits, bonuses, PTO, or other forms of compensation, except for the
      severance payments and accrued PTO described in this Section 9.b., will be
      paid to Employee or accrued for the severance payment
      period.  Payments under this Section 9.b. shall cease if during
      the term of the payments Employee violates the provisions of Section 7 or
      Section 13.

            

    

     

    For
purposes of this Agreement, the term “Good Reason” shall mean: (i) a
material breach by Employer of this Agreement; or (ii) a material
diminution of Employee’s authority, duties, or responsibilities as in effect
immediately after the Effective Date of this Agreement; provided, however that
Employee must provide notice to Employer of the condition described in clause
(i) or (ii) above, as applicable, within ninety (90) days of the initial
existence of the condition, upon the notice of which Employer shall have a
thirty (30) day period during which it may remedy the condition.

     

    
      	
               
      

            	
              c.

            	
              Death
      of Employee.  This Agreement shall be deemed terminated
      as of the date of Employee’s death.  In this case, Employer
      shall pay to employee’s estate Employee’s monthly base salary as provided
      in this Agreement up to the Termination Date, plus Employee’s accrued,
      unused PTO, payable, in each case, in accordance with Employer’s customary
      payroll practices.

            

    

     

    
      	
               
      

            	
              d.

            	
              Disability
      of Employee.   Should Employee be unable to perform
      his duties under this Agreement by reason of inability to perform the
      essential functions of the position for a period of six (6) months, as
      determined by the Board in its sole discretion, Employer shall have the
      right to terminate this Agreement upon written notice to
      Employee.  During the six-month period that Employee fails to
      perform his duties as a result of his inability to perform the essential
      functions of the position, Employer will continue to pay Employee
      Employee’s monthly base salary based on its customary payroll practices,
      reduced by any disability payments received by Employee from a disability
      program made available by Employer, and Employee shall be treated as on a
      bona fide leave of absence.  On the Termination Date, Employee
      shall be paid his accrued, unused PTO.  The amounts paid shall
      be reduced by all amounts withheld and deducted pursuant to Section
      20.

            

    

     

    
      
         

      

      
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              e.

            	
              Early
      Termination by Employee.  Should Employee terminate his
      employment prior to the end of the term of this Agreement, other than for
      Good Reason, death or disability, Employee shall be paid his monthly base
      salary and unused, accrued PTO up to the Termination Date, and shall not
      be entitled to any other compensation or benefits under this Agreement,
      except per Incentive Bonus Section
3.b.

            

    

     

    Section
10.  Additional
Termination Provisions.

     

    
      	
               
      

            	
              a.

            	
              Separation
      from Service.  Notwithstanding anything to the contrary
      in this Agreement, with respect to any amounts payable to Employee under
      this Agreement in connection with a termination of Employee’s employment
      that would be considered “non-qualified deferred compensation” under
      Section 409A of the Internal Revenue Code of 1986, as amended (the
      “Code”), in no event shall a termination of employment be considered to
      have occurred under this Agreement unless such termination constitutes
      Employee’s “separation from service” with Employer as such term is defined
      in Treasury Regulation Section 1.409A-1(h) and any successor provision
      thereto (“Separation from
Service”).

            

    

     

    
      	
               
      

            	
              b.

            	
              Section
      409A Compliance.  Notwithstanding anything contained in
      this Agreement to the Contrary, to the maximum extent permitted by
      applicable law, the severance payments payable to Employee pursuant to
      Section 9 shall be made in reliance upon Treasury Regulation Section
      1.409A-1(b)(9)(iii) (relating to separation pay plans) or Treasury
      Regulation Section 1.409A-1(b)(4) (relating to short-term
      deferrals).  However, to the extent any such payments are
      treated as “non-qualified deferred compensation” subject to Section 409A
      of the Code, and if Employee is deemed at the time of his Separation from
      Service to be a “specified employee” for purposes of Section
      409A(a)(2)(B)(i) of the Code, then to the extent delayed commencement of
      any portion of the benefits to which Employee is entitled under this
      Agreement is required in order to avoid a prohibited payment under Section
      409A(a)(2)(B)(i) of the Code, such portion of Employee’s termination
      benefits shall not be provided to Employee prior to the earlier of
      (i) the expiration of the six-month period measured from the date of
      Employee’s Separation from Service or (ii) the date of Employee’s
      death.  Upon the earlier of such dates, all payments deferred
      pursuant to this Section 10.b. shall be paid in a lump sum to
      Employee.  The determination of whether Employee is a “specified
      employee” for purposes of Section 409A(a)(2)(B)(i) of the Code as of the
      time of his Separation from Service shall made by the Employer in
      accordance with the terms of Section 409A of the Code and applicable
      guidance thereunder (including without limitation Treasury Regulation
      Section 1.409A-1(i) and any successor provision
  thereto).

            

    

     

    Section
11.  Section
409A; Separate Payments.  This Agreement is intended to be
written, administered, interpreted and construed in a manner such that no
payment or benefits provided under the Agreement become subject to (a) the
gross income inclusion set forth within Section 409A(a)(1)(A) of the Code or
(b) the interest and additional tax set forth within Section 409A(a)(1)(B)
of the Code (collectively, “Section 409A Penalties”), including, where
appropriate, the construction of defined terms to have meanings that would not
cause the imposition of Section 409A Penalties.  In no event shall
Employer be required to provide a tax gross-up payment to Employee or otherwise
reimburse Employee with respect to Section 409A Penalties.  For
purposes of Section 409A of the Code (including, without limitation, for
purposes of Treasury Regulation Section 1.409A-2(b)(2)(iii)), each payment that
Employee may be eligible to receive under this Agreement shall be treated as a
separate and distinct payment and shall not collectively be treated as a single
payment.

     

    Section
12.  In-kind
Benefits and Reimbursements.  Notwithstanding anything to the
contrary in this Agreement, in-kind benefits and reimbursements provided under
this Agreement during any tax year of Employee shall not affect in-kind benefits
or reimbursements to be provided in any other tax year of Employee and are not
subject to liquidation or exchange for another
benefit.  Notwithstanding anything to the contrary in this Agreement,
reimbursement requests must be timely submitted by employee and, if timely
submitted, reimbursement payments shall be made to Employee as soon as
administratively practicable following such submission, but in no event later
than the last day of Employee’s tax year following the taxable year in which the
expense was incurred.  This paragraph shall apply only to in-kind
benefits and reimbursements that would result in taxable compensation income to
Employee.

     

    
      
         

      

      
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    Section
13.  Post
Employment Non-Compete.  As a material inducement for
receiving,  the trade secrets and confidential and proprietary
information described in Section 7 and other good and valuable consideration,
Employee agrees that during the term of his employment and for a period of
twelve (12) months after the separation date of Employee’s employment with
Employer, for whatever reason:

     

    
      	
               
      

            	
              a.

            	
              Employee
      shall not, directly or indirectly, without written approval of the CEO,
      solicit or induce, or attempt to solicit or induce, any current customer
      (defined as all customers of Employer within the 12 months preceding
      Employee’s separation of employment) or employee of Employer to alter,
      leave or cease their relationship with Employer, for any reason
      whatsoever,

            

    

     

    
      	
               
      

            	
              b.

            	
              In
      an executive, financial, sales, or operational capacity, Employee shall
      not, directly or indirectly, without written approval of the CEO, accept
      employment from or provide competitive services or assistance to any
      current customer of Employer with whom Employee has had any contact during
      his employment with Employer; and

            

    

     

    
      	
               
      

            	
              c.

            	
              Employee
      shall not solicit or attempt to solicit Employer’s current customers with
      whom Employee has had any contact during his employment with Employer to
      purchase services or products that are competitive with those marketed,
      offered for sale and/or under any stage of development by Employer as of
      the date of Employee’s separation from
Employer.

            

    

     

    Notwithstanding
the foregoing provisions, Employer shall not unreasonably restrict Employee’s
ability to serve on boards of directors of other companies.

     

    Section
14.  Indemnity.  Employer
shall indemnify Employee and hold Employee harmless for any acts or decisions
made by Employee in good faith and that were reasonably believed to be in the
best interest of Employer while performing services for
Employer.  Employer will use its reasonable best efforts, to maintain
Director and Officer insurance coverage in the amount of not less than
$1,000,000 for Employee under an insurance policy covering the officers and
directors of Employer against lawsuits.  Employer shall pay all
reasonable expenses, including attorney’s fees, actually and necessarily
incurred by Employee in connection with any appeal thereon, including the cost
of court settlements.  Notwithstanding the preceding sentence,
(i) the obligations of Employer shall be subject to the condition that the
Board shall not have determined based on advice from its legal counsel that
Employee would not be permitted to be indemnified under applicable law, and
(ii) the obligation of Employer to make an expense or fee advance pursuant
to this Section 14 shall be subject to the condition that, if, when and to
the extent that the Board determines that Employee would not be permitted to be
so indemnified under applicable law, Employer shall be entitled to be reimbursed
by Employee (who hereby agrees to reimburse Employer) for all such amounts
theretofore paid (it being understood and agreed that the foregoing agreement by
Employee shall be deemed to satisfy any requirement that Employee provide
Employer with an undertaking to repay any advancement of fees or expenses if it
is ultimately determined that Employee is not entitled to indemnification under
applicable law); provided, however, that if Employee has commenced or thereafter
commences legal proceedings in a court of competent jurisdiction to secure a
determination that Employee should be indemnified under applicable law, any
determination made by the Board that Employee would not be permitted to be
indemnified under applicable law shall not be binding and Employee shall not be
required to reimburse Employer for any expense advance until a final judicial
determination is made with respect thereto (as to which all rights of appeal
therefrom have been exhausted or have lapsed).  This undertaking by
Employee to repay such expense advance shall be unsecured and
interest-free.

     

    Section
15.  Effect of
Partial Invalidity.  The invalidity of any portion of this
Agreement shall not affect the validity of any other provision.  In
the event that any provision of this Agreement is held to be invalid, the
parties agree that the remaining provisions shall remain in full force and
effect.

     

    Section
16.  Entire
Agreement.  This Agreement contains the complete Agreement
between the parties and shall supersede all other agreements, either oral or
written, between the parties.  The parties stipulate that neither of
them has made any representations except as are specifically set forth in this
Agreement and each of the parties acknowledges that they have relied on their
own judgment in entering into this Agreement.

     

    
      
         

      

      
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    Section
17.  Successors
and Assigns; Survival of Rights and Obligations.

     

    
      	
               
      

            	
              a.

            	
              Binding
      Agreement; Employee’s Personal Agreement.  This Agreement
      shall be binding upon and inure to the benefit of Employee’s and his heirs
      and legal representatives and Employer and its successors and
      assigns.  Employee’s rights and obligations under this Agreement
      are personal and may not be assigned or transferred in whole or in part by
      Employee (except that his rights may be transferred upon his death by
      will, trust, or the laws of
intestacy).

            

    

     

    
      	
               
      

            	
              b.

            	
              Employer’s
      Successor.  Employer will require any successor to all or
      substantially all of the business and assets of Employer (whether direct
      or indirect, by purchase, merger, consolidation or otherwise) to expressly
      assume and agree to perform this Agreement in the same manner and to the
      same extent that Employer would be required to perform it if no such
      succession had taken place; except that no such assumption and agreement
      will be required if the successor is bound by operation of law to perform
      this Agreement.  In this Agreement, “Employer” shall include any
      successor to Employer’s business and assets that assumes and agrees to
      perform this Agreement (either by agreement or by operation of
      law).

            

    

     

    
      	
               
      

            	
              c.

            	
              Survival.  The
      respective rights and obligations of Employer and Employee under this
      Agreement (including Sections 7, 9, 10, 11, 13, 14 and 17) shall survive
      the expiration or termination of the Agreement to the extent necessary to
      give full effect to those rights and
  obligations.

            

    

     

    Section
18.  Notices.  All
notices, requests, demands, and other communications shall be in writing and
shall be given by registered or certified mail, postage prepaid, to the
addresses shown on the first page of this Agreement, or to such subsequent
addresses as the parties shall so designate in writing.

     

    Section
19.  Dispute
Resolution.

     

    
      	
               
      

            	
              a.

            	
              Arbitration.  The
      exclusive remedy or method of resolving all disputes or questions arising
      out of or relating to this Agreement (including its expiration or
      termination) or the expiration or termination of Employee’s employment
      hereunder (“Disputes”) shall be arbitration held in Dallas,
      Texas.  Nevertheless, although disputes or questions arising out
      of or relating to Sections 6, 7 and 13 shall be subject to arbitration,
      Employer shall not be precluded from also seeking and obtaining injunctive
      relief from any court of proper jurisdiction to enforce or protect its
      rights under Sections 6, 7 and 13. Any arbitration may be requested or
      initiated by a party to the Dispute by written notice to the other party
      or parties to the Dispute specifying the subject of the requested
      arbitration and preparing the name of an arbitrator (“Arbitration
      Notice”).

            

    

     

    
      	
               
      

            	
              b.

            	
              Arbitrators.  Arbitration
      shall be before a single arbitrator agreed upon by Employer and Employee
      (collectively, the “Parties”).  If the Parties are unable to
      agree upon the selection of an arbitrator, then the Parties shall request
      that the American Arbitration Association in Dallas, Texas appoint an
      arbitrator.

            

    

     

    
      	
               
      

            	
              c.

            	
              Award
      and Costs.  The arbitration proceeding shall be conducted
      in accordance with the Commercial Arbitration Rules of the American
      Arbitration Association.  The costs of arbitration (exclusive of
      the expense of a party to the Dispute in obtaining and presenting evidence
      and attending the arbitration and of the fees and expenses of legal
      counsel to a party to the dispute, all of which shall be borne by that
      party to the Dispute) shall be borne by Employer if Employee receives
      substantially the relief sought by him in the arbitration, whether by
      settlement, award, or judgment; otherwise, the costs shall be borne
      one-half by Employer and one-half by Employee.  The arbitration
      determination or award shall be final and conclusive on the parties to the
      Dispute, and judgment upon such award may be entered and enforced in any
      court of competent jurisdiction.

            

    

     

    
      
         

      

      
        - 7
-

        
          

        

      

      
         

      

    

     

    Section
20.  Tax
Withholding.  Employer shall be entitled to deduct and withhold
from payments made under this Agreement all amounts required to satisfy its
withholding obligations with respect to income, employment and any other
applicable taxes.

     

    Section
21.  Limitation
on Payments.  Notwithstanding anything in this Agreement to the
contrary, if the total of the payments and benefits under this Agreement,
together with any other payments or benefits received by Employee from Employer,
will be an amount that would cause them to be a “parachute payment” within the
meaning of Section 280G(b)(2)(A) of the Code (the “Parachute Payment Amount”),
then such payments under this Agreement shall be reduced so that the total
amount thereof is $1 less than the Parachute Payment Amount.

     

    Section
22.  Attorney’s
Fees.  If any arbitration proceeding or any action for
injunctive or declaratory relief is brought to enforce or interpret the
provisions of this Agreement, attorney’s fees shall be borne by Employer if
Employee is the prevailing party (or receives substantially the relief sought by
Employee), otherwise each party will be responsible for its own attorney’s
fees.

     

    Section
23.  Additional
Obligations.  During and after the term of this Agreement,
Employee shall, upon reasonable notice from Employer, furnish Employer with such
information as may be in Employee’s possession, and cooperate with Employer as
may reasonably be requested by Employer, in connection with any legal or
governmental proceedings in which Employer or any of its affiliates is or may
become a party.  The Company shall reimburse Employee for his
reasonable expenses in fulfilling his obligations under this Section 23
promptly, but in no event later than the last day of the calendar year following
the calendar year in which Employee incurs the expense.

     

    Section
24.  Amendment.  Any
modification, amendment or change of this Agreement will be effective only if it
is in a writing signed by both parties.

     

    Section
25.  Governing
Law; Interpretation.  This Agreement, and all transactions
contemplated by this Agreement, shall be governed by, construed, and enforced in
accordance with the laws of the State of Texas.  This Agreement shall
be construed and interpreted by the Board and such determination shall be final,
binding and conclusive on all parties.

     

    Section
26.  Headings.  The
titles to the Sections and the paragraphs of this Agreement are solely for the
convenience of the parties and shall not affect in any way the meaning or
interpretation of this Agreement.

     

    IN
WITNESS WHEREOF, the parties have executed this Agreement on this 22nd day of
December, 2009.

     

    
      
        
          
            
              
                
                  	
                          EMPLOYEE:

                        	 	
                          EMPLOYER:

                           

                        
	
                           

                        	 	
                          RBC
      LIFE SCIENCES, INC.

                           

                        
	
                          /s/  Kenneth
      L. Sabot

                        	 	By:  	
                          /s/  John
      W. Price

                        
	
                          Kenneth
      L. Sabot

                        	 	 	
                          John
      W. Price

                        
	
                           

                        	 	 	

                          Chief
      Executive Officer and President 

                        

                

              

            

          

        

      

    

     

    
      
         

      

      
        - 8
-Unassociated Document

    FIRST
AMENDMENT TO

    REVOLVING
CREDIT, SECURITY AND WARRANT PURCHASE AGREEMENT

    

    This
FIRST AMENDMENT TO REVOLVING CREDIT, SECURITY AND WARRANT PURCHASE AGREEMENT
(this “Amendment”) dated as
of March 10, 2010 is made and entered into by and between Roomlinx, Inc., a
Nevada corporation (“Borrower”), and
Cenfin LLC, a Delaware limited liability company (the “Lender”).

     

    WHEREAS, the Borrower and the
Lender are parties to that certain Revolving Credit, Security and Warrant
Purchase Agreement dated as of June 5, 2009 (the “Credit Agreement”);
and

     

    WHEREAS, the Borrower has
requested that the Lender increase the aggregate Revolving Credit Commitment
from $5,000,000 to $25,000,000.

     

    NOW, THEREFORE, in
consideration of the mutual covenants and agreements herein contained and of the
loans, extensions of credit and commitments herein referred to, the parties
hereto agree as follows:

    

    ARTICLE
I

    PURCHASE
AND SALE; DETERMINATION OF PURCHASE PRICE

     

    Section
1.1           Use of
Defined Terms.  Unless otherwise defined herein or the context
otherwise requires, terms for which meanings are provided in the Credit
Agreement shall have such meanings when used in this Amendment.

     

    ARTICLE
II

    AMENDMENTS

     

    Section
2.1           Increase
in Commitment.  Section 2.1(a) of
the Credit Agreement is hereby deleted and replaced in its entirety by the
following:

     

    “(a) Revolving Credit
Commitment.  Subject to and upon the terms and conditions set forth
herein, Lender, at the request of the Borrower, agrees to lend to the Borrower,
from time to time during the Revolving Credit Period, such Revolving Loans as
may be requested by the Borrower in an aggregate principal amount not to exceed
$25,000,000.00 outstanding at any time (the “Revolving Credit
Commitment”); provided, that each
Borrowing shall be in a principal amount of at least $20,000 and no more than
$500,000 unless otherwise agreed by Lender.  Within the foregoing limits
and subject to the terms and conditions set forth herein, the Borrower may
borrow, repay and reborrow the Revolving Loans.”

     

    Section
2.2           Use of
Proceeds. Section 8.15 of the Credit Agreement is hereby deleted and
replaced in its entirety by the following:

     

    “8.15  Use of
Proceeds.  The proceeds of the Revolving Loans will be used
only for (i) the purchase of equipment in connection with contractual agreements
to supply the services provided by the Borrower to hotels and similar
establishments, (ii) capital expenditures in connection with customer agreements
or potential customer agreements and (iii) fees and expenses incurred in
connection with the transactions contemplated by this
Agreement.”

     

    
      
         

      

      
         

        
          

        

      

      
         

      

    

     

    Section
2.3           Additional
Lenders.  The Borrower acknowledges and agrees
that, at the request of the Lender, the Lender may fulfill part or all of its
obligation to provide Revolving Loans through one or more affiliated
entities.  In such event, the Borrower and the Lender shall amend the
Agreement to provide for such lending, including provisions for the issuances of
Warrants to such affiliated entities.

     

    ARTICLE
III

    REPRESENTATIONS
AND WARRANTIES

     

    Section
3.1           Representations and
Warranties.  In order to induce the Lender to
enter into this Amendment, the Borrower hereby represents and warrants to the
Lender as of the date hereof, as follows:

     

    (a)               Credit Agreement
Representations.  The representations and warranties of the
Borrower set forth in the Credit Agreement are true and correct as of the date
of this Agreement.

     

    (b)               Due Authorization,
Non-Contravention, etc.  The execution, delivery and
performance by the Borrower of this Amendment are within Borrower’s power, have
been duly authorized by all necessary corporate action, and do not:
(i) contravene the constituent documents of Borrower; (ii) violate any
applicable law or regulation or any order of any governmental authority,
(iii) violate or result in the default under any material indenture,
agreement or other instrument binding upon the Borrower or its assets, or give
rise to a right thereunder to require any payment to be made by the Borrower, or
(iv) result in the creation or imposition of any lien, claim or encumbrance
on any asset of the Borrower, except for Permitted Liens.

     

    (c)               Government Approval,
Regulation, etc.  No authorization or approval or other action
by, and no notice to or filing with, any governmental authority or regulatory
body or other person or entity is required for the due execution, delivery or
performance by the Borrower of this Amendmen.

     

    (d)               Validity,
etc.  This Amendment constitutes the legal, valid and binding
obligation of the Borrower enforceable in accordance with its terms, subject to
applicable bankruptcy, insolvency, reorganization, moratorium or other laws
affecting creditors’ rights generally and subject to general principles of
equity, regardless of whether considered in a proceeding in equity or at
law.

     

    (e)               No
Default.  No Event of Default or Default has occurred
and is continuing, or will result from the execution and delivery of this
Amendment.

     

    
      
         

      

      
         

        
          

        

      

      
         

      

    

     

    ARTICLE
IV

    MISCELLANEOUS

     

    Section
4.1           Ratification
of and References to the Credit Agreement. Except for the amendments
expressly set forth above, the Credit Agreement and each other Transaction
Document is hereby ratified, approved and confirmed in each and every
respect.  Reference to this specific Amendment need not be made in the
Credit Agreement, the Transaction Documents, or any other instrument or document
executed in connection therewith, or in any certificate, letter or communication
issued or made pursuant to or with respect to the Credit Agreement, any
reference in any of such items to the Credit Agreement being sufficient to refer
to the Credit Agreement as amended hereby.

     

    Section
4.2           Incorporation
of Article 10.  Article 10 of the Credit Agreement is
incorporated by reference herein mutatis
mutandis.

     

    

    **********

     

    
      
         

      

      
         

        
          

        

      

      
         

      

    

     

    IN WITNESS WHEREOF, the
parties hereto have executed this Amendment to Revolving Credit, Security and
Warrant Purchase Agreement as of the day and year first written
above.

     

    
      
        	 	CENFIN
      LLC	 
	 	 	 	 
	
                 

              	
                By:
      

              	 	 
	 	 	Name:
      Matthew Hulsizer	 
	 	 	Title:
      Manager	 
	 	 	 	 

      

    

     

     

    
      
        
          	 	ROOMLINX,
      INC.	 
	 	 	 	 
	
                   

                	
                  By:
      

                	 	 
	 	 	Name:
      Michael S. Wasik	 
	 	 	Title:
      Chief Executive Officer

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