Document:

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EXHIBIT 10.15

                              EMPLOYMENT AGREEMENT
                              --------------------

This Employment Agreement ("Agreement"), dated as of October 18, 2006, effective
as of the Commencement Date (as defined below), is entered into between IVIVI
TECHNOLOGIES, INC., a New Jersey corporation, having a place of business at
224-S Pegasus Avenue, Northvale, New Jersey 07647 ("EMPLOYER"), and EDWARD
HAMMEL, an individual residing at ("EMPLOYEE").

         WHEREAS, Employer desires to continue to employ Employee; and

         WHEREAS, Employee is willing to accept such continued employment on the
terms and conditions set forth in this Agreement.

         NOW, THEREFORE, in consideration of the mutual agreements set forth
herein, Employer and Employee hereby agree as follows:

                                    ARTICLE I
                EMPLOYMENT; POSITION, DUTIES AND RESPONSIBILITIES

1.01 EMPLOYMENT. Employer agrees to, and does hereby, continue to employ
Employee, and Employee agrees to, and does hereby, accept such continued
employment, upon the terms and subject to the conditions set forth in this
Agreement. Employee represents and warrants to Employer that (a) Employee has
the legal capacity to execute and perform this Agreement, (b) this Agreement is
a valid and binding agreement enforceable against Employee according to its
terms, and (c) the execution and performance of this Agreement by Employee does
not violate the terms of any existing agreement or understanding to which
Employee is a party or by which Employee may be bound.

1.02 POSITION, DUTIES AND AUTHORITY. During the Term (as defined below),
Employee shall serve as Executive Vice President of Employer and shall have such
responsibilities, duties and authority as are consistent with such position and
as may, from time to time, be reasonably assigned by Employer's Board of
Directors (the "BOARD"). Any substantial changes to such responsibilities,
duties and authority shall be provided to Employee in writing or otherwise
agreed to between Employer and Employee. During the Term, Employee shall serve
Employer, faithfully and to the best of Employee's ability, and shall devote all
of Employee's business time, attention, skill and efforts exclusively to the
business and affairs of Employer (including its subsidiaries and affiliates) and
the promotion of its interests. Notwithstanding the foregoing, Employee may
engage in charitable, educational, religious, civic and similar types of
activities (all of which shall be deemed to benefit Employer) to the extent that
such activities do not inhibit or prohibit the performance of Employee's duties
hereunder or inhibit or conflict with the business of Employer, its subsidiaries
and affiliates. In no event may Employee serve on boards of directors or
advisory committees without the prior written consent of the Board, which
consent shall not be unreasonably withheld.

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                                   ARTICLE II
                                      TERM

2.01 TERM OF EMPLOYMENT. Employee's continued employment under this Agreement
shall commence on the date on which the initial public offering of Employer's
common stock (the "IPO") is consummated (the "COMMENCEMENT DATE") and, subject
to earlier termination pursuant to Article IV hereof, shall continue until the
five (5) year anniversary of the Commencement Date (the "TERM"); provided,
however, that unless either party gives written notice to the other at least 120
days prior to the expiration of the then-current Term that such party elects not
to renew this Agreement, the then-current Term shall be automatically extended
for additional one-year periods. The election of Employer not to extend the
then-current Term as provided in this Section 2.01 shall not be deemed a
termination by Employer under Section 4.01(D) or constitute "Good Reason" under
Section 4.01(E), and, in such event, Employee only shall be entitled to the
compensation set forth in Section 4.02(B). The election of Employee not to
extend the then-current Term, as provided in this Section 2.01 shall not be
deemed a termination for Good Reason and in such event Employee only shall be
entitled to the compensation set forth in Section 4.02(A). Nothing in this
Agreement shall constitute an assurance that Employer will consummate the IPO
and Employer and Employee agree that this Agreement shall be void and of no
force and effect if the IPO is not consummated on or before October 31, 2006.

                                   ARTICLE III
                            COMPENSATION AND EXPENSES

3.01 COMPENSATION AND BENEFITS. For all services rendered by Employee in any
capacity during the Term, including, without limitation, services as an officer,
director or member of any committee of Employer, or any subsidiary, affiliate or
division thereof, Employee shall be compensated as follows (subject, in each
case, to the provisions of Article IV below):

         (A) BASE SALARY. During the Term, Employer shall pay to Employee a base
salary the rate of $180,000 on an annualized basis. ("BASE SALARY"), which Base
Salary shall be payable in accordance with Employer's customary payroll
practices in place from time to time, but no less frequently than twice per
month. Employee's Base Salary shall be subject to annual review and increases
effective as of the first day of each fiscal year (April 1 - March 31)
commencing with the fiscal year 4/1/07-3/31/08, which increases (if any) shall
be in amounts as the Board (or committee thereof) shall deem appropriate;
provided, however, that such increases shall be in an amount at least equal to
the percentage increase during the previous twelve (12) months in the Consumer
Price Index for All Urban Consumers (New York-Northern New Jersey). In the event
that such percentage increase in the above-mentioned Consumer Price Index is not
available as of the date the increased Base Salary is required to be effective,
Employee shall continue to receive his then current Base Salary until such
percentage increase is available, at which time the Base Salary shall be
increased effective April 1 of the applicable fiscal year and paid in arrears to
April 1 of the applicable fiscal year. The term "BASE SALARY" as used in this
Agreement shall refer to Base Salary as may be increased from time to time.

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         (B) DISCRETIONARY BONUS. During the Term, Employee shall be eligible to
receive an annual cash bonus, in such amount, if any, as may be determined by
the Board (or committee thereof) in its sole discretion ("DISCRETIONARY BONUS").
The Discretionary Bonus, if any, shall be determined as of the end of each
fiscal year of employment, and payable within sixty (60) days after the last day
of each such year. To be eligible to receive any Discretionary Bonus (or any
portion thereof), Employee must be employed by Employer both at the time the
amount of the Discretionary Bonus, if any, is determined, and at the time any
such bonus is to be paid. Employee shall receive any Discretionary Bonus awarded
to Employee as of the end of a fiscal year by the Board (or committee thereof)
and not yet paid at the time this Agreement is terminated for any reason by
Employer other than for Cause (as defined below) prior the payment of the
Discretionary Bonus.

         (C) INCENTIVE STOCK OPTION GRANTS. During the Term, Employee shall be
eligible to receive from time to time stock option grants in amounts, if any, to
be approved by the Board (or committee thereof) in its sole discretion. Such
stock option grants will be subject the terms and conditions established within
the Employer's 2004 Amended and Restated Stock Option Plan or any successor
stock option plan as may be in place from time to time (the "PLAN") and a
separate stock option grant agreement between Employer and Employee that sets
forth, among other things, the exercise price, expiration date and vesting
schedule of such options. Upon a Change in Control (as defined below), all
outstanding and unvested options to purchase shares of Employer's common stock
granted to Employee shall be deemed fully vested and exercisable. Further, if,
during the Term, Employer shall terminate this Agreement and Employee's
employment hereunder without Cause (as defined below) and other than as a result
of Employee's death or Disability (as defined below) or Employee shall terminate
this Agreement and Employee's employment hereunder for Good Reason (as defined
below), then all outstanding and unvested options to purchase shares of
Employer's common stock granted to Employee shall be deemed fully vested and
exercisable. Employer shall use commercially reasonable efforts to register the
shares of common stock issuable upon exercise of such Options on a registration
statement on Form S-8 to be filed with the Securities and Exchange Commission
and to maintain the effectiveness of such registration during the period in
which such Options remain outstanding.

         (D) BENEFITS. During the Term, Employee shall be entitled to
participate in all Employer's employee benefit plans and programs (excluding
severance plans, if any) as Employer generally maintains from time to time
during the Term for the benefit of its employees, in each case subject to the
eligibility requirements, enrollment criteria and other terms and provisions of
such plans or programs. Employer may amend, modify or rescind any employee
benefit plan or program and/or change employee contribution amounts to benefit
costs without notice in its discretion.

         (E) VACATION DAYS. During the Term, Employee shall be entitled to paid
vacation days in accordance with Employer's policies with respect to such
vacation days in place from time to time; provided, however, that Employee shall
accrue or earn no less than 20 paid vacation days per calendar year. Employee
will not forfeit vacation if they are not taken by calendar year end; provided,
however, once Employee has accrued or earned the maximum number of vacation days
provided for in any one year as provided in the preceding sentence, no
additional vacation days will accrue or be earned by Employee until Employee has
taken accrued or earned vacation days and reduced the balance of accrued or
earned vacation days below that level. Thereafter, vacation days will accrue or
be earned on a prospective basis only until and if, the maximum is again
reached.

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         3.02 EXPENSES. Employee shall be entitled to receive reimbursement from
Employer for all reasonable out-of-pocket expenses incurred by Employee during
the Term in connection with the performance of Employee's duties and obligations
under this Agreement, according to Employer's expense account and reimbursement
policies in place from time to time and provided that Employee shall submit
reasonable documentation with respect to such expenses.

                                   ARTICLE IV
                                   TERMINATION

4.01 EVENTS OF TERMINATION. This Agreement and Employee's employment hereunder
shall terminate upon the occurrence of any one or more of the following events:

         (A) DEATH. In the event of Employee's death, this Agreement and
Employee's employment hereunder shall automatically terminate on the date of
death.

         (B) DISABILITY. To the extent permitted by law, in the event of
Employee's physical or mental disability that prevents Employee from performing
Employee's duties under this Agreement for a period of at least 120 consecutive
days in any 12-month period or 150 non-consecutive days in any 12-month period,
Employer may terminate this Agreement and Employee's employment hereunder upon
written notice to Employee.

         (C) TERMINATION BY EMPLOYER FOR CAUSE. Employer may, at its option,
terminate this Agreement and Employee's employment hereunder for Cause (as
defined herein) upon giving notice of termination to Employee. As used in this
Agreement, the term "CAUSE" shall mean Employee's (i) conviction of, plea of
guilty or NOLO CONTENDRE to, or confession of guilt of, a felony or criminal act
involving moral turpitude, (ii) commission of a fraudulent, illegal or dishonest
act (which dishonest act results in material damage to Employer) in respect of
Employer or any of its affiliates or subsidiaries, (iii) willful misconduct or
gross negligence that reasonably could be expected to be injurious in the
reasonable discretion of Employer to the business, operations or reputation of
Employer or any of its affiliates or subsidiaries (monetarily or otherwise),
(iv) material violation of Employer's policies or procedures in effect from time
to time; provided, however, to the extent such violation is subject to cure,
Employee will have a reasonable opportunity to cure such violation after written
notice thereof, (v) after a written warning and a reasonable opportunity to cure
non-performance, continued failure to perform Employee's duties as assigned to
Employee from time to time, or (vi) other material breach of this Agreement
(including, without limitation, any breach of Employee's obligations under
Article V hereof).

         (D) WITHOUT CAUSE BY EMPLOYER. Subject to Section 4.02, Employer may,
at its option, at any time terminate this Agreement and Employee's employment
hereunder for no reason or for any reason whatsoever (other than for Cause or as
a result of Employee's death or Disability) by giving 30 days prior written
notice of termination to Employee.

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         (E) TERMINATION BY EMPLOYEE. Employee may terminate this Agreement and
Employee's employment hereunder with or without Good Reason (as defined below)
by giving (30) days prior written notice of termination to Employer; provided,
however, that Employer reserves the right to accept Employee's notice of
termination and to accelerate such notice and make Employee's termination
effective immediately, or on any other date prior to Employee's intended last
day of work as Employer deems appropriate. For purposes of this Agreement, "GOOD
REASON" shall mean, in the absence of the consent of Employee:

                  (i) the failure of Employer or its successor to pay any
amounts due to Employee or to fulfill any other material obligations to Employee
under this Agreement, other than failures that are remedied by Employer or its
successor within 30 days after receipt of written notice thereof given by
Employee; or

                  (ii) action by Employer or its successor that results in a
material diminution in Employee's title, position, authority or duties from
those contemplated in Section 1.02;

                  (iii) any move of the offices of Employer or its successor
without Employee's consent, such that Employee would be required to commute more
than 10 miles more each way than Employee commutes immediately prior to such
move; or

                  (iv) any material reduction in the amount of D&O liability
coverage in effect as of the IPO closing date.

         Notwithstanding the foregoing, placing Employee on a paid leave for up
to 90 days, pending a determination of whether there is a basis to terminate
Employee for "Cause," shall not constitute a "Good Reason." Employee shall be
deemed to have consented to any act or event that would otherwise give rise to
"Good Reason," unless Employee provides written notice of termination for Good
Reason to Employer within ninety (90) days following the action or event
constituting Good Reason.

         (F) MUTUAL AGREEMENT. This Agreement and Employee's employment
hereunder may be terminated at any time by the mutual agreement of Employer and
Employee.

         (G) EXPIRATION OF TERM. This Agreement and Employee's employment
hereunder shall automatically terminate upon the expiration of the Term in
accordance with the 120 day notice provision herein.

4.02 EMPLOYER'S OBLIGATIONS UPON TERMINATION.

         (A) FOR CAUSE; OTHER THAN FOR GOOD REASON. If, during the Term,
Employer shall terminate this Agreement and Employee's employment hereunder for
Cause or Employee shall terminate this Agreement and Employee's employment
hereunder other than for Good Reason, Employer's sole obligation to Employee
under this Agreement or otherwise shall be to, on the next regular paydate
following the date of termination, (i) pay to Employee any Base Salary earned,
but not yet paid to Employee, prior to the date of such termination, (ii) pay to
Employee any accrued, but unused, vacation days through the date of termination,
and (iii) reimburse Employee for any expenses incurred by Employee through the
date of termination in accordance with Section 3.02 (collectively, the "ACCRUED
OBLIGATIONS"). All vested stock options shall remain in effect pursuant to the
terms of the Plan.

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         (B) EXPIRATION OF TERM. Upon the expiration of the Term, Employer's
sole obligation to Employee under this Agreement or otherwise shall be to pay to
Employee the Accrued Obligations, which Accrued Obligations shall be paid or
provided in the manner described in Section 4.02(A) above.

         (C) DEATH; DISABILITY. If, during the Term, this Agreement and
Employee's employment hereunder shall terminate as a result of Employee's death
or Disability, Employer's sole obligation to Employee or Employee's heirs,
beneficiaries, assigns or estate, as applicable, under this Agreement or
otherwise shall be to pay to Employee or Employee's estate, as applicable, the
Accrued Obligations, which Accrued Obligations shall be paid or provided in the
manner described in Section 4.02(A) above. All incentive stock options vested at
the time of death shall be transferred to Employee's estate, subject to the
terms of the Plan.

         (D) WITHOUT CAUSE; FOR GOOD REASON

                  (i) If, during the Term, Employer shall terminate this
Agreement and Employee's employment hereunder without Cause and other than as a
result of Employee's death or Disability or Employee shall terminate this
Agreement and Employee's employment hereunder for Good Reason, Employer's sole
obligation to Employee under this Agreement or otherwise shall be to: (a) pay to
Employee the Accrued Obligations, which Accrued Obligations shall be paid or
provided in the manner described in Section 4.02(A) above, and (b) subject to
Employee's execution, delivery and non-revocation of a general release in a form
satisfactory to Employer (the "RELEASE") (which Release, among other things,
will include a general release of Employer, its affiliates and subsidiaries and
their respective officers, directors, managers, members, shareholders, partners,
employees and agents from all liability ), continue to pay to Employee
Employee's Base Salary for a period equal to twelve (12) months following the
date of termination.

                  (ii) Notwithstanding the provisions of Section 4.02(D)(i)
above, in the event that Employer shall terminate this Agreement and Employee's
employment hereunder without Cause and other than as a result of Employee's
death or Disability within twelve (12) months following a Change in Control (as
defined below) or Employee shall terminate this Agreement and Employee's
employment hereunder for Good Reason within twelve (12) months following a
Change in Control, then, in lieu of the amounts to be paid by Employer pursuant
to Section 4.02(D)(i) above, Employer shall have no further obligations under
this Agreement or otherwise to Employee other than the obligation to (a) pay to
Employee the Accrued Obligations, which Accrued Obligations shall be paid or
provided in the manner described in Section 4.02(A) above, and (b) subject to
Employee's execution, delivery and non-revocation of the Release, continue to
pay to Employee Employee's Base Salary for a period equal to eighteen (18)
months following the date of termination.

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The Base Salary continuation payments contemplated by this Section 4.02(D) shall
commence to be paid on the next regular paydate following the 8th day after
Employee's execution and delivery of the Release; provided, however, if
necessary to comply with the restriction in Section 409(A)(a)(2)(B) of the
Internal Revenue Code of 1986, as amended (the "CODE") concerning payments to
"specified employees," the salary continuation payments shall commence on the
first regular paydate in the seventh (7th) month following the date of
Employee's termination and the first such payment shall include the cumulative
amount of any payments that would have been paid prior to such date if not for
such restriction.

As used in this Agreement, "CHANGE IN CONTROL" means:

         (A) Any "person" (as such term is used in Section 13(d) and 14(d) of
the Securities Exchange Act of 1934, as amended) becomes the "beneficial
owner"(as defined in Rule 13d-3 under said Act), directly or indirectly, of
securities of Employer representing more than 50% of the total voting power
represented by Employer's then outstanding voting securities; provided, however,
the consummation of the IPO and/or the exercise or conversion of any instruments
as of the closing date of the IPO shall not be deemed a Change of Control;

         (B) The consummation of a merger or consolidation of Employer with any
other corporation, other than a merger or consolidation which would result in
the voting securities of Employer outstanding immediately prior thereto
continuing to represent (either by remaining outstanding or by being converted
into voting securities of the surviving entity) at least fifty percent (50%) of
the total voting power represented by the voting securities of Employer or such
surviving entity outstanding immediately after such merger or consolidation; or

         (C) The consummation of the sale or disposition by Company of all or
substantially all of Company's assets.

In addition to the payments and benefits set forth in this Section 4.02, amounts
that are vested benefits or that Employee is otherwise entitled to receive under
any plan, program, policy or practice (with the exception of those relating to
severance) on the date of termination, shall be payable in accordance with such
plan, policy, practice or agreement.

                                    ARTICLE V
          CONFIDENTIALITY, ASSIGNMENT OF DEVELOPMENTS, NON-COMPETITION,
                      NON-SOLICITATION AND OTHER COVENANTS

         5.01 CONFIDENTIALITY. While working or performing services for Employer
or otherwise, Employee may previously have developed or acquired, or may in the
future develop or acquire, knowledge in Employee's work or from directors,
officers, employees, agents or consultants of Employer and its affiliates and
subsidiaries (collectively, the "COMPANY") or otherwise of Confidential
Information relating to the Company, its business, potential business or that of
its customers and vendors. "CONFIDENTIAL INFORMATION" includes all trade
secrets, know-how, show-how, theories, technical, operating, financial, and
other business information, whether or not reduced to writing or other medium

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and whether or not marked or labeled confidential, proprietary or the like,
specifically including, but not limited to, information regarding source codes,
software programs, computer systems, algorithms, formulae, schematics, concepts,
creations, costs (including, without limitation, manufacturing costs), plans,
materials, enhancements, research, specifications, works of authorship,
techniques, documentation, models and systems, sales and pricing techniques,
designs, inventions, discoveries, products, improvements, modifications,
methodology, processes, concepts, records, files, memoranda, reports, plans,
proposals, price lists, client, customer, and supplier lists and information,
product development and project procedures. Confidential Information does not
include general skills, experience or information that is generally available to
the public, other than information which has become generally available as a
result of Employee's direct or indirect act or omission.

         With respect to Confidential Information of the Company and its
customers and vendors:

         (A) Employee has used, and will use, Confidential Information only in
the performance of Employee's duties for Employer. Employee has not used, and
will not use, Confidential Information at any time (during or after Employee's
employment with Employer) for Employee's personal benefit, for the benefit of
any other individual or entity, or in any manner adverse to the interests of the
Company and its customers and vendors;

         (B) Employee has not, and will not disclose, Confidential Information
at any time (during or after Employee's employment with Employer) except to
authorized Employer personnel, unless Employer consents in advance in writing,
the Confidential Information indisputably becomes of public knowledge or enters
the public domain (other than through Employee's direct or indirect act or
omission), or the disclosure of which is required by law and reasonable written
notice has been provided to Employer sufficient to enable Employer to contest
the disclosure;

         (C) Employee has safeguarded, and will safeguard, the Confidential
Information by all reasonable steps and abide by all policies and procedures of
Employer in effect from time to time regarding storage, copying, destroying,
publication or posting, or handling of Confidential Information, in whatever
medium or format the Confidential Information takes;

         (D) Employee acknowledges that Employer may be required to sign
non-disclosure or confidentiality agreements with customers or vendors,
prospective customers or vendors, and other third parties in which Employer
agrees that its employees and agents will not disclose Confidential Information
of such customers or vendors, prospective customers or vendors, or other third
parties. By executing this Agreement, Employee acknowledges and agrees that
Employer may rely, and will rely, on this Agreement for purposes of entering
into such other agreements. Further, Employee will execute and abide by all
confidentiality agreements reasonably requested by Employer's customers or
vendors, prospective customers or vendors, and other third parties; and

         (E) Employee will return all materials, substances, models, software,
prototypes and the like containing and/or relating to Confidential Information,
together with all other property of the Company (all of which shall remain the
exclusive property of the Company) and its clients and customers, to Employer
when Employee's employment relationship with Employer terminates or otherwise on
demand. Employee shall not retain any copies or reproductions of correspondence,
memoranda, reports, notebooks, drawings, photographs, databases, diskettes, or
other documents or electronically stored information of any kind relating in any
way to the business, potential business or affairs of the Company and its
clients and customers.

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         5.02 ASSIGNMENT OF DEVELOPMENTS. Employee has disclosed, and will
disclose, promptly and fully to Employer and to no one else: (i) all inventions,
ideas, improvements, discoveries, works modifications, processes, software
programs, works of authorship, documentation, formulae, techniques, designs,
methods, trade secrets, technical specifications and technical data, know-how
and show-how, concepts, expressions or other developments whatsoever or any
interest therein (whether or not patentable or registrable under copyright,
trademark or similar statutes or subject to analogous protection) made,
authored, devised, developed, discovered, reduced to practice, conceived or
otherwise obtained by Employee (collectively, together with all patent rights,
copyrights, trade secret rights and other intellectual property rights,
worldwide, and the right to sue for present, past and future infringements
thereof, the "DEVELOPMENTS"), solely or jointly with others, during the course
of Employee's employment with Employer (whether prior to or after the date of
this Agreement) that (a) are related to the business of the Company or any of
the products or services being researched, developed, distributed, manufactured
or sold by the Company or which may be used in relation therewith or (b) result
from tasks assigned to Employee by the Company; (ii) any Development that is
related to the business of the Company and in which Employee had an assignable
interest at the time of Employee's first employment by Employer; or (iii) any
Development made using the time, materials or facilities of the Company, even if
such Development does not relate to the business of the Company. The
determination as to whether a Development is related to the business of the
Company shall be made solely by an authorized representative of Employer. Any
Development relating to the business of the Company and disclosed to the Company
within one year following the termination of Employee's employment with Employer
shall be deemed to fall within the provisions of this Section 5.02. The
"BUSINESS OF THE COMPANY" as used in this Section 5.02 includes the actual
business currently conducted by the Company, as well as any business conducted
by the Company during the course of Employee's employment prior to the
Commencement Date and any business in which the Company is actively engaged in
the development of at any time during the period of Employee's employment.
Employee agrees that, to the maximum extent possible, all such Developments
listed above and the benefits thereof are and shall immediately become the sole
and absolute property of Employer from conception, as "works made for hire" (as
that term is used under the U.S. Copyright Act of 1976, as amended) or
otherwise. Employee shall have no interest in any Developments. To the extent
that title to any Developments or any materials comprising or including any
Developments does not, by operation of law, vest in Employer, Employee hereby
irrevocably assigns to Employer all of Employee's right, title and interest
(including, without limitation, tangible and intangible rights such as patent
rights, trademarks, copyrights and all other intellectual property rights,
worldwide, and the right to sue for present, past and future infringements
thereof) that Employee may have or may acquire in and to all such Developments,
benefits and/or rights resulting therefrom, and agrees promptly to execute any
further specific assignments related to such Developments, benefits and/or
rights at the request of Employer. Employee also hereby assigns to Employer, or
waives if not assignable, all of Employee's "moral rights" in and to all such
Developments, and agrees promptly to execute any further specific assignments or
waivers related to moral rights at the request of Employer. Employee represents
and warrants to Company that Employee has at no time assigned or otherwise
transferred any interest in any Development (including, but not limited to, any
Developments arising in connection with Employee's employment prior to the
Commencement Date), to any third party, or granted any third party any license,
permission, or other right with respect to any such Development, or permitted
any lien, security interest or other encumbrance to be imposed on any such
Development, or entered into any contract or other arrangement pursuant to which
Employee has agreed to do any of the foregoing.

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         Employee agrees to assist Employer without charge for so long as
Employee is an employee of Employer and for as long thereafter as may be
necessary (but at Employer's expense including reasonable compensation to
Employee if Employee is no longer an employee of Employer): (1) to apply,
obtain, register and renew for, and vest in, Employer's benefit alone (unless
Employer otherwise directs), patents, trademarks, copyrights, mask works, and
other protection for such Developments in all countries, and (2) in any
controversy or legal proceeding relating to Developments. In the event that
Employer is unable to secure Employee's signature after reasonable effort in
connection with any patent, trademark, copyright, mask work or other similar
protection relating to a Development, Employee hereby irrevocably designates and
appoints Employer and its duly authorized officers and agents as Employee's
agent and attorney-in-fact, to act for and on Employee's behalf and stead to
execute and file any such application and to do all other lawfully permitted
acts to further the prosecution and issuance of patents, trademarks, copyrights,
mask works or other similar protection thereon with the same legal force and
effect as if executed by Employee.

         5.03 OBLIGATIONS TO OTHER PERSONS. Employee hereby represents and
warrants that Employee does not have any non-disclosure, non-compete,
non-solicitation or other obligations to any previous employer or other
individual or entity that would prohibit, limit, conflict or interfere with the
performance of Employee's duties for Employer or Employee's other obligations
under this Agreement. Employee will not disclose to the Company or its customers
and clients or induce the Company or its customers and clients to use any secret
confidential information or material belonging to others, including Employee's
former employer.

         5.04  COVENANT AGAINST COMPETITION AND SOLICITATION.

         (A) Employee acknowledges and understands that, in view of the position
that Employee holds or will hold as an employee of Employer, Employee's
relationship with Employer will afford Employee extensive access to Confidential
Information of the Company. Employee therefore agrees that during the course of
Employee's employment with Employer and for a period of 18 months after
termination of Employee's employment with Employer (for any reason or no reason)
(collectively, "RESTRICTED PERIOD"), Employee shall not, anywhere in the world,
either directly or indirectly, as an owner, stockholder, member, partner, joint
venturer, officer, director, consultant, independent contractor, agent or
employee, with or without remuneration, engage in any business or other
commercial activity that is engaged in the business of (i) designing, developing
and/or commercializing electrotherapeutic technologies or (ii) designing,
developing, marketing, selling, distributing and/or providing any products or
services that are of the same nature as a product or service provided by the
Company or a product or service that the Company is developing or seeking to
provide and of which Employee has knowledge. Notwithstanding the foregoing,
nothing herein shall be deemed to prohibit Employee's ownership of less than 2%
of the outstanding shares of any publicly traded corporation that conducts a
business competitive with that of Employer.

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         (B) Employee further agrees that, during the Restricted Period,
Employee shall not, directly or indirectly, either on Employee's own behalf or
on behalf of any other individual or commercial enterprise: (i) contact,
communicate, solicit or transact any business with or assist any third party in
contacting, communicating, soliciting or transacting any business with (x) any
of the customers or vendors of the Company, (y) any prospective customers or
vendors of the Company being solicited at the time of Employee's termination, or
(z) any individual or entity who or which was within the most recent twelve (12)
month period a customer or vendor of the Company, for the purpose of inducing
such customer or vendor or potential customer or vendor to be connected to or
benefit from any competitive business or to terminate its or their business
relationship with the Company; (ii) solicit, induce or assist any third party in
soliciting or inducing any individual or entity who is then (or was at any time
within the preceding 12 months) an employee, consultant, independent contractor
or agent of Company) to leave the employment of the Company or cease performing
services for the Company; (iii) hire or engage or assist any third party in
hiring or engaging, any individual or entity that is or was (at any time within
the preceding 12 months) an employee, consultant, independent contractor or
agent of the Company, or (iv) solicit, induce or assist any third party in
soliciting or inducing any other person or entity (including, without
limitation, any third-party service provider or distributor) to terminate its
relationship with the Company or otherwise interfere with such relationship.

         5.05 NON-DISPARAGEMENT. Employee will not at any time (during or after
Employee's employment with Employer) disparage the reputation of Employer, its
affiliates and their respective clients, customers and its or their respective
officers, directors, agents or employees.

         5.06 COOPERATION. Employee agrees to cooperate both during and after
Employee's employment with Employer, at Employer's sole cost and expense, with
the investigation by the Company involving the Company or any employee or agent
of the Company.

         5.07  REASONABLE RESTRICTIONS/DAMAGES INADEQUATE REMEDY; BREACHES.

                  (A) Employee acknowledges that the restrictions contained in
this Article V are reasonable and necessary to protect the legitimate business
interests of the Company and that any breach or threatened breach by Employee of
any provision contained in this Article V will result in immediate irreparable
injury to the Company for which a remedy at law would be inadequate. Employee
understands that the Employer's business is global and, accordingly, the
restrictions can not be limited to any particular geographic area. Employee
further acknowledges that the restrictions contained in this Article V will not
prevent Employee from earning a livelihood during the applicable period of
restriction. Accordingly, Employee acknowledges that Company shall be entitled
to temporary, preliminary and permanent injunctive or other equitable relief in
any court of competent jurisdiction (without being obligated to post a bond or
other collateral) and to an equitable accounting of all earnings, profits and
other benefits arising, directly or indirectly, from such violation, which
rights shall be cumulative and in addition to (rather than instead of) any other
rights or remedies to which the Company may be entitled at law or in equity. In
addition (and not instead of those rights), Employee further covenants that
Employee shall be responsible for payment of the fees and expenses of the
Company's attorneys and experts, as well as the Company's court or other forum
costs, pertaining to any suit, arbitration, mediation, action or other
proceeding (including the costs of any investigation related thereto) arising
directly or indirectly out of Employee's violation or threatened violation of
any of the provisions of this Article V.

                                       11

<PAGE>

                  (B) Notwithstanding the foregoing, in the event Employee
breaches or threatens to breach any term or condition of this Agreement,
including the provisions of Section 5.04 or other sections of this Article V,
whether or not any court of competent jurisdiction shall determine that any one
or more of the provisions contained in this Article V, including Section 5.04,
is unenforceable, it shall constitute a material breach of this Agreement and in
addition to and not instead of the Company's other remedies hereunder or
otherwise at law or in equity, Employee shall be required to, upon written
notice from the Company, return the payments paid by the Company pursuant to
Section 4.02 of this Agreement, less the greater of: (a) $500, or (b) 5% of the
payments paid by Employer hereunder. However, the Company will not demand
repayment if such breach is (in the good faith discretion of the Company)
subject to cure and is cured to the Company's satisfaction by Employee within
five (5) calendar days following such notice of such breach. Without limitation,
in no event shall any breach of the provisions of Section 5.04 be subject to
cure. Employee agrees that if Employee is required to return the payments, this
Agreement shall continue to be binding on Employee and the Company shall be
entitled to enforce the provisions of this Agreement as if the payments had not
been repaid to the Company. In the event the Company provides written notice to
Employee of a breach or threatened breach, the Company, at the direction of its
Board of Directors, shall have the right to suspend all further payment
obligations to Employee hereunder and shall have no further payment obligations
unless a court of competent jurisdiction finds that Employee has not breached
his obligations under this Agreement. In the event of a threatened breach that
has been cured to the Company's satisfaction within five (5) days of notice to
Employee, the Company shall resume making payments pursuant to this Agreement.
In addition to the foregoing and any other rights to which the Company may be
entitled, at law or in equity (and not instead of such rights), the Company
shall have the right to collect from Employee payment of the reasonable fees and
expenses of the Company's attorneys and experts, as well as the Company's court
or forum costs, pertaining to any suit, arbitration, mediation, action or other
proceeding (including the costs of any investigation related thereto) arising
directly or indirectly out of Employee's breach of any of the provisions of this
Agreement. In the event of a breach or threatened breach, the Company reserves
to itself all remedies available to it under this Agreement or otherwise at law
or in equity.

         5.08 SEPARATE COVENANTS. In the event that any court of competent
jurisdiction shall determine that any one or more of the provisions contained in
this Article V shall be unenforceable in any respect, then such provision shall
be deemed limited and restricted to the extent that the court shall deem the
provision to be enforceable. It is the intention of the parties to this
Agreement that the covenants and restrictions in this Article V be given the
broadest interpretation permitted by law. The invalidity or unenforceability of
any provision of this Article V shall not affect the validity or enforceability
of any other provision hereof. The covenants and restrictions contained in this
Article V shall be deemed a series of separate covenants and restrictions one
for each of the fifty states of the United States of America. If, in any
judicial or arbitration proceedings, a court of competent jurisdiction or
arbitration panel should refuse to enforce all of the separate covenants and
restrictions in this Article V, then such unenforceable covenants and
restrictions shall be eliminated from the provisions of this Agreement for the
purpose of such proceeding to the extent necessary to permit the remaining
separate covenants and restrictions to be enforced in such proceeding.

                                       12

<PAGE>

                                   ARTICLE VI.
                                  MISCELLANEOUS

         6.01 BENEFIT OF AGREEMENT AND ASSIGNMENT. This Agreement shall inure to
the benefit of Employer, its affiliates and subsidiaries, and its and their
respective successors and assigns (including, without limitation, the purchaser
of all or substantially all of any of its or their respective assets) and shall
be binding upon Employer and its successors and assigns. This Agreement shall
also inure to the benefit of and be binding upon Employee and Employee's heirs,
administrators, executors and assigns. Employee may not assign or delegate
Employee's duties under this Agreement, without the prior written consent of
Employer.

         6.02 NOTICES. All notices, requests, demands and other communications
required or permitted hereunder shall be given in writing and shall be deemed to
have been duly given (i) on the date delivered if personally delivered, (ii)
upon receipt by the receiving party of any notice sent by registered or
certified mail (first-class mail, postage pre-paid, return receipt requested) or
(iii) on the date targeted for delivery if delivered by nationally recognized
overnight courier or similar courier service, in each case addressed to the
Employer or Employee, as the case may be, at the respective addresses indicated
in the caption of this Agreement or such other address as either party may in
the future specify in writing to the other. In addition, a copy (which shall not
itself constitute notice) of any notice sent to Employer hereunder shall be sent
to: Lowenstein Sandler PC, 65 Livingston Avenue, Roseland, New Jersey 07068,
Attention: Steven M. Skolnick, Esq.

         6.03 ENTIRE AGREEMENT. This Agreement contains the entire agreement of
the parties hereto with respect to the terms and conditions of Employee's
employment during the Term and activities following termination of this
Agreement and supersedes any and all prior agreements and understandings,
whether written or oral, between the parties with respect to the subject matter
of this Agreement This Agreement may not be changed or modified except by an
instrument in writing, signed by both Employee and a Co-Chief Executive Officer
of Employer.

         6.04 INDEMNIFICATION. Employer shall indemnify Employee against all
claims arising out of Employee's actions or omissions occurring during
Employee's employment with Employer to the fullest extent provided (A) by
Employer's Certificate of Incorporation and/or Bylaws, and (B) under the New
Jersey General Corporation Law, as each may be amended from time to time.
Employer shall maintain a Directors & Officers liability insurance policy ("D&O
COVERAGE") covering Employee to the extent Employer provides such coverage for
its other executive officers.

                                       13

<PAGE>

         6.05 280G CUT-BACK. Notwithstanding anything set forth in this
Agreement to the contrary, in the event that any payment, coverage or benefit
provided under this Agreement would, in the opinion of the independent certified
accountants for Employer, not be deemed to be deductible in whole or in part in
the calculation of the Federal income tax of Employer or any other person making
such payment or providing such coverage or benefit, by reason of Section 280G of
the Code, the aggregate payments, coverages or benefits provided under this
Agreement shall be reduced to the "safe harbor" level under Section 280G so that
the entire amount which is paid or provided to Employee shall be deductible
notwithstanding the provisions of Section 280G of the Code.

         6.06 NO ATTACHMENT. Except as required by law, no right to receive
payments under this Agreement shall be subject to anticipation, commutation,
alienation, sale, assignment, encumbrance, charge, pledge, or hypothecation or
to execution, attachment, levy, or similar process or assignment by operation of
law, and any attempt, voluntary or involuntary, to effect any such action shall
be null, void and of no effect; provided, however, that nothing in this Section
6.06 shall preclude the assumption of such rights by executors, administrators
or other legal representatives of Employer or his estate and their assigning any
rights hereunder to the person or persons entitled thereto.

         6.07 SOURCE OF PAYMENT. All payments provided for under this Agreement
shall be paid in cash from the general funds of Employer. Employer shall not be
required to establish a special or separate fund or other segregation of assets
to assure such payments, and, if Employer shall make any investments to aid it
in meeting its obligations hereunder, Employee shall have no right, title or
interest whatever in or to any such investments except as may otherwise be
expressly provided in a separate written instrument relating to such
investments. Nothing contained in this Agreement, and no action taken pursuant
to its provisions, shall create or be construed to create a trust of any kind,
or a fiduciary relationship, between Employer and Employee or any other person.
To the extent that any person acquires a right to receive payments from Employer
hereunder, such right, without prejudice to rights which employees may have,
shall be no greater than the right of an unsecured creditor of Employer.

         6.08 NO WAIVER. The waiver by either party of a breach of any provision
of this Agreement shall not operate or be construed as a continuing waiver or as
a consent to or waiver of any subsequent breach hereof.

         6.09 HEADINGS. The Article and Section headings in this Agreement are
for the convenience of reference only and do not constitute a part of this
Agreement and shall not be deemed to limit or affect any of the provisions
hereof.

         6.10 GOVERNING LAW; JURISDICTION; JURY TRIAL WAIVER. Any and all
actions or controversies arising out of this Agreement or Employee's employment,
including, without limitation, tort claims, shall be construed and enforced in
accordance with the internal laws of the State of New Jersey, without regard to
the choice of law principles thereof. With respect to any such actions or
controversies, Employer and Employee hereby (a) irrevocably consent and submit
to the sole exclusive jurisdiction of the United States District Court for the
District of New Jersey or the Superior Courts of New Jersey (and of the
appropriate appellate courts therefrom), (b) irrevocably waive, to the fullest
extent permitted by law, any objection that any of them may now or hereafter
have to the laying of the venue of any such actions or controversies in any such
court or that any such any such actions or controversies which is brought in any
such court has been brought in an inconvenient forum, and (c) IRREVOCABLY WAIVE
ANY RIGHT TO REQUEST A TRIAL BY JURY IN ANY SUCH ACTIONS OR CONTROVERSIES AND
REPRESENTS THAT SUCH PARTY HAS CONSULTED WITH COUNSEL SPECIFICALLY WITH RESPECT
TO THIS WAIVER.

                                       14

<PAGE>

         6.11 VALIDITY. The invalidity or enforceability of any provision or
provisions of this Agreement shall not affect the validity or enforceability of
any other provision or provisions of this Agreement, which shall remain in full
force and effect.

         6.12 EMPLOYEE WITHHOLDINGS AND DEDUCTIONS. All payments to Employee
hereunder shall be subject to such withholding and other employee deductions as
may be required by law.

         6.13 COUNTERPARTS. This Agreement may be executed in one more
counterparts, each of which shall be deemed to be an original but all of which
together will constitute one and the same instrument.

         6.14 AGREEMENT TO TAKE ACTIONS. Each party to this Agreement shall
execute and deliver such documents, certificates, agreements and other
instruments, and shall take all other actions, as may be reasonably necessary or
desirable in order to perform his/her or its obligations under this Agreement.

                  [REMAINDER OF PAGE INTENTIONALLY LEFT BLANK]

<PAGE>

         IN WITNESS WHEREOF, Employer and Employee have duly executed this
Agreement as of the date first written above.

                                              EMPLOYER:

                                              IVIVI TECHNOLOGIES, INC.

                                              BY: /s/ Andre DiMino
                                                  ------------------------------
                                                  -------------------, ---------

                                              EMPLOYEE:

                                              /s/ Edward Hammel
                                              --------------------------------
                                              Edward Hammel, individually<PAGE>
EXHIBIT 10.18

                              CONSULTING AGREEMENT

     This Consulting Agreement (this "Agreement") is entered into this 17th day
of October 2006, effective as of the Commencement Date (as defined below), by
and among Ivivi Technologies, Inc. (the "Company"), a New Jersey corporation,
having an office at 224-S Pegasus Avenue, Northvale, New Jersey 07647; Pilla
Consulting, Inc. (the "Consultant"), a New Jersey corporation, having an office
at 1 Winding Ridge, Oakland NJ 07436 and, as to Sections 3, 5, 7, 9(a), 9(b),
10, 11, 12(b) and 13 through 22 (inclusive) only, Arthur Pilla, Ph.D. (the
"Consultant's Representative"), an individual residing at (the Company,
Consultant and Consultant's Representative, each a "Party" and collectively, the
"Parties").

                                WITNESSETH THAT:

     WHEREAS, Consultant is in the business of providing consulting services in
the field of bio-electromagnetics and magnetic bio-effects;

     WHEREAS, Consultant's Representative is an expert in the field of
bio-electromagnets and magnetic bio-effects;

     WHEREAS, prior to the date of this Agreement, Consultant was engaged to
provide consulting services to the Company (the "Prior Consulting Services");

     WHEREAS, the Company desires to continue to engage Consultant to provide
consulting services to the Company and Consultant desires to continue to be
engaged as a consultant to the Company, and

     WHEREAS, each Party believes it to be in their respective best interests to
enter into an agreement to set forth the terms pursuant to which Consultant
shall continue to be engaged as a consultant to the Company.

     NOW, THEREFORE, in consideration of the foregoing premises and the mutual
covenants and the agreements herein set forth, the Parties, intending to be
legally bound, hereby agree as follows:

1. ENGAGEMENT. The Company hereby agrees to continue to engage Consultant, and
Consultant hereby accepts the continued engagement with the Company, on the
terms and subject to the conditions set forth in this Agreement.

2. TERM. Consultant's continued engagement under this Agreement shall commence
on March 1, 2006 (the "COMMENCEMENT DATE") and, subject to earlier termination
pursuant to Section 8 hereof, shall continue until March 1, 2011 (the "TERM");
provided, however, unless either the Company or Consultant gins written notice
to the other at least ninety (90) days prior to the expiration of the
then-current Term that such Party elects not to renew this Agreement, the
then-current Term shall automatically be extended for additional one-year
periods. In no event shall the election of the Company not to extend the Term be
deemed a Without Cause Termination or a Good Reason Termination (as such
capitalized terms are defined in Section 8 below).

<PAGE>

3. CONSULTANT'S REPRESENTATIVE. The Parties agree that the Consultant's
Representative will be assigned by Consultant to perform the Consulting Services
(as defined below), on behalf of Consultant, as Consultant's sole representative
throughout the Term. Consultant and Consultant's Representative represent and
warrant that Consultant's Representative (i) owns, and at all times during the
Term shall own, 100% of the outstanding stock of Consultant, (ii) is, and at all
times during the Term, shall be the sole director and officer of Consultant, and
(iii) is qualified and properly trained to perform the Consulting Services.
Without limitation of the foregoing, it is understood and agreed that
Consultant's Representative shall perform all duties, on behalf of Consultant,
with respect to the Consulting Services and such obligations may not be assigned
or delegated by Consultant or Consultant's Representative without the prior
written consent of the Company.

4. CONSULTING SERVICES. During the Term, Consultant shall be engaged to cause
Consultant's Representative to serve as the Science Director and the Chairman of
the Scientific Advisory Board of the Company and/or in such other position or
capacity as the Company and Consultant shall agree in writing (the "Consulting
Services"). It is understood and agreed that the scope of the Consulting
Services shall include, without limitation, the following:

     (a) Causing the Consultant's Representative to serve as the Company's
     Science Director and the Chairman of the Scientific Advisory Board of the
     Company;

     (b) Reviewing technological developments that are in the Company's best
     interest and reporting the same to the Company on a periodic basis;

     (c) Acting as principal investigator and providing recommendations to the
     Company for future clinical research applications for the Company's
     technologies;

     (d) Providing instruction and assistance to the Company for all technical
     and medical aspects of FDA submissions and compliance, including, without
     limitation, assistance with regard to regulatory approval of products;

     (e) Providing instruction and assistance to the Company for all technical
     and medical aspects of marketing;

     (f) Causing Consultant's Representative to represent the Company at
     strategic meetings or conferences as Science Director, upon reasonable
     notice by the Company;

     (g) Organizing telephonic, electronic and person to person meetings with
     the members of the Company's Scientific Advisory Board, as requested by the
     Company;

     (h) Causing Consultant's Representative to be available to attend the
     Company's Board of Directors (the "Board") meetings;

                                      -2-

<PAGE>

     (i) Responding to questions and inquiries made by the Company, either
     orally or in writing, as the same maybe requested from time to time;

     (j) Providing reasonable endorsement of products;

     (k) Advising the Company on new product development;

     (l) Providing periodic reports as to the Consulting Services and, if
     requested in writing, providing time sheets indicating the amount of time
     expended and the area of Consultant's services that consumed the time;

     (m) Performing and providing direction for research and development of
     electromagnetic and other systems, equipment, or devices for therapeutic
     purposes ("DEVICES"), including, without limitation, the commercial
     exploitation thereof by developing any such Devices;

     (n) Performing tests and providing recommendations with respect to signal
     configurations for the optimization of the Devices;

     (o) Directing clinical and basic research projects related to the effect of
     EMF therapy upon pain, edema, blood circulation, and tissue and bone growth
     and repair in general, and, including, but not limited to, the oral cavity;

     (p) Providing direction to the Company for future clinical and research
     applications of its technology;

     (q) Preparing and tracking all patent applications that Consultant, in
     consultation with the Company's officers, deem are necessary for the
     Company's successful operation;

     (r) Communicating with other professionals employed or retained by the
     Company;

     (s) Developing, on a periodic basis, a detailed budget for all proposed
     research, together with time frames and bench mark goals, which shall be
     submitted to the Company's Chief Financial Officer, the Chairman of the
     Board and other executive officers of the Company in a timely manner; and

     (t) Reporting on all on-going research on at least a monthly basis,
     describing the progress of the research and identifying how the research is
     progressing in comparison to the budget, time frames, and goals.

Consultant shall cause Consultant's Representative to perform such duties as are
consistent with the Consulting Services. Consultant shall, and shall cause the
Consultant's Representative to, render the Consulting Services conscientiously
and devote its and their best efforts and abilities thereto, it being
acknowledged that the Consulting Services shall be non-exclusive, subject to
Consultant's and Consultant's Representative's compliance with the terms and
provisions of this Agreement, including, without limitation, Section 10 below.
Consultant shall observe, and Consultant's Representative to observe, all
applicable policies and directives promulgated from time to time by the Company
for independent contractors. Consultant shall not be required to cause
Consultant's Representative to perform any duties that would, or would be likely
to, result in non-compliance with or violation of any applicable law,
regulation, regulatory bulletin, and/or any other regulatory requirement. The
Consulting Services will be principally performed in Oakland, New Jersey and at
such other location as Consultant and the Company mutually agree.

                                      -3-

<PAGE>

Consultant shall cause Consultant's Representative to devote at least 450 hours
during each three (3) month period of the Term to the performance of the
Consulting Services on behalf of Consultant.

5. INDEPENDENT CONTRACTOR. It is expressly agreed that, performing the Prior
Consulting Services the Consultant was, and in performing the Consulting
Services hereunder the Consultant is, acting solely as an independent
contractor. Neither Consultant nor Consultant's Representative, in connection
with the Prior Consulting Services had, and, under this Agreement shall have,
the authority to act for, bind, or otherwise commit the Company and neither
Consultant nor Consultant's Representative shall hold itself or himself out as
having any such authority. It is expressly agreed that the acts or omissions of
Consultant and/or Consultant's Representative shall not be deemed the acts or
omissions of the Company. Consultant and Consultant's Representative acknowledge
and agree that Consultant's employees and agents (including, without limitation,
Consultant's Representative) are not, and shall not be, employees or agents of
the Company and are not, and shall not be, entitled to compensation from, or
employee benefits of, the Company. The Company shall not (a) pay any
contributions to Social Security, unemployment insurance, or federal or state
withholding taxes with respect to Consultant or the fees paid to Consultant
pursuant to this Agreement or in connection with the Prior Consulting Services,
(b) carry workers' compensation or other accident or health insurance to cover
Consultant's employees or agents (including, without limitation, Consultant's
Representative), or (c) provide any other contributions or benefits to
Consultant or Consultant's employees or agents (including, without limitation,
Consultant's Representative) that might be expected in an employer-employee
relationship and Consultant and Consultant's Representative expressly waive any
right to such participation or coverage. Consultant and Consultant's
Representative hereby expressly acknowledge and agree that (a) Consultant is an
independent contractor and that neither it nor Consultant's Representative is,
was, or shall be deemed to be or have been, an employee of the Company, (b)
neither this Agreement nor any arrangement with respect to the Prior Consulting
Services shall constitute or be evidence of any agreement or understanding,
express or implied, that Consultant or Consultant's Representative is or was an
employee of the Company or has or had any rights as an employee of the Company,
(c) except with respect to the terms explicitly set forth in this Agreement
relating to the 2004 Stock Award (as defined in Section 7 below), the Company
neither had, nor shall have, any direct or indirect obligations to Consultant's
Representative in connection with the Prior Consulting Services, this Agreement
or otherwise arising as a result of Consultant's Representative's performance
(on behalf of Consultant) of the Prior Consulting Services or the Consulting
Services, (d) with respect to any fees or other payment to Consultant under this
Agreement or in connection with the Prior Consulting Services, Consultant shall
make and pay all contributions, tax payments, estimated tax payments or other
tax liabilities, as required for itself and its employees and agents (including,
without limitation, Consultant's Representative), (c) Consultant shall bear sole
responsibility for paying compensation and providing benefits to its employees
and agents (including, without limitation, Consultant's Representative), and (f)
Consultant shall comply with applicable U.S. immigration and federal, state and
local labor and employment laws, rules and regulations with respect to its
employees and agents (including, without limitation, Consultant's
Representative). It is understood and agreed that Consultant has the fall power
and authority to enter into this Agreement and to select the means, manner and
method of performing the Consulting Services with direction by the Company and
Consultant's employees and agents (including, without limitation, Consultant's
Representative) shall at all times be under Consultant's direction and control.
Compliance by Consultant or its employee and agents (including, without
limitation, Consultant's Representative) with the Company's stated objectives or
practices shall not affect Consultant's status as an independent contractor and
shall not relieve Consultant of the obligations assumed by it under this
Agreement. Notwithstanding the foregoing, the Company shall have the right to
direct the priority of the Consulting Services to be rendered, as the Company,
in its sole discretion, determines.

                                      -4-

<PAGE>

6. MONTHLY CONSULTING FEES; DISCRETIONARY PERFORMANCE FEE: EXPENSES

     (a) MONTHLY CONSULTING FEES. As payment for all Consulting Services
rendered by Consultant under this Agreement, the Company shall pay to Consultant
the sum of $6,300 per month (prorated for partial months) (the "MONTHLY
CONSULTING FEES"). Notwithstanding the foregoing, upon the completion of an
initial public offering of the Company's common stock (the "IPO"), the Monthly
Consulting Fees will be increased as follows: (a) if the gross proceeds of the
IPO are at least $10,000,000, the Monthly Consulting Fees will be increased to
$20,000 per month (prorated for partial months); (b) if the gross proceeds of
the IPO are greater than $5,000,000, but less than $10,000,000, the Monthly
Consulting Fees will be increased to $15,000 per month (prorated for partial
months); and (c) if the gross proceeds of the IPO are $5,000,000 or less, the
Monthly Consulting Fees will be increased to $10,000 per month (prorated for
partial months). The Monthly Consulting Fees shall be subject to periodic review
(which shall occur at least annually) and such periodic increases as the Board
or the Compensation Committee of the Board (the "COMPENSATION COMMITTEE") shall
deem appropriate in its discretion. The term "MONTHLY CONSULTING FEES" as used
in this Agreement shall refer to the Monthly Consulting Fees, as the same nay be
increased in accordance with the terms of this Section 6(a). Nothing in this
Agreement shall constitute an assurance that the Company will consummate the IPO

All Monthly Consulting Fees shall be payable without deduction for federal
income, social security, or state or local income taxes. The Monthly Consulting
Fees shall be paid on the last day of the calendar month in which they are
earned. If any Monthly Consulting Fees earned by Consultant are not paid within
thirty (30) days of the due date thereof, Consultant shall notify the Company in
writing and the Company shall have fifteen (15) days from receipt of such notice
to cure such payment, unless other arrangements have been made by mutual
agreement between Consultant and the Company. In the absence of such special
arrangement and if within the fifteen (15) days cure period the outstanding
Monthly Consulting Fees are not paid, then the outstanding Monthly Consulting
Fees shall be deemed a late payment and shall be deemed a late payment and shall
accrue interest at the Prime Rate (as defined below) from the date such Monthly
Consulting Fees were due. As used herein, "Prime Rate" means the rate set forth
as the "Prime Rate" in The Wall Street Journal published most recently prior to
the date such. past due Monthly Consulting Fees became due and payable to
Consultant.

                                      -5-

<PAGE>

     -6- (b) PERFORMANCE FEES. In addition to the Monthly Consulting Fees,
during the Term Consultant will be eligible for an annual performance-based fee
(the "PERFORMANCE FEE"), the amount of which, if any, shall be determined in the
Board's or the Compensation Committee's sole discretion. The criteria for
determining the Performance Fee shall include, without limitation, the Company's
performance, the Company's assessment of Consultant's contributions to the
Company performance, and the level of discretionary bonuses and/or fees to be
awarded to the Company's executive level employees and agents. The Performance
Fee, if any, shall be determined as of the end of each fiscal year during the
Term and payable within sixty (60) days of the last day of each such year. To be
eligible to receive any Performance Fee (or portion thereof), Consultant must be
engaged by the Company both at the time the amount of the Performance Fee, if
any, is determined, and at the time any such Performance Fee is to be paid. All
Performance Fees shall be payable without deduction for federal income, social
security, or state or local income taxes.

     (c) STOCK OPTION GRANTS. During the Term, Consultant shall be eligible to
receive from time to time stock option grants in amounts, if any, to be
determined by the Board or the Compensation Committee in its sole discretion.
Such discretionary stock option grants, if any, will be subject the terms and
conditions established within the Company's stock option plan or any successor
stock option plan as may be in place from time to time and a separate stock
option grant agreement between the Company and Consultant that sets forth, among
other things, the exercise price, expiration date and vesting schedule of such
options.

     (d) EXPENSES. Consultant shall be promptly reimbursed by the Company for
all reasonable business expenses that are pre-approved by the Company, provided
that such expenses are deductible by the Company for U.S. Federal income tax
purposes and were incurred by Consultant during the Term in connection with the
performance of the Consulting Services and provided further that Consultant
promptly presents to the Company an itemized account of such expenditures,
together with supporting vouchers, in accordance with the Company's policies for
independent contractors as are in effect from time to time.

     (e) NO FEES FOR SCIENTIFIC ADVISORY BOARD SERVICES. The Company and the
Consultant hereby acknowledge and agree that notwithstanding anything to the
contrary contained in this Agreement, neither the Consultant nor the
Consultant's Representative shall receive any compensation for Consultant's
Representative's services in his capacity as Chairman or a member of the
Company's Scientific Advisory Board other than reimbursement for expenses
incurred by the Consultant on behalf of the Company.

7. 2004 STOCK GRANT. Consultant's Representative acknowledges that, on January
5, 2004, the Company issued to him 140,000 shares of its common stock (the "2004
Stock Grant"), including 16,000 shares that were vested immediately upon
issuance and 124,000 shares subject to forfeiture that vest in five (5) equal
yearly installments on January 5 of each year following the year of the grant
through and including January 5, 2009 (the "Vesting Schedule"). Consultant's
Representative further acknowledges and agrees that the shares issued in
connection with the 2004 Stock Grant are subject to the Voting Agreement dated
as of January 5, 2004, as amended (the "Voting Agreement"), and Consultant's
Representative shall execute any applicable lock-up or voting right agreements
as may be required by the Company in connection with the IPO. The shares issued
in connection with the 2004 Stock Grant are further restricted by the Securities
Act of 1933 (the "Act") and Consultant's Representative will cooperate with the
Company in the preparation and execution of any documents or filings pursuant to
the Act with respect to Consultant's Representative's shares.

                                      -6-

<PAGE>

8. TERMINATION EVENTS. This Agreement and Consultant's engagement to provide the
Consulting Services hereunder may be terminated as follows:

     (a) DEATH. In the event of Consultant's Representative's death, this
Agreement and the Consultant's engagement to perform the Consulting Services
shall automatically terminate on the date of death.

     (b) DISABILITY. In the event of Consultant's Representative's Disability
(as defined below), the Company may terminate this Agreement and Consultant's
engagement to perform the Consulting Services upon notice to Consultant. As used
in this Agreement, "Disability" means a physical or mental disability that
prevents Consultant's Representative from performing, on behalf of Consultant,
the Consulting Services for a period of at least 90 consecutive days in any
12-month period or 120 non-consecutive days in any 12-month period.
Notwithstanding any physical or mental disability that prevents Consultant's
Representative from performing, on behalf of Consultant, the Consulting
Services, (i) the Company shall continue to pay the Consulting Fees to
Consultant, and (ii) the shares of stock granted to Consultant's Representative
in connection with the 2004 Stock Grant shall continue to vest in accordance
with the Vesting Schedule, in each case, through and until the date that the
Company terminates this Agreement and Consultant's engagement to perform the
Consulting Services as a result of Consultant's Representative's Disability.

     (c) TERMINATION BY THE COMPANY FOR CAUSE. The Company may terminate this
Agreement and Consultant's engagement to perform the Consulting Services
hereunder at any time for Cause (as defined below) by delivering a written
notice of termination to Consultant (a "Termination for Cause") As used in this
Agreement, "Cause" shall mean:

          (i) the continued failure by Consultant to follow, or cause
Consultant's Representative to follow, the lawful duties delegated to Consultant
by the Company's Chief Executive Officer, the Company's President and/or the
Board (other than a failure resulting from an illness or other incapacity of
Consultant's Representative) ten (10) days following written notice of such
failure is delivered to Consultant on behalf of the Company that specifically
identifies the manner in which it is alleged that Consultant has not
substantially performed, or caused Consultant's Representatives to perform, such
duties;

          (ii) Consultant's and/or Consultant's Representative's willful
misconduct or gross negligence that is, or reasonably could be expected to be,
injurious in the reasonable discretion of the Company to the business,
operations or reputation of the Company (monetarily or otherwise);

          (iii) Consultant's and/or Consultant's Representative's commission of
a fraudulent, illegal or dishonest act in respect of the Company,

                                      -7-

<PAGE>

          (iv) Consultant's failure to adhere, or cause Consultant's
Representative to adhere, to any applicable policy or procedure of the Company,
which failure has, or reasonably could be expected to hay; an adverse effect on
the business, operations or reputation of the Company (monetarily or otherwise);

          (v) Consultant's or Consultant's Representative's conviction of, or
guilty or nolo contendere plea to, a felony or other criminal act involving
moral turpitude; or

          (vi) Consultant's or Consultant's Representative's breach of any of
the terms of Section 10 of this Agreement or other material breach of its or his
representations, warranties, covenants or other obligations set forth in this
Agreement.

The Company's termination of this Agreement and Consultant's engagement to
perform the Consulting Services hereunder shall not be deemed a `Termination for
Cause" unless and until there shall have been delivered to Consultant a copy of
a resolution duly adopted by the affirmative vote of not less than a majority of
the entire membership of the Board at a meeting of the Board called and held for
such purpose (after reasonable notice is provided to Consultant and Consultant
is given an opportunity, together with counsel, to be heard before such Board),
finding that, in the good faith opinion of such Board, Consultant and/or
Consultant's Representative is guilty of the conduct described in any of
subparagraphs (i)-(vi) (inclusive) above, and specifying the particulars thereof
in detail.

     (d) TERMINATION BY THE COMPANY WITHOUT CAUSE. The Company may terminate
this Agreement and Consultant's engagement to perform the Consulting Services
hereunder at any time for no reason or any reason (other than for Cause or as a
result of Consultant's Representative's death or Disability) by delivering a
written notice to Consultant (a "WITHOUT CAUSE TERMINATION").

     (e) VOLUNTARY TERMINATION BY CONSULTANT. Consultant may voluntarily
terminate this Agreement and Consultant's engagement to perform the Consulting
Services hereunder other than for Good Reason (as defined below) by giving the
Company sixty (60) days advance written notice of termination (a "VOLUNTARY
TERMINATION"); provided, however, the Company reserves the right to accept
Consultant's notice of Voluntary Termination and to accelerate such notice and
make the termination of this Agreement and Consultant's engagement to perform
the Consulting Services hereunder effective immediately, or on any other date
prior to the date set forth in Consultant's notice of Voluntary Termination as
Consultant deems appropriate.

     (f) TERMINATION BY CONSULTANT FOR GOOD REASON. Consultant may terminate
this Agreement and Consultant's engagement to perform the Consulting Services
hereunder for Good Reason by giving the Company written notice of termination (a
"GOOD REASON TERMINATION"). As used in this Agreement, "GOOD REASON" shall mean,
in the absence of a written consent of Consultant:

          (i) the failure of the Company to pay any Monthly Consulting Fees due
to Consultant or the reduction by the Company in the amount of the Monthly
Consulting Fees due to Consultant, other than failures and/or reductions that
are remedied by the Company within 30 days after receipt of written notice
thereof given by Consultant;

                                      -8-

<PAGE>

          (ii) any material failure by the Company to comply with any material
provision of this Agreement, other than failures that are remedied by the
Company within thirty (30) days after receipt of written notice thereof given by
Consultant; or

          (iii) the Company's continued requirement that Consultant perform
services that would result in a non-compliance with or violation of any
applicable law, regulation, regulatory bulletin, and or other regulatory
requirement thirty (30) days after the Company's receipt of written notice from
Consultant that sets forth the basis for Consultant's objection to performing
such services.

     (g) MUTUAL AGREEMENT. This Agreement and Consultant's engagement to perform
the Consulting Services hereunder may be terminated at any time pursuant to a
mutual written agreement between the Company and Consultant (a "MUTUAL
TERMINATION").

     (h) EXPIRATION OF TERM. This Agreement and Consultant's engagement to
perform the Consulting Services shall automatically terminate upon expiration of
the Term.

9. EFFECT OF TERMINATION.

     (a) TERMINATION BY THE COMPANY FOR CAUSE; TERMINATION BY CONSULTANT WITHOUT
GOOD REASON: MUTUAL AGREEMENT. In the event that this Agreement and Consultant's
engagement to perform the Consulting Services is terminated as a result of a
Termination for Cause, a Voluntary Termination, or a Mutual Termination, then
this Agreement, the Consulting Period and Consultant's engagement to perform the
Consulting Services shall terminate and the Company's sole obligation under this
Agreement or otherwise shall be to (i) pay to Consultant any Monthly Consulting
Fees earned, but not yet paid, through the effective date of termination, and
(ii) pay or reimburse Consultant for any expenses incurred by Consultant through
the effective date of termination in accordance with Section 6(d) above
(collectively, the "ACCRUED OBLIGATIONS"). Consultant's Representative
understands and agrees that, in the event of a Termination for Cause, a
Voluntary Termination, or a Mutual Termination, all shares of stock issued to
Consultant's Representative in connection with the 2004 Stock Grant that have
not vested prior to the effective date of termination shall be forfeited

     (b) DEATH; DISABILITY. In the event that this Agreement and Consultant's
engagement to perform the Consulting Services is terminated as a result of
Consultant's Representative's death or Disability, then this Agreement, the
Consulting Period and Consultant's engagement to perform the Consulting Services
shall terminate and the Company's sole obligation under this Agreement or
otherwise shall be to (i) pay to Consultant the Accrued Obligations, and (ii)
subject to Consultant's and Consultant's Representative's or Consultant's
Representative's estates', as applicable, execution, delivery and non-revocation
of a general release in a form satisfactory to the Company (the "RELEASE")
(which Release, among other things, will include a general release of the
Company, its affiliates and their respective officers, directors, managers,
members, shareholders, partners, employees and agents, as well as their
respective successors and assigns from all liability and such other terms deemed
necessary by the Company for its protection), continue to pay to Consultant the
Monthly Consulting Fees in accordance with Section 6(a) above for a period of
twelve (12) months following the effective date of termination. Consultant's
Representative understands and agrees that, in the event that this Agreement and
Consultant's engagement to perform the Consulting Services is terminated as a
result of Consultant's Representative's death of Disability, all shares of stock
issued to Consultant's Representative in connection with the 2004 Stock Grant
that have not vested prior to the date of Consultant's Representative's death or
the date that this Agreement is terminated as a result of Consultant's
Representative's Disability, as applicable, shall be forfeited.

                                      -9-

<PAGE>

     (c) WITHOUT CAUSE TERMINATION; GOOD REASON TERMINATION.

          (i) In the event that this Agreement and Consultant's engagement to
perform the Consulting Services is terminated as a result of a Without Cause
Termination or a Good Reason Termination prior to the seven (7) year anniversary
of the Commencement Date, then this Agreement, the Consulting Period and
Consultant's engagement to perform the Consulting Services shall terminate and
the Company's sole obligation under this Agreement or otherwise shall be to (A)
pay to Consultant the Accrued Obligations, and (B) subject to Consultant's and
Consultant's Representative's execution, delivery and non-revocation of the
Release, continue to pay to Consultant the Monthly Consulting Fees in accordance
with Section 6(a) for a period of twenty-four (24) months following the
effective date of termination.

          (ii) In the event that this Agreement and Consultant's engagement to
perform the Consulting Services is terminated as a result of a Without Cause
Termination or a Good Reason Termination after the seven (7) year anniversary of
the Commencement Date, then this Agreement, the Consulting Period and
Consultant's engagement to perform the Consulting Services shall terminate and
the Company's sole obligation under this Agreement or otherwise shall be to (A)
pay to Consultant the Accrued Obligations, and (B) subject to Consultant's and
Consultant's Representative's execution, delivery and non-revocation of the
Release, continue to pay to Consultant the Monthly Consulting Fees in accordance
with Section 6(a) for a period of twelve (12) months following the effective
date of termination.

     [The Company acknowledges and agrees that, in the event of a Termination
without Cause or a Good Reason Termination, the shares of the Company's common
stock issued to Consultant's Representative in connection with the 2004 Stock
Grant shall continue to vest in accordance with the Vesting Schedule; provided,
however, in the event of a Termination without Cause or a Good Reason
Termination: within twelve (12) months following a Change of Control (as defined
below), all such shares of common stock of the Company that were granted to
Consultant's Representative in connection with the 2004 Stock Grant shall be
deemed fully vested upon the date of termination.] As used in this Agreement,
"Change of Control" means:

     (A) Any "person" (as such term is used in Section 13(d) and 14(d) of the
     Securities Exchange Act of 1934, as amended) becomes the "beneficial owner"
     (as defined in Rule 13d-3 under said Act), directly or indirectly, of
     securities of the Company representing more than 50% of the total voting
     power represented by the Company's then outstanding voting securities;
     provided, however, the consummation of the IPO and/or the exercise or
     conversion of any instruments as of the closing date of the 1PO tail not be
     deemed a Change of Control;

                                      -10-

<PAGE>

     (B) The consummation of a merger or consolidation of the Company with any
     other corporation, other than a merger or consolidation which would result
     in the voting securities of the Company outstanding immediately prior
     thereto continuing to represent (either by remaining outstanding or by
     being converted into voting securities of the surviving entity) at least
     fifty percent (50%) of the total voting power represented by the voting
     securities of the Company or such surviving entity outstanding immediately
     alter such merger or consolidation; or

     (C) The consummation of the sale or disposition by the Company of all or
     substantially all of the Company's assets.

     (d) EXPIRATION OF TERM.

          (i) In the event that this Agreement and Consultant's engagement to
perform the Consulting Services terminates upon the expiration of the Term as a
result of Consultant's notice to the Company of its election not to renew this
Agreement or the Company's notice to Consultant of its election not to renew
this Agreement beyond the seven (7) year anniversary of the Commencement Date,
then this Agreement, the Consulting Period and the Consultant's engagement to
perform the Consulting Services shall terminate and the Company's sole
obligation under this Agreement or otherwise shall be to pay to Consultant the
Accrued Obligations.

          (ii) In the event that this Agreement and Consultant's engagement to
perform the Consulting Services terminates upon the expiration of the Term as a
result of the Company's notice to Consultant of its election not to renew this
Agreement beyond the initial five (5) year Term or beyond the first one (1) year
renewal of the Term, then this Agreement, the Consulting Period and the
Consultant's engagement to perform the Consulting Services shall terminate and
the Company's sole obligation under this Agreement or otherwise shall be to (A)
pay to Consultant the Accrued Obligations, and (B) subject to Consultant's and
Consultant's Representative's execution, delivery and non-revocation of the
Release, continue to pay to Consultant the Monthly Consulting Fees in accordance
with Section 6(a) for a period of twenty-four (24) months following the
effective date of termination.

All Accrued Obligations shall be paid to Consultant on the last day of the
calendar month following the effective date of this Agreement and Consultant's
engagement to perform the Consulting Agreement. Except with respect to the
Accrued Obligations, any payments required to be made by the Company to
Consultant following the termination of this Agreement shall commence on the
first business day of the calendar month following the 8th day after
Consultant's and Consultant's Representative's execution and delivery of the
Release; provided, however, that if necessary to comply with the restriction in
Section 409A(a)(2)(B) of the Internal Revenue Code of 1986, as amended (the
"CODE") concerning payments to "specified employees," such payments shall not
commence until the first business day of the seventh month following the
effective date of termination and the first such payment shall include the
cumulative amount of any payments that would have been paid prior to such date
if not for such restriction. Consultant shall have no obligation to seek a
substitute engagement or otherwise mitigate the Company's obligations to make
the payments set forth in this Section 9.

                                      -11-

<PAGE>

10. CONFIDENTIAL INFORMATION, DEVELOPMENTS: NON-SOLICITATION AND
NON-COMPETITION, AND OTHER COVENANTS.

     (a) CONFIDENTIAL INFORMATION. Consultant and Consultant's Representative
acknowledge that, in connection with the Prior Consulting Services Consultant
and Consultant's Representative were afforded, and, in connection with the
Consulting Services under this Agreement Consultant and Consultant's
Representative will be afforded, access to Confidential Information relating to
the Company, its business, potential business or that of its customers and
vendors. "CONFIDENTIAL INFORMATION" includes all trade secrets, know-how,
show-how, theories, technical, operating, financial, and other business
information, whether or not reduced to writing or other medium and whether or
not marked or labeled confidential, proprietary or the like, specifically
including, but not limited to, information regarding source codes, software
programs, computer systems, algorithms, formulae, concepts, creations, costs,
plans, materials, enhancements, research, specifications, works of authorship,
techniques, documentation, models and systems, sales and pricing techniques,
designs, inventions, discoveries, products, improvements, modifications,
methodology, processes, concepts, records, files, memoranda, reports, plans,
proposals, price lists, customer, client, and supplier lists and information,
product development and project procedures. Confidential Information does not
include (i) general skills, experience, or information that is generally
available to the public, other than information that has become generally
available as a result of Consultant's or any if its employee's or agents' direct
or indirect act or omission, or (ii) information that is required to be
disclosed pursuant to any applicable law, regulation, judicial or administrative
order or decree, or request by any other regulatory organization having
authority pursuant to law; provided, however, that Consultant and/or
Consultant's employees or agents (including, without limitation, Consultant's
Representative), as applicable, shall have first given written notice to the
Company to afford it a reasonable opportunity to obtain a protective order
requiring that the Confidential Information not be disclosed and, in the event
such protective order is not obtained, Consultant and/or its employees or agents
(including, without limitation, Consultant's Representative), as applicable,
shall disclose only that portion of the Confidential Information that Consultant
or Consultant's Representative is legally obligated to disclose.

     With respect to Confidential Information of the Company and its customers
and vendors:

          (i) Consultant and its employees and agents (including, without
limitation, Consultant's Representative) have used, and will use, Confidential
Information only in the performance of the Prior Consulting Services and the
Consulting Services for the Company Neither Consultant nor any of its employees
or agents (including, without limitation, Consultant's Representative) have
used, or will use, Confidential Information at any time (during or after
Consultant's engagement by the Company) for its or their own personal benefit,
for the benefit of any other individual or entity, or in any manner adverse to
the interests of the Company or its customers or vendors;

                                      -12-

<PAGE>

          (ii) Neither Consultant nor its employees and agents (including,
without limitation, Consultant's Representative) have disclosed, or will
disclose, Confidential Information at any time (during or after Consultant's
engagement by the Company) except to authorized Company personnel, unless the
Company consented or consents in advance in writing or unless the Confidential
Information indisputably became or becomes of public knowledge or enters the
public domain (other than through Consultant's or its employees' or agents'
direct or indirect act or omission);

          (iii) Consultant and its employees and agents (including, without
limitation, Consultant's Representative) have safeguarded, and will safeguard,
the Confidential Information by all reasonable steps and have abided by, and
will continue to abide by, all policies and procedures of the Company in effect
from time to time regarding storage, copying, destruction, and handling of
documents;

          (iv) Consultant and Consultant's Representative acknowledge that the
Company may be required to sign non-disclosure or confidentiality agreements
with customers or vendors, prospective customers or vendors, and other third
parties in which the Company agrees that its employees and agents (and its
agents' employees and agents) will not disclose Confidential Information of such
customers or vendors, prospective customers or vendors, or other third parties.
By executing this Agreement, Consultant and Consultant's Representative
acknowledge and agree that the Company may rely, and will rely, on this
Agreement for purposes of entering into such other agreements. Further,
Consultant and Consultant's Representative will execute and abide by all
confidentiality agreements reasonably requested by the Company's customers, or
vendors, prospective customers or vendors, and other third parties; and

          (v) Consultant and its employees and agents (including, without
limitation, Consultant's Representative) will return all materials, substances,
models, software, prototypes and the like containing and/or relating to
Confidential Information, together with all other property of the Company and
its customers and vendors to the Company when Consultant's consulting
relationship with the Company terminates or otherwise on demand and, at that
time Consultant and Consultant's Representative will certify to the Company, in
writing, that Consultant and its employees and agents (including, without
limitation, Consultant's Representative) have complied with this Agreement.
Neither Consultant nor its employees and agents (including, without limitation,
Consultant's Representative) shall retain any copies or reproductions of
correspondence, memoranda, reports, notebooks, drawings, photographs, databases,
diskettes, or other documents or electronically stored information of any kind
relating in any way to the business, potential business or affairs of the
Company and its customers and vendors.

     (b) DEVELOPMENTS. Consultant and Consultant's Representative have
disclosed, and will disclose, promptly and fully to the Company and to no one
else: (i) all inventions, ideas, improvements, discoveries, works,
modifications, processes, software programs, works of authorship, documentation,
formulae, techniques, designs, methods, trade secrets, technical specifications
and technical data, know-how and show-how, concepts, expressions or other
developments whatsoever or any interest therein (whether or not patentable or

                                      -13-

<PAGE>

registrable under copyright, trademark or similar statutes or subject to
analogous protection) made, authored, devised, developed, discovered, reduced to
practice, conceived or otherwise obtained by Consultant, Consultant's
Representative or Consultant's other employees and agents (collectively,
together with all patent rights, copyrights, trade secret rights and other
intellectual property rights, worldwide, and the right to sue for present, past
and future infringements thereof, the "Developments"), solely or jointly with
others, during the course of Consultant's engagement by the Company (whether
prior to or after the date of this Agreement) that (A) are related to the
business of the Company or any of the products or services being researched,
developed, distributed, manufactured or sold by the Company or which may be used
in relation therewith or (B) result from tasks assigned to Consultant,
Consultant's Representative or any other employee or agent of Consultant by the
Company; (ii) any Development that is related to the business of the Company and
in which Consultant and/or Consultant's Representative had an assignable
interest at the time of Consultant first engagement by the Company, (iii) any
Development made using the time, materials or facilities of the Company, even if
such Development does not relate to the business of the Company. The
determination as to whether a Development is related to the business of the
Company shall be made solely by an authorized representative of the Company. Any
Development relating to the business of the Company disclosed within six (6)
months following the termination of Consultant's engagement by the Company shall
be deemed to fall within the provisions of this Section 10(b). The "business of
the Company" as used in this Section 10(b) includes the actual business
currently conducted by the Company, as well as any business conducted by the
Company during the course of the Prior Consulting Services and any business in
which the Company proposes to engage at any time during the period of
Consultant's engagement. Consultant and Consultant's Representative agree that,
to the maximum extent possible, all such Developments listed above and the
benefits thereof are and shall immediately become the sole and absolute property
of the Company from conception, as "works made for hire" (as that term is used
under the U.S. Copyright Act of 1976, as amended) or otherwise. Neither
Consultant nor Consultant's Representative shall have an interest in any
Developments. To the extent that title to any Developments or any materials
comprising or including any Developments did not or does not, by operation of
law, vest in the Company, Consultant and Consultant's Representative hereby
irrevocably assign to the Company all of Consultant's and Consultant's
Representative's right, title and interest (including, without limitation,
tangible and intangible rights such as patent rights, trademarks, copyrights and
all other intellectual property rights, worldwide, and the right to sue for
present, past and future infringements thereof) that Consultant and/or
Consultant's Representative may have or may acquire in and to all such
Developments, benefits and/or rights resulting therefrom, and agree promptly to
execute any further specific assignments related to such Developments, benefits
and/or rights at the request of the Company- Consultant and Consultant's
Representative also hereby assign to the Company, or waive if not assignable,
all of Consultant's and/or Consultant's Representative's "moral rights" in and
to all such Developments, and agree promptly to execute any further specific
assignments or waivers related to moral rights at the request of the Company.

Consultant and Consultant's Representative agree to assist the Company without
charge for so long as Consultant is engaged by the Company and for as long
thereafter as may be necessary (but at the Company's expense including
reasonable compensation to Consultant and/or Consultant's Representative if
Consultant is no longer engaged by the Company): (1) to apply, obtain, register
and renew for, and vest in, the Company's benefit alone (unless the Company
otherwise directs), patents, trademarks, copyrights, mask works, and other
protection for such Developments in all countries, and (2) in any controversy or
legal proceeding relating to Developments.

                                      -14-

<PAGE>

In the event that the Company is unable to secure Consultant's and/or
Consultant's Representative's signature after reasonable effort in connection
with any patent, trademark, copyright, mask work or other similar protection
relating to a Development, Consultant and Consultant's Representative hereby
irrevocably designate and appoint the Company and its duly authorized officers
and agents as Consultant's and Consultant's Representative's agent and
attorney-in-fact, to act for and on Consultant's and Consultant's
Representative's behalf and stead to execute and file any such application and
to do all other lawfully permitted acts to further the prosecution and issuance
of patents, trademarks, copyrights, mask works or other similar protection
thereon with the same legal force and effect as if executed by Consultant or
Consultant's Representative.

     (c) COVENANT AGAINST COMPETITION AND SOLICITATION.

          (i) Consultant and Consultant's Representative acknowledge and
understand that, in view of the nature of Consultant's engagement by the
Company, Consultant's and Consultant's Representative's relationship with the
Company will afford Consultant and its employees and agents (including, without
limitation, the Consultant's Representative) extensive access to Confidential
Information of the Company. Consultant and Consultant's Representative therefore
agree that during the Restricted Period (as defined below), neither Consultant
nor Consultant's Representative shall, anywhere in the world, either directly or
indirectly, as an owner, stockholder, member, partner, joint venturer, officer,
director, consultant, independent contractor, agent, or employee, with or
without remuneration, engage in any business or other commercial activity that
is engaged in or is seeking to engage in the business of (i) designing,
developing and/or commercializing electrotherapeutic technologies or (ii)
designing, developing, marketing, selling, distributing and/or providing any
products or services that are of the same nature as a product or service
provided by the Company or a product or service which the Company is developing
or seeking to provide and of which the Consultant or Consultant's Representative
has knowledge. Notwithstanding the foregoing, nothing herein shall be deemed to
prohibit Consultant's or any Consultant's Representative's ownership of less
than 5% of the outstanding shares of any publicly traded corporation that
conducts a competitive business. As used in this Agreement, "Restricted Period"
means during the course of Consultant's engagement by the Company and a period
following the termination of Consultant's engagement by the Company (for any
reason or no reason and regardless of which Party initiated the termination)
equal to the longer (i) eighteen (18) months, and (ii) the period, if any,
following termination of Consultant's engagement by the Company during which the
Company continues to pay Consultant the Monthly Consulting Fees in accordance
with the terms of Section 9 above.

          (ii) Consultant and Consultant's Representative further agree that,
during the Restricted Period, neither nor Consultant's Representative shall,
directly or indirectly, either on its or his own behalf or on behalf of any
other individual or commercial enterprise: (A) contact, communicate, solicit, or
transact any business with or assist any third party in contacting,
communicating, soliciting, or transacting any business with (1) any of the
customers, or vendors of the Company, (2) any prospective customers or vendors
of the Company being solicited (with the knowledge of Consultant or Consultant's
Representative) at the time of the termination of Consultant's engagement, or
(3) any individual or entity who or which was within the most recent twelve (12)
month period a customer or vendor of the Company, for the purpose of inducing

                                      -15-

<PAGE>

such client, customer or vendor or prospective client, customer or vendor to be
connected to or benefit from any business competitive with that of the Company
or to terminate its or their business relationship with the Company, (B) perform
services related to those provided by the Company for (or assist any third party
arty in performing services related to those provided by the Company for) any
individual or entity who or which is or was (within the most recent twelve (12)
month period) a customer of the Company; (C) solicit, induce or assist any third
party in soliciting or inducing any individual or entity who or which is then
(or was at any time within the preceding 12 months) an employee, consultant,
independent contractor, or agent of the Company to leave the employment of the
Company or cease performing services for the Company, (D) hire or engage or
assist any third party in hiring or engaging, any individual or entity who or
which is or was (at any time within the preceding 12 months) an employee,
consultant, independent contractor, or agent of the Company, or (B) solicit,
induce or assist any third party in soliciting or inducing any other person or
entity (including, without limitation, any third-party service provider or
distributor) to terminate its relationship with the Company or otherwise
interfere with such relationship.

     (d) NON-DISPARAGEMENT. Consultant and Consultant's Representative agree
that during the Term and all times thereafter, neither Consultant nor
Consultant's Representative shall disparage the reputation of the Company or any
of its officers, directors, employees, or representatives. The Company agrees
that it will instruct its officers and directors to refrain from disparaging the
reputation of Consultant or Consultant's Representative.

     (e) REASONABLE RESTRICTIONS. Consultant and Consultant's Representative
acknowledge and agree that the restrictions on the activities in which
Consultant and Consultant's Representative may engage that are set forth in this
Section 10 and the location and period of time for which such restrictions apply
are reasonable and necessary to protect the Company's legitimate business
interests. In the event of Consultant's or Consultant's Representative's breach
or threat of breach of any of the provisions set forth in this Section 10, the
Company would suffer irreparable harm and damages would be an inadequate remedy.
Consultant and Consultant's Representative further acknowledge that the business
of the Company is global and, accordingly, the restrictions cannot be limited to
a particular geographic area. Consultant and Consultant's Representative hereby
waive the right to assert the defense that such breach or violation can be
compensated adequately in damages at law. Accordingly, Consultant and
Consultant's Representative agree that, in the event of Consultant's or
Consultant's Representative's breach or threatened breach of any of the
provisions of this Section 10, the Company shall be entitled to temporary,
preliminary and permanent injunctive or other equitable relief in any court of
competent jurisdiction (without being obligated to post a bond or other
collateral) and to an equitable accounting of all earnings, profits and other
benefits arising, directly or indirectly, from such violation, which rights
shall be cumulative and in addition to (rather than instead of) any other rights
or remedies to which the Company may be entitled at law or in equity. In
addition (and not instead of those rights), Consultant and Consultant's
Representative farther covenant that Consultant and Consultant's Representative
shall be responsible for payment of the fees and expenses of the Company's
attorneys and experts, as well as the Company's court or forum costs, pertaining
to any suit, arbitration, mediation, action or other proceeding (including the
costs of any investigation related thereto) arising directly or indirectly out
of Consultant's or Consultant's Representative's violation or threatened
violation of any of the provisions of this Section 10. Consultant and
Consultant's Representative further understand and agree that, in addition to
any of the remedies set forth above or otherwise at law or in equity, any
post-termination payments owed to Consultant pursuant to Sections 9(b), 9(c) or
9(d)(ii) will be forfeited in the event of Consultant's or Consultant's
Representative's breach of any of its or his obligations under this Section 10
or any other provision of this Agreement that survives termination of this
Agreement. Consultant and Consultant's Representative understand and agree that
its and his obligations under this Section 10 shall not be affected by any
circumstances, including, without limitation, any set-off, counterclaim,
recoupment, defense or other right that Consultant and/or Consultant's
Representative may have against the Company.

                                      -16-

<PAGE>

     (f) SEPARATE COVENANTS. in the event that any court of competent
jurisdiction shall determine that any one or more of the provisions of this
Section 10 shall be unenforceable in any respect, then such provision shall be
deemed limited and restricted to the extent that the court shall deem the
provision to be enforceable. It is the intention of the parties hereto that the
covenants and restrictions set forth in Section 10 be given the broadest
interpretation permitted by law. The invalidity or unenforceability of any
provision of Section 10 shall not affect the validity or enforceability of any
other provisions thereof The covenants and restrictions contained in Section 10
shall be deemed a series of separate covenants and restrictions. If, in any
judicial proceeding, a court of competent jurisdiction should refuse to enforce
all of the separate covenants and restrictions in Section 10, then such
unenforceable covenants and restrictions shall be deemed eliminated from the
provisions of Section 10 for the purpose of such proceeding to the extent
necessary to permit the remaining separate covenants and restrictions to be
enforced in such proceeding.

11. INDEMNIFICATION. Consultant and Consultant's Representative hereby indemnify
the Company and holds it harmless from any and all losses, suits, actions,
judgments, penalties, fines, costs, damages, liabilities or claims of any kind
or nature, whether joint or several (Including, without limitation, reasonable
legal or any other expenses incurred by the Company in connection with the
preparation for or defense of any actions, claim or proceeding, whether or not
resulting in any all liability) to which the Company may become subject or
liable or which may be incurred by or assessed against the Company under any
statute, common law, contract or otherwise arising out of (a) Consultant's
performance (or Consultant's Representative's performance on behalf of
Consultant) of the services in connection with the Prior Consulting Services or
the Consulting Services pursuant to this Agreement, including, without
limitation, any actions or omissions by Consultant's Representative, (b)
Consultant's failure to make or pay all contributions, tax payments, estimated
tax payments or other tax liabilities, pay compensation and provide benefits to
its employees and agents, or comply with applicable immigration, labor, and
employment laws, rules and regulations as required by Section 5 of this
Agreement, (c) Consultant's and/or the Consultant's Representative's breach of
any of the provisions of Section 10, or (iv) the Consultant's and/or the
Consultant's Representative's material breach of any of the other
representations, terms or provisions of this Agreement or the arrangement
pertaining to the Prior Consulting Services. The indemnity and expense
reimbursement agreement and obligations set forth herein shall be in addition to
any other rights, remedies or indemnification that the Company may have or be
entitled to at common law or otherwise.

                                      -17-

<PAGE>

12. REPRESENTATIONS AND WARRANTIES.

     (a) Consultant represents and warrants to the Company that (i) Consultant
has the legal authority to execute and perform this Agreement, (ii) this
Agreement is a valid and binding agreement enforceable against Consultant
according to its terms, (iii) has consulted with its attorneys and financial
advisors with respect to the terms of this Agreement (specifically including,
without limitation the provisions of Section 10), (iv) Consultant has at no time
assigned or otherwise transferred any interest in any Development (including,
but not limited to, any Developments arising from the Prior Consulting
Services), to any third party, or granted any third party any license,
permission, or other right with respect to any such Development, or permitted
any lien, security interest or other encumbrance to be imposed on any such
Development, or entered into any contract or other arrangement pursuant to which
the Consultant has agreed to any of the foregoing and (v) the execution and
delivery by Consultant of this Agreement does not, and the performance by the
Consultant of Consultant's obligations hereunder will not, with or without the
giving of notice or the passage of time, or both (A) violate any judgment, writ,
injunction, or order of any court, arbitrator, or governmental agency applicable
to the Consultant, or (B) conflict with, result in the breach of any provisions
of or the termination of, or constitute a default under, any agreement
(including, without limitation, any confidentiality, non-solicitation,
non-competition or similar agreement) to which Consultant is a party or by which
Consultant may otherwise be bound. Consultant acknowledges and agrees that the
Company has fully satisfied all of its obligations to Consultant with respect to
the Prior Consulting Services and that Consultant has no rights or claims
against the Company or its directors, officers, managers, members, shareholders,
partners, employees or agents, due to, arising out of or relating to, the Prior
Consulting Services, the obligations of the Parties with respect thereto, the
services performed by Consultant and/or the Consultant's Representative in
connection with the Prior Consulting Services or other consulting arrangement
or understanding (including, without limitation, any claims to severance
benefits or compensation of any kind) or otherwise

     (b) Consultant's Representative represents and warrants to the Company that
(i) Consultant's Representative has the legal authority to execute and perform
and perform his obligations under Agreement, (ii) this Agreement is a valid and
binding agreement enforceable against Consultant's Representative according to
its terms, (iii) Consultant's Representative has consulted with his attorneys
and financial advisors with respect to the terms of this Agreement (specifically
including, without limitation, the provisions of Section 10), (iv) Consultant's
Representative has at no time assigned or otherwise transferred any interest in
any Development (including, but not limited to, any Developments arising from
the Prior Consulting Services), to any third party, or granted any third party
any license, permission or other right with respect to any such Development, or
permitted any lien, security interest or other encumbrance to be imposed on any
such Development, or entered into any contract or other arrangement pursuant to
which the Consultant's Representative has agreed to do of the foregoing and (v)
the execution and delivery by Representative of this Agreement does not, and the
performance by Consultant's Representative (on behalf of Consultant) of the
Consulting Services and the performance of his obligations hereunder will not,
with or without the giving of notice or the passage of time, or both (A) violate
any judgment, writ, injunction, or order of any court, arbitrator, or
governmental agency applicable to Consultant's Representative, or (B) conflict
with, result in the breach of any provisions of or the termination of, or
constitute a default under, any agreement (including, without limitation, any
confidentiality, non-solicitation, non-competition or similar agreement) to
which Consultant's Representative is a party or by which Consultant's

                                      -18-

<PAGE>

Representative may otherwise be bound. Consultant's Representative acknowledges
and agrees that he has no rights or claims against the Company or its directors,
officers, managers, members, shareholders, partners, employees or agents, due
to, arising out of or relating to, the Prior Consulting Services, the
obligations of the Parties thereunder, the services performed by Consultant
and/or Consultant's Representative in connection with the Prior Consulting
Services or other consulting arrangement or understanding (including, without
limitation, any claims to severance benefits or compensation of any kind) or
otherwise. Consultant's Representative understands that the Company may, for its
own benefit and in its sole discretion, maintain "key-man" life and disability
insurance policies with respect to Consultant's Representative and Consultant's
Representative agrees to cooperate with the Company in connection with the
Company's obtaining and maintaining such policies.

13. BINDING EFFECT: DELEGATION OF DUTIES PROHIBITED. This Agreement shall inure
to the benefit of, and shall be binding upon, the Company and Consultant and
their respective successors and assigns (including any entity with which the
Company may merge or consolidate or to which all or substantially all of its
assets may be transferred). With respect to Section 3,5,7, 9(a), 9(b), 10, 11,
12)b), and 13 through 22 (inclusive) only, this Agreement also shall be binding
upon Consultant's Representative and his heirs, executors and assigns. The
duties and covenants of Consultant and Consultant's Representative, being
personal, may not be delegated or assigned.

14. NOTICE. All notices, requests, demands and other communications required or
permitted hereunder shall be given in writing and shall be deemed to have been
duly given (a) on the date delivered if personally delivered, (b) on the date
sent by telecopier with automatic confirmation by the transmitting machine
showing the proper number of pages were transmitted without error, (c) upon
receipt by the receiving party of any notice sent by registered or certified
mail (first-class mail, postage pre-paid, return receipt requested) or (d) on
the date targeted for delivery if delivered by nationally recognized overnight
courier or similar courier service, in each case addressed to the Company,
Consultant and/or Consultant's Representative, as the case may be, at the
respective addresses indicated in the caption of this Agreement or such other
address as either party may in the future specify in writing to the other. In
addition, a copy (which shall not itself constitute notice) of any notice sent
to the Company hereunder shall be sent to: Lowenstein Sandier PC, 65 Livingston
Avenue, Roseland, New Jersey 07068, Tel. 973.597-2476, Fax: 973.597.2569,
Attention: Steven M. Skolnick, Esq.

15. GOVERNING LAW; JURISDICTION. Any and all actions or controversies arising
out of this Agreement or Consultant's engagement, including, without limitation,
tort claims, shall be construed and enforced in accordance with the internal
laws of the State of New Jersey, without regard to the choice of law principles
thereof. Consultant's engagement with the Company only shall be brought and
heard in the state and federal courts of the State of New Jersey, and the
Parties hereby irrevocably submit to the exclusive jurisdiction of such courts.
THE PARTIES HEREBY AGREE TO WAIVE THEIR RESPECTIVE RIGHTS TO A TRIAL BY JURY.

16. SURVIVAL. The provisions of Sections 5 and 9 through 22 (inclusive) of this
Agreement shall survive the termination of this Agreement and Consultant's
engagement to perform the Consulting Services.

                                      -19-

<PAGE>

17. ENTIRE AGREEMENT. This Agreement contains the entire agreement of the
parties with respect to the subject matter hereof and supersedes all agreements
and understandings (whether oral or written) between the parties concerning the
subject matter hereof. This Agreement may be modified by the parties hereto only
by a written supplemental agreement executed by both parties.

18. 280G CUT-BACK. Notwithstanding anything set forth in this Agreement to the
contrary, in the event that any payment or benefit provided under this Agreement
would, in the opinion of the independent certified accountants for the Company,
not be deemed to be deductible in whole or part in the calculation of the
Federal income tax of the Company or any other person making such payment or
providing such benefit by reason of Section 2800 of the Code, the aggregate
payments or benefits provided under this Agreement shall be reduced to the "safe
harbor" level under Section 2800 so that the entire amount which is paid or
provided to Consultant shall be deductible notwithstanding the provisions of
Section 2800 of the Code.

19. SEVERABILITY. If any term or provision of this Agreement shall be found to
be invalid or otherwise unenforceable by a court of competent jurisdiction, the
other provisions of this Agreement will remain in full force and effect Any
provision of this Agreement held invalid or unenforceable only in part or degree
will remain in full force and effect to the extent not held invalid or
unenforceable.

20. NO STRICT CONSTRUCTION. Given the full and fair opportunity provided to each
of the Parties to consult with theft respective counsel with respect to the
terms of this Agreement, ambiguities shall not be construed against any Party by
virtue of such Party having drafted the subject provision.

21. NO WAIVER. The waiver by any Party of a breach of any provision of this
Agreement shall not operate or be construed as a continuing waiver or as a
consent to or waiver of any subsequent breach hereof.

22. HEADINGS. The Article and Section headings in this Agreement are for the
convenience of reference only and do not constitute a part of this Agreement and
shall not be deemed to limit or affect any of the provisions hereof.

                  [Remainder of Page Intentionally Left Blank]

                                      -20-

<PAGE>

     IN WITNESS WHEREOF, the parties have executed this Agreement as of the date
first above written.

                                            IVIVI TECHNOLOGIES, INC.

                                            By: /s/ Andre DiMino
                                                --------------------------------
                                                Name: Andre DiMino
                                                Title: illegible

WITNESS:                                   PILLA CONSULTING, INC.:

/s/ signature                              By: /s/ Arthur Pilla
----------------------------                   ---------------------------------
                                               Name: Arthur Pilla, Ph.D.
                                               Title: President

WITNESS

/s/ signature                              /s/ Arthur Pilla
----------------------------               -------------------------------------
                                           Arthur Pilla, Ph.D., individually

                                      -21-

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