Document:

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                                                                  EXHIBIT 10.08

                              EMPLOYMENT AGREEMENT

           This Employment Agreement ("Agreement") is made and entered into this
27th day of July 2000, by and between Aladdin Gaming, LLC ("Company"), Aladdin
Gaming Holdings, LLC ("Gaming Holdings") and Patricia Becker ("Executive").

           WHEREAS, the Company considers it important and in its best interest
and the best interest of its owners to foster the employment of key management
personnel and desires to retain the services of Executive on the terms and
subject to the conditions of this Agreement;

           WHEREAS, the Executive desires to continue employment with the
Company and to render services to the Company on the terms and subject to the
conditions of this Agreement.

           NOW, THEREFORE, in consideration of the foregoing and the following
mutual covenants and agreements, the parties agree as follows:

1.    EMPLOYMENT.

      a.    The Company hereby employs Executive as Senior Vice President,
            Corporate Affairs and Legal, and Secretary of Gaming Holdings and
            the Company. Executive shall serve as a member on the Company's
            Executive Committee. Executive hereby accepts such employment and
            positions for the compensation and subject to the terms and
            conditions in this Agreement.

2.    TERM. The term of the Executive's employment under this Agreement ("Term")
shall commence on February 1, 2000 ("Commencement Date") and shall continue for
three (3) years unless earlier terminated as provided in this Agreement. (The
date of any termination of this Agreement as provided herein is the "Termination
Date.")

3.    DUTIES AND RESPONSIBILITIES. During the Term, Executive will serve as
Senior Vice President, Corporate Affairs and Legal, and Secretary of Gaming
Holdings and the Company. Executive shall serve as a member on the Company's
Executive Committee and report to the CEO. Executive will have such authority,
responsibilities and duties as are customarily associated with this position. At
all times Executive shall faithfully and to the best of her abilities perform
her duties and responsibilities hereunder to the reasonable satisfaction of the
Board of Directors. In addition, Executive shall devote 60% of her full time,
efforts and attention to the business and affairs of the Company, use her best
efforts to further the interest of the Company and at all times conduct herself
in a manner which reflects credit upon the Company.

4.    COMPENSATION.

      a.    SALARY. For her services hereunder, the Company shall pay Executive
            a base salary of One Hundred Sixty-two Thousand Two Hundred Forty
            Dollars ($162,240) prior to the opening for operation of the Aladdin
            Resort & Casino. Upon the opening for operation

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            of the Aladdin Resort & Casino, the Company will pay the
            Executive a base salary equal to the 75th percentile of the
            industry rate, but not less than $215,000. ("Base Salary") for
            each consecutive 12-month period during the Term. (Each such
            consecutive 12-month period is an "Employment Year"). Executive's
            Base Salary will be prorated for any partial Employment Year. On
            February 1, 2001 and each year thereafter, the Board of Directors
            will consider an increase in the Base Salary based upon criteria
            determined by the Board of Directors and applicable to other
            members of the executive management group. Any such increases,
            however, shall be in the sole discretion of the Board of
            Directors. There shall be no reduction in Base Salary during the
            Term. The Base Salary shall be payable in equal periodic
            installments subject to customary deductions for social security,
            other taxes and amounts customarily withheld from salaries of
            employees of the Company, all in accordance with the Company's
            usual and customary payroll practices.

      b.    CONSULTING FEE.

            (i)   During the Term of this Agreement, company shall pay to
                  Patricia Becker & Associates an annual retainer of $40,000.
                  The first payment will be made upon execution of this
                  Agreement and thereafter, on February 1 of each year.

            (ii)  Upon Termination of this Agreement, except Termination by the
                  Company for Cause, for three years, Company shall employ
                  executive as a member or Chairman of its Compliance committee
                  at an annual retainer of $50,000. During this period any
                  unvested long-term compensation awards will continue to vest;
                  and, Executive has the option to postpone exercise of the claw
                  back provisions on any Equity Interest.

      c.    ANNUAL BONUS. From and after the date the Company opens and begins
            operating the Aladdin Resort & Casino ("Operational Date").
            Executive is eligible to receive from the Company an annual cash
            bonus. The Board of Directors will determine such criteria and
            standards in a bonus plan, which will be competitive with industry
            standards and applicable to other members of the executive
            management group. Executive's bonus will be prorated accordingly if
            the Aladdin Resort & Casino is only open and operating during a
            portion of the bonus year. Executive is eligible to participate in
            the opening bonus for the Aladdin Resort & Casino established by the
            Board of Directors provided Executive meets all the criteria for
            such bonus.

      d.    BENEFITS. During the Term, Executive shall be entitled to receive
            from the Company such health, pension, retirement and other employee
            benefits as the Company provides to other members of the executive
            management group. During the Term, the Company, at its expense, will
            provide Executive with term life insurance in the amount of
            Executive's annual Base Salary. During the Term, the Company, at its
            expense, will provide Executive with long-term disability coverage
            under a group long-term disability plan the Company provides other
            members of the executive management group.

      e.    VACATION. Executive shall be entitled to two (2) weeks paid vacation
            for each Employment Year, prorated for any partial Employment Year.
            The Board of Directors in

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            its discretion may increase Executive's vacation entitlement. The
            timing and duration of specific vacations will take into account
            the business needs of the Company and will be mutually agreed to
            by the parties. In the event any such vacation is not used by
            Executive in any Employment Year, the Executive has a right to
            accumulate and carry forward such number of unused vacation days
            from year to year as may be consistent with the Company's policy
            for other members of the executive management group. Upon
            termination of employment, all unused vacation time shall be paid
            to Executive.

      f.    REIMBURSEMENT OF EXPENSES. The Company shall pay all reasonable
            expenses incurred by Executive in the performance of her duties and
            responsibilities for the Company. Executive shall submit to the
            Company statements and documentation reflecting such expenses
            incurred, with such detail, backup and confirmation as the Company
            may reasonably require. Subject to any audit Company deems
            necessary, the Company shall promptly reimburse Executive the full
            amount of any such expenses incurred by Executive.

      g.    EQUITY INTEREST. Executive will receive a restricted membership
            interest of 0.45%, or the economic equivalent thereof, in Gaming
            Holdings which Gaming Holdings is currently evaluating which may
            include, but not be limited to, a "profits only interest," "option,"
            or "phantom stock" (collectively, "Equity"). Such Equity will be
            fully vested no later than February 1, 2002. Such Equity arrangement
            shall include the right to receive 0.45% of the distributions that
            are made to the holders of Gaming Holdings Common Membership
            Interests. When Gaming Holdings finalizes the Equity arrangement,
            the parties will amend this Agreement so that the Executive shall
            participate in such program substantially in the form previously
            presented to the Executive. If Gaming Holdings does not create an
            Equity arrangement by the Operational Date, the parties will
            negotiate in good faith to establish a compensation arrangement in
            lieu of an Equity arrangement, which would have the same economic
            benefit to the Executive. The profits only interest shall not have a
            company valuation basis greater than 200 million dollars.

      h.    AUTO ALLOWANCE. During the Term, the Company shall pay Executive an
            auto allowance of Five Hundred Dollars ($500) per month.

5.    TERMINATION. This Agreement shall terminate in accordance with the
      following provisions:

      a.    EXPIRATION OF THE TERM. Unless earlier terminated in accordance with
            the provisions hereof, this Agreement shall terminate on expiration
            of the term as provided in Section 2.

      b.    DEATH. If the Executive dies during the Term, this Agreement shall
            terminate, with the Termination Date being the date of the
            Executive's Death.

      c.    DISABILITY. If the Executive has been absent from service to the
            Company as required in this Agreement for a period of ninety (90)
            days or more during any one hundred eighty (180) day period during
            the Term as a result of any physical or mental disability, the

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            Company has the right to terminate this Agreement, the Termination
            Date being ten (10) days after notice thereof is given to Executive.

      d.    TERMINATION BY COMPANY FOR CAUSE. The Company has the right to
            terminate this Agreement for Cause as defined herein, the
            Termination Date being the date upon which the Company delivers
            notice thereof to the Executive. For purposes of this Agreement,
            Cause shall mean Executive's: (1) conviction of any felony; (2)
            embezzlement or misappropriation of money or property of the
            Company; (3) denial, rejection, suspension or revocation of any
            gaming license or permit; (4) Executive's material breach of section
            6 hereof which material breach has an adverse impact on the Company;
            and (5) Executive quits her employment with the Company without Good
            Reason. Good Reason is defined as: (i) the assignment to Executive
            of duties materially inconsistent with her position and title
            without her consent; or (ii) a material reduction in Executive's
            duties, authorities and responsibilities without her consent; or
            (iii) a reduction by the Company in Executive's Base Salary, in
            effect immediately prior to such reduction, without her consent,
            provided Executive gives the Company written notice specifying such
            assignment or reduction and the Company has not cured or abated such
            assignment or reduction within twenty (20) days thereafter; or (iv)
            the Operational Date has not occurred within 365 calendar days from
            the Effective Date; or (v) Executive quits employment after February
            1, 2002.

      e.    TERMINATION BY COMPANY WITHOUT CAUSE OR TERMINATION BY EXECUTIVE
            WITH GOOD REASON OR UPON A CHANGE OF CONTROL. Subject to the
            provisions of Section 8(e), (i) the Company has the right to
            terminate this Agreement without Cause, (ii) the Executive has the
            right to terminate this Agreement for Good Reason and (iii) the
            Executive has the right to terminate this Agreement upon a Change of
            Control by giving the other party written notice thereof. In each
            case above, the Termination Date being the date upon which notice of
            termination is delivered by the terminating party to the other
            party. For purposes of this Agreement, a Change of Control shall be
            deemed to occur only if collectively the Sommer Family Trust and
            London Clubs International, plc, through their affiliates, own less
            than fifty percent (50%) of the membership interests of either
            Gaming Holdings or the Company.

6.    EXECUTIVE'S COVENANTS. The Executive acknowledges that the Company and
      Gaming Holdings have substantial, legitimate and continuing interest in
      the protection of their business relationships with others including,
      without limitation, current and prospective employees, consultants,
      advisors, customers, vendors, suppliers, partners or joint venturers and
      financing sources, and in the protection of their Confidential Information
      and have invested substantial sums, time and effort and will continue to
      invest substantial sums, time and effort to develop, maintain and protect
      such relationships and Confidential Information. Accordingly, Executive
      covenants and agrees as follows:

      a.    CONFIDENTIALLY. During the Term and thereafter, Executive shall keep
            secret and retain in strictest confidence and shall not, without the
            prior written consent of the Company or Gaming Holdings, furnish,
            make available or disclose to any third party or use for the benefit
            of himself or any third party any Confidential Information.
            Confidential Information is information related to or concerning
            Gaming Holdings, the Company and

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            their businesses which is confidential, proprietary or not
            generally known to and cannot be readily ascertained through
            proper means by persons or entities (including Gaming Holdings'
            and the Company's present or future competitors), who can obtain
            any type of value from its disclosure or use. Confidential
            Information includes all secret, confidential or proprietary
            information, knowledge or data specifically relating to Gaming
            Holdings and the Company, such as, without limitation, finances
            and financing methods, sources, proposals or plans; operational
            methods; marketing or development proposals, plans or strategies;
            pricing strategies; business or property acquisition or
            development proposals or plans; new personnel acquisition
            proposals or plans; customer lists and any descriptions or data
            concerning current or prospective customers. While employed by
            the Company and in furtherance of the business and for the
            benefit of Gaming Holdings and the Company, Executive may provide
            Confidential Information as appropriate to attorneys,
            accountants, financial institutions, and other persons or
            entities engaged in business with the Company and to Executive's
            personal attorney and/or accountant to the extent necessary to
            advise Executive; provided, however, such individual(s) will be
            similarly bound to maintain the confidentiality of the
            information disclosed.

      b.    NON-COMPETITION.

            1)    The Company acknowledges and agrees that the Executive, as a
                  member of the State Bar of Nevada, is subject to the Nevada
                  Supreme Court Rules ("Supreme Court Rules"). The Supreme Court
                  Rules impose upon Executive various restrictions including,
                  among other things, confidentiality of information and
                  conflicts of interest arising from Executive's employment with
                  the Company. The Company and Executive agree that the Supreme
                  Court Rules provide adequate and sufficient protections to the
                  Company and its interests if Executives employment ceases with
                  the Company and Executive is employed by another company.
                  Company acknowledges that it is aware of Executives employment
                  with other companies in her capacity as a consultant on
                  compliance matters and as a member of Boards.

            2)    Notwithstanding anything to the contrary contained herein,
                  Executive shall not be subject to the non-competition
                  provisions of this Agreement, if this Agreement is terminated
                  other than pursuant to the provisions of Section 5(d).

      c.    EMPLOYEES OF THE COMPANY. For one (1) year following the Termination
            Date, Executive shall not, directly or indirectly, solicit, or cause
            others to solicit, for employment by any person or entity other than
            the Company, any employee of the Company or encourage any such
            employee to leave the employment of the Company.

      d.    PROPERTY OF THE COMPANY. Executive acknowledges and agrees that all
            memoranda, notes, lists, records and other documents or papers,
            including copies thereof, containing or reflecting Confidential
            Information (whether or not such items are kept or stored in
            computer memories, microfiche, hard copy or any other manner) made
            or compiled by Executive or made available to Executive are and
            remain the property of the Company ("Company Property") and shall be
            delivered to the Company promptly upon any termination of this
            Agreement. Under Section 5 hereof, Executive shall retain no copies
            of Company Property following the Termination Date.

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      e.    REASONABLENESS AND SEVERABILITY OF COVENANTS. The Executive
            acknowledges and agrees that the Executive's covenants herein are
            necessary for the protection of the Company's legitimate interests,
            are reasonable and valid in duration and geographical scope, and in
            all other respects. If any court determines that any of the
            Executive covenants or any part thereof, invalid or unenforceable,
            the remainder of the restrictive covenants shall not thereby be
            affected and shall be given full effect without regard to the
            invalid portions.

      f.    BLUE-PENCILLING. If any court determines that any of the Executive's
            covenants, or any part thereof, is unenforceable because of the
            duration or geographical scope of such provision, such court shall
            have the power to reduce the duration or scope of such provision, as
            the case may be, and, in its reduced form, such provision shall then
            be enforceable.

7.    NON-DISPARAGEMENT. Each of the parties agrees that after the Termination
      Date, neither shall, publicly or privately, disparage or make any
      statements (written or oral) that could impugn the integrity, acumen
      (business or otherwise), ethics or business practices of the other, except
      in each case, to the extent (but solely to the extent) necessary: (i) in
      any judicial or arbitral action to enforce the provisions of this
      Agreement; or (ii) in connection with any judicial or administrative
      proceeding to the extent required by applicable law.

8.    EFFECT OF TERMINATION. The following provisions shall apply in the event
      of the termination of this Agreement as provided in Section 5 above, and
      neither party shall have any further liability or obligation to the
      other, except as provided herein:

      a.    EXPIRATION OF TERM. Upon expiration of the term under Section 5(a)
            hereof, this agreement shall terminate and be of no further force
            and effect, except as provided in Sections 4(b)(ii), 6(a), 6(c),
            6(d), 6(e), 6(f) and 7; provided that, the Executive shall be
            entitled to such salary, bonus and benefits then accrued or vested
            to the Termination Date, and any expense reimbursement amounts
            accrued to the Termination Date;

      b.    DEATH. Upon termination of this Agreement as provided in Section
            5(b) hereof, this Agreement shall terminate and be of no further
            force and effect; provided, further, that the Company shall pay to
            Executive's estate any salary, bonus and benefits then accrued or
            vested to the Termination Date, and any expense reimbursement
            amounts accrued to the Termination Date;

      c.    DISABILITY. Upon termination of this Agreement as provided in
            Section 5(c) hereof, this Agreement shall terminate and be of no
            further force and effect, except as provided in Sections 6(a), 6(c),
            6(d), 6(e), 6(f) and 7; provided that Executive shall be entitled to
            such salary, bonus and benefits then accrued or vested to the
            Termination Date, and any expense reimbursement amounts accrued to
            the Termination Date;

      d.    TERMINATION PURSUANT TO SECTION 5(D). Upon termination of this
            Agreement as provided in Section 5(d) hereof, this Agreement shall
            terminate and be of no further force

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            and effect, except as provided in Sections 6 and 7; provided that
            Executive shall be entitled to such salary, bonus and benefits
            then accrued or vested to the Termination Date, and any expense
            reimbursement amounts accrued to the Termination Date;

      e.    TERMINATION PURSUANT TO SECTION 5(e). Upon termination of this
            Agreement as provided in Section 5(e) hereof, this Agreement shall
            terminate and be of no further force and effect, except as provided
            in Sections 4(b)(ii), 6(a), 6(c), 6(d), 6(e), 6(f) and 7; provided,
            further, that Executive shall be entitled to such salary, bonus and
            benefits including but not limited to health benefits and expense
            reimbursements to which Executive would have been entitled for the
            remainder of the Term or twelve (12) months, whichever is longer, as
            if there had been no earlier termination.

9.    GENERAL PROVISIONS.

      a.    ASSIGNMENT. Neither this Agreement nor any right or interest
            hereunder shall be assignable by the Executive, or the Company or
            Gaming Holdings without prior written consent of the other;
            provided, that (1) in the event of the Executive's Death during the
            Term, the Executive's estate and his heirs, executors,
            administrators, legatees and distributees shall have the rights and
            obligations set forth herein, as provided herein, and (2) nothing
            contained in this Agreement shall limit or restrict the Company's
            ability (A) to merge or consolidate or effect any similar
            transaction with any other entity, irrespective or whether the
            Company is the surviving entity (including a split up, spin off or
            similar type transaction), provided, that one or more of such
            surviving entities shall continue to be bound by the provisions
            hereof binding upon the Company, (B) to assign this Agreement in
            conjunction with a sale of all or substantially all of the Company's
            assets, or (C) an assignment of this Agreement to an affiliate
            controlled by or under common control with the Company. Gaming
            Holdings has the same rights and obligations under this Section as
            the Company.

      b.    BINDING AGREEMENT. Except as otherwise provided in this Agreement,
            this Agreement shall be binding upon, and inure to the benefit of,
            the Executive, Gaming Holdings and the Company and their respective
            heirs, executors, administrators, legatees and distributees,
            successors and permitted assigns. Any such successor of the Company
            or Gaming Holdings shall be deemed substituted for the Company or
            Gaming Holdings under the terms of this Agreement for all purposes.
            As used herein, "successor" shall include any person, firm,
            corporation or other business entity which at any time, whether by
            purchase, merger or otherwise, directly or indirectly acquires all
            or substantially all or the assets or business or the Company or
            Gaming Holdings and supercedes any prior understandings or
            agreements between the parties hereto.

      c.    AMENDMENT OF AGREEMENT. This Agreement may not be modified or
            amended except by an instrument in writing signed by the parties
            hereto.

      d.    SEVERABILITY. If, for any reason, any provision of this Agreement is
            determined to be invalid or unenforceable, such invalidity or lack
            of enforceability shall not affect any other provision of this
            Agreement not so determined to be invalid or unenforceable, and

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            each such other provision shall, to the full extent consistent with
            applicable law, continue in full force and effect, irrespective of
            such invalid or unenforceable provision. Gaming Holdings has the
            same rights and obligations under this Section as the Company.

      e.    ENTIRE AGREEMENT. Except for those matters detailed in Section 4(f),
            this Agreement represents the entire agreement and understanding
            between the Company, Gaming Holdings and the Executive concerning
            the matters herein and supercede any prior understandings or
            agreements between the parties.

      f.    INDEMNIFICATION. Notwithstanding the termination of this Agreement,
            the Company shall indemnify and hold Executive harmless to the full
            extent permitted by Chapter 86 of the Nevada Revised Statutes
            against costs, expenses, liabilities and losses, including
            reasonable attorney's fees and disbursements of counsel, incurred or
            suffered by him in connection with his service as an employee of the
            company during the Term of this Agreement.

      g.    NOTICES. For the purpose of this Agreement, notices and all other
            communications provided for in this Agreement shall be in writing
            and shall be deemed to have been duly given (1) when delivered, if
            sent by telecopy or by hand, (2) one business day after sending, if
            sent by reputable overnight courier service, such as Federal
            Express, or (3) three business days after being mailed, if sent by
            United States certified or registered mail, return receipt
            requested, postage prepaid. Notices shall be sent by one of the
            methods described above; provided, that any notice sent by telecopy
            shall also be sent by any other method permitted above. Notices
            shall be sent:

                If to the Executive:      Patricia Becker
                                          1800 Wincanton Drive
                                          Las Vegas, NV 89134

                If to the Company         Aladdin Gaming Holdings, LLC
                and/or Gaming             Aladdin Gaming, LLC
                Holdings:                 831 Pilot Road
                                          Las Vegas, NV 89119
                                          Attn: Richard Goeglein

                With a copy to:           Aladdin Gaming Holdings, LLC
                                          Aladdin Gaming, LLC
                                          831 Pilot Road
                                          Las Vegas, Nevada 89119
                                          Attn: General Counsel

            or to such other address as either party may have furnished to the
            other in writing in accordance herewith, except that notice of
            change of address shall be effective only upon receipt.

      h.    COUNTERPARTS. This Agreement may be executed in several
            counterparts, each of which shall be deemed to be an original but
            all of which together shall constitute one and the

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            same instrument. Gaming Holdings has the same rights and
            obligations under this Section as the Company.

      i.    INDULGENCES, ETC. Neither the failure nor any delay on the part of
            either party to exercise any right, remedy, power or privilege under
            this Agreement shall operate as a waiver thereof, nor shall any
            single or partial exercise of any right, remedy, power or privilege
            preclude any other or further exercise of the same or of any other
            right, remedy, power or privilege, nor shall any waiver of any
            right, remedy, power or privilege with respect to any occurrence be
            construed as a waiver of such right, remedy, power or privilege with
            respect to any other occurrence.

      j.    BINDING ARBITRATION. Except for an action by the company for
            injunctive or other equitable relief, any dispute or controversy
            arising under or in connection to this Employment Agreement shall be
            resolved through binding arbitration, conducted in Las Vegas,
            Nevada, in accordance with the rules of the American Arbitration
            Association. Judgment may be entered on the arbitration award in any
            court of competent jurisdiction.

      k.    HEADINGS. The headings of sections and paragraphs herein are
            included solely for convenience of reference and shall not control
            the meaning or interpretation of any of the provisions of this
            Agreement. Gaming Holdings has the same rights and obligations under
            this Section as the Company.

      l.    NEUTRAL CONSTRUCTION. Each party to this Agreement has had the
            opportunity to retain counsel, and to review and participate in the
            drafting of this Agreement, and, accordingly, the normal rule of
            construction to the effect that any ambiguities are to be resolved
            against the drafting parties will not be employed or used in any
            interpretation of enforcement of this Agreement.

      m.    GAMING LAW. Anything to the contrary herein notwithstanding, the
            parties hereto agree and acknowledge that they are subject to and
            that they shall comply in all respects with the gaming laws of the
            state of Nevada including the Nevada Gaming Control Act and the
            rules and regulations promulgated by the Nevada Gaming Commission
            and the Gaming Control Board. To the extent anything in this
            Agreement is inconsistent with any gaming laws or regulations, the
            gaming laws and regulations shall control.

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      n.    GOVERNING LAW. This Agreement has been executed and delivered in the
            state of Nevada, and its validity, interpretation, performance, and
            enforcement shall be governed by the laws of such state, without
            regard to principles of conflicts of laws.

                                ALADDIN GAMING, LLC

                                By:  /s/ RICHARD J. GOEGLEIN
                                     -------------------------------------
                                     Richard J. Goeglein
                                     President and Chief Executive Officer

                                ALADDIN GAMING HOLDINGS, LLC

                                By:  /s/ RICHARD J. GOEGLEIN
                                     -------------------------------------
                                     Richard J. Goeglein
                                     President and Chief Executive Officer

                                EXECUTIVE

                                /s/ PATRICIA BECKER
                                -------------------------------------
                                       Patricia Becker

                                       10<PAGE>
                                                                   Exhibit 10.2

                                 PROMISSORY NOTE

                                              $250,000.00 As of January 1, 2000

         FOR VALUE RECEIVED, Michael D. Troiano, an individual with an address
of 39 Prospect Street, Wellesley, Massachusetts 02481 (the "Borrower"), promises
to pay to the order of Primix Solutions Inc., a Delaware corporation (together
with any successor holder or holders of this Note, the "Lender") at its office
at One Arsenal Marketplace, Watertown, Massachusetts 02472, or such other place
as Lender may designate, the principal sum of Two Hundred Fifty Thousand and
00/100 Dollars ($250,000.00), or so much thereof as shall be advanced hereunder,
together with interest thereon, as hereinafter set forth.

         Interest on the principal balance of this Note from time to time
outstanding shall accrue from the date hereof until December 31, 2002 at the
rate of seven percent (7.00%) per year. Interest only shall be payable quarterly
in arrears in equal installments of Four Thousand Four Hundred Twenty-Three and
61/100 Dollars ($4,423.61) on the first day of the first month of each quarter
(a "Payment Date") of each year (a "Loan Year") beginning January 1 and ending
December 31, beginning with the first day of April, 2000. Interest shall be
computed on the basis of a three hundred and sixty (360)-day year and shall be
paid for the actual number of days on which principal is outstanding. On April
1, 2000, the Borrower shall pay Lender Four Thousand Two Hundred Seventy-Seven
and 78/100 Dollars ($4,277.78), an amount equal to the installment due for the
first quarter of the first Loan Year LESS an amount equal to the interest on the
principal balance of this Note that shall have accrued from the date hereof
through January 3, 2000 at the rate of seven percent (7.00%) per year, or
$145.83.

         Interest on the principal balance of this Note from time to time
outstanding from January 1, 2003 until December 31, 2004 (the "P&I Date") shall
accrue at a variable annual rate which shall equal the "Prime Rate," as
hereinafter defined, plus two percentage points (2%) (the "Base Rate"). Subject
to any change in the Prime Rate, interest only shall be payable quarterly in
arrears in equal installments on each Payment Date of each Loan Year, beginning
with the first day of April, 2003. Interest shall be computed on the basis of a
three hundred and sixty (360)-day year and shall be paid for the actual number
of days on which principal is outstanding.

         Beginning on the day immediately following the P&I Date, interest on
the principal balance of this Note shall accrue at the Base Rate. Subject to any
change in the Prime Rate, interest shall be payable quarterly in arrears in
equal installments on each Payment Date of each Loan Year, beginning with the
first day of April, 2005. Interest shall be computed on the basis of a three
hundred and sixty (360)-day year and shall be paid for the actual number of days
on which principal is outstanding. In addition, beginning on the day immediately
following the P&I Date, the outstanding principal balance of this Note shall be
payable quarterly in arrears in equal installments of Two Thousand Five Hundred
and 00/100 Dollars ($2,500.00) on each Payment Date of each Loan Year, beginning
with the first day of April,

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 2005.

         In any event, the entire outstanding principal balance of this Note,
together with any accrued interest and other charges as may be due hereunder,
shall be paid on December 31, 2029 (the "Maturity Date").

         In the event that any regularly scheduled payment due hereunder is not
paid within fifteen (15) days after the date it is due, Lender shall have the
right, in addition to any other rights hereunder, to collect a late charge as
compensation for increased costs of administering such late payment. Such late
charge shall be in an amount equal to five percentage points (5%) of the amount
of such late payment, and shall be due and payable upon demand.

         In the event that (i) any payment due hereunder is not paid within
fifteen (15) days after the date it is due or upon a default under the mortgage
securing this Note (the "Mortgage"), that certain Amended and Restated Stock
Pledge Agreement dated the date hereof or under any other instrument executed by
Borrower in connection with the loan evidenced by this Note (together with this
Note and the Mortgage, the "Loan Documents") which default is not cured within
the applicable grace period, if any, or (ii) the termination, for any reason or
no reason, of Borrower's employment with Lender, Lender, at its option, may
declare immediately due and payable the entire outstanding balance of principal
and interest, together with all other charges which Lender may be entitled. If
this Note is so accelerated or any amounts due hereunder are not paid on the
Maturity Date, all amounts due hereunder shall, after such acceleration or such
Maturity Date, as the case may be, bear interest at the Prime Rate plus five
percentage points (5%) per year, until paid.

         On any interest payment date, the outstanding balance of principal due
hereunder may be prepaid in whole or in part in multiples of One Thousand
Dollars ($1,000.00), provided that at least thirty (30) days' prior written
notice of such prepayment shall have been given to Lender.

         As used herein, the term "Prime Rate" shall mean the rate of interest
announced or published by Lender's primary bank as its prime rate on the first
day of the first month of each quarter of each Loan Year, beginning with the
first day of January, 2000. In the event that the Prime Rate changes from
quarter to quarter, the interest rate under this Note shall be adjusted to
reflect any change in the Prime Rate as of the date of such change, and the
amount of the equal quarterly payments of interest subsequently becoming due
under this Note shall be adjusted accordingly to provide, as nearly as possible,
for the full amortization of the remaining principal amount hereof over the
remaining term of this Note. In the event the Prime Rate is no longer published
or announced or becomes unascertainable for any reason, Lender shall designate a
comparable reference rate which shall be deemed the Prime Rate hereunder.

         Any notice required or permitted to be delivered hereunder shall be in
writing and shall be deemed to be delivered on the earlier of (i) the date
received, or (ii) the date of delivery, refusal, or non-delivery indicated on
the return receipt, if deposited in a United States Postal

                                        2

<PAGE>

Service depository, postage prepaid, sent registered or certified mail, return
receipt requested, addressed to the party to receive the same at the address of
such party set forth at the beginning of this Note, or at such other address as
may be designated in a notice delivered or mailed as herein provided.

         Borrower agrees to pay all charges (including reasonable attorneys'
fees) of Lender in connection with the collection and/or enforcement of this
Note or any other Loan Document or in protecting or preserving the security for
this Note, whether or not suit is brought against Borrower.

         The failure of Lender at any time to exercise any option or right
hereunder shall not constitute a waiver of Lender's right to exercise such
option or right at any other time.

         Borrower hereby waives presentment, demand, notice, protest and all
other suretyship defenses generally and agrees that (i) any renewal, extension
or postponement of the time of payment or any other indulgence, (ii) any
modification, supplement or alteration of any of the Borrower's obligations
undertaken in connection with this Note or any of the other Loan Documents, or
(iii) any substitution, exchange or release of collateral or the addition or
release of any person or entity primarily or secondarily liable, may be effected
without notice to Borrower and without releasing Borrower from any liability
hereunder.

         This Note shall be governed by, construed, and enforced in accordance
with the laws of The Commonwealth of Massachusetts. If any provision of this
Note is held to be invalid or unenforceable by a court of competent
jurisdiction, the other provisions of this Note shall remain in full force and
effect. If the payment of any interest due hereunder would subject Lender to any
penalty under applicable law, then the payments due hereunder shall be
automatically reduced to what they would be at the highest rate authorized under
applicable law.

         This Note is secured by, among other things, a mortgage of real estate
located at 39 Prospect Street, Wellesley, Norfolk County, Massachusetts, and
recorded with Norfolk

County Registry of Deeds.

         This Note shall have the effect of an instrument under seal.

Witness:                                                  Borrower:

___________________________________
                                                          Michael D. Troiano

                                       3

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