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EXHIBIT 10.6

                         EXECUTIVE EMPLOYMENT AGREEMENT
                         ------------------------------

         This Executive Employment Agreement (this "Agreement") is entered into
as of January 10, 2001, between TOM DOROSEWICZ ("Executive") and SVI SOLUTIONS,
INC., a Delaware corporation ("Company"), who agree as follows:

         1. HIRING. Effective January 10, 2001 (the "Start Date") Company hires
Executive and Executive agrees to act as Company's President and Chief Executive
Officer.

         2. DUTIES. Executive shall be charged with the day-to-day management of
the Company, shall perform such duties as are normally performed by a president
and chief executive officer of a corporation, and shall report directly to the
Company's Chairman and the Company's Board of Directors (the "Board").
Executive's responsibilities shall include without limitation business
development, management, strategic direction, successful marketing of the
Company's suite of products and services, and achievement of the Company's
business objectives. Executive will lead the senior executive team in
recommending to the Board the long term direction and goals of the Company,
hiring and firing staff, and developing strategies and tactics to meet Company
goals. Executive shall further perform other duties as the Board shall from time
to time specify. Executive shall faithfully and diligently perform his duties on
a full-time basis, devoting his entire working hours, ability and attention
exclusively towards advancing the Company's interests, subject to oversight and
general guidelines established by the Company's Board.

         3. TERMINATION.

                  3.1 Either Executive or the Company may, at either party's
         election, terminate this Agreement and Executive's employment with the
         Company, upon 30 days prior written notice to the other party
         ("Termination Notice"), at any time, for any lawful reason or for no
         reason whatsoever, with or without good cause. On the later of the date
         of delivery to Executive of the Termination Notice or any date
         specified in the Termination Notice as the "termination date",
         Executive shall return to Company all property belonging to Company,
         including without limitation all Confidential Material and Proprietary
         Information (as defined below), promotional material, advertising
         information, customer and supplier lists, and similar items. Nothing in
         this Agreement shall be construed to create any agreement for any
         indefinite or specific term of employment between the Company and
         Executive.

                  3.2 Additionally, the Company may terminate Executive at any
         time for Good Cause, and Executive may terminate his employment with
         the Company at any time for Good Reason, by providing written notice to
         Executive or the Company, as applicable.

                           3.2.1 For purposes of this Agreement, "Good Cause"
                  means any of the following:

                                    3.2.1.1 Executive's repeated neglect or
                           repeated breach of duty, or any failure by Executive
                           to perform, to the reasonable satisfaction of the
                           Board, such duties as may be delegated to Executive
                           by the Company from time to time, as determined by
                           the Board after reasonable investigation.

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                                    3.2.1.2 Executive is convicted of a felony
                           or after a through and complete investigation by the
                           Board, is determined by the Board to have committed
                           acts of theft of Company property, larceny,
                           embezzlement, fraud, dishonesty, illegality, moral
                           turpitude, harassment, or gross mismanagement.

                                    3.2.1.3.  Executive's death.

                                    3.2.1.4 Executive becomes materially
                           disabled to such an extent that Executive, even with
                           a reasonable accommodation, is precluded from
                           performing the duties set forth in this Agreement for
                           a period of 120 consecutive days, or 150 days in the
                           aggregate during any one calendar year period. Any
                           absences that result from a reasonable accommodation
                           as required by the Americans with Disabilities Act,
                           the California Fair Employment and Housing Act, or
                           otherwise required by law, shall not be included in
                           either 120-day or 150-day total.

                                    3.2.1.5 Executive's material breach of this
                           Agreement or any of his fiduciary duties to Company.

                           3.2.2. For the Purposes of this Agreement, "Good
                  Reason" means any of the following:

                                    3.2.2.1. If the Company materially or
                           substantially changes Executive's duties under this
                           Agreement, without Executive's prior written consent.

                                    3.2.2.2. If the Company materially or in bad
                           faith prevents Executive from performing his duties
                           under this Agreement.

                                    3.2.2.3. If the Company relocates the
                           Company's corporate headquarters out of San Diego
                           county.

         4. SEVERANCE PAYMENTS. If Company terminates Executive's employment
without Good Cause, or if Executives terminates his employment with Good Reason,
Company shall:

                  4.1 Pay Executive as severance pay a lump sum payment in an
         amount equal to: (a) during the first year of the Executive's
         employment, six months of Base Salary (defined below) and a bonus equal
         to 37.5% of his Base Salary; or (b) after the first year of Executive's
         employment, six months of Base Salary, a bonus equal to 37.5 % of his
         Base Salary, and one month of Base Salary for each additional full year
         of Executive's employment, up to a maximum of six (6) additional
         months. All severance payments made under this Section 4 shall be
         subject to appropriate payroll and tax deductions as required by law,
         Executive's compliance with all other terms and conditions of this
         Agreement and Executive's execution of a reasonable and standard
         severance agreement (which will include, among other things, a general
         release of all claims by Executive against Company, its agents and
         Affiliates). Executive acknowledges that the severance payments
         provided to Executive in accordance with this paragraph shall be
         Executive's sole remedy against the Company for the Company's
         termination of his employment without Good Cause, or Executive's
         termination of his employment for Good Reason. All severance payments
         shall be paid to Executive within thirty (30) days after Executive's
         termination.

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                  4.2 Continue to pay any medical and dental insurance premiums
         for the health insurance plan(s) Executive and any of his dependants
         were enrolled in on the effective date of Executive's termination, up
         to a maximum of twelve (12) months. Payment of such premiums shall
         include any premiums under a COBRA election by Executive, if a COBRA
         election is required as a result of Executive's termination from
         employment. However, Company's payment of health and dental insurance
         premiums will cease before said 12 month period if and when Executive
         obtains employment offering the same or similar benefits as provided by
         Company at the time of Executive's termination from employment.
                  4.3 Allow all of Executive's all unvested options granted
         prior to the effective date of Executive's termination to immediately
         vest. Executive shall have until one year thereafter to exercise all
         stock options to acquire Company stock, afterwhich all unexcercised
         options shall be terminated.

         5. COMPENSATION. The Board will periodically review Executive's
compensation (typically at the beginning of each fiscal year) to determine
Executive's base salary, potential bonus amount, bonus criteria, eligibility for
and amount of any grant of stock options, and other benefits, all in the Board's
sole and absolute discretion. Executive's present compensation consists of the
following:

                  5.1 BASE SALARY. Executive's annual salary as of the Start
         Date shall be $250,000.00 ("Base Salary"), payable in accordance with
         and at the same time as Company's ordinary payroll procedures.

                  5.2 BONUS. If still employed as of the end of the fourth
         quarter of the 2001 Fiscal Year (April 1, 2000 through March 31, 2001)
         Executive is guaranteed a bonus of $18,750 and is eligible for an
         additional bonus of $18,750 based on criteria approved by the Board, as
         set forth in this Section 5.2. Executive may agree to accept this
         fourth quarter bonus in SVI common stock, in lieu of cash. Such stock
         shall be "restricted stock" as that term is defined in Rule 144
         promulgated under the Securities Act of 1933. If Executive elects to
         receive payment in stock, the Company shall pay the California state
         and federal withholding taxes associated with such payment, and shall
         further pay "gross-up" California state and federal withholding taxes
         due on the amount so paid, such that Executive is not required to
         reimburse the Company for any taxes so withheld. Except for such
         withholding payments to be made by the Company, Executive shall be
         solely responsible for tax consequences associated with receipt and
         subsequent disposition of such stock. Any such stock shall be valued at
         the closing stock price of the Company's common stock reported on the
         American Stock Exchange on March 30, 2001. For Fiscal Year 2002
         (beginning in April of 2001) Executive will be eligible for
         consideration of an annual bonus (the "Bonus") of a maximum of 75% of
         Base Salary at 100% achievement, in accordance with the Management
         Bonus Program (the "MBP"). The amount of the Bonus, if any, will be
         based on the criteria as established in the Company's annual MBP, as
         approved by the Board in its sole and absolute discretion.

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                  5.3 INCENTIVE STOCK OPTIONS. As an additional incentive to
         Executive, the Company agrees to grant Executive the right to purchase
         certain shares of the Company's common stock ("stock"), in accordance
         with the terms and conditions of the SVI Holdings, Inc. 1998 Incentive
         Stock Option Plan assumed by the Company in connection with its merger
         with SVI Holdings, Inc. of March 1, 2001 (the "Plan"), the Option
         Agreement adopted as a part of the Plan (the "Option Agreement") and
         the terms and conditions set forth below. In the event of an
         inconsistency between any or all of this Agreement, the Option
         Agreement and the Plan, the provisions of the Plan shall control, or in
         the absence of controlling language in the Plan, the Option Agreement
         shall control. Subject to Section 5.3.3 below, the exercise price of
         such incentive stock options will be the Fair Market Value, as defined
         in the Plan, of the Company's stock subject to the options on the date
         of the grant (the "ISO Option Price"). All incentive stock options must
         be exercised by the Executive, in whole or in part, prior to the
         Expiration Date set forth in the Option Agreement by written notice
         tendering payment at the ISO Option Price.

                           5.3.1 GRANT AT START DATE. As of the Start Date,
                  Executive shall receive 250,000 options (the "Initial
                  Options") which options shall vest in equal monthly increments
                  over a five-year period from the grant date, in accordance
                  with the Plan.

                           5.3.2 POTENTIAL INCENTIVE STOCK OPTIONS FOR FISCAL
                  YEAR 2002. Executive shall be eligible to receive the
                  following additional incentive stock options for fiscal year
                  2002, based upon the following conditions, which subject to
                  Section 5.3.3 below shall fully vest upon their grant to
                  Executive.

                                    5.3.2.1 The option to purchase shares of
                           stock equal in value (calculated at the Fair Market
                           Value of the stock as of the date of the grant) to:
                           (1) 100% of Executive's Base Salary, if the Company
                           has attained 80% of its annual 2002 budgeted EBITDA,
                           as defined below; (2) 125% of Executive's Base
                           Salary, if the Company has attained 100% of its
                           annual 2002 budgeted EBITDA; and 150% of Executive's
                           Base Salary, if the Company has attained 125% of its
                           annual 2002 budgeted EBITDA. The grant date and
                           strike price for these options, if any, shall be the
                           last day of business of the fiscal year and the
                           closing price of the shares as of that day. As used
                           herein EBITDA means for any applicable period, an
                           amount equal to earnings from operations before other
                           income and expenses, before interest expense (net of
                           interest income), and before income taxes,
                           depreciation or amortization all as determined by the
                           Company based upon the income and expense components
                           for the Company utilized by its independent public
                           accountants in preparation of its audited year-end
                           financial statements;

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                                    5.3.2.2 Options to purchase 50,000 shares of
                           the Company's stock, granted and price set at the
                           closing as of the last day of the fiscal quarter in
                           which this occurs, if the Company obtains at least
                           $7,500,000 in proceeds from new equity financing
                           during the fiscal year 2002;

                                    5.3.2.3 Options to purchase 20,000 shares of
                           the Company's stock, granted and price set at the
                           closing as of the last day of the fiscal quarter in
                           which the Company has quarterly positive EBITDA
                           during the fiscal year 2002;

                                    5.3.2.4 Options to purchase 20,000 shares of
                           the Company's stock, granted and price set at the
                           closing as of the last day of the fiscal quarter in
                           which the Company attains at least ninety percent
                           (90%) of the target quarterly gross operating
                           revenues as defined in the Fiscal 2002 Operating
                           Plan;

                                    5.3.2.5 Options to purchase 10,000 shares of
                           the Company's stock, granted and price set at the
                           closing as of the last day of the fiscal quarter in
                           each fiscal year 2002 quarter that the Company
                           maintains its accounts receivable within a defined
                           day sales outstanding ("DSO") of 45 days;

                                    5.3.2.6 Options to purchase 20,000 shares of
                           the Company's stock, granted and price set at the
                           closing as of the last day of the fiscal quarter in
                           each fiscal 2002 quarter that the Company obtains the
                           following targeted number of New License Customers,
                           as defined in the Company's Fiscal 2002 Operating
                           Plan:

                                            5.3.2.6.1.  Q1 2002:  1;
                                            5.3.2.6.2.  Q2 2002:  2;
                                            5.3.2.6.3.  Q3 2002:  2: and
                                            5.3.2.6.4.  Q4 2002:  3

                                    5.3.2.7 Options to purchase 40,000 shares of
                           the Company's stock, granted and price set at the
                           closing as of the last day of the fiscal year 2002,
                           if the Company obtains more gross revenues from
                           operations, computed in accordance with generally
                           accepted accounting principles, from Company
                           customers in existence as of Executive's Start Date
                           than gross revenues from those existing customers in
                           fiscal year 2001.

                           5.3.3 Potential Changes in Option Price, Vesting and
                  Nature. All options described in this paragraph 5.3 are
                  intended to be incentive stock options, except to the extent
                  that the terms and conditions of a specific grant of options
                  would not qualify as incentive stock options under the Plan or
                  Internal Revenue Code Section 422. Notwithstanding any other
                  Section of this Agreement:

                                    5.3.3.1 On or after the date, if any, on
                           which Executive becomes a 10% shareholder in the
                           Company, then the ISO Option Price for any options
                           not yet granted under this Agreement shall
                           automatically increase by 10%, and all such options
                           must be exercised within five years after the date of
                           their grant to Executive;

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                                    5.3.3.2 Upon an event specified in paragraph
                           13(b) of the Plan, the options then issued under this
                           Agreement, and the number of shares subject to
                           options to be awarded in the future under this
                           Agreement, shall be appropriately adjusted.

                                    5.3.3.3 The Option Agreement shall contain
                           provisions whereby the acquisition of more than 50%
                           of the common stock of the Company by a person who
                           was not a shareholder on the Start Date will trigger
                           immediate vesting of all unvested options granted
                           prior to such date with the exception of the
                           acquisition by Shmulik Stein International
                           Investments ("SSII") of 50% or more of the common
                           stock of the Company as a result of the transaction
                           contemplated by the MOU signed with the Company (a
                           "Change of Control") Such options shall be
                           exerciseable in conjunction with such Change of
                           Control under terms as favorable as those offered to
                           any other shareholder. Subject to any successor or
                           acquiring entity's refusal to assume or continue any
                           options, Executive may, at his election, leave his
                           options unvested or converted into options of the
                           surviving or acquiring entity according to the
                           surviving or acquiring entity's requirements.

                                    5.3.3.4 To the extent that the value of the
                           shares of Company stock that may be exercised by
                           Executive for the first time in any calendar year
                           exceeds $100,000 based on the fair market value of
                           the stock at the time of the grant, Executive hereby
                           acknowledges that said all such options may not be
                           treated as incentive stock options.

                                    5.3.3.5 To the extent that the number of
                           shares subject to options which are to be granted
                           hereunder exceeds the per person maximum set forth in
                           Section 4(d) of the Plan, such options shall be
                           granted by the Company outside of the Plan on terms
                           and conditions similar to those contained in the Plan
                           and the Option Agreement. Executive understands that
                           any options granted outside of the Plan will not be
                           treated as incentive stock options.

         6. BENEFITS. Executive shall be entitled to the following benefits
during the period of his employment under this Agreement:

                  6.1 RELOCATION ASSISTANCE. In order to offset the expense
         Executive must incur in moving he and his family to the San Diego area,
         the Company will provide Executive with the following:

                           6.1.1 The Company will use its best efforts to assist
                  Executive in obtaining a bridge loan in an amount not to
                  exceed $500,000, to cover the purchase of a new house in the
                  San Diego area, secured by Executive's new house (the "Loan").
                  The Company will repay Executive all interim carrying costs
                  associated with the Loan (including principal and interest),
                  but shall not be liable as a borrower under the terms of the
                  loan documents. Executive shall repay the principal amount of
                  the Loan no later than 30 days after Executive completes the
                  sale of his house in San Jose and Executive agrees to use his
                  best efforts to complete that sale as soon as possible.
                  Executive acknowledges that there may be imputed interest to
                  him as a result of this transaction;

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                           6.1.2 As of the Start Date, the Company shall grant
                  to Executive pursuant to the Plan non-qualified stock options
                  to purchase up to 300,000 shares of the Company's stock (the
                  "Relocation Options"), at an exercise price equal to 85% of
                  the Fair Market Value of the Company's stock on the date of
                  the grant. The Relocation Options shall vest as follows:
                  100,000 shares immediately, 100,000 shares in six months from
                  the Start Date, and 100,000 shares in twenty four months from
                  the Start Date. The Company will use its best efforts to
                  attempt to register the Relocation Options as soon as the
                  Company is required to register any other shares of Company
                  stock. Executive acknowledges that the Relocation Options will
                  be issued outside of the Plan, and therefore will not be
                  treated as incentive stock options. Company agrees to file an
                  S-8 registration statement for the Relocation Options on or
                  before August 31, 2001.

                           6.1.3 For the period beginning on the Start Date and
                  ending six months thereafter (the "Relocation Period"), the
                  reasonable costs associated with either Executive's travel to
                  San Jose once each week, or for Executive's immediate family
                  to travel to San Diego once each week.

                           6.1.4 Until the earlier of the sale of Executive's
                  house in San Jose, or a period not to exceed twelve (12)
                  months from the Executive's Start date, payment of either
                  Executive's reasonable monthly mortgage payment on any new
                  house purchased in San Diego by Executive, or the reasonable
                  cost of a furnished rental unit or hotel and other living
                  expenses in San Diego.

                           6.1.5 The Company shall pay the California state and
                  federal withholding taxes associated with payments of the
                  foregoing relocation assistance payments, and shall further
                  pay "gross-up" California state and federal withholding taxes
                  due on the amount so paid, such that Executive will have no
                  net taxes withheld for such relocation assistance payments.
                  Except for such withholding payments to be made by the
                  Company, Executive shall be solely responsible for tax
                  consequences associated with the relocation assistance
                  payments. Executive shall also be responsible for all tax
                  consequences associated with the exercise of Relocation
                  Options and the subsequent disposition of the stock received
                  from such exercise.

                  6.2 VACATION. Three (3) weeks paid vacation per year, to be
         taken at times that are consistent with Executive's performance of his
         duties under this Agreement, and in accordance with Company's regular
         policies and procedures.

                  6.3 INSURANCE. A $4,000 annual stipend for Executive's
         personal term life insurance policy, and inclusion in any medical and
         dental plan adopted for the Company's other employees. In addition, the
         Company shall pay all medical and dental insurance plan costs for the
         Executive and the Executive's qualified dependents.

                  6.4 CAR ALLOWANCE. A $1,000 per month automobile allowance.

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                  6.5 EXPENSES. Reimbursement for reasonable travel and local
         expenses incurred in the proper performance of Executive's duties under
         this Agreement, in accordance with Company policy.

                  6.6 OTHER. All benefits generally available to other
         executives of Company, including the Executive Health Insurance Benefit
         Plan under which the Company will pay all Medical and Dental Insurance
         premiums for the Executive and the Executive's qualified dependants.

         7. CONFIDENTIALITY. Executive acknowledges that Company has made (or
may make) available to Executive certain customer lists, product design
information, performance standards and other confidential and/or proprietary
information of Company or licensed to Company or its Affiliates that the Company
has taken reasonable measures to keep confidential and that has independent
economic value by not being generally known to the public or others in the
industry, including without limitation trade secrets and copyrighted materials
(collectively, the "Confidential Material"). Except as essential to Executive's
obligations under this Agreement, Executive shall not make any disclosure of
this Agreement, the terms of this Agreement, or any of the Confidential
Material. Except as essential to Executive's obligations under this Agreement,
Executive shall not make any duplication or other copy of any of the
Confidential Material. Immediately upon request from Company, Executive shall
return to Company all Confidential Material. For the purposes of this paragraph,
Confidential Material shall not include publicly available information or
information generally known or generally employed by the trade or industry.

         8. PROPRIETARY INFORMATION

                  8.1 DEFINED. For purposes of this Agreement, "Proprietary
         Information" shall mean any information, observation, data, written
         material, record, document, computer program, software, firmware,
         invention, discovery, improvement, development, tool, machine,
         apparatus, appliance, design, promotional idea, customer and supplier
         lists, practice, process, formula, method, technique, trade secret,
         product and/or research related to the actual or anticipated research,
         development, products, organization, business or finances of the
         Company or its Affiliates.

                  8.2 OWNERSHIP. All right, title and interest of every kind and
         nature in and to the Proprietary Information made, discussed,
         developed, secured, obtained or learned by Executive during the term of
         this Agreement shall be the sole and exclusive property of Company for
         all purposes or uses, and shall be disclosed promptly by Executive to
         Company. The covenants set forth in the preceding sentence shall apply
         regardless of whether any Proprietary Information is made, discovered,
         developed, secured, obtained or learned (a) solely or jointly with
         others, (b) during the usual hours of work or otherwise, (c) at the
         request and upon the suggestion of Company or otherwise, or (d) with
         Company's materials, tools, instruments or on Company's premises or
         otherwise. All Proprietary Information developed, created, invented,
         devised, conceived or discovered by Executive that is subject to
         copyright protection is explicitly considered by Executive and Company
         to be works made for hire to the extent permitted by law. Executive
         hereby assigns to Company all of Executive's right, title and interest
         in and to the Proprietary Information.

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                  8.3 ASSISTANCE. Executive shall execute any documents and take
         any action Company may deem reasonably necessary or appropriate to
         effectuate the provisions of this Agreement, including assisting
         Company in obtaining and maintaining patents, copyrights or similar
         rights to any Proprietary Information assigned to Company. Executive
         shall comply with all reasonable rules established by Company for the
         protection of the confidentiality of any Proprietary Information.
         Executive irrevocably appoints each officer of Company to act as
         Executive's agent and attorney-in-fact to perform all acts necessary to
         obtain or maintain patents, copyrights and similar rights to any
         Proprietary Information assigned by Executive to Company under this
         Agreement if (a) Executive refuses to perform those acts, or (b) is
         unavailable, within the meaning of any applicable laws. Executive
         acknowledges that the grant of the foregoing power of attorney is
         coupled with an interest and survives the death or disability of
         Executive. Executive shall promptly disclose to Company, in confidence
         (a) all Proprietary Information that Executive creates during the term
         of this Agreement, and (b) all patent applications filed by Executive
         within one year after termination of this Agreement. Executive shall
         have no authority to exercise any rights or privileges with respect to
         the Proprietary Information owned by or assigned to Company under this
         Agreement. This Agreement does not apply to any Proprietary Information
         that fully qualifies under the provisions of California Labor Code
         Section 2870 or any similar or successor statute.

         9. COMPETITION. To the extent permitted by applicable law, Executive
shall not engage in the following behavior anywhere in the United States, where
the Company or its Affiliates sell products or otherwise conduct business as of
the date of this Agreement or if applicable the date of Executive's cessation of
employment with the Company ("the Company's Business"):

                  9.1 During the term of this Agreement, Executive shall not own
         an interest in, operate or participate in, or be connected as an
         officer, director, employee, agent, independent contractor, partner,
         shareholder or principal of any business entity or person producing,
         designing, providing, soliciting orders for, selling, distributing, or
         marketing products, goods, or services that compete with Company's
         Business;

                  9.2 During the period of time set forth in Section 9.5 below,
         Executive shall not undertake any employment or activity competitive
         with the Company's Business, including without limitation the
         inducement or solicitation of the Company or its Affiliates' customers,
         if the duties or work of, in connection with or related to such
         competitive employment or activity would or might cause Executive to
         reveal or use any Confidential Material or Proprietary Information. The
         restriction set forth in this Section 9.2 shall not be limited to a
         particular geographical area.

                  9.3 During the period of time set forth in Section 9.5 below,
         Executive shall not, directly or actively, either for himself or any
         other person, induce or attempt to induce any employee of the Company
         or any Affiliate to terminate his or her employment.

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                  9.4 The Company may cancel all of Executive's unexercised
         options, and may at its election repurchase at Executive's exercise
         price all stock obtained by Executive through the exercise of any stock
         options granted to Executive, if during the period of time set forth in
         Section 9.5 Executive directly or indirectly, induces or attempts to
         induce any customer, supplier, licensee, or business relation of the
         Company or any Affiliate to cease doing business with such company, or
         in any way interfere with the relationship between any customer,
         supplier, licensee, or business relation of such the Company.

                  9.5 Unless otherwise specified, the duration of the covenants
         set forth in this Section 9 shall be the entire term of Executive's
         employment with the Company plus a period of 18 months after the
         termination of such employment. Executive agrees that this covenant is
         reasonable with respect to its duration, geographical area, and scope.
         Notwithstanding such restriction, Executive may purchase or otherwise
         acquire up to (but not more than) one percent (1%) of any class of
         securities of any enterprise (but without otherwise participating in
         the activities of such enterprise) if such securities are listed on any
         national or regional securities exchange or have been registered under
         Section 12(g) of the Securities Exchange Act of 1934. In the event of a
         breach by Executive of any covenant set forth in this Section 9, the
         term of such covenant will be extended by the period of the duration of
         such breach, provided, however, that such extension shall be limited to
         three years. For purposes of this Agreement, "Affiliate" shall mean any
         partner, employee, director, shareholder, officer of the Company or any
         person or entity controlled by, controlling, or under common control
         with, directly or indirectly, the Company, and its successor in title
         and interest.

         10. BUSINESS OPPORTUNITIES. During the term of this Agreement, if
Executive (or any agent, employee, officer or independent contractor of or
retained by Executive) becomes aware of any project, investment, venture,
business or other opportunity (any of the preceding, an "Opportunity") that is
similar to, competitive with, related to or in the same field as the Company, or
any project, investment, venture, or business of the Company, then Executive
shall so notify the Company immediately in writing of such Opportunity and shall
use Executive's good-faith efforts to cause the Company to have the opportunity
to invest in, participate in or otherwise become affiliated with such
Opportunity.

         11. INJUNCTIVE RELIEF. Company and Executive each hereby acknowledge:
(a) the unique nature of the provisions set forth in Articles 7, 8, 9, and 10;
(b) that Company will suffer irreparable harm if Executive breaches any of those
provisions; and (c) that monetary damages will be inadequate to compensate
Company for such breach. Therefore, if Executive breaches any of such
provisions, then Company is entitled to injunctive relief, without bond, in
addition to any other remedies at law or equity to enforce the provisions.

         12. USE OF NAME AND LIKENESS. During the term of this Agreement,
Executive grants the Company and the Company's assignees the rights to use all
appearances and future appearances (including Executive's name, images,
photographs, and likenesses) in any form whatsoever ("Appearances") for the
Company's or its assignee's purposes, in any nondefamatory manner. To the extent
Executive has any rights (such as copyright, publicity right, or otherwise) in
the Appearances, Executive absolutely assigns all such rights to the Company.
Executive consents to all uses of the Appearances by the Company and its
assignees. Executive shall execute and deliver all instruments and documents and
take all actions as may be reasonably required or appropriate to carry out the
purposes of this Section 12.

                                       10
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         13. ARBITRATION OF DISPUTES. Except with respect to certain provisional
relief that may be available to Executive or the Company (including the remedies
to which Company is entitled under Article 10), arbitration constitutes the sole
and exclusive remedy for the settlement of any dispute or controversy concerning
this Agreement or the rights of the parties hereunder, including whether the
dispute or controversy is arbitrable, and including all disputes regarding wages
or benefits, hiring, termination, defamation, invasion of privacy, infliction of
emotional distress, unlawful harassment, and all statutory employment
discrimination, harassment, or similar claims such as claims arising under the
California Fair Employment and Housing Act, the Americans With Disabilities Act,
Title VII of the Civil Rights Act of 1964, the Age Discrimination in Employment
Act, the California Labor Code, the Equal Pay Act, the Rehabilitation Act of
1974, the Employee Retirement Income and Security Act, and any and all other
legal, equitable, and statutory claims that may be lawfully submitted to
arbitration. The substantive and remedial provisions of the civil rights
statutes referenced above shall be available to any party required to arbitrate
such claims under this agreement. The arbitration proceeding will be conducted
in San Diego, California, before a panel of three arbitrators under the
Employment Arbitration Rules of the American Arbitration Association in effect
at the time a demand for arbitration is made. California law governs this
Agreement, irrespective of California's or any other jurisdiction's
choice-of-law principles. To the extent that there is any conflict between the
rules of the American Arbitration Association and this arbitration clause, this
clause will govern and determine the rights of the parties. The decision of the
arbitrators, including the determination of the amount of any damages suffered,
will be exclusive, final, and binding on all parties, their heirs, executors,
administrators, successors, and assigns, as applicable, and judgment thereon may
be entered in any court of competent jurisdiction. The arbitrator will have the
right to award any remedy permitted at law, including without limitation,
punitive damages, equitable relief, monetary damages, interest, and attorneys
fees. The costs of arbitration, including administrative fees, fees for a record
and transcript, and the arbitrators' fees, will be awarded to the party
determined by the arbitrator to be the prevailing party. The parties incorporate
the provisions of California Code of Civil Procedure Section 1283.05 into this
Agreement and make those provisions part of and applicable to any proceedings
arising under the terms of this Agreement.

         NOTICE: BY INITIALING IN THE SPACE BELOW YOU ARE AGREEING TO HAVE ANY
DISPUTE ARISING OUT OF THE MATTERS INCLUDED IN THE "ARBITRATION OF DISPUTES"
PROVISION DECIDED BY NEUTRAL ARBITRATION AS PROVIDED BY CALIFORNIA LAW AND YOU
ARE GIVING UP ANY RIGHTS YOU MIGHT POSSESS TO HAVE THE DISPUTE LITIGATED IN A
COURT OR JURY TRIAL. BY INITIALING IN THE SPACE BELOW YOU ARE GIVING UP YOUR
JUDICIAL RIGHTS TO DISCOVERY AND APPEAL, UNLESS THOSE RIGHTS ARE SPECIFICALLY
INCLUDED IN THE "ARBITRATION OF DISPUTES" PROVISION. IF YOU REFUSE TO SUBMIT TO
ARBITRATION AFTER AGREEING TO THIS PROVISION, YOU MAY BE COMPELLED TO ARBITRATE
UNDER THE AUTHORITY OF THE CALIFORNIA CODE OF CIVIL PROCEDURE. YOUR AGREEMENT TO
THIS ARBITRATION PROVISION IS VOLUNTARY.

         WE HAVE READ AND UNDERSTAND THE FOREGOING AND AGREE TO SUBMIT TO
DISPUTES ARISING OUT OF THE MATTERS INCLUDED IN THE "ARBITRATION OF DISPUTES"
PROVISION TO NEUTRAL ARBITRATION.

                                       11
<PAGE>

                 EXECUTIVE'S INITIALS        COMPANY'S INITIALS

                     ----------                    ----------

         14. JURISDICTION AND VENUE. For the purposes of jurisdiction and venue,
all actions and proceedings arising in connection with this Agreement must be
tried and litigated exclusively in the State and Federal courts located in the
County of San Diego, State of California, which courts have personal
jurisdiction and venue over each of the parties to this Agreement for the
purpose of adjudicating all matters arising out of or related to this Agreement.
Each party authorizes and accepts service of process sufficient for personal
jurisdiction in any action against it as contemplated by this paragraph by
registered or certified mail, return receipt requested, postage prepaid, to its
address for the giving of notices set forth in this Agreement.

         15. FURTHER ASSURANCES. Each party to this Agreement shall execute and
deliver all instruments and documents and take all actions as may be reasonably
required or appropriate to carry out the purposes of this Agreement.

         16. MODIFICATION. This Agreement may be modified only by a contract in
writing executed by the party to this Agreement against whom enforcement of the
modification is sought.

         17. PRIOR UNDERSTANDINGS. This Agreement and all documents specifically
referred to and executed in connection with this Agreement: (a) contain the
entire and final agreement of the parties to this Agreement with respect to the
subject matter of this Agreement, and (b) supersede all negotiations,
stipulations, understandings, agreements, representations and warranties, if
any, with respect to such subject matter, which precede or accompany the
execution of this Agreement.

         18. INTERPRETATION. Whenever the context so requires in this Agreement,
all words used in the singular may include the plural (and vice versa) and the
word "person" includes a natural person, a corporation, a firm, a partnership, a
joint venture, a trust, an estate or any other entity. The terms "includes" and
"including" do not imply any limitation. No remedy or election under this
Agreement (except the arbitration provision) is exclusive, but rather, to the
extent permitted by applicable law, each such remedy and election is cumulative
with all other remedies at law or in equity.

         19. HEADINGS. The paragraph headings in this Agreement: (a) are
included only for convenience, (b) do not in any manner modify or limit any of
the provisions of this Agreement, and (c) may not be used in the interpretation
of this Agreement.

         20. PARTIAL INVALIDITY. Each provision of this Agreement is valid and
enforceable to the fullest extent permitted by law. If any provision of this
Agreement (or the application of such provision to any person or circumstance)
is or becomes invalid or unenforceable, the remainder of this Agreement, and the
application of such provision to persons or circumstances other than those as to
which it is held invalid or unenforceable, are not affected by such invalidity
or unenforceability unless such provision or the application of such provision
is essential to this Agreement. Should any one or more of the provisions of this
Agreement be determined to be illegal or unenforceable in any relevant
jurisdiction, then such illegal or unenforceable provision shall be modified by
the proper court, if possible, but only to the extent necessary to make such
provision enforceable.

                                       12
<PAGE>

         21. SUCCESSORS-IN-INTEREST AND ASSIGNS. Executive may not voluntarily
or by operation of law assign, hypothecate, delegate or otherwise transfer or
encumber all or any part of his rights, duties or other interests in this
Agreement without the prior written consent of Company, which consent may be
withheld in Company's sole and absolute discretion. Any such transfer in
violation of this paragraph is void. Subject to the foregoing and any other
restrictions on transferability contained in this Agreement, this Agreement is
binding on and inures to the benefit of the successors-in-interest and assigns
of each party to this Agreement.

         22. NOTICES. Each notice and other communication required or permitted
to be given under this Agreement ("Notice") must be in writing. Notice is duly
given to another party upon: (a) hand delivery to the other party, (b) receipt
by the other party when sent by facsimile to the address and number for such
party set forth below (provided, however, that the Notice is not effective
unless a duplicate copy of the facsimile Notice is promptly given by one of the
other methods permitted under this paragraph), (c) three business days after the
Notice has been deposited with the United States postal service as first-class
certified mail, return receipt requested, postage prepaid, and addressed to the
party as set forth below, or (d) the next business day after the Notice has been
deposited with a reputable overnight delivery service, postage prepaid,
addressed to the party as set forth below with next business day delivery
guaranteed, provided that the sending party receives a confirmation of delivery
from the delivery service provider.

To:               Tom Dorosewicz
                  P.O. Box 131120
                  Carlsbad, CA  92013

                  Fax:  (858) 755-1573

With a copy to:

                  Crosby, Heafey, Roach & May, P.C.
                  Two Embarcadero Center, 20th Floor
                  San Francisco, CA  94111
                  Attn: Dale S. Freeman, Esq.
                  Fax:  (415) 391-8269

To:               SVI Holdings, Inc.
                  12707 High Bluff Drive, Suite 335
                  San Diego, California 92130
                  Attn: David Reese
                  Fax:  (858) 481-1710

With a copy to:

                  Solomon Ward Seidenwurm & Smith, LLP
                  401 B Street, Suite 1200
                  San Diego, CA  92101
                  Attn:  Norman Smith, Esq.
                  Fax:  (619) 231-4755

                                       13
<PAGE>

                  Each party shall make a reasonable, good faith effort to
ensure that it will accept or receive Notices to it that are given in accordance
with this paragraph. A party may change its address for purposes of this
paragraph by giving the other party(ies) written notice of a new address in the
manner set forth above.

         23. WAIVER. Any waiver of a default or provision under this Agreement
must be in writing. No such waiver constitutes a waiver of any other default or
provision concerning the same or any other provision of this Agreement. No delay
or omission by a party in the exercise of any of his/its rights or remedies
constitutes a waiver of (or otherwise impairs) such right or remedy. A consent
to or approval of an act does not waive or render unnecessary the consent to or
approval of any other or subsequent act.

         24. DRAFTING AMBIGUITIES. Each party to this Agreement has reviewed and
revised this Agreement and has had the opportunity to have such party's legal
counsel review and revise this Agreement. Specifically, the Company has
consulted with the law firm of Solomon Ward Seidenwurm & Smith, LLP and
Executive has consulted with the law firm of Crosby, Heafey, Roach & May, P.C.
The rule of construction that ambiguities are to be resolved against the
drafting party or in favor of the party receiving a particular benefit under an
agreement may not be employed in the interpretation of this Agreement or any
amendment to this Agreement.

         25. THIRD PARTY BENEFICIARIES. Nothing in this Agreement is intended to
confer any rights or remedies on any person or entity other than the parties to
this Agreement and their respective successors-in-interest and permitted
assignees, unless such rights are expressly granted in this Agreement to another
person specifically identified as a "Third Party Beneficiary."

                                       14
<PAGE>

         26. EFFECTIVENESS. This Agreement shall become effective when it has
been executed by all of the parties to this Agreement.

EXECUTIVE:

/s/ Tom Dorosewicz
--------------------------
TOM DOROSEWICZ

SVI:

SVI SOLUTIONS, INC., A DELAWARE CORPORATION

By: /s/ Kevin M. O'Neill
    --------------------

Its: Executive Vice President and Chief Financial Officer
     ----------------------------------------------------<PAGE>
EXHIBIT 4.1

                    CERTIFICATE OF THE POWERS, DESIGNATIONS,
                            PREFERENCES AND RIGHTS OF
                            SERIES F PREFERRED STOCK
                         OF SENIOR CARE INDUSTRIES, INC.

             PURSUANT TO TITLE 7, CHAPTER 78 OF THE REVISED STATUTES
                     OF THE STATE OF NEVADA, SECTION 78.195

I, John W. Cruickshank, Secretary of Senior Care Industries, Inc., a Nevada
corporation (the "COMPANY"), in accordance with the provisions of Title 7,
Chapter 78 of the Revised Statutes of the State of Nevada, DO HEREBY CERTIFY
that the following resolutions were duly adopted by the Board of Directors of
the Company and pursuant to authority conferred upon the Board of Directors by
the provisions of the Articles of Incorporation of the Company, as amended, (the
"ARTICLES OF INCORPORATION"), the Board of Directors of the Company, on April
30, 2001, adopted resolutions providing for the issuance of Series F Preferred
Stock of the Company and fixing the relative powers, designations, preferences,
rights, qualifications, limitations and restrictions of such stock. These
resolutions are as follows:

         "RESOLVED, that pursuant to authority expressly granted to and vested
         in the Board of Directors of the Company by the provisions of the
         ARTICLES OF INCORPORATION, the issuance of Series F of Preferred Stock
         of the Company to be designated "SERIES F PREFERRED", par value $0.001
         per share, which shall consist of one of the 5,000,000 shares of
         Preferred Stock which the Company now has authority to issue, be, and
         the same hereby is, authorized, and the Board hereby fixes the powers,
         designations, preferences and relative, participating, optional and
         other rights, and the qualifications, limitations and restrictions
         thereof, of the sole share of such series (in addition to the powers,
         designations, preferences and relative, participating, optional or
         other rights, and the qualifications, limitations or restrictions
         thereof, set forth in the ARTICLES OF INCORPORATION which may be
         applicable to the Preferred Stock of this series) as follows:

         1. AUTHORIZED NUMBER AND DESIGNATION. One share of the Preferred Stock,
         $0.001 par value, of the Company is hereby constituted as a series of
         the Preferred Stock designated as SERIES F PREFERRED STOCK, $0.001 par
         value (the "SERIES F PREFERRED STOCK").

         2. DIVIDENDS AND DISTRIBUTIONS. The holders of SERIES F PREFERRED STOCK
         shall not be entitled to receive any dividends declared and paid by the
         Company.

         3. VOTING RIGHTS. Except as otherwise required by law or by the
         ARTICLES OF INCORPORATION, the holders of record of SERIES F PREFERRED
         STOCK will be entitled to all of the voting rights, including the right
         to vote in person or by proxy, of the Special Voting Share on any
         matters, questions, proposals or propositions whatsoever that may
         properly come before the shareholders of the Company at a meeting at
         which holders of the Company's Common Stock ("COMMON STOCK") are
         entitled to vote ("COMPANY MEETING") or with respect to all written
         consents sought by the Company from its shareholders including the
         holders of the Company's Common Stock ("COMPANY CONSENT"). The holders
         of record of SERIES F PREFERRED STOCK shall be entitled one vote for
         each share held. In respect of all matters concerning the Voting
         Rights, SERIES F PREFERRED STOCK and the Common Stock shall vote as a
         single class.

         4. CONVERSION RIGHTS. SERIES F PREFERRED STOCK shall be convertible
         into Common stock, $.001 par value, on the following schedule:

 <PAGE>

         At any time during or after the expiration of the 24th month following
         the issuance of the SERIES F PREFERRED STOCK, the holder thereof shall
         surrender the certificate and shall receive 20 shares of Common stock,
         $.001 par value, in the Company for each share of SERIES F PREFERRED
         STOCK which was surrendered, provided, however, that the number of
         shares converted during the 24th month following the issuance of the
         SERIES F PREFERRED STOCK shall not exceed 20% of the number of shares
         evidenced by the certificate presented. The stock transfer agent for
         the Company or the Company, whichever the case may be, shall then
         deliver to the holder or its order, a new SERIES F PREFERRED STOCK
         certificate for the balance of the SERIES F PREFERRED STOCK not yet
         converted and shall issue Common stock, $.001 par value, 20 shares for
         each share of SERIES F PREFERRED STOCK being converted.

         Thereafter, at any time during or after the expiration of the 36th
         month following the issuance of the SERIES F PREFERRED STOCK, the
         holder thereof shall surrender the certificate and shall receive 20
         shares of Common stock, $.001 par value, in the Company for each share
         of SERIES F PREFERRED STOCK which was surrendered, provided, however,
         that the number of shares converted during the 36th month following the
         issuance of the SERIES F PREFERRED STOCK shall not exceed 20% of the
         number of shares evidenced by the certificate presented. The stock
         transfer agent for the Company or the Company, whichever the case may
         be, shall then deliver to the holder or its order, a new SERIES F
         PREFERRED STOCK certificate for the balance of the SERIES F PREFERRED
         STOCK not yet converted and shall issue Common stock, $.001 par value,
         20 shares for each share of SERIES F PREFERRED STOCK being converted.

         Thereafter, at any time during or after the expiration of the 48th
         month following the issuance of the SERIES F PREFERRED STOCK, the
         holder thereof shall surrender the certificate and shall receive 20
         shares of Common stock, $.001 par value, in the Company for each share
         of SERIES F PREFERRED STOCK which was surrendered, provided, however,
         that the number of shares converted during the 48th month following the
         issuance of the SERIES F PREFERRED STOCK shall not exceed 20% of the
         number of shares evidenced by the certificate presented. The stock
         transfer agent for the Company or the Company, whichever the case may
         be, shall then deliver to the holder or its order, a new SERIES F
         PREFERRED STOCK certificate for the balance of the SERIES F PREFERRED
         STOCK not yet converted and shall issue Common stock, $.001 par value,
         20 shares for each share of SERIES F PREFERRED STOCK being converted.

         Thereafter, at any time during or after the expiration of the 60th
         month following the issuance of the SERIES F PREFERRED STOCK, the
         holder thereof shall surrender the certificate and shall receive 20
         shares of Common stock, $.001 par value, in the Company for each share
         of SERIES F PREFERRED STOCK which was surrendered, provided, however,
         that the number of shares converted during the 60th month following the
         issuance of the SERIES F PREFERRED STOCK shall not exceed 20% of the
         number of shares evidenced by the certificate presented. The stock
         transfer agent for the Company or the Company, whichever the case may
         be, shall then deliver to the holder or its order, a new SERIES F
         PREFERRED STOCK certificate for the balance of the SERIES F PREFERRED
         STOCK not yet converted and shall issue Common stock, $.001 par value,
         20 shares for each share of SERIES F PREFERRED STOCK being converted.

<PAGE>

         Thereafter, at any time during or after the expiration of the 72nd
         month following the issuance of the SERIES F PREFERRED STOCK, the
         holder thereof shall surrender the certificate and shall receive 20
         shares of Common stock, $.001 par value, in the Company for each share
         of SERIES F PREFERRED STOCK which was surrendered, provided, however,
         that the number of shares converted during the 72nd month following the
         issuance of the SERIES F PREFERRED STOCK shall not exceed 20% of the
         number of shares evidenced by the certificate presented. The stock
         transfer agent for the Company or the Company, whichever the case may
         be, shall then deliver to the holder or its order, 20 shares of Common
         stock, $.001 par value, for each share of SERIES F PREFERRED STOCK
         being converted.

         5. LIQUIDATION PREFERENCE. Upon any liquidation, dissolution or winding
         up of the Company, whether voluntary or involuntary, and subject to any
         prior rights of holders of shares of Preferred Stock ranking senior to
         the SERIES F PREFERRED STOCK, the holders of the share of SERIES F
         PREFERRED STOCK shall be paid an amount totaling $0.001, together with
         payment to any class of stock ranking equally with the Special Voting
         Stock, and before payment shall be made to the holders of any stock
         ranking on liquidation junior to the Special Voting Stock.

         6. RANKING. The SERIES F PREFERRED STOCK shall rank junior to all other
         series of the Company's Preferred Stock, unless the terms of any such
         series shall provide otherwise.

         7. REDEMPTION RIGHTS. The SERIES F PREFERRED STOCK may be redeemed as a
         matter of right by the Company upon the payment to the holder of the
         SERIES F PREFERRED STOCK cash in United States dollars in a sum equal
         to the market value of the Common stock being issued to the holder on
         the day of surrender for conversion by the holder from SERIES F
         PREFERRED STOCK to Common stock, $.001 par value.

         RESOLVED FURTHER, that the Chief Executive Officer, President or any
Vice President and the Secretary or any Assistant Secretary of the Company be,
and they hereby are, authorized and directed to prepare and file (or cause to be
prepared and filed) a Certificate of the Powers, Designations, Preferences and
Rights in accordance with the foregoing resolution and the provisions of Nevada
law and to take such actions as they may deem necessary or appropriate to carry
out the intent of the foregoing resolutions."

         IN WITNESS WHEREOF, I have executed and subscribed to this Certificate
and do hereby affirm the foregoing as true under the penalties of perjury as of
the 30th day of April, 2001.

 /S/ Stephen Reeder
 -----------------------
 Stephen Reeder
 President
 Senior Care Industries, Inc.

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