Document:

EXECUTION
        COPY

    

    

      CONFIDENTIAL
        SEPARATION AGREEMENT AND RELEASE

      

      THIS
        CONFIDENTIAL SEPARATION AGREEMENT AND RELEASE (this
        “Separation Agreement”), made this 6th day of September 2005, by and between
        Mitchell J. Sepaniak (“Executive”), and Weida Communications, Inc., a New Jersey
        corporation (the “Company”).

      

      WHEREAS,
        Executive has served as President and Chief Executive Officer of the
        Company;

      

      WHEREAS,
        Executive has also served as Chairman of the Board of Directors of the Company
        and is one of two directors of the Company, and is a principal shareholder
        of
        the Company;

      

      WHEREAS,
        the
        Company has requested that Executive resign from his employment with the
        Company
        and from the Company’s Board of Directors, and Executive intends to resign from
        his employment with and all positions at the Company; 

      

      WHEREAS,
        Executive and the Company (collectively, the “Parties”) seek to dispose fully
        and finally of certain issues which now exist between the Parties through
        the
        date of execution of this Separation Agreement; 

      

      WHEREAS,
        further
        delay in resolving such issues is likely to substantially impair necessary
        decision-making by the Company’s Board of Directors, as well as substantially
        inhibit future private financing required by the Company for its minimum
        working
        capital requirements; and

      

      WHEREAS,
        the
        resolution by this Separation Agreement between the Parties of such issues
        on
        terms negotiated between the Parties at arm’s length is therefore in the best
        interests of the Company’s shareholders. 

      

      NOW,
        THEREFORE,
        in
        consideration of the above recitals and in further consideration of the mutual
        promises and covenants set forth below, the Parties hereto, intending to
        be
        legally bound, hereby agree as follows:

      

      1.  Effective
        Time of Resignation and Acknowledgement of Replacement President and
        CEO.
        Executive agrees to resign from his employment with the Company concurrent
        with
        the Parties’ execution of this Separation Agreement (such date, “the
        Effectiveness Date”). Executive acknowledges that, upon his resignation,
        Christopher Lennon shall replace him as President and Chief Executive Officer
        of
        the Company. The Parties agree that the notice of termination dated June
        24,
        2005 issued on behalf of the Board of Directors of the Company to Executive
        is
        hereby rescinded and shall be null and void.

       

      2.  Final
        Salary Payment.
        For the
        month of June 2005, the Company shall be obligated to pay Executive his regular
        salary of $12,500 per month (the “Final Salary Payment”) within 30 days of the
        Effectiveness Date. Executive shall have no other entitlement to any salary
        from
        the Company for services performed for any period before or following June
        2005.

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

       

      3.  Resignation
        from Board.
        The
        Executive hereby resigns as a member of the Company’s Board of Directors (the
“Board”) and all committees of the Board, effective as of the Effectiveness
        Date. Executive agrees that he will not challenge or otherwise object to
        the
        appointment of Christopher Lennon as (i) President and Chief Executive Officer
        of the Company, and (ii) as a member of the Board, and this Separation Agreement
        may be included in the minutes of the Company as evidence of Executive’s
        agreement to that effect. Notwithstanding such resignation, the Company agrees
        that should it fail to make the Final Salary Payment or the First Reimbursement
        Payment when due, then, in addition to Executive’s other rights for breach of
        such payment obligations, Executive shall be automatically re-appointed as
        Chairman of the Board, and the provisions of Paragraph 6 shall be of null
        and
        void. 

       

      4.  Certain
        Expense Reimbursements.
        

       

      (a)  The
        Company shall reimburse Executive for the first $23,500 (“First Reimbursement
        Payment”) of his reasonably documented legal fees or unreimbursed travel and
        entertainment expenses incurred by him in connection with his past employment
        with the Company or SCL Ventures, Ltd. (“SCL”) within 10 days of the
        Effectiveness Date. Executive agrees to provide the Company’s external
        accountant, Richard Kane of Capital Performance, within seven (7) days of
        the
        Effectiveness Date, with copies of all receipts, credit card statements,
        expense
        reports or other documentation reasonably supporting the Maximum Reimbursement
        Amount (as defined below) (the “Documentation”).

       

      (b)  Upon
        receipt of the Documentation and the Company obtaining after August 1, 2005
        $500,000 in net proceeds of equity or debt financing, the Company shall promptly
        reimburse Executive for an additional $50,000 of his reasonably-documented
        travel and entertainment expenses incurred by him in connection with his
        employment with the Company or SCL.

       

      (c)  Thereafter,
        upon the Company obtaining after August 1, 2005 each additional $500,000
        in net
        proceeds of equity or debt financing, the Company shall promptly reimburse
        Executive for an additional $50,000 of his reasonably-documented travel and
        entertainment expenses incurred by him in connection with his employment
        with
        the Company or SCL; provided,
        however,
        that
        the aggregate amounts reimbursed by the Company to the Executive pursuant
        to
        this Paragraph 4 shall not exceed $233,534 (the “Maximum Reimbursement Amount”),
        notwithstanding any documentation provided by Executive.

       

      (d)  Any
        unpaid portion of the Maximum Reimbursement Amount shall be due and payable
        no
        later than August 31, 2007.

       

      (e)  As
        an
        additional inducement to the Company to make the commitments set forth in
        this
        Section 4, Executive 

      

        (i)  represents
          and warrants that the Maximum Reimbursement Amount represents reimbursement
          of
          reasonable and necessary business expenses actually incurred by the Executive
          in
          the course of performing his duties as in 2003 as Chief Executive Officer
          of SCL
          Ventures, Ltd. (“SCL”), that he has not previously received any amount in
          reimbursement of such expenses, and that, to the best of his knowledge
          and
          belief as the Chief Executive Officer of SCL and of the Company during
          the
          relevant time periods, such unreimbursed expenses are included in liabilities
          of
          the Company on the Company’s consolidated balance sheets for the fiscal year
          ended June 30, 2004 and quarterly periods ended March 31, 2005, filed as
          part of
          the Company’s periodic reports with the Securities and Exchange Commission (the
“SEC”) (which periodic reports the Executive acknowledges were signed by the
          Executive as Chief Executive Officer, and accompanied by Executive’s signed
          certifications required by applicable SEC regulations); and

         

        
          
            
            

          

          
            2

            
              

            

          

          
            
            

          

        

         

        (ii)  hereby
          indemnifies and agrees to hold the Company and each of the Executive Released
          Persons (as defined below) harmless from any loss, liability or expense
          they may
          incur or become subject to by reason of the breach or inaccuracy in any
          material
          respect of the Executive’s representation and warranty set forth
          above.

         

      

      (f)  The
        rights of the Executive to receive all or any portion of the Maximum
        Reimbursement Amount shall be subordinated to claims of creditors of the
        Company, including claims of the holders of the Company’s 10% Senior Secured
        Bridge Notes due 2006 (but such subordination shall not limit Executive’s right
        to receive payments pursuant to this Paragraph 4 from proceeds of financing
        unless such Notes are then in default). 

       

      5.  No
        Other Monies or Benefits Due or Payable/Full
        Satisfaction.
        Executive agrees that the Final Salary Payment and Maximum Reimbursement
        Amount
        are being paid in full satisfaction of all obligations to Executive. No
        compensation or benefits except for those expressly set forth in
        this Separation
        Agreement are owed to nor will be provided to Executive by the Company,
        including without limitation, under any plan, policy, program, practice or
        agreement with the Company, including without limitation, severance pay,
        salary
        continuation, incentive or bonus pay, profit sharing, commissions, notice
        pay,
        vacation pay, attorneys’ fees or costs. Without in any way limiting the
        foregoing, Executive acknowledges that Company has fully satisfied all of
        its
        obligations under the terms of the Employment Agreement between Executive
        and
        the Company dated as of April 1, 2004, that such Employment Agreement has
        terminated, and that no successor employment agreement was entered into and
        delivered between the Executive and the Company. 

       

      6.  Company
        Right to Redeem Executive Shares; Other Rights and
        Limitations.
        As
        further consideration for the benefits provided to the Executive by this
        Separation Agreement, the Executive hereby grants to the Company the following
        rights with respect to all shares of common stock of the Company (“Common
        Stock”) held of record or beneficially by the Executive, by the Executive’s
        family relatives, or by the investment accounts listed on Schedule A
        (collectively, the “Executive’s Share Accounts”): 

       

      (a)  If
        the
        Executive shall have received the Maximum Reimbursement Amount in full on
        or
        before August 31, 2006, then the Company or its designees may (but are not
        required to) thereafter, at any time or from time to time, prior to February
        28,
        2008, redeem or otherwise purchase up to (1) not more than 5,000,000 shares
        (the
“First Redeemable Shares”) of the Company’s Common Stock from the Executive’s
        Share Accounts, at a gross cash purchase price of $0.25 per share (appropriately
        adjusted for share dividends, share splits or reverse splits, and
        recapitalizations), and (2) up to not more than 3,000,000 shares (the “Second
        Redeemable Shares” and collectively, with the First Redeemable Shares, the
“Redeemable Shares”) of the Company’s Common Stock from the Executive’s Share
        Accounts, at a gross cash purchase price of $0.375 per share (appropriately
        adjusted for share dividends, share splits or reverse splits, and
        recapitalizations), in one or more transactions (provided no single share
        repurchase transaction shall be for less than 500,000 shares).

       

      
        
          
          

        

        
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      (b)  If
        the
        Company or its designee issues a written redemption or share purchase request
        for Redeemable Shares, the Executive shall within five calendar days deliver
        certificates representing the Redeemable Shares to be purchased, accompanied
        by
        stock powers signed in blank, and free and clear of all liens, claims or
        encumbrances, to the Company or the Company’s designee, against a bank check or
        wire transfer of the cash purchase price for the Redeemable Shares to be
        purchased. In lieu of delivery of the foregoing transfer documentation, the
        Company and Executive agree that the Company may elect to cancel the Redeemable
        Shares on its stock transfer records by Company notice to its transfer agent,
        without receipt of the share certificates or stock power from the Executive,
        provided it has tendered to the Executive, by bank check delivered by certified
        mail, return receipt requested or overnight courier to the Executive’s
        then-current home address, or by wire transfer to the bank account specified
        on
        Schedule A. the cash purchase price for the Redeemable Shares to be purchased.
        

       

      (c)  The
        Executive shall select the Executive Share Accounts from which the Redeemable
        Shares to be purchased shall be delivered.

       

      (d)  All
        certificates representing shares of Common Stock held in the Executive’s Share
        Accounts shall bear a restrictive legend as follows:

       

      THE
        SHARES REPRESENTED BY THIS CERTIFICATE ARE SUBJECT TO POSSIBLE REDEMPTION
        BY THE
        COMPANY OR ITS DESIGNEES AND CERTAIN OTHER RESTRICTIONS EFFECTIVE UTIL FEBRUARY
        28, 2008 PURSUANT TO AGREEMENT DATED AS OF AUGUST 31, 2005 BETWEEN THE HOLDER
        OF
        THIS CERTIFICATE AND THE COMPANY.

       

      (e)  The
        Company may issue one or more stop transfer instructions to the Company’s
        transfer agent with respect to any shares of Common Stock held in the name
        of
        the Share Accounts for purposes of ensuring future performance of this Paragraph
        6 of this Separation Agreement.

       

      (f)  Until
        February 28, 2008, the Executive will give the Company and the Company’s outside
        securities counsel not less than 30 calendar days prior written notice of
        any
        proposed transfer, assignment or pledge by him of any shares of Common Stock
        held in the Executive’s Share Accounts, identifying the proposed transferee and
        the transfer price. In addition to the redemption rights provided above,
        the
        Company shall have a right of first refusal with respect to any such proposed
        transfer, sale or pledge of shares (excluding estate planning or family gift
        transfers) on the terms described in such notice, provided the Company (i)
        gives
        notice within 15 calendar days of receipt of notice of the proposed transfer
        of
        its intention to exercise such right of first refusal, and (ii) tenders payment
        of the transfer price within 15 calendar days of giving such
        notice.

       

      
        
          
          

        

        
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      (g)  The
        Executive further agrees that until February 28, 2008 he shall not sell,
        or
        permit any Executive Share Account or all Executive Share Accounts in the
        aggregate, to sell, in any 90-day period, a number of shares of Common Stock
        exceeding 0.10% of the then outstanding shares of Common Stock of the Company.
        

       

      (h)  The
        foregoing restrictions are in addition to any restrictions imposed by applicable
        law or regulation or the Registration Rights Agreement dated as of June 25,
        2004
        by and among the Company, the Executive and the other shareholders signatory
        thereto. 

       

      7.  Nondisparagement.
        Executive and the Company agree that they will not take action to harm the
        name
        or reputation of the other Party and shall make no false or disparaging
        statements orally or in writing concerning the other Party.

       

      8.  Ongoing
        Obligations of Confidentiality, Non-Competition and
        Non-Solicitation.
        For 24
        months after the Effective Date, Executive shall not:

       

      (a)  engage,
        in VSAT-related activities in or in connection with the Peoples Republic
        of
        China, directly or indirectly, alone, in association with or as a shareholder,
        principal, agent, partner, officer, director, employee or consultant of any
        other organization;

       

      (b)  divert
        to
        any competitor of the Company or any of its affiliates or subsidiaries, any
        customer of the Company or any of its affiliates or subsidiaries;

       

      (c)  solicit
        or encourage any officer, employee or consultant of the Company or any of
        its
        affiliates or subsidiaries to leave the employ of the Company or any of its
        affiliates or subsidiaries for employment by or with any competitor of the
        Company or any of its affiliates or subsidiaries; 

       

      provided,
        however,
        that
        the Executive may invest in stocks, bonds or other securities of any competitor
        of the Company or any of its affiliates or subsidiaries if:

       

      (i)  such
        stocks, bonds, or other 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;

       

      (ii)  his
        investment does not exceed, in the case of any class of the capital stock
        of any
        one issuer, one percent (1%) of the issued and outstanding shares, or, in
        the
        case of other securities, one percent (1%) of the aggregate principal amount
        thereof issued and outstanding; and

       

      (iii)  such
        investment would not prevent, directly or indirectly, the transaction of
        business by the Company and/or of its affiliates or subsidiaries with any
        state,
        district, territory or possession of the United States or any governmental
        subdivision, agency or instrumentality thereof by virtue of any statute,
        law,
        regulation or administrative practice.

       

      
        
          
          

        

        
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      If,
        at
        any time, the provisions of the immediately preceding paragraph shall be
        determined to be invalid or unenforceable by reason of being vague or
        unreasonable as to area, duration or scope of activity, said paragraph shall
        be
        considered severable and shall become and shall be immediately amended solely
        with respect to such area, duration and scope of activity as shall be determined
        to be reasonable and enforceable by the court or other body having jurisdiction
        over the matter and the Executive hereby agrees that said paragraph as so
        amended shall be valid and binding as though any invalid or unenforceable
        provision had not been included herein. Except as provided in the immediately
        preceding paragraph, nothing in this Separation Agreement shall prevent or
        restrict the Executive from engaging in any business or industry in any
        capacity.

      

      The
        Executive shall keep secret and confidential and shall not disclose to any
        third
        party in any fashion or for any purpose whatsoever, any information regarding
        this Separation Agreement, or any other information regarding the Company
        or its
        affiliates or subsidiaries which is not available to the general public,
        and/or
        not generally known outside the Company or any such affiliate or subsidiary,
        to
        which he has or shall have had access at any time during the course of his
        employment with the Company, including, without limitation, any information
        relating to the Company's (and its affiliates' or subsidiaries'):

       

      (A)  business,
        operations, plans, strategies, prospects or objectives;

       

      (B)  products,
        technologies, processes, specifications, research and development operations
        and
        plans;

       

      (C)  customers
        and customer lists;

       

      (D)  distribution,
        sales, service, support and marketing practices and operations;

       

      (E)  financial
        condition and results of operations;

       

      (F)  operational
        strengths and weaknesses; and

       

      (G)  personnel
        and compensation policies and procedures.

       

      Without
        intending to limit the remedies available to the Company or its affiliates
        or
        subsidiaries, the Executive hereby agrees that damages at law would be an
        insufficient remedy to the Company or its affiliates or subsidiaries in the
        event that the Executive violates or fails to perform any of the provisions
        of
        Paragraph 6, or violates any of the provisions of this Paragraph
        10, and that, in addition to money damages, the Company or its affiliates
        or
        subsidiaries may apply for and, upon the requisite showing, have injunctive
        relief in any court of competent jurisdiction to restrain the breach or
        threatened breach of or otherwise to specifically enforce the covenants
        contained in Paragraph 6 or this Paragraph
        10, as the case may be. 

       

      Executive
        expressly agrees that he will abide by the restrictive covenants set forth
        in
        this Paragraph 8, and acknowledges that, absent such agreement, the Company
        would not have agreed to pay him the amounts provided under this Separation
        Agreement. In the event Executive breaches the restrictive covenants set
        forth
        in this Paragraph 8, he shall forfeit his entitlement to the Final Salary
        Payment and Maximum Reimbursement Amount or, if already paid, shall be required
        to reimburse the Company for the full amounts paid.

       

      
        
          
          

        

        
          6

          
            

          

        

        
          
          

        

      

       

      9.  Confidentiality;
        Press Release.
        Executive agrees and covenants that the contents of this Separation Agreement
        shall remain confidential and shall not be discussed with or divulged to
        any
        entity or entities, person or persons, including but not limited to employees
        or
        former employees of the Company, provided,
        however,
        that
        Executive may disclose the content of this Separation Agreement: (a) to members
        of his immediate family (provided such individuals agree not to divulge it);
        (b)
        to legal, financial and personal advisors; and (c) to the extent required
        by law
        or otherwise disclosed by the Company in public filings with the SEC. The
        Parties agree to cooperate in issuing a mutually acceptable press release
        announcing the Executive’s separation from the Company.

       

      10.  Cooperation.
        Executive agrees:

       

      (a)  To
        make
        himself available without the requirement of being subpoenaed to confer with
        counsel at reasonable times and locations and upon reasonable notice concerning
        any knowledge he had or may have with respect to actual and/or potential
        disputes arising out of any events that occurred in whole or in part during
        his
        period of employment by the Company. The Company shall reimburse Executive
        for
        any reasonable and necessary expenses he incurs in fulfilling this obligation.
        Company agrees that it will work in good faith to accommodate Executive’s
        schedule.

       

      (b)  To
        submit
        to depositions and/or testimony and/or participate in investigations by any
        government agency in accordance with the laws of the forum involved concerning
        any knowledge he has or may have with respect to actual and/or potential
        disputes or issues arising out of any events that occurred in whole or in
        part
        during his period of employment by the Company. The Company shall reimburse
        Executive for any reasonable and necessary expenses he incurs in fulfilling
        this
        obligation.

       

      (c)  To
        make
        himself reasonably available for the twelve (12) month period following the
        Separation Date to respond to inquiries by the Company, its management
        employees, agents, attorneys, representatives and advisors concerning matters
        associated with his employment at the Company, including without limitation
        assisting the Company in responding to SEC staff comments on past Company
        filings. The Company acknowledges that Mr. Sepaniak has cooperated through
        the
        Effectiveness Date in preparing such response to the best of his ability
        and
        resources. In addition, Executive shall be reasonably available to attend
        meetings and to travel to China, at the Company’s expense, on no more than two
        trips, said trips to be no more frequent than once every three (3) months,
        and
        for no longer than 7 consecutive business days, on reasonable prior request
        by
        the Company. The Company shall reimburse Executive for any reasonable and
        necessary expenses he incurs in fulfilling this obligation, including a $1,000
        per diem consulting fee for travel to China.

       

      11.  Release
        by Executive in Favor of Company.
        Executive knowingly and voluntarily releases and forever discharges, to the
        full
        extent permitted by law, the Company, SCL, affiliates, subsidiaries, divisions,
        predecessors, successors and assigns and the current and former employees,
        officers, directors and agents thereof (collectively referred to throughout
        the
        remainder of this Separation Agreement as “Executive Released Parties”), of and
        from any and all claims, known and unknown, asserted and unasserted, Executive
        has or may have against the Company or the other Executive Released Parties
        as
        of the date of execution of this Separation Agreement, other than claims
        arising
        out of the Executive Released Parties’ (i) knowing fraud, (ii) deliberate
        dishonesty, (iii) willful misconduct, or (iv) or (v) gross negligence. The
        foregoing release includes, but is not limited to, any alleged violation
        of:

       

      
        
          
          

        

        
          7

          
            

          

        

        
          
          

        

      

       

      
        	·  	
                Title
                  VII of the Civil Rights Act of 1964, as
                  amended;

              

      

       

      
        	·  	
                The
                  Civil Rights Act of 1991;

              

      

       

      
        	·  	
                Sections
                  1981 through 1988 of Title 42 of the United States Code, as
                  amended;

              

      

       

      
        	·  	
                The
                  Executive Retirement Income Security Act of 1974, as
                  amended;

              

      

       

      
        	·  	
                The
                  Immigration Reform and Control Act, as
                  amended;

              

      

       

      
        	·  	
                The
                  Americans with Disabilities Act of 1990, as
                  amended;

              

      

       

      
        	·  	
                The
                  Age Discrimination in Employment Act of 1967, as
                  amended;

              

      

       

      
        	·  	
                The
                  Older Workers Benefits Protection Act, as
                  amended;

              

      

       

      
        	·  	
                The
                  Workers Adjustment and Retraining Notification Act, as
                  amended;

              

      

       

      
        	·  	
                The
                  Occupational Safety and Health Act, as
                  amended;

              

      

       

      
        	·  	
                The
                  Sarbanes-Oxley Act of 2002.

              

      

       

      
        	·  	
                Any
                  other federal, state or local civil or human rights law or any
                  other
                  local, state or federal law, regulation or ordinance;
                  

              

      

       

      
        	·  	
                United
                  States, Florida and Georgia Constitutions;

              

      

       

      
        	·  	
                Any
                  public policy, contract, tort, or common law;
                  or

              

      

       

      
        	·  	
                Any
                  claim for costs, fees, or other expenses including attorneys’ fees
                  incurred in these matters.

              

      

       

      Excluded
        from this release is any right or claim that cannot be waived by law, including
        but not limited to the right to file a charge with or participate in an
        investigation conducted by government agencies. Executive is, however, waiving
        any right to monetary recovery should any agency pursue any claims on his
        behalf.

       

      
        
          
          

        

        
          8

          
            

          

        

        
          
          

        

      

       

      The
        foregoing release by Executive shall be null and void if any legal action
        by the
        Company, Chris Lennon or Carl Lanzisera is brought against the Executive
        for any
        act or omission to act of Executive occurring prior to the Effectiveness
        Date.

       

      12.  Release
        by Company in favor of Executive.
        

       

      (a)  The
        Company knowingly and voluntarily releases and forever discharges, to the
        full
        extent permitted by law, the Executive, his heirs, successors and assigns
        (collectively referred to throughout the remainder of this Separation Agreement
        as “Company Released Parties”), of and from any and all claims, known and
        unknown, asserted and unasserted, the Company has or may have against the
        Executive or the other Company Released Parties as of the date of execution
        of
        this Separation Agreement, other than claims arising out of the Executive’s (i)
        knowing fraud, (ii) deliberate dishonesty, (iii) willful misconduct, (iv)
        breach
        of his fiduciary duties of loyalty in his capacity as chief executive officer
        or
        as a director of the Company, or (v) gross negligence. Excluded from this
        release is any right or claim that cannot be waived by law, including but
        not
        limited to the right to file a charge with or participate in an investigation
        conducted by government agencies. The Company is, however, waiving any right
        to
        monetary recovery should any agency pursue any claims on its
        behalf.

       

      (b)  The
        foregoing release by the Company shall be null and void if any legal action
        by
        the Executive is brought against the Company arising out of any event occurring
        prior to the Effectiveness Date.

       

      (c)  As
        a
        further inducement to Executive to enter into this Separation Agreement,
        the
        Company is delivering to Executive simultaneously with execution and delivery
        of
        this Agreement an executed Release of each of Carl Lanzisera and Chris Lennon,
        in their respective personal capacities, in the form attached
        hereto.

       

      13.  Company
        Indemnification of Executive.

       

      (a)  Indemnification.
        Executive shall be indemnified and held harmless by the Company from and
        against
        any judgments, penalties, fines, amounts paid in settlement and Expenses
        (as
        hereinafter defined) incurred in connection with any actual or threatened
        Proceeding (as hereinafter defined) to the full extent permitted by the
        Company's Certificate of Incorporation (the “Certificate”) and bylaws (the
“Bylaws”) and the Business Corporation Act of the State of New Jersey (“New
        Jersey Law”) as in effect on July 1, 2005, and to advance to Executive Expenses
        incurred in connection therewith. “Proceeding” includes, without limitation, any
        action, suit, arbitration, alternate dispute resolution mechanism,
        investigation, administrative hearing or any other actual, threatened or
        completed proceeding, whether civil, criminal, administrative or investigative,
        whether by a third party, by or in the right of the Company or otherwise
        against
        the Company or its affiliates, arising out of the business, operations or
        activities of the Company, SCL or Guangzhou Weida Communications Technology
        Co.,
        Ltd.

       

      (b)  Advance
        of Expenses.
        Expenses
        (including reasonable attorneys' fees) incurred by Executive in defending
        any
        civil, criminal, administrative or investigative action, suit or proceeding
        for
        which Executive may be entitled to indemnification hereunder shall be paid
        by
        the Company in advance of the final disposition of such action, suit or
        proceeding; provided that the Company shall be entitled to receive an
        undertaking by or on behalf of Executive to repay such amount if it shall
        ultimately be finally adjudged by a court or the SEC that he is not entitled
        to
        be indemnified by the Company hereunder. The Executive hereby undertakes
        to
        repay any Expenses incurred in connection with the matters entitled In
        the
        Matter of the Application of John Castaldo, Petitioner vs. Teleflex
        Technologies, Inc. and SCL Ventures, Mitchell Sepaniak, and Laser Recording
        Systems, Inc, Respondents
        (Supreme
        Court, State of New York, Nassau County, 8138/04), and Ariel
        Gulfstream Ventures, LLC vs. Weida Communications, Inc., SCL Ventures, Ltd.,
        Mitchell Sepaniak, et. al.
        (Circuit Court. Broward County, Florida) if it shall ultimately be finally
        adjudged by a court or the SEC that he is not entitled to be indemnified
        by the
        Company hereunder. “Expenses” means
        all
        reasonable attorneys' fees and expenses, court costs, travel expenses,
        duplicating costs, telephone charges, postage and delivery fees, and all
        other
        reasonable costs and expenses of the type customarily incurred in connection
        with prosecuting, defending, preparing to prosecute or defend, investigating
        or
        being or preparing to be a witness in a Proceeding.

       

      
        
          
          

        

        
          9

          
            

          

        

        
          
          

        

      

       

      (c)  Exceptions
        to Indemnification.
        Notwithstanding
        the foregoing, no indemnity pursuant to this Paragraph 13 shall be paid by
        the
        Company:

       

      (a) on
        account of any suit in which judgment is rendered against Executive for an
        accounting of profits made from the purchase or sale by Executive of securities
        of the Company pursuant to the provisions of Section 16(b) of the Securities
        Exchange Act of 1934, as amended, or similar provisions of any federal, state
        or
        local statutory law;

      

      (b) on
        account of Executive's conduct which is adjudged to have been knowingly
        fraudulent or deliberately dishonest, or to constitute willful misconduct
        or
        gross negligence;

      

      (c) on
        account of Executive's conduct which is adjudged to have constituted a breach
        of
        Executive's fiduciary duties of loyalty or care to the Company or resulted
        in
        any personal profit or advantage to which Executive was not legally
        entitled;

      

      (d) for
        which
        payment is actually made to Executive under a valid and collectible insurance
        policy or under a valid and enforceable indemnity clause, bylaw or agreement,
        except in respect of any excess beyond payment under such insurance, clause,
        bylaw or agreement;

      

      (e) if
        a
        final decision by a court having jurisdiction in the matter shall determine
        that
        such indemnification is not lawful; or

      

      (f) in
        connection with any proceeding (or part thereof) initiated by Executive,
        or any
        proceeding by Executive against the Company or its directors, officers,
        employees or other indemnities, unless (i) such indemnification is expressly
        required to be made by law, (ii) the proceeding was authorized by the Board
        of
        Directors of the Company, or (iii) such indemnification is provided by the
        Company, in its sole discretion, pursuant to the powers vested in the Company
        under applicable law.

       

      
        
          
          

        

        
          10

          
            

          

        

        
          
          

        

      

       

      The
        Executive further acknowledges that he is aware that it is the view of the
        SEC
        that indemnification for liabilities arising under certain of the federal
        securities laws is against public policy as expressed in such laws and is,
        therefore, unenforceable, and that in the event a claim for indemnification
        against such liabilities (other than the payment by the Company of expenses
        incurred or paid by the Executive in the successful defense of any Proceeding)
        is asserted against the Company, the SEC may object to payment of such claim,
        in
        which event the Company will promptly notify the Executive, submit to a court
        of
        appropriate jurisdiction the question of whether such indemnification by
        it is
        against public policy as expressed in such laws, contend that indemnification
        was proper to the full extent good faith permits, and will be governed by
        the
        final adjudication of such issue. 

      

      (d)  Certain
        Agreements of Executive and the Company.

       

      (i)  
        Executive agrees to do all things reasonably requested by the Board of Directors
        of the Company to enable the Company to coordinate Executive's defense with,
        if
        applicable, the Company's defense; provided, however, that
        Executive shall not be required to take any action that would in any way
        prejudice his defense or waive any defense, privilege or position available
        to
        him in connection with any action;

       

      (ii)  Executive
        agrees to do all things reasonably requested by the Board of Directors of
        the
        Company to subrogate to the Company any rights of recovery (including rights
        to
        insurance or indemnification or Executive’s claims or rights of recovery from
        persons other than the Company) which Executive may have with respect to
        any
        action;

       

      (iii)  Executive
        agrees to be represented in any action in which he is a co-defendant with
        the
        Company by a law firm mutually acceptable to the Company and Executive, which
        consent shall not be unreasonably withheld, and agrees that the firms of
        Brown
        Raysman Millstein Felder & Steiner and Weintraub & Rosen are acceptable
        law firms for such defense, provided, that if the Executive shall have
        reasonably concluded that representation of both parties by the same counsel
        would be inappropriate based on a written opinion of counsel that an actual
        or
        potential material conflict of interest exists between the Executive and
        the
        Company with respect to the defense of such action, the Executive shall be
        entitled to retain separate counsel; 

       

      (iv)  Executive
        agrees to cooperate with the Company and its counsel and maintain any
        confidences revealed to him or her by the Company in connection with the
        Company's defense of any action. The Company agrees to cooperate with Executive
        and his or her counsel and maintain any confidences revealed to it by Executive
        in connection with Executive's defense of any action.

       

      (v)  The
        Company agrees not to settle any Proceeding without the prior written consent
        of
        Executive, which consent shall not be unreasonably withheld, if such settlement
        would (i) in any way prejudice a defense of Executive or waive any defense,
        privilege or position available to Executive in connection with the Proceeding,
        or (ii) cause Executive to be liable for any judgments, penalties, fines,
        amounts paid in settlement or Expenses incurred in connection with the
        Proceeding, except as provided in subparagraph (c) hereof.

       

      
        
          
          

        

        
          11

          
            

          

        

        
          
          

        

      

       

      (e)  The
        provisions of this Paragraph 13 shall be in addition to, and not in limitation
        of, any other rights to indemnification that Executive may have pursuant
        to the
        Certificate, the Bylaws or New Jersey Law.

       

      14.  Severability.
        Executive specifically acknowledges that he has considered carefully all
        of the
        covenants outlined above and intends that each covenant shall be enforced
        fully
        in accordance with its terms. However, if, in any judicial proceeding, a
        court
        shall determine that such covenants are unenforceable for any reason, then
        the
        Parties intend that such covenants shall be deemed to be limited in such
        manner
        as the court may determine to permit enforceability by such court and the
        remainder of this Separation Agreement shall remain enforceable as
        executed.

       

      15.  Entire
        Agreement.
        This
        Separation Agreement, together with the restrictive covenants set forth in
        Paragraphs 6 and 8, constitute the full and complete understanding between
        the
        Parties. There are no other agreements or understandings, either oral or
        in
        writing, which are not reflected in this Separation Agreement. Executive
        warrants and agrees that the Company has not made any other agreement, promise
        or assurance, except those expressed in this document, to induce or persuade
        Executive to enter into this Separation Agreement.

       

      16.  No
        Modification.
        This
        Separation Agreement and any attachments hereto shall not be modified or
        discharged, in whole or in part, except by agreement in writing signed by
        the
        Parties hereto. 

       

      17.  No
        Liability.
        It is
        understood and agreed that this Separation Agreement is not to be construed
        as
        an admission of liability by the Company.

       

      18.  Counterparts.
        This
        Separation Agreement may be signed in counterparts.

       

      19.  Revocation.
        Executive may revoke this Separation Agreement for a period of seven (7)
        calendar days following the day he executes this Separation Agreement. Any
        revocation within this period must be submitted, in writing, to Carl Lanzisera
        and state, “I hereby revoke my acceptance of the Separation Agreement.” The
        revocation must be postmarked within seven (7) calendar days of Executive’s
        execution of this Separation Agreement. This Separation Agreement shall not
        become effective or enforceable until the revocation period has expired and
        a
        fully executed copy of this Separation Agreement has been received by Carl
        Lanzisera (the “Effective Date”). If the last day of the revocation period is a
        Saturday, Sunday, or legal holiday in the state in which Executive was employed
        at the time of his last day of employment, then the revocation period shall
        not
        expire until the next following day which is not a Saturday, Sunday, or legal
        holiday.

       

      20.  Construction.
        In the
        event of vagueness or ambiguity, this Separation Agreement shall not be
        construed against the party preparing it, but shall be construed as if all
        parties prepared it jointly.

       

      
        
          
          

        

        
          12

          
            

          

        

        
          
          

        

      

       

      21.  Succession.
        This
        Separation Agreement shall inure to the benefit of and be binding upon Executive
        and his heirs, executors, administrators, successors, and assigns. This
        Separation Agreement shall inure to the benefit of the Company and the other
        Executive Released Parties and be binding upon the Company and its successors
        and assigns.

       

      22.  No
        Assignment.
        Executive warrants and represents that he has not assigned or transferred
        or
        purported to assign or transfer to any person or entity all or any part of
        any
        interest in any claim released under this Separation Agreement. Executive
        also
        warrants and represents there are no liens against any of the settlement
        proceeds described in this Separation Agreement.

       

      23.  Counterparts.
        This
        Separation Agreement may be executed in counterparts and shall be deemed
        fully
        executed when each party has signed and transmitted a counterpart to the
        other.
        All counterparts taken together shall constitute a single agreement. A facsimile
        signature shall have the some force and effect of an original
        signature.

       

      24.  Knowing
        Waiver of Age Discrimination Claims.
        By
        entering into this Separation Agreement, Executive knowingly and voluntarily
        waives and releases the Released Parties from any claims for age discrimination
        under the Age Discrimination in Employment Act. Executive also acknowledges
        that
        he has been informed pursuant to the Federal Older Workers Benefit Protection
        Act of 1990 that:

       

      (a)  He
        has
        the right to consult with an attorney before signing this Separation Agreement;
        

       

      (b)  He
        does
        not waive rights or claims under the federal Age Discrimination in Employment
        Act that may arise after the date this waiver is executed;

       

      (c)  He
        has
        twenty-one (21) days from the date he receives this Separation Agreement
        to
        consider this Separation Agreement;

       

      (d)  He
        has
        seven (7) days after signing this Separation Agreement to revoke the Separation
        Agreement and the Separation Agreement will not be effective until that
        revocation period has expired.

       

      
        
          
          

        

        
          13

          
            

          

        

        
          
          

        

      

       

      25.  Knowing
        and Voluntary Agreement.
        By
        signing this Separation Agreement, Executive acknowledges that he has been
        advised in writing to seek the advice of an attorney regarding this Separation
        Agreement, he has been given adequate time to review this Separation Agreement,
        he has read this entire Separation Agreement, he fully understands its purpose,
        and that he is voluntarily entering into this Separation Agreement with the
        intent to be legally bound by its terms. 

       

      Agreed:        

       

      
        	 	 	 	 Weida
                Communications, Inc.
	/s/ Mitchell
                Sepaniak	 	 	/s/ Chris
                Lennon
	
                
Mitchell
                J. Sepaniak	 	 	
                
                  

                

                Chris Lennon, 

                Chief Operating Officer

              
	
                Date:
                  September 6, 2005

                 

              	 	 	
                 

                Date:
                  September 6, 2005

              

      

    

    
       

      
        
          
          

        

        
          14

          
            

          

        

        
          
          

        

      

          

       

      SCHEDULE
        A

      

     

     

    
      

      
        
          
          

        

        
          15

          
            

          

        

        
          
          

        

      

      
         

         

      

      RELEASE
        BY CARL LANZISERA IN FAVOR OF EXECUTIVE

      

      

      In
        connection with the execution and delivery of the Confidential Separation
        Agreement and Release (the “Separation Agreement”), being entered into by and
        between Mitchell J. Sepaniak (“Executive”), and Weida Communications, Inc., a
        New Jersey corporation (the “Company”), and in consideration of the benefits
        conferred on the Company and the undersigned by such Agreement, and as a
        further
        inducement to Executive to enter into the Agreement, the undersigned hereby
        knowingly and voluntarily releases and forever discharges, to the full extent
        permitted by law, the Executive, his heirs, successors and assigns (collectively
        referred to throughout the remainder of this Release as “Released Parties”), of
        and from any and all claims, known and unknown, asserted and unasserted,
        the
        Company has or may have against the Executive or the other Released Parties
        as
        of the date of execution of the Separation Agreement, other than claims arising
        out of the Executive’s (i) knowing fraud, (ii) deliberate dishonesty, (iii)
        willful misconduct, (iv) breach of his fiduciary duties of loyalty in his
        capacity as chief executive officer or as a director of the Company, or (v)
        gross negligence. Excluded from this release is any right or claim that cannot
        be waived by law, including but not limited to the right to file a charge
        with
        or participate in an investigation conducted by government agencies. The
        undersigned is, however, waiving any right to monetary recovery should any
        agency pursue any claims on its behalf.

      

      The
        foregoing release by the undersigned shall be null and void if any legal
        action
        by the Executive is brought against the undersigned or the Company arising
        out
        of any event occurring prior to the Effectiveness Date. 

       

      
        	 	 	 
	 	 
	 
 	 
 	 
 
	Date: September
                6, 2005	By:  	/s/ Carl
                Lanzisera
	 	
                
Carl
                Lanzisera
	 	 

      

       

      
         

        
          
            
            

          

          
            16

            
              

            

          

          
            
            

          

        

         

        RELEASE
          BY CHRIS LENNON IN FAVOR OF EXECUTIVE

      

      

      

      In
        connection with the execution and delivery of the Confidential Separation
        Agreement and Release (the “Separation Agreement”), being entered into by and
        between Mitchell J. Sepaniak (“Executive”), and Weida Communications, Inc., a
        New Jersey corporation (the “Company”), and in consideration of the benefits
        conferred on the Company and the undersigned by such Agreement, and as a
        further
        inducement to Executive to enter into the Agreement, the undersigned hereby
        knowingly and voluntarily releases and forever discharges, to the full extent
        permitted by law, the Executive, his heirs, successors and assigns (collectively
        referred to throughout the remainder of this Release as “Released Parties”), of
        and from any and all claims, known and unknown, asserted and unasserted,
        the
        Company has or may have against the Executive or the other Released Parties
        as
        of the date of execution of the Separation Agreement, other than claims arising
        out of the Executive’s (i) knowing fraud, (ii) deliberate dishonesty, (iii)
        willful misconduct, (iv) breach of his fiduciary duties of loyalty in his
        capacity as chief executive officer or as a director of the Company, or (v)
        gross negligence. Excluded from this release is any right or claim that cannot
        be waived by law, including but not limited to the right to file a charge
        with
        or participate in an investigation conducted by government agencies. The
        undersigned is, however, waiving any right to monetary recovery should any
        agency pursue any claims on its behalf.

      

      The
        foregoing release by the undersigned shall be null and void if any legal
        action
        by the Executive is brought against the undersigned or the Company arising
        out
        of any event occurring prior to the Effectiveness Date. 

       

      
        	 	 	 
	 	 
	 
 	 
 	 
 
	Date: September
                6, 2005	By:  	/s/ Chris
                Lennon
	 	
                
Chris
                Lennon
	 	 

      

      
 

      
        
          
          

        

        
          17EMPLOYMENT
        AGREEMENT

       

      

       

      EMPLOYMENT
        AGREEMENT effective as of April 4, 2005 (the “Commencement Date”) by and between
        Weida Communications, Inc. (the “Company”) and Christopher Lennon (the
“Executive”) (this “Agreement”).

       

      The
        parties hereto wish to enter into an employment agreement on the terms and
        conditions set forth below. Accordingly, in consideration of the premises
        and
        the respective covenants and agreements of the parties herein contained,
        and
        intending to be legally bound hereby, the parties hereto agree as
        follows:

       

      1.  Term.
        The
        Executive's employment under this Agreement shall commence on the Commencement
        Date and shall end, unless terminated earlier pursuant to Section 4, at the
        close of business on April 3, 2007 (the “Term”); provided,
        however,
        that
        the Term shall thereafter be automatically extended for each succeeding one
        (1)
        year period (the Company shall also have the option to extend the Term for
        an
        additional one (1) year, thereby increasing the extension period to two (2)
        years) unless either party hereto shall provide the other party with a written
        notice at least ninety (90) days prior to the end of the then current Term,
        advising that the party providing the notice shall not agree to so extend
        the
        Term.

       

      2.  Title,
        Duties and Authority.
        The
        Executive shall serve as Chief Operating Officer of the Company, and shall
        have
        such responsibilities and duties (consistent with the Executive's position
        as
        Chief Operating Officer of the Company) as may from time to time be assigned
        to
        the Executive by the board of directors of the Company (the “Board”), and shall
        have all of the powers and duties usually incident to such offices. The
        Executive shall devote substantially all of his working time and efforts
        to the
        business and affairs of the Company, except for vacations, illness and
        incapacity; provided,
        however,
        that
        the Executive may serve on the boards of directors of non-public companies
        and
        charitable organizations and may devote reasonable time to charitable and
        civic
        organizations, in all cases provided that the performance of his duties and
        responsibilities on such boards and in such service does not interfere
        substantially with the performance of his duties and responsibilities under
        this
        Agreement. The Company hereby agrees to consider the Executive as a possible
        replacement should the Company’s Chief Executive Officer need to be replaced
        during the Term.

       

      3.  Compensation
        and Benefits.

       

      (a)  Base
        Salary.
        During
        the Term, the Company shall pay the Executive a base salary (“Base Salary) at
        the rate of Two Hundred Twenty-Five Thousand Dollars ($225,000) per annum,
        payable in accordance with the Company’s regular payroll practices; provided,
        however,
        that
        following the Commencement Date, should the Company successfully complete
        a
        financing with an investment bank for an amount in excess of Ten Million
        Dollars
        ($10,000,000), the rate of Base Salary shall thereupon be prospectively
        increased to Two Hundred Seventy-Five Thousand Dollars ($275,000) per annum
        and,
        thereafter, the Compensation Committee of the Board shall on an annual basis
        consider increasing the Executive’s rate of Base Salary.

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

       

      (b)  Annual
        Bonus.
        For
        each calendar year (or part thereof) during the Term, the Executive shall
        be
        eligible to receive from the Company a cash bonus of up to Twenty-Five Thousand
        Dollars ($25,000) upon the Company’s satisfaction of goals predetermined by the
        Board for each such year (with proration for any partial calendar years
        occurring during the Term). Such annual bonus shall be payable by January
        31 of
        the next following calendar year. On an annual basis the Compensation Committee
        of the Board shall consider increasing the Executive’s eligible Bonus
        amount.

       

      (c)  Equity
        Compensation.
        The
        Executive shall receive the following awards under the Weida Communications,
        Inc. Omnibus Securities and Incentive Plan (the “Plan”), such awards to be
        subject to all of the applicable terms and conditions of the Plan:

       

      (i)  The
        Executive shall receive a stock option for the purchase of that number of
        shares
        of the Company’s common stock equal to eighty-five percent (85%) of the number
        of shares subject to the stock option granted contemporaneously under the
        Plan
        to the Company’s Chief Executive Officer (the “CEO’s Option”). The terms of the
        Executive’s option, including but not limited to the exercise price and vesting
        requirements, if any, shall be substantially the same as the terms of the
        CEO’s
        Option. 

       

      (ii)  The
        Executive shall receive a restricted stock award for Seven Hundred Fifty
        Thousand (750,000) shares, with a two (2) year service-based cliff vesting
        requirement for the lapse of the attendant transfer restrictions on the
        shares.

       

      (d)  Employee
        Health and Dental Benefits.
        The
        Executive shall be entitled to participate in the Company’s employee health and
        dental benefits plan during the Term, as such plan may be in effect from
        time to
        time.

       

      (e)  Expenses.
        The
        Executive shall be entitled to receive prompt reimbursement of his expenses
        incurred in the performance of his employment hereunder upon his submission
        to
        the Company of reasonable and customary expense claims to the Company, in
        accordance with the Company’s procedures for expense reimbursement.

       

      (f)  Vacations.
        The
        Executive shall be entitled to four (4) weeks paid vacation during the Term
        with
        no right to carry over unused days.

       

      (g)  Sick
        Pay.
        The
        Executive shall be entitled to five (5) paid sick days during the Term, with
        no
        right to carry over unused days.

       

      4.  Termination.
        The
        Executive's employment hereunder with the Company may be terminated under
        the
        following circumstances:

       

      (a)  Death
        or Disability.
        If the
        Executive shall die or become disabled during the Term, the Company may
        terminate the Executive's employment hereunder for death or “Disability,” as
        applicable. For purposes of this Agreement, the Executive’s “Disability” shall
        be determined in the sole discretion of the Board.

       

      (b)  Cause.
        The
        Company by action of the Board may terminate the Executive's employment
        hereunder for Cause. For purposes of this Agreement, the Company shall have
        “Cause” to terminate the Executive's employment hereunder upon the determination
        by the Board of:

       

      
        
          
          

        

        
          2

          
            

          

        

        
          
          

        

      

       

      (i)  the
        failure by the Executive to substantially perform the Executive's duties
        hereunder (other than any such failure resulting from the Executive's Disability
        which shall be subject to the provisions of Section 4(a));

       

      (ii)  the
        willful violation by the Executive of any of the Executive's material
        obligations hereunder;

       

      (iii)  the
        willful engaging by the Executive in misconduct which is materially injurious
        to
        the business or reputation of the Company or any of its affiliates;
        or

       

      (iv)  the
        Executive's conviction of a felony.

       

      Notwithstanding
        the foregoing, the Executive shall not be terminated for Cause
        without:

       

      (A)  delivery
        of a written notice to the Executive setting forth the reasons for the Company's
        intention to terminate the Executive's employment hereunder for
        Cause;

       

      (B)  the
        failure of the Executive to cure the nonperformance, violation or misconduct
        described in the notice referred to in clause (A) of this paragraph, if cure
        thereof is possible, to the reasonable satisfaction of the Board, within
        fifteen
        (15) days of the Executive's receipt of such notice; and

       

      (C)  an
        opportunity for the Executive, together with the Executive's counsel, to
        be
        heard before the Board.

       

      (c)  Without
        Cause.
        The
        Company by action of the Board may terminate the Executive's employment
        hereunder without Cause.

       

      (d)  Resignation.
        The
        Executive may terminate the Executive's employment hereunder by his
        resignation.

       

      5. 
Compensation
        upon Termination.

       

      (a)  Death
        or Disability.
        If the
        Executive's employment with the Company hereunder is terminated on account
        of
        the Executive's death or Disability pursuant to Section 4(a), the Company
        shall
        as soon as practicable pay to the Executive or the Executive's estate, as
        applicable, or as may be directed by the legal representatives of the Executive
        or the Executive's estate, as applicable, any Base Salary accrued and due
        to the
        Executive under Section 3(a) through the date of the Executive's death or
        termination for Disability, as applicable. Other than the foregoing, the
        Company
        shall have no further obligations to the Executive hereunder.

       

      (b)  By
        the
        Company for Cause or By the Executive.
        If the
        Executive's employment with the Company hereunder is terminated by the Company
        for Cause pursuant to Section 4(b) or by the Executive pursuant to Section
        4(d),
        the Company shall as soon as practicable pay the Executive any Base Salary
        accrued and due to the Executive under Section 3(a) through the Executive's
        date of termination. Other than the foregoing, the Company shall have no
        further
        obligations to the Executive hereunder.

       

      
        
          
          

        

        
          3

          
            

          

        

        
          
          

        

      

       

      (c)  Termination
        By the Company Without Cause.
        If the
        Company shall terminate the Executive's employment hereunder without Cause
        pursuant to Section 4(c), then the Company shall:

       

      (i)  as
        soon
        as practicable pay the Executive any Base Salary accrued and due to the
        Executive under Section 3(a) through his date of termination;

       

      (ii)     
        continue
        to pay the Executive his Base Salary in effect as of his date of termination
        for
        the lesser of the then remainder of the Term or nine (9) months (or until
        such
        earlier time that the Executive violates the provisions of Section 6, at
        the
        times such payments would otherwise have been made under Section 3(a);
        and

       

      (iii)   
provide
        the Executive for the lesser of the then remainder of the Term or nine (9)
        months (or until such earlier time that the Executive violates the provisions
        of
        Section 6, with continued participation in the Company’s employee health and
        dental benefit plan, to the extent that such a plan shall then continue to
        be in
        effect.

       

      Other
        than the foregoing, the Company shall have no further obligations to the
        Executive hereunder.

       

      6.   
Restrictive
        Covenants.

       

      (a)  Reasonable
        Covenants.
        It is
        expressly understood by and between the Company and the Executive that the
        covenants contained in this Section 6 are an essential element of this Agreement
        and that but for the agreement by the Executive to comply with such covenants
        and thereby not to diminish the value of the organization and goodwill of
        the
        Company or any affiliate or subsidiary of the Company, including relations
        with
        their employees, clients, customers and accounts, the Company would not enter
        into this Agreement. The Executive has independently consulted with his legal
        counsel and after such consultation agrees that such covenants are reasonable
        and proper.

       

      (b)  Noncompetition;
        No Diversion of Customers; No Solicitation of Employees, Etc.
        During
        the Term and for nine (9) months after the end of the Term the Executive
        shall
        not:

       

      (i)   
engage,
        anywhere within the geographical areas in which the Company, and/or any of
        its
        affiliates or subsidiaries have conducted their business operations or provided
        services as of the date hereof or at any time prior to the end of the term
        of
        this Agreement, directly or indirectly, alone, in association with or as
        a
        shareholder, principal, agent, partner, officer, director, employee or
        consultant of any other organization, in any business conducted by the Company
        or any of its affiliates or subsidiaries;

       

      (ii)   
        divert
        to
        any competitor of the Company or any of its affiliates or subsidiaries, any
        customer of the Company or any of its affiliates or subsidiaries;

       

      (iii)   
        solicit
        or encourage any officer, employee or consultant of the Company or any of
        its
        affiliates or subsidiaries to leave the employ of the Company or any of its
        affiliates or subsidiaries for employment by or with any competitor of the
        Company or any of its affiliates or subsidiaries;

       

      
        
          
          

        

        
          4

          
            

          

        

        
          
          

        

      

       

      provided,
        however,
        that
        the Executive may invest in stocks, bonds or other securities of any competitor
        of the Company or any of its affiliates or subsidiaries if:

       

      (A)  such
        stocks, bonds, or other 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;

       

      (B)  his
        investment does not exceed, in the case of any class of the capital stock
        of any
        one issuer, one percent (1%) of the issued and outstanding shares, or, in
        the
        case of other securities, one percent (1%) of the aggregate principal amount
        thereof issued and outstanding; and

       

      (C)  such
        investment would not prevent, directly or indirectly, the transaction of
        business by the Company and/or of its affiliates or subsidiaries with any
        state,
        district, territory or possession of the United States or any governmental
        subdivision, agency or instrumentality thereof by virtue of any statute,
        law,
        regulation or administrative practice.

       

      If,
        at
        any time, the provisions of this Section 6(b) shall be determined to be invalid
        or unenforceable by reason of being vague or unreasonable as to area, duration
        or scope of activity, this Section 6(b) shall be considered severable and
        shall
        become and shall be immediately amended solely with respect to such area,
        duration and scope of activity as shall be determined to be reasonable and
        enforceable by the court or other body having jurisdiction over the matter
        and
        the Executive hereby agrees that this Section 6(b) as so amended shall be
        valid
        and binding as though any invalid or unenforceable provision had not been
        included herein. Except as provided in this Section 6(b), nothing in this
        Agreement shall prevent or restrict the Executive from engaging in any business
        or industry in any capacity.

       

      (c)  Nondisclosure
        of Confidential Information.
        The
        Executive shall keep secret and confidential and shall not disclose to any
        third
        party in any fashion or for any purpose whatsoever, any information regarding
        this Agreement, or any other information regarding the Company or its affiliates
        or subsidiaries which is not available to the general public, and/or not
        generally known outside the Company or any such affiliate or subsidiary,
        to
        which he has or shall have had access at any time during the course of his
        employment with the Company, including, without limitation, any information
        relating to the Company's (and its affiliates' or subsidiaries'):

       

      (i)     
        business,
        operations, plans, strategies, prospects or objectives;

       

      (i)  products,
        technologies, processes, specifications, research and development operations
        and
        plans;

       

      (ii)  customers
        and customer lists;

       

      (iii)  distribution,
        sales, service, support and marketing practices and operations;

       

      (iv)  financial
        condition and results of operations;

       

      (v)  operational
        strengths and weaknesses; and

       

      (vi)  personnel
        and compensation policies and procedures.

       

      
        
          
          

        

        
          5

          
            

          

        

        
          
          

        

      

       

      Notwithstanding
        the foregoing provisions of this Section 6, the Executive may discuss this
        Agreement with the members of his immediate family and with his personal
        legal
        and tax advisors and may disclose the existence of his employment with the
        Company to any third party.

       

      (d)  Specific
        Performance.
        Without
        intending to limit the remedies available to the Company or its affiliates
        or
        subsidiaries, the Executive hereby agrees that damages at law would be an
        insufficient remedy to the Company or its affiliates or subsidiaries in the
        event that the Executive violates any of the provisions of this Section 6,
        and
        that, in addition to money damages, the Company or its affiliates or
        subsidiaries may apply for and, upon the requisite showing, have injunctive
        relief in any court of competent jurisdiction to restrain the breach or
        threatened breach of or otherwise to specifically enforce the covenants
        contained in this Section 6. 

       

      7.  Successors.
        This
        Agreement cannot be assigned by any of the parties hereto without the prior
        written consent of the other party hereto, except that it shall be binding
        automatically on any successors and assigns of all or substantially all of
        the
        business and/or assets of the Company (whether direct or indirect, by purchase,
        merger, consolidation or otherwise).

       

      8.  Arbitration.
        Except
        as provided in Section 6(c), all controversies, claims or disputes arising
        out
        of or relating to this Agreement shall be settled by binding arbitration
        under
        the rules of the American Arbitration Association, as the sole and exclusive
        remedy of either party, and judgment upon such award rendered by the
        arbitrators(s) may be entered in any court of competent jurisdiction. The
        costs
        of arbitration shall be borne by the unsuccessful party or otherwise as
        determined by the arbitrators in their discretion.

       

      9.  Governing
        Law.
        The
        validity, interpretation, construction and performance of this Agreement
        shall
        be governed by the laws of the State of Delaware without regard to conflicts
        of
        law principles.

       

      10.  Amendments.
        No
        provision of this Agreement may be modified, waived or discharged unless
        such
        waiver, modification or discharge is agreed to in writing signed by the
        Executive and such officers of the Company as may be specifically designated
        for
        such purpose by the Board.

       

      11.  Entire
        Agreement.
        This
        Agreement sets forth the entire agreement of the parties hereto in respect
        of
        the subject matter contained herein and supersedes all prior agreements,
        promises, covenants, arrangements, communications, representations or
        warranties, whether oral or written, by any officer, employee or representative
        of any party hereto.

       

      
        
          
          

        

        
          6

          
            

          

        

        
          
          

        

      

       

      12.  Survival.
        The
        obligations of the parties hereto contained in Sections 5, 6 and 8 shall
        survive
        the termination of this Agreement.

       

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

       

      WEIDA
        COMMUNICATIONS, INC.

      

       By:____________________________

      Name:

      Title:

      

      

       ______________________________

       CHRISTOPHER
        LENNON

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