Document:

Version B

Exhibit 10.1 

EMPLOYMENT AGREEMENT 

                THIS
EMPLOYMENT AGREEMENT (this “Agreement”) is made as of April 24, 2006,
between MATTHEW BURRIS, a resident of Connecticut (the Executive), and TRUEYOU.COM,
a Delaware corporation (the “Company”). 

RECITALS 

                WHEREAS,
the Company desires to employ the Executive, and the Executive desires to enter into such
employment with the Company, upon the terms and conditions hereinafter set forth. 

                NOW,
THEREFORE, in consideration of the mutual covenants and promises contained herein, the
parties hereto, each intending to be legally bound hereby, agree as follows: 

             1.           
          Employment; Duties; Location. 

             (a)           
          Employment; Duties. On the terms and subject to the conditions set forth
          herein, the Company hereby agrees to employ the Executive as an Executive Vice
          President, Chief Financial Officer and Chief Operating Officer of the Company,
          and the Executive hereby agrees to accept such employment, for the Employment
          Term (as defined in Section 4). The Executive shall have such authorities,
          duties and responsibilities as are usual and customary for an Executive Vice
          President, Chief Financial Officer and the Chief Operating Officer of a public
          company, including, without limitation, the daily fiscal management of the
          Company, preparation of financial statements, tax returns, financial position
          forecasts, annual budgets, regulatory reports required to be filed with the
          Securities and Exchange Commission and other local, state and federal
          authorities, human resources management, to assist in the design of an employee
          incentive compensation and bonus compensation plan, responsibility for all
          aspects of the Company’s relationships with its outside and internal
          auditors, audit committee, accountants and legal counsel, responsibility for
          investors relations, risk management, information technology and all other
          duties and responsibilities as may from time to time be directed by the Board of
          Directors of the Company (the “Board”) and consistent with the
          position of Executive Vice President and Chief Financial Officer and Chief
          Operating Officer. The Executive shall report exclusively and directly to the
          senior most operating officer of the Company. The Executive shall also serve in
          the same positions for all of the Company’s subsidiaries with no additional
          compensation to be paid to the Executive for his services in such positions. 

             (b)           
          Location. The location at which the Executive will perform his duties
          under this Agreement shall be the Company’s principal executive offices in
          Norwalk, Connecticut, subject to reasonable travel required to perform his
          duties under this Agreement. 

             2.           
          Performance. During the Employment Term, the Executive agrees to devote
          his full business time and attention to the business and affairs of the Company
          and the discharge of his responsibilities hereunder (excluding periods of
          vacation and sick leave); provided that the Executive may (a) engage in
          or serve such professional, civic, trade association, charitable, community,
          educational, religious or similar types of organizations, or speaking
          engagements, or serve on the boards of directors or advisory committees of any
          charitable or not-for-profit entities; (b) with the prior written consent of the
          Company, such consent not to be unreasonably withheld, serve on the boards of
          directors or advisory committees of any for-profit business entities; and (c)
          attend to the Executive’s personal matters and/or the Executive’s
          and/or his family’s personal finances, investments and business affairs. It
          is understood that in all events and even if consented to by the Company, at all
          times the Executive’s duties and responsibilities to the Company shall be
          paramount, and the Executive shall not permit any other activities to interfere
          with the Executive’s responsibilities to the Company under this Agreement.
          The Executive shall be permitted to retain all compensation in respect of any of
          the services or activities referred to above. 

             3.           
          Compensation and Benefits. 

             (a)           
          Base Salary. The Company shall pay the Executive a base salary at an
          annual rate of Three Hundred Fifty Thousand Dollars ($350,000), with annual
          reviews for increase but not decrease, provided, however, that, at
          a minimum, the base salary shall be increased effective as of each anniversary
          date hereof by the percentage increase in the consumer price index for all items
          for all-urban consumers respecting the New York City Metropolitan Area, as
          published by the United States Department of Labor, Bureau of Labor Statistics,
          for the 12-month period immediately preceding such anniversary date (such annual
          base salary as increased from time to time shall hereinafter be referred to as
          “Base Salary”). The Base Salary shall be paid in accordance
          with the normal payroll practices for executives of the Company as in effect
          from time to time, but in no event less often than monthly. 

             (b)           
          Bonus. The Executive shall participate in the Company’s bonus
          arrangement as mutually agreed between the Company and the Executive and as
          shall be set forth as Exhibit A hereto, as such arrangement may be
          amended from time to time after the date hereof with the Executive’s
          written consent. As the Company’s bonus plan does not exist as of the
          Commencement Date (as defined in Section 4), the parties agree that, until this
          Agreement is amended to provide a new bonus plan, the annual bonus award target
          is sixty percent (60%) of the Base Salary, payable to the Executive based on the
          Executive’s attainment of performance measures, as determined by the senior
          operating officer of the Company and approved by the Board; provided,
          however, that the Executive will receive a minimum annual bonus payment
          of Sixty Thousand Dollars ($60,000) payable at the beginning of July of each
          calendar year during the Employment Term. Notwithstanding the foregoing, such
          minimum annual bonus payment due on July 1, 2006 shall be payable on the later
          of July 1, 2006 or the date on which the Company consummates a financing
          transaction of no less than $20,000,000. In addition, the Company shall on an
          annual basis, commencing with the fiscal year beginning July 1, 2006, review the
          Executive’s performance, and in the sole and absolute discretion of the
          Company, pay the Executive a bonus of One Hundred Fifty Thousand Dollars
          ($150,000). In the event that the Company creates a deferred compensation plan,
          the Executive may elect to defer receipt of such 

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in accordance with such plan which plan shall
comply with Section 409A of the Internal Revenue Code of 1986, as amended (the
“Code”). 

             (c)           
          Business Expenses. The Company shall promptly reimburse the Executive for
          all travel, entertainment and other business expenses incurred by the Executive
          in the performance of his duties to the Company; provided, that such
          expenses are incurred and accounted for in accordance with the policies and
          procedures established by the Company applicable to senior executives generally. 

             (d)           
          Vacation. The Executive shall be entitled to four (4) weeks paid vacation
          per year in accordance with the Company’s policies and procedures
          applicable to senior executives generally and with the timing to be consistent
          with the needs of the business of the Company. 

             (e)           
          Employee Benefits and Fringe Benefits. The Executive shall be entitled to
          receive employee benefits (with dependent coverage), including life insurance,
          health, medical, hospitalization, dental and prescription drug benefits, and
          travel accident insurance, and fringe benefits and perquisites in accordance
          with the plans, practices, programs and policies of the Company in effect for
          its senior executives from time to time and as the same may be amended from time
          to time for such senior executives. The Company will reimburse the Executive for
          all “COBRA” healthcare continuation coverage expenses actually
          incurred by the Executive (including with respect to coverage for his
          dependents) from the Commencement Date until the Executive and his dependents
          are eligible to participate in the Company’s medical, dental and vision
          insurance plans, within ten (10) days after incurring such expenses. In
          addition, the Executive shall receive a cash payment equal to the amount of any
          income tax liability actually incurred by the Executive with respect to such
          reimbursement plus an amount (the “Tax Gross-Up Amount”) such
          that after payment of all income and other taxes on such reimbursement plus the
          Tax Gross-Up Amount, the Executive has after-tax funds remaining in the amount
          of such expenses. Such cash payment and Tax Gross-Up Amount shall be paid
          reasonably in advance of such time as the income or other tax is due to be paid
          by or on behalf of the Executive to the Internal Revenue Service. 

             (f)           
          Stock Option, Savings and Retirement Plans. Additionally, the Executive
          shall be entitled to participate in all qualified and nonqualified pension,
          savings and retirement plans, practices, policies and programs (if any)
          generally applicable to other senior executives of the Company on terms and
          conditions generally applicable to such executives from time to time and as the
          same may be amended from time to time for such senior executives. In accordance
          with the terms and conditions of a stock incentive plan that will be adopted by
          the Company, the Executive shall, after such plan has been adopted, be granted
          options to purchase 2,632,500 shares of the common stock of the Company, at an
          exercise price equal to the fair market value of the common stock of the Company
          as of the date of such grant, of which options to purchase 292,500 shares of the
          common stock of the Company shall be immediately exercisable upon such grant and
          the remainder of which shall vest no less rapidly than quarterly over the four
          (4)-year period following such grant. Upon changes in the Company’s
          outstanding common stock by reason of a stock dividend, stock split, reverse
          stock split, subdivision, recapitalization, merger, consolidation, combination
          or exchange of shares, separation or reorganization, the 

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number,
class and kind of shares and exercise price subject to such option shall be correspondingly adjusted in accordance with the stock
incentive plan. In the event of termination of employment by the Executive for Good Reason
(as defined in Section 5(c)), or in the event of a Change of Control (as defined in
Section 5(d)), all stock option, restricted stock and other stock-based awards held by the
Executive or any permitted transferee thereof shall automatically and immediately become
fully vested, all restrictions applicable to restricted stock and other stock-based awards
shall immediately lapse, and all stock options and other awards shall be fully exercisable
and remain exercisable for their full term. 

             (g)           
          Professional Fees and Expenses. The Company shall pay or reimburse the
          Executive for all reasonable attorneys’ and other professionals’ fees
          and expenses the Executive incurs in connection with the preparation and
          amendment of this Agreement and any related agreements, plus a Tax Gross-Up
          Amount such that after payment of all income and other taxes on such payments or
          reimbursements plus the Tax Gross-Up Amount, the Executive has after-tax funds
          remaining in the amount of such fees and expenses. The amount of such
          attorneys’ and other professionals’ fees and expenses paid or
          reimbursed by the Company in connection with the preparation of this Agreement
          and any related agreements shall not exceed $20,000. Reimbursements for such
          fees and expenses shall be made within ten (10) days following presentation to
          the Company of appropriate invoices or other documentation for the amount of
          such fees and expenses and such Tax Gross-Up Amount shall be paid reasonably in
          advance of such time as the income or other tax with respect to such
          reimbursements is due to be paid by or on behalf of the Executive to the
          Internal Revenue Service. 

             4.           
          Employment Term. The term of employment of the Executive hereunder (the
          “Employment Term”) shall begin on or about April 28, 2006, but
          not before the Executive has completed his prior employment, but in no event
          later than May 15, 2006 (the “Commencement Date”), and shall
          continue until terminated in accordance with Section 5, 6 or 7. In the event
          that the Executive has not commenced employment with the Company pursuant to the
          terms and conditions of this Agreement on or prior to May 15, 2006, this
          Agreement shall automatically be of no force and effect and neither party shall
          have any further rights or obligations under this Agreement. 

             5.           
          Termination Without Cause or for Good Reason. 

             (a)           
          Severance. If the Company terminates the Executive’s employment
          without Cause (as defined herein), or the Executive terminates his employment
          with the Company for Good Reason (as defined herein), subject to the provisions
          of this Agreement, the Executive shall be entitled to receive a lump-sum cash
          payment from the Company, no later than seven (7) days following such
          termination, in an amount equal to the Base Salary and minimum annual bonus
          described in Section 2(b) (the “Severance”); provided,
          however, that the Company may elect, in its sole discretion, to make such
          payments ratably over a twelve (12) month period after the date of such
          termination in the event that the Company has a cash balance equal to or greater
          than $5,000,000 on the date of such termination; provided further,
          however, that if such payments are subject to Section 409A of the Code,
          the immediately preceding proviso shall not apply; provided
          further, however, that upon the occurrence of such cash balance
          falling below 

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 $5,000,000  at any time  after the date of such  termination,  then all such
payments shall be
made in a lump-sum no later than seven (7) days after such occurrence. During the twelve
(12)-month period immediately following such termination (the “Continuation
Period”), the Executive shall receive (i) continuation of all employee benefits
and fringe benefits to which the Executive was entitled under Section 3(e) immediately
prior to such termination of employment (including dependent coverage), on terms and
conditions that are at least as favorable as those that would have been provided under
Section 3(e) if the Executive’s employment had continued for the Continuation Period,
disregarding any reduction giving rise to termination for Good Reason or after the date of
termination of the Executive’s employment that is not applicable to Company officers
generally (such employee benefits and fringe benefits are collectively referred to herein
as the “Continued Benefits”); and (ii) at the Company’s expense,
reasonable executive outplacement services selected by the Executive (the
“Outplacement”) and administrative support at least comparable to the
administrative support furnished by the Company to the Executive immediately prior to
termination of employment. The Executive shall also receive payment of unpaid Base Salary
through the date of such termination; accrued but unused vacation days; any unpaid or
minimum bonuses earned through the date of termination; any compensation previously
deferred by the Executive, including any deferred compensation (plus any accrued interest
and earnings thereon), to the extent consistent with any applicable plan; reimbursement
for any unreimbursed fees or expenses under Sections 3(c) and 3(g) incurred through the
date of termination; and all other payments, benefits and rights under any benefit,
compensation, incentive, equity or fringe benefit plan, program or arrangement or grant,
to the extent consistent with any applicable plan (such payments, rights and benefits
referred to in this sentence are collectively referred to hereinafter as
“Rights”), payable no later than seven (7) days following such
termination or as soon as practicable under the terms and conditions of the applicable
plan, program or arrangement that are applicable to other senior executive participants. 

             (b)           
          Payment of Compensation and Benefits. Notwithstanding Section 5(a) or
          Section 7(b), in the event the Company is unable to provide the Outplacement
          and/or Continued Benefits under the terms of the applicable plan, practice,
          program or policy, applicable law or without subjecting the Executive to the
          additional tax pursuant to Section 409A(a)(1)(B) of the Code, the Company shall
          pay the Executive, within ten (10) days following the date of termination of his
          employment, an amount in cash such that following the Executive’s payment
          of applicable taxes thereon, the Executive retains an amount equal to the cost
          to the Executive of obtaining the Outplacement or comparable employee benefits
          or fringe benefits, as the case may be. Notwithstanding anything in this
          Agreement to the contrary: 

          		        (i)           
               If payment or provision of any amount or other benefit at the time otherwise
               specified in this Agreement or elsewhere would subject such amount or benefit to
               additional tax pursuant to Section 409A(a)(1)(B) of the Code, and if payment or
               provision thereof at a later date would avoid any such additional tax, then such
               payment or benefit shall be postponed to the earliest date on which such amount
               or benefit can be paid or provided without incurring any such additional tax, at
               which time it shall be paid or provided with interest for the period of delay,
               if such delay is for a period of one (1) year or more, compounded annually (with
               interpolation for partial years), at the prime 

               

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lending rate as published in The Wall Street Journal and in effect as of the date the
payment or benefit would otherwise have been paid or provided.

          		        (ii)           
               If any payment or benefit permitted or required under this Agreement or
               otherwise is reasonably determined by either party hereto to be subject for any
               reason to a material risk of additional tax pursuant to Section 409A(a)(1)(B) of
               the Code, then the parties shall promptly agree in good faith on appropriate
               provisions to avoid such risk without materially changing the economic value of
               such payment or benefit and this Agreement to either party. 

               

             (c)           
          Definition of Good Reason. For purposes of this Agreement, “Good
          Reason” shall mean the occurrence of any of the following events,
          without the written consent of the Executive: 

          		        (i)           
               the Company changes the titles and/or positions of the Executive such that the
               Executive is no longer the Executive Vice President, Chief Financial Officer and
               Chief Operating Officer of the Company or no longer reports directly to the
               senior most operating officer of the Company; 

               

          		        (ii)           
               a reduction in or failure to increase the Base Salary in accordance with Section
               3(a), or the failure to pay when due Base Salary, annual bonus or any other
               amounts due under this Agreement. Notwithstanding the foregoing, prior to the
               Executive having the right to terminate this Agreement under this clause (ii),
               the Executive shall first provide the Company with written notice specifying
               such reduction, failure to increase or failure to pay in reasonable detail and
               if such reduction, failure to increase or failure to pay is susceptible to
               remedy, the Company shall then have a 5 day period to remedy such reduction,
               failure to increase or failure to pay alleged by the Executive to be prohibited
               by this clause (ii) and if such reduction, failure to increase or failure to pay
               is remedied within such period, the Executive shall have no right to terminate
               this Agreement based on such reduction, failure to increase or failure to pay,
               as the case may be; 

               

          		        (iii)           
               a material reduction in the kind or level of employee benefits, fringe benefits
               or perquisites to which the Executive is from time to time entitled, or a
               failure to pay or provide such benefits, fringe benefits or perquisites when
               due. Notwithstanding the foregoing, prior to the Executive having the right to
               terminate this Agreement under this clause (iii), the Executive shall first
               provide the Company with written notice specifying such material reduction or
               failure in reasonable detail and if such material reduction or failure is
               susceptible to remedy, the Company shall then have a 30 day period to remedy
               such material reduction or failure alleged by the Executive to be prohibited by
               this clause (iii), and if such material reduction or failure is remedied within
               such period, the Executive shall have no right to terminate this Agreement based
               on such material reduction or failure, as the case may be; 

               

          		        (iv)           
               a material diminution or material adverse change in the Executive’s titles,
               authorities, duties, responsibilities or reporting relationships, or assignment
               to the Executive of duties and authorities that are not commensurate with his
               position. Notwithstanding the foregoing, prior to the Executive having the right
               to terminate this 

               

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Agreement under this clause (iv), the Executive shall first provide the Company with written notice
specifying such material diminution, material adverse change or other action in reasonable
detail and if such material diminution, material adverse change or other action is
susceptible to remedy, the Company shall then have a 30 day period to remedy such material
diminution, material adverse change or other action alleged by the Executive to be
prohibited by this clause (iv), and if such material diminution, material adverse change
or other action is remedied within such period, the Executive shall have no right to
terminate this Agreement based on such material diminution, material adverse change or
other action, as the case may be; 

          		        (v)           
               a failure by the Company to procure, and deliver to the Executive satisfactory
               evidence of, the assumption of this Agreement by any successor or subsidiary as
               required by Section 16. Notwithstanding the foregoing, if the Executive has
               actual knowledge of circumstances that are anticipated to, or do or would, give
               rise to the Company’s obligations under Section 16, then prior to the
               Executive having the right to terminate this Agreement under this clause (v),
               the Executive shall first provide the Company with written notice specifying
               such failure in reasonable detail and if such failure is susceptible to remedy,
               the Company shall then have a 5 day period to remedy such failure alleged by the
               Executive, and if such failure is remedied within such period, the Executive
               shall have no right to terminate this Agreement based on such failure; 

               

          		        (vi)           
               any purported termination of the Executive’s employment that is not
               effected pursuant to a Notice of Termination, within the meaning of Section
               7(a), and otherwise in accordance with this Agreement, which, for purposes of
               this Agreement, shall be ineffective. Notwithstanding the foregoing, prior to
               the Executive having the right to terminate this Agreement under this clause
               (vi), the Executive shall first provide the Company with written notice
               specifying such breach in reasonable detail and if such breach is susceptible to
               cure, the Company shall then have a 5 day period to cure such breach alleged by
               the Executive, and if such breach is cured within such period, the Executive
               shall have no right to terminate this Agreement based on such breach; 

               

          		        (vii)           
               a material breach by the Company of this Agreement. Notwithstanding the
               foregoing, prior to the Executive having the right to terminate this Agreement
               under this clause (vii), the Executive shall first provide the Company with
               written notice specifying such material breach in reasonable detail and, if such
               material breach is susceptible to cure, the Company shall then have a 30 day
               period to cure such material breach and if so cured, the Executive shall have no
               right to terminate this Agreement based on such material breach; or 

               

          		        (viii)           
               the relocation of the Executive’s principal place of business outside of
               Fairfield County, Connecticut, or the borough of Manhattan, or anywhere other
               than the Company’s headquarters and principal executive offices. 

               

             (d)           
          Definition of Change of Control. For purposes of this Agreement,
          “Change of Control” means: (i) any “person”
          (including any group of persons), as such term is used in Sections 13(d) and
          14(d) of the Securities Exchange Act of 1934, as amended (the “Exchange
          Act”) (other than any trustee or other fiduciary holding securities
          under an employee benefit plan of the Company), is or becomes the
          “beneficial owner” (as defined in Rule 13d-3 under the 

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Exchange Act),
directly or indirectly, after the date hereof, of securities of the Company representing
more than fifty percent (50%) of the combined voting power of the Company’s then
outstanding securities; (ii) individuals who at the Commencement Date constitute the
Board, and any new director (other than a director (x) designated by a person who has
entered into an agreement with the Company to effect a transaction described in clause
(i), (iii) or (iv) of this subparagraph, or (y) whose initial assumption of office occurs
as a result of an actual or threatened election contest with respect to the election or
removal of directors or other actual or threatened solicitation of proxies or consents by
or on behalf of a “person” (as hereinabove defined) other than the Board) whose
election by the Board or nomination for election by the Company’s shareholders was
approved by a vote of at least two-thirds of the directors then still in office who either
were directors at the beginning of the period or whose election or nomination for election
was previously so approved, cease for any reason to constitute at least a majority
thereof; (iii) the shareholders of the Company approve a merger, reorganization or
consolidation of the Company, other than a merger, reorganization or consolidation which
would result in (A) the beneficial owners (as hereinabove defined) of the voting
securities of the Company outstanding immediately prior thereto continuing to beneficially
own voting securities that represent (either by remaining outstanding or by being
converted into voting securities of the surviving entity) more than 50% of the combined
voting power of the voting securities of the Company or such surviving entity outstanding
immediately after such merger, reorganization or consolidation, and (B) no
“person” (as hereinabove defined) acquiring more than fifty percent (50%) of the
combined voting power of the Company’s then outstanding securities; (iv) the
shareholders of the Company approve an agreement for the sale or disposition by the
Company of all or substantially all of the Company’s assets or business to an
unaffiliated third party; or (v) the shareholders of the Company approve a liquidation or
dissolution of the Company. 

             6.           
          Death and Disability. The Company may terminate the Executive’s
          employment if the Executive becomes Disabled during the Employment Term. The
          Employment Term shall automatically terminate upon the Executive’s death.
          Upon termination of the Executive’s employment due to death or Disability,
          the Executive, or upon the Executive’s death, his estate, survivors or
          beneficiaries, shall receive: (i) the Base Salary and Continued Benefits for the
          Continuation Period; (ii) all Rights; (iii) if the Executive had not yet
          received the minimum bonus described in Section 2(b) for the fiscal year in
          which death or Disability occurs, such minimum bonus, and (iv) if the Executive
          had not yet received the bonus in excess of the minimum bonus described in
          Section 2(b) for the fiscal year in which death or Disability occurs, a
          pro-rata portion of the annual bonus amount described in Section 2(b) for
          the fiscal year in which such termination occurs, based on the number of days
          worked by the Executive during such fiscal year, to be paid within thirty (30)
          days of such termination. For purposes of this Agreement,
          “Disability” means that (A) the Executive has been unable,
          after reasonable accommodation by the Company, for a period of one hundred
          eighty (180) consecutive days, or for periods aggregating one hundred eighty
          (180) days in any period of twelve (12) consecutive months, to perform a
          material portion of the Executive’s duties under this Agreement as a result
          of physical or mental illness or injury, and (B) a physician selected in
          accordance with this Section 6 has determined that the Executive’s
          incapacity is total and permanent. Such physician shall be agreed to in good
          faith by the Company and the Executive or the Executive’s legal
          representative. If the Company and the Executive (or his legal representative)
          shall be unable to 

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agree on such physician,  the Company and the Executive (or his legal representative) shall each select a
physician and the two physicians shall select a third physician who shall be the physician
selected by the Company and the Executive (or his legal representative) for this purpose. 

             7.           
          Other Termination. 

             (a)           
          Notice of Termination. Any termination of the Executive’s employment
          hereunder by the Company shall be communicated by Notice of Termination to the
          Executive in accordance with this Section 7(a). For purposes of this Agreement,
          a “Notice of Termination” means a written notice from the
          Company that states the specific termination provision of this Agreement relied
          upon, sets forth in reasonable detail the facts and circumstances claimed to
          provide the basis for such termination of the Executive’s employment under
          the provision so indicated, and specifies the date of termination of the
          Executive’s employment, which shall be not less than thirty (30) days from
          the date such Notice of Termination is received by the Executive, subject to
          Section 7(c). In the event of a termination by the Company of the Executive
          without Cause, the Notice of Termination shall so state and shall not be
          required to provide any facts or circumstances claimed to provide the basis for
          such termination. 

             (b)           
          Termination for Cause or without Good Reason. If (i) the Company
          terminates the Executive’s employment for Cause or (ii) the Executive
          terminates his employment without Good Reason, the Executive shall be entitled
          to all Rights, to be paid within seven (7) days following such termination or as
          soon as practicable under the terms and conditions of the applicable plan,
          program or arrangement that are applicable to other senior executive
          participants. For termination of the Executive’s employment for Good Reason
          to be effective, notice of termination must be received by the Company no more
          than one hundred eighty (180) days after the Executive learns of the acts or
          omissions purporting to constitute Good Reason which notice shall state the
          specific provision of this Agreement relied upon and set forth in reasonable
          detail the facts and circumstances claimed to provide the basis for such
          termination for Good Reason. 

             (c)           
          Definition of Cause. For purposes of this Agreement,
          “Cause” shall mean the Executive: (i) has been convicted of, or
          pled guilty or nolo contendere to, a felony; (ii) has been convicted of,
          or pled guilty or nolo contendere to, a crime involving fraud,
          embezzlement of material property of the Company, bribery, kickbacks or a
          banking or securities law violation; or (iii) has willfully engaged in
          misconduct with regard to the Company that has resulted in material damage to
          the business or reputation of the Company. For purposes of this Agreement, no
          act or failure to act by the Executive shall be considered “willful”
          unless it is done, or omitted to be done, in bad faith and without a reasonable
          belief that the Executive’s action or omission was in the best interests of
          the Company. Any act or failure to act based upon authority given pursuant to a
          resolution of the Board or upon the instructions of the Chairman or the written
          instructions of the Board or based upon the written advice of counsel for the
          Company shall be conclusively presumed to be done, or omitted to be done, by
          Executive in good faith and in the best interests of the Company. For
          termination of the Executive’s employment for Cause to be effective, the
          Board must give the Executive at least thirty (30) calendar days’ advance
          written notice of its intent to terminate his employment for “Cause”
          specifying in reasonable detail the 

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conduct of the  Executive the Board  believes constitutes Cause;
such notice must be received by the Executive no more than one hundred eighty (180)
calendar days after the Board learns of such conduct; and the termination for Cause must
be pursuant to a resolution of the Board (1) adopted at a meeting of the Board called and
held for such purpose (after reasonable notice is provided to the Executive, and the
Executive is given an opportunity, together with his counsel, to be heard by the Board) by
the affirmative vote of a majority of the entire membership of the Board, (2) specifying
the specific grounds on which the termination for Cause is based, which grounds must have
been set forth in the original Cause notice, and (3) finding that in the opinion of the
Board such grounds constitute Cause as described in Section 7(c)(i), (ii) or (iii). 

             8.           
          Indemnification. 

             (a)           
          If the Executive is made a party to or threatened to be made a party to any
          action, suit or proceeding, whether civil, criminal, administrative or
          investigative (a “Proceeding”), by reason of the fact that the
          Executive is or was an employee, officer or director of the Company or any
          subsidiary or affiliate of the Company, or is or was serving at the request of
          the Company, or in connection with his service hereunder, as a director,
          officer, member, partner, employee, fiduciary, trustee, consultant,
          representative or agent of another corporation or of a partnership, joint
          venture, trust or other enterprise, including service with respect to employee
          benefit plans, the Executive shall be indemnified and held harmless by the
          Company to the fullest extent permitted by the Company’s certificate of
          incorporation, by-laws, or applicable law, as the case may be, on the same basis
          as all other senior executives, against all Expenses (as defined below) incurred
          or suffered by the Executive in connection therewith, and such indemnification
          shall continue as to the Executive even if the Executive ceases to be an
          officer, director, member, partner, trustee, fiduciary, consultant,
          representative or agent of, or is no longer employed by, the Company, and shall
          inure to the benefit of the Executive’s heirs, executors and
          administrators. The term “Expenses” shall include reasonable
          fees, costs, and expenses, losses, judgments, damages, liabilities, fines,
          penalties, excise taxes, settlements, reasonable attorneys’ fees and
          expenses, reasonable accountants’ and other professionals’ fees and
          expenses, and reasonable disbursements and costs of attachment or similar bonds,
          investigations, and any reasonable expenses of establishing a right to
          indemnification under this Agreement. 

             (b)           
          The Company shall, within seven (7) days of presentation of invoices or other
          appropriate documentation, pay in advance all Expenses incurred in connection
          with any Proceeding relating to the Executive’s services as an officer,
          employee or director of the Company or any other indemnifiable matter;
          provided that if it is determined in accordance with the Company’s
          Certificate of Incorporation, bylaws, and/or applicable law that the Executive
          is not entitled to reimbursement for all or any part of such Expenses, the
          Executive shall reimburse the Company therefor. 

             (c)           
          The Company shall cover the Executive under its directors’ and
          officers’ liability insurance on the same terms and on the same basis as
          all directors and other senior executive officers of the Company as in effect
          from time to time. 

-10- 

             (d)           
          Notwithstanding any other provisions of this Agreement to the contrary, the
          obligations of the Company under this Section 8 shall continue during the
          Employment Term and, after the Executive ceases to be an officer or employee of
          the Company, during any period which the Executive may be liable for acts or
          omissions as an officer or employee of the Company or its subsidiaries or
          affiliates or any other potentially indemnifiable matter (but no less than three
          (3) years after the date of such cessation) on the same basis as all other
          senior executives of the Company. 

             (e)           
          The right to indemnification and the payment of Expenses incurred in defending a
          Proceeding in advance of its final disposition conferred in this Section 8 shall
          not be exclusive of any other right which the Executive may have or hereafter
          may acquire under any statute, provision of the certificate of incorporation or
          by-laws of the Company, agreement, vote of stockholders or disinterested
          directors or otherwise. 

             9.           
          Confidential Information. The Executive shall, from time to time, have
          access to confidential information relating to the business of the Company and
          its subsidiaries. During the Employment Term and for all times thereafter, the
          Executive shall not communicate or divulge any such confidential information
          that he may obtain during his employment by the Company and its subsidiaries to
          any other person, firm or corporation, except to the minimum extent necessary in
          the course of his employment with the Company and its subsidiaries or with the
          prior written consent of the Company or to defend his own rights or as required
          by applicable law or regulation or the order of a court or other governmental
          body having jurisdiction over such matter; provided, however, that
          the Executive shall have no obligation to maintain in confidence any information
          that is or becomes publicly available other than as a result of the
          Executive’s violation of this Section 9 or any information of a type not
          otherwise considered confidential by persons engaged in the business conducted
          by the Company or any of its subsidiaries. 

             10.           
          Non-Competition. During the Employment Term and continuing until the
          first anniversary date after the termination of the Executive’s employment
          hereunder (the “Restricted Period”), the Executive shall not,
          without the prior written consent of the Company, directly or indirectly, render
          services of a business, professional or commercial nature (whether for
          compensation or otherwise) or lend money to any person or entity competitive
          with the business engaged in by the Company or any of its subsidiaries within
          twelve (12) months prior to such termination of employment, or serve as an
          officer, director, employee, partner, member, owner, consultant or independent
          contractor in any entity which is competitive with the business engaged in by
          the Company or any of its subsidiaries within twelve (12) months prior to such
          termination of employment. Notwithstanding the foregoing, nothing shall prevent
          the Executive from (a) owning publicly traded securities issued by any such
          competitive entity, provided that the ownership thereof by the Executive
          does not constitute more than 5% of all of such entity’s publicly traded
          outstanding securities or (b) being employed by or otherwise involved with a
          subsidiary or division, which is not competitive with the business of the
          Company or any of its subsidiaries, of a company that is otherwise competitive
          with the business of the Company or any of its subsidiaries. 

-11- 

             11.           
          Non-Solicitation. During the Restricted Period, the Executive shall not,
          directly or indirectly, for himself or on behalf of any other person or entity,
          employ, engage or retain any person who at any time during the then immediately
          preceding 12 month period shall have been an employee of the Company or any of
          its subsidiaries (other than any such person whose employment was terminated by
          the Company prior to such employment, engagement or retention), or contact any
          supplier, customer or employee of the Company or any of its subsidiaries for the
          purpose of soliciting or diverting any such supplier, customer or employee from
          its business relationship with the Company or any of its subsidiaries or
          otherwise intentionally interfering with the business relationship of the
          Company or any of its subsidiaries with any of the foregoing. 

             12.           
          Non-Disparagement; Release; Other Agreements. 

             (a)           
          At any time during the Employment Term and thereafter, the Company and/or its
          subsidiaries or affiliates (collectively, the “Company
          Parties”), on the one hand, and the Executive, on the other hand, shall
          not make or authorize any person to make or allow any statement or take any
          action, public or private, which would disparage or criticize the other party,
          including, for example, their character and/or services; provided,
          however, that nothing contained in this Section 12(a) shall preclude any
          Company Party or the Executive from making any truthful statement in good faith
          which is required by any applicable law or regulation or the order of a court or
          other governmental body. 

             (b)           
          If the Company shall have failed to duly and punctually pay and provide any and
          all payments and benefits to which the Executive is entitled from the Company,
          including any severance payments and benefits under Section 5, for five (5) days
          after the Executive provides the Company with written notice of such failure,
          the Executive shall not be required to comply with the agreements and covenants
          set forth in Sections 10, 11 and 12(a). 

             (c)           
          As a condition to the receipt by the Executive of the Severance, the Executive
          and the Company shall execute and deliver a mutual release of claims
          substantially in the form attached hereto as Exhibit B. The
          Executive’s receipt of: (i) 33?% of the Severance shall be in consideration
          of the Executive’s agreements set forth in paragraph 4(a) of such mutual
          release; (ii) an additional 33?% of the Severance shall be in consideration for
          the Executive’s agreements set forth in paragraph 4(b) of such mutual
          release and (c) an additional 33?% of the Severance shall be in consideration of
          the Executive’s agreements set forth in paragraph 4(c) of such mutual
          release. 

             13.           
          Certain Additional Payments by the Company. 

             (a)           
          Anything in this Agreement to the contrary notwithstanding, in the event it
          shall be determined that any Payment (as defined in Section 13(e)) would be
          subject to the Excise Tax (as defined in Section 13(e)), then the Executive
          shall be entitled to receive an additional payment (a “Gross-Up
          Payment”) in an amount such that after payment by the Executive of all
          taxes (and any interest or penalties imposed with respect to such taxes),
          including any income taxes (and any interest and penalties imposed with respect
          thereto) and Excise Tax imposed upon 

-12- 

the Gross-Up Payment,
the Executive retains an amount of the Gross-Up Payment equal to the Excise Tax imposed
upon the Payments. 

             (b)           
          Subject to the provisions of Section 13(c), all determinations required to be
          made under this Section 13, including whether and when a Gross-Up Payment is
          required and the amount of such Gross-Up Payment and the assumptions to be
          utilized in arriving at such determination, shall be made by such nationally
          recognized certified public accounting firm as shall be designated by the
          Executive and reasonably acceptable to the Company (the “Accounting
          Firm”). The Accounting Firm shall provide detailed supporting
          calculations both to the Company and the Executive within fifteen (15) business
          days of the receipt of notice from the Executive that there has been a Payment,
          or such earlier time as is requested by the Company. In the event that the
          Accounting Firm is serving as accountant or auditor for any individual, entity
          or group involved in a Change of Control or other transaction involving the
          Company, the Executive may appoint another nationally recognized accounting firm
          to make the determinations required hereunder (which accounting firm shall then
          be referred to as the Accounting Firm hereunder). All fees and expenses of the
          Accounting Firm shall be borne solely by the Company. Any Gross-Up Payment, as
          determined pursuant to this Section 13, shall be paid by the Company to or for
          the benefit of the Executive within five (5) days of the receipt of the
          Accounting Firm’s determination. Any determination by the Accounting Firm
          shall be binding upon the Company and the Executive. As a result of the
          uncertainty in the application of Section 4999 of the Code, at the time of the
          initial determination by the Accounting Firm hereunder, it is possible that
          Gross-Up Payments which will not have been made by the Company should have been
          made (“Underpayment”), consistent with the calculations
          required to be made hereunder. In the event that the Company exhausts its
          remedies pursuant to Section 13(c), and the Executive thereafter is required to
          make a payment of any Excise Tax, the Accounting Firm shall determine the amount
          of the Underpayment that has occurred and any such Underpayment shall be
          promptly paid by the Company to or for the benefit of the Executive. 

             (c)           
          The Executive shall notify the Company in writing of any claim by the Internal
          Revenue Service that, if successful, would require the payment by the Company of
          the Gross-Up Payment. Such notification shall be given as soon as practicable
          but no later than ten (10) business days after the Executive is informed in
          writing of such claim. The Executive shall apprise the Company of the nature of
          such claim and the date on which such claim is requested to be paid. The
          Executive shall not pay such claim prior to the expiration of the thirty
          (30)-day period following the date on which the Executive gives such notice to
          the Company (or such shorter period ending on the date that any payment of taxes
          with respect to such claim is due). If the Company notifies the Executive in
          writing prior to the expiration of such period that the Company desires to
          contest such claim, the Executive shall: 

             (i)           
          give the Company any information reasonably requested by the Company relating to
          such claim, 

          		        (ii)           
               take such action in connection with contesting such claim as the Company shall
               reasonably request in writing from time to time, including accepting legal
               representation with respect to such claim by an attorney reasonably selected by
               the Company, 

               

-13- 

             (iii)           
          cooperate with the Company in good faith in order effectively to contest such
          claim, and 

             (iv)           
          permit the Company to participate in any proceedings relating to such claim; 

provided,
however, that the Company shall bear and pay directly all costs and expenses
(including additional interest and penalties) incurred in connection with such contest and
shall indemnify and hold the Executive harmless, on an after-tax basis, for any Excise Tax
or income tax (including interest and penalties) imposed as a result of such
representation and payment of costs and expenses. Without limitation on the foregoing
provisions of this Section 13(c), the Company shall control all proceedings taken in
connection with such contest and, at its sole discretion, may pursue or forgo any and all
administrative appeals, proceedings, hearings and conferences with the applicable taxing
authority in respect of such claim and may, at its sole discretion, either direct the
Executive to pay the tax claimed and sue for a refund or contest the claim in any
permissible manner, and the Executive agrees to prosecute such contest to a determination
before any administrative tribunal, in a court of initial jurisdiction and in one or more
appellate courts, as the Company shall determine; provided, however, that if
the Company directs the Executive to pay such claim and sue for a refund, the Company
shall pay the amount of such claim to the Executive, on an interest-free basis and shall
indemnify and hold the Executive harmless, on an after-tax basis, from any Excise Tax or
income tax (including interest or penalties) imposed with respect to such payment or with
respect to any imputed income in connection with such payment; and provided
further that any extension of the statute of limitations relating to payment of
taxes for the taxable year of the Executive with respect to which such contested amount is
claimed to be due is limited solely to such contested amount. Furthermore, the
Company’s control of the contest shall be limited to issues with respect to which the
Gross-Up Payment would be payable hereunder, and the Executive shall be entitled to settle
or contest, as the case may be, any other issue raised by the Internal Revenue Service or
any other taxing authority. 

             (d)           
          If, after the receipt by the Executive of an amount from the Company pursuant to
          the next to last sentence of Section 13(c), the Executive becomes entitled to
          receive any refund with respect to such claim, the Executive shall (subject to
          the Company’s complying with the requirements of Section 13(c)) promptly
          pay to the Company the amount of such refund (together with any interest paid or
          credited thereon after taxes applicable thereto). If, after the receipt by the
          Executive of a payment from the Company pursuant to the next to last sentence of
          Section 13(c), a determination is made that the Executive shall not be entitled
          to any refund with respect to such claim and the Company does not notify the
          Executive in writing of its intent to contest such denial of refund prior to the
          expiration of thirty (30) days after such determination, then such payment shall
          not be required to be repaid and the amount of such payment shall offset, to the
          extent thereof, the amount of Gross-Up Payment required to be paid. 

             (e)           
          The following terms shall have the following meanings for purposes of this
          Section 13. 

          		        (i)           
               “Excise Tax” shall mean the excise tax imposed by Section 4999
               of the Code, together with any interest or penalties imposed with respect to
               such excise tax. 

               

-14- 

          		        (ii)           
               “Payment” shall mean any payment or distribution in the nature
               of compensation (within the meaning of Section 280G(b)(2) of the Code) to or for
               the benefit of the Executive, whether paid or payable pursuant to this Agreement
               or otherwise. 

               

             14.           
          Notice. All notices and all other communications provided for in this
          Agreement shall be in writing and shall be deemed to have been duly given when
          delivered or mailed certified or registered mail, return receipt requested,
          postage prepaid, and, if to the Executive, addressed to him at 26 Burr School
          Road, Westport, CT 06880, and, if to the Company, addressed to it at 501 Merritt
          7, 5th Floor, Norwalk, CT 06851, Attention: Chairman, or to such
          other address as either party may have furnished to the other in accordance
          herewith, except that notice of change of address shall be effective only upon
          receipt. 

             15.           
          Applicable Law; Venue. This Agreement shall be governed by and construed
          in accordance with the laws of the State of New York, without reference to rules
          relating to conflict of law. Each of the Executive and the Company
          unconditionally and irrevocably consents to the exclusive jurisdiction and venue
          of the Supreme Court of the State of New York, New York County and the United
          States District Court for the Southern District of New York as the sole venue
          for any suit, action or proceeding arising out of or relating to this Agreement,
          and each of the Executive and the Company hereby unconditionally and irrevocably
          waives any objection to venue in any such court or to assert that any such court
          is an inconvenient forum, and agrees that service of any summons, complaint,
          notice or other process relating to such suit, action or other proceeding may be
          effected in the manner provided in Section 14 hereof. Each of the Executive and
          the Company hereby unconditionally and irrevocably waives the right to a trial
          by jury in any such action, suit or other proceeding. 

             16.           
          Successors; Binding Agreement. This Agreement shall be binding upon any
          successor (whether direct or indirect, by purchase, merger, consolidation or
          otherwise) to all or substantially all of the business and/or assets of the
          Company, and the Company shall require any such successor to expressly assume
          and agree in writing to perform this Agreement in the same manner and to the
          same extent that the Company would be required to perform it if no such
          succession had taken place, or, in the event the Company remains in existence,
          the Company shall continue to employ the Executive under the terms hereof. The
          Company cannot assign, or delegate its duties under, this Agreement except (i)
          pursuant to the immediately preceding sentence, or (ii) to a subsidiary of the
          Company, provided that such subsidiary expressly assumes and agrees in
          writing to perform this Agreement and, in such case, the Company’s
          liability to make and provide payments and benefits hereunder shall nevertheless
          not be discharged thereby. As used in this Agreement, the
          “Company” shall mean the Company and any successor to its
          business and/or assets, which assumes or is obligated to perform this Agreement
          by contract, operation of law or otherwise. This Agreement shall inure to the
          benefit of and be enforceable by the Executive and his personal or legal
          representatives, executors, estate, trustee, administrators, successors, heirs,
          distributees, devisees and legatees. The Executive may not assign this Agreement
          or any rights hereunder, or delegate his duties under this Agreement, without
          the prior written consent of the Company; however, in the event of the
          death of the Executive, all rights to receive payments hereunder shall become
          rights of the Executive’s devisee, legatee or other designee or the
          Executive’s estate. 

-15- 

             17.           
          No Mitigation; No Set-Off. In the event of any termination of the
          Executive’s employment, he shall be under no obligation to seek other
          employment or take any other action by way of mitigation of the amounts payable,
          or benefits provided, to the Executive under any of the provisions of this
          Agreement. The Company’s obligation to make the payments, and provide the
          benefits, provided for in this Agreement and otherwise to perform its
          obligations hereunder shall not be affected by (a) any set-off, counterclaim,
          recoupment, defense or other claim, right or action that the Company may have
          against the Executive except pursuant to Sections 8 and 26, or (b) any
          remuneration or benefits attributable to any subsequent employment with an
          unrelated person, or any self-employment, that the Executive may obtain. Any
          amounts due under Section 5 are considered reasonable by the Company and are not
          in the nature of a penalty. 

             18.           
          Non-Exclusivity of Rights. Nothing in this Agreement shall prevent or
          limit the Executive’s continuing or future participation in any benefit or
          compensation plan, program, policy or practice provided by the Company and for
          which the Executive may qualify, nor shall anything herein limit or otherwise
          affect such rights as the Executive may have under any other contract or
          agreement entered into after the Commencement Date with the Company. Amounts
          that are vested benefits or that the Executive is otherwise entitled to receive
          under any benefit or compensation plan, policy, practice or program of, or any
          contract or agreement entered into after the date hereof with, the Company at or
          subsequent to the date his employment with the Company terminates shall be
          payable in accordance with such benefit or compensation plan, policy, practice,
          program, contract or agreement, except as explicitly modified by this Agreement.
          Notwithstanding the foregoing, nothing in this Section is intended to give the
          Executive additional rights not set forth in this Agreement. 

             19.           
          Entire Agreement; Modification. This Agreement constitutes the entire
          agreement of the parties hereto with respect to the subject matter hereof and
          supersedes all prior agreements and undertakings, both written and oral. No
          provision of this Agreement may be waived, modified, amended or discharged
          unless such waiver, modification, amendment or discharge is agreed to in writing
          and signed by the Executive and such officer of the Company as may be
          specifically designated by the Company. No waiver by either party to this
          Agreement at any time of any breach by the other party hereto of, or compliance
          with, any condition or provision of this Agreement shall be deemed a waiver of
          similar or dissimilar provisions or conditions at the same or at any prior or
          subsequent time. 

             20.           
          Company’s Representations. The Company represents and warrants that
          it is free to enter into this Agreement and to perform each of the terms and
          covenants of it. The Company represents and warrants that it is not restricted
          or prohibited, contractually or otherwise, from entering into and performing
          this Agreement, and that its execution and performance of this Agreement is not
          a violation or breach of, and does not conflict with, any other agreement
          between the Company and any other person or entity. The Company represents and
          warrants that this Agreement is a legal, valid and binding agreement of the
          Company, enforceable in accordance with its terms. 

             21.           
          Executive’s Representations. The Executive represents and warrants
          that he is free to enter into this Agreement and to perform each of the terms
          and covenants of it. The 

-16- 

Executive represents
and warrants that he is not restricted or prohibited, contractually or otherwise, from
entering into and performing this Agreement, and that his execution and performance of
this Agreement is not a violation or breach of, and does not conflict with, any other
agreement between the Executive and any other person or entity. The Executive represents
and warrants that this Agreement is a legal, valid and binding agreement of the Executive,
enforceable in accordance with its terms. 

             22.           
          Counterparts. This Agreement may be executed in several counterparts,
          each of which shall be deemed to be an original but all of which together will
          constitute one and the same instrument. 

             23.           
          Severability. The Company and the Executive agree that the agreements and
          provisions contained in this Agreement are severable and divisible, that each
          such agreement and provision does not depend upon any other provision or
          agreement for its enforceability, and that each such agreement and provision set
          forth herein constitutes an enforceable obligation between the parties hereto.
          Consequently, the parties hereto agree that neither the invalidity nor the
          unenforceability of any provision of this Agreement shall affect the other
          provisions, and this Agreement shall remain in full force and effect and be
          construed in all respects as if such invalid or unenforceable provision were
          omitted. 

             24.           
          Survival. The Executive’s rights hereunder, including his rights to
          compensation and benefits shall survive the termination of this Agreement and
          the termination of his employment hereunder. In addition, Sections 8 through 23,
          and Sections 25 through 28, as applicable to each of the Executive and the
          Company, shall survive the termination of this Agreement and the termination of
          the Executive’s employment hereunder. 

             25.           
          Headings; Construction. The inclusion of headings in this Agreement is
          for convenience of reference only and shall not affect the construction or
          interpretation hereof. The words “Section” and “clause”
          herein shall refer to provisions of this Agreement, unless expressly indicated
          otherwise. The words “include,” “includes” and
          “including” herein shall be deemed to be followed by “without
          limitation” whether or not they are in fact followed by such words or words
          of similar import, unless the context otherwise requires. 

             26.           
          Disputes. If any contest or dispute shall arise under this Agreement
          involving the Executive’s employment or the termination of the
          Executive’s employment with the Company or involving the failure or refusal
          of the Company to perform fully in accordance with the terms hereof, the Company
          shall continue to pay the Executive’s Base Salary and continue the
          Executive as a participant in all compensation, benefit and insurance plans in
          which the Executive was participating when notice giving rise to such contest or
          dispute was given until resolution thereof, and, within ten (10) days of
          presentation of invoices or other appropriate documentation, pay in advance all
          Expenses incurred by the Executive or his estate or beneficiaries in connection
          with such contest or dispute or in any other effort to establish the
          Executive’s, his estate’s or his beneficiary’s entitlement to any
          compensation and benefits under this Agreement, plus a Tax Gross-Up Amount (to
          be paid reasonably in advance of such time as the income or other tax is due to
          be paid by or on behalf of the Executive to the Internal Revenue 

-17- 

Service); such
that after payment of all income and other taxes on such payments plus the           Tax
Gross-Up Amount, the Executive has after-tax funds remaining in the amount           of
such Expenses; provided that the Executive shall promptly return such
          advanced Expenses and Tax Gross-Up Amount to the Company within ten (10) days
          after it is finally determined by a court that the Executive shall not be
          entitled to retain such advanced Expenses and Tax Gross-Up Amount. Amounts paid
          to the Executive under this Section 26 during the pendency of any such contest
          or dispute are in addition to all other amounts due under this Agreement and
          shall not offset against or reduce any other amounts under this Agreement.  

             27.           
          Interest on Late Payments. In the event that the Company refuses or
          otherwise fails to make a payment when due and it is ultimately decided that the
          Executive is entitled to such payment, such payment shall be increased to
          reflect an interest equivalent for the period of delay, if such delay is for a
          period of one (1) year or more, compounded annually (with interpolation for
          partial years), equal to the prime lending rate as published in The Wall
          Street Journal and in effect as of the date the payment was first due. 

             
28.           
          Specific Performance. The Executive acknowledges that any breach or
          threatened breach of its covenants contained in this Agreement could cause the
          Company material and irreparable damage, the exact amount of which will be
          difficult to ascertain and that the remedies at law for any such breach or
          threatened breach will be inadequate. Accordingly, the Executive agrees that the
          Company shall, in addition to all other available rights and remedies
          (including, but not limited to, seeking such damages), be entitled to specific
          performance and injunctive relief in respect of any breach or threatened breach
          by the Executive of any covenants contained in this Agreement, without being
          required to post bond or other security and without having to prove the
          inadequacy of the available remedies at law or irreparable harm. 

-18- 

                IN
WITNESS WHEREOF, the parties hereto, intending to be legally bound, have hereunto executed
this Agreement as of the day and year first written above. 

	 	TRUEYOU.COM
	

Date: April 21, 2006	

By: /s/ Richard Rakowski        
        
        
        
	 	       Name: Richard Rakowski

       Title: Chairman and CEO
	

Date: April 26, 2006	

/s/ Matthew Burris        
        
        
        

MATTHEW BURRIS

-19- 

Exhibit A 

(Intentionally black as
of the Commencement Date)Exhibit 4.1

                             ACL SEMICONDUCTORS INC.

                        2006 INCENTIVE EQUITY STOCK PLAN

         1.       PURPOSES OF THE PLAN. The purposes of this Plan are to attract
and  retain  the  best   available   personnel  for  positions  of   substantial
responsibility,  to provide  additional  incentive to  Employees,  Directors and
Consultants  and to promote  the  success  of the  Company's  business.  Options
granted  under the Plan may be Incentive  Stock  Options or  Nonstatutory  Stock
Options, as determined by the Administrator at the time of grant. Stock Purchase
Rights, Stock Awards and Stock Bonuses may also be granted under the Plan.

         2.       DEFINITIONS.  As used herein, the following  definitions shall
apply:

                  a.       "AWARD"  means any award  under this Plan,  including
any Option, Stock Award or Stock Bonus.

                  b.       "ADMINISTRATOR"   means  the  Board  or  any  of  its
Committees  as shall be  administering  the Plan in  accordance  with  Section 4
hereof.

                  c.       "APPLICABLE LAWS" means the requirements  relating to
the  administration  of stock option plans under U.S. state corporate laws, U.S.
federal and state  securities  laws,  the Code,  any stock exchange or quotation
system on which the Common Stock is listed or quoted and the applicable  laws of
any other country or  jurisdiction  where Options or Stock  Purchase  Rights are
granted under the Plan.

                  d.       "BOARD" means the Board of Directors of the Company.

                  e.       "CODE"  means the Internal  Revenue Code of 1986,  as
amended.

                  f.       "COMMITTEE" means a committee of Directors  appointed
by the Board in accordance with Section 4 hereof.

                  g.       "COMMON  STOCK"  means the  Common  Stock,  par value
$0.001 per share, of the Company.

                  h.       "COMPANY" means ACL  Semiconductors  Inc., a Delaware
corporation.

                  i.       "CONSULTANT"  means any  person who is engaged by the
Company  or any  Parent or  Subsidiary  to render  consulting  services  to such
entity.

                  j.       "DIRECTOR"  means a member of the Board of  Directors
of the Company.

                  k.       "DISABILITY" means total and permanent  disability as
defined in Section 22(e)(3) of the Code.

                  l.       "EMPLOYEE" means any person,  including  Officers and
Directors, employed by the Company or any Parent or Subsidiary of the Company. A
person shall not

<PAGE>

cease to be an Employee in the case of (i) any leave of absence  approved by the
Company or (ii)  transfers  between  locations  of the  Company  or between  the
Company, its Parent, any Subsidiary, or any successor. For purposes of Incentive
Stock Options,  no such leave may exceed ninety days,  unless  reemployment upon
expiration of such leave is guaranteed by statute or contract.  If  reemployment
upon  expiration  of a  leave  of  absence  approved  by the  Company  is not so
guaranteed,  on the 181st day of such leave any  Incentive  Stock Option held by
the Optionee shall cease to be treated as an Incentive Stock Option and shall be
treated for tax purposes as a Nonstatutory  Stock Option.  Neither  service as a
Director nor payment of a director's  fee by the Company  shall be sufficient to
constitute "employment" by the Company.

                  m.       "EXCHANGE ACT" means the  Securities  Exchange Act of
1934, as amended.

                  n.       "FAIR MARKET VALUE" means,  as of any date, the value
of Common Stock determined as follows:

                           i.       If  the  Common   Stock  is  listed  on  any
established  stock  exchange  or a national  market  system,  including  without
limitation  the Nasdaq  National  Market or The  Nasdaq  Small Cap Market of The
Nasdaq Stock Market,  its Fair Market Value shall be the closing sales price for
such stock (or the  closing  bid, if no sales were  reported)  as quoted on such
exchange  or  system  for the  last  market  trading  day  prior  to the time of
determination,  as reported in THE WALL STREET  JOURNAL or such other  source as
the Administrator deems reliable;

                           ii.      If the Common Stock is regularly quoted by a
recognized  securities  dealer but  selling  prices are not  reported,  its Fair
Market Value shall be the mean between the high bid and low asked prices for the
Common Stock on the last market  trading day prior to the day of  determination;
or

                           iii.     In the absence of an established  market for
the Common  Stock,  the Fair Market Value  thereof  shall be  determined in good
faith by the Administrator.

                  o.       "INCENTIVE  STOCK OPTION" means an Option intended to
qualify as an incentive  stock  option  within the meaning of Section 422 of the
Code.

                  p.       "NONSTATUTORY  STOCK  OPTION"  means  an  Option  not
intended to qualify as an Incentive Stock Option.

                  q.       "OFFICER"  means a person  who is an  officer  of the
Company  within the meaning of Section 16 of the  Exchange Act and the rules and
regulations promulgated thereunder.

                  r.       "OPTION" means a stock option granted pursuant to the
Plan.

                  s.       "OPTION  AGREEMENT"  means a  written  or  electronic
agreement  between  the  Company  and  an  Optionee  evidencing  the  terms  and
conditions of an individual Option grant. The Option Agreement is subject to the
terms and conditions of the Plan.

                  t.       "OPTION  EXCHANGE  PROGRAM"  means a program  whereby
outstanding Options are exchanged for Options with a lower exercise price.

<PAGE>

                  u.       "OPTIONED STOCK" means the Common Stock subject to an
Option or a Stock Purchase Right.

                  v.       "OPTIONEE" means the holder of an outstanding  Option
or Stock Purchase Right granted under the Plan.

                  w.       "PARENT" means a "parent corporation," whether now or
hereafter existing, as defined in Section 424(e) of the Code.

                  x.       "PARTICIPANT"  means a person who  receives  an Award
under this Plan.

                  y.       "PERFORMANCE  STOCK BONUS  AGREEMENT"  means an award
agreement  pursuant to which Stock  Bonuses  are granted for  achieving  certain
performance goals.

                  z.       "PLAN" means this 2006 Incentive Equity Stock Plan.

                  aa.      "PURCHASE   PRICE"  means  the  price  at  which  the
Participant of a Stock Award may purchase the Shares.

                  bb.      "RESTRICTED  STOCK"  means  shares  of  Common  Stock
acquired pursuant to a grant of a Stock Purchase Right under Section 12 below.

                  cc.      "SERVICE  PROVIDER" means an Employee,  Consultant or
other service provider.

                  dd.      "SHARE"  means  a  share  of  the  Common  Stock,  as
adjusted in accordance with Section 18 below.

                  ee.      "STOCK  AWARD"  means an award of Shares  pursuant to
Section 10.

                  ff.      "STOCK  BONUS"  means an award of Shares,  or cash in
lieu of Shares, pursuant to Section 11.

                  gg.      "STOCK  AWARD  AGREEMENT"  means the award  agreement
pursuant to which Stock Awards are granted.

                  hh.      "STOCK  BONUS  AGREEMENT"  means the award  agreement
pursuant to which Stock Bonuses are granted.

                  ii.      "STOCK  PURCHASE  RIGHT"  means a right  to  purchase
Common Stock pursuant to Section 12 below.

                  jj.      "SUBSIDIARY"   means  a   "subsidiary   corporation,"
whether now or hereafter existing, as defined in Section 424(f) of the Code.

         3.       STOCK  SUBJECT  TO THE  PLAN.  Subject  to the  provisions  of
Section  18 of the Plan,  the  maximum  aggregate  number of Shares  that may be
subject to option or otherwise  available for grant and issuance  under the Plan
is 5,000,000  Shares.  The Shares may be authorized but unissued,  or reacquired
Common Stock.

<PAGE>

         If an Award or Stock  Purchase  Right expires or becomes  unexercisable
without having been  exercised in full, or is surrendered  pursuant to an Option
Exchange Program, the unpurchased Shares which were subject thereto shall become
available  for  future  grant  or sale  under  the  Plan  (unless  the  Plan has
terminated). However, Shares that have actually been issued under the Plan, upon
exercise of either an Award or Stock  Purchase  Right,  shall not be returned to
the Plan and shall not become available for future  distribution under the Plan,
except  that if Shares of  Restricted  Stock are  repurchased  by the Company at
their original  purchase  price,  such Shares shall become  available for future
grant under the Plan.

         4.       ADMINISTRATION OF THE PLAN.

                  a.       ADMINISTRATOR.  The Plan shall be administered by the
Board  or  a  Committee  appointed  by  the  Board,  which  Committee  shall  be
constituted to comply with Applicable Laws.

                  b.       POWERS   OF  THE   ADMINISTRATOR.   Subject   to  the
provisions  of the Plan and, in the case of a  Committee,  the  specific  duties
delegated  by the Board to such  Committee,  and subject to the  approval of any
relevant  authorities,  the  Administrator  shall  have  the  authority  in  its
discretion:

                           i.       to determine Fair Market Value;

                           ii.      to  select  the  Service  Providers  to whom
Awards and Stock Purchase Rights may from time to time be granted hereunder;

                           iii.     to  determine  the  number  of  Shares to be
covered by each such award granted hereunder;

                           iv.      to approve  forms of agreement for use under
the Plan;

                           v.       to determine  the terms and  conditions,  of
any Award or Stock Purchase Right granted  hereunder.  Such terms and conditions
include,  but are not limited  to, the  exercise  price,  the time or times when
Awards  or  Stock  Purchase  Rights  may be  exercised  (which  may be  based on
performance  criteria),   any  vesting  acceleration  or  waiver  of  forfeiture
restrictions,  and any  restriction  or limitation  regarding any Award or Stock
Purchase Right or the Common Stock relating thereto,  based in each case on such
factors as the Administrator, in its sole discretion, shall determine;

                           vi.      to   determine   whether   and  under   what
circumstances  an Award may be settled in cash under  subsection 8(e) instead of
Common Stock;

                           vii.     to reduce the exercise price of any Award to
the then  current Fair Market Value if the Fair Market Value of the Common Stock
covered by such Award has declined since the date the Award was granted;

                           viii.    to initiate an Option Exchange Program;

<PAGE>

                           ix.      to  prescribe,  amend and rescind  rules and
regulations  relating to the Plan,  including rules and regulations  relating to
sub-plans  established for the purpose of qualifying for preferred tax treatment
under foreign tax laws;

                           x.       to allow Participants to satisfy withholding
tax  obligations by electing to have the Company  withhold from the Shares to be
issued upon exercise of an Award or Stock  Purchase  Right that number of Shares
having a Fair Market Value equal to the amount required to be withheld. The Fair
Market Value of the Shares to be withheld  shall be  determined on the date that
the  amount  of  tax  to be  withheld  is to be  determined.  All  elections  by
Participants to have Shares withheld for this purpose shall be made in such form
and under such conditions as the  Administrator may deem necessary or advisable;
and

                           xi.      to construe and  interpret  the terms of the
Plan and awards granted pursuant to the Plan.

                  c.       EFFECT OF  ADMINISTRATOR'S  DECISION.  All decisions,
determinations  and  interpretations  of the  Administrator  shall be final  and
binding on all Participants.

         5.       ELIGIBILITY.

                  a.       Nonstatutory  Stock Options and Stock Purchase Rights
may be granted to Service Providers. Incentive Stock Options may be granted only
to Employees.

                  b.       Each  Award  shall  be   designated   in  the  Option
Agreement as either an Incentive  Stock Option or a  Nonstatutory  Stock Option.
However, notwithstanding such designation, to the extent that the aggregate Fair
Market Value of the Shares with  respect to which  Incentive  Stock  Options are
exercisable  for the first time by the Optionee  during any calendar year (under
all plans of the Company and any Parent or Subsidiary)  exceeds  $100,000,  such
Awards  shall be treated as  Nonstatutory  Stock  Options.  For purposes of this
Section 5(b),  Incentive  Stock Options shall be taken into account in the order
in which  they  were  granted.  The Fair  Market  Value of the  Shares  shall be
determined as of the time the Award with respect to such Shares is granted.

                  c.       Neither  the  Plan nor any  Award  or Stock  Purchase
Right shall  confer upon any Optionee or  Participant  any right with respect to
continuing  the  Participant's  relationship  as a  Service  Provider  with  the
Company,  nor  shall  it  interfere  in any way  with  his or her  right  or the
Company's  right to terminate  such  relationship  at any time,  with or without
cause.

         6.       TERM OF  PLAN.  The  Plan  shall  become  effective  upon  its
adoption by the Board.  It shall continue in effect for a term of ten (10) years
unless sooner terminated under Section 20 of the Plan.

         7.       OPTION EXERCISE PRICE AND CONSIDERATION.

                  a.       The per share  exercise  price  for the  Shares to be
issued upon  exercise of an Option shall be such price as is  determined  by the
Administrator, but shall be subject to the following:

                           i.       In the case of an Incentive Stock Option

<PAGE>

                                    A.       granted to an Employee  who, at the
time of grant of such  Option,  owns stock  representing  more than ten  percent
(10%) of the voting  power of all  classes of stock of the Company or any Parent
or Subsidiary,  the exercise price shall be no less than 110% of the Fair Market
Value per Share on the date of grant.

                                    B.       granted to any other Employee,  the
per Share exercise price shall be no less than 100% of the Fair Market Value per
Share on the date of grant.

                           ii.      In the case of a Nonstatutory Stock Option

                                    A.       granted to a Service  Provider who,
at the time of grant of such  Option,  owns  stock  representing  more  than ten
percent  (10%) of the voting power of all classes of stock of the Company or any
Parent or Subsidiary,  the exercise price shall be no less than 110% of the Fair
Market Value per Share on the date of grant.

                                    B.       granted   to  any   other   Service
Provider,  the per Share  exercise  price shall be no less than 100% of the Fair
Market Value per Share on the date of grant.

                           iii.     Notwithstanding  the foregoing,  Options may
be granted with a per Share exercise price other than as required above pursuant
to a merger or other corporate transaction.

                  b.       The  consideration  to be paid for the  Shares  to be
issued upon  exercise of an Option,  including  the method of payment,  shall be
determined by the Administrator  (and, in the case of an Incentive Stock Option,
shall be determined at the time of grant). Such consideration may consist of (1)
cash, (2) check,  (3) promissory note, (4) other Shares which (x) in the case of
Shares acquired upon exercise of an Option,  have been owned by the Optionee for
more than six months on the date of surrender,  and (y) have a Fair Market Value
on the date of surrender equal to the aggregate  exercise price of the Shares as
to which such  Option  shall be  exercised,  (5)  consideration  received by the
Company  under  a  cashless  exercise  program  implemented  by the  Company  in
connection  with the Plan, or (6) any  combination  of the foregoing  methods of
payment.  In making its determination as to the type of consideration to accept,
the  Administrator  shall  consider if acceptance of such  consideration  may be
reasonably expected to benefit the Company.

         8.       EXERCISE OF OPTION.

                  a.       PROCEDURE FOR EXERCISE; RIGHTS AS A SHAREHOLDER.  Any
Option granted  hereunder shall be exercisable  according to the terms hereof at
such times and under such conditions as determined by the  Administrator and set
forth  in the  Option  Agreement.  Except  in the  case of  Options  granted  to
Officers,  Directors  and  Consultants  or as  otherwise  provided in the Option
Agreement,  Options shall become  exercisable  at a rate of no less than 20% per
year over five (5) years  from the date the  Options  are  granted.  Unless  the
Administrator  provides  otherwise,  vesting of  Options  granted  hereunder  to
Officers and Directors  shall be tolled  during any unpaid leave of absence.  An
Option may not be exercised for a fraction of a Share.

                  An Option shall be deemed exercised when the Company receives:
(i) written or  electronic  notice of exercise  (in  accordance  with the Option
Agreement)  from the person  entitled  to  exercise  the  Option,  and (ii) full
payment  for the Shares  with  respect to which the  Option is

<PAGE>

exercised.  Full payment may consist of any  consideration and method of payment
authorized by the  Administrator  and permitted by the Option  Agreement and the
Plan.  Shares  issued upon  exercise of an Option shall be issued in the name of
the Optionee or, if requested by the  Optionee,  in the name of the Optionee and
his or her spouse.  Until the Shares are issued (as evidenced by the appropriate
entry on the books of the Company or of a duly authorized  transfer agent of the
Company),  no  right to vote or  receive  dividends  or any  other  rights  as a
shareholder shall exist with respect to the Shares, notwithstanding the exercise
of the  Option.  The  Company  shall  issue (or cause to be issued)  such Shares
promptly  after  the  Option  is  exercised.  No  adjustment  will be made for a
dividend  or other  right  for which  the  record  date is prior to the date the
Shares are issued, except as provided in Section 18 of the Plan.

                  Exercise of an Option in any manner shall result in a decrease
in the number of Shares thereafter available,  both for purposes of the Plan and
for sale  under the  Option,  by the  number of Shares as to which the Option is
exercised.

                  b.       TERMINATION OF RELATIONSHIP AS A SERVICE PROVIDER. If
an Optionee ceases to be a Service  Provider (other than by reason of Disability
or Death),  such  Optionee may exercise his or her Option  within such period of
time as is specified in the Option  Agreement  (of at least thirty (30) days) to
the extent that the Option is vested on the date of termination (but in no event
later than the  expiration  of the term of the Option as set forth in the Option
Agreement).  In the absence of a  specified  time in the Option  Agreement,  the
Option shall remain  exercisable  for three (3) months  following the Optionee's
termination.  If, on the date of  termination,  the Optionee is not vested as to
his or her entire  Option,  the Shares  covered by the  unvested  portion of the
Option shall revert to the Plan.  If, after  termination,  the Optionee does not
exercise his or her Option within the time specified by the  Administrator,  the
Option shall  terminate,  and the Shares  covered by such Option shall revert to
the Plan.

                  c.       DISABILITY OF OPTIONEE. If an Optionee ceases to be a
Service  Provider as a result of the  Optionee's  Disability,  the  Optionee may
exercise  his or her Option  within such period of time as is  specified  in the
Option Agreement (of at least six (6) months) to the extent the Option is vested
on the date of  termination  (but in no event later than the  expiration  of the
term of such Option as set forth in the Option  Agreement).  In the absence of a
specified time in the Option Agreement,  the Option shall remain exercisable for
twelve (12) months  following  the  Optionee's  termination.  If, on the date of
termination,  the  Optionee  is not vested as to his or her entire  Option,  the
Shares  covered by the unvested  portion of the Option shall revert to the Plan.
If, after  termination,  the Optionee does not exercise his or her Option within
the time specified herein, the Option shall terminate, and the Shares covered by
such Option shall revert to the Plan.

                  d.       DEATH  OF  OPTIONEE.  If an  Optionee  dies  while  a
Service  Provider,  the Option may be exercised within such period of time as is
specified  in the Option  Agreement  (of at least six (6)  months) to the extent
that the Option is vested on the date of death  (but in no event  later than the
expiration  of the term of such Option as set forth in the Option  Agreement) by
the  Optionee's  estate or by a person who  acquires  the right to exercise  the
Option by bequest or  inheritance.  In the  absence of a  specified  time in the
Option  Agreement,  the Option shall remain  exercisable  for twelve (12) months
following the Optionee's termination.  If, at the time of death, the Optionee is
not vested as to the entire Option,  the Shares covered by the unvested  portion
of the  Option  shall  immediately  revert to the Plan.  If the Option is not so
exercised

<PAGE>

within the time specified  herein,  the Option shall  terminate,  and the Shares
covered by such Option shall revert to the Plan.

                  e.       BUYOUT PROVISIONS.  The Administrator may at any time
offer to buy out for a payment in cash or Shares, an Option previously  granted,
based on such terms and  conditions  as the  Administrator  shall  establish and
communicate to the Optionee at the time that such offer is made.

         9.       TERM OF OPTION. The term of each Option shall be stated in the
Option  Agreement;  provided,  however,  that the term shall be no more than ten
(10) years from the date of grant  thereof.  In the case of an  Incentive  Stock
Option granted to an Optionee who, at the time the Option is granted, owns stock
representing  more than ten percent  (10%) of the voting power of all classes of
stock of the Company or any Parent or  Subsidiary,  the term of the Option shall
be five (5) years from the date of grant or such shorter term as may be provided
in the Option Agreement.

         10.      STOCK AWARD.

                  a.       NATURE OF STOCK  AWARD.  A Stock Award is an offer by
the Company to sell to an eligible  person Shares that may or may not be subject
to restrictions. The Committee will determine to whom an offer will be made, the
number of Shares the person may  purchase,  the price to be paid (the  "Purchase
Price"),  the restrictions to which the Shares will be subject,  if any, and all
other terms and conditions of the Stock Award, subject to the following:

                  b.       FORM OF  STOCK  AWARD.  All  purchases  under a Stock
Award made  pursuant to this Plan will be evidenced by an Award  Agreement  (the
"Stock Award  Agreement")  that will be in such form (which need not be the same
for each Participant) as the Committee will from time to time approve,  and will
comply with and be subject to the terms and  conditions of this Plan.  The offer
of a Stock Award will be accepted by the Participant's execution and delivery of
the Stock Award  Agreement (or similar  agreement) and payment for the Shares to
the Company in accordance with the Stock Award Agreement.

                  c.       PURCHASE  PRICE.  The  Purchase  Price of Shares sold
pursuant to a Stock Award will be  determined  by the  Committee on the date the
Stock Award is granted and may not be less than 100% of the Fair Market Value of
the  Shares on the  grant  date,  except in the case of a sale to a Ten  Percent
Stockholder,  in which case the  Purchase  Price will be 110% of the Fair Market
Value.

                  d.       TERMS OF STOCK AWARDS. Stock Awards may be subject to
such restrictions as the Committee may impose.  These  restrictions may be based
upon  completion  of a specified  number of years of service with the Company or
upon  completion  of  the  performance  goals  as  set  out  in  advance  in the
Participant's  individual  Stock  Award  Agreement.  Stock  Awards may vary from
Participant to  Participant  and between  groups of  Participants.  Prior to the
grant of a Stock  Award  subject  to  restrictions,  the  Committee  shall:  (a)
determine the nature, length and starting date of any Performance Period for the
Stock Award; (b) select from among the Performance Factors to be used to measure
performance  goals,  if any; and (c)  determine the number of Shares that may be
awarded  to the  Participant.  Prior to the  transfer  of any Stock  Award,  the
Committee  shall determine the extent to which such Stock Award has been earned.
Performance Periods may overlap and Participants may participate  simultaneously
with respect

<PAGE>

to Stock  Awards  that are  subject to  different  Performance  Periods and have
different performance goals and other criteria.

                  e.       TERMINATION   DURING   PERFORMANCE   PERIOD.   If   a
Participant is terminated during a Performance Period for any reason,  then such
Participant will be entitled to payment  (whether in Shares,  cash or otherwise)
with  respect to the Stock  Award  only to the  extent  earned as of the date of
Termination in accordance with the Stock Award  Agreement,  unless the Committee
determines otherwise.

         11.      STOCK BONUSES.

                  a.       AWARDS OF STOCK BONUSES. A Stock Bonus is an award of
Shares  for  extraordinary  services  rendered  to the  Company or any Parent or
Subsidiary  of the Company.  A Stock Bonus will be awarded  pursuant to an Award
Agreement  (the "Stock Bonus  Agreement")  that will be in such form (which need
not be the same for each  Participant)  as the Committee  will from time to time
approve, and will comply with and be subject to the terms and conditions of this
Plan. A Stock Bonus may be awarded upon  satisfaction of such performance  goals
as are set out in advance in the  Participant's  individual Award Agreement (the
"Performance  Stock Bonus  Agreement") that will be in such form (which need not
be the  same for each  Participant)  as the  Committee  will  from  time to time
approve, and will comply with and be subject to the terms and conditions of this
Plan.  Stock Bonuses may vary from Participant to Participant and between groups
of Participants, and may be based upon the achievement of the Company, Parent or
Subsidiary and/or individual  performance factors or upon such other criteria as
the Committee may determine.

                  b.       TERMS OF STOCK BONUSES.  The Committee will determine
the  number of Shares to be awarded to the  Participant.  If the Stock  Bonus is
being  earned  upon  the  satisfaction  of  performance   goals  pursuant  to  a
Performance  Stock Bonus  Agreement,  then the Committee will: (a) determine the
nature, length and starting date of any Performance Period for each Stock Bonus;
(b)  select  from  among  the  Performance  Factors  to be used to  measure  the
performance,  if any; and (c) determine the number of Shares that may be awarded
to the Participant. Prior to the payment of any Stock Bonus, the Committee shall
determine the extent to which such Stock  Bonuses have been earned.  Performance
Periods may overlap and Participants may participate simultaneously with respect
to Stock Bonuses that are subject to different Performance Periods and different
performance  goals and other criteria.  The number of Shares may be fixed or may
vary in accordance with such performance goals and criteria as may be determined
by the Committee.  The Committee may adjust the performance  goals applicable to
the Stock  Bonuses to take into  account  changes in law and  accounting  or tax
rules  and  to  make  such  adjustments  as the  Committee  deems  necessary  or
appropriate to reflect the impact of extraordinary  or unusual items,  events or
circumstances to avoid windfalls or hardships.

                  c.       FORM OF PAYMENT.  The earned portion of a Stock Bonus
may be paid to the Participant by the Company either  currently or on a deferred
basis, with such interest or dividend  equivalent,  if any, as the Committee may
determine. Payment of an interest or dividend equivalent (if any) may be made in
the form of cash or whole Shares or a combination thereof,  either in a lump sum
payment or in installments, all as the Committee will determine.

<PAGE>

         12.      STOCK PURCHASE RIGHTS.

                  a.       RIGHTS TO  PURCHASE.  Stock  Purchase  Rights  may be
issued  either  alone,  in addition to, or in tandem with other  awards  granted
under  the  Plan  and/or  cash  awards  made  outside  of the  Plan.  After  the
Administrator  determines  that it will offer Stock  Purchase  Rights  under the
Plan,  it shall  advise the offeree in writing or  electronically  of the terms,
conditions and restrictions related to the offer, including the number of Shares
that such person  shall be entitled to purchase,  the price to be paid,  and the
time  within  which such  person  must  accept  such  offer.  The offer shall be
accepted by  execution  of a  Restricted  Stock  purchase  agreement in the form
determined by the Administrator.

                  b.       REPURCHASE    OPTION.    Unless   the   Administrator
determines  otherwise,  the Restricted Stock purchase  agreement shall grant the
Company a  repurchase  option  exercisable  upon the  voluntary  or  involuntary
termination  of  the  purchaser's  service  with  the  Company  for  any  reason
(including  death or  disability).  The  purchase  price for Shares  repurchased
pursuant to the Restricted Stock purchase  agreement shall be the original price
paid by the purchaser and may be paid by cancellation of any indebtedness of the
purchaser to the Company.  The repurchase option shall lapse at such rate as the
Administrator  may  determine.  Except  with  respect  to  Shares  purchased  by
Officers,  Directors and  Consultants,  the  repurchase  option shall in no case
lapse at a rate of less than 20% per year  over five (5) years  from the date of
purchase.

                  c.       OTHER  PROVISIONS.   The  Restricted  Stock  purchase
agreement  shall  contain  such  other  terms,  provisions  and  conditions  not
inconsistent with the Plan as may be determined by the Administrator in its sole
discretion.

                  d.       RIGHTS  AS A  SHAREHOLDER.  Once the  Stock  Purchase
Right is  exercised,  the purchaser  shall have rights  equivalent to those of a
shareholder and shall be a shareholder  when his or her purchase is entered upon
the records of the duly authorized  transfer agent of the Company. No adjustment
shall be made for a dividend  or other  right for which the record date is prior
to the date the Stock Purchase Right is exercised, except as provided in Section
18 of the Plan.

         13.      PAYMENT  FOR SHARE  PURCHASES.  Payment  for Shares  purchased
pursuant  to this  Plan  may be made in case  (by  check)  or,  where  expressly
approved for the  Participant by the Committee and where permitted by law:

                  a.       by cancellation of indebtedness of the Company to the
Participant;

                  b.       by  surrender  of shares that  either:  (A) have been
owned by the  Participant  for more than six (6)  months  and have been paid for
within the meaning of SEC Rule 144; or (B) were obtained by the  Participant  in
the public market;

                  c.       by  waiver  of  compensation  due or  accrued  to the
participant for services rendered;

                  d.       with respect only to  purchases  upon  exercise of an
Option,  and provided that a public market for the Company's  stock exists:  (A)
through a "same day sale"  commitment  from the  Participant and a broker-dealer
that is a member of the National  Association  of  Securities  Dealers (an "NASD
Dealer") whereby the Participant  irrevocably  elects to exercise the

<PAGE>

Option and to sell a portion of the Shares so  purchased to pay for the Exercise
Price,  and whereby the NASD Dealer  irrevocably  commits  upon  receipt of such
Shares to forward the Exercise Price  directly to the Company;  or (B) through a
"margin"  commitment  from  the  Participant  and  a  NASD  Dealer  whereby  the
Participant  irrevocably  elects to exercise the Option and to pledge the Shares
so purchased to the NASD Dealer in a margin  account as security for a loan from
the NASD Dealer in the amount of the Exercise Price, and whereby the NASD Dealer
irrevocably  commits upon  receipt of such Shares to forward the Exercise  Price
directly the Company; or

                  e.       by any combination of the foregoing.

         14.      WITHHOLDING TAXES.

                  a.       WITHHOLDING  GENERALLY.  Whenever  Shares  are  to be
issued in  satisfaction  of Awards  granted  under this Plan,  the  Company  may
require the participant to remit to the Company an amount  sufficient to satisfy
federal,  state and local withholding tax requirements  prior to the delivery of
any  certificate or  certificates  for such Shares.  Whenever,  under this Plan,
payments in  satisfaction of Awards are to be made in cash, such payment will be
net of an amount sufficient to satisfy federal, state, and local withholding tax
requirements.

                  b.       STOCK WITHHOLDING. When, under applicably tax laws, a
participant  incurs tax liability in connection  with the exercise or vesting of
any Award that is subject to tax withholding and the Participant is obligated to
pay the Company the amount required to be withheld,  the Committee may allow the
participant  to satisfy the minimum  withholding  tax  obligation by electing to
have the  Company  withhold  from the Shares to be issued  that number of Shares
having a Fair Market Value equal to the minimum amount  required to be withheld,
determined  on  the  date  that  the  amount  of  tax  to be  withheld  is to be
determined.  All  elections by a  participant  to have Shares  withheld for this
purpose will be made in  accordance  with the  requirements  established  by the
Committee and will be in writing in a form acceptable to the Committee.

         15.      PRIVILEGES OF STOCK OWNERSHIP.

                  a.       VOTING AND DIVIDENDS. No Participant will have any of
the rights of a  stockholder  with  respect  to any Shares  until the Shares are
issued to the  Participant.  After  Shares  are issued to the  Participant,  the
Participant  will be a stockholder and will have all the rights of a stockholder
with  respect  to such  Shares,  including  the  right to vote and  receive  all
dividends  or other  distributions  made or paid with  respect  to such  Shares;
provided,  that if such  Shares  are  issued  pursuant  to a  Stock  Award  with
restrictions,  than any new, additional or different  securities the Participant
may become  entitled to receive with respect to such Shares by virtue of a stock
dividend,  stock split or any other change in the corporate or capital structure
of the  Company  will be subject to the same  restrictions  as the Stock  Award;
provided,  further, that the Participant will have no right to retain such stock
dividends or stock  distributions with respect to Shares that are repurchased at
the Participant's Purchase Price or Exercise Price pursuant to Section 17.

                  b.       FINANCIAL   STATEMENTS.   The  Company  will  provide
financial statements to each Participant prior to such Participant's purchase of
Shares under this Plan, and to each Participant  annually during the period such
Participant has Awards outstanding;  provided,

<PAGE>

however,  the Company will not be required to provide such financial  statements
to Participants whose services in connection with the Company assure them access
to equivalent information.

         16.      NON-TRANSFERABILITY  OF AWARDS AND STOCK PURCHASE RIGHTS.  The
Awards  and  Stock  Purchase  Rights  may  not  be  sold,   pledged,   assigned,
hypothecated, transferred, or disposed of in any manner other than by will or by
the laws of descent or distribution and may be exercised, during the lifetime of
the Optionee, only by the Optionee.

         17.      REPURCHASE  RIGHTS.  At the discretion of the  Committee,  the
Company may reserve to itself and/or its assignee(s) in the Award  Agreement,  a
right  to  repurchase  a  portion  of or all of the  unvested  Shares  held by a
Participant  following such  Participant's  Termination Date. Such repurchase by
the Company shall be for cash and/or cancellation of purchase mony indebytedness
and the price per share shall be the  Participant's  Exercise  Price or Purchase
Price, as applicable.

         18.      ADJUSTMENTS  UPON CHANGES IN  CAPITALIZATION,  MERGER OR ASSET
SALE.

                  a.       CHANGES IN  CAPITALIZATION.  Subject to any  required
action by the shareholders of the Company,  the number of shares of Common Stock
covered by each  outstanding  Award or Stock Purchase  Right,  and the number of
shares of Common Stock which have been  authorized  for issuance  under the Plan
but as to which no Options or Stock  Purchase  Rights  have yet been  granted or
which have been returned to the Plan upon cancellation or expiration of an Award
or Stock Purchase  Right, as well as the price per share of Common Stock covered
by each such outstanding Award or Stock Purchase Right, shall be proportionately
adjusted for any  increase or decrease in the number of issued  shares of Common
Stock  resulting  from a stock  split,  reverse  stock  split,  stock  dividend,
combination or  reclassification  of the Common Stock,  or any other increase or
decrease in the number of issued shares of Common Stock effected without receipt
of consideration by the Company. The conversion of any convertible securities of
the  Company  shall  not be deemed to have been  "effected  without  receipt  of
consideration."  Such adjustment shall be made by the Board, whose determination
in that  respect  shall be final,  binding and  conclusive.  Except as expressly
provided herein,  no issuance by the Company of shares of stock of any class, or
securities  convertible into shares of stock of any class,  shall affect, and no
adjustment by reason  thereof shall be made with respect to, the number or price
of shares of Common Stock subject to an Award or Stock Purchase Right.

                  b.       DISSOLUTION  OR  LIQUIDATION.  In  the  event  of the
proposed  dissolution  or liquidation of the Company,  the  Administrator  shall
notify each  Participant as soon as  practicable  prior to the effective date of
such proposed  transaction.  The Administrator in its discretion may provide for
an  Participant to have the right to exercise his or her Award or Stock Purchase
Right until fifteen (15) days prior to such transaction as to all of the Awarded
Stock covered thereby,  including Shares as to which the Award or Stock Purchase
Right would not otherwise be exercisable.  In addition,  the  Administrator  may
provide that any Company  repurchase  option  applicable to any Shares purchased
upon  exercise  of an Award or Stock  Purchase  Right shall lapse as to all such
Shares, provided the proposed dissolution or liquidation takes place at the time
and in the  manner  contemplated.  To the  extent  it has  not  been  previously
exercised,  an Award or Stock Purchase Right will terminate immediately prior to
the consummation of such proposed action.

<PAGE>

                  c.       MERGER OR ASSET SALE. In the event of a merger of the
Company with or into another  corporation,  or the sale of substantially  all of
the assets of the Company, each outstanding Award and Stock Purchase Right shall
be  assumed  or an  equivalent  option  or right  substituted  by the  successor
corporation or a Parent or Subsidiary of the successor corporation. In the event
that the successor  corporation refuses to assume or substitute for the Award or
Stock Purchase Right, the Participant  shall fully vest in and have the right to
exercise  the  Award or Stock  Purchase  Right as to all of the  Awarded  Stock,
including Shares as to which it would not otherwise be vested or exercisable. If
an Award or Stock Purchase Right becomes fully vested and exercisable in lieu of
assumption  or  substitution  in the  event of a merger or sale of  assets,  the
Administrator shall notify the Participant in writing or electronically that the
Award or Stock Purchase Right shall be fully exercisable for a period of fifteen
(15) days from the date of such notice,  and the Award or Stock  Purchase  Right
shall  terminate  upon the  expiration of such period.  For the purposes of this
paragraph,  the Award or Stock  Purchase  Right shall be considered  assumed if,
following the merger or sale of assets, the option or right confers the right to
purchase or  receive,  for each Share of Awarded  Stock  subject to the Award or
Stock  Purchase  Right  immediately  prior to the merger or sale of assets,  the
consideration (whether stock, cash, or other securities or property) received in
the merger or sale of assets by  holders of Common  Stock for each Share held on
the effective date of the  transaction  (and if holders were offered a choice of
consideration,  the type of consideration chosen by the holders of a majority of
the outstanding Shares); provided,  however, that if such consideration received
in the  merger or sale of assets is not  solely  common  stock of the  successor
corporation  or its  Parent,  the  Administrator  may,  with the  consent of the
successor  corporation,  provide for the  consideration  to be received upon the
exercise of the Award or Stock Purchase  Right,  for each Share of Awarded Stock
subject to the Award or Stock Purchase  Right,  to be solely common stock of the
successor  corporation or its Parent equal in Fair Market Value to the per share
consideration  received  by  holders  of Common  Stock in the  merger or sale of
assets.

         19.      TIME OF GRANTING OPTIONS AND STOCK PURCHASE  RIGHTS.  The date
of grant of an Award or Stock  Purchase  Right shall,  for all purposes,  be the
date on which the Administrator  makes the determination  granting such Award or
Stock Purchase Right, or such other date as is determined by the  Administrator.
Notice of the  determination  shall be given to each Service Provider to whom an
Award or Stock Purchase  Right is so granted within a reasonable  time after the
date of such grant.

         20.      AMENDMENT AND TERMINATION OF THE PLAN.

                  a.       AMENDMENT AND TERMINATION.  The Board may at any time
amend, alter, suspend or terminate the Plan.

                  b.       SHAREHOLDER   APPROVAL.   The  Board   shall   obtain
shareholder approval of any Plan amendment to the extent necessary and desirable
to comply with Applicable Laws.

                  c.       EFFECT OF AMENDMENT  OR  TERMINATION.  No  amendment,
alteration, suspension or termination of the Plan shall impair the rights of any
Participant,  unless mutually agreed  otherwise  between the Participant and the
Administrator,  which agreement must be in writing and signed by the Participant
and the Company.  Termination  of the Plan shall not affect the  Administrator's
ability to exercise the powers  granted to it  hereunder  with respect to Awards
granted under the Plan prior to the date of such termination.

<PAGE>

         21.      CONDITIONS UPON ISSUANCE OF SHARES.

                  a.       LEGAL COMPLIANCE. Shares shall not be issued pursuant
to the  exercise of an Award  unless the exercise of such Award and the issuance
and  delivery of such Shares  shall  comply  with  Applicable  Laws and shall be
further  subject to the approval of counsel for the Company with respect to such
compliance.

                  b.       INVESTMENT  REPRESENTATIONS.  As a  condition  to the
exercise of an Award, the  Administrator  may require the person exercising such
Award to represent  and warrant at the time of any such exercise that the Shares
are being  purchased only for  investment  and without any present  intention to
sell or  distribute  such Shares if, in the opinion of counsel for the  Company,
such a representation is required.

         22.      INABILITY TO OBTAIN AUTHORITY. The inability of the Company to
obtain authority from any regulatory body having  jurisdiction,  which authority
is deemed by the  Company's  counsel to be necessary to the lawful  issuance and
sale of any Shares  hereunder,  shall  relieve the Company of any  liability  in
respect of the failure to issue or sell such  Shares as to which such  requisite
authority shall not have been obtained.

         23.      RESERVATION  OF SHARES.  The Company,  during the term of this
Plan,  shall at all times  reserve and keep  available  such number of Shares as
shall be sufficient to satisfy the requirements of the Plan.

         24.      SHAREHOLDER  APPROVAL.  Issuances of Incentive  Stock  Options
under this Plan shall be subject to approval of the Plan by the  shareholders of
the Company  within twelve (12) months after the date the Plan is adopted by the
Board.  Such  shareholder  approval  shall be  obtained in the degree and manner
required under Applicable Laws.

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