0000720851-07-000005 Sample Contracts

EMPLOYMENT AGREEMENT
Employment Agreement • February 7th, 2007 • Nestor Inc • Services-prepackaged software • Rhode Island

THIS EMPLOYMENT AGREEMENT (the “Agreement”), made as of this 1st day of February 2007, is entered into by Nestor, Inc. a Delaware corporation (the “Company”), and Teodor Klowan, Jr. (the “Employee”).

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February 7, 2007 Mr. Clarence A. Davis
Nestor Inc • February 7th, 2007 • Services-prepackaged software • Rhode Island
Schedule Prepared in Accordance with Instruction 2 to Item 601 of Regulation S-K The Restricted Stock Agreements are substantially identical in all material respects except as to the grantee and the number of shares.
Restricted Stock Agreement • February 7th, 2007 • Nestor Inc • Services-prepackaged software • Rhode Island

This Restricted Stock Agreement (this “Agreement”) is made as of this 1st day of February 2007 (the “Effective Date”) between Nestor, Inc., a Delaware corporation (the “Company”), and Clarence A. Davis (the “Director”).

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