0001193125-07-238309 Sample Contracts

Contract
Employment Agreement • November 7th, 2007 • Action Products International Inc • Games, toys & children's vehicles (no dolls & bicycles) • Florida

CERTAIN MATERIAL (INDICATED BY ASTERISKS) HAS BEEN OMITTED FROM THIS DOCUMENT PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT. THE OMITTED MATERIAL HAS BEEN FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION.

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ACTION PRODUCTS INTERNATIONAL, INC. PROPRIETARY INFORMATION AND INVENTIONS AGREEMENT
And Inventions Agreement • November 7th, 2007 • Action Products International Inc • Games, toys & children's vehicles (no dolls & bicycles) • Florida

In consideration of my retention by ACTION PRODUCTS INTERNATIONAL, INC., a Florida corporation, (the “Company”), and the compensation paid to me, I hereby agree as follows (each capitalized term used herein and not otherwise defined herein shall have the meaning as defined in my Employment Agreement (as defined herein).:

ACTION PRODUCTS INTERNATIONAL, INC. RESTRICTED STOCK GRANT AGREEMENT
Grant Agreement • November 7th, 2007 • Action Products International Inc • Games, toys & children's vehicles (no dolls & bicycles)

This Grant Agreement (the “Grant Agreement”), effective as of November 5, 2007 (the “Effective Date”), evidences the grant by Action Products International, Inc. (the “Company”) to the individual whose name appears below (the “Grantee”), covering the specific number of shares of the Common Stock, par value $0.001 per share, of the Company (the “Shares”) set forth below and on the following terms and conditions:

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