0001193125-08-186981 Sample Contracts

EMPLOYMENT AGREEMENT
Employment Agreement • August 29th, 2008 • Action Products International Inc • Games, toys & children's vehicles (no dolls & bicycles) • Florida

EMPLOYMENT AGREEMENT made effective as of the 25TH day of August, 2008 by and between ACTION PRODUCTS INTERNATIONAL, INC., a Florida corporation, (the “Company”) and NEIL SWARTZ (the “Executive”).

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MEMBERSHIP INTEREST PURCHASE AGREEMENT - BY AND AMONG - ACTION PRODUCTS INTERNATIONAL, INC. (“Parent”) ACTION HEALTHCARE PRODUCTS, INC. (“Acquirer”) B.E. OVERSEAS INVESTMENT GROUP, LLC (“Target”) AND THE PERSONS LISTED AS TARGET MEMBERS ON SCHEDULE I...
Membership Interest Purchase Agreement • August 29th, 2008 • Action Products International Inc • Games, toys & children's vehicles (no dolls & bicycles) • New York

THIS MEMBERSHIP INTEREST PURCHASE AGREEMENT, dated as of August 25, 2008 (the “Agreement”), is by and among ACTION PRODUCTS INTERNATIONAL, INC., a Florida corporation, (“Parent”), ACTION HEALTHCARE PRODUCTS, INC., a newly-formed Florida corporation and wholly-owned subsidiary of Parent, (“Acquirer”), B.E. OVERSEAS INVESTMENT GROUP, LLC, a Florida limited liability company (“Target”), and members of Target listed in Schedule I of this Agreement (“Target Members”).

ESCROW AGREEMENT
Escrow Agreement • August 29th, 2008 • Action Products International Inc • Games, toys & children's vehicles (no dolls & bicycles) • New York

THIS ESCROW AGREEMENT, dated as of August 25, 2008 (the “Agreement”), is by and among ACTION PRODUCTS INTERNATIONAL, INC., a Florida corporation, (“Parent”), ACTION HEALTHCARE PRODUCTS, INC., a newly-formed Florida corporation and wholly-owned subsidiary of Parent, (“Acquirer”), members of Target listed in Schedule I of this Agreement (“Target Members”) and TARTER KRINSKY & DROGIN LLP (“Escrow Agent”).

ACTION PRODUCTS INTERNATIONAL, INC. NONDISCLOSURE; RESTRICTIVE COVENANTS AND PROPRIETARY INFORMATION AND INVENTIONS AGREEMENT
Nondisclosure Agreement • August 29th, 2008 • 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):

SECURITIES PURCHASE AGREEMENT - BY AND AMONG - ACTION PRODUCTS INTERNATIONAL, INC. (the “Company”) AND (the “Investors”) AUGUST 25, 2008
Securities Purchase Agreement • August 29th, 2008 • Action Products International Inc • Games, toys & children's vehicles (no dolls & bicycles) • New York

THIS SECURITIES PURCHASE AGREEMENT is dated August 25, 2008, by and among ACTION PRODUCTS INTERNATIONAL, INC., a Florida corporation, (the “Company”) and each of the persons listed in Exhibit 2.1 (each and “Investor” and collectively the “Investors”).

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