0001299139-06-000010 Sample Contracts

EMPLOYMENT AGREEMENT
Employment Agreement • May 10th, 2006 • OccuLogix, Inc. • Surgical & medical instruments & apparatus • Ontario

WHEREAS the Corporation and the Employee wish to enter into this Agreement to set forth the rights and obligations of each of them as regards the Employee’s employment with the Corporation;

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TERMINATION AGREEMENT
Termination Agreement • May 10th, 2006 • OccuLogix, Inc. • Surgical & medical instruments & apparatus • Ontario

WHEREAS the appointment of Siegel as the Vice President, Clinical Affairs of OccuLogix is terminated at the close of business on the date hereof;

RELEASE AGREEMENT
Release Agreement • May 10th, 2006 • OccuLogix, Inc. • Surgical & medical instruments & apparatus • Ontario

THIS AGREEMENT is made as of the 13th day of April, 2006 by and between Irving J. Siegel (the “Employee”), a resident of the Town of Richmond Hill in the Province of Ontario, and OccuLogix, Inc. (the “Employer”), a corporation incorporated under the laws of the State of Delaware, and having its executive offices at 2600 Skymark Avenue, Building 9, Suite 201, Mississauga, Ontario, L4W 5B2.

AMENDING AGREEMENT
Employment Agreement • May 10th, 2006 • OccuLogix, Inc. • Surgical & medical instruments & apparatus • Ontario

THIS AMENDING AGREEMENT is made as of the 1st day of April, 2006 between OCCULOGIX, INC. (the “Corporation”), a corporation incorporated under the laws of the State of Delaware, and Nozhat Choudry who resides in the City of Oakville in the Province of Ontario (hereinafter referred to as the “Employee”).

RELEASE AGREEMENT
Release Agreement • May 10th, 2006 • OccuLogix, Inc. • Surgical & medical instruments & apparatus • Ontario

THIS AGREEMENT is made as of the 13th day of April, 2006 by and between John Caloz (the “Employee”), a resident of the State of California, and OccuLogix, Inc. (the “Employer”), a corporation incorporated under the laws of the State of Delaware, and having its executive offices at 2600 Skymark Avenue, Building 9, Suite 201, Mississauga, Ontario, L4W 5B2.

AMENDING AGREEMENT
Employment Agreement • May 10th, 2006 • OccuLogix, Inc. • Surgical & medical instruments & apparatus • Ontario

THIS AMENDING AGREEMENT is made as of the 14th day of April, 2006 between OCCULOGIX, INC. (the “Corporation”), a corporation incorporated under the laws of the State of Delaware, and William G. Dumencu who resides in the Town of Milton in the Province of Ontario (hereinafter referred to as the “Employee”).

AMENDING AGREEMENT
Employment Agreement • May 10th, 2006 • OccuLogix, Inc. • Surgical & medical instruments & apparatus • Florida

THIS AMENDING AGREEMENT is made as of the 13th day of April, 2006 between OCCULOGIX, INC. (the “Corporation”), a corporation incorporated under the laws of the State of Delaware, and John Cornish who resides at 531 Fernshire Drive in the City of Palm Harbor in the State of Florida (hereinafter referred to as the “Employee”).

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