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Executive Employment Agreement

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Title:

Executive Employment Agreement

Entities:

Science Dynamics Corp.

Date:

2006

Size:

Preview shows 2KB of 9KB total

Price:

$40

ID:

#1212814

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<SEQUENCE>2

<FILENAME>v040619_ex10-5.txt

<TEXT>

                         EXECUTIVE EMPLOYMENT AGREEMENT



This Executive  Employment  Agreement  ("Agreement")  is made and effective this

March 07, 2005, by and between Science Dynamics Corporation  ("Company") and Joe

Noto ("Executive").



NOW, THEREFORE, the parties hereto agree as follows:





1.  Employment.

Company  hereby agrees to employ  Executive as its Vice President of Finance and

Administration  and Executive  hereby accepts such employment in accordance with

the terms of this  Agreement and the terms of  employment  applicable to regular

employees  of Company.  In the event of any  conflict or  ambiguity  between the

terms of this Agreement and terms of employment applicable to regular employees,

the terms of this Agreement shall control.



2.  Duties of Executive.

The duties of  Executive  shall  include  the  performance  of all of the duties

typical  of the  office  held by  Executive  as  described  in the bylaws of the

Company  and such other  duties and  projects  as may be  assigned  by the Chief

Executive  Officer of the Company.  Executive shall devote his entire productive

time, ability and attention to the business of the Company and shall perform all

duties in a professional,  ethical and businesslike manner.  Executive will not,

during the term of this  Agreement,  directly or indirectly  engage in any other

business,  either as an  employee,  employer,  consultant,  principal,  officer,

director,   advisor,   or  in  any  other  capacity,   either  with  or  without

compensation, without the prior written consent of Company.





3.  Compensation.

Executive will be paid compensation during this Agreement as follows:

A. A base salary of not less than one hundred thirty thousand dollars ($130,000)

per year,  payable in  installments  according to the Company's  regular payroll

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