EMPLOYMENT AGREEMENT



      EMPLOYMENT AGREEMENT, dated as of October 7, 2004, by and between Lexxus

International (Mexico), S.A., a newly formed Mexico corporation (the "Company"),

and Oscar de la Romo (the "Executive").



                                   WITNESSETH:



      WHEREAS, the Company desires to employ the Executive, and the Executive

desires to be employed by the Company, upon the terms and conditions

hereinafter set forth.



      NOW, THEREFORE, for good and valuable consideration, the receipt and

sufficiency of which is hereby acknowledged, the parties mutually agree as

follows:



      SECTION 1. EMPLOYMENT. The Company agrees to employ Executive and the

Executive hereby accepts such employment, as the Company's General Manager,

subject to the terms and conditions set forth in this Agreement starting on

November 1 ,2004, The Company's defined target market shall be Latin America

which shall be all countries south of the United States of America.



      SECTION 2. DUTIES: EXCLUSIVE SERVICES; BEST EFFORTS. The Executive shall

perform all duties incident to the position of General Manager as well as any

other duties as may from time to time be assigned by the Board of Directors of

the Company, and agrees to abide by all By-laws, policies, practices, procedures

or rules of the Company. The Executive agrees to devote his best efforts,

energies and skill to the discharge of the duties and responsibilities

attributable to his position, and to this end, he will devote his full business

time and attention exclusively to the business and affairs of the Company. The

Executive also agrees that he shall not take personal advantage of any business

opportunities which arise during his employment and which may benefit the

company. All material facts regarding such opportunities must be promptly

reported to the Board of Directors for consideration by the Company.

Notwithstanding the foregoing, the Executive may donate his time and efforts to

charitable canses so long as such endeavors do not effect his ability to



<PAGE>



perform his duties under this Agreement. If requested by the Company, the

Executive shall serve on the Board of Directors or any committee thereof without

additional compensation.



      SECTION 3. TERM OF EMPLOYMENT: VACATION.



            (a) Unless extended in writing by both the Company and the

Executive, the term of this Agreement shall commence on the date hereof and

terminate on October 31, 2009, subject to earlier termination by the parties

pursuant to Sections 5 and 6 hereof (the "Term").



            (b) The Executive shall be entitled to four (4) weeks vacation

during each year of the Term.



      SECTION 4. COMPENSATION OF EXECUTIVE.



            4.1 SALARY. The Company shall pay to Executive a base salary of two

hundred thousand ($200,000) dollars for the twelve-month period commencing on

the date hereof (the "Base Salary"), less such deductions as shall be required

to be withheld by applicable law and regulations. The Executive may elect to

have this Base Salary paid to a corporation that he is a principal in. The Base

Salary payable to Executive shall be paid at such regular weekly, biweekly or

semi-monthly lime or times as the Company makes payment of its regular payroll

in the regular course of business.



            4.2 STOCK BONUS. The Executive shall be entitled to receive a bonus

payable in restricted shares of common stock ("Performance Shares") of Natural

Health Trends Corp., the parent corporation of the Company ("NHTC"), based upon

the Company's achievement of certain (i) annual net revenues ("Net Revenues")

and (ii) net income or loss before (x) reported amounts of the Company's

interest and tax expenses and (y) reported amounts of the Company's depreciation

and amortization expenses (collectively "EBITDA"). The calculation of Net

Revenues and EBITDA shall be derived from the Company's audited financial

statements prepared in accordance with U.S. generally accepted accounting

principals, for each fiscal year ending December 31 during the term of this

Agreement. The number of Performance Shares set forth below shall be issued to

the Executive by no later



                                        2

<PAGE>



than April 15th in the year following satisfaction of both the Net Revenue and

EBITDA targets, and each, level (and corresponding Performance Shares) shall be

awarded only once during the term of this Agreement.



<TABLE>

<CAPTION>

                                                     FAIR VALUE OF

LEVEL        NET REVENUES          EBITDA          PERFORMANCE SHARES

------      --------------      -------------      ------------------

Home        Intelligence        Services        Subscriptions        News        About Us

Contact Us       Terms of Use       Resend Documents       Shopping Cart

Copyright © 2008 The Consus Group LLC