EMPLOYMENT AGREEMENT

          This is an Employment Agreement entered into between TurboChef Technologies, Inc., a Delaware corporation, or TurboChef, and James K. Price, or Executive, the terms and conditions of which are as follows:

1.    TERM OF EMPLOYMENT

          Subject to the terms and conditions set forth in this Employment Agreement, TurboChef agrees to employ Executive and Executive agrees to be employed by TurboChef for an initial term of three years, starting on October 28, 2003 and ending on the third anniversary of such date; provided, however, this initial three year term automatically shall extend for one additional year on such third anniversary date and on each subsequent anniversary of such date unless TurboChef or Executive notifies the other pursuant to  6(a) that no such extension will be effected at least six months before such anniversary date.  The date described in this  1 on which Executive starts his employment with TurboChef shall be referred to in this Employment Agreement as the Starting Date.  The employment term described in this  1 shall be referred to in this Employment Agreement as the Term.  Executives primary location of employment shall be at TurboChefs offices in Atlanta, Georgia.

2.    POSITION AND DUTIES AND RESPONSIBILITIES

          (a)     Position.  Executive shall be the President and Chief Executive Officer of TurboChef.

          (b)     Duties and Responsibilities.  Executives duties and responsibilities shall be those normally associated with Executives position as a president and chief executive officer of a corporation plus any additional duties and responsibilities that TurboChefs Board of Directors from time to time may assign orally or in writing to Executive.  Executive shall report to TurboChefs Board of Directors and shall have such powers as may be delegated to him by such board.  Executive shall undertake to perform all Executives duties and responsibilities for TurboChef in good faith and on a full-time basis and shall at all times act in the course of Executives employment under this Employment Agreement in the best interest of TurboChef.

3.    COMPENSATION AND BENEFITS

          (a)     Base Salary.  Executives initial base salary shall be $365,000.00 per year, which base salary shall be payable in accordance with TurboChefs standard payroll practices and policies for senior executives (but not less frequently than monthly) and shall be subject to such withholdings as required by law or as otherwise permissible under such practices or policies.  Executives base salary shall be adjusted annually for any changes in the Consumer Price Index (CPI), with the adjustment applied effective as of the first day of the month following the anniversary of the Starting Date.  The adjustment will be directly proportional to the percent change in the CPI for All Urban Consumers (CPI-U) for the U.S. City Average for All Items, 1982-84=100, comparing