<SEC-DOCUMENT>0001558370-16-004114.txt : 20160314
<SEC-HEADER>0001558370-16-004114.hdr.sgml : 20160314
<ACCEPTANCE-DATETIME>20160314170730
ACCESSION NUMBER:		0001558370-16-004114
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20160314
ITEM INFORMATION:		Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20160314
DATE AS OF CHANGE:		20160314

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			AxoGen, Inc.
		CENTRAL INDEX KEY:			0000805928
		STANDARD INDUSTRIAL CLASSIFICATION:	ELECTROMEDICAL & ELECTROTHERAPEUTIC APPARATUS [3845]
		IRS NUMBER:				411301878
		STATE OF INCORPORATION:			MN
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-36046
		FILM NUMBER:		161504650

	BUSINESS ADDRESS:	
		STREET 1:		13859 PROGRESS BLVD.
		STREET 2:		SUITE 100
		CITY:			ALACHUA
		STATE:			FL
		ZIP:			32615
		BUSINESS PHONE:		(386) 462-6817

	MAIL ADDRESS:	
		STREET 1:		13859 PROGRESS BLVD.
		STREET 2:		SUITE 100
		CITY:			ALACHUA
		STATE:			FL
		ZIP:			32615

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	LECTEC CORP /MN/
		DATE OF NAME CHANGE:	19920703
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>axgn-20160314x8k.htm
<DESCRIPTION>8-K
<TEXT>
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			<font style="display:inline;font-family:Times New Roman,Times,serif;font-weight:bold;color:#000000;font-size:13.5pt;">UNITED STATES </font>
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			<font style="display:inline;font-family:Times New Roman,Times,serif;font-weight:bold;color:#000000;font-size:13.5pt;">SECURITIES AND EXCHANGE COMMISSION </font>
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			<font style="display:inline;font-family:Times New Roman,Times,serif;font-weight:bold;color:#000000;">Washington, D.C. 20549 </font>
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			<font style="display:inline;font-family:Times New Roman,Times,serif;font-weight:bold;color:#000000;font-size:18pt;">Form 8-K</font>
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			<font style="display:inline;font-family:Times New Roman,Times,serif;font-weight:bold;color:#000000;font-size:12pt;">Current Report </font>
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			<font style="display:inline;font-family:Times New Roman,Times,serif;font-weight:bold;color:#000000;font-size:12pt;">Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 </font>
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			<font style="display:inline;font-family:Times New Roman,Times,serif;font-weight:bold;color:#000000;">Date of Report (Date of earliest event reported):&nbsp; </font><font style="display:inline;font-family:Times New Roman,Times,serif;font-weight:bold;color:#000000;">March 14</font><font style="display:inline;font-family:Times New Roman,Times,serif;font-weight:bold;color:#000000;">, 2016</font>
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			<font style="display:inline;font-family:Times New Roman,Times,serif;font-weight:bold;color:#000000;font-size:18pt;">AXOGEN, INC. </font>
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			<font style="display:inline;font-family:Times New Roman,Times,serif;font-weight:bold;color:#000000;">(</font><font style="display:inline;font-family:Times New Roman,Times,serif;color:#000000;">Exact name of registrant as specified in its charter)</font>
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						<font style="display:inline;font-family:Times New Roman,Times,serif;font-weight:bold;color:#000000;">Minnesota</font></p>
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						<font style="display:inline;font-family:Times New Roman,Times,serif;font-weight:bold;">001-36046</font></p>
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						<font style="display:inline;font-family:Times New Roman,Times,serif;color:#000000;">(State or other jurisdiction of</font><font style="display:inline;font-family:Times New Roman,Times,serif;font-size:12pt;">&nbsp;</font><font style="display:inline;font-family:Times New Roman,Times,serif;color:#000000;">incorporation)</font><font style="display:inline;font-family:Times New Roman,Times,serif;font-size:12pt;">&nbsp;</font></p>
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						<font style="display:inline;font-family:Times New Roman,Times,serif;">(</font><font style="display:inline;font-family:Times New Roman,Times,serif;color:#000000;">Commission File Number</font><font style="display:inline;font-family:Times New Roman,Times,serif;color:#000000;">)</font></p>
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						<font style="display:inline;font-family:Times New Roman,Times,serif;color:#000000;">(IRS Employer</font><font style="display:inline;font-family:Times New Roman,Times,serif;font-size:12pt;">&nbsp;</font><font style="display:inline;font-family:Times New Roman,Times,serif;color:#000000;">Identification No.)</font><font style="display:inline;font-family:Times New Roman,Times,serif;font-size:12pt;">&nbsp;</font></p>
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					<p style="margin:0pt;text-align:center;color:#000000;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;">
						<font style="display:inline;font-family:Times New Roman,Times,serif;font-weight:bold;color:#000000;">13631 Progress Boulevard, Suite 400,</font><br /><font style="display:inline;font-family:Times New Roman,Times,serif;font-weight:bold;color:#000000;"></font><font style="display:inline;font-family:Times New Roman,Times,serif;font-weight:bold;color:#000000;">Alachua, Florida</font></p>
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						&nbsp;</p>
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						<font style="display:inline;font-family:Times New Roman,Times,serif;font-weight:bold;color:#000000;">32615</font></p>
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						<font style="display:inline;font-family:Times New Roman,Times,serif;color:#000000;">(Address of Principal Executive Offices)</font></p>
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						&nbsp;</p>
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						<font style="display:inline;font-family:Times New Roman,Times,serif;color:#000000;">(Zip Co</font><font style="display:inline;font-family:Times New Roman,Times,serif;color:#000000;">d</font><font style="display:inline;font-family:Times New Roman,Times,serif;color:#000000;">e)</font></p>
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			<font style="display:inline;font-family:Times New Roman,Times,serif;color:#000000;">Registrant&#x2019;s telephone number, including area code</font>
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			<font style="display:inline;">&nbsp;</font>
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			<font style="display:inline;font-size:1pt;">&nbsp;</font>
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		<div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 80.00%;margin-left:0pt;">
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					<p style="margin:0pt;text-align:center;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;">
						<font style="display:inline;font-family:Times New Roman,Times,serif;font-weight:bold;">(386) 462-6800</font></p>
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						<font style="display:inline;font-family:Times New Roman,Times,serif;">(Former name or former address if changed since last report,)</font></p>
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			<font style="display:inline;font-family:Times New Roman,Times,serif;color:#000000;">Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:</font>
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			<font style="display:inline;">&nbsp;</font>
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		<p style="margin:0pt;color:#000000;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;">
			<font style="display:inline;color:#000000;">&#x2610;</font><font style="display:inline;font-family:Times New Roman,Times,serif;color:#000000;">Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)</font>
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		<p style="margin:0pt;color:#000000;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;">
			<font style="display:inline;">&nbsp;</font>
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		<p style="margin:0pt;color:#000000;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;">
			<font style="display:inline;color:#000000;">&#x2610;</font><font style="display:inline;font-family:Times New Roman,Times,serif;color:#000000;">Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)</font>
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			<font style="display:inline;">&nbsp;</font>
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		<p style="margin:0pt;color:#000000;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;">
			<font style="display:inline;color:#000000;">&#x2610;</font><font style="display:inline;font-family:Times New Roman,Times,serif;color:#000000;">Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))</font>
		</p>
		<p style="margin:0pt;color:#000000;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;">
			<font style="display:inline;">&nbsp;</font>
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		<p style="margin:0pt;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;">
			<font style="display:inline;color:#000000;">&#x2610;</font><font style="display:inline;font-family:Times New Roman,Times,serif;color:#000000;">Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) </font>
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			&nbsp;
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			<font style="display:inline;font-weight:bold;color:#000000;font-size:11pt;"></font></p></div><div style="margin-left:10.2941176470588%;margin-right:10.2941176470588%;">
		<p><font size="1"> </font></p></div><div style="margin-left:10.2941176470588%;margin-right:10.2941176470588%;"><hr align="center" style='background-color:#000000; border-width:0; color:#000000; height:2pt; lineheight:0; width:100%;'></hr><p style="page-break-after:always">&nbsp;</p></div><div style="margin-left:10.2941176470588%;margin-right:10.2941176470588%;"><div style="width:100%">

		<p style="margin:0pt;text-align:center;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;">

			&nbsp;

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</div></div><div style="margin-left:10.2941176470588%;margin-right:10.2941176470588%;"><p style="margin:0pt;border-bottom:1pt none #D9D9D9 ;color:#000000;font-family:Times New Roman,Times,serif;font-size: 11pt;"><font style="display:inline;font-weight:bold;color:#000000;font-size:11pt;">Item 5.02&nbsp;&nbsp;Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers </font>
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			<font style="display:inline;color:#000000;font-size:11pt;">On </font><font style="display:inline;color:#000000;font-size:11pt;">March 14</font><font style="display:inline;color:#000000;font-size:11pt;">, 2016, the Company announced that </font><font style="display:inline;color:#000000;font-size:11pt;">Kevin Leach</font><font style="display:inline;color:#000000;font-size:11pt;"> will become the Company&#x2019;s </font><font style="display:inline;color:#000000;font-size:11pt;">Vice President of Marketing</font><font style="display:inline;color:#000000;font-size:11pt;">, effective </font><font style="display:inline;color:#000000;font-size:11pt;">as of such date</font><font style="display:inline;color:#000000;font-size:11pt;">. &nbsp;</font>
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			<font style="display:inline;color:#000000;font-size:11pt;">In connection with his employment and appointment as the Company&#x2019;s </font><font style="display:inline;color:#000000;font-size:11pt;">Vice President of Marketing</font><font style="display:inline;color:#000000;font-size:11pt;">, Mr. </font><font style="display:inline;color:#000000;font-size:11pt;">Leach</font><font style="display:inline;color:#000000;font-size:11pt;"> entered into an Executive Employment Agreement with AxoGen Corporation, a wholly owned subsidiary of the Company (&#x201C;AC&#x201D;), dated as of </font><font style="display:inline;color:#000000;font-size:11pt;">March 14</font><font style="display:inline;color:#000000;font-size:11pt;">, 2016 (the &#x201C;</font><font style="display:inline;color:#000000;font-size:11pt;">Leach</font><font style="display:inline;color:#000000;font-size:11pt;"> Employment Agreement&#x201D;). Under the </font><font style="display:inline;color:#000000;font-size:11pt;">Leach</font><font style="display:inline;color:#000000;font-size:11pt;"> Employment Agreement, Mr. </font><font style="display:inline;color:#000000;font-size:11pt;">Leach</font><font style="display:inline;color:#000000;font-size:11pt;">&#x2019;s employment is at</font><font style="display:inline;color:#000000;font-size:11pt;">-</font><font style="display:inline;color:#000000;font-size:11pt;">will.&nbsp;&nbsp;In the event Mr. </font><font style="display:inline;color:#000000;font-size:11pt;">Leach</font><font style="display:inline;color:#000000;font-size:11pt;"> is terminated without </font><font style="display:inline;color:#000000;font-size:11pt;">&#x201C;S</font><font style="display:inline;color:#000000;font-size:11pt;">ubstantial </font><font style="display:inline;color:#000000;font-size:11pt;">C</font><font style="display:inline;color:#000000;font-size:11pt;">ause</font><font style="display:inline;color:#000000;font-size:11pt;">&#x201D; (as defined below)</font><font style="display:inline;color:#000000;font-size:11pt;"> either prior to a </font><font style="display:inline;color:#000000;font-size:11pt;">&#x201C;C</font><font style="display:inline;color:#000000;font-size:11pt;">hange of </font><font style="display:inline;color:#000000;font-size:11pt;">C</font><font style="display:inline;color:#000000;font-size:11pt;">ontrol</font><font style="display:inline;color:#000000;font-size:11pt;">&#x201D; (as defined below&#x201D;)</font><font style="display:inline;color:#000000;font-size:11pt;"> or </font><font style="display:inline;color:#000000;font-size:11pt;">within</font><font style="display:inline;color:#000000;font-size:11pt;">180 days following a </font><font style="display:inline;color:#000000;font-size:11pt;">C</font><font style="display:inline;color:#000000;font-size:11pt;">hange </font><font style="display:inline;color:#000000;font-size:11pt;">in </font><font style="display:inline;color:#000000;font-size:11pt;">C</font><font style="display:inline;color:#000000;font-size:11pt;">ontrol</font><font style="display:inline;color:#000000;font-size:11pt;">,</font><font style="display:inline;color:#000000;font-size:11pt;">&nbsp;</font><font style="display:inline;color:#000000;font-size:11pt;">he is entitled to a severance payment consisting of</font><font style="display:inline;color:#000000;font-size:11pt;">:</font><font style="display:inline;color:#000000;font-size:11pt;"> (A) twelve months of base salary; and (B) an amount equal to any bonuses paid</font><font style="display:inline;color:#000000;font-size:11pt;"> to Mr. </font><font style="display:inline;color:#000000;font-size:11pt;">Leach</font><font style="display:inline;color:#000000;font-size:11pt;"> during the </font><font style="display:inline;color:#000000;font-size:11pt;">twelve</font><font style="display:inline;color:#000000;font-size:11pt;">-month</font><font style="display:inline;color:#000000;font-size:11pt;"> period prior to termination of employment.&nbsp;&nbsp;Mr. </font><font style="display:inline;color:#000000;font-size:11pt;">Leach</font><font style="display:inline;color:#000000;font-size:11pt;"> is also entitled to such severance if he leaves AxoGen for &#x201C;</font><font style="display:inline;color:#000000;font-size:11pt;">G</font><font style="display:inline;color:#000000;font-size:11pt;">ood </font><font style="display:inline;color:#000000;font-size:11pt;">R</font><font style="display:inline;color:#000000;font-size:11pt;">eason&#x201D; (as defined below) within 180 days following a </font><font style="display:inline;color:#000000;font-size:11pt;">C</font><font style="display:inline;color:#000000;font-size:11pt;">hange of </font><font style="display:inline;color:#000000;font-size:11pt;">C</font><font style="display:inline;color:#000000;font-size:11pt;">ontrol.&nbsp; </font><font style="display:inline;color:#000000;font-size:11pt;">Upon a Change in Control, any s</font><font style="display:inline;color:#000000;font-size:11pt;">tock options</font><font style="display:inline;color:#000000;font-size:11pt;">&nbsp;</font><font style="display:inline;color:#000000;font-size:11pt;">held by</font><font style="display:inline;color:#000000;font-size:11pt;"> Mr. </font><font style="display:inline;color:#000000;font-size:11pt;">Leach</font><font style="display:inline;color:#000000;font-size:11pt;"> shall automatically accelerate and become fully exercisable</font><font style="display:inline;color:#000000;font-size:11pt;">. &nbsp;</font><font style="display:inline;color:#000000;font-size:11pt;">&nbsp;</font><font style="display:inline;color:#000000;font-size:11pt;">I</font><font style="display:inline;color:#000000;font-size:11pt;">n the event that within twelve months following the </font><font style="display:inline;color:#000000;font-size:11pt;">C</font><font style="display:inline;color:#000000;font-size:11pt;">hange </font><font style="display:inline;color:#000000;font-size:11pt;">of </font><font style="display:inline;color:#000000;font-size:11pt;">C</font><font style="display:inline;color:#000000;font-size:11pt;">ontrol </font><font style="display:inline;color:#000000;font-size:11pt;">he is terminated without cause or leaves for </font><font style="display:inline;color:#000000;font-size:11pt;">G</font><font style="display:inline;color:#000000;font-size:11pt;">ood </font><font style="display:inline;color:#000000;font-size:11pt;">R</font><font style="display:inline;color:#000000;font-size:11pt;">eason</font><font style="display:inline;color:#000000;font-size:11pt;"> and so long as the Company or AC are subject to federal COBRA and Mr. </font><font style="display:inline;color:#000000;font-size:11pt;">Leach</font><font style="display:inline;color:#000000;font-size:11pt;"> timely elects continuation coverage under COBRA, the Company or AC shall pay the premiums for twelve months or until Mr. </font><font style="display:inline;color:#000000;font-size:11pt;">Leach</font><font style="display:inline;color:#000000;font-size:11pt;"> obtains new employment with comparable health care coverage, whichever is shorter</font><font style="display:inline;color:#000000;font-size:11pt;">. &nbsp;</font>
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			<font style="display:inline;color:#000000;font-size:11pt;">For purposes of </font><font style="display:inline;color:#000000;font-size:11pt;">the</font><font style="display:inline;color:#000000;font-size:11pt;">&nbsp;</font><font style="display:inline;color:#000000;font-size:11pt;">Leach</font><font style="display:inline;color:#000000;font-size:11pt;"> employment agreement, </font><font style="display:inline;color:#000000;font-size:11pt;">C</font><font style="display:inline;color:#000000;font-size:11pt;">hange of </font><font style="display:inline;color:#000000;font-size:11pt;">C</font><font style="display:inline;color:#000000;font-size:11pt;">ontrol means the occurrence of any of the f</font><font style="display:inline;color:#000000;font-size:11pt;">ollowing events: (</font><font style="display:inline;color:#000000;font-size:11pt;">i</font><font style="display:inline;color:#000000;font-size:11pt;">) &nbsp;</font><font style="display:inline;color:#000000;font-size:11pt;">any person who holds less than 20% of the combined voting power of the securities of AC or the Company, becomes the beneficial owner, directly or indirectly, of securities of AC or the Company, representing 50% or more of the combined voting power of the securities of AC or </font><font style="display:inline;color:#000000;font-size:11pt;">the Company then outstanding; (</font><font style="display:inline;color:#000000;font-size:11pt;">ii</font><font style="display:inline;color:#000000;font-size:11pt;">) &nbsp;</font><font style="display:inline;color:#000000;font-size:11pt;">during any period of 24 consecutive months, individuals who at the beginning of such period constitute all members of the</font><font style="display:inline;color:#000000;font-size:11pt;">&nbsp;</font><font style="display:inline;color:#000000;font-size:11pt;">Company&#x2019;s Board of Directors cease, for any reason, to constitute at least a majority of the Company&#x2019;s Board of Directors, unless the election of each director who was not a director at the beginning of the period was either nominated for election by, or was approved by a vote of, at least two-thirds of the directors then still in office who were directors a</font><font style="display:inline;color:#000000;font-size:11pt;">t the beginning of the period; (</font><font style="display:inline;color:#000000;font-size:11pt;">iii</font><font style="display:inline;color:#000000;font-size:11pt;">) &nbsp;</font><font style="display:inline;color:#000000;font-size:11pt;">AC or the Company consolidates or merges with another company and AC or the Company is not the continuing or surviving corporation, provided, however, that any consolidation or merger whereby the Company continues as the majority holder of AC securities or a merger or consolidation of AC and the Company will not c</font><font style="display:inline;color:#000000;font-size:11pt;">onstitute a </font><font style="display:inline;color:#000000;font-size:11pt;">C</font><font style="display:inline;color:#000000;font-size:11pt;">hange </font><font style="display:inline;color:#000000;font-size:11pt;">in </font><font style="display:inline;color:#000000;font-size:11pt;">C</font><font style="display:inline;color:#000000;font-size:11pt;">ontrol</font><font style="display:inline;color:#000000;font-size:11pt;">; (</font><font style="display:inline;color:#000000;font-size:11pt;">iv</font><font style="display:inline;color:#000000;font-size:11pt;">) &nbsp;</font><font style="display:inline;color:#000000;font-size:11pt;">shares of AC&#x2019;s or the Company&#x2019;s common </font><font style="display:inline;color:#000000;font-size:11pt;">stock</font><font style="display:inline;color:#000000;font-size:11pt;">&nbsp;</font><font style="display:inline;color:#000000;font-size:11pt;">are converted into cash, securities, or other property (other than by a merger set forth in (</font><font style="display:inline;color:#000000;font-size:11pt;">iii</font><font style="display:inline;color:#000000;font-size:11pt;">) above) in which the holders of the AC&#x2019;s or the Company&#x2019;s common </font><font style="display:inline;color:#000000;font-size:11pt;">stock</font><font style="display:inline;color:#000000;font-size:11pt;">&nbsp;</font><font style="display:inline;color:#000000;font-size:11pt;">immediately prior to the merger have the same proportionate ownership of common shares of the surviving corporation as</font><font style="display:inline;color:#000000;font-size:11pt;"> immediately after the merger; (</font><font style="display:inline;color:#000000;font-size:11pt;">v</font><font style="display:inline;color:#000000;font-size:11pt;">) &nbsp;</font><font style="display:inline;color:#000000;font-size:11pt;">AC or the Company sells, leases, exchanges, or otherwise transfers all or substantially all of its assets (in one transaction or in a serie</font><font style="display:inline;color:#000000;font-size:11pt;">s of related transactions)</font><font style="display:inline;color:#000000;font-size:11pt;"> provided, however, that any such transaction related to AC where the Company continues as the majority holder of AC common stock or the Company is the sole other party to the transaction will not constitute a Change in Control</font><font style="display:inline;color:#000000;font-size:11pt;">; or (</font><font style="display:inline;color:#000000;font-size:11pt;">vi</font><font style="display:inline;color:#000000;font-size:11pt;">) &nbsp;</font><font style="display:inline;color:#000000;font-size:11pt;">the holders of </font><font style="display:inline;color:#000000;font-size:11pt;">shares of AC&#x2019;s or </font><font style="display:inline;color:#000000;font-size:11pt;">the Company&#x2019;s </font><font style="display:inline;color:#000000;font-size:11pt;">common </font><font style="display:inline;color:#000000;font-size:11pt;">stock approve a plan or proposal for the liquidation or dissolution of AC or the Company</font><font style="display:inline;color:#000000;font-size:11pt;">.</font><font style="display:inline;color:#000000;font-size:11pt;">&nbsp;</font>
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			<font style="display:inline;color:#000000;font-size:11pt;">For purposes of the </font><font style="display:inline;color:#000000;font-size:11pt;">Leach</font><font style="display:inline;color:#000000;font-size:11pt;"> Employment Agreement, </font><font style="display:inline;color:#000000;font-size:11pt;">S</font><font style="display:inline;color:#000000;font-size:11pt;">ubstantial </font><font style="display:inline;color:#000000;font-size:11pt;">C</font><font style="display:inline;color:#000000;font-size:11pt;">ause me</font><font style="display:inline;color:#000000;font-size:11pt;">ans: </font><font style="display:inline;color:#000000;font-size:11pt;">(A) the commission by </font><font style="display:inline;color:#000000;font-size:11pt;">Mr. </font><font style="display:inline;color:#000000;font-size:11pt;">Leach</font><font style="display:inline;color:#000000;font-size:11pt;"> of any act of fraud, theft, or embezzlement; (B) any material breach by </font><font style="display:inline;color:#000000;font-size:11pt;">Mr. </font><font style="display:inline;color:#000000;font-size:11pt;">Leach</font><font style="display:inline;color:#000000;font-size:11pt;"> of </font><font style="display:inline;color:#000000;font-size:11pt;">the</font><font style="display:inline;color:#000000;font-size:11pt;">&nbsp;</font><font style="display:inline;color:#000000;font-size:11pt;">Leach</font><font style="display:inline;color:#000000;font-size:11pt;"> Employment</font><font style="display:inline;color:#000000;font-size:11pt;">&nbsp;</font><font style="display:inline;color:#000000;font-size:11pt;">Agreement, provided that </font><font style="display:inline;color:#000000;font-size:11pt;">AC</font><font style="display:inline;color:#000000;font-size:11pt;"> shall have first delivered to </font><font style="display:inline;color:#000000;font-size:11pt;">Mr. </font><font style="display:inline;color:#000000;font-size:11pt;">Leach</font><font style="display:inline;color:#000000;font-size:11pt;"> written notice of the alleged breach, specifying the exact nature of the breach in detail, and provided, further, that </font><font style="display:inline;color:#000000;font-size:11pt;">Mr. </font><font style="display:inline;color:#000000;font-size:11pt;">Leach</font><font style="display:inline;color:#000000;font-size:11pt;"> shall have failed to cure or substantially mitigate such breach within ten days after receiving such written notice; (C) commission or conviction of any felony, or of any misdemeanor involving moral turpitude, or entry of a plea of guilty or nolo contendere to any felony or misdemeanor; (D) material failure to adhere to </font><font style="display:inline;color:#000000;font-size:11pt;">AC</font><font style="display:inline;color:#000000;font-size:11pt;">'s </font><font style="display:inline;color:#000000;font-size:11pt;">or the </font><font style="display:inline;color:#000000;font-size:11pt;"></font></p></div><div style="margin-left:10.2941176470588%;margin-right:10.2941176470588%;">
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</div></div><div style="margin-left:10.2941176470588%;margin-right:10.2941176470588%;"><p style="margin:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;color:#000000;font-family:Times New Roman,Times,serif;font-size: 11pt;"><font style="display:inline;color:#000000;font-size:11pt;">Company </font><font style="display:inline;color:#000000;font-size:11pt;">corporate codes, policies or procedures which have been adopted in good faith for a valid business purpose as in effect from time to time; or (E) failure to meet reasonable performance standards as determined by </font><font style="display:inline;color:#000000;font-size:11pt;">AC or </font><font style="display:inline;color:#000000;font-size:11pt;">the Company</font><font style="display:inline;color:#000000;font-size:11pt;">. &nbsp;</font>
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			<font style="display:inline;color:#000000;font-size:11pt;">For purposes of the </font><font style="display:inline;color:#000000;font-size:11pt;">Leach</font><font style="display:inline;color:#000000;font-size:11pt;"> Employment Agreement</font><font style="display:inline;color:#000000;font-size:11pt;">&nbsp;</font><font style="display:inline;color:#000000;font-size:11pt;">G</font><font style="display:inline;color:#000000;font-size:11pt;">ood </font><font style="display:inline;color:#000000;font-size:11pt;">R</font><font style="display:inline;color:#000000;font-size:11pt;">eason</font><font style="display:inline;color:#000000;font-size:11pt;"> means </font><font style="display:inline;color:#000000;font-size:11pt;">Mr. </font><font style="display:inline;color:#000000;font-size:11pt;">Leach</font><font style="display:inline;color:#000000;font-size:11pt;">&#x2019;s resignation from employment upon or within 90 days following a Change in Control if AC or the Company is not the surviving entity, provided that Substantial Cause for termination of Mr. </font><font style="display:inline;color:#000000;font-size:11pt;">Leach</font><font style="display:inline;color:#000000;font-size:11pt;">&#x2019;s employment does not exist at the time of such resignation and the resignation is the result of </font><font style="display:inline;color:#000000;font-size:11pt;">the occurrence of any </font><font style="display:inline;color:#000000;font-size:11pt;">one or more of the following: (a) </font><font style="display:inline;color:#000000;font-size:11pt;">the assignment of any duties inconsistent in any respect with </font><font style="display:inline;color:#000000;font-size:11pt;">Mr. </font><font style="display:inline;color:#000000;font-size:11pt;">Leach</font><font style="display:inline;color:#000000;font-size:11pt;">&#x2019;s position (including status, offices, titles, and reporting requirements), authorities, duties, or other responsibilities as in effect immediately prior to a </font><font style="display:inline;color:#000000;font-size:11pt;">C</font><font style="display:inline;color:#000000;font-size:11pt;">hange of </font><font style="display:inline;color:#000000;font-size:11pt;">C</font><font style="display:inline;color:#000000;font-size:11pt;">ontrol or any other action by </font><font style="display:inline;color:#000000;font-size:11pt;">AC or the </font><font style="display:inline;color:#000000;font-size:11pt;">Company which results in a diminishment in such position, authority, duties, or responsibilities, other than an insubstantial and inadvertent action</font><font style="display:inline;color:#000000;font-size:11pt;"> which is remedied by </font><font style="display:inline;color:#000000;font-size:11pt;">AC or the </font><font style="display:inline;color:#000000;font-size:11pt;">Company; (b) </font><font style="display:inline;color:#000000;font-size:11pt;">a reduction by AC in </font><font style="display:inline;color:#000000;font-size:11pt;">Mr. </font><font style="display:inline;color:#000000;font-size:11pt;">Leach</font><font style="display:inline;color:#000000;font-size:11pt;"> &#x2018;s base salary; </font><font style="display:inline;color:#000000;font-size:11pt;">or (c) </font><font style="display:inline;color:#000000;font-size:11pt;">the failure by AC to (A) continue in effect any material compensation or benefit plan, program, policy or practice in which </font><font style="display:inline;color:#000000;font-size:11pt;">Mr. </font><font style="display:inline;color:#000000;font-size:11pt;">Leach</font><font style="display:inline;color:#000000;font-size:11pt;"> was participating at the time of the </font><font style="display:inline;color:#000000;font-size:11pt;">C</font><font style="display:inline;color:#000000;font-size:11pt;">hange of </font><font style="display:inline;color:#000000;font-size:11pt;">C</font><font style="display:inline;color:#000000;font-size:11pt;">ontrol of </font><font style="display:inline;color:#000000;font-size:11pt;">AC or </font><font style="display:inline;color:#000000;font-size:11pt;">the Company or (B) provide </font><font style="display:inline;color:#000000;font-size:11pt;">Mr. </font><font style="display:inline;color:#000000;font-size:11pt;">Leach</font><font style="display:inline;color:#000000;font-size:11pt;"> with compensation and benefits at least equal (in terms of benefit levels and/or reward opportunities) to those provided for under each employee benefit plan, program, policy and practice as in effect immediately prior to the </font><font style="display:inline;color:#000000;font-size:11pt;">C</font><font style="display:inline;color:#000000;font-size:11pt;">hange in </font><font style="display:inline;color:#000000;font-size:11pt;">C</font><font style="display:inline;color:#000000;font-size:11pt;">ontrol (or as in effect following the Change in Control of </font><font style="display:inline;color:#000000;font-size:11pt;">AC or </font><font style="display:inline;color:#000000;font-size:11pt;">the Company), if greater. </font>
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		<p style="margin:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;color:#000000;font-family:Times New Roman,Times,serif;font-size: 11pt;">
			<font style="display:inline;color:#000000;font-size:11pt;">Mr. </font><font style="display:inline;color:#000000;font-size:11pt;">Leach</font><font style="display:inline;color:#000000;font-size:11pt;"> wi</font><font style="display:inline;color:#000000;font-size:11pt;">ll receive a base salary of $</font><font style="display:inline;color:#000000;font-size:11pt;">290</font><font style="display:inline;color:#000000;font-size:11pt;">,000</font><font style="display:inline;color:#000000;font-size:11pt;"> &nbsp;(</font><a name="_cp_text_1_95"></a><font style="display:inline;color:#000000;font-size:11pt;">to be reviewed on an annual basis), be eligible to</font><font style="display:inline;color:#000000;font-size:11pt;"> participate in AxoGen&#x2019;s current bonus program and receive benefits afforded </font><font style="display:inline;color:#000000;font-size:11pt;">to </font><font style="display:inline;color:#000000;font-size:11pt;">other executive officers.&nbsp; </font><font style="display:inline;color:#000000;font-size:11pt;">He</font><font style="display:inline;color:#000000;font-size:11pt;">&nbsp;</font><font style="display:inline;color:#000000;font-size:11pt;">was</font><font style="display:inline;color:#000000;font-size:11pt;"> granted </font><font style="display:inline;color:#000000;font-size:11pt;">i</font><font style="display:inline;color:#000000;font-size:11pt;">ncentive </font><font style="display:inline;color:#000000;font-size:11pt;">s</font><font style="display:inline;color:#000000;font-size:11pt;">tock </font><font style="display:inline;color:#000000;font-size:11pt;">o</font><font style="display:inline;color:#000000;font-size:11pt;">ption</font><font style="display:inline;color:#000000;font-size:11pt;">s</font><font style="display:inline;color:#000000;font-size:11pt;"> for </font><font style="display:inline;color:#000000;font-size:11pt;">160</font><font style="display:inline;color:#000000;font-size:11pt;">,000 shares</font><font style="display:inline;color:#000000;font-size:11pt;"> of the Company&#x2019;s Common Stock</font><font style="display:inline;color:#000000;font-size:11pt;"> on </font><font style="display:inline;color:#000000;font-size:11pt;">March 1</font><font style="display:inline;color:#000000;font-size:11pt;">4</font><font style="display:inline;color:#000000;font-size:11pt;">, 2016</font><font style="display:inline;color:#000000;font-size:11pt;">, such options having a </font><font style="display:inline;color:#000000;font-size:11pt;">seven-year</font><font style="display:inline;color:#000000;font-size:11pt;"> term, at an exercise price equal to</font><font style="display:inline;color:#000000;font-size:11pt;"> &nbsp;$</font><font style="display:inline;color:#000000;font-size:11pt;">5.30</font><font style="display:inline;color:#000000;font-size:11pt;"> &nbsp;w</font><font style="display:inline;color:#000000;font-size:11pt;">hic</font><font style="display:inline;color:#000000;font-size:11pt;">h was</font><font style="display:inline;color:#000000;font-size:11pt;"> the fair market value of the Com</font><font style="display:inline;color:#000000;font-size:11pt;">pany&#x2019;s </font><font style="display:inline;color:#000000;font-size:11pt;">c</font><font style="display:inline;color:#000000;font-size:11pt;">ommon stock based on</font><font style="display:inline;color:#000000;font-size:11pt;"> the closing price of the Company </font><font style="display:inline;color:#000000;font-size:11pt;">c</font><font style="display:inline;color:#000000;font-size:11pt;">ommon </font><font style="display:inline;color:#000000;font-size:11pt;">s</font><font style="display:inline;color:#000000;font-size:11pt;">tock </font><font style="display:inline;color:#000000;font-size:11pt;">on the option grant date and pursuant to the terms of the Company&#x2019;s form of </font><font style="display:inline;color:#000000;font-size:11pt;">i</font><font style="display:inline;color:#000000;font-size:11pt;">ncentive </font><font style="display:inline;color:#000000;font-size:11pt;">s</font><font style="display:inline;color:#000000;font-size:11pt;">tock </font><font style="display:inline;color:#000000;font-size:11pt;">o</font><font style="display:inline;color:#000000;font-size:11pt;">ptions</font><font style="display:inline;color:#000000;font-size:11pt;">.&nbsp;&nbsp;Such options will vest as to 25% of the shares after one year and 12.5% </font><font style="display:inline;color:#000000;font-size:11pt;">every six</font><font style="display:inline;color:#000000;font-size:11pt;"> months thereafter until fully vested.</font>
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		<p style="margin:0pt;border-top:1pt none #D9D9D9 ;color:#000000;font-family:Times New Roman,Times,serif;font-size: 11pt;">
			<font style="display:inline;font-size:11pt;">&nbsp;</font>
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		<p style="margin:0pt;color:#000000;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
			<font style="display:inline;font-family:Times New Roman,Times,serif;color:#000000;font-size:11pt;">Mr. Leach brings 24 years of marketing and sales experience</font><font style="display:inline;font-family:Times New Roman,Times,serif;color:#000000;font-size:11pt;">,</font><font style="display:inline;font-family:Times New Roman,Times,serif;color:#000000;font-size:11pt;"> having served in leadership positions of </font><font style="display:inline;font-family:Times New Roman,Times,serif;color:#000000;font-size:11pt;">private and public companies addressing </font><font style="display:inline;font-family:Times New Roman,Times,serif;color:#000000;font-size:11pt;">domestic and international markets </font><font style="display:inline;font-family:Times New Roman,Times,serif;color:#000000;font-size:11pt;">in</font><font style="display:inline;font-family:Times New Roman,Times,serif;color:#000000;font-size:11pt;"> the medical device industry. </font><font style="display:inline;font-family:Times New Roman,Times,serif;font-size:11pt;">Prior to joining AxoGen, Mr. Leach worked in a consulting capacity between September 2015 and March 2016 for start-up companies supporting strategic planning and due diligence activities for targeted acquisitions</font><font style="display:inline;font-family:Times New Roman,Times,serif;font-size:11pt;">. &nbsp;</font><font style="display:inline;font-family:Times New Roman,Times,serif;color:#000000;font-size:11pt;">&nbsp;</font><font style="display:inline;font-family:Times New Roman,Times,serif;color:#000000;font-size:11pt;">He previously served as Vice President of Marketing for Stryker within their Orthopedic division, where he led the overall knee strategy from September 2013 through August 2015. From February 2013 to September 2013 he served as marketing consultant for SteadMed Medical,</font><font style="display:inline;font-family:Times New Roman,Times,serif;color:#000000;font-size:11pt;"> a medical device company focus</font><font style="display:inline;font-family:Times New Roman,Times,serif;color:#000000;font-size:11pt;">ing on acute and chronic wounds. From January 2008 to February 2013 he served in marketing roles with increasing responsibility and lastly Vice President, Marketing with ConvaTec, a medical products and technologies company with leading market positions in Wound Therapeutics, Ostomy Care, </font><font style="display:inline;font-family:Times New Roman,Times,serif;color:#000000;font-size:11pt;">Continence and Infusion Devices. </font><font style="display:inline;font-family:Times New Roman,Times,serif;color:#000000;font-size:11pt;"> ConvaTec was acquired by Private Equity firms Nordic Capital and Avista Capital Partners in 2008. Prior to moving to the United States, Mr. K. Leach was a global marketing leader between October 2000 to January 2008 for ConvaTec</font><font style="display:inline;font-family:Times New Roman,Times,serif;color:#000000;font-size:11pt;">,</font><font style="display:inline;font-family:Times New Roman,Times,serif;color:#000000;font-size:11pt;"> a Bristol-Myers Squibb company where he led the launch of new products globally. From Feb</font><font style="display:inline;font-family:Times New Roman,Times,serif;color:#000000;font-size:11pt;">ruary 1999 to October 2000 Mr. Leach</font><font style="display:inline;font-family:Times New Roman,Times,serif;color:#000000;font-size:11pt;"> served as Business Unit Manager at Zimmer UK, within a newly established division for the Orthopedic business unit focusing on market development and commercialization of an Injectable Hyaluronic Acid for the relief of joint pain. From January 1992 to February 1999 </font><font style="display:inline;font-family:Times New Roman,Times,serif;color:#000000;font-size:11pt;">Mr. Leach hel</font><font style="display:inline;font-family:Times New Roman,Times,serif;color:#000000;font-size:11pt;">d various sales and marketing roles within the UK division of ConvaTec. Mr. Leach qualified as a Podiatrist from Queen Margaret University in Edinburgh.</font><font style="display:inline;font-family:Times New Roman,Times,serif;color:#000000;font-size:11pt;">&nbsp;</font>
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		<p style="margin:0pt;border-bottom:1pt none #D9D9D9 ;color:#000000;font-family:Times New Roman,Times,serif;font-size: 11pt;">
			<font style="display:inline;font-size:11pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt;border-top:1pt none #D9D9D9 ;color:#000000;font-family:Times New Roman,Times,serif;font-size: 12pt;">
			<a name="S109990163"></a><font style="display:inline;color:#000000;font-size:11pt;">Mr. </font><font style="display:inline;color:#000000;font-size:11pt;">Leach</font><font style="display:inline;color:#000000;font-size:11pt;"> does not have any</font><font style="display:inline;color:#000000;">&nbsp;</font><a name="SCH1099901630"></a><font style="display:inline;color:#000000;font-size:11pt;">family relationship</font><font style="display:inline;color:#000000;">&nbsp;</font><font style="display:inline;color:#000000;font-size:11pt;">with any director or executive officer, or a person nominated to be a director or executive officer of the Company or AC.&nbsp; </font><font style="display:inline;color:#000000;font-size:11pt;">Mr.&nbsp;</font><font style="display:inline;color:#000000;font-size:11pt;">Leach</font><font style="display:inline;color:#000000;font-size:11pt;"> has not engaged in any transactions with the Company or AC that are required to be disclosed under Item 404(a)&nbsp;of Regulation S-K, nor have any such transactions been proposed.</font><font style="display:inline;color:#000000;font-size:11pt;">&nbsp;</font>
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			<font style="display:inline;color:#000000;font-size:11pt;"></font>
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			<font style="display:inline;font-size:11pt;"></font></p></div><div style="margin-left:10.2941176470588%;margin-right:10.2941176470588%;">
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:0pt;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;">

			&nbsp;

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</div></div><div style="margin-left:10.2941176470588%;margin-right:10.2941176470588%;"><hr align="center" style='background-color:#000000; border-width:0; color:#000000; height:2pt; lineheight:0; width:100%;'></hr><p style="page-break-after:always">&nbsp;</p></div><div style="margin-left:10.2941176470588%;margin-right:10.2941176470588%;"><div style="width:100%">

		<p style="margin:0pt;text-align:center;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;">

			&nbsp;

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</div></div><div style="margin-left:10.2941176470588%;margin-right:10.2941176470588%;"><p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 11pt;"><font style="display:inline;font-size:11pt;">&nbsp;</font>
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		<p style="margin:0pt;color:#000000;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
			<font style="display:inline;font-family:Times New Roman,Times,serif;font-weight:bold;color:#000000;font-size:11pt;">Item 9.01. Financial Statements and Exhibits&nbsp; </font>
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			<font style="display:inline;">&nbsp;</font>
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		<p style="margin:0pt 0pt 0pt 28.8pt;color:#000000;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
			<font style="display:inline;font-family:Times New Roman,Times,serif;color:#000000;font-size:11pt;">(d)</font><font style="display:inline;font-family:Times New Roman,Times,serif;color:#000000;font-size:11pt;;font-size: 11pt;font-family:Arial,Helvetica,sans-serif;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display:inline;font-family:Times New Roman,Times,serif;color:#000000;font-size:11pt;"></font><font style="display:inline;font-family:Times New Roman,Times,serif;color:#000000;font-size:11pt;">Exhibits</font>
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			<font style="display:inline;">&nbsp;</font>
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					<p style="margin:0pt 0pt 0pt 7.2pt;text-indent: -7.2pt;color:#000000;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
						<font style="display:inline;font-family:Times New Roman,Times,serif;color:#000000;font-size:11pt;">Exhibit No.</font></p>
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						&nbsp;</p>
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						<font style="display:inline;font-family:Times New Roman,Times,serif;color:#000000;font-size:11pt;">Description</font></p>
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					<p style="margin:0pt;color:#000000;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
						<font style="display:inline;font-family:Times New Roman,Times,serif;color:#000000;font-size:11pt;">**10.1</font></p>
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						&nbsp;</p>
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					<p style="margin:0pt;color:#000000;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
						<font style="display:inline;font-family:Times New Roman,Times,serif;color:#000000;font-size:11pt;">Executive Employment Agreement dated March 11</font><font style="display:inline;font-family:Times New Roman,Times,serif;color:#000000;font-size:11pt;">, 2016, by and between AxoGen Corporation and Keven Leach.</font></p>
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		<div><hr style="border-width:0;width:25%;height:1pt;color:#000;background-color:#000;" align="left"></hr></div>
		<p style="margin:0pt;color:#000000;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
			<font style="display:inline;font-family:Times New Roman,Times,serif;color:#000000;font-size:11pt;">**</font><font style="display:inline;font-family:Times New Roman,Times,serif;color:#000000;font-size:11pt;">&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display:inline;font-family:Times New Roman,Times,serif;color:#000000;font-size:11pt;">Management contract or compensatory plan or arrangement.</font>
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		<p style="margin:0pt;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;">
			<font style="display:inline;">&nbsp;</font>
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		<p style="margin:0pt;color:#000000;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
			<font style="display:inline;font-family:Times New Roman,Times,serif;color:#000000;font-size:11pt;"></font>
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		<p style="margin:0pt;text-align:center;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
			<font style="display:inline;font-family:Times New Roman,Times,serif;font-weight:bold;color:#000000;font-size:11pt;"></font></p></div><div style="margin-left:10.2941176470588%;margin-right:10.2941176470588%;">
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:0pt;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;">

			&nbsp;

		</p>

</div></div><div style="margin-left:10.2941176470588%;margin-right:10.2941176470588%;"><hr align="center" style='background-color:#000000; border-width:0; color:#000000; height:2pt; lineheight:0; width:100%;'></hr><p style="page-break-after:always">&nbsp;</p></div><div style="margin-left:10.2941176470588%;margin-right:10.2941176470588%;"><div style="width:100%">

		<p style="margin:0pt;text-align:center;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;">

			&nbsp;

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</div></div><div style="margin-left:10.2941176470588%;margin-right:10.2941176470588%;"><p style="margin:0pt;text-align:center;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;"><font style="display:inline;font-family:Times New Roman,Times,serif;font-weight:bold;color:#000000;font-size:11pt;">SIGNATURE</font>
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			<font style="display:inline;font-size:11pt;">&nbsp;</font>
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		<p style="margin:0pt;text-indent:24.5pt;color:#000000;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
			<font style="display:inline;font-family:Times New Roman,Times,serif;color:#000000;font-size:11pt;">Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. </font>
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			<font style="display:inline;font-size:11pt;">&nbsp;</font>
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						<font style="display:inline;font-size:11pt;">&nbsp;</font></p>
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						&nbsp;</p>
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					<p style="margin:0pt;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
						<font style="display:inline;font-family:Times New Roman,Times,serif;font-size:11pt;">AXOGEN, INC.</font></p>
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						<font style="display:inline;font-size:11pt;">&nbsp;</font></p>
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						&nbsp;</p>
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					<p style="margin:0pt 0pt 0pt 7.2pt;text-indent: -7.2pt;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
						<font style="display:inline;font-family:Times New Roman,Times,serif;font-size:11pt;">Date: </font><font style="display:inline;font-family:Times New Roman,Times,serif;font-size:11pt;">March 14</font><font style="display:inline;font-family:Times New Roman,Times,serif;font-size:11pt;">, 2016</font></p>
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						<font style="display:inline;font-family:Times New Roman,Times,serif;font-size:11pt;">By:</font></p>
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					<p style="margin:0pt;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
						<font style="display:inline;font-family:Times New Roman,Times,serif;font-size:11pt;">/s/ Gregory G. Freitag</font></p>
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						<font style="display:inline;font-size:11pt;">&nbsp;</font></p>
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				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;width:03.70%;padding:0pt;">
					<p style="margin:0pt;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;">
						&nbsp;</p>
				</td>
				<td valign="top" style="border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;width:48.08%;border-top:1pt solid #000000 ;padding:0pt;">
					<p style="margin:0pt;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
						<font style="display:inline;font-family:Times New Roman,Times,serif;font-size:11pt;">Gregory G. Freitag</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;width:48.22%;padding:0pt;">
					<p style="margin:0pt;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
						<font style="display:inline;font-size:11pt;">&nbsp;</font></p>
				</td>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;width:03.70%;padding:0pt;">
					<p style="margin:0pt;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;">
						&nbsp;</p>
				</td>
				<td valign="top" style="border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;width:48.08%;padding:0pt;">
					<p style="margin:0pt;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
						<font style="display:inline;font-family:Times New Roman,Times,serif;font-size:11pt;">General</font><font style="display:inline;font-family:Times New Roman,Times,serif;font-size:11pt;">&nbsp;</font><font style="display:inline;font-family:Times New Roman,Times,serif;font-size:11pt;">Counsel</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;width:48.22%;padding:0pt;">
					<p style="margin:0pt;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
						<font style="display:inline;font-size:11pt;">&nbsp;</font></p>
				</td>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;width:03.70%;padding:0pt;">
					<p style="margin:0pt;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;">
						&nbsp;</p>
				</td>
				<td valign="top" style="border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;width:48.08%;padding:0pt;">
					<p style="margin:0pt;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
						<font style="display:inline;font-family:Times New Roman,Times,serif;font-size:11pt;">&amp; Senior VP of Business</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;width:48.22%;padding:0pt;">
					<p style="margin:0pt;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
						<font style="display:inline;font-size:11pt;">&nbsp;</font></p>
				</td>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;width:03.70%;padding:0pt;">
					<p style="margin:0pt;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;">
						&nbsp;</p>
				</td>
				<td valign="top" style="border-left:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;width:48.08%;padding:0pt;">
					<p style="margin:0pt;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
						<font style="display:inline;font-family:Times New Roman,Times,serif;font-size:11pt;">&nbsp;</font><font style="display:inline;font-family:Times New Roman,Times,serif;font-size:11pt;">Development</font></p>
				</td>
			</tr>
		</table></div>
		<p style="margin:0pt;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
			<font style="display:inline;font-family:Times New Roman,Times,serif;font-size:11pt;"></font>
		</p>
		<p style="margin:0pt;text-indent:24.5pt;text-align:center;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
			<font style="display:inline;font-family:Times New Roman,Times,serif;font-weight:bold;font-size:11pt;"></font></p></div><div style="margin-left:10.2941176470588%;margin-right:10.2941176470588%;">
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:0pt;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;">

			&nbsp;

		</p>

</div></div><div style="margin-left:10.2941176470588%;margin-right:10.2941176470588%;"><hr align="center" style='background-color:#000000; border-width:0; color:#000000; height:2pt; lineheight:0; width:100%;'></hr><p style="page-break-after:always">&nbsp;</p></div><div style="margin-left:10.2941176470588%;margin-right:10.2941176470588%;"><div style="width:100%">

		<p style="margin:0pt;text-align:center;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;">

			&nbsp;

		</p>

</div></div><div style="margin-left:10.2941176470588%;margin-right:10.2941176470588%;"><p style="margin:0pt;text-indent:24.5pt;text-align:center;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;"><font style="display:inline;font-family:Times New Roman,Times,serif;font-weight:bold;font-size:11pt;">EXHIBIT INDEX</font>
		</p>
		<p style="margin:0pt;text-indent:24.5pt;text-align:center;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;">
			<font style="display:inline;">&nbsp;</font>
		</p>
		<div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 100.00%;margin-left:0pt;">
			<tr>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;width:12.22%;border-bottom:1pt solid #000000 ;padding:0pt;">
					<p style="margin:0pt;text-align:right;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
						<font style="display:inline;font-family:Times New Roman,Times,serif;font-weight:bold;font-size:11pt;">Exhibit</font><br /><font style="display:inline;font-family:Times New Roman,Times,serif;font-weight:bold;font-size:11pt;"></font><font style="display:inline;font-family:Times New Roman,Times,serif;font-weight:bold;font-size:11pt;">No.</font></p>
				</td>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;width:01.66%;padding:0pt;">
					<p style="margin:0pt;text-indent:24.5pt;text-align:center;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;">
						&nbsp;</p>
				</td>
				<td valign="top" style="border-left:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;width:86.12%;border-bottom:1pt solid #000000 ;padding:0pt;">
					<p style="margin:0pt;text-indent:24.5pt;text-align:center;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
						<font style="display:inline;font-family:Times New Roman,Times,serif;font-weight:bold;font-size:11pt;">Description</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;width:12.22%;border-top:1pt solid #000000 ;padding:0pt;">
					<p style="margin:0pt;text-align:right;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
						<font style="display:inline;font-family:Times New Roman,Times,serif;font-weight:bold;font-size:11pt;">**10.1</font></p>
				</td>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;width:01.66%;padding:0pt;">
					<p style="margin:0pt;text-indent:24.5pt;text-align:center;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;">
						&nbsp;</p>
				</td>
				<td valign="top" style="border-left:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;width:86.12%;border-top:1pt solid #000000 ;padding:0pt;">
					<p style="margin:0pt;text-indent:24.5pt;text-align:center;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
						<font style="display:inline;font-family:Times New Roman,Times,serif;font-weight:bold;font-size:11pt;">Executive Employment Agreement dated March 11, 2016, by and between</font><font style="display:inline;font-family:Times New Roman,Times,serif;font-weight:bold;font-size:11pt;">&nbsp;</font><font style="display:inline;font-family:Times New Roman,Times,serif;font-weight:bold;font-size:11pt;">AxoGen Corporation and Keven Leach.</font></p>
				</td>
			</tr>
		</table></div>
		<div><hr style="border-width:0;width:25%;height:1pt;color:#000;background-color:#000;" align="left"></hr></div>
		<p style="margin:0pt;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
			<font style="display:inline;font-family:Times New Roman,Times,serif;font-weight:bold;font-size:11pt;">**</font><font style="display:inline;font-family:Times New Roman,Times,serif;font-weight:bold;font-size:11pt;">&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display:inline;font-family:Times New Roman,Times,serif;font-weight:bold;font-size:11pt;">Management contract or compensatory plan or arrangement.</font>
		</p></div><div style="margin-left:10.2941176470588%;margin-right:10.2941176470588%;">
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:0pt;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;">

			&nbsp;

		</p>

</div></div><div style="margin-left:10.2941176470588%;margin-right:10.2941176470588%;"><hr align="center" style='background-color:#000000; border-width:0; color:#000000; height:2pt; lineheight:0; width:100%;'></hr></div>
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</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-10.1
<SEQUENCE>2
<FILENAME>axgn-20160314ex101871480.htm
<DESCRIPTION>EX-10.1
<TEXT>
<!--HTML document created with Merrill Bridge  6.1.177.0-->
<!--Created on: 3/14/2016 4:06:15 PM-->
<html>
	<head>
		<title>
			axgn_EX10_1
		</title>
	</head>
	<body><div style="margin-left:5.88235294117647%;margin-right:5.88235294117647%;"></div><div style="margin-left:5.88235294117647%;margin-right:5.88235294117647%;">
		<p style="margin:0pt;text-align:right;border-bottom:1pt none #D9D9D9 ;font-weight:bold;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
			<a name="_DV_M0"></a><a name="_GoBack"></a><font style="display:inline;font-size:11pt;">Exhibit 10.1</font>
		</p>
		<p style="margin:0pt;text-align:right;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-weight:bold;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;">
			<font style="display:inline;font-size:10pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-align:center;font-weight:bold;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
			<font style="display:inline;font-size:11pt;text-decoration:underline;">EXECUTIVE EMPLOYMENT AGREEMENT</font>
		</p>
		<p style="margin:0pt;border-top:1pt none #D9D9D9 ;text-align:center;font-weight:bold;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;">
			<font style="display:inline;font-size:10pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
			<a name="_DV_M1"></a><font style="display:inline;font-weight:bold;font-size:11pt;">THIS EXECUTIVE EMPLOYMENT </font><font style="display:inline;font-size:11pt;">AGREEMENT</font><font style="display:inline;font-size:11pt;"> (the "Agreement"), effective as of </font><font style="display:inline;font-size:11pt;">March </font><font style="display:inline;font-size:11pt;">11</font><font style="display:inline;font-size:11pt;">, &nbsp;</font><font style="display:inline;font-size:11pt;">201</font><font style="display:inline;font-size:11pt;">6</font><font style="display:inline;font-size:11pt;">, is made by and between AXOGEN</font><font style="display:inline;font-size:11pt;"> CORPORATION</font><font style="display:inline;font-size:11pt;">, a Delaware corporation (&#x201C;AXOGEN" or "Employer"), and </font><font style="display:inline;font-size:11pt;">Kevin Leach</font><font style="display:inline;font-size:11pt;"> ("Employee"), whose resident address is</font><font style="display:inline;font-size:11pt;">&nbsp;</font><font style="display:inline;font-size:11pt;">1</font><font style="display:inline;font-size:11pt;">6 Rowland Drive</font><font style="display:inline;font-size:11pt;">&nbsp;</font><font style="display:inline;font-size:11pt;">Hillsborough, NJ&nbsp;&nbsp;08844</font><font style="display:inline;font-size:11pt;">&nbsp;</font><font style="display:inline;font-size:11pt;">(collectively, the "Parties").&nbsp; </font>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;">
			<font style="display:inline;font-size:10pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt;border-bottom:1pt none #D9D9D9 ;text-align:center;font-weight:bold;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
			<a name="_DV_M2"></a><font style="display:inline;font-size:11pt;">RECITALS:</font>
		</p>
		<p style="margin:0pt;border-top:1pt none #D9D9D9 ;text-align:center;font-weight:bold;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;">
			<font style="display:inline;font-size:10pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt;border-bottom:1pt none #D9D9D9 ;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
			<a name="_DV_M3"></a><font style="display:inline;font-size:11pt;">A.</font><font style="display:inline;font-size:11pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display:inline;font-size:11pt;">WHEREAS, AXOGEN believes it is in its best interest to employ Employee, and Employee desires to be employed by AXOGEN; and </font>
		</p>
		<p style="margin:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;">
			<font style="display:inline;font-size:10pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
			<a name="_DV_M4"></a><font style="display:inline;font-size:11pt;">B.</font><font style="display:inline;font-size:11pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display:inline;font-size:11pt;">WHEREAS, AXOGEN and Employee desire to set forth the terms and conditions on which Employee shall be employed by and perform duties on behalf of AXOGEN.</font>
		</p>
		<p style="margin:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;">
			<font style="display:inline;font-size:10pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
			<a name="_DV_M5"></a><font style="display:inline;font-size:11pt;">NOW, THEREFORE, in consideration of the promises set forth in this Agreement, and for other good and valuable consideration, the receipt and adequacy of which is acknowledged by this Agreement, the Parties to this Agreement, intending to be legally bound, agree as follows:</font>
		</p>
		<p style="margin:0pt;border-top:1pt none #D9D9D9 ;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;">
			<font style="display:inline;font-size:10pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt;border-bottom:1pt none #D9D9D9 ;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
			<a name="_DV_M6"></a><font style="display:inline;font-size:11pt;">1.</font><font style="display:inline;font-size:11pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display:inline;font-size:11pt;text-decoration:underline;">Employment</font><font style="display:inline;font-size:11pt;">.&nbsp;&nbsp;AXOGEN hereby employ</font><font style="display:inline;font-size:11pt;">s</font><font style="display:inline;font-size:11pt;"> Employee, and Employee hereby accepts such employment, </font><font style="display:inline;font-size:11pt;">beginning March </font><font style="display:inline;font-size:11pt;">14</font><font style="display:inline;font-size:11pt;">, 2016, </font><font style="display:inline;font-size:11pt;">all upon the terms and conditions set forth in this Agreement, including those set forth in the attached Schedules and Exhibits.&nbsp; </font>
		</p>
		<p style="margin:0pt;border-top:1pt none #D9D9D9 ;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;">
			<font style="display:inline;font-size:10pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt;border-bottom:1pt none #D9D9D9 ;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
			<a name="_DV_M7"></a><font style="display:inline;font-size:11pt;">(a)</font><font style="display:inline;font-size:11pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display:inline;font-size:11pt;text-decoration:underline;">Duties of Employee</font><font style="display:inline;font-size:11pt;">.&nbsp;&nbsp;The duties of Employee are set forth on Schedule 1 of this Agreement, which is attached hereto and incorporated herein by reference.</font>
		</p>
		<p style="margin:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;">
			<font style="display:inline;font-size:10pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
			<a name="_DV_M8"></a><font style="display:inline;font-size:11pt;">(b)</font><font style="display:inline;font-size:11pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display:inline;font-size:11pt;text-decoration:underline;">Compensation and Benefits</font><font style="display:inline;font-size:11pt;">.&nbsp;&nbsp;The compensation and benefits to which Employee may be entitled pursuant to this Agreement are set forth on Schedule 2 of this Agreement, which is attached hereto and incorporated herein by reference.</font>
		</p>
		<p style="margin:0pt;border-top:1pt none #D9D9D9 ;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;">
			<font style="display:inline;font-size:10pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt;border-bottom:1pt none #D9D9D9 ;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
			<a name="_DV_M9"></a><font style="display:inline;font-size:11pt;">2.</font><font style="display:inline;font-size:11pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display:inline;font-size:11pt;text-decoration:underline;">Invention Assignment and Confidentiality Agreement</font><font style="display:inline;font-size:11pt;">.&nbsp;&nbsp;Contemporaneously with the execution and delivery of this Agreement, Employee shall enter into an Invention Assignment and Confidentiality Agreement attached hereto as Exhibit "A" to this Agreement (the "Invention </font><font style="display:inline;color:#000000;font-size:11pt;">and Confidentiality </font><font style="display:inline;font-size:11pt;">Agreement"), which shall be incorporated herein by reference.</font>
		</p>
		<p style="margin:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;">
			<font style="display:inline;font-size:10pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
			<a name="_DV_M10"></a><font style="display:inline;font-size:11pt;">3.</font><font style="display:inline;font-size:11pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display:inline;font-size:11pt;text-decoration:underline;">Non-Competition Agreement</font><font style="display:inline;font-size:11pt;">.&nbsp;&nbsp;Contemporaneously with the execution and delivery of this Agreement, Employee shall enter into a Non-Solicitation and Non-Competition Agreement attached hereto as Exhibit "B" to this Agreement (the "NSNC Agreement") which shall be </font><font style="display:inline;color:#000000;font-size:11pt;">incorporated herein by reference. </font>
		</p>
		<p style="margin:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;">
			<font style="display:inline;font-size:10pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
			<a name="_DV_M11"></a><font style="display:inline;color:#000000;font-size:11pt;">4</font><font style="display:inline;font-size:11pt;">.</font><font style="display:inline;font-size:11pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display:inline;font-size:11pt;text-decoration:underline;">Termination</font><font style="display:inline;font-size:11pt;">. &nbsp;</font>
		</p>
		<p style="margin:0pt;border-top:1pt none #D9D9D9 ;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;">
			<font style="display:inline;font-size:10pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
			<a name="_DV_M12"></a><font style="display:inline;font-size:11pt;">(a)</font><font style="display:inline;font-size:11pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display:inline;font-size:11pt;text-decoration:underline;">At-will.</font><font style="display:inline;font-size:11pt;"> &nbsp; &nbsp;</font><font style="display:inline;font-size:11pt;">Either AXOGEN or Employee may terminate this Agreement at any time during the course of Employee's employment and for any reason, upon giving written notice to the other party.&nbsp;&nbsp;Employer shall have no further liability or obligation to Employee other than to pay for services rendered through Employee's last date of employment.&nbsp;&nbsp;If Employee elects to terminate this Agreement and provides Employer with any notice period prior to the date of termination, Employer may elect to terminate this Agreement immediately thereon and incur no further obligation to Employee other than for wages worked through the date of termination of this Agreement.&nbsp;&nbsp;It is the intention of the Parties that at all times this shall be an at-will employment relationship during the course of Employee's employment with Employer.&nbsp;&nbsp;Nothing </font>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;">
			<font style="display:inline;font-size:10pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt;text-align:left;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
			<font style="display:inline;font-size:11pt;"></font>
		</p>
		<p style="margin:0pt;text-align:left;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;">
			<font style="display:inline;font-size:10pt;"></font></p></div><div style="margin-left:5.88235294117647%;margin-right:5.88235294117647%;">
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:24pt 0pt 0pt;text-align:center;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 12pt;">

			<font style="display:inline;font-size:11pt;">Page</font><font style="display:inline;">&nbsp;</font><font style="display:inline;font-size:11pt;">1</font><font style="display:inline;font-size:11pt;"></font><font style="display:inline;font-size:11pt;"></font><font style="display:inline;font-size:11pt;"></font><font style="display:inline;font-size:11pt;"></font>

		</p>

</div></div><div style="margin-left:5.88235294117647%;margin-right:5.88235294117647%;"><hr align="center" style='background-color:#000000; border-width:0; color:#000000; height:2pt; lineheight:0; width:100%;'></hr><p style="page-break-after:always">&nbsp;</p></div><div style="margin-left:5.88235294117647%;margin-right:5.88235294117647%;"></div><div style="margin-left:5.88235294117647%;margin-right:5.88235294117647%;"><p style="margin:0pt;text-align:left;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;"><font style="display:inline;font-size:10pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
			<font style="display:inline;font-size:11pt;">contained in this Agreement shall be deemed or construed to create a contractual relationship between the Parties for a specific duration of time.&nbsp; </font>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;">
			<font style="display:inline;font-size:10pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;border-bottom:1pt none #D9D9D9 ;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
			<font style="display:inline;font-size:11pt;">(b)</font><font style="display:inline;font-size:11pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display:inline;font-size:11pt;text-decoration:underline;">Death.</font><font style="display:inline;font-size:11pt;"> &nbsp;In the event of the death of the Employee, this Agreement shall terminate on the date of Employee's death, without any liability to or upon the Employer other than to pay for services rendered prior to the date of the Employee&#x2019;s death.&nbsp; </font>
		</p>
		<p style="margin:0pt;border-top:1pt none #D9D9D9 ;text-indent:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;">
			<font style="display:inline;font-size:10pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt;border-bottom:1pt none #D9D9D9 ;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 12pt;">
			<a name="_DV_M15"></a><a name="_DV_M17"></a><font style="display:inline;">(c)</font><font style="display:inline;font-size:11pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display:inline;font-size:11pt;text-decoration:underline;">Permanent Disability.</font><font style="display:inline;font-size:11pt;"> &nbsp;For purposes of this Agreement, the term "Permanent Disability" shall mean a physical or mental incapacity of Employee, which renders Employee unable to perform Employee&#x2019;s duties pursuant to this Agreement, and which shall continue for ninety (90) consecutive days or one hundred and eighty (180) days during any twelve month period.</font><a name="_DV_M18"></a><font style="display:inline;font-size:11pt;"> &nbsp;If AXOGEN or Employee terminates Employee's employment by reason of Permanent Disability of Employee, this Agreement shall terminate immediately upon written notice by AXOGEN to Employee, or the date Employee gives notice to terminate employment to AXOGEN, without any liability to or upon the Employer other than to pay for services rendered through the termination date.</font><a name="_DV_M28"></a><font style="display:inline;font-size:11pt;"> &nbsp; &nbsp;</font><font style="display:inline;font-size:11pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt;text-indent:0pt;border-top:1pt none #D9D9D9 ;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;">
			<font style="display:inline;font-size:10pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt;border-bottom:1pt none #D9D9D9 ;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
			<a name="_DV_M25"></a><a name="_DV_M30"></a><font style="display:inline;font-size:11pt;">5.</font><font style="display:inline;font-size:11pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display:inline;color:#000000;font-size:11pt;text-decoration:underline;">Change in Control</font><font style="display:inline;color:#000000;font-size:11pt;">.&nbsp; </font>
		</p>
		<p style="margin:0pt;border-top:1pt none #D9D9D9 ;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;">
			<font style="display:inline;font-size:10pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt;border-bottom:1pt none #D9D9D9 ;color:#000000;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
			<a name="_DV_M31"></a><font style="display:inline;color:#000000;font-size:11pt;">(a)</font><font style="display:inline;color:#000000;font-size:11pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display:inline;color:#000000;font-size:11pt;text-decoration:underline;">Definition</font><font style="display:inline;color:#000000;font-size:11pt;">.&nbsp;&nbsp;For the purposes of this Agreement, a "Change in Control" shall mean the occurrence of any of the following events:</font>
		</p>
		<p style="margin:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;color:#000000;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;">
			<font style="display:inline;font-size:10pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 72pt;text-indent:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
			<font style="display:inline;color:#000000;font-size:11pt;">(i)</font><font style="display:inline;color:#000000;font-size:11pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display:inline;color:#000000;font-size:11pt;">any "person" (as that term is used in Sections 13(d) and 14(d) of the Securities Exchange Act of 1934, as amended ("Exchange Act")), who holds less than twenty percent (20%) of the combined voting power of the securities of AXOGEN</font><font style="display:inline;color:#000000;font-size:11pt;"> or its</font><font style="display:inline;color:#000000;font-size:11pt;"> parent company AxoGen, Inc. (&#x201C;INC.&#x201D;)</font><font style="display:inline;color:#000000;font-size:11pt;">,</font><font style="display:inline;color:#000000;font-size:11pt;">&nbsp;</font><font style="display:inline;color:#000000;font-size:11pt;">becomes the "beneficial owner" (as defined in Rule 13d-3 under the Exchange Act), directly or indirectly, of securities of AXOGEN</font><font style="display:inline;color:#000000;font-size:11pt;"> or </font><font style="display:inline;color:#000000;font-size:11pt;">INC</font><font style="display:inline;color:#000000;font-size:11pt;">.</font><font style="display:inline;color:#000000;font-size:11pt;"> representing fifty percent (50%) or more of the combined voting power of the securities of </font><font style="display:inline;color:#000000;font-size:11pt;">either </font><font style="display:inline;color:#000000;font-size:11pt;">AXOGEN</font><font style="display:inline;color:#000000;font-size:11pt;"> or </font><font style="display:inline;color:#000000;font-size:11pt;">I</font><font style="display:inline;color:#000000;font-size:11pt;">NC</font><font style="display:inline;color:#000000;font-size:11pt;">.</font><font style="display:inline;color:#000000;font-size:11pt;"> then outstanding; or</font>
		</p>
		<p style="margin:0pt 0pt 0pt 72pt;text-indent: -36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;">
			<font style="display:inline;font-size:10pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 72pt;text-indent:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
			<font style="display:inline;color:#000000;font-size:11pt;">(ii)</font><font style="display:inline;color:#000000;font-size:11pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display:inline;color:#000000;font-size:11pt;">during any period of twenty-four (24) consecutive months, individuals, who, at the beginning of such period constitute all members of the Board of Directors of </font><font style="display:inline;color:#000000;font-size:11pt;">INC.</font><font style="display:inline;color:#000000;font-size:11pt;"> (the "Board") and cease, for any reason, to constitute at least a majority of the Board, unless the election of each director who was not a director at the beginning of the period was</font><font style="display:inline;color:#000000;font-size:11pt;"> either</font><font style="display:inline;color:#000000;font-size:11pt;">&nbsp;</font><font style="display:inline;color:#000000;font-size:11pt;">nominated for election by, or&nbsp; </font><font style="display:inline;color:#000000;font-size:11pt;">approved by a vote of</font><font style="display:inline;color:#000000;font-size:11pt;">,</font><font style="display:inline;color:#000000;font-size:11pt;"> at least two-thirds of the directors then still in office who were directors at the beginning of the period; or</font>
		</p>
		<p style="margin:0pt 0pt 0pt 72pt;text-indent: -36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;">
			<font style="display:inline;font-size:10pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 72pt;text-indent:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
			<font style="display:inline;color:#000000;font-size:11pt;">(iii)</font><font style="display:inline;color:#000000;font-size:11pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display:inline;color:#000000;font-size:11pt;">AXOGEN</font><font style="display:inline;color:#000000;font-size:11pt;"> or </font><font style="display:inline;color:#000000;font-size:11pt;">INC</font><font style="display:inline;color:#000000;font-size:11pt;">.</font><font style="display:inline;color:#000000;font-size:11pt;"> consolidates or merges with another company, and AXOGEN</font><font style="display:inline;color:#000000;font-size:11pt;"> or </font><font style="display:inline;color:#000000;font-size:11pt;">INC</font><font style="display:inline;color:#000000;font-size:11pt;">.</font><font style="display:inline;color:#000000;font-size:11pt;"> is not the continuing or surviving corporation</font><font style="display:inline;color:#000000;font-size:11pt;">, provided, however, that any consolidation or merger whereby </font><font style="display:inline;color:#000000;font-size:11pt;">INC. </font><font style="display:inline;color:#000000;font-size:11pt;">continues as the majority holder of </font><font style="display:inline;color:#000000;font-size:11pt;">AXOGEN</font><font style="display:inline;color:#000000;font-size:11pt;"> securities or a merger or consolidation of AXOGEN and </font><font style="display:inline;color:#000000;font-size:11pt;">INC</font><font style="display:inline;color:#000000;font-size:11pt;">. will not constitute a Change in Control</font><font style="display:inline;color:#000000;font-size:11pt;">; or </font>
		</p>
		<p style="margin:0pt 0pt 0pt 72pt;text-indent: -36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;">
			<font style="display:inline;font-size:10pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 72pt;text-indent:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
			<font style="display:inline;color:#000000;font-size:11pt;">(iv)</font><font style="display:inline;color:#000000;font-size:11pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display:inline;color:#000000;font-size:11pt;">shares of AXOGEN&#x2019;s</font><font style="display:inline;color:#000000;font-size:11pt;"> or </font><font style="display:inline;color:#000000;font-size:11pt;">INC</font><font style="display:inline;color:#000000;font-size:11pt;">.&#x2019;s</font><font style="display:inline;color:#000000;font-size:11pt;"> common stock are converted into cash, securities, or other property, other than by a merger of AXOGEN</font><font style="display:inline;color:#000000;font-size:11pt;"> or </font><font style="display:inline;color:#000000;font-size:11pt;">INC</font><font style="display:inline;color:#000000;font-size:11pt;">.</font><font style="display:inline;color:#000000;font-size:11pt;">, pursuant to Section 5(a)(iii), in which the holders of AXOGEN&#x2019;s</font><font style="display:inline;color:#000000;font-size:11pt;"> or </font><font style="display:inline;color:#000000;font-size:11pt;">INC</font><font style="display:inline;color:#000000;font-size:11pt;">.&#x2019;s</font><font style="display:inline;color:#000000;font-size:11pt;"> common stock immediately prior to the merger have the same proportionate ownership of common stock of the surviving corporation as immediately after the merger; or</font>
		</p>
		<p style="margin:0pt 0pt 0pt 72pt;text-indent: -36pt;border-top:1pt none #D9D9D9 ;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;">
			<font style="display:inline;font-size:10pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt;text-align:left;color:#000000;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
			<font style="display:inline;color:#000000;font-size:11pt;"></font>
		</p>
		<p style="margin:0pt;text-align:left;color:#000000;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;">
			<font style="display:inline;font-size:10pt;"></font></p></div><div style="margin-left:5.88235294117647%;margin-right:5.88235294117647%;">
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:24pt 0pt 0pt;text-align:center;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 12pt;">

			<font style="display:inline;font-size:11pt;">Page</font><font style="display:inline;">&nbsp;</font><font style="display:inline;font-size:11pt;">2</font><font style="display:inline;font-size:11pt;"></font><font style="display:inline;font-size:11pt;"></font><font style="display:inline;font-size:11pt;"></font><font style="display:inline;font-size:11pt;"></font>

		</p>

</div></div><div style="margin-left:5.88235294117647%;margin-right:5.88235294117647%;"><hr align="center" style='background-color:#000000; border-width:0; color:#000000; height:2pt; lineheight:0; width:100%;'></hr><p style="page-break-after:always">&nbsp;</p></div><div style="margin-left:5.88235294117647%;margin-right:5.88235294117647%;"></div><div style="margin-left:5.88235294117647%;margin-right:5.88235294117647%;"><p style="margin:0pt;text-align:left;color:#000000;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;"><font style="display:inline;font-size:10pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 72pt;text-indent:0pt;border-bottom:1pt none #D9D9D9 ;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
			<font style="display:inline;color:#000000;font-size:11pt;">(v)</font><font style="display:inline;color:#000000;font-size:11pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display:inline;color:#000000;font-size:11pt;">AXOGEN</font><font style="display:inline;color:#000000;font-size:11pt;"> or </font><font style="display:inline;color:#000000;font-size:11pt;">INC</font><font style="display:inline;color:#000000;font-size:11pt;">.</font><font style="display:inline;color:#000000;font-size:11pt;"> sells, leases, exchanges, or otherwise transfers all, or substantially all, of its assets (in one transaction or in a series of related transactions)</font><font style="display:inline;color:#000000;font-size:11pt;">, provided, however, that any such transaction related to </font><font style="display:inline;color:#000000;font-size:11pt;">AXOGEN</font><font style="display:inline;color:#000000;font-size:11pt;"> whereby </font><font style="display:inline;color:#000000;font-size:11pt;">INC.</font><font style="display:inline;color:#000000;font-size:11pt;"> continues as the majority holder of </font><font style="display:inline;color:#000000;font-size:11pt;">AXOGEN</font><font style="display:inline;color:#000000;font-size:11pt;"> securities or </font><font style="display:inline;color:#000000;font-size:11pt;">INC.</font><font style="display:inline;color:#000000;font-size:11pt;"> is the sole other party to the transaction, will not constitute a Change in Control</font><font style="display:inline;color:#000000;font-size:11pt;">; or</font>
		</p>
		<p style="margin:0pt 0pt 0pt 72pt;text-indent: -36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;">
			<font style="display:inline;font-size:10pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 72pt;text-indent:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
			<font style="display:inline;color:#000000;font-size:11pt;">(vi)</font><font style="display:inline;color:#000000;font-size:11pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display:inline;color:#000000;font-size:11pt;">the holders of AXOGEN&#x2019;s </font><font style="display:inline;color:#000000;font-size:11pt;">or </font><font style="display:inline;color:#000000;font-size:11pt;">INC</font><font style="display:inline;color:#000000;font-size:11pt;">.&#x2019;s </font><font style="display:inline;color:#000000;font-size:11pt;">stock approve a plan or proposal for the liquidation or dissolution of AXOGEN</font><font style="display:inline;color:#000000;font-size:11pt;"> or </font><font style="display:inline;color:#000000;font-size:11pt;">INC</font><font style="display:inline;color:#000000;font-size:11pt;">.</font>
		</p>
		<p style="margin:0pt 0pt 0pt 72pt;text-indent: -36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;">
			<font style="display:inline;font-size:10pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 72pt;text-indent: -36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
			<font style="display:inline;color:#000000;font-size:11pt;">(b)</font><font style="display:inline;color:#000000;font-size:11pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display:inline;color:#000000;font-size:11pt;text-decoration:underline;">Severance</font><font style="display:inline;color:#000000;font-size:11pt;">.</font>
		</p>
		<p style="margin:0pt 0pt 0pt 72pt;text-indent: -36pt;border-top:1pt none #D9D9D9 ;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;">
			<font style="display:inline;font-size:10pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 72pt;border-bottom:1pt none #D9D9D9 ;color:#000000;text-indent:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
			<font style="display:inline;color:#000000;font-size:11pt;">(i)</font><font style="display:inline;color:#000000;font-size:11pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display:inline;color:#000000;font-size:11pt;text-decoration:underline;">Termination in Connection with a Change of Control</font><font style="display:inline;color:#000000;font-size:11pt;">.&nbsp;&nbsp;In the event of Employee&#x2019;s termination of employment by AXOGEN without Substantial Cause (as defined below) upon or within one hundred and eighty (180) days following a Change in Control or by Employee for Good Reason (as defined below), Employee will be entitled to a severance payment consisting of twelve (12) months of Employee's base salary</font><font style="display:inline;color:#000000;font-size:11pt;">, an amount equal to any bonuses paid to Employee during the twelve (12) month period prior to Employee&#x2019;s termination of employment</font><font style="display:inline;color:#000000;font-size:11pt;">.&nbsp;&nbsp;For purposes of this Agreement, &#x201C;Substantial Cause&#x201D; means: (A) the commission by Employee of any act of fraud, theft, or embezzlement; (B) any material breach by Employee of this Agreement, provided that AXOGEN shall have first delivered to Employee written notice of the alleged breach, specifying the exact nature of the breach in detail, and provided, further, that Employee shall have failed to cure or substantially mitigate such breach within ten (10) days after receiving such written notice; (C) commission or conviction of any felony, or of any misdemeanor involving moral turpitude, or entry of a plea of guilty or nolo contendere to any felony or misdemeanor; (D) material failure to adhere to AXOGEN's</font><font style="display:inline;color:#000000;font-size:11pt;"> or I</font><font style="display:inline;color:#000000;font-size:11pt;">NC</font><font style="display:inline;color:#000000;font-size:11pt;">.&#x2019;s</font><font style="display:inline;color:#000000;font-size:11pt;"> corporate codes, policies or procedures which have been adopted in good faith for a valid business purpose as in effect from time to time; or (E) failure to meet reasonable performance standards as determined by AXOGEN</font><font style="display:inline;color:#000000;font-size:11pt;"> or I</font><font style="display:inline;color:#000000;font-size:11pt;">NC</font><font style="display:inline;color:#000000;font-size:11pt;">.&nbsp;&nbsp;For purposes of this Agreement, &#x201C;Good Reason&#x201D; shall mean Employee&#x2019;s resignation from employment upon or within ninety (90) days following a Change of Control</font><font style="display:inline;color:#000000;font-size:11pt;">,</font><font style="display:inline;color:#000000;font-size:11pt;"> if AXOGEN</font><font style="display:inline;color:#000000;font-size:11pt;"> or INC.</font><font style="display:inline;color:#000000;font-size:11pt;"> is not the surviving entity, provided that Substantial Cause for termination of Employee&#x2019;s employment does not exist </font><font style="display:inline;color:#000000;font-size:11pt;">at the time of such resignation and the resignation is the result of </font><font style="display:inline;color:#000000;font-size:11pt;">the occurrence of any one or more of the following:</font>
		</p>
		<p style="margin:0pt 0pt 0pt 72pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;color:#000000;text-indent:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;">
			<font style="display:inline;font-size:10pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 108pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;color:#000000;text-indent:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 12pt;">
			<font style="display:inline;color:#000000;">a)</font><font style="display:inline;color:#000000;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display:inline;color:#000000;font-size:11pt;">the assignment to Employee of any duties inconsistent in any respect with his/her position (including status, offices, titles, and reporting requirements), authorities, duties, or other responsibilities as in effect immediately prior to the Change in Control of </font><font style="display:inline;color:#000000;font-size:11pt;">Employer or INC.</font><font style="display:inline;color:#000000;font-size:11pt;"> or any other action of </font><font style="display:inline;color:#000000;font-size:11pt;">Employer or INC.</font><font style="display:inline;color:#000000;font-size:11pt;">which results in a diminishment in such position, authority, duties, or responsibilities, other than an insubstantial and inadvertent action which is remedied by </font><font style="display:inline;color:#000000;font-size:11pt;">Employer or INC.</font><font style="display:inline;color:#000000;font-size:11pt;">promptly after receipt of notice thereof given by Employee;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 108pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;color:#000000;text-indent:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;">
			<font style="display:inline;font-size:10pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 108pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;color:#000000;text-indent:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 12pt;">
			<font style="display:inline;color:#000000;">b)</font><font style="display:inline;color:#000000;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display:inline;color:#000000;font-size:11pt;">a reduction by </font><font style="display:inline;color:#000000;font-size:11pt;">AXOGEN</font><font style="display:inline;color:#000000;font-size:11pt;"> in Employee's base salary as in effect on the date hereof and as the same shall be increased from time to time hereafter; </font>
		</p>
		<p style="margin:0pt 0pt 0pt 108pt;border-top:1pt none #D9D9D9 ;color:#000000;text-indent:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;">
			<font style="display:inline;font-size:10pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt;text-align:left;color:#000000;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 12pt;">
			<font style="display:inline;color:#000000;"></font>
		</p>
		<p style="margin:0pt;text-align:left;color:#000000;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 12pt;">
			<font style="display:inline;"></font></p></div><div style="margin-left:5.88235294117647%;margin-right:5.88235294117647%;">
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:24pt 0pt 0pt;text-align:center;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 12pt;">

			<font style="display:inline;font-size:11pt;">Page</font><font style="display:inline;">&nbsp;</font><font style="display:inline;font-size:11pt;">3</font><font style="display:inline;font-size:11pt;"></font><font style="display:inline;font-size:11pt;"></font><font style="display:inline;font-size:11pt;"></font><font style="display:inline;font-size:11pt;"></font>

		</p>

</div></div><div style="margin-left:5.88235294117647%;margin-right:5.88235294117647%;"><hr align="center" style='background-color:#000000; border-width:0; color:#000000; height:2pt; lineheight:0; width:100%;'></hr><p style="page-break-after:always">&nbsp;</p></div><div style="margin-left:5.88235294117647%;margin-right:5.88235294117647%;"></div><div style="margin-left:5.88235294117647%;margin-right:5.88235294117647%;"><p style="margin:0pt;text-align:left;color:#000000;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 12pt;"><font style="display:inline;">&nbsp;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 108pt;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 12pt;">
			<font style="display:inline;color:#000000;">c)</font><font style="display:inline;color:#000000;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display:inline;color:#000000;font-size:11pt;">the failure by </font><font style="display:inline;color:#000000;font-size:11pt;">AXOGEN</font><font style="display:inline;color:#000000;font-size:11pt;"> to (A) continue in effect any material compensation or benefit plan, program, policy or practice in which Employee was participating at the time of the Change in Control of </font><font style="display:inline;color:#000000;font-size:11pt;">Employer or INC.</font><font style="display:inline;color:#000000;font-size:11pt;"> or (B) provide Employee with compensation and benefits at least equal (in terms of benefit levels and/or reward opportunities) to those provided for under each employee benefit plan, program, policy and practice as in effect immediately prior to the Change in Control of </font><font style="display:inline;color:#000000;font-size:11pt;">Employer or INC.</font><font style="display:inline;color:#000000;font-size:11pt;">&nbsp;</font><font style="display:inline;color:#000000;font-size:11pt;">(or as in effect following the Change in Control of </font><font style="display:inline;color:#000000;font-size:11pt;">Employer or INC.</font><font style="display:inline;color:#000000;font-size:11pt;">, if greater.</font>
		</p>
		<p style="margin:0pt 0pt 0pt 108pt;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;">
			<font style="display:inline;font-size:10pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 72pt;border-bottom:1pt none #D9D9D9 ;color:#000000;text-indent:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
			<font style="display:inline;color:#000000;font-size:11pt;">(ii)</font><font style="display:inline;color:#000000;font-size:11pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display:inline;color:#000000;font-size:11pt;text-decoration:underline;">Termination not in Connection with a Change of Control</font><font style="display:inline;color:#000000;font-size:11pt;">.&nbsp;&nbsp;In the event of Employee&#x2019;s termination of employment by AXOGEN without Substantial Cause prior to a Change of Control, Employee shall be entitled to a severance payment consisting of</font><font style="display:inline;color:#000000;font-size:11pt;">:</font><font style="display:inline;color:#000000;font-size:11pt;"> (A) twelve (12) months of Employee's base salary; and (B) an amount equal to any bonuses paid to Employee during the twelve (12) month period prior to Employee&#x2019;s termination of employment.</font><font style="display:inline;color:#000000;font-size:11pt;">&nbsp;</font><font style="display:inline;color:#000000;font-size:11pt;"> Notwithstanding anything to the contrary contained in this Section 5(b)(ii), no severance payment will be owed to Employee if Employee is terminated by AXOGEN for any reason (with or without cause) within six months of the first date of Employees employment with AXOGEN. </font>
		</p>
		<p style="margin:0pt 0pt 0pt 72pt;border-top:1pt none #D9D9D9 ;color:#000000;text-indent:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;">
			<font style="display:inline;font-size:10pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt;border-bottom:1pt none #D9D9D9 ;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
			<a name="_DV_M39"></a><font style="display:inline;font-size:11pt;">(c)</font><font style="display:inline;font-size:11pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display:inline;font-size:11pt;text-decoration:underline;">Payment of Severance</font><font style="display:inline;font-size:11pt;">.&nbsp; </font><font style="display:inline;font-size:11pt;">As a</font><font style="display:inline;font-size:11pt;"> condition of receiving any severance under this section 5</font><font style="display:inline;font-size:11pt;">, &nbsp;</font><font style="display:inline;font-size:11pt;">Employee and must sign (and not revoke)</font><font style="display:inline;font-size:11pt;"> a separation, waiver and release agreement (to be prepared by </font><font style="display:inline;font-size:11pt;">Employer</font><font style="display:inline;font-size:11pt;"> at the time of Employees </font><font style="display:inline;font-size:11pt;">termination) of all claims (known and unknown) against </font><font style="display:inline;font-size:11pt;">Employer and INC.</font><font style="display:inline;font-size:11pt;"> arising out of or relating to his employment </font><font style="display:inline;font-size:11pt;">with </font><font style="display:inline;font-size:11pt;">Employer</font><font style="display:inline;font-size:11pt;"> or termination thereof, excluding claims for severance under this section 5</font><font style="display:inline;font-size:11pt;">, as well as any other terms and conditions required by </font><font style="display:inline;font-size:11pt;">Employer</font><font style="display:inline;font-size:11pt;">. &nbsp;</font><font style="display:inline;font-size:11pt;">Payment of any severance for Employee will be made in a lump sum on the first payroll date following the 60th day following the date of Employee&#x2019;s termination of employment.&nbsp;&nbsp;Notwithstanding the foregoing, if the Employee is a &#x201C;specified employee&#x201D; on Employee&#x2019;s termination date, the postponement provisions of Section 409A of the Internal Revenue Code of 1986, as amended (the &#x201C;Code&#x201D;), as described in Section 8(n) below, shall apply, if applicable.&nbsp; </font>
		</p>
		<p style="margin:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;">
			<font style="display:inline;font-size:10pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
			<font style="display:inline;font-size:11pt;">So long as </font><font style="display:inline;color:#000000;font-size:11pt;">Employer or INC.</font><font style="display:inline;font-size:11pt;">is subject to federal COBRA</font><font style="display:inline;font-size:11pt;"> and Employee timely elects continuation coverage under COBRA, </font><font style="display:inline;color:#000000;font-size:11pt;">Employer or INC.</font><font style="display:inline;color:#000000;font-size:11pt;">&nbsp;</font><font style="display:inline;font-size:11pt;">shall pay the prem</font><font style="display:inline;font-size:11pt;">iums for the Employee and his covered </font><font style="display:inline;font-size:11pt;">dependent&#x2019;s </font><font style="display:inline;font-size:11pt;">COBRA (</font><font style="display:inline;font-size:11pt;">i) </font><font style="display:inline;font-size:11pt;">for the first</font><font style="display:inline;font-size:11pt;">&nbsp;</font><font style="display:inline;font-size:11pt;">twelve (12) months of the COBRA continuation period, or (ii) until such time as the Employee obtains new </font><font style="display:inline;font-size:11pt;">employment that provides reasonable and comparable health care coverage (including without limitation, coverage of </font><font style="display:inline;font-size:11pt;">dependents), whichever period is shorter.</font><font style="display:inline;font-size:11pt;">&nbsp;</font><font style="display:inline;font-size:11pt;">Employee has the duty to immediately notify </font><font style="display:inline;font-size:11pt;">the applicable entity</font><font style="display:inline;font-size:11pt;">, in writing, if the event</font><font style="display:inline;font-size:11pt;"> in (ii) above occurs.&nbsp; </font>
		</p>
		<p style="margin:0pt;border-top:1pt none #D9D9D9 ;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;">
			<font style="display:inline;font-size:10pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt;border-bottom:1pt none #D9D9D9 ;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
			<a name="_DV_M40"></a><font style="display:inline;color:#000000;font-size:11pt;">6</font><font style="display:inline;color:#000000;font-size:11pt;">.</font><font style="display:inline;font-size:11pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display:inline;color:#000000;font-size:11pt;text-decoration:underline;">Surrender of Records and all </font><font style="display:inline;color:#000000;font-size:11pt;text-decoration:underline;">Employer and INC. </font><font style="display:inline;color:#000000;font-size:11pt;text-decoration:underline;">Property</font><font style="display:inline;color:#000000;font-size:11pt;">.&nbsp;&nbsp;Upon the termination of Employee's employment for any reason, whether by AXOGEN or Employee, Employee agrees to return to AXOGEN</font><font style="display:inline;color:#000000;font-size:11pt;"> and INC.</font><font style="display:inline;color:#000000;font-size:11pt;">, in good condition, (i) any and all equipment belonging to AXOGEN</font><font style="display:inline;color:#000000;font-size:11pt;"> or INC.</font><font style="display:inline;color:#000000;font-size:11pt;"> including, without limitation,</font><font style="display:inline;color:#000000;font-size:11pt;"> computers, cell phones, and personal digital assistants, and (ii) any and all data, computer files, customer lists and contact information, documents and other materials in Employee&#x2019;s possession, or removed by Employee from AXOGEN's</font><font style="display:inline;color:#000000;font-size:11pt;"> or INC.&#x2019;s</font><font style="display:inline;color:#000000;font-size:11pt;"> premises, whether now in Employee's possession or not, which materials were obtained in connection with Employee's employment with AXOGEN, including any and all </font>
		</p>
		<p style="margin:0pt;border-top:1pt none #D9D9D9 ;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;">
			<font style="display:inline;font-size:10pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt;text-align:left;color:#000000;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
			<font style="display:inline;color:#000000;font-size:11pt;"></font>
		</p>
		<p style="margin:0pt;text-align:left;color:#000000;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;">
			<font style="display:inline;font-size:10pt;"></font></p></div><div style="margin-left:5.88235294117647%;margin-right:5.88235294117647%;">
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:24pt 0pt 0pt;text-align:center;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 12pt;">

			<font style="display:inline;font-size:11pt;">Page</font><font style="display:inline;">&nbsp;</font><font style="display:inline;font-size:11pt;">4</font><font style="display:inline;font-size:11pt;"></font><font style="display:inline;font-size:11pt;"></font><font style="display:inline;font-size:11pt;"></font><font style="display:inline;font-size:11pt;"></font>

		</p>

</div></div><div style="margin-left:5.88235294117647%;margin-right:5.88235294117647%;"><hr align="center" style='background-color:#000000; border-width:0; color:#000000; height:2pt; lineheight:0; width:100%;'></hr><p style="page-break-after:always">&nbsp;</p></div><div style="margin-left:5.88235294117647%;margin-right:5.88235294117647%;"></div><div style="margin-left:5.88235294117647%;margin-right:5.88235294117647%;"><p style="margin:0pt;text-align:left;color:#000000;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;"><font style="display:inline;font-size:10pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt;border-bottom:1pt none #D9D9D9 ;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
			<font style="display:inline;color:#000000;font-size:11pt;">copies (whether complete or partial) and extracts thereof, and (iii) an</font><font style="display:inline;color:#000000;font-size:11pt;">y and all other company property or Confidential Information and materials as they are defined in Employee's Invention Assignment and Confidentiality Agreement, in the Employee&#x2019;s control or possession.</font>
		</p>
		<p style="margin:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;">
			<font style="display:inline;font-size:10pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
			<a name="_DV_M41"></a><font style="display:inline;color:#000000;font-size:11pt;">7</font><font style="display:inline;color:#000000;font-size:11pt;">.</font><font style="display:inline;font-size:11pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display:inline;color:#000000;font-size:11pt;text-decoration:underline;">Miscellaneous Provisions</font><font style="display:inline;color:#000000;font-size:11pt;">.</font>
		</p>
		<p style="margin:0pt;border-top:1pt none #D9D9D9 ;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;">
			<font style="display:inline;font-size:10pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt;border-bottom:1pt none #D9D9D9 ;color:#000000;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
			<a name="_DV_M42"></a><font style="display:inline;color:#000000;font-size:11pt;">(a).</font><font style="display:inline;color:#000000;font-size:11pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display:inline;color:#000000;font-size:11pt;text-decoration:underline;">Amendments to this Agreement only in Writing</font><font style="display:inline;color:#000000;font-size:11pt;">.&nbsp;&nbsp;The provisions of this Agreement and the attached Schedules and Exhibits shall only be amended, supplemented, or waived by a written agreement executed by both a duly authorized officer of AXOGEN and Employee. </font>
		</p>
		<p style="margin:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;color:#000000;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;">
			<font style="display:inline;font-size:10pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;color:#000000;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
			<a name="_DV_M43"></a><font style="display:inline;color:#000000;font-size:11pt;">(b).</font><font style="display:inline;color:#000000;font-size:11pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display:inline;color:#000000;font-size:11pt;text-decoration:underline;">Assignments</font><font style="display:inline;color:#000000;font-size:11pt;">.&nbsp;&nbsp;Employee shall not assign Employee&#x2019;s rights and/or obligations pursuant to this Agreement or the attached Schedules and Exhibits.&nbsp;&nbsp;AXOGEN may assign its rights and/or obligations pursuant to this Agreement and the attached Schedules and Exhibits at any time without prior notice to Employee.&nbsp;&nbsp;In the event of a Change of Control in which AXOGEN</font><font style="display:inline;color:#000000;font-size:11pt;"> or </font><font style="display:inline;color:#000000;font-size:11pt;">INC</font><font style="display:inline;color:#000000;font-size:11pt;">.</font><font style="display:inline;color:#000000;font-size:11pt;"> is not the surviving entity, any reference to AXOGEN</font><font style="display:inline;color:#000000;font-size:11pt;"> or </font><font style="display:inline;color:#000000;font-size:11pt;">INC</font><font style="display:inline;color:#000000;font-size:11pt;">.</font><font style="display:inline;color:#000000;font-size:11pt;"> shall be deemed to refer to the surviving entity.&nbsp; </font>
		</p>
		<p style="margin:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;color:#000000;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;">
			<font style="display:inline;font-size:10pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;color:#000000;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
			<a name="_DV_M44"></a><font style="display:inline;color:#000000;font-size:11pt;">(c).</font><font style="display:inline;color:#000000;font-size:11pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display:inline;color:#000000;font-size:11pt;text-decoration:underline;">Binding Effect</font><font style="display:inline;color:#000000;font-size:11pt;">.&nbsp;&nbsp;All of the terms and provisions of this Agreement and the attached Schedules and Exhibits, whether so expressed or not, shall be binding upon, inure to the benefit of, and be enforceable by the Parties and their respective administrators, executors, legal representatives, heirs, successors and permitted assigns.</font>
		</p>
		<p style="margin:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;color:#000000;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;">
			<font style="display:inline;font-size:10pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;color:#000000;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
			<a name="_DV_M45"></a><font style="display:inline;color:#000000;font-size:11pt;">(d).</font><font style="display:inline;color:#000000;font-size:11pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display:inline;color:#000000;font-size:11pt;text-decoration:underline;">The Provisions of this Agreement are Severable</font><font style="display:inline;color:#000000;font-size:11pt;">.&nbsp;&nbsp;If any part of this Agreement, or any of the Schedules or Exhibits entered into pursuant to this Agreement, is contrary to, prohibited by, or deemed invalid under any applicable law or regulation, such provision shall be inapplicable and deemed omitted to the extent so contrary, prohibited or invalid, but the remainder of this Agreement and its Schedules and Exhibits shall not be so invalidated, and shall be given full force and effect so far as possible.</font>
		</p>
		<p style="margin:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;color:#000000;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;">
			<font style="display:inline;font-size:10pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;color:#000000;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
			<a name="_DV_M46"></a><font style="display:inline;color:#000000;font-size:11pt;">(e).</font><font style="display:inline;color:#000000;font-size:11pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display:inline;color:#000000;font-size:11pt;text-decoration:underline;">Survival</font><font style="display:inline;color:#000000;font-size:11pt;">.&nbsp;&nbsp;Notwithstanding anything to the contrary in this Agreement, the pr</font><font style="display:inline;color:#000000;font-size:11pt;">ovisions of Sections 1 through 7</font><font style="display:inline;color:#000000;font-size:11pt;"> shall survive and remain in effect beyond the execution and delivery of this Agreement in accordance with their respective terms of duration.</font>
		</p>
		<p style="margin:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;color:#000000;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;">
			<font style="display:inline;font-size:10pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;color:#000000;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
			<a name="_DV_M47"></a><font style="display:inline;color:#000000;font-size:11pt;">(f).</font><font style="display:inline;color:#000000;font-size:11pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display:inline;color:#000000;font-size:11pt;text-decoration:underline;">Waivers</font><font style="display:inline;color:#000000;font-size:11pt;">.&nbsp;&nbsp;The failure or delay of AXOGEN at any time to require performance by Employee of any provision of this Agreement or the attached Schedules and Exhibits, even if known, shall not affect the right of AXOGEN to require performance of that provision or to exercise any right, power or remedy pursuant to this Agreement or the attached Schedules and Exhibits.&nbsp;&nbsp;Any waiver by AXOGEN of any breach of any provision of this Agreement or the attached Schedules and Exhibits shall not be construed as a waiver of any continuing or succeeding breach of such provision, a waiver of the provision itself, or a waiver of any right, power or remedy pursuant to this Agreement or the attached Schedules and Exhibits.&nbsp; </font>
		</p>
		<p style="margin:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;color:#000000;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;">
			<font style="display:inline;font-size:10pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;color:#000000;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
			<a name="_DV_M48"></a><font style="display:inline;color:#000000;font-size:11pt;">(g).</font><font style="display:inline;color:#000000;font-size:11pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display:inline;color:#000000;font-size:11pt;text-decoration:underline;">Notices</font><font style="display:inline;color:#000000;font-size:11pt;">.&nbsp;&nbsp;All notices, requests, consents and other communications required or permitted under this Agreement shall be in writing and shall be (i) hand-delivered by messenger or courier service; (ii) sent by an overnight-mail service (e.g. FedX or UPS); or (iii) mailed (airmail, if international) by registered or certified mail (postage prepaid), return receipt requested, and addressed to:</font>
		</p>
		<p style="margin:0pt;border-top:1pt none #D9D9D9 ;color:#000000;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;">
			<font style="display:inline;font-size:10pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
			<a name="_DV_M49"></a><font style="display:inline;color:#000000;font-size:11pt;text-decoration:underline;">If to Employee</font><font style="display:inline;color:#000000;font-size:11pt;">:</font>
		</p>
		<p style="margin:0pt;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;">
			<font style="display:inline;font-size:10pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
			<font style="display:inline;color:#000000;font-size:11pt;">Employee's most current address on file with AXOGEN</font><a name="_DV_M50"></a><font style="display:inline;color:#000000;font-size:11pt;">.</font>
		</p>
		<p style="margin:0pt;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;">
			<font style="display:inline;font-size:10pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt;text-align:left;color:#000000;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
			<font style="display:inline;color:#000000;font-size:11pt;text-decoration:underline;"></font>
		</p>
		<p style="margin:0pt;text-align:left;color:#000000;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;">
			<font style="display:inline;font-size:10pt;"></font></p></div><div style="margin-left:5.88235294117647%;margin-right:5.88235294117647%;">
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:24pt 0pt 0pt;text-align:center;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 12pt;">

			<font style="display:inline;font-size:11pt;">Page</font><font style="display:inline;">&nbsp;</font><font style="display:inline;font-size:11pt;">5</font><font style="display:inline;font-size:11pt;"></font><font style="display:inline;font-size:11pt;"></font><font style="display:inline;font-size:11pt;"></font><font style="display:inline;font-size:11pt;"></font>

		</p>

</div></div><div style="margin-left:5.88235294117647%;margin-right:5.88235294117647%;"><hr align="center" style='background-color:#000000; border-width:0; color:#000000; height:2pt; lineheight:0; width:100%;'></hr><p style="page-break-after:always">&nbsp;</p></div><div style="margin-left:5.88235294117647%;margin-right:5.88235294117647%;"></div><div style="margin-left:5.88235294117647%;margin-right:5.88235294117647%;"><p style="margin:0pt;text-align:left;color:#000000;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;"><font style="display:inline;font-size:10pt;">&nbsp;</font>
		</p>
		<div style="width:100%;"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;width: 100.00%;margin-left:0pt;">
			<tr>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;width:50.00%;padding:0pt;">
					<p style="margin:0pt;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
						<font style="display:inline;color:#000000;font-size:11pt;text-decoration:underline;">If to AXOGEN</font><font style="display:inline;color:#000000;font-size:11pt;">:</font></p>
				</td>
				<td valign="top" style="border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;width:50.00%;padding:0pt;">
					<p style="margin:0pt;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
						<font style="display:inline;color:#000000;font-size:11pt;text-decoration:underline;">With a copy to</font><font style="display:inline;color:#000000;font-size:11pt;">:</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;width:50.00%;padding:0pt;">
					<p style="margin:0pt;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
						<a name="_DV_M51"></a><font style="display:inline;color:#000000;font-size:11pt;">AXOGEN Corporation</font></p>
				</td>
				<td valign="top" style="border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;width:50.00%;padding:0pt;">
					<p style="margin:0pt;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
						<font style="display:inline;color:#000000;font-size:11pt;">AXOGEN Corporation</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;width:50.00%;padding:0pt;">
					<p style="margin:0pt;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
						<a name="_DV_M52"></a><font style="display:inline;color:#000000;font-size:11pt;">13631 Progress Blvd., Ste. 400</font></p>
				</td>
				<td valign="top" style="border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;width:50.00%;padding:0pt;">
					<p style="margin:0pt;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
						<font style="display:inline;color:#000000;font-size:11pt;">13631 Progress Blvd., Ste. 400</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;width:50.00%;padding:0pt;">
					<p style="margin:0pt;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
						<a name="_DV_M53"></a><font style="display:inline;color:#000000;font-size:11pt;">Alachua, FL 32615</font></p>
				</td>
				<td valign="top" style="border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;width:50.00%;padding:0pt;">
					<p style="margin:0pt;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
						<font style="display:inline;color:#000000;font-size:11pt;">Alachua, FL 32615</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;width:50.00%;padding:0pt;">
					<p style="margin:0pt;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
						<a name="_DV_M54"></a><font style="display:inline;color:#000000;font-size:11pt;">Attn:&nbsp;&nbsp;CEO</font></p>
				</td>
				<td valign="top" style="border-left:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;width:50.00%;padding:0pt;">
					<p style="margin:0pt;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
						<a name="_DV_M55"></a><font style="display:inline;color:#000000;font-size:11pt;">Attn:&nbsp;&nbsp;Human Resources</font></p>
				</td>
			</tr>
		</table></div>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 12pt;">
			<font style="display:inline;">&nbsp;</font>
		</p>
		<p style="margin:0pt;border-bottom:1pt none #D9D9D9 ;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
			<a name="_DV_M56"></a><font style="display:inline;color:#000000;font-size:11pt;">or to such other address as any party may designate by written notice complying with the terms of this section. Each such notice shall be deemed delivered (a) on the date delivered, if by personal delivery, or (b) on the date upon which the return receipt is signed, delivery is refused, or the notice is designated by the postal authorities as not deliverable, as the case may be, if mailed.</font>
		</p>
		<p style="margin:0pt;border-top:1pt none #D9D9D9 ;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;">
			<font style="display:inline;font-size:10pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt;border-bottom:1pt none #D9D9D9 ;color:#000000;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
			<a name="_DV_M57"></a><font style="display:inline;color:#000000;font-size:11pt;">(h).</font><font style="display:inline;color:#000000;font-size:11pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display:inline;color:#000000;font-size:11pt;text-decoration:underline;">Governing Law</font><font style="display:inline;color:#000000;font-size:11pt;">.&nbsp;&nbsp;This Agreement and the attached Schedules and Exhibits and all transactions contemplated by this Agreement or the attached Schedules and Exhibits shall be governed by, and construed and enforced in accordance with, the internal laws of the State of </font><font style="display:inline;color:#000000;font-size:11pt;">Florida</font><font style="display:inline;color:#000000;font-size:11pt;">, without regard to principles of conflicts of laws. </font>
		</p>
		<p style="margin:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;color:#000000;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;">
			<font style="display:inline;font-size:10pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;color:#000000;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
			<a name="_DV_M58"></a><font style="display:inline;color:#000000;font-size:11pt;">(i).</font><font style="display:inline;color:#000000;font-size:11pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display:inline;color:#000000;font-size:11pt;text-decoration:underline;">Jurisdiction and Venue</font><font style="display:inline;color:#000000;font-size:11pt;">.&nbsp;&nbsp;The Parties acknowledge that a substantial portion of negotiations, anticipated performance and execution of this Agreement and the attached Schedules and Exhibits occurred, or shall occur, in Alachua County, Florida, and the Parties irrevocably and unconditionally (a) agree that any suit, action or legal proceeding arising out of, or relating to, this Agreement or the attached Schedules and Exhibits shall be brought in the&nbsp;&nbsp;courts of record of the State of Florida in Alachua County, or the United States District Court, Northern District of Florida, Gainesville Division; (b) consent to the jurisdiction of each such court in any such suit, action or proceeding; (c) waive any objection which they may have to the laying of venue of any such suit, action or proceeding in any of such courts; and (d) agree that service of any court paper may be effected on such party by mail, as provided in this Agreement, or in such other manner as may be provided under applicable laws or court rules in said state.</font>
		</p>
		<p style="margin:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;color:#000000;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;">
			<font style="display:inline;font-size:10pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;color:#000000;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
			<a name="_DV_M59"></a><font style="display:inline;color:#000000;font-size:11pt;">(j).</font><font style="display:inline;color:#000000;font-size:11pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display:inline;color:#000000;font-size:11pt;text-decoration:underline;">Remedies Available to Either Party Cumulative</font><font style="display:inline;color:#000000;font-size:11pt;">.&nbsp;&nbsp;No remedy conferred upon any party pursuant to this Agreement (or the attached Schedules and Exhibits) is intended to be exclusive of any other remedy, and each and every such remedy shall be cumulative and shall be in addition to every other remedy given pursuant to this Agreement (or the attached Schedules and Exhibits) now or hereafter existing at law or in equity or by statute or otherwise.&nbsp;&nbsp;No single or partial exercise by any party of any right, power or remedy pursuant to this Agreement (or the attached Schedules and Exhibits) shall preclude any other or further exercise of such right, power or remedy.</font>
		</p>
		<p style="margin:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;color:#000000;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;">
			<font style="display:inline;font-size:10pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;color:#000000;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
			<a name="_DV_M60"></a><font style="display:inline;color:#000000;font-size:11pt;">(k).</font><font style="display:inline;color:#000000;font-size:11pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display:inline;color:#000000;font-size:11pt;text-decoration:underline;">Entire Agreement</font><font style="display:inline;color:#000000;font-size:11pt;">.&nbsp;&nbsp;This Agreement and the attached Schedules and Exhibits represents the entire understanding and agreement between the Parties with respect to the subject matter contained herein and supersedes all other negotiations, understandings and representations (if any) made by and between the Parties.</font>
		</p>
		<p style="margin:0pt;border-top:1pt none #D9D9D9 ;color:#000000;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;">
			<font style="display:inline;font-size:10pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
			<font style="display:inline;font-size:11pt;">(l).</font><font style="display:inline;font-size:11pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display:inline;font-size:11pt;text-decoration:underline;">S</font><font style="display:inline;font-size:11pt;text-decoration:underline;">ection and Paragraph Headings</font><font style="display:inline;font-size:11pt;">.&nbsp; </font><font style="display:inline;font-size:11pt;">Section and paragraph headings used througho</font><font style="display:inline;font-size:11pt;">ut this Agreement and </font><font style="display:inline;color:#000000;font-size:11pt;">the attached Schedules and Exhibits</font><font style="display:inline;font-size:11pt;"> are for convenience of reference only and in no way define, limit or describe the scope or intent of this Agreement </font><font style="display:inline;color:#000000;font-size:11pt;">or the attached Schedules and Exhibits</font><font style="display:inline;font-size:11pt;">. &nbsp;</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;">
			<font style="display:inline;font-size:10pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt;text-align:left;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
			<font style="display:inline;font-size:11pt;"></font>
		</p>
		<p style="margin:0pt;text-align:left;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;">
			<font style="display:inline;font-size:10pt;"></font></p></div><div style="margin-left:5.88235294117647%;margin-right:5.88235294117647%;">
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:24pt 0pt 0pt;text-align:center;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 12pt;">

			<font style="display:inline;font-size:11pt;">Page</font><font style="display:inline;">&nbsp;</font><font style="display:inline;font-size:11pt;">6</font><font style="display:inline;font-size:11pt;"></font><font style="display:inline;font-size:11pt;"></font><font style="display:inline;font-size:11pt;"></font><font style="display:inline;font-size:11pt;"></font>

		</p>

</div></div><div style="margin-left:5.88235294117647%;margin-right:5.88235294117647%;"><hr align="center" style='background-color:#000000; border-width:0; color:#000000; height:2pt; lineheight:0; width:100%;'></hr><p style="page-break-after:always">&nbsp;</p></div><div style="margin-left:5.88235294117647%;margin-right:5.88235294117647%;"></div><div style="margin-left:5.88235294117647%;margin-right:5.88235294117647%;"><p style="margin:0pt;text-align:left;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;"><font style="display:inline;font-size:10pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;border-bottom:1pt none #D9D9D9 ;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
			<font style="display:inline;font-size:11pt;color:#000000;">(m).</font><font style="display:inline;font-size:11pt;color:#000000;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display:inline;color:#000000;font-size:11pt;text-decoration:underline;">Preparation of Agreement</font><font style="display:inline;color:#000000;font-size:11pt;">.&nbsp;&nbsp;This Agreement shall not be construed more strongly against any party regardless of who is responsible for its preparation.&nbsp;&nbsp;The Parties acknowledge that each party contributed to its negotiations and is equally responsible for its preparation.</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;border-top:1pt none #D9D9D9 ;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;">
			<font style="display:inline;font-size:10pt;color:#000000;">&nbsp;</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
			<font style="display:inline;color:#000000;font-size:11pt;">(n).</font><font style="display:inline;color:#000000;font-size:11pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display:inline;color:#000000;font-size:11pt;text-decoration:underline;">Section 409A of the Code</font><font style="display:inline;color:#000000;font-size:11pt;">.&nbsp;&nbsp;Notwithstanding any provision of this Agreement to the contrary, this Agreement is intended to meet the requirements of Section 409A of the </font><font style="display:inline;color:#000000;font-size:11pt;">Internal Revenue Code of 1986, as amended (the &#x201C;</font><font style="display:inline;color:#000000;font-size:11pt;">Code</font><font style="display:inline;color:#000000;font-size:11pt;">&#x201D;)</font><font style="display:inline;color:#000000;font-size:11pt;"> to the extent applicable, the Parties intend to administer this Agreement in a manner that is consistent with those requirements or an exception thereto, and this Agreement shall be construed and interpreted in accordance with such intent.&nbsp;&nbsp;Any payments that are considered deferred compensation under Section 409A of the Code and that are paid to a &#x201C;specified employee&#x201D; (as defined in Section 409A of the Code) upon separation from service shall be subject to a six (6) month delay, if required by Section 409A of the Code.&nbsp;&nbsp;If required by Section 409A of the Code, any amounts otherwise payable during the six (6) month period that commences on and follows the Employee&#x2019;s termination date shall be paid in one lump sum amount on the first payroll date following the six (6) month period following the Employee date of termination (or within thirty (30) days of the Employee&#x2019;s death, if earlier).&nbsp;&nbsp;For purposes of Section 409A of the Code, all payments to be made upon a termination of employment under this Agreement may only be made upon a &#x201C;separation from service&#x201D; (within the meaning of such term under Section 409A of the Code).&nbsp;&nbsp;Each payment made under this Agreement shall be treated as a separate payment.&nbsp;&nbsp;In no event shall the Employee, directly or indirectly, designate the calendar year of a payment.&nbsp;&nbsp;All reimbursements under this Agreement shall be provided in a manner that complies with Section 409A of the Code, if applicable.&nbsp;&nbsp;If required by regulations or other guidance issued under Section 409A of the Code or a court of competent jurisdiction, the provisions regarding payments hereunder shall be amended to provide for such payments to be made at the time allowed under such regulations, guidance or authority that most closely achieves the intent of this Agreement.&nbsp; </font>
		</p>
		<p style="margin:0pt;text-indent:36pt;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;">
			<font style="display:inline;font-size:10pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
			<font style="display:inline;color:#000000;font-size:11pt;">(o) </font><font style="display:inline;color:#000000;font-size:11pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display:inline;color:#000000;font-size:11pt;text-decoration:underline;">Liability Insurance</font><font style="display:inline;color:#000000;font-size:11pt;">. AXOGEN shall cover the Employee under directors and officers liability insurance both during the term of this Agreement and for the one year period following the termination of this Agreement, in the same amount and to the same extent as AXOGEN covers its officers and directors.</font><font style="display:inline;color:#000000;font-size:11pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;">
			<font style="display:inline;font-size:10pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;">
			<font style="display:inline;font-size:10pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;">
			<font style="display:inline;font-size:10pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt;text-align:center;color:#000000;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
			<a name="_DV_M61"></a><font style="display:inline;font-weight:bold;font-style:italic;color:#000000;font-size:11pt;">[Signature Page Follows]</font>
		</p>
		<p style="margin:0pt;text-align:left;color:#000000;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
			<font style="display:inline;color:#000000;font-size:11pt;"></font>
		</p>
		<p style="margin:0pt;text-align:left;color:#000000;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;">
			<font style="display:inline;font-size:10pt;"></font></p></div><div style="margin-left:5.88235294117647%;margin-right:5.88235294117647%;">
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:24pt 0pt 0pt;text-align:center;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 12pt;">

			<font style="display:inline;font-size:11pt;">Page</font><font style="display:inline;">&nbsp;</font><font style="display:inline;font-size:11pt;">7</font><font style="display:inline;font-size:11pt;"></font><font style="display:inline;font-size:11pt;"></font><font style="display:inline;font-size:11pt;"></font><font style="display:inline;font-size:11pt;"></font>

		</p>

</div></div><div style="margin-left:5.88235294117647%;margin-right:5.88235294117647%;"><hr align="center" style='background-color:#000000; border-width:0; color:#000000; height:2pt; lineheight:0; width:100%;'></hr><p style="page-break-after:always">&nbsp;</p></div><div style="margin-left:5.88235294117647%;margin-right:5.88235294117647%;"></div><div style="margin-left:5.88235294117647%;margin-right:5.88235294117647%;"><p style="margin:0pt;text-align:left;color:#000000;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;"><font style="display:inline;font-size:10pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
			<font style="display:inline;color:#000000;font-size:11pt;">E</font><font style="display:inline;color:#000000;font-size:11pt;">MPLOYEE AND AXOGEN have executed this Agreement as of the </font><font style="display:inline;color:#000000;font-size:11pt;">11</font><font style="display:inline;color:#000000;font-size:11pt;">th</font><font style="display:inline;color:#000000;font-size:11pt;"> day of </font><font style="display:inline;color:#000000;font-size:11pt;">March</font><font style="display:inline;color:#000000;font-size:11pt;">,</font><font style="display:inline;color:#000000;font-size:11pt;"> 201</font><font style="display:inline;color:#000000;font-size:11pt;">6</font><font style="display:inline;color:#000000;font-size:11pt;">.</font>
		</p>
		<p style="margin:0pt;text-align:left;color:#000000;text-indent:36pt;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;">
			<font style="display:inline;font-size:10pt;">&nbsp;</font>
		</p>
		<div style="width:100%;"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;width: 100.00%;margin-left:0pt;">
			<tr>
				<td valign="top" style="width:50.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">
					<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;height:1.00pt;overflow:hidden;font-size:0pt;">
						<a name="_DV_M62"></a><a name="_DV_M69"></a><font style="display:inline;font-size:1pt;">&nbsp;</font></p>
				</td>
				<td valign="top" style="width:49.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">
					<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;height:1.00pt;overflow:hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;width:50.84%;padding:0pt;">
					<p style="margin:0pt;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;">
						<font style="display:inline;font-size:10pt;">&nbsp;</font></p>
				</td>
				<td valign="top" style="border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;width:49.16%;padding:0pt;">
					<p style="margin:0pt;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
						<font style="display:inline;font-weight:bold;color:#000000;font-size:11pt;">AXOGEN </font><font style="display:inline;font-weight:bold;color:#000000;font-size:11pt;">CORPORATION</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;width:50.84%;padding:0pt;">
					<p style="margin:0pt;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;">
						<font style="display:inline;font-size:10pt;">&nbsp;</font></p>
				</td>
				<td valign="top" style="border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;width:49.16%;padding:0pt;">
					<p style="margin:0pt;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 12pt;">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;width:50.84%;padding:0pt;">
					<p style="margin:0pt;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;">
						<font style="display:inline;font-size:10pt;">&nbsp;</font></p>
				</td>
				<td valign="top" style="border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;width:49.16%;padding:0pt;">
					<p style="margin:0pt;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 12pt;">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;width:50.84%;padding:0pt;">
					<p style="margin:0pt;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;">
						<a name="_DV_M63"></a><font style="display:inline;font-size:10pt;">&nbsp;</font></p>
				</td>
				<td valign="top" style="border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;width:49.16%;padding:0pt;">
					<p style="margin:0pt;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
						<font style="display:inline;color:#000000;font-size:11pt;">/s/Karen Zaderej</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;width:50.84%;padding:0pt;">
					<p style="margin:0pt;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;">
						<font style="display:inline;font-size:10pt;">&nbsp;</font></p>
				</td>
				<td valign="top" style="border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;width:49.16%;padding:0pt;">
					<p style="margin:0pt;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
						<font style="display:inline;color:#000000;font-size:11pt;">Name:&nbsp;&nbsp;Karen Zaderej</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;width:50.84%;padding:0pt;">
					<p style="margin:0pt;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;">
						<a name="_DV_M64"></a><font style="display:inline;font-size:10pt;">&nbsp;</font></p>
				</td>
				<td valign="top" style="border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;width:49.16%;padding:0pt;">
					<p style="margin:0pt;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
						<font style="display:inline;color:#000000;font-size:11pt;">Title:&nbsp;&nbsp;CEO</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;width:50.84%;padding:0pt;">
					<p style="margin:0pt;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;">
						<font style="display:inline;font-size:10pt;">&nbsp;</font></p>
				</td>
				<td valign="top" style="border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;width:49.16%;padding:0pt;">
					<p style="margin:0pt;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 12pt;">
						&nbsp;</p>
				</td>
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				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;width:50.84%;padding:0pt;">
					<p style="margin:0pt;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;">
						<a name="_DV_M65"></a><font style="display:inline;font-size:10pt;">&nbsp;</font></p>
				</td>
				<td valign="top" style="border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;width:49.16%;padding:0pt;">
					<p style="margin:0pt;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 12pt;">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;width:50.84%;padding:0pt;">
					<p style="margin:0pt;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;">
						<font style="display:inline;font-size:10pt;">&nbsp;</font></p>
				</td>
				<td valign="top" style="border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;width:49.16%;padding:0pt;">
					<p style="margin:0pt;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
						<font style="display:inline;font-weight:bold;color:#000000;font-size:11pt;">EMPLOYEE:</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;width:50.84%;padding:0pt;">
					<p style="margin:0pt;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;">
						<font style="display:inline;font-size:10pt;">&nbsp;</font></p>
				</td>
				<td valign="top" style="border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;width:49.16%;padding:0pt;">
					<p style="margin:0pt;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 12pt;">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;width:50.84%;padding:0pt;">
					<p style="margin:0pt;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;">
						<font style="display:inline;font-size:10pt;">&nbsp;</font></p>
				</td>
				<td valign="top" style="border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;width:49.16%;padding:0pt;">
					<p style="margin:0pt;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
						<font style="display:inline;color:#000000;font-size:11pt;">/s/Kevin Leach</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;width:50.84%;padding:0pt;">
					<p style="margin:0pt;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;">
						<font style="display:inline;font-size:10pt;">&nbsp;</font></p>
				</td>
				<td valign="top" style="border-left:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;width:49.16%;padding:0pt;">
					<p style="margin:0pt;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
						<font style="display:inline;color:#000000;font-size:11pt;">Kevin Leach</font></p>
				</td>
			</tr>
		</table></div>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 12pt;">
			<font style="display:inline;">&nbsp;</font>
		</p>
		<p style="margin:0pt;text-align:left;color:#000000;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 12pt;">
			&nbsp;
		</p>
		<p style="margin:0pt;text-align:left;color:#000000;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;">
			<font style="display:inline;font-size:10pt;"></font></p></div><div style="margin-left:5.88235294117647%;margin-right:5.88235294117647%;">
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:24pt 0pt 0pt;text-align:center;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 12pt;">

			<font style="display:inline;font-size:11pt;">Page</font><font style="display:inline;">&nbsp;</font><font style="display:inline;font-size:11pt;">8</font><font style="display:inline;font-size:11pt;"></font><font style="display:inline;font-size:11pt;"></font><font style="display:inline;font-size:11pt;"></font><font style="display:inline;font-size:11pt;"></font>

		</p>

</div></div><div style="margin-left:5.88235294117647%;margin-right:5.88235294117647%;"><hr align="center" style='background-color:#000000; border-width:0; color:#000000; height:2pt; lineheight:0; width:100%;'></hr><p style="page-break-after:always">&nbsp;</p></div><div style="margin-left:5.88235294117647%;margin-right:5.88235294117647%;"></div><div style="margin-left:5.88235294117647%;margin-right:5.88235294117647%;"><p style="margin:0pt;text-align:left;color:#000000;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;"><font style="display:inline;font-size:10pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt;border-bottom:1pt none #D9D9D9 ;color:#000000;text-align:center;text-decoration:underline;font-weight:bold;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
			<font style="display:inline;color:#000000;font-size:11pt;">SCHEDULE AND EXHIBIT LIST</font>
		</p>
		<p style="margin:0pt;border-top:1pt none #D9D9D9 ;color:#000000;text-align:center;text-decoration:underline;font-weight:bold;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;">
			<font style="display:inline;font-size:10pt;">&nbsp;</font>
		</p>
		<div style="width:100%;"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;width: 100.00%;margin-left:0pt;">
			<tr>
				<td valign="top" style="width:11.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">
					<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;height:1.00pt;overflow:hidden;font-size:0pt;">
						<a name="_DV_M70"></a><a name="_DV_M74"></a><font style="display:inline;font-size:1pt;">&nbsp;</font></p>
				</td>
				<td valign="top" style="width:88.32%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">
					<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;height:1.00pt;overflow:hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;width:11.68%;padding:0pt;">
					<p style="margin:0pt;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
						<font style="display:inline;color:#000000;font-size:11pt;">Schedule 1 -</font></p>
				</td>
				<td valign="top" style="border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;width:88.32%;padding:0pt;">
					<p style="margin:0pt;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
						<font style="display:inline;color:#000000;font-size:11pt;">Duties of Employee</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;width:11.68%;padding:0pt;">
					<p style="margin:0pt;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
						<a name="_DV_M71"></a><font style="display:inline;color:#000000;font-size:11pt;">Schedule 2 -</font></p>
				</td>
				<td valign="top" style="border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;width:88.32%;padding:0pt;">
					<p style="margin:0pt;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
						<font style="display:inline;color:#000000;font-size:11pt;">Compensation and Benefits</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;width:11.68%;padding:0pt;">
					<p style="margin:0pt;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
						<a name="_DV_M72"></a><font style="display:inline;color:#000000;font-size:11pt;">Exhibit A -</font></p>
				</td>
				<td valign="top" style="border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;width:88.32%;padding:0pt;">
					<p style="margin:0pt;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
						<font style="display:inline;color:#000000;font-size:11pt;">Invention Assignment and Confidentiality Agreement</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;width:11.68%;padding:0pt;">
					<p style="margin:0pt;text-align:left;color:#000000;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
						<a name="_DV_M73"></a><font style="display:inline;color:#000000;font-size:11pt;">Exhibit B -</font></p>
				</td>
				<td valign="top" style="border-left:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;width:88.32%;padding:0pt;">
					<p style="margin:0pt;text-align:left;color:#000000;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
						<font style="display:inline;color:#000000;font-size:11pt;">Non-Solicitation and Non-Competition Agreement</font></p>
				</td>
			</tr>
		</table></div>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 12pt;">
			<font style="display:inline;">&nbsp;</font>
		</p>
		<p style="margin:0pt;text-align:left;color:#000000;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
			<font style="display:inline;color:#000000;font-size:11pt;"></font>
		</p>
		<p style="margin:0pt;text-align:left;color:#000000;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;">
			<font style="display:inline;font-size:10pt;"></font></p></div><div style="margin-left:5.88235294117647%;margin-right:5.88235294117647%;">
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:24pt 0pt 0pt;text-align:center;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 12pt;">

			<font style="display:inline;font-size:11pt;">Page</font><font style="display:inline;">&nbsp;</font><font style="display:inline;font-size:11pt;">S</font><font style="display:inline;">-</font><font style="display:inline;font-size:11pt;">1</font><font style="display:inline;font-size:11pt;"></font><font style="display:inline;font-size:11pt;"></font><font style="display:inline;font-size:11pt;"></font><font style="display:inline;font-size:11pt;"></font>

		</p>

</div></div><div style="margin-left:5.88235294117647%;margin-right:5.88235294117647%;"><hr align="center" style='background-color:#000000; border-width:0; color:#000000; height:2pt; lineheight:0; width:100%;'></hr><p style="page-break-after:always">&nbsp;</p></div><div style="margin-left:5.88235294117647%;margin-right:5.88235294117647%;"></div><div style="margin-left:5.88235294117647%;margin-right:5.88235294117647%;"><p style="margin:0pt;text-align:left;color:#000000;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;"><font style="display:inline;font-size:10pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt;border-bottom:1pt none #D9D9D9 ;color:#000000;text-align:center;font-weight:bold;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
			<font style="display:inline;color:#000000;font-size:11pt;">SCHEDULE 1</font>
		</p>
		<p style="margin:0pt;border-top:1pt none #D9D9D9 ;color:#000000;text-align:center;font-weight:bold;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
			<a name="_DV_M75"></a><font style="display:inline;color:#000000;font-size:11pt;">DUTIES OF EMPLOYEE</font>
		</p>
		<p style="margin:0pt;text-align:left;color:#000000;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;">
			<font style="display:inline;font-size:10pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
			<a name="_DV_M76"></a><font style="display:inline;color:#000000;font-size:11pt;">The duties of Employee with AXOGEN</font><font style="display:inline;color:#000000;font-size:11pt;">&nbsp;</font><font style="display:inline;color:#000000;font-size:11pt;">CORPORATION </font><font style="display:inline;color:#000000;font-size:11pt;">("AXOGEN" or "Employer") are as follows:</font>
		</p>
		<p style="margin:0pt;text-align:left;color:#000000;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;">
			<font style="display:inline;font-size:10pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 12pt;">
			<a name="_DV_M77"></a><font style="display:inline;color:#000000;font-size:11pt;">1.</font><font style="display:inline;font-size:11pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display:inline;color:#000000;font-size:11pt;text-decoration:underline;">Employee's Title</font><font style="display:inline;color:#000000;font-size:11pt;">:&nbsp;&nbsp;AXOGEN hereby employs Employee as </font><font style="display:inline;">Vice President of Marketing</font><font style="display:inline;color:#000000;font-size:11pt;">, which title may change at AXOGEN's discretion.</font><font style="display:inline;color:#000000;font-size:11pt;"> &nbsp; &nbsp;</font>
		</p>
		<p style="margin:0pt;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;">
			<font style="display:inline;font-size:10pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt;border-bottom:1pt none #D9D9D9 ;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
			<a name="_DV_M78"></a><a name="_DV_M79"></a><font style="display:inline;color:#000000;font-size:11pt;">2.</font><font style="display:inline;font-size:11pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display:inline;color:#000000;font-size:11pt;text-decoration:underline;">Employee's Duties</font><font style="display:inline;color:#000000;font-size:11pt;">:&nbsp;&nbsp;During employment with AXOGEN, Employee's duties will include, without limitation, the following:</font>
		</p>
		<p style="margin:0pt;border-top:1pt none #D9D9D9 ;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;">
			<font style="display:inline;font-size:10pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
			<a name="_DV_M80"></a><font style="display:inline;color:#000000;font-size:11pt;">(a)</font><font style="display:inline;color:#000000;font-size:11pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display:inline;color:#000000;font-size:11pt;text-decoration:underline;">Description of Duties</font><font style="display:inline;color:#000000;font-size:11pt;">.&nbsp;&nbsp;Employee shall perform all duties in connection with Employee&#x2019;s position, or as otherwise designated by AXOGEN, including, without limitation, the following duties: </font>
		</p>
		<p style="margin:0pt;text-indent:36pt;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;">
			<font style="display:inline;font-size:10pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
			<font style="display:inline;font-size:11pt;">Provide</font><font style="display:inline;font-size:11pt;"> both operational and programmatic support to </font><font style="display:inline;font-size:11pt;">AXOGEN and INC</font><font style="display:inline;font-size:11pt;">. &nbsp;</font><font style="display:inline;font-size:11pt;">Supervise</font><font style="display:inline;font-size:11pt;"> the </font><font style="display:inline;font-size:11pt;">marketing</font><font style="display:inline;font-size:11pt;">&nbsp;</font><font style="display:inline;font-size:11pt;">function, lead the brand strategy and execution, lead the identification of and support the development of new products, lead the strategic plan for commercialization, prioritization and development of existing and new markets, lead the corporate PR function and provide support and input into investor relations</font><font style="display:inline;font-size:11pt;">.&nbsp;&nbsp;&nbsp;As a member of the senior management team, be involved in strategic planning, evaluation, and professional development initiatives</font><font style="display:inline;font-size:11pt;">.</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;">
			<font style="display:inline;font-size:10pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
			<font style="display:inline;color:#000000;font-size:11pt;">(b)</font><font style="display:inline;color:#000000;font-size:11pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display:inline;color:#000000;font-size:11pt;text-decoration:underline;">Report to AXOGEN Designated Manager</font><font style="display:inline;color:#000000;font-size:11pt;">.&nbsp;&nbsp;Employee shall report to the </font><font style="display:inline;color:#000000;font-size:11pt;">CEO </font><font style="display:inline;color:#000000;font-size:11pt;">of AXOGEN.</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;">
			<font style="display:inline;font-size:10pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt;border-bottom:1pt none #D9D9D9 ;color:#000000;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
			<a name="_DV_M82"></a><font style="display:inline;color:#000000;font-size:11pt;">(c)</font><font style="display:inline;color:#000000;font-size:11pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display:inline;color:#000000;font-size:11pt;text-decoration:underline;">Compliance With Employee Policies and Procedures</font><font style="display:inline;color:#000000;font-size:11pt;">.&nbsp;&nbsp;Employee shall comply with all AXOGEN policies and procedures for employees as such policies and procedures may exist from time to time.</font>
		</p>
		<p style="margin:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;color:#000000;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;">
			<font style="display:inline;font-size:10pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;color:#000000;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
			<a name="_DV_M83"></a><font style="display:inline;color:#000000;font-size:11pt;">(d)</font><font style="display:inline;color:#000000;font-size:11pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display:inline;color:#000000;font-size:11pt;text-decoration:underline;">No Other Business Activities</font><font style="display:inline;color:#000000;font-size:11pt;">.&nbsp; </font>
		</p>
		<p style="margin:0pt;border-top:1pt none #D9D9D9 ;color:#000000;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;">
			<font style="display:inline;font-size:10pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt;text-indent:72pt;border-bottom:1pt none #D9D9D9 ;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
			<a name="_DV_M84"></a><font style="display:inline;color:#000000;font-size:11pt;">(i)</font><font style="display:inline;color:#000000;font-size:11pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display:inline;color:#000000;font-size:11pt;">Employee shall devote Employee&#x2019;s entire professional time, energy and skill to the performance of Employee&#x2019;s duties pursuant to the Agreement, the service of AXOGEN, and promotion of AXOGEN&#x2019;s interests.&nbsp;&nbsp;The Parties agree that Employee may not during Employee's employment, except as permitted in writing by AXOGEN, be engaged in any other business activity, whether or not such activity is pursued for gain, profit, or other pecuniary advantage including, without limitation, management or management consulting activities.&nbsp; </font>
		</p>
		<p style="margin:0pt;text-indent:72pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;">
			<font style="display:inline;font-size:10pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt;text-indent:72pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
			<a name="_DV_M85"></a><font style="display:inline;color:#000000;font-size:11pt;">(ii)</font><font style="display:inline;color:#000000;font-size:11pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display:inline;color:#000000;font-size:11pt;">Notwithstanding the preceding subsection, Employee may invest Employee&#x2019;s personal assets in businesses or real estate that are not in competition with AXOGEN where the form or manner of such investment will not require services on the part of Employee, and in which Employee&#x2019;s participation is solely that of a passive investor.&nbsp; </font>
		</p>
		<p style="margin:0pt;text-indent:72pt;border-top:1pt none #D9D9D9 ;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;">
			<font style="display:inline;font-size:10pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;text-align:left;color:#000000;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
			<a name="_DV_M86"></a><a name="_DV_M87"></a><font style="display:inline;color:#000000;font-size:11pt;">(e)</font><font style="display:inline;color:#000000;font-size:11pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display:inline;color:#000000;font-size:11pt;text-decoration:underline;">Compliance with AXOGEN&#x2019;s Rules and Regulations.</font><font style="display:inline;color:#000000;font-size:11pt;"> &nbsp;Employee agrees to abide by all rules and regulations established from time to time by AXOGEN.</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;text-align:left;color:#000000;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;">
			<font style="display:inline;font-size:10pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt;text-align:left;color:#000000;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 12pt;">
			<a name="_DV_M88"></a><font style="display:inline;font-weight:bold;color:#000000;"></font>
		</p>
		<p style="margin:0pt;text-align:left;color:#000000;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 12pt;">
			<font style="display:inline;"></font></p></div><div style="margin-left:5.88235294117647%;margin-right:5.88235294117647%;">
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:24pt 0pt 0pt;text-align:center;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 12pt;">

			<font style="display:inline;font-size:11pt;">Page</font><font style="display:inline;">&nbsp;</font><font style="display:inline;font-size:11pt;">S</font><font style="display:inline;">-</font><font style="display:inline;font-size:11pt;">2</font><font style="display:inline;font-size:11pt;"></font><font style="display:inline;font-size:11pt;"></font><font style="display:inline;font-size:11pt;"></font><font style="display:inline;font-size:11pt;"></font>

		</p>

</div></div><div style="margin-left:5.88235294117647%;margin-right:5.88235294117647%;"><hr align="center" style='background-color:#000000; border-width:0; color:#000000; height:2pt; lineheight:0; width:100%;'></hr><p style="page-break-after:always">&nbsp;</p></div><div style="margin-left:5.88235294117647%;margin-right:5.88235294117647%;"></div><div style="margin-left:5.88235294117647%;margin-right:5.88235294117647%;"><p style="margin:0pt;text-align:left;color:#000000;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 12pt;"><font style="display:inline;">&nbsp;</font>
		</p>
		<p style="margin:0pt;text-align:center;color:#000000;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 12pt;">
			<font style="display:inline;font-weight:bold;color:#000000;">SCHEDULE 2</font>
		</p>
		<p style="margin:0pt;text-align:center;color:#000000;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
			<a name="_DV_M89"></a><font style="display:inline;font-weight:bold;color:#000000;font-size:11pt;">COMPENSATION AND BENEFITS</font>
		</p>
		<p style="margin:0pt;text-align:left;color:#000000;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;">
			<font style="display:inline;font-size:10pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;border-bottom:1pt none #D9D9D9 ;color:#000000;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
			<a name="_DV_M90"></a><font style="display:inline;color:#000000;font-size:11pt;">Subject to the terms and conditions of the Executive Employment Agreement (the "Agreement"), Employee may be entitled to receive from AXOGEN</font><font style="display:inline;color:#000000;font-size:11pt;"> Corporation </font><font style="display:inline;color:#000000;font-size:11pt;">("AXOGEN" or "Employer") the following compensation and benefits:</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9 ;color:#000000;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;">
			<font style="display:inline;font-size:10pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt;border-bottom:1pt none #D9D9D9 ;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
			<a name="_DV_M91"></a><font style="display:inline;color:#000000;font-size:11pt;">1.</font><font style="display:inline;font-size:11pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display:inline;color:#000000;font-size:11pt;text-decoration:underline;">Base Salary</font><font style="display:inline;color:#000000;font-size:11pt;">.&nbsp; </font>
		</p>
		<p style="margin:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;">
			<font style="display:inline;font-size:10pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
			<a name="_DV_M92"></a><font style="display:inline;color:#000000;font-size:11pt;">(a)</font><font style="display:inline;color:#000000;font-size:11pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display:inline;color:#000000;font-size:11pt;text-decoration:underline;">Amount</font><font style="display:inline;color:#000000;font-size:11pt;">.&nbsp;&nbsp;Employee's salary during employment with AXOGEN will be at the rate of </font><font style="display:inline;color:#000000;font-size:11pt;">$</font><font style="display:inline;color:#000000;font-size:11pt;">290,000</font><font style="display:inline;color:#000000;font-size:11pt;"> &nbsp;(</font><font style="display:inline;color:#000000;font-size:11pt;">Two</font><font style="display:inline;color:#000000;font-size:11pt;"> Hundred </font><font style="display:inline;color:#000000;font-size:11pt;">Ninty</font><font style="display:inline;color:#000000;font-size:11pt;"> Thousand </font><font style="display:inline;color:#000000;font-size:11pt;">Dollars) annually, (the "Base Salary") effective upon execution and delivery of the Agreement and Employee's first day of employment with AXOGEN.&nbsp; </font><a name="_DV_M93"></a>
		</p>
		<p style="margin:0pt;text-indent:36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;">
			<font style="display:inline;font-size:10pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
			<font style="display:inline;color:#000000;font-size:11pt;">(b)</font><font style="display:inline;color:#000000;font-size:11pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display:inline;color:#000000;font-size:11pt;text-decoration:underline;">Payment</font><font style="display:inline;color:#000000;font-size:11pt;">.&nbsp;&nbsp;The Base Salary shall be payable in accordance with the existing payroll practices of AXOGEN, which practices may be changed by AXOGEN from time to time at its sole discretion.&nbsp;&nbsp;The Base Salary shall be subject to all appropriate withholding taxes.</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;border-top:1pt none #D9D9D9 ;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;">
			<font style="display:inline;font-size:10pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt;border-bottom:1pt none #D9D9D9 ;color:#000000;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
			<a name="_DV_M94"></a><font style="display:inline;color:#000000;font-size:11pt;">(c)</font><font style="display:inline;color:#000000;font-size:11pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display:inline;color:#000000;font-size:11pt;text-decoration:underline;">Review of Base Salary</font><font style="display:inline;color:#000000;font-size:11pt;">.&nbsp;&nbsp;The Base Salary shall be reviewed by AXOGEN on an annual basis; however AXOGEN reserves the right to increase or decrease the Base Salary at any time during the employment relationship in its sole discretion.</font>
		</p>
		<p style="margin:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;color:#000000;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;">
			<font style="display:inline;font-size:10pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;color:#000000;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
			<a name="_DV_M95"></a><font style="display:inline;color:#000000;font-size:11pt;">(d)</font><font style="display:inline;color:#000000;font-size:11pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display:inline;color:#000000;font-size:11pt;text-decoration:underline;">Additional Compensation</font><font style="display:inline;color:#000000;font-size:11pt;">.&nbsp;&nbsp;In addition to the Base Salary, Employee may also be eligible to receive stock options, benefits, paid vacations and holidays during Employee's Employment.&nbsp; </font>
		</p>
		<p style="margin:0pt;border-top:1pt none #D9D9D9 ;color:#000000;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;">
			<font style="display:inline;font-size:10pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt;border-bottom:1pt none #D9D9D9 ;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
			<a name="_DV_M96"></a><font style="display:inline;color:#000000;font-size:11pt;">2.</font><font style="display:inline;font-size:11pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display:inline;color:#000000;font-size:11pt;text-decoration:underline;">Business Expenses and Reimbursements</font><font style="display:inline;color:#000000;font-size:11pt;">.&nbsp;&nbsp;Employee shall be eligible for reimbursement by AXOGEN in accordance with AXOGEN&#x2019;s normal reimbursement practices for ordinary and necessary business expenses incurred by Employee in the performance of Employee&#x2019;s duties for AXOGEN, so long as Employee timely submits to AXOGEN accurate invoices and receipts of all expenses submitted for reimbur</font><font style="display:inline;color:#000000;font-size:11pt;">sement pursuant to this section.&nbsp;&nbsp;Employee will be</font><font style="display:inline;color:#000000;font-size:11pt;"> reimbursed for moving expenses</font><font style="display:inline;color:#000000;font-size:11pt;"> if the move is completed within one year are the start of employment up to a maximum of </font><font style="display:inline;color:#000000;font-size:11pt;">$65,000.</font>
		</p>
		<p style="margin:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;">
			<font style="display:inline;font-size:10pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
			<a name="_DV_M97"></a><a name="_DV_M98"></a><a name="_DV_M99"></a><font style="display:inline;color:#000000;font-size:11pt;">3</font><font style="display:inline;color:#000000;font-size:11pt;">.</font><font style="display:inline;font-size:11pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display:inline;color:#000000;font-size:11pt;text-decoration:underline;">Benefits</font><font style="display:inline;color:#000000;font-size:11pt;">.&nbsp;&nbsp;Employee will be permitted to participate in such benefit plans of AXOGEN that may be in effect from time to time, to the extent Employee is eligible under the terms of those plans. Nothing herein shall be construed to require AXOGEN to institute or continue any particular plan or benefit.&nbsp;&nbsp;AXOGEN reserves the right to add, change, or eliminate any benefits at any time at its sole discretion.</font>
		</p>
		<p style="margin:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;">
			<font style="display:inline;font-size:10pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
			<a name="_DV_M101"></a><font style="display:inline;color:#000000;font-size:11pt;">4</font><font style="display:inline;color:#000000;font-size:11pt;">.</font><font style="display:inline;font-size:11pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display:inline;color:#000000;font-size:11pt;text-decoration:underline;">Vacations and Holidays</font><font style="display:inline;color:#000000;font-size:11pt;">.&nbsp; </font><font style="display:inline;color:#000000;font-size:11pt;">Employee will be entitled to paid vacation and holidays in accordance with the vacation and holiday policies of AXOGEN in effect for its employees from time to time.&nbsp;&nbsp;Vacation must be taken by Employee at such time or times as approved by AXOGEN.</font><font style="display:inline;color:#000000;font-size:11pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;">
			<font style="display:inline;font-size:10pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
			<font style="display:inline;color:#000000;font-size:11pt;">5</font><font style="display:inline;color:#000000;font-size:11pt;">.</font><font style="display:inline;font-size:11pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display:inline;color:#000000;font-size:11pt;text-decoration:underline;">Bonus</font><font style="display:inline;color:#000000;font-size:11pt;">. &nbsp;</font>
		</p>
		<p style="margin:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;">
			<font style="display:inline;font-size:10pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
			<font style="display:inline;color:#000000;font-size:11pt;">(a)</font><font style="display:inline;color:#000000;font-size:11pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display:inline;color:#000000;font-size:11pt;">Calculation. During the Employment Period, Employee may receive a bonus based on an AXOGEN bonus plan, as determined by AXOGEN in its sole discretion.</font><font style="display:inline;color:#000000;font-size:11pt;"> &nbsp;Bonus for 2016 will be pro-rated based on Employee start date and his target rate set at 40% of salary subject to the conditions of such bonus as established by the AXOGEN Board of directors.</font>
		</p>
		<p style="margin:0pt;border-top:1pt none #D9D9D9 ;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;">
			<font style="display:inline;font-size:10pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt;text-align:left;color:#000000;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
			<font style="display:inline;color:#000000;font-size:11pt;"></font>
		</p>
		<p style="margin:0pt;text-align:left;color:#000000;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;">
			<font style="display:inline;font-size:10pt;"></font></p></div><div style="margin-left:5.88235294117647%;margin-right:5.88235294117647%;">
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:24pt 0pt 0pt;text-align:center;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 12pt;">

			<font style="display:inline;font-size:11pt;">Page</font><font style="display:inline;">&nbsp;</font><font style="display:inline;font-size:11pt;">S</font><font style="display:inline;">-</font><font style="display:inline;font-size:11pt;">3</font><font style="display:inline;font-size:11pt;"></font><font style="display:inline;font-size:11pt;"></font><font style="display:inline;font-size:11pt;"></font><font style="display:inline;font-size:11pt;"></font>

		</p>

</div></div><div style="margin-left:5.88235294117647%;margin-right:5.88235294117647%;"><hr align="center" style='background-color:#000000; border-width:0; color:#000000; height:2pt; lineheight:0; width:100%;'></hr><p style="page-break-after:always">&nbsp;</p></div><div style="margin-left:5.88235294117647%;margin-right:5.88235294117647%;"></div><div style="margin-left:5.88235294117647%;margin-right:5.88235294117647%;"><p style="margin:0pt;text-align:left;color:#000000;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;"><font style="display:inline;font-size:10pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;border-bottom:1pt none #D9D9D9 ;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
			<font style="display:inline;color:#000000;font-size:11pt;">(b)</font><font style="display:inline;color:#000000;font-size:11pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display:inline;color:#000000;font-size:11pt;">Payment.&nbsp;&nbsp;The Bonus if paid shall be paid in accordance with, and subject to, the normal payroll policies of AXOGEN with respect to similar forms of compensation, including, without limitation, being subject to all appropriate withholding taxes. </font>
		</p>
		<p style="margin:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;">
			<font style="display:inline;font-size:10pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
			<a name="_DV_M102"></a><font style="display:inline;color:#000000;font-size:11pt;">6</font><font style="display:inline;color:#000000;font-size:11pt;">.</font><a name="_DV_M105"></a><font style="display:inline;font-size:11pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display:inline;color:#000000;font-size:11pt;text-decoration:underline;">Compensation Review</font><font style="display:inline;color:#000000;font-size:11pt;">.&nbsp;&nbsp;AXOGEN shall, from time to time, but no less frequently than annually, review Employee's compensation (including benefits) and may, in its sole discretion, increase, or decrease, or eliminate any or all of the benefits.&nbsp;&nbsp;Any such increase or decrease in the compensation package shall be valid only if in writing, executed by a duly authorized officer of AXOGEN, and such writing shall constitute an amendment to this Paragraph </font><font style="display:inline;color:#000000;font-size:11pt;">6</font><font style="display:inline;color:#000000;font-size:11pt;"> (and to the Agreement and any applicable Schedules or Exhibits) solely as to the benefits, without waiver or modification of any other terms, conditions or provisions of the Agreement.</font><a name="_DV_M106"></a>
		</p>
		<p style="margin:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;">
			<font style="display:inline;font-size:10pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
			<font style="display:inline;color:#000000;font-size:11pt;">7</font><font style="display:inline;color:#000000;font-size:11pt;">.</font><font style="display:inline;font-size:11pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display:inline;color:#000000;font-size:11pt;text-decoration:underline;">No Other Compensation</font><font style="display:inline;color:#000000;font-size:11pt;">.&nbsp;&nbsp;Employee agrees that the compensation and benefits set forth in the Agreement and this Schedule 2 are the sole and exclusive compensation and benefits to which Employee is entitled pursuant to the Agreement and this Schedule 2, and that Employee shall have no rights to receive any other compensation or benefits of any nature from AXOGEN.</font>
		</p>
		<p style="margin:0pt;border-top:1pt none #D9D9D9 ;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;">
			<font style="display:inline;font-size:10pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt;text-align:left;color:#000000;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 12pt;">
			&nbsp;<a name="_DV_M107"></a>
		</p>
		<p style="margin:0pt;text-align:left;color:#000000;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;">
			<font style="display:inline;font-size:10pt;"></font></p></div><div style="margin-left:5.88235294117647%;margin-right:5.88235294117647%;">
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:24pt 0pt 0pt;text-align:center;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 12pt;">

			<font style="display:inline;font-size:11pt;">Page</font><font style="display:inline;">&nbsp;</font><font style="display:inline;font-size:11pt;">S</font><font style="display:inline;">-</font><font style="display:inline;font-size:11pt;">4</font><font style="display:inline;font-size:11pt;"></font><font style="display:inline;font-size:11pt;"></font><font style="display:inline;font-size:11pt;"></font><font style="display:inline;font-size:11pt;"></font>

		</p>

</div></div><div style="margin-left:5.88235294117647%;margin-right:5.88235294117647%;"><hr align="center" style='background-color:#000000; border-width:0; color:#000000; height:2pt; lineheight:0; width:100%;'></hr><p style="page-break-after:always">&nbsp;</p></div><div style="margin-left:5.88235294117647%;margin-right:5.88235294117647%;"></div><div style="margin-left:5.88235294117647%;margin-right:5.88235294117647%;"><p style="margin:0pt;text-align:left;color:#000000;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;"><font style="display:inline;font-size:10pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt;color:#000000;text-align:center;text-decoration:underline;font-weight:bold;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
			<font style="display:inline;color:#000000;font-size:11pt;">EXHIBIT A OF EMPLOYMENT AGREEMENT</font>
		</p>
		<p style="margin:0pt;text-align:center;color:#000000;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
			<a name="_DV_M108"></a><font style="display:inline;font-weight:bold;color:#000000;font-size:11pt;text-decoration:underline;">INVENTION ASSIGNMENT AND CONFIDENTIALITY AGREEMENT</font>
		</p>
		<p style="margin:0pt;text-align:center;color:#000000;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;">
			<font style="display:inline;font-size:10pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt;border-bottom:1pt none #D9D9D9 ;color:#000000;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
			<a name="_DV_M109"></a><font style="display:inline;color:#000000;font-size:11pt;">THIS INVENTION ASSIGNMENT AND CONFIDENTIALITY AGREEMENT (the "Invention and Confidentiality Agreement") is entered into as of the date first written below, by and between AXOGEN</font><font style="display:inline;color:#000000;font-size:11pt;"> Corporation</font><font style="display:inline;color:#000000;font-size:11pt;"> ("AXOGEN" or "Employer") and the undersigned AXOGEN employee, ("Employee") for and in consideration of Employee's continued employment by AXOGEN and the compensation that Employee shall receive during Employee's employment, the Parties agree as follows:</font>
		</p>
		<p style="margin:0pt;border-top:1pt none #D9D9D9 ;color:#000000;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;">
			<font style="display:inline;font-size:10pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt;border-bottom:1pt none #D9D9D9 ;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
			<a name="_DV_M110"></a><font style="display:inline;color:#000000;font-size:11pt;">1.</font><font style="display:inline;font-size:11pt;color:#000000;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display:inline;color:#000000;font-size:11pt;text-decoration:underline;">Employee&#x2019;s Covenants, Representations and Warranties</font><font style="display:inline;color:#000000;font-size:11pt;">.&nbsp;&nbsp;Both during and after the termination of Employee&#x2019;s employment by AXOGEN for any reason or for no reason:</font>
		</p>
		<p style="margin:0pt;border-top:1pt none #D9D9D9 ;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;">
			<font style="display:inline;font-size:10pt;color:#000000;">&nbsp;</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;border-bottom:1pt none #D9D9D9 ;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
			<a name="_DV_M111"></a><font style="display:inline;font-size:11pt;color:#000000;">A.</font><font style="display:inline;font-size:11pt;color:#000000;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display:inline;font-size:11pt;text-decoration:underline;color:#000000;">Non-Disclosure</font><font style="display:inline;font-size:11pt;color:#000000;">.&nbsp;&nbsp;Employee shall not disclose to anyone outside AXOGEN any Confidential Information.&nbsp; </font><a name="_DV_M112"></a><font style="display:inline;font-size:11pt;color:#000000;">"Confidential Information" shall include, without limitation, </font>
		</p>
		<p style="margin:0pt;text-indent:36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;">
			<font style="display:inline;font-size:10pt;color:#000000;">&nbsp;</font>
		</p>
		<p style="margin:0pt;text-indent:72pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
			<font style="display:inline;font-size:11pt;color:#000000;">(i)</font><font style="display:inline;font-size:11pt;color:#000000;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display:inline;font-size:11pt;color:#000000;">all information, which has not been made publicly available by AXOGEN or the third-party owner of such information, which was developed by AXOGEN, any of AXOGEN&#x2019;s employees or independent contractors, or was developed for AXOGEN, including but not limited to Developments (as defined below in Section 3), technical data, specifications, designs, programs, software, hardware, concepts, discoveries, copyrights, improvements, product pla</font><font style="display:inline;font-size:11pt;color:#000000;">ns, research and development, </font><font style="display:inline;font-size:11pt;color:#000000;">personnel information, contents of manuals, financial information, customer lists, leads, marketing programs, testing programs, and/or other written materials; </font>
		</p>
		<p style="margin:0pt;text-indent:72pt;border-top:1pt none #D9D9D9 ;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;">
			<font style="display:inline;font-size:10pt;color:#000000;">&nbsp;</font>
		</p>
		<p style="margin:0pt;text-indent:72pt;border-bottom:1pt none #D9D9D9 ;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
			<a name="_DV_M113"></a><font style="display:inline;color:#000000;font-size:11pt;">(ii)</font><font style="display:inline;color:#000000;font-size:11pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display:inline;color:#000000;font-size:11pt;">all documents marked as confidential and/or containing such information; and/or</font>
		</p>
		<p style="margin:0pt;text-indent:72pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;">
			<font style="display:inline;font-size:10pt;color:#000000;">&nbsp;</font>
		</p>
		<p style="margin:0pt;text-indent:72pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
			<a name="_DV_M114"></a><font style="display:inline;color:#000000;font-size:11pt;">(iii)</font><font style="display:inline;color:#000000;font-size:11pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display:inline;color:#000000;font-size:11pt;">all information AXOGEN has acquired or received from a third party in confidence.</font>
		</p>
		<p style="margin:0pt;text-indent:72pt;border-top:1pt none #D9D9D9 ;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;">
			<font style="display:inline;font-size:10pt;color:#000000;">&nbsp;</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;border-bottom:1pt none #D9D9D9 ;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
			<a name="_DV_M115"></a><font style="display:inline;color:#000000;font-size:11pt;">B.</font><font style="display:inline;color:#000000;font-size:11pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display:inline;color:#000000;font-size:11pt;text-decoration:underline;">Use of Confidential Information</font><font style="display:inline;color:#000000;font-size:11pt;">.&nbsp;&nbsp;Employee shall use Confidential Information only for AXOGEN&#x2019;s business purposes. </font>
		</p>
		<p style="margin:0pt;text-indent:36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;">
			<font style="display:inline;font-size:10pt;color:#000000;">&nbsp;</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
			<a name="_DV_M116"></a><font style="display:inline;color:#000000;font-size:11pt;">C.</font><font style="display:inline;color:#000000;font-size:11pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display:inline;color:#000000;font-size:11pt;text-decoration:underline;">Confidential Information and Materials Furnished by AXOGEN</font><font style="display:inline;color:#000000;font-size:11pt;">.&nbsp;&nbsp;Employee agrees that the Confidential Information and any other materials furnished by AXOGEN to Employee, (i) are proprietary to AXOGEN and contain specialized and unique information not obtainable from ordinary sources, (ii) have been created by AXOGEN at considerable time and expense, and (iii) shall remain, at all times, the exclusive and sole property of AXOGEN.</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;">
			<font style="display:inline;font-size:10pt;color:#000000;">&nbsp;</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
			<a name="_DV_M117"></a><font style="display:inline;color:#000000;font-size:11pt;">D.</font><font style="display:inline;color:#000000;font-size:11pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display:inline;color:#000000;font-size:11pt;text-decoration:underline;">Use of Third-Party Information</font><font style="display:inline;color:#000000;font-size:11pt;">.&nbsp;&nbsp;Employee shall not disclose to AXOGEN, use in AXOGEN&#x2019;s business, or cause AXOGEN to use any information or material which is confidential to any third party unless AXOGEN has a written agreement with the third party allowing AXOGEN to receive and use the confidential information or materials.&nbsp; </font>
		</p>
		<p style="margin:0pt;text-indent:36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;">
			<font style="display:inline;font-size:10pt;color:#000000;">&nbsp;</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
			<a name="_DV_M118"></a><font style="display:inline;color:#000000;font-size:11pt;">E.</font><font style="display:inline;color:#000000;font-size:11pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display:inline;color:#000000;font-size:11pt;text-decoration:underline;">Use of Copyrights</font><font style="display:inline;color:#000000;font-size:11pt;">.&nbsp;&nbsp;Employee will not incorporate into Employee's work any material that is subject to the copyrights of any third party unless AXOGEN has the right to copy and incorporate such copyrighted material.</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;">
			<font style="display:inline;font-size:10pt;color:#000000;">&nbsp;</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
			<a name="_DV_M119"></a><font style="display:inline;color:#000000;font-size:11pt;">F.</font><font style="display:inline;color:#000000;font-size:11pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display:inline;color:#000000;font-size:11pt;text-decoration:underline;">Trade Secrets</font><font style="display:inline;color:#000000;font-size:11pt;">.&nbsp;&nbsp;Employee acknowledges AXOGEN&#x2019;s legitimate business interest in protecting its trade secrets and customer lists and in preventing direct solicitation of its </font>
		</p>
		<p style="margin:0pt;text-indent:36pt;border-top:1pt none #D9D9D9 ;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;">
			<font style="display:inline;font-size:10pt;color:#000000;">&nbsp;</font>
		</p>
		<p style="margin:0pt;text-align:left;color:#000000;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
			<font style="display:inline;color:#000000;font-size:11pt;"></font>
		</p>
		<p style="margin:0pt;text-align:left;color:#000000;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;">
			<font style="display:inline;font-size:10pt;"></font></p></div><div style="margin-left:5.88235294117647%;margin-right:5.88235294117647%;">
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:24pt 0pt 0pt;text-align:center;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 12pt;">

			<font style="display:inline;font-size:11pt;">Page</font><font style="display:inline;">&nbsp;</font><font style="display:inline;font-size:11pt;">A</font><font style="display:inline;">-</font><font style="display:inline;font-size:11pt;">1</font><font style="display:inline;font-size:11pt;"></font><font style="display:inline;font-size:11pt;"></font><font style="display:inline;font-size:11pt;"></font><font style="display:inline;font-size:11pt;"></font>

		</p>

</div></div><div style="margin-left:5.88235294117647%;margin-right:5.88235294117647%;"><hr align="center" style='background-color:#000000; border-width:0; color:#000000; height:2pt; lineheight:0; width:100%;'></hr><p style="page-break-after:always">&nbsp;</p></div><div style="margin-left:5.88235294117647%;margin-right:5.88235294117647%;"></div><div style="margin-left:5.88235294117647%;margin-right:5.88235294117647%;"><p style="margin:0pt;text-align:left;color:#000000;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;"><font style="display:inline;font-size:10pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt;border-bottom:1pt none #D9D9D9 ;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
			<font style="display:inline;color:#000000;font-size:11pt;">customers and agrees that any unauthorized use of trade secrets shall be presumed to be an irreparable injury that may be specifically enjoined.</font>
		</p>
		<p style="margin:0pt;border-top:1pt none #D9D9D9 ;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;">
			<font style="display:inline;font-size:10pt;color:#000000;">&nbsp;</font>
		</p>
		<p style="margin:0pt;border-bottom:1pt none #D9D9D9 ;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
			<a name="_DV_M120"></a><font style="display:inline;color:#000000;font-size:11pt;">2.</font><font style="display:inline;font-size:11pt;color:#000000;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display:inline;color:#000000;font-size:11pt;text-decoration:underline;">Return of Confidential Information and Materials</font><font style="display:inline;color:#000000;font-size:11pt;">.&nbsp;&nbsp;Employee shall, immediately upon AXOGEN&#x2019;s request, or the termination of Employee&#x2019;s employment, for any reason, whether by Employee or AXOGEN, return to AXOGEN all Confidential Information and other materials furnished to Employee, and any and all third-party property, and/or copies of the same, and all documentation, notebooks and notes, reports and any other materials whether electronic or print media containing or derived from the Confidential Information and other materials furnished to Employee by AXOGEN.</font>
		</p>
		<p style="margin:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;">
			<font style="display:inline;font-size:10pt;color:#000000;">&nbsp;</font>
		</p>
		<p style="margin:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
			<a name="_DV_M121"></a><font style="display:inline;color:#000000;font-size:11pt;">3.</font><font style="display:inline;font-size:11pt;color:#000000;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display:inline;color:#000000;font-size:11pt;text-decoration:underline;">Assignment of Rights</font><font style="display:inline;color:#000000;font-size:11pt;">.&nbsp;&nbsp;Employee hereby grants, transfers and assigns and agrees to grant, transfer and assign to AXOGEN all of Employee&#x2019;s rights, title and interest, if any, in any and all Developments, including rights to translation and reproductions in all forms or formats and the copyrights, patent rights and moral rights to the same, if any, and agrees that AXOGEN may further perfect AXOGEN&#x2019;s United States and foreign rights in, and to any and all, Developments under patents and copyrights.&nbsp;&nbsp;"Developments" shall mean any idea, invention, process, design, concept, or useful article (whether the design is ornamental or otherwise), computer program, trademark, trade secret, documentation, literary work, audiovisual work and any other work of authorship, hereafter expressed, made or conceived solely or jointly by Employee during Employee's employment, whether or not subject to patent, copyright or other forms of protection that is:</font>
		</p>
		<p style="margin:0pt;border-top:1pt none #D9D9D9 ;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;">
			<font style="display:inline;font-size:10pt;color:#000000;">&nbsp;</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;border-bottom:1pt none #D9D9D9 ;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
			<a name="_DV_M122"></a><font style="display:inline;color:#000000;font-size:11pt;">A.</font><font style="display:inline;color:#000000;font-size:11pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display:inline;color:#000000;font-size:11pt;">related to the actual or anticipated business, research or development of AXOGEN; and/or</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;">
			<font style="display:inline;font-size:10pt;color:#000000;">&nbsp;</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
			<a name="_DV_M123"></a><font style="display:inline;color:#000000;font-size:11pt;">B.</font><font style="display:inline;color:#000000;font-size:11pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display:inline;color:#000000;font-size:11pt;">suggested by or resulting from any task assigned to Employee or work performed by Employee for or on behalf of AXOGEN.</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;border-top:1pt none #D9D9D9 ;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;">
			<font style="display:inline;font-size:10pt;color:#000000;">&nbsp;</font>
		</p>
		<p style="margin:0pt;border-bottom:1pt none #D9D9D9 ;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
			<a name="_DV_M124"></a><font style="display:inline;color:#000000;font-size:11pt;">4.</font><font style="display:inline;font-size:11pt;color:#000000;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display:inline;color:#000000;font-size:11pt;text-decoration:underline;">Copyrights</font><font style="display:inline;color:#000000;font-size:11pt;">.&nbsp;&nbsp;Employee acknowledges that the copyrights in Developments created by Employee in the scope of Employee's employment belong to AXOGEN by operation of law, or may belong to a party engaged by AXOGEN by operation of law pursuant to a works-for-hire contract between AXOGEN and such contracted third party.&nbsp;&nbsp;To the extent the copyrights in such works may not be owned by AXOGEN or such contracted party by operation of law, Employee hereby assigns and agrees to assign to AXOGEN or such contracted party, as the case may be, all copyrights (if any) Employee may have in Developments.</font>
		</p>
		<p style="margin:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;">
			<font style="display:inline;font-size:10pt;color:#000000;">&nbsp;</font>
		</p>
		<p style="margin:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
			<a name="_DV_M125"></a><font style="display:inline;color:#000000;font-size:11pt;">5.</font><font style="display:inline;font-size:11pt;color:#000000;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display:inline;color:#000000;font-size:11pt;text-decoration:underline;">Assistance in Obtaining Copyrights and Patents</font><font style="display:inline;color:#000000;font-size:11pt;">.&nbsp;&nbsp;At all times after the date of this Invention Assignment and Confidentiality Agreement, Employee agrees to assist AXOGEN in obtaining patents or copyrights on any Developments assigned to AXOGEN that AXOGEN, in its sole discretion, seeks to patent or copyright.&nbsp;&nbsp;Employee also agrees to sign all documents, and do all things necessary to obtain such patents or copyrights, to further assign them to AXOGEN, and to reasonably protect them and AXOGEN against infringement by other parties at AXOGEN expense with AXOGEN prior approval.</font>
		</p>
		<p style="margin:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;">
			<font style="display:inline;font-size:10pt;color:#000000;">&nbsp;</font>
		</p>
		<p style="margin:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
			<a name="_DV_M126"></a><font style="display:inline;color:#000000;font-size:11pt;">6.</font><font style="display:inline;font-size:11pt;color:#000000;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display:inline;color:#000000;font-size:11pt;text-decoration:underline;">Appointment of Attorney-In-Fact</font><font style="display:inline;color:#000000;font-size:11pt;">.&nbsp;&nbsp;Employee irrevocably appoints any AXOGEN-selected designee to act, at all times hereafter, as Employee&#x2019;s agent and attorney-in-fact to perform all acts necessary to obtain patents and/or copyrights as required by this Invention Assignment and Confidentiality Agreement if Employee (i) refuses to perform those acts or (ii) is unavailable, within the meaning of the United States Patent and Copyright laws.&nbsp;&nbsp;It is expressly intended by Employee that the foregoing power of attorney is coupled with an interest.</font>
		</p>
		<p style="margin:0pt;border-top:1pt none #D9D9D9 ;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;">
			<font style="display:inline;font-size:10pt;color:#000000;">&nbsp;</font>
		</p>
		<p style="margin:0pt;text-align:left;color:#000000;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
			<a name="_DV_M127"></a><font style="display:inline;color:#000000;font-size:11pt;"></font>
		</p>
		<p style="margin:0pt;text-align:left;color:#000000;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;">
			<font style="display:inline;font-size:10pt;"></font></p></div><div style="margin-left:5.88235294117647%;margin-right:5.88235294117647%;">
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:24pt 0pt 0pt;text-align:center;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 12pt;">

			<font style="display:inline;font-size:11pt;">Page</font><font style="display:inline;">&nbsp;</font><font style="display:inline;font-size:11pt;">A</font><font style="display:inline;">-</font><font style="display:inline;font-size:11pt;">2</font><font style="display:inline;font-size:11pt;"></font><font style="display:inline;font-size:11pt;"></font><font style="display:inline;font-size:11pt;"></font><font style="display:inline;font-size:11pt;"></font>

		</p>

</div></div><div style="margin-left:5.88235294117647%;margin-right:5.88235294117647%;"><hr align="center" style='background-color:#000000; border-width:0; color:#000000; height:2pt; lineheight:0; width:100%;'></hr><p style="page-break-after:always">&nbsp;</p></div><div style="margin-left:5.88235294117647%;margin-right:5.88235294117647%;"></div><div style="margin-left:5.88235294117647%;margin-right:5.88235294117647%;"><p style="margin:0pt;text-align:left;color:#000000;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;"><font style="display:inline;font-size:10pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt;border-bottom:1pt none #D9D9D9 ;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
			<font style="display:inline;color:#000000;font-size:11pt;">7.</font><font style="display:inline;font-size:11pt;color:#000000;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display:inline;color:#000000;font-size:11pt;text-decoration:underline;">Record Keeping</font><font style="display:inline;color:#000000;font-size:11pt;">.&nbsp;&nbsp;Employee shall keep complete, accurate, and authentic information and records of all Developments in the manner and form reasonably requested by AXOGEN.&nbsp;&nbsp;Such information and records, and all copies of the same, shall be the property of AXOGEN as to any Developments assigned AXOGEN.&nbsp;&nbsp;Employee agrees to promptly surrender such information and records at the request of AXOGEN as to any Developments.</font>
		</p>
		<p style="margin:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;">
			<font style="display:inline;font-size:10pt;color:#000000;">&nbsp;</font>
		</p>
		<p style="margin:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
			<a name="_DV_M128"></a><font style="display:inline;color:#000000;font-size:11pt;">8.</font><font style="display:inline;font-size:11pt;color:#000000;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display:inline;color:#000000;font-size:11pt;text-decoration:underline;">Developments</font><font style="display:inline;color:#000000;font-size:11pt;">.&nbsp;&nbsp;In connection with any of the Developments assigned by this Invention Assignment and Confidentiality Agreement, Employee hereby agrees:</font>
		</p>
		<p style="margin:0pt;border-top:1pt none #D9D9D9 ;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;">
			<font style="display:inline;font-size:10pt;color:#000000;">&nbsp;</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;border-bottom:1pt none #D9D9D9 ;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
			<a name="_DV_M129"></a><font style="display:inline;color:#000000;font-size:11pt;">A.</font><font style="display:inline;color:#000000;font-size:11pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display:inline;color:#000000;font-size:11pt;">to disclose them promptly to AXOGEN;</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;">
			<font style="display:inline;font-size:10pt;color:#000000;">&nbsp;</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
			<a name="_DV_M130"></a><font style="display:inline;color:#000000;font-size:11pt;">B.</font><font style="display:inline;color:#000000;font-size:11pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display:inline;color:#000000;font-size:11pt;">at AXOGEN&#x2019;s request, to execute separate written assignments to AXOGEN; </font>
		</p>
		<p style="margin:0pt;text-indent:36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;">
			<font style="display:inline;font-size:10pt;color:#000000;">&nbsp;</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
			<a name="_DV_M131"></a><font style="display:inline;color:#000000;font-size:11pt;">C.</font><font style="display:inline;color:#000000;font-size:11pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display:inline;color:#000000;font-size:11pt;">to provide AXOGEN with notice of any inadvertent disclosure of Confidential Information related to any Development; and</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;">
			<font style="display:inline;font-size:10pt;color:#000000;">&nbsp;</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
			<a name="_DV_M132"></a><font style="display:inline;color:#000000;font-size:11pt;">D.</font><font style="display:inline;color:#000000;font-size:11pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display:inline;color:#000000;font-size:11pt;">to do all things reasonably necessary to enable AXOGEN to secure patents, register copyrights or obtain any other form of protection for Developments in the United States and in other countries.&nbsp;&nbsp;If Employee fails or is unable to do so, Employee hereby authorizes AXOGEN to act under power of attorney for Employee to do all things to secure such rights. </font>
		</p>
		<p style="margin:0pt;text-indent:36pt;border-top:1pt none #D9D9D9 ;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;">
			<font style="display:inline;font-size:10pt;color:#000000;">&nbsp;</font>
		</p>
		<p style="margin:0pt;border-bottom:1pt none #D9D9D9 ;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
			<a name="_DV_M133"></a><font style="display:inline;color:#000000;font-size:11pt;">9.</font><font style="display:inline;font-size:11pt;color:#000000;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display:inline;color:#000000;font-size:11pt;text-decoration:underline;">No Designation as Author</font><font style="display:inline;color:#000000;font-size:11pt;">.&nbsp;&nbsp;AXOGEN, its subsidiaries, licensees, successors or assigns, (direct or indirect) is not required to designate Employee as author of any Developments when such Developments are distributed publicly or otherwise.&nbsp;&nbsp;Employee waives and releases, to the extent permitted by law, all Employee's rights to such designation and any rights concerning future modifications of such Developments.</font>
		</p>
		<p style="margin:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;">
			<font style="display:inline;font-size:10pt;color:#000000;">&nbsp;</font>
		</p>
		<p style="margin:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
			<a name="_DV_M134"></a><font style="display:inline;color:#000000;font-size:11pt;">10.</font><font style="display:inline;font-size:11pt;color:#000000;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display:inline;color:#000000;font-size:11pt;text-decoration:underline;">Assignability</font><font style="display:inline;color:#000000;font-size:11pt;">.&nbsp;&nbsp;Rights, assignments, and representations made or granted by Employee in this Invention Assignment and Confidentiality Agreement are assignable by AXOGEN without notice, and are for the benefit of AXOGEN&#x2019;s successors, assigns, and parties contracting with AXOGEN.</font>
		</p>
		<p style="margin:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;">
			<font style="display:inline;font-size:10pt;color:#000000;">&nbsp;</font>
		</p>
		<p style="margin:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
			<a name="_DV_M135"></a><font style="display:inline;color:#000000;font-size:11pt;">11.</font><font style="display:inline;font-size:11pt;color:#000000;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display:inline;color:#000000;font-size:11pt;text-decoration:underline;">Trade Secrets</font><font style="display:inline;color:#000000;font-size:11pt;">.&nbsp;&nbsp;Employee acknowledges that Employee is aware that a theft of trade secrets of an employer by an employee in Florida, such as is prohibited by this Invention </font><font style="display:inline;color:#000000;font-size:11pt;">Assignment and Confidentiality </font><font style="display:inline;color:#000000;font-size:11pt;">Agreement, constitutes a criminal violation of Florida Statute 812.081, punishable as a third-degree felony under Florida Statute 775.082, conviction for which carries a term of imprisonment not exceeding five (5) years.&nbsp;&nbsp;Employee acknowledges AXOGEN will seek vigorous prosecution under Florida Statutes for any violation thereof arising out of a breach by Employee of any of the material terms of this Invention </font><font style="display:inline;color:#000000;font-size:11pt;">Assignment and Confidentiality </font><font style="display:inline;color:#000000;font-size:11pt;">Agreement.</font>
		</p>
		<p style="margin:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;">
			<font style="display:inline;font-size:10pt;color:#000000;">&nbsp;</font>
		</p>
		<p style="margin:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
			<a name="_DV_M136"></a><font style="display:inline;color:#000000;font-size:11pt;">12.</font><font style="display:inline;font-size:11pt;color:#000000;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display:inline;color:#000000;font-size:11pt;text-decoration:underline;">Advice of Counsel</font><font style="display:inline;color:#000000;font-size:11pt;">.&nbsp;&nbsp;Employee acknowledges and agrees that Employee has read and understands the terms set forth in this Invention Assignment and Confidentiality Agreement and has been given a reasonable opportunity to consult with an attorney prior to execution of this Invention Assignment and Confidentiality Agreement and has either done so, or knowingly declined to do so.</font>
		</p>
		<p style="margin:0pt;border-top:1pt none #D9D9D9 ;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;">
			<font style="display:inline;font-size:10pt;color:#000000;">&nbsp;</font>
		</p>
		<p style="margin:0pt;text-align:left;color:#000000;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
			<a name="_DV_M137"></a><font style="display:inline;color:#000000;font-size:11pt;"></font>
		</p>
		<p style="margin:0pt;text-align:left;color:#000000;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;">
			<font style="display:inline;font-size:10pt;"></font></p></div><div style="margin-left:5.88235294117647%;margin-right:5.88235294117647%;">
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:24pt 0pt 0pt;text-align:center;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 12pt;">

			<font style="display:inline;font-size:11pt;">Page</font><font style="display:inline;">&nbsp;</font><font style="display:inline;font-size:11pt;">A</font><font style="display:inline;">-</font><font style="display:inline;font-size:11pt;">3</font><font style="display:inline;font-size:11pt;"></font><font style="display:inline;font-size:11pt;"></font><font style="display:inline;font-size:11pt;"></font><font style="display:inline;font-size:11pt;"></font>

		</p>

</div></div><div style="margin-left:5.88235294117647%;margin-right:5.88235294117647%;"><hr align="center" style='background-color:#000000; border-width:0; color:#000000; height:2pt; lineheight:0; width:100%;'></hr><p style="page-break-after:always">&nbsp;</p></div><div style="margin-left:5.88235294117647%;margin-right:5.88235294117647%;"></div><div style="margin-left:5.88235294117647%;margin-right:5.88235294117647%;"><p style="margin:0pt;text-align:left;color:#000000;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;"><font style="display:inline;font-size:10pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt;border-bottom:1pt none #D9D9D9 ;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
			<font style="display:inline;color:#000000;font-size:11pt;">13.</font><font style="display:inline;font-size:11pt;color:#000000;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display:inline;color:#000000;font-size:11pt;text-decoration:underline;">Miscellaneous Provisions</font><font style="display:inline;color:#000000;font-size:11pt;">.&nbsp; </font>
		</p>
		<p style="margin:0pt;border-top:1pt none #D9D9D9 ;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;">
			<font style="display:inline;font-size:10pt;color:#000000;">&nbsp;</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;border-bottom:1pt none #D9D9D9 ;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
			<a name="_DV_M138"></a><font style="display:inline;color:#000000;font-size:11pt;">A.</font><font style="display:inline;color:#000000;font-size:11pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display:inline;color:#000000;font-size:11pt;text-decoration:underline;">Further Assurances</font><font style="display:inline;color:#000000;font-size:11pt;">.&nbsp;&nbsp;The Parties hereby agree from time to time to execute and deliver such further and other transfers, assignments and documents and do all matters and things that may be convenient or necessary to more effectively and completely carry out the intentions of this Invention Assignment and Confidentiality Agreement.</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;">
			<font style="display:inline;font-size:10pt;color:#000000;">&nbsp;</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
			<a name="_DV_M140"></a><a name="_DV_M141"></a><a name="_DV_M142"></a><a name="_DV_M143"></a><font style="display:inline;color:#000000;font-size:11pt;">B.</font><font style="display:inline;color:#000000;font-size:11pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display:inline;color:#000000;font-size:11pt;text-decoration:underline;">Survival</font><font style="display:inline;color:#000000;font-size:11pt;">.&nbsp;&nbsp;All covenants, agreements, representations and warranties made in this Invention Assignment and Confidentiality Agreement or otherwise made in writing by any party pursuant to this Invention Assignment and Confidentiality Agreement shall survive the execution and delivery of this Invention Assignment and Confidentiality Agreement and the termination of employment of Employee.</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;">
			<font style="display:inline;font-size:10pt;color:#000000;">&nbsp;</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
			<a name="_DV_M144"></a><a name="_DV_M145"></a><font style="display:inline;color:#000000;font-size:11pt;">C.</font><font style="display:inline;color:#000000;font-size:11pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display:inline;color:#000000;font-size:11pt;text-decoration:underline;">Injunctive Relief</font><font style="display:inline;color:#000000;font-size:11pt;">.&nbsp;&nbsp;Employee acknowledges that AXOGEN will be irreparably damaged (and damages at law would be an inadequate remedy) if this Invention Assignment and Confidentiality Agreement is not specifically enforced.&nbsp;&nbsp;Therefore, in the event of a breach or threatened breach by Employee of any provision of this Invention Assignment and Confidentiality Agreement, AXOGEN shall be entitled, in addition to all other rights or remedies, to injunctions restraining such breach or threatened breach, without being required to show any actual damage or to post any bond or other security.</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;">
			<font style="display:inline;font-size:10pt;color:#000000;">&nbsp;</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
			<font style="display:inline;color:#000000;font-size:11pt;">D.</font><font style="display:inline;color:#000000;font-size:11pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display:inline;color:#000000;font-size:11pt;text-decoration:underline;">AxoGen, Inc.</font><font style="display:inline;color:#000000;font-size:11pt;text-decoration:underline;"> &nbsp;For purposes of this Agreement the defined term AXOGEN or Employer shall include AxoGen, Inc., AxoGen Corporation parent corporation.</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;border-top:1pt none #D9D9D9 ;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;">
			<font style="display:inline;font-size:10pt;color:#000000;">&nbsp;</font>
		</p>
		<p style="margin:0pt;border-bottom:1pt none #D9D9D9 ;color:#000000;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
			<a name="_DV_M146"></a><a name="_DV_M147"></a><a name="_DV_M149"></a><a name="_DV_M151"></a><font style="display:inline;color:#000000;font-size:11pt;">THE PARTIES TO THIS AGREEMENT have executed this Invention Assignment and Confidentiality Agreement as of the </font><font style="display:inline;color:#000000;font-size:11pt;">11</font><font style="display:inline;color:#000000;font-size:11pt;">th</font><font style="display:inline;color:#000000;font-size:11pt;"> day of </font><font style="display:inline;color:#000000;font-size:11pt;">March</font><font style="display:inline;color:#000000;font-size:11pt;">, 201</font><font style="display:inline;color:#000000;font-size:11pt;">6</font><font style="display:inline;color:#000000;font-size:11pt;">.</font>
		</p>
		<p style="margin:0pt;border-top:1pt none #D9D9D9 ;color:#000000;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;">
			<font style="display:inline;font-size:10pt;">&nbsp;</font>
		</p>
		<div style="width:100%;"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;width: 100.00%;margin-left:0pt;">
			<tr>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;width:49.16%;padding:0pt;">
					<p style="margin:0pt;color:#000000;font-weight:bold;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;">
						<a name="_DV_M152"></a><a name="_DV_M159"></a><font style="display:inline;font-size:10pt;">&nbsp;</font></p>
				</td>
				<td colspan="2" valign="top" style="border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;width:50.84%;padding:0pt;">
					<p style="margin:0pt;color:#000000;font-weight:bold;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
						<font style="display:inline;color:#000000;font-size:11pt;">AXOGEN Corporation </font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;width:49.16%;padding:0pt;">
					<p style="margin:0pt;color:#000000;font-weight:bold;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;">
						<font style="display:inline;font-size:10pt;">&nbsp;</font></p>
				</td>
				<td colspan="2" valign="top" style="border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;width:50.84%;padding:0pt;">
					<p style="margin:0pt;color:#000000;font-weight:bold;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 12pt;">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;width:49.16%;padding:0pt;">
					<p style="margin:0pt;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;">
						<font style="display:inline;font-size:10pt;">&nbsp;</font></p>
				</td>
				<td colspan="2" valign="top" style="border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;width:50.84%;padding:0pt;">
					<p style="margin:0pt;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 12pt;">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;width:49.16%;padding:0pt;">
					<p style="margin:0pt;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;">
						<a name="_DV_M153"></a><font style="display:inline;font-size:10pt;">&nbsp;</font></p>
				</td>
				<td colspan="2" valign="top" style="border-left:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;width:50.84%;border-bottom:1pt solid #000000 ;padding:0pt;">
					<p style="margin:0pt;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
						<font style="display:inline;color:#000000;font-size:11pt;">/s/Karen Zaderej</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;width:49.16%;padding:0pt;">
					<p style="margin:0pt;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;">
						<font style="display:inline;font-size:10pt;">&nbsp;</font></p>
				</td>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;width:06.68%;padding:0pt;">
					<p style="margin:0pt;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
						<font style="display:inline;color:#000000;font-size:11pt;">Name:</font></p>
				</td>
				<td valign="top" style="border-left:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;width:44.16%;border-bottom:1pt solid #000000 ;padding:0pt;">
					<p style="margin:0pt;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
						<font style="display:inline;color:#000000;font-size:11pt;">Karen Zaderej</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;width:49.16%;padding:0pt;">
					<p style="margin:0pt;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;">
						<font style="display:inline;font-size:10pt;">&nbsp;</font></p>
				</td>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;width:06.68%;padding:0pt;">
					<p style="margin:0pt;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
						<font style="display:inline;color:#000000;font-size:11pt;">Title:</font></p>
				</td>
				<td valign="top" style="border-left:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;width:44.16%;border-bottom:1pt solid #000000 ;padding:0pt;">
					<p style="margin:0pt;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
						<font style="display:inline;color:#000000;font-size:11pt;">CEO</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;width:49.16%;padding:0pt;">
					<p style="margin:0pt;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;">
						<a name="_DV_M154"></a><font style="display:inline;font-size:10pt;">&nbsp;</font></p>
				</td>
				<td colspan="2" valign="top" style="border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;width:50.84%;padding:0pt;">
					<p style="margin:0pt;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 12pt;">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;width:49.16%;padding:0pt;">
					<p style="margin:0pt;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;">
						<a name="_DV_M155"></a><font style="display:inline;font-size:10pt;">&nbsp;</font></p>
				</td>
				<td colspan="2" valign="top" style="border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;width:50.84%;padding:0pt;">
					<p style="margin:0pt;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 12pt;">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;width:49.16%;padding:0pt;">
					<p style="margin:0pt;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;">
						<font style="display:inline;font-size:10pt;">&nbsp;</font></p>
				</td>
				<td colspan="2" valign="top" style="border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;width:50.84%;padding:0pt;">
					<p style="margin:0pt;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
						<font style="display:inline;color:#000000;font-size:11pt;">EMPLOYEE</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;width:49.16%;padding:0pt;">
					<p style="margin:0pt;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;">
						<font style="display:inline;font-size:10pt;">&nbsp;</font></p>
				</td>
				<td colspan="2" valign="top" style="border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;width:50.84%;padding:0pt;">
					<p style="margin:0pt;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 12pt;">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;width:49.16%;padding:0pt;">
					<p style="margin:0pt;color:#000000;font-weight:bold;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;">
						<a name="_DV_M156"></a><font style="display:inline;font-size:10pt;">&nbsp;</font></p>
				</td>
				<td colspan="2" valign="top" style="border-left:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;width:50.84%;border-bottom:1pt solid #000000 ;padding:0pt;">
					<p style="margin:0pt;color:#000000;font-weight:bold;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
						<font style="display:inline;color:#000000;font-size:11pt;">/s/Kevin Leach</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;width:49.16%;padding:0pt;">
					<p style="margin:0pt;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;">
						<font style="display:inline;font-size:10pt;">&nbsp;</font></p>
				</td>
				<td colspan="2" valign="top" style="border-left:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;width:50.84%;border-top:1pt solid #000000 ;padding:0pt;">
					<p style="margin:0pt;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
						<font style="display:inline;color:#000000;font-size:11pt;">Kevin Leach</font></p>
				</td>
			</tr>
		</table></div>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 12pt;">
			<font style="display:inline;">&nbsp;</font>
		</p>
		<p style="margin:0pt;text-align:left;color:#000000;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
			<font style="display:inline;color:#000000;font-size:11pt;"></font>
		</p>
		<p style="margin:0pt;text-align:left;color:#000000;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;">
			<font style="display:inline;font-size:10pt;"></font></p></div><div style="margin-left:5.88235294117647%;margin-right:5.88235294117647%;">
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:24pt 0pt 0pt;text-align:center;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 12pt;">

			<font style="display:inline;font-size:11pt;">Page</font><font style="display:inline;">&nbsp;</font><font style="display:inline;font-size:11pt;">A</font><font style="display:inline;">-</font><font style="display:inline;font-size:11pt;">4</font><font style="display:inline;font-size:11pt;"></font><font style="display:inline;font-size:11pt;"></font><font style="display:inline;font-size:11pt;"></font><font style="display:inline;font-size:11pt;"></font>

		</p>

</div></div><div style="margin-left:5.88235294117647%;margin-right:5.88235294117647%;"><hr align="center" style='background-color:#000000; border-width:0; color:#000000; height:2pt; lineheight:0; width:100%;'></hr><p style="page-break-after:always">&nbsp;</p></div><div style="margin-left:5.88235294117647%;margin-right:5.88235294117647%;"></div><div style="margin-left:5.88235294117647%;margin-right:5.88235294117647%;"><p style="margin:0pt;text-align:left;color:#000000;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;"><font style="display:inline;font-size:10pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt;border-bottom:1pt none #D9D9D9 ;color:#000000;text-align:center;text-decoration:underline;font-weight:bold;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
			<font style="display:inline;color:#000000;font-size:11pt;">EXHIBIT B TO EMPLOYMENT AGREEMENT</font>
		</p>
		<p style="margin:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;color:#000000;text-align:center;text-decoration:underline;font-weight:bold;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
			<a name="_DV_M160"></a><font style="display:inline;color:#000000;font-size:11pt;">NON-SOLICITATION AND NON-COMPETITION AGREEMENT</font>
		</p>
		<p style="margin:0pt;border-top:1pt none #D9D9D9 ;color:#000000;text-align:center;text-decoration:underline;font-weight:bold;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;">
			<font style="display:inline;font-size:10pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt;border-bottom:1pt none #D9D9D9 ;color:#000000;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
			<a name="_DV_M161"></a><font style="display:inline;color:#000000;font-size:11pt;">THIS NON-SOLICITATION AND NON-COMPETITION AGREEMENT (the "NSNC Agreement") is entered into as of the date written below by and between AXOGEN</font><font style="display:inline;color:#000000;font-size:11pt;">&nbsp;</font><font style="display:inline;color:#000000;font-size:11pt;">Corporation </font><font style="display:inline;color:#000000;font-size:11pt;">("AXOGEN" or "Employer") and the undersigned AXOGEN employee ("Employee").&nbsp; </font>
		</p>
		<p style="margin:0pt;border-top:1pt none #D9D9D9 ;color:#000000;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;">
			<font style="display:inline;font-size:10pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt;border-bottom:1pt none #D9D9D9 ;color:#000000;text-align:center;font-weight:bold;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
			<a name="_DV_M162"></a><font style="display:inline;color:#000000;font-size:11pt;">RECITALS:</font>
		</p>
		<p style="margin:0pt;border-top:1pt none #D9D9D9 ;color:#000000;text-align:center;font-weight:bold;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;">
			<font style="display:inline;font-size:10pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;border-bottom:1pt none #D9D9D9 ;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
			<a name="_DV_M163"></a><font style="display:inline;color:#000000;font-size:11pt;">A.</font><font style="display:inline;color:#000000;font-size:11pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display:inline;color:#000000;font-size:11pt;">WHEREAS, Employee has agreed to accept employment with AXOGEN; and&nbsp; </font>
		</p>
		<p style="margin:0pt;text-indent:36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;">
			<font style="display:inline;font-size:10pt;color:#000000;">&nbsp;</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
			<a name="_DV_M164"></a><font style="display:inline;color:#000000;font-size:11pt;">B.</font><font style="display:inline;color:#000000;font-size:11pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display:inline;color:#000000;font-size:11pt;">WHEREAS, the Parties desire to reflect their agreement as to Employee's promises regarding Employee's solicitation and competition, which have induced AXOGEN to employ Employee.</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;border-top:1pt none #D9D9D9 ;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;">
			<font style="display:inline;font-size:10pt;color:#000000;">&nbsp;</font>
		</p>
		<p style="margin:0pt;border-bottom:1pt none #D9D9D9 ;color:#000000;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
			<a name="_DV_M165"></a><font style="display:inline;color:#000000;font-size:11pt;">NOW, THEREFORE, in consideration of Employee's employment with AXOGEN and the covenants set forth in this Agreement and other good and valuable consideration, the Parties,</font><font style="display:inline;color:#000000;font-size:11pt;"> intending to be legally bound by this Agreement, agree as follows:</font>
		</p>
		<p style="margin:0pt;border-top:1pt none #D9D9D9 ;color:#000000;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;">
			<font style="display:inline;font-size:10pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
			<a name="_DV_M166"></a><font style="display:inline;color:#000000;font-size:11pt;">1.</font><font style="display:inline;font-size:11pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display:inline;color:#000000;font-size:11pt;text-decoration:underline;">Non-solicitation</font><font style="display:inline;color:#000000;font-size:11pt;">.&nbsp;&nbsp;Employee shall not, at any time while employed by AXOGEN and for </font><font style="display:inline;color:#000000;font-size:11pt;">one </font><font style="display:inline;color:#000000;font-size:11pt;">(</font><font style="display:inline;color:#000000;font-size:11pt;">1</font><font style="display:inline;color:#000000;font-size:11pt;">) years after the termination of Employee's employment with AXOGEN for any reason whatsoever, or for no reason, directly or indirectly (by assisting or suggesting to another, or otherwise) solicit, otherwise attempt to induce or accept the initiative of another in such regard, alone or by combining or conspiring with any employees, officers, directors, agents, consultants, representatives, contractors, suppliers, distributors, customers or other business contacts of AXOGEN to terminate or modify its position as an employee, officer, director, agent, consultant, representative, contractor, supplier, distributor, customer or business contact with AXOGEN or to compete against AXOGEN.</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;">
			<font style="display:inline;font-size:10pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
			<font style="display:inline;color:#000000;font-size:11pt;">2.</font><font style="display:inline;font-size:11pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display:inline;color:#000000;font-size:11pt;text-decoration:underline;">Non-competition</font><font style="display:inline;color:#000000;font-size:11pt;">.&nbsp;&nbsp;Employee shall not, at any time while employed by AXOGEN and for </font><font style="display:inline;color:#000000;font-size:11pt;">one </font><font style="display:inline;color:#000000;font-size:11pt;">(</font><font style="display:inline;color:#000000;font-size:11pt;">1</font><font style="display:inline;color:#000000;font-size:11pt;">) years after such termination of Employee&#x2019;s employment for any reason whatsoever, or for no reason (the "No-Compete Period"), directly or indirectly, as owner, officer, director, employee, agent, lender, broker, investor, consultant or representative of any corporation or as owner of any interest in, or as an employee, agent, consultant, partner, independent contractor, affiliate or in any other capacity whatsoever, or representative of any other form of business association, sole proprietorship or partnership, conduct or assist in any way any business that competes directly with AxoGen&#x2019;s then-current or planned products or business. </font>
		</p>
		<p style="margin:0pt;text-indent:36pt;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;">
			<font style="display:inline;font-size:10pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
			<font style="display:inline;color:#000000;font-size:11pt;">3.</font><font style="display:inline;font-size:11pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display:inline;color:#000000;font-size:11pt;text-decoration:underline;">Non-Interference</font><font style="display:inline;color:#000000;font-size:11pt;">.&nbsp;&nbsp;In addition to, and not in limitation of, the other provisions of this Agreement, or of any other agreement between Employee and AXOGEN, Employee shall not at any time, in any manner, interfere with, disturb, disrupt, decrease or otherwise jeopardize the business of AXOGEN, or give to any person the benefit or advantage of AXOGEN&#x2019;s</font><font style="display:inline;color:#000000;font-size:11pt;"> or Corp.&#x2019;s</font><font style="display:inline;color:#000000;font-size:11pt;"> methods of operation, advertising, publicity, training, business customers or accounts, or any other information relating or useful to AXOGEN&#x2019;s</font><font style="display:inline;color:#000000;font-size:11pt;"> or Corp.&#x2019;s</font><font style="display:inline;color:#000000;font-size:11pt;"> business.</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;">
			<font style="display:inline;font-size:10pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
			<font style="display:inline;color:#000000;font-size:11pt;">4.</font><font style="display:inline;font-size:11pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display:inline;color:#000000;font-size:11pt;text-decoration:underline;">Representations and Warranties</font><font style="display:inline;color:#000000;font-size:11pt;">.&nbsp;&nbsp;Employee does hereby represent and warrant to the Employer that:</font>
		</p>
		<p style="margin:0pt;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;">
			<font style="display:inline;font-size:10pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt;text-align:left;color:#000000;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
			<font style="display:inline;color:#000000;font-size:11pt;"></font>
		</p>
		<p style="margin:0pt;text-align:left;color:#000000;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;">
			<font style="display:inline;font-size:10pt;"></font></p></div><div style="margin-left:5.88235294117647%;margin-right:5.88235294117647%;">
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:24pt 0pt 0pt;text-align:center;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 12pt;">

			<font style="display:inline;font-size:11pt;">Page</font><font style="display:inline;">&nbsp;</font><font style="display:inline;font-size:11pt;">A</font><font style="display:inline;">-</font><font style="display:inline;font-size:11pt;">5</font><font style="display:inline;font-size:11pt;"></font><font style="display:inline;font-size:11pt;"></font><font style="display:inline;font-size:11pt;"></font><font style="display:inline;font-size:11pt;"></font>

		</p>

</div></div><div style="margin-left:5.88235294117647%;margin-right:5.88235294117647%;"><hr align="center" style='background-color:#000000; border-width:0; color:#000000; height:2pt; lineheight:0; width:100%;'></hr><p style="page-break-after:always">&nbsp;</p></div><div style="margin-left:5.88235294117647%;margin-right:5.88235294117647%;"></div><div style="margin-left:5.88235294117647%;margin-right:5.88235294117647%;"><p style="margin:0pt;text-align:left;color:#000000;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;"><font style="display:inline;font-size:10pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;text-indent:36pt;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
			<font style="display:inline;color:#000000;font-size:11pt;">(i)</font><font style="display:inline;color:#000000;font-size:11pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display:inline;color:#000000;font-size:11pt;">Employee is not presently employed by, and/or have any ownership interest, either directly or indirectly, in any entity or business, and is not presently engaged in any outside business activity</font><font style="display:inline;color:#000000;font-size:11pt;"> in </font><font style="display:inline;color:#000000;font-size:11pt;">competition with AXOGEN</font><font style="display:inline;color:#000000;font-size:11pt;">;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;text-indent:36pt;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;">
			<font style="display:inline;font-size:10pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;text-indent:36pt;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
			<font style="display:inline;color:#000000;font-size:11pt;">(ii)</font><font style="display:inline;color:#000000;font-size:11pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display:inline;color:#000000;font-size:11pt;">this NSNC Agreement is executed by Employee to protect the legitimate business interests of the Employer; </font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;text-indent:36pt;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;">
			<font style="display:inline;font-size:10pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;text-indent:36pt;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
			<font style="display:inline;color:#000000;font-size:11pt;">(iii)</font><font style="display:inline;color:#000000;font-size:11pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display:inline;color:#000000;font-size:11pt;">legitimate business interests of the Employer to be protected by this NSNC Agreement include, without limitation, the protection of:</font>
		</p>
		<p style="margin:0pt;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;">
			<font style="display:inline;font-size:10pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt;text-indent:108pt;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
			<font style="display:inline;color:#000000;font-size:11pt;">a.</font><font style="display:inline;color:#000000;font-size:11pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display:inline;color:#000000;font-size:11pt;">valuable trade secrets of the Employer;</font>
		</p>
		<p style="margin:0pt;text-indent:108pt;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
			<font style="display:inline;color:#000000;font-size:11pt;">b.</font><font style="display:inline;color:#000000;font-size:11pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display:inline;color:#000000;font-size:11pt;">the customer and vendor base of the Employer;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 144pt;text-indent: -36pt;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
			<font style="display:inline;color:#000000;font-size:11pt;">c.</font><font style="display:inline;color:#000000;font-size:11pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display:inline;color:#000000;font-size:11pt;">confidential customer and vendor information belonging to the Employer;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 144pt;text-indent: -36pt;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
			<font style="display:inline;color:#000000;font-size:11pt;">d.</font><font style="display:inline;color:#000000;font-size:11pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display:inline;color:#000000;font-size:11pt;">substantial business relationships between the Employer and its existing and prospective customers and vendors;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 144pt;text-indent: -36pt;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
			<font style="display:inline;color:#000000;font-size:11pt;">e.</font><font style="display:inline;color:#000000;font-size:11pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display:inline;color:#000000;font-size:11pt;">goodwill associated with the specialized expertise of Employer; and</font>
		</p>
		<p style="margin:0pt 0pt 0pt 144pt;text-indent: -36pt;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
			<font style="display:inline;color:#000000;font-size:11pt;">f.</font><font style="display:inline;color:#000000;font-size:11pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display:inline;color:#000000;font-size:11pt;">specialized training undertaken by the Employer and its employees.</font>
		</p>
		<p style="margin:0pt 0pt 0pt 144pt;text-indent: -36pt;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;">
			<font style="display:inline;font-size:10pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;text-indent:36pt;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
			<font style="display:inline;color:#000000;font-size:11pt;">(iv)</font><font style="display:inline;color:#000000;font-size:11pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display:inline;color:#000000;font-size:11pt;">the other covenants and restrictions of this NSNC Agreement are appropriate and reasonable in all respects in light of the legitimate business interests of the Employer to be protected. </font>
		</p>
		<p style="margin:0pt;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;">
			<font style="display:inline;font-size:10pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;text-indent:36pt;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
			<font style="display:inline;color:#000000;font-size:11pt;">(v)</font><font style="display:inline;color:#000000;font-size:11pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display:inline;color:#000000;font-size:11pt;">the Employer and Employee have considered the public&#x2019;s health, safety and welfare, and that nothing contained in this NSNC Agreement will adversely affect the public&#x2019;s health, safety or welfare.</font>
		</p>
		<p style="margin:0pt;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;">
			<font style="display:inline;font-size:10pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;text-indent:36pt;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
			<font style="display:inline;color:#000000;font-size:11pt;">(vi)</font><font style="display:inline;color:#000000;font-size:11pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display:inline;color:#000000;font-size:11pt;">the execution and delivery of this NSNC Agreement, and the restrictions contained herein, the performance by Employee of the covenants and agreements contained herein, and the enforcement by the Employer of the provisions contained herein, will cause no undue hardship on Employee.</font>
		</p>
		<p style="margin:0pt;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;">
			<font style="display:inline;font-size:10pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
			<font style="display:inline;color:#000000;font-size:11pt;">5.</font><font style="display:inline;font-size:11pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display:inline;color:#000000;font-size:11pt;text-decoration:underline;">Other Restrictions</font><font style="display:inline;color:#000000;font-size:11pt;">.&nbsp;&nbsp;In consideration of Employer&#x2019;s agreement to employ, or to continue the employment of, Employee, and in accordance with the terms and conditions of this NSNC Agreement, the Employee hereby agrees as follows:</font>
		</p>
		<p style="margin:0pt;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;">
			<font style="display:inline;font-size:10pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;text-indent:36pt;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
			<font style="display:inline;color:#000000;font-size:11pt;">(i)</font><font style="display:inline;color:#000000;font-size:11pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display:inline;color:#000000;font-size:11pt;">The restrictions on employment contained above are essential elements of this NSNC Agreement, and that, but for the agreement of Employee to comply with such restrictions, the Employer would not have entered into the NSNC Agreement or the Agreement.&nbsp;&nbsp;The restrictions contained within this NSNC Agreement are reasonably necessary to protect the legitimate business interests of the Employer.&nbsp;&nbsp;The restrictions assist in assuring the continuity and growth of the Employer in the achievement of its goals and objectives.&nbsp;&nbsp;The legitimate business interests justifying the restrictions include, but are not limited to, trade secrets, valuable business information or professional information that otherwise do not qualify as trade secrets, substantial relationships with prospective and existing customers and vendors, or goodwill associated with the name of the Employer. </font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;text-indent:36pt;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;">
			<font style="display:inline;font-size:10pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt;text-align:left;color:#000000;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
			<font style="display:inline;color:#000000;font-size:11pt;"></font>
		</p>
		<p style="margin:0pt;text-align:left;color:#000000;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;">
			<font style="display:inline;font-size:10pt;"></font></p></div><div style="margin-left:5.88235294117647%;margin-right:5.88235294117647%;">
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:24pt 0pt 0pt;text-align:center;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 12pt;">

			<font style="display:inline;font-size:11pt;">Page</font><font style="display:inline;">&nbsp;</font><font style="display:inline;font-size:11pt;">A</font><font style="display:inline;">-</font><font style="display:inline;font-size:11pt;">6</font><font style="display:inline;font-size:11pt;"></font><font style="display:inline;font-size:11pt;"></font><font style="display:inline;font-size:11pt;"></font><font style="display:inline;font-size:11pt;"></font>

		</p>

</div></div><div style="margin-left:5.88235294117647%;margin-right:5.88235294117647%;"><hr align="center" style='background-color:#000000; border-width:0; color:#000000; height:2pt; lineheight:0; width:100%;'></hr><p style="page-break-after:always">&nbsp;</p></div><div style="margin-left:5.88235294117647%;margin-right:5.88235294117647%;"></div><div style="margin-left:5.88235294117647%;margin-right:5.88235294117647%;"><p style="margin:0pt;text-align:left;color:#000000;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;"><font style="display:inline;font-size:10pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
			<font style="display:inline;color:#000000;font-size:11pt;">6.</font><font style="display:inline;font-size:11pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display:inline;color:#000000;font-size:11pt;text-decoration:underline;">Remedies for Breach</font><font style="display:inline;color:#000000;font-size:11pt;">.&nbsp;&nbsp;Employee acknowledges and agrees that, in the event of a breach or threatened breach of any of the provisions of this NSNC Agreement, the Employer would suffer irreparable harm for which monetary damages would be inadequate.&nbsp;&nbsp;Accordingly, in addition to any other remedies available, at law or in equity, in the event of a breach or threatened breach by Employee of such provisions, the Employer will be entitled to equitable relief in the form of an injunction against such breach, both preliminary and permanent, without the requirement to post a bond or other security or to prove irreparable injury or inadequate remedy at law, specific performance or other appropriate relief.</font>
		</p>
		<p style="margin:0pt;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;">
			<font style="display:inline;font-size:10pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
			<font style="display:inline;color:#000000;font-size:11pt;">7.</font><font style="display:inline;font-size:11pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display:inline;color:#000000;font-size:11pt;text-decoration:underline;">Tolling</font><font style="display:inline;color:#000000;font-size:11pt;">.&nbsp;&nbsp;In the event that the Employer shall file a lawsuit in any court of competent jurisdiction alleging a breach of any of Employee&#x2019;s obligations under this NSNC Agreement, then any time period set forth in this NSNC Agreement, including the time periods set forth above, shall be deemed tolled as of the time such lawsuit is filed and shall remain tolled until such dispute finally is resolved either by written settlement agreement resolving all claims raised in such lawsuit or by entry of a final judgment in such lawsuit, including the final resolution of any post-judgment appellate proceedings.</font>
		</p>
		<p style="margin:0pt;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;">
			<font style="display:inline;font-size:10pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
			<font style="display:inline;color:#000000;font-size:11pt;">8.</font><font style="display:inline;font-size:11pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display:inline;color:#000000;font-size:11pt;text-decoration:underline;">Assignment</font><font style="display:inline;color:#000000;font-size:11pt;">.&nbsp;&nbsp;This NSNC Agreement and all rights and benefits hereunder are personal to Employee, and neither this NSNC Agreement, nor any right or interest herein of Employee shall be voluntarily or involuntarily sold, transferred or assigned by Employee; provided, however, that the Employer may assign its rights, duties and obligations hereunder without the prior written consent of Employee.</font>
		</p>
		<p style="margin:0pt;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;">
			<font style="display:inline;font-size:10pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
			<font style="display:inline;color:#000000;font-size:11pt;">9.</font><font style="display:inline;font-size:11pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display:inline;color:#000000;font-size:11pt;text-decoration:underline;">Severability</font><font style="display:inline;color:#000000;font-size:11pt;">.&nbsp;&nbsp;In the event any provision of this NSNC Agreement is held illegal or invalid, the remaining provisions of this NSNC Agreement and the Agreement shall not be affected thereby.&nbsp;&nbsp;If any of the restrictions contained in this NSNC Agreement or any part thereof is held to be unenforceable, the Parties agree that the court making such determination will have the power to reform the provisions of this NSNC Agreement to the extent permitted by applicable law.</font>
		</p>
		<p style="margin:0pt;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;">
			<font style="display:inline;font-size:10pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt;border-bottom:1pt none #D9D9D9 ;color:#000000;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
			<font style="display:inline;color:#000000;font-size:11pt;">10.</font><font style="display:inline;font-size:11pt;color:#000000;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display:inline;color:#000000;font-size:11pt;text-decoration:underline;">No Defense to Enforcement</font><font style="display:inline;color:#000000;font-size:11pt;">.&nbsp;&nbsp;The existence of any claim or cause of action by Employee against AXOGEN predicated on the Agreement herein, shall not constitute a defense to the enforcement by AXOGEN of this NSNC Agreement.&nbsp; </font>
		</p>
		<p style="margin:0pt;text-indent:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;">
			<font style="display:inline;font-size:10pt;color:#000000;">&nbsp;</font>
		</p>
		<p style="margin:0pt;text-indent:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;">
			<font style="display:inline;font-size:10pt;color:#000000;">&nbsp;</font>
		</p>
		<p style="margin:0pt;text-indent:0pt;border-top:1pt none #D9D9D9 ;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;">
			<font style="display:inline;font-size:10pt;color:#000000;">&nbsp;</font>
		</p>
		<p style="margin:0pt;border-bottom:1pt none #D9D9D9 ;color:#000000;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
			<a name="_DV_M168"></a><a name="_DV_M169"></a><a name="_DV_M170"></a><a name="_DV_M171"></a><a name="_DV_M173"></a><a name="_DV_M175"></a><a name="_DV_M176"></a><a name="_DV_M187"></a><font style="display:inline;color:#000000;font-size:11pt;">THE PARTIES TO THIS AGREEMENT have executed this Agreement as of the</font><font style="display:inline;font-weight:bold;color:#000000;font-size:11pt;">&nbsp;</font><font style="display:inline;color:#000000;font-size:11pt;">11</font><font style="display:inline;color:#000000;font-size:11pt;font-size:6pt;top:-4pt;position:relative;line-height:100%">th</font><font style="display:inline;color:#000000;font-size:11pt;">&nbsp;</font><font style="display:inline;color:#000000;font-size:11pt;">day of </font><font style="display:inline;color:#000000;font-size:11pt;">March</font><font style="display:inline;color:#000000;font-size:11pt;">, &nbsp;</font><font style="display:inline;color:#000000;font-size:11pt;">2016</font><font style="display:inline;color:#000000;font-size:11pt;">.</font>
		</p>
		<p style="margin:0pt;border-top:1pt none #D9D9D9 ;color:#000000;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;">
			<font style="display:inline;font-size:10pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;">
			<font style="display:inline;font-size:10pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;">
			<font style="display:inline;font-size:10pt;">&nbsp;</font>
		</p>
		<div style="width:100%;"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;width: 100.00%;margin-left:0pt;">
			<tr>
				<td valign="top" style="width:50.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">
					<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;height:1.00pt;overflow:hidden;font-size:0pt;">
						<font style="display:inline;color:#000000;font-size:10pt;"></font></p>
				</td>
				<td valign="top" style="width:06.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">
					<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;height:1.00pt;overflow:hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td valign="top" style="width:43.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;">
					<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;height:1.00pt;overflow:hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;width:50.84%;padding:0pt;">
					<p style="margin:0pt;color:#000000;font-weight:bold;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
						<font style="display:inline;font-size:11pt;">&nbsp;</font></p>
				</td>
				<td colspan="2" valign="top" style="border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;width:49.16%;padding:0pt;">
					<p style="margin:0pt;color:#000000;font-weight:bold;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
						<font style="display:inline;color:#000000;font-size:11pt;">AXOGEN Corporation</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;width:50.84%;padding:0pt;">
					<p style="margin:0pt;color:#000000;font-weight:bold;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;">
						<font style="display:inline;font-size:10pt;">&nbsp;</font></p>
				</td>
				<td colspan="2" valign="top" style="border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;width:49.16%;padding:0pt;">
					<p style="margin:0pt;color:#000000;font-weight:bold;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 12pt;">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;width:50.84%;padding:0pt;">
					<p style="margin:0pt;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
						<font style="display:inline;font-size:11pt;">&nbsp;</font></p>
				</td>
				<td colspan="2" valign="top" style="border-left:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;width:49.16%;border-bottom:1pt solid #000000 ;padding:0pt;">
					<p style="margin:0pt;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
						<a name="_DV_M189"></a><font style="display:inline;color:#000000;font-size:11pt;">/s/Karen Zaderej</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;width:50.84%;padding:0pt;">
					<p style="margin:0pt;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;">
						<font style="display:inline;font-size:10pt;">&nbsp;</font></p>
				</td>
				<td colspan="2" valign="top" style="border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;width:49.16%;border-top:1pt solid #000000 ;padding:0pt;">
					<p style="margin:0pt;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 12pt;">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;width:50.84%;padding:0pt;">
					<p style="margin:0pt;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
						<font style="display:inline;font-size:11pt;">&nbsp;</font></p>
				</td>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;width:06.00%;padding:0pt;">
					<p style="margin:0pt;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
						<a name="_DV_M190"></a><font style="display:inline;color:#000000;font-size:11pt;">Name:&nbsp; </font></p>
				</td>
				<td valign="top" style="border-left:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;width:43.16%;border-bottom:1pt solid #000000 ;padding:0pt;">
					<p style="margin:0pt;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
						<font style="display:inline;color:#000000;font-size:11pt;">Karen Zaderej</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;width:50.84%;padding:0pt;">
					<p style="margin:0pt;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
						<font style="display:inline;font-size:11pt;">&nbsp;</font></p>
				</td>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;width:06.00%;padding:0pt;">
					<p style="margin:0pt;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
						<font style="display:inline;color:#000000;font-size:11pt;">Title:</font></p>
				</td>
				<td valign="top" style="border-left:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;width:43.16%;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;padding:0pt;">
					<p style="margin:0pt;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
						<font style="display:inline;color:#000000;font-size:11pt;">CEO</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;width:50.84%;padding:0pt;">
					<p style="margin:0pt;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
						<font style="display:inline;font-size:11pt;">&nbsp;</font></p>
				</td>
				<td colspan="2" valign="top" style="border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;width:49.16%;padding:0pt;">
					<p style="margin:0pt;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 12pt;">
						&nbsp;<a name="_DV_M191"></a></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;width:50.84%;padding:0pt;">
					<p style="margin:0pt;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;">
						<font style="display:inline;font-size:10pt;">&nbsp;</font></p>
				</td>
				<td colspan="2" valign="top" style="border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;width:49.16%;padding:0pt;">
					<p style="margin:0pt;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 12pt;">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;width:50.84%;padding:0pt;">
					<p style="margin:0pt;color:#000000;font-weight:bold;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
						<font style="display:inline;font-size:11pt;">&nbsp;</font></p>
				</td>
				<td colspan="2" valign="top" style="border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;width:49.16%;padding:0pt;">
					<p style="margin:0pt;color:#000000;font-weight:bold;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
						<a name="_DV_M192"></a><font style="display:inline;color:#000000;font-size:11pt;">EMPLOYEE</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;width:50.84%;padding:0pt;">
					<p style="margin:0pt;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;">
						<font style="display:inline;font-size:10pt;">&nbsp;</font></p>
				</td>
				<td colspan="2" valign="top" style="border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;width:49.16%;padding:0pt;">
					<p style="margin:0pt;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 12pt;">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;width:50.84%;padding:0pt;">
					<p style="margin:0pt;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 10pt;">
						<font style="display:inline;font-size:10pt;">&nbsp;</font></p>
				</td>
				<td colspan="2" valign="top" style="border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;width:49.16%;padding:0pt;">
					<p style="margin:0pt;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 12pt;">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;width:50.84%;padding:0pt;">
					<p style="margin:0pt;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
						<font style="display:inline;font-size:11pt;">&nbsp;</font></p>
				</td>
				<td colspan="2" valign="top" style="border-left:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;width:49.16%;border-bottom:1pt solid #000000 ;padding:0pt;">
					<p style="margin:0pt;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
						<a name="_DV_M193"></a><font style="display:inline;color:#000000;font-size:11pt;">/s/Kevin Leach</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;width:50.84%;padding:0pt;">
					<p style="margin:0pt;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
						<font style="display:inline;font-size:11pt;">&nbsp;</font></p>
				</td>
				<td colspan="2" valign="top" style="border-left:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;width:49.16%;border-top:1pt solid #000000 ;padding:0pt;">
					<p style="margin:0pt;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 11pt;">
						<a name="_DV_M194"></a><font style="display:inline;color:#000000;font-size:11pt;">Kevin Leach</font></p>
				</td>
			</tr>
		</table></div>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 12pt;">
			<font style="display:inline;">&nbsp;</font>
		</p></div><div style="margin-left:5.88235294117647%;margin-right:5.88235294117647%;">
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:24pt 0pt 0pt;text-align:center;text-justify:inter-ideograph;font-family:Arial,Helvetica,sans-serif;font-size: 12pt;">

			<font style="display:inline;font-size:11pt;">Page</font><font style="display:inline;">&nbsp;</font><font style="display:inline;font-size:11pt;">A</font><font style="display:inline;">-</font><font style="display:inline;font-size:11pt;">7</font><font style="display:inline;font-size:11pt;"></font><font style="display:inline;font-size:11pt;"></font><font style="display:inline;font-size:11pt;"></font><font style="display:inline;font-size:11pt;"></font>

		</p>

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</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
