This Employment Agreement (the "Agreement") is made and entered into on the first day of January 2002 by and
between BioLase Technology, Inc., a Delaware corporation (the "Company"), and Jeffrey W. Jones
WHEREAS, the Company desires to employ Executive as its President and Chief Executive Officer, and
Executive is willing to accept such employment on certain terms and conditions;
WHEREAS, the Company and Executive desire to formalize the terms and conditions of such employment;
NOW, THEREFORE, in consideration of the foregoing premises, the terms and conditions set forth herein, and
other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties
hereto agree as follows:
1. Employment and Duties.
(a) The Company hereby employs Executive as its President and Chief Executive Officer, and Executive accepts
such employment. In such capacity, Executive shall report and be responsible to the Company Board of
Directors ("Board") and shall perform such duties and functions as may be assigned to Executive from time to
time by the Board. Executive shall comply with all proper directives and instructions of the Board, as embodied in
resolutions adopted by the Board.
(b) Executive agrees during the term of his employment hereunder to devote his entire business time and attention
to the performance of his duties hereunder and to serve the Company diligently and to the best of his ability.
2. Compensation. For all services to be rendered by Executive hereunder, the Company shall pay Executive a
base salary at the rate of Two Hundred Forty Thousand Dollars ($240,000) per year. Executive's salary shall be
paid on such basis as is the normal payment pattern for executive officers of the Company but no less frequently
than monthly. Part of the total compensation may be in the form of a fee for consulting services to BIOLASE
Europe as long as the total compensation does not exceed $