THIS EMPLOYMENT AGREEMENT, dated as of the 1 st day of June, 2008, between Nocopi
Technologies, Inc., a Maryland corporation, with an address at 9-C Portland Road, West Conshohocken, PA
19428 (the “Company”) and Michael A. Feinstein, M.D., an individual, with an address at 829 Spruce Street,
Suite 200, Philadelphia, PA 19107 (the “Executive”).
In consideration of the mutual promises and covenants set forth herein, and intending to be legally bound
hereby, Company and Executive agree as follows:
1. Employment . Company employs Executive and Executive accepts such employment on the terms and
conditions hereinafter set forth.
2. Term . The initial term of this Agreement shall be for a period of three (3) years, commencing on June 1,
2008 (“Initial Term”) and shall renew for successive periods of one (1) year after expiration of the Initial Term
(each, a “Renewal Term”), unless either party gives the other party written notice of termination at least one
hundred and eighty (180) days prior to the termination date of the Initial Term or the then Renewal Term, or
unless this Agreement is sooner terminated in accordance with Paragraph 6 or 7 hereof. The Initial Term and
each Renewal Term are sometimes referred to below as “the Term” of this Agreement.
3. Duties. Executive is engaged as President & Chief Executive Officer of Company and shall perform the
duties and services customarily incident to that position as determined by Company’s Board of Directors from
time to time. Executive shall report directly to Company’s Board of Directors. Except as may be necessary to
enable Executive to continue his medical practice in a manner consistent with the time and effort being expended
to fulfill such responsibilities as of the commencement date of this Agreement, Executive shall devote his full time,
sole attention, energies and best efforts to the performance of his duties and to the promotion of the business and
interests of Company.