Mr. Paul Schulz
518 East Brady Street
Butler, PA  16001

October 26, 2007



Dear Paul,

It is my pleasure to offer you the position of President for
EMF Corporation reporting to me.  This offer is
conditioned upon your presentation of documentation of
your right to work in the United States and passing a
drug test.

You will be paid $4,615.39 bi-weekly, which calculates to
$120,000 annually.    For fiscal year 2008 ending
September 30, 2008 and fiscal year 2009 ending
September 30, 2009, your bonus will be paid based on
year end audited financial statements as per the
following:

10% of EMF Net Profit Before Tax (NPBT) on
the first $400,000 of NPBT

5% of EMF NPBT between $400,000 and
$800,000

3% of EMF NPBT greater than $800,000

After these periods, a different bonus calculation
system is anticipated.

For FY 2008 only, in addition to the bonus outlined
above, we propose an incentive bonus of up to $15,000,
which would be based upon mutually agreed-upon
results for EMF performance in the areas of sales,
profits, on-time delivery and quality returns.  Bonus
payouts are conditioned on your employment as of the
date of payout, which we anticipate to be approximately
45 days after the end of the fiscal year.  Your bonus can
be paid in any combination of cash or Dynasil stock at
your discretion.  Note that current policies allow each
Dynasil employee to purchase up to $5,000 of Dynasil
common stock per year at a 15% reduction from market
prices. Your vacation entitlement is four weeks to be
earned as per our company policy.

Your position is part of the Dynasil executive team and,
as such, we will require that you execute both a
confidentiality agreement and a non-compete agreement
upon standard terms.  You will become eligible to
participate in our employee benefit plans based on
length of service under the terms of those plans.  These
plans and eligibility requirements for enrollment will be
explained to you when you report for work.  If you accept
this offer, please call Sunday Earle @ 800-456-7070 x22
to set an appointment to complete paperwork and begin
your orientation and training for your new job.
In addition to our standard relocation package, we are
suggesting that you be entitled to an additional three
months of temporary housing on a month to month basis.
 With approval in advance, we will work with you
regarding total relocations costs.  Dynasil/EMF is
interested in having you settled in Ithaca as soon as
possible.  We have a real estate agent, Linda Santos
(santos.homes@gmail.com) who will be happy to work
with you on finding housing.


We offer you a signing/retention bonus in the form of
stock options subject to ratification by the Board of
Directors for 30,000 Dynasil shares at an exercise price
of $2.00/share which will vest two years from date of
hire.  Further stock options may be granted at the
discretion of the Board of Directors.

We look forward to welcoming you on board at EMF on
November 19.

Best regards,

/s/ Craig T. Dunham
Craig T. Dunham
Dynasil Corporation President and CEO


I accept the above offer of employment and will report to
work on
November 19, 2007.


/s/ Paul Schultz_____
    ______________
Signature
                      Date