Exhibit 10.3

Exhibit II
Confidentiality and Intellectual Property
Agreement
A. The
undersigned Employee acknowledges that, during the term of his/her
employment with Sharps Compliance, Inc. (“SHARPS”),
that he/she will be provided with, or otherwise become privy to,
SHARPS information which is proprietary and confidential in nature.
Therefore, as a condition to continued employment with SHARPS,
Employee hereby agrees as follows:
B. Employee
recognizes and acknowledges that he/she will have access to certain
confidential information, proprietary data, and trade secrets of
SHARPS, and of entities and individuals controlling, controlled by,
or under common control with SHARPS (its “Affiliates”),
including, but not limited to, customer names and lists, contracts,
terms of contracts, calculations, specifications, drawings, plans,
records, employee information, compilations of information,
formulas, patterns, devices, patents, trademarks, copyrighted
materials, and other confidential information and data either
created or compiled by SHARPS or received from its customers or
others and incorporated into SHARPS’s confidential
information (all collectively the “Confidential
Information”). Employee also recognizes and
acknowledges that this Confidential Information is generally not
available to or known by the public or SHARPS’s competitors
and constitutes valuable, special, and unique property of SHARPS
and its Affiliates that provides to SHARPS and its Affiliates an
advantage over their competitors.
C. Employee
shall not, during or after the term of this Agreement, directly or
indirectly, undertake in any fashion to take commercial or
proprietary advantage of, or profit from, any of such Confidential
Information, or disclose to any person or firm, corporation,
association, or other entity for any reason or purpose whatsoever
(except to authorized representatives of SHARPS and as otherwise
may be necessary in the course of performing your employment
hereunder). Employee additionally agrees that he/she
shall maintain the confidentiality of all such Confidential
Information of SHARPS, its Affiliates, or its customers for the
sole use and benefit of SHARPS. All Confidential
Information and all files, records, documents, contract equipment
or similar items relating to the Confidential Information or to the
business of SHARPS or its Affiliates, whether prepared by you or
otherwise coming into your possession during the term of your
employment or hereafter, shall remain the exclusive property of
SHARPS and its Affiliates.
D. Employee
shall promptly return to SHARPS all materials or property of any
kind or character