Exhibit 10.2 June 30, 2005 Dr. Robert T. Zahradnik 119 Ashlei Lane Searcy, AK 72143 We are pleased to offer you, Robert T. Zahradnik (the "employee"), employment with Oragenics, Inc. (the "employer") whereby you will work with executive management performing various tasks as requested by our Board of Directors. You will be reporting directly to David Gury, Chairman of the Board of Directors. Compensation Your start date will be July 1, 2005 and you will be paid a monthly base salary of $15,000. This employment arrangement will be "at will" and may terminate upon 30 days written notice by either the employer or employee. Benefits Insurance You are eligible for medical, dental, life insurance benefits on August 1, 2005. Our current plan is provided by Blue Cross/Blue Shield. We will pay 90% of the premium for you. A copy of the plan will be provided directly from Blue Cross/Blue Shield. Retirement Plan You are also eligible for the company's Simple Retirement Plan immediately upon your employment. Under this plan, we will provide a 100% match for every dollar you invest up to a maximum of 3%. A copy of the plan will be provided under separate cover. Holidays The paid holidays remaining in 2005 are: July 4...........................................Independence Day September 5......................................Labor Day November 24 and 25...............................Thanksgiving Weekend December 26......................................Christmas December 30......................................New Years Vacation and Sick Days You are entitled to twenty (20) paid days per year for vacation and / or illness. Vacation days are earned at the rate of 1.67 days for each month of employment and may be carried forward indefinitely. I hope you find this offer letter meets your expectations. If you have any questions or require further explanation regarding the above, please contact Paul Hassie or me. Sincerely, /s/ David J. Gury David J. Gury Chairman Exhibit 10.2 July 6, 2005 Dr. Robert T. Zahradnik 119 Ashlei Lane Searcy, AK 72143 This letter shall serve as an addendum to our employment letter dated June 30, 2005, and will clarify your role as an employee of Oragenics, Inc. Effective immediately, you will assume the position of President and Chief Executive Officer of Oragenics, Inc. as replacement of Mento A. Soponis who is resigning his position today. Your compensation and all employee benefits as documented in our letter dated June 30, 2005 will remain the same. We look forward to your assuming this leadership role and hope for a mutually rewarding relationship. Sincerely, /s/ David J. Gury David J. Gury Chairman