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ASSIGNMENT AGREEMENT

Assignment Agreement

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This Assignment Agreement involves

NATURAL HEALTH TRENDS CORP

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Title: ASSIGNMENT AGREEMENT
Date: 11/1/2006
Industry: RTDRUG    

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EXHIBIT 10

                                                                    EXHIBIT 10.7

                           NATURAL HEALTH TRENDS CORP.

                   RESTRICTED ACTIVITY AND PROPRIETARY RIGHTS
                   ------------------------------------------
                              ASSIGNMENT AGREEMENT
                              --------------------

Consultant's Name:    Terry L. LaCore  ("LaCore")

Date:  October 31, 2006

         In consideration of LaCore's engagement by Natural Health Trends Corp.
         (including their subsidiaries, successors and assigns, the "Company")
         and in consideration for and as a condition to the transactions
         contemplated by that certain Agreement dated as of the date hereof by
         and between the Company, Mark D. Woodburn and LaCore, LaCore hereby
         agrees with the Company as follows:

        1.        Confidential Information. LaCore may have received or may
receive and otherwise be exposed to confidential or competitively sensitive
information of the Company, or of a third party with which the Company has a
business relationship, relating to the Company's or such third party's current
or prospective business, research and development activities, products,
technology, strategy, organization and/or finances (collectively, "Confidential
Information"). Such Confidential Information, which may be disclosed orally or
in writing, shall include, without limitation, Technology (as defined in Section
2(a)), Work Product (as defined in Section 2(a)), plans, strategies,
negotiations, customer or prospect identities, market analyses, projections,
forecasts, cost and performance data, sales data, financial statements, price
lists, pre-release information regarding the Company's products, personnel lists
and data, and all documents and other materials (including any notes, drawings,
reports, manuals, notebooks, summaries, extracts or analyses), whether in
written or electronic form, that disclose or embody such Confidential
Information.

         Confidential Information shall not include information that is now, or
hereafter becomes, through no act or failure to act on LaCore's part, generally
known to the public; information that was rightfully in LaCore's possession
without confidentiality restriction prior to the Company's disclosure to LaCore;
information that was rightfully obtained by LaCore from a third party who has
the right, without obligation to the Company, to transfer or disclose such
information; or information which LaCore is required to disclose pursuant to
judicial order, provided that in the latter case LaCore shall promptly notify
the Company and take reasonable steps to assist the Company in protecting the
Company's rights prior to disclosure. At all times, both during LaCore's
relationship with the Company and after the termination thereof, LaCore will
keep all Confidential Information in strict confidence; will not use
Confidential Information except for the purpose of providing services to the
Company; and will not divulge, publish, disclose or communicate Confidential
Information, in whole or in part, to any third party. LaCore further agrees that
LaCore will not allow any unauthorized person access to Confidential
Information, either before or after the termination of this Agreement, and will
take all action reasonably necessary and satisfactory to the Company to protect
the confidentiality of Confidential Information. LaCore agrees not to reproduce
or copy by any means Confidential Information, except as reasonably required to
accomplish the purposes of this Agreement, and further agrees not to remove any
proprietary rights legend from such Confidential Information or copies thereof
made in accordance with this Agreement. Upon termination of LaCore's services
for any reason, or upon demand by the Company at any time, LaCore's right to use
Confidential Information shall immediately terminate, and LaCore shall return
promptly to the Company, or destroy, at the Company's option, all tangible and
electronic materials that disclose or embody Confidential Information.
<PAGE>

        2.        Assignment of Work Product.
                  --------------------------

                  (a)      For purposes of this Agreement: "Technology" shall
                           mean all ideas, concepts, inventions, discoveries,
                           developments, creations, methods, techniques,
                           processes, machines, products, devices, compositions
                           of matter, improvements, modifications, designs,
                           systems, specifications, schematics, formulas, mask
                           works, works of authorship, software, algorithms,
                           data and know-how, whether or not patentable or
                           copyrightable, and all related notes, drawings,
                           reports, manuals, notebooks, summaries, memoranda and
                           other documentation; "Intellectual Property Rights"
                           shall mean all worldwide intellectual property rights
                           including, without limitation, all rights relating to
                           the protection of inventions, including patents,
                           patent applications and certificates of invention;
                           all rights associated with works of authorship,
                           including copyrights and moral rights; all rights
                           relating to the protection of trade secrets and
                           confidential information; all rights related to the
                           protection of trademarks, logos and service marks;
                           any rights analogous to those set forth herein, and
                           all other proprietary rights related to intangible
                           property; and "Work Product" shall mean any and all
                           Technology made, conceived, designed, created,
                           discovered, invented or reduced to practice by LaCore
                           during the term of this Agreement that (i) results
   

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