TERMINATION AGREEMENT

EXHIBIT 10.1

TERMINATION AGREEMENT

This Termination Agreement is entered into by and between Core F.G. Co. Ltd. ("CFG"), Rexahn Pharmaceuticals ("Rexahn"), Inc. and Future System, Inc. ("FSI") (collectively referred to as the "Parties") on this 7 day of June, 2006, with regard to the Management Agreement, Share Subscription Agreement, and Intellectual Property Assignment & License Agreement (collectively referred to as the "Agreements") entered into by and between the Parties on 19 day of April, 2006.

The Parties now desire to provide for the termination of the Agreements entered into by and between the Parties on 19 day of April, 2006, and agree