EXHIBIT 1.7 TERMINATION AGREEMENT THIS TERMINATION AGREEMENT, dated as of June 30, 2005 is made between Spotless Plastics (USA) Inc. (the "Company"), a Delaware corporation with an office at 150 Motor Parkway, Hauppage, New York 11788, and Michael...Termination Agreement • July 11th, 2005 • Oreilly Michael • Hazardous waste management • New York
EMPLOYMENT AGREEMENT THIS EMPLOYMENT AGREEMENT, dated October 29, 1999, by and between WINDSWEPT ENVIRONMENTAL GROUP, INC., a Delaware corporation (the "Company"), and MICHAEL O'REILLY (the "Executive"). WITNESSETH: WHEREAS, the Executive currently...Employment Agreement • November 8th, 1999 • Oreilly Michael • Hazardous waste management • New York
STOCK OPTION AGREEMENT STOCK OPTION AGREEMENT, dated as of October 29, 1999 between Windswept Environmental Group, Inc., a Delaware corporation (the "Company"), and Michael O'Reilly (the "Optionee"). WHEREAS, pursuant to a Subscription Agreement dated...Stock Option Agreement • November 8th, 1999 • Oreilly Michael • Hazardous waste management • New York
EXHIBIT 1.1 STOCK PURCHASE AGREEMENT THIS AGREEMENT, dated as of June 30, 2005 by and among Michael O'Reilly, an individual with an address at c/o Windswept Environmental Group Inc., 100 Sweeneydale Avenue, Bay Shore, New York 11706 (the "Purchaser")...Stock Purchase Agreement • July 11th, 2005 • Oreilly Michael • Hazardous waste management • New York
STOCK OPTION AGREEMENT STOCK OPTION AGREEMENT, dated as of October 29, 1999 between Windswept Environmental Group, Inc., a Delaware corporation (the "Company"), and Michael O'Reilly (the "Optionee"). WHEREAS, the Company and the Optionee have entered...Stock Option Agreement • November 8th, 1999 • Oreilly Michael • Hazardous waste management • New York
October 29, 1999 Mr. Michael O'Reilly 35 Tuthill Pt. Road East Moriches, New York 11940 Dear Mr. O'Reilly: We refer to the Employment Agreement dated the date hereof (the "Agreement") between you and Windswept Environmental Group, Inc. (the...Employment Agreement • November 8th, 1999 • Oreilly Michael • Hazardous waste management
GUARANTY ====================================================================== ==========Guaranty • July 11th, 2005 • Oreilly Michael • Hazardous waste management • New York
This Guaranty is absolute, unconditional and continuing and shall remain in effect until all of the Obligations shall have been fully and indefeasibly paid, performed and discharged. Upon the occurrence and during the continuance of any default or Event of Default under any of the Guaranteed Documents, any or all of the indebtedness hereby guaranteed then existing shall, at the option of Laurus, become immediately due and payable from Guarantor (it being understood, however, that upon the occurrence of any "Bankruptcy Event", as defined in the Purchase Agreement, all such indebtedness shall automatically become due and payable without action on the part of Laurus). Notwithstanding the occurrence of any such event, this Guaranty shall continue and remain in full force and effect. To the extent Laurus receives payment with respect to the Obligations, and all or any part of such payment is subsequently invalidated, declared to be fraudulent or preferential, set aside, required to be repai
