Common Contracts

2 similar Employment Agreement contracts by Nextera Enterprises Inc

EMPLOYMENT AGREEMENT
Employment Agreement • March 15th, 2006 • Nextera Enterprises Inc • Services-management consulting services • California

This AGREEMENT (the “Agreement”) dated as of March 9, 2006 by and between W Lab Acquisition Corp., a Delaware corporation (the “Company”), the Company’s parent company, Nextera Enterprises, Inc., a Delaware corporation (“Nextera”), and Scott J. Weiss (the “Executive”) shall become effective upon the consummation of the transactions contemplated by the Asset Purchase Agreement (the “Asset Purchase Agreement”) between the Company, Nextera, Woodridge Labs, Inc., a California corporation, Joseph J. Millin and Valerie Millin, Trustees of the Millin Family Living Trust Dated November 18, 2002, Joseph J. Millin (“Millin”), Scott J. Weiss and Debra Weiss, as Trustees of the Scott and Debra Weiss Living Trust, and Scott J. Weiss (the “Effective Date”). In consideration of the mutual covenants contained in this Agreement, the Company and (solely with respect to the obligations set forth in Sections 4(h) and 10 below) Nextera, on the one hand, and the Executive, on the other hand, agree as follow

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EMPLOYMENT AGREEMENT
Employment Agreement • March 15th, 2006 • Nextera Enterprises Inc • Services-management consulting services • California

This AGREEMENT (the “Agreement”) dated as of March 9, 2006 by and between W Lab Acquisition Corp., a Delaware corporation (the “Company”), the Company’s parent company, Nextera Enterprises, Inc., a Delaware corporation (“Nextera”), and Joseph J. Millin (the “Executive”) shall become effective upon the consummation of the transactions contemplated by the Asset Purchase Agreement (the “Asset Purchase Agreement”) between the Company, Nextera, Woodridge Labs, Inc., a California corporation, Joseph J. Millin and Valerie Millin, Trustees of the Millin Family Living Trust Dated November 18, 2002, Joseph J. Millin, Scott J. Weiss and Debra Weiss, as Trustees of the Scott and Debra Weiss Living Trust, and Scott J. Weiss (the “Effective Date”). In consideration of the mutual covenants contained in this Agreement, the Company and (solely with respect to the obligations set forth in Sections 2(b), 4(h), and 10 below) Nextera, on the one hand, and the Executive, on the other hand, agree as follows:

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