PURCHASE AND SALE AGREEMENTPurchase and Sale Agreement • May 15th, 2001 • Earthshell Corp • Paperboard containers & boxes • California
THIS PURCHASE AND SALE AGREEMENT (this “Agreement”), dated as of January 18, 2001 (the “Execution Date”), but made effective as of December 31, 2000 (the “Effective Date”), is entered into between E. Khashoggi Industries, LLC, a Delaware limited liability company (“Seller”), and EarthShell Corporation, a Delaware corporation (“Buyer”), with reference to the following facts:
March 16, 2001 Simon K. Hodson Chief Executive Officer EarthShell Corporation 800 Miramonte Drive Santa Barbara, CA 93109 Re: Renewal of Employment Agreement dated October 1, 1997 Dear Simon:Earthshell Corp • May 15th, 2001 • Paperboard containers & boxes
On October 1, 1997, EarthShell Corporation entered into the attached employment agreement with you. Pursuant to paragraph 2 of this agreement, the Company hereby exercises its option to renew the agreement for the period of one year. Notwithstanding the notice provision, the Board confirms that it would like you to continue to serve in your capacity as Chief Executive Officer and requests that you acknowledge your acceptance of this extension of your employment agreement by signing below.
Joint Development AgreementJoint Development Agreement • May 15th, 2001 • Earthshell Corp • Paperboard containers & boxes • Delaware
Under a Confidential Disclosure Agreement dated January 26, 2001, E. I. du Pont de Nemours and Company (hereinafter "DuPont") and E. Khashoggi Industries, LLC and EarthShell Corporation (hereinafter "EKI/ EarthShell") have been exchanging information with respect primarily to DuPont's Biomax(R)hydro/biodegradable polyester resins and EKI/EarthShell's biodegradable materials for disposable food service packaging applications. DuPont and EKI/EarthShell now wish to enter into a joint development program in the following areas:
EMPLOYMENT AGREEMENT BETWEEN EARTHSHELL CORPORATION AND DR. PER JUST ANDERSENEmployment Agreement • May 15th, 2001 • Earthshell Corp • Paperboard containers & boxes • California
This Employment Agreement (the “Agreement”) is entered into this 30th day of March, 2001, but is to be effective as of January 1, 2001 (the “Effective Date”), by and between EarthShell Corporation, a Delaware corporation with its principal office located at 800 Miramonte Drive, Santa Barbara, California (the “Company”), and Dr. Per Just Andersen, a resident of the City of Santa Barbara, California (“Executive”).
ContractEarthshell Corp • May 15th, 2001 • Paperboard containers & boxes
THIS TRIPLE NET MONTH-TO-MONTH REAL PROPERTY LEASE (the “Lease”) is made and entered into by and between DE ETTA M. NANCARROW, TRUSTEE OF THE NANCARROW FAMILY LIVING TRUST DATED 9/25/91 (hereinafter referred to as the “Landlord”), and EARTHSHELL CORPORATION, a Delaware corporation (hereinafter referred to as the “Tenant”), who, intending to be legally bound, do hereby agree as follows:
SETTLEMENT AGREEMENT AND MUTUAL RELEASESettlement Agreement and Mutual Release • May 15th, 2001 • Earthshell Corp • Paperboard containers & boxes • Maryland
THIS SETTLEMENT AGREEMENT AND MUTUAL RELEASE (this “Settlement Agreement”) is made this 18th day of January, 2001, but is effective as of December 31, 2000, by and among EarthShell Corporation (hereinafter called “EarthShell”), CH2M Hill Industrial Design Corporation, IDC Construction Management, Inc. and the business unit known as The Food Group (hereinafter collectively called “IDC”). EarthShell and IDC are referred to hereinafter as the “Parties.”
