June 30, 2010 Mr. Charles W. Grinnell 336 Stamford Ave. Stamford, CT 06902 Re: Transition Service Agreement Dear Charles: We are writing to confirm our agreement about the transition services you have agreed to provide to Clean Diesel Technologies,...Transition Service Agreement • July 22nd, 2010 • Clean Diesel Technologies Inc • Industrial inorganic chemicals • Connecticut
This letter agreement represents our entire agreement regarding your transition bonus and cannot be altered except in a written document signed by the Company and you. Also, this transition bonus is in full substitution for any and all retention and severance plans or policies of the Company that may be in effect from time to time. For clarification, this letter agreement does not impact your rights with respect to your stock options or with respect to your accrued vacation. This letter agreement shall be governed by and construed in accordance with the substantive laws of the State of Connecticut.
EMPLOYMENT AGREEMENT Clean Diesel Technologies, Inc. — Michael L. AsmussenEmployment Agreement • July 22nd, 2010 • Clean Diesel Technologies Inc • Industrial inorganic chemicals • California
AGREEMENT made as of the date set forth below by and between Michael L. Asmussen, 293 Taunton Road, Fairfield CT 06824 (“Executive”) and Clean Diesel Technologies, Inc., a Delaware corporation (the “Company”), having a place of business at Suite 1100, 10 Middle Street, Bridgeport, CT 06604.
