Randy N. McCullough Stephen D. Kelley CEO Chief Operating Officer Charles & Colvard, Ltd. Cree, Inc. 300 Perimeter Park, Suite A 4600 Silicon Drive Morrisville, North Carolina 27560 Durham, North Carolina 27703Amendment to Supply Agreement • March 29th, 2010 • Charles & Colvard LTD • Jewelry, silverware & plated ware • North Carolina
This letter, when signed on behalf of Charles & Colvard, Ltd. (“C&C”) and Cree, Inc. (“Cree”), will serve as an agreement between C&C and Cree, effective as of the date first set forth above (the “Agreement”), to amend the parties' letter agreement dated November 12, 2007 (which was effective on and after December 25, 2007 and previously amended by the letter dated September 18, 2008) (the “Letter Agreement”) and to document such other mutual agreements as set forth herein. Except as expressly provided herein, the supply and purchase of SiC Materials will be governed by the terms and conditions of the parties’ Amended and Restated Exclusive Supply Agreement dated June 6, 1997 (the “Supply Agreement”, as amended). Capitalized terms used herein which are not defined herein but are defined in the Supply Agreement shall have the meanings specified in the Supply Agreement.
EMPLOYMENT AGREEMENTEmployment Agreement • March 29th, 2010 • Charles & Colvard LTD • Jewelry, silverware & plated ware • North Carolina
THIS EMPLOYMENT AGREEMENT (the “Agreement”) is made and entered into effective as of October 12, 2009 by and between Charles & Colvard, Ltd., a North Carolina corporation with its principal office at 300 Perimeter Park Drive, Suite A, Morrisville, North Carolina, 27560 (the “Company”), and Thomas G. Pautz, an individual currently residing at 8104 Everest Lane, Maple Grove, Minnesota 55311 (the “Employee”).
