CATALYTICA ENERGY SYSTEMS, INC./SCR-TECH LLC/CESI-SCR, INC. EMPLOYMENT AGREEMENTEmployment Agreement • January 10th, 2007 • Catalytica Energy Systems Inc • Engines & turbines • North Carolina
This Employment Agreement (the “Agreement”) is made and entered into between and among William J. McMahon III (the “Employee”), Catalytica Energy Systems, Inc. (the “Company”), SCR-Tech LLC (“SCR-Tech”) and CESI-SCR, Inc., a wholly-owned subsidiary of the Company and the manager of SCR-Tech (“CESI-SCR”), effective as of January 1, 2007 (the “Effective Date”). This Agreement replaces and supersedes in their entirety (i) the letter agreement between the Company and Employee dated March 16, 2005, and (ii) the SCR-Tech, LLC Change of Control Severance Agreement between and among the Company, SCR-Tech LLC and Employee dated March 17, 2005 (the “Prior Agreements”).
