EMPLOYMENT AGREEMENTEmployment Agreement • May 6th, 2008 • Xelr8 Holdings, Inc. • Medicinal chemicals & botanical products • Colorado
Contract Type FiledMay 6th, 2008 Company Industry JurisdictionThis Employment Agreement (this “Agreement”) is between XELR8, Inc. (the “Company”) and Douglas Ridley (“Employee”), and is executed effective as of May 2, 2008 (the “Effective Date”) in connection with and consideration of the increased compensation and termination payment set forth herein, and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged.