0001120792-06-000083 Sample Contracts

MORGAN BEAUMONT, INC EMPLOYMENT AGREEMENT
Employment Agreement • September 15th, 2006 • Morgan Beaumont, Inc. • Short-term business credit institutions • Florida

THIS EMPLOYMENT AGREEMENT (hereinafter "Agreement") made and entered into effective as at the 5th day of September, 2006, by and between MORGAN BEAUMONT INC., a Florida Corporation (hereinafter referred to as "Company") and JERRY R. WELCH (hereinafter referred to as "Executive").

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NONQUALIFIED STOCK OPTION AGREEMENT (Granted under the 2004 Amended Stock Incentive Plan)
Nonqualified Stock Option Agreement • September 15th, 2006 • Morgan Beaumont, Inc. • Short-term business credit institutions • Florida

THIS NONQUALIFIED STOCK OPTION AGREEMENT is made effective the 5th day of September, 2006, by and between MORGAN BEAUMONT, INC., a Nevada corporation (hereinafter called the “Corporation”), and Raymond P. Springer (hereinafter called “Employee”).

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