0001140361-13-040013 Sample Contracts

EMPLOYMENT AGREEMENT
Employment Agreement • October 31st, 2013 • Charles & Colvard LTD • Jewelry, silverware & plated ware • North Carolina

THIS EMPLOYMENT AGREEMENT (the “Agreement”) is made and entered into this the 5th day of August, 2013 (the “Effective Date”) by and between Charles & Colvard, Ltd. (the “Company”) and Kyle Macemore (the “Employee”).

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Cree, Inc. Letterhead]
Charles & Colvard LTD • October 31st, 2013 • Jewelry, silverware & plated ware • North Carolina

This document (the “Second Amendment”) serves as an amendment to the letter agreement between Charles & Colvard, Ltd. (“C&C”) and Cree, Inc. (“Cree”) dated March 22, 2010 (the “2010 Agreement”) and previously amended by the letter dated February 1, 2013 (the “First Amendment”) (collectively, the “Letter Agreement”). Except as expressly set forth in the Letter Agreement, as modified herein, the supply and purchase of SiC Materials will be governed in all respects 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 shall have the meanings specified in the Letter Agreement or the Supply Agreement, as the case may be.

SEPARATION OF EMPLOYMENT AGREEMENT
Separation of Employment Agreement • October 31st, 2013 • Charles & Colvard LTD • Jewelry, silverware & plated ware

This SEPARATION OF EMPLOYMENT AGREEMENT (“Agreement”) is made and entered into by Timothy L. Krist (“Employee”) and Charles & Colvard, Ltd. (“the Company”).

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