0001144204-07-014794 Sample Contracts

AMENDMENT NO. 1 TO EMPLOYMENT AGREEMENT
Employment Agreement • March 27th, 2007 • O2diesel Corp • Wholesale-groceries & related products

This Amendment No. 1 (the “Amendment”) to the Employment Agreement, dated as of October 1, 2005 (the “Employment Agreement”), is made as of March 26, 2007 (the “Execution Date”), by and between O2Diesel Corporation, a Delaware corporation (the “Company”) and David H. Shipman (the “Executive”).

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SHARE EXCHANGE AGREEMENT
Share Exchange Agreement • March 27th, 2007 • O2diesel Corp • Wholesale-groceries & related products • Delaware
SUPPLY AND DISTRIBUTION AGREEMENT
Supply and Distribution Agreement • March 27th, 2007 • O2diesel Corp • Wholesale-groceries & related products • Delaware

This Supply and Distribution Agreement (the “Agreement”), effective as of 9 March, 2007 (the “Effective Date”), is made between O2Diesel Corporation (“O2Diesel”), having its registered office at 100 Commerce Drive, Newark, DE 19713, USA and Fair Energy S.A. (“Distributor”) having its registered office at Rue du Mont Blanc 7, 1201 Geneva, Switzerland (each a “Party,” and collectively the “Parties”).

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