0001144204-08-019369 Sample Contracts

REGISTRATION RIGHTS AGREEMENT
Registration Rights Agreement • March 31st, 2008 • New Generation Biofuels Holdings, Inc • Industrial organic chemicals • Florida

REGISTRATION RIGHTS AGREEMENT (this “Agreement”), made as of _________________, 2007 (the “Effective Date”), by and between H2Diesel Holdings, Inc., a Florida corporation (the “Company”), and each of the persons and entities listed on Exhibit A attached hereto (the “Holders”).

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Contract
New Generation Biofuels Holdings, Inc • March 31st, 2008 • Industrial organic chemicals • Florida

THIS WARRANT AND THE SECURITIES REPRESENTED BY THIS WARRANT HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE “ACT”). THESE SECURITIES HAVE BEEN ACQUIRED FOR INVESTMENT AND NOT WITH A VIEW TO, OR IN CONNECTION WITH, THE DISTRIBUTION THEREOF. THESE SECURITIES MAY NOT BE OFFERED, SOLD, PLEDGED OR TRANSFERRED UNLESS (1) A REGISTRATION STATEMENT UNDER THE ACT IS IN EFFECT AS TO THESE SECURITIES OR (2) THERE IS AN OPINION OF COUNSEL, SATISFACTORY TO THE CORPORATION, THAT AN EXEMPTION THEREFROM IS AVAILABLE.

Re: Amendment No. 6 (“Amendment No. 6) to the Exclusive License Agreement, dated March 20, 2006 and as amended September 11, 2006, December 13, 2006, November 3, 2007, November 9, 2007 and February 20, 2008 between Ferdinando Petrucci (“Petrucci”) and...
New Generation Biofuels Holdings, Inc • March 31st, 2008 • Industrial organic chemicals

Please acknowledge your agreement that the License Agreement is further amended as follows, by executing this Amendment No. 6 to the License Agreement in the space provided below:

H2DIESEL HOLDINGS, INC.
Non-Qualified Stock Option Agreement • March 31st, 2008 • New Generation Biofuels Holdings, Inc • Industrial organic chemicals

H2Diesel Holdings, Inc., a Florida corporation (the “Company”), hereby grants an option to purchase shares of its common stock, $.001 par value, (the “Stock”) to the optionee named below. Additional terms and conditions of the grant are set forth in this cover sheet and in the attachment (collectively the “Agreement”), and in the Company’s 2007 Omnibus Incentive Plan (the “Plan”).

H2DIESEL HOLDINGS, INC.
Restricted Stock Agreement • March 31st, 2008 • New Generation Biofuels Holdings, Inc • Industrial organic chemicals • Florida

H2Diesel Holdings, Inc., a Florida corporation (the “Company”), hereby grants shares of its common stock, $.001 par value (the “Stock”), to the Grantee named below, subject to the vesting conditions set forth in the attachment. Additional terms and conditions of the grant are set forth in this cover sheet and in the attachment (collectively, the “Agreement”) and in the Company’s 2007 Omnibus Incentive Plan (the “Plan”).

H2DIESEL HOLDINGS, INC.
Incentive Stock Option Agreement • March 31st, 2008 • New Generation Biofuels Holdings, Inc • Industrial organic chemicals

H2Diesel Holdings, Inc., a Florida corporation (the “Company”), hereby grants an option to purchase shares of its common stock, $.001 par value, (the “Stock”) to the optionee named below. Additional terms and conditions of the grant are set forth in this cover sheet and in the attachment (collectively the “Agreement”), and in the Company’s 2007 Omnibus Incentive Plan (the “Plan”).

H2DIESEL HOLDINGS, INC.
Non-Qualified Stock Option Agreement • March 31st, 2008 • New Generation Biofuels Holdings, Inc • Industrial organic chemicals

H2Diesel Holdings, Inc., a Florida corporation (the “Company”), hereby grants an option to purchase shares of its common stock, $.001 par value, (the “Stock”) to the optionee named below. The terms and conditions of the option are set forth in this cover sheet, in the attachment, and in the Company’s 2007 Omnibus Incentive Plan (the “Plan”).

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