EMPLOYMENT AGREEMENTEmployment Agreement • February 17th, 2010 • InovaChem, Inc. • Blank checks • Delaware
THIS EXECUTIVE EMPLOYMENT AGREEMENT (this “Agreement”) dated as of January 1st, 2010 (the “Effective Date”), is by and between InovaChem, Inc., a Delaware corporation (the “Company”), and Eric Takamura (the “Executive”).
STOCK PLEDGE AGREEMENTStock Pledge Agreement • February 17th, 2010 • InovaChem, Inc. • Blank checks • Texas
February 11, 2010Preferred Stock Purchase Agreement • February 17th, 2010 • InovaChem, Inc. • Blank checks
This letter agreement (this “Agreement”) confirms the agreement between Inovachem, Inc. (the “Company”) and certain existing investors in the Company set forth on Exhibit A attached hereto (the “Investors”) concerning the potential purchase of Class A Preferred Stock of the Company (the “Preferred Stock”) subject to and in accordance with the terms and conditions set forth in this Agreement. The undersigned is acting as agent of the Investors for purposes of this Agreement; provided however that: (i) the rights and obligations of each Investor hereunder are several and not joint; (ii) no action taken by any Investor hereunder shall be deemed to constitute the Investors as a partnership, group or joint venture or as acting in concert with one another; and (iii) each Investor shall be entitled to enforce its rights hereunder without regard to any other Investor.
