EMPLOYMENT AGREEMENTEmployment Agreement • November 22nd, 2010 • New Generation Biofuels Holdings, Inc • Industrial organic chemicals • Florida
This EMPLOYMENT AGREEMENT (the “Agreement”) is entered into as of October 9, 2010 (the “Effective Date”), by and among New Generation Biofuels Holdings, Inc., a Florida corporation (the “Company”), and David H. Goebel, Jr. an individual (“Executive”), with respect to the following facts and circumstances:
EMPLOYMENT AGREEMENTEmployment Agreement • November 22nd, 2010 • New Generation Biofuels Holdings, Inc • Industrial organic chemicals • Minnesota
This AGREEMENT is entered into by and between New Generation Biofuels Holdings, Inc. (the “Company”) and Miles Mahoney (the “Executive”).
Mr. Cary J. Claiborne Ellicott City, Maryland 21042 Re: Separation Agreement Dear Cary:New Generation Biofuels Holdings, Inc • November 22nd, 2010 • Industrial organic chemicals • Florida
This separation agreement (this “Agreement”), if accepted by you, sets forth the terms of the agreement between you and New Generation Biofuels Holdings, Inc. (the “Company”) in light of your resignation as President & Chief Executive Officer. Capitalized Terms used but not defined herein shall have the meanings set forth in the Amended and Restated Employment Agreement, dated December 18, 2007 and with a current term through December 31, 2011, between the Company and you (the “Claiborne Employment Agreement”).
AMENDMENT TO SEPARATION AGREEMENTSeparation Agreement • November 22nd, 2010 • New Generation Biofuels Holdings, Inc • Industrial organic chemicals
This Amendment to the Separation Agreement (the "Agreement") ") is made effective as of the date the last of the parties executes this Agreement (the "Effective Date") by and among Cary J. Claiborne and New Generation Biofuels Holdings, Inc (the "Parties").
