0001144204-15-024850 Sample Contracts

EMPLOYMENT AGREEMENT
Employment Agreement • April 24th, 2015 • Cullen Agricultural Holding Corp • Beverages • New York

AGREEMENT dated as of ________, 2015 between JAMES MEEHAN, residing at __________ (“Executive”), and Long Island Iced Tea Corp., a Delaware corporation having its principal office at 116 Charlotte Avenue, Hicksville, NY 11801 (“Company”);

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ESCROW AGREEMENT
Escrow Agreement • April 24th, 2015 • Cullen Agricultural Holding Corp • Beverages • New York

This ESCROW AGREEMENT (this “Agreement”) is being made and entered into as of [●], 2015, by and among LONG ISLAND ICED TEA CORP., a Delaware corporation (“Holdco”), PHILIP THOMAS, on behalf of the members of Long Island Brand Beverages LLC (the “Members”), in his capacity as the LIBB Representative under the Merger Agreement (as defined below) and herein (the “LIBB Representative”), and not in his personal capacity, and CONTINENTAL STOCK TRANSFER & TRUST COMPANY, as escrow agent (the “Escrow Agent”). Capitalized terms used herein that are not otherwise defined herein shall have the meanings ascribed to such terms in the Merger Agreement.

EMPLOYMENT AGREEMENT
Employment Agreement • April 24th, 2015 • Cullen Agricultural Holding Corp • Beverages • New York

AGREEMENT dated as of ________, 2015 between Thomas Panza, residing at ___________ (“Employee”), and Long Island Brand Beverages LLC, a New York limited liability company having its principal office at 116 Charlotte Avenue, Hicksville, NY 11801 (“Company”);

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