SIBLING ENTERTAINMENT GROUP, INC. EMPLOYMENT AGREEMENTEmployment Agreement • June 1st, 2007 • Sibling Entertainment Group, Inc. • Services-miscellaneous amusement & recreation • New York
Sibling Entertainment Group, Inc. (“Sibling”), a New York Corporation, currently having an address at 511 West 25th Street, Suite 503, New York, NY 10001, agrees to employ you and you agree to accept such employment on the terms and conditions set forth herein.
SIBLING ENTERTAINMENT GROUP, INC. WITH WILLIAM PLON CONSULTING AGREEMENTConsulting Agreement • June 1st, 2007 • Sibling Entertainment Group, Inc. • Services-miscellaneous amusement & recreation • New York
WP was engaged as the Chief Financial Officer (“CFO”) of the Company pursuant to an employment agreement dated December 13, 2006 (the “Employment Agreement”) and both parties agree to mutually rescind the Employment Agreement and to simultaneously engage WP as a consultant to SEGI (“Consulting Agreement”) with no further obligations by either party with respect to the Employment Agreement, except for SEGI to maintain health insurance as a former employee as provided under COBRA and to reimburse the Consultant for this cost, if not paid directly by the Company; except for the following:
MUTUAL RELEASESibling Entertainment Group, Inc. • June 1st, 2007 • Services-miscellaneous amusement & recreation
This Mutual Release (“Release”), is executed this 31st day of May, 2007, by and between, William Plon (hereinafter referred to as “WP”), and Sibling Entertainment Group, Inc. and any and all affiliates (hereinafter “SEGI”).
SIBLING ENTERTAINMENT GROUP, INC. MUTUAL RESCISSION AGREEMENT EMPLOYMENT AGREEMENT DATED DECEMBER 13, 2006 WITH WILLIAM PLON AS CHIEF FINANCIAL OFFICERMutual Rescission Agreement • June 1st, 2007 • Sibling Entertainment Group, Inc. • Services-miscellaneous amusement & recreation • New York
This Agreement of mutual rescission of a contract made and entered into this 31st day of May, 2007, by and between William Plon (“WP”) and Sibling Entertainment Group, Inc. (“SEGI”).
