0001213900-11-005635 Sample Contracts

EMPLOYMENT AGREEMENT
Employment Agreement • October 27th, 2011 • Genie Energy Ltd. • Electric & other services combined • New Jersey

This EMPLOYMENT AGREEMENT (this “Agreement”), dated as of October 28, 2011 (the “Effective Date”), is by and between Genie Energy Ltd., a Delaware corporation (the “Company”) and Claude Pupkin, an individual (the “Employee”).

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EMPLOYMENT AGREEMENT
Employment Agreement • October 27th, 2011 • Genie Energy Ltd. • Electric & other services combined • New Jersey

This EMPLOYMENT AGREEMENT (this “Agreement”), dated as of October 28, 2011, is by and between Genie Energy Ltd., a Delaware corporation (the “Company”), and Howard S. Jonas (the “Executive”).

THIS IS THE FORM OF SEPARATION AND DISTRIBUTION AGREEMENT THAT IS INTENDED TO BE ENTERED INTO BETWEEN GENIE ENERGY LTD. AND IDT CORPORATION, EFFECTIVE AS OF THE CONSUMMATION OF THE SPIN-OFF
Separation and Distribution Agreement • October 27th, 2011 • Genie Energy Ltd. • Electric & other services combined • New Jersey

This SEPARATION AND DISTRIBUTION AGREEMENT (this “Agreement”), dated as of October 28, 2011, by and between IDT Corporation, a Delaware corporation (“IDT”), and Genie Energy Ltd., a Delaware corporation (“Genie”; and together with IDT, the “Parties”, and each individually, a “Party”).

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