0001213900-12-004001 Sample Contracts

l] Shares1 MagneGas Corporation PURCHASE AGREEMENT
Purchase Agreement • July 24th, 2012 • Magnegas Corp • Special industry machinery, nec • New York

MagneGas Corporation, a Delaware corporation (the “Company”), proposes to sell to the several Underwriters named in Schedule III attached hereto (“you” or the “Underwriters”) an aggregate of [l] shares of Common Stock, $0.001 par value per share (the “Common Stock”), of the Company, and the stockholders of the Company named in Schedule II hereto (the “Selling Stockholders”) propose to sell to the several Underwriters an aggregate of [l] shares of Common Stock (collectively, the aggregate firm shares to be sold by the Company and the Selling Stockholders, the “Firm Shares”). The Company and the Selling Stockholders have also granted to the Underwriters an option to purchase up to [l] additional shares of Common Stock (the “Company Option Shares”) and [l] additional shares of Common Stock (the “Selling Stockholder Option Shares” and collectively with the Company Option Shares, the “Option Shares”), in each case on the terms and for the purposes set forth in Section 3 hereof. The Firm Sha

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EMPLOYMENT AGREEMENT
Employment Agreement • July 24th, 2012 • Magnegas Corp • Special industry machinery, nec • Florida

This EMPLOYMENT AGREEMENT (“Agreement”) is entered into by and between Magnegas Corporation, a Delaware corporation (the “Company”), and Luisa Ingargiola, the undersigned individual (“Executive”).

EMPLOYMENT AGREEMENT
Employment Agreement • July 24th, 2012 • Magnegas Corp • Special industry machinery, nec • Florida

This EMPLOYMENT AGREEMENT (“Agreement”) is entered into by and between Magnegas Corporation, a Delaware corporation (the “Company”), and Dr. Ruggero Santilli, the undersigned individual (“Employee”).

STOCK OPTION AGREEMENT MAGNEGAS CORPORATION
Stock Option Agreement • July 24th, 2012 • Magnegas Corp • Special industry machinery, nec • Delaware
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