0001213900-12-005742 Sample Contracts

AMENDED AND RESTATED EMPLOYMENT AGREEMENT
Employment Agreement • October 19th, 2012 • Jbi, Inc. • Wholesale-electrical appliances, tv & radio sets • New York

This Employment Agreement ("Agreement") is made and entered into, effective May 15, 2012 (the “Effective Date”), by and between JBI, Inc., (the “Company”), and Kevin Rauber (the “Employee”), and amended and restated effective October 18, 2012.

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FORM OF INCENTIVE STOCK OPTION AGREEMENT pursuant to the JBI, INC.
Incentive Stock Option Agreement • October 19th, 2012 • Jbi, Inc. • Wholesale-electrical appliances, tv & radio sets • New York

THIS INCENTIVE STOCK OPTION AGREEMENT (this “Agreement”), dated as of the Grant Date specified above, is entered into by and between JBI, Inc., a Nevada corporation (the “Company”), and the Optionee specified above, pursuant to the JBI, Inc. 2012 Long-Term Incentive Plan, as in effect and as amended from time to time (the “Plan”); and

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