0001467809-10-000078 Sample Contracts

SECURITIES PURCHASE AGREEMENT
Securities Purchase Agreement • April 16th, 2010 • New Energy Technologies, Inc. • Industrial organic chemicals • New York

This Securities Purchase Agreement (this “Agreement”) is dated as of February 8, 2008, among Octillion Corp, a Nevada corporation (the “Company”), and each purchaser identified on the signature pages hereto (each, including its successors and assigns, a “Purchaser” and collectively the “ Purchasers”).

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AMENDMENT TO NONSTATUTORY STOCK OPTION AGREEMENT
Nonstatutory Stock Option Agreement • April 16th, 2010 • New Energy Technologies, Inc. • Industrial organic chemicals • Nevada

THIS NONSTATUTORY STOCK OPTION AGREEMENT (“Agreement”) is made and entered into as of December 15, 2009, by and between New Energy Technologies, Inc. a Nevada corporation (the “Company”), and Alastair K. Livesey (“Optionee”):

New Energy Technologies, Inc. Burtonsville, MD 20866 Telephone: (800) 213-0689 ● Facsimile (240) 390-0603
Employment Agreement • April 16th, 2010 • New Energy Technologies, Inc. • Industrial organic chemicals • Nevada

Reference is hereby made to the Employment Agreement dated June 24, 2009 (the “Employment Agreement”) between you and New Energy Technologies, Inc. (the “Company”). Capitalized terms used herein and not otherwise defined shall have the meaning ascribed thereto in the Employment Agreement. This letter amends the Employment Agreement as follows:

NEWENERGYTECHNOLOGIES, INC. Burtonsville, MD 20866 Telephone: (800) 213-0689• Facsimile(240) 390-0603
Stock Option Agreement • April 16th, 2010 • New Energy Technologies, Inc. • Industrial organic chemicals • New York

This letter sets forth the terms and conditions of your continued employment by New Energy Technologies, Inc. (the “Company").

Option Agreement
Option Agreement • April 16th, 2010 • New Energy Technologies, Inc. • Industrial organic chemicals • Florida

This Agreement is made and entered into to be effective the 20th day of May, 2009 (“Effective Date”), by and between the UNIVERSITY OF SOUTH FLORIDA RESEARCH FOUNDATION, INC., a corporation not for profit under Chapter 617 Florida Statutes, and a direct support organization of the University of South Florida (“UNIVERSITY”) pursuant to section 1004.28 Florida Statutes, having its principal office at 4202 East Fowler Avenue, ADM200, Tampa, Florida 33620, U.S.A. (hereinafter referred to as “RESEARCH FOUNDATION”), and New Energy Solar Corporation. (hereinafter referred to as “OPTIONEE”) a corporation organized under the laws of Florida having its principal offices at 8875 Hidden River Parkway, Suite 300, Tampa, FL 33637.

NEW ENERGY TECHNOLOGIES INC. 3905 National Drive, Suite 110 Burtonsville, MD 20866
New Energy Technologies, Inc. • April 16th, 2010 • Industrial organic chemicals • New York

This letter sets forth the terms and conditions of your continued employment by New Energy Technologies, Inc. (the "Company"). For the purposes of this Agreement, capitalized terms used but not otherwise defined in this Agreement shall have the meanings ascribed thereto in Paragraph 21 hereof

Contract
New Energy Technologies, Inc. • April 16th, 2010 • Industrial organic chemicals
THIS NONSTATUTORY STOCK OPTION AGREEMENT (“Agreement”) is made and entered into as of April 6, 2010, by and between New Energy Technologies, Inc. a Nevada corporation (the “Company”) having an address at 3905 National Drive, Suite 110 Burtonsville, MD...
Nonstatutory Stock Option Agreement • April 16th, 2010 • New Energy Technologies, Inc. • Industrial organic chemicals • Nevada

This Stock Retention Option Agreement has been executed and delivered pursuant to Section 2 of the Amendment dated April 6, 2010 (the “Amendatory Agreement”) to Employment Agreement dated as of June 24, 2009, between the Recipient and the Company (the “ Employment Agreement”).

VERYST Engineering® LLC 47A Kearney Road Needham, MA 02494 ®
New Energy Technologies, Inc. • April 16th, 2010 • Industrial organic chemicals
RESEARCH AGREEMENT BY AND BETWEEN NEW ENERGY SOLAR CORPORATION AND THE UNIVERSITY OF SOUTH FLORIDA
Research Agreement • April 16th, 2010 • New Energy Technologies, Inc. • Industrial organic chemicals • New York

THIS RESEARCH AGREEMENT IS MADE AND ENTERED INTO BY AND BETWEEN NEW ENERGY SOLAR COPRORATION (a wholly owned subsidiary of New Energy technologies, Inc.), a corporation having a place of business located at 8875 Hidden River Parkway, Suite 300, Tampa, FL 33637 (“New Energy”), and the University of South Florida Board of Trustees, a public body corporate ("University"), for support to the project entitled “(Semitransparent Flexible Power Foil (SFPF))”. For consideration of the mutual promises, covenants, and obligations contained herein, New Energy hereby retains the University to undertake certain activities described in Attachment 1. The parties agree as follows:

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