Executive Incentive, Change of Control Retention and Severance Agreement Sample Contracts

Executive Incentive, Change of Control Retention and Severance Agreement
Executive Incentive, Change of Control Retention and Severance Agreement • August 19th, 2008 • Solar Enertech Corp • Semiconductors & related devices • California

This Executive Incentive, Change of Control Retention and Severance Agreement (the "Agreement") is made and entered into as of August 19, 2008 (the "Effective Date"), by and between Solar Enertech Corp. (“Company”) and Leo S. Young (the "Executive"). Capitalized terms used in this Agreement shall have the meanings set forth in Section 5 below.

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