**Exhibit 10.16**

   

***EMPLOYMENT AGREEMENT***

*Concluded on September 20, 2002 between:*

*CAREY AGRI INTERNATIONAL POLAND Sp. z o. o.**ul. Bokserska 66A**02-690 Warszawa*

*hereinafter referred to as the Employer represented by Human Resources Director**Mrs.* *Magdalena Porowska**and*

***Mr.*** ***Evangelos Evangelou******resident in Warsaw, Fosa St. 37B / 45***

*§1*

*The Employer engages the Employee as Chief Operating Officer.*

*§2*

*The agreement herewith is signed for terminated period of time from September 20, 2002 thru November 13, 2004 and can be dissolved by 3 months’ notice.*

*§3*

*The range of duties of the employed party is the following but not limitedto:*

*1.*      *Any operational matters connected withCarey Agri International Poland,*

*2.*      *Participation in the Board of Directors of Carey Agri International Poland.*

*§4*

*During the term of this contract, the Employee will be paid in accordance with the basis set out below:*

*1.*      *Monthly remuneration amounts to the equivalent of 800 USD net paid in Polish zlotys,*

*2.*      *The monthly remuneration is counted on the basis of the average monthly NBP exchange rate,*

*§5*

*The Employee will be entitled to annual vacation leave according to the Labor Coderegulations.*

*§6*

*All issues not regulated herein shall bedetermined in accordance with the Polish Labor Code.*

*§7*

*Anymodification of this contract must be made in writing under penalty of nullity.*

*§8*

*The Agreement has been made in two identical copies, one for each Party and in two language versions: Polish and English, each of which has equal legal force.*

 

 

 

 

 

 

 

 

 

***EMPLOYEE - DATE AND SIGNATURE*********

 

 

***EMPLOYER*********

 

*Statement*

*I declare that I have received a copy of thiscontract and after acknowledging its substance, I accept the proposed terms of employment and remuneration.**Simultaneously, I acknowledge the work regulations presently in force within the firm.**I hereby confirm my undertaking to keep confidential all information relating to my Employer and employment and not to convey them to any third party.*

 

 

 

 

 

 

 

 

 

***EMPLOYEE - DATE AND SIGNATURE*********

 

 

***EMPLOYER*********

 

 

**ANEX TO****EMPLOYMENT AGREEMENT**

THIS ANEX TO EMPLOYMENT AGREEMENT (“Agreement”) dated **January 1, 2003** is entered into as of **January 1,2003**, by and between Central European Distribution Corporation, Inc., a Delaware corporation (the “Company”), and **Evangelos Evangelou (the “Executive”).**

**1.**             **Base salary**. 

As of **January 1, 2003** The Executive shall be paid an annual base salary (the “Base Salary”) increased by **$10** **000****net**in the amount of **$ 65, 200 net per annum**.

All other points of “Agreement” remain unchanged.

IN WITNESS WHEREOF, the undersigned have duly executed this anex toAgreement, or have caused this anex to Agreement to be duly executed on their behalf, as of the day and year first hereinabove written. 

 

 

CENTRAL EUROPEAN DISTRIBUTION CORPORATION

 

 

 

By: 

 

 

 

 

 

 

 

 

Name: 

**William V. Carey**

 

 

 

 

Title: 

**Chairman**

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Name: 

**Evangelos Evangelou**

 

Name: 

**Jan Laskowski**

 

Title: 

**Executive**

 

Title: 

**Remuneration Commitee**