Document:

WAIVER
      AND FIRST AMENDMENT TO PUT/CALL AGREEMENT

     

    THIS
      WAIVER AND FIRST AMENDMENT TO PUT/CALL AGREEMENT
      is dated
      as of
      April
      9,
      2008
      (this “Amendment”),
      by
      and between EMERALD
      DAIRY INC.,
      a
      Nevada corporation (the “Company”),
      and
GRAND
      ORIENT FORTUNE INVESTMENT LTD.,
      a
      limited liability company organized and existing under the laws of the British
      Virgin Islands (the “Shareholder”).
      Capitalized terms used and not otherwise defined herein are used as defined
      in
      the Put/Call Agreement (as defined below).

     

    RECITALS:

     

    WHEREAS,
      the
      Company and the Shareholder are parties to that certain Put/Call Agreement,
      dated as of October 9, 2007 (the “Put/Call
      Agreement”);
      and

     

    WHEREAS,
      the
      parties desire
      to
      amend the Put/Call Agreement to delete the current Section 2(d)(iii) in its
      entirety.

     

    NOW,
      THEREFORE,
      in
      consideration of the premises and the other mutual covenants contained herein,
      the receipt and sufficiency of which are hereby acknowledged, the parties hereto
      agree as follows:

     

    1. Amendments
      to Put/Call Agreement.
      Section
      2(d) of the Put/Call Agreement is hereby amended by deleting such section in
      its
      entirety and substituting the following therefor:

     

    “2(d) Conditions
      to Exercise of Put Right.
      The
      Shareholder may exercise its Put Right in the event that:

     

    (i) the
      Company fails to exercise its Call Option within ten (10) days of a date on
      which all of the Call Option Conditions have been met; or

     

    (ii) the
      Company consummates a private offering of not less than $5,000,000 of its
      securities (a “Qualified
      Offering”);
      or

     

    (iii) the
      Company fails to consummate a Qualified Offering within two (2) years of the
      date hereof (each of 2(d)(i), (ii), and (iii), a “Put
      Right Trigger”).”

     

    2. Waiver
      and General Release.
      Each
      of
      the parties hereto on their own behalf, and on behalf of their legal and
      personal representatives, heirs, executors, administrators, affiliates,
      partners, parents, subsidiaries and each of their respective officers,
      directors, shareholders, owners, employees, agents, and successors and assigns
      (collectively, in each case, the “Releasors”)
      hereby
      absolutely, fully, irrevocably and unconditionally release, remise relieve,
      waive, relinquish, and forever discharge the other party, and such party’s legal
      and personal representatives, affiliates, partners, parents, subsidiaries and
      each of their respective officers, directors, shareholders, owners, employees,
      agents, and successors and assigns (collectively,in each case, the “Releasees”),
      from
      all actions, causes of action, suits, debts, dues, sums of money, accounts,
      reckonings, bonds, bills, specialties, covenants, contracts, controversies,
      agreements, obligations, promises, variances, trespasses, damages, costs,
      judgments, liabilities, extents, executions, claims and demands whatsoever,
      in
      law or equity, whether based on state or federal statute or common law, known
      or
      unknown, fixed or contingent, that they have against any of the Releasees,
      as of
      the date hereof, for, upon, or by reason of any matter, cause or thing
      whatsoever, relating to the Put/Call Agreement.

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    3. Put/Call
      Agreement in Full Force and Effect as Amended.
      Except
      as specifically amended hereby, the Put/Call Agreement shall remain in full
      force and effect and hereby is ratified and confirmed as so amended. The parties
      hereto agree to be bound by the terms and conditions of the Put/Call Agreement
      as amended by this Amendment, as though such terms and conditions were set
      forth
      herein and therein in full. Each reference in the Put/Call Agreement to “this
      Agreement,” “hereunder,” “hereof,” “herein” or words of similar import shall
      mean and be a reference to the Put/Call Agreement as amended by this Amendment,
      and each reference herein shall mean and be a reference to the Put/Call
      Agreement as amended and modified by this Amendment.

     

    4. Miscellaneous.

     

    (a) The execution,
      delivery and effectiveness of this Amendment shall not, except as expressly
      provided herein, be deemed to be an amendment
      or modification of, or operate as a waiver of, any
      provision of the Put/Call Agreement, nor constitute a waiver of any provision
      of
      the Put/Call Agreement. This Amendment shall not preclude the future exercise
      of
      any right, remedy, power or privilege available to the parties whether under
      the Put/Call
      Agreement, at law or otherwise.

     

    (b) This
      Amendment may be executed in any number of counterparts (including by
      facsimile), and by the different parties hereto or thereto on the same or
      separate counterparts, each of which shall be deemed to be an original
      instrument but all of which together shall constitute one and the same
      agreement. Each party agrees that it will be bound
      by
      its own facsimile signature and that it accepts the facsimile
      signature of each other party. The descriptive headings of the various
      sections of this Amendment are inserted for convenience of reference only and
      shall not be deemed to affect the meaning
      or construction of any of the provisions hereof or thereof. Whenever the context
      and construction so require, all words herein in the singular number herein
      shall be deemed to have been used in the
      plural, and vice versa, and the masculine
      gender shall include the feminine and neuter and the neuter shall include the
      masculine and feminine.

     

    (c) This
      Amendment may not be changed, amended, restated, waived, supplemented,
      discharged, canceled, terminated or otherwise
      modified orally or by any course of dealing
      or
      in any
      manner other than as provided in the Put/Call Agreement. This Amendment shall
      be
      considered part of the Put/Call Agreement. In the event of any inconsistency
      between this Amendment and the Put/Call Agreement, the terms of this Amendment
      shall control.

     

    (d) This
      Amendment and the Put/Call Agreement constitute the final, entire agreement
      and
      understanding between the parties with respect to the subject matter hereof
      and
      thereof and may not be contradicted by evidence of prior, contemporaneous or
      subsequent oral agreements between the parties, and shall be binding upon and
      inure to the benefit of the successors and assigns of the parties hereto and
      thereto. There are no unwritten oral agreements between the parties with respect
      to the subject matter hereof and thereof. If any provision of this Amendment
      is
      adjudicated to be invalid under applicable laws or regulations, such provision
      shall be inapplicable to the extent of such invalidity without affecting the
      validity or enforceability of the remainder of this Amendment which shall be
      given effect so far as possible.

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    (e) This
      Amendment and the rights and obligations of the parties hereunder shall be
      governed by and construed and interpreted in accordance with the choice of
      law
      provisions set forth in the Put/Call Agreement.

     

    (f) Each
      party shall execute and deliver such other documents, certificates and/or
      instruments and
      take
      such
      other actions as the other party may reasonably request in order more
      effectively to consummate the transactions contemplated hereby.

     

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    IN
      WITNESS WHEREOF,
      the
      parties have caused this Waiver
      and First Amendment
      to Put/Call Agreement to be executed
      under seal by their
      respective officers thereunder duly authorized, as of the date first
      above written.

    
       

    

    
      	 	 	 
	 	
              COMPANY:

            
	 	 
	 	
              EMERALD
                DAIRY INC.

            
	 
 	 
 	 
 
	
            	By:  	/s/ Shu Kaneko
	 	
              
                

              

              Name: Shu Kaneko

              
                

              

            
	 	
              Title:  
                Chief Financial Officer

              
                

              

                

            

    

     

    
      	 	 	 
	 	
              
                SHAREHOLDER:

              

            
	 	 
	 	
              
                GRAND
                  ORIENT FORTUNE INVESTMENT LTD.

              

            
	 
 	 
 	 
 
	
            	By:  	/s/ Yu Shu Mei
	 	
              
                

              

              Name: Yu Shu Mei

              
                

              

            
	 	
              Title:  
                DirectorAGREEMENT
      AND MUTUAL RELEASE

     

    This
      Agreement and Mutual Release is made this 10thday
      of
      January 2008 by and between Solomon Technologies, Inc., a Delaware corporation
      having a principal place of business at 1224 Mill Street, Bldg. B, East Berlin,
      CT (the “Company”) and Gary G. Brandt, an individual residing at 50 Blue Ridge
      Drive, Simsbury, CT (“Brandt”). The Company and Brandt hereby agree as
      follows:

    

    1. Brandt
      voluntarily resigned his employment as chief executive officer of the Company
      effective as of the close of business on January 3, 2008, and the Company hereby
      accepts such resignation.

    

    2. Brandt
      and the Company are entering into the Gary G. Brandt 2008 Consulting Agreement
      and Plan (“Consulting Agreement”) of even date herewith, a copy of which is
      attached hereto as Exhibit
      A.

    

    3. Brandt
      relinquishes any and all claims to compensation and payments of any kind under
      his employment agreement with the Company dated January 31, 2007 (“Employment
      Agreement”) or otherwise, including, without limitation, any accrued vacation
      pay and any compensation that may have accrued after the payroll period ending
      December 28, 2007. 

    

    4.
       Brandt
      hereby forfeits any and all grants of options to purchase the Company’s common
      stock or of stock appreciation rights, whether or not the exercise of such
      options or rights has vested. Brandt acknowledges and agrees that the issuance
      to him of the Shares (as defined herein) shall be in full payment of all
      expenses he has incurred on the behalf of the Company, and the Company agrees
      to
      report the issuance of such shares for tax purposes and otherwise as an expense
      reimbursement. Notwithstanding the foregoing, the Shares shall be issued
      pursuant to, and in partial consideration for, Brandt’s agreement to enter into
      the Consulting Agreement and shall be included with such shares in a
      registration statement filed with the Securities and Exchange Commission on
      Form
      S-8 or equivalent.

    

    5.
       Brandt
      represents and warrants that he has returned to the Company all property
      belonging to the Company, except for the Company’s laptop computer now in his
      possession which Brandt agrees to return upon the expiration of the term of
      the
      Consulting Agreement.

     

    6. Brandt
      represents and warrants that he will not directly or indirectly recruit or
      hire
      or attempt to recruit or hire any employee, consultant or agent of the Company
      or assist any person or persons in recruiting or hiring or soliciting any
      employee, consultant or agent of the Company or any of its affiliates or any
      person who becomes an employee of the Company or any of its affiliates for
      a
      period of six months from the date hereof.

     

    
      
         

      

      
        1

        
          

        

      

      
         

      

    

     

    7. In
      consideration of the issuance to Brandt of 333,000 shares of the Company’s
      common stock, par value $.001 (“Shares”), and for good and valuable
      consideration, the sufficiency of which is hereby acknowledged, Brandt hereby
      irrevocably and unconditionally releases, acquits and forever discharges the
      Company and its predecessors, successors, affiliates, and assigns, and the
      directors, officers, employees, shareholders, members and representatives of
      any
      of the foregoing, and all persons acting on behalf or through any of the
      foregoing (collectively, the “Solomon Released Parties”), from any and all
      charges, complaints, claims, liabilities, obligations, promises, agreements,
      controversies, damages, actions, causes of action, suits, rights, demands,
      costs, losses, debts and expenses (including attorney’s fees and costs actually
      incurred), of any nature whatsoever, known or unknown (collectively, “Claims”),
      that Brandt now has, owns, or holds, or claims to have, own, or hold or that
      Brandt at any time had, owned, or held, or claimed to have had, owned or held
      against the Solomon Released Parties or any of them, through the date Brandt
      signs this Agreement. This general release of Claims includes, without
      implication of limitation, the complete release of all Claims of breach of
      express or implied contract; all claims of wrongful termination of employment
      whether in contract or tort; all Claims of intentional, reckless, or negligent
      infliction of emotional distress; all Claims of breach of any express or implied
      covenant of employment, including the covenant of good faith and fair dealing;
      all Claims of interference with contractual or advantageous relations, whether
      prospective or existing; all Claims of deceit or misrepresentation; all Claims
      of discrimination under state or federal law, all Claims of defamation or damage
      to reputation; all Claims for reinstatement; all Claims for punitive or
      emotional distress damages; all Claims for stock, stock options, wages, bonuses,
      severance, back or front pay or other forms of compensation and all Claims
      for
      attorney’s fees and costs. This general release of Claims shall not be construed
      to include a release of Claims that arise from the Company’s express obligations
      under this Agreement and the Consulting Agreement. Brandt further agrees not
      to
      initiate any litigation, lawsuit, claim or action against the Company or any
      of
      the Solomon Released Parties with respect to any and all Claims released in
      this
      paragraph 7.

     

    8. For
      good
      and valuable consideration, the sufficiency of which is hereby acknowledged,
      the
      Solomon Released Parties hereby irrevocably and unconditionally release, acquit,
      and forever discharge Brandt, as well as his heirs, agents, executors,
      successors, and assigns(hereinafter “the Brandt Released Parties”) from any and
      all Claims that the Solomon Released Parties may have against the Brandt
      Released Parties under the Employment Agreement or from his service as chief
      executive officer of the Company, and from any and all charges, complaints,
      claims, liabilities, obligations, promises, agreements, controversies, damages,
      actions, causes of action, suits, rights, demands, costs, losses, debts and
      expenses (including attorney’s fees and costs actually incurred), of any nature
      whatsoever, known or unknown (collectively, “Claims”), that the Solomon Released
      Parties now have, own, or hold, or claim to have, own, or hold or that the
      Solomon Released Parties at any time had, owned, or held, or claimed to have
      had, owned or held against the Brandt Released Parties, through the date the
      Solomon Released Parties sign this Agreement. This general release of Claims
      includes, without implication of limitation, the complete release of all Claims
      of breach of express or implied contract; all claims of breach of fiduciary
      duty, negligence, disparagement, interference in business relations, prima
      facie
      tort, or defamation, all claims described in or arising from the allegations
      set
      forth in the letter to Brandt dated January 3, 2008 from Neal Marshall Brown,
      and any other Claims, whether based in tort or contract, or arising under the
      statute, regulations, or common law of any jurisdiction. This general release
      of
      Claims shall not be construed to include a release of Claims that arise from
      Brandt’s obligations under this Agreement or the Consulting Agreement. The
      Solomon Released Parties hereby acknowledge that Brandt has no non-competition
      obligation under the Proprietary Rights and Non-Competition Agreement between
      the Company and Brandt or under any other agreement or any stock or compensation
      plan. The Solomon Released Parties further agree not to initiate any litigation,
      lawsuit, claim or action against Brandt with respect to any and all Claims
      released in this paragraph 8.

     

    
      
         

      

      
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    9. The
      invalidity or unenforceability of any particular provision of this Agreement
      shall not affect the other provisions hereof, and this Agreement shall be
      construed in all respects as if such invalid or unenforceable provisions were
      omitted.

    

    10. This
      Agreement shall be governed by and construed in accordance with the law of
      the
      State of Connecticut. Each party irrevocably agrees that any action, suit or
      other legal proceeding against them shall be brought in a court of the State
      of
      Connecticut or in the United States District Court for the District of
      Connecticut. By its and his execution and delivery of this Agreement, each
      party
      hereto irrevocably submits to and accepts the jurisdiction of each of such
      courts and waives any objection (including any objection to venue or any
      objection based upon the grounds of forum non convenience) which might be
      asserted against the bringing of any such action, suit or other legal proceeding
      in such courts.

    

    11. The
      Company agrees not to make any statements that disparage Brandt, and Brandt
      agrees not to make any statements that disparage the Company or any of their
      products, services, employees, officers or directors. Brandt further agrees
      that
      he will not discuss with any person at any time any matter of any kind
      whatsoever having to do with any of the Solomon Released Parties, including
      in
      particular the Company, its business, its finances, its prospects or its
      personnel. Notwithstanding the foregoing, statements made in the course of
      sworn
      testimony in legal proceedings or other statements required by law shall not
      be
      subject to this Section 10. In addition, nothing in this Agreement (or in the
      Proprietary Rights and Non-Competition Agreement between Brandt and the Company)
      shall preclude Brandt from describing, to a prospective employer or other
      business prospect, Brandt’s responsibilities, achievements and compensation as
      an employee of the Company. In response to inquiries from prospective employers
      and other third parties concerning Brandt, the Company shall advise the inquirer
      that Brandt was the Company’s Chief Executive Officer from February 5, 2007
      through January 3, 2008, that Brandt’s compensation consisted of an annual base
      salary of $190,000, plus bonus and incentive compensation, and that Brandt
      voluntarily resigned on January 3, 2008. 

    

    12. Other
      than the Consulting Agreement and the Proprietary Rights Agreement, this
      Agreement constitutes the entire agreement between Brandt and the Company,
      and
      all other previous agreements or promises between Brandt and the Company are
      superseded, null, and void. except the Company shall continue to be bound by
      its
      indemnification obligations to Brandt to the maximum extent provided in the
      Company’s Certificate of Incorporation and Bylaws as of February 5, 2007 or
      thereafter, and as otherwise required by law. Brandt reaffirms his continuing
      obligations under the Proprietary Rights Agreement, except to the extent his
      obligations under the Proprietary Rights and Non-Competition Agreement are
      released by the Company under this Agreement.. Brandt acknowledges that he
      has
      carefully read and fully understands all of the provisions of this Agreement,
      the Consulting Agreement and the Proprietary Rights Agreement

     

    
      
         

      

      
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    13. This
      Agreement may not be changed orally but only by an agreement in writing signed
      by the party against whom enforcement of any waiver, change, modification,
      extension or discharge is sought. Brandt acknowledges that he is signing this
      Agreement and the Consulting Agreement voluntarily. Brandt further acknowledges
      that he has retained independent legal counsel and is not relying on any
      representations by any representative of the Company concerning the meaning
      or
      any aspect of this Agreement.

    

    14. This
      Agreement may be executed simultaneously or in any number of counterparts,
      each
      of which so executed and delivered shall be taken to be an original; but such
      counterparts shall together constitute but one and the same
      document.

    

    15. This
      Agreement supersedes the Agreement and Mutual Release between the Company and
      Brandt dated January 9, 2008.

    
      	 	 	 	 
	
              SOLOMON
                TECHNOLOGIES, INC.

            	 	 	 
	
               

               

            	 	 	 
	
              By:
                /s/
                Gary M. Laskowski

            	 	 	
            
	
              
                

              

              Gary
                M. Laskowski

              Chairman,

              Board
                of Directors

            	 	 	
            

    

    

    
      	 	 	 	 
	
                      /s/
                Gary G. Brandt

            	 	 	
            
	
              
                

              

              
                Gary
                  G. Brandt

              

            	 	 	
            

    

    

    Attachments

    

    Exhibit
      A
      - Gary
      G. Brandt 2008 Consulting Agreement and Plan

     

    
      
         

      

      
        4

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