Document:

EXHIBIT 10.87

 

SECOND AMENDMENT

TO THE

EXECUTIVE EMPLOYMENT AGREEMENT BETWEEN

STAR SCIENTIFIC, INC. AND 

JONNIE R. WILLIAMS, SR.

 

This Second Amendment (“Second Amendment”)
to that certain Executive Employment Agreement between Star Scientific, Inc., a Delaware corporation (the “Company”)
and Jonnie R. Williams, Sr. (“Employee”) dated as of March 14, 2011 (the “Employment Agreement”) is made
as of this 26th day of December, 2013, by and among the Company and the Employee. Except as set forth in this Amendment, capitalized
terms used herein but not defined herein shall have the meanings ascribed to them in the Executive Employment Agreement.

 

WITNESSETH

 

WHEREAS, the Company and the Employee in
December 2012 amended the terms of the Executive Employment Agreement to reflect the agreement to continue Employee’s employment
on a month-to-month basis; and

 

WHEREAS, the Company and Employee wish to
further amend the terms of the Employment Agreement to reflect that Employee will be resigning as the Company’s CEO and will
be continuing to be employed by the Company as a non-executive employee.

 

NOW, THEREFORE, for good and valuable consideration,
the receipt and sufficiency of which are hereby acknowledged, the Employee and the Company (collectively the “Parties”)
hereby agree as of the completion of the Company’s Annual Meeting on December 27, 2013 (the (“Amendment Date”)
to the following:

 

1.     
Amendments to the Employment Agreement. Effective as of the Amendment Date, the Employment Agreement is hereby
amended in its entirety as follows:

 

		(A)	Title of Agreement and references to Executive.

 

The title of the Agreement shall be amended to read
“Employment Agreement”. Each reference to Mr. Williams in the Agreement as “Executive” shall be amended
to read “Employee”.

 

		(B)	Section 1.1. Section 1.1 of the Agreement is amended to read as follows:

 

		1.1	Position. The Company hereby employs the Employee, and Employee hereby accepts employment as a non-executive employee
of the Company.

 

		(C)	Section 1.2. Section 1.2 of the Agreement is amended to read as follows:

 

		1.2	Duties. Employee agrees to devote his best efforts to assist the Company in connection with the prosecution of patents,
new intellectual property endeavors and new product development efforts, as well as such other duties assigned to him by the Company’s
CEO, President or its Board of Directors. Employee shall perform his duties in a trustworthy, businesslike and loyal manner.

 

    	 

    	 

    

 

		(D)	Section 1.3. Section 1.3 of the Agreement is amended to read as follows:

 

		1.3	Reporting. Employee shall report to the CEO and/or President.

 

		(E)	Section 1.4. Section 1.4 of the Agreement is amended to read as follows:

 

		1.4	Place of Employment. Employee shall perform his services hereunder from the Company’s current or future office
locations, with the expectation that Employee will perform such services primarily from the Company’s offices to be established
in Sarasota, Florida or from employee’s home office.

 

		(F)	Section 2.6. Section 2.6 of the Agreement is amended to read as follows:

 

		2.6	Directors and Officers Liability Insurance. To
the extent available to Employee as a non-executive, Employee shall be entitled to participate in, and have the benefit of, directors
and officers liability insurance to the same extent as provided by the Company for its other Officers and Directors.

 

2.     
No Other Amendment. Except as expressly set forth in this Amendment, the Employment Agreement shall remain unchanged
and shall continue in full force and effect according to its terms.

 

3.     
Acknowledgement. Employee acknowledges and agrees that he has carefully read this Amendment in its entirety fully
understands and agrees to its terms and provisions and intends and agrees that it be final and legally binding on the Employee
and the Company.

 

IN WITNESS WHEREOF, the Employee has hereunto
set his hand and the Company has caused this Amendment to be executed in its name on its behalf, all as of the day and year first
above written.

 

STAR SCIENTIFIC, INC.

/s/ Paul L. Perito

By: Paul L. Perito

Title: Chairman, President and COO

 

 

JONNIE R. WILLIAMS, SR.

 

/s/ Jonnie R. Williams, Sr.

 

 

    	2EXHIBIT 10.88

SECOND AMENDMENT

TO THE

THIRD AMENDED AND RESTATED 

EXECUTIVE EMPLOYMENT AGREEMENT BETWEEN

STAR SCIENTIFIC, INC. AND 

PAUL L. PERITO

 

 

This Amendment (“Amendment”)
to that certain Third Amended and Restated Executive Employment Agreement between Star Scientific, Inc., a Delaware corporation
(the “Company”) and Paul L. Perito (“Executive”) dated as of March 14, 2011 (the “Executive Employment
Agreement”) is made as of this 26th day of December, 2013, by and among the Company and the Executive. Except as set forth
in this Amendment, capitalized terms used herein but not defined herein shall have the meanings ascribed to them in the Executive
Employment Agreement.

 

WITNESSETH

 

WHEREAS, the Company and the Executive in
December 2012 amended the terms of the Executive Employment Agreement to reflect the agreement to continue Executive’s employment
on a month-to-month basis; and

 

WHEREAS, the Company and Executive wish
to further amend the terms of the Executive Employment Agreement to reflect that Executive will be resigning as the Company’s
President and COO and will be continuing to be employed by the Company as its Vice President and Senior Counsel, Legal and Regulatory
Affairs.

 

NOW, THEREFORE, for good and valuable consideration,
the receipt and sufficiency of which are hereby acknowledged, the Executive and the Company (collectively the “Parties”)
hereby agree as of the completion of the Company’s Annual Meeting on December 27, 2013 (the “Amendment Date”)
to the following:

 

1.     
Amendments to the Employment Agreement. Effective as of the Amendment Date, the Executive Employment Agreement
is hereby amended in its entirety as follows:

 

		(A)	Recitals. Section “B” of the recitals is amended to read as follows:

 

B. Executive is the Vice President and Senior Counsel,
Legal and Regulatory Affairs.

 

		(B)	Section 1.1. Section 1.1 of the Agreement is amended to read as follows:

 

		1.1	Position – The Company hereby employees Executive, and Executive hereby accepts employment with the Company as
Senior Vice President for Legal and Regulatory Affairs.

 

    	 

    	 

    

 

		(C)	Section 1.2. Section 1.2 of the Agreement is amended to read as follows:

 

		1.2	Duties. Executive agrees to devote his best
efforts, and shall have primary responsibility within the Company, to oversee and manage (i) the legal affairs of the Company
relating to all current and any future litigation or regulatory compliance matters, and (ii) such other duties, including assisting
in the Company’s ongoing transition to focus more on pharmaceutical drug development efforts, consistent with the foregoing,
assigned to him by the Company’s CEO, President or Board of Directors. Executive shall perform his duties in a trustworthy,
businesslike and loyal manner.

 

		(D)	Section 1.4. Section 1.4 of the Agreement is amended to read as follows:

 

		1.4	Reporting. Executive shall report to the CEO and/or President.

 

 

		2	No Other Amendment. Except as expressly set forth in this Amendment, the Executive Employment Agreement shall remain
unchanged and shall continue in full force and effect according to its terms.

 

		3	Acknowledgement. The Executive acknowledges and agrees that the Executive has carefully read this Amendment in its entirety
fully understands and agrees to its terms and provisions and intends and agrees that it be final and legally binding on the Executive
and the Company.

 

IN WITNESS WHEREOF, the Executive has hereunto
set the Executive's hand and the Company has caused this Amendment to be executed in its name on its behalf, all as of the day
and year first above written.

 

 

	 	STAR
SCIENTIFIC, INC.

 

/s/Jonnie
R. Williams, Sr.

By:
Jonnie R. Williams, Sr.

Title:
Chief Executive Officer

 

 

PAUL
L. PERITO

 

/s/
Paul L. Perito

 

 

    	2EXHIBIT 10.89

 

 

 

[number] Options

 

AMENDMENT TO STOCK OPTION AWARD AGREEMENT

DATED December 26, 2013

 

Reference is made to a certain Stock Option Award Agreement
(hereinafter the “Stock Option Agreement”) dated ___________, 20__, between Star Scientific, Inc. (the “Company”)
and __________________________ (the “Director”).

 

As authorized pursuant to Section 5.1(b) of the Star Scientific,
Inc. 2008 Incentive Award Plan, as amended from time to time, under which the 50,000 Options (the “Options”) awarded
by the Stock Option Agreement were granted to the Director, the Board of Directors of the Company is hereby exercising its discretion
to extend the period during which the Director may exercise on the Options until the expiration date of the Stock Option Agreement
(the “Extended Period of Exercisability”). To the extent the Stock Option Agreement contains provisions, including
those found on Section 2(d) through (g) of the Stock Option Agreement, that would restrict or limit the right to exercise the Options
to any shorter time period, those provisions are hereby superseded and of no further force and effect, such that any such provision
would not be construed to limit or restrict the ability of the Director to exercise the Options though the expiration date of the
Stock Option Agreement.

 

During the Extended Period of Exercisability, the Options shall
continue to become exercisable, as provided in Section 2(a) of the Stock Option Agreement, and generally shall remain subject to
the provisions of the Stock Option Agreement, with the exception of the provisions of Section 2(d) through (g) limiting the period
for exercise of the Options upon cessation of the Director’s service with the Company or upon death or disability.

 

In addition, for a period of six (6) years from date on which
the Director will have ceased to serve as a member of the Board of Directors, the Director shall have the benefit of directors
and officers liability insurance providing coverage for actions taken while serving as a member of the Board of Directors, to the
same extent, and in an amount not less than that provided by the Company for its most senior executives or members of the Board
of Directors.

 

In consideration for the promise made by the Company hereunder,
if requested by the Board of Directors, the Director has agreed to cooperate with the Company, at reasonable times and upon reasonable
notice, in any current or future litigation, potential litigation, action, suit, claim or proceeding whether civil, criminal, administrative
or investigative, and to assist the Company, or any of its subsidiaries or affiliates, in any such litigation, potential litigation,
action, suit, claim or proceeding, by making himself available to testify on behalf of the Company, or any of its subsidiaries
or affiliates, and by providing information and meeting and consulting with the Board of Directors and its representatives or counsel
or representatives or counsel of or to the Company, or any of its subsidiaries or affiliates. The Company agrees to reimburse the
Director for all reasonable out-of-pocket expenses incurred in connection with such cooperation and assistance; provided, however,
that all such expenses must be approved by the Company in advance. Notwithstanding anything herein or in the Stock Option Agreement
to the contrary, the Director understands and agrees that the Director’s failure to comply with the obligations set forth
in this paragraph will constitute a material breach of the Stock Option Agreement, as amended hereby.

 

    	 

    	 

    

 

Except with respect to any transfer by operation of law in connection
with the death of the Director or as otherwise agreed to by the Board or a committee thereof, the Options may not be transferred,
assigned, pledged or hypothecated in any way (whether by operation of law or otherwise) nor shall the Options be subject to execution,
attachment or similar process. Upon any attempt to transfer, assign, pledge, hypothecate or otherwise dispose of the Options contrary
to the provisions hereof, or upon the levy of any attachment or similar process upon the Options, the Options shall, at the election
of the Company, become null and void. The Stock Option Agreement is hereby ratified and confirmed and the parties acknowledge that
it is in full force and effect, as provided herein and this instrument shall be deemed to be a part of such Stock Option Agreement.
If this instrument is inconsistent with any provision of the Stock Option Agreement, this instrument shall control.

 

Executed as of this 26th day of December 2013.

 

 

 

	 	STAR SCIENTIFIC, INC.
	 	 	 
	 	 	 
	 	By	 	 
	 	 	Paul L. Perito, Esquire 
	 	 	Chairman, President and COO 
	 	 	1255 23rd Street, NW
	 	 	Suite 875
	 	 	Washington, DC 20037 
	 	 	 
	 	 	 
	 	By

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