Document:

EMPLOYMENT
      AGREEMENT 

     

     

    THIS
      EMPLOYMENT AGREEMENT ("Agreement"), is made and entered into as of October
      3,
      2005, by and between NuCon, Inc., a Nevada corporation ("Company"), and
      Alexander S. Stepanenko ("Employee"), with reference to the following:

    

    WHEREAS,
      Company wishes to employ Employee to serve as Chief Operating Officer of the
      Company to provide services to the Company as set forth herein; and

    

    WHEREAS,
      Employee wishes to provide such services under the terms and conditions set
      forth herein; 

     

    NOW,
      THEREFORE, in consideration of the mutual promises, conditions and covenants
      set
      forth herein, the parties do hereby mutually agree as follows: 

    

    1.
      Services of Employee. Company hereby employs Employee to assist in
      promotion, administration, financial and strategic planning, client relations
      attracting client companies engaged in all manner and kind of nuclear energy
      endeavors and matters related thereto for the Company and to perform such other
      similar work as Company may from time to time designate. 

    

    2.
      Term. The initial term of this Agreement (the "Term") shall be three (3)
      years commencing on November 1, 2005 and expiring on October 31, 2008, unless
      sooner terminated as hereinafter provided. This Agreement between the Employee
      and Company, shall be automatically renewed for successive three (3) year terms
      unless notice of termination is given 60 days prior to the expiration of the
      Term. 

    

    3.
      Base Salary. In consideration of Employee's agreement to render services
      hereunder, Company shall pay to Employee the salary ("Base Salary") $72,000
      per
      year, payable in equal monthly installments of $6,000. 

     

    4.
      Benefits. 

     

    (a)
      During the Term, Employee shall be entitled to health insurance and other
      benefits (including, without limitation, bonuses, vacation and sick leave)
      as
      are made available to other officers of the Company. 

     

    (b)
      Company shall reimburse Employee for all reasonable expenses incurred by
      Employee in performing services on behalf of Company. Company shall withhold
      and
      pay any social insurance payments required to be paid on Employee's behalf.
      

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    (c)
      During the Term, Employee shall be entitled to a leased automobile provided
      by
      the Company at no cost to Employee for use in connection with Employee's
      employment. 

     

    5.Devotion
      of Time. Employee shall devote such time and attention to Company
      as shall be necessary to adequately perform his duties as herein provided.
      Employee may engage in other activities so long as such other activities or
      ventures do not materially interfere with his duties under this Agreement.
      

     

    6.Termination
      by Company. In the event that Company terminates this Agreement
      for any reason other than cause, Company shall continue to pay Employee the
      Base
      Salary when otherwise due the additional period of the Term of this Agreement.
      On the death of Employee or the Employee's termination of this Agreement, this
      Agreement shall terminate and be of no further force and effect and no
      additional payment hereunder will be due or paid. 

     

    7.
      Assignment.
      Without the prior written consent of the other party, neither Company
      nor Employee may assign or transfer this Agreement or all or any part of its
      rights hereunder to any person, firm or corporation. Subject to the foregoing,
      this Agreement shall be binding upon and inure to the benefit of the parties
      hereto and their respective successors and assigns. 

     

    8.
      Notices. Any notice, demand or communication required or permitted to be
      given by any provision of this Agreement shall be deemed to have been
      sufficiently given or served for all purposes if sent by personal delivery,
      recognized overnight courier, registered or certified mail, postage and charges
      prepaid, or facsimile (followed within one business day by a hard copy sent
      by
      any other approved notice method) to the parties at the addresses set forth
      below their signatures to this Agreement, upon the earlier of (a) the third
      business day after such notice, demand or communication was sent or (b) receipt
      by such party. 

     

    9.
      Arbitration.
      In the event of any dispute, claim or controversy between the parties arising
      out of or in any way relating to this Agreement, such dispute, claim or
      controversy shall be resolved by and through an arbitration proceeding before
      a
      single arbitrator in Los Angeles, California, pursuant to the commercial
      arbitration rules of the American Arbitration Association. Both the foregoing
      agreement of the parties to arbitrate any and all such claims, and the results,
      determination, finding, judgment and/or award rendered through such arbitration,
      shall be final and binding on the parties hereto and may be specifically
      enforced by legal proceedings. Any and all legal proceedings to enforce this
      Agreement, including any action to compel arbitration hereunder or to enforce
      any award or judgment rendered thereby, shall be governed in accordance with
      Section 11. 

     

    10.
      Attorneys' Fees. In the event of any arbitration, litigation or other
      legal proceedings between the parties hereto, including any action to compel
      arbitration hereunder or to enforce any award or judgment rendered thereby,
      the
      nonprevailing party shall pay the expenses, including reasonable attorneys'
      fees
      and court costs, of the prevailing party in connection therewith. 

     

    
      
        
        

      

      
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    11.
      Miscellaneous.
      This Agreement shall be governed by and construed in accordance with the laws
      of
      the State of California applicable to contracts made and to be performed wholly
      within such State, and without regard to the conflicts of laws principles
      thereof. Subject to the provisions of Section 9
      hereof,
      any suit brought hereon shall be brought in the state or federal courts sitting
      in Los Angeles, California, the parties hereto hereby waiving any claim or
      defense that such forum is not convenient or proper. Each party hereby agrees
      that any such court shall have in personam jurisdiction over it and consents
      to
      service of process in any manner prescribed in Section 8 or in any other manner
      authorized by California law. This Agreement sets forth the entire understanding
      and agreement of the parties hereto with respect to the subject matter hereof
      and replaces any and all prior agreements and understandings, whether written
      or
      oral, relating in any way to the subject matter of this Agreement. Section
      and
      paragraph headings of this Agreement are inserted solely for convenience of
      reference and are not a part of and are not intended to govern, limit or aid
      in
      the construction of any term or provision hereof. No waiver of any breach of
      any
      provision of this Agreement shall be construed to be a waiver of any proceeding
      or succeeding breach of the same or any other provision. All rights and the
      remedies of either party hereunder shall be cumulative and the exercise or
      enforcement of any one or more of them shall not preclude any party from
      exercising any of the others or any right or remedy allowed by law.

     

    12.
      Indemnification. To the fullest extent permitted by law, Company shall
      indemnify, defend and hold harmless Employee from and against any and all costs,
      expenses, losses, claims, damages, obligations or liabilities (including actual
      attorneys' fees and expenses) arising out of or relating to any acts, or
      omissions to act, made by Employee on behalf of or in the course of performing
      services for Company. To the extent a change in applicable law permits greater
      indemnification than is now afforded, it is the intent of the parties hereto
      that Employee shall enjoy the greater benefits afforded by such change. If
      any
      claim, action, suit or proceeding is brought, or claim relating thereto is
      made,
      against Employee with respect to which indemnity may be sought against Company
      pursuant to this Section, Employee shall notify Company in writing thereof,
      and
      Company shall promptly advance to Employee the costs of the defense thereof,
      including, without limitation, the cost of counsel selected by Employee. In
      addition, the Company shall as soon as practical hereafter obtain and maintain
      officers and directors liability insurance in an amount of not less than
      $1,000,000. 

     

    
 

    [Signaturepage
      follows] 

     

    
      
        
        

      

      
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    IN
      WITNESS WHEREOF, the
      parties have executed this Agreement as of the date first above written.

     

      

     

     

     

    
      
        
        

      

      
        4CONSULTANT
      AGREEMENT
      

     

    

    THIS
      CONSULTANT
      AGREEMENT
      ("Agreement"),
      is made and entered into as of October 3, 2005, by and between NuCon, Inc.,
      a
      Nevada corporation ("Company"), and Peter Goerke ("Consultant"), with reference
      to the following: 

    

    WHEREAS,
      Company wishes to employ Consultant to serve as First Vice President/Secretary
      of the Company to provide services to the Company as set forth herein; and
      

     

    WHEREAS,
      Consultant wishes to provide such services under the terms and conditions set
      forth herein; 

     

    NOW,
      THEREFORE, in consideration of the mutual promises, conditions and covenants
      set
      forth herein, the parties do hereby mutually agree as follows: 

     

    1.
      Services of Consultant. Company hereby employs Consultant to assist
in
      promotion,
      administration, financial and strategic planning, client relations attracting
      client companies engaged in all manner and kind of nuclear energy endeavors
      and
      matters related thereto for the Company and to perform such other similar work
      as Company may from time to time designate. 

     

    2.
      Term. The initial term of this Agreement (the "Term") shall be three
(3)
      years
      commencing on November 1, 2005 and expiring on October 31,
      2008,
      unless sooner terminated as hereinafter provided. This Agreement between the
      Consultant and Company, shall be automatically renewed for successive three
      (3)
      year
      terms unless notice of termination is given 60 days prior to the expiration
      of
      the Term. 

     

    3.
      Base Salary. In
      consideration
      of Consultant's agreement to render services hereunder, Company shall pay to
      Consultant the salary ("Base Salary") $72,000 per year, payable in equal monthly
      installments of $6,000 each less all amounts required to be withheld in
      accordance with applicable law.

     

    4. Benefits.

     

      (a)
        During the Term, Consultant shall be entitled to health insurance and other
        benefits (including, without limitation, bonuses, vacation and sick leave)
        as
        are made available to officers of the Company.

    

    

    (b)
      Company shall reimburse Consultant for all reasonable expenses incurred by
      consuitant in performing services on behalf of Company. Company shall withhold
      and pay any social insurance payments required to be paid on Consultant's
      behalf. 

    

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    
    

     

    (c)
      During the Term, Consultant shall be entitled to a leased automobile
      provided by the Company at no cost to Employee for use in connection with
      Employee's employment. 

    

    5.
      Devotion
      of Time. Consultant shall devote such time and attention to Company
      as shall be necessary to adequately perform his duties asherein provided.
      Consultant may engage in other activities so long assuch other activities or
      ventures do not materially interfere with his duties under this Agreement.
      

     

    6.
      Termination by Company. In the event that Company terminates this
Agreement
      for any reason other than cause, Company shall continue to pay Consusltant
      the
      Base Salary when otherwise due the additional period of the Term of this
      Agreement. On the death of Employee, or Employer's termination of this
      Agreement, this Agreement shall terminate and be of no further force and effect
      and no additional payment hereunder will be due or paid. 

    

    7.
      Assignment. Without the prior written consent of the other party,
      neither  Company nor Consultant may assign or transfer this Agreement or
      all or any part of its rights hereunder to any person, firm or corporation.
      Subject to the foregoing, this Agreement shall be binding upon and inure to
      the
      benefit of the parties hereto and their respective successors and assigns.
      

     

    8.
      Notices.
      Any notice, demand or communication required or permitted to be given by any
      provision of this Agreement shall be deemed to have been sufficiently given
      or
      served for all purposes if sent by personal delivery, recognized overnight
      courier, registered or certified mail, postage and charges prepaid, or facsimile
      (followed within one business day by a hard copy sent by any other approved
      notice method) to the parties at the addresses set forth below their signatures
      to this Agreement, upon the earlier of (a) the third business day after such
      notice, demand or communication was sent or (b)
      receipt
      by such party. 

     

    9.
      Arbitration. In the event of any dispute, claim or controversy between
      the parties arising out of or in any way relating to this Agreement, such
      dispute, claim or controversy shall be resolved by and through an arbitration
      proceeding before a single arbitrator in Los Angeies, Caiifornia, pursuant
      to
      the cornmerciai arbitration ruies of the American Arbitration Association.
      Both
      the foregoing agreement of the parties to arbitrate any and all such claims,
      and
      the results, determination, finding, judgment andlor award rendered through
      such
      arbitration, shall be final and binding on the parties hereto and may be
      specifically enforced by legal proceedings. Any and all legal proceedings to
      enforce this Agreement, including any action to compel arbitration hereunder
      or
      to enforce any award or judgment rendered thereby, shall be governed in
      accordance with Section 11. 

    

    10.
      Attorneys'
      Fees. In
      the
      event
      of any
      arbitration,
      litigation or other legal proceedings between the parties hereto, including
      any
      action to compel arbitration hereunder or to enforce any award or judgment
      rendered thereby, the nonprevailing party shall pay the expenses, including
      reasonable attorneys' fees and court costs, of the prevailing party in
      connection therewith. 

     

    
      
        
        

      

      
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    Miscellaneous.
      This Agreement shall be governed by and construed in accordance with the laws
      of
      the State of California applicable to contracts made and to be performed wholly
      within
      such
      State, and without regard to the conflicts of laws principles thereof. Subject
      to the provisions of Section 9 hereof, any suit brought hereon shall be brought
      in the state or
      federal
      courts sitting in
      Los
      Angeles, California, the parties hereto hereby waiving any claim or defense
      that
      such forum is not convenient or proper. Each party hereby agrees that any such
      court shall have in personarn jurisdiction over it and consents to service
      of
      process in any manner prescribed in
      Section
      8
      or
      in
      any
      other
      manner authorized by California law. This Agreement sets forth the entire
      understanding and agreement of the parties hereto with respect to the subject
      matter hereof and replaces any and all prior agreements and understandings,
      whether written or oral, relating in any way to the subject matter of this
      Agreement. Section and paragraph headings of this Agreement are inserted solely
      for convenience of reference and are not a part
      of
      and
      are not intended to govern, limit or aid in the construction of any term or
      provision hereof. No waiver of any breach of any provision of this Agreement
      shall be construed to be a waiver of any proceeding or succeeding breach of
      the
      same or any other provision. All rights and the remedies of either party
      hereunder shall be cumulative and the exercise or enforcement of any one or
      more
      of them shall not preclude any party from exercising any of the others or any
      right or remedy allowed by law. 

    

    Indemnification.
      To the fullest extent permitted by law, Company shall indemnify, defend and
      hold
      harmless Consultant from and against any and all costs, expenses, losses,
      claims, damages, obligations or liabilities (including actual attorneys' fees
      and expenses) arising out of or relating to any acts, or omissions to act,
      made
      by Consultant on behalf of or in the course of performing services for Company.
      To the extent a change in applicable law permits greater indemnification than
      is
      now afforded, it is the intent of the parties hereto that Consultant shall
      enjoy
      the greater benefits afforded by such change. If any claim, action, suit or
      proceeding is brought, or claim relating thereto is made, against Consultant
      with respect to which indemnity may be sought against Company pursuant to this
      Section, Consultant shall notify Company in writing thereof, and Company shall
      promptly advance to Consultant the costs of the defense thereof, including,
      without limitation, the cost of counsel selected by Consultant. In
      addition,
      the Company shall as
      soon
      as
      practical
      hereafter obtain and maintain oflicers and directors liability insurance in
      an
      amount of not less than $
      1,000.000.
      

     

    
 

    [Signature
      page follows]

     

    
      
        
        

      

      
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    IN WITNESS
      WHEREOF, the parties have executed this Agreement as
      of the date first above
      written.

     

      

     

    
      
        
        

      

      
        4

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