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Unassociated Document

    EMPLOYEE
SECRECY, INVENTION AND NONCOMPETITION AGREEMENT

     

    In
consideration and as a condition of my employment or continued employment by New
Generation Motors Corporation, a Virginia Corporation (the "Company"), and my
compensation and benefits as a consequence thereof, I agree that my employment
by the Company shall be governed by the following terms and
conditions:

     

    1.           Inventions.    
I hereby agree to assign and do hereby assign to the Company my entire right,
title and interest throughout the world in and to all inventions, improvements,
discoveries and ideas (whether or not patentable) relating to any aspect of the
Company's technology, products, production methods, service proprietary
information, research and/or development, or any other aspect of the Company's
business or property ("Inventions"), which are made, conceived or first reduced
to practice by me (alone or with others) during my employment by the Company,
whether or not during normal working hours and whether or not while on the
Company's premises, or, to the-extent any such Inventions exist, which have been
made, conceived or first reduced to practice by me (alone or with others) prior
to my employment by the Company but in contemplation of such employment or the
possibility thereof, or which result from or are suggested by any of the work I
have performed or may perform for or on behalf of the Company at any time. In
addition to and without limiting the foregoing, I hereby specifically agree to
assign and do hereby assign to the Company my entire right, title and interest
throughout the world in and to all inventions, improvements, discoveries and
ideas (whether or not patentable) relating to the design, development and
manufacture of vehicles and components for electric and hybrid electric motor
vehicles (collectively the "Technology"), which are made, conceived or first
reduced to practice by me (alone or with others) during my employment by the
Company, whether or not during normal working hours and whether or not while on
the Company's premises, or, to the extent such Technology exists, which have
been made, conceived or first reduced to practice by me (alone or with others)
prior to my employment by the Company, or which result from or are suggested by
any of the work I have performed or may perform for or on behalf of the Company
at any time. (The term "Inventions" as used herein shall include the
Technology.) I further agree to assign and do hereby assign to the Company my
entire right, title and interest throughout the world in and under the
aforementioned Confidentiality Agreement and any other agreements relating to
the Technology or other Inventions. I agree to disclose any and all Inventions
promptly to the chief executive officer of the Company or his designee and to
document and cooperate in the documentation of any such Invention to the extent
the company reasonably requests. I will not assert any right with regard to any
Invention, whether or not I perfected or acquired such right prior to my
employment by the Company, except such Inventions as are particularly identified
on a schedule attached to this Agreement and executed by the Company and
me.

    
      
         

      

      
         

        
          

        

      

      
         

      

    

     

    2.   Patent and Other
Assistance.     I agree to do all things which the
Company determines are necessary or useful to apply for and/or obtain, extend or
improve Letters Patent in the United States and patent rights in such other
jurisdictions as the Company may determine, and otherwise to secure and protect
all rights in and to all Inventions (except Inventions particularly identified
on the aforesaid schedule), all at the Company's expense. I acknowledge that my
obligation in this regard will continue beyond the termination of my employment
for any reason, provided that the Company pays me reasonable compensation for my
time in addition to any out-of-pocket expenses for any such assistance after
termination of my employment.

     

    3.       
  Secrecy.    
I will not during my employment by the Company or thereafter at any time
disclose to others ar use for my own benefit any confidential information
pertaining to the Company or the business of the Company or any of its
customers, agents, representatives consultants licensor or licensees (the
"Proprietary Information"), except as may be necessary or otherwise authorized
in the course of performing my particular duties as an employee of the Company.
I acknowledge that the Proprietary Information may include (without limiting the
generality of the foregoing): business plans or projections, engineering
techniques, engineering plans and specifications, inventions, research plans and
projects, pricing policies, cost information, supplier and customer lists and
contracts, manufacturing techniques, applications and service policies,
financial and sales performance data, personnel information and personnel
policies, sales data, and any other information which has not been made public.
Information shall be deemed to have been made public if it has become generally
known in the automotive industry other than as a result of any breach by me of
any obligation to the Company.

     

    4.     
    Ownership of
Writings.     I agree that any and all writings
including, without limitation, notes, drawings, specifications, schematics,
marketing plans, financial plans, and studies and reports prepared, compiled or
acquired by me relating to any aspect of the Company or its business, products,
plans or proposals (in whatever medium) are and shall remain the exclusive
property of the Company. I further agree to take every reasonable step to
maintain the security and integrity of all of the foregoing. I agree that upon
termination of my employment with the Company for any reason, I will turn over
to the Company all property (including but not limited to the foregoing
writings) then in my possession or custody or subject to my control and
belonging to the Company (including, without limitation, any and all written
documentation and reproductions pertaining to the Proprietary
Information).

    
      
         

      

      
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    5.          Full-Time and Exclusive
Employment.    I acknowledge that my
employment by the Company will be on a full-time basis, and I agree not to
undertake any other employment (whether or not compensated) without the prior
written consent of the Company. In the event of termination of my employment,
the Company shall have the right for a one-year period thereafter to retain me
as a consultant, and I agree to be so retained and to render such consulting
services as are requested by the Company during such one-year period, except any
services which would interfere with the performance of my duties on behalf of my
primary employer. The Company shall pay for all such consulting services at a
reasonable rate of compensation to be agreed upon at such time.

     

    6.          Government
Secrecy.      I further agree that I will
observe
all statutes, and all rules and regulations of any United States
federal or local government agency, relating to the confidentiality
of classified information which may be disclosed or entrusted to me in
connection with any contract between the Company and the United States of
America or any agency thereof or any United States government contractor or
subcontractor.

     

    7.          Specific
Performance.     I recognize that irreparable injury
would result to the Company and its business and property in the event of any
breach of this Agreement by me and, therefore, I agree that in the event of any
such breach the Company will be entitled, in addition to any other available
remedies (including, without limitation, recovery of monetary damages and/or
termination of employment) to obtain an injunction or other order to enforce the
terms of this Agreement and to restrain the continuation or repetition of such
breach or any similar breach.

     

    8.          General
Applicability.     This Agreement shall also apply to
any consulting arrangement I may enter into with the Company. All references
herein to my employment shall mean and include any such consulting
arrangement.

     

    9.          Noncompetition.    
As used in this Section 9:

     

    A. "Conf1icting Product" means any
product, process, machine or service of any person or organization other than
the Company, in existence or under development, which resembles or competes with
a product, process, machine or service of the Company or whose use or
marketability would be enhanced by application to it of Proprietary
Information.

    
      
         

      

      
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    B. "Conflicting
Organization" means any person or organization which is engaged in, or
about to become engaged in, anywhere in North America, research in or
development, production, marketing or
selling of a Conflicting Product, or which is engaged in, or about to become
engaged in, the transfer of technology or products, directly or indirectly, to
any such person or organization.

     

    During
the period of my employment and for two (2) years thereafter I will not render
services directly or indirectly to any Conflicting Organization, except that
after termination of such employment I may accept employment with a Conflicting
Organization whose business is diversified and which is, as to that part of its
business in which I accept employment, not a Conflicting Organization; provided
that, prior to my accepting such employment, the Company shall have received
from me (i) written assurance satisfactory to the Company that I shall not
render services, directly or indirectly, in connection with any Conflicting
Product during such two-year period and (ii) written acknowledgement from such
Conflicting Organization that they are aware of this Agreement and that they
acknowledge my obligations hereunder.

     

    10.        Miscellaneous.    
 This Agreement is governed by the law of the Commonwealth of Virginia.
This Agreement may not be modified except by an instrument in writing executed
by the Company and me and no waiver of any provision hereof shall be effective
unless made in writing with specific reference to this Agreement. I agree that
it is our mutual intention that this Agreement be enforced as written, and I
believe such enforcement is fair and appropriate in light of my position with
the Company. However, if any provision hereof is determined to be invalid or
unenforceable to any extent in any circumstances, such determination shall not
affect the validity or enforceability of any other provision or of this
Agreement as a whole, or of the same provision to any other extent or under any
other circumstances. Any court may therefore limit my obligations under this
Agreement to the extent it deems necessary to make this Agreement, as modified,
enforceable to the greatest extent possible, and this Agreement, as so modified,
shall remain enforceable. I ACKNOWLEDGE HAVING READ, EXECUTED AND RECEIVED A
COPY OF THIS AGREEMENT and agree that this Agreement sets forth the entire
understanding and agreement with the Company relating to the subject matter
hereof, and may not be amended or modified except by a writing executed by
myself and an authorized representative of the Company. This Agreement shall
inure to the benefit of the successors and assigns of the Company and shall be
binding upon my heirs, assigns, administrators and
representatives.

    
      
         

      

      
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    IN
WITNESS WHEREOF, I have set my hand hereto, and this Agreement
shall be an agreement made under seal, as of this 1st
day
of  November, 1995.

    

    
      
        
          	
                  /s/
      Joel Jermakian

                
	
                  [Employee]

                

        

      

    

     

    ACCEPTED
AND AGREED:

     

    NEW
GENERATION MOTORS CORPORATION

     

    
      
        
          
            	
                    By

                  	/s/
      Nabih E. Bedewi
	 
      	
                    Nabih
      E. Bedewi,
President

                  

          

        

      

    

     

    
      
         

      

      
        5OPTION
AGREEMENT

     

    This
Option Agreement (this "Agreement") is made as of this ___ day of November, 2009
by Eric Takamura (the “Grantor”) to _______ (the “Grantee”).

     

    RECITALS

    

    WHEREAS,
in consideration for the payment of $250, the Grantor has agreed to issue to the
Grantee this option to purchase ______ shares of NuGen Mobility, Inc. (the
“Company”) on the terms and conditions set forth in this Agreement;
and

    

    NOW
THEREFORE, in consideration of the above premises and the mutual
representations, warranties, covenants and agreements hereinafter set forth and
for other good and valuable consideration, the receipt and sufficiency of which
is hereby acknowledged, the parties agree as follows:

    

    1.           Grant of
Option.  For the payment of $250 being made simultaneous with
the execution and delivery of this Agreement, and other good and valuable
consideration, the receipt and sufficiency of which are hereby acknowledged, the
Grantor hereby irrevocably grants the Grantee the option (the "Option") to
purchase all, or any portion of, _____ shares of the Company (the “Shares”) on
the terms and conditions set forth in this Agreement.

     

    2.           Term of the
Option.  The period during which the Option may be exercised
(the "Option Period") shall commence on the date hereof and end eighteen months
from the date hereof (the "Option Expiration Date").

     

    3.           Purchase
Price.  The purchase price for the Shares (the "Option Purchase
Price") upon exercise of the Option shall be $0.50 per Share.

     

    4.           Exercise of the
Option.  The Option may be exercised in whole or in part at any
time during the Option Period.  If the Grantee shall desire to
exercise the Option, then, on or before the Option Expiration Date, the Grantee
shall deliver to the Grantor an irrevocable written notice (the "Option Notice")
of its exercise of the Option, which notice shall specify the location, date and
time of the closing of the exercise of the Option (the "Option
Closing").

     

    5.           Deliveries at Option
Closing. At the Option Closing, the Grantee shall deliver to the Grantor
the Option Purchase Price. Within twenty business days thereof, the Grantor
shall ensure that the Company shall deliver stock certificates evidencing the
Shares purchased, in proper form for transfer with all required transfer tax
stamps affixed.

     

    6.           Representations and
Warranties of the Grantor.  The Grantor represents, warrants
and covenants to the Grantee that:

     

    6.1           Authority.  The
Grantor has all requisite power and authority to execute, deliver and perform
his obligations under this Agreement and has taken all action necessary in order
to execute and deliver this Agreement.  This Agreement has been duly
executed and delivered by the Grantor and constitutes the valid and binding
obligation of the Grantor, enforceable against it in accordance with its
terms.

     

    6.2           Absence of Conflict.
Neither the execution and delivery of this Agreement by Grantor nor the
consummation of the transactions contemplated hereby will (i) violate, conflict
with, result in a breach or termination of, constitute a default under or give
rise to a right to terminate, amend, cancel or accelerate (or an event which,
with notice or lapse of time or both, would constitute the same) (1) any
agreement, commitment, note, bond, deed of trust, indenture, lease, mortgage or
other instrument to which Grantor is a party or by which any of his properties
or assets is bound, or (2) any law, order of a governmental authority or any
other restriction of any kind or character applicable to Grantor or any of his
properties or assets.

    
      
         

      

      
        
        

        
          

        

      

      
         

      

    

    6.3           Consents.  No
consent, waiver, registration, certificate, approval, grant, franchise,
concession, permit, license, exception or authorization of, or declaration or
filing with, or notice or report to, (i) any governmental authority or (ii) any
other person (including, but not limited to, any party to a contract or other
agreement or commitment of Company), is required in connection with the
execution, delivery and performance of this Agreement.

     

    7.           Representations and
Warranties of the Grantee.  The Grantee represents, warrants
and covenants to the Grantor that:

     

    7.1 The
Grantee has such knowledge, sophistication and experience in business and
financial matters as to be capable of evaluating the merits and risk of the
prospective acquisition of the Option and the Shares and can bear the economic
risk of such investment, and that if he exercises the Option, he will be
purchasing the Shares for his own account and not with a view to the
distribution thereof or with any present intention of distributing or selling
any of such stock except in compliance with the Securities Act of 1933, as
amended (the “Securities Act”), and applicable state securities
laws.

     

    7.2 The
Grantee understands and agrees that the offer and sale of the Option and the
Shares have not been registered under the Securities Act and may be resold only
if registered pursuant to the provisions thereunder and applicable state
securities laws or if an exemption from registration is
available.  The issuance of the Option and the other transactions
contemplated herein are exempt from the registration requirements of the
Securities Act.

     

    7.3 The
Grantee is an “Accredited Investor” as such term is defined in Rule 501(a)(1-8)
of Regulation D promulgated under the Securities Act.

     

    7.4 The
Grantee is capable of evaluating the merits and risks of investing in the Option
and the Shares

     

    7.5 The
Grantee has a pre-existing personal or business relationship with the Company,
one of the Company’s officers, or one of the Company’s
affiliates.  The Grantee is not subscribing for the Option because of
or following any advertisement, article, notice or other communication published
in any newspaper, magazine or similar media or broadcast over television or
radio, or presented at any seminar or meeting, or any solicitation by a person
other than an authorized representative of the Company.

     

    7.6 The
Grantee is not relying on the Grantor, the Company with respect to any legal,
investment or tax considerations involved in the purchase, ownership and
disposition of the Option or the Shares. The Grantee has relied solely on the
advice of, or has consulted with, in regard to the legal, investment and tax
considerations involved in the purchase, ownership and disposition of the Option
and the Shares, the Grantee’s own legal counsel, business and/or investment
adviser, accountant and tax adviser.

     

    7.7 If
the Grantee is a corporation, partnership, trust or other entity: (i) it is
authorized and qualified to purchase this Option; (ii) the person signing this
Agreement on behalf of such entity has been duly authorized by such entity to do
so; and (iii) such entity was not organized or reorganized for the specific
purpose of acquiring the Option.

    
      
         

      

      
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    8.           Amendments.  This
Agreement may not be changed orally, but only by an agreement in writing and
signed by the party against whom enforcement of any waiver, change, modification
or discharge is sought.

     

    9.           GOVERNING LAW; JURISDICTION;
WAIVER OF JURY TRIAL.  THIS AGREEMENT SHALL BE DEEMED TO BE A
CONTRACT MADE UNDER THE LAWS OF THE STATE OF DELAWARE AND SHALL BE GOVERNED BY
AND CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE STATE OF DELAWARE. BOTH PARTIES
HEREBY IRREVOCABLY AND UNCONDITIONALLY SUBMITS, FOR ITSELF AND ITS RESPECTIVE
PROPERTY, TO THE NONEXCLUSIVE JURISDICTION OF THE SUPREME COURT OF THE STATE OF
DELAWARE SITTING IN DELAWARE AND OF THE UNITED STATES DISTRICT COURT OF
DELAWARE, AND ANY APPELLATE COURT FROM ANY THEREOF, IN ANY ACTION OR PROCEEDING
ARISING OUT OF OR RELATING TO THIS AGREEMENT, OR FOR RECOGNITION OR ENFORCEMENT
OF ANY JUDGMENT, AND EACH OF THE PARTIES HERETO HEREBY IRREVOCABLY AND
UNCONDITIONALLY AGREES THAT ALL CLAIMS IN RESPECT OF ANY SUCH ACTION OR
PROCEEDING MAY BE HEARD AND DETERMINED IN SUCH STATE OR, TO THE EXTENT PERMITTED
BY LAW, IN SUCH FEDERAL COURT. NOTHING IN THIS AGREEMENT OR ANY OTHER RELATED
DOCUMENT WILL AFFECT THE RIGHT OF ANY PARTY TO THIS NOTE TO SERVE PROCESS IN ANY
OTHER MANNER PERMITTED BY LAW. COMPANY HEREBY WAIVES THE RIGHT TO TRIAL BY JURY
IN ANY ACTION OR PROCEEDING FOR THE ENFORCEMENT OF THIS AGREEMENT.

     

    10.         Notices.  All
notices and communications shall be in writing and shall be delivered by hand or
overnight courier service, mailed by certified or registered mail or sent by
telecopy, as provided in the Subscription Agreement.

     

    11.         Successors and
Assigns.  This Agreement shall be binding upon and inure to the
benefit of the parties hereto, and their respective successors and assigns and
heirs and personal representatives in the case of the Grantor.  This
Agreement and the rights granted hereto are not assignable.

     

    12.         Severability.  In
the event that any provision of this Agreement becomes or is declared by a court
of competent jurisdiction to be illegal, unenforceable or void, this Agreement
will continue in full force and effect without said provision and the parties
agree to replace such provision with a valid and enforceable provision that will
achieve, to the extent possible, the economic, business and other purposes of
such provisions; provided,
however, that no such severability will be effective against a party if
it materially and adversely changes the economic benefits of this Agreement to
such party.

     

    13.         Further
Assurances.  The parties shall each cooperate and use (or cause
its agents to use) its best efforts to promptly take or cause to be taken all
necessary actions, and do or cause to be done all things necessary, proper or
advisable under this Agreement and applicable laws to consummate and make
effective all transactions contemplated by this Agreement as soon as practicable
following the request of the party.

    
      
         

      

      
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    IN
WITNESS WHEREOF, the parties hereto have executed this Agreement on the date
first set forth above.

     

    
      
        	
                [name
      of Subscriber]

              
	 
      
	
                By:

              	
                   

              
	
                Name:

              	 
      
	
                Title:

              	 
      
	 
      	 
      
	
                   

              
	
                Eric
      Takamura

              

      

    

    
      
         

      

      
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