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empagrmt.htm

  

  

  

EMPLOYMENT AGREEMENT

This Employment Agreement this “Agreement”) is made this _____ day of _________, 2010, by and between NYTEX Energy Holdings, Inc., a Delaware Corporation (“Company”), and Kenneth K. Conte (“Executive”),

WHEREAS, the Company, which for the purposes of this Agreement shall mean NYTEX Energy Holdings, Inc, and all of its subsidiaries whether or not wholly-owned, wishes to employ Executive and Executive desires to be employed by the Company, as Vice-President and Chief Financial Officer of the Company upon the terms and conditions set forth herein;

WHEREAS, the Company and its subsidiaries are engaged in the business of oil and gas production and products and services related thereto (the “Business”).

NOW, THEREFORE, in consideration of the foregoing and the mutual covenants and promises in this Agreement and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the Company and Executive agree as follows:

1.           Employment.  The Company agrees to employ Executive and Executive agrees to be employed by the Company upon the terms and conditions of this Agreement,

2.           Term of Employment: The term of Executive’s employment under this Agreement (the “Employment Term”) will commence on the date of this Agreement and, unless earlier terminated in accordance with Section 10 below, will continue for two years, ending on the second anniversary of the date of this Agreement (the “Initial Term”). At the end of the Initial Term, the Employment Term will automatically be extended for successive one-year periods (each an “Extended Term”) unless either party elects not to renew this Agreement by giving written notice of such election at least sixty days prior to the scheduled expiration of the Initial Term or then-current Extended Term, as applicable.

3.           Position and Responsibilities. Executive will be employed as “Vice-President” and “Chief Financial Officer” of the Company and will perform the duties of Vice-President and Chief Financial Officer as described in the Company’s Bylaws and such other executive duties for the Company and/or its subsidiaries as the Company’s Board of Directors may prescribe from time to time.

4.           Commitment. During the Employment Term, Executive shall devote substantially all of his business time, attention, skill, and efforts to the faithful performance of his duties herein. Nothing herein shall preclude Executive from making passive investments which do not interfere with Executive’s responsibilities to the Company and its subsidiaries. In addition, with the prior written approval of the Company’s Board of Directors, Executive may engage in more active investments or business ventures so long as such investments and ventures do not conflict or interfere with Executive’s obligations to the Company and its subsidiaries as provided in this Agreement.

5.           Compensation.  The following shall constitute Executive’s “Compensation”

  

  

  

hereunder:

(a)           Base Salary: During the Employment Term, the Company will pay Executive an initial base salary (the “Base Salary”) of $150,000 per year payable in accordance with the Company’s then-current executive salary payment practice.  Such Base Salary may be reviewed during the Employment Period in the sole discretion of the Company’s Board of Directors, and shall not be decreased without the prior written consent of Executive.

(b)           Incentive Compensation. Executive will be eligible for, but is not guaranteed to receive, additional compensation (“Incentive Compensation”) as determined from time to time by the Company’s Board of Directors in its sole discretion.

(c)           Insurance And Benefits. Executive will be entitled to participate in any group life and medical insurance plans, profit-sharing and similar plans, stock option plans and other fringe benefits, if and when such fringe benefits are made available to other of its senior executive officers, in accordance with the terms of such plans.

(d)           Withholding. All compensation payable to Executive under this Agreement is stated in gross amount and to the extent required by law will be subject to all applicable withholding taxes, other normal payroll deductions, and any other amounts required by law to be withheld.

(e)           Expenses. The Company, in accordance with its then-current policies, will pay or reimburse Executive for the expenses (including travel and entertainment expenses) reasonably incurred by Executive during the Employment Term in connection with the performance of Executive’s duties under this Agreement, provided that Executive must provide to the Company documentation of the expenses for which Executive seeks reimbursement.

(f)           Vacation and Holidays. Executive will be entitled to receive paid vacation and paid holidays in accordance with then-current Company policy.

(g)           Location of Employment. Executive will be entitled to perform his duties under this Agreement at the Company’s corporate offices or such location(s) that the Company and Executive determine to be in the best interests of the Company,

6.           Trade Secret Protection.

    (a)           In the course of his relationship with the Company, Executive understands and acknowledges that he will have access to confidential information, technical or non-technical data, formulae, patterns, compilations, programs, devices, methods, techniques, drawings, processes, financial data, lists of actual or potential customers or supplies, records, specifications, and other knowledge owned by the Company, business methods, plans, policies and/or personnel of the Company, all of which constitutes the trade secrets and proprietary information of the Company (hereinafter, “trade secrets”).  Executive agrees that at no time during or after his relationship with the Company shall the Executive remove or caused to be removed from the premises of the Company any record, file, memorandum, document,

  

  

  

equipment or like item, relating to the business of the Company or its trade secrets except in, furtherance of his duties to the Company, and, immediately following the termination of Executive’s relationship with the Company or at any other time at the request of the Company or any person authorized thereby, all such records, files, memoranda, documents, equipment or trade secrets then in Executive’s possession shall promptly be returned to the Company,

(b)           Executive further agrees that, during and after his relationship with the Company, he shall not without the prior written approval of the Company or any person authorized thereby, disclose to any person, other than those specifically authorized by the Company or any person authorized thereby and to whom such disclosure is reasonably necessary or appropriate in connection with the performance by him of his duties to the Company, any trade secrets obtained by him during or in furtherance of his relationship with the Company, whether or not he knows or has reason to believe will be damaging to the Company; provided, however, that the above shall not preclude disclosure of any information which is generally known to the public (other than as a direct or indirect result of unauthorized disclosure by the Executive or others similarly situated).

7.           Non-Competition.

(a)           Executive agrees that so long as he is an employee of the Company and for a period of three (3) years thereafter, he shall not, directly or indirectly, through any Company, partnership, company or any other person or entity:

(i)           compete directly or indirectly in any manner whatsoever within a one hundred mile radius around the outside boundaries of either leasehold and fee acreage held by the Company or those counties and/or parishes in which the Company conducts oilfield service operations or holds in excess of 5% ownership interests in entities and properties operated by other entities;

(ii)           solicit, entice, persuade or induce any individual who is then or has been within the preceding three-month period an employee, officer, director, shareholder or consultant to the Company to terminate his or her employment with the Company or to become employed by or enter into contractual relations with any other individual or entity, and Executive shall not approach any such person for any purpose or authorize or knowingly approve the taking of any such actions by any other individual or entity;

(iii)           solicit, entice, persuade or induce any individual or entity which is then or has within the preceding twelve-month period been a client, partner, customer or supplier of the Company to terminate its contractual or other relationship with the Company, and Executive shall not approach any such client, partner, customer or supplier for such purpose or authorize or knowingly approve the taking of any such actions by any other individual or entity; or

(iv)           solicit, entice, persuade or induce any employee, officer, director, shareholder or consultant to the Company to engage in any activity which, were it done by Executive, would violate any provision of this Agreement,

  

  

  

(b)           Executive acknowledges that bemuse of the nature of the Company’s business and operations that the geographical restrictions contained in this Agreement and the restrictions as to specific clients or customers or prospective clients or customers are fair and reasonable.

(c)           Executive agrees that prior to the commencement of any employment or business relationship with a new employer or associate in a business similar to that of the Company, it will furnish the new employer or associate, as the case may be, with a copy of this Agreement. Executive also agrees that the Company may advise any new or prospective employer or associate of the Executive of the existence and the terms of this Agreement and furnish a copy thereof to said employer or associate.

8.           Equitable Remedies.

(a)           Executive acknowledges and agrees that the agreements and covenants set forth in Sections 6 and 7 are reasonable and necessary for the protection of the Business and other interests, that irreparable injury will result to the Company if Executive breaches any of the terms of said covenants, and that in the event of Executive’s actual or threatened breach of any such covenants, the Company will have no adequate remedy at law.  Executive accordingly agrees that, in the event of any actual or threatened breach by him or any of said covenants, the Company will be entitled to immediate injunctive and other equitable relief, without bond and without the necessity of showing actual monetary damages. Nothing in this Section 8 will be construed as prohibiting the Company from pursuing any other remedies available to it for such breach or threatened breach, including the recovery of any damages that it is able to prove.

(b)           Each of the covenants in Sections 6 and 7 shall be construed as independent of any other covenants or other provisions of this Agreement.

(c) In the event of any judicial determination that any of the covenants in Sections 6 and 7 are not fully enforceable, it is the intention and desire of the parties that the court treat said covenants as having been modified to the extent deemed necessary by the court to render them reasonable and enforceable, and that the court enforce them to such extent.

9.  Termination.

(a)           If there has been a material breach of this Agreement by Executive, the Company may terminate the Employment Term upon fifteen days’ prior written notice to Executive issued upon approval of the Company’s Board of Directors, Executive for this purpose not being considered a member of the Board, Executive shall have the right to cure any such breach within such fifteen-day period.  Any uncured material bread shall be considered “cause” hereunder. Upon expiration of such notice period, the Employment Term will immediately end and Executive will not be entitled to receive any further compensation (whether described in Section 5 or otherwise) other than accrued but unpaid Base Salary and any vested stock options, Without limiting the generality of the foregoing, any breach by Executive of any of his obligations under Sections 6 and 7 will he deemed a material breach of this Agreement that is incapable of being cured.

  

  

  

(b)           Any of the following events will also be deemed a material breach of this Agreement:

(i)           Executive’s continued and deliberate neglect of, willful misconduct in connection with the performance of, of refusal to perform his duties in accordance with, Section 3 of this Agreement;

(ii)           Executive’s failure to devote his full business time to the Company’s business in accordance with Section 4 of this Agreement;

(iii)           such willful misconduct on the part of Executive that causes or is likely to cause a material financial injury to the Company, including, without limitation, embezzlement of Company funds or theft or misappropriation of the Company’s property; or

(iv) Executive’s conviction of a felony class crime.

(c)           Without cause, the Company may terminate this agreement at any time upon ten days’ written notice to the Executive. At the Company request, the Executive will continue to perform his duties and may be paid his regular salary up to the date of termination. In addition, the Company will pay the Executive a severance allowance equal to the remaining base salary compensation owed through the end of the Term or Extended Term as established in Section 2 less taxes and Social Security required to be withheld. At the Company’s discretion, it can pay the severance allowance in a single payment within ten days’ of the Executive’s termination date or in installments equal to the then-current executive salary payment practice.

(d)           The Employment Term will terminate upon the death or disability of Executive. Disability of Executive will be deemed to have occurred whenever Executive has suffered physical or mental illness, injury, or infirmity that prevents Executive from fulfilling his duties under this Agreement for 30 consecutive days and the Company determines in good faith that such illness or other disability is likely to continue for at least the next following 60 days.

11.           General Provisions.

(a)           Amendment.  This Agreement may not be modified or amended except by an instrument in writing signed by the parties. No term or condition of this Agreement will be deemed to have been waived, except by written instrument of the party charged with such waiver. No such written waiver will be deemed to be a continuing waiver unless specifically stated therein, and each such waiver will operate only as to the specific term or condition waived and shall not constitute a waiver of such term or condition for the future or as to any act other than that specifically waived.

(b)           Applicable Law.  This Agreement shall be construed according to the laws of the State of Texas, in furtherance thereof, the Company shall have all legal and equitable remedies provided by any Texas statute dealing with Trade Secrets and the common law. It is expressly agreed that, notwithstanding such applicable law, the United States Copyright Act shall be

  

  

  

deemed equally applicable to any breach of the terms of this Agreement by the Executive, Executive thereby waiving any claim of preemption of state law by said Act.

(c)           Enforceability.  The invalidity or, unenforceability of any particular provision or provisions of this Agreement shall not affect or impair the other provisions herein and this Agreement shall be construed in all respects as if such invalid or unenforceable provision or provisions were omitted.

(d)           This Agreement shall inure to the benefit of and be binding upon the Company, its subsidiaries, affiliates, successors and assigns, including without limitation, any person, partnership or other entity which may acquire all or substantially all of the Company’s assets or business, or with or into which the Company may be consolidated or merged, and shall be binding upon the Executive, his successors, assigns, executors and personal representatives, except that this Agreement may not be assigned by the Executive without the prior written consent of the Company.

(c) Notices.  All notices, consents, waivers, and other communications under this Agreement must be in writing and must be delivered (i) personally, (ii) by facsimile with confirmation of transmission by the transmitting equipment, or (iii) by certified or registered mail (postage prepaid, return receipt requested), and will be deemed given when so delivered personally or by facsimile, or if mailed, three (3) days after the date of mailing, to the addresses and facsimile numbers set forth below (or to such other addresses and facsimile numbers as a party may designate by notice to the other parties):

If to Executive:

Mr. Kenneth K. Conte

If to the Company:

NYTEX Energy Holdings, Inc.

12222 Merit Drive, Suite 1850

Dallas, Texas 75251

IN WITNESS WHEREOF, the parties have executed this Agreement on the day and year first above written.

NYTEX Energy Holdings, Inc.

By:  ________________________________                                   _________________________________________                           

President                                                                                     Executive

Attest:

 

 

__________________________________

                SecretaryExhibit 10.1

                             JOINT VENTURE AGREEMENT

     Joint  Venture  Agreement  made  this  29th day of  September,  2010 by and
between  Robert  Kavanaugh,   ("RK")  dba  Biotec  Foods,   ("BT"),  and  EClean
Acquisitions,  Corporation, ("EAC") a wholly owned subsidiary of Bio Clean, Inc.
("BOCL"),  a Nevada  corporation,  aka Global  NuTech,  Inc.,  individually  the
"Venturer" and collectively the "Joint Venturers".

     In consideration of the mutual terms,  conditions and covenants hereinafter
set forth, the Joint Venturers agree as follows:

PARTIES

1.1 The Venturers  hereby form a joint venture  ("JV"),  in the form of a Nevada
Limited Liability Corporation managed by Managers,  for the limited purposes and
scope set forth in this  Agreement,  as  amended  from time to time,  and by the
terms and  conditions  set forth herein,  by EAC, and RK, dba BT, are all of the
Venturers of the Joint Venture.

1.2 The  relationship  between  the  Joint  Venturers  shall be  limited  to the
performance of the terms and conditions of this Agreement.  Nothing herein shall
be construed to create a general partnership between the Joint Venturers,  or to
authorize any Venturer to act as a general  agent for another,  or to permit any
Venturer to bind another other than as set forth in this Agreement, or to borrow
money on behalf of another  Venturer,  or to use the credit of any  Venturer for
any purpose.

1.3  Neither  this  Agreement  nor any  interest  in the  Joint  Venture  may be
assigned, pledged, transferred or hypothecated without the prior written consent
of the Joint Venturers hereto.

JOINT VENTURE NAME

2. The name of the Joint Venture shall be as indicated in the Articles set forth
in  Attachment  A, or such other name or names as the Venturers may from time to
time select.

TERM

3. The term of this Joint  Venture  agreement  shall be ten years,  during which
each Joint  Venturer shall share 60% for BT and 40% for EAC in the equity of the
Joint Venture,  at which time the Venturers  agree that the joint Venture at the
option  of EAC will be  merged,  or  purchased  by parent  of EAC,  BOCL,  sold,
dissolved,  or renewed by Joint  Venturers for an agreed upon period of time. If
sold,  or  dissolved,  and the  earnings  and  assets  distributed  60/40 to the
Venturers  in  proportion  to their  respective  interests  after  all taxes and
liabilities have been paid.

4. The principal  place of business of the Joint Venture shall be at the present
offices of the  hereinafter  identified  manager of said Joint Venture,  or such
other place or places as the Venturers  may from time to time select.  The Joint
<PAGE>
Venturers  shall execute the  necessary  documents to register the Joint Venture
with the proper governmental  offices to do business in the State of Nevada, and
also to register in California and any other  jurisdiction  in which it conducts
regular business.

5. The limited purpose and the sole business of the Joint Venture shall be to
conduct business activities in the manner described in the business plan profile
attached  hereto as  Attachment  C. The Joint  Venture  may engage in such other
activities  related  either  directly or  indirectly  to the foregoing as may be
necessary,  advisable  or  convenient  to the  promotion or conduct of the Joint
Venture's  business,  but no other  business  shall be  conducted  by the  Joint
Venture without the prior written consent of the Venturers.

6. The Venture shall consist of contributions as set forth below:

     a.   RK, dba BT shall  purchase  Sixty percent (60%) of all the  authorized
          membership  interests  of  the  Joint  venture  as  a  Nevada  Limited
          Liability Corporation, in exchange for its contributing its product or
          products  to be sold along with (if  necessary)  selected  proprietary
          internet  rights,  trademarks,  client and vendor  database,  business
          expertise and relevant business  contacts and sources,  as well as its
          systems and procedures to conduct the subject business.

     b.   EAC as a  subsidiary  corporation  through its parent Bio Clean,  Inc.
          shall purchase  Forty percent (40%) of all the  authorized  membership
          interests  of  the  Joint  venture  as  a  Nevada  Limited   Liability
          Corporation,  in exchange for its  contribution  of restricted  common
          stock totaling Fifty million  (50,000,000)  shares of Bio Clean,  Inc.
          valued for the purposes of this contract as Two Hundred Fifty Thousand
          ($250,000) dollars.

 7.  The  profits  and  losses  of the  Joint  Venture  shall be  determined  in
accordance with good accounting  practices,  shared among the Joint Venturers as
set forth in Attachment B. Other than  Distributable Cash being distributed upon
the  termination of the Joint Venture,  Distributable  Cash of the Joint Venture
shall be  distributed  among the Venturers in accordance  with that formula more
specifically  set forth at Attachment B hereto.  At any time the Venturers  deem
appropriate,  the  Distributable  Cash or Gain shall be  calculated  and, if the
Venturers deem the same to be appropriate in their sole and absolute discretion,
all or any portion  thereof shall be  distributed to the Venturers as it becomes
available.   Notwithstanding   the  foregoing,   however,   no  Distribution  of
Distributable  Cash shall be made unless the  Venturers  determine in good faith
that such Distribution may be made or not made without materially  affecting the
ability of the each of the Joint Venturers to pay their  obligations  (including
contingent liabilities) as they fall due, and that such Distribution may be made
in accordance with applicable law, in a manner specified in Attachment B.

8. RK dba BT and EAC shall jointly appoint Robert Kavanaugh and William Anderson
as Managing  Directors  who shall appoint the Board of Directors and Officers of
the Joint  Venture,  and shall have entire  control and the sole  discretion for
management  and of the  conduct  of the  business  of the Joint  Venture  as the
"Venture Manager."

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<PAGE>
9. BANK ACCOUNTS.  All funds held under  management for the benefit of the Joint
Venture shall be deposited in the name of the Joint Venture Manager in such bank
account or accounts as shall be  determined by the Joint  Venture  Manager.  All
withdrawals  therefrom  shall be made upon checks  signed on behalf of the Joint
Venture by any person  authorized  by the  Venturers to sign checks on behalf of
the Joint Venture.

10. Management and Control;  Powers.  Except as otherwise expressly provided for
in this  Agreement,  Venturers  agree and appoint  Robert  Kavanaugh and William
Anderson both as Joint Venture Managers  (hereafter  "JVM") with  responsibility
for the  management and control of this contact and agreement  representing  the
Joint  Venture,  and which shall have  responsibility  for and be  obligated  to
conduct the day-to-day management and operation of the Joint Venture Business in
fulfilling the duties and obligations of the Venturers to each other  hereunder.
The JVM shall be solely  responsible  for the complete and exclusive  day-to-day
management,  operation and control of the Joint Venture Business, and shall have
all of the  rights and  powers  which are  necessary,  advisable  or  convenient
therefore, including without limitation the authority to act for or on behalf of
the best interest of this Joint  Venture,  in making  decisions  concerning  the
Joint Venture Business.

11. As  compensation  for its  services  the Venture  Manager  shall be paid per
Attachment  E during the duration of the Joint  Venture and shall be  reimbursed
for all reasonable expenses incurred in the performance of its duties as Venture
Manager.

12.  Each  Joint  Venturer  shall be bound by any  action  taken by the  Venture
Manager in good faith under this Agreement. In no event shall any Joint Venturer
as Shareholders of the joint Venture be called upon to pay any amount beyond the
liability of that as a Shareholder under applicable Nevada law.

13. The  Venture  Manger  shall not be liable for any error in  judgment  or any
mistake  of law or fact or any act  done in good  faith in the  exercise  of the
power and authority as Venture Manager but shall be liable for gross  negligence
or willful default.

14. This Agreement  shall be governed by and  interpreted  under the laws of the
State of Nevada.  Any  controversy  or claim  arising out of or relating to this
Agreement,  or the breach thereof, shall be settled by arbitration in accordance
with the Commercial Arbitration Rules of the American Arbitration Association in
Clark County,  Nevada, and judgment upon the award rendered by the arbitrator(s)
may be entered in any court having jurisdiction thereof.

15. Any and all notices to be given pursuant to or under this Agreement shall be
sent to the party to whom the notice is addressed at the address of the Venturer
maintained by the Joint Venture and shall be sent Certified Mail, Return Receipt
Requested.

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<PAGE>
16. This Agreement  constitutes the entire agreement between the Joint Venturers
pertaining to the subject  matter  contained in it, and supersedes all prior and
contemporaneous  agreements,  representations,  warranties and understandings of
the parties. No supplement, modification or amendment of this Agreement shall be
binding unless executed in writing by all the parties  hereto.  No waiver of any
of the  provisions of this Agreement  shall be deemed,  or shall  constitute,  a
waiver of any other  provision,  whether  similar or not similar,  nor shall any
waiver  constitute a  continuing  waiver.  No waiver shall be binding  unless in
writing signed by the party making the waiver.

     The parties hereto, intending to be bound, have signed this Agreement as of
the date and year first above written.

                           ROBERT KANANAUGH DBA BIOTEC FOODS

                           BY: /s/ Robert Kavanaugh
                              ----------------------------------------
                              Robert Kavanaugh

                           ECLEAN ACQUISITIONS, CORPORATION

                           By: /s/ E. G. Marchi
                              ----------------------------------------
                              E. G. Marchi

                                       4

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