Document:

Exhibit 10.01 

 

 

AMENDMENT NO. 1

TO

EMPLOYMENT AGREEMENT

 

This AMENDMENT NO. 1
TO EMPLOYMENT AGREEMENT is effective as of June 1, 2013 by and between ENSERVCO CORPORATION, a public Delaware corporation,
(the “Company”), and Michael D. Herman (“Herman”),
sometimes collectively referred to as the “Parties.”

 

WITNESSETH

 

WHEREAS, the Company
entered into an employment agreement with Herman on July 27, 2010 (the “Agreement”); and

 

WHEREAS, at a meeting
of the Board of Directors on May 29, 2013, certain terms of the Agreement were amended at the direction of the Company’s
Board of Directors and the Parties wish to memorialize those amendments as set forth herein.

 

NOW, THEREFORE, in consideration
of the conditions and covenants set forth, it is agreed that the Agreement be and hereby is amended, effective as June 1, 2013,
so that:

 

		A.	Paragraph 2
                                                                                                                                            (“Terms of Employment”) reads as follows:

 

		1.	Term of Employment. Executive’s
term of employment under this Agreement will commence on July 27, 2010 and continue until June 30, 2015 (the “End Date”),
and on a year-to-year basis thereafter ending each June 30th thereafter (the “Term”), unless: (i) the Company
provides the Executive with a notice of non-renewal not less than 60 days before the last day of the then-current Term (as then
effective); or (ii) the Agreement is otherwise terminated as described in Section 5 thereof.

		B.	Except
                                                                                                                                     as
                                                                                                                                     specifically
                                                                                                                                     amended
                                                                                                                                     hereby
                                                                                                                                     the
                                                                                                                                     Agreement
                                                                                                                                     remains
                                                                                                                                     in
                                                                                                                                     full
                                                                                                                                     force
                                                                                                                                     and
                                                                                                                                     effect.

 

 

 

 

[Remainder of Page Intentionally Left Blank]

 

 

 

 

 

 

	Employment Agreement Amend - Herman	Page 1

 

 

 

    	 

    	 

    

 

 

IN WITNESS WHEREOF, the
Parties have executed this Amendment to be effective as stated above.

 

ENSERVCO CORPORATION

 

 

By: /s/ Rick D. Kasch

Rick D. Kasch, President

 

Date: May 29, 2013

 

 

EXECUTIVE

 

 

By: /s/ Michael D. Herman

Michael D. Herman

 

Date: May 29, 2013

 

 

 

 

 

 

 

 

 

 

	Employment Agreement Amend - Herman	Page 2Exhibit
10.02

 

AMENDMENT
NO. 2

TO

EMPLOYMENT
AGREEMENT 

 

 

This
AMENDMENT NO. 2 TO EMPLOYMENT AGREEMENT is effective as of June 1, 2013, by and between ENSERVCO CORPORATION, a public
Delaware corporation, (the “Company”), and RICK D. KASCH (“Kasch”), sometimes collectively referred
to as the “Parties.”

 

WITNESSETH

 

WHEREAS,
the Company entered into an employment agreement with Kasch on July 27, 2010, which was amended on July 19, 2011, (the “Agreement”);
and

 

WHEREAS,
at a meeting of the Board of Directors on May 29, 2013, certain terms of the Agreement were amended at the direction of the Company’s
Board of Directors and the Parties wish to memorialize those amendments as set forth herein.

 

NOW,
THEREFORE, in consideration of the conditions and covenants set forth, it is agreed that the Agreement be and hereby is amended,
effective as of June 1, 2013, so that:

 

 

		A.	Paragraph
                                                                                                                                            1 (“Employment”) reads as follows:

		1.	Employment.
                                                                                                                                 Subject
                                                                                                                                 to
                                                                                                                                 the
                                                                                                                                 terms
                                                                                                                                 and
                                                                                                                                 conditions
                                                                                                                                 of
                                                                                                                                 this
                                                                                                                                 Agreement,
                                                                                                                                 the
                                                                                                                                 Company
                                                                                                                                 and
                                                                                                                                 Executive
                                                                                                                                 agree
                                                                                                                                 to
                                                                                                                                 enter
                                                                                                                                 into
                                                                                                                                 an
                                                                                                                                 employment
                                                                                                                                 relationship
                                                                                                                                 whereby
                                                                                                                                 Executive
                                                                                                                                 will
                                                                                                                                 serve
                                                                                                                                 as
                                                                                                                                 the
                                                                                                                                 Company’s
                                                                                                                                 President.
                                                                                                                                 Executive
                                                                                                                                 will
                                                                                                                                 report
                                                                                                                                 to
                                                                                                                                 the
                                                                                                                                 Company’s
                                                                                                                                 Chief
                                                                                                                                 Executive
                                                                                                                                 Officer.
                                                                                                                                 Executive
                                                                                                                                 will
                                                                                                                                 have
                                                                                                                                 such
                                                                                                                                 responsibilities
                                                                                                                                 and
                                                                                                                                 authority
                                                                                                                                 as
                                                                                                                                 are
                                                                                                                                 consistent
                                                                                                                                 with
                                                                                                                                 the
                                                                                                                                 offices
                                                                                                                                 of
                                                                                                                                 President
                                                                                                                                 and
                                                                                                                                 as
                                                                                                                                 may
                                                                                                                                 be
                                                                                                                                 determined
                                                                                                                                 from
                                                                                                                                 time
                                                                                                                                 to
                                                                                                                                 time
                                                                                                                                 by
                                                                                                                                 the
                                                                                                                                 Company’s
                                                                                                                                 Chief
                                                                                                                                 Executive
                                                                                                                                 Officer.
                                                                                                                                 Executive
                                                                                                                                 is
                                                                                                                                 not
                                                                                                                                 required
                                                                                                                                 to
                                                                                                                                 devote
                                                                                                                                 all
                                                                                                                                 of
                                                                                                                                 his
                                                                                                                                 working
                                                                                                                                 time
                                                                                                                                 and
                                                                                                                                 efforts
                                                                                                                                 to
                                                                                                                                 the
                                                                                                                                 performance
                                                                                                                                 of
                                                                                                                                 services
                                                                                                                                 for
                                                                                                                                 the
                                                                                                                                 Company.
                                                                                                                                 However,
                                                                                                                                 all
                                                                                                                                 Company
                                                                                                                                 performance
                                                                                                                                 will
                                                                                                                                 be
                                                                                                                                 to
                                                                                                                                 the
                                                                                                                                 best
                                                                                                                                 of
                                                                                                                                 Executive’s
                                                                                                                                 ability.

 

		B.	Paragraph 2
                                                                                                                                            (“Terms of Employment”) reads as follows:

 

		2.	Term
                                                                                                                                 of
                                                                                                                                 Employment.
                                                                                                                                 Executive’s
                                                                                                                                 term
                                                                                                                                 of
                                                                                                                                 employment
                                                                                                                                 under
                                                                                                                                 this
                                                                                                                                 Agreement
                                                                                                                                 will
                                                                                                                                 commence
                                                                                                                                 on
                                                                                                                                 July
                                                                                                                                 27,
                                                                                                                                 2010
                                                                                                                                 and
                                                                                                                                 continue
                                                                                                                                 until
                                                                                                                                 June
                                                                                                                                 30,
                                                                                                                                 2015
                                                                                                                                 (the
                                                                                                                                 “End
                                                                                                                                 Date”),
                                                                                                                                 and
                                                                                                                                 on
                                                                                                                                 a
                                                                                                                                 year-to-year
                                                                                                                                 basis
                                                                                                                                 thereafter
                                                                                                                                 ending
                                                                                                                                 each
                                                                                                                                 June
                                                                                                                                 30th
                                                                                                                                 thereafter
                                                                                                                                 (the
                                                                                                                                 “Term”),
                                                                                                                                 unless:
                                                                                                                                 (i)
                                                                                                                                 the
                                                                                                                                 Company
                                                                                                                                 provides
                                                                                                                                 the
                                                                                                                                 Executive
                                                                                                                                 with
                                                                                                                                 a
                                                                                                                                 notice
                                                                                                                                 of
                                                                                                                                 non-renewal
                                                                                                                                 not
                                                                                                                                 less
                                                                                                                                 than
                                                                                                                                 60
                                                                                                                                 days
                                                                                                                                 before
                                                                                                                                 the
                                                                                                                                 last
                                                                                                                                 day
                                                                                                                                 of
                                                                                                                                 the
                                                                                                                                 then-current
                                                                                                                                 Term
                                                                                                                                 (as
                                                                                                                                 then
                                                                                                                                 effective);
                                                                                                                                 or
                                                                                                                                 (ii)
                                                                                                                                 the
                                                                                                                                 Agreement
                                                                                                                                 is
                                                                                                                                 otherwise
                                                                                                                                 terminated
                                                                                                                                 as
                                                                                                                                 described
                                                                                                                                 in
                                                                                                                                 Section
                                                                                                                                 5
                                                                                                                                 thereof.

		C.	Except
as specifically amended hereby the Agreement remains in full force and effect.

 

 

 

 

	Employment Agreement Amend - Kasch	Page 1

 

 

 

 

    	 

    	 

    

 

 

IN
WITNESS WHEREOF, the Parties have executed this Amendment to be effective as stated above.

 

ENSERVCO
CORPORATION

 

 

By:
   /s/ Michael Herman

Michael
Herman, Chief Executive Officer

 

Date:
May 29, 2013

 

 

EXECUTIVE

 

 

By:
   /s/ Rick D. Kasch

Rick
D. Kasch

 

Date:
May 29, 2013

 

 

 

 

 

 

 

 

 

 

	Employment Agreement Amend - Kasch	Page 2

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