Document:

Exhibit
10.1

     

    December
22, 2009

     

    Mr.
Jeffrey D. Hoffman

    1503
Deerfield Place

    Highland
Park, IL 60035

    

    Re:           Separation
Agreement and Release

    

    Dear
Jeff:

    

    As you
know, your employment with Enable Holdings, Inc. (“the Company”) ended on
December 22, 2009.  The purpose of this Separation Agreement and
Release letter (“Agreement”), is to set forth the specific separation pay that
the Company will provide you in exchange for your agreement to the terms and
conditions of this Agreement.

    

    By your
signature below, you agree to the following terms and conditions:

    

    1.           End of
Employment.  Your employment with the Company ended effective
December 22, 2009.  Upon your receipt of your final paycheck, which
included payment for services through December 22, 2009, you will have received
all compensation owed to you by virtue of your employment with the Company or
termination thereof.  Upon your receipt of payment from the Company
you will have received all benefits owed to you by virtue of your employment
with the Company or termination thereof.  You are not eligible for any
other payments or benefits except for those expressly described in this
Agreement, provided that you sign, return and do not rescind this
Agreement.  The Company will send information to you regarding your
COBRA rights under separate cover.  If you have any questions
regarding COBRA coverage, please contact Elsa Rey directly at (630) 948-0394 or
CobraServe at (800) 488-8757.

    

    2.           Separation
Pay.  Specifically in
consideration of your signing this Agreement and subject to the limitations,
obligations, and other provisions contained in this Agreement, the Company
agrees to pay you $50,000.  Additionally, the Company agrees to pay
for your existing medical and dental insurance benefits for a period of three
months from the date of this Agreement.

    

    3.           Release of
Claims.  Specifically in consideration of the separation pay
described in Section 2, to which you would not otherwise be entitled, by signing
this Agreement you, for yourself and anyone who has or obtains legal rights or
claims through you, agree to the following:

     

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    a.           You
hereby do release, agree not to sue, and forever discharge the Company of and
from any and all manner of claims, demands, actions, causes of action,
administrative claims, liability, damages, claims for punitive or liquidated
damages, claims for attorney’s fees, costs and disbursements, individual or
class action claims, or demands of any kind whatsoever, you have or might have
against them or any of them, whether known or unknown, in law or equity,
contract or tort, arising out of or in connection with your employment with the
Company, or the termination of that employment, or otherwise, and however
originating or existing, from the beginning of time through the date of your
signing this Agreement.

    

    b.           This
release includes, without limiting the generality of the foregoing, any claims
you may have for wages, bonuses, commissions, penalties, compensation, deferred
compensation, vacation pay, other paid time off, separation benefits,
defamation, invasion of privacy, negligence, emotional distress, improper
discharge (based on contract, common law, or statute, including any federal,
state or local statute or ordinance prohibiting discrimination or retaliation in
employment), violation of the United States Constitution, the Illinois
Constitution, the Illinois Human Rights Act, Title VII of the Civil Rights Act,
42 U.S.C. § 2000e et seq., the Age
Discrimination in Employment Act, 29 U.S.C. §§ 621, et seq., the Americans with
Disabilities Act, 42 U.S.C. § 12101 et seq., the Employee
Retirement Income Security Act of 1974, 29 U.S.C. § 1001 et seq., the Family and
Medical Leave Act, 29 U.S.C. § 2601 et seq., any claim
arising under any local, state or federal ordinance, law or regulation, and any
claim for retaliation, harassment or discrimination based on sex, pregnancy,
race, color, creed, religion, age, national origin, marital status, sexual
orientation, disability, status with regard to public assistance, military
status or discharge or other protected class, or sexual or other
harassment.  You hereby waive any and all relief not provided for in
this Agreement.  You understand and agree that, by signing this
Agreement, you waive and release any past, present, or future claim to
employment with the Company and you agree not to seek employment with the
Company.

    

    c.           You
affirm that you have not caused or permitted, and to the full extent permitted
by law will not cause or permit to be filed, any charge, complaint, or action of
any nature or type against the Company, including but not limited to any action
or proceeding raising claims arising in tort or contract, or any claims arising
under federal, state, or local laws, including discrimination
laws.  If you file, or have filed on your behalf, a charge, complaint,
or action, you agree that the payment described above in Section 2 is in
complete satisfaction of any and all claims in connection with such charge,
complaint, or action.

    

    d.           You
are not, by signing this Agreement, releasing or waiving (1) any vested interest
you may have in any 401(k) or profit sharing plan by virtue of your employment
with the Company or (2) any rights or claims that may arise after the Agreement
is signed.

    

    e.           The
Company, as used in this Agreement, shall mean Enable Holdings, Inc. and its
parent, subsidiaries, divisions, affiliates, insurers, and its and their present
and former officers, directors, stockholders, trustees, employees, agents,
representatives, attorneys, and consultants, and the successors and assigns of
each, whether in their individual or official capacities, and the current and
former trustees or administrators of any pension or other benefit plan
applicable to the employees or former employees of the Company, in their
official and individual capacities.

    

    4.           Outstanding Stock Options
and Warrants.  As further consideration for the payment set
forth in Section 2 of this Agreement, you agree that upon receipt of the payment
described in Section 2, all outstanding stock options and warrants that are
currently outstanding in your name will immediately be canceled and
terminated.  In exchange for terminating and canceling all outstanding
stock options and warrants, the Company agrees to indemnify you against any
claim by Theodore Deikel for a personal loan guarantee in the event that Mr.
Deikel does not in fact release you from such guarantee.

    
      
         

      

      
         

        
          

        

      

      
         

      

    

     

    5.           Notice of Right to Consult
Attorney and Twenty-One (21) Day Consideration Period.  By
signing this Agreement, you acknowledge and agree that the Company has informed
you by this Agreement that (1) you have the right to consult with an attorney of
your choice prior to signing this Agreement, and (2) you are entitled to
twenty-one (21) days from the receipt of this Agreement to consider whether the
terms are acceptable to you.  The Company encourages you to use the
full 21-day period to consider this Agreement, but you have the right, if you
choose, to sign this Agreement prior to the expiration of the twenty-one (21)
day period.

    

    6.           Notification of Rights under
the Federal Age Discrimination in Employment Act (29 U.S.C. § 621
et seq.).  You are hereby notified of your right to
rescind the release of claims arising under the federal Age Discrimination in
Employment Act, 29 U.S.C. § 621 et seq., within seven (7) calendar days of your
signing this Agreement.  In order to be effective, the rescission must
(a) be in writing; (b) delivered to Elsa Rey, Human Resources Manager, Enable
Holdings, Inc., 1140 W. Thorndale Avenue, Itasca, Illinois 60143, by hand or
mail within the required period; and (c) if delivered by mail, the rescission
must be postmarked within the required period, properly addressed to Elsa Rey as
set forth above, and sent by certified mail, return receipt
requested.  This Agreement will be effective upon the expiration of
the 7-day period without rescission.  You understand that if you
rescind any part of this Agreement in accordance with this Paragraph 5, you will
not receive the separation pay described in Paragraph 2.

    

    7.           Return of
Property.  By signing this Agreement, you acknowledge and agree
that all documents and materials relating to the business of, or the services
provided by, the Company are the sole property of the Company.  By
signing this Agreement you further agree and represent that you have returned to
the Company (specifically Elsa Rey) all of its property, including but not
limited to, all company documents, records and keys.

    

    8.           Confidential and Proprietary
Information.  By signing this Agreement, you acknowledge and
agree that you have had access in your employment with the Company to
confidential and proprietary information of the Company and further acknowledge
and agree that the release or disclosure of any confidential or proprietary
information will cause the Company irreparable injury.  By signing
this Agreement, you acknowledge that you have not used or disclosed, and agree
that you will not at any time use or disclose, directly or indirectly, to any
other entity or person, any confidential or proprietary information of the
Company.  For purposes of this Agreement, the term “confidential or
proprietary information” shall include, but not be limited to, information about
the personal or business affairs of the Company’s customers, vendors, or
employees.

    

    9.           Confidentiality.  You
and the Company promise and agree not to disparage the other party or disclose
or discuss, directly or indirectly, in any manner whatsoever, any information
regarding either (a) the contents and terms of this Agreement, or (b) the
substance and/or nature of any dispute between the Company and any employee or
former employee, including yourself.  You agree that the only people
with whom you may discuss this confidential information are your legal and
financial advisors and your spouse, if applicable, provided they agree to keep
the information confidential, or as otherwise required by law.

    
      
         

      

      
         

        
          

        

      

      
         

      

    

     

    10.           No Disparaging
Remarks.  You and the Company agree that they shall refrain
from making any statements, whether written or oral, which are critical or
disparaging about the other party.

    

    11.           Remedies.  If
you breach any term of this Agreement, the Company shall be entitled to its
available legal and equitable remedies, including but not limited to suspending
and recovering any and all payments and benefits made or to be made under this
Agreement.  If the Company seeks and/or obtains relief from an alleged
breach of this Agreement, all of the provisions of this Agreement shall remain
in full force and effect.

    

    12.           Non-Admission.  It
is expressly understood that this Agreement does not constitute, nor shall it be
construed as an admission by the Company or you of any liability or unlawful
conduct whatsoever.  The Company and you specifically deny any
liability or unlawful conduct.

    

    13.           Successors and
Assigns.  This Agreement is personal to you and may not be
assigned by you without the written agreement of the Company.  The
rights and obligations of this Agreement shall inure to the successors and
assigns of the Company.

    

    14.           Enforceability.  If
a court finds any term of this Agreement to be invalid, unenforceable, or void,
the parties agree that the court shall modify such term to make it enforceable
to the maximum extent possible.  If the term cannot be modified, the
parties agree that the term shall be severed and all other terms of this
Agreement shall remain in effect.

    

    15.           Law
Governing.  This Agreement shall be governed and construed in
accordance with the laws of the State of Illinois.

    

    16.           Full
Agreement.  This Agreement contains the full agreement between
you and the Company and may not be modified, altered, or changed in any way
except by written agreement signed by both parties.  The parties agree
that this Agreement supersedes and terminates any and all other written and oral
agreements and understandings between the parties.

    

    17.           Acknowledgment of Reading
and Understanding.  By signing this Agreement, you acknowledge
that you have read this Agreement, including the release of claims contained in
Section 4, and understand that the release of claims is a full and
final release of all claims you may have against the Company and the
other entities and individuals covered by the release.  By signing,
you also acknowledge and agree that you have entered into this Agreement
knowingly and voluntarily.

     

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    After you have reviewed this Agreement
and obtained whatever advice and counsel you consider appropriate regarding it,
please evidence your agreement to the provisions set forth in this Agreement by
dating and signing both copies of the Agreement.  Please then return
one copy of this Agreement to me in the envelope provided by no later than
January 11, 2010.  You should keep the other copy for your
records.  We wish you the best in your future endeavors.

    

    Sincerely,

    

    Enable Holdings,
Inc.

     

    /s/ Elsa
Rey

    Elsa
Rey

    Human
Resources Manager

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    

    ACKNOWLEDGMENT AND
SIGNATURE

    

    By signing below, I, Jeffrey D.
Hoffman, acknowledge and agree to the following:

    

    
      	
              ·

            	
              I
      have had adequate time to consider whether to sign this Separation
      Agreement and Release.

            

    

    
      	
              ·

            	
              I
      have read this Separation Agreement and Release
  carefully.

            

    

    
      	
              ·

            	
              I
      understand and agree to all of the terms of the Separation Agreement and
      Release.

            

    

    
      	
              ·

            	
              I
      am knowingly and voluntarily releasing my claims against the
      Company.

            

    

    
      	
              ·

            	
              I
      have not, in signing this Agreement, relied upon any statements or
      explanations made by the Company except as for those specifically set
      forth in this Separation Agreement and
Release.

            

    

    
      	
              ·

            	
              I
      intend this Separation Agreement and Release to be legally
      binding.

            

    

    
      	
              ·

            	
              I
      am signing this Separation Agreement and Release on or after my last day
      of employment with the Company.

            

    

     

    Accepted
this 22nd day of December, 2009.

     

    
      
        
          	
                  /s/ Jeffrey D.
    Hoffman

                
	
                  Jeffrey
      D. HoffmanExhibit
10.1

     

    EMPLOYMENT
AGREEMENT

     

    This
EMPLOYMENT AGREEMENT (the "Agreement") is effective as of June 1st , 2009
by and between Ecoland International Inc., a Nevada corporation or its
successors or assigns (the "Company"), and David Wallace, an individual (the
"Executive"), and is made with reference to the following facts:

     

    A.
Company is engaged in the Mineral and Mining Business;

     

    B.
Company desires to retain the services of Executive, and Executive is willing to
provide such services to the Company;

     

    C.
Company and Executive desire to enter into this Agreement to provide for
Executive's employment by the Company upon the terms and conditions set forth in
this Agreement.

     

    NOW,
THEREFORE, in consideration of the foregoing facts and mutual agreements set
forth below, the parties, intending to be legally bound, agree as
follows:

     

    1.
Employment. The Company hereby agrees to employ Executive, and Executive hereby
accepts such employment and agrees to perform Executive's duties and
responsibilities in accordance with the terms and conditions hereinafter set
forth.

     

    1.1
Employment Term. The term of Executive's employment under this Agreement shall
commence as of the date hereof (the "Effective Date") and shall continue for
three (3) years, unless terminated in accordance with Section 5 hereof. The
period commencing as of the Effective Date, and ending two (2) years thereafter
or such later date to which the term of Executive's employment under the
Agreement shall have been extended by written mutual agreement is hereinafter
referred to as the "Employment Term."

     

    1.2
Duties and Responsibilities. During the Employment Term, Executive shall serve
as a member of the Board of Directors, as acting Chief Executive Officer of the
Company and perform all duties and accept all responsibilities incident to such
position or other appropriate duties as may be reasonably assigned to Executive
by the Company's Board of Directors (the "Board") from time to time consistent
with Executive's status as a senior executive.

     

    1.3 Base
Salary. For all the services rendered by Executive hereunder for the Company,
the Company shall pay Executive a base salary (the "Base Salary") at the minimum
annual rate of $120,000 per annum (payable in accordance with the Company's then
applicable payroll policies) as compensation for all services rendered by
Executive hereunder. The Base Salary shall be subject to all state, federal, and
local payroll tax withholding and any other withholdings required by law.
Following each quarter after the Effective Date, Executive shall be reviewed by
the Company's Board to determine whether a raise in the Base Salary and other
additional compensation and benefits is appropriate, in the sole and absolute
discretion of the Board; provided, however, that at no time shall Executive's
Base Salary be less than $120,000 per annum. The Base Salary shall be payable,
in cash, registered common stock or restricted common stock, or other securities
of the Company as the Company and the Executive may agree from time to
time.

     

    1.4
Benefit Coverages. During the Employment Term, Executive shall be entitled to
participate in all employee pension and welfare benefit plans and programs made
available to the Company's senior level executives as a group or to its
employees generally, as such plans or programs may be in effect from time to
time (the "Benefit Coverages"), including, without limitation, pension, profit
sharing, savings and other retirement plans or programs, medical, dental,
hospitalization, short-term and long-term disability and life insurance plans,
accidental death and dismemberment protection and travel accident
insurance.

     

    1.5
Performance Bonuses. Within ninety (90) days after the end of each fiscal year
of the Company, which is currently May 31st, during the Employment Term, the
Executive will be eligible to receive a bonus (the "Performance Bonus") in an
amount as determined at the discretion of the Board of the Company. To the
extent that, for any given year of the Employment Term, Executive has been
employed for less than the full year, the Performance Bonus shall be reduced on
a pro rata basis for the amount of time actually worked during such year. All
bonus payments shall be subject to customary withholdings required by
law.

    
      
         

      

      
         

        
          

        

      

      
         

      

    

     

    1.6
Expenses. During the Employment Term, Executive shall be reimbursed for all
reasonable business expenses incurred and paid by Executive in providing
services on behalf of the Company,

     

    1.7
Vacations and Holidays. Each year, the Executive shall be entitled to an
aggregate of four (4) weeks' paid vacation plus holidays in accordance with the
Company's policies, as amended from time to time, for senior executive
officers.

     

    2.
Confidential Information.

     

    2.1
Executive recognizes and acknowledges that by reason of Executive's employment
by and service to the Company before, during and, if applicable, after the
Employment Term, Executive will have access to certain confidential and
proprietary information relating to the Company's business, as well as the
businesses, which may include, but is not limited to, trade secrets, trade
"know-how," product development techniques and plans, formulas, customer lists
and addresses, cost and pricing information, marketing and sales techniques,
strategy and programs, computer programs and software and financial information
(collectively referred to as "Confidential Information"). Executive acknowledges
that such Confidential Information is a valuable and unique asset of the
Company, and Executive covenants that he will not, unless expressly authorized
in writing by the Company, as the case may be, at any time during the course of
Executive's employment use any Confidential Information or divulge or disclose
any Confidential Information to any person, firm or corporation except in
connection with the performance of Executive's duties for the Company and in a
manner consistent with the Company's policies regarding Confidential
Information. Executive also covenants that at any time after the termination of
such employment, directly or indirectly, he will not use any Confidential
Information or divulge or disclose any Confidential Information to any person,
firm or corporation, unless such information is in the public domain through no
fault of Executive or except when required to do so by a court of law, by any
governmental agency having supervisory authority over the business of the
Company or by any administrative or legislative body (including a committee
thereof) with apparent jurisdiction to order Executive to divulge, disclose or
make accessible such information. All written Confidential Information
(including,
without limitation, in any computer or other electronic format) that comes into
Executive’s possession during the course of Executive’s employment shall remain
the property of the Company as the case may be. Except as required in the
performance of Executive's duties for the Company, or unless expressly
authorized in writing by the Company, Executive shall not remove any written
Confidential Information from the Company's premises, or the premises of the
other, as the case may be, except in connection with the performance of
Executive's duties for the Company, as the case may be, and in a manner
consistent with the Company's policies regarding Confidential Information. Upon
termination of Executive's employment, the Executive agrees to return
immediately to the Company, as the case may be, all written Confidential
Information (including, without limitation, in any computer or other electronic
format) in Executive's possession.

     

    3.
Non-Competition; Non-Solicitation.

     

    3.1
During Executive's employment by the Company, Executive will not, except with
the prior written consent of the Board, directly or indirectly, own, manage,
operate, join, control, finance or participate in the ownership, management,
operation, control or financing of, or be connected as an officer, director,
Executive, partner, principal, agent, representative, consultant or otherwise
with other than existing relationships and contractual relationships to use or
permit Executive's name to be used in connection with, any business or
enterprise (a "Competitor") which competes with the Company or generates,
directly or indirectly, for itself or others revenues from the type of product
and services provided by the Company or its affiliates during Executive's
employment by the Company.

    
      
         

      

      
         

        
          

        

      

      
         

      

    

     

    3.2 The
foregoing restrictions shall not be construed to prohibit the ownership by
Executive of less than five percent (5%) of any class of securities of any
corporation which is a Competitor having a class of securities registered
pursuant to the Securities Exchange Act of 1934, as amended (the "Exchange
Act"), provided that such ownership represents a passive investment and that
neither Executive nor any group of persons including Executive in any way,
either directly or indirectly, manages or exercises control of any such
corporation, guarantees any of its financial obligations, otherwise takes any
part in its business, other than exercising Executive's rights as a shareholder,
or seeks to do any of the foregoing.

     

    3.3
Executive further covenants and agrees that during Executive's employment by the
Company and for the period of twenty-four (24) months thereafter, Executive will
not, directly or indirectly, (i) solicit, divert, take away, or attempt to
solicit, divert or take away, any of the Company's customers or (ii) encourage
any customer to reduce its patronage of the Company.

     

    3.4
Without limiting the generality of the foregoing, Executive agrees that during
Executive's employment by the Company and for the period of
twenty-four

     

    (24)
months thereafter, he will not, directly or indirectly, solicit any customer to
retain from any other person, firm or entity any services of a type generally
similar to or competitive with the product and/or services of the Company during
the period of Executive's employment by the Company.

     

    3.5
Executive further covenants and agrees that during Executive's employment by the
Company and for the period of twenty-four (24) months thereafter, Executive will
not, directly or indirectly, solicit or hire, or encourage the solicitation or
hiring of any person who was an Executive of the Company at any time during the
term of Executive's employment by the Company by any employer other than the
Company for any position as an Executive, independent contractor, consultant or
otherwise. The foregoing covenant of Executive shall not apply to (i) any person
whom Executive employed prior to the formation of the Company, or (ii) any
person after a period of twelve (12) months has elapsed subsequent to the date
on which such person's employment by the Company has terminated.

     

    4.
Equitable Relief.

     

    4.1.
Executive acknowledges and agrees that the restrictions contained in Sections 2
and 3 are reasonable and necessary to protect and preserve the legitimate
interests, properties, goodwill and business of the Company and its affiliates,
that the Company would not have entered into this Agreement in the absence of
such restrictions and that irreparable injury will be suffered by the Company
should Executive breach any of the provisions of those sections. Executive
represents and acknowledges that (i) he has been advised by the Company to
consult Executive's own legal counsel in respect to this Agreement and (ii) that
he has had full opportunity, prior to execution of this Agreement, to review
this Agreement thoroughly with Executive's counsel.

     

    4.2.
Executive further acknowledges and agrees that a breach of any of the
restrictions in Sections 2 and 3 cannot be adequately compensated by monetary
damages. Executive agrees that the Company shall be entitled to preliminary and
permanent injunctive relief, without the necessity of proving actual damages, as
well as an equitable accounting of all earnings, profits and other benefits
arising from any violation of Sections 2 or 3 hereof, which rights shall be
cumulative and in addition to any other rights or remedies to which the Company
may be entitled. In the event that any of the provisions of Sections 2 and 3
hereof should ever be adjudicated to exceed the time, geographic, service or
other limitations permitted by applicable law in any jurisdiction, it is the
intention of the parties that the provisions shall be amended to the extent of
the maximum time, geographic, service or other limitations permitted by
applicable law, that such amendment shall apply only within the jurisdiction of
the court that made such adjudication and that the provision be enforced to the
maximum extent permitted by law.

    
      
         

      

      
         

        
          

        

      

      
         

      

    

     

    4.3
Executive irrevocably and unconditionally (i) agrees that any suit, action or
other legal proceeding arising out of Sections 2 or 3 hereof, including, without
limitation, any action commenced by the Company for preliminary and permanent
injunctive relief and other equitable relief, may be brought in the United
States District Court for the Central District of California, or if such court
does not have jurisdiction or will not accept jurisdiction, in any court of
general jurisdiction in Los Angeles County, California; (ii) consents to the
non-exclusive jurisdiction of any such court in any such suit, action or
proceeding; and (iii) waives any objection which Executive may have to the
laying of venue of any such suit, action or proceeding in any such court.
Executive also irrevocably and unconditionally consents to the service of any
process, pleadings, notices or other papers in a manner permitted by the notice
provisions of Section 7 hereof.

     

    4.4
Executive agrees that for a period of five (5) years following the termination
of Executive's employment by the Company, Executive will provide, and that at
all times after the date hereof the Company may similarly provide, a copy of
Sections 2 and 3 hereof to any business or enterprise (i) which Executive may
directly or indirectly own, manage, operate, finance, join, control or
participate in the ownership, management, operation, financing or control of, or
(ii) with which Executive may be connected as an officer, director, employee,
partner, principal, agent, representative, consultant or otherwise, or in
connection with which Executive may use or permit Executive's name to be used;
provided, however, that this provision shall not apply in respect of Section 3
hereof after expiration of the time period set forth therein.

     

    5.
Termination. The Employment Term shall terminate upon the occurrence of any one
of the following events:

     

    5.1
Disability. The Company may terminate the Employment Term if Executive is unable
substantially to perform Executive's duties and responsibilities hereunder to
the full extent required by the Board by reason of illness, injury or incapacity
(a "Disability") for six (6) consecutive months, or for more than six (6) months
in the aggregate during any period of twelve (12) calendar months; provided,
however, that the Company shall continue to pay Executive the Base Salary then
in effect for the balance of the then remaining Employment Term determined
without reference to such termination (the "Remaining Employment Term"), but the
amount the Company shall be required to pay Executive shall be reduced by the
amount of any disability payments received by Executive pursuant to the Benefit
Coverages. In addition, Executive shall be entitled to the following: (i) a pro
rata bonus, if any, for the year of termination; (ii) any other amounts earned,
accrued or owing but not yet paid under Section 1 above;

     

    (iii) the
continued right to exercise any vested stock option, if any, for a period of one
(1) year following the date of Executive's termination; (iv) continued
participation for the Remaining Employment Term in those Benefit

     

    Coverages
in which Executive was participating on the date of termination which, by their
terms, permit a former employee to participate; and (v) any other benefits in
accordance with applicable plans and programs of the Company. In such event, the
Company shall have no further liability or obligation to Executive for
compensation under this Agreement except as otherwise specifically provided in
this Agreement. Executive agrees, in the event of a dispute under this Section
5.1, to submit to a physical examination by a licensed physician selected by the
Board, provided that Executive's own physician may be present at Executive's
request and sole expense.

     

    5.2
Death. The Employment Term shall terminate in the event of Executive's death. In
such event, the Company shall pay to Executive's executors, legal
representatives or administrators, as applicable, an amount equal to the
installment of Executive's Base Salary set forth in Section 1.3 hereof for the
month in which Executive dies and a pro rata share of any annual bonus to which
Executive would otherwise be entitled for the year in which such death occurs.
In addition, Executive's estate shall be entitled to (i) any other amounts
earned, accrued or owing but not yet paid under Section 1 above; (ii) the
continued right to exercise any vested stock option for a period of one (1) year
following the date of death; and (iii) any other benefits in accordance with
applicable plans and programs of the Company. The Company shall have no further
liability or obligation under this Agreement to Executive's executors, legal
representatives, administrators, heirs or assigns or any other person claiming
under or through Executive except as otherwise specifically provided in this
Agreement.

    
      
         

      

      
         

        
          

        

      

      
         

      

    

     

    5.3
Cause. The Company may terminate the Employment Term, at any time, for "cause"
upon thirty (30) days' written notice, in which event all payments under this
Agreement shall cease, except for Base Salary to the extent already accrued. For
purposes of this Agreement, Executive's employment may be terminated for "cause"
(i) if Executive is convicted of a felony; (ii) any material neglect or breach
of duty by Executive, or any failure by Executive to perform such duties as may
be delegated to Executive from time to time; (iii) any willful breach of duty by
Executive in the course of his employment; (iv) any material breach of any
provision of this Agreement; or (v) Executive commits theft, larceny,
embezzlement, or fraud, any acts of dishonesty, illegality, moral turpitude or
gross mismanagement as determined in good faith by the Board, whose
determination shall be final and binding; provided, however, with respect to
items (ii) and (iii), thirty (30) days' written notice must be given by the
Company to Executive the first offense, which Executive shall have the right to
cure to the Board's satisfaction. No such advance notice shall be required to
terminate for "cause" with respect to the next offense.

     

    5.4
Termination Without Cause. The Company may remove Executive, at any time prior
to the end of the Employment Term, without cause from the position in which
Executive is employed hereunder (in which case the Employment Term shall be
deemed to have ended) upon not less than sixty (60) days' prior written notice
to Executive; provided, however, that in the event that such notice is given,
Executive shall be under no obligation to render any additional services to the
Company and, subject to the provisions of Section 3 hereof, shall be allowed to
seek other employment. Upon any such removal, Executive shall be entitled to
receive as liquidated damages for the failure of the Company to continue to
employ Executive, only the amount due to Executive under the Company's
then-current severance pay plan for employees. No other payments or benefits
shall be due under this Agreement to Executive, except that Executive shall be
entitled to receive payments or benefits under the then-existing Benefit
Coverages in which Executive is participating in accordance with the respective
terms of such Benefit Coverages. Notwithstanding any provision in this Agreement
or the Ecoland Stock Option Agreement to the contrary, if Executive is
terminated by the Company without cause after the first twelve (12) months, an
amount equal to the lesser of one-half (1/2) of the remaining options to be
vested under the then-remaining Employment Term or twelve (12) additional months
of vesting shall be vested and exercisable in accordance with the Ecoland Stock
Option Agreements. Notwithstanding the foregoing, upon such removal, without
cause under Section 5.4. in the event that Executive executes a written release
of any and all claims against the Company and all related parties with respect
to all matters arising out of Executive's employment by the Company (other than
Executive's entitlement under any stock options, employee benefit plan or
program sponsored by the Company in which Executive participated and under which
Executive has accrued a benefit), and the termination thereof, Executive shall
be entitled to receive, in lieu of the payment described in subsection 5.4.
Hereof, which Executive agrees to waive, (i) in equal monthly installments, as
liquidated damages for the failure of the Company to continue to employ
Executive, an amount equal to the amount of Executive's Base Salary and annual
bonus, if any, for the lesser of the Remaining Employment Term or twelve (12)
months, provided that Executive remains in compliance with the provisions of
Sections 2 and 3 hereof; (ii) continuation of those Benefit Coverages as in
effect at the time of such termination or removal, or to receive cash in lieu of
such benefits or premiums, as applicable, where such Benefit Coverages may not
be continued (or where such continuation would adversely affect the tax status
of the plan pursuant to which the Benefit Coverage is provided) under applicable
law or regulation, for the lesser of the Remaining Employment Term or twelve
(12) months; (iii) any other amounts earned, accrued or owing but not yet paid
under Section 1 above; and (iv) any other benefits in accordance with applicable
plans and programs of the Company.

     

    6.
Survivorship. The respective rights and obligations of the parties hereunder
shall survive any termination of the Executive's employment to the extent
necessary to the intended preservation of such rights and
obligations.

     

    7.
Notices. All notices, requests, demands and other communications hereunder shall
be in writing and shall be deemed to have been duly given when delivered
personally, by facsimile transmission, or when mailed, by United States
certified or registered mail, prepaid, to the parties or their assignees at the
following addresses or facsimile numbers (or at such other address as shall be
given in writing by any party):

    
      
         

      

      
         

        
          

        

      

      
         

      

    

     

    If
to the Company:

     

    Ecoland
International, Inc.

    Attn:
Board of Directors

    David
Wallace

    4909 West
Joshua Boulevard,

    Suite
1059Chandler, Arizona

     

    If
to Executive:

     

    David
Wallace

    4909 West
Joshua Boulevard,

    Suite
1059Chandler, Arizona

     

    or to
such other names or addresses as the Company or Executive, as the case may be,
shall designate by notice to each other person entitled to receive notices in
the manner specified in this section.

     

    8.
Arbitration; Expenses. In the event of any dispute under the provisions of this
Agreement other than a dispute in which the sole relief is an equitable remedy
such as an injunction, the parties shall be required to have the dispute,
controversy or claim settled by arbitration in the City of Los Angeles,
California in accordance with the commercial arbitration rules then in effect of
the American Arbitration Association.

     

    9.
Governing Law. This Agreement shall be governed by and construed in accordance
with the laws of the State of California as if this Agreement was to be
performed entirely within the State of California by residents of such State,
and without reference to principles of conflicts of laws.

     

    10.
Further Assurances. Each of the parties agrees that from time to time, at the
request of any other party and without further consideration or consent, they
will execute and deliver such additional instruments as any other party may
reasonably request as are necessary to effectuate the purposes of this
Agreement.

     

    11.
Indemnification by the Company. The Company hereby agrees and covenants to full
and completely indemnify and defend Executive in the performance of Executive's
duties to the fullest extent permitted by applicable laws. In addition, as of
the Effective Date, the Company shall procure, and Executive shall be covered by
an officer and director liability insurance policy.

     

    12.
Attorneys' Fees. In the event any litigation, arbitration, mediation or other
proceeding ("Proceeding") is initiated by any party(ies) against any other
party(ies) to enforce, interpret or otherwise obtain judicial or quasi-judicial
relief in connection with this Agreement, the prevailing party(ies) in such
Proceeding shall be entitled to recover from the unsuccessful party(ies) (a) all
costs, expenses, actual attorneys' and expert witness fees, relating to or
arising out of such Proceeding (whether or not such Proceeding proceeds to
judgment), and (b) any post-judgment or post-award proceeding, including,
without limitation, one to enforce any judgment or award resulting from any such
Proceeding. Any such judgment or award shall contain a specific provision for
the recovery of all such subsequently incurred costs, expenses, actual
attorneys' and expert witness fees. The arbitrator(s) or court shall determine
who is the prevailing party, whether or not the dispute or controversy proceeds
to final judgment. Company and Executive expressly acknowledge that this section
is not intended to in any way alter the parties' agreement that arbitration
shall be the exclusive method of resolving any dispute related to this Agreement
or Executive's employment with the Company as set forth in Section 7. Company
and Executive agree that the reference to litigation in this section is included
so that the prevailing party can recover its attorneys' fees and costs if (a)
either party files a lawsuit in violation of Section 7 (e.g., fees and costs
incurred obtaining a court order compelling arbitration); or (b) a court rules
that the arbitration provision in Section 7 is unenforceable for any
reason.

    
      
         

      

      
         

        
          

        

      

      
         

      

    

     

    13.
Entire Agreement. All prior agreements, representations and understandings
between the parties are incorporated in this Agreement and schedules and exhibit
hereto, which together constitute the entire contract between the parties. The
terms of this Agreement are intended by the parties as a final expression of
their agreement with respect to such terms as are included herein and may not be
contradicted by evidence of any prior or contemporaneous written or oral
representations, agreements or understandings, whether express or implied. The
parties further intend that this Agreement constitutes the complete and
exclusive statement of its terms and that no extrinsic evidence whatsoever may
be introduced in any judicial proceeding, if any, involving this Agreement. No
amendment or variation of the terms of this Agreement shall be valid unless made
in writing and signed by each of the parties.

     

    14. Venue
and Jurisdiction. For purposes of venue and jurisdiction, this Agreement shall
be deemed made and to be performed in the City of Los Angeles,
California.

     

    15.
Counterparts; Facsimile. This Agreement may be executed in one or more
counterparts, each of which shall be deemed an original, but all of which
together shall constitute one and the same instrument. This Agreement may be
executed by facsimile (with originals to follow by United States mail), and such
facsimile shall be conclusive evidence of the consent and ratification of the
signatories hereto.

     

    16.
Headings. The headings of the various Sections of this Agreement have been
inserted only for convenience and shall not be deemed in any manner to modify or
limit any of the provisions of this Agreement or be used in any manner in the
interpretation of this Agreement.

     

    17.
Interpretation. Whenever the context so requires, all words used in the singular
shall be construed to have been used in the plural (and vice versa), each gender
shall be construed to include any other genders, and the word "person" shall be
construed to include a natural person, a corporation, a firm, a partnership, a
joint venture, a trust, an estate or other entity.

     

    18.
Severability. If any provision of this Agreement shall be declared invalid,
illegal or unenforceable, such provision shall be severed and all remaining
provisions shall continue in full force and effect.

     

    19.
Successors-in-Interest and Assigns. This Agreement shall be binding upon and
shall inure to the benefit of the successors-in-interest and assigns of each
party to this Agreement, except that the duties and responsibilities of
Executive hereunder are of a personal nature and shall not be assignable or
delegable in whole or in part by Executive. Nothing in this Section shall create
any rights enforceable by any other persons not a party to this Agreement,
unless such rights are expressly granted in this Agreement to other specifically
identified persons.

     

    20.
Amendment and Waiver. This Agreement may not be amended and the observance of
any term of this Agreement may not be waived (either generally or in a
particular instance and neither retroactively or prospectively), without the
written consent of the parties hereto.

     

    21.
Beneficiaries; References. Executive shall be entitled, to the extent permitted
under any applicable law, to select and change a beneficiary or beneficiaries to
receive any compensation or benefit payable hereunder following Executive's
death by giving the Company written notice thereof. In the event of Executive's
death or a judicial determination of Executive's incompetence, reference in this
Agreement to Executive shall be deemed, where appropriate, to refer to
Executive's beneficiary, estate or other legal representative.

    
      
         

      

      
         

        
          

        

      

      
         

      

    

     

    IN
WITNESS WHEREOF, the undersigned, intending to be legally bound, have executed
this Agreement as of the date first above written.

     

    Ecoland
International, Inc.

    a Nevada
corporation

     

    
      
        	
                By:
      /s/ Shareholders Written
approval

              

      

    

     

    Executive

     

    
      
        
          	
                  By:

                	
                  /s/David Wallace

                
	 
      	
                  David
      Wallace

                
	 
      	
                  Chief
      Executive Officer

                
	
                  June
      1, 2009

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