Document:

CONTRIBUTION
AND CANCELLATION AGREEMENT

      

      CONTRIBUTION
AND CANCELLATION AGREEMENT dated as of June 16, 2010 (this “Agreement”), by and
between The Forsythe Group Two, Inc., a Nevada corporation (the “Company”), and
Quality Investment Services, LLC (the “Cancelling Party”).

      

      BACKGROUND

      

      Concurrently
herewith, the Company is entering into a Share Exchange Agreement with BioFuel
Technologies, Inc., a Georgia company ("BFT"), and the shareholders of BFT (the
“Target Shareholders”), pursuant to which the Company will acquire from the
Target Shareholders 100% of the issued and outstanding capital stock of BFT in
exchange for shares of the Company’s Common Stock (the "Share Exchange
Transaction").

      

      It is a
condition precedent to the consummation of the Share Exchange Transaction that
the Cancelling Party enter into this Agreement, which will effectuate the (i)
contribution of all amounts due under certain Non-Negotiable Promissory Notes in
the aggregate principal amount of $47,737.50 (the "Note") and (ii) the
cancellation of 300,000 shares of the Company’s Common Stock held by the
Cancelling Party (the "Subject Shares").  The Cancelling Party is
entering into this Agreement to, among other things, induce BFT and the Target
Shareholders to enter into the Share Exchange Transaction and the Cancelling
Party acknowledges that BFT and the Target Shareholders would not consummate the
transactions contemplated by the Share Exchange Transaction unless the
transactions contemplated hereby are effectuated in accordance
herewith.

      

      AGREEMENT

      

      NOW,
THEREFORE, in consideration of the mutual promises herein contained and for
other good and valuable consideration, the receipt and sufficiency of which is
hereby acknowledged, the parties hereto agree as follows:

      

      1.           Contribution
and Cancellation of Note.  Cancelling Party hereby transfers, assigns
and contributes to the capital of the Company all amounts due under the Note and
relieves the Company from and of any and all obligations of the Company of any
kind or nature thereunder.  In furtherance of the transfer, assignment
and contribution of the Note, the Cancelling Party is delivering the originally
executed Note herewith imprinted on each page thereof with the word "VOID" and
hereby irrevocably instructs the Company to cancel the Note.  The
Cancelling Party acknowledges and confirms that upon and as of the date hereof,
the Note shall be deemed cancelled, it shall have no rights under or interest in
the Note and the Note shall be of no further force or effect.

      

      2.           Cancellation
of Subject Shares. The Cancelling Party has delivered to the Company for
cancellation a stock certificate representing the Subject Shares accompanied by
a duly executed stock power duly endorsed in blank, in proper form for transfer,
with signatures
guaranteed (or such other documents acceptable to counsel to the Company) and
hereby irrevocably instructs the Company to cancel the Subject Shares such that
the Subject Shares will no longer be outstanding on the stock ledger of the
Company and such that the Cancelling Party shall no longer have any interest in
the Subject Shares whatsoever.

      
        
           

        

        
           

          
            

          

        

        
           

        

      

       

      3.        
   Representations by the Cancelling Parties.

      

      (a) The
Cancelling Party has good, valid and marketable title to the Note, free and
clear from all security interests or encumbrances of any kind or nature and has
not assigned, pledged, hypothecated, granted any interest in or right to acquire
or otherwise encumbered all or any portion of its interest in the
Note.

      

      (b) The
Cancelling Party owns its Subject Shares, of record and beneficially, free and
clear of all liens, claims, charges, security interests, and encumbrances of any
kind whatsoever.  The Cancelling Party has sole control over its
Subject Shares or sole discretionary authority over any account in which they
are held. Except for this Agreement, no person has any option or right to
purchase or otherwise acquire the Subject Shares, whether by contract of sale or
otherwise, nor is there a “short position” as to the Subject
Shares.

      

      (c) The
Cancelling Party has full right, power and authority to execute, deliver and
perform this Agreement and to carry out the transactions contemplated
hereby.  This Agreement has been duly and validly executed and
delivered by the Cancelling Party and constitutes a valid, binding obligation of
the Cancelling Party, enforceable against it in accordance with its terms
(except as such enforceability may be limited by laws affecting creditor's
rights generally).

      

      4.        
   Further Assurances. Each party to this Agreement will use its
best efforts to take all action and to do all things necessary, proper, or
advisable in order to consummate and make effective the transactions
contemplated by this Agreement (including the execution and delivery of such
other documents and agreements as may be necessary to effectuate the
cancellation of the Subject Shares).

      

      5.       
    Amendment and Waiver. Any term, covenant, agreement or
condition of this Agreement may be amended, with the written consent of the
Company and the Cancelling Party, or compliance therewith may be waived (either
generally or in a particular instance and either retroactively or
prospectively), by one or more substantially concurrent written instruments
signed by the Company and the Cancelling Party.

      

      6.       
    Survival of Agreements, Representations and Warranties,
etc. All representations and warranties contained herein shall survive the
execution and delivery of this Agreement.

      

      7.      
     Successors and Assigns. This Agreement shall bind
and inure to the benefit of and be enforceable by the Company and the Cancelling
Parties, and their respective successors and assigns.

      

      8.   
        Governing Law. This Agreement
(including the validity thereof and the rights and obligations of the parties
hereunder and thereunder) and all amendments and supplements hereof and thereof
and all waivers and consents hereunder and thereunder shall be construed in
accordance with and governed by the internal laws of the State of Georgia
without regard to its conflict of laws rules, except to the extent the laws of
Nevada are mandatorily applicable.

      

      9.     
      Miscellaneous. This Agreement embodies the
entire agreement and understanding between the parties hereto and supersedes all
prior agreements and understandings relating to the subject matter hereof. In
case any provision of this Agreement shall be invalid, illegal or unenforceable,
the validity, legality and enforceability of the remaining provisions shall not
in any way be affected or impaired thereby. This Agreement may be executed in
any number of counterparts and by the parties hereto on separate counterparts
but all such counterparts shall together constitute but one and the same
instrument. This Agreement may be reproduced by any electronic, photographic,
photostatic, magnetic, microfilm, microfiche, microcard, miniature photographic,
facsimile or other similar process and the original thereof may be destroyed.
The parties agree that any such reproduction shall, to the extent permitted by
law, be as admissible in evidence as the original itself in any judicial or
administrative proceeding (whether or not the original is in existence and
whether or not the reproduction was made in the regular course of business) and
that any enlargement, facsimile or further reproduction shall likewise be
admissible in evidence. Facsimile execution and delivery of this Agreement is
legal, valid and binding execution and delivery for all
purposes.

      
        
           

        

        
          - 2
-

          
            

          

        

        
           

        

      

       

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

      

      
        
          	
                  CANCELLING
      PARTY:

                
	 
      
	
                  QUALITY
      INVESTMENT SERVICES, LLC

                
	 
      	 
      
	
                  By:

                	
                  /s/ Pamela McClanahan

                
	
                  Name:  Pamela
      McClanahan

                
	
                  Title:
      Managing Member

                
	 
      	 
      
	
                  COMPANY:

                
	 
      
	
                  THE
      FORSYTHE GROUP TWO, INC.

                
	 
      	 
      
	
                  By:

                	
                  /s/ Hunt Keith

                
	
                  Name:
      Hunt Keith

                
	
                  Title:
      President

                

        

      
 

      
        
           

        

        
          - 3
-CONFIDENTIAL
SEVERANCE AGREEMENT

    AND
RELEASE OF CLAIMS

    

    This Confidential Severance Agreement
and Release of Claims (the “Agreement”) is made and entered into by and between
Phil Wonderley (“Employee”) and BioFuel Technologies, Inc. (“Employer”), as well
as any affiliated or related entities, subsidiaries, or divisions, and the
shareholders, directors, officers, employees, and agents thereof (collectively
referred to as “Employer”).

    

    THE PARTIES acknowledge the
following:

    

    WHEREAS, Employee was employed by
Employer until August 31, 2009, when the employment relationship was terminated
by mutual agreement (the “Termination Date”);
and

    

    WHEREAS, Employee desires to receive
severance benefits provided pursuant to this Agreement, and Employer is willing
to provide these benefits to Employee on the condition that Employee enters into
this Agreement.

    

    THEREFORE, in consideration of the
mutual agreements and promises set forth within this Agreement, the receipt and
sufficiency of which are hereby acknowledged, Employee and Employer agree as
follows:

    

    1.           Definitions.

    

    Unless
the context plainly requires otherwise, the term “Employee” includes Phil
Wonderley, his respective agents, investigators, attorneys, spouse, relatives,
heirs, executors, administrators, successors, and assigns.  The term
“Employer” includes BioFuel Technologies, Inc., together with its past, present
and future parent and affiliated companies and entities, as well as the past,
present, and future officers, directors, administrators, shareholders,
employees, agents, successors, subsidiaries, parents, assigns, representatives,
attorneys insureds, and insurers thereof.

    

    2.           Severance
Benefits.

    

    
      	
               
      

            	
              a.

            	
              Severance
      Payment.  In consideration of Employee’s agreements and
      promises set forth below, Employer shall pay to Employee the sum of ONE
      HUNDRED EIGHTY-FIVE THOUSAND AND NO/100THS ($185,000.00) Dollars (less
      standard statutory deductions for federal and state taxes and
      withholdings) as severance pay (the “Severance
      Payment”), which shall be paid in lump sum pursuant to Employer’s
      established payroll procedures as set forth in this
      Agreement.  The Severance Payment will be made within ten (10)
      business days following BioFuel’s receipt of capital commitments totaling
      at least TWO MILLION FIVE HUNDRED THOUSAND AND NO/100THS ($2,500,000.00)
      Dollars, provided Executive has executed and not revoked this Agreement as
      set forth herein.  The Severance Payment may not be accelerated
      or deferred in any regard.

            

    

     

    
      Employee’s
Initials_______

    

     

    
      
         

      

      
         

        
          

        

      

      
         

      

    

     

    
      	
               
      

            	
              b.

            	
              Payment
      for Equipment.  In further consideration of this
      Agreement, Employer shall
      pay to Employee the sum of FIFTEEN THOUSAND AND NO/100THS ($15,000.00)
      Dollars in payment for certain equipment provided to
      Employer.  This payment shall be made to Employee simultaneously
      with the Severance Payment described in Paragraph 2(a) above, provided
      Employee has executed and not revoked this Agreement as set forth
      herein.

            

    

    
      
      

    

    

    
      	
               
      

            	
              c.

            	
              Effect of Payments.
      Employee agrees that the payments to him by Employer pursuant to
      this Paragraph 2 of the Agreement do not constitute compensation for
      purposes of calculating the amount of any benefits Employee may be
      entitled to under the terms of any pension or other benefit plan of
      Employer, or for the purpose of accruing any benefit, receiving any
      allocation of any contribution, or having the right to defer any income in
      any employee pension or benefit
plan.

            

    

    

    
      	
               
      

            	
              d.

            	
              Issuance of
      Shares.  In further consideration of this Agreement,
      Employer shall issue to Employee 500,000 shares of Employer’s common stock
      (or any successor in interest to BioFuel class of common stock), no par
      value per share (the “Restricted
      Stock”), following the expiration of the revocation period
      described herein.  Employee’s rights and obligations with
      respect to the Restricted Stock shall be subject to and governed
      exclusively by the Investment Representation Letter and Lock Up Leak Out
      Agreement attached as Exhibits A and
      B,
      respectively, to this Agreement, and incorporated herein by
      reference.  Employer (or any successor in interest to Employer)
      shall deliver to Employee a certificate evidencing the Restricted Stock
      within sixty (60) days following the expiration of the revocation period
      described herein.

            

    

    

    
      	
              3. 

            	
              Legal
      Obligations.

            

    

    

    Employer has no prior legal obligations
to make the payments or issue the Restricted Stock as described in Paragraph 2
of this Agreement, which consideration is expressly conditioned upon the
promises of Employee herein.  Except as otherwise provided herein,
Employee shall be solely responsible for any and all federal and state tax
liability or consequences (including, but not limited to, taxes, contributions,
withholdings, fines, penalties, and interest) which could arise as a result of
the payment provided to him pursuant to this Agreement.

    

    
      	
              4.

            	
              Nonadmission.

            

    

    

    By entering into this Agreement,
Employer does not admit any wrongdoing or that it has breached any obligation
with respect to Employee’s employment.

     

    
      Employee’s
Initials_______

    

     

    
      
         

      

      
        2

        
          

        

      

      
         

      

    

     

    
      	
              5. 

            	
              Full
      Release of Claims.

            

    

    

    Employee hereby releases, acquits,
satisfies and forever discharges Employer from any and all actions, causes of
action, claims, demands, losses, claims for attorneys’ fees, and all other forms
of civil damages, occurrences, and liabilities of any kind whatsoever, both
known or unknown, arising out of any matter, happening, or thing, from the
beginning of time to the date of this Agreement.  This full release of
claims specifically includes, but is not limited to: any and all claims related
to the Employee’s employment with Employer and the termination of Employee’s
employment with Employer; claims of age discrimination pursuant to the Age
Discrimination In Employment Act (“ADEA”), any and all claims for unpaid wages,
compensation, bonuses or related damages; and any and all other claims of any
nature whatsoever, whether known or unknown, and whether based on tort, contract
(express or implied), statute, regulation or ordinance, federal, state or
local.

    

    By entering into this Agreement,
Employee does not waive any rights or claims that might arise as a result of any
conduct that occurs after the date this Agreement is signed by the parties, nor
shall this Agreement be interpreted to provide that Employee has entered into
any covenant or promise that would be invalid under applicable federal or state
law.

    

    
      	
              6. 

            	
              Covenant
      not to Sue.

            

    

    

    Employee
covenants and agrees that he will not bring, commence, institute, maintain,
prosecute, or voluntarily aid or encourage any action or proceeding against
Employer.  Employee further agrees that he will not otherwise
prosecute or sue Employer affirmatively or by way of cross-complaint, defense or
counterclaim, or in any other manner with respect to the claims herein released
and/or waived.  Employee likewise agrees to forfeit any benefit which
may accrue to him as a result of such action against Employer.

    

    The
foregoing shall be construed as a covenant not to sue.  This Agreement
may be introduced as evidence at any legal proceeding as a complete defense to
any claims existing as of the date of this Agreement ever asserted by Employee
against Employer.

    

    
      	
              7. 

            	
              No Prior
      Assignment.

            

    

    

    Employee
further warrants and covenants, recognizing that the truth of this warranty and
covenant is material to the above consideration having passed, that he has not
assigned, transferred or conveyed at any time to any individual or entity any
alleged rights, claims or causes of action against Employer.

    

    
      	
              8. 

            	
              No
      Employment Relationship.

            

    

    

    The relationship of employer-employee
terminated effective as of the date of Employee’s Termination Date and the
relationship created by this Agreement is purely contractual and no
employer-employee relationship is intended or inferred from the performance of
the parties’ obligations under this Agreement.

    

    
      	
              9.

            	
              Nondisparagement.

            

    

    

    Employee shall not (except as required
by law) communicate to anyone, whether verbally, in writing, or in any other
manner, any statement that is intended to cause or that reasonably would be
expected to cause a person to whom it is communicated to have a lowered opinion
of Employer, including a lowered opinion of any services provided by
Employer.

     

    
      Employee’s
Initials_______

       

    

    
      
         

      

      
        3

        
          

        

      

      
         

      

    

     

    
      	
              10.

            	
              Nondisclosure.

            

    

    

    As a material condition of this
Agreement, without which Employer would not have entered into the Agreement,
Employee hereby stipulates and agrees that he shall not at any time, directly or
indirectly, use or disclose to any person, business, firm, corporation,
partnership or other entity, any Trade Secret of Employer, for any reason or
purpose.  Employee further stipulates and agrees that for a period of
one (1) year from the date of this Agreement (the “Restricted Period”), he shall
not, directly or indirectly, use or disclose to any person, business, firm,
corporation, partnership or other entity any Confidential Information belonging
to Employer, for any reason or purpose.

    

    For
purposes of this Agreement, “Trade Secret” shall be defined as set forth in the
Georgia Trade Secrets Act of 1990, as amended from time to time.  The
term Confidential Information shall mean any information which Employer uses in
its business and which Employer considers to be confidential or proprietary, but
which does not rise to the level of a Trade Secret, including without
limitation, proprietary information regarding Employer’s customers, customer
lists, costs, prices, pricing structures, methodologies and strategies,
earnings, financial results and financial information, systems, operating
procedures, strategic plans, proprietary computer and systems software,
prospective and executed contracts and other business arrangements, sources of
supply, identity of suppliers and business acquisition strategies.

    

    
      	
              11. 

            	
              Property.

            

    

    

    Employee shall immediately return all
property of Employer which is in his possession.  This includes, but
is not limited to, the computer provided for his personal use, all data,
documents, records, correspondence, reports, memoranda, or other property and
shall include all copies thereof, including electronically stored
information.

    

    
      	
              12. 

            	
              Performance.

            

    

    

    Employer’s obligation to perform under
this Agreement is conditioned upon Employee’s agreements and promises to
Employer as set forth herein.  In the event Employee breaches any such
agreements or promises or causes any such agreements or promises to be breached,
Employer’s obligations to perform under this Agreement shall automatically
terminate and Employer shall have no further obligation to
Employee.

    

    
      	
              13. 

            	
              Successors
      and Assigns.

            

    

    

    This Agreement shall inure to and be
binding upon the parties hereto and to their respective heirs, legal
representatives, successors, and assigns.

     

    
      Employee’s
Initials_______

    
 

    
      
         

      

      
        4

        
          

        

      

      
         

      

    

     

    
      	
              14. 

            	
              Governing
      Law and Forum Selection.

            

    

    

    This Agreement shall be construed in
accordance with the laws of the state of Georgia and any applicable federal
laws.  Moreover, any dispute between the parties regarding this
Agreement or Employee’s former employment with Employer shall be decided solely
by a court of competent jurisdiction in Fulton County, Georgia.

    

    
      	
              15. 

            	
              Entire
      Agreement; Modification.

            

    

    

    This
Agreement constitutes the entire agreement between the parties hereto and
supersedes and renders null and void all prior agreements, understandings and
arrangements, oral or written, if any, between the parties hereto with respect
to the subject matter hereof, including, without limitation, the Employment
Contract of October 2, 2008.  This Agreement may not be changed orally
but only by an agreement in writing signed by the parties or their respective
heirs, legal representatives, successors, and assigns.

    

    
      	
              16. 

            	
              Validity.

            

    

    

    The provisions of this Agreement shall
be deemed severable and that the invalidity or unenforceability of any paragraph
of this Agreement, or any portion or provision thereof, shall not affect the
validity or enforceability of the other portions or provisions.  Any
such provision deemed to be unenforceable shall be stricken and the remaining
provisions shall be appropriately limited and given effect to the extent they
may be enforceable.

    

    
      	
              17.

            	
              OWBPA.

            

    

    

    Employee
acknowledges that it is the mutual intent of the Parties that the full release
contained in this Agreement fully complies with the Older Workers Benefit
Protection Act.  Accordingly, this Agreement requires, and Employee
acknowledges and agrees that: (1) the consideration provided to Employee under
this Agreement exceeds the nature and scope of any consideration to which he
would otherwise have been legally entitled to receive absent his execution of
this Agreement; (2) execution of this Agreement and the full release herein,
which specifically includes a waiver of any claims under the Age Discrimination
in Employment Act, is his knowing and voluntary act; (3) Employee is hereby
advised to consult with an attorney prior to executing this Agreement; (4)
Employee has twenty-one (21) calendar days within which to consider this
Agreement and his signature on this Agreement prior to the expiration of this
twenty-one (21) day period (should he opt not to take the full period offered)
constitutes an irrevocable waiver of said period or its remainder; (5) in the
event Employee signs this Agreement, he has another seven (7) calendar days to
revoke it by delivering a written notice of revocation to the individual
addressee identified in the Notice provision below (Paragraph 18), and this
Agreement does not become effective until the expiration of this seven-day
period; (6) Employee has read and fully understands the terms of this Agreement;
and (7) nothing contained in this Agreement purports to release any of his
rights or claims under the Age Discrimination in Employment Act that may arise
from acts occurring after the date of the execution of this
Agreement.

     

    
      Employee’s
Initials_______

       

    

    
      
         

      

      
        5

        
          

        

      

      
         

      

    

     

    
      	
              18. 

            	
              Notice.

            

    

    

    All
communications or notices required or permitted by this Agreement shall be made
by Employee to Employer in writing and shall be delivered and addressed as
follows:

    

    Ken
Rakestraw

    BioFuel
Technologies, Inc.

    614
Bohannon Road

    Fairburn,
Georgia 30213

    

    
      	
              19. 

            	
              Arbitration.

            

    

    

    Any and all disputes arising out of or
in any way related to this Agreement, Employee’s employment with and separation
from employment, or the payments and benefits described herein, shall be settled
by binding arbitration before a single arbitrator in accordance with the
applicable rules of the American Arbitration Association.  Employee
shall not be restricted in terms of the remedies available and shall not be
subject to any costs greater than he would otherwise have incurred in state or
federal court in Georgia.

    

    
      	
               

              PLEASE
      READ THIS AGREEMENT CAREFULLY.  IT CONTAINS A RELEASE OF ALL
      KNOWN AND UNKNOWN CLAIMS.

               

              YOU
      AGREE THAT YOU RECEIVED VALUABLE CONSIDERATION IN EXCHANGE FOR ENTERING
      INTO THIS AGREEMENT AND THAT THE COMPANY ADVISED YOU IN WRITING TO CONSULT
      AN ATTORNEY PRIOR TO SIGNING THIS AGREEMENT.  YOU PROMISE THAT
      NO REPRESENTATIONS OR INDUCEMENTS HAVE BEEN MADE TO YOU EXCEPT AS SET
      FORTH HEREIN, AND THAT YOU HAVE SIGNED THE SAME KNOWINGLY AND
      VOLUNTARILY.

               

            
	
               

              YOU
      HAVE BEEN PROVIDED AT LEAST TWENTY-ONE (21) DAYS WITHIN WHICH TO CONSIDER
      THIS AGREEMENT AND WAIVE AND RELEASE ALL CLAIMS AND RIGHTS INCLUDING, BUT
      NOT LIMITED TO, THOSE ARISING UNDER THE AGE DISCRIMINATION IN EMPLOYMENT
      ACT.  YOU SHALL HAVE SEVEN (7) DAYS WITHIN WHICH TO REVOKE THIS
      AGREEMENT AND THIS AGREEMENT SHALL NOT BECOME EFFECTIVE OR ENFORCEABLE
      UNTIL THAT REVOCATION PERIOD HAS EXPIRED.  ANY SUCH REVOCATION
      MUST BE IN WRITING AND RECEIVED BY
      THE COMPANY, IN ACCORDANCE WITH THE NOTICE PROVISIONS SET FORTH IN
      PARAGRAPH 18 HEREIN, PRIOR TO THE END OF THE REVOCATION
      PERIOD.

               

            

    

    

    [Signature
Page Follows]

     

    
      Employee’s
Initials_______

    

     

    
      
         

      

      
        6

        
          

        

      

      
         

      

    

     

    IN
WITNESS WHEREOF, the undersigned have set their hands and seals, or caused their
duly authorized agent to set their hand and seal, on the day and year written
above.

    

    As To
Employee:

     

    
      
        
          
            	
                    July 20, 2010

                  	 
      	
                    /s/ Phil Wonderly

                  
	
                    Date

                  	 
      	
                    Phil
      Wonderley

                  
	 
      	 
      	 
      
	
                    For
      Employer:

                  	 
      	
                    BIOFUEL
      TECHNOLOGIES, INC.

                  
	 
      	 
      	 
      
	
                    July 20, 2010

                  	 
      	
                    By: 

                  	
                    /s/ Kenneth Rakestraw

                  
	
                    Date

                  	 
      	 
      	 
      
	 
      	 
      	 
      	 
      
	 
      	 
      	
                    Its: 

                  	
                     
President

                  

          

        

      

    

      

    
      Employee’s
Initials_______

    

     

    
      
         

      

      
        7

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