Document:

EX-10.1

EXHIBIT 10.1

LIVE NATION, INC.

EMPLOYEE STOCK BONUS PLAN

Live Nation, Inc. (the “Company”), a corporation organized under the laws of the State of
Delaware, hereby adopts this Live Nation, Inc. Employee Stock Bonus Plan (the “Plan”). The
purposes of the Plan are as follows:

(1) To further the growth, development and financial success of the Company by
providing additional incentives to certain of its employees and consultants who have been or
will be given responsibility for the management or administration of the Company’s business
affairs and by assisting them to become owners of the Company’s common stock, par value $.01
per share (the “Common Stock”), thus benefiting directly from the Company’s growth,
development and financial success.

(2) To enable the Company to obtain and retain the services of the type of
professional, technical and managerial employees and consultants considered essential to the
long-term success of the Company by providing and offering them an opportunity to become
owners of the Common Stock.

ARTICLE I

DEFINITIONS

Whenever the following terms are used in the Plan, they shall have the meaning specified below
unless the context clearly indicates to the contrary. The masculine pronoun shall include the
feminine and neuter and the singular shall include the plural, where the context so indicates.

Section 1.1 — Board

“Board” shall mean the Board of Directors of the Company.

Section 1.2 — Cash Bonus

“Cash Bonus” shall mean a bonus which any Employee is entitled to receive under any bonus or
compensation plan or agreement maintained by the Company or any of its Subsidiaries that is payable
in cash.

Section 1.3 — Code

“Code” shall mean the Internal Revenue Code of 1986, as amended.

Section 1.4 — Committee

“Committee” shall mean the Compensation Committee of the Board.

Section 1.5 — Employee

“Employee” shall mean any employee (as defined in accordance with the regulations and revenue
rulings then applicable under Section 3401(c) of the Code) or bona fide consultant of the Company,
or of any corporation which is then a Parent Corporation or a Subsidiary, in each case whether such
employee or consultant is so employed or engaged at the time the Plan is adopted or becomes so
employed or engaged subsequent to the adoption of the Plan.

Section 1.6 — Fair Market Value

“Fair Market Value” shall mean, as of any given date, the value of a share of Common Stock
determined as follows:

(a) If the Common Stock is listed on any established stock exchange (such as the New
York Stock Exchange, the NASDAQ Global Market or the NASDAQ Global Select Market) or
national market system, its Fair Market Value shall be the closing sales price for a share
of Common Stock as quoted on such exchange or system for such date or, if there is no
closing sales price for a share of Common Stock on the date in question, the closing sales
price for a share of Common Stock on the last preceding date for which such quotation
exists, as reported in The Wall Street Journal or such other source as the Committee deems
reliable;

(b) If the Common Stock is not listed on an established stock exchange or national
market system, but the Common Stock is regularly quoted by a recognized securities dealer,
its Fair Market Value shall be the mean of the high bid and low asked prices for such date
or, if there are no high bid and low asked prices for a share of Common Stock on such date,
the high bid and low asked prices for a share of Common Stock on the last preceding date for
which such information exists, as reported in The Wall Street Journal or such other source
as the Committee deems reliable; or

(c) If the Common Stock is neither listed on an established stock exchange or a
national market system nor regularly quoted by a recognized securities dealer, its Fair
Market Value shall be established by the Committee in good faith.

Section 1.7 — Parent Corporation

“Parent Corporation” shall mean any corporation in an unbroken chain of corporations ending
with the Company if each of the corporations other than the Company then owns stock possessing 50%
or more of the total combined voting power of all classes of stock in one of the other corporations
in such chain.

Section 1.8 — Subsidiary

“Subsidiary” shall mean any corporation in an unbroken chain of corporations beginning with
the Company if each of the corporations other than the last corporation in the unbroken chain then
owns stock possessing 50% or more of the total combined voting power of all classes of stock in one
of the other corporations in such chain.

ARTICLE II

ISSUANCE OF SHARES

Section 2.1 — Authorization to Issue Common Stock

(a) The Company is authorized to issue shares of Common Stock (the “Shares”) under the
Plan in payment of a Cash Bonus to any Employee who may elect to receive Shares in payment
of the Employee’s Cash Bonus, on such terms and conditions as may be fixed from time to time
by the Committee, in its sole discretion, and which are not inconsistent with the Plan.

(b) The aggregate number of Shares which may be issued under the Plan shall not exceed
two million (2,000,000). The Shares issuable under the Plan may be either previously
authorized but unissued Shares or treasury Shares.

Section 2.2 — Payment of Bonuses of Common Stock

(c) In the event that the Committee determines to issue Shares pursuant to the Plan,
the Committee shall have the authority, in its sole and absolute discretion, to:

(i) select which Employee(s), if any, to whom an election to receive Shares in
payment of their Cash Bonuses is to be extended;

(ii) determine the number of Shares to be issued to such Employee(s); and

(iii) determine the terms and conditions of such issuance, which are not
inconsistent with the Plan.

(d) The number of Shares to be issued in payment of any Cash Bonus under the Plan shall
be equal to the amount of the Cash Bonus divided by the Fair Market Value of a Share on the
date the Cash Bonus would otherwise be payable in cash, with any fractional share to be paid
in cash.

Section 2.3 — Tax Withholding

The Company or any Subsidiary shall have the authority and the right to deduct or withhold, or
require an Employee to remit to the Company, an amount sufficient to satisfy federal, state, local
and foreign taxes (including the Employee’s FICA or employment tax obligation) required by law to
be withheld with respect to any taxable event concerning an Employee arising as a result of the
Plan. The Committee may in its sole discretion and in satisfaction of the foregoing requirement
allow an Employee to elect to have the Company withhold shares of Common Stock otherwise issuable
in payment of a Bonus (or allow the surrender of shares of Common Stock). The number of shares of
Common Stock which may be so withheld or surrendered shall be limited to the number of shares which
have a Fair Market Value on the date of withholding or repurchase equal to the aggregate amount of
such liabilities based on the minimum statutory withholding rates for federal, state, local and
foreign income tax and payroll tax purposes that are applicable to such supplemental taxable
income.

ARTICLE III

ADMINISTRATION

Section 3.1 — Duties and Powers of the Committee

It shall be the duty of the Committee to conduct the general administration of the Plan in
accordance with its provisions. The Committee shall have the power to interpret the Plan and to
adopt such rules for the administration, interpretation and application of the Plan as are
consistent therewith and to interpret, amend or revoke any such rules.

Section 3.2 — Expenses; Professional Assistance; Good Faith Actions

All expenses and liabilities incurred by members of the Committee in connection with the
administration of the Plan shall be borne by the Company. The Committee may employ attorneys,
consultants, accountants, appraisers, brokers or other persons. The Committee, the Company and its
officers and directors shall be entitled to rely upon the advice, opinions or valuations of any
such persons. All actions taken and all interpretations and determinations made by the Committee
in good faith shall be final and binding upon the Company, all Employees to whom Shares are issued
and all other interested persons. No member of the Committee shall be personally liable for any
action, determination or interpretation made in good faith with respect to the Plan, and all
members of the Committee shall be fully protected by the Company in respect to any such action,
determination or interpretation.

Section 3.3 — Conditions to Issuance of Shares

(a) Notwithstanding anything herein to the contrary, the Company shall not be required
to issue or deliver any certificates or make any book entries evidencing shares of Common
Stock, unless and until the Board has determined, with advice of counsel, that the issuance
of such shares is in compliance with all applicable laws, regulations of governmental
authorities and, if applicable, the requirements of any exchange on which the shares of
Common Stock are listed or traded, and the shares of Common Stock are covered by an
effective registration statement or applicable exemption from registration. In addition to
the terms and conditions provided herein, the Board may require that an Employee make such
reasonable covenants, agreements and representations as the Board, in its discretion, deems
advisable in order to comply with any such laws, regulations or requirements.

(b) All Common Stock certificates delivered pursuant to the Plan and all shares issued
pursuant to book-entry procedures are subject to any stop-transfer orders and other
restrictions as the Committee deems necessary or advisable to comply with federal, state or
foreign securities or other laws, rules and regulations and the rules of any securities
exchange or automated quotation system on which the Common Stock is listed, quoted or
traded. The Committee may place legends on any Common Stock certificate or book entry to
reference restrictions applicable to the Common Stock.

(e) The Committee shall have the right to require any Employee to comply with any
timing or other restrictions with respect to any payment under the Plan, including a
window-period limitation, as may be imposed in the sole discretion of the Committee.

(f) No fractional shares of Common Stock shall be issued.

(g) Notwithstanding any other provision of the Plan, unless otherwise determined by the
Committee or required by any applicable law, rule or regulation, the Company shall not
deliver to any Employee certificates evidencing shares of Common Stock issued in connection
with any issuance and instead such shares of Common Stock shall be recorded in the books of
the Company (or, as applicable, its transfer agent or stock plan administrator).

(h) In the event of any stock dividend, stock split, combination or exchange of shares,
merger, consolidation or other distribution (other than normal cash dividends) of Company
assets to stockholders, or any other change affecting the Common Stock, the Committee shall
make equitable adjustments, if any, to reflect such change with respect to the aggregate
number of Shares that may be issued under the Plan (including, but not limited to,
adjustment of the limitation in Section 2.1(b) on the maximum number of Shares which may be
issued under the Plan).

(i) All issuances under the Plan shall be approved by the Committee and, at the time of
any such issuance, the Committee must be composed solely of at least two non-employee
directors as defined in Rule 16b-3 promulgated under the Securities Exchange Act of 1934, as
amended.

Section 3.4 — Compliance with Laws

The Plan and the issuance and delivery of shares of Common Stock and the payment of money
under the Plan are subject to compliance with all applicable federal, state, local and foreign
laws, rules and regulations (including, without limitation, state, federal and foreign securities
law and margin requirements) and to such approvals by any listing, regulatory or governmental
authority as may, in the opinion of counsel for the Company, be necessary or advisable in
connection therewith. Any securities delivered under the Plan shall be subject to such
restrictions, and the person acquiring such securities shall, if requested by the Company, provide
such assurances and representations to the Company as the Company may deem necessary or desirable
to assure compliance with all applicable legal requirements. To the extent permitted by applicable
law, the Plan and any agreements entered into under the Plan shall be deemed amended to the extent
necessary to conform to such laws, rules and regulations.

ARTICLE IV

OTHER PROVISIONS

Section 4.1 — Amendment, Suspension or Termination of the Plan

The Plan may be wholly or partially amended or otherwise modified, suspended or terminated at
any time or from time to time by the Committee.

Section 4.2 — Effect of Plan Upon Other Compensation Plans

The adoption of the Plan shall not affect any other compensation or incentive plans in effect
for the Company, any Parent Corporation or any Subsidiary. Nothing in the Plan shall be construed
to limit the right of the Company, any Parent Corporation or any Subsidiary to establish any other
forms of incentives or compensation for employees of the Company, any Parent Corporation or any
Subsidiary.

Section 4.3 — Titles

Titles are provided herein for convenience only and are not to serve as a basis for
interpretation or construction of the Plan.

* * * *

I hereby certify that the foregoing Plan was duly adopted by the Compensation Committee of the
Board of Directors of Live Nation, Inc. on March 13, 2008.

Executed on this 13th day of March, 2008.

/s/ Michael G. Rowles

Secretaryex8-k10_18.htm

     Exhibit 10.18 

     

    FIRST AMENDMENT TO THE AGREEMENT
CONCERNING 

     

    THE EXCHANGE OF SECURITIES BY AND
AMONG GEOBIO ENERGY, INC.,

     

     AND 

     

    GEOALGAE TECHNOLOGY, INC.,

     

    AND 

     

    THE SECURITY HOLDERS OF GEOALGAE
TECHNOLOGY, INC.

     

    THIS
FIRST AMENDMENT to the Agreement Concerning the Exchange of Securities by and
among GeoBio Energy, Inc., f/k/a Better Biodiesel, Inc., a Colorado corporation
(“GeoBio”) and GeoAlgae
Technology, Inc., a Wyoming corporation (“GAT”), and the Security
Holders of GeoAlgae Technology, Inc., dated January 10, 2008 (the “Agreement”), entered into this
_____day of March 2008, amends the Agreement as follows (the “Amendment”):

    RECITALS

     

    A.           
GeoBio, GeoAlgae and the shareholders of GeoAlgae (collectively, the “Parties”)
entered into an Agreement Concerning the Exchange of Securities on or about
January 10, 2008; 

     

    B.           
In furtherance of the Closing of the Agreement, the Parties wish to amend the
Agreement in order to restructure the terms of consideration; 

     

    C.           
Additionally, it is acknowledged that GeoBio was known as “Better BioDiesel,
Inc.,” at time of entry into the Agreement, but subsequently changed its name to
“GeoBio Energy”; 

     

    D.           
Unless otherwise defined in this Amendment, capitalized terms have the meaning
as defined in the Agreement. 

     

    Accordingly, the Parties
hereby agree as follows:

     

    1.      
In order to compensate for an increased number of issued and outstanding shares
of common stock of GeoBio relative to the Parties expectations at the time of
entry into the Agreement, the shares issued to GAT Security Holders shall be
increased by a factor of 1.175.  Additionally, the BBDS Performance Shares
shall be reallocated in order to account for the Parties modification of
expected revenue-segment targets.  Furthermore, the BBDS Performance Shares
shall be renamed the “GBOE Performance Shares” to reflect the company’s name
change.  Therefore, the 3rd and 4th paragraphs of the
Agreement are deleted in their entirety and replaced as follows:

     

    “WHEREAS,
all of the GAT Security Holders agree to exchange one hundred percent (100%) of
the GAT Stock they hold in GAT for five million, eight hundred seventy-five
thousand (5,875,000) shares of GeoBio Energy common stock (the "Shares").

     

    WHEREAS,
GeoBio Energy commits to make an additional five million, eight hundred
seventy-five thousand (5,875,000) shares available as additional consideration
issuable subject to performance based criteria (the "GBOE Performance Shares") as described in
Section 1.1(b) herein.”

     

    2.      
Consistent with Paragraph 1, above, Section 1.1 of the Agreement is hereby
deleted in its entirety and replaced as follows: 

     

                   
“1.1
       Issuance of Securities. 
Subject to the terms and conditions of this Agreement, GeoBio Energy
agrees to issue the Shares in exchange for one hundred percent (100%) of the
issued and outstanding GAT Stock held by the GAT Security Holders.  All
GeoBio Energy Shares will be issued directly to the GAT Security Holders on the
Closing Date (as hereinafter defined), pursuant to the schedule set forth in
Exhibit 1.1.

     

                                   
(a)          Upon Closing (defined
in Section 7.1), GeoBio Energy shall issue to the existing GAT Security Holders
the total aggregate amount of five million, eight hundred seventy-five thousand
(5,875,000) Shares; 

     

                                   
(b)           GeoBio Energy
commits to make an additional five million, eight hundred seventy-five thousand
(5,875,000) shares available as GBOE Performance Shares, issuable subject to
following performance based criteria: 

     

                                   
At a rate of one (1) GBOE Performance Share per each $1.25 of GAT’s
contribution to GeoBio Energy’s EBITDA arising during the five (5) year period
following the Closing either (i) from GAT’s algae-biofuel feedstock-growth
technology and/or fuel production based revenue or (ii) from GAT-facilitated
GeoBio acquisitions of existing oil and fuel distributor-based revenue
(i.e.> a $1,000,000 contribution to GeoBio Energy’s EBIDTA would result in
the issuance of 800,000 GBOE Performance Shares”).”

     

    3.      
In connection with the change in capitalization, Section 3.2 of the Agreement is
hereby deleted in its entirety and replaced as follows: 

     

                   
“3.2       
Capital. The authorized capital stock of GeoBio Energy consists of
two hundred million (200,000,000) shares of $0.01 par value common stock, of
which approximately thirty two million, five hundred thirty-nine thousand one
(32,539,001) shares are currently outstanding.  Five million, eight hundred
seventy-five thousand (5,875,000) additional shares will be issued pursuant to
this Agreement at the Closing; five million (5,000,000) shares of $0.01 par
value preferred stock of which none of which currently are outstanding. 
All of the outstanding common stock is duly and validly issued, fully paid and
non‐assessable. Currently, warrants to issue approximately one million, fifteen
thousand, two hundred ninety-four (1,015,294) shares of common stock remain
outstanding and options to issue thirty three thousand, three hundred thirty
four (33,334) shares of common stock.  There are no other outstanding
subscriptions, rights, debentures, instruments, convertible securities or other
agreements or commitments obligating GeoBio Energy to issue any additional
shares of its capital stock of any class.”

     

    4.      
In connection with the delay in the anticipated Closing date, Section 3.4 of the
Agreement is hereby deleted in its entirety and replaced as follows:

     

    “3.4 
Directors and Officers. The name and title of the director and executive officer of
GeoBio Energy are as follows:  

     

     

                                   
(a)

     

    
      	
              Name

               

            	
               

               

            	
               Position 

               

            
	
              David M. Otto

               

              Gary M. DeLaurentiis

               

              Alan Chaffee

            	
               

               

            	
              Director

               

              Director

               

              Director

            

    

     

                                   
(b)           Pursuant to this
Agreement, GeoBio Energy shall appoint two (2) GAT designees to the board of
directors, as follows:

     

    (i)                  
Upon Closing, GeoBio shall appoint Kenneth R. Bennett, and

     

    (ii)                
Within 60 days following the Closing, GeoBio shall appoint the second GAT
designee, the identity of whom shall be determined prior to such date, and whom
the Parties shall deem to be mutually acceptable.

     

                                   
(c)           Concurrent to
this Agreement, Kenneth R. Bennett and GeoBio Energy will execute an employment
agreement naming Kenneth R. Bennett the Chief Executive Officer of GeoBio Energy
and, as soon as practicable thereafter, GeoBio Energy will execute a
professional and consulting services agreement with Hydro-Safe Inc. and Resource
Capital Development, Inc. for scientific and other services outlined in the
Scope of Work in the Business Plan, and naming Ronald D. Lewis the Chief
Technology Officer of GeoBio Energy.  Upon execution of this Agreement, Mr.
Bennett shall have the authority to represent GeoBio as, and with the duties and
powers of, interim Chief Executive Officer, consistent with terms of his
employment agreement, which “interim” status shall be removed, and the
employment contract term shall commence, upon Closing; should the Parties fail
to reach the Closing, Mr. Bennett’s employment contract shall become null and
void. 

     

     

    5.      
In connection with the change in capitalization, Section 7.1 of the Agreement is
hereby deleted in its entirety and replaced as follows: 

     

                   
“7.1        Closing.
The closing of this Agreement shall be held at the offices of The Otto Law
Group, PLLC, or at any mutually agreeable place on or prior to March 10, 2008,
unless extended by mutual agreement (the “Closing”).  At the
Closing:

     

    (a)                
GAT shall deliver to Better Biodiesel (i) copies of Exhibit 1.2 executed by all of the GAT Security Holders, (ii) an assignment of
all of the GAT Stock to GeoBio, (iii) the officer’s certificate described in
Section 5.5, (iv) signed minutes of its directors approving this
Agreement.

     

    (b)                
GeoBio shall deliver to GAT (i) certificates representing five million, eight
hundred seventy-five thousand (5,875,000)  Shares of GeoBio issued in the
names of the GAT Security Holders, (ii) the officer’s certificate described in
Section 6.5, and (iii) signed minutes of its directors approving this
Agreement.” 

     

     

    6.    
Except as otherwise provided herein, all other terms of the Agreement remain in
full force and effect.

     

    7.  This Amendment
sets forth the entire understanding and agreement of the parties,
and   supersedes any and all prior contemporaneous oral or written
agreements or understandings between the parties as to the subject matter of
this Amendment.  This Amendment shall be governed by the laws of the State
of Colorado.  

     

     

    8.     This
Amendment may be executed by facsimile and in one (1) or more counterparts, each
of which shall be deemed an original, but all of which together shall constitute
one and the same instrument.

     

     

     

     

    [Signature blocks appear on the
following page]

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    IN
WITNESS WHEREOF, the Parties hereto have caused this Amendment to be executed as
of the date listed above.

     

     

     

     

     

    GEOBIO
ENERGY, INC., 

     

    f/k/a
Better Biodiesel,
Inc.                                                                                
                              
 

     

     

     

     

     

    By: ______________________________

    David
M. Otto

     

          
         Authorized Officer,
Director

     

           

     

     

     

     

     

    GEOALGAE TECHNOLOGY,
INC.    

     

     

     

     

     

     

     

    By: ______________________________

     

    Kenneth R.
Bennett                                           
               

     

    Chief Executive Officer,
Director

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