Document:

EX-10.2

EXHIBIT 10.2

			
	 	 	 
	
	 	Press Release               

Media Contact:

Lisa McLaughlin

513-368-1860

lmclaughlin@hsr.com

Cincinnati Bell Inc. Announces Management Changes

CINCINNATI – July 10, 2008 – Cincinnati Bell Inc. (NYSE: CBB) today announced that it has named
Brian Ross as the company’s chief operating officer (COO) and Gary Wojtaszek as its new chief
financial officer (CFO). Ross previously held the position of CFO for Cincinnati Bell. Both Ross
and Wojtaszek will report to Jack Cassidy, president and chief executive officer.

As COO,
Ross will oversee the daily management and performance of sales,
marketing, and operating activities across all of Cincinnati Bell’s business segments. Wojtaszek,
as CFO, will be responsible for Cincinnati Bell’s corporate accounting, finance, treasury, and tax
functions, as well as investor relations and corporate communications.  

Since joining Cincinnati Bell in 1995 as assistant treasurer, Ross has held a variety of management
positions including vice president of finance and accounting for Cincinnati Bell Wireless and
senior vice president of finance and accounting for Cincinnati Bell Inc. He was named CFO in 2004.
Ross serves on the boards of the KnowledgeWorks Foundation, Ursuline Academy, and Diamond Fiber
Composites Inc. In addition, he is on the boards of the Cincinnati Equity Fund and the New Markets
Fund, which provide funding for the City of Cincinnati’s urban
renewal initiatives. Ross holds a bachelor’s degree in economics, mathematics and statistics from Miami
University and a master’s degree in statistics from the University of California at Berkeley.

Wojtaszek most recently served as the senior vice president, treasurer, and chief accounting
officer for the Laureate Education Corporation in Baltimore, Md., where he was responsible for
global controller and treasurer functions. Previously, he was the vice

1

 

president of finance and principal accounting officer for Agere Systems Inc., a leading
manufacturer of integrated circuits used in telecommunications and networking equipment, hard-disk
drives, and other devices. Wojtaszek holds a bachelor’s degree in economics and history from
Rutgers University and a master’s degree in finance and accounting from Columbia University.

About
Cincinnati Bell Inc.

With headquarters in Cincinnati, Ohio, Cincinnati Bell provides integrated communications
solutions—including local, long distance, data, Internet, and wireless services—that help keep
residential and business customers in Greater Cincinnati and Dayton connected with each other and
with the world.

In addition, businesses ranging in size from start-up companies to large enterprises turn to
Cincinnati Bell for efficient, scalable office communications systems as well as complex
information technology solutions including data center and managed services.

Cincinnati Bell conducts its operations through three business segments: Wireline, Wireless, and
Technology Solutions. For more information, visit
www.cincinnatibell.com.

###EX-10.1

Exhibit 10.1

[DANA HOLDING CORPORATION LETTERHEAD]

July 1, 2008

Ralf Goettel

Reinzstrasse 3-7

Neu-Ulm, Bavaria 89233

Germany

Dear Ralf:

     On behalf of Dana Limited (“Dana”), I am pleased to inform you that Dana intends to provide
you with a Retention Incentive Award of one year’s salary (est. 320,000 €). The award is intended
to provide you a financial incentive to remain employed with the company and encourage your active
participation on several key business initiatives. Dana management believes your valuable services
are key to our ongoing success.

     This award will be payable to you in 18 months or at the accomplishment of several key
business initiatives (whichever comes first). In order to be eligible to receive the award you
must be an active Dana employee in good standing at the time of the occurrence of either of the
events described above and deliver the executed form of Release which is attached. Payment of the
award will be through the payroll process and will occur within thirty days subsequent to the first
of the above events to occur.

     We look forward to your ongoing contributions to the Business and have extended this award to
you with the expectation that you will continue to perform with the highest quality standards which
you have exhibited in the past.

     Congratulations and thank you for being part of our team.

	 	 	 	 	 
	 	Sincerely,

 	 
	 	/s/ Gary Convis
 	 
	 	Gary Convis, 	 
	 	Chief Executive OfficerEX-10.2

Exhibit
10.2

RELEASE

     This Release is entered into as of this 1st day of July, 2008, by and between Ralf Goettel
(hereinafter “Employee”) and Dana Limited. (“Dana”).

	 	1.	 	Dana agrees to provide Employee with the award in accordance with the terms provided
for in the letter to Employee from Dana dated July 1, 2008 (the “Letter”) after Employee
executes this Release and it becomes effective pursuant to its terms as set forth below.

	 	2.	 	Employee represents that Employee has not filed, and will not file, any complaints,
lawsuits, administrative complaints or charges relating to Employee’s employment with Dana
or any of its subsidiaries or affiliates; provided, however, that nothing contained in this
Release shall prohibit Employee from bringing a claim to challenge the validity of the
Release herein. In consideration of the award described in paragraph 1 above, Employee, on
Employee’s own behalf, and on behalf of Employee’s heirs, successors and assigns, hereby
release Dana, all of its past and present subsidiaries and affiliates, and all of its and
their past and present directors, officers, employees, employee retirement plans, employee
welfare plans; and all of its and their respective heirs, successors, and assigns from any
and all claims, charges, complaints, causes of action, demands, and liabilities that
Employee might otherwise have asserted arising out of Employee’s employment with Dana or
any of its subsidiaries or affiliates, including but not limited to those based on
contracts, discrimination or the payment of wages or other compensation paid as a result
of that employment (including but not limited to the payment of incentive compensation
otherwise provided pursuant to the EIC for 2008 in accordance with the 2007 Executive
Employment Agreement between the Employee and Dana Corporation). However, except as
provided herein, Employee is specifically not releasing rights, if any, to vested benefits
under any benefit plan maintained by Dana pursuant to which the employee claims to have
rights or any claims that may arise after the date on which Employee signs this Release
other than the possible claim for EIC that might otherwise be payable in April of 2009 for
the 2008 year. Those rights, and only those rights, survive unaffected by this Release.

	 	3.	 	The provisions of the Letter and this Release will be construed and enforced in
accordance with the laws of the State of Ohio, determined without regard to its choice of
law rules.

	 	4.	 	Employee further acknowledges and agrees that:

	 	a.	 	The award Employee is receiving pursuant to the Letter constitutes
consideration over and above any compensation or benefits that Employee might be
entitled to receive without executing this Release.

 

	 	b.	 	Dana advised Employee in writing to consult with an attorney prior to
signing the Release.

	 	c.	 	Employee was given a period of at least 21 days within which to
consider and sign the Release.

	 	d.	 	Dana has advised Employee of Employee’s right to revoke this Release at
any time within seven (7) days after signing of this Release Agreement by providing
written notice to the Chief Administrative Officer of Dana within this period and
that this Release will not become effective until the expiration of this seven-day
period.

	 	e.	 	The Employee understands that their rights pursuant to any benefit plan
or program maintained by Dana are unaffected by this Release but are dependent on
the terms and provisions of any such specific plan or program.

	 	f.	 	Employee warrants and represents that Employee’s decision to sign and
deliver this Release was (a) entirely voluntary on Employee’s part; (b) not made in
reliance on any inducement, promise or representation, whether express or implied,
other than the inducements, representations and promises expressly set forth in the
Letter; and (c) did not result from any threats or other coercive activities to
induce acceptance of the award or Release.

	 	g.	 	This Release is given in connection with and together with the
Employee’s continued good service to Dana constitutes consideration for the award
described in the Letter.

     In the event Employee decides to exercise Employee’s right to revoke within seven (7) days of
Employee’s execution of this Release, Employee must do the following: (a) notify Dana in writing
of Employee’s intent to revoke this Release as specified above and (b) simultaneously return in
full any award received from Dana under the Letter.

     The Employee has executed this Release on the date written below.

/s/ Ralf Goettel               

Employee: Ralf Goettel

Date: July 3, 2008

2ex107.htm

    Exhibit 10.7

     

     

    

    AMENDMENT
NO.1 REGISTRATION RIGHTS AGREEMENT

    

    Reference
is made to that certain registration rights agreement (the “Agreement”) dated
December 12, 2007 by and among Maple Mountain Explorations, Inc. (now known as
Pegasi Energy Resources Inc.), a Nevada corporation (the “Company”), and the
investors listed on the signature page thereof (the
“Buyers”).  Capitalized terms not otherwise defined herein shall have
the meaning ascribed thereto in the Agreement.

    

    WHEREAS,
under the terms of the Agreement, the Company was required to file with the SEC
and have declare effective a registration statement (the “Registration
Statement”) providing for the registration of the Common Stock issued pursuant
to the Securities Purchase Agreement as well as the shares of Common Stock
issuable upon exercise of the Warrants by May 18, 2008;

    

    WHEREAS,
the Company filed the Registration Statement by the Initial Filing Deadline and
has been in the process of responding to SEC comments as a result of which the
Company believes that it is unlikely that the Registration Statement will be
declared effective by the Initial Effectiveness Deadline; and

    

    WHEREAS,
the parties wish to amend the Agreement to extend the Initial Effectiveness
Deadline.

     

    NOW,
THEREFORE, for good and valid consideration the receipt and sufficiency of which
are hereby acknowledged, the Company and the undersigned Buyers hereby agree as
follows:

     

    
      	
              1.  

            	
              Section
      1(o) is hereby amended to read as
follows:

            

    

     

    “(o)           "Initial Effectiveness
Deadline" means the earlier of (I) the date which is (i) in the event
that the Initial Registration Statement is not subject to a full review by the
SEC, ninety (90) calendar days after the Closing Date or (ii) in the event that
the Registration Statement is subject to a full review by the SEC, two hundred
and ten (210) calendar days after the Closing Date and (II) the date which is
five (5) Business Days after the Company learns that no review of the
Registration Statement will be made by the staff of the SEC or that the staff of
the SEC has no further comments on the Registration Statement.”

     

     

    
      	
              2.  

            	
              Except
      as set forth herein, the provisions of the Agreement shall remain in full
      force and effect and are ratified and confirmed in all
      respects.

            

    

     

    
      	
              3.  

            	
              Provided
      that the Company and the Required Holders execute this amendment, it shall
      be binding upon each Buyer and the
Company.

            

    

    

     

    
      
        
        

      

      
        1

        
          

        

      

      
        
        

      

    

     

    IN WITNESS WHEREOF, the
undersigned Buyers and the Company have caused their respective signature page
to this amendment to be duly executed as of the ____ day of May
2008.

    

    

    

    PEGASI
ENERGY RESOURCES, INC.

     (formerly
known as

    Maple
Mountain Explorations, Inc.)

    

    

    By:
____________________________

    

    

    BUYERS
SIGNATURE PAGE TO

    PEGASI
ENERGY RESOURCES, INC.

    AMENDMENT
NO. 1 TO REGISTRATION RIGHTS AGREEMENT:

    

    

    BUYER:

    

    Name:

    

    

        By:
_________________________________

    

    
 

     

     

     

    2

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