SEC Contract Filing

Filing Date: 2015-04-08

Document Content:
<DOCUMENT>
<TYPE>EX-10.2
<SEQUENCE>3
<FILENAME>v406446_ex10-2.htm
<DESCRIPTION>EXHIBIT 10.2
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<P STYLE="margin: 0; text-align: right"><B>Exhibit 10.2</B></P>

<P STYLE="margin: 0; text-align: right"><B>&nbsp;</B></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>EXECUTIVE EMPLOYMENT AGREEMENT</B></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B>THIS EXECUTIVE EMPLOYMENT AGREEMENT</B>
(the &ldquo;<U>Agreement</U>&rdquo;) is made and entered effective as of March 24, 2015 (&ldquo;<U>Effective Date</U>&rdquo;),
between Car Charging Group, Inc. a Nevada corporation, (the &ldquo;<U>Company</U>&rdquo;), whose principal place of business is
1691 Michigan Avenue, Suite 601, Miami Beach, Florida 33139 and Ira Feintuch, an individual (the &ldquo;<U>Executive</U>&rdquo;),
whose address is 4106 N. 48<SUP>th</SUP> Terrace, Hollywood, FL 33021.</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B><U>RECITALS</U></B></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in">A.<FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>The Company, through its Affiliates and subsidiaries, sells, installs, and maintains electric vehicle charging stations
located on municipal or privately owned real property within designated areas throughout the United States and abroad (the &ldquo;<U>Business</U>&rdquo;).</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in">B.<FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>The Executive is an individual with extensive experience in the EV charging industry as well as the Company and the Company
wishes to employ Executive as its Chief Operating Officer.</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 24.5pt"><B>NOW, THEREFORE</B>,
in consideration of the mutual agreements herein made, the Company and the Executive hereby agree as follows:</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 13.5pt">1.<FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><B><U>EMPLOYMENT</U></B>.<B> </B>The Company hereby agrees to employ Executive and Executive hereby accepts such employment
in his capacity of Chief Operating Officer, upon the terms and conditions hereinafter set forth. The Company may also direct that
the Executive serve as a member of its or its Affiliates&rsquo; Boards. In the event of service on any Board, the Executive may
receive additional compensation, consistent with that received by other employees that are Board Members. The Company may also
direct Executive to perform such duties for other entities which are now or may in the future be affiliated with the Company and
its Affiliates, subject to the limitation that Executive&rsquo;s overall time commitment is comparable to similarly situated executives.
Executive shall serve the Company and the Affiliates exclusively, faithfully, diligently and to the best of his ability; however,
nothing shall restrict Executive from participation in charitable endeavors. Executive agrees during the Term (as hereinafter
defined) of this Agreement to devote all of his full-time business efforts, attention, energy and skill to the performance of
his employment to furthering the interest of the Company and the Affiliates. During the Term (including any renewals thereof)
as defined, herein Executive shall have such duties and responsibilities commensurate with said position. For purposes of this
Agreement, &ldquo;<U>Affiliate</U>&rdquo; with respect to either Party, shall mean any entity which directly or indirectly controls
or is controlled by, or is under common control with that Party</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 13.5pt">2.<FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><B><U>COMPENSATION/BENEFITS</U></B>.
</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.75in">a.<FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><U>Salary</U>. Company shall pay Executive a base salary (the &ldquo;<U>Base Salary</U>&rdquo;), Two Hundred Fifty Thousand
Dollars ($250,000) per year paid in accordance with the Company&rsquo;s payroll policies and procedures for all employees.</P>

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