U.S. ENERGY SYSTEMS, INC. STOCK OPTION AGREEMENT Name of Optionee: Lawrence I. Schneider Date of Grant: May 10, 2000 Number of Shares Subject to Option: 1,000,000 Exercise Price Per Share: $4.00 Type of Option: Non-qualified Stock Option Expiration...U S Energy Systems Inc • July 26th, 2000 • Electric, gas & sanitary services
EMPLOYMENT AGREEMENT THIS EMPLOYMENT AGREEMENT ("Agreement "), dated as of May 10, 2000, between US ENERGY SYSTEMS, INC., a Delaware corporation (the "Company"), and Lawrence Schneider (the "Executive"). W I T N E S S E T H: WHEREAS, the Company's...Employment Agreement • July 26th, 2000 • U S Energy Systems Inc • Electric, gas & sanitary services • New York
U.S. ENERGY SYSTEMS, INC. STOCK OPTION AGREEMENT Name of Optionee: Goran Mornhed Date of Grant: May 10, 2000 Number of Shares Subject to Option: 187,500 Exercise Price Per Share: $3.00 Type of Option: Non-qualified Stock Option Expiration Date: May 9,...Option Agreement • July 26th, 2000 • U S Energy Systems Inc • Electric, gas & sanitary services
EMPLOYMENT AGREEMENT THIS EMPLOYMENT AGREEMENT ("Agreement "), dated as of May 10, 2000, between US ENERGY SYSTEMS, INC., a Delaware corporation (the "Company"), and Goran Mornhed (the "Executive"). W I T N E S S E T H: WHEREAS, the Company's business...Employment Agreement • July 26th, 2000 • U S Energy Systems Inc • Electric, gas & sanitary services • New York
U.S. ENERGY SYSTEMS, INC. STOCK OPTION AGREEMENT Name of Optionee: Goran Mornhed Date of Grant: May 10, 2000 Number of Shares Subject to Option: 562,500 Exercise Price Per Share: $3.00 Type of Option: Non-qualified Stock Option Expiration Date: May 9,...Stock Option Agreement • July 26th, 2000 • U S Energy Systems Inc • Electric, gas & sanitary services
U.S. ENERGY SYSTEMS, INC. STOCK OPTION AGREEMENT Name of Optionee: Lawrence I. Schneider Date of Grant: May 10, 2000 Number of Shares Subject to Option: 750,000 Exercise Price Per Share: $3.00 Type of Option: Non-qualified Stock Option Expiration...Stock Option Agreement • July 26th, 2000 • U S Energy Systems Inc • Electric, gas & sanitary services
