0001127855-06-000637 Sample Contracts

STOCK GRANT AND GENERAL RELEASE AGREEMENT
Stock Grant and General Release Agreement • November 28th, 2006 • Material Technologies Inc /Ca/ • Industrial instruments for measurement, display, and control • California

This Stock Grant and General Release Agreement (“Agreement”) is entered into effective this 21st day of November, 2006 (the “Effective Date”) by and between Material Technologies, Inc., a Delaware corporation (“MaTech”), and Robert M. Bernstein, an individual (“Bernstein”). MaTech and Bernstein shall each be referred to as a “Party” and collectively as the “Parties.”

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EMPLOYMENT AGREEMENT
Employment Agreement • November 28th, 2006 • Material Technologies Inc /Ca/ • Industrial instruments for measurement, display, and control • California

THIS EMPLOYMENT AGREEMENT (“Agreement”) is effective as of October 1, 2006, between Material Technologies, Inc., a Delaware corporation (“Company”), and Robert M. Bernstein, an individual (“Employee”).

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