0001144204-08-063322 Sample Contracts

WARRANT PURCHASE AGREEMENT
Warrant Purchase Agreement • November 13th, 2008 • Vystar Corp

THIS CERTIFIES that, for value received, Universal Capital Management, Inc. of 2601 Annand Dr., #16, Wilmington, Delaware 19808, is entitled, subject to the terms and conditions set forth in this Warrant, to purchase from Vystar Corporation (“Company"), located at 3235 Satellite Blvd., Building 400, Suite 290, Duluth, GA 30096 One Million (1,000,000) shares of the Company’s common stock, par value $.0001 per share (the “Common Stock”), at a purchase price of ($.01) per share, exercisable for a period of up to Sixty (60) months commencing on the date hereof, subject to adjustment as provided in Section 5 below. This Warrant is issued pursuant to a Warrant Purchase Agreement between Universal Capital Management, Inc. and the Company, dated January 31, 2008, and is subject to all the terms thereof, including the vesting schedules set forth in Section 1 thereof, and the limitations on transferability set forth in Section 3 thereof.

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MANAGEMENT AGREEMENT
Management Agreement • November 13th, 2008 • Vystar Corp • Delaware

THIS MANAGEMENT AGREEMENT (“Agreement”) is dated January 31, 2008 (“Effective Date”) by and between UNIVERSAL CAPITAL MANAGEMENT, INC., a Delaware corporation (“Manager”), and VYSTAR CORPORATION, a Georgia corporation (“VYSTAR” or “Company”).

ADDENDUM TO MANAGEMENT AGREEMENT
Management Agreement • November 13th, 2008 • Vystar Corp

THIS ADDENDUM TO MANAGEMENT AGREEMENT (“Addendum”) dated February 29, 2008 is by and between UNIVERSAL CAPITAL MANAGEMENT, INC. and VYSTAR CORPORATION This Addendum amends and modifies that certain Management Agreement dated January 31, 2008 between the parties hereto.

EMPLOYMENT AGREEMENT
Employment Agreement • November 13th, 2008 • Vystar Corp • Georgia

THIS EMPLOYMENT AGREEMENT (“Agreement”) made and entered into on this 1st day of April, 2008 (the "Effective Date"), by and between Vystar Corporation, a Georgia corporation (the "Company"), and Sandra Parker, a resident of the State of Georgia ("Employee").

Manufacturing Agreement
Manufacturing Agreement • November 13th, 2008 • Vystar Corp • Georgia

This Co-Development and Cooperation Agreement (“Agreement”) is made and entered into by and between Vystar Corporation, a Georgia corporation in the United States with its principal offices located at 3235 Satellite Blvd., Building 400, Suite 290 Duluth, GA 30096 (hereinafter referred to as “Vystar”) and Revertex (Malaysia) Sdn. Bhd., a Malaysian company with its principal offices located at 1 ½ Mile, Jalan Batu Pahat, K.B. 508, 860009 Kluang, Johor, Malaysia (hereinafter referred to as “Revertex”), effective April 1, 2008 (“Effective Date”) based on the terms and conditions contained herein.

EXECUTIVE EMPLOYMENT AGREEMENT
Executive Employment Agreement • November 13th, 2008 • Vystar Corp • Georgia

THIS EXECUTIVE EMPLOYMENT AGREEMENT (“Agreement”) made and entered into on this 11th day of November, 2008 (the "Effective Date"), by and between Vystar Corporation, a Georgia corporation (the "Company"), and William R. Doyle, a resident of the State of Georgia ("Employee").

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