0001144204-15-035017 Sample Contracts

INDEMNIFICATION AGREEMENT
Indemnification Agreement • June 2nd, 2015 • Long Island Iced Tea Corp. • Beverages • Delaware

This Agreement, made and entered into as of the 27th day of May 2015 (“Agreement”), by and between Long Island Iced Tea Corp., a Delaware corporation (“Corporation”), and __________ (“Indemnitee”):

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EMPLOYMENT AGREEMENT
Employment Agreement • June 2nd, 2015 • Long Island Iced Tea Corp. • Beverages • New York

WHEREAS, the Company has entered into an Agreement and Plan of Reorganization (the “Merger Agreement”), dated as of December 31, 2014 and amended as of April 23, 2015, by and among the Company, Cullen Agricultural Holding Corp. (“Cullen Ag”), Cullen Merger Sub, Inc., LIBB Acquisition Sub, LLC, LIBB and the founders of LIBB;

EMPLOYMENT AGREEMENT
Employment Agreement • June 2nd, 2015 • Long Island Iced Tea Corp. • Beverages • New York

AGREEMENT dated as of May 27, 2015 between Thomas Panza, residing at _____________ (“Employee”), and Long Island Brand Beverages LLC, a New York limited liability company having its principal office at 116 Charlotte Avenue, Hicksville, NY 11801 (“Company”);

LOCK-UP AGREEMENT
Lock-Up Agreement • June 2nd, 2015 • Long Island Iced Tea Corp. • Beverages

In connection with the Agreement and Plan of Reorganization (the “Merger Agreement”), dated as of December 30, 2014, by and among Cullen Agricultural Holding Corp, Long Island Iced Tea Corp. (the “Company”), Cullen Merger Sub, Inc., LIBB Acquisition Sub, LLC, Long Island Brand Beverages LLC and Phil Thomas and Thomas Panza, to induce the parties to consummate the transactions contemplated by the Merger Agreement, the undersigned agrees not to, either directly or indirectly, during the “Restricted Period” (as hereinafter defined):

REGISTRATION RIGHTS AGREEMENT
Registration Rights Agreement • June 2nd, 2015 • Long Island Iced Tea Corp. • Beverages • New York

THIS REGISTRATION RIGHTS AGREEMENT (this “Agreement”) is entered into as of the 27th day of May, 2015, by and among Long Island Iced Tea Corp., a Delaware corporation (the “Company”), and the members of Long Island Brand Beverages LLC executing the signature page hereto (the “Stockholders”).

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