0001193125-06-120198 Sample Contracts

Contract
Part Time Employment Agreement • May 26th, 2006 • Charles & Colvard LTD • Jewelry, silverware & plated ware • North Carolina

THIS PART TIME EMPLOYMENT AGREEMENT (the “Agreement”), made effective as of the 31st day of May, 2006 by and between Charles & Colvard, Ltd., a North Carolina corporation with its mailing address at 300 Perimeter Park Drive, Suite A, Morrisville, NC 27560 (the “Company”), and Earl R. Hines, an individual with his mailing address at 1025 Quiet Ridge Circle, Raleigh, NC 27614 (the “Advisor”).

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