0001467809-10-000028 Sample Contracts

SECURITIES PURCHASE AGREEMENT
Securities Purchase Agreement • January 29th, 2010 • New Energy Technologies, Inc. • Industrial organic chemicals • New York

This Securities Purchase Agreement (this “Agreement”) is dated as of February 8, 2008, among Octillion Corp, a Nevada corporation (the “Company”), and each purchaser identified on the signature pages hereto (each, including its successors and assigns, a “Purchaser” and collectively the “ Purchasers”).

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NONSTATUTORY STOCK OPTION AGREEMENT
Nonstatutory Stock Option Agreement • January 29th, 2010 • New Energy Technologies, Inc. • Industrial organic chemicals • Nevada

THIS NONSTATUTORY STOCK OPTION AGREEMENT (“Agreement”) is made and entered into as of December 15, 2009, by and between New Energy Technologies, Inc. a Nevada corporation (the “Company”), and Meetesh Patel (“Optionee”):

NEWENERGYTECHNOLOGIES, INC. Burtonsville, MD 20866 Telephone: (800) 213-0689• Facsimile(240) 390-0603
Stock Option Agreement • January 29th, 2010 • New Energy Technologies, Inc. • Industrial organic chemicals • New York

This letter sets forth the terms and conditions of your continued employment by New Energy Technologies, Inc. (the “Company").

Option Agreement
Option Agreement • January 29th, 2010 • New Energy Technologies, Inc. • Industrial organic chemicals • Florida

This Agreement is made and entered into to be effective the 20th day of May, 2009 (“Effective Date”), by and between the UNIVERSITY OF SOUTH FLORIDA RESEARCH FOUNDATION, INC., a corporation not for profit under Chapter 617 Florida Statutes, and a direct support organization of the University of South Florida (“UNIVERSITY”) pursuant to section 1004.28 Florida Statutes, having its principal office at 4202 East Fowler Avenue, ADM200, Tampa, Florida 33620, U.S.A. (hereinafter referred to as “RESEARCH FOUNDATION”), and New Energy Solar Corporation. (hereinafter referred to as “OPTIONEE”) a corporation organized under the laws of Florida having its principal offices at 8875 Hidden River Parkway, Suite 300, Tampa, FL 33637.

Contract
New Energy Technologies, Inc. • January 29th, 2010 • Industrial organic chemicals
RESEARCH AGREEMENT BY AND BETWEEN NEW ENERGY SOLAR CORPORATION AND THE UNIVERSITY OF SOUTH FLORIDA
Research Agreement • January 29th, 2010 • New Energy Technologies, Inc. • Industrial organic chemicals • New York

THIS RESEARCH AGREEMENT IS MADE AND ENTERED INTO BY AND BETWEEN NEW ENERGY SOLAR COPRORATION (a wholly owned subsidiary of New Energy technologies, Inc.), a corporation having a place of business located at 8875 Hidden River Parkway, Suite 300, Tampa, FL 33637 (“New Energy”), and the University of South Florida Board of Trustees, a public body corporate ("University"), for support to the project entitled “(Semitransparent Flexible Power Foil (SFPF))”. For consideration of the mutual promises, covenants, and obligations contained herein, New Energy hereby retains the University to undertake certain activities described in Attachment 1. The parties agree as follows:

Contract
Employment Termination Agreement • January 29th, 2010 • New Energy Technologies, Inc. • Industrial organic chemicals • New York

AGREEMENT (this “Agreement”) dated as of October 15, 2008, by and between Nicholas Cucinelli, a resident of the State of Michigan (the “ Executive ”), and Octillion Corp., a Nevada corporation (the “ Company ”).

New Energy Technologies, Inc. SUBSCRIPTION AGREEMENT The Offer and Sale of up to 10,000,000 Shares of Common Stock In Accordance with the Prospectus Dated <>, 2010 Offering Price - $<> per share
Subscription Agreement • January 29th, 2010 • New Energy Technologies, Inc. • Industrial organic chemicals

In order to purchase shares of common stock, $.001 par value per share (the “Shares”) of New Energy Technologies, Inc., a Nevada corporation (the “Company”), as described in, and in accordance with, the Prospectus dated _________, 2010 (the “Prospectus”) accompanying this Subscription Agreement, a prospective investor must complete and sign this Subscription Agreement.

VERYST Engineering® LLC 47A Kearney Road Needham, MA 02494 ®
New Energy Technologies, Inc. • January 29th, 2010 • Industrial organic chemicals
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