0001144204-15-017291 Sample Contracts

EMPLOYMENT AGREEMENT
Employment Agreement • March 19th, 2015 • Cullen Agricultural Holding Corp • Dairy products • New York

WHEREAS, the Company has entered into an Agreement and Plan of Reorganization (the “Merger Agreement”), dated as of December 31, 2014, 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;

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ESCROW AGREEMENT
Escrow Agreement • March 19th, 2015 • Cullen Agricultural Holding Corp • Dairy products • New York

This ESCROW AGREEMENT (this “Agreement”) is being made and entered into as of [●], 2015, by and among LONG ISLAND ICED TEA CORP., a Delaware corporation (“Holdco”), PHILIP THOMAS, in his capacity as the LIBB Representative under the Merger Agreement (as defined below) and herein (the “LIBB Representative”), PAUL VASSILAKOS, in his capacity as sole member of the Committee under the Merger Agreement (the “Committee”), and CONTINENTAL STOCK TRANSFER & TRUST COMPANY, as escrow agent (the “Escrow Agent”). Capitalized terms used herein that are not otherwise defined herein shall have the meanings ascribed to such terms in the Merger Agreement.

EMPLOYMENT AGREEMENT
Employment Agreement • March 19th, 2015 • Cullen Agricultural Holding Corp • Dairy products • New York

AGREEMENT dated as of ________, 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”);

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