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Re: Steady_T post# 190799

Monday, 07/16/2012 2:44:14 PM

Monday, July 16, 2012 2:44:14 PM

Post# of 312015
Sure will. This passage is HILARIOUS!

When they fire Ingham, will nobody know?

This is hilarions stuff. You can't make up good fiction like this:

(b) Protection of Plastic2Oil Trade Secrets. The Company has certain extremely valuable and confidential information in the nature of trade secrets relating to its Plastic2Oil processor (“Plastic2Oil Trade Secrets”). The Plastic2Oil Trade Secrets consist of know-how, formulas, designs and catalyst compositions. Currently, Employee is the only person with knowledge of these Plastic2Oil Trade Secrets. Company and Employee agree that within three months of the execution of this Agreement, these Plastic2Oil Trade Secrets shall be known to Employee and one other employee of P2O. Such employee will remain nameless and only be known to Matthew Ingham, the Chief Financial Officer of the Company. Due to the sensitive nature of these Trade Secrets, no member of the Company’s Board of Directors or Executive Management shall be privy to this information. Any writings reflecting or relating to these Plastic2Oil Trade Secrets are now and shall in the future be kept locked in a bank vault. That bank vault shall not be opened, except in the event of the death or incapacity of Employee or the other employee and only then upon a resolution of the Company’s Board of Directors. To the extent that this provision is inconsistent with or contrary to anything in the more general provisions of Article IV of this Agreement, this paragraph 1.4 (b) shall govern.


http://www.sec.gov/Archives/edgar/data/1381105/000121390012002764/f8k051512ex10ii_jbi.htm

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