EXECUTIVE EMPLOYMENT AGREEMENT
This EXECUTIVE EMPLOYMENT AGREEMENT (this “Agreement”) is made and entered into as of
the 19th day of March, 2008 by and between CLEAR SKIES SOLAR, INC., a Delaware corporation with
offices at 5020 Sunrise Highway, Suite 227, Massapequa Park, New York 11762 (the “Company”), and
THOMAS J. OLIVERI, an individual residing at 19 Arcadia Drive, Dix Hills, NY 11746 (“Executive”).
W I T N E S S E T H:
WHEREAS, the Executive desires to be employed by the Company as its President and the Company
wishes to employ Executive in such capacity;
NOW, THEREFORE, in consideration of the foregoing recitals and the respective covenants and
agreements of the parties contained in this document, the Company and Executive hereby agree as follows:
1. Employment and Duties . The Company agrees to employ and Executive agrees to serve as the
Company's President. The duties and responsibilities of Executive shall include the duties and responsibilities as
the Chief Executive Officer (“CEO”) or the Board may from time to time reasonably assign to Executive.
Executive shall devote substantially all of his working time and efforts during the Company's normal business
hours to the business and affairs of the Company and its subsidiaries and to the diligent and faithful performance
of the duties and responsibilities duly assigned to him pursuant to this Agreement.
2. Term . The term of this Agreement shall commence on the Effective Date and shall continue for a
period of two years and shall be automatically renewed for successive one year periods thereafter unless either
party provides the other party with written notice of his or its intention not to renew this Agreement at least three
months prior to the expiration of the initial term or any renewal term of this Agreement. “Employment Period”
shall mean the initial two-year term plus renewals, if any. The Effective Date shall be that date on which Executive
actually starts working full time under this A