THIS EMPLOYMENT AGREEMENT (“Agreement”) is effective as of September 1, 2002, by and between
URECOATS INDUSTRIES INC., a Delaware corporation with offices at Newport Center Plaza, 1239 East Newport Center
Drive, Suite 101, Deerfield Beach, Florida 33442 (the “Company”), and Dale Epperson an individual residing at 6430 Oak
Hill Drive, Granite Bay, California 95746 (the “Executive”).
W I T N E S S E T H :
WHEREAS, the Company wishes to employ the Executive and the Executive wishes to accept such employment,
subject to the terms and conditions hereinafter set forth.
WHEREAS, the Company wishes to memorialize the employment of the Executive in a formal Agreement and the
Executive wishes to enter into such Agreement, subject to the terms and conditions hereinafter set forth.
NOW THEREFORE, the parties hereto, in consideration of the premises and mutual promises contained herein and
for other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, agree as
1. EMPLOYMENT TERM . The Company hereby agrees to employ the Executive, and the Executive hereby
accepts such employment for a period beginning on September 1, 2002 through August 31, 2006, unless sooner
terminated in accordance with Section 6 hereof (the “Employment Period”).
2. POSITION; DUTIES . During the Employment Period, the Executive shall hold the title and position of
Senior Vice President of Market Development of the Company and shall have the duties and responsibilities usually
vested in such capacity, as determined from time to time by the Board of Directors, and such other duties and
responsibilities as may be assigned to him from time to time by the Board of Directors, Chief Executive Officer and/or
President of the Company.
3. MANNER OF PERFORMANCE . The Executive shall serve the Company and devote all his business time,