This Employment Agreement (“Agreement”) is made and entered into as of the 31 st
day of March, 2006, by and between Florida Public Utilities Company, a Florida corporation (the
“Company”), and John T. English (“Executive”).
WHEREAS, Executive has served as an executive officer of the Company and desires
to continue to serve the Company in that capacity, and the Company desires to continue to employ
Executive upon the terms and conditions hereinafter set forth.
NOW, THEREFORE, in consideration of the compensation and other benefits of
Executive’s employment by the Company and the recitals, mutual covenants and agreements hereinafter
set forth, Executive and the Company agree as follows:
Employment Services .
Executive is hereby employed by the Company, and Executive hereby
accepts such employment, upon the terms and conditions hereinafter set forth. During the Employment
Period (as defined below), Executive shall serve as President and Chief Executive Officer of the
Company. Executive shall also serve as a member of the Board of Directors of the Company (the
“Board”) and a member of the Executive Committee of the Board. Executive shall report solely and
directly to the Board .
Executive and the Company agree that, throughout the Employment
Period, Executive shall have such authorities, duties and responsibilities as are customarily assigned to
the President and Chief Executive Officer of an enterprise like the Company. Such duties,
responsibilities, and authorities shall include, without limitation, but subject to the authority and directions
of the Board, responsibility for the management, operation, strategic direction and overall conduct of the
business of the Company. During the Employment Period, the Executive shall devote substantially his
full business time and best efforts to the business of the Company. All other employees of the Company
shall report directly or indirectly to the Executive and not directly to the Board.