Executive Employment Agreement
1. PLAYLOGIC INTERNATIONAL N.V., having its registered office at Concertgebouwplein 13, 1071 LL,
Amsterdam, the Netherlands, hereinafter referred to as "the Employer"; and
2. Leo van de Voort, hereinafter referred to as "the Employee";
Declare to have agreed as follows:
3. Date of Employment and Position
3.1 The Employee enters into an employment agreement with the Employer effective as of May 1, 2005 in the
position of Chief Financial Officer and undertakes to perform, to the best of his abilities all the duties in
connection with the business of Employer which may be reasonably assigned to him by or on behalf of the
Employer, to the best of his ability and in so doing, to comply with the instructions he receives from or on behalf
of the Employer.
4. Location where the work is to be performed
4.1 The place of employment will be the office of Employer in Amsterdam, the Netherlands.
4.2 The Employer may require the Employee to perform services for any company part of Employer wherever
situated and without further fees or remuneration and to enter into any separate agreement with such company for
such purpose and any duties that he may have under this agreement will be deemed extended to such company.
5. Term of the agreement, trial period and termination
5.1 This agreement is entered into for an indefinite period of time but terminates in any event, without notice being
required, on the first day of the month on which the Employee reaches the age of 65.
5.2 The first month after commencement of this agreement will be a trial period. During this trial period both the
Employer and the Employee have the right to terminate this agreement without any further notice with immediate
5.3 Without prejudice to the provisions in article 3.2 this agreement may be terminated with due observance of a
term of notice of six (12) months for the Employer and a term of notice of three (6) months for the Employee.