This Employment Agreement (hereinafter referred to as “Agreement”) dated as of January 1, 2009 (the
“Effective Date”), by and between Vicor Technologies, Inc. (hereinafter referred to as the “Company”) and Jerry
M. Anchin whose mailing address is 2059 Lyndhurst N, Deerfield Beach, FL 33442 (hereinafter referred to as
WHEREAS, the Company desires to secure the services of the Executive upon the terms and conditions
hereinafter set forth: and
WHEREAS, the Executive desires to render services to the Company upon the terms and conditions
hereinafter set forth.
NOW, THEREFORE, the parties mutually agree as follows:
1. Employment. The Company hereby employs Executive and the Executive hereby accepts such employment
as Vice President and Director of Research and Development, subject to the terms and conditions set forth in this
2. Duties . The Executive shall serve as the Vice President and Associate Director of Research and
Development of the Company as set forth in Section 1 above. During the term of this Agreement, Executive shall
devote all of his business time to the performance of his duties hereunder unless otherwise authorized by a
majority of the Company’s Board of Directors. The Executive shall report directly to the Chief Executive Officer.
3. Term of Employment.
(a) The term of the Executive’s employment shall be for a period of thirty-six (36) months commencing on the
date hereof, subject to earlier termination by the Company pursuant to Section 6 hereof (the “Term”)
4. Compensation of Executive .
a. Base Salary. The Company shall pay to Executive a base salary (the “Base Salary”) of $156,000 Dollars
per annum, less such deductions as shall be required to be withheld by applicable law and regulations. All salaries
payable to Executive shall be paid at such regular weekly, biweekly or semi-monthly time or times as the
Company makes payment of its regular payroll in the regular course