EXECUTIVE EMPLOYMENT AGREEMENT
Amendment dated December 7, 2007 to Executive Employment Agreement dated April 30, 2001
between Hosting Site Network, Inc., a Delaware corporation (the “Company”) and Scott Vicari (the
WHEREAS, the Company and the Executive entered into an Executive Employment Agreement dated
April 30, 2001, as amended December 2, 2002, December 10, 2003, December 13, 2004, December 7, 2005,
and November 7, 2006 (the “Employment Agreement”) pursuant to which 3,000,000 shares of the Company’s
common stock (the “Shares”) were issued to the Executive; and
WHEREAS, the Shares were issued subject to forfeiture based upon the term of Executive’s
employment with the Company; and
WHEREAS, the Company has not commenced material operations and the parties deem it fair to
increase the term which Executive must serve to earn the Shares.
NOW, THEREFORE, the parties hereto agree as follows:
Conflict Resolution . In the event of any conflict between the provisions of this Amendment and
the provisions of the Employment Agreement the provisions of this Amendment shall control. Except as otherwise
provided herein, the provisions of the Employment Agreement shall continue with full force and effect.
Employment . Section 1 of the Employment Agreement is amended to read as follows:
“1. Employment. The Company hereby agrees to employ the Executive for a term beginning on the date
of this Agreement and ending April 30, 2011 as its President, CEO and Treasurer, and the Executive
hereby accepts such employment in accordance with the terms of this Agreement.”
Compensation . Section 3 of the Employment Agreement is amended to read as follows:
Compensation . The Executive will be paid compensation during this Agreement as
No base salary.
Execution . This Amendment may be executed in separate counterparts, each of which shall be
deemed to be