THIS EMPLOYMENT AGREEMENT (the “Agreement”) is made and entered into to be effective
as of May 14, 2008 by and between ANTs software inc. , a Delaware corporation (the “Company”), and the
Executive set forth on the signature page hereof (the “Executive”).
NOW, THEREFORE , in consideration of the agreements of the parties contained herein, and for other
good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties agree
1. Employment . The Company hereby employs Executive to serve in such capacity and with
such title as are set forth on the signature page hereto (the “Position”), and Executive agrees to serve in the
Position with the Company , or to serve in such other position or positions as the Company may determine in its
sole discretion. The Executive hereby accepts such employment and agrees to devote his or her best efforts and
his or her full time and attention exclusively to the business and affairs of the Company, as such business and
affairs now exist and as they may be hereafter changed or augmented, under and pursuant to the general direction
of the Board of Directors of the Company (the “Board”) and the Chief Executive Officer of the Company. The
Company shall retain full direction and control of the manner, means and methods by which the Executive
performs the services for which he or she is employed hereunder and of the place or places at which such
services shall be rendered.
2. Term of Employment . The term of the Executive’s employment shall continue until terminated
by either party pursuant to the terms of this Agreement. Executive is employed by the Company “at will” and
Executive’s employment may be terminated at any time, by Executive or the Company, for any reason and for no
3. Compensation and Expenses .
(a) Salary . As compensation for the Executive’s services during the term o