1. PLAYLOGIC INTERNATIONAL N.V., having its registered office at Concertgebouwplein 13, 1071 LL,
Amsterdam, the Netherlands, hereinafter referred to as "the Employer";
2. Stefan Layer, hereinafter referred to as "the Employee";
Declare to have agreed as follows:
3. Commencement data of the Employment Contract and position
3.1 The Employee enters into an employment contract with the Employer effective 1 April 2005 in the position of
COO/ Vice President Marketing & Sales responsible for Marketing, Sales and Licensing and undertakes to
perform all his duties which can be reasonably assigned to him by or on behalf of the Employer and which are
related to the company 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.
3.2 The customary working week comprises 40 hours.
4. Location where the work is to be performed
4.1 Upon the conclusion of the Employment Contract, the work will be performed in Amsterdam.
4.2 The Employer reserves the right to change the location where the work is to be performed. It is anticipated
that the Employee will work from Frankfurt on Fridays unless company business requires different. When the
company requires urgent business this day can change from Friday to Monday or the Employee is entitled to
work the next week two days instead of one day from Frankfurt.
5. Term of the Contract, trial period and termination
5.1 The term of the Contract is a permanent contract.
5.2 The first month after commencement of the contract will be a trial period. During this trial period every party
has the right to terminate the contract with immediate effect.
5.3 Without prejudice to the provisions in paragraph 3 of this Article concerning the trial period, after the trial
period the Contract can be terminated with due observance of a term of notice of six (6) months for the
Employer and a term of notice of three (3) months for t