EMPLOYMENT
CONTRACT
BETWEEN: Anticus International Corp.,
operating under the name of Green Yeast Corporation, a company
legally incorporated under the laws of Nevada, having a mailing
address at 2175 de la Montagne, in the city and district
of Montreal, Quebec, H3G 1Z8, acting and represented herein by Mr.
Henry Beaudet, chairman of the board, declaring duly
authorized, (hereinafter called the
"ANTICUS")
AND: Daniel TRUDEAU, residing at
137 De Reveillon a Boucherville, QC, J4B-6P8, (hereinafter called
the "TRUDEAU")
(Anticus and
TRUDEAU hereinafter collectively called "Parties")
PREAMBLE
WHEREAS Anticus
requires the services of TRUDEAU as President and CEO;
WHEREAS,
TRUDEAU agreed to provide ANTICUS his full-time services as
President and CEO;
WHEREAS the
parties wish to confirm their agreement in writing;
WHEREAS the
parties have the capacity and quality of exercise all the rights
necessary for the conclusion and implementation of the agreement
found in this contract;
THEREFORE THE
FOREGOING, THE PARTIES AGREE AS FOLLOWS:
1.00
PREAMBLE
The preamble is
an integral part of this contract.
2.00
PURPOSE
2.01
Services
TRUDEAU agrees
to assume full-time for ANTICUS (minimum of forty (40) hours per
week) the role of president and CEO during the entire duration of
the contract;
2.02
Term
This contract
is for an initial term of twelve (12) months, renewable for an
additional period of twelve (12) months unless either party
terminates it in writing at least three (3) months before the
expiration of the initial term;
3.00
CONSIDERATION
3.01 Service
Awards
In
consideration of the provision of services, ANTICUS to pay TRUDEAU,
as compensation;
• The gross amount of Canadian $
40 000 annually calculated at the rate of twelve (12) equal monthly
instalments consecutively of $ 3333.33 each, less
withholding taxes applicable;
• Five hundred thousand options
to acquire one (1) share of ANTICUS at a cost of $ 0.24 / per share
by June 30, 2008. Those options will vest (vested) as
follows:
- 125 000 at
December 15, 2006
- 125 000 at
March 15, 2007
- 125 000 at
June 15, 2007
- 125 000 at
September 15, 2007
Thus, in the
event of contract termination in accordance with the provisions
hereof, the then unvested options will automatically be
cancelled;
3.02
Expenditure incurred
ANTICUS will
reimburse Trudeau all reasonable expenses incurred in connection
with this Agreement, upon presentation of appropriate
documentation;
3.05 Terms
and conditions of payment
The price
payable by ANTICUS to TRUDEAU is as follows:
• The sum
of $3,333.33 on the 24th of each month from September 24,
2006.
• The
stock options will be delivered to the service provider according
to the following schedule;
- 125 000 options to buy shares
November 24, 2006
- 125 000 options to buy shares of
February 24, 2006
- 125 000 options to buy shares of
May 24, 2006
- 125 000 options to buy shares of
August 24, 2006
• Expenses
will be reimbursed on presentation of an expense account on the
24th of each month.
4.00 SPECIAL
PROVISIONS
4.01
Obligations of ANTICUS
4.02
ANTICUS agrees
and undertakes to TRUDEAU as follows:
a) ANTICUS to
bring TRUDEAU collaboration and will provide information necessary
to ensure the full and faithful discharge of services to be
rendered;
4.03
Obligation to TRUDEAU
TRUDEAU agrees
and undertakes to ANTICUS to the following:
a) The services
must be made full time in a professional manner, according to the
rules generally accepted by industry.
4.03
Commitment to confidentiality and nondisclosure
TRUDEAU
recognizes that certain disclosures to be provided by ANTICUS have
or may have considerable strategic importance, and therefore
represent trade secrets for purposes of this contract. During the
term of this Contract and for a period of thirty-six (36) months
following the end of it, TRUDEAU is committed to ANTICUS
to:
a) keep
confidential and not disclose the information;
b) take and
implement all appropriate m
