0001047469-11-000283 Sample Contracts

Amended and Restated Employment Agreement between Nexsan Corporation and Gene Spies
Employment Agreement • January 25th, 2011 • Nexsan Corp • Computer storage devices • California

This amended and restated agreement (the “Agreement”) replaces and supersedes the employment agreement you and Nexsan Corporation (the “Company”) signed on November 21, 2007 and your amended and restated employment agreement dated September 15, 2010. This Agreement sets forth the terms and conditions of your employment by the Company and your compensation. We encourage you to keep a copy for your own records, as it reflects your new employment status with the Company.

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Amended and Restated Employment Agreement between Nexsan Corporation and Philip Black
Employment Agreement • January 25th, 2011 • Nexsan Corp • Computer storage devices

This amended and restated EMPLOYMENT AGREEMENT (the “Agreement”) is effective on January 17, 2011 (the “Agreement Date”) between and among Nexsan Corporation (the “Company”) and Philip Black (“Executive”).

NEXSAN CORPORATION 555 St. Charles Drive, Suite 202 Thousand Oaks, CA 91360
Nexsan Corp • January 25th, 2011 • Computer storage devices

This letter is to confirm the previous agreement between Nexsan Corporation (the “Company”) and yourself to exercise your right to exchange (the “Exchange”) all of the four hundred sixty-four thousand two hundred eighty-three (464,283) shares of 6360319 Canada Inc. that were issued to you in connection with the Company’s purchase of AESign Evertrust Inc. (the “Exchangeable Shares”) for an equivalent number of shares of the Company’s common stock, subject to adjustment to give effect to any stock splits, dividends, recapitalizations or other similar events (the “Exchange Right”), prior to the completion of the Company’s Initial Public Offering (the “IPO”).

Amended and Restated Employment Agreement between Nexsan Corporation and Rik Mussman
Employment Agreement • January 25th, 2011 • Nexsan Corp • Computer storage devices • California

This agreement (the “Agreement”) replaces and supersedes the employment agreement you and Nexsan Corporation (the “Company”) signed on November 21, 2007 and amended effective April 7, 2008 and December 15, 2008. This Agreement sets forth the terms and conditions of your employment by the Company and your compensation. We encourage you to keep a copy for your own records, as it reflects your new employment status with the Company.

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