XEDAR CORPORATION July 1, 2008 Mr. Don W. Rakestraw Atlantic Systems Corporation Suite 1102 Arlington, VA 22202 Dear Don:Xedar Corp • July 3rd, 2008 • Blank checks
This letter confirms the terms of your employment by Atlantic Systems Corporation (Atlantic) as of the above date, and replaces any preceding employment agreements written or verbal. All terms of this agreement shall remain in effect for two years after you have realized $2.640 million in stock sales from the shares you received when Atlantic Systems was acquired by XeDAR unless your employment is terminated for any reason pursuant to the Termination section below.
