EMPLOYMENT AGREEMENTEmployment Agreement • April 18th, 2011 • Accelerated Acquisition X • Blank checks • California
This Employment Agreement (the “Agreement”) is entered into effective as of April 15, 2011 between Virolab, Inc. (the “Company”) and James A.D. Smith (“Smith”) (or collectively referred to as the “Parties”). The Company desires to retain Smith in the position of Chief Executive Officer to have the benefits of his expertise and knowledge. Smith, in turn, desires to be employed by the Company as its Chief Executive Officer. The Parties, therefore, enter into this Agreement to establish the terms and conditions of Smith’s employment as Chief Executive Officer of the Company.
