Verses AI Inc. Sample Contracts

EMPLOYMENT CONTRACT (Executive)
Employment Contract • July 14th, 2025 • Verses AI Inc. • Services-computer programming, data processing, etc. • California

This Employment Contract (the “Contract”) is entered into by and between VERSES, INC., a Wyoming for-profit corporation with a principal place of business at 5877 Obama Blvd., Ste. 133, Los Angeles, CA U.S.A. (“Company”); and Gabriel René (“Executive”), an individual resident of the State of California, U.S.A. as of this 31st day of December, 2021 (the “Effective Date”).

VERSES AI INC. 2,750,000 Units AGENCY AGREEMENT
Agency Agreement • April 25th, 2025 • Verses AI Inc. • Services-computer programming, data processing, etc. • New York

VERSES AI Inc., a corporation organized under the laws of the Province of British Columbia, Canada (the “Company”), confirms its agreement with Clear Street LLC (“Clear Street”) and A.G.P. Canada Investments ULC (“AGP”) (collectively, the “Agents”), acting severally and not jointly, for whom Clear Street and AGP are acting as representatives (in such capacity, the “Representatives”), with respect to the offer through the Agents for sale directly by the Company on a “reasonable best efforts” basis, of the respective numbers of units of the Company (the “Units”) (the “Offered Securities”).Each Unit shall be comprised of (i) one class A subordinate voting share of the Company (each a “Unit Share”) and (ii) one half of one transferable class A subordinate voting share purchase warrant (each whole warrant, a “Warrant”). Each Warrant shall entitle the holder thereof to acquire one class A subordinate voting share (each, a “Warrant Share”) at an exercise price of CDN $5.00 per Warrant Share f

ISDA® International Swaps and Derivatives Association, Inc. dated as of October 31, 2025
2002 Master Agreement • December 4th, 2025 • Verses AI Inc. • Services-computer programming, data processing, etc.

have entered and/or anticipate entering into one or more transactions (each a “Transaction”) that are or will be governed by this 2002 Master Agreement, which includes the schedule (the “Schedule”), and the documents and other confirming evidence (each a “Confirmation”) exchanged between the parties or otherwise effective for the purpose of confirming or evidencing those Transactions. This 2002 Master Agreement and the Schedule are together referred to as this “Master Agreement”.

SUBJECT: SHARING ARRANGEMENT TRANSACTION
Sharing Arrangement Transaction • December 4th, 2025 • Verses AI Inc. • Services-computer programming, data processing, etc. • British Columbia

This communication is to set forth the terms and conditions of the sharing arrangement transactions entered into on the Trade Date referred to below (the “Sharing Arrangement Transactions”), between Sorbie Bornholm LP, a limited partnership (“Sorbie” or “we”) and VERSES AI Inc., a corporation incorporated under the laws of the Province of British Columbia (“Counterparty” or “you”). This communication constitutes a “Confirmation” as referred to in the ISDA Master Agreement specified below.

THIS THIRD SUPPLEMENTAL WARRANT INDENTURE is made as of the 31st day of March, 2023. BETWEEN: VERSES AI INC., a company incorporated under the laws of the Province of British Columbia (the “Company”) AND:
Warrant Indenture • September 20th, 2024 • Verses AI Inc. • Services-computer programming, data processing, etc.

ENDEAVOR TRUST CORPORATION, a Trust Company authorized in British Columbia, Alberta, Manitoba and Saskatchewan and incorporated under the laws of the Province of British Columbia

Employment Contract Executive: Kevin Wilson
Employment Agreement • July 14th, 2025 • Verses AI Inc. • Services-computer programming, data processing, etc. • California

This Employment Contract (the “Contract”) is entered into by and between VERSES Solutions, Inc., a Wyoming for-profit corporation with a principal place of business at 2121 Avenue of the Stars, 8th Floor, Los Angeles, CA 90067. (“Company”); and Kevin Wilson (“Executive”), an individual resident of the State of California, U.S.A., as of March 1st, 2025 {the “Effective Date”).

THIS FIRST SUPPLEMENTAL WARRANT INDENTURE is made as of the 28th day of February, 2023. BETWEEN: VERSES TECHNOLOGIES INC., a company incorporated under the laws of the Province of British Columbia (the “Company”) AND:
First Supplemental Warrant Indenture • July 14th, 2025 • Verses AI Inc. • Services-computer programming, data processing, etc.

ENDEAVOR TRUST CORPORATION, a Trust Company authorized in British Columbia, Alberta, Manitoba and Saskatchewan and incorporated under the laws of the Province of British Columbia

SUBSCRIPTION AGREEMENT
Subscription Agreement • December 4th, 2025 • Verses AI Inc. • Services-computer programming, data processing, etc. • England and Wales
THIS SECOND SUPPLEMENTAL WARRANT INDENTURE is made as of the 21st day of March, 2023. BETWEEN:
Warrant Indenture • September 20th, 2024 • Verses AI Inc. • Services-computer programming, data processing, etc.

ENDEAVOR TRUST CORPORATION, a Trust Company authorized in British Columbia, Alberta, Manitoba and Saskatchewan and incorporated under the laws of the Province of British Columbia

THIS SECOND SUPPLEMENTAL WARRANT INDENTURE is made as of the 21st day of March, 2023. BETWEEN:
Warrant Indenture • July 14th, 2025 • Verses AI Inc. • Services-computer programming, data processing, etc.

ENDEAVOR TRUST CORPORATION, a Trust Company authorized in British Columbia, Alberta, Manitoba and Saskatchewan and incorporated under the laws of the Province of British Columbia

DIRECTOR COMPENSATION AGREEMENT
Director Compensation Agreement • July 14th, 2025 • Verses AI Inc. • Services-computer programming, data processing, etc.

THIS DIRECTOR COMPENSATION AGREEMENT (“Agreement”) is made and entered into as of June 15 2022 (the “Effective Date”) between Verses Technologies, Inc., a corporation formed under the laws of British Columbia, Canada (“VTI” or the “Company”) and G. Scott Paterson (the “Director”). Company and Director may be referred to herein as a “Party” or collectively as the “Parties.”

THIS THIRD SUPPLEMENTAL WARRANT INDENTURE is made as of the 31st day of March, 2023. BETWEEN: VERSES AI INC., a company incorporated under the laws of the Province of British Columbia (the “Company”) AND:
Third Supplemental Warrant Indenture • July 14th, 2025 • Verses AI Inc. • Services-computer programming, data processing, etc.

ENDEAVOR TRUST CORPORATION, a Trust Company authorized in British Columbia, Alberta, Manitoba and Saskatchewan and incorporated under the laws of the Province of British Columbia

UNDERWRITING AND AGENCY AGREEMENT
Underwriting and Agency Agreement • September 20th, 2024 • Verses AI Inc. • Services-computer programming, data processing, etc. • British Columbia
VERSES TECHNOLOGIES INC.
Warrant Indenture • July 14th, 2025 • Verses AI Inc. • Services-computer programming, data processing, etc. • British Columbia

as registrar and transfer agent for the Warrants and Class A Shares issuable upon exercise of the Warrants of VERSES TECHNOLOGIES INC.

VERSES AI INC. 1,007,764 Units AGENCY AGREEMENT
Agency Agreement • July 9th, 2025 • Verses AI Inc. • Services-computer programming, data processing, etc. • New York

VERSES AI Inc., a corporation organized under the laws of the Province of British Columbia, Canada (the “Company”), confirms its agreement with A.G.P. Canada Investments ULC (“A.G.P. Canada”) and A.G.P./Alliance Global Partners (A.G.P. U.S.) (collectively, the “Agents”), acting severally and not jointly, for whom A.G.P. Canada and A.G.P. U.S. are acting as representatives (in such capacity, the “Representatives”), with respect to the offer through the Agents for sale directly by the Company on a “reasonable best efforts” basis, of the respective numbers of units of the Company (the “Units”) (the “Offered Securities”).Each Unit shall be comprised of (i) one class A subordinate voting share of the Company (each a “Unit Share”) and (ii) one half of one transferable class A subordinate voting share purchase warrant (each whole warrant, a “Warrant”). Each Warrant shall entitle the holder thereof to acquire one class A subordinate voting share (each, a “Warrant Share”) at an exercise price o

DIRECTOR COMPENSATION AGREEMENT
Director Compensation Agreement • July 14th, 2025 • Verses AI Inc. • Services-computer programming, data processing, etc.

THIS DIRECTOR COMPENSATION AGREEMENT (“Agreement”) is made and entered into as of March 16, 2022, (the “Effective Date”) between Verses Technologies, Inc., a corporation formed under the laws of British Columbia, Canada (“VTI” or the “Company”) and Jonathan De Vos (the “Director”). Each of Company and Director may be referred to herein as a “Party” or collectively as the “Parties.”

DIRECTOR COMPENSATION AGREEMENT
Director Compensation Agreement • July 14th, 2025 • Verses AI Inc. • Services-computer programming, data processing, etc.

THIS DIRECTOR COMPENSATION AGREEMENT (“Agreement”) is made and entered into as of September 9, 2024 (the “Effective Date”) between Verses Al, Inc., a corporation formed under the laws of British Columbia, Canada (the “Company”) and Michael Blum (the “Director”). Each of Company and Director may be referred to herein as a “Party” or collectively as the “Parties.”