0001104659-03-010748 Sample Contracts

AMENDED AND RESTATED EMPLOYMENT AGREEMENT
Employment Agreement • May 20th, 2003 • Qsound Labs Inc • Patent owners & lessors • Alberta

dated as of October 1, 2002 between David Gallagher, 311 Diamond Willow Point, Calgary, AB T3Z 2Z5, phone 403 242 0826, fax 403 242 9105 (“Executive”) and QSound Labs, Inc., 400 – 3115 12th Street NE, Calgary, AB T2E 7J2, phone 403 291 2492, fax 403 250 1521 (“QSound”).

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OPTION AGREEMENT
Option Agreement • May 20th, 2003 • Qsound Labs Inc • Patent owners & lessors

OPTION AGREEMENT dated this *** day of ******, 2001 between QSound Labs, Inc., a body corporate, continued under the laws of the Province of Alberta, having its head office at 400 – 3115 12th Street NE, Calgary, AB T2E 7J2 (the “Company”) and ******* (the “Optionee”);

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