Europe and Asia - CONTRACT FOR EMPLOYMENT-ERIK FROBERG

CONTRACT between LHS Holding Germany GmbH



and Erik Froberg





JOB DEFINITION Responsibility for all LHS operations in Europe and Asia.



Member of the LHS board of directors. This agreement is not linked to the aforementioned membership.



Stationed in Frankfurt, Germany.



The intention is, to move to the US after 2-3 years and manage the entire LHS operations.

CONDITIONS Salary: 650 TDM whereof:

500 TDM fixed

150 TDM bonus (100%)

Bonus: less than 80% - 0

80% - 75 TDM

90% - 112,5 TDM

100% - 150 TDM

110% - 275 TDM

...