<PAGE>

                                                                   EXHIBIT 10.11


THIS EMPLOYMENT AGREEMENT IS ENTERED INTO AS OF THE 25TH DAY OF NOVEMBER 2002.


BETWEEN:          TOUCHTUNES DIGITAL JUKEBOX INC., incorporated under the Canada
                  Business Corporations Act and with its head office at Three
                  Commerce Place, 4th floor, Nuns' Island, Verdun, Province of
                  Quebec, Canada H3E 1H7;

                  (hereinafter referred to as the "CORPORATION")

AND:              MR. GUY NATHAN, 80 BERLIOZ AVE., APT 1106, VERDUN, P.Q.
                  H3E 1N9

                  (hereinafter referred to as the "EXECUTIVE")

IT IS AGREED AS FOLLOWS:


         WHEREAS the Corporation wishes to retain the services of Executive to
provide the services hereinafter described during the term hereinafter set out;

         NOW THEREFORE THIS AGREEMENT WITNESS that in consideration of the
mutual covenants and agreements here contained and for other good and valuable
consideration, the parties agree as follows;

1        TERM

1.1      The Corporation shall employ Executive for an indefinite term, such
         employment shall commence on January 1, 2003.

2        DUTIES

2.1      The Corporation hereby confirms having agreed to engage Executive as
         Executive Vice President, Technology. In such capacity, Executive shall
         perform such duties and exercise such powers pertaining to such role
         for the Corporation and its affiliates.

2.2      By his acceptance hereof, Executive agrees to devote substantially all
         of his working time, attention and skill to the Corporation and to make
         every effort


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                                                                              2

         necessary to promote the success of the Corporation's business and
         perform adequately the duties that are assigned to him.

3        REPORTING PROCEDURES

3.1      Executive shall report directly to the President and Chief Executive
         Officer of the Corporation or such other person as designated by the
         Corporation from time to time.

4        REMUNERATION

4.1      The annual base salary payable to Executive for his services hereunder
         shall be CDN $170,000, exclusive of bonuses, benefits and other
         compensation. The annual base salary payable to Executive pursuant to
         the provisions of this Section 4 shall be payable in equal bi-weekly
         installments in accordance with the Corporation's normal practices
         less, in any case, any deductions or withholdings required by law.

4.2      The Corporation shall provide Executive with employee benefits
         comparable to those provided by the Corporation from time to time to
         other senior executives of the Corporation.

5        STOCK OPTIONS

5.1      Subject to the approval of the Board of Directors, Executive shall be
         granted, within 120 days from the commencement of his employment, an
         option to purchase shares of the common stock of TouchTunes Music
         Corporation (hereinafter "TTMC") in conformity with the TouchTunes
         Music Corporation 2000 Long-Term Incentive Plan. The number of options
         to be granted will be determined within the 120 day period and will be
         comparable to those provided to other senior executives of the
         Corporation.

5.2      Options shall vest over a four-year period in equal annual
         installments.

6        BONUS

6.1      Executive is entitled to an annual bonus. Said bonus shall be payable
         on an annual basis and within the following guidelines set by the
         compensation committee. Such bonus will be based upon the achievement
         of the budget plan ("BP") of the Corporation, as approved by the
         Corporation's Board of Directors and will be capped at 35% of base
         salary. The bonus will be based upon a prorated percentage of the
         Corporation's achievement versus BP as set out in Exhibit 1 to this
         agreement. In addition, Executive is entitled to an additional bonus at
         the discretion of the compensation committee up to an additional 10% of
         his annual base salary as set out in Exhibit 1.

6.2      Executive will be paid on signing a one-time signing bonus of
         CDN$10,000.


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                                                                              3

7        VACATION

7.1      Executive shall be entitled to four (4) weeks of paid vacation per
         fiscal year of the Corporation. Should Executive decide not to take all
         the vacation to which he is entitled in any fiscal year, Executive
         shall be entitled to take up to one (1) week of such vacation in the
         next following fiscal year. Upon termination under Section 9, Executive
         is entitled to payment for a maximum of one (1) week of unused
         vacation.

8        EXPENSES

8.1      Executive shall be reimbursed for all reasonable travel and other
         out-of-pocket expenses incurred by Executive from time to time in
         connection with carrying out his duties hereunder. For all such
         expenses Executive shall furnish to the Corporation supporting evidence
         for expenses in respect of which Executive seeks reimbursement.

8.2      Executive acknowledges that the Corporation leases a vehicle which it
         provides to Executive. For the duration of this lease, Executive agrees
         to reimburse the Corporation for the amount paid by the company for the
         lease and any other payments made by the Corporation in connection with
         the vehicle on behalf of the Executive. Upon expiration of the lease,
         the Corporation will not enter into any other vehicle leasing agreement
         on the Executive's behalf.

8.3      The Corporation shall also reimburse Executive for reasonable cost
         of training and professional development.

8.4      The Corporation shall provide Executive with adequate support and
         equipment to perform his duties.

9        TERMINATION

9.1      This agreement may be terminated, except for continuing obligations
         hereunder as at any such termination, in any of the following
         eventualities and with the following consequences:

9.1.1    at any time, for Cause, on simple notice from the Corporation to
         Executive the whole without any other notice or any pay in lieu of
         notice or any indemnity whatsoever from the Corporation to Executive,
         and any further claims or recourse by Executive against the Corporation
         or its affiliates in respect of such termination; or

         "CAUSE" shall mean cause for dismissal without either notice or payment
         in lieu of notice for reasons of fraud, embezzlement, gross negligence,
         willful and careless disregard or gross dereliction of duty, incapacity
         or refusal to perform employment functions due to drug use or alcohol
         addiction, conviction of a felony, serious breach of


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                                                                              4

         duty not corrected within thirty (30) days of notice to that effect
         and discriminatory practices governed by statute.

9.1.2    Upon three (3) months notice in writing from Executive to the
         Corporation, specifying his intention to resign, in which event the
         Corporation shall only be obliged to pay Executive his annual base
         salary hereunder for such remaining part of the period specified in the
         notice from Executive, and the Corporation shall have no further
         obligations.

9.1.3    Upon written notice from the Corporation to Executive in the event of
         termination of his employment without Cause, in which event the
         Corporation shall pay Executive an indemnity in lieu of notice equal to
         twelve (12) months of Executive's base salary at the time of
         termination, and the Corporation shall have no further obligations
         hereunder in the event of such termination. Such indemnity shall be
         paid to Executive over the twelve (12) month period following the
         effective date of termination, in accordance with normal and then
         current payroll practices of the Corporation. Executive shall have no
         further claims or recourse against the Corporation or any of its
         affiliates in respect of such termination; or

9.2      For Disability/Death

         9.2.1      The Corporation may immediately terminate this agreement by
                    notice to Executive if Executive becomes permanently
                    disabled. Executive shall be deemed to have become
                    permanently disabled in the event of any mental incapacity
                    or physical disability of such severity that Executive shall
                    have been unable to attend to any normal duties with the
                    Corporation for more than nine (9) consecutive months in any
                    year or for twelve (12) months out of any period of
                    twenty-four (24) consecutive months during the employment
                    period.

         9.2.2      This agreement shall terminate without notice upon the death
                    of Executive.

10       SEVERANCE PAYMENTS

10.1     Upon termination of Executive's employment for cause or by the
         voluntary termination of employment of Executive as set forth in
         Section 9.1.1 and 9.1.2, Executive shall not be entitled to any
         severance payment.

10.2     If Executive's employment is terminated for any reason other than the
         reasons set forth in Section 9.1.1 and 9.1.2, Executive shall be
         entitled to receive, an indemnity in lieu of notice equal to twelve
         (12) months of Executive's base salary at the time of termination, such
         indemnity shall be paid to Executive over the twelve (12) month period
         following the effective date of termination, in accordance with normal
         and then current payroll practices of the Corporation and, all unvested
         options that would have


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                                                                               5

         vested during the three (3) month period following the date of such
         termination shall become vested at the date of such termination.

10.3     Upon termination of Executive's employment for disability or death
         as set forth in Section 9.2, all options to purchase common shares
         in the share capital of TTMC granted to Executive shall become
         vested immediately.

11       CONFIDENTIALITY

11.1     Executive shall not, directly or indirectly, without the specific prior
         written consent of the Corporation, at any time after the date hereof,
         divulge to any business, enterprise, person, firm, corporation,
         partnership, association or other entity, or use for Executive's own
         benefit, (i) any confidential information concerning the businesses,
         affairs, customers, suppliers or clients of the Corporation or its
         affiliates, including, without limitation, any trade secret (process,
         plan, form, marketing strategy, etc.), all computer programs in any
         form (diskette, hard disk, tape, printed circuit, etc.), all access
         codes to computer programs together with any plan, sketch, diagram,
         card, contract, bid, price list and client list relative to the
         Corporation's business, or (ii) any non-public data or statistical
         information of the Corporation or its affiliates, whether created or
         developed by the Corporation or its affiliates or on their behalf or
         with respect to which Executive may have knowledge or access
         (including, without limitation, any of the foregoing created or
         developed by Executive), it being the intent of the Corporation and
         Executive to restrict Executive from disseminating or using any data or
         information that is at the time of such use or dissemination
         unpublished and not readily available or generally known to persons
         involved or engaged in businesses of the type engaged in from time to
         time by the Corporation (the "Confidential Information"). For purposes
         of this Employment Agreement, Confidential Information shall not be
         deemed to include:

         11.1.1   Information that, at the time of disclosure under this
                  Employment Agreement or during Executive's employment, is in
                  the public domain or that, after disclosure under this
                  Employment Agreement or in connection with Executive's
                  employment, becomes part of the public domain by publication
                  or otherwise through no action or fault of Executive or any
                  other party subject to an obligation of confidentiality;

         11.1.2   Information that the Corporation authorizes Executive to
                  disclose in writing; or

         11.1.3   Information that Executive is required to disclose pursuant to
                  a final court order that the Corporation has had an
                  opportunity to contest prior to any such disclosure.


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                                                                              6

11.2     This undertaking to respect the confidentiality of the Confidential
         Information and to not make use of or disclose or discuss it to or with
         any person shall continue to have full effect notwithstanding the
         termination of Executive's employment with the Corporation for a period
         of two (2) years following the date of such termination.

12       NON-SOLICITATION

12.1     Executive agrees that he shall not, during his employment and for a
         period of twelve (12) months following the termination of his
         employment, on his own behalf or on behalf of any person, whether
         directly or indirectly, in any capacity whatsoever, alone, through or
         in connection with any person, employ, offer employment to or solicit
         the employment or the engagement of or otherwise entice away from the
         employment of the Corporation or its subsidiaries, any individual who
         is employed by the Corporation or its subsidiaries at the time of the
         termination of Executive's employment or who was employed by the
         Corporation or its subsidiaries in the six (6) month period preceding
         the termination of Executive's employment.

13       NON-COMPETITION

13.1     Executive agrees that during the Employment Term and for a period of
         twelve (12) months after Executive ceases to be employed by the
         Corporation, Executive shall not, directly or indirectly, for
         Executive's own account or as an employee, officer, director, partner,
         joint venture, shareholder, investor, consultant or otherwise (except
         as an investor in a corporation whose stock is publicly traded and in
         which Executive holds less than 5% of the outstanding shares) engage in
         any business or enterprise, in the United States of America, that
         directly or indirectly competes with the business of the Corporation,
         as it exists now or in the future during the Employment Term.

14       INTELLECTUAL PROPERTY

14.1     For the purposes of this Agreement, the term "Inventions" means
         ideas, designs, concepts, techniques, inventions and discoveries,
         whether or not patentable or protectable by copyright and whether or
         not reduced to practice, including but not limited to devices,
         processes, drawings, works of authorship, computer programs, methods
         and formulas together with any improvement thereon or thereto,
         derivative works therefrom and know-how related thereto made, developed
         or conceived by Executive while at the employment of the Corporation
         during working hours using the Corporation's data or facilities and
         which relates to the Corporation's areas of business.

14.2     Executive shall assign and hereby does assign all Inventions to the
         Corporation. Executive shall disclose all Inventions in writing to the
         Corporation, shall assist the


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                                                                              7

         Corporation in preparing patent or copyright applications for
         Inventions, and execute said applications and all other documents
         required to obtain patents or copyrights for those Inventions and/or
         to vest title thereto in the Corporation, at the Corporation's
         expense, but for no additional consideration to Executive. In the
         event that the Corporation requires assistance under this Section
         after termination of employment, Executive shall provide such
         assistance at the cost and expense of the Corporation.

14.3     During the term of this Agreement or after termination, on request of
         the Corporation and at the cost and expense of the Corporation,
         Executive shall execute specific assignments in favor of the
         Corporation or nominees of any of the Inventions covered by this
         Section, as well as execute all papers and perform all lawful acts that
         the Corporation considers reasonably necessary or advisable for the
         preparation, prosecution, issuance, procurement and maintenance of
         patent or copyright applications and patents and copyrights for the
         Inventions, and for transfer of any interest Executive may have, and
         shall execute any and all papers and lawful documents required or
         necessary to vest title in the Corporation or its nominee in the
         Inventions.

15       ENFORCEABILITY

15.1     Executive hereby confirms and agrees that the covenants and
         restrictions pertaining to Executive contained in this agreement,
         including, without limitation those contained in Sections 11 to 15
         hereof, are reasonable and valid.

15.2     Without limiting the remedies available to the Corporation, Executive
         hereby expressly acknowledges and agrees that a breach of the covenants
         contained in Sections 11 to 15 may result in materially irreparable
         harm to the Corporation for which there is no adequate remedy at law;
         that it will not be possible to measure damages for such injuries
         precisely, and that, in the event of such a breach, the Corporation
         shall be entitled to obtain any or all of a temporary restraining order
         and a preliminary or permanent injunction restraining Executive from
         engaging in activities prohibited by the provisions of Sections 11 to
         15 or such other relief as may be required to enforce specifically any
         of the covenants of Sections 11 to 15. Such proceedings shall not
         preclude the Corporation from claiming for damages that it has
         suffered.

16       RETURN OF MATERIALS

16.1     All files, forms, brochures, books, materials, written correspondence,
         memoranda, documents, manuals, computer disks, software products and
         lists (including lists of customers, suppliers, products and prices)
         pertaining to the business of the Corporation or any of its affiliates
         and associates that may come into the possession or control of
         Executive shall at all times remain the property of the Corporation or
         such subsidiary or associate, as the case may be. On termination of
         Executive's


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                                                                              8

         employment for any reason, Executive agrees to deliver promptly to
         the Corporation all such property of the Corporation in the
         possession of Executive or directly or indirectly under the control
         of Executive. Executive agrees not to make for his personal or
         business use or that of any other party, reproductions or copies of
         any such property or other property of the Corporation.

17       GOVERNING LAW

17.1     This agreement shall be governed by and construed in accordance with
         the laws of the province of Quebec.

18       SEVERABILITY

18.1     If any provision of this agreement, including the breadth or scope of
         such provision, shall be held by any court of competent jurisdiction to
         be invalid or unenforceable, in whole or in part, such invalidity or
         unenforceability shall not affect the validity or enforceability of the
         remaining provisions, or part thereof, of this agreement and such
         remaining provisions, or part thereof, shall remain enforceable and
         binding.

19       NO ASSIGNMENT

19.1     Executive may not assign,  pledge or encumber  Executive's interest in
         this agreement nor assign any of the rights or duties of Executive
         under this agreement without the prior written consent of the
         Corporation.

20       SUCCESSORS

20.1     This agreement shall be binding on and inure to the benefit of the
         successors and assigns of the Corporation and the heirs, executors,
         personal legal representatives and permitted assigns of Executive.

21       SURVIVAL OF COVENANTS

21.1     Insofar as any of the obligations contained in this agreement are
         capable of surviving termination of this agreement they shall so
         survive and continue to bind Executive notwithstanding the termination
         of the agreement for whatsoever reason.

22       COMPLETE UNDERSTANDING

22.1     Once signed, this agreement replaces all prior written and/or oral
         agreements between Executive and the Corporation with regard to
         Executive's terms of employment with the Corporation including the
         consulting agreement entered into between the parties on May 16, 2002.
         This agreement may not be changed orally, but only in an agreement in
         writing signed by both parties.


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                                                                              9

23.      LEGAL ADVICE

23.1     Executive hereby represents and warrants to the Corporation and
         acknowledges and agrees that he had the opportunity to seek and was not
         prevented nor discouraged by the Corporation from seeking independent
         legal advice prior to the execution and delivery of this agreement and
         that, in the event that he did not avail himself of that opportunity
         prior to signing this agreement, he did so voluntarily without any
         undue pressure and agrees that his failure to obtain independent legal
         advice shall not be used by him as a defense to the enforcement of his
         obligations under this agreement.

24.      LANGUAGE

24.1     The parties hereto specifically requested that the present agreement be
         drawn up in English. Les parties aux presentes ont specifquement requis
         que cette convention soit redigee en anglais.



                            (SIGNATURES ON PAGE 10.)


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                                                                             10


IN WITNESS WHEREOF the parties hereto have executed this agreement as of the
date first above written.

                                             TOUCHTUNES DIGITAL JUKEBOX INC.

                                             /s/ Matthew Carson
                                             -----------------------------------
                                        per: Matthew Carson,
                                             Vice President Finance and CFO


                                             EXECUTIVE

                                             /s/ Guy Nathan
                                             -----------------------------------
                                             Guy Nathan

<PAGE>

                                   BONUS PLAN

                                    Exhibit I

<TABLE>
<CAPTION>
---------------------------------------------------------------------------------------------------------------------------
<S>                    <C>              <C>        <C>        <C>       <C>      <C>      <C>          <C>       <C>

Guy Nathan                                 Base:                  $170.00
  (C$ 000's)

                                                  Prorated                                Prorated
                                        ----------------------  -------------------------------------------------------

Company Results        Less than 90%     90%        95%       100%      110%     120%      130%        140%      150%
  Based Bonus


   Results %                0.00%        5.00%     11.50%     18.00%    21.40%   24.80%    28.20%      31.60%    35.00%

    Bonus $                 $0.00        $8.50     $18.55     $30.60    $36.38   $42.16    $47.94      $53.72    $59.50


                                                  Prorated                                Prorated
                                        ----------------------  -------------------------------------------------------

Discretionary          Less than 90%     90%        95%       100%      110%     120%      130%        140%      150%
   Bonus


   Results %                0.00%        5.00%      6.25%      7.50%    6.00%    8.50%     9.00%       9.50%    10.00%

    Bonus $                 $0.00        $8.50     $10.63     $12.75    $13.60   $14.45    $15.30      $16.15    $17.00


                                                  Prorated                                Prorated
                                        ----------------------  -------------------------------------------------------

 Total Bonus            Less than 90%     90%        95%       100%      110%     120%      130%        140%      150%

   Results %                0.00%        5.00%      5.00%      7.50%     8.00%    8.50%     9.00%       9.50%    10.00%

    Bonus $                 $0.00       $17.00     $30.18     $43.35    $49.98   $56.61    $63.24      $69.87    $76.50
 Bonus $/Base               0.00%       10.00%     17.75%     25.50%    29.40%   33.30%    37.20%      41.10%    45.00%

---------------------------------------------------------------------------------------------------------------------------
</TABLE>


<TABLE>
<CAPTION>
-----------------------------------------------------------------------------
<S>                       <C>           <C>               <C>

Tony Mastronardi
  (C$ 000's)



                          More than     Inc. % point      Inc. % point
Company Results              150%       under 100% BP     over 100% BP
  Based Bonus


   Results %               35.00%           1.30%             0.34%

    Bonus $                $59.50




                          More than     Inc. % point      Inc. % point
Discretionary                150%       under 100% BP     over 100% BP
   Bonus
                          ---------     -------------     ------------

   Results %               10.00%           0.25%             0.05%

    Bonus $                $17.00



                          More than
                             150%
 Total Bonus
                          ---------
   Results %               10.00%

    Bonus $                $76.50
 Bonus $/Base              45.00%

----------------------------------------------------------
</TABLE>



                                             /s/ Guy Nathan
                                          --------------------------
                                               Guy Nathan

<PAGE>

                                                                             11

                                  AMENDMENT TO
                              CONSULTING AGREEMENT
                               DATED MAY 15, 2002
                                     BETWEEN
                         TOUCHTUNES DIGITAL JUKEBOX INC.
                                       AND
                                   GUY NATHAN

      WHEREAS, TouchTunes Digital Jukebox Inc. ("TouchTunes") and Guy Nathan
("Nathan") have entered into an employment agreement dated November 25, 2002 and
effective January 1, 2003;

WHEREAS, TouchTunes and Nathan desire to extend the term of the Consulting
Agreement dated May 15, 2002 until December 31, 2002;

NOW, therefore, the parties hereby agree as follows:

Section 3.1:  The parties hereby agree to extend the Term until December 31,
2002

Section 3.7:  The parties hereby agree that the employment agreement dated
November 25, 2002 satisfies this clause and accordingly Nathan will not be
entitled to any severance payment under any section of the Consulting Agreement.

All other terms and conditions not specifically modified herein, shall remain in
full force and effect.

IN WITNESS WHEREOF, TouchTunes and Nathan have hereby agreed to this Amendment
as of the first date written above.

TouchTunes Digital Jukebox Inc.

BY:      /s/ Matthew Carson                              /s/ Guy Nathan
   -------------------------------               -------------------------------
     Matthew Carson                                Guy Nathan
     Vice President Finance, CFO

     November 25, 2002                             November 25, 2002
   -------------------------------               -------------------------------
     DATE                                          DATE



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