Exhibit 10.7

                         Executive Employment Agreement


The undersigned:


     1.   PLAYLOGIC   INTERNATIONAL   N.V.,  having  its  registered  office  at
          Concertgebouwplein   13,   1071  LL,   Amsterdam,   the   Netherlands,
          hereinafter referred to as "the Employer";

and

     2.   Jan Willem Kohne,  residing at Catharina van Rennesstraat 5-I, 1077 KW
          Amsterdam hereinafter referred to as "the Employee";

Declare to have agreed as follows:

1. Date of Employment and Position

     1.1. The Employee  enters into an  employment  agreement  with the Employer
          effective  as of November 1, 2005 in the  position of Chief  Financial
          Officer and  undertakes  to perform,  to the best of his abilities all
          the duties in  connection  with the business of Employer  which may be
          reasonably  assigned  to him by or on behalf of the  Employer,  to the
          best of his ability and in so doing,  to comply with the  instructions
          he receives from or on behalf of the Employer.

2.     Location where the work is to be performed

     2.1  The place of employment  will be the offices of Employer in Amsterdam,
          the Netherlands and New York, the United States of America.

     2.2  The  Employer  may require the  Employee to perform  services  for any
          company part of Employer wherever situated and without further fees or
          remuneration  and to  enter  into any  separate  agreement  with  such
          company  for such  purpose  and any duties that he may have under this
          agreement will be deemed extended to such company.

3. Term of the agreement and termination

     3.1. This  agreement is entered into for an  indefinite  period of time but
          terminates in any event,  without notice being required,  on the first
          day of the month on which the Employee reaches the age of 65.

     3.2. This  agreement  may be  terminated  with due  observance of a term of
          notice  of six (6)  months  for the  Employer  and a term of notice of
          three (3) months for the Employee.  This  provision  does not preclude
          either pf the  parties to  terminate  this  agreement  with  immediate
          effect for an "urgent  reason"  in the sense of  article  7:677  Dutch
          Civil Code.

     3.3. If the Employer has given notice of  termination to the Employee or if
          the employer has filed a request for  rescission of this  agreement by
          the court,  irrespective of the reason of such notice or such request,
          the Employer  may suspend the  employment  of the  Employee  until the
          termination  date.  During such  suspension  period,  the  Employee is
          entitled  to the base salary and fringe  benefits  but  excluding  any
          short or long term incentive.

4. Salary and fringe benefits

     4.1  The  Employee  shall  receive an annual base salary of (euro)  143,000
          gross.  This salary shall paid in twelve  instalments and includes the
          statutory  holiday allowance and shall be reviewed annually during the
          month of December. Salary adjustments,  if any, shall become effective
          per January 1 of the calendar year following the review.

     4.2  The  Employee  is  entitled  to the fringe  benefits  included  in the
          Employer's employments conditions  (Personeelshandboek)  in force from
          time  to  time.  A copy of  these  conditions  has  been  provided  to
          Employee.  Employer is  entitled  to amend and change the  employments
          conditions at his sole discretion.

     4.3  The Employee is entitled to receive 50% of the cost of the premiums of
          his private health insurance from the Employer.

     4.4  The  Employee  is entitled  to an one time  allowance  up to a maximum
          amount  of  (euro)  40,000  gross  to be  paid  in  December  2005  as
          compensation  for loss of bonus rights  Employee has under his current
          employment contract with his current Employer.

     4.5  In case this employment  agreement is terminated by the Employer prior
          to 1  November  2007 for  another  reason  than an  urgent  reason  in
          accordance  with article 7:677 Dutch Civil Code the Employee  shall be
          entitled to a termination allowance of one time his annual base salary
          of (euro)  143,000 gross which  allowance  includes the monthly salary
          payments due by the  Employer  during the notice  period  mentioned in
          article 3.2.

5. Short term and long term incentive schemes

     5.1  The Employee shall be entitled to receive a short term incentive up to
          a certain  percentage of his base salary mentioned in article 4.1. The
          pay  out of  the  short  term  incentive  shall  be  dependent  on the
          achievement by the Employee of certain preset  discretionary  targets.
          The percentage as well as the pay out shall be determined  annually by
          the Board of Directors in December  prior to the start of a new budget
          year.

     5.2  Subject to the approval by the Board of Directors  the Employee  shall
          be entitled to  participate  in a long term incentive plan of Employer
          in force from time to time.

6. Overtime

     6.1  The customary  working week  comprises 40 hours.  General office hours
          are from 09:00h to 17:30h.

     6.2  Upon  request of the Employer  Employee  undertakes  to work  overtime
          without any further compensation

7. Business expenses and car

     7.1  The Employer shall  compensate  the Employee for  reasonable  business
          expense  incurred in the  performance of his duties.  Compensation  is
          given  in  exchange  for  receipts,  etc.  This  includes  also  phone
          expenses,  fixed and mobile.  The Employee is entitled to the use of a
          company credit card for business expenses.

     7.2  The  Employee  is  entitled  to  a  company  car,  on  basis  of  full
          operational  lease  including  cost of fuel for a  maximum  amount  of
          (euro)  1400 per month excl.  VAT.  The  Employee  and his partner are
          entitled to use the company car for business and private purposes. All
          other cost  including  taxes related to the use of the car not covered
          by the operational lease amount are for the account of the Employee.

8. Holiday

     The  Employee is entitled to 26 working  days  holiday  leave per  calendar
          year, to be taken in proper consultation with the Employer.

9. Illness/disability

     9.1  In the  event of  illness  in the sense of Book 7,  Section  629 Dutch
          Civil Code,  the  Employee  must report his illness to the Employer as
          soon as possible,  but no later prior to 9.30 a.m. on the first day of
          illness.  The Employee  undertakes to comply with the rules related to
          reporting  and   monitoring  in  the  case  of  illness,   as  adopted
          periodically by the Employer.

     9.2  In the event of illness,  the Employer shall pay 100% of the salary as
          referred to in Article 4.1 from the first day for a maximum  period of
          52 weeks, calculated from the first day of illness. After the lapse of
          the period of 52 weeks mentioned in the first sentence of this article
          Employer  shall pay 70% of the salary as meant in article 4.1 during a
          period  with a maximum of 52 weeks  counted  from the first day of the
          53rd week  following the date of report  mentioned in article 9.1. The
          provisions apply if and insofar as the Employer is obligated to effect
          the payment referred to in Book 7, Section 629 paragraph 1 Dutch Civil
          Code on the basis of the provisions in (3) to (7)  inclusive,  and (9)
          of Book 7,  Section  629 Dutch  Civil  Code.  In case  applicable  Law
          changes during the term of this Agreement, Law shall prevail.

     9.3  In the event the  payments the Employee may assert a claim for damages
          against a third  party due to loss of  income in  connection  with his
          illness ex Article  6:107a of the Dutch Civil Code the  Employee  will
          assign  his  entitlement  to  damages  up to the  amount  paid  by the
          Employer to the Employer.

10. Confidentiality

     10.1 The  Employee  undertakes,  during  the  term  of this  Agreement  and
          following its termination for any reason  whatsoever,  not to make any
          statements in any way  whatsoever to any party  whatsoever  (including
          other  employees  of the  Employer,  unless  they  should  receive the
          information  in  connection   with  their  duties  for  the  Employer)
          concerning data of an evidently  confidential  nature,  related to the
          business of the  Employer,  of which the Employee  became aware in the
          scope of his duties for the  Employer and the  confidential  nature of
          which he knows or should know, about Playlogic  International N.V. and
          subsidiaries and her business.

     10.2 If the Employee acts in  contravention  of his  obligations  under the
          provisions in paragraph 1 of this Article,  he shall forfeit a penalty
          of EUR 5,000 to the Employer,  in contravention of Book 7, Section 650
          (3),  (4) and  (5)  Dutch  Civil  Code,  without  any  requirement  of
          notification of default,  for every violation.  The Employer may claim
          payment of total damages instead.

11. Documents and data carriers

     11.1 The  Employee is  prohibited  from  retaining  in any way  whatsoever,
          documents  and/or  correspondence  and/or other data  carriers  and/or
          copies thereof that belong to the Employer,  with the exception of the
          extent to which that is required for the performance of his duties for
          the Employer.  In any event,  the Employee is  obligated,  without any
          request  to that  end  being  required,  to  immediately  return  such
          documents  and/or  correspondence  and/or other data  carriers  and/or
          copies  thereof to the Employer  upon  termination  of the  Employment
          Agreement,  or in  the  case  of  non-active  status  for  any  reason
          whatsoever.

12. Non competition clause

     12.1 Upon termination of this Agreement  Employer may ask Employee to enter
          into a non  compete  agreement  with the  provisions  set out below in
          paragraph's  12.2 and 12.3. For entering into this agreement  Employer
          shall pay  Employee a  compensation  equal to 50% of the gross  annual
          base salary as set out in article 4 of this Agreement.

     12.2 The  Employee  undertakes  not to be  employed  by or  involved  in an
          undertaking  active in a field equal to or  otherwise  competing  with
          that of the Employer in the  Netherlands,  both during the  employment
          contract and for a period of twelve  months  thereafter,  directly nor
          indirectly,  neither  for  himself  nor for any other  people,  nor to
          render his intermediary services in any form whatsoever,  directly nor
          indirectly.  This obligation  refers  exclusively to any employment or
          involvement  of the  Employee as meant above  within the field of Game
          Software Development.

     12.3 If the  Employee  should act  contrary  to his  obligations  under the
          provisions  of  the  paragraphs  1 and 2 of  this  clause,  he  shall,
          contrary to  paragraphs 3, 4 and 5 section 7:650 of the Civil Code and
          without any notice of default being required,  forfeit to the Employer
          for each  violation a penalty in the amount of EUR  5.000,=,  together
          with a penalty  in the  amount of EUR 1000,= for each day on which the
          violation takes place and continues taking place. The Employer in turn
          shall be entitled to claim full and complete indemnification.

13. No additional occupation

     13.1 Without the prior  written  consent  from the  Employer,  the Employee
          shall not  accept  any  assignment  paid or  unpaid  with or for third
          parties.

     13.2 Subject to the approval of the Board of Directors of Employer Employee
          is entitled to accept board member ships.

14. Inventions and developments

     14.1 All  works,  names,  symbols,  logos,  models,   illustrations  and/or
          inventions as well as all further  developments and/or related changes
          realised by the Employee,  either alone or in concert  during the term
          of the Employment  Contract  (hereinafter  jointly referred to as: the
          "Property"),  belong  to the  Employer.  14.2 The  Employer  holds all
          intellectual  and  industrial  property  rights on,  related to and/or
          ensuing from the Property (hereinafter referred to as: the IP rights).

     14.3 To the extent possible by law, the Employee hereby waives his personal
          rights as referred to in Section 25 of the Dutch Copyright Act.

     14.4 The Employee hereby acknowledges that his salary includes compensation
          for the possible  loss of the IP rights and that he is not entitled to
          any other compensation for that.

     14.5 Once the Employee  realises one or more elements of the Property,  the
          Employee  shall  immediately  inform the  Employer  and, to the extent
          required by law,  transfer  the IP rights to the  Employer  upon first
          request,  costs  to be  met  by  the  Employer.  Upon  request  of the
          Employer,  costs to be met by the  Employer,  the Employee  shall sign
          every  written  document  required for the transfer,  registration  or
          maintenance of the IP rights in every  country,  and provide all other
          necessary cooperation.  The Employee hereby irrevocably authorises the
          Employer  to  perform  every  legal  act in the  Employee's  name,  as
          referred to in this Article.

15. Other schemes

     15.1 This  Agreement is subject to all relevant  provisions as contained in
          the House Rules of Playlogic  International N.V. in force from time to
          time. A copy of the House rules as in force on the  effective  date of
          this  agreement  is provided to Employee and act merely as a guide for
          the top level  management.  In case of any  conflict the rules of this
          Employment Agreement shall prevail.

     15.2 This Agreement is governed by and will be construed in accordance with
          the  Dutch  Law  and  the  parties  hereby  submit  to  the  exclusive
          jurisdiction of the Dutch Court.



Thus agreed and prepared and signed in duplicate in Amsterdam,  on September 29,
2005



_/s/ W. M. Smit                                       /s/ J. W. Kohne
W.M. Smit                                                J.W. Kohne
Managing Director
Playlogic International N.V.