Document:

1st
      AMENDED & RESTATED EMPLOYMENT AGREEMENT

     

    THIS
      AMENDMENT OF APRIL 16, 2008 ("AMENDMENT") TO THAT CERTAIN EMPLOYMENT AGREEMENT,
      dated
      as
      of April 30, 2007, (the "Original Agreement") by and Between
      Green Screen Interactive Software, LLC (f/k/a Green Screen, LLC), a Delaware
      limited
      liability company with its offices at 575 Broadway, New York, New York 10012
      (the "Company"), and Mark Seremet, an individual residing at 49 Indian Hill
      Road, Pound Ridge, NY
      10576
      ("Executive").

     

    WHEREAS,
      the parties entered into the Original Agreement when the Company was a
      startup
      company;

     

    WHEREAS,
      the Company is now in the early stages of operations and has refined its
organizational
      structure and business plans all of which require the Original Agreement to
      be
amended
      and restated in its entirety on the terms set forth below.

     

    NOW,
      THEREFORE, in consideration of the premises and mutual covenants contained
      herein
      and for other good and valuable consideration, the parties agree as
      follows:

     

    1. Term
      of Employment. Executive's
      employment under the Original Agreement commenced
      on April 30, 2007 (the "Commencement Date") and will currently expire on April
      30,
      2011
      (the "Employment Term"). Subject to earlier termination pursuant to Section
      7
      hereof, the
      Employment Term shall be automatically extended for additional terms of
      successive one (1) year periods unless the Company or Executive gives written
      notice to the other at least sixty (60) days
      prior to the expiration of the then current Employment Term of the termination
      of Executive's
      employment hereunder at the end of such current Employment Term.

     

    2. Positions.

     

    (a) Executive
      shall serve as the President of the Company but acknowledges that
      organizational reorganization is contemplated and that his role may be converted
      to that of a Vice
      President of a discrete operational area and that any such change shall not
      be
      considered a demotion
      or breach of this Agreement by the Company.

     

    (b) The
      Executive shall report to the Chief Executive Officer of the Company.
      The Executive may be given such further reasonably related supervisory duties,
      powers
      and prerogatives as may be delegated to him from time to time by the Chief
      Executive Officer.

     

    (c) During
      the Employment Term, Executive shall devote substantially all of his
      business time and efforts to the performance of his duties hereunder; provided,
      however, that Executive shall be allowed, to the extent that such activities
      do
      not materially interfere with the performance
      of his duties and responsibilities hereunder, to lecture, publish, manage his
      passive personal
      investments, and to serve on corporate, civic, or charitable boards or
      committees. Notwithstanding
      the foregoing, Executive shall not serve on any corporate board of directors
      if
such
      service would be inconsistent with his fiduciary responsibilities to the
      Company. The Company
      specifically approves of Executive serving as a director of Qoop, Inc, Repliqa,
      LLC, and
      Serklin, Inc.

     

    
      
         

      

      
         

        
          

        

      

      
         

      

    

     

    3. Base
      Salary. During
      the Employment Term and after the date of this Amendment,
      the Company shall pay Executive a base salary at the annual rate of not less
      than $250,000.
      Base salary shall be payable in each case in accordance with the usual payroll
      practices
      of the Company. Executive's Base Salary shall be subject to annual review by
      the
Board
      in
      December of each year and may be increased above the minimum from time to time
      upon
      recommendation of the Compensation Committee. The base salary as determined
      as
aforesaid
      from time to time shall constitute "Base Salary" for purposes of this Employment
      Agreement.

     

    4. Bonus.
      Shall
      be
      $200,000 per annum, $100,000 based upon the Company's achievement
      of its operating plan, and $100,000 based upon other milestones to be determined
      by
      the
      Company's CEO. For 2008 targets are pre-set at aggregate raise of $25 million
      of
      equity with
      a
      bonus of $75,000 and $100,000 for the Company successfully achieving it
      operating plan as
      approved by its Board of Directors. $25,000 has been earned by the Executive
      for
      Quarter 1, 2008 for successfully completing financing/operating
      objectives.

     

    5. Employee
      Benefits and Vacation.

     

    (a) During
      the Employment Term, Executive shall be entitled to participate in all pension,
      retirement, savings, welfare and other employee benefit plans and arrangements
      and fringe benefits and perquisites generally maintained by the Company from
      time to time for the benefit of the senior executives of the
      Company.

     

    (b) During
      the Employment Term, the executive shall receive an auto allowance
      of Six Hundred ($600) dollars per month. To the extent permitted under
      applicable law,
      the
      Company shall not treat as compensation to Executive fringes and perquisites
      provided to
      Executive or the items under Section 6 below.

     

    (c) During
      the Employment Term, Executive shall be entitled to vacation each year in
      accordance with the Company's policies in effect from time to time but not
      less
      than four weeks
      paid vacation. Executive shall also be entitled to such periods of sick leave
      as
      is customarily
      provided by the Company for its senior executive employees.

     

    6. Business
      Expenses. The
      Company shall reimburse Executive for the travel, entertainment
      and other business expenses incurred by Executive in the performance of his
      duties
      hereunder, in accordance with the Company's policies as in effect from time
      to
      time.

     

    7. Termination.

     

    (a) The
      employment of Executive under this Employment Agreement shall terminate
      upon the occurrence of any of the following events:

     

    
      
         

      

      
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    (i) the
      death
      of Executive;

     

    (ii) the
      termination of Executive's employment by the Company due to Executive's
      Disability pursuant to Section 7(b) hereof;

     

    (iii) the
      termination of Executive's employment by Executive for Good Reason
      pursuant to Section 7(c) hereof;

     

    (iv) the
      termination of Executive's employment by the Company without
      Cause;

     

    (v) the
      termination of employment by Executive without Good Reason upon
      not
      less than thirty (30) days prior written notice;

     

    (vi) the
      termination of employment by Executive, with or without Good
      Reason during the two year period commencing after the Change in Control as
      defined in Paragraph 11 below (such period being referred to herein as the
      "Change in Control Protection "Period");

     

    (vii) the
      termination of Executive's employment by the Company for Cause pursuant to
      Section 7(e);

     

    (b) Disability.
      If
      Executive is unable to carry out his material duties pursuant
      to this Employment Agreement for more than ninety (90) days during any twelve
      (12) month
      period by reason of any physical or mental impairment, or suffers any medically
      determined
      physical or mental impairment that can be expected to result in death or that
      can be expected to render the Executive incapable of performing his duties
      to
      the Company for ninety (90) days or more (a "Disability"),
      the
      Company may terminate Executive's employment for Disability, at any time, upon
      not less than thirty (30) days prior written notice (a "Notice
      of Disability Termination").

     

    (c) Termination
      for Good Reason. A
      Termination for Good Reason means a termination
      by Executive by written notice given within thirty (30) days after he becomes
      aware of
      the
      occurrence of the Good Reason event. For purposes of this Employment Agreement,
      "Good
      Reason"
      shall
      mean any material breach by the Company of any provision of this Employment
      Agreement which goes uncured for a period of thirty (30) days after the Company
      receives a Notice of Termination for Good Reason.

     

    (d) Notice
      of Termination for Good Reason. A
      Notice
      of Termination for Good Reason shall mean a notice that shall indicate in
      reasonable detail the facts and circumstances claimed
      to provide a basis for Termination for Good Reason. The Notice of Termination
      for Good
      Reason shall provide for a date of termination not less than ten (10) nor more
      than sixty (60)
      days
      after the date such Notice of Termination for Good Reason is given.

     

    (e) Cause.
      Subject
      to the notification provisions of Section 7(f) below, Executive's
      employment hereunder may be terminated by the Company for Cause. For purposes
      of
      this Employment Agreement, the term "Cause" shall be limited to:

     

    
      
         

      

      
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              (i)

            	
              the
                refusal of Executive to follow the proper written direction of
                the
                Chief Executive Officer, provided that the foregoing refusal shall
                not be "Cause" if Executive in good faith believes that such direction
                is
                illegal, unethical or immoral and promptly so notifies the
                Board;

            

    

     

    
      	 	
              (ii)

            	
              failure
                by Executive to perform the material duties required of him hereunder
                (other than any such failure resulting from incapacity due
                to physical or mental illness) which goes uncured for a period
                of
                ten (10) days after a written demand for performance is delivered
                to Executive by the Chief Executive
                Officer;

            

    

     

    
      	 	
              (iii)

            	
              Executive
                being convicted of a felony (other than a felony involving
                a motor vehicle);

            

    

     

    
      	
            	(iv)	
              any
                material breach of this Agreement by Executive that is not cured
                (if curable) within ten (10) days of the Notice of Termination
                for
                Cause; or

            

    

     

    
      	 	
              (v)

            	
              Executive's
                dishonesty, misappropriation or fraud with regard to the
                Company (other than good faith expense account
                disputes).

            

    

     

    (f) Notice
      of Termination for Cause. A
      Notice
      of Termination for Cause shall mean
      a
      notice that shall indicate the specific termination provision in Section 7(e)
      relied upon and shall set forth in reasonable detail the facts and circumstances
      that provide for a basis for Termination
      for Cause. The date of termination for a Termination for Cause shall be the
      date
indicated
      in the Notice of Termination.

     

    8. Consequences
      of Termination of Employment.

     

    (a) If
      Executive's employment is terminated during the Employment Term by reason
      of
      Executive's death, the employment period under this Employment Agreement shall
      terminate
      as of the date of death without further obligations to Executive's legal
      representatives under
      this Employment Agreement except for:

     

    
      	 	
              (i)

            	
              any
                Base Salary or Bonus earned but not yet paid through the end of
                the month of Executive's death;

            

    

     

    
      	 	
              (ii)

            	
              any
                earned but unpaid Performance Bonus from a prior fiscal period;

            

    

     

    
      	 	
              (iii)

            	
              if
                at the end of the fiscal year in which the termination occurred,
                the
                targets of the Performance Bonus for such year have been achieved,
                then
                the product of (A) the
                Performance Bonus achieved, multiplied by (B) a fraction, the numerator
                of
                which is the number
                of days of said fiscal year during which Executive was employed by
                the
                Company, and the
                denominator of which is 365, which bonus shall be paid when bonuses
                for
                such period are paid
                to the other executives;

            

    

     

    
      
         

      

      
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              (iv)

            	
              any
                accrued vacation pay payable pursuant to the Company's policies
                and any unreimbursed business expenses payable pursuant to Section
                6 which
                amounts shall
                be promptly paid in a lump sum to Executive's
                estate;

            

    

     

    
      	 	
              (v)

            	
              there
                shall be full accelerated vesting of all outstanding options with
                the
                right to exercise such options continuing until the earlier of the
                (A) the
                option termination
                date set forth therein, or (B) the one (1) year anniversary of the
                date
                the Executive's employment
                terminated.

            

    

     

    (b) Disability.
      If
      Executive's employment is terminated by reason of Executive's
      Disability, Executive shall be entitled to receive the payments and benefits
      to
      which his
      representatives would be entitled in the event of a termination of employment
      by
      reason of his
      death.

     

    (c) Termination
      by Executive for Good Reason or Termination by the Company
      without Cause. If
      the
      Executive's employment is terminated by (i) the Executive for Good
      Reason or (ii) the Company without Cause, the Executive shall be entitled to
      receive:

     

    
      	 	
              (i)

            	
              all
                of the benefits set forth in Section 8(a) above,
                plus

            

    

     

    
      	 	
              (ii)

            	
              (A)
                the sum of his Base Salary and the Bonus earned with respect to the
                Employment Year preceding the Employment Year in which his employment
                termination occurred
                multiplied by (B) 1.5 (the "Severance Benefit"). The Severance Benefit
                shall be payable
                over an eighteen month period commencing on the first payroll date
                following the termination
                of employment in equal installments on the Company's normal payroll
                dates
                during said
                eighteen month period, plus

            

    

     

    
      	 	
              (iii)

            	
              payment
                by the Company of the premiums for Executive and his dependents'
                health coverage for eighteen months under the Company's health plans
                which
                cover the
                senior executives of the Company or materially similar benefits.
                Payments
                under this subsection
                (iii) may at the discretion of the Company be made by continuing
                participation of Executive
                in the plan as a terminee, or by paying the applicable COBRA premium
                for
                Executive and
                his dependents, or by covering Executive and his dependents under
                substitute arrangements.

            

    

     

    
      
         

      

      
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    (d) Termination
      by the Company with Cause or Termination by the Executive without
      Good Reason. If
      Executive's employment hereunder is terminated (i) by the Company for
      Cause, or (ii) by Executive without Good Reason, Executive shall be entitled
      to
      receive only his
      Base
      Salary through the date of termination and any unreimbursed business expenses
      payable pursuant to Section 6.

     

    (e) The
      Company's obligation to provide the any payments pursuant to Paragraph
      8 hereof is expressly conditioned upon the Executives' execution and delivery
      to
      the Company
      of a release agreement, satisfactory to the Company, including, but not limited
      to:

     

    
      	 	
              (i)

            	
              An
                unconditional release of all rights to any claims, charges, complaints,
                grievances, known or unknown to the Executive, through the date of
                the
                Executive's termination from
                employment;

            

    

     

    
      	 	
              (ii)

            	
              A
                representation and warranty that the Executive has not filed or assigned
                any claims, charges, complaints, or grievances against the
                Company;

            

    

     

    
      	 	
              (iii)

            	
              An
                agreement not to use, disclose or make copies of any confidential
                information of the Company, as well as to return any such confidential
                information and
                property to the Company upon execution of such
                release;

            

    

     

    
      	 	
              (iv)

            	
              An
                agreement to maintain the confidentiality of the
                release;

            

    

     

    
      	 	
              (v)

            	
              A
                reaffirmation of his restrictive covenant;
                and

            

    

     

    
      	 	
              (vi)

            	
              An
                agreement to indemnify the Company, in the event that the Executive
                breaches any portion of such
                release.

            

    

     

    9. No
      Mitigation. In
      the
      event of any termination of employment under Sections 7(b) through
      (d) inclusive, Executive shall be under no obligation to seek other employment
      and there shall
      be
      no offset against any amounts due Executive under this Employment Agreement
      on
      account of any remuneration attributable to any subsequent employment that
      Executive may obtain.
      Any amounts due under Section 8 are in the nature of severance payments, or
      liquidated damages, or both, and are not in the nature of a penalty. Such
      amounts are inclusive, and in lieu of
      any
      amounts payable under any other salary continuation or cash severance
      arrangement of the
      Company and to the extent paid or provided under any other such arrangement
      shall be offset from
      the
      amount due hereunder.

     

    
      
         

      

      
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    10. Confidentiality/Noncompetition.

     

    (a) The
      Company and Executive acknowledge and agree that the services to be provided
      by Executive pursuant to this Employment Agreement are unique and extraordinary
      and,
      as a
      result of such employment, Executive will be in possession of Confidential
      Information relating
      to the business practices of the Company. The term "Confidential
      Information"
      shall
      mean
      any
      and all information (verbal and written) relating to the Company or any of
      its
      affiliates, or
      any of
      their respective activities, other than general business practices not unique
      to
      Company but
      commonly practiced in the interactive entertainment industry and such
      information which can
      be
      shown by the Executive to be in the public domain or otherwise know to the
      public other than
      as a
      result of a breach of this Section 10, including but not limited to information
      relating to trade
      secrets, personnel lists, financial information, research projects, services
      used, pricing, customers,
      customer lists and prospects, product sourcing, marketing, selling and
      servicing. Employee agrees that he will not, during or after the termination
      of
      employment, directly or indirectly, use, communicate, disclose or disseminate
      to
      any person, firm or corporation any confidential
      information of the Company acquired by Executive during his employment by
Company.

     

    (b) Executive
      agrees that he shall not, during the period of his employment and
      for
      one year thereafter, directly or indirectly take any action which constitutes
      an
interference
      with or a disruption of any of the Company's business activities, including
      without limitation,
      solicitations of the Company's customers or employees. For purposes of
      clarification, but
      not
      of limitation, Executive acknowledges and agrees that the provisions of this
      Section 10 shall
      prohibit him from directly or indirectly hiring, offering to hire, enticing,
      soliciting or in any manner
      persuading or attempting to persuade any officer, employee, agent, lessor,
      lessee, licensor,
      licensee or customer who has been previously contacted by a representative
      of
      the Company,
      including the Executive, to discontinue or alter his, her or its relationship
      with the Company.

     

    (c) Executive
      agrees that he shall not, during the Employment Term and for a period
      of
      one (1) year thereafter directly or indirectly, alone or as a partner, joint
      venturer, officer,
      director, employee, consultant, agent, independent contractor, member or
      stockholder of any
      company or business, engage in any business activity which is directly or
      indirectly competitive
      with any of the products or services being developed, marketed, distributed,
      planned, sold
      or
      otherwise provided by the Company or its subsidiaries at such time. The
      ownership by the
      Executive of not more than one percent of the shares of stock of any corporation
      having a class
      of
      equity securities registered under the Securities Exchange Act of 1934, as
      amended, shall not
      be
      deemed, in and of itself, to violate the prohibitions of this paragraph.
      Notwithstanding the foregoing, in the event that Executive's employment is
      not
      renewed at the end of the Term by the Company,
      the one year period set forth above shall not apply unless the Company pays
      the
Executive
      the sum of his Base Salary and the Bonus earned with respect to the Employment
      Year preceding
      the Employment Year in which the non-renewal occurred (the "Non-Renewal
Benefit").
      The Non-Renewal Benefit shall be payable over a twelve month period commencing
      on the first payroll date following the non-renewal of employment in equal
      installments on the Company's
      normal payroll dates during said twelve month period.

     

    
      
         

      

      
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    (d) The
      Executive recognizes that the Company would suffer irreparable damage
      if
      the Executive were to violate the provisions of this Section 10. In the event
      the Executive
      shall violate any of the terms or provisions of this Section 10, the Company
      shall have, in addition to any and all remedies of law, the right to seek and
      obtain, without bond or notice, ex
      parte
      or
      after
      a hearing, an injunction, specific performance or other equitable relief to
      prevent the
      violation of the Executive's obligations hereunder and in connection therewith
      shall be entitled
      to collect all reasonable costs and expenses of suit, including, but not limited
      to, attorneys'
      fees.

     

    11. Change
      in Control.

     

    For
      purposes of this Employment Agreement, the term "Change
      in Control"
      shall
      be
      deemed to have occurred on the earliest of the following dates:

     

    (a) the
      date
      the owners of the Company (or the Board, if owner action is not required)
      approve a plan or other arrangement pursuant to which the Company will be
      dissolved or
      liquidated; or

     

    (b) the
      date
      the owners of the Company (or the Board, if owner action is not required)
      approve a definitive agreement to sell or otherwise dispose of substantially
      all
      of the assets
      of
      the Company; or

     

    (c) the
      date
      the owners of the Company (or the Board of Directors, if owner action
      is
      not required) have approved a definitive agreement to merge or consolidate
      the
Company
      with or into such other company, other than, in either case, a merger or
      consolidation of
      the
      Company in which holders of Company's common equity immediately prior to the
      merger or
      consolidation will have at least a majority of the voting power of the surviving
      company's voting
      securities immediately after the merger or consolidation, which voting
      securities are to be held
      in
      the same proportion as such holders' ownership of the common equity of the
      Company immediately
      before the merger or consolidation; or

     

    (d) the
      date
      any entity, person or group, within the meaning of Section 13(d)(3)
      or Section 14(d)(2) of the Exchange Act (other than (A) the Company or any
      of
      its subsidiaries
      or any employee benefit plan (or related trust) sponsored or maintained by
      the
Company
      or any of its subsidiaries shall have become the beneficial owner of, or shall
      have obtained voting control over, more than fifty percent (50%) of the
      outstanding shares of the Company's
      common equity.

     

    
      
         

      

      
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    12. Miscellaneous.

     

    (a) Governing
      Law. This
      Employment Agreement shall be governed by and construed in accordance with
      the
      laws of the State of New York without reference to principles
      of conflict of laws.

     

    (b) Entire
      Agreement and Amendment. This
      Employment Agreement and the
      instruments contemplated herein, contain the entire understanding of the parties
      with respect to
      the
      employment of Executive by the Company from and after the date hereof and
      supersedes any
      prior
      agreements between the Company and Executive, including, but not limited to
      the
Original
      Agreement. There are no restrictions, agreements, promises, warranties,
      covenants or undertakings
      between the parties with respect to the subject matter herein other than those
      expressly
      set forth herein and therein. This Employment Agreement may not be altered,
      modified,
      or amended except by written instrument signed by the parties
      hereto.

     

    (c) No
      Waiver. The
      failure of a party to insist upon strict adherence to any term of this
      Employment Agreement on any occasion shall not be considered a waiver of such
      party's
      rights or deprive such party of the right thereafter to insist upon strict
      adherence to that term
      or
      any other term of this Employment Agreement. Any such waiver must be in writing
      and signed
      by
      Executive or an authorized officer of the Company, as the case may
      be.

     

    (d) Assignment.
      This
      Employment Agreement shall not be assignable by Executive.

     

    (e) Successors;
      Binding Agreement; Third Party Beneficiaries. This
      Employment Agreement shall inure to the benefit of and be binding upon the
      personal or legal representatives,
      executors, administrators, successors, heirs, distributees, devisees legatees
      and permitted
      assignees of the parties hereto.

     

    (f) Communications.
      For
      the
      purpose of this Employment Agreement, notices
      and all other communications provided for in this Employment Agreement shall
      be
      in writing
      and shall be deemed to have been duly given (i) when delivered by hand, or
      (ii)
      two business days after being mailed by United States registered or certified
      mail, return receipt requested,
      postage prepaid, or sent via reputable overnight courier addressed to the
      respective addresses
      set forth on the initial page of this Employment Agreement, provided that all
      notices to
      the
      Company shall be directed to the attention of the General Counsel of the
      Company, or to such
      other address as any party may have furnished to the other in writing in
      accordance herewith.
      Notice of change of address shall be effective only upon receipt.

     

    (g) Withholding
      Taxes. The
      Company may withhold from any and all amounts
      payable under this Employment Agreement such Federal, state and local taxes
      as
      may be
      required to be withheld pursuant to any applicable law or
      regulation.

     

    
      
         

      

      
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    (h) Survivorship.
      The
      respective rights and obligations of the parties hereunder
      shall survive any termination of Executive's employment to the extent necessary
      to the
      agreed preservation of such rights and obligations.

     

    (i) Counterparts.
      This
      Employment Agreement may be signed in counterparts,
      each of which shall be an original, with the same effect as if the signatures
      thereto and
      hereto were upon the same instrument.

     

    (j) Headings.
      The
      headings of the sections contained in this Employment Agreement
      are for convenience only and shall not be deemed to control or affect the
      meaning or construction of any provision of this Employment
      Agreement.

     

    (k) Executive's
      Representation. Executive
      represents and warrants to the Company
      that there is no legal impediment to him performing his obligations under this
      Employment
      Agreement and neither entering into this Employment Agreement nor performing
      his
      contemplated service hereunder will violate any agreement to which he is a
      party
      or any other legal
      restriction. The Executive further represents and warrants that his performance
      of all the terms of this Agreement and as an employee of the Company does not
      and will not breach any agreement
      or obligation to keep in confidence proprietary information, knowledge or data
      acquired
      by him in confidence or in trust prior to his employment with the Company,
      and
      he will not
      disclose to the Company or induce the Company to use any confidential or
      proprietary information
      or material belonging to any previous employer or others.

     

    (l) BOTH
      PARTIES HEREBY KNOWINGLY, VOLUNTARILY AND INTENTIONALLY
      WAIVE THE RIGHT TO A TRAIL BY JURY IN RESPECT OF ANY
      CLAIM BASED HEREON, ARISING OUT OF, UNDER OR IN CONNECTION WITH THIS EMPLOYMENT
      AGREEMENT OR ANY ANCILLARY DOCUMENT CONTEMPLATED TO BE EXECUTED IN CONNECTION
      HEREWITH OR ANY COURSE OF CONDUCT, COURSE OF DEALINGS, STATEMENTS (WHETHER
      VERBAL
      OR WRITTEN) OR ACTIONS OF ANY PARTY. THIS WAIVER CONSTITUTES
      A MATERIAL INDUCEMENT FOR THE EMPLOYER TO HIRE EXECUTIVE.

     

    [Signature
      Page Follows]

     

    
      
         

      

      
        10

        
          

        

      

      
         

      

    

     

    IN
      WITNESS WHEREOF, the parties hereto have duly executed this Employment Agreement
      as of the day and year first above written.

     

    
      	
              GREEN
                SCREEN INTERACTIVE SOFTWARE,
                LLC

            
	 
              	 
              
	
              By:

            	
              /s/
                Ron Chaimowitz

            
	 	
              Title:Chief
                Executive Officer

            
	 
              	 
              
	
              /s/
                Mark Seremet

            
	
              Mark
                Seremet

            

    

     

    
      
         

      

      
        11AMENDMENT
      NUMBER ONE 

    TO
      THE
      1st
      AMENDED
      AND RESTATED EMPLOYMENT AGREEMENT

    

    This
      amendment number one (“Amendment
      1”),
      effective as of July 15, 2008 (the “Amendment
      1 Effective
      Date”),
      amends the 1st
      Amended
      and Restated Employment Agreement dated April 16, 2008 between Green Screen
      Interactive Software, Inc. (f/k/a “Green Screen Interactive Software, LLC”)
      (“Green
      Screen”)
      and
      Mark Seremet (“Seremet”),
      in
      full force and effect as of the date hereof (the “Employment
      Agreement”).
      This
      Amendment 1, when fully executed, shall constitute the further understanding
      between the parties with respect to the Employment Agreement, as
      follows:

    

    Section
      4
      of the Employment Agreement (Bonus)
      is
      hereby deleted and replaced with: “For each year during the Employment Term,
      Executive shall be eligible to receive a bonus based on performance milestones,
      as determined by the compensation committee of the Board of Directors of the
      Company.” As of the date of this Amendment 1, no such bonus has been
      set.

    

    Green
      Screen acknowledges that Seremet has earned $25,000 pursuant to the now deleted
      Section 4. This amount shall be converted to Green Screen equity. Upon the
      signing hereof, Green Screen shall deliver to Seremet a certificate for 2347
      shares of common stock of Green Screen (the “Shares”)
      valued
      at a price of $10.65 per share, having a total value of approximately $25,000.
      Green Screen represents that the Shares are duly authorized, validly issued,
      fully paid and nonassessable.

    

    Except
      as
      expressly or by necessary implication modified or amended by this Amendment
      1,
      the terms of the Employment Agreement are hereby ratified and confirmed without
      limitation or exception. Capitalized terms used in this Amendment 1 and not
      otherwise defined shall have the same meaning ascribed to them as set forth
      in
      the Employment Agreement.

    

    The
      parties hereto have executed this Amendment 1, which shall be effective as
      of
      the Amendment 1 Effective Date.

    

    
      	
              Green
                Screen Interactive Software, Inc.

            	 	
              Mark
                Seremet

            	 
	 	 	 	 	 
	
              By:

            	
              /s/
                Evan Gsell

            	 	
              /s/
                Mark Seremet

            	 
	 	 	 	 	 
	Name:
              	
              
                Evan
                  Gsell

              

            	 	
               

            	 
	 	 	 	 	 
	 Title:	Chief
              Operating Officer and General Counsel 	 	 	 

    

    

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        1
        of  1

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