Document:

Exhibit 10.7

 

		
    5300
Beethoven Street

Penthouse Floor

Los Angeles, CA 90066

323.207.6245 

 

EMPLOYMENT AGREEMENT

 

This Agreement is made between Snail Games USA
Inc., a California corporation (“Snail USA”), and Peter Kang, a resident of the State of California (“Employee”)
on December 10, 2012.

 

WHEREAS, the Parties enter into this Agreement
through amicable negotiation and in consideration of the promises contained in this Agreement, the Parties hereby agree as follows:

 

		1.	Term of Employment. Employee shall be a full time, non-exempt, at-will employee of Snail USA and his or her contract with Snail USA
may be terminated at any point in time at will by either party. Your official starting date shall be Monday, December 10, 2012 at 10:00am.

 

		2.	Positions and Responsibilities.

 

		a.	Position. The Employee is employed as Community Representative with the following duties and responsibilities:

 

		i.	Perform basic forum moderation (deleting posts, locking threads, warning users)

		ii.	Create basic informational posts (scheduled maintenance, game updates)

		iii.	Monitor CS Facebook and Twitter pages for unwanted content

 

		b.	Responsibilities. Snail USA may, within reason, change or amend Employee’s duties and responsibilities based upon job requirements
and the Employee’s work performance and capabilities.

 

		3.	Remuneration.

 

		a.	Salary. The Employee shall be paid an hourly rate of $13/hour. Employee shall be paid according to the standard policies of Snail
USA, which is currently on a twice per month system (first day and middle of each calendar month).

 

		b.	United States Taxes. Snail USA will have the right to deduct or withhold from compensation due to Employee all amounts required to
be withheld by law for social Security, Medicare, federal, state, and local taxes as applicable from time to time, and such other amounts
as required by law or as Employee authorizes Snail USA to withhold.

 

		c.	Vacation days. Employee accrues 3.33 hours toward a paid vacation day for every half month worked. 8 (eight) accrued hours equals
one full paid vacation day. Therefore, for every full calendar year of continuous employment, Employee would accrue 10 (ten) paid vacation
days. Vacation days roll over year to year. An employee is permitted to accrue up to thirty vacation days.

 

     

     

    

 

		d.	Sick Days. Employee is given six sick days per year, prorated based on starting date of employment. Unused sick days do not rollover
at the end of each calendar year.

 

		e.	Employee is eligible for medical, dental and vision coverage starting January 1, 2013.

 

		4.	Intellectual Property.

 

		a.	Patent Rights. Any invention, discovery, design, improvement and achievement made by the Employee while using Snail USA or Suzhou
Snail Electronic Co., Ltd.’s materials and technical resources during the Employee’s employment is owned by Snail USA or Suzhou
Snail Electronic Co., Ltd. The Employee shall not disclose such invention, discovery, design, improvement and achievement to any third
party or have the right to commercially exploit them without Snail USA or Suzhou Snail Electronic Co., Ltd.’s written consent.

 

		b.	Copyrights. The copyrights of any project design, product pattern, computer software, drawings or other work of the Employee using
Snail USA or Suzhou Snail Electronic Co., Ltd.’s materials and technical resources during the Employee’s employment shall
be owned by Snail USA or Suzhou Snail Electronic Co., Ltd. Employee acknowledges that all original work of authorship which are made by
Employee (solely or jointly with others) within the scope of his or her employment and which are protectable by copyright are “works
made for hire,” pursuant to the United States Copyright Act. In the event any work cannot be deemed a “work made for hire”
as such is defined under the United States copyright law and other applicable law, Employee hereby agrees to assign all of his or her
rights, title and interest in and to any such work to Snail USA.

 

		c.	Term. The rights and obligations under this Section 4 shall continue in force after termination of this Agreement in perpetuity.

 

		5.	Confidentiality. The Employee hereby acknowledges that Snail USA and or Suzhou Snail Electronic Co., Ltd have and own certain confidential
information and secrets which are not accessible to the public, capable of generating economic benefits and having certain business value,
and that Snail USA and or Suzhou Snail Electronic Co., Ltd have adopted appropriate measures to safeguard this confidential information
and secrets (“Confidential Information”). Confidential Information does not include any of the items referred to above or
below which has become publicly known or made generally available through no wrongful act of Employee or of others who were under confidentiality
obligation as to the item or items involved. Due to his or her position with Snail USA, the Employee has access to or has the possibility
to access such Confidential Information. Confidential Information includes without limitation:

 

    
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		a.	Technical Secrets, including but not limited to software scheme and conception, technical drawings, software, any source codes, internal
design, algorithm, file format, business procedure, software programming, making method, drawings, process, formula, production report
and plan, technical development, planning and method, as well as all kinds of carriers containing aforementioned contents.

 

		b.	Data Secrets, including but not limited to operation data, sales data, promotion data, price strategy, as well as all kinds of carriers
containing aforementioned contents.

 

		c.	Business Secrets, including but not limited to business targets and plans, purchase channels, prices and networks, purchase plans,
human resources systems, management systems, sales plans and policies, sales price information, advertisement plans, customer networks.

 

		6.	Conflicts of Interest. During the term of employment, Employee will not, without the written consent of Snail USA,

 

		a.	Directly or indirectly, engage, participate, or assist in any business which competes with, or is preparing to compete with, Snail
USA in any manner whatsoever in any line of business engaged in or for which Snail USA is preparing to engage.

 

		b.	Entice, induce, or encourage, directly or indirectly, any of Snail USA’s employees or consultants to engage in any activity
which, were it done by Employee, would violate this Agreement.

 

		7.	Warranties. The Employee hereby agrees and warrants that, during the term of this Agreement and the termination or dissolution or
rescission thereafter, the Employee shall not utilize Confidential Information for his or her personal purpose or gain, and that, unless
otherwise permitted by Snail USA in writing, he or she shall not disclose any such Confidential Information to any company or person,
organization or entity for any purpose and in any manner. Notwithstanding the foregoing, Employee may disclose any Confidential Information
if required to do so by state or federal law or any state or federal agency as required for compliance with United States laws and regulations.
The Employee further acknowledges that Snail USA and or Suzhou Snail Electronic Co., Ltd have absolute title to such Confidential Information,
and the Employee will not raise any objection or claim any right to the ownership of such Confidential Information, and that, unless in
the name of Snail USA and or Suzhou Snail Electronic Co., Ltd, he or she shall not apply for any registration or filing of the ownership
right to the Confidential Information in any place of the world under his/her or any other person or company’s name.

 

		8.	Amendment and Termination.

 

		a.	This Agreement may be amended with the written consent of both Parties.

 

		b.	This Agreement may be terminated at will by either Snail USA or Employee.

 

    
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		9.	Disputes.

 

		a.	Governing Law. This agreement shall be governed by and interpreted in accordance with the laws and regulations of the State of California
and the United States of America.

 

		b.	Arbitration. In the event a dispute arises between the parties out of this Agreement or relating in any way to Employee’s employment
or termination of employment, the Parties agree to submit to binding arbitration, to be held in Los Angeles County, California, before
a single arbitrator, in accordance with the then-current JAMS Arbitration Rules and Procedures.

 

		10.	Miscellaneous.

 

		a.	Construction. In the event that any of the provisions contained in this Agreement will be or are, for any reason, held to be invalid,
illegal, or unenforceable in any respect, such invalidity, illegality, or unenforceability will not affect the other provisions of this
Agreement. If any of the provisions of this Agreement will be or are, for any reason, held to be excessively broad as to duration, geographical
scope, activity, or subject, it will be construed by limiting and reducing it, so as to be enforceable to the extent compatible with the
then applicable law. Any matters not covered by this Agreement shall be conducted in accordance with the policies and rules of Snail USA
and relevant United States laws and regulations.

 

		b.	Assignment. This Agreement and the rights and obligations contained in this Agreement may be assigned by Snail USA to a successor
entity, provided that such successor entity agrees in writing to be bound by and to perform each provision of this Agreement. Notwithstanding
the foregoing, neither party will have the right to assign this Agreement nor the rights and obligations contained therein.

 

		c.	Entire Agreement. This Agreement constitutes the entire agreement between the parties with respect to Employee’s employment
with Snail USA. Such agreements supersede all prior agreements, understandings, and communications between the parties with respect to
such subject matter.

 

		d.	Signatures. This Agreement shall come into effect upon signature by an authorized representative of Snail USA, as well as the signature
of Employee.

 

		e.	Counterparts. This Agreement may be executed by the parties in counterpart, each of which shall be deemed an original and all of which
together shall be deemed one and the same instrument.

 

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

 

	SNAIL GAMES USA INC.	 	EMPLOYEE
	 	 	 
	/s/ Jeanette Zhou	 	/s/ Peter Kang
	Jeanette Zhou, President	 	Peter Kang

 

    
	 	www.snailgamesusa.com	Page | 5Exhibit 10.8

 

SNAIL GAMES USA, INC.

12049 Jefferson Blvd.

Culver City, CA 90230

 

December 1, 2021

 

Peter Kang

___________________

___________________

 

Dear Peter,

 

On behalf of Snail Games USA, Inc., a California Corporation (“Snail
Games” or the “Company”), I am excited to inform you that the Board of Directors of the Company has promoted
and appointed you to be the Chief Operating Officer of Company, effective December 1, 2021. In such capacity, you will be subject to the
authority of, and will report to, the Company’s Chief Executive Officer.

 

Effective December 1, 2021, the terms of your current employment with
the Company, as reflected in that certain Employment Agreement dated December 10, 2012, between you and the Company, are amended as follows:

 

		1.	Your title shall be the Chief Operating Officer of the Company.

 

		2.	Your annual base salary shall be Three Hundred Thousand Dollars ($300,000).

 

		3.	Your duties shall be full time attention exclusively to rendering the services to the Company customarily incident to a Chief Operating
Officer position and to such other services as may be reasonably requested by the Company’s CEO and/or the Board of Directors.

 

Except as noted above, all other terms of your employment with the
Company remain unchanged.

 

If you choose to accept above, please sign a copy of this letter and
return it to us at your earliest convenience.

 

Congratulations! If you have any questions regarding this offer for
employment or benefits, please do not hesitate to contact me.

 

	Sincerely,

 

	By:	/s/ Jim Tsai	 

	Name:	Jim Tsai	 

	Title:	COO	 

 

	ACCEPTED	 
	 	 
	/s/ Peter Kang	 
	Peter Kang	 
	Dated:	12/20/2021

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