Document:

Exhibit 10.15  

THIS EMPLOYMENT AGREEMENT is entered into as of the 11th day of June 2004.  

	B E T W E E N :	 	TOUCHTUNES DIGITAL JUKEBOX INC., a company incorporated under the laws of Canada with offices at Three Commerce Place, 4th floor, Nuns' Island, Verdun, Province of Quebec, Canada
H3E 1H7;
	 	 	 
	 	 	(hereinafter referred to as the «Corporation»)
	 	 	 
	A N D :	 	MR. CHRIS MARCOLEFAS

Residing and domiciled at 595 Robertson, St. Laurent, Quebec, H4L 1X4

(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 having commenced on June 7, 2004. 

2    DUTIES  

        2.1    The Corporation hereby confirms having agreed to engage Executive as Vice President Operations. 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 necessary to
promote the success of the Corporation's business and perform adequately the duties that are assigned to him. 

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3    REPORTING PROCEDURES  

        3.1    Executive shall report directly to the Executive Vice President, Technology 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 $135,000, 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    LONG-TERM INCENTIVE PLAN  

        5.1    Subject to the adoption of a new Long-Term Incentive Plan by the Board of Directors, and specific approval of the Board of Directors,
Executive shall be granted units thereunder. The number of units to be granted will be comparable to those provided to other senior executives of the Corporation. 

        5.2    Units
shall vest as defined in the Long-Term Incentive Plan as set out therein, once adopted. 

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 25% of
base salary. The bonus will be based upon a prorated percentage of the Corporation's achievement versus BP. For the year ended December 31, 2004, Executive will be entitled to such bonus as if
he had been an employee as at January 1, 2004. 

7    VACATION  

        7.1    Executive shall be entitled to four (4) weeks of paid vacation per fiscal year of the Corporation. Such vacation will be prorated for
partial years. 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. In addition to the above, Executive is
entitled to two (2) weeks vacation in August 2004. 

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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. Said expenses must be submitted on a timely basis with a maximum delay of four weeks. 

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

        8.3    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 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 six (6) 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 six (6) 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 

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        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 six (6) months of Executive's base salary at the time of termination. Upon receipt by the Corporation of a signed Release and Discharge as set out in
Exhibit 1 of this agreement, such indemnity shall be paid to Executive over the six (6) 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 vested during the three (3) month period following the date of such termination shall become vested at the
date of such termination. 

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: 

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        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. 

        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 her 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. 

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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
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. 

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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 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. 

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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    LEGAL ADVICE  

        22.1    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. 

	 

	 

	 

(Signatures on page 9.)  

	 

	 

	 

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

	 	 	TOUCHTUNES DIGITAL JUKEBOX INC.
	

 	
 	
Per:	

/s/  MATTHEW CARSON      
 Matthew Carson, Vice President Finance & CFO
	 	 	 	 
	 	 	EXECUTIVE
	

 	
 	
Per:	

/s/  CHRIS MARCOLEFAS      
 Chris Marcolefas

9<Page>

                                                                 Exhibit 10.3(a)

                             SECOND AMENDMENT TO THE
                        2002 ROYAL SONESTA LOAN AGREEMENT

     BE IT KNOWN, that on the days of December, 2004, before us, the undersigned
Notaries Public duly commissioned and qualified in the Parishes/Counties and
States as hereinafter set forth, personally came and appeared:

     ROYAL SONESTA, INC., a Louisiana corporation having its principal place of
     business in New Orleans, Louisiana, TIN #72-0803191, herein represented by
     its undersigned officer, duly authorized and acting pursuant to resolutions
     of its Board of Directors, a certified copy of which is annexed hereto
     ("Borrower");

     SONESTA INTERNATIONAL HOTELS CORPORATION, a New York corporation having its
     principal place of business in Boston, Massachusetts, TIN #135648107,
     herein represented by its undersigned officer, duly authorized and acting
     pursuant to resolutions of its Board of Directors ("Guarantor"). and

     HIBERNIA NATIONAL BANK, a national banking association, organized and
     existing under the laws of the United States of America, and domiciled in
     the Parish of Orleans, State of Louisiana, with its principal office at 313
     Carondelet Street, New Orleans, Louisiana 70130, TIN #72-0210640,
     represented herein by its duly authorized undersigned officer ("Bank");

who covenant and agree that:

     WHEREAS, Borrower, Guarantor and Bank entered into the 2002 Royal Sonesta
Loan Agreement ("2002 Agreement") effective as of April 1, 2002,

     WHEREAS, Borrower, Guarantor and Bank entered into the First Amendment to
the 2002 Agreement ("First Amendment") which (i) reduced the aggregate principal
amount at any one time outstanding to $3,000,000, (ii) established the
expiration of the commitment as February 28, 2005, (iii) provided that the
Guarantor would not be required to maintain a minimum level of equity, and (iv)
provided that Guarantor was no longer restricted from paying dividends.

     WHEREAS, Borrower, Guarantor and Bank desire to amend 2002 Agreement, as
amended by the First Amendment, to provide that the expiration of the commitment
shall be December 31, 2005.

     NOW, THEREFORE, in consideration of the mutual benefits received or to be
received by each of them, Borrower, Guarantor and Bank do hereby enter into this
Second Amendment of the 2002 Agreement ("Second Amendment") and covenant and
agree as follows:

     1.   Section 1.1 TERMS DEFINED ABOVE is hereby amended to read as follows:

                                                                              58
<Page>

          " As used in this 2002 Agreement, the terms "Borrower", "Bank",
          "Guarantor", "2002 Agreement", "First Amendment" and Second Amendment
          shall have the meanings indicated above."

     2.   The following definitions in the Section 1.2 section entitled
"DEFINITIONS" are hereby amended to read as follows:

          "TERMINATION DATE" shall mean December 31, 2005.

     3.   Borrower and Guarantor hereby confirm and agree that the Multiple
Indebtedness Leasehold Mortgage, Security Agreement and Assignment of Leases and
rents by Royal Sonesta, Inc. in favor of Hibernia National Bank, dated March 28,
2002 recorded as Instrument #653527 and in M.O.B. 3627, folio 194 in the
mortgage records for the Parish of Orleans, State of Louisiana, secures not only
this loan and the capital credit card loan but any and all other indebtedness
and obligations of Borrower and Guarantor of every nature and kind whatsoever in
favor of Bank.

     4.   Borrower and Guarantor hereby reaffirm represent, warrant and covenant
to Bank that the representations and warranties set forth in Section 4 remain
true and in effect. In particular Borrower and Guarantor represent that the
execution of the Second Amendment is properly authorized and will not violate
the Borrower's or the Guarantor's Articles of Incorporation or their Bylaws, or
any contract, agreement, law, regulation, order, injunction, judgment, decree or
writ to which Borrower or Guarantor is subject, or any indenture, mortgage, deed
of trust, credit agreement, lease or other instrument to which Borrower or
Guarantor or any of their property is bound, and do not conflict with or result
in a breach of or constitute a default under any such instrument.

     Neither Borrower nor Guarantor is in default, in any respect which
materially and adversely affects their business, properties, operations or
condition, financial or otherwise, under any indenture, mortgage, deed of trust,
contract, agreement or other instrument to which Borrower or Guarantor is a
party or by which they are bound, nor, in any respect which materially and
adversely affects their business, properties, operations or condition, financial
or otherwise any order, writ, injunction, judgment, decree or any statute, rule
or regulation.

     5.   Borrower will promptly pay or will cause to be paid all reasonable
legal costs and fees incurred by Bank in connection with the preparation of this
Second Amendment.

     Except as hereinabove stated, the terms and conditions of the 2002
Agreement, as amended by First Amendment shall remain unchanged and in full
force and effect and be binding upon Borrower and Bank as though set forth
herein at length, and nothing herein contained shall be construed as a novation
of the debt.

                 REMAINDER OF THIS PAGE INTENTIONALLY LEFT BLANK

                                                                              59
<Page>

     THUS DONE AND PASSED on the 31st of December, 2004, in the City of Boston,
Commonwealth of Massachusetts, in the presence of the undersigned witnesses who
hereunto sign their names with the Mortgagor and me, Notary, after due reading
of the whole.

WITNESSES:                               BORROWER
                                         ROYAL SONESTA, INC
/S/ Michelle Conceicao                   BY: /S/
                      -----                    --------------------------
/S/ David Rakouskas                      Name:      Boy van Riel
---------------------------                   --------------------------------
                                         Title:    V.P. & Treasurer
                                               -------------------------------

                                         GUARANTOR
                                         SONESTA INTERNATIONAL HOTELS
                                         CORPORATION
                                         BY: /S/
                                                ------------------------------
                                         Name:         Boy van Riel
                                               -------------------------------
                                         Title:     V.P. & Treasurer
                                               ---------------------------------

                          ----------------------------

                                  NOTARY PUBLIC
                            BAR # Michelle Conceicao
                                  NOTARY PUBLIC
                   MY COMMISSION EXPIRES ON November 15, 2007

     THUS DONE AND PASSED on the 22nd of December, 2004, in the city of New
Orleans, State of Louisiana, in the presence of the undersigned witnesses who
hereunto sign their names with the Mortgagor and me, Notary, after due reading
of the whole.

WITNESSES:                               BANK
                                         HIBERNIA NATIONAL BANK
/S/ Sharon F. Giron                      BY:   /S/
                   ------                    ------------------------------
/S/ Janet L. Carlallo                    Name:      Andrew B. Booth
-------------------------                     -----------------------------
                                         Title:     Vice President
                                               ----------------------------

                        /S/
                        ---------------------------------
                               KATHLEEN S. PLEMER
                                  NOTARY PUBLIC
                                   BAR # 11003
                        MY COMMISSION IS ISSUED FOR LIFE

                                                                              60

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