EMPLOYMENT CONTRACT AGREEMENT

This Employment Contract Agreement (hereinafter referred to as the "Agreement") is made and

entered into on 09-11-2023, by and between:

Employer:

The Planck Group B.V.

Wibautstraat 131D

1091 GL, Amsterdam

The Netherlands

Employee:

Zahab Khan

A82-block4 Gulistan-e-juhar

(karachi, 75290)

Country: Pakistan

1. POSITION AND RESPONSIBILITIES

1.1 Position: The Employer hereby employs the Employee as a Developer/Software Engineer

(hereinafter referred to as the "Employee") with the following job title: Junior Software
Engineer.

1.2 Responsibilities: The Employee's primary responsibilities will include but are not limited to

● Developing, testing and debugging software code

● Documenting development processes and completing tasks within set timeframes

● Adhering to software development best practices

● Learning and adopting new technologies as needed

● Collaborating with cross-functional teams

2. TERM OF EMPLOYMENT

2.1 Commencement Date: The Employee's employment will commence on 09-11-2023.

2.2 Probation Period: There will be a probationary period of 3 weeks during which either party
may terminate this Agreement with notice as per the terms herein.

2.3 Termination: After the probation period, this Agreement can be terminated by either party
upon 2 weeks written notice or in accordance with the applicable Dutch labor laws.
3. COMPENSATION

3.1 Token Compensation: The Employee will receive compensation solely in the form of the

native token of the Planck’s Constant-Chain called the: $PLN Token ("the Token").

The Employee will receive a monthly salary of 388.284 $PLN Tokens, equivalent to €3500 per
month. ($PLN will be worth €0.009014 per token at initial exchange listing)

This salary is based on a 25-hour work week, the salary will.

The compensation will be subject to the following terms:

3.1.1 Vesting Schedule: The Token compensation will vest in accordance with the official Token
vesting schedule, as determined by the Employer. The vesting period shall commence on
06-01-2023 and continue until the initial exchange listing of $PLN Token.

3.1.2 Payout Schedule: Tokens will be earned monthly, starting from 09-11-2023. However, the
actual payout of earned tokens will be subject to the following conditions:

3.1.2.1 Vesting Period: The Token earned each month will be subject to the vesting period as
defined in the official vesting schedule of Planck.

3.1.2.2 Accumulation of Earned Tokens: The Employee will earn tokens each month, and these
earned tokens will be noted by the Employee and recorded by the Employer.

3.1.2.3 Full Payout: The actual payout of all the earned tokens for all the months worked will
occur within 12 weeks after the official exchange listing of the Token, as per the vesting
schedule applicable to operations allocation.

3.1.2.4 Employee Record-Keeping: The Employee agrees to maintain accurate records of the
tokens earned each month. These records will be used to reconcile the final payout upon the
vesting schedule's completion. Any discrepancies between the Employee's records and the
Employer's records will be resolved in accordance with the Employer's payroll procedures.

3.1.3 Additional Reward: In recognition of long-term commitment and contribution to the

company, if the Employee remains employed with the company for a minimum of 4 months, they
will be eligible for an additional reward of 0.30% of the total Token supply of $PLN Token. This
reward will be granted once the Employee attains the status of a "Founding Engineer" of the
network, as determined by the Employer.

3.1.4 Taxation: The Employee acknowledges that the Token compensation may be subject to
taxation, and it is the Employee's responsibility to comply with all tax obligations related to the
receipt and sale of Tokens.

Certainly, you can add a clause to the employment contract to specify that all technology
developed by the employee while working for your company is owned by your company. Here's
an updated section to include this provision:

4. WORKING HOURS

4.1 Working Hours: The standard working hours are 25 hours per week, as defined by Dutch
labor laws.

4.2 Overtime: Any overtime worked by the Employee will be compensated in accordance with
Dutch labor laws.

Developer Overtime Compensation Structure

5. BENEFITS

5.1 Vacation: The Employee is entitled to 10 days of paid vacation per year.

5.2 Sick Leave: The Employee is entitled to sick leave in accordance with Dutch labor laws.

5.3 Other Benefits: The Employee may be eligible for other benefits as per the company's
policies, including health insurance, pension contributions, and professional development
opportunities.

6. CONFIDENTIALITY

6.1 Confidentiality Obligation: The Employee agrees to maintain strict confidentiality regarding
any company information, trade secrets, and proprietary data during and after employment.

7. NON-COMPETE AND NON-SOLICITATION

7.1 Non-Compete: The Employee agrees not to engage in any business or employment
activities that may directly compete with the Employer for a period of 6 months after the
termination of employment.

7.2 Non-Solicitation: The Employee agrees not to solicit or entice any of the Employer's clients,
customers, or employees for a period of 12 months after the termination of employment.
8. TERMINATION

8.1 Termination for Cause: The Employer may terminate this Agreement immediately for cause,
including but not limited to gross misconduct, breach of confidentiality, or failure to perform
duties satisfactorily.

8.2 Termination by Employee: The Employee may terminate this Agreement by providing 2
weeks written notice to the Employer.

8.3 Termination during Probationary Period:

During the probationary period of 3 weeks, Planck retains the right to terminate this employment
agreement at any time, with or without cause and with or without notice, without any obligation
to provide severance, notice, or any other compensation or benefits.

9. INTELLECTUAL PROPERTY

9.1 Ownership of Work Product: The Employee acknowledges and agrees that any and all
technology, software, code, inventions, designs, and other work product created, developed, or
produced by the Employee during the course of employment with the Employer, whether
individually or in collaboration with others, and whether during working hours or otherwise
(hereinafter referred to as "Work Product"), shall be the exclusive property of the Employer.

9.2 Assignment of Rights: The Employee hereby assigns, transfers, and conveys to the Employer
all rights, title, and interest in and to the Work Product, including but not limited to all
intellectual property rights, copyrights, patents, trademarks, and trade secrets. The Employee
agrees to execute any necessary documents and take any actions reasonably required by the
Employer to perfect and protect these rights.

9.3 Non-Disclosure: The Employee agrees to keep all Work Product confidential and not to
disclose, reproduce, distribute, or otherwise use the Work Product for any purpose other than the
performance of duties for the Employer without the express written consent of the Employer. 9.4
Post-Employment Obligations: The obligations in this section shall survive the termination of
employment and continue in perpetuity.

10. CHOICE OF COMPENSATION FORM

10.1 Institutional Funding: In the event that the Employer secures institutional funding, the
Employee shall have the option to choose their preferred form of compensation, subject to the
following conditions:
10.2 Option 1: Mixed Compensation: The Employee may choose to receive a combination of

$PLN Token ("the Token") and euros as their monthly salary. The specific ratio and terms of this
mix shall be agreed upon by the Employee and the Employer and shall be documented in
writing.

10.3 Option 2: Token-Only Compensation: Alternatively, the Employee may choose to receive
their entire compensation exclusively in the form of the Token. In such a case, the terms and
conditions related to Token compensation, including vesting and payout schedules, shall apply.
10.4 Change of Choice: The Employee may change their choice of compensation form by
providing written notice to the Employer. Any changes shall be implemented in accordance with
the Employer's payroll procedures and applicable laws.

10.5 Tax Implications: The Employee acknowledges that their choice of compensation form may
have tax implications, and it is the Employee's responsibility to seek professional advice and
comply with all tax obligations related to the chosen compensation form.

11. GOVERNING LAW

This Agreement shall be governed by and construed in accordance with the laws of the
Netherlands.

12. ENTIRE AGREEMENT

This Agreement constitutes the entire understanding between the parties and supersedes all
prior agreements and understandings, whether written or oral.

IN WITNESS WHEREOF, the parties hereto have executed this Employment Contract

Agreement as of the date first above written. Employer:

The Planck Group B.V.

Diam Hamstra

Managing Director

09-07-2023
Employee:

Zahab Khan

10/9/2023