Contract

Summary of Oral Employment Agreement with Robert K. Oldham M.D. Robert K. Oldham M.D., is a principal shareholder of Cancer Therapeutics,Inc. Dr. Oldham is the CEO and a member of the board of directors. Dr. Oldhamdoes not receive a salary, and does not accrue salary. Cancer Therapeutics andDr. Oldham have not entered into a written employment agreement, and eitherCancer Therapeutics or Dr. Oldham may terminate their oral employment agreementat any time, for any reason or for no reason. Dr. Oldham does not receive any health, dental or life insurance benefits,and he does not receive any retirement or severance benefits from CancerTherapeutics.