MANAGEMENT SERVICES AGREEMENT
THIS AGREEMENT dated effective as of the 26th day of April, 2001.
BETWEEN: XXXXXX XXXXXX, of 0000 Xxxxxxx Xxxx Xxxx, Xxxxxxxx Xxxxx,
Xxxxxxx Xxxxxxxx, Xxxxxx
(hereinafter called "Mingay")
OF THE FIRST PART
AND: WINESHARES INTERNATIONAL INC., a company incorporated under
the laws of the State of Nevada
(hereinafter called "Wineshares")
OF THE SECOND PART
WHEREAS Mingay has vineyard management expertise;
AND WHEREAS Wineshares requires vineyard management services and wishes Mingay
to provide same to Wineshares;
NOW THEREFORE THE PARTIES HAVE AGREED and do hereby agree as follows:
1. Mingay hereby agrees to provide his services as Vineyard Manager to carry
out management and direction of the Eagle Bluff Vineyard (the "Vineyard")
pending closing of Wineshares' agreement to acquire the Eagle Bluff Vineyard
(the "Management Services").
2. Mingay hereby agrees to provide the vineyard management services good and
workmanlike manner and to properly care for and husband the vines.
3. In consideration of Mingay providing all necessary vineyard management
services, Wineshares agrees to pay to Mingay a fee in the amount of $1,000.00
per month payable on the 15th day of each month (the "Management Fee").
4. In addition to the payment of the Management Fee, Wineshares agrees to
reimburse Mingay for any expenses directly attributable to performing his
obligations to Wineshares pursuant to this Agreement.
5. During the currency of this Agreement Mingay will be entitled to reside
in the building on the Eagle Bluff Vineyard at no expense but shall be
responsible for the payment of utilities.
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6. This Agreement shall commence on the date hereof and shall terminate on
the closing or termination of Wineshares' Agreement to purchase the Eagle Bluff
Vineyard.
7. No amendment of this Agreement shall be valid unless it is in writing and
executed by both parties.
8. Time shall be of the essence of this Agreement.
IN WITNESS WHEREOF the parties hereto have executed this Agreement as of the day
and year first above written.
SIGNED SEALED AND DELIVERED
by XXXXXX XXXXXX in the presence of:
/s/ X. Xxxxxxxx
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Signature of Witness
X. Xxxxxxxx /s/ Xxxxxx Xxxxxx
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Name of Witness Xxxxxx Xxxxxx
1631 Xxxxx St.
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Address of Witness
North Vancouver
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WINESHARES INTERNATIONAL INC.
by its authorized signatory:
/s/ Buko von Krosigk
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Signature of Authorized Signatory
Buko von Krosigk
------------------------------------
Name of Authorized Signatory
