JOB DESCRIPTION AND MANAGEMENT AGREEMENT

JOB DESCRIPTION AND MANAGEMENT AGREEMENT

This Job Description and Management Agreement (the “Agreement”) between XXXXXXX SHORT TERM INCOME PROPERTIES XX INC. (“XXXXXXX XX”) AND XXXX XXXXX (“EXECUTIVE”), according to the following terms:

TITLE

EXECUTIVE’s title shall be CHIEF EXECUTIVE OFFICER (CEO).

TERM

The term of this Agreement shall begin October 15, 2022 and shall be for one year. Such term may be extended for one additional year if the parties hereto agree to do so in writing.

REPORTING

EXECUTIVE shall report to the Board of Directors of XXXXXXX XX, acting as o whole, He may seek insights or advice from The Executive Chairman, as he sees fit. But EXECUTIVE is not required to seek such advice or to follow it. His reporting will be to the XXXXXXX XX Board or the Executive Committee. In the case of a conflict between the duties of CEO and Executive Chairman the work shall be assigned to CEO or as otherwise determined by the Board.

DUTIES

EXECUTIVE’s duties shall be to manage the day-to-day business of XXXXXXX XX, including management of all businesses, properties, employees, finances, and strategies.

COMPENSATION

In exchange for such services, EXECUTIVE shall receive compensation of $40,000.00 monthly with a bonus of $40,000.00 after 6 months of service, plus all benefits to which all XXXXXXX XX employees are entitled. Performance bonus and stock incentive will be negotiated by the Comp Committee and the CEO. Also all parties agree to negotiate a phantom stock plan within thirty (30) days of the full execution of this Agreement.

AGREED:

XXXX XXXXX

/s Xxxx Xxxxx

_________________________

Xxxx Xxxxx, Individually

and

XXXXXXX SHORT INCOME PROPERTIES XX, INC.

BY:_/s Xxxxxx Xxxxxxx____________ BY:_/s Xxxx Xxxxxxxx_________

Xxxxxx X. Xxxxxxx, Xxxx Xxxxxxxx,

Chairman of the Nominating & Governance Nominating & Governance

Committee the Board Committee of the Board