Exhibit 10.4
MANAGEMENT CONTRACT
BETWEEN:
Crown International Inc. ("Crown")
And
Macwin Investments Inc. ("Macwin")
The parties agree as follows:
l. From the 1st day of April, 2003 Macwin agrees to provide to Crown the
following services: - services of at least three people, each proficient as
follows and for monthly compensation noted
(a) one person in General Management $10,000
(b) one person in Marketing $10,000
(c) one person for Professional Services $5,000
- provide the capital and/or services or equipment or expenses necessary
for the development of Crown's services, products and business models
and their commercial applications;
- provide full and complete accounts and records for Crown;
- oversee Development Crown's services and products;
- develop relationships with industry participants to further and
promote Crown's services and products;
- source, explore and develop Commercial Applications and
commercialization of Crown's products and services;
- to assist with the sales and marketing of Crown's services and
products and to assist with the development of Crown's business
models;
- assist Crown in its efforts to list and trade it stock
2. No more than once in each and every year after the date hereof, Macwin
shall present to Crown an invoice for its services as aforesaid and Crown
agrees to pay or provide forthwith to Macwin the value of such services.
3. This contract may be terminated by either party upon 30 days written notice
delivered to the other at its usual place of Business.
DATED at Toronto this 1st day of April, 2003.
CROWN INTERNATIONAL INC. MACWIN INVESTMENTS INC.
By: /s/ Xxxx Xxxxx By: /s/ Xxxxx Xxxxx
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Xxxx Xxxxx Xxxxx Xxxxx
Director / Chief Operating Person President
