Exhibit 10.2
MANAGEMENT CONTRACT
BETWEEN:
Crown International Inc. ("Crown")
And
Macwin Investments Inc. ("Macwin")
The parties agree as follows:
1. From the 1st day of April, 2000 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 technology and it's
commercial applications
- provide full and complete accounts and records for Crown
- oversee Development of Technology
- develop relationships with software developers to assist with
Crown's technology and its applications
- source, explore and develop Commercial Applications and
commercialization of Crown's technology
- ensure that Crown's technology is developed with commercially
viable functions, capabilities and compatibilities
- coordinate and direct and obtain facilities and personnel
necessary for the Research and Development of Crown's technology
and its commercial applications
- assist Crown in its effort to list and trade its 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, 2000.
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
