MANAGEMENT SERVICES AGREEMENT (All amounts are stipulated in United States dollars)
(All
amounts are stipulated in United States dollars)
THIS
AGREEMENT dated effective as of the 1st day of May 2004.
BETWEEN:
#000
-
000 Xxxx Xxxxxxxx
Xxxxxxxxx,
XX. Xxxxxx, X0X 0X0
A
Nevada
State Incorporated Company
(Hereinafter
called the "Company") OF
THE
FIRST PART
AND:
Xxxxxx
C.N. Xxx
#803
Xxxxx Xxxx Building
20
- 00X
Xxxxxxxxx Xxxx Xxxx
Xxxx
Xxxx
(Hereinafter
called "Xxx")
OF THE SECOND PART
WHEREAS:
Xxx
is
not an employee of the Company;
Xxx
is an
Officer and Director of the Company;
Xxx
is a
Canadian citizen and resident of Hong Kong with extensive local area knowledge
and business connections;
Xxx
maintains his own offices in Hong Kong and China with administration services,
including telephone and computer services.
The
Company requires a liaison personnel to provide: (i) local knowledge in
manufacturing industry; (ii) provide quality control for the finished products
supply by local garment factories; and (iii) management services, office and
administration services, including telephone and computer services.
NOW
THEREFORE THE PARTIES HAVE AGREED and do hereby agree as follows:
Xxx
hereby agrees to provide the following services to the Company: (i) local
knowledge source manufacturing factories; (ii) provide quality control for
all
products produce by local factories; (iii) management services, office and
administration services, including telephone and computer services; and (iv)
to
carry out management and direction of the business of the Company, including
managing and supervising and coordinating any export activities from
China/Mongolia carried out by the Company.
In
consideration of Xxx providing all the above services, the Company agrees to
pay
to Xxx a consulting fee in the amount of $2500.00 per month payable on the
last
day of each month effective May 1, 2004 (the "Consulting Fee").
In
addition to the payment of the Consulting Fee, the Company agrees to reimburse
Xxx for any expenses directly attributable to performing its obligations to
the
Company pursuant to this Agreement.
This
Agreement shall be for a term of one year commencing May 1, 2004 and ending
April 30, 2005.
No
amendment or termination of this Agreement shall be valid unless it is in
writing and executed by both parties.
Time
shall be of the essence of this Agreement.
IN
WITNESS WHEREOF the parties hereto have executed this Agreement as of the
_________ day of ________________, 2004.
By
its
authorized signatory By
its
authorized signatory
/s/
Xxxxx Xx /s/
Xxxxxx C.N.
Xxx
Signature
of Authorized Signatory Signature
of Authorized Signatory
Xxxxxx
C.N. Xxx
By
its
authorized signatory
/s/
Xxxxxx C.N. Xxx
Signature
of Authorized Signatory