MANAGEMENT AGREEMENTManagement Agreement • July 17th, 2007 • Asianada, Inc. • Metal mining • California
THIS MANAGEMENT AGREEMENT (the “Agreement”) is entered into as of July 11, 2007 (the “Effective Date”) by and between ASIANADA, INC., a Nevada corporation (the “Company”) and TRINAD MANAGEMENT, LLC, a Delaware limited liability company (the “Manager”).
Trinad Capital Master Fund, LtdAsianada, Inc. • July 17th, 2007 • Metal mining
Trinad Capital Master Fund, Ltd (“Trinad”) hereby agrees to loan Asianada, Inc. (the “Company”) up to a principal amount of $100,000 (the “Loan”) at any time and from time to time prior to the Company’s consummation of a Next Financing (as hereinafter defined). Trinad shall make advances to the Company in such amounts as the Company shall request from time to time. The Loan shall bear interest at 10% (ten percent) per annum. The entire outstanding principal amount of the Loan and any accrued interest thereon shall be due and payable by the Company upon, and not prior to, the consummation of a sale of securities (other than a sale of shares of the Company’s Common Stock, $0.01 par value per share (the “Common Stock”), to officers, directors or employees of, or consultants to, the Company in connection with their provision of services to the Company), to a third party or parties with proceeds to the Company of not less than $200,000 (a “Next Financing”).
