MANAGEMENT SERVICES AGREEMENT
THIS AGREEMENT dated effective as of the 1st day of December, 2000.
BETWEEN: C.H.M. CONSULTING INC., of
0000 Xxxxx Xxxxxx,
Xxxx Xxxxxxxxx, Xxxxxxx Xxxxxxxx, Xxxxxx
(hereinafter called "CHM Consulting")
OF THE FIRST PART
AND: TUSCANY MINERALS, LTD., a company
incorporated under the laws of the
State of Nevada
(hereinafter called "Tuscany") OF THE SECOND PART
WHEREAS:
A. J. Xxxxxxx Xxxxxx is an employee of CHM Consulting ("Barley");
X. Xxxxxx has geological, business and management expertise;
C. CHM Consulting maintains an office with administration services,
including telephone and computer services;
D. Tuscany requires geological technical services, management
services, office administration services, including telephone and
computer services, and wishes CHM Consulting to provide same to
Tuscany.
NOW THEREFORE THE PARTIES HAVE AGREED and do hereby agree as follows:
1. CHM Consulting hereby agrees to provide the services of Barley as
President of Tuscany to carry out management and direction of the
business of the Company, including managing and supervising and
coordinating any mineral exploration activities carried out by
Tuscany (the "Management Services").
2. CHM Consulting hereby agrees to provide office administration
services, including telephone and computer services, to Tuscany
(the "Administrative Services").
3. In consideration of CHM Consulting providing all the Management
Services and the Administrative Services to Tuscany, Tuscany
agrees to pay to CHM Consulting a
-2-
consulting fee in the amount of
$750.00 U.S. per month payable on the 1st day of each month (the
"Consulting Fee").
4. In addition to the payment of the Consulting Fee, Tuscany agrees
to reimburse CHM Consulting for any expenses directly
attributable to performing its obligations to Tuscany pursuant to
this Agreement.
5. It is agreed that the Management Services to be provided by
Barley on behalf of CHM Consulting to Tuscany will account for
approximately 15% of Barley's business time. The Consulting Fee
will be increased in the event that Barley is required to spend
more than 15% of his business time in providing the Management
Services to an amount equal to fair market value of Barley's
services.
6. This Agreement shall be for a term of one year and one month
commencing December 1, 2000 and ending December 31, 2001.
7. No amendment or termination of this Agreement shall be valid
unless it is in writing and executed by both parties.
8. Time shall be of the essence of this Agreement.
IN WITNESS WHEREOF the parties hereto have executed this Agreement as
of the day and year first above written.
C.H.M. CONSULTING INC.
by its authorized signatory
/s/ J. Xxxxxxx Xxxxxx
---------------------------------
Signature of Authorized Signatory
J. XXXXXXX XXXXXX
---------------------------------
Name of Authorized Signatory
TUSCANY MINERALS, LTD.
by its authorized signatory
/s/ J. Xxxxxxx Xxxxxx
---------------------------------
Signature of Authorized Signatory
J. XXXXXXX XXXXXX
---------------------------------
Name of Authorized Signatory
