Exhibit 10.8 Joint Development Agreement for Express Tunnel Carwash ProjectAcross America Real Estate Development Corp • October 6th, 2004 • Non-operating establishments
The following is an outline of the terms Across America Real Estate Development (AARD) will consider in relation to the proposed joint development agreement for Riverdale Carwash Littleton Colorado. If the following terms are agreeable to S&O Development AARD will proceed with the formulation of the legal documents and a contract. The following terms are not all-inclusive and are subject to change prior to formal approval of the indicated transaction. S&O Development and AARD will form a LLC for the development of the identified property. S&O Development will own 49.9% of the LLC and AARD will own 50.1% of the LLC. The name of the LLC will be Riverdale Carwash Lot3A, LLC.
