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Exhibit 10.2
MANAGEMENT AGREEMENT
THIS CONSULTING AGREEMENT ("Agreement") is made and entered into
this 1st day of
August, 2007 ("Effective Date"),
Between
LIFESPAN INC
6204 Sugartree Ave,
Las Vegas, Nv. 89141
("CORPORATION")
AND:
Stuart Brame
6204 Sugartree Ave,
Las Vegas, Nv. 89141
("CONSULTANT and/or CEO")
1. Term of Agreement.
The respective duties and obligations of
the parties
shall
commence on the Effective Date and shall continue for a period of
twelve
(12) months.
2. Consultations.
The Consultant shall as CEO make itself available to
consult
with the directors and the officers of the Corporation, at
reasonable
times, concerning any issue of importance regarding certain
opportunities
available to the
Corporation
and other relevant matters
relating
to the business of the Corporation. Specifically, it is
anticipated
that the
Consultant
shall (i) as CEO
assist the directors
and officers of
the
Corporation in connection with various delegated matters; and (ii) as
CEO
consult with the
directors and officers
of the Corporation
regarding
business
direction.
3. Compensation.
In consideration and
compensation for the
provision of
the
Services,
the Corporation shall pay the CEO the sum of $120,000 annually in
advance
which sum shall be due and payable upon execution hereof.
4. Management
Power of the CEO. The business affairs of the Corporation
and the
operation of business of the Corporation shall be conducted by the
CEO,
and other officers, administrative staff and employees of the
Corporation. It is the
intention of the Corporation to grant or delegate to
the
Consultant as CEO, the power of direction, management, supervision and
control of
the administrative staff or other employees of the Corporation.
<page>
5. Consultant
to Act as CEO. From time to time, the Corporation may
deem it
advisable to enter into agreements with various persons. Regarding
those
agreements, the
Consultant as CEO shall be, and hereby is, designated
as an
agent of the
Corporation for the purpose of negotiating the terms and
conditions
of those agreements.
The CEO, shall not obligate the Corporation
to any
such agreement without
first obtaining the approval of the terms and
conditions
of any such agreement from the Board of Directors of the
Cor
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