MANAGEMENT
SERVICES AGREEMENT
THIS
AGREEMENT dated for reference the 9 th day of October
2009.
BETWEEN:
GOLDEN
ARIA CORP., a
company duly incorporated under the laws of the Province of British
Columbia and having its office at #950 - 1130 West Pender Street,
Vancouver, British Columbia V6E 4A4
(hereinafter
referred to as the “Company”)
OF
THE FIRST PART
AND
BKB
Management Ltd of
5631 Sumac Place, British Columbia, V7R 4T6
(hereinafter
referred to as "BKB")
WHEREAS
:
A.
The
Company wishes to employ BKB as its Chief Financial Officer and to
provide management Services to it on the terms and conditions
hereinafter set forth.
B.
BKB
has agreed to provide the Services to the Company on the terms and
conditions set out in this Agreement.
NOW
THEREFORE THIS AGREEMENT WITNESSES THAT in consideration of the
premises and of the covenants and agreements hereinafter contained
the parties hereto have agreed as follows:
1.
ENGAGEMENT
OF SERVICES
1.1.
The
Company hereby engages BKB to provide management Services as an
independent contractor to the Company under the direction of the
Company’s Board of Directors and under the direction of the
President and/or Chief Executive Officer; and
1.2.
BKB
hereby agrees to perform the following duties required of her in
accordance with the terms of this agreement namely:
(a)
all
duties expected of a chief financial officer of an oil and gas
exploration company and of an alternative energy company, including
sourcing and/or negotiation of financial proposals and corporate
financings; preparation and review of financial statements, notes
and various regulatory reports; communications with shareholders;
negotiation and management of oil and gas selling agreements; and
any other duties that should be reasonably expected by the Board of
Directors or Chief Executive Officer (the
“Services”).
2.
TERM
2.1.
The
initial term of this Agreement shall be for a period of six (6)
months, commenci