MANAGEMENT SERVICES AGREEMENT

THE UNDERSIGNED:

Royal Invest International Corporation (RIIC) a publicly traded corporation
trading on the Over the Counter (“OTC”) under the symbol RIIC, incorporated in
the United States of America in the State of Delaware with its registered office
located at 1350 Avenue of the Americas, 24th. Floor, New York, NY 10019, USA,
legally represented by its CEO Mr. Jerry Gruenbaum, hereinafter also referred to
as “RIIC”
 
and

Statenconsult B.V., a company organised and existing under the laws of The
Netherlands, with its registered office at Lichtenauerlaan 102-120, 3062 ME,
Rotterdam, The Netherlands, herewith represented by Mr. D. Havenaar and
hereinafter also referred to as "Management";
 
WHEREAS:

·  
The RIIC has requested and appointed Management to render certain services
referred to in Article 3 of this Agreement, which services Management is willing
to render;

·  
the parties hereto wish to establish their mutual obligations and
responsabilities;

 
HEREWITH UNDERTAKE AND AGREE THE FOLLOWING:

Article 1 - Appointment; domiciliation

1.  
Management is hereby appointed as Managing Director of Royal Invest Europe B.V.,
a subsidiary of RIIC, for an indefinite period. The appointment of Management
which takes effect from January 1, 2007 is hereby ratified and confirmed; any
activities performed by Management as Managing Director from the effective date
of its appointment are hereby approved and, to the extent necessary, ratified
and confirmed.

2.  
From the effective date of Management's appointment as Managing Director of
Royal Invest Europe BV (hereinafter “B.V.”) the registered office of B.V. shall
be at Management's registered office.

 
 
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Article 2 – Termination

1.  
RIIC may dismiss Management at any time, with or without cause, by giving one
month's written notice by registered mail to Management at its registered office
as mentioned above.

2.  
Management may resign with immediate effect at any time, with or without cause,
by giving written notice by registered mail addressed to RIIC.

3.  
If, for whatever reason, Management should cease to be the Managing Director of
B.V., B.V. will cease to have its registered office at Management's address, and
Management will cease to have any further responsibilities towards B.V. unless
expressly agreed and understood otherwise. In such event, Management is
authorised to notify the Trade Register of the Chamber of Commerce, the tax
authorities and all other authorities and parties having business with B.V.

4.  
Neither the dismissal nor the resignation of Management can ever per se serve as
grounds for a claim for damages on the part of B.V..

5.  
The covenants and agreements under both Article 4 and 5 of this Agreement will
not be affected by the dismissal or resignation of Management, and will survive
the termination of this Agreement.

Article 3 - Management/services

1.  
Within its professional standards Management will act as Managing Director of
B.V. and will manage and control the conduct of the business of B.V. in
accordance with the resolutions passed by and the instructions of RIIC and the
articles of association of B.V. and the laws of The Netherlands.

2.  
Management will maintain the due order and good standing of B.V. and undertakes
to perform such duties as may reasonably be expected of a person holding such
office.

3.  
The duties of Management towards B.V. will not prevent Management from acting as
managing director of other companies.

4.  
The rendering of services shall be conditional upon the complete and accurate
information provided by B.V. and/or RIIC.

5.  
B.V. and/or RIIC shall provide Management, upon request, with all information it
may require.

6.  
If and to the extent that B.V. and/or RIIC fails to provide Management with any
information requested, Management shall be discharged from its obligation to
perform the services to which the request for information relates.

 
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Article 4 – Confidentiality

1.  
Management will hold in strict confidence all information received from B.V.
and/or RIIC or in connection with B.V. and/or RIIC unless such information can
be obtained by the general public through inspection of public registers and
when disclosure of such information is required by law.

2.  
Management undertakes not to use the information obtained for any purpose other
than for or in connection with the management of B.V.

3.  
On termination of this agreement, Management undertakes to return all such
information it has from B.V. and/or RIIC in any form as well as not to use such
information after the aforesaid termination.

Article 5 - Limited activities of B.V.

B.V. declares that it does not intend to employ staff or to undertake trading
activities. Notwithstanding the foregoing B.V. will undertake all measures to
comply with all legal requirements applicable to B.V.

Article 6 -  Supply of information

1.  
In order to ensure that Management will be able to fulfil all requirements of
law or under the articles of association, B.V. and/or RIIC will provide
Management with all necessary information, records, and documentation.

2.  
If the information, records and documentation has to be provided by another
company of the "B.V. Group", the obligation to provide the information, data and
documentation will be assumed by that company.

Article 7 – Fees

1.  
In consideration for performance by Management in accordance with the terms of
this Agreement, B.V. and RIIC agree jointly and severally to pay the following
fees and charges:

-
a fixed fee for usage name and credentials; € 2.000,- monthly starting January
1, 2007.

-
a variable fee based, starting January 1, 2007, on the actual time spent for the
services as defined in Article 3 with a minimum charge of  € 5000,- monthly
representing an average  of 60 hrs /months by a professional of Statenconsult
b.v charged on a time spent basis.;

 
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-   A starter fee of  € 18.000,- To be paid in 6 monthly instalments of  €
3000,-

-
the reimbursement of actual costs and disbursements (expenses), including but
not limited to telex, telefax, telephone, postage, etc.

2.  
Fees shall be adjusted every year on the basis of the increase (if any) of the
cost of living index in The Netherlands.

3.  
The domiciliary fee will be billed annually in advance by Management. The other
fees and charges will be billed either monthly or quarterly by Statenconsult.

4.  
Management is hereby authorised to pay the said fees and charges out of B.V.'s
bank account when 14 days have lapsed after having sent a copy of the invoices,
unless advised otherwise within this term.

5.  
All fees and charges, whether billed by Management or by the Statenconsult,
shall be paid without set-off or counterclaim, and free and clear of and without
deductions, within one month of the day on which they are billed. Legal interest
will accrue on all overdue amounts from the day following the last day on which
the fees and charges should have been paid.

6.  
In addition to the payment of legal interest, RIIC and B.V. hereby agree jointly
and severally to pay any and all costs incurred in the collection of overdue
amounts owed pursuant to this Agreement, including reasonable legal fees.

 
Article 8 – Indemnity

1.  
RIIC and B.V., jointly and severally, hereby covenant and agree, without any
right to set-off or counterclaim, to indemnify and hold harmless Management and
any of its directors, officers or employees, from and against any liability,
personal or otherwise, arising from or by reason of Management's taking or
failure to take any action in connection with or pursuant to this Agreement and
the activities contemplated hereunder.

2.  
RIIC and B.V., jointly and severally, further covenant and agree to indemnify
and hold harmless Statenconsult, and its partners, associates or employees, from
and against any liability, personal or otherwise, arising from or by reason of
Management's or Statenconsult's taking or failure to take any action in
connection with or pursuant to this Agreement and the activities contemplated
hereunder.

3.  
Neither Management, nor its directors, officers or employees, will be liable to
RIIC and/or B.V. personally or otherwise, in relation to Management's taking or
failure to take any action in connection with or pursuant to this Agreement and
the activities contemplated hereunder, except in the case of gross negligence
and/or wilful misconduct of Management.

 
 
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Article 9 - Contemplated sale or disposal of shares

1.  
RIIC and B.V. undertake to give Management as much advance notice as possible of
any contemplated sale or transfer of any beneficial interest in B.V.

2.  
Should RIIC undertake any sale, transfer, pledge or usufruct as set forth in
paragraph 1 of this Article, RIIC and/or B.V. shall provide Management as much
in advance as possible with the identity, address and credentials of the
purchaser, transferee, pledgee, and ensure that such person or entity grants
Management an undertaking fully equivalent to that set forth in this Agreement.
In the event that Management finds such person's or entity's credentials or
undertaking unsatisfactory, Management will be at liberty to resign in the
manner set forth in Article 2.

 
Article 10 – Amendments

The provisions of this Agreement may be amended only by an instrument in
writing, signed by the parties hereto.
 
Article 11 - Applicable law and forum

This Agreement shall be interpreted in accordance with and be governed by the
laws of The Netherlands. Any dispute hereunder will be submitted to the District
Court of Utrecht, The Netherlands, acting in the first instance, unless
Management as petitioner chooses to submit the dispute to any other court having
jurisdiction over the parties.

IN WITNESS WHEREOF, this Agreement has been concluded by the parties hereto as
of January 1st. 2007, and has been signed in duplicate in Amsterdam, the
Netherlands on May 25th. , 2007

 

Jerry
Gruenbaum                                                                                D.
Havenaar
CEO
RIIC                                                                                             MD
Statenconsult b.v.

 
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