m -- Converted by S, created by BCL Technologies Inc., for SEC Filing



MANAGEMENT AGREEMENT

January 1, 2006.


	BETWEEN:  	  
	  	BLACK DIAMOND
      HOLDINGS CORP., a British Columbia corporation with offices at 
    
	  	600-595 Hornby St., Vancouver, BC V6C
      2E8  
	  	Phone No. (604) 646-5620 
    
	  	(Herein referred to as the
      "Company")  
	  		Of the First
      Part   
	AND:  	  
	  	J. ROBERT
      MOYNES,
      businessman, with an office at  
	  	Suite 8 – 1063 W. 7th Ave., Vancouver, BC V6H
      1B2  
	  	Phone No. (604) 738-0455 
    
	  	(Herein referred to as the
      "Vice President”)  
	  	 	 Of the Second
    Part 
	WHEREAS:  	 
  



	·      	The Vice President has accepted an engagement to work
      for the Company in accordance with the terms and conditions of 
this
      Agreement. 
	 


THIS AGREEMENT WITNESSES that in
consideration of the premises, mutual covenants and agreements herein
contained,
the parties agree as
follows:


	1. 
          	Services:
    
	 
	1.1   
        	The Vice President
      shall work on behalf of the Company, including without limitation the
      following services: 
	 
	1.2   
        	As Portfolio Manager,
      manage the product portfolio of Wine, Spirits, & Beer for the wholly
      owned company 
	 
	 	 	subsidiary, Black Diamond
      Importers Inc. 
	 
	2. 
          	Compensation: 
	 
	 	a) 
          	The Vice President shall be paid
      an annual salary of $60,000.00 USD. 
	 
	 	b) 
          	The parties acknowledge and agree
      that the Portfolio Manager is an employee of the Company. 
	 


3. Terms and
Termination:


	a) 
          	The term of this Agreement
      commences on the date set out at the top of the first page hereof and
      continues for the period of 
one (1) years. The parties may extend the
      term by mutual consent in writing. 
	 
	b) 
          	Either party may terminate this
      Agreement at any time and for any reason upon providing the other party
      with one year 
written notice of termination. Such termination shall
      not affect any amount owing, obligation or liability existing or
      
incurred prior to the date of such termination, including fees payable
      to the Vice President. 
	 


	4. 
          	General: 
	 
	 	a) This Agreement shall not be modified, amended, rescinded or waived,
      in whole or in part, except by written amendment 
signed by the parties
      hereto. 
	 


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	b) 
          	Each of the parties acknowledges
      and confirms that he/she has been provided sufficient opportunity to
      obtain the 
recommended independent legal advice and understands the
      terms of, and its rights and obligations under this Agreement.
  
	 
	c) 
          	Time is of the essence with
      respect to the performance of obligations in this Agreement. 
	 
	d) 
          	This Agreement shall inure to the
      benefit of and be binding on all of the parties hereto and their
      respective executors, 
administrators, successors and permitted
      assigns. 
	 
	e) 
          	This Agreement shall be construed
      and governed by the laws of the Province of British Columbia.

	 
	f) 
          	The headings to the articles,
      paragraphs, parts or clauses of this Agreement and the table of contents
      are inserted for 
convenience only and shall not affect the
      construction hereof. 
	 
	g) 
          	The parties hereto acknowledge
      that they have carefully read this Agreement and understand and agree to
      be bound by all 
of the terms and conditions found herein.

	 


IN WITNESS WHEREOF the parties hereto have
caused this Agreement to be duly executed and delivered as of the day and

year first above written.

____________________________
J. Robert
Moynes, 
Vice President
Black Diamond Holdings Corp.


Accepted By:


____________________________
J. Robert
Moynes


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