# Management Services
Memorandum

CONFIDENTIAL

This Management Services Memorandum (Memorandum) is BY and BETWEEN

LIVESTAR Entertainment Group, Inc.
(LIVESTAR)having office at 4th floor 62 w. 8th Ave Vancouver,
BC V5Y 1M7

And RYM Management Ltd. (RYM) at  #71 - 1075 Granville Street Vancouver, BC V6Z 1L4.

Whereas RYM is a corporation duly
established under the laws of the Province of British Columbia to provide management and
consulting services to other corporations;

Whereas LIVESTAR is a corporation
established under the laws of the State of Nevada and is desirous of utilizing the
services of RYM;

Whereas this Memorandum outlines the
understanding of the parties of the following terms and conditions of Service between
LIVESTAR and RYM;

Whereas this Memorandum outlines the
understanding of the parties of the following terms and conditions of Service between
LIVESTAR and RYM.

| | 1. | Role and Scope of Work:
| | -- | -----------------------

| | a. | RYM
will provide the services of Ray Hawkins (RH) to act as an officer and
               director and provide services for LIVESTAR and its LIVESTAR subsidiaries.
See                Schedule A for details.
| | -- | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | 2. | Term & Compensation:
| | -- | --------------------

| | a. | TERM
 Starting on November 1, 2003 for a term of 3 years, 2 months.
| | -- | --------------------------------------------------------------------

| | b. | Cash
               Compensation/Management Services Fees  $10,000 USD /month
| | -- | ------------------------------------------------------------------------------

| | c. | Fees
will be                paid on invoice from RYM.
| | -- | -----------------------------------------------------

| | d. | Annual
Cash Compensation and Stock Compensation will be reviewed every six (6)
               months of the Term.
| | -- | -----------------------------------------------------------------------------------------------------------------

| | e. | The
Parties agree that, at their mutual discretion,                LIVESTAR has the right to
make an offer of employment to RH during the Term, and                that RH has the
right to accept such offer, without any hindrance from RYM,                irrespective
of the terms of any employment or services agreement between RYM                and RH
including non-compete and non-solicitation.
| | -- | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | f. | RYM
will have the right to receive additional Cash Compensation from LIVESTAR
               subsidiaries/ventures that RH is contributing significant services.
| | -- | ----------------------------------------------------------------------------------------------------------------------------------------------------------------

| | g. | Stock
Compensation  RH will have the right be granted Stock based
               Compensation whether in form of Stock Options or Stock Grants. Both
parties                agree to determine Stock Based Compensation as early as possible
in the Term.
| | -- | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | h. | Additional
Performance-Based Fees and/or Bonuses  RYM will have the right                to
earn additional fees and/or bonuses from LIVESTAR or any of its
               subsidiaries/ventures. The type of additional fees/bonuses will be of the
               following nature:
| | -- | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | i. | Additional
Cash Compensation/Service Fees based on To Be Determined (TBD)                milestones
ii. Additional Stock Compensation (Stock Options or Grants) based on                TBD
milestones iii. Additional Stock Options on TBD milestones iv. No such
               fees/bonuses will be payable until the specific performance bonus terms
are                determined and approved by the board and subsequently earned by RYM.
| | -- | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | 3. | Expenses: LIVESTAR agrees to meet all of RYMs expenses in carrying out
               work for LIVESTAR provided that these are for valid and approved business
               purposes conducted on behalf of LIVESTAR, and that for all expenses above $25,
               they are supported by receipts. RYM will submit expense reimbursement claims
               once per month.
| | -- | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | 4. | Health Benefits: LIVESTAR will provide the same health benefits to RH as are
               provided to its own employees.
| | -- | --------------------------------------------------------------------------------------------------------------------------

| | 5. | Property Development Compensation: As part of RYMs overall compensation,
               LIVESTAR will afford RH and/or RYM the right to receive royalty or income
               sharing compensation rights in all products, services or ventures created,
               co-created, invented or co invented or conceptualized or co conceptualized by RH
               or RYM for LIVESTAR or any of its subsidiaries/ventures. This Property
               Development Compensation will be negotiated on a case-by-case basis and will
               executed via separate Property Development agreements. Any Cash
               Compensation/additional performance fees Paid to RYM for Property Development
               Compensation will be deducted from any Property Development Compensation
               royalties or income sharing owed to RYM will be considered advances on Property
               Development Compensation. All Property Development Agreements and subsequent
               Property Development Compensation will be subject to approval of the Board of
               Directors of LIVESTAR or the relevant LIVESTAR subsidiary/venture.
| | -- | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | 6. | Termination Terms:
| | -- | ------------------

| | a. | Notice
Terms  If LIVESTAR terminates this Memorandum it must give RYM 60
               days written notice. IF RYM terminates this Memorandum it must give
LIVESTAR 90                days written notice.
| | -- | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | b. | Termination
Provisions  If RYMs services are terminated the                following
provisions will take effect:
| | -- | -------------------------------------------------------------------------------------------------------------------

| | c. | All
outstanding invoices or salaries from RYM will become due and payable
               immediately
| | -- | ----------------------------------------------------------------------------------------------------

| | d. | All
outstanding Loans from RH or RYM are due and payable                immediately
| | -- | -----------------------------------------------------------------------------------

| | e. | RYM
will have the right to convert any outstanding invoices,                salaries, loans
payable or other income payable to common stock @ reasonable                discount to
market price with demand registration rights
| | -- | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | f. | All
unvested options will be vested immediately
| | -- | -----------------------------------------------

| | g. | All
Property Development Compensation Agreements will remain in effect
| | -- | ----------------------------------------------------------------------

| | h. | LIVESTAR
will have the right to offer a buy out of RYMs equity position,
          convertible rights and any and all Property Development Compensation Agreements
| | -- | -------------------------------------------------------------------------------------------------------------------------------------------------------------------

|7. | Both parties understand that this Memorandum provides the basis for a long-form
          agreement to be completed within 90 days of the signing of this Memorandum. In
          the case the long-form agreement is not fully executed before the end of
          aforementioned 90 days, the 90-day period will automatically be renewed to
          afford time to complete the long-form agreement.
|-- | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

|8. | This Memorandum and any subsequent long-form agreement are subject to approval
          by the Board of Directors of LIVESTAR.
|-- | -------------------------------------------------------------------------------------------------------------------------------

|9. | This Memorandum once approved by the Board of Directors of LIVESTAR will be
          binding upon both parties until replaced by the aforementioned long form
          agreement.
|-- | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

|10. | LIVESTAR acknowledges that RYM may have other clients and to the extent that
          RHs efforts may be required to service them he may do so provided that it
          does not impact the effectiveness of his work for LIVESTAR, does not compete
          with it in any way, and does not require material time from that available for
          LIVESTAR which is essentially full-time during the term of this Memorandum.
|--- | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

|11. | Effective the date above written, this Memorandum supersedes and replaces the
          Management and Services Memorandum By and Between LIVESTAR and Ray Hawkins dated
          January 1, 2002.
|--- | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

|12. | This Memorandum is governed by the laws of the State of Nevada.
|--- | ---------------------------------------------------------------

Agreed and Accepted on this
1st day of November, 2003.

|________________________________________________
LIVESTAR Entertainment Group, Inc.              
Authorized Signatory | ______________________________________________
    RYM Management Ltd.
|---------------------------------------------------------------------------------------------------------------------- | ----------------------------------------------------------------------

# Schedule A

Role and Scope of Work of RH:

| |  | ROLE
#1  Chairman, President & CEO LIVESTAR Entertainment Group, Inc.
| | - | ----------------------------------------------------------------------

| |  | ROLE
#2  Chairman, President & CEO RAHX, Inc.
| | - | ----------------------------------------------

| |  | ROLE
#3  Officer and Director of other LIIVESTAR Subsidiaries as required by LIVESTAR.
| | - | ---------------------------------------------------------------------------------------

| |  | All
above roles have the following scope of work duties including but not limited to the
following: developing, directing and managing the vision and direction of the company,
securing of financing, the forging of business development, securing of partnerships, and
overseeing product development, and marketing campaigns.
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