**Exhibit      10.1**

**Company**

**B&D**

| **Since** | B                & D desires to hire management services from the                Company, |
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|  **And**  | The                Company agrees to provide B&D these management services, |
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| **And** | Mr.                Yaron Arbell and Mr. Yossi Haras were nominated as CEO and CFO of                B&D                on January 2006, |
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| **And** | Mr.                Daniel Ollech and Mr. Jacques Ollech serve as the President and Vice                President of B&D as from January                2006, |
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| **And** | Mr.                Yaron Arbell and Mr. Yossi Haras are Israeli citizens and Mr. Daniel                Ollech and Mr. Jacques Ollech are considered as Israeli residents                for tax                purposes in Israel for the year 2006, and all of them are employees                of the                Company (the “**Employees**”)                since its foundation, |
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| **And** | The                Company has agreed that the Employees will continue to serve in the                positions they hold in B&D, |
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**1.**
**Scope      of Services**

|   | The                Company will provide B&D with management services, rendered by the                Employees in their positions in                B&D. |
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| **2.** | **Fees** |
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|   | In                consideration to the management services provided by the Company                in 2006,                B&D agrees to: |
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| a.   | Pay                $650,000 to the Company. |
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| b.   | In                case B&D will make a major acquisition - Issue 250,000 equal shares of                B&D to each of its mentioned employees at the 31 of December of each                year (Major Acquisition -** **an                act whereas B&D acquires a company producing no less then 5 mm $ in                EBIT in the previous year). |
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| c.   | Pay                annual bonuses to each and every of its mentioned employees in the                amount                of 2.5% of the total yearly EBIT (EBIT - earnings before interest                and                taxes and is calculated as net income plus interest expense plus                tax                expense). |
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|   | It                is hereby clarified that the above amount is to be paid for management                services for the period from January to December of 2006. Any prior                payments that were made by B&D directly to the employees (except those                that are proven to be an expenses reimbursement) in the past will                be                considered as payments for this agreement and will be deducted from                the                above amount. |
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| **3.** | **Termination** |
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|   | In                the event B&D wishes to terminate one or all of the employees’                employment, B&D will be responsible to pay all the fees detailed in                article 7 to the employment agreement on which the employees, the                Company                and B&D signed. |
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|                                                  |   |                              |
|-------------------------------------------------------|--------|-----------------------------------|
| L.M.S                Livorno Management Services Ltd. |   | B&D                Food Corp. |