Document:

EXHIBIT
10.14

FIRST
AMENDMENT TO THE

SERVICE 1ST BANK

ENDORSEMENT SPLIT-DOLLAR AGREEMENT

DATED SEPTEMBER 10, 2003

FOR PATRICK CARMAN

This First Amendment (Amendment) to the Endorsement
Split-Dollar Agreement between Service 1st Bank (Split Dollar Agreement)
located in Stockton, California (Bank) and Patrick Carman (Executive) is
adopted, effective as of August 21, 2008, as set forth below.

The Bank and the Executive executed the Split Dollar
Agreement on September 10, 2003 (Agreement).

The undersigned hereby amends, in part, said Split
Dollar Agreement for the purpose of: (i) reducing the death benefits payable to
the Executive’s beneficiaries in proportion to any reduction or cutback in
benefits payable under the salary continuation agreement with Executive (Salary
Continuation Agreement) resulting from a Change of Control (as defined therein)
and (ii) coordinating benefits so that Executive (or his beneficiaries)
may receive either death benefits under the Split Dollar Agreements or benefits
under the Salary Continuation Agreements, but not both; and (iii) complying
with section 409A of the Code. Therefore, the following changes shall be made

	
 

	
 

	
 

	
1.

	
Article 2.2 of the
  Agreement shall be deleted in its entirety and replaced by article 2.2,
  below.

	
 

	
 

	
 

	
 

	
2.2

	
Executive’s Interest. Subject to Article 7, the Executive shall have the right
  to designate the beneficiary of FOUR HUNDRED FIFTY THOUSAND DOLLARS
  ($450,000) of death proceeds. If Executive receives or begins receiving
  benefits pursuant to the amended Salary Continuation Agreement between
  Executive and the Bank (Salary Continuation Agreement), then no death
  benefits shall be payable to Executive’s beneficiaries pursuant to this
  Agreement in the event of Executive’s death.

	
 

	
 

	
 

	
2.

	
A new article 2.3 shall be
  added to the Agreement as set forth, below.

	
 

	
 

	
 

	
2.5

	
Reduction
  in Benefits due to Change in Control.  If all or any portion of the amounts payable to the
  Executive pursuant to the Salary Continuation Agreement have been reduced
  because, the payments under the Salary Continuation Agreement alone or
  together with other payments which the Executive has the right to receive
  from the Bank, constitute “excess parachute payments” within the meaning of
  Section 280G of the Internal Revenue Code of 1986, as amended (the “Code”),
  that are subject to the excise tax imposed by Section 4999 of the Code (or
  similar tax and/or assessment), then any amounts that may become payable
  under this Agreement shall be no greater than the amount that would have been
  payable to Executive under the Salary Continuation Agreement after taking
  into account any reductions.”

- 1 -

	
 

	
 

	
 

	
3.

	
 

	
The language of this Amendment shall supersede the
  provisions of the Plan to the extent the Plan is inconsistent with the
  provisions of this amendment. Except as amended above, the remaining
  provisions of the Plan shall remain in full force and effect.

IN WITNESS WHEREOF, the Bank and the Executive have
caused this Amendment to be executed on this 22nd day of August 2008.

	
 

	
 

	
 

	
 

	
BANK

	
 

	
 

	
 

	
 

	
SERVICE 1ST BANK

	
 

	
 

	
 

	
 

	
By:

	
/s/ Bryan Hyzdu

	
 

	
 

	

	
 

	
 

	
 

	
 

	
Title:

	
Director

	
 

	
 

	

	
 

	
 

	
 

	
 

	
EXECUTIVE

	
 

	

/s/ Patrick Carman

	
 

	

	
 

	
Patrick Carman

- 2 -EXHIBIT
10.15

FIRST
AMENDMENT TO THE

SERVICE 1ST BANK

ENDORSEMENT SPLIT-DOLLAR AGREEMENT

DATED AUGUST 8, 2005

FOR SHANNON REINARD

This First Amendment (Amendment) to the Endorsement
Split-Dollar Agreement between Service 1st Bank (Split Dollar Agreement) located
in Stockton, California (Bank) and Shannon Reinard (Executive) is adopted,
effective as of August 21, 2008, as set forth below.

The Bank and the Executive executed the Split Dollar
Agreement on August 8, 2005 (Agreement).

The undersigned hereby amends, in part, said Split
Dollar Agreement for the purpose of: (i) reducing the death benefits payable to
the Executive’s beneficiaries in proportion to any reduction or cutback in
benefits payable under the salary continuation agreement with Executive (Salary
Continuation Agreement) resulting from a Change of Control (as defined therein)
and (ii) coordinating benefits so that Executive (or his beneficiaries)
may receive either death benefits under the Split Dollar Agreements or benefits
under the Salary Continuation Agreements, but not both; and (iii) complying
with section 409A of the Code. Therefore, the following changes shall be made

	
   

  	
   

  	
   

  
	
  1.

  	
  Article 2.2 of the
  Agreement shall be deleted in its entirety and replaced by article 2.2,
  below.

  
	
   

  	
   

  	
   

  
	
   

  	
  2.2

  	
  Executive’s Interest. Subject to Article 7, the Executive shall have 2.2
  Executive’s Interest. Subject to Article 7, the Executive shall have the
  right to designate the beneficiary of TWO HUNDRED EIGHTY THOUSAND DOLLARS
  ($280,000) of death proceeds. If Executive receives or begins receiving
  benefits pursuant to the amended Salary Continuation Agreement between
  Executive and the Bank (Salary Continuation Agreement), then no death
  benefits shall be payable to Executive’s beneficiaries pursuant to this
  Agreement in the event of Executive’s death.

  
	
   

  	
   

  	
   

  
	
  2.

  	
  A new article 2.3 shall be
  added to the Agreement as set forth, below.

  
	
   

  	
   

  	
   

  
	
   

  	
  2.5

  	
  Reduction
  in Benefits due to Change in Control. If all or any portion of the amounts payable to the
  Executive pursuant to the Salary Continuation Agreement have been reduced
  because, the payments under the Salary Continuation Agreement alone or
  together with other payments which the Executive has the right to receive
  from the Bank, constitute “excess parachute payments” within the meaning of
  Section 280G of the Internal Revenue Code of 1986, as amended (the “Code”),
  that are subject to the excise tax imposed by Section 4999 of the Code (or
  similar tax and/or assessment), then any amounts that may become payable
  under this Agreement shall be no greater than the amount that would have been
  payable to Executive under the Salary Continuation Agreement after taking
  into account any reductions.”

  

- 1 -

	
   

  	
   

  	
   

  
	
  3.

  	
  The language of this Amendment shall supersede the
  provisions of the Plan to the extent the Plan is inconsistent with the
  provisions of this amendment. Except as amended above, the remaining
  provisions of the Plan shall remain in full force and effect.

  

IN WITNESS WHEREOF, the Bank and the Executive have
caused this Amendment to be executed on this 22nd day of August
2008.

	
   

  	
   

  	
   

  
	
   

  	
  BANK

  
	
   

  	
   

  	
   

  
	
   

  	
  SERVICE 1ST BANK

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Bryan Hyzdu

  
	
   

  	
   

  	
  

  
	
   

  	
   

  	
   

  
	
   

  	
  Title:

  	
  Director

  
	
   

  	
   

  	
  

  
	
   

  	
   

  	
   

  
	
   

  	
  EXECUTIVE

  
	
   

  	
  
/s/ Shannon Reinard 

  
	
   

  	
  

  
	
   

  	
  Shannon Reinard

  

- 2 -<PAGE>

EXHIBIT 10.1

================================================================================

                          MANAGEMENT SERVICES AGREEMENT

                                  BY AND AMONG

                                    MELIOR AG

                                       AND

                                  ALDEROX, INC.

                           DATED AS OF AUGUST 20, 2008

================================================================================

<PAGE>

                          MANAGEMENT SERVICES AGREEMENT

     MANAGEMENT SERVICES AGREEMENT dated August 20, 2008 (the "AGREEMENT"), by
and between MELIOR AG, a corporation duly incorporated and existing under the
laws of Switzerland with registered office at Dammstrasse 19, 6300 Zug (the
"SERVICE PROVIDER"), and ALDEROX, INC., a company organized under the laws of
the State of Colorado, of 940 Calle Amanecer, Suite E, San Clemente, CA 92673
(the "COMPANY").

                                    RECITALS

     WHEREAS, the Service Provider has the capabilities, personnel and resources
to assist the Company with a variety of management services; and

     WHEREAS, the Company has determined that it would be efficient and
cost-effective to purchase such services;

     NOW THEREFORE, in consideration of the mutual covenants and agreements
hereinafter contained and for other good and valuable consideration (the receipt
and sufficiency of which is acknowledged by each of the parties hereto) the
parties covenant and agree each with the other as follows:

                                   ARTICLE 1.
                             EFFECTIVE DATE AND TERM

1.1 Effective Date. Although executed August 20, 2008, this Agreement shall be
effective as of April 1, 2008 (the "EFFECTIVE DATE").

1.2 Term. This Agreement shall remain in force until the earlier of (a) two
years from the Effective Date or (b) termination in accordance with Article 9
hereunder.

                                   ARTICLE 2.
                                    SERVICES

2.1 The Services. Upon request, the Service Provider shall render to the Company
the services set forth on Schedule A hereto.

2.2 Other Services. The list set forth on Schedule A may be extended in the
course of time as appropriate as shall be requested by the Company and may be
agreed, from time to time, by the Service Provider.

                                   ARTICLE 3.
                              RENDERING OF SERVICES

3.1 The Rendering of Services. The Service Provider may render the Services to
the Company by either one or both of the following means:

                                                   MANAGEMENT SERVICES AGREEMENT
                                                                 August 20, 2008
                                                                    Page 4 of 14

<PAGE>

     (a) Direct Rendering. The Service Provider may render the Services to the
Company directly, I.E. out of its own resources.

     (b) Indirect Rendering. The Service Provider may also, with the Company's
prior written consent, out-source to third parties the entire or partial
rendering of the Services, I.E. the Service Provider may engage third parties
for the execution of the entire or a part of the Services as sub-contractors.

3.2 Service Provider's Provision of Services. The Service Provider shall, at the
Company's reasonable request, render the Services to the Company either from
time to time or on an on-going basis.

                                   ARTICLE 4.
                    FEES; EXPENSE REIMBURSEMENTS AND PAYMENTS

4.1 Service Fee. The Services provided by the Services Provider shall be
remunerated by the Company on a quarterly basis by the last business day of each
quarter as set forth on Schedule B hereto, which Schedule B may be amended from
time to time with the written acknowledgement of the Services Provider and the
Company (such remuneration, the "SERVICE FEES").

4.2 Reimbursement of Expenses.

     (a) Reimbursement of Expenses and Charge for Overhead. Provided that the
Service Provider obtains prior written approval for any such expenses exceeding
One Thousand Dollars ($1,000) in any one (1) month, the Service Provider will be
reimbursed for all and any out-of-pocket expenses incurred for the rendering of
the Services ( the "EXPENSES"). The Expenses may be fees paid by the Service
Provider to any sub-contractor (according to Section 3.1(b) above), provided
however that the Service Provider receives the Company's prior written
authorization for such expenses.

     (b) Payment of Expenses. The Service Provider may send an invoice for
Expense to the Company at the end of each month. The Expenses shall be paid by
the Company to the Service Provider in arrears within ten (10) business days of
the Company's receipt of such an invoice from the Service Provider for the
payment of such Expenses. Each such invoice shall itemize each individual
expense included on such invoice together with the total amount due, as the sum
of such individual expenses.

4.3 Payments.

     (a) Method of Payment. The Service Fees and the Expenses shall be paid by
the Company to the Service Provider as set forth on Schedule B.

     (b) Timing of Payments. The total amount of Service Fees shall be paid
quarterly by the last business day of each quarter. The Expenses shall be paid
by the Company as described in Section 4.2(b) above.

                                                   MANAGEMENT SERVICES AGREEMENT
                                                                 August 20, 2008
                                                                    Page 5 of 14

<PAGE>

                                   ARTICLE 5.
                                 TRANSFERABILITY

5.1 Transferability. No party shall assign its rights and obligations under this
Agreement without the other's party prior written consent, with the exception
that the Service Provider may delegate its rights and obligations to any of its
affiliates without such written consent.

5.2 Service Provider Entitled to Sub-Contract. This Article shall be understood
without prejudice of the Service Provider's entitlement to sub-contract all or
part of the Services, as referred to in Article 3.1(b) above, subject to the
conditions of Sections 3.1(b) and 4.2(a).

                                   ARTICLE 6.
                                 CONFIDENTIALITY

6.1 Confidentiality. Both parties hereby acknowledge that by virtue of this
Agreement they shall have direct or indirect access and acquire knowledge of
confidential information of the other party (the "INFORMATION"). Both parties
undertake hereby to hold in absolute confidence all and any Information and not
to use, disclose, reproduce or dispose of any Information in any manner other
than that expressly provided for in this Agreement. Furthermore both parties
hereby acknowledge that the parties hereto shall be responsible for any person
related to them which might have access or obtain knowledge of the Information,
including but not limited to their respective personnel, employees, consultants
or agents.

6.2 Survival. The obligations of both parties under this Article 6 shall
survive, in any case, the termination of this Agreement, irregardless of the
reasons for such a termination.

                                   ARTICLE 7.
                         REPRESENTATIONS AND WARRANTIES

7.1 The Company. The Company represents, warrants and covenants to the Service
Provider as follows:

     (a) The execution, delivery and performance by the Company of this
     Agreement has been authorized by all necessary action on behalf of the
     Company, and this Agreement is a legal, valid and binding agreement of the
     Company, enforceable against the Company in accordance with its terms.

     (b) The execution and delivery of this Agreement by the Company, the
     performance by the Company of its obligations under this Agreement and the
     consummation by the Company of the transactions contemplated hereby will
     not conflict with or result in any violation of or default under any
     provision of any agreement or other instrument to which the Company is a
     party or by which it or any of its properties are bound, or any permit,
     franchise, judgment, decree, statute, order, rule or regulation applicable
     to the Company or its business or properties.

7.2 The Service Provider. The Service Provider represents, warrants and
covenants to the Company as follows:

                                                   MANAGEMENT SERVICES AGREEMENT
                                                                 August 20, 2008
                                                                    Page 6 of 14
<PAGE>

     (a) The execution, delivery and performance by the Company of this
     Agreement has been authorized by all necessary action on behalf of the
     Company, and this Agreement is a legal, valid and binding agreement of the
     Company, enforceable against the Company in accordance with its terms.

     (b) The execution and delivery of this Agreement by the Company, the
     performance by the Company of its obligations under this Agreement and the
     consummation by the Company of the transactions contemplated hereby will
     not conflict with or result in any violation of or default under any
     provision of any agreement or other instrument to which the Company is a
     party or by which it or any of its properties are bound, or any permit,
     franchise, judgment, decree, statute, order, rule or regulation applicable
     to the Company or its business or properties.

                                   ARTICLE 8.
                                    INDEMNITY

8.1 Indemnification of the Service Provider. The Company agrees to indemnify and
hold harmless the Service Provider, each person, if any, who controls the
Service Provider, and each affiliate of the Service Provider, from and against
any and all losses, claims, damages and liabilities (including, without
limitation, any legal or other expenses reasonably incurred in connection with
defending or investigating any such action or claim) by reason of any claim,
demand, suit, proceeding or liability in connection with, as a result of,
relating to or arising under this Agreement

8.2 Indemnification of the Company. The Service Provider shall defend, indemnify
and hold the Company harmless against any claims, costs, damages, losses or
expenses, including reasonable attorneys' fees, incurred by the Company as a
result of or in connection with any material breach of this Agreement by the
Service Provider or any of the Service Provider's employees or agents or any
grossly negligent, reckless or intentional misrepresentation, wrongful action or
wrongful omission of the Service Provider or the Service Provider's employees or
agents.

8.3 Legal Counsel. In case any proceedings (including any governmental
investigation) shall be instituted involving any person in respect of which
indemnity may be sought pursuant to this Article 8, such person shall have the
right to retain its own counsel to represent it and any others the indemnified
party may designate in such proceeding and the indemnifying party shall pay the
fees and disbursements of such counsel relating to such proceeding. All such
fees and expenses shall be reimbursed as they are incurred.

8.4 Settlements; Final Judgments.

     (a) The indemnifying party shall not be liable for any settlement of any
proceeding effected without its consent, but if settled with such consent or if
there be a final judgment for the plaintiff, the indemnifying party agrees to
indemnify the indemnified party from and against any loss or liability by reason
of such settlement or judgment.

                                                   MANAGEMENT SERVICES AGREEMENT
                                                                 August 20, 2008
                                                                    Page 7 of 14

<PAGE>

     (b) Notwithstanding subsection (a) above, if at any time an indemnified
party shall have requested the indemnifying party to reimburse the indemnified
party for fees and expenses of counsel as contemplated in Section 8.2 above, the
indemnifying party agrees that it shall be liable for any settlement of any
proceeding effected without its written consent if (i) such settlement is
entered into more than thirty (30) days after receipt by the Company of the
aforesaid request and (ii) the indemnifying party shall not have reimbursed the
indemnified party in accordance with such request prior to the date of such
settlement.

     (c) The indemnifying party shall not, without the prior written consent of
the indemnified party, effect any settlement of any pending or threatened
proceeding in respect of which any indemnified party is or could have been a
party and indemnity could have been sought hereunder by such indemnified party,
unless such settlement includes an unconditional release of such indemnified
party from all liability on claims that are the subject matter of such
proceeding.

8.5 Non-Exclusive Remedy. The remedies provided for in this Article 8 are not
exclusive and shall not limit any rights or remedies which may otherwise be
available to any indemnified party at law or in equity.

8.6 Survival of the Provisions of Article 8. The indemnity provision contained
in this Article 8 shall remain operative and in full force and effect regardless
of any termination of this Agreement.

                                   ARTICLE 9.
                                   TERMINATION

9.1 Service Provider's Right to Terminate. The Service Provider may terminate
this Agreement by serving a prior termination notice of seven (7) days to the
Company.

9.2 The Company's Right to Terminate. The Company may terminate this Agreement
by serving a prior termination notice of twelve (12) months to the Service
Provider.

9.3 Service Provider's Obligations on Termination. Upon the proper termination
of this Agreement for any reason whatsoever, (i) the Service Provider shall
cease to render any Services, and (ii) shall certify to the Company that it has
destroyed whatever documents or materials which, for whatever reason, the
Company has given to the Service Provider during the term of this Agreement that
contain confidential information about the Company or any of its Affiliates.

9.4 Company's Obligations on Termination. Upon the proper termination of this
Agreement for any reason whatsoever, the Company shall return to the Service
Provider whatever documents or materials which, for whatever reason, the Service
Provider has given to the Company during the term of this Agreement that contain
confidential information about the Service Provider or any of its Affiliates.

9.5 Surviving Provisions. The termination of this Agreement shall not relieve
the Company of its obligation under Article 4 hereof to pay to the Service
Provider any Service Fees or Expenses then accrued and to observe and perform
the obligations intended to survive such termination as set forth in this
Agreement. The termination of this Agreement shall not relieve the Company of
its obligation under Article 8 hereof to indemnify the Service Provider in
accordance with Article 8.1.

                                                   MANAGEMENT SERVICES AGREEMENT
                                                                 August 20, 2008
                                                                    Page 8 of 14

<PAGE>

                                   ARTICLE 10.
                                  MISCELLANEOUS

10.1 Entire Agreement. This Agreement and the Schedules hereto constitute the
entire agreement between the parties in connection to the subject matter hereof
and supersede all prior agreements, understandings, negotiations and discussions
with respect to the subject matter hereof whether written or oral. Except as
provide in this Agreement and its Schedules, there are no conditions,
representations, warranties, undertakings, promises, inducements or agreements
whether direct or indirect, collateral, expressed or implied made by the Service
Provider to the Company.

10.2 Amendment. No supplement, modification or waiver of this Agreement shall be
binding unless executed in writing by authorised officers of the Service
Provider and the Company.

10.3 Other Contractual Relations between the Parties. The parties hereto
acknowledge that they have or may have in the future other contractual
relationships between them. It is both parties' interest and intention that the
different contractual relationships between the parties are kept separated from
each other and that the matters regulated in this Agreement shall in no way be
affected by any term or condition other than those set forth in this Agreement.

10.4 Severability. The invalidity or unenforceability of any provision or any
covenant of this Agreement in any jurisdiction shall not affect the validity or
enforceability of such provision or covenant in any other jurisdiction or of any
other provision or covenant hereof or herein contained and any invalid provision
or covenant shall be deemed to be severable. The Parties shall negotiate in good
faith in order to replace the provision declared invalid or unenforceable with a
new provision, valid and enforceable, which preserves the original intention of
the parties.

10.5 Successors and Assigns. This Agreement shall endure to the benefit of and
be binding upon the Service Provider and the Company and their respective legal
representatives, successors and permitted assignees.

10.6 Independent Parties. The Company is and will at all times remain an
independent contractor and is not and shall not represent itself to be the
agent, joint venturer or partner of the Service Provider. No representations
will be made or acts taken by the Company which could establish any apparent
relationship of agency, joint venture or partnership and the Service Provider
shall not be bound in any manner whatsoever by any agreements, warranties or
representations made by the Company to any other person or with respect to any
other action of the Company. No acts of assistance given by the Service Provider
to the Company shall be construed to alter this relationship.

10.7 Non-Exclusivity. The Service Provider reserves the right to perform
services for other persons who may have business interests that conflict with
those of the Company, subject to the provisions of Article 6 hereof.

                                                   MANAGEMENT SERVICES AGREEMENT
                                                                 August 20, 2008
                                                                    Page 9 of 14

<PAGE>

10.8 Non-Waiver. The failure of the Service Provider to exercise any right,
power or option given hereunder or to insist upon the compliance with the terms
and conditions hereof by the Company shall not constitute a waiver of the terms
and conditions of this Agreement with respect to that or any other or subsequent
breach thereof nor a waiver by the Service Provider or its rights at any time
thereafter to require strict compliance with all terms and conditions hereof
including the terms or conditions with respect to which the Company has failed
to exercise such right or option.

10.9 Costs. All costs related to the execution of this agreement shall be borne
by the Company.

10.10 Taxes. The Service Provider is responsible for paying when due all income
taxes, including estimated taxes, incurred as a result of the fees and expenses
paid by Company to the Service Provider pursuant to this Agreement. The Service
Provider should expect to receive a form 1099 at the end of each year, for
payments received from Company. The Service Provider recognizes that the Company
will comply with any tax withholding requirements required by applicable law.

10.11 Cumulative Rights. The rights of each party hereunder are cumulative and
no exercise or enforcement by a party of any right or remedy hereunder shall
preclude the exercise or enforcement by such party of any other right or remedy
hereunder or which such party is otherwise entitled by law or in equity to
enforce.

10.12 Notices. All notices, consents and approvals (hereinafter referred to as a
"NOTICE") permitted or required to be given hereunder shall be deemed to be
sufficiently and duly given if written and delivered personally or sent by
courier or transmitted by facsimile transmission or other form of recorded
communication tested prior to transmission, addressed as follows:

                         If to the Service Provider:

                                    Melior AG
                                    Dammstrasse 19
                                    6300 Zug
                                    Switzerland
                                    Attn:  Mr. Steven Chambers, CFO
                                    Fax Nr. +41 41 560 9071

                         and if to the Company:

                                    Alderox, Inc.
                                    940 Calle Amanecer, Suite E
                                    San Clemente, CA  92673
                                    Attn: Mr. Gordon W. Davies, President

Any notice so given shall be deemed to have been received on the date of
delivery if sent by courier, facsimile transmission or other form of recorded
communication, as the case may be. Either party from time to time by Notice may
change its address for the purposes of this Agreement.

                                                   MANAGEMENT SERVICES AGREEMENT
                                                                 August 20, 2008
                                                                   Page 10 of 14

<PAGE>

10.13 Governing Law and Venue. The validity, interpretation, construction and
performance of this Agreement shall be governed by the laws of the State of
California without regard to its conflicts-of-law principles. The parties
expressly agree that any action at law or in equity arising out of or related to
this Agreement or relating to the subject matter thereof, shall be filed only in
the state or federal courts located in Orange County California and each party
hereby expressly submits themselves to the exclusive, personal jurisdiction of
such courts for the purposes of litigating any such action.

10.14 Dispute Resolution. Upon written notice to all Parties to this Agreement
and the Registrar of the London Court of International Arbitration (the "LCIA"),
any dispute, controversy or claim between any Parties hereto arising out of,
relating to or in connection with this Agreement, including its existence,
validity or termination, shall be referred to and resolved by final and binding
arbitration under the LCIA Rules in effect on the date any arbitration commences
(the "RULES"), which Rules are deemed to be incorporated by reference into this
clause. The place of the arbitration shall be London, England, and the award
shall be deemed to have been made there. The tribunal may hold hearings,
meetings, and deliberations at any place it deems appropriate, having regard to
the circumstances of the arbitration. The tribunal shall be comprised of three
(3) arbitrators to be appointed by the LCIA in accordance with the Rules. The
tribunal shall neither have nor exercise any power to act as AMIABLE COMPOSITEUR
or EX AEQUO ET BONO or to award special, indirect, consequential, or punitive
damages. The language of the arbitration shall be English. Judgment upon any
arbitral award may be entered in any court of competent jurisdiction. Court
jurisdiction under Articles 45 and 69 of the United Kingdom's Arbitration Act of
1996 shall not apply. Each of the Parties to the Agreement expressly consents to
be joined to any arbitration proceedings commenced in accordance with this
Agreement.

10.15 Counterparts. This Agreement may be executed in counterparts, each of
which shall be deemed an original, but all of which together will constitute one
and the same instrument.

SIGNATURES ON NEXT PAGE

                                                   MANAGEMENT SERVICES AGREEMENT
                                                                 August 20, 2008
                                                                   Page 11 of 14

<PAGE>

     IN WITNESS THEREOF, the parties hereto have entered into this Management
Services Agreement on the date and place set hereunder.

                                              MELIOR AG

                                              /s/ Joseph Belan
                                              ----------------
                                              By: Joseph Belan
                                              Title: Director

                                              ALDEROX, INC.:

                                              /s/ Michael Davies
                                              ------------------
                                              By:  Michael Davies
                                              Title: Chief Executive Officer

                                                   MANAGEMENT SERVICES AGREEMENT
                                                                 August 20, 2008
                                                                   Page 12 of 14

<PAGE>

                                   SCHEDULE A

The services that may be rendered by the Service Provider include the following:

     o    Rendering advice and assistance for management of the business of the
          Company;

     o    Support and assistance in evaluating potential capital investments;

     o    Support and assistance in the selection and management of accounting
          systems, procedures and controls; and

     o    Support and assistance in the review and periodic analysis of the
          company's cash and asset management operations.

                                                   MANAGEMENT SERVICES AGREEMENT
                                                                 August 20, 2008
                                                                   Page 13 of 14

<PAGE>

                                   SCHEDULE B

For year one, the Service Provider shall receive $200,000, payable on a
quarterly basis by the last business day of each quarter in shares of the
Company's common stock at the Consulting Agreement Conversion Price (as defined
below).

For year two, the Service Provider shall receive $350,000, payable on a
quarterly basis by the last business day of each quarter in either shares of the
Company's common stock or cash at the option of the Company. If paid in shares,
Melior AG will receive the number of shares to which it is entitled using the
Consulting Agreement Conversion Price (as defined below).

In the event the Agreement is terminated prior to the 2-year term pursuant to
Article 9, the fees provided by this Schedule B shall be prorated for the period
the Agreement was in effect.

The "Consulting Agreement Conversion Price" shall be $0.14 per share, provided
that if Borrower, (i) pays a stock dividend on its common stock, (ii) subdivides
outstanding shares of common stock into a larger number of shares, or (iii)
combines outstanding shares of common stock into a smaller number of shares,
then in each such case the applicable Consulting Agreement Conversion Price
shall be adjusted by multiplying (a) such Consulting Agreement Conversion Price
in effect immediately prior to such event, by (b) a fraction of which the
numerator shall be the number of shares of common stock outstanding immediately
before such event and of which the denominator shall be the number of shares of
common stock outstanding immediately after such event.

Any payments made in the form of registered shares will be made in accordance
with the transfer instructions to be provided by Melior AG:

Any payments made in cash, including the payment of any Expenses, shall be
transferred in accordance with the timing described in Article 4 of the
Management Services Agreement in the form of an Electronic Funds Transfer to the
benefit of the Service Provider to the following account:

Bank Name:        UBS AG
Bank Address:     Paradeplatz 6, 8098 Zurich Switzerland
Swift Code:       UBSWCHZH80A
Account Holder:   Melior AG
Account Number:   0206-408294.65G
IBAN:             CH250020620640829465G

                                                   MANAGEMENT SERVICES AGREEMENT
                                                                 August 20, 2008
                                                                   Page 14 of 14

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