EX-10
from S-8
1 page
Compensation Agreement This Compensation Agreement Is Dated as of May 22, 2006 Among Intellego, LLC ("Consultants") and Secured Digital Applications, Inc., a Delaware Corporation (The "Company"). Whereas, the Company Has Engaged the Consultants as to Provide Consulting and Management Services in Connection With the Company's Offering of Import/Export Management Services, Logistics Management Services and Consulting Services, Including Facilities and Staffing to Conduct Such Operations, and the Consultants Have Agreed to Provide Such Services; and Whereas, the Company Wishes to Compensate the Consultants With Shares of Its Common Stock for Such Services Rendered; Now Therefore, in Consideration of the Mutual Covenants Hereinafter Stated, It Is Agreed as Follows: 1. as Compensation for the Foregoing Consulting Services, the Company Shall Issue 500,000 Shares of Common Stock, $.00001 Par Value Per Share, Quarterly to Such Members or Employees of the Consultants as the Consultants Shall Designate. 2. the Above Compensation Shall Be Registered Using a Form S-8. the Company Shall File Such Form S-8 With the Securities and Exchange Commission Within 60 Days of the Execution of This Agreement. in Witness Whereof, This Compensation Agreement Has Been Executed by the Parties as of the Date First Above Written. Secured Digital Applications, Inc. /S/Patrick Soon-Hock Lim Patrick Soon-Hock Lim Chairman Intellego, LLC /S/Jay R. McDaniel Jay R. McDaniel
12/34/56
EX-10
from S-8
1 page
Compensation Agreement This Compensation Agreement Is Dated as of May 22, 2004 Among McDaniel & Chusid, Llp, a New Jersey Limited Liability Partnership ("Consultants") and Secured Digital Applications, Inc., a Delaware Corporation (The "Company"). Whereas, the Company Has Requested the Consultants as Outside Counsel to Provide the Company With Legal Services in Connection With Their Business, and the Consultants Have Agreed to Provide the Company With Such Legal Services; and Whereas, the Company Wishes to Compensate the Consultants With Shares of Its Common Stock for Such Services Rendered; Now Therefore, in Consideration of the Mutual Covenants Hereinafter Stated, It Is Agreed as Follows: 1. the Company Will Issue Up to 2,500,000 Shares of the Company's Common Stock, $.00001 Par Value Per Share, to Such Members or Employees of the Consultants as the Consultants Shall Designate. Shares May Be Issued Based Upon Hourly Fees or Other Fees Negotiated Between the Company and Consultant, for General Corporate and Litigation Matters, With the Exact Number of Such Additional Shares Being Determined Based Upon the Average of the Closing Bid and Asked Prices as Reported on the Over-The-Counter Bulletin Board on the Day Immediately Preceding the Date on Which Payment Is to Be Made. 2. the Above Compensation Shall Be Registered Using a Form S-8. the Company Shall File Such Form S-8 With the Securities and Exchange Commission Within 60 Days of the Execution of This Agreement. in Witness Whereof, This Compensation Agreement Has Been Executed by the Parties as of the Date First Above Written. Secured Digital Applications, Inc. /S/Patrick Soon-Hock Lim Patrick Soon-Hock Lim Chairman McDaniel & Chusid, Llp /S/Jay R. McDaniel Jay R. McDaniel Nd: 4819-7245-5425, Ver 1
12/34/56
