JOINT VENTURE AGREEMENT
This Contract is made and entered into on 30 April, 2010 , by and between EL MANIEL
INTERNATIONAL INC (“EMLL”) and FUNDS HUNTERS LLC (“FH”) , respectively.
WHEREAS FUNDS HUNTERS LLC of 580 FIFTH AVENUE, SUITE 211A, NEW YORK, NEW YORK
10036, USA is the owner of valuable Stamp Collection, currently valued at approximately US$4.5 million and
housed in the aforesaid address in New York, USA.
WHEREAS EL MANIEL INTERNATIONAL INC of 13520 ORIENTAL ST, ROCKVILLE, MD 20853,
USA is desirous of acquiring the aforesaid Stamp Collection;
WHEREAS FUNDS HUNTERS LLC is desirous of placing his asset into a US Bulletin Board Company;
NOW THEREFORE the Parties hereby agree to enter into a JOINT VENTURE as set out per the terms infra :
EMLL shall tender the sum of $10,000.00 to FUNDS HUNTERS LLC for the purpose of preliminary
expenses. All such expenses shall be reviewed and approved by EMLL. Of the $10,000.00, $5,000.00 shall be
deposited into FUNDS HUNTERS LLC’s account directly, and $5,000.00 are to be deposited into NEWCO
FUNDS HUNTERS LLC shall engage a qualified valuer to give a complete appraisal and/or valuation of all the
current inventories estimated at US$4.5 million whereof any applicable fees thereto will derive
US$10,000.00 preliminary expenses fund. Additionally, representative(s) of EMLL shall visit the situs of the
stamp assets to visually sight, inspect and verify the Stamp Collection and the property. The list of Stamp
Collection inventories and the appraisal report shall form part of this Joint Venture Agreement and annexed
herewith as APPENDIX 1 and APPENDIX 2 respectively.
FUNDS HUNTERS LLC shall place all its interests and title of the Stamp Collection into the name of NEWCO.
EMLL shall tender to Funds Hunters LLC, a New York entity 1,000,000 common restricted shares of EMLL in
NAME: All elements of this Joint Ventureship are to