This EMPLOYMENT AGREEMENT (“Agreement”), dated as of April 1, 2005 (the “Effective Date”), is made
by and between SECURED DIVERSIFIED INVESTMENT, LTD., a Nevada corporation, located at 4940
Campus Drive, Newport Beach, CA 92660 and hereafter referred to as “the Company”, and Munjit Johal,
whose address is 42 Rockwood, Irvine, CA 92614, hereinafter referred to as “Employee”, based upon the
WHEREAS, the Company wishes to retain the services of Employee, and Employee wishes to render services to
the Company, as its Chief Financial Officer;
WHEREAS, the Company and Employee wish to set forth in this Agreement the duties and responsibilities that
Employee has agreed to undertake on behalf of the Company;
WHEREAS, the Company and Employee intend that this Agreement will supersede and replace any and all other
employment agreements for employment entered into by and between the Company and Employee, and that
upon execution of this Agreement, any such employment agreements or arrangements shall have no further force
THEREFORE , in consideration of the foregoing and of the mutual promises contained in this Agreement, the
Company and Employee (who are sometimes individually referred to as a “party” and collectively referred to as
the “parties”) agree as follows:
1. SPECIFIED TERM.
The Company hereby employs Employee pursuant to the terms of this Agreement and Employee hereby accepts
employment with the Company pursuant to the terms of this Agreement for the period beginning on April 1, 2005
and ending on April 1, 2007 (the “Term”). Subject to Sections 8, 9, and 10, this Agreement will be renewed for
one year after April 1, 2006, upon review by management, unless either party gives notice to the other, at least
sixty (60) days prior to the expiration of the specified period that the party desires to renegotiate this Agreement.
2. GENERAL DUTIES.
Employee shall report to the Compa