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                                                                    Exhibit 10.1

                          MANAGEMENT ADVISORY AGREEMENT

THIS MANAGEMENT ADVISORY AGREEMENT  ("Agreement") is entered into as of December
19, 2011, by and between Precision Aircraft  Dismantling,  LLC ("Precision"),  a
Florida limited liability  company,  and AvWorks Aviation Corp.  ("AvWorks"),  a
Florida  corporation,  with its  corporate  office and facility  located at 4700
Hiatus Road, Suite 252, Sunrise, FL, 33351.

                                    RECITALS

A.   Precision   Aircraft   Dismantling,   LLC,  a  private  company,   performs
     proprietary,   low-environmental  impact  aircraft  dismantling,  providing
     airfield  managers and  aircraft  owners with an  affordable,  eco-friendly
     alternative to traditional parts reclamation;

B.   AvWorks  Aviation  Corp.  operates as a diversified  broker and supplier of
     parts and services to the  worldwide  aviation and aerospace  markets.  The
     Company  services  a  broad  range  of  clients  such as  aircraft  leasing
     companies, major airlines, repair stations,  fixed-base operators,  leasing
     companies and aftermarket suppliers.

C.   AvWorks is a public  corporation with a management  team,  business offices
     and support  personnel;  and Precision desires to contract with AvWorks for
     advisory  services  and  the  provision  of  managing  the  administration,
     financial matters,  sales and ground operations of Precision from AvWorks's
     headquarters in Sunrise, Florida.

D.   AvWorks  desires  to provide  such  management  and  advisory  services  to
     Precision.

NOW,  THEREFORE,  in  consideration  of the premises and of the mutual  promises
herein, the parties covenant and agree as follows:

1.   Term. The term of this Agreement shall be for twelve (12) months  following
     the date hereof.  This Agreement may be extended for an additional  term of
     one or more years upon the mutual  written  agreement of the parties.  This
     Agreement may be terminated by either party at the end of the first six (6)
     months.

2.   Management  and Advisory  Services.  AvWorks shall provide  management  and
     advisory  services  to  Precision.  In  addition,   AvWorks  shall  provide
     Precision  with access to AvWorks'  offices,  telecommunication  equipment,
     equipment and warehouses.

3.   Fees. AvWorks shall be compensated for the management and advisory services
     it  provides to  Precision  by a fee of one half of the net profit from the
     operations of Precision. The parties have agreed that AvWorks will identify
     the salvageable  assets and will oversee the entire process from scrapping,
     to quality control, to inventory and asset liquidation.

4.   Independent  Contractor  Status.  AvWorks  and  Precision  are  independent
     businesses,  and as such they shall remain  professionally and economically
     independent  of each other  during  the  initial  stage of this  Agreement.
     Neither  party shall have any authority to bind the other without the other
     party's  express and prior written  consent,  and then only insofar as such
     authority is conferred by such express and prior written  consent.  Nothing
     in this Agreement,  whether  express or implied,  is intended to confer any
     rights or  remedies  on any person  other than the  parties to it and their
     respective successors and assigns.

5.   Severable Provisions.  The provisions of this Agreement are severable,  and
     if  any  one  or  more   provisions   are   determined   to  be  judicially
     unenforceable,  in  whole  or  in  part,  the  remaining  provisions  shall
     nevertheless be binding and enforceable.

6.   Notices.  Any notice or notices to be given under this  Agreement  shall be
     sent via certified mail to the address of the party set forth above.

7.   Governing Law. This Agreement shall be governed by the laws of the State of
     Florida.

8.   Arbitration.  The parties hereto agree to submit any and all  controversies
     under this Agreement to binding arbitration before the American Arbitration
     Association  ("AAA") at a hearing or  hearings to be  conducted  in or near
     Sunrise, Florida.

9.   Counterpart;  Facsimile.  This  Agreement  may be  executed  in one or more
     counterparts,  each of which shall be deemed an original,  but all of which
     together shall constitute one and the same  instrument.  The parties hereto
     may execute the original of this Agreement or facsimile  copies of same and
     the Agreement so executed shall be binding on the parties.

EXECUTED AS OF THE DAY AND YEAR FIRST ABOVE WRITTEN.

Precision Aircraft Dismantling, LLC


By: /s/ Albert F. Long
    -------------------------------
    Albert F. Long
    President and Owner

AvWorks Aviation Corp.


By: /s/ Joel A. Young
    -------------------------------
    Joel A. Young
    Chief Executive Officer

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