LaborContract

1.  

Party B agrees to take the position of chairman of the board in Party A’s board of directors (or post); specific working content of Party B should implement in accordance with responsibility of position of Party A.

2.  

If Party B is not qualified with the position, Party A can adjust Party B’s position and confirm the remuneration of Party B in accordance with the position newly adjusted; if Party B refuses to accept the adjustment, Party A can inform Party B to dissolve contract 30 days in advance. Economic compensation shall be paid in accordance with state regulations.

3.  

During working process, if Party A’s damage is caused by grievous fault or guilty intent of Party B, Party A is entitled to get recovery from Party B.

1.  

Working Hours: Party A guarantees Party B a working hour of no more than 8 hours per day, no more than 40 hours per week and at least one day of leave per week. Specific working hours will be arranged by Party A according to the status of production operation and Party B is obliged to follow it.

2.  

Rest and Vacation: Party A arranges the rest and vacation of Party B in accordance with state regulations.

1.  

Party B’s monthly salary is____Yuan, thereinto, during the probation period, Party B’s monthly salary is_____Yuan; (Should the piece-rate wage is applied, the salary will be paid in accordance with following criteria:___)

2.  

For the purpose of the need of production operation, the working hours of Party B is extended by Party A, or Party B is arranged to work during rest days or statutory holidays, overtime pay shall be paid to Party B by Party A according to state standards.

3.  

Party A guarantees to pay salary per month and the date shall be confirmed prior to 5th of each month.

1.  

Party A shall manage various kinds of social insurances for Party B according to state regulations and pay social insurance premiums;

2.  

Social insurance premiums that shall be paid by Party B according to regulations of laws shall be withdrawn from the deserved salary of Party B by Party A and Party B shall not have objection.

1.  

If Party B needs to dissolve the labor contract, Party B needs to inform Party A in written form 30 days in advance. Written notice subjects to the one delivered to the office of Party A;

2.  

Items about invalidation or termination of labor contract shall be implemented in accordance with concerned regulations of Labor Contract Law and other regulations.

3.  

Party B shall hand over the work items that he is in charge with and using property consigned by Party A to the appointed staff, on the occasion of invalidation or termination of labor contract. If the handover is not realized and loss of Party A is caused as a result of Party B’s fault, Party B shall compensate for it.

4.  

Party B shall obtain economic compensation according to law as a result of the invalidation or termination of labor contract. But before the completion of handover from Party B to Party A, Party A shall withhold the economic compensation momentarily. If Party B still does not finish the handover 60 days after the invalidation or termination of labor contract, Party B is not entitled to ask Party A for economic compensation.

1.  

Party B shall not engage in any commercial activities same to or similar with or concerned with  his own work, or those within Party A’s business scope for himself or units, individuals other than Party A by using the convenience of working for Party A. If Party B breaches it, Party A is entitled to dissolve the labor contract with Party B.

2.  

Party B must keep secret of Party A’s business secrets and must not disclose the secret to any unit or individual other than Party A. If Party B breaches it and brings economic loss or reputation damage or other negative consequences, Party A is entitled to call to account of Party B and ask for compensation.

3.  

If Party B is funded by Party A in education with record of formal schooling or training, Party B shall work for Party A for more than 5 years (the term begins since the closing date of learning and training). If Party B doesn’t work for Party A for as required term of service and asks to leave from Party A, Party B shall return the study costs to Party A.