Director Resignation Letter of Zhongnan Xu from China Finance, Inc.

Contract Categories: Human Resources › Separation Agreements
Summary

Zhongnan Xu has submitted his immediate resignation as Director of China Finance, Inc. In his letter to the Board of Directors and Shareholders, he confirms that his resignation is not due to any disagreements with the company regarding its operations, policies, or practices. He also states that he has no claims for compensation or fees from the company related to his resignation.

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EX-10.9 9 v08150_ex10-9.txt CHINA FINANCE, INC. 57-71 #HIGH-TECH INDUSTRIAL PARK NANSHAN, DISTRICT SHENZHEN, P.R. CHINA 51805 October 11th 2004 RE: Resignation of ZHONGNAN XU To the Board of Directors and Shareholders: I hereby resign the position as the Director of China Finance, Inc. (the "Company") effective immediately. Please be advised that my resignation from the Company is not a result of any disagreements with the Company on any matters relating to the Company's operations, policies, or practices. Please also be advised that I have no claim against the Company for compensation for loss of office, fees or disbursements or otherwise whatsoever. Very truly yours, ------------------------------------------- ZHONGNAN XU