Termination Agreement Between China Intelligent Electric Holding Limited and Mr. Zhou Xiao Long (CFO)

Contract Categories: Human Resources › Separation Agreements
Summary

China Intelligent Electric Holding Limited and Mr. Zhou Xiao Long, the company's CFO, have mutually agreed to end Mr. Zhou's employment agreement, originally signed on November 23, 2009. The company will pay Mr. Zhou any outstanding salary, but he will not receive any company stock. Both parties agree to fulfill their respective responsibilities following the signing of this agreement, which is effective as of December 31, 2009.

Read More Arrow
EX-10.4(A) 14 v171382_ex10-4a.htm
Exhibit 10.4(a)
 
Termination Agreement

Due to the development of the company, after discussion between China Intelligent Electric Holding Limited and  Mr. ZHOU XIAO LONG, CFO, it is agreed to reach termination the employment agreement which was executed on November 23, 2009. China Intelligent Electric Holding Limited will settle the salary accordingly. Regarding the stock to Mr. ZHOU XIAO LONG , it will not be issued.

Both parties take its responsibility after the execution of this agreement.

Delong Zhou
By:

/s/  Delong Zhou

CHINA INTELLIGENT ELECTRONIC HOLDING COMPANY LIMITED
By:

/s/  illegible

DEC,31,2009___________________
DATE