Director Appointment Offer Letter between China Pharma Holdings, Inc. and Heung Mei Tsui (December 2018)
China Pharma Holdings, Inc. offered Ms. Heung Mei Tsui a position as a director on its Board, starting December 5, 2018, for a three-year term. Ms. Tsui will receive annual compensation of $16,000. The agreement was accepted by Ms. Tsui and signed by both parties. This letter outlines the appointment, compensation, and term of service for Ms. Tsui as a director of the company.
Exhibit 10.1
December 5, 2018
Dear Ms. Heung Mei Tsui
On behalf of the Board of Directions and the Company, I am pleased to welcome you to join the Board of the China Pharma Holdings, Inc as a director. The compensation is $16,000 per year. I look forward to working with you. Your appointment date is December 5, 2018 with a term of three years.
If you agree to the terms and conditions stated above, please sign and date this letter below.
I look forward to working with you and sincerely hope that your service will be enjoyable and rewarding.
Sincerely
| Chairman of the Board | ||
| China Pharma Holdings, Inc. | ||
| By: | /s/ Zhilin Li | |
| Date: | Dec. 12, 2018 | |
Response:
This letter correctly sets forth the understanding of Ms. Heung Mei Tsui.
| By: | /s/ Heung Mei Tsui | |
| Date: | Dec. 12, 2018 |
| No. 17 Jinpan Rd, Haikou, Hainan, China 570216 | Fax: 86-898 66811730 |
| Phone: 86-898 66812660 | www.chinapharmaholdings.com |
