Director Appointment Offer Letter between China Pharma Holdings, Inc. and Ms. Zhilin Li (December 2018)
China Pharma Holdings, Inc. offered Ms. Zhilin Li a position as a director on its Board, starting December 5, 2018, for a three-year term. Ms. Li will receive annual compensation of $16,000. The agreement was accepted by Ms. Li on December 12, 2018. This letter outlines the appointment, compensation, and acceptance of the directorship role.
Exhibit 10.2
December 5, 2018
Dear Ms. Zhilin Li,
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. Zhilin Li.
| By: | /s/ Zhilin Li | |
| Date: | Dec. 12, 2018 |
| No. 17 Jinpan Rd, Haikou, Hainan, China 570216 | Fax: 86-898 66811730 |
| Phone: 86-898 66812660 | www.chinapharmaholdings.com |
