Employment Agreement between Sichuan Xintai Pharmaceutical Co., Ltd and Xiaodong Zhu

Summary

This agreement is between Sichuan Xintai Pharmaceutical Co., Ltd and Xiaodong Zhu. It sets the terms of Xiaodong Zhu’s employment as Chief Executive Officer from September 11, 2010, to September 11, 2013. The contract specifies a basic monthly salary of RMB 50,000 before taxes, with taxes withheld by the company. Both parties agree to the terms in accordance with Chinese labor laws.

EX-10.2 4 f10k2010ex10ii_dongsheng.htm EMPLOYMENT AGREEMENT WITH XIAODONG ZHU. f10k2010ex10ii_dongsheng.htm
Exhibit 10.2
 
Labor Contract

Party A:Sichuan Xintai Pharmaceutical Co., Ltd
Legal Representative:Xiaodong Zhu
Company Address:    Room 10, 9 Floor, Building 5, 9 Gaoshengqiao Road (Dayi Louver Plaza), Wuhou District, Chengdu City, Sichuan Prov, 610041, P.R.China

Party B Xiaodong Zhu     
Sex:                               Male   
Birth of Date:              12/19/1975
ID No.:                 230107197512191811                                                                           
Education:                   Bachelor
Physical Address:      3-2-1702Yun Ding Jia Yuan·You Yi Cun ,Yu Yuan Tan , Haidian District
Post code:                   100089

In accordance with relevant provisions of the “The People’s Republic of China Labor Law,” “The People’s Republic of China Labor Contract Law,” both Party A and Party B have reached an agreement through friendly consultation to conclude this contract.

1. Term of the Labor Contract

The labor contract is a fixed term labor contract, which is effective from September 11, 2010 to September 11, 2013.

2. Content of Work

Party B agrees to serve as Chief Executive Officer in accordance with the working requirements of Party A.

3. Labor Remuneration

The amount of basic salary of Party B is RMB 50,000.  The month salary of Party B is income before tax. The amount of personal income tax is paid as prescribed by the State and monthly withheld by the company.
 
Party A       Party B  
Legal Representative        
         
/s/ Xiaodong Zhu
   
/s/ Xiadong Zhu
 
 
   
 
 
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