Employment Agreement between China Clean & Renewable Energy Limited and Wan Chin Tang (Vice President & CTO)

Summary

China Clean & Renewable Energy Limited has appointed Wan Chin Tang as Vice President and Chief Technical Officer, effective June 1, 2008, with a starting monthly salary of HK$38,000. The agreement outlines a two-month probation period, working hours, annual leave, insurance, end-of-year payment, and other employment terms. Either party may terminate the contract with notice, and confidentiality and conflict of interest clauses apply. The company may amend benefits and add terms by mutual agreement. The agreement is governed by Hong Kong employment standards and company policies.

EX-10.6 5 forms1a1-ex106.txt AGREEMENT [EXHIBIT 10.6] China Clean & Renewable Energy Limited March 15, 2008 Mr. Wan Chin Tang Address: JianjunAo Kowloon, Hong Kong. Dear Mr. Tang: LETTER OF APPOINTMENT - --------------------- We are please to offer you the position of Vice President and Chief Technical Officer of China Clean & Renewable Energy Limited with effect from June 1, 2008. Your commencing salary will be HK$ 38,000 per month. The probation period will be for two months from the date hereof. Your salary increment per year is subject to your performance as appraised by the Company. Other terms and conditions are as stated on the attached. Notwithstanding that the Company reserves the right at all times to amend its employee benefit package when the need arises, if you accept the above offer and the terms and conditions of employment, kindly sign and return the duplicate of this letter to us. We take this opportunity to wish you a successful career with us and look forward to your contribution to the success of the Company. Yours Sincerely, For and on behalf of China Clean &Renewable Energy Limited /s/Allen Tat Yan Huie Allen Tat Yan Huie President & CEO - --------------------------------------------------------- I ___________________________, accept the above offer and the terms and conditions of employment as stated. I will be able to commence employment on June 1st, 2008. /s/Wan Chin Tang 10/15/08 - --------------------------- ---------------- Signature Date Terms & Conditions of Employment -------------------------------- Position : Mr. Wan Chin Tang for position of Vice President and Chief Technical Officer. Probation : 2 months. However, the company may extend or shorten this probationary period according to the individual's performance. For the first month, either party reserves the right to terminate this contract of service by serving one day's notice. For the rest of the probationary period, a month's notice or payment-in-lieu is required. Working Hours : From 9:00am to 6:00pm, Monday to Friday. You are to work at such times and for such periods as the efficient and conscientious discharge of your duties requires. You will not be entitled to any overtime payment should you be required to work outside office hours. The position requires you, from time to time, to work beyond working hours, including Sundays and Public Holidays without additional compensation. Annual Leave : On completion of one year's service, you will be entitled to 10 days of paid leave in each calendar year to be taken at such times as may be agreed between the company and yourself. Insurance : Traveling and Medical Insurance will be provided according to the Company's standard package to the level of staff concerned. End of year Payment : You will be entitled to a thirteenth month salary. Any bonus on top of this will be at the sole discretion of the Board. MPF : The general requirement of the Hong Kong MPF Ordinance shall apply. Overseas Work : On occasions where you are required to work overseas, the company will be responsible for your traveling expenses and accommodation according to the company's policy. You will be reimbursed direct expenses incurred for food and laundry subjected to production of receipts or other supporting evidence as may be reasonably required by the company or be given a fixed allowance. Conflict of Interest : You shall immediately inform the company of any intention to pursue a secondary interest or engagement, whether related or unrelated to the company's business, and obtain prior written consent of the Company before engaging in any such interest or engagement. Confidentiality Clause : You shall not either during the course of your employment with the Company or thereafter in the proper course of your duties or otherwise given authority to do so, divulge to any person whatsoever and shall to your best endeavor prevent the unauthorized publication or disclosures of any trade secrets or any confidential information concerning business and finances of the Company and of any dealings transactions or affairs which may come to your knowledge during the course of your employment. Notice & Terms of Termination : Termination unless otherwise mutually agreed by both parties may be made by either party giving one (1) months' notice or one (1) months' pay in lieu and both party's liability will be restricted to this amount. Notwithstanding this, the Company reserves the right at all times to terminate your services at shorter notice or no notice period and without any payment-in-lieu or any compensation or damages should you be found guilty of fraud or dishonesty or is guilty of misconduct, misdemeanor, negligence in the discharge of your duties or become bankrupt or has a receiving order made against you or made general composition with creditors, commit any act or omission prejudicial to the interests of the company or breach any of the terms and conditions contained herein or as laid down by the Company from time to time. Upon the termination of your services for whatever reason, you shall, at the request of the Company, forthwith resign as Director (if so appointed) of the Company or any other company in the Group in writing under seal and without any claim for compensation for loss of such directorship. You shall also promptly return to the Company, list of clients and customers, correspondence, all documents, books, papers and record which may have come to your possession or and under your control and which related to the business of the Company. Additional terms and Conditions : Additional terms and conditions may arise during the course of employment, these terms and conditions will from an appendix to this contract by mutual agreement and will become part of this contract. **** END**** Confirmed by : /s/Wan Chin Tang ----------------------