Amendment to Employment Agreement between New Energy Systems Group and Junfeng Chen

Contract Categories: Human Resources › Employment Agreements
Summary

This amendment updates the employment agreement between New Energy Systems Group and Junfeng Chen, originally signed on November 1, 2009. Under the amendment, Junfeng Chen will continue to serve as Chief Financial Officer (CFO), and his monthly salary will increase from RMB10,000 to RMB80,000. All other benefits and terms of the original agreement remain unchanged.

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EX-10.35 4 ex1035.htm EXHIBIT 10.35 ex1035.htm
Exhibit 10.35
 
 
Amendment to Employment Agreement

Reference is made to the Employment Agreement entered into between New Energy Systems Group and Junfeng Chen on November 1, 2009 (“Employment Agreement”). Pursuant to negotiation, the parties agree to amend the Employment Agreement as follows:

1.  
Jufeng Chen Shall keep serving as the CFO;
2.  
Jufeng Chen’s salary shall be changed from RMB10,000 per month to RMB80,000 per month;
3.  
The rest of the benefits shall remain the same.
 
 
  New Energy System Group  
       
 
By:
/s/ Weihe Yu  
    September 1, 2011