HONGKONG TAKUNG ASSETS AND EQUITY OF ARTWORKS EXCHANGE CO., LIMITED Room 2003-2004, 20th Floor, HutchisonHouse, 10 Harcourt Road, Central, Hong Kong
Exhibit 10.9
HONGKONG TAKUNG ASSETS AND EQUITY OF
ARTWORKS EXCHANGE CO., LIMITED
Room 2003-2004, 20th Floor, Hutchison House,
10 Harcourt Road, Central, Hong Kong
1 Jun 2014
CONFIDENTIAL
Mr. Xiao Di
No. 501, Gate 5, Block 2,
Guangling Li, Lintong Road,
Nankai District, 300110
People's Republic of China
Dear Mr. Xiao
EMPLOYMENT LETTER
We are pleased to offer you the position of Managing Director of our company with immediate effect. Your deployment to manage our Hong Kong business and office will commence upon a proper employment visa is granted by the Immigration Department of the Hong Kong SAR.
You are to report to the shareholders of the Company. You as an employee of the Company are bound by the following terms and conditions of this Employment Letter
SCOPE OF DUTIES
Your scope of duties is as follows:
• Managing the business operations
• Promotion and marketing of the Company's business
• Providing consulting and services to the clients of the Company • Administration and Human Resources management
• Financial and Accounting management
SALARY
Your monthly salary shall be HK$60,000 per month plus reimbursements of any expenses paid on behalf of the Company during your delivery of duties. Salary payment will be made monthly in arrear and not later than the last Friday of each month.
Your salary will be reviewed annually every January.
EMPLOYMENT LETTER - Xiao Di
Date: 1 Jun 2014
Continue... Page 213
WORKING HOUR
The working hour of our company is as follows:
Monday to Friday | 9:00 am to 5:30 pm |
Lunch Beak | 12:30 pm to 1:30 pm |
You are required to complete your duties on time and in case you are required to work overtime in order to complete a task to meet deadline, no compensation will be entitled by you for the overtime incurred.
ANNUAL LEAVE
You are entitled to annual leave of 20 working days.
TRAVEL
In case you are required to travel for delivery of your duties for the Company, all expenses incurred, including freight, fare and meals, will be fully reimbursed upon provision of proof of payments.
ACCOMMODATION
The Company will provide you accommodation of housing allowance upon your application to the Company. The amount to be provided to you as housing allowance shall not be more than 50% of your current salary.
MEDICAL
The Company will provide you with medical benefit in which you will be fully reimbursed of any medical expenses upon provision of the valid doctor certificates and payment receipts from the relevant doctors.
TERMINATION AND REPATRIATION
This employment can be terminated by either party by given at least one months’ notice.
Upon the termination of employment, the Company shall provide air tickets of Economic Class for repatriation of yourself and your immediate family members back to China.
EMPLOYMENT LETTER - Xiao Di
Date: 1 Jun 2014
Continue... Page 313
GOVERNING LAWS
This Employment Letter is governed by the laws of the Special Administration Region of Hong Kong (HKSAR). In case any terms and conditions of this Employment Letter is in conflict to any clauses of the Labor Ordinance of HKSAR, and unless the said term and condition of this Employment Letter is below the basic requirement of the relevant clause of the Labor Ordinance of HKSAR, the terms and conditions of this Employment Letter shall prevail.
If you accept this Employment Letter, please sign at the space provided below.
Yours truly | I agree and accept all the terms and conditions |
For and on behalf of | of this Employment Letter |
Xiao Di | |
Date: 1 Jan 2014 |