Labor Contract
This labor contract is based on the People’s Republic China’s labor law and labor contract law and other related laws and regulations.
Employer: China Ginseng Holdings Inc
Employer’s address: 1208A Jiyu Bldg. 1420 Jie Fang Da Road, Changchun City, Jilin, China
Legal Representative: Liu Chang Zhen
Employee: Zhang, Yindong
Gender: Male
Employee’s ID Number: 220102196708053375
Employee’s address: 703 Dongfeng St, Luyuan District, Changchun City, Jilin, China
I. Contract Period & Probation Period
Both parties agree to choose (1 ) for the employment terms:
| | 1. | Fixed contract period: From March 20, 2009 to March 20. 2012 |
| | 2. | No fixed contract period: From___________________ |
| | 3. | By Project : From _______________to completion |
Both parties agree the probationary Period: From March 20, 2009 to June 20, 2009
II Job Description & Job Location
President
III Working Hours & Time Off
Both parties agree to choose (1) for working hours
IV Remuneration
By consensus, both parties confirm the probation wage is $1,463.70 a month, after probation is $1,463.70 a month. Payment should be in monetary form and full payment of the monthly wages shall be delivered by the _the last__ day of the month. Employer shall not unjustifiably deduct or delay in paying the wages. The monthly wage shall not less than the minimum wage implemented by the city.
V Social Insurance and Labor benefits
In accordance with central government, state, provincial and municipal policies and regulations
VI Labor conditions and labor protection against occupational hazards
In accordance with central government, state and provincial requirements relating to the implementation of occupational safety and health
VII Termination & Renew of the Labor Contract
Both parties observe the central government, state and provincial regulations regarding the termination of the labor contract. Unless the violation is expressly stipulated by state, either party in violation of the contract will be subject to the payment of appropriate compensation for breach of contract.
This contract is effective from the date signed by both parties,
Employer: China Ginseng Holdings, Inc.
| Legal Representative: Liu Chang Zhen | Date: March 20, 2009 |
| | |
| Employee: Zhang, Yingdong | Date: March 20, 2009 |
Governing Authority: Changchun City Employment Service (with seal)
March 25, 2009
