Exhibit 10.2
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: RM1601 Zhongji Building 1562 Jiefang Great Road, Changchun City, Jilin, China
Legal Representative: Liu, Changzhen
Employee: Liu, Changzhen
Gender: Male
Employee’s ID Number: 220502195508150039
Employee’s address: 23-6, Hongqi ST, Chaoyang district Changchun city
I. Contract Period & Probation Period
Both parties agreed to choose 1 for the employment terms
1. | Fixed contract period: From January 2, 2014 to January 1,2017. |
2. | No fixed contract period: From __________ year _______ month _______ day |
3. | By Project : From _______________ to completion |
II Job Description & Job Location
CEO
III Working Hours & Time Off
Both parties agreed to choose 1 as working hours
1. | Standard full time |
2. | Non Standard hours |
3. | Combined hours |
IV Remuneration
By consensus, both parties confirm the wage is _¥8,000.00_ 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, Changzhen Date: 01-02-2014
Employee: Liu, Changzhen Date: 01-02-2014
Governing Authority: Changchun City Employment Service (with seal)