Employment Benefits Plans. In further consideration of the Services to be rendered under this Agreement, Executive will be entitled to participate in pension, profit sharing and other retirement plans, incentive compensation plans, group health, hospitalization and disability or other insurance plans, and other employee welfare benefit plans generally made available to other similarly-situated employees of the Company, in accordance with the benefit plans established by the Company, and as may be amended from time to time in the Company’s sole discretion.
Employment Benefits Plans. 15 5.11. Contracts............................................................................................16 5.12. Seller's Financial Statements........................................................................18 5.13. Trade Accounts and Other Receivables.................................................................18 5.14. Litigation...........................................................................................18 5.15.
Employment Benefits Plans. The Company has Employee Stock Option Plan and Sales Incentive Plan in effect. The Company has entered into employment contracts and non-compete agreements with Xxxx Xx Sing and Tian Xxxx Xxxx. WFOE and the OpCo have entered into employment contracts and non-compete agreements with each of their employees. Both WFOE and OpCo are obligated to make severance payment to the employees for early termination as required by the PRC Employment Law.
