LABOR MARKET. The Company shall be entitled to hire employees from the ------------- labor market by placing advertisements or using other direct methods for recruiting employees, either from China or from abroad, as it deems fit. Salaries and benefits payable to any management level employee from China shall be based on standards prevailing in the Chinese labor market for such kind of employee, and salaries and benefits payable to any employee from outside of China shall be based on standards prevailing in the international market for such kind of employee. Such employees, the Company and the parties hereto shall be required to keep confidential all the terms of the engagement of such employees.
Appears in 2 contracts
Samples: Joint Venture Agreement (Pan Asia Mining Corp), Joint Venture Agreement (Pan Asia Mining Corp)
LABOR MARKET. The Company shall be entitled to hire employees from the ------------- -------------- labor market by placing advertisements or using other direct methods for recruiting employees, . either from China or from abroad, . as it deems fit. Salaries and benefits payable to any management level employee from China shall be based on standards prevailing in the Chinese labor market for such kind of employee, . and salaries and benefits payable to any employee from outside of China shall be based on standards prevailing in the international market for such kind of employee. Such employees, the Company and the parties hereto shall be required to keep confidential all the terms of the engagement of such employees.
Appears in 2 contracts
Samples: Joint Venture Agreement (Pan Asia Mining Corp), Joint Venture Agreement (Pan Asia Mining Corp)
LABOR MARKET. The Company shall be entitled to hire employees from the ------------- labor market by placing advertisements or using other direct methods for recruiting employees, either from China or from abroad, as it deems fit. Salaries and benefits payable to any management level employee from China shall be based on standards prevailing in the Chinese labor market for such kind of employee, and salaries and benefits payable to any employee from outside of China shall be based on standards prevailing in the international market for such kind of employee. Such employees, the Company and the parties hereto shall be required to keep confidential all the terms of the engagement of such employees.
Appears in 1 contract
