Financial Consultant Service Agreement
Exhibit 10.1
Financial Consultant Service Agreement
Party A: China Teletech Holding, Inc.
Party B: Xx. Xxxx Xx (Xxxx)
Party A agrees to employ Party B as part-time CFO during the period from March 5, 2013 to March 4, 2014.
As CFO, the working scopes include:
- Preparation of whole set of US GAAP consolidated financial statements (including disclosure notes and MD&A) based on financial statements of each subsidiary reviewed or audited by US auditors quarterly;
- During the employment period, Party B needs to visit Party A two to three times and three days each time. All travel expenses shall be borne by Party A.
Party A shall pay remuneration to Party B by cash and company common stock of Party A. Details are as below:
- Party A pay RMB5,000 to Party B by the 10th day of each month.
- Party A will pay for 500,000 shares company stock to Party B when the agreement comes into effect.
This agreement takes effect after being signed by both parties. This agreement has made in duplicate, one for each party.
Party A (Stamp): Party B (Signature):
Date: March 4, 2013