EXHIBIT 10.17
EMPLOYMENT CONTRACT
1. EMPLOYER AND EMPLOYEE:
This contract of employment is executed and entered into by and
between:
"The EMPLOYER": Xxxxxx Science, Inc. (CEO: Xxxxx-xxxx Noh)
"The EMPLOYEE": TAE-XXXX XXX
(National Registration Number: 000000-0000000)
2. TERMS AND CONDITIONS:
The EMPLOYER and the EMPLOYEE agree on the following:
1) Duration of the Contract: From 01/04/2003 to _______________
(dd/mm/yy) (dd/mm/yy)
2) Division/Team: SALES & MARKETING
3) Position/Title: VICE PRESIDENT
4) Salary: 63,600,000 Wons per year
5) Salary Payment Method
The monthly wage amount is equal to the annual salary amount
(stated above) divided by 12 (twelve). The EMPLOYER will pay
the EMPLOYEE the monthly wage on the 21st day of each month.
6) Severance/Retirement Pay
Refer to the Company Policy regarding Severance/retirement pay
for executive officers.
3. MISCELLANEOUS
The Company Policy will be referred to for matters that are not
specified herein.
CONTRACT DATE: 01/04/2003
THE EMPLOYER: Xxxxx-xxxx Noh, CEO, Xxxxxx Science
THE EMPLOYEE: Name TAE-XXXX XXX (signature) /S/ TAE-XXXX XXX
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Address #504-501 CHEONG SOL MA EUL GEUMGOK-XXXX XXXXXXX-DU
Sungnam-City Gyeong Gi-Do, KOREA