Employment Agreement
Exhibit
10.8
1. Shiner International, Inc.
(the employer henceforth referred to as Party A) requires the employment
of Qingtao Xing
(the employee henceforth referred to as Party B) as Chief Executive Officer of
Shiner International Inc.. Both parties, in the spirit of friendly
cooperation, agree to enter into this agreement under the terms, conditions, and
provisions specified as follows.
2. The period of service will
be from February/03/2010 (day/month/year)
to December/31/2012
(day/month/year).
Item
1 Party B’s Duties
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a.
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Party
B serves as CEO of Shiner International, Inc.
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b.
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Party
B must complete the work on time required by Party
A.
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Item
2 Party A’s Duties
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a.
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According
to the national laws and regulations, Party B’s working time must not be
more than 8 hours a day and 40 hours a week.
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b.
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Pursuant
to the national laws and regulations, Party A must provide Party B enough
time to arrange vacations.
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c.
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Party
A should provide necessary work conditions and healthy work environment
for Party B, insuring Party B works under a comfortable
situation.
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Item
3 Compensation
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a.
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According
to the national and the provincial compensation policies, Party A shall
determine Party B’s compensation and monthly pay in
money.
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b.
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Party
A shall implement the minimum salary guarantee system, which means that
the employee’s monthly salary must not be lower than the lowest salary
level prescribed by the provincial government.
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c.
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Subject
to China’s labor law, related regulations and Party A’s operating
condition, Party A can increase or decrease Party B’s compensation,
including bonus, allowance and so on.
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d.
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When
Party A requires B to work overtime, it should also arrange the same extra
time for Party B to rest, or defray call-back
pay.
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Item
4 Indemnification and Insurance
Subject
to the national and provincial provisions, Party A and Party B shall pay social
insurance on time.
Item
5 Party B should abide by the national laws and regulations.
Item
6 Revision, Cancellation, and Termination of the Agreement
According
to different conditions, the revision, cancellation, and termination of the
Agreement should be pursuant to the national laws and regulations.
Item
7 Economic Compensation
When
Party A terminates the Agreement with Party B, Party A should pay Party B for
economic compensation in accordance with related regulations.
Item
8 Punishment for Violation of the Agreement
Subject
to China’s Labor Law, if any party causes any damage to the other party for
violation of the Agreement, it shall provide certain compensation.
Item
9 Labor Dispute Settlement
Both
parties shall consult with each other and mediate any disputes which may arise
concerning the Agreement. In case all efforts fail, the parties hereto may
appeal to the organization of arbitration for labor affairs in the local
area.
In
Witness whereof the parties hereto have executed this Agreement in two
counterparts. Every party has one copy.
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Party
A:
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Party
B:
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Shiner
International Inc.
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Qingtao
Xing
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(Seal)
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(Signature)
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Date:
February 3, 2010
