Exhibit 10.5
March 5, 2003
Xx. Xxxxxx Xxxxxx
000 Xxxx 00xx Xxxxxx
Xxxxxxxxx, XX
X0X 0X0
Dear Xx. Xxxxxx,
Xxxxx Xxxxx and Xx Xxxx of Sino Pharmaceuticals Corp. have agreed to enter into
a consultancy agreement with Xxxxxx Xxxxxx for the period of six months
beginning March 5th 2003 and ending September 5th 2003, with a review after
three months thereof to ascertain continuation of this agreement.
As per our discussion, the compensation will be $3000.00 U.S. dollars payable at
the end of every month beginning April 5, 2003. Xxxxxx Xxxxxx will provide
advice and best effort to assist in assembling data that will enable Sino
Pharmaceuticals Corp. to proceed to the partnering stage of your development.
Business conducted on behalf of Sino Pharmaceuticals Corp. requiring Xxxxxx
Xxxxxx to incur travel expenses will be treated and billed separate from this
agreement with prior approval from Xxxxx Xxxxx and/or Xx Xxxx.
If you are in agreement with what has been stated, please sign below and return
the original to me.
/s/____________________________ Date Signed: March 5 , 2003
Xxxxx Xxxxx
On behalf of Sino Pharmaceuticals Corp.
/s/____________________________ Date Signed: March 5 , 2003
Xx Xxxx
On behalf of Sino Pharmaceuticals Corp.
/s/____________________________ Date Signed: March 5 , 2003
Xxxxxx Xxxxxx
