October 8, 2010 Mr. Gregory D. Tse Member of the Board First China Pharmaceutical Group, Inc.
Exhibit 10.3(a)
October 8, 2010
Xx. Xxxxxxx X. Xxx
Member of the Board
I, Xx. Xxxx Xxxxx Xxxx hereby amend the Bonus Payment Agreement that I entered into with First China Pharmaceutical Group, Inc. on October 7, 2010 to reflect the following:
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1.
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In order to ensure that the company has sufficient working capital to execute its business plan, I hereby waive my right to receive any bonus payments as provided in the Bonus Payment Agreement dated October 7, 2010, for the Fiscal Year of First China Pharmaceutical Group, Inc. ending March 31, 2011.
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2.
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No amounts due for the Fiscal Year of First China Pharmaceutical Group, Inc. ending March 31, 2011 will be carried forward. I absolve all interests in any payments due to me for the Fiscal Year of First China Pharmaceutical Group, Inc. ending March 31, 2011.
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3.
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By May 30, 2011, I will inform the Board of First China Pharmaceutical Group, Inc. of my intentions of bonus payments due to me, as provided in the Bonus Payment Agreement dated October 7, 2010, for all or part of the Fiscal Year of First China Pharmaceutical Group, Inc. ending March 31, 2012.
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/s/ Xxxx Xxxxx Xxxx
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Xx. Xxxx Xxxxx Xxxx
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/s/ Xxxxxxx X. Xxx
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Witness
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