Ex 10.2
Jiaozuo Yi Wan Hotel Co.,Ltd.
Management and Administrative Staff Employment Contract
To meet the management and administrative needs of the Corporation, Mr. /Madame
Xx. Xxxxx Wanming is now engaged by Jiaozuo Yi Wan Hotel Co., Ltd. to work in
the position of President.
Upon review and understanding of the content contained in the following
policies: Yi Wan's System of Personal Responsibility of Management and
Administrative Staff, and Yi Wan's Position Employment System of Management and
Administrative Staff, both parties agree to enter into and sign the this
employment agreement as follows:
1. The employment period shall start from December Month 1 Date 1999 Year to
December Month 1 Date 2002 Year. Three Years altogether.
Monthly salary shall be determined corresponding to the position and level of
work responsibility within the Corporation. The employee will be eligible for
bonus payments according to the provisions of the Corporation's performance and
bonus program. The employee shall enjoy the benefits provided by the Corporation
in a group coverage medical treatment insurance, life insurance and old-age
pension. The employee shall be responsible to pay any and all relevant income
related taxes as may be required by the State.
3. The employee shall obey the direction of his or her supervisor, fulfill the
work duties an tasks assigned by his or her supervisor and carry out all rules
and regulations of the Corporation on his or her own initiative.
4. The Corporation shall, during the time of employment, examine, check and
evaluate the work of the employee. The Corporation shall determine whether the
employee has neglected any of his or her duties and whether he or she has the
ability and qualifications to continue to fulfill the requirements of the
position. In the event the employee has directly caused, whether by negligence
or willful misconduct, economic loss to the Corporation, the Corporation shall
in accordance with Yi Wan's Position Employment System of Management and
Administrative Staff, have the right to demote the position of the employee,
reduce the salary of the employee, dismiss the employee from employment, and, in
the case of criminal action, seek penalties and prosecution under the full force
of the law for economic losses caused by the employee.
5. During the term of employment, the Corporation shall not dismiss the employee
without due cause. During the term of employment, the employee shall not leave
the employment of the Corporation without prior permission of the Corporation.
In the event one party breaches any provision of the employment contract, the
other party shall have the right to pursue legal treatment with the labor
arbitration authorities.
6. When the term of employment expires, the Corporation shall inform the
employee of its intention to enter into a new employment contract with the
employee one month in advance of the stated contract expiration date.
This contract is in the form of two originals: each signed by the Corporation
and the employee. The Corporation and the employee shall each maintain an
original version of the contract. Corporation: Yi Wan Group
Legal Representative /s/________
December Month_1___Date__1999__Year
The Employee /s/___________
December Month__1__Date__1999__Year
Jiaozuo Yi Wan Hotel Co., Ltd.
Management and Administrative Staff Employment Contract
Personnel Department Form No: 1996-01
To meet the management and administrative needs of the Corporation, Mr. /Madame
Xx. Xxxxx Haoyu is now engaged by Jiaozuo Yi Wan Hotel Co., Ltd. to work in the
position of Vice-President.
Upon review and understanding of the content contained in the following
policies: Yi Wan's System of Personal Responsibility of Management and
Administrative Staff, and Yi Wan's Position Employment System of Management and
Administrative Staff, both parties agree to enter into and sign the this
employment agreement as follows:
1. The employment period shall start from DecemberMonth 1 Date 1996 Year to
December Month 1 Date 2001 Year. Five Years altogether.
Monthly salary shall be determined corresponding to the position and level of
work responsibility within the Corporation. The employee will be eligible for
bonus payments according to the provisions of the Corporation's performance and
bonus program. The employee shall enjoy the benefits provided by the Corporation
in a group coverage medical treatment insurance, life insurance and old-age
pension. The employee shall be responsible to pay any and all relevant income
related taxes as may be required by the State.
3. The employee shall obey the direction of his or her supervisor, fulfill the
work duties an tasks assigned by his or her supervisor and carry out all rules
and regulations of the Corporation on his or her own initiative.
4. The Corporation shall, during the time of employment, examine, check and
evaluate the work of the employee. The Corporation shall determine whether the
employee has neglected any of his or her duties and whether he or she has the
ability and qualifications to continue to fulfill the requirements of the
position. In the event the employee has directly caused, whether by negligence
or willful misconduct, economic loss to the Corporation, the Corporation shall
in accordance with Yi Wan's Position Employment System of Management and
Administrative Staff, have the right to demote the position of the employee,
reduce the salary of the employee, dismiss the employee from employment, and, in
the case of criminal action, seek penalties and prosecution under the full force
of the law for economic losses caused by the employee.
5. During the term of employment, the Corporation shall not dismiss the employee
without due cause. During the term of employment, the employee shall not leave
the employment of the Corporation without prior permission of the Corporation.
In the event one party breaches any provision of the employment contract, the
other party shall have the right to pursue legal treatment with the labor
arbitration authorities.
6. When the term of employment expires, the Corporation shall inform the
employee of its intention to enter into a new employment contract with the
employee one month in advance of the stated contract expiration date.
This contract is in the form of two originals: each signed by the Corporation
and the employee. The Corporation and the employee shall each maintain an
original version of the contract. Corporation: Yi Wan Group
Legal Representative /s/________
December Month_1___Date__1996__Year
The Employee /s/___________
December Month__1__Date__1996__Year
Jiaozuo Yi Wan Hotel Co., Ltd.
Management and Administrative Staff Employment Contract
Personnel Department Form No: 2000-T-01
To meet the management and administrative needs of the Corporation, Mr. /Madame
Xx. Xx Xxxxxx is now engaged by Jiaozuo Yi Wan Hotel Co., Ltd. to work in the
position of Representative of Guangdong Office.
Upon review and understanding of the content contained in the following
policies: Yi Wan's System of Personal Responsibility of Management and
Administrative Staff, and Yi Wan's Position Employment System of Management and
Administrative Staff, both parties agree to enter into and sign the this
employment agreement as follows:
1. The employment period shall start from Aprial Month 25 Date 2000 Year to
Aprial Month 25 Date 2003 Year. Three Years altogether.
Monthly salary shall be determined corresponding to the position and level of
work responsibility within the Corporation. The employee will be eligible for
bonus payments according to the provisions of the Corporation's performance and
bonus program. The employee shall enjoy the benefits provided by the Corporation
in a group coverage medical treatment insurance, life insurance and old-age
pension. The employee shall be responsible to pay any and all relevant income
related taxes as may be required by the State.
3. The employee shall obey the direction of his or her supervisor, fulfill the
work duties an tasks assigned by his or her supervisor and carry out all rules
and regulations of the Corporation on his or her own initiative.
4. The Corporation shall, during the time of employment, examine, check and
evaluate the work of the employee. The Corporation shall determine whether the
employee has neglected any of his or her duties and whether he or she has the
ability and qualifications to continue to fulfill the requirements of the
position. In the event the employee has directly caused, whether by negligence
or willful misconduct, economic loss to the Corporation, the Corporation shall
in accordance with Yi Wan's Position Employment System of Management and
Administrative Staff, have the right to demote the position of the employee,
reduce the salary of the employee, dismiss the employee from employment, and, in
the case of criminal action, seek penalties and prosecution under the full force
of the law for economic losses caused by the employee.
5. During the term of employment, the Corporation shall not dismiss the employee
without due cause. During the term of employment, the employee shall not leave
the employment of the Corporation without prior permission of the Corporation.
In the event one party breaches any provision of the employment contract, the
other party shall have the right to pursue legal treatment with the labor
arbitration authorities.
6. When the term of employment expires, the Corporation shall inform the
employee of its intention to enter into a new employment contract with the
employee one month in advance of the stated contract expiration date.
This contract is in the form of two originals: each signed by the Corporation
and the employee. The Corporation and the employee shall each maintain an
original version of the contract. Corporation: Yi Wan Group
Legal Representative /s/________
Aprial Month_25___Date__2000__Year
The Employee /s/___________
Aprial Month__25__Date__2000__Year
Jiaozuo Yi Wan Hotel Co., Ltd.
Management and Administrative Staff Employment Contract
Personnel Department Form No: 1998-T-1
To meet the management and administrative needs of the Corporation, Mr. /Madame
Mr. You Yingliu is now engaged by Jiaozuo Yi Wan Hotel Co., Ltd. to work in the
position of Representative for Seafood Purchasing.
Upon review and understanding of the content contained in the following
policies: Yi Wan's System of Personal Responsibility of Management and
Administrative Staff, and Yi Wan's Position Employment System of Management and
Administrative Staff, both parties agree to enter into and sign the this
employment agreement as follows:
1. The employment period shall start from December Month 25 Date 1998 Year to
December Month 25 Date 2001 Year. Three Years altogether.
Monthly salary shall be determined corresponding to the position and level of
work responsibility within the Corporation. The employee will be eligible for
bonus payments according to the provisions of the Corporation's performance and
bonus program. The employee shall enjoy the benefits provided by the Corporation
in a group coverage medical treatment insurance, life insurance and old-age
pension. The employee shall be responsible to pay any and all relevant income
related taxes as may be required by the State.
3. The employee shall obey the direction of his or her supervisor, fulfill the
work duties an tasks assigned by his or her supervisor and carry out all rules
and regulations of the Corporation on his or her own initiative.
4. The Corporation shall, during the time of employment, examine, check and
evaluate the work of the employee. The Corporation shall determine whether the
employee has neglected any of his or her duties and whether he or she has the
ability and qualifications to continue to fulfill the requirements of the
position. In the event the employee has directly caused, whether by negligence
or willful misconduct, economic loss to the Corporation, the Corporation shall
in accordance with Yi Wan's Position Employment System of Management and
Administrative Staff, have the right to demote the position of the employee,
reduce the salary of the employee, dismiss the employee from employment, and, in
the case of criminal action, seek penalties and prosecution under the full force
of the law for economic losses caused by the employee.
5. During the term of employment, the Corporation shall not dismiss the employee
without due cause. During the term of employment, the employee shall not leave
the employment of the Corporation without prior permission of the Corporation.
In the event one party breaches any provision of the employment contract, the
other party shall have the right to pursue legal treatment with the labor
arbitration authorities.
6. When the term of employment expires, the Corporation shall inform the
employee of its intention to enter into a new employment contract with the
employee one month in advance of the stated contract expiration date.
This contract is in the form of two originals: each signed by the Corporation
and the employee. The Corporation and the employee shall each maintain an
original version of the contract. Corporation: Yi Wan Group
Legal Representative /s/________
December Month_24___Date__1998__Year
The Employee /s/___________
Decembert Month_24__Date__1998__Year
Jiaozuo Yi Wan Hotel Co.,Ltd.
Management and Administrative Staff Employment Contract
Personnel Department Form No: 2000-02
To meet the management and administrative needs of the Corporation, Mr. /Madame
Xx. Xxxxx Jufeng is now engaged by Jiaozuo Yi Wan Hotel Co., Ltd. to work in the
position of Assistant President.
Upon review and understanding of the content contained in the following
policies: Yi Wan's System of Personal Responsibility of Management and
Administrative Staff, and Yi Wan's Position Employment System of Management and
Administrative Staff, both parties agree to enter into and sign the this
employment agreement as follows:
1. The employment period shall start from March Month 20 Date 2000 Year to March
Month 20 Date 2005 Year. Five Years altogether.
Monthly salary shall be determined corresponding to the position and level of
work responsibility within the Corporation. The employee will be eligible for
bonus payments according to the provisions of the Corporation's performance and
bonus program. The employee shall enjoy the benefits provided by the Corporation
in a group coverage medical treatment insurance, life insurance and old-age
pension. The employee shall be responsible to pay any and all relevant income
related taxes as may be required by the State.
3. The employee shall obey the direction of his or her supervisor, fulfill the
work duties an tasks assigned by his or her supervisor and carry out all rules
and regulations of the Corporation on his or her own initiative.
4. The Corporation shall, during the time of employment, examine, check and
evaluate the work of the employee. The Corporation shall determine whether the
employee has neglected any of his or her duties and whether he or she has the
ability and qualifications to continue to fulfill the requirements of the
position. In the event the employee has directly caused, whether by negligence
or willful misconduct, economic loss to the Corporation, the Corporation shall
in accordance with Yi Wan's Position Employment System of Management and
Administrative Staff, have the right to demote the position of the employee,
reduce the salary of the employee, dismiss the employee from employment, and, in
the case of criminal action, seek penalties and prosecution under the full force
of the law for economic losses caused by the employee.
5. During the term of employment, the Corporation shall not dismiss the employee
without due cause. During the term of employment, the employee shall not leave
the employment of the Corporation without prior permission of the Corporation.
In the event one party breaches any provision of the employment contract, the
other party shall have the right to pursue legal treatment with the labor
arbitration authorities.
6. When the term of employment expires, the Corporation shall inform the
employee of its intention to enter into a new employment contract with the
employee one month in advance of the stated contract expiration date.
This contract is in the form of two originals: each signed by the Corporation
and the employee. The Corporation and the employee shall each maintain an
original version of the contract. Corporation: Yi Wan Group
Legal Representative /s/________
March Month_20___Date__2000__Year
The Employee /s/___________
March Month__20__Date__2000__Year
Jiaozuo Yi Wan Hotel Co.,Ltd.
Management and Administrative Staff Employment Contract
Personnel Department Form No: 2000-03
To meet the management and administrative needs of the Corporation, Mr. /Madame
Ms. Xxx Xxx is now engaged by Jiaozuo Yi Wan Hotel Co., Ltd. to work in the
position of Assistant President.
Upon review and understanding of the content contained in the following
policies: Yi Wan's System of Personal Responsibility of Management and
Administrative Staff, and Yi Wan's Position Employment System of Management and
Administrative Staff, both parties agree to enter into and sign the this
employment agreement as follows:
1. The employment period shall start from March Month 20 Date 2000 Year to March
Month 20 Date 2005 Year. Five Years altogether.
Monthly salary shall be determined corresponding to the position and level of
work responsibility within the Corporation. The employee will be eligible for
bonus payments according to the provisions of the Corporation's performance and
bonus program. The employee shall enjoy the benefits provided by the Corporation
in a group coverage medical treatment insurance, life insurance and old-age
pension. The employee shall be responsible to pay any and all relevant income
related taxes as may be required by the State.
3. The employee shall obey the direction of his or her supervisor, fulfill the
work duties an tasks assigned by his or her supervisor and carry out all rules
and regulations of the Corporation on his or her own initiative.
4. The Corporation shall, during the time of employment, examine, check and
evaluate the work of the employee. The Corporation shall determine whether the
employee has neglected any of his or her duties and whether he or she has the
ability and qualifications to continue to fulfill the requirements of the
position. In the event the employee has directly caused, whether by negligence
or willful misconduct, economic loss to the Corporation, the Corporation shall
in accordance with Yi Wan's Position Employment System of Management and
Administrative Staff, have the right to demote the position of the employee,
reduce the salary of the employee, dismiss the employee from employment, and, in
the case of criminal action, seek penalties and prosecution under the full force
of the law for economic losses caused by the employee.
5. During the term of employment, the Corporation shall not dismiss the employee
without due cause. During the term of employment, the employee shall not leave
the employment of the Corporation without prior permission of the Corporation.
In the event one party breaches any provision of the employment contract, the
other party shall have the right to pursue legal treatment with the labor
arbitration authorities.
6. When the term of employment expires, the Corporation shall inform the
employee of its intention to enter into a new employment contract with the
employee one month in advance of the stated contract expiration date.
This contract is in the form of two originals: each signed by the Corporation
and the employee. The Corporation and the employee shall each maintain an
original version of the contract. Corporation: Yi Wan Group
Legal Representative /s/________
March Month_20___Date__2000__Year
The Employee /s/___________
March Month_20__Date__2000__Year
Jiaozuo Yi Wan Hotel Co.,Ltd.
Management and Administrative Staff Employment Contract
Personnel Department Form No: 2000-05
To meet the management and administrative needs of the Corporation, Mr. /Madame
Mr. Xxxx Xxxx is now engaged by Jiaozuo Yi Wan Hotel Co., Ltd. to work in the
position of Director of the Administrative Office
Upon review and understanding of the content contained in the following
policies: Yi Wan's System of Personal Responsibility of Management and
Administrative Staff, and Yi Wan's Position Employment System of Management and
Administrative Staff, both parties agree to enter into and sign the this
employment agreement as follows:
1. The employment period shall start from October Month 1 Date 2000 Year to
October Month 1 Date 2005 Year. Five Years altogether.
Monthly salary shall be determined corresponding to the position and level of
work responsibility within the Corporation. The employee will be eligible for
bonus payments according to the provisions of the Corporation's performance and
bonus program. The employee shall enjoy the benefits provided by the Corporation
in a group coverage medical treatment insurance, life insurance and old-age
pension. The employee shall be responsible to pay any and all relevant income
related taxes as may be required by the State.
3. The employee shall obey the direction of his or her supervisor, fulfill the
work duties an tasks assigned by his or her supervisor and carry out all rules
and regulations of the Corporation on his or her own initiative.
4. The Corporation shall, during the time of employment, examine, check and
evaluate the work of the employee. The Corporation shall determine whether the
employee has neglected any of his or her duties and whether he or she has the
ability and qualifications to continue to fulfill the requirements of the
position. In the event the employee has directly caused, whether by negligence
or willful misconduct, economic loss to the Corporation, the Corporation shall
in accordance with Yi Wan's Position Employment System of Management and
Administrative Staff, have the right to demote the position of the employee,
reduce the salary of the employee, dismiss the employee from employment, and, in
the case of criminal action, seek penalties and prosecution under the full force
of the law for economic losses caused by the employee.
5. During the term of employment, the Corporation shall not dismiss the employee
without due cause. During the term of employment, the employee shall not leave
the employment of the Corporation without prior permission of the Corporation.
In the event one party breaches any provision of the employment contract, the
other party shall have the right to pursue legal treatment with the labor
arbitration authorities.
6. When the term of employment expires, the Corporation shall inform the
employee of its intention to enter into a new employment contract with the
employee one month in advance of the stated contract expiration date.
This contract is in the form of two originals: each signed by the Corporation
and the employee. The Corporation and the employee shall each maintain an
original version of the contract. Corporation: Yi Wan Group
Legal Representative /s/________
October Month_1___Date__2000__Year
The Employee /s/___________
October Month__1__Date__2000__Year
Jiaozuo Yi Wan Hotel Co.,Ltd.
Management and Administrative Staff Employment Contract
Personnel Department Form No: 2000-04
To meet the management and administrative needs of the Corporation, Mr. /Madame
Xx. Xx Zhaoxia is now engaged by Jiaozuo Yi Wan Hotel Co., Ltd. to work in the
position of Manager of the Food and Beverage Department.
Upon review and understanding of the content contained in the following
policies: Yi Wan's System of Personal Responsibility of Management and
Administrative Staff, and Yi Wan's Position Employment System of Management and
Administrative Staff, both parties agree to enter into and sign the this
employment agreement as follows:
1. The employment period shall start from August Month 15 Date 2000 Year to
August Month 15 Date 2005 Year. Five Years altogether.
Monthly salary shall be determined corresponding to the position and level of
work responsibility within the Corporation. The employee will be eligible for
bonus payments according to the provisions of the Corporation's performance and
bonus program. The employee shall enjoy the benefits provided by the Corporation
in a group coverage medical treatment insurance, life insurance and old-age
pension. The employee shall be responsible to pay any and all relevant income
related taxes as may be required by the State.
3. The employee shall obey the direction of his or her supervisor, fulfill the
work duties an tasks assigned by his or her supervisor and carry out all rules
and regulations of the Corporation on his or her own initiative.
4. The Corporation shall, during the time of employment, examine, check and
evaluate the work of the employee. The Corporation shall determine whether the
employee has neglected any of his or her duties and whether he or she has the
ability and qualifications to continue to fulfill the requirements of the
position. In the event the employee has directly caused, whether by negligence
or willful misconduct, economic loss to the Corporation, the Corporation shall
in accordance with Yi Wan's Position Employment System of Management and
Administrative Staff, have the right to demote the position of the employee,
reduce the salary of the employee, dismiss the employee from employment, and, in
the case of criminal action, seek penalties and prosecution under the full force
of the law for economic losses caused by the employee.
5. During the term of employment, the Corporation shall not dismiss the employee
without due cause. During the term of employment, the employee shall not leave
the employment of the Corporation without prior permission of the Corporation.
In the event one party breaches any provision of the employment contract, the
other party shall have the right to pursue legal treatment with the labor
arbitration authorities.
6. When the term of employment expires, the Corporation shall inform the
employee of its intention to enter into a new employment contract with the
employee one month in advance of the stated contract expiration date.
This contract is in the form of two originals: each signed by the Corporation
and the employee. The Corporation and the employee shall each maintain an
original version of the contract. Corporation: Yi Wan Group
Legal Representative /s/________
August Month_15___Date__2000__Year
The Employee /s/___________
August Month_15__Date__2000__Year
Jiaozuo Yi Wan Hotel Co.,Ltd.
Management and Administrative Staff Employment Contract
Personnel Department Form No: 2000-01
To meet the management and administrative needs of the Corporation, Mr. /Madame
Xx. Xxxx Xxxxxxxx is now engaged by Jiaozuo Yi Wan Hotel Co., Ltd. to work in
the position of Manager of the Guest Room Department.
Upon review and understanding of the content contained in the following
policies: Yi Wan's System of Personal Responsibility of Management and
Administrative Staff, and Yi Wan's Position Employment System of Management and
Administrative Staff, both parties agree to enter into and sign the this
employment agreement as follows:
1. The employment period shall start from February Month 1 Date 2000 Year to
February Month 1 Date 2005 Year. Five Years altogether.
Monthly salary shall be determined corresponding to the position and level of
work responsibility within the Corporation. The employee will be eligible for
bonus payments according to the provisions of the Corporation's performance and
bonus program. The employee shall enjoy the benefits provided by the Corporation
in a group coverage medical treatment insurance, life insurance and old-age
pension. The employee shall be responsible to pay any and all relevant income
related taxes as may be required by the State.
3. The employee shall obey the direction of his or her supervisor, fulfill the
work duties an tasks assigned by his or her supervisor and carry out all rules
and regulations of the Corporation on his or her own initiative.
4. The Corporation shall, during the time of employment, examine, check and
evaluate the work of the employee. The Corporation shall determine whether the
employee has neglected any of his or her duties and whether he or she has the
ability and qualifications to continue to fulfill the requirements of the
position. In the event the employee has directly caused, whether by negligence
or willful misconduct, economic loss to the Corporation, the Corporation shall
in accordance with Yi Wan's Position Employment System of Management and
Administrative Staff, have the right to demote the position of the employee,
reduce the salary of the employee, dismiss the employee from employment, and, in
the case of criminal action, seek penalties and prosecution under the full force
of the law for economic losses caused by the employee.
5. During the term of employment, the Corporation shall not dismiss the employee
without due cause. During the term of employment, the employee shall not leave
the employment of the Corporation without prior permission of the Corporation.
In the event one party breaches any provision of the employment contract, the
other party shall have the right to pursue legal treatment with the labor
arbitration authorities.
6. When the term of employment expires, the Corporation shall inform the
employee of its intention to enter into a new employment contract with the
employee one month in advance of the stated contract expiration date.
This contract is in the form of two originals: each signed by the Corporation
and the employee. The Corporation and the employee shall each maintain an
original version of the contract. Corporation: Yi Wan Group
Legal Representative /s/________
February Month_1___Date__2000__Year
The Employee /s/___________
February Month__1__Date__2000__Year
Jiaozuo Yi Wan Hotel Co.,Ltd.
Management and Administrative Staff Employment Contract
Personnel Department Form No: 1999-01
To meet the management and administrative needs of the Corporation, Mr. /Madame
Xx. Xxx Xiaogang is now engaged by Jiaozuo Yi Wan Hotel Co., Ltd. to work in
the position of Manager of the Financial Department.
Upon review and understanding of the content contained in the following
policies: Yi Wan's System of Personal Responsibility of Management and
Administrative Staff, and Yi Wan's Position Employment System of Management and
Administrative Staff, both parties agree to enter into and sign the this
employment agreement as follows:
1. The employment period shall start from October Month 1 Date 1999 Year to
October Month 1 Date 2004 Year. Five Years altogether.
Monthly salary shall be determined corresponding to the position and level of
work responsibility within the Corporation. The employee will be eligible for
bonus payments according to the provisions of the Corporation's performance and
bonus program. The employee shall enjoy the benefits provided by the Corporation
in a group coverage medical treatment insurance, life insurance and old-age
pension. The employee shall be responsible to pay any and all relevant income
related taxes as may be required by the State.
3. The employee shall obey the direction of his or her supervisor, fulfill the
work duties an tasks assigned by his or her supervisor and carry out all rules
and regulations of the Corporation on his or her own initiative.
4. The Corporation shall, during the time of employment, examine, check and
evaluate the work of the employee. The Corporation shall determine whether the
employee has neglected any of his or her duties and whether he or she has the
ability and qualifications to continue to fulfill the requirements of the
position. In the event the employee has directly caused, whether by negligence
or willful misconduct, economic loss to the Corporation, the Corporation shall
in accordance with Yi Wan's Position Employment System of Management and
Administrative Staff, have the right to demote the position of the employee,
reduce the salary of the employee, dismiss the employee from employment, and, in
the case of criminal action, seek penalties and prosecution under the full force
of the law for economic losses caused by the employee.
5. During the term of employment, the Corporation shall not dismiss the employee
without due cause. During the term of employment, the employee shall not leave
the employment of the Corporation without prior permission of the Corporation.
In the event one party breaches any provision of the employment contract, the
other party shall have the right to pursue legal treatment with the labor
arbitration authorities.
6. When the term of employment expires, the Corporation shall inform the
employee of its intention to enter into a new employment contract with the
employee one month in advance of the stated contract expiration date.
This contract is in the form of two originals: each signed by the Corporation
and the employee. The Corporation and the employee shall each maintain an
original version of the contract. Corporation: Yi Wan Group
Legal Representative /s/________
October Month_1___Date__1999__Year
The Employee /s/___________
October Month__1__Date__1999__Year