CHINA JO-JO DRUGSTORES, INC. RESTRICTED STOCK AWARD AGREEMENT UNDER THE 2010 EQUITY INCENTIVE PLANRestricted Stock Award Agreement • August 2nd, 2011 • China Jo-Jo Drugstores, Inc. • Retail-drug stores and proprietary stores
Pursuant to the China Jo-Jo Drugstores, Inc. 2010 Equity Incentive Plan (the “Plan”) as amended through the date hereof, China Jo-Jo Drugstores, Inc. (the “Company”) hereby grants a Restricted Stock Award (an “Award”) to the Grantee named above. Upon acceptance of this Award, the Grantee shall receive the number of shares of common stock of the Company, par value $.001 per share (“Par Value”), specified above (the “Shares”) having a fair value per share (“Original Value”) equal to the amount specified above, subject to the restrictions and conditions set forth herein and in the Plan. The Company acknowledges the receipt from the Grantee of consideration with respect to the Original Value of the Shares in the form of cash, past or future services rendered to the Company by the Grantee, or such other form of consideration as is acceptable to the Committee.
CHINA JO-JO DRUGSTORES, INC. RESTRICTED STOCK AWARD AGREEMENT UNDER THE 2010 EQUITY INCENTIVE PLANChina Jo-Jo Drugstores, Inc. • August 2nd, 2011 • Retail-drug stores and proprietary stores
Pursuant to the China Jo-Jo Drugstores, Inc. 2010 Equity Incentive Plan (the “Plan”) as amended through the date hereof, China Jo-Jo Drugstores, Inc. (the “Company”) hereby grants a Restricted Stock Award (an “Award”) to the Grantee named above. Upon acceptance of this Award, the Grantee shall receive the number of shares of common stock of the Company, par value $.001 per share, specified above (the “Shares”) having a fair value per share (“Original Value”) equal to the amount specified above, subject to the restrictions and conditions set forth herein and in the Plan. The Company acknowledges the receipt from the Grantee of consideration with respect to the Original Value of the Shares in the form of cash, past or future services rendered to the Company by the Grantee, or such other form of consideration as is acceptable to the Committee.
EMPLOYMENT AGREEMENTEmployment Agreement • August 2nd, 2011 • China Jo-Jo Drugstores, Inc. • Retail-drug stores and proprietary stores • Nevada
This employment agreement (this “Agreement”) dated as of August 1, 2011 (the “Effective Date”), is made by and between China Jo-Jo Drugstores, Inc., a Nevada corporation (the “Company”), and Frank Ming Zhao (the “Executive,” and with the Company, each a “Party” and collectively the “Parties”).
AGREEMENTAgreement • August 2nd, 2011 • China Jo-Jo Drugstores, Inc. • Retail-drug stores and proprietary stores • Nevada
This AGREEMENT (this “Agreement”), dated as of August 1, 2011, is by and between Worldwide Officers, Inc. a California Corporation (the “Lender”), and China Jo-Jo Drugstores, Inc., a Nevada corporation (the “Company”), to memorialize the terms and conditions for the services of the Lender’s employee, Bennet P. Tchaikovsky (“Executive”). The Lender and the Company shall each be referred to as a “Party” and collectively as the “Parties.”
