EMPLOYMENT AGREEMENT

Between

Employer: 	[Please insert company name and address].

Employee:	[Please insert your address].

executed on the date below.

For valuable consideration, the Employer and the Employee agree as follows:

1	DUTIES AND JOB DESCRIPTION

1:1	The Employee is employed in the position of [Please insert job title] and will undertake all necessary duties as are generally performed by individuals who are employed in such a capacity.

1:2	The Employee also agrees to perform further duties incidental to the general job description.

1:3	The position is full time and necessarily based in Hong Kong.

2	PERIOD OF EMPLOYMENT

2:1	The Employee will commence work subject to the consent of the Hong Kong Director of Immigration Department.

2:2	The Employment Agreement will continue indefinitely.

2:3	The working hours of the position shall be as and when business so dictates. The position is an executive level one and, as such, the Employee can expect to work whenever the workload so demands.

2:4	The Employee shall not be required to work on Statutory Holidays but may elect to do so nonetheless.

3	REMUNERATION

3:1	The Employee shall be paid the monthly salary of [HK$00,000].

3:2	The Employee will also be given the following benefits [As relevant]:

3:2:1 	Enrolment in the Hong Kong Mandatory Provident Fund scheme.

3:2:2	Statutory holidays and 25 days annual leave, after completion of one full year service under the terms of this Employment Agreement.

3:2:3	Reimbursement of all business related expenses generally.

3:2:4	Fully expensed mobile telephone and internet service capabilities.

3:3	The Employee shall also receive medical insurance fully funded by the Employer.

3:4	The Employee shall also be reimbursed in full for all business travel undertaken on behalf of the Employer.

4	DISCIPLINE

The Employee agrees to abide by all the rules and regulations of the Employer at all times while employed.

5	TERMINATION

This Employment Agreement may be terminated by:

5:1	Breach of this Employment Agreement by the Employee.

5:2	On the provision of one month's notice by either party.

5:3	Death of the Employee.

5:4	Incapacitation of the Employee for over 60 days in any one year and absence from work, without a valid reason (in the opinion of the Employer) for more than 7 consecutive working days.

5:5	Withdrawal of the requisite permissions of the Hong Kong Immigration Department.

6	DISPUTES

6:1	Any dispute between the Employer and the Employee related to this Employment Agreement will be settled by voluntary mediation. 

6:2	Should mediation prove unsuccessful the dispute will be settled by binding arbitration using the arbitrator of the Hong Kong Labour Department.

7	ENTIRE AGREEMENT

7:1	No modification of this Employment Agreement will be effective unless it is in writing and is signed by both the Employer and the Employee.

7:2	This Employment Agreement binds and benefits both parties and any successors.

7:3 	Time is of the essence of this Employment Agreement.

7:4	This Employment Agreement is governed by the laws of Hong Kong.

7:5	This Employment Agreement and any accompanying 'Offer of Employment' is the entire agreement between the Employer and the Employee.

8	CONFIDENTIALITY

8:1	The Employee agrees to keep all of the Employer's business secrets confidential at all times during and after the term of the Employee's employment. The Employer's business secrets includes any information regarding the Employer's customers, supplies, finances, research, development, manufacturing processes, or any other technical or business information.

8:2	The Employee agrees not to make any unauthorized copies of any of the Employer's business secrets or information without the Employer's consent, nor to remove any of the Employer's business secrets or information from the Employer's facilities.

9	PATENTS AND INVENTIONS

9:1	The Employee agrees to promptly furnish the Employer with a complete record of any inventions or patents which the Employee may create or devise during the employment with the Employer.

9:2	The Employee grants and assigns to the Employer all and entire rights and interest in any inventions and patents and all copyrights that result in any way from any work performed while employed by the Employer. 

9:3	The Employee agrees that she/he does not have any past employment agreements that might conflict with this assignment.

9:4	The Employee also agrees to sign and/or execute any further documents necessary to allow the Employer the rights, title or patent to any such inventions or creations.

10	NON-SOLICITATION

The Employee agrees that she/he will not solicit or approach any of the Employer's customer's, clients or suppliers upon the discharge of this Employment Agreement. The Employee recognizes the Employer's legitimate business interest in respect of the Employer's customer's, clients and suppliers and as such agrees that any breach of this Clause shall entitle the Employer to injunctive relief and/or liquidated damages and/or account of profits for any said breach, or otherwise.

11	EXECUTION

THE ABOVE TERMS ARE OFFERED BY THE EMPLOYER AND ACCEPTED BY THE EMPLOYEE AND EVIDENCED BY THE REQUISITE AND DULY AUTHORIZED SIGNATURES ON THE DATE WRITTEN BELOW. THIS AGREEMENT WILL ONLY BECOME BINDING WHEN CONDITION 2:1 IS SATISFIED

	Signed by ________________________		Signed by _________________________

		 	For the Board				                      	

	Name ____________________________		Name _____________________________
	       (for and on behalf of the Employer)		                       (the Employee)

	Date _____________________________		Date ______________________________