Company: JL
Filing Date: 2025-04-03
Form Type: 20-F/A
Source: 0001213900-25-028675
Chunk: 119

Company: J-Long Group Ltd
Filing Date: 2025-04-03
Form: 20-F/A
Chunk 119
---
 officer may terminate his employment at any time with one month’s advance written notice or by payment of one month’s salary in lieu of notice, and may resign at any time if his resignation is approved by the Board. Each executive officer has agreed to hold, at all times during and after the termination or expiry of his employment agreement, in strict confidence and not to use, except for the benefit of the Company, or to disclose to any person, corporation or other entity without the written consent of the Company, any of our confidential information, or the confidential or proprietary information disclosed to the executive officer by or obtained by the executive officer from us either directly or indirectly in writing, orally, or otherwise, if specifically indicated to be confidential or reasonably expected to be confidential. Employment Agreement with Mr. Danny Wong.We entered into an employment agreement with Mr. Danny Wong, our Chairman of the Board of Directors, dated July 22, 2024 (the “Chairman Employment Agreement”). The Chairman Employment Agreement provides for a base monthly salary of HK$500,000 and bonuses at the discretion of the Board. Under the Chairman Employment Agreement, Mr. Danny Wong is eligible for participation in any standard employee benefit plan of the Company that currently exists or may be adopted by the Company in the future, including, but not limited to, any retirement plan, life insurance plan, health insurance plan, travel/holiday plan and share incentive plan, if one is adopted and maintained by the Company. Employment Agreement with Mr. Edwin Wong.We entered into an employment agreement with Mr. Edwin Wong, our Chief Executive Officer, dated July 22, 2024 (the “CEO Employment Agreement”). The CEO Employment Agreement provides for a base monthly salary of HK$400,000 and bonuses at the discretion of the Board. Under the CEO Employment Agreement, Mr. Edwin Wong is eligible for participation in any standard employee benefit plan of the Company that currently exists or may be adopted by the Company in the future, including, but not limited to, any retirement plan, life insurance plan, health insurance plan, travel/holiday plan and share incentive plan, if one is adopted and maintained by the Company. Copies of the CEO Employment Agreement and the Chairman Employment Agreement have been filed as Exhibits 4.17 and 4.18, respectively, to this Annual Report. Independent Director Agreements We have also entered into agreements with all of our independent directors whereby Messrs. Stephen Kan and Nathaniel Chan’s service began on December 29, 2023 and Ms. Alice Pun’s service