Unassociated Document


    
      
        
          
            


            EMPLOYMENT
              AGREEMENT

            


            


            This
              Employment Agreement (this "Agreement") is made effective as of January
              08,
              2007, by and between Cavico Corp ("Cavico"), of 17011 Beach Blvd, Suite
              1230,
              Huntington Beach, California, 92647 and Ha Quang Bui ("Ha").

            


            A.
              Cavico
              is engaged in the business of Construction.Ha will primarily perform
              the job
              duties at the following location: 17011 Beach Blvd, Suite 1230, Huntington
              Beach, California.

            


            B.
              Cavico
              desires to have the services of Ha.

            


            C.
              Ha is
              willing to be employed by Cavico.

            


            Therefore,
              the parties agree as follows:

            


            1.
              EMPLOYMENT.
              Cavico
              shall employ Ha as a(n) CEO. Ha shall provide to Cavico the services
              described
              on the attached Exhibit A, which is made a part of this Agreement by
              this
              reference. Ha accepts and agrees to such employment, and agrees to
              be subject to
              the general supervision, advice and direction of Cavico and Cavico's
              supervisory
              personnel.Ha shall also perform (i) such other duties as are customarily
              performed by an employee in a similar position, and (ii) such other
              and
              unrelated services and duties as may be assigned to Ha from time to
              time by
              Cavico. 

            


            2.
              BEST EFFORTS OF EMPLOYEE.
              Ha
              agrees to perform faithfully, industriously, and to the best of Ha's
              ability,
              experience, and talents, all of the duties that may be required by
              the express
              and implicit terms of this Agreement, to the reasonable satisfaction
              of Cavico.
              Such duties shall be provided at such place(s) as the needs, business,
              or
              opportunities of Cavico may require from time to time. 

            


            3.
              COMPENSATION OF EMPLOYEE.
              As
              compensation for the services provided by Ha under this Agreement,
              Cavico will
              pay Ha an annual salary of $ 70000 payable monthly on the first day
              of each
              month. Upon termination of this Agreement, payments under this paragraph
              shall
              cease; provided, however, that Ha shall be entitled to payments for
              periods or
              partial periods that occurred prior to the date of termination and
              for which Ha
              has not yet been paid, and for any commission earned in accordance
              with Cavico's
              customary procedures, if applicable. Accrued vacation will be paid
              in accordance
              with state law and Cavico's customary procedures. This section of the
              Agreement
              is included only for accounting and payroll purposes and should not
              be construed
              as establishing a minimum or definite term of employment. 

            


            4.
              EXPENSE REIMBURSEMENT. Cavico
              will reimburse Ha for "out-of-pocket" expenses incurred by Ha in accordance
              with
              Cavico's policies in effect from time to time. 

             

            
              
                
                

              

              
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            5.
              RECOMMENDATIONS FOR IMPROVING OPERATIONS.
              Ha shall
              provide Cavico with all information, suggestions, and recommendations
              regarding
              Cavico's business, of which Ha has knowledge, that will be of benefit
              to
              Cavico.

            


            6.
              CONFIDENTIALITY.
              Ha
              recognizes that Cavico has and will have information regarding the
              following:

            -
              inventions

            -
              products

            -
              product
              design

            -
              processes

            -
              technical matters

            -
              trade
              secrets

            -
              copyrights

            -
              customer lists

            -
              prices

            -
              costs

            -
              discounts

            -
              business affairs

            -
              future
              plans

            and
              other
              vital information items (collectively, "Information") which are valuable,
              special and unique assets of Cavico. Ha agrees that Ha will not at
              any time or
              in any manner, either directly or indirectly, divulge, disclose, or
              communicate
              any Information to any third party without the prior written consent
              of Cavico.
              Ha will protect the Information and treat it as strictly confidential.
              A
              violation by Ha of this paragraph shall be a material violation of
              this
              Agreement and will justify legal and/or equitable relief. 

            


            7. UNAUTHORIZED
              DISCLOSURE OF INFORMATION.
              If it
              appears that Ha has disclosed (or has threatened to disclose) Information
              in
              violation of this Agreement, Cavico shall be entitled to an injunction
              to
              restrain Ha from disclosing, in whole or in part, such Information,
              or from
              providing any services to any party to whom such Information has been
              disclosed
              or may be disclosed. Cavico shall not be prohibited by this provision
              from
              pursuing other remedies, including a claim for losses and damages.


            


            8. CONFIDENTIALITY
              AFTER TERMINATION OF EMPLOYMENT.
              The
              confidentiality provisions of this Agreement shall remain in full force
              and
              effect for a 1 year period after the termination of Ha's employment.
              During such
              1 year period, neither party shall make or permit the making of any
              public
              announcement or statement of any kind that Ha was formerly employed
              by or
              connected with Cavico. 

            


            


            9.
              VACATION.
              Ha shall
              be entitled to 14 of paid vacation for each completed year of employment.
              Such
              vacation must be taken at a time mutually convenient to Cavico and
              Ha, and must
              be approved by Cavico. Requests for vacation shall be submitted to
              Ha's
              immediate supervisor 14 days in advance of the requested beginning
              date.


            


            The
              provisions of this Vacation section are subject to change in accordance
              with
              Cavico policies in effect from time to time.

             

            
              
                
                

              

              
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            10.
              SICK LEAVE. Ha
              shall
              be entitled to 6 day(s) paid time, due to illness or for personal business,
              for
              each year of employment, with the year to be measured using Ha's starting
              date
              as the point of beginning. Unused sick leave benefits as of December
              31 of each
              year may be converted into cash compensation at a rate of $25.00 per
              hour. Sick
              leave may be accumulated from year to year up to a total of 6 days;
              excess
              amounts shall be forfeited. 

            


            All
              requests for sick days off shall be made by Ha in accordance with Cavico
              policies in effect from time to time. 

            


            The
              provisions of this Sick Leave section are subject to change in accordance
              with
              Cavico policies in effect from time to time.

            


            11.
              PERSONAL LEAVE. Ha
              shall
              be entitled to 6 day(s) unpaid time, for personal business or due to
              illness,
              for each year of employment, with the year to be measured using Ha's
              starting
              date as the point of beginning. Personal leave benefits may not be
              converted
              into cash compensation. Ha's rights to unused personal leave benefits
              shall be
              forfeited upon termination of employment. Personal leave may not be
              accumulated
              from year to year; unused benefits shall be forfeited. 

            


            All
              requests for personal days off shall be made by Ha in accordance with
              Cavico
              policies in effect from time to time.

            


            The
              provisions of this Personal Leave section are subject to change in
              accordance
              with Cavico policies in effect from time to time.

            


            12.
              HOLIDAYS. Ha
              shall
              be entitled to the following holidays with pay during each calendar
              year:


            -
              New
              Year's Day

            -
              Memorial Day

            -
              4th of
              July

            -
              Labor
              Day

            -
              Thanksgiving Day

            -
              Christmas Day

            


            The
              provisions of this Holidays section are subject to change in accordance
              with
              Cavico policies in effect from time to time.

            


            13.
              INSURANCE BENEFITS.
              Ha shall
              be entitled to insurance benefits, in accordance with Cavico's applicable
              insurance contract(s) and policies, and applicable state law. These
              benefits
              shall include:

            -
              health
              insurance

            -
              disability insurance

            -
              life
              insurance

            


            The
              provisions of this Insurance Benefits section are subject to change
              in
              accordance with Cavico policies in effect from time to time.

            


            Ha
              shall
              be able to participate in Cavico's pension plan in accordance with
              the plan's
              terms and the requirements of law. 

             

            
              
                
                

              

              
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            14.
              TERM/TERMINATION.
              Ha's
              employment under this Agreement shall be for an unspecified term on
              an "at will"
              basis. This Agreement may be terminated by Cavico upon 30 days written
              notice,
              and by Ha upon 30 days written notice. If Ha is in violation of this
              Agreement,
              Cavico may terminate employment without notice and with compensation
              to Ha only
              to the date of such termination. The compensation paid under this Agreement
              shall be Ha's exclusive remedy. 

            


            15.
              TERMINATION FOR DISABILITY.
              Cavico
              shall have the option to terminate this Agreement, if Ha becomes permanently
              disabled and is no longer able to perform the essential functions of
              the
              position with reasonable accommodation. Cavico shall exercise this
              option by
              giving 30 days written notice to Ha.

            


            16.
              COMPLIANCE WITH EMPLOYER'S RULES.
              Ha
              agrees to comply with all of the rules and regulations of Cavico.

            


            17.
              RETURN OF PROPERTY. Upon
              termination of this Agreement, Ha shall deliver to Cavico all property
              which is
              Cavico's property or related to Cavico's business (including keys,
              records,
              notes, data, memoranda, models, and equipment) that is in Ha's possession
              or
              under Ha's control. Such obligation shall be governed by any separate
              confidentiality or proprietary rights agreement signed by Ha.

            


            18.
              NOTICES. All
              notices required or permitted under this Agreement shall be in writing
              and shall
              be deemed delivered when delivered in person or on the third day after
              being
              deposited in the United States mail, postage paid, addressed as
              follows:

            


            


            Employer:

            


            Cavico
              Corp

            Thanh
              Binh Huynh

            Director,
              Head of Compensation Committe

            17011
              Beach Blvd, Suite 1230

            Hatington
              Beach, California 92647 

            


            Employee:

            


            Ha
              Quang
              Bui

            


            Such
              addresses may be changed from time to time by either party by providing
              written
              notice in the manner set forth above.

            


            19.
              ENTIRE AGREEMENT. This
              Agreement contains the entire agreement of the parties and there are
              no other
              promises or conditions in any other agreement whether oral or written.
              This
              Agreement supersedes any prior written or oral agreements between the
              parties.

            


            20.
              AMENDMENT. This
              Agreement may be modified or amended, if the amendment is made in writing
              and is
              signed by both parties.

             

            
              
                
                

              

              
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            21.
              SEVERABILITY. If
              any
              provisions of this Agreement shall be held to be invalid or unenforceable
              for
              any reason, the remaining provisions shall continue to be valid and
              enforceable.
              If a court finds that any provision of this Agreement is invalid or
              unenforceable, but that by limiting such provision it would become
              valid or
              enforceable, then such provision shall be deemed to be written, construed,
              and
              enforced as so limited.

            


            22.
              WAIVER OF CONTRACTUAL RIGHT. The
              failure of either party to enforce any provision of this Agreement
              shall not be
              construed as a waiver or limitation of that party's right to subsequently
              enforce and compel strict compliance with every provision of this
              Agreement.

            


            23.
              APPLICABLE LAW. This
              Agreement shall be governed by the laws of the State of California.

            


            


            EMPLOYER:

            Cavico
              Corp

          

        

      

      


      

        
          	
                  By: 
                    

                	
                  
                        
                      

                  

                	 	
                  Date: 

                	
                    


                	 
	
                   

                	
                  Thanh
                    Binh Huynh

                	 	 	 	 
	
                   

                	
                  Director,
                    Head of Compensation Committe

                	 	 	 	 


        

      

      


      


      AGREED
        TO AND ACCEPTED.

      


      EMPLOYEE:

       

      
        

          
            	
                    
                      /s/
                        Ha
                        Quang Bui

                    

                  	 	
                    Date: 

                  	
                        


                  	 
	
                    
                      Ha
                        Quang Bui

                    

                  	 	 	 	 


          

        

         

        
          
            
            

          

          
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