Unassociated Document


    Exhibit
10.10

    


    PRIVATE &
CONFIDENTIAL

    


    10 April
2009

    


    Mr
Kalaiselvan

    


    Dear Mr
Kalaiselvan,

    


    RE:  CONTRACT
OF  EMPLOYMENT AS CHIEF OPERATING OFFICER
(TECHNICAL)

    


    We are
pleased to offer you employment as Chief Operating Officer (Technical) on
contract basis, reporting to the Managing Director of the Company or any other
person designated by the Managing Director on the following terms and conditions
of employment:-

    


    
      	
              1.

            	
              PERIOD OF
      EMPLOYMENT

            


    

    


    Your
employment with the Company will be for a period of Two years commencing on 4th
May 2009 and expiring on 30th April
2011.  Thereafter, this contract may be reviewed at the sole
discretion of the Management and extended, if necessary.

    


    
      	
              2.

            	
              SALARY &
      BENEFITS

            


    

    


    You shall
be paid a basic monthly salary of RM15,000 and you will also be entitled to a
company provided hand phone with calls paid upto RM500 per month.

    


    You shall
be provided a Car Allowance of RM3,000 per month and a Housing Allowance of
RM2,000.

    


    
      	
              2.

            	
              INCREMENT AND
      BONUS

            


    

     

    Increment
and Bonus will be at the sole discretion of the Company.  Bonus, if
paid, will be based on individual performance and the Company’s
profitability.


     

    
      	
              4.

            	
              PROBATIONARY
      PERIOD

            


    

    


    You are
required to serve a probationary period of six (6) months, during which time the
Company will progressively assess your performance.  After successful
completion of your probationary period, you will be confirmed in your
appointment.

    


    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    
      	
              5.

            	
              DUTIES &
      RESPONSIBILITIES

            


    

    


    
      	
              5.1

            	
              You
      shall be required to perform such duties and responsibilities as may be
      assigned to you by the Company.  During the tenure of your
      employment, you shall devote your full time and attention to your duties
      and responsibilities with the Company and shall not directly or indirectly
      be engaged or concerned or interested in any other business of any kind
      whatsoever.

            


    

    


    
      	
              5.2

            	
              The
      Company may at its discretion assign such duties as it deems are consonant
      with the job for which you have been hired.  The Company
      reserves the right to add, delete or vary the duties assigned to you from
      time to time as deemed necessary.

            


    

     

    
      	
              5.3

            	
              You
      must comply with all terms, policies, procedures and practices of the
      Company as determined from time to time.  The Company reserves
      the right to vary its terms, policies, procedures and practices as it
      deems fit.  All fresh terms, policies, procedures and practices
      form an integral part of your employment contract from the date they are
      implemented. 

            


    

     

    
      	
              5.4

            	
              Place
      of work

            


    

     

    You will
be required to work at the premise of the Company in Kuantan,
Malaysia.  However, the Company reserves the right to transfer you to
any other location within the Country where the Company operates an office or
carries out its business. 

    


    
      	
              6.

            	
              WORKING
      HOURS

            


    

    


    
      	
              6.1

            	
              The schedule of normal
      working hours and working days is as
follows:-

            


    

     

    
      
        	
                Days

              	 
      	
                Working
      Hours

              	 
      	
                Lunch
      Hours

              
	
                Monday
      to Friday

              	 
      	
                8.00
      a.m. to 5.00p.m.

              	 
      	
                12.00p.m.
      to 1.00p.m.

              
	 
      	 
      	 
      	 
      	
                or

              
	 
      	 
      	 
      	 
      	
                1.00p.m.
      to 2.00p.m.

              
	
                Saturday
      (Alternate)

              	 
      	
                8.00
      a.m. to 12.00p.m.

              	 
      	
                N/A

              
	
                Sunday

              	 
      	
                Rest
      day

              	 
      	 
      


      

    

    


    
      	
              6.2

            	
              The
      Company reserves the right to change the working hours/rest day due to
      exigencies of its business operations.  Such changes may involve
      additional working hours in a week or working on
  shift.

            


    

     

    
      	
              6.3

            	
              Your
      job may require you to work more than the scheduled hours of work in a day
      or to work on your rest day or public holidays and you are expected to
      carry out such work.

            


    

     

    
      
        
        

      

      
        2

        
          

        

      

      
        
        

      

    

    


    
      	
              7.

            	
              NOTICE PERIOD FOR
      RESIGNATION

            


    

    


    
      	
              7.1

            	
              During
      the probationary period, you may resign from the Company by giving Seven
      (7) days written notice.  As a confirmed employee, you may
      resign from the Company by giving two (2) months’ written notice or two
      (2) months’ salary in-lieu of such
notice.

            


    

     

    
      	
              8.

            	
              TERMINATION OF
      EMPLOYMENT

            


    

    


    
      	
              8.1

            	
              During
      the probationary period, the Company may terminate your employment by
      giving seven (7) days notice in writing.  Upon confirmation, the
      Company may terminate your employment by giving two (2) months’ prior
      notice in writing or upon the payment of two (2) months’ salary in lieu of
      such notice.

            


    

    


    
      	
              8.2

            	
              The
      Company may terminate your employment without any notice, if you
      are:-

            


    

    


    
      	
            	
              a) 

            	
              Incapacitated
      or prevented by illness, injury, accident or any other circumstances
      control from discharging in full your duties for a period exceeding three
      (3) months.

            


    

    


    
      	
            	
              b) 

            	
              Found
      guilty of grave misconduct or willful neglect in the discharge of duties
      or having breached
      any term in this contract.

            


    

    


    
      	
            	
              c) 

            	
              Found
      to be a bankrupt.

            


    

    


    
      	
            	
              d) 

            	
              Found
      to be of unsound mind.

            


    

    


    
      	
            	
              e) 

            	
              Convicted
      of any serious criminal offence.

            


    

    


    
      	
            	
              f) 

            	
              Found
      to have a past criminal record.

            


    

    


    
      	
            	
              g) 

            	
              Found
      to have given incorrect or untrue information to the
    Company.

            


    

    


    
      	
            	
              h) 

            	
              Found
      to be a drug addict.

            


    

    


    The above
listing is not exhaustive but it is meant to serve as an indication
only.

    


    
      	
              9.

            	
              ANNUAL
      LEAVE

            


    

    


    
      	
              9.1

            	
              You
      are entitled to 21 working days of annual leave per year and this leave
      shall accrue proportionately on the completion of each month’s of
      service.   Annual leave has to be earned before it can be
      taken.

            


    

    


    
      	
              9.2

            	
              Annual
      leave will be taken at a time or times agreed with the
      Company.

            


    

    


    
      	
              10.

            	
              SICK
      LEAVE

            


    

    


    
      
        	
                10.1

              	
                The
      Company shall recognize a medical certificate issued by a medical
      practitioner or by a
      dental surgeon registered under the relevant laws of
      Malaysia.

              


      

    

     

    
      
        	
                10.2

              	
                You
      are entitled to paid sick leave and hospitalization leave.  The
      sick leave and hospitalization
      leave entitlement, in any one calendar year, is as
      follows:-

              


      

    

     

    
      
        
        

      

      
        3

        
          

        

      

      
        
        

      

    

     

    
      
        	
                Sick
      Leave Type

              	 
      	
                Sick
      Leave Entitlement

              
	
                Non-hospitalization

              	 
      	
                14
      days

              
	
                Hospitalization

              	 
      	
                60 days (inclusive of
      non-hospitalization leave)

              


      

    

    


    
      	
              10.3

            	
              When
      you are on sick leave, you are required to notify your immediate superior
      and in his/her absence, any other person designated by
      him.  Such notification must be made within 12 hours, failing
      which, you are deemed to be absent without leave and having breached your
      contract of service and may be liable for
  termination.

            


    

     

    
      	
              11.

            	
              PUBLIC
      HOLIDAYS

            


    

    


    
      	
              11.1

            	
              You
      will be entitled to 10 public holidays in a year as per the schedule
      applicable to you.

            


    

    


    
      
        	
                11.2

              	
                If
      you absent yourself from work without the prior permission of the Company
      on the day immediately preceding or succeeding a scheduled public holiday
      or any day substituted thereof, you shall not be entitled to any holiday
      pay unless you have a reasonable excuse for such an absence.

              


      

    

    


    
      	
              12.

            	
              MEDICAL
      BENEFITS

            


    

    


    
      	
              12.1

            	
              You will be entitled
      to medical benefits as per the Company’s Group Health Insurance Scheme
      which
      includes the
followings:

            


    

    


    
      	
            	
              a) 

            	
              General
      outpatient treatment, consultation, medicines and diagnostic tests by a
      registered medical practitioner.

            


    

    


    
      	
               
      

            	
              b)

            	
              Specialist
      outpatient treatment, consultation, medicines and diagnostic tests by a
      specialist upon referral by a general
  practitioner.

            


    

    


    
      	
              12.2

            	
              Notwithstanding
      the above, the Company reserves the right to exclude or revise the
      benefits as and when deem
necessary.

            


    

    


    
      	
              12.3

            	
              The
      Company will provide specialist medical treatment under its group medical
      insurance coverage, which exists from time to
  time.

            


    

    


    
      	
              13.

            	
              SOCIAL SECURITY
      ORGANISATION (SOCSO)

            


    

    


    Should
the Company be liable to pay SOCSO it shall make such payments as per the Social
Security Act.

    


    
      	
              14.

            	
              EMPLOYEE PROVIDENT
      FUND (EPF)

            


    

    


    The EPF
contribution rates of the Company and yourself shall be as per EPF Act, 1991 or
any statutory modifications thereto.

    


    
      	
              15.

            	
              CONFIDENTIALITY

            


    

    


    
      	
              15.1

            	
              It
      is an express condition of your employment that the contents of this
      letter are to remain a matter of the utmost confidentiality between you
      and the management at all times.  Any breach of
      this condition may render you liable for disciplinary action including
      dismissal.

            


    

    


    
      	
              15.2

            	
              You
      must during the employment and after termination of the employment for any
      reason:

            


    

     

    
      
        
        

      

      
        4

        
          

        

      

      
        
        

      

    

     

    
      	
            	
              (a)

            	
              take
      all precautions necessary to prevent disclosure of any of the confidential
      information to any unauthorised persons.  Such information
      includes those relating to trade
      secrets or trade connections, business activities of the Company and
      information relating
      to personnel matters;

            


    

    
      
        	
              	
                (b)

              	
                not
      use or attempt to use any of the confidential information in any manner
      which may injure or cause loss either directly or indirectly to the
      company or any party or
person.

              


      

    

     

    
      
        	
              	
                (c)

              	
                not
      disclose any confidential information to any person other than as directed
      by the Company;

              


      

    

    
      
        	
              	
                (d)

              	
                not
      use any confidential information for your own benefit or the benefit of
      any other person.

              


      

    

     

    
      	
              15.3

            	
              In
      consideration of the Remuneration, you must not during the operation of
      this Agreement and for a period of 3 years after termination, without the
      written permission of the company, either directly or indirectly be
      engaged or concerned or interested in any competing businesses in any
      jurisdiction. This will also apply to any new businesses the Company
      ventures into at any time during your employment with the
      Company.

            


    

     

    
      	
              16.

            	
              PRE-EMPLOYMENT MEDICAL
      CHECK UP

            


    

    


    Your
commencement of employment is subject to you successfully completing
pre-employment medical check up.  Please call the office to arrange
for an appointment.


    


    Please
indicate your acceptance by signing and returning the duplicate of this letter
to the Company within 1 week, failing which, this offer shall be deemed to be
withdrawn.

    


    Yours
sincerely,

    For MISSION BIOTECHNOLOGIES SDN
BHD

    


    
      
        	      
                /s/
      Swaminathan Mahalingam

              	 
      
	
                Swaminathan
      Mahalingam

              
	
                Managing
      Director

              


      

    

    
       

      
        

      

       

    

    I have
read and understood the contents of this letter and hereby agree to the offer as
detailed above.  I also agree to respect the confidentiality of this
letter.

    


    
      
        
          	
                  Name

                	
                  :

                	Kalaiselvan
      Somasundaram	 
      	
                  NRIC
      :

                	511121-71-5083	 
      
	 
      	 
      	 
      	 
      	 
      	 
      	 
      
	 
      	 
      	 
      	 
      	 
      	 
      	 
      
	
                  Signature

                	
                  :

                	/s/
      Kalaiselvan Somasundaram	 
      	 
      	 
      	 
      
	 
      	 
      	 
      	 
      	 
      	 
      	 
      
	 
      	 
      	 
      	 
      	 
      	 
      	 
      
	
                  Date

                	
                  :

                	4
      May 2009	 
      	 
      	 
      	 
      


        

      

    

    


    
      
        
        

      

      
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