Exhibit 4.8


 


English translation


 


Full Time Employment Contract


 


	Party A (Employer)	 	 
	 	 	 
	Name of Employer:	 	ReneSola Jiangsu Ltd.
	 	 	 
	Address of Employer:	 	No. 27 Qingyuan Avenue (East), Yixing Economic & Technological Development Zone
	 	 	 
	Type of Enterprise Registered with Administration for Industry and Commerce:	 	Limited Liability Company
	 	 	 
	Legal Representative or Main Responsible Person:	 	Li Xianshou
	 	 	 
	Contact Telephone No.	 	0510-87120518
	 	 	 
	Party B (Employee)	 	 
	 	 	 
	Name:	 	 
	 	 	 
	Sex:	 	 
	 	 	 
	Date of Birth:	 	 
	 	 	 
	Education Degree:	 	 
	 	 	 
	Place of Registered Residence:	 	 
	 	 	 
	Place of Current Residence:	 	 
	 	 	 
	ID Card No.:	 	 
	 	 	 
	Social Security No.:	 	 
	 	 	 
	Employment Registration Certificate No.:	 	 
	 	 	 
	Contact Telephone No.:	 	 


 




    	 



    	 



    

 


In accordance with the
Labor Law of the People’s Republic of China and the relevant laws and regulations, and based on the principles of
legality, fairness, equality and free will, this Contract is made and entered into by and between Party A and Party B through mutual
consultation in good faith.


 


		Article 1	Term of Contract



 


Party A and Party B agree
to determine the term of this Contract as set out in                        
below:


 


(1)         An
employment contract with a fixed term that commences from                   
and expires on ______________;


 


(2)         An
employment contract with an indefinite term that commences from the date of _____;


 


(3)         An
employment contract with a term that expires upon the completion of the assignment of _______, i.e. commencing from the date of
______ and expiring on the completion date of such assignment (no probation period in this case).


 


In case of any probation
period, the probation period shall start on                
and expire on              (for employment contracts with
a term longer than 3 months but shorter than 1 year, the probation period shall not exceed 1 month; for employment contracts with
a term longer than 1 year but shorter than 3 years, the probation period shall not exceed 2 months; for employment contracts with
a fixed term longer than 3 years or with an indefinite term, the probation period shall not exceed 6 months). The probation period
shall be counted into the term of the employment contract.


 


		Article 2	Description of Job Responsibilities
and Location



 


(1)         Pursuant
to Party A’s requirements, Party B shall take up the position (type of work) of                        
and perform the job responsibilities in                        .
In case that Party A changes Party B’s job responsibilities or location, this Contract shall be amended by both parties through
mutual consultation.


 


(2)         Party
A’s requirements for Party B’s work shall comply with Party A’s rules and policies that have been formulated
and publicized in accordance with law. Party B shall perform his job responsibilities in accordance with assignment as required
by Party A, and shall complete his work as scheduled and as required for quantity and quality.


 


		Article 3	Working Hours, Rest and
Leave



 


(1)         In
accordance with the relevant national laws and regulations, taking into consideration the characteristics and reality of
Party A’s production and operation, both parties agree to adopt the working hour system set out in ________
below.


 


1. Standard working hour system;


 


2. Piecework system;


 


3. Working system of calculating working hours
in a comprehensive way (subject to approval from the labor and social security authority);


 


4. Working system of flexible working hours
(subject to approval from the labor and social security authority).


 




    	 



    	 



    

 


Where the standard working
hour system or the piecework system is adopted, Party B’s working hours as assigned by Party A shall not exceed 8 hours a
day or an average of 40 hours a week. Party A shall ensure that Party B has a rest for at least one day every week. If extended
working hours are required to meet work requirements, the working hours may be extended by no more than 1 hour a day after Party
A consults with the union and Party B. If extended working hours are required for special reasons, subject to Party B’s health
conditions, the working hours may be extended by no more than 3 hours a day, or 36 hours a month. Where the working system of calculating
working hours in a comprehensive way is adopted, the average working hours a day or a week shall be substantially the same as the
statuary standard working hours. Where the working system of flexible working hours is adopted, Party B shall have the discretion
to arrange his own work, rest and leave.


 


(2)         Party
A shall control the frequency of overtime work in strict compliance with the statuary working hours to secure Party B’s rest
and protect his physical and mental health. Where Party B’s overtime work is required to meet work requirements, Party A
shall consult with and obtain consent from the union and Party B, and provide Party B with time in-lieu or payment for the overtime
work in accordance with law.


 


		Article 4	Remuneration



 


(1)         Party
A shall pay salary to Party B at least once a month in monetary form, and shall not delay or make deduction from the payment (including
the salary for overtime work) without a proper reason.


 


(2)         Subject
to the normal completion of work by Party B within the statutory working hours (including the probation period), Party B’s
salary shall be RMB ____ per month [Refer to Salary Notice] (such amount of salary paid by Party A to Party B shall not
fall below the local minimum wage level).


 


(3)         Party
A acknowledges that the payroll date shall be the 10th - 15th day of each month, and shall provide Party B with a payroll
list for his signing and confirmation.


 


(4)         Party
A shall reasonably increase Party B’s salary by taking into account the enterprise performance and the salary guideline
and guiding level as announced by the municipal government. Party B’s salary increase shall be determined in the way as
set out in_____(1. Agreement on Collective Consultation on Salary; 2. Internal Measures for Normal Salary Increase).


 


		Article 5	Social Insurance



 


(1)         Both
parties shall participate in the social insurance system in accordance with law, and pay all types of social insurance premium
in full amount and in a timely manner. The portion required to be paid by Party B in accordance with law shall be withheld from
Party B’s salary by Party A.


 


(2)         Party
A shall publicize the payment of social insurance premium that is paid for Party B. Party B shall be entitled to make inquires
about the payment of all types of social insurance premium with Party A, for which Party A shall provide assistance.


 


(3)         In
case that any work-related accident occurs to Party B, Party A shall be responsible for medical treatment in a timely manner, and
shall file an application for work-related injury evaluation with the labor and social security authority within the required timeframe.
Party A shall also proceed with the assessment of working ability for Party B, and perform other requisite obligations to facilitate
Party B’s access to treatment granted for work-related injuries.


 




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		Article 6	Labor Protection, Working
Conditions and Protection against Occupational Hazard



 


(1)         Party
A shall provide Party B with the safety and sanitary working conditions and the necessary articles of labor protection in compliance
with the national requirements, and shall arrange health check for Party B as required.


 


(2)         Party
A shall provide female or juvenile employees with protection as prescribed by the relevant national laws and regulations on special
protection for female or juvenile employees.


 


(3)         Party
A shall perform the obligation of honestly informing Party B if his position may cause the hazard of occupational disease, and
provide Party B with appropriate labor security and sanitation trainings to prevent accidents during the work and to minimize such
occupational hazard.


 


(4)         Party
B shall strictly follow the procedures for safe operation during his work. Party B shall be entitled to reject to perform any instructions
from Party A’s management personnel that violate the laws and regulations or any orders to perform high risk tasks.


 


		Article 7	Party A’s Rules
and Policies



 


The rules and policies
formulated by Party A shall be in compliance with the provisions of laws, regulations and policies and implemented through democratic
procedures. Party A shall publicize or advise Party B of such rules and policies, which Party B shall comply with.


 


		Article 8	Terms through Consultation
(invalid if against national laws or regulations)



 


Party A and Party B agree
to abide by the terms of the following  (1), (2) and (3) through consultation.


 


(1)         In
case that Party B’s work involves the trade secrets of Party A, Party A shall consult with Party B and reach agreement on
the terms of confidentiality of trade secrets or non-compete in advance, which shall be specified in the employment contract or
a separate agreement on confidentiality of trade secrets.


 


(2)         In
case that Party A provides special training funds to give professional technical trainings for Party B, and requires Party B to
perform a specific service term, both parties shall enter into an agreement on such service term to clarify the rights and obligations
of each party.


 


(3)         Other
matters to be agreed upon by both parties: the remuneration paid to Party B by Party A includes: basic salary, performance-based
salary, allowance for mid-shift and night-shift work, overtime fees (calculated based on the basic salary), etc.; the pension paid
by the corporation to the employee, the personal income tax, social insurance and provident fund (personal portion) deducted by
Party A and paid on behalf of Party B are not included.


 


		Article 9	Release and Termination
of Employment Contract



 


The employment contract
shall be released and terminated pursuant to the provisions of relevant laws and regulations.


 




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		Article 10	Default Liabilities for
Breaching Employment Contract



 


(1)         The
employment contract shall be legally binding once it is entered into by and between both parties in accordance with law. If either
party releases or terminates the employment contract in breach of the provisions of this Contract and incurs losses to the other
party, the defaulting party shall be liable for compensating for such losses.


 


(2)         Either
Party A or Party B shall be liable for a default penalty of RMB ________ for its breach of contract (in case of employee,
only limited to two situations: (a) breach of agreement on service term, and (b) breach of agreement on non-compete).


 


		Article 11	Resolution of Labor Dispute



 


Any labor dispute arising
from the performance of this Contract between Party A and Party B may be resolved through consultation. In case that either party
is unwilling to consult or that consultation is to no avail, such dispute may be referred to the labor dispute mediation committee
of Party A for meditation. In case that meditation is to no avail, such dispute may be referred to the labor dispute arbitration
commission for arbitration. Party A and Party B may also, according to the laws, submit the dispute to the labor dispute arbitration
commission for arbitration. The party refusing to accept the arbitral award may proceed in accordance with the statutory procedures.


 


		Article 12	Miscellaneous



 


(1)         This
Contract is executed in duplicate, with Party A and Party B each holding one copy. (The Employer shall file this contract and other
employment information with the local labor and social security department in a timely manner.)


 


(2)         Any
matter not covered hereunder shall be subject to the relevant provisions of the national laws and regulations, or resolved by both
parties through consultation on an equal basis absent relevant national provisions.


 


(3)         Upon
the release or termination of this Contract, the employer shall simultaneously issue a certificate for such release or termination,
and complete the transfer procedures for the employee’s archived files and social insurance account within fifteen days;
the employee shall complete the handover procedures as agreed by both parties.


 


	Party A (Stamp): 	 	Party B (Signature): 
	 	 	 
	Legal Representative (Signature): 	 	 
	 	 	 
	Or Authorized Representative (Signature):	 	 
	 	 	 
	Date: 	 	Date: 


 




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Agreement on Amendment
to Employment Contract


 


Both parties agree on the
following amendment to the employment contract through consultation:


 


	 
	 
	 
	 
	 
	 


 


	

 Party A (Stamp):	Party B (Signature): 
	 	 
	Legal Representative (Signature): 	 
	 	 
	Or Authorized Representative (Signature):	 
	 	 
	Date:	Date:


 




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