PRIVATE & CONFIDENTIAL
 
  Re : Employment Contract
  Title
    
    :
    
    PresidentBy entering into this Employment Contract, you
hereby agree to perform diligently and faithfully
all the job duties assigned to you from time to
time by the board of directors of the Company and
to be ultimately responsible to the Company.Job Description
    
    :
    
    You shall carry out your duties as President of
the Company and are responsible for minor job
duties such as time deposits, insurance, health
care program and golf club membership arrangement
for the whole Group. Your jobs should be carried
out mainly in the Peoples Republic of China
(PRC) on site, to be in charge of all internal
control, direct management of all Financial
Controllers, handling all finance and
administration matters, including in Wuxi and
Shenzhen. Due to your age and health, so the
Company will also maintain an office in Hong Kong
for you. You shall only make commitments or
incur liabilities on behalf of the Company as
duly authorized.In consideration of your service to the Company, the Company shall
indemnify you against any costs, expenses and other liabilities to
which you may become subject by reason of your service to the
Company.Commencement Date
    
    :
    
    October 1, 2010 (i.e. commencement date of this Employment Contract).Basic Annual Salary
    
    :
    
    HK$6,600,000 (i.e. HK$550,000 x 12 months)
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Annual Bonus
    
    :
    
    You will be entitled to an annual bonus being 1.5 months of your monthly salary. This bonus
shall be paid only if you remain as an employee of the Company, normally in February of the
following financial year and is subject to the final decision of the Company. Furthermore, it
shall be paid only on a pro rata basis if you work less than a full year of service.Benefits
    
    :
    
    You shall be entitled to the same benefits as other members of the senior management enjoy
as provided in the Employment Handbook of the Company (the Employment Handbook) or in
accordance with the policies of the Company. The Company shall also reimburse you for any
reasonable miscellaneous expenses, i.e. entertainment expenses.Annual Leave
    
    :
    
    You will be entitled to 20 working days of annual leave or the number of days according to
the relevant provisions set out in the Employment Handbook of the Company. All annual leave
which has not been taken will be forfeited and no payment in lieu thereof will be made to you.Office/Secondment
    
    :
    
    Your office shall be in Hong Kong, PRC but actually you are required to work mainly in
Namtai Electronic (Shenzhen) Co., Ltd., a wholly owned subsidiary of the Company in Shenzhen,
PRC or maybe in different secondment companies situated in different cities as the Company may
direct from time to time and you shall not without reasonable excuse object to such directions
given by the Company or such secondment Companies.Confidentiality
    
    :
    
    You shall protect and keep confidential all the Companys business information and
technical information and rights, whether written or non-written, and shall not (except as
authorized by the Company) during or after the termination of employment for whatever reason
disclose to any person, firm or company whatsoever or otherwise make use of any of the
confidential or secret information, trade secrets or operations, processes, dealings with
customers or suppliers, inventions, designs, copyrights, know-how or any other information
concerning the organization, business, finance, transactions, trade connections, suppliers,
agents, distributors or customers or affairs of the Company which may come to your knowledge
and shall use your best endeavours to prevent the unauthorized publication or disclosure of any
such confidential or secret information.
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You shall keep in complete secrecy all confidential information entrusted to you in the
course of employment and shall not use or attempt to use any such information in any manner
whether for your own benefit or otherwise or which may or may likely injure or cause loss
either directly or indirectly to the Company or their customers and clients or their business.You shall keep the Company fully indemnified of all the losses and damages of the Company
arising from your default of the confidentiality obligation.Personal Income Tax
    
    :
    
    You shall be wholly responsible for your own personal income tax in accordance with the
applicable tax laws in the country where you are assigned to work and in whatever
jurisdictions. Neither the Company shall be responsible for any of your personal income tax
matters. We hereby reserve the right to withhold any part or whole of your salary if the
relevant local tax authority imposes on the Company the liability to pay your income tax.Intellectual Property
    
    :
    
    In consideration of the Basic Annual Salary and any other benefits to which you are
entitled under this Employment Contract, you agree with the Company that :-
 (i)
    
    any design, trade name, trade mark, service mark, copyright,
invention or improvement that you may conceive, make, invent,
discover or suggest at any time during the period of your
employment under this Employment Contract, whether during or
outside business hours, whether alone or in conjunction with
any employees of the Company, which may be connected in any
way with your employment or with knowledge or information
acquired by you in your employment or with work or tests
carried out by the Company or with goods of a type made or
sold or with services provided by the Company, and whether
such design, trade name, trade mark, service mark, copyright,
invention or improvement are registrable, patentable or
afforded other similar protection or not, shall fully and
freely and immediately be communicated by you to the Company
and shall belong to and be the Companys absolute property,
and, save as is necessary to comply with any of the Companys
requirements under the following paragraph, you shall not at
any
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time, whether during your employment hereunder or after
its cessation, apply for any letters patent,
registration, copyright or other form of protection
whatsoever in any jurisdiction for any such design, trade
name, trade mark, service mark, copyright, invention or
improvement;(ii)
    
    you shall assign to the
Company any right you may have to a grant of letters patent,
registration, copyright or any other form of protection
whatsoever in any jurisdiction in respect of such design,
trade name, trade mark, service mark, copyright, invention or
improvement and you shall at any time, whether during your
employment or after its cessation, at the request of the
Company, execute all documents and do all acts and things at
the cost of the Company as the Company may request in
connection with the obtaining of letters patent,
registration, copyright or any other form of protection in
any jurisdiction for such design, trade name, trade mark,
service mark, copyright, invention or improvement as
aforesaid and the vesting of same in the Company or in such
other persons as the Company may specify for its exclusive
benefit, or in connection with any litigation or controversy
relating to the same.
 Termination
    
    :
    
    Except for the situation that you have committed a criminal act, should the Company terminate your
employment or this Employment Contract under any circumstance, the Company shall compensate you
with an amount which is equal to 36 months of your basic monthly salary, all bonuses and
allowances and so on that you are entitled at the time of termination.Should you personally wish to terminate your employment with the Company or this Employment
Contract, you may do so by giving the Company 1 years (i.e. 12 months) prior notice in writing
of such termination. However, should you suffer from illness or other health conditions which
results in loss of working capacity, you may at any time terminate your employment with the
Company or this Employment Contract immediately.Agreement Voluntary 
Equitable
    
    :
    
    You and the Company acknowledge and declare that in
executing this Employment Contract both parties are relying wholly on
their own judgment and knowledge and have not been influenced to any extent whatsoever
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by any representations or statements made by or on behalf of the
other party regarding any matters dealt with herein or incidental
thereto.You and the Company further acknowledge and declare that both
parties have carefully considered and understand the terms of
employment contained in this Employment Contract including, but
without limiting the generality of the foregoing, your rights upon
termination and the restrictions after termination, and
acknowledge and agree that the said terms of employment and
restrictions upon termination are mutually fair and equitable, and
that both parties executed this Employment Contract voluntarily
and of own free will.Independent Advice
    
    :
    
    You are entitled to obtain independent legal
advice before signing this Employment Contract
and you represent, by signing this Employment
Contract, that you have either obtained such
advice or declined the opportunity to do so.Severability
    
    :
    
    If at any time any provision of this
Employment Contract is or becomes illegal,
invalid or unenforceable in any respect, the
legality, validity and enforceability of the
remaining provisions of this Employment
Contract shall not be affected or impaired
thereby and the remaining provisions shall
continue in full force and effect. This
Employment Contract should also supersede all
prior written and/or verbal agreements of the
parties with respect to the employment terms
and conditions set forth herein except as
otherwise expressly provided herein.Governing Law
    
    :
    
    The provision of this Employment Contract
shall be governed by and interpreted in
accordance with the laws of Hong Kong, PRC and
each of the parties hereto by the execution of
this Employment Contract irrevocably submits
to the exclusive jurisdiction of the courts of
Hong Kong, PRC.
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Yours sincerely,For and on behalf ofthe board of directors of
    
    Agreed and accepted by:-Nam Tai Electronic &Electrical Products Limited
 /s/ Colin Yeoh
    
    /s/ Koo Ming KownColin Yeoh
    
    Koo Ming KownDirector
    
    Canadian Passport No.: BA672809
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