Unassociated Document


    Exhibit
10.1

     

    WUHAN
GENERAL GROUP (CHINA) INC.

    Canglongdao
Science Park of Wuhan East Lake Hi-Tech Development Zone

    Wuhan,
Hubei 430200

    People’s
Republic of China

    


    April 23,
2010

    


    Mr.
Ruilong Qi

    Canglongdao
Science Park

    of Wuhan
East Lake Hi-Tech Development Zone

    Wuhan,
Hubei 430200

    People’s
Republic of China

    


    Dear Mr.
Qi

    


    Wuhan
General Group (China) Inc. (the “Company”) is pleased to offer you the position
of Chief Executive Officer (“CEO”) with the Company.  Your employment
with the Company is subject to the following terms and conditions:

     

    
      	
               
      

            	
              1.

            	
              Commencement
      Date is  April 23, 2010;

            


    

    
      	
               
      

            	
              2.

            	
              Your
      monthly salary shall be USD10,000.00, and all reasonable out-of-pocket
      expenses (including entertainment and travel expenses) incurred by you can
      be reimbursed after submission of receipts and proper
      approval;

            


    

    
      	
               
      

            	
              3.

            	
              You
      will be entitled to 21 days annual leave in respect of each period of 12
      consecutive months’ service with the
Company.

            


    

    


    The
Company is also pleased to inform you that you will be entitled to the benefits
(including any discretionary management bonus to be decided) that the Company
customarily makes available to employees in positions comparable to yours and it
will be recommended to the Board of Directors (the “Board”) that you will be
granted an option for the purchase of shares of the Company’s Common Stock from
time to time in sole discretion of the Board or a committee
thereof.

    


    The
Company requests that a departing employee refrain from using or disclosing the
Company’s confidential information in any manner which might be detrimental to
or conflict with the business interests of the Company or its employees. This
Agreement does not prevent a former employee from using his or her general
knowledge and experience-no matter when or how gained-in any new field or
position.

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    


    We hope
that you and the Company will find mutual satisfaction with your employment. All
of us at the Company are very excited about your joining our team and look
forward to a beneficial and fruitful relationship. Nevertheless, employees have
the right to terminate their employment by giving the Company three months prior
notice with or without cause or notice, and the Company reserves for itself an
equal right. We both agree that any dispute arising with respect to your
employment, the termination of that employment, or a breach of any covenant of
good faith and fair dealing related to your employment, shall be conclusively
settled by final and binding court in PR China.

    


    This
letter contains the entire agreement with respect to your employment. The terms
of this offer may only be changed by written agreement, although the Company may
from time to time, in its sole discretion, adjust the salaries and benefits paid
to you and its other employees. Should you have any questions with regard to any
of the items indicated above, please call me. Kindly indicate your consent to
this employment agreement by signing and returning a copy of this letter to
me.

    


    Your
starting date for commencement of employment will be April 23, 2010, unless
otherwise mutually agreed in writing.

    


    


    


    Very
truly yours,

    


    


    By:  /s/ Xu
Jie                                                                             

    Name:  Mr.
Xu Jie

    Title:  President
and CEO

    


    


    ACCEPTED:

    


    


      /s/ Ruilong
Qi                                                                           

    Mr.
Ruilong Qi