Employment
of Retired Person (and outgone) or Leaving Employee

    


    Employment
Agreement

     

    Employment
Unit (Seal): Dalian Rino Environmental Engineering Technology Co.,
Ltd.

     

    Legal
Representative (Seal): Dejun Zhou

     

    Employee
( signature and seal): Li Yu

     

    ID
number: 210204195902013061

     

    Date of
Signature          February
21, 2010

    


    Certification
Unit (Seal):

     

    Certification
Date (Seal):


    
      
         


      

      
         


        
          

        

      

      
         


      

    

    


    Formed by
the Labor Department of Dalian

    


    Upon
negotiation between employment unit (Party A) and employee (Party B), the
following terms are agreed upon and shall be followed:

    


    
      	
               
      

            	
              1.

            	
              Party
      A engages Party B for the position of accounting manager from February 28,
      2010 to February 28, 2011. The monthly compensation is 4500.00
      (RMB).

            


    

    


    
      	
               
      

            	
              2.

            	
              During
      the employment period, the arrangement of medical fees are as follows; (a)
      if Party B is a retired officer, the medical expenses will be the
      responsibility of his former employer; (b) if Party B, as a retired
      employee, is employed by  government departments, social groups,
      government-sponsored public institutions or social welfare unit which
      engage in the placement of handicapped, the medical expenses will be the
      responsibility of his former employer; (c) if Party B leaves his position
      temporarily, the medical expenses will be compensated by his former
      employer’s medical insurance plan.

            


    

    


    
      	
               
      

            	
              3.

            	
              During
      the employment period, if Party B is hurt, handicapped or dead in the
      during work, all the expenses incurred in the treatment and all the
      entitled insurance and welfare benefit will be the responsibility of
      employer according to relevant national
  regulations.

            


    

    


    
      	
               
      

            	
              4.

            	
              During
      the employment period, in the event of serious violation of Party A’s
      internal regulations by Party B, Party A may terminate this Employment
      Agreement. If Party A is unable to pay salaries, or provide working
      condition according to regulations or Party A compel working through
      unfair means, Party B may terminate this Employment
    Agreement.

            


    

    


    
      	
               
      

            	
              5.

            	
              All
      the other fairs needed to be negotiated between Party A and Party
      B.

            


    

    


    
      	
               
      

            	
              6.

            	
              Other
      terms agreed upon by Party A and Party
B:

            


    

         If
the Employee resigns from his position, the resigning request could be processed
only when a new proper employee is engaged by the Party A, as long as there is
no transition conducted by an agent. If employee resigns without a transition,
Party A shall deduct 40% of the Employee’s salary from his monthly payment. If
employee did not transfer Party A’s property, Party A will deduct the value of
the property from employee’s paycheck.

    


    
      	
               
      

            	
              7.

            	
              This
      Employment Agreement is made in duplicate. Party A and Party B shall
      retain a copy respectively after the certification by the Labor
      Administration Department.

            


    

    


    Note:
1.   The leaving person means redundant staff who have employment
agreements with former employer but who have long vacation, early retirement or
retain one’s position with one’s salary suspended.

    


              2.  
Employees’ employment period does not split a year except for employees who are
engaged in seasonal work.