EXHIBIT
10.1

      


      EMPLOYMENT
AGREEMENT

      


      This employment agreement (this
"Agreement") dated as of September 1, 2010 (the "Effective Date"), is made by
and between Sinobiomed Inc., a Delaware corporation (the "Company") and George
Yu (the “Executive”) (collectively, the “Parties”).

      


      WHEREAS, the Company is in the business
(the “Business”) of developing genetically engineered recombinant protein drugs
and vaccines that respond to a wide range of diseases and conditions, including
malaria, hepatitis, surgical bleeding, cancer, rheumatoid arthritis, diabetic
ulcers and burns, and blood cell regeneration and in order to help comply,
satisfy and maintain the Company’s reporting obligations in the United States,
requires the skills, advice and supervision of a suitable President and Chief
Executive Officer;

      


      WHEREAS, the Executive will have the
duties and responsibilities as described in Section 1 of the Agreement during
the period when the Executive is the President and Chief Executive Officer of
the Company; and

      


      WHEREAS, the Parties wish to establish
the terms of the Executive’s employment with the Company;

      


      NOW, THEREFORE, in consideration of the
foregoing, of the mutual promises contained herein and of other good and
valuable consideration, the receipt and sufficiency of which are hereby
acknowledged, the Parties, intending to be legally bound, hereby agree as
follows:

      


      1.          POSITION/DUTIES.

      


      (a)         During
the Employment Term (as defined in Section 2 below), the Executive shall serve
as the President and Chief Executive Officer of the Company. In this capacity
the Executive shall be responsible for the following:

      


      (i)           assisting
the Company with its management and business operations and
policies;

      


      (ii)          assisting
the CFO with establishing and maintaining proper internal financial
controls;

      


      (iii)         identifying
projects that fall within the ambit of the Company’s Business and which may
enhance shareholder value for the Company;

      


      (iv)         communicating
with the media and all financial institutions with a view to enhancing and
promoting the image of the Company;


      
        
           


        

        
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      (v) 
        developing all aspects of any
program in connection with the development and the financing of the development
of the Business;

      


      (vi)         creating,
developing, coordinating and managing any and all development and financing
programs in respect of the Business and each of their proposed or potential
commercial applications together with all capital funding projects and resources
which are, or which may be, necessarily incidental thereto;

      


      (vii)        negotiating
all proposed or potential joint venture and/or financing arrangements in
connection with the ongoing development of the Business and each of their
proposed or potential commercial applications;

      


      (viii)       preparing
and disseminating any and all business plans, news releases and special
shareholder or investment reports for the Company, or for any of the Company’s
subsidiaries, as the case may be and as may be determined by the Company in its
sole and absolute discretion, and in connection with the ongoing development and
financing of the Business;

      


      (ix)         setting
up of all corporate alliances for the Company, or for any of the Company’s
subsidiaries, as the case may be and as may be determined by the Company in its
sole and absolute discretion, with all potential and strategic business and
financial partners for the purposes of the ongoing development and financing of
the Business;

      


      (x)          assisting
with other development and financing services in connection with the Business as
may be directed, from time to time, by the Board of Directors of the Company in
its sole and absolute discretion;

      


      (xi)         assisting
the Company with its reporting requirements and provide managerial advice,
including preparation of quarterly and annual reports as required under Sections
13(d) and 15 of the Securities and Exchange Act of 1934, as
amended;

      


      (xii)        assisting
with establishing accounting procedures and policies as well as establishing and
maintaining internal financial controls and procedures; and

      


      (xiii)       such
other assistances as the board may reasonably request.

      


      (b)    
     During the Employment Term, the Executive shall
report directly to the Board of Directors of the Company. The Executive shall
obey the lawful directions of the Board of Directors and shall use his diligent
efforts to promote the interests of the Company and to maintain and promote the
reputation thereof.

      


      (c)      
   During the Employment Term, the Executive shall initially be
based in the United States and shall be expected to travel extensively between
and within China and the United States. In the event that the Executive is
required by the Company to be relocated to China at any time during the
Employment Term, the Company shall provide the Executive with necessary
allowance and full coverage of all the costs in connection with the
relocation.


      
        
           


        

        
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      (d)         During
the Employment Term, in the event that the Company engages in any capital
markets activities, the Executive shall take a leading role in such transactions
by overseeing underwriters, counsels and auditors, and preparing and/or
reviewing requisite documentations in connection with such
transactions.

      


      (e)         During
the Employment Term, the Executive shall use his best efforts to perform his
duties under this Agreement and shall devote of his business time, energy and
skill in the performance of his duties with the Company.

      


      2.           EMPLOYMENT
TERM.  Except for earlier termination as provided in Section 6,
the Executive's employment under this Agreement shall be for two (2) years
starting on the Effective Date and ending on August 31, 2012 (the "Initial
Term"). Subject to Section 6, this Agreement shall renew automatically for
subsequent one-year periods (each an “Additional Term”). Renewal shall be on the
same terms and conditions contained herein, unless modified and agreed to in
writing by the Parties, and this Agreement shall remain in full force and effect
(with any collateral written amendments) without the necessity to execute a new
document. A Party hereto determining not to renew agrees to notify the other
Parties hereto in writing at least 60 calendar days prior to the end of the
Initial Term or Additional Term of its intent not to renew this Agreement (the
“Non-Renewal Notice”).

      


      3.           COMPENSATION.

      


      (a)          Base Salary. In consideration
of the services to be rendered hereunder, the Company hereby agrees to pay the
Executive an initial annual base salary of US$5,000 per month payable on the
last day of each calendar month (the “Base Salary”). The Executive’s Base Salary
shall be increased to US$10,000 per month payable on the last day of each month,
if the Company has successfully raised a gross amount of at least US$1,000,000
in aggregate during the term.

      


      (b)          Stock Options. Subject to the
terms and conditions provided in this Agreement and the Stock Option Agreement
between the Company and the Executive, the Company agrees to grant the
Executive, pursuant to the 2006 Stock Option and Incentive Plan of the Company,
stock options to purchase a maximum of 5,000,000 shares of the common stock of
the Company.  The option shall vest in equal monthly proportions over
a period of 24 months beginning on the Effective Date, shall have an exercise
price of US$0.03 per share and shall be exercisable on a cashless basis. The
option shall expire five years from the Effective Date.

       

      
        
           


        

        
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      4.           EMPLOYEE
BENEFITS.

      


      (a)          Benefit Plans.  The
Executive shall be eligible to participate in any employee benefit plan of the
Company, including, but not limited to, equity, pension, thrift, profit sharing,
medical coverage, education, or other retirement or welfare benefits that the
Company has adopted or may adopt, maintain or contribute to the benefit of its
senior executives, at a level commensurate with his positions, subject to
satisfying the applicable eligibility requirements. The Company may at any time
or from time to time amend, modify, suspend or terminate any employee benefit
plan, program or arrangement for any reason in its sole discretion.

      


      (b)          Vacation.  The
Executive shall be entitled to an annual paid vacation in accordance with the
Company's policy applicable to senior executives from time to time in effect,
but in no event less than two weeks per calendar year (as prorated for partial
years), which vacation may be taken at such times as the Executive elects with
due regard to the needs of the Company.  The carry-over of vacation
days shall be in accordance with the Company's policy applicable to senior
executives from time to time in effect.

      


      (c)          Business and Entertainment
Expenses. Upon presentation of appropriate documentation, the Executive
shall be reimbursed for all reasonable and necessary business and entertainment
expenses, including business related travel expenses, incurred in connection
with the performance of his duties hereunder, all in accordance with the
Company's expense reimbursement policy applicable to senior executives from time
to time in effect; provided, that the Company shall not be responsible for
expenses unless it has given prior approval as follows:

      


      
        	
                 
      

              	
                (a)

              	
                Any
      single expense in excess of $500;
and

              


      

      


      
        	
                 
      

              	
                (b)

              	
                Any
      month in which it is anticipated that aggregate expenses will exceed
      $2,000.

              


      

      


      (d)          Insurance. Upon presentation
of appropriate documentation, the Executive shall be reimbursed for all
reasonable expenses in connection with the Executive’s health insurance
coverage.  Prior to enrolling in any health insurance plan, the
Executive obtain the written consent of the Company, which consent shall not be
unreasonably withheld.

      


      5.           TERMINATION.  The
Executive's employment and the Employment Term shall terminate on the first of
the following to occur:

      


      (a)          Disability.  The
thirtieth (30th) day
following a written notice of termination by the Company to the Executive due to
Disability. For purposes of this Agreement, "Disability" shall mean a
determination  by the Company in accordance with applicable law that
due to a physical or mental injury, infirmity or incapacity, the Executive is
unable to perform the essential functions of his job with or without
accommodation for 180 days (whether or not consecutive) during any 12-month
period.

      


      (b)          Death.  Automatically
on the date of death of the Executive.



      
        
           


        

        
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      (c)          Cause.  Immediately
upon written notice of termination by the Company to the Executive for Cause.
"Cause" shall mean, as determined by the Board (or its designee) (1) conduct by
the Executive in connection with his employment duties or responsibilities that
is fraudulent, unlawful or grossly negligent; (2) the willful misconduct of the
Executive; (3) the willful and continued failure of the Executive to perform the
Executive's duties with the Company (other than any such failure resulting from
incapacity due to physical or mental illness); (4) the commission by the
Executive of any felony (or the equivalent under the law of the People's
Republic of China) (other than traffic-related offenses) or any crime involving
moral turpitude; (5) violation of any material policy of the Company or any
material provision of the Company's code of conduct, employee handbook or
similar documents; or (6) any material breach by the Executive of any provision
of this Agreement or any other written agreement entered into by the Employee
with the Company.

      


      (d)          Without Cause.  On
the sixtieth (60th) day following delivery of a Non-Renewal Notice or other
written notice by either Party to the other Party without Cause, other than for
death or Disability of the Executive.  The Company may also terminate
this Agreement for cause at any time in the event of the failure of the
Executive to perform duties assigned by the Company in a correct, timely and
expeditious manner or in the event of material violation by the Executive of any
term or condition of this Agreement.

      


      6.           CONSEQUENCES OF
TERMINATION.

      


      (a)          Disability.  Upon
termination of the Employment Term because of the Executive's Disability, the
Company shall pay or provide to the Executive (1) any unpaid Base Salary and any
accrued vacation through the date of termination; (2) reimbursement for any
unreimbursed expenses properly incurred through the date of termination; and (3)
all other payments or benefits to which the Executive may be entitled under the
terms of any applicable employee benefit plan, program or arrangement
(collectively, "Accrued Benefits").  Additionally, in the event of
termination of the Employment Term because of the Executive’s Disability, all
options granted to the Executive pursuant to Section 3(b) of this Agreement
shall vest in full and shall be exercisable by the Executive at any time during
the twelve (12) months immediately following the date of such
termination.

      


      (b)          Death.  Upon the
termination of the Employment Term because of the Executive's death, the
Executive's estate shall be entitled to any Accrued
Benefits.  Additionally, in the event of termination of the Employment
Term because of the Executive’s death, all options granted to the Executive
pursuant to Section 3(b) of this Agreement shall vest in full and shall be
exercisable by the Executive’s estate at any time during the twelve (12) months
immediately following the date of the Executive’s Death.

      


      (c)          Termination for Cause. Upon
the termination of the Employment Term by the Company for Cause or by either
party in connection with a failure to renew this Agreement, the Company shall
pay to the Executive any Accrued Benefits.  Additionally, in the event
of termination of the Employment Term for Cause, all options granted to the
Executive pursuant to Section 3(b) of this Agreement shall expire immediately
upon such termination

       

      
        
           


        

        
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      (d)          Termination without
Cause.  Upon the termination of the Employment Term by the
Company without Cause, the Company shall pay or provide to the Executive (i) the
Accrued Benefits and (ii) the Base Salary in effect on the date of such
termination for a period of [six (6)] months, payable in installments in
accordance with the Company’s normal payroll practices.  Additionally,
in the event of termination of the Employment Term without Cause, all options
granted to the Executive pursuant to Section 3(b) of this Agreement shall vest
in full and shall be exercisable by the Executive at any time during the three
(3) months immediately following the date of such termination.

      


      7.           NO ASSIGNMENT.  This
Agreement is personal to each of the Parties.  Except as provided
below, no Party may assign or delegate any rights or obligations hereunder
without first obtaining the written consent of the other Party hereto; provided, however, that the
Company may assign this Agreement to any successor (whether direct or indirect,
by purchase, merger, consolidation or otherwise) to all or substantially all of
the business or assets of the Company.

      


      8.           NOTICES. For the purpose of
this Agreement, notices and all other communications provided for in this
Agreement shall be in writing and shall be deemed to have been duly given (1) on
the date of delivery if delivered by hand, (2) on the date of transmission, if
delivered by confirmed facsimile or email, (3) on the first business day
following the date of deposit if delivered by guaranteed overnight delivery
service, or (4) on the fourth business day following the date delivered or
mailed by United States registered or certified mail, return receipt requested,
postage prepaid, addressed as follows:

      


      If to the Executive:

      


      George
Yu

      [_____________]

      [_____________]

      [_____________]

      [_____________]

      


      If to the Company:

      


      Sinobiomed
Inc.

      Room
4304, 43/F China Resources Building,

      26
Harbour Road

      Wan Chai,
Hong Kong

      csmetcalf@gmail.com

      


      or to
such other address as either Party may have furnished to the other in writing in
accordance herewith, except that notices of change of address shall be effective
only upon receipt.

       

      
        
           


        

        
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      9.           PROTECTION OF THE COMPANY'S
BUSINESS.

      


      (a)         
Confidentiality.  The
Executive acknowledges that during the course of his employment by the Company
(prior to and during the Employment Term) he has and will occupy a position of
trust and confidence. The Executive shall hold in a fiduciary capacity for the
benefit of the Company and shall not disclose to others or use, whether directly
or indirectly, any Confidential Information regarding the Company, except (i) as
in good faith deemed necessary by the Executive to perform his duties hereunder,
(ii) to enforce any rights or defend any claims hereunder or under any other
agreement to which the Executive is a party, provided that such disclosure
is relevant to the enforcement of such rights or defense of such claims and is
only disclosed in the formal proceedings related thereto, (iii) when required to
do so by a court of law, by any governmental agency having supervisory authority
over the business of the Company or by any administrative or legislative body
(including a committee thereof) with jurisdiction to order him to divulge,
disclose or make accessible such information, provided that the Executive
shall give prompt written notice to the Company of such requirement, disclose no
more information than is so required, and cooperate with any attempts by the
Company to obtain a protective order or similar treatment, (iv) as to such
Confidential Information that shall have become public or known in the Company's
industry other than by the Executive's unauthorized disclosure, or (v) to the
Executive's spouse, attorney and/or his personal tax and financial advisors as
reasonably necessary or appropriate to advance the Executive's tax, financial
and other personal planning (each an "Exempt Person"), provided, however, that any disclosure
or use of Confidential Information by an Exempt Person shall be deemed to be a
breach of this Section 9(a) by the Executive. The Executive shall take all
reasonable steps to safeguard the Confidential Information and to protect it
against disclosure, misuse, espionage, loss and theft.  The Executive
understands and agrees that the Executive shall acquire no rights to any such
Confidential Information. "Confidential Information" shall mean information
about the Company, its subsidiaries and affiliates, and their respective clients
and customers that is not disclosed by the Company and that was learned by the
Executive in the course of his employment by the Company, including, but not
limited to, any proprietary knowledge, trade secrets, data and databases,
formulae, sales, financial, marketing, training and technical information,
client, customer, supplier and vendor lists, competitive strategies, computer
programs and all papers, resumes, and records (including computer records) of
the documents containing such Confidential Information.

      


      (b)           Non-Competition.  During
the Employment Term and for the one-year period following the termination of the
Executive's employment for any reason (the "Restricted Period"), the Executive
shall not, directly or indirectly, without the prior written consent of the
Company, provide employment (including self-employment), directorship,
consultative or other services to any business, individual, partner, firm,
corporation, or other entity that competes with any business conducted by the
Company or any of its subsidiaries or affiliates on the date of the Executive's
termination of employment or within one year of the Executive's termination of
employment in the geographic locations where the Company and its subsidiaries or
affiliates engage or propose to engage in such business (the "Business").
Nothing herein shall prevent the Executive from having a passive ownership
interest of not more than 2% of the outstanding securities of any entity engaged
in the Business whose securities are traded on a national securities
exchange.

       

      
        
           


        

        
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      (c)           Non-Solicitation of Employees.
The Executive recognizes that he possesses and will possess confidential
information about other employees of the Company and its subsidiaries and
affiliates relating to their education, experience, skills, abilities,
compensation and benefits, and inter-personal relationships with customers of
the Company and its subsidiaries and affiliates. The Executive recognizes that
the information he possesses and will possess about these other employees is not
generally known, is of substantial value to the Company and its subsidiaries and
affiliates in developing their business and in securing and retaining customers,
and has been and will be acquired by him because of his business position with
the Company. The Executive agrees that, during the Restricted Period, he will
not, directly or indirectly, (i) solicit or recruit any employee of the
Company or any of its subsidiaries or affiliates (a "Current Employee") or any
person who was an employee of the Company or any of its subsidiaries or
affiliates during the twelve (12) month period immediately prior to the date the
Executive's employment terminates (a "Former Employee") for the purpose of being
employed by him or any other entity, or (ii) hire any Current Employee or Former
Employee.

      


      (d)           Non-Solicitation of
Customers.  The Executive agrees that, during the Restricted
Period, he will not, directly or indirectly, solicit or attempt to solicit (i)
any party who is a customer or client of the Company or its subsidiaries, who
was a customer or client of the Company or its subsidiaries at any time during
the twelve (12) month period immediately prior to the date the Executive's
employment terminates or who is a prospective customer or client that has been
identified and targeted by the Company or its subsidiaries for the purpose of
marketing, selling or providing to any such party any services or products
offered by or available from the Company or its subsidiaries, or (ii) any
supplier or vendor to the Company or any subsidiary to terminate, reduce or
alter negatively its relationship with the Company or any subsidiary or in any
manner interfere with any agreement or contract between the Company or any
subsidiary and such supplier or vendor.

      


      (e)           Property.  The
Executive acknowledges that all originals and copies of materials, records and
documents generated by him or coming into his possession during his employment
by the Company or its subsidiaries are the sole property of the Company and its
subsidiaries ("Company Property").  During the Employment Term, and at
all times thereafter, the Executive shall not remove, or cause to be removed,
from the premises of the Company or its subsidiaries, copies of any record,
file, memorandum, document, computer related information or equipment, or any
other item relating to the business of the Company or its subsidiaries, except
in furtherance of his duties under this Agreement.  When the
Executive's employment with the Company terminates, or upon request of the
Company at any time, the Executive shall promptly deliver to the Company all
copies of Company Property in his possession or control.

      


      (f)           Non-Disparagement.  Executive
shall not, and shall not induce others to, Disparage the Company or its
subsidiaries or affiliates or their past and present officers, directors,
employees or products. "Disparage" shall mean making comments or statements to
the press, the Company's or its subsidiaries' or affiliates' employees or any
individual or entity with whom the Company or its subsidiaries or affiliates has
a business relationship which would adversely affect in any manner (1) the
business of the Company or its subsidiaries or affiliates (including any
products or business plans or prospects), or (2) the business reputation of the
Company or its subsidiaries or affiliates, or any of their products, or their
past or present officers, directors or employees.


      
        
           


        

        
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      (g)           Cooperation.  Subject
to the Executive's other reasonable business commitments, following the
Employment Term, the Executive shall be available to cooperate with the Company
and its outside counsel and provide information with regard to any past,
present, or future legal matters which relate to or arise out of the business
the Executive conducted on behalf of the Company and its subsidiaries and
affiliates, and, upon presentation of appropriate documentation, the Company
shall compensate the Executive for any out-of-pocket expenses reasonably
incurred by the Executive in connection therewith.

      


      (h)           Equitable Relief and Other
Remedies.  The Executive acknowledges and agrees that the
Company's remedies at law for a breach or threatened breach of any of the
provisions of this Section 9 would be inadequate and, in recognition of this
fact, the Executive agrees that, in the event of such a breach or threatened or
attempted breach, in addition to any remedies at law, the Company, without
posting any bond, shall be entitled to obtain equitable relief in the form of
specific performance, a temporary restraining order, a temporary or permanent
injunction or any other equitable remedy which may then be available. In
addition, without limiting the Company's remedies for any breach of any
restriction on the Executive set forth in this Section 9, except as required by
law, the Executive shall not be entitled to any payments set forth in Section
6(d) hereof if the Executive has breached the covenants applicable to the
Executive contained in this Section 9, the Executive will immediately return to
the Company any such payments previously received under Section 6(d) upon such a
breach, and, in the event of such breach, the Company will have no obligation to
pay any of the amounts that remain payable by the Company under Section
6(d).

      


      (i)           Reformation.  If it
is determined by a court of competent jurisdiction in any state that any
restriction in this Section 9 is excessive in duration or scope or is
unreasonable or unenforceable under the laws of that state, it is the intention
of the parties that such restriction may be modified or amended by the court to
render it enforceable to the maximum extent permitted by the law of that
state.  The Executive acknowledges that the restrictive covenants
contained in this Section 9 are a condition of this Agreement and are reasonable
and valid in temporal scope and in all other respects.

      


      (j)           Liability.  Notwithstanding
the provisions in this Section 9 the Executive shall not be liable for any
mistakes of fact, errors of judgment, for losses sustained by the Company or any
subsidiary or for any acts or omissions of any kind, unless caused by the
negligence or willful or intentional misconduct of the Executive or any person
or entity acting for or on behalf of the Executive.

      


      (k)          Survival of
Provisions.  The obligations contained in this Section 9 shall
survive in accordance with their terms the termination or expiration of the
Executive's employment with the Company and shall be fully enforceable
thereafter.

      


      10.         INDEMNIFICATION.  The
Executive shall be indemnified to the extent permitted by the Company's
organizational documents and to the extent required by law.


      
        
           


        

        
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      11.         SECTION HEADINGS AND
INTERPRETATION. The section headings used in this Agreement are included
solely for convenience and shall not affect, or be used in connection with, the
interpretation of this Agreement. Expressions of inclusion used in this
agreement are to be understood as being without limitation.

      


      12.         SEVERABILITY.  The
provisions of this Agreement shall be deemed severable and the invalidity of
unenforceability of any provision shall not affect the validity or
enforceability of the other provisions hereof.

      


      13.         COUNTERPARTS.  This
Agreement may be executed in several counterparts, each of which shall be deemed
to be an original but all of which together will constitute one and the same
Agreement.

      


      14.         GOVERNING LAW AND
VENUE.  The validity, interpretation, construction and
performance of this Agreement shall be governed by the laws of Beijing, China
without regard to its conflicts of law principles. The Parties agree irrevocably
to submit to the exclusive jurisdiction of the courts located in Beijing, China,
for the purposes of any suit, action or other proceeding brought by any Party
arising out of any breach of any of the provisions of this Agreement and hereby
waive, and agree not to assert by way of motion, as a defense or otherwise, in
any such suit, action, or proceeding, any claim that it is not personally
subject to the jurisdiction of the above-named courts, that the suit, action or
proceeding is brought in an inconvenient forum, that the venue of the suit,
action or proceeding is improper, or that the provisions of this Agreement may
not be enforced in or by such courts.

      


      15.         ENTIRE AGREEMENT. This
Agreement contains the entire agreement between the Parties with respect to the
subject matter hereof and supersedes all prior agreements, written or oral, with
respect thereto. No agreements or representations, oral or otherwise, express or
implied, with respect to the subject matter hereof have been made by either
party which are not expressly set forth in this Agreement.

      


      16.         WAIVER AND
AMENDMENT.  No provision of this Agreement may be modified,
amended, waived or discharged unless such waiver, modification, amendment or
discharge is agreed to in writing and signed by the Executive and such officer
or director as may be designated by the Board. No waiver by either Party at any
time of any breach by the other Party hereto of, or compliance with, any
condition or provision of this Agreement to be performed by such other Party
shall be deemed a waiver or similar or dissimilar provisions or conditions at
the same or at any prior or subsequent time.

      


      17.         WITHHOLDING. The Company may
withhold from any and all amounts payable under this Agreement such federal,
state, local and foreign taxes as may be required to be withheld pursuant to any
applicable law or regulation.

      


      18.         AUTHORITY AND
NON-CONTRAVENTION.  The Executive represents and warrants to
the Company that he has the legal right to enter into this Agreement and to
perform all of the obligations on his part to be performed hereunder in
accordance with its terms and that he is not a party to any agreement or
understanding, written or oral, which could prevent him form entering into this
Agreement or performing all of his obligations hereunder.


      
        
           


        

        
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      19.         COUNTERPARTS.  This
Agreement may be executed in counterparts, each of which shall be deemed an
original but all of which shall constitute one and the same
instrument.

       

      
        
           


        

        
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      IN WITNESS WHEREOF, the
Parties have executed this Agreement as of the date first written
above.

      


      
        
          
            
              
                	 
      	
                        SINOBIOMED
      INC.

                      	 
	 
      	 
      	 
	 
      	
                         
      

                      	 
       
	 
      	
                        By:

                      	 
	 
      	
                        Title:

                      	 
	 
      	 
      	 
	 
      	
                        EXECUTIVE

                      	 
	 
      	 
      	 
	 
      	
                          

                      	  
	 
      	
                        By:  George
      Yu

                      	 


              

            

          

        

      

       

      
        
           


        

        
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