Unassociated Document


    


    SGOCO
TECHNOLOGY LIMITED

    Guanke
(Fujian) Electron Technological Industry Co., LTD

    Xiaban
Industrial Estate, Meiling, Jinjiang

    Fujian,
China 362200

    Phone:
86-595-82005598

    


    April 2,
2010

    


    Dear
Burnette Or:

    


    JOB
OFFER

    


    This is
an amended and restated offer, effective as of April 1, 2010. SGOCO Technology
Limited (the “Company” or “SGOCO”) is pleased to
offer you a job as a President and Chief Executive Officer of SGOCO Technology
Limited. We trust that your knowledge, skills and experience will be among our
most valuable assets. This Agreement supersedes all prior written agreements
between you and the Company.

    


    Should
you accept this job offer, per company policy you'll be eligible to receive the
following beginning
on your hire date.

    


    
      	
              ·

            	
              Salary: You have agreed
      to waive all salary for the 2010 fiscal
year.

            


    

    
      	
              ·

            	
              Performance
      Bonuses:

            


    

    
      	
               
      

            	
              ·

            	
              To
      be determined at year end.

            


    

    
      	
              ·

            	
              Stock
      Options:

            


    

    
      	
               
      

            	
              ·

            	
              To
      be determined after a stock option plan is put into
  place.

            


    

    
      	
              ·

            	
              Benefits:

            


    

    
      	
               
      

            	
              §

            	
              Optional
      Monthly Housing and Transportation
Allowance.

            


    

    
      	
               
      

            	
              §

            	
              Vacation,
      sick day and personal days. (5 weeks
annually)

            


    

    
      	
              ·

            	
              Reimbursement of Business
      Expenses: You shall be reimbursed for all reasonable and necessary
      expenses paid or incurred by you in the performance of your duties. You
      shall provide Company with original receipts for such
      expenses.

            


    

    
      	
              ·

            	
              At-Will Employment:
      Either party may terminate this Agreement by written notice at any
      time for any reason or for no reason. This Agreement is intended to be and
      shall be deemed to be an at-will employment Agreement and does not
      constitute a guarantee of continuing employment for any
    term.

            


    

    
      	
              ·

            	
              Nondisclosure Agreement:
      You agree to sign Company’s standard
      Employee Nondisclosure Agreement and Proprietary Rights Assignment as a
      condition of your employment. We wish to impress upon you that we do not
      wish you to bring with you any confidential or proprietary material of any
      former employer or to violate any other obligation to your former
      employers.

            


    

    
      	
              ·

            	
              Entire Agreement: This
      Agreement sets forth the entire Agreement between the parties pertaining
      to the subject matter hereof and supersedes all prior written agreements
      and all prior or contemporaneous oral Agreements and understandings,
      expressed or implied.

            


    


    
      
         


      

      
         


        
          

        

      

      
         


      

    


    To
accept this job offer:

    


    
      	
              1.

            	
              Sign
      and date this job offer letter where indicated
  below.

            


    

    
      	
              2.

            	
              Return
      all pages of the
      signed and dated documents.

            


    

    


    We at
SGOCO hope that you'll accept this job offer and look forward to welcoming you
aboard.

    


    Sincerely,

    


    /s/
Burnette Or

    


    SGOCO
Technology Limited

    


    Accept
Job Offer

    By
signing and dating this letter below, I accept the job offer of President and
Chief Executive Officer by SGOCO Technology Limited.

    


    
      
        
          
            
              	
                      Signature: 

                    	
                      /s/ Burnette Or

                    	 
      	
                      Date:

                    	
                      2010.
      04. 20.