American Lorain Corporation: Exhibit 10.1 - Prepared by TNT Filings Inc.




  




Exhibit 10.1 


Employment Agreement 

(English Translation) 


Party A: SHANDONG LORAIN FOOD STUFF CO., LTD (a subsidiary of AMERICAN LORAIN
CORPORATION) 

Legal representative: Si Chen 

Party B: Jing Tomas Wu 

Gender: Male 

Date of Birth: October 14, 1971; 

Educational attainments: MBA 

Graduation University: China Foreign Trade University; 

Native Place: Shandong Province, Yinan County, 

 

In accordance with the Labor Law of the People’s Republic of
China ("PRC") and the local government’s relevant regulations, both parties
hereby agree to enter into this employment agreement ("Agreement") on the basis
of equality and friendly negotiation. 


I. Upon the effectiveness of this agreement, Party B will
become the employee of Party A and the employment relationship between both
parties is established. 


This agreement shall be commenced from November 20, 2007 and
shall be terminated at November 19, 2015. 

Party B agrees to the arrangements of working according to
Party A’s production needs, and achieves the goals of stated quantities, quality
targets or working tasks in accordance with this position’s production (working) tasks and responsibilities
stipulated by Party A.  


II. Payment 


During the period of this Agreement, Party A shall pay Party
B for his service in the form of cash monthly RMB30,000 (approximately
US$3,947). The method of the payment’s calculation and issue is to execute this
according to the regulations of the company’s wage system. 

III. Party A’s Responsibility 


1. To Comply with the stipulations of PRC laws, rules and
policies and create a favorable working environment that can develop the staff’s
enthusiasm and creativity. 




2. Be responsible for the education and training about Party
B’s political thoughts, professional ethics, safety in production, observing
disciplines and law as well as regulations of the unit; guarantee the laborer of
enjoying the labor rights and of implementing the labor obligations. 

3. Reasonably determine the labor ration and the payment for
Party B shall not be lower than the local minimum wage standard. Since this
labor relation is established, Party A shall provide labor insurance and pay the
insurances such as providing for the pension, unemployment and injury insurances
for Party B. 

4. On the condition that one of the situations below takes
place by Party B, Party A can terminate the employment agreement: 

(1). Proved to be incompetent during the probation period.


(2). Severely disobey the labor disciplines or Party A’s
rules. 

(3). Serious breach of duty, irregularities of favoritism
that do great harms to Party A. 

(4).Fired by the company for breach the criminal laws. 

(5).Unable to continue the job arranged by Party A due to
Party B’s diseases or injuries not caused through working after the medical
treatment expires. 

(6).inompetent for the job even after the training or post
adjustment. 


IV. Party B’s responsibility 


1. To comply with the PRC laws, rules as well as policies and
stick up for the national and Party A’s interests. 

2. Be active to attend the education and training on
political thoughts, professional ethics organized by Party A, execute the safety
and health regulations and comply with the labor disciplines and professional
ethics. 

3. To accept and complete the tasks stipulated by Party A, to
achieve the fixed target and continuously improve the professional skills. 

4. To comply with rules stipulated by Party A and obey Party
A’s guidance and management. 

5. Implement the obligations stipulated by laws and rules and
the Agreement. 

6. On the condition that one of the situations below takes
place, Party B shall not terminate the Agreement: 




(1).The training
expense of Party B has been paid by Party A but the service term of Party B
under the Agreement has not expired. 

(2).The important
tasks on production, managing and scientific research occupied by Party B are
still not achieved. 

(3).The settlement
on economic compensation, economic punishment and administrative sanction by
Party B is still undone. 

7. If Party B shall inform Party A in 30 days advance in
written to terminate the Agreement. 

8. During the Agreement period or after the expiration,
regardless of being fired because of disobeying the disciplines or rules or
leaving the factory privately, Party B shall not do anything harmful to Party A.
If any offense causes, Party A has right to investigate the economic loss caused
to Party A. 

9. The directors, supervisors and managers as well as those
who are familiar with the Party A’s management, sales, product exploitation and
quality control, etc. or familiar with the commercial secrets and processing
technologies, cannot self-manage or manage with others or assist others to
manage the same or similar products or engage any activity harmful to the
company’s interests, whatsoever leaving the factory with any reason. 


V. Once the agreement expires, the employment
relationship between both parties shall be terminated. If both parties agree
after negotiation, the Agreement can be renewed. Each party shall inform the
other Party within 30 days before the expiration to renew the Agreement. 


VI. As soon as the Agreement is signed, both parties
shall strictly implement the Agreement. If any party breaks the Agreement,
penalty of Ten thousand RMB shall be paid to the other party as the penalty. 


VII. In the process of implementing the Agreement, if any
labor dispute happens between two parties, it can be mediated through the
mediation committee of labor dispute in the employing unit, or summit to
relevant arbitration committee of labor dispute to mediate or arbitrate; it can
appeal to the local people’s court if the arbitration is unsatisfactory. 


VIII. Other matters concerned that aren’t written in this
Agreement but stipulated by the nation and province, shall be executed according
to the national and provincial stipulations. Those that aren’t stated by the
nation or province can be supplemented as clauses through negotiations between
both parties. 




IX. Other negotiated items that shall be complied with
and executed will be recorded into the appendix or be regarded as the Agreement
annex. 


X. The Agreement will come into effect once both parties
seal/sign. 


XI. There are 2 originals of this Agreement. Each party
will hold 1 original(s). 


Party A: SHANDONG LORAIN FOOD STUFF CO., LTD 

(Corporate Seal) 

By: /s/ Si Chen Si                


Chen, Chief Executive Officer 

Party B: Jing Tomas Wu             


By: /s/ Jing Tomas Wu        


Dated November 20, 2007