Document:

Unassociated Document

    
      
        

        EMPLOYMENT
          AGREEMENT

        

        

        This
          Employment Agreement (this "Agreement") is made effective as of January
          08,
          2007, by and between Cavico Corp ("Cavico"), of 17011 Beach Blvd, Suite
          1230,
          Huntington Beach, California, 92647 and Giang Linh Bui ("Giang").

        

        A.
          Cavico
          is engaged in the business of Construction. Giang will primarily perform
          the job
          duties at the following location: 17011 Beach Blvd, Suite 1230, Huntington
          Beach, California.

        

        B.
          Cavico
          desires to have the services of Giang.

        

        C.
          Giang
          is willing to be employed by Cavico.

        

        Therefore,
          the parties agree as follows:

        

        1.
          EMPLOYMENT.
          Cavico
          shall employ Giang as a(n) Vice President. Mr Giang shall provide to Cavico
          the
          service as the direct manager in Cavico Viet Nam, which is a subsidiary
          of
          Cavico Corporation.. Giang accepts and agrees to such employment, and agrees
          to
          be subject to the general supervision, advice and direction of Cavico and
          Cavico's supervisory personnel. Giang shall also perform (i) such other
          duties
          as are customarily performed by an employee in a similar position, and
          (ii) such
          other and unrelated services and duties as may be assigned to Giang from
          time to
          time by Cavico. 

        

        2.
          BEST EFFORTS OF EMPLOYEE.
          Giang
          agrees to perform faithfully, industriously, and to the best of Giang's
          ability,
          experience, and talents, all of the duties that may be required by the
          express
          and implicit terms of this Agreement, to the reasonable satisfaction of
          Cavico.
          Such duties shall be provided at such place(s) as the needs, business,
          or
          opportunities of Cavico may require from time to time. 

        

        3.
          COMPENSATION OF EMPLOYEE.
          As
          compensation for the services provided by Giang under this
          Agreement, Mr
          Giang
          will receive salary from Cavico Viet Nam and will be paid on the first
          day of
          each month.
          Upon
          termination of this Agreement, payments under this paragraph shall cease;
          provided, however, that Giang shall be entitled to payments for periods
          or
          partial periods that occurred prior to the date of termination and for
          which
          Giang has not yet been paid, and for any commission earned in accordance
          with
          Cavico's customary procedures, if applicable. Accrued vacation will be
          paid in
          accordance with state law and Cavico's customary procedures. This section
          of the
          Agreement is included only for accounting and payroll purposes and should
          not be
          construed as establishing a minimum or definite term of employment.

        

        4.
          EXPENSE REIMBURSEMENT. Cavico
          will reimburse Giang for "out-of-pocket" expenses incurred by Giang in
          accordance with Cavico's policies in effect from time to time. 

         

        
          
            
            

          

          
            1

            
              

            

          

          
            
            

          

        

         

        5.
          RECOMMENDATIONS FOR IMPROVING OPERATIONS.
          Giang
          shall provide Cavico with all information, suggestions, and recommendations
          regarding Cavico's business, of which Giang has knowledge, that will be
          of
          benefit to Cavico.

        

        6.
          CONFIDENTIALITY.
          Giang
          recognizes that Cavico has and will have information regarding the
          following:

        -
          inventions

        -
          products

        -
          product
          design

        -
          processes

        -
          technical matters

        -
          trade
          secrets

        -
          copyrights

        -
          customer lists

        -
          prices

        -
          costs

        -
          discounts

        -
          business affairs

        -
          future
          plans

        and
          other
          vital information items (collectively, "Information") which are valuable,
          special and unique assets of Cavico. Giang agrees that Giang will not at
          any
          time or in any manner, either directly or indirectly, divulge, disclose,
          or
          communicate any Information to any third party without the prior written
          consent
          of Cavico. Giang will protect the Information and treat it as strictly
          confidential. A violation by Giang of this paragraph shall be a material
          violation of this Agreement and will justify legal and/or equitable relief.
          

        

        7. UNAUTHORIZED
          DISCLOSURE OF INFORMATION.
          If it
          appears that Giang has disclosed (or has threatened to disclose) Information
          in
          violation of this Agreement, Cavico shall be entitled to an injunction
          to
          restrain Giang from disclosing, in whole or in part, such Information,
          or from
          providing any services to any party to whom such Information has been disclosed
          or may be disclosed. Cavico shall not be prohibited by this provision from
          pursuing other remedies, including a claim for losses and damages. 

        

        8. CONFIDENTIALITY
          AFTER TERMINATION OF EMPLOYMENT.
          The
          confidentiality provisions of this Agreement shall remain in full force
          and
          effect for a 1 year period after the termination of Giang's employment.
          During
          such 1 year period, neither party shall make or permit the making of any
          public
          announcement or statement of any kind that Giang was formerly employed
          by or
          connected with Cavico. 

        

        

        9.
          VACATION.
          Giang
          shall be entitled to 14 of paid vacation for each completed year of employment.
          Such vacation must be taken at a time mutually convenient to Cavico and
          Giang,
          and must be approved by Cavico. Requests for vacation shall be submitted
          to
          Giang's immediate supervisor 14 days in advance of the requested beginning
          date.

        

        The
          provisions of this Vacation section are subject to change in accordance
          with
          Cavico policies in effect from time to time.

         

        
          
            
            

          

          
            2

            
              

            

          

          
            
            

          

        

         

        10.
          SICK LEAVE. Giang
          shall be entitled to 6 day(s) paid time, due to illness or for personal
          business, for each year of employment, with the year to be measured using
          Giang's starting date as the point of beginning. Unused sick leave benefits
          as
          of December 31 of each year may be converted into cash compensation at
          a rate of
          $25.00 per hour. Sick leave may be accumulated from year to year up to
          a total
          of 6 days; excess amounts shall be forfeited. 

        

        All
          requests for sick days off shall be made by Giang in accordance with Cavico
          policies in effect from time to time. 

        

        The
          provisions of this Sick Leave section are subject to change in accordance
          with
          Cavico policies in effect from time to time.

        

        11.
          PERSONAL LEAVE. Giang
          shall be entitled to 6 day(s) unpaid time, for personal business or due
          to
          illness, for each year of employment, with the year to be measured using
          Giang's
          starting date as the point of beginning. Personal leave benefits may not
          be
          converted into cash compensation. Giang's rights to unused personal leave
          benefits shall be forfeited upon termination of employment. Personal leave
          may
          not be accumulated from year to year; unused benefits shall be forfeited.
          

        

        All
          requests for personal days off shall be made by Giang in accordance with
          Cavico
          policies in effect from time to time.

        

        The
          provisions of this Personal Leave section are subject to change in accordance
          with Cavico policies in effect from time to time.

        

        12.
          HOLIDAYS. Giang
          shall be entitled to the following holidays with pay during each calendar
          year:

        -
          New
          Year's Day

        -
          Memorial Day

        -
          4th of
          July

        -
          Labor
          Day

        -
          Thanksgiving Day

        -
          Christmas Day

        

        The
          provisions of this Holidays section are subject to change in accordance
          with
          Cavico policies in effect from time to time.

        

        13.
          INSURANCE BENEFITS.
          Giang
          shall be entitled to insurance benefits, in accordance with Cavico's applicable
          insurance contract(s) and policies, and applicable state law. These benefits
          shall include:

        -
          health
          insurance

        -
          disability insurance

        -
          life
          insurance

        

        The
          provisions of this Insurance Benefits section are subject to change in
          accordance with Cavico policies in effect from time to time.

        

        Giang
          shall be able to participate in Cavico's pension plan in accordance with
          the
          plan's terms and the requirements of law. 

         

        
          
            
            

          

          
            3

            
              

            

          

          
            
            

          

        

         

        14.
          TERM/TERMINATION.
          Giang's
          employment under this Agreement shall be for an unspecified term on an
          "at will"
          basis. This Agreement may be terminated by Cavico upon 30 days written
          notice,
          and by Giang upon 30 days written notice. If Giang is in violation of this
          Agreement, Cavico may terminate employment without notice and with compensation
          to Giang only to the date of such termination. The compensation paid under
          this
          Agreement shall be Giang's exclusive remedy. 

        

        15.
          TERMINATION FOR DISABILITY.
          Cavico
          shall have the option to terminate this Agreement, if Giang becomes permanently
          disabled and is no longer able to perform the essential functions of the
          position with reasonable accommodation. Cavico shall exercise this option
          by
          giving 30 days written notice to Giang.

        

        16.
          COMPLIANCE WITH EMPLOYER'S RULES.
          Giang
          agrees to comply with all of the rules and regulations of Cavico.

        

        17.
          RETURN OF PROPERTY. Upon
          termination of this Agreement, Giang shall deliver to Cavico all property
          which
          is Cavico's property or related to Cavico's business (including keys, records,
          notes, data, memoranda, models, and equipment) that is in Giang's possession
          or
          under Giang's control. Such obligation shall be governed by any separate
          confidentiality or proprietary rights agreement signed by Giang.

        

        18.
          NOTICES. All
          notices required or permitted under this Agreement shall be in writing
          and shall
          be deemed delivered when delivered in person or on the third day after
          being
          deposited in the United States mail, postage paid, addressed as
          follows:

        

        

        Employer:

        

        Cavico
          Corp

        Ha
          Quang
          Bui

        CEO
&
          Chairman

        17011
          Beach Blvd, Suite 1230

        Hungtington
          Beach, California 92647 

        

        Employee:

        

        Giang
          Linh Bui

        

        Such
          addresses may be changed from time to time by either party by providing
          written
          notice in the manner set forth above.

        

        19.
          ENTIRE AGREEMENT. This
          Agreement contains the entire agreement of the parties and there are no
          other
          promises or conditions in any other agreement whether oral or written.
          This
          Agreement supersedes any prior written or oral agreements between the
          parties.

        

        20.
          AMENDMENT. This
          Agreement may be modified or amended, if the amendment is made in writing
          and is
          signed by both parties.

         

        
          
            
            

          

          
            4

            
              

            

          

          
            
            

          

        

         

        21.
          SEVERABILITY. If
          any
          provisions of this Agreement shall be held to be invalid or unenforceable
          for
          any reason, the remaining provisions shall continue to be valid and enforceable.
          If a court finds that any provision of this Agreement is invalid or
          unenforceable, but that by limiting such provision it would become valid
          or
          enforceable, then such provision shall be deemed to be written, construed,
          and
          enforced as so limited.

        

        22.
          WAIVER OF CONTRACTUAL RIGHT. The
          failure of either party to enforce any provision of this Agreement shall
          not be
          construed as a waiver or limitation of that party's right to subsequently
          enforce and compel strict compliance with every provision of this
          Agreement.

        

        23.
          APPLICABLE LAW. This
          Agreement shall be governed by the laws of the State of California.

         

      

      

      EMPLOYER:

      Cavico
        Corp

      

      

        
          	
                  By: 
                    

                	
                  
                    /s/
                      Ha Quang Bui

                  

                	 	
                  Date: 

                	
                    

                	 
	
                   

                	
                  Ha
                    Quang Bui

                	 	 	 	 
	
                   

                	
                  CEO &
                    Chirman

                	 	 	 	 

        

      

      

      

      AGREED
        TO AND ACCEPTED.

      

      EMPLOYEE:

       

      
        

          
            	
                    
                      /s/
                        Giang Linh Bui

                    

                  	 	
                    Date: 

                  	
                        

                  	 
	
                    Giang
                      Linh Bui

                  	 	 	 	 

          

        

         

        
          
            
            

          

          
            5Unassociated Document

    
      
        
          
            

            EMPLOYMENT
              AGREEMENT

            

            

            This
              Employment Agreement (this "Agreement") is made effective as of January
              08,
              2007, by and between Cavico Corp ("Cavico"), of 17011 Beach Blvd, Suite
              1230,
              Huntington Beach, California, 92647 and Ha Quang Bui ("Ha").

            

            A.
              Cavico
              is engaged in the business of Construction.Ha will primarily perform
              the job
              duties at the following location: 17011 Beach Blvd, Suite 1230, Huntington
              Beach, California.

            

            B.
              Cavico
              desires to have the services of Ha.

            

            C.
              Ha is
              willing to be employed by Cavico.

            

            Therefore,
              the parties agree as follows:

            

            1.
              EMPLOYMENT.
              Cavico
              shall employ Ha as a(n) CEO. Ha shall provide to Cavico the services
              described
              on the attached Exhibit A, which is made a part of this Agreement by
              this
              reference. Ha accepts and agrees to such employment, and agrees to
              be subject to
              the general supervision, advice and direction of Cavico and Cavico's
              supervisory
              personnel.Ha shall also perform (i) such other duties as are customarily
              performed by an employee in a similar position, and (ii) such other
              and
              unrelated services and duties as may be assigned to Ha from time to
              time by
              Cavico. 

            

            2.
              BEST EFFORTS OF EMPLOYEE.
              Ha
              agrees to perform faithfully, industriously, and to the best of Ha's
              ability,
              experience, and talents, all of the duties that may be required by
              the express
              and implicit terms of this Agreement, to the reasonable satisfaction
              of Cavico.
              Such duties shall be provided at such place(s) as the needs, business,
              or
              opportunities of Cavico may require from time to time. 

            

            3.
              COMPENSATION OF EMPLOYEE.
              As
              compensation for the services provided by Ha under this Agreement,
              Cavico will
              pay Ha an annual salary of $ 70000 payable monthly on the first day
              of each
              month. Upon termination of this Agreement, payments under this paragraph
              shall
              cease; provided, however, that Ha shall be entitled to payments for
              periods or
              partial periods that occurred prior to the date of termination and
              for which Ha
              has not yet been paid, and for any commission earned in accordance
              with Cavico's
              customary procedures, if applicable. Accrued vacation will be paid
              in accordance
              with state law and Cavico's customary procedures. This section of the
              Agreement
              is included only for accounting and payroll purposes and should not
              be construed
              as establishing a minimum or definite term of employment. 

            

            4.
              EXPENSE REIMBURSEMENT. Cavico
              will reimburse Ha for "out-of-pocket" expenses incurred by Ha in accordance
              with
              Cavico's policies in effect from time to time. 

             

            
              
                
                

              

              
                1

                
                  

                

              

              
                
                

              

            

             

            5.
              RECOMMENDATIONS FOR IMPROVING OPERATIONS.
              Ha shall
              provide Cavico with all information, suggestions, and recommendations
              regarding
              Cavico's business, of which Ha has knowledge, that will be of benefit
              to
              Cavico.

            

            6.
              CONFIDENTIALITY.
              Ha
              recognizes that Cavico has and will have information regarding the
              following:

            -
              inventions

            -
              products

            -
              product
              design

            -
              processes

            -
              technical matters

            -
              trade
              secrets

            -
              copyrights

            -
              customer lists

            -
              prices

            -
              costs

            -
              discounts

            -
              business affairs

            -
              future
              plans

            and
              other
              vital information items (collectively, "Information") which are valuable,
              special and unique assets of Cavico. Ha agrees that Ha will not at
              any time or
              in any manner, either directly or indirectly, divulge, disclose, or
              communicate
              any Information to any third party without the prior written consent
              of Cavico.
              Ha will protect the Information and treat it as strictly confidential.
              A
              violation by Ha of this paragraph shall be a material violation of
              this
              Agreement and will justify legal and/or equitable relief. 

            

            7. UNAUTHORIZED
              DISCLOSURE OF INFORMATION.
              If it
              appears that Ha has disclosed (or has threatened to disclose) Information
              in
              violation of this Agreement, Cavico shall be entitled to an injunction
              to
              restrain Ha from disclosing, in whole or in part, such Information,
              or from
              providing any services to any party to whom such Information has been
              disclosed
              or may be disclosed. Cavico shall not be prohibited by this provision
              from
              pursuing other remedies, including a claim for losses and damages.

            

            8. CONFIDENTIALITY
              AFTER TERMINATION OF EMPLOYMENT.
              The
              confidentiality provisions of this Agreement shall remain in full force
              and
              effect for a 1 year period after the termination of Ha's employment.
              During such
              1 year period, neither party shall make or permit the making of any
              public
              announcement or statement of any kind that Ha was formerly employed
              by or
              connected with Cavico. 

            

            

            9.
              VACATION.
              Ha shall
              be entitled to 14 of paid vacation for each completed year of employment.
              Such
              vacation must be taken at a time mutually convenient to Cavico and
              Ha, and must
              be approved by Cavico. Requests for vacation shall be submitted to
              Ha's
              immediate supervisor 14 days in advance of the requested beginning
              date.

            

            The
              provisions of this Vacation section are subject to change in accordance
              with
              Cavico policies in effect from time to time.

             

            
              
                
                

              

              
                2

                
                  

                

              

              
                
                

              

            

             

            10.
              SICK LEAVE. Ha
              shall
              be entitled to 6 day(s) paid time, due to illness or for personal business,
              for
              each year of employment, with the year to be measured using Ha's starting
              date
              as the point of beginning. Unused sick leave benefits as of December
              31 of each
              year may be converted into cash compensation at a rate of $25.00 per
              hour. Sick
              leave may be accumulated from year to year up to a total of 6 days;
              excess
              amounts shall be forfeited. 

            

            All
              requests for sick days off shall be made by Ha in accordance with Cavico
              policies in effect from time to time. 

            

            The
              provisions of this Sick Leave section are subject to change in accordance
              with
              Cavico policies in effect from time to time.

            

            11.
              PERSONAL LEAVE. Ha
              shall
              be entitled to 6 day(s) unpaid time, for personal business or due to
              illness,
              for each year of employment, with the year to be measured using Ha's
              starting
              date as the point of beginning. Personal leave benefits may not be
              converted
              into cash compensation. Ha's rights to unused personal leave benefits
              shall be
              forfeited upon termination of employment. Personal leave may not be
              accumulated
              from year to year; unused benefits shall be forfeited. 

            

            All
              requests for personal days off shall be made by Ha in accordance with
              Cavico
              policies in effect from time to time.

            

            The
              provisions of this Personal Leave section are subject to change in
              accordance
              with Cavico policies in effect from time to time.

            

            12.
              HOLIDAYS. Ha
              shall
              be entitled to the following holidays with pay during each calendar
              year:

            -
              New
              Year's Day

            -
              Memorial Day

            -
              4th of
              July

            -
              Labor
              Day

            -
              Thanksgiving Day

            -
              Christmas Day

            

            The
              provisions of this Holidays section are subject to change in accordance
              with
              Cavico policies in effect from time to time.

            

            13.
              INSURANCE BENEFITS.
              Ha shall
              be entitled to insurance benefits, in accordance with Cavico's applicable
              insurance contract(s) and policies, and applicable state law. These
              benefits
              shall include:

            -
              health
              insurance

            -
              disability insurance

            -
              life
              insurance

            

            The
              provisions of this Insurance Benefits section are subject to change
              in
              accordance with Cavico policies in effect from time to time.

            

            Ha
              shall
              be able to participate in Cavico's pension plan in accordance with
              the plan's
              terms and the requirements of law. 

             

            
              
                
                

              

              
                3

                
                  

                

              

              
                
                

              

            

             

            14.
              TERM/TERMINATION.
              Ha's
              employment under this Agreement shall be for an unspecified term on
              an "at will"
              basis. This Agreement may be terminated by Cavico upon 30 days written
              notice,
              and by Ha upon 30 days written notice. If Ha is in violation of this
              Agreement,
              Cavico may terminate employment without notice and with compensation
              to Ha only
              to the date of such termination. The compensation paid under this Agreement
              shall be Ha's exclusive remedy. 

            

            15.
              TERMINATION FOR DISABILITY.
              Cavico
              shall have the option to terminate this Agreement, if Ha becomes permanently
              disabled and is no longer able to perform the essential functions of
              the
              position with reasonable accommodation. Cavico shall exercise this
              option by
              giving 30 days written notice to Ha.

            

            16.
              COMPLIANCE WITH EMPLOYER'S RULES.
              Ha
              agrees to comply with all of the rules and regulations of Cavico.

            

            17.
              RETURN OF PROPERTY. Upon
              termination of this Agreement, Ha shall deliver to Cavico all property
              which is
              Cavico's property or related to Cavico's business (including keys,
              records,
              notes, data, memoranda, models, and equipment) that is in Ha's possession
              or
              under Ha's control. Such obligation shall be governed by any separate
              confidentiality or proprietary rights agreement signed by Ha.

            

            18.
              NOTICES. All
              notices required or permitted under this Agreement shall be in writing
              and shall
              be deemed delivered when delivered in person or on the third day after
              being
              deposited in the United States mail, postage paid, addressed as
              follows:

            

            

            Employer:

            

            Cavico
              Corp

            Thanh
              Binh Huynh

            Director,
              Head of Compensation Committe

            17011
              Beach Blvd, Suite 1230

            Hatington
              Beach, California 92647 

            

            Employee:

            

            Ha
              Quang
              Bui

            

            Such
              addresses may be changed from time to time by either party by providing
              written
              notice in the manner set forth above.

            

            19.
              ENTIRE AGREEMENT. This
              Agreement contains the entire agreement of the parties and there are
              no other
              promises or conditions in any other agreement whether oral or written.
              This
              Agreement supersedes any prior written or oral agreements between the
              parties.

            

            20.
              AMENDMENT. This
              Agreement may be modified or amended, if the amendment is made in writing
              and is
              signed by both parties.

             

            
              
                
                

              

              
                4

                
                  

                

              

              
                
                

              

            

             

            21.
              SEVERABILITY. If
              any
              provisions of this Agreement shall be held to be invalid or unenforceable
              for
              any reason, the remaining provisions shall continue to be valid and
              enforceable.
              If a court finds that any provision of this Agreement is invalid or
              unenforceable, but that by limiting such provision it would become
              valid or
              enforceable, then such provision shall be deemed to be written, construed,
              and
              enforced as so limited.

            

            22.
              WAIVER OF CONTRACTUAL RIGHT. The
              failure of either party to enforce any provision of this Agreement
              shall not be
              construed as a waiver or limitation of that party's right to subsequently
              enforce and compel strict compliance with every provision of this
              Agreement.

            

            23.
              APPLICABLE LAW. This
              Agreement shall be governed by the laws of the State of California.

            

            

            EMPLOYER:

            Cavico
              Corp

          

        

      

      

      

        
          	
                  By: 
                    

                	
                  
                        
                      

                  

                	 	
                  Date: 

                	
                    

                	 
	
                   

                	
                  Thanh
                    Binh Huynh

                	 	 	 	 
	
                   

                	
                  Director,
                    Head of Compensation Committe

                	 	 	 	 

        

      

      

      

      AGREED
        TO AND ACCEPTED.

      

      EMPLOYEE:

       

      
        

          
            	
                    
                      /s/
                        Ha
                        Quang Bui

                    

                  	 	
                    Date: 

                  	
                        

                  	 
	
                    
                      Ha
                        Quang Bui

                    

                  	 	 	 	 

          

        

         

        
          
            
            

          

          
            5

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