Document:

EXHIBIT 10.3

Labor Contract

Party A (Employer )

Name: Zhongshan WINHA Electronic Commerce Company Limited

Address: 3rd Floor, No. 19 Changyi Road, Changmingshui Village Wuguishan Town, Zhongshan City

Zip code: 528458 

 

Party B (Employee)

 

 Name: Zhifei HUANG

 

ID card number: 440621197701300611

Current address: Room 106 , Building 3 , Yangguanghuadi Langyuege, Shiqi District, Zhongshan City

Contact number:   

In accordance with Labor Law of the People's Republic of China, Labor Contract Law of the People's Republic of China and relevant labor laws and regulations, Party A and Party B enter into this labor contract and establish labor relationship on the principle of "legitimacy, fairness, equality and voluntariness, consensus, honesty and credit".

	
I.

	
Types and Duration of the Labor Contract

	
1.1

	
Party A and Party B agreed to take the following second form to determine the duration of the labor contract.

	
(1)

	
The labor contract has no fixed term, and the contract begins to take effect from _Y_M  D.

	
Zhongshan WINHA Electronic Commerce Co., Ltd

	
Build the biggest integrated platform of national folklore industry

	
www.winha.com

	
(2)

	
This contract is a fixed-term labor contract, and it is valid from May 4, 2016 to May 3, 2019.

	
1.2

	
Party A and Party B agreed to take the following first form to determine the probation. (Probation is included in the contract period.)

	
(1)

	
No probation.

	
(2)

	
Probation is valid from_Y   M   D to_Y   M  D.

	
1.3

	
Appointment of recruiting conditions during the probation period: Persons who have the following actions shall be deemed not to meet recruiting conditions and Party A shall have the right not to employ him during the probation period:

	
(1)

	
Forged academic certificate.

	
(2)

	
Forged work experiences, personal resume.

	
(3)

	
Concealment of medical history and injury experiences.

	
(4)

	
Concealment of labor relations and labor disputes with other enterprises.

	
(5)

	
Failure of fulfill the content of work tasks, job responsibilities and job descriptions. (6)Violation of any rules and regulations of the company during the probationary period.

	
(7)

	
Rejection of the temporary tasks assigned by the leader.

	
(8)

	
Failure of working due to non-work-related reasons.

	
II.

	
Work Content and Workplace

	
2.1

	
When signing this contract, Party B agrees that according to the requirement of Party A's work, Party B's operating post (department, type of work or duty) shall be: CEO.

	
Zhongshan WINHA Electronic Commerce Co., Ltd

	
Build the biggest integrated platform of national folklore industry

	
www.winha.com

	
2.2

	
Party B shall complete the required quantity, quality, index and tasks according to the requirements of Party A for the tasks and responsibilities of the corresponding positions; Party B shall ensure that its work shall meet the standard of duties stipulated by Party A; if there is any demand, Party B should also complete the arranged temporary work besides the work of the job.

	
2.3

	
According to the operation situation, work performance and ability manifestation of Party B, Party B's long leave, other reasons really needed, Party A can change or adjust the position and work content of Party B.

	
2.4

	
Party B's workplace is Zhongshan WINHA Electronic Commerce Co., Ltd. Party B can change workplace according to the work needs of Party A.

	
III.

	
Working Hours, Rest and Leave

	
3.1

	
Party B works 8 hours a day.

	
3.2

	
Party B can enjoy the national holidays and the company's special holiday leave, the specific holiday arrangements refer to the annually national statutory holiday arrangements for the implementation.

	
3.3

	
If there is need for work, Party A may arrange Party B to extend Party B's working hours, including working on public holidays and holidays. But the overtime will be no more than the upper limit of total overtime stipulated by the State. Party A shall give the overtime wage or arrange day off in accordance with the relevant system of the State and Party A.

	
3.4

	
Party B shall not require Party A to pay any remuneration for Party B's overtime, if Party B extends its working hours due to failure to complete his work in time or if Party B extends his working hours without Party A' s request or approval.

	
IV.

	
Labor Remuneration

	
4.1

	
The two sides agree that: the monthly basic salary of Party B in probation period is 80%

	
Zhongshan WINHA Electronic Commerce Co., Ltd

	
Build the biggest integrated platform of national folklore industry

	
www.winha.com

of the regular employees; the basic salary after the expiration of the probation period is RMB 9,000 (before tax); overtime pay is calculated based on the normal salary (the salaries in normal working hours do not include the bonus, subsidies, allowances, overtime pay etc).

	
4.2

	
Party A and Party B agreed that Party A shall pay the previous month salary monthly under the date stipulated by the company in cash, bank transfer or other means that Party A thinks which is appropriate. And the pay date can be delayed or advanced in holidays.

	
4.3

	
According to the actual business condition of the company, Party A make a unified stipulation for the standard of wage adjustment, overtime wage, benefits and deduction criteria of leave for personal affairs, sick leave and absenteeism, to which Party B give recognition and acceptance.

	
4.4

	
Party B has the obligation to pay personal income tax and Party A shall withhold in accordance with state regulations.

	
4.5

	
Party A shall adjust the salary standard of Party B in accordance with the actual business condition, rules and regulations, the examining situation of Party B, and the years of working of Party B, reward and punishment records, job changes, but not be less the minimum wage stipulated by the State.

	
V.

	
Social Insurance and Benefits

	
5.1

	
Party A and Party B shall address the social insurance expenses such as pension, occupational injury, medical treatment for employees in accordance with the provisions of laws and regulations. Among which, the part which shall be paid by the enterprises shall be paid by Party A, and the individual payments shall be paid by Party B, which may be withheld by Party A from Party B's salary.

	
5.2

	
After terminating the labor contract, Party A and Party B shall cooperate to handle the transfer procedures of various social insurance of Party B.

	
VI.

	
Labor Discipline and Rules and Regulations

	
Zhongshan WINHA Electronic Commerce Co., Ltd

	
Build the biggest integrated platform of national folklore industry

	
www.winha.com

	
6.1

	
Party B shall be subject to the work arrangement of Party A, strictly abide by the laws and regulations of the country, as well as the rules and regulations, the labor discipline and work specification stipulated by Party A according to the law, take good care of the property of Party A, observe the occupational ethics, actively participate in the training arranged by Party A, and improve professional skills.

	
6.2

	
Each rules and regulations stipulated or modified by Party A according to the law shall be made public to Party B by offering written documents, meetings or training, e-mail and posting up notice to Party B.

	
6.3

	
Party B shall be not engaged in any other occupations or activities that conflicts with Party A's interests and shall keep Party A's trade secrets and intellectual property rights.

	
6.4

	
If Party B's fault or misconduct causes Party A to suffer losses, Party A shall have the right to give Party B disciplinary punishment or rescind this contract, and Party A also has the right to pursue the responsibility of Party B and recover the financial compensation in accordance with the law

VII.Discharge and Termination of Labor Contract

	
7.1

	
The two parties shall discharge or terminate or renew the labor contract in accordance with the relevant laws and regulations of the State, rules and regulations formulated by Party A and the relevant provisions of the local government.

	
7.2

	
If Party A shall pay the economic compensation for Party B due to cancel or terminate the labor contract in accordance with the law, the payment standard of economic compensation shall be implemented in accordance with the relevant provisions of the Labor Contract Law.

	
7.3

	
Once there reach any consensus between both parties, the contract can be terminated accordingly.

	
7.4

	
Part B should cease to do all activities conducted in the name of Party A, and complete the outstanding issues which should be finished in accordance with the requirement of Party

	
Zhongshan WINHA Electronic Commerce Co., Ltd

	
Build the biggest integrated platform of national folklore industry

	
www.winha.com

A, and pay all accounts when the contract is discharged, terminated or expired. Meanwhile, Part B should return all the properties to Part A, including but not limited to:

	
(a)

	
All the original and copies of documents and files about management ,operation and product related to Part A which is kept and used by Party B or within the scope of Part B's control.

	
(b)

	
The suppliers and clients of Part A, and name lists and material of other contact departments and individuals.

	
(c)

	
The software, disk, hard disk and CD which contains the material and information of Part A.

	
(d)

	
The tools ,instruments, equipment and other office tools which have been prepared for Part B.

	
7.5

	
When the contract was canceled or terminated, Party B shall promptly transfer the work in accordance with the company procedures. Except the above agreement, Party B shall also transfer the work in a timely manner in accordance with the separate agreement or Party A 's rules and regulations. Party A shall pay economic compensation to Party B in accordance with law, and pay it after handover.

	
VIII.

	
Other contents agreed upon by both parties

Party A and Party B have agreed to add the following terms and conditions:

	
8.1

	
Company's "Employee Manual" , as the appendix of this contract, has the same legal effect as this contract;

	
8.2

	
Party B shall provide a written notice of change to Party A within 15 days from the date of occurrence of the change of Party B's personal data and other information. Party B shall confirm the current address in the first page of the contract for the party A is the service address to issue the documents, official dispatch, notices and others. If the address is changed, Party B shall notify Party A with written notice, otherwise Party A shall send the

	
Zhongshan WINHA Electronic Commerce Co., Ltd

	
Build the biggest integrated platform of national folklore industry

	
www.winha.com

above documents to Party B to this address, which shall be deemed to delivery completed.

	
IX.

	
Miscellaneous

	
9.1

	
This contract is written in the Chinese and in duplicate, and each party holds one copy.

	
9.2

	
This contract has clearly provided that all the agreements reached by both parties in accordance with the contents of this contract. Since this contract comes into effect, the labor rights and obligations of both parties should be subject to this contract.

Party A:(stamp)

	
Party A:( signature)

	
Party B:( signature)

	
Date: May 4, 2016

	
Date: May 4, 2016

	
Zhongshan WINHA Electronic Commerce Co., Ltd

	
Build the biggest integrated platform of national folklore industry

	
www.winha.comExhibit

EXHIBIT 10.1 
SUMMARY OF COMPENSATION FOR
THE BOARD OF DIRECTORS OF
STEELCASE INC.

     Effective July 12, 2017, non-employee directors are compensated annually as follows. 

Annual Retainers 
	
									
	Type of Compensation
	 
	Director
	 
	Board Chair

	 Board Annual Retainer
	 
	$
	200,000
	

	 
	$
	300,000
	

	     Committee Chair Annual Retainers:
	 
	 
	 
	 

	               Audit Committee
	 
	$
	20,000
	

	 
	 

	               Compensation Committee
	 
	$
	15,000
	

	 
	 

	               Corporate Business Development Committee
	 
	$
	10,000
	

	 
	 

	               Nominating and Corporate Governance Committee
	 
	$
	10,000
	

	 
	 

     Board annual retainers and committee chair annual retainers shall be paid on a quarterly basis in advance, 40% in cash and 60% in either:

		
	•
	Steelcase Inc. Class A Common Stock issued under the Steelcase Inc. Incentive Compensation Plan or

		
	•
	A deemed investment in Steelcase Inc. Class A Common Stock under the Steelcase Inc. Non-Employee Director Deferred Compensation Plan. 

     Each director serving as the member of the Audit Committee (other than the Audit Committee Chair) will receive an additional annual retainer of $5,000, paid on a quarterly basis in advance, in cash.

    Any director compensation that is paid in stock or a deemed investment in Steelcase Inc. Class A Common Stock under the Steelcase Inc. Non-Employee Director Deferred Compensation Plan shall be subject to the expectation that it will be held for the length of Board service.
 
     All shares granted to directors as part of their non-cash director compensation shall be granted in the form of Steelcase Inc. Class A Common Stock, pursuant to the Steelcase Inc. Incentive Compensation Plan. The number of shares of Class A Common Stock to be awarded shall be calculated using the Fair Market Value, as defined in the Steelcase Inc. Incentive Compensation Plan, of such shares on the date on which the quarterly payment is made. 

Expenses 
     All directors (including committee chairs and the Board Chair) will be reimbursed for out-of-pocket expenses incurred to attend Board and committee meetings, paid in cash. 
  
Payments 
     Payments (of cash and stock) shall be made on or about the 10th day of the month of March, June, September and December. 

Deferred Compensation Plan 
     Each non-employee director can participate in the Steelcase Inc. Non-Employee Director Deferred Compensation Plan. Under this plan, directors may defer all or part of their retainer and/or committee fees until they no longer serve on the Board of Directors. A participating director may elect to have the deferred amount deemed as an investment in Steelcase Inc. Class A Common Stock or invested in any of several investment funds. 

Outside Director Benefit Plan 
     Each non-employee director who is not a retiree of the Company is also eligible to participate in the Steelcase Benefit Plan for Outside Directors which provides health, vision and group travel accident benefits. 

Employees and Officers 
     Members of the Board of Directors who are employees or officers of the Company or any of its subsidiaries do not receive any compensation for serving on the Board of Directors or any committees thereof.

Last revised on July 12, 2017

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