Document:

Exhibit 10.1

 

Translation of Employment Agreement for
Zhengyu Wang

 

Party A: Zhejiang Forest Bamboo Technology, Ltd.

 

Party B: Wang Zhengyu

 

Contract Period: 2011-1-1- to 2016-1-1

 

Salary: 20,000/monthly; 300,000/yearly

 

Position: Chairman

 

Terms for amending or terminating the Agreement:

 

1. The Agreement may be
amended upon the occurrence of the following: (i) the Company’s converting and adjusting of the production task prevents
the continuation of the Agreement; (ii) Mr. Wang is determined not competent for the position after a Company evaluation; and (iii)
the Agreement cannot be performed due to force majeure or other law, regulations or polices.

 

The Company shall not
require Mr. Wang to perform tasks beyond what is required in the Agreement unless: a natural disaster or accidents affects the
Company’s normal operations, or the Company’s operating conditions require a temporary job transfer within the Company.

 

2. Termination of the
Agreement by the Company: (i) Mr. Wang’s failure of a Company evaluation during the trial period; (ii) Mr. Wang seriously
violates the regulations or company policies of the Company; (iii) Mr. Wang’s dereliction of duty causes major damages for
the Company; or (iv) Mr. Wang is convicted of a crime.

 

Under the following circumstances
the Company needs to provide written notice to Mr. Wang prior to terminating the Agreement: (i) due to Mr. Wang’s health
condition, he cannot continue to perform his job; (ii) Mr. Wang shows incompetence even after extra training or a job transfer;
(iii) any condition precedent that the Agreement was based on doesn’t exist anymore and an agreement cannot be reached to
change the terms of the Agreement; (iv) the Company files for bankruptcy or is in the process of filing for bankruptcy; and (v)
the Company’s operating condition meets the government’s standards of “Enterprises in Operation Difficulty.”

 

Under the following circumstances
the Company may not terminate the Agreement: (i) prior to the expiration of the Agreement’s term; (ii) occupational hazards
or work related injuries prevent Mr. Wang from working; (iii) Mr. Wang is forced to recover from a work related injury; or (iv)
Mr. Wang is on paternity leave.

 

Under the following circumstances
Mr. Wang can terminate the Agreement: (i) at any time during the trial period; (ii) he is physically forced by the Company to perform
the job; (iii) he is not paid pursuant to the terms of the Agreement; or (iv) the Company’s poor work conditions causes Mr.
Wang health problems.

 

    	 

    	 

    

 

Under the following circumstances
Mr. Wang may terminate the Agreement upon 30 days’ notice to the Company: (i) with Company’s prior consent, (ii) upon
Mr. Wang’s acceptance to an academic program; (iii) Mr. Wang has legitimate reasons for a reasonable job flow; or (iv) Mr.
Wang decides to relocate outside of China.

 

Under the following circumstance
Mr. Wang may not terminate the Agreement: (i) he is the lead responsible person for a major technology research project, major
construction project and the projects have not yet been completed; (ii) during the term of confidentiality, (iii) Mr. Wang is involved
in confidential assignments; (iv) Mr. Wang is under an ongoing criminal investigation; or (v) Mr. Wang is under Company probation.

 

The Agreement can be terminated
with both parties’ consent without violating the nation’s and the society’s interest.

 

If needed, the Agreement
may be renewed.

 

Social insurance and welfare: 

 

Both parties will participate in pension insurance.
The Company will pay for Mr. Wang’s insurance for work-related injuries, and will follow applicable law regarding health
insurance.

 

Mr. Wang will be entitled to vacations, family
visit, bereavement, and maternal leaves.

 

Responsibility for breaching the Agreement:
any party that breaches the Agreement shall take full lawful responsibility; no party shall bear any responsibility if it is a
force majeure that causes the termination of the Agreement; and any party who causes loss to the other party will pay compensation
accordingly.

 

Other terms:

 

Mr. Wang shall be subject to confidentiality
restrictions.

 

Both parties agree that the labor compensation
indicated in this Agreement includes Non-compete compensation.

 

Any disputes between two parties can be brought
up to the Arbitration Commission or even to the People’s Court.

 

Mr. Wang’s travel for study abroad,
visits or oversea exhibits will be paid by the Company and Mr. Wang shall serve the Company for at least two years after returning
from such trips before leaving his employment or Mr. Wang is required to reimburse the Company for training costs.Exhibit 10.2

 

Translation of Employment Agreement for
Ningfang Liang

 

Terms: As part-time Chief Financial Officer, Mr. Liang
will be responsible for preparing the Company’s financial statement as of December 31, 2012 based on US GAAP before any private
financing is in place as well as helping with the US auditing for the Company’s last three fiscal years. He shall also be
responsible for the quarterly financial report as of March 31 of 2013 and help the Company to complete a US auditing review. He
shall be responsible for preparing the quarterly and yearly reports as well as drafting the Management Discussion and Analysis
section in any F-1/S-1 registration statement and responsible for answering the questions and comments related to the registration
statement from Securities and Exchange Commission. He shall be responsible for answering questions from investors and investment
banks; conducting a roadshow on behalf of the Company; after the listing of securities, and with the consent from both parties,
Mr. Liang shall be named the full time CFO and will be responsible for annual reports on Form 10-k and quarterly reports on Form
10-Q and shall work with the US auditors for review of the Company’s financial condition. He shall be responsible for drafting
the Management Discussion and Analysis section in the Forms 10-k, F-1 and/or S-1 and shall be responsible for negotiating with
the investors and any investment bank during subsequent financings as well as conducting a road show on behalf of the Company.

 

Mr. Liang shall help the Company to amend financial statements
as required due to the different understanding of US GAAP, and such adjustment and delay in filing will not be Liang’s liability.

 

Salary: while Mr. Liang is a part time CFO he shall be
paid 5, 000 US dollars per month; when full-time, his yearly salary will not be lower than 90,000 US dollars and he shall be provided
with stock options. The Company will pay for all traveling expenses and business cost related to the financing.

 

The contract can be terminated anytime with 30 days’ notice
in written form.

 

The contract is good for one year.

 

The Agreement was signed on 03-07-2013Exhibit 10.3

 

Translation of Employment Agreement with
Zaihu Chen

 

Party A: Zhejiang Forest Bamboo Tech
Ltd.

 

Party B: Chen Zaihu

 

Effective:  2013- 06-30

 

Position: General Manager of the Carbon
Materials Sector and the Technology Director; Mr. Chen will be in charge of technology research and development, and will be planning
and implementing the new products development along with arrangement and supervising; Mr. Chen will be in charge of the filing
and inspection of the Company’s technology projects; and Mr. Chen will fully lead the production, technology and marketing
of the charcoal materials projects.

 

Salary: the basic annual salary for
Mr. Chen is 500,000 yuan which is paid monthly; each year there will be a 5% increase in the annual salary. A payment equal to
1% of the sales of super activated carbons will be made to Mr. Chen as a bonus at the end of the year. Mr. Chen’s technical
equivalent share will be 150,000 yuan, and he will receive such amount at the end of the first quarter of 2008. Mr. Chen’s
employee share will be 150,000 which amount will be paid by the Company first and then offset from the 1% commission bonus mentioned
above. During the term of the Agreement, Mr. Chen will not receive any other types of payment or subsidies from the Company.

 

Change or Termination of the Agreement:

 

Under the following circumstances, the Agreement
can be amended or terminated: (i) there is force majeure that prevents the performance of the Agreement; (ii) any law or regulations
prevents the performance of the Agreement; (iii) anticipated technology developed by Mr. Chen doesn’t meet the expected goals
a third party's technology has to be applied by the Company, with both parties agreement. The Company shall not ask Mr. Chen to
perform tasks beyond what is required in the Agreement , except upon a natural disaster or accident that affects the Company’s
normal operations or which requires a job transfer.

 

Under the following circumstances the Company
can terminate the Agreement with a written notice 30 days in advance: (i) if Mr. Chen violates the labor disciplines and was dismissed
as a party member; (ii) Mr. Chen’s dereliction of his duty causes damages for the Company; (iii) Mr. Chen is convicted of
a crime; and (iv) due to health issues, Mr. Chen cannot perform his tasks or not qualified for transferring.

 

Under the following circumstances Mr. Chen
can terminate the Agreement with a written notice 30 days in advance: (i) if the work environment and conditions provided by the
Company do not meet the applicable law; (ii) the Company delays or is unable to pay Mr. Chen regularly without any reasonable cause;
(iii) the Company operates a separate similar business which violates Mr. Chen’s interest and the applicable law allows Mr.
Chen to terminate the contact before expiration.

 

Social insurance and welfare/benefits:
Both parties will participate in pension and pay such obligations on time. Mr. Chen’s work schedule shall be 8 hours a day,
6 days a week, and he will enjoy all holidays, family visit, paternity leave, etc.

 

Responsibility for breaching the employment
Agreement: any party who causes the discontinuation or termination of the Agreement due to his or its fault will take full
lawful responsibility; no parties shall bear any responsibility if it is a force majeure that causes the termination of the Agreement;
and any party who causes loss to the other party will pay compensation accordingly.

 

    	 

    	 

    

 

Other Terms

 

Mr. Chen shall be subject to confidentiality
restrictions. Both parties agree the labor compensation includes non-compete compensation. The shares in the Company owned by Mr.
Chen cannot be sold or transferred during the 5-year term of the Agreement. Mr. Chen’s patent rights and intellectual property
owned by him shall be provided to the Company for free and without any extra charge. New technology that is produced during the
term of the Agreement by Mr. Chen shall belong to the company.

 

Liquidated Damages: any party that terminates
the Agreement without cause shall pay the other party 2,000,000 yuan as compensation.

 

Any disputes between the parties can brought
before the Arbitration Commission or even to the People’s Court.

 

The Agreement was executed on 2008-1-1.

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