Document:

CONSULTING
      AGREEMENT

     

    This
      Consulting Agreement (the “Agreement’) is dated as of May 8, 2008 (the
“Effective Date”) by and between Applied Wellness Corporation (the “Company”),
      and Igor Litovsky (“Consultant”).

     

    RECITALS:

     

    WHEREAS,
      the
      Company desires to engage the services of the Consultant for the purpose of
      performing consulting services on behalf of the Company, and the Consultant
      agrees to perform such services, subject to the terms and conditions contained
      herein.

     

    NOW,
      THEREFORE,
      in
      consideration of the foregoing premises and other good and valuable
      consideration, the receipt and sufficiency of which are hereby acknowledged,
      the
      Company and the Consultant hereby agree as follows:

     

    1.
       Services.
      Company
      hereby engages and Consultant agrees to serve the Company as an independent
      contractor providing business development, financial consulting, strategic
      planning, and other valuable services to the Company. Notwithstanding anything
      to the contrary in this Agreement, the parties agree that such services shall
      not include services related to capital-raising transactions or the direct
      or
      indirect maintenance or promotion of a market for the Company’s securities. At
      all times the method of performing the specific duties designated by the Company
      or otherwise required or permitted hereunder shall be within the control of
      the
      Consultant. Consultant acknowledges and agrees that he shall be an independent
      contractor and shall not be an “employee” of the Company for any purpose.
      Consultant acknowledges that he shall provide his on welfare benefits and that
      the Company shall not provide any welfare benefits to Consultant. Consultant
      shall be solely responsible for the payment of all foreign, federal, state
      and
      local sales taxes, use taxes, value added tax, withholding taxes, income tax,
      unemployment and workers’ compensation insurance premiums, and similar taxes and
      charges of any kind with respect to his compensation and the services provided
      under this Agreement.

     

    2.  Term
      and Termination.
      The
      term of this Agreement shall begin on the Effective Date and terminate one
      year
      after the Effective Date; provided, however, that this Agreement may be
      terminated at any time by either party upon thirty days’ written notice to the
      other party.

     

    3.
       Compensation.
      In
      consideration of the services to be rendered by the Consultant during the term
      hereof, the Company shall issue to Consultant, 100,000 restricted
      shares
      of the Company’s common stock, as soon as practicable following the Effective
      Date and 100,000 shares of the Company’s unrestricted
      common
      stock as soon as practicable, which the Company expects to be around June 23,
      2008.

     

    4.
       Certain
      Federal Securities Law Matters.
      Consultant acknowledges that he is aware that the federal securities laws
      prohibit any person who has received from an issuer material, non-public
      information concerning the issuer from purchasing or selling securities of
      such
      issuer or from communicating such information to any other person hider
      circumstances in which it is reasonably foreseeable that such person is likely
      to purchase or sell such securities. Consultant acknowledges receipt of and
      agrees to abide by the Company’s insider trading policy.

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    5.  Nondisclosure
      of Proprietary Information.
      Consultant acknowledges that he has received or may receive information relating
      to the Company’s and any of its affiliates’ assets, operations, clients, and
      past, present, and future businesses, including without limitation developments,
      technical data, intellectual property, specifications, designs, ideas, product
      plans, research and development, personal information, financial information,
      customer lists, business methods and operations, strategic plans. marketing
      plans and pricing information, all of which are proprietary to the Company
      and
      involve trade secrets, know-how, techniques, and combinations of known
      information of a character regarded by the Company as confidential, as well
      as
      other information that the Company has indicated to be confidential or which,
      by
      the nature of the information or the circumstances of its disclosure, Consultant
      ought reasonably to consider confidential (all of the foregoing, collectively,
      the “Proprietary Information”). The Proprietary Information does not include
      information which (i) at the time it is disclosed by the Consultant was already
      in the public domain; (ii) is subsequently published or publicly disclosed
      by
      persons other than Consultant through no fault of Consultant; (iii) is
      subsequently acquired by Consultant from a third party having no obligation
      of
      confidentiality toward the Company with respect to such information; or (iv)
      is
      known to Consultant at the time of disclosure, provided that Consultant shall
      have the burden of establishing such prior knowledge by competent written proof.
      If Consultant is compelled by law to disclose Confidential Information, he
      shall
      use his best efforts to give the Company ten (10) days prior written notice
      of
      compelled disclosure and shall limit such disclosure to the extent legally
      possible.

     

    Consultant
      agrees that Consultant will not disclose, either during the term of this
      Agreement or at any time after termination of this Agreement, any Proprietary
      Information to any person or entity, except in the course of Consultant’s duties
      on behalf of the Company or with the Company’s consent, and that, similarly,
      without the Company’s consent, will not use such information for the benefit of
      any person or entity other than the Company at any time. Consultant agrees
      that
      upon termination of this Agreement, Consultant will deposit with or return
      to
      the Company all copies (in any media, including, without limitation, electronic
      storage media) of documents, records, notebooks or any other information or
      documentation of the Company’s Proprietary Information, and all derivatives
      thereof, whether the Proprietary Information or documentation was developed
      or
      prepared by Consultant or by others. Consultant acknowledges that this covenant
      of nondisclosure is an integral term of this Agreement and is given in
      consideration of the engagement of Consultant and the other consideration
      granted in this Agreement.

     

    6.
       Company’s
      Representations.
      Company
      represents and warrants that it is free to enter into this Agreement and to
      perform each of its terms and covenants. Company represents and warrants that
      it
      is not restricted or prohibited, contractually or otherwise, from entering
      into
      and performing this Agreement and that its execution and performance of this
      Agreement is not a violation or breach of any other agreements between Company
      and any other person or entity. The Company represents and warrants that this
      Agreement is a legal, valid and binding agreement of the Company, enforceable
      in
      accordance with its terms.

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    7.  Consultant
      Representations.
      Consultant represents and warrants that he is free to enter into this Agreement
      and to perform each of its terms and covenants. Consultant represents and
      warrants that he is not restricted or prohibited, contractually or otherwise,
      from entering into and performing this Agreement, and that his execution and
      performance of this Agreement is not a violation or breach of any other
      agreement between Consultant and any other person or entity. The Consultant
      represents and warrants that this Agreement is a legal, valid and binding
      agreement of the Consultant, enforceable in accordance with its
      terms.

     

    8. 
      Multiple Counterparts.
      This
      Agreement may be executed in counterparts, each of which for all purposes is
      to
      be deemed an original, and all of which constitute, collectively, one
      agreement.

     

    9.  Severability
      and Savings Clause.
      If any
      one or more of the provisions contained in this Agreement is for any reason
      (i)
      objected to, contested or challenged by any court, government authority, agency,
      department, commission or instrumentality of the United States or any state
      or
      political subdivision thereof, or any securities industry self-regulatory
      organization (collectively, “Governmental Authority”), or (ii) held to be
      invalid, illegal or unenforceable in any respect, the parties hereto agree
      to
      negotiate in good faith to modify such objected to, contested, challenged,
      invalid, illegal or unenforceable provision. It is the intention of the parties
      that there shall be substituted for such objected to, contested, challenged,
      invalid, illegal or unenforceable provision a provision as similar to such
      provision as may be possible and yet be acceptable to any objecting Governmental
      Authority and be valid, legal and enforceable. Further, should any provisions
      of
      this Agreement ever be reformed or rewritten by a judicial body, those
      provisions as rewritten will be binding, but only in that jurisdiction, on
      Consultant and the Company as if contained in the original Agreement. The
      invalidity, illegality or unenforceability of any one or more provisions hereof
      will not affect the validity and enforceability of any other provisions
      hereof.

     

    10.  Successors;
      Assignment.
      This
      Agreement and the rights and obligations under this Agreement shall be binding
      upon and inure to the benefit of the parties to this Agreement and their
      respective successors and permitted assigns. Neither this Agreement nor any
      rights or benefits under this Agreement may be assigned by either party to
      this
      Agreement without the other party’s prior written consent.

     

    11.
       Entire
      Agreement; Amendment.
      This
      Agreement supersedes any and all other agreements, either oral or in writing,
      between the parties with respect to the engagement of the Consultant by the
      Company (including any previously executed agreement that has not been fully
      performed by both parties), and contains all of the covenants and agreements
      between the parties with respect thereto. This Agreement can only be amended
      by
      the parties in writing, executed by the party against whom enforcement of any
      modifications may be sought.

     

    12. 
      Governing Law.
      This
      Agreement will be governed by and construed in accordance with the substantive
      laws of the State of California without regard to conflict of law
      provisions.

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    13. 
      Notices.
      All
      notices or other communications which are required or permitted hereunder shall
      be in writing and sufficient if (i) personally delivered, (ii) sent by
      nationally- recognized overnight carrier or (iii) sent by registered or
      certified mail, postage prepaid, return receipt requested, addressed to the
      addresses set forth below each party’s name on the signature page hereto, or to
      such other address as the party to whom notice is to be given may have furnished
      to each other party in accordance herewith. Any such communication shall be
      deemed to have been given (i) when delivered, if personally delivered, (ii)
      on
      the first Business Day (as hereinafter defined) after dispatch, if sent by
      nationally recognized overnight courier and (iii) on the third Business Day
      following the date on which the piece of nail containing such communication
      is
      posted, if sent by mail. As used herein, “Business Day” means a day that is not
      a Saturday, Sunday or a day on which banking institutions in the city to which
      the notice or communication is to be sent are not required to be
      open.

     

    14.
       Third
      Party Beneficiary.
      No
      person, firm, group or corporation is a third party beneficiary of this
      Agreement.

     

    IN
      WITNESS WHEREOF, the parties hereto have executed the Agreement as of the date
      first mentioned above.

     

    
      	
              COMPANY:

            
	
              APPLIED
                WELLNESS CORPORATION

            
	
              By:

            	     

	
              Name:
                Dr. Richard Amy

            
	
              Title:
                CEO

            
	 	 
	
              CONSULTANT:

            
	 
	    

	
              Igor
                LitovskyJune
      30, 2008

    

    Mr.
      Liping Zhu

    Room
      702, Wang Hao Block, Tiyu Road, Taiyuan, Shanxi

    

    Dear
      Mr.
      Zhu:

    

    Puda
      Coal, Inc. (the “Company”)
      is
      pleased to offer you the position of President and Chief Executive Officer
      (“CEO”)
      of the
      Company on a full time basis. The Board of Directors and the management team
      of
      the Company are impressed with your credentials and we look forward to your
      future success in this position.

     

    The
      terms
      of your new position with the Company are as set forth below:

     

    1. Position.

     

    (a)
      You
      will become the President and CEO of the Company, working out of the Company’s
      headquarters office in Taiyuan City, Shanxi Province, China. You
      will
      report to the board of directors of the Company (the “Board”)
      and
      perform such services incident to your position as provided in the bylaws of
      the
      Company or as the Board may direct.

     

    (b)
      You
      agree to the best of your ability and experience that you will at all times
      loyally and conscientiously perform all of the duties and obligations required
      of and from you pursuant to the express and implicit terms hereof, and to the
      reasonable satisfaction of the Company. During the term of your employment,
      you
      further agree that you will devote all of your business time and attention
      to
      the business of the Company, the Company will be entitled to all of the benefits
      and profits arising from or incident to all such work, services and advice,
      you
      will not render commercial or professional services of any nature to any person
      or organization, whether or not for compensation, without the prior written
      consent of the Company, and you will not directly or indirectly engage or
      participate in any business that is competitive in any manner with the business
      of the Company. Nothing in this letter agreement will prevent you from accepting
      speaking or presentation engagements in exchange for honoraria or from serving
      on boards of charitable organizations, or from owning no more than one percent
      (1%) of the outstanding equity securities of a corporation whose stock is listed
      on a national stock exchange.

     

    2. Start
      Date.
      Subject
      to fulfillment of any conditions imposed by this letter agreement, you commence
      this new position with the Company on June 25, 2008 (the “Start
      Date”).
      

     

    3. Compensation.
      You
      will
      be paid a monthly salary of $6,428.60, which is equivalent to $77,143 on an
      annualized basis (the “Base
      Salary”).
      Your
      salary will be payable monthly
      pursuant
      to the Company’s regular payroll policy. In addition, you will be entitled to an
      annual bonus of $22,857, payable as soon as practicable after the completion
      of
      the Company’s fiscal year, December 31; provided that during the first year of
      your employment, you will receive the amount of bonus that is proportionate
      to
      the time you have served at the Company. You will only receive the annual bonus
      if you are still employed by the Company on the last day of the Company’s fiscal
      year. The Base Salary and annual bonus will be reviewed annually by the Board
      and the compensation committee of the Board as part of the Company’s executive
      compensation review process. You have also been elected by the Board to be
      a
      member of the Board; however, you will not receive any additional compensation
      for your services on the Board. 

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

        Mr.
          Liping Zhu

        June
          30,
          2008

        Page
          2

      

    

     

    4. Benefits.
      

     

    (a) Insurance
      Benefits.
      The
      Company will provide you with the opportunity to participate in the standard
      benefits plans currently available to other Company employees, subject to any
      eligibility requirements imposed by such plans. 

     

    (b) Vacation;
      Sick Leave.
      You
      will
      be entitled to paid time off according to the Company’s standard
      policies.

     

    (c) Expenses
      Reimbursement.
      The
      Company agrees to reimburse you for all reasonable, ordinary and necessary
      expenses properly incurred by you in connection with the performance of your
      duties hereunder, provided that proper vouchers are submitted to the Company
      by
      you evidencing such expenses and the purposes for which the same were incurred.
      

     

    5. Confidentiality
      and Insider Trading.
      You
      hereby acknowledge that your services to be rendered under this letter agreement
      are of a special, unique and extraordinary character and, in connection with
      such services, you will have obtained trade secrets and other non-public
      information concerning the Company, any affiliate of the Company and their
      affairs, including but not limited to the business methods, information systems,
      financial data and strategic plans which are unique assets of the Company or
      any
      affiliate of the Company, as the case may be (“Confidential
      Information”),
      the
      use or disclosure of which would cause irreparable harm to the Company. You
      covenant not to, either directly or indirectly, in any manner, utilize or
      disclose to any person, firm, corporation, association or other entity any
      Confidential Information or engage in any illegal insider trading activities
      during your term and thereafter. You further acknowledge that money damages
      are
      not sufficient remedy for your breach of this letter agreement, and that the
      Company shall be entitled, in addition to any and all other remedies available
      to the Company, to the entry of preliminary injunction as a remedy for such
      breach or contemplated breach without the need to post a bond and without proof
      of actual damages. 

    

    6. Non-Compete;
      Non-Solicitation.
      You
      agree that during your term and for a period of one year commencing on the
      termination of your employment hereunder, you will not without the prior written
      consent of the Company (a) solicit or induce any employee, agent or independent
      contractor of the Company or any affiliate of the Company to terminate his
      relationship with the Company or the Company’s affiliate, or (b) participate in,
      render services to, or become employed by, any business enterprise which is
      engaged in business activities competitive with the business of the Company
      or
      any affiliate of the Company as then conducted or may be determined by the
      Company as potentially competitive with the ongoing business of the Company
      or
      any Affiliate of the Company. 

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

        Mr.
          Liping Zhu

        June
          30,
          2008

        Page
          3

      

    

    

    7. At-Will
      Employment.
      Your
      employment with the Company will be on an “at will” basis, meaning that either
      you or the Company may terminate your employment at any time upon 30 days
      written notice for any reason or no reason, without further obligation or
      liability; provided that if your employment with the Company is terminated
      by
      the Company without “cause,” the Company will pay you a severance payment equal
      to three months Base Salary in effect during the year you are terminated. For
      the purposes of this letter, “cause” shall mean: (i) your repeated failure to
      perform one or more of your essential duties and responsibilities to the
      Company, as determined by the Board in its sole discretion, after 10 day written
      notice to you and a chance to cure; (ii) your failure to follow the lawful
      directives of the Board; (iii) your material violation of any Company policy,
      including any provision of Code of Conduct or Code of Ethics of the Company
      then
      in effect, if any; (iv) your commission of any act of fraud, embezzlement,
      dishonesty or any other willful misconduct that in the reasonable judgment
      of
      the Board has caused or is reasonably expected to result in material injury
      to
      the Company; (v) your unauthorized use or disclosure of any Confidential
      Information of the Company or any other party to whom you owe an obligation
      of
      nondisclosure as a result of your relationship with the Company; (vi) your
      conviction of a felony or misdemeanor (other than a traffic offense); (vii)
      your
      willful breach of any of your obligations under any written agreement with
      the
      Company; (viii) your violation of any duties and responsibilities of a principal
      executive officer under the applicable laws, including but not limited to your
      fiduciary duty to the Company under the laws of the State of Florida and your
      responsibilities under the United States federal securities laws.

     

    8. No
      Conflicting Obligations.
      You
      understand and agree that by accepting this offer of employment, you represent
      to the Company that your performance will not breach any other agreement to
      which you are a party and that you have not, and will not during the term of
      your employment with the Company, enter into any oral or written agreement
      in
      conflict with any of the provisions of this letter agreement or the Company’s
      policies. You are not to bring with you to the Company, or use or disclose
      to
      any person associated with the Company, any confidential or proprietary
      information belonging to any former employer or other person or entity with
      respect to which you owe an obligation of confidentiality under any agreement
      or
      otherwise. The Company does not need and will not use such information and
      we
      will assist you in any way possible to preserve and protect the confidentiality
      of proprietary information belonging to third parties. Also, we expect you
      to
      abide by any obligations to refrain from soliciting any person employed by
      or
      otherwise associated with any former employer and suggest that you refrain
      from
      having any contact with such persons until such time as any non-solicitation
      obligation expires.

     

    9. True
      Disclosure.
      You
      have represented to the Company that (a) your prior work experience is as
      disclosed to the Company in writing and (b) you are not a party to or otherwise
      bound by any order, decree or judgment. 

     

    10. Indemnification.
      The
      Company shall indemnify and defend you and hold you harmless, to the full extent
      allowed by the law of the State of Florida, and as provided by, or granted
      pursuant to, any charter provision of the Company, both as to action in your
      official capacity and as to action in another capacity while holding such
      office, except for matters arising out of your gross negligence or willful
      misconduct. 

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

        Mr.
          Liping Zhu

        June
          30,
          2008

        Page
          4

      

    

     

    11. Entire
      Agreement.
      This
      letter agreement sets forth the entire agreement and understanding between
      you
      and the Company (including any affiliate of the Company) relating to your
      employment and supersedes all prior agreements and discussions between us.
      

     

    12. Amendment.
      This
      letter may not be modified or amended except by a written agreement, signed
      by
      an officer of the Company, although the Company reserves the right to modify
      unilaterally your compensation, benefits, job title and duties, reporting
      relationships and other terms of your employment. 

     

    13. Governing
      Law and Dispute Resolution.
      This
      letter agreement shall be interpreted in accordance with, and the rights of
      the
      parties hereto shall be determined by, the laws of People’s Republic of China
      without reference to its conflicts of laws principles. Any dispute arising
      from
      or in connection with this contract shall be submitted to China International
      Economic and Trade Arbitration Commission (“CIETAC”)
      in
      Beijing for arbitration, which shall be conducted in accordance with CIETAC’s
      arbitration rules in effect at the time of applying for arbitration. The
      arbitral award is final and binding upon both parties. The parties agree that:
      (a) The venue of arbitration is Beijing. The hearing of arbitration may be
      conducted in Beijing or, to the extent permitted by CIETAC’s arbitration rules,
      any other place as agreed on by the parties as the most convenient place; (b)
      The language to be used during the arbitration proceedings should be Chinese;
      and (c) A one-arbitrator tribunal will be appointed jointly by both parties
      and
      the arbitration should follow the ordinary proceeding. In case the parties
      fail
      to jointly appoint the arbitrator, the arbitrator should be appointed by the
      chairman of CIETAC upon the joint authorization of the parties. The parties
      may
      select the arbitrator from the panel of arbitrators provided by CIETAC, and
      to
      the extent permitted by CIETAC’s arbitration rules, from outside of the panel.

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

        Mr.
          Liping Zhu

        June
          30,
          2008

        Page
          5

      

    

    

    We
      are
      all delighted to be able to extend you this offer and look forward to working
      with you. To indicate your acceptance of the Company’s offer, please sign and
      date this letter agreement in the space provided below and return it to me.
      

     

    
      	
              Very
                truly yours,

            	
              ACCEPTED
                AND AGREED:

            
	 	 
	
              PUDA
                COAL, INC.

            	
              LIPING
                ZHU

            
	
              /s/
                Ming Zhao

            	 
	
              By:
                Ming Zhao

            	 
	
              Title:
                Chairman of the Board of Directors

            	
              /s/
                Liping Zhu

            
	 	
              Signature

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