SEC Contract Filing

Filing Date: 2024-09-20

Document Content:
<DOCUMENT>
<TYPE>EX-10.8
<SEQUENCE>5
<FILENAME>ea021502401ex10-8_sbcmed.htm
<DESCRIPTION>EXECUTIVE EMPLOYMENT AGREEMENT BETWEEN SBC MEDICAL GROUP HOLDINGS AND YOSHIYUKI AIKAWA, DATED SEPTEMBER 17, 2024
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"><B>Exhibit 10.8</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Executive Employment Agreement</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">Dated as of 17th September, 2024</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">[Yoshiyuki Aikawa]</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">This Executive Employment
Agreement (the &ldquo;Agreement&rdquo;) dated as of the date first set forth above (the &ldquo;Effective Date&rdquo;) is entered into
by and between SBC Medical Group Holdings Incorporated, a Delaware corporation (the &ldquo;Company&rdquo;) and Yoshiyuki Aikawa (the &ldquo;Executive&rdquo;).
The Company and Executive may collectively be referred to as the &ldquo;Parties&rdquo; and each individually as a &ldquo;Party&rdquo;.</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">WHEREAS, the Company now desires
to employ the Executive as the Chief Executive Officer of the Company and the Executive desires to serve in such capacities on behalf
of the Company, in each case subject to the terms and conditions herein;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">NOW, THEREFORE, in consideration
of the promises and of the mutual covenants and agreements hereinafter set forth, and for other good and valuable consideration, the receipt
and sufficiency of which is hereby acknowledged, the Company and the Executive hereby agree as follows:</P>

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<TD STYLE="text-align: justify; width: 0.25in"></TD><TD STYLE="text-align: justify; width: 0.25in">1.</TD><TD STYLE="text-align: justify"><U>Employment</U>.</TD></TR></TABLE>

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<TD STYLE="text-align: justify; width: 0.75in"></TD><TD STYLE="text-align: justify; width: 0.25in">(a)</TD><TD STYLE="text-align: justify"><U>Term</U>. The term of this Agreement (the &ldquo;Initial Term&rdquo;) shall begin as of the Effective
Date and shall end on the earlier of (i) the first (1<SUP>st</SUP>) annual anniversary of the Effective Date and (ii) the time of the
termination of the Executive&rsquo;s employment in accordance with Section 2(e). The Initial Term and any Renewal Term (as defined below)
shall automatically be extended for one or more additional terms of one (1) year each (each a &ldquo;Renewal Term&rdquo; and together
with the Initial Term, the &ldquo;Term&rdquo;), unless either the Company or Executive provides notice to the other Party of their desire
to not so renew the Initial Term or Renewal Term (as applicable) at least thirty (30) days prior to the expiration of the then-current
Initial Term or Renewal Term, as applicable. Executive&rsquo;s employment with the Company shall be &ldquo;at will,&rdquo; meaning that
either Executive or the Company may terminate Executive&rsquo;s employment at any time and for any reason, subject to Section 3. Any contrary
representations that may have been made to Executive are superseded by this Agreement.</TD></TR></TABLE>

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<TD STYLE="text-align: justify; width: 0.75in"></TD><TD STYLE="text-align: justify; width: 0.25in">(b)</TD><TD STYLE="text-align: justify"><U>Duties</U>. The Company hereby appoints Executive, and Executive shall serve, as the Chief Executive
Officer of the Company and as the Chief Executive Officer of SBC Medical Group Co., Ltd., a wholly owned subsidiary of the Company, and
shall report to the Board of Directors of the Company (the &ldquo;Board&rdquo;). The Executive shall have such duties and responsibilities
as are consistent with Executive&rsquo;s position with the Company. In addition, the Executive shall perform all other duties and accept
all other responsibilities incident to such position as may reasonably assigned to Executive by the Board.</TD></TR></TABLE>

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