PERFECTENERGY INTERNATIONAL
LIMITED
EMPLOYMENT
AGREEMENT
This EMPLOYMENT AGREEMENT (the
“Agreement”) is entered into on January 16, 2009 by and
between Perfectenergy International Limited, a Nevada corporation
(the “Company”) and Diping Zhou
(“Executive”).
RECITALS
WHEREAS, the Company is a corporation duly organized and
existing under the laws of the State of Nevada;
WHEREAS, the Executive is an individual who has served as
the Company’s Vice President of Operations under an
employment agreement with the Company’s indirect wholly owned
subsidiary, Perfectenergy (Shanghai) Limited, a company organized
under the laws of the People’s Republic of China
(“Subsidiary”), dated September 1, 2005 (the
“Subsidiary Agreement”);
WHEREAS, the Subsidiary Agreement expired on September 1,
2008;
WHEREAS, the Executive continues to serve as the
Company’s Vice President of Operations;
WHEREAS, the Company and the Executive desire to
memorialize the terms and conditions of the Executive’s
continued services as the Company’s Vice President of
Operations under a new employment agreement with the
Company.
AGREEMENT
NOW, THEREFORE, in consideration of the mutual promises,
covenants, and conditions contained herein, the parties agree as
follows:
1.
Renewal of Terms of
Subsidiary Agreement . The mutual promises,
covenants, and conditions contained in the Subsidiary Agreement
(defined above under “Recitals”) shall continue to be
in force under the term of this Agreement, except as provided
herein.
2.
Effective Date .
The effective date of this Agreement shall be September
2, 2008 (the
