Employment
Agreement
Aihua Hu
This EMPLOYMENT
AGREEMENT (“Agreement”), dated June 27, 2007 is by and
between Shanghai Aohong Chemical Co. Ltd. (“Aohong”),
and Aihua Hu (“Hu” “EMPLOYEE).
WHEREAS, the
EMPLOYEE desires to work with Shanghai Aohong Chemical Co. Ltd. and
Shanghai Aohong Chemical Co. Ltd. desires to engage the services of
the Employee under the terms and conditions set forth
herein.
NOW, THEREFORE,
in consideration of the premises and the mutual covenants and
agreements contained herein, the parties hereto agree as
follows:
1.
Title.
The Employee’s title for his new position
at Shanghai Aohong Chemical Co. Ltd. will be CEO as of the date
this Agreement is signed and thereafter, so long as the Employee is
associated with Shanghai Aohong Chemical Co. Ltd. as an
Employee.
2.
Duties.
The Employee will be in charge of our operations
as it relates to Shanghai Aohong Chemical Co. Ltd. The
Employee agrees to devote all of his/her time and efforts to the
performance of his duties as an Employee of Shanghai Aohong
Chemical Co. Ltd. The Employee also agrees that he/she
will advise Shanghai Aohong Chemical Co. Ltd of other business
pursuits outside of Shanghai Aohong Chemical Co. Ltd.
A.
The Employee shall receive an annual
compensation of $16,000 .
B.
Bonus Compensation: Shanghai Aohong
Chemical Co. Ltd. shall in it own discretion award the Employee
with additional forms of compensation. This additional
compensation will be awarded in the sole discretion of Shanghai
Aohong Chemical Co. Ltd. and may be in the form of securities or
cash.
C.
The Employee shall entitle to
purchase 1,000,000 shares of common stock of Sense Holdings, Inc.
(“SEHO”) at $0.20/per share during his
tenure.
4.
Term.
The term of the
employment agreement shall be for a period of 60 months from the
date of hire. The date of hire should be from June 27,
2007 through June 27, 2012.
5.
Representations and
Warranties. The Employee hereby represents warrants and
agrees that: (i) In charge of the business operation and all other
daily management of Shanghai Aohong Chemical Co. Ltd. (ii) he/she
has required the necessary approval to be engaged by Shanghai
Aohong Chemical Co. Ltd. (iii) all statements, representations and
warranties made by him/her in the pre hire questionnaire in
connection with his/her
