EXHIBIT 10.1
EMPLOYMENT CONTRACT
THIS EMPLOYMENT CONTRACT is made on the 1st day of October,
2006.
BETWEEN:
WEALTHCRAFT SYSTEMS LIMITED ("Employer")
AND:
KELLY JAY MICHAEL TALLAS ("Employee")
WHEREAS
A. The
Employer offers to employ the Employee in the position of CHIEF
EXECUTIVE OFFICER.
B. The
Employee has agreed to serve in that position.
Therefore the parties agree as follows:
1.
POSITION
The Employer shall employ the Employee and the Employee shall serve
the
Employer in the position set out above on the terms and
conditions set
out in this Agreement.
2.
COMMENCEMENT
The
Employee shall commence her employment with the Employer on 1
OCTOBER, 2006.
3.
DUTIES AND RESPONSIBILITIES
The Employee shall perform her duties and responsibilities diligently
and efficiently.
The Employee shall carry out all reasonable
instructions provided
from time to time by
the Employer.
The duties
shall include without limitation:
(a) The
Employee shall devote her full time,
attention,
skill and
ability to the
discharge of her
duties, and shall use
her best
efforts to promote and protect the interests of the Employer.
(b) The Employee
shall not, during the term of her employment, engage
in any activity that in the opinion of the Employer, is contrary
to, detracts
from, or is not in the best interests of the
business of the Employer.
(c) The
Employee shall comply with all reasonable and lawful
instructions that may
be given by the Employer from time to time
and shall at all times give to the Employer all such information
and assistance as it may require in connection with its
business.
(d)
The Employee
shall not, without the prior written approval of the
Employer,
disclose to
any person, firm, association or
corporation other than
the directors,
officers or employees
of
the Employer, the
private or business affairs of the Employer or
its affiliated
companies, or any
other information of a private
or confidential nature
concerning the Employer or its affiliated
companies, which,
by virtue of her
position or otherwise,
the
Employee may obtain during the term of her employment under this
Agreement.
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4.
REMUNERATION
The Employee shall be paid as follows:
(a) The
Employer shall pay the Employee a gross
monthly salary of
HK$25,000. In
addition, the
Employee shall be entitled to the
Employers'
contribution to the
Employee's Mandatory
Provident
Fund (MPF). The
Employee shall
receive her net pay on
the LAST
DAY OF EACH MONTH after deduction for MPF or any other
