Attached files
| file | filename |
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| EX-10.2 - SALARY OFFER LETTER - Yanglin Soybean, Inc. | v206569_ex10-2.htm |
| EX-10.1 - EMPLOYMENT AGREEMENT - Yanglin Soybean, Inc. | v206569_ex10-1.htm |
UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
WASHINGTON,
D.C. 20549
FORM
8-K/A
CURRENT
REPORT
Pursuant
to Section 13 or 15(d) of the Securities Exchange Act 1934
Date of
Report (date of earliest event reported): December 14, 2010
YANGLIN
SOYBEAN, INC.
(Exact
name of registrant as specified in charter)
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Nevada
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000-52127
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20-4136884
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(State
of Incorporation)
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(Commission
File No.)
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(IRS
Employer
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Identification
No.)
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NO. 99
FANRONG STREET, JIXIAN COUNTY
SHUANG YA
SHAN CITY
HEILONGJIANG
PROVINCE
CHINA,
155900
(Address
Of Principal Executive Offices) (Zip Code)
(011)
86-469-469300
(Registrant’s
Telephone Number, Including Area Code)
|
(Former
Name or Former Address, is Changed Since Last
Report)
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||
Check the
appropriate box below if the Form 8-K filing is intended to simultaneously
satisfy the filing obligation of the registrant under any of the following
provisions (see General Instruction A.2. below):
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¨
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Written
communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425)
|
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¨
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Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
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¨
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Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
240.14d-2(b))
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¨
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Pre-commencement communications
pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
240.13e-4(c))
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Explanatory
Note
On
December 20, 2010, Yanglin Soybean, Inc. (the “Company”) filed a Form 8-K (the
“Original Report”) to report the resignation of Shaocheng Xu from his position
as Chief Financial Officer of the Company and the appointment of Molan Shangguan
as Chief Financial Officer of the Company. The Original Report did not include
an employment agreement with Ms. Shangguan because she had not yet entered into
an employment agreement with the Company.
Pursuant
to Instruction 2 to Item 5.02, this Form 8-K/A is filed for the purpose of
reporting information required under Item 5.02(c)(3) of Form 8-K. Item 5.02(c)
of the Original Report is hereby amended as follows:
Item 5.02 Departure of Directors or Certain
Officers; Election of Directors; Appointment of Certain Officers; Compensatory
Arrangements of Certain Officers.
Employment
Agreement with Ms. Molan Shangguan
On
December 20, 2010, the Company entered into an employment contract with Ms.
Molan Shangguan (the “Agreement”). Pursuant to the terms of the Agreement, Ms.
Shangguan will serve as the Chief Financial Officer of the Company. The
Agreement has a term of three years, commencing on December 20, 2010 and ending
on December 20, 2013. The Agreement is subject to a three month probation
period, expiring on March 20, 2011, during which either the Company or Ms.
Shangguan may terminate the Agreement at any time. The Company is required to
pay premiums for Ms. Shangguan for pension, unemployment, medical insurance and
other social insurance coverage in accordance with relevant laws of the People’s
Republic of China. The Agreement may be terminated upon mutual agreement of both
parties in writing. In the event of a major change in objective circumstances,
which includes the merger of the Company into another business entity, or the
sale, or transfer by the Company of a substantial portion of its assets to
others, the Company may terminate this agreement upon 30 days prior written
notice. Ms. Shangguan may resign from her position as Chief Financial Officer
and terminate the Agreement upon 30 days prior written notice.
Salary
Offer Letter with Ms. Molan Shangguan
On
December 20, 2010, the Company entered into a Salary Offer Letter with Ms.
Shangguan (the “Offer Letter”). Under the terms of the Offer Letter, Ms.
Shangguan is entitled to receive a monthly salary of RMB12,000.
Item
9.01. Financial Statements and Exhibits
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(d)
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Exhibits:
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No.
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Description
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10.1
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Employment
Agreement by and between Yanglin Soybean, Inc. and Molan Shangguan, dated
as of December 20, 2010
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10.2
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Salary
Offer Letter by and between Yanglin Soybean, Inc. and Molan Shangguan,
dated as of December 20,
2010
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SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the Registrant has
duly caused this report to be signed on its behalf by the undersigned hereunto
duly authorized.
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YANGLIN
SOYBEAN, INC.
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By:
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/s/ Shulin Liu
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Name: Shulin
Liu
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Title:
Chief Executive Officer
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Dated:
December 27, 2010