Attached files
file | filename |
---|---|
10-K/A - FORM 10-K/A - Shengtai Pharmaceutical, Inc. | v307941_10ka.htm |
EX-31.2 - EXHIBIT 31.2 - Shengtai Pharmaceutical, Inc. | v307941_ex31-2.htm |
EX-32.1 - EXHIBIT 32.1 - Shengtai Pharmaceutical, Inc. | v307941_ex32-1.htm |
EX-31.1 - EXHIBIT 31.1 - Shengtai Pharmaceutical, Inc. | v307941_ex31-1.htm |
EX-32.2 - EXHIBIT 32.2 - Shengtai Pharmaceutical, Inc. | v307941_ex32-2.htm |
EX-10.8 - Shengtai Pharmaceutical, Inc. | v307941_ex10-8.htm |
2011 Employment Agreement Amendment
Pursuant to People’s Republic of China Labor Law, People’s Republic of China Labor Contract Law and their rules promulgated thereunder, Party A and Party B hereby reach agreement as follows:
I. | Party B agrees that Party A shall adjust Party B’s employment compensation and position according to Party B’s performance and Party A’s operational needs. |
II. | To increase Party A’s cash flow and for future development, Party B agrees to waive the compensation for the employment as Chief Financial Officer of Shengtai Pharmaceuticals, Inc. in the United States. Party B is entitled to the compensation for the employment in China, totaling RMB 90,000 ($ 13,923). |
III. | This Amendment is a part of the Employment Agreement dated July 1, 2009 with same legal effect. |
IV. | This Amendment becomes effective upon execution and shall be made two copies. Each Party shall keep one copy. |
Party A
Weifang Shengtai Pharmaceuticals Co., Ltd.
Date: June 30, 2011
Party B
Yongqiang Wang
Date: June 30, 2011