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Labor Contract between Chinese and Foreign Joint Venture
Article 1. Intention
The parties hereto, namely the Chinese joint venture Party, represented by Mr. Zhang, and the foreign joint venture Party, represented by Ms. Liu, desire to enter into the following labor contract concerning their mutual relations in working activities.
Article 2. Position
The Chinese joint venture Party shall appoint Mr. Zhang as their employer to supervise the work of the foreign joint venture Party. The foreign joint venture Party shall appoint Ms. Liu as their employee to work under the supervision of the Chinese joint venture Party.
Article 3. Term of Contract
The term of this Contract shall commence on the first day of April 2019 and shall terminate on the last day of March 2021. Either party may terminate the Contract at any time upon a 30 days written notice to the other party.
Article 4. Responsibilities
Upon executing of this Contract, Ms. Liu shall be entitled to make all work-related decisions, including but not limited to the management of the foreign joint venture Party’s employees, setting goals and performance targets, purchasing and procurement of raw materials, equipment, and other necessary goods for the foreign joint venture Party’s business operations. Mr. Zhang shall be responsible for providing guidance and support to Ms. Liu. Ms. Liu shall report to Mr. Zhang on the progress of her tasks from time to time and shall follow the instructions given by Mr. Zhang as necessary.
Article 5. Fees
Ms. Liu shall be paid a monthly salary of RMB 8,000 according to the Labor Law of People’s Republic of China, which includes statutory social insurance fee and personal income tax. In the event either party breaches the provisions of this Contract, the breaching party shall indemnify the other for any damages, direct and indirect, caused therefrom.
Article 6. Insurance and Benefits
In accordance with the Labor Law of People’s Republic of China and the collective agreement, Ms. Liu shall be entitled to the statutory social insurance benefits, including endowment insurance, medical insurance, work-related injury insurance and unemployment insurance, etc.
Article 7. Dispute Resolution
In the event of any disputes between the Parties during the term of this Contract, the Parties shall follow the procedures required by the Labor Law of People’s Republic of China to resolve the dispute.
Article 8. Miscellaneous
This Contract shall be executed in duplicate and both copies shall be considered as original. This Contract shall be governed by the laws of People’s Republic of China.
In witness whereof, the parties hereto signed this agreement on this the 30th day of April, 2019.
Party of Chinese joint venture
Party of foreign joint venture
