BEIJING CHENGZHI QIANMAO CONCRETE CO., LTD
CHAIRMAN AND CHIEF EXECUTIVE OFFICER EMPLOYMENT AGREEMENT
THIS AGREEMENT is made as of December 19, 2008, between Beijing Chengzhi
Qianmao Concrete Co., Ltd. (the "Company" , Address: No.3 Fishery yard, South Suburbs Farm, Jiugong
Town, Da Xing District ， Beijing ), a domestic company organized under the law of the People's Republic of
China (the "PRC" ), and Yang Rong ( "Executive" , ID No.: 110107196104151253).
In consideration of the mutual covenants contained herein and other good and valuable
consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto agree as follows:
1. Employment
The Company shall employ Executive, and Executive hereby accepts employment with the
Company, upon the terms and conditions set forth in this Agreement for a period beginning on the date hereof
and ending on the fifth anniversary date (the “Employment Period” ); and this Agreement shall automatically be
renewed on the same terms and conditions set forth herein as modified from time to time by the parties hereto for
additional one-year periods as soon as the expiration of the Employment Period, unless the Company or
Executive gives the other party written notice of the election not to renew the Employment Period at least 30 days
prior to any such renewal date.
2. Position and Duties
(a) During the Employment Period, Executive shall be appointed or seconded to the Company
to serve as the Chairman and Chief Executive Officer and shall have the normal duties, responsibilities, functions
and authority of the Chairman and Chief Executive Officer, subject to the power and authority of the Board of
Directors to expand or limit such duties, responsibilities, functions and authority within the scope of duties,
responsibilities, functions and authority associated with the position of the Chairman and Chief Executive
Officer. During the Employment Period, Executive shall render such administ