EMPLOYMENT CONTRACT ("Contract"), between Asia Payment Systems (Hong Kong) Limited, a wholly-owned subsidiary
of Cardtrend International Inc. (formerly known as Asia Payment Systems Inc.), a Nevada corporation with its common stock
currently quoted on the NASD OTC with the symbol CDTR (hereinafter called “CARDTREND”), having business office at Suite
7A, Carfield Commercial Buildind, 75, Wyndham Street, Central, Hong Kong (hereinafter called “The Company”), and Li Xiang
(Miss), a Chinese with I/D No. 352103197808042528, residing at Room 1407 S4 Tianlangmingju, Zhongshandadao Road,
Guangzhou, China (hereinafter called "Li").
WHEREAS, The Company wishes to engage the services of Li as Head of Finance - China and Hong Kong of The Company,
WHEREAS, Li is willing to provide her services and to undertake the duties and responsibilities described below and other
duties and responsibilities as may be assigned to by the Company from time to time during the term of this Contract which shall
commensurate with the rank of a head of a department in a subsidiary or associated company of The Company and to enter into
this Contract for such period upon the terms and conditions hereinafter set forth.
NOW, THEREFORE, in consideration of the mutual covenants and conditions herein contained, all prior contracts between the
parties are waived and of no further effect, and the parties to this Contract agree as follows:
E MPLOYMENT Contract
The Company shall contract with Li, and Li shall serve the Head of Finance, China and Hong Kong during the term of
employment set forth in Paragraph 2 of this Contract .The Company and other subsidiaries, associated companies and
affiliates of CARDTREND are engaged in the Asia and Middle East regions, in providing payments and loyalty rewards
products to consumers and payments processing services to banks and corporate clients.
The term of this Contract shall be for a period