Replies to post #23362 on HARTCOURT - Germany/Europe (HRCT)

[Chinaente]

Die CFO ist richtig billig ! Nur 24K im Jahr ;-)

On August 11, 2008, the Board of Directors of the Company appointed Ms. Rachel Zhang to be the Chief Financial Officer, effective August 11, 2008. Ms. Zhang will be employed part time in this capacity. Ms Zhang’s compensation is $2,000 per month.

Dafür bekommt Victor immerhin 150K im Jahr !

On September 1, 2008, The Company signed the new employment contract with Mr. Victor Zhou. The compensation includes an annual base salary of $150,000, payable by equal monthly installment of $12,500 cash. In addition, Mr. Zhou was granted stock options with exercise price of $0.03. The stock option vesting schedule is as following.

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7,500,000 stock options vested pro rata over 2 years of the employment contract period.
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3,000,000 stock options vested upon each successful new business acquisition of the Company.
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3,000,000 stock options vested upon each full profitable year.