0001019687-06-002249 Sample Contracts

May 31, 2006 Mr. Victor Zhou Suite 1903, No 7, Rongcheng Garden, Rongcheng Road, Shanghai, China 200120 Re: Acting CEO Employment Agreement Dear Mr. Zhou:
Release Agreement • September 28th, 2006 • Hartcourt Companies Inc • Services-business services, nec • California

On behalf of the Board of Directors (“Board”), I am pleased to offer you the position of Acting Chief Executive Officer with The Hartcourt Companies, Inc. (the “Company”). This Employment Agreement sets forth the terms of our offer of employment to you for your approval and agreement.

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August 30, 2006 Mr. Victor Zhou Suite 1903, No 7, Rongcheng Garden, Rongcheng Road, Shanghai, China 200120 Re: CEO Employment Agreement Dear Mr. Zhou:
Hartcourt Companies Inc • September 28th, 2006 • Services-business services, nec • California

On behalf of the Board of Directors (“Board”), I am pleased to offer you the position of Chief Executive Officer with The Hartcourt Companies, Inc. (the “Company”). This Employment Agreement sets forth the terms of our offer of employment to you for your approval and agreement.

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