LABOR CONTRACTLabor Contract • August 22nd, 2005 • eFuture Information Technology Inc. • Services-computer programming services • Beijing
THIS LABOR CONTRACT (“Labor Contract”) made as of April 9, 2005, is entered into by and between QICHENG YANG (the “Employee”) and e-FUTURE (BEIJING) TORNADO INFORMATION TECHNOLOGY INC., a Chinese corporation, with an address at 3/F, Tower E2, Orient Plaza, No. 1 East Chang An Avenue, Dong Cheng District, Beijing 100738, People’s Republic of China (the “Company”).
TRANSLATION OF SHARE TRANSFER AGREEMENT OF E-FUTURE (BEIJING) TORNADO INFORMATION TECHNOLOGY, INC.Share Transfer Agreement • August 22nd, 2005 • eFuture Information Technology Inc. • Services-computer programming services
With regard to the share transfer of E-Future (Beijing) Tornado Information Technology, Inc., Mr. Dafu Zou and Mr. Junfeng Li agree as follows:
TRANSLATION OF SHARE TRANSFER AGREEMENT OF HAINAN E-FUTURE COMPUTER CO., LTD.Share Transfer Agreement • August 22nd, 2005 • eFuture Information Technology Inc. • Services-computer programming services
Based on principal of voluntariness and equality, the Transferor agrees to transfer his 25% equity interests, or capital contribution of RMB375,000, of Hainan E-Future Computer Co., Ltd. to the Transferee at the price of RMB75,000. All rights and obligations of the Transferor as the shareholder shall be rescinded, while the transferee shall undertake such rights and obligations as of today.
TRANSLATION OF SHARE TRANSFER AGREEMENT OF HAINAN E-FUTURE COMPUTER CO., LTD.Share Transfer Agreement • August 22nd, 2005 • eFuture Information Technology Inc. • Services-computer programming services
Based on principal of voluntariness and equality, the Transferor agrees to transfer his 75% equity interests, or capital contribution of RMB1,125,000, of Hainan E-Future Computer Co., Ltd. to the Transferee at the price of RMB225,000. All rights and obligations of the Transferor as the shareholder shall be rescinded, while the transferee shall undertake such rights and obligations as of today.
