VITOL ENERGY COMPANY NETHERLANDS

KP Van der Mandelelaan 130 Rotterdam, 3062 MB Netherlands.

Phone: +31-635259135
This agreement is made and entered in the Netherlands Labor Union Law
EMPLOYMENT CONTRACT AGREEMENT BOND
Between
VITOL ENERGY BV, NETHERLANDS
AND

-- -- -- -- -- -- -- --
[Hereinafter known and called the Foreign Worker]
____________________________________________________________________________

Our company’s’ law firm representative take pride in representing only two Immigration classes: The Economic Class
(professional/skilled workers, government approved Immigrant investor program, entrepreneurs and self-employed) and the Family
Class (Netherlands, Holland, Canada , USA , Australia & New Zealand permanent residents or citizens wishing to sponsor a relative for
permanent residence in New Zealand or Australian). Our law firm is led by Barrister Mark Manhire who has over 25 years experience
with Canada , USA , Australia Australian and New Zealand Immigration law.
______________________________________________________________________________________________________________________

WHEREAS: Incorporated under the Netherlands Employment Law and the Labor Union Law, the both parties willing to go into
a joint arrangement for mutual benefits of the terms , conditions and purpose here in after stated:

I, Mr. Scott Adams [MEng], Head- Human Resources of Vitol Energy Netherlands hereby agree
to offer employment with newly employees that consents to all that is written below in this
Memorandum of Understanding and Contract Agreement Bond.

JOB ASSIGNMENT AND WAGE:

The Employer hereby engages with Employee, if employee agrees to work for the Employer at
monthly salary of 13,500 Euro (Thirteen Thousand, Five Hundred Euro) monthly after deducting taxes.

SALARY AND ALLOWANCE: Employer shall pay the employee a net sum of 13,500 Euro
(Thirteen Thousand, Four Hundred Euro) monthly after deducting taxes which will be received
on 27th of every month. There will be a 20% salary increment annually. The salary breakdown is as
stated below:
Basic Salary: 9,500 Euro
Medical Allowance: 1100 Euro
Dearness Allowance: 700 Euro
Conveyance Allowance: 1000 Euro
Performance Bonus and Special Allowance: 1,200
NET PAY: 13,500 Euro monthly.
CONTRACT PERIOD: The contract period shall be for duration of three [3] or five [5] years and
will be renewed only if employer is satisfied with employee’s service. This shall be in effect from
the day of she/he commences duty.
TERMINATION UPON NOTICE: Notwithstanding any other provision contained herein, Employee’s
employment with the Company is terminable immediately at the will of either the Company or the employee, with
or without cause, upon 30 days written notice from both sides. In cases where Employee provides 30 days notice,
Company has the right to replace Employee at any time during the 30 days and will be responsible to pay wages
only through the last day Employee actually works.

TERMINATION FOR UNFITNESS: In the event the Company determines, in its sole discretion that Employee is
or has become unable or unfit to perform all the usual work in the position for which he/she was hired due in whole
or part to illness, injury or incapacity, Employee’s Agreement shall automatically terminate. For terminations under
this, Employee is entitled to two months wages at the rate of his/her basic rated pay and to the amount of paid
leave accrued, if any, during his/her period of service with the company to the date of termination.

SICK LEAVE AND FAMILY RESPONSIBILITY: If the Employee is unable to work due to any sickness or
injury, the Employee will be entitled to sick leave in accordance with the applicable legislation. The Employee will
furthermore abide by any additional rules implemented by the Employer to regulate sick leave. The Employee is
entitled to family responsibility leave in terms of the applicable legislation. The Employer may require reasonable
proof of the facts that support to the Employee’s request to take such leave.

TICKET AND VISA: Employer shall provide the employee flight ticket and all necessary documents needed to
facilitate the approval and process of employee visa / Work Permit, while employee will be responsible for the
payment of their visa/work permit application fee during their travel documents processing at the Netherlands High
Commission over there in employees country of resident. Employer shall refund the amount employee spent on
visa/work permit processing and pay one month salary in advance when employee visa/working permit and travel
documents is confirmed to have completed before departing his/her home country.

WORKING DAYS AND WORKING HOURS: Working days are from Monday to Saturday. You are entitled to
a-day off per week. Working hours are from 8.00 am to 12.00 pm & 1.00 pm to 5.00 pm. The working hours shall
not exceed 6 to 8 hours a day for 6 days per week

ACCOMODATION: A well-furnished safe and hygienic accommodation including sitting room and
visitor’s room and bedrooms suitable for family will be provided for employee during the term of
contract. The company shall provide excellent educational assistance to staff with family status.
We also provide complete meals for you and family as deemed appropriate along with Life insurance
policy, maximum and efficient security both in work place and housing community.

MEDICAL CARE: Employer provides free medical coverage in the Netherlands for you and family
throughout the contract duration.

VACCATION: Employee shall be authorized for six weeks fully paid vacation annually during the term of
contract, which can be used at the employee discretion after duly informing and receiving approval from the
respected department.

MATERNITY AND CHILD CARE LEAVE: You will be entitled to the maternity leave as per Netherlands law.
Employee need to provide a letter from the doctor. Maternity leave will be on a fully paid leave as long as the
employee has served for a minimum of 90 days before the date of first confinement.

HOLIDAYS AND LEAVE: Annual leave of 30 days shall be allowed by the Employer for the Employee when
completed one year employment with regular pay sum of 13,500 Euro.

OVERTIME: If the Employee works more than the 8 normal working hours or on weekend beyond the
regular work day, the Employee shall be paid extra for overtime by the Employer at the rate of 60 Euro
per hour (not less than the minimum rate set by the Local Labor Law).
If the Employee works on holidays, the Employee shall be paid extra for Overtime by the Employer at
the rate of 70 Euro per hour (not less than the minimum rate set by the Local Labor Law).

VISA, WORK RESIDENT PERMIT: Employee shall in no circumstance ask the Immigration services or
company to deduct the fee for paper work of visa, work/resident permit papers from their first month
salary. Note that 200% monthly salary, flight ticket as well as other monetary benefits will be issued to
employee only when they must have completely processed their Visa, Work/Resident permit papers and
travel documents from the Embassy. We have signed a contract agreement with the Embassy for easy
acquisition of employee travelling documents as readiness by employee to join the team. If you agree
with the company terms and condition, kindly sign it and send it to back for immediate documentation.

ATTESTATION: Please confirm your acceptance of the above terms and conditions by signing on
the lower right hand side and returning to us the duplicate copy of this letter at the earliest once you
receive this agreement document.

Employer’s Name: Mr. Scott Adams [MEng], Employees Name _______________

Sign: Sign: _________________________

Designation: Head- Human Resources. Date: _________________________

ENTIRE AGREEMENT: This agreement embodies the entire understanding of the parties hereto and any prior
arrangements or representation is hereby superseded.

THIS IS AN IMPORTANT LEGAL AGREEMENT. READ IT CAREFULLY BEFORE SIGNING

Employee acknowledges his/her responsibility to read this Agreement, understand its contents and adhere
to all of its provisions. Employee understands and agrees that the Collective Bargaining Agreement
(“CBA”) between the Company and Employee attached hereto is incorporated into and made part of this
Agreement and is binding on Employee and Company. Employee acknowledges his/her responsibility to
read this Agreement, understand its contents, and adhere to all of its provisions. Employee is not signing
this Agreement under duress of any kind. Employee acknowledges that he/she has had the opportunity to
examine the Agreement and seek any advice on it before signing. Employee affirms that he/she accepts
and will abide by each and every provision of this Agreement, but not limited to, the Guaranteed Monthly
Wage, Governing Law and Arbitration provisions contained therein. Employee acknowledges and accepts
that the Guaranteed Monthly Wage includes all or some overtime. Employee agrees to abide by all other
written or oral rules, regulations, policies and procedures of Company and/or the Affiliated Companies
and/or any on which he/she is assigned, whether set forth in this Agreement or elsewhere.

The parties agree that this Agreement is entered into and agrees to receive this Agreement in printed or
electronic form and that an electronic scan, copy or facsimile of this Agreement consisting of four pages
and its attachments shall be as valid as the original and that Employee has received a full copy of this
Agreement .

Employee agrees that Company’s retention of a paper or electronic copy of this Agreement shall only be
deemed conclusive and irrefutable evidence that Employee received and signed this Agreement.
 EMPLOYEES ACCEPTANCE AND ACKNOWLEDGEMENT

I………………………………………… have read and understood the above terms &

conditions of the Memorandum of Understanding and Contract Agreement Bond and
hereby affix my signature in acceptance of same.

CONTRACT EMPLOYMENT ACCEPTANT BOND

I, Mr. /Mrs. /Ms……………………………………………………………………………

Of (NATIONALITY): ……………………… And PASSPORT NUMBER ……………..

Hereby covenant/ undertake/agree that throughout the duration of my employment, I shall not
divert any contract/business of the company to myself or any other person or company.
I shall not engage while under the employment of the company in any business that conflicts
company/business or any other rival or conflicting business with the company either alone or
in collaboration with other person while I am still under the employment of the company.

That during the continuance of my employment with the company and for the period of my
appointment I will not engage in any employment or divulge any information which came to
my knowledge in the course of carrying out my duty or reveal any trade secret(s) to another
company or person(s) who engage in rendering same services or production within the same
locality with the company except with the written consent/permission of the company.

SIGNED BY:

Mr. Scott Adams [MEng],

Head - Human Resources,
Vitol Energy Company,
Rotterdam- Netherlands.
Phone: +31-635259135.

EMPLOYEES NAME & ACCEPTANCE

SIGNED BY: …………………………… SIGN: ……………………DATE: …………………

This Agreement was Drafted and Revised by BARR. Mark Manhire ASS. (Esq.) (BA) LLM,
WITS.(Soliciting Partner, Netherlands, Holland, Canada, USA, Australia & New Zealand
Immigration Foreign Worker Affairs.