Exhibit 10.6
Employment Agreement
This Employment Agreement (the “Agreement”) is effective on 1 day of March 2025 between Gold Stone Technical Inc. (the “Employer”) and Zhong Zhucheng, Passport Number: EL2084021 (the “Employee”).
Background
WHEREAS, Employer wishes to retain Employee for certain work-related services;
WHEREAS, Employee wishes to render such services to Employer.
NOW, therefore, in consideration of the promises and covenants contained herein, as well as other good and valuable consideration (the receipt and sufficiency of which is hereby acknowledged), the Parties do hereby agree as follows:
1. Type of Employment
The Employee will be employed with the following position: Salary of HKD 50,000 per month will be paid every month before 7th day of the following month.
2. Position
Employer will employ Employee in the following position: Chief Executive Officer (“Position”). The Employer may change these duties and responsibilities during the course of the Employee’s employment.
3. Location & Schedule
EMPLOYER may require the EMPLOYEE to execute his / her duties at such a place as may be indicated by the EMPLOYER.
Your work hours schedule shall be according to the Company’s requirements. Your official working hours shall be as follows, unless amended otherwise:
Monday to Friday, 9:00am to 6:00pm with lunch hours from 12:00nn to 13:30pm.
4. Employment
The terms and conditions of the relationship between Employer and Employee shall be determined by any applicable policies and procedure manuals, employee manuals, or other written governing documents belonging to and utilized by Employer and Employer’s company, as well as by this Agreement. In case of any dispute or conflict between this Agreement and other written policies and/or procedures owned and utilized by Employer or Employer’s company, this Agreement shall govern.
5. Termination
Both Employer and Employee may terminate this Agreement by written notice. Oral notice shall not suffice. The length of termination notice required is as follows:
| Employment Condition | Length of Notice |
| During probation period, within the first month of probation | Not required |
| During probation period, after the first month of probation | Not less than 7 days |
| For a continuous contract with no / after probation period | Not less than 1 month |
Employee may be terminated by the Employer at any time without notice or payment in lieu of notice if Employee:
| ● | where the employer reasonably terminates the employment contract with immediate effect at common law or otherwise; |
| ● | the employer considers that the employee is unable or unwilling to perform his or her duties under reasonable circumstances or the employee is in breach of the terms of the employment contract, employment ordinance, the Code of Conduct, any law or the securities ordinance, or any application for registration has been refused, withdrawn, revoked or terminated resulting in the employee’s inability to perform his duties. |
For the avoidance of doubt, it is hereby stated that the termination of this Employment Contract shall not detract from any rights or obligations expressly stated to remain in force or arising from the termination of this Employment Contract.
For the avoidance of further doubt, the Employee reserves the right to terminate this employment contract irrespective of whether or not any warning letter has been issued to the employee concerned.
6. Holidays & Annual Leaves
The Employee is entitled to public holidays and paid annual leave 18 days per year. Annual leave will be calculated on a pro-rata yearly basis and could be taken after 3 months’ probation period. Except for wages due to the employee but not withdrawn with the consent of the employer. Leave cannot be carried forward to the next year.
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7. Benefits
The Employee is entitled to the following benefits and the paternity leave with paternity leave pay according to the provisions of the Employment Ordinance.
| ● | ☐ Double Pay |
| ● | ☐ Discretionary Bonus (every year before 31st of December subject to Employer’s decision) |
| ● | ☐ Medical Claim |
| ● | ☐ Dental Claim |
8. Sickness Allowance
The Employee is entitled to sick leave benefit under the Employment Ordinance of accrued sick leave. The Employee is required to provide the medical certificate issued by a registered medical practitioner with signature for 1 day sick leave or more.
9. Return of Employer Property
Upon the expiry or termination of this Agreement, the Employee will return to the Employer any property, documentation, records, or Confidential Information which is the property of the Employer.
10. Intellectual Property
Employee hereby covenants and agrees not to release or otherwise disclose any Trade Secret Information, as hereinafter defined, that Employee may have received in the course of the employment. Trade Secret Information includes, but is not limited to, any formula, process, method, pattern, design, or other information that is not known or reasonably ascertainable by the public, consumers, or competitors through which, and because of such secrecy, an economic or commercial advantage can be achieved.
11. Modification of Agreement
No modification of this Agreement shall be valid unless in writing and executed by both Parties.
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Signatures
IN WITNESS OF THIS AGREEMENT the parties have executed this Agreement in duplicate on the date set out at the head of the Agreement.
Signature of Employee:
Zhong Zhu Cheng
Name: Zhong Zhucheng
HKID: EL2084021
Date: 1 March, 2025
COMPANY NAME:
Gold Stone Technical Inc.
Authorized Signature(s)
Name:
Title: Director
Date: 1 March, 2025