Exhibit 10.5
March 5, 2003
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Dear ▇▇. ▇▇▇▇▇▇,
▇▇▇▇▇ ▇▇▇▇▇ and ▇▇ ▇▇▇▇ of Sino Pharmaceuticals Corp. have agreed to enter into
a consultancy agreement with ▇▇▇▇▇▇ ▇▇▇▇▇▇ for the period of six months
beginning March 5th 2003 and ending September 5th 2003, with a review after
three months thereof to ascertain continuation of this agreement.
As per our discussion, the compensation will be $3000.00 U.S. dollars payable at
the end of every month beginning April 5, 2003. ▇▇▇▇▇▇ ▇▇▇▇▇▇ will provide
advice and best effort to assist in assembling data that will enable Sino
Pharmaceuticals Corp. to proceed to the partnering stage of your development.
Business conducted on behalf of Sino Pharmaceuticals Corp. requiring ▇▇▇▇▇▇
▇▇▇▇▇▇ to incur travel expenses will be treated and billed separate from this
agreement with prior approval from ▇▇▇▇▇ ▇▇▇▇▇ and/or ▇▇ ▇▇▇▇.
If you are in agreement with what has been stated, please sign below and return
the original to me.
/s/____________________________ Date Signed: March 5 , 2003
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On behalf of Sino Pharmaceuticals Corp.
/s/____________________________ Date Signed: March 5 , 2003
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On behalf of Sino Pharmaceuticals Corp.
/s/____________________________ Date Signed: March 5 , 2003
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