PetroChina Co. Ltd. Contracts
Sample Business Contracts
Performance Contract - PetroChina Co. Ltd. and Chengzao Jia
Employment Forms
- Employers can customize an employment agreement that states the salary, benefits, working hours and other important provisions for their new or existing employee.
- Answer simple questions to build a contract with a consultant. Specify the services rendered, when payment is due, as well as IP rights.
- Employers who compensate their sales employees based on commissions can prepare an agreement to reduce misunderstandings by specifying the base salary and how commissions are calculated.
- Companies may offer their business executives a contract that is different from the one provided to their regular employees. Executive employment agreements may be more complex because the compensation structure may include a combination of salary and commissions, provide for bonuses based on sales, stock or other financial targets, and include non-compete, confidentiality and severance provisions.
- Independent sales representatives offer companies the potential to increase the sale of products or services without the burden of increasing headcount. Both parties should understand how commissions are calculated, when commissions will be paid, as well as how the representative will treat confidential information from the company and whether the representative may also sell a competing line of products or services.
- More Employment Agreements
YEAR 2003 PERFORMANCE CONTRACT WITH CHIEF GEOLOGICAL ENGINEER OF PETROCHINA COMPANY LIMITED AND PRESIDENT OF EXPLORATION AND DEVELOPMENT INSTITUTE <TABLE> <S> <C> <C> Offeree: Name: JIA, Chengzao Offeror: Name: CHEN, Geng Term of the Contract: January 1, 2003 to December 31, 2003 Title: Chief Geological Engineer of PetroChina Company Title: President of PetroChina Limited ("PetroChina") and President of Date of Execution: January 18, 2003 Exploration and Development Institute ("Institute") </TABLE> <TABLE> <CAPTION> INDICES KEY PERFORMANCE INDICES WEIGHT MEASUREMENT TARGET ACTUAL (KPI) PERFORMANCE ------------------------------------------------------------------------------------------------------------------------------------ <S> <C> <C> <C> <C> <C> Profits Indices Rate of return of the invested 20% % 8.38 capital of PetroChina (ROIC) Net income of PetroChina (NI) 20% In thousand RMB 34,280 ------------------------------------------------------------------------------------------------------------------------------------ Operating Indices Performance rate of the oil 20% % 100 and gas reserves control plan ------------------------------------------------------------------------------------------------------------ Rate of reserves replacement 20% % 102 ------------------------------------------------------------------------------------------------------------------------------------ Operating Indices Rate of excellent scientific 10% % 75 projects of the Institute after being inspected in acceptance tests Rate of scientific products 10% % 80 which have been put into application ------------------------------------------------------------------------------------------------------------------------------------ </TABLE> Signature of Offeree: /s/ JIA CHENGZAO Signature of Offeror: /s/ CHEN GENG ------------------ ---------------