Attached files
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| EX-10.1 - DIRECTOR AGREEMENT BETWEEN THE COMPANY AND MICHAEL MARKS - CHINA YIDA HOLDING, CO. | f8k091212ex10i_chinayida.htm |
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): September 12, 2012
CHINA YIDA HOLDING, CO.
(Exact name of registrant as specified in its charter)
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Delaware
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000-26777
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50-0027826
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(State or other jurisdiction of incorporation)
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(Commission File Number)
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(I.R.S. Employer Identification Number)
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28/F Yifa Building
No. 111 Wusi Road
Fuzhou, Fujian, P. R. China
(Address of principal executive office) (Zip Code)
Registrant’s telephone number, including area code: +86 (591) 2830 8999
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2.below):
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13c-4(c))
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Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangement of Certain Officers.
On September 12, 2012, China Yida Holding Co. (“we” or the “Company”) entered into a director agreement with Michael Marks for a period of one year commencing from June 10, 2012. We agree to pay to Mr. Marks a cash compensation of RMB 300,000, or approximately $48,000, per year payable on a quarterly basis. Additionally, we will reimburse Mr. Marks for pre-approved reasonable business related expenses incurred in the meeting and other activities which is in good faith in the performance of independent director’s duties for the Company and approved by the Company in advance.
Michael Marks has been a director of the Company since June 2009.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits
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Exhibit No.
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Description
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10.1
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Director Agreement between the Company and Michael Marks
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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CHINA YIDA HOLDING, CO.
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Dated: September 13, 2012
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By:
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/s/Minhua Chen
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Name: Minhua Chen
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Title: Chief Executive Officer
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