Unassociated Document
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):  March 10, 2010

WUHAN GENERAL GROUP (CHINA), INC.
 
(Exact Name of Registrant as Specified in Charter)

Nevada
(State or Other Jurisdiction
of Incorporation)
001-34125
(Commission
File Number)
84-1092589
(IRS Employer
Identification No.)

Canglongdao Science Park of Wuhan East Lake Hi-Tech Development Zone
Wuhan, Hubei 430200
People’s Republic of China
(Address of Principal Executive Offices, including Zip Code)

Registrant’s telephone number, including area code:  (86) 27-5970-0069


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):

 
¨
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 
¨
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 
¨
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 
¨
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 
 
 

Item 5.02.
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On March 10, 2010, the Compensation Committee of Wuhan General Group (China), Inc. (the “Company”) approved a compensatory plan for Philip Lo, the Chief Financial Officer of the Company.  Mr. Lo will receive a monthly salary of $10,000 and will be reimbursed for all reasonable out of pocket expenses incurred in connection with his services.  Mr. Lo also will be eligible for benefits customarily available to employees in comparable positions with the Company.  In addition, at the discretion of the board of directors, Mr. Lo may receive an option to purchase stock in the Company.

The foregoing summary of Mr. Lo’s compensation is qualified in its entirety by reference to Mr. Lo’s employment agreement, which is filed as Exhibit 10.1 to this Current Report on Form 8-K and incorporated herein by reference.

Item 9.01. 
Financial Statements and Exhibits.
 
(d)           Exhibits

Exhibit 10.1
Employment Agreement between the Company and Philip Lo

 
 
 

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.
 
  Wuhan General Group (China), Inc.  
       
  Date:  March 16, 2010   
     
       
 
By:
/s/ Philip Lo
  
    Name:  Philip Lo  
    Title:  Chief Financial Officer  
       
 
 
 
 
 
EXHIBIT INDEX
Form 8-K

   
Filed
Exhibit
No.
 
Description
 
Herewith
By
Reference
10.1
Employment Agreement between the Company and Philip Lo
X