Company: APM
Filing Date: 2025-04-30
Form Type: 20-F
Source: 0001213900-25-037669
Chunk: 183

Company: Aptorum Group Ltd
Filing Date: 2025-04-30
Form: 20-F
Item: Item 6
Chunk 183
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 not have any age limit
requirements relating to our director’s term of office.

Our Memorandum and Articles
also provide that our directors may be removed by the directors or ordinary resolution of the shareholders, and that any vacancy on our
Board of Directors, including a vacancy resulting from an enlargement of our Board of Directors (which shall not exceed any maximum number
stated therein), may be filled by ordinary resolution or by vote of a majority of our directors then in office.

Employment Agreements

We have entered into agreements
with our executive officers. Each of our executive officers is employed for a specified time period, which will be renewed upon both parties’
agreement. We may terminate the employment for cause, at any time, without notice or remuneration, for certain acts of the executive officer,
including but not limited to the commitments of any serious or persistent breach or non-observance of the terms and conditions of the
employment, conviction of a criminal offense, willful disobedience of a lawful and reasonable order, fraud or dishonesty, receipt of bribery,
or severe neglect of his or her duties.

Each executive officer has agreed to hold, both during and after the
employment agreement expires, in strict confidence and not to use or disclose to any person, corporation or other entity without written
consent, any confidential information. Each executive officer has also agreed to assign to our group all his or her all inventions, improvements,
designs, original works of authorship, formulas, processes, compositions of matter, computer software programs, databases, mask works,
concepts, and trade secrets.

D. Employees

As of the date of this annual
report, we have 1 full-time employees. Of these, 1 full-time are engaged in general and administrative functions. As of the date of this
annual report, all of our employees are located in Asia. In addition, we have engaged and may continue to engage 8 independent contracted
consultants and advisors to assist us with our operations. None of our employees are represented by a labor union or covered by a collective
bargaining agreement. We have never experienced any employment related work stoppages, and we consider our relations with our employees
to be good.

E. Share Ownership

The following table sets forth
information with respect to the beneficial ownership, within the meaning of Rule 13d-3 under the Exchange Act, of our Ordinary Shares
as of the date of this annual report.

  each of our directors and executive officers who beneficially own