Company: RETO
Filing Date: 2025-05-09
Form Type: 20-F
Source: 0001213900-25-041195
Chunk: 9

Company: ReTo Eco-Solutions, Inc.
Filing Date: 2025-05-09
Form: 20-F
Item: Item 6
Chunk 9
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 equal to the greater of his annual salary in effect immediately
prior to the termination, or his then current annual salary as of the date of such termination; (2) payment of premiums for continued
health benefits under our health plans for three months following the termination; and (3) immediate vesting of 100% of the then-unvested
portion of any outstanding equity awards held by the executive officer, if any.

The employment agreements
also contain customary restrictive covenants relating to confidentiality, non-competition and non-solicitation, as well as indemnification
of the executive officer against certain liabilities and expenses incurred by him in connection with claims made by reason of him being
an officer of our company.

Employment Agreement with Yue Hu

ReTo Hengda entered into a
standardized labor contract with Ms. Hu on November 20, 2024, pursuant to which Ms. Hu serves as the Chief Financial Officer for a term
from December 1, 2024 to December 31, 2026. Pursuant to the labor contract, Ms. Hu is entitled to an annual compensation of RMB204,000
(approximately $28,045) and social insurance and other employee benefits (including health insurance, vacation and expense reimbursement),
each in accordance with laws in the People’s Republic of China and the Company’s policy. Her employment agreement may be terminated
in accordance with the PRC Labor Contract Law and relevant local regulations in Beijing.

Director Compensation

Officers are elected by and
serve at the discretion of the board of directors. Employee directors do not receive any compensation for their services on the board
of directors. Non-employee directors are entitled to receive $10,000 per year for serving as directors and may receive stock grants pursuant
to our share incentive plans. In addition, non-employee directors are entitled to receive compensation for their actual travel expenses
for each board of directors meeting attended, up to a maximum of $2,000 per meeting and $4,000 per year.

Cash Compensation

During the fiscal year ended
December 31, 2024, we paid an aggregate of approximately RMB291,559 (approximately $40,000) in cash to our non-employee directors.

Equity Awards

During the fiscal year ended
December 31, 2024, an aggregate of 11,000 Class A Shares were issued to our directors pursuant to the 2022 Share Incentive Plan.

See Item 6. E for a description
of