Exhibit 10.2



REGISTRATION
RIGHTS AGREEMENT



This Registration Rights Agreement (the
“Agreement”) is made as of September 19, 2014 by and among CIS Acquisition Ltd., a British Virgin Islands company
(including any successor in interest of the Company or other entity that issues Registrable Securities (as defined herein) the
“Company”), and the persons listed on Schedule A attached hereto (each an “Investor,”
and collectively, the “Investors”).



RECITALS



WHEREAS, the Company was incorporated for
the purpose of acquiring, through a stock exchange, asset acquisition or other similar business combination, an operating business;



WHEREAS, on December 18, 2012, the
Investors entered into a Registration Rights Agreement (the “Registration Rights Agreement”) with the
Company pursuant to which, Investors holding a majority of the Registrable Securities are entitled to make a maximum of two
(2) demands that the Company register such Registrable Securities;



WHEREAS, the Company has agreed to acquire
Elite Ride Limited pursuant to certain agreements (the “Acquisition”);



WHEREAS, pursuant to the Stock Purchase
Agreement dated September 16, 2014 relating to the Acquisition (the “Purchase Agreement”), the Company will
be issuing certain of the Company’s ordinary shares (the “Ordinary Shares”) to certain persons; and



WHEREAS, in connection with the Acquisition
and the Purchase Agreement, the Investors and the Company wish to terminate the Registration Rights Agreement and the Investors’
rights to demand registration as provided therein and the Company wishes to grant the Investors certain Piggyback Registration
Rights for the Registrable Securities.



NOW, THEREFORE, in consideration of the
mutual promises and covenants and agreements set forth herein, the Company and the Investors hereby agree as follows:



AGREEMENT



1.           Registration
Rights.



1.1          Definitions.
For purposes of this Section 1:



(a)           Holder.
For purposes of this Section 1 and Section 2 hereof, the term “Holder” or “Holders”
means any person or persons owning of record Registrable Securities and any affiliate or any permitted transferee or assignee of
record of such Registrable Securities; provided, however, that for purposes of this Agreement, a record holder of
any securities convertible or exercisable into such Registrable Securities shall be deemed to be the Holder of such Registrable
Securities.



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(b)           Registration.
The terms “register,” “registered,” and “registration” refer to a registration
effected by preparing and filing a registration statement in compliance with the Securities Act, and the declaration or ordering
of effectiveness of such registration statement.



(c)           Registrable
Securities. The term “Registrable Securities” means: (i) any and all Ordinary Shares (including
Ordinary Shares underlying securities exercisable for or convertible into Ordinary Shares) beneficially owned by the person signatory
hereto on the date hereof as specified on Schedule A hereto (collectively, the “Securities”), (ii) any
securities issued as (or issuable upon the conversion or exercise of any warrant, right or other security which is issued as) a
dividend or other distribution with respect to, in exchange for or in replacement of, the Securities, provided, that any of the
foregoing securities shall cease to be Registrable Securities upon the earliest to occur of the following: (A) a sale pursuant
to an effective Registration Statement (b) a sale pursuant to Rule 144 or any similar provision then in force under the Securities
Act (in which case, only such security sold shall cease to be a Registrable Security); (C) eligibility for sale without current
public information requirements and volume or manner of sale restrictions; or (D) when such securities shall cease to be outstanding.



(d)           Registration
Statement. The term “Registration Statement” shall mean any registration statement of the Company filed
under the Securities Act that covers the resale of any of the Registrable Securities pursuant to the provisions of this Agreement,
amendments and supplements to such Registration Statement, including post-effective amendments, all exhibits and all material incorporated
by reference in such Registration Statement.



(e)           Securities
Act. The term “Securities Act” means the Securities Act of 1933, as amended.



(f)           SEC.
The term “SEC” means the United States Securities and Exchange Commission.



1.2          Piggyback Registrations.
The Company shall notify all Holders of Registrable Securities in writing at least fifteen (15) calendar days prior to filing
any registration statement under the Securities Act for purposes of effecting an offering of securities of the Company (including,
but not limited to, registration statements relating to secondary offerings of securities of the Company, but excluding
registration statements relating to (i) any employee benefit plan or (ii) a corporate reorganization, merger or acquisition)
and will afford each such Holder an opportunity to include in such registration statement all or any part of the Registrable Securities
then held by such Holder. Each Holder desiring to include in any such registration statement all or any part of the Registrable
Securities held by such Holder shall, within seven (7) calendar days after receipt of the above-described notice from the
Company, so notify the Company in writing, and in such notice shall inform the Company of the number of Registrable Securities
such Holder wishes to include in such registration statement. If a Holder decides not to include all of its Registrable Securities
in any registration statement thereafter filed by the Company, such Holder shall nevertheless continue to have the right to include
any Registrable Securities in any subsequent registration statement or registration statements as may be filed by the Company with
respect to offerings of its securities, all upon the terms and conditions set forth herein.



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(a)           Underwriting.
If a registration statement under which the Company gives notice under this Section 1 is for an underwritten offering, then
the Company shall so advise the Holders of Registrable Securities. In such event, the right of any such Holder’s Registrable
Securities to be included in a registration pursuant to this Section 1.2 shall be conditioned upon such Holder’s participation
in such underwriting and the inclusion of such Holder’s Registrable Securities in the underwriting to the extent provided
herein. All Holders proposing to distribute their Registrable Securities through such underwriting shall enter into an underwriting
agreement in customary form with the managing underwriter or underwriter(s) selected by the Company for such underwriting. Notwithstanding
any other provision of this Agreement, if the managing underwriter(s) determine(s) in good faith that marketing factors require
a limitation of the number of shares to be underwritten, then the managing underwriter(s) may exclude shares (including Registrable
Securities) from the registration and the underwriting, and the number of shares that may be included in the registration and the
underwriting shall be allocated, first, to any person that exercised demand registration rights in connection with such
registration, second, the Company, and third, to all holders of Company securities having piggyback registration
rights (including Holders of Registrable Securities) requesting inclusion of their securities in such registration statement on
a pro rata basis based on the total number of securities for which registration was requested. If any Holder disapproves of the
terms of any such underwriting, such Holder may elect to withdraw therefrom by written notice to the Company and the underwriter,
delivered at least ten (10) business days prior to the effective date of the registration statement. Any Registrable Securities
excluded or withdrawn from such underwritten offering shall be excluded and withdrawn from such registration.



(b)           Company
Termination of Registration. The Company reserves the right to terminate any registration under this Section 1.2 at any time
and for any reason without liability to any Holder.



1.3          Expenses.
All expenses incurred in connection with each registration, including without limitation, all registration and qualification fees,
printers’ and accounting fees, and fees and disbursements of counsel for the Company, costs associated with clearing the
Registrable Securities for sale under applicable state securities laws, listing fees, and the Holders’ reasonable expenses
in connection with the registration, (but excluding underwriters’ discounts and commissions and fees and expenses for counsel
to the Holders), shall be borne by the Company.



1.4          Obligations
of the Company. Whenever required to effect the registration of any Registrable Securities under this Agreement, the Company
shall, as expeditiously as reasonably possible:



(a)           provide
copies to and permit counsel designated by the Holders to review each Registration Statement and all amendments and supplements
thereto no fewer than five (5) calendar days prior to their filing with the SEC;



(b)           furnish
to the Holders such number of copies of a prospectus, including a preliminary prospectus, in conformity with the requirements of
the Securities Act, and such other documents as they may reasonably request in order to facilitate the disposition of the Registrable
Securities owned by them that are included in such registration;



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(c)           use
its best efforts to register and qualify the Registrable Securities covered by such Registration Statement under such other securities
laws of such jurisdictions as shall be reasonably requested by the Holders, provided that the Company shall not be required in
connection therewith or as a condition thereto to qualify to do business or to file a general consent to service of process in
any such jurisdictions;



(d)           in
the event of any underwritten public offering, enter into and perform its obligations under an underwriting agreement, in usual
and customary form, with the managing underwriter(s) of such offering (it being understood and agreed that, as a condition to the
Company’s obligations under this clause (d), each Holder participating in such underwriting public offering shall also
enter into and perform its obligations under such an agreement);



(e)           as
soon as reasonably practicable (but within at least one business day) notify each Holder of Registrable Securities covered by such
Registration Statement at any time when a prospectus relating thereto is required to be delivered under the Securities Act of the
happening of any event as a result of which the prospectus included in such Registration Statement, as then in effect, includes
an untrue statement of a material fact or omits to state a material fact required to be stated therein or necessary to make the
statements therein not misleading in the light of the circumstances then existing, and the Company shall as soon as reasonably
practicable prepare and file with the SEC an amendment or supplement such prospectus in order to cause such prospectus not to include
any untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the
statements therein not misleading in the light of the circumstances then existing; and



(f)           use
commercially reasonable efforts to cause all Registrable Securities covered by a Registration Statement to be listed on each securities
exchange, interdealer quotation system or other market on which similar securities issued by the Company are then listed.



1.5          Furnish
Information. the Company may require each selling Holder to furnish to the Company information regarding such Holder and the
distribution of such Registrable Securities as is required by law or the SEC to be disclosed in such Registration Statement, prospectus,
or any amendment or supplement thereto, and the Company may exclude from such registration the Registrable Securities of any such
Holder who unreasonably fails to furnish such information within a reasonable time after receiving such request.



1.6          Indemnification.
In the event any Registrable Securities are included in a registration statement under Section 1.2 hereof:



(a)           By
the Company. the Company will indemnify and hold harmless each Holder and its partners, officers and directors, employees and
agents, successors and assigns and each other person, if any, who controls such Holder within the meaning of the Securities Act
of, any underwriter (as defined in the Securities Act) for such Holder and each person, if any, who controls such Holder or underwriter
within the meaning of the Securities Act or the Securities Exchange Act of 1934, as amended (the “Exchange Act”),
against any losses, claims, damages, or liabilities (joint or several) to which they may become subject under the Securities Act,
the Exchange Act or other federal or state law, insofar as such losses, claims, damages, or liabilities (or actions in respect
thereof) arise out of or are based upon any of the following statements, omissions or violations (collectively a “Violation”):



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(i)           any
untrue statement or alleged untrue statement of a material fact contained in any Registration Statement, including any preliminary
prospectus or final prospectus contained therein or any amendments or supplements thereto;



(ii)         the
omission or alleged omission to state therein a material fact required to be stated therein, or necessary to make the statements
therein not misleading; or



(iii)        any
violation or alleged violation by the Company of the Securities Act, the Exchange Act, any federal or state securities law or any
rule or regulation promulgated under the Securities Act, the Exchange Act or any federal or state securities law in connection
with the offering covered by such registration statement;



and the Company will reimburse each such Holder, partner, officer
or director, underwriter or controlling person for any legal or other expenses reasonably incurred by them in connection with defending
any such loss, claim, damage, liability or action; provided, however, that the indemnity agreement contained in this
subsection 1.6(a) shall not apply to amounts paid in settlement of any such loss, claim, damage, liability or action if such
settlement is effected without the consent of the Company (which consent shall not be unreasonably withheld), nor shall the Company
be liable in any such case for any such loss, claim, damage, liability or action to the extent that it arises out of or is based
upon a Violation which occurs in reliance upon and in conformity with written information furnished expressly for use in connection
with such registration by such Holder, partner, officer, director, underwriter or controlling person of such Holder specifically
for inclusion in such Registration Statement or prospectus or amendment or supplement thereto.



(b)           By
Selling Holders. Each selling Holder, severally but not jointly, will indemnify and hold harmless the Company, each of its
directors, each of its officers who have signed the registration statement, each person, if any, who controls the Company within
the meaning of the Securities Act, any underwriter against any losses, claims, damages or liabilities (joint or several) to which
the Company or any such director, officer, controlling person, underwriter may become subject under the Securities Act, the Exchange
Act or other federal or state law, insofar as such losses, claims, damages or liabilities (or actions in respect thereto) arise
out of or are based upon any Violation, in each case to the extent (and only to the extent) that such Violation occurs in reliance
upon and in conformity with written information furnished by such Holder under an instrument duly executed by such Holder specifically
for inclusion in such Registration Statement or prospectus or amendment or supplement thereto; and each such Holder will reimburse
any legal or other expenses reasonably incurred by the Company or any such director, officer, controlling person, underwriter or
other Holder, partner, officer, director or controlling person of such other Holder in connection with defending any such loss,
claim, damage, liability or action; provided, however, that the indemnity agreement contained in this subsection
1.6(b) shall not apply to amounts paid in settlement of any such loss, claim, damage, liability or action if such settlement is
effected without the consent of the Holder, which consent shall not be unreasonably withheld; and provided further,
that the total amounts payable in indemnity by a Holder under this subection 1.6(b) in respect of any Violation shall not exceed
the net proceeds received by such Holder upon the sale of the Registrable Securities included in the Registration Statement of
which such Violation arises.



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(c)           Notice.
Promptly after receipt by an indemnified party under this Section 1.6 of notice of the commencement of any action (including
any governmental action), such indemnified party will, if a claim in respect thereof is to be made against any indemnifying party
under this Section 1.6, deliver to the indemnifying party a written notice of the commencement thereof and the indemnifying
party shall have the right to participate in, and, to the extent the indemnifying party so desires, jointly with any other indemnifying
party similarly noticed, to assume the defense thereof with counsel mutually satisfactory to the parties; provided, however,
that an indemnified party shall have the right to retain its own counsel, with the fees and expenses to be paid by the indemnifying
party, if representation of such indemnified party by the counsel retained by the indemnifying party would be inappropriate due
to actual or potential conflict of interests between such indemnified party and any other party represented by such counsel in
such proceeding. The failure to deliver written notice to the indemnifying party within a reasonable time of the commencement of
any such action, if prejudicial to its ability to defend such action, shall relieve such indemnifying party of any liability to
the indemnified party under this Section 1.6.



(d)           Contribution.
If the indemnification provided for in this Section 1.6 is held by a court of competent jurisdiction to be unavailable to an indemnified
party with respect to any losses, claims, damages or liabilities referred to herein, the indemnifying party, in lieu of indemnifying
such indemnified party thereunder, shall to the extent permitted by applicable law contribute to the amount paid or payable by
such indemnified party as a result of such loss, claim, damage or liability in such proportion as is appropriate to reflect the
relative fault of the indemnifying party on the one hand and of the indemnified party on the other in connection with the Violation(s)
that resulted in such loss, claim, damage or liability, as well as any other relevant equitable considerations. The relative fault
of the indemnifying party and of the indemnified party shall be determined by a court of law by reference to, among other things,
whether the untrue or alleged untrue statement of a material fact or the omission to state a material fact relates to information
supplied by the indemnifying party or by the indemnified party and the parties’ relative intent, knowledge, access to information
and opportunity to correct or prevent such statement or omission; provided, that in no event shall any contribution by a
Holder hereunder exceed the net proceeds received by such Holder upon the sale of the Registrable Securities included in the Registration
Statement of which such Violation arises.



(e)           Survival.
The obligations of the Company and Holders under this Section 1.6 shall survive the completion of any offering of Registrable
Securities in a registration statement, and otherwise.



1.7          Rule 144
Reporting. With a view to making available the benefits of certain rules and regulations of the SEC which may at any time permit
the sale of the Registrable Securities to the public without registration, after such time as a public market exists for the Ordinary
Shares, the Company agrees to use commercially reasonable efforts to:



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(a)           make
and keep public information available, as those terms are understood and defined in Rule 144 under the Securities Act, at
all times after the effective date of the first registration under the Securities Act filed by the Company for an offering of its
securities to the general public; and



(b)           file
with the SEC in a timely manner all reports and other documents required of the Company under the Securities Act and the Exchange
Act (at any time after it has become subject to such reporting requirements).



2.           General
Provisions.



2.1          Notices.
Any notice, request or other communication required or permitted hereunder shall be in writing and shall be deemed to have been
duly given if personally delivered, deposited in the international air mail postage prepaid, or sent by facsimile or e-mail when
receipt is electronically confirmed



(i) if to an Investor, as set
forth below Investor’s name on the signature page of this Agreement; and



(ii) if to the Company, to
the address set forth below:



16 Kaifada Road

Danyang, Jiangsu, China

Attention: Xin Chao

Fax +86 511 8692 0003

With a copy to:



Sichenzia Ross Friedman Ference LLP

61 Broadway, 32nd Floor

New York, New York 10006

Attention: Richard A. Friedman, Esq.

Telecopy: (212) 930-9725

Any party hereto (and such party’s permitted assigns)
may by notice so given change its address for future notices hereunder. Notice shall be deemed conclusively given when personally
delivered or sent in the manner set forth above.



2.2           Amendments
and Waivers. This Agreement may be amended only by a writing signed by the Company and each of the Investors beneficially owning
Registrable Securities.



2.3           Entire
Agreement. This Agreement, together with all the exhibits hereto, constitutes and contains the entire agreement and understanding
of the parties with respect to the subject matter hereof and supersedes any and all prior negotiations, correspondence, agreements,
understandings, duties or obligations between the parties respecting the subject matter hereof.



2.4           Governing
Law. This Agreement shall be governed by and construed exclusively in accordance with the internal laws of the State of New
York, excluding that body of law relating to conflict of laws and choice of law that would result in the application of the substantive
law of another jurisdiction.



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2.5           Jurisdiction;
Service; Waivers. ANY ACTION OR PROCEEDING IN CONNECTION WITH THIS AGREEMENT MAY BE BROUGHT IN A COURT OF RECORD OF
THE STATE OF NEW YORK IN THE COUNTY OF NEW YORK. THE PARTIES TO THIS AGREEMENT HEREBY CONSENT TO THE EXCLUSIVE JURISDICTION OF
SUCH COURTS OF THE STATE OF NEW YORK, AND SERVICE OF PROCESS MAY BE MADE UPON THE PARTIES TO THIS AGREEMENT BY MAILING A COPY OF
THE SUMMONS AND ANY COMPLAINT TO SUCH PERSON, BY REGISTERED OR CERTIFIED MAIL, RETURN RECEIPT REQUESTED, AT ITS ADDRESS TO BE USED
FOR THE GIVING OF NOTICES UNDER THIS AGREEMENT. BY ACCEPTANCE HEREOF, THE PARTIES HERETO EACH HEREBY IRREVOCABLY AND UNCONDITIONALLY
WAIVES ANY OBJECTION, INCLUDING, WITHOUT LIMITATION, ANY OBJECTION TO THE LAYING OF VENUE OR BASED ON THE GROUNDS OF FORUM NON
CONVENIENS, WHICH IT MAY NOW OR HEREAFTER HAVE TO THE BRINGING OR MAINTAINING OF ANY SUCH ACTION OR PROCEEDING IN SUCH JURISDICTION.



2.6           Severability.
If one or more provisions of this Agreement are held to be unenforceable under applicable law, then such provision(s) shall be
excluded from this Agreement and the balance of this Agreement shall be interpreted as if such provision(s) were so excluded and
shall be enforceable in accordance with its terms.



2.7           Third
Parties. Nothing in this Agreement, express or implied, is intended to confer upon any person, other than the parties hereto
and their successors and assigns, any rights or remedies under or by reason of this Agreement.



2.8           Successors
and Assigns. The provisions of this Agreement shall inure to the benefit of, and shall be binding upon, the successors and
permitted assigns of the parties hereto.



2.9           Captions.
The captions to sections of this Agreement have been inserted for identification and reference purposes only and shall not be used
to construe or interpret this Agreement.



2.10         Counterparts.
This Agreement may be executed in two or more counterparts, each of which shall be deemed an original, but all of which together
shall constitute one and the same instrument.



2.11         Costs
and Attorneys’ Fees. In the event that any action, suit or other proceeding is instituted concerning or arising out of
this Agreement or any transaction contemplated hereunder, the prevailing party shall recover all of such party’s costs and
reasonable attorneys’ fees incurred in each such action, suit or other proceeding, including any and all appeals or petitions
therefrom.



2.12         Adjustments
for Stock Splits and Certain Other Changes. Wherever in this Agreement there is a reference to a specific number of Ordinary
Shares of the Company, then, upon the occurrence of any subdivision, combination or stock dividend of such class or series of
stock, the specific number of shares so referenced in this Agreement shall automatically be proportionally adjusted to reflect
the effect on the outstanding shares of such class or series of stock by such subdivision, combination or stock dividend.



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2.13         Aggregation of Stock.
All shares deemed to be “beneficially owned” (as such term is defined under Rule 13d-3 of the Securities Exchange Act
of 1934, as amended) by any entity or person, shall be aggregated together for the purpose of determining the availability of any
rights under this Agreement.



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IN WITNESS WHEREOF, the parties hereto have executed this Registration
Rights Agreement as of the date and year first above written.



| | CIS ACQUISITION LTD.
| | --------------------
| |                     
| | By:                 
| |                     
| | Name:               
| | Title:              



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OMNIBUS INVESTOR SIGNATURE
PAGE TO

CIS ACQUISITION LTD.

REGISTRATION RIGHTS
AGREEMENT



|                         |  |                                     
|------------------------ |  | ------------------------------------
|[Print Name of Investor] |  | [Name of Co-Investor, if applicable]
|                         |  |                                     
|                         |  |                                     
|[Signature]              |  | [Signature]                         
|                         |  |                                     
|Name:                    |  |                                     
|                         |  |                                     
|Title:                   |  |                                     





|Mailing Address: |  | Telephone No.: | 
|---------------- |  | -------------- | 
|                 |  |                | 
|                 |  | Facsimile No:  | 
|                 |  |                | 
|                 |  | Email Address: | 





|                      |  | Taxpayer ID Number: | 
|--------------------- |  | ------------------- | 
|(City, State and Zip) |  |                    





Counterpart Signature Page to Registration
Rights Agreement



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SCHEDULE A



Investor List



|Name of Investor                 |  | Ordinary Shares |           |  | Ordinary Shares Underlying  Exercisable or Convertible  Securities | 
|-------------------------------- |  | --------------- | --------- |  | ------------------------------------------------------------------ | 
|                                 |  |                 |           |  |                                                                    | 
|CIS Acquisition Holding Co. Ltd. |  |                 | 1,457,650 |  |                                                                    | 
|                                 |  |                 |           |  |                                                                    | 
|Kyle Shostak                     |  |                 | 36,750    |  |                                                                    | 
|                                 |  |                 |           |  |                                                                    | 
|Levan Vasadze                    |  |                 | 2,800     |  |                                                                    | 
|                                 |  |                 |           |  |                                                                    | 
|David Ansell                     |  |                 | 2,800     |  |                                                                    | 
|                                 |  |                 |           |  |                                                                    | 
|Chardan Capital Markets          |  |                 | 308,700   |  |                                                                    | 
|                                 |  |                 |           |  |                                                                    | 
|George Kaufman                   |  |                 | 44,400    |  |                                                                    | 
|                                 |  |                 |           |  |                                                                    | 
|Steven Urbach                    |  |                 | 22,200    |  |                                                                    | 
|                                 |  |                 |           |  |                                                                    | 
|Kerry Propper                    |  |                 | 22,200    |  |                                                                    | 
|                                 |  |                 |           |  |                                                                    | 
|C & Co/PrinceRidge LLC           |  |                 | 10,000    |  |                                                                    | 
|                                 |  |                 |           |  |                                                                    | 
|Maxim Group LLC                  |  |                 | 10,000    |  |                                                                    | 
|                                 |  |                 |           |  |                                                                    | 
|Euro Pacific Capital, Inc.       |  |                 | 5,000     |  |                                                                    | 



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