Exhibit 10.1


 





EMPLOYMENT CONTRACT


 


BETWEEN:  AGM Group
Holding Inc., a company formed under the laws of the British Virgin Islands, with its mailing address at Room 1502-3 15/F., Connaught
Commercial Building, 185 Wanchai Road, Wanchai, Hong Kong, acting and represented herein by Mr. Cao Bin, chairman of the board,
declaring duly authorized (hereinafter referred to "AGMH")


 


AND:   Ms. Wu Xiaoding,
residing at No.150 Wangzhuang, Qiaodong Dist., Xingtai, Hebei Province, China.


 


AGMH and Ms. Wu Xiaoding hereinafter collectively
called "Parties".


 


1. PREAMBLE


 


The preamble is an integral part of this contract.


 


WHEREAS AGMH requires the services of Ms. Wu
Xiaoding as Chief Operating Officer (COO);


 


WHEREAS Ms. Wu Xiaoding agreed to provide AGMH
her full-time services as COO;


 


WHEREAS the parties wish to confirm their agreement
in writing;


 


WHEREAS the parties have the capacity and quality
of exercise all the rights necessary for the conclusion and implementation of the agreement found in this contract;


 


THEREFORE THE FOREGOING, THE PARTIES AGREE
AS FOLLOWS:


 


2. PURPOSE


 


2.1 Services


 


Ms. Wu Xiaoding agrees to assume full-time
for AGMH (minimum of forty (40) hours per week) the role of COO during the entire duration of the contract;


 


2.2 Term


 


This contract is for an initial term of 24
months( From November 1st, 2019 to November 1st, 2021) renewable for an additional period of 24  months
unless either party terminates it in writing at least three (3) months before the expiration of the initial term;


 






     


     


    

 


3. CONSIDERATION


 


3.1 Service Awards


 


In consideration of the provision of services,
AGMH to pay Ms. Wu Xiaoding, as compensation;


 


The gross amount of US$ 18,171 annually is
calculated at the rate of twelve (12) equal monthly installments consecutively of US$1,514 each, less withholding taxes applicable.


 


3.2 Expenditure incurred


 


AGMH will reimburse Ms. Wu Xiaoding all reasonable
expenses incurred in connection with this Agreement, upon presentation of appropriate documentation;


 


3.3 Terms and conditions of payment


 


3 .3.1The price payable by AGMH to Ms. Wu Xiaoding
is as follows:


 


3.3.2 The sum of US$1,514 shall be paid on
the 1st of each month from November, 2019.


 


3.3.3 Expenses will be reimbursed on presentation
of an expense account on the 24th of each month.


 


4. SPECIAL PROVISIONS


 


4.1 Obligations of AGMH


 


AGMH agrees and undertakes to Ms. Wu Xiaoding
as follows:


 


AGMH to bring Ms. Wu Xiaoding collaboration
and will provide information necessary to ensure the full and faithful discharge of services to be rendered;


 


4.2 Obligation to Ms. Wu Xiaoding


 


Ms. Wu Xiaoding agrees and undertakes to AGMH
to the following:


 


The services must be made full time in a professional
manner, according to the rules generally accepted by industry.


 






    2 


     


    

 


4.3 Commitment to confidentiality and nondisclosure


 


Ms. Wu Xiaoding recognizes that certain disclosures
to be provided by AGMH have or may have considerable strategic importance, and therefore represent trade secrets for purposes of
this contract. During the term of this Contract and for a period of 36 months following the end of it, Ms. Wu Xiaoding is
committed to AGMH to:


 


a) keep confidential and not disclose the information;


 


b) take and implement all appropriate measures
to protect the confidentiality of the information;


 


c) not disclose, transmit, exploit or otherwise
use for its own account or for others, elements of information;


 


4.4 Exclusivity of service provider


 


During the term of this Contract and for a
period of 24 months following the end of it, Ms. Wu Xiaoding is committed to AGMH not render services to or for direct or
indirect competitors of AGMH.


 


4.5 Responsibilities 


 


	4.5.1.		Providing the data support and the special research report for the major decision
matters.



 


	4.5.2		Regularly analyze the company’s current business situation and provide forecast
prospect report.



 


	4.5.3		Manage and coordinate functional departments to ensure that the company’s operating
system play an overall function, report the major issues to the General Manager.



 


	4.5.4		Pay close attention to the international and domestic information industry trends,
assess the impact of major information technology, and give company advice and suggestions with respect to introduce advanced
information technology.



 


	4.5.5		Review the work report of various departments, assess the work efficiency, and deal
with the problems; regularly listen to direct subordinates and make work debriefing and evaluation.



 


	4.5.6		Guide, manage and supervise the work of subordinate staff, improve the quality of
work and service attitude and implement performance appraisal.



 






    3 


     


    

 


	4.5.7		Improve the management system formulated by various functional departments.



 


	4.5.8		Organize the company’s personnel training.



 


4.6 Relationship between the parties


 


Neither party may bind the other in any way
whatsoever to anyone, except in accordance with the provisions of this contract.


 


4.7 Representations and Warranties Ms. Wu
Xiaoding


 


Ms. Wu Xiaoding represents and warrants to
AGMH that:


 


a) she has the capacity required to undertake
under this contract, such capacity was not limited by any commitment to another person;


 


b) she has the expertise and experience required
to execute and complete the its obligations under this contract;


 


c) she will make services efficient and professional
manner, according to the rules generally accepted by industry;


 


4.8 Termination of Contract


 


Either party may terminate this contract at
any time, upon presentation of a 60 days notice given to the other party. Amounts due and options purchases of shares will
be delivered when calculated on a pro-rata to the time elapsed since the last payment or the last delivery of stock options.


 


5. GENERAL PROVISIONS


 


Unless specific provision to the contrary in
this Agreement, the following provisions apply.


 


5.1 Force Majeure


 


Neither party can be considered in default
under this contract if the performance of its obligations in whole or in part is delayed or prevented by following a force majeure
situation. Force majeure is an external event, unforeseeable, irresistible and it absolutely impossible to fulfill an obligation.


 






    4 


     


    

 


5.2 Severability


 


The possible illegality or invalidity of an
article, a paragraph or provision (or part of an article, a paragraph or provision) does not in any way affect the legality of
other items, paragraphs or provisions of this contract, nor the rest of this article, this paragraph or provision unless a contrary
intention is evident in the text.


 


5.3 Notices


 


Any notice to a party is deemed to have been
validly given if in writing and sent by registered or certified mail, by bailiff or by courier to such party at the address listed
at the beginning of this contract or any other address that the party may indicate a similar notice to another party. A copy of
any notice sent by mail must be sent by one mode of delivery mentioned above.


 


5.4 Titles


 


The headings used in this contract are only
for reference and convenience only. They do not affect the meaning or scope of the provisions they designate.


 


5.5 No Waiver


 


The inertia, neglect or delay by any party
to exercise any right or remedy under this Agreement shall in no way be construed as a waiver of such right or remedy.


 


5.6 Rights cumulative and not alternative


 


All the rights mentioned in this Agreement
are cumulative and not alternative. The waiver of a right should not be construed as a waiver of any other right.


 


5.7 Totality and entire agreement


 


This contract represents the full and entire
agreement between the parties. No statement, representation, promise or condition not contained in this agreement can and should
be allowed to contradict, modify or affect in any manner whatsoever the terms thereof.


 


5.8 Contract Amendment


 


This contract may be amended only by a writing
signed by all parties.


 


5.9 Gender and Number


 


All words and terms used in this agreement
shall be interpreted as including the masculine and feminine and singular and plural as the context or meaning of this contract.


 






    5 


     


    

 


5.10 Assignable


 


Neither party may assign or otherwise transfer
to any third party or of his rights in this contract without the prior written permission of the other party to that effect.


 


5.11 Computation of time


 


In computing any period fixed by the contract:


 


a) the day that marks the starting point is
not counted, but the terminal is;


 


b) non-juridical days (Saturdays, Sundays and
holidays) are counted;


 


c) when the last day is not legal, the deadline
is extended to the next juridical day.


 


5.12 Currencies


 


All sums of money under this contract refer
to Chinese currency.


 


5.13 Applicable Laws


 


This contract is subject to the laws of the
People’s Republic of China.


 


5.14 Election of domicile


 


The parties agree to elect domicile in the
judicial district of Beijing, China, and chose it as the appropriate district to hear any claim arising from the interpretation,
application, performance, the entry into force, validity and effect of this contract.


 


5.15 Copies


 


When initialed and signed by all parties, each
copy of this contract shall be deemed an original, but these examples do not reflect all one and the same agreement.


 


5.16 Scope of Contract


 


This contract binds the parties and their successors,
heirs and assigns, respectively.


 


5.17 Solidarity


 


If a party consists of two or more persons,
they are forced and severally liable to the other party.


 



    6 


     


    

 





5.18 Time is of Essence


 


If a party must fulfill an obligation under
this contract within a specified time, the passage of time will effectively be part of this notice.


 


6. EFFECTIVE DATE OF CONTRACT


 


This Agreement shall enter into force October
29, 2019.





 


SIGNED
BY Two (2) copies,


 


IN
THE CITY OF BEIJING, CHINA, 


DATED:
October 29, 2019.


 





	AGM Group Holding Inc.	 	 	 
	 	 	 	 
	/s/ Bin Cao	 	 	 
	Chairman of the Board	 	 	 
	 	 	 	 
	Wu Xiaoding	 	 	 
	 	 	 	 
	/s/ Wu Xiaoding	 	 	 
	 	 	 	 



 


 



    7