Exhibit
10.14


 


BON
NATURAL LIFE LIMITED


 


CODE
OF BUSINESS CONDUCT AND ETHICS


 


Bon
Natural Life Limited (the “Company”) has adopted the following Code of Business Conduct and Ethics (this “Code”)
for directors, executive officers and employees of the Company. This Code is intended to focus the directors, executive officers
and employees on areas of ethical risk, provide guidance to directors, executive officers and employees to help them recognize
and deal with ethical issues, provide mechanisms to report unethical conduct, and help foster a culture of honesty and accountability.
Each director, executive officer and employee must comply with the letter and spirit of this Code.


 


No
code or policy can anticipate every situation that may arise. Accordingly, this Code is intended to serve as a source of guiding
principles for directors, executive officers and employees. Directors, executive officers and employees are encouraged to bring
questions about particular circumstances that may implicate one or more of the provisions of this Code to the attention of the
Chairman of the Audit Committee, who may consult with inside or outside legal counsel as appropriate.


 


1.
Maintain Fiduciary Duties.


 


Directors
and executive officers must be loyal to the Company and must act at all times in the best interest of the Company and its shareholders
and subordinate self-interest to the corporate and shareholder good. Directors and executive officers should never use their position
to make a personal profit. Directors and executive officers must perform their duties in good faith, with sound business judgment
and with the cafe of a prudent person.


 


2.
Conflict of Interest.


 


A
“conflict of’ interest” occurs when the private interest of’ a director, executive officer or employee
interferes in any way, or appears to interfere, with the interests of the Company as a whole. Conflicts of interest also arise
when a director, executive officer or employee, or a member of his or her family, receives improper personal benefits as a result
of his or her position as a director, executive officer or employee of the Company. Loans to, or guarantees of the obligations
of a director, executive officer or employee, of a member of his or her family, may create conflicts of interest.


 


Directors
and executive officers must avoid conflicts of interest with the Company. Any situation that involves, or may reasonably be expected
to involve, a conflict of interest with the Company must be disclosed immediately to the Chairman of the Board.


 


This
Code does not attempt to describe all possible conflicts of interest which could develop. Some of the more common conflicts from
which directors and executive offices must refrain, however, are set out below.


 


	 	●	Relationship
    of Company with third-parties. Directors, executive officers and employees may not engage in any conduct or activities that
    are inconsistent with the Company’s best interests or that disrupt or impair the Company’s relationship with any
    person or entity with which the Company has or proposes to enter into a business or contractual relationship.


 




    	 



     


    

 


	 	●	Compensation
    from non-Company sources. Directors, executive officers and employees may not accept compensation, in any form, for services
    performed for the Company from any source other than the Company.
	 	 	 
	 	●	Gifts.
    Directors, executive officers and employees and members of their families may not offer, give or receive gifts from persons
    or entities who deal with the Company in those cases where any such gift is being made in order to influence the actions of
    a director as member of the Board or the actions of an executive officer as an officer of the Company, or where acceptance
    of the gifts would create the appearance of a conflict of interest.


 


3.
Corporate Opportunities.


 


Directors,
executive officers and employees owe a duty to the Company to advance its legitimate interests when the opportunity to do so arises.
Directors, executive officers and employees are prohibited from: (a) taking for themselves personally opportunities that are discovered
through the use of corporate property, information or the director’s or executive officer’s position; (b) using the
Company’s property, information, or position for personal gain, or (c) competing with the Company, directly or indirectly,
for business opportunities, provided, however, if the Company’s disinterested directors determine that the Company will
not pursue an opportunity that relates to the Company’s business, a director, executive officer or employee may do so.


 


4.
Confidentiality.


 


Directors,
executive officers and employees must maintain the confidentiality of information entrusted to them by the Company or its customers,
and any other confidential information about the Company that comes to them, from whatever source, in their capacity as a director,
executive officer or employee, except when disclosure is authorized or required by laws or regulations. Confidential information
includes all non-public information that might be of use to competitors, or harmful to the Company or its customers, if disclosed.


 


5.
Protection and Proper Use of Company Assets.


 


Directors,
executive officers and employees must protect the Company’s assets and ensure their efficient use. Theft, loss, misuse,
carelessness and waste of’ assets have a direct impact on the Company’s profitability. Directors, executive officers
and employees must not use Company time, employees, supplies, equipment, tools, buildings or other assets for personal benefit
without prior authorization from the Chairman of the Corporate Governance/Nominating Committee or as part of a compensation or
expense reimbursement program available to all directors or executive officers.


 


6.
Fair Dealing.


 


Directors,
executive officers and employees shall deal fairly and directors and executive officers shall oversee fair dealing by employees
and officers with the Company’s directors, officers, employees, customers, suppliers and competitors. None should take unfair
advantage of anyone through manipulation, concealment, abuse of privileged information, misrepresentation of’ material facts
or any other unfair dealing practices.


 




    	 



     


    

 


7.
Compliance with Laws, Rules and Regulations.


 


Directors
and executive officers shall comply, and oversee compliance by employees, officers and other directors, with all laws, rules and
regulations applicable to the Company, including insider-trading laws. Transactions in Company securities are governed by Company
Policy entitled “Insider Trading Policy.”


 


8.
Accuracy of Records.


 


The
integrity, reliability and accuracy in all material respects of the Company’s books, records and financial statements is
fundamental to the Company’s continued and future business success. No director, executive officer or employee may cause
the Company to enter into a transaction with the intent to document or record it in a deceptive or unlawful manner. In addition,
no director, executive officer, or employee may create any false or artificial documentation or book entry for any transaction
entered into by the Company. Similarly, executive officers and employees who have responsibility for accounting and financial
reporting matters have a responsibility to accurately record all funds, assets and transactions on the Company’s books and
records.


 


9.
Quality of Public Disclosures.


 


The
Company is committed to providing its shareholders with information about its financial condition and results of operations as
required by the securities laws of’ the United States. It is the Company’s policy that the reports and
documents it files with or submits to the Securities and Exchange Commission, and its earnings releases and similar public communications
made by the Company, include fair, timely and understandable disclosure. Executive officers and employees who are responsible
for these filings and disclosures, including the Company’s principal executive, financial and accounting officers, must
use reasonable judgment and perform their responsibilities honestly, ethically and objectively in order to ensure that this disclosure
policy is fulfilled. The Company’s senior management are primarily responsible for monitoring the Company’s public
disclosure.


 


10.
Waivers and Amendments of the Code of Business Conduct and Ethics. 


 


No
waiver of any provisions of the Code for the benefit of a director or an executive officer (which includes without limitation,
for purposes of this Code, the Company’s principal executive, financial and accounting officers) shall be effective unless
(i) approved by the Board of Directors, and (ii) if applicable, such a waiver is promptly disclosed to the Company’s shareholders
in accordance with applicable United States securities laws and/or the rules and regulations of the exchange or system on which
the Company’s shares are traded or quoted, as the case may be.


 


Any
waivers of this Code for the other employees may be made by the Board of Directors, or, if permitted, a committee thereof.


 


All
amendments to this Code must be approved by the Board of Directors or a committee thereof and, if applicable, must be promptly
disclosed to the Company’s shareholders in accordance with applicable United States securities laws and/or the rules and
regulations of the exchange or system on which the Company’s shares are traded or quoted, as the case may be.


 




    	 



     


    

 


11.
Encouraging the Reporting of any Illegal or Unethical Behavior. 


 


Directors
and executive officers should promote ethical behavior and take steps to ensure the Company (a) encourages employees to talk to
supervisors, managers and other appropriate personnel when in doubt about the best course of action in a particular situation;
(b) encourages employees to report violations of laws, rules or regulations to appropriate personnel; and (c) informs employees
that the Company will not permit retaliation for reports made in good faith.


 


Any
executive officer or employee who in good faith reports a suspected violation under this Code by the Company, or its agents acting
on behalf of the Company, or who in good faith raises issues or concerns regarding the Company’s business or operations,
may not be fired, demoted, reprimanded or otherwise harmed for, or because of, the reporting of the suspected violation, issues
or concerns, regardless of whether the suspected violation involves the executive officer or employee, the executive officer’s
or employee’s supervisor or senior management of the Company.


 


In
addition, any executive officer or employee who in good faith reports a suspected violation under this Code which the executive
officer or employee reasonably believes constitutes a violation of a federal statute by the Company, or its agents acting on behalf
of the Company, to a federal regulatory or law enforcement agency, may not be reprimanded, discharged, demoted, suspended, threatened,
harassed or in any manner discriminated against in the terms and conditions of the executive officer’s or employee’s
employment for, or because of, the reporting of the suspected violation, regardless of whether the suspected violation involves
the executive officer or employee, the executive officer’s or employee’s supervisor or senior management of the Company.


 


12.
Communication of Code.


 


All
directors, executive officers and employees will be supplied with a copy of this Code upon beginning service at the Company. Updates
of this Code will be provided from time to time. A copy of this Code is also available to all directors, executive officers and
employees by requesting one from the Company.


 


13.
Failure to Comply; Compliance Procedures.


 


A
failure by any director or executive officer to comply with the laws or regulations governing the Company’s business, this
Code or any other Company policy or requirement may result in disciplinary action, and, if warranted, legal proceedings.


 


Directors
and executive officers should communicate any suspected violations of this Code promptly to the Chairman of the Audit Committee,
or if no Audit Committee has been appointed, to the Board of Directors.


 


Violations
will be investigated by the Board or by a person or persons designated by the Board and appropriate action will be taken in the
event of any violations of this Code.


 




    	 



     


    

 


ACKNOWLEDGEMENT


 


I
acknowledge that I have reviewed and understand Bon Natural Life Limited’s Code of Business Conduct and Ethics (the “Code”)
and agree to abide by the provisions of the Code.


 


	 	 
	Signature	 
	 	 
	 	 
	Name
    (Printed or typed)	 
	 	 
	 	 
	Position	 
	 	 
	 	 
	Date