Exhibit 10.20


 


Office Lease Contract


 


Lessor (Party A): Yang Xiaokang


Agent:


ID No. or business license: XX Tel.: 18275099999


 


Lessee (Party B): Guiyang Infobird Cloud
Computing Technology Co., Ltd. 


Agent: 


D No. or business license:


 


In accordance with the “Contract Law
of the People’s Republic of China”, “Guiyang City House Leasing Management Measures” and relevant laws and regulations,
Party A and Party B have reached an agreement on the matters related to house leasing after consultation on the basis of equality
and resources.


 


1. Basic situation of the house:


 


1.1 The house rented by Party A (hereinafter
referred to as the house) is located at No. 3 to No.6, 25th Floor, Building 9, Zone C, Huaguoyuan Project, No. 1, Huaguoyuan Street,
Nanming District, Guiyang City, with a construction area of 611.9 meters square.


 


1.2 The house ownership certificate or
sale contract number held by Party A is 17719, 17755, 17791, the name of the owner of the house is Yang Xiaokang.


 


2. Lease term


 


2.1 The lease period is from October 11,
2019 to October 10, 2021. Party A shall deliver the house to Party B according to the agreed conditions before October 8, 2019.
The "House Delivery List" (see attachment) is deemed to be completed after the inspection and signature of both parties
and the handover of the house keys and delivery procedures. During the lease term, Party B shall bear the property service fee,
water and electricity fee and all other related expenses.


 


2.2 After the lease expires or the contract
is terminated, Party A has the right to take back the house. Party A and Party B shall inspect and accept the house and ancillary
items, equipment and facilities, and the use of water and electricity, and settle their respective expenses. If Party B continues
to lease, it should submit a contract renewal request to Party A days in advance. After negotiation, both parties re-sign the house
lease contract.


 






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3. Rent and deposit


 


3.1 Rent: The rent for the first year is
40 yuan per square meter per month, The rent for the second year is 40 yuan per square meter per month.


 


Payment method: Pay half a year. On the
day of signing the contract, Party B shall pay Party A the first rent according to the payment method stipulated in the contract.
The rent of the house shall be calculated from the time when the house is actually delivered. Party B shall pay Party A the rent
for the second half of the year 15 days in advance.


 


3.2 Deposit: NA


 


4. House maintenance and repair


 


4.1 Party A shall ensure that the building
structure, equipment and facilities of the house meet the safety conditions of construction, fire protection, public security,
sanitation and other aspects, and shall not jeopardize personal safety. Party B guarantees to abide by the laws and regulations
and the property management regulations of the community where the house is located.


 


4.2 During the lease period, both parties
should jointly ensure that the house and its attached items, equipment and facilities are in a state of use and safety:


 


(1) For the loss of the house, its ancillary
items, equipment and facilities due to the aging of natural properties or reasonable use, Party B shall promptly notify Party A
to repair. Party A should repair after receiving notification from Party B. If the maintenance is not completed within the time
limit, Party B may perform maintenance on its behalf, and Party A shall bear the cost.


 


(2) Due to improper storage or unreasonable
use of Party B, the building and its ancillary items, equipment and facilities have been damaged or malfunctioned, Party B shall
be responsible for maintenance or compensation liability.


 


5. Sublease


 


Party B needs to obtain the written consent
of Party A in advance before subletting, before subletting part or all of the house to others during the lease period. And assume
responsibility to Party A for the lease of the sublease.


 


6. Termination of contract


 


6.1 This contract can be terminated after
negotiation between both parties.


 


6.2 If arty B has one of the following
circumstances, Party A has the right to request Party B to pay one month’s rent as liquidated damages and unilaterally terminate
the contract to recover the house.


 


(1) Not paying rent for 15 days as agreed


 


(2) Improper storage or unreasonable use
leads to damage to attached items, equipment and facilities and refuses to compensate.


 


(3) Use the house to engage in illegal
activities, damage the public interest, or hinder the normal work and life of others.


 


(4) Other violations of property management
regulations.


 


(5) Change the nature of house use.


 


7. Party B may renovate the rented house,
and without damaging the main structure of the building, Party A agrees to Party B to integrate and reform the house, but it must
not violate the relevant regulations of the property management company, nor can it infringe the legal rights and interests of
any third party. After the lease term expires, the residual value of decoration will be handled in this way: Party B does not
dismantle the decoration, and the residual value of the decoration belongs to Party A.


 


If Party B violates Party A’s wishes or
violates the relevant regulations of the property management company for decoration, except that it shall be liable for all damages
arising therefrom, Party A may not refund Party B’s security deposit. And has the right to request Party B to restore the house
to its original state and terminate the contract.


 


The “relevant regulations of the property
management company” referred to in this contract include, but are not limited to, the “previous property service contract”,
“provisional owner agreement”, “decoration management manual” and other regulatory documents signed by Party
A and the property management company.


 






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8. Liability for breach of contract


 


8.1 During the lease period, Party A unilaterally
rescinds this contract without breach of contract by Party B. Party A shall double return the deposit to Party B and compensate
Party B for the decoration loss (after reasonable depreciation).


 


8.2 During the lease period, Party B unilaterally
rescinds this contract without breach of contract by Party A, and Party A will not refund Party B’s deposit.


 


8.3 Party B shall pay the rent to Party
A on time, and Party B shall pay Party A a penalty of three thousandths of the monthly rent.


 


9. Contract dispute resolution


 


Party A and Party B should settle the dispute
due to the execution of the contract through friendly negotiation. If the negotiation fails, either party has the right to sue
to the people’s court where the house is located.


 


10. Other agreed matters


 


This contract is the renewal contract of
both parties A and B. The deposit has not been refunded (renewed). If Party B does not renew the house within two years, it should
notify Party A one month in advance. Party A agrees to settle according to the actual use time of Party B and agrees to advance.


 


This contract (and appendix) is made in
two copies, one for each party, and one for each party. After this contract comes into effect, all parties shall take written
changes or additions to the contract. As an attachment to this contract, the attachment has the same legal effect as this contract.
See Annex for confidentiality agreement.


 


	Party A: /s/ Yang Xiaokang
	 	Party B: /s/ Guiyang Infobird Cloud Computing Technology Co., Ltd.
	 	 	(seal of Guiyang Infobird Cloud Computing Technology Co., Ltd.)
	Agent:                                            	 	Agent:
	ID No.: XX
	 	ID No.:
	Tel.: 18275099999
	 	Tel.:
	Address:                                           	 	Address:
	Signing date:	 	Signing date:


 






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