PRIME GLOBAL CAPITAL GROUP INCORPORATED


 


DIRECTOR
RETAINER AGREEMENT


 


THIS DIRECTOR RETAINER
AGREEMENT (“Agreement”) is entered into by and between Prime Global Capital Group Incorporated, a Nevada corporation
(“Corporation”) and Choon Meng, Soo (“Director”) as of August 01, 2017.


 


 


WHEREAS, Director has
been duly elected as an independent director of the Corporation in accordance with the Corporation’s bylaws; and


 


WHEREAS, the Corporation
wishes to compensate Director as consideration for his expected service as a director;


 


NOW THEREFORE, in consideration
of the premises and the mutual covenants contained in this Agreement, the parties agree as follows:


 


	1. 	Services Provided.




 


Director agrees, subject to Director’s
continued status as an independent director as determined by the Board of Directors of the Corporation (“Board”) and
its stockholders (if applicable), to serve as a member of the Board and, subject to Director’s appointment thereto, the (1)
Audit Committee, (2) Compensation Committee and (3) Nominating/Governance Committee of the Board (each a “Committee”)
and to provide those services (“Services”) required of a director and Committee member under the Corporation’s
certificate of incorporation and bylaws (“Charter and Bylaws”), as both may be amended from time to time, and under
the corporate law of the State of Nevada, the federal securities laws and other state and federal laws and regulations, as applicable.


 


Director agrees to cooperate with the Corporation
and its attorneys, both during and after the termination of this Agreement, in connection with any litigation or other proceeding
arising out of or relating to matters of which Director was involved prior to the termination of this Agreement. Director's cooperation
shall include, without limitation, providing assistance to Corporation’s counsel, experts and consultants, and providing
truthful testimony in pretrial and trial or hearing proceedings. In the event that Director’s cooperation is requested after
the termination of this Agreement, Corporation will (a) seek to minimize interruptions to Director’s schedule to the extent
consistent with its interests in the matter; and (b) reimburse executive for all reasonable and appropriate out-of-pocket expenses
actually incurred by Director in connection with such cooperation upon reasonable substantiation of such expenses.


 


Director agrees that Director will not testify
voluntarily in any lawsuit or other proceeding which directly or indirectly involves Corporation, or any affiliated companies,
or which may create the impression that such testimony is endorsed or approved by Corporation or its affiliated companies, without
advance notice (including the general nature of the testimony) to and, as such testimony is without subpoena or other compulsory
legal process the approval of, the Corporation’s general counsel.


 


	2.	Nature of Relationship.




 


Director is an independent contractor and will
not be deemed an employee of the Corporation for purposes of employee benefits, income tax withholding, F.I.C.A. taxes, unemployment
benefits or otherwise. Except as authorized by the Board of Directors or the Corporation’s Charter and Bylaws, or as allowed
by law, Director shall not hold himself out as an agent of the Corporation or enter into any agreement or incur any obligations
on the Corporation’s behalf. This Agreement shall not be deemed an employment contract between the Corporation (or any of
its subsidiaries or related companies) and Director. Director specifically acknowledges that the term of service provided by this
Agreement is set forth in Section 7 below.


 


	3. 	Corporation Information.




 


The Corporation will supply to Director, at the Corporation’s
expense:


 


		a.	periodic briefings on the business and operations of the Corporation;
	 	 	 



		b.	“director packages” (which will include but will not be limited to, for example, meeting
agendas and Corporation reports) for each Board and Committee meeting, at a reasonable time before each meeting;



 


 


 






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		c.	Copies of minutes of all requested stockholders’, directors’ and Committee meetings;
	 	 	 



		d.	Any other materials that are required under the Charter and Bylaws or the charter of any Committee
on which the Director serves; and
	 	 	 



		e.	Any other materials which may, in the reasonable judgment of Corporation, be necessary for performing
the Services.



 


	4.	Representations, Warranties and Covenants of Director.




 


	 	4.1	Director agrees to provide complete and accurate information and to permit Corporation to perform a full background investigation.
Accordingly, Director represents and warrants that the information provided to the Corporation regarding Director’s experience,
background and expertise is truthful, accurate and complete.




 


	 	4.2	Director represents and warrants that the performance of the Services will not violate any agreement to which Director is a party,
compromise any rights or trust between any other party and Director, or create a conflict of interest.




 


	 	4.3	Director agrees not to enter into any agreement during the term of this Agreement that will create a conflict of interest with
this Agreement.




 


	 	4.4	Director agrees to comply with all applicable state and federal laws and regulations, including Section 10 and Section 16 of the
Securities and Exchange Act of 1934 and the rules promulgated thereunder.




 


	5.	Compensation.




 


	 	5.1	Retainer. The Corporation shall pay Director a cash retainer of Three Thousand
Malaysian Ringgit (RM 3,000) per calendar month during Director’s period of Service (“Retainer”), payable in
accordance with the Corporation’s normal and customary practices.




 


	 	5.2	 Expenses. The Corporation will reimburse Director for reasonable expenses
incurred in the performance of the Services promptly upon submission of invoices and receipts for such expenses in a form reasonably
acceptable to the Corporation, provided that such expenses are approved in writing in advance. Such approval by the Corporation
shall not be unreasonably withheld or delayed. Director’s expenses shall not be reimbursable hereunder if those expenses
do not qualify for reimbursement under the Charter and Bylaws.



 


	6.	Indemnification.




 





	 	6.1	The Corporation has
previously executed, or shall execute concurrently with the execution of this Agreement, an Indemnity Agreement with Director substantially
in the form attached hereto as Exhibit A.



 


	7. 	Term and Termination.




 


	 	7.1	This Agreement shall be effective beginning on the date hereof and continuing until the last day of Director’s current term
as an independent director of the Corporation, unless earlier terminated as provided in this Section. This Agreement shall automatically
renew upon the date of Director’s reelection as an independent director of the Corporation.



 



	 	7.2	The term of service as a Director under this Agreement is as specified in the bylaws of the Corporation, unless earlier terminated
as provided in this Section.



 



	 	7.3	Director may at any time, and for any reason, resign from such position subject to any other contractual obligation or any obligation
imposed by operation of law.



 



	 	7.4	Director may be removed from the Board or any Committee, with or without cause.



 



	 	7.5	This Agreement shall automatically terminate upon the death or disability of Director or upon his resignation or removal from
the Board. For purposes of this Section, “disability” shall mean the inability of Director to perform the Services
for a period of at least fifteen (15) consecutive days.




 


 


 




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	 	7.6	In the event of any termination of this Agreement, Director agrees to return any materials received from the Corporation pursuant
to Section 3 of this Agreement except as may be necessary to fulfill any outstanding obligations hereunder. Director agrees that
the Corporation has the right of injunctive relief to enforce this provision.




 


	 	7.7	Upon termination of this Agreement, the Corporation shall promptly pay Director all unpaid compensation due, pursuant to Section
5 above, and expense reimbursements incurred, if any, as of the date of termination, upon receipt of reasonable documentation.




 


	8.	Proprietary Information, Inventions and Non-Competition.




 


Director shall, concurrently with the execution
of this Agreement, enter into a Proprietary Information, Inventions and Non-Competition Agreement with the Corporation substantially
in the form attached hereto as Exhibit B.


 


	9. 	Assignment.




 


This Agreement and all of the provisions hereof
shall be binding upon and inure to the benefit of the parties hereto and their respective successors and permitted assigns and,
except as otherwise expressly provided herein, neither this Agreement, nor any of the rights, interests or obligations hereunder
shall be assigned by either of the parties hereto without the prior written consent of the other party.


 


10.   
General.


 


	 	10.1	Governing Law and Venue. This Agreement and the legal relations among the parties shall
be governed by, and construed and enforced in accordance with, the laws of the State of Nevada, without regard to its conflict
of laws rules. The Corporation and Director hereby irrevocably and unconditionally (i) agree that any action or proceeding arising
out of or in connection with this Agreement shall be brought only in the State of Nevada (the “Nevada Court”),
and not in any other state or federal court in the United States of America or any court in any other country, (ii) consent to
submit to the exclusive jurisdiction of the Nevada Court for purposes of any action or proceeding arising out of or in connection
with this Agreement, (iii) waive any objection to the laying of venue of any such action or proceeding in the Nevada Court and
waive, and agree not to plead or to make, any claim that any such action or proceeding brought in the Nevada Court has been brought
in an improper or inconvenient forum.




 


	 	10.2	Notices. All notices and other communications required or permitted hereunder will be
in writing and will be delivered by hand or sent by overnight courier or e-mail to:






 


 





	Corporation:	 	Director:
	Prime Global Capital Group Incorporated


E-5-2, Megan Avenue 1, Block E


189 Jalan Tun Razak


50400 Kuala Lumpur, Malaysia


Attn: Chief Executive Officer


Fax:   00603 2161 0770


e-mail: stanwwk@yahoo.com 




	 	Choon Meng, Soo


3A Jalan Akasia 1


Saujana Akasia


47000 Sungai Buloh


Fax: 00603-2161 0770 


email: bennsoo@gmail.com





	 	 	 



 


 


	 	10.3	Severability. In the event that any provision of this Agreement is held to be unenforceable
under applicable law, this Agreement will continue in full force and effect without such provision and will be enforceable in
accordance with its terms.




 


	 	10.4	Survival of Obligations. Notwithstanding the expiration or termination of this Agreement, neither party hereto
shall be released hereunder from any liability or obligation to the other which has already accrued as of the time of such expiration
or termination (including, without limitation, Corporation’s obligation to make any fees and expense payments) or which
thereafter might accrue in respect of any act or omission of such party prior to such expiration or termination.




 


	 	10.5	Entire Agreement. This Agreement, along with the Exhibits referenced herein that may be previously or contemporaneously
executed, embodies the entire agreement and understanding between the parties hereto with respect to the subject matter of this
Agreement and supersedes all prior or contemporaneous agreements and understanding other than this Agreement relating to the subject
matter hereof.






 


 


 






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	 	10.6	Amendment and Waiver.
    This Agreement may be amended only by a written agreement executed by the parties hereto. No provision of this Agreement
    may be waived except by a written document executed by the party entitled to the benefits of the provision. No waiver of a
    provision will be deemed to be or will constitute a waiver of any other provision of this Agreement. A waiver will be effective
    only in the specific instance and for the purpose for which it was given, and will not constitute a continuing waiver.




 


	 	10.7	Counterparts.
    This Agreement may be signed in any number of counterparts, each of which will be deemed an original, but all of which together
    will constitute one instrument. The parties hereto agree to accept a facsimile transmission copy of their respective actual
    signatures as evidence of their actual signatures to this Agreement and any modification or amendment of this Agreement; provided,
    however, that each party who produces a facsimile signature agrees, by the express terms hereof, to place, promptly after
    transmission of his or her signature by fax, a true and correct original copy of his or her signature in overnight mail to
    the address of the other party.




 


[The remainder of this page has been intentionally
left blank. Signature page(s) to follow]


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 






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IN WITNESS WHEREOF, the
undersigned have executed this Director Retainer Agreement as of the date first written above.


 





	 	PRIME GLOBAL CAPITAL GROUP INCORPORATED
	 	 
	 	By: __________________________
	 	Printed Name: Weng Kung, Dato Wong
	 	Title: Chief Executive Officer
	 	 
	 	DIRECTOR
	 	 
	 	By: __________________________
	 	         Choon Meng, Soo




 


 


 


 


 






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EXHIBIT A


 


INDEMNITY AGREEMENT


 


This Indemnity Agreement
(“Agreement”) is effective as of August 1, 2017, by and between Prime Global Capital Group Incorporated, a Nevada
corporation (the “Company”), and Choon Meng, Soo (“Indemnitee”).


 


RECITALS


 


WHEREAS, the Articles of
Incorporation and Bylaws of the Company require indemnification of the officers and Board of Directors of the Company (the “Board”).
Indemnitee may also be entitled to indemnification pursuant to the Nevada Revised Statutes (“NRS”). The Articles
of Incorporation and Bylaws of the Company and the NRS expressly provide that the indemnification provisions set forth therein
are not exclusive, and thereby contemplate that contracts may be entered into between the Company and members of the Board, officers
and other persons with respect to indemnification; and


 


WHEREAS, it is reasonable,
prudent and necessary for the Company contractually to obligate itself to indemnify, and to advance expenses on behalf of, such
persons to the fullest extent permitted by applicable law so that they will serve or continue to serve the Company free from undue
concern that they will not be so indemnified.


 


NOW, THEREFORE, in consideration
of the premises and the covenants contained herein, the Company and Indemnitee do hereby covenant and agree as follows:


 


Section 1. Services
to the Company. Indemnitee agrees to serve as an independent director of the Company. Indemnitee may at any time and for any
reason resign from such position (subject to any other contractual obligation or any obligation imposed by operation of law),
in which event the Company shall have no obligation under this Agreement to continue to allow Indemnitee to serve as an independent
director. This Agreement shall not be deemed an employment contract between the Company (or any of its subsidiaries or any Enterprise)
and Indemnitee. Indemnitee specifically acknowledges that Indemnitee may be removed as an independent director at any time for
any reason, with or without cause, in accordance with the Company’s Articles of Incorporation, its Bylaws, the NRS and any
agreement between Company and Indemnitee. The foregoing notwithstanding, this Agreement shall continue in force after Indemnitee
has ceased to serve as an independent director of the Company.


 


Section 2. Definitions. As used in this Agreement:


 


(a) A “Change
in Control” shall be deemed to occur upon the earliest to occur after the date of this Agreement of any of the following
events:


 


(i) Acquisition of Stock
by Third Party. Any Person (as defined below) is or becomes the Beneficial Owner (as defined below), directly or indirectly,
of securities of the Company representing twenty percent (20%) or more of the combined voting power of the Company’s then
outstanding securities;


 


(ii) Change in Board
of Directors. During any period of two (2) consecutive years (not including any period prior to the execution of this Agreement),
individuals who at the beginning of such period constitute the Board, and any new director (other than a director designated by
a person who has entered into an agreement with the Company to effect a transaction described in Sections 2(a)(i), 2(a)(iii)
or 2(a)(iv)) whose election by the Board or nomination for election by the Company’s stockholders was approved by a vote
of at least a majority of the directors then still in office who either were directors at the beginning of the period or whose
election or nomination for election was previously so approved, cease for any reason to constitute a least a majority of the members
of the Board;


 


(iii)
Corporate Transactions. The effective date of a merger or consolidation of the Company with any other entity, other
than a merger or consolidation which would result in the voting securities of the Company outstanding immediately prior to such
merger or consolidation continuing to represent (either by remaining outstanding or by being converted into voting securities of
the surviving entity) more than 51% of the combined voting power of the voting securities of the surviving entity outstanding immediately
after such merger or consolidation and with the power to elect at least a majority of the board of directors or other governing
body of such surviving entity;


 


 


 






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(iv)
Liquidation. The approval by the stockholders of the Company of a complete liquidation of the Company or an agreement
for the sale or disposition by the Company of all or substantially all of the Company’s assets; and


 


(v) 
Other Events. There occurs any other event of a nature that would be required to be reported in response to Item
6(e) of Schedule 14A of Regulation 14A (or a response to any similar item on any similar schedule or form) promulgated under the
Exchange Act (as defined below), whether or not the Company is then subject to such reporting requirement.


 


For purposes of this Section 2(a), the following terms shall
have the following meanings:


 


(A)
“Exchange Act” shall mean the Securities Exchange Act of 1934, as amended.


 


(B) “Person” shall have the meaning as set forth in Sections 13(d) and 14(d) of the Exchange Act; provided,
however, that Person shall exclude (i) the Company, (ii) any trustee or other fiduciary holding securities under an employee benefit
plan of the Company and (iii) any corporation owned, directly or indirectly, by the stockholders of the Company in substantially
the same proportions as their ownership of stock of the Company.


 


(C) “Beneficial
Owner” shall have the meaning given to such term in Rule 13d-3 under the Exchange Act; provided, however,
that Beneficial Owner shall exclude any Person otherwise becoming a Beneficial Owner by reason of the stockholders of the
Company approving a merger of the Company with another entity.


 


(b) “Corporate
Status” describes the status of a person who is or was a director, trustee, general partner, managing member, officer,
employee, agent or fiduciary of the Company or of any other corporation, partnership or joint venture, trust, employee benefit
plan or other enterprise which such person is or was serving at the request of the Company.


 


(c)
“Disinterested Director” means a director of the Company who is not and was not a party to the Proceeding
in respect of which indemnification is sought by Indemnitee.


 


(d)
“Enterprise” shall mean the Company and any other corporation, partnership, limited liability company,
joint venture, trust, employee benefit plan or other enterprise of which Indemnitee is or was serving at the request of the Company
as a director, trustee, general partner, managing member, officer, employee, agent or fiduciary.


 


(e)
“Expenses” shall include all reasonable attorneys’ fees, retainers, court costs, transcript costs,
fees of experts, witness fees, travel expenses, duplicating costs, printing and binding costs, telephone charges, postage, delivery
service fees, and all other disbursements or expenses of the types customarily incurred in connection with prosecuting, defending,
preparing to prosecute or defend, investigating, being or preparing to be a witness in, or otherwise participating in, a Proceeding.
Expenses also shall include Expenses incurred in connection with any appeal resulting from any Proceeding, including without limitation
the premium, security for, and other costs relating to any cost bond, supersedeas bond, or other appeal bond or its equivalent.
Expenses, however, shall not include amounts paid in settlement by Indemnitee or the amount of judgments or fines against Indemnitee.


 


(f) “Independent
Counsel” means a law firm, or a member of a law firm, that is experienced in matters of corporation law and neither presently
is, nor in the past five (5) years has been, retained to represent: (i) the Company or Indemnitee in any matter material to either
such party (other than with respect to matters concerning the Indemnitee under this Agreement, or of other indemnitees under similar
indemnification agreements) or (ii) any other party to the Proceeding giving rise to a claim for indemnification hereunder. Notwithstanding
the foregoing, the term “Independent Counsel” shall not include any person who, under the applicable standards of professional
conduct then prevailing, would have a conflict of interest in representing either the Company or Indemnitee in an action to determine
Indemnitee’s rights under this Agreement. The Company agrees to pay the reasonable fees and expenses of the Independent Counsel
referred to above and to fully indemnify such counsel against any and all Expenses, claims, liabilities and damages arising out
of or relating to this Agreement or its engagement pursuant hereto.


 


(g)
“Proceeding” shall include any threatened, pending or completed action, suit, arbitration, alternate
dispute resolution mechanism, investigation, inquiry, administrative hearing or any other actual, threatened or completed
proceeding, whether brought in the right of the Company or otherwise and whether of a civil, criminal, administrative or
investigative nature, including any appeal therefrom, in which Indemnitee was, is or will be involved as a party, a potential
party, a non-party witness or otherwise by reason of the fact that Indemnitee is or was a director or officer of the Company,
by reason of any action taken by him or of any action or inaction on his part while acting as director or officer of the
Company, or by reason of the fact that he is or was serving at the request of the Company as a director, trustee, general
partner, managing member, officer, employee or agent of another corporation, partnership, joint venture, trust or fiduciary
of the Company or any other enterprise, in each case whether or not serving in such capacity at the time any liability or
expense is incurred for which indemnification, reimbursement, or advancement of expenses can be provided under this
Agreement.


 


 


 






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(h) Reference to “other
enterprise” shall include employee benefit plans; references to “fines” shall include any excise tax
assessed with respect to any employee benefit plan; references to “serving at the request of the Company” shall
include any service as a director, officer, employee or agent of the Company which imposes duties on, or involves services by,
such director, officer, employee or agent with respect to an employee benefit plan, its participants or beneficiaries; and a person
who acted in good faith and in a manner he reasonably believed to be in the best interests of the participants and beneficiaries
of an employee benefit plan shall be deemed to have acted in a manner “not opposed to the best interests of the Company”
as referred to in this Agreement.


 


Section 3. Indemnity
in Third-Party Proceedings. The Company shall indemnify Indemnitee in accordance with the provisions of this Section 3 if Indemnitee
is, or is threatened to be made, a party to or a participant in any Proceeding, other than a Proceeding by or in the right of the
Company to procure a judgment in its favor. Pursuant to this Section 3, Indemnitee shall be indemnified against all Expenses, judgments,
fines and amounts paid in settlement actually and reasonably incurred by Indemnitee or on his behalf in connection with such Proceeding
or any claim, issue or matter therein, if Indemnitee acted in good faith and in a manner he reasonably believed to be in or not
opposed to the best interests of the Company and, in the case of a criminal proceeding had no reasonable cause to believe that
his conduct was unlawful.


 


Section 4. Indemnity
in Proceedings by or in the Right of the Company. The Company shall indemnify Indemnitee in accordance with the provisions
of this Section 4 if Indemnitee is, or is threatened to be made, a party to or a participant in any Proceeding by or in the right
of the Company to procure a judgment in its favor. Pursuant to this Section 4, Indemnitee shall be indemnified against all Expenses
actually and reasonably incurred by him or on his behalf in connection with such Proceeding or any claim, issue or matter therein,
if Indemnitee acted in good faith and in a manner he reasonably believed to be in or not opposed to the best interests of the Company.
No indemnification for Expenses shall be made under this Section 4 in respect of any claim, issue or matter as to which Indemnitee
shall have been finally adjudged by a court to be liable to the Company, unless and only to the extent that the Nevada Court of
Chancery or any court in which the Proceeding was brought shall determine upon application that, despite the adjudication of liability
but in view of all the circumstances of the case, Indemnitee is fairly and reasonably entitled to indemnification.


 


Section 5. Indemnification
for Expenses of a Party Who is Wholly or Partly Successful. Notwithstanding any other provisions of this Agreement, to the
extent that Indemnitee is a party to (or a participant in) and is successful, on the merits or otherwise, in any Proceeding or
in defense of any claim, issue or matter therein, in whole or in part, the Company shall indemnify Indemnitee against all Expenses
actually and reasonably incurred by him in connection therewith. If Indemnitee is not wholly successful in such Proceeding but
is successful, on the merits or otherwise, as to one or more but less than all claims, issues or matters in such Proceeding, the
Company shall indemnify Indemnitee against all Expenses actually and reasonably incurred by him or on his behalf in connection
with each successfully resolved claim, issue or matter. If the Indemnitee is not wholly successful in such Proceeding, the Company
also shall indemnify Indemnitee against all Expenses actually and reasonably incurred in connection with a claim, issue or matter
related to any claim, issue, or matter on which the Indemnitee was successful. For purposes of this Section and without limitation,
the termination of any claim, issue or matter in such a Proceeding by dismissal, with or without prejudice, shall be deemed to
be a successful result as to such claim, issue or matter.


 


Section 6. Indemnification
For Expenses of a Witness. Notwithstanding any other provision of this Agreement, to the extent that Indemnitee is, by reason
of his Corporate Status, a witness in any Proceeding to which Indemnitee is not a party, he shall be indemnified against all Expenses
actually and reasonably incurred by him or on his behalf in connection therewith.


 


 


 






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Section 7. Additional Indemnification.


 


(a)
Notwithstanding any limitation in Sections 3, 4, or 5, the Company shall indemnify Indemnitee to the fullest extent
permitted by law if Indemnitee is a party to or threatened to be made a party to or a participant in any Proceeding (including
a Proceeding by or in the right of the Company to procure a judgment in its favor) against all Expenses, judgments, fines and amounts
paid in settlement actually and reasonably incurred by Indemnitee in connection with the Proceeding.


 


(b) For purposes of Section
7(a), the meaning of the phrase “to the fullest extent permitted by law” shall include, but not be limited
to:


 


(i) to the fullest extent
permitted by the provision of the NRS that authorizes or contemplates additional indemnification by agreement, or the corresponding
provision of any amendment to or replacement of the NRS; and


 


(ii)        
to the fullest extent authorized or permitted by any amendments to or replacements of the NRS adopted after the date of
this Agreement that increase the extent to which a corporation may indemnify its officers and directors.


 


Section 8. Exclusions.
Notwithstanding any provision in this Agreement, the Company shall not be obligated under this Agreement to make any indemnity
in connection with any claim made against Indemnitee:


 


(a) 
for which payment has actually been made to or on behalf of Indemnitee under any insurance policy or other indemnity provision,
except with respect to any excess beyond the amount paid under any insurance policy or other indemnity provision, except (i) to
the extent that amounts are thereafter “clawed back” or otherwise under dispute and (ii) as may be otherwise agreed
upon by the Company in writing;


 


(b) 
for an accounting of profits made from the purchase and sale (or sale and purchase) by Indemnitee of securities of the Company
within the meaning of Section 16(b) of the Securities Exchange Act of 1934, as amended, or similar provisions of state statutory
law or common law; or


 


(c) 
in connection with any Proceeding (or any part of any Proceeding) initiated by Indemnitee, including any Proceeding (or
any part of any Proceeding) initiated by Indemnitee against the Company or its directors, officers, employees or other indemnitees,
unless (i) the Board authorized the Proceeding (or any part of the Proceeding) prior to its initiation (ii) the Company provides
the indemnification, in its sole discretion, pursuant to the powers vested in the Company under applicable law or (iii) such Proceeding
is initiated by Indemnitee to enforce his rights under this Agreement.


 


Section 9. Advances
of Expenses. Notwithstanding any provision of this Agreement to the contrary, the Company shall advance the expenses incurred
by Indemnitee in connection with any Proceeding within thirty (30) days after the receipt by the Company of a statement or statements
requesting such advances from time to time (which shall include invoices received by Indemnitee in connection with such Expenses
but, in the case of invoices in connection with legal services, any references to legal work performed or to expenditures made
that would cause Indemnitee to waive any privilege accorded by applicable law shall not be so included), whether prior to or after
final disposition of any Proceeding. Advances shall be unsecured and interest free. Advances shall be made without regard to Indemnitee’s
ability to repay the expenses and without regard to Indemnitee’s ultimate entitlement to indemnification under the other
provisions of this Agreement. Advances shall include any and all reasonable Expenses incurred pursuing an action to enforce this
right of advancement, including Expenses incurred preparing and forwarding statements to the Company to support the advances claimed.
The Indemnitee shall qualify for advances upon the execution and delivery to the Company of this Agreement which shall constitute
an undertaking providing that the Indemnitee undertakes to repay the advance to the extent that it is ultimately determined that
Indemnitee is not entitled to be indemnified by the Company. This Section 9 shall not apply to any claim made by Indemnitee for
which indemnity is excluded pursuant to Section 8.


 


Section 10. Procedure for Notification and Defense of Claim.


 


(a) To obtain
indemnification under this Agreement, Indemnitee shall submit to the Company a written request, including therein or
therewith such documentation and information as is reasonably available to Indemnitee and is reasonably necessary to
determine whether and to what extent Indemnitee is entitled to indemnification, not later than thirty (30) days after receipt
by Indemnitee of notice of the commencement of any Proceeding. The failure by Indemnitee to notify the Company will not
relieve the Company from any liability which it may have to Indemnitee hereunder or under any other agreement (including,
without limitation, the Company’s Certificate of Incorporation and Bylaws), and any delay in so notifying the Company
shall not constitute a waiver by Indemnitee of any rights hereunder, except to the extent (solely with respect to the
indemnity hereunder) that such failure or delay materially prejudices the Company. The Secretary of the Company shall,
promptly upon receipt of such a request for indemnification, advise the Board in writing that Indemnitee has requested
indemnification.


 


 


 






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(b) The Company will be entitled to participate
in the Proceeding at its own expense.


 


Section 11. Procedure Upon Application for Indemnification.


 


(a) Upon written request
by Indemnitee for indemnification pursuant to the first sentence of Section 10(a), a determination, if required by applicable
law, with respect to Indemnitee’s entitlement thereto shall be made in the specific case: (i) if a Change in Control shall
have occurred, by Independent Counsel in a written opinion to the Board, a copy of which shall be delivered to Indemnitee or (ii)
if a Change in Control shall not have occurred, (A) by a majority vote of the Disinterested Directors, even though less than a
quorum of the Board, (B) by a committee of Disinterested Directors designated by a majority vote of the Disinterested Directors,
even though less than a quorum of the Board, (C) if there are no such Disinterested Directors or, if such Disinterested Directors
so direct, by Independent Counsel in a written opinion to the Board, a copy of which shall be delivered to Indemnitee or (D) if
so directed by the Board, by the stockholders of the Company; and, if it is so determined that Indemnitee is entitled to indemnification,
payment to Indemnitee shall be made within ten (10) days after such determination. Indemnitee shall cooperate with the person,
persons or entity making such determination with respect to Indemnitee’s entitlement to indemnification, including providing
to such person, persons or entity upon reasonable advance request any documentation or information which is not privileged or
otherwise protected from disclosure and which is reasonably available to Indemnitee and reasonably necessary to such determination.
Any costs or expenses (including attorneys’ fees and disbursements) incurred by Indemnitee in so cooperating with the person,
persons or entity making such determination shall be borne by the Company (irrespective of the determination as to Indemnitee’s
entitlement to indemnification) and the Company hereby indemnifies and agrees to hold Indemnitee harmless therefrom.


 


(b)
In the event the determination of entitlement to indemnification is to be made by Independent Counsel pursuant to Section
11(a) hereof, the Independent Counsel shall be selected as provided in this Section 11(b). If a Change in Control shall
not have occurred, the Independent Counsel shall be selected by the Board, and the Company shall give written notice to Indemnitee
advising him of the identity of the Independent Counsel so selected. If a Change in Control shall have occurred, the Independent
Counsel shall be selected by Indemnitee (unless Indemnitee shall request that such selection be made by the Board, in which event
the preceding sentence shall apply), and Indemnitee shall give written notice to the Company advising it of the identity of the
Independent Counsel so selected. In either event, Indemnitee or the Company, as the case may be, may, within ten (10) days after
such written notice of selection shall have been given, deliver to the Company or to Indemnitee, as the case may be, a written
objection to such selection; provided, however, that such objection may be asserted only on the ground that the Independent
Counsel so selected does not meet the requirements of “Independent Counsel” as defined in Section 2 of this
Agreement, and the objection shall set forth with particularity the factual basis of such assertion. Absent a proper and timely
objection, the person so selected shall act as Independent Counsel. If such written objection is so made and substantiated, the
Independent Counsel so selected may not serve as Independent Counsel unless and until such objection is withdrawn or a court has
determined that such objection is without merit. If, within twenty (20) days after submission by Indemnitee of a written request
for indemnification pursuant to Section 10(a) hereof, no Independent Counsel shall have been selected and not objected to,
either the Company or Indemnitee may petition a court of competent jurisdiction for resolution of any objection which shall have
been made by the Company or Indemnitee to the other’s selection of Independent Counsel and/or for the appointment as Independent
Counsel of a person selected by the Court or by such other person as the Court shall designate, and the person with respect to
whom all objections are so resolved or the person so appointed shall act as Independent Counsel under Section 11(a) hereof.
Upon the due commencement of any judicial proceeding or arbitration pursuant to Section 13(a) of this Agreement, Independent
Counsel shall be discharged and relieved of any further responsibility in such capacity (subject to the applicable standards of
professional conduct then prevailing).


 


 


 






    	 	10	 



     


    

 


Section 12. Presumptions and Effect of Certain Proceedings.


 


(a) In making a determination
with respect to entitlement to indemnification hereunder, the person or persons or entity making such determination shall presume
that Indemnitee is entitled to indemnification under this Agreement if Indemnitee has submitted a request for indemnification
in accordance with Section 10(a) of this Agreement, and the Company shall have the burden of proof to overcome that presumption
in connection with the making by any person, persons or entity of any determination contrary to that presumption. Neither the
failure of the Company (including by its directors or independent legal counsel) to have made a determination prior to the commencement
of any action pursuant to this Agreement that indemnification is proper in the circumstances because Indemnitee has met the applicable
standard of conduct, nor an actual determination by the Company (including by its directors or independent legal counsel) that
Indemnitee has not met such applicable standard of conduct, shall be a defense to the action or create a presumption that Indemnitee
has or has not met the applicable standard of conduct.


 


(b) If the person, persons
or entity empowered or selected under Section 11 of this Agreement to determine whether Indemnitee is entitled to indemnification
shall not have made a determination within sixty (60) days after receipt by the Company of the request therefor, the requisite
determination of entitlement to indemnification shall be deemed to have been made and Indemnitee shall be entitled to such indemnification,
absent (i) a misstatement by Indemnitee of a material fact, or an omission of a material fact necessary to make Indemnitee’s
statement not materially misleading, in connection with the request for indemnification or (ii) a prohibition of such indemnification
under applicable law; provided, however, that such 60-day period may be extended for a reasonable time, not to exceed an
additional thirty (30) days, if the person, persons or entity making the determination with respect to entitlement to indemnification
in good faith requires such additional time for the obtaining or evaluating of documentation and/or information relating thereto;
and provided, further, that the foregoing provisions of this Section 12(b)  shall not apply (i) if the determination
of entitlement to indemnification is to be made by the stockholders pursuant to Section 11(a) of this Agreement and if
(A) within fifteen (15) days after receipt by the Company of the request for such determination the Board has resolved to submit
such determination to the stockholders for their consideration at an annual meeting thereof to be held within seventy-five (75)
days after such receipt and such determination is made thereat, or (B) a special meeting of stockholders is called within fifteen
(15) days after such receipt for the purpose of making such determination, such meeting is held for such purpose within sixty
(60) days after having been so called and such determination is made thereat or (ii) if the determination of entitlement to indemnification
is to be made by Independent Counsel pursuant to Section 11(a) of this Agreement.


 


(c)
The termination of any Proceeding or of any claim, issue or matter therein, by judgment, order, settlement or conviction,
or upon a plea of nolo contendere or its equivalent, shall not (except as otherwise expressly provided in this Agreement)
of itself adversely affect the right of Indemnitee to indemnification or create a presumption that Indemnitee did not act in good
faith and in a manner which he reasonably believed to be in or not opposed to the best interests of the Company or, with respect
to any criminal Proceeding, that Indemnitee had reasonable cause to believe that his conduct was unlawful.


 


(d)
Reliance as Safe Harbor. For purposes of any determination of good faith, Indemnitee shall be deemed to have acted
in good faith if Indemnitee’s action is based on the records or books of account of the Enterprise, including financial statements,
or on information supplied to Indemnitee by the officers of the Enterprise in the course of their duties, or on the advice of legal
counsel for the Enterprise or on information or records given or reports made to the Enterprise by an independent certified public
accountant or by an appraiser or other expert selected with reasonable care by the Enterprise. The provisions of this Section
12(d) shall not be deemed to be exclusive or to limit in any way the other circumstances in which the Indemnitee may be deemed
to have met the applicable standard of conduct set forth in this Agreement.


 


(e) Actions of Others.
The knowledge and/or actions, or failure to act, of any director, officer, agent or employee of the Enterprise shall not be imputed
to Indemnitee for purposes of determining the right to indemnification under this Agreement.


 


Section 13. Remedies of Indemnitee.


 


(a) In the event that (i)
a determination is made pursuant to Section 11 of this Agreement that Indemnitee is not entitled to indemnification under
this Agreement, (ii) advancement of Expenses is not timely made pursuant to Section 9 of this Agreement, (iii) no determination
of entitlement to indemnification shall have been made pursuant to Section 11(a) of this Agreement within forty-five (45)
days after receipt by the Company of the request for indemnification, (iv) payment of indemnification is not made pursuant to Section
5 or 6 or the last sentence of Section 11(a) of this Agreement within ten (10) days after receipt by the Company of
a written request therefor, (v) payment of indemnification pursuant to Section 3, 4 or 7 of this Agreement is not made within
ten (10) days after a determination has been made that Indemnitee is entitled to indemnification or (vi) the Company or any other
person or entity takes or threatens to take any action to declare this Agreement void or unenforceable, or institutes any litigation
or other action or proceeding designed to deny, or to recover from, Indemnitee the benefits provided or intended to be provided
to Indemnitee hereunder, Indemnitee shall be entitled to an adjudication by a court, selected pursuant to Section 22, to such indemnification
or advancement of Expenses. Alternatively, Indemnitee, at his option, may seek an award in arbitration to be conducted by a single
arbitrator through the Judicial Arbitration and Mediation Service (“JAMS”). Indemnitee shall commence such proceeding
seeking an adjudication or an award in arbitration within 180 days following the date on which Indemnitee first has the right to
commence such proceeding pursuant to this Section 13(a); provided, however, that the foregoing clause shall not apply in
respect of a proceeding brought by Indemnitee to enforce his rights under Section 5 of this Agreement. The Company shall
not oppose Indemnitee’s right to seek any such adjudication or award in arbitration.


 


 


 






    	 	11	 



     


    

 


(b)     
In the event that a determination shall have been made pursuant to Section 11(a) of this Agreement that Indemnitee
is not entitled to indemnification, any judicial proceeding or arbitration commenced pursuant to this Section 13 shall be
conducted in all respects as a de novo trial, or arbitration, on the merits and Indemnitee shall not be prejudiced by reason of
that adverse determination. In any judicial proceeding or arbitration commenced pursuant to this Section 13 the Company
shall have the burden of proving Indemnitee is not entitled to indemnification or advancement of Expenses, as the case may be.


 




(c) If a determination
shall have been made pursuant to Section 11(a) of this Agreement that Indemnitee is entitled to indemnification, the Company
shall be bound by such determination in any judicial proceeding or arbitration commenced pursuant to this Section 13, absent
(i) a misstatement by Indemnitee of a material fact, or an omission of a material fact necessary to make Indemnitee’s statement
not materially misleading, in connection with the request for indemnification or (ii) a prohibition of such indemnification under
applicable law.


 


(d)
The Company shall be precluded from asserting in any judicial proceeding or arbitration commenced pursuant to this Section
13 that the procedures and presumptions of this Agreement are not valid, binding and enforceable and shall stipulate in any
such court or before any such arbitrator that the Company is bound by all the provisions of this Agreement. The Company shall indemnify
Indemnitee against any and all Expenses and, if requested by Indemnitee, shall (within ten (10) days after receipt by the Company
of a written request therefore) advance such Expenses to Indemnitee, which are incurred by Indemnitee in connection with any action
brought by Indemnitee for indemnification or advancement of Expenses from the Company under this Agreement or under any directors’
and officers’ liability insurance policies maintained by the Company, regardless of whether Indemnitee ultimately is determined
to be entitled to such indemnification, advancement of Expenses or insurance recovery, as the case may be.


 


Section 14. Non-exclusivity; Survival of Rights; Insurance; Subrogation.


 


(a) The rights of indemnification
and to receive advancement of Expenses as provided by this Agreement shall not be deemed exclusive of any other rights to which
Indemnitee may at any time be entitled under applicable law, the Company’s Certificate of Incorporation, the Company’s
Bylaws, any agreement, a vote of stockholders or a resolution of directors, or otherwise. No amendment, alteration or repeal of
this Agreement or of any provision hereof shall limit or restrict any right of Indemnitee under this Agreement in respect of any
action taken or omitted by such Indemnitee in his Corporate Status prior to such amendment, alteration or repeal. To the extent
that a change in Nevada law, whether by statute or judicial decision, permits greater indemnification or advancement of Expenses
than would be afforded currently under the Company’s Certificate of Incorporation, Bylaws and this Agreement, it is the
intent of the parties hereto that Indemnitee shall enjoy by this Agreement the greater benefits so afforded by such change. No
right or remedy herein conferred is intended to be exclusive of any other right or remedy, and every other right and remedy shall
be cumulative and in addition to every other right and remedy given hereunder or now or hereafter existing at law or in equity
or otherwise. The assertion or employment of any right or remedy hereunder, or otherwise, shall not prevent the concurrent assertion
or employment of any other right or remedy.


 


 


 






    	 	12	 



     


    

 


(b)
To the extent that the Company maintains an insurance policy or policies providing liability insurance for directors, officers,
employees, or agents of the Company or of any other corporation, partnership, joint venture, trust, employee benefit plan or other
enterprise which such person serves at the request of the Company, Indemnitee shall be covered by such policy or policies in accordance
with its or their terms to the maximum extent of the coverage available for any such director, officer, employee or agent under
such policy or policies. If, at the time of the receipt of a notice of a claim pursuant to the terms hereof, the Company has director
and officer liability insurance in effect, the Company shall give prompt notice of the commencement of such proceeding to the insurers
in accordance with the procedures set forth in the respective policies. The Company shall thereafter take all necessary or desirable
action to cause such insurers to pay, on behalf of the Indemnitee, all amounts payable as a result of such proceeding in accordance
with the terms of such policies.


 


(c)
In the event of any payment under this Agreement, the Company shall be subrogated to the extent of such payment to all of
the rights of recovery of Indemnitee, who shall execute all papers required and take all action necessary to secure such rights,
including execution of such documents as are necessary to enable the Company to bring suit to enforce such rights.


 


(d)
The Company shall not be liable under this Agreement to make any payment of amounts otherwise indemnifiable (or for which
advancement is provided hereunder) hereunder if and to the extent that Indemnitee has otherwise actually received such payment
under any insurance policy, contract, agreement or otherwise except (i) to the extent that amounts are thereafter “clawed
back” or otherwise under dispute and (ii) as may be otherwise agreed upon by the Company in writing.


 


(e) The Company’s
obligation to indemnify or advance Expenses hereunder to Indemnitee who is or was serving at the request of the Company as a director,
officer, employee or agent of any other corporation, partnership, joint venture, trust, employee benefit plan or other enterprise
shall be reduced by any amount Indemnitee has actually received as indemnification or advancement of expenses from such other
corporation, partnership, joint venture, trust, employee benefit plan or other enterprise.


 


Section 15. Duration
of Agreement. This Agreement shall continue until and terminate upon the later of: (a) ten (10) years after the date that Indemnitee
shall have ceased to serve as a director or (b) one (1) year after the final termination of any Proceeding then pending in respect
of which Indemnitee is granted rights of indemnification or advancement of Expenses hereunder and of any proceeding (including
any appeal) commenced by Indemnitee pursuant to Section 13 of this Agreement relating thereto. This Agreement shall be binding
upon the Company and its successors and assigns and shall inure to the benefit of Indemnitee and his heirs, executors and administrators.
The Company shall require and shall cause any successor (whether direct or indirect by purchase, merger, consolidation or otherwise)
to all or substantially all of the business or assets of the Company to, by written agreement, expressly assume and agree to perform
this Agreement in the same manner and to the same extent that the Company would be required to perform if no such succession had
taken place.


 


Section 16. Severability.
If any provision or provisions of this Agreement shall be held to be invalid, illegal or unenforceable for any reason whatsoever:
(a) the validity, legality and enforceability of the remaining provisions of this Agreement (including without limitation, each
portion of any Section of this Agreement containing any such provision held to be invalid, illegal or unenforceable, that is not
itself invalid, illegal or unenforceable) shall not in any way be affected or impaired thereby and shall remain enforceable to
the fullest extent permitted by law; (b) such provision or provisions shall be deemed reformed to the extent necessary to conform
to applicable law and to give the maximum effect to the intent of the parties hereto; and (c) to the fullest extent possible, the
provisions of this Agreement (including, without limitation, each portion of any Section of this Agreement containing any such
provision held to be invalid, illegal or unenforceable, that is not itself invalid, illegal or unenforceable) shall be construed
so as to give effect to the intent manifested thereby.


 


Section 17. Enforcement.


 


(a) The Company expressly
confirms and agrees that it has entered into this Agreement and assumed the obligations imposed on it hereby in order to induce
Indemnitee to serve as a director of the Company, and the Company acknowledges that Indemnitee is relying upon this Agreement
in serving as a director of the Company.


 


(b) This Agreement constitutes
the entire agreement between the parties hereto with respect to the subject matter hereof and supersedes all prior agreements
and understandings, oral, written and implied, between the parties hereto with respect to the subject matter hereof.


 


 


 






    	 	13	 



     


    

 


Section 18. Modification
and Waiver. No supplement, modification or amendment of this Agreement shall be binding unless executed in writing by the parties
thereto. No waiver of any of the provisions of this Agreement shall be deemed or shall constitute a waiver of any other provisions
of this Agreement nor shall any waiver constitute a continuing waiver.


 


Section 19. Notice
by Indemnitee. Indemnitee agrees promptly to notify the Company in writing upon being served with any summons, citation, subpoena,
complaint, indictment, information or other document relating to any Proceeding or matter which may be subject to indemnification
or advancement of Expenses covered hereunder. The failure of Indemnitee to so notify the Company shall not relieve the Company
of any obligation which it may have to the Indemnitee under this Agreement or otherwise.


 


Section 20. Notices.
All notices, requests, demands and other communications under this Agreement shall be in writing and shall be deemed to have been
duly given (a) if delivered by hand and receipted for by the party to whom said notice or other communication shall have been directed,
or (b) mailed by certified or registered mail with postage prepaid, on the third business day after the date on which it is so
mailed:


 


(a)     
If to Indemnitee, at the address indicated on the signature page of this Agreement, or such other address as Indemnitee
shall provide to the Company.


 


(b)     
If to the Company to:


E-5-2, Megan Avenue 1, Block E


189 Jalan Tun Razak


50400 Kuala Lumpur, Malaysia


Attn: President


 


or to any other address as may have been furnished to Indemnitee
by the Company.


 


Section 21. Contribution.
To the fullest extent permissible under applicable law, if the indemnification provided for in this Agreement is unavailable to
Indemnitee for any reason whatsoever, the Company, in lieu of indemnifying Indemnitee, shall contribute to the amount incurred
by Indemnitee, whether for judgments, fines, penalties, excise taxes, amounts paid or to be paid in settlement and/or for Expenses,
in connection with any claim relating to an indemnifiable event under this Agreement, in such proportion as is deemed fair and
reasonable in light of all of the circumstances of such Proceeding in order to reflect (i) the relative benefits received by the
Company and Indemnitee as a result of the event(s) and/or transaction(s) giving cause to such Proceeding and/or (ii) the relative
fault of the Company (and its directors, officers, employees and agents) and Indemnitee in connection with such event(s) and/or
transaction(s).


 


Section 22. Applicable
Law and Consent to Jurisdiction. This Agreement and the legal relations among the parties shall be governed by, and construed
and enforced in accordance with, the laws of the State of Nevada, without regard to its conflict of laws rules. Except with respect
to any arbitration commenced by Indemnitee pursuant to Section 13(a) of this Agreement, the Company and Indemnitee hereby irrevocably
and unconditionally (i) agree that any action or proceeding arising out of or in connection with this Agreement shall be brought
only in the Superior Court of the State of Nevada (the “Nevada Court”), and not in any other state or federal
court in the United States of America or any court in any other country, (ii) consent to submit to the exclusive jurisdiction of
the Nevada Court for purposes of any action or proceeding arising out of or in connection with this Agreement, (iii) waive any
objection to the laying of venue of any such action or proceeding in the Nevada Court and (iv) waive, and agree not to plead or
to make, any claim that any such action or proceeding brought in the Nevada Court has been brought in an improper or inconvenient
forum.


 


Section 23. Coverage.
This Agreement shall apply with respect to Indemnitee’s service as a director of the Company prior to the date of this Agreement.


 


Section
24. Identical Counterparts. This Agreement may be executed in one or more counterparts, each of which shall for all purposes
be deemed to be an original but all of which together shall constitute one and the same Agreement. Only one such counterpart signed
by the party against whom enforceability is sought needs to be produced to evidence the existence of this Agreement. The parties
hereto agree to accept a facsimile transmission copy of their respective actual signatures as evidence of their actual signatures
to this Agreement and any modification or amendment of this Agreement; provided, however, that each party who produces a facsimile
signature agrees, by the express terms hereof, to place, promptly after transmission of his or her signature by fax, a true and
correct original copy of his or her signature in overnight mail to the address of the other party.


 


 






    	 	14	 



     


    

 


Section 25. Miscellaneous. Use of the
masculine pronoun shall be deemed to include usage of the feminine pronoun where appropriate. The headings of the paragraphs of
this Agreement are inserted for convenience only and shall not be deemed to constitute part of this Agreement or to affect the
construction thereof.


IN WITNESS WHEREOF, the parties have caused
this Agreement to be signed as of the day and year first above written.


 


PRIME GLOBAL CAPITAL GROUP INCORPORATED INDEMNITEE




 


 





	By: ____________________	 	______________________
	 	 	Choon Meng, Soo
	Name: Weng Kung, Dato' Wong	 	 
	 	 	 
	Its: Chief Executive Officer	 	 



 


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 






    	 	15	 



     


    

 





EXHIBIT B


 


PROPRIETARY INFORMATION, INVENTIONS AND NON-COMPETITION
AGREEMENT


 


This PROPRIETARY INFORMATION, INVENTIONS and
NON-COMPETITION AGREEMENT (the “Agreement”) is made and entered into as of August 01, 2017 (the “Effective Date”),
by and between Prime Global Capital Group Incorporated, a Nevada corporation (“Corporation”) and Choon Meng, Soo (“Director”).


 


RECITALS


 


WHEREAS, the parties desire to assure the confidential
status and proprietary nature of the information which may be disclosed by Corporation to the Director; and


 


AGREEMENT


 


NOW THEREFORE, in reliance upon and in consideration
of the following undertaking, the parties agree as follows:


 


1. Nondisclosure.


 


1.1 Recognition of Corporation’s Rights;
Nondisclosure. At all times during the period of time Director serves as a member of the board of directors of the Corporation
(“Service Period”) and provides the necessary and requested services in such capacity (“Services”), Director
will hold in strictest confidence and will not disclose, use, lecture upon or publish any of the Corporation’s Proprietary
Information (defined below), except as such disclosure, use or publication may be required in connection with Service to the Corporation,
or unless the Corporation expressly authorizes such disclosure in writing. Director will obtain Corporation’s written approval
before publishing or submitting for publication any material (written, verbal, or otherwise) that relates to Services and/or incorporates
any Proprietary Information. Director hereby assigns to the Corporation any rights Director may have or acquire in such Proprietary
Information and recognizes that all Proprietary Information shall be the sole property of the Corporation and its assigns.


 


1.2 Proprietary Information. The term
“Proprietary Information” shall mean any and all confidential and/or proprietary knowledge, data or information
of the Corporation, including that which Director may produce in service to the Corporation. By way of illustration but not limitation,
“Proprietary Information” includes (a) trade secrets, inventions, mask works, ideas, processes, formulas, source
and object codes, data, programs, other works of authorship, know-how, improvements, discoveries, developments, designs and techniques
(hereinafter collectively referred to as “Inventions”); and (b) information regarding plans for research, development,
new products, marketing and selling, business plans, budgets and unpublished financial statements, pricing strategies, licenses,
prices and costs, suppliers and customers; and (c) information regarding the skills and compensation of other service providers
of the Corporation.


 


1.3 Third Party Information. Director
understands, in addition, that the Corporation has received and in the future will receive from third parties, including clients,
customers, consultants, licensees or affiliates, confidential or proprietary information (“Third Party Information”).
Director understands that the Corporation has a duty to maintain the confidentiality of such Third Party Information and to use
it only for certain limited purposes. During the Service Period and thereafter, Director will hold Third Party Information in the
strictest confidence and will not disclose Third Party Information to anyone (other than Corporation personnel who need to know
such information in connection with their work for the Corporation) or use Third Party Information (except in connection with the
performance of Director’s Services for the Corporation), unless expressly authorized by the Corporation in writing.


 


1.4 No Improper Use of Information of Prior
Employers and Others. During the Service Period, Director will not improperly use or disclose any confidential information
or trade secrets, if any, of any former or current employer or any other person to whom Director has an obligation of confidentiality,
and Director will not bring onto the Corporation premises any unpublished documents or any property belonging to any former or
current employer or any other person to whom Director has an obligation of confidentiality unless consented to in writing by that
former or current employer or person. In the performance of his duties, Director will only use information which is generally known
and used by persons with training and experience comparable to his own, which is common knowledge in the industry or otherwise
legally in the public domain, or which is otherwise provided or developed by the Corporation.


 


 


 






    	 	16	 



     


    

 


2.       Assignment
of Inventions.


 


2.1 Proprietary Rights. The term “Proprietary
Rights” shall mean all trade secrets, patent, copyright, mask work and other intellectual property rights throughout
the world.


 


2.2 Prior Inventions. Inventions, if
any, patented or unpatented, which Director made prior to the commencement of the Service Period are excluded from the scope of
this Agreement. To preclude any possible uncertainty, Director has set forth on Attachment B (Previous Inventions) attached
hereto a complete list of all Inventions that Director has or caused to be (alone or jointly with others) conceived, developed
or reduced to practice prior to the commencement of the Service Period, that Director considers to be his property or the property
of third parties and that Director wishes to have excluded from the scope of this Agreement (collectively referred to as “Prior
Inventions”). If such disclosure would cause Director to violate any prior confidentiality agreement, Director shall
not list such Prior Inventions in Attachment B but only disclose a cursory name for each such Invention, a listing of the
party(ies) to whom it belongs and the fact that full disclosure as to such inventions has not been made for that reason. A space
is provided on Attachment B for such purpose. If no such disclosure is attached, Director represents that there are no Prior
Inventions. If, during the Service Period, Director incorporates a Prior Invention into a Corporation product, process or machine,
the Corporation is hereby granted and shall have a nonexclusive, royalty-free, irrevocable, perpetual, worldwide license (with
rights to sublicense through multiple tiers of sublicensees) to make, have made, modify, use and sell such Prior Invention. Notwithstanding
the foregoing, Director agrees that he will not incorporate, or permit to be incorporated, Prior Inventions in any Corporation
Inventions without the Corporation’s prior written consent.


 


2.3 Assignment of Inventions. Subject
to Sections 2.4 and 2.6, Director hereby assigns, and agrees to assign in the future when any such Inventions or Proprietary Rights
are first reduced to practice or first fixed in a tangible medium, as applicable, to the Corporation all right, title and interest
in and to any and all Inventions (and all Proprietary Rights with respect thereto) whether or not patentable or registrable under
copyright or similar statutes, made or conceived or reduced to practice or learned by Director, either alone or jointly with others,
during the Service Period. Inventions assigned to the Corporation, or to a third party as directed by the Corporation pursuant
to this Section 2, are hereinafter referred to as “Corporation Inventions.”


 


2.4 Non-assignable Inventions.
This Agreement does not apply to an Invention which the Director developed entirely on his or her own time without using the Company’s
equipment, supplies, facilities, or trade secret information except for those inventions that either:


 





		·	Relate at the time of conception or reduction
to practice of the invention to the Company’s business, or actual or demonstrably anticipated research or development of
the Company; or



 


		·	Result from any Services performed by the Director
for the Company.





 


2.5. Limited Exclusion Notification.
Director has reviewed the notification on Attachment A (Limited Exclusion Notification) and agrees that his signature acknowledges
receipt of the notification.


 


2.6 Obligation to Keep Corporation Informed.
During the Service Period, and for twelve (12) months after termination of the Service Period, Director will fully disclose in
writing to the Corporation all Inventions authored, conceived or reduced to practice by Director, either alone or jointly with
others, within no more than thirty (30) days after creation. In addition, Director will disclose to the Corporation all patent
applications filed within a year after termination of the Service Period by Director, or on his behalf, within no more than thirty
(30) days after filing. At the time of each such disclosure, Director will advise the Corporation in writing of any Inventions
that he believes fully qualify for exemption under Section 2.4 of this Agreement, and Director will, at that time, provide all
written evidence necessary to substantiate that belief. The Corporation will keep in confidence and will not use for any purpose
or disclose to third parties without Director’s consent any confidential information disclosed in writing to the Corporation
pursuant to this Agreement relating to Inventions that qualify fully for exemption under the provisions of Section 2.4 of this
Agreement. Director will preserve the confidentiality of any Invention that does not fully qualify for exemption under Section
2.4 of this Agreement.


 


2.7 Works for Hire. Director
acknowledges that all original works of authorship which are made by Director (solely or jointly with others) within the
scope of Service and which are protectable by copyright are “works made for hire,” pursuant to United States
Copyright Act (17 U.S.C., Section 101) and shall be the sole property of the Corporation.


 


 


 






    	 	17	 



     


    

 


2.8 Enforcement of Proprietary Rights.
Director will assist the Corporation, or its nominee, to obtain and enforce United States and foreign Proprietary Rights relating
to Corporation Inventions in any and all countries, and such Proprietary Rights and Corporation Inventions shall be and remain
the sole and exclusive property of the Corporation, or its nominee, whether or not patented or copyrighted. Accordingly, Director
will promptly execute, verify and deliver such documents and perform such other acts (including appearances as a witness and assistance
or cooperation in legal proceedings) as the Corporation may reasonably request in applying for, obtaining, perfecting, evidencing,
sustaining and enforcing such Proprietary Rights and the assignment thereof. This obligation shall survive and continue beyond
the termination of the Service Period, but the Corporation shall compensate Director at a reasonable rate after his termination
for the time actually spent providing such assistance.


 


2.9 Appointment of Corporation as Agent.
If, after reasonable effort, the Corporation is unable to secure Director’s signature on any document needed in connection
with the actions specified herein, Director hereby irrevocably designates and appoints the Corporation and its duly authorized
officers and agents as Director’s agents and attorneys-in-fact, which appointment is coupled with an interest, to act for
and in Director’s behalf to execute, verify and file any such documents and to do all other lawfully permitted acts to further
the purposes of this Agreement with the same legal force and effect as if executed by Director. Director hereby waives and quitclaims
to the Corporation any and all claims, of any nature whatsoever, which Director now or may hereafter have for infringement of any
Proprietary Rights assigned hereunder to the Corporation.


 


3.           
Records.


 


Director agrees to keep and maintain adequate
and current records (in the form of notes, sketches, drawings and in any other form that may be required by the Corporation) of
all Proprietary Information developed by Director and all Inventions made by Director during the Service Period, which records
shall be available to and remain the sole property of the Corporation at all times.


 


4.           
Non-Competition Obligation.


 


Director agrees that during the Service Period,
Director will not provide any services or engage in any employment or business activity which is competitive with, or would otherwise
conflict with, Director’s Service to the Corporation, without the Corporation’s express written consent. Director agrees
further that during the Service Period and for two (2) years after the termination of the Service Period, Director will not, either
directly or through others, use trade secret information of the Company to solicit or attempt to solicit any customer, vendor,
employee, independent contractor or consultant of the Corporation to terminate his or her relationship with the Corporation in
order to become a customer, vendor, employee, consultant or independent contractor to or for any other person or entity including,
without limitation, Director.


 


5.           
Non-Solicitation With the Corporation.


 


Director covenants and agrees that, for a period
of two (2) years following termination of the Service Period, Director will not use trade secret information of the Corporation
to solicit or engage in competitive business with Corporation’s existing or potential vendors or customers at the time of
his separation from the Corporation and Director will not encourage or solicit any customer, vendor, employee or consultant to
leave the Corporation for any reason.


 


6.           
No Conflicting Obligation.


 


Director represents that his performance of
all the terms of this Agreement and as a Director to the Corporation does not and will not breach any agreement to keep information
acquired by Director prior to the Service Period in confidence or trust. Director has not entered into, and agrees he will not
enter into, any agreement either written or oral in conflict herewith.


 


 


 






    	 	18	 



     


    

 


7.           
Return of Corporation Documents.


 


Upon termination of the Service Period, Director
will deliver to the Corporation any and all drawings, notes, memoranda, specifications, devices, formulas, and documents, together
with all copies thereof, and any other material containing, comprising or disclosing any Corporation Inventions, Proprietary Information
and Third Party Information. Director further agrees that any property situated on the Corporation’s premises and owned by
the Corporation, including disks and other storage media, filing cabinets or other work areas, is subject to inspection by the
Corporation at any time with or without notice. Prior to leaving, Director will cooperate with the Corporation in completing and
signing the Corporation’s termination statement, which will include, at a minimum, the certifications set forth in Attachment
C.


 


8.           
Legal and Equitable Remedies.


 


Because Director’s services are personal
and unique and because Director may have access to and become acquainted with the Proprietary Information of the Corporation, the
Corporation shall have the right to enforce this Agreement and any of its provisions by injunction, specific performance or other
equitable relief, without bond and without prejudice to any other rights and remedies that the Corporation may have for a breach
of this Agreement.


 


9.           
Notices.


 


Any notices required or permitted hereunder
shall be given to the appropriate party at the address specified below or at such other address as the party shall specify in writing.
Such notice shall be deemed given upon personal delivery to the appropriate address or, if sent by certified or registered mail,
three (3) days after the date of mailing.


 


10.         
General Provisions.


 


10.1
Governing Law; Consent to Personal Jurisdiction; Attorney’s Fees. This Agreement and the legal relations among the
parties shall be governed by, and construed and enforced in accordance with, the laws of the State of Nevada, without regard to
its conflict of laws rules. The Corporation and Director hereby irrevocably and unconditionally (i) agree that any action or proceeding
arising out of or in connection with this Agreement shall be brought only in the State of Nevada (the “Nevada Court”),
and not in any other state or federal court in the United States of America or any court in any other country, (ii) consent to
submit to the exclusive jurisdiction of the Nevada Court for purposes of any action or proceeding arising out of or in connection
with this Agreement, and (iii) waive any objection to the laying of venue of any such action or proceeding in the Nevada Court
and (iv) waive, and agree not to plead or to make, any claim that any such action or proceeding brought in the Nevada Court has
been brought in an improper or inconvenient forum.


 


10.2 Severability. If one or more of
the provisions contained in this Agreement shall, for any reason, be held to be invalid, illegal or unenforceable in any respect,
such invalidity, illegality or unenforceability shall not affect the other provisions of this Agreement, and this Agreement shall
be construed as if such invalid, illegal or unenforceable provision had never been contained herein. If, moreover, any one or more
of the provisions contained in this Agreement shall for any reason be held to be excessively broad as to duration, geographical
scope, activity or subject, it shall be construed by limiting and reducing it, so as to be enforceable to the extent compatible
with the applicable law as it shall then appear.


 


10.3 Successors and Assigns. This Agreement
will be binding upon Director’s heirs, executors, administrators and other legal representatives and will be for the benefits
of the Corporation, its successors, and its assigns.


 


10.4 Survival. Director agrees that
the provisions of this Agreement shall survive the termination of the Service Period and the assignment of this Agreement by the
Corporation to any successor-in-interest or other assignee, regardless of the reason or reasons for termination and whether such
termination is voluntary or involuntary.


 


10.5 Nature of Relationship. This
Agreement shall not be deemed nor does it create an employment contract between the Corporation (or any of its subsidiaries
or related companies) and Director. Director is an independent contractor and shall not be deemed an employee of the
Corporation for purposes of employee benefits, income tax withholding, F.I.C.A. taxes, unemployment benefits or any other
purpose. Director’s term of service is defined in Section 7 of the Director Retainer Agreement between Director and the
Company signed concurrently herewith.


 


 


 






    	 	19	 



     


    

 


10.6 Waiver. No waiver by the Corporation
of any breach of this Agreement shall be a waiver of any preceding or succeeding breach. No waiver by the Corporation of any right
under this Agreement shall be construed as a waiver of any other right. The Corporation shall not be required to give notice to
enforce strict adherence to all terms of this Agreement.


 


10.7 Advice of Counsel. Director acknowledges
that, in executing this Agreement, Director has had the opportunity to seek the advice of independent legal counsel, and Director
has read and understood all of the terms and provisions of this Agreement. This Agreement shall not be construed against any party
by reason of the drafting or preparation hereof.


 


10.8 Modification. This Agreement may
not be changed, modified, released, discharged, abandoned or otherwise amended, in whole or in part, except by an instrument in
writing, signed by Director and the Corporation. Director agrees that any subsequent change or changes in Director’s duties,
salary, or compensation shall not affect the validity or scope of this Agreement.


 


10.9 Entire Agreement. The obligations
of this Agreement shall apply to any time during which Director previously provided service, or will in the future provide service,
to the Corporation as a consultant or agent if no other agreement governs nondisclosure and assignment of inventions during such
period. This Agreement is the final, complete and exclusive agreement of the parties with respect to the subject matter hereof
and supersedes and merges all prior discussions between us. No modification of or amendment to this Agreement, nor any waiver of
any rights under this Agreement, will be effective unless in writing and signed by the party to be charged. The headings in this
Agreement are used for convenience only and are not to be considered a part of this Agreement or be used to interpret the meaning
of any part of this Agreement.


 


10.10 Counterparts. This Agreement may
be signed in two counterparts, each shall be deemed an original and both of which shall together constitute one agreement. The
parties hereto agree to accept a facsimile transmission copy of their respective actual signatures as evidence of their actual
signatures to this Agreement and any modification or amendment of this Agreement; provided, however, that each party who produces
a facsimile signature agrees, by the express terms hereof, to place, promptly after transmission of his or her signature by fax,
a true and correct original copy of his or her signature in overnight mail to the address of the other party.


 


[The remainder of this page has been intentionally
left blank. Signature page(s) to follow]


 


 






    	 	20	 



     


    

 


I HAVE READ THIS AGREEMENT CAREFULLY AND UNDERSTAND
ITS TERMS. I HAVE COMPLETELY FILLED OUT ATTACHMENT B TO THIS AGREEMENT. NO PROMISES OR REPRESENTATIONS HAVE BEEN MADE TO ME TO
INDUCE ME TO SIGN THIS AGREEMENT. I SIGN THIS AGREEMENT VOLUNTARILY AND FREELY.




 


 


Dated: August 1, 2017




 


 


By: ________________________


 


Printed Name: Choon Meng,
Soo


 


ACCEPTED AND AGREED TO:


 


PRIME GLOBAL CAPITAL GROUP INCORPORATED


 


By: _________________________


 


Its: Chief Executive Officer


 


 


 


 


 


 


 


 


 






    	 	21	 



     


    

 





ATTACHMENT A


 


LIMITED EXCLUSION NOTIFICATION


 


THIS IS TO NOTIFY you that the foregoing
Agreement between you and the Corporation dots not require you to assign or offer to assign to the Corporation any invention that
you developed entirely on your own time without using the Corporation's equipment, supplies, facilities or trade secret information
except for those inventions that either:


 


1.    
Relate at the time of conception or reduction to practice of the invention to the Corporation's business or actual or demonstrably
anticipated research or development of the Corporation;


 


2.    
Result from any Services performed by you for the Corporation.


 


To the extent a provision in the foregoing
Agreement purports to require you to assign an invention otherwise excluded front the preceding paragraph, the provision is unenforceable.


 


This limited exclusion
does not apply to any patent or invention covered by a contract between the Corporation and the United States or any of its agencies
requiring full title to such patent or invention to be in the United States.


 


I ACKNOWLEDGE RECEIPT
of a copy of this notification.


 


	 	By: ___________________
	 	 
	 	Date: August 1, 2017


 


 


WITNESSED BY:


 


 


_________________________________


(Printed Name Of Corporation Representative




 


 


 






    	 	22	 



     


    

 





ATTACHMENT B


 


TO:     [                                   ]


 


FROM: _____________________


 


DATE: _____________________


 


SUBJECT: Previous Inventions


 


 1. Except as listed in Section 2 below, the following is a complete list of all inventions or improvements relevant to the subject matter of my provision of service to Prime Global Capital Group Incorporated, a Nevada corporation (the “Corporation”), that have been made or conceived or first reduced to practice by me alone or jointly with others prior to my engagement by the Corporation:




 


 o No inventions or improvements.




o See
below:


 


_____________________________________________________________


_____________________________________________________________


_____________________________________________________________


 


o Additional sheets
attached.


 


2. Due to a prior confidentiality agreement, I cannot complete
the disclosure under Section 1 above with respect to inventions or improvements generally listed below, the proprietary rights
and duty of confidentiality with respect to which I owe to the following party(ies):


 


	 	Invention or Improvement Party(ies)	 	Relationship
	1.	 	 	 
	2.	 	 	 
	3.	 	 	 


 


o Additional sheets
attached.




 


 


 


 


 


 


 


 


 






    	 	23	 



     


    

 





ATTACHMENT C


 


CERTIFICATIONS


 


[Fill Out ONLY Upon Termination of Relationship]


 


I certify that I do not have in my possession,
nor have I failed to return, any records, documents, computer disks, tapes or printouts, sound recordings, customer lists, photographs,
data, specifications, drawings, blueprints, reproductions, sketches, notes, reports, proposals, or copies of them, or other documents
or materials, equipment, samples, prototypes, models or material containing, comprising or disclosing any Corporation Inventions,
Third Party Information or Proprietary Information of the Corporation, its successors and assigns.


 


I further certify that I have complied with
and will continue to comply with all the terms of the Proprietary Information and Inventions Agreement signed by me with the Corporation,
including the reporting of any Inventions conceived or made by me covered by such agreement.


 


I further agree that in compliance with the
Proprietary Information and Inventions Agreement, I will preserve as confidential all trade secrets, confidential information,
Proprietary Information, Inventions, Third Party Information, Proprietary Rights and Corporation Inventions, as well as any other
subject matter pertaining to any business of the Corporation or any of its clients, customers, consultants, licensees, or affiliates.


 


 


 





	 	 
	 	 
	 	 
	 	Date




 


 


 


 


 


 


 


 


 


 






    	 	24