EMPLOYMENT
CONTRACT


 


EMPLOYMENT
CONTRACT (“Contract”‘), between Greenpro Holding Limited which is a wholly owned subsidiary of Greenpro
Capital Corp., a Corporation incorporated in Nevada. United States of America, with a business office at Rm 1701-, 17/F, The Metropolis
Tower, 10 Metropolis Drive, Hung Hom, Hong Kong (hereinafter referred as “GREENPRO”), and Mr. LEE Chong Kuang of Malaysia
ID No: 730902-06-5335 of D-6-3A, D’Alamanda Pudu Impian IV, No. 2, Jalan Pudu Ulu 56100, Kuala Lumpur, Malaysia (hereinafter
referred as “CK”).


 


WHEREAS,
GREENPRO wishes to engage the services of CK as Chief Executive Officer and,


 


WHEREAS,
CK is willing to provide his services and to undertake the duties and responsibilities described below and to enter into this
Contract for such period upon the terms and conditions hereinafter set forth


 


NOW,
THEREFORE, in consideration of the mutual covenants and conditions herein contained, all prior Contracts between the parties arc
waived and of no further effect, and the parties to this Contract agree as follows:


 


	1.	EMPLOYMENT



 


GREENPRO
shall contract with CK, and CK shall serve as Chief Executive Officer during the term of employment set forth in Paragraph 2 of
this Contract. GREENPRO is engaged in the Asia Pacific region, covering including Hong Kong, China, Malaysia, Singapore, Indonesia,
Thailand, Taiwan, etc., in providing services such as corporate advisory, financial review and asset protection, and CK shall
serve GREENPRO as a key member of its’ management team to develop and operate such business.


 


	2.	TERM



 


The
term of this Contract shall be for the period of three (3) years commencing on September 1, 2017 and ending August 31, 2020 and
any extension thereof.


 


	3.	JOB
                                         TITLE AND DUTIES



 


		3.1	Title
                                         and Duties



 


CK
shall be designated by GREENPRO as Chief Executive Officer and during the term of this contract shall have responsibilities commensurate
with his title and position with GREENPRO. Concurrently, CK shall be designated Chief Executive Officer of any and all subsidiaries,
associated companies, affiliated companies and related companies of GREENPRO. And during the term of this contract shall have
responsibilities commensurate with his title and position with GREENPRO. CK shall devote his attention to, and exert his best
efforts in the performance of his duties hereunder, so as to promote the business of GREENPRO and other subsidiaries, associated
companies, and related companies. Further, the Company acknowledges that CK retains his position as CEO of GREENPRO. CK is required
to spend a substantial amount of time in other country/territory or on site with clients of GREENPRO where necessary or appropriate
from time to time to carry out the job and duties properly and effectively.


 


		3.2	Confidential
                                         Information



 


CK
shall not, directly or indirectly, or at any time, during the term of this contract hereunder or thereafter and without regard
to when or for what reason, if any, use or permit the use of any trade secrets, customers’ lists, or other information of,
or relating to GREENPRO, or any such subsidiary or affiliate in connection with any activity or business, except the business
of GREENPRO or any such subsidiary or affiliate and shall not divulge such trade secrets, customer’s lists, and information
to any person, firm, or corporation whatsoever, except as may be necessary in the performance of her duties hereunder or as may
be required by any applicable law or determination of any duly constituted administrative agency.


 




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	4.	COMPENSATION
                                         AND EXPENSES



 


		4.1	Salary



 


GREENPRO
shall pay CK during the Term of Employment a total monthly salary (“salary”) of USD 13,000 i.e. US Dollar Thirteen
Thousand Only or an equivalent in Hong Kong Dollars.


 


		4.2	Business
                                         Expenses



 


GREENPRO
will reimburse CK for all reasonable expenses properly incurred by CK in the performance of his duties hereunder, upon presentation
of properly itemized charges, receipts and /or similar documentation, and otherwise in accordance with policies established from
time to time by the Board of Directors of GREENPRO.


 


		4.3	Housing
                                         Allowance



 


In
addition to his salary CK shall be entitled to a monthly housing allowance of USD 2,000 or an equivalent amount in Hong Kong Dollars,
payable monthly. This allowance will be paid directly to CK who will be responsible for negotiating and concluding his own contractual
arrangements for housing and making all relevant payments.


 


		4.4	Stock
                                         Options



 


CK
will also be entitled to any other stock options as maybe authorized from time to time by the GREENPRO Directors. In the case
of a corporate takeover of GRRENPRO, all options will become fully vested immediately upon such an event occurring.


 


		4.5	Work
                                         Location



 


CK’s
place of work shall be as agreed with the GREENPRO Board of Directors from time to time depending on the job requirement. CK is
required to spend a substantial amount of time in other countries in the Asian Pacific Region, including Hong Kong, China, Malaysia,
Thailand, Taiwan, Singapore and Australia.


 


	5.	BENEFITS



 


		5.1	Holidays
                                         and Annual Vacation Leave



 


CK
shall be entitled to all public holidays in the country/territories where he is located at the time, in addition, to annual vacation
leave which shall accrue on a pro rata basis during the contract term at the rate of eighteen (18) days per annum which vacation
and/or personal day(s) shall be taken by him at such time or times as are consistent with the needs of the business of GREENPRO.


 


		5.2	Health
                                         Insurance



 


CK
shall be entitled to be enrolled in a corporate health insurance program which may be implemented by GREENPRO or one of its’
affiliates. The enrolment will be as at executive status and will entitle CK to the same coverage as provided to other executives
of GREENPRO or its’ affiliates.


 


		5.3	Indemnification



 


CK
shall be indemnified by GREENPRO to the fullest extent provided under the indemnification provisions of the By-Laws and/or Certificate
of Incorporation presently in existence, or, to the extent that the scope of such indemnification is greater, under any amendments
to the By Laws and/or Certificate of Incorporation. To the extent that GREENPRO obtains indemnification insurance for its officers
and/or directors, such insurance shall also cover CK to the same extent.


 


	6.	TERMINATION
                                         AND SEVERANCE PAYMENT



 


		6.1	Termination



 


Upon
the occurrence of an event of termination (as hereinafter defined) during the period of CK’s employment under the Contract,
the provisions of this Paragraph 6 shall apply. As used in this Contract an “event of termination” shall mean and
include any one or more of the following:


 


		6.2	Non
                                         Recruitment



 


Should
CK terminate his employment with GREENPRO within the contract period, CK agrees not to recruit any employee of GREENPRO to work
for either, (i) a new company established to engage in the same business of GREENPRO or (ii) with other Companies who directly
compete with GREENPRO for a period of 6 months.


 




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		7.	INTELLECTUAL
                                                                                                                                                                                                                                 PROPERTY



 


Any
idea, invention, design, written material, manual, system, procedure, improvement, development or discovery conceived, developed,
created or made by CK alone or with others relating to the business of GREENPRO or any of its’ subsidiaries or affiliates
during the contract period and whether or not patentable or registerable, shall become the sole and exclusive property of GREENPRO.
CK shall disclose the same promptly and completely to GREENPRO and shall, during the employment period (i) execute all documents
required by GREENPRO for vesting in GREENPRO the entire right, title and interest in and to same, (ii) execute all documents required
by GREENPRO for filing and prosecuting such applications for patents, trademarks, service marks and/or copyrights as GREENPRO,
in its’ sole discretion, any desire to prosecute, and (iii) give GREENPRO all assistance it reasonably require, including
the giving of testimony in any suit, action or proceeding, in order to obtain, maintain and protect GREENPRO’s rights therein
and thereto.


 


		8.	ASSIGNMENT



 


This
Contract and any rights (including CK’s Compensation) hereunder shall not be assigned, pledged or transferred in any way
by either party hereto except that GREENPRO shall have, with CK’s consent, the right to assign its’ rights hereunder
to any third party successor in interest of GREENPRO whether by merger, consolidation, purchase of assets or stock or otherwise.
Any attempted assignment, pledge, transfer or other disposition of this Contract or any rights, interests or benefits contrary
to the foregoing provisions shall be null and void.


 


		9.	NOTICES



 


All
notices, requests, demands and other communications hereunder must be in writing and shall be deemed to have been duly given if
delivered by hand, sent by facsimile, or mailed by first class, registered mail, return receipt requested, postage and registry
fees prepaid to the applicable party and addressed as follows:


 


(i)
If to be sent to GREENPRO


Greenpro
Capital Corp.


Rm
1701-03, 17/F, The Metropolis Tower,


10
Metropolis Drive, Hung Hom, Hong Kong


 


(ii)
If to be sent to CK


D-6-3A,
D’Alamanda Pudu h Impian IV, No. 2, Jalan Pudu Ulu 56100, Kuala Lumpur, Malaysia


 


		10.	SEVERABILITY



 


If
any provision of this Contract shall, for any reason, be adjudged by any court of competent jurisdiction to be invalid or unenforceable,
such judgment shallnot affect, impair or invalidate the remainder of this Contract but shall be confined in its’ operation
to the jurisdiction in which it was made and to the provisions of this Contract directly involved in the controversy in which
such judgment shall have been rendered.


 


		11.	WAIVER



 


No
course of dealing and no delay on the part of any party hereto in exercising any right, power, or remedy under or relating to
this Contract shall operate as a waiver thereof or otherwise prejudice such party’s rights, powers and remedies. No single
or partial exercise of any rights, powers or remedies under or relating to this Contract shall preclude any other or further exercise
thereof or the exercise of any other right, power or remedy.


 


		12.	ENTIRE
                                         CONTRACT/GOVERNING LAW



 


This
Contract embodies the entire wider standing and supersedes all other oral or written Contracts or understandings, between the
parties regarding the subject matter hereof. No change, alteration, or modification hereof may be made except in writing signed
by both parties hereto. This Contract shall be construed and governed in all respect and shall at times be determined in accordance
with the laws Hong Kong.


 




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		13.	HEADINGS



 


The
headings of Paragraphs herein are included solely for convenience of reference and shall not control the meaning or interpretation
of any of the provisions of this Contract.


 


IN
WITNESS WHEREOF,


the
parties hereto have executed and delivered the Contract, consisting of four (4) pages on this 28th day of July 2017.


 


	For and on behalf of Greenpro Holding Limited. 	 	Accepted
    and Agreed by:
	 	 	 	 
	By:	/s/
    Loke Che Chan, Gilbert	 	/s/
    Lee Chong Kuang 
		 Mr.Loke Che Chan, Gilbert	 	LEE
    Chong Kuang
	 	Position:
    Director	 	Date:
    July 28, 2017
	 	Date:
    July 28, 2017	 	



 









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