Exhibit 10.13


 


EMPLOYMENT AGREEMENT


 


This EMPLOYMENT AGREEMENT (the “Agreement”),
is entered into as of _______________, 20____ (the “Effective Date”), by and between MingZhu Logistics Holdings
Limited, a Cayman Islands exempted company (the “Company”) and _______________, an individual (the “Executive”).
Except with respect to the direct employment of the Executive by the Company, the term “Company” as used herein with
respect to all obligations of the Executive hereunder shall be deemed to include the Company and all of its direct and indirect
subsidiaries (collectively, the “Group”).


 


RECITALS


 


WHEREAS, the Company desires to employ
the Executive as its _________and to assure itself of the services of the Executive during the term of Employment (as defined below);
and


 


WHEREAS, the Executive desires to be employed
by the Company as its _________ during the term of Employment and upon the terms and conditions of this Agreement.


 


NOW, THEREFORE, in consideration of the
mutual promises set forth in this Agreement, the parties agree as follows:


 


		1.	POSITION


 


The Executive hereby accepts the position
of _________ of the Company and any other officer or employee positions with other Group members as may be approved by the Board
(as defined below).


 


		2.	TERM


 


Subject to the terms and conditions of
this Agreement, the initial term of the Employment shall be one (1) year commencing on the Effective Date, unless terminated earlier
pursuant to the terms of this Agreement. The Employment will be renewed automatically for additional one (1) year terms if neither
the Company nor the Executive provides a notice of termination of the Employment to the other party within thirty (30) days prior
to the expiration of the applicable term.


 


		3.	DUTIES
AND RESPONSIBILITIES


 


		(a)	The
Executive’s duties at the Company will include all the duties and responsibilities associated with a _______ of a U.S. listed
public company with primary operations in the People’s Republic of China. As _________ of the Company, the Executive shall
be primarily responsible for _________, as well as all tasks and responsibilities normally associated with the offices of _________
of a trucking services provider of similar size and nature to the Company. During the term of Employment, Executive shall report
to and be responsible to the Company’s board of directors (including any designated audit or other committee thereof) (the
“Board”). Executive shall also perform such other duties and responsibilities as may be determined by the Board,
as long as such duties and responsibilities are consistent with those of the Company’s _________.


 


		(b)	The
Executive shall devote all of Executive’s working time, attention and skills to the performance of Executive’s duties
to the Company and the Group and shall faithfully and diligently serve the Company and the Group in accordance with this Agreement,
the memorandum and articles of association of the Company, as amended and restated from time to time, and the guidelines, policies
and procedures of the Company approved from time to time by the Board.


 






     


     


    

 


		(c)	The
Executive shall use Executive’s best efforts to perform Executive’s duties hereunder. The Executive shall
not, without the prior written consent of the Board, become an employee of any entity other than the Company and any member of
the Group, and shall not be concerned or interested in any business or entity that engages in the same business in which the Company
or any member of the Group engages (any such business or entity, a “Competitor”), provided that nothing in
this clause shall preclude the Executive from holding less than one percent (1%) of the outstanding equity of any Competitor that
is listed on any securities exchange or recognized securities market anywhere. The Executive shall notify the Company in writing
of Executive’s interest in such securities in a timely manner and with such details and particulars as the Company may reasonably
require.


 


		(d)	The
Executive acknowledges the Executive’s and the Company’s public reporting obligations associated with the Executive’s
position of the Company under applicable securities laws, rules and regulations, and the Executive shall use the Executive’s
efforts to comply with all such reporting obligations that are Executive’s personal responsibility; provided that the Company
agrees to provide the Executive with assistance and support with respect to all such filings (including making such filings on
the Executive’s behalf).


 


		4.	NO
BREACH OF CONTRACT


 


The Executive hereby represents to the
Company that: (i) the execution and delivery of this Agreement by the Executive and the performance by the Executive of Executive’s
duties hereunder shall not constitute a breach of, or otherwise contravene, the terms of any other agreement or policy to which
the Executive is a party or otherwise bound except for agreements entered into by and between the Executive and any member of the
Group pursuant to applicable law, if any; (ii) that the Executive has no information (including, without limitation, confidential
information and trade secrets) relating to any other person or entity which would prevent, or be violated by, the Executive from
entering into this Agreement or carrying out Executive’s duties hereunder; (iii) that the Executive is not bound
by any confidentiality, trade secret or similar agreement (other than this) with any other person or entity except for other member(s)
of the Group, as the case may be.


 


		5.	LOCATION


 


The Executive will be based in Guangdong
Province, China. The Company reserves the right to transfer or second the Executive to any location in China or elsewhere in accordance
with its operational requirements.


 


		6.	COMPENSATION
AND BENEFITS


 


		(a)	Base
Salary. The Executive’s initial pre-tax base salary shall be USD$_________ per month, paid monthly in arrears in accordance
with the Company’s regular payroll practices, and such compensation is subject to annual review and adjustment by the Board
in its sole discretion.  The Executive shall also be entitled to receive salary, as and in the amount approved by the
Board in advance, from any member of the Group.


 


		(b)	Bonus.
The Executive shall be eligible for cash bonuses as determined by the Board in its sole discretion.


 


		(c)	Equity
Incentives. To the extent the Company adopts and maintains an equity incentive plan, the Executive will be eligible to participate
in such plan pursuant to the terms thereof as determined by the Board.


 






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		(d)	Benefits.
The Executive is eligible for participation in any standard employee benefit plan of the Company that currently exists or may
be adopted by the Company in the future, including, but not limited to, any retirement plan, life insurance plan, health insurance
plan and travel/holiday plan, provided that such plans shall be subject to review and approval by the Board.


 


		(e)	Expenses.
The Executive shall be entitled to reimbursement by the Company for all reasonable ordinary and necessary travel and other expenses
incurred by the Executive in the performance of Executive’s duties under this Agreement; provided that he/she properly accounts
for such expenses in accordance with the Company’s policies and procedures.


 


		7.	TERMINATION
OF THE AGREEMENT


 


The Executive’s employment may be
terminated as provided for in this Section 7.


 


		(a)	By the Company.



 


(i) For Cause. The Company
may terminate the Employment for cause, at any time, without notice or remuneration (unless notice or remuneration is specifically
required by applicable law, in which case notice or remuneration will be provided in accordance with applicable law), if:


 


		(1)	the Executive is convicted or pleads guilty to a felony
or to an act of fraud, misappropriation or embezzlement;



 


		(2)	the Executive has been grossly negligent or acted
dishonestly to the detriment of the Company;



 


		(3)	the Executive has engaged in actions amounting to
willful misconduct or failed to perform Executive’s duties hereunder and such failure continues after the Executive is afforded
not less than fifteen (15) days to cure such failure;



 


		(4)	the Executive’s willful failure to comply with
a lawful directive of the Board; or



 


		(5)	the Executive violates Sections 8, 9 or 10 of this
Agreement.



 


Upon termination for “cause”,
the Executive shall be entitled to the amount of base salary earned and not paid prior to termination. However, the Executive
will not be entitled to receive payment of any severance benefits or other amounts by reason of the termination, and the Executive’s
right to all other benefits will terminate, except as required by any applicable law.


 


(ii) For Death and Disability.
The Company may also terminate the Employment, at any time, without notice or remuneration (unless notice or remuneration
is specifically required by applicable law, in which case notice or remuneration will be provided in accordance with applicable
law), if:


 


		(1)	the Executive has died, or



 






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		(2)	the Executive has a disability which shall mean a
physical or mental impairment which, as reasonably determined by the Board, renders the Executive unable to perform the essential
functions of Executive’s employment with the Company, with or without reasonable accommodation, for more than 120 days in
any 12-month period, unless a longer period is required by applicable law, in which case that longer period would apply.



 


Upon termination for death or
disability, the Executive shall be entitled to the amount of base salary earned and not paid prior to termination. However,
the Executive will not be entitled to receive payment of any severance benefits or other amounts by reason of the termination,
and the Executive’s right to all other benefits will terminate, except as required by any applicable law.


 


(iii) Without Cause. The Company
may terminate the Employment without cause, at any time, upon thirty (30) days’ prior written notice. Upon termination without
cause, the Company shall provide the following severance payments and benefits to the Executive: a cash payment of one (1) month
of the Executive’s base salary as of the date of such termination for each year (which is any period longer than six months
but no more than one year) and a cash payment of half month of the Executive’s base salary as of the date of such termination
for any period of employment no more than six months, provided that the total severance payments shall not exceed twelve months
of the Executive’s base salary.


 


Upon termination without cause, the Executive
shall also be entitled to the amount of base salary earned and not paid prior to termination.


 


In order to be eligible for, and as a condition
precedent for the payment of, the severance payments and benefits under this Section 7(a)(iii), the Executive must execute and
deliver to the Company a general release of the Company and all members of the Group and their affiliates in a form annexed hereto
as Exhibit A.


 


(iv) Change of Control Transaction.
If the Company or its successor terminates the Employment upon a merger, consolidation, or transfer or sale of all or substantially
all of the assets of the Company with or to any other individual(s) or entity (the “Change of Control Transaction”),
the Executive shall be entitled to the following severance payments and benefits upon such termination: (1) a lump sum cash
payment equal to three (3) months of the Executive’s base salary at a rate equal to the greater of Executive’s
annual salary in effect immediately prior to the termination, or Executive’s then current annual salary as of the date of
such termination; (2) a lump sum cash payment equal to a pro-rated amount of Executive’s target annual bonus for the
year immediately preceding the termination; (3) payment of premiums for continued health benefits under the Company’s
health plans for three (3) months following the termination; and (4) immediate vesting of 100% of the then-unvested portion
of any outstanding equity awards held by the Executive.


 


		(b)	By the Executive. The Executive may terminate
the Employment at any time with thirty (30) days’ prior written notice to the Company without cause, if (1) there is
a material reduction in the Executive’s authority, duties and responsibilities unless such reduction was made with Executive’s
consent, or (2) there is a material reduction in the Executive’s annual salary (the occurrences in (1) and (2) being
referred to as “Good Reason”). Upon the Executive’s termination of the Employment due to either of the
above reasons, the Company shall provide compensation to the Executive equivalent to three (3) months of the Executive’s
base salary that he/she is entitled to immediately prior to such termination. In addition, the Executive may resign prior to the
expiration of the Agreement if such resignation is approved by the Board or an alternative arrangement with respect to the Employment
is agreed to by the Board.



 






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In order to be eligible for, and as a condition precedent for
the payment of, the severance payments and benefits under this Section 7(b), the Executive must execute and deliver to the Company
a general release of the Company and all members of the Group and their affiliates in a form annexed hereto as Exhibit A.


 


		(c)	Notice
of Termination. Any termination of the Executive’s employment under this Agreement shall be communicated by written
notice of termination from the terminating party to the other party. The notice of termination shall indicate the specific provision(s)
of this Agreement relied upon in effecting the termination.


 


		(d)	Resignation
of All Other Positions. Immediately upon the effective date of any termination of the Executive’s Employment for
any reason, the Executive shall resign in writing from membership on the Board or the board of directors of any Group member and
from any and all offices Executive holds at the Company or Group Member.


 


		(e)	No
Mitigation. In no event shall the Executive be obligated to seek other employment or take any other action by way of
mitigation of the amounts payable to the Executive under any of the provisions of this Agreement, nor shall the amount of any
payment hereunder be reduced by any compensation earned by the Executive as a result of employment by a subsequent employer.


 


		8.	CONFIDENTIALITY
AND NONDISCLOSURE


 


		(a)	Confidentiality
and Non-Disclosure. The Executive hereby agrees at all times during the term of the Employment and after its termination,
to hold in the strictest confidence, and not to use, except for the benefit of the Company, or to disclose to any person, corporation
or other entity without written consent of the Company, any Confidential Information. The Executive understands that “Confidential
Information” means any proprietary or confidential information of the Company, its affiliates, or their respective clients,
customers or partners, including, without limitation, technical data, trade secrets, research and development information, product
plans, services, customer lists and customers, supplier lists and suppliers, software developments, inventions, processes, formulas,
technology, designs, hardware configuration information, personnel information, marketing, finances, information about the suppliers,
joint ventures, franchisees, distributors and other persons with whom the Company does business, information regarding the skills
and compensation of other employees of the Company or other business information disclosed to the Executive by or obtained by
the Executive from the Company, its affiliates, or their respective clients, customers or partners either directly or indirectly
in writing, orally or otherwise, if specifically indicated to be confidential or reasonably expected to be confidential. Notwithstanding
the foregoing, Confidential Information shall not include information that is generally available and known to the public through
no fault of the Executive.


 


		(b)	Company
Property. The Executive understands that all documents (including computer records, facsimile and e-mail) and materials created,
received or transmitted in connection with Executive’s work or using the facilities of the Company are property of
the Company and subject to inspection by the Company, at any time. Upon termination of the Executive’s employment with the
Company (or at any other time when requested by the Company), the Executive will promptly deliver to the Company all documents
and materials of any nature pertaining to Executive’s work with the Company and will provide written certification of Executive’s compliance
with this Agreement. Under no circumstances will the Executive have, following Executive’s termination, in Executive’s possession
any property of the Company, or any documents or materials or copies thereof containing any Confidential Information.


 






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		(c)	Former
Employer Information. The Executive agrees that he/she has not and will not, during the term of Executive’s employment,
(i) improperly use or disclose any proprietary information or trade secrets of any former employer or other person or entity
with which the Executive has an agreement or duty to keep in confidence information acquired by Executive, if any, or (ii) bring
into the premises of the Company any document or confidential or proprietary information belonging to such former employer, person
or entity unless consented to in writing by such former employer, person or entity. The Executive will indemnify the Company and
hold it harmless from and against all claims, liabilities, damages and expenses, including reasonable attorneys’ fees and
costs of suit, arising out of or in connection with any violation of the foregoing.


 


		(d)	Third
Party Information. The Executive recognizes that the Company may have received, and in the future may receive, from third
parties their confidential or proprietary information subject to a duty on the Company’s part to maintain the confidentiality
of such information and to use it only for certain limited purposes. The Executive agrees that the Executive owes the Company
and such third parties, during the Executive’s employment by the Company and thereafter, a duty to hold all such confidential
or proprietary information in the strictest confidence and not to disclose it to any person or firm and to use it in a manner
consistent with, and for the limited purposes permitted by, the Company’s agreement with such third party.


 


This Section 8 shall survive the termination
of this Agreement for any reason. In the event the Executive breaches this Section 8, the Company shall have right to seek
remedies permissible under applicable law.


 


		9.	CONFLICTING
EMPLOYMENT


 


The Executive hereby agrees that, during
the term of Executive’s employment with the Company, he/she will not engage in any other employment, occupation, consulting
or other business activity related to the business in which the Company is now involved or becomes involved during the term of
the Executive’s employment, nor will the Executive engage in any other activities that conflict with Executive’s obligations
to the Company without the prior written consent of the Company.


 


		10.	NON-COMPETITION,
NON-SOLICITATION AND NON-DISPARAGEMENT


 


In consideration of the salary paid to
the Executive by the Company, the Executive agrees that during the term of the Employment and for a period of twelve (12) months
following the termination of the Employment for whatever reason:


 


		(a)	The
Executive will not approach clients, customers or contacts of the Company or the Group, users of the Company’s or the Group’s
services, or other persons or entities introduced to the Executive in the Executive’s capacity as a representative of the
Company or the Group for the purposes of doing business with such persons or entities which will harm the business relationship
between the Company or the Group and such persons and/or entities;


 


		(b)	the
Executive will not assume employment with or provide services as a director, consultant or otherwise for any Competitor, or engage,
whether as principal, partner, licensor or otherwise, in any Competitor;


 


		(c)	the
Executive will not seek, directly or indirectly, by the offer of alternative employment or other inducement whatsoever, to solicit
the services of any officer, director, or employee of or consultant to the Company or any member of the Group employed or engaged
as at or after the date of such termination, or in the twelve (12) months preceding such termination; and


 






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		(d)	the
Executive will not make public statements or communications that disparage the Company, any Group member, or any of their respective
business, officers, directors or employees.


 


The provisions contained in Section 10
are considered reasonable by the Executive in order to protect the legitimate business interest of the Company and the Group. In
the event that any such provisions should be found to be void under applicable laws but would be valid if some part thereof was
deleted or the period or area of application reduced, such provisions shall apply with such modification as may be necessary to
make them valid and effective.


 


This Section 10 shall survive the
termination of this Agreement for any reason. In the event the Executive breaches this Section 10, the Executive acknowledges
that there will be no adequate remedy at law, and the Company or the applicable member of the Group shall be entitled to injunctive
relief and/or a decree for specific performance, and such other relief as may be proper (including monetary damages if appropriate).
In any event, the Company or any applicable member of the Group shall have right to seek all remedies permissible under applicable
law.


 


		11.	COOPERATION


 


The parties agree that certain matters
in which the Executive will be involved during the Executive’s employment by the Company may necessitate the Executive’s
cooperation in the future. Accordingly, following the termination of Executive’s employment for any reason, to the extent
reasonably requested by the Company, the Executive shall cooperate with the Company in connection with matters arising out of the
Executive’s service to the Company; provided that, the Company shall make reasonable efforts to minimize disruption of the
Executive’s other activities. It is expressly agreed that non-compliance with a request for cooperation services by the Executive
for good reason, including health condition or prior commitments, shall not constitute a breach or violation of this Agreement.
The Company shall reimburse the Executive for reasonable expenses incurred in connection with such cooperation.


 


		12.	INDEMNIFICATION.



 


The Company shall, to the maximum extent
provided under applicable law, indemnify and hold the Executive harmless from and against any expenses, including reasonable attorneys’
fees, judgments, fines, settlements and other legally permissible amounts (“Losses”), incurred in connection
with any proceeding arising out of, or related to, Executive’s performance of the Employment, other than any such Losses
incurred as a result of the Executive’s gross negligence or willful misconduct. The Company shall advance to the Executive
any expenses, including reasonable attorneys’ fees and costs of settlement, incurred in defending any such proceeding to
the maximum extent permitted by applicable law. Such costs and expenses incurred by the Executive in defense of any such proceeding
shall be paid by the Company in advance of the final disposition of such proceeding promptly upon receipt by the Company of (a)
written request for payment; (b) appropriate documentation evidencing the incurrence, amount and nature of the costs and expenses
for which payment is being sought; and (c) an undertaking adequate under applicable law made by the Executive or on Executive’s
behalf to repay the amounts so advanced if it shall ultimately be determined pursuant to any non-appealable judgment or settlement
that the Executive is not entitled to be indemnified by the Company.


 


		13.	WITHHOLDING
TAXES


 


Notwithstanding anything else herein to
the contrary, the Company may withhold (or cause there to be withheld, as the case may be) from any amounts otherwise due or payable
under or pursuant to this Agreement such national, provincial, local or any other income, employment, or other taxes as may be
required to be withheld pursuant to any applicable law or regulation.


 






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		14.	WORK
MADE FOR HIRE


 


The Executive acknowledges that, by reason
of being employed by the Company at the relevant times, to the extent permitted by law, all of the work product consisting of copyrightable
subject matter (“Work Product”) is “work made for hire” as defined in 17 U.S.C. § 101 and similar
applicable intellectual property law of other jurisdictions in which the Group operates and such copyrights are therefore owned
by the Company. To the extent that the foregoing does not apply, the Executive hereby irrevocably assigns to the Company, for no
additional consideration, the Executive’s entire right, title, and interest in and to all Work Product and intellectual property
rights therein, including the right to sue, counterclaim, and recover for all past, present, and future infringement, misappropriation,
or dilution thereof, and all rights corresponding thereto throughout the world. Nothing contained in this Agreement shall be construed
to reduce or limit the Company’s rights, title, or interest in any Work Product or intellectual property rights so as to
be less in any respect than that the Company would have had in the absence of this Agreement.


 


		15.	ASSIGNMENT


 


This Agreement is personal in its nature
and neither of the parties hereto shall, without the consent of the other, assign or transfer this Agreement or any rights or obligations
hereunder; provided, however, that (i) the Company may assign or transfer this Agreement or any rights or obligations hereunder
to any member of the Group without such consent of the Executive, and (ii) in the event of a Change of Control Transaction,
this Agreement shall, subject to the provisions hereof, be binding upon and inure to the benefit of such successor of the Company
and such successor shall discharge and perform all the promises, covenants, duties, and obligations of the Company hereunder.


 


		16.	SEVERABILITY


 


If any provision of this Agreement or the
application thereof is held invalid, the invalidity shall not affect other provisions or applications of this Agreement which can
be given effect without the invalid provisions or applications and to this end the provisions of this Agreement are declared to
be severable.


 


		17.	ENTIRE
AGREEMENT


 


This Agreement constitutes the entire agreement
and understanding between the Executive and the Company regarding the terms of the Employment and supersedes all prior or contemporaneous
oral or written agreements concerning such subject matter. The Executive acknowledges that he/she has not entered into this Agreement
in reliance upon any representation, warranty or undertaking which is not set forth in this Agreement. Any amendment to this Agreement
must be in writing and signed by the Executive and the Company.


 


		18.	GOVERNING
LAW; JURISDICTION


 


This Agreement and all issues pertaining
to the Employment or the termination of the Employment shall be governed and interpreted in accordance with the laws of the State
of New York without regard to choice of law principles, except the arbitration provision which shall be governed by the Federal
Arbitration Act. Executive agrees that if, for any reason, any provision hereof is unenforceable, the remainder of this Agreement
will nonetheless remain binding and in effect. Any dispute regarding the Employment or this Agreement, other than any injunctive
relief available under Section 10 hereof, which cannot be resolved by negotiations between the Executive and the Company shall
be submitted to, and solely determined by, final and binding arbitration conducted by the International Chamber of Commerce in
accordance with its arbitration rules applicable to employment disputes, and the parties agree to be bound by the final award of
the arbitrator in any such proceeding. The arbitrator shall apply the laws of the State of New York with respect to the interpretation
or enforcement of this Agreement, or to any claims involving the Employment or the termination of the Employment. All questions
regarding whether or not a dispute is subject to arbitration will be resolved by the arbitrator. Arbitration shall be held in such
place as the parties may mutually agree. Judgment upon the award by the arbitrator may be entered in any court having jurisdiction,
including in the People’s Republic of China. The arbitrator shall award costs and attorney fees to the prevailing party.
As part of this Agreement, Executive agrees that Executive may not participate in a representative capacity or as a member of any
class of claims pertaining to any claim against the Company. There is no right or authority for any claims subject to this Agreement
to be arbitrated on a class or collective action basis or on any basis involving claims brought in a purported representative capacity
on behalf of any other person or group of people similarly situated. Such claims are prohibited. Furthermore, claims brought by
or against either the Company or the Executive may not be joined or consolidated in the arbitration with claims brought by or against
any other person or entity unless otherwise agreed to in writing by all parties involved.


 






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		19.	AMENDMENT


 


This Agreement may not be amended, modified
or changed (in whole or in part), except by a formal, definitive written agreement expressly referring to this Agreement, which
agreement is executed by both of the parties hereto.


 


		20.	WAIVER


 


Neither the failure nor any delay on the
part of a party to exercise any right, remedy, power or privilege under this Agreement shall operate as a waiver thereof, nor shall
any single or partial exercise of any right, remedy, power or privilege preclude any other or further exercise of the same or of
any right, remedy, power or privilege, nor shall any waiver of any right, remedy, power or privilege with respect to any occurrence
be construed as a waiver of such right, remedy, power or privilege with respect to any other occurrence. No waiver shall be effective
unless it is in writing and is signed by the party asserted to have granted such waiver.


 


		21.	NOTICES


 


All notices, requests, demands and other
communications required or permitted under this Agreement shall be in writing and shall be deemed to have been duly given and made
if (i) delivered by hand, (ii) otherwise delivered against receipt therefor, (iii) sent by a recognized courier
with next-day or second-day delivery, or (iv) by email, to the last known address of the other party, with communications to the
Company being to the attention of the Board.


 


		22.	COUNTERPARTS


 


This Agreement may be executed in any number
of counterparts, each of which shall be deemed an original as against any party whose signature appears thereon, and all of which
together shall constitute one and the same instrument. This Agreement shall become binding when one or more counterparts hereof,
individually or taken together, shall bear the signatures of all of the parties reflected hereon as the signatories.


 


Photographic or electronic copies of such
signed counterparts may be used in lieu of the originals for any purpose, and signed counterparts may be delivered by electronic
means.


 


		23.	NO
INTERPRETATION AGAINST DRAFTER


 


Each party recognizes that this Agreement
is a legally binding contract and acknowledges that it, or he/she has had the opportunity to consult with legal counsel of choice.
In any construction of the terms of this Agreement, the same shall not be construed against either party on the basis of that party
being the drafter of such terms.


 


		24.	ACKNOWLEDGMENT
OF FULL UNDERSTANDING


 


THE EXECUTIVE ACKNOWLEDGES AND AGREES THAT
HE/SHE HAS FULLY READ, UNDERSTANDS AND VOLUNTARILY ENTERS INTO THIS AGREEMENT. THE EXECUTIVE ACKNOWLEDGES AND AGREES THAT HE/SHE
HAS HAD AN OPPORTUNITY TO ASK QUESTIONS AND CONSULT WITH AN ATTORNEY OF EXECUTIVE’S CHOICE BEFORE SIGNING THIS AGREEMENT.


 


[Remainder of this page has been intentionally
left blank.]


 




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IN WITNESS WHEREOF, this Agreement has been executed as of the
date first written above.


 


	 	MINGZHU LOGISTICS HOLDINGS LIMITED
	 	 
	 	By:	                 
	 	 	Name:
	 	 	Title:
	 	 
	 	EXECUTIVE
	 	 
	 	       
	 	Name:


 




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EXHIBIT A


 


GENERAL RELEASE AND COVENANT NOT TO SUE


 


TO ALL WHOM THESE
PRESENTS SHALL COME OR MAY CONCERN, KNOW THAT:


 


_______________ (“Executive”),
on Executive’s own behalf and on behalf of Executive’s descendants, dependents, heirs, executors and administrators
and permitted assigns, past and present, in consideration for the amounts payable and benefits to be provided to Executive under
the employment agreement (the “Agreement”) made and entered into as of ____________, 20__ (the “Effective
Date”), by and between Executive and MingZhu Logistics Holdings Limited (the “Company”) (each individually,
“Party,” collectively, the “Parties”), does hereby covenant not to sue or pursue any litigation
or arbitration against, and waives, releases and discharges the Company, its parents, subsidiaries, affiliates, divisions, assigns,
predecessors, insurers, successors, and the past and present employees, officers, directors, insurers, attorneys, representatives
and agents thereof, both individually and in their business capacities, and their employee benefit plans and programs and their
administrators and fiduciaries (collectively, the “Releasees”), from any and all claims, demands, rights, judgments,
defenses, actions, charges or causes of action whatsoever, of any and every kind and description, whether known or unknown, accrued
or not accrued, that Executive ever had, now has or shall or may have or assert as of the date of this General Release and Covenant
Not to Sue against the Releasees relating to Executive’s employment with the Company or service as a member of the Board
of Directors of the Company or the termination thereof or Executive’s service as an officer or member of the Board of Directors
of any subsidiary or affiliate of the Company or the termination of such service; provided, however, that nothing herein
shall release the Company from any of its obligations to Executive under the Employment Agreement or to pay the amounts and provide
the benefits upon which this General Release and Covenant Not to Sue is conditioned, or any rights Executive may have to indemnification
under any charter (or similar documents) of any member of the Releasees or any insurance coverage under any directors and officers
insurance or similar policies, or any rights Executive may have as a member or holder of equity or other securities of the Company
or its affiliates.


 


Executive further agrees
that this General Release and Covenant Not to Sue may be pleaded by the Company as a full defense to any action, suit or other
proceeding covered by the terms hereof that is or may be initiated, prosecuted or maintained by Executive or Executive’s
heirs or assigns.  Executive understands and confirms that Executive is executing this General Release and Covenant Not to
Sue voluntarily and knowingly.


 


In furtherance of the
agreements set forth above, Executive hereby expressly waives and relinquishes any and all rights under any applicable statute,
doctrine or principle of law restricting the right of any person to release claims that such person does not know or suspect to
exist at the time of executing a release, which claims, if known, may have materially affected such person’s decision to
give such a release.  In connection with such waiver and relinquishment, Executive acknowledges that Executive is aware that
Executive may hereafter discover claims presently unknown or unsuspected, or facts in addition to or different from those that
Executive now knows or believes to be true, with respect to the matters released herein.  Nevertheless, it is the intention
of Executive to fully, finally and forever release all such matters, and all claims relating thereto, that now exist, may exist
or theretofore have existed, as specifically provided herein.  The Parties hereto acknowledge and agree that this waiver shall
be an essential and material term of the release contained above.  Nothing in this paragraph is intended to expand the scope
of the release as specified herein.


 


No provision of this
General Release and Covenant Not to Sue should be read as preventing Executive from making a report to, filing a charge or complaint
with, or participating in any investigation or proceeding conducted by, any governmental agency. While Executive may participate
in such investigation or proceeding, Executive acknowledges and agrees that Executive waives Executive’s right to recover
monetary damages, of any kind, in such investigation or proceeding arising from, or in any way relating to, Executive’s employment
with, or separation from, the Company that may have arisen prior to Executive’s signing of this General Release and Covenant
Not to Sue. Executive acknowledges that this Release prohibits Executive from pursuing any claims against the Company seeking monetary
relief for Executive and/or as a representative on behalf of others.


 






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This General Release
and Covenant Not to Sue shall be governed by and construed in accordance with the laws of the State of New York, applicable to
agreements made and to be performed entirely within such State without regard to principles of conflicts of laws.


 


To the extent that
Executive is forty (40) years of age or older, this paragraph shall apply.  Executive acknowledges that Executive has been
offered a period of time of at least twenty-one (21) days to consider whether to sign this General Release and Covenant Not to
Sue, and the Company agrees that Executive may cancel or revoke this General Release and Covenant Not to Sue at any time during
the seven (7) days following the date on which this General Release and Covenant Not to Sue has been signed by the Parties to this
General Release and Covenant Not to Sue.  In order to cancel or revoke this General Release and Covenant Not to Sue, Executive
must deliver to the Company written notice stating that Executive is canceling or revoking this General Release and Covenant Not
to Sue.  If this General Release and Covenant Not to Sue is timely cancelled or revoked, none of the provisions of this General
Release and Covenant Not to Sue shall be effective or enforceable and the Company shall not be obligated to make certain payments
to Executive or to provide Executive with certain other benefits described in the Agreement, and all contracts and provisions modified,
relinquished or rescinded hereunder shall be reinstated to the extent in effect immediately prior hereto.


 


Executive acknowledges
and agrees that Executive has entered into this General Release and Covenant Not to Sue knowingly and willingly and has had ample
opportunity to consider the terms and provisions of this General Release and Covenant Not to Sue. Executive is hereby advised to
consult legal counsel prior to execute this General Release and Covenant Not to Sue.


 


IN WITNESS WHEREOF,
the undersigned has caused this General Release and Covenant Not to Sue to be executed on this _____ day of _____________, 20__.


 


	 	Executive
	 	 
	 	 
	 	Name: 




 


 


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