Exhibits 10.1





 


Termination
Agreement


 


This
Termination Agreement (the “Agreement”), dated as of December 13, 2021 (the “Effective Date”),
by and among Hudson Capital Inc. (f/k/a China Internet Nationwide Financial Services Inc.), a British Virgin Islands business company
(“Parent”), Hudson Capital Merger Sub I Inc., a Delaware corporation and wholly-owned subsidiary of Parent (“Merger
Sub”), Freight App Inc., a Delaware corporation(fka Freight Hub, Inc. (the “Company”), and ATW Master Fund
II, L.P., a Delaware limited partnership, as the representative of the stockholders of the Company (the “Stockholders’
Representative”).


 


Whereas,
the parties entered into a Merger Agreement dated October 10, 2020, as amended from time to time (the “Merger Agreement”).


 


Whereas,
the parties desire to terminate the Merger Agreement as of the Effective Date.


 


NOW,
THEREFORE, in consideration of the mutual covenants and agreements set forth in this Agreement, and for other good and valuable consideration,
the receipt and sufficiency of which are hereby acknowledged, the parties hereto agree as follows:


 


NOW,
THEREFORE, in consideration of the mutual premises and respective agreements of the parties hereinafter set forth, and intending to be
legally bound, the parties hereto hereby agree as follows:


 


Section
1. Termination of the Merger Agreement . Effective
as of the Effective Date, the Merger Agreement is hereby irrevocably terminated and no party shall have any further rights or obligations
thereunder other than those which specifically survive pursuant to the terms of the Merger Agreement. 


 



 Section 2. Further Assurances. The parties hereto hereby covenant and agree to execute, acknowledge and deliver all such documents and instruments, and to take such further actions, as may be reasonable necessary or appropriate, from time to time, to carry out the intent and purpose of this Agreement and to consummate the transactions contemplated hereby. 


 



 Section 3. Counterparts. This Agreement may be executed in any number of counterparts, all of which taken together shall constitute one and the same instrument and any of the parties hereto may execute this Agreement by signing any such counterpart.


 



 Section 4. Amendments. No change or modification of this Agreement shall be valid unless in writing signed by the parties hereto.


 



 Section 5. Governing Law. This Agreement shall be governed by the law of the State of New York.




 





[SIGNATURE
PAGE(S) FOLLOW]


 




    	 



    	 



    

 





IN
WITNESS WHEREOF, the parties have caused this Agreement to be executed as of the Effective Date.


 





	 	Parent:
	 	 
	 	Hudson
    Capital Inc. (f/k/a China Internet Nationwide Financial Services Inc.)
	 	 	 
	 	By:	/s/
    Warren Wang
	 	Name:	Warren
    Wang
	 	Title:	Chief
    Executive Officer



 


	 	Purchaser/Redomestication
    Surviving Corporation:
	 	 
	 	Hudson
    Capital Merger Sub I Inc.
	 	 	                                                 
	 	By:	/s/
Warren Wang
	 	Name:	Warren
    Wang
	 	Title:	Chief
    Executive Officer


 


		Merger
    Sub:
	 	 
	 	Hudson
    Capital Merger Sub II Inc.
	 	 	 
	 	By:	/s/
    Warren Wang
	 	Name:	Warren
    Wang
	 	Title:	Chief
    Executive Officer


 


	 	Company/Surviving
    Corporation:
	 	 
	 	freight
    APP, Inc.
	 	 	 
	 	By:	/s/
Paul Freudenthaler
	 	Name:	Paul
    Freudenthaler
	 	Title:	CFO


 


	 	Stockholders’
    Representative:
	 	 
	 	ATW
    Master Fund II, L.P.
	 	 	                                        
	 	By:	ATW
    Partners GP II, LLC
	 	 	 
	 	By:	/s/
    Antonio Ruiz-Gomez, Jr.
	 	Name:	Antonio
    Ruiz-Gomez, Jr.
	 	Title:	Member



 









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