Document:

EX-10.1

 Exhibit 10.1 

Executive Compensation Notification 

Chairman, Chief Executive Officer and Chief Operating Officer 

2016 Fiscal Year Compensation Program of Chairman, Chief Executive Officer and Chief Operating Officer. 

2016 Fiscal Year Base Salaries: Table I below sets forth the 2016 fiscal year base salaries for Mr. Horton, Mr. Auld
and Mr. Murray. 
 Table I 
  

									
	 Name
	  	 Office
	  	Annual Base Salary
(2016 Fiscal Year)	 	  	Performance Bonus
(2016 Fiscal Year)
	 Donald R. Horton
	  	Chairman of the Board	  	$	1,000,000	  	  	See Below
	 David V. Auld
	  	President and CEO	  	$	700,000	  	  	See Below
	 Michael J. Murray
	  	Executive Vice President and COO	  	$	500,000	  	  	See Below

 2016 Fiscal Year Annual Performance Bonus: The Compensation Committee approved performance-based
goals for measuring short-term performance bonuses that may be earned by Mr. Horton, Mr. Auld and Mr. Murray during the 2016 fiscal year. The 2016 performance goals were established under the Company’s 2000 Amended and Restated
Incentive Bonus Plan. The 2016 fiscal year performance goal for Mr. Horton, Mr. Auld and Mr. Murray relates to achieving positive consolidated pre-tax income as set forth below. 

Annual Performance Bonus – Performance Related to Pre-Tax Income: 

Mr. Horton. Under the 2016 fiscal year performance bonus program, Mr. Horton has the opportunity to earn the following
performance-based bonus: 
  

	 	(1)	Up to 0.6% of Pre-Tax Income of the Company for the six-month period ending March 31, 2016 (but not below $0), and 

  

	 	(2)	 Up to 0.6% of Pre-Tax Income of the Company for the six-month period ending September 30, 2016 (but not below $0).

 Mr. Auld. Under the 2016 fiscal year performance bonus program, Mr. Auld
has the opportunity to earn the following performance-based bonus: 
  

	 	(1)	Up to 0.35% of Pre-Tax Income of the Company for the six-month period ending March 31, 2016 (but not below $0), and 

  

	 	(2)	Up to 0.35% of Pre-Tax Income of the Company for the six-month period ending September 30, 2016 (but not below $0). 

Mr. Murray. Under the 2016 fiscal year performance bonus program, Mr. Murray has the opportunity to earn the following
performance-based bonus: 
  

	 	(1)	Up to 0.1% of Pre-Tax Income of the Company for the six-month period ending March 31, 2016 (but not below $0), and 

  

	 	(2)	Up to 0.1% of Pre-Tax Income of the Company for the six-month period ending September 30, 2016 (but not below $0). 

“Pre-Tax Income” shall mean income before income taxes, as publicly reported by the Company in its quarterly or annual
financial statements, as applicable, prepared in accordance with generally accepted accounting principles. The financial statements shall mean the consolidated financial statements of the Company. 

At the end of the 2016 fiscal year, the Committee may use its sole discretion to adjust downward, in part or in whole, the Annual Performance
Bonus based on performance of the Company, including the annual amount of Pre-Tax Income earned and performance of the participant. Provided that, for the fiscal year ending September 30, 2016 no more than 0.6% of Pre-Tax Income for the year
shall be paid to Mr. Horton, no more than 0.35% of Pre-Tax Income for the year shall be paid to Mr. Auld and no more than 0.1% of Pre-Tax Income for the year shall be paid to Mr. Murray. 

Other Long-Term Benefits. 

Mr. Horton, Mr. Auld and Mr. Murray may participate in two separate deferred compensation plans. The first plan allows the
executive to make voluntary income deferrals. The second plan is a promise by the Company to pay benefits to the executive. If the executive is employed by the Company on the last day of the current fiscal year (for example September 30, 2016),
then the Company will establish a liability to him equal to 10% of his annual base salary as of the first day of the current fiscal year (for example October 1, 2015). This liability will accrue earnings in future years at a rate established by
the administrative committee.EX-10.2

 Exhibit 10.2 

Summary of Executive Compensation Notification 

Other Executive Officer – Chief Financial Officer 

2016 Fiscal Year Compensation of Other Named Executive Officer. 

The Board of Directors also established and approved the 2016 fiscal year annual base salary of our other named executive officer. The salary
and other compensation approved are as set forth below in Table II. 
 Table II 

 

									
	 Name
	  	 Office
	  	Annual Base Salary
(2016 Fiscal Year)	 	  	Discretionary
Bonus Plan
(2016 Fiscal Year)
	 Bill W. Wheat
	  	Executive Vice President and CFO	  	$	500,000	  	  	See Note II

 Note II: 

The Board of Directors may award discretionary bonuses to Mr. Wheat based on his performance in fiscal 2016. In addition, Mr. Wheat
may participate in two separate deferred compensation plans. The first plan allows the executive to make voluntary income deferrals. The second plan is a promise by the Company to pay benefits to the executive. If the executive is employed by the
Company on the last day of the current fiscal year (for example September 30, 2016), then the Company will establish a liability to him equal to 10% of his annual base salary as of first day of the current fiscal year (for example
October 1, 2015). This liability will accrue earnings in future years at a rate established by the administrative committee.EX-10.3

 Exhibit 10.3 

Summary of Director, Committee and Chairperson Compensation 

The Board of Directors of the Company approved cash director fees, committee member fees and chairperson fees to be paid to non-management
directors of the Company in the 2016 fiscal year. Director fees, committee fees and chairperson fees are only paid to non-management directors as summarized below: 

Each non-management director will receive a director fee of $15,000 per Board meeting attended in person or by teleconference, paid quarterly
and not to exceed $60,000 per year. 
 Each non-management director who serves on a committee of the Board of Directors will receive a fee of
$1,250 per committee meeting attended in person or by teleconference, paid quarterly and not to exceed $5,000 per year. 
 Each
non-management director who serves as the chairperson of a committee of the Board of Directors shall receive a fee of $625 per committee meeting attended in person or by teleconference, paid quarterly and not to exceed $2,500 per year.Exhibit 10.01

 

 

 

 

 

November 10, 2015

 

U.S. Securities and Exchange Commission

450 Fifth Street, N.W.

Washington, DC 20549

 

	 	RE:	VNUE, Inc. (formerly Tierra Grande Resources, Inc.)
	 	File No.:	000-53462

 

We have read the statements under Item
4.01 of the Current Report on Form 8-K to be filed with the Securities and Exchange Commission on November 10, 2015 regarding the
change of auditors. We agree with all statements pertaining to us.

 

We have no basis to agree or disagree with
statements pertaining to the successor accountants.

  

	 	 
	 	 
	MaloneBailey, LLP	 
	www.malonebailey.com	 
	Houston, TexasExhibit
10.1

 

Fiscal
Year 2016 Officer Bonus Plan

 

Our
compensation committee and board of directors has adopted a bonus plan for the fiscal year ending June 30, 2016 for company executives,
including its named executive officers. The bonus plan provides an opportunity for each participant to earn an annual cash bonus,
50% of which will be based on the achievement of target earnings before taxes and 50% of which will be based on two strategic
initiatives supporting long-term growth and profitability.

 

If minimum
earnings before taxes are achieved, then the President and Chief Executive Officer will be eligible to receive a bonus equal to
12.50% of her annual base salary. If target earnings before taxes are achieved, then she will be eligible to receive a bonus equal
to 25.00% of her annual base salary.

 

If minimum
earnings before taxes are achieved, then the Chief Financial Officer will be eligible to receive a bonus equal to 7.50% of his
annual base salary. If target earnings before taxes are achieved, then he will be eligible to receive a bonus equal to 15.00%
of his annual base salary.

 

Thirty
percent of any earnings before taxes exceeding the target will be allocated to a bonus pool for all bonus-eligible employees and
allocated among the bonus-eligible employees pro rata based on his or her targeted bonus payout. Depending on achievement of the
strategic initiatives, each of the named executive officers will be eligible to receive an additional bonus amount equal to between
6.25% and 37.50% of annual base salary with respect to the President and Chief Executive Officer and between 3.75% and 22.50%
of annual base salary with respect to the Chief Financial Officer.Exhibit 10.1

 

Strategic Cooperation Agreement

 

This Agreement is signed by the following
parties on November 5th, 2015, in Beijing. 

 

Party A: KIWA BIO-TECH PRODUCTS GROUP CORPORATION

Representative: Mr. Wei Li

Address: 310 N. Indian Hill Blvd., #702, Claremont,
California

Post code: 91711-4611

 

Party B: Institute of Agricultural Resources
and Regional Planning, CAAS

Representative: Mr. Yongchang Wu

Address: No. 12, Zhongguancun South Street,
Haidian District, Beijing, P. R. C

Post code: 100081

 

Common Party B: Institute of Agricultural
Economics and Development, CAAS 

Representative: Mr. Zhiquan Hu

Address: No. 12, Zhongguancun South Street,
Haidian District, Beijing, P. R. C

Post code: 100081

 

Whereas:

		1.	KIWA BIO-TECH PRODUCTS GROUP CORPORATION (hereinafter referred to as “KIWA Bio-Tech”),
founded in 2000 and listed on the NASDAQ OCT in the United States in 2003, is a high-tech company focusing on investment in biological
and agricultural material field in China. Owing to the concern about China’s agricultural development and the passion for
promoting China’s modern agricultural development, KIWA Bio-Tech has established a lasting bio-fertilizer R&D system
with China Agricultural University. KIWA Bio-Tech will further develop the modern biological agricultural technology, with the
development goal of “link agricultural material to agricultural technology, ally the base and the market, join the information
with the brand together” based on the full industry chain of safe agricultural products.

 

    	 	 	 

     

    

 

		2.	The Institute of Agricultural Resources and Regional Planning, CAAS (hereinafter referred to
as “Institute of Resources and Planning”) and its “Spatial Agricultural Planning Method and Application
Innovation Team” (hereinafter referred to as “Innovation Team”) have made significant achievements
in the fields of China’s grand strategy on food safety, modern agricultural base construction, spatial agricultural planning
and innovation, etc.
	 	3.	The Institute of Agricultural Economics and Development, CAAS
                           (hereinafter referred to as “Institute of Agricultural Economics”) and its
                          “Spatial Agricultural Planning Method and Application Innovation Team” (hereinafter
                          referred to as “Innovation Team”) have made significant achievements in the fields
                          of agricultural enterprise management, modern agricultural park and demonstration base construction,
                          as well as rural financial innovation, etc.

   

Chinese
government calls for “popular entrepreneurship and innovation” and launches the Law of the People’s Republic
of China on Promoting the Transformation of Scientific and Technological Achievements, thus creating an unprecedented good
atmosphere for both parties’ cooperation. Both parties come to the following strategic agreement through consultation in
the spirit of pragmatic cooperation:

 

Article I.Both parties establish
strategic cooperation relationship 

1.1
KIWA Bio-Tech, the Institute of Resources and Planning and the Institute of Agricultural Economics establish the strategic cooperative
partnership and build the “internet + safe agricultural product international cooperation platform” (hereinafter referred
to as “Platform”);

1.2
KIWA Bio-Tech will provide the Innovation Team with 1,000,000 Yuan of platform R&D expenses every year in the method agreed
on by both parties and other special research fund shall be discussed separately;

 

    	 	2	 

     

    

 

1.3
The Innovation Team shall provide instructional suggestions for KIWA Bio-Tech’s development strategy;

1.4
The Institute of Resources and Planning assigns Mr. Yongchang Wu, chief scientist of the Innovation Team to be the expert director
of KIWA Bio-Tech.

 

Article II Strategic cooperation
target 

2.1
Both parties will take respective resource advantages to realize industrialization development of the Innovation Team’s
achievements gradually on the business basis of KIWA Bio-Tech’s existing biological agricultural industry chain.

2.2
The Innovation Team will help KIWA Bio-Tech to build the ecological safe agricultural product base system in China.

2.3
The Innovation Team will help KIWA Bio-Tech to finish the implementation of the agricultural material e-commerce platform project
being purchased by KIWA Bio-Tech.

2.4
KIWA Bio-Tech will transform the technological achievements which are mature in the opinion of the Innovation Team by means of
investment, cooperation, etc.

 

Article III Management and coordination
of strategic cooperation relationship 

3.1
Both parties shall set up a coordination group relying on the Platform.

3.2
The competent leader of KIWA Bio-Tech, the Institute of Resources and Planning and the Institute of Agricultural Economics will
serve as the leader of the group.

3.3
The coordination group shall call up the leaders of both parties to make communication about the cooperation progress or plan
regularly.

 

    	 	3	 

     

    

 

Article IV Non-disclosure
of technology 

Both
parties promise to comply with relevant laws of the People’s Republic of China and the United States of America and shall
not disclose the data, information, etc. of each party involved in cooperation to third parties without the permission of the
other party.

 

Article V Supplementary provisions

5.1
This Agreement will be valid for three years, starting from November 20, 2015.

5.2
This Agreement will take effect upon signature and stamp of both parties. This Agreement is in quadruplicate, with KIWA Bio-Tech,
the Institute of Resources and Planning, the Institute of Agricultural Economics and the Innovation Team holding one copy respectively,
and they have equal legal effect.

 

(The
following has no text)

 

KIWA
BIO-TECH PRODUCTS GROUP CORPORATION (stamp)

Authorized
representative (signature):

 

/s/
Wei Li

Date:
November 5, 2015

 

Institute
of Agricultural Resources and Regional Planning, CAAS (stamp)

Authorized
representative (signature):

 

/s/
Yongchang Wu

Date:
November 5, 2015

Institute
of Agricultural Economics and Development, CAAS (stamp)

Authorized representative (signature):

 

/s/Zhiquan
Hu

Date:
November 5, 2015

 

    	 	4

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