Document:

Exhibit
4.23

 

授权委托书

 

Power
of Attorney

 

本人宋雪松,持有中华人民共和国身份证(号码:***************417),通讯地址为
,系拥有北京中传视讯科技有限公司(“中传视讯”)61.8245%股权(“相关股权”)的股东,就相关股权,特此不可撤销地授权中传天下信息科技(深圳)有限公司(“深圳中传天下”)在本授权委托书的有效期内行使如下权利:

 

The
undersigned, Song Xuesong, a person with the PRC identification card number of ***************417, with address at , and a holder
of 61.8245% of the entire registered capital (“Shares”) in Beijing Mobile Vision Technology Co., Ltd. (“Mobile
Vision”), hereby irrevocably authorize Zhongchuan Tianxia Information Technology (Shenzhen) Co., Ltd. (“WFOE”)
to exercise the following rights relating to Shares during the term of this Power of Attorney:

 

授权深圳中传天下作为本人唯一的排他的代理人就有关相关股权的事宜全权代表本人行使包括但不限于如下的权利:1)参加中传视讯的股东会;2)行使按照法律和中传视讯章程规定本人所享有的全部股东权利和股东表决权,包括但不限于出售或转让或质押或处置相关股权的全部或任何一部分;以及3)作为本人的授权代表指定和任命中传视讯的法定代表人、董事和/或执行董事、监事、经理以及其他高级管理人员等。但中传视讯利用该等授权做出违反中华人民共和国法律的决定无效。

 

WFOE
is hereby authorized to act on behalf of myself as my exclusive agent and attorney with respect to all matters concerning My Shareholding,
including without limitation: 1) attending shareholders’ meetings of Mobile Vision; 2) exercising all the shareholder’s rights
and shareholder’s voting rights I am entitled to under the laws of China and Articles of Association of Mobile Vision, including
but not limited to the sale or transfer or pledge or disposition of My Shareholding in part or in whole; and 3) designating and
appointing on behalf of myself the legal representative, director and/or executive director, supervisor, manager and other senior
management members of Mobile Vision. However, the decision made by Mobile Vision taking advantage of the power of attorney which
is against the PRC laws shall be null and void.

 

    1

     

    

 

深圳中传天下将有权在授权范围内代表本人签署独家购买权协议(本人应要求作为协议方)中约定的转让协议,如期履行本人作为协议一方的与本授权委托书同日签署的股权质押协议和独家购买权协议,该权利的行使将不对本授权形成任何限制。

 

Without
limiting the generality of the powers granted hereunder, WFOE shall have the power and authority under this Power of Attorney
to execute the Transfer Contracts stipulated in Exclusive Option Agreement, to which I am required to be a party, on behalf of
myself, and to effect the terms of the Share Pledge Agreement and Exclusive Option Agreement, both dated the date hereof, to which
I am a party.

 

深圳中传天下就相关股权的一切行为均视为本人的行为,签署的一切文件均视为本人签署,本人会予以承认。

 

All
the actions associated with Shares conducted by WFOE shall be deemed as my own actions, and all the documents related to Shares
executed by WFOE shall be deemed to be executed by me. I hereby acknowledge and ratify those actions and/or documents by the WFOE.

 

深圳中传天下有转委托权,可以就上述事项的办理自行再委托其他人或单位而不必事先通知本人或获得本人的同意。

 

WFOE
is entitled to re-authorize or assign its rights related to the aforesaid matters to any other person or entity at its own discretion
and without giving prior notice to me or obtaining my consent.

 

在本人为中传视讯的股东期间,本授权委托书不可撤销并持续有效,自授权委托书签署之日起算。

 

This
Power of Attorney is coupled with an interest and shall be irrevocable and continuously valid from the date of execution of this
Power of Attorney, so long as I am a shareholder of Mobile Vision.

 

本授权委托书期间,本人特此放弃已经通过本授权委托书授权给深圳中传天下的与相关股权有关的所有权利,不再自行行使该等权利。

 

During
the term of this Power of Attorney, I hereby waive all the rights associated with Shares, which have been authorized to WFOE through
this Power of Attorney, and shall not exercise such rights by myself.

 

本授权委托书以中文和英文书就,中英文版本如有冲突,应以中文版为准。

 

This
Power of Attorney is written in Chinese and English; in case there is any conflict between the Chinese version and the English
version, the Chinese version shall prevail.

  

	 	

宋雪松

Song
Xuesong

 

签署:

	 	By:

	 	

日期:
年 月 日

	 	Date:

 

 

2Exhibit 10.1

 

EMPLOYMENT
AGREEMENT

 

This
EMPLOYMENT AGREEMENT (the “Agreement”) is made and entered into as of this 19 day of August, 2018 (the “Effective
Date”), by and between Luokung Technology Corp., a British Virgin Islands corporation (the “Company”)
and Xuesong Song (the “Executive”), a Chinese citizen.

 

WITNESSETH:

 

WHEREAS,
the parties desire to enter into this Agreement setting forth the terms and conditions of the employment relationship between
the Executive and the Company.

 

NOW,
THEREFORE, in consideration of the foregoing premises and the mutual covenants and agreements contained herein, the parties
hereto agree as follows:

 

1.
EMPLOYMENT.

 

1.1
Agreement to Employ. The Company hereby agrees to employ Executive, and Executive hereby agrees to serve, subject to the
provisions of this Agreement, as an officer and employee of the Company.

 

1.2
Duties and Schedule. Executive shall serve as the Company’s Chief Executive Officer (“CEO”). The
responsibilities of the Executive shall be subject to the bylaws of the Company and determined by the Board of Directors of the
Company (the “Board”). The Executive shall report directly to the Board and shall have such responsibilities
as designated by the Board of the Company to the extent that such responsibilities are not inconsistent with all applicable laws,
regulations and rules. Executive shall devote his best efforts and all of his business time to his position with the Company during
the Term.

 

2.
TERM OF EMPLOYMENT. Unless Executive’s employment shall sooner terminate pursuant to Section 4, the Company shall
employ Executive for a four-year term commencing on the Effective Date (the “Term”), which Term shall be renewable
upon mutual agreement of the Company and the Executive, as approved by the Board.

 

3.
COMPENSATION.

 

3.1  Salary.
Executive’s salary during the Term shall be $Nil.

 

3.2 Bonus.
At the sole discretion of the Board, or any committee duly designated by the Board and authorized to act thereto, the Executive
shall be eligible for an annual cash bonus.

 

3.3 Vacation.
Executive shall be entitled to 8 days of paid vacation per year. In the event that Executive remains employed by the Company for
3 years or more, Executive shall be entitled to 12 days of paid vacation.

 

3.4
Business Expenses. Executive shall be reimbursed by the Company for all ordinary and necessary expenses incurred by Executive;
provided that they are incurred and approved in writing in accordance with the Company’s expense policy.

 

3.5
Benefits. During the Term, Executive shall be allowed to participate, on the same basis generally as other employees of
the Company, in all general employee benefit plans and programs, including improvements or modifications of the same, which may
exist as of the Effective Date or thereafter and which are made available by the Company to all or substantially all of its employees.
Such benefits, plans, and programs may include, without limitation, any health, and dental insurance or 401K programs, if and
when instituted. Any benefit plan currently existing or instituted by the Company after the Effective Date may be altered, change
or discontinued by the Company at its sole discretion and at any time without obligation of any nature to Executive. Except as
specifically provided herein, nothing in this Agreement is to be construed or interpreted to increase or alter in any way the
rights, participation, coverage, or benefits under such benefit plans or programs to other than those provided to other employees
pursuant to the terms and conditions of such benefit plans and programs.  

 

    	 	1	 

     

    

 

4.
TERMINATION.

 

4.1 Death.
This Agreement shall terminate immediately upon the death of Executive, and Executive’s estate or Executive’s legal
representative, as the case may be, shall be entitled to Executive’s accrued and unpaid Salary as of the date of Executive’s
death, plus all other compensation and benefits that were vested through the date of Executive’s death.

 

4.2
Disability. In the event of Executive’s Disability, this Agreement shall terminate and Executive shall be entitled
to (a) accrued and unpaid Salary and vacation through the first date that a Disability is determined; and (b) all other compensation
and benefits that were vested through the first date that a Disability has been determined. “Disability”
means the good faith determination of the Board that Executive has become so physically or mentally incapacitated or disabled
as to be unable to satisfactorily perform his duties hereunder for a period of ninety (90) consecutive calendar days or for one-
hundred twenty (120) days in any three-hundred sixty (360) day period, such determination based upon a certificate as to such
physical or mental disability issued by a licensed physician and/or psychiatrist (as the case may be) mutually agreed upon by
Executive and the Company.

 

4.3
Termination by Company for Cause.  The Company may terminate the Executive for Cause and such termination shall
take effect upon the receipt by Executive of the Notice of Termination. Upon the effective date of the termination for Cause,
Executive shall be solely entitled to accrued and unpaid Salary through such effective date. “Cause”
means: (i) engaging in any act, omission or misconduct that is injurious to the Company or an affiliate; (ii) gross negligence
or willful misconduct in connection with the performance of duties; (iii) conviction of a criminal offense (other than minor traffic
offenses); (iv) fraud, embezzlement or misappropriation of funds or property of the Company or an affiliate; (v) material breach
of any term of any employment or other services, confidentiality, intellectual property or non-competition agreements, if any,
between the Executive and the Company or an affiliate; (vi) the entry of an order duly issued by any regulatory agency (including
federal, state and local regulatory agencies and self-regulatory bodies) having jurisdiction over the Company or an affiliate
requiring the removal of the Executive from any office held with the Company or prohibiting the Executive from participating in
the business or affairs of the Company or any affiliate; or (vii) the revocation or threatened revocation of any of the Company’s
or an affiliate’s government licenses, permits or approvals, which is primarily due to the Executive’s action or inaction
and such revocation or threatened revocation would be alleviated or mitigated in any material respect by the termination of the
Executive’s employment or services with the Company or an affiliate.

 

 4.4
Voluntary Termination by Executive. The Executive may voluntarily terminate his employment for any reason and such termination
shall take effect 30 days after the receipt by Company of the Notice of Termination. Upon the effective date of such termination,
Executive shall be entitled to (a) accrued and unpaid Salary and vacation through such termination date; and (b) all other compensation
and benefits that were vested through such termination date.  In the event Executive is terminated without notice, it
shall be deemed a termination by the Company for Cause.

 

4.5 Notice
of Termination. Any termination of the employment by the Company or the Executive shall be communicated by a notice in accordance
with Section 8.4 of this Agreement (the “Notice of Termination”).   Such notice shall (a) indicate
the specific termination provision in this Agreement relied upon and (b) if the termination is for Cause, the date on which the
Executive’s employment is to be terminated.

 

4.6 Severance.
The Executive shall not be entitled to severance payments upon any termination provided in Section 4 herein.

 

5.
EMPLOYEE’S REPRESENTATION. The Executive represents and warrants to the Company that: (a) he is subject to no contractual,
fiduciary or other obligation which may affect the performance of his duties under this Agreement; (b) he has terminated, in accordance
with their terms, any contractual obligation which may affect his performance under this Agreement; and (c) his employment with
the Company will not require him to use or disclose proprietary or confidential information of any other person or entity.

 

    	 	2	 

     

    

 

6.
CONFIDENTIAL INFORMATION Except as permitted or directed by the Board of Directors of the Company in writing, during the
time the Executive is employed by the Company or at any time thereafter, the Executive shall not use for his personal purposes
nor divulge, furnish, or make accessible to anyone or use in any way (other than in the ordinary course of the business of the
Company) any confidential or secret information or knowledge of the Company, whether developed by himself or by others. Such confidential
and/or secret information encompassed by this Section 6 includes, but is not limited to, the Company’s customer and
supplier lists, business plans, software, systems, and financial, marketing, and personnel information. The Executive agrees to
refrain from any acts or omissions that would reduce the value of any confidential or secret knowledge or information to the Company,
both during his employment hereunder and at any time after the termination of his employment. The Executive’s obligations
of confidentiality under this Section 6 shall not apply to any knowledge or information that is now published publicly or
that subsequently becomes generally publicly known, other than as a direct or indirect result of a breach of this Agreement by
the Executive.

 

7. NON-COMPETITION:
NON-SOLICITATION; INVENTIONS.

 

7.1 Non-Competition.
 During the employment of the Executive under this Agreement and for a period of six (6) months after termination of
such employment, the Executive shall not at any time compete on his own behalf, or on behalf of any other person or entity,
with the Company or any of its affiliates within all territories in which the Company does business with respect to the business
of the Company or any of its affiliates as such business shall be conducted on the date hereof or during the employment of the
Executive under this Agreement. The ownership by the Executive of not more than 5% of a corporation, partnership or other enterprise
shall not constitute a violation hereof.

 

7.2 Non-Solicitation.  During
the employment of the Executive under this Agreement and thereafter Executive shall not at any time (i) solicit or induce,
on his own behalf or on behalf of any other person or entity, any employee of the Company or any of its affiliates to leave the
employ of the Company or any of its affiliates; or (ii) solicit or induce, on his own behalf or on behalf of any other person
or entity, any customer or Prospective Customer of the Company or any of their respective affiliates to reduce its business with
the Company or any of its affiliates. For the purposes of this Agreement, “Prospective Customer” shall mean
any individual, corporation, trust or other business entity which has either (a) entered into a nondisclosure agreement with the
Company or any Company subsidiary or affiliate or (b) has within the preceding 12 months received a currently pending and not
rejected written proposal in reasonable detail from the Company or any of the Company’s subsidiary or affiliate.

 

7.3
Inventions and Patents. The Company shall be entitled to the sole benefit and exclusive ownership of any inventions or
improvements in products, processes, or other things that may be made or discovered by Executive while he is in the service of
the Company, and all patents for the same. During the Term, Executive shall do all acts necessary or required by the Company to
give effect to this section and, following the Term, Executive shall do all acts reasonably necessary or required by the Company
to give effect to this section.  In all cases, the Company shall pay all costs and fees associated with such acts by
Executive.

 

7.4
Return of Property.  The Executive agrees that all property in the Executive’s possession that he obtains
or is assigned in the course of his employment with the Company, including, without limitation, all documents, reports, manuals,
memoranda, customer lists, credit cards, keys, access cards, and all other property relating in any way to the business of the
Company, is the exclusive property of the Company, even if the Executive authored, created, or assisted in authoring or creating
such property. The Executive shall return to the Company all such property immediately upon termination of employment or at such
earlier time as the Company may request.

 

7.5 Court
Ordered Revisions. If any portion of this Section 7 is found by a court of competent jurisdiction to be invalid
or unenforceable, but would be valid and enforceable if modified, this Section 7 shall apply with such modifications necessary
to make this Section 7 valid and enforceable.  Any portion of this Section 7 not required to be so modified shall
remain in full force and effect and not be affected thereby.

 

7.6
Specific Performance. The Executive acknowledges that the remedy at law for any breach of any of the provisions of Section
7 will be inadequate, and that the Company shall be entitled, in addition to any remedy at law or in equity, to preliminary and
permanent injunctive relief and specific performance.

 

    	 	3	 

     

    

 

8.
MISCELLANEOUS.

 

8.1
Indemnification.  The Company and each of its subsidiaries shall, to the maximum extent provided under applicable
law, indemnify and hold Executive harmless from and against any expenses, including reasonable attorney’s fees, judgments,
fines, settlements and other legally permissible amounts (“Losses”), incurred in connection with any proceeding
arising out of, or related to, Executive’s employment by the Company, other than any such Losses incurred as a result of
Executive’s negligence or willful misconduct.  The Company shall, or shall cause a subsidiary thereof to, advance
to Executive any expenses, including attorney’s 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 Executive in defense of any
such proceeding shall be paid by the Company or applicable subsidiary 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 or on behalf of Executive to repay the amounts so advanced if it shall ultimately be determined pursuant to any non-appealable
judgment or settlement that Executive is not entitled to be indemnified by the Company or any subsidiary thereof.  The
Company will provide Executive with coverage under all directors and officers liability insurance policies that it has in effect
during the Term, with no deductible to Executive.

 

 8.2
Applicable Law. Except as may be otherwise provided herein, this Agreement shall be governed by and construed in accordance
with the laws of China, applied without reference to principles of conflict of laws. Any dispute arising from or in connection
with this Agreement shall be submitted to Shanghai International Arbitration Center (the “Center”) for arbitration
under the then effective rules of the Center. The arbitration award shall be the sole, binding, exclusive and final remedy for
resolving any dispute between the parties.

 

8.3
Amendments. This Agreement may not be amended or modified otherwise than by a written agreement executed by the parties
hereto or their respective successors or legal representatives.

 

8.4
Notices.  All notices and other communications hereunder shall be in writing and shall be given by hand-delivery
to the other party, by an international mail courier, or by registered or certified mail, return receipt requested, postage prepaid,
addressed as follows:

 

If
to the Executive:

 

Xuesong
Song

________________________

________________________

  

If
to the Company:

___________________

___________________

  

Or
to such other address as either party shall have furnished to the other in writing in accordance herewith.  Notices
and communications shall be effective when delivered to the addressee.

 

8.5
Withholding. The Company may withhold from any amounts payable under the Agreement, such federal, state and local income,
unemployment, social security and similar employment related taxes and similar employment related withholdings as shall be required
to be withheld pursuant to any applicable law or regulation.

 

8.6
Severability. The invalidity or unenforceability of any provision of this Agreement shall not affect the validity or enforceability
of any other provision of this Agreement and any such provision which is not valid or enforceable in whole shall be enforced to
the maximum extent permitted by law.

 

8.7
Captions. The captions of this Agreement are not part of the provisions and shall have no force or effect.

 

    	 	4	 

     

    

 

8.8
Entire Agreement. This Agreement contains the entire agreement among the parties concerning the subject matter hereof and
supersedes all prior agreements, understandings, discussions, negotiations and undertakings, whether written or oral, between
the parties with respect thereto.

 

8.9
Survival. The respective rights and obligations of the parties hereunder shall survive any termination of this Agreement
or the Executive’s employment hereunder to the extent necessary to the intended preservation of such rights and obligations.

 

8.10
Waiver. Either Party's failure to enforce any provision or provisions of this Agreement shall not in any way be construed
as a waiver of any such provision or provisions, or prevent that party thereafter from enforcing each and every other provision
of this Agreement.

 

8.11
Successors.  This Agreement is personal to Executive and, without the prior express written consent of the Company,
shall not be assignable by Executive. This Agreement shall inure to the benefit of and be enforceable by Executive’s estate,
heirs, beneficiaries, and/or legal representatives. This Agreement shall inure to the benefit of and be binding upon the Company
and its successors and assigns.

 

8.12
Joint Efforts/Counterparts. Preparation of this Agreement shall be deemed to be the joint effort of the parties hereto
and shall not be construed more severely against any party.  This Agreement may be signed in two or more counterparts,
each of which shall be deemed an original and all of which together shall constitute one and the same instrument.

 

8.13
Representation by Counsel.   Each Party hereby represents that it has had the opportunity to be represented
by legal counsel of its choice in connection with the negotiation and execution of this Agreement.

 

IN
WITNESS WHEREOF, the parties have executed this Agreement as of the day and year first above written.

 

	EXECUTIVE:

        

        
	 	Luokung
                                         Technology CoRP.

	 	 	 
	/s/
    Xuesong     Song	 	/s/
    Jie     Yu
	Xuesong
    Song	 	Jie
    Yu
	 	 	Chief Financial Officer

 

 

5

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