Document:

Exhibit
10.2

 

AMENDED
AND RESTATED

CHARTER
OF THE

COMPENSATION
COMMITTEE

OF

AIXIN
LIFE INTERNATIONAL, INC.

Adopted
September 21, 2020

 

1.
Purpose

 

The
Compensation Committee (the “Committee”) of the Board of Directors of AiXin Life International, Inc. (the “Corporation”)
shall assist the Board of Directors in the discharge of its responsibilities with respect to the compensation of the Corporation’s
directors, executive officers, and other key employees and consultants, and for such purpose shall review compensation arrangements
for the Corporation’s executive officers and administer all employee benefit plans, including any equity incentive plan
adopted by the Corporation.

 

The
Committee is authorized to approve the compensation payable to the Corporation’s executive officers and other key employees,
approve all perquisites, equity incentive awards, and special cash payments made or paid to the Corporation’s executive
officers and other key employees and consultants, and approve severance packages with cash and/or equity components for the Corporation’s
executive officers and other key employees.

 

2.
Composition of the Committee

 

The
Committee shall consist of not less than two directors each of whom shall (i) be an independent director under the listing standards
of The NASDAQ Stock Market (“NASDAQ”), or any stock exchange or quotation system upon which the Corporation’s
common stock may be listed from time to time; (ii) be a “non-employee director” within the meaning of Rule 16b-3 promulgated
under the Securities Exchange Act of 1934, as amended, of the U.S. Securities and Exchange Commission (the “SEC”);
(iii) be an “outside director” within the meaning of Section 162(m) of the Internal Revenue Code of 1986, as amended;
and (iv) not accept directly or indirectly any consulting, advisory or other compensatory fee from the Corporation or a subsidiary
thereof. Each appointed Committee member shall be subject to annual reconfirmation and may be removed by the Board at any time.
The Board shall also consider whether the director is affiliated with the Corporation, a subsidiary of the Corporation, or an
affiliate of a subsidiary of the Corporation to determine whether such affiliation would impair the director’s judgment
as a member of the Committee. The receipt of fees for meeting attendance or awards of stock or stock options pursuant to the Corporation’s
equity compensation plans, by a director as part of his or her compensation for service on the Board, shall not disqualify the
director from serving as a member of the Committee.

 

3.
Committee Authority and Duties

 

In
carrying out the purpose and authorities set forth above, the Committee shall:

 

	 	A.	Approved
    Compensation Packages. Understand all aspects of the compensation packages it approves, including the maximum payment under
    such packages in the event of retirement, termination with or without cause, and severance in connection with a change in
    control of the Corporation;

 

    	 

     

    

 

	 	B.	Executive
    Officer Compensation. Review and approve the corporate goals and objectives relevant to the compensation of the Corporation’s
    Chief Executive Officer (the “CEO”) and other executive officers, evaluate the officers’ performance in
    light of those goals and objectives, and set the officers’ compensation level based on this evaluation;
	 	 	 
	 	C.	Significant
    Officer Contracts/Compensation Arrangements. Review and approve significant employment agreements, arrangements, or transactions
    with executive officers, including any arrangements having any compensatory effect or purpose;
	 	 	 
	 	D.	Director
    Compensation. Review and recommend to the Board appropriate director compensation programs for service as directors, committee
    chairmanships, and committee members, consistent with any applicable requirements of the listing standards for independent
    directors;
	 	 	 
	 	E.	Compensation
    Policies and Performance Review. Establish the overall compensation philosophy of the Company and periodically assess the
    Corporation’s policies applicable to the Corporation’s executive officers and directors, including the relationship
    of corporate performance to executive compensation, and evaluate the performance of the CEO and other executive officers against
    those corporate goals and objectives, and, in connection with other responsibilities and duties herein, recommend such compensation
    levels and structure to the full Board of Directors for final approval;
	 	 	 
	 	F.	Equity
    Plan Awards. Approve stock option grants and other equity-based or incentive awards under any stock option or equity incentive
    compensation plans adopted by the Corporation, and otherwise assist the Board in administering awards, whether to employees
    or non-employees, under these plans;
	 	 	 
	 	G.	Evaluate
    Stock and Incentive Plans. Evaluate and make recommendations to the Board concerning any stock option or equity incentive
    compensation plans proposed for or adopted by the Corporation and make recommendations to the Board with respect to incentive
    compensation plans and equity-based plans;
	 	 	 
	 	H.	Committee
    Report in Proxy Statement. Assist in the preparation of and approve a report of the Committee for inclusion in the Corporation’s
    proxy statement for each annual meeting of stockholders, in accordance with the rules of the SEC and any requirements of NASDAQ;
	 	 	 
	 	I.	Review.
    Periodically review the operation of all of the Corporation’s employee benefit plans, provided, however, that day-to-day
    administration of such plans, including the preparation and filing of all government reports and the preparation and delivery
    of all required employee materials and communications, shall be performed by Corporation management;

 

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	 	J.	CD&A.
    If required under the rules of the SEC, review and approve the Compensation Discussion and Analysis for annual disclosure
    to the shareholders;
	 	 	 
	 	K.	Access
    to Executives. Have full access to the Corporation’s executives as necessary to carry out its responsibilities;
	 	 	 
	 	L.	Other
    Activities. Perform any other activities consistent with this Charter, the Corporation’s By-laws and governing law,
    as the Committee or the Board deems necessary or appropriate;
	 	 	 
	 	M.	Review
    Charter. Review the Committee’s Charter at least annually for adequacy and recommend any changes to the Board;
	 	 	 
	 	N.	Self-Evaluation.
    Annually review the Committee’s own performance and present a report to the Board of the performance evaluation of the
    Committee; and
	 	 	 
	 	O.	Report
    to Board. Report to the Board of Directors on the major items covered at each Committee meeting.

 

4.
Investigations and Studies; Outside Advisers

 

The
Committee may conduct or authorize investigations into or studies of matters within the Committee’s scope of responsibilities,
and may, in its sole discretion, retain or obtain the advice of a compensation consultant, legal counsel or other adviser. The
Committee shall be directly responsible for the appointment, compensation and oversight of the work of any compensation consultant,
legal counsel or other adviser retained by the Committee, the expense of which shall be borne by the Corporation. The Committee
may select a compensation consultant, legal counsel or other adviser to the Committee only after taking into consideration all
factors relevant to that person’s independence from management, including the following:

 

	 	A.	The
    provision of other services to the Corporation by the person that employs the compensation consultant, legal counsel or other
    adviser;
	 	 	 
	 	B.	The
    amount of fees received from the Corporation by the person that employs the compensation consultant, legal counsel or other
    adviser, as a percentage of the total revenue of the person that employs the compensation consultant, legal counsel or other
    adviser;
	 	 	 
	 	C.	The
    policies and procedures of the person that employs the compensation consultant, legal counsel or other adviser that are designed
    to prevent conflicts of interest:
	 	 	 
	 	D.	Any
    business or personal relationship of the compensation consultant, legal counsel or other adviser with a member of the Committee;
	 	 	 
	 	E.	Any
    stock of the Corporation owned by the compensation consultant, legal counsel or other adviser; and

 

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	 	F.	Any
    business or personal relationship of the compensation consultant, legal counsel, other adviser or the person employing the
    adviser with an executive officer of the Corporation.

 

The
Committee shall conduct the independence assessment with respect to any compensation consultant, legal counsel or other adviser
that provides advice to the Committee, other than: (i) in-house legal counsel; and (ii) any compensation consultant, legal counsel
or other adviser whose role is limited to the following activities for which no disclosure would be required under Item 407(e)(3)(iii)
of Regulation S-K: consulting on any broad-based plan that does not discriminate in scope, terms, or operation, in favor of executive
officers or directors of the Corporation, and that is available generally to all salaried employees; or providing information
that either is not customized for the Corporation or that is customized based on parameters that are not developed by the compensation
consultant, and about which the compensation consultant does not provide advice.

 

Nothing
herein requires a compensation consultant, legal counsel or other compensation adviser to be independent, only that the Committee
consider the enumerated independence factors before selecting or receiving advice from a compensation consultant, legal counsel
or other compensation adviser. The Committee may select or receive advice from any compensation consultant, legal counsel or other
compensation adviser it prefers, including ones that are not independent, after considering the six independence factors outlined
above.

 

Nothing
herein shall be construed: (1) to require the Committee to implement or act consistently with the advice or recommendations of
the compensation consultant, legal counsel or other adviser to the Committee; or (2) to affect the ability or obligation of the
Committee to exercise its own judgment in fulfillment of its duties.

 

5.
Compensation Committee Meetings

 

The
Committee shall meet with the CEO at or near the start of each fiscal year to discuss the goals and incentive compensation programs
to be in effect for such fiscal year and the performance targets triggering payout under those programs. The Committee shall,
by duly authorized resolution, establish any incentive compensation programs to be in effect for the fiscal year for the Corporation’s
executive officers and other participants, including the objectives to be attained and the procedures for determining the individual
awards payable under those programs. At or near the end of each fiscal year, the Committee shall meet to review performance under
those programs and award bonuses thereunder. At that time the Committee shall also adjust base salary levels in effect for the
Corporation’s executive officers and review the overall performance of the Corporation’s employee benefit plans. The
CEO and members of management may not be present during voting or deliberations on their compensation.

 

The
Committee shall also meet as and when necessary to act upon any other matters within its jurisdiction under this Charter.

 

Minutes
shall be kept of each meeting of the Committee.

 

    	4Exhibit
10.3

 

CHARTER
OF THE 

NOMINATING
AND CORPORATE GOVERNANCE COMMITTEE

OF 

AIXIN
LIFE INTERNATIONAL, INC.

ADOPTED
SEPTEMBER 21, 2020

 

1.
Purpose

 

The
Nominating and Corporate Governance Committee (the “Committee”) of the Board of Directors (the “Board”)
of AiXin Life International, Inc. (the “Company”) is appointed by the Board (a) to assist the Board by identifying
individuals qualified to become Board members, and to recommend to the Board the director nominees for the next annual meeting
of shareholders; (b) to recommend to the Board director nominees for each Board committee; (c) to recommend to the Board the corporate
governance guidelines applicable to the Company; (d) to lead the Board in its annual review of the performance of the Board and
its committees; and (e) to take a leadership role in shaping the corporate governance of the Company.

 

2.
Committee Membership

 

The
Committee shall consist of no fewer than two members. The members of the Committee shall satisfy the independence requirements
of The NASDAQ Stock Market (“NASDAQ”) with respect to nominating committees. The members of the Committee shall be
appointed and replaced by the Board. One member of the Committee shall be appointed as Chairman by the Board.

 

3.
Meetings

 

The
Committee shall meet as often as necessary to carry out its responsibilities. The Chairman of the Committee shall preside at each
meeting. Minutes shall be kept of each meeting of the Committee.

 

4.
Committee Authority and Responsibilities

 

The
Committee shall perform the core function of recommending director candidates (a) for the Board’s selection for presentation
to the stockholders for their approval at the annual meeting of the stockholders and (b) for the Board’s approval to fill
any vacancies on the Board, whether created by expansion, resignation, retirement or any other reason. This responsibility includes:
(i) working with the full Board to develop criteria and procedures for the identification and recruitment of candidates for Board
membership, as reflected in the Company’s corporate governance guidelines; (ii) reviewing candidates’ qualifications
(including independence) and any potential conflicts with the Company’s interests; (iii) evaluating each director’s
individual performance when considering whether to re-nominate the director for reelection to the Board; and (iv) making recommendations
to the full Board with respect to these matters. In the event that the Company is legally required by contract or otherwise to
provide third parties with the ability to designate directors, the selection and nomination of such directors need not be subject
to the process set forth herein.

 

    	 

    2

    

 

	B.	The
    Committee shall have the authority to retain and terminate any search firm to be used to identify director candidates and
    shall have authority to approve the search firm’s fees and other retention terms. The Committee shall also have authority
    to obtain advice and assistance from internal or external legal, accounting or other advisors.
	 	 
	C.	The
    Committee shall receive comments from all directors and report annually to the Board with an assessment of the Board’s
    performance, including the effectiveness of its committees, to be discussed with the full Board following the end of each
    fiscal year.
	 	 
	D.	The
    Committee shall initially create and recommend for adoption by the Board corporate governance guidelines for the Company and,
    on an annual basis thereafter, review and reassess the adequacy of these guidelines and recommend any proposed changes to
    the Board for approval.
	 	 
	E.	The
    Committee shall annually review the succession planning recommendations for the Company’s senior executive officers,
    including but not limited to the Chief Executive Officer and will do so in concert with the Compensation and Stock Option
    Committee and the Chairman of the Board of Directors.
	 	 
	F.	The
    Committee may form and delegate authority to subcommittees when appropriate.
	 	 
	G.	At
    each meeting of the Board that follows a meeting of the Committee, the Chairman of the Committee shall report to the full
    Board on the matters considered at the last meeting(s) of the Committee.
	 	 
	H.	The
    Committee shall review and reassess the adequacy of this Charter annually and recommend any proposed changes to the Board
    for approval. The Committee shall annually review its own performance.

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