Document:

Exhibit 10.1

 

AMENDMENT NO.8 TO SECURED CONVERTIBLE PROMISSORY
NOTE

 

This Amendment No. 8
to the Secured Convertible Promissory Note (the “Amendment”), is made as of September 28, 2022 by VIA Motors
International, Inc., (the “Borrower”). Capitalized terms used but not defined herein shall have the respective
meanings given to them in the Note (defined below).

 

WHEREAS,
the Borrower issued a certain Secured Convertible Promissory Note dated August 30, 2021, as amended on May 20, 2022, June 17,
2022, July 12, 2022, August 15, 2022, September 7, 2022, September 12, 2022 and September 16, 2022 (“Note”)
to Ideanomics Inc., (“Lender”) promising to repay the loan amount of $57,418,111.00 advanced by the Lender.

 

WHEREAS, the Borrower wishes
to borrow, and the Lender wishes to advance, an additional amount of US$ 1,000,000.00 on the terms and conditions set forth in the Note.

 

WHEREAS, the Borrower desires to amend the Note
as provided herein.

 

NOW, THEREFORE, in consideration
of the mutual covenants herein contained and other good and valuable consideration, the mutual receipt and legal sufficiency of which
are hereby acknowledged, the Parties, intending to be legally bound, mutually agree as follows:

 

		1.	Notwithstanding anything to the contrary in
                                            the Note, effective as of the date hereof:

 

		a.	the principal sum payable under the Note
                                            shall be FIFTY-EIGHT MILLION FOUR HUNDRED AND EIGHTEEN THOUSAND ONE HUNDRED AND ELEVEN Dollars
                                            (US$58,418,111.00).

 

		b.	Simple
                                            interest on (i) US$42,500,000 shall accrue from August 30, 2021; (ii) US$
                                            2,318,111 shall accrue from May 20, 2022, (iii) US$ 3,200,000 shall accrue from
                                            June 17, 2022, (iv) US$ 5,800,000 shall accrue from July 12, 2022, (iv) US$
                                            1,600,000 shall accrue from August 15, 2022; (v) US$ 924,000 shall accrue from
                                            September 7, 2022; (vi) US$ 1,076,000 shall accrue from September 16, 2022;
                                            and (vii) US$ 1,000,000 shall accrue from the date hereof, in each case, till the Maturity
                                            Date at the rate of four percent (4%) per annum (such principal and interest together and
                                            all other amounts due and owing under the Note, the “Obligations”).

 

		2.	Except to the extent herein expressly modified
                                            by the foregoing provisions of this Amendment, the Note is hereby ratified and confirmed
                                            in all respects.

 

		3.	This Amendment may be executed by electronic
                                            signatures and in any number of counterparts with the same effect as if all signatory parties
                                            had signed the same document. All counterparts shall be construed together and shall constitute
                                            one and the same instrument.

 

[signature page follows]

 

     

     

    

 

IN WITNESS WHEREOF, each of the parties hereto has caused this Amendment
to be duly executed and delivered in its name and on its behalf, all as of the day and year first above written.

 

	 	VIA MOTORS INTERNATIONAL, INC., a Delaware corporation
	 	 
	 	By:	/s/ Alan Perriton                
	 	Name: Alan Perriton
	 	Title: President

 

Acknowledged by:

 

	IDEANOMICS, INC., a Nevada corporation	 
	 	 
	By:	/s/ Alf
    Poor                 	 
	Name: Alf Poor	 
	Title: Authorized Signatory	 

 

[Signature Page to Amendment No. 8 to
the Convertible Note]Exhibit
10.1

 

Confidential

 

Cooperation
Agreement 

 

Between

 

Feng LI, Yvonne WANG, Wei LI and

 

 

 

Xiao
Man International Holdings Co., Ltd.

 

 

 

    	-1-

     

    

 

This
Cooperation Agreement (hereinafter referred to as “the Agreement”) is signed among the following parties on [September
25], 2022 (hereinafter referred to as “the signing date”).

 

1.
FENG LI, a Chinese natural person. ID number: [110102198812080422], contact address: [118
Pistacia Lane, Pomona CA 91767 USA];

 

2.
YVONNE WANG, an American natural person. Passport number: [521871101], contact address: [118
Pistacia Lane, Pomona CA 91767 USA];

 

3.
WEI LI, a Chinese Hong Kong natural person. ID number: [R613530 (6)], contact address: [118
Pistacia Lane, Pomona CA 91767 USA];

 

4.
Xiao Man International Holdings Co., Ltd., a limited company that is incorporated
and exists under the laws of [British Virgin Islands]. Registered address: [Craigmuir
Chambers, Road Town, Tortola, VG 1110, British Virgin Islands] (hereinafter referred to as “Xiao Man Holdings”);

 

In
the text below, Feng LI, Yvonne WANG, and Wei LI are collectively referred to “Party A”; Xiao Man Holdings is referred
to “Party B”; Feng LI, Yvonne WANG, Wei LI, and Party B are collectively referred to “the parties”
and referred to “the party” separately.

 

WHEREAS:

 

(1)
Party A is the current shareholder of Kiwa Bio-Tech Products Group Corporation (Chinese name: 康坦生物科技集团公司,
a company registered in Nevada, USA and listed on the OTC market. Stock code: KWBT, hereinafter referred to as “KIWA” or
“Kiwa Bio-Tech”). Up to the signing date of the Agreement, Feng LI has held 250,000 shares of 50% series A preferred shares
of KIWA, Yvonne WANG has held 250,000 shares of 50% series A preferred shares and 240,000 ordinary shares of KIWA; and Wei LI has held
811,148 shares of 100% series B preferred shares and 1,903,542 ordinary shares of KIWA.

 

(2)
As KIWA’s shareholders, Feng LI, Yvonne WANG, and Wei LI have signed a Concerted Action Agreement, and Wei LI is KIWA’s actual
controller.

 

(3)
Party B and its team own rich resources in [digital assets, digital collections, metaverse, and film and television culture], as well
as experience in capital operation of US listed entities.

 

(4)
In order to maximize the parties’ interests, the parties have signed the Agreement by common consent.

 

    	-2-

     

    

 

1.
Overall Cooperation Arrangement

 

(1)
The parties agree that Party A is about to invite Party B and the team designated by Party B to carry out capital operations for KIWA,
including but not limited to share merger, additional share issuing, and reorganization of the board of directors. Party A shall, and
shall promote KIWA to fully cooperate with Party B on such capital operations.

 

(2)
The parties uniformly confirm that, after such capital operations is completed, the parties shall realize the following objectives:

 

(i)
The actual control of KIWA shall be transferred to Party B or Party B’s designated entity;

 

(ii)
Party B is in charge of injecting new business and assets into KIWA, and improving KIWA’s performance and market capitalization;

 

(iii)
KIWA shifts from the current OTC market to New York Stock Exchange or NASDAQ market for stock exchange;

 

(iv)
In this process, Party A gradually exits according to the time frame agreed in the Agreement.

 

(3)
Party A agrees that, upon or after the signing of the Agreement, Party A shall sign a Voting Proxy Agreement as shown in Appendix 1 with
Party B or the entity designated by Party B. In this way, all the voting rights enjoyed by Party A in KIWA shall be authorized to Party
B or the entity designated by Party B.

 

(4)
Party A agrees that, after signing the Agreement, it shall reorganize KIWA’s board of directors in accordance with Party B’s
instructions, and replace most or all current directors in KIWA with Party B’s designated personnel.

 

(5)
Party A shall spur KIWA into issuing additional shares to Party A and Party B or Party B’s designated entity. After such oriented
additional issuing is completed, Party A shall hold no less than 15% shares of KIWA after share merger, and Party B or Party B’s
designated entity shall hold no less than 85% shares of KIWA after share merger.

 

(6)
After oriented additional issuing is completed by KIWA, Party B shall select quality assets in digital assets, digital collections, metaverse,
and film and television culture (hereinafter referred to as “underlying assets”), and inject such assets into KIWA
appropriately (hereinafter referred to as “asset injection”).

 

(7)
The parties have reached consensus that, after asset injection, they shall cooperate on KIWA’s shift to New York Stock Exchange
or NASDAQ market for listed exchange (hereinafter referred to as “market shift listing”).

 

(8)
The parties agree that, after asset injection and before market shift listing is completed, Party A is entitled to sell its KIWA shares
that is no more than 50% to Party B at an agreed price; After market shift listing, Party A is entitled to sell its remaining KIWA shares
via secondary markets and then exits. However, in the sale, Party B or Party B’s designated entity enjoys a prior right of assignment.
Party B agrees that, except a 180-day locking period for shareholders after market shift according to usual practice, Party B shall not
set any limit for Party A’s sale action on secondary markets.

 

(9)
Party A agrees to promote the deliberation of relevant resolutions by KIWA’s board of directors and shareholders’ general
meetings. Party A shall cooperate and spur other parties to work on signing related transaction documents to ensure the progression of
overall cooperation arrangement.

 

    	-3-

     

    

 

2.
Bearing of Rights and Obligations

 

The
parties have reached an agreement on Wei LI’s pledge that, up to the signing date of the Agreement, KIWA does not have bond obligations,
debts, or disputes other than those disclosed in the latest annual report.

 

Party
A pledges that it shall jointly compensate Party B (including Party B’s senior executives, directors, employees, and proxy) for
any direct or indirect loss brought to Party B due to the following reasons: (1) Party A severely breaches any claim, statement, guarantee
and/or pledge made in the Agreement; (2) There is any or all losses borne by or produced to KIWA or Party B owing to any undisclosed
bond obligations or any third party rights, proposals, or cause of action. While these rights, proposals, or cause of action have appeared
or existed before the enforcement of the Agreement, and were caused by any behavior, action, nonfeasance, event, condition, debt, or
responsibility of any shareholders of the target company and/or the target company.

 

Party
B pledges that, for any direct or indirect loss to Party A due to the following reasons, Party B shall jointly make compensation (including
but not limited to returning shares or terminating transactions) to Party A:

 

(1)
Party B severely breaches any claim, statement, guarantee and/or pledge made in the Agreement;

 

(2)
The assets injected into KIWA by Party B are involved in legal disputes or lawsuits, and have major legal defects which makes KIWA fails
to exist normally according to the United States Securities and Exchange Commission’s relevant regulations.

 

3.
Cooperation Mechanism Arrangement

 

Based
on the above cooperation contents, the parties regard each other as a partner and also the unique partner in the overall cooperation
project under the Agreement.

 

Without
the other party’s written consent, either party (including but bot limited to the party, the party’s shareholders, directors,
supervisors, and executives, and the party’s related parties) may not cooperate with a third party on the same or similar matters.
If a cooperation or cooperation negotiation under the Agreement with any third party has been carried out before signing the Agreement,
the corresponding matters shall be disclosed to the other party and the cooperation with the third party shall be terminated immediately.

 

The
parties agree that the Agreement is a framework of instructing the parties to cooperate, and when working on specific projects, the parties
or their related parties shall sign a specific Cooperation Agreement while adhering to the spirit and principle of the Agreement.
In case of any inconsistency between the Agreement and the specific Cooperation Agreement, the specific Cooperation Agreement
shall prevail.

 

    	-4-

     

    

 

4.
Work Mechanism

 

The
parties shall negotiate to jointly set up a work contact group which is composed of designated personnel by the parties to the Agreement
to implement matters under the Agreement.

 

The
parties shall also negotiate on jointly setting up a meeting coordination mechanism. Through regular or irregular meetings, the parties
to the Agreement may coordinate on the resolution of matters during implementation.

 

5.
Confidentiality

 

The
parties to the Agreement pledges to keep confidential the other’s commercial secrets and operation information obtained during
the performance of the Agreement. Neither party may disclose part or all of the Agreement to unrelated personnel or a third party, or
allow others to disclose part or all of the Agreement. The confidentiality clauses shall remain effective within the term of the Agreement
and within 2 years after the Agreement terminates.

 

6.
Representations and Warranties

 

One
party hereby represents and warrants to the other parties as follows:

 

(1)
All necessary authorizations, permits or approvals have been obtained (including but not limited to the resolutions passed by respective
board of directors or shareholders’ meetings, if involved) to sign and perform this Agreement.

 

(2)
The signing and performance of this Agreement shall not violate any laws, regulations, articles of association, and contract agreement
binding on it.

 

(3)
The signing of this Agreement constitutes a legal, valid, and binding obligation to the party.

 

    	-5-

     

    

 

7.
Notices

 

Notices
made under this Agreement or related to this Agreement (the “Notice”) shall be made in writing and written in Chinese, which
can be submitted by a special person, or by registered letter (postage prepayment), or by email, or by recognized express service, or
fax to the following addresses of parties that shall receive the notice:

 

If
to Wei LI:

 

Address:
[118 Pistacia Lane, Pomona CA 91767 USA]

 

Email
address: [wade7430@163.com]

 

Addressee:
[Wei LI]

 

If
to Party B:

 

	 	Address:  	[21st Floor, TI
Office Building, Shenzhen Bay, Intersection of Dongbin Road and Keyuan South Road, Nanshan District, Shenzhen]

 

Email
address: [wangziqi352442220@126.com]

 

Addressee:
[Ziqi WANG]

 

8.
Applicable Laws

 

The
validity, interpretation and execution of the Agreement shall be governed by the laws and regulations that have been promulgated and
in force in China.

 

9.
Dispute Resolution

 

Either
party shall make every reasonable effort to settle any dispute arising from or in connection with this Agreement through negotiation
(including any dispute related to the existence, effectiveness or termination of this Agreement or the consequences of its invalidity).

 

If
the dispute cannot be settled by negotiation, then the parties agree to submit the dispute to the China International Economic and Trade
Arbitration Committee for arbitration in Beijing.

 

10.
Liability for Breach of Contract

 

(1)
Either party shall bear the costs and expenses incurred in the performance of this Agreement.

 

(2)
Any party shall make economic compensation for all expenses incurred by the non-defaulting party in the process of cooperation and rights
protection due to the violation of this Agreement, including but not limited to legal fees, preservation fees, attorney fees, and travel
expenses.

 

    	-6-

     

    

 

(3)
Any party shall make economic compensation for the potential profits recognized by the parties in the project that the non-defaulting
party will obtain due to the violation of this Agreement.

 

(4)
The parties shall share the losses incurred not due to the fault of either party in accordance with the principle of fairness.

 

(5)
If losses are caused due to the fault of a third party, the parties shall assist each other in claiming compensation from the third party
at fault.

 

11.
Other Terms

 

(1)
The Agreement is made in quadruplicate, with each party holding one copy. After being signed and delivered, either copy shall become
an original and constitute the same agreement together.

 

(2)
The Agreement shall enter into force after being signed by the parties. Any amendment to this Agreement shall be invalid unless made
in writing and signed by the parties or their representatives. [Remainder of this page is intentionally left blank.]

 

    	-7-

     

    

 

(There
is no text on this page, which is the signature page of the Cooperation Agreement among FENG LI, YVONNE WANG, WEI LI, and Xiao
man International Holdings Co., Ltd.)

 
	FENG LI (signature)	 
	 	 
	 	 

 

    	-8-

     

    

 

(There
is no text on this page, which is the signature page of the Cooperation Agreement among FENG LI, YVONNE WANG, WEI LI, and Xiao
man International Holdings Co., Ltd.)

 
	YVONNE WANG (signature)	 
	 	 
	 	 

 

 

    	-9-

     

    

 

(There
is no text on this page, which is the signature page of the Cooperation Agreement among FENG LI, YVONNE WANG, WEI LI, and Xiao
man International Holdings Co., Ltd.)

 
	WEI LI (signature)	 
	 	 
	 	 

 

    	-10-

     

    

 

(There
is no text on this page, which is the signature page of the Cooperation Agreement among FENG LI, YVONNE WANG, WEI LI, and Xiao
man International Holdings Co., Ltd.)

 
Xiao
                                            man International Holdings Co., Ltd. (signature)

 

	 	 
	Authorized representative	 

 

In
case of any objection, the Agreement’s Chinese version shall prevail.

 

    	-11-

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