Document:

Exhibit 10.6

 

Summary Translation of State-Owned Construction
Land Use Right Transfer Contract

 

(Contract # 3310222010A21045)

 

Transferor: Land Resources Bureau,
Sanmen County, Zhejiang Province

 

Transferee: Zhejiang Great Plastics
Technology Co., Ltd.

 

The transferee has the right to own, use,
benefit and legally depose the land use right during the transferred period; the transferee has the right to legally construct
buildings and structures and ancillary facilities.

 

The lot under this contract is Binhai Xincheng
E02-2905 lot, Sanmen County and its size is 30349.00 square meters to use as an industrial land.

 

The Transferor agreed to transfer the land
use right to the Transferee on August 21, 2010 for fifty years. The transfer price is RMB 8,000,000 with a down payment of RMB
1,200,000. Within 30 days upon signing the contract, the Transferee shall pay off the remaining RMB 6,800,000 before August 21,
2010.

 

Development, Construction and Use of
the Land

 

The lot shall be used for industrial projects
construction, the Transferee agrees that its total investment of fixed assets will not be less than RMB 32,776,920; the fixed assets
include buildings and structures and ancillary facilities, equipment investment and transfer price, and so on.

 

The space for office and employee dormitory
buildings on the lot shall not exceed 7% of the total lot.

 

The Transferee agrees to start construction
project before July 22, 2011 and fully completely it before July 22, 2013. If the Transferee cannot start the project on schedule,
it shall inform the Transferor 30 days in advance for an extension. The extended period cannot exceed one year period.

 

During the transfer period, the Transferee
shall use the land as agreed upon hereto. If there are any changes, the Transferee shall go through legal formalities and sign
a modified agreement or sign a new land use right transfer contract. Accordingly, the Transferee shall pay the difference in transfer
price related to such change in the land use. The government reserves the right to adjust the land planning.

 

The Transferor shall not withdraw the land
use right before the expiration of term designated by this contract. Under certain special circumstance, according to the public
interest of the society, if the Transferor needs to withdraw such land use right, it shall compensate the land user for the loss
of the value of the construct buildings and structures and ancillary facilities on the land, as well as the market price for the
remaining years.

 

Transfer, rent and pledge of the state-owned
construction land use right

 

The Transferee, after fully paying off
the transfer price and obtaining a “state-owned construction land use right certificate”, shall have the right to transfer,
rent and pledge part or whole lot with the following term:

 

- The Transferee has
invested more than 25% of the total required investment amount.

 

Expiration of the contract

 

The Transferee shall inform the Transferor
one year before the expiration of the signed transfer period if it intends to extend the use of the land. The Transferor shall
approve such request unless it has to take it back for the public interest; upon such withdrawal of the land use, the Transferor
will collect all construct buildings and structures and ancillary facilities on the land but will make the necessary compensation
to the Transferee.

 

    	1

    	 

    

 

The Transferee shall return the land use
right certificate on the expiration date if it does not intend to extend such use right.

 

Breach of contract

 

If the Transferee delays payment for over
60 days, the Transferor has the right to terminate the contract without returning the down payment and to request necessary compensation
for loss.

 

If the Transferee keeps the land idled
for more than one year but less than two years, it shall pay a fee for such idolization. If the Transferee fails to start any construction
for more than two years, the Transferor shall have the right to take back the land use right.

 

If the Transferee fails to start construction
on schedule, it shall pay 1% of the transfer payment as penalty for each day delayed.

 

Upon the full payment by the Transferee,
the Transferor shall timely transfer the land use right. For any delay on such transfer, the Transferor shall pay 1% of the transfer
price as penalty for each day delayed. If the Transferor fails to transfer for more than sixty days, the Transferee has the right
to terminate the contract and the Transferor shall return the down payment with a doubled amount and return any remaining transfer
fee.

 

The Agreement was signed on August 2nd
of 2010. Any disputes between the parties shall be brought up to local people court.

 

    	2Exhibit 10.10

INSTRUMENT
OF TRANSFER  

 

 

 

FULING GLOBAL INC.

富岭环球有限公司

 

 

 

	I/We,	ATHAND FORTUNE LIMITED
	of	P.O. Box 1239, Offshore Incorporations Centre, Victoria, Mahe, Republic of Seychelles
	in consideration of the sum of	USD87.50
	paid to me/us by (name)	
        XINRONG INVESTMENT DEVELOPMENT LIMITED

        信榮投資發展有限公司

	(occupation)	Corporation
	of (address)	 
	 	 	 	 	 

(hereinafter "the said Transferee")

	do hereby transfer to the said Transferee the	*87,500* Ordinary	share(s)
	numbered	-11,491,668- to -11,579,167-
	 	 	 	 

standing in my/our name in the register of:-

 

FULING GLOBAL INC.

富岭环球有限公司

 

to hold unto the said Transferee his Executors,
Administrators or Assigns, subject to the several conditions upon which I/we hold the same at the time of execution hereof. And
I/we, the said Transferee do hereby agree to take the said share(s) subject to the same conditions.

 

 

Witness our hands the 24th March, 2015

 

 

 

 

	Witness to the signature(s) of the Transferor -	
        )

        )

        )

        )

        )

        )
	
        For and on behalf of 

        ATHAND FORTUNE LIMITED

         

         

        ............../s/ Hai Wang.......................................................

        Authorised Signature(s)

	
        Witness's name and address:

         

         
	
        )

        )

        )
	ATHAND FORTUNE LIMITED

 

	Witness to the signature(s) of the Transferee -	
        )

        )

        )

        )

        )

        )
	
        For and on behalf of 

        XINRONG INVESTMENT DEVELOPMENT LIMITED

        信榮投資發展有限公司

         

        .............../s/ Zhirong Hu..................................................

        Authorised Signature(s)

	
        Witness's name and address:

         

         
	
        )

        )

        )
	
        XINRONG INVESTMENT DEVELOPMENT LIMITED

        信榮投資發展有限公司

 

 

Our
Ref. (EC)

Doc. No.823580004Exhibit 10.3

 

 

Employment Contract

 

Party A (Employer): Fuling Global
Inc.

 

Address: Southeast Industrial Zone,
Songmen Town, Wenling, Zhejiang, China, 317511

 

Party B (Employee): Yue (Sam) Yu

 

Home Address: 28 Anli Road, Chaoyang
Districut, Beijing, China

 

1. Contract period: 2015-01-01 till
a statutory termination condition occurs.

 

2. Job description and location:

 

- based on the work requirement
by Party A, Party B agrees to engage as Chief Financial Officer; with a mutual consent from both parties, the post/position can
be changed.

 

Party B shall complete
provided work load and reach the provided quality standard.

 

3. Work hours and vacation/time off

 

Party A requires Party
B to follow irregular work time system; Party A shall respect Party B’s wish, if the employment arrangement is based on piece
rate wage.

 

Party B enjoys all holidays
and vacation rights under China’s provisions during the contract period.

 

4. Employment protection, work condition
and protection against occupational hazards

 

Party A shall strictly
follow all law and regulations related to labor protection by the state and local government and shall provide Party B with necessary
work conditions and tools, safe production process, and standard operating instructions, work specifications and labor safety and
health system.

 

If Party B involves in
occupational hazards, Party A shall follow the state regulations to perform occupational health check pre-service and post-service;
and shall provide regular health checks during the contract period.

 

Party A is obligated to
provide education and training regarding professional ethics, business technology, labor safety and health and regulations and
rules.

 

Party B has the right
to refuse to follow any commands that break the regulations and rules; Party B has the right to report to the authorities regarding
any behavior of ignoring safety and health by Party A or its management team.

 

    	 

    	 

    

 

5. Compensation

 

Party B’s wage will
be the combination of basic fixed pay and performance-related pay; the basic fixed pay is US$180,000 per year. In addition,
Party B is entitled to a signing bonus of US$32,258

 

Party A shall pay Party
B before the tenth of each month without any unjustified delay.

 

6. Social insurance and benefits

 

Following the related
state and local social insurance law, Party A shall pay social insurance fee on behalf of Party B (unless the person is over age
or opt out for social insurance); as to the individual pay part for the social insurance, Party A shall deduct form Party B’s
pay.

 

Upon the termination of
the contract, Party A shall perform relevant social insurance procedure for Party B.

 

Any other benefits shall
be based on relevant policies and regulations by the state and local government.

 

7. Labor disciplines and regulations

 

If Party A develops any
regulations that are directly associated with employees’ vital interests, it shall make it public or inform Party B.

 

Party B shall strictly
follow regulations and rules by Party A and shall complete all tasks, improve his/her professional skills and execute all labor
disciplines and ethics.

 

If Party B violates any
regulations, Party A shall give an appropriate administrative sanctions or terminate the contract under worse scenario.

 

8. Change, revision and termination of
the contract

 

The contract can be terminated
with both parties’ consent.

 

The contract terms can
be changed with both parties’ consent; any changes will be given in written form.

 

Under the following circumstances,
Party A can terminate the contract: Party B’s performance is not qualified for the position during the trial period; Party
B committees a serious breach of the regulations; Party B causes major loss to Party A due to its breach of duty and jobbery; Party
B enters into another contract with other employers which badly affects Party A’s work task; Party B, being dishonest and
bullying, forces Party A to sign or change employment contract against its inclinations; Party B is held criminal responsibility.

 

Under the following circumstances,
Party A can terminate the contract with a written notice to Party B 30 days in advance: Party B is not able to perform the previous
task or newly assigned/switched task due to medical circumstance; Party B is not qualified for the position even after a period
time of training or switching to a different post; both parties cannot reach an agreement on any changes to the contract.

 

    	 

    	 

    

 

If Party A needs to terminate
the contract due to lay off necessity, it shall follow article 41 under “Labor Law”.

 

Under the following circumstances,
Party A cannot terminate the contract: Party B has not receive post-service occupational health check or Party B is under medical
observation period due to occupational hazards; Party B is diagnosed with occupational disease or injured at work; Party B is on
maternity leave; Party B has worked for Party A continuously for fifteen years but his or hers statutory retirement age is less
than five years; Party B is a collective negotiation representative.

 

Under the following circumstances,
Party B can terminate the contract and Party A shall pay all appropriate compensation and social insurance fee: Party A fails to
provide labor protection and labor condition as indicated in the contract; Party A fails to fully compensate Party B in a timely
manner; Party A fails to pay Party B’s social insurance fee; Party A’s regulations damage workers’ rights; under
article 26 of “Labor Law”, the circumstance causes the contract to be invalid.

 

Party B shall inform Party
A in written form regarding any termination 30 days in advance; upon the expiration of the contract, the employment ceases; the
contract can be renewed with consent from both parties.

 

9. Financial compensation and damages

 

Except the circumstances
listed under the term eight in this contract, when Party A terminates the contract, it shall pay Party B financial compensation;
if Party A violates “Labor Law” and terminates the contract, it shall pay Party B financial compensation based on article
47 of “Labor Law”.

 

If Party B violates “Labor
Law” and causes loss to Party A, it shall bear liability.

 

Either party who violates
agreed confidentiality obligations and non-competition agreement and causes loss to other party, it shall bear liability.

 

Any disputes can be brought
up to local Arbitration Committee; any objections to the ruling can be brought up to local court.

 

Signed date of the contract: 2014-12-30

 

	Party A	 	Party B
	 	 	 
	Fuling Global Inc. 	 	Yue (Sam) Yu
	 	 	 
	Signature:  	/s/ Xinfu Hu	 	Signature: 	/s/ Yue (Sam) Yu
	 	 	 	 	 
	Hu Xinfu	 	 
	 	 	 
	Chief Executive Officer

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