Document:

Exhibit 10.10

 

EMPLOYMENT
AGREEMENT

THIS
EMPLOYMENT AGREEMENT (this “Agreement”), dated as of ___________________, is by and between BLUE HAT
INTERACTIVE ENTERTAINMENT TECHNOLOGY, a company incorporated under the laws of the Cayman Islands (the “Company”),
and ___________________, an individual (the “Executive”).

RECITALS

WHEREAS,
the Company desires to employ the Executive and to assure itself of the services of the Executive during the term of Employment
(as defined below) and under the terms and conditions of this Agreement; and

WHEREAS,
the Executive desires to be employed by the Company during the term of Employment and under the terms and conditions of this Agreement.

AGREEMENT

NOW,
THEREFORE, in consideration of the premises and the mutual covenants and agreements herein contained, the Company and the
Executive agree as follows:

1.
Employment. The Company hereby
agrees to employ the Executive and the Executive hereby accepts such employment, on the terms and conditions hereinafter set forth
(the “Employment”).

2.
Term. Subject to the terms and
conditions of this Agreement, the initial term of the Employment shall be __ years, commencing on ___________________ (the “Effective
Date”) and ending on ___________________ (the “Initial Term”), unless terminated earlier pursuant
to the terms of this Agreement. Upon expiration of the Initial Term, the Employment shall be automatically extended for successive
periods of ____ months each (each, an “Extension Period”) unless either party provides 60-day prior written
notice to the other party, in the manner set forth in Section 18 below, prior to the end of the Extension Period in question,
that the term of this Agreement that is in effect at the time such written notice is given is not to be extended or further extended,
as the case may be (the period during which this Agreement is effective is hereafter referred to as the “Term”).

3.
Position And Duties.

(a)
During the Term, the Executive shall serve as
___________________ of the Company or in such other position or positions with a level of duties and responsibilities consistent
with the foregoing with the Company and/or its subsidiaries and affiliated entities as the board of directors of the Company (the
“Board”) may specify from time to time and shall have the duties, responsibilities and obligations customarily
assigned to individuals serving in the position or positions in which the Executive serves hereunder and as assigned by the Board.

(b)
The Executive agrees to serve without additional
compensation if elected or appointed thereto as a director of the Company or any subsidiaries or affiliated entities of the Company
(collectively, the “Group”) and as a member of any committees of the board of directors of any such entity,
provided that the Executive is indemnified for serving in any and all such capacities on a basis no less favorable than is provided
to any other director of any member of the Group.

(c)
The Executive agrees to devote all of his/her
working time and efforts to the performance of his/her duties for the Company and to faithfully and diligently serve the Company
in accordance with this Agreement and the guidelines, policies and procedures of the Company approved from time to time by the
Board.

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4.
No Breach of Contract. The Executive
hereby represents to the Company that: (a) the execution and delivery of this Agreement by the Executive and the performance by
the Executive of the Executive’s duties hereunder shall not constitute a breach of, or otherwise contravene, the terms of
any other agreement or policy to which the Executive is a party or by which the Executive is otherwise bound, except that the
Executive does not make any representation with respect to agreements required to be entered into by and between the Executive
and any member of the Group pursuant to the applicable law of the jurisdiction in which the Executive is based, if any; (b) that
the Executive is not in possession of any information (including, without limitation, confidential information and trade secrets),
the knowledge of which would prevent the Executive from freely entering into this Agreement and carrying out his/her duties hereunder;
and (c) that the Executive is not bound by any confidentiality, trade secret or similar agreement with any person or entity other
than any member of the Group.

5.
Compensation.

(a)
Compensation. As compensation for the performance
by the Executive of his/her obligations hereunder, during the Term, the Company shall pay the Executive cash compensation (inclusive
of any statutory benefit contributions that the Company may be required to set aside for the Executive under applicable law) pursuant
to Schedule I hereto, subject to review and adjustment by the Board or any committee designated by the Board.

6.
Termination of the Agreement. The
Employment may be terminated as follows:

(a)
Death. The Employment shall terminate
upon the Executive’s death.

(b)
Disability. The Employment shall terminate
if the Executive has a disability, including any physical or mental impairment which, as reasonably determined by the Board, renders
the Executive unable to perform the essential functions of his/her position at the Company, even with reasonable accommodation
that does not impose an undue burden on the Company, for more than 90 days in any 12-month period, unless a longer period is required
by applicable law, in which case that longer period shall apply.

(c)
Cause. The Company may terminate the Employment
hereunder for Cause. The occurrence of any of the following, as reasonably determined by the Company, shall be a reason for “Cause,”
provided that, if the Company determines that the circumstances constituting Cause are curable, then such circumstances shall
not constitute Cause unless and until the Executive has been informed by the Company of the existence of Cause and given an opportunity
of ten business days to cure, and such Cause remains uncured at the end of such ten-day period:

(i)
continued failure by the Executive to satisfactorily
perform his/her duties;

(ii)
willful misconduct or gross negligence by the
Executive in the performance of his/her duties hereunder, including insubordination;

(iii)
the Executive’s conviction or entry of
a guilty or nolo contendere plea of any felony or any misdemeanor involving moral turpitude;

(iv)
the Executive’s commission of any act involving
dishonesty that results in financial, reputational or other harm, monetary or otherwise, to any member of the Group, including
but not limited to an act constituting misappropriation or embezzlement of the property of any member of the Group as determined
in good faith by the Board; or

(v)
any material breach by the Executive of this
Agreement.

(d)
Without Cause by the Company. The Company
may terminate the Employment hereunder at any time without Cause upon 60-day prior written notice to the Executive. The Executive
may terminate

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the
Employment voluntarily for any reason or no reason at any time by giving 60-day prior written notice to the Company.

(e)
Notice of Termination. Any termination
of the Employment under this Agreement shall be communicated by written notice of termination (“Notice of Termination”)
from the terminating party to the other party. The notice of termination shall indicate the specific provision(s) of this Agreement
relied upon in effecting the termination.

(f)
Date of Termination. The “Date of
Termination” shall mean (i) the date specified in the Notice of Termination, or (ii) if the Employment is terminated by
the Executive’s death, the date of his/her death.

(g)
Compensation upon Termination.

(i)
Death. If the Employment is terminated
by reason of the Executive’s death, the Company shall have no further obligations to the Executive under this Agreement.

(ii)
By Company without Cause. If the Employment
is terminated by the Company other than for Cause, the Company shall (1) continue to pay and otherwise provide to the Executive,
during any notice period, all compensation, base salary and previously earned but unpaid incentive compensation, if any.

(iii)
By Company for Cause.. If the Employment
shall be terminated by the Company for Cause, the Company shall pay the Executive his/her base salary at the rate in effect at
the time Notice of Termination is given through the Date of Termination, and the Company shall have no additional obligations
to the Executive under this Agreement.

(h)
Return of Company Property. The Executive
agrees that following the termination of the Employment for any reason, or at any time prior to the Executive’s termination
upon the request of the Company, he/she shall return all property of the Group that is then in or thereafter comes into his/her
possession, including, but not limited to, any Confidential Information (as defined below) or Intellectual Property (as defined
below), or any other documents, contracts, agreements, plans, photographs, projections, books, notes, records, electronically
stored data and all copies, excerpts or summaries of the foregoing, as well as any automobile or other materials or equipment
supplied by the Group to the Executive, if any.

7.
Confidentiality and Nondisclosure.

(a)
Confidentiality and Non-Disclosure.

(i)
The Executive acknowledges and agrees that: (A)
the Executive holds a position of trust and confidence with the Company and that his/her employment by the Company will require
that the Executive have access to and knowledge of valuable and sensitive information, material, and devices relating to the Company
and/or its business, activities, products, services, customers and vendors, including, but not limited to, the following, regardless
of the form in which the same is accessed, maintained or stored: the identity of the Company’s actual and prospective customers
and, as applicable, their representatives; prior, current or future research or development activities of the Company; the products
and services provided or offered by the Company to customers or potential customers and the manner in which such services are
performed or to be performed; the product and/or service needs of actual or prospective customers; pricing and cost information;
information concerning the development, engineering, design, specifications, acquisition or disposition of products and/or services
of the Company; user base personal data, programs, software and source codes, licensing information, personnel information, advertising
client information, vendor information, marketing plans and techniques, forecasts, and other trade secrets (“Confidential
Information”); and (B) the direct and indirect disclosure of any such

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Confidential
Information would place the Company at a competitive disadvantage and would do damage, monetary or otherwise, to the Company’s
business.

(ii)
During the Term and at all times thereafter,
the Executive shall not, directly or indirectly, whether individually, as a director, stockholder, owner, partner, employee, consultant,
principal or agent of any business, or in any other capacity, publish or make known, disclose, furnish, reproduce, make available,
or utilize any of the Confidential Information without the prior express written approval of the Company, other than in the proper
performance of the duties contemplated herein, unless and until such Confidential Information is or shall become general public
knowledge through no fault of the Executive.

(iii)
In the event that the Executive is required by
law to disclose any Confidential Information, the Executive agrees to give the Company prompt advance written notice thereof and
to provide the Company with reasonable assistance in obtaining an order to protect the Confidential Information from public disclosure.

(iv)
The failure to mark any Confidential Information
as confidential shall not affect its status as Confidential Information under this Agreement.

(b)
Third Party Information in the Executive’s
Possession. The Executive agrees that he/she shall not, during the Term, (i) improperly use or disclose any proprietary information
or trade secrets of any former employer or other person or entity with which the Executive has an agreement or duty to keep in
confidence information acquired by Executive, if any, or (ii) bring into the premises of Company any document or confidential
or proprietary information belonging to such former employer, person or entity unless consented to in writing by such former employer,
person or entity. The Executive will indemnify the Company and hold it harmless from and against all claims, liabilities, damages
and expenses, including reasonable attorneys’ fees and costs of litigation, arising out of or in connection with any violation
of the foregoing.

(c)
Third Party Information in the Company’s
Possession. The Executive recognizes that the Company may have received, and in the future may receive, from third parties
their confidential or proprietary information subject to a duty on the Company’s part to maintain the confidentiality of
such information and to use it only for certain limited purposes. The Executive agrees that the Executive owes the Company and
such third parties, during the Term and thereafter, a duty to hold all such confidential or proprietary information in strict
confidence and not to disclose such information to any person or firm, or otherwise use such information, in a manner inconsistent
with the limited purposes permitted by the Company’s agreement with such third party.

This
Section 7 shall survive the termination of this Agreement for any reason. In the event the Executive breaches this Section
7, the Company shall have right to seek remedies permissible under applicable law.

8.
Intellectual Property.

(a)
Prior Inventions. The Executive has attached
hereto, as Schedule II, a list describing all inventions, ideas, improvements, designs and discoveries, whether or not
patentable and whether or not reduced to practice, original works of authorship and trade secrets made or conceived by or belonging
to the Executive (whether made solely by the Executive or jointly with others) that (i) were developed by Executive prior to the
Employment by the Company (collectively, “Prior Inventions”), (ii) relate to the Company’ actual or proposed
business, products or research and development, and (iii) are not assigned to the Company hereunder; or, if no such list is attached,
the Executive represents that there are no such Prior Inventions. Except to the extent set forth in Schedule II, the Executive
hereby acknowledges that, if in the course of his/her service for the Company, the Executive incorporates into a Company product,
process or machine a Prior Invention owned by the Executive or in which he/she has an interest, the Company is hereby granted
and shall have a nonexclusive, royalty-free, irrevocable, perpetual, worldwide right and

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license
(which may be freely transferred by the Company to any other person or entity) to make, have made, modify, use, sell, sublicense
and otherwise distribute such Prior Invention as part of or in connection with such product, process or machine.

(b)
Assignment of Intellectual Property. The
Executive hereby assigns to the Company or its designees, without further consideration and free and clear of any lien or encumbrance,
the Executive’s entire right, title and interest (within the United States and all foreign jurisdictions) to any and all
inventions, discoveries, improvements, developments, works of authorship, concepts, ideas, plans, specifications, software, formulas,
databases, designees, processes and contributions to Confidential Information created, conceived, developed or reduced to practice
by the Executive (alone or with others) during the Term which (i) are related to the Company’s current or anticipated business,
activities, products, or services, (ii) result from any work performed by Executive for the Company, or (iii) are created, conceived,
developed or reduced to practice with the use of Company property, including any and all Intellectual Property Rights (as defined
below) therein (“Work Product”). Any Work Product which falls within the definition of “work made for
hire”, as such term is defined in the U.S. Copyright Act, shall be considered a “work made for hire”, the copyright
in which vests initially and exclusively in the Company. The Executive waives any rights to be attributed as the author of any
Work Product and any “droit morale” (moral rights) in Work Product. The Executive agrees to immediately disclose to
the Company all Work Product. For purposes of this Agreement, “Intellectual Property” shall mean any patent, copyright,
trademark or service mark, trade secret, or any other proprietary rights protection legally available.

(c)
Patent and Copyright Registration. The
Executive agrees to execute and deliver any instruments or documents and to do all other things reasonably requested by the Company
in order to more fully vest the Company with all ownership rights in the Work Product. If any Work Product is deemed by the Company
to be patentable or otherwise registrable, the Executive shall assist the Company (at the Company’s expense) in obtaining
letters of patent or other applicable registration therein and shall execute all documents and do all things, including testifying
(at the Company’s expense) as necessary or appropriate to apply for, prosecute, obtain, or enforce any Intellectual Property
right relating to any Work Product. Should the Company be unable to secure the Executive’s signature on any document deemed
necessary to accomplish the foregoing, whether due to the Executive’s disability or other reason, the Executive hereby irrevocably
designates and appoints the Company and each of its duly authorized officers and agents as the Executive’s agent and attorney-in-fact
to act for and on the Executive’s behalf and stead to take any of the actions required of Executive under the previous sentence,
with the same effect as if executed and delivered by the Executive, such appointment being coupled with an interest.

This
Section 8 shall survive the termination of this Agreement for any reason. In the event the Executive breaches this Section
8, the Company shall have right to seek remedies permissible under applicable law.

9.
Conflicting Employment. The Executive
hereby agrees that, during the Term, he/she will not engage in any other employment, occupation, consulting or other business
activity related to the business in which the Company is now involved or becomes involved during the Term, nor will the Executive
engage in any other activities that conflict with his/her obligations to the Company without the prior written consent of the
Company.

10.
Non-Competition and Non-Solicitation.

(a)
 (i)During the Term and for a period of one
year following the termination of the Employment for whatever reason, the Executive will not directly or indirectly:

(1)engage
or assist others in engaging in any business or enterprise (whether as owner, partner, officer, director, employee, consultant,
investor, lender or otherwise, except as the holder of not more than one percent of the outstanding stock of a publicly held company)
that is competitive with the Company’s business, including any business or

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enterprise
that develops, manufactures, markets, licenses, sells or provides any product or service that competes with any product or service
developed, manufactured, marketed, licensed, sold or provided, or planned to be developed, manufactured, marketed, licensed, sold
or provided, by the Company while the Executive is employed;

(2)either
alone or in association with others, solicit, divert or take away, or attempt to divert or take away, the business or patronage
of any of the clients, customers, or business partners of the Company that were contacted, solicited, or served by the Executive
directly or the Company during the 12-month period prior to the termination of the Employment for whatever reason; or

(3)either
alone or in association with others (A) solicit, induce or attempt to induce, any employee or independent contractor of the Company
to terminate his or her employment or other engagement with the Company, or (B) hire, recruit or attempt to hire, or engage or
attempt to engage as an independent contractor, any person who was employed or otherwise engaged by the Company at any time during
the term of this Agreement; provided that this clause (B) shall not apply to the recruitment or hiring or other engagement of
any individual whose employment or other engagement with the Company has been terminated for a period of six months or longer.

Notwithstanding
the foregoing, this Section 10 shall not preclude the Executive from becoming an employee of, or from otherwise providing
services to, a separate division or operating unit of a multi-divisional business or enterprise (a “Division”)
if: (i) the Division by which the Executive is employed, or to which the Executive provides services, is not competitive with
the Company’s business (within the meaning of Section 10); (ii) the Executive does not provide services, directly or indirectly,
to any other division or operating unit of such multi-divisional business or enterprise that is competitive with the Company’s
business (within the meaning of Section 10) (collectively, the “Competitive Divisions”); and (iii) such
Competitive Division or Divisions, in the aggregate, accounted for less than one-third of the multi-divisional business or enterprises’
consolidated revenues for the fiscal year, and each subsequent quarterly period, prior to the Executive’s commencement of
employment with the Division.

(ii)If
the Executive violates the provisions of any of the preceding paragraphs of this Section 10, the Executive shall continue
to be bound by the restrictions set forth in such paragraph until a period of one year has expired without any violation of such
provisions.

(b)
Injunctive Relief; Indemnity of Company. The Executive acknowledges and agrees that any breach or threatened breach of
this Section 10 would result in irreparable injury and damage to the Company for which an award of money to the Company
would not be an adequate remedy. The Executive therefore also agrees that in the event of said breach or any reasonable threat
of breach, the Company shall be entitled to seek an immediate injunction and restraining order to prevent such breach and/or threatened
breach and/or continued breach by the Executive and/or any and all persons and/or entities acting for and/or with the Executive.
The terms of this paragraph shall not prevent the Company from pursuing any other available remedies for any breach or threatened
breach hereof, including, but not limited to, remedies available under this Agreement and the recovery of damages. The Executive
and the Company further agree that the provisions of this Section 10 are reasonable. The Executive agrees to indemnify
and hold harmless the Company from and against all reasonable expenses (including reasonable fees and disbursements of counsel)
which may be incurred by the Company in connection with, or arising out of, any violation of this Agreement by the Executive.
This Section 10 shall survive the termination of this Agreement for any reason.

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11.
Withholding Taxes. Notwithstanding
anything else herein to the contrary, the Company may withhold (or cause there to be withheld, as the case may be) from any amounts
otherwise due or payable under or pursuant to this Agreement such national, state, provincial, local or any other income, employment,
or other taxes as may be required to be withheld pursuant to any applicable law or regulation.

12.
Assignment. This Agreement is personal
in its nature and neither of the parties hereto shall, without the consent of the other, assign or transfer this Agreement or
any rights or obligations hereunder; provided, however, that the Company may assign or transfer this Agreement or any rights or
obligations hereunder to any member of the Group without such consent. If the Executive should die while any amounts would still
be payable to the Executive hereunder if the Executive had continued to live, all such amounts unless otherwise provided herein,
shall be paid in accordance with the terms of this Agreement to the Executive’s devisee, legatee, or other designee or,
if there be no such designee, to the Executive’s estate. The Company will require any and all successors (whether direct
or indirect, by purchase, merger, consolidation or otherwise) to all or substantially all of the business and/or assets of the
Company to expressly assume and agree to perform this Agreement in the same manner and to the same extent that the Company would
be required to perform it if no such succession had taken place. Failure of the Company to obtain such assumption and agreement
prior to the effectiveness of any such succession shall be a breach of this Agreement and shall entitle the Executive to compensation
from the Company in the same amount and on the same terms as the Executive would be entitled to hereunder if the Company had terminated
the Employment other than for Cause, except that for purposes of implementing the foregoing, the date on which any such succession
becomes effective shall be deemed the Date of Termination. As used in this Section, “Company” shall mean the
Company as herein before defined and any successor to its business and/or assets as aforesaid which executes and delivers the
agreement provided for in this Section 12 or which otherwise becomes bound by all the terms and provisions of this Agreement
by operation of law.

13.
Severability. If any provision
of this Agreement or the application thereof is held invalid, the invalidity shall not affect other provisions or applications
of this Agreement which can be given effect without the invalid provisions or applications and to this end the provisions of this
Agreement are declared to be severable.

14.
Entire Agreement. This Agreement
constitutes the entire agreement and understanding between the Executive and the Company regarding the terms of the Employment
and supersedes all prior or contemporaneous oral or written agreements concerning such subject matter. The Executive acknowledges
that he/she has not entered into this Agreement in reliance upon any representation, warranty or undertaking which is not set
forth in this Agreement.

15.
Governing Law. This Agreement shall
be governed by and construed in accordance with the law of the State of New York.

16.
Amendment. This Agreement may not
be amended, modified or changed (in whole or in part), except by a formal, definitive written agreement expressly referring to
this Agreement, which agreement is executed by both of the parties hereto.

17.
Waiver. Neither the failure nor
any delay on the part of a party to exercise any right, remedy, power or privilege under this Agreement shall operate as a waiver
thereof, nor shall any single or partial exercise of any right, remedy, power or privilege preclude any other or further exercise
of the same or of any right, remedy, power or privilege, nor shall any waiver of any right, remedy, power or privilege with respect
to any occurrence be construed as a waiver of such right, remedy, power or privilege with respect to any other occurrence. No
waiver shall be effective unless it is in writing and is signed by the party asserted to have granted such waiver.

18.
Notices. All notices, requests,
demands and other communications required or permitted under this Agreement shall be in writing and shall be deemed to have been
duly given and made if (i) delivered by

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hand;
(ii) otherwise delivered against receipt therefor; (iii) mailed by postage prepaid, certified or registered mail; (iv) sent by
a recognized courier with next-day or second-day delivery to the last known address of the other party; or (v) sent by e-mail
with confirmation of receipt.

		a.	if
                                         to Executive, to the address set forth on the signature page hereto.

		b.	If
                                         to the Company:

	 	Blue
    Hat Interactive Entertainment Technology
	 	7th
        Floor, Building C, No. 1010 Anling Road

        Huli
        District, Xiamen, China

	 	86-592-228-0081

        E-mail:
        sean@bluehatgroup.net

	 	 
	with
    a copy to:	K&L
    Gates LLP
	 	Southeast
    Financial Center, Suite 3900
	 	200
    South Biscayne Blvd.
	 	Miami,
    FL 33131
	 	Telephone:  305-539-3300
	 	Facsimile:  305-358-7095
	 	Attention:  Clayton
    E. Parker, Esq.
	 	E-mail:  clayton.parker@klgates.com

Notice
of change of address shall be effective only when given in accordance with this Section. All notices complying with this Section
shall be deemed to have been received on the date of delivery or on the third business day after mailing.

19.
Counterparts. This Agreement may
be executed in any number of counterparts, each of which shall be deemed an original as against any party whose signature appears
thereon, and all of which together shall constitute one and the same instrument. This Agreement shall become binding when one
or more counterparts hereof, individually or taken together, shall bear the signatures of all of the parties reflected hereon
as the signatories. Photographic copies of such signed counterparts may be used in lieu of the originals for any purpose.

20.
No Interpretation against Drafter.
Each party recognizes that this Agreement is a legally binding contract and acknowledges that such party has had the opportunity
to consult with legal counsel of choice. In any construction of the terms of this Agreement, the same shall not be construed against
either party on the basis of that party being the drafter of such terms.

[Remainder
of Page Intentionally Left Blank]

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IN
WITNESS WHEREOF, the parties hereto have executed this Agreement as of the date first written above.

	 	 

        Blue
        Hat Interactive Entertainment Technology 

	 	 	 
	 	 	 
	 	By:	 
	 	Name:	 
	 	Title:	 
	 	 

         
	 
	 	EXECUTIVE
	 	 

         

	 	 
	 	Name:
	 	Address:

         

         

        E-mail:

 

Signature
Page to Employment Agreement

 

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SCHEDULE
I

 

Compensation

 

______________________

    	10 

    	 

    

SCHEDULE
II

 

Prior
Inventions

 

______________________Exhibit 10.11

 

Fujian
Blue Hat Interactive Entertainment Technology Ltd.

Purchase
Agreement

Agreement
Number: Xia No.(BH/C/PDE/061/2017) Zi Document

Purchaser:
Fujian Blue Hat Interactive Entertainment Technology Ltd.

Address:
Floor 7, Tower C, Fengrun Financial Holding Group Building, No.1010 Anling Road, Huli District, Xiamen

Telephone:
0592-2280081

Mailbox:
lcy@bluehatgroup.net

Principal:
Danqing GAO

 

Supplier:
Fujian Wei Ya Culture Communication Co., Ltd.

Address:
No.340 Yantian Road, Business Operation Center of Jimei, Xiamen

Telephone:
0592-6836555

Fax:
0592-6836555

Mailbox:
vr7v66@163.com

Principal:
Jianjun LIU 13799225888

 

	Signing
    Date:	July
    6, 2017	Signing
    Place:	Xiamen
	Product
    Code	Product
    Name	Specification
    and Wrapping	Quantity-PCS	Unit
    Price Tax Included (RMB)	Total
    Price Tax Included (RMB)
	B010406B01	AR
    Racer	80
    PCS mixed stowage/box	1000000	15.00	15,000,000.00
	 	 	 	 	 	 
	 	 	 	 	 	 
	 	 	 	 	 	 
	 	 	Total
    Quantity:	1000000	Total
    Amount (RMB)	15,000,000.00
	Amount
    in Total (RMB): Fifteen Million

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	1.Basic
        Requirement: 

        1)
        Agreement Number: Xia No.(BH/C/PDE/061/2017) Zi Document

        2)
        The Unit Price includes tax, packaging and 3C test cost. The color, size and material of products shall be subject to
        production sample confirmed and signed by the Purchaser.

        3)
        Delivery Time: shall be subject to actual transportation document.

        4)
        Delivery Method: shall be subject to the Purchaser’s shipping inform (S/I).

        5)
        Shipment Schedule and Transportation Mode: shall be subject to shipping inform (S/I).

        6)
        Product Requirement: shall be subject to sample confirmed.

        7)
        Shipping Mark: shall be subject to shipping inform (S/I).

        8)
        Pre-production Sample: the Supplier shall provide 3 sets of pre-production sample for each type, the Purchaser shall reply
        1 set confirmation with signature, and the Supplier will produce according to the reply sample.

        9)
        Pre-shipment Sample: before shipment, the Supplier shall freely provide 3 set of production sample for each type and production
        picture of front mark, side mark, sticker and products to the Purchaser for confirmation.

        10)
        Examination Requirement: the Supplier shall submit inspection application to the Purchaser at least 7 days in advance,
        and the Purchaser will require for spot inspection. The products shall be 100% packaged while inspecting, and the Supplier
        shall freely provide 2 sets of QC production sample and send to the Purchaser’s company for each inspection. The
        Purchaser shall have the right to sample and test production the sample.

        11)
        Payment Term: the Purchaser shall pay after 45 days of receiving original Agreement with the Supplier’s stamp, original
        copy of S/I, original copy of QC Qualified Report and valid value-added tax invoice.

    	2 

    	 

    

 

	2.Basic
        Requirement of Goods:

        1)
        All product material shall be environmental and harmless, conform with product quality and safety requirement stipulated
        by nation, local and trade, execute Product Quality Law of the People's Republic of China and Law of the People's
        Republic of China on the Protection of Rights and Interests of Consumers, use safe and qualified raw material to ensure
        safety, and the products shall conform with CCC Quality Standard and European Toy Quality Standard.

        2)
        Product style and quality shall be subject to the sample confirmed by Party A.

        3)
        No shipment is allowed without being inspected by inspection personnel appointed by Party A and issuance of QC report
        allowing for shipping. Party B shall inform for inspection at least 7 days in advance.

        4)
        QC inspection shall be conducted according to AQL Standard, including inspection on product function, appearance, packaging,
        transportation, etc. Party B shall be full responsible for all consequences caused by the failure of inspection.

        5)
        If there is any unconformity of quality between delivered product and the sample confirmed, including product variety,
        model, specification and color, Party A shall have the right to claim for free alter and change, or reject the goods.

    	3 

    	 

    

 

	3.Other
        Requirements:

        1)
        Intellectual Property: All the property rights and intellectual property rights over technical information, design draft,
        product mold and sample provided by the Purchaser to the Supplier for the purpose of production shall belong to the Purchaser,
        and the Supplier shall not copy, re-provide or release any of such content to other parties in any form. If there is no
        renew after the termination of this Agreement, the Supplier shall have no right to continue using. The Supplier promises
        that without the authorization of the Purchaser, the Supplier shall not sell the products of the Purchaser. If the Purchaser,
        during sales process, find any suspected product which could be produced by the Supplier, both parties shall actively
        verify and investigate. Once verified that Party B has engaged in such behavior, Party A shall have the right to punished
        Party B for RMB 500,000 (Five Hundred Thousand) as penalty and claim for compensation of all economic loss. Meanwhile,
        Party A shall have the right to terminate this Agreement unilaterally and pursue all responsibilities of Party B. Both
        parties promise that unless being agreed upon in writing by both parties or for the purpose of signing and performing
        this Agreement, neither party shall disclose or reveal the content of this Agreement to any third party outside this Agreement,
        except for the normal management activity of regulatory agency. The confidentiality obligation under this Agreement shall
        survive the termination of this Agreement until above information is known to the public.

        2)
        All products under this Agreement shall provide sample pursuant to schedule required by the Purchaser, and complete production
        and shipment as required. Meanwhile, as part of after-sales service, Party B shall freely provide part of its products
        to Party A as compensation for damage happening in the transportation process, the compensation standard shall not exceed
        2% of the purchased products’ total quantity.

        3)
        If there is damage or loss of products caused by the Supplier’s packaging below the standard, the Supplier shall
        be responsible for compensation.

        4)
        The Supplier will be punished for delayed delivery at the rate of 5% of total contract amount for each day of delay. If
        the delayed delivery exceed the original deadline 5 days, the Purchaser shall have the right to repeal this Agreement
        and claim against the Supplier for all loss. Any additional charges shall be borne by the Supplier, unless the delayed
        delivery is agreed upon by both parties.

        5)
        If the inspection result is disqualified or the Purchaser is unable to inspect at the informed time due to delayed delivery,
        the Supplier shall bear the re-inspect fee for USD 150 each time.

        6)
        This Agreement requires for value-added tax special invoice (17% tax rate) according to the requirement, every new Supplier
        shall provide following documents: 1) the hard copies with seal of duplicate copies of Business License, Tax Registration
        Certificate (National and Local) and Organization Code Certificate; 2) the opening bank, account number and account names
        of the Supplier.

        7)
        The originals of this Agreement shall be returned to the Purchaser in duplicate and the receiving address is as follows:
        Room 401, Floor 4, Industrial Design Center, Cross-Strait Longshan Culture Creative Industry Park, No.84 South Longshan
        Road, Siming District, Xiamen.

        8)
        Both parties shall perform this Agreement truly and fully. If one party requires to modify, suspend or terminate this
        Agreement for some reason, it shall be approved by the other party and sign another agreement. If this Agreement cannot
        be fulfilled due to default of one party, that party shall pay penalty to observant party at the rate of 30% of total
        contract amount and compensate the loss if caused.

        9)
        Any dispute arising out of this Agreement shall be settled through friendly consultation between both parties; in case
        no settlement can be reached after consolation, the dispute shall be submitted to the court where the Purchaser’s
        Xiamen representative office is located.

 

Signature
and Seal of Purchaser:

Signature
of Legal Representative:/s/ Fujian Blue Hat Interactive Entertainment Technology Ltd.

Date:

 

    	4 

    	 

    

Signature
and Seal of Supplier:

Signature
of Legal Representative: /s/ Fujian Wei Ya Culture Communication Co., Ltd.

Date:

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