Document:

Exhibit 10.1

 

Share Purchase Agreement

(the English Translation)

 

Transferor:
Law Anhou Insurance Agency Co., Ltd.

 

Transferees:

 

Xuzhou
Guosheng Furui Asset Management Co., Ltd.

 

Jiangsu
Zhongbozhixin Financial Service Outsourcing Co., Ltd.

 

Xuzhou
Xinrui Service Outsourcing Co., Ltd.

 

     

     

    

 

Index

 

	Section 1 Parties	1
	 	 
	Section 2 Definitions	2
	 	 
	Section 3 Transfer Target	2
	 	 
	Section 4 Transferor ‘s Representations and Warranties	3
	 	 
	Section 5 Transferees ‘ Representations and Warranties	3
	 	 
	Section 6 Transfer Target and Shares Transfer Price	4
	 	 
	Section 7 Payment of Shares Transfer Price	4
	 	 
	Section 8 Shares delivery	5
	 	 
	Section 9 Transfer of management of Party C	5
	 	 
	Section 10 Rights and Debts	6
	 	 
	Section 11 Employee affairs	6
	 	 
	Section 12 Maintenance of Insurance Intermediary License	6
	 	 
	Section 13 Other Rights and Obligations	7
	 	 
	Section 14 Taxes And Other Expenses	7
	 	 
	Section 15 Effective Conditions to this Agreement	7
	 	 
	Section 16 Liability	7
	 	 
	Section 17 Confidentility	8
	 	 
	Section 18 Force Majeure	9
	 	 
	Section 19 Termination	9
	 	 
	Section 20 Disputes	9
	 	 
	Section 21 Others	10
	 	 
	Signature Page	12
	 	 
	Attachments	13

 

     

     

    

 

WHEREAS:

 

According
to the Civil Code of the People's, the Company Law and other relevant laws and administrative regulations of the People's Republic of
China, the Parties, through friendly negotiation, agree that Law Anhou Insurance Agency Co., Ltd. will transfer the 100% shares
of Jiangsu Law Insurance Brokerage Co., Ltd. held by it (corresponding to the capital at RMB 10 million) to Xuzhou Guosheng Furui
Asset Management Co., Ltd., Jiangsu Zhongbozhixin Financial Service Outsourcing Co., Ltd. and Xuzhou Xinrui Service Outsourcing
Co., Ltd.

 

NOW,
THEREFORE, through friendly consultation and in consideration of the mutual promises and covenants contained herein, the Parties hereby
agree as follows:

 

		1.	Parties

 

Transferor:
Law Anhou Insurance Agency Co., Ltd. (“Party A”)

 

Unified
Social Credit Identifier: 

 

Address:
Room 2008-2010, Jiangdong Middle Road, Jianye District, Nanjing

 

Legal
representative: Hu Changrong

 

Transferees:

 

		1.	Xuzhou
                                            Guosheng Furui Asset Management Co., Ltd.

 

Unified
Social Credit Identifier:

 

Address:

 

Legal
representative:

 

     

     

    

 

		2.	Jiangsu
                                            Zhongbozhixin Financial Service Outsourcing Co., Ltd.

 

Unified
Social Credit Identifier:

 

Address:

 

Legal
representative:

 

		3.	Xuzhou
                                            Xinrui Service Outsourcing Co., Ltd.

 

Unified
Social Credit Identifier:

 

Address:

 

Legal
representative:

 

(collectively,
 “Party B”)

 

Target
Company:

 

Jiangsu
Law Insurance Brokerage Co., Ltd. (“Party C”)

 

Unified
Social Credit Identifier: 

 

Address:
No. 888, Jintong Road, Xingren Town, Tongzhou District, Nantong City

 

Legal
representative: Lu Chunyan

 

		2.	Definitions
                                            and Interpretations

 

Unless
otherwise provided in this Agreement and its attachments, the following terms in this Agreement shall have following meanings:

 

	Transfer
    Target / or Transfer of Shares	Transferor
    sells its holdings of 100% of Jiangsu Law's Shares (corresponding to the capital at RMB 10 million) under this Agreement to the Party
    B.

 

     

     

    

 

	Execution
    Date of This Agreement	The
    date of the executions by the Party A, B and C.
	Shares
    Transfer Price	The
    total amount made for the Transfer Target pursuant to the terms of this Agreement by the Party B.
	The
    Delivery Date of the Transfer Target	Means
    the date when the Transfer Target have been changed and registered to Party B in the Market Supervision and Administration Department,
    and the above changes have been recorded in the dispatched office of the China Banking and Insurance Regulatory Commission.
	New
    Company	Means
    the entity as the Party C legally exists after the completion of this transaction.
	Top
    Management	Means
    the current executive director, general manager, deputy general manager, financial person in charge of Party C, etc. (see Attachment
    1).
	Transition
    Period	The
    period from the Execution Date of this Agreement to the delivery date of the Transfer Target.
	Banking
    and Insurance Regulatory Commission	China
    Banking and Insurance Regulatory Commission.
	Jiangsu
    Banking and Insurance Regulatory Bureau	China
    Banking and Insurance Regulatory Commission Jiangsu Regulatory Bureau.
	Contingent
    Debt	Means
    the guarantees, off-book liabilities, unpaid taxes and fees that Party C has not recorded in the account books.
	Insurance
    Intermediary License	The
    "Insurance Intermediary License of the People's Republic of China" issued by the Jiangsu Banking and Insurance Regulatory
    Bureau on December 9, 2021 with the institutional code of 260616000000800.

 

     

     

    

 

3.
Transfer Target

 

Regarding
the Transfer Target, the Parties unanimously confirm that:

 

3.1
Party C is a limited liability company funded by Party A with the "Business License" with a Unified Social Credit Identifier
91320612779682243M. Its domicile address is No. 888, Jintong Road, Xingren Town, Tongzhou District, Nantong City. As of the date
of December 31, 2021, Party C's total assets is RMB 4619422.48, total liabilities is RMB 2332802.19, owner's equity is RMB 2286620.29,
and party C's accounts receivable and other creditor's rights is RMB 260491.76 (see Attachment 2); Party C has 20 employees (see Attachment
3).

 

3.2
The Transfer Target of this Agreement means the 100% shares of Party C held by Party A as of the Execution Date of This Agreement.

 

3.3
When transferring the Transfer Target, Party A shall divest Party C's assets, liabilities, personnel, etc., and Party C only needs
to retain the insurance intermediary license. If the corresponding assets are not suitable for divestiture, Party B shall pay Party A
the same amount of cash compensation. Those compensation shall be paid within five working days after Party A applies. The proportion
of cash compensation paid by the Transferees is based on the proportion of the transferred shares received by the Party B respectively.
Transferee 2 shall provide joint and several liability for the cash compensation payments made by Transferee 1 and 3 to Party A.

 

4.
Transferor‘s Representations and Warranties

 

4.1
Party A is a legal entity established and legally existing under Chinese laws, and has all rights and capabilities to execute and perform
all obligations under this Agreement. Once this Agreement is effective, it will be legally and effectively binding on Party A.

 

4.2
Party A is the true and lawful beneficial and record owner of the shares and by instrument to the Party B, all right, title and interest
of the transferor in and to the shares. Transferor also warrants that the shares issued without violations of any preemptive rights of
any persons and are free and clear of any and all claims, liens, pledges, options, prior assignments, or other rights of third parties.

 

     

     

    

 

4.3
Party A warrants that the execution and performance of this Agreement shall not violate any laws, regulations and any other contract
to which it is a party or is binding.

 

4.4
Party A will transfer the Transfer Target to Party B in accordance with this Agreement and perform its obligations in this Agreement.

 

4.5
During Party B's due diligence on Party C, Party A has provided all the information about the Transfer Target and Party C (including
but not limited to the list of attachments), oral or written response to Party B's inquiries and other means. The information disclosed
to Party B related to this Shares transfer is true and valid, and there is no false statements and major errors and omissions.

 

4.6
Party A does not have any material, not settled or potential arbitration, lawsuit, or administrative punishment that affects this Agreement.

 

4.7
Party A, as the current shareholder of Party C, has fulfilled all the capital contribution obligations.

 

5.
Transferees‘ Representations and Warranties

 

Transferee
1, Transferee 2 and Transferee 3 are collectively as the Party B to receive the 100% of the shares of Party C from the Party A. The Party
B make the declarations, warranties and commitments as follows:

 

5.1
Party B are legal entities established and legally existing under Chinese laws, and have all rights and capabilities to establish and
perform all obligations under this Agreement. Once this Agreement is effective, it will be legally and effectively binding on Party B.

 

5.2
Party B warrant that the execution and performance of this Agreement shall not violate any laws, regulations and any other contract to
which it is a party or is binding.

 

5.3
Party B shall comply with the qualifications as a shareholder of an insurance brokerage business company stipulated in Section II
of the Regulations on the Supervision of Insurance Brokers and Section III of the Implementation Measures for Administrative Licensing
and Filing of Insurance Intermediaries, and promise to appoint executive directors, senior managers and supervisors to Party C in accordance
with the above provisions after the signing of this Agreement.

 

     

     

    

 

5.4
Party B shall make the payments for the share transferring and perform the obligations in accordance with this Agreement.

 

5.5
All documents and materials provided by Party B to Party A are true and valid, and there is no false statements and major errors and
omissions.

 

6.
Transfer Target and Transfer Price

 

6.1
All parties to this Agreement unanimously agree that Party A shall transfer the Transfer Target to Party B. The specific internal transfer
ratio of Party B is 42% of the Transfer Target to Transferee 1, 45% to Transferee 2 and 13% to Transferee 3. Party B shall not use this
to against Party A's right to transfer the Transfer Target as a whole. If any of Party B fails to perform the obligations set forth in
this Agreement, such transferee shall take the responsibility in accordance with this Agreement. And the Transferee 2 shall voluntarily
bear joint and several liability for Transferee 1 and 3's breach of this Agreement.

 

6.2
Party A and Party B agree that the Transfer Price for the Transfer Target is RMB 21 million under the condition that Party C only retains
the insurance intermediary license after the divestiture of its assets, liabilities and personnel. The above-mentioned payment to the
Transfer Price shall be paid by Party B to Party A, and Party B's internal payment ratio shall be the same as the ratio of the Transfer
Target. In the event that any Transferees fails to pay Party A the transfer payment in accordance with Section 7 of this Agreement,
Party A may claim the Transferee 2 to be responsible for the joint and several liability.

 

6.3
Any and all other expense or cost incurred for this Transaction will be made by the Parties respectively according to the laws.

 

7.
Payment of Transfer Price

 

The
Parties agree that Party B shall pay for the Transfer Price in three installments according to the following methods:

 

7.1
The first payment is 70% of the Transfer Price, which is RMB 14.7 million. And RMB 100,000 already paid by the Transferee 2 to Party
A when the letter of intent for this acquisition was signed in the early stage shall be deducted from the Transferee 2’s payment.
Within 5 working days from this Agreement is effective, Party B shall pay the first installment of payments to Party A's designated account.

 

     

     

    

 

7.2
The second payment is 20% of the Transfer Price, which is RMB 4.2 million. Within five working days after the Transfer Target is registered
as Party B's name, Party B shall pay the second installment of payments to Party A's designated account.

 

7.3
The third payment is 10% of the Transfer Price, which is RMB 2.1 million. Within five working days after Party C completes the filing
with the Jiangsu Regulatory Bureau of the China Banking and Insurance Regulatory Commission regarding the changes of shareholders involved
in this Transfer Target, Party B shall pay the third installment of payments to Party A's designated account.

 

The
bank account designated by Party A as follows:

 

Account
Name: Law Anhou Insurance Agency Co., Ltd.

 

Bank:
Industrial and Commercial Bank of China Co., Ltd. Nanjing Chengbei Sub-branch

 

Account:
4301010919100516381

 

8.
Shares delivery

 

8.1
Within five working days after Party A receiving the first payment from Party B, Party A shall assist C to submit the registration materials
for the change of the Transfer Target to the registered supervision and management department. The changing of the legal representative
shall be carried out after Party B providing the list of senior managers (including executive directors) and practitioners who meet the
requirements of Chapter II, Section 2 of the Regulations on the Supervision of Insurance Brokers. For senior managers and employees
who meet the requirements of the post, the time for submitting the change registration materials will be postponed until Party B provides
the list of senior managers and employees who meet the requirements. If Party B is unable to provide the list of senior managers and
employees who meet the requirements within three months after receiving the reminder from Party A, it shall be deemed as a breach by
Party B.

 

     

     

    

 

8.2
Within five working days from the date when Party C obtains the consent of change of Transfer Target issued by the registered supervision
and management department and Party A receives the second payment from Party B, Party C shall, in accordance with the provisions of the
 "Regulations on the Supervision of Insurance Brokers", report through the regulatory information system stipulated by the China
Banking and Insurance Regulatory Commission, and publicly disclose relevant changes and complete the filing in accordance with regulations.
Party A and Party B shall provide necessary assistance to this.

 

9.
Transfer of management of Party C

 

On
the delivery date of the Transfer Target, Party A and Party B shall jointly set up a management handover team to hand over the management
of Party C. The scope of handover includes all official seals, financial seals, contract seals and other seals of Party C, insurance
intermediary license, business license, financial documents, etc. After the handover is completed, the handover team is automatically
disbanded.

 

10.
Rights and Debts

 

10.1
As of the effective date of this Agreement, the rights of the accounts receivable disclosed by Party C in Attachment 2 belong to Party
A, and Party C shall transfer the rights to Party A. If such rights are not easily transferable, the New Company shall pay the above-mentioned
amount to Party A after receiving the payments from the debtors, and Party A shall bear the corresponding taxes and fees.

 

10.2
As of the effective date of this Agreement, Party C's rights and corresponding obligations in the unfulfilled contracts (Attachment 4)
shall be undertaken by Party A. If above contracts needs to be performed by the New Company then, Party A shall assign personnel to cooperate
and complete it. The performance, performance costs and taxes incurred hereinafter shall also be deducted from Party A's rights and interests.
If Party A's rights and interests in New Company are insufficient to deduct, then Party A shall compensate New Company in full for the
insufficient amount.

 

10.3
As of the effective date of this Agreement, all debts and contingent debts of Party C (Attachment 5) shall be cleared and assumed by
Party A. If New Company takes the debts existed before the effective day of this Agreement, Party A shall compensate New Company according
to the corresponding amount within five working days after New Company takes the deb. In the event that New Company suffers any lost
due to the above-mentioned debts, Party A shall compensate the new company for such lost.

 

     

     

    

 

10.4
During the Transition Period, the rights, debts and contingent liabilities incurred by Party C shall be owned or undertaken by Party
A.

 

10.5
Party A shall realize the accounts receivable and the aforesaid rights and interests in an appropriate manner in compliance with accounting
standards and tax regulations.

 

10.6
After the delivery date of the Transfer Target, Party B shall be responsible for the obligations as the Party C's shareholders to make
the capital contribution, and Party A shall no longer have any obligation to Party C's capital contribution. If any third party requires
Party A to take the responsibility of capital contribution to Party C, Party B shall make full compensation to Party A. If Party A bears
lost due incurred hereinafter, Party B shall make full compensations to Party A.

 

11.
Employee affairs

 

On
the effective date of this Agreement, Party A and Party C shall be responsible for the disposal of employees of Party C as disclosed
in Attachment 3. The employees of Party C shall complete the disposal arrangements on the delivery date of the Transfer Target.

 

12.
Maintenance of Insurance Intermediary License

 

12.1
After the execution of this Agreement, if the China Banking and Insurance Regulatory Commission or Jiangsu Banking and Insurance Regulatory
Bureau requires Party C to increase its capital in accordance with the provisions of Section III of the Implementation Measures
for Administrative Licensing and Filing of Insurance Intermediaries that will be implemented from February 1, 2022, Party A shall
adopt the necessary procedures in accordance with Chinese laws to agree Party B to make capital contributions in cash. Party B promises
to make additional capital contribution of not less than RMB10 million in cash to increase Party C's registered capital so that Party
C's registered capital meets the requirements of the "Administrative Licensing and Filing Implementation Measures for Insurance
Intermediaries".

 

     

     

    

 

12.2
Party B shall comply with the provisions of Section 3 of the Implementation Measures for Administrative Licensing and Filing of
Insurance Intermediaries, to act as a shareholder of an insurance brokerage business company, and to designate senior managers who meet
the requirements of the Implementation Measures for Administrative Licensing and Filing of Insurance Intermediaries in the Party C.

 

13.
Other Rights and Obligations

 

13.1
Except otherwise set forth in this Agreement, Party A shall also undertake the following obligations:

 

13.1.1
Except as ruled in Section 12 of this Agreement, the insurance intermediary license of Party C shall be maintained till the delivery
date of the Transfer Target.

 

13.1.2
The Transfer Target shall be delivered to Party B on the delivery date of the Transfer Target.

 

13.1.3
Complying with the representations, warranties and commitments made in Section 4 of this Agreement.

 

13.2
Except otherwise set forth in this Agreement, Party B shall also undertake the following obligations:

 

13.2.1
Make payments according to the schedule agreed in this Agreement.

 

13.2.2
Maintain the qualifications as a shareholder of an insurance brokerage business company as ruled in Article 2 of the Regulations
on the Supervision of Insurance Brokers and Article 3 of the Implementation Measures for Administrative Licensing and Filing of
Insurance Intermediaries.

 

13.2.3
Accept the Transfer Target on the delivery date and maintain Party C's insurance intermediary license.

 

13.2.4
Comply with the representations, warranties and commitments made in Section 5 of this Agreement.

 

     

     

    

 

14.
Taxes and Other Expenses

 

The
Parties agree that each party shall bear the corresponding taxes and/or fees due to its performance of this Agreement in accordance with
relevant national regulations.

 

15.
Effective Conditions to this Agreement

 

This
Agreement will be effective after being executed by the Party A, B and C.

 

16.
Liability

 

		16.1	Transferee
                                            1, Transferee 2 and Transferee 3 as a whole as the Party B, if any Transferee breaches this
                                            Agreement, in addition to its own responsibility for breach, the Transferee 2 voluntarily
                                            bears joint and several liability for Transferee 1 and Transferee 3’s breach.

 

		16.2	After
                                            this Agreement is effective, Party A or Party B (specifically to Party B, refers to any of
                                            the Transferees) plans to terminate this Agreement without meeting the legal provisions or
                                            the conditions for unilateral termination of this Agreement agreed in this Agreement, it
                                            shall be responsible for the liquidated damages at RMB 10 million and the lost to the other
                                            party(ies).

 

		16.3	If
                                            Party B fails to make the payments set forth in this Agreement, for each overdue day, it
                                            shall pay 5/10,000 of the overdue portion of the total price as the penalty for overdue payment.
                                            In the event that Party B fails to make payments as agreed in this Agreement for more than
                                            20 working days, Party A may terminate this Agreement, and Party B shall be liable for breach
                                            in accordance with the termination of this Agreement without cause.

 

		16.4	If
                                            Party A fails to deliver the Transfer Target set forth in this Agreement, for each overdue
                                            day, it shall pay 5/10,000 of the payment paid by the Party B as the penalty. In the event
                                            that Party A fails to deliver the Transfer Target as agreed in this Agreement for more than
                                            20 working days, Party B may terminate this Agreement, and Party A shall be liable for breach
                                            in accordance with the termination of this Agreement without cause.

 

     

     

    

 

		16.5	Either
                                            Party A or Party B fails to maintain Party C's insurance intermediary license as agreed in
                                            this Agreement, and the other Party may terminate this agreement. In the meantime, if Party
                                            B breaches this Agreement, the payments that Party A has collected will not be refunded.
                                            If Party A breaches this Agreement, Party A shall return Party B two times of the payments
                                            that Party B has made.

 

		16.6	Any
                                            violations to this Agreement by any Party (specifically to Party B, refers to any Transferees)
                                            shall constitute a breach. The breaching Party shall be liable for full compensation to the
                                            other Party. If such breach makes the purpose of this Agreement impossible to achieve, the
                                            non-breaching Party may terminate this Agreement.

 

		16.7	If
                                            this Agreement cannot be performed due to reasons not attributable to Party A and Party B,
                                            both Parties shall not be liable for each other's breach. Within 5 working days after such
                                            reason happens, Party A shall return all the payments that Party B has paid, and Party B
                                            shall cooperate with Party C and Party A to register the Transfer Target back to Party A
                                            and Top Management personnel to the state before the effective date of this Agreement.

 

		16.8	If
                                            Party B is a shareholder of Party C in accordance with the Section 12.1 of this Agreement
                                            in order to maintain Party C's insurance intermediary license, Party B shall transfer the
                                            shares of Party C to Party A according to its capital contributions to Party B after the
                                            termination of this Agreement. At the same time, Party A shall pay Party B the capital contributions
                                            in Party C in full and in a timely manner and receive all the share of Party C held by Party
                                            B. If any Party breaches this Agreement, such party shall pay RMB 20 million to the other
                                            Party as the penalty.

 

     

     

    

 

17.
Confidentiality

 

17.1
For any technical, financial and commercial confidential information that one party (“Disclosing Party”) has provided or
will provide to the other party (“Receiving Party”) in the process of preparing, signing and performing this Agreement, the
other party shall keep it confidential and shall not disclose it to any third party without the prior written consent from the Disclosing
Party.

 

17.
2 Either party may disclose Confidential Information: (1) to the extent required by applicable law or any exchange rules; provided
that such party shall promptly notify the other party in writing of the fact as practicable and to the extent permitted by applicable
law. The Receiving Party shall, with the cooperation and reasonable efforts of the other parties, use all reasonable efforts to obtain
confidentiality or other appropriate relief; in such event, the Receiving Party shall only provide applicable law or any exchange rules require;
(2) The Receiving Party shall limit dissemination of the Confidential Information only to its employees, consultants, directors
and/or officers who need to know such Confidential Information to further the Purpose hereof provided that they are bound by a confidentiality
agreement with the Receiving Party no less restrictive than this Agreement; and (3) discloses to its lending bank, existing and
bona fide prospective investors, provided that such person be informed the confidential nature of such Confidential Information.

 

17.3
Without the prior written consent from Party B, Party A shall not make any press conferences, conferences, advertisements, announcements,
professional or trade publications, marketing materials or otherwise in relation to the transactions contemplated in this Agreement and
other transaction documents.

 

18.
Force Majeure

 

		18.1	Force
                                            Majeure means an event beyond the reasonable control, unforeseeable or unavoidable that prevents,
                                            affects or delays either party's performance of all or part of its obligations under this
                                            Agreement. The event includes, but is not limited to, earthquake, typhoon, flood, fire or
                                            other natural disaster, epidemic, war or any other similar event.

 

		18.2	Neither
                                            party will be responsible for any failure or delay in its performance under this Agreement
                                            due to Force Majeure, such defaulting party will be excused from performance for the period
                                            of the delay and for a reasonable time thereafter. The defaulting party shall notify the
                                            other Party, within 15 days of the occurrence of any Force Majeure in writing, such occurrence
                                            and delay performance notice and provide the materials of proof to the other Party. Then
                                            the Parties may negotiate whether to extend the performance of this Agreement or terminate
                                            this Agreement.

 

     

     

    

 

19.
Terminations

 

		19.1	If
                                            the termination situation set forth in Section 16 is reached, the relevant party may
                                            terminate this agreement and the other party's shall be liable for the breach.

 

		19.2	Subject
                                            to the consent of both Parties, this Agreement may be terminated in writing signed by both
                                            Parties.

 

20.
Disputes

 

		20.1	Any
                                            dispute arising out of or relating to this Agreement shall be settled amicably between the
                                            Parties, if possible; otherwise the court in the location of execution shall exclusively
                                            have jurisdiction over such dispute.

 

		20.2	Unless
                                            one party proposes to terminate this Agreement, during the litigation period, except for
                                            the disputed matters or obligations involved in the litigation, all Parties shall continue
                                            to perform other obligations in this Agreement.

 

21.
Others

 

		21.1	Notices
                                            given by either party to the other party in connection with this Agreement shall be in writing
                                            and shall be delivered by individuals, email or mail. If the notice is delivered directly
                                            by individuals, it will be served when it arrives at the following address of the other party;
                                            if it is sent by fax or telex, it will be deemed served after receiving confirmation from
                                            the other party; if it is served by mail, it will be served by the fifth business day after
                                            the date of mail sent. The mailing addresses of the Parties are as follows:

 

(1)   Law
Anhou Insurance Agency Co., Ltd.

 

Address:
Room 2008-2010, Jiangdong Middle Road, Jianye District, Nanjing

 

     

     

    

 

ZIP
code: 210019

 

TEL: 

 

Email:

 

(2) The
mailing address designated by Party B:

 

ZIP
code:

 

TEL:

 

Email:

 

(3) Jiangsu
Law Insurance Brokers Co., Ltd.

 

Address:
No. 888, Jintong Road, Xingren Town, Tongzhou District, Nantong City

 

ZIP
code: 226371

 

TEL: 

 

Email:

 

21.2
Neither Party may transfer or otherwise assign its rights, duties, and obligations under this Agreement without the prior written consent
of the other Party.

 

21.3
Any amendments to this Agreement shall be effective once the Parties sign a written document. Any amendments and additions are an integral
part of this Agreement.

 

21.4
The failure by either party to enforce any provision of this Agreement will not constitute a waiver of future enforcement of that or
any other provision. Ant exercise partial of such right or benefit shall not preclude the Parties to exercise such right or benefit in
the future.

 

21.5
If for any reason a court of competent jurisdiction, arbitration or administrative law enforcement agencies finds any provision of this
Agreement invalid or unenforceable, that other provisions of this Agreement will remain in full force and effect.

 

21.6
This Agreement constitutes the complete and exclusive understanding and agreement between the parties regarding its subject matter and
supersedes all prior or contemporaneous agreements or understandings, whether written or oral, relating to its subject matter.

 

     

     

    

 

21.7
There are four attachments to this Agreement. The attachments to this Agreement are an integral part of this Agreement and have the same
legal effect as this Agreement.

 

21.8
This Agreement will be exeucted in twelve copies; two for each Party, and others for registrations of ownership change and filings. Each
of the copies will be deemed an original, but all of which together will constitute one and the same instrument. If the agreement retained
in the above-mentioned registration and filing authority is inconsistent with this Agreement, the rights and obligations of the Parties
shall be subject to this Agreement.

 

Party
A:

 

Transferor:
Law Anhou Insurance Agency Co., Ltd.

 

Legal
representative: Hu Changrong

 

Party
B:

 

		1.	Xuzhou
                                            Guosheng Furui Asset Management Co., Ltd.

 

Legal
representative:

 

		2.	Jiangsu
                                            Zhongbozhixin Financial Service Outsourcing Co., Ltd.

 

Legal
representative:

 

		3.	Xuzhou
                                            Xinrui Service Outsourcing Co., Ltd.

 

Legal
representative:

 

     

     

    

 

Party
C:

 

Legal
representative: Lu Chunyan

 

Execution
Date of This Agreement: February 25, 2022

 

Place:
Jianye District, Nanjing City

 

     

     

    

 

Attachments:

 

		1.	The
                                            top management team of Party C

		2.	Details
                                            of Party C's Accounts Receivable and Other Claims

		3.	The
                                            employees list of Party C

		4.	List
                                            of Party C's Unfulfilled Contracts

		5.	Party
                                            C's debts and contingent debtsex_339166.htm

Exhibit 10.9.6

 

AMENDMENT FIVE

FIRST COMMUNITY BANCSHARES, INC. AND AFFILIATES 

AMENDED AND RESTATED

EXECUTIVE RETENTION PLAN

 

First Community Bancshares, Inc., and First Community Bankshares, Inc. pursuant to Article 15 of the First Community Bancshares, Inc. and Affiliates Executive Retention Plan as amended and restated effective January 1, 2005 (inclusive of all amendments, hereinafter referred to as the "Plan") hereby amends said Plan effective as of the 2nd day of October, 2018.

 

 

WITNESSETH

 

 

WHEREAS, the Board of Directors of First Community Bancshares, Inc. (the "Board") previously approved and adopted the Plan; and

 

 

WHEREAS, the Board has approved a plan of reincorporation and merger whereby First Community Bancshares, Inc. will be merged with and into a newly formed Virginia company, First Community Bankshares, Inc., for the sole purpose of moving the corporation's domicile from Nevada to Virginia; and

 

WHEREAS, the shareholders of First Community Bancshares, Inc. approved said plan of reincorporation and merger at the 2018 Annual Meeting of shareholders; and

 

WHEREAS, as a result of the merger, all assets and liabilities of First Community Bancshares, Inc. shall become the assets and liabilities of First Community Bankshares, Inc., including without limitation those associated with the Plan.

 

NOW, THEREFORE, as a result of the merger of First Community Bancshares, Inc. into First Community Bankshares, Inc., First Community Bankshares, Inc. hereby adopts the Plan which shall be amended so that all references to First Community Bancshares, Inc., shall be amended simultaneously with said merger to reference First Community Bankshares, Inc., a Virginia corporation, including without limitation references in the titling and the following specific reference:

 

	 	
			1.

				
			Section 1.21 shall be amended in its entirety to read as follows:

			

 

 

1.21 Employer or Company shall mean First Community Bankshares, Inc. (55- 0694814), a Virginia corporation, or any other organization which has adopted the Plan with the consent of such establishing employer; and any successor of such employer. The term Employer shall also apply to any subsidiary or affiliated corporations, who adopt the Plan and who, at the time such reference applies, are included in the list of Affiliated Employers set forth below. For the purpose of this Plan, First Community Bankshares, Inc. shall be deemed the representative of each Employer and any action taken by First Community Bankshares, Inc. shall be binding on all Employers.

 

	 	Affiliated Employers
	 	First Community Bank

 

 

 

 

An Employer may be removed from the above list as of the date on which it ceases to be subsidiary to, affiliated with, or allied with First Community Bankshares, Inc. or such Employer loses its status as a legal entity by means of dissolution, merger, consolidation, bankruptcy, or otherwise. An Employer shall also be removed from the list of Employers upon the termination of the Plan for that Employer.

 

As used in the further provisions of the Plan, the term Employer shall be deemed to apply to each Employer independently.

 

	 	
			2.

				
			Section 1.31 shall be amended in its entirety to read as follows:

			

 

1.31 Plan shall mean the First Community Bankshares, Inc. and Affiliates Executive Retention Plan as embodied in this instrument, any and all supporting documents, and all subsequent amendments and supplements thereto.

 

	 	
			3.

				
			Section 16.l shall be amended in its entirety to read as follows:

			

 

This Plan is created for the exclusive benefit of the Eligible Employees of the Employer and their Beneficiaries and shall be interpreted in a manner consistent with First Community Bankshares, Inc. and Affiliates Executive Retention Plan.

 

	 	
			4.

				
			Except as indicated herein, all other terms of the Plan remain intact.

			

 

IN WITNESS WHEREOF, this Amendment is adopted on this the 24th day of July, 2018.

 

 

                                                                       First Community Bankshares, Inc. 

 

 

                                                                           By:   /s/ Richard S. Johnson

 

                                                                               ____________________________

 

                                                                                     Richard S. Johnson

 

 

                                                              Its: Compensation & Retirement Committe Chairman

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