Document:

Exhibit

EXHIBIT 10.2

John L. Cordani
C/O Platform Specialty Products Corporation
245 Freight Street
Waterbury, CT. 06702
October 9, 2015
Re: Severance Agreement

Dear John,

I write to you concerning the severance agreement between you and MacDermid, Incorporated (“MacDermid”) dated July 22, 2002, which was subsequently assigned to Platform Specialty Products Corporation (“Platform”) as of January 1, 2015 (the “Severance Agreement”).  In consideration of your continued employment with Platform and in recognition of the additional responsibilities that we have requested that you assume, Platform and MacDermid hereby agree to modify the Severance Agreement as follows:

		
	1.
	The current reference in the first sentence to, “or within two (2) years after a Change of Control (as defined herein)”, is hereby modified to read, “or within four (4) years after a Change of Control (as defined herein)”. 

		
	2.
	The current reference in the third sentence to, “within two (2) years after a Change of Control”, is hereby modified to read, “within four (4) years after a Change of Control”.

		
	3.
	References to “MacDermid” in the Severance Agreement shall be considered references to “MacDermid and/or Platform”, jointly and severally.

The Severance Agreement shall remain in full force and effect in accordance with its terms as modified herein. Platform, MacDermid and Cordani agree that each that will strictly adhere to the terms of the Severance Agreement and recognize that a Change of Control, as defined in the Severance Agreement, occurred on October 31, 2013 when Platform acquired MacDermid. This modification to the Severance Agreement is being made in order to extend the current Change of Control period, and the protection provided thereby, to October 31, 2017. 

Please indicate your acceptance of this modification to the Severance Agreement by countersigning and returning this letter to me.

Thank you

/s/ Sanjiv Khattri
Sanjiv Khattri
Chief Financial Officer

Accepted and Agreed

/s/ John L. Cordani
John L. CordaniSHARE
EXCHANGE AGREEMENT

 

BETWEEN

 

Rito
Group Corp, 

a
company incorporated under the laws of Nevada, United States

 

AND

 

Or
Ka Ming, representing the 100% shareholder of 

Sino
Union International Limited,

a
company incorporated under the laws of Anguilla

(“Sino”)

 

Dated
as of May 15, 2015

 

THIS
AGREEMENT(“Agreement”) is between Rito Group Corp., a Nevada corporation (“Rito”)
and Mr. Or Ka Ming(the “Seller”), the sole shareholder of Sino Union International Limited., an Anguilla corporation
(the “Sino”). Rito Group Corp, Mr. Or Ka Ming and Sino Union International Limited are referred to herein individually
as a “Party” and collectively as the “Parties”.

 

Collectively
the Parties

 

WHEREAS ,
Rito desires to purchase 100% of the Issued and Outstanding shares of Sino, together with all of the assets of Sino (the “Business
Assets”) on the terms and subject to the conditions set forth herein and;

 

WHEREAS ,
Sino owns the assets and intellectual property, described more fully in Exhibit A and;

 

WHEREAS ,
Rito has agreed to issue 100,000 restricted shares of Rito’s common stock to Seller to exchange 100% of the shares and assets
of Sino for a cost of US$10 (at par value $0.0001 per share);

 

WHEREAS ,
Choi Tak Yin, Addy, the President and Director of Rito, is the Company’s signing authority.

 

NOW,
THEREFORE, in consideration of the foregoing premises and the mutual covenants, agreements, representations and warranties
contained herein, the receipt and sufficiency of which is hereby acknowledged, the parties hereto agree as follows:

 

ARTICLE
I

EXCHANGE
OF SHARES

 

1.1      On
the basis of the representations herein contained and on the terms and subject to the conditions set forth herein, Mr.
Or Ka Ming. hereby agrees to sell, assign, transfer convey and deliver to Rito, 100% of the shares and the assets in Sino,
for US$10 in shares, together with all of its rights, titles and interests in the business assets and all attendant or related
assets, including, but not limited to: proprietary intellectual property, documents, deeds, files, titles, patents, know-how and
good-will, together with any other item, assets, products, files, records, documents, signatures, interests or rights pertaining
to or relating to the Business Assets in keeping with the intentions and the spirit of this Agreement.

 

1.2      Rito
hereby agrees to purchase and acquire 100% of the shares of Sino and all of its Business Assets from Sino and issue Seller an
aggregate of 100,000 new Common Shares of the Rito and that this shares issuance in full of the US$10.

 

 1.3      It
is understood by the Parties that the 100,000 shares of Rito so issued as exchange for the business assets will be restricted
shares as required by Rule 144 of the United States Securities Act (the “Act”) and shall display a restrictive legend
as required by the United States Securities and Exchange Act.

 

1.4      On
the basis of the representations herein contained and on the terms and subject to the conditions set forth herein, Seller hereby
agrees to transfer control of the shares and assets of Sino to Rito through the acceptance and confirmation of the issuance and
granting, by Rito, of 100,000 newly issued shares of Rito which shares, represents the full consideration in exchange of 100%
of the shares of Sino and all of its assets as described in tbit A.

 

ARTICLE
II

CLOSING

 

2.1      The
consummation of the transfer by Seller to Rito, and the acquisition by Rito of Sino and its assets by the issuance of 100,000
new Common Shares of Rito shall occur not later than May 18, 2015 (the “Closing Date”). Immediately at the Closing
Date, Rito shall deliver, or cause to be delivered, to Seller, a board resolution confirming the issuance of 100,000 Common Shares
that are being sold, assigned, and conveyed to Seller, such board resolution shall be duly executed, endorsed and/or authenticated
for delivery to Seller.

 

2.2      Immediately
after the Closing, Rito shall deliver to Seller, Stock certificate(s) representing 100,000 shares issued in the name or names
designated by Seller. It is understood that the stock certificates so delivered will display the required restrictive legend pursuant
to Rule 144 of the United States Securities and Exchange Act.

 

2.3      On
or before June 16, 2015, Seller shall deliver, for transmittal to Rito, duly authorized, properly and fully executed documents
in English, evidencing and confirming the sale of 100% of the shares of Sino.

 

ARTICLE
III

EXECUTION

 

3.1      Rito
shall execute and deliver to Seller, on the Closing Date, any and all such other documents and instruments, and take or cause
to be taken any and all such other and further actions that may be necessary, appropriate or advisable in order to vest fully,
and to confirm the purchase and sale, the title to and possession of the Common Shares of Rito.

 

3.2      Seller
shall execute and deliver to Rito, on the Closing Date, any and all such other documents and instruments, and take or cause to
be taken any and all such other and further actions that may be necessary, appropriate or advisable in order to vest fully, and
to confirm the purchase and sale, the title to and possession of 100% of the shares of Sino and all of the assets of Sino.

 

ARTICLE
IV

REPRESENTATIONS
AND WARRANTIES OF RITO

 

Rito
hereby represents and warrants to Seller as follows (it being acknowledged that Seller is entering into this Agreement in material
reliance upon each of the following representations and warranties, and that the truth and accuracy of each of which constitutes
a condition precedent to the obligations of Rito hereunder):

 

4.1       Authorization .
Rito, represented by Choi Tak Yin Addy, the President and Director of Rito has full power, legal capacity and authority to enter
into this Agreement and to consummate the transaction herein contemplated, and to perform all obligations hereunder. This Agreement
constitutes the legal, valid and binding obligation of Rito, and this Agreement is enforceable with respect to Sino in accordance
with its terms. Neither the execution and delivery of this Agreement, nor the compliance with any of the provisions hereof, will
(a) conflict with or result in a breach of, violation of or default under any of the terms, conditions or provisions of any note,
bond, mortgage, indenture, license, lease, credit agreement or other agreement, document, instrument or obligation to which Rito
is a party or by which Rito or any of its assets or properties may be bound or (b) violate any judgment, order, injunction, decree,
statute, rule or regulation applicable to Rito or the assets or properties of Rito.

 

4.2       Legality
of Shares . To the best of Rito’s knowledge, the Common Shares, when delivered as provided in this Agreement, will
be validly issued, fully paid and nonassessable. The Common Shares, upon sale, assignment, transfer and conveyance thereof, will
not be subject to the preemptive right of any shareholder or any other person. Upon delivery of the Common Shares as set forth
in this Agreement, Seller will receive title to the Common Shares thereto, free and clear of all liens, encumbrances, charges
and claims whatsoever.

 

4.3       Compliance
with Securities Laws .

 

(a)      No
formal or informal investigation or examination by the Securities and Exchange Commission (the “Commission”) or by
the securities administrator of any state is pending or threatened against Rito.

 

(b)      Neither
Rito, nor any of its directors or officers, have been convicted of any felony or misdemeanor in connection with the sale or purchase
of any security or involving the making of any false filing with the Commission.

 

(c)      Rito
is not subject to any order, judgment or decree of any court of competent jurisdiction temporarily, preliminarily or permanently
restraining or enjoining such person from engaging in or continuing any conduct or practice in connection with the sale or purchase
of any security or involving the making of any false filing with the Commission.

 

4.4       No
undisclosed Issues or Liabilities . Rito warrants that to the best of its knowledge there are no, issues that might tend
to cause damage to Rito or its shareholders, or state or federal regulatory problems of any description.

 

ARTICLE
V

REPRESENTATIONS
AND WARRANTIES OF SELLER

 

5.1       Authorization .
Seller has full power, legal capacity and authority to enter into this Agreement, to execute all attendant documents and instruments
necessary to consummate the transaction herein contemplated, to purchase and acquire the Common Shares from Rito and to perform
all obligations hereunder. This Agreement constitutes the legal, valid and binding obligation of Seller and this Agreement is
enforceable with respect to Seller, in accordance with its terms.

 

5.2       Information
Regarding this Agreement and the Company . Seller has obtained such information regarding the financial position and
prospects of Rito, as Seller considers necessary or appropriate for the purpose of purchasing and acquiring the Common Shares
from Seller pursuant to this Agreement.

 

5.3       Compliance
with Securities Laws .

 

(a)      No
formal or informal investigation or examination by the Commission or by the securities administrator or legal authority of any
state or jurisdiction within or outside of the United States, Malaysia, China, Hong Kong or Anguilla, is pending or threatened
against Seller, Sino, or the assets of Sino.

 

(b)      Neither
Seller, Sino nor its officers or owners have not been convicted of any felony or misdemeanor in connection with the sale or purchase
of any security or involving the making of any false filing with in any jurisdiction.

 

(c)      Seller
is not subject to any order, judgment or decree of any court of competent jurisdiction temporarily, preliminarily or permanently
restraining or enjoining them from engaging in or continuing any conduct or practice in connection with the sale or purchase of
any security or involving the making of any false filing with in any jurisdiction.

 

5.4       Disclosure
of Transference of Control

 

(a)      Seller
understands and accepts that certain legal and regulatory filings and disclosures may be required in order to properly and legally
execute the transfer of control of the shares and assets. Such filings and disclosures include, but are not limited to the filing
of a Schedule 14C Information Statement pursuant to Section 14(c) of the Securities Exchange Act of 1934 or a Form 8-K with the
United States Securities and Exchange Commission.

 

(b)
     one or more filings of the Initial statement of beneficial ownership of securities on Schedule 13D
or other similar ownership forms.

 

(c)      Seller
will assist fully in the preparation and filing of all such required filings in order to fully insure that all required filings
are executed and filed properly and in a timely manner.

 

(d)      Seller
will provide a detailed list of individuals or entities (the “New Shareholders”) designated to receive Common Shares
of Rito pursuant to issuance of the 100,000 Common Shares specified in this Agreement.

 

(e)
The above noted detailed list of New Shareholders shall include the full legal name of the individual or entity receiving Rito
Common Shares, the full address and citizenship or corporate jurisdiction of each New Shareholder (Attached hereto as Exhibit
B).

	 
	 

 

5.5      Seller
warrants that Seller shall deliver to Rito all of rights, titles and interests in 100% of the shares of Sino, the company Sino
and the assets and all attendant or related assets, including, but not limited to: proprietary intellectual property, maps, documents,
deeds, files, titles, patents, know-how and good-will, together with any other item, assets, products, files, records, documents,
signatures, interests or rights pertaining to or relating to the Assets in keeping with the intentions and the spirit of this
Agreement.

 

5.6      Seller
warrants that all translations in English of all documents, as required by the US Securities Act shall be accurate legal translations
and that any discrepancy between the original documentation and the English translation, the English translation shall take precedence.

 

 

ARTICLE
VI

MISCELLANEOUS
PROVISIONS

 

6.1       Parties
in Interest . This Agreement shall be binding upon and inure to the benefit of the Parties hereto, and the heirs and
personal representatives of each of them, but shall not confer, expressly or by implication, any rights or remedies upon any other
party.

 

6.2       Confidentiality .
The Parties agree that the terms and conditions of this agreement shall be kept strictly confidential and shall not reveal or
divulge to any third party or entities other than for regulatory filings or tax purposes and/or pursuant to a court order. The
parties further agree that any dissemination of this agreement shall not be made without prior written consent of the other party.

 

6.3       Governing
Law . This Agreement is made and shall be governed in all respects, including validity, interpretation and effect, by
the laws of the State of Nevada.

 

6.4       Shares
to Be Held In Escrow . The Parties agree that all shares issued, pursuant to the terms and conditions of this agreement,
shall be issued as soon as practicable following the signing of this agreement, but all shares so issued SHALL BE HELD IN ESCROW
and shall be deemed to be in the full control of the issuing party until the Closing.

 

6.5       Notices .
All notices, requests or demands and other communications hereunder must be in writing and shall be deemed to have been duly made
if personally delivered or mailed, postage prepaid, to the parties as follows:

 

	 	(a) If to Rito, to:	Rito Group Corp.
	 	 	Room 2301,23/F, Wing Hing Industrial
    Building 
	 	 	83-93 Chai Wan Kok Street 
	 	 	Tsuen Wan, NT, Hong Kong
	 	 	 
	 	(b) If to Seller, to:	Attn:
        Or Ka Ming

        Sino
        Union International Limited

	 	 	OMC office, Babrow Building, The Valley,
	 	 	A1-2640, Anguilla, BWI

 

Either
party hereto may change his address by written notice to the other party given in accordance with this Section 6.6.

	 
	 

 

6.6       Entire
Agreement . This Agreement contains the entire agreement between the Parties and supersedes all prior agreements, understandings
and writings between the Parties with respect to the subject matter hereof. Each party hereto acknowledges that no representations,
inducements, promises or agreements, verbal or otherwise, have been made by either party, or anyone acting with authority on behalf
of either party, which are not embodied herein, and that no other agreement, statement or promise may be relied upon or shall
be valid or binding. Neither this Agreement nor any term hereof may be changed, waived, discharged or terminated verbally. This
Agreement may be amended or any term hereof may be changed, waived, discharged or terminated by an agreement in writing signed
by each of the parties hereto.

 

6.7       Captions
and Headings . The article and section headings throughout this Agreement are for convenience and reference only, and
shall in no way be deemed to define, limit or add to the meaning of any provision of this Agreement.

 

6.8       Attorneys’
Fees . In the event of any litigation between the parties hereto, the non-prevailing party shall pay the reasonable expenses,
including the attorneys’ fees, of the prevailing party in connection therewith.

 

[Signature
Page Follows]

    	 

    	 

    

 

IN
WITNESS WHEREOF, the parties hereto have duly executed and delivered this Agreement as of the day and year first above written.

 

	 	 	 
	RITO
    GROUP CORP.
	 	 

         

	By:	 	/s/
Choi Tak Yin Addy
	 	 	Designated
                                    Signing Authority

        Choi
        Tak Yin Addy

        President,
        Director

	 

         

         

	 

         

	SELLER
	 	 

         

	By:	 	/s/
Or Ka Ming
	 	 	Or
    Ka Ming
	 	100%
                    shareholder of

        Sino
        Union International Limited,

         

 

    	 

    	 

    

 

Exhibit
A

 

List
of Assets

 

Rito
International Enterprise Company Ltd.

 

A
traditional trading company, which is incorporated in Hong Kong. It is established by a group of Hong Kong people who apply their
own professional knowledge to specialize an international share network platform. The management team treats the customers and
merchants wholeheartedly in order to build up a trust relationship. The existing products include handmade accessories, necklace,
and watches.

 

It
holds an intellectual property, which is E-commerce Customers Relationship Management System, namely
“U惠-CRM U-Hui-CRM”, related to provide customer management, without limitation,
all Intellectual property Rights and Technical Information. 

 

The
E-commerce Customer Relationship Management System features are as follows:-

	 	·	Sales
    automation (customizable product entries, inventory management, quotations, billing, and trouble ticketing)

 

	 	·	Customer
    support & service functions

 

	 	·	Marketing
    automation (lead generation, campaign support)

 

	 	·	Inventory
    Management

 

	 	·	Analysis
    and reporting

 

	 	·	Integration
    with E-mail systems

 

	 	·	Calendaring

 

	 	·	Contact
    Management

 

	 	·	PDF
    document generation

 

	 	·	Integration
    with Shopping Cart.

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