Document:

Exhibit 10.17

 

RESALE LOCK-UP AGREEMENT

 

This Resale Lock-Up
Agreement (this “Agreement”) is dated as of May 7, 2020, by and between the stockholder set forth on the signature
page to this Agreement (the “Holder”) and Wealthbridge Acquisition Limited, a British Virgin Islands company
(the “Purchaser”). Capitalized terms used and not otherwise defined herein shall have the meanings given such
terms in the Share Exchange Agreement (as defined below).

 

BACKGROUND

 

A. The
Purchaser has entered into that certain Share Exchange Agreement, dated as of October 28, 2019 (the “Share Exchange Agreement”),
by and among the Purchaser, Scienjoy Inc., a Cayman Islands company (the “Company”), the stockholders of the
Company, and certain other persons and entities.

 

B. The
Share Exchange Agreement provides for, among other things, the Purchaser acquires 100% of the shares of Company Common Stock in
exchange for the Closing Payment Shares (as defined in the Share Exchange Agreement) in accordance with the terms set forth in
the Share Exchange Agreement; and.

 

C. The
Holder is the record and/or beneficial owner of shares of common stock of the Company and is therefore entitled to receive Purchaser
Common Stock (as defined in the Share Exchange Agreement) pursuant to the Share Exchange Agreement.

 

D. As
a condition of, and as a material inducement for the Purchaser to enter into and consummate the transactions contemplated by the
Share Exchange Agreement, the Holder has agreed to execute and deliver this Agreement.

 

NOW, THEREFORE, for
and in consideration of the mutual covenants and agreements set forth herein, and other good and valuable consideration, the receipt
and sufficiency of which is hereby acknowledged, the parties, intending to be legally bound, agree as follows:

 

AGREEMENT

 

1.
Lock-Up.

 

(a) During
the Lock-up Period (as defined below), the Holder irrevocably agrees that, except for (i) the Escrow Shares to be delivered to
the Escrow Agent pursuant to the Share Exchange Agreement and the Escrow Agreement, (ii) as approved by the Board of the Purchaser,
and (iii) the exceptions provided in Section 1.(c) hereof, it, he or she will not offer, sell, contract to sell, pledge or otherwise
dispose of, directly or indirectly, any of the Lock-up Shares (as defined below) (including any securities convertible into, or
exchangeable for, or representing the rights to receive, Lock-up Shares), enter into a transaction that would have the same effect,
or enter into any swap, hedge or other arrangement that transfers, in whole or in part, any of the economic consequences of ownership
of such Lock-up Shares, whether any of these transactions are to be settled by delivery of any such Lock-up Shares, in cash or
otherwise, publicly disclose the intention to make any offer, sale, pledge or disposition, or to enter into any transaction, swap,
hedge or other arrangement, or engage in any Short Sales (as defined below) with respect to any security of the Purchaser (each
a “Disposition”). 

 

     

     

    

 

(b) In
furtherance of the foregoing, the Purchaser will (i) place an irrevocable stop order on all Closing Payment Shares which are Lock-up
Shares, including those which may be covered by a registration statement, and (ii) notify the Purchaser’s transfer agent
in writing of the stop order and the restrictions on such Lock-up Shares under this Agreement and direct the Purchaser’s
transfer agent not to process any attempts by the Holder to resell or transfer any Lock-up Shares, except in compliance with this
Agreement. 

 

(c) Notwithstanding
Section 1.(a) and Section 1.(b) hereof, the restrictions set forth in Section 1.(a) hereof shall not apply
to or restrict a Disposition by the Holder in connection with a transaction in which (i) any person or group shall have acquired
or entered into a binding definitive agreement that has been approved by the board of directors of the Purchaser (or any duly constituted
committee thereof) to acquire (1) more than 50% of the voting securities of the Purchaser or (2) assets of the Purchaser and the
Company Group representing more than 50% of the consolidated earnings power of the Purchaser and the Company Group, taken as a
whole, or (ii) any person shall have commenced a tender or exchange offer which, if consummated, would result in such person’s
acquisition of Beneficial Ownership (as defined below) of more than 50% of the voting securities of the Purchaser, and in connection
therewith, the Purchaser files with the Commission (as defined below) a Schedule 14D-9 with respect to such offer that does not
either (1) recommend that the Purchaser’s shareholders reject such offer or (2) advise the Purchaser’s shareholders
that the board of directors is considering its response to the offer, or (iii) the Holder transfers its Lock-up Shares to an Affiliate
of the Holder or to any direct or indirect shareholder of the Holder, or (iv) the Holders transfers its Lock-up Shares as a bona
fide gift, provided, in the cases of (iii) and (iv) that the transferee executes a lock-up agreement substantially the same as
this Agreement. If the Purchaser commits a material breach of the Share Exchange Agreement prior to the Closing, this Agreement
shall be terminated, and it shall not be binding upon the Holder from such termination date. 

 

(d) For
purposes hereof, “Short Sales” include, without limitation, all “short sales” as defined in Rule
200 promulgated under Regulation SHO under the Securities Exchange Act of 1934, as amended (the “Exchange Act”)
and all types of direct and indirect stock pledges, forward sale contracts, options, puts, calls, swaps and similar arrangements
(including on a total return basis), and sales and other transactions through non-US broker dealers or foreign regulated brokers.

 

(e) For
purpose of this agreement, “Lock-up Period” means a period of 365 calendar days from the Closing
Date under the Share Exchange Agreement. 

 

(f) For
purpose of this agreement, “Beneficial Ownership” means beneficial ownership as defined under Rule 13d-3 under
the Exchange Act. 

 

    2

     

    

 

(g) For
purpose of this agreement, “Commission” means the United States Securities and Exchange Commission or any other
federal agency at the time administering the Exchange Act, or other governmental agency administering the securities laws in the
jurisdiction in which the Purchaser’s securities are registered or being registered. 

 

2.
Representations and Warranties. Each of the parties hereto, by their respective execution and delivery of this Agreement,
hereby represents and warrants to the others and to all third party beneficiaries of this Agreement that (a) such party has the
full right, capacity and authority to enter into, deliver and perform its respective obligations under this Agreement, (b) this
Agreement has been duly executed and delivered by such party and is the binding and enforceable obligation of such party, enforceable
against such party in accordance with the terms of this Agreement, and (c) the execution, delivery and performance of such party’s
obligations under this Agreement will not conflict with or breach the terms of any other agreement, contract, commitment or understanding
to which such party is a party or to which the assets or securities of such party are bound. The Holder has independently evaluated
the merits of its decision to enter into and deliver this Agreement, and such Holder confirms that it has not relied on the advice
of the Purchaser, the Purchaser’s legal counsel, or any other person.

 

3.
Beneficial Ownership. The Holder hereby represents and warrants that it does not beneficially own, directly or through
its nominees (as determined in accordance with Section 13(d) of the Exchange Act, and the rules and regulations promulgated thereunder),
any shares of capital stock of the Purchaser, or any economic interest in or derivative of such stock, other than those Purchaser
Common Stock specified on the signature page hereto that the Holder will acquire at the Closing. For purposes of this Agreement,
the Purchaser Common Stock beneficially owned by the Holder as specified on the signature hereto, together with any Purchaser
Common Stock acquired during the Lock-up Period, if any, are collectively referred to as the “Lock-up Shares.”

 

4.
No Additional Fees/Payment. Other than the consideration specifically referenced herein, the parties hereto agree
that no fee, payment or additional consideration in any form has been or will be paid to the Holder in connection with this Agreement.

 

5.
Notices. Any notices required or permitted to be sent hereunder shall be delivered personally or by courier service
to the following addresses, or such other address as any party hereto designates by written notice to the other party. Provided,
however, a transmission per telefax or email shall be sufficient and shall be deemed to be properly served when the telefax or
email is received if the signed original notice is received by the recipient within three (3) calendar days thereafter.

 

		(a)	If to the Purchaser:

 

Unit B, 17/F
Success Commercial Building

245-251 Hennessy
Road

Wanchai,
Hong Kong

Attn: Yongsheng
Liu

Tel: (86)
186-0217-2929

 

    3

     

    

 

With
a copy (which shall not constitute notice) to:

 

Loeb &
Loeb LLP

345 Park Avenue

New York, NY 10154

Attention: Giovanni Caruso, Esq.

Email: gcaruso@loeb.com

Fax: (212) 407-4866

 

		(b)	If to the Holder, to the address set forth on the Holder’s
signature page hereto,

 

or to such other address as any party may
have furnished to the others in writing in accordance herewith.

 

6.
Enumeration and Headings. The enumeration and headings contained in this Agreement are for convenience of reference
only and shall not control or affect the meaning or construction of any of the provisions of this Agreement.

 

7.
Counterparts. This Agreement may be executed in facsimile and in any number of counterparts, each of which when
so executed and delivered shall be deemed an original, but all of which shall together constitute one and the same agreement.

 

8.
Successors and Assigns. This Agreement and the terms, covenants, provisions and conditions hereof shall be binding
upon, and shall inure to the benefit of, the respective heirs, successors and assigns of the parties hereto. The Holder hereby
acknowledges and agrees that this Agreement is entered into for the benefit of and is enforceable by the Purchaser and its successors
and assigns.

 

9.
Severability. If any provision of this Agreement is held to be invalid or unenforceable for any reason, such provision
will be conformed to prevailing law rather than voided, if possible, in order to achieve the intent of the parties and, in any
event, the remaining provisions of this Agreement shall remain in full force and effect and shall be binding upon the parties
hereto.

 

10.
Amendment. This Agreement may be amended or modified by written agreement executed by each of the parties hereto.

 

11.
Further Assurances. Each party shall do and perform, or cause to be done and performed, all such further acts and
things, and shall execute and deliver all such other agreements, certificates, instruments and documents, as any other party may
reasonably request in order to carry out the intent and accomplish the purposes of this Agreement and the consummation of the
transactions contemplated hereby.

 

12.
No Strict Construction. The language used in this Agreement will be deemed to be the language chosen by the parties
to express their mutual intent, and no rules of strict construction will be applied against any party.

 

13.
Dispute Resolution. Article XII of the Share Exchange Agreement regarding arbitration of disputes is incorporated
by reference herein to apply with full force to any disputes arising under this Agreement.

 

14.
Governing Law. The terms and provisions of this Agreement shall be construed in accordance with the laws of the
State of New York.

 

15.
Controlling Agreement. To the extent the terms of this Agreement (as amended, supplemented, restated or otherwise
modified from time to time) directly conflicts with a provision in the Share Exchange Agreement, the terms of this Agreement shall
control.

 

[Remainder of
page intentionally left blank; signature page follows]

 

    4

     

    

 

IN WITNESS WHEREOF,
the parties hereto have caused this Resale Lock-Up Agreement to be duly executed by their respective authorized signatories as
of the date first indicated above.

 

	 	WEALTHBRIDGE ACQUISITION LIMITED
	 	 	 
	 	By:	/s/ Yongsheng Liu
	 	Name:  	Yongsheng Liu
	 	Title:  	Chief Executive Officer

 

Signature Page to Resale Lock-up Agreement
(WBY)

 

    5

     

    

 

IN WITNESS WHEREOF,
the parties hereto have caused this Resale Lock-Up Agreement to be duly executed by their respective authorized signatories as
of the date first indicated above.

 

	 	HOLDER
	 	 	 
	 	WBY ENTERTAINMENT HOLDINGS LTD.
	 	 
	 	By:	/s/ Bo Wan                    
	 	Name: 	Bo Wan
	 	Title:	Director
	 	 	 
	 	NUMBER OF Lock-up Shares:
	 	 
	 	3,892,650 shares of Purchaser Common Stock

 

Signature Page
to Resale Lock-up Agreement (WBY)

 

 

6Exhibit 10.18

 

WEALTHBRIDGE ACQUISITION LIMITED

 

VOTING AGREEMENT

 

This Voting Agreement
(this “Agreement”) is made as of May 7, 2020 by and among Wealthbridge Acquisition Limited, a British Virgin
Islands company (the “Purchaser”) and each of the individuals and entities set forth on the signature page hereto
(each a “Voting Party” and collectively, the “Voting Parties”). For purposes of this Agreement,
capitalized terms used and not defined herein shall have the respective meanings ascribed to them in the Share Exchange Agreement
(as defined below).

 

RECITALS

 

WHEREAS,
the Purchaser, Scienjoy Inc., and the shareholders of Scienjoy Inc. (each, a “Shareholder” and collectively,
the “Shareholders”) entered into a Share Exchange Agreement, dated October 28, 2019 (the “Share Exchange
Agreement”); and

 

WHEREAS,
each of the Voting Parties, currently owns, or on closing of the transactions contemplated by the Share Exchange Agreement, will
own, shares of the Purchaser’s capital stock, and wishes to provide for orderly (a) elections of the Purchaser’s board
of directors and (b) reclassification and conversion of the Purchaser’s capital stock, each as described herein.

 

NOW
THEREFORE, in consideration of the foregoing and of the promises and covenants contained herein, the receipt and sufficiency
of which are hereby acknowledged, the parties hereto agree as follows:

 

AGREEMENT

 

1. Agreement
to Vote. During the term of this Agreement, each Voting Party agrees to vote all securities of the Purchaser (hereinafter referred
to as the “Voting Shares”) that such Voting Party owns from time to time and may vote in (a) the election of
the Purchaser’s directors or (b) the reclassification and conversion of the Purchaser’s capital stock, as the case
may be, in accordance with the provisions of this Agreement, whether at a regular or special meeting of shareholders or any class
or series of shareholders or by written consent.

 

2. Reclassification
and Conversion of Capital Stock. 

 

2.1 Voting.
During the term of this Agreement, if the Purchaser qualifies as a “foreign private issuer” as defined in Rule 36-4
promulgated under the Exchange Act (“Foreign Private Issuer”) at any time following the Closing and as promptly
as practicable following the determination of gaining the Foreign Private Issuer status by the Purchaser, each Voting Party agrees
to vote all Voting Shares in such manner as may be necessary to (a) reclassify the Purchaser’s ordinary shares into Purchaser
A Common Stock, (b) authorize the issuance of Purchaser B Common Stock, and (c) convert certain amount of Purchaser A Common Stock
to Purchaser B Common Stock in accordance with Section 9.8 of the Share Exchange Agreement.

 

     

     

    

 

2.2 Obligations.
The obligations of the Voting Parties pursuant to this Section 2 shall include any shareholder vote to amend the Purchaser’s
memorandum and articles of association, as amended and restated, as required to effect the intent of this Agreement. Each of the
Voting Parties and the Purchaser agree not to take any actions that would contravene or materially and adversely affect the provisions
of this Agreement and the intention of the parties with respect to the reclassification and conversion of the Purchaser’s
capital stock as herein stated.

 

3. Election
of Boards of Directors.

 

3.1 Voting.
During the term of this Agreement each Voting Party agrees to vote all Voting Shares in such manner as may be necessary to elect
(and maintain in office) as members of the Purchaser’s Board of Directors the following persons:

 

(a) Two
(2) persons designated by the Shareholders (each a “Shareholders Designee,” and collectively, the “Shareholders
Designees”) before the third anniversary of the Closing Date, and three (3) Shareholders Designees after the third anniversary
of the Closing Date;

 

(b) Three
(3) persons (each a “Shareholders Independent Designee,” and collectively the “Shareholders
Independent Designees”) designated by the Shareholders. Each of the Shareholders Independent Designee shall qualify as
an independent director under the Exchange Act and the rules of any applicable stock exchange; and

 

(c) One
(1) person (the “Oriental Designee”) designated by Oriental Holdings Limited until the third anniversary of
the Closing Date;

 

(d) One
(1) person (the “Oriental Independent Designee”) designated by Oriental Holdings Limited. The Oriental
Independent Designees shall qualify as an independent director under the Exchange Act and the rules of any applicable stock exchange
until the sixth anniversary of the Closing Date.

 

3.2 Initial
Designees. The initial Shareholders Designees are Xiaowu He and Bo Wan. The initial Shareholders Independent Designees are
Huifeng Chang, Jian Sun, and Yibing Liu. The initial Oriental Designee is Yongsheng Liu. The initial Oriental Independent Designee
is Jining Li.

 

3.3 Size
of the Board. The parties hereto agree that they shall vote their Voting Shares to maintain the size of the Purchaser’s
Board of Directors at seven (7) persons for a six (6)-year period following the Closing Date.

 

3.4 Obligations;
Removal of Directors; Vacancies. The obligations of the Voting Parties pursuant to this Section 3 shall include any shareholder
vote to amend the Purchaser’s memorandum and articles of association, as amended and restated, as required to effect the
intent of this Agreement. Each of the Voting Parties and the Purchaser agree not to take any actions that would contravene or materially
and adversely affect the provisions of this Agreement and the intention of the parties with respect to the composition of the Purchaser’s
Board of Directors as herein stated. The parties acknowledge that the fiduciary duties of each member of the Purchaser’s
Board of Directors are to the Purchaser’s shareholders as a whole. In the event any director elected pursuant to the terms
hereof ceases to serve as a member of the Purchaser’s Board of Directors, the Voting Parties agree to take all such action
as is reasonable and necessary, including the voting of shares of capital stock of the Purchaser by the Voting Parties as to which
they have beneficial ownership, to cause the election or appointment of such other person designated by Oriental Holdings Limited
or the Shareholders, as the case may be, to the Board of Directors as may be designated on the terms provided herein.

 

    -2-

     

    

 

4. Successors
in Interest of the Voting Parties and the Purchaser. The provisions of this Agreement shall be binding upon the successors
in interest of any Voting Party with respect to any of such Voting Party’s Voting Shares or any voting rights therein, unless
such shares are sold into the public markets. Each Voting Party shall not, and the Purchaser shall not, permit the transfer of
any Voting Party’s Voting Shares (except for sales of Voting Shares into the public markets), unless and until the person
to whom such securities are to be transferred shall have executed a written agreement pursuant to which such person becomes a party
to this Agreement and agrees to be bound by all the provisions hereof as if such person was a Voting Party hereunder.

 

5. Covenants.
Each Voting Party agrees to take all actions required to ensure that the rights given to each Voting Party hereunder are effective
and that each Voting Party enjoys the benefits thereof. Such actions include, without limitation, the use of best efforts to cause
the nomination of the designees, as provided herein, for election as directors of the Purchaser. No Voting Party will, by any voluntary
action, avoid or seek to avoid the observance or performance of any of the terms to be performed hereunder by any such Voting Party,
as applicable, but will at all times in good faith assist in the carrying out of all of the provisions of this Agreement and in
the taking of all such actions as may be necessary or appropriate in order to protect the rights of each Voting Party hereunder
against impairment.

 

6. Grant
of Proxy. The parties agree that this Agreement does not constitute the granting of a proxy to any party or any other person;
provided, however, that should the provisions of this Agreement be construed to constitute the granting of proxies, such proxies
shall be deemed coupled with an interest and are irrevocable for the term of this Agreement.

 

7. Restrictive
Legend. Until the termination of this Agreement, each certificate representing any of the Voting Shares shall be marked by
the Purchaser with a legend reading as follows:

 

“THE
SHARES EVIDENCED HEREBY ARE SUBJECT TO A VOTING AGREEMENT (A COPY OF WHICH MAY BE OBTAINED FROM THE ISSUER) AND BY ACCEPTING ANY
INTEREST IN SUCH SHARES THE PERSON HOLDING SUCH INTEREST SHALL BE DEEMED TO AGREE TO AND SHALL BECOME BOUND BY ALL THE PROVISIONS
OF SAID VOTING AGREEMENT.”

 

8. Specific
Enforcement. It is agreed and understood that monetary damages would not adequately compensate an injured party for the breach
of this Agreement by any party hereto, that this Agreement shall be specifically enforceable, and that any breach of this Agreement
shall be the proper subject of a temporary or permanent injunction or restraining order. Further, each party hereto waives any
claim or defense that there is an adequate remedy at law for such breach or threatened breach and agrees that a party’s rights
would be materially and adversely affected if the obligations of the other parties under this Agreement were not carried out in
accordance with the terms and conditions hereof.

 

    -3-

     

    

 

9. Manner
of Voting. The voting of shares pursuant to this Agreement may be effected in person, by proxy, by written consent or in any
other manner permitted by applicable law.

 

10. Termination.
This Agreement shall terminate upon the first to occur of the following:

 

10.1 the
date that is six (6) years from the Closing Date; or

 

10.2 immediately
prior to a transaction pursuant to which a person or group other than current shareholders of the Purchaser or the Voting Parties,
or their respective affiliates, will control greater than 50% of the Purchaser’s voting power with respect to the election
of directors of the Purchaser.

 

11. Amendments
and Waivers. Except as otherwise provided herein, any provision of this Agreement may be amended or the observance thereof
may be waived (either generally or in a particular instance and either retroactively or prospectively) only with the written consent
of (a) the Purchaser, and (b) the holders of a majority of Voting Shares then held by the Voting Parties, voting separately as
a class; provided, however, that the right of Oriental Holdings Limited to nominate the Oriental Designee and Oriental Independent
Designee shall not be amended without the written consent of Oriental Holdings Limited; and provided further, that the right
of the Shareholders to nominate the Shareholders Designees or the Shareholders Independent Designees shall not be amended without
the written consent of the Shareholders.

 

12. Stock
Splits, Stock Dividends, etc. In the event of any stock split, stock dividend, recapitalization, reorganization or the like,
any securities issued with respect to Voting Shares held by Voting Parties shall become Voting Shares for purposes of this Agreement.

 

13. Severability.
In the event that any provision of the Agreement shall be invalid, illegal or unenforceable, the validity, legality and enforceability
of the remaining provisions shall not in any way be affected or impaired thereby.

 

14. Governing
Law. This Agreement and the legal relations between the parties arising hereunder shall be governed by and interpreted in accordance
with the laws of the State of New York without reference to its conflicts of laws provisions, except that all matters relating
to the fiduciary duties of the Purchaser’s Board of Directors shall be subject to the laws of the Republic of the British
Virgin Islands.

 

15. Counterparts.
This Agreement may be executed in two or more counterparts, each of which shall be deemed an original and all of which together
shall constitute one instrument.

 

16. Successors
and Assigns. Except as otherwise expressly provided in this Agreement, the provisions hereof shall inure to the benefit of,
and be binding upon, the successors and assigns of the parties hereto.

 

17. Entire
Agreement. This Agreement constitutes the full and entire understanding and agreement among the parties, and supersedes any
prior agreement or understanding among the parties, with regard to the subjects hereof and thereof, and no party shall be liable
or bound to any other party in any manner by any warranties, representations or covenants except as specifically set forth herein
or therein.

 

[Remainder of page
intentionally left blank; signature page follows]

    -4-

     

    

 

This Voting Agreement is hereby executed effective
as of the date first set forth above.

 

Purchaser

 

WEALTHBRIDGE ACQUISITION LIMITED,

a British Virgin Islands exempted company

 

	By:	/s/ Yongsheng Liu	 
	Name:  	Yongsheng Liu	 
	Title:  	Chief Executive Officer	 
	 	 	 
	Voting Parties	 
	 	 	 
	Oriental Holdings Limited	 
	 	 	 
	By:	/s/ Jining Li	 
	Name: 	Jining Li	 
	Title: 	Director	 
	 	 	 
	Lavacano Holdings Limited	 
	 	 	 
	By:	/s/ Xiaowu He	 
	Name: 	Xiaowu He	 
	Title: 	Director	 
	 	 	 
	WBY Entertainment Holdings Ltd.	 
	 	 	 
	By:	/s/ Bo Wan	 
	Name: 	Bo Wan	 
	Title: 	Director	 
	 	 	 
	 	 	 
	/s/ Yongsheng Liu	 
	Yongsheng Liu	 

 

 

Signature Page to Wealthbridge Voting Agreement

 

 

-5-

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