Document:

Exhibit 4.2

 

EMPLOYMENT AGREEMENT

 

THIS EMPLOYMENT AGREEMENT
(“Agreement”) is entered into this 6th day of August, 2020 (the “Effective Date”) by and between Jun Zhou
(“Employee”) and Farmmi, Inc., (“Farmmi”).

 

WHEREAS,
Farmmi desires to employ Employee as the Chief Executive Officer of FARMMI, the parent company of its subsidiaries (Farmmi International
Limited, Farmmi (Hangzhou) Enterprise Management Co., Ltd., Hangzhou Suyuan Agriculture Technology Co., Ltd., Hangzhou Nongyuan
Network Technology Co., Ltd, Lishui Farmmi Technology Co., Ltd., Zhejiang FLS Mushroom Co., Ltd., Zhejiang Forest Food Co., Ltd.,
Zhejiang Farmmi Food Co., Ltd. and Lishui Farmmi E-Commerce Co., Ltd. are all referred to collectively herein as “Farmmi”);
and

 

WHEREAS, Employee and
Farmmi desire to establish and govern the employment relationship under the terms and conditions set forth in this Agreement; and

 

NOW, THEREFORE, in consideration of the
mutual covenants and promises set forth herein, the adequacy of which is acknowledged, Employee and Farmmi hereby agree as follows:

 

1.       Employment.
Employee is being employed by Farmmi as the Chief Financial Officer upon and subject to the terms and conditions of this Agreement.
During the term of his employment under this Agreement, Employee shall report to Farmmi’s Chief Executive Officer and Board
of Directors, or to such other persons as Farmmi may designate from time to time. Farmmi reserves the right to change Employee’s
title, duties, and reporting relationships as may be determined by it to be in the best interests of Farmmi.

 

2.       Duties.

 

(a)     During the term of his employment under this Agreement, Employee will perform his duties hereunder at such time or times as
Farmmi may reasonably request. Employee’s duties may be varied by Farmmi from time to time without violating the terms
of this Agreement and shall include: (i) devoting his best efforts and his entire business time to further properly the
interests and revenues of Farmmi to the satisfaction of Farmmi, (ii) being subject to Farmmi’s direction and control at
all times with respect to his activities on behalf of Farmmi, (iii) complying with all rules, orders, regulations, policies,
practices and decisions of Farmmi, (iv) truthfully and accurately maintaining and preserving all records and making all
reports as Farmmi may require, and (v) fully accounting for all monies and other property of Farmmi of which he may from time
to time have custody and delivering the same to Farmmi whenever and however directed to do so.

 

(b)     In
performing his duties, Employee shall not undertake any action inconsistent with or harmful to the best interests of Farmmi. Employee
shall perform his duties and responsibilities in a professional manner and consistent with the overall goals and objectives of
Farmmi and applicable federal, state, and local law.

 

     

     

    

 

(c)     In
performing his duties, Employee shall be familiar with and shall comply with: (i) all applicable federal, state, and local laws
and regulations; (ii) the policies and decisions of Farmmi’s Board of Directors; and (iii) all policies, procedures, and
requirements enacted by Farmmi’s Board of Directors, as they may be amended from time to time. Employee agrees to adhere
to and support Farmmi’s policies and practices as set forth in any employee handbook or policy manual. Employee acknowledges
and agrees that Farmmi may amend or update its employee handbooks or policy manuals from time to time by written notice to Employee.

 

(d)     During
his employment with Farmmi, Employee shall devote his full time, attention, and best efforts to the operations of Farmmi and the
fulfillment of his duties. Employee agrees that, during his employment with Farmmi, he will exercise the highest degree of loyalty
and will conduct his duties with the highest degree of care. During his employment with Farmmi, Employee shall not directly or
indirectly engage in any other business activity, whether as an employee, employer, consultant, principal, officer, or otherwise
and whether or not done for compensation, gain, or other financial or economic advantage.

 

3.       Compensation.

 

(a)     For
all services rendered by Employee to Farmmi, Farmmi has agreed to pay Employee a base gross annual salary as the following schedule
shows, paid by Hangzhou Nongyuan Network Technology Co., Ltd., a PRC company (“Nongyuan Network”) (also referred to
as 杭州农源网络科技有限公司
in Chinese). Employee’s gross salary will be paid to Employee in accordance with Nongyuan Network’s standard payroll
policies and practices, beginning with the first regularly scheduled pay date following the Effective Date of this Agreement. Employee
understands and acknowledges that the base gross annual salary to be paid to him under this Agreement will be reduced by all applicable
federal and state payroll and withholding taxes and any other deductions authorized by Employee for the provision of employee benefits
or otherwise. Nongyuan Network will conduct an annual performance review of Employee, and any changes in Employee’s salary
shall be determined in the sole discretion of Nongyuan Network.

 

	Period	Annual Base Salary
	March 7, 2017 – March 31, 2018	RMB 240,000
	Since April 1, 2018 	RMB 500,000

 

4.       Expenses.
Farmmi shall reimburse Employee for all ordinary and necessary out-of-pocket expenses incurred and paid by Employee in the course
of the performance of Employee’s duties pursuant to this Agreement, provided that Employee incurred such expenses consistent
with Farmmi’s policies in effect from time to time with respect to travel, entertainment and other business expenses. To
receive such expenses reimbursement, Employee shall submit written requests, along with supporting documentation and/or receipts,
in compliance with Farmmi’s requirements with respect to the manner of approval and reporting of such expenses.

 

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5.       Additional
Benefits.

 

(a)     Subject
to meeting the eligibility requirements to participate in such plans under the terms and conditions established by the plans, Employee
shall be eligible to participate in all employee benefits programs provided by Farmmi to its employees, as such may be established
and modified from time to time in the discretion of Farmmi. However, nothing contained in this Agreement shall be construed to
obligate Farmmi in any manner to maintain any existing plans, put into effect any plans not presently in existence, or provide
special benefits to Employee.

 

(b)     During
the term of this Agreement, Employee shall be entitled to all national statutory annual paid vacation leave per year. Employee
understands and agrees that all vacation time shall be approved by the Chief Executive Officer before Employee takes such leave.
Employee’s ability to carry over unused vacation leave from year to year and to receive payment for unused vacation leave
upon termination of employment shall be governed by Farmmi’s policies in existence at the time of such occurrence.

 

6.       Indemnity.
Farmmi will indemnify Employee against all expenses, including legal fees, and against all judgments, fines and amounts paid in
settlement and reasonably incurred in connection with civil, criminal, administrative or investigative proceedings to which Employee
is party or are threatened to be made a party by reason of Employee acting as the Chief Financial Officer. To be entitled to indemnification,
Employee must have acted honestly and in good faith with a view to the best interest of Farmmi and, in the case of criminal proceedings,
Employee must have had no reasonable cause to believe Employee’s conduct was unlawful. Such limitation of liability does
not affect the availability of equitable remedies such as injunctive relief or rescission. These provisions will not limit Employee’s
liability under United States federal securities laws.

 

7.       Termination.

 

(a)     Either
party may terminate this Agreement at any time, for any reason or for no reason, with or without cause, upon thirty (30) days’
written notice to the other party.

 

(b)     Notwithstanding
Paragraph 7(a) above, Employee’s employment with Farmmi shall terminate immediately upon: (i) the death, disability, or adjudication
of legal incompetence of Employee; (ii) Farmmi’s ceasing to carry on its business without assigning this Agreement; or (iii)
Farmmi becoming bankrupt. For purposes of this Agreement, Employee shall be deemed to be disabled when Employee has become unable,
by reason of physical or mental disability, to satisfactorily perform the essential functions of his job and there is no reasonable
accommodation that can be provided to enable him to perform satisfactorily those essential functions. Such matters shall be determined
by, or to the reasonable satisfaction of, Farmmi.

 

(c)     Notwithstanding
Paragraph 7(a) above, Farmmi may immediately terminate this Agreement for cause, effective upon the provision of notice to Employee,
for the following reasons: (i) Employee’s repeated failure to satisfactorily and substantially perform his duties as an employee
of Farmmi (other than any such failure resulting from a disability), which failure has continued without remedy for more than thirty
(30) days after Farmmi has provided written notice thereof; (ii) Employee’s dishonesty, incompetence, willful misconduct,
gross negligence, or breach of fiduciary duty; (iii) failure to comply with the lawful directives of Farmmi’s Board of Directors;
(iv) failure to abide by and/or comply with any laws or regulations governing or relating to the operations of Farmmi; (v) failure
to abide by and/or comply with any other applicable laws, including, but not limited to, laws prohibiting discrimination and harassment
in the workplace; (vi) theft, misappropriation, or misuse of Farmmi’s property or assets; (vii) Employee’s conviction
of or plea of guilty or nolo contendere to any felony or any other crime involving theft, dishonesty, or fraudulent conduct; or
(viii) breach of Employee’s obligations under this Agreement.

 

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(d)     In
the event Employee’s employment with Farmmi is terminated by Employee or Employer for any or no reason, Farmmi shall pay
or provide to Employee any salary that Employee shall have earned and not yet received through the date of such employment termination,
determined on a pro rata basis based on the number of work days in the month of termination.

 

8.       Employee
Covenants.

 

(a)     Non-Disclosure
and Return of Confidential Information.

 

(i)       Employee acknowledges that, as
an employee of Farmmi, Employee will be provided access to, and may develop or assist in developing on Farmmi’s behalf, confidential
and proprietary information and trade secrets. As used in this Agreement, “Confidential Information” shall be deemed
to include, but shall not be limited to, information and materials related to Farmmi’s business procedures, methods, and
manufacturing processes for producing its products; marketing plans and strategies; customer lists, business histories, customer
presentations, strategic business opportunities and plans; market research, analyses of customer information, and prospective customer
lists; pricing of goods sold, margins, and sales strategies; accounting, operational, organizational, and financial data, processes,
and services; technical know-how; research and development; proprietary computer software and hardware; and any other information
that is not generally known to the public or within the industry in which Farmmi competes. “Confidential Information”
shall also be deemed to include information or material received by Farmmi from others and intended by them to be kept in confidence
by its recipients. “Confidential Information” shall not include Employee’s general skills and knowledge concerning
general business practices not specific to Farmmi’s business, nor shall it include information that has become widely disseminated
and generally available to the public through no wrongful act or omission on the part of Employee.

 

(ii)      At
all times during and after employment with Farmmi, Employee shall take all reasonable steps necessary to preserve the confidential
and proprietary nature of Confidential Information and to prevent the inadvertent or accidental disclosure of Confidential Information.
Employee will not use, disclose, transfer, or make available any Confidential Information other than: (i) as required by
the proper performance of Employee’s duties for Farmmi; (ii) as authorized by Farmmi; and (iii) as required by an order or
subpoena from a court of competent jurisdiction and/or administrative agency, provided that, prior to such disclosure, Employee
promptly notifies Farmmi so that Farmmi may take appropriate action with such court or agency to protect its Confidential Information.
Employee will not remove any Confidential Information from Farmmi’s premises or make copies of such materials except for
use in Farmmi’s business. Employee shall not retain any tangible, intangible, or electronic copies of any Confidential Information
after the termination of his employment with Farmmi for any reason.

 

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(iii)     If
part of the Confidential Information is known by public, but other parts or the whole is not public knowledge yet, the whole Confidential
Information still has confidential value. Employee agrees to have non-disclosure covenant for such Confidential Information. Employee
shall not disclose such information directly or indirectly, or solicit any third party to put together Confidential Information
by collecting the public part(s).

 

(iv)     During
his employment with Farmmi, for the interest of Farmmi, Employee shall promptly report to Farmmi the Confidential Information arising
out of work, submit a written report, and assist Farmmi to obtain the right of such information. Such Confidential Information
shall be owned Farmmi exclusively. During employment with Farmmi, employee shall fully disclose all of his conceptions about Farmmi’s
business to Farmmi.

 

(v)      The
compensation paid to Employee by Farmmi has included all the consideration for Employee to perform the covenants in Paragraph 8(a).

 

(vi)     Employee
warrants that, unless Employee has stated to Farmmi in writing, Employee’s usage or disclosure of any confidential information
during employment with Farmmi does not violate any confidentiality agreement between Employee and any previous employer or other
party. No matter if Employee is bound by such confidentiality agreement, Employee shall not disclose it to Farmmi, or solicit Farmmi
to use any confidential information of Employee’s any previous employer or other party.

 

 

(b)     Non-Compete.

 

(i)       Employee acknowledges that, during
the course of his employment, Employee will be granted access to and may develop or assist in developing Farmmi’s Confidential
Information and goodwill. Employee recognizes and agrees that in light of his extensive access to and knowledge of such Confidential
Information and in order to protect Farmmi’s goodwill with its customers, Farmmi has a reasonable and legitimate interest
in protecting itself from unfair competition as set forth in subsection (ii).

 

(ii)       Non-Compete Period is the course
of employment with Farmmi and a period of two (2) years after Employee’s employment
with Farmmi ceases (whether voluntarily or involuntarily and for whatever reason) . During the Non-Compete Period, Employee
shall not, on his own behalf or on behalf of any other person or entity, compete with Farmmi by engaging in
a position where Employee holds any registered or beneficial ownership/stock interest, or as its employee, consultant, management,
director or other capacity, holds any interest of any company or entity that competes with
the goods and services provided by Farmmi, or helps or assists such company by any way; (ii) usurp business opportunities provided
by other parties to Farmmi, use Farmmi’s resources to create any business opportunity for himself; take commission fee related
to Farmmi’s transactions, sign contracts or conduct transactions with Farmmi without proper approval under internal rules
of Farmmi; or conduct other actions detrimental to Farmmi’s interests and/or competitive position, (iii) use any of Farmmi’s
names, any other name that Farmmi uses to operate business, or any similar name, or use such name to build or create any entrepreneur
entity, organization or domain name, or use it in any other way without written consent of Farmmi, or (iv) call himself employee
of Farmmi or related with Farmmi in any way, after termination of his employment with Farmmi. This restriction shall only
apply within any geographic area serviced by Employee for Farmmi at any time during the one (1) year period preceding Employee’s
termination of employment.

 

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(iii)     During the Non-Compete Period,
if Employee continues performing all the covenants in Paragraph 8(b), Farmmi will pay Employee compensation. The calculation of
such compensation is: if Employee continues performing non-compete covenant within twenty (24) months after the termination of
employment, Farmmi will pay Employee compensation equaling to six (6) months of base salary
prior to the termination of employment and pay it month by month. Employee confirms that such compensation is enough and reasonable.
Employee further agrees that Farmmi has the right at its sole discretion to choose to pay consideration for Employee to perform
the covenants in Paragraph 8(b), or choose to cease payment of consideration to waive Employee’s covenants in Paragraph 8(b).
Farmmi has the right at its sole discretion to require Employee to continue to perform the non-compete covenant (but
the term shall not exceed 24 months after the termination of the employment).

 

(iv)     The benefits
obtained (including already obtained or agreed to obtain) by Employee through conducting restricted actions in the Non-Compete
Period shall belong to Farmmi.

 

(c)     Non-Solicitation
of Customers. Employee specifically agrees that, at all times during his employment with
Farmmi and for a period of two (2) years Employee will not solicit or offer to any Customer of Farmmi any goods or services that
compete with the goods or services provided by Farmmi. For purposes of this Agreement, the term “Customer” means: (i)
any person or entity that contracted with Farmmi for goods or services at any time during the twelve (12) month period preceding
the Employee's termination of employment; and (ii) any person or entity to whom Farmmi made a proposal or presentation for the
provision of goods or services at any time during the six (6) month period preceding Employee’s termination of employment.
Except as set forth in Paragraph 8(b), this restriction is not intended to prohibit Employee from providing goods or services to
persons or entities who are not Customers of Company.

 

(d)     Non-Solicitation
of Employees. Employee specifically agrees that, at all times during his employment with Farmmi and for a period of two (2)
years after Employee’s employment with Farmmi ceases (whether voluntarily or involuntarily and for whatever reason), Employee
shall not, on Employee’s own behalf or on behalf of any other person or entity, hire, recruit, solicit for employment, or
assist in solicitation or hiring any other employee who works for Farmmi. This includes, but is not limited to: (i) providing to
any such prospective employer the identities of any of Farmmi’s employees; (ii) providing to any such prospective employer
information about the quantity of work, quality of work, special knowledge, or personal characteristics of any person who is still
employed at the Farmmi at the time such information is provided; and/or (iii) assisting any of Farmmi’s employees in obtaining
employment with any such prospective employer through the dissemination of resumes and applications, or otherwise. Employee also
specifically agrees that he will not provide the information set forth in subparts (i), (ii), or (iii) above to any prospective
employer during interviews preceding possible employment.

 

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(e)     Intellectual
Property.

 

(i)       Employee
agrees to disclose to Farmmi all inventions, ideas, works of authorship and other trade secrets made, developed and/or conceived
by him and arising out of Employee’s employment at all times during his employment with Farmmi and for a period of one (1)
year.

 

(ii)      Employee
further agrees that all such inventions, ideas, works of authorship and other trade secrets made shall be “works made for
hire” and that Farmmi shall be deemed the author thereof under the U.S. Copyright Act or other applicable law, and all work
product is and shall be free from any claim or retention of rights thereto on the part of Employee.

 

(iii)     In
any event and at any time, Employee hereby irrevocably assigns to Farmmi any and all right, title interest in such inventions,
ideas, works of authorship and other trade secrets made, including any and all patents and/or copyrights in connection with any
of the foregoing, and agrees to do any and all acts necessary, and sign any and all instruments, which Farmmi may request to secure
all rights related to the foregoing in the United States or in any foreign country.

 

(iv)     By
exhibit to this Agreement, Employee lists all inventions he owns, including the ones he invents by himself and the ones he invents
with others. All the inventions, completed prior to the employment with Farmmi, and owned by Employee, or although owned by third
party but Employee can use within the scope of agreement, are called Prior Inventions. If no exhibit discloses such inventions,
it deems that Employee states such Prior Invention does not exist. If, during his employment with Farmmi, Employee uses any Prior
Invention on products, service, procedure, or machine equipment of Farmmi, Farmmi automatically gets non-exclusive, free, irrevocable,
permanent and global license (including sublicensing to others through different levels of sublicense) to produce, modify, use
and sell such Prior Invention. In light of the foregoing, Employee agrees that, without prior written consent of Farmmi, Employee
shall not use any Prior Invention which has been used on Farmmi’s products or service, or authorize others to use.

 

(v)      During
his employment with Farmmi, Employee confirms the compensation paid from Farmmi to Employee fully covers the work for enforcing
the invention, such as proposal of concept, creation, development, improvement or simplification. Employee represents to give up
all legal priority rights to apply patent or trademark, rights to transfer any invention or technology products, and rights to
claim or challenge the ownership of “works made for hire.”

 

(vi)     Employee
acknowledges and agrees that the covenants and rights in Paragraph 8(e) will be effective for an indefinite period, and will not
be restricted by the termination of employment with Farmmi.

 

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(f)      Return
of Company Property.

 

Upon the request of Farmmi or upon the termination
of Employee’s employment with Farmmi for any reason, Employee shall return to Farmmi: (a) all Confidential Information; (b)
all other records, designs, patents, business plans, financial statements, manuals, memoranda, lists, correspondence, reports,
records, charts, advertising materials, and other data or property delivered to or compiled by Employee by or on behalf of Farmmi
or its operating subsidiaries, or their representatives, vendors, or customers that pertain to Farmmi’s business, whether
in paper, electronic, or other form; and (c) all keys, credit cards, computers, telephones, PDA’s, equipment, and other property
of Farmmi. Employee shall not retain or cause to be retained any copies of the foregoing. Employee hereby agrees that all of the
foregoing shall be and remain the property of Farmmi, and be subject, at all times to its discretion and control.

 

(g)     Enforcement.

 

(i)       Employee and Farmmi have examined
in detail the covenants and restrictions set forth in Paragraph 8 (including all subsections) of this Agreement and agree that
the restraints imposed upon Employee are reasonable in light of the legitimate interests of Farmmi and are not unduly restrictive
of Employee’s ability to earn a living following the termination of his employment.

 

(ii)      Employee understands and agrees
that the covenants and restrictions set forth in Paragraph 8 (including all subsections) of this Agreement survive the termination
of his employment (regardless of the reason) and remain binding and enforceable against him according to the restrictions’
respective terms.

 

(iii)     If any of the covenants contained
in Paragraph 8 (including all subsections) of this Agreement are held by a court or other enforcement authority to be overly broad
by reason of time period, geography or scope, the court shall modify any time period, geography or scope deemed overly broad to
the maximum time period, geography or scope that such court or other enforcement authority finds reasonable and enforceable in
light of all the circumstances present at the time such determination is made and this Agreement shall be deemed to be amended
at such time to reflect such determination.

 

(iv)     Employee agrees that a breach
by him of any of the covenants and restrictions set forth in Paragraph 8 (including all subsections) of this Agreement will result
in irreparable injury to Farmmi for which a remedy at law shall be insufficient. Employee agrees that in the event of a breach
or threatened breach of such covenants, Farmmi shall be entitled to temporary, preliminary, and permanent injunctive relief without
the need to prove irreparable harm and without the necessity of placing a bond for such injunction. The application of any form
of injunctive relief shall not make any other legal or equitable remedy unavailable.

 

(v)      In
the event that the Employee is found by a court or other enforcement authority to have breached any of the covenants and restrictions
set forth in Paragraph 8 (including all subsections) of this Agreement, then the time periods set forth in such restrictions, if
any, shall automatically be extended by the length of time which Employee shall have been in breach of any of said provisions.

 

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9.       Survival
of Obligations. All obligations of Employee that by their nature involve performance after the expiration or termination of
Employee’s employment with Farmmi, or that cannot be ascertained to have been fully performed until after the expiration
or termination of Employee’s employment with Farmmi, shall survive the expiration or termination of this Agreement. Except
as otherwise specifically provided in this Agreement, all of Farmmi’s obligations under this Agreement will terminate at
the time this Agreement or Employee’s employment with Farmmi is terminated for any reason.

 

10.     Notice.
Any notice, request, consent or communication under this Agreement shall be effective only if it is in writing and personally
delivered or sent by certified mail, return receipt requested, postage prepaid, or by a nationally recognized overnight delivery
service, with delivery confirmed, addressed as follows:

 

	If to Farmmi:	Farmmi, Inc.
	 	No. 307, Tianning Industrial Area
	 	Lishui, Zhejiang Province
	 	People’s Republic of China 323000
	 	 
	With a Copy to:	Anthony W. Basch
	 	Kaufman & Canoles, P.C.
	 	Two James Center, 14th Floor
	 	1021 E. Cary St.
	 	Richmond, VA 23219
	 	 
	If to Employee:	Jun Zhou
	 	Farmmi, Inc.
	 	No. 307, Tianning Industrial Area
	 	Lishui, Zhejiang Province
	 	People’s Republic of China 323000

 

or such other persons and/or addresses as shall be furnished
in writing by any party to the other party, and shall be deemed to have been given only upon its delivery in accordance with this
Paragraph 10.

 

11.     No
Conflicts. Employee represents and warrants to Farmmi that neither the execution nor delivery of this Agreement, nor the performance
of Employee’s obligations hereunder will conflict with, or result in a breach of, any term, condition, or provision of, or
constitute a default under, any obligation, contract, agreement, covenant or instrument to which Employee is a party or under which
Employee is bound, including, but not limited to, the breach by Employee of a fiduciary duty to any former employers.

 

12.     Defined
Terms. A term defined in any part of this Agreement shall have the defined meaning wherever the term is used in this Agreement.

 

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13.     Assignment.

 

(a)     This
Agreement may be assigned by Farmmi to any successor, subsidiary or affiliated entity or in connection with sale, merger, or consolidation
of Farmmi with another entity. Additionally, this Agreement shall be deemed to have been assigned without any further action on
the part of Farmmi to a successor entity in the event of a sale, merger, or consolidation of Farmmi. Such assignment may
occur without prior notice to Employee and without the provision of any additional consideration to Employee.

 

(b)     Employee
understands and agrees that the duties and obligations of Employee under this Agreement are personal in nature and cannot be assigned,
in whole or in part, by Employee.

 

14.     Waiver.

 

(a)     Any
failure of any party on one or more occasions to enforce or require the strict keeping and performance of any of the terms and
conditions of this Agreement shall not constitute a waiver of such terms and conditions of this Agreement, shall not constitute
a waiver of such term or condition at any future time, and shall not prevent any party from insisting on the strict keeping and
performance of such terms and conditions at a later time.

 

(b)     The
existence of any claim or cause of action of the Employee against Farmmi, whether predicated upon an alleged breach of this Agreement
or otherwise, shall not relieve Employee of his obligations under this Agreement and shall not constitute a defense to the enforcement
by Farmmi of any provision of this Agreement, including but not limited to the covenants contained in Paragraph 8 of this Agreement.

 

15.     Governing
Law. This Agreement is deemed to have been entered into in China and shall be construed and interpreted at all times and in
all respects in accordance with the laws of China without regard to the principles of conflicts of laws, and jurisdiction and venue
for any action relating in any manner to this Agreement shall be in a court of competent jurisdiction located in or having jurisdiction
over China.

 

16.     Attorneys’
Fees. In the event there is any litigation to enforce this Agreement, the prevailing party will be awarded its/his costs,
expenses, and reasonable attorneys’ fees.

 

17.     Severability.
In the event that any provision of this Agreement shall be determined by a court or tribunal having proper jurisdiction to be invalid,
or illegal, or unenforceable, the remainder of this Agreement shall not be affected but shall continue in full force and effect
as though such invalid, illegal or unenforceable provision were not originally part of this Agreement.

 

18.     Amendment.
This Agreement may not be amended or modified except by an agreement in writing signed by all the parties hereto.

 

19.     Construction
of Agreement. Each party to this Agreement agrees and acknowledges that no presumption, inference, or conclusion of any kind
shall be made or drawn against the drafter or drafter(s) of this Agreement. Each party to this Agreement also agrees and acknowledges
that he/it has contributed to the final version of this Agreement through comments and negotiations.

 

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20.     Headings.
The headings used in this Agreement are for convenience only and shall not be used to construe or interpret the meaning or intent
of any provision.

 

21.     Entire
Agreement. This Agreement represents and contains the entire agreement and understanding between the parties with respect
to the terms and conditions of this Agreement and supersedes any and all prior and contemporaneous written and oral agreements,
understandings, representations, inducements, promises, warranties, and conditions between the parties, including but not limited
to the employment agreement dated March 7, 2017, with respect to the terms and conditions of this Agreement. No agreement, understanding,
representation, inducement, promise, warranty or condition of any kind with respect to the terms and conditions of this Agreement
shall be relied upon by either party unless expressly incorporated herein.

 

22.     Counterparts.
This Agreement may be executed in any number of counterparts, each of which shall be deemed to be an original and all of which
shall constitute one agreement that is binding upon both of the parties hereto, notwithstanding that both parties are not signatories
to the same counterpart.

 

[Signature page follows]

 

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IN
WITNESS WHEREOF, the parties have executed this Employment Agreement with the Effective Date indicated above:

 

	 	 	Farmmi, Inc.  
	 	 	 
	 	 	 
	Jun Zhou     		 By: Yefang Zhang   
	 		Title: CEO
	 	 	 
	Date: August 6, 2020		Date: August 6, 2020

 

    12Exhibit 4.16 

 

Agreement

 

Party A: Zhejiang FLS Mushroom Co., Ltd.

 

Party B: Jingning Liannong Trading Co., Ltd.

 

Party A is an leading agricultural enterprise engaged in professional
processing and sales of edible fungus, and Party B is a professional production base (professional cooperatives, family farms and
professional plantation larger growers) of edible fungus. In order to guarantee the quality safety of products, practically implement
the quality responsibilities of products, and protect the legitimate rights of consumers, the following agreements are reached
for cooperation after friendly negotiation based on the reciprocal principle of both parties.

 

	I.	Cooperation Mode:

 

	1.	Both parties are an equal interests community for the win-win cooperation mode of “Base + Enterprise + Market”, i.e., Party B is responsible for production and Party A is responsible for processing, sales and market development;

 

	2.	Party A is responsible for market development, propaganda, marketing and Party B, as the production base of Party A, is responsible for providing safe and qualified products;

 

	3.	Each party acts as the platform for the other party and any party operates and manages affairs independently within its own respective range and is not responsible for the other;

 

	4.	For projects jointly applied by both parties , each party arranges its own project fund pursuant to its responsibility. The achievements are to be shared by both parties.

 

	II.	Production:

 

	1.	Party B organizes and manages production according to the local actual situation by itself;

 

	2.	Party B accepts guidance and counseling from local industrial authorities and technical institutions, produces according to standard rules and regulations, and keeps records and files of agricultural issues for the whole process according to the requirements on product traceability, so as to guarantee the safety of production;

 

	3.	Party B is responsible for reporting the annual production information to Party A.

 

	III.	Purchase

 

	1.	In principle, all products of Party B shall be supplied to Party A. Only products with species and specifications not needed by Part A can be sold by other channels;

 

     

     

    

 

	2.	Products provided by Party B must meet the relevant quality standards and requirements on species and specifications of Party A;

 

	3.	If further processing is required for preliminary products, Party B must process according to the requirements of Party A;

 

	4.	Any party shall inform the other party in advance of the product specifications required (produced) for the other party to get ready for supply (purchase);

 

	5.	Party B is required to provide legitimate Produce Purchase/Sale Certificate.

 

	IV.	Price:

 

	1.	Party A shall purchase with a price 3% higher than the market price (price of the day in local market).

 

	V.	Settlement

 

	1.	For each batch of purchase, Party A shall pay a deposit of 20% of the total product amount. The balance shall be paid up upon delivery.

 

	2.	It is to be negotiated under special circumstances.

 

	VI.	Rights and Obligations:

 

	1.	Rights and Obligations of Party A

 

	1.1	Is responsible for providing technical guidance and staff training for production of Party B;

 

	1.2	Can set up signs and signboards at Party B’s place; Party A can use Party B’s resources for marketing and propaganda, and organize merchants and clients for visiting, etc.;

 

	1.3	Shall give advice on easily sellable species to Party B based on the market conditions;

 

	1.4	Can check the base management at any time, conduct sampling inspection from time to time, and give correction requirements on existing problems;

 

	1.5	Must guarantee the timely payment;

 

     

     

    

 

	2.	Rights and Obligations of Party B

 

	2.1	Assure product quality;

 

	2.2	Provide Product Inspect Report when product is purchased;

 

	2.3	Entertain merchants and clients (Expenses arising hereof shall be borne by Party A);

 

	2.4	Other issues entrusted by Party A;

 

	VII	Liability for Breach of Contract

 

	1.	Party B is responsible for product quality before product supply and Party A is responsible for product quality after product supply;

 

	2.	If this agreement fails to be implemented due to force majeure, it is terminated and any party is not responsible for the losses of the other party.

 

	VIII	Miscellaneous

 

1. If branches and affiliates of Party A have business relationships
with Party B, branches and affiliates of Party A are deemed as Party A and have the same rights and obligations of Party A;

 

2. In case of any change of the base, Party B must inform Party
A in time;

 

3. The term of this agreement is 3 years. It is to be renewed
or to be negotiated otherwise upon expiration.

 

4. It is to be negotiated by both parties for issues not covered
in this agreement.

 

5. Both parties agree to negotiate on any dispute arising from
this agreement. And if the negotiation fails, any party can institute legal proceedings against the other party to the people’s
court where Party A resides.

 

6. This agreement is entered by and between Party A and Party
B upon signing and stamping. This agreement is made in duplicate with one copy held by each party.

 

Party A: Zhejiang FLS Mushroom Co., Ltd.

 

Party B: Jingning Liannong Trading Co., Ltd.

 

Signing Date: March 29, 2019

 

[This page is left blank for signing and stamping only]

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