Document:

SERVICES AGREEMENT

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Exhibit 10.2
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SLIFKA ENTITIES
SERVICES AGREEMENT
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THIS SLIFKA ENTITIES SERVICES AGREEMENT (the “Agreement”) is made and entered into as of January 1, 2021 by and among (i) on the one hand, those entities (which may include corporations,  limited liability companies, limited partnerships and trusts) that (a) own limited partner and/or general partner interests in Global Partners LP, a Delaware limited partnership (“Global Partners”), as more particularly set forth on the signature page hereto, and (b) are controlled by any of Richard Slifka, Eric Slifka and/or Andrew Slifka (collectively, the “Slifka Entities”), and (ii) on the other hand, Global Partners.  The Slifka Entities and Global Partners are sometimes hereinafter referred to each as a “Party” and collectively as the “Parties”.
W I T N E S S E T H:
WHEREAS, Global Partners (through its subsidiaries) previously provided certain tax, accounting, treasury and legal services (“Services”) to certain Slifka Entities pursuant to that certain Second Amended and Restated Services Agreement dated as of March 11, 2015 (the “Second A&R Services Agreement”), which Second A&R Services Agreement was terminated by the parties thereto effective as of December 31, 2020; and
WHEREAS, Global Partners is willing to provide the Services to the Slifka Entities, and the Slifka Entities desire to receive such Services from Global Partners, all upon the terms and subject to the conditions herein contained; 
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NOW, THEREFORE, in consideration of the mutual covenants and agreements hereinafter set forth, and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the Slifka Entities and Global Partners hereby agree as follows:
1.Services.   Global Partners hereby agrees to provide to the Slifka Entities the Services during the Service Period (defined below).  The Services shall include, without limitation, accounting, treasury, tax and legal support services.  The Services shall be rendered at such times as are reasonably requested by the Slifka Entities, giving due regard to Global Partners’ operations and other responsibilities.  The Services may not be expanded except in accordance with Paragraph 9 of this Agreement.
2.Service Period. Global Partners shall provide the Services to  the Slifka Entities for such period of time as they shall mutually agree (the “Service Period”); provided, however, either Party may terminate some or all of the Services upon ninety (90) days advance written notice.
3.Compensation.  The Parties may agree upon a specified monthly amount to be paid by the Slifka Entities to Global Partners (the “Monthly Services Fee”), which Monthly Services Fee shall be subject to approval by the Conflicts Committee of Global Partners LP (the “Conflicts Committee”) and reviewed and approved annually by the Parties hereto (subject to an accelerated review in the event of the occurrence of a material change) and amended in order to more accurately and equitably reflect the actual services rendered.  For calendar year 2021, the 

Parties have agreed upon, and the Conflicts Committee has approved, a Monthly Services Fee of One Thousand Six Hundred Sixty Six and 67/100 Dollars ($1,666.67).  As an alternative to any previously agreed upon Monthly Services Fee, upon 30 days prior written notice either Party may elect to cancel the Monthly Services Fee and utilize actual timekeeping records, whereupon Global Partners shall keep timekeeper reports on a monthly basis for time expended on Services, so as to accurately monitor such Services provided for the benefit of the Slifka Entities.  Invoices submitted by Global Partners to the Slifka Entities shall be based upon such records and paid within thirty (30) days of receipt. 
4.Indemnification.  In as much as Global Partners is performing the Services on an at cost basis and not for the purpose of making a profit, the Slifka Entities shall indemnify and hold harmless Global Partners and its officers, directors, employees, members, agents and representatives (collectively, the “Global Partners Indemnitees”) from and against any and all losses, liabilities, damages, claims, and expenses (including reasonable attorneys’ fees and expenses) suffered or incurred by any Global Partners Indemnitee which arise out of or are related to any action of Global Partners or any of its employees taken while performing Services for the benefit of, or on behalf of, the Slifka Entities except to the extent that such losses, liabilities, damages, claims, and expenses are caused by the gross negligence or willful misconduct of Global Partners or any of its employees or agents.
5.Relationship of the Parties.  Global Partners is retained by the Slifka Entities only for the purposes and to the extent set forth in this Agreement, and shall serve the Slifka Entities solely as an independent contractor.  Global Partners shall have no authority to enter into agreements or commitments on behalf of the Slifka Entities or to bind the Slifka Entities in any respect, except as expressly authorized in writing by the Slifka Entities.  Global Partners shall not be entitled to receive any payments from the Slifka Entities by way of compensation, expenses, reimbursements or otherwise in respect of the Services, except for the reimbursement to be paid as set forth herein.  Nothing contained herein shall be construed as making either Party, or any of its employees, an employee, officer, director or owner of any other Party hereto.
6.Waivers and Consents.  The terms and provisions of this Agreement may be waived, or consent for the departure therefrom granted, only by a written document executed by the Slifka Entities and Global Partners.  No such waiver or consent shall be deemed to be or shall constitute a waiver or consent with respect to any other terms or provisions of this Agreement, whether or not similar.  Each such waiver or consent shall be effective only in the specific instance and for the purpose for which it was given.
7.Notices.  All notices, requests, consents and other communications hereunder shall be in writing, shall be addressed to the receiving Party’s address set forth below or to such other address as a Party may designate by notice hereunder, and shall be either (a) delivered by hand, (b) sent by overnight courier, or (c) sent by certified or registered mail, return receipt requested, postage prepaid.

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If to Global Partners:Global Partners LP
800 South Street, Suite 500
P.O. Box 9161
Waltham, Massachusetts  02454-9161
Attention:  Chief Accounting Officer and General Counsel 
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and
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if to the Slifka Entities:
[Name of Slifka Entity]
c/o Global Partners LP
800 South Street, Suite 500
P.O. Box 9161
Waltham, Massachusetts  02454-9161
Attention:  Richard Slifka, Eric Slifka and/or Andrew Slifka (as        their interests may appear)
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All notices, requests, consents and other communications hereunder shall be deemed to have been received:  (a) if by hand, at the time of the delivery thereof to the receiving party at the address of such party set forth above; (b) if sent by overnight courier, on the next day following the day such mailing is made (or in the case that such mailing is made on a Friday, Saturday or on the day before a legal holiday, on the immediately following business day); or (c) if sent by certified or registered mail, return receipt requested, on the date indicated as the receipt date on such returned receipt, or on the 5th day following the time of such mailing thereof to such address (or in the case that such 5th day is a Saturday, Sunday or a legal holiday, on the immediately following business day), if a receipt is not returned.
8.Successors and Assigns.  This Agreement may not be assigned in whole or in part without the written consent of all of the non-assigning Parties.  This Agreement shall be binding upon and inure to the benefit of the Slifka Entities and Global Partners, and each of their respective successors and permitted assigns.
9.Entire Agreement/Amendment.  This Agreement constitutes the entire agreement among the Parties with respect to the subject matter hereof and except as otherwise provided herein, supersedes all prior agreements or understandings written or oral in respect thereof.  This Agreement may be amended or modified at any time or from time to time only by a written instrument signed by the Parties hereto.
10.Enforcement.  The provisions of this Agreement shall be regarded as divisible, and if any of said provisions or any part hereof are declared invalid or unenforceable by a court of competent jurisdiction, the validity and enforceability of the remainder of such provisions or parts hereof and the applicability thereof shall not be affected thereby.
11.Governing Law.  This Agreement and the rights and obligations hereunder shall be governed by and construed in accordance with the laws of the Commonwealth of Massachusetts, without giving effect to the conflict of laws principles thereof.

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13.Headings.  The paragraph headings contained herein are for convenience and reference only and shall not be given effect in the interpretation of any term or condition of this Agreement.
14.Counterparts.  This Agreement may be executed (i) in counterparts, each of which shall be deemed an original and all of which together shall be deemed one and the same instrument, and (ii) by facsimile or .pdf, and each facsimile and/or .pdf signature will have the same effect as an original signature.
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[REMAINDER OF PAGE INTENTIONALLY BLANK]

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IN WITNESS WHEREOF, the Parties have executed this Agreement as of the day and year first above written.
LAREA HOLDINGS, LLCGLOBAL PARTNERS LP
By:Global GP LLC,
its general partner
By: /s/ Eric Slifka_______________
       Eric Slifka, PresidentBy:/s/ Edward J. Faneuil_______
Edward J. Faneuil
Executive Vice President
LAREA HOLDINGS II, LLC
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By: /s/ Richard Slifka_______________
       Richard Slifka, President
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CHELSEA TERMINAL LIMITED 
PARTNERSHIP
By:Chelsea Terminal Corp., 
its general partner
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By: /s/ Richard Slifka_______________
       Richard Slifka, President
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AS MONTELLO IRREVOCABLE
TRUST
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By: /s/ Eric Slifka_______________
       Eric Slifka, Trustee
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RS MONTELLO IRREVOCABLE
TRUST
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By: /s/ Edward J. Faneuil_______________
Edward J. Faneuil, Trustee
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OTHER SLIFKA FAMILY TRUSTS
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By:/s/ Eric Slifka_______________
           Eric Slifka, Trustee, as applicable
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By:/s/ Richard Slifka_______________
           Richard Slifka, Trustee, as applicable
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By:     /s/ Andrew Slifka_______________
           Andrew Slifka, Trustee, as applicable

​Exhibit
10.1

 

EMPLOYMENT
AGREEMENT

 

This
Employment Agreement (this “Agreement”)
is made as of May 6th, 2021 (the “Effective Date”) between Shineco, Inc., with an address of Room 1001,
Building T5, DaZu Square, Daxing District, Beijing, People’s Republic of China 100176 (“Company”),
and Ou Yang, with an address at [**] (“Employee”) (Company and Employee are each a “Party”
and collectively the “Parties”).

 

Whereas,
Employee is experienced in general management, including finance, investment, strategic planning, and corporate governance; and

 

Whereas,
Company desires to retain Employee to provide general management services and Employee agrees to provide such services, in accordance
with the terms and conditions set forth in this Agreement;

 

Now,
Therefore, in consideration of the premises,
mutual covenants, terms, and conditions contained herein, and for other good and valuable consideration, the receipt and sufficiency
of which is hereby acknowledged, the Parties hereby agree as follows:

 

1.
Services. Employee shall serve as an executive officer and her title shall be Chief Executive Officer. Employee
will provide general management services to Company, as further described in Attachment A - (the “Services”).
Employee shall provide such services as Company may reasonably request.

 

2.
Appointment; Term. Company hereby appoints Employee and Employee hereby accepts appointment as Chief Executive Officer,
subject to the terms and conditions of this Agreement. The term of this Agreement shall commence on the Effective Date and shall
continue for twelve (12) months (the “Term”).

 

3.
Use of Company Facilities, Equipment. Employee shall have a dedicated workspace or equipment at Company offices
and shall not have set hours for the performance of the Services. Company may authorize use of certain Company facilities and
services, including, but not limited to, use of temporary office space and Company equipment related to authorized projects, as
long as such use does not interfere with the day-to-day operations of Company.

 

4.
Ownership of Work Product. All work product developed by Employee, in whole or in part, either alone or jointly
with others, during the Term and any subsequent renewal term, which may relate in any manner to the actual or anticipated business,
work, research, or development of Company, or which result, to any extent, from the Services performed by Employee for Company,
or use of Company’s Confidential Information (as defined below), will be the sole property of Company.

 

5.
Compensation. As consideration for the Services, Company shall pay Employee a base salary of USD$120,000 per annum
(before tax), paid in periodic installments in accordance with the Company’s regular payroll practices commencing on the
date hereof, subject to annual review and approval of Compensation Committee of the Board of directors.

 

6.
Expenses. Company shall promptly reimbursement Employee for all reasonable and approved expenses incurred in the
ordinary course of providing services outlined in this Agreement. Reimbursable expenses shall not be limited to but shall include
reasonable costs of airfare, hotels, business meals when traveling, and mileage reimbursement. Employee shall provide a formal
accounting of all expenses including receipts on a monthly basis for approval and payment.

 

7.
Termination. This Agreement shall automatically renew unless terminated by either Party. This Agreement may be terminated
upon mutual written consent of the Employee and Company. At any time after the twelve (12) months hereof, Employee may terminate
this Agreement upon thirty (30) days’ prior written notice to Company. Company may terminate this Agreement (i) without
prior notice and without further obligation for reasons of just cause (e.g., fraud, theft, conviction of a felony, improper
or dishonest action or significant acts of misconduct) on the part of Employee or any of Employee’s agents providing services
to Company, and (ii) without just cause upon thirty (30) days’ written notice to Employee. This Agreement shall automatically
terminate upon the death of Employee. In the event of the termination of this Agreement, Company shall pay Employee the base salary
through the date of termination and compensate Employee according to the laws of China, if applicable.

 

    	 

    	 

    

 

8.
Notices. Any notice or other communication required or which may be given hereunder shall be in writing and shall
be delivered personally, electronically, telecopied or sent by certified, registered or express mail, postage prepaid, to the
Parties at the following addresses or at such other addresses as shall be specified by the Parties by like notice, and shall be
deemed given when so delivered personally, electronically, telecopied or if mailed, five (5) days after the date of mailing, as
follows:

 

If
to Company:

 

[**]

Or
through electronic mail at [**]

Attn:
Yuying Zhang

 

If
to Employee:

 

Ou
Yang

[**]

Or
through electronic mail at [**]

 

9.
Confidentiality; Non-Solicitation.

 

A.
Employee shall keep secret and retain the confidential nature of all Confidential Information (as defined herein) belonging to
Company and take such other precautions with respect thereto as Company, in its sole discretion, may reasonably request. Employee
shall not at any time, whether before or after the termination of this Agreement, use, copy, disclose or make available any Confidential
Information (as defined herein) to any corporation, governmental body, individual, partnership, trust or other entity (a “Person”);
except that Employee may use, copy or disclose to any Person any Confidential Information (as defined herein) (i) to the extent
required in the performance of the Services, (ii) to the extent it becomes publicly available through no fault of Employee, and
(iii) to the extent Employee is required to do so pursuant to applicable law or court order.

 

B.
For purposes of this Agreement, “Confidential Information” shall mean all information pertaining to the affairs and
operations of Company that is not generally available to the public and that Company desires to keep confidential, including,
but not limited to, trade secrets, inventions, financial information, information as to customers, clients or patients, and suppliers,
sales and marketing information, and all documents and other tangible items relating to or containing any such information. Employee
acknowledges that the Confidential Information is vital, sensitive, confidential and proprietary to Company.

 

C.
All Confidential Information disclosed or made available by Company to Employee shall at all times remain the personal property
of Company and all documents, lists, plans, proposals, records, electronic media or devices and other tangible items supplied
to Employee that constitute or contain Confidential Information shall, together with all copies thereof, and all other property
of Company, be returned to Company immediately upon termination of this Agreement for whatever reason or sooner upon demand.

 

D.
Notwithstanding the foregoing, nothing in this Agreement shall (i) prohibit Employee from making reports of possible violations
of federal law or regulation to any governmental agency or entity in accordance with the provisions of and rules promulgated under
Section 21F of the Securities Exchange Act of 1934 or Section 806 of the Sarbanes-Oxley Act of 2002, or of any other whistleblower
protection provisions of state or federal law or regulation, or (ii) require notification or prior approval by Company of any
reporting described in clause (i).

 

E.
Pursuant to The Defend Trade Secrets Act (18 USC § 1833(b)), Employee may not be held criminally or civilly liable under
any federal or state trade secret law for disclosure of a trade secret: (i) made in confidence to a government official, either
directly or indirectly, or to an attorney, solely for the purpose of reporting or investigating a suspected violation of law;
and/or (ii) in a complaint or other document filed in a lawsuit or other proceeding, if such filing is made under seal. Additionally,
Employee, if suing Company for retaliation based on the reporting of a suspected violation of law, may disclose a trade secret
to her attorney and use the trade secret information in the court proceeding, so long as any document containing the trade secret
is filed under seal and Employee does not disclose the trade secret except pursuant to court order.

 

    	 

    	 

    

 

F.
Employee acknowledges that a breach of the provisions of this Section 9 shall cause irreparable harm to Company for which it will
have no adequate remedy at law. Employee agrees that Company may, in its sole discretion, obtain from a court of competent jurisdiction
an injunction, restraining order or other equitable relief in favor of itself restraining Employee from committing or continuing
any such violation. Any right to obtain an injunction, restraining order or other equitable relief hereunder will not be deemed
a waiver of any right to assert any other remedy which Company may have in law or in equity.

 

G.
Additionally, during the Term, Employee shall not induce or solicit Company’s employees, agents, Employees, contractors,
clients, and customers away from Company on its behalf or on behalf of any other company or person. Employee agrees that this
Section 9, the scope of the territory covered, the actions restricted thereby, and the duration of such covenant are reasonable
and necessary to protect the legitimate business interests of Company.

 

H.
The confidentiality and non-solicit obligations set forth herein shall survive for a period of twelve (12) months after the termination
or expiration of this Agreement.

 

10.
Indemnification. Employee and Company shall mutually indemnify, defend (with counsel chosen by Company), and hold
each other harmless from and against any and all claims, losses, damages, liabilities, actions, costs and expenses, including,
but not limited to, reasonable legal fees and expenses, paid or incurred by the other party and arising directly and indirectly
out of: (i) any breach of this Agreement by either party, (ii) any breach by either party of written policies or standards for
Company or (iii) any other act or omission of either party.

 

11.
Miscellaneous.

 

A.
Tax Withholding. Company may withhold from Employee any amounts payable under this Agreement such federal, state, or local
taxes as shall be required to be withheld pursuant to any applicable law or regulation.

 

B.
Governing Law; Jurisdiction and Venue. This Agreement shall be governed and controlled as to validity, enforcement, interpretation,
construction, effect, and in all other respects by the laws of China. In the event that any legal proceedings are commenced in
any court with respect to any matter arising under this Agreement, Employee and Company hereto specifically consent and agree
that the venue of any such action shall be in the courts of Beijing and each of Employee and Company hereby waive any claim that
such venue is an inconvenient forum for the resolution of such proceeding.

 

C.
Entire Agreement. This Agreement constitutes the entire agreement of the Parties hereto and supersedes any prior agreement
or understanding, whether oral or written, between the Parties hereto with respect to the subject matter hereof.

 

D.
Waivers and Amendments. This Agreement may not be amended or modified otherwise than by a written agreement executed by
the Parties. No delay on the part of any Party in exercising any right, power or privilege hereunder shall operate as a waiver
thereof, nor shall any waiver on the part of any Party of any right, power or privilege hereunder, nor any single or partial exercise
of any right, power or privilege hereunder preclude any other or further exercise thereof or the exercise of any other right,
power or privilege hereunder.

 

E.
Assignment. This Agreement may not be assigned by either Party without the prior written consent of a duly authorized officer
of the other Party. The merger or consolidation of a Party, or the sale of all or substantially all of the assets or shares of
a Party hereto, shall not be deemed an assignment of this Agreement.

 

F.
Headings. The headings in this Agreement are for reference purposes only and shall not in any way affect the meaning or
interpretation of this Agreement.

 

G.
Severability. If any term, provision, covenant or restriction of this Agreement, or any part thereof, is held by a court
of competent jurisdiction of any foreign, federal, state, county or local government or any other governmental, regulatory or
administrative agency or authority to be invalid, void, unenforceable or against public policy for any reason, the remainder of
the terms, provisions, covenants and restrictions of this Agreement shall remain in full force and effect and shall in no way
be affected, impaired or invalidated.

 

H.
Counterparts. This Agreement may be executed in one or more counterparts, including by means of facsimile or email, each
of which shall be deemed an original and all of which together shall constitute one and the same instrument.

 

[Signature
page follows.]

 

    	 

    	 

    

 

In
Witness Whereof, the Parties have entered
into this Employment Agreement as of the Effective Date set forth above.

 

	 	Shineco,
    Inc.
	 	 
	 	By:	/s/
    Yuying Zhang
	 	Name:	Yuying
    Zhang 
	 	Title:	Chairman
    of the Board
	 	 
	 	Employee
	 	 
	 	 	/s/
    Ou Yang
	 	Name:	Ou
    Yang

 

    	 

    	 

    

 

Exhibit
A – Services

 

	●	General
    Management of Company
	●	Oversee
    daily operation
	●	Strategic
    planning and execution of plans
	●	Monitoring
    performance
	●	Communicate
    with Board of Directors
	●	Work
    with Company team and consultant on investor relation.

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