Document:

EX-4.8

 EXHIBIT 4.8 

SHOTSPOTTER, INC. 

AND 

                    , AS
WARRANT AGENT 
 FORM OF DEBT SECURITIES

 WARRANT AGREEMENT 

DATED AS OF
                     

 SHOTSPOTTER, INC. 

FORM OF DEBT SECURITIES WARRANT AGREEMENT 

THIS DEBT SECURITIES WARRANT AGREEMENT (this
“Agreement”), dated as of                      between SHOTSPOTTER, INC.,
a Delaware corporation (the “Company”) and                     , a [corporation] [national banking association] organized and
existing under the laws of                      and having a corporate trust office in
                    , as warrant agent (the “Warrant Agent”). 

WHEREAS, the Company has entered into an indenture dated as of
                     (the “Indenture”), with
                    , as trustee (such trustee, and any successors to such trustee, herein called the “Trustee”), providing
for the issuance from time to time of its debt securities, to be issued in one or more series as provided in the Indenture (the “Debt Securities”); 

WHEREAS, the Company proposes to sell [If Warrants are sold with other securities—title of such other
securities being offered] (the “Other Securities”) with] warrant certificates evidencing one or more warrants (the “Warrants” or, individually, a “Warrant”) representing the
right to purchase [title of Debt Securities purchasable through exercise of Warrants] (the “Warrant Debt Securities”), such warrant certificates and other warrant certificates issued pursuant to this Agreement being herein
called the “Warrant Certificates”; and 
 WHEREAS, the Company desires the Warrant Agent to
act on behalf of the Company, and the Warrant Agent is willing so to act, in connection with the issuance, registration, transfer, exchange, exercise and replacement of the Warrant Certificates, and in this Agreement wishes to set forth, among other
things, the form and provisions of the Warrant Certificates and the terms and conditions on which they may be issued, registered, transferred, exchanged, exercised and replaced. 

NOW, THEREFORE, in consideration of the premises and of the mutual agreements herein contained, the
parties hereto agree as follows: 
 ARTICLE 1 

ISSUANCE OF WARRANTS AND EXECUTION AND DELIVERY OF WARRANT CERTIFICATES 

1.1    Issuance of Warrants. [If Warrants alone—Upon issuance, each Warrant Certificate
shall evidence one or more Warrants.] [If Other Securities and Warrants—Warrant Certificates will be issued in connection with the issuance of the Other Securities [but shall be separately transferable and each Warrant Certificate
shall evidence one or more Warrants.] Each Warrant evidenced thereby shall represent the right, subject to the provisions contained herein and therein, to purchase one Warrant Debt Security. [If Other Securities and
Warrants—Warrant Certificates will be issued with the Other Securities and each Warrant Certificate will evidence                     
Warrants for each [$         principal amount] [                 shares] of Other Securities]. 

  
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 1.2    Execution and Delivery of Warrant Certificates.
Each Warrant Certificate, whenever issued, shall be in registered form substantially in the form set forth in Exhibit A hereto, shall be dated the date of its countersignature by the Warrant Agent and may have such letters, numbers, or other
marks of identification or designation and such legends or endorsements printed, lithographed or engraved thereon as the officers of the Company executing the same may approve (execution thereof to be conclusive evidence of such approval) and as are
not inconsistent with the provisions of this Agreement, or as may be required to comply with any law or with any rule or regulation made pursuant thereto or with any rule or regulation of any securities exchange on which the Warrants may be listed,
or to conform to usage. The Warrant Certificates shall be signed on behalf of the Company by any of its present or future chief executive officers, presidents, senior vice presidents, vice presidents, chief financial officers, chief legal officers,
treasurers, assistant treasurers, controllers, assistant controllers, secretaries or assistant secretaries under its corporate seal reproduced thereon. Such signatures may be manual or facsimile signatures of such authorized officers and may be
imprinted or otherwise reproduced on the Warrant Certificates. The seal of the Company may be in the form of a facsimile thereof and may be impressed, affixed, imprinted or otherwise reproduced on the Warrant Certificates. 

No Warrant Certificate shall be valid for any purpose, and no Warrant evidenced thereby shall be exercisable, until such Warrant Certificate
has been countersigned by the manual signature of the Warrant Agent. Such signature by the Warrant Agent upon any Warrant Certificate executed by the Company shall be conclusive evidence that the Warrant Certificate so countersigned has been duly
issued hereunder. 
 In case any officer of the Company who shall have signed any of the Warrant Certificates either manually or by
facsimile signature shall cease to be such officer before the Warrant Certificates so signed shall have been countersigned and delivered by the Warrant Agent, such Warrant Certificates may be countersigned and delivered notwithstanding that the
person who signed Warrant Certificates ceased to be such officer of the Company; and any Warrant Certificate may be signed on behalf of the Company by such persons as, at the actual date of the execution of such Warrant Certificate, shall be the
proper officers of the Company, although at the date of the execution of this Agreement any such person was not such officer. 
 The term
“holder” or “holder of a Warrant Certificate” as used herein shall mean any person in whose name at the time any Warrant Certificate shall be registered upon the books to be maintained by the Warrant Agent for that purpose. 

1.3    Issuance of Warrant Certificates. Warrant Certificates evidencing the right to purchase Warrant Debt
Securities may be executed by the Company and delivered to the Warrant Agent upon the execution of this Warrant Agreement or from time to time thereafter. The Warrant Agent shall, upon receipt of Warrant Certificates duly executed on behalf of the
Company, countersign such Warrant Certificates and shall deliver such Warrant Certificates to or upon the order of the Company. 

  
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 ARTICLE 2 

WARRANT PRICE, DURATION AND EXERCISE OF WARRANTS 

2.1    Warrant Price. During the period specified in Section 2.2, each Warrant shall, subject to the
terms of this Warrant Agreement and the applicable Warrant Certificate, entitle the holder thereof, to purchase the principal amount of Warrant Debt Securities specified in the applicable Warrant Certificate at an exercise price of
    % of the principal amount thereof [plus accrued amortization, if any, of the original issue discount of the Warrant Debt Securities] [plus accrued interest, if any, from the most recent date from which interest shall have
been paid on the Warrant Debt Securities or, if no interest shall have been paid on the Warrant Debt Securities, from the date of their initial issuance.] [The original issue discount ($         for each
$1,000 principal amount of Warrant Debt Securities) will be amortized at a     % annual rate, computed on a[n] [semi-] annual basis [using a 360-day year consisting of twelve 30-day months].] Such purchase price for the Warrant Debt Securities is referred to in this Agreement as the “Warrant Price.” 

2.2    Duration of Warrants. Each Warrant may be exercised in whole or in part at any time, as specified
herein, on or after [the date thereof] [        ] and at or before [        ] p.m., [City] time, on          or such later date
as the Company may designate by notice to the Warrant Agent and the holders of Warrant Certificates mailed to their addresses as set forth in the record books of the Warrant Agent (the “Expiration Date”). Each Warrant not
exercised at or before [        ] p.m., [City] time, on the Expiration Date shall become void, and all rights of the holder of the Warrant Certificate evidencing such Warrant under this Agreement shall cease.

 2.3    Exercise Of Warrants. 

(a)    During the period specified in Section 2.2, the Warrants may be exercised to purchase a whole number of
Warrant Debt Securities in registered form by providing certain information as set forth on the reverse side of the Warrant Certificate and by paying in full, in lawful money of the United States of America, [in cash or by certified check or
official bank check in New York Clearing House funds] [by bank wire transfer in immediately available funds] the Warrant Price for each Warrant Debt Security with respect to which a Warrant is being exercised to the Warrant Agent at its corporate
trust office, provided that such exercise is subject to receipt within five business days of such payment by the Warrant Agent of the Warrant Certificate with the form of election to purchase Warrant Debt Securities set forth on the reverse side of
the Warrant Certificate properly completed and duly executed. The date on which payment in full of the Warrant Price is received by the Warrant Agent shall, subject to receipt of the Warrant Certificate as aforesaid, be deemed to be the date on
which the Warrant is exercised; provided, however, that if, at the date of receipt of such Warrant Certificates and payment in full of the Warrant Price, the transfer books for the Warrant Debt Securities purchasable upon the exercise of such
Warrants shall be closed, no such receipt of such Warrant Certificates and no such payment of such Warrant Price shall be effective to constitute the person so designated to be named as the holder of record of such Warrant Debt Securities on such
date, but shall be effective to constitute such person as the holder of record of such Warrant Debt Securities for all purposes at the opening of business on the next succeeding day on which the transfer books for the Warrant Debt Securities
purchasable upon the exercise of such Warrants shall be opened, and the certificates for the Warrant Debt Securities in respect of which such Warrants are then exercised shall be issuable as of the date on such next succeeding day on which the
transfer books shall next be opened, and until such date the Company shall be under no duty to deliver any certificate for such Warrant Debt Securities. The Warrant Agent shall deposit all funds received by it in payment of the Warrant Price in an
account 

  
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of the Company maintained with it and shall advise the Company by telephone at the end of each day on which a payment for the exercise of Warrants is received of the amount so deposited to its
account. The Warrant Agent shall promptly confirm such telephone advice to the Company in writing. 
 (b)    The
Warrant Agent shall, from time to time, as promptly as practicable, advise the Company of (i) the number of Warrant Debt Securities with respect to which Warrants were exercised, (ii) the instructions of each holder of the Warrant
Certificates evidencing such Warrants with respect to delivery of the Warrant Debt Securities to which such holder is entitled upon such exercise, (iii) delivery of Warrant Certificates evidencing the balance, if any, of the Warrants for the
remaining Warrant Debt Securities after such exercise, and (iv) such other information as the Company or the Trustee shall reasonably require. 

(c)    As soon as practicable after the exercise of any Warrant, the Company shall issue, pursuant to the
Indenture, in authorized denominations, to or upon the order of the holder of the Warrant Certificate evidencing such Warrant, the Warrant Debt Securities to which such holder is entitled, in fully registered form, registered in such name or names
as may be directed by such holder. If fewer than all of the Warrants evidenced by such Warrant Certificate are exercised, the Company shall execute, and an authorized officer of the Warrant Agent shall manually countersign and deliver, a new Warrant
Certificate evidencing Warrants for the number of Warrant Debt Securities remaining unexercised. 
 (d)    The
Company shall not be required to pay any stamp or other tax or other governmental charge required to be paid in connection with any transfer involved in the issue of the Warrant Debt Securities, and in the event that any such transfer is involved,
the Company shall not be required to issue or deliver any Warrant Debt Securities until such tax or other charge shall have been paid or it has been established to the Company’s satisfaction that no such tax or other charge is due. 

(e)    Prior to the issuance of any Warrants there shall have been reserved, and the Company shall at all times
through the Expiration Date keep reserved, out of its authorized but unissued Warrant Debt Securities, a number of shares sufficient to provide for the exercise of the Warrants. 

ARTICLE 3 
 OTHER
PROVISIONS RELATING TO RIGHTS OF HOLDERS OF WARRANT 
 CERTIFICATES 

3.1    No Rights As Holders of Warrant Debt Securities Conferred By Warrants or Warrant Certificates. No
Warrant Certificate or Warrant evidenced thereby shall entitle the holder thereof to any of the rights of a holder of Warrant Debt Securities, including, without limitation, the right to receive the payment of principal of (or premium, if any) or
interest, if any, on the Warrant Debt Securities or to enforce any of the covenants in the Indenture. 

3.2    Lost, Stolen, Mutilated or Destroyed Warrant Certificates. Upon receipt by the Warrant Agent of
evidence reasonably satisfactory to it and the Company of the ownership of and 

  
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the loss, theft, destruction or mutilation of any Warrant Certificate and/or indemnity reasonably satisfactory to the Warrant Agent and the Company and, in the case of mutilation, upon surrender
of the mutilated Warrant Certificate to the Warrant Agent for cancellation, then, in the absence of notice to the Company or the Warrant Agent that such Warrant Certificate has been acquired by a bona fide purchaser, the Company shall execute, and
an authorized officer of the Warrant Agent shall manually countersign and deliver, in exchange for or in lieu of the lost, stolen, destroyed or mutilated Warrant Certificate, a new Warrant Certificate of the same tenor and evidencing Warrants for a
like principal amount of Warrant Debt Securities. Upon the issuance of any new Warrant Certificate under this Section 3.2, the Company may require the payment of a sum sufficient to cover any tax or other governmental charge that may be imposed
in relation thereto and any other expenses (including the fees and expenses of the Warrant Agent) in connection therewith. Every substitute Warrant Certificate executed and delivered pursuant to this Section 3.2 in lieu of any lost, stolen or
destroyed Warrant Certificate shall represent an additional contractual obligation of the Company, whether or not the lost, stolen or destroyed Warrant Certificate shall be at any time enforceable by anyone, and shall be entitled to the benefits of
this Agreement equally and proportionately with any and all other Warrant Certificates duly executed and delivered hereunder. The provisions of this Section 3.2 are exclusive and shall preclude (to the extent lawful) all other rights and
remedies with respect to the replacement of mutilated, lost, stolen or destroyed Warrant Certificates. 

3.3    Holder Of Warrant Certificate May Enforce Rights. Notwithstanding any of the provisions of this
Agreement, any holder of a Warrant Certificate, without the consent of the Warrant Agent, the Trustee, the holder of any Warrant Debt Securities or the holder of any other Warrant Certificate, may, in such holder’s own behalf and for such
holder’s own benefit, enforce, and may institute and maintain any suit, action or proceeding against the Company suitable to enforce, or otherwise in respect of, such holder’s right to exercise the Warrants evidenced by such holder’s
Warrant Certificate in the manner provided in such holder’s Warrant Certificates and in this Agreement. 

3.4    Merger, Sale, Conveyance or Lease. In case of (a) any share exchange, merger or similar
transaction of the Company with or into another person or entity (other than a share exchange, merger or similar transaction in which the Company is the acquiring or surviving corporation) or (b) the sale, exchange, lease, transfer or other
disposition of all or substantially all of the properties and assets of the Company as an entirety (in any such case, a “Reorganization Event”), then, as a condition of such Reorganization Event, lawful provisions shall be
made, and duly executed documents evidencing the same from the Company’s successor shall be delivered to the holders of the Warrants, so that such successor shall succeed to and be substituted for the Company, and assume all the Company’s
obligations under, this Agreement and the Warrants. The Company shall thereupon be relieved of any further obligation hereunder or under the Warrants, and the Company as the predecessor corporation may thereupon or at any time thereafter be
dissolved, wound up or liquidated. Such successor or assuming entity thereupon may cause to be signed, and may issue either in its own name or in the name of the Company, any or all of the Warrants issuable hereunder which heretofore shall not have
been signed by the Company, and may execute and deliver securities in its own name, in fulfillment of its obligations to deliver Warrant Debt Securities upon exercise of the Warrants. All the Warrants so issued shall in all respects have the same
legal rank and benefit under this Agreement as the Warrants theretofore or thereafter issued in accordance with the terms of this Agreement as though all of such Warrants 

  
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had been issued at the date of the execution hereof. In any case of any such Reorganization Event, such changes in phraseology and form (but not in substance) may be made in the Warrants
thereafter to be issued as may be appropriate. The Warrant Agent may receive a written opinion of legal counsel as conclusive evidence that any such Reorganization Event complies with the provisions of this Section 3.4. 

3.5    Notice To Warrantholders. In case the Company shall (a) effect any Reorganization Event or
(b) make any distribution on or in respect of the [title of Warrant Debt Securities] in connection with the dissolution, liquidation or winding up of the Company, then the Company shall mail to each holder of Warrants at such holder’s
address as it shall appear on the books of the Warrant Agent, at least ten days prior to the applicable date hereinafter specified, a notice stating the date on which such Reorganization Event, dissolution, liquidation or winding up is expected to
become effective, and the date as of which it is expected that holders of [title of Warrant Debt Securities] of record shall be entitled to exchange their shares of [title of Warrant Debt Securities] for securities or other property deliverable upon
such Reorganization Event, dissolution, liquidation or winding up. No failure to mail such notice nor any defect therein or in the mailing thereof shall affect any such transaction. 

ARTICLE 4 
 EXCHANGE AND
TRANSFER OF WARRANT CERTIFICATES 
 4.1    Exchange and Transfer of Warrant Certificates. Upon
surrender at the corporate trust office of the Warrant Agent, Warrant Certificates evidencing Warrants may be exchanged for Warrant Certificates in other denominations evidencing such Warrants or the transfer thereof may be registered in whole or in
part; provided that such other Warrant Certificates evidence Warrants for the same aggregate principal amount of Warrant Debt Securities as the Warrant Certificates so surrendered. The Warrant Agent shall keep, at its corporate trust office, books
in which, subject to such reasonable regulations as it may prescribe, it shall register Warrant Certificates and exchanges and transfers of outstanding Warrant Certificates, upon surrender of the Warrant Certificates to the Warrant Agent at its
corporate trust office for exchange or registration of transfer, properly endorsed or accompanied by appropriate instruments of registration of transfer and written instructions for transfer, all in form satisfactory to the Company and the Warrant
Agent. No service charge shall be made for any exchange or registration of transfer of Warrant Certificates, but the Company may require payment of a sum sufficient to cover any stamp or other tax or other governmental charge that may be imposed in
connection with any such exchange or registration of transfer. Whenever any Warrant Certificates are so surrendered for exchange or registration of transfer, an authorized officer of the Warrant Agent shall manually countersign and deliver to the
person or persons entitled thereto a Warrant Certificate or Warrant Certificates duly authorized and executed by the Company, as so requested. The Warrant Agent shall not be required to effect any exchange or registration of transfer which will
result in the issuance of a Warrant Certificate evidencing a Warrant for a fraction of a Warrant Debt Security or a number of Warrants for a whole number of Warrant Debt Securities and a fraction of a Warrant Debt Security. All Warrant Certificates
issued upon any exchange or registration of transfer of Warrant Certificates shall be the valid obligations of the Company, evidencing the same obligations and entitled to the same benefits under this Agreement as the Warrant Certificate surrendered
for such exchange or registration of transfer. 

  
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 4.2    Treatment of Holders of Warrant Certificates. The
Company, the Warrant Agent and all other persons may treat the registered holder of a Warrant Certificate as the absolute owner thereof for any purpose and as the person entitled to exercise the rights represented by the Warrants evidenced thereby,
any notice to the contrary notwithstanding. 
 4.3    Cancellation of Warrant Certificates. Any Warrant
Certificate surrendered for exchange, registration of transfer or exercise of the Warrants evidenced thereby shall, if surrendered to the Company, be delivered to the Warrant Agent and all Warrant Certificates surrendered or so delivered to the
Warrant Agent shall be promptly canceled by the Warrant Agent and shall not be reissued and, except as expressly permitted by this Agreement, no Warrant Certificate shall be issued hereunder in exchange therefor or in lieu thereof. The Warrant Agent
shall deliver to the Company from time to time or otherwise dispose of canceled Warrant Certificates in a manner satisfactory to the Company. 

ARTICLE 5 
 CONCERNING
THE WARRANT AGENT 
 5.1    Warrant Agent. The Company hereby appoints
                     as Warrant Agent of the Company in respect of the Warrants and the Warrant Certificates upon the terms and subject to the
conditions herein set forth, and                      hereby accepts such appointment. The Warrant Agent shall have the powers and authority granted
to and conferred upon it in the Warrant Certificates and hereby and such further powers and authority to act on behalf of the Company as the Company may hereafter grant to or confer upon it. All of the terms and provisions with respect to such
powers and authority contained in the Warrant Certificates are subject to and governed by the terms and provisions hereof. 

5.2    Conditions of Warrant Agent’s Obligations. The Warrant Agent accepts its obligations herein set
forth upon the terms and conditions hereof, including the following to all of which the Company agrees and to all of which the rights hereunder of the holders from time to time of the Warrant Certificates shall be subject: 

(a)    Compensation and Indemnification. The Company agrees promptly to pay the Warrant Agent the
compensation to be agreed upon with the Company for all services rendered by the Warrant Agent and to reimburse the Warrant Agent for reasonable out-of-pocket expenses
(including reasonable counsel fees) incurred without negligence, bad faith or willful misconduct by the Warrant Agent in connection with the services rendered hereunder by the Warrant Agent. The Company also agrees to indemnify the Warrant Agent
for, and to hold it harmless against, any loss, liability or expense incurred without negligence, bad faith or willful misconduct on the part of the Warrant Agent, arising out of or in connection with its acting as Warrant Agent hereunder, including
the reasonable costs and expenses of defending against any claim of such liability. 
 (b)    Agent for the
Company. In acting under this Warrant Agreement and in connection with the Warrant Certificates, the Warrant Agent is acting solely as agent of the Company and does not assume any obligations or relationship of agency or trust for or with any of
the holders of Warrant Certificates or beneficial owners of Warrants. 

  
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 (c)    Counsel. The Warrant Agent may consult with counsel
satisfactory to it, which may include counsel for the Company, and the written advice of such counsel shall be full and complete authorization and protection in respect of any action taken, suffered or omitted by it hereunder in good faith and in
accordance with the advice of such counsel. 
 (d)    Documents. The Warrant Agent shall be protected and
shall incur no liability for or in respect of any action taken or omitted by it in reliance upon any Warrant Certificate, notice, direction, consent, certificate, affidavit, statement or other paper or document reasonably believed by it to be
genuine and to have been presented or signed by the proper parties. 
 (e)    Certain Transactions. The
Warrant Agent, and its officers, directors and employees, may become the owner of, or acquire any interest in, Warrants, with the same rights that it or they would have if it were not the Warrant Agent hereunder, and, to the extent permitted by
applicable law, it or they may engage or be interested in any financial or other transaction with the Company and may act on, or as depositary, trustee or agent for, any committee or body of holders of Warrant Debt Securities or other obligations of
the Company as freely as if it were not the Warrant Agent hereunder. Nothing in this Warrant Agreement shall be deemed to prevent the Warrant Agent from acting as Trustee under the Indenture. 

(f)    No Liability for Interest. Unless otherwise agreed with the Company, the Warrant Agent shall have no
liability for interest on any monies at any time received by it pursuant to any of the provisions of this Agreement or of the Warrant Certificates. 

(g)    No Liability for Invalidity. The Warrant Agent shall have no liability with respect to any invalidity
of this Agreement or any of the Warrant Certificates (except as to the Warrant Agent’s countersignature thereon). 

(h)    No Responsibility for Representations. The Warrant Agent shall not be responsible for any of the
recitals or representations herein or in the Warrant Certificates (except as to the Warrant Agent’s countersignature thereon), all of which are made solely by the Company. 

(i)    No Implied Obligations. The Warrant Agent shall be obligated to perform only such duties as are
herein and in the Warrant Certificates specifically set forth and no implied duties or obligations shall be read into this Agreement or the Warrant Certificates against the Warrant Agent. The Warrant Agent shall not be under any obligation to take
any action hereunder which may tend to involve it in any expense or liability, the payment of which within a reasonable time is not, in its reasonable opinion, assured to it. The Warrant Agent shall not be accountable or under any duty or
responsibility for the use by the Company of any of the Warrant Certificates authenticated by the Warrant Agent and delivered by it to the Company pursuant to this Agreement or for the application by the Company of the proceeds of the Warrant
Certificates. The Warrant Agent shall have no duty or responsibility in case of any default by the Company in the performance of its covenants or agreements contained herein or in the Warrant Certificates or in the case of the receipt of any written
demand from a holder of a Warrant Certificate with respect to such default, including, without limiting the generality of the foregoing, any duty or responsibility to initiate or attempt to initiate any proceedings at law or otherwise or, except as
provided in Section 6.2 hereof, to make any demand upon the Company. 

  
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 5.3    Resignation, Removal and Appointment of Successors. 

(a)    The Company agrees, for the benefit of the holders from time to time of the Warrant Certificates, that there
shall at all times be a Warrant Agent hereunder until all the Warrants have been exercised or are no longer exercisable. 

(b)    The Warrant Agent may at any time resign as agent by giving written notice to the Company of such intention
on its part, specifying the date on which its desired resignation shall become effective; provided that such date shall not be less than three months after the date on which such notice is given unless the Company otherwise agrees. The Warrant Agent
hereunder may be removed at any time by the filing with it of an instrument in writing signed by or on behalf of the Company and specifying such removal and the intended date when it shall become effective. Such resignation or removal shall take
effect upon the appointment by the Company, as hereinafter provided, of a successor Warrant Agent (which shall be a bank or trust company authorized under the laws of the jurisdiction of its organization to exercise corporate trust powers) and the
acceptance of such appointment by such successor Warrant Agent. The obligation of the Company under Section 5.2(a) shall continue to the extent set forth therein notwithstanding the resignation or removal of the Warrant Agent. 

(c)    In case at any time the Warrant Agent shall resign, or shall be removed, or shall become incapable of
acting, or shall be adjudged a bankrupt or insolvent, or shall commence a voluntary case under the Federal bankruptcy laws, as now or hereafter constituted, or under any other applicable Federal or state bankruptcy, insolvency or similar law or
shall consent to the appointment of or taking possession by a receiver, custodian, liquidator, assignee, trustee, sequestrator (or other similar official) of the Warrant Agent or its property or affairs, or shall make an assignment for the benefit
of creditors, or shall admit in writing its inability to pay its debts generally as they become due, or shall take corporate action in furtherance of any such action, or a decree or order for relief by a court having jurisdiction in the premises
shall have been entered in respect of the Warrant Agent in an involuntary case under the Federal bankruptcy laws, as now or hereafter constituted, or any other applicable Federal or state bankruptcy, insolvency or similar law, or a decree or order
by a court having jurisdiction in the premises shall have been entered for the appointment of a receiver, custodian, liquidator, assignee, trustee, sequestrator (or similar official) of the Warrant Agent or of its property or affairs, or any public
officer shall take charge or control of the Warrant Agent or of its property or affairs for the purpose of rehabilitation, conservation, winding up or liquidation, a successor Warrant Agent, qualified as aforesaid, shall be appointed by the Company
by an instrument in writing, filed with the successor Warrant Agent. Upon the appointment as aforesaid of a successor Warrant Agent and acceptance by the successor Warrant Agent of such appointment, the Warrant Agent shall cease to be Warrant Agent
hereunder. 
 (d)    Any successor Warrant Agent appointed hereunder shall execute, acknowledge and deliver to
its predecessor and to the Company an instrument accepting such appointment hereunder, and thereupon such successor Warrant Agent, without any further act, deed or conveyance, shall become vested with all the authority, rights, powers, trusts,
immunities, duties and obligations of such predecessor with like effect as if originally named as Warrant Agent hereunder, and such predecessor, upon payment of its charges and disbursements then unpaid, shall thereupon become obligated to transfer,
deliver and pay over, and such successor Warrant Agent shall be entitled to receive, all monies, securities and other property on deposit with or held by such predecessor, as Warrant Agent hereunder. 

  
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 (e)    Any corporation into which the Warrant Agent hereunder may
be merged or converted or any corporation with which the Warrant Agent may be consolidated, or any corporation resulting from any merger, conversion or consolidation to which the Warrant Agent shall be a party, or any corporation to which the
Warrant Agent shall sell or otherwise transfer all or substantially all the assets and business of the Warrant Agent, provided that it shall be qualified as aforesaid, shall be the successor Warrant Agent under this Agreement without the execution
or filing of any paper or any further act on the part of any of the parties hereto. 
 ARTICLE 6 

MISCELLANEOUS 

6.1    Amendment. This Agreement may be amended by the parties hereto, without the consent of the holder of
any Warrant Certificate, for the purpose of curing any ambiguity, or of curing, correcting or supplementing any defective provision contained herein, or making any other provisions with respect to matters or questions arising under this Agreement as
the Company and the Warrant Agent may deem necessary or desirable; provided that such action shall not materially adversely affect the interests of the holders of the Warrant Certificates. 

6.2    Notices and Demands to the Company and Warrant Agent. If the Warrant Agent shall receive any notice
or demand addressed to the Company by the holder of a Warrant Certificate pursuant to the provisions of the Warrant Certificates, the Warrant Agent shall promptly forward such notice or demand to the Company. 

6.3    Addresses. Any communication from the Company to the Warrant Agent with respect to this Agreement
shall be addressed to                     , Attention:
                     and any communication from the Warrant Agent to the Company with respect to this Agreement shall be addressed to ShotSpotter,
Inc., 7979 Gateway Blvd. Suite 210, Newark, California 94560, Attention: Chief Financial Officer (or such other address as shall be specified in writing by the Warrant Agent or by the Company). 

6.4    Governing Law. This Agreement and each Warrant Certificate issued hereunder shall be governed by and
construed in accordance with the laws of the State of New York. 
 6.5    Delivery Of Prospectus. The
Company shall furnish to the Warrant Agent sufficient copies of a prospectus meeting the requirements of the Securities Act of 1933, as amended, relating to the Warrant Debt Securities deliverable upon exercise of the Warrants (the
“Prospectus”), and the Warrant Agent agrees that upon the exercise of any Warrant, the Warrant Agent will deliver to the holder of the Warrant Certificate evidencing such Warrant, prior to or concurrently with the delivery of
the Warrant Debt Securities issued upon such exercise, a Prospectus. The Warrant Agent shall not, by reason of any such delivery, assume any responsibility for the accuracy or adequacy of such Prospectus. 

6.6    Obtaining of Governmental Approvals. The Company will from time to time take all action which may be
necessary to obtain and keep effective any and all permits, consents and approvals of governmental agencies and authorities and securities act filings under United 

  
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States Federal and state laws (including without limitation a registration statement in respect of the Warrants and Warrant Debt Securities under the Securities Act of 1933, as amended), which
may be or become requisite in connection with the issuance, sale, transfer, and delivery of the Warrant Debt Securities issued upon exercise of the Warrants, the issuance, sale, transfer and delivery of the Warrants or upon the expiration of the
period during which the Warrants are exercisable. 
 6.7    Persons Having Rights Under Warrant Agreement.
Nothing in this Agreement shall give to any person other than the Company, the Warrant Agent and the holders of the Warrant Certificates any right, remedy or claim under or by reason of this Agreement. 

6.8    Headings. The descriptive headings of the several Articles and Sections of this Agreement are
inserted for convenience only and shall not control or affect the meaning or construction of any of the provisions hereof. 

6.9    Counterparts. This Agreement may be executed in any number of counterparts, each of which as so
executed shall be deemed to be an original, but such counterparts shall together constitute but one and the same instrument. 

6.10    Inspection of Agreement. A copy of this Agreement shall be available at all reasonable times at the
principal corporate trust office of the Warrant Agent for inspection by the holder of any Warrant Certificate. The Warrant Agent may require such holder to submit his Warrant Certificate for inspection by it. 

  
 12 

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

			
	SHOTSPOTTER, INC., as Company
		
	By:	 	
                     
                                        

	Name:	 	
                     
                                        

	Title:	 	
                     
                                        

		
	ATTEST:	 	
                     
                                         
                   

		 	
                     
                    

	
	COUNTERSIGNED
	
	[WARRANT AGENT], as Warrant Agent
		
	By:	 	
                     
                                        

	Name:	 	
                     
                                        

	Title:	 	
                     
                    

		
	ATTEST:	 	
                     
                                        

		 	
                     
                                        

 [SIGNATURE PAGE TO DEBT SECURITIES WARRANT AGREEMENT] 

  
 13 

 EXHIBIT A 

FORM OF WARRANT CERTIFICATE 

[FACE OF WARRANT CERTIFICATE] 
  

					
	 [Form of Legend if Warrants are not
 immediately
exercisable.]
	  		  	 [Prior to                     ,
Warrants
 evidenced by this Warrant Certificate
 cannot be
exercised.]

 EXERCISABLE ONLY IF COUNTERSIGNED BY THE WARRANT AGENT AS PROVIDED HEREIN 

VOID AFTER [        ] P.M., [        ] TIME, ON
        , 

  
 14 

 SHOTSPOTTER, INC. 

WARRANT CERTIFICATE REPRESENTING 

WARRANTS TO PURCHASE 

[TITLE OF WARRANT DEBT SECURITIES] 
  

					
	No.                     	 		  	Warrants

 This certifies that
                     or registered assigns is the registered owner of the above indicated number of Warrants, each Warrant entitling such owner to
purchase, at any time [after [        ] p.m., [City] time, on          and] on or before [        ] p.m., [City] time, on
        , $         principal amount of [Title of Warrant Debt Securities] (the “Warrant Debt Securities”), of ShotSpotter, Inc. (the “Company”),
issued or to be issued under the Indenture (as hereinafter defined), on the following basis: during the period from                     , through and
including                     , each Warrant shall entitle the Holder thereof, subject to the provisions of this Agreement, to purchase the principal
amount of Warrant Debt Securities stated in the Warrant Certificate at the warrant price (the “Warrant Price”) of     % of the principal amount thereof [plus accrued amortization, if any, of the original
issue discount of the Warrant Debt Securities] [plus accrued interest, if any, from the most recent date from which interest shall have been paid on the Warrant Debt Securities or, if no interest shall have been paid on the Warrant Debt Securities,
from the date of their original issuance]. [The original issue discount ($         for each $1,000 principal amount of Warrant Debt Securities) will be amortized at a
        % annual rate, computed on a[n] [semi-]annual basis [using a 360-day year consisting of twelve 30-day months]. The Holder
may exercise the Warrants evidenced hereby by providing certain information set forth on the back hereof and by paying in full, in lawful money of the United States of America, [in cash or by certified check or official bank check in New York
Clearing House funds] [by bank wire transfer in immediately available funds], the Warrant Price for each Warrant Debt Security with respect to which this Warrant is exercised to the Warrant Agent (as hereinafter defined) and by surrendering this
Warrant Certificate, with the purchase form on the back hereof duly executed, at the corporate trust office of [name of Warrant Agent], or its successor as warrant agent (the “Warrant Agent”), which is, on the date hereof, at
the address specified on the reverse hereof, and upon compliance with and subject to the conditions set forth herein and in the Warrant Agreement (as hereinafter defined). 

The term “Holder” as used herein shall mean the person in whose name at the time this Warrant Certificate shall be registered upon
the books to be maintained by the Warrant Agent for that purpose pursuant to Section 4 of the Warrant Agreement. 
 The Warrants
evidenced by this Warrant Certificate may be exercised to purchase Warrant Debt Securities in the principal amount of $1,000 or any integral multiple thereof in registered form. Upon any exercise of fewer than all of the Warrants evidenced by this
Warrant Certificate, there shall be issued to the Holder hereof a new Warrant Certificate evidencing Warrants for the aggregate principal amount of Warrant Debt Securities remaining unexercised. 

This Warrant Certificate is issued under and in accordance with the Warrant Agreement dated as of
            ,          (the “Warrant Agreement”), between the Company and the Warrant Agent and is subject to the terms and
provisions contained in the Warrant Agreement, to all of which terms and provisions the Holder of this Warrant Certificate consents by acceptance hereof. Copies of the Warrant Agreement are on file at the above-mentioned office of the Warrant Agent.

  
 15 

 The Warrant Debt Securities to be issued and delivered upon the exercise of Warrants
evidenced by this Warrant Certificate will be issued under and in accordance with an Indenture, dated as of             ,          (the
“Indenture”), between the Company and                     , as trustee (such trustee, and any successors to such trustee, the
“Trustee”) and will be subject to the terms and provisions contained in the Warrant Debt Securities and in the Indenture. Copies of the Indenture, including the form of the Warrant Debt Securities, are on file at the
corporate trust office of the Trustee. 
 Transfer of this Warrant Certificate may be registered when this Warrant Certificate is
surrendered at the corporate trust office of the Warrant Agent by the registered owner or such owner’s assigns, in the manner and subject to the limitations provided in the Warrant Agreement. 

After countersignature by the Warrant Agent and prior to the expiration of this Warrant Certificate, this Warrant Certificate may be exchanged
at the corporate trust office of the Warrant Agent for Warrant Certificates representing Warrants for the same aggregate principal amount of Warrant Debt Securities. 

This Warrant Certificate shall not entitle the Holder hereof to any of the rights of a holder of the Warrant Debt Securities, including,
without limitation, the right to receive payments of principal of (and premium, if any) or interest, if any, on the Warrant Debt Securities or to enforce any of the covenants of the Indenture. 

Reference is hereby made to the further provisions of this Warrant Certificate set forth on the reverse hereof, which further provisions shall
for all purposes have the same effect as if set forth at this place. 
 This Warrant Certificate shall not be valid or obligatory for any
purpose until countersigned by the Warrant Agent. 

  
 16 

 IN WITNESS WHEREOF, the Company has
caused this Warrant to be executed in its name and on its behalf by the facsimile signatures of its duly authorized officers. 

Dated:                     

 

			
	SHOTSPOTTER, INC., as Company
		
	By:	 	
                     
                    

	Name:	 	
                     
                    

	Title:	 	
                     
                                        

		
	ATTEST:	 	
                     
                                        

		 	
                     
                    

	
	COUNTERSIGNED
	
	[WARRANT AGENT], as Warrant Agent
		
	By:	 	
                     
                                        

	Name:	 	
                     
                                        

	Title:	 	
                     
                    

		
	ATTEST:	 	
                     
                                        

		 	  

  
 17 

 [REVERSE OF WARRANT CERTIFICATE] 

(Instructions for Exercise of Warrant) 

To exercise any Warrants evidenced hereby for Warrant Debt Securities (as hereinafter defined), the Holder must pay, in lawful money of the
United States of America, [in cash or by certified check or official bank check in New York Clearing House funds] [by bank wire transfer in immediately available funds], the Warrant Price in full for Warrants exercised, to [Warrant Agent] [address
of Warrant Agent], Attention:                     , which payment must specify the name of the Holder and the number of Warrants exercised by such
Holder. In addition, the Holder must complete the information required below and present this Warrant Certificate in person or by mail (certified or registered mail is recommended) to the Warrant Agent at the appropriate address set forth above.
This Warrant Certificate, completed and duly executed, must be received by the Warrant Agent within five business days of the payment. 
 (To
be executed upon exercise of Warrants) 
 The undersigned hereby irrevocably elects to exercise
                     Warrants, represented by this Warrant Certificate, to purchase $         principal
amount of the [Title of Warrant Debt Securities] (the “Warrant Debt Securities”) of ShotSpotter, Inc. and represents that he has tendered payment for such Warrant Debt Securities, in lawful money of the United States of America, [in cash
or by certified check or official bank check in New York Clearing House funds] [by bank wire transfer in immediately available funds], to the order of ShotSpotter, Inc., c/o [insert name and address of Warrant Agent], in the amount of
$         in accordance with the terms hereof. The undersigned requests that said principal amount of Warrant Debt Securities be in fully registered form in the authorized denominations, registered in such
names and delivered all as specified in accordance with the instructions set forth below. 
 If the number of Warrants exercised is less
than all the Warrants evidenced hereby, the undersigned requests that a new Warrant Certificate evidencing the Warrants for the aggregate principal amount of Warrant Debt Securities remaining unexercised be issued and delivered to the undersigned
unless otherwise specified in the instructions below. 
  

							
	Dated:	 	
                     
                                         
                                   
	    	Name:	 	
                 

		 		    		 	Please Print
				
	Address:	 	
                     
                                         
                               
	    		 	
			
	  
	    		 	
		
	  
	 	
	(Insert Social Security or Other Identifying Number of Holder)	    		 	
		
	Signature Guaranteed:                                
                                         
            	 	
		 	Signature	    		 	

  
 18 

 (Signature must conform in all respects to name of holder as specified on the face of this Warrant
Certificate and must bear a signature guarantee by a FINRA member firm). 
 This Warrant
may be exercised at the following addresses: 
  

			
	By hand at:	 	
                     
                    

	
	  

	
	  

		
	By mail at:	 	
                     
                    

	
	  

	
	  

 [Instructions as to form and delivery of Warrant Debt Securities and, if applicable, Warrant Certificates evidencing Warrants
for the number of Warrant Debt Securities remaining unexercised—complete as appropriate.] 

  
 19 

 ASSIGNMENT 

[Form of assignment to be executed if Warrant Holder desires to transfer Warrant] 

FOR VALUE RECEIVED,
                     hereby sells, assigns and transfers unto: 
  

							
	
                     
                   
	 		 	
			
	
                     
                    
	 		 	
			
	
                     
                    
	 		 	
                     

	(Please print name and address including zip code)	 		 	Please print Social Security or other identifying number
	
	the right represented by the within Warrant to purchase $         aggregate principal amount of [Title of Warrant Debt Securities] of ShotSpotter, Inc. to which the within Warrant
relates and appoints                      attorney to transfer such right on the books of the Warrant Agent with full power of
substitution in the premises.
				
	Dated:	 	
                     
                   
	 		 	
                     

		 		 		 	Signature
	
	(Signature must conform in all respects to name of holder as specified on the face of the Warrant)
			
	Signature Guaranteed	 		 	
			
	
                     
                                   
	 		 	

  
 20Exhibit 10.1

  

Dated the 29th day of June 2018

 

 

SHAW MOVIE CITY HONG KONG LIMITED

(Landlord)

 

AND

 

SHARING FILM INTERNATIONAL LIMITED

(Tenant)

 

 

 

TENANCY AGREEMENT

 

	TERM	:	ONE (1) YEAR 
	COMMENCING :	:	1st NOVEMBER
    2018
	EXPIRING	:	31st
    OCTOBER 2019
	PREMISES	:	All That office A, office B, office C,
    flat roof, balcony B and balcony C on the Third Floor of Shaw Moviecity Office Complex of Shaw Movie City situate
    at No. 201 Wan Po Road Tseung Kwan 0 Sai Kung New Territories Kowloon and erected on Tseung Kwan O  Town Lot No.
    85.

 

 

 

Messrs. S. H. Chan & Co. 

Solicitors & Notaries 

Units C-E, 18th Floor

China Overseas Building

139 Hennessy Road

Wanchai

Hong Kong

 

Ref. No.: JT/62319

 

     

     

    

 

THIS AGREEMENT                  is made the                 day of                        Two Thousand
and Eighteen

 

BETWEEN: -

 

	 	(1)	SHAW MOVIE CITY HONG KONG LIMITED, a company incorporated in Hong Kong whose registered office is situate at Lot 220 Clear Water Bay Road, Kowloon, Hong Kong ((hereinafter with their respective successors and assigns where the context so admits collectively called “the Landlord”) of the first part; and

 

	 	(2)	SHARING FILM INTERNATIONAL LIMITED, a company incorporated in Hong Kong with company number 2644889 whose registered office is situated at 604, 6th Floor, Tesbury Centre, 28 Queen’s Road East, Hong Kong (hereinafter called “the Tenant”) of the second part.

 

WHEREBY IT IS AGREED as follows:-

 

	
        Demised Premises 

         

         

         

         

        
	1.	The Landlord shall let and the Tenant shall take ALL THOSE the premises Premises (hereinafter called the “Premises”) known as office A, office B, office C, flat roof, balcony B and balcony C on the THIRD FLOOR of SHAW MOVIECITY OFFICE COMPLEX (hereinafter called the “Building”) of SHAW MOVIE CITY situate at No. 201 Wan Po Road Tseung Kwan O Sai Kung New Territories Kowloon and erected on ALL THAT piece or parcel of ground registered in the Land Registry as TSEUNG KWAN 0 TOWN LOT NO. 85 which the Premises are more particularly described in the First Schedule hereto together with the right for the Tenant its employees  customers servants agents invitees and licensees in common with all other persons having a like right to the use during normal business hours as hereinafter set out:-

 

	Ancillary rights	(1)	the entrances exits staircases lifts landings passages and other areas (whenever the same shall be operating) of the Building intended for common use in so far as the same are necessary for the proper use and enjoyment of the Premises and Subject Always to the right of the manager of the Building and/or the Landlord to restrict the use of all or any of the above for purpose of repair renovation or maintenance and other proper purpose or to re-designate or alter renovate or change the layout or appearance of such common areas;

 

	 	(2)	the entrances exits staircases lifts landings passages and other areas (whenever the same shall be operating) of and within the Building intended for common use in so far as the same are necessary for the proper use and enjoyment of the Premises and Subject Always to the right of the Landlord to restrict the use of all or any of the above for purpose of repair renovation or maintenance and other proper purpose or to re-designate or alter renovate or change the layout or appearance of such common areas;

 

	 	(3)	the water-closets, lavatories and conveniences provided by the Landlord for the use of the Tenant, its staff, customers, servants, invitees and licensees as directed by the Landlord except insofar as the Landlord may from time to time restrict such use.

 

    	 	2	 

     

    

 

	Term, Rent & other charges	2.	The Landlord shall let and the Tenant shall hold the Premises for the term as specified in Part I of the Second Schedule hereto (hereinafter called the “Term”) at the rent hereinafter set out in Part I of the Third Schedule hereto (hereinafter called the “Rent”) exclusive of Government Rent, rates, management fee, utility charges and other charges, if any.

 

	Tenant’s Covenants	3.	The Tenant TO THE INTENT that the
    obligations may continue throughout the tenancy hereby created COVENANTS and AGREES with the Landlord as
    follows:-

 

	Rent	(1)	To pay the rent herein reserved for the whole Term in a lump sum in the manner as set out in Part I of the Third Schedule hereto in advance without any deduction to the Landlord on the day of which the Premises is handover to the Tenant as specified in paragraph 8 of the Sixth Schedule hereto (hereinafter called the “Handover Date”).

 

	Management Fee & other charges	(2)	To pay such charges monthly in advance without any deduction to the Landlord in respect management fee of the Premises (herein after called the “Management Fee”) in accordance with Part II of the Third Schedule hereto. The Landlord shall be entitled to treat non-payment of any amount debited to the Tenant in accordance with the foregoing provisions of this Clause or any part thereof in all respects as non-payment of rent under this Agreement. The management fee in respect of the Premises shall be set out in Part II of the Third Schedule hereto.

 

	Payment of Government Rent and Rates	(3)	(a)	To pay Government Rent and the rates charged on the Premises as assessed by the Government if and when there is an independent assessment of the same on the Premises by the Government, or to pay to the Landlord the sum equivalent to 3% of one month’s rental hereby reserved to the Landlord on monthly basis and in advance as payment of Government Rent and 5% of one month’s rental hereby reserved to the Landlord on a monthly basis and in advance as payment of rates, both subject to adjustment on actual assessment being received from the Government, and also to pay and discharge all taxes assessments duties charges impositions and outgoings of an annual or recurring nature only but excluding those of a capital nature now or hereafter to be imposed or charged on the Premises or upon the owner or occupier in respect thereof by the Government of Hong Kong or other lawful authority (Property Tax alone excepted) and to pay or if the same is already paid by the Landlord to refund to the Landlord on demand in case any of the same are payable assessed imposed raised charged or levied in respect of the Building as a whole or any part thereof (which includes the Premises).

 

	 	(b)	In the event an assessment to Government Rent and/or rates in respect of the Premises shall be raised upon the Landlord direct the Landlord shall during the month immediately preceding any month may fall due be at liberty to debit the Tenant with the amount thereof and the same shall forthwith be paid by the Tenant to the Landlord whereupon the Landlord shall account for the same to the Government of Hong Kong.

 

    	 	3	 

     

    

 

	 	(c)	The Tenant shall pay to the Landlord such sum as specified in Part III of the Third Schedule hereto in settlement of the Government Rent and rates payable by the Tenant in accordance with the foregoing provisions of this Clause.

 

	 	(d)	The Landlord shall be entitled to treat non-payment of any amount debited to the Tenant in accordance with the foregoing provisions of this Clause or any part thereof in all respects as non-payment of rent under this Agreement.

 

	Utilities	(4)	To
pay and discharge all charges in respect of electricity, water, telex gas or fax machines, telephones, air-conditioning system
(if any) and other machines installed by the Tenant upon the Premises or by accounts rendered to the Tenant and other outgoings
now or at any time hereafter consumed by the Tenant and chargeable in respect of the Premises and to pay all necessary deposits
for the same.

 

	Interior Fitting	(5)	(a)	To fit out the interior of the Premises at its own costs
                                      and expenses out and in accordance with such plans and specifications as shall have been
                                      first submitted by the Tenant to and approved in writing by the Landlord in a good and proper
                                      workmanlike fashion using good quality materials and in all respects in a style appropriate
                                      to a first class Film Studio (as defined in the Fifth Schedule hereto) and to maintain
                                      the same throughout the Term in good condition and repair to the satisfaction of the Landlord.

 

		(b)	To submit three (3) full sets of all relevant detail fitting
out plans drawings and specifications of interior finish (including electrical mechanical and building services works) to the
Landlord for approval and not to commence any fitting out works before vacant possession is delivered to the Tenant and before
such plans and drawings are approved by the Landlord in writing. The plans and drawings as aforesaid shall, without limitation:-

 

		(i)	include detailed drawings, plans and specifications for
all partitioning and floor coverings,

		(ii)	include detailed drawings, plans and specifications of
all electrical installations which shall be connected to the electrical systems installed by the Landlord,

		(iii)	include details of any proposed amendments, additions or
alterations to any electrical mechanical or other building services,

		(iv)	comply with all relevant Ordinances, regulations and by-laws
from time to time issued by the Government of Hong Kong.

 

		(c)	All costs (including consultancy fees) incurred by the
Landlord its project architects and E/M consultants for payment to any third party engaged in relation to or in connection with
approving the plans drawings and specifications submitted by the Tenant pursuant to (a) and (b) above shall be borne by the Tenant
absolutely Provided that the cost(s) for such engagement(s) shall be agreed by the Landlord and the Tenant.

 

    	 	4	 

     

    

 

		(d)	To employ or engage a contractor or contractors approved
by the Landlord for the installation and alteration of electrical and mechanical building services and fire prevention works,
air-conditioning system and sprinkler system. The Landlord shall not be responsible or liable in any way for the works carried
out by or the performance of such nominated contractor or contractors or from defects in the design or quality of the fitting
out or otherwise.

 

		(e)	In carrying out any approved work under this Clause or
other provisions of this Agreement, the Tenant shall cause its servants, agents, employees, contractors, licensees and workmen
to cooperate with the Landlord and all servants, agents and workmen of the Landlord. The Tenant shall comply with and cause its
employees customers servants agents invitees or licensees to obey and comply with the Fitting Out Rules (if any) which may be
prescribed by the Landlord and all reasonable instructions and directions which may from time to time be given by the Landlord
and all servants or agents of the Landlord in connection with the carrying out of such works by the Tenant. The Fitting Out Rules
(subject to any amendments by the Landlord from time to time) is attached hereto as Attachment I.

 

		(f)	The cable supply mains and other utility services leading
to the Premises will be provided by the Landlord. The Landlord will not charge the Tenant for any facilities which are already
installed in the Premises before the Premises is handed over to the Tenant and will ensure such facilities are in good order on
the Handover Date. The Tenant agrees that all cable supply mains utility services electrical wiring and other electrical works
inside the Premises shall be carried out at the Tenant’s own costs and expenses and only by the contractor nominated or
approved by the Landlord. The Tenant shall be responsible for the maintenance and reparation of all the cable supply mains utility
services electrical wiring and other electrical works inside the Premises (whether installed by the Landlord or the Tenant) which
are used exclusively by the Tenant throughout the Term.

 

		(g)	The Tenant shall at its own costs and expenses form floorings
to even level.

 

		(h)	The Tenant’s fitting out works shall be conducted
at the sole risk of the Tenant and the Tenant shall, in addition to the insurance requirements on the part of the Tenant to perform
and obtain under the terms of provisions of this Agreement, to effect and maintain before the commencement of the Tenant’s
fitting out works and at the Tenant’s own costs and expense insurances in relation to and cover the Tenant’s fitting
works as so required under all the applicable laws and as the Landlord may reasonably require throughout the whole fitting out
period until the completion of the Tenant’s fitting out works.

 

    	 	5	 

     

    

 

		(i)	The Tenant shall ensure all safety and caution measures
applicable or in relation to the Tenant’s fitting works exist well before and throughout the conduct of the Tenant’s
fitting out works to its completion.

 

		(j)	The Tenant expressly acknowledges that the approval by
the Landlord of the Tenant’s fitting out plans under this sub-clause (5) or otherwise shall not be construed as any warranty
or representation that the Tenant’s fitting out plans (or any part of it) comply with the requirements rules and regulations
of the relevant Government Authorities or any applicable law. It shall be the Tenant’s sole responsibility to obtain all
relevant permission approval or consent in respect of its fitting out in the Premises. The Tenant shall not be entitled to claim
any compensation, extension of Free Occupation Period, reduction of Rent or abatement of Rent by reason of any delay in the grant
of any of aforesaid permission approval or consent.

 

	Interior Repairs	(6)	To maintain and keep all the interior of the Premises
including the flooring and interior plaster or other finishing material and rendering to walls floors and ceiling and the Landlord’s
fixtures and fittings therein including all doors windows electrical installations and wiring in good clean tenantable substantial
and proper repair and condition and properly preserved and painted and made good as may be appropriate when from time to time
required and to so maintain the same at the expense of the Tenant. In particular but without in any way limiting the foregoing,
the Tenant agrees:-

 

	Windows	(a)	to reimburse to the Landlord the cost of replacing
all windows broken or front glass broken which are caused by the act, negligence or misuse of the Tenant or its employees customers
servants agents invitees or licensees; and to reimburse to the Landlord the cost of replacing all windows broken or front glass
broken or damaged by strong winds gales monsoons typhoon or inclement weather which are caused by the negligence or for reason
that the Tenant has not taken reasonable measures against the same. Otherwise, the Landlord will be responsible for replacing
all windows broken or front glasses broken.

 

	Electrical Wiring	(b)	to repair or replace, if so required by the appropriate
supply company, statutory undertaking or authority (as the case may be) under the terms of any electricity supply ordinance for
the time being in force or any governmental regulations, all the electrical wiring installations and fittings with the Premises
and the wiring from the Tenant’s meter or meters to and within the same where such repair or replacement is necessary whether
owing to the neglect or misuse of the Tenant or its employees, customers, servants, agents invitees or licensees but not further
or otherwise.

 

	Fire fighting installations	(c)	to preserve and protect the fire detection and fire
fighting installations installations provided by the Landlord within the Premises against possible damage or unauthorised interference
and to indemnify the Landlord against all costs claims and damages arising from all damage thereto.

 

    	 	6	 

     

    

 

	To execute repairs on receipt of notice	(d)	on receipt of any notices from the Landlord or its authorised representatives specifying any works or repairs which require to be done and which are the responsibility of the Tenant hereunder forthwith to put in hand and execute the same with all possible despatch and without any delay.

 

	Third party Liability for interior defect etc.	(e)	to be wholly responsible for any damage or injury caused to any other person whomsoever directly or indirectly through the defective or damaged condition of any part of the interior of the Premises and to make good the same by payment or otherwise and to indemnify the Landlord against all claims, demands, actions and legal proceedings whatsoever made upon the Landlord by any person in respect thereof.

 

	Compliance with Ordinances	(7)	To obey and comply with and to indemnify the Landlord against the breach of all ordinances, regulations, bye-laws, rules and requirements of any Governmental or other competent authority relating to the conduct and carrying on of the Tenant’s business on the Premises or to any other act, deed, matter or thing done, permitted, suffered or omitted therein or thereon by the Tenant or any employees, customers, servants, agents, invitees or licensees of the Tenant and to notify the Landlord forthwith in writing of any notice received from any statutory or public authority concerning or in respect of the Premises or any services supplied thereto and the approval by or on behalf of the Landlord of plans specifications or proposals relating to fitting out works or alterations to be carried out by the Tenant shall not imply or represent that the Landlord considers that any such matters are in compliance with any of the said ordinances regulations bye-laws, rules and requirements.

 

	Alterations Reinstatement	(8)	Not to make or permit to be made any alterations in or additions to the Premises or to the electrical wiring installations fire detection and fire fighting installations or other Landlord’s fixtures or to install any internal partitions plant apparatus or machinery therein or to cut maim or injure or to suffer to be cut maimed or injured any doors windows walls structural members or other fabric of the buildings of the Building without having first obtained the written licence and consent of the Landlord therefor. If the Tenant wishes to carry out any addition alteration or modification to the Premises including but not limited to demolition of any of the partition wall(s) inside the Premises or alteration of the glass door(s) at the entrance front, the Tenant may, subject to other provisions terms and conditions in this Agreement on fitting-out decoration, alteration and modification of the Premises and the prior approval in writing of the Landlord, remove or demolish the partition wall(s) between the units which form part of the Premises and/or alter the glass door(s) at the entrance front at its sole costs and expenses. In such event, without prejudice to payment of the deposits mentioned in paragraph 5(8) hereof and the Fourth Schedule hereto, the Tenant shall, if required by and upon demand of the Landlord, deposit with the Landlord such sum as the Landlord shall determine to secure the due performance and observance of the Tenant’s obligation during any period of the said approved addition, alteration or modification to the Premises. Provided That on the expiration or sooner determination of the Term the Tenant shall at its sole costs and expenses reinstate in a good and proper workmanlike manner using good quality materials to the entire satisfaction of the Landlord the Premises to a bare shell condition. In such event, the Tenant shall be entitled to the refund of the deposit mentioned in this Clause without interest.

 

    	 	7	 

     

    

 

	Entrance front	(9)	Not to change or in any way vary the entrance front and the entrance doors provided or approved by the Landlord for access to the Premises and not to install locks bolts or other fittings to the said entrance doors additional to those supplied or approved by the Landlord nor in any way to cut nor alter the said entrance doors without having first obtained the written licence and consent of the Landlord.

 

	Not to cut, maim etc.	(10)	Not to cut, maim, injure, drill into, mark or deface or permit or suffer to be cut, maimed, injured, drilled into, marked or defaced any doors, windows, walls beams, structural members or any part of the fabric of the Premises or any of the plumbing or sanitary apparatus or installations included therein.

 

	Lavatories	(11)	To keep at the expense of the Tenant any lavatories and water apparatus (if any) used exclusively by the Tenant or its employees, customers, servants, agents, invitees or licensees in a good clean and tenantable state and in proper repair and condition at all times during the Term to the satisfaction of the Landlord and in accordance with the regulations of the Public Health or other Government authority concerned; and not to install any form of lock to the entrance doors to the said lavatories in addition to those locks installed by the Landlord.

 

	Clearing of drains	(12)	To pay on demand to the Landlord the cost incurred by the Landlord in cleansing and clearing any of the drains choked or blocked up owing to careless use by the Tenant or its employees customers servants agents invitees or licensees.

 

	To employ approved cleaning & security services	(13)	Not to employ any cleaning or security organisation for the rendering of services for or in connection with the Premises unless such organisation shall first have been approved by the Landlord.

 

	Storage of hazardous goods	(14)	Not to use the Premises for the storage of goods or merchandise other than in quantities consistent with the nature of the Tenant’s trade or business nor to keep or store or cause or permit to be kept or stored any inflammable materials or substances extra-hazardous or hazardous goods within the meaning of the Dangerous Goods Ordinance or any enactment replacing the same.

 

	Not to use the words to be determined by the Landlord	(15)	Not to use the name of the Building or any other words to be determined by the Landlord in connection with the business or operations of the Tenant except to indicate the address or location of the Premises nor after the expiration or sooner termination of this tenancy to use the name of the Building or any other words to be determined by the Landlord in any way whatsoever.

 

    	 	8	 

     

    

 

	
         

        Not to keep animals or pets
	(16)	Not to keep or permit or suffer to be kept any animal or pet inside the Premises and to take all such steps and precautions to the satisfaction of the Landlord to prevent the Premises or any part thereof from being infested by termites, rats, mice, cockroaches or any other pests or vermin.

 

	Exterior walls	(17)	Not to paint or to make any alterations or additions of any kind to the outside of the exterior walls of the Premises.

 

	Mechanical
    apparatus	(18)	Not to install any machinery or other mechanical apparatus of any kind on any part of the Premises nor to place on any part of the Premises any object or objects of any kind (including any safe or other object) of a weight in excess of 5 KPa.

 

	Bulky deliveries	(19)	Not to take or allow delivery of furniture fixtures or bulky items of goods and/or equipment in and out of the Building during day time except through the service lifts provided by the Landlord and arrange with the Landlord a suitable time for such deliveries to be effected.

 

	Loading or unloading areas	(20)	To ensure that the Tenant’s employees customers servants agents invitees or licensees do not obstruct those areas of the Building designated as loading or unloading areas and at all times comply with the directions of the Landlord on the proper use of such areas and the delivery of goods generally.

 

	Conduct of  business	(21)	Not to conduct the business of the Tenant in such manner as to prejudice the goodwill and reputation of the Building as a Film Studio and only use the Premises as a Film Studio as defined in the Fifth Schedule hereto.

 

	Display of signs	(22)	Not to affix or display or permit or suffer to be affixed or displayed etc.within or outside the Premises any signboard, sign, decoration, promotion matter or other device whether illuminated or not which may be visible from outside the Premises save that:-

 

	 	(a)	the Tenant shall be entitled to have its name displayed in English and Chinese in uniform lettering or characters designated by the Landlord on the Directory Boards or at such location to be designated/approved by the Landlord, such lettering and characters and any additions or alterations thereto to be placed thereto or to be placed thereon by the Landlord at the Tenant’s expense;

 

	 	(b)	the Tenant shall be entitled at its own expense to have its name affixed in lettering and/or characters approved by the Landlord on a signboard to be displayed outside the Premises but at such location to be approved by the Landlord, such lettering and/or characters thereon and any additions or alterations thereto or thereon to be Obstruction of Outside Windows made by the Landlord at the Tenant’s expense. If the Tenant carries on business under a name other than its own name, it shall notify the Landlord of the name under which its business is carried on and shall be entitled to have that name displayed as aforesaid but the Tenant shall not be entitled to change the business name without the previous written consent of the Landlord.

 

    	 	9	 

     

    

 

	Obstruction of Outside Windows	(23)	Not to block up darken or obstruct or obscure the entrance front window or any other window or lights belonging to the Premises without having obtained consent such consent may be given subject to such reasonable conditions as the Landlord may reasonably impose and shall not be required in respect of such a blocking-up, darkening, obstruction or obscuring for periods not exceeding five consecutive days for the purposes of window-dressing or alterations Provided Always that the Tenant may at its option but with the consent of the Landlord protect such entrance front windows or lights belonging to the Premises by means of “open” or “grilled” type shutters of which the design and use of material to be decided by the Landlord at its sole discretion during the times as the Premises are not open for business.

 

	Typhoon precautions	(24)	To take all reasonable precautions to protect the interior of the Premises from damage threatened by an approaching storm or typhoon including the installation of protective shutters to shop windows where provided.

 

	Soundetc. nuisance	(25)	Not to do or produce or suffer or permit to be done or produced any excessive or unreasonable music noise (including sound produced by broadcasting from Television, Radio or any apparatus or instrument capable of producing or reproducing music and sound) or other acts or things in or on the Premises which is/are or may be a nuisance or annoyance to the Landlord or to the tenants of the Building or neighbouring premises.

 

	User	(26)	Not to use or permit or suffer the Premises or any part thereof to be used for any purpose other than as a Film Studio for the Tenant’s own film business as defined and specified in the Fifth Schedule hereto.

 

	Mis-use	(27)	Not to permit or suffer any part of the Premises to be used for any other purpose except as a Film Studio (as defined in the Fifth Schedule hereto) and not to permit or suffer any part of the Premises to be used for gambling or for any illegal, immoral or, improper purpose or so as to cause or be likely to cause any nuisance, annoyance, inconvenience or danger to the occupiers of adjacent premises or to the neighbourhood.

 

	Food prohibited	(28)	Not to use or allow or permit the Premises to be used of the preparation or consumption of food including that intended to be sold by the Tenant or permit or cause any offensive or unusual odours to be produced upon permeate through or emanate from the Premises.

 

	Sleeping quarters  prohibited
    Watchmen	(29)	Not to allow any person or persons to
    remain in the Premises overnight without the Landlord’s prior permission in writing. In any event such
    permission shall only be given to enable the Tenant to post watchmen to look after the contents of the Premises which shall
    not be used as sleeping quarters or as domestic premises within the meaning of the Landlord and Tenant (Consolidation)
    Ordinance or any enactment replacing consolidating or amending the same which shall be in force for the time
    being.

 

    	 	10	 

     

    

 

	Blocking of  entrances	(30)	Not to place or leave in the entrances
    staircases passages landings or other common areas of the Building any boxes furniture or rubbish or otherwise obstruct the
    same.

 

	Disposal of garbage	(31)	Not to dispose of any garbage or rubbish except in the manner from time to time prescribed by the Landlord and until such time as such garbage is removed from the Building to keep the same securely sealed in containers of a design to be approved by the Landlord.

 

	Enter and view	(32)	To permit the Landlord and its agents with or without workmen or others and with or without appliances at all reasonable times upon reasonable notice being given to the Tenant throughout the Term during business hours (save and except in case of emergency) to enter upon the Premises to view the condition thereof and to take inventories of the fixtures and fittings therein. The Tenant shall make good all defects and wants of repair when found to be the liability of the Tenant within FIFTEEN DAYS from the time of receipt of notice written or verbal from the Landlord (or sooner if required) to amend or make good the same. In the event of emergency, the Landlord and/or its servants or agents may enter the Premises without notice and forcibly, if necessary.

 

	Assignment, sub-letting	(33)	Not to transfer assign sub-let licence share or otherwise part with the possession of the Premises or any part thereof either by way of sub-letting, lending, sharing or other means whereby any person or persons not a party to this Agreement obtains the use or possession of the Premises or any part thereof for all or any part of the Term hereby granted. The tenancy shall be strictly personal to the Tenant named in this Agreement and without in any way limiting the generality of the foregoing, the following acts and events shall, unless approved in writing by the Landlord, be deemed to be breaches of this clause:-

 

	 	(a)	in the case of a tenant which is a partnership, the taking in of one or more new partners whether on the death or retirement of an existing partner or otherwise;

 

	 	(b)	in the case of a tenant who is an individual (including a sole surviving partner of a partnership tenant) the death, insanity or other disability of that individual, to the intent that no right to use, possess, occupy or enjoy the premises or any part thereof shall vest in the executors, administrators, personal representatives, next of kin, trustee or committee of any such individual;

 

	 	(c)	in the case of a tenant which is a corporation any take-over, reconstruction, amalgamation, merger, voluntary liquidation or change in the person or persons who owns or own a majority of its voting shares or who otherwise has or have effective control thereof;

 

    	 	11	 

     

    

 

	 	(d)	the giving by the Tenant of a Power of Attorney or similar authority whereby the donee of the Power of Attorney obtains the right to use, possess, occupy or enjoy the Premises or any part thereof or does in fact use, possess, occupy or enjoy the same;

 

	 	(e)	the holding on trust by the Tenant of the Premises or any part thereof for a third party; or

 

	Change of Business Name	(f)	the change of the Tenant’s business name without the prior written consent of the Landlord, which consent shall not be unreasonably withheld.

 

	Security System	(34)	To ensure that the Tenant’s own security system (if any) within and at the entrance of the Premises is at all times compatible with and linked up, if so required by the Landlord, to the security system (if any) for the Building provided and operated by the Landlord.

 

	Ordinances etc. & government Lease provisions	(35)	To be answerable and responsible for the consequence of any breach of laws, ordinance or governmental regulations by any customer or occupier or visitor to the Premises and not to do anything in contravention of the provisions of the Government Lease under which the Landlord holds the Premises and to indemnify the Landlord against any damage, loss, fine or any other consequences caused by any such breach or contravention.

 

	Observance of Deed of Mutual
    Covenant	(36)	Not to contravene any of the covenants and conditions contained in the Deed of Mutual Covenant (if any) or any Sub-Deed or Sub-Deeds (if any) to be entered pursuant to the terms therein or any other Deed affecting the Premises and to indemnify the Landlord against all losses, claims, costs, damages or expenses arising from any such breach, default or contravention.

 

	Not to use	(37)	Not to use or permit
    or suffer the Premises or any part thereof to be used for any purpose other than a Film Studio (as defined in the Fifth
    Schedule hereto).

 

	
        Insurance policies

         

        Increased premium

        

        

        Void indemnity
	(38)	Not to do or permit to be done any act or thing whereby the policy or policies of insurance on the Premises against damage by fire or claims by third parties for the time being subsisting may become void or voidable or whereby the rate of premium or premia payable under the insurance policy or policies may be increased and to repay the Landlord on demand all sums paid by the Landlord by way of increased premium or premia and all expenses incurred by the Landlord in and about any renewal of such policy or policies rendered necessary by a breach of this clause, and, if and when the policy or policies becomes void or voidable due to a breach of this clause, to indemnify the Landlord against all expenses costs losses and damages which but for the breach of this provision by the Tenant would have been recoverable by the Landlord pursuant to the said policy or policies.

  

    	 	12	 

     

    

 

	
        Negligence

        

        

        

        

        

        

        

         

        Water overflow
	(39)	Save and except due to the act or negligence of the Landlord, to indemnify the Landlord against all claims demands actions and legal proceedings whatsoever made upon the Landlord in respect of any damage or injury to any person whomsoever directly or indirectly caused by the negligence of the Tenant or its employees customers servants agents invitees or licensees or by, or through or in any way owing to the overflow of water from the Premises which is caused by the act, negligence or omission of the Tenant its employees customers servants agents invitees or licensees. Save and except due to the act or negligence of the Landlord, the Landlord shall not be under any liability whatsoever to the Tenant or to any person whomsoever (i) in respect of any loss or damage or loss or business sustained by the Tenant or such other persons aforesaid caused by or through or in any way owing to the escape of fumes smoke fire or any other substance or thing or flooding or leakage or overflow of water from any offices or premises in or any other part of the Building or any construction joint located within the Premises or the influx of rain water or sea water or due to choking of any pipe or drainage in or within the Premises or the Building or caused by the negligence of any tenant of such units or premises or other part of the Building or otherwise and (ii) in respect of any damage or loss of business which may be suffered or sustained by the Tenant or any other person or to any property whatsoever caused by or through or in any way owing to any malfunction defect in or breakdown of the lifts fire and security services or any failure malfunction explosion variation interruption or suspension of electricity or water supply or any other services provided in the Building for any reason whatsoever including negligent or wrongful acts or omissions by independent contractors and the rent or management fee shall not be abated or ceased to be payable on account thereof or (iii) in respect of the security or safekeeping of the Premises or any contents therein and in particular but without prejudice to the generality of the foregoing the provision by the Landlord and/or the manager of watchmen and caretakers or any mechanical or electrical alarm systems (if any) of whatever nature shall not create any obligation on the part of the Landlord as to the security of the Premises or any contents therein and the responsibility for the safety of the Premises and the contents thereof shall at all times rest with the Tenant nor shall the rent and other charges payable hereunder or any part thereof abate or cease to be payable on account of any of the foregoing or (iv) in respect of any loss or damage or loss of business sustained by the Tenant or such other persons aforesaid caused by or through or in any way owing to the activity of termites, roaches, rats, mice or other pests or vermin in the Premises or the Building. Nothing in the aforesaid shall be construed as imposing on the Landlord any duty to insure against any of the above liabilities which the Tenant hereby declares that he shall not in any event hold the Landlord or their agent, servant or employee liable.

 

	Third Party Insurance	(40)	At the discretion of the Landlord, either the Tenant itself at its own expenses, or to permit the Landlord at the Tenant’s expense and in the name of the Tenant:-

 

	 	(a)	to effect and maintain insurance cover to the satisfaction of the Landlord in respect of all such risks as aforesaid with such insurance company as the Landlord shall in its absolute discretion deem fit. The policy of insurance so effected to be endorsed to show the interest of the Landlord therein as landlord of the Premises and to be in such amount as may be determined by the Landlord and to contain a provision that the insurance cover thereby effected and the terms and conditions thereof may not be altered modified restricted or cancelled without the express prior written consent of the Landlord. The amounts covered by the insurance policy as attributable to Third Party Liability shall be not less than HK$20,000,000,00 for any one claim and unlimited cover for the insured period.

 

    	 	13	 

     

    

 

	Other Tenant’s	(b)	to effect and maintain throughout the
    Free Occupation Period (as Insurance herein defined in paragraph 7 of the Sixth Schedule hereto) and throughout the
    Term hereby created with an insurance company of repute adequate insurance cover in the full replacement value thereof in
    respect of the following risks:-

 

	 	(i)	Glass : all glass now or hereafter within or forming part of the Premises;

 

	 	(ii)	Water damage : including without limitation damage to trade fixtures and fittings occurring in respect of the use or misuse of the fire sprinkler system installed in the Premises or the misuse of water therein;

 

	 	(iii)	Fire and extraneous perils : including adequate cover against loss or damage to stock, fixtures and fittings, articles of a decorative nature and personal effects;

 

And the Tenant shall have the
Landlord’s interest as Landlord of the Premises endorsed on the policy of insurance and shall whenever so required by the
Landlord produce the policy of insurance and last premium receipt and a certificate from the said insurance company to confirm
that the said policy is duly paid up and is valid and subsisting.

 

	Vicarious liabilities	(41)	Save and except due to the act or negligence of the Landlord, the Landlord shall not in any way be liable to the Tenant or to any person or persons claiming any right title or interest under the Tenant for any damage loss injury or loss of business whatsoever which may be sustained by the Tenant or by any such person or persons as aforesaid on account of the defective or damaged condition of the Premises or the Landlord’s fixtures therein or any part thereof and the Tenant hereby agrees to indemnify the Landlord against all claims demands actions costs expenses whatsoever made upon the Landlord by any person or persons in respect of the matter aforesaid and further that the Tenant shall be responsible for any damage which may be done to any part of the Premises or to the Landlord’s fixtures and fittings therein AND in particular the Landlord shall not be responsible to the Tenant or any person or persons as aforesaid for any damage whatsoever caused by or through or in any way owing to, save and except due to the act or negligence of the Landlord, any typhoon, landslide, subsidence of the ground, escape of fire, leakage of water or electricity wiring or cables situate in upon or in any way connected with the Building or any part thereof or dropping of cigarette ends, broken pieces of glass or other articles and the escape of water, fire or electricity and vibrations from any or part of the Building or in the neighbourhood.

 

    	 	14	 

     

    

 

	Tenant’s indemnity	(42)	The Tenant hereby agrees and undertakes with the Landlord to indemnify and keep the Landlord fully indemnified from and against all actions proceedings demands costs expenses and claims whatsoever by the tenants and occupiers of the other parts of the Building and any third party in respect of any act or liability caused by or arising from the act, neglect or default (whether wilful or not) of the Tenant or any employee invitee or licensee of the Tenant or any workmen servants or persons who are permitted by the Tenant to be on the Premises or any part thereof.

 

	Yield up	(43)	At the expiration or sooner determination of this tenancy, the Tenant has to deliver up to the Landlord vacant possession of the Premises in good clean and tenantable repair and condition notwithstanding any rule of law or equity to the contrary together with all (or any part of) such fittings fixtures alterations or addition in the Premises (including all, or any part of, the Tenant’s fittings fixtures alterations or addition made in the Premises (whether with or without the consent of the Landlord)) the Landlord in its absolute discretion may be willing to retain but without payment of any compensation for such Tenant’s fittings fixtures alterations or additions and deliver to the Landlord all keys giving access to all parts of the Premises. The Tenant shall if required by the Landlord at the Tenant’s own costs and expenses remove all or any part of the Tenant’s fittings fixtures alterations or additions in or to the Premises or any part thereof and reinstate the Premises to a bare shell condition to the full satisfaction of the Landlord. If the Tenant shall upon commencement of this tenancy have agreed to accept any fittings fixtures alterations or additions which shall have been installed or made by any previous occupiers of the Premises, the Landlord shall have the right to require the Tenant to remove any or all of such fittings fixtures alterations or additions so made prior to the date of commencement of this tenancy and require the Tenant to make good any damage to the Premises caused by the installation or making of such fittings fixtures alterations or additions or its removal as if such fittings fixtures alterations or additions were made by the Tenant during the term of this tenancy.

 

	Tenant’s Association	(44)	Not to form or organise or make any attempt to form or organise any tenant’s organisation, committee, corporation, association or union jointly with any tenants of the Building for whatever objects or purposes.

 

    	 	15	 

     

    

 

	Landlord’s Covenants	4.	The Landlord agrees with the Tenant as follows:-

 

	Quiet enjoyment	(1)	Subject to the Tenant paying the rent and charges set out in Clause 2 hereof and any other charges which may become payable by the Tenant under this Agreement and the Tenant observing and performing the covenants contained in this Agreement to permit the Tenant to have quiet possession and enjoyment of the Premises during the Term without any interruption by the Landlord or any one lawfully claiming under or through or in trust for the Landlord.

 

	Property tax	(2)	To pay the Property Tax in respect of the Premises during the Term.

 

	Repair of roof etc.	(3)	To repair such defects in the roof main drains and waterpipes main walls of the building of which the Premises form part and the lifts therein as the Landlord shall discover or as the Tenant or other authority so authorised by or under the relevant ordinance in Hong Kong for the time being in force shall by notice in writing bring to the attention of the Landlord and to maintain the same in a proper state of repair and condition Provided That the Landlord shall be entitled to be given a reasonable period of time in which to view any such defects and to repair the same and Provided Further that the Landlord shall neither be liable to pay any compensation to the Tenant in respect of any period during which due to the negligent or wrongful acts or omissions by independent contractors or other circumstances beyond the control of the Landlord the proper operation of the said lifts shall be interrupted or interrupted as the result of mechanical failure or need for repair or overhaul, nor shall the Landlord be liable to grant any abatement of rent or other charges to the Tenant as a result of such interruption.

 

	 	5.	It is hereby further expressly MUTUALLY AGREED as follows:-

 

	Re-entry	(1)	If the rent, rates, management fee or other charges or monies herein reserved or any part or parts thereof be unpaid (whether formally demanded or not) for the space of 14 days next after any of the days upon which the same ought to have been paid, or in the case of the breach or non-performance or non-observance of any of the terms and covenants herein contained on the part of the Tenant to be observed and performed and that the Tenant fails to rectify the same within 14 days after a formal written notice has been served by the Landlord on the Tenant specifying such breach or non-performance as aforesaid, and in case of any of the Allotted Shares Default, the Tenant fails to rectify the same in accordance with the requirements set out in paragraph 5(b) of the Sixth Schedule within 14 days after a formal written notice has been served by the Landlord on the Tenant, or if the Tenant (being an individual) shall become bankrupt or if the Tenant (being a company) shall enter into liquidation whether compulsory or voluntary (save for the purpose of amalgamation or reconstruction of a solvent company) or if a receiver shall be appointed thereof or if the Tenant for the time being shall enter into any composition or arrangement with the Tenant’s creditors or shall suffer any distress or execution to be levied on the Tenant’s goods, or the Tenant continues to cause unnecessary annoyance, inconvenience or disturbance to the Landlord after warning in writing has been served by the Landlord on the Tenant and for the purpose of this Clause persistent failure to pay rent as and when it falls due shall be regarded as causing unnecessary inconvenience to the Landlord then and in any such case it shall be lawful for the Landlord at any time thereafter to re-enter into and upon the Premises or any part thereof in the name of the whole whereupon this Agreement shall absolutely be determined AND the deposit paid hereunder shall be forfeited absolutely to the Landlord as and for liquidated damages and not as penalty but without prejudice to the rights and remedies of the Landlord in respect of any breach by the Tenant of the terms of this Agreement. All costs and expenses of and incidental to any demand for rent or any other sum payable under this Agreement or action or distraint for the recovery of the same shall be payable by the Tenant on a full indemnity basis and shall be recoverable from the Tenant as a debt.

 

    	 	16	 

     

    

 

	Uncontrollable contingencies	(2)	If the Premises or any part thereof shall at any time during the Term be destroyed or damaged owing to fire, water, storm, wind, typhoon, defective construction, white ants, earthquake, subsidence of the ground or any calamity beyond the control of the Landlord and not attributable to the act default neglect or omission of the Tenant its servants agents employees contractors or licensees so as to render the Premises unfit for Tenant’s use or the Building at any time during the Term shall be condemned as a dangerous structure or a demolition order or closing order shall become operative in respect of the Building the happening of which is not attributable to the act default neglect or omission of the Tenant its servants agents employees contractors or licensees then the rent hereby reserved or a fair proportion thereof according to the nature and extent of the damage sustained or the order made shall after the expiration of the then current calendar month be suspended until the Premises shall again be reinstated or fit for the use as aforesaid or the said order lifted as the case may be Provided that the Landlord shall not be obliged to reinstate the Premises or the Building or carry out repairs of damage thereto if the Landlord considers it uneconomical or impracticable so to do and that should the Premises or the Building not have been reinstated in the meantime either the Landlord or the Tenant may at any time after three months from the date of occurrence of such damage or the said order give to the other of them notice in writing to determine this tenancy and thereupon the same and everything herein contained shall cease and be of no effect as from the date of such notice but without prejudice to the rights and remedies of either party against the other in respect of any antecedent claim or breach of the agreements stipulations terms and conditions herein contained or of the Landlord in respect of the rent payable hereunder prior to the date of such notice.

 

	Change of Building name	(3)	The Landlord shall at any time during the Term be entitled to change the name of the Building or the name Shaw Movie City on giving reasonable notice to the Tenant and in respect thereof the Landlord shall not be liable in damages to the Tenant or be made a party to any other proceedings or be liable for costs or expenses of whatsoever nature incurred by the Tenant as a result of such change.

 

	Functions & Display	(4)	Notwithstanding anything herein contained or implied to the contrary the Landlord may permit any person or organisation to hold any functions or exhibition or display any merchandise in any part or parts of the common areas of the Building at such times and upon such terms and conditions as the Landlord may in its absolute discretion think fit.

 

    	 	17	 

     

    

 

	Acceptance not waiver	(5)	The acceptance of rent or any other charges payable by the Tenant to the Landlord hereunder shall not be deemed to operate as a waiver by the Landlord of any right to proceed against the Tenant in respect of any breach by the Tenant of any of the Tenant’s obligations herein contained.

 

	Distraint	(6)	For the purposes of Part HI of the Landlord and Tenant (Consolidation) Ordinance, Cap. 7 and for the purposes of these presents the rent in respect of the Premises shall be deemed to be in arrears if not paid within seven days from the time stipulated by Clause 2 hereof. All costs and expenses of and incidental to any distraint (including the Landlord’s legal costs on a solicitor and client basis) pursuant thereto shall be paid by the Tenant and be recoverable from the Tenant as a debt.

 

	Access to prospective Tenants	(7)	For the period of three months immediately before the expiration or sooner determination of the Term the Tenant shall permit all persons having written authority from the Landlord or the Landlord’s agents to enter and view the Premises during the normal business hours of the Tenant on giving to the Tenant reasonable notice and not so as to interfere with the efficient management of the Tenant’s business.

 

	Deposit	(8)	(a)	The Tenant shall deposit with the Landlord the deposit in such sum and in such manner as set out in the Fourth Schedule and paragraph 16 of the Sixth Schedule hereto (hereinafter called the “Deposit”) on or before the signing of this tenancy. The Landlord shall hold the Deposit as security for the due payment by the Tenant of the rent and any other charges payable hereunder and the performance and observance of the terms and conditions to be observed and performed by the Tenant hereunder. At the expiration or sooner determination of the Term hereby created if the Tenant shall have paid all rents and all other sums due hereunder and if there shall be no breach of any of the terms and conditions herein contained on the Tenant’s part to be observed and performed the Landlord will return the Deposit (less any deduction the Landlord is entitled to deducted hereunder) without interest in such manner as set out in paragraph 16 of the Sixth Schedule hereto to the Tenant within thirty days after the Tenant shall have delivered up to the Landlord vacant possession of the Premises.

 

	 	(b)	In the event of any breach or non-observance or non-performance by the Tenant of any of the said agreements, stipulations or conditions aforesaid, the Landlord shall be entitled to deduct from the Deposit in such manner as set out in paragraph 16 of the Sixth Schedule hereto the amount of any monetary loss incurred by the Landlord in consequence of the breach, non-observance or non-performance by the Tenant in which event the Tenant shall deposit with the Landlord the amount so paid and deducted from the Deposit by cash and, if the Tenant shall fail so to do, the Landlord shall forthwith be entitled to re-enter on the Premises and to determine this Agreement in which event the deposit will be forfeited to the Landlord as hereinbefore provided.

 

    	 	18	 

     

    

 

	Consent to transfer	(c)	The Tenant hereby consents to the Landlord transferring the deposit to any assignees or transferees of the Landlord’s interest in the Premises (whether together with the Building or otherwise).

 

	Occupation Charges	(9)	If the Tenant shall for whatever reasons be unable or unwilling to deliver up vacant possession of the Premises to the Landlord upon expiration of the Term or upon such earlier determination of the tenancy (if any) as herein expressly provided for in this Agreement, the Tenant shall pay to the Landlord as occupation charges at such revised rate (exclusive of rates) as shall be equivalent to the current rent then payable for the entire duration from the time that the Tenant shall so remain in occupation after expiry of the Term or earlier determination as aforesaid to the time that either (i) the Landlord obtain physical possession of the Premises through judicial process or (ii) the Tenant delivers vacant possession of the Premises to the Landlord. It is further agreed that all legal expenses that the Landlord may incur in pursuing and enforcing its rights hereof to obtain possession of the Premises shall be fully recoverable by the Landlord from the Tenant and without prejudice to any right or remedy which the Landlord may have against the Tenant for any non-observance or non-performance of any agreement, stipulation, term or condition under this Agreement, such costs, expenses and occupation charges aforesaid may be deducted by the Landlord from the deposit (if any) paid hereunder by the Tenant.

 

	Landlord does not warrant user	(10)	(a)	The Landlord does not represent or warrant that the Premises are suitable for the purpose for which the Tenant proposes to use the same and upon taking over of possession of the Premises from the Landlord the Tenant shall satisfy himself or shall be deemed to have satisfied himself that the Premises are suitable for the purpose for which the Tenant proposes to use and the Tenant hereby agrees that he will at his own expense apply for any requisite licence or licences permit or permits from all Government or Public Authorities including but not limited to the Buildings Department, Lands Department, Fire Service Department, Urban Services Department, Food and Environmental Hygiene Department, Environmental Protection Department, Police Department, etc. in respect of the carrying on of the Tenant’s business therein and in relation to any work to be carried out therein by the Tenant Provided that if the Tenant fails to obtain the requisite licence or licences permit or permits as aforesaid for whatever reason including but not limited to the refusal by such Government or Public Authorities to grant such licence(s) or permit(s) for the user of the Premises, the Tenant shall in no circumstances claim against the Landlord for compensation in any form whatsoever.

 

	 	(b)	The Tenant shall carry out at his costs and expense any additional or consequential fitting-out or alteration or decoration works to the Premises or to the Landlord’s fixtures fittings and installations at the Premises or to the Tenant’s design in compliance with conditions stipulations contained in any licence(s) permit(s) which may be granted by the Government or Public Authorities as aforesaid PROVIDED ALWAYS that all proposals and plans for such additional fitting-out alteration or decoration works shall be subject to the prior written approval of the Landlord.

 

    	 	19	 

     

    

 

	Landlord entitled to change layout	(11)	The Landlord shall be at liberty to change the layout of the entrance halls or corridors at any level of the Building or other parts of the Building including but not limited to the width of the arcades or corridors or any building comprising in Shaw Movie City and to change the name of the Building or Shaw Movie City or the number assigned to the Premises at any time at its absolute discretion without payment of any compensation whatsoever to the Tenant.

 

	Construction of presents	(12)	It is hereby declared that in the construction of these presents, unless the contrary intention appears, words importing the masculine gender shall include the feminine and neuter genders and vice versa and words in the singular include the plural and vice versa.

 

	Meaning of “the Tenant”	(13)	The expression “the Tenant” shall (where the context permits) mean and include the party or parties specifically named and shall not include the executors and administrators of any such party or where such party is a corporation any liquidator thereof.

 

	Stamp duty and costs	(14)	Each of the Landlord and the Tenant shall bear its own legal costs of and incidental to the preparing and completing of this Agreement and its duplicate. The stamp duty on this Agreement and its duplicate and any preceding offer letter or agreement and its duplicate shall be borne and paid by the Landlord and the Tenant in equal shares.

 

	Notices	(15)	Any notice required to be served on the Tenant shall be sufficiently served if delivered to or sent by registered post to the registered office of the Tenant or left at the Premises or at the last known address of the Tenant. A notice sent by registered post shall be deemed to be given at the time when in due course of post it would be delivered at the address to which it is sent.

 

	Marginal headings	(16)	The marginal headings and the index of the clauses of this Agreement are for reference only and it is hereby declared that these headings shall not be deemed a part of this Agreement.

 

	Landlord’s successors	(17)	This Agreement and the term and covenants herein contained shall ensure for the benefit of the Landlord and its successors and assigns.

 

	Warranties or representations	(18)	This Agreement sets out the full and entire agreement between the parties. No other warranties or representations have been made or given relating to this tenancy or to the Premises or the Building or the obligations of the Landlord whether express or implied have been made by the Landlord or by any third party on its behalf. If any warranty or representation express or implied has been made, the same is withdrawn or deemed to have been withdrawn immediately before the execution of this Agreement.

 

    	 	20	 

     

    

 

	Redevelopment
    

clause	(19)	Notwithstanding any other provision herein and notwithstanding any law to the contrary, if the Landlord shall resolve to sell demolish rebuild or redevelop (including but not limited to construction of new buildings or additions to the Building) or refurbish the Building or the Building or any part thereof which includes the Premises (which intention to sell demolish rebuild redevelop or refurbish shall be sufficiently evidenced by a copy of a Resolution of its Directors certified to be true and correct copy by its Company Secretary) then in such event the Landlord shall be entitled to give not less than six months’ notice in writing during the Term terminating this Agreement and immediately upon the expiration of such notice this tenancy created under this Agreement shall be terminated and any optional rights (if any, whether the same have been exercised by the Tenant or not) and/or any unexpired rent-free periods (if any) shall be extinguished and determined but without prejudice to the rights and remedies of either party against the other in respect of any antecedent claim or breach of any of the agreement or stipulations herein set out. The Tenant shall deliver vacant possession of the Premises duly reinstated in a good, clean and tenantable condition to the Landlord’s entire satisfaction upon the expiration of the said notice and the Tenant shall not be entitled to claim any damages or compensation or relief in respect of such early determination of this tenancy created under this Agreement and the early extinguishment and determination of any optional rights (if any) and/or any unexpired rent-free periods (if any).

 

	Regulations	6.	The Tenant shall observe faithfully and comply strictly with the Building Regulations of the Building set out in the Seventh Schedule hereto. The Landlord reserves the right from time to time and by notice in writing to the Tenant to make and introduce, and subsequently amend, adapt or abolish if necessary, such Building Regulations as it may consider necessary for the operation and maintenance of the Building as a first class Film Studio (as defined in the Fifth Schedule hereto) building. Such Building Regulations shall be supplementary to the terms and conditions contained in this Agreement and shall not in any way derogate from such terms and conditions. In the event of conflict between such Regulations and the terms and conditions of this Agreement, the terms and conditions of this Agreement shall prevail.

 

	No fine or premium paid	7.	The Tenant acknowledges that no fine premium key money or other consideration has been paid by the Tenant to the Landlord or its agents for the grant of this Agreement.

 

	Alteration	8.	Notwithstanding anything to the contrary hereinbefore contained it is hereby acknowledged that the Landlord reserves the right to make whatever alterations to the Building of which the Premises form part as the Landlord shall from time to time see fit.

 

	Special Condition	9.	This Agreement is also subject to the terms and conditions set out in the Sixth Schedule hereto (if any). All the schedules to this Agreement shall form part of this Agreement. Should there be any conflicts or inconsistencies between the terms and conditions in the Sixth Schedule hereto and that of in other parts of this Agreement, the terms and conditions in the Sixth Schedule hereto shall prevail.

 

	Others	10.	(1)	This Agreement shall be governed by and construed in accordance with the laws of Hong Kong and the parties hereto shall submit to the non-exclusive jurisdiction of the courts of Hong Kong.

 

	 	(2)	“Hong Kong” shall mean “The Hong Kong Special Administrative Region” and “the Government” shall mean “The Government of the Hong Kong Special Administrative Region”.

 

	Contracts (Rights of Third Parties) Ordinance	11.	It is hereby expressly provided that the Contracts (Rights of Third Parties) Ordinance (Cap. 623) shall not apply to this Agreement and nothing herein will create rights under the said Ordinance.

 

	AS WITNESS	the Landlord and the Tenant sign this Agreement, the day and year first above written.

 

    	 	21	 

     

    

 

THE
FIRST SCHEDULE ABOVE REFERRED TO

 

THE
PREMISES

 

ALL
THAT office A, office B, office C, flat roof, balcony B and balcony C on the THIRD FLOOR of SHAW MOVIECITY OFFICE COMPLEX of
SHAW MOVIE CITY situate at No. 201 Wan Po Road Tseung Kwan 0 Sai Kung New Territories Kowloon and erected on ALL THAT piece
or parcel of ground registered in the Land Registry as TSEUNG KWAN 0 TOWN LOT NO. 85, and for identification purpose only as
shown on the plan annexed hereto and thereon coloured Pink.

 

THE
SECOND SCHEDULE ABOVE REFERRED TO

 

THE
TERM

 

ONE
(1) YEAR commencing on 1st November 2018 and to be expired on 31st October 2019 (both days inclusive).

 

THE
THIRD SCHEDULE ABOVE REFERRED TO

 

PART
I - THE RENT

 

The
rent of the Premises is HK$591,664.15 per month, that is HK$7,099,969.80 per annum for the Term. The entire sum of HK$7,099,969.80
shall be payable in advance on the Handover Date without any deduction or set-off by such means and in such manner as specified
in paragraphs 1 to 7 of the Sixth Schedule hereto.

 

PART
II - MANAGEMENT FEE

 

The
Management Fee (at HK$6.00 per square foot) shall be in a sum of HK$145,378.20 per month and shall be paid in the following manners:

 

	(i)	HK$47,207.40
                                 per month by cash in Hong Kong currency, payable in advance of each calendar month (commencing
                                 from the month of November 2018) for the Management Fee of office A;
	(ii)	HK$2,994.00 per month by
             cash in Hong Kong currency, payable in advance of each calendar month (commencing from the month of November 2018)
             for the Management Fee of flat roof;
	(iii)	HK$571,060.80 being 6 months’
              Management Fee for office B (and balcony B) and office C (and balcony C) payable in advance by way of Allotted Shares
              for Payment in the manner as provided in paragraphs 1 to 7 of the Sixth Schedule; and
	(iv)	HK$95,176.80 per month by
             cash in Hong Kong currency, payable in advance of each calendar month (commencing from the month of May 2019) for
             the Management Fee of office B (and balcony B) and office C (and balcony C).

 

A
list of coverage of the Management Fee is attached hereto as Attachment II, which list is for reference only.

 

    	 	22	 

     

    

 

PART
III – GOVERNMENT RENT AND RATES

 

The
Government Rent and rates shall currently be HK$17,749.92 and HK$29,583.21 respectively per month payable to the Landlord in accordance
with Clause 3(3)(a) of this Agreement (subject to Government’s review and adjustment) pending the independent assessment on Government
Rent and rates of the Premises.

 

THE
FOURTH SCHEDULE ABOVE REFERRED TO

 

THE
DEPOSIT

 

The
Deposit shall be for an amount of HK$3,137,501.92 (equivalent to FOUR (4) MONTHS of monthly Rent, Management Fee and Government
Rent and rates) and paid by the Tenant upon the signing of this Agreement in the following manners:-

 

	1.	HK$1,637,501.92
                                 by means of a cheque for the said amount of HK$1,637,501.92 issued by the Tenant in favour of
                                 the Landlord and dated a date which is no later than 10 working days before the end date of the
                                 Term (i.e. dated no later than 17th October 2019) (hereinafter called the “Deposit
                                 Cheque”); and

 

	2.	HK$1,500,000.00
                                 by means of SEII (as defined in paragraph 1 of the Sixth Schedule) delivering to the Landlord
                                 on the Handover Date the SEII new common shares issued and allotted to and in the name of the
                                 Landlord’s Nominee (as defined in paragraph 1 of the Sixth Schedule) for the total shares
                                 value equal to HK$1,500,000.00 (the “Allotted Shares for Deposit” as defined
                                 in paragraph 1 of the Sixth Schedule hereto) in accordance with the provisions in paragraph
                                 1 of the Sixth Schedule.

 

THE
FIFTH SCHEDULE ABOVE REFERRED TO

 

USER

 

The
Tenant shall not use the Premises for any business or trade other than as a “Film Studio” under the trade name to be
approved by the Landlord provided that the Landlord does not warrant that the Premises are fit to be used for such purposes.

 

“Film
Studio” used in this Agreement shall mean a film studio used for the pre-production, shooting and post-production of films
for theatrical release, as so defined in Special Condition No. (10) of the Government Grant of Tseung Kwan O Town Lot No. 85 of
which the Premises is subject to.

 

    	 	23	 

     

    

 

THE
SIXTH SCHEDULE ABOVE REFERRED TO 

 

TERMS
AND CONDITIONS

 

This
Agreement is also subject to the following terms and conditions: -

 

	Allotted Shares	1.	(a)	Sharing
                                  Economy International Inc. (“SEW”), a company incorporated in the state of Nevada
                                  of the United States of America and being a listed company in the NASDAQ Stock Exchange of the
                                  United States of America, number NASDAQ SEII, is the parent company of the Tenant holding the
                                  entire issue shares of the Tenant. The Tenant, SEII and the Landlord agree that the Tenant shall
                                  pay (i) the rent per annum of the Premises for the Term in advance for the aggregate sum of
                                  HK$7,099,969.80 and (ii) the Management Fee of 6 months in advance in respect of office B (and
                                  balcony B) and office C (and balcony C) of the Premises for the aggregate sum of HK$571,060.80
                                  (the total sum of HK$7,671,030.60 herein after called the “Payment Sum”) and
                                  part of the Deposit for the sum of HK$1,500,000.00 by means of delivering to the Landlord the
                                  SEII new common shares issued and allotted to and in the name of the Landlord’s nominee, Winmex
                                  Investments Limited (being an associate company of the Landlord) ( the “Landlord’s Nominee”),
                                  in the case of the Payment Sum, at the Issue Price Per Allotted Share for Payment (as defined
                                  hereinunder) and of such number of shares for the total value equal to the Payment Sum (hereinafter
                                  called “Allotted Shares for Payment”), and in the case of the said sum HK$1,500,000.00,
                                  at the Issue Price Per Allotted Share for Deposit (as hereinafter defined) and of such number
                                  of shares for the total value equal to HK$1,500,000.00 (hereinafter called “Allotted
                                  Shares for Deposit”), provided that in no event shall the number of SEII common shares
                                  to be issued to the Landlord’s Nominee pursuant to this Agreement will exceed 19.9% of the issued
                                  and outstanding shares of SEII’s common stock based on the total issued and outstanding shares
                                  of SEII’s common stock on the date of this Agreement (the “19.9% Threshold”). The
                                  Allotted Shares for Payment and the Allotted Shares for Deposit, where context permits, collectively
                                  as “Allotted Shares”).

 

		(b)	The
                                         issue price per Allotted Share for Payment is to be set and determined based on a 5-days
                                         closing average of SEII on the stock exchange market of NASDAQ before the Shares Issued
                                         Date LESS 10% thereof (hereinafter called “Issue Price Per Allotted Share for
                                         Payment”).

 

		(c)	The
                                         issue price per Allotted Share for Deposit is to be set and determined based on a 5-days
                                         closing average of SEII on the stock exchange market of NASDAQ before the Shares Issued
                                         Date (hereinafter called “Issue Price Per Allotted Share for Deposit”).

 

		(d)	For
                                         the Allotted Shares, the Tenant agrees and undertakes that-

 

		(i)	The
                                         Tenant shall procure SEII to obtain all necessary approvals and consents in respect of
                                         the issue and allotment of the Allotted Shares to the Landlord’s Nominee pursuant to
                                         and under this Agreement; and including all such necessary approvals and consents required
                                         under the NASDAQ Stock Market Rules, any applicable laws and/or regulations, the constitutional
                                         documents of SELL and/or by the U.S. Securities and Exchange Commission or other relevant
                                         authority; and the resolutions passed by the shareholders of SEII approving this Agreement
                                         and the allotment of the Allotted Shares (hereinafter collectively as “Conditions
                                         Precedent for Allotment); and that the Conditions Precedent for Allotment shall be
                                         obtained and fulfilled by SEII before the issue and allotment of the Allotted Shares
                                         to the Landlord’s Nominee and in any event be obtained and fulfilled by SEII at least
                                         3 working days before the Shares Issued Date as hereinunder defined.

 

    	 	24	 

     

    

 

		(ii)	After
                                         the Conditions Precedent for Allotment has been obtained and fulfilled in accordance
                                         with sub-paragraph (i) of this paragraph, the Tenant shall procure SEII to, at least
                                         3 working days before the Handover Date (hereinafter called the “Shares Issued
                                         Date”), to issue and allot the Allotted Shares, in the case of Allotted Shares
                                         for Payment, at the Issue Price Per Allotted Share for Payment for the value of the Payment
                                         Sum, and in the case of Allotted Shares for Deposit, at the Issue Price Per Allotted
                                         Share for Deposit for the value of HK$1,500,000.00, to and in the name of the Landlord’s
                                         Nominee, and after such issuance and allotment, SEII shall handover the Allotted Shares
                                         to the Landlord’s Nominee or the Landlord’s appointed agent on or before the Handover
                                         Date and in any event before the handover taken place. The number of Allotted Shares
                                         for Payment and the Allotted Shares for Deposit shall be rounded up to the nearest one
                                         share, and if there is any remaining amount, the Tenant shall pay the remaining amount
                                         in Hong Kong currency by way of cheque.

 

		(iii)	The
                                         Tenant shall, and shall procure SEII to, assist the Landlord’s Nominee to complete all
                                         the share registration processes of the Allotted Shares in SEII and/or NASDAQ and shall
                                         assist the Landlord’s Nominee to complete all the acts and procedures that are required
                                         to be done in perfecting the title as the registered and beneficial owner of the Allotted
                                         Shares on the Shares Issued Date.

 

		(iv)	For
                                         the avoidance of doubt, the Landlord and the Landlord’s Nominee are not required and
                                         have no obligation whatsoever to pay any subscription price for any of the Allotted Shares
                                         as such subscription price, in the case of Allotted Shares for Payment, has been deemed
                                         set off by the Payment Sum required to be paid by the Tenant under this Agreement, and
                                         as to the Allotted Shares for Deposit, has been deemed set off by the said sum of HK$1,500,000.00
                                         (as part of the Deposit) required to be paid by the Tenant under this Agreement, and
                                         that after the Landlord’s Nominee has received the Allotted Shares and the Landlord’s
                                         Nominee becomes the registered owner and beneficial owner of Allotted Shares on or before
                                         the Handover Date, subject to paragraph 3 hereinunder, the Tenant shall be deemed and
                                         treated as having paid the Landlord the Payment Sum and the said HK$1,500,000.00 (as
                                         part of the Deposit) required to be paid under this Agreement.

 

    	 	25	 

     

    

 

		(v)	All
                                         the costs and expenses for the issuance and allotment of the Allotted Shares and the
                                         completion of the Landlord’s Nominee as the registered and beneficial owner of the same
                                         shall be borne by the Tenant.

 

		(vi)	All
                                         the taxes chargeable in the United States of America or any part of the world for the
                                         holding, selling, and/or transferring of the Allotted Shares in whatsoever nature shall
                                         be borne by the Tenant and the Tenant shall indemnity the Landlord and/or the Landlord’s
                                         Nominee in a full indemnity basis for any of the aforesaid tax liabilities which are
                                         arising from or in connection with the Allotted Shares Provided That any tax liability
                                         of the Landlord’s Nominee which has no relation with or of no connection to the issue,
                                         allot or sale of the Allotted Shares shall not be the responsibility of the Tenant and
                                         shall be borne by the Landlord or the Landlord’s Nominee.

 

		(e)	If
                                         the number of the Allotted Shares exceeds the 19.9% Threshold, or if SEII fails to issue
                                         and allot the Allotted Shares and to provide the Allotted Shares to the Landlord on or
                                         before the Handover Date, and such failure is due to any non-fulfilment of any of the
                                         Conditions Precedent, then this Agreement shall then lapse and of no effect. In such
                                         event, the Parties shall enter into a cancellation agreement to cancel this Agreement
                                         within 7 business days from the day of lapse, and the legal costs for such cancellation
                                         agreement shall be shared by the Parties in equal shares.

 

	Free Right to Sale	2.	(a)	There
                                         will be some restrictive legends set forth on the stock certificate of the Allotted Shares
                                         (being the same legend shown to the Landlord in a copy stock certificate before the signing
                                         of this Agreement) on certain restrictions of trade, sale, transfer or disposal of the
                                         Allotted Shares (“Trade Restrictions”), Notwithstanding the Trade
                                         Restrictions, the Tenant shall use its best effort to assist or procure SEII to assist
                                         the Landlord’s Nominee to fulfil the required procedures for uplifting or removing
                                         the Trade Restrictions so that Allotted Shares shall be able to be freely tradable in
                                         NASDAQ under the stock code “SEII” and be rank pari passu with the existing
                                         common stocks of SEII trading at NASDAQ, and (subject to any general listing rules of
                                         trade of NASDAQ and the Securities Act (1933) which applies to all trading stocks in
                                         NASDAQ), the Landlord’s Nominee shall have the unfettered and unrestricted rights
                                         to trade, sell, transfer, or dispose of all or any the Allotted Shares in NASDAQ after
                                         the expiration of the first Six (6) months from the Shares Issued Date (herein called
                                         “the Saleable Date”). Both parties agree that whether to sell the
                                         Allotted Shares or any part thereof or at any time on or after the Saleable Date shall
                                         be at the absolute discretion of the Landlord or the Landlord’s Nominee.

 

		(b)	Only
                                         if due to any governmental or NASDAQ administrative or procedure matters but not due
                                         to the default or act or any non-fulfilment of Tenant or SEII of its obligations herein,
                                         that the uplift or removal of the Trade Restrictions on the Allotted Shares shall require
                                         some longer time, the Saleable Date can be extended to and no later than the expiration
                                         date of the first Nine (9) months from the Shares Issued Date (the “Extended
                                         Saleable Date”) on the condition that the Tenant shall pay interest on the principal
                                         sum equal to the aggregate of the Payment Sum and HK$1,500,000.00 at an interest rate
                                         of 2% above the prime rate from time to time quoted by The Hong Kong and Shanghai Bank
                                         Limited and calculated from the Saleable Date to the actual day of which the Allotted
                                         Shares become freely tradable in the NASDAQ Provided that if such delay is due to any
                                         wilful or malicious inaction/un-cooperation of the Landlord’s Nominee in the procedural
                                         matters, the Tenant is not obliged to pay the aforesaid interest for the delay.

 

    	 	26	 

     

    

 

	Value Guarantee	3.	The
                                         Tenant shall provide value guarantee of the Allotted Shares for Payment against the Payment
                                         Sum in the following manners (hereinafter called the “Value Guarantee”):-

 

		(a)	in
                                         the event that the share price of SEII at closing in NASDAQ does not reach at a price
                                         that is higher than the Issue Price Per Allotted Share for Payment for at least 30 trading
                                         days within 12 months from the Saleable Date, or within the number of months calculated
                                         as 12 minus the month(s) extended in between the Saleable Date and the Extended Saleable
                                         Date, as the case may be (provided that if the extended time in between the Saleable
                                         Date and the Extended Saleable Date is less than 1 month, it would nevertheless be treated
                                         as 1 month for this purpose) and the corresponding trading volume of the said 30 trading
                                         days are in aggregate lower than 200% of the number of Allotted Shares for Payment (hereinafter
                                         called the “Trading Conditions”), the Tenant shall pay the Landlord
                                         the difference (hereinafter called the “Value Difference”) in cash in
                                         Hong Kong currency between the Payment Sum and either:-

 

		(i)	the
                                         sale price of Allotted Shares for Payment upon selling by the Landlord’s Nominee on the
                                         expiration date of the 12 months from the Saleable Date, or within the number of months
                                         calculated as 12 minus the month(s) extended in between the Saleable Date and the Extended
                                         Saleable Date, as the case may be (hereinafter called the “End Date”); or

 

		(ii)	the
                                         value of the Allotted Shares for Payment according to the share price of SEII at closing
                                         on the End Date in the case that the Landlord’s Nominee does not sell the Allotted Shares
                                         for Payment on the End Date; or

 

		(iii)	the
                                         aggregate amount of the sale price of part of the Allotted Shares for Payment upon selling
                                         and the value of remaining part of the Allotted Shares for Payment according to the share
                                         price of SEII at closing on the End Date in the case that the Landlord’s Nominee sells
                                         some of the Allotted Shares for Payment and retains some thereof;

 

		(b)	In
                                         the case that the Trading Conditions have not been met, the Value Difference shall be
                                         paid by the Tenant within 7 days after the End Date;

 

    	 	27	 

     

    

 

		(c)	For
                                         the avoidance of doubt, if the Landlord’s Nominee does sell the Allotted Shares for Payment
                                         (whether before or after the End Date) and the aggregate sell price is higher than the
                                         Payment Sum, the difference between the sell price and Payment Sum shall belong to the
                                         Landlord absolutely;

 

		(d)	The
                                         Value Guarantee by the Tenant and the obligation to pay the Value Difference under this
                                         Clause 3 shall survive sooner expiration or determination of this Agreement.

 

	Adverse Trade Conditions	4.	During
                                         a period of 12 months from the Saleable Date, or during the period of the number
                                         of months calculated as 12 minus the month(s) extended in between the Saleable Date
                                         and the Extended Saleable Date from the Extended Saleable Date, as the case may be, in
                                         the event that the Landlord’s Nominee is still in possession of the Allotted Shares for
                                         Payment or any remaining part thereof, the share price of SEII in NASDAQ drops below
                                         50% of the Issue Price Per Allotted Share for Payment, or trading of SEII in NASDAQ is
                                         suspended, in either case for a consecutive 10 trading days (hereinafter collectively
                                         called “the Adverse Trade Conditions”), and then subject to paragraph
                                         5 hereunder and without affecting any other rights of the Landlord under this Agreement,
                                         the Landlord shall have the right to terminate this Agreement, forfeit the Deposit paid
                                         and to claim loss and damages against the Tenant.

 

	Allotted Shares 

Default	5.	(a)	Upon
                                         the happening of any of the following events relating to the Allotted Shares (hereafter
                                         called “the Allotted Shares Default”), it shall be and/or deemed to
                                         be a breach of this Agreement by the Tenant:

 

		(i)	(Save
                                         and except for the reason of or due to non-fulfilment of any of the Conditions Precedent)
                                         the Tenant or SEII fails to provide all the Allotted Shares duly issued and allotted
                                         in the name of the Landlord’s Nominee to the Landlord or its agent on or before the Handover
                                         Date and in any event before the handover taken place;

 

		(ii)	The
                                         Tenant fails and/or fails to procure SEII to assist the Landlord and/or the Landlord’s
                                         Nominee to uplift or remove the Trade Restrictions of the Allotted Shares;

 

		(iii)	(Other
                                         than due to the wilful and malicious inaction/non-cooperation in the procedure matters
                                         for removing the Trade Restrictions on the part of the Landlord and subject to paragraph
                                         4 above), the Allotted Shares or any part thereof cannot become freely tradable, saleable,
                                         transferable or disposable in the NASDAQ by the Landlord’s Nominee or its agent on and
                                         commencing from the Saleable Date or the Extended Saleable Date (as the case may be);

 

		(iv)	Any
                                         of the Adverse Trade Conditions has happened.

 

    	 	28	 

     

    

 

	 	(b)	If any of the Allotted
               Shares Default has happened, the Tenant shall forthwith rectify the same by making the following payments to the
               Landlord within 14 days from the date of notice of the Landlord:-

 

		(i)	in
                                         the case of breach either under paragraphs 5(a)(i), 5(a)(ii) or 5(a)(iii), payment in
                                         cash in Hong Kong currency the Payment Sum and HK$1,500,000.00 for a total amount of
                                         HK$9,171,030.60 to replace the payment of the same by issuing and allotting the Allotted
                                         Shares to the Landlord’s Nominee, together with interest on the said sum of HK$9,171,030.60
                                         at a rate of 2% over the prime rate quoted by The Hong Kong and Shanghai Bank Limited
                                         from the time to time and calculated from the date of breach to the actual date of payment
                                         (both days inclusive); or

 

		(ii)	in
                                         the case of breach under paragraph 5(a)(iv), the payment in cash for a value equal to
                                         all or the remaining Allotted Shares held by the Landlord (if some of the Allotted shares
                                         have been sold by the Landlord) based on the Issued Price Per Allotted Shares for Payment
                                         or the Issued Price for Allotted Shares for Deposit, as the case may be, together with
                                         interest on the said value at a rate of 2% over the prime rate quoted by The Hong Kong
                                         and Shanghai Bank Limited from the time to time calculated from the date of breach to
                                         the date of payment (both days inclusive).

  

	 	Or, failing
               rectification by way of the aforesaid to the satisfaction of the Landlord, the Landlord shall have the rights and
               be entitled to exercise its rights under Clause 5(1) of this Agreement, including but not limited to terminate
               this Agreement and to re-entry the Premise, forfeit all the deposits paid and to claim full loss and damages against
               the Tenant as a result of the default of the Tenant, and that the Tenant shall upon such event, deliver back vacant
               possession of the Premises to the Landlord forthwith.
	 	 	 
		(c)	To
                                         secure the rights of the Landlord under this paragraph 5 and to ensure the obligation
                                         of the Tenant to deliver back vacant possession of the Premises forthwith upon default
                                         of the Tenant as mentioned in sub-clause (c) above and to pay loss and damages to the
                                         Landlord, the Tenant shall execute a Deed of Surrender (in a form as prepared by the
                                         Landlord’s solicitors without any amendments) in escrow and deliver the same to the Landlord
                                         simultaneously upon signing of this Agreement as security to the intent that upon failing
                                         rectification of the default of the Tenant as mentioned in paragraph 5(a) above to the
                                         satisfaction of the Landlord, without prejudice to any other rights and remedies of the
                                         Landlord, the Landlord shall have the right (and herein expressly confirmed and acknowledged
                                         by the Tenant) to sign on and compete the Deed of Surrender, and upon then, the Deed
                                         of Surrender shall have full force and effect.

 

    	 	29	 

     

    

 

	Legal Opinion	6.	The
                                         Tenant shall, at its own costs, provide the Landlord, at least 3 working days before
                                         the Handover Date, a legal opinion (in a form that has been previously approved by the
                                         Landlord) issued by a lawyer practicing law in the United States of America, giving opinion
                                         on SEII in the form as follows:

 

		(a)	SEII
                                         is a corporation duly incorporated and validly existing under the law of the jurisdiction
                                         of its incorporation;

 

		(b)	SEII
                                         is in good legal standing;

 

		(c)	SEII
                                         is a listed company on the NASDAQ stock exchange of the United States of America bearing
                                         the stock symbol “SEII”; it is currently trading on NASDAQ and has not been
                                         suspended on NASDAQ;

 

		(d)	SEII
                                         has the legal authority and power to perform its obligation to issue the Allotted Shares
                                         to the Landlord’s Nominee in the manner stipulated in this Agreement for the value equal
                                         to the Payment Sum and for a sum of HK$1,500,000.00 as part of the Deposit respectively,
                                         and that the issuance and allotment of the Allotted Shares for such purposes and in such
                                         manner to the Landlord’s Nominee will not infringe or breach any constitutional documents
                                         of SEII, NASDAQ listing rules, or any applicable United States laws;

 

		(e)	that
                                         SEII has the authorised share capital to issue the Allotted Shares;

 

		(f)	the
                                         Conditions Precedent for Allotment have been all fulfilled and satisfied by SEII; and

 

		(g)	SEII
                                         has issued and allotted the Allotted Shares to the Landlord’s Nominee and the Landlord’s
                                         Nominee has become the registered and beneficial owner of the Allotted Shares on the
                                         Handover Date, and that such Allotted Shares are free from any liens or encumbrances
                                         (save for the restrictive legends set forth on the stock certificate). The procedures
                                         and requirements for the allotment of the Allotted Shares to the Landlord’s Nominee have
                                         been duly complied with by SEII.

 

	Free Occupation

Period	7.	Notwithstanding
                                         anything to the contrary hereinafter contained and subject to the due performance
                                         and observance of the terms of this Agreement by the Tenant, the Tenant is allowed
                                         to occupy the Premises for a free occupation period of 3 months starting from the Handover
                                         Date to 31” October 2018 (both days inclusive) rent free for the purpose of fitting
                                         out and decoration of the Premises (hereinafter called the “Free Occupation Period”)
                                         Provided That the Tenant shall be liable to pay Management Fee, Government Rent,
                                         rates and other outgoings for the Premises, and to observe and perform all the terms
                                         and provisions of this Agreement of which the Tenant is liable to observe and perform,
                                         during the Free Occupation Period and Provided Further That any delay in the completion
                                         of the fitting out works of the Tenant caused by any reason whatsoever shall not in any
                                         way extend the Free Occupation Period or release the Tenant from its obligations to pay
                                         rent, management fee, Government Rent, government rates and utility charges in accordance
                                         with the provisions herein contained. For the avoidance of doubt, the Tenant shall pay
                                         Rent for the whole period of the Term in advance and 6 months’ Management Fee in advance
                                         on the Handover Date.

 

	Handover  Date	8.	The
                                         Handover Date of the Premises to the Tenant will be tentatively on 1st August
                                         2018.

 

	HandoverCondition

        
	9.	The Premises (together with the Landlord’s
    provisions as set out in the Eighth Schedule) will be handed over to the Tenant on an as-is basis and condition, and
    the Tenant shall accept the same and shall not be entitled to raise any objection thereto. The Tenant shall not in any way
    delay in taking the possession of the Premises and/or request for any postponement of the Handover Date by refusing to accept
    the Premises.
        

        

 

    	 	30	 

     

    

 

	Floor Area	10.	The total floor area of the Premises
    is approximately (office A) 7,867.90 sq.ft, (office B) 7,717.20 sq.ft., (office C) 7,561.65 sq.ft., (flat roof) 499.00 sq.ft.,
    (balcony B) 298.15 sq.ft, and (balcony C) 285.80 sq.ft. net subject to the final computation to be carried out and determined
    by the Landlord. The floor areas are only an estimate, the Tenant has inspected the Premises and has accepted its area. No
    warranty is therefore given by the Landlord in respect of any of the floor areas. The net floor areas of the Premises shall
    be used for purpose of computation of Management Fee.

 

	Landlord’s Right to Alter and Modify the
Layout	11.	The
                                         Tenant agrees that the Landlord shall be entitled to alter and modify the layout of the
                                         Premises at any time prior to the Handover Date Provided that such alterations and
                                         modifications shall not significantly affect the use of the Premises by the Tenant.

 

	Access to 

common areas 

and facilities, etc,	12.	The
                                         Tenant agrees to allow the Landlord absolute right to free access and passage
                                         to the common areas and facilities, such as but not limited to all utility meter
                                         rooms, main switch room, flushing water pump room and all cable, fire service
                                         and telephone ducts, within the Premises for the sake of inspection, repair and maintenance
                                         works.

 

	Fitting Out	13.	(a)	(i)	The
                                  Tenant shall submit fitting out plans to the Landlord for approval prior to commencement of
                                  any fitting out works. The Tenant shall pay to the Landlord the vetting fee of and incidental
                                  to the approval of the Tenant’s fitting out plans. The Tenant acknowledges that the approval
                                  by the Landlord of the Tenant’s fitting out plans shall not be construed as any warranty or
                                  representative that the said fitting out plans comply with the requirements rules and regulations
                                  of the relevant government authorities or any competent authorities. It shall be the Tenant’s
                                  sole responsibility to obtain all relevant permission approval or consent in respect of its
                                  fitting out and user. The Tenant shall not be entitled to claim any compensation, reduction
                                  of rent or abatement of rent by reason of any delay in the grant of any of aforesaid permission
                                  approval or consent.

 

		(ii)	The
                                         Tenant shall also be responsible to pay the professional fees, including the Landlord’s
                                         project architects or E & M Consultants (if any) in approving the Tenant’s decoration
                                         plans, provided that such professional fees are approved by the Tenant before they are
                                         incurred.

 

		(iii)	The
                                         Tenant acknowledges that the management fee does not include the debris removal charges
                                         arising from the Tenant’s fitting out works.

 

    	 	31	 

     

    

 

		(b)	The
                                         Tenant shall pay to the Landlord debris disposal fee (if any) immediately upon demand
                                         by the Landlord and/or the management agent of the Landlord for the disposal of refuse
                                         and debris caused by and during its decoration period of the Premises. The Tenant acknowledges
                                         that the fee for removal of debris is non-refundable and does not include removal of
                                         debris or material arising from alterations and/or additions works to the Premises that
                                         the Tenant may carry out subject to the Landlord’s approval which removal shall be the
                                         Tenant’s sole responsibility.

 

		(c)	The
                                         Tenant shall pay to the Landlord of a sum of HK$100,000.00 being premises damage and
                                         reinstatement deposit on or before the signing hereof. The said premises damage and reinstatement
                                         deposit shall be refunded to the Tenant without interest 30 days after the completion
                                         of the reinstatement of the Premises to the complete satisfaction of the Landlord upon
                                         the expiration or sooner determination of this Agreement. The Tenant shall also pay to
                                         the Landlord the alteration and modification deposits in future if so required by the
                                         Landlord.

 

		(d)	The
                                         Tenant shall pay to the Landlord electricity check meters, switches and associated wiring
                                         installation cost upon notification by the Landlord. The Tenant acknowledges that the
                                         fee for such electricity check meters and associated installation is non-refundable.

 

		(e)	The
                                         Tenant shall pay to the Landlord a temporary electricity connection fee to be determined
                                         by the Landlord for purpose of supplying temporary electricity power by the Landlord
                                         during the Free Occupation Period. The Tenant acknowledges that the fee for temporary
                                         electricity connection is non-refundable.

 

		(f)	Prior
                                         to the carrying out of the aforesaid approved works, the Tenant agrees to take out adequate
                                         insurance policy with a reputable firm against any loss injury or damage to any person
                                         or property whatsoever caused through or by any act default or neglect of the Tenant
                                         or its servants or its contractors as a result of carrying out of such approved works.
                                         The insurance policy shall also be endorsed to show the Landlord as registered owner
                                         of the Premises and as the co-beneficiary with the Manager under the policy. The insurance
                                         cover effected by such policy shall be in such an amount as the Landlord may in its reasonable
                                         discretion determine. A copy of such policy taken out by the Tenant shall be submitted
                                         to the Landlord before commencement of any approved works and the Tenant’s compliance
                                         with these shall be a condition precedent for the commencement of any approved works
                                         by the Tenant.

 

    	 	32	 

     

    

 

		(g)	The
                                         Tenant agrees that notwithstanding any other provisions in this Agreement the Tenant
                                         shall:-

 

		(i)	submit
                                         the required fitting out plans to the Landlord before
                                         the Handover Date for the Landlord’s approval;

 

		(ii)	commence
                                         the fitting out works promptly upon receipt of the Landlord’s approval.

 

	Alteration of Landlord’s
Provisions	14.	The
                                         Tenant acknowledges that the electrical and mechanical facilities and fire prevention
                                         system at the Premises provided by the Landlord is designed by the Landlord’s E/M
                                         Consultants. If the Tenant wishes to make any alteration of the said Landlord’s provisions,
                                         the Tenant shall submit all particulars specification plans and drawings to the Landlord
                                         or the Landlord’s agent for the Landlord’s prior approval and shall employ contractors
                                         nominated or approved by the Landlord or the Landlord’s agent as listed in the Fitting-out
                                         Guide (if any) given by the Landlord to carry out such works at its sole.

 

	Tenant’s Undertakings	15.	The
                                         Tenant undertakes to observe the following conditions:-

 

		(a)	The
                                         internal decoration of the Premises shall be subject to the prior approval of the Landlord;

 

		(b)	It
                                         shall be the Tenant’s responsibility to form floorings to an even level;

 

		(c)	The
                                         Tenant shall at its own cost install its own Fan-Coil System within the Premises in accordance
                                         with the requirements prescribed by the Authorized Person for the Building only and subject
                                         to the prior written approval of the Landlord. The Tenant shall maintain, clean and keep
                                         in proper repair and if necessary replace the Fan-Coil System throughout the Term and
                                         to remove and reinstate the same to full satisfaction of the Landlord upon the expiration
                                         or sooner determination of the Term at the Tenant’s own costs and expenses;

 

		(d)	Electricity
                                         check meters and associated installation and other utility services inside or leading
                                         to the Premises will have to be installed by the Landlord’s nominated contractor at the
                                         Tenant’s costs subject to Landlord’s prior approval. The Tenant shall upon demand by
                                         the Landlord pay to the Landlord a sum representing the costs of permanent electricity
                                         supply with electricity check meters at or about the Premises (such sum to be determined
                                         by the Landlord);

 

		(e)	The
                                         cost of electricity check meters and associated installations (to be determined by the
                                         Landlord) shall be borne by the Tenant solely. The Landlord shall not be responsible
                                         for the maintenance, repair, or replacement of such installation for whatsoever reasons
                                         which maintenance, repair or replacement shall all be the responsibility of the Tenant.
                                         The Tenant shall, therefore, be fully liable to the consequences arising from the usage
                                         of the said main cable during the Term.

 

		(f)	The
                                         Tenant agrees to employ or engage contractors who have been approved by the Landlord
                                         to carry out fitting-out works.

 

    	 	33	 

     

    

 

		(g)	All
                                         modification or alteration works to the fire service installation shall be at the entire
                                         costs of the Tenant and carried out by the nominated contractors as listed in the Fitting-out
                                         Guide given by the Landlord.

 

		(h)	The
                                         Tenant agrees that the disposal of the refuse generated from its business at the Premises
                                         shall be carried out by the cleaning contractor nominated by the Landlord and such cleaning
                                         contractor shall be engaged at the Tenant’s sole expense.

 

	Allotted Shares for Deposit	16.	(a)	The
                                  Deposit shall be comprised of the Deposit Cheque and the Shares. The Tenant shall upon signing
                                  of this Agreement deposit with the Landlord the Deposit Cheque, and shall on the Handover Date
                                  deliver to the Landlord the Allotted Shares for Deposit.

 

		(b)	The
                                         Landlord shall have the right and at liberty to sell the Allotted Shares for Deposit
                                         any at time on and after Saleable Date, or the Extended Saleable Date, as the case may
                                         be. If the Landlord does have sold the Allotted Shares for Deposit or any part thereof,
                                         then (if the Landlord has sold all the Allotted Shares for Deposit) the Landlord is deemed
                                         to hold the HK$1,500,000.00 deposit by way of holding a cash amount of HK$1,500,000.00,
                                         or (if the Landlord has sold part of the Allotted Shares for Deposit) the Landlord is
                                         deemed to hold a cash amount (equal to the original allotted value per share times the
                                         number of the Allotted Shares for Deposit sold) (hereinafter called “the Cash
                                         Amount of Deposit Shares”) and the Allotted Shares for Deposit not yet sold.

 

		(c)	In
                                  the event of the Landlord exercising its right under Clause 5(8)(b) of this Agreement to deduct
                                  from the Deposit any monetary loss of the Landlord arising from any breach or non-observance
                                  or non-performance by the Tenant of any terms herein contained, the Landlord shall be entitled
                                  to sell on the stock exchange market of NASDAQ the Allotted Shares for Deposit or any part thereof
                                  at any price and for an aggregate value equal to the amount to be deducted. For the avoidance
                                  of doubt, the amount so deducted shall be paid by the Tenant in cash in Hong Kong currency by
                                  way of cheque in accordance with Clause 5(8)(b) of this Agreement. And in this situation, the
                                  Landlord is deemed to hold the HK$1,500,000.00 deposit by way of holding the top up amount paid
                                  by the Tenant (hereinafter called the “Top Up Amount of Allotted Shares for Deposit”)
                                  together with unsold Allotted Shares for Deposit.

 

		(d)	In
                                  the event of the Landlord returning the Allotted Shares for Deposit in accordance with Clause
                                  3(43) of this Agreement upon the sooner expiration or determination of this Agreement, the Landlord
                                  is entitled within 30 days after the Tenant have delivered up to the Landlord vacant possession
                                  of the Premises, either to:-

 

	 	(in the case the Landlord is still
               keeping all the Allotted Shares for Deposit):-
	 	 	 
		(i)	to
                                         keep all the Allotted Shares for Deposit, and return an amount in cash by way of cheque
                                         equal to HK$1,500,000.00 less any deduction of which the Landlord is entitled to deduct
                                         to the Tenant; or

 

    	 	34	 

     

    

 

		(ii)	to
                                         sell all the Allotted Shares for Deposit at any day or days within 30 days after the
                                         Tenant have delivered up to the Landlord vacant possession of the Premises, and to return
                                         the net sale proceeds of such sale (after deducting all the costs and expenses and tax
                                         liabilities for and relating to such sale) and less any deduction of which the Landlord
                                         is entitled to deduct to the Tenant, and that upon such return (no matter the sale price
                                         per any of the Allotted Shares for Deposit is higher or lower than the Issue Price Per
                                         Allotted Share for Deposit and no matter the amount of the said net sale proceeds), the
                                         Landlord’s obligation to return the amount equal to HK$1,500,000.00 (less any deduction
                                         the Landlord is entitled to deduct) shall be deemed fulfilled.

  

	 	(in the
               case the Landlord is keeping the Cash Amount of Deposit Shares and the remaining Allotted Shares for Deposit (in
               accordance with sub-clause (b) of this paragraph), or that the Landlord is keeping the Top Up Amount of Allotted
               Shares for Deposit and the remaining Allotted Shares for Deposit (in accordance with sub-clause (c) of this paragraph:-
	 	 	 
		(iii)	to
                                         sell the remaining Allotted Shares for Deposit in any day or days within 30 days after
                                         the Tenant shall have delivered up to the Landlord vacant possession of the Premises,
                                         and to return the net sale proceeds of such sale (after deducting all the costs, expenses
                                         and tax liability for and relating to such sale) together with Cash Amount of Allotted
                                         Shares for Deposit, or the Top Up Amount of Allotted Shares for Deposit (as the case
                                         may be) (and less any deduction of which the Landlord is entitled to deduct) to the Tenant,
                                         and that upon such return and, no matter the sale price per any of such Allotted Shares
                                         for Deposit is higher or lower than the Issue Price Per Allotted Share for Deposit, the
                                         Landlord shall be deemed to have returned an amount equal to HK$1,500,000.00 (less any
                                         deduction the Landlord is entitled to deduct) even if the aggregate sum of the Cash Amount
                                         of Allotted Shares for Deposit, or the Top Up Amount of Allotted Shares for Deposit (as
                                         the case may be) together with the said net sale proceeds is higher or smaller than an
                                         amount equal to HK$1,500,000.00 (less any deduction the Landlord is entitled to deduct);
                                         or

 

		(iv)	to
                                         keep the remaining Allotted Shares for Deposit and to return a sum of HK$1,500,000.00
                                         (less any deduction the Landlord is entitled to deduct) in cash by way of cheque to the
                                         Tenant.

  

	 	 	For
                                         the avoidance of doubt, for any sale of the Allotted Shares for Deposit as aforesaid,
                                         the Landlord is entitled to deduct all theh costs and expenses and all the tax liabilities
                                         attached to, incurred or arising from such sale from the sale proceeds before returning
                                         the same to the Tenant in accordance with this paragraph.
	 	 	 
	Signboards	17.	Subject
                                         to the prior consent in writing of the Landlord, the Tenant is allowed to put the name
                                         of its subsidiary at the directory board at the lobby of the Building and at the entrance
                                         of the Premises. Subsidiary in this clause shall have the same meaning of “subsidiary”
                                         in the Companies Ordinance (Cap. 622).

 

    	 	35	 

     

    

 

THE
SEVENTH SCHEDULE ABOVE REFERRED TO

 

BUILDING
REGULATIONS

 

	1.	(a)	The
                                         Tenant shall co-operate with the Landlord to maintain a uniform external appearance of
                                         the Building and shall not use or install anything in the interior of the Premises which
                                         affects the external appearance from the outside. In particular, but without in any way
                                         limiting the foregoing no flag-pole may be erected and no flag or similar item shall
                                         be flown or displayed from windows or from elsewhere in or upon the Building without
                                         prior written consent of the Landlord.

 

		(b)	The
                                         Tenant shall co-operate with the Landlord to maintain a uniform external appearance of
                                         the Building and shall not use or install anything in the interior of the Premises which
                                         affects the external appearance from the outside. In particular, but without in any way
                                         limiting the foregoing no flag-pole may be erected and no flag or similar item shall
                                         be flown or displayed from windows or from elsewhere in or upon the Building without
                                         prior written consent of the Landlord.

 

		(c)	Without
                                         prejudice to its rights under this Agreement, the Landlord may take such action as may
                                         be necessary to remedy any violation of this regulation on the part of the Tenant.

 

	2.	(a)	The
                                         washing and toilet facilities built and erected on the relevant levels of the Building
                                         and any other water appliances or apparatus shall not be used for any purpose other than
                                         that for which they have been installed and no rubbish or other material or substance
                                         of any kind whatsoever may be deposited therein.

 

		(b)	The
                                         expense of any breakage, stoppage or damage resulting from any violation of this regulation
                                         shall be borne by the Tenant who, or whose employees, agents or licensees, shall have
                                         caused it.

 

	3.	(a)	For
                                         security reasons, removal of furniture, fittings and equipment shall be carried out only
                                         after prior notification to and agreement by the Landlord.

 

		(b)	Notwithstanding
                                         the foregoing, the Landlord shall not be responsible for any loss or damage to any furniture,
                                         fittings or equipment nor shall the Landlord be responsible for or entertain any claim
                                         whatsoever arising from any delay or alleged delay in the issue of removal permits or
                                         by reason of the failure by the Tenant to apply for a removal permit during business
                                         hours.

 

	4.	The
                                         Landlord reserves the right to prescribe the times at which and the manner in which cranes
                                         and other heavy equipment, fittings, furniture and other bulky articles and goods shall
                                         be conveyed in the lifts and the right to prohibit the carriage in the lifts of any object
                                         larger or heavier than that for which the same are designed.

 

	5.	(a)	The
                                         Landlord shall in no case be liable for any claims or damage relating to the admission
                                         or exclusion of any person to or from the Building in accordance with the provisions
                                         of these regulations.

 

		(b)	The
                                         Landlord reserves the right to prohibit all access to the Building during typhoons
                                         or during periods of public disturbance or civil commotion.

 

    	 	36	 

     

    

 

	6.	(a)	Except
                                in the case of emergency, such as fire or the breakdown of the central air-conditioning system,
                                all windows in Building shall at all times remain closed.

 

		(b)	No
                                         clothing, laundry, carpet, rug or other article shall be hung or shaken out of any windows
                                         of the Building and the Tenant shall not sweep or throw or permit to be swept or thrown
                                         from the Premises any dirt, dust or other substance whatsoever either outside the windows
                                         or into any of the public areas or lifts.

 

	7.	Peddling
                                         in the Building are prohibited and the Tenant shall co-operate with the Landlord in preventing
                                         the same or any similar nuisance.

 

	8.	Cleaning
                                         services for the Premises shall be carried out only by contractors approved by the Landlord.
                                         No other person will be permitted entry to the the Building to carry out services of
                                         this nature.

 

	9.	All
                                         employees of the Landlord are forbidden while on duty to do anything outside the scope
                                         of their regular duties unless under special instructions from the Landlord and the Tenant
                                         shall not request or instruct any such employee to undertake any task of any kind whatsoever
                                         for the Tenant.

 

	10.	The
                                         Landlord reserves the right to change the hours during which the chilled water and Building
                                         management facilities services are provided to the Building and common area, including
                                         but not limited to the lighting and escalators, and central air-conditioning system is
                                         operated in the Building. Unless and until otherwise changed the operating hours are
                                         24 hours daily. In case the Tenant requires such services and additional air-conditioning
                                         service beyond the operating hours, the Tenant may request the Landlord to provide the
                                         same at such extra cost to be determined by the Landlord.

 

	11.	(a)	At
                                 the end of each business day, the Tenant shall ensure that:-

 

		(i)	The
                                         Premises are locked so as to prevent unauthorized access thereto.

 

		(ii)	All
                                         negotiable instruments and documents or chattels of value (other than fixtures, fittings
                                         and business equipment) are effectively secured against accidental destruction or damage,
                                         theft or misappropriation.

 

		(iii)	All
                                         electrical business machines and equipment are disconnected and rendered harmless.

 

		(iv)	All
                                         taps, faucets and other water appliances under the control of the Tenant are effectively
                                         turned off.

 

		(v)	All
                                         electricity and gas supplies are turned off (with the exception of the electricity supply
                                         needed to keep in operation the telex, telephone and similar equipment).

 

		(vi)	All
                                         the air-conditioning fan-coil units controlled from within the Premises are turned off.

 

		(b)	The
                                         Tenant shall make good all loss, damage or injury sustained by the Landlord or any other
                                         tenant or occupier of the Building or the Building by reason of any failure to observe
                                         the provisions of this regulation.

 

    	 	37	 

     

    

 

	12.	All
                                         decoration works (including air-conditioning and E/M works) should be carried out in
                                         accordance with drawings submitted by the Tenant and approved by the Landlord. No work
                                         shall commence without prior approval from the Landlord in writing.

 

	13.	Unless
                                         otherwise approved by the Landlord all E/M works in connection with the Premises shall
                                         be carried out by the contractor or contractors nominated by the Landlord.

 

	14.	The
                                         Tenant shall not do or suffer or permit to be done anything whereby the flush or drainage
                                         system of the Building may be clogged or efficient working thereof may be impaired or
                                         the supply of water, electricity or gas shall be affected or likely to be affected and
                                         to pay the Landlord on demand the cost of any breakage, blockage or damage resulting
                                         from a breach thereof.

 

	15.	The
                                         Tenant shall not make or cause or permit any disturbing noise or do or cause or permit
                                         or suffer anything to be done which will interfere with the rights, comfort, and convenience
                                         of other tenants or occupiers of the Landlord in the Building or other owners or occupiers
                                         of the Building.

 

	16.	No
                                         external placards, posters, signs, signboards, notices, advertisements, flags, banners,
                                         poles, cages, shades or other projections or structures whatsoever extending outside
                                         the exterior of the Building shall be erected, installed or otherwise affixed to or exhibited
                                         on or projected from the Building except with the prior written consent from the Landlord.

 

	17.	These
                                         regulations may be modified at the Landlord’s discretion by the Landlord in writing.
                                         The Landlord reserves the right at any time and from time to time to alter or add to
                                         these regulations as provided in this Agreement.

 

    	 	38	 

     

    

 

THE
EIGHTH SCHEDULE ABOVE REFERRED TO

 

TECHNICAL
PROVISIONS

 

	1.	Power
    Supply:	1
    no. 500A supply
	 	 	1
    no. 160A TPN supply
	 	 	 
	2.	Fire
    Services:	(a)1
    layer of fire sprinkler and hose reel
	 	 	(b)2
    sets Fire Curtains
	 	 	 
	3.	Air-conditioning:	 
	 	 	 
	 	(a)
    Chilled Water Supply:-	3
    sets dia.800mm chilled water supply & return pipes
	 	(b)
    Primary Air Handling Unit:-	3
    sets Primary Air Handling Units
	 	(c)
    Fan Coil Unit:-	4
    sets Fan Coil Units for Lift Lobby
	 	 	 
	4.	Fresh
    and Flush Water Supply for Toilets	 

 

    	 	39	 

     

    

 

	
        The Landlord

         

        SIGNED by CHAN WAI MAN RAYMOND

         

        for and on behalf of SHAW MOVIE CITY HONG KONG LIMITED
        whose signature(s)

        is/are verified by:- 
	
         

         

        )

        )

        )

        )

        )

        )
	

	                                            STEPHEN KWOK	 	 

 

	The
        Tenant

         

        SIGNED
        by PING KEE LAU

         

        forand
        on behalf of the SHARING FILM

        INTERNATIONAL
        LIMITED in the presence of:-
	 

                                                                                

                                         )
 )
 )
)	 
	 	 	 

 

    	 	40	 

     

    

 

	RECEIVED
        from the Tenant the Deposit Cheque dated

        17
        October 2019 for an amount of HK$1,637,501.92.

         

        By
        CHAN WAI MAN RAYMOND
	)

        )

        )

        )

        )

        )

        )
	

 

 

	VERIFICATION
        to the signature(s): -
	 
	 	STEPHEN KWOK

 

    	 	41	 

     

    

 

	RECEIVED from
    the Tenant the sum of HONG KONG
 DOLLARS ONE HUNDRED THOUSAND
 (HK$100,000.00) ONLY being the sum of the said
 premises
    damage and reinstatement deposit

    By CHAN WAI MAN RAYMOND	)
 )
 )
 )

                                                                                 
 )
	 

 

	VERIFICATION
        to the signature(s): -
	 
	 	STEPHEN KWOK

 

    	 	42

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