Document:

Exhibit 4.18

 

Shenzhen Jiazhong Innovation Investment Enterprise
(Limited Partnership) Partnership Agreement

 

 

 

Shenzhen Jiazhong Innovation Investment Enterprise

(Limited Partnership)

 

 

 

 

Of

 

 

 

 

Partnership Agreement

 

 

 

 

 

 

 

 

 

 

 

Date of signing: June 1, 2021

Place of signing: Shenzhen, China

  

 

 

 

 

 

 

 

 

 

 

 

 

 

     

    Shenzhen Jiazhong Innovation Investment Enterprise (Limited Partnership) Partnership Agreement

    

  

Contents

 

	Interpretation	-1-
	Formation of a limited partnership	-4-
	2.1 Basis for establishment	-5-
	2.2 The name of the limited partnership	-5-
	2.3 Main business premises	-5-
	2.4 Purpose of partnership.	-6-
	2.5 Scope of business	-6-
	2.6 Partners	-6-
	2.7 Partnership Term	-7-
	2.8 Investment Period	-7-
	Contribution method, amount and term of investment	-7-
	3.1 Funding method	-7-
	3.2 Amount of capital contribution subscribed	-7-
	3.3 Payment of capital contributions	-8-
	partner	.-9-
	4.1 Obligations of limited partners	-9-
	4.2 Rights of limited partners	-9-
	4.3 Cooling-off period for investment	-10-
	4.4 Return visit system	-10-
	4.5 General Partner Obligations	-10-
	4.6 Rights of the general partner	-10-
	Execution of partnership affairs	-11-
	5.1 Conditions and selection procedures for executive partners	-11-
	5.2 The authority of the executive partner	-11-
	5.3 Binding effect of the actions of the executive partners on the partnership	-11-
	5.4 Appointment of the Executive Partner	-12-
	5.5 Investment Risk Prevention	-12-
	5.6 Post-investment continuous monitoring	-12-
	5.7 Liability of the executive partner	-12-
	5.8 Limitation of Liability .	-12-
	5.9 Identity Conversion	-13-
	5.10 Information Disclosure System	-13-
	5.11 Operation Maintenance Mechanism	-15-
	Limited Partnership Fees	-16-
	6.1 Limited Partnership Fees	-16-
	Investment Business.	-16-
	7.1 Purpose and method of investment	-16-
	7.2 Investment Restrictions	-16-
	7.3 Related party investment avoidance system	-16-
	7.4 Investment launch	-17-
	Partner Meeting	-17-
	8.1 Partner Meeting	-17-
	Allocation and loss sharing	-18-
	9.1 Assignment	-18-
	9.2 Income tax	-18-
	9.3 Losses and Obligations	-18-

  

    -i-

    Shenzhen Jiazhong Innovation Investment Enterprise (Limited Partnership) Partnership Agreement

    

 

	REPRESENTATIONS AND WARRANTIES	-19-
	10.1 Representations and warranties of limited partners	-19-
	10.2 Representations and warranties of the general partner	-20-
	Accounting and Reporting Systems	-20-
	11.1 No Escrow Instructions	-20-
	11.2 Fiscal Year	-20-
	11.3 Audit and Financial Reporting	-20-
	11.4 Access to financial books	-21-
	Transfer of Equity .	-21-
	12.1 Transfer of partnership interests of limited partners	-21-
	12.2 Transfer of partnership interests of general partners	-22-
	Occupation and Retirement	-22-
	13.1 Admission of limited partners	-22-
	13.2 Withdrawal of limited partners	-22-
	13.3 Withdrawal of the general partner	-22-
	13.4 Removal and replacement of executive partner	-23-
	Inherit	-32-
	Liability for breach of contract	-33-
	Applicable Law and Dispute Resolution	-24-
	16.1 Applicable Law	-24-
	16.2 Dispute Resolution	-24-
	Dissolution and Liquidation	-24-
	17.1 Dissolution.	-24-
	17.2 Liquidation	-24-
	17.3 Sequence of liquidation and settlement	-25-
	Other conventions 	-25-
	18.1 Written Notice 	-25-
	18.2 Force Majeure 	-27-
	18.3 Validity of attachments	-27-
	18.4 Effect of title	-27-
	18.5 FULL AGREEMENT	-27-
	18.6 Severability 	-27-
	18.7 Confidentiality obligations .	-27-
	18.8 Consistency 	-27-
	18.9 Share information backup	-27-
	18.10 Amendment to the Agreement 	-39-
	18.11 Signature of the text 	-28-
	18.12 Effectiveness and termination of the agreement 	-28-

 

    -ii-

    Shenzhen Jiazhong Innovation Investment Enterprise (Limited Partnership) Partnership Agreement

    

  

Special Reminders and Instructions of Executive
Partners

 

The executive partner makes the following special
reminders and instructions to each partner:

 

1. The executive partner has been registered with
the China Fund Industry Association as a partnership enterprise manager, and the manager registration code is: [P1006852];

 

2. The China Fund Industry Association’s registration
and filing for the executive partner and the partnership does not constitute recognition of the executive partner’s investment ability
and continuous compliance, and does not serve as a guarantee for the property safety of the partnership;

 

3. The executive partner has disclosed the relevant
risks to each partner, and has understood each partner’s risk appetite, risk awareness and tolerance;

 

4. The executive partner undertakes to manage
and use the partnership property in accordance with the principles of due diligence, honesty, prudence and diligence, and makes no commitment
to the profitability and minimum returns of the partnership’s activities.

 

It is hereby stated.

 

    -1-

    Shenzhen Jiazhong Innovation Investment Enterprise (Limited Partnership) Partnership Agreement

    

  

SPECIAL STATEMENT OF LIMITED PARTNERS

 

Each limited partner of the partnership enterprise
specifically makes the following statement:

 

1. It is a qualified investor in compliance with
the “Interim Measures for the Supervision and Administration of Private Investment Funds”, and disclosed to the final investor
to the executive partner in accordance with the requirements of the “Interim Measures for the Supervision and Administration of Private
Investment Funds”;

 

2. The source and purpose of its capital contribution
for investment in partnership enterprises are in compliance with relevant state regulations;

 

3. It has fully understood and accepted the terms
of this agreement and understands relevant rights and obligations;

 

4. It has fully understood the relevant laws and
regulations and the risk-return characteristics of investing in the partnership, and is willing to bear the corresponding investment risks;

 

5. If it is a person, it has the civil capacity
to make a decision to invest in the partnership; if it is an institution, its investment in the partnership has been fully authorized
by its internal decision-making process;

 

6. It guarantees that the basic information about
investment purposes, investment preferences, investment restrictions, property income and risk tolerance provided to the executive partner
is true, complete, accurate and legal, and there is no major omission or misleading.

 

It is hereby stated.

 

    -2-

    Shenzhen Jiazhong Innovation Investment Enterprise (Limited Partnership) Partnership Agreement

    

 

Partnership Agreement of Shenzhen Jiazhong Innovation
Investment Enterprise 

(Limited Partnership)

 

In view of the fact that all parties to this agreement
intend to initiate the establishment of a limited partnership to engage in equity investment activities in accordance with the Partnership
Enterprise Law and other relevant laws and regulations, in order to clarify their respective rights and obligations, the parties have
reached an agreement as follows:

 

Article 1 Interpretation

 

In this Agreement, unless the context requires
otherwise, the following words have the meanings set out below:

 

Partnership Law:

 

Refers to the Partnership Enterprise Law of the
People’s Republic of China, which was revised and adopted at the 23rd meeting of the Standing Committee of the Tenth National People’s
Congress of the People’s Republic of China on August 27, 2006, and came into force on June 1, 2007.

 

“Supervision and Management Measures”:

 

Refers to the “Interim Measures for the Supervision
and Administration of Private Investment Funds”, which was deliberated and adopted at the 51st Chairman’s Executive Meeting of the
China Securities Regulatory Commission on June 30, 2014, and shall come into force on the date of promulgation.

 

Measures for the Administration of Information
Disclosure:

 

Refers to the “Administrative Measures for
Information Disclosure of Private Investment Funds”, promulgated by the Asset Management Association of China on February 4, 2016,
and effective from the date of promulgation.

 

Partnership/The Partnership/Fund/The Fund:

 

Refers to Shenzhen Jiazhong Innovation Investment
Enterprise (Limited Partnership)

 

Partner:

 

means the general partner and the limited partner.

 

    -3-

    Shenzhen Jiazhong Innovation Investment Enterprise (Limited Partnership) Partnership Agreement

    

  

General Partner:

 

Refers to the partners who are jointly and severally
liable for the debts of the partnership enterprise. In this agreement, the general partner of the partnership is Shenzhen Zijingang Capital
Management Co., Ltd. (hereinafter referred to as “Zijingang Capital”).

 

Executive partner:

 

Refers to the partner who executes the affairs of
the partnership enterprise and conducts business operations on behalf of the partnership enterprise arising in accordance with the conditions
and procedures specified in this agreement. In this agreement, the executive partner of the partnership is Shenzhen Zijingang Capital
Management Co., Ltd.

 

Executive Partner Designated Representative:

 

Refers to the natural person representative appointed
by the executive partner to sign relevant legal documents on behalf of the partnership to the outside world. In this agreement, the representative
appointed by the executive partner is Chen Jun.

 

Limited partner:

 

Refers to the partners who bear limited liability
for the debts of the partnership enterprise in accordance with the provisions of the law and the provisions of this agreement to the extent
of their subscribed capital contributions.

 

Total subscribed capital contribution:

 

Refers to the total monetary capital contribution
that all partners promise to pay to the partnership enterprise.

 

Contributions subscribed:

 

Refers to the monetary capital contribution that
a partner promises to pay to the partnership.

 

Total paid-in capital contribution:

 

Refers to the total monetary capital contribution
actually paid by all partners to the partnership enterprise.

 

Paid-in capital contribution:

 

Refers to the monetary capital contribution actually
paid by a partner to the partnership enterprise.

 

Covenant partner:

 

It means the partner who doesn’t violate this
agreement.

 

Defaulting Partner:

 

Refers to partners who fail to perform their capital
contribution obligations and/or other obligations in accordance with this Agreement.

 

New Vision Angel Innovation Fund:

 

Refers to Shenzhen New Vision Angel Innovation
Industry Investment Enterprise (Limited Partnership).

 

 

    -4-

    Shenzhen Jiazhong Innovation Investment Enterprise (Limited Partnership) Partnership Agreement

    

 

Average annual return on investment:  

 

 

 

For a partnership
enterprise, it refers to the weighted annualized rate of return (calculated by simple interest) converted from the total profit of the
partnership to the total capital contribution paid by all partners during the duration of the period. The average annual investment rate
of return is calculated according to the following equation:

 

Among them: r is the average annual investment
rate of return, which is the natural number of days from the date when the total paid-in capital contribution of the partnership enterprise
is in place to the date when the partnership enterprise distributes cash for the ith time divided by 365. Fti is the amount of cash distributed
by the partnership enterprise for the ith time, i is the sequential number of allocations by the partnership (i is 1 means the first time,
i is 2 means the second time, and so on). n is the total number of allocations by the partnership (n is 1 means the partnership has only
made one allocation , and n is 2, which means that the partnership has made 2 allocations, and so on).

 

Limited partnership fees:

 

means expenses borne by the partnership.

 

management fee:

 

Refers to the consideration paid by the Partnership
to the Executive Partner for providing partnership management and other services to the Partnership.

 

Partnership Interest:

 

Refers to the rights and interests enjoyed by
the partners in the partnership enterprise in accordance with the provisions of this agreement.

 

Person:

 

Refers to any legal or economic entity such as
a natural person, partnership, company, etc.

 

Working day:

 

Refers to dates other than Chinese statutory holidays
and weekends.

 

Currency/Cash:

 

Unless otherwise specified, the currency or cash
in this agreement refers to RMB.

 

Article 2 Establishment of a Limited Partnership

 

2.1 Basis for establishment

 

The parties to the agreement agree to jointly
establish a limited partnership in accordance with the Partnership Enterprise Law and other relevant laws and regulations as well as the
terms and conditions stipulated in this agreement.

 

2.2 The name of the limited partnership

 

The name of the limited partnership is “Shenzhen
Jiazhong Innovation Investment Enterprise (Limited Partnership)”, hereinafter referred to as “partnership”.

 

2.3 Main business place

 

The main business place of the partnership is:
A602, Innovation Plaza, No. 2007, Pingshan Avenue, Liulian Community, Pingshan Street, Pingshan District, Shenzhen.

 

The executive partner may decide to change the
main business place of the partnership enterprise according to the business operation needs of the partnership enterprise, but shall notify
all partners in writing, and each partner agrees to cooperate in signing the corresponding change registration documents and cooperate
with the corresponding change registration procedures. The executive partner is authorized to sign and/or sign the relevant legal documents
on behalf of the limited partner in accordance with this article and go through the industrial and commercial change registration procedures.

 

    -5-

    Shenzhen Jiazhong Innovation Investment Enterprise (Limited Partnership) Partnership Agreement

    

  

2.4 Partnership Purpose

 

Purpose of the establishment of the partnership:
This time, the capital will be increased to Shenzhen New Vision Angel Innovation Industry Investment Enterprise (Limited Partnership)
with RMB 30 million, accounting for 12.00% of the shares of Shenzhen New Vision Angel Innovation Industry Investment Enterprise (Limited
Partnership) after the capital increase.

 

2.5 Business Scope

 

The business scope of the partnership is: angel
project investment; artificial intelligence industry investment; investment in the establishment of industries; medical industry investment;
education consulting; new energy industry investment; data industry investment; ; Technical consultation, technical services and technology
transfer of electronic products and information technology.

 

2.6 Partners

 

There are 10 partners in this partnership, including
1 general partner and 9 limited partners:

 

	sequence

    No
	 	Partner type	 	Partner name	 	residence	 	Unified social credit code/person

    ID number

	 	 	 	 	 	 	 	 	 
	1	 	general partner and executive partner	 	Shenzhen Zijingang Capital Management Co., Ltd.	 	
    Room 201,Comprehensive Office Building A,Qianhai
    Shenzhen-Hong Kong

    Cooperation Zone Administration, No. 1, Lei Yue
    Mun Street, Shenzhen

     
	 	914403003061539233
	2	 	limited partner	 	Chen Jun	 	
    Room 1801, Bao’an Mansion, Futian District, Shenzhen
    City, Guangdong Province

     
	 	330106196808010410
	3	 	limited partner	 	
    Shenzhen Zijingang Ruitong

    Investment Enterprises

    (Limited Partnership)
	 	
    Room 3601, Wenbo Mansion, No. 2005, Lianhua Road, Community,Jinghua,
Lianhua Street, Futian District, Shenzhen
	 	91440300MA5EJPXJ60
	4	 	limited partner	 	Yang Jun	 	
    Nanguang Road, Nanshan District, Shenzhen City,
    Guangdong Province

    Building C, Pinghai Pavilion, Vientiane New Park,
    No. 67

    14A
	 	430482199004230039
	5	 	limited partner	 	Lin Zhenfa	 	
    Longhua City, Baoan District, Shenzhen City, Guangdong
    Province

    23D, Building A, Building 13, Mingzhu Garden
	 	362402196503240010
	6	 	limited partner	 	Zeng Xiaoping	 	
    North of Nanshan Science and Technology Park,
    Shenzhen, Guangdong Province

    Tsinghua Unisplendour Information Port A, Langshan
    Road, District

    Building ninth floor
	 	362101196408170613
	7	 	limited partner	 	Zheng Ning	 	
    No. 1 Lanxi Valley, Shekou, Nanshan District,
    Shenzhen

    Phase 10 Building 10C
	 	320102195311212437
	8	 	limited partner	 	Ren Haibin	 	
    Building 9, Wener New Village, Xihu District,
    Hangzhou

    Unit 3, Room 401
	 	332622197011070014
	9	 	limited partner	 	Global Mentor Board (Beijing) Information Technology Co., Ltd.	 	
    Room 208, 2nd Floor, Building 1, No. 28 Houtun Road, Haidian District,
Beijing
	 	911101083271466422
	10	 	limited partner	 	Li Fangli	 	
    Guangshen Road, Bao’an District, Shenzhen City,
    Guangdong Province

    Room 5A, Building 4, Xigu Garden, Xixiang Duan
	 	430482198911131881

 

    -6-

    Shenzhen Jiazhong Innovation Investment Enterprise (Limited Partnership) Partnership Agreement

    

  

If there is a change in the limited partners of
the partnership enterprise during the partnership period, corresponding amendments shall be made and the corresponding change registration
procedures shall be completed. The executive partner is authorized to sign and/or sign the relevant legal documents on behalf of the limited
partner in accordance with this article and go through the industrial and commercial change registration procedures.

 

The executive partner shall prepare a register
book of all partners at its business place to record the name, domicile, subscribed capital contribution, paid-in capital contribution
and other information deemed necessary; Changes in the above information shall be updated by the executive partner timely.

 

2.7 Partnership Term

 

The partnership is established from the date of
issuance of the business license, and the partnership period is from April 30, 2020 to April 30, 2040. If the business period of the partnership
enterprise’s industrial and commercial registration is inconsistent with this, the general partner shall independently decide to change
the period to be consistent with the duration of existence at an appropriate time.

 

The executive partner has the right to extend
the operation period of the partnership enterprise at its own discretion according to the operation conditions of the partnership enterprise.
If the executive partner decides to extend the operation period of the partnership, each partner shall cooperate, including but not limited
to signing the corresponding documents and cooperating in the industrial and commercial change registration. If the partnership enterprise
still needs to extend the business period after the second extension, it must be approved by the partners’ meeting.

 

The executive partner is authorized to sign and/or
sign the relevant legal documents on behalf of the limited partner in accordance with this article and go through the industrial and commercial
change registration procedures.

 

2.8 Investment period

 

The “investment
period” of this partnership is [five] years from the date when all
partners of the partnership fully pay the subscribed capital contribution, and the partnership withdrawal period is [five] years from
the date of the expiration of the investment period. If the investment period of the partnership enterprise is extended by the resolution
of the partners’ meeting, the withdrawal period shall be extended accordingly.

 

No term in this Agreement shall be deemed to
be a commitment to a limited partner of a fixed return. This Agreement and any attachments do not constitute any guarantees made by the
Partnership, the General Partner and its affiliates with respect to the future business performance of the Partnership.

 

Article 3 Contribution Method, Amount and Period
of Contribution

 

3.1 Funding method

 

All partners’ capital contributions are in RMB
currency.

 

3.2 Amount of subscribed capital contribution

 

The minimum subscribed capital contribution of
a limited partner is RMB one million yuan. If the competent authority of the partnership enterprise has specific requirements for this,
it shall not be lower than the minimum amount required by the competent authority.

 

    -7-

    Shenzhen Jiazhong Innovation Investment Enterprise (Limited Partnership) Partnership Agreement

    

  

The total subscribed capital contribution of all
partners to the partnership enterprise is RMB 30.01 million. The details of each partner’s
capital contribution are as follows:

 

	sequence

    No
    
	 	Partner
    type	 	Partner
    name	 	subscribed
                                            capital contribution

    (RMB
    10,000 yuan)
	 	The
                                            proportion

    (%)

	1	 	General
    Partner and Executive Partner	 	Shenzhen
    Zijingang Capital Management Co., Ltd.	 	1.00	 	0.033322%
	2	 	limited partner	 	Chen Jun	 	700.00	 	23.325558%
	3	 	limited partner	 	Shenzhen
    Zijingang Ruitong Investment

    Enterprise
    (Limited Partnership)
	 	500.00	 	16.661113%
	4	 	limited partner	 	Yang Jun	 	100.00	 	3.332223%
	5	 	limited partner	 	Lin Zhenfa	 	200.00	 	6.664445%
	6	 	limited partner	 	Zeng Xiaoping	 	200.00	 	6.664445%
	7	 	limited partner	 	Zheng Ning	 	100.00	 	3.332223%
	8	 	limited partner	 	Ren Haibin	 	100.00	 	3.332223%
	9	 	limited partner	 	Global
    Mentor Board (Beijing) Information Technology Co., Ltd.	 	1000.00	 	33.322226%
	10	 	limited partner	 	Li Fangli	 	100.00	 	3.332223%
	 	 	Total	 	 	 	3001	 	100%

 

3.3 Payment of Capital Contribution

 

3.3.1 Contribution

 

Each partner shall make a one-time payment of
the subscribed capital contribution during the existence of the partnership enterprise, and the partner’s capital contribution shall be
paid into the following bank account of the partnership enterprise.

 

The bank account information of the partnership
is as follows:

 

Account name: Shenzhen Jiazhong Innovation Investment
Enterprise (Limited Partnership) special account for raising

 

Account number: 8110 3010 1200 0542 626

 

Account Bank: China CITIC Bank Shenzhen Jingtian
Sub-Branch

 

3.3.2 Agreement on failure to contribute capital
on time

 

Any partner shall pay the subscribed capital contribution
as agreed in the preceding paragraph.If any partner fails to pay the subscribed capital contribution in full within three working days
overdue, it shall be deemed that the partner will automatically give up the qualification for capital contribution and automatically withdraw
from the partnership. The advance payment that this partner has paid to the partnership enterprise according to the “Investment Subscription
Agreement” shall not be refunded . The confiscated advance payment shall be used as other income of the partnership enterprise, and
shall be distributed by all partners according to the proportion of paid-in capital contribution. The capital contribution share of the
partner who voluntarily relinquishes the capital contribution qualification shall be separately raised by the executive partner in accordance
with the law.

 

    -8-

    Shenzhen Jiazhong Innovation Investment Enterprise (Limited Partnership) Partnership Agreement

    

  

Article 4 Partners

4.1 Obligations of limited partners

 

A limited partner shall not execute limited partnership
affairs and shall not represent the partnership enterprise externally. No limited partner shall participate in the management or control
of the investment business of the partnership enterprise and other activities, transactions and business conducted in the name of the
partnership enterprise, shall not sign documents on behalf of the partnership enterprise, and shall not engage in other acts that bind
the partnership enterprise.

 

Limited partners have the following obligations:

 

(1) Pay
the capital on schedule in accordance with the stipulations of this agreement;

 

(2) To assume
limited liability for the debts of the partnership enterprise to the extent of its subscribed capital contribution;

 

(3) Keep the relevant affairs of the partnership
enterprise confidential;

 

(4)  Not
to engage in any activities that are detrimental to the interests of the partnership;

 

(5) Other
obligations stipulated in this agreement and laws and regulations.

 

4.2 Rights of limited partners

 

The exercise of limited partner rights by a limited
partner under the Partnership Law and this Agreement shall not be deemed to constitute a limited partner’s participation in the management
or control of the investment business or other activities of the partnership, thereby causing the limited partner to be identified as
a limited partner under the law or other provisions require general partners who are jointly and severally liable for the debts of the
partnership.

 

Limited partners have the following rights:

 

(1) Supervise the execution of partnership affairs
by the executive partner;

 

(2) Suggestions on the operation and management of
the partnership enterprise;

 

(3) Participate in the partner meeting and exercise
the corresponding voting rights;

 

(4) To understand the operating and financial status
of the partnership enterprise, and to consult the financial information such as the partnership enterprise’s
financial accounting books for situations involving self-interest;

 

(5) When the interests of the partnership enterprise
are infringed upon, claim the rights or file a lawsuit against the responsible partner;

 

(6) When the executive partner is lazy in exercising
his rights, urge him to exercise his rights or file a lawsuit in his own name for the benefit of the partnership enterprise;

 

(7) According to the stipulations of this agreement,
enjoy the right to distribute the partnership interests;

 

(8) When the partnership enterprise is dissolved
and liquidated, it shall participate in the distribution of the remaining property of the partnership enterprise according to the actual
paid-in capital contribution;

 

(9) Other rights stipulated in this agreement
and laws and regulations.

 

The rights of all limited partners in the partnership
are not prioritized or inferior, and no limited partner has priority over other limited partners in terms of recovering the paid-in capital
contribution and obtaining other properties that may be distributed by the partnership.

 

    -9-

    Shenzhen Jiazhong Innovation Investment Enterprise (Limited Partnership) Partnership Agreement

    

 

4.3 Investment Cooling-off Period

 

4.3.1 The limited partner has a 24-hour investment
cooling-off period. During the investment cooling-off period, the executive partner shall not take the initiative to contact the limited
partner.

 

4.3.2 The investment cooling-off period shall
be counted from the date of signing this agreement.

 

4.4 Return to Visit System

 

4.4.1 The executive partner shall instruct its
personnel not engaged in fund sales and promotion business to conduct investment return visits to the limited partner by appropriate means
such as recorded telephone calls, emails, and letters.

 

4.4.2 The executive partner shall set the content
of the return visit in accordance with the provisions of the “Administrative Measures for the Raising Behavior of Private Investment
Funds”.

 

4.4.3 The limited partner has the right to terminate
this agreement before the successful return to visit of the executive partner.

 

4.4.4 If the limited partner cancels this agreement
before the confirmation of the return visit, it shall issue a written notice to the executive partner; All subscription monies paid, if
any.

 

4.4.5 Without the confirmation of the return to
visit, the fund subscription fund paid by the limited partner shall not be transferred from the fundraising account to the fund property
account or the custodial fund account, and the executive partner shall not invest and operate the subscription fund fund paid by the limited
partner.

 

4.5 Obligations of General Partner

 

The general partner has the following obligations:

 

(1) Make decisions and implement investment in
accordance with the purpose of the partnership. If it deviates from the purpose of partnership, the investment should be approved by the
limited partners.

 

(2) Pay the capital on schedule in accordance
with the stipulations of this agreement;

 

(3) Maintain the property of the partnership enterprise
in accordance with the partnership agreement;

 

(4) Not to engage in investment activities that
may damage the interests of the partnership;

 

(5) assume unlimited joint and several liability
for the debts of the partnership enterprise;

 

(6) Keep the partnership affairs and investment
operations in the partnership enterprise confidential;

 

(7) Other obligations stipulated in this agreement
and laws and regulations.

 

4.6 General Partner Rights

 

The general partner has the following rights:

 

(1) Participate in or appoint proxies to participate
in the partnership meeting in accordance with the law, and exercise the corresponding voting rights;

 

(2) enjoy the right to distribute partnership
interests;

 

(3) When the partnership enterprise is liquidated,
it shall participate in the distribution of the remaining property of the partnership enterprise according to its actual paid-in capital
contribution;

 

(4) The general partner serving as the executive
partner also enjoys the rights under Article 5.2.1 of this agreement;

 

(5) Other rights stipulated in this agreement
and laws and regulations.

 

    -10-

    Shenzhen Jiazhong Innovation Investment Enterprise (Limited Partnership) Partnership Agreement

    

 

Article 5 Execution of Partnership Affairs

 

5.1 Conditions and selection procedures for executive
partners

 

5.1.1 The executive partner of a partnership enterprise
shall meet the following conditions: be an institution registered within the territory of the People’s Republic of China; be a general
partner of the partnership enterprise.

 

5.1.2 The executive partner shall be selected
or replaced by the unanimous consent of all partners other than the executive partner.

 

5.1.3 In this agreement, all partners unanimously
agree that the general partner Zijingang Capital shall serve as the executive partner of the partnership.

 

5.2 Authority of the executive partner

 

5.2.1 The executive partner has the exclusive
and exclusive rights to execute partnership affairs as stipulated in the Partnership Enterprise Law and this Agreement, including but
not limited to:

 

(1) Responsible for the investment, management,
exit and other daily affairs of the partnership;

 

(2) Manage, maintain and dispose of the assets
of the partnership, including but not limited to investment assets, non-investment assets, intellectual property, movable property, real
estate, etc.;

 

(3) Take all actions necessary to maintain the
legal existence of the partnership and carry out business activities as a partnership;

 

(4) To open, maintain and cancel the bank account
of the partnership, and to issue cheques and other payment vouchers;

 

(5) Employ professionals, intermediaries and consultants
to provide services to the partnership;

 

(6) Approving the transfer of limited partnership
interests by limited partners;

 

(7) To negotiate, negotiate and reconcile with
the other party to the dispute; to decide whether to file a lawsuit or respond to a lawsuit for the benefit of the partnership, conduct
arbitration, etc.;

 

(8) Handle the tax-related matters of the partnership
enterprise according to law;

 

(9) Signing documents on behalf of the partnership;

 

(10) Change the main business place of the partnership
enterprise;

 

(11) Take other actions necessary to achieve the
purpose of the partnership, maintain or strive for the legitimate rights and interests of the partnership;

 

(12) Other functions and powers conferred by this
agreement and laws and regulations.

 

5.2.2 The executive partner establishes an investment
decision-making committee. The investment decision-making committee is composed of 3 members and adopts a 3-vote approval system. The
investment decision-making committee decides on the investment, management, and withdrawal of Shenzhen New Vision Angel Innovation Industry
Investment Enterprise (Limited Partnership), as well as the appreciation of idle funds except for depositing in banks, purchasing treasury
bonds, monetary funds, capital-guaranteed wealth management products, time deposits, and fixed-income products invest.

 

5.2.3 The executive partner shall set up a
risk control committee. Before the approval of the risk control committee, the investment project cannot be submitted to the
investment decision-making committee for decision-making.

 

5.2.4 Sincethe partnership is specially established
for Shenzhen New Vision Angel Innovation Industry Investment Enterprise (Limited Partnership), the raised funds of the partnership will
be invested in Shenzhen New Vision Angel Innovation at one time, except for daily expenses such as reserved management fees. Industrial
Investment Enterprise (Limited Partnership).

 

5.3 Binding force of the actions of the executive
partners on the partnership enterprise

 

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    Shenzhen Jiazhong Innovation Investment Enterprise (Limited Partnership) Partnership Agreement

    

 

All acts of the executive partner and his/her
delegated representatives for the executive partnership, including business cooperation with any third party and negotiation on relevant
matters, are binding on the partnership.

 

5.4 Representatives appointed by the executive
partner

 

5.4.1 The executive partner shall designate its
designated representative in writing to be responsible for the specific execution of partnership affairs. The executive partner shall
ensure that its appointed representative independently executes the affairs of the partnership and abides by the provisions of this agreement.

 

5.4.2 The executive partner may decide to replace
its appointed representative, but the replacement shall notify all partners in writing and go through the corresponding enterprise change
registration procedures. For the purpose of handling the corresponding corporate change registration procedures, the executive partner
is authorized to sign and/or sign all relevant legal documents on behalf of the limited partner in accordance with this article.

 

5.5 Investment Risk Prevention

 

To prevent investment risks, executive partners
should:

 

5.5.1 Establish an authorization system and establish
and improve authorization standards and procedures.

 

5.5.2 Establish a sound property separation system.

 

5.5.3 Establish and improve investment business
control, ensure that investment decisions are strictly in accordance with laws and regulations, and meet the investment objectives, investment
scope, investment strategy, investment portfolio and investment restrictions stipulated in this agreement.

 

5.5.4 Implement the requirements of the “Guidelines
for Internal Control of Private Investment Fund Managers” and other relevant rules of the China Asset Management Association.

 

5.6 Continuous monitoring after investment

 

After the signing of this agreement, the executive
partner shall:

 

5.6.1 Track the implementation of the terms of
the agreement;

 

5.6.2 Supervise the financial status of the accused
investment enterprise;

 

5.6.3 Participate in major business decisions
of the invested enterprise.

 

5.7 Liability of the executive partner

 

The executive partner shall seek benefits for
the partnership enterprise based on the principle of good faith. For the Executive Partner and its officers, employees, any person who
is or has been a member of the Investment Committee (collectively, the “Indemnified Persons”) in connection with the partnership’s
affairs, investments or otherwise in accordance with applicable law and this Agreement The Partnership shall indemnify and indemnify the
Indemnified Persons from all losses, fines, costs and expenses suffered thereby, to the fullest extent permitted by applicable law, from
any claim, action, arbitration, investigation, suffered or likely to be damage. For the avoidance of doubt, the foregoing remedies shall
not apply to losses, fines, costs and expenses arising out of claims, lawsuits, arbitrations, investigations resulting from the willful
or gross negligence of the indemnified persons. If the partnership enterprise suffers damage or assumes debts or liabilities due to the
intentional or gross negligence of the executive partner, the executive partner shall be liable to the partnership enterprise for compensation.

 

5.8 Limitation of Liability

 

The executive partner does not guarantee the investment
income of the limited partner. All distributions from the partnership to the partners are derived from the distributable assets of the
partnership.

 

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    Shenzhen Jiazhong Innovation Investment Enterprise (Limited Partnership) Partnership Agreement

    

 

5.9 Identity Conversion

 

Unless otherwise provided by law or a written
decision reached by all partners unanimously, a limited partner cannot be transformed into an executive partner, and an executive partner
cannot be transformed into a limited partner.

 

5.10 Information Disclosure System

 

The executive partner shall disclose information
to other partners in accordance with the provisions of the “Administrative Measures for Information Disclosure” and the stipulations
of this agreement.

 

5.10.1 Quarterly Information Disclosure

 

The executive partner shall disclose the following
information to the limited partner within 10 working days from the end of each quarter:

 

(1) Basic information of the partnership, including
but not limited to the net worth of the partnership, the main financial indicators of the partnership, and the investment portfolio;

 

(2) Information of the fund manager and custodian;

 

(3) Information on limited partners;

 

(4) The investment and operation of the partnership,
including the investment projects and the funds invested;

 

(5) Details of the expenses of the partnership
enterprise;

 

(6) Other special circumstances statement and
manager’s report (if necessary).

 

5.10.2 Semi-annual information disclosure

 

(1) Basic information of the partnership enterprise,
including but not limited to the total assets of the partnership enterprise at the end of the period, the net assets of the partnership
enterprise at the end of the period, and the number of investors;

 

(2) Information of the fund manager and custodian;

 

(3) Information on limited partners;

 

(4) The investment and operation of the partnership,
including the investment projects and the funds invested;

 

(5) Details of the expenses of the partnership
enterprise;

 

(6) Other special circumstances statement and
manager’s report (if necessary).

 

5.10.3 Annual Information Disclosure

 

The executive partner shall disclose the following
information of the partnership enterprise to the limited partner within 4 months from the end of each year:

 

(1) Basic information of the partnership enterprise,
including but not limited to the net value of the partnership enterprise at the end of the reporting period, and the total partnership
share of the partnership enterprise;

 

(2) Description of the partnership, including
investment objectives, investment strategies, investment scope, industries of interest, stages of interest, and other matters that need
to be explained;

 

(3) Manager and custodian information;

 

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    Shenzhen Jiazhong Innovation Investment Enterprise (Limited Partnership) Partnership Agreement

    

 

(4) Information on limited partners;

 

(5) Information on outsourcing agencies, including
accounting firms and registration agencies;

 

(6) The operation of the partnership, including
the cumulative operation, the projects held and the funds invested;

 

(7) Main financial indicators, fund expenses and
profit distribution;

 

(8) Changes in limited partners;

 

(9) Manager and custodian reports (if any);

 

(10) The audit report of the partnership enterprise;

 

(11) The investment and operation of the partnership
enterprise and the use of leverage;

 

(12) The account information of the partners of
the partnership enterprise, including the subscribed capital contribution, the paid-in capital contribution, the unpaid capital contribution
and the total share of the partnership enterprise held by each partner at the end of the reporting period;

 

(13) Investment income distribution and loss assumption;

 

(14) The management fees and income share charged
by the executive partner, including the basis for accrual, accrual method and payment method.

 

5.10.4 Information disclosure of major events

 

During the execution of partnership affairs by
the executive partner, if the following events occur, the executive partner shall report to the other partners within two working days
from the date of the occurrence of the event or the date of knowing the occurrence of the event:

 

(1) The name, registered address and organizational
form of the partnership enterprise are changed;

 

(2) The purpose, investment scope and investment
strategy of the partnership have undergone major changes;

 

(3) Change of executive partner or custodian (if
any);

 

(4) The representative appointed by the executive
partner or the actual controller of the executive partner has changed;

 

(5) Changes in management rates and custody rates;

 

(6). Changes in the income sharing matters of
the partnership enterprise;

 

(7) The duration of the partnership enterprise
is changed or extended;

 

(8) The partnership enterprise is liquidated;

 

(9) The occurrence of major related-party transactions;

 

(10) The fund’s stop-loss line or early warning
line is touched;

 

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    Shenzhen Jiazhong Innovation Investment Enterprise (Limited Partnership) Partnership Agreement

    

 

(11) The representative, actual controller or
senior management of the executive partner is suspected of major violations of laws and regulations or is under investigation by the regulatory
authority or self-discipline management authority;

 

(12) Major lawsuits and arbitrations involving
partnership management business, partnership property, and partnership trusteeship;

 

(13) Other executive partners or the partnership
has any major matters that are in crisis or may endanger the interests of the partnership.

 

In addition to fulfilling the obligation of information
disclosure in accordance with this paragraph, the executive partner shall also take effective remedial measures in a timely manner to
minimize possible losses.

 

5.10.5 Information disclosure methods

 

The executive partner shall establish and improve
the information disclosure control system, and assign a special person to be responsible for the management of information disclosure.
The executive partner shall disclose various information of the partnership enterprise to other partners in accordance with the information
disclosure content and disclosure frequency stipulated in this article. Information disclosure can take any one or more of the four methods
of personal delivery, mail, e-mail, fax, etc. The specific method is selected by the executive partner.

 

The executive partner should also submit information
through the private fund information disclosure backup platform designated by the China Fund Industry Association. The past performance
of the executive partner and the operation of the private equity fund are subject to the data submitted by the executive partner to the
private equity fund information disclosure backup platform.

 

All partners agree that the executive partner
or other information disclosure obligor shall back up the fund information disclosure information in accordance with the provisions of
the China Fund Industry Association.

 

5.10.6 Responsibility for Information Disclosure

 

If the executive partner fails to disclose information
in accordance with the provisions of this article, other partners may complain or report to the China Fund Industry Association.

 

5.11 Operation Maintenance Mechanism

 

If the private fund manager is announced by the
Asset Management Association of China as a lost institution or has been deregistered as a private fund manager, and one of the following
conditions is met, the private fund manager shall be deemed to have objectively lost the ability to continue to manage the fund:

 

5.11.1. The private equity fund manager expressly
no longer performs the duties of the private equity fund manager in writing and affixes the seal of the manager;

 

5.11.2. The legal representative/executive partner
of the private equity fund manager expressly no longer performs the duties of the private equity fund manager;

 

5.11.3. Thirty days after any partner of the partnership
enterprise sends a written notice to the private equity fund manager by email, letter, etc. and urges him to liquidate the fund, the private
equity fund manager has not yet terminated the operation of the fund, initiates liquidation proceedings;

 

5.11.4. The private equity fund manager entered
into liquidation due to the lawful dissolution, revocation, bankruptcy and other reasons. If the private fund manager objectively loses
the ability to continue to manage the fund, the partners of the partnership enterprise have the right to convene a partner meeting and
elect a partner representative according to the contract, and then negotiate with the private fund custodian for a follow-up disposal
plan. The follow-up disposal plan includes but is not limited to the formation of a liquidation team, and the liquidation team negotiates
the follow-up disposal arrangements with relevant parties (the lower-level asset management product managers or custodians, target companies,
debtors, etc.). During this period, the private fund custodian shall still perform the obligation to keep the funds in the custody fund
account in accordance with the contract.

 

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    Shenzhen Jiazhong Innovation Investment Enterprise (Limited Partnership) Partnership Agreement

    

 

Article 6 Limited Partnership Fees

 

6.1 Limited Partnership Fees

 

6.1.1 The expenses directly borne by the partnership
enterprise include the following expenses related to the establishment, operation, termination, dissolution and liquidation of the partnership
enterprise:

 

(1) start-up fee;

 

(2) management fee;

 

(3) Custody fee (if any);

 

(4) Transaction taxes and fees related to investment
projects;

 

(5) Audit fees, attorney fees, financial advisory
fees, litigation fees and arbitration fees related to the investment project;

 

(6) Other expenses not listed above, but generally
not included in the general partner’s daily operating expenses.

 

6.1.2 Start-up fee

 

Refers to the expenses related to the formation
and establishment of a partnership enterprise, including preparation, subscription, legal, financial and other professional consulting
fees.

 

6.1.3 Management fee

 

As consideration for the management and other
services provided by the executive partner to the partnership, both parties agree that the partnership shall pay management fees to the
executive partner during its existence in accordance with the following provisions:

 

During the partnership term of the partnership,
no management fee will be charged at the partnership level.

 

6.1.4 The following expenses shall be borne by
the executive partner with the management fee collected by himself:

 

(1) Expenses related to project collection, research,
management, consulting, value-added services, etc.;

 

(2) Office rent, property management fee, water
and electricity fee, communication fee, office facility fee of the executive partner;

 

(3) Expenses of the management team;

 

(4) Other daily operating expenses of the executive
partner.

 

Article 7 Investment business

 

7.1 Purpose and method of investment

 

The investment purpose of the partnership is to
invest in the New Vision Angel Innovation Fund.

 

The idle funds of the partnership enterprise can
be deposited in banks, purchased treasury bonds, monetary funds, capital-guaranteed wealth management products, time deposits, fixed-income
products, or other idle funds value-added investment approved by the investment decision-making committee of the executive partner.

 

7.2 Investment restrictions

 

7.2.1 No active investment in real estate or
other fixed assets is allowed without the consent of the partner meeting.

 

7.2.2 Without the consent of the
partners’ meeting, the partnership enterprise shall not raise debts or provide external guarantees during the existence of the
partnership.

 

7.3 Related party investment avoidance system

 

7.3.1 The limited partner further agrees and recognizes
that when the general partner and its affiliates manage multiple affiliated funds, although the partnership and such affiliated funds
may have the conditions to invest in a certain investment target, the partnership and the These affiliated funds may not be able to invest
in the investment target at the same time (for whatever reason), then the general partner and its affiliates have the right to use the
collective investment vehicle with the previous date of establishment to invest in the investment target. Under such circumstances, such
acts of the General Partner and its affiliates shall not be deemed to be any breach of this Agreement by the General Partner.

 

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    Shenzhen Jiazhong Innovation Investment Enterprise (Limited Partnership) Partnership Agreement

    

 

7.3.2 The limited partner hereby
acknowledges and agrees that the general partner and the general partner’s shareholders, partners, directors, senior
management and related parties may conduct transactions or actions that may arise between the partnership and such personnel.
Potential or actual conflict of interest. In any matter involving a potential or actual conflict of interest, the general partner
will use his reasonable and subjective judgment on the interests of the partnership, and take measures that the general partner
deems necessary or appropriate to resolve the conflict of interest.

 

7.3.3 For any related party transaction
conducted by the partnership, the related party shall disclose its related relationship with the transaction to the partnership, and
the related party shall not participate in the investment decision of the related party transaction, but all partners unanimously
agree that the related party Except for participation in decision-making, and for the occurrence of connected transactions, the
general partner shall promptly inform the limited partner.

 

7.4 Investment exit

 

Partnerships mainly withdraw profits through the
initial public offering of stocks by the invested companies, and also exit through mergers and acquisitions, or management buybacks.

 

Article 8 Partners Meeting

 

8.1 Partner meeting

 

8.1.1 The partner meeting is the highest authority
of the partnership, convened and chaired by the executive partner. The partners’ meeting discussed and decided on the following matters:

 

(1) Hear the annual report of the executive partner;

 

(2) Change the enterprise name of the partnership
enterprise;

 

(3) Extending the partnership period of the partnership
enterprise;

 

(4) Change the executive partner;

 

(5) Dissolution and liquidation of partnership
enterprises;

 

(6) Amendments to other contents of the partnership
agreement, except for the relevant contents of the matters that expressly authorize the executive partner to decide independently;

 

(7) Non-cash distribution;

 

(8) Laws, regulations and other matters that should
be decided by the partners’ meeting as stipulated in this agreement.

 

8.1.2 When discussing the items in Section 8.1.1
at the partner meeting, a resolution can only be made by the partners who hold more than two-thirds of the total paid-in capital contribution.
Matters that are unanimously agreed by all partners other than the business partner shall be agreed upon.

 

8.1.3 The executive partners shall convene the
first partner meeting within three months from the date when each partner pays the full subscribed capital contribution to the partnership.
The executive partner shall hold an annual partner meeting every year. Before the meeting, the executive partner shall notify all partners
in writing ten working days in advance.

 

8.1.4 The executive partner or the limited partner
representing more than one third of the total paid-in capital of the partnership enterprise may convene an interim partner meeting after
being notified in writing ten working days in advance.

 

8.1.5 The meeting notice of the partner meeting
shall at least include the following contents:

 

(1) The time and place of the meeting;

 

(2) the method of convening the meeting;

 

(3) The agenda of the meeting;

 

(4) Meeting materials necessary for voting;

 

(5) Contact person and contact information.

 

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Article 9 Distribution and Loss Sharing

 

9.1 Assignment

 

9.1.1 The cash income obtained by the partnership
enterprise (cash income includes but not limited to interest, dividends, debt interest, bonus, equity transfer income, stock sale income,
etc.) shall be distributed to the partners in accordance with the provisions of Section 9.1.

 

9.1.2 The specific allocation method is as
follows:

 

(1) When the average annual investment rate of
return of the partnership enterprise is less than 0, the distributable cash income obtained by the partnership enterprise shall be distributed
according to the actual capital contribution ratio of each partner;

 

(2) When the average annual investment rate
of return of the partnership is equal to or greater than 0, the distribution shall be made according to the following order and
calculation formula:

 

The limited partners and general partners are
allocated in accordance with the following agreements:

 

The distribution amount of each partner = the
partner’s actual capital contribution ratio x (the total amount of distributable cash income of the partnership enterprise - the total
amount of capital contribution paid by the partnership enterprise) x 100% - the investment income obtained;

 

9.1.3 Non-cash distributions:

 

Before the liquidation of the partnership, the
executive partner shall do his best to realize the investment of the partnership and avoid non-cash distribution; however, if the executive
partner decides that non-cash distribution is more in the interests of all partners, Then the executive partner may propose to the partner
meeting to distribute in a non-cash way, which will be decided by the partner meeting.

 

(1) Before liquidation, for publicly traded and
negotiable securities, the value of such securities shall be determined by the arithmetic average of the closing prices of such securities
within 20 securities trading days prior to the date of the allocation decision.

 

(2) Before liquidation, for non-publicly traded
and unlisted equity, assets, etc., the part of equity or assets shall be determined through the evaluation of the part of equity or assets
by an intermediary agency with securities and futures-related business qualifications jointly designated by limited partners and general
partners. its value.

 

9.1.4 When an executive partner makes a
non-cash distribution to a partner, it is deemed to have made a cash distribution.

 

9.1.5 When a partnership enterprise conducts
non-cash distribution, the executive partner shall be responsible for assisting each partner in handling the transfer registration
procedures of the distributed assets, and assisting each partner in fulfilling the information involved in the transfer of such
assets in accordance with relevant laws and regulations Disclosure obligations; partners who accept non-cash distributions can also
entrust the executive partner to dispose of the non-cash assets allocated by them according to their instructions.

 

9.2 Income tax

 

According to the provisions of the Partnership
Enterprise Law, a partnership enterprise is not the subject of income tax taxpayers. The income part of the funds distributed by the partners
after the investment cost is recovered shall be declared and paid by each partner according to the relevant regulations. If the law requires
partnership If the enterprise withholds and pays, the partnership will withhold and pay in accordance with the law.

 

9.3 Losses and Debt Assumptions

 

9.3.1 The losses of a partnership enterprise shall
be shared by the partners according to the proportion of their paid-in capital contributions.

 

9.3.2 The limited partners shall be liable for
the debts of the partnership enterprise within the limit of their subscribed capital contributions, and the general partners shall bear
unlimited joint and several liability for the debts of the partnership enterprise.

 

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    Shenzhen Jiazhong Innovation Investment Enterprise (Limited Partnership) Partnership Agreement

    

 

Article 10 Representations and Warranties

 

10.1 Representations and warranties of limited
partners

 

10.1.1 The limited partners hereby undertake and
warrant that:

 

(1) It is an unincorporated collective investment
vehicle ( asset management plan, trust plan, contractual fund, etc.), or a Chinese natural person with full capacity for civil conduct;

 

(2) Its direct or indirect shareholders, partners,
ultimate investors, and ultimate beneficiaries are all domestic-funded legal entities or natural persons of Chinese nationality, and the
capital invested in the partnership does not include funds from outside China; there is no overseas capital/entity Have control or any
form of affiliation through any structured arrangement over the funds used by such direct or indirect shareholders, partners, ultimate
investors, and ultimate beneficiaries;

 

(3) If it is an entity, its signing this agreement,
investing in a partnership enterprise, and fulfilling its capital contribution commitments in accordance with this agreement will not
cause it to violate laws and regulations, its constitutional documents, other internal regulations, or have any rights to it under other
agreements. any provision that is legally binding; it has entered into this agreement with a valid resolution and has been fully authorized
(if applicable) in accordance with its internal procedures, and the person signing this agreement on its behalf has obtained its appropriate
authorization;

 

(4) Except for the circumstances that have been
disclosed to and accepted by the executive partner, it holds partnership interests for its own interests, and there is no entrustment,
trust or nominee relationship on such interests, and Such circumstances will not change during the existence of the partnership without
the consent of the executive partner;

 

(5) It has obtained the offering documents previously
provided to it by the executive partner and has carefully read the contents of such documents, and has fully obtained the relevant risk
disclosure contents, and has sufficient investment knowledge and experience to fully understand the participation in the partnership enterprise
possible risks and have sufficient financial capacity to bear those risks;

 

(6) It decides to participate in the partnership
enterprise based on its own independent judgment and does not rely on any advice provided by the executive partner or its management team,
or any representations, warranties and agreements other than those stipulated in this agreement;

 

(7) It has carefully read this agreement and understood
the exact meaning of the terms of this agreement, and there is no misunderstanding;

 

(8) The source of the capital contribution paid
to the partnership enterprise is legal;

 

(9) If it is confirmed by the legal opinion issued
by the relevant law firm that it believes that its own, direct or indirect shareholders, partners, ultimate investors, actual controllers
and/or ultimate beneficiaries have any its authorized body) filing, the liquidation and dissolution of the partnership cause or will cause
a material or substantial impediment, such limited partners within a reasonable time before the partnership applies for the filing or
liquidation or dissolution or within a reasonable period recommended by the executive partner (latest at the latest). shall not exceed
the time limit required in writing by the intermediary agency hired by the partnership enterprise) to rectify or withdraw from the partnership
enterprise. The rectification plan or withdrawal method shall not affect the completion of filing or liquidation and dissolution of the
partnership enterprise at that time. Sure;

 

(10) The data or information provided to the partnership
and executive partner regarding its subject qualification and legal status is true, accurate, complete, legal and valid, and if such data
or information changes, it will immediately notify the executive affairs partner;

 

(11) If it is an unincorporated collective investment
vehicle (such as asset management plan, partnership enterprise, trust plan, etc.): if it should be filed according to applicable laws,
it has been filed and promises not to violate applicable laws and regulations during the duration of the partnership. Relevant regulations
or policies; if it is not required to be filed under applicable laws, it undertakes to disclose a list of all its nominees and equity
owners (“beneficiaries”) as of the date of signing this agreement in the format required by the executive partner, and it undertakes
to disclose The information contained in the checklist is true, accurate and complete in all respects. The number of beneficiaries, the
source of funds, and the use of all its beneficiaries comply with applicable laws and relevant regulations or policies (including but
not limited to the “Supervision and Administration Measures”).
The beneficiaries hold their rights and interests for their own interests, and not for a trust, or nominee during the whole period term
of the partnership. If requested by the executive partner, it will cause each of its beneficiaries to sign and provide the executive partner
with confirmation documents similar to the aforementioned disclosure list and other documents reasonably required by the executive partner
in accordance with the law; When executed, it becomes legally binding and enforceable against it, and, unless otherwise provided by law
or this Agreement, has no right to rescind, terminate this Agreement, or withdraw its subscribed capital contribution, or withdraw any
powers it conferred under this Agreement.

 

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    Shenzhen Jiazhong Innovation Investment Enterprise (Limited Partnership) Partnership Agreement

    

 

10.1.2 If a limited partner violates the above-mentioned
representations and warranties, it shall be deemed as a defaulting partner and shall be liable for the corresponding breach of contract
in accordance with the stipulations of this agreement.

 

10.2 Representations and warranties of the general
partner

 

The General Partner hereby undertakes and warrants
that:

 

(1) They have carefully read this agreement and
understand the exact meaning of the content of this agreement;

 

(2) The source of the capital contribution paid
to the partnership enterprise is legal;

 

(3) The person who signed this agreement has made
a valid resolution according to its internal procedures and obtained full authorization, and the person who signed this agreement on its
behalf is its legal and effective representative;

 

(4) Signing this agreement will not cause it to
violate its charter, internal governance system, any provisions that are legally binding on it, or its obligations under other agreements;

 

(5) It holds partnership interests for its own
benefit, and there is no entrustment, trust or nominee relationship on such interests.

 

Article 11 Accounting and Reporting System

 

11.1 No custodian

 

Since the partnership is specially set up for
investment in the target company, the raised funds of the partnership will be invested in the target company at one time except for a
small amount of fees. For cost control, all partners agree that the partnership will not have a custodian. It is not entrusted to financial
institutions for custody, and the fund manager manages by itself in accordance with the “Partnership Agreement”. The executive
partner shall strictly abide by the financial management system to manage the monetary assets in the partnership account.

 

11.1.1 All the funds of the partnership enterprise
are deposited into the partnership enterprise account, and all monetary income and expenditure activities during the existence of the
partnership enterprise shall be conducted through the partnership enterprise account.

 

11.1.2 The payment to the partnership account
shall be made with the unanimous consent of the executive partner and the limited partner with the first or second or third highest capital
contribution.

 

11.1.3 The partnership enterprise has opened the
online banking payment function, and the executive partner and the limited partner with the first, second or third highest capital contribution
will jointly manage the daily fund transfer and management of the online banking system of the partnership enterprise account. It is completed
by the executive partner and the limited partner with the first or second or third highest capital contribution.

 

11.1.4 The online inquiry function of the partnership
enterprise account has been opened, and all partners have the right to inquire about the details of the partnership enterprise account.
The executive partner shall promptly reply to the limited partner’s inquiries about the partnership enterprise account details.

 

11.1.5 If the executive partner fails to conduct
income and expenditure operations on the partnership account as agreed, the executive partner shall be fully responsible for the losses
caused thereby.

 

11.2 Fiscal Year

 

The fiscal year of a partnership enterprise is
from January 1 to December 31 of the Gregorian calendar each year, but the first fiscal year is from the date of establishment of the
partnership to December 31 of the current year.

 

11.3 Audit and Financial Reporting

 

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    Shenzhen Jiazhong Innovation Investment Enterprise (Limited Partnership) Partnership Agreement

    

 

11.3.1 The executive partner shall maintain accounting
books and prepare accounting statements that comply with the relevant laws and reflect the transaction items of the partnership within
the statutory period.

 

11.3.2 The partnership shall audit the financial
statements of the partnership by a qualified independent auditor after the end of each fiscal year.

 

11.3.3 The executive partner shall submit the
partnership audit report to all partners within four months after the end of the fiscal year, including the following audited financial
statements:

 

(1) Balance sheet;

 

(2) Profit and loss statement;

 

(3) Cash flow statement.

 

11.4 Check the financial books

 

A limited partner shall have the right to inspect
and copy the accounting books of the partnership enterprise in person or by an agent within a reasonable time during normal working hours
for legitimate matters related to the limited partnership interest held by him, but shall notify the executive in writing at least five
days in advance. partner. The limited partners shall abide by the confidentiality procedures and regulations of the partnership in exercising
their rights under this article.

 

Article 12 Transfer of Equity

 

12.1 Transfer of partnership interests of limited
partners

 

12.1.1 The transfer of partnership interests by
limited partners shall strictly comply with the provisions of this Agreement.

 

12.1.2 For the transfer of partnership rights
and interests between limited partners, a written application shall be submitted to the executive partner, specifying the share of rights
and interests to be transferred and the price to be transferred. The executive partner has the discretion to approve such applications.
If the executive partner approves the transfer, the executive partner shall notify all limited partners in writing of the transfer of
partnership interest thirty days in advance.

 

12.1.3 If a limited partner transfers partnership
rights and interests to its affiliates or immediate family members (referring to spouses, parents, children, siblings, the same below),
a written application shall be submitted to the executive partner, stating the share of rights and interests to be transferred and the
plan to be transferred. transfer price. The executive partner has the discretion to approve such applications. If the executive partner
approves the transfer, the executive partner shall notify all limited partners in writing of the transfer of partnership interest thirty
days in advance.

 

12.1.4 Except for the transfer of partnership
interests as described in Sections 12.1.2 and 12.1.3, if a limited partner (“Transferor”)
intends to transfer its partnership interests, it shall submit a written application to the executive partner, stating The share of equity
to be transferred and the price to be transferred. The executive partner has the discretion to approve such applications.

 

If the executive partner approves the transfer,
the executive partner will send a written notice to all limited partners stating the share of interest to be transferred and the price
to be transferred. Limited partners who intend to transfer such partnership interests shall reply in writing within 30 working days after
receiving the notice.

 

The executive partner who fails to reply within
the time limit shall be deemed to have waived the right of preemption. If two or more limited partners claim to exercise the right of
first refusal, they shall negotiate to determine their respective transfer ratios; if the negotiation fails, the right of first refusal
shall be exercised according to the proportion of their respective paid-in capital contributions at the time of transfer. The transferor
must transfer the partnership interest at the proposed transfer price stated in the application. If all limited partners give up the right
of first refusal, the executive partner has the right to send a written notice to the transferor within ten working days after the expiry
of the above-mentioned thirty working days, and accept the transfer at the proposed transfer price stated in the application. Partnership
Interest.

 

If the executive partner waives the right of priority,
the transferor may transfer the partnership interest to a third party at the proposed transfer price stated in the transfer application.
If the transferor intends to transfer the partnership interest at a price lower than the proposed transfer price stated in the transfer
application, the transferor shall file a new application under this Article.

 

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    Shenzhen Jiazhong Innovation Investment Enterprise (Limited Partnership) Partnership Agreement

    

 

12.1.5 If the transferor transfers the partnership
interest to a third party other than the partner in accordance with this agreement, the proposed transferee (“proposed
transferee”) shall submit to the executive partner a statement of
its agreement to be bound by this agreement. and a letter of commitment to abide by this agreement, to undertake all the obligations of
the transferor, and other documents, certificates and information that the executive partner deems appropriate; and the transferor or
the proposed transferee shall undertake in writing to undertake the partnership arising from the transfer. All expenses incurred by the
business.

 

12.1.6 When the partnership rights and
interests are transferred in accordance with Section 12.1.1, Section 12.1.2, Section 12.1.3 and Section 12.1.4 of this Agreement,
the executive partner shall be authorized in accordance with this Article and sign the agreement with the transferee The transferee
shall accept the written documents of the above-mentioned partnership rights and go through the corresponding industrial and
commercial change registration procedures.

 

12.2 Transfer of partnership interests of general
partners

 

The partners agree that the general partner may
assign part of his partnership interest in the partnership enterprise by himself. When the general partner transfers the partnership interest
to a person other than the partner, the other partners agree to waive the right of first refusal.

 

Article 13 Joining and Withdrawing from Partnership

 

13.1 Entry of limited partners

 

13.1.1 The Fund implements closed operation. During
the partnership period, the Fund will not introduce new limited partners through open subscription, but new limited partners can be introduced
in accordance with the provisions of Article 12 above.

 

13.2 Withdrawal of limited partners

 

13.2.1 During the term of partnership, limited
partners may not withdraw from the partnership. However, the deregistration or replacement of defaulting investors, the transfer of fund
shares, and the natural withdrawal from the partnership stipulated in the Partnership Enterprise Law are excluded.

 

13.2.2 A limited partner shall, naturally, withdraw
from the partnership when the following circumstances occur:

 

(1) Has its business license revoked, ordered
to close down, or declared bankrupt;

 

(2) The limited partnership interests held are
enforced by the court;

 

(3) Other circumstances that are deemed to be
natural withdrawal from the partnership in accordance with the provisions of the Partnership Enterprise Law.

 

When a limited partner withdraws from the partnership
in accordance with the above-mentioned agreement, the partnership shall not be dissolved accordingly. Other limited partners and general
partners enjoy and exercise the right of preemption with reference to Article 12.1 of this agreement; if other limited partners and general
partners give up the right of first refusal, the general partner has the right to accept a new limited partner to inherit the right of
first refusal. Of course, the limited partnership interests of the withdrawing partner, or the total subscribed capital contribution of
the partnership enterprise shall be reduced accordingly.

 

If the above-mentioned limited partners are forcibly
withdrawn from the partnership or of course withdrawn from the partnership, the property share returned to the limited partners shall
be the remaining balance after deducting the overdue interest and liquidated damages that should be paid from the paid-in capital contribution.

 

13.3 Withdrawal of general partner

 

13.3.1 The general partners hereby
undertake, individually and not jointly, that unless otherwise expressly stipulated in this agreement, the general partners will
always perform their duties under this agreement before the partnership enterprise is dissolved or liquidated in accordance with
this agreement; Before the dissolution or liquidation, it will not request to withdraw from the partnership, nor transfer its
limited partnership interests; nor will it take any action to dissolve or terminate its own initiative.

 

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    Shenzhen Jiazhong Innovation Investment Enterprise (Limited Partnership) Partnership Agreement

    

 

13.3.2 The general partner shall, naturally,
withdraw from the partnership when the following circumstances occur:

 

(1) Has its business license revoked, ordered
to close down, or declared bankrupt;

 

(2) The limited partnership interests held are
enforced by the court;

 

(3) Other circumstances stipulated in the Partnership
Enterprise Law.

 

When the executive partner withdraws from the
partnership in accordance with the above-mentioned agreement, unless the partnership company immediately accepts and appoints a new executive
partner of the partnership company, the partnership company will enter the liquidation process.

 

13.4 Removal and replacement of executive partners

 

13.4.1 The partnership enterprise may remove the
executive partner from the name of the executive partner when the partnership enterprise suffers major damage or assumes major debts or
liabilities that the partnership enterprise cannot repay or resolve due to the intentional or gross negligence of the executive partner.

 

13.4.2 The following procedures shall be followed
for the removal of the executive partner:

 

(1) Upon the proposal of the limited partners
representing more than one-third of the total paid-in capital of the partnership and the submission of sufficient evidence to prove the
occurrence of the circumstances described in Section 13.4.1, the partners meeting or the temporary partner meeting may discuss the matter.
Removal of the executive partner.

 

(2) A resolution to remove the executive partner
may be made by unanimous approval of all partners other than the executive partner.

 

13.4.3 If the partnership enterprise fails to
make a resolution on the acceptance of a new executive partner at the time when the partners meeting makes a resolution to remove the
executive partner, the partnership will enter the liquidation procedure.

 

13.4.4 Conditions for replacement of executive
partner

 

The executive partner should be replaced due to
the following reasons:

 

(1) Failure to perform the obligation of capital
contribution in accordance with this agreement;

 

(2) During the operation of the partnership enterprise,
the total investment capital of the partnership enterprise suffers a loss, and the amount of the loss after offsetting the profit and
loss exceeds 30% of the total subscribed capital contribution.

 

13.4.5 The replacement of the executive partner
shall follow the following procedures:

 

(1) The partners meeting makes a resolution on
the acceptance of a new executive partner at the same time as the resolution to remove the executive partner;

 

(2) The new executive partner sign a written document
confirming that he agrees to be bound by this agreement and perform the duties and obligations that should be performed by the executive
partner as stipulated in this agreement.

 

13.4.6 From the date when all the procedures described
in Section 13.4.5 are completed, the executive partner withdraws from the partnership, stops executing limited partnership affairs, and
transfers the limited partnership affairs to the new executive partner approved by the partners’ meeting.

 

Article 14 Succession

 

14.1 When a natural person as a limited partner
dies, is declared dead according to law, or a legal person or other organization as a limited partner terminates, with the approval of
the executive partner, his successor or successor may legally obtain the limited partner’s
participation in the partnership enterprise. Qualifications. However, if there are two or more heirs or successors in rights, the heirs
or successors in rights shall determine through negotiation or other means one of the heirs or successors in rights to become the limited
partner of the partnership enterprise. No heir or successor may become a limited partner of the partnership. If the partnership enterprise
distributes the income for an undetermined period, the income that the original limited partner should enjoy shall be deposited in the
partnership enterprise account, and the payment shall be made after the heir or the heir to the right of the limited partner is confirmed.

 

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    Shenzhen Jiazhong Innovation Investment Enterprise (Limited Partnership) Partnership Agreement

    

 

14.2 In any of the following circumstances, the
partnership enterprise shall convene a meeting of partners to discuss returning the limited partner’s property share to the limited partner’s
heir or successor:

 

(1) The heir is unwilling to become a limited
partner of the partnership;

 

(2) The heir is a person without capacity for
civil conduct or a person with limited capacity for civil conduct;

 

(3) Other situations stipulated in this agreement
that cannot become a limited partner.

 

14.3 In the event of the circumstance of
Item 14.1 and Item 14.2, the executive partner shall be authorized in accordance with this article to sign and/or sign relevant
legal documents on behalf of the limited partner to handle the industrial and commercial and other change procedures for the
partnership enterprise.

 

Article 15 Liability for breach of contract

 

15.1 If a partner violates this agreement, he
shall bear corresponding liability for breach of contract in accordance with the law or in accordance with the stipulations of this agreement.

 

15.2 If a partner fails to make capital contributions
within the agreed time limit, he shall be liable in accordance with the provisions of Clause 3.3.

 

15.3 If this Agreement cannot be performed or
cannot be fully performed due to a breach of contract by one party, the breaching party shall be liable for the breach of contract; in
the case of multiple breaches, each party shall bear the respective liability for breach of contract according to the actual situation.

 

Article 16 Application of Law and Dispute Resolution

 

16.1 Applicable Law

 

This Agreement shall be governed by the laws of
the People’s Republic of China.

 

16.2 Dispute Resolution

 

All disputes arising from and related to this
Agreement shall first be resolved through friendly negotiation between the parties concerned. If the parties concerned cannot resolve
the dispute through negotiation, either party shall submit the dispute to the South China International Economic and Trade Arbitration
Commission for arbitration, and conduct arbitration in Shenzhen City through ordinary procedures in accordance with the arbitration rules
implemented by the Commission when applying for arbitration. The arbitral award is final and binding on the parties.

 

Article 17 Dissolution and Liquidation

 

17.1 Dissolution

 

The partnership shall be dissolved when any of
the following circumstances occurs:

 

17.1.1 The partnership term of the partnership
enterprise expires;

 

17.1.2 The partners have not had a quorum for
30 days;

 

17.1.3 The executive partner is removed and the
partnership does not accept a new executive partner;

 

17.1.4 The executive partner proposes and is approved
by all partners;

 

17.1.5 The business license of the partnership
enterprise is revoked;

 

17.1.6 Other reasons for dissolution specified
in the Partnership Law and this Agreement occur.

 

17.2 Liquidation

 

17.2.1 The liquidator shall be the executive partner,
but when the executive partner is dismissed for failing to perform due diligence, a person other than the executive partner shall be agreed
upon by more than half of all partners.

 

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    Shenzhen Jiazhong Innovation Investment Enterprise (Limited Partnership) Partnership Agreement

    

 

17.2.2 After the liquidator is determined, all
unrealized assets of the partnership enterprise shall be managed by the liquidator, but if the liquidator is not the executive partner,
the executive partner is obliged to help the liquidator to change the unrealized assets and liquidate them. During the period, the partnership
will no longer pay management fees to the executive partner.

 

17.2.3 The liquidation period is one year, and
the non-monetary assets that cannot be realized at the end of the liquidation period shall be distributed according to the distribution
principles stipulated in Article 9.

 

17.3 Sequence of liquidation and settlement

 

17.3.1 When the partnership enterprise’s operation
period expires or the liquidation is terminated, the partnership enterprise’s property shall be paid off and distributed in the following
order:

 

(1) Pay the liquidation fee;

 

(2) pay the taxes owed;

 

(3) To pay off the debts of the partnership enterprise;

 

(4) Allocate among all partners in accordance
with the distribution principles and procedures stipulated in this agreement.

 

Among them, items (1) to (2) must be repaid in
cash. If the cash part is insufficient, the realization of other assets should be increased. Item (3) should be negotiated with the creditor
on the method of repayment.

 

17.3.2 If the property of the partnership enterprise
is not enough to pay off the debts of the partnership enterprise, the general partner shall bear unlimited joint and several liability
for repayment to the creditors.

 

Article 18 Other Agreements

 

18.1 Written notice

 

18.1.1 Any notice related to this Agreement shall
be effective only if it is delivered in writing, including but not limited to: personal delivery, post, fax, and email. The parties shall
be served at the following address:

 

【Shenzhen
Zijingang Capital Management Co., Ltd.】

 

Contact: 【Li
Lan】

 

Contact address: [Room 201, Building A, Comprehensive
Office Building, Qianhai Shenzhen-Hong Kong Cooperation Zone Administration, No. 1, Liyumen Street, Qianwan 1st Road, Qianhai Shenzhen-Hong
Kong Cooperation Zone, Shenzhen]

 

E-mail: 【635321281@qq.
com】

Tel: 【13798213304】

 

【Chen
Jun】 

Contact: 【Chen
Jun】 

Contact address: 【Room
1801, Bao’an Mansion, Futian District, Shenzhen City, Guangdong Province】 

Email:【-】 

Tel:【】

 

【Shenzhen
Zijingang Ruitong Investment Enterprise (Limited Partnership)】

 

Contact: 【Li
Lan】

Address: 【3601,
Wenbo Building, No. 2005, Lianhua Road, Jinghua Community, Lianhua Street, Futian District, Shenzhen】

Email: 【-】

Tel: 【】

 

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    Shenzhen Jiazhong Innovation Investment Enterprise (Limited Partnership) Partnership Agreement

    

 

【Yang
Jun】 

Contact: 【Yang
Jun】

Contact address: 【14A,Building
C, Pinghai Pavilion, Vientiane New Park, No. 67, Nanguang Road, Nanshan District, Shenzhen, Guangdong Province】 

E-mail: 【645969519@qq.
com】

Tel: 【18666669591】

 

【Lin
Zhenfa】

Contact: 【Lin
Zhenfa】

Contact address: 【23D,
Building A, Building 13, Mingzhu Garden, Longhua City, Bao’an District, Shenzhen City, Guangdong Province】

E-mail:【flsw63317@163.com】

Tel: 【13923858918】

 

【Zeng
Xiaoping】

Contact: 【Zeng
Xiaoping】

Address: 【Tsinghua
Unisplendour Information Port A, Langshan Road, North District, Nanshan Science and Technology Park, Shenzhen City, Guangdong Province

Building ninth floor】

Email:【-】

Tel: 【13808857201】

 

【Zheng
Ning】

Contact: 【Zheng
Ning】

Contact address: [10C, Building 10, Phase I, Lanxi
Valley, Shekou, Nanshan District, Shenzhen】

Email:【-】

Tel: 【13008836939】

 

【Ren
Haibin】

Contact:【Ren
Haibin】

Contact address: 【Room
401, Unit 3, Building 9, Wener New Village, Xihu District, Hangzhou】

Email:【-】

Tel: 【13805716106】

 

【Global
Mentor Board (Beijing) Information Technology Co., Ltd.】

Contact person:【Global
Mentor Board (Beijing) Information Technology Co., Ltd.】Contact
address: 【Room 208, 2nd Floor, Building 1, Courtyard No. 28, Houtun
Road, Haidian District, Beijing】

E-mail: 【2991653241@qq.
com】

Telephone:【】

 

【Li
Fangli】

Contact:【Li
Fangli】

Address: 【Room
5A, Building 4, Xigu Garden, Duanxigu Garden, Guangshen Road, Bao’an District, Shenzhen, Guangdong Province】

Email:【-】

Tel: 【13823262077】

 

18.1.2 Any limited partner may change his correspondence
address at any time by giving written notice to the partnership and the executive partner.

 

The general partner may change his address for
service at any time by giving written notice to the limited partner.

 

18.1.3 Unless there is evidence that it has been
received in advance:

 

(1) In the case of sending a special person to
deliver, the person to be served shall sign (or seal) the receipt of delivery, and the date of receipt by the person to be served shall
be the date of delivery;

 

(2) In the case of sending by post, the third
working day from the date of delivery to the post office or courier company shall be the date of delivery;

 

(3) In the case of sending by e-mail or fax, the
date of delivery is the date of delivery.

 

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    Shenzhen Jiazhong Innovation Investment Enterprise (Limited Partnership) Partnership Agreement

    

 

18.2 Force Majeure

 

18.2.1 “Force Majeure” refers to all
events that occur after the signing of this Agreement, are unforeseeable at the time of signing this Agreement, and whose occurrence and
consequences cannot be avoided or overcome, preventing any party from performing in whole or in part. The above events include earthquakes,
typhoons, floods, fires, wars, disruption of international or domestic transportation, actions of governments or public agencies (including
major legal changes or policy adjustments), epidemics, civil unrest, strikes, and general international business practices Other events
of force majeure. The mere lack of funds by one party is not a force majeure event.

 

18.2.2 If a force majeure event occurs, which
affects one party’s performance of its obligations under this agreement, the performance shall be suspended within the delay period caused
by the force majeure, and shall not be regarded as a breach of contract. The party claiming the occurrence of force majeure shall promptly
notify the other party in writing and provide sufficient evidence to prove the occurrence and continuation of force majeure within 15
days thereafter.

 

18.2.3 In the event of a force majeure event,
the partners shall immediately negotiate with each other to find a fair solution and shall make every reasonable effort to minimize the
consequences of force majeure.

 

18.3 Effect of attachments

 

The annexes to this agreement, as an integral
part of this agreement, have the same legal effect as this agreement.

 

18.4 Title effect

 

The headings of the various parts of this Agreement
are provided for index convenience only, and the headings shall not constitute a definition, limitation or expansion of the scope of this
Agreement and its provisions.

 

18.5 All Agreements

 

This agreement constitutes the entire agreement
between the partners, and supersedes all previous agreements, offers, undertakings or memorandums concerning the partnership, and other
oral and written agreements on fund raising and establishment.

 

18.6 Severability

 

If any provision of this Agreement or the application
of that provision to any person or circumstance is held to be invalid, the validity of the remaining provisions or the provision to any
other person or circumstance shall not be affected.

 

18.7 Confidentiality obligations

 

All parties to this Agreement shall strictly keep
confidential the business secrets of other parties that they learn from the negotiation, signing and execution of this Agreement. The
limited partners shall keep strictly confidential the business information of the partnership that they have learned through semi-annual
reports, annual reports, access to financial books and partner meetings.

 

18.8 Consistency

 

In case of conflict between the contents of this
partnership agreement and other agreements or documents between the partners, this partnership agreement shall prevail. If there are multiple
versions of the partnership agreement and the contents conflict, the version filed with the China Fund Industry Association shall prevail.

 

18.9 Share Information Backup

 

All partners agree that the executive partner,
the share registration agency or other share registration obligors shall perform the backup of the fund share registration (all partners)
data in accordance with the provisions of the China Fund Industry Association.

 

18.10 Modifying the Agreement

 

18.10.1 The general partner may amend this agreement
in the following ways: (1) When the amendment has an adverse impact on the economic or legal rights of one or more limited partners, the
consent of such limited partners shall be obtained; (2) The general partner may make the amendment independently when the amendment does
not adversely affect the economic or legal rights of the limited partner.

 

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    Shenzhen Jiazhong Innovation Investment Enterprise (Limited Partnership) Partnership Agreement

    

 

18.10.2 The LP shall notify the LP after signing
the amendment to this Agreement or the revised agreement.

 

18.10.3 All limited partners further agree that,
for the revision of matters stipulated in this agreement and the general partner has the right to decide independently, as well as the
business registration/change registration documents owned by the partnership, the general partner shall, if permitted by laws and regulations,
Can directly sign on behalf of all limited partners; for amendments to the content of the agreement on matters that should be voted on
by the partners, the general partner can sign on behalf of all limited partners with the relevant partner voting certificate. If due to
applicable law or the request of the government department, needs the signature of the limited partner in person, the limited partner
shall cooperate; for the relevant amendments that should be made only with the consent of the limited partner or partner holding a specific
share of capital contribution, the general partner shall Upon the prior written consent of the partners, they can sign on behalf of all
partners as permitted by laws and regulations. If it is necessary for all partners to sign in person due to the requirements of applicable
laws or government departments, all partners shall cooperate.

 

18.11 Signature of the text

 

The originals of this agreement are signed in
duplicate, each party holds one copy, and the remaining originals are used for reporting to relevant agencies or departments, and all
copies have the same legal effect.

 

18.12 Effectiveness and Termination of the Agreement

 

This Agreement shall come into force on the date
signed by the parties. It shall be terminated after the liquidation of the partnership enterprise expires.

 

[There is no text below, followed by the signature
pages]

 

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    Shenzhen Jiazhong Innovation Investment Enterprise (Limited Partnership) Partnership Agreement

    

 

[This page has no text, it is the signature page
of the “Partnership Agreement of Shenzhen Jiazhong Innovation Investment Enterprise (Limited Partnership)”]

 

Signed by: Shenzhen Zijingang Ruitong Investment
Enterprise (Limited Partnership)

 

Legal representative or authorized representative:

 

    -29-

    Shenzhen Jiazhong Innovation Investment Enterprise (Limited Partnership) Partnership Agreement

    

  

[This page has no text, it is the signature page
of the “Partnership Agreement of Shenzhen Jiazhong Innovation Investment Enterprise (Limited Partnership)”]

 

Signed by: Global Mentor Board (Beijing) Information
Technology Co., Ltd.

 

Legal representative or authorized representative:
(signature)

 

    -30-

    Shenzhen Jiazhong Innovation Investment Enterprise (Limited Partnership) Partnership Agreement

    

 

[This page has no text, it is the signature page
of the “Partnership Agreement of Shenzhen Jiazhong Innovation Investment Enterprise (Limited Partnership)”]

 

Signed by: Li Fangli

(signature)

 

    -31-

    Shenzhen Jiazhong Innovation Investment Enterprise (Limited Partnership) Partnership Agreement

    

 

[This page has no text, it is the signature page
of the “Partnership Agreement of Shenzhen Jiazhong Innovation Investment Enterprise (Limited Partnership)”]

 

Signed by: Lin Zhenfa

 

(signature)

 

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    Shenzhen Jiazhong Innovation Investment Enterprise (Limited Partnership) Partnership Agreement

    

 

[This page has no text, it is the signature page
of the “Partnership Agreement of Shenzhen Jiazhong Innovation Investment Enterprise (Limited Partnership)”]

 

Signed by: Chen Jun

 

(signature)

 

    -33-

    Shenzhen Jiazhong Innovation Investment Enterprise (Limited Partnership) Partnership Agreement

    

 

[This page has no text, it is the signature page
of the “Partnership Agreement of Shenzhen Jiazhong Innovation Investment Enterprise (Limited Partnership)”]

 

Signed by: Shenzhen Zijingang Capital Management
Co., Ltd.

Legal representative or authorized representative:
(signature)

 

    -34-

    Shenzhen Jiazhong Innovation Investment Enterprise (Limited Partnership) Partnership Agreement

    

 

[This page has no text, it is the signature page
of the “Partnership Agreement of Shenzhen Jiazhong Innovation Investment Enterprise (Limited Partnership)”]

 

Signed by: Zheng Ning

 

(signature)

 

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    Shenzhen Jiazhong Innovation Investment Enterprise (Limited Partnership) Partnership Agreement

    

 

[This page has no text, it is the signature page
of the “Partnership Agreement of Shenzhen Jiazhong Innovation Investment Enterprise (Limited Partnership)”]

 

Signed by: Yang Jun

 

(signature)

 

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    Shenzhen Jiazhong Innovation Investment Enterprise (Limited Partnership) Partnership Agreement

    

 

[This page has no text, it is the signature page
of the “Partnership Agreement of Shenzhen Jiazhong Innovation Investment Enterprise (Limited Partnership)”]

 

Signed by: Zeng Xiaoping

 

(signature)

 

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    Shenzhen Jiazhong Innovation Investment Enterprise (Limited Partnership) Partnership Agreement

    

 

[This page has no text, it is the signature page
of the “Partnership Agreement of Shenzhen Jiazhong Innovation Investment Enterprise (Limited Partnership)”]

 

Signed by: Ren Haibin

(signature)

 

 

-38-Document

MEDIFAST, INC. AMENDED AND RESTATED 2012 SHARE INCENTIVE PLAN
GRANT NOTICE PERFORMANCE SHARE UNITS 

Medifast, Inc. (the “Company”) hereby grants to the Participant named below performance-based Deferred Shares (“Performance Share Units” or “PSUs”) pursuant to the Medifast, Inc. Amended and Restated 2012 Share Incentive Plan (the “Plan”) in the number specified below (the “Target Award Opportunity”) covering the three-year Performance Period specified below and subject to the achievement of Performance Goals, which relate to the Performance Measures specified below. Each PSU relates to and corresponds in value to a single share of Company common stock (“Share”) and represents the right to receive one Share for each vested PSU. 

The PSUs are subject to all of the terms and conditions as set forth in this Grant Notice, the Performance Share Units Award Agreement (the “Award Agreement”) and the Plan, all of which are attached hereto and incorporated herein in their entirety. Capitalized terms not otherwise defined herein shall have the meanings set forth in the Plan or the Award Agreement.

									
	 	Participant Name:	
	 	Grant Date:	
	 	Target Award Opportunity:	
		Performance Period:	
		Vesting Schedule (other than in connection with a Change in Control as provided in Section 8 of the Plan)	

Additional Terms/Acknowledgements: The undersigned Participant acknowledges receipt of, and understands and agrees to the terms set forth in this Grant Notice, the Award Agreement and the Plan (by accepting this Grant Notice and attached Award Agreement electronically, you agree to the terms and conditions in the Grant Notice, Award Agreement and Plan).

Participant further acknowledges that as of the Grant Date, this Grant Notice, the Award Agreement, the Plan, and any employment or change in control agreement between you and the Company set forth the entire understanding between Participant and the Company regarding the acquisition of Shares in accordance with this Grant Notice, the Award Agreement and the Plan and supersede all prior oral and written Award Agreements on that subject.  

1
    

MEDIFAST, INC. AMENDED AND RESTATED 2012 SHARE INCENTIVE PLAN
PERFORMANCE SHARE UNITS AWARD AGREEMENT

Pursuant to your Performance Share Units Grant Notice (“Grant Notice”) and this Award Agreement, Medifast, Inc. (the “Company”) has granted to you performance-based Deferred Shares (“Performance Share Units”, “PSUs” or “Award”) under the Plan covering the number of PSUs indicated in your Grant Notice, which vest in accordance with the Vesting Schedule indicated in your Grant Notice and this Award Agreement. 

Capitalized terms not otherwise defined herein shall have the meanings set forth in the Plan or your Grant Notice.

The details of your Performance Share Units are as follows:

1.Eligibility for Payment or Distribution of Vested PSUs. You must be continuously employed by the Company or any of its subsidiaries from the Grant Date through and up to the last day of the Performance Period specified in your Grant Notice to be eligible for a payment or distribution of your PSUs that vest and become nonforfeitable in accordance with Section 2 of this Award Agreement. If you incur a Termination of Service for any reason other than Retirement prior the last day of the Performance Period, you will forfeit any nonvested PSUs that you then hold and you shall not be entitled to any distribution or payout with respect to such forfeited PSUs, except as otherwise provided in Section 3 of this Award Agreement. 

2.Retirement. If your employment with the Company is terminated by virtue of a Retirement, the PSUs shall continue to vest and be settled as they would have absent an employment termination and shall be eligible to vest at the conclusion of the Performance Period on a pro-rata basis, as set forth in Section 2 below. 

“Retirement” means your termination of employment from the Company and its subsidiaries other than for cause, provided that you (i) have attained age 55, (ii) the numerical sum of your age and years of service with the Company or its subsidiaries is equal to at least 70, (iii) you are performing your job duties to the Company’s satisfaction at the time of notice and until your termination of employment, and (iv) you have given notice to the Company, in form satisfactory to the Company, of your intent to retire specifying the exact intended date of retirement to the Company that is at least 12 months following such notice date (provided that prior to such notice the Company had not already given you notice that you would be terminated), and remained employed by the Company until the earlier of (a) the one year anniversary of the date of such notice or (b) the date on which you are terminated by the Company without Cause. The Chief Executive Officer of the Company (or the Compensation Committee of the Board of Directors of the Company, in the event that you are at the time of notice either of the Chief Executive Officer (“CEO”), or the CEO’s direct report at the Executive Vice President-level or above, or one of the Company’s “Named Executive Officers” in the Company’s most recent Proxy filing pursuant to Item 402 of Regulation S-K) may, in his or her discretion, waive the requirement that you remain employed until the one year anniversary of the date of such notice.

3.Determination of Number of Vested PSUs. Subject to the requirements of Section 1 of this Agreement, at the conclusion of the Performance Period the Committee shall determine whether and to what extent you have become vested in your Award in accordance with Appendix A to this Agreement. In the event of your Retirement prior to the conclusion of the Performance Period, you shall be eligible to vest in a number of PSUs equal to the number of PSUs that would have vested if you had remained employed until the end of the Performance Period times a fraction, the numerator of which is the number of full months during the Performance Period that you were employed prior to your Retirement and the denominator of which is the number of months during the Performance Period.

4.Effect of a Change in Control Prior to a Vesting Date. The treatment of any nonvested PSUs that you hold upon or after a Change in Control will be determined under Section 8 of the Plan. 

5.Form and Timing of Settlement of PSUs. As provided for under Section 6(e)(ii) of the Plan, within  two and one-half months after the close of the calendar year in which your shares vest, the Company will issue and deliver to you (at the Company’s sole discretion) the number of shares of Stock equal to the number of your PSUs that vested on such Vesting Date, subject to satisfaction of applicable tax and/or other obligations as described in Section 9 of this Award Agreement. 
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6.Dividend Equivalents. In the event that the Company declares and pays a dividend in respect of its outstanding Shares and, on the record date for such dividend, you hold PSUs granted pursuant to this Award Agreement that have not been settled, the Company shall credit to an account maintained by the Company for your benefit an amount equal to the cash dividends you would have received if you were the holder of record, as of such record date, of the number of Shares related to the portion of the PSUs that have not been settled or forfeited as of such record date (the “Dividend Equivalent” or “DER”). Such account is intended to constitute an “unfunded” account, and neither this Section 5 nor any action taken pursuant to or in accordance with this Section 5 shall be construed to create a trust of any kind. Amounts credited to such account with respect to PSUs that vest in accordance with Sections 2 or 3 of this Award Agreement will become vested DERs and will be paid to you in cash, Shares, or a combination thereof, as determined by the Committee in its sole discretion, at the same time as your vested PSUs are settled. You shall not be entitled to receive any interest with respect to the timing of payment of DERs. In the event all or any portion of the PSUs granted to you pursuant to this Award Agreement fail to become vested under Sections 2 or 3 of this Award Agreement, the unvested DERs accumulated in your account with respect to such PSUs shall be forfeited.

7.Delivery of Shares. The Company shall deliver Shares in settlement of your vested PSUs to you in accordance with this Section 6; provided, however, the Company shall not be obligated to deliver Shares to you if (i) you have not satisfied all applicable tax withholding obligations, (ii) Shares are not properly registered or subject to an applicable exemption therefrom, (iii) Shares are not listed on the stock exchanges on which Company Shares are otherwise listed, or (iv) the Company determines that the delivery of Shares would violate any federal or state securities or other applicable laws. At the discretion of the Company, Shares may be delivered to you by book-entry credit to an account in your name established by the Company with the Company’s transfer agent, or upon written request from you (or your personal representative, beneficiary or estate, as the case may be) in certificates in your name (or your personal representative, beneficiary or estate).You shall not acquire or have any rights as a shareholder of the Company until Shares issuable hereunder are actually issued and delivered to you in accordance with the Award Agreement.

8.Restrictive Covenants. Without limiting any other non-competition, non-solicitation, non-disparagement or non-disclosure or other similar agreement to which you may be a party, you shall be subject to the confidentiality and restrictive covenants set forth on Exhibit A attached hereto, which Exhibit A is incorporated herein and forms part of this Award Agreement. In the event that you violate any of the restrictive covenants referred to in this Section 8, in addition to any other remedy that may be available at law or in equity, the PSUs shall be automatically forfeited effective as of the date on which such violation first occurs and any payment or delivery with respect to the PSUs during the [6 months] prior to such violation shall be rescinded. The Company shall notify you in writing of any such rescission within two years after such payment or delivery. Within ten days after receiving such a notice from the Company, you shall return the Shares to the Company or pay to the Company any profit or gain your realized in connection with sale of such Shares. The foregoing rights and remedies are in addition to any other rights and remedies that may be available to the Company and shall not prevent (and you shall not assert that they shall prevent) the Company from bringing one or more actions in any applicable jurisdiction to recover damages as a result of your breach of such restrictive covenants.

9.Forfeiture and Recoupment. Notwithstanding any provision of this Award Agreement or the Plan to the contrary, you agree that your right to retain your Award, to retain any amount received pursuant to your Award and to retain any profit or gain your realized in connection with sale of such Shares, shall be subject to any recoupment or “clawback” policy or forfeiture policy adopted by the Company.

10.Restrictions on Resales of Shares. The Company may impose such restrictions, conditions, and limitations as it determines appropriate as to the timing and manner of any resales by you or other subsequent transfers by you of any Shares issued as a result of the settlement of your PSUs, including (i) restrictions under an insider trading policy, (ii) restrictions designed to delay and/or coordinate the timing and manner of sales by you and other PSU holders, and (iii) restrictions as to the use of a specified brokerage firm for such resales or other transfers.

11.Tax Withholding Obligations.

a.At the time your PSUs are settled, you hereby authorize withholding from payroll and any other amounts payable to you by the Company, and otherwise agree to make adequate provision for, any sums required to satisfy the federal, state, local and foreign tax withholding obligations 
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(“Withholding Obligations”) of the Company, if any, which arise in connection with the settlement of your PSUs. 

b.Upon your request and subject to approval by the Company, in its sole discretion, and compliance with any applicable legal conditions or restrictions, the Company may withhold from fully vested Shares otherwise issuable to you upon the settlement of your PSUs a number of whole Shares having a Fair Market Value, determined by the Company as of the date of settlement, at least equal to the minimum statutory amount of tax required to be withheld by law but in no event in excess of the maximum statutory amount of tax that is permitted to be withheld by law. 

12.Tax Consequences. You hereby agree that the Company does not have a duty to design or administer the Plan or its other compensation programs in a manner that minimizes your tax liabilities. You shall not make any claim against the Company, or any of its Officers, Directors, Employees or Affiliates related to tax liabilities arising from your PSUs or your other compensation. 

13.Applicability of Section 409A of the Internal Revenue Code.

a.Your PSUs granted hereunder are not intended to provide for a “deferral of compensation” within the meaning of Section 409A of the U.S. Internal Revenue Code (“Section 409A”) and shall be interpreted and construed in a manner consistent with that intent. If any provision of this Award Agreement, your Grant Notice or the Plan causes your PSUs to be subject to the requirements of Section 409A, or could otherwise cause you to recognize income or be subject to the interest and penalties under Section 409A, then the provision shall have no effect or, to the extent practicable, the Committee may, in its sole discretion and without the Participant’s consent, modify the provision to (i) comply with, or avoid being subject to Section 409A, or to avoid the incurrence of any taxes, interest and penalties under Section 409A, and/or (ii) maintain, to the maximum extent practicable, the original intent and economic benefit to you of the applicable provision without materially increasing the cost to the Company or contravening the provisions of Section 409A. This Section 12 does not create an obligation of the Company to modify this Award Agreement, your Grant Notice or the Plan and does not guarantee that your PSUs will not be subject to taxes, interest and penalties under Section 409A.

b.If you are a “specified employee” as defined under Code Section 409A and your PSUs are to be settled on account of your separation from service (for reasons other than death) and such PSUs constitutes “deferred compensation” as defined under Code Section 409A, then any portion of your PSUs that would otherwise be settled during the six-month period commencing on your separation from service shall be settled as soon as practicable following the conclusion of the six-month period (or following your death if it occurs during such six-month period). 

c.Your Termination of Service shall not be deemed to have occurred for purposes of any provision of the Award Agreement providing for the payment of any amounts or benefits that are considered nonqualified deferred compensation under Section 409A upon or following a Termination of Service, unless such termination is also a “separation from service” within the meaning of Section 409A and the payment thereof prior to a “separation from service” could otherwise cause you to recognize income or be subject to the interest and penalties under Section 409A.  

14.Restrictions on Transferability. Your PSUs may not be sold, transferred, pledged, assigned, exchanged, encumbered, or otherwise alienated or hypothecated, except (i) by will or by the laws of descent and distribution; (ii) to the extent permitted by the Plan and allowed under applicable law and approved by the Committee in its sole discretion; or (iii) pursuant to a domestic relations order.

15.Beneficiary Designation. You may, from time to time, name any beneficiary or beneficiaries (who may be named contingently or successively) to whom any benefit under this Award Agreement is to be paid in case of your death before you receive any or all of such benefit. Each such designation shall revoke all prior designations by you, shall be in a form prescribed by the Company, and will be effective only when filed by you in writing with the Secretary of the Company during your lifetime. In the absence of any such designation, benefits remaining unpaid at the time of your death shall be paid to your estate.

16.Securities Laws. This Award Agreement shall be subject to all applicable laws, rules, and regulations, and to such approvals by any governmental agencies or national securities exchanges as may be required, or the Committee determines are advisable. You agree to take all steps that the Company determines are necessary to comply with all applicable provisions of federal and state 
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securities law in exercising your rights under this Award Agreement. The Committee may impose such restrictions on any Shares acquired by you under the Award Agreement as it may deem necessary or advisable, under applicable federal securities laws, the requirements of any stock exchange or market upon which such Shares are then listed or traded or any blue sky or state securities laws applicable to such Shares. In addition, the Shares shall be subject to any trading restrictions, stock holding requirements or other policies in effect from time to time as determined by the Committee.

17.Data Privacy. To administer the Plan, the Company may process personal data about you. Such data includes the information provided in this Award Agreement, other appropriate personal and financial data about you such as home address and business addresses and other contact information, payroll information and any other information deemed appropriate by the Company to facilitate the administration of the Plan. By accepting this award, you consent to the Company’s processing of such personal data and the transfer of such data outside the country in which you work or are employed, including, with respect to non-U.S. residents, to the United States, to transferees who shall include the Company and other persons designated by the Company to administer the Plan.

18.No Right to Continued Employment or Further Awards. 

a.Neither the Plan nor this Award Agreement shall (i) alter your status as an “at-will” employee of the Company; (ii) be construed as giving you any right to continue in the employ of the Company; or (iii) be construed as giving you any right to be reemployed by the Company following any Termination of Service. The Termination of Service provisions in this Award Agreement shall solely apply to the treatment of your PSUs as specified herein and shall not otherwise affect your employment relationship with the Company.

b.The Company has granted your PSUs in its sole discretion. Your Grant Notice, this Award Agreement and the Plan do not confer to you any right or entitlement to receive another grant of PSUs, or any other similar award at any time in the future or in respect of any future period. Your PSU grant does not confer on you any right or entitlement to receive compensation in any specific amount for any future fiscal year, and does not diminish in any way the Company’s discretion to determine the amount, if any, of your compensation.

19.Notices. Any notice required or permitted to be given under this Award Agreement, or Grant Notice or the Plan shall be in writing and shall be deemed to have been given when delivered personally or by courier, or sent by certified or registered United States mail, postage prepaid, return receipt requested, duly addressed to the party concerned at the address indicated below or to such changed address as such party may subsequently by similar process give notice of:

If to the Company:
Medifast, Inc.
100 International Drive
18th Floor
Baltimore, Maryland 21202
Attn.: General Counsel
If to the Employee:
To the last address delivered to the Company by the 
Employee in the manner set forth herein.
20.General Provisions. 

a.Headings. The headings preceding the text of the sections in this Award Agreement are inserted solely for convenience of reference, and shall not constitute a part of this Award Agreement, nor shall they affect its meaning, construction, or effect. 

b.Severability. If any provision of this Award Agreement is declared to be illegal, invalid, or otherwise unenforceable by a court of competent jurisdiction, such provision shall be reformed, if possible, to the extent necessary to render it legal, valid, and enforceable, or otherwise deleted, and the remainder of the provisions of this Award Agreement shall not be affected except to the extent necessary to reform or delete such illegal, invalid, or unenforceable provision.

c.Governing Documents. This Award Agreement is subject to all of the terms and conditions as set forth in your Grant Notice and the Plan, all of which are incorporated herein in their entirety. 
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Your Grant Notice, this Award Agreement, the Plan, and any employment or change in control agreement between you and the Company constitute the entire understanding between you and the Company regarding the PSUs. Any prior Award Agreements, commitments or negotiations concerning the PSUs are superseded. In the event of any conflict between the provisions of your Grant Notice and this Award Agreement and those of the Plan, the provisions of the Plan shall control. 

d.Binding on Parties. The provisions of this Award Agreement shall inure to the benefit of and be binding upon the parties hereto and their respective permitted heirs, beneficiaries, successors and assigns. 

e.Applicable Law. Your Grant Notice and this Award Agreement shall be governed, construed, interpreted, and administered solely in accordance with the laws of the state of Delaware, without regard to principles of conflicts of law, with consent of jurisdiction by you in the State of Maryland.

f.Rescission of Award Agreement and PSU Grant. Your PSUs granted under this Award Agreement may be rescinded if necessary to ensure compliance with federal, state or other applicable laws. 

g.Administration of PSUs. All questions arising under your Grant Notice, this Award Agreement and the Plan shall be decided by the Committee in its total and absolute discretion. It is expressly understood that the Committee is authorized to administer, construe, and make all determinations necessary or appropriate to the administration of your Grant Notice, this Award Agreement and the Plan; all such determinations shall be binding upon you and your successors. 

h.No Shareholder Rights. The PSUs granted to you under pursuant this Award Agreement do not and shall not entitle you to any rights of a holder of a Share of Company common stock prior to the date Shares are issued to you in settlement of the PSUs, if at all (or an appropriate book entry has been made). Except as described in the Plan, no adjustments are made for dividends or other rights if the applicable record date occurs prior to the date Shares are issued to you in settlement of the PSUs (or an appropriate book entry has been made).

i.Unfunded Arrangement. The PSUs create a contractual obligation on the part of the Company to distribute to you Shares in connection with the vesting of the PSUs at the time provided for in this Award Agreement. Neither you nor any other party claiming an interest under this Agreement shall have any interest whatsoever in any specific assets of the Company. Your right to receive Shares under this Agreement is that of an unsecured general creditor of Company.

j.Consent to Electronic Delivery. Certain statutory materials relating to the Plan may be delivered to you in electronic form. By accepting this grant, you consent to electronic delivery and acknowledge receipt of these materials, including the Plan.

This Award Agreement is not a stock certificate or a negotiable instrument. 

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Appendix A

Unless otherwise provided in the Award Agreement or Plan, set forth below are the Performance Goals applicable to your Award and the method for calculating the number of your PSUs that vest at the conclusion of the Performance Period ending on ________________, 20__.
 

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