Document:

Exhibit 10.11

 

Intellectual Property Licensing Agreement

 

This intellectual property licensing agreement
(“the Agreement”) is concluded in Shanghai on May 20, 2022 by the following parties:

 

		1.	Shanghai Huiying Real Estate Agency Co., Ltd., a limited liability company incorporated under the laws
of China, registered address: Building 1, No. 5601, Yanqian Highway, Fengxian District, Shanghai (“Shanghai Huiying”
or “the Licensor”);

 

		2.	Shanghai Zhiban Internet of Things Technology Co., Ltd., a limited liability company incorporated under
the laws of China, registered address: Room 1101, No. 5, Bibo Road, China (Shanghai) Pilot Free Trade Zone (“Shanghai Zhiban”
or “the Licensee”).

 

Whereas,

 

The Licensor intends to grant
the Licensee the license to use the target intellectual property in accordance with the Agreement.

 

Therefore, considering the above premise and the
mutual covenants and commitments hereinafter set forth in the Agreement, the parties hereby conclude the agreement as follows:

 

Article 1 Definition

 

		1.1.	Some definitions and terms

 

Unless otherwise interpreted with reference
to the context, the following terms herein have the following meanings:

 

“Target intellectual property”
refers to the trademark listed in Appendix A to the Agreement.

 

“Intellectual property”
refers to (a) patent, (b) trademark, service sign, trade name, commercial appearance and domain name, as well as exclusive good will attached
to them, (c) copyright, including the copyright of computer software, (d) confidential and proprietary information, including business
secrets and technical secrets, and (e) registration and registration application of the above-mentioned items.

 

“China” refers to the People's
Republic of China, for the purpose of the Agreement,, excluding Hong Kong Special Administrative Region, Macao Special Administrative
Region and Taiwan.

 

“Subject” refers to an
individual, partner, trading company, joint-stock company, limited liability company, association, trust, unincorporated organization
or other entities.

 

		1.2.	Interpretation rules

 

In the Agreement, unless otherwise
specified or unless the context otherwise requires:

 

		1.2.1.	Article or appendix referred to in the Agreement refers to the article and appendix in the Agreement,
unless otherwise stated;

 

     

     

    

 

		1.2.2.	The table of contents and headings in the Agreement are for the convenience of reference only, and do
not influence the meaning or interpretation of the Agreement in any way;

 

		1.2.3.	The word “including” used in the Agreement shall be deemed as “including but not limited
to”;

 

		1.2.4.	The words “of the Agreement”, “in the Agreement” and “under the Agreement”
and the words of similar meaning used in the Agreement refer to the whole agreement rather than any article of the Agreement;

 

		1.2.5.	Any agreement, instrument or other documents referred to in the Agreement refer to such agreement, instrument
or other documents revised, supplemented or modified in other ways from time to time; And

 

		1.2.6.	Any subject referred to also refers to its successor and permitted assignee.

 

Article 2 License of intellectual property

 

		2.1.	License

 

		2.1.1.	The parties agree that after the Agreement is signed and from the payment date of the license fee of the
first year agreed in Article 2.2 (“the authorization date”), Shanghai Huiying shall grant Shanghai Zhiban the general
license to use the target intellectual property. For the avoidance of doubt, the parties agree that the Licensor shall have the right
to use and license any other third parties to use the target intellectual property.

 

		2.1.2.	The Licensee promises to use the target intellectual property legally for legal operation in accordance
with the Agreement and the provisions of relevant laws and regulations of China.

 

		2.1.3.	The Licensor shall deliver the original of the Agreement signed by the Licensor to the Licensee on the
authorization date in the Agreement.

 

		2.1.4.	Without the Licensor’s written consent in advance, the Licensee cannot re-license the target intellectual
property to any third party other than the Licensee in any form.

 

		2.2.	License fee

 

The license fee of the target intellectual
property under the Agreement shall be RMB 500,000/year.

 

		2.3.	License term

 

The license term of the target intellectual
property shall be 2 years from the signing date of the Agreement. Within 1 month before the expiration of the license term, if the Licensor
and the Licensee reach a consensus through negotiation, the license term can be extended, and relevant update and renewal agreement can
be separately signed.

 

    2

     

    

 

Article 3 Representations and warranties

 

		3.1	The Licensor and the Licensee are companies duly incorporated under the laws of China, existing validly
and in good conditions.

 

		3.2	Both the Licensor and the Licensee shall have all necessary powers and authorities, and have full legal
ability to sign and deliver the Agreement, perform their obligations under the Agreement and complete the transaction proposed in the
Agreement. The Agreement shall constitute the legal, valid and binding obligation of the Licensor and the Licensee immediately after the
date when it is signed by the Licensor and the Licensee and takes effect (it is assumed that the Licensee has been duly authorized to
sign and deliver the Agreement), and can be enforceable against the Licensor and the Licensee in accordance with its articles. All corporate
actions taken by the Licensor and the Licensee have been duly authorized.

 

Article 4 Confidentiality

 

		4.1	The parties shall acknowledge and confirm that any oral or written materials related to the Agreement,
the contents of the Agreement and exchanged by each other for the preparation or performance of the Agreement shall be deemed as confidential
information. The parties shall keep all such confidential information confidential, and shall not disclose any confidential information
to any third party without the written consent of the other party, except for the following information: (a) Any information that is known
or will be known by the public (only when the information is not arbitrarily disclosed to the public by the party receiving the confidential
information); (b) Any information that needs to be disclosed according to the applicable laws and regulations, stock trading rules, or
the orders of the government department or the court; or (c) The information that either party needs to disclose to its shareholders,
directors, employees, or legal or financial consultants due to the transaction referred to in the Agreement; such shareholders, directors,
employees, or legal or financial consultants shall also observe the confidentiality liability similar to this article.

 

		4.2	The provisions in Article 4 shall continue to be valid and binding on the parties after the Agreement
is terminated in accordance with Article 5.

 

Article 5 Termination

 

		5.1	Any change to the Agreement can take effect only with the consent of the parties and in writing.

 

		5.2	The Agreement can be terminated according to the following methods:

 

		(1)	The parties conclude an agreement to terminate the Agreement; or

 

		(3)	The Agreement is terminated according to the provisions of laws and regulations, or the judgments, rulings
or decisions on terminating the Agreement made by the court or arbitration agency with jurisdiction.

 

    3

     

    

 

		5.3	Effectiveness of termination

 

If the Agreement is terminated or dissolved
in accordance with Article 5, then all further obligations of the parties under the Agreement shall be terminated, but:

 

		(1)	Article 4, Article 5 and Article 6 shall continue to be valid;

 

		(2)	Any other provisions of the Agreement shall not exempt either party from any liability under the Agreement
generated before the termination of the Agreement.

 

Article 6 Miscellaneous

 

		6.1	All notices, requests, claims, requirements and other correspondences under the Agreement shall be made
in writing and be sent by (1) personal service; (2) postpaid airmail; (3) postpaid air express; (4) E-mail;

 

All notices shall be deemed to have
been served or received according to the following provisions: (1) Subject to the time of being received in case of personal service;
(2) Subject to the fifth (5th) day after the notices are sent in case of mailing; (3) Subject to the third (3rd) day after the notices
are delivered to the reputable express company in case of express delivery; and (4) The notices shall be deemed to have been received
twenty-four (24) hours after the E-mails are recorded as having been sent in the sender’s E-mail system in case of E-mail;

 

		6.2	The Agreement and its appendix shall constitute all consensuses on the subject matter of the Agreement
between the parties to the Agreement, and shall replace all previous written or oral consensuses and commitments on the subject matter
of the Agreement concluded by the parties to the Agreement, and the appendix to the Agreement shall constitute an integral part of the
Agreement.

 

		6.3	One party shall not transfer any rights and obligations hereunder to any third party without the express
written consent of the other party. The Agreement shall be binding on the parties and their respective successors and permitted assignees
and shall be concluded only for the interests of the above subjects.

 

		6.4	If any article of the Agreement is invalid, illegal or unenforceable, it shall not affect the validity,
legality and enforceability of the other articles hereunder. Either party’s failure to exercise or delay in exercising any right
or relief enjoyed by it under the Agreement shall not constitute its waiver of such right or relief or other rights or reliefs. Either
party’s separate or partial exercise of any right or relief enjoyed by it under the Agreement shall not obstruct such party’s
further exercise of such right or relief or any other rights or reliefs enjoyed by it under the Agreement.

 

		6.5	The Agreement shall come into effect after being signed/sealed by parties hereto. Any modification, revision,
waiver or revocation of the Agreement shall be invalid unless it is signed by the parties’ authorized representatives in writing.

 

		6.6	The conclusion, effectiveness, performance, interpretation and termination of the Agreement as well as
dispute resolution shall be subject to the laws of China.

 

		6.7	Any dispute arising from the interpretation and performance of the Agreement shall be resolved by the
parties first through friendly negotiation. If it still cannot be resolved within 30 days after one party issues the written notice of
requiring to resolve through negotiation to the other party, either party can submit the relevant dispute to Shanghai International Economic
and Trade Arbitration Commission, and the Commission will resolve through arbitration according to its arbitration rules. The arbitration
shall take place in Shanghai. The arbitration award is final and binding on the parties. In case of any dispute arising from the interpretation
and performance of the Agreement or any dispute under arbitration, except the disputed matter, the parties shall still continue to exercise
their other rights under the Agreement and perform their other obligations under the Agreement.

 

		6.8	The Agreement is in duplicate (in 2 copies), with one (1) copy for Shanghai Huiying and Shanghai Zhiban
respectively.

 

(There is no text below)

 

    4

     

    

 

The parties have urged their respective duly authorized
representatives to sign the Agreement on the date first written above. Hereby certify.

 

Licensee:

 

Shanghai Zhiban Internet of Things Technology
Co., Ltd. (Sealed)

 

Special Seal for Contract of Shanghai Zhiban Internet
of Things Technology Co., Ltd. (Seal)

 

 

Signature page of the Intellectual Property License
Agreement

 

    5

     

    

 

The parties have urged their respective duly authorized
representatives to sign the Agreement on the date first written above. Hereby certify.

 

Licensor:

 

Shanghai Huiying Real Estate Agency Co., Ltd.
(Sealed)

 

Special Seal for Contract of Shanghai Huiying
Real Estate Agency Co., Ltd. (Seal)

 

 

Signature page of the Intellectual Property License
Agreement

 

    6

     

    

 

Appendix A

 

Target intellectual property

 

	Serial No.	 	Trademark name	 	Category of approved service items	 	Registration No.	 	Period of validity
	(1)	 		 	Category 43	 	45216327	 	From June 7, 2021 to June 6, 2031

 

 

Intellectual Property License Agreement - Appendix AEX-10.1

 Exhibit 10.1 

Execution Version 
 AMENDMENT TO

 THE INVESTMENT MANAGEMENT TRUST AGREEMENT 

This Amendment No. 1 (this “Amendment”), dated as of September 15 2022, to the Investment Management Trust Agreement (as
defined below) is made by and between First Light Acquisition Group, Inc., a Delaware corporation (the “Company”) and Continental Stock Transfer & Trust Company, as trustee (“Trustee”). All
terms used but not defined herein shall have the meanings assigned to them in the Trust Agreement. 
 WHEREAS, the Company and the Trustee
entered into an Investment Management Trust Agreement dated as of September 9, 2021 (the “Trust Agreement”); 

WHEREAS, Section 1(i) of the Trust Agreement sets forth the terms that govern the liquidation of the Trust Account under the
circumstances described therein; 
 WHEREAS, at an special meeting of the Company held on September 13, 2022, the Company’s
stockholders approved a proposal to amend the Company’s amended and restated certificate of incorporation (the “A&R COI”) to, among other things, (a) extend the date by which it has to consummate a business combination
for an additional three months, from September 14, 2022 to December 14, 2022 and (b) provide the board of directors of the Company the ability to further extend the date by which the Company has to consummate a business combination up
to three additional times for three months each time, for a maximum of 9 additional months if the sponsor of the Company pays an amount equal to 1% of the amount then on deposit in the Trust Account for each three-month extension, which amount shall
be deposited in the Trust Account; and 
 NOW THEREFORE, IT IS AGREED: 

1. Section 1(i) of the Trust Agreement is hereby amended and restated in its entirety as follows: 

“(i) Commence liquidation of the Trust Account only after and promptly after (x) receipt of, and only in accordance with, the terms
of a letter from the Company (“Termination Letter”) in a form substantially similar to that attached hereto as either Exhibit A or Exhibit B, as applicable, signed on behalf of the Company by the Chief Executive
Officer, President or Chief Financial Officer, Secretary or Chairman of the Board of Directors of the Company (the “Board”) or other authorized officer of the Company, and, in the case of a Termination Letter in a form
substantially similar to the attached hereto as Exhibit A, acknowledged and agreed to by the Representatives, and complete the liquidation of the Trust Account and distribute the Property in the Trust Account, including interest earned on the
funds held in the Trust Account and not previously released to the Company to pay its taxes, including franchise and income taxes (less up to $100,000 of such net interest that may be released to the Company to pay dissolution expenses in the case
of a Termination Letter in the form of Exhibit B hereto and which interest shall be net of any taxes payable), only as directed in the Termination Letter and the other documents referred to therein, or (y) the date which is 15 months
after the closing of the Offering (or up to 24 months if the Company were to exercise the three three-month extensions, as described in the amendment to the amended and restated certificate of incorporation of the Company and the Company shall
provide notice in a form substantially similar to that attached hereto as Exhibit E) or such later date as may be approved by the Company’s stockholders in accordance with the Company’s amended and restated certificate of
incorporation, as it may be amended from time to time, if a Termination Letter has not been received by the Trustee prior to such date, in which case the Trust Account shall be liquidated in accordance with the procedures set forth in the
Termination Letter attached as Exhibit B and the Property in the Trust Account, including interest earned on the funds held in the Trust Account and not previously released to the Company to pay its taxes (less up to $100,000 of such net interest
that may be released to the Company to pay dissolution expenses), shall be distributed to the Public Stockholders of record as of such date; 

 2. A new Exhibit E is hereby added to the Trust Agreement to read as follows: 

[Letterhead of Company] 

[Insert date] 
 Continental Stock
Transfer & Trust Company 
 1 State Street, 30th Floor 

New York, N.Y. 10004 
 Attn: Francis Wolf and Celeste Gonzalez

 Re: Trust Account — Extension Letter 

Gentlemen: 
 Pursuant to paragraph 1(i) of the
Investment Management Trust Agreement between First Light Acquisition Group, Inc., a Delaware corporation (“Company”), and Continental Stock Transfer & Trust Company (“Trustee”), dated as of
September 9, 2021 (“Trust Agreement”), this is to advise you that the Company is extending the time available in order to consummate a Business Combination with the Target Businesses for an additional three
(3) months, from [___] to [___] (the “Extension”). Capitalized words used herein and not otherwise defined shall have the meanings ascribed to them in the Trust Agreement. 

This Extension Letter shall serve as the notice required with respect to the extension prior to the applicable deadline. 

In accordance with the terms of the Trust Agreement, we hereby authorize you to deposit $[ ], which will be wired to you, into the Trust
Account investments upon receipt. 
  

			
	Very truly yours,
	
	FIRST LIGHT ACQUISITION GROUP, INC.
		
	By:	 	 
		 	[•]

  

	cc:	 First Light Acquisition Group, LLC 

3. All other provisions of the Trust Agreement shall remain unaffected by the terms hereof. 

4. This Amendment may be signed in any number of counterparts, each of which shall be an original and all of which shall be deemed to be one and the same
instrument, with the same effect as if the signatures thereto and hereto were upon the same instrument. A facsimile signature or electronic signature shall be deemed to be an original signature for purposes of this Amendment. 

5. This Amendment is intended to be in full compliance with the requirements for an Amendment to the Trust Agreement as required by Section 6(c) of the
Trust Agreement, and every defect in fulfilling such requirements for an effective amendment to the Trust Agreement is hereby ratified, intentionally waived and relinquished by all parties hereto. 

 6. This Amendment shall be governed by and construed and enforced in accordance with the laws of the State
of New York, without giving effect to conflicts of law principles that would result in the application of the substantive laws of another jurisdiction. 

[signature page follows] 

 IN WITNESS WHEREOF, the parties have duly executed this Amendment to the Investment
Management Trust Agreement as of the date first written above. 
  

			
	CONTINENTAL STOCK TRANSFER & TRUST COMPANY, as Trustee
		
	By:	 	 /s/ Francis Wolf

	Name:	 	Francis Wolf
	Title:	 	Vice President
	
	FIRST LIGHT ACQUISITION GROUP, INC.
		
	By:	 	/s/ Michael Alber
	Name:	 	Michael Alber
	Title:	 	Chief Financial Officer

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00348-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00348-of-00352.parquet"}]]