Document:

EXECUTIVE
SERVICES AND SEPARATION AGREEMENT

 

This
Executive Services and Separation Agreement (the “Agreement”) is entered into as of this 11th day of December
2017 between Ethan Chuang (the “Executive”) and Mercari Communications Group, Ltd. (the “Company”).

 

The
Executive has been employed by the Company as an officer and has served as a director of the Company;

 

The
Company and the Executive have agreed to terminate their relationship and the Company has determined to compensate the Executive
for services rendered as provided herein.

 

NOW,
THEREFORE, in consideration of the mutual covenants and promises herein, the receipt and sufficiency of which are hereby acknowledged
by each party, the Executive and the Company agree as follows:

 

	1.	Termination
    of Relationship. The Executive’s engagement by the Company and his service as a director of the Company shall
    terminate on the date the Company acquires AiXin (BVI) International Group Co., Ltd. (the “Separation Date”).
    The Executive acknowledges that he has received, or will receive pursuant to the terms of this Agreement, any and all payment
    for wages, accrued unused vacation, if any, other fringe benefits, if any, equity compensation, if any, and reimbursable and
    properly documented and submitted business expenses, if any, to which the Executive is entitled through the Separation Date.
    
	 	 
	2.	Release.
    Except as provided in this Agreement, the Company hereby releases Executive from, and agrees not to bring any action,
    suit or proceedings against Executive, with respect to any acts or omissions disclosed by Executive to, or known by, independent
    members of the Company’s Board of Directors prior to the Separation Date.
	 	 
	3.	Consideration.
    In consideration for the Executive’s services, releases, promises, and representations in this Agreement and provided
    the Executive complies with his obligations under this Agreement, the Company will issue to Executive 15,074,695 shares of
    the common stock of the Company.
	 	 
	4.	General
    Release and Agreement Not to Sue. In exchange for the issuance of the shares provided for herein, the Executive hereby
    releases the Company from, and agrees not to bring any action, suit or proceedings against the Company, with respect to any
    acts or omissions prior to the Separation Date.
	 	 
	5.	Consulting,
    Cooperation and Assistance.

 

	 	A.	Cooperation
    and Assistance. For 12 months following the Separation Date, the Executive will voluntarily cooperate with the Company
    in connection with any matters or issues related to his engagement with the Company and his service as a director of the Company.
    Executive will voluntarily provide thorough and accurate information and testimony to or on behalf of the Company or any of
    its subsidiaries or any other entity related to the Company as relates to matters in which he was involved, regarding any
    investigation, litigation, or claims initiated by or brought or threatened against the Company, including any government agency
    investigation, or any dispute between the Company and any current employee, former employee, agent, consultant, vendor, supplier,
    or customer of the Company arising from or related to any act or omission that actually or allegedly occurred during the Executive’s
    engagement by the Company. Except as may be required by law, the Executive will not disclose or discuss with anyone who is
    not directing or assisting the Company in any investigation, litigation, claim, or dispute covered by the previous sentence,
    other than the Executive’s attorney, the fact of or the subject matter of the investigation, litigation, claim, or dispute.
    The Executive will cooperate fully with the Company as relates to matters in which he was involved, in promptly supplying
    thorough and accurate information and testimony during the handling or resolution of any such investigation, litigation, claim,
    or dispute. If the Executive receives a subpoena, becomes subject to any legal obligation that may require him to take any
    action otherwise prohibited by this section, or receives any request, whether informal or formal, to provide information he
    shall, as soon as possible but in any case within five days, provide notice of that fact to the Company.

 

    	 

    	 

    

 

	 	B.	Other
    Employment. Nothing in this Section prevents Executive from accepting and beginning full time employment with another
    employer.

 

	6.	Confidential
    Information and Return of Company Property.

 

	 	a.	The
    Executive acknowledges and agrees that the Confidential Information (as defined below) of the Company obtained during the
    course of his employment by the Company is the property of the Company. The Executive will never, directly or indirectly,
    disclose, publish or use any Confidential Information of which the Executive has become aware, whether or not such information
    was developed by him. All duties and obligations set forth in this Agreement regarding Confidential Information shall be in
    addition to those which exist under the common law.
	 	b.	As
    used in this Agreement, “Confidential Information” means information that is not generally known to the
    public and that was or is used, developed or obtained by the Company, in connection with its businesses, including but not
    limited to:

 

	 	i.	products
    or services, unannounced products or services, product or service development information (or other proprietary product or
    service information);
	 	 	 
	 	ii.	fees,
    costs, bids and pricing structures and quotations or proposals given to agents, customers, sureties, suppliers, or prospective
    customers, agents, sureties or suppliers, or received from any such person or entity;
	 	 	 
	 	iii.	accounting
    or financial records;
	 	 	 
	 	iv.	strategic
    business plans;
	 	 	 
	 	v.	information
    system applications or strategies;
	 	 	 
	 	vi.	customer
    and vendor lists and employee lists and directories;
	 	 	 
	 	vii.	marketing
    plans, bidding strategies and processes, and negotiation strategies, whether past, current, or future;
	 	 	 
	 	viii.	accounting
    and business methods;
	 	 	 
	 	ix.	legal
    advice and/or attorney work product;
	 	 	 
	 	x.	trade
    secrets and other proprietary information;
	 	 	 
	 	xi.	information,
    analysis or strategies regarding acquisitions, mergers, other business combinations, divestitures, recapitalizations, or new
    ventures; and
	 	 	 
	 	xii.	nonpublic
    information that was acquired by the Executive concerning the requirements and specifications of the Company’s or any
    other GLDD Entity’s agents, vendors, contractors, customers, or potential customers.

 

	 	c.	Notwithstanding
    Section 6.b, Confidential Information does not include any information that: (i) is publicly disclosed by law or pursuant
    to, and to the extent required by, an order of a court of competent jurisdiction or governmental agency; (ii) becomes publicly
    available through no fault of the Executive; or (iii) has been published in a form generally available to the public before
    the Executive proposes to disclose, publish, or use such information.
	 	 	 
	 	d.	The
    Executive agrees that on the Separation Date he will return to the Company all Confidential Information and all property of
    the Company that is in the Executive’s possession, custody or control, including but not limited to all originals, copies,
    or embodiments of any:

 

	 	i.	keys
    and access cards;
	 	 	 
	 	ii.	computer
    hardware (including but not limited to all personal computers, laptop computers, iPhones, Blackberries, other personal data
    assistants, back-up drives and the contents thereof, as well as any passwords or codes needed to operate such equipment;
	 	 	 
	 	iii.	computer
    software and programs, data, diskettes, CDs, DVDs, thumb-drives or other removable data storage devices, and other embodiments
    of electronic data (including, without limitation, any materials in any online or other third party storage media, as well
    as any passwords or codes needed to access such software, programs, data, and storage media);

 

    	 

    	 

    

 

	 	iv.	materials,
    papers, books, files, memoranda, correspondence, e-mails, notes, documents, records, photographs, manuals, notebooks, program
    listings, flow charts, policies, customer information, customer lists, vendor information and lists, pricing information,
    marketing information, specifications, plans, data base information and/or lists, and mailing lists, that the Executive has
    or had relating to the Company, or any customers, contractors, vendors, agents, employees, plans, designs, contracts, agreements,
    strategies, inventions, systems, policies, and/or practices (whether those materials are on paper or in an electronic format).

 

The
Executive agrees not to keep any originals, copies, or embodiments of any such property or information in any form, and not to
disclose their contents to any other person.

 

	7.	No
    Admission. This Agreement is not an admission by any of the either party to this Agreement that any action that either
    or any of them has taken or has failed to take with respect to the other party was wrongful, unlawful, in violation of any
    local, state, or federal constitution, law, statute or regulation, or capable of inflicting any damages or injury on such
    other party, and Executive and the Company specifically deny any such wrongdoing or violation.
	 	 
	8.	Mutual
    Non-Disparagement. The Executive agrees not to make any oral or written statement to anyone that disparages the Company.
    The Company agrees that its officers and directors will not make any oral or written statement to anyone that disparages the
    Executive.
	 	 
	9.	Entire
    Agreement. This Agreement (including the Appendices) contains the entire agreement and understanding between the Executive
    and the Company concerning any of the matters described herein, and supersedes any and all prior agreements (including any
    employment agreement), discussions, negotiations, understandings, and proposals of the parties. The terms of this Agreement
    cannot be changed except in a later document signed by the Executive and an authorized officer of the Company.
	 	 
	10.	Governing
    Law; Venue. This Agreement shall be governed by the laws of the State of New York, without giving effect to any principles
    regarding conflicts of laws. The parties will bring and pursue any legal or equitable proceeding relating to or arising under
    this Agreement only in the courts of New York County, New York. Each party consents to and agrees never to challenge the personal
    jurisdiction or venue of those courts, and agrees that they are a fair and convenient place to conduct any such proceeding.
	 	 
	11.	No
    Presumption. This Agreement shall be interpreted and construed as if all of its provisions were drafted jointly by
    the parties, and no party is entitled to the benefit of any rule of construction with respect to the interpretation of any
    term, condition, or provision in favor or against any drafter of this Agreement. This Agreement shall be interpreted and construed
    in accordance with the plain meaning of its terms and not strictly for or against either party.
	 	 
	12.	Headings.
    The headings in this Agreement are for the convenience of the parties and shall not affect its meaning or interpretation.
	 	 
	13.	No
    Waiver. Either party’s failure to insist upon strict compliance with any part of this Agreement, or its failure
    to assert any right it may have hereunder, will not be considered a waiver of that or any other part of or right under this
    Agreement unless the waiver is in writing and signed by the party that is waiving its rights.
	 	 
	14.	Binding.
    The terms of this Agreement shall be binding upon and inure to the benefit of the heirs, estates, predecessors, affiliates,
    assigns, attorneys, officers, directors, employees, agents and representatives of the parties.
	 	 
	15.	Knowing
    and Voluntary Waiver. The Executive acknowledges and agrees that:

 

	 	a.	he
    has carefully read all parts of this Agreement and fully understands their meaning;
	 	 	 
	 	b.	he
    had the opportunity to take up to 21 days after receiving this Agreement to decide whether to sign it;
	 	 	 
	 	c.	the
    Company hereby has advised him that he should consult with an attorney before signing it;
	 	 	 
	 	d.	he
    is signing this Agreement knowingly, voluntarily, and without any coercion or duress; and
	 	 	 
	 	e.	the
                                         only consideration the Executive is receiving for signing this Agreement is described
                                         in the Agreement itself, and no other promises or representations of any kind have been
                                         made to cause her to sign it.

        

 

    	 

    	 

    

 

IN
WITNESS WHEREOF, the parties hereto have executed this Agreement as of the date written above.

 

	Mercari
    Communications Group, Ltd.	 	 
	 	 	 	 
	By:	/s/
    Quanzhong Lin	 	/s/
    Ethan Chuang
	 	Quanzhong
    Lin	 	Ethan
    Chuang
	 	Chief
    Executive OfficerCONSULTING
AGREEMENT

 

THIS
CONSULTING AGREEMENT (this “Agreement”) is entered into as of this 11th day of December 2017 between Mercari Communications
Group, Inc., a Nevada corporation (the “Company”), and Yao-Te Wang (the “Consultant”).

 

Preliminary
Statement

 

Consultant
has performed consulting services for the Company and has agreed to serve as a member of its Board of Directors (collectively,
the “Services”).

 

The
Company desires to issue to the Consultant, and the Consultant is willing to accept from the Company, 15,074,695 restricted shares
of the common stock of the Company (the “Shares”), in consideration for the Services, on the terms and subject to
the conditions set forth in this Agreement.

 

NOW
THEREFORE, in consideration of the mutual promises, covenants and representations contained herein, the parties herewith agree
as follows:

 

1.
ISSUANCE OF SHARES. Upon the terms and subject to the conditions set forth in this Agreement, the Company hereby issues to the
Consultant, and Consultant hereby accepts, the Shares, in payment for the Services.

 

2.
DELIVERIES. The Company has instructed its transfer agent to issue a certificate evidencing the Shares registered in the name
of the Consultant or its nominee.

 

3.
REPRESENTATIONS OF COMPANY. The Company hereby represents and warrants to the Consultant as follows:

 

3.01
Organization. The Company is a corporation duly incorporated, validly existing, and in good standing under the laws of
the State of Colorado and has the corporate power and is duly authorized under all applicable laws, regulations, ordinances, and
orders of public authorities to carry on its business in all material respects as it is now being conducted. The Company has made
available to the Consultant or there is included on the Securities and Exchange Commission’s website (“EDGAR”)
complete and correct copies of the articles of incorporation and bylaws of the Company, each as in effect on the date hereof (together,
the “Company Charter Documents”). The execution and delivery of this Agreement does not, and the consummation of the
transactions contemplated hereby will not, violate any provision of Company Charter Documents. The Company has taken all action
required by law, its Charter Documents, or otherwise to authorize the execution and delivery of this Agreement, and the Company
has full power, authority, and legal right and has taken all action required by law, its Charter Documents, or otherwise to consummate
the transactions contemplated hereby.

 

3.02
Approval of Agreement. The Board of Directors of the Company has authorized the execution and delivery of this Agreement
by the Company and has approved this Agreement and the issuance of the Shares to the Consultant pursuant to this Agreement.

 

    	 

    	 

    

 

3.03
Valid Obligation. This Agreement constitutes the valid and binding obligation of the Company, enforceable in accordance
with its or their terms, except as may be limited by bankruptcy, insolvency, moratorium or other similar laws affecting the enforcement
of creditors’ rights generally and subject to the qualification that the availability of equitable remedies is subject to
the discretion of the court before which any proceeding therefore may be brought.

 

3.04
No Conflict With Other Instruments. The execution of this Agreement and the issuance of the Shares to the Consultant contemplated
by this Agreement will not result in the breach of any term or provision of, constitute a default under, or terminate, accelerate
or modify the terms of, any indenture, mortgage, deed of trust, or other material agreement or instrument to which the Company
is a party or to which any of its assets, properties or operations are subject.

 

3.05
SEC Filings; Financial Statements.

 

(a)
The Company has made available to the Consultant a correct and complete copy, or there has been available on EDGAR, copies, of
each report, registration statement and definitive proxy and information statement filed by the Company with the U.S. Securities
and exchange Commission (the “SEC”) since June 1, 2016 (the “SEC Reports”). As of their respective dates,
the SEC Reports: (i) were prepared in accordance and complied in all material respects with the requirements of the Securities
Act of 1933, as amended (the “Securities Act”) or the Securities Exchange Act of 1934, as amended (the “Exchange
Act”), as the case may be, and the rules and regulations of the SEC thereunder applicable to such SEC Reports, and (ii)
did not at the time they were filed (and if amended or superseded by a filing prior to the date of this Agreement then on the
date of such filing and as so amended or superseded) contain any untrue statement of a material fact or omit to state a material
fact required to be stated therein or necessary in order to make the statements therein, in light of the circumstances under which
they were made, not misleading.

 

(b)
Included in the SEC Reports are the audited balance sheets of the Company as of May 31, 2017 and 2016 and the related audited
statements of operations, stockholders’ equity and cash flows for the years ended May 31, 2017 and 2016, together with the
notes to such statements and the opinion of its independent certified public accountant thereon, and the unaudited balance sheet
of the Company as of August 31, 2017 and the related unaudited statements of operations and cash flows for nine and three month
periods ended August 31, 2017 and 2016, together with the notes to such unaudited statements.

 

    	 

    	 

    

 

(c)
Each set of financial statements (including, in each case, any related notes thereto) contained in the SEC Reports comply as to
form in all material respects with the published rules and regulations of the SEC with respect thereto, were prepared in accordance
with U.S. GAAP applied on a consistent basis throughout the periods involved (except as may be indicated in the notes thereto)
and each fairly presents in all material respects the financial position of the Company at the respective dates thereof and the
results of its operations and cash flows for the periods indicated, except that the unaudited interim financial statements were
or are subject to normal adjustments which were not or are not expected to have a material adverse effect upon the business, prospects,
management, properties, operations, condition (financial or otherwise) or results of operations of the Company, taken as a whole
(“Material Adverse Effect”).

 

4.
REPRESENTATIONS OF CONSULTANT. The Consultant hereby represents and warrants to the Company as follows:

 

4.01
Power and Capacity; Binding Effect. The Consultant has the legal power and capacity to execute and deliver this Agreement.
This Agreement constitutes a legal, valid and binding obligation of the Consultant, enforceable against the Consultant in accordance
with the terms hereof.

 

4.02
No Conflicts. The execution and delivery of this Agreement by the Consultant: (a) does not require the consent of any third
party or governmental entity under any laws; (b) does not violate any laws applicable to the Consultant and (c) does not violate
or breach any contractual obligation to which the Consultant is a party.

 

4.03
Acquisition of Shares Exempt from Registration.

 

(a)
The Consultant understands that the Shares are being offered and sold in reliance on an exemption from the registration requirements
of the Securities Act under Regulation S promulgated under the Securities Act (“Regulation S”), based upon the representations
and warranties of the Consultant as set forth below that the Consultant is not a “U.S. Person,” as defined in Rule
902(k) of Regulation S and that the issuance and sale of the Shares occurred in an “off-shore transaction,” as defined
in Rule 902 (h) of Regulation S, and that the Company is relying upon the truth and accuracy of the representations, warranties,
acknowledgments and understandings of the Consultant set forth herein in order to determine the applicability of such exemptions
and the suitability of the Consultant to acquire the Shares. In this regard, the Consultant represents, warrants and agrees that
he is not a “U.S. Person” as defined in Rule 902(k) of Regulation S and understands that the Shares are not registered
under the Securities Act and that the issuance thereof to Consultant is intended to be exempt from registration under the Securities
Act pursuant to Regulation S. The Consultant has no intention of becoming a U.S. Person, and at the time of the origination of
contact concerning this Agreement and the date of the execution and delivery of this Agreement, the Consultant was outside of
the United States.

 

The
Consultant understands and acknowledges that the certificate representing the Shares will be endorsed with the following legends,
in addition to any other legend required to be placed thereon by applicable federal or state securities laws:

 

    	 

    	 

    

 

“THE
SECURITIES EVIDENCED BY THIS CERTIFICATE HAVE BEEN OFFERED TO INVESTORS WHO ARE NOT U.S. PERSONS (AS DEFINED IN REGULATION S UNDER
THE SECURITIES ACT OF 1933, AS AMENDED (“SECURITIES ACT”)) AND WITHOUT REGISTRATION WITH THE UNITED STATES SECURITIES
AND EXCHANGE COMMISSION UNDER THE SECURITIES ACT IN RELIANCE UPON REGULATION S PROMULGATED UNDER THE SECURITIES ACT.”

 

“TRANSFER
OF THESE SECURITIES IS PROHIBITED, EXCEPT IN ACCORDANCE WITH THE PROVISIONS OF REGULATION S, PURSUANT TO REGISTRATION UNDER THE
SECURITIES ACT, OR PURSUANT TO AVAILABLE EXEMPTION FROM REGISTRATION. HEDGING TRANSACTIONS MAY NOT BE CONDUCTED UNLESS IN COMPLIANCE
WITH THE SECURITIES ACT.”

 

(b)
The Consultant acknowledges that neither the SEC, nor the securities regulatory body of any state or other jurisdiction, has received,
considered or passed upon the accuracy or adequacy of the information and representations made in this Agreement.

 

(c)
The Consultant acknowledges that Consultant has carefully reviewed such information as Consultant has deemed necessary to evaluate
an investment in the Company and its securities. To the full satisfaction of Consultant, the Consultant has been furnished all
materials that he has requested relating to the Company and the issuance of the Shares hereunder, and Consultant has been afforded
the opportunity to ask questions of the Company’s representatives to obtain any information necessary to verify the accuracy
of any representations or information made or given to the Consultant. Notwithstanding the foregoing, nothing herein shall derogate
from or otherwise modify the representations and warranties of the Company set forth in this Agreement, on which the Consultant
has relied in accepting the Shares in consideration for the Services.

 

(d)
The Consultant understands that the Shares may not be sold, transferred, or otherwise disposed of without registration under the
Securities Act or an exemption therefrom, and that in the absence of an effective registration statement covering the Shares or
any available exemption from registration under the Securities Act, the Shares may have to be held indefinitely. The Consultant
further acknowledges that the Shares may not be sold pursuant to Rule 144 promulgated under the Securities Act unless all of the
conditions of Rule 144 are satisfied (including, without limitation, the Company’s compliance with the reporting requirements
under the Exchange Act).

 

4.04
Additional Legends; Consent. The Consultant consents to the Company making a notation on its records or giving instructions
to any transfer agent of the Shares in order to implement the restrictions on transfer of the Shares.

 

    	 

    	 

    

 

5.
MISCELLANEOUS.

 

(a)
This Agreement represents the entire agreement between the parties hereto with respect to the transactions contemplated hereby
and supersedes all prior agreements with respect thereto, whether written or oral.

 

(b)
Survival. The representations and warranties of the respective parties shall survive the purchase and sale of the Shares
contemplated hereby for a period of one year.

 

(c)
This Agreement shall be governed by and construed in accordance with the laws of the Peoples’ Republic of China.

 

(d)
This Agreement may be executed in counterparts, each of which shall be an original, but all of which shall constitute but one
Agreement.

 

    	 

    	 

    

 

IN
WITNESS WHEREOF, the parties have executed this agreement as of the date of first written above.

 

	 	MERCARI
    COMMUNICATIONS GROUP, LTD.:
	 	 	 
	 	By:	/s/
    Quanzhong Lin
	 	  	Quanzhong
    Lin
	 	 	Chief
    Executive Officer
	 	 	 
	 	CONSULTANT:
	 	 	 
	 	 	/s/Yao-Te
    Wang 
	 	 	Yao-Te
    Wang

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00277-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00277-of-00352.parquet"}]]