Document:

Exhibit 10.9

 

 

RIDER
SPORTSFASHION Limited

 

 

Agency
Agreement

 

Party
A: RIDER SPORTSFASHION.Limited (hereinafter referred to as “Party A”)

 

Authorised
Representative: Jin Guangwei

Title:
Regional Sales Mangager

Address:
Room 509, Building C, Junfeng Huating, No., 69, Beichen West Road, Chaoyang District, Beijing

Tel.:
010-58772071

Postal
code: 100029

 

Party
B: Wuchang Longqi Bicycle Operation Department, Wuhan (hereinafter referred to as “Party B”)

 

Legal
representative: Liu Yong

Title:
General manager

Address: No.95 Shouyi Mingju, Shouyi Road, Wuchang District

Tel.: 027-88060259

Postal
code: 430070

 

Whereas
Party A hereby authorizes Party B to sell Party A’s relevant products in the region designated, the following agreement
(hereinafter referred to as “this Agreement”) is made and entered into by and between both parties on the principle
of equality and mutual benefits after reaching consensus via negotiation:

 

I.
Requirements for Distributor 

 

1.
Independent legal personality qualification and legally registered bicycle store or outdoor equipment store with an area of over
100m2;

 

2.
Agreeing on the operation and management mode of JAKROO brand and looking for joint long-term development;

 

3.
Capable of implementing and abiding by all market policies, coordinating the implementation of all marketing schemes actively
and finishing sales objective.

 

II.
Sales Region and Term

 

	1.	Party
                                         A hereby authorizes Party B to sell Jakroo mainstream products;
	 	 
	2.	Party
                                         A authorizes Party B to sell the products in Wuhan, Hubei Province
	 	 
	3.	The
                                         term of agency is as of January 1, 2016 to December 31, 2016;

 

III.
Amount of Products Purchased

 

Party
B shall purchase products which shall cost no lower than RMB 400,000 per year from Party A.

 

IV.
Purchase Price and Sales Price

 

	1.	Party
                                         B’s purchase price shall be 56% of the retailing price issued on Party A’s
                                         ordering website.
	 	 
	2.	Party
                                         B’s retailing sales price shall be subject to the retailing price issued on Party
                                         A’s ordering website and may float within the range of 20% based on the actual
                                         conditions.
	 	 
	3.	Party
                                         B’s group purchasing sales price shall not be lower than 75% of the retailing price
                                         issued on Party A’s ordering website, i.e., not lower than 25% discount.

 

     

     

    

 

 

V.
Party A’s Rights and Obligations

 

	1.	Party
                                         A shall supply goods to Party B in accordance with time and quantity agreed by both parties
                                         and ensure the quality of the products supplied meets the relevant national standards;
	 	 
	2.	Party
                                         A shall provide Party B with product information, store publicity materials and supporting
                                         sales tools on a timely basis;
	 	 
	3.	Party
                                         A shall be entitled to adjust and standardize market order by taking required measures;
	 	 
	4.	Party
                                         A shall keep Party B’s commercial secrets acquired through dealing with activities
                                         confidential.
	 	 
	5.	Should
                                         Party B’s trial sales period expire, Party A shall issue relevant information about
                                         Party B’s operation site and declare that Party B is the dealer legally authorized
                                         by Party A on its website (www.jakroo.com.cn). 
	 	 
	6.	Party
                                         A shall reserve the right to sell commodities through internet. 

 

VI.
Party B’s Rights and Obligations

 

	1.	Party
                                         B shall strictly abide relevant national laws, regulations and industrial codes and conduct
                                         business according to laws.
	 	 
	2.	Party
                                         B is not allowed to sell Party A’s products online in any form.
	 	 
	3.	Party
                                         B is not allowed to sell Party A’s products beyond the scope of the distribution
                                         regions specified in this Agreement.
	 	 
	4.	Party
                                         B may, before displaying and decorating Party A’s products, apply to Party A for
                                         display support.
	 	 
	5.	In
                                         case of customized service needed, Party B shall enjoy a 20% discount of Party
                                         A’s market customization price.
	 	 
	6.	Where
                                         Party B organizes medium and large-sized cycling activities, Party B can apply to Party
                                         A for in-kind sponsorship by submitting relevant materials. Party A shall, based on the
                                         scale of activity, provide in-kind sponsor service accordingly.
	 	 
	7.	Party
                                         B shall submit all the publicity materials related to Party A’s products as printed
                                         by Party B to Party A for audit and Party B cannot print any of these materials without
                                         Party A’s written consent. Party B shall bear the fees of printing the above which
                                         shall never violate Chinese laws and regulations. Party B is not allowed to use the intellectual
                                         properties legally owned by Party A or any third party without the consent of Party A
                                         or relevant obligee, including but not limited to copyright.
	 	 
	8.	Party
                                         B shall maintain the image and good reputation of Party A and Party A’s products
                                         consciously. In course of selling the products regulated herein, Party B, without the
                                         permission of Party A or relevant obligee, is not allowed to use any intellectual property
                                         or product design legally owned by Party A or any third party, such as patent, trademark,
                                         copyright and domain name;

 

 

 

    	 	2	 

     

    

 

 

 

	9.	Party
                                         B shall bear the loss resulting from or caused by its own commercial activities, legal
                                         activities and improper operation and management during the whole process of selling
                                         the products stated herein;
	 	 
	10.	Party
                                         B shall, within ten working days upon receiving goods, examine the goods. In case of
                                         goods loss, destruction or inconsistent quality or quantity, Party B shall, within two
                                         working days upon the acceptance, send a written notice to Party A. The products supplied
                                         by Party A shall be viewed to have met the provisions of this Agreement if Party B fails
                                         to organize acceptance or send a written notice to Party A within the time limit above;
	 	 
	11.	Party
                                         B, without Party A’s explicit written consent, is not allowed to continue distributing
                                         Party A’s products after this Agreement expires or is terminated or this Agreement
                                         is rescinded according to the provisions of this agreement.
	 	 
	12.	Party
                                         B shall keep confidential for Party A's commercial secrets known through its activities
                                         as an agent.

 

VII.
Liabilities for breach of contract

 

		1.	In
                                         case of breaching the provisions stated herein (force majeure) seriously, the default
                                         party shall pay observant party liquidated damages which shall be RMB 50,000.
	 	 	 

		2.	Provided
                                         that the default party causes losses which are more than the liquidated damages above
                                         to the other party, the default party shall also pay the difference between the aforesaid
                                         liquidated damages and actual losses, in addition to the liquidated damages stated above.

 

X.
Force Majeure

 

In
case of to the failure to perform the obligations set forth in this Agreement according to the terms and conditions specified
by force majeure that can not be predicted, prevented or avoided such as earthquake, typhoon, flood or war, the affected party
shall notify the other party via call, fax or telegraph and shall within fifteen days upon the occurrence, provide the detailed
materials and other valid documents, which can prove that this Agreement cannot be performed, either wholly or partially or will
be delayed, as issued by the local notary organization. Both parties shall, based on the influence of the event on the performance
of this Agreement, decide whether to terminate this Agreement, or exempt or postpone the performance of some obligations contained
herein.

 

XI.
Modification, Termination and Renewal of this Agreement

 

	1.	Both
                                         parties can modify or supplement this Agreement in writing after reaching agreement via
                                         negotiation.
	 	 
	2.	Provided
                                         that Party B sells Party A’s products online, Party A may stop supplying goods
                                         by terminating this Agreement, as the case may be.
	 	 
	3.	Where
                                         Party B sells Party A’s products with a price lower than the sales price specified,
                                         Party A may stop supplying goods by terminating this Agreement as the case may be.

 

 

 

    	 	3	 

     

    

 

 

 

	4.	Provided
                                         that Party B sells Party A’s products beyond the scope of distribution region specified
                                         herein, Party A may stop supplying goods by terminating this Agreement, as the case may
                                         be.
	 	 
	5.	Provided
                                         that Party B has not purchased goods from Party A for consecutive three months or the
                                         amount of purchase is less than RMB 5,000 during the validity of this Agreement, this
                                         Agreement shall become invalid automatically.
	 	 
	6.	Should
                                         any provision contained herein be declared as invalid or non-enforceable, the rest provisions
                                         of this Agreement shall remain valid continuously. 
	 	 
	7.	This
                                         Agreement becomes invalid automatically if Party B fails to pay margin within fifteen
                                         days upon the execution of this Agreement.
	 	 
	8.	Where
                                         either party breaches any term herein or breaks relevant laws seriously or damages the
                                         other party’s interests, the other party shall be entitled to terminate this Agreement
                                         in writing in advance. However, the early termination of this Agreement by the other
                                         party does not affect the other party from claiming damages against the default party
                                         according to the provisions of Article 10 of this Agreement.
	 	 
	9.	As
                                         specified in this Agreement, this Agreement shall be terminated automatically after the
                                         authorized sales period of Party B expires;
	 	 

		10.	Both
                                         parties shall, three months before the expiration of this Agreement, decide whether to
                                         renew this Agreement via negotiation; provided that both parties agree to renew this
                                         Agreement after reaching an agreement, both parties shall renew this Agreement.

 

XII.
Miscellaneous 

 

	1.	Any
                                         dispute or claim arising out of or in relation with this Agreement shall be resolved
                                         by both parties via friendly negotiation; in case of failure in negotiation, either party
                                         can file a lawsuit to the People’s Court at the place of Party A.
	 	 
	2.	For
                                         the matters not covered herein, both parties can specify such matter by executing a supplementary
                                         agreement via negotiation; the supplementary agreement, if any, shall serve as an indispensable
                                         part of this Agreement with the same legal effect;
	 	 
	3.	This
                                         Agreement is signed in Chinese and can be translated into other languages. In case of
                                         any inconsistency among the versions of different languages, the Chinese version shall
                                         prevail.
	 	 
	4.	This
                                         Agreement is executed in duplicate with each party holding one with the same legal effect.
	 	 
	5.	This
                                         Agreement shall come into effect upon the signature and stamp by both parties.

 

	Party
    A: RIDER SPORTSFASHION Limited	 	Party
        B: Wuchang Longqi Bicycle Operation Department, Wuhan

         

	Representative:
    Jin Guangwei	 	Representative:
    Liu Yong
	 

                                                                                         

        RIDER
        SPORTSFASHION Limited (seal)
	 	 

                                                                                         Wuchang
Longqi Bicycle Operation Department, Wuhan (seal)

	April
    22, 2016	 	April
    22, 2016

 

 

 

 

4Exhibit
10.10

 

 

	 	Fortuna
    Digital Graphics	No.:
    0121284

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contract
for Sales of Products

 

 

 

 

 

 

 

 

 

 

     

     

    

 

Note
for execution, of the contract: 

 

		1.	This
                                         contract will only be used as the contract for the sales of products manufactured and
                                         sold by Fortuna instead of other purposes.

 

		2.	All
                                         contents of the contract shall become valid only after they are filled in with black
                                         pen or a black signing pen;

 

		3.	All
                                         contents of the contract shall be filled in completely without any blank left; and

 

		4.	The
                                         appendixes herewith shall serve as an indispensable part of the contract and have the
                                         same legal force with the contract.

 

    	 	1	 

     

    

  

	Date
    of execution: October 17, 2014	 	Place
    of execution: Beijing
	 	 	 
	Party
        A: Rider Sportsfashion Limited

        Seal:
        special contract seal of Rider Sportsfashion Limited
	 	Party
        B: Beijing Fortuna Digital Graphics Co., Ltd.

        Seal:
        special contract seal of Beijing Fortuna Digital Graphics Co., Ltd.

	Add.:
    Room 509, Building C, Junfeng Huating, No., 69, Beichen West Road, Beijing	 	Add.:
    22/F, Qingyun Dangdai Mansion, No. 43 West Street of North 3rd Ring Road, Haidian District, Beijing 
	Postal
    code: 100029	 	Postal
    code: 100086
	Tel.:
    010-58773375	 	Tel.:
    010-82511122
	Fax:
    010-58773378	 	Fax:
    010-82511388
	Entrusted
    representative: Geng Li	 	Entrusted
    representative: Qin Peng

 

In
strict accordance with the stipulations of Contract Law of the People’s Republic of China and other relevant regulations,
the contract regarding the fact that Party B’s products are purchased by Party A (hereinafter referred to as “this
Contract”) is made and entered into by and between Party A and Party B based on the principle of equality and mutual benefit
after reaching a consensus through negotiation, in order to define each party’s rights and obligations respectively.

 

Article
1 Products Details

 

	Product
    brand/ name	Model/Specification	Unit	Qty.	Unit
    price (RMB Yuan)	Total
    (RMB Yuan)
	Epson	F7180	Pcs	1	105,000.00	105,000.00
	 	 	 	 	 	 
	 	 	 	 	 	 
	Additional
    products purchased (Appendix 3)	 	 	 	 	 
	Total	 	 	 	 	105,000.00

 

Total:
RMB 105,000.00

 

    	 	2	 

     

    

 

Article
2 Payment and Delivery Time

 

Party
A shall, within 3 days upon the execution of this Contract, pay off all payment for goods hereto above, RMB     /    (say: RMB
    /    ) in lump sum. Party B shall deliver equipment within     /    the day (s) upon receiving all payment for goods (the
payment in cash shall be subject to date of payment while other payment modes shall be subject to the time when the payment for
goods is delivered to the appointed account by Party B).

 

Article
3 Equipment Delivery and Acceptance

 

		1.	Both
parties agree that Party B shall deliver and accept goods based on the     /    (in words)
mode set forth below.

 

		1)	Party
                                         A shall be held liable for delivering the products to Party B’s company where the
                                         products shall be handed over and accepted.

 

		2)	Where
                                         the site of delivery and acceptance is Party B’s company and Party B delivers the
                                         goods to the place designated by Party A for Party A after passing acceptance as mutually
                                         agreed, Party A shall bear all transportation fees and premiums (only applicable to the
                                         case that the destination is in the same city as the authorized signatory).

 

		3)	Where
                                         Party A needs Party B to assist with delivering the equipment to other cities appointed,
                                         Party A shall appoint transportation mode and carrier; Party B is considered to have
                                         delivered equipment upon consignment (subject to waybill of transportation unit appointed
                                         by Party A). Both parties shall accept goods at the site where Party A receives equipment
                                         and Party A shall bear all freights and premiums incurred accordingly.

 

		2.	Both
                                         parties shall make acceptance together and make confirmation through signature upon the
                                         equipment being accepted. The product accessories shall be subject to the list in Appendix
                                         3 herewith and the former manufacturer’s product instruction and sample provided
                                         by Party B shall be considered as quality standard for acceptance.

 

		3.	Where
                                         both parties select the third goods delivery mode, Party A is not allowed to unpack box
                                         or install or use the machine without Party B’s consent in writing upon receiving
                                         the products; otherwise, the machine is considered qualified, and Party B will no longer
                                         make acceptance.

 

		4.	Party
                                         B shall, at the delivery site, deliver the equipment to Party A. Where the delivery is
                                         delayed due to objective conditions that are unforeseeable, inevitable and insuperable,
                                         Party B shall not bear any relevant liability or liabilities.

 

		5.	Both
                                         parties shall, within 24 hours upon Party A receiving goods, make acceptance at the delivery
                                         site and Party A shall submit Equipment Acceptance Report signed and sealed to
                                         Party B at the same time.

 

		6.	Where
                                         Party A finds inconsistency, inferior quality or defects of model, specification, quantity
                                         and technical properties of equipment, due to the manufacturers’ or Party B’s
                                         liabilities during acceptance, Party A shall, on the date of delivery or no later than
                                         3 days after the date of delivery, notify Party B of the cases above in writing without
                                         undue delay and Party B shall be responsible for handling that; otherwise, the equipment
                                         is considered to have met the requirements of this Contract and appendixes hereof.

 

    	 	3	 

     

    

 

Article
4 Equipment Maintenance and Post-Sales Service

 

		1.	Party
                                         B shall authorize the appointed company to provide such service as equipment maintenance
                                         and after-sales service; for power of attorney, see Appendix 5 hereof.

 

		2.	The
                                         maintenance and post-sale service for various products shall be governed by Appendix
                                         1 General Rules for Equipment Maintenance Service of Fortuna Digital Graphics,
                                         Appendix 2 Maintenance Service Standard of Contract Product and supplementary
                                         agreement(s) made and entered into by and between both parties (if any).

 

		3.	Party
                                         B shall provide door-to-door installation and debugging service and 2-day user training.

 

		4.	Before
                                         Party B designates technical service personnel to make installation, debugging and training,
                                         Party A shall provide necessary conditions for normal work in the aspect of operators
                                         and sites and notify Party B in writing.

 

		5.	The
                                         second-hand equipment is not included within the scope of services set forth in the four
                                         provisions hereto above, the maintenance and post-sale service of which shall be determined
                                         by both parties additionally by signing appendixes through negotiation.

 

Article
5 Liabilities for Breach of Contract

 

		1.	In
                                         case of failure to delivering goods on time, Party B shall pay Party A liquidated damages
                                         which shall be 0.03% of contract price for each day overdue; in case that the delivery
                                         is delayed for more than 20 days, Party B is considered to fail to deliver goods.

 

		2.	Where
                                         Party B cannot deliver goods, it shall, in writing, notify Party A in advance and return
                                         Party A payment for goods paid by Party A.

 

		3.	Provided
                                         that Party A returns goods within 2 weeks upon delivery of goods, Party A shall pay Party
                                         B liquidated damages which shall be 10% of the contract price and bear all costs for
                                         delivering goods to Party B; Party B should return the payment for goods to Party A upon
                                         making acceptance for the machine. Party A is not allowed to return goods 2 weeks after
                                         delivery of goods.

 

		4.	Where
                                         Party A finds the goods are not original or new, or cannot be used normally or destroyed
                                         seriously in the course of installation or acceptance at its place under the premise
                                         that the defects above are not caused by transportation, Party B shall replace such goods
                                         with new equipment of same model without additional charges and bear freight and transportation
                                         risks.

 

		5.	In
                                         case of failure to pick up goods within two weeks of the delivery term regulated herein,
                                         Party A is considered to have abandoned the purchase and the transaction shall be terminated.

 

		6.	The
                                         default party shall bear the liabilities for breach (excluding joint liabilities caused
                                         by such breach) set forth in this contract, which shall not be borne by the non-default
                                         party.

 

		7.	Where
                                         the goods cannot be delivered as a result of force majeure, Party B shall return funds
                                         paid by Party A only and the transaction shall be terminated.

 

    	 	4	 

     

    

 

Article
6 Dispute Resolution

 

Any
dispute arising out of or in relation with the performance of this Contract shall be resolved by both parties through amicable
negotiation; in case of failure in negotiation, either party shall be submitted to the Beijing Arbitration Commission for arbitration
in accordance with its arbitration rules then effective; the arbitration award shall be final and binding upon both parties. The
arbitration fees and winning party’s counsel fee shall be borne by the losing party.

 

Article
7 Matters not covered in this Agreement shall be determined by the Parties separately through negotiation. This Contract (including
appendixes hereof) is executed in triplicates with one for Party A and two for Party B and becomes valid upon signature (stamp)
of both parties.

 

	Party
        A: Rider Sportsfashion Limited

        Seal:
        special seal for contract of Rider Sportsfashion Limited
	 	Party
        B: Beijing Fortuna Digital Graphics Co., Ltd.

        Seal:
        special seal for contract of Beijing Fortuna Digital Graphics Co., Ltd.

	Authorized
    representative: Geng Li	 	Authorized
    representative: Qin Peng
	Date:
    October 17, 2014	 	Date:
    October 17, 2014

 

    	 	5	 

     

    

 

Appendix
1: 

 

General
Rules for Equipment Maintenance Service of Fortuna Digital Graphics

 

		1.	Technical
                                         service center of Fortuna Digital Graphics exclusively owns the right of interpretation
                                         of the General Rules and neither individual nor other unit shall have the right
                                         to modify or interpret the General Rules.

 

		2.	These
                                         provisions hereto are only applicable to the equipment, the maintenance service of which
                                         is provided by Fortuna Digital Graphics rather than those maintained by other manufacturers
                                         according to the relevant requirements.

 

		3.	The
                                         instruction and interpretation for technical index of equipment sold shall be subject
                                         to technical data provided by the equipment manufacturer (based on product instruction
                                         or relevant industrial standards) and the interpretation made by other institutions or
                                         persons is null and void.

 

		4.	All
                                         equipment shall be provided with valid receipts and warranty cards provided by Fortuna
                                         Digital Graphics. For the equipment, the valid receipt or warranty card of which cannot
                                         be provided, Fortuna Digital Graphics shall be entitled to refuse to provide relevant
                                         post-sales service such as maintenance.

 

		5.	Fortuna
                                         Digital Graphics shall only be responsible for warranty liabilities but not any other
                                         joint compensation liabilities for any equipment defects.

 

		6.	For
                                         the equipment, the on-site warranty service of which is provided for free for 1 year,
                                         we are liable for solving hardware defect of equipment only; for the problems caused
                                         by software or other relevant equipment, we only provide technical consultation service.

 

		7.	48-hour
                                         service response means that the Company prepares solution plan or designate maintenance
                                         engineers to provide door-to-door service within 2 consecutive working days (except for
                                         national legal holidays) upon the conformation for hardware fault of users’ equipment
                                         as per relevant service articles and clauses. In case of failure in designating suitable
                                         personnel within 48 hours due to technical issues, the Company shall make interpretation
                                         in advance and determine specific time limit.

 

		8.	The
                                         Company shall be responsible for maintaining equipment against faults under the premise
                                         that the equipment can be used normally within warranty period.

 

		9.	The
                                         Company may charge maintenance fee within the warranty period, based on practical conditions
                                         if any of the following circumstances happens, as the case may be:

 

(Maintenance
fee= man-hour fee+ spare part fee+ travel expense)

 

	 	*	The user cannot provide warranty card or other valid
certificates;

 

	 	*	The user cannot provide “warranty seal of Fortuna
Digital Graphics”;

 

	 	*	The defect is caused by the user who operates improperly;

 

	 	*	The defect is caused by external power supply system
or computers;

 

	 	*	The defect or damage is caused by collision;

 

	 	*	The defect is caused by userstransforming or maintaining
equipment arbitrarily without authorization;

 

	 	*	Accidental disasters (flood, fire disaster...)

 

    	 	6	 

     

    

 

		10.	Users
                                         shall keep external package of the equipment after the equipment is installed in order
                                         to facilitate maintaining or delivering the equipment in the further.

 

		11.	Where
                                         the equipment is damaged during transportation, users should make solution by contacting
                                         with the carrier or insurance company.

 

		12.	If
                                         finding the equipment is malfunctioning, users shall contact technical service center
                                         of Fortuna Digital Graphics and inform them of the practical conditions in order to handle
                                         that properly; users may not otherwise consult non-specialists or dismantle the machine
                                         arbitrarily lest result in more serious losses.

 

		13.	The
                                         consumables of equipment are not within the warranty scope. (For specific contents, see
                                         service manual of equipment)

 

		14.	If
                                         the user who purchases a printer uses ink not appointed by Fortuna Digital Graphics arbitrarily
                                         without authorization, he or she is considered to abandon relevant warranty rights with
                                         regard to equipment.

 

		15.	We
                                         will provide installation, use and technical support service for software sold singly
                                         or with the equipment for free for 6 months (off-site service)

 

		16.	We
                                         will charge updating service fees for software and hardware based on relevant regulations.

 

		17.	In
                                         case of changing your correspondence address, please inform us actively and immediately
                                         in order to contact each other when necessary.

 

		18.	We
                                         will maintain the equipment beyond warranty period by charging maintenance fee based
                                         on current maintenance charging standard.

 

    	 	7	 

     

    

 

Appendix
2: 

 

Maintenance
Service Standard of Fortuna Digital Graphics

 

Please
do read through all contents stated in Appendix 1 (General Rules for Equipment Maintenance Service of Fortuna Digital Graphics)
which shall serve as an indispensable part of this maintenance service standard. Fortuna Digital Graphics shall provide maintenance
service below for contract products:

 

		I.	Equipment
                                         Warranty and Service: 

 

		1.	Painting
                                         equipment

 

The
parts maintained for free (committed by equipment manufacturer) 

 

Equipment
manufacturer commits to provide warranty service for such parts as all kinds of circuit boards, motors, motor drivers, power supply
transformers, special data line, frequency converters, power boxes, sensors, raster decoders, transmission belts, driving wheels,
bearings, guide rails and paper pressing wheels installed on equipment as committed by equipment manufacturer.

 

Warranty
period for free maintenance: 12 months Warranty mode (note): on-site (Ö)/ off-site ( )

 

The
parts not warranted (The parts below belong to consumable or external package, all of which are out of warranty scope)

 

Equipment
manufacturer does not commit to providing warranty service for parts such as graphite head, graphite, paper knife, tampon, doctor
blade, ink sac (ink tank), ink place, ink place support, grating, components of ink pump, ink filter, ink pipe, waste ink tank,
graphite head data line, equipment shell, vacuum cleaner and packing box.

 

		2.	Carving
                                         equipment

 

The
parts maintained for free (committed by equipment manufacturer)

 

Equipment
manufacturer commits providing warranty service for parts such as all kinds of circuit boards, motor, motor driver, power supply
transformer, special data line, frequency converter, power box, bearing, sensor, lead screw, driving belt, driving wheel and laser
tube installed on equipment.

 

Warranty
period for free maintenance: 12 months Warranty mode (note): on-site ( )/ off-site ( )

 

The
parts not warranted (The parts below belong to consumable or external package, all of which are out of warranty scope)

 

Equipment
manufacturer does not commit to providing warranty service for parts such as mesa, all kinds of fixtures, reflectors, focusing
mirror, exhaust fan, equipment shell and packing box.

  

Note:
Off-site refers to all local technical service centers of Fortuna Digital Graphics; in off-site warranty condition, the door-to-door
service fee shall be charged for on-site maintenance and service required by clients according to relevant regulations of Fortuna
Digital Graphics.

 

    	 	8	 

     

    

 

		II.	The
                                         costs and expenses incurred below against parts unwarranted or the maintenance beyond
                                         warranty scope: 

 

transportation
fee and accommodation fee from Fortuna Digital Graphics to the clients’ spot

 

Man-hour
fee: the fees calculated based on days of business trip of Fortuna Digital Graphics service engineers (if the business trip
is less than a day, a whole day shall be accounted):

 

Man-hour
fee in the city: RMB 300 day;

 

Man-hour
fee out of the city: RMB 500 day

 

(The
days of business trip shall be calculated based on the date of ticket; if the business trip is less than a day, the man-hour fee
shall be calculated based on one day)

 

Fitting
fees: fees for fittings changed and used

 

		III.	Training
                                         for Use of Equipment

 

		a)	Fortuna
                                         Digital Graphics shall provide 2-day (8 hour each day) on-site installation and use training
                                         service for equipment.

 

		b)	The
                                         users can participate in Fortuna Digital Graphics’s Fortuna Digital Graphics
                                         Express                  
                                         person(s) (The clients shall pay for travel expenses of those participating in the
                                         training according to relevant documents of Fortuna Digital Graphics).

 

    	 	9	 

     

    

 

Appendix
4: 

 

Other
Articles and Clauses (valid upon stamp/ signature of both parties)

 

	j Delivered
and installed on October 20, 2014; all funds were paid off 3 months after the installation.

	 
	 
	 
	 
	 
	 
	 
	 
	 
	 
	 
	 
	 
	 
	 
	Party
    A: (seal & signature) Geng Li	Party
    B: (seal & signature) Qin Peng
	October
    17, 2014	October
    17, 2014
	Seal:
    special contract seal of Rider Sportsfashion Limited	Seal:
    special contract seal of Beijing Fortuna Digital Graphics Co., Ltd.
	 
	 
	 
	 
	 
	 

 

 10

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00269-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00269-of-00352.parquet"}]]