Document:

Exhibit 10.9

 

REAL PROPERTY OPTION TO PURCHASE
CONTRACT

 

This amended REAL PROPERTY OPTION
TO PURCHASE CONTRACT (this “Contract”) was initially executed on March 25, 2022 as of March 23rd, 2022,
by and between

 

	OZ CAPITAL, LLC	 
	a Texas limited liability company	 
	222 West Exchange Street	 
	Fort Worth, Texas 76164	(“Grantor”)
	and	 
	GENH HALCYON ACQUISITION, LLC	 
	a Texas limited liability company	 
	PO Box 540308	 
	Dallas, Texas 75354	(“Optionee”).

 

This agreement has been modified by the
parties hereto from its original version as of March 23, 2022 under paragraph number 2 below titled “Option Purchase Price”
to the originally agreed purchase price of $993,000.

 

RECITALS

 

 A. Grantor is the owner in fee simple of the Property (hereinafter defined).

 

B. Grantor
issued Optionee an option to purchase and acquire the Property under the terms of the Contract dated January 11, 2021 and such option
expired by its amended terms on June 30, 2022.

 

C. Grantor
and Optionee desire to grant Optionee an option to purchase and acquire the Property, pursuant to the terms and conditions contained in
this Contract.

 

NOW, THEREFORE,
in consideration of the mutual representations, benefits and covenants contained herein, and other good and valuable consideration, the
receipt and sufficiency of which are acknowledged and confirmed, Grantor and Optionee covenant and agree as follows:

 

TERMS AND CONDITIONS

 

1. The
Property. The real property consists of one parcel located at 400 Mitsubishi Lane, Christian County, Kentucky 42240, as more particularly
described on EXHIBIT “A”, together with any and all improvements now existing or hereafter located thereon (the “Property”).

 

2. Option
Purchase Price. Optionee shall be granted an option to acquire the Property from Grantor free and clear of all liens for a purchase
price of $993,000.00 for a period commencing on the date of Optionee satisfies all of its obligations in Paragraphs 3 and 4 of this Contract
and ending on August 25th, 2022. The conveyance of the Property to Optionee following the exercise of the Option in accordance with this
Contract must be completed no later than August 25th, 2022.

 

3. Rent
Owed. The Optionee pays to the Grantor during the month of August rent obligation as tenant of the Property through the date of exercise
of the Option, including but not limited to the $10,249.00 specified in Exhibit B that is outstanding as of the date of this Contract.

 

4. Rent
Due. The Optionee pays rent expenses due to the Grantor no later than the 3rd day of each month in accordance with its
lease obligation for the duration of this agreement until the date in which property is sold.

 

REAL PROPERTY OPTION TO
PURCHASE CONTRACT – Page 1

 

     

     

    

 

 5. Closing; Closing Costs; Closing Documents.

 

(a) Closing Costs. In the event of the exercise of this option by the Optionee, Optionee shall pay the recording fee for the general
warranty deed. Optionee shall pay for preparation of the deed, the transfer tax on the deed and all title examination fees and title insurance
premiums, if any, necessary to provide Optionee with an owner’s policy of title insurance (the “Title Policy”). Grantor
and Optionee shall be responsible for the payment of their own respective attorneys’ fees and expenses.

 

(b) General Warranty Deed. On the
closing date specified in the exercise of this Option that is not later August 25th, 2022 (the “Option Closing Date”),
Grantor shall convey to Optionee an unencumbered, marketable fee simple title to the Property by recordable deed of general
warranty, free and clear of all liens and encumbrances, except liens for real property taxes and assessments for the current year
not yet due and payable and thereafter, and all exceptions to title contained in the Title Policy.

 

(c) Real
Property Taxes. All real property ad valorem taxes and assessments against or on the Property, due and payable in the year of Closing,
shall be prorated between Optionee and Grantor as of the Option Closing Date on a calendar year or fiscal year basis, whichever is appropriate.

 

(d) Utility
Charges. Grantor shall pay all charges for utility services rendered before the Option Closing Date with respect to the Property,
and Optionee shall pay all charges for utility services rendered on or after the Option Closing Date. All utility meters with respect
to the Property, if any, shall be read by a representative of each utility company on the Option Closing Date.

 

 6. Possession. Exclusive possession of
the Property shall be delivered to Optionee on the Closing Date.

 

7. As Is Condition. Optionee
acknowledges and agrees that, except as specifically set forth herein, Grantor is not making and has not at any time made any
warranties or representations of any kind or character, express or implied, with respect to the Property, including, but not limited
to, any warranties or representations as to the habitability, merchantability, fitness for a particular purpose, zoning, physical
defects or condition, environmental condition, compliance with applicable laws, rules and regulations or any other matter whatsoever
regarding the Property, except as provided herein. Subject to Grantor’s representations and warranties specifically set forth
herein, Optionee acknowledges and agrees that upon Closing, Grantor shall sell and convey the Property to Optionee and Optionee
shall accept the Property “AS IS AND WITH ALL FAULTS.” Optionee has not relied and will not rely on, and Grantor is not
liable for or bound by, any expressed or implied warranties, guaranties, statements, representations, or information pertaining to
the Property or relating thereto made or furnished by any agent representing or purporting to represent Grantor.

 

8. Risk
of Loss. All risk of loss with respect to the Property shall remain with Grantor until the closing and delivery of the deed to Optionee
on the Option Closing Date.

 

9. Default.
If, following the full execution of this Contract, either party defaults in the performance of its duties or obligations under this Contract,
then:

 

(a) if
Optionee is the party in default and such default is not cured within seven (7) days, (i) this Contract shall become null and void; and
(ii) Grantor may pursue any other remedy available at law or in equity; and

 

(b) if
Grantor is the party in default and such default is not cured within seven (7) days after written notice, (i) Optionee may declare this
Contract null and void; and (ii) Optionee may pursue any other remedy available at law or in equity.

 

REAL PROPERTY OPTION TO
PURCHASE CONTRACT – Page 2

 

     

     

    

 

 10. Notice.

 

(a) Delivery.
Any notice or consent authorized or required by this Contract shall be in writing and (i) delivered personally; (ii) sent postage
prepaid by certified mail or registered mail, return receipt requested; or (iii) sent by a nationally recognized overnight carrier
that guarantees next day delivery, directed to the other party at the address first set forth above or such other parties or
addresses as may be designated by either Optionee or Grantor by notice given from time to time in accordance with this Paragraph
11.

 

(b) Receipt.
A notice or consent given in accordance with this Paragraph 11 shall be deemed received (i) upon delivering it in person; (ii) three days
after depositing it in an office of the United States Postal Service or any successor governmental agency; or (iii) one day after giving
it to a nationally recognized overnight carrier.

 

11. Benefit
and Binding Effect. This Contract shall be binding upon, and shall inure to the benefit of, the parties hereto, their respective heirs,
legal representatives, successors and assigns.

 

 12. Time of the Essence. Time is of the essence for this Contract.

 

13. Governing
Law. This Contract shall be governed by and construed in accordance with the laws of the Commonwealth of Kentucky.

 

14. Entire
Agreement. This Contract contains the entire agreement between the parties hereto with respect to the matters to which it pertains,
and may be amended only by written agreement signed by both Optionee and Grantor.

 

15. Headings.
The paragraph headings used herein are for convenience purposes only and do not constitute matters to be construed in interpreting this
Contract.

 

 16. Assignment. Optionee may not assign this Contract to any party, without the consent of Grantor.

 

17. Further
Assurances. The parties hereto shall take such further action and execute such documents and instruments as shall be reasonably necessary
to consummate the transactions contemplated by this Contract.

 

Signature Page Follows

 

REAL PROPERTY OPTION TO
PURCHASE CONTRACT – Page 3

 

     

     

    

 

IN WITNESS WHEREOF, the parties acting
by and through their duly authorized representatives, duly executed this Contract as of the date first set forth above, but actually on
the dates set forth below.

 

	 	GRANTOR:
	 	 
	 	OZ CAPITAL, LLC,
	 	a Texas limited liability company
	 	 	 
	 	By:	/s/ Watt P. Stephens
	 	Name: 	Watt P. Stephens
	 	Title:	Partner
	 	 	 
	 	Date:	August 16th, 2022
	 	 	 
	 	OPTIONEE:
	 	 
	 	GENH HALCYON ACQUISITION, LLC,
	 	a Texas limited liability company
	 	 	 
	 	By:	/s/ Gary C. Evans
	 	Name:	Gary C. Evans
	 	Title:	Chairman and CEO
	 	 	 
	 	Date:	August 10, 2022

 

REAL PROPERTY OPTION TO
PURCHASE CONTRACT – Signature Page

 

     

     

    

 

EXHIBIT A

 

BEING Lot 4, Hopkinsville Industrial Park, as shown by plat
of record in Plat Cabinet 4, File 467, in the Office of the Clerk of Christian County, Kentucky.

 

THERE IS EXCEPTED FROM the foregoing Lot 4, so much thereof
as was conveyed to the Commonwealth of Kentucky, for the use and benefit of the Transportation Cabinet, Department of Highways, by Deed
dated December 12, 1994, and recorded in Deed Book 516 at Page 140, Christian County Clerk’s Office, as amended by a Deed of Correction
dated July 14, 1995, and recorded in Deed Book 522, at Page 325, same office, which property is described as follows:

 

Beginning at a point 40.00 feet right of US41 Nashville Rd.
Station 27+24.44; thence South 50o 12’ 02” East, 92.69 feet to a point 40.00 feet right of US41 Nashville Rd. station 28+17.13;
thence South 41o 26’ 45” East, 164.26 feet to a point 65.00 feet right of US41 Nashville Rd station 29+79.48; thence South
39o 48’ 06” West, 14.32 feet to a point 79.32 feet right of US41 Nashville Rd. station 29+79.48; thence North 48o 17’
29” West, 214.77 feet to a point 72.16 feet right of US41 Nashville Rd. station 27+64.83; North 11o 40’ 29” West, 51.63
feet to the point of beginning, containing .146 acres (6,345 sq. ft.), more or less.

 

Source of Title:

 

Being the same property acquired by MetoKote Corporation, an
Ohio corporation, by General Warranty Deed of Conveyance dated June 30, 2000, of record in Deed Book 569, Page 318, in the Office of the
Clerk of Christian County, Kentucky.

 

TOGETHER with the right to use, for ingress and egress,
the 50 foot, non-exclusive access easement as set out in Easement dated February 7, 1995, of record in Misc. Book 40, Page 721, state
out in Deed Book 568, Page 313, and as shown as proposed 50 foot right of way on Plat recorded in Plat Cabinet 5, Page 273, all in the
office aforesaid.

 

REAL PROPERTY OPTION TO
PURCHASE CONTRACT

 

     

     

    

 

EXHIBIT B

 

	August 2022	Inv. 082047	$10,249.00

 

 

 

 

 

REAL PROPERTY OPTION TO
PURCHASE CONTRACTExhibit
10.1

 

SHINECO,
INC.

 

Room3310, North Tower, Zhengda Center,

No. 20, Jinhe East Road, Chaoyang District, Beijing

People’s Republic of China 100020

 

August
17, 2022

 

	Re:	Director
    Offer Letter for a Director

 

Dear
Mr. Aamir Ali Quraishi,

 

Shineco,
Inc., a Delaware corporation (the “ Company”) , is pleased to offer you a position as member of its board of directors
(the “ Board”) . We believe your background and experience will be a significant asset to the Company and we look
forward to your participation on the Board. Should you choose to accept this position as a member of the Board, this letter agreement
(this “Agreement”) shall constitute an agreement between you and the Company and contains all the terms and conditions
relating to the services you agree to provide to the Company.

 

1.
Term. This Agreement is effective upon your acceptance and signature below. Subject to the provisions in Section 8 below,
your term shall continue until your successor is duly elected and qualified. The position shall be up for re- election each year at the
annual shareholder’s meeting, and upon re- election, the terms and provisions of this Agreement shall remain in full force and
effect.

 

2.
Services. You shall render services as a director of the Board and the Board committee(s) set forth on Schedule
A attached hereto ( hereinafter your “Duties”). During the term of this Agreement, you shall attend and
participate in such number of meetings of the Board and of the Board committee(s) of which you are a member as regularly or specially
called. You may attend and participate at each such meeting via teleconference, video conference, or in person. You shall consult with
the other members of the Board and Board committee(s) as necessary via telephone, electronic mail, or other forms of correspondence.

 

3.
Compensation.
As compensation for your services to the Company, you will receive compensation as
set forth on Schedule B attached hereto (hereinafter,
the “ Compensation”) for serving on the Board during your term as a director.
You shall be reimbursed for reasonable and approved expenses incurred by you in connection with the performance of your Duties.

 

4.
No Assignment.
Because of the personal nature of the services to be rendered by you, this Agreement
may not be assigned by you without the prior written consent of the Company.

 

5.
Confidential Information; Non- Disclosure. In consideration of your access to certain Confidential Information (as defined
below) of the Company, in connection with your business relationship with the Company, you hereby represent and agree as follows:

 

a.
Definition. For purposes of this Agreement the term “Confidential Information” means:

 

i.
Any information which the Company possesses that has been created, discovered,
or developed by or for the Company, and which has or could have commercial value or
utility in the business in which the Company is engaged; or

 

ii.
Any information which is related to the business of the Company and is generally not known by non-
Company personnel.

 

iii.
Confidential Information includes, without limitation,
trade secrets and any information concerning services provided by the Company, concepts,
ideas, improvements, techniques,
methods, research, data,
know- how, software,
formats, marketing plans, and analyses,
business plans and analyses, strategies, forecasts,
customer and supplier identities, characteristics and agreements.

 

b.
Exclusions. Notwithstanding the foregoing,
the term “Confidential Information”
shall not include:

 

i. Any information which becomes generally available to the public other than as a result of a breach of the confidentiality portions
of this Agreement, or any other agreement requiring confidentiality between the Company and you;

 

    	1

     

    

 

SHINECO,
INC.

 

Room3310, North Tower, Zhengda Center,

No. 20, Jinhe East Road, Chaoyang District, Beijing

People’s Republic of China 100020

 

ii. Information received from a third party in rightful possession of such information who is not restricted from disclosing such information;
and

 

iii. Information known by you prior to receipt of such information from the Company, which prior knowledge can be documented.

 

c. Documents.
You agree that, without the express written consent of the Company, you will not remove from the Company’ s premises, any notes,
formulas, programs, data, records, machines, or any other documents or items which in any manner contain or constitute Confidential Information,
nor will you make reproductions or copies of same. You shall promptly return any such documents or items, along with any reproductions
or copies, to the Company upon the earliest of Company’s demand, termination of this Agreement, or your termination or Resignation,
as defined in Section 8 herein.

 

d. Confidentiality. You
agree that you will hold in trust and confidence all Confidential Information and will not disclose to others, directly
or indirectly, any Confidential Information or anything relating to such information
without the prior written consent of the Company, except as maybe necessary in the course
of your business relationship with the Company. You further agree that you will not use
any Confidential Information without the prior written consent of the Company, except as
may be necessary in the course of your business relationship with the Company, and that
the provisions of this paragraph (d) shall
survive termination of this Agreement.

 

e.
Ownership. You agree that Company shall own all right, title, and interest ( including patent rights, copyrights, trade
secret rights, mask work rights, trademark rights, and all other intellectual and industrial property rights of any sort throughout the
world) relating to any and all inventions (whether or not patentable), works of authorship, mask works, designations, designs, know-
how, ideas, and information made or conceived or reduced to practice, in whole or in part, by you during the term of this Agreement and
that arise out of your Duties (collectively, “Inventions”) and you will promptly disclose and provide all Inventions to the
Company. You agree to assist the Company, at its expense, to further evidence, record and perfect such assignments, and to perfect, obtain,
maintain, enforce, and defend any rights assigned.

 

6.
Non- Competition. You agree and undertake that you will not, so long as you are a member of the Board and for a period
of 1 2 months following termination of this Agreement for whatever reason, directly or indirectly as owner, partner, joint venture, shareholder,
employee, broker, agent principal, corporate officer, director, licensor, or in any other capacity whatsoever, engage in, become financially
interested in, be employed by, or have any connection with any business or venture that is engaged in any activities involving services
or products which compete, directly or indirectly, with the services or products provided or proposed to be provided by the Company or
its subsidiaries or affiliates in the People’ s Republic of China and the United States; provided, however,
that you may own securities of any public corporation which is engaged in such business but in an amount not to exceed at any one time,
one percent of any class of stock or securities of such company, so long as you has no active role in the publicly owned company as director,
employee, consultant, or otherwise.

 

7.
Non- Solicitation. So long as you are a member of the Board and for a period of 12 months thereafter, you shall not directly
or indirectly solicit for employment any individual who was an employee of the Company during your tenure.

 

8.
Termination and Resignation. Your membership on the Board may be terminated, with or without cause, by the holders of a
majority of the Company’s shares of common stock entitled to vote at an election of directors. Your membership on the Board or
on any Board committee(s) shall be terminated if you become of unsound mind or are prohibited by law from being so. You may also terminate
your membership on the Board or on any Board committee(s) for any or no reason by delivering your written notice of resignation to the
Company (“Resignation”), and such Resignation shall be effective upon the time specified therein or, if no time is
specified, upon receipt of the notice of Resignation by the Company. Upon the effective date of the termination or Resignation, your
right to compensation hereunder will be subject to the Company’s obligations to pay you any compensation (including the vested
portion of the Shares) that you have already earned and to reimburse you for approved expenses already incurred in connection with your
performance of your Duties as of the effective date of such termination or Resignation. Any Shares that have not vested as of the effective
date of such termination or Resignation shall be forfeited and cancelled.

 

    	2

     

    

 

SHINECO,
INC.

 

Room3310, North Tower, Zhengda Center,

No. 20, Jinhe East Road, Chaoyang District, Beijing

People’s Republic of China 100020

 

9.
Governing Law. All questions with respect to the construction and/ or enforcement of this Agreement, and the rights and
obligations of the parties hereunder, shall be determined in accordance with the Chinese laws without regard to conflict of laws provisions
therein.

 

10.
Entire Agreement; Amendment; Waiver; Counterparts. This Agreement expresses the entire understanding with respect to the
subject matter hereof and supersedes and terminates any prior oral or written agreements with respect to the subject matter hereof. Any
term of this Agreement may be amended and observance of any term of this Agreement may be waived only with the written consent of the
parties hereto. Waiver of any term or condition of this Agreement by any party shall not be construed as a waiver of any subsequent breach
or failure of the same term or condition or waiver of any other term or condition of this Agreement. The failure of any party at any
time to require performance by any other party of any provision of this Agreement shall not affect the right of any such party to require
future performance of such provision or any other provision of this Agreement. This Agreement may be executed in separate counterparts
each of which will be an original and all of which taken together will constitute one and the same agreement, and may be executed using
facsimiles of signatures, and a facsimile of a signature shall be deemed to be the same, and equally enforceable, as an original of such
signature.

 

11.
Indemnification. The Company shall, to the maximum extent provided under applicable law, indemnify and hold you harmless
from and against any expenses, including reasonable attorney’ s fees, judgments, fines, settlements, and other legally permissible
amounts (“Losses”) , incurred in connection with any proceeding arising out of, or related to, your performance of
your Duties, other than any such Losses incurred as a result of your negligence, fraud, or willful misconduct. The Company shall advance
to you any expenses, including reasonable attorneys’ fees and costs of settlement, incurred in defending any such proceeding to
the maximum extent permitted by applicable law. Such costs and expenses incurred by you in defense of any such proceeding shall be paid
by the Company in advance of the final disposition of such proceeding promptly upon receipt by the Company of (a) written request for
payment; (b) appropriate documentation evidencing the incurrence, amount, and nature of the costs and expenses for which payment is
being sought; and (c) an undertaking adequate under applicable law made by or on your behalf to repay the amounts so advanced if it
shall ultimately be determined pursuant to any non- appealable judgment or settlement that you are not entitled to be indemnified by
the Company.

 

12.
Not an Employment Agreement. This Agreement is not an employment agreement, and shall not be construed or interpreted to
create any right for you to continue employment with the Company.

 

13.
Acknowledgement. You accept this Agreement subject to all the terms and provisions of this Agreement. You agree to accept
as binding, conclusive, and final all decisions or interpretations of the Board of the Company of any questions arising under this Agreement.

 

[Signature Page Follows]

 

    	3

     

    

 

SHINECO,
INC.

 

Room3310, North Tower, Zhengda Center,

No. 20, Jinhe East Road, Chaoyang District, Beijing

People’s Republic of China 100020

 

This Agreement has been executed and delivered by the undersigned and is made effective as of the date set first set forth above.

 

	 	 	 	Sincerely,
	 	 	 	 	 
	 	 	 	Shineco,
    Inc.
	 	 	 	 	 
	 	 	 	
	 	 	 	By:	Mike
    Zhao
	 	 	 	Title:	Chairman
    of the Board
	 	 	 	 	 
	AGREED
    AND ACCEPTED:	 	 	 
	 	 	 	 	 
		 	 	 
	By:	Aamir
    Ali Quraishi	 	 	 

 

    	4

     

    

 

SHINECO,
INC.

 

Room3310, North Tower, Zhengda Center,

No. 20, Jinhe East Road, Chaoyang District, Beijing

People’s Republic of China 100020

 

Schedule
A

 

The
director is offered to serve on the following Board committee (s)
:

 

	Committee	 	Title
	Nominating
    Committee	 	Committee
    Chairman
	Audit
    Committee	 	Member

 

    	5

     

    

 

SHINECO,
INC.

 

Room3310, North Tower, Zhengda Center,

No. 20, Jinhe East Road, Chaoyang District, Beijing

People’s Republic of China 100020

 

Schedule B

Compensation

 

During your term as a member of the Board, you will receive cash compensation in the amount of US$10,000
per year, which shall be paid to you monthly in arrears.

 

    	6

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