Document:

Exhibit
10.1

 

Lock-Up
Agreement

 

April
6, 2017

 

ViewTrade
Securities, Inc. 

7280
W. Palmetto Park Road Suite 105

Boca
Raton, Florida 33433

 

As
Representative of the Underwriters

named
on Annex A to the Underwriting Agreement

 

Dear
Sirs:

 

As
an inducement to the underwriters, for which ViewTrade Securities, Inc. is acting as representative (the “Representative”),
to execute an underwriting agreement (the “Underwriting Agreement”) providing for a public offering (the “Offering”)
of common shares (the “Common Shares”), of Newater Technology, Inc. and any successor (by merger or otherwise)
thereto (the “Company”), the undersigned hereby agrees that without, in each case, the prior written consent
of the Representative during the period specified in the second succeeding paragraph (the “Lock-Up Period”),
the undersigned will not: (1) offer, pledge, announce the intention to sell, sell, contract to sell, sell any option or contract
to purchase, purchase any option or contract to sell, grant any option, right or warrant to purchase, make any short sale or otherwise
transfer or dispose of, directly or indirectly, any Common Shares or any securities convertible into, exercisable or exchangeable
for or that represent the right to receive Common Shares (including Common Shares which may be deemed to be beneficially owned
by the undersigned in accordance with the rules and regulations of the Securities and Exchange Commission and securities which
may be issued upon exercise of a stock option or warrant) whether now owned or hereafter acquired (the “Undersigned’s
Securities”); (2) enter into any swap or other agreement that transfers, in whole or in part, any of the economic consequences
of ownership of the Undersigned’s Securities, whether any such transaction described in clause (1) or (2) above is to be
settled by delivery of Common Shares or such other securities, in cash or otherwise; (3) make any demand for or exercise any right
with respect to, the registration of any Common Shares or any security convertible into or exercisable or exchangeable for Common
Shares; or (4) publicly disclose the intention to do any of the foregoing.

 

The
undersigned agrees that the foregoing restrictions preclude the undersigned from engaging in any hedging or other transaction
which is designed to or which reasonably could be expected to lead to or result in a sale or disposition of the Undersigned’s
Securities even if such Securities would be disposed of by someone other than the undersigned. Such prohibited hedging or other
transactions would include any short sale or any purchase, sale or grant of any right (including any put or call option) with
respect to any of the Undersigned’s Securities or with respect to any security that includes, relates to, or derives any
significant part of its value from such Securities.

 

The
Lock-Up Period will commence on the date of this Agreement and continue and include the date 180 days after the date of the final
prospectus used to sell Common Shares in the Offering pursuant to the Underwriting Agreement, to which you are or expect to become
parties.

 

If
the undersigned is an officer or director of the Company, (i) the Underwriting Agreement agrees that, at least three Business
Days before the effective date of any release or waiver of the foregoing restrictions in connection with a transfer of shares
of Common Shares, the Representative will notify the Company of the impending release or waiver, and (ii) the Company has agreed
in the Underwriting Agreement to announce the impending release or waiver by issuing a press release through a major news service
at least two Business Days before the effective date of the release or waiver. Any release or waiver granted by the Representative
hereunder to any such officer or director shall only be effective two Business Days after the publication date of such press release.
The provisions of this paragraph will not apply if both (a) the release or waiver is effected solely to permit a transfer not
for consideration, and (b) the transferee has agreed in writing to be bound by the same terms described in this letter that are
applicable to the transferor, to the extent and for the duration that such terms remain in effect at the time of the transfer.

 

     

     

    

 

Notwithstanding
the foregoing, the undersigned may transfer the Undersigned’s Securities (i) as a bona fide gift or gifts, (ii) to any trust
for the direct or indirect benefit of the undersigned or the immediate family of the undersigned, (iii) if the undersigned is
a corporation, partnership, limited liability company, trust or other business entity (1) transfers to another corporation, partnership,
limited liability company, trust or other business entity that is a direct or indirect affiliate (as defined in Rule 405 promulgated
under the Securities Act of 1933, as amended) of the undersigned or (2) distributions of Common Shares or any security convertible
into or exercisable for Common Shares to limited partners, limited liability company members or stockholders of the undersigned,
(iv) if the undersigned is a trust, transfers to the beneficiary of such trust, (v) transfers by testate succession or intestate
succession or (vi) pursuant to the Underwriting Agreement; provided, in the case of clauses (i)-(v), that (x) such transfer shall
not involve a disposition for value, (y) the transferee agrees in writing with the Representative to be bound by the terms of
this Lock-Up Agreement, and (z) no filing by any party under Section 16(a) of the Securities Exchange Act of 1934, as amended
(the “Exchange Act”), shall be required or shall be made voluntarily in connection with such transfer. For
purposes of this Agreement, “immediate family” shall mean any relationship by blood, marriage or adoption, nor more
remote than first cousin.

 

In
furtherance of the foregoing, the Company and its transfer agent and registrar are hereby authorized to decline to make any transfer
of Common Shares if such transfer would constitute a violation or breach of this Agreement.

 

The
undersigned hereby represents and warrants that the undersigned has full power and authority to enter into this Agreement and
that upon request, the undersigned will execute and additional documents necessary to ensure the validity or enforcement of this
Agreement. All authority herein conferred or agreed to be conferred and any obligations of the undersigned shall be binding upon
the successors, assigns, heirs or personal representatives of the undersigned.

 

The
undersigned understands that the undersigned shall be released from all obligations under this Agreement if (i) the Company
notifies the Representative that it does not intend to proceed with the Offering, (ii) the Underwriting Agreement does not
become effective, or if the Underwriting Agreement (other than the provisions thereof which survive termination) shall terminate
or be terminated prior to payment for and delivery of the Common Shares to be sold thereunder, or (iii) the Offering is not
completed by August 30, 2017.

 

The
undersigned understands that the underwriters named in the Underwriting Agreement are entering into the Underwriting Agreement
and proceeding with the Offering in reliance upon this Agreement.

 

[signature
page follows]

 

     

     

    

 

This
Agreement shall be governed by, and construed in accordance with, the laws of the State of New York.

 

	 	Very
    truly yours,
	 	 
	 	 
	 	Printed
    Name of Holder

 

	 	By:	 
	 	 	Signature

 

	 	 
	 	Printed
    Name of Person Signing

 (and indicate capacity of person signing if signing as custodian, trustee, or on behalf of an entity)

 

     

     

    

 

Exhibit
B

 

Form
of Company Press Release for Waivers or Releases

of
Officer/Director Lock-Up Agreements

 

Newater
Technology, Inc.

[ADDRESS]

 

[Date]

 

Newater
Technology, Inc. (the “Company”) announced today that ViewTrade Securities, Inc., the sole Underwriters, is [waiving]
[releasing] [a] lock-up restriction[s] with respect to an aggregate of **[# of common shares] held by certain
[officers] [directors] of the Company. These [officers] [directors] entered into lock-up agreements with ViewTrade
in connection with the Company’s initial public offering. 

 

This
[waiver] [release] will take effect on **[date that is at least 2 business days following date of this press release].

 

This
press release is not an offer for sale of the securities in the United States or in any other jurisdiction where such offer is
prohibited, and such securities may not be offered or sold in the United States absent registration or an exemption from registration
under the United States Securities Act of 1933, as amended.Exhibit 10.2

 

Employment
Contract – Yuebiao Li 

 

BETWEEN:  Yantai
Jinzheng Enivonmental Technology Co., Ltd., a company legally incorporated under the laws of People’s Republic of China,
having a mailing address at No.1366, Zhongtianmen Street, High-tech Zone, Tai’an City, acting and represented herein
by Mr. Yuebiao Li, Legal Representative, declaring duly authorized, (hereinafter called the "COMPANY")

 

AND:   Yuebiao
Li, residing at Taiwan Village, Yantai City, (hereinafter called the “EMPLOYEE ")

 

(COMPANY
and EMPLOYEE hereinafter collectively called “Parties”)

 

WHEREAS:

COMPANY
requires the services of EMPLOYEE as Chief Executive Officer (CEO);

 

EMPLOYEE
agreed to provide COMPANY his full-time services as CEO;

 

the
Parties wish to confirm their agreement in writing;

 

the
Parties have the capacity and quality of exercise all the rights necessary for the conclusion and implementation of the agreement
found in this Contract;

 

THEREFORE
THE FOREGOING, THE PARTIES AGREE AS FOLLOWS:

 

1.
Employment

 

EMPLOYEE
agrees to assume full-time for COMPANY (minimum of forty (40) hours per week) the role of CEO during the entire duration of the
Contract;

 

2.
Term

 

This
Contract is for an initial term of 54 months, namely from July 5, 2012 to December 31, 2016, renewable for
an additional period of 6 months unless either party terminates it in writing at least thirty (30) days before the
expiration of the initial term;

 

3.
Responsibilities

 

EMPLOYEE
agrees and undertakes to COMPANY to the following: The services must be made full time in a professional manner, according to
the rules generally accepted by industry.

 

    	 	1	 

     

    

 

3.1
Shall be subject to regulatory oversight of the Board, in representation of the COMPANY and take overall responsibility for the
operational management and financial management of the COMPANY, to ensure the safety of operation, effective management and the
preservation and appreciation of assets.

 

3.2
Shall be strictly compliance with laws, regulations and financial and accounting system, drafting plans on the establishment of
the COMPANY’s internal management departments and basic management system of the COMPANY.

 

3.3
Unless agreed by the Board, shall not make change to the legal representative, company name, business scope of the company.

 

3.4
Unless agreed by the Board, shall not dispose the property of the COMPANY, including but not limited to transfer, selling off,
mortgaging, pledge, leasing or giving out.

 

3.5
If the COMPANY needs to ask for a loan, consent of the Board shall be made.

 

3.6
Shall not provide external guarantee in the name of the COMPANY.

 

3.7
Shall regularly submit factual financial reports to the Board.

 

3.8
Deciding on the hiring or dismissing of the persons-in-charge other than those who shall be decided by the Board.

 

3.9
Performing other responsibility granted by the articles of association or the Board.

 

4.
CONSIDERATION

 

4.1
Service Awards

 

In
consideration of the provision of services, COMPANY to pay EMPLOYEE, as compensation;

 

The
gross amount of RMB216,720 annually calculated at the rate of twelve (12) equal monthly installments consecutively
of RMB18,060 each.

   

4.2
Expenditure incurred

 

COMPANY
will reimburse EMPLOYEE all reasonable expenses incurred in connection with this Contract, upon presentation of appropriate documentation.
The date of reimburse EMPLOYEE shall be the 20th of each month.

 

    	 	2	 

     

    

 

4.3
Bonus

 

Executive
will be eligible to receive an annual bonus based on annual profit of COMPANY, according to the resolution of board of directors.
The board of directors shall have the sole discretion to determine the amount of any such bonus.

 

5.
Commitment to confidentiality and nondisclosure

 

EMPLOYEE
recognizes that certain disclosures to be provided by COMPANY have or may have considerable strategic importance, and therefore
represent trade secrets for purposes of this Contract. During the term of this Contract and for a period of 36 months following
the end of it, EMPLOYEE is committed to COMPANY to:

 

a)
keep confidential and not disclose the information;

 

b)
take and implement all appropriate measures to protect the confidentiality of the information;

 

c)
not disclose, transmit, exploit or otherwise use for its own account or for others, elements of information;

 

6.
Exclusivity of service provider

 

During
the term of this Contract and for a period of 24 months following the end of it, EMPLOYEE is committed to COMPANY not render
services to or for direct or indirect competitors of COMPANY.

 

7.
Termination of Contract

 

Either
party may terminate this Contract at any time, upon presentation of a sixty (60) days notice given to the other party.

 

8.
GENERAL PROVISIONS

 

Unless
specific provision to the contrary in this Contract, the following provisions apply.

 

8.1
Force Majeure

 

Neither
party can be considered in default under this Contract if the performance of its obligations in whole or in part is delayed or
prevented by following a force majeure situation. Force majeure is an external event, unforeseeable, irresistible and it absolutely
impossible to fulfill an obligation.

 

    	 	3	 

     

    

 

8.2
Severability

 

The
possible illegality or invalidity of an article, a paragraph or provision (or part of an article, a paragraph or provision) does
not in any way affect the legality of other items, paragraphs or provisions of this Contract, nor the rest of this article, this
paragraph or provision unless a contrary intention is evident in the text.

 

8.3
Notices

 

Any
notice to a party is deemed to have been validly given if in writing and sent by registered or certified mail, by bailiff or by
courier to such party at the address listed at the beginning of this Contract or any other address that the party may indicate
a similar notice to another party. A copy of any notice sent by mail must be sent by one mode of delivery mentioned above.

 

8.4
No Waiver

 

The
inertia, neglect or delay by any party to exercise any right or remedy under this Contract shall in no way be construed as a waiver
of such right or remedy.

 

8.5
Contract Amendment

 

This
Contract may be amended only by a writing signed by all Parties.

  

9.
Applicable Laws and Election of domicile

 

This
Contract is subject to the laws of the People’s Republic of China. 

 

The
Parties agree to elect domicile in the judicial district of Taian City, Shandong Province, China, and chose it as the appropriate
district to hear any claim arising from the interpretation, application, and performance, the entry into force, validity and effect
of this Contract.

 

10.
Currencies

 

All
sums of money under this Contract refer to Chinese currency.

 

11.
Effectiveness and Copies

 

This
Contract will come into force upon signature and seal by both Parities. This Contract is made in duplicate and both are of equally
binding force. The COMPANY and the EMPLOYEE each holds one copy.

  

IN
THE CITY OF YANTAI, SHANDONG PROVINCE, 

 

Yantai
Jinzheng Environmental Technology Co., Ltd.

(Seal) 

 

	/s/
    Yuebiao Li	 
	(Signature)	 

 

 

4

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