Document:

Exhibit 10.9

 

Working Capital Loan Contract

 

No.: [*]

 

Party A (Borrower): Xinjiang United Family
Trading Co., Ltd.

Residence: No.26 Wenhua Road, Tianshan District,
Urumqi

	
        Postal Code: 830000

        Tel.: [*]

        Basic Account Opening Bank: Urumqi
        Renmin Road

        Sub-branch of China Construction Bank
	
        Legal Representative: Baolin Wang

        Fax: None

        Account No.: [*]

 

Party B (Lender): Urumqi Youhao Road Sub-Branch
of Huaxia Bank Co., Ltd.

Residence: No.654 Youhao North Road Shayibake
District Urumqi

Postal Code: 830000

Legal Representative/Principal: Li Meng

	Tel.: [*]	Fax: None

 

In accordance with the relevant laws and
regulations of the People’s Republic of China, and on the basis of abiding by the principle of fairness, this contract is
concluded through consultation between the two parties.

 

Article I Type of Loan

 

1.1 The loan under this contract is working
capital loan.

 

Article II Loan Amount and Currency

 

2.1 Loan currency under this contract is RMB.

 

2.2 The loan amount under this contract is (in words)
Ten Million Yuan Only.

 

Article III Purpose of Loan

 

3.1 Loans under this contract shall only
be used for the purposes stated in the Application for Withdrawal Loans from Working Capital Loan (hereinafter referred
to as the “Application for Withdrawal”, see attachment for the format) approved by Party B, without the written consent
of Party B, Party A shall not change the purpose of the loan.

 

Article IV Period of Loan

 

4.1 The term of the loan under this contract is
one year, from May 31, 2021 to May 31, 2022.

 

4.2 Party A chooses the following method
to withdraw the loan hereunder:

 

R
Make one-time withdrawal on May 31, 2021. Party A shall issue a request
for withdrawal to Party B at least one working day before the agreed withdrawal date, and the withdrawal can be made only after
Party B’s approval.

 

    	 	 	 

     

    

 

☒
Withdrawal during the withdrawal period stated below:

 

The withdrawal period shall be from the
date of signing this contract to                                 , all withdrawals shall be made within the withdrawal period. Party A shall issue an application
for withdrawal to Party B at least three working days before the planned withdrawal date, and the withdrawal can be made only after
Party B’s approval.

 

Before each planned withdrawal by Party
A, all the withdrawal conditions stipulated in Article 6 of this contract shall be satisfied, otherwise Party B shall not be obliged
to provide any loans to Party A.

 

4.3 Party A chooses the following method
to repay the loan principal hereunder:

 

R
Make one-time repayment of the principal on May 31, 2022.

 

☒ Repay
the principal in installments according to the following order, time and amount.

 

On ___day ___ month  ___year, Amount (in words) none;

 

On  ___day  ___month ___ year, Amount (in words) none;

 

On  ___day  ___month  ___year, Amount (in words) none;

 

On  ___day  ___month  ___year, Amount (in words) none;

 

On  ___day ___ month ___ year, Amount (in words) none;

 

None

 

 

☒ Repayment
shall be made on the due date specified in the withdrawal application approved by Party B.

 

4.4 If the loan withdrawal date and maturity
date recorded in the loan certificate under this contract are inconsistent with the above agreed withdrawal application, the time
recorded in the loan certificate under this contract shall prevail. The Application for Withdrawal, the loan certificate and other
documents affirmed by both parties as appendixes to this contract form an integral part of this contract and have the same legal
effect as this contract.

 

Article V Interest Rate of Loan

 

5.1 The loan interest rate under this contract
shall be determined in the following way:

 

5.1.1
The loan interest rate is set as a (þfixed/☒floating)
interest rate.

 

5.1.2
Fixed interest rate, the interest rate remains unchanged during the life of the contract. The source of the fixed interest rate
is the one-year Loan Prime Rate (LPR) (þplus/☒minus)
169 prime points (one prime point is 0.01%) published by the national interbank lending center one working day before (þfirst
withdrawal date / ☒ date
of each withdrawal). The specific interest rate shall be in accordance with Party B’s loan certificate. 

 

5.1.3
Floating interest rate, the interest rate for each loan is set at the base rate (þplus/☒minus)
a floating range, among them, the benchmark interest rate is the     /      (year/month)
Loan Prime Rate (LPR) published by the national interbank lending center one working day before     /   
  the (withdrawal date for each loan /effective date of the contract), the floating range is     /   
  (up/down/zero)     /      % or     /   
  (plus/minus/zero)      /      prime points (one prime point is 0.01%).

 

5.1.4 If the loan interest rate is the
floating interest rate, after each loan withdrawal, if the Loan Prime Rate changes, the loan interest rate shall be adjusted in
the following manner:

 

☒
If interest is settled and the rate is adjusted monthly, the adjusted
loan interest rate becomes effective on the next day of the first interest settlement date after the Loan Prime Rate readjusts;

 

☒
If the interest is settled and the rate is adjusted quarterly, the adjusted
loan interest rate becomes effective on the next day of the first interest settlement date after the Loan Prime Rate readjusts;

 

☒
If the interest is settled and the rate is adjusted annually, the adjusted
contract loan interest rate:

 

☒
becomes effective on the next day after the first interest settlement
date of the following year;

 

☒
becomes effective on the next day after the first interest settlement
date one year after the loan starts

 

☒
Others: No content here, adding content
is invalid.

 

    	 	2	 

     

    

 

5.1.5 When adjusted according to 5.1.4
above, the adjusted loan interest rate shall be calculated according to the periodical Loan Prime Rate under 5.1.3 on the prior
business day of the corresponding interest settlement date, plus or minus the base rate.

 

5.2 The loan under this contract is charged
interest from the actual withdrawal date, the formula for calculating interest is as follows: Interest = Actual loan balance ×
Actual days of interest-bearing period × Annual interest rate/360 (days).

 

5.3 The interest rate of the loan under
this contract shall be chosen in one of the following ways:

 

þ
Monthly interest settlement, the date of interest payment is 20th
of the month, the last interest payment date is the expiration date of the contract:

 

☒
Quarterly interest settlement, the date of interest payment is 20th
at the end of each quarter, the last interest payment date is the expiration date of the contract:

 

☒
Pay off the principal and interest in one lump sum, the interest shall
be paid off in one lump sum on the principal due date;

 

☒
Others: No content here, adding content
is invalid.

  

5.4 If the contract loan interest rate
changes, the penalty interest rate under this contract will automatically change accordingly, and it will be applicable at the
same time as the contract loan interest rate, segment calculation.

 

5.5 Party B does not need to obtain the
consent of Party A for the adjustment made in accordance with the above provisions.

 

5.6 If the national interbank lending center
cancels (or no longer publishes) the lending base rate for the loans issued under this contract, the lender has the right to directly
change the borrowing interest rate pricing benchmark according to the corresponding national interest rate policy, and in accordance
with the principle of fairness and integrity, according to the redetermination of borrowing interest rates. Before making the above
adjustment, the lender shall notify the borrower at a reasonable time in advance, and the notice shall be made by SMS, branches
announcement or any other method considered reasonable by the lender. If the borrower does not accept the change of the benchmark
interest rate, it may prepay, otherwise, it shall be deemed that the borrower accepts the change and adjustment of the benchmark
interest rate.

 

Article VI Conditions of Withdrawal

 

6.1 When withdrawing the money, Party A
must meet the following preconditions:

 

6.1.1 Party A has completed the administrative
licensing, approval, registration and other legal procedures related to loans under this contract in accordance with relevant laws,
regulations and rules;

 

6.1.2 Party A has submitted relevant documents
that meet Party B’s requirements;

 

6.1.3 Guarantee under this contract has
completed the procedures agreed upon by both parties and has entered into force/Mortgage has been established/Pledge has been established;

 

6.1.4 Party A does not have any breach
of contract;

 

6.1.5 Up to the time of withdrawal, the
statements and guarantees made by Party A in this contract are still true, accurate and valid;

 

6.1.6 Up to the time of withdrawal, Party
A’s operating and financial conditions are basically the same as those at the time of signing this contract, without any
significant adverse changes.

 

6.2 After satisfying the above conditions,
Party A shall go through the withdrawal formalities at Party B as stipulated in this contract and sign the loan certificate with
Party B. The loan certificate is an integral part of this contract and has the same effect as this contract.

 

6.3 If Party A fails to meet the withdrawal
conditions, the loan does not constitute a performance defect of Party B, nor does it indicate that Party B abandons the requirement
of Party A to meet the above withdrawal conditions, Party A shall submit relevant information to Party B immediately upon meeting
the withdrawal conditions.

 

6.4 Even if Party A meets the withdrawal
conditions, in any case, Party B has the right to terminate or suspend all or part of the loan at any time without prior notice
to Party A, qt this time, it does not constitute a default defect of Party B.

 

    	 	3	 

     

    

 

Article VII Issuance and Payment of Loan
Capital 

 

7.1 Loans under this contract shall be
issued and paid in the following manner:

 

☒
Party A’s independent payment method.

 

þ
Party B’s method of entrusted payment.

 

☒ If
the payment object has been determined and the single payment fee does not reach RMB     /    
Yuan (or equivalent foreign currency), Party A shall pay the payment independently: the payment object has been determined
and the single payment amount reaches or exceeds     /      RMB yuan (or
foreign currency equivalent). Adopt entrusted payment by Party B. If the payment object is not determined, Party A shall make
the payment independently.

 

7.2 Adopt payment by Party A independently,
Party B shall examine and verify the Application for Withdrawal Loans from Working Capital Loan (applicable to independent
payment) with Party A’s official seal, after consent, the loan fund shall be issued to Party A’s account, and then
Party A shall independently pay to the counterparty who meets the agreed purpose in accordance with the agreed manner.

 

7.3 If adopt entrusted payment by Party
B, according to the agreed purpose of the loan, Party B shall examine whether the information provided by Party A concerning the
object of payment and the amount of payment listed in the application for payment is in conformity with the corresponding business
contract and other supporting materials, after examination and approval, the Application for Withdrawal Loans from Working Capital
Loan (applicable to entrusted payment) with Party A’s official seal and the expression of the intention of entrusted
payment therein shall be followed, Party B shall issue the loan funds to Party A’s account and pay directly to Party A’s
counterparty who meets the agreed purpose.

 

7.4 If the payment is made independently
by Party A, Party A shall summarize and report the payment of loan capital to Party B every /     months, and Party B shall
have the right to check whether the loan payment conforms to the agreed purpose at any time by means of account analysis, voucher
verification and on-site investigation.

 

7.5 If the payment is made independently
by Party A, if the single payment amount of Party A reaches the entrusted payment standard of Party B, Party A shall apply to Party
B for changing the payment method, and the external payment shall be made only after the approval of Party B.

 

7.6 If Party B is entrusted to pay,
Party A shall provide relevant information such as counterparty information, borrowing materials and so on according to Party B’s
requirements, Party B shall not be liable for the failure of the entrusted payment due to the untruthfulness, inaccuracy, incompleteness
and invalidity of the information provided by Party A.

 

7.7 The loan funds shall not be paid to
Party A’s brokerage company in the capital market or to its counterpart who is related to Party A and does not conform to
the purpose of the loan.

 

Article VIII After-Loan Capital Monitoring

 

8.1 Party A shall designate a special fund
withdrawal account (account number: [*]) in Party B, or a special fund withdrawal account (account number: no content
here). If the fund withdrawal account is another bank account, the statement shall be provided every no content here
months.

 

8.2 Party B shall have the right to monitor
the withdrawal account of the above-mentioned capital, Party A shall provide Party B with the entry and exit of the capital in
the account in time.

 

8.3 Party B shall have the right to negotiate
with Party A to sign another account management agreement according to Party A’s credit status and financing situation, and
to clearly agree on the management of the withdrawal of capital from designated accounts.

 

    	 	4	 

     

    

 

Article IX Repayment of Loan

 

9.1 Party A’s source of repayment
includes but is not limited to its operating income, Party A undertakes not to use the aforementioned agreement to refuse
to perform its repayment obligations under this contract under any circumstances, and no matter Party A has any agreement on the
source of repayment funds of Party A in any other contract as a party, this agreement cannot affect the performance of Party A’s
repayment obligations under this contract.

 

9.2 Party A shall deposit the repayable
amount (interest, principal) in full in the account opened by Party B before the termination of Party B’s business hours on the
repayment date (interest date, repayment date), and Party B shall have the right to draw directly from its account. In case of
a statutory holiday, it shall be extended to the first working day after the end of the statutory holiday.

 

9.3 Party B shall have the right to directly
remit the amount payable by Party A from the accounts opened by Party A in all the business institutions of Huaxia Bank Co., Ltd.
When the currencies remitted for receipt are different from those under this contract, they shall be converted to the foreign exchange
license price announced by Party B on the date of remittance.

 

9.4 If Party A has several due debts with Party
B, and Party A’s payment is not sufficient to pay off all the due debts, the order in which Party A’s payment will be settled
shall be determined by Party B.

 

9.5 Payments made by Party A (including the amount received by
Party B in accordance with this contract) shall be settled in the following order: expenses, damages, liquidated damages, compound
interest, overdue interest and penalty interest, interest and principal for the realization of creditor’s rights and security
rights, Party B shall have the right to change the above order.

 

9.6 Party A shall submit a written application
to Party B ten working days in advance for the advance repayment, with the written consent of Party B, and collect interest according
to the loan interest rate and actual days of use stipulated in this contract.

 

9.7 If Party A fails to perform its debts to Party
B, and a third party performs the debts on its behalf, Party B’s consent is required. If a third party performs the performance
on behalf of the party without the consent of Party B, Party A cannot be exempted from responsibility.

 

Article X Loan Guarantee

 

10.1
Where the loan under this contract is a guaranteed loan, the guaranteed method shall be: þGuarantee
☒Mortgage
☒Pledge ☒
        /       .

 

The guarantee contract shall be signed
separately by the guarantor and Party B.

 

10.2 If the loan guarantee under this contract
is the maximum amount guarantee, the corresponding maximum amount guarantee contract shall be:

 

☒
Maximum Guarantee Contract signed by guarantor no content here
and Party B (No.: no content here);

 

☒
Maximum Guarantee Contract signed by mortgager no content here
and Party B (No.: no content here);

 

☒
Maximum Guarantee Contract signed by pledgor no content here
and Party B (No.: no content here);

 

☒
No content here.

 

Article XI Financial Agreement

 

During the term of this contract, Party A
shall abide by the following financial indicators:

 

No content here and the addition clause
is invalid

 

Article XII Party A’s Statement
and Warranties

 

Party A hereby states and warrants to Party
B as follows:

 

12.1 Party A is a legitimate unit registered
and validly existing according to law, it shall have the right to dispose of the property it operates and manages, to conduct business
related to the purpose of the loan under this contract, and to sign and perform this contract.

 

12.2 The signing of this contract by Party
A has been legally approved by the superior competent authority or the board of directors of the company and other competent bodies,
and has obtained all necessary authorization.

 

    	 	5	 

     

    

 

12.3 Party A shall sign and perform this
contract without violating any provisions or agreements binding on Party A and its assets, and without violating any guarantee
agreement, other agreements and any other documents, agreements and commitments binding on Party A.

 

12.4 Party A guarantees to provide complete
documents and materials as required by Party B and to ensure that the documents and materials provided are authentic, accurate,
complete, legal and effective.

 

12.5 All the behaviors and performances
of Party A related to environmental and social risks meet the requirements of laws and regulations, and there are no major litigation
cases involving environmental and social risks.

 

12.6 Party A hereby irrevocably promises that
Party B can report Party A’s breach of contract and untrustworthy information to credit reporting agencies and banking associations
when it violates the obligations stipulated in this contract. Party A also authorizes relevant banking associations to share Party A’s
untrustworthy information among banking financial institutions and even publicize it to the public through appropriate methods.

 

Party A voluntarily accepts Party B and other banking financial institutions
to jointly take measures to reduce or stop credit granting, stop opening new settlement accounts, and stop new credit cards on behalf
of the representative.

 

Article XIII Party A’s Rights and
Obligations

 

13.1 Party B shall open settlement accounts
in Party B or its designated institutions as required by Party B, and accept Party B’s supervision over such accounts in
accordance with the relevant provisions of this contract.

 

13.2 Loans shall be used for the purposes
stipulated in this contract, it shall not be used for investment in fixed assets, equity, etc. or for areas and purposes where
production, production and operation are prohibited by the state.

 

13.3 Party A shall not embezzle the working
loans for other purposes, and shall provide timely, including but not limited to, pre-loan investigation, loan payment management,
after-loan management and other relevant inspection of Party B according to Party B’s requirements:

 

13.3.1 Business license, organization code
certificate, statutory representative’s identity certificate and necessary personal information, board members and principal
officials, list of financial officials, business license and tax registration certificate of qualified annual inspection by tax
department, copies of tax certificates and loan certificates (cards) of tax authorities shall be provided in accordance with Party
B’s requirements;

 

13.3.2 All account-opening banks, accounts
and deposits and loans;

 

13.3.3 Provide audited balance sheet, profit
and loss statement, shareholder equity statement, sales, cash flow statement, financial statements and notes and explanations according
to Party B’s requirements;

 

13.3.4 Production and operation plans,
statistical statements;

 

13.3.5 All external guarantees (including
any organization of Party B);

 

13.3.6 Information on all affiliated enterprises
and their affiliations and related transactions that have occurred or are about to occur that account for more than 10% of their
net assets and mutual guarantee among group customers;

 

13.3.7 The occurrence of litigation, arbitration,
administrative punishment, debt disputes with others and the criminal filing, prosecution and punishment of management personnel;

 

13.3.8 Records and information on the use
of loans under this contract.

 

13.4 The principal and interest of the
loan shall be repaid as stipulated in this contract.

 

13.5 It shall notify Party B in writing
30 days in advance includes but not limited to foreign investment, substantial increase in debt financing, contracting, leasing,
trusteeship, asset restructuring, debt restructuring, equity restricting, equity transfer, joint management, merger, division,
joint venture (cooperation), reduction of registered capital or application for business rectification, application for dissolution
(or cancellation), application for reorganization, reconciliation and bankruptcy and other business methods, own system, solvency
and legal status change, and fulfill the obligation to pay off the debts under this contract with the written consent of Party
B, or provide new guarantees approved in writing by Party B, otherwise, the above-mentioned activities shall not be carried out
until all debts under this contract have been paid off.

 

13.6 Party B shall notify Party B in writing
within three days including, but not limited to, the change of its own system and legal status, such as the announcement of closure,
closure, dissolution, application for reorganization, bankruptcy, etc., and take effective measures to protect Party B’s
creditor’s rights.

 

13.7 Party B shall notify Party B in writing
within three days of any other situation which may endanger its normal operation or the safety of Party B’s creditor’s rights,
and take effective measures to protect Party B’s creditor’s rights.

 

    	 	6	 

     

    

 

13.8 Party A shall notify Party B in writing
within seven days after Party A changes its domicile, name, legal representative or other middle and senior management personnel.

 

13.9 Before repaying the principal and
interest of Party B’s loan, Party A shall not sell specific assets, pay off other long-term debts in advance and provide
additional debt guarantee for third parties without Party B’s consent.

 

13.10 Party A shall not sign a contract
with any third party that is detrimental to Party B’s rights and interests under this contract.

 

13.11 In the case of guarantee, the guarantor
violates any obligation or declaration, guarantee and undertaking stipulated in the guarantee contract, or in case of loss of guarantee
ability, Party A shall immediately provide new guarantee approved by Party B or pay off the loan hereunder in advance.

 

13.12 Party A shall sign and receive all
kinds of notices sent by Party B or served by other means in time.

 

13.13 Party A shall strengthen environmental
and social risk management and accept and cooperate with Party B or its accredited third party for supervision and inspection.
If Party B requests, it shall timely submit environmental and social risk report to Party B.

 

Article XIV Party B’s Rights and
Obligations

 

14.1 Party B shall have the right to request
Party A to provide information relating to the loan under this contract.

 

14.2 Party B shall have the right to supervise
and inspect the use of loans under this contract, and to know Party A’s business activities, financial situation, guarantee
and disputes over creditor’s rights.

 

14.3 Party B shall have the right to require
Party A to open settlement accounts in Party B’s designated institutions and to monitor such accounts in accordance with
the relevant provisions of this contract.

 

14.4 Party B shall have the right to participate
in Party A’s large-scale financing, asset sales, mergers, separation, joint-stock reform, bankruptcy liquidation and other
activities without violating laws, regulations and regulatory provisions to safeguard its creditor’s rights.

 

14.5 In the process of loan payment, if
Party A’s credit condition drops, the profitability of its main business is poor, the loan funds are not used according to
the agreed purpose or the loan funds are not paid in accordance with the agreed way, Party B shall have the right to change the
terms and methods of loan payment, or take measures such as stopping the issuance and payment of loan funds, announcing the immediate
maturity of all loans issued and recovering the principal and interest of loans issued in advance.

 

14.6 If all the loan funds of Party A are
withdrawn in advance before the maturity of the loan, Party B shall have the right to withdraw the loan in advance according to
the withdrawal of funds of Party A.

 

14.7 Party B shall keep confidential the
information provided by Party A and the information inquired by Party B. Party B shall have the right to retain and use the information
provided by Party A and the information inquired by Party B within the time limit stipulated by laws, regulations, supervision
regulations and authorities (Party B shall have the right to destroy the information beyond the time limit mentioned above); shall
have the right to provide information in accordance with laws and regulations, regulatory provisions and compulsory orders of judicial
organs; shall have the right to disclose the information to Party B’s agents and cooperative agencies for the purpose of
fulfilling this agreement, and to obtain the confidentiality promises of the agents and cooperative agencies.

 

14.8 During the validity period of this
contract, when Party B changes its residence, it shall issue a notice of change of address in time.

 

Article XV Responsibility for Breach
of Contract

 

15.1 After the entry into force of this
contract, both parties shall fulfill their obligations under this contract, any failure or incomplete performance of the obligations
stipulated in this contract, or breach of the declarations, guarantees and commitments made by either party under this contract,
constitutes a breach of contract and shall be liable for breach of contract.

 

    	 	7	 

     

    

 

15.2 For the reasons of Party A or the
guarantor under this contract, Party A fails to complete the corresponding guaranty procedures in accordance with the contract,
or Party A fails to go to Party B for withdrawal formalities in accordance with the time stipulated in this contract, and the loan
issuance time exceeds 30 days (including statutory holidays and rest days), Party B shall have the right to cancel the contract
and recover the payment in advance.

 

15.3 If Party A fails to repay the principal
of the loan due (including early maturity) within the repayment period stipulated in this contract, it shall, from the date of
expiration, charge a penalty interest rate of 50% at the interest rate stipulated in this contract, and collect the overdue interest;
If Party A fails to pay the interest within the term of the loan, it shall collect and recover the interest according to the loan
interest rate stipulated in this contract; interest that has not been paid after the expiration of the loan shall be recovered
at the penalty interest rate stipulated in this paragraph.

 

15.4 If Party A fails to use the loan for
the purpose specified in this contract, the principal and interest of the loan shall be increased by 50% as the penalty interest
rate from the date of breach of contract, and the penalty interest and compound interest shall be calculated and collected.

 

15.5 If the loan under this contract is
overdue or used for the purpose specified in the contract, the overdue interest, penalty interest and compound interest shall be
charged monthly.

 

15.6 If Party A breaches the contract and
causes Party B to realize its creditor’s rights through litigation, Party A shall bear the appraisal fee, appraisal fee,
auction fee, litigation fee, arbitration fee, notarization fee, lawyer’s fee and other reasonable expenses for Party B to
realize its creditor’s rights.

 

Article XVI Recover the Loan in Advance

 

In case of any of the following acts by
Party A, Party B shall have the right to declare that all loans issued are due immediately, to recover the principal and interest
of the loans issued in advance, and to stop extending loans, and to take corresponding measures in accordance with the law:

 

16.1 Party A fails to use the loan for
the purpose specified in this contract or fails to pay the principal, interest and other payables in full and on time;

 

16.2 Party A fails to pay the loan capital
in the agreed way;

 

16.3 Party A breaks through the agreed
financial indicators;

 

16.4 Party A fails to disburse the loan
capital in the agreed way;

 

16.5 Party A breaches the contract and
evades Party B’s entrusted payment by the method of breaking up the whole into parts;

 

16.6 Party A provides Party B with false
or concealed financial statements and other loan information or concealed important business financial facts;

 

16.7 Refusing to accept Party B’s
supervision and inspection of its use of loans and related production, operation and financial activities;

 

16.8 Party A engages in equity investment
with loans;

 

16.9 Party A engages in speculative business
or other illegal and illegal transactions in securities, futures and real estate by using loans;

 

16.10 Party A arbitrages loans for borrowing
and earning illegal income;

 

16.11 Party A defrauds loans by fraudulent
means;

 

16.12 Using the false contract with the
related party to pledge to Party B the creditor’s rights such as bills receivable and accounts receivable without actual
trade background and to arbitrage the bank’s funds;

 

16.13 Those who intentionally evade bank
creditor’s rights through related party transactions;

 

16.14 Party A breaches any contract or
agreement signed by Party A and others (including Party B of this contract) as a party, or any promise or guarantee made by Party
A unilaterally, thus constituting a serious breach of contract for other debts;

 

16.15 Party A’s business method,
system, solvency or legal status has changed, including but not limited to, foreign investment, substantial increase in debt financing,
contracting, leasing, trusteeship, asset restructuring, debt restructuring, equity transfer, stock system reform, joint venture,
merger, acquisition, division, compensatory transference of proprietary rights, joint venture (cooperation), reducing registered
capital or applying for closure and rectification, applying for dissolution (or revocation), applying for reorganization, reconciliation
and bankruptcy, etc., failing to obtain Party B’s written consent and fulfill the liability for liquidation of debts under
this contract or to provide new guarantees approved by Party B;

 

    	 	8	 

     

    

 

16.16 The guarantee under this contract
has changed to the detriment of Party B’s creditor’s rights, including but not limited to collateral, collateral damage,
loss, value reduction, or if the guarantor breaches any obligation established for him in the guarantee contract and Party A fails
to provide additional guarantees as required by Party B;

 

16.17 If the guarantee contract or other
means of guarantee are not in force, invalid or revoked, or if the guarantor loses part or all of the guaranty capacity or expressly
expresses his non-performance of the guarantee obligation, if the guarantor breaches any obligation or undertaking stipulated in
the guarantee contract or the contract signed with a third party, and Party A fails to provide additional guarantees as required
by Party B;

 

16.18 The statements and warranties made
by Party A are not true, accurate or have major concealment;

 

16.19 Where Party A expressly expresses
or manifests in its own conduct that Party A does not perform its obligations under this Contract;

 

16.20 Party A breaches any other obligations
and commitments stipulated in this contract, and Party B considers that it is sufficient to affect the realization of its creditor’s
rights;

 

16.21 Party A’s description in the
application for withdrawal and/or the attached application materials for withdrawal is untrue or Party A violates its commitments
in the application for withdrawal;

 

16.22 Liability accidents, major environmental
and social risks or events caused by Party A’s violation of food safety, production safety, environmental protection and
other laws, regulations, regulatory provisions or industrial standards related to environmental and social risk management have
or may affect the performance of its obligations hereunder;

 

16.23 The deterioration of Party A’s
business and financial situation, the failure to pay the debts due, or the involvement of major economic lawsuits or arbitration
and other legal disputes, has seriously affected and threatened the realization of Party B’s creditor’s rights;

 

16.24 Party A’s group customers’
overall credit, business and financial situation are in serious crisis, which poses a major threat to the safety of Party B’s
loans;

 

16.25 Where Party A is suspended, dissolved,
suspended, revoked or cancelled its business license, etc.;

 

16.26 Other situations may result in the
threat or serious loss of the realization of Party B’s creditor’s rights under this contract.

 

Article XVII Effectiveness of Contract

 

This contract shall come into force on the
date of signing by both parties.

 

Article XVIII Transfer and alteration
of the Contract

 

18.1 Party A agrees that after the entry
into force of this contract, Party B may transfer all or part of the creditor’s rights under this contract to a third party.

 

18.2 After the entry into force of this
contract, if Party A transfers all or part of the debts under this contract to a third party, it shall submit to Party B in advance
written documents or provide new guarantees after the Guarantor agrees to transfer, and with Party B’s written consent.

 

18.3 After the entry into force of this
contract, neither Party A nor Party B shall alter it without authorization. In case of any change, both parties shall reach a written
agreement on the change.

 

18.4 If Party A requests the extension
of the loan under this contract, the extension agreement shall be signed after Party B’s examination and approval. If Party
B does not agree to the extension, Party A shall still fulfill its repayment obligations as stipulated in this contract.

 

    	 	9	 

     

    

 

Article XIX Confidentiality

 

Either party A or B shall have the obligation
to keep confidential the other party’s trade secrets, contract terms and other information related to interests obtained
during the signing and performance of the contract; unless otherwise stipulated by laws, regulations and regulatory policies, such
information shall not be disclosed or disclosed to any third party without the consent of the other party.

 

Article XX Governing Law and Settlement
of Disputes

 

20.1 This contract shall be governed by the
laws of the People’s Republic of China.

 

20.2 All disputes arising from this contract
between Party A and Party B shall be settled through consultation; if consultation fails, the two sides choose to settle it in
the following way:

 

þ
To bring a suit in the people’s court where Party B is located.

 

☒
To apply to no content here arbitration commission for arbitration.

 

Article XXI Notification and Delivery

 

During the term of validity of the contract,
all documents sent by Party B to Party A according to Party A’s information contained in this contract shall be deemed to
be served as the same when Party A’s information, such as the name, legal representative, domicile and telephone number, changes
occur and Party B has not been notified in writing.

 

Article XXII Appendix

 

22.1 If Party A and Party B have signed
the Maximum Financing Contract which number is no content here, then this contract:

 

☒
It is the specific business contract under the Maximum Financing Contract.

 

☒
It is managed independently of the Maximum Financing Contract.

 

If the two parties have not explicitly
agreed or agreed on the above matters, this contract will automatically become a specific business contract under the Maximum
Financing Contract signed by both parties.

 

22.2 Party A authorizes Party B to provide
information on this contract and other relevant information to the credit information base database of the People’s Bank
of China or other credit databases established by law in accordance with the provisions of relevant laws and regulations or other
normative documents or the requirements of the financial supervision machine, for inquiry and use by suitably qualified institutions
or individuals, at the same time, Party B is authorized to inquire Party A’s relevant information through the People’s
Bank of China’s Credit Information Base Database and other credit databases established according to law for the purpose
of the conclusion and performance of this contract.

 

22.3 If one party of the contract proposes
to amend the contract in order to comply with the changed laws, regulations, judicial interpretations and regulations, the other
party shall cooperate. Otherwise, loans that have not been issued will cease to be issued.

 

22.4 Other matters agreed by both parties

 

No content here and the addition clause
is invalid 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

.

 

    	 	10	 

     

    

 

22.5 When ☐ mode is adopted as option
under this contract, please tick √in the ☐ to express the clause is applicable, tick × means that
this clause does not apply.

 

22.6 This contract is made in two copies
by Party A, two copies by Party B and one copy by the notary party, all of which shall have the same legal
effect.

 

22.7 The relevant annexes under this contract
are an integral part of this contract and have the same legal effect as this contract.

 

22.8 Party B has taken reasonable measures
to draw Party A’s attention to the provisions of this contract exempting or limiting Party B’s responsibilities, and
fully explain the relevant terms and conditions as required by Party A; there is no objection to the understanding of all the terms
and conditions of this contract between Party A and Party B.

 

Appendix: Application for Withdrawal of
Working Capital Loan

 

    	 	11	 

     

    

 

Signature page (No text on this page)

 

	Party A:	(Seal): Xinjiang United Family Trading Co., Ltd.
	Legal Representative:	 
	(or Entrusted Agent)	(Signature): /s/
Baolin Wang (seal)                               

  

May 31, 2021

  

	Party B:	(Seal): Urumqi Youhao Road Sub-Branch of Huaxia Bank Co., Ltd.
	Legal Representative/Principal:	 
	(or Entrusted Agent)	(Signature or seal):
/s/ Li Meng (seal)                           

  

May 31, 2021

 

12Exhibit 10.1

 

GLOBAL
TECH INDUSTRIES GROUP, INC.

511
Sixth Avenue, Suite 800

New
York, New York 10011

 

May
20, 2021

 

Via
Email to vincente@aspirehs.com

 

My
Retina Docs LLC

Dr.
Vincente Calderon, Managing Member

70
Sunrise Highway

Suite
500

Valley
Stream, New York 11581

 

Eyecare
& Eyewear Inc.

Dr.
Vincent Calderon, CEO

2799
Elm Street

Oceanside,
NY 11572

 

		Re:	Letter Agreement Regarding Proposed Business Combination of Global Tech 

                                                                                Industries Group, Inc. and My Retina Docs LLC & Eyecare and Eyewear Inc.

 

Dear
Dr. Calderon:

 

Global
Tech Industries Group, Inc., a Nevada corporation (“GTII”), is pleased to inform Dr. Vincente Calderon, O.D. (“Dr.
Calderon”) and Mr. Mario Calderon (“M. Calderon”) of its agreement set forth herein (the “Agreement”) to
engage in a business combination with Dr. Calderon and M. Calderon pursuant to which My RetinaDocs LLC (“My Retina”) and
Eyecare and Eyewear, Inc. (“E&E”), collectively referred to herein as “EYES”, will become wholly-owned subsidiaries
of GTII, and the shareholders and members of EYES (the “EYES Shareholders”) will acquire 1,500,000 shares of newly issued
common stock of GTII (the “GTII Common Stock”), subject to the terms and conditions set forth herein. This letter agreement
between GTII, EYES and the EYES Shareholders evidences the terms and conditions of the contemplated transactions (the “Transaction”).

 

The
completion of an audit of My Retina and E&E for the calendar years 2019 and 2020, as well as the starting balance sheet as of January
1, 2021 (the “Audited Financial Statements”) and through April 30, 2021, by an auditor that is subject to the public corporation
accounting oversight board (“PCAOB”), acceptable to GTII shall be a condition precedent to GTII’s obligation (but not
to EYES’s obligation) to Close the Transaction, waivable by GTII in its sole and absolute discretion. As such, this Agreement is
legally binding on the parties and will be in full force and effect as of the date on which it is executed by duly authorized representatives
of both GTII and EYES.

 

    	Page 1 of 13

     

    

 

Dr.
Vincente Calderon

Mr.
Mario Calderon

My
RetinaDocs LLC

Eyecare
and Eyewear Inc.

May
20, 2021

 

This
Agreement is intended to be a definitive binding agreement between GTII, EYES and the EYES Shareholders. Prior to the closing of the
Transaction (“Closing”), which the parties intend to accomplish within thirty (30) days of the date by which all parties
to this Agreement execute this Agreement, subject to certain conditions to Closing at specified in Section 4 of this Agreement. GTII
may amend its Articles of Incorporation to increase its authorized common stock and its authorized preferred stock, in each case to such
other number of shares as is determined by GTII in its sole discretion. GTII may in its sole discretion seek, but is not obligated, to
raise capital (the “Offering”) for (a) EYES’s and GTII’s business, (b) to reimburse EYES and GTII for their Transaction
costs, and (c) to pay the costs to be incurred to audit EYES’s financial statements for fiscal years 2019 and 2020, as determined
by mutual agreement of GTII, the EYES Shareholders and EYES before the Offering. GTII, EYES and the EYES Shareholders agree to cooperate
in the preparation of the private offering materials for the above-described Offering when it occurs. All parties to this Agreement acknowledge
and agree that there is no guarantee as to whether or not GTII will be able to raise any capital in the Offering. If the Offering is
conducted before the Vesting Date (as hereinafter defined) and by EYES rather than by GTII, then all investors in the Offering will be
given the right at a later date to exchange their shares of the subsidiary for newly issued shares of GTII common stock at a discount
to market price, determined by agreement of GTII and the EYES Shareholders, or in the absence of such agreement, by GTII in good faith.

 

1.       The
Transaction. EYES and Dr. Vincent Calderon and Mario Calderon, the members/shareholders and 100% owners of EYES (the “EYES
Shareholders”), hereby agree with GTII that at the Closing of the Transaction, the EYES Shareholders will convey and transfer to
GTII, free and clear of all liens, encumbrances or claims, good title to all of the shares of the issued and outstanding capital stock
of EYES owned by the EYES Shareholders, which is, and at the Closing will be, 100% of the total issued and outstanding shares of EYES
capital stock (collectively, the “EYES Shares”). In consideration for the EYES Shares, GTII will at the Closing covenant
to issue to the EYES Shareholders, on a date (the “Vesting Date”) within one hundred and eighty (180) days after the date
of the Closing, the GTII Common Stock, free and clear of any liens, encumbrances or claims other than the standard Rule 144 restrictive
transfer provisions, and any other provisions contained in this Agreement. The GTII Common Stock will bear the following legend:

 

“THIS
SECURITY HAS NOT BEEN REGISTERED OR QUALIFIED UNDER THE SECURITIES ACT OF 1933 (THE “ACT”) OR THE SECURITIES LAWS OF ANY
STATE AND MAY NOT BE OFFERED OR SOLD UNLESS REGISTERED AND QUALIFIED PURSUANT TO THE APPLICABLE PROVISIONS OF FEDERAL AND STATE SECURITIES
LAWS OR UNLESS AN EXEMPTION FROM SUCH REGISTRATION OR QUALIFICATION APPLIES. THEREFORE, NO SALE OR TRANSFER OF THIS SECURITY SHALL BE
MADE, NO ATTEMPTED SALE OR TRANSFER SHALL BE VALID, AND THE ISSUER SHALL NOT BE REQUIRED TO GIVE ANY EFFECT TO ANY SUCH TRANSACTION UNLESS
(A) SUCH TRANSACTION HAS BEEN DULY REGISTERED UNDER THE ACT AND QUALIFIED OR APPROVED UNDER APPROPRIATE STATE SECURITIES LAWS, OR (B)
THE ISSUER HAS FIRST RECEIVED AN OPINION OF COUNSEL REASONABLY SATISFACTORY TO IT THAT SUCH REGISTRATION, QUALIFICATION OR APPROVAL IS
NOT REQUIRED.”

 

    	Page 2 of 13

     

    

 

Dr.
Vincente Calderon

Mr.
Mario Calderon

My
RetinaDocs LLC

Eyecare
and Eyewear Inc.

May
20, 2021

 

Dr.
Calderon will have the primary authority and responsibility to manage EYES and its business while EYES is owned by GTII. Dr. Calderon
covenants and warrants to use his best efforts to achieve minimum gross sales of no less than the gross sales realized in calendar year
2020. For year-over-year increases in net profits resulting from increases in gross profits, the EYES Shareholders will be entitled to
receive pro-rata performance-based bonusses, in an amount to be negotiated by Closing and memorialized in a definitive stock purchase
agreement(s).

 

GTII
covenants not to take any action that would change the officers or directors of EYES without the prior written consent of EYES’s
Chief Executive Officer. EYES and the EYES Shareholders agree that they will not offer for sale any GTII stock issued to them until the
expiration of 12 months subsequent to the issuance date. Nothing herein shall be considered a bar to the participation of any EYES officer,
director, or EYES Shareholder from participating as a seller in a public offering. If GTII determines to conduct an offering of its securities
under the exemption from registration available pursuant to Regulation A+ of the Securities Act of 1933, as amended, to raise capital,
EYES and the EYES Shareholders agree to fully cooperate with GTII to enable it to make such an offering successful.

 

EYES
represents and warrants that all of its current shareholders are “accredited investors” as defined in Rule 501 of Regulation
D of the Securities Act of 1933, as amended, and that neither EYES nor any Shareholders, officer, director, employee or other affiliate
of EYES is a “bad actor” as defined in Rule 506(d) of Regulation D of the Securities Act of 1933, as amended. EYES covenants
to use its best efforts to cause its shareholders to approve and participate in the Transaction or otherwise the Transaction will be
cancelled.

 

After
the execution of this Agreement and until Closing, the public reporting costs and Transaction costs of GTII and EYES will be borne as
follows: 100% by GTII (except that EYES will be 100% responsible for auditing costs associated with the Audited Financial Statements).
After the Closing, such costs shall be borne 100% by GTII.

 

2.       Board
of Directors and Executive Officers. On the Closing, Dr. Calderon will be appointed as one of the three (3) new directors and
the Chief Executive Officer of a GTII subsidiary (the “EYES Sub”), as well as assuming and confirming his positions with
EYES as provided in this Section 2. Furthermore, at Closing, GTII, as the parent company and 100% owner of EYES, will cause the EYES
Sub to appoint: (i) Dr. Calderon as the director, Chief Executive Officer, and President of the Board of Directors of the EYES Sub; (ii)
Mr. Mario Calderon as a director and Chief Operating Officer, and (iii) one director to be nominated by GTII.

 

The
parties agree to cause EYES to enter into an employment agreement with Dr. Calderon and M. Calderon at the Closing that is reasonably
acceptable to the parties to this Agreement. Failure to negotiate in good faith, or the failure to enter into said employment agreement,
shall be grounds for terminating this Agreement. Dr. Calderon and M. Calderon covenant to perform, for the EYES Sub, those substantially
similar obligations and responsibilities as performed by them for EYES prior to closing, with substantially similar compensation from
the EYES Sub as received from EYES prior to closing. Dr. Calderon and M. Calderon agree not to open and operate any new other business,
unless expressly agreed upon in writing by GTII or appearing in any employment agreement between EYES and either Dr. Calderon or M. Calderon,
while employed by the EYES Sub. Dr. Calderon and M. Calderon represent and warrant that EYES constitutes 100% of the business conducted
by EYES.

 

    	Page 3 of 13

     

    

 

Dr.
Vincente Calderon

Mr.
Mario Calderon

My
RetinaDocs LLC

Eyecare
and Eyewear Inc.

May
20, 2021

 

Dr.
Calderon and M. Calderon acknowledge that the rights, duties, and consideration contemplated herein are personal to them, and they may
not assign and/or sublicense this agreement, or the rights or obligations thereunder, to any other party without the written consent
of GTII. Unless otherwise agreed in writing between GTII and Dr. Calderon or M. Calderon, in the event that during the first 12 months
after the Closing, Dr. Calderon or M. Calderon cease to perform their managerial services for EYES and/or GTII in accordance with their
duties to those companies as provided in their employment agreements with EYES and this Agreement, or their employment agreements with
EYES are terminated by either Dr. Calderon or M. Calderon without GTII’s consent and without cause (i.e., GTII has not materially
breached the Agreement and failed to cure it), then EYES and the EYES Shareholders shall be deemed to have breached this Agreement, and
GTII will have the right, exercisable in its sole and absolute discretion, to (i) terminate and rescind the Agreement, (ii) recover all
of its capital stock issued to the EYES Shareholders under the Agreement, (iii) return the EYES Shares to the EYES Shareholder, and (iv)
assert claims against EYES and the EYES Shareholders for damages and other remedies at law or in equity. The EYES Shareholders will thereafter,
and promptly, return all shares of the GTII Common Stock issued to them under this Agreement, properly endorsed for transfer to GTII
or to a designee of GTII, upon a demand by GTII for such return in the event of a breach of this Agreement.

 

3.       Timing.
Upon execution of this Agreement by all parties, EYES will provide GTII with all information and make available all EYES personnel
and stockholders required by GTII to complete its due diligence of EYES, its management and its shareholders, and the completion of the
Audited Financial Statements. EYES hereby represents and warrants that it has completed its due diligence of GTII and is satisfied with
the same. Upon satisfactory completion by GTII of its due diligence of EYES, GTII and EYES and the EYES Shareholders will then proceed
to Closing, subject to the rights, obligations, and provisions of the second paragraph of the introduction portion of this Agreement
relating to the Audited Financial Statements.

 

4.       Conditions
of Closing. The Closing of the Transaction is subject to the following conditions in addition to those otherwise described in
this Agreement: (i) prior to or at the Closing, GTII will have no debts or other liabilities, except as contemplated by Paragraph 5 of
this Agreement or those incurred in the ordinary course of business of GTII and reported in its financial statements; (ii) all governmental,
regulatory, and third party consents and approvals necessary or desirable to facilitate consummation of the Transaction will have been
obtained, (iii) GTII’s satisfaction, which satisfaction GTII must confirm in writing prior to the Closing, with a full and complete
due diligence investigation of all available information regarding EYES including financial, business and legal affairs; (iv) execution
of consents by the holders of 100% of the outstanding shares of EYES to the Transaction; (v) transfer of ownership to GTII of 100% of
the outstanding shares of EYES, free and clear of any liens, claims and encumbrances; (vi) receipt by each party to this Agreement of
a written representation from the other party hereto that no material adverse change has occurred to the representing party between the
date of execution of this Agreement and the Closing of the Transaction; and (vii) approval of the Transaction by the Boards of Directors
of EYES and GTII, respectively. Neither GTII nor EYES is aware of any outstanding agreement by which either of them is bound which confers
on any party the right to prevent the Closing of the Transaction. If the Closing of the Transaction does not occur by June 30, 2021 (subject
to the right of the parties to this Agreement to extend this date by mutual written agreement), through no fault of any party to this
Agreement, then any party hereto may terminate this Agreement by written notice to the other parties for any reason or no reason. A party
who is at fault for delaying the Closing shall have no right to terminate the Agreement. A failure by EYES to deliver the Audited Financial
Statements to GTII by July 31, 2021 shall be deemed to be the fault of EYES.

 

    	Page 4 of 13

     

    

 

Dr.
Vincente Calderon

Mr.
Mario Calderon

My
RetinaDocs LLC

Eyecare
and Eyewear Inc.

May
20, 2021

 

5.       Debts
of GTII. GTII represents and warrants that it will have no debts outside the ordinary course of its business at the Closing other
than up to approximately $2 million (as reflected on its current financial statements) that GTII has not yet settled or converted to
equity (collectively, “Unsettled Debt”). The settlement of these debts may involve a temporary extension of their maturity
dates. The risk of claims for the remaining Unsettled Debt and any other liability of GTII arising prior to the Closing (collectively,
“Other Pre-Closing Debt”), will be borne by GTII. GTII will negotiate settlements or otherwise effect cancellations of such
debts in good faith.

 

6.       Pre-Closing
Cooperation. From the date of execution of this Agreement until the Closing of the Transaction, each party agrees to provide
the other party and its designated representatives with access to all reasonably relevant information regarding the party that the other
party requests.

 

7.       Expenses.
Subject to Paragraph 2 of this Agreement, each party will bear its own expenses in connection with the Transaction until the
Closing, including without limitation, legal and accounting fees, which will be reimbursed from the proceeds of the Offering to the extent
feasible.

 

8.       Confidentiality.
Any information, including but not limited to data, business information (including customer and investor lists and prospects),
technical information, computer programs and documentation, programs, files, specifications, drawings, sketches, models, samples, tools
or other data, oral, written, digital or otherwise (hereinafter called “Information”), furnished or disclosed by one party
to the other party for the purpose of the Transaction, will remain the disclosing party’s property until the Closing of the Transaction,
at which time all such Information will become the property of GTII. All copies of such Information in written, graphic or other tangible
form must be returned to the disclosing party immediately upon written request if the Transaction is not consummated. Unless such Information
was previously known to receiving party free of any obligation to keep it confidential, or has been or is subsequently made public by
the disclosing party or a third party, it must be kept confidential by the receiving party, will be used only in performing due diligence
and other actions for the Transaction, and may not be used for other purposes except upon such terms as may be agreed upon between EYES
and GTII in writing.

 

9.       Exclusivity.
In consideration hereof and of the time and resources that GTII will devote to the Transaction, EYES agrees that until one hundred
and eighty (180) days from the date of the execution of this Agreement by both parties to it (such date, the “End of the Exclusivity
Period”), EYES and its affiliates, directors, officers, employees, representatives and agents will not, directly or indirectly,
solicit, initiate, enter into or continue any discussions or transactions with, or encourage, or provide any Information to any person
or entity (other than to GTII or its designees), concerning any merger, business combination or sale of its stock other than as contemplated
in Paragraph 1 of this Agreement. EYES represents that neither EYES nor any of its affiliates is party to or bound by any agreement with
respect to any such transaction other than as contemplated by this Agreement.

 

    	Page 5 of 13

     

    

 

Dr.
Vincente Calderon

Mr.
Mario Calderon

My
RetinaDocs LLC

Eyecare
and Eyewear Inc.

May
20, 2021

 

10.       Representations
and Warranties of EYES and the EYES Shareholders

 

EYES
and the EYES Shareholders represent and warrant to GTII as follows:

 

10.1       Power
and Authority; Binding Nature of Agreement. EYES and the EYES Shareholders have full power and authority to enter into this Agreement
and to perform their obligations hereunder. The execution, delivery, and performance of this Agreement by EYES and the EYES Shareholders
have been duly authorized by all necessary action on their part. Assuming that this Agreement is a valid and binding obligation of each
of the other parties hereto, this Agreement is a valid and binding obligation of EYES and the EYES Shareholders. The transfer of the
EYES Shares by the EYES Shareholders to GTII pursuant to this Agreement has been duly authorized and approved by the EYES Board of Directors,
and the EYES Shares will remain outstanding and in full force and effect at the Closing with GTII as their owner.

 

10.2       Subsidiaries.
Other than as set forth in this Agreement or disclosed to GTII in writing, there is no corporation, general partnership limited partnership,
joint venture, association, trust or other entity or organization that EYES directly or indirectly controls or in which EYES directly
or indirectly owns any equity or other interest.

 

10.3       Good
Standing. EYES (i) is duly organized, validly existing and in good standing under the laws of the jurisdiction in which it is
incorporated, (ii) has all necessary power and authority to own its assets and to conduct its business as it is currently being conducted,
and (iii) is duly qualified or licensed to do business and is in good standing in every jurisdiction (both domestic and foreign) where
such qualification or licensing is required.

 

10.4       Charter
Documents and Corporate Records. EYES has delivered to GTII complete and correct copies or provided GTII with the right to inspect
true and complete copies of all (i) the articles of incorporation, bylaws and other charter or organizational documents of EYES, including
all amendments thereto, and (ii) the stock records of EYES. EYES is not in violation or breach of any of the provisions of its articles
of incorporation, bylaws or other charter or organizational documents.

 

10.5       Financial
Statements.

 

(a)
       EYES has delivered to GTII the following financial statements relating to EYES prior to the
Closing (the “EYES Financial Statements”): (i) the audited balance sheet of EYES as of December 31, 2019 and 2020 and the
unaudited balance sheet as of March 31, 2021, and (ii) the audited statements of income for the years ended December 31, 2019 and 2020
and the unaudited statements of income for the months ended March 31, 2021, as well as the unaudited statements of retained earnings
and shareholders’ equity. Except as stated therein or in the notes thereto, the EYES Financial Statements: (a) present fairly the
financial position of EYES as of the respective dates thereof and the results of operations and changes in financial position of EYES
for the respective periods covered thereby; and (b) have been prepared in accordance with EYES’s normal business practices applied
on a consistent basis throughout the periods covered.

 

    	Page 6 of 13

     

    

 

Dr.
Vincente Calderon

Mr.
Mario Calderon

My
RetinaDocs LLC

Eyecare
and Eyewear Inc.

May
20, 2021

 

(b)
       EYES and the EYES Shareholders have made available to GTII a true and complete copy of each
material agreement and related documents made by EYES since January 1, 2019 (the “EYES Documents”).

 

10.6       Capitalization.
The authorized capital stock of EYES consists of 200 shares of common stock, having no par value per share, of which 200 shares are issued
and outstanding as of the date of execution of this Agreement. No shares of preferred stock have been designated, issued, or authorized.
All of the outstanding shares of the capital stock of EYES are validly issued, fully paid and nonassessable, and have been issued in
full compliance with all applicable federal, state, local and foreign securities laws and other laws.

 

10.7       Absence
of Changes. Except as otherwise set forth on Schedule 10.7 hereto, there has not been any material adverse change in the business,
condition, assets, operations or prospects of EYES and no event has occurred or, to EYES’s knowledge, is expected to occur after
the Closing that might have a material adverse effect on the business, condition, assets, operations or prospects of EYES, other than
the transfer to GTII by EYES of all contractual obligations and related rights for the delivery of services, materials, warranty obligations,
and delivery costs pertaining to contracts that are, as of the date of this Agreement, a work in progress or in the process of fulfillment
or delivery, or that have not been completed at the time of the Closing, or which have been entered into after the date of this Agreement,
including without limitation the right to cash flow from those contracts.

 

10.8       Absence
of Undisclosed Liabilities. EYES has no debt, liability or other obligation of any nature (whether due or to become due and whether
absolute, accrued, contingent or otherwise) that is not reflected or reserved against in the EYES Financial Statements as of March 31,
2021, except for obligations incurred in the ordinary and usual course of business consistent with past practice.

 

10.9       Corporation
Status. EYES is identified as a “C” corporation, organized under the laws of the State of New York, having a unique
New York identifier of 4599591.

 

10.10       Conflict
of Interest Transactions. Except as otherwise set forth in Schedule 10.10, no past or present Shareholders, director, officer
or employee of EYES or any of their affiliates (i) is indebted to, or has any outside financial, business or contractual relationship
or arrangement with EYES, or (ii) has any direct or indirect interest in any property, asset or right which is owned or used by EYES
or pertains to the of EYES business.

 

10.11       Litigation.
Except as may be disclosed in the EYES Documents, there is no actual action, suit, proceeding, dispute, litigation, claim, complaint
or investigation by or before any court, tribunal, governmental body, governmental agency or arbitrator pending or, to EYES’s knowledge,
threatened against or with respect to EYES which (i) if adversely determined would have a material adverse effect on the business, condition,
assets, operations or prospects of EYES, or (ii) challenges or would challenge any of the actions required to be taken by EYES under
this Agreement. To EYES’s knowledge, there exists no basis for any such action, suit, proceeding, dispute, litigation, claim, complaint
or investigation.

 

10.12       Approvals.
EYES has provided GTII with a complete and accurate list of all jurisdictions in which EYES is authorized to do business, including any
required authorization, consent or approval of, or registration or filing with, any governmental authority that is required to be obtained
or made by EYES in connection with the execution, delivery or performance of this Agreement, including the conveyance to GTII of the
EYES Shares.

 

    	Page 7 of 13

     

    

 

Dr.
Vincente Calderon

Mr.
Mario Calderon

My
RetinaDocs LLC

Eyecare
and Eyewear Inc.

May
20, 2021

 

10.13       Brokers
or Finders. EYES has not agreed to pay any brokerage fees, finder’s fees or other fees or commissions with respect to the
transactions contemplated by this Agreement, and, to EYES’s knowledge, no person is entitled, or intends to claim that it is entitled,
to receive any such fees or commissions in connection with such transaction.

 

10.14       Representations
True on Closing Date. The representations and warranties of EYES set forth in this Agreement are true and correct on the date
hereof, and will be true and correct on the Closing Date as though such representations and warranties were made as of the Closing Date.
GTII’s knowledge will not act as a waiver of any breach of the representations and warranties contained herein by EYES or EYES
Shareholders.

 

10.15       Tax
Advice. EYES and EYES Shareholders hereby represent and warrant that they have sought their own independent tax advice regarding
the transactions contemplated by this Agreement and neither EYES nor EYES Shareholders have relied on any representation or statement
made by GTII or its representatives regarding the tax implications of such transactions.

 

10.16       Non-Contravention.To
best of the EYES Shareholders’ knowledge, neither the execution nor delivery of this Agreement, nor the performance of this Agreement
will contravene or result in a material violation of any of the provisions of any other agreement or obligation of the EYES Shareholders
or EYES.

 

 11. Representations and Warranties of GTII.

 

GTII
represents and warrants to EYES and the EYES Shareholders as follows:

 

11.1       Power
and Authority; Binding Nature of Agreement. GTII has full power and authority to enter into this Agreement and to perform its
obligations hereunder. The execution, delivery and performance of this Agreement by GTII have been duly authorized by all necessary action
on its part. Assuming that this Agreement is a valid and binding obligation of the other party hereto, this Agreement is a valid and
binding obligation of GTII.

 

11.2       Approvals.
To GTII’s knowledge, no authorization, consent or approval of, or registration or filing with, any governmental authority or any
other person is required to be obtained or made by GTII in connection with the execution, delivery or performance of this Agreement.

 

11.3       Representations
True on Closing Date. To GTII’s knowledge, the representations and warranties of GTII set forth in this Agreement are true
and correct on the date hereof, and will be true and correct on the Closing Date as though such representations and warranties were made
as of the Closing Date.

 

    	Page 8 of 13

     

    

 

Dr.
Vincente Calderon

Mr.
Mario Calderon

My
RetinaDocs LLC

Eyecare
and Eyewear Inc.

May
20, 2021

 

11.4       Non-Distributive
Intent. The EYES Shares being purchased by GTII pursuant to this Agreement are not being acquired by GTII with a view to the
public distribution or sale of them.

 

11.5       Non-Contravention.
To the best of GTII’s knowledge, neither the execution nor delivery of this Agreement, nor the performance of this Agreement will
contravene or result in a material violation of any of the provisions of any other agreement or obligation of GTII.

 

11.6       Buyer
is an Accredited Investor. GTII is (i) an “accredited investor” as that term is defined in Rule 501 of the Act, and
(ii) experienced in making investments of the kind described in this Agreement and the related documents, and (iii) able, by reason of
the business and financial experience of its officers (if an entity) and professional advisors (who are not affiliated with or compensated
in any way by EYES or any of its affiliates or selling agents), to protect its own interests in connection with the Transactions described
in this Agreement and the related documents.

 

11.7       Certificate
of Designation. The EYES Shareholders has reviewed the Certificate of Designation of GTII, a copy of which has been furnished
to them, and she is satisfied with it.

 

12.         Survival
of Representations and Warranties.

 

All
representations and warranties made by each of the parties hereto will survive the Closing for a period after the Closing Date equal
to the applicable statute of limitations for such matters under applicable state law.

 

 13        . Indemnification. 

 

(a)
       GTII agrees to indemnify, defend and hold harmless EYES against any and all claims, demands,
losses, costs, expenses, obligations, liabilities and damages, including interest, penalties and attorneys’ fees and costs incurred
by GTII, arising, resulting from or relating to any breach of, or failure by Buyer to perform, any of its representations, warranties,
covenants or agreements in this Agreement or in any exhibit or other document furnished or to be furnished by GTII under this Agreement.

 

(b)
       EYES and the EYES Shareholders agree to indemnify, defend and hold harmless GTII against any
and all claims, demands, losses, costs, expenses, obligations, liabilities and damages, including interest, penalties and attorneys’
fees and costs incurred by GTII, arising, resulting from or relating to any breach of, or failure by EYES and the EYES Shareholders to
perform, any of their representations, warranties, covenants or agreements in this Agreement or in any exhibit or other document furnished
or to be furnished by GTII under this Agreement.

 

14.       Entire
Agreement. This Agreement constitutes the entire understanding among EYES, GTII, and their respective affiliates, and supersedes
all prior communications, agreements, and understandings, written or oral, with respect to the Transaction.

 

15.       Governing
Law. This Agreement will be enforced in the courts of and governed by the laws of the State of Nevada and will bind and inure
to the benefit of the parties and their respective successors and assigns. The venue for any legal proceedings under or relating to the
Agreement shall be in the appropriate forum in the County of New York, State of New York, or a federal court which sits in the State
of New York.

 

    	Page 9 of 13

     

    

 

Dr.
Vincente Calderon

Mr.
Mario Calderon

My
RetinaDocs LLC

Eyecare
and Eyewear Inc.

May
20, 2021

 

16.       General.
If the requisite agreements and other documents for a Closing are not executed by EYES and GTII by the End of the Exclusivity Period
or later if mutually agreed to in writing by all parties, all obligations of the parties under this Agreement, other than the
provisions of Paragraphs 7, 8, and 9, will automatically terminate and be of no further force and effect.

 

17.       Severability.
If any provision of this Agreement is held to be invalid or unenforceable by a court of competent jurisdiction, this Agreement shall
be interpreted and enforceable as if such provision were severed or limited, but only to the extent necessary to render such
provision and this Agreement enforceable.

 

18.       Rights
Cumulative. All rights and remedies under this Agreement are cumulative, and none is intended to be exclusive of another. No
delay or omission in insisting upon the strict observance of performance of any provision of this Agreement, or in exercising any right
or remedy, shall be construed as a waiver or relinquishment of such provision, nor shall it impair such right or remedy. Every right
and remedy may be exercised from time to time and as often as deemed expedient.

 

19.       Legal
Counsel. The parties acknowledge and agree that current legal counsel for GTII, Richardson & Associates (“Counsel”),
represents only GTII for the preparation and negotiation of the Agreement, and for any other matter relating to the Transaction,
including without limitation the Offering, if one occurs.

 

 20.          Injunctive Relief.

 

20.1       Damages
Inadequate. Each party acknowledges that it would be impossible to measure in money the damages to the other party if there is
a failure to comply with any covenants and provisions of this Agreement, and agrees that in the event of any breach of any such covenant
or provision, the other party to this Agreement will not have an adequate remedy at law.

 

20.2       Injunctive
Relief. It is therefore agreed that the other party to this Agreement who is entitled to the benefit of the covenants and provisions
of this Agreement which have been breached, in addition to any other rights or remedies which they may have, will be entitled to immediate
injunctive relief to enforce such covenants and provisions, and that in the event that any such action or proceeding is brought in equity
to enforce them, the defaulting or breaching party will not urge a defense that there is an adequate remedy at law.

 

21.       Further
Assurances. Following the Closing, the EYES Shareholders shall furnish to GTII such instruments and other documents as GTII may
reasonably request for the purpose of carrying out or evidencing the Transaction contemplated hereby.

 

22.       Waivers.
If any party at any time waives any rights hereunder resulting from any breach by the other party of any of the provisions of
this Agreement, such waiver is not to be construed as a continuing waiver of other breaches of the same or other provisions of this Agreement.
Resort to any remedies referred to herein will not be construed as a waiver of any other rights and remedies to which such party is entitled
under this Agreement or otherwise.

 

    	Page 10 of 13

     

    

 

Dr.
Vincente Calderon

Mr.
Mario Calderon

My
RetinaDocs LLC

Eyecare
and Eyewear Inc.

May
20, 2021

 

23.       Successors
and Assigns. Each covenant and representation of this Agreement will inure to the benefit of and be binding upon each of the
parties, their personal representatives, assigns and other successors in interest.

 

24.       Counterparts.
This Agreement may be executed simultaneously in any number of counterparts, each of which counterparts will be deemed to be
an original, and such counterparts will constitute but one and the same instrument.

 

25.       Assignment.
Except in the case of an affiliate of GTII, this Agreement may not be assignable by any party without prior written consent of
the other parties.

 

26.       Publicity.
Except as may be required in order for a party to comply with applicable laws, rules, or regulations or to enable a party to
comply with this Agreement, or necessary for GTII to prepare and disseminate any private or public placements of its securities or to
communicate with its shareholders, no press release, notice to any third party or other publicity concerning the transactions contemplated
by this Agreement will be issued, given or otherwise disseminated without the prior written approval of GTII; provided, however, that
such approval will not be unreasonably withheld.

 

If
the foregoing is in accordance with your understanding, please sign this Agreement in the space indicated below and return it to us for
receipt no later than 8:00 p.m. (Eastern Standard Time) on May 25, 2021 (the “Execution Date”), whereupon this Agreement
will become a binding obligation between the parties to the extent provided herein. Furthermore, please send an original executed counterpart
of this Agreement to us by email.

 

[Signature
Pages to Follow]

 

[Remainder
of this Page Intentionally Left Blank]

 

    	Page 11 of 13

     

    

 

Dr.
Vincente Calderon

Mr.
Mario Calderon

My
RetinaDocs LLC

Eyecare
and Eyewear Inc.

May
20, 2021

 

	 	Sincerely,
	 	 	 
	 	Global
    Tech Industries Group, Inc.
	 	 	 
	 	By:
	/s/ Kathy
M. Griffin
	 	 	Kathy
    M. Griffin, President
	 	Dated:	May
    ___, 2021
	 	 	 
	 	By:	/s/
    Frank Benintendo
	 	 	Frank
    Benintendo, Secretary and Vice-Chairman
	 	Dated:	May
    ___, 2021

 

ACKNOWLEDGED
AND AGREED:

 

	My
    Retina Docs LLC	 
	 	 	 
	By:
    	/s/
    Dr. Vincente Calderon	 
	 	Dr.
    Vincente Calderon, Managing Member	 
	Dated:	 May ___, 2021	 
	 	 	 
	My
    Retina LLC Members	 
	 	 	 
	By:
    	/s/
    Dr. Vincente Calderon	 
	 	Dr.
    Vincente Calderon, My RetinaDocs LLC Member Owning	 
	 	50%
of its Equity Interest	 
	Date:	May
    ___, 2021	 
	Email:
    	vincente@aspirehs.com	 
	 	 	 
	By:
    	/s/
    Mr. Mario Calderon	 
	 	Mr.
    Mario Calderon, My RetinaDocs LLC Member Owning	 
	 	50%
of its Equity Interest	 
	Date:	May
    ___, 2021	 
	Email:	mario@aspirehs.com	 

 

    	Page 12 of 13

     

    

 

Dr.
Vincente Calderon

Mr.
Mario Calderon

My
RetinaDocs LLC

Eyecare
and Eyewear Inc.

May
20, 2021

 

	Eyecare
    and Eyewear Inc.	 
	 	 	 
	By:
    	/s/
    Dr. Vincente Calderon	 
	 	Dr.
Vincente Calderon, CEO	 
	 	Eyecare
& Eyewear Inc	 
	 	2799
Elm Street 	 
	 	Oceanside,
NY 11572 	 
	Date:	May
    ___, 2021	 
	Email:
	vincente@aspirehs.com	 
	 	 	 
	Eyecare
    and Eyewear Inc. Shareholders	 
	 	 	 
	By:
    	/s/
    Dr. Vincente Calderon	 
	 	Dr.
    Vincente Calderon, Eyecare & Eyewear Inc shareholder 	 
	 	owning
50% of its authorized and outstanding shares 	 
	 	2799
Elm Street 	 
	 	Oceanside,
    NY 11572 	 
	Date:	May
    ___, 2021	 
	Email:
	vincente@aspirehs.com	 
	 	 	 
	By:
    	/s/
    Mr. Mario Calderon	 
	 	Mr.
Mario Calderon, Eyecare & Eyewear Inc shareholder 	 
	 	owning
    50% of its authorized and outstanding shares	 
	 	2799
Elm Street 	 
	 	Oceanside,
    NY 11572 	 
	Date:	May
    ___, 2021	 
	Email:	mario@aspirehs.com	 

 

    	Page 13 of 13

     

    

 

Schedule
10.7

Material
Changes Expected to Occur

 

	1.	 	 
	 	 	 
	2.	 	 
	 	 	 
	3.	 	 
	 	 	 
	4.	 	 

 

    	Schedule
10.7

     

    

 

Dr.
Vincente Calderon

Mr.
Mario Calderon

My
RetinaDocs LLC

Eyecare
and Eyewear Inc.

May
20, 2021

 
Schedule
10.10

Conflicts

 

The
following shall constitute all prior relationships between GTII or its representatives, and EYES or its representatives. EYES and EYES
Shareholders acknowledge and waive any potential conflicts that may have arisen, or may arise, as by results of said prior relationship.

 

	1.	 	 
	 	 	 
	2.
    	 	 
	 	 	 
	3.	 	 
	 	 	 
	4.	 	 

 

    	Schedule
10.10

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