Document:

Exhibit 10.3(d)

 

Forward Industries, Inc.

Attention: Michael Matte, CFO [mmatte@forwardindustries.com]

 

Re: Promissory Note

 

Sangita/Michael,

 

I am writing you to confirm our discussions
and understanding regarding extending the maturity date of that certain $1.6 million promissory note issued by Forward Industries,
Inc. (the “Company”) to Forward Industries (Asia-Pacific) Corporation to January 17, 2020. Please advise if you agree.

 

Sincerely yours,

 

 

/s/ Terence Wise                                                                                              

Terence Wise, Principal of Forward Industries (Asia-Pacific)
Corporation

 

 

 

 

 

On Behalf of the Company, we agree:

 

 

By:   /s/ Michael Matte                                                                                    

Michael Matte, Chief Financial Officer of Forward IndustriesExhibit 10.1

 

SUPPLY
AND SERVICE AGREEMENT

 

THIS
AGREEMENT (the "Agreement") dated this 24th December 2019, by and between

 

		(1)	Cosmos Group Holdings, Inc., a Nevada corporation (“COSG”, as the “Grantee”),

		(2)	Hong Kong Healthtech Limited, a limited liability company organized under the laws of Hong Kong
(“HKHL”),

		(3)	深圳傅正勤教育科技有限公司Shenzhen
Fu Zheng Qin Education Technology Limited (formerly known as Shenzhen Yongle Innovative Education Limited), a limited company organized
under the laws of the People’s Republic of China (“SZFZQ”) and

		(4)	the Affiliates (as defined under the Share Exchange Agreement) of HKHL and SZFZQ (together with
HKHL and SZFZQ, the “Grantor”).

 

WHEREAS,
Grantor is the sole and exclusive owner of certain intellectual properties including but not limited to patents, knowhow, trade
secrets and other confidential or proprietary information, registered designs, copyrights, design rights, typography rights, trademarks,
service marks, business names, registrations of and applications to register any of the aforesaid items, rights in the nature of
any of the aforesaid items in any country, rights in the nature of unfair competition rights and rights to sue for passing off
in connection with the items the particulars of which are set out in the Appendices I and II.

 

WHEREAS, COSG
and HKHL, among others, signed a Share Exchange Agreement on July 19, 2019 (the “Share
Exchange Agreement”).The Share Exchange Agreement should be terminated by the parties thereto on 27th December
2019.

 

WHEREAS,
COSG and HKHL, among others, signed Intellectual Property Ownership and License Agreement on
July 19, 2019 (the “IP License Agreement”), where COSG was granted a worldwide, non-exclusive, perpetual, royalty-free
and irrevocable right and license to exercise and otherwise exploit the Licensed IP (as defined therein), more particularly described
as 1170 Education Apps, 144 Books, 6 Education software, 4961 publishable pages of Comic drawings, set out in the Appendices I
and II. (hereinafter the “IP”). The IP License Agreement has been terminated by the parties thereto on 27th
December 2019.

 

WHEREAS,
the Grantor hereby agrees to offer to the Grantee overall operational advisory service, and to offer technical support to the Grantee
related to the IP, and grant to the Grantee a worldwide, non-exclusive, perpetual irrevocable right and license to use the IP stated
in the fee schedule set out in the Appendices herein and at a time to be decided by the Grantee with reasonable advance notice
to the Grantor.

 

NOW,
THEREFORE, in consideration of the Service (as defined herein), the IP License, the License Fee as defined herein, the Stock Issue
(as defined herein), the Stock Option and the mutual promises and undertakings herein contained, and for other good and valuable
consideration, the parties agree as follows:

 

		1.	Advisory Service by the Grantor

		(i)	The Grantor hereby agrees to provide overall operational advisory
service in relation to the Business (as defined in the Share Exchange Agreement) (the “Service”),

		(ii)	In consideration of the terms and condition of this Agreement, faCompany
shall issue to the Grantor (or its designated entity) up to an aggregate of 44,000 shares of Company Common Stock (as defined in
the Share Exchange Agreement)(the “Stock Issue”).

 

		2.	Grant of licence by Grantor.

		(i)	Grantor hereby grants to Grantee (including its subsidiaries and Affiliates
as defined in the Share Exchange Agreement) a worldwide, non-exclusive, perpetual irrevocable
right and license to use, exercise and otherwise exploit the IP as set out in the Appendix 1 (the “IP License”).

	 	 	 

 

 

    	 	1	 

     

    

 

	 	 	 

		3.	License Fee

		(i)	For each classroom operated by the Grantee

		(a)	The license fee for the items set out in Appendix 1 is the corresponding one off fee as set out
in Appendix 1 the Offered Price column, subject to further negotiation by the parties within 30 days of the date of this Agreement.
If there is no revision after the aforementioned 30 days, the price in the Offered Price column is deemed to be the final price
under this Agreement. 

		(b)	The license fee for the items set out in Appendix 2 is the 50% of the most recently transacted
price, subject to further negotiation by the parties within 30 days of the date of this Agreement. If there is no revision after
the aforementioned 30 days, the new license fee under this clause (Appendix 2 after 50% discount) is deemed to be the final offer
by the Grantor.

		(ii)	For each student subscribing to the IP, or any platforms or offering containing the IP, the parties
shall negotiate in good faith a tiered annual fee schedule. (the license fee set out in Clauses 3(i) and Clause 3(ii) above, together
the “License Fee”)

 

		4.	Payment of License Fee

		(i)	The payment of License Fee shall be made by the Grantee on a date mutually agreed by the both parties
(consent to which cannot be unreasonably withheld), within the Term of this Agreement, with reasonable advance notice to the Grantor.

 

		5.	Provision of service by Grantor.

		(i)	As covered by the License Fee, the Grantor shall provide technical support to the Grantee or each
end user, to the extent that is reasonable adequate for the Grantee’s commercial purpose and the end users’ usage,
for items in Appendix 1 during the relevant subscription.

 

		6.	Stock Option

		(i)	In consideration of the terms and condition of this Agreement, COSG shall grant stock options (the
“Stock Option”) to the Grantor (or its designated entity) for newly issued shares of COSG in terms set out in
Appendix 3 below.

 

		7.	Term. This Agreement shall commence on the date above written and continue indefinitely (the "Term"),
except that the period for the Service shall be renewable every 10 years by mutual agreement of the Grantor and Grantee.

 

		8.	Termination. This Agreement may be terminated by mutual written consent of the parties under this
Agreement, except that this Agreement shall not be terminable before 5 years.

 

		9.	Further Warranties of Grantor. Other than Clause 1 above, the Grantor hereby further warrants that

		(i)	he and/or his team member(s) will provide the relevant assistance and technology required for the
purpose of the license under this Agreement;

		(ii)	the IP is solely owned by the Grantor and the Grantor is entitled to grant the licenses under this
Agreement;

		(iii)	the IP and its associated rights owned by the Grantor and licensed under this Agreement are valid;

		(iv)	the Grantor has not granted and licensed (whether exclusive or not) to a third party in the Territories;

		(v)	the IP is free and clear of any liens, charges and encumbrances;

		(vi)	there is no granted or pending judgment, injunction or administrative action restricting the use
of the IP;

		(vii)	the Grantor shall inform the Grantee forthwith in case of any changes material to the IP; and

		(viii)	upon the request of the Grantee the Grantor warrants to follow the proper procedures to complete
the transfer the IP to the Grantee.

 

 

 

    	 	2	 

     

    

 

		10.  Indemnity.	The Grantor hereby covenant and undertake to indemnify and keep indemnified the Grantee against
any claim made against the Grantee against any reasonable loss, damage, cost or expense (including all legal costs) or other liability
suffered or incurred by the Grantee arising from all reasonable loss, damage, cost, expense and liability suffered by the Grantee
in connection with or arising out of any disputes concerning the IP and/or non-compliance of the applicable law. The Grantor hereby
further covenants and undertakes to indemnify and keep indemnified the Grantee against any claim made against the Grantee for any
taxation in relation to the IP which was incurred by the Grantor either on or before or in respect of any period within seven (7)
years before the date hereof or in respect of any event happened or transaction done on or within seven (7) years before the date
hereof whether alone or in conjunction with other circumstances and whether or not such taxation is also or alternatively chargeable
against or attributable to any other person firm or company (and so that this indemnity shall cover all reasonable costs and expenses
payable by the Grantor in connection with and for the purpose of contesting, negotiating, resisting, quantifying or disputing any
claim).

 

		11.	Waiver; Modification. No wavier or modification of any of the terms of this Agreement shall be
valid unless in writing. No waiver by either party of a breach hereof or a default hereunder shall be deemed a waiver by such party
of a subsequent breach or default of like or similar nature.

 

		12.	Severability. If any provision in this Agreement contravenes or is otherwise invalid under the
law of any country or subdivision thereof, then such provision insofar as such country or subdivision is concerned shall be deemed
eliminated from this Agreement and the Agreement shall, as so modified, remain valid and binding on the parties hereto and in full
force and effect.

 

		13.	Governmental Licenses, Permits and Approvals. Grantor, at its expense, shall be responsible for
obtaining and maintaining all licenses, permits, approvals, authorizations, and clearances which are required by governmental authorities
with respect to this Agreement, and for compliance with any requirements of governmental authorities for the registration or recordation
of this Agreement and for making any payments required in connection therewith. Grantor shall furnish to Grantee, promptly upon
Grantee's request, written evidence from such governmental authorities of the due issuance and continuing validity of any such
licenses, permits, clearances, authorizations, approvals, registration or recordation.

 

		14.	Governing Laws. This Agreement shall be construed in accordance with the laws of Hong Kong. The
parties hereby submit to the jurisdiction of the courts of Hong Kong in respect to all disputes arising out of or in connection
with this Agreement.

 

		15.	Entire Agreement. This Agreement contains the entire understanding of the parties. There are no
representations, warranties, promises, covenants, or undertakings other than those hereinabove contained.

 

 

 

 

    	 	3	 

     

    

 

 

IN
WITNESS WHEREOF, the parties hereto have caused these presents to be signed by their duly authorized officers and their respective
corporate seals to be hereunto affixed on the date set forth above.

 

 

	
        COSMOS GROUP HOLDINGS, INC.,

        a Nevada corporation
	
        HONG KONG HEALTHTECH LIMITED,

        a Hong Kong limited liability company

	 	 
	 	 
	 	 
	By: /s/ Miky Wan                  	By: /s/ SO Wing Lok Jonathan               
	Miky Wan	So Wing Lok Jonathan
	Chief Executive Officer	Director
	 	 
	 	 
	 	 
	
        

        深圳傅正勤教育科技有限公司(formerly
        known as Shenzhen Yongle Innovative Education Limited) a limited company organized under the laws of the People’s Republic
        of China

         

         

         

         

        By: _________________________________

        董丽丽

        Legal Representative

         

         
	 

 

 

 

 

    	 	4	 

     

    

  

 

Appendix
1

	Product / Series	Description	Unit	Offered Price (RMB)
	
        Milpad Combo

        Milpad套装
	8-subject Science subjects and Digital Academy web platform 八大科目教案 数字学院Web平台

(details set out in Appendix 1.1a)	
        1

         
	¥12,000
	
        144 books (1 set) (details set out in Appendix 1.1b)

        144本配套图书(一套)
	1
	AR Popular Science	
        AR popular science - 6 series (108 animals) education apps

        (details set out in Appendix 1.2)

        AR科普6个系列36款(108类生物)APP
	1	¥0
	
        AR popular science 6 series (108 animals) AR cards

        (details set out in Appendix 1.2)

        AR科普6个系列(108类生物)AR卡片
	1
	Programmed (Coded) Robotic and courses	
        Bee Bolt

        小蜜蜂Bee Bolt
	6	¥8,460.00
	
        Bee Bolt teaching plan

        小蜜蜂Bee Bolt教案
	1
	
        Bee Bolt map

        小蜜蜂地图
	6
	Milpad Combo	
        Milpad +1200APP+HDMI

        Milpad +1200APP+HDMI高清数据线
	3	¥24,000
	AR Popular Science	
        AR HD camera

        AR专用高清摄像头
	1	¥1,000
	`	
        Train the trainer / related training

        AI实验室教学培训(4天)
	1	¥18,000

 

 

 

 

    	 	5	 

     

    

 

Appendix
1.1a

 

	 	
        Number 

        序號
	Copyright Owner著作权人	
        Company Registered Location 

        公司地域所屬
	Title Of Books作品名称	
        Registered Time

        登记时间
	
        

        Certificate Registration Number

        證書登记号
	
        Registration Status

        1. Registered

        2. In Progress

        3. Intended to register

        登記狀況

        1.已登記

        2.登記中

        3.擬登記

	1.1a	1	Shenzhen Yongle Innovative Education Limited.	China	Yongle International Multimedia Innovative Course(Health) 150apps	2016年03月10日	軟著登字第1228009號	Registered
	1.1a	2	Shenzhen Yongle Innovative Education Limited.	China	Yongle International Multimedia Innovative Course(Chinese) 150apps	2016年03月15日	軟著登字第1231615號	Registered
	1.1a	3	Shenzhen Yongle Innovative Education Limited.	China	Yongle International Multimedia Innovative Course(English) 150apps	2016年03月15日	軟著登字第1231620號	Registered
	1.1a	4	Shenzhen Yongle Innovative Education Limited.	China	Yongle International Multimedia Innovative Course(Moral Education) 150apps	2016年03月15日	軟著登字第1232744號	Registered
	1.1a	5	Shenzhen Yongle Innovative Education Limited.	China	Yongle International Multimedia Innovative Course(Math) 150apps	2016年03月15日	軟著登字第1232794號	Registered
	1.1a	6	Shenzhen Yongle Innovative Education Limited.	China	Yongle International Multimedia Innovative Course(Art) 150apps	2016年03月16日	軟著登字第1234094號	Registered
	1.1a	7	Shenzhen Yongle Innovative Education Limited.	China	Yongle International Multimedia Innovative Course(Science) 150apps	2016年03月17日	軟著登字第1234367號	Registered
	1.1a	8	Shenzhen Yongle Innovative Education Limited.	China	Yongle International Multimedia Innovative Course(Chinese Culture) 120apps	2016年03月18日	軟著登字第1236150號	Registered

 

 

 

 

 

 

 

    	 	6	 

     

    

 

 

Appendix
1.1b

 

	 	
        Number 

        序號
	Copyright Owner著作权人	
        Company Registered Location 

        公司地域所屬
	Title Of Books作品名称	
        Registered Time

        登记时间
	
        

        Certificate Registration Number

        證書登记号
	
        Registration Status

        1. Registered

        2. In Progress

        3. Intended to register

        登記狀況

        1.已登記

        2.登記中

        3.擬登記

	1.1b	15	Shenzhen Yongle Innovative Education Limited.	China	Yongle Children's Book (English) K1	2016年07月20日	国作登字-2016-L-00291027	Registered
	1.1b	16	Shenzhen Yongle Innovative Education Limited.	China	Yongle Children's Book (English) K2	2016年07月20日	国作登字-2016-L-00291028	Registered
	1.1b	17	Shenzhen Yongle Innovative Education Limited.	China	Yongle Children's Book (English) K3	2016年07月20日	国作登字-2016-L-00291029	Registered
	1.1b	18	Shenzhen Yongle Innovative Education Limited.	China	Yongle Children's Book (Chinese) K1	2017年06月13日	国作登字-2017-L-00471828	Registered
	1.1b	19	Shenzhen Yongle Innovative Education Limited.	China	Yongle Children's Book (Chinese) K2	2017年06月13日	国作登字-2017-L-00471827	Registered
	1.1b	20	Shenzhen Yongle Innovative Education Limited.	China	Yongle Children's Book (Chinese) K3	2017年06月13日	国作登字-2017-L-00471826	Registered
	1.1b	21	Shenzhen Yongle Innovative Education Limited.	China	Yongle Children's Book (Math) K1	2017年06月13日	国作登字-2017-L-00471831	Registered
	1.1b	22	Shenzhen Yongle Innovative Education Limited.	China	Yongle Children's Book (Math) K2	2017年06月12日	国作登字-2017-L-00471732	Registered
	1.1b	23	Shenzhen Yongle Innovative Education Limited.	China	Yongle Children's Book (Math) K3	2017年06月12日	国作登字-2017-L-00471731	Registered
	1.1b	24	Shenzhen Yongle Innovative Education Limited.	China	Yongle Children's Book (Logic) K1	2017年06月13日	国作登字-2017-L-00471830	Registered
	1.1b	25	Shenzhen Yongle Innovative Education Limited.	China	Yongle Children's Book (Logic) K2	2017年06月13日	国作登字-2017-L-00471829	Registered
	1.1b	26	Shenzhen Yongle Innovative Education Limited.	China	Yongle Children's Book (Logic) K3	2017年06月12日	国作登字-2017-L-00471819	Registered

 

 

 

 

 

    	 	7	 

     

    

 

Appendix
1.2

 

	 	
        Number 

        序號
	Copyright Owner著作权人	
        Company Registered Location 

        公司地域所屬
	Title Of Books作品名称	
        Registered Time

        登记时间
	
        

        Certificate Registration Number

        證書登记号
	
        Registration Status

        1. Registered

        2. In Progress

        3. Intended to register

        登記狀況

        1.已登記

        2.登記中

        3.擬登記

	1.2	9	Shenzhen Yongle Innovative Education Limited.	China	Yongle Innovative Course(Insects) (AR computer software copyright)	2017年3月22日	軟著登字第1672664號	Registered
	1.2	10	Shenzhen Yongle Innovative Education Limited.	China	Yongle Innovative Course(Marine life) (AR computer software copyright)	2017年3月23日	軟著登字第1673627號	Registered
	1.2	11	Shenzhen Yongle Innovative Education Limited.	China	Yongle Innovative Course(Dinosaur) (AR computer software copyright)	2017年3月27日	軟著登字第1677218號	Registered
	1.2	12	Shenzhen Yongle Innovative Education Limited.	China	Yongle Innovative Course(Terrestrail Animal) (AR computer software copyright)	2017年3月28日	軟著登字第1678733號	Registered
	1.2	13	Shenzhen Yongle Innovative Education Limited.	China	Yongle Innovative Course(Reptile) (AR computer software copyright)	2017年3月30日	軟著登字第1683068號	Registered
	1.2	14	Shenzhen Yongle Innovative Education Limited.	China	Yongle Innovative Course(Birds) (AR computer software copyright)	2017年3月31日	軟著登字第1683956號	Registered

 

 

 

 

 

 

    	 	8	 

     

    

 

Appendix
2

 

	可出版漫画2015-1-22 Publishable Comics 2015-1-22
	故事名称 (Story Name)	黑线稿 (Black)	色稿 (Colour)	印刷稿(AI)	推广稿(JPG)	总页数 Total Pages
	仓鼠网络漫画	 	 	 	 	 
	哈皮运动场(篮球争霸赛)	#1-#12	#1-#12	#1-#12	#1-#12	120p
	     (接力赛)	#1-#4	#1-#4	#1-#4	#1-#4	40p
	       (完美射击)	#1-#4	#1-#4	#1-#4	#1-#4	40p
	爱新奇,爱搞事(唱歌家与科学家)	#1	#1	#1	#1	10p
	        (消极药丸)	#1	#1	#1	#1	10p
	             (爱新奇旦学发明)	#1-#2	#1-#2	#1-#2	#1-#2	20p
	             (我发明超级炸弹)	#1-#4	#1-#4	#1-#4	#1-#4	40p
	         (动作捕捉器)	#1-#2	#1-#2	#1-#2	#1-#2	20p
	             (厌食的爱搞事旦)	#1-#2	#1-#2	#1-#2	#1-#2	20p
	             (妈妈的生日礼物)	#1-#4	#1-#4	#1-#4	#1-#4	40p
	       (正义使者)	#1-#4	#1-#4	#1-#4	#1-#4	40p
	狐经理的打工日记(招工那些事儿)	#1-#4	#1-#4	#1-#4	#1-#4	40p
	         (梦工厂)	#1-#4	#1-#4	#1-#4	#1-#4	40p
	                 (盖世武侠的陪练)	#1-#4	#1-#4	#1-#4	#1-#4	40p
	           (奇逢敌手)	#1-#4	#1-#4	#1-#4	#1-#4	40p
	           (非常保镖)	#1-#4	#1-#4	#1-#4	#1-#4	40p
	小糖旦的公主梦(公主与巨龙)	#1-#4	#1-#4	#1-#4	#1-#4	40p
	                  (多头史小龙的反攻)	#1-#2	#1-#2	#1-#2	#1-#2	20p
	                (水晶城和不笑兔)	#1-#4	#1-#4	#1-#4	#1-#4	40p
	                    (寻找生命之国的眼泪)	#1-#5	#1-#5	#1-#5	#1-#5	50p
	              (黑巫婆的诅咒)	#1-#3	#1-#3	#1-#3	#1-#3	30p
	            (再见水晶城)	#1-#4	#1-#4	#1-#4	#1-#4	40p
	 	 	 	仓鼠网络漫画总页数 (Subtotal)	820p
	仓鼠乐园漫画	#1-#69	#1-#69	#1-#69	#1-#69	1560p
	因之前出版原因: (1-13,16,18-62期是从6-7页开始)	 	 	 	 	 
	            (14,15,17期是从26-27页开始)	 	 	 	 	 
	       (63-69期是从1-2页开始)	 	 	 	 	 
	注 :	#1 (jpg:P6-27)(ai:P28-45)
	#2 (ai:P6-23)(jpg:P24-45)
	#1-#9	#1-#9	#1-#9	#1-#9	每回40p (per round)
	#10-#69	#10-#69	#10-#69	#10-#69	每回20p (per round)
	仓鼠365天小故事	 	 	 	 	 
	A系列	#1-#53	#1-#53	#1-#53	#1-#53	265p
	B系列	#1-#25	#1-#25	#1-#25	#1-#25	125p
	C系列	#1-#25	#1-#25	#1-#25	#1-#25	125p
	D系列	#1-#22	#1-#22	#1-#22	#1-#22	110p
	E系列	#1-#17	#1-#17	#1-#17	#1-#17	85p
	 	#1-#47	#1-#47	#1-#47	#1-#47	235p
	 	 	 	仓鼠365天小故事总页数 (Subtotal)	945p
	傻猫干大事	#1-#41	#1-#41	#1-#41	#1-#41	820p
	爸妈小时代	#1-#5	#1-#5	#1-#5	#1-#5	99p
	2020超新世纪	#1-#5	#1-#5	#1-#5	#1-#5	100p
	狐狸四格漫画	#1-#2	#1-#2	#1-#2	#1-#2	60p
	雷霆战友 (封面1页,内文稿P1-7)共8页,而版头是封面重用的就是第9页	8p	9p	9p	9p	9p
	树懒亚DO	#1-#3	#1-#3	#1-#3	#1-#3	90p
	太空小英雄—科普书	#1、#2、#3第一回	#1、#2、#3第一回	#1、#2、#3第一回	#1、#2、#3第一回	378p
	太空小英雄	#1-#3	#1-#3	#1-#3	#1-#3	80p
	所有可出版漫画总页数Publishable Comics : 4961p

 

 

 

    	 	9	 

     

    

 

Appendix
3 – Stock Option Terms

 

 

	Issue	Details
	
        Capped number of shares granted under the Stock
        Option:

         
	to be agreed by the Parties within one month of the date of this Agreement
	Date when the Stock Option can be exercised:	to be agreed by the Parties within one month of the date of this Agreement 
	Exercise price of the option (being a % discount of the then trading price of COSG Common Stock)	to be agreed by the Parties within one month of the date of this Agreement
	 	 

 

 

 

 

 

 

 

 

    	 	10

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00303-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00303-of-00352.parquet"}]]