Document:

EMPLOYMENT
CONTRACT

 

EMPLOYMENT
CONTRACT (“Contract”‘), between Greenpro Holding Limited which is a wholly owned subsidiary of Greenpro
Capital Corp., a Corporation incorporated in Nevada. United States of America, with a business office at Rm 1701-, 17/F, The Metropolis
Tower, 10 Metropolis Drive, Hung Hom, Hong Kong (hereinafter referred as “GREENPRO”), and Mr. LEE Chong Kuang of Malaysia
ID No: 730902-06-5335 of D-6-3A, D’Alamanda Pudu Impian IV, No. 2, Jalan Pudu Ulu 56100, Kuala Lumpur, Malaysia (hereinafter
referred as “CK”).

 

WHEREAS,
GREENPRO wishes to engage the services of CK as Chief Executive Officer and,

 

WHEREAS,
CK is willing to provide his services and to undertake the duties and responsibilities described below and to enter into this
Contract for such period upon the terms and conditions hereinafter set forth

 

NOW,
THEREFORE, in consideration of the mutual covenants and conditions herein contained, all prior Contracts between the parties arc
waived and of no further effect, and the parties to this Contract agree as follows:

 

	1.	EMPLOYMENT

 

GREENPRO
shall contract with CK, and CK shall serve as Chief Executive Officer during the term of employment set forth in Paragraph 2 of
this Contract. GREENPRO is engaged in the Asia Pacific region, covering including Hong Kong, China, Malaysia, Singapore, Indonesia,
Thailand, Taiwan, etc., in providing services such as corporate advisory, financial review and asset protection, and CK shall
serve GREENPRO as a key member of its’ management team to develop and operate such business.

 

	2.	TERM

 

The
term of this Contract shall be for the period of three (3) years commencing on September 1, 2017 and ending August 31, 2020 and
any extension thereof.

 

	3.	JOB
                                         TITLE AND DUTIES

 

		3.1	Title
                                         and Duties

 

CK
shall be designated by GREENPRO as Chief Executive Officer and during the term of this contract shall have responsibilities commensurate
with his title and position with GREENPRO. Concurrently, CK shall be designated Chief Executive Officer of any and all subsidiaries,
associated companies, affiliated companies and related companies of GREENPRO. And during the term of this contract shall have
responsibilities commensurate with his title and position with GREENPRO. CK shall devote his attention to, and exert his best
efforts in the performance of his duties hereunder, so as to promote the business of GREENPRO and other subsidiaries, associated
companies, and related companies. Further, the Company acknowledges that CK retains his position as CEO of GREENPRO. CK is required
to spend a substantial amount of time in other country/territory or on site with clients of GREENPRO where necessary or appropriate
from time to time to carry out the job and duties properly and effectively.

 

		3.2	Confidential
                                         Information

 

CK
shall not, directly or indirectly, or at any time, during the term of this contract hereunder or thereafter and without regard
to when or for what reason, if any, use or permit the use of any trade secrets, customers’ lists, or other information of,
or relating to GREENPRO, or any such subsidiary or affiliate in connection with any activity or business, except the business
of GREENPRO or any such subsidiary or affiliate and shall not divulge such trade secrets, customer’s lists, and information
to any person, firm, or corporation whatsoever, except as may be necessary in the performance of her duties hereunder or as may
be required by any applicable law or determination of any duly constituted administrative agency.

 

    	1 

    	 

    

 

	4.	COMPENSATION
                                         AND EXPENSES

 

		4.1	Salary

 

GREENPRO
shall pay CK during the Term of Employment a total monthly salary (“salary”) of USD 13,000 i.e. US Dollar Thirteen
Thousand Only or an equivalent in Hong Kong Dollars.

 

		4.2	Business
                                         Expenses

 

GREENPRO
will reimburse CK for all reasonable expenses properly incurred by CK in the performance of his duties hereunder, upon presentation
of properly itemized charges, receipts and /or similar documentation, and otherwise in accordance with policies established from
time to time by the Board of Directors of GREENPRO.

 

		4.3	Housing
                                         Allowance

 

In
addition to his salary CK shall be entitled to a monthly housing allowance of USD 2,000 or an equivalent amount in Hong Kong Dollars,
payable monthly. This allowance will be paid directly to CK who will be responsible for negotiating and concluding his own contractual
arrangements for housing and making all relevant payments.

 

		4.4	Stock
                                         Options

 

CK
will also be entitled to any other stock options as maybe authorized from time to time by the GREENPRO Directors. In the case
of a corporate takeover of GRRENPRO, all options will become fully vested immediately upon such an event occurring.

 

		4.5	Work
                                         Location

 

CK’s
place of work shall be as agreed with the GREENPRO Board of Directors from time to time depending on the job requirement. CK is
required to spend a substantial amount of time in other countries in the Asian Pacific Region, including Hong Kong, China, Malaysia,
Thailand, Taiwan, Singapore and Australia.

 

	5.	BENEFITS

 

		5.1	Holidays
                                         and Annual Vacation Leave

 

CK
shall be entitled to all public holidays in the country/territories where he is located at the time, in addition, to annual vacation
leave which shall accrue on a pro rata basis during the contract term at the rate of eighteen (18) days per annum which vacation
and/or personal day(s) shall be taken by him at such time or times as are consistent with the needs of the business of GREENPRO.

 

		5.2	Health
                                         Insurance

 

CK
shall be entitled to be enrolled in a corporate health insurance program which may be implemented by GREENPRO or one of its’
affiliates. The enrolment will be as at executive status and will entitle CK to the same coverage as provided to other executives
of GREENPRO or its’ affiliates.

 

		5.3	Indemnification

 

CK
shall be indemnified by GREENPRO to the fullest extent provided under the indemnification provisions of the By-Laws and/or Certificate
of Incorporation presently in existence, or, to the extent that the scope of such indemnification is greater, under any amendments
to the By Laws and/or Certificate of Incorporation. To the extent that GREENPRO obtains indemnification insurance for its officers
and/or directors, such insurance shall also cover CK to the same extent.

 

	6.	TERMINATION
                                         AND SEVERANCE PAYMENT

 

		6.1	Termination

 

Upon
the occurrence of an event of termination (as hereinafter defined) during the period of CK’s employment under the Contract,
the provisions of this Paragraph 6 shall apply. As used in this Contract an “event of termination” shall mean and
include any one or more of the following:

 

		6.2	Non
                                         Recruitment

 

Should
CK terminate his employment with GREENPRO within the contract period, CK agrees not to recruit any employee of GREENPRO to work
for either, (i) a new company established to engage in the same business of GREENPRO or (ii) with other Companies who directly
compete with GREENPRO for a period of 6 months.

 

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		7.	INTELLECTUAL
                                                                                                                                                                                                                                 PROPERTY

 

Any
idea, invention, design, written material, manual, system, procedure, improvement, development or discovery conceived, developed,
created or made by CK alone or with others relating to the business of GREENPRO or any of its’ subsidiaries or affiliates
during the contract period and whether or not patentable or registerable, shall become the sole and exclusive property of GREENPRO.
CK shall disclose the same promptly and completely to GREENPRO and shall, during the employment period (i) execute all documents
required by GREENPRO for vesting in GREENPRO the entire right, title and interest in and to same, (ii) execute all documents required
by GREENPRO for filing and prosecuting such applications for patents, trademarks, service marks and/or copyrights as GREENPRO,
in its’ sole discretion, any desire to prosecute, and (iii) give GREENPRO all assistance it reasonably require, including
the giving of testimony in any suit, action or proceeding, in order to obtain, maintain and protect GREENPRO’s rights therein
and thereto.

 

		8.	ASSIGNMENT

 

This
Contract and any rights (including CK’s Compensation) hereunder shall not be assigned, pledged or transferred in any way
by either party hereto except that GREENPRO shall have, with CK’s consent, the right to assign its’ rights hereunder
to any third party successor in interest of GREENPRO whether by merger, consolidation, purchase of assets or stock or otherwise.
Any attempted assignment, pledge, transfer or other disposition of this Contract or any rights, interests or benefits contrary
to the foregoing provisions shall be null and void.

 

		9.	NOTICES

 

All
notices, requests, demands and other communications hereunder must be in writing and shall be deemed to have been duly given if
delivered by hand, sent by facsimile, or mailed by first class, registered mail, return receipt requested, postage and registry
fees prepaid to the applicable party and addressed as follows:

 

(i)
If to be sent to GREENPRO

Greenpro
Capital Corp.

Rm
1701-03, 17/F, The Metropolis Tower,

10
Metropolis Drive, Hung Hom, Hong Kong

 

(ii)
If to be sent to CK

D-6-3A,
D’Alamanda Pudu h Impian IV, No. 2, Jalan Pudu Ulu 56100, Kuala Lumpur, Malaysia

 

		10.	SEVERABILITY

 

If
any provision of this Contract shall, for any reason, be adjudged by any court of competent jurisdiction to be invalid or unenforceable,
such judgment shallnot affect, impair or invalidate the remainder of this Contract but shall be confined in its’ operation
to the jurisdiction in which it was made and to the provisions of this Contract directly involved in the controversy in which
such judgment shall have been rendered.

 

		11.	WAIVER

 

No
course of dealing and no delay on the part of any party hereto in exercising any right, power, or remedy under or relating to
this Contract shall operate as a waiver thereof or otherwise prejudice such party’s rights, powers and remedies. No single
or partial exercise of any rights, powers or remedies under or relating to this Contract shall preclude any other or further exercise
thereof or the exercise of any other right, power or remedy.

 

		12.	ENTIRE
                                         CONTRACT/GOVERNING LAW

 

This
Contract embodies the entire wider standing and supersedes all other oral or written Contracts or understandings, between the
parties regarding the subject matter hereof. No change, alteration, or modification hereof may be made except in writing signed
by both parties hereto. This Contract shall be construed and governed in all respect and shall at times be determined in accordance
with the laws Hong Kong.

 

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		13.	HEADINGS

 

The
headings of Paragraphs herein are included solely for convenience of reference and shall not control the meaning or interpretation
of any of the provisions of this Contract.

 

IN
WITNESS WHEREOF,

the
parties hereto have executed and delivered the Contract, consisting of four (4) pages on this 28th day of July 2017.

 

	For and on behalf of Greenpro Holding Limited. 	 	Accepted
    and Agreed by:
	 	 	 	 
	By:	/s/
    Loke Che Chan, Gilbert	 	/s/
    Lee Chong Kuang 
		 Mr.Loke Che Chan, Gilbert	 	LEE
    Chong Kuang
	 	Position:
    Director	 	Date:
    July 28, 2017
	 	Date:
    July 28, 2017	 	

 

    	4INDEPENDENT
DIRECTOR AGREEMENT

 

This
INDEPENDENT DIRECTOR AGREEMENT is dated on October 18, 2015 (the “Agreement”) by and between GREENPRO CAPITAL CORP.,
a Nevada corporation (the “Company”), Chuchottaworn Srirat, an individual resident of Thailand (the “Director”).

 

WHEREAS,
the Company desires to retain the Director for the duties of independent director effective as of the date hereof and member of
the audit committee effective as of 23rd of March, 2016 (the “Effective Date”) and desires to enter into
an agreement with the Director with respect to such appointment; and

 

WHEREAS,
the Director is willing to accept such appointment and to serve the Company on the terms set forth herein and in accordance with
the provisions of this Agreement.

 

NOW,
THEREFORE, in consideration of the mutual covenants contained herein, the parties hereto agree as follows:

 

1.
Position. Subject to the terms and provisions of this Agreement, the Company shall cause the Director to be appointed,
and the Director hereby agrees to serve the Company in such position upon the terms and conditions hereinafter set forth, provided,
however, that the Director’s continued service on the Board of Directors of the Company (the “Board”)
after the initial one-year term on the Board shall be subject to any necessary approval by the Company’s stockholders.

 

2.
Duties. During the Directorship Term (as defined herein), the Director make reasonable business efforts to attend all Board
meetings and quarterly pre-scheduled Board and Management conference calls, serve on appropriate subcommittees as reasonably requested
and agreed upon by the Board, make himself available to the Company at mutually convenient times and places, attend external meetings
and presentations when agreed on in advance, as appropriate and convenient, and perform such duties, services and responsibilities,
and have the authority commensurate to such position.

 

3.
Compensation. For all services to be rendered by the Director in any capacity hereunder, the Compensation Committee of
the Board of Directors of the Company would determine the compensation packages of the Directors from time to time. This shall
remain in effect until the earlier of the date of the next annual stockholders meeting and the earliest of the following to occur:
(a) the death of the Director; (b) the termination of the Director from his membership on the Board by the mutual agreement of
the Company and the Director; (c) the removal of the Director from the Board by the majority stockholders of the Company; and
(d) the resignation by the Director from the Board.

 

4.
Directorship Term. The “Directorship Term,” as used in this Agreement, shall mean the period commencing on
the Effective Date and terminating on the earlier of the date of the next annual stockholders meeting and the earliest of the
following to occur: (a) the death of the Director; (b) the termination of the Director from his membership on the Board by the
mutual agreement of the Company and the Director; (c) the removal of the Director from the Board by the majority stockholders
of the Company; and (d) the resignation by the Director from the Board.

 

5.
Director’s Representation and Acknowledgment. The Director represents to the Company that his execution and performance
of this Agreement shall not be in violation of any agreement or obligation (whether or not written) that he may have with or to
any person or entity, including without limitation, any prior or current employer. The Director hereby acknowledges and agrees
that this Agreement (and any other agreement or obligation referred to herein) shall be an obligation solely of the Company, and
the Director shall have no recourse whatsoever against any stockholder of the Company or any of their respective affiliates with
regard to this Agreement.

 

    	 	 	 

    	 

    

 

6.
Director Covenants.

 

(a)
Unauthorized Disclosure. The Director agrees and understands that in the Director’s position with the Company, the
Director has been and will be exposed to and receive information relating to the confidential affairs of the Company, including,
but not limited to, technical information, business and marketing plans, strategies, customer information, other information concerning
the Company’s products, promotions, development, financing, expansion plans, business policies and practices, and other
forms of information considered by the Company to be confidential and in the nature of trade secrets. The Director agrees that
during the Directorship Term and thereafter, the Director will keep such information confidential and will not disclose such information,
either directly or indirectly, to any third person or entity without the prior written consent of the Company; provided,
however, that (i) the Director shall have no such obligation to the extent such information is or becomes publicly known
or generally known in the Company’s industry other than as a result of the Director’s breach of his obligations hereunder
and (ii) the Director may, after giving prior notice to the Company to the extent practicable under the circumstances, disclose
such information to the extent required by applicable laws or governmental regulations or judicial or regulatory process. This
confidentiality covenant has no temporal, geographical or territorial restriction. Upon termination of the Directorship Term,
the Director will promptly return to the Company and/or destroy at the Company’s direction all property, keys, notes, memoranda,
writings, lists, files, reports, customer lists, correspondence, tapes, disks, cards, surveys, maps, logs, machines, technical
data, other product or document, and any summary or compilation of the foregoing, in whatever form, including, without limitation,
in electronic form, which has been produced by, received by or otherwise submitted to the Director in the course or otherwise
as a result of the Director’s position with the Company during or prior to the Directorship Term, provided that the
Company shall retain such materials and make them available to the Director if requested by him in connection with any litigation
against the Director under circumstances in which (i) the Director demonstrates to the reasonable satisfaction of the Company
that the materials are necessary to his defense in the litigation and (ii) the confidentiality of the materials is preserved to
the reasonable satisfaction of the Company.

 

(b)
Non-Solicitation. During the Directorship Term and for a period of three (3) years thereafter, the Director shall not interfere
with the Company’s relationship with, or endeavor to entice away from the Company, any person who, on the date of the termination
of the Directorship Term and/or at any time during the one year period prior to the termination of the Directorship Term, was
an employee or customer of the Company or otherwise had a material business relationship with the Company.

 

(c)
Non-Compete. The Director agrees that during the Directorship Term and for a period of three (3) years thereafter, he shall
not in any manner, directly or indirectly, through any person, firm or corporation, alone or as a member of a partnership or as
an officer, director, stockholder, investor or employee of or consultant to any other corporation or enterprise; engage in the
business of developing, marketing, selling or supporting technology to or for businesses in which the Company engages in or in
which the Company has an actual intention, as evidenced by the Company’s written business plans, to engage in, within any
geographic area in which the Company is then conducting such business. Nothing in this Section 6 shall prohibit the Director from
being (i) a stockholder in a mutual fund or a diversified investment company or (ii) a passive owner of not more than three percent
of the outstanding stock of any class of securities of a corporation, which are publicly traded, so long as the Director has no
active participation in the business of such corporation.

 

(d)
Insider Trading Guidelines. Director agrees to execute the Company’s Insider Trading Guidelines in the form attached
hereto.

 

(e)
Remedies. The Director agrees that any breach of the terms of this Section 6 would result in irreparable injury and damage
to the Company for which the Company would have no adequate remedy at law; the Director therefore also agrees that in the event
of said breach or any threat of breach, the Company shall be entitled to an immediate injunction and restraining order to prevent
such breach and/or threatened breach and/or continued breach by the Director and/or any and all entities acting for and/or with
the Director, without having to prove damages or paying a bond, in addition to any other remedies to which the Company may be
entitled at law or in equity. The terms of this paragraph shall not prevent the Company from pursuing any other available remedies
for any breach or threatened breach hereof, including, but not limited to, the recovery of damages from the Director. The Director
acknowledges that the Company would not have entered into this Agreement had the Director not agreed to the provisions of this
Section 6.

 

(f)
The provisions of this Section 6 shall survive any termination of the Directorship Term, and the existence of any claim or cause
of action by the Director against the Company, whether predicated on this Agreement or otherwise, shall not constitute a defense
to the enforcement by the Company of the covenants and agreements of this Section 6.

 

7.
Indemnification. The Company agrees to indemnify the Director for his activities as a member of the Board to the fullest
extent permitted under applicable law and shall use its best efforts to maintain Directors and Officers Insurance benefitting
the Board.

 

8.
Non-Waiver of Rights. The failure to enforce at any time the provisions of this Agreement or to require at any time performance
by the other party hereto of any of the provisions hereof shall in no way be construed to be a waiver of such provisions or to
affect either the validity of this Agreement or any part hereof, or the right of either party hereto to enforce each and every
provision in accordance with its terms. No waiver by either party hereto of any breach by the other party hereto of any provision
of this Agreement to be performed by such other party shall be deemed a waiver of similar or dissimilar provisions at that time
or at any prior or subsequent time.

 

    	 

     

    

 

9.
Notices. Every notice relating to this Agreement shall be in writing and shall be given by personal delivery or by registered
or certified mail, postage prepaid, return receipt requested; to:

 

If
to the Company:

 

Greenpro
Capital Corp.

Rm
2201, 22/F, Malaysia Building,

50
Gloucester Road, Wanchai

Attn:
Lee Chong Kuang

 

If
to the Director:

 

Chuchottaworn
Srirat

24
Soi Intamara 51, Dindaeng,

Bangkok
10400, THAILAND,

 

Either
of the parties hereto may change their address for purposes of notice hereunder by giving notice in writing to such other party
pursuant to this Section 9.

 

10.
Binding Effect/Assignment. This Agreement shall inure to the benefit of and be binding upon the parties hereto and their
respective heirs, executors, personal representatives, estates, successors (including, without limitation, by way of merger) and
assigns. Notwithstanding the provisions of the immediately preceding sentence, neither the Director nor the Company shall assign
all or any portion of this Agreement without the prior written consent of the other party.

 

11.
Entire Agreement. This Agreement (together with the other agreements referred to herein) sets forth the entire understanding
of the parties hereto with respect to the subject matter hereof and supersedes all prior agreements, written or oral, between
them as to such subject matter.

 

12.
Severability. If any provision of this Agreement, or any application thereof to any circumstances, is invalid, in whole
or in part, such provision or application shall to that extent be severable and shall not affect other provisions or applications
of this Agreement.

 

13.
Governing Law. This Agreement shall be governed by and construed in accordance with the laws of the State of Nevada, without
reference to the principles of conflict of laws. All actions and proceedings arising out of or relating to this Agreement shall
be heard and determined in any court in Federal and the parties hereto hereby consent to the jurisdiction of such courts in any
such action or proceeding; provided, however, that neither party shall commence any such action or proceeding unless
prior thereto the parties have in good faith attempted to resolve the claim, dispute or cause of action which is the subject of
such action or proceeding through mediation by an independent third party.

 

14.
Legal Fees. The parties hereto agree that the non-prevailing party in any dispute, claim, action or proceeding between
the parties hereto arising out of or relating to the terms and conditions of this Agreement or any provision thereof (a “Dispute”),
shall reimburse the prevailing party for reasonable attorney’s fees and expenses incurred by the prevailing party in connection
with such Dispute; provided, however, that the Director shall only be required to reimburse the Company for its
fees and expenses incurred in connection with a Dispute if the Director’s position in such Dispute was found by the court,
arbitrator or other person or entity presiding over such Dispute to be frivolous or advanced not in good faith.

 

15.
Modifications. Neither this Agreement nor any provision hereof may be modified, altered, amended or waived except by an
instrument in writing duly signed by the party to be charged.

 

16. Tense and Headings. Whenever any words used herein are in the singular form, they shall be construed as though
they were also used in the plural form in all cases where they would so apply. The headings contained herein are solely for the
purposes of reference, are not part of this Agreement and shall not in any way affect the meaning or interpretation of this Agreement.

 

17.
Counterparts. This Agreement may be executed in two or more counterparts, each of which shall be deemed to be an original
but all of which together shall constitute one and the same instrument.

 

[signature
page follows]

 

    	 

     

    

 

IN
WITNESS WHEREOF, the Company has caused this Director Agreement to be executed by authority of its Board of Directors, and the
Director has hereunto set his hand, on the day and year first above written.

 

	 	GREENPRO CAPITAL CORP.
	 	 	 
	 	By:	/s/
    Lee Chong Kuang
	 	 	Lee
    Chong Kuang
	 	 	Chief
    Executive Officer and Director
	 	 	 
	 	 	DIRECTOR
	 	 	/s/
Chuchottaworn Srirat
	 	 	Chuchottaworn
    Srirat

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