Document:

Exhibit 10.16

 

EMPLOYMENT CONTRACT

 

BETWEEN:  AGM
Group Holdings Inc., a company legally incorporated under the laws of the British Virgin Islands, with its mailing address at Room
2112, Dong Ta, Wang Zuo Zhong Xin, 1 Jinghua Street South, Chaoyang District, Beijing, China, declaring duly authorized, (hereinafter
referred to “AGM”)

 

AND:   Mr. Zhentao
Jiang, residing at Room 2211, Dong Ta, Wang Zuo Zhong Xin, 1 Jinghua Street South, Chaoyang District, Beijing China.

 

AGM and Mr. Zhentao Jiang hereinafter collectively
called “Parties”.

 

1. PREAMBLE

 

The preamble is an integral part of this
contract.

 

WHEREAS AGM requires the services of Mr.
Zhentao Jiang as Chairman of the board (DIRECTORS);

 

WHEREAS Mr. Zhentao Jiang agreed to provide
AGM his full-time services as DIRECTORS;

 

WHEREAS the parties wish to confirm their
agreement in writing;

 

WHEREAS the parties have the capacity and
quality of exercise all the rights necessary for the conclusion and implementation of the agreement found in this contract;

 

THEREFORE THE FOREGOING, THE PARTIES AGREE
AS FOLLOWS:

 

2. PURPOSE

 

2.1 Services

 

Mr. Zhentao Jiang agrees to assume full-time
for AGM (minimum of forty (40) hours per week) the role of DIRECTORS during the entire duration of the contract;

 

2.2 Term

 

This contract is for an initial term of
24 months( From January 1, 2016 to January 1, 2018) renewable for an additional period of 24  months
unless either party terminates it in writing at least three (3) months before the expiration of the initial term;

 

     

     

    

 

3. CONSIDERATION

 

3.1 Service Awards

 

In consideration of the provision of services,
AGM to pay Mr. Zhentao Jiang, as compensation;

 

The gross amount of US$ 180,000 annually
is calculated at the rate of twelve (12) equal monthly installments consecutively of US$15,000 each, less withholding taxes
applicable.

 

3.2 Expenditure incurred

 

AGM will reimburse Mr. Zhentao Jiang all
reasonable expenses incurred in connection with this Agreement, upon presentation of appropriate documentation;

 

3.3 Terms and conditions of payment

 

3.3.1 The price payable by AGM to
Mr. Zhentao Jiang is as follows:

 

3.3.2 The sum of US$15,000 shall be paid
on the 1th of each month from January 1th, 2016.

 

3.3.3 Expenses will be reimbursed on presentation
of an expense account on the 24th of each month.

 

4. SPECIAL PROVISIONS

 

4.1 Obligations of AGM

 

AGM agrees and undertakes to Mr. Zhentao
Jiang as follows:

 

AGM to bring Mr. Zhentao Jiang collaboration
and will provide information necessary to ensure the full and faithful discharge of services to be rendered;

 

4.2 Obligation to Mr. Zhentao Jiang

 

Mr. Zhentao Jiang agrees and undertakes
to AGM to the following:

 

The services must be made full time in
a professional manner, according to the rules generally accepted by industry.

 

    	 	2	 

     

    

 

4.3 Commitment to confidentiality and
nondisclosure

 

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

 

a) keep confidential and not disclose the
information;

 

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

 

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

 

4.4 Exclusivity of service provider

 

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

 

4.5 Responsibilities 

 

4.5.1 Assist decision-makers in formulating
the company’s development strategy.

 

4.5.2 Assist the President / General Manager
in developing business plans, and coordinate functional departments deploy and implement business plan;

 

4.5.3 Collect internal and external information
as well as relevant market information, analyze and coordinate business development;

 

4.5.4 Assist the President / General Manager
in guiding, supervising, managing and implementing all work and tasks;

 

4.5.5 Preside the office meeting, check,
supervise and coordinate the work progress of various functional departments, coordinate and guide the work of the Department Managers;

 

4.5.6 Deal with and coordinate daily affairs
and public affairs;

 

4.5.7 Take full responsibility of the group’s
operations management and brand promotion.

 

4.6 Relationship between the parties

 

Neither party may bind the other in any
way whatsoever to anyone, except in accordance with the provisions of this contract.

 

    	 	3	 

     

    

 

4.7 Representations and Warranties Mr.
Zhentao Jiang

 

Mr. Zhentao Jiang represents and warrants
to AGM that:

 

a) he has the capacity required to undertake
under this contract, such capacity was not limited by any commitment to another person;

 

b) he has the expertise and experience
required to execute and complete the its obligations under this contract;

 

c) he will make services efficient and
professional manner, according to the rules generally accepted by industry;

 

4.8 Termination of Contract

 

Either party may terminate this contract
at any time, upon presentation of a 60 days notice given to the other party. Amounts due and options purchases of shares
will be delivered when calculated on a pro-rata to the time elapsed since the last payment or the last delivery of stock options.

 

5. GENERAL PROVISIONS

 

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

 

5.1 Force Majeure

 

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

 

5.2 Severability

 

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

 

    	 	4	 

     

    

 

5.3 Notices

 

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

 

5.4 Titles

 

The headings used in this contract are
only for reference and convenience only. They do not affect the meaning or scope of the provisions they designate.

 

5.5 No Waiver

 

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

 

5.6 Rights cumulative and not alternative

 

All the rights mentioned in this Agreement
are cumulative and not alternative. The waiver of a right should not be construed as a waiver of any other right.

 

5.7 Totality and entire agreement

 

This contract represents the full and entire
agreement between the parties. No statement, representation, promise or condition not contained in this agreement can and should
be allowed to contradict, modify or affect in any manner whatsoever the terms thereof.

 

5.8 Contract Amendment

 

This contract may be amended only by a
writing signed by all parties.

 

5.9 Gender and Number

 

All words and terms used in this agreement
shall be interpreted as including the masculine and feminine and singular and plural as the context or meaning of this contract.

 

5.10 Assignable

 

Neither party may assign or otherwise transfer
to any third party or of his rights in this contract without the prior written permission of the other party to that effect.

 

    	 	5	 

     

    

 

5.11 Computation of time

 

In computing any period fixed by the contract:

 

a) the day that marks the starting point
is not counted, but the terminal is;

 

b) non-juridical days (Saturdays, Sundays
and holidays) are counted;

 

c) when the last day is not legal, the
deadline is extended to the next juridical day.

 

5.12 Currencies

 

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

 

5.13 Applicable Laws

 

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

 

5.14 Election of domicile

 

The parties agree to elect domicile in
the judicial district of Beijing, China, and chose it as the appropriate district to hear any claim arising from the interpretation,
application, performance, the entry into force, validity and effect of this contract.

 

5.15 Copies

 

When initialed and signed by all parties,
each copy of this contract shall be deemed an original, but these examples do not reflect all one and the same agreement.

 

5.16 Scope of Contract

 

This contract binds the parties and their
successors, heirs and assigns, respectively.

 

5.17 Solidarity

 

If a party consists of two or more persons,
they are forced and severally liable to the other party.

 

5.18 Time is of Essence

 

If a party must fulfill an obligation under
this contract within a specified time, the passage of time will effectively be part of this notice.

 

    	 	6	 

     

    

 

6. EFFECTIVE DATE OF CONTRACT

 

This Agreement shall enter into force January
1th, 2016.

 

SIGNED BY Two (2) copies,

 

IN THE CITY OF BEIJING, HUBEI PROVINCE, 

DATED: January 1th, 2016.

 

	AGM Group Holdings Inc.	 
	(Seal) 	 
	 	 
	 	 
	Zhentao Jiang  	 
	 	 
	/s/ Zhentao Jiang 	 

 

 

7Exhibit 10.17

 

EMPLOYMENT CONTRACT

 

BETWEEN:  AGM
Group Holdings Inc., a company legally incorporated under the laws of The British Virgin Islands, with its mailing address at Room
2112, Dong Ta, Wang Zuo Zhong Xin, 1 Jinghua Street South, Chaoyang District, Beijing, China, acting and represented herein by
Mr. Zhentao Jiang, chairman of the board, declaring duly authorized, (hereinafter referred to “AGM”)

 

AND:   Mr. Wenjie
Tang, residing at Room 501, NO 6, 938 Nong, Datong Road, Zhabei District, Shanghai, China.

 

AGM and Mr. Wenjie Tang hereinafter collectively
called “Parties”.

 

1. PREAMBLE

 

The preamble is an integral part of this
contract.

 

WHEREAS AGM requires the services of Mr.
Wenjie Tang as Chief Executive Officer (CEO);

 

WHEREAS Mr. Wenjie Tang agreed to provide
AGM his full-time services as CEO;

 

WHEREAS the parties wish to confirm their
agreement in writing;

 

WHEREAS the parties have the capacity and
quality of exercise all the rights necessary for the conclusion and implementation of the agreement found in this contract;

 

THEREFORE THE FOREGOING, THE PARTIES AGREE
AS FOLLOWS:

 

2. PURPOSE

 

2.1 Services

 

Mr. Wenjie Tang agrees to assume full-time
for AGM (minimum of forty (40) hours per week) the role of CEO during the entire duration of the contract;

 

2.2 Term

 

This contract is for an initial term of
24 months( From January 1, 2016 to January 1, 2018) renewable for an additional period of 24  months
unless either party terminates it in writing at least three (3) months before the expiration of the initial term;

 

     

     

    

 

3. CONSIDERATION

 

3.1 Service Awards

 

In consideration of the provision of services,
AGM to pay Mr. Wenjie Tang, as compensation;

 

The gross amount of US$ 144,000 annually
is calculated at the rate of twelve (12) equal monthly installments consecutively of US$12,000 each, less withholding taxes
applicable.

 

3.2 Expenditure incurred

 

AGM will reimburse Mr. Wenjie Tang all
reasonable expenses incurred in connection with this Agreement, upon presentation of appropriate documentation;

 

3.3 Terms and conditions of payment

 

3.3.1The price payable by AGM to Mr. Wenjie
Tang is as follows:

 

3.3.2 The sum of US$12,000 shall be paid
on the 1th of each month from January 1th, 2016.

 

3.3.3 Expenses will be reimbursed on presentation
of an expense account on the 24th of each month.

 

4. SPECIAL PROVISIONS

 

4.1 Obligations of AGM

 

AGM agrees and undertakes to Mr. Wenjie
Tang as follows:

 

AGM to bring Mr. Wenjie Tang collaboration
and will provide information necessary to ensure the full and faithful discharge of services to be rendered;

 

4.2 Obligation to Mr. Wenjie Tang

 

Mr. Wenjie Tang agrees and undertakes to
AGM to the following:

 

The services must be made full time in
a professional manner, according to the rules generally accepted by industry.

 

    2 

     

    

 

4.3 Commitment to confidentiality and
nondisclosure

 

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

 

a) keep confidential and not disclose the
information;

 

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

 

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

 

4.4 Exclusivity of service provider

 

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

 

4.5 Responsibilities 

 

4.5.1 Assist decision-makers in formulating
the company’s development strategy.

 

4.5.2 Assist the President / General Manager
in developing business plans, and coordinate functional departments deploy and implement business plan;

 

4.5.3 Collect internal and external information
as well as relevant market information, analyze and coordinate business development;

 

4.5.4 Assist the President / General Manager
in guiding, supervising, managing and implementing all work and tasks;

 

4.5.5 Preside the office meeting, check,
supervise and coordinate the work progress of various functional departments, coordinate and guide the work of the Department Managers;

 

4.5.6 Deal with and coordinate daily affairs
and public affairs;

 

4.5.7 Take full responsibility of the group’s
operations management and brand promotion.

 

    3 

     

    

 

4.6 Relationship between the parties

 

Neither party may bind the other in any
way whatsoever to anyone, except in accordance with the provisions of this contract.

 

4.7 Representations and Warranties Mr.
Wenjie Tang

 

Mr. Wenjie Tang represents and warrants
to AGM that:

 

a) he has the capacity required to undertake
under this contract, such capacity was not limited by any commitment to another person;

 

b) he has the expertise and experience
required to execute and complete the its obligations under this contract;

 

c) he will make services efficient and
professional manner, according to the rules generally accepted by industry;

 

4.8 Termination of Contract

 

Either party may terminate this contract
at any time, upon presentation of a 60 days notice given to the other party. Amounts due and options purchases of shares
will be delivered when calculated on a pro-rata to the time elapsed since the last payment or the last delivery of stock options.

 

5. GENERAL PROVISIONS

 

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

 

5.1 Force Majeure

 

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

 

5.2 Severability

 

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

 

    4 

     

    

 

5.3 Notices

 

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

 

5.4 Titles

 

The headings used in this contract are
only for reference and convenience only. They do not affect the meaning or scope of the provisions they designate.

 

5.5 No Waiver

 

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

 

5.6 Rights cumulative and not alternative

 

All the rights mentioned in this Agreement
are cumulative and not alternative. The waiver of a right should not be construed as a waiver of any other right.

 

5.7 Totality and entire agreement

 

This contract represents the full and entire
agreement between the parties. No statement, representation, promise or condition not contained in this agreement can and should
be allowed to contradict, modify or affect in any manner whatsoever the terms thereof.

 

5.8 Contract Amendment

 

This contract may be amended only by a
writing signed by all parties.

 

5.9 Gender and Number

 

All words and terms used in this agreement
shall be interpreted as including the masculine and feminine and singular and plural as the context or meaning of this contract.

 

5.10 Assignable

 

Neither party may assign or otherwise transfer
to any third party or of his rights in this contract without the prior written permission of the other party to that effect.

 

    5 

     

    

 

5.11 Computation of time

 

In computing any period fixed by the contract:

 

a) the day that marks the starting point
is not counted, but the terminal is;

 

b) non-juridical days (Saturdays, Sundays
and holidays) are counted;

 

c) when the last day is not legal, the
deadline is extended to the next juridical day.

 

5.12 Currencies

 

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

 

5.13 Applicable Laws

 

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

 

5.14 Election of domicile

 

The parties agree to elect domicile in
the judicial district of Beijing, China, and chose it as the appropriate district to hear any claim arising from the interpretation,
application, performance, the entry into force, validity and effect of this contract.

 

5.15 Copies

 

When initialed and signed by all parties,
each copy of this contract shall be deemed an original, but these examples do not reflect all one and the same agreement.

 

5.16 Scope of Contract

 

This contract binds the parties and their
successors, heirs and assigns, respectively.

 

5.17 Solidarity

 

If a party consists of two or more persons,
they are forced and severally liable to the other party.

 

5.18 Time is of Essence

 

If a party must fulfill an obligation under
this contract within a specified time, the passage of time will effectively be part of this notice.

 

    6 

     

    

 

6. EFFECTIVE DATE OF CONTRACT

 

This Agreement shall enter into force January
1th, 2016.

 

SIGNED BY Two (2) copies,

 

IN THE CITY OF BEIJING, HUBEI PROVINCE, 

DATED: January 1th, 2016.

 

AGM Group Holdings Inc.

(Seal) 

 

 

 

Wenjie Tang

 

/s/ Wenjie Tang

 

 

 

7

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