Document:

Exhibit 10.2

 

INDEMNIFICATION AGREEMENT

 

This Indemnification
Agreement (this “Agreement”) is entered into as of         by and between Sentage Holdings Inc. a Cayman Islands
company (the “Company”), and the undersigned, a director and/or an officer of the Company (“Indemnitee”),
as applicable.

 

RECITALS

 

The Board
of Directors of the Company (the “Board of Directors”) has determined that the inability to attract and retain
highly competent persons to serve the Company is detrimental to the best interests of the Company and its shareholders and that
it is reasonable and necessary for the Company to provide adequate protection to such persons against risks of claims and actions
against them arising out of their services to the corporation.

 

AGREEMENT

 

In consideration
of the premises and the covenants contained herein, the Company and Indemnitee do hereby covenant and agree as follows:

 

A. DEFINITIONS

 

The following terms shall have the meanings defined
below:

 

Expenses
shall include, without limitation, damages, judgments, fines, penalties, settlements and costs, attorneys’ fees and disbursements
and costs of attachment or similar bond, investigations, and any other expenses paid or incurred in connection with investigating,
defending, being a witness in, participating in (including on appeal), or preparing for any of the foregoing in, any Proceeding.

 

Indemnifiable
Event means any event or occurrence that takes place either before or after the execution of this Agreement, related to
the fact that Indemnitee is or was a director or an officer of the Company, or is or was serving at the request of the Company
as a director or officer of another corporation, partnership, joint venture or other entity, or related to anything done or not
done by Indemnitee in any such capacity, including, but not limited to neglect, breach of duty, error, misstatement, misleading
statement or omission.

 

Participant means
a person who is a party to, or witness or participant (including on appeal) in, a Proceeding.

 

Proceeding
means any threatened, pending, or completed action, suit, arbitration or proceeding, or any inquiry, hearing or investigation,
whether civil, criminal, administrative, investigative or other, including appeal, in which Indemnitee may be or may have been
involved as a party or otherwise by reason of an Indemnifiable Event.

 

B. AGREEMENT TO INDEMNIFY

 

1. General
Agreement. In the event Indemnitee was, is, or becomes a Participant in, or is threatened to be made a Participant in, a Proceeding,
the Company shall indemnify the Indemnitee from and against any and all Expenses which Indemnitee incurs or becomes obligated to
incur in connection with such Proceeding, to the fullest extent permitted by applicable law.

 

2. Indemnification
of Expenses of Successful Party. Notwithstanding any other provision of this Agreement, to the extent that Indemnitee has been
successful on the merits in defense of any Proceeding or in defense of any claim, issue or matter in such Proceeding, the Company
shall indemnify Indemnitee against all Expenses incurred in connection with such Proceeding or such claim, issue or matter, as
the case may be.

 

3. Partial
Indemnification. If Indemnitee is entitled under any provision of this Agreement to indemnification by the Company for a portion
of Expenses, but not for the total amount of Expenses, the Company shall indemnify the Indemnitee for the portion of such Expenses
to which Indemnitee is entitled.

 

4. No
Employment Rights. Nothing in this Agreement is intended to create in Indemnitee any right to continued employment with the
Company.

 

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5. Contribution.
If the indemnification provided in this Agreement is unavailable and may not be paid to Indemnitee for any reason other than those
set forth in Section B.4, then the Company shall contribute to the amount of Expenses paid in settlement actually and reasonably
incurred and paid or payable by Indemnitee in such proportion as is appropriate to reflect (i) the relative benefits received by
the Company on the one hand and by the Indemnitee on the other hand from the transaction or events from which such Proceeding arose,
and (ii) the relative fault of the Company on the one hand and of the Indemnitee on the other hand in connection with the events
which resulted in such Expenses, as well as any other relevant equitable considerations. The relative fault of the Company on the
one hand and of the Indemnitee on the other hand shall be determined by reference to, among other things, the parties’ relative
intent, knowledge, access to information and opportunity to correct or prevent the circumstances resulting in such Expenses, judgments,
fines or settlement amounts. The Company agrees that it would not be just and equitable if contribution pursuant to this Section
B.6 were determined by pro rata allocation or any other method of allocation which does not take account of the foregoing equitable
considerations.

 

C. INDEMNIFICATION PROCESS

 

1. Notice
and Cooperation by Indemnitee. Indemnitee shall, as a condition precedent to his/her right to be indemnified under this Agreement,
give the Company notice in writing as soon as practicable of any claim made against Indemnitee for which indemnification will or
could be sought under this Agreement, provided that the delay of Indemnitee to give notice hereunder shall not prejudice any of
Indemnitee’s rights hereunder, unless such delay results in the Company’s forfeiture of substantive rights or defenses.
Notice to the Company shall be given in accordance with Section F.7 below. If, at the time of receipt of such notice, the Company
has directors’ and officers’ liability insurance policies in effect, the Company shall give prompt notice to its insurers
of the Proceeding relating to the notice. The Company shall thereafter take all necessary and desirable action to cause such insurers
to pay, on behalf of Indemnitee, all Expenses payable as a result of such Proceeding. In addition, Indemnitee shall give the Company
such information and cooperation as the Company may reasonably request.

 

2. Indemnification Payment.

 

(a) Advancement
of Expenses. Indemnitee may submit a written request with reasonable particulars to the Company requesting that the Company
advance to Indemnitee all Expenses that may be reasonably incurred in advance by Indemnitee in connection with a Proceeding. The
Company shall, within 10 business days of receiving such a written request by Indemnitee, advance all requested Expenses to Indemnitee.
Any excess of the advanced Expenses over the actual Expenses will be repaid to the Company.

 

(b) Reimbursement
of Expenses. To the extent Indemnitee has not requested any advanced payment of Expenses from the Company, Indemnitee shall
be entitled to receive reimbursement for the Expenses incurred in connection with a Proceeding from the Company immediately after
Indemnitee makes a written request to the Company for reimbursement unless the Company refers the indemnification request to the
Reviewing Party in compliance with Section C.2(c) below.

 

(c) Determination
by the Reviewing Party. If the Company reasonably believes that it is not obligated under this Agreement to indemnify the Indemnitee,
the Company shall, within 10 days after the Indemnitee’s written request for an advancement or reimbursement of Expenses,
notify the Indemnitee that the request for advancement of Expenses or reimbursement of Expenses will be submitted to the Reviewing
Party (as hereinafter defined). The Reviewing Party shall make a determination on the request within 30 days after the Indemnitee’s
written request for an advancement or reimbursement of Expenses. Notwithstanding anything foregoing to the contrary, in the event
the Reviewing Party informs the Company that Indemnitee is not entitled to indemnification in connection with a Proceeding under
this Agreement or applicable law, the Company shall be entitled to be reimbursed by Indemnitee for all the Expenses previously
advanced or otherwise paid to Indemnitee in connection with such Proceeding; provided, however, that Indemnitee may
bring a suit to enforce his/her indemnification right in accordance with Section C.3 below.

 

3. Suit
to Enforce Rights. Regardless of any action by the Reviewing Party, if Indemnitee has not received full indemnification within
30 days after making a written demand in accordance with Section C.2 above or 50 days if the Company submits a request for advancement
or reimbursement to the Reviewing Party under Section C.2(c) above, Indemnitee shall have the right to enforce its indemnification
rights under this Agreement by commencing litigation in any court of competent jurisdiction seeking a determination by the court
or challenging any determination by the Reviewing Party or any aspect of this Agreement. Any determination by the Reviewing Party
not challenged by Indemnitee and any judgment entered by the court shall be binding on the Company and Indemnitee.

 

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4. Assumption
of Defense. In the event the Company is obligated under this Agreement to advance or bear any Expenses for any Proceeding against
Indemnitee, the Company shall be entitled to assume the defense of such Proceeding, with counsel approved by Indemnitee, upon delivery
to Indemnitee of written notice of its election to do so. After delivery of such notice, approval of such counsel by Indemnitee
and the retention of such counsel by the Company, the Company will not be liable to Indemnitee under this Agreement for any fees
of counsel subsequently incurred by Indemnitee with respect to the same Proceeding, unless (i) the employment of counsel by Indemnitee
has been previously authorized by the Company, (ii) Indemnitee shall have reasonably concluded, based on written advice of counsel,
that there may be a conflict of interest of such counsel retained by the Company between the Company and Indemnitee in the conduct
of any such defense, or (iii) the Company ceases or terminates the employment of such counsel with respect to the defense of such
Proceeding, in any of which events the fees and expenses of Indemnitee’s counsel shall be at the expense of the Company.
At all times, Indemnitee shall have the right to employ counsel in any Proceeding at Indemnitee’s expense.

 

5. Defense
to Indemnification, Burden of Proof and Presumptions. It shall be a defense to any action brought by Indemnitee against the
Company to enforce this Agreement that it is not permissible under this Agreement or applicable law for the Company to indemnify
the Indemnitee for the amount claimed. In connection with any such action or any determination by the Reviewing Party or otherwise
as to whether Indemnitee is entitled to be indemnified under this Agreement, the burden of proving such a defense or determination
shall be on the Company.

 

6. No
Settlement without Consent. Neither party to this Agreement shall settle any Proceeding in any manner that would impose any
damage, loss, penalty or limitation on Indemnitee without the other party’s written consent. Neither the Company nor Indemnitee
shall unreasonably withhold its consent to any proposed settlement.

 

7. Company
Participation. Subject to Section B.5, the Company shall not be liable to indemnify the Indemnitee under this Agreement with
regard to any judicial action if the Company was not given a reasonable and timely opportunity, at its expense, to participate
in the defense, conduct and/or settlement of such action.

 

8. Reviewing Party.

 

(a) For
purposes of this Agreement, the Reviewing Party with respect to each indemnification request of Indemnitee that is referred by
the Company pursuant to Section C.2(c) above shall be (A) the Board of Directors by a majority vote of a quorum consisting of Disinterested
Directors (as hereinafter defined), or (B) if a quorum of the Board of Directors consisting of Disinterested Directors is not obtainable
or, even if obtainable, said Disinterested Directors so direct, by Independent Counsel in a written opinion to the Board of Directors,
a copy of which shall be delivered to Indemnitee. If the Reviewing Party determines that Indemnitee is entitled to indemnification,
payment to Indemnitee shall be made within 10 days after such determination. Indemnitee shall cooperate with the person, persons
or entity making such determination with respect to Indemnitee’s entitlement to indemnification, including providing to such
person, persons or entity upon reasonable advance request any documentation or information which is not privileged or otherwise
protected from disclosure and which is reasonably available to Indemnitee and reasonably necessary to such determination. Any Independent
Counsel or member of the Board of Directors shall act reasonably and in good faith in making a determination under this Agreement
of the Indemnitee’s entitlement to indemnification. Any reasonable costs or expenses (including reasonable attorneys’
fees and disbursements) incurred by Indemnitee in so cooperating with the person, persons or entity making such determination shall
be borne by the Company (irrespective of the determination as to Indemnitee’s entitlement to indemnification) and the Company
hereby indemnifies and agrees to hold Indemnitee harmless therefrom. “Disinterested Director” means a director
of the Company who is not and was not a party to the Proceeding in respect of which indemnification is sought by Indemnitee.

 

(b) If
the determination of entitlement to indemnification is to be made by Independent Counsel, the Independent Counsel shall be selected
as provided in this Section C.8(b). The Independent Counsel shall be selected by Indemnitee (unless Indemnitee shall request that
such selection be made by the Board of Directors, in which event the proceeding sentence shall apply), and Indemnitee shall give
written notice to the Company advising it of the identity of the Independent Counsel so selected. In either event, Indemnitee or
the Company, as the case may be, may, within 10 days after such written notice of selection shall have been given, deliver to the
Company or to Indemnitee, as the case may be, a written objection to such selection; provided, however, that such
objection may be asserted only on the ground that the Independent Counsel so selected does not meet the requirements of “Independent
Counsel” as defined in Section C.8(d) of this Agreement, and the objection shall set forth with particularity the factual
basis of such assertion. Absent a proper and timely objection, the person so selected shall act as Independent Counsel. If a written
objection is made and substantiated, the Independent Counsel selected may not serve as Independent Counsel unless and until such
objection is withdrawn or a court has determined that such objection is without merit. If, within 20 days after submission by Indemnitee
of a written request for indemnification, no Independent Counsel shall have been selected and not objected to, either the Company
or Indemnitee may petition a court of competent jurisdiction for resolution of any objection which shall have been made by the
Company or Indemnitee to the other’s selection of Independent Counsel and/or for the appointment as Independent Counsel of
a person selected by the court or by such other person as the court shall designate, and the person with respect to whom all objections
are so resolved or the person so appointed shall act as Independent Counsel. The Company shall pay any and all reasonable fees
and expenses of Independent Counsel incurred by such Independent Counsel in connection with acting under this Agreement, and the
Company shall pay all reasonable fees and expenses incident to the procedures of this Section C.8(b), regardless of the manner
in which such Independent Counsel was selected or appointed.

 

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(c) In
making a determination with respect to entitlement to indemnification hereunder, the Reviewing Party shall presume that Indemnitee
is entitled to indemnification under this Agreement if Indemnitee has submitted a request for indemnification in accordance with
this Agreement, and the Company shall have the burden of proof to overcome that presumption in connection with the making by any
person, persons or entity of any determination contrary to that presumption. The termination of any Proceeding or of any claim,
issue or matter therein, by judgment, order, settlement (with or without court approval), conviction, or upon a plea of nolocontendere
or its equivalent, shall not (except as otherwise expressly provided in this Agreement) of itself adversely affect the right of
Indemnitee to indemnification or create a presumption that Indemnitee did not act in good faith and in a manner which he/she reasonably
believed to be in or not opposed to the best interests of the Company or, with respect to any criminal Proceeding, that Indemnitee
had reasonable cause to believe that his/her conduct was unlawful. For purposes of any determination of good faith, Indemnitee
shall be deemed to have acted in good faith if Indemnitee’s action is based on the records or books of account of the Company
and any other corporation, partnership, joint venture or other entity of which Indemnitee is or was serving at the written request
of the Company as a director, officer, employee, agent or fiduciary, including financial statements, or on information supplied
to Indemnitee by the officers and directors of the Company or such other corporation, partnership, joint venture or other entity
in the course of their duties, or on the advice of legal counsel for the Company or such other corporation, partnership, joint
venture or other entity or on information or records given or reports made to the Company or such other corporation, partnership,
joint venture or other entity by an independent certified public accountant or by an appraiser or other expert selected with reasonable
care by the Company or such other corporation, partnership, joint venture or other entity. In addition, the knowledge and/or actions,
or failure to act, of any director, officer, agent or employee of the Company or such other corporation, partnership, joint venture
or other entity shall not be imputed to Indemnitee for purposes of determining the right to indemnification under this Agreement.
The provisions of this Section C.8(c) shall not be deemed to be exclusive or to limit in any way the other circumstances in which
the Indemnitee may be deemed to have met the applicable standard of conduct set forth in this Agreement.

 

(d) “Independent
Counsel” means a law firm, or a member of a law firm, that is experienced in matters of corporation law and neither presently
is, nor in the past five years has been, retained to represent (i) the Company or Indemnitee in any matter material to either such
party (other than with respect to matters concerning the Indemnitee under this Agreement, or of other indemnitees under similar
indemnification agreements), or (ii) any other party to the Proceeding giving rise to a claim for indemnification hereunder. Notwithstanding
the foregoing, the term “Independent Counsel” shall not include any person who, under the applicable standards of professional
conduct then prevailing, would have a conflict of interest in representing either the Company or Indemnitee in an action to determine
Indemnitee’s rights under this Agreement. The Company agrees to pay the reasonable fees of the Independent Counsel referred
to above and to fully indemnify such counsel against any and all Expenses, claims, liabilities and damages arising out of or relating
to this Agreement or its engagement pursuant hereto.

 

D. DIRECTOR AND OFFICER LIABILITY INSURANCE

 

1. Good
Faith Determination. The Company shall from time to time make the good faith determination whether or not it is practicable
for the Company to obtain and maintain a policy or policies of insurance with reputable insurance companies providing the officers
and directors of the Company with coverage for losses incurred in connection with their services to the Company or to ensure the
Company’s performance of its indemnification obligations under this Agreement.

 

2. Coverage
of Indemnitee. To the extent the Company maintains an insurance policy or policies providing directors’ and officers’
liability insurance, Indemnitee shall be covered by such policy or policies, in accordance with its or their terms, to the maximum
extent of the coverage available for any of the Company’s directors or officers.

 

3. No
Obligation. Notwithstanding the foregoing, the Company shall have no obligation to obtain or maintain any director and officer
insurance policy if the Company determines in good faith that such insurance is not reasonably available in the case that (i) premium
costs for such insurance are disproportionate to the amount of coverage provided, or (ii) the coverage provided by such insurance
is limited by exclusions so as to provide an insufficient benefit.

 

E. NON-EXCLUSIVITY; U.S. FEDERAL PREEMPTION; TERM

 

1. Non-Exclusivity.
The indemnification provided by this Agreement shall not be deemed exclusive of any rights to which Indemnitee may be entitled
under the Company’s current memorandum and articles of association, as may be amended from time to time, applicable law or
any written agreement between Indemnitee and the Company (including its subsidiaries and affiliates). The indemnification provided
under this Agreement shall continue to be available to Indemnitee for any action taken or not taken while serving in an indemnified
capacity even though he/she may have ceased to serve in any such capacity at the time of any Proceeding.

 

2. U.S.
Federal Preemption. Notwithstanding the foregoing, both the Company and Indemnitee acknowledge that in certain instances, U.S.
federal law or public policy may override applicable law and prohibit the Company from indemnifying its directors and officers
under this Agreement or otherwise. Such instances include, but are not limited to, the U.S. Securities and Exchange Commission
(the “SEC”)’s prohibition on indemnification for liabilities arising under certain U.S. federal securities
laws. Indemnitee understands and acknowledges that the Company has undertaken or may be required in the future to undertake with
the SEC to submit the question of indemnification to a court in certain circumstances for a determination of the Company’s
right under public policy to indemnify Indemnitee.

 

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3. Duration
of Agreement. All agreements and obligations of the Company contained herein shall continue during the period Indemnitee is
an officer and/or a director of the Company (or is or was serving at the request of the Company as a director, officer, employee
or agent of another corporation, partnership, joint venture, trust or other enterprise) and shall continue thereafter so long as
Indemnitee shall be subject to any Proceeding by reason of his/her former or current capacity at the Company, whether or not he/she
is acting or serving in any such capacity at the time any Expense is incurred for which indemnification can be provided under this
Agreement. This Agreement shall continue in effect regardless of whether Indemnitee continues to serve as an officer and/or a director
of the Company or any other enterprise at the Company’s request.

 

F. MISCELLANEOUS

 

1. Amendment
of this Agreement. No supplement, modification, or amendment of this Agreement shall be binding unless executed in writing
by the parties hereto. No waiver of any of the provisions of this Agreement shall operate as a waiver of any other provisions (whether
or not similar), nor shall such waiver constitute a continuing waiver. Except as specifically provided in this Agreement, no failure
to exercise or any delay in exercising any right or remedy shall constitute a waiver.

 

2. Subrogation.
In the event of payment to Indemnitee by the Company under this Agreement, the Company shall be subrogated to the extent of such
payment to all of the rights of recovery of Indemnitee, who shall execute all papers required and shall do everything that may
be necessary to secure such rights, including the execution of such documents necessary to enable the Company to bring suit to
enforce such rights.

 

3. Assignment;
Binding Effect. Neither this Agreement nor any of the rights or obligations hereunder may be assigned by either party hereto
without the prior written consent of the other party; except that the Company may, without such consent, assign all such rights
and obligations to a successor in interest to the Company which assumes all obligations of the Company under this Agreement. Notwithstanding
the foregoing, this Agreement shall be binding upon and inure to the benefit of and be enforceable by and against the parties hereto
and the Company’s successors (including any direct or indirect successor by purchase, merger, consolidation, or otherwise
to all or substantially all of the business and/or assets of the Company) and assigns, as well as Indemnitee’s spouses, heirs,
and personal and legal representatives.

 

4. Severability
and Construction. Nothing in this Agreement is intended to require or shall be construed as requiring the Company to do or
fail to do any act in violation of applicable law. The Company’s inability, pursuant to a court order, to perform its obligations
under this Agreement shall not constitute a breach of this Agreement. In addition, if any portion of this Agreement shall be held
by a court of competent jurisdiction to be invalid, void, or otherwise unenforceable, the remaining provisions shall remain enforceable
to the fullest extent permitted by applicable law. The parties hereto acknowledge that they each have opportunities to have their
respective counsels review this Agreement. Accordingly, this Agreement shall be deemed to be the product of both of the parties
hereto, and no ambiguity shall be construed in favor of or against either of the parties hereto.

 

5. Counterparts.
This Agreement may be executed in two counterparts, both of which taken together shall constitute one instrument.

 

6. Governing
Law. This agreement and all acts and transactions pursuant hereto and the rights and obligations of the parties hereto shall
be governed, construed and interpreted in accordance with the laws of the State of New York, without giving effect to conflicts
of law provisions thereof.

 

7. Notices.
All notices, demands, and other communications required or permitted under this Agreement shall be made in writing and shall be
deemed to have been duly given if delivered by hand, against receipt, or mailed via postage prepaid, certified or registered mail,
return receipt requested, and addressed to the Company at:

 

Sentage Holdings Inc.

 

Attention: Chief Executive Officer

 

and to Indemnitee at his/her address
last known to the Company.

 

8. Entire
Agreement. This Agreement constitutes the entire agreement and supersedes all prior agreements and understandings, both written
and oral, between the parties with respect to the subject matter hereof.

 

(Signature page follows)

 

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IN WITNESS WHEREOF, the parties hereto execute this
Agreement as of the date first written above.

 

Sentage Holdings Inc.

 

By:

Name:

Title:

 

Indemnitee

 

Signature:

Name:

 

[Signature Page to Indemnification Agreement]

 

 

6/6Exhibit 10.3

 

	[Name of the VIE]	Exclusive Business Cooperation Agreement

 

Exclusive
Business Cooperation Agreement 

 

THIS EXCLUSIVE BUSINESS COOPERATION AGREEMENT
(this “Agreement”) is entered into by and between the following parties on this 9th day of March, 2020 in Shanghai,
the People’s Republic of China (hereinafter referred to as the “PRC”, and, for the purpose of this Agreement,
excluding Hong Kong SAR, Macau SAR and Taiwan):

 

Party A: Shanghai Santeng Technology
Co., Ltd.

Legal representative: LU Qiaoling

Registered address: Room 121, 14/F, Building
No.2, No.588 Zixing Road, Minhang District, Shanghai

 

Party B: [Name of the VIE]

Legal representative: [Legal Representative
of the VIE]

Registered address: [Registered address
of the VIE]

 

In this Agreement, Party A and Party B
are hereinafter collectively referred to as the “Parties” and individually a “Party”.

 

WHEREAS:

 

		1.	Party A is a wholly foreign-owned enterprise duly established and validly existing in the PRC.

 

		2.	Party B is a limited liability company established and validly existing in the PRC, and all the
business activities conducted and developed by Party B and its subsidiaries and branches (including subsidiaries and branches wholly
owned or controlled by Party B) either at present or at any time within the term of this Agreement are collectively referred to
as the “Principal Business”;

 

		3.	Party A agrees to use its advantage in technology, personnel and information advantages to provide
Party B and its subsidiaries and branches with exclusive technical support, consulting and other services in relation to the Principal
Business during the term of this Agreement, and Party B agrees to accept the various services to be provided by Party A or its
designated party on terms of this Agreement.

 

Article 1 Provision of Service

 

		1.1	In accordance with the terms and conditions of this Agreement, Party B hereby appoints Party A
as the exclusive service provider of Party B to provide Party B with comprehensive technical support, consulting service and other
services during the term of this Agreement, including but not limited to the following:

 

		(1)	licensing Party B to use the relevant software and trademarks in/to which Party A owns lawful rights;

 

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	[Name of the VIE]	Exclusive Business Cooperation Agreement

 

		(2)	development, maintenance and updates of relevant application software necessary for Party B’s
business;

 

		(3)	design, installation, daily management, maintenance and update of the computer network systems,
hardware device and database;

 

		(4)	providing Party B’s relevant personnel with technical support and professional training;

 

		(5)	assisting Party B in the enquiry, collection and survey of relevant technical and market information
(excluding the market research which wholly foreign-owned enterprises are not allowed to conduct under the PRC laws);

 

		(6)	offering business management consultation to Party B;

 

		(7)	rendering marketing and promotion services to Party B;

 

		(8)	rendering customer order management and customer services to Party B;

 

		(9)	providing Party B with services in connection with investment, financing, risk control and other
aspects;

 

		(10)	offering financial, legal and other advices and supports to Party B;

 

		(11)	assist Party B in the transfer, lease and disposition of equipment and assets; and

 

		(12)	other relevant services to be offered from time to time at Party B’s request to the extent
permitted by the PRC laws.

 

		1.2	Party B accepts the services to be provided by Party A. Party B further agrees that, except with
the prior written consent of Party A, during the term of this Agreement, in respect of the services or other matters agreed herein,
Party B shall not directly or indirectly receive any services identical or similar to those specified herein from any third party,
nor establish any similar cooperation relationship with any third party with respect to the matters covered by this Agreement.
Both Parties agree that Party A may designate another party (such designated party may sign certain agreements as described in
Clause 1.5 hereof with Party B) to provide Party B with the services support agreed herein.

 

		1.3	Party A shall have the right to check Party B’s accounts either on a regular basis or at
any time, and Party B shall keep books and records in a timely and accurate manner and deliver its accounts to Party A at Party
A’s request. Subject to compliance with applicable laws, during the term of this Agreement, Party B agrees to cooperate with
Party A and its shareholders (including direct or indirect ones) in auditing (including but not limited to the audit of related
transactions and other various audits) and to provide Party A, its shareholders and/or entrusted auditors with information and
materials in connection with the operation, business, clients, finance, employee and other relevant information of Party B and
its subsidiaries and branches, and consents to the disclosure of such information and materials by Party A’s shareholders
for the purpose of satisfying the regulatory requirements on the IPO.

 

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	[Name of the VIE]	Exclusive Business Cooperation Agreement

 

		1.4	When Party B enters into liquidation or dissolution for any reason, Party B shall, to the extent
permitted by the PRC laws, appoint those persons recommended by Party A to form a liquidation team to manage the properties of
Party B and its subsidiaries and branches. Party B acknowledges and confirms that, in the event of a liquidation or dissolution
of Party B, Party B agrees to deliver to Party A all the remaining properties acquired from the liquidation of Party B in accordance
with the laws and regulations of the PRC, regardless of whether the agreements herein can be performed or not.

 

		1.5	Service Providing Methodology

 

		1.5.1	Party A and Party B agree that, within the term of this Agreement, Party B may, where necessary,
enter into further service agreements with Party A or any other party designated by Party A (as applicable), which shall set out
the specific contents, manner, personnel and fees for the various services.

 

		1.5.2	In order to ensure Party B meets the cash-flow requirements in its ordinary business course and/or
to set off any losses that may arise from its operations, Party A shall, if required by the actual condition, provide Party B with
the financial support (but only to the extent and in the manner permitted under the PRC law), and Party A agrees not to claim for
the same against Party B. Party A may offer financial support to Party B by means of bank entrusted loan or other appropriate methods,
and enter into necessary agreements separately.

 

		1.5.3	In order to perform this Agreement, Party A and Party B agree that Party B will, where necessary,
enter into equipment or property leases with Party A or any other party designated by Party A at any time during the term of this
Agreement in accordance with the needs of the business progress, so that Party A will provide relevant equipment and assets to
Party B for use

 

		1.5.4	Party B hereby grants to Party A an irrevocable and exclusive option to purchase from Party B,
at Party A’s sole discretion, any or all of the assets of Party B, to the extent permitted under the PRC laws and regulations,
at the lowest purchase price permitted by the PRC laws, regulations and relevant rules. In this case, the Parties shall enter into
a separate assets transfer agreement, specifying the terms and conditions of the transfer of the assets.

 

Article 2 Price
and Payment Method of the Services

 

		2.1	The service fee hereunder shall be at a reasonable price to be determined as per the scope and
nature of the services and will be set out in a service agreement to be further signed by the parties thereto. The service fee
shall be a sum equal to 100% of the total consolidated profits of Party B in any fiscal year, setting off the accumulated loss
(if any) of Party B and its subsidiaries and branches in the previous fiscal year and net of the working capital, expenses, taxes
and other statutory contributions required in any fiscal year. Notwithstanding the foregoing, Party A may, at its sole discretion,
adjust the coverage and amount of the service fee in accordance with the tax regulations and tax practices of the PRC and by reference
to Party B’s needs for working capitals, and Party B and its subsidiaries and branches shall accept such adjustment.

 

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	[Name of the VIE]	Exclusive Business Cooperation Agreement

 

		2.2	Party A will calculate the service fee on a quarterly basis and issue corresponding VAT special
invoice to Party B at the tax rate specified in the prevailing VAT laws of the PRC. Party B shall, within 10 business days upon
receipt of the invoice, pay the service fee to the bank account designated by Party A, and send a copy of the payment proof to
Party A by fax or email within 10 business days after such payment. Party A shall issue a receipt within 10 working days after
its receipt of the service fees. Notwithstanding the foregoing, Party A may, at its discretion, adjust the time and method for
payment of the service fee. Party B shall accept such adjustment.

 

Article 3 Intellectual
Properties and Confidentiality

 

		3.1	Party A shall have proprietary and exclusive ownership, rights and interests in any and all intellectual
properties arising out of or created during the performance of this Agreement, including but not limited to copyrights, patents,
patent applications, software, know-hows, trade secrets and others. Party B shall execute all such appropriate documents, take
all such appropriate actions, deliver all such documents and/or applications, provide all such appropriate assistances, and do
all such other acts, as Party A shall determine at its sole discretion to be necessary to confer such ownerships, rights and interests
in such intellectual properties to Party A and/or to perfect the protection of such intellectual property rights of Party A.

 

		3.2	The Parties acknowledge and confirm that this Agreement, its contents and any oral or written information
exchanged between the Parties in connection with the preparation and performance of this Agreement shall be deemed to be confidential
information. The Parties shall maintain confidentiality of all such confidential information, and shall not disclose any confidential
information to any third party without the written consent of the other Party, except for the information which: (a) is or will
be known to the public (without the unauthorized disclosure by the receiving Party); (b) is required to be disclosed under the
applicable laws or regulations, stock trading rules, or orders of governmental authorities or courts; or (c) is required to be
disclosed by either Party to its shareholders, directors, supervisors (if any), employees, legal counsels or financial advisors
for the transactions contemplated hereunder, provided that such shareholders, directors, supervisors (if any), employees, legal
counsels or financial advisors shall be subject to the confidentiality obligations similar to those set forth in this Article.
Any disclosure of confidential information by a shareholder, director, supervisor (if any) or employee of either Party or any agencies
hired by it shall be deemed as a disclosure of such confidential information by such Party, which shall be liable for breach of
agreement in accordance with this Agreement.

 

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	[Name of the VIE]	Exclusive Business Cooperation Agreement

 

Article 4 Representations
and Warranties

 

		4.1	Party A represents, warrants and undertakes that:

 

		4.1.1	it is a wholly foreign-owned enterprise duly established and validly existing under the laws of
the PRC, and that Party A or its designated service provider will obtain all the governmental permits and licenses necessary for
the provision of the services hereunder prior to its provision of such services;

 

		4.1.2	Party A has taken necessary corporate actions, obtained necessary authorizations, and obtained
necessary consents and approvals from any third parties and government agencies (if any) to execute, deliver and perform this Agreement,
and that Party A’s execution, delivery and performance of this Agreement do not and will not violate any explicit provisions
of laws and regulations; and

 

		4.1.3	this Agreement constitutes Party A’s legal, valid and binding obligations, which are enforceable
against it in accordance with the terms of this Agreement.

 

		4.2	Party B represents, warrants and undertakes that:

 

		4.2.1	it is a company duly established and validly existing under the laws of the PRC, and has obtained
and will maintain all the governmental permits and licenses necessary for the Principal Business;

 

		4.2.2	Party B has taken necessary corporate actions, obtained necessary authorizations, and obtained
necessary consents and approvals from any third parties and government agencies (if any) to execute, deliver and perform this Agreement,
and that Party B’s execution, delivery and performance of this Agreement do not and will not violate any explicit provisions
of laws and regulations; and

 

		4.2.3	this Agreement constitutes Party B’s legal, valid and binding obligations, which are enforceable
against it in accordance with the terms of this Agreement.

 

Article 5 Effective
Term of the Agreement

 

		5.1	The Parties acknowledge and confirm that this Agreement shall come into force after being officially
signed by the Parties, and shall be retroactive to January 1, 2018, which means this Agreement shall be binding upon the Parties
on and from January 1, 2018, whereupon the Parties shall have all rights hereunder and perform all the obligations hereunder. Unless
terminated as expressly specified herein or upon Party A’s written decision, this Agreement shall be permanently effective.

 

		5.2	If either Party’s business term expires during the effective term of this Agreement, such
Party shall timely extend its business term to enable this Agreement to remain effective and performable. If either Party’s
application for extension of its business term is not approved or consented by any competent authorities, this Agreement shall
be terminated upon the expiration of such Party’s business term.

 

		5.3	The Parties’ rights and obligations under Articles 3, 6, 7 and 5.3 hereof shall survive any
termination of this Agreement.

 

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	[Name of the VIE]	Exclusive Business Cooperation Agreement

 

Article 6 Governing
Law and Dispute Resolution

 

		6.1	The conclusion, effectiveness, interpretation and performance of this Agreement and the resolution
of disputes hereunder shall be governed by and construed in accordance with the laws of the PRC.

 

		6.2	In the event of any dispute arising from the performance of this Agreement or in connection with
this Agreement, either Party may submit the dispute to Shanghai International Economic and Trade Arbitration Commission for arbitration
in Shanghai in accordance with its arbitration procedures and rules then in effect. The arbitration tribunal shall consist of three
arbitrators to be appointed in accordance with the arbitration rules. The claimant and the respondent shall respectively appoint
one arbitrator, and the third arbitrator shall be appointed by the first two arbitrators through negotiations. The arbitration
proceedings shall be conducted in Chinese in a confidential manner. The arbitration award shall be final and binding upon the parties
thereto. Subject to provisions of the PRC laws, the arbitration tribunal or arbitrators may award remedial measures in respect
of Party B’s equities or assets in accordance with the dispute resolution clause and/or applicable PRC laws, including restriction
on conduct of business, restriction or prohibition of transfer or sale of equities or assets, or proposal for the winding-up of
Party B. In addition, in the course of forming the tribunal, Party A shall have the right to file an application to any court with
competent jurisdiction (including courts in the PRC, Hong Kong and Cayman Islands) for the grant of temporary reliefs.

 

		6.3	During the pending arbitration of any dispute, other than those which are under dispute and subject
to arbitration, the Parties shall continue to own their respective rights under this Agreement and perform their respective obligations
hereunder.

 

Article 7 Liability
for Breach of Agreement and Indemnity 

 

		7.1	If Party B commits a material breach of any terms hereunder, Party A shall have the right to terminate
this Agreement and/or request Party B to make compensation for the damages, and this Article 7.1 shall not prejudice or affect
any other rights of Party A under this Agreement.

 

		7.2	Unless otherwise provided by laws, Party B shall in no event have the right to terminate or rescind
this Agreement.

 

		7.3	Party B shall indemnify and hold harmless Party A from any losses, damages, liabilities or expenses
caused by any lawsuit, claims or other demands against Party A arising from or caused by the services provided by Party A to Party
B pursuant this Agreement, except where such losses, damages, liabilities or expenses arise from the gross negligence or willful
misconduct of Party A.

 

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	[Name of the VIE]	Exclusive Business Cooperation Agreement

 

Article 8 Force
Majeure 

 

		8.1	If either Party’s failure to perform or completely perform this Agreement is directly caused
by earthquake, typhoon, flood, fire, epidemic, war, strike or any other force majeure event which is unforeseeable and cannot be
prevented or avoided by the affected Party (the “Force Majeure Event”), such Party shall not be liable for such
failure or partial failure to nonperformance or partial nonperformance of this Agreement, provided that the affected Party shall
immediately serve a written notice to the other Party without delay and provide the other Party with details of such Force Majeure
Event within fifteen days from the delivery of the foresaid written notice to explain the reasons of such failure, partial failure
or delay of performance.

 

		8.2	If the Party claiming Force Majeure Event fails to notify the other Party and provide appropriate
proofs as specified in the above article, it shall not be exempted from the liability for its failure to perform its obligations
hereunder. The affected Party shall make reasonable efforts to mitigate the consequence of the Force Majeure Event and resume its
performance of all relevant obligations as soon as possible after the Force Majeure Event ends. If the affected Party fails to
resume its performance of relevant obligations after the cause for its temporary exemption from relevant performance of obligations
eliminates, such Party shall be liable to the other Party for such failure.

 

		8.3	When a Force Majeure Event occurs, the Parties shall immediately negotiate with each other with
an aim to reach an equitable solution, and shall make all reasonable efforts to minimize the consequence of such Force Majeure
Event to the maximum possible extent.

 

Article 9 Notices

 

		9.1	All notices and other communications required or given under this Agreement shall be delivered
or sent to the receiving Party by way of personal delivery, registered mail (postage prepaid), commercial courier service or facsimile
transmission. Each notice shall also be sent by email. Each notice shall also be sent by email. The dates on which such notices
shall be deemed to have been effectively given shall be determined as follows:

 

		9.1.1	Notices given by personal delivery (including express mail service) shall be deemed effectively
given on the day when an acknowledgement of receipt thereof is signed.

 

		9.1.2	Notices given by registered mail (postage prepaid) shall be deemed effectively given on the 15th
day after the date of the return receipt thereof.

 

		9.1.3	Notices given by facsimile transmission shall be deemed effectively given on the date of transmission
as shown on the facsimile, provided that, if such facsimile is given after 5pm or on a non-business day at the place of receipt,
it shall be deemed given on the business day immediately following the transmission date shown on such facsimile.

 

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	[Name of the VIE]	Exclusive Business Cooperation Agreement

 

Article 10 Transfer
of Agreement 

 

		10.1	Party B shall not transfer its rights and obligations under this Agreement to any third party unless
with Party A’s prior written consent.

 

		10.2	Party B hereby agrees that Party A may transfer its rights and obligations hereunder to any third
party, and that Party A will only need to send a written notice to Party B upon occurrence of such transfer and will not be required
to obtain the consent of Party B for the transfer.

 

Article 11 Miscellaneous

 

		11.1	Unless otherwise specified, the terms of this Agreement in connection with Party B’s rights
and obligations shall also apply to Party B’s subsidiaries and branches.

 

		11.2	In the event that one or more provisions of this Agreement are held to be invalid, illegal or unenforceable
in any aspect under any laws or regulations, the validity, legality or enforceability of the remaining provisions of this Agreement
shall not be affected or impaired in any aspect. The Parties shall, through negotiations in good faith, strive to replace such
invalid, illegal or unenforceable provisions with valid provisions which accomplish the intentions of the Parties to the greatest
extent permitted by laws, and the economic effect of such valid provisions shall be as close as possible to the economic effect
of those invalid, illegal or unenforceable provisions.

 

		11.3	The Parties may amend and supplement this Agreement by means of written agreement. Any amendment
or supplementary agreement to this Agreement executed by the Parties shall be an integral part hereof, and have the same legal
effect as this Agreement.

 

		11.4	This Agreement is made in duplicate, with each Party holding one counterpart hereof. Each counterpart
of this Agreement shall have the same legal effect.

 

(THE REMAINDER OF THIS PAGE IS INTENTIONALLY
LEFT BLANK)

 

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	[Name of the VIE]	Exclusive Business Cooperation Agreement

 

(Signature
Page of the Exclusive Business Cooperation Agreement)

 

Party A: 

Shanghai Santeng Technology Co., Ltd.
(official seal)

 

	By:	 	 
	 	Its Legal or Authorized Representative	 

 

Dated this 9th day of March, 2020

 

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	[Name of the VIE]	Exclusive Business Cooperation Agreement

 

(Signature
Page of the Exclusive Business Cooperation Agreement)

 

Party B: 

[Name of the VIE] (official seal)

 

	By:	           	 
	 	Its Legal or Authorized Representative	 

 

Dated this 9th day of March, 2020

 

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	[Name of the VIE]	Exclusive Business Cooperation Agreement

 

Schedule of
Material Differences

 

One or more
persons signed a letter of consent using this form. Pursuant to Instruction ii to Item 601 of Regulation S-K,
the Registrant may only file this form as an exhibit with a schedule setting forth the material details in which the
executed agreements differ from this form:

 

	
        No.
	 	Name of the VIE	 	Registered 

Address of the 

VIE
	1.	 	Daxin Wealth Investment Management (Shanghai) Co., Ltd. 	 	[***]
	4	 	Daxin Zhuohui Financial Information Service (Shanghai) Co., Ltd. 	 	[***]
	6	 	Qingdao Buytop Payment Service Co., Ltd.	 	[***]

 

 

11

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