Document:

Exhibit 10.8

 

		
        Data Center Service(CTG)

        CUSTOMER
        ORDER FORM

 

		1.	CUSTOMER DETIALS

	ORDER NUMBER:   
	CUSTOMER NAME:  Hong Kong Takung Assets and Equity of Artworks Exchange Co.,Limited	CUSTOMER ID: 
	Date of Order (filled in by customer) 2013.4.10	*Date of Order confirmation (filled by CTG)  
	Type of Order:      	x  ̈  New
	
         ̈ Renewal     
         ̈ Modification
                ̈ Termination,
        Termination Date: 

        *Existing Order Number:

	Registration Address:	Rooms 2003, 20th Floor, Hutchison House,10 Harcourt Road Central, Hong Kong
	Billing Address 

(If different from the above):

	Billing Contact Name:  	Wangxuelei (zishenli@hotmail.com)	Contact Tel:	
        +86 13802038517 

        +86 13516810693

	Commercial Contact Name:	Wangxuelei (zishenli@hotmail.com)	Contact Tel:	
        +86 13802038517 

        +86 13516810693

	Technical Contact Name:	Wangxuelei (zishenli@hotmail.com)	Contact Tel:	
        +86 13802038517 

        +86 13516810693

	 	 	 	 	 

 2. SERVICE TYPE(S):

	Services:	x  ̈ Cabinet	 ̈ Server	 ̈ Others: 
	Cabinet Size:	3*42U   (Shatin); 3*45U  
 (Kwai Chung)	Quantity: 6	 
	Power Supply:	4.5KVA/Cabinet	Power Plug:	Please Select      
	Sort of the Port:	 	Quantity of the Port:	 
	Quantity of IP Address:	 	Location of IDC:	
        1.3rd floor 8-12 Wong Chuk Yeung Street,

Shatin,
        HongKong

        2.16th floor CITIC Telecom Building,

        KwaiI Fuk Rd, Kwai Chung

        HongKong 

	Value Added Service:	 
	Remarks:	 

 

3. TERMINAL EQUIPMENT

	Model & Type:	 	Provided by:	 

 

4. SERVICE CHARGES (Excluding GST & Taxes):

	Installation Charge	Monthly Rental Charge
	Currency	: HKD        	Currency	: HKD
	One-off Charge	: free	Monthly Recurring Charge	: HKD80,200.00
	Equipment	:         
	Others	:         	Others	:         
	Total	:         	Total	:         
	Remarks	:         	 	 

 

	
        For China Telecom
        use ONLY:

         

        Sales Engineer:
	
        China Telecom APAC Customer Service Center
        hotline: (852) 3100-0000 

        E-mail:
        cs@chinatelecom.com.hk

         

 

    	 

    	 

    

  

		
        Data Center Service(CTG)

        CUSTOMER
        ORDER FORM

 

5. SERVICE TERM

	 ̈ 12 MONTHS	 ̈ 24 MONTHS	X  ̈ 36 MONTHS	 ̈ OTHERS:         

 

6. PROVISION

	Requested Ready for Service Date 	
        10/05/2013

        (DD/MM/YY)
	
        Expected In-Service Date

        (To be completed by CTG))
	
                       /        /             

        (DD/MM/YY)

 

 

7.TERMS AND CONDITIONS 

	
        I/We have read and agreed to the following
        terms:

         

        1. The term of the Service provided under
        this Customer Order Summary is specified in Section 5. Upon the expiry of the term, it shall automatically be renewed on a month-to-month
        basis, unless terminated by either party upon thirty (30) days written notice to the other Party before the expiry of the term.

        2. In the case of early termination of
        the Service provided under this Customer Order Summary by Customer for any reason other than a material breach primarily attributable
        to China Telecom Global Limited, Customer shall remain liable to pay CHINA TELECOM GLOBAL LIMITED an amount equal to the Monthly
        Recurring Charges for the remainder of the term of that Service as set forth in section 5 of this Customer Order Summary.

        3. “Acceptance Date” shall
        be the date as specified in a separate Service Acceptance Form (whether or not it is signed and sent to CHINA TELECOM GLOBAL LIMITED)
        or such other date shall be deemed to be mutually agreed by the Parties. If Customer shall fail to carry out a testing of the Service(s)
        within a timeframe as may be notified by CHINA TELECOM GLOBAL LIMITED, the Acceptance Date as specified in Service Acceptance Form
        shall be deemed to be the start billing date for the Service.

        4. All payment made by Customer under this
        Customer Order Summary shall be exclusive of all applicable taxes, and/or any charges pursuant to the laws, statutes or regulations
        of governmental agency or authority, and/or any charges imposed by a bank.

        5. All charges stated in this agreement
        exclude items such as internal wiring, dedicated trunking, internal trunking, any applicable charges imposed by the building management
        office / Data Centre, wayleave dues, and customer premise equipment, unless specified otherwise.

        6. This Order Form is made pursuant to,
        and in accordance with, the terms of the Master Services Agreement published by the Company as amended by time to time, the terms
        of which are incorporated into this Order Form by this reference.  All capitalised terms used but not defined in this Order
        Form shall have the meanings given to them in the MSA.

         

         

 

CUSTOMER DECLARATION AND AUTHORIZATION

	I/We confirm that the information given above is correct and complete in each and every aspect.
I/We agree that the provision
of the Selected Service(s) shall be subject to the General Terms and Condition of the MSA of CHINA TELECOM GLOBAL LIMITED as may
be published and amended from time to time.

	Name:
    	 	Authorized
    Signature with Company Chop:
	Title:	 
	Date:	 

 

CHINA TELECOM GLOBAL LIMITED APPROVAL

 

	Authorized Signature 	
         

         

        ________________________________________________
	
         

         

        Date:                                 

	
        Name and Title

         
	 

 

	
        For China Telecom
        use ONLY:

         

        Sales Engineer:
	
        China Telecom APAC Customer Service Center
        hotline: (852) 3100-0000 

        E-mail:
        cs@chinatelecom.com.hkExhibit 10.9

 

HONGKONG TAKUNG ASSETS AND EQUITY OF

ARTWORKS EXCHANGE CO., LIMITED

Room 2003-2004, 20th Floor, Hutchison
House,

10 Harcourt Road, Central, Hong Kong

 

1 Jun 2014 

 

CONFIDENTIAL

 

Mr. Xiao Di

No. 501, Gate 5, Block 2,

Guangling Li, Lintong Road,

Nankai
District, 300110

People's Republic of China

 

Dear Mr. Xiao

 

EMPLOYMENT LETTER

 

We are pleased to offer you the position
of Managing Director of our company with immediate effect. Your deployment to manage our Hong Kong business and office will
commence upon a proper employment visa is granted by the Immigration Department of the Hong Kong SAR.

 

You are to report to the shareholders of the Company. You as
an employee of the Company are bound by the following terms and conditions of this Employment Letter

 

SCOPE OF DUTIES

 

Your scope of duties is as follows:

 

• Managing the business operations

• Promotion and marketing of the Company's business

• Providing consulting and services to the clients of the
Company • Administration and Human Resources management

• Financial and Accounting management

 

SALARY

Your monthly salary shall be HK$60,000
per month plus reimbursements of any expenses paid on behalf of the Company during your delivery of duties. Salary payment
will be made monthly in arrear and not later than the last Friday of each month.

 

Your salary will be reviewed annually every January.

 

    	 

    	 

    

 

EMPLOYMENT LETTER - Xiao Di 

Date: 1 Jun 2014

Continue... Page 213

 

WORKING HOUR

The working hour of our company is as follows:

 

	Monday to Friday	9:00 am to 5:30 pm
	Lunch Beak	12:30 pm to 1:30 pm

 

You are required to complete your duties
on time and in case you are required to work overtime in order to complete a task to meet deadline, no compensation will be entitled
by you for the overtime incurred.

 

ANNUAL LEAVE

 

You are entitled to annual leave of 20 working days.

 

TRAVEL

In case you are required to travel for
delivery of your duties for the Company, all expenses incurred, including freight, fare and meals, will be fully reimbursed upon
provision of proof of payments.

 

ACCOMMODATION

The Company will provide you accommodation
of housing allowance upon your application to the Company. The amount to be provided to you as housing allowance shall not be more
than 50% of your current salary.

 

MEDICAL

 

The Company will provide you with medical
benefit in which you will be fully reimbursed of any medical expenses upon provision of the valid doctor certificates and payment
receipts from the relevant doctors.

 

TERMINATION AND REPATRIATION

 

This employment can be terminated by either party by given at
least one months’ notice.

 

Upon the termination of employment, the Company shall provide
air tickets of Economic Class for repatriation of yourself and your immediate family members back to China.

 

    	 

    	 

    

 

EMPLOYMENT
LETTER - Xiao Di 

Date: 1 Jun 2014

Continue... Page 313

 

GOVERNING LAWS

 

This Employment Letter is governed by the
laws of the Special Administration Region of Hong Kong (HKSAR). In case any terms and conditions of this Employment Letter is in
conflict to any clauses of the Labor Ordinance of HKSAR, and unless the said term and condition of this Employment Letter is below
the basic requirement of the relevant clause of the Labor Ordinance of HKSAR, the terms and conditions of this Employment Letter
shall prevail.

 

If you accept this Employment Letter, please sign at the space
provided below.

 

	Yours truly	I agree and accept all the terms and conditions
	For and on behalf of	of this Employment Letter
	 	 
	 	 
	 	 
		Xiao Di
		Date: 1 Jan 2014Exhibit 10.10

Cooperation Agreement for Bank-Dealer
Payment Services

 

By and between 

 

Wing Lung Bank Ltd. 

 

And

 

HongKong Takung Assets and Equity of
Artworks Exchange Co., Ltd.

 

June, 2013

 

    	 

    	 

    

 

Party A: Wing Lung Bank Ltd.

 

Address: 45 Des Voeux Road Central, Hong Kong

 

Post code:

 

Principal-in-charge:
KUNG CHI MING (龚志明)

 

Contact person:

 

Telephone: 852-28268361

 

Fax:

 

Party B: HongKong Takung Assets and Equity of Artworks Exchange
Co., Ltd.

 

Address: Room 2003, 20/F, Hutchison House, 10 Harcourt Road,
Central, Hong Kong

 

Post code:

 

Principal-in-charge:
DI XIAO (肖迪)

 

Contact person:

 

Telephone: +86 13064755468

 

Fax:

 

    	 

    	 

    

  

Party A and Party B (the “Parties”) have reached
the following agreement on the cooperation for payment services through amicable negotiation.

 

Chapter I   Principles
for Cooperation 

 

Article 1      The
Parties shall lawfully conduct the operations, actively promote their cooperation and safely and properly provide the transactional
payment platform for the “bank-dealer payment services” in accordance with the applicable laws, ordinances and regulations
of Hong Kong Special Administrative Region.

 

Article 2      No
advance payment by the bank. All the bank-dealer payments are settled with actual funds, and Party A will not provide any advance
payment for Party B or any third party during the settlement of funds.

 

Article 3      Centralized
management and uniform clearance. After the Parties are connected with a special cable, the Parties shall first transmit all the
information related to the bank-dealer payment services to their respective computer system via their respective intranet, and
then complete the transmission and process of data via the link between their computer systems (hereinafter the “Bank-Dealer
Payment Service System”), so as to realize “one link, uniform clearance and centralized management”. Party B
shall use the Special Settlement Account (as defined below) for the bank-dealer payment services provided by Party A.

 

Article 4      The
bank-dealer payment service referred in this Agreement means that Party A acts as the settlement bank specified by Party B and
Party B’s clients (hereinafter the “Traders”) and completes the settlement of funds between the Trader Settlement
Account (as defined below) opened by the Traders with Party A and the Special Settlement Account (as defined below) opened by Party
B with Party A as instructed by Party A or the Traders.

 

Chapter II   General
Terms and Conditions 

 

Article 5      The
Special Settlement Account of Party B refers to the settlement account opened by Party B with Party A for the settlement of funds
with the Traders (hereinafter referred to as the “Special Settlement Account”).

 

The Trader’s Bank Settlement Account
refers to the settlement account opened by the Traders with Party A; the Trader may specify the savings account of HK dollars,
US dollars or RMB yuan as the bank settlement account for the settlement of funds between it and Party B (hereinafter the “Trader
Settlement Account”).

 

    	 

    	 

    

  

The transaction fund account of the Traders
refers to the account opened by the Traders with Party B for the settlement of funds for registered transaction of goods, profit
and loss, transaction deposits and commissions, etc. (hereinafter the “Transaction Fund Account”). Party A will not
be involved in the operations of the Transaction Fund Account.

 

Article 6      Before
applying to Party A for establishing the bank-dealer payment service relationship, the Traders must first successfully open the
Transaction Fund Account with Party B, then open the Bank Settlement Account with Party A in accordance with Article 5 hereof,
and then register and start the bank-dealer payment service through Party A’s online banking services.

 

To apply for establishing the bank-dealer
payment service relationship, the Trader must provide all the necessary data required by Party A for its examination. An individual
or institutional Trader must, while verifying the online banking service of the Bank Settlement Account, enter the verification
password generated by the security code machine (provided by Party A after opening the Bank Settlement Account), and Party A starts
the bank-dealer payment services only after the password is confirmed by Party A’s system.

 

Article 7    The bank-dealer payment
services mainly include the following contents:

 

(i)          The
Parties accept the applications for establishing or cancelling the bank-deal payment services from the Traders;

 

(ii)         The
Traders transfer funds between the Trader Settlement Account and the Special Settlement Account. (1) When the Trader places an
order with Party A to transfer funds from the Trader Settlement Account to the Special Settlement Account, Party A shall transfer
the funds one by one on the real-time basis according to the Trader’s order; Party A only accepts the order to transfer funds
from the Trader Settlement Account to the Special Settlement Account placed by the dealers via the online banking service. After
receiving the order to transfer fund, Party A shall notify Party B via the real-time data transmission over the cable, and notify
Party B of the fund paid to the Special Settlement Account for the whole day and other data via the data transmission; (2) When
Party B places an order with Party A to transfer funds from the Special Settlement Account to the Trader Settlement Account via
the cable, the order shall be deposited into the bank’s settlement account via Party A’s day-end system. Party B hereby
agrees that the order to transfer fund shall be deemed that Party B approves and unconditionally authorizes Party A to transfer
fund from its Special Settlement Account to the Bank Settlement Account, and Party B shall not raise any objection. After receiving
Party B’s order to transfer fund through the cable, Party A will handle the transfer of fund from the Special Settlement
Account to the Bank Settlement Account at the day-end system, and send the confirmation information of that day’s fund deposited
to the Bank Settlement Accounts to Party B via the cable; and Party B shall verify and confirm the information with Party A via
the cable.

 

    	 

    	 

    

  

Chapter III   Party A’s Rights and Obligations 

 

Article 8      Party
A is responsible for establishing and maintaining the bank’s terminal of the Bank-Dealer Payment Service System, ensuring
the connection of Party B’s data cable to the system, unless Party A is unable to perform the above obligation due to any
act or omission of Party B or a force majeure event.

 

Article 9      Party
A is responsible for the system development, equipment purchase, installation and testing, operation and maintenance, etc required
for the bank’s terminal of the Bank-Dealer Payment Service System as well as the expenses on the communication route with
its branches.

 

Article 10     Party
A is responsible for the establishment and cancellation of the bank-dealer payment services, the transfer of fund in accordance
with the relevant provisions of this Agreement as well as the query services on transaction results related to the relevant transactions.

 

    	 

    	 

    

  

Article 11     While
accepting the Trader’s application for the bank-dealer payment services and providing the bank-dealer services, Party A shall
follow the standard procedure for opening bank accounts and perform the obligations of data examination, including verifying the
dealer’s identification and knowing the client, etc. in accordance with its general requirements and process.

 

Article 12    When
the Trader places an order of fund transfer from the Trader Settlement Account to the Special Settlement Account, Party A shall
be responsible for verifying whether the Trader Settlement Account has sufficient fund. If there is not sufficient fund, Party
A will refuse to perform the Trader’s order to transfer fund from the Trader Settlement Account to the Special Settlement
Account. In any cases, all the responsibilities and disputes between the Trader and Party B arising from the transactions or any
other reasons shall be claimed and resolved between Party B and the Traders, and Party A will not be liable or undertake any responsibility.

 

Chapter IV   Party B’s
Rights and Obligations 

 

 

Article 13     Party
B shall pay the cost of equipment purchased by Party A for initial project development; however, Party B does not have any ownership
of the various hardware or software purchased by Party A. All the equipment shall be owned and monitored by Party A, to which Party
B has no any objection.

 

Party B shall pay the rent for all the
leased cable (the initial lease term shall be two years) subject to the price quoted by the telecommunication provider. The cable
shall be used for the connection between Party A and Party B’s sites for production/disaster prevention/testing. Party A
will contact Party B for the payment of the relevant rent once each year.

 

Article 14     Party
B is responsible for the system construction and maintenance of the exchange’s terminal of the Bank-Dealer Payment Service
System, and ensures its connection to Party A’s computer system. Party B shall undertake all the expenses related to the
application, use and maintenance of the required cable connected with Party A’s system.

 

Article 15     Party
B is responsible for the system development, equipment purchase, installation and testing, operation and maintenance, etc required
for the exchange’s terminal of the Bank-Dealer Payment Service System as well as the relevant expenses.

 

    	 

    	 

    

  

Article 16     Party
B is responsible for controlling the transferable amount of fund under the order of fund transfer from the Special Settlement Account
to the Trader Settlement Account, and ensuring that there is sufficient fund in its Special Settlement Account opened with Party
A.

 

Article 17     The
sale and purchase relationship between Party B and the Trader is applicable to Party B and the Trader only; while Party A only
provides the bank-deal payment service and is not involved in or does not undertake any responsibility for any sale or purchase
between Party B and the Trader.

 

Article 18     The
transferable amount of fund in Trader’s Transaction Fund Account opened with Party B, the limit of transferable amount at
each single time, the accumulative transferable amount in each single day and the accumulative times of transfers in a single day
shall be controlled by Party B. Any dispute or controversy arising therefrom between Party B and the Trader shall be resolved by
Party B independently with the Trader.

 

Article 19     Any
fund returned by Party B to the dealer shall be returned to the Trader’s Trader Settlement Account. If the Trader’s
Trader Settlement Account has been cancelled or encounters any other problem, Party B may return the fund to another account only
after providing Party A with the Trader’s written confirmation.

 

Article 20     Party
B shall timely pay the service fee for the bank-dealer payment service and other relevant charges agreed upon between the Parties.
The specific fee standard shall be further provided by the Parties.

 

Chapter V   Verification
of Accounts and Treatment of Errors 

 

 

Article 21     To
facilitate the timely settlement of fund between the Parties, Party B must ensure that there is sufficient fund in its Special
Settlement Account for the current day’s settlement. If there is no sufficient fund in Party B’s account, Party A will
refuse to perform the order of fund transfer from the Special Settlement Account to the Trader Settlement Account, and Party B
shall undertake all the consequences arising therefrom and the damages payable to the Trader.

 

    	 

    	 

    

  

Article 22     The
Parties shall establish the data verification system, with all the accounts subject to the data provided by Party A, unless otherwise
prescribed hereunder. Party A shall transmit the electronic statements (only including the fund transfer conducted via the Bank-Dealer
Payment Service System) to Party B at the end of each transaction day, with the specific time of transmission further determined
by the Parties. If Party A is unable to send the electronic statement in a normal way, it shall notify Party B via telephone, fax
or other communication method. If there is any error in the data, the Parties shall cooperate with each other to find out the reason.
Party B may login in the online banking system to check the transaction records of the relevant Special Settlement Account or print
the historical statements for account verification.

 

Article 23     If
the Trader’s fund transfer order is not executed due to the systems of the Parties, Party B shall notify the Trader of such
failure.

 

Article 24     The
service time of the bank-dealer payment shall be 08:00-16:00, from Monday till Friday (business days of Hong Kong banks). The Traders
may not perform or place orders for the bank-dealer payment service outside the service time. The comprehensive limit for daily
fund transfer between Party B and each Trader shall not exceed HKD1, 000,000.00 (or HKD equivalents).

 

Chapter VI   Connection
of System 

 

 

Article 25     Party
B shall comply with the interface standard provided by Party A. Each of the Parties shall develop its own interface software respectively,
strictly observe the confidentiality agreement and configure the necessary hardware and equipment and pay its own expenses; however,
all the cost of cable and the communication fee involved in the networking between Party A and Party B shall be paid by Party B.

 

Article 26     After
the Parties’ systems are connected, the data communication between the Parties shall be conducted via transmission of encrypted
data. The order transmitted via the data cable between the Parties and the encrypted data shall have the same legal effect.

 

    	 

    	 

    

  

Article 27     When
Party A or Party B improves or upgrades its system, if it may affect the other Party’s interface or data, it shall negotiate
with the other party 30 business days in advance for a proper resolution.

 

Article 28     The
Parties shall closely cooperate with each other to ensure the smooth and safe transmission of data, and prevent the errors, omissions
and time lags of data transmission; if there is any abnormal situation, the Parties shall negotiate for a resolution as soon as
possible.

 

Article 29     The
Parties shall establish the data backup, troubleshooting, disaster recovery and emergency response system, ensure the normal operation
of the bank-dealer payment service and faithfully ensure the fund safety for the clients.

 

Chapter VII    Confidentiality
Obligations

 

Article 30     Party
A and its personnel shall undertake the confidentiality obligation for the Trader’s exchange terminal information and the
Trader’s fund transfer information; Party B shall undertake the confidentiality obligation for the Trader Settlement Account
information, the Trader’s fund transfer information and the relevant information of Party A obtained from the bank-dealer
payment service, and may not disclose such information to any third party without Party A’s approval, unless otherwise required
by the law, ordinances and relevant regulatory rules.

 

Article 31     Both
the Parties shall maintain the confidentiality of the information obtained due to the performance of this Agreement, including
the other Party’s design scheme of new products (or systems) and significant business decision, etc. and may not, without
the other Party’s prior approval in writing, provide them to any third party or use them for any other purpose outside this
Agreement, unless otherwise required by the law, ordinances and relevant regulatory rules.

 

Article 32     The
original files, transaction data, account information and account verification data generated during the operation of the bank-dealer
payment service system shall be stored by the Parties respectively, with the period and method of storage no less than the minimum
requirements under the relevant ordinances. All the above files and other relevant files and data provided between the Parties
shall be confidential information, and may not be provided to any third party without the other Party’s prior approval in
writing, unless otherwise required by the law, ordinances and relevant regulatory rules.

 

    	 

    	 

    

  

Article 33     The
confidentiality agreement under Articles 30 to 32 hereof shall remain in force and survive the termination or expiry of this Agreement.

 

Chapter VIII   Liability
for Breach of Contract and Dispute Resolution 

 

Article 34     All
the errors, accidents and cases occurred during the performance of this Agreement shall be resolved through negotiation in accordance
with the law, ordinances and systems of Hong Kong Special Administrative Region. If there is any economic loss, the Party at fault
shall undertake the compensation responsibility.

 

Article 35     Both
the Parties shall enhance the safety and security of their respective computer systems, and strictly implement the authorization
management. If the normal business operation is affected by the system failure, equipment failure, communication failure, shutdown
of electricity and other accidents or natural disasters, war or force majeure events or there is any business error arising therefrom,
neither Party will undertake any responsibility for the losses that may be suffered by the client, provided they shall work together
to take emergency measures to eliminate the failures.

 

Article 36     During
the performance of this Agreement, if the regulatory authority or the relevant ordinance or regulation is changed and thus affects
the performance of this Agreement, the Parties shall negotiate with each other for the corresponding modification of this Agreement.

 

Article 37     If
there is any question on this Agreement, the Parties shall negotiate for a resolution in the principle of good faith and long-term
cooperation.

 

Article 38     If
Party A breaches this Agreement due to the relevant agreement between it with the Trader, Party A shall undertake the relevant
responsibility; if Party B breaches this Agreement due to the relevant agreement between it with the Trader, Party B shall undertake
the relevant responsibility.

 

Chapter IX   Liability
and Indemnification

 

Article 39     Party
B, on behalf of itself and the Trader, hereunder jointly and severally indemnifies Party A and its agents from all the losses and
damages for all the lawsuits, legal procedures, claims, requests, reasonable expenses and cost arising from or related to the services
provided under this Agreement, unless otherwise attributable to Party A’s negligence or intentional breach of contract or
fraud.

 

    	 

    	 

    

  

Article 40     Party
A shall not be liable for any loss or damage or failure to or delay in the performance of its obligations hereunder that are directly
or indirectly arising from an event or circumstance that is beyond Party A’s reasonable control.

 

Chapter X   Termination

 

Article 41   This
Agreement shall be valid for three years from the effective date when both the legal representatives of the Parties or their authorized
agents have signed the Agreement and affix their respective company seals. This Agreement shall be renewed each time for another
three years if neither Party raises any objection to the renewal within thirty days prior to its expiry. This Agreement shall remain
in force until either Party gives the other Party at least a thirty-day written notice of termination; however, in the following
circumstances, either Party may notify the other Party to terminate the Agreement immediately:

 

(i)          Any
Party has disrupted or breached any material term of this Agreement and fails to correct its action within thirty days after the
service of a written notice requesting for corrections;

 

(ii)         Any Party enters into liquidation, or becomes bankrupt or is unable to pay its debts or become insolvent, or it passes a
resolution on dissolution or is subject to a request for liquidation, or any of its assets is assigned the receiver or
bankruptcy trustee or other similar personnel.

 

Article 42     Any
termination of this Agreement in accordance with this Article shall not affect any of the rights, obligations or responsibilities
incurred prior to the termination of this Agreement.

  

Chapter XI   Miscellaneous

 

 

Article 43     The
Parties shall formulate their management systems and operational procedures on the basis of the business processes, and properly
implement their respective employee training, so as to ensure the compliance of business operations.

 

    	 

    	 

    

  

Article 44     The
Parties’ advertisements on the bank-dealer payment service in mass media must be true and reliable; if the content or form
of any advertisement involves the other Party, it shall be implemented only after approved by the other Party.

 

Article 45     After
this Agreement enters into force, neither Party may refuse to perform its obligations hereunder by reason of the change of its
company name or legal representative, principal-in-charge or contact person, etc. Any matter not prescribed in this Agreement may
be resolved between the Parties through further negotiation.

 

Article 46     Both
the Parties promises to maintain intimate and comprehensive cooperation relationship in the relevant business areas, e.g. Party
B may offer Party A the priority while selecting the support bank, and Party A may offer Party B the priority while selecting the
partners for the bank-dealer comprehensive business; and their cooperation may grow in line with the development of market and
businesses.

 

Article 47     This
Agreement is signed in two copies, with each Party holding one copy, and both the copies are equally effective.

 

Chapter XII   Applicable
Law 

 

 

Article 48     This
Agreement shall be governed by and interpreted in accordance with the laws of Hong Kong Special Administrative Region. Both the
Parties hereby irrevocably accept the court of Hong Kong Special Administrative Region as the non-exclusive governing court.

  

	Party A (Company Seal): (Seal of Wing Lung Bank Ltd.) 	Party B (Company Seal): (Hong Kong Takung Assets and Equity of Artworks Exchange Co., Ltd.) 
	Legal representative (or authorized agent): (Signature) 	Legal representative (or authorized agent): (Signature)
	Signing date: August 20, 2013	Signing date: July 2, 2013

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