Document:

EX-10.3

 Exhibit 10.3 

INDEMNIFICATION AGREEMENT 

This Indemnification Agreement (“Agreement”) is made as of June 30, 2017 by and between WildHorse Resource
Development Corporation, a Delaware corporation (the “Company”), and Martin W. Sumner (“Indemnitee”). 

RECITALS: 

WHEREAS, directors, officers and other persons in service to corporations or business enterprises are subjected to expensive and
time-consuming litigation relating to, among other things, matters that traditionally would have been brought only against the Company or business enterprise itself; 

WHEREAS, highly competent persons have become more reluctant to serve as directors, officers or in other capacities unless they are provided
with adequate protection through insurance and adequate indemnification against inordinate risks of claims and actions against them arising out of their service to and activities on behalf of the corporation; 

WHEREAS, the Board of Directors of the Company (the “Board”) has determined that the increased difficulty in
attracting and retaining such persons is detrimental to the best interests of the Company and its stockholders and that the Company should act to assure such persons that there will be increased certainty of such protection in the future;

 WHEREAS, (i) the Amended and Restated Bylaws of the Company (as may be amended, the “Bylaws”)
requires indemnification of the officers and directors of the Company (ii) Indemnitee may also be entitled to indemnification pursuant to the General Corporation Law of the State of Delaware (“DGCL”) and (iii) the
Bylaws and the DGCL expressly provide that the indemnification provisions set forth therein are not exclusive and thereby contemplate that contracts may be entered into between the Company and members of the Board, officers and other persons with
respect to indemnification; 
 WHEREAS, this Agreement is a supplement to and in furtherance of the Bylaws and the Amended and
Restated Certificate of Incorporation of the Company (as may be amended, the “Certificate of Incorporation”) and any resolutions adopted pursuant thereto, and shall not be deemed a substitute therefore, nor to diminish or
abrogate any rights of Indemnitee thereunder; and 
 WHEREAS, (i) Indemnitee does not regard the protection available under the
Bylaws and insurance as adequate in the present circumstances, (ii) Indemnitee may not be willing to serve or continue to serve as a director or officer of the Company without adequate protection, (iii) the Company desires Indemnitee to
serve in such capacity, and (iv) Indemnitee is willing to serve, continue to serve and to take on additional service for or on behalf of the Company on the condition that Indemnitee be so indemnified. 

 AGREEMENT: 

NOW, THEREFORE, in consideration of the premises and the covenants contained herein, the Company and Indemnitee do hereby covenant and agree
as follows: 
 Section 1. Definitions. (a) As used in this Agreement: 

“Affiliate” of any specified Person shall mean any other Person directly or indirectly controlling, controlled
by or under common control with such specified Person. 
 “Corporate Status” describes the status of a
person who is or was a director, officer, employee or agent of (i) the Company or (ii) any other corporation, limited liability company, partnership or joint venture, trust, employee benefit plan or other enterprise which such person is or
was serving at the request of the Company. 
 “Disinterested Director” shall mean 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. 

“Enterprise” shall mean the Company and any other corporation, limited liability company, partnership, joint
venture, trust, employee benefit plan or other enterprise of which Indemnitee is or was serving at the request of the Company as a director, officer, employee, trustee, agent or fiduciary. 

“Exchange Act” shall mean the Securities Exchange Act of 1934, as amended. 

“Expenses” shall mean all reasonable costs, expenses, fees and charges, including, without limitation, attorneys’
fees, retainers, court costs, transcript costs, fees of experts, witness fees, travel expenses, duplicating costs, printing and binding costs, telephone charges, postage, delivery service fees, and all other disbursements or expenses of the types
customarily incurred in connection with prosecuting, defending, preparing to prosecute or defend, investigating, being or preparing to be a witness in, or otherwise participating in, a Proceeding. Expenses also shall include, without limitation,
(i) expenses incurred in connection with any appeal resulting from, incurred by Indemnitee in connection with, arising out of, or in respect of or relating to, any Proceeding, including, without limitation, the premium, security for, and other
costs relating to any cost bond, supersedes bond, or other appeal bond or its equivalent, (ii) for purposes of Section 12(d) hereof only, expenses incurred by Indemnitee in connection with the interpretation, enforcement or defense
of Indemnitee’s rights under this Agreement, by litigation or otherwise, (iii) any federal, state, local or foreign taxes imposed on Indemnitee as a result of the actual or deemed receipt of any payments under this Agreement, and
(iv) any interest, assessments or other charges in respect of the foregoing. “Expenses” shall not include “Liabilities.” 

“Indemnity Obligations” shall mean all obligations of the Company to Indemnitee under this Agreement, including
the Company’s obligations to provide indemnification to Indemnitee and advance Expenses to Indemnitee under this Agreement. 

“Independent Counsel” shall mean a law firm of fifty (50) or more attorneys, or a member of a law firm of
fifty (50) or more attorneys, that is experienced in matters of corporation law and neither presently is, nor in the past five (5) 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 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; provided, however, that 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. 

  
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 “Liabilities” shall mean all claims, liabilities, damages, losses,
judgments, orders, fines, penalties and other amounts payable in connection with, arising out of, or in respect of or relating to any Proceeding, including, without limitation, amounts paid in settlement in any Proceeding and all costs and expenses
in complying with any judgment, order or decree issued or entered in connection with any Proceeding or any settlement agreement, stipulation or consent decree entered into or issued in settlement of any Proceeding. 

“Person” shall mean any individual, corporation, partnership, limited partnership, limited liability company,
trust, governmental agency or body or any other legal entity. 
 “Proceeding” shall mean any
threatened, pending or completed action, claim, suit, arbitration, alternate dispute resolution mechanism, formal or informal hearing, inquiry or investigation, litigation, inquiry, administrative hearing or any other actual, threatened or completed
judicial, administrative or arbitration proceeding (including, without limitation, any such proceeding under the Securities Act of 1933, as amended, or the Exchange Act or any other federal law, state law, statute or regulation), whether brought in
the right of the Company or otherwise, and whether of a civil, criminal, administrative or investigative nature, in each case, in which Indemnitee was, is or will be, or is threatened to be, involved as a party, witness or otherwise by reason of the
fact that Indemnitee is or was a director or officer of the Company, by reason of any actual or alleged action taken by Indemnitee (or a failure to take action by Indemnitee) or of any action (or inaction) on Indemnitee’s part while acting as
director or officer of the Company, or by reason of the fact that Indemnitee is or was serving at the request of the Company as a director, officer, trustee, employee or agent of another corporation, limited liability company, partnership, joint
venture, trust or other enterprise, in each case whether or not serving in such capacity at the time any liability or expense is incurred for which indemnification, reimbursement, or advancement can be provided under this Agreement. 

“Sponsor Entities” means (i) WHR Holdings, LLC, Esquisto Holdings, LLC, WHE AcqCo Holdings, LLC, WildHorse
Investment Holdings, LLC, Esquisto Investment Holdings, LLC, NGP IX Holdings, L.P., NGP X US Holdings, L.P., NGP XI Holdings, L.P., and CP VI Eagle Holdings, L.P. and (ii) any of their respective Affiliates and any investment fund or other
Person advised or managed by any Sponsor Entity, in each case, which owns or owned a direct or indirect interest in the Company; provided, however, that neither the Company nor any of its subsidiaries shall be considered Sponsor Entities
hereunder. 
 (b) For the purpose hereof, references to “fines” shall include any excise tax assessed with respect to any
employee benefit plan; references to “serving at the request of the Company” shall include any service as a director, officer, employee or agent of the Company which imposes duties on, or involves services by, such director, officer,
employee or agent with respect to an employee benefit plan, its participants or beneficiaries; and a Person who acted in good faith and in a manner such Person reasonably believed to be in the best interests of the participants and beneficiaries of
an employee benefit plan shall be deemed to have acted in a manner “not opposed to the best interests of the Company” as referred to in this Agreement. 

  
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 Section 2. Indemnity in Third-Party Proceedings. The Company shall indemnify
and hold harmless Indemnitee, to the fullest extent permitted by applicable law, from and against all Liabilities and Expenses suffered or reasonably incurred (and, in the case of retainers, reasonably expected to be incurred) by Indemnitee or on
Indemnitee’s behalf in connection with any Proceeding (other than any Proceeding brought by or in the right of the Company to procure a judgment in its favor, which is provided for in Section 3 below), or any claim, issue or matter
therein. 
 Section 3. Indemnity in Proceedings by or in the Right of the Company. The Company shall indemnify and hold
harmless Indemnitee, to the fullest extent permitted by applicable law, from and against all Liabilities and Expenses suffered or incurred (and, in the case of retainers, reasonably expected to be incurred) by Indemnitee or on Indemnitee’s
behalf in connection with any Proceeding brought by or in the right of the Company to procure a judgment in its favor, or any claim, issue or matter therein. No indemnification for Expenses shall be made under this Section 3 in respect
of any claim, issue or matter as to which Indemnitee shall have been finally adjudged by a court to be liable to the Company, unless and only to the extent that the Delaware Court of Chancery or any court in which the Proceeding was brought shall
determine upon application that, despite the adjudication of liability but in view of all the circumstances of the case, Indemnitee is fairly and reasonably entitled to indemnification. 

Section 4. Indemnification for Expenses of a Party Who is Wholly or Partly Successful. Notwithstanding any other provisions
of this Agreement, and without limiting the rights of Indemnitee under any other provision hereof, including any rights to indemnification pursuant to Sections 2 or 3 hereof, to the fullest extent permitted by applicable law, to
the extent that Indemnitee is successful, on the merits or otherwise, in any Proceeding or in defense of any claim, issue or matter therein, in whole or in part, the Company shall indemnify Indemnitee against all Expenses actually and reasonably
incurred (and, in the case of retainers, reasonably expected to be incurred) by Indemnitee or on Indemnitee’s behalf in connection with each successfully resolved Proceeding, claim, issue or matter. For purposes of this Section 4
and without limitation, the termination of any Proceeding or claim, issue or matter in such a Proceeding by dismissal, with or without prejudice, shall be deemed to be a successful result as to such claim, issue or matter. 

Section 5. Indemnification For Expenses of a Witness. Notwithstanding any other provision of this Agreement, to the
fullest extent permitted by applicable law and to the extent that Indemnitee is, by reason of Indemnitee’s Corporate Status or in its capacity as a representative of the Sponsor Entities with respect to their ownership interests in the Company,
a witness or otherwise a participant, including by receipt of a subpoena, in any Proceeding to which Indemnitee is not a party and is not threatened to be made a party, Indemnitee shall be indemnified against all Expenses suffered or incurred (or,
in the case of retainers, reasonably expected to be incurred) by Indemnitee or on Indemnitee’s behalf in connection therewith. 

Section 6. Additional Indemnification. Notwithstanding any limitation in Sections 2, 3 or 4
hereof, the Company shall indemnify Indemnitee to the fullest extent permitted by applicable law if Indemnitee is a party to or threatened to be made a party to any Proceeding (including a Proceeding by or in the right of the Company to procure a
judgment in its favor) against all Liabilities and Expenses suffered or reasonably incurred (and, in the case of retainers, reasonably expected to be incurred) by Indemnitee in connection with such Proceeding, including but not limited to: 

  
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 (a) the fullest extent permitted by the provision of the DGCL that authorizes or contemplates
additional indemnification by agreement, or the corresponding provision of any amendment to or replacement of the DGCL; and 
 (b) the
fullest extent authorized or permitted by any amendments to or replacements of the DGCL adopted after the date of this Agreement that increase the extent to which a corporation may indemnify its officers and directors. 

Section 7. Exclusions. Notwithstanding any provision in this Agreement, the Company shall not be obligated under this
Agreement to indemnify or hold harmless Indemnitee, or, in the case of (a) and (c), to advance Expenses to Indemnitee: 
 (a) for
which payment has actually been made to or on behalf of Indemnitee under any insurance policy obtained by the Company except with respect to any excess beyond the amount paid under such insurance policy; 

(b) for an accounting of profits made from the purchase and sale (or sale and purchase) by Indemnitee of securities of the Company within the
meaning of Section 16(b) of the Exchange Act or similar provisions of state statutory law or common law; 
 (c) except as provided in
Section 12(d) of this Agreement, in connection with any Proceeding (or any part of any Proceeding) initiated by Indemnitee or, if Indemnitee was nominated to the Board by one of more of the Sponsor Entities, such Sponsor Entity,
including any Proceeding (or any part of any Proceeding) initiated by Indemnitee or, if Indemnitee was nominated to the Board by one or more of the Sponsor Entities, such Sponsor Entity, against the Company or its directors, officers, employees or
other indemnitees, unless (i) the Board authorized the Proceeding (or any part of any Proceeding) prior to its initiation, (ii) the Company provides the indemnification, in its sole discretion, pursuant to the powers vested in the Company
under applicable law or (iii) such Proceeding is being brought by Indemnitee to assert, interpret or enforce Indemnitee’s rights under this Agreement (for the avoidance of doubt, Indemnitee shall not be deemed, for purposes of this
subsection, to have initiated or brought any claim by reason of (A) having asserted any affirmative defenses in connection with a claim not initiated by Indemnitee or (B) having made any counterclaim (whether permissive or mandatory) in
connection with any claim not initiated by Indemnitee); or 
 (d) if a final decision by a court having jurisdiction in the matter that is
not subject to appeal shall determine that such indemnification is not lawful. 
 Section 8. Advancement. In
accordance with the pre-existing requirements of the Bylaws, and notwithstanding any provision of this Agreement to the contrary, the Company shall advance, to the extent not prohibited by applicable law, the Expenses and Liabilities reasonably
incurred by Indemnitee in connection with any Proceeding, and such advancement shall be made within thirty (30) days after the receipt by the Company of a statement or statements requesting such advances from time to time, whether prior to or
after final disposition of any Proceeding. Advances shall be unsecured and interest free. Advances shall be made without regard to  

  
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Indemnitee’s ability to repay the Expenses and without regard to Indemnitee’s ultimate entitlement to indemnification under the other provisions of this Agreement. Advances shall
include any and all Expenses reasonably incurred pursuing an action to enforce this right of advancement, including Expenses incurred preparing and forwarding statements to the Company to support the advances claimed. Indemnitee shall qualify for
advances upon the execution and delivery to the Company of this Agreement, which shall constitute an undertaking providing that Indemnitee undertakes to repay the amounts advanced to the extent that it is ultimately determined by final judicial
decision from which there is no further right to appeal that the Indemnitee is not entitled to be indemnified by the Company. Nothing in this Section 8 shall limit Indemnitee’s right to advancement pursuant to
Section 12(d) of this Agreement. This Section 8 shall not apply to any claim made by Indemnitee for which indemnity is excluded pursuant to Sections 7(a) or (c) hereof. 

Section 9. Procedure for Notification and Defense of Claim. 

(a) Indemnitee shall promptly notify the Company in writing of any Proceeding with respect to which Indemnitee intends to seek
indemnification or advancement hereunder following the receipt by Indemnitee of written notice thereof (the date of such notification, the “Submission Date”). The written notification to the Company shall include a
description of the nature of the Proceeding and the facts underlying the Proceeding. To obtain indemnification under this Agreement, Indemnitee shall submit to the Company a written request, including therein or therewith such documentation and
information as is reasonably available to Indemnitee and is reasonably necessary to determine whether and to what extent Indemnitee is entitled to indemnification following the final disposition of such Proceeding, including any appeal therein. Any
delay or failure by Indemnitee to notify the Company hereunder will not relieve the Company from any liability which it may have to Indemnitee hereunder or otherwise than under this Agreement, and any delay or failure in so notifying the Company
shall not constitute a waiver by Indemnitee of any rights under this Agreement. The Secretary of the Company shall, promptly upon receipt of such a request for indemnification, advise the Board in writing that Indemnitee has requested
indemnification. 
 (b) In the event Indemnitee is entitled to indemnification and/or advancement with respect to any Proceeding,
Indemnitee may, at Indemnitee’s option, (i) retain counsel (including local counsel) selected by Indemnitee and approved by the Company to defend Indemnitee in such Proceeding, at the sole expense of the Company (which approval shall not
be unreasonably withheld, conditioned or delayed), or (ii) have the Company assume the defense of Indemnitee in such Proceeding, in which case the Company shall assume the defense of such Proceeding with counsel selected by the Company and
approved by Indemnitee (which approval shall not be unreasonably withheld, conditioned or delayed) within ten (10) days of the Company’s receipt of written notice of Indemnitee’s election to cause the Company to do so. If the Company
is required to assume the defense of any such Proceeding, it shall engage legal counsel for such defense, and the Company shall be solely responsible for all fees and expenses of such legal counsel and otherwise of such defense. Such legal counsel
may represent both Indemnitee and the Company (and any other party or parties entitled to be indemnified by the Company with respect to such matter) unless, in the reasonable opinion of legal counsel to Indemnitee, there is a conflict of interest
between Indemnitee and the Company (or any other such party or parties) or there are legal defenses available to Indemnitee that are not available to 

  
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the Company (or any such other party or parties). Notwithstanding either party’s assumption of responsibility for defense of a Proceeding, each party shall have the right to engage separate
counsel at its own expense. If the Company has responsibility for defense of a Proceeding, the Company shall provide the Indemnitee and its counsel with all copies of pleadings and material correspondence relating to the Proceeding. Indemnitee and
the Company shall reasonably cooperate in the defense of any Proceeding with respect to which indemnification is sought hereunder, regardless of whether the Company or Indemnitee assumes the defense thereof. Indemnitee may not settle or compromise
any Proceeding without the prior written consent of the Company, which consent shall not be unreasonably withheld, conditioned or delayed. The Company may not settle or compromise any Proceeding without the prior written consent of Indemnitee. 

Section 10. Procedure Upon Application for Indemnification. 

(a) Upon written request by Indemnitee for indemnification pursuant to Section 9(a) hereof, if any determination by the Company is
required by applicable law with respect to Indemnitee’s entitlement thereto, such determination shall be made (i) if Indemnitee shall request such determination be made by Independent Counsel, by Independent Counsel, and (ii) in all
other circumstances, (A) by a majority vote of the Disinterested Directors, even though less than a quorum of the Board, (B) by a committee of Disinterested Directors designated by a majority vote of the Disinterested Directors, even
though less than a quorum of the Board, (C) if there are no such Disinterested Directors or, if such Disinterested Directors so direct, by Independent Counsel in a written opinion to the Board, a copy of which shall be delivered to Indemnitee,
or (D) if so directed by the Board, by the stockholders of the Company holding a majority of the securities of the Company entitled to vote; and, if it is so determined that Indemnitee is entitled to indemnification, payment to Indemnitee shall
be made within ten (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
Expenses incurred by Indemnitee in so cooperating with the person, persons or entity making such determination shall, to the fullest extent permitted by law, 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. The Company will not deny any written request for indemnification hereunder made in good faith by Indemnitee unless a determination
as to Indemnitee’s entitlement to such indemnification described in this Section 10(a) has been made. The Company agrees to pay the reasonable fees and expenses of the Independent Counsel referred to above and to fully indemnify
such counsel against any and all Liabilities and Expenses arising out of or relating to this Agreement or its engagement pursuant hereto. 

(b) In the event the determination of entitlement to indemnification is to be made by Independent Counsel pursuant to Section 10(a)
hereof, (i) the Independent Counsel shall be selected by the Company within ten (10) days of the Submission Date (the cost of such Independent Counsel to be paid by the Company), (ii) the Company shall give written notice to
Indemnitee advising it of the identity of the Independent Counsel so selected and (iii) Indemnitee 

  
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may, within ten (10) days after such written notice of selection shall have been given, deliver to the Company Indemnitee’s written objection to such selection. Such objection by
Indemnitee may be asserted only on the ground that the Independent Counsel selected does not meet the requirements of “Independent Counsel” as defined in this Agreement. If such written objection is made and substantiated, the Independent
Counsel selected shall not serve as Independent Counsel unless and until Indemnitee withdraws the objection or a court has determined that such objection is without merit. Absent a timely objection, the person so selected shall act as Independent
Counsel. If no Independent Counsel shall have been selected and not objected to before the later of (A) thirty (30) days after the Submission Date and (B) ten (10) days after the final disposition of the Proceeding, including any
appeal therein, each of the Company and Indemnitee shall select a law firm or member of a law firm meeting the qualifications to serve as Independent Counsel, and such law firms or members of law firms shall select the Independent Counsel. 

Upon the due commencement of any judicial proceeding or arbitration pursuant to Section 12(a) of this Agreement, Independent Counsel shall be
discharged and relieved of any further responsibility in such capacity (subject to the applicable standards of professional conduct then prevailing). 

Section 11. Presumptions and Effect of Certain Proceedings. 

(a) In making a determination with respect to entitlement to indemnification hereunder, the person, persons or entity making such determination
shall, to the fullest extent not prohibited by applicable law, presume that Indemnitee is entitled to indemnification under this Agreement if Indemnitee has submitted a request for indemnification in accordance with Section 9(a) of this
Agreement, and the Company shall, to the fullest extent not prohibited by applicable law, 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. Neither the failure of the Company (including by its directors or Independent Counsel) to have made a determination prior to the commencement of any action pursuant to this Agreement that indemnification is proper in the circumstances
because Indemnitee has met the applicable standard of conduct, nor an actual determination by the Company (including by its directors or Independent Counsel) that Indemnitee has not met such applicable standard of conduct, shall be a defense to the
action or create a presumption that Indemnitee has not met the applicable standard of conduct. 
 (b) Subject to Section 12(e)
hereof, if the person, persons or entity empowered or selected under Section 10 of this Agreement to determine whether Indemnitee is entitled to indemnification shall not have made a determination within sixty (60) days after
receipt by the Company of the request therefore, the requisite determination of entitlement to indemnification shall, to the fullest extent not prohibited by applicable law, be deemed to have been made and Indemnitee shall be entitled to such
indemnification, absent a prohibition of such indemnification under applicable law; provided, however, that such 60-day period may be extended for a reasonable time, not to exceed an additional thirty (30) days, if (i) the determination is
to be made by Independent Counsel and Indemnitee objects to the Company’s selection of Independent Counsel and (ii) the Independent Counsel ultimately selected requires such additional time for the obtaining or evaluating of documentation
or information relating thereto; provided further, however, that such 60-day period may also be extended for a reasonable time, not to exceed an additional sixty (60) days, if the determination of entitlement to indemnification is to be made by
the stockholders of the Company. 

  
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 (c) The termination of any Proceeding or of any claim, issue or matter therein, by judgment,
order, settlement or conviction, or upon a plea of nolo contendere or its equivalent, shall not (except as otherwise expressly provided in this Agreement) 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 Indemnitee 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
Indemnitee’s conduct was unlawful. 
 (d) Reliance as Safe Harbor. 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 Enterprise, including financial statements, or on information supplied to Indemnitee by the officers of the
Enterprise in the course of their duties, or on the advice of legal counsel for the Enterprise or on information or records given or reports made to the Enterprise by an independent certified public accountant or by an appraiser or other expert
selected with the reasonable care by the Enterprise. The provisions of this Section 11(d) shall not be deemed to be exclusive or to limit in any way the other circumstances in which Indemnitee may be deemed to have met the applicable
standard of conduct set forth in this Agreement. 
 (e) Actions of Others. The knowledge or actions, or failure to act, of any
director, officer, agent or employee of the Enterprise shall not be imputed to Indemnitee for purposes of determining the right to indemnification under this Agreement. 

Section 12. Remedies of Indemnitee. 

(a) Subject to Section 12(e) hereof, in the event that (i) a determination is made pursuant to Section 10 of this
Agreement that Indemnitee is not entitled to indemnification under this Agreement, (ii) advancement is not timely made pursuant to Section 8 of this Agreement, (iii) no determination of entitlement to indemnification shall have
been timely made pursuant to Section 10(a) of this Agreement within sixty (60) days after receipt by the Company of the request for indemnification, (iv) payment of indemnification is not made pursuant to Sections 4 or 5 or the
third to the last sentence of Section 10(a) of this Agreement within ten (10) days after receipt by the Company of a written request therefor, (v) payment of indemnification pursuant to Sections 2, 3 or
6 of this Agreement is not made within ten (10) days after a determination has been made that Indemnitee is entitled to indemnification, or (vi) in the event that the Company or any other Person takes or threatens to take any action
to declare this Agreement void or unenforceable, or institutes any litigation or other action or proceeding designed to deny, or to recover from, Indemnitee the benefits provided or intended to be provided to Indemnitee hereunder, Indemnitee shall
be entitled to an adjudication by a court of Indemnitee’s entitlement to such indemnification or advancement. Alternatively, Indemnitee, at Indemnitee’s option, may seek an award in arbitration to be conducted by a single arbitrator
pursuant to the Commercial Arbitration Rules of the American Arbitration Association. The Company shall not oppose Indemnitee’s right to seek any such adjudication or award in arbitration. 

  
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 (b) In the event that a determination shall have been made pursuant to Section 10(a)
of this Agreement that Indemnitee is not entitled to indemnification, any judicial proceeding or arbitration commenced pursuant to this Section 12 shall be conducted in all respects as a de novo trial, or arbitration, on the merits and
Indemnitee shall not be prejudiced by reason of that adverse determination. In any judicial proceeding or arbitration commenced pursuant to this Section 12 the Company shall have the burden of proving Indemnitee is not entitled to
indemnification or advancement, as the case may be. 
 (c) If a determination shall have been made pursuant to Section 10(a) of
this Agreement that Indemnitee is entitled to indemnification, the Company shall be bound by such determination in any judicial proceeding or arbitration commenced pursuant to this Section 12, absent a prohibition of such indemnification
under applicable law. 
 (d) The Company shall, to the fullest extent not prohibited by applicable law, be precluded from asserting in any
judicial proceeding or arbitration commenced pursuant to this Section 12 that the procedures and presumptions of this Agreement are not valid, binding and enforceable and shall stipulate in any such court or before any such arbitrator
that the Company is bound by all the provisions of this Agreement. It is the intent of the Company that Indemnitee not be required to incur Expenses associated with the interpretation, enforcement or defense of Indemnitee’s rights under this
Agreement by litigation or otherwise because the cost and expense thereof would substantially detract from the benefits intended to be extended to Indemnitee hereunder. The Company shall indemnify Indemnitee against any and all Expenses and, if
requested by Indemnitee, shall (within ten (10) days after receipt by the Company of a written request therefore) advance, to the extent not prohibited by applicable law, such Expenses to Indemnitee, which are incurred by Indemnitee in
connection with any action brought by Indemnitee for indemnification or advancement from the Company under this Agreement or the Bylaws, or under any directors’ and officers’ liability insurance policies maintained by the Company,
regardless of whether Indemnitee ultimately is determined to be entitled to such indemnification, advancement or insurance recovery, as the case may be. 

(e) Notwithstanding anything in this Agreement to the contrary, no determination as to entitlement to indemnification under this Agreement
shall be required to be made prior to the final disposition of the Proceeding, including any appeal therein; provided that, in absence of any such determination with respect to such Proceeding, the Company shall advance Expenses with respect to such
Proceeding. 
 Section 13. Non-Exclusivity; Survival of Rights; Insurance; Subrogation. 

(a) The rights of indemnification and to receive advancement as provided by this Agreement shall not be deemed exclusive of any other rights to
which Indemnitee may at any time be entitled under applicable law, the Certificate of Incorporation, the Bylaws, any agreement, a vote of stockholders or a resolution of directors, or otherwise. No amendment, alteration or repeal of this Agreement
or of any provision hereof shall limit or restrict any right of Indemnitee under this Agreement in respect of any action taken or omitted by such Indemnitee 

  
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in Indemnitee’s Corporate Status prior to such amendment, alteration or repeal. The Company shall not adopt any amendment or alteration to, or repeal of, the Certificate of Incorporation or
the Bylaws, the effect of which would be to deny, diminish or encumber the Indemnitee’s rights to indemnification pursuant to this Agreement, the Certificate of Incorporation, the Bylaws or applicable law relative to such rights prior to such
amendment, alteration or repeal. To the extent that a change in Delaware law, whether by statute or judicial decision, permits greater indemnification or advancement than would be afforded currently under the Bylaws or this Agreement, it is the
intent of the parties hereto that Indemnitee shall enjoy by this Agreement the greater benefits so afforded by such change. No right or remedy herein conferred is intended to be exclusive of any other right or remedy, and every other right and
remedy shall be cumulative and in addition to every other right and remedy given hereunder or now or hereafter existing at law or in equity or otherwise. The assertion or employment of any right or remedy hereunder, or otherwise, shall not prevent
the concurrent assertion or employment of any other right or remedy. 
 (b) The Company hereby acknowledges that Indemnitee may have
certain rights to indemnification, advancement and insurance provided by one or more Persons with whom or which Indemnitee may be associated (including, without limitation, any Sponsor Entity). The Company hereby acknowledges and agrees that
(i) the Company shall be the indemnitor of first resort with respect to any Proceeding, Expense, Liability or matter that is the subject of the Indemnity Obligations, (ii) the Company shall be primarily liable for all Indemnity Obligations
and any indemnification afforded to Indemnitee in respect of any Proceeding, Expense, Liability or matter that is the subject of Indemnity Obligations, whether created by applicable law, organizational or constituent documents, contract (including
this Agreement) or otherwise, (iii) any obligation of any other Persons with whom or which Indemnitee may be associated (including, without limitation, any Sponsor Entity) to indemnify Indemnitee or advance Expenses or Liabilities to Indemnitee
in respect of any Proceeding shall be secondary to the obligations of the Company hereunder, (iv) the Company shall be required to indemnify Indemnitee and advance Expenses or Liabilities to Indemnitee hereunder to the fullest extent provided
herein without regard to any rights Indemnitee may have against any other Person with whom or which Indemnitee may be associated (including, without limitation, any Sponsor Entity) or insurer of any such Person and (v) the Company irrevocably
waives, relinquishes and releases any other Person with whom or which Indemnitee may be associated (including, without limitation, any Sponsor Entity) from any claim of contribution, subrogation or any other recovery of any kind in respect of
amounts paid by the Company hereunder. In the event any other Person with whom or which Indemnitee may be associated (including, without limitation, any Sponsor Entity) or their insurers advances or extinguishes any liability or loss which is
the subject of any Indemnity Obligation owed by the Company or payable under any Company insurance policy, the payor shall have a right of subrogation against the Company or its insurer or insurers for all amounts so paid which would otherwise be
payable by the Company or its insurer or insurers under this Agreement. In no event will payment of an Indemnity Obligation by any other Person with whom or which Indemnitee may be associated (including, without limitation, any Sponsor Entity) or
their insurers affect the obligations of the Company hereunder or shift primary liability for any Indemnity Obligation to any other Person with whom or which Indemnitee may be associated (including, without limitation, any Sponsor Entity). Any
indemnification, insurance or advancement provided by any other Person with whom or which Indemnitee may be associated (including, without limitation, any Sponsor Entity) with respect to  

  
 11 

 
any liability arising as a result of Indemnitee’s Corporate Status or capacity as an officer or director of any Person is specifically in excess over any Indemnity Obligation of the Company
or valid and any collectible insurance (including but not limited to any malpractice insurance or professional errors and omissions insurance) provided by the Company under this Agreement. 

(c) To the extent that the Company maintains an insurance policy or policies providing liability insurance for directors, officers, employees,
trustees, or agents of any Enterprise, 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 such director, officer, employee, trustee or agent under such
policy or policies and such policies shall provide for and recognize that the insurance policies are primary to any rights to indemnification, advancement or insurance proceeds to which Indemnitee may be entitled from one or more Persons with whom
or which Indemnitee may be associated (including, without limitation, any Sponsor Entity) to the same extent as the Company’s indemnification and advancement obligations set forth in this Agreement. If, at the time of the receipt of a notice of
a claim pursuant to the terms hereof, the Company has director and officer liability insurance in effect, the Company shall give prompt notice of the commencement of such Proceeding to the insurers in accordance with the procedures set forth in the
respective policies. The Company shall thereafter take all necessary or desirable action to cause such insurers to pay, on behalf of Indemnitee, all amounts payable as a result of such Proceeding in accordance with the terms of such policies. 

(d) In the event of any payment under this Agreement, the Company shall be subrogated to the rights of recovery of Indemnitee, including rights
of indemnification provided to Indemnitee from any other person or entity with whom Indemnitee may be associated; provided, however, that the Company shall not be subrogated to the extent of any such payment of all rights of recovery of Indemnitee
with respect to any Person with whom or which Indemnitee may be associated (including, without limitation, any Sponsor Entity). 
 (e) The
indemnification and contribution provided for in this Agreement will remain in full force and effect regardless of any investigation made by or on behalf of Indemnitee. 

Section 14. Duration of Agreement; Not Employment Contract. This Agreement shall continue until and terminate upon the
latest of: (i) ten (10) years after the date that Indemnitee shall have ceased to serve as director, officer, employee or agent of the Company or any other Enterprise and (ii) one (1) year after the date of final termination of
any Proceeding, including any appeal, then pending in respect of which Indemnitee is granted rights of indemnification or advancement hereunder and of any proceeding, including any appeal, commenced by Indemnitee pursuant to Section 12
of this Agreement relating thereto. This Agreement shall be binding upon the Company and its successors and assigns and shall inure to the benefit of Indemnitee and Indemnitee’s heirs, executors and administrators. The Company shall require and
cause any successor, and any direct or indirect parent of any successor, whether direct or indirect by purchase, merger, consolidation or otherwise, to all, substantially all or a substantial part, of the business and/or assets of the Company, by
written agreement in form and substance satisfactory to Indemnitee, expressly to assume and agree to perform this Agreement in the same manner and to the same extent that the Company would be required to perform if no such succession had taken
place. This Agreement shall not be deemed an employment contract 

  
 12 

 
between the Company (or any of its subsidiaries or any other Enterprise) and Indemnitee. Indemnitee specifically acknowledges that Indemnitee’s employment with the Company (or any of its
subsidiaries or any other Enterprise), if any, is at will, and Indemnitee may be discharged at any time for any reason, with or without cause, except as may be otherwise provided in any written employment contract between Indemnitee and the Company
(or any of its subsidiaries or any other Enterprise), other applicable formal severance policies duly adopted by the Board, or, with respect to service as a director of the Company, by the Certificate of Incorporation, the Bylaws or the DGCL. 

Section 15. Severability. If any provision or provisions of this Agreement shall be held to be invalid, illegal or
unenforceable for any reason whatsoever: (a) the validity, legality and enforceability of the remaining provisions of this Agreement (including, without limitation, each portion of any Section of this Agreement containing any such provision
held to be invalid, illegal or unenforceable that is not itself invalid, illegal or unenforceable) shall not in any way be affected or impaired thereby and shall remain enforceable to the fullest extent permitted by applicable law; (b) such
provision or provisions shall be deemed reformed to the extent necessary to conform to applicable law and to give the maximum effect to the intent of the parties hereto; and (c) to the fullest extent possible, the provisions of this Agreement
(including, without limitation, each portion of any Section of this Agreement containing any such provision held to be invalid, illegal or unenforceable that is not itself invalid, illegal or unenforceable) shall be construed so as to give effect to
the intent manifested thereby. 
 Section 16. Enforcement. 

(a) The Company expressly confirms and agrees that it has entered into this Agreement and assumed the obligations imposed on it hereby in order
to induce Indemnitee to serve as a director, officer, employee or agent of the Company, and the Company acknowledges that Indemnitee is relying upon this Agreement in serving as a director, officer, employee or agent of the Company. 

(b) This Agreement constitutes the entire agreement between the parties hereto with respect to the subject matter hereof and supersedes all
prior agreements and understandings, oral, written and implied, between the parties hereto with respect to the subject matter hereof; provided, however, that this Agreement is a supplement to and in furtherance of the Certificate of Incorporation,
the Bylaws and applicable law, and shall not be deemed a substitute therefore, nor diminish or abrogate any rights of Indemnitee thereunder. 

Section 17. Modification and Waiver. No supplement, modification or amendment of this Agreement shall be binding
unless executed in writing by the parties thereto. No waiver of any of the provisions of this Agreement shall be deemed to be or shall constitute a waiver of any other provision of this Agreement nor shall any waiver constitute a continuing
waiver. 
 Section 18. Notices. All notices, requests, demands and other communications under this Agreement
shall be in writing and shall be deemed to have been duly given if (a) delivered by hand and receipted for by the party to whom said notice or other communication shall have been directed, (b) mailed by certified or registered mail with
postage prepaid, on the third business day after the date on which it is so mailed, (c) mailed by reputable overnight courier and receipted for by the party to whom said notice or other communication shall have been directed or
(d) sent by facsimile transmission, with receipt of oral confirmation that such transmission has been received: 

  
 13 

	 	(i)	If to Indemnitee, at the address indicated on the signature page of this Agreement, or such other address as Indemnitee shall provide to the Company. 

 

	 	(ii)	If to the Company to 

 WildHorse Resource Development Corporation 

9805 Katy Freeway, Suite 400 

Houston, Texas 77024 
 Attention:
Board of Directors 
 or to any other address as may have been furnished to Indemnitee by the Company. 

Section 19. Contribution. To the fullest extent permissible under applicable law, if the indemnification provided for
in this Agreement is unavailable to Indemnitee for any reason whatsoever, the Company, in lieu of indemnifying Indemnitee, shall contribute to the amount incurred by Indemnitee, whether for Liabilities or for Expenses, in connection with any
Proceeding, in such proportion as is deemed fair and reasonable in light of all of the circumstances of such Proceeding in order to reflect (a) the relative benefits received by the Company and Indemnitee as a result of the event(s) and
transaction(s) giving cause to such Proceeding; and (b) the relative fault of the Company (and its directors, officers, employees and agents) and Indemnitee in connection with such event(s) and transaction(s). 

Section 20. Applicable Law and Consent to Jurisdiction. This Agreement and the legal relations among the parties shall be
governed by, and construed and enforced in accordance with, the laws of the State of Delaware, without regard to its conflict of laws rules. Except with respect to any arbitration commenced by Indemnitee pursuant to Section 12(a) of this
Agreement, the Company and Indemnitee hereby irrevocably and unconditionally (a) agree that any action or proceeding arising out of or in connection with this Agreement shall be brought only in the Chancery Court of the State of Delaware (the
“Delaware Court”), and not in any other state or federal court in the United States of America or any court in any other country, (b) consent to submit to the exclusive jurisdiction of the Delaware Court for purposes of
any action or proceeding arising out of or in connection with this Agreement, (c) consent to service of process at the address set forth in Section 18 of this Agreement with the same legal force and validity as if served upon such
party personally within the State of Delaware; (d) waive any objection to the laying of venue of any such action or proceeding in the Delaware Court, and (e) waive, and agree not to plead or to make, any claim that any such action or
proceeding brought in the Delaware Court has been brought in an improper or inconvenient forum. 
 Section 21.
Counterparts. This Agreement may be executed in one or more counterparts, each of which shall for all purposes be deemed to be an original but all of which together shall constitute one and the same Agreement. Only one such counterpart
signed by the party against whom enforceability is sought needs to be produced to evidence the existence of this Agreement. 

  
 14 

 Section 22. Third-Party Beneficiaries. The Sponsor Entities are
intended third-party beneficiaries of this Agreement and shall have all of the rights afforded to Indemnitee under this Agreement. 

Section 23. Miscellaneous. Use of the masculine pronoun shall be deemed to include usage of the feminine pronoun
where appropriate. The headings of the paragraphs of this Agreement are inserted for convenience only and shall not be deemed to constitute part of this Agreement or to affect the construction thereof. 

  
 15 

 IN WITNESS WHEREOF, the parties have caused this Agreement to be signed as of the day and year
first above written. 
  

									
	WILDHORSE RESOURCE DEVELOPMENT CORPORATION	  		  	INDEMNITEE
					
	By:	  	 /s/ Jay C. Graham
	  		  	By:	  	 /s/ Martin W. Sumner

	Name:	  	Jay C. Graham	  		  	Name:	  	Martin W. Sumner
	Title:	  	CEO	  		  	Title:	  	Director

  
 SIGNATURE
PAGE TO INDEMNIFICATION AGREEMENTExhibit 10.8

 

Contract
No. 2016-SH-DP-SRV

 

(Translation)

 

Consultation
Service Contract

 

Between

 

DAOPEI
Investment Management (Shanghai) Co., Ltd

 

And

 

Avalon
Healthcare System Inc

 

Dated
this 1st day of April, 2016

 

     

     

    

 

Consultation
Service Contract

 

The
two Parties to this Agreement are:

 

【DAOPEI
Investment Management (Shanghai) Co, Ltd】

 

(hereinafter
referred to as Party A)

 

This
company was set up in accordance with Chinese law.

 

Address:
Room D-03, 3rd floor, No 1. Huashen Road 198, CHINA (SHANGHAI) PILOT FREE TRADE ZONE,

 

【Service
provider: Avalon Healthcare System Inc.】

 

(herein
after referred to as Party B)

 

This
company was set up in accordance with the law of Delaware, USA.

 

Address:
3500 South Dupont Highway, Dover, Delaware 19901

 

The
above-mentioned two Parties have reached the following agreement:

 

Services

 

1.
As required by Party A, Party B agrees to act as a consultant to supply the following services to Party A in accordance with the
articles in this Agreement within the validity period of this Agreement:

 

(1)
Professional consultancy: in the direction and within the scope of Party A’s business, Party B shall provide Party A
with consultation services concerning professional research and daily operation management.

 

     

     

    

 

(2)
The integration of international resources: in order to meet the needs of the development of Party A’ business, Party
B shall, in accordance with the requirements of Party A, integrate the United States experts in the relevant fields, medical institutions
and other resources to carry out special consultation or business expansion.

 

(3)
Education and training: as required by Party A, Party B shall send professional and technical personnel or experts in the
related fields to Party A for the lectures or training in vocational skills.

 

(4)
Exchange in the meeting: Party B may, as required by Party A, represent or cooperate with Party A to organize international
conferences, international summits, international medical exhibitions or other professional academic activities, and be responsible
for contacting and inviting experts in the related fields to attend the conferences or take part in the exhibitions.

 

(5)
The improvement of academic status: Party B shall assist Party A in the establishment of academic and disciplinary links in
the international field so as to enhance the presence of Party A in the international academic community.

 

2.
Concerning the annual fixed service, Annual Fixed Service Project is hereby stipulated by the two Parties in Appendix
1 to this Contract. Concerning the non-fixed service project, Special
Service Items and Charging Standards is hereby stipulated by the two Parties in Appendix
2 to this Contract.

 

Within
the validity period of this Agreement, the two Parties may make a written amendment or supplement to Appendix 1 and Appendix 2
to this Contract in accordance with the actual demand. 

 

     

     

    

 

3.
Fees

 

(1) Annual
service fee: within the validity period of this Agreement, Party A shall pay to Party B the consultancy service fee: two
hundred and fifty thousand dollars (US $: 250,000.00) concerning the services stipulated in Annual Fixed
Service Project (Appendix 1). 

 

The
mode of payment is as follows: 

 

a.
Within 7 days after the signing of this Agreement, Party A shall pay to the account designated
by Party B one hundred and fifty thousand dollars (US $: 150,000.00).

 

b.
Within the first seven days in the third calendar month after the performance of this
Agreement begins, Party A shall pay to the account designated by Party B one hundred thousand dollars (US $: 100,000.00).

 

(2)
Working costs

 

The
following working costs incurred by Party B in handling the matters entrusted by Party A shall be borne by Party A: 

 

a.
Fees charged by related administrative, judicial, appraisal, notarization, translation,
audit and other departments;

 

b.
The traveling expenses, transportation fees, accommodation fees, reference material fees,
data copying fees, long-distance communications fees, etc. incurred out of Beijing city; and 

 

c.
Other expenses paid after the permission of Party A.

 

Party
A shall reimburse the above-mentioned working costs in accordance with the advance and actual payment of Party B. Party B
shall, in line with the principle of thrift, reasonably use the working costs. 

 

(3)
Special agreement:

 

The
“annual service fees” stipulated in the first paragraph of the second article in this Agreement does not include the
special service fees incurred by Appendix 2 and the expenses incurred by the third party in the implementation of Appendix 1 and
Appendix 2 as required by Party A. Party A shall additionally pay to Party B expenses involved in this article in accordance with
the payment application put forward by Party B. 

 

     

     

    

 

4.
The validity period of this Agreement

 

(1)
The validity period of this Agreement is 8 months, from April 1, 2016 to December 30, 2016. 

 

(2)
Within 30 days prior to the expiration of this Agreement, the two Parties shall decide whether to renew the agreement. Within
30 days after the expiration of this Agreement, if the two Parties does not sign a written contract on termination, this Agreement
shall automatically continue for one year and Party B shall continue to provide services to Party A.

 

5.
Party B’s obligation and warranty

 

(1)
Any staff member appointed by Party B to perform the service shall have complete skills,
training and background and shall be competent and professional enough to perform the services under this Contract.

 

(2)
The staff member appointed by Party B shall, within the commitment period, timely perform
the service and inform Party A of the working process. Party B shall not be liable for any delay not caused by the fault of Party
B and negligence that cannot be foreseen and prevented reasonably. 

 

(3)
Party B shall set up separate files of service matters related with this Agreement and
preserve the full record of the work.

 

6.
Party A’s obligation and warranty

 

(1)
Party A shall make clear and reasonable requirements for Party B to perform this Agreement,
shall comprehensively, objectively and timely provide Party B with all relevant documents and materials related with the implementation
of this Agreement and shall bear the legal consequences of violating the provisions of this article. 

 

     

     

    

 

(2)
Party A shall be responsible for making independent judgments and decisions on the opinions,
suggestions and plans provided by Party B and shall assume the responsibility if loss is caused by such judgments and decisions.

 

(3)
Party A shall, in accordance with the time stipulated in the first paragraph of the third
article of this Agreement, pay the consultation fees and related expenses to Party B in time and in full. 

 

7.
Confidentiality 

 

(1) All
information related to Party A’s own customers and consumers shall be regarded as confidential information. Party
B shall strictly keep the confidential information in secret and shall not dispose of, give or disclose such information to
the third party through copy, reproduction, transfer, licensing, marketing and other ways or use such information for any
purpose other than supplying services to Party A. 

 

(2) Party
A acknowledges that Party B may disclose the proprietary or confidential information of the company, its affiliated
companies, its customers or the third party to which the company has the confidentiality responsibility in the process of
performing the obligations under this Agreement. Any non-public proprietary or confidential information of the company
acquired by Party A and its employees in the performance of this Agreement within the validity period of this Agreement or
disclosed and tagged in writing with the confidential nature after the expiration of this Agreement (hereinafter referred
to as “confidential information”) shall be treated as confidential and proprietary information. Party A shall
strictly keep the confidential information of Party B in secret and shall not dispose of, give such information to the third
party through copy, reproduction, transfer, licensing, marketing and other ways or shall be obliged to keep the information
in secret and protect the information in the same way as it protects its own confidential information when using the
company’s confidential information.

 

     

     

    

 

(3)
The following terms do not belong to the confidential information and the company’s
confidential information stipulated in the first and second paragraph above:

 

a.
Information becomes a part of the public domain not as a result of the breach of this
Agreement by either Party;

 

b.
It can be proved that information has been known by either Party;

 

c.
Any information that is independently developed by either Party without reference to the
confidential information of the other Party; and 

 

d.
The information obtained from the third party legally and without the breach of this Agreement
by either Party.

 

(4)
If either Party violates the confidentiality obligations of Article 6 of this Agreement, the non-defaulting Party shall have
the right to request the Party in breach to immediately stop the infringement and compensate for the losses. Losses,
including but not limited to the losses incurred due to breach of contract, legal fees, litigation costs and other related
costs.

 

8.
No solicitation 

 

Within
the validity term of this Agreement and twenty-four months after the expiration of this Agreement, Party A shall not, without
the prior written consent of Party B, directly or indirectly, for its own interests, for the service of any other party or for
any other party’s interests, solicit or attempt to solicit, transfer or employ any personnel employed by Party B currently
or within the previous twelve months.

 

9.
Dissolution of Agreement

 

(1)
This Agreement may be modified or dissolved by mutual agreement.

 

     

     

    

 

(2)
Party A shall have the right to terminate this Agreement if Party B has any of the following circumstances:

 

a.
The loss of Party A is caused by the delay, dereliction of duty and fault of the staff members appointed by Party B to perform
the obligations stipulated in this Agreement. 

 

b.
Party B breaches the obligation stipulated in the third paragraph of the fifth article of this Agreement. 

 

(3)
Party B shall have the right to terminate this Agreement if Party A has any of the following
circumstances:

 

a.
Party A fails to pay the service fees to Party B after 60 days overdue.

 

b.
Party A intends to conceal important circumstances or others, thus making Party B unable to provide effective services.

 

10.
Responsibility for breach of contract

 

(1)
If Party A does not make the full payment of service fees in accordance with the time
and the amount of money stipulated in this Agreement, 3‰ of the account payable shall be paid by Party A to Party B as
the liquidated damages for each day of delay. The reception of any part of the above mentioned accounts by Party B does not indicate
that Party B gives up the right to collect outstanding amounts and liquidated damages. 

 

(2) Where
Party A is not justified for the failure to pay the service fees to Party B 60 days overdue, Party B has the right to
separately rescind this Agreement and require Party A to pay all the service fees, working costs not reimbursed and
liquidated damages for deferred payment.

 

(3) If
Party A terminates this Agreement without reason, Party B shall have the right to require Party A to pay all the overdue
service fees, working costs not reimbursed and liquidated damages for deferred payment.

 

     

     

    

 

(4)
Party A shall not require Party B to refund with the following unjustified reasons:

 

a.
Party A unilaterally hires other companies to provide the same service;

 

b.
After signing this Agreement, Party A requires Party B to refund on the ground that the
service fees charged by Party B are too high;

 

c.
After signing this Agreement, Party A requires Party B to refund on the ground of little
service demand; and 

 

d.
Not for the reason of violation of the obligations under this Agreement by Party B or
the staff members thereof, Party A intends to terminate this Contract without reason. 

 

Where
Party A defaults on the service fees with the above-mentioned reasons, Party B shall have the right to require Party A to pay
all the overdue service fees, working costs not reimbursed and liquidated damages for deferred payment.

 

11.
Compensation

 

The
consultation service fees stipulated in this Agreement shall be the ceiling on the compensation amount for the losses of Party
A caused by Party B. 

 

12.
Notice

 

Notice
or communication to be issued by either Party under this Agreement shall be in written form and shall be delivered by the designated
contact via a confirmed fax or mailing address or EMS. 

 

13.
Transfer of rights and obligations

 

Within
7 work days after the date of completion of industrial and commercial filing for establishment of Avalon (Shanghai)
Healthcare Technology Co., Ltd. solely funded by Avalon Healthcare System Inc in Shanghai, China, both Parties shall execute
a tripartite agreement with Avalon (Shanghai) Healthcare Technology Co., Ltd. established in Shanghai, China to transfer the
rights and obligations of Avalon Healthcare System Inc hereunder to Avalon (Shanghai) Healthcare Technology Co., Ltd., which
will continue to complete the performance.

 

     

     

    

 

14.
The settlement of disputes

 

If
a dispute arises, the two Parties shall resolve the dispute through consultation. If no agreement is reached, either Party shall
have the right to file an application for arbitration to the China International Economic and Trade Arbitration Commission.

 

		15.	General
                                         articles

 

(1)
Where any article of this Agreement is determined to be invalid or unenforceable, other
articles of this Agreement shall remain legally binding and enforceable against both parties. 

 

(2)
In the course of the performance of this Agreement, where the two Parties have not insisted
on performing any article stipulated in this Agreement, it shall not constitute a waiver of the rights specified in this Agreement.

 

		16.	The
                                         entry into effect of Agreement

 

This
Agreement is in quadruplicate, with each party holding two copies, which shall take effect as of the date of signature
and sealing of the representatives authorized by the legal representatives of both Parties.

 

     

     

    

 

Appendix
1 Annual Fixed Service Items

 

1.
Party B shall provide a comprehensive expert opinion and report on the global health,
medical tourism, precision medicine development, business opportunities, etc.

 

2.
Party B shall provide a comprehensive expert assessment opinion and report on the business
development, professional management, academic position, etc. of medical institutions under the vestment management of Party A.

 

3.
Party B shall be responsible for the establishment of expert network of industry opinion
leaders (experts and professors of precision medicine, internal medicine and surgery and others related to medical and health
care). Party B shall submit an expert list for Party A’s confirmation within two months from the date of entry into force
of this Agreement.

 

4.
Party B shall assist Party A in organizing international conferences, international summits
and international exhibitions, and Party B shall be responsible for contacting and inviting experts to assist in the design of
the theme and content of the summit no more than two times a year.

 

5.
Based on the commercial goal of “introduction of foreign health care products to
China and market promotion”, Party B shall at least recommend five pieces of valuable information about medical and health
care products a year through the research for Party A to study and conduct business expansion. 

 

6.
In accordance with the demand of Party A, Party B shall arrange no less than two professional
training activities for Party A every year.

 

7.
Party B shall assist Party A in publishing articles in the influential scientific and clinical magazines in order to enhance Party
A’s professional influence and position in the academic and disciplinary fields. 

 

     

     

    

 

Appendix
Two Special Service Items and Charging Standards

 

Special
services:

 

The
two Parties understand that based on the business development needs of Party A, Party A may need customized services other than
of the services in Appendix 1, namely “special services”. Special services shall include core contents such as Party
A’s complete requirement documents, Party B’s service plan, quotation and agreed acceptance criteria. Special services
shall have the same effect as this Contract after written specification and confirmation by both Parties. 

 

Fees
and payment:

 

Party
A shall, in accordance with the service content confirmed, pay the third party costs arising from the special service. The third
party costs arising from the special services are listed by both Parties below. The two Parties understand that the costs arising
from the actual operation of the market may include without limitation the following items:

 

(1)
Consultation service fees for the third party experts: Party A understands and is willing
to pay the relevant international experts in the related field consultation service fees. Standards for specific fees are subject
to actual agreement;

 

(2)
Costs of related certification, approval and others arising from the third party agencies;

 

(3)
Hardware products, such as computers, operating systems, etc., which need to be purchased
to carry out the service;

 

(4)
Traveling expenses incurred by Party B or the third party as required by Party A’s
project; and

 

(5)
Expenses incurred by the third party in carrying out promotion, publicity, activities,
etc. as required by Party A’s project.

 

     

     

    

 

Service
commission of Party B: 

 

Based
on special services, Party A entrusts Party B to perform the management of relevant projects and services, entrust the third
party to provide the services as agent and manage the implementation of the projects by the third party, and Party B may
receive 20% of the actual costs of the project as a service commission.

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