Document:

EX-10.2

 Exhibit 10.2 

Equity Interest Pledge Agreement 

This Equity Interest Pledge Agreement (this “Agreement”) is executed by and among the following parties on
November 28, 2018: 
 Pledgee: Shanghai ECMOHO Health Biotechnology Co, Ltd. 

Registered Address: Floor 2&3, No. 1000 Tianyaoqiao Road, Xuhui District, Shanghai 

Pledgors: Ying Wang (Chinese ID No.: ***) 

                Qingchun Zeng (Chinese ID No.: ***)

 Whereas: 
  

	 	1.	 Ying Wang holds 50% of the equity interest in Shanghai Yibo Medical Devices Co., Ltd. (hereinafter referred to
as “Shanghai Yibo”); Qingchun Zeng holds 50% of the equity interest in Shanghai Yibo. 

  

	 	2.	 The Pledgee is a limited liability company registered in Shanghai, China. The Pledgee and Shanghai Yibo have
entered into an Exclusive Technology Consulting and Service Agreement (the “Service Agreement”) on November 28, 2018. The Pledgee, Shanghai Yibo and the Pledgors have entered into an Exclusive Call Option Agreement (the
“Exclusive Call Option Agreement”). The Pledgors have issued a Power of Attorney to the Pledgee. The aforementioned Exclusive Technology Consulting and Service Agreement, the Exclusive Call Option Agreement and the Power of Attorney
shall be collectively referred to as the “Transaction Documents”. 

  
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	 	3.	 As the security to the performance of all the contract obligations under the Transaction Documents by the
Pledgor and Shanghai Yibo, the Pledgors hereby pledges to the Pledgee all of the equity interest they hold in Shanghai Yibo. 

After negotiation, the Parties have mutually reached agreement as follows: 

 

	1.	 Definition 

Unless otherwise provided herein, the terms below shall have the following meanings: 

 

	 	1.1	 Pledge: shall have the meaning ascribed to it in Article 3 herein. 

 

	 	1.2	 Pledged Equity Interest: means the equity interest legally held by the Pledgors in Shanghai Yibo, of which 50%
is held by Ying Wang and 50% is held by Qingchun Zeng. 

  

	 	1.3	 Term of Pledge: means the term set forth in Article 4 of this Agreement. 

 

	 	1.4	 Event of Default: means any of the circumstances set forth in Article 8 of this Agreement.

  

	 	1.5	 Notice of Default: means the notice issued by the Pledgee in accordance with this Agreement declaring an Event
of Default. 

  

	2.	 The Pledge 

  

	 	2.1	 The Pledgors and the Pledgee agree that according to the terms and conditions herein, the Pledgor hereby
pledges to the Pledgee the Pledged Equity Interest for the performance of the Contract Obligations. To avoid any doubtfulness, the “Contract Obligations” herein means all the obligations and liabilities of the Pledgors under the
Transaction Documents, and the representations, covenants and warranties thereunder; and all the obligations and liabilities of Shanghai Yibo under the Transaction Documents, and the representations, covenants and warranties thereunder.

  
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	 	2.2	 The Pledgors and Shanghai Yibo shall use their best efforts to complete the equity interest pledge registration
procedure with the Administration of Industry and Commerce as soon as possible and shall use their best efforts to maintain the validity of such registration. 

 

	3.	 Pledge 

  

	 	3.1	 The Pledgors pledge all their equity interest in Shanghai Yibo to the Pledgee as a security of the performance
of all the Contract Obligations under the Transaction Documents by the Pledgors and Shanghai Yibo. 

  

	 	3.2	 The scope of the pledge shall include all of the service fees receivable by the Pledgee, liquidated damages (if
any), compensation and all the expenses relating to the performance of such pledge (including without limitation to attorney’s fee, arbitration fee, evaluation and auction fees of the Pledged Equity Interest). 

 

	 	3.3	 The Pledge shall refer to the right of the Pledgee to be paid in priority with respect to the proceeds incurred
from the discount, auction or sale of the equity interest pledged by the Pledgor. 

  
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	4.	 Term of Pledge 

 

	 	4.1	 The Pledge shall be effective from the date of registration with the Administration for Industry and Commerce
where Shanghai Yibo is registered until two years after the performance period of all the obligations under the Transaction Documents expires 

  

	5.	 Escrow of the Certificate of Pledge; Proceeds of the Pledged Equity Interests 

 

	 	5.1	 During the Term of Pledge set forth in this Agreement, the Pledgors shall execute or cause Shanghai Yibo to
execute the certificate of capital contribution (See Exhibit 1) and the register of members (See Exhibit 2), and deliver the above-mentioned executed documents to the Pledgee to hold such documents in escrow during the Term of Pledge set forth in
this Agreement. 

  

	 	5.2	 During the Term of Pledge, the Pledgee shall have the right to collect all the proceeds generated from the
Pledged Equity Interest (if any) including without limitation to bonus, dividends, and other cash and non-cash incomes generated from the Pledged Equity Interest. 

 

	6.	 Representations and Warranties of the Pledgors 

 

	 	6.1	 The Pledgee shall have the right to exercise, dispose of or transfer the Pledge in the manner provided in the
provisions set forth in this Agreement. 

  

	 	6.2	 Each of the Pledgors jointly and severally represents, guarantees and warrants to the Pledgee that:

  

	 	6.2.1	 he/she has all the rights in executing this Agreement and performing the obligations hereunder; he/she has
granted his/her representative the authority to sign this Agreement on behalf of him/her. As of the date of this Agreement, the provisions of this Agreement shall be binding upon them. 

 

	 	6.2.2	 the Pledgor is the legitimate holder of the Pledged Equity Interest and is entitled to pledging the Pledged
Equity Interest to the Pledgee; there will be no legal or factual hindrance on the Pledgee’s exercise of Pledge in the future. 

  
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	 	6.2.3	 Shanghai Yibo is a limited liability company legitimately established under the PRC laws in good standing,
which has been formally registered in the Administration of Industry and Commerce in charge whose annual surveys of each year have all been passed. The registered capital of Shanghai Yibo is RMB5,000,000. 

 

	 	6.2.4	 neither the execution, delivery nor the performance of this Agreement will: 

 

	 	(a)	 be in conflict with or in violation of the following documents, with or without the giving of notice or the
passage of time: (i) Shanghai Yibo’s business license, articles of association, license, approval of its establishment from governmental authority, and any agreement or any other constitutional documents related to its establishment,
(ii) other applicable laws and regulations; (iii) any contracts or other documents to which the Pledgors and Shanghai Yibo are parties, or by which they or their properties are bound or subject; 

 

	 	(b)	 result in the creation or imposition of any pledge or any other Encumbrances, upon Shanghai Yibo’s
property, or result in the entitlement of any third party to create or impose any pledge or any other Encumbrances, upon Shanghai Yibo’s properties; 

  
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	 	(c)	 permit the termination or amendment to any contracts or other documents to which Shanghai Yibo is a Party, or
by which it or its properties are bound or subject, or result in the entitlement of any third party to terminate or amend such documents; 

  

	 	(d)	 result in the suspension, revocation, damage, confiscation or the inability of renewal of any applicable
approval, license, registration of governmental authorities. 

  

	 	6.2.5	 except for the Pledge under this Agreement, there is no mortgage, pledge or other forms of security, preemptive
right, legal mortgage, property preservation, seizure, trust, lease, option or encumbrance of other forms upon the Pledged Equity Interest on the date of this Agreement (hereinafter referred to as the “Encumbrances”).

  

	 	6.2.6	 with the prior written consent of the Pledgee, any of the Pledgors may accept the transfer of other
Pledgors’ equity interest in Shanghai Yibo or subscribe for capital increase in Shanghai Yibo. Any equity interest obtained by the Pledgor or any increased registered capital of Shanghai Yibo shall also be deemed as the Pledged Equity Interest.
Upon the completion of the transfer of equity interest or the capital increase of Shanghai Yibo, the Pledgors and Shanghai Yibo shall duly update the register of members of Shanghai Yibo to reflect the change of equity interest pledge and shall
register the equity interest pledge with the relevant Administration of Industry and Commerce. 

  

	 	6.2.7	 he/she will promptly notify the Pledgee of any event or notice received by the Pledgors that may affect the
Pledgee’s rights to the equity interest or any portion thereof, as well as any event or notice received by the Pledgors that may change or affect any warranties and obligations under this Agreement. 

  
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	 	6.2.8	 if relevant legal documents such as proof, license and power of attorney are required for the disposition of
the Pledged Equity Interest by the Pledgee, he/she shall unconditionally provide or obtain such documents and provide convenience to the Pledgee; The Pledgors undertake that once the Pledged Equity Interest has been transferred to the Pledgee or its
designated beneficiary, the Pledgors and/or Shanghai Yibo shall unconditionally perform all legally required procedures so that the Pledgee or its designated beneficiary may legitimately obtain Shanghai Yibo’s equity interest, including without
limitation to the issuance of relevant supporting document, the execution of relevant documents such as equity transfer contract. 

  

	 	6.2.9	 the Pledgors will comply with and perform all the warranties, covenants, agreement, representations and terms
for the benefit of the Pledgee. In the event of failure or partial performance of its warranties, covenants, agreement, representations and terms, the Pledgors shall indemnify the Pledgee for all the losses resulting therefrom.

  

	 	6.2.10	 the Pledgors hereby undertake that they have made proper arrangement and executed all the necessary documents
to ensure that under the circumstance of his/her decease, disability, bankrupt, divorce or other circumstance that may influence his/her ability to exercise the equity interest, those who may receive equity interest or relevant rights such as
his/her successor, guardian, debtor and spouse may not influence or hinder the performance of this Agreement. 

  
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	7.	 Covenant of the Pledgors 

 

	 	7.1	 The Pledgors hereby covenant to the Pledgee that during the term of this Agreement, the Pledgors shall:

  

	 	7.1.1	 Except for the equity interest transferred to the Pledgee or its designated person according to the Exclusive
Call Option Agreement, without the prior written consent of the Pledgee: 

  

	 	A.	 not to transfer the equity interest, establish or permit the existence of any pledge or other Encumbrance that
may influence the rights and interest of the Pledgee; 

  

	 	B.	 not to take any action that results or may result in the decrease in the value of the Pledged Equity Interest
or endanger the validity of the Pledge hereunder. Where the value of the Pledged Equity Interest significantly decreases so as to endanger the right of the Pledgee, the Pledgors shall immediately notify the Pledgee and, as reasonably required by the
Pledgee, provide other properties as security satisfactory to the Pledgee and take necessary actions in solving the aforementioned matter or reduce the negative influence. The Pledgors further undertake that during the term of this Agreement, the
operation of Shanghai Yibo’s business shall comply with the PRC laws in all material aspects, and shall maintain the validity of Shanghai Yibo’s permits, licenses and qualifications. 

  
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	 	7.1.2	 comply with the provisions of all laws and regulations applicable to the pledge of rights, and within five days
of receipt of any notice, order or recommendation issued or prepared by relevant competent authorities regarding the Pledge, shall present the aforementioned notice, order or recommendation to the Pledgee, and shall comply with the aforementioned
notice, order or recommendation or submit objections and representations with respect to the aforementioned matters upon the Pledgee’s reasonable request or upon consent of the Pledgee; 

 

	 	7.1.3	 promptly notify the Pledgee of any event or notice received by Pledgors that may affect the Pledgee’s
rights to the equity interest or any portion thereof, as well as any event or notice received by the Pledgors that may change or affect any warranties and obligations under this Agreement. 

 

	 	7.2	 The Pledgors agree that the rights acquired by the Pledgee in accordance with this Agreement with respect to
the Pledge shall not be interrupted or harmed by the Pledgors or any heirs or representatives of the Pledgors or any other persons through any legal proceedings. 

 

	 	7.3	 To protect or perfect the security interest granted under this Agreement, the Pledgors hereby undertake to
execute in good faith and to cause other parties who have interest in the Pledge to execute all certificates, agreements, deeds and/or covenants required by the Pledgee. The Pledgors also undertake to perform and to cause other parties who have an
interest in the Pledge to perform actions required by the Pledgee, to facilitate the exercise by the Pledgee of its rights and authority granted thereto by this Agreement, and to enter into all relevant documents regarding the change of ownership of
Equity Interest with the Pledgee or designee(s) of the Pledgee (natural persons/legal persons). The Pledgors undertake to provide the Pledgee within a reasonable time with all notices, orders and decisions regarding the Pledge that are required by
the Pledgee. 

  
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	 	7.4	 The Pledgors hereby undertake to the Pledgee that they shall comply with and perform all guarantees, promises,
agreements, representations and conditions under this Agreement. In the event of failure or partial performance of its guarantees, promises, agreements, representations and conditions, the Pledgors shall indemnify the Pledgee for all losses incurred
therefrom. 

  

	 	7.5	 Each Pledgor irrevocably agrees to waive its right of first refusal to the equity transferred to the Pledgee
due to the exercise of the Pledge. 

  

	8.	 Event of Default 

 

	 	8.1	 Each of the following circumstances shall be deemed as an Event of Default: 

 

	 	8.1.1	 Shanghai Yibo fails to fully perform its Contract Obligations under the Transaction Documents;

  

	 	8.1.2	 any material misleading or inaccuracy of the representations or warranties made by the Pledgors in Article 6 of
this Agreement, and/or any breach of the representations or warranties made by the Pledgors in Article 6 of this Agreement; 

  

	 	8.1.3	 The Pledgors violate any article herein; 

  
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	 	8.1.4	 Except for the provisions in Section 7.1.1 herein, the Pledgors transfer or in other ways dispose of the
Pledged Equity Interest without the Pledgee’s written consent; 

  

	 	8.1.5	 Any debts, security, compensation, guarantee or other liabilities of the Pledgors that (1) have been
required to be paid or performed in advance; or (2) have become due but are not able to be repaid or performed, so that the Pledgee believes that the ability of the Pledgors to perform the obligations herein has been influenced;

  

	 	8.1.6	 The Pledgors are unable to repay debts; 

 

	 	8.1.7	 this Agreement becomes illegal or the Pledgors are not able to continue their performance of this Agreement due
to the promulgation of relevant laws; 

  

	 	8.1.8	 Where all the permits, license, approval or grant of governmental authorities that allow this Agreement to be
enforceable or legitimate or effective have been withdrawn, suspended, become void or materially changed; 

  

	 	8.1.9	 The Pledgee considers that the ability of the Pledgor to perform its obligations under this contract has been
affected by adverse changes in the property owned by the Pledgor; 

  

	 	8.1.10	 The successor or trustee of Shanghai Yibo can only perform a part of its payment obligation or refuse to
perform its payment obligation hereunder; 

  
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	 	8.1.11	 Other situations under which the Pledgee is not able to exercise the pledge right according to relevant
regulations. 

  

	 	8.2	 Upon notice or discovery of the occurrence of any circumstances or event that may lead to the above-mentioned
situations described in Section 8.1, the Pledgors shall immediately notify the Pledgee in writing accordingly. 

  

	 	8.3	 Unless the Event of Default set forth in this Section 8.1 has been successfully resolved to the
Pledgee’s satisfaction, the Pledgee may issue a Notice of Default to the Pledgors in writing upon the occurrence of such Event of Default or at any time thereafter, demanding the Pledgors to immediately clear the debts and other payment amount
under the Service Agreement or exercise the Pledge in accordance with Article 9 of this Agreement. 

  

	9.	 Exercise of the Pledge 

 

	 	9.1	 Where any Contract Obligations are violated or not performed, the Pledgee is entitled to dispose of all or part
of the Pledged Equity Interest held by any shareholder of Shanghai Yibo (whether or not such shareholder has violated the Contract Obligations) and shall be entitled to be paid in priority for the expenses listed in Section 3.2 from the amount
obtained through the disposal of the Pledged Equity Interest. 

  

	 	9.2	 Prior to the full performance of the Service Agreement, without the Pledgee’s written consent, the
Pledgors may not transfer or in other ways dispose of the Pledged Equity Interest. 

  

	 	9.3	 The Pledgee shall issue a Notice of Default to the Pledgors when exercising the Pledge. Subject to the
provisions in Article 10, the Pledgee may exercise the right to dispose of the Pledge at the same time or at any time after the issuance of the Notice of Default in accordance with Article 10. 

  
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	 	9.4	 Subject to the provisions of Section 8.3, the Pledgee may exercise the right at the same time when issuing
the Notice of Default according to Section 8.3 or any time thereafter. 

  

	 	9.5	 Where any Contract Obligations are violated or not performed, the Pledgee is entitled to priority in
compensation from the price of all or part of the Pledged Equity Interest hereunder according to legal procedures or the amount of such equity interest through auction or sell-off. 

 

	 	9.6	 When the Pledgee exercises the pledge right hereunder, the Pledgors shall provide necessary assistance with no
hindrance so that the Pledgee may realize its pledge rights. 

  

	10.	 Default Liability 

Unless otherwise provided herein, if one Party (the “Breaching Party”) fails to perform any of its obligations hereunder or
breaches this Agreement in other ways, the other Party (the “Indemnitee”) may: 
  

	 	A.	 issue a written notice to the Breaching Party indicating the nature and scope of such breach and requiring the
Breaching Party to rectify such breach at its own cost during a reasonable period (the “Cure Period”); and 

  

	 	B.	 if the Breaching Party fails to rectify such breach within the Cure Period, the Indemnitee is entitled to
requiring the Breaching Party to bear all liabilities caused by such breach, and compensate all actual losses suffered by the Indemnitee in relation with such breach, including without limitation the attorney’s fee, litigation or arbitration
expenses in relation with such breach. The Indemnitee is also entitled to require specific performance by the Breaching Party. Furthermore, the Indemnitee may apply to arbitration institutions or courts for judgment of specific performance or
compulsory enforcement. The exercise of the above remedy will not constitute the waiver of any other remedy available to the Indemnitee. 

  
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	11.	 Assignment 

  

	 	11.1	 Without the Pledgee’s prior written consent, the Pledgors are not entitled to gift or assign their rights
and obligations under this Agreement. 

  

	 	11.2	 This Agreement shall be binding on the Pledgors and their successors, and shall be valid to the Pledgee and
each of its successors and assignees. 

  

	 	11.3	 At any time, the Pledgee may assign any and all of its rights and obligations under this Agreement to its
designee(s) (natural/legal persons), in which case the assignee shall have the rights and obligations of the Pledgee under this Agreement, as if it were the original Party to this Agreement. When the Pledgee assigns the rights and obligations under
this Agreement, upon the Pledgee’s request, the Pledgors shall execute relevant agreements or other documents relating to such assignment. 

  

	 	11.4	 During the term of this Agreement, without the prior written consent of the Pledgee, the Pledgors shall not
transfer all or part of their rights or obligations hereunder to any third party; however, the Pledgee is entitled to transfer all or part of its rights and obligations hereunder. 

  
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	 	11.5	 In the event of a change of pledgee due to an assignment, the parties shall enter into a new pledge agreement.

  

	12.	 Termination 

Upon the full performance or termination of all the contract obligations under the Transaction Documents by Shanghai Yibo, this Agreement shall
be terminated. Upon written request from the Pledgors, the Pledgee shall release the Equity Interest Pledge hereunder and, both the Pledgors and Shanghai Yibo shall register the discharge of equity interest on the register of members of Shanghai
Yibo and shall register such discharge with the competent Administration of Industry and Commerce. The expenses of the release of the Equity Interest Pledge shall be borne by the Pledgors and Shanghai Yibo. 

 

	13.	 Service Fees and Other Expenses 

 

	 	13.1	 All fees and out-of-pocket
expenses relating to this Agreement, including but not limited to legal costs, costs of production, stamp tax and any other taxes and fees, shall be borne by the Pledgors. Where the Pledgee is required by law to pay for any relevant tax and
expenses, the Pledgors shall compensate in full such paid tax and expenses to the Pledgee. 

  

	 	13.2	 Where the Pledgors fail to pay any payable taxes or expenses according the provisions herein, or in other
reasons the Pledgee has taken any ways or methods for recourse, the Pledgors shall bear all expenses so caused (including without limitation to various taxes, service fees, management fees, legal costs, counsel fees and all kinds of insurance
premium for the disposal of pledge). 

  
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	14.	 Force Majeure 

 

	 	14.1	 Where the performance of this Agreement is delayed or hindered due to any “Force Majeure
Event”, the Party under the influence of such force majeure does not need to bear any liabilities for the part of liabilities delayed or hindered and only such part. The force majeure herein means any events that go beyond the reasonable
control of one Party, and are irrevocable despite of the reasonable notice of the Party influenced by such force majeure, including without limitation to government act, natural power, fire, explosion, geographic change, storm, flood, earthquake,
tide, lightning or war. However, the inadequacy of credit, fund or financing may not be deemed as the event out of control of one Party. The Party under the influence of the force majeure that seeks for the relief of liabilities under any articles
hereunder shall as soon as possible notify the other Party of such relief of liabilities and the procedures to be taken for the finish of performance. 

  

	 	14.2	 The Party under the influence of force majeure does not need to bear any liabilities hereunder. However, only
if the effected Party has tried all of its reasonable efforts in performing this Agreement, may it be able to obtain such relief of liability. And such relief shall be limited to the part of liability delayed or hindered due to the force majeure.
Once the cause of such relief has been corrected or rectified, both Parties agree to try their utmost in resuming the performance of this Agreement. 

  
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	15.	 Governing Law and Dispute Resolution 

 

	 	15.1	 The effectiveness, interpretation, performance and dispute solution of this Agreement shall be governed by the
PRC laws. 

  

	 	15.2	 Where a dispute happens between both Parties on the interpretation and performance of this Agreement, both
Parties shall negotiate in good faith in solving such dispute. Where within thirty (30) days after one Party issues a written notice on the negotiation requirement to the other Party, no agreement is reached on the dispute solution, either
Party is entitled to submitting such dispute to Shanghai International Economic and Trade Arbitration Center for arbitration under its then effective arbitration rules. Place of arbitration is Shanghai. The arbitration language shall be Chinese. The
arbitration award shall be final and binding upon both Parties. 

  

	 	15.3	 During the arbitration period, except for the matters or responsibilities under arbitration, both Parties shall
continue the performance of other responsibilities provided herein. The arbitrator is entitled to make appropriate award so that the Pledgee may receive appropriate legal remedy, including without limitation to restriction on the business operation
of Shanghai Yibo, restriction, prohibition or order on the transfer or disposal of the Pledgors’ equity interest or assets, requirement to the Pledgors on the liquidation of Shanghai Yibo. 

 

	 	15.4	 As required by one Party, the court of jurisdiction is entitled to provisional remedy, such as detainment or
freeze of the assets or equity interest of the Breaching Party. After the arbitration award comes into effect, either Party is entitled to application for enforcement arbitration award to the court of jurisdiction. 

  
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	16.	 Notice 

Except as may be otherwise changed through written notice provided herein, the notice herein shall be sent to the following addresses through
personal delivery, fax or registered mail. Where the notice is sent through registered mail, the signature date on the receipt of the registered mail shall be deemed as the delivery date. Where the notice is sent by personal delivery or fax, the
date on which it is sent shall be deemed as the delivery date. Where the notice is sent by fax, after sending the fax, the original notice shall also be immediately delivered to the following address through registered mail or personal delivery.

  

	 	Pledgee:	   Shanghai ECMOHO Health Biotechnology Co, Ltd. 

 

	 	               	  Address: Floor 2&3, No. 1000 Tianyaoqiao Road, Xuhui District, Shanghai 

	 	               	  Tel/Fax: 021-61132270 

	 	               	  Attn: Ling Yu 

Pledgors: Ying Wang 
  

	 	               	  Address: *** 

	 	               	  Tel/Fax: *** 

  

	 	                Qingchun Zeng	 

	 	                Address: ***	 

	 	                Tel/Fax: ***	 

  
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	17.	 Exhibit 

The Exhibits of this Agreement constitute an integral part of this Agreement. 

 

	18.	 Miscellaneous 

 

	 	18.1	 No delay or omission to exercise any right accruing to one Party shall be construed to be a waiver of such
right. The fact that certain rights have been partially or fully exercised by such Party, shall not impair such Party to exercise such rights again in the future. 

 

	 	18.2	 This Agreement is legally binding upon both Parties and their legitimate successors and assignees.

  

	 	18.3	 If any provision of this Agreement is found to be invalid, illegal or unenforceable, then such provision shall
be construed, to the extent feasible, it shall be severed from the remainder of this Agreement, which shall remain in full force and effect. In such event, the Parties shall use their best efforts to negotiate in good faith a substitute, valid and
enforceable provision or agreement which most nearly effects this Parties’ intent in entering into this Agreement. 

  

	 	18.4	 This Agreement shall constitute all agreements that have been reached between the Parties on the subject
thereof and shall supersedes all discussion, negotiation and contract between the Parties on such subject , including the equity pledge contract signed by both parties and other relevant parties on July 31, 2018. 

  
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	19.	 Effectiveness 

 

	 	19.1	 This Agreement and any of its amendment, supplement and alteration shall all be made in writing and come into
effectiveness after signed and stamped by all Parties. 

  

	 	19.2	 The Agreement is written in Chinese and in multiple copies with the same legal effect. 

  
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 (No text in this page) 

Pledgee: Shanghai ECMOHO Health Biotechnology Co, Ltd. (Stamp) 

Authorized Representative: /s/ Ying Wang 
 Pledgors:

 Ying Wang 
 Signature: /s/ Ying Wang 

Qingchun Zeng 
 Signature: /s/ Qingchun Zeng 

 Exhibit 1 

Shanghai Yibo Medical Devices Co., Ltd. 

Certificate of Capital Contribution 

It is hereby certified that 

Ying Wang (ID Number: ***) has made capital contribution of RMB 2,500,000, holding 50% of the equity interest. All such 50% of the equity
interest has been pledged to Shanghai ECMOHO Health Biotechnology Co, Ltd.. 
 QingChun Zeng (ID Number: ***) has made capital contribution
of RMB 2,500,000, holding 50% of the equity interest. All such 50% of the equity interest has been pledged to Shanghai ECMOHO Health Biotechnology Co, Ltd.. 

Shanghai Yibo Medical Devices Co., Ltd. (Stamp) 

Signature of Legal Representative:  /s/ Qingchun Zeng 

November 28, 2018 

 Exhibit 2 

Shanghai Yibo Medical Devices Co., Ltd. 

Register of Members 
  

							
	 Name of
Shareholder
	 	 ID Number
	 	 Shareholding
Percentage
	 	 Pledge Registration

	Ying Wang	 	***	 	50%	 	Pledged to Shanghai ECMOHO Health Biotechnology Co, Ltd.
				
	Qingchun Zeng	 	***	 	50%	 	Pledged to Shanghai ECMOHO Health Biotechnology Co, Ltd.

 Shanghai Yibo Medical Devices Co., Ltd. (Stamp) 

Legal Representative: (signature)  /s/ Qingchun Zeng 

Date: November 28, 2018EX-10.3

 Exhibit 10.3 

EXCLUSIVE CALL OPTION AGREEMENT 
 This
Exclusive Call Option Agreement (this “Agreement”) is executed by and among the following parties on November 28, 2018: 
  

	1.	 Shanghai ECMOHO Health Biotechnology Co, Ltd., a limited liability company duly registered in PRC, with
its address at Floor 2&3, No. 1000 Tianyaoqiao Road, Xuhui District, Shanghai (“Party A”); 

  

	2.	 Ying Wang, with Chinese identification No. ***, holds 50% equity interest in Party C;

  

	3.	 Qingchun Zeng, with Chinese identification No. ***, holds 50% equity interest in Party C (together with
Ying Wang, “Party B”); 

  

	4.	 Shanghai Yibo Medical Devices Co., Ltd. (“Shanghai Yibo”), a limited liability company
organized and existing under the laws of PRC, with its address at Room 1810, No. 380 Fenglin Road, Xuhui District, Shanghai (“Party C”). 

In this Agreement, each of Party A, Party B and Party C shall be individually referred to as a “Party”, and collectively referred to as the
“Parties”. 
 WHEREAS: 
  

	1.	 Currently, Party B holds 100% of the equity interest in Party C in total. 

	2.	 Subject to the provisions of PRC Laws, Party B and Party C intend to grant Party A and/or its designated
person(s) the exclusive right to purchase all or part of equity interest and/or assets of Party C. And Party A intends to accept such grant of right. 

Now therefore, upon mutual discussion and negotiation, the Parties have reached the following agreement:

 

	1.	 Sale and Purchase of Equity Interest and Assets 

 

	 	1.1	 Grant of Right 

Subject to the provisions of the PRC laws (including any laws, regulations, rules, notices, interpretations or other binding documents issued
by any central or local legislative, executive or judicial authorities, prior to or after the execution of this Agreement, collectively the “PRC Laws”), Party B hereby irrevocably grants Party A an irrevocable and exclusive right to
purchase, or to designate one or more persons (the “Designated Person”, which shall be (a) the direct or indirect shareholders of Party A and their direct or indirect subsidiaries; (b) the director of Party A, Party
A’s direct or indirect shareholders and their direct or indirect subsidiaries, who is a Chinese citizen) to purchase the equity interests in Party C held by Party B (the “Purchased Equity Interest”) at any time during the term
of this Agreement, in whole or in part and at the price described in Section 1.2 herein (the “Exclusive Equity Interest Purchase Option”). Party C hereby agrees to the grant by Party B of the Equity Interest Purchase
Option to Party A. The term “person” as used herein shall refer to individual, corporation, joint venture, partnership, enterprises, trusts or non-corporation organizations. 

  
 2 

 Subject to the provisions of the PRC Laws, Party C hereby irrevocably grants Party A an
irrevocable and exclusive right to purchase, or designate one or more persons to purchase the assets (the “Purchased Assets”) of Party C at any time during the term of this Agreement in whole or in part and at the price described in
Section 1.2 herein (the “Exclusive Assets Purchase Option”, together with the Exclusive Equity Interest Purchase Option, the “Exclusive Call Option”). 

The Exclusive Call Option is the exclusive right enjoyed by Party A. Without the prior written consent of Party A, Party B shall not sell,
offer to sell, transfer, gift, mortgage or dispose the Purchased Equity Interest in any other ways, or authorize any third party to purchase the Purchased Equity Interest in whole or in part; Party C shall not sell, offer to sell, transfer, gift,
mortgage or dispose the Purchased Assets in any other ways, or authorize any third party to purchase the Purchased Assets in whole or in part. 
  

	 	1.2	 Purchase Price 

When Party A exercises its Exclusive Call Option, with respect to the Purchased Equity Interest, the purchase price shall be the lowest price
allowed by PRC Laws at the time of equity transfer; with respect to the Purchased Assets, the purchase price shall be the net book value of the Purchased Assets, unless the lowest price allowed by PRC Laws then is higher than the net book value of
Purchased Assets, in which case the purchase price should be the lowest price allowed by PRC Laws. 

  
 3 

	 	1.3	 Exercise of Right 

Subject to the PRC Laws, Party A may exercise the Exclusive Call Option at any time in any manner and any number of times at its discretion;

 Party A shall issue a notice to Party B and Party C when it determines to exercise the Exclusive Equity Interest Purchase Option
(hereinafter referred to as the “Equity Interest Purchase Notice”), specifying the portion of equity interests to be purchased from Party B (the form of the Equity Interest Purchase Notice is listed in Exhibit 1); 

Party A shall issue a notice to Party B and Party C when it determines to exercise the Exclusive Assets Purchase Option (the “Assets
Purchase Notice”, together with the Equity Interest Purchase Notice, the “Purchase Notice”), specifying the amount of assets to be purchased from Party C (the form of the Assets Purchase Notice is listed in Exhibit 2). 

 

	 	1.4	 Relevant Actions in relation to the Exercise of Right 

When Party A exercises its Exclusive Call Option, Party B and Party C shall take the following actions collectively or on its own, in order
that the transfer of equity interest/assets fully comply with the provisions of this Agreement and relevant laws both substantively and procedurally: 
  

	 	(1)	 Within seven business days from the receipt of the Purchase Notice, Party B and Party C shall prepare and
execute all the necessary documents relating to the transfer of the purchased equity/assets in accordance with this Agreement and the Purchase Notice in order to transfer the purchased equity/assets to Party A and/or the Designated Person;

  
 4 

	 	(2)	 Party B shall cause Party C to convene a shareholders meeting promptly , at which the resolution approving the
transfer of the equity interest/assets of Party B or Party C to Party A and/or the Designated Person(s) shall be adopted; 

  

	 	(3)	 With regard to the transfer of the Purchased Equity Interest, Party B and Party C shall sign the equity
transfer agreement (the “Transfer Agreement”), in the form set forth in Exhibit 3 of this Agreement, if necessary. If the PRC Laws provide otherwise on the substance and form of the Transfer Agreement, then the Transfer Agreement
shall be adjusted in accordance with the provisions of the PRC Laws. The closing of the Purchased Equity Interest (i.e. the completion of the registration of changes by the administrative department of industry and commerce) shall not be later than
the fifteenth business days from the receipt of the Equity Interest Purchase Notice, unless otherwise agreed by the parties; 

  

	 	(4)	 Upon the execution of this Agreement, Party B and Party C shall each execute a Power of Attorney, in the
substance and form set forth in Exhibit 4, which authorizes any person designated by Party A to execute and deliver equity/assets transfer agreement and any other documents required by this Agreement on behalf of Party B and Party C;

  

	 	(5)	 Party B and Party C shall take all the necessary actions to proceed and complete the relevant approval and
registration procedures without undue delay, and to duly register the purchased equity/assets under the name of Party A and/or the Designated Person without any Security Interest attached. For the purpose of this Section and this Agreement,
“Security Interest” shall include securities, mortgages, pledges, third party’s rights or interests, any stock options, acquisition right, right of first refusal, right to offset, ownership retention or other security
arrangements, but shall not include any security interest created by Equity Interest Pledge Agreement (as defined below); 

  
 5 

	 	(6)	 Party B and Party C shall take all the necessary actions to procure the smooth transfer of the purchased
equity/assets, both in substance and in procedure. Except as otherwise provided in this Agreement, neither Party B nor Party C shall impose any obstacles or restriction on the transfer of purchased equity/assets. 

 

	 	1.5	 The Parties agree that, after Party A exercises its Exclusive Call Option, all the transfer price thus received
by Party B and/or Party C shall be returned to Party A and/or its Designated Person(s),. 

  

	2.	 Covenants 

  

	 	2.1	 Covenants of Party B and Party C 

Party B and Party C hereby irrevocably covenant that:
  

	 	(1)	 Without the prior written consent of Party A or Party A’s parent company ECMOHO Limited (the
“Party A’s Parent Company”), Party B or Party C shall not in any manner supplement, alter or amend the articles of association of Party C, increase or decrease its registered capital, or change its structure of registered
capital in other manners; 

  

	 	(2)	 They shall maintain the existence of Party C and Party C’s subsidiaries in accordance with good financial
and business standards and practices, and shall prudently and effectively operate its business and handle its affairs; 

  
 6 

	 	(3)	 Without the prior written consent of Party A or Party A’s Parent Company, they shall not, at any time
following the date hereof, sell, transfer, mortgage or dispose of any assets, legitimate or beneficial interest in the business or revenues of Party C in any other ways, or create any Security Interest thereon; 

 

	 	(4)	 Without the prior written consent of Party A or Party A’s Parent Company, they shall not incur, inherit,
guarantee or suffer the existence of any debt, except for (i) debts incurred in the ordinary course of business other than through loans; and (ii) debts disclosed to Party A for which Party A’s written consent has been obtained;

  

	 	(5)	 They shall always operate all of Party C’s businesses during the ordinary course of business to maintain
the asset value of Party C and refrain from any action/omission that may affect Party C’s operating status and asset value; 

  

	 	(6)	 Without the prior written consent of Party A or Party A’s Parent Company, Party C shall not execute any
material contract, except for those in the ordinary course of business (for the purpose of this subsection, a contract with a value exceeding RMB 10,000,000 shall be deemed as a material contract); 

 

	 	(7)	 Without the prior written consent of Party A or Party A’s Parent Company, Party C shall not provide any
person with any loan or credit; 

  
 7 

	 	(8)	 They shall provide Party A with information on Party C’s business operations and financial condition at
Party A’s request; 

  

	 	(9)	 Party C shall procure and maintain insurance from an insurance company acceptable to Party A, at an amount and
type of coverage typical for companies that operate similar businesses owning similar property or assets in the same area; 

  

	 	(10)	 Without the prior written consent of Party A or Party A’s Parent Company, Party C shall not merge,
consolidate with, acquire or invest in any person; 

  

	 	(11)	 They shall immediately notify Party A of any occurrence of, or potential occurrence of, any litigation,
arbitration or administrative proceedings relating to Party C’s assets, business or revenue; 

  

	 	(12)	 To maintain the ownership by Party C of all of its assets, they shall execute all the necessary or appropriate
documents, take all the necessary or appropriate actions and file all the necessary or appropriate complaints or raise necessary and appropriate defense against all claims; and 

 

	 	(13)	 Without the prior written consent of Party A or Party A’s Parent Company, Party C shall not in any manner
distribute dividends, distributable interests and/or any asset to its shareholder; if Party B gains any of the above benefits, it shall notify Party A within three business days and immediately transfer all such benefits to Party A free of charge;

  
 8 

	 	2.2	 Covenants of Party B 

Party B hereby irrevocably undertakes that: 
  

	 	(1)	 Without the prior written consent of Party A or Party A’s Parent Company, Party B shall not sell,
transfer, mortgage or dispose of any legitimate or beneficial interest in the equity interests in Party C held by Party B in any other manner, or allow the encumbrance thereon of any Security Interest, except for the pledge placed on Party C’s
equity held by Party B in accordance with Equity Interest Pledge Agreement (the “Equity Interest Pledge Agreement”) executed by the related parties at the date hereof; 

 

	 	(2)	 Without the prior written consent of Party A or Party A’s Parent Company, Party B shall not vote in favor
of the sale, transfer, mortgage or disposition of any assets, legitimate or beneficial interest in any other ways in Party C’s shareholders meeting, and shall not execute any shareholder resolutions approving the foregoing matters, except for
those actions made in favor of Party A or the Designated Person; 

  

	 	(3)	 Without the prior written consent of Party A or Party A’s Parent Company, Party B shall not vote in favor
of the merger or consolidation with any person, or the acquisition of or investment in any person, or the division of Party C, the change of registered capital or change of company form of Party C in Party C’s shareholders meeting, and shall
not execute any shareholder resolutions approving the foregoing matters; 

  
 9 

	 	(4)	 Party B shall cause the shareholder meeting of Party C to vote in favor of the transfer of the purchased equity
made in accordance with this Agreement; 

  

	 	(5)	 To maintain Party B’s ownership in Party C, Party B shall execute all the necessary or appropriate
documents, take all the necessary or appropriate actions and/or file all the necessary or appropriate complaints or raise necessary and appropriate defense against all claims; 

 

	 	(6)	 Upon the request of Party A, Party B shall appoint any person designated by Party A as the director of Party C;

  

	 	(7)	 Upon the request of Party A, Party B shall promptly and unconditionally transfer its equity interests in Party
C to Party A or its Designated Person and hereby waives its right of first refusal to such equity transfer; 

  

	 	(8)	 Party B shall strictly abide by the provisions of this Agreement and other agreement jointly or separately
executed by and among Party A, Party A’s Parent Company, Party B and Party C, perform the obligations hereunder and thereunder, and refrain from any action/omission that may affect the effectiveness and enforceability thereof.

  
 10 

	3.	 Representations and Warranties of Party B and Party C 

Party B and Party C hereby represent and warrant to Party A, jointly and severally, as of the date of this Agreement and each date of transfer
of the Purchased Equity Interests/Assets, that: 
  

	 	3.1	 it has the authority to execute and deliver this Agreement and any share transfer contracts to which they are a
party concerning the Purchased Equity Interests/Assets to be transferred thereunder (each, a “Transfer Contract”), and to perform their obligations under this Agreement and any Transfer Contract. This Agreement and the Transfer
Contract to which Party B and Party C are a party will constitute their legal, valid and binding obligations and shall be enforceable against them in accordance with the provisions thereof; 

 

	 	3.2	 neither the execution and delivery of Party B and Party C nor the performance by Party B and Party C of its
obligations thereunder will: (a) be in conflict with or in violation of the following documents, with or without the giving of notice or the passage of time: (i) its business license, articles of association, license, the approval of
governmental authority for its establishment and any agreement or any other constitutional documents related to its establishment; (ii) any other applicable laws; (iii) any contracts or other documents to which it is a party, or by which
it or its properties are bound or subject; (b) result in the creation or imposition of any pledge or any other encumbrances, upon its property, or result in the entitlement of any third party to create or impose any pledge or any other
encumbrances, upon its property, except for the pledge placed on Party C’s equity in accordance with the Equity Interest Pledge Agreement; (c) permit the termination or amendment to any contracts or other documents to which it is a party,
or by which it or its properties are bound or subject, or result in the entitlement of any third party to terminate or amend such documents; (d) result in the suspension, revocation, damage, confiscation or the inability of renewal of any
applicable approval, license, registration of governmental authorities; 

  
 11 

	 	3.3	 Party C has a good and merchantable title to all of its assets, and has not placed any Security Interest on the
aforementioned assets; 

  

	 	3.4	 Party C does not have any outstanding debts, except for (i) debt incurred in the ordinary course of
business; and (ii) debts disclosed to Party A for which Party A’s written consent has been obtained. Except for the pledge on the equity interests of Party C in accordance with the Equity Pledge Agreement, Party B has not placed any
Security Interest on such equity interests. 

  

	 	3.5	 Party C has complied with all the applicable laws and regulations; and 

 

	 	3.6	 there is no ongoing or pending or threatened litigation, arbitration or administrative proceedings relating to
the equity interests in Party C, assets of Party C or Party C. 

 Party B hereby undertakes to Party A that, it has made
proper arrangements and executed all the necessary documents to ensure that under the circumstance of his/her decease, incapacity, bankruptcy, divorce or other circumstance that may influence its ability to exercise the shareholder’s right,
his/her successor, guardian, debtor, spouse or any other person who may become the equity holder of Party C, shall not influence or hinder the performance of this Agreement. 

  
 12 

 The Parties hereby undertake that Party A has the right to immediately exercise the
Exclusive Call Option, once the PRC Laws allows Party A to directly hold Party C’s equity interest and Party C can legally continue to engage in its business. 
  

	4.	 Effective Date and Term 

 

	 	4.1	 This Agreement shall come into effect upon the date hereof. 

 

	 	4.2	 This Agreement shall remain effective until all of Party C’s equity interest and/or Party C’s all
assets held by Party B have been legally transferred to Party A and/or the Designated Person(s) according to this Agreement. Notwithstanding the above provision, Party A may terminate this Agreement by written notice to Party B and Party C at any
time 30 days in advance, and Party A shall not be liable for the unilateral termination of this Agreement. 

  

	5.	 Governing Law and Resolution of Disputes 

 

	 	5.1	 The effectiveness, interpretation, performance and the dispute resolution of this agreement shall be governed
by the PRC Laws. 

  

	 	5.2	 In the event of any dispute with respect to the interpretation and performance of this Agreement, the Parties
shall firstly resolve the dispute in good faith through negotiations. In the event the Parties fail to reach an agreement on the dispute within thirty (30) days after either Party issues a written notice on negotiation requirement to the other,
either Party may submit the relevant dispute to the Shanghai International Economic and Trade Arbitration Center for arbitration, in accordance with its then effective arbitration rules. The venue of arbitration shall be Shanghai, and the
arbitration language shall be Chinese. The arbitration award shall be final and binding on all Parties. 

  
 13 

	 	5.3	 During the arbitration period, except for the matters or responsibilities under arbitration, both Parties shall
continue the performance of other responsibilities provided herein. The arbitrator shall be entitled to make appropriate awards so that Party A may receive appropriate legal remedy, including without limitation the restriction of Party B on the
business operation of Party C, the restriction, prohibition or order on the transfer or disposal of Party B’ equity interest or assets of Party C, requirement to Party B on the liquidation of Party C. 

 

	 	5.4	 As required by one Party, the court of jurisdiction is entitled to provisional remedy, such as detainment or
freeze of the assets or equity judgement of the breaching party. After the arbitration award comes into effect, either Party is entitled to apply for enforcement of the arbitral decision to the court of jurisdiction. 

 

	6.	 Taxes and Fees 

Each Party shall pay any and all transfer and registration tax, expenses and fees incurred thereby or levied thereon in connection with the
preparation and execution of this Agreement and the Transfer Agreement, as well as the consummation of the transactions contemplated under this Agreement and the Transfer Agreement.

  
 14 

	7.	 Notices 

Except as may be otherwise changed through written notice provided herein, the notice herein shall be sent to the following addresses through
personal delivery, fax or registered mail. Where the notice is sent through registered mail, the signature date on the receipt of the registered mail shall be deemed as the delivery date. Where the notice is sent by personal delivery or fax, the
date on which it is sent shall be deemed as the delivery date. If the notice is sent by fax, after sending the fax, the original notice shall also be delivered to the following address through registered mail or personal delivery:

Party A: Shanghai ECMOHO Health Biotechnology Co, Ltd. 

Address: Floor 2&3, No. 1000 Tianyaoqiao Road, Xuhui District, Shanghai 

Tel/Fax: 021-61132270 

Attn: Ling Yu 
 Party B: 

Ying Wang 
 Address: ***

 Tel: *** 

  
 15 

 Qingchun Zeng 

Address: *** 
 Tel: *** 

Party C: Shanghai Yibo Medical Devices Co., Ltd. 

Address: Room 1810, 380 Fenglin Road, Xuhui District, Shanghai 

Tel: 021-61132270 

Attn: Ling Yu 
  

	8.	 Confidentiality 

 

	 	8.1	 Prior to the execution of this Agreement and during the term of this Agreement, each Party (the
“Disclosing Party”) has disclosed or from time to time may disclose to the other Party (the “Receiving Party”) its confidential information (including without limitation the business operation information, client
information, financial information and contracts). The Receiving Party shall keep confidential such confidential information and shall not use such confidential information for purposes other than those specifically provided herein. The above
provisions shall not apply to the information that (a) the Receiving Party has written evidence that it has obtained such information before the disclosure by the Disclosing Party; (b) is generally known to the public at the time of
disclosure or becomes generally known with no breach of this Agreement by the Receiving Party; (c) becomes known to the Receiving Party on a non-confidential basis through disclosure by a third-party with
no confidentiality obligation to such confidential information; and (d) required to be disclosed by any laws, regulations or governmental authorities, or disclosed to its legal consultant or accounting consultant for its daily operations.

  
 16 

	 	8.2	 The confidentiality obligations shall survive the termination of this Agreement. 

 

	9.	 Further Warranties 

The Parties agree to promptly execute documents that are reasonably required for or are conducive to the implementation of the provisions and
purposes of this Agreement and take further actions that are reasonably required for or are conducive to the implementation of the provisions and purposes of this Agreement. 
  

	10.	 Force Majeure 

 

	 	10.1	 Where the performance of this Agreement is delayed or hindered due to any “Force Majeure
Event”, the Party under the influence of such force majeure does not need to bear any liabilities for the part of liabilities delayed or hindered and only such part. The force majeure herein means any events that go beyond the reasonable
control of one Party, and are irrevocable despite of the reasonable notice of the Party influenced by such force majeure, including without limitation to government act, natural power, fire, explosion, geographic change, storm, flood, earthquake,
tide, lightning or war. However, the inadequacy of credit, fund or financing may not be deemed as the event out of control of one Party. The Party under the influence of the force majeure that seeks for the relief of liabilities under any articles
hereunder shall as soon as possible notify the other Party of such relief of liabilities and the procedures to be taken for the finish of performance. 

  
 17 

	 	10.2	 The Party under the influence of force majeure does not need to bear any liabilities hereunder. However, so
long as such Party has tried its all reasonable effect in performing this Agreement, may it be able to obtain such relief of liability. And such relief shall be limited to the part of liability delayed or hindered due to the force majeure. Once the
cause of such relief has been corrected or remedied, both Parties agree to try their utmost in resuming the performance of this Agreement. 

  

	11.	 Miscellaneous 

 

	 	11.1	 Amendment, revision and supplement 

Any amendment and supplement to this Agreement shall be made in writing by the Parties. Any duly executed amendments and supplements of
this Agreement are integral parts of this Agreement, and shall have the same legal effect with this Agreement. 
  

	 	11.2	 Entire agreement 

Except for any written amendments, supplements or revision hereafter, this Agreement shall constitute the entire agreement reached by and among
the Parties hereto with respect to the subject matter hereof, and shall supersede all prior oral and written discussion, representations and contracts reached with respect to the subject matter of this Agreement, including the Exclusive Call Option
Agreement executed by the Parties and other relevant parties on July 31, 2018. 

  
 18 

	 	11.3	 Headings 

The headings of this Agreement are for convenience only, and shall not be used to interpret, explain or otherwise affect the meanings of the
provisions of this Agreement. 
  

	 	11.4	 Language 

This Agreement is written in Chinese in multiple copies. 
  

	 	11.5	 Severability 

In the event that one or several of the provisions of this Agreement are found to be invalid, illegal or unenforceable in any aspect in
accordance with any laws or regulations, the validity, legality or enforceability of the remaining provisions of this Agreement shall not be affected or compromised in any respect. The Parties shall consult in good faith to replace such invalid,
illegal or unenforceable provisions with effective provisions, and the economic effect of such effective provisions shall be as close as possible to the economic effect of those invalid, illegal or unenforceable provisions.

 

	 	11.6	 Successors 

This Agreement shall be binding on the respective successors of the Parties and the permitted assignees of such Parties. 

  
 19 

	 	11.7	 Survival 

Any obligations that occur or that are due as a result of this Agreement upon the expiration or early termination of this Agreement shall
survive the expiration or early termination thereof.
 The provisions of Article 6, 8 and Article11.8 shall survive the termination of this
Agreement. 
  

	 	11.8	 Waivers 

Any Party may waive the terms and conditions of this Agreement, provided that such a waiver must be provided in writing and shall require the
signatures of the Parties. No waiver by any Party in certain circumstances with respect to a breach by other Parties shall operate as a waiver by such a Party with respect to any similar breach in other circumstances. 

IN WITNESS WHEREOF, the Parties have executed this Exclusive Call Option Agreement as of the date first above written. 

  
 20 

 (No text in this page) 

Party A: Shanghai ECMOHO Health Biotechnology Co, Ltd. (seal) 

Represent by: /s/ Ying Wang 
 Party B: 

Ying Wang 
 Signature: /s/ Ying Wang 

Qingchun Zeng 
 Signature: /s/ Qingchun Zeng 

Party C: Shanghai Yibo Medical Devices Co., Ltd.(seal) 

Represent by: /s/ Qingchun Zeng 

 Exhibit 1 

Equity Interest Purchase Notice 
 TO: Ying Wang,
Qingchun Zeng 
 Ying Wang, Qingchun Zeng and the undersigned company have executed an Exclusive Call Option Agreement as of the date November 8, 2018.
The terms used in this notice have the same definition if they have been defined in the Agreement. 
 The undersigned company hereby exercises its Exclusive
Assets Purchase Option under the Exclusive Call Option Agreement, and requests the undersigned company/ the [    ] [Company / Person’s Name] designated by the undersigned company as Designated Person to purchase 50%,50%
equity interests in Shanghai Yibo Medical Devices Co., Ltd. respectively hold by Ying Wang, Qingchun Zeng. Upon receipt of this notice, Ying Wang and Qingchun Zeng shall complete the closing of the purchased equity within fifteen business days in
accordance with the Exclusive Call Option Agreement. 
 Shanghai ECMOHO Health Biotechnology Co, Ltd.(seal) 

Date: [MM] [DD] [YY] 

 Exhibit 2 

Assets Purchase Option Notice 
 TO:
Shanghai Yibo Medical Devices Co., Ltd. 
 Ying Wang, Qingchun Zeng and the undersigned company have executed an Exclusive Call Option Agreement as of the
date November 8, 2018. The terms used in this notice have the same definition if they have been defined in the Agreement. 
 The undersigned company
hereby exercises its Exclusive Assets Purchase Option under the Exclusive Call Option Agreement, and requests the undersigned company/ the [    ] [Company / Person’s Name] designated by the undersigned company as Designated
Person to purchase all the assets of your company as listed in the attached list (the “Assets to be Transferred”). Please transfer all the Assets to be Transferred within 15 business days in accordance with the Exclusive Call Option
Agreement upon receipt of this notice. 
 Shanghai ECMOHO Health Biotechnology Co, Ltd.(seal) 

Date: [MM] [DD] [YY] 

 Exhibit 3 

Transfer Agreement 
 This
Transfer Agreement (hereinafter referred to as this “Agreement”) is made on [MM] [DD] [YY], by and among the following parties: 

Transferor: Ying Wang 
 ID No: ***

 Add: 
 Transferor: Qingchun
Zeng 
 ID No: *** 
 Add: 

Transferee: [Shanghai ECMOHO Health Biotechnology Co, Ltd. or its designated assignee] 

Registration NO: 
 Add: 

 The Parties agree as follows: 

 

	 	1.	 Ying Wang, Qingchun Zeng agree to sell, and the Transferee agrees to accept 50%, 50% equity interests in
Shanghai Yibo Medical Devices Co., Ltd. respectively hold by Ying Wang and Qingchun Zeng (hereinafter referred to as “Purchased Equity Interest”) at the lowest price allowed by PRC Laws. 

 

	 	2.	 Upon the completion of transference of Purchased Equity Interest, the Transferor no longer has any rights over
the Purchased Equity Interest, and the Transferee shall have all the rights of the above Purchased Equity Interest. 

  

	 	3.	 The effectiveness, construction, performance and the resolution of disputes hereunder shall be governed by the
laws of China. In the event of any dispute with respect to the construction and performance of this Agreement, the Parties shall first resolve the dispute through friendly negotiations or under the rules in Exclusive Call Option Agreement. In the
event the Parties fail to reach an agreement on the dispute within 30 days after the dispute, either Party may submit the relevant dispute to the Shanghai International Economic and Trade Arbitration Center for arbitration, in accordance with its
then effective arbitration rules by three arbitrator conducted in Shanghai. The arbitral tribunal shall consist of three (3) arbitrators, and each party shall appoint one (1) arbitrator. The third arbitrator shall be appointed by the
Shanghai International Economic and Trade Arbitration Center. If arbitration party or party have been referred to arbitration are more than 2 (natural or legal person), they shall appoint an arbitrator by mutual agreement in writing The arbitration
award shall be final and binding on all Parties. During the arbitration period, except for the matters or responsibilities under arbitration, both Parties shall continue the performance of other responsibilities provided herein. The arbitrator is
entitled to make appropriate award so that Transferee may receive appropriate legal remedy, including without limitation the restriction of Shanghai Yibo Medical Devices Co., Ltd. on the business operation, the restriction, prohibition or order on
the transfer or disposal of the Transferor’ equity interest or assets of Shanghai Yibo Medical Devices Co., Ltd., requirement to the Transferor on the liquidation of Shanghai Yibo Medical Devices Co., Ltd. 

	4.	 As required by Transferee, the court of jurisdiction is entitled to provisional remedy, such as detainment or
freeze of the assets or equity interest of the breaching party. After the arbitration award comes into effect, either Party is entitled to application for arbitration award to the court of jurisdiction. 

 

	5.	 The Parties have executed this Agreement as of the date of signature. 

Transferor: 
 Ying Wang (Signature) 

Qingchun Zeng (Signature) 
 Transferee: 

[Shanghai Yibo Medical Devices Co., Ltd. or its designated assignee] 

Legal Representative or Authorized Representative: 

 Exhibit 4 

Irrevocable Power of Attorney (I) 

Pursuant to the Exclusive Call Option Agreement entered into among I, Shanghai Ecmoho Biotechnology Co., Ltd and Shanghai Yibo Medical Devices Co., Ltd., I
hereby issue this Power of Attorney. 
 I hereby irrevocably authorize [    ] (hereinafter referred to as
“Representative”) as my representative with sole authority to: (1) prepare and sign the Transfer Agreement (as defined in Exclusive Call Option Agreement”); (2) prepare and sign other necessary documents related to
transfer of Purchased Equity Interest (as defined in Exclusive Call Option Agreement”); (3) handle all relevant legal formalities such as approving and registration of Purchased Equity Interest 

I hereby agree and acknowledge that the Representative has the sole authority to exercise the rights within the foregoing authorization in any manners, and I
undertake to accept the obligations or liabilities arising from the exercise of such rights by the Representative. 
 This Power of Attorney shall become
effective from the date of its execution, and continues its effectiveness during the term of Exclusive Call Option Agreement. 
 Hereby delegate. 

 Ying Wang (signature) /s/ Ying Wang 

Date: November 8, 2018 

 Exhibit 4 

Irrevocable Power of Attorney (II) 

Pursuant to the Exclusive Call Option Agreement entered into among I, Shanghai ECMOHO Health Biotechnology Co, Ltd. and Shanghai Yibo Medical Devices Co.,
Ltd., I hereby issue this Power of Attorney. 
 I hereby irrevocably authorize [    ] (hereinafter referred to as
“Representative”) as my representative with sole authority to: (1) prepare and sign the Transfer Agreement (as defined in Exclusive Call Option Agreement”); (2) prepare and sign other necessary documents related to
transfer of Purchased Equity Interest (as defined in Exclusive Call Option Agreement”); (3) handle all relevant legal formalities such as approving and registration of Purchased Equity Interest 

I hereby agree and acknowledge that the Representative has the sole authority to exercise the rights within the foregoing authorization in any manners, and I
undertake to accept the obligations or liabilities arising from the exercise of such rights by the Representative. 
 This Power of Attorney shall become
effective from the date of its execution, and continues its effectiveness during the term of Exclusive Call Option Agreement. 
 Hereby delegate. 

 Qingchun Zeng (signature) /s/ Qingchun Zeng 

Date: November 8, 2018

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