Document:

Exhibit 10.13

 

AMENDED AND RESTATED ESCROW DEPOSIT AGREEMENT

 

This AMENDED AND
RESTATED ESCROW DEPOSIT AGREEMENT (this “Agreement”), dated as of this 22nd day of December 2017,
by and among SSLJ.COM LIMITED, a Cayman Islands company (the “Company”), having an address at 23/F, Block
4, Oceanwide International SOHO Town, Jianghan District, Wuhan, P.R. China 43000, BOUSTEAD SECURITIES, LLC (the “Underwriter”),
having an address at 6 Venture, Suite 325, Irvine, CA 92618, and SIGNATURE BANK (the “Escrow Agent”),
a New York State chartered bank, having an office at 905 Third Avenue, 9th Floor, New York, NY 10022. All capitalized
terms not herein defined shall have the meaning ascribed to them in that certain Registration Statement on Form F-1 of the Company,
as initially publicly filed on November 7, 2017, as amended, including all attachments, schedules and exhibits thereto (the “Registration
Statement”).

 

W I T N E S S E T H:

 

WHEREAS, the
Company, Underwriter and Escrow Agent previously entered into an Escrow Deposit Agreement dated December 13, 2017 (the “Original
Agreement”) and now desires to enter into this Agreement to replace and supersede the Original Agreement;

 

WHEREAS, pursuant
to the terms of the Registration Statement, the Company desires to sell (the “Offering”) a minimum of $10,000,000
(the “Minimum Amount”) and a maximum of $20,000,000 (the “Maximum Amount”) of its Class A
ordinary shares, par value $0.00125 per share (the “Shares”). Each Share is anticipated to be sold at a price
of $5.00 per Share. In addition, the Underwriter has been granted an over-subscription option (the “Over-Subscription
Option”) pursuant to which the Company may sell up to an additional 600,000 Shares for additional investment proceeds
of up to $3,000,000; and

 

WHEREAS, unless
the Minimum Amount is sold by the 180th day from the effective date of the Registration Statement (the “Initial
Termination Date”), unless extended by the Company and the Underwriter for an additional 45 days (the “Final
Termination Date”), the Offering shall terminate and all funds shall be returned to the investors in the Offering (the
“Investors”); and

 

WHEREAS, if
the Minimum Amount is met, the Offering may continue until the Initial Termination Date, or Final Termination Date as applicable
pursuant to the terms set forth herein; and

 

WHEREAS, in
the event that the Maximum Amount is sold by the Initial Termination Date, or Final Termination Date as applicable, and the Underwriter
exercises the Over-Subscription Option by such date, the Underwriter may extend the Offering for an additional 45 days past the
date of exercise of the Over-Subscription Option (the “Over-Subscription Termination Date”); and

 

WHEREAS, the
Company and Underwriter have established an escrow account with the Escrow Agent, into which the Company and Underwriter shall
instruct Investors to wire transfer the payment of money to Signature Bank, 905 Third Avenue, 9th Floor, New York, NY
10022, ABA No. 026013576 for credit to “Signature Bank as Escrow Agent for SSLJ.com Limited”, Account No. 1503262742
and Escrow Agent is willing to accept said wire transfers for the payment of money in accordance with the terms hereinafter set
forth; and

 

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WHEREAS, each
of the Company, as issuer, and Underwriter, as an introducing broker-dealer, represents and warrants to the Escrow Agent that it
will comply with all of its respective obligations under applicable state and federal securities laws and regulations with respect
to the Offering and the Escrow Agent shall not accept any deposits into the Escrow Account until it has received notice from the
Company or the Underwriter that the Registration Statement is declared effective by the Securities and Exchange Commission (the
“Commission”); and

 

WHEREAS, each
of the Company and Underwriter represents and warrants to the Escrow Agent that it has not stated to any individual or entity that
the Escrow Agent’s duties will include anything other than those duties stated in this Agreement; and

 

WHEREAS, each
of the Company and Underwriter warrants to the Escrow Agent that a copy of each document, or a reference thereto, that has been
delivered to Investors and third parties that include Escrow Agent’s name and duties, has been attached hereto as Schedule
I.

 

NOW, THEREFORE,
IT IS AGREED AS FOLLOWS:

 

1.       Delivery
of Escrow Funds.

 

(a)        Underwriter
and the Company shall instruct Investors to wire transfer to Signature Bank, 905 Third Avenue, 9th Floor, New York,
NY 10022, ABA No. 026013576 for credit to Signature Bank, as Escrow Agent for SSLJ.com Limited, Account No. 1503262742, in each
case, with the name and address of the individual or entity making payment. In the event any Investor’s address is not provided
to Escrow Agent by the Investor, then Underwriter and/or the Company agree to promptly provide Escrow Agent with such information
in writing upon request. The wire transfers shall be deposited into a non-interest-bearing account at Signature Bank entitled “SSLJ.com
Limited, Signature Bank, as Escrow Agent” (the “Escrow Account”). The Escrow Agent shall not accept any
deposits into the Escrow Account until it has received notice from the Company or the Underwriter that the Registration Statement
is declared effective by the Commission.

 

(b)       The
collected funds deposited into the Escrow Account are referred to as the “Escrow Funds.”

 

(c)       The
Escrow Agent shall have no duty or responsibility to enforce the collection, or demand payment, of any funds deposited into the
Escrow Account. If, for any reason, any payment deposited into the Escrow Account shall be returned unpaid to the Escrow Agent,
the sole duty of the Escrow Agent shall be to return the payment to the Investor and advise the Company and Underwriter promptly
thereof.

 

2.       Release
of Escrow Funds. The Escrow Funds shall be paid by the Escrow Agent in accordance with the following:

 

(a)       In
the event that the Company advises the Escrow Agent in writing that the Offering has been terminated (the “Termination
Notice”), the Escrow Agent shall promptly return the funds paid by each Investor to said Investor without interest or
offset by noon of the second Banking Day following Escrow Agent’s receipt of the Termination Notice, or as soon as possible
thereafter.

 

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(b)        If
at any time prior to 3:00 P.M. Eastern Time on the Initial Termination Date, the Escrow Agent receives written notice, in the form
of Exhibit A, attached hereto and made a part hereof, and signed by the Company and Underwriter, stating that the Initial Termination
Date has been extended to the Final Termination Date (the “Extension Notice”), then the Initial Termination
Date shall be so extended.

 

(c)If at any time
prior to 3:00 P.M. Eastern Time on the Initial Termination Date, or Final Termination Date as applicable, the Escrow Agent receives
written notice, in the form of Exhibit B, attached hereto and made a part hereof, and signed by the Company and the Underwriter,
stating that the Initial Termination Date, or Final Termination Date as applicable, has been extended to the Over-Subscription
Termination Date (the “Over-Subscription Extension Notice”), then the Initial Termination Date or Final Termination
Date shall be so extended. 

 

(d)        Provided
that the Escrow Agent has not received the Termination Notice in accordance with Section 2(a) and (A) there is at least the Minimum
Amount deposited into the Escrow Account on or prior to later of the (i) Initial Termination Date, (ii) the date stated in the
Extension Notice, if any, received by the Escrow Agent in accordance with Section 2(b) above, or (iii) the date stated in the Over-Subscription
Extension Notice, if any, received by the Escrow Agent in accordance with Section 2(c) above, or (B) an initial closing on at least
the Minimum Amount has previously been consummated and additional Escrow Funds are in the Escrow Account, the Escrow Agent shall,
upon receipt of written instructions, in the form of Exhibit C, attached hereto and made a part hereof, received from the Company
and Underwriter, pay the Escrow Funds in accordance with such written instructions, which instructions shall be limited to payment
of the Underwriter’s fee and Offering expenses, and payment of the balance to the Company, such payment or payments to be
made by wire transfer by noon of the second Banking Day of receipt of such written instructions. Such instructions must be received
by the Escrow Agent no later than 3:00 PM Eastern Time on a Banking Day for the Escrow Agent to process such instructions that
Banking Day.

 

(e)       If
by 3:00 P.M. Eastern Time on the later of the (i) Initial Termination Date, (ii) the date stated in the Extension Notice, if any,
that the Escrow Agent has received in accordance with Section 2(b) above, or (iii) the date stated in the Over-Subscription Extension
Notice, if any, received by the Escrow Agent in accordance with Section 2(c) above, the Escrow Agent has not received written instructions
from the Company and Underwriter regarding the disbursement of the Escrow Funds or the total amount of the Escrow Funds is less
than the Minimum Amount, then the Escrow Agent shall return the Escrow Funds to the Investors without interest or offset by noon
of the second Banking Day after the Initial Termination Date, or the Final Termination or Over-Subscription Termination Date as
applicable, or as soon thereafter as possible. The Escrow Funds returned to each Investor shall be free and clear of any and all
claims of the Escrow Agent.

 

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(f)       The
Escrow Agent shall not be required to pay any uncollected funds or any funds that are not available for withdrawal.

 

(g)       If
the Initial Termination Date, Final Termination Date or Over-Subscription Termination Date or any date that is a deadline under
this Agreement for giving the Escrow Agent notice or instructions or for the Escrow Agent to take action is not a Banking Day,
then such date shall be the Banking Day that immediately following that date. A “Banking Day” is any day other
than a Saturday, Sunday or a day that a New York State chartered bank is not legally obligated to be opened.

 

3.       Acceptance
by Escrow Agent. The Escrow Agent hereby accepts and agrees to perform its obligations hereunder, provided that:

 

(a)       The
Escrow Agent may act in reliance upon any signature believed by it to be genuine, and may assume that any person who has been designated
by Underwriter or the Company to give any written instructions, notice or receipt, or make any statements in connection with the
provisions hereof has been duly authorized to do so. Escrow Agent shall have no duty to make inquiry as to the genuineness, accuracy
or validity of any statements or instructions or any signatures on statements or instructions. The names and true signatures of
each individual authorized to act singly on behalf of the Company and Underwriter are stated in Schedule II, which is attached
hereto and made a part hereof. The Company and Underwriter may each remove or add one or more of its authorized signers stated
on Schedule II by notifying the Escrow Agent of such change in accordance with this Agreement, which notice shall include
the true signature for any new authorized signatories.

 

(b)       The
Escrow Agent may act relative hereto in reliance upon advice of counsel in reference to any matter connected herewith. The Escrow
Agent shall not be liable for any mistake of fact or error of judgment or law, or for any acts or omissions of any kind, unless
caused by its willful misconduct or gross negligence.

 

(c)       Underwriter
and the Company agree to indemnify and hold the Escrow Agent harmless from and against any and all claims, losses, costs, liabilities,
damages, suits, demands, judgments or expenses (including but not limited to reasonable attorney’s fees) claimed against
or incurred by Escrow Agent arising out of or related, directly or indirectly, to this Escrow Agreement unless caused by the Escrow
Agent’s gross negligence or willful misconduct.

 

(d)       In
the event that the Escrow Agent shall be uncertain as to its duties or rights hereunder, the Escrow Agent shall be entitled to
(i) refrain from taking any action other than to keep safely the Escrow Funds until it shall be directed otherwise by a court of
competent jurisdiction, or (ii) deliver the Escrow Funds to a court of competent jurisdiction.

 

(e)       The
Escrow Agent shall have no duty, responsibility or obligation to interpret or enforce the terms of any agreement other than Escrow
Agent’s obligations hereunder, and the Escrow Agent shall not be required to make a request that any monies be delivered
to the Escrow Account, it being agreed that the sole duties and responsibilities of the Escrow Agent shall be to the extent not
prohibited by applicable law (i) to accept wire transfers delivered to the Escrow Agent for the Escrow Account and deposit said
wire transfers into the non-interest bearing Escrow Account, and (ii) to disburse or refrain from disbursing the Escrow Funds as
stated above, provided that the wire transfers have been received by the Escrow Agent and are available for withdrawal.

 

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4.       Escrow
Account Statements and Information. The Escrow Agent agrees to send to the Company and/or the Underwriter a copy of the Escrow
Account periodic statement, upon request in accordance with the Escrow Agent’s regular practices for providing account statements
to its non-escrow clients and to also provide the Company and/or Underwriter, or their designee, upon request other deposit account
information, including Escrow Account balances, by telephone or by computer communication, to the extent practicable. The Company
and Underwriter agree to complete and sign all forms or agreements required by the Escrow Agent for that purpose. The Company and
Underwriter each consent to the Escrow Agent’s release of such Escrow Account information to any of the individuals designated
by Company or Underwriter, which designation has been signed in accordance with Section 3(a) by any of the persons in Schedule
II.  Further, the Company and Underwriter have an option to receive e-mail notification of incoming and outgoing wire
transfers. If this e-mail notification service is requested and subsequently approved by the Escrow Agent, the Company and Underwriter
agrees to provide a valid e-mail address and other information necessary to set-up this service and sign all forms and agreements
required for such service. The Company and Underwriter each consent to the Escrow Agent’s release of wire transfer information
to the designated e-mail address(es). The Escrow Agent’s liability for failure to comply with this section shall not exceed
the cost of providing such information.

 

5.       Resignation
and Termination of the Escrow Agent. The Escrow Agent may resign at any time by giving 30 days’ prior written notice
of such resignation to Underwriter and the Company. Upon providing such notice, the Escrow Agent shall have no further obligation
hereunder except to hold as depositary the Escrow Funds that it receives until the end of such 30-day period. In such event, the
Escrow Agent shall not take any action, other than receiving and depositing wire transfers in accordance with this Agreement, until
the Company has designated a banking corporation, trust company, attorney or other person as successor. Upon receipt of such written
designation signed by Underwriter and the Company, the Escrow Agent shall promptly deliver the Escrow Funds to such successor and
shall thereafter have no further obligations hereunder. If such instructions are not received within 30 days following the effective
date of such resignation, then the Escrow Agent may deposit the Escrow Funds held by it pursuant to this Agreement with a clerk
of a court of competent jurisdiction pending the appointment of a successor. In either case provided for in this Section, the Escrow
Agent shall be relieved of all further obligations and released from all liability thereafter arising with respect to the Escrow
Funds.

 

6.       Termination.
Except as otherwise specifically provided herein, this Agreement shall terminate on later of the final closing date of the Offering,
the Initial Termination Date, the Final Termination Date or the Over-Subscription Termination Date, as applicable (except with
respect to provisions hereof which are specifically intended to survive such termination). The Company and Underwriter may terminate
the appointment of the Escrow Agent hereunder upon written notice specifying the date upon which such termination shall take effect,
which date shall be at least 30 days from the date of such notice. In the event of such termination, the Company and Underwriter
shall, within 30 days of such notice, appoint a successor escrow agent and the Escrow Agent shall, upon receipt of written instructions
signed by the Company and Underwriter, turn over to such successor escrow agent all of the Escrow Funds; provided, however,
that if the Company and Underwriter fail to appoint a successor escrow agent within such 30-day period, such termination notice
shall be null and void and the Escrow Agent shall continue to be bound by all of the provisions hereof. Upon receipt of the Escrow
Funds, the successor escrow agent shall become the escrow agent hereunder and shall be bound by all of the provisions hereof and
Escrow Agent shall be relieved of all further obligations and released from all liability thereafter arising with respect to the
Escrow Funds and under this Agreement.

 

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7.       Investment.
All funds received by the Escrow Agent shall be held only in non-interest-bearing bank accounts at Escrow Agent.

 

8.       Compensation.
Escrow Agent shall be entitled, for the duties to be performed by it hereunder, to a fee of $4,000.00, which fee shall be paid
by the Company upon the signing of this Agreement. In addition, the Company shall be obligated to reimburse Escrow Agent for all
fees, costs and expenses incurred or that become due in connection with this Agreement or the Escrow Account, including reasonable
attorney’s fees. Neither the modification, cancellation, termination or rescission of this Agreement nor the resignation
or termination of the Escrow Agent shall affect the right of Escrow Agent to retain the amount of any fee which has been paid,
or to be reimbursed or paid any amount which has been incurred or becomes due, prior to the effective date of any such modification,
cancellation, termination, resignation or rescission. To the extent the Escrow Agent has incurred any such expenses, or any such
fee becomes due, prior to any closing, the Escrow Agent shall advise the Company and the Company shall direct all such amounts
to be paid directly at any such closing. The Escrow Agent shall be entitled to a fee of $1,000 in the event the Agreement is amended
for any reason in accordance with Section 10(d).

 

9.       Notices.
All notices, requests, demands and other communications required or permitted to be given hereunder shall be in writing and shall
be deemed to have been duly given if sent by hand-delivery, by facsimile (followed by first-class mail), by nationally recognized
overnight courier service or by prepaid registered or certified mail, return receipt requested, to the addresses set forth below:

 

If to Underwriter:

 

Boustead
Securities, LLC

6 Venture,
Suite 325

Irvine, CA
92618

Attention:
Keith Moore, CEO

Fax: +1 815
301 809

 

    6 

     

    

 

With copy to:

 

Ortoli Rosenstadt
LLP

501 Madison
Avenue, 14th Floor

New York,
NY 10022

Attention:
William S. Rosenstadt, Esq.

    Mengyi “Jason”
Ye, Esq.

Fax: (212)
826-9307

 

If to the Company:

 

SSLJ.COM
Limited

23/F, Block
4, Oceanwide International SOHO Town,

Jianghan
District,

Wuhan, P.R.
China 43000

Attention:
Wei Zheng

 

With copy to:

 

Ellenoff Grossman
& Schole LLP

1345 Avenue of
the Americas, 11th Floor

New York, NY 10105

Attention: David
Selengut, Esq.

Bill Huo, Esq.

Fax: (212) 370-7889

 

If to Escrow Agent:

 

Signature Bank

905 Third Avenue, 9th
Floor New York, NY 10022

Attention: John
Gonzalez, Group Director & Senior Vice President

Fax: (646) 822-1520

 

10.       General.

 

(a)       This
Agreement shall be governed by and construed and enforced in accordance with the laws of the State of New York applicable to agreements
made and to be entirely performed within such State, without regard to choice of law principles and any action brought hereunder
shall be brought in the courts of the State of New York, located in the County of New York. Each party hereto irrevocably waives
any objection on the grounds of venue, forum nonconveniens or any similar grounds and irrevocably consents to service of process
by mail or in any manner permitted by applicable law and consents to the jurisdiction of said courts. EACH OF THE PARTIES HERETO
HEREBY WAIVES ALL RIGHT TO TRIAL BY JURY IN ANY ACTION, PROCEEDING OR COUNTERCLAIM ARISING OUT OF THE TRANSACTIONS CONTEMPLATED
BY THIS AGREEMENT.

 

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(b)       This
Agreement sets forth the entire
agreement and understanding of the parties with respect to the matters contained herein and supersedes all prior agreements, arrangements
and understandings relating thereto.

 

(c)       All
of the terms and conditions of this Agreement shall be binding upon, and inure to the benefit of and be enforceable by, the parties
hereto, as well as their respective successors and assigns.

 

(d)       This
Agreement may be amended, modified, superseded or canceled, and any of the terms or conditions hereof may be waived, only by a
written instrument executed by each party hereto or, in the case of a waiver, by the party waiving compliance. The failure of any
party at any time or times to require performance of any provision hereof shall in no manner affect its right at a later time to
enforce the same. No waiver of any party of any condition, or of the breach of any term contained in this Agreement, whether by
conduct or otherwise, in any one or more instances shall be deemed to be or construed as a further or continuing waiver of any
such condition or breach or a waiver of any other condition or of the breach of any other term of this Agreement. No party may
assign any rights, duties or obligations hereunder unless all other parties have given their prior written consent.

 

(e)       If
any provision included in this Agreement proves to be invalid or unenforceable, it shall not affect the validity of the remaining
provisions.

 

(f)       This
Agreement and any modification or amendment of this Agreement may be executed in several counterparts or by separate instruments
and all of such counterparts and instruments shall constitute one agreement, binding on all of the parties hereto.

 

11.       Form
of Signature. The parties hereto agree to accept a facsimile transmission copy of their respective actual signatures as evidence
of their actual signatures to this Agreement and any modification or amendment of this Agreement; provided, however,
that each party who produces a facsimile signature agrees, by the express terms hereof, to place, promptly after transmission of
his or her signature by fax, a true and correct original copy of his or her signature in overnight mail to the address of the other
party.

 

12.        No
Third-Party Beneficiaries.  This Agreement is solely for the benefit of the parties and their respective successors
and permitted assigns, and no other person has any right, benefit, priority, or interest under or because of the existence of this
Agreement.

 

    8 

     

    

 

IN WITNESS WHEREOF, the parties
have duly executed this Agreement as of the date first set forth above.

 

 

	SSLJ.COM LIMITED	 	BOUSTEAD  SECURITIES, LLC
	 	 	 	 	 
	By:	/s/ Wei Zheng	 	By:	/s/ Keith Moore
	 	Name: Wei Zheng	 	 	Name: Keith Moore  
	 	Title: CEO	 	 	Title: CEO  

 

 

	SIGNATURE BANK	 
	 	 	 
	By:	/s/ John D. Gonzalez	 
	 	Name: John D. Gonzalez	 
	 	Title: Group Director & SVP	 

 

 

	By:	/s/ Stephen Fay	 
	 	Name: Stephen Fay	 
	 	Title: Senior Client Assoc. Officer	 

  

    9 

     

    

Schedule
I

 

OFFERING DOCUMENTS

 

 

 

    10 

     

    

Schedule
II

 

The Escrow Agent is
authorized to accept instructions signed or believed by the Escrow Agent to be signed by any one of the following on behalf of
the Company and Underwriter.

 

	SSLJ.com Limited
	 
	Name	 	True Signature
	 	 	 
	Wei Zheng	 	/s/ Wei Zheng

 

 

	Boustead Securities, LLC
	 	 	 
	Name	 	True Signature
	 	 	 
	Keith Moore	 	/s/
    Keith Moore

 

  

    11 

     

    

Exhibit A

 

EXTENSION NOTICE

 

Date:

 

Signature Bank

905 Third Avenue, 9th Floor

New York, New York 10022

Attention: John Gonzalez, Group Director
& Senior Vice President

 

Dear John:

 

In accordance with the terms of Section
2(b) of the Escrow Deposit Agreement, dated ___ _______, by and among SSLJ.com Limited (the “Company”), Boustead Securities,
LLC (“Underwriter”), and Signature Bank (the “Escrow Agent”), the Company and Underwriter hereby notify
the Escrow Agent that the Initial Termination Date has been extended to __________ __, 20__, the Final Termination Date.

 

Very truly yours,

 

SSLJ.com Limited

 

By:_____________

Name:__________

Title:____________

 

Boustead Securities, LLC

 

By:_____________

Name:___________

Title:____________

 

    12 

     

    

Exhibit B

 

OVER-SUBSCRIPTION EXTENSION NOTICE

 

Date:

 

Signature Bank

905 Third Avenue, 9th Floor

New York, New York 10022

Attention: John Gonzalez, Group Director
& Senior Vice President

 

Dear John:

 

In accordance with the terms of Section
2(c) of the Escrow Deposit Agreement, dated ___ _______, by and among SSLJ.com Limited (the “Company”), Boustead Securities,
LLC (“Underwriter”), and Signature Bank (the “Escrow Agent”), the Company and Underwriter hereby notify
the Escrow Agent that the Initial Termination Date, or Final Termination Date as applicable, has been extended to __________ __,
20__, the Over-Subscription Termination Date.

 

Very truly yours,

 

SSLJ.com Limited

 

By:_____________

Name:__________

Title:____________

 

Boustead Securities, LLC

 

By:_____________

Name:___________

Title:____________

 

    13 

     

    

Exhibit C

 

FORM OF ESCROW RELEASE NOTICE

 

Date:

 

Signature Bank

905 Third Avenue, 9th Floor

New York, New York 10022

Attention: John Gonzalez, Group
Director & Senior Vice President

Dear John:

 

In accordance with the terms of Section
2(d) of the Escrow Deposit Agreement, dated as of ________ __, 20__ (the "Escrow Agreement"), by and between SSLJ.com
Limited (the "Company"), Signature Bank (the "Escrow Agent") and Boustead Securities, LLC ("Underwriter"),
the Company and Underwriter hereby notify the Escrow Agent that the ________ closing will be held on ___________ for gross proceeds
of $_________.

 

 

PLEASE DISTRIBUTE FUNDS BY WIRE TRANSFER
AS FOLLOWS (wire instructions attached):

 

 

________________________:$

 

________________________:$

 

________________________:$

 

 

Very truly yours,

 

SSLJ.com Limited

 

By:_____________

Name:__________

Title:____________

 

Boustead Securities, LLC

 

By:_____________

Name:___________

Title:____________

 

    14Exhibit 10.16

 

Lock-Up Agreement

 

[DATE]

 

Boustead Securities, LLC.

6 Venture, Suite 325

Irvine, CA 92618

 

Ladies and Gentlemen:

 

This Lock-Up Agreement
(this “Agreement”) is being delivered to Boustead Securities LLC (the “Underwriter”) in connection
with the proposed Underwriting Agreement (the “Underwriting Agreement”) between SSLJ.com Limited, a Cayman Islands
company (the “Company”), and the Underwriter, relating to the proposed public offering (the “Offering”)
of Class A ordinary shares, par value $0.00125 per share (the “Ordinary Shares”), of the Company.

 

In order to induce
the Underwriter to continue its efforts in connection with the Offering, and in light of the benefits that the offering of the
Ordinary Shares will confer upon the undersigned in its capacity as a shareholder and/or an officer, director or employee of the
Company, and for good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the undersigned
agrees with the Underwriter that, during the period beginning on and including the date of this Agreement through and including
the date that is the 365th day after the commencement date of the trading of the Ordinary Shares (the “Lock-Up
Period”), the undersigned will not, without the prior written consent of Underwriter, directly or indirectly, (i) offer,
sell, assign, transfer, pledge, contract to sell, or otherwise dispose of, or announce the intention to otherwise dispose of, any
shares of Ordinary Shares now owned or hereafter acquired by the undersigned or with respect to which the undersigned has or hereafter
acquires the power of disposition (including, without limitation, Ordinary Shares which may be deemed to be beneficially owned
by the undersigned in accordance with the rules and regulations promulgated under the Securities Act of 1933, as amended, and as
the same may be amended or supplemented on or after the date hereof from time to time (the “Securities Act”)
(such shares, the “Beneficially Owned Shares”) or securities convertible into or exercisable or exchangeable
for Ordinary Shares, (ii) enter into any swap, hedge or similar agreement or arrangement that transfers in whole or in part, the
economic risk of ownership of the Beneficially Owned Shares or securities convertible into or exercisable or exchangeable for Ordinary
Shares, whether now owned or hereafter acquired by the undersigned or with respect to which the undersigned has or hereafter acquires
the power of disposition, or (iii) engage in any short selling of the Ordinary Shares.

 

If (i) during the last
17 days of the Lock-Up Period, the Company issues an earnings release or material news or a material event relating to the Company
occurs, or (ii) prior to the expiration of the Lock-Up Period, the Company announces that it will release earnings results or becomes
aware that material news or a material event will occur during the 16-day period beginning on the last day of the Lock-Up Period,
the restrictions imposed by this Agreement shall continue to apply until the expiration of the 18-day period beginning on the issuance
of the earnings release or the occurrence of such material news or material event, as applicable, unless the Underwriter waives,
in writing, such extension.

  

If the undersigned
is an officer or director of the Company, (i) Underwriter agrees that, at least three business days before the effective date of
any release or waiver of the foregoing restrictions in connection with a transfer of Ordinary Shares, Underwriter will notify the
Company of the impending release or waiver, and (ii) the Company has agreed in the Underwriting Agreement to announce the impending
release or waiver by press release through a major news service at least two business days before the effective date of the release
or waiver. Any release or waiver granted by Underwriter hereunder to any such officer or director shall only be effective two business
days after the publication date of such press release; provided, that such press release is not a condition to the release of the
aforementioned lock-up provisions due to the expiration of the Lock-Up Period. The provisions of this paragraph will also not apply
if (a) the release or waiver is effected solely to permit a transfer not for consideration and (b) the transferee has agreed in
writing to be bound by the same terms described in this Agreement to the extent and for the duration that such terms remain in
effect at the time of such transfer.

 

     

     

    

The restrictions set forth in the immediately preceding paragraph shall not apply to:

 

(1) if the undersigned
is a natural person, any transfers made by the undersigned (a) as a bona fide gift to any member of the immediate family (as
defined below) of the undersigned or to a trust the beneficiaries of which are exclusively the undersigned or members of the undersigned’s
immediate family, (b) by will or intestate succession upon the death of the undersigned, (c) as a bona fide gift to a
charity or educational institution, or (d) if the undersigned is or was an officer, director or employee of the Company, to the
Company pursuant to the Company’s right of repurchase upon termination of the undersigned’s service with the Company;

 

(2) if the undersigned
is a corporation, partnership, limited liability company or other business entity, any transfers to any shareholder, partner or
member of, or owner of a similar equity interest in, the undersigned, as the case may be, if, in any such case, such transfer is
not for value;

 

(3) if the undersigned
is a corporation, partnership, limited liability company or other business entity, any transfer made by the undersigned (a) in
connection with the sale or other bona fide transfer in a single transaction of all or substantially all of the undersigned’s
capital stock, partnership interests, membership interests or other similar equity interests, as the case may be, or all or substantially
all of the undersigned’s assets, in any such case not undertaken for the purpose of avoiding the restrictions imposed by
this Agreement or (b) to another corporation, partnership, limited liability company or other business entity so long as the transferee
is an affiliate (as defined below) of the undersigned and such transfer is not for value;

 

(4) the exercise by
the undersigned of any stock option(s) issued pursuant to the Company’s existing stock option plans, including any exercise
effected by the delivery of shares of Ordinary Shares of the Company held by the undersigned; provided, that, the Ordinary Shares
received upon such exercise shall remain subject to the restrictions provided for in this Agreement;

 

(5) the exercise by
the undersigned of any warrant(s) issued by the Company prior to the date of this Agreement, including any exercise effected by
the delivery of shares of Ordinary Shares of the Company held by the undersigned; provided, that, the Ordinary Shares received
upon such exercise shall remain subject to the restrictions provided for in this Agreement;

 

(6) the occurrence
after the date hereof of any of (a) an acquisition by an individual or legal entity or “group” (as described in Rule
13d-5(b)(1) promulgated under the Securities Exchange Act of 1934, as amended (the “Exchange Act”)) of effective
control (whether through legal or beneficial ownership of capital stock of the Company, by contract or otherwise) of 100% of the
voting securities of the Company, (b) the Company merges into or consolidates with any other entity, or any entity merges into
or consolidates with the Company, (c) the Company sells or transfers all or substantially all of its assets to another person,
or (d) provided, that, the Ordinary Shares received upon any of the events set forth in clauses (a) through (c) above shall remain
subject to the restrictions provided for in this Agreement;

   

(7) the Offering; and

 

     

     

    

 

(8) transfers consented
to, in writing by Underwriter; provided however, that in the case of any transfer described in clause (1), (2) or (3) above,
it shall be a condition to the transfer that the transferee executes and delivers to Underwriter, acting on behalf of the Underwriter,
not later than one business day prior to such transfer, a written agreement, in substantially the form of this Agreement (it being
understood that any references to “immediate family” in the agreement executed by such transferee shall expressly refer
only to the immediate family of the undersigned and not to the immediate family of the transferee) and otherwise satisfactory in
form and substance to Underwriter. In addition, the restrictions set forth herein shall not prevent the undersigned from entering
into a sales plan pursuant to Rule 10b5-1 under the Exchange Act after the date hereof, provided that (i) a
copy of such plan is provided to Underwriter promptly upon entering into the same and (ii) no sales or transfers may be made
under such plan until the Lock-Up Period ends or this Agreement is terminated in accordance with its terms. For purposes of this
paragraph, “immediate family” shall mean a spouse, child, grandchild or other lineal descendant (including by adoption),
father, mother, brother or sister of the undersigned; and “affiliate” shall have the meaning set forth in Rule 405
under the Securities Act.

 

The undersigned further
agrees that (i) it will not, during the Lock-Up Period, make any demand or request for or exercise any right with respect
to the registration under the Securities Act of any shares of Ordinary Shares or other Beneficially Owned Shares or any securities
convertible into or exercisable or exchangeable for Ordinary Shares or other Beneficially Owned Shares, and (ii) the Company
may, with respect to any Ordinary Shares or other Beneficially Owned Shares or any securities convertible into or exercisable or
exchangeable for Ordinary Shares or other Beneficially Owned Shares owned or held (of record or beneficially) by the undersigned,
cause the transfer agent or other registrar to enter stop transfer instructions and implement stop transfer procedures with respect
to such securities during the Lock-Up Period.

 

The undersigned hereby
represents and warrants that the undersigned has full power and authority to enter into this Agreement and that this Agreement
has been duly authorized (if the undersigned is not a natural person), executed and delivered by the undersigned and is a valid
and binding agreement of the undersigned. This Agreement and all authority herein conferred are irrevocable and shall survive the
death or incapacity of the undersigned (if a natural person) and shall be binding upon the heirs, personal representatives, successors
and assigns of the undersigned.

   

This Agreement shall
automatically terminate upon the earliest to occur, if any, of (1) either the Underwriter, on the one hand, or the Company, on
the other hand, advising the other in writing, they have determined not to proceed with the Offering, (2) termination of the Underwriting
Agreement before the sale of any shares of Ordinary Shares, (3) the withdrawal of the Registration Statement, or (4) the Offering
has not closed by the termination date of the Offering or such other date as may be agreed as the final date of the Offering if
the Company and the Underwriter extend the Offering.

 

This Agreement shall
be governed by and construed in accordance with the laws of the State of New York, without regard to the conflict of laws principles
thereof.

 

 

	 	Very truly yours,
	 	 	 
	 	 
	 	(Name - Please Print)
	 	 	 
	 	 
	 	(Signature)
	 	 	 
	 	 
	 	(Name of Signatory, in the case of entities - Please Print)
	 	 	 
	 	 
	 	(Title of Signatory, in the case of entities - Please Print)
	 	 	 
	 	 	 
	 	Address:	 
	 	 	 
	 	 	 
	 	# of Class A Ordinary Shares Held by Signatory:

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