Document:

Exhibit

Exhibit 10.O

October 29, 2018

Michael Ueland
216 Bridle Creek Drive
Cary, North Carolina 27513

Dear Mike,
On behalf of Digi International Inc., I am pleased to promote you to President, IoT Products & Services, reporting to Ron Konezny, President  & CEO.  (Please see Contingent Offer section below.)  Your employment remains “at will” and can be terminated by the Company at any time.
Compensation
Your annualized total compensation target for this position is $510,000. The annualized base salary is $300,000 with an annualized incentive target of $210,000.  You will continue to participate in Digi International’s Executive Incentive Plan.  
Benefits
With this promotion, you will be eligible to participate in Digi’s $500,000 Executive Life Insurance program.  If accepted by the carrier, Digi International will pay the full annual premium.  This is in addition to the basic optional life insurance programs offered to all employees.  You otherwise will continue to participate in Digi’s other benefits programs generally made available to all Digi employees.
Equity Award
We will recommend to the Board of Directors a grant of 40,000 stock options.  The options will have a per share exercise price equal to the closing sale price of a share of common stock on the Grant Date.  Options will vest over four years at a rate of 25% upon completion of one year, then proportionate monthly vesting thereafter.  The stock option agreement will contain a change in control provision that provides for accelerated vesting if within one year following a change in control, your employment is terminated either by the Company without cause or by you for good reason per the descriptions of such termination events in the current Digi International omnibus equity compensation plan and applicable equity grant documents.   The Grant Date will be the first day that the Digi International trading window reopens in October.  
In addition, we will recommend to the Board of Directors a Restricted Stock award of 20,000 shares.  This award will vest 25% annually on the anniversary of the Grant Date.  Restricted Stock Award Agreement will contain the same change in control provision.  
Severance Agreement
The terms of your existing Severance Agreement with Digi International dated September 23, 2016 shall remain in full force and effect.  
Contingent Promotion
This promotion is contingent upon the following:
		
	1.
	Approval of the offer by the Compensation Committee of the Board of Directors and your election as an Officer by the Board of Directors.

		
	2.
	Your completion of a Directors and Officers questionnaire and review and approval of the same by Digi’s in-house legal counsel to confirm you have no conflicts of interest, related party transactions or other issues that require analysis and review.

Commencement Date and Offer Acceptance
This promotion will be effective November 1, 2018.   Please indicateyour acceptance of this offer by signing and returning one of the enclosed copies.
Sincerely,

Digi International Inc.

/s/ Mary Maruska                
Mary Maruska
Director, Human Resources

Offer accepted:

/s/ Michael Ueland                           November 1, 2018                                    
Michael Ueland                              Start DateExhibit 10.1

 

INSTRUMENT
OF TRANSFER

 

 

 

PUYI
INC.

(Incorporated
in the Cayman Islands with limited liability)

 

 

 

	I/We,	Worldwide Success Group Limited

	of	OMC Chambers, Wickhams Cay 1, Road Town, Tortola, British
Virgin Islands

	in consideration of the sum of	Nil

	paid to me/us by (name)	Advance Tycoon Limited 

	(occupation)	 

	of (address)	Vistra Corporate
    Services Centre, Wickhams Cay II, Road Town, Tortola, VG1110, British Virgin Islands

	(hereinafter “the said
    Transferee”) do hereby transfer to the
    said Transferee the	- 12,832,000 -

	share(s) numbered	

standing
in my/our name in the register of: -

 

PUYI
INC.

 

to
hold unto the said Transferee his Executors, Administrators or Assigns, subject to the several conditions upon which I/we
hold the same at the time of execution hereof. And I/we, the said Transferee do hereby agree to take the said
share(s) subject to the same conditions.

 

	Witness
our hands the 31st
    day of August 2018.	

  

For
and on behalf of

WORLDWIDE
SUCCESS GROUP LIMITED

 

	By:	/s/ Haifeng Yu	 

  

For
and on behalf of

ADVANCE
TYCOON LIMITED

  

	By:	/s/ Jinxia WangExhibit
10.2

 

INSTRUMENT
OF TRANSFER

 

 

 

PUYI
INC.

(Incorporated
in the Cayman Islands with limited liability)

 

 

 

	I/We,	Worldwide Success Group Limited

	of	OMC Chambers, Wickhams Cay 1, Road Town, Tortola, British
Virgin Islands

	in consideration of the sum of	Nil

	paid to me/us by (name).	Danica Surge Limited

	(occupation)	 

	of (address)	Vistra Corporate
    Services Centre, Wickhams Cay II, Road Town, Tortola, VG1110, British Virgin Islands

	(hereinafter “the said
    Transferee”) do hereby transfer to the
    said Transferee the	- 13,600,000 -

	share(s) numbered	

standing
in my/our name in the register of: -

 

PUYI
INC.

 

to
hold unto the said Transferee his Executors, Administrators or Assigns, subject to the several conditions upon which I/we
hold the same at the time of execution hereof. And I/we, the said Transferee do hereby agree to take the said
share(s) subject to the same conditions. 

 

	Witness
    our hands the 31st day of August 2018.	

  

For
and on behalf of

WORLDWIDE
SUCCESS GROUP LIMITED

 

	By:	/s/
    Haifeng Yu	 

  

For
and on behalf of

DANICA
SURGE LIMITED 

   

	By:	/s/
    Zhuojun FengExhibit
10.3

 

INSTRUMENT
OF TRANSFER

 

 

 

PUYI
INC.

(Incorporated
in the Cayman Islands with limited liability)

 

 

 

	I/We,	Worldwide Success Group Limited

	of	OMC Chambers, Wickhams Cay 1, Road Town, Tortola, British
Virgin Islands

	in consideration of the sum of	Nil

	paid to me/us by (name)	Winter Dazzle Limited

	(occupation)	 

	of (address)	Vistra Corporate
    Services Centre Wickhams Cay II, Road Town Tortola, VG1110, British Virgin Islands

	(hereinafter “the said
    Transferee”) do hereby transfer to the
    said Transferee the	- 14,400,000 -

	share(s) numbered	

standing
in my/our name in the register of: -

 

PUYI
INC.

 

to hold unto the said Transferee
his Executors, Administrators or Assigns, subject to the several conditions upon which I/we hold the same at
the time of execution hereof. And I/we, the said Transferee do hereby agree to take the said share(s) subject
to the same conditions.

 

	Witness
    our hands the 31st day of August 2018.	

  

For
and on behalf of

WORLDWIDE
SUCCESS GROUP LIMITED

 

	By:	/s/
    Haifeng Yu	 

  

For
and on behalf of

WINTER
DAZZLE LIMITED 

   

	By:	/s/
    Longchang LiaoExhibit 10.4

 

Share
Transfer Agreement

of

Chongqing
Fengyi Enterprise Management Consulting Co., Ltd.

 

The
ShareTransfer Agreement is entered into by and among Party A and Party B through the friendly negotiation based on the principle
of equality, mutual benefit and good faith in accordance with the laws and regulations of the Company Law of the People’s
Republic of China and Articles of Association of Chongqing Fengyi Enterprise Management Consulting Co., Ltd. (hereinafter
referred to as the Company) for the mutual complaince of the Parties.

 

Party
A (Transferor): Yu Haifeng

Add.:
No.3, Yishanyi Street, Luogang District, Guangzhou City

 

Party
B (Transferee): Chengdu Puyi Bohui Information Technology Co., Ltd.

Add.:
1F, Building 10, No. 16, South 4th Section, Second Ring Road, Xiaojiahe, Chengdu High-tech Zone

 

Article
I Share transfer

 

1.
Party A shall transfer its equity held in the amount of RMB 300,000 in the Company to Party B;

 

2.
Party B agrees to accept the above share transferred;

 

3.
The transfer price mutually determined is RMB 0,000;

 

4.
Party A warrants that the share transferred to Party B is free from the third party’s right of claim and unencumbered with
any pledge, and has no any dispute or litigation involved.

 

5.
Upon the completion of the share transfer, the shareholder’s corresponding rights and obligations will be enjoyed and assumed
by Party B instead of Party A.

 

6.
Party A shall provide the necessary cooperation and coordination for relevant legal procedures, such as approval and change registration,
handled by the Company and Party B.

 

Article
II Liabilities for breach

 

1.
After the formal signing of the Agreement, either party’s failure to perform or completely perform the terms and conditions
of the Agreement will constitute a breach of the Agreement. The breaching party shall be responsible for compensating the loss
caused by such breach to the non-breaching party.

 

2.
In case of either party’s breach, the non-breaching party is entitled to request the breaching party to continue performing
the Agreement.

 

     

     

    

 

Article
III Applicable law and dispute settlement

 

1.
The Agreement is governed by the laws of the People’s Republic of China.

 

2.
All disputes arising out of the performance of the Agreement or in connection to the Agreement shall be settled through the friendly
negotiation; if such negotiation fails, it shall be settled through the litigation.

 

Article
IV Effectiveness of the Agreement and others

 

1.
This Agreement shall be effective after the Parties sign or chop on it.

 

2.
The effective date of the Agreement is the date of the share transfer. The Company shall change the Register of Shareholders,
renew the Capital Contribution Certificate, and apply to the registration authority for registration or filing of the relevant
change.

 

3.
The Agreement is made in quadruplicate, with Party A and Party B respectively holding one, the Company holding one and the relevant
change registration or filing organization holding one for such registration or filing.

 

Party A: Yu Haifeng

By: /s/ Yu Haifeng

 

Party B: Chengdu Puyi Bohui Information Technology
Co., Ltd.

/s/ Seal of Chengdu Puyi Bohui Information
Technology Co., Ltd.

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