Document:

Exhibit 10.24

 

SERVICE CONSULTATION CONTRACT

 

 

Party A: Shanghai Da Er Wei Trading Company Limited

 

Party B: Shanghai Shangyang Investment Management Consultation
Company Limited

 

This SERVICE CONSULTATION AGREEMENT is an
English translation to the “企业管理咨询合同,”
and is for reference purposes only.

 

In accordance to the Contract Law of the
People’s Republic of China, “中华人民共和国合同法,”
both parties entered into this Contract in its own accordance and in good faith.

 

		I.	Services

Party A engages Party B to provide consulting services
for Party A.

		II.	Service Period: December 1st, 2016 to February 28th, 2017

		III.	Party B shall provide the following consultation services for Party A:

		a.	Provide internal control procedure;

		b.	Provide financial control procedures;

		c.	Provide financial analysis report;

		d.	Provide investment advisory services;

		e.	Draft HR management procedures

		f.	Draft company management internal control procedures.

		IV.	Service Fee:

		a.	15,800,000 RMB

		b.	Party A must, within 30 days of the execution of this Contract, pay 6,800,000 RMB. The second installment in the amount of
6,000,000 RMB shall be paid on or before January 31st, 2017. The third installment, in the amount of 3,000,000 RMB,
shall be paid on or before February 28th, 2017.

		V.	Default

Any party that defaults on this Contract shall be
responsible for

		VI.	Jurisdiction

This Contract shall fall under the jurisdiction of
the People’s Republic of China. Each party will try to resolve any disagreements by themselves in good faith. If no resolution
can be achieved, then the court of law shall be in the People’s Republic of China.

		VII.	Execution

This Contract has two executed copies and each copy
is deemed enforceable by law. This Contract is effective when both Parties stamps their company chops.

 

Party A: Shanghai Da Er Wei Trading Company Limited

<COMPANY CHOP>

Date: December 1st, 2016

 

Party B: Shanghai Shangyang Investment Consultation Company
Limited

<Company Chop>

Date: December 1st, 2016Exhibit 10.1

 

SHARE EXCHANGE AGREEMENT

 

This Share Exchange
Agreement (“Agreement”) between The OLB Group, Inc., a Delaware corporation (“OLB”), and the persons listed
in Exhibit A hereof (collectively the “Shareholders”), being the owners of record of all of the
issued and outstanding stock of Crowdpay.US, Inc., a New York corporation (“CROWDPAY”), is entered into as of May 9,
2018.

 

RECITALS

 

A.       CROWDPAY
is a New York corporation.

 

B.       The
Shareholders own 100 shares of the issued and outstanding shares of common stock of CROWDPAY (the “CROWDPAY Stock”).

 

C.       The
Shareholders have agreed to sell to OLB, and OLB has agreed to purchase, the CROWDPAY Stock from the Shareholders in exchange for
shares of common stock of OLB, pursuant to the terms and conditions set forth in this Agreement.

 

D.       CROWDPAY
will become a wholly owned subsidiary of OLB.

 

NOW THEREFORE, in consideration
of the mutual representations, warranties, covenants and agreements contained in this Agreement, the parties agree as follows:

 

		1.	Exchange of Stock.

 

		(a)	Each Shareholder, severally and not jointly, agrees to transfer to OLB, and OLB agrees to purchase
from such Shareholder, all of the Shareholder’s right, title and interest in the number of shares of CROWDPAY Stock held
by such Shareholder and set forth on Schedule A, free and clear of all mortgages, liens, pledges, security interests, restrictions,
encumbrances, or adverse claims of any nature imposed by such Shareholder.

 

		(b)	Upon surrender by the Shareholders (the “Surrender Date”) of the certificates evidencing
the CROWDPAY Stock duly endorsed for transfer to OLB or accompanied by stock powers executed in blank by the Shareholders, OLB
will cause Eighty-Seven Million Five Hundred Thousand (87,500,000) shares (subject to adjustment
for fractionalized shares as set forth below) of the common voting stock, par value $0.0001 of OLB (the “OLB Stock”)
to be issued to the Shareholders, in full satisfaction of any right or interest which each Shareholder held in the CROWDPAY Stock.
The OLB Stock will be issued to the Shareholders on a pro rata basis, in the same proportion as the percentage of their ownership
interest in the CROWDPAY Stock, as set forth on Exhibit A. Any fractional shares that will result due to such
pro rata distribution will be rounded down to the next lowest whole number.

 

     

     

    

 

		2.	Closing.

 

		(a)	The parties to this Agreement will hold a digital closing (the “Closing”) for the purpose
of executing and exchanging all of the documents contemplated by this Agreement and otherwise effecting the transactions contemplated
by this Agreement. The Closing will be held on or after May 9, 2018, unless another place or time is mutually agreed upon in writing
by the parties. All proceedings to be taken and all documents to be executed and exchanged at the Closing will be deemed to have
been taken, delivered and executed simultaneously, and no proceeding will be deemed taken nor document deemed executed or delivered
until all have been taken, delivered and executed. If agreed to by the parties, the Closing may take place through the exchange
of documents by fax, electronic delivery and/or express courier.

 

		(b)	With the exception of any stock certificates which must be in their original form, any copy, fax,
e-mail or other reliable reproduction of the writing or transmission required by this Agreement or any signature required thereon
may be used in lieu of an original writing or transmission or signature for any and all purposes for which the original could be
used, provided that such copy, fax, e-mail or other reproduction is a complete reproduction of the entire original writing or transmission
or original signature, and the originals are promptly delivered thereafter.

 

	3.	Representations and Warranties of OLB.

 

OLB represents and
warrants as follows:

 

		(a)	OLB is a corporation duly organized, validly existing, and in good standing under the laws of the
State of Delaware and is licensed or qualified as a foreign corporation in all states in which the nature of its business or the
character or ownership of its properties makes such licensing or qualification necessary.

 

		(b)	Execution of this Agreement and performance by OLB hereunder has been duly authorized by all requisite
corporate action on the part of OLB, and this Agreement constitutes a valid and binding obligation of OLB, and is enforceable against
OLB, in accordance with its terms, except as such enforceability may be limited by (i) bankruptcy, insolvency, reorganization,
moratorium or similar laws of general applicability affecting the enforcement of creditors’ rights and (ii) the application
of general principles of equity (regardless of whether such enforceability is considered in a proceeding in equity or at law).
OLB’s execution and delivery of this Agreement and its performance hereunder will not violate any provision of any charter,
bylaw, indenture, mortgage, lease, or agreement, or any order, judgment, decree, law or regulation, to which any property of OLB
is subject or by which OLB is bound.

 

    	 	2	 

     

    

 

		(c)	OLB has full corporate power and authority to enter into this Agreement and to carry out its obligations
hereunder.

 

		(d)	OLB has had the opportunity to perform all due diligence investigations of CROWDPAY and its business
and operations as it has deemed necessary or appropriate and to ask questions of the officers and directors of CROWDPAY and has
received satisfactory answers to all of its questions. OLB has had access to all documents and information about CROWDPAY and has
reviewed sufficient information to allow it to evaluate the merits and risks of the transactions contemplated by this Agreement.

 

		(e)	OLB is acquiring the CROWDPAY shares to be transferred to it under this Agreement for investment
and not with a view to the sale or distribution thereof.

 

		(f)	The OLB Stock to be issued to each Shareholder at Closing will be duly authorized and validly issued,
fully paid and non-assessable, and issued in full compliance with all federal, state, and local laws, rules and regulations.

 

		(g)	There is no litigation or proceeding pending, or to OLB’s knowledge, threatened, against
or relating to the OLB Stock or that may materially adversely affect the ability of OLB to consummate the transactions contemplated
hereby.

 

		(h)	The issuance of the OLB Stock pursuant hereto does not require the consent of any third-party or
governmental authority.

 

	4.	Representations and Warranties of the Shareholders.

 

Each Shareholder, severally
and not jointly, represents and warrants as follows:

 

		(a)	Such Shareholder is not a party to any agreements purporting to restrict the transfer of the CROWDPAY
Stock, nor any voting agreements, voting trusts or other arrangements restricting or affecting the voting of the CROWDPAY Stock.

 

		(b)	The Shareholders have full right, power and authority to sell, transfer and deliver the CROWDPAY
Stock, and upon delivery of the certificates therefor together with stock powers as contemplated in this Agreement, the Shareholders
will transfer to OLB valid and marketable title to the CROWDPAY Stock, including all voting and other rights to the CROWDPAY Stock,
free and clear of all pledges, liens, security interests, adverse claims, options, rights of any third party, or other encumbrances.
Each of the Shareholders owns and holds that the number or percentage of CROWDPAY Stock, which are listed opposite their names
on Exhibit A attached hereto.

 

    	 	3	 

     

    

 

		(c)	There is no litigation or proceeding pending, or to such Shareholder’s knowledge, threatened, against
such Shareholder relating to such Shareholder’s ownership of CROWDPAY Stock or that may materially adversely affect the ability
of such Shareholder to consummate the transactions contemplated hereby.

  

		(d)	The current residence address or principal place of business (for any non-individual shareholder)
of such CROWDPAY Shareholder is as listed on Exhibit A attached hereto.

 

		(f)	Such CROWDPAY Shareholder has had the opportunity to perform all due diligence investigations of
OLB and its business as they have deemed necessary or appropriate and to ask questions of OLB’s officers and directors and have
received satisfactory answers to all of their questions. Such Shareholder has had access to all documents and information about
OLB and has reviewed sufficient information to allow such Shareholder to evaluate the merits and risks of the acquisition of the
OLB Stock.

 

		(g)	Such Shareholder is acquiring the OLB Stock for his, her or its own account (and not for the account
of others) for investment and not with a view to the distribution therefor. Such Shareholder will not sell or otherwise dispose
of the OLB Stock without registration under the Securities Act of 1933, as amended, or an exemption therefrom, and the certificate
or certificates representing the OLB Stock will contain a legend to the foregoing effect.

 

		(h)	Each Shareholder represents to OLB that he, she or it is an accredited investor as defined in Rule
501(a) of Regulation D promulgated under the Securities Act of 1933, as amended.

 

	5.	Conditions to Obligations of Shareholders.

 

Each Shareholder’s
obligation to complete the transactions contemplated herein is subject to fulfillment on or before the Closing of each of the following
conditions, unless waived in writing by such Shareholder as appropriate:

 

		(a)	The representations and warranties of OLB set forth herein will be true and correct at the Closing
as though made at and as of that date, except as affected by transactions contemplated hereby.

 

		(b)	OLB will have performed all covenants required by this Agreement to be performed by it on or before
the Closing.

 

		(c)	This Agreement will have been approved by the Board of Directors of OLB.

 

    	 	4	 

     

    

 

		(d)	There will have occurred no material adverse change in the business, operations or prospects of
OLB.

 

		(e)	Each other Shareholder shall have entered into a counterpart to this Agreement and shall have sold his, her or its CROWDPAY
Stock to OLB.

 

	6.	Conditions to Obligations of OLB.

 

OLB’s obligation to
complete the transaction contemplated herein will be subject to fulfillment on or before the Closing of each of the following conditions,
unless waived in writing by OLB, as appropriate:

 

		(a)	The representations and warranties of the Shareholders set forth herein will be true and correct
at the Closing as though made at and as of that date, except as affected by transactions contemplated hereby.

 

		(b)	The Shareholders will have performed all covenants required by this Agreement to be performed by
them on or before the Closing.

 

		(c)	There will have occurred no material adverse change in the business, operations or prospects of
CROWDPAY.

 

	7.	Additional Covenants.

 

		(a)	The parties agree that they will not make, and each Shareholder will not permit CROWDPAY to make,
any public announcements relating to this Agreement or the transactions contemplated herein without the prior written consent of
the other party, except as may be required upon the written advice of counsel to comply with applicable laws or regulatory requirements
after consulting with the other party hereto and seeking their consent to such announcement.

 

		(b)	OLB and the Shareholders will cooperate with each other in the preparation of a Form 8-K to be
filed with the SEC describing the transaction contemplated by this Agreement and such other items as are required by the SEC rules
and regulations.

 

		(c)	The Parties intend that the transactions contemplated by this Agreement qualify as a tax-free exchange
under Section 351 of the United States Internal Revenue Code.  The Parties will take the position for all purposes that the
said transactions qualify under said Section 351.  

 

	8.	Termination.

 

This Agreement may
be terminated by mutual consent in writing.

 

    	 	5	 

     

    

 

	9.	Expenses.

 

Whether or not the
Closing is consummated, each of the parties will pay all of his, her, or its own legal and accounting fees and other expenses incurred
in the preparation of this Agreement and the performance of the terms and provisions of this Agreement.

 

		10.	Survival of Representations and Warranties.

 

The representations
and warranties of the Shareholders and OLB set out in this Agreement will survive Closing for a period of twelve months.

 

	11.	Waiver.

 

Any failure on the
part of either party hereto to comply with any of its obligations, agreements, or conditions hereunder may be waived in writing
by the party to whom

such compliance is owed.

 

	12.	Brokers.

 

Each party agrees to
indemnify and hold harmless the other party against any fee, loss, or expense arising out of claims by brokers or finders employed
or alleged to have been employed by the indemnifying party.

 

	13.	Notices.

 

All notices and other
communications under this Agreement must be in writing and will be deemed to have been given only if delivered in person or by
internationally recognized commercial courier service such as UPS or Federal Express, as follows:

 

If to OLB, to:

 

The OLB Group, Inc.

200 Park Avenue

Suite 1700

New York, NY 10166

 

If to the Shareholders, to:

the addresses set forth on Exhibit
A hereto.

 

    	 	6	 

     

    

 

	14.	General Provisions.

 

		(a)	This Agreement will be governed by and under the laws of the State of New York, without giving
effect to conflicts of law principles. If any provision hereof is found to be invalid or unenforceable, that part will be amended
to achieve, as nearly as possible, the same effect as the original provision and the remainder of this Agreement will remain in
full force and effect.

 

		(b)	The parties agree that any dispute arising under or with respect to or in connection with this
Agreement, whether during the term of this Agreement or at any subsequent time, shall be resolved fully and exclusively by binding
arbitration in accordance with the commercial rules then in force of the American Arbitration Association with the proceedings
taking place in New York, New York before a panel of three (3) arbitrators, each with at least 10 years experience in the securities
industry. The arbitrators shall not alter the terms of this Agreement or any related agreement.

 

		(c)	This Agreement constitutes the entire agreement and final understanding of the parties with respect
to the subject matter hereof and supersedes and terminates all prior and/or contemporaneous understandings and/or discussions between
the parties, whether written or verbal, express or implied, relating in any way to the subject matter hereof. This agreement may
not be altered, amended, modified or otherwise changed in any way except by a written agreement, signed by both parties.

 

		(d)	This Agreement will inure to the benefit of, and be binding upon, the parties hereto and their
successors and assigns; provided, however, that any assignment by either party of its rights under this Agreement without the written
consent of the other party will be void.

 

		(e)	The parties agree to take any further actions and to execute any further documents which may from
time to time be necessary or appropriate to carry out the purposes of this Agreement.

 

		(f)	The headings of the Sections, paragraphs and subparagraphs of this Agreement are solely for convenience
of reference and will not limit or otherwise affect the meaning of any of the terms or provisions of this Agreement. The references
in this Agreement to Sections, unless otherwise indicated, are references to sections of this Agreement.

 

		(g)	This Agreement may be executed in counterparts, each one of which will constitute an original and
all of which taken together will constitute one document. This Agreement may be executed by delivery of a signed signature page
by fax to the other parties hereto and such fax execution and delivery will be valid in all respects.

 

SIGNATURE PAGE FOLLOWS

 

    	 	7	 

     

    

 

EXECUTED:

 

	THE OLB GROUP, INC.	 
	 	 	 
	By:	/s/ Ronny Yakov	 
	 	Ronny Yakov, President	 

 

THE SHAREHOLDERS OF CROWDPAY.US, INC.:

 

	/s/ Ronny Yakov	 
	Ronny Yakov	 
	 	 
	/s/ John Herzog	 
	John Herzog	 

 

    	 	8	 

     

    

 

EXHIBIT A

 

	Shareholder	 	CROWDPAY Shares Held	 	OLB Shares to be Issued
	 	 	 	 	 
	Ronny Yakov	 	78	 	68,250,000
	c/o The OLB Group, Inc.	 	 	 	 
	200 Park Avenue, Suite 1700
 New York, NY 10166	 	 	 	 
	 	 	 	 	 
	John Herzog	 	22	 	19,250,000
	824 Harbor Road 
Southport, CT 06890

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00283-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00283-of-00352.parquet"}]]