Document:

Exhibit 10.1

 

Business Operation Agreement

 

This Business Operation Agreement (this
“Agreement”) is entered into in the People’s Republic of China (the “PRC”) on January 5, 2022, by and among
the following Parties:

 

Party A: Mofy Metaverse (Beijing) Technology
Co., Ltd.

 

Address: 307, Floor 3, Building 17,
Courtyard 1, Balizhuang Bridge Nanli, Chaoyang District, Beijing

 

Party B: Global Mofy (Beijing) Technology
Co., Ltd.

 

Address:  Building A12, Xidian memory
cultural and creative Town, Gaobeidian Township, Chaoyang District, Beijing

 

(In this Agreement, the above parties
are hereinafter referred to individually as a “Party” and collectively as the “Parties.”)

 

WHEREAS:

 

(1) Party A is a wholly foreign-owned
enterprise incorporated and validly existing in accordance with laws of the PRC;

 

(2) Party B is a company with exclusively
domestic capital registered in China;

 

(3) Party A and Party B have established
a business relationship by entering into a certain Exclusive Technical Consultation and Service Agreement, pursuant to which Party B will
make various payments to Party A, and therefore Party B’s activities in its ordinary course of business will have a material effect
upon its ability to make such payments to Party A; and

 

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NOW, THEREFORE, the Parties, through
amicable negotiations and based on the principle of equality and mutual benefit, hereby agree as follows:

 

Article 1 Negative Obligations

 

In order to guarantee the performance
of Party B in relation to this Agreement and all of Party B’s in relation to its obligations towards Party A, Party B and the Shareholders
hereby acknowledge, agree and jointly and severally warrant that without the prior written consent of Party A or any party designated
by Party A, Party B shall not engage in any transaction which may have a material or adverse effect on any of its assets, businesses,
employees, obligations, rights or operations (except for those occurring in the due course of business or in day-to-day business operations,
or those already disclosed to Party A and with the explicit prior written consent of Party A), including without limitation:

 

1.1 Conduct any activity beyond the
normal business scope of Party B or operate the Party B in a manner inconsistent with its past practice;

 

1.2 Make any borrowing or undertake
any indebtedness from any third party;

 

1.3 Change or remove any of its directors
or senior officers;

 

1.4 Sell, assign, mortgage or otherwise
dispose of any assets or rights, including without limitation any intellectual property rights, with any third party;

 

1.5 Create or cause the creation of
any guarantee, mortgage, pledge, lien or any other security on any of its assets, including intellectual property, in favor of any third
party, or create any encumbrance on any such assets;

 

1.6 Change its articles of association
or its scope of business;

 

1.7 Change its ordinary course of business
or materially alter any of its major internal rules and bylaws;

 

1.8 Transfer any of its rights or obligations
under this Agreement to any third party;

 

1.9 Make or cause any material change
to its business pattern, marketing strategy, business plan or customer relationships; and

 

1.10 Make or cause a distribution of
any bonus or dividend to shareholders of Party B.

 

Article 2 Business Management and Human
Resources Arrangement

 

2.1 Party B and the Shareholders hereby
jointly agree to accept and strictly implement any proposal made by Party A from time to time regarding the employment and removal of
Party B’s employees, its day-to-day business management and the financial management system of Party B.

 

2.2 Party B and the Shareholders hereby
jointly agree that the Shareholders will elect or appoint, as applicable, any person designated by Party A as Party B’s director,
chairman, president, chief financial officer and any other executive officers in accordance with relevant laws, regulations and Party
B’s articles of association.

 

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2.3 Upon termination of his or her employment
with Party A, either voluntarily or by Party A, each of the directors or senior officers elected or appointed under Section 2.2 will
be simultaneously disqualified to hold any position in Party B; under such circumstance, the Shareholders shall elect any other person
designated by Party A for such position.

 

2.4 For purpose of Section 2.3,
the Shareholders will take any actions required under relevant laws and regulations, articles of association and this Agreement to effect
the employment and termination provided under Sections 2.2 and 2.3.

 

Article 3 Other Agreements

 

3.1 Upon termination or expiration of
any agreement between Party A and Party B, Party A may elect to terminate all of its agreements with Party B, including without limitation
the Exclusive Technical Consultation and Service Agreement.

 

3.2 Considering the business relationship
established between Party A and Party B based on the executed Exclusive Technical Consultation and Service Agreement, Party B’s
activities in its ordinary course of business will have a material effect upon its ability to make relevant payments to Party A. Each
of the Shareholders agrees that any bonus, dividend or any other benefit or interest receivable by it as the shareholder of Party B will
be unconditionally and automatically paid or transferred to Party A.

 

Article 4 Confidentiality Obligations

 

4.1 Regardless of whether this Agreement
is terminated or not, each Party shall keep strictly confidential all business secrets, proprietary information, customer information
and all other information of a confidential nature concerning the other Parties known by it during the execution and performance of this
Agreement (collectively, the “Confidential Information”). Unless a prior written consent is obtained from the Party disclosing
the Confidential Information (the “Disclosing Party”) or unless it is required to be disclosed to third parties in accordance
with relevant laws, rules and regulations (including those of the United States Securities and Exchange Commission) or the requirements
of the place where any affiliate is listed on a stock exchange, the Party receiving the Confidential Information (the “Receiving
Party”) shall not disclose to any third party any Confidential Information. The Receiving Party shall not use any Confidential Information
other than for the purpose of performing this Agreement.

 

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4.2 The following information shall
not be deemed part of the Confidential Information:

 

(a) any information that has been lawfully
acquired by the Receiving Party prior to entering into the Agreement as evidenced by other written documents;

 

(b) any information entering the public
domain not attributable to the fault of the Party receiving the information; or

 

(c) any information lawfully acquired by the Party
receiving the information through other sources after its receipt of such information.

 

4.3 If requested by either Party, the
other Party shall return, destroy, or otherwise dispose of all documents, materials and software that contains or may contain any Confidential
Information as requested, and promptly stop using such Confidential Information.

 

4.4 For purposes of performing this
Agreement, the Receiving Party may disclose the Confidential Information to its relevant employees, agents or professionals retained by
it. However, the Receiving Party shall ensure that the aforesaid persons shall comply with all relevant terms and conditions of this Article.
In addition, the Receiving Party shall be responsible for any liability incurred as a result of such persons’ breach of the relevant
terms and conditions of this Article 4.

 

4.5 The Parties’ obligations under
this Article shall survive the termination of this Agreement. Each Party shall still comply with the confidentiality terms of this
Agreement and fulfill the confidentiality obligations as promised, until the other Parties give consent to the release of such obligations
or as a matter of fact, violation of the confidentiality terms herein will not cause damage of any form to the other Parties.

 

Article 5 Effectiveness, Termination
and Term of this Agreement

 

5.1 Any written consent, proposal, appointment
and any other decision made in connection with this Agreement which may have a material effect on Party B’s day-to-day business
operations shall be made by Party A’s board of directors.

 

5.2 This Agreement shall become effective
upon execution by each of the Parties on the date first written above and shall remain valid until it is terminated by written agreement
of the Parties.

 

5.3 During the term of this Agreement,
none of Party B or the Shareholders may terminate this Agreement. Party A shall have the sole right to terminate this Agreement at any
time, provided that Party A gives prior written notice of thirty (30) days to Party B and the Shareholders. The parties may terminate
this Agreement as they unanimously agree through negotiation.

 

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Article 6 Liability for Breach
of Contract

 

6.1 Either Party’s direct or indirect
violation of any provisions herein, or failure in assuming or untimely or insufficient assumption of, any of its obligations hereunder
shall constitute a breach of contract. The non-defaulting Party (the “Non-Defaulting Party”) is entitled to send to the defaulting
Party (the “Defaulting Party”) a written notice, requesting the Defaulting Party to rectify its breach, take sufficient, effective
and timely measures to eliminate the effects of breach, and compensate the Non-Defaulting Party for any losses incurred by the breach.

 

6.2 After the occurrence of breach,
and in the event that such a breach has made it impossible or unfair for the Non-Defaulting Party to perform its corresponding obligations
hereunder based on the Non-Defaulting Party’s reasonable and objective judgments, the Non-Defaulting Party is entitled to send to
the Defaulting Party a written notice of its temporary suspension of performance of corresponding obligations hereunder, until the Defaulting
Party stops the breach, takes sufficient, effective and timely measures to eliminate the effects of breach, and compensate the Non- Defaulting
Party for any losses incurred by the breach.

 

6.3 The losses of the Non-Defaulting
Party that should be compensated by the Defaulting Party include direct economic losses and any foreseeable indirect losses and extra
expenses incurred by the breach, including without limitation, attorney’s fees, litigation and arbitration fees, financial expenses
and travel charges.

 

Article 7 Force Majeure

 

7.1 Force Majeure shall mean events
beyond the reasonable control of the Parties that are unforeseeable or foreseeable but unavoidable, which cause obstruction in, impact
on or delay in either Party’s performance of part or all of its obligations in accordance with this Agreement, including without
limitation, government acts, natural disasters, wars, hacker attacks or any other similar events.

 

7.2. The Party affected by Force Majeure
may suspend the performance of relevant obligations hereunder that cannot be performed due to Force Majeure until the effects of Force
Majeure are eliminated, without having to assume any liability for breach of contract, provided however that such Party shall endeavor
to overcome such events and reduce the negative effects to the best of its abilities.

 

7.3 The Party affected by Force Majeure
shall provide the other Party with valid certificate documents verifying the occurrence of Force Majeure events, which documents shall
be issued by the notary office where the events occur (or other appropriate agencies). In case the Party affected by Force Majeure cannot
provide such certificate documents, the other Party may request such certificate documents in order to assume the liability for breach
of contract in accordance with this Agreement.

 

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Article 8 Notices

 

8.1 Any notice, request, demand and
other correspondence required by this Agreement or made in accordance with this Agreement shall be made in written form and delivered
to the following address in person, by fax, telegram, telex, email

 

Party A: Mofy Metaverse (Beijing) Technology
Co., Ltd.

 

Address: 307, Floor 3, Building 17,
Courtyard 1, Balizhuang Bridge Nanli, Chaoyang District, Beijing

 

Attn: 

 

Phone:

 

Party B: Global Mofy (Beijing) Technology
Co., Ltd.

 

Address: No. 102, 1st Floor, Building
A12, Xidian Memory Cultural and Creative Town, Gaobeidian Township, Chaoyang District, Beijing

 

Attn:

 

Phone: 

 

8.2 If any such notice or other correspondence
is transmitted by fax, telegram, telex or email, it shall be treated as delivered immediately upon transmission; if delivered in person,
it shall be treated as delivered at the time of delivery; if delivered by registered mail or express mail, it shall be treated as delivered
three (3) days after posting.

 

Article 9 Miscellaneous

 

9.1 This Agreement is written in English
and translated into Chinese. In the event of any discrepancy between the two versions, the English version shall prevail. This Agreement
is made with [ ]( ) original copies, of which Party A, Party B and the Shareholders will each hold one copy respectively.

 

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9.2 The execution, validity, performance,
revision, interpretation and termination of this Agreement and the resolution of any dispute arising from this Agreement shall be governed
in accordance with the laws and regulations of the PRC.

 

9.3 Should any dispute arise in connection
with construction or performance of any provision under this Agreement, the Parties shall seek in good faith to resolve such dispute through
negotiations. If the negotiations fail, any of the Parties may submit the dispute to the China International Economic and Trade Arbitration
Commission (CIETAC) for arbitration in Beijing in accordance with its arbitration rules then in effect, and the language of arbitration
shall be in Chinese. The arbitration judgment shall be final and binding on each of the Parties.

 

9. 4 None of the rights, powers or remedies
granted to any Party by any provision herein shall preclude any other rights, powers or remedies available to such Party at law and under
the other provisions of this Agreement. In addition, a Party’s exercise of any of its rights, powers and remedies shall not exclude
such Party from exercising any of its other rights, powers and remedies.

 

9.5 No failure or delay by a Party in
exercising any rights, powers and remedies available to it hereunder or at law (“Such Rights”) shall result in a waiver thereof,
nor shall the waiver of any single or part of Such Rights shall exclude such Party from exercising Such Rights in any other way and exercising
other rights of such Party.

 

9.6 Each term contained herein shall
be severable and independent from each of the other terms. In case any term herein becomes all or partly invalid or unenforceable due
to violation of law or governmental regulations or other reasons, the affected part of such term shall be considered to have been removed,
provided that the removal of the affected part of such term shall not affect the legal effect of the remaining part of such term or other
terms herein. The Parties shall conclude new terms through consultations to replace such invalid or unenforceable terms.

 

9.7 The headings in this Agreement are
written for ease of reference only and in no event shall they affect the interpretation of any terms of this Agreement.

 

9.8 Any amendment or supplement hereto
shall be made in writing and shall become effective only upon due execution by the Parties hereto. Any Amended agreements and supplemental
agreements executed by the Parties will become part of this Agreement, having the same legal effect as this Agreement.

 

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9.9 Matters not covered in this Agreement
shall be determined by the Parties separately through consultation.

 

9.10 This Agreement constitutes all
agreements reached by the Parties on the subject matter of the cooperation project, and supersedes any previous or concurrent oral and
written agreement, understanding and correspondence relevant to the subject matter of the cooperation project between the Parties. Unless
specifically provided herein, there is no other explicit or implicit obligation or covenant between the Parties.

 

9.11 Party B or shall not transfer any
of its rights and/or obligations under this Agreement to any third party without prior written consent of Party A. To the extent not in
contravention of the PRC Laws, Party A is entitled to transfer any of its rights and/or obligations under this Agreement to any third
party designated by it without prior notice to or consent of Party B o.

 

9.12 This Agreement shall be binding
on the legal successors or assigns of the Parties.

 

[The remainder of this page is intentionally
left blank]

 

[Signature Page of Business Operation
Agreement]

 

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IN WITNESS WHEREOF, the Parties have
caused this Agreement to be duly executed by their duly authorized representatives on the date first written above.

 

Party A:

 

	Authorized
    Representative (Signature):	/s/ Haogang Yang	 
	Name: Haogang Yang	 

 

Party B:

 

	Authorized Representative (Signature):  	/s/ Haogang Yang	 
	Name: Haogang
Yang	 	 

 

 

9/9Exhibit 10.2

 

Consultation and Service Agreement

 

This Consultation and Services Agreement
(the “Agreement”) is entered into as of January 5, 2022 in Beijing between the following two parties:

 

Party A: Mofy Metaverse (Beijing)
Technology Co., Ltd.

 

Address: 307, Floor 3, Building 17,
Courtyard 1, Balizhuang Bridge Nanli, Chaoyang District, Beijing

 

Party B: Global Mofy (Beijing) Technology
Co., Ltd.

 

Address: Building A12, Xidian
memory cultural and creative Town, Gaobeidian Township, Chaoyang District, Beijing

 

Whereas,

 

Party A is a wholly-foreign-owned
enterprise established in China, and has the necessary resources to provide management and consulting services;

 

Party B is a company with exclusively
domestic capital registered in China and needs Party A’s support and services during its business.

 

NOW THEREFORE, through friendly consultation,
Party A and Party B hereby agree to enter into and perform this Agreement.

 

I.
ANAGEMENT CONSULTING AND SERVICES

 

1.
Party A hereby agrees to provide consultation and services to Party B in the area of fund, human, management and intellectual properties,
and Party B hereby agrees to accept such management consultation and services in accordance with the terms and conditions under this
Agreement. The management consultation and services provided by Party A include:

 

be responsible for providing training
and support to the staff of Party B;

 

Consultation and Service Agreement

 

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be responsible for providing consultation
services regarding the marketing of Party B;

 

be responsible for providing general
advice and assistance relating to the management and operation of Party B’s business;

 

be responsible for providing other
consultation and services which are necessary for Party B’s businesses.

 

2. Party B shall provide appropriate
assistance to Party A for its work, including but not limited to providing the relevant data, requirement and directions.

 

3. The term of this Agreement is [thirty
(30) years]. The Parties agree that, this Agreement can be extended only if Party A gives its written consent of the extension of this
Agreement before the expiration of this Agreement and Party B shall agree with this extension without reserve. If Party B’s operation
term is required to extended, Party B shall use its best efforts to renew its business license and extend its operation term until and
unless otherwise instructed in Party A’s prior written notice.

 

4. Party A is the exclusive consultation
and services provider of Party B; Party B shall not utilize third party to provide services which are same as or similar with Party A’s
services and shall not establish similar corporation relationship with any third party regarding the matters contemplated by this Agreement
without the prior written consent of Party A. Party A may appoint other parties to provide Party B with the consultations and/or services
under this Agreement.

 

Consultation and Service Agreement

 

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II. SERVICES FEES

 

The Parties agree that, Party B shall
pay relevant services fees to Party A which shall be determined according to the Appendix of this Agreement. This Appendix can be amended
by the Parties in considering the circumstances.

 

III. INTELLECTUAL PROPERTY AND CONFIDENTIALITY

 

1. Unless otherwise stipulated in
writing by the Parties, Party A shall be the sole and exclusive owner of all rights and interests to any and all intellectual property
rights arising from the performance of this Agreement, including, but not limited to, any copyrights, patent, know-how and otherwise,
whether developed by Party A or Party B. Party B shall execute all appropriate documents, take all appropriate actions, submit all filings
and/or applications, render all appropriate assistance and otherwise conduct whatever is necessary as deemed by Party A in its sole discretion
for the purposes of vesting any ownership, right or interest of any such intellectual property rights in Party A, and/or perfecting the
protections for any such intellectual property rights in Party A. The Parties agree that this Section shall survive changes to, and rescission
or termination of, this Agreement.

 

2. For the purpose of this Agreement,
Confidential Information includes, but not limited to, (i) technical information, materials, program, drawing, data, parameter, standard,
software, computer program, web design in connection with the development, design, research, produce and maintenance of technology disclosed
by one Party to the other Party; (ii) any contracts, agreement, memo, annexes, draft or record (including this Agreement) entered into
by the Parties for the purpose of this Agreement; and (iii) any information designated to be proprietary or confidential when it is disclosed
by one Party to the other Party. Upon termination or expiration of this Agreement, Party B shall, return all and any documents, materials
or software contained any of such Confidential Information to Party A or destroy it, delete all of such Confidential Information from
memory devices, and cease to use them.

 

3. Any Party shall not disclose any
Confidential Information to any third party in any way without the other Party’s prior written consent.

 

4. The Parties may disclose Confidential
Information solely to its employees, agents or consultant who must know such information, subject to such employees, agents or consultant
being bound by confidentiality obligations at least as restrictive as this Section 3.

 

Consultation and Service Agreement

 

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5. Notwithstanding the foregoing,
Confidential Information shall not be deemed to include the following information:

 

(1) is or will be in the public domain
(other than through the receiving Party’s unauthorized disclosure); or

 

(2) is under the obligation to be
disclosed pursuant to the applicable laws or regulations, rules of any stock exchange, or orders of the court or other government authorities,
in which case the receiving Party will promptly notify the disclosing Party, and will take reasonable and lawful steps to minimize the
extent of the disclosure.

 

6. Any Party breaching confidentiality
obligations under this Section shall indemnity all losses of the other Party.

 

IV. REPRESENTATIONS AND
WARRANTIES

 

1. Party A hereby represents and warrants
as follows:

 

(1)Party
A is a wholly owned foreign enterprise legally registered and validly existing in accordance with the laws of China.

 

(2)Party
A has taken all necessary corporate actions, obtained all necessary authorization and the consent and approval from third parties and
government agencies (if any) for the execution and performance of this Agreement. Party A’s execution and performance of this Agreement
do not violate any explicit requirements under any law or regulation binding on Party A.

 

(3)This
Agreement constitutes Party A’s legal, valid and binding obligations, enforceable in accordance with its terms.

 

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2. Party B hereby represents and warrants
as follows:

 

(1)Party
B is a company legally registered and validly existing in accordance with the laws of China and has obtained the relevant permit and license
for engaging in its business in a timely manner. It has independent legal person status, and has full and independent civil and legal
capacity to execute, deliver and perform this Agreement. It can sue and be sued as a separate entity;

 

(2)Party
B has taken all necessary corporate actions, obtained all necessary authorization and the consent and approval from third parties and
government agencies (if any) for the execution and performance of this Agreement. Party B’s execution and performance of this Agreement
do not violate any explicit requirements under any law or regulation binding on Party B.

 

(3)This
Agreement constitutes Party B’s legal, valid and binding obligations, enforceable in accordance with its terms.

 

V. LIABILITY FOR BREACH
OF AGREEMENT

 

1. The Parties agree and confirm that,
if either Party is in breach of any provisions herein or fails to perform its obligations hereunder, such breach or failure shall constitute
a default under this Agreement, which shall entitle the non-defaulting Party to request the defaulting Party to rectify or remedy such
default with a reasonable period of time. If the defaulting Party fails to rectify or remedy such default within the reasonable period
of time or within 30 days of non-defaulting Party’s written notice requesting for such rectification or remedy, then the non-defaulting
Party shall be entitled to elect any one of the following remedial actions: (a) to terminate this Agreement and request the defaulting
Party to fully compensate its losses and damages; (b) to request the specific performance by the defaulting Party of its obligations hereunder
and request the defaulting Party to fully compensate all losses and damages of the non-defaulting Party.

 

2. No waiver of rights in respect
of any default hereunder shall be valid unless it was made in writing. Any failure to exercise or delay in exercising any rights or remedy
by any Party under this Agreement shall not be deemed as a waiver of such Party. Any partial exercise of any right or remedy shall not
affect the exercise of any other rights and remedies.

 

Consultation and Service Agreement

 

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3. Notwithstanding Clause 5.1 above,
the Parties agree and confirm that in no circumstance shall Party B early terminate this Agreement unless the applicable law provides
otherwise or it has obtained the prior written consent of Party A.

 

4. The validity of this Section shall
not be affect by the suspension or termination of this Agreement.

 

VI. FORCE MAJEURE

 

1. In this Agreement, “Force
Majeure” will mean war, earthquake and other events which are unforeseen, inevitable and beyond the control of the Party.

 

2. If the Force Majeure causes any
one party to the Agreement the impossibility to further perform this Agreement, the Parties agree that the suffering party will waive
any liability to the other party for any loss that result from any such Force Majeure, provided that the suffering party shall continue
to perform this Agreement after the Force Majeure.

 

VII. AMENDMENT AND TERMINATION

 

1. Any amendment of this Agreement
shall come into force only after a written agreement is signed by both Parties.

 

2. During the term of this Agreement,
unless Party A commits gross negligence, or a fraudulent act, against Party B, Party B shall not terminate this Agreement prior to its
expiration date. Nevertheless, Party A shall have the right to terminate this Agreement upon giving 30 days’ prior written notice
to Party B at any time.

 

3. During the term of this Agreement,
if any Party is going into liquidation (either voluntary or compulsory), or is prohibited to conduct business by the governmental authority,
the other Party shall be entitled to terminate this Agreement. The termination notice shall come into force upon the notice is sent.

 

Consultation and Service Agreement

 

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4. The amendment and termination of
this Agreement shall not affect the exercise of any other remedies under this Agreement. Except when it may be exempted from liability
according to law, the Party that is held responsible shall compensate the other Party for all losses and damages thus caused by such amendment
or termination.

 

VIII. GOVERNING LAW AND DISPUTE RESOLUTION

 

1. The execution, effectiveness,
interpretation, performance, amendment, termination and dispute resolution shall be governed by the law of the People’s
Republic of China.

 

2. In the event of any dispute with
respect to this Agreement, the Parties shall first resolve the dispute through friendly negotiations. In the event the Parties fail to
reach an agreement on the dispute, either Party may submit the relevant dispute to the Beijing Commission of China International Economic
and Trade Arbitration Commission for arbitration, in accordance with its Arbitration Rules. The arbitration shall be conducted in Beijing,and
the language used in arbitration shall be Chinese. The arbitration award shall be final and binding on all Parties.

 

3. Upon the occurrence of any disputes
arising from the construction and performance of this Agreement or during the pending arbitration of any dispute, except for the matters
under dispute, the Parties to this Agreement shall continue to exercise their respective rights under this Agreement and perform their
respective obligations under this Agreement.

 

VIIII. NOTICES

 

1. All notices and other communications
required or permitted to be given pursuant to this Agreement shall be delivered personally or sent by registered mail, postage prepaid,
by a commercial courier service to the address of such Party set forth below. A confirmation copy of each notice shall also be sent by
email. The dates on which notices shall be deemed to have been effectively given shall be determined as follows:

 

Notices given by personal delivery,
by courier service or by registered mail, postage prepaid, shall be deemed effectively given on the date of acceptance or refusal at the
address specified for notices.

 

Consultation and Service Agreement

 

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2. For the purpose of notices, the
addresses of the Parties are as follows:

 

Party A: Mofy Metaverse (Beijing)
Technology Co., Ltd.

 

Address: 307, Floor 3, Building 17,
Courtyard 1, Balizhuang Bridge Nanli, Chaoyang District, Beijing

Attn:

Phone:

 

Party B: Global Mofy (Beijing) Technology
Co., Ltd.

 

Address: Building A12, Xidian
memory cultural and creative Town, Gaobeidian Township, Chaoyang District, Beijing

Attn

Phone

 

3. If any Party change its address
for notices or its contact person, a notice shall be delivered to the other Party in accordance with the terms hereof.

 

X. ASSIGNMENT

 

1. Without Party A’s prior written
consent, Party B shall not assign its rights and obligations under this Agreement to any third party.

 

2 .Party B agrees that Party A may
assign its obligations and rights under this Agreement to any third party upon a prior written notice to Party B but without the consent
of Party B.

 

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XI. MISCELLANEOUS

 

1. This Agreement shall become effective
upon and from the date on which it is signed by the authorized representative and seal of each Party.

 

2. Any amendments and supplements
to this Agreement shall be in writing. The amendment agreements and supplementary agreements that have been signed by the Parties and
that relate to this Agreement shall be an integral part of this Agreement and shall have the same legal validity as this Agreement.

 

3. The clauses in connection with
confidentiality obligations, disputes resolution and default responsibilities shall survive rescission or termination of this Agreement.

 

4. 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 aspect.
The Parties shall strive in good faith to replace such invalid, illegal or unenforceable provisions with effective provisions that accomplish
to the greatest extent permitted by law and the intentions of the Parties, 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.

 

5. This Agreement shall be signed in
Chinese and English language bearing the same legal effect. In the event of any inconsistency between the Chinese and English language,
the English version of this Agreement shall prevail. This Agreement shall have two counterparts, with each party holding one original.
All counterparts shall be given the same legal effect.

 

[THE SIGNATURE PAGE]

 

Consultation and Service Agreement

 

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IN WITNESS WHEREOF, the Parties have
caused their authorized representatives to execute this Consultation and Service Agreement as of the date first above written.

 

	Party A: 	 
	 	 
	By:	/s/ Haogang Yang	 
	Name: 	Haogang Yang	 
	Title:	Legal Representative	 

 

	Party B:	 
	 	 
	By:	/s/ Haogang Yang	 
	Name: 	Haogang Yang	 
	Title:	Legal Representative	 

 

Consultation and Service Agreement

 

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Exhibit Provisions on the payment
standard and method of technology service fee

 

1、Both
Parties agreed that Party B should pay service fee relating to Article 1, paragraph 1 to Party A based on the following terms:

 

(1)Annual
Fee

 

(2)Party
B should pay [100%] of net profit after tax of Party B accepted by US GAAP to Party A as the annual fee (the “Annual Fee”)
of technology support and service herein. The Annual fee should be paid to the designed bank account of Party A within 15 working days
after the first day of each quarter of the year.

 

(3)Floating
Charge

 

2、Besides
the Annual Fee, Party B should pay Floating Charge (the “Floating Charge”), the amount of which should not be exceed total
net profit accepted by the US GAAP deducting the Annual Fee of Party B, to Party A in each quarter of the year according to the technology
support and service provided by Party A. The amount of the Floating Charge should be determined by both Parties based on the following
factors:

 

(1)The
number and qualification of the employees provided by Party A for the technology support and service in a certain quarter;

 

(2)The
service time costed for the technology support and service in a certain quarter;

 

(3)The
investment made for the technology support and service in a certain quarter;

 

Consultation and Service Agreement

 

    11

    

    

 

(4)The
service and the value of the service provided for the technology support and service in a certain quarter;

 

(5)The
operation revenue of Party B.

 

3、Within
15 days of the end of each quarter, Party A should provide all the required financial information to be used to calculate (the “Financial
Information”) the Floating Charge on the certain quarter with Party B and should pay the Floating Charge within 30 days of the end
each quarter. Both Parties can engage independent accountants with good reputation to audit on the Financial Information, if any Party
has a doubt on it. The audit would be conducted during the business hour and should not be affect the normal business of Party B.

 

4、Party
B should negotiate with Party B within 7 working days after receiving the written notice regarding the adjustment of the Annual Fee or
the Floating Charge from Party A.

 

5、If
Party B is in a status of loss accepted by the US GAAP, Party A is obliged to absorb all the loss of Party B and to pay the amount of
loss to Party B.

 

Consultation and Service Agreement

 

 

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