SEC Contract Filing

Filing Date: 2017-10-11

Document Content:
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<TYPE>EX-10.1
<SEQUENCE>2
<FILENAME>ao_ex1001.htm
<DESCRIPTION>EARLY TERMINATION AGREEMENT
<TEXT>
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<P STYLE="margin: 0">Exhibit 10.1</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Early Termination Agreement</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 102pt; text-align: justify; text-indent: -102pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 102pt; text-align: justify; text-indent: -102pt">Party A:
Prime World International Holdings Ltd., Taiwan Branch</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Party B: Chailease Finance Co., Ltd.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 24pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 24pt">Party A and Party B
has entered into a &rdquo;Finance Lease Agreement&rdquo;, No. A1603040AB (hereinafter referred to as the &ldquo;Original Agreement&rdquo;).
Upon thorough discussion, both parties hereby agree to terminate the Original Agreement before expiration (hereinafter referred
to as &ldquo;Early Termination&rdquo;) pursuant to terms and conditions below:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 48pt; text-align: justify; text-indent: -48pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 48pt; text-align: justify; text-indent: -48pt">Article 1
The duration of the Original Agreement is from March 31, 2016 to March 31, 2019. Both parties agree to terminate the Original Agreement
on October 6, 2017 due to the business change of Party A. All other effective contracts documents between both parties shall in
no event be affected or impaired. New business plan or cooperation demand in the future shall be negotiated amicably by both parties,
if any.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 48pt; text-align: justify; text-indent: -48pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 48pt; text-align: justify; text-indent: -48pt">Article 2
After confirming the settlement mutually and through thorough negotiation, both parties agree that Party A shall pay off New Taiwan
Dollars 124,788,007 for Early Termination, including the undue rent, liquidated damages and any and all costs and expenses arising
from Early Termination.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 48pt; text-align: justify; text-indent: -48pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 48pt; text-align: justify; text-indent: -48pt">Article 3
Party B agrees to transfer and Party A shall obtain the title to the lease objects under Original Agreement as of the date Party
A has paid off the amount pursuant to Article 2.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 48pt; text-align: justify; text-indent: -48pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 48pt; text-align: justify; text-indent: -48pt">Article 4
This agreement is made in duplicate, with Party A and Party B holding one respectively. Any amendments to this agreement shall
be valid only with written consent mutually signed by both parties.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in; text-align: justify; text-indent: -0.75in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in; text-align: justify; text-indent: -0.75in">Party
A: Prime World International Holdings Ltd., Taiwan Branch</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Representative: Shu-Hua (Joshua) Yeh</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Address: No.18,Gong 4th Rd., Linkou District,
New Taipei City, Taiwan</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Party B: Chailease Finance Co., Ltd.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Representative: Feng-Long Chen</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Address: 8F-12F, No. 362 Ruiguang Road,
Neihu District, Taipei, Taiwan</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 102pt; text-align: center; text-indent: -102pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 102pt; text-align: center; text-indent: -102pt">Execution
Date: October 5, 2017</P>

<P STYLE="margin: 0"></P>

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