Intelligent Living Application Group Inc. Sample Contracts

INDEMNIFICATION AGREEMENT
Indemnification Agreement • July 20th, 2021 • Intelligent Living Application Group Inc. • Partitions, shelvg, lockers, & office & store fixtures

This Indemnification Agreement (this “Agreement”), dated as of July 16, 2021, is by and between Intelligent Living Application Group Inc., a company incorporated under the laws of the Cayman Islands (the “Company”) and _____ (the “Indemnitee”).

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EMPLOYMENT AGREEMENT
Employment Agreement • September 9th, 2020 • Intelligent Living Application Group Inc. • Partitions, shelvg, lockers, & office & store fixtures

This EMPLOYMENT AGREEMENT (the “Agreement”) is made and entered into as of this 1st day of June, 2020 (the “Effective Date”), by and between Intelligent Living Application Group Inc., a Cayman Islands company (the “Company”), and Bong Lau (the “Executive”).

INTELLIGENT LIVING APPLICATION GROUP INC. UNDERWRITING AGREEMENT
Underwriting Agreement • July 6th, 2022 • Intelligent Living Application Group Inc. • Partitions, shelvg, lockers, & office & store fixtures • New York

The undersigned, Intelligent Living Application Group Inc., a Cayman Islands exempted company (the “Company”), hereby confirms its agreement (this “Agreement”) with Network 1 Financial Securities, Inc. (the “Underwriter”) to issue and sell to the Underwriter an aggregate of 5,060,000 Ordinary Shares, par value $0.0001, of the Company (“Shares”). The offering and sale of securities contemplated by this Agreement is referred to herein as the “Offering.”

INTELLIGENT LIVING APPLICATION GROUP INC. DIRECTOR AGREEMENT
Director Agreement • January 19th, 2024 • Intelligent Living Application Group Inc. • Partitions, shelvg, lockers, & office & store fixtures

This Director Agreement (the “Agreement”) is made and entered into as of January 15, 2024 (the “Effective Date”), by and between Intelligent Living Application Group Inc., a Cayman Islands company (the “Company”), and Mr. Wing Hang (Henry) Yeung, an individual (the “Director”).

Reference: Renewal of Employment Agreement dated June 1, 2020 (the “Employment Agreement”)
Employment Agreement • July 20th, 2021 • Intelligent Living Application Group Inc. • Partitions, shelvg, lockers, & office & store fixtures

By signing below both parties agree to renew the term of the Employment Agreement until June 1, 2022. Except as expressly set forth herein, all terms of the Employment Agreement remain in full force and effect, and constitute the legal, valid, binding and enforceable obligations of the parties thereto.

Reference: Renewal of Employment Agreement
Employment Agreement • July 6th, 2022 • Intelligent Living Application Group Inc. • Partitions, shelvg, lockers, & office & store fixtures

Intelligent Living Application Group Inc. (the “Company”) and Bun Lau entered into an Employment Agreement (“Employment Agreement”) on June 1, 2020, which has been renewed until June 1, 2022. By signing below both parties agree to further renew the term of the Employment Agreement until June 1, 2023. Except as expressly set forth herein, all terms of the Employment Agreement remain in full force and effect, and constitute the legal, valid, binding and enforceable obligations of the parties thereto.

Reference: Renewal of Employment Agreement dated June 1, 2020 (the “Employment Agreement”)
Employment Agreement • July 20th, 2021 • Intelligent Living Application Group Inc. • Partitions, shelvg, lockers, & office & store fixtures

By signing below both parties agree to renew the term of the Employment Agreement until June 1, 2022. Except as expressly set forth herein, all terms of the Employment Agreement remain in full force and effect, and constitute the legal, valid, binding and enforceable obligations of the parties thereto.

Reference: Renewal of Employment Agreement
Employment Agreement • July 6th, 2022 • Intelligent Living Application Group Inc. • Partitions, shelvg, lockers, & office & store fixtures

Intelligent Living Application Group Inc. (the “Company”) and Bong Lau entered into an Employment Agreement (“Employment Agreement”) on June 1, 2020, which has been renewed until June 1, 2022. By signing below both parties agree to further renew the term of the Employment Agreement until June 1, 2023. Except as expressly set forth herein, all terms of the Employment Agreement remain in full force and effect, and constitute the legal, valid, binding and enforceable obligations of the parties thereto.

Reference: Renewal of Employment Agreement dated June 1, 2020 (the “Employment Agreement”)
Employment Agreement • July 20th, 2021 • Intelligent Living Application Group Inc. • Partitions, shelvg, lockers, & office & store fixtures

By signing below both parties agree to renew the term of the Employment Agreement until June 1, 2022. Except as expressly set forth herein, all terms of the Employment Agreement remain in full force and effect, and constitute the legal, valid, binding and enforceable obligations of the parties thereto.

Reference: Renewal of Employment Agreement
Employment Agreement • July 6th, 2022 • Intelligent Living Application Group Inc. • Partitions, shelvg, lockers, & office & store fixtures

Intelligent Living Application Group Inc. (the “Company”) and Fred Wong entered into an Employment Agreement (“Employment Agreement”) on June 1, 2020, which has been renewed until June 1, 2022. By signing below both parties agree to further renew the term of the Employment Agreement until June 1, 2023. Except as expressly set forth herein, all terms of the Employment Agreement remain in full force and effect, and constitute the legal, valid, binding and enforceable obligations of the parties thereto.

Reference: Renewal of Employment Agreement
Employment Agreement • April 30th, 2024 • Intelligent Living Application Group Inc. • Partitions, shelvg, lockers, & office & store fixtures

Intelligent Living Application Group Inc. (the “Company”) and Bong Lau entered into an Employment Agreement (“Employment Agreement”) on June 1, 2020, which has been renewed until June 1, 2023. By signing below both parties agree to further renew the term of the Employment Agreement until June 1, 2024. Except as expressly set forth herein, all terms of the Employment Agreement remain in full force and effect, and constitute the legal, valid, binding and enforceable obligations of the parties thereto.

Reference: Renewal of Employment Agreement
Employment Agreement • April 30th, 2024 • Intelligent Living Application Group Inc. • Partitions, shelvg, lockers, & office & store fixtures

Intelligent Living Application Group Inc. (the “Company”) and Wynn Hui entered into an Employment Agreement (“Employment Agreement”) on June 1, 2020, which has been renewed until June 1, 2023. By signing below both parties agree to further renew the term of the Employment Agreement until June 1, 2024. Except as expressly set forth herein, all terms of the Employment Agreement remain in full force and effect, and constitute the legal, valid, binding and enforceable obligations of the parties thereto.

Reference: Renewal of Employment Agreement
Employment Agreement • July 6th, 2022 • Intelligent Living Application Group Inc. • Partitions, shelvg, lockers, & office & store fixtures

Intelligent Living Application Group Inc. (the “Company”) and Wynn Hui entered into an Employment Agreement (“Employment Agreement”) on June 1, 2020, which has been renewed until June 1, 2022. By signing below both parties agree to further renew the term of the Employment Agreement until June 1, 2023. Except as expressly set forth herein, all terms of the Employment Agreement remain in full force and effect, and constitute the legal, valid, binding and enforceable obligations of the parties thereto.

Reference: Renewal of Employment Agreement
Employment Agreement • April 30th, 2024 • Intelligent Living Application Group Inc. • Partitions, shelvg, lockers, & office & store fixtures

Intelligent Living Application Group Inc. (the “Company”) and Fred Wong entered into an Employment Agreement (“Employment Agreement”) on June 1, 2020, which has been renewed until June 1, 2023. By signing below both parties agree to further renew the term of the Employment Agreement until June 1, 2024. Except as expressly set forth herein, all terms of the Employment Agreement remain in full force and effect, and constitute the legal, valid, binding and enforceable obligations of the parties thereto.

SHARE EXCHANGE AGREEMENT
Share Exchange Agreement • September 9th, 2020 • Intelligent Living Application Group Inc. • Partitions, shelvg, lockers, & office & store fixtures

This SHARE EXCHANGE AGREEMENT, dated as of April 8, 2020 (the “Agreement”) by and among Intelligent Living Application Group Inc., an exempted company incorporated under the laws of the Cayman Islands (“ILA Cayman” or the “Company”), Intelligent Living Application Group Limited, a business company incorporated under the laws of British Virgin Island (“ILA BVI”), and the holders of ordinary shares of ILA BVI, identified on Exhibit A hereto (each an “BVI Shareholder” and collectively the “BVI Shareholders”).

INTELLIGENT LIVING APPLICATION GROUP INC. STOCK OPTION AGREEMENT
Stock Option Agreement • April 28th, 2023 • Intelligent Living Application Group Inc. • Partitions, shelvg, lockers, & office & store fixtures

THIS STOCK OPTION AGREEMENT (“Agreement”) is entered into by and between Intelligent Living Application Group Inc., a Cayman Islands corporation (the “Corporation” or the “Company”) and the Grantee to be effective on the Grant Date. The Compensation Committee of the Board of Directors of the Company (the “Committee”) has authorized this grant of the Option to the Grantee to purchase a number of ordinary shares of the Corporation as set forth below. Unless otherwise indicated, any capitalized term used but not defined herein shall have the meaning ascribed to such term in the Intelligent Living Application Group Inc. 2022 Omnibus Equity Plan (the “Plan”).

Reference: Renewal of Employment Agreement dated June 1, 2020 (the “Employment Agreement”)
Employment Agreement • July 20th, 2021 • Intelligent Living Application Group Inc. • Partitions, shelvg, lockers, & office & store fixtures

By signing below both parties agree to renew the term of the Employment Agreement until June 1, 2022. Except as expressly set forth herein, all terms of the Employment Agreement remain in full force and effect, and constitute the legal, valid, binding and enforceable obligations of the parties thereto.

Reference: Renewal of Employment Agreement
Employment Agreement • April 30th, 2024 • Intelligent Living Application Group Inc. • Partitions, shelvg, lockers, & office & store fixtures

Intelligent Living Application Group Inc. (the “Company”) and Bun Lau entered into an Employment Agreement (“Employment Agreement”) on June 1, 2020, which has been renewed until June 1, 2023. By signing below both parties agree to further renew the term of the Employment Agreement until June 1, 2024. Except as expressly set forth herein, all terms of the Employment Agreement remain in full force and effect, and constitute the legal, valid, binding and enforceable obligations of the parties thereto.

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