0001104659-21-069389 Sample Contracts

DEBT SETTLEMENT AND MUTUAL RELEASE
Debt Settlement and Mutual Release • May 19th, 2021 • China Xiangtai Food Co., Ltd. • Meat packing plants • New York

This Debt Settlement and Mutual Release Agreement (the “Agreement”) is entered into as of the date first set forth above (the “Effective Date”), by and between (i) China Xiangtai Food Co., Ltd., a Cayman Islands company (the “Company”) and (ii) Xiaohui Wu (the “Executive”). Each of the Company and the Executive may be referred to herein individually as a “Party” and collectively as the “Parties.”

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