October 27, 2016 Mr. Xiao Di Chief Executive Officer TAKUNG ART CO., LTD Flat/RM 03-04 20/F Hutchison House 10 Harcourt Road Central, Hong KongArbitration Agreement • December 9th, 2016 • Takung Art Co., Ltd. • Retail-retail stores, nec • New York
Contract Type FiledDecember 9th, 2016 Company Industry JurisdictionWe are pleased that TAKUNG ART CO., LTD (“TAKUNG” or the “Company”) has decided to retain Maxim Group LLC (“Maxim”) to provide general financial advisory and investment banking services to the Company as set forth herein. This letter agreement (“Agreement”) will confirm Maxim’s acceptance of such retention and set forth the terms of our engagement.