0001213900-21-068083 Sample Contracts

INDEMNIFICATION AGREEMENT
Indemnification Agreement • December 30th, 2021 • Hongli Group Inc. • General industrial machinery & equipment, nec • New York

This Indemnification Agreement (this “Agreement”) is entered into as of [●] by and between Hongli Group Inc., a Cayman Islands company (the “Company”), and the undersigned, a director and/or an officer of the Company (“Indemnitee”), as applicable.

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EMPLOYMENT AGREEMENT
Employment Agreement • December 30th, 2021 • Hongli Group Inc. • General industrial machinery & equipment, nec • New York

This EMPLOYMENT AGREEMENT (the “Agreement”), is entered into as of [ ], by and between Hongli Group Inc., a company incorporated and existing under the laws of Cayman Islands (the “Company”), and [ ], an individual (the “Executive”). The term “Company” as used herein with respect to all obligations of the Executive hereunder shall be deemed to include the Company and all of its direct or indirect parent companies, subsidiaries, affiliates, or subsidiaries or affiliates of its parent companies (collectively, the “Group”).

Exclusive Option Agreement
Exclusive Option Agreement • December 30th, 2021 • Hongli Group Inc. • General industrial machinery & equipment, nec

This Exclusive Option Agreement (“this Agreement”) is executed by and among the Parties below as of on April 12, 2021 in the city of Weifang, the People’s Republic of China (“China” or “PRC”):

Procurement Framework Agreement
Procurement Framework Agreement • December 30th, 2021 • Hongli Group Inc. • General industrial machinery & equipment, nec

In order to clarify the rights and obligations of the buyer and the seller in the cooperation, according to the contract law of the People’s Republic of China and other relevant laws and regulations, the buyer and the seller have reached the framework agreement on cost procurement through friendly negotiation on the basis of long-term cooperation and mutual benefit.

Supply Contract
Supply Contract • December 30th, 2021 • Hongli Group Inc. • General industrial machinery & equipment, nec

This Agreement has been entered into between SUNG JIN TECH and SUPPLIER and shall for the Parties constitute a part of the “Framework Agreement for Deliveries to SUNG 」 IN TECH”, including all the appendices thereto (together constituting the Purchase Agreement) entered into between AB SUNG JIN TECH and the SUPPLIER on 2014-07-23.

Exclusive Business Cooperation and Management Agreement
Exclusive Business Cooperation and Management Agreement • December 30th, 2021 • Hongli Group Inc. • General industrial machinery & equipment, nec

This Exclusive Business Cooperation and Management Agreement (“this Agreement”) is made and entered into by and between the following Parties on April 12, 2021 in the city of Weifang, the People’s Republic of China (“China” or “PRC”):

Equity Interest Pledge Agreement
Equity Interest Pledge Agreement • December 30th, 2021 • Hongli Group Inc. • General industrial machinery & equipment, nec

This Equity Interest Pledge Agreement ("this Agreement") has been executed by and among the following parties on April 12, 2021 in the city of Weifang, the People’s Republic of China (“China” or “PRC”):

Sale and Purchase Agreement
Sale and Purchase Agreement • December 30th, 2021 • Hongli Group Inc. • General industrial machinery & equipment, nec

After friendly negotiation, the buyer expresses his wish to purchase products from the seller, and the seller also expresses his willingness to supply products to the buyer. In order to achieve mutual benefit and win-win situation, the buyer and the seller reach the following agreement:

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