0001213900-22-067752 Sample Contracts

INDEMNIFICATION AGREEMENT
Indemnification Agreement • October 31st, 2022 • SHENGFENG DEVELOPMENT LTD • Trucking & courier services (no air) • New York

This Indemnification Agreement (this “Agreement”) is entered into as of by and between Shengfeng Development Limited, 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 • October 31st, 2022 • SHENGFENG DEVELOPMENT LTD • Trucking & courier services (no air) • New York

This EMPLOYMENT AGREEMENT (the “Agreement”), is entered into as of [ ], by and between Shengfeng Development Limited, 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”).

Working Capital Loan Contract
Working Capital Loan Contract • October 31st, 2022 • SHENGFENG DEVELOPMENT LTD • Trucking & courier services (no air)

This contract is signed by both of the borrower and the lender through equal consultation serves as a single agreement under the Credit Line Agreement ( No.fj1122019222 ) signed between Shengfeng Logistics Group Co., Ltd and Bank of China Limited Fuzhou Jin’an Sub-branch.

Credit Line Agreement No.fj1122020113
Credit Line Agreement • October 31st, 2022 • SHENGFENG DEVELOPMENT LTD • Trucking & courier services (no air)

Address: Fusheng Qianlong international annex building, 1F No.3, Middle Changle Road, Wangzhuang Street, Jin’an District, Fuzhou City

Call Option Agreement
Call Option Agreement • October 31st, 2022 • SHENGFENG DEVELOPMENT LTD • Trucking & courier services (no air)

This Call Option Agreement (this “Agreement”) has been executed by and among the following parties on January 7, 2021 in Fuzhou, the People’s Republic of China (“China” or the “PRC”):

Credit Line Agreement No.fj1122021141
Credit Line Agreement • October 31st, 2022 • SHENGFENG DEVELOPMENT LTD • Trucking & courier services (no air)

Address: Fusheng Qianlong international annex building, 1F No.3, Middle Changle Road, Wangzhuang Street, Jin’an District, Fuzhou City

Freight Transportation Contract
Freight Transportation Contract • October 31st, 2022 • SHENGFENG DEVELOPMENT LTD • Trucking & courier services (no air)

The shipper entrusts the carrier to use relevant equipment and means of transport to provide transportation services according to the needs of freight transportation; the carrier is willing and agrees to provide the above-mentioned services to the shipper. Based on the principles of equality, mutual benefit, and reciprocity, the two parties have reached the following terms after full consultation on the premise of complying with the laws and regulations of the People’s Republic of China.

Freight Transportation Contract
Freight Transportation Contract • October 31st, 2022 • SHENGFENG DEVELOPMENT LTD • Trucking & courier services (no air)

This Contract is made and entered into by and between Party A (the consignor) and Party B (the carrier) regarding Party A’s consignment of Party B to transport goods in accordance with the terms and conditions of this Contract.

Technical Consultation and Service Agreement
Technical Consultation and Service Agreement • October 31st, 2022 • SHENGFENG DEVELOPMENT LTD • Trucking & courier services (no air)

This Technical Consulting and Services Agreement (the “Agreement”) is entered into as of January 7, 2021 in Fuzhou, People’s Republic of China (“PRC” or “China”) between the following two parties:

Warehousing Service Contract
Warehousing Service Contract • October 31st, 2022 • SHENGFENG DEVELOPMENT LTD • Trucking & courier services (no air)

In accordance with the relevant laws and regulations of the People’s Republic of China, and through friendly negotiation between both parties, the following agreement has been reached on the provision of warehousing services by Party A to Party B so that both parties can abide.

Road Freight Transportation Platform Cooperation Agreement September 1, 2020
Road Freight Transportation Platform Cooperation Agreement • October 31st, 2022 • SHENGFENG DEVELOPMENT LTD • Trucking & courier services (no air) • Hong Kong

This Road Freight Transportation Platform Cooperation Agreement between Shengfeng Logistics Group Co., Ltd. and Hefei Weitian Yuntong Information Technology Co., Ltd. (hereinafter referred to as “this Agreement”) is entered into on September 1, 2020 by and between the following parties:

Voting Rights Proxy Agreement
Voting Rights Proxy Agreement • October 31st, 2022 • SHENGFENG DEVELOPMENT LTD • Trucking & courier services (no air)

This Voting Rights Proxy Agreement (the “Agreement”) has been executed by and among the following parties on , 20 in Fuzhou, the People’s Republic of China (“China” or the “PRC”):

Equity Pledge Agreement
Equity Pledge Agreement • October 31st, 2022 • SHENGFENG DEVELOPMENT LTD • Trucking & courier services (no air)

This Equity Pledge Agreement (this “Agreement”) has been executed by and among the following parties on January 7, 2021 in Fuzhou, the People’s Republic of China (“China” or the “PRC”):

Shengfeng Building Lease Contract
Lease Agreement • October 31st, 2022 • SHENGFENG DEVELOPMENT LTD • Trucking & courier services (no air)

In accordance with the contract law of the People’s Republic of China and relevant laws and regulations, Party A and Party B, on the basis of equality and voluntariness, enter into this Agreement on the lease of the house by Party A to Party B and the lease of the house by Party B in order to clarify the rights and obligations of both parties.

Road Freight Transportation Cooperation Agreement
Road Freight Transportation Cooperation Agreement • October 31st, 2022 • SHENGFENG DEVELOPMENT LTD • Trucking & courier services (no air)

According to the relevant laws and regulations of the state, through full and friendly negotiation between Party A and Party B, the following agreement is reached on Party B’s provision of freight transportation services for Party A, so that both parties can abide by it.

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