EXCLUSIVE PATENT LICENSE AGREEMENTExclusive Patent License Agreement • December 1st, 2020 • Folkup Development Inc. • Retail-miscellaneous retail • Nevada
This Exclusive Patent License Agreement (hereinafter called “Agreement”), entered into and effective as of the 25th day of November, 2020 (hereinafter called “Agreement Date”), is by and between PowerWatt Engineering Co. Ltd., an entity duly formed an existing under the laws of Hong Kong (hereinafter called “Licensor”), and Folkup Development Inc., a Nevada corporation (hereinafter, called “Licensee”).
SHARE EXCHANGE AGREEMENTShare Exchange Agreement • December 1st, 2020 • Folkup Development Inc. • Retail-miscellaneous retail • Nevada
THIS SHARE EXCHANGE AGREEMENT (the “Agreement”) dated as of November 25, 2020 is entered into by and among Folkup Development, Inc., a Nevada corporation (“Folkup Development”), and Powertech Holdings Company Limited, a British Virgin Islands company limited by shares (“Powertech”), and the ordinary shareholders of Powertech listed on Annex A to this Agreement (each, a “Shareholder” and, collectively, the “Shareholders”).
