ContractAsset Purchase Agreement • March 31st, 2023 • Focus Universal Inc. • Industrial instruments for measurement, display, and control
ASSET PURCHASE AGREEMENT This ! \ sset Purcha se , \ gre eme nt (t his " Agreement "), d ated as of December 19 1 1 \ 2022 , is entered into between, , \ nth ony Tejeda, a n incfo - idual residing in the State of Ca li forn i a, d . b . a . " .. - \ T TEC H SYST F l \ ( S" (" Seller "), an <l Focus L·ni, - e r sal I nc . , a Nevada co rp o rari on (" Buyer ") . Capitafo : ed terms used in this . - \ gree menr have the meanings gi , ·en to s u ch te r ms herein, as such definitions arc identified by the c r oss - references set forth in Exhibit _ \ attached hereto . RECITALS WHEREAS , Seller is engaged in t h e business of pro \ ·iJing effic i enr and cosr - effect . iYe integrated ne r ,vork, sec urity , and mu l timedia design so lution s (the " Business ") ; and WHEREAS , Seller wishes to se ll and assign to B uyer, and uyer wis h es to purchase a nd assume from S eller, s ubsrnntially all the assets, and certain s p ec i fied 1 . ia b il iries, of rhe Business, subject ru the terms
OPERATING AGREEMENT OF AT TECH SYSTEMS LLC A Manager-Managed California Limited Liability CompanyOperating Agreement • March 31st, 2023 • Focus Universal Inc. • Industrial instruments for measurement, display, and control • California
This Operating Agreement (the “Agreement”) of AT TECH SYSTEMS LLC (the “Company”) is hereby made and entered into this March 27, 2023 by the Company and Focus Universal Inc., a Nevada corporation. These individuals and/or business entities shall be known as and referred to as “Members” and individually as a “Member.”
ContractFocus Universal Inc. • March 31st, 2023 • Industrial instruments for measurement, display, and control
(. - FOCUS \ :._;;' UNIVEA5AL AMENDMENT TO EMPLOYMENT AGREEMENT FOR MR . IRVING KAU Dear Mr . Irving Kau : Focus Universal Inc . ("FCUV"), the affiliates and subsidiaries of FCUV, and any successors or assigns of any of the foregoing, entered into an Employment Agreement (the "Agreement") dated as of November 3 , 2021 for the purpose of emp l oying Mr . Irving Kau at Focus Universal Inc . Pursuant to the main section of the Agreement, yo u were entitled to receive stock grants for 10 , 000 shares of FCUV Common Stock under the Focus Universal Incentive Plan . As you are aware, you were awarded stock grants for the first two quarters of 2022 (lQ, 2 Q), under these bonus Management shares, according to the set performance metrics . However, given circumstances out of your or FCUV control, these performance metrics have become outdated, and we have amended these metrics for remaining third and fourth quarter of 2022 ( 3 Q, 4 Q) . Accordingly, you and Focus Universal hereby agree that the
