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Muliang Viagoo Technology, Inc. – ‘S-1/A’ on 6/21/22 – ‘EX-10.13’

On:  Tuesday, 6/21/22, at 4:05pm ET   ·   Accession #:  1213900-22-33961   ·   File #:  333-232378

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  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 6/21/22  Muliang Viagoo Technology, Inc.   S-1/A                 93:9.6M                                   EdgarAgents LLC/FA

Pre-Effective Amendment to Registration Statement (General Form)   —   Form S-1   —   SA’33

Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: S-1/A       Amendment No. 10 to Form S-1                        HTML   1.81M 
 2: EX-10.13    Exclusive Technical Consulting and Service          HTML     51K 
                Agreement Between Shanghai Mufeng and Shanghai                   
                Muliang, Dated February 10, 2016                                 
 3: EX-10.14    Call Option and Cooperation Agreement Among Lirong  HTML     71K 
                Wang & Zhongfang Wang and Shanghai Mufeng and                    
                Shanghai Muliang, Dated February 10, 2016                        
 4: EX-10.15    Equity Pledge Agreement Between Lirong Wang and     HTML     62K 
                Zhongfang Wang and Shanghai Mufeng                               
 5: EX-23.1     Consent of Wwc, Pc                                  HTML     27K 
11: R1          Document And Entity Information                     HTML     43K 
12: R2          Condensed Consolidated Balance Sheets               HTML    166K 
13: R3          Condensed Consolidated Balance Sheets               HTML     45K 
                (Parentheticals)                                                 
14: R4          Condensed Consolidated Statements of Income and     HTML    127K 
                Comprehensive Income (Unaudited)                                 
15: R5          Condensed Statements of Changes in Stockholders?    HTML     71K 
                Equity (Unaudited)                                               
16: R6          Condensed Consolidated Statements of Cash Flows     HTML    119K 
17: R7          Organization and Nature of Operations               HTML     79K 
18: R8          Summary of Significant Accounting Policies          HTML    200K 
19: R9          Accounts Receivable                                 HTML     38K 
20: R10         Inventories                                         HTML     39K 
21: R11         Prepayment                                          HTML     29K 
22: R12         Property, Plant and Equipment                       HTML     49K 
23: R13         Right of Use Assets                                 HTML     30K 
24: R14         Deferred Tax Assets, Net                            HTML     43K 
25: R15         Loans Payable                                       HTML     62K 
26: R16         Stockholders Equity                                 HTML     58K 
27: R17         Related Party Transactions                          HTML     43K 
28: R18         Concentrations                                      HTML     76K 
29: R19         Income Taxes                                        HTML     64K 
30: R20         Business Segments                                   HTML     39K 
31: R21         Subsequent Events                                   HTML     31K 
32: R22         Accounting Policies, by Policy (Policies)           HTML    258K 
33: R23         Summary of Significant Accounting Policies          HTML     66K 
                (Tables)                                                         
34: R24         Accounts Receivable (Tables)                        HTML     34K 
35: R25         Inventories (Tables)                                HTML     38K 
36: R26         Property, Plant and Equipment (Tables)              HTML     45K 
37: R27         Deferred Tax Assets, Net (Tables)                   HTML     41K 
38: R28         Loans Payable (Tables)                              HTML     47K 
39: R29         Related Party Transactions (Tables)                 HTML     35K 
40: R30         Concentrations (Tables)                             HTML     76K 
41: R31         Income Taxes (Tables)                               HTML     51K 
42: R32         Business Segments (Tables)                          HTML     36K 
43: R33         Organization and Nature of Operations (Details)     HTML    216K 
44: R34         Summary of Significant Accounting Policies          HTML     64K 
                (Details)                                                        
45: R35         Summary of Significant Accounting Policies          HTML     93K 
                (Details) - Schedule of details of the VIE                       
                agreements                                                       
46: R36         Summary of Significant Accounting Policies          HTML     48K 
                (Details) - Schedule of estimated useful lives                   
47: R37         Summary of Significant Accounting Policies          HTML     33K 
                (Details) - Schedule of intangible assets                        
                estimated useful lives                                           
48: R38         Summary of Significant Accounting Policies          HTML     34K 
                (Details) - Schedule of carrying values of                       
                financial instruments                                            
49: R39         Accounts Receivable (Details)                       HTML     30K 
50: R40         Accounts Receivable (Details) - Schedule of         HTML     35K 
                accounts receivable                                              
51: R41         Inventories (Details) - Schedule of inventories     HTML     35K 
52: R42         Prepayment (Details)                                HTML     29K 
53: R43         Property, Plant and Equipment (Details)             HTML     31K 
54: R44         Property, Plant and Equipment (Details) - Schedule  HTML     49K 
                of property, plant and equipment                                 
55: R45         Right of Use Assets (Details)                       HTML     38K 
56: R46         Deferred Tax Assets, Net (Details) - Schedule of    HTML     37K 
                deferred tax assets                                              
57: R47         Loans Payable (Details)                             HTML     65K 
58: R48         Loans Payable (Details) - Schedule of long-term     HTML     38K 
                loan and current portion of long-term loan                       
59: R49         Loans Payable (Details) - Schedule of long-term     HTML     33K 
                loan and current portion of long-term loan                       
                (Parentheticals)                                                 
60: R50         Loans Payable (Details) - Schedule of future loan   HTML     37K 
                obligations                                                      
61: R51         Stockholders Equity (Details)                       HTML    131K 
62: R52         Related Party Transactions (Details)                HTML     44K 
63: R53         Related Party Transactions (Details) - Schedule of  HTML     39K 
                balance due to related parties                                   
64: R54         Concentrations (Details)                            HTML     33K 
65: R55         Concentrations (Details) - Schedule of              HTML     34K 
                concentration of customers, suppliers & geographic               
                area                                                             
66: R56         Concentrations (Details) - Schedule of              HTML     38K 
                concentration of customers, suppliers & geographic               
                area                                                             
67: R57         Concentrations (Details) - Schedule of              HTML     37K 
                concentration of customers, suppliers & geographic               
                area                                                             
68: R58         Income Taxes (Details)                              HTML     52K 
69: R59         Income Taxes (Details) - Schedule of effective      HTML     35K 
                income tax rate                                                  
70: R60         Income Taxes (Details) - Schedule of provision for  HTML     35K 
                income taxes                                                     
71: R61         Business Segments (Details) - Schedule of revenues  HTML     46K 
                and cost of goods sold from operation                            
72: R62         Summary of Significant Accounting Policies          HTML     88K 
                (Details) - Schedule of details of the VIE                       
                agreements                                                       
73: R63         Summary of Significant Accounting Policies          HTML     48K 
                (Details) - Schedule of estimated useful lives                   
74: R64         Summary of Significant Accounting Policies          HTML     33K 
                (Details) - Schedule of intangible assets                        
                estimated useful lives                                           
75: R65         Summary of Significant Accounting Policies          HTML     34K 
                (Details) - Schedule of details of the VIE                       
                agreements                                                       
76: R66         Accounts Receivable (Details) - Schedule of         HTML     35K 
                accounts receivable                                              
77: R67         Inventories (Details) - Schedule of inventories     HTML     35K 
78: R68         Property, plant and equipment (Details) - Schedule  HTML     49K 
                of property, plant and equipment                                 
79: R69         Deferred Tax Assets, Net (Details) - Schedule of    HTML     37K 
                deferred tax assets                                              
80: R70         Loans Payable (Details) - Schedule of long-term     HTML     40K 
                loan and current portion of long-term loan                       
81: R71         Loans Payable (Details) - Schedule of long-term     HTML     39K 
                loan and current portion of long-term loan                       
                (Parentheticals)                                                 
82: R72         Loans Payable (Details) - Schedule of future loan   HTML     35K 
                obligations                                                      
83: R73         Related Party Transactions (Details) - Schedule of  HTML     39K 
                balance due to related parties                                   
84: R74         Concentrations (Details) - Schedule of              HTML     35K 
                concentration of customers, suppliers & geographic               
                area                                                             
85: R75         Concentrations (Details) - Schedule of              HTML     42K 
                concentration of customers, suppliers & geographic               
                area                                                             
86: R76         Concentrations (Details) - Schedule of              HTML     37K 
                concentration of customers, suppliers & geographic               
                area                                                             
87: R77         Income Taxes (Details) - Schedule of effective      HTML     45K 
                income tax rate                                                  
88: R78         Income Taxes (Details) - Schedule of provision for  HTML     35K 
                income taxes                                                     
91: XML         IDEA XML File -- Filing Summary                      XML    180K 
89: XML         XBRL Instance -- ea161683-s1a10_muliang_htm          XML   1.82M 
90: EXCEL       IDEA Workbook of Financial Reports                  XLSX    145K 
 7: EX-101.CAL  XBRL Calculations -- mulg-20220331_cal               XML    116K 
 8: EX-101.DEF  XBRL Definitions -- mulg-20220331_def                XML    846K 
 9: EX-101.LAB  XBRL Labels -- mulg-20220331_lab                     XML   1.39M 
10: EX-101.PRE  XBRL Presentations -- mulg-20220331_pre              XML    824K 
 6: EX-101.SCH  XBRL Schema -- mulg-20220331                         XSD    256K 
92: JSON        XBRL Instance as JSON Data -- MetaLinks              366±   486K 
93: ZIP         XBRL Zipped Folder -- 0001213900-22-033961-xbrl      Zip    611K 


‘EX-10.13’   —   Exclusive Technical Consulting and Service Agreement Between Shanghai Mufeng and Shanghai Muliang, Dated February 10, 2016


This Exhibit is an HTML Document rendered as filed.  [ Alternative Formats ]



Exhibit 10.13

 

Exclusive Technical Consulting

 

and Service Agreement

 

between

 

SHANGHAI MUFENG INVESTMENT CONSULTING CORP.

 

and

 

SHANGHAI MULIANG INDUSTRIAL CORP.

 

 

 

 

 

 

 

 

 

 

 

 

February 10, 2016

 

 

 C: 

 

 

 

Exclusive Technical Consulting and Service Agreement

 

This Exclusive Technical Consulting and Service Agreement (the “Agreement”) is entered into in Shanghai, the People’s Republic of China (the “PRC”) as of February 10, 2016 by and between the following two parties:

 

Party A:SHANGHAI MUFENG INVESTMENT CONSULTING CORP.
Address:中国(上海)自由贸易试验区富特北路 379 号二层 203

Legal representative: Lirong Wang; and

 

Party B:SHANGHAI MULIANG INDUSTRIAL CORP.
Address:上海市金山区枫泾镇一号桥北堍 2 14 号厅 18

Legal representative: Lirong Wang.

 

(In this Agreement, Party A and Party B are collectively referred to as the “Parties” and individually as a “Party”)

 

WHEREAS:

 

1. Party A is a wholly foreign invested enterprise duly incorporated and validly existing in the PRC with experts and professional teams and it has extensive experiences in the following areas: (i) agriculture technology; (ii) providing relevant technical consultancy and technical support; and (iii) market research in relation to the agriculture technology within or out of territory of the PRC, and providing relevant market promotion services;

 

2. Party B is a limited liability company duly incorporated and validly existing in the PRC, engaging in such business as agriculture technology;

 

3. Party B intends to obtain technical support and backup service in relation to the consultancy and development of market strategy from Party A, and Party A is willing to provide the foresaid services.

 

THEREFORE, the Parties have reached the following agreement after friendly consultation:

 

1.Service Scope

 

The Parties agree that, during the term of this Agreement, Party A shall provide Party B with support and consulting services concerning the technologies and market development set forth in Appendix 1 hereto (the “Technical Support”) in accordance with this Agreement.

 

In order to ensure the confidentiality of relevant know-how as well as the effect and efficiency of the Technical Support, Party B agrees that, without Party A’s prior written consent, it shall not:

 

(i) appoint any third party to provide any technical support which is the same as or similar to the items specified in Appendix 1 hereto to Party B, unless otherwise agreed by Party B; or

 

(ii) conduct or allow any third party to conduct any activity which may affect the confidentiality of relevant know-how as well as the effect and efficiency of the Technical Support during the term of this Agreement.

 

Any intellectual property (including but without limitation: copyright, patent, know-how, trade secret and otherwise whatsoever) shall be solely owned by Party A, no matter such intellectual property is developed by Party A itself, or developed by Party B on the basis of Party A’s intellectual property, or by Party A based on Party B’s intellectual property development. Party B is only granted with a right to use the foresaid intellectual property free of charge and without time limit. Such use right of Party B shall not be sub-licensed.

 

 C: 

 

 

 

2.Service Fee and Payment

 

The Parties agree that the service fee for Party A’s provision of technical support specified under Appendix 1 hereto to Party B (the “Service Fee”) shall be calculated and paid as per the methods set out in Appendix 2.

 

3.Representations and Warranties

 

3.1Party A hereby represents and warrants as follows:

 

3.1.1 Party A has the qualification required by the PRC laws to provide the Technical Support, and has obtained all relevant certificates, licenses, permissions and/or any other governmental approvals, and will maintain the effectiveness of such certificates, licenses, permissions and/or any other governmental approvals during the term of this Agreement;

 

3.1.2 Party A has necessary equipment, devices and experienced professionals to provide the Technical Support; and

 

3.1.3 The execution and performance of this Agreement by Party A will not violate any PRC laws or contracts which are binding upon it.

 

3.2Party B hereby represents and warrants as follows:

 

3.2.1 Party B has the qualifications necessary for its engagement of such business as agriculture technology under relevant PRC laws, and has obtained all relevant certificates, licenses, permissions and/or any other governmental approvals, and will maintain the effectiveness of such certificates, licenses, permissions and/or any other governmental approvals during the term of this Agreement;

 

3.2.2 Party B is engaged no any illegal transaction or activity in the business operation of; and

 

3.2.3 The execution and performance of this Agreement by Party B will not violate any provision of PRC laws or terms of contracts which are binding upon it.

 

4.Confidentiality

 

Each Party agrees to make its best effort and to take all reasonable measures to keep all information which it may receive from the other Party or have access to it during the term of this Agreement (the “Confidential Information”) in strict confidential manner. When this Agreement is terminated, the receiving Party of the Confidential Information shall return all documents, materials or software containing the Confidential Information to their original owner or the disclosing party, or, as requested by the original owner or disclosing party, to destroy (including delete any Confidential Information from relevant memory devices) such documents, materials or software by the Receiving Party itself and shall no longer use such Confidential Information. The Parties shall take necessary actions to disclose the Confidential Information only to those employees, agent or professional advisors of the other Party who have real needs to know such information, and shall cause such employees, agent or professional advisors to bear the confidentiality obligations hereunder.

 

Above limitation and restriction shall not apply to the following information that:

 

(i) becomes part of the public knowledge prior to the time of disclosure;

 

(ii) becomes part of the public knowledge after the time of disclosure which is not caused by either Party’s fault;

 

(iii) is in the possession of Party A or Party B (as may be proved by such Party) and is not directly or indirectly obtained from a third party who bears confidentiality obligations to the other Party; and

 

(iv) is disclosed pursuant to the requirement or request of relevant governmental agency or stock exchange; or is disclosed to either Party’s legal counsel or financial advisor due to the requirement of such Party’s normal business.

 

The Parties agreement of this Section 4 in relation to confidentiality obligation shall remain effective in case of the amendment, discharge or termination of this Agreement.

 

 C: 

 C: 2

 

 

5.Compensation

 

Unless otherwise provided by this Agreement, the following shall constitute a breach of this Agreement: (i) either Party fails to fully perform or suspends the performance of its obligations hereunder, and such failure or suspension is not cured within thirty days following receipt of the other Party’s notice thereof, or (ii) any representation and warranty made by either Party hereunder is not true.

 

If either Party breaches this Agreement or any representations or warranties made by it hereunder, the non-breaching Party may notify the breaching Party in writing to request such Party to, within 10 days upon receipt of such notice, (i) make relevant correction, (ii) take corresponding actions to effectively and timely avoid any losses or damages, and (iii) continue to perform this Agreement. In case of any losses or damage, the breaching Party shall make compensation to the extent that the non-breaching Party can obtain all interests it should have obtained from the performance of this Agreement.

 

If either Party incurs or suffers any expenses, liabilities or losses (including but without limitation, the loss of profits) due to the other Party’s breach of this Agreement, the breaching Party shall compensate the non-breaching Party for the foresaid expense, liability or loss (including but not limited to interests or legal fees which is paid or lost as a result of such breach). The total amount of compensation paid by the breaching Party shall equal to the losses arising out of such breach. The compensation mentioned above shall include interests that the non-breaching Party should obtain from the performance of this Agreement, provided that such compensation shall not exceed the reasonable expectation of the Parties.

 

If both Parties breach this Agreement, the compensation amount shall be determined as per the extent of their respective breach.

 

6.Effectiveness, Performance and Term

 

This Agreement shall be signed as of the date set forth above and come into force upon such execution.

 

7.Termination

 

The rights and obligations of the Parties under Section 4 and Section 5 shall survive the termination of this Agreement.

 

8.Dispute Resolution

 

8.1 Any dispute between the Parties arising out of the interpretation and performance of this Agreement shall be settled by the Parties through friendly consultation. If no agreement can be reached through such consultation, either Party may submit such dispute to China International Economic and Trade Arbitration Commission (Shanghai Branch) for arbitration in accordance with its arbitration rules then in effect. The place of arbitration shall be in Shanghai, and the arbitration proceedings shall be conducted in Chinese. The arbitration award shall be final and binding upon the Parties. This Clause shall not be affected by the termination or discharge of the Agreement.

 

8.2 Other than those items in dispute, the Parties shall continue to perform their respective obligation in good faith according to this Agreement.

 

 C: 

3

 

 

9.Force Majeure

 

9.1 “Force Majeure Event” means any event that is beyond the reasonable control of a Party and cannot be avoided even if the affected Party has taken reasonable precautions. A Force Majeure Event includes, but not limited to, governmental activity, Act of God, fire, explosion, storm, flood, earthquake, tide, lightening or war. However, the insufficiency of credit, capital or financing shall not be deemed as a matter that is beyond the control of a Party. A Party which is affected by a Force Majeure Event and seeks for a exemption of certain liability hereunder shall notify the other Party thereof as soon as practicable.

 

9.2 In the event that this Agreement is required to be delayed in its performance or is unable to perform as a result of a Force Majeure Event, the Party affected by such Force Majeure Event shall not be liable to the extent affected by the Force Majeure Event. The affected Party shall take reasonable measures to reduce or eliminate the impact caused by the Force Majeure Event, and to make every effort to recover the performance of such obligations as delayed or blocked due to the Force Majeure Event. After the Force Majeure Event is over or removed, the Parties agree to make their best efforts to recover the performance of this Agreement.

 

10.Assignment

 

Without the prior written consent of Party A, Party B shall not transfer its rights and obligations hereunder to any third Party. Party A may transfer its rights and obligations hereunder to a third party without Party B’s consent, provided that Party A shall notify Party B of such transfer.

 

11.Severability

 

If any provision under this Agreement is inconsistent with relevant laws, or becomes invalid or unenforceable, such provision shall only be invalid or unenforceable within the jurisdiction of relevant laws, and the validity of other provisions of this Agreement shall not be affected.

 

12.Amendment

 

Any amendment to or supplementary of this Agreement shall be made in writing. The amendment to or supplementary of this Agreement duly executed by the Parties shall be an integral part hereof and have the same legal effect as this Agreement.

 

13.Governing Law

 

This Agreement shall be governed by and construed in accordance with the PRC laws.

 

14.Counterpart

 

This Agreement shall be executed in two originals, and each Party shall hold one original hereof.

 

[SIGNATURE PAGE FOLLOWS]

 

 C: 

4

 

 

IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be executed by their respective duly authorized representatives.

 

Party A: SHANGHAI MUFENG INVESTMENT CONSULTING CORP.

 

Authorized representative: Lirong Wang

 

Signature:   

 

Party B: SHANGHAI MULIANG INDUSTRIAL CORP.

 

Authorized representative: Lirong Wang

 

Signature:   

 

 C: 

5

 

 

Appendix 1

 

Contents of Technical Support

 

To the extent permitted by law, the Technical Support to be provided by Party A to Party B includes the following (the Parties may amend this Appendix from time to time according to the business and operation requirements of Party B as well as the provisions of laws):

 

1.Technical Consultancy and Service

 

(i) to make research on foreign technologies in relation to agriculture technology, and to offer relevant technology information and technical guidance to Party B;

 

(ii) to provide experts to help Party B in resolving technical problems arising out of agriculture technology;

 

(iii) to establish a standard procedure for agriculture technology for Party B; and

 

(iv) to train professional technicians for Party B.

 

2.Market Promotion and Market Planning

 

(i) to expand the market shares as well as to develop sales channels of agriculture technology;

 

(ii) to plan and organize activities and events to promote the company image of Party B; and

 

(iii) to offer services in relation to public relationship.

 

3.to conduct other consulting services in relation to the company strategy and market development of Party B.

 

 C: 

 

 

 

Appendix 2

 

Service Fee and Payment Method

 

The Parties agree that the service fee to be paid by Party B as consideration to the services provided by Party A hereunder shall be 100% of Party B’s net income after taxes. In principle, such Service Fee shall be paid monthly according to the business condition of Party B, but Party A shall have the right to delay, reduce the amount of or waive the payment of any such service fee.

 

 

 

 

 


Dates Referenced Herein   and   Documents Incorporated by Reference

This ‘S-1/A’ Filing    Date    Other Filings
Filed on:6/21/22
2/10/1610-K,  8-K
 List all Filings 


3 Subsequent Filings that Reference this Filing

  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 2/06/23  Muliang Viagoo Technology, Inc.   S-1/A       2/03/23   92:11M                                    EdgarAgents LLC/FA
 8/19/22  Muliang Viagoo Technology, Inc.   S-1/A                 92:11M                                    EdgarAgents LLC/FA
 7/26/22  Muliang Viagoo Technology, Inc.   S-1/A                 93:10M                                    EdgarAgents LLC/FA


11 Previous Filings that this Filing References

  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 6/10/22  Muliang Viagoo Technology, Inc.   S-1/A                 91:9.8M                                   EdgarAgents LLC/FA
 7/01/21  Muliang Viagoo Technology, Inc.   S-1/A                  7:2.6M                                   EdgarAgents LLC/FA
12/09/20  Muliang Viagoo Technology, Inc.   S-1/A                  3:1.9M                                   EdgarAgents LLC/FA
 7/07/20  Muliang Viagoo Technology, Inc.   8-K:5,9     6/26/20    2:1.1M                                   EdgarAgents LLC/FA
 6/25/20  Muliang Viagoo Technology, Inc.   8-K:1,2,3,5 6/19/20    4:352K                                   EdgarAgents LLC/FA
 3/27/20  Muliang Viagoo Technology, Inc.   8-K:5,8,9   3/27/20   11:1.5M                                   EdgarAgents LLC/FA
11/14/19  Muliang Viagoo Technology, Inc.   10-Q        9/30/19   76:12M                                    EdgarAgents LLC/FA
 5/10/19  Muliang Viagoo Technology, Inc.   8-K:3,5,9   5/07/19    3:909K                                   EdgarAgents LLC/FA
 2/11/16  Muliang Viagoo Technology, Inc.   8-K:2,3,5,9 2/10/16   60:5.5M                                   West Coast Stock… Inc/FA
 3/19/15  Muliang Viagoo Technology, Inc.   S-1/A¶                 4:496K                                   West Coast Stock… Inc/FA
 1/05/15  Muliang Viagoo Technology, Inc.   S-1                    3:1.2M                                   West Coast Stock… Inc/FA
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