Cap-AD Inc,

PO BOX 53155 SAN JOSE,CA 95153-0155 US

Brand tifanso

Zhan Hao Hong INDIVIDUAL

NO.142 JINJIANG AVE., NANCUN TOWN,

PANYU DIST, GUANGZHOU CHINA 510000

License Agreement:

The partner Cap-AD Inc has rich experience and resources in market promotion;

The brand owner tifanso enjoys a good reputation and brand influence on e-commerce platforms such as Amazon;

Both parties agree to establish a cooperative relationship. Since 2018, Cap-AD Inc has been an authorized partner of brand owner tifanso, responsible for market promotion and committed to following brand owner tifanso's guidelines and standards.

Rights and Obligations

Rights and obligations of partner Cap-AD Inc:

Have the right to conduct market promotion in the name of brand owner tifanso;

Must comply with the brand standards and marketing strategies of the brand owner tifanso;

Regularly provide sales data and market feedback to brand owner tifanso.

Rights and obligations of brand owner tifanso:

Provide necessary support and resources to assist the marketing activities of partner Cap-AD Inc;

Retain ultimate control over brand image and marketing strategy;

Regularly communicate with partner Cap-AD Inc to evaluate the effectiveness of the collaboration.