Paranovus Entertainment Technology Ltd. Sample Contracts
HAPPINESS BIOTECH GROUP LIMITED (the “Issuer”) AND [TRUSTEE] (the “Trustee”) INDENTURE Dated as of [●], 20[●] Senior Debt SecuritiesIndenture • November 12th, 2020 • Happiness Biotech Group LTD • Medicinal chemicals & botanical products • New York
INDENTURE, dated as of [●], 20[●], among Happiness Biotech Group Limited, a Cayman Islands corporation (the “Company”), and [TRUSTEE], as trustee (the “Trustee”).
EMPLOYMENT AGREEMENTEmployment Agreement • May 3rd, 2024 • Paranovus Entertainment Technology Ltd. • Services-computer processing & data preparation • New York
This EMPLOYMENT AGREEMENT (the “Agreement”), is entered into as of April 29, 2024 (the “Effective Date”), by and between Paranovus Entertainment Technology Limited, incorporated under the laws of the Cayman Islands (the “Company”), and Xiaoyue Zhang, an individual (the “Executive”). Except with respect to the direct employment of the Executive by the Company, 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 subsidiaries and affiliated entities (collectively, the “Group”).
SECURITIES PURCHASE AGREEMENTSecurities Purchase Agreement • July 23rd, 2024 • Paranovus Entertainment Technology Ltd. • Services-computer processing & data preparation • New York
This SECURITIES PURCHASE AGREEMENT (the “Agreement”) is dated as of July 17, 2024 by and among Paranovus Entertainment Technology Limited, a Cayman Islands exempted company, (the “Company”), and individuals listed in Exhibit B hereto and each affixes its signature on the signature page of this Agreement (each, a “Purchaser”; collectively, the “Purchasers”).
SHARE PURCHASE AGREEMENTShare Purchase Agreement • April 18th, 2023 • Paranovus Entertainment Technology Ltd. • Medicinal chemicals & botanical products • New York
This Share Purchase Agreement (this “Agreement”) is made and entered into as of April 10, 2023 by and among (i) Fujian Hengda Beverage Co., Ltd , a PRC company (the “Purchaser”), (ii) Fujian Happiness Biotech Co., Limited, a PRC company (the “Company”), (iii) Happiness (Nanping) Biotech Co., Limited, a PRC company (“Happiness Nanping” or the “Seller”) and (iv) Paranovus Entertainment Technology Ltd., a Cayman Islands exempt limited company (“PubCo”). The Purchaser, the Company, the Seller and the PubCo are sometimes referred to herein individually as a “Party” and, collectively, as the “Parties”.
Note Purchase AgreementNote Purchase Agreement • May 30th, 2025 • Paranovus Entertainment Technology Ltd. • Services-computer processing & data preparation • New York
This Note Purchase Agreement (this “Agreement”), dated as of May 30, 2025 is entered into by and between Paranovus Entertainment Technology Limited, a Cayman Islands company (“Company”), and the individual listed in Exhibit B hereto and who affixes his or her signature on the signature page of this Agreement (“Investor”).
UNDERWRITING AGREEMENT between HAPPINESS BIOTECH GROUP LIMITED (the “Company”) and UNIVEST SECURITIES, LLC (the “Underwriter”) HAPPINESS BIOTECH GROUP LIMITED UNDERWRITING AGREEMENTUnderwriting Agreement • June 7th, 2019 • Happiness Biotech Group LTD • Medicinal chemicals & botanical products • New York
SECURITIES PURCHASE AGREEMENTSecurities Purchase Agreement • March 26th, 2026 • Paranovus Entertainment Technology Ltd. • Services-computer processing & data preparation • New York
This SECURITIES PURCHASE AGREEMENT (this “Agreement”) is dated as of March 24, 2026, between Paranovus Entertainment Technology Ltd., a company incorporated under the laws of the Cayman Islands (the “Company”), and each purchaser identified on the signature pages hereto (each, including its successors and assigns, a “Purchaser” and collectively the “Purchasers”).
SHARE PURCHASE AGREEMENTShare Purchase Agreement • March 16th, 2023 • Paranovus Entertainment Technology Ltd. • Medicinal chemicals & botanical products • New York
This Share Purchase Agreement (this “Agreement”) is entered into as of March 14, 2023 (the “Effective Date”), by and among Paranovus Entertainment Technology Ltd. (formerly known as Happiness Development Group Limited), a limited liability company organized under the laws of the Cayman Islands (the “Buyer”), 2lab3 LLC, a limited liability company organized under the laws of Delaware (the “Company”), and the sole member of the Company (the “Seller”) The Buyer, the Company and the Seller are sometimes referred to herein individually as a “Party” and collectively as the “Parties”.
SECURITIES PURCHASE AGREEMENTSecurities Purchase Agreement • March 16th, 2022 • Happiness Development Group LTD • Medicinal chemicals & botanical products • New York
This SECURITIES STOCK PURCHASE AGREEMENT (this “Agreement”) is made and entered into as of March 11, 2022, by and between Happiness Development Group Limited, a Cayman Islands company (the “Company”) and the undersigned thereto (the “Purchasers”). All capitalized terms used in this Agreement shall have the meanings assigned to such terms in Section 8.4 or as otherwise defined elsewhere in this Agreement.
EMPLOYMENT AGREEMENTEmployment Agreement • May 3rd, 2024 • Paranovus Entertainment Technology Ltd. • Services-computer processing & data preparation • New York
This EMPLOYMENT AGREEMENT (the “Agreement”), is entered into as of April 29, 2024 (the “Effective Date”), by and between Paranovus Entertainment Technology Limited, incorporated under the laws of the Cayman Islands (the “Company”), and Ling Guo, an individual (the “Executive”). Except with respect to the direct employment of the Executive by the Company, 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 subsidiaries and affiliated entities (collectively, the “Group”).
EQUITY TRANSFER CONTRACT WITH WENSHENG LIU CONCERNING FUJIAN SHENNONGJIAGU DEVELOPMENT CO., LTD. TABLE OF CONTENTEquity Transfer Contract • October 25th, 2021 • Happiness Biotech Group LTD • Medicinal chemicals & botanical products
This equity transfer contract (hereinafter referred to as the “contract”) is signed by the following parties in Fuzhou, China on October 14, 2021.
SECURITIES PURCHASE AGREEMENTSecurities Purchase Agreement • July 6th, 2026 • Paranovus Entertainment Technology Ltd. • Services-computer processing & data preparation • New York
This SECURITIES PURCHASE AGREEMENT (the “Agreement”) is dated as of June 30, 2026 by and among Paranovus Entertainment Technology Ltd., a Cayman Islands company, (the “Company”), and the Entity listed in Exhibit A hereto and each affixes its signature on the signature page of this Agreement (each, a “Purchaser”; collectively, the “Purchasers”).
PRE-FUNDED ORDINARY SHARE PURCHASE WARRANT PARANOVUS ENTERTAINMENT TECHNOLOGY LIMITEDPre-Funded Ordinary Share Purchase Warrant • March 26th, 2026 • Paranovus Entertainment Technology Ltd. • Services-computer processing & data preparation
THIS PRE-FUNDED ORDINARY SHARE PURCHASE WARRANT (the “Warrant”) certifies that, for value received, __________ or its assigns (the “Holder”) is entitled, upon the terms and subject to the limitations on exercise and the conditions hereinafter set forth, at any time on or after the date hereof (the “Initial Exercise Date”) and until this Warrant is exercised in full (the “Termination Date”) but not thereafter, to subscribe for and purchase from Paranovus Entertainment Technology Limited., a company incorporated under the laws of the Cayman Islands (the “Company”), up to ______ Class A ordinary shares, par value $0.000001 per share (the “Ordinary Shares,” and such Ordinary Shares underlying this Warrant, subject to adjustment hereunder, the “Warrant Shares”) of the Company. The purchase price of one Ordinary Share under this Warrant shall be equal to the Exercise Price, as defined in Section 2(b).
SUBSCRIPTION AGREEMENT Ordinary Shares of Happiness Biotech Group LimitedSubscription Agreement • March 8th, 2019 • Happiness Biotech Group LTD • Medicinal chemicals & botanical products • New York
This subscription agreement (this “Subscription”) is dated , 2019, by and between the investor identified on the signature page hereto (the “Investor”) and Happiness Biotech Group Limited, a Cayman Islands limited liability company (the “Company”). The parties agree as follows:
Subscription AgreementSubscription Agreement • March 28th, 2019 • Happiness Biotech Group LTD • Medicinal chemicals & botanical products
This subscription agreement (this “Subscription”) is dated ____________, 2019, by and between the investor identified on the signature page hereto (the “Investor”) and Happiness Biotech Group Limited (the “Company”). The parties agree as follows:
EQUITY TRANSFER CONTRACT WITH CUNHUI LIN, YANQING LIU CONCERNING FUZHOU HEKANGYUAN TRADING CO., LTD.Equity Transfer Contract • March 7th, 2022 • Happiness Development Group LTD • Medicinal chemicals & botanical products
This equity transfer contract (hereinafter referred to as the “contract”) is signed by the following parties in Fuzhou, China on March 4, 2022.
ASSET PURCHASE AGREEMENTAsset Purchase Agreement • August 5th, 2026 • Paranovus Entertainment Technology Ltd. • Services-computer processing & data preparation • New York
Paranovus Entertainment Technology Ltd., an exempted company incorporated under the laws of the Cayman Islands and listed on the Nasdaq Stock Market (“Buyer”).
CONFIDENTIAL June 15, 2026Financial Advisory Agreement • June 16th, 2026 • Paranovus Entertainment Technology Ltd. • Services-computer processing & data preparation • New York
The purpose of this financial advisory agreement (this “Agreement”) is to confirm the engagement of A.G.P./Alliance Global Partners (“A.G.P.”) by Paranovus Entertainment Technology Ltd. (the “Company”) to render Financial Services (as defined below) to the Company.
SOFTWARE DEVELOPMENT AGREEMENTSoftware Development Agreement • November 15th, 2023 • Paranovus Entertainment Technology Ltd. • Medicinal chemicals & botanical products • New York
This Software Development Agreement (this “Agreement”) is made as of the 12th day of November 2023 (the “Effective Date”) by and between BLUELINE STUDIOS INC. (“Blueline”), having an office at 142 – 757 West Hastings Street, Vancouver, BC V6C 1A1, and PARANOVUS ENTERTAINMENT TECHNOLOGY LTD (“Paranovus”) having an address at No. 11 Dongjiao East Road, Shuangxi, Shunchang, Nanping City Fujian Province, People’s Republic of China.
Regional Distribution ContractRegional Distribution Contract • September 4th, 2018 • Happiness Biotech Group LTD • Medicinal chemicals & botanical products
Based on the principle of mutual promotion, mutual benefit and development, both parties will actively explore the market sales of the products produced by Party A, with intensive discussions, this agreements is hereby reached for mutual compliance and implementation.
PARANOVUS ENTERTAINMENT TECHNOLOGY LTD. CLASS A ORDINARY SHARES SALES AGREEMENTSales Agreement • October 29th, 2025 • Paranovus Entertainment Technology Ltd. • Services-computer processing & data preparation • New York
Paranovus Entertainment Technology Ltd., an exempted company incorporated under the laws of the Cayman Islands, having its registered office at Harneys Fiduciary (Cayman) Limited, with its principal executive offices located at 250 Park Avenue, 7th Floor, New York, NY 10177 (the “Company”), confirms its agreement (this “Agreement”) with A.G.P./Alliance Global Partners (the “Sales Agent”), as follows:
AcknowledgementAmendment to Promissory Notes • September 22nd, 2025 • Paranovus Entertainment Technology Ltd. • Services-computer processing & data preparation
Exclusive Collaboration AgreementExclusive Collaboration Agreement • January 3rd, 2023 • Happiness Development Group LTD • Medicinal chemicals & botanical products • New York
This Exclusive Collaboration Agreement (this “Agreement”), dated as of December 28, 2022 (the “Effective Date”), is by and between DMG Tech Investment LLC, a limited liability company organized under the laws of Delaware, USA (“DMG Tech”) and Happiness Development Group Limited, a Cayman Islands exempted company with limited liability (“Happiness Develop”). DMG Tech and Happiness Develop are collectively referred to as the “Parties” for purposes of this Agreement.
Exclusive Distributor Cooperation AgreementExclusive Distributor Cooperation Agreement • September 4th, 2018 • Happiness Biotech Group LTD • Medicinal chemicals & botanical products
Based on the principle of mutual promotion, mutual benefit and development, both parties agree to set up ’ The Exclusive Distributor Store’ in --- city, this agreements is hereby reached for mutual compliance and implementation.
Form of Lock-Up AgreementLock-Up Agreement • June 16th, 2026 • Paranovus Entertainment Technology Ltd. • Services-computer processing & data preparation
CONFIDENTIAL March 24, 2026Financial Advisory Agreement • March 26th, 2026 • Paranovus Entertainment Technology Ltd. • Services-computer processing & data preparation • New York
The purpose of this financial advisory agreement (this “Agreement”) is to confirm the engagement of A.G.P./Alliance Global Partners (“A.G.P.”) by Paranovus Entertainment Technology Ltd. (the “Company”) to render Financial Services (as defined below) to the Company.
Lock-Up AgreementLock-Up Agreement • March 26th, 2026 • Paranovus Entertainment Technology Ltd. • Services-computer processing & data preparation
NOTE PURCHASE AGREEMENTNote Purchase Agreement • June 30th, 2025 • Paranovus Entertainment Technology Ltd. • Services-computer processing & data preparation • New York
THIS NOTE PURCHASE AGREEMENT (this “Agreement”), dated as of June 26, 2025 is entered into by and between PARANOVUS ENTERTAINMENT TECHNOLOGY LIMITED, a Cayman Islands company (“Company”), and the individual listed in Exhibit B hereto and who affixes his or her signature on the signature page of this Agreement (“Investor”).
Paranovus Entertainment Technology Ltd. CLASS A ORDINARY SHARES (par value $0.000012 per share) SALES AGREEMENTSales Agreement • June 9th, 2026 • Paranovus Entertainment Technology Ltd. • Services-computer processing & data preparation • New York
The undersigned, Paranovus Entertainment Technology Ltd., an exempted company incorporated under the laws of the Cayman Islands (collectively with its subsidiaries and affiliates, including, without limitation, all entities disclosed or described in the Registration Statement (as defined below) as being subsidiaries or affiliates of Paranovus Entertainment Technology Ltd., the “Company”), hereby confirms its agreement (this “Agreement”) with AC Sunshine Securities LLC (the “Sales Agent”), as follows:
ESCROW DEPOSIT AGREEMENTEscrow Deposit Agreement • May 6th, 2019 • Happiness Biotech Group LTD • Medicinal chemicals & botanical products • New York
This ESCROW DEPOSIT AGREEMENT (this “Agreement”) dated as of this [__] day of [_____] 201[_], by and among Happiness Biotech Group Limited, a Cayman Islands company (the “Company”), having an address at No. 11, Dongjiao East Road, Shuangxi, Shunchang, Nanping City, Fujian Province, People’s Republic of China, Univest Securities, LLC, a New York limited liability company. (the “Underwriter”), having an address at 375 Park Avenue, Suite 1502, New York, NY 10152, and SIGNATURE BANK (the “Escrow Agent”), a New York State chartered bank, having an office at 950 Third Ave., 9th floor, New York, NY 10022. All capitalized terms not herein defined shall have the meaning ascribed to them in that certain Prospectus, dated March 28, 2019, including all attachments, schedules and exhibits thereto (the “Prospectus”).
NOTE PURCHASE AGREEMENTNote Purchase Agreement • September 22nd, 2025 • Paranovus Entertainment Technology Ltd. • Services-computer processing & data preparation • New York
THIS NOTE PURCHASE AGREEMENT (this “Agreement”), dated as of [ ], 2025 is entered into by and between PARANOVUS ENTERTAINMENT TECHNOLOGY LIMITED, a Cayman Islands company (“Company”), and the individual listed in Exhibit B hereto and who affixes his or her signature on the signature page of this Agreement (“Investor”).
SHARE PURCHASE AGREEMENTShare Purchase Agreement • March 3rd, 2025 • Paranovus Entertainment Technology Ltd. • Services-computer processing & data preparation • New York
This Share Purchase Agreement (this “Agreement”) is entered into as of February 28, 2025, by and among Paranovus Entertainment Technology Ltd., an exempted company incorporated in the Cayman Islands with limited liability (the “Buyer”), BOMIE WOOKOO INC., a corporation organized under the laws of New York (the “Company”), and ten stockholders of the Company (each, a “Seller”, collectively, the “Sellers”). The Buyer, the Company and the Sellers are sometimes referred to herein individually as a “Party” and collectively as the “Parties”.
PRE-FUNDED ORDINARY SHARE PURCHASE WARRANT PARANOVUS ENTERTAINMENT TECHNOLOGY LIMITEDPre-Funded Ordinary Share Purchase Warrant • June 16th, 2026 • Paranovus Entertainment Technology Ltd. • Services-computer processing & data preparation
THIS PRE-FUNDED ORDINARY SHARE PURCHASE WARRANT (the “Warrant”) certifies that, for value received, [HOLDER]. or its assigns (the “Holder”) is entitled, upon the terms and subject to the limitations on exercise and the conditions hereinafter set forth, at any time on or after the date hereof (the “Initial Exercise Date”) and until this Warrant is exercised in full (the “Termination Date”) but not thereafter, to subscribe for and purchase from Paranovus Entertainment Technology Limited., a company incorporated under the laws of the Cayman Islands (the “Company”), up to [ ] Class A ordinary shares, no par value per share (the “Ordinary Shares,” and such Ordinary Shares underlying this Warrant, subject to adjustment hereunder, the “Warrant Shares”) of the Company. The purchase price of one Ordinary Share under this Warrant shall be equal to the Exercise Price, as defined in Section 2(b).
SECURITIES PURCHASE AGREEMENTSecurities Purchase Agreement • June 16th, 2026 • Paranovus Entertainment Technology Ltd. • Services-computer processing & data preparation • New York
This Securities Purchase Agreement (this “Agreement”) is dated as of June 15, 2026 between Paranovus Entertainment Technology Ltd., an exempted company incorporated under the laws of the Cayman Islands (the “Company”), and each purchaser identified on the signature pages hereto (each, including its successors and assigns, a “Purchaser” and collectively the “Purchasers”).
NOTE PURCHASE AGREEMENTNote Purchase Agreement • November 19th, 2025 • Paranovus Entertainment Technology Ltd. • Services-computer processing & data preparation • New York
This Note Purchase Agreement (this “Agreement”), dated as of November 14, 2025 is entered into by and between Paranovus Entertainment Technology Limited, a Cayman Islands company (“Company”), and CHICSHAK INC, a New York company(“Investor”), being the entity listed in Exhibit B hereto, whose duly authorized representative affixes his or her signature on the signature page of this Agreement.