Offer Letter, dated April 22, 2024, by and among HF Foods Group Inc. and Cindy Yao

HF Foods Group, Inc. (hereinafter, the “Company”) is pleased to extend an offer of employment to you for the position described below and based upon the terms outlined. Please take the time necessary to read this offer of employment in its entirety and contact me with any questions concerning its contents.

Your employment as Chief Financial Officer with the Company will commence on or before May 1, 2024.

Your work site is located at the Company office in Las Vegas, Nevada. You will report directly to Peter Zhang, Chief Executive Officer.

Your employment classification is defined as Salary and Exempt from overtime.

Severance:     You will be eligible for six months of severance pay equal to one half (1/2) times your base salary. After eighteen months of continuous service to the Company, you will be eligible for “C-Suite” severance benefits in the HF Foods Group Severance Plan. Those benefits include payment of 1x Base Salary for termination without cause, or termination for good reason, and 3x Base Salary for a termination by the Company or acquiring party in conjunction with a change in control. Details on the benefits and restrictions are set forth in the Plan, a copy of which will be provided to you. For the avoidance of doubt, you will waive any rights to participate in the HF Foods Group Severance Plan until you have achieved eighteen months of continuous service with the Company.

Information pertaining to benefit options and eligibility provisions, such as health insurance and 401(k) enrollment, will be provided upon hiring. The Company will reimburse you for any COBRA payments you make to retain your current healthcare coverage until you are eligible to join the Company’s healthcare coverage.

We will provide you with the Company Employee Handbook at your orientation. You are required to review the Employee Handbook in its entirety and sign the acknowledgement. We ask that you abide by the policies and procedures set forth in this Handbook, bringing any questions or comments to the attention of either your supervisor or a Human Resources representative.

The Company will promptly reimburse you for any expenses incurred in connection with the performance of your job duties.

Your offer of employment by the Company is contingent upon receiving the following documentation:

    Signed offer letter

Signed Acknowledgement that you have reviewed the Employee Handbook within three (3) days of your date of hire

Submitting documentation within three (3) days of your date of hire, to satisfy U.S. employment eligibility requirements in accordance with federal law

Your employment with the Company is defined as “at-will”. Both you and the Company may decide to terminate the employment relationship at any time, for any reason or no reason, with or without cause or prior notice from either you or the Company.

If this offer of employment is not accepted by you on or before the end of business on April 23, 2024, it will be subject to revocation by the Company.

If you understand and agree to the terms set forth in this offer of employment, please sign both copies where indicated and return one original letter to me. Please retain one original copy of this offer letter for your files.

Please contact me should you have any questions. We are excited and look forward to having you on our team.

Sincerely,