General terms and conditions

General terms and conditions Gyömörei Attorneys at Law and Tax Advisers

1.    Applicability
       1.1 These General Terms and Conditions apply to all assignments to Gyömörei Attorneys
             at Law and Tax Advisers (“Gyömörei”).

       1.2 The Client accepts that in the execution of the assignment Gyömörei is bound by              professional codes of conduct applicable to Gyömörei and hereby declares that he
             will always respect Gyömörei's obligations arising from such codes.

       1.3 Pursuant to applicable legislation (including the Act on the Prevention of Money
             Laundering and Terrorist Financing(Wet ter voorkoming van witwassen en financieren
             van terrorisme), Gyömörei is obliged to verify the identity of its clients and to report
             certain unusual transactions to the authorities in certain circumstances. By instructing
             Gyömörei, clients confirm that they are aware of this obligation and give their
             permission, insofar as this is required.

       1.4 The Dutch text of these General Terms and Conditions shall prevail in the event of
             any differences between the English text and the Dutch text.

2.    Cooperation of Client
       2.1 The Client shall make all data and documents available in time and in the most
             appropriate form and manner required by Gyömörei to properly execute
             the assignment granted.

       2.2 The Client shall inform Gyömörei immediately about any facts and circumstances that
             might be relevant to the execution of the assignment.

3.    Fees
       3.1 Unless otherwise agreed, the fees will be calculated based on the number of hours
             worked multiplied by the hourly rates to be determined periodically by Gyömörei.
             Gyömörei is at any time entitled to amend the hourly rates. Any disbursements paid
             for the benefit of the Client will be passed on. Disbursements already paid but not yet
             invoiced will be charged upon receipt of the invoices concerned. A percentage of 7%
             of the fees will be charged for general office expenses.

       3.2 Gyömörei’s fees increased by general office and other expenses and notes of fees of
             third parties and turnover tax, where applicable, will be invoiced to the Client on a
             monthly basis unless where otherwise agreed.

4.    Payment
       4.1 Payment of the notes of fees shall be made by the Client within 15 days of invoice,
             unless otherwise agreed in writing. Any reliance on setoff is excluded. Objections to
             the amounts invoiced do not suspend the payment obligation.

       4.2 If the client fails to pay one or several notes of fees of Gyömörei in time or in full,
             Gyömörei shall have the right to suspend further execution of the assignment. Also, in
             the event of late payment the client will be liable to pay the statutory interest accrued
             since the due date, and the extrajudicial collection costs incurred by Gyömörei with a
             minimum of € 500,-.

       4.3 If in Gyömörei’s opinion the Client's financial position or payment behavior so justifies,
             Gyömörei shall have the right to demand that the Client provide security immediately
             in a form to be determined by Gyömörei and/or pay an advance. If the Client fails to
             provide said security, Gyömörei shall, without prejudice to its other rights, have the
             right to immediately suspend further execution of the assignment and any sums
             payable by the Client to Gyömörei on whatever account shall become payable

       4.4 Gyömörei shall at all times have the right to demand advances for work to be done or
             expenses to be incurred.

5.    Liability
       5.1 Gyömörei shall carry out its work to the best of its ability and in doing so exercise the
             due care to be expected of Gyömörei. If an error is made due to incorrect or
             incomplete information provided by the Client, Gyömörei shall not be liable for any
             damage or loss caused by such error.

       5.2 If, in the course of an assignment, an event occurs that could lead to any liability on
             the part of Gyömörei, such liability shall be limited to the amount that is paid out in
             that specific case under the professional liability insurance of Gyömörei.

       5.3 If Gyömörei is liable for damages to persons or property, such liability shall be limited
             to the amount paid out in that specific case under the general professional corporate
             liability insurance (AVB) of Gyömörei.

       5.4 If, for whatever reason, no amount is paid out under either of the abovementioned
             insurances, the liability of Gyömörei shall be limited to a maximum of € 25,000,-.

       5.5 Claims for damages shall expire after a period of one year from the day following the
             day on which the client became aware of the damages and of Gyömörei as the liable

       5.6 If Gyömörei engages a person not associated with Gyömörei to perform an
             assignment from a client, Gyömörei shall not be liable vis-à-vis the client for any error
             or omission (fout) made by such person. By instructing Gyömörei, the client gives
             Gyömörei authority to accept on behalf of the client a limitation of liability stipulated by
             such person.

       5.7 In the performance of assignments received from clients, Gyömörei and Stichting
             Beheer Derdengelden Gyömörei Advocaten
may receive monies from clients or third
             parties. Gyömörei and Stichting Beheer Derdengelden Gyömörei Advocaten shall
             deposit such monies with a bank chosen by Gyömörei in consultation with interested
             parties. Gyömörei and Stichting Beheer Derdengelden Gyömörei Advocaten shall not
             be liable if the bank chosen fails to fulfill its obligations.

6.    Applicable Law and Competent Court
       6.1 The legal relationship between the Client and Gyömörei shall be governed
             exclusively by and construed in accordance with the laws of the Netherlands.

       6.2 Disputes shall be submitted to the exclusive jurisdiction of the competent court in the
             Hague, the Netherlands.