GENERAL TERMS AND CONDITIONS NEW AMSTERDAM LEGAL B.V.

1.These general terms and conditions

apply to all assignments to New Amsterdam Legal B.V. (NAL). Persons authorized by NAL to accept assignments on its behalf shall hereinafter be referred to as “partner”.

2.All client assignments are considered  

to have been given to NAL, also in the event that it is the explicit or implicit intent that the assignment be performed by a specific person affiliated to NAL. Article 7:404 of the Dutch Civil Code shall not apply. The term “person affiliated to NAL” includes employees, advisors, partners and shareholder of NAL.

3.If in connection with the performance

of a client assignment, an event should occur which leads to the liability of NAL, such liability shall be limited to the amount or amounts paid out, if any, under NAL’s professional

liability insurance including NAL’s deductible as stated under this insurance. Such event shall also include a failure to act. In the event that, by or in connection with the performance of a client assignment or otherwise, damage, for which NAL is liable, is caused to persons or property, such liability shall be limited to the amount or amounts covered by third-party indemnity insurance including NAL’s deductible as stated under this insurance.

4.Each claim for damages will

lapse one year after the start of the day, following the day on which the client has become known with the damages and with NAL as liable party.

5.In the event that NAL engages

a non-affiliated person in connection with the performance

of a client assignment, NAL shall not be liable to the client for any errors of such person. By giving an assignment to NAL, the client authorises NAL to accept on the client’s behalf any limitation of liability requested by such non-affiliated person.

6.If in connection with the performance

of a client assignment a third party claims damages from NAL, the client shall compensate NAL for all costs related thereto, including legal costs, penalties and damages that NAL is ordered to pay, except to the extent that NAL is reimbursed for such costs under an insurance policy.

7.The limitation of liability and

rights to compensation contained in these general conditions also apply to each person affiliated to NAL, persons affiliated to NAL in the past and to successors under universal title of succession of such persons. The aforementioned persons may invoke these general terms and conditions.

8.NAL may in view of the

performance of assignments, keep third-party monies in custody.

9. As a result of applicable regulations

(including The Act on the Prevention of Money Laundering and Financing of Terrorism (Wet ter voorkoming van witwassen en financieren van terrorisme) NAL is obliged to establish the identity of its clients and, under certain circumstances, to report unusual transactions to the authorities. By giving an assignment to NAL, the client confirms to be aware thereof and, to the extent necessary, to consent thereto.

10.The relationship between NAL

and its clients shall be governed by Dutch law. Any disputes between NAL and a client shall be exclusively decided upon the competent court in Amsterdam, the Netherlands.

11.These general terms and conditions

are available in both the Dutch and English language. In the event of any dispute arising as to the contents or purport of these general terms and conditions, the Dutch language version shall prevail.

GENERAL TERMS AND CONDITIONS NEW AMSTERDAM LEGAL B.V.

1.These general terms and conditions

apply to all assignments to New Amsterdam Legal B.V. (NAL). Persons authorized by NAL to accept assignments on its behalf shall hereinafter be referred to as “partner”.

2.All client assignments are considered  

to have been given to NAL, also in the event that it is the explicit or implicit intent that the assignment be performed by a specific person affiliated to NAL. Article 7:404 of the Dutch Civil Code shall not apply. The term “person affiliated to NAL” includes employees, advisors, partners and shareholder of NAL.

3.If in connection with the performance

of a client assignment, an event should occur which leads to the liability of NAL, such liability shall be limited to the amount or amounts paid out, if any, under NAL’s professional liability insurance including NAL’s deductible as stated under this insurance. Such event shall also include a failure to act. In the event that, by or in connection with the performance of a client assignment or otherwise, damage, for which NAL is liable, is caused to persons or property, such liability shall be limited to the amount or amounts covered by third-party indemnity insurance including NAL’s deductible as stated under this insurance.

4.Each claim for damages will

lapse one year after the start of the day, following the day on which the client has become known with the damages and with NAL as liable party.

5.In the event that NAL engages

a non-affiliated person in connection with the performanceof a client assignment, NAL shall not be liable to the client for any errors of such person. By giving an assignment to NAL, the client authorises NAL to accept on the client’s behalf any limitation of liability requested by such non-affiliated person.

6.If in connection with the performance

of a client assignment a third party claims damages from NAL, the client shall compensate NAL for all costs related thereto, including legal costs, penalties and damages that NAL is ordered to pay, except to the extent that NAL is reimbursed for such costs under an insurance policy.

7.The limitation of liability and

rights to compensation contained in these general conditions also apply to each person affiliated to NAL, persons affiliated to NAL in the past and to successors under universal title of succession of such persons. The aforementioned persons may invoke these general terms and conditions.

8.NAL may in view of the

performance of assignments, keep third-party monies in custody.

9. As a result of applicable regulations

(including The Act on the Prevention of Money Laundering and Financing of Terrorism (Wet ter voorkoming van witwassen en financieren van terrorisme) NAL is obliged to establish the identity of its clients and, under certain circumstances, to report unusual transactions to the authorities. By giving an assignment to NAL, the client confirms to be aware thereof and, to the extent necessary, to consent thereto.

10.The relationship between NAL

and its clients shall be governed by Dutch law. Any disputes between NAL and a client shall be exclusively decided upon the competent court in Amsterdam, the Netherlands.

11.These general terms and conditions

are available in both the Dutch and English language. In the event of any dispute arising as to the contents or purport of these general terms and conditions, the Dutch language version shall prevail.