NOBLE TRUST COMPANY LIMITED

GENERAL TERMS OF BUSINESS

1. Definitions and interpretation

The following definitions and rules of interpretation shall apply:

1.1 “Agent” means any person appointed by a Client as agent, advisor or other intermediary
for that Client and who interacts with any Group Company on behalf of the Client in
connection with the Services;

1.2 “Client” means the person or persons to whom any Group Company has agreed to
provide Services;

1.3 “Companies Law” means the Companies (Guernsey) Law, 2008;

1.4 “General Terms of Business” means the general terms of business set out in this
document;

1.5 “Group Company” means:

(a) NTCL;
(b) any subsidiary companies of NTCL (as defined in section 531 of The
Companies Law);
(c) any holding company of NTCL (as defined in section 531 of the Companies
Law);
(d) any associated company of NTCL (as defined in section 529 of the Companies
Law);

(and “Group Companies” shall be construed accordingly);

1.6 “Liabilities” means all liabilities, costs, expenses, damages, losses and Tax Liabilities
including any direct, indirect or consequential losses, loss of profit, loss of reputation
and all interest, penalties and legal and other professional costs and expenses;

1.7 “Indemnified Persons” means each Group Company and the directors, officers and
employees of each Group Company and each of them and the respective heirs,
successors, personal representatives and the estates of such directors officers and
employees and each of them;

1.8 “Services” means the services to be provided by a Group Company to, on behalf of or
for the benefit of the Client as detailed in the Terms of Engagement;

1.9 “NTCL” means Noble Trust Company Limited;

1.10 “Tax Liabilities” means any tax liabilities, interest or penalties in any jurisdiction
whether or not legally enforceable against a Group Company;

1.11 “Terms of Engagement” means any terms agreed between the Client (or an Agent on
behalf of the Client) under which a Group Company is instructed to provide Services to,
on behalf of or for the benefit, of the Client and incorporates, the Letter of Engagement
and these General Terms of Business;

1.12 a reference to a party means the Client or NTCL (as the case may be);

1.13 a reference to a statute or statutory provision is a reference to it as amended, extended or
re-enacted from time to time; and

1.14 clause headings shall not affect the interpretation of the Terms of Engagement.

2. Services

2.1 The Services shall be provided to the Client by NTCL and or a Group Company (or
Group Companies, as appropriate) as set out in the Terms of Engagement. Services may
be outsourced to affiliated companies and/or third parties at NTCL’s sole discretion.

2.2 No Group Company provides tax, legal or investment advice and the Client
acknowledges that the Client is not relying on any Group Company for the provision of
such services.

2.3 Each Group Company may take such tax, legal or investment advice in relation to the
Services as its directors, officers and employees consider appropriate in the
circumstances and the Client shall be responsible for any professional fees or expenses
incurred by any such Group Company.

3. Fees and expenses

3.1 The fees to be charged for the Services shall be as set out in the Terms of Engagement.

3.2 Each Group Company may require the Client to reimburse it for any third party
expenses or costs incurred by the Group Company in the provision of the Services.

3.3 Each Group Company reserves the right to submit invoices in writing, by facsimile or by
e-mail.

3.4 Invoices for fees and expenses are payable within 14 days of receipt.

3.5 In the event that an invoice remains unpaid for more than 30 days after the date of issue
interest shall accrue from that date on the balance outstanding at 5% per annum above
the Bank of England Base Rate from time to time until such time as full and final
settlement of the invoice is made.

3.6 Each Group Company is entitled to recover from the Client on demand on a full
indemnity basis all costs and expenses (both before and after judgment) as are incurred
by such Group Company in securing payment of its fees and expenses.

4. Instructions

4.1 In the provision of the Services any Group Company may accept instructions from and
communicate with a Client by e-mail, by facsimile transmission, in writing or by
telephone or IT-communications.

4.2 The Group Companies and their directors, officers and employees are under no
obligation to verify the validity of any instructions, requests or directions made by the
Client or an Agent.

4.3 The Group Companies and their directors, officers and employees shall reserve the right
to obtain an instruction confirmation from the Client by e-mail or by telephone as they
may consider appropriate.

4.4 No Group Company shall be liable for any Liabilities for:

(a) acting in response to instructions, requests or directions which purportedly
originate from the Client or an Agent; or

(b) the non-receipt of any instructions, requests or directions; or

(c) any breach of confidentiality occasioned by communicating with the Client by
e-mail, facsimile or by telephone.

5. Indemnity

5.1 The Client shall release the Indemnified Persons from and indemnify the Indemnified
Persons against all Liabilities suffered or incurred by the Indemnified Persons in
providing the Services provided that this indemnity shall not apply to any Liabilities
occasioned by the fraud or wilful misconduct or gross negligence of such Indemnified
Person.

5.2 The release and indemnity set out in clause 5.1 shall survive the termination of the
Terms of Engagement.

6. Representations and warranties

6.1 The Client represents and warrants to each Group Company that:

(a) all information and documentation provided by the Client (or an Agent on the
Client's behalf) to each Group Company is materially accurate and truthful;

(b) any funds to be transferred to a Group Company by the Client are not derived
from any activities that contravene (or would contravene if carried out in
Guernsey) anti-money laundering laws or regulations in Guernsey or in any
other relevant jurisdiction;

(c) the Client agrees to provide any information deemed necessary by any Group
Company to comply with the Group Company's anti-money laundering
programs and related responsibilities from time to time (including for the
avoidance of doubt but without limitation pursuant to the US Foreign Account
Tax Compliance Act, any intergovernmental agreements related thereto and to
any domestic legislation enacted pursuant to other relevant intergovernmental
agreements);

(d) the Client has taken such tax advice in such jurisdictions as the Client considers
necessary in order to properly consider the tax implications of the Group
Companies providing the Services to the Client; and

(e) the Client has read and fully understood the Terms of Engagement (including,
for the avoidance of doubt, these General Terms of Business).

6.2 NTCL represents and warrants to the Client that:

(a) it is duly incorporated and in good standing in Guernsey;

(b) it is duly licensed by the Guernsey Financial Services Commission to provide the
Services (to the extent the Services constitute a regulated activity in Guernsey);
and

(c) it maintains (or is part of a group which maintains) professional indemnity
insurance in accordance with the requirements set out in the Guernsey Financial
Services' Code of Conduct for Trust Service Providers;

(d) all the Group Companies are duly licensed / regulated to provide the Services in
each of the jurisdictions in which the Services are offered; and

(e) all the Group Companies maintain (or are part of a group which maintains)
professional indemnity insurance in accordance with the applicable legal
requirements.

7. Termination

7.1 The Client may terminate the Terms of Engagement with three months' (3) prior written
notice to NTCL.

7.2 NTCL may terminate the Terms of Engagement with one month's (1) prior written
notice to the Client.

7.3 Each Group Company reserves the right to cease to provide Services and to terminate
the Terms of Engagement if an invoice remains outstanding for more than 60 days. In
such circumstances, each Group Company may make such arrangements for the
administration of the Client's affairs as it considers necessary which may include (without
limitation) finding a replacement service provider or distributing any assets held by a
Group Company (whether in a fiduciary capacity or otherwise) to the Client.

7.4 Either party may terminate the Terms of Engagement with immediate effect by giving
written notice to the other party if the other party commits a material breach of the
Terms of Engagement (which shall include a breach of the representations and
warranties set out at clause 6 above) and (if such breach is remediable) fails to remedy
that breach within 14 days after being notified in writing to do so.

7.5 Each Group Company shall continue to be entitled to remuneration for its Services and
reimbursement for its expenses following the termination of the Terms of Engagement
for any additional work it is required to carry out in relation to the Client's affairs.

8. Complaints

8.1 NTCL takes all complaints very seriously. Any complaints should be formally
documented in writing and submitted to a director of NTCL. NTCL will acknowledge
the complaint within 14 days of receipt and will respond in a timely manner.

8.2 In the event that the director is unable to resolve the complaint to the Client's
satisfaction, the Client should contact the Managing Director.

9. Anti-money laundering

9.1 The Client agrees to provide NTCL with such due diligence information and
documentation as it may require to enable it to comply with its obligations under:

(a) The Criminal Justice (Proceeds of Crime)(Financial Services
Businesses)(Bailiwick of Guernsey) Regulations, 2007 (as amended);

(b) the Handbook for Financial Service Businesses on Countering Financial Crime
and Terrorist Financing; and
(c) any other applicable legislation, regulation or guidance from time to time.

9.2 The Client agrees to provide each Group Company with such due diligence information
and documentation as each Group Company may require to enable it to comply with its
obligations under its applicable Anti-Money Laundering Legislation or the regulations of
its Self-Regulatory Organisation pursuant to the Anti-Money Laundering Act.

9.3 The Client acknowledges and agrees that the obligation to provide due diligence
information under clause 9.1 and clause 9.2 is a continuing obligation and that each
Group Company may require such further due diligence information or documentation
as it considers necessary from time to time.

10. Confidentiality

10.1 The Group Companies shall use reasonable endeavours to protect any confidential
information concerning the Client and shall not disclose such information to any person
except as permitted by clause 10.2.

10.2 Each Group Company may disclose confidential information relating to the Client to:

(a) its officers, directors, employees, representatives or advisers who need to know
such information for the purposes of carrying out its obligations under the
Terms of Engagement;

(b) as may be required by applicable law, court order, judicial process or any
governmental or regulatory authority in any relevant jurisdiction;

(c) to any service provider who requires the provision of such information as part
of providing services to any Group Company; and

(d) any person with the prior authorisation of the Client or the Agent.

10.3 Each Group Company shall keep and preserve such records and documents as shall be
necessary for it to reasonably comply with its obligations under applicable law.

11. Data protection

11.1 The Client consents to NTCL procuring, holding and otherwise processing the Client's
personal data and sensitive personal data in accordance with the provisions of the Data
Protection (Bailiwick of Guernsey) Law 2001.

11.2 The Client consents to any Group Company procuring, holding and otherwise
processing the Client's personal data and sensitive personal data in accordance with the
provisions of the applicable legislation on Data Protection.

12. Document retention

12.1 NTCL shall keep and preserve such records and documents as shall be necessary for it
to reasonably comply with its obligations under The Regulation of Fiduciaries,
Administration Businesses and Company Directors, etc. (Bailiwick of Guernsey) Law,
2000, the Code of Practice for Trust Service Providers, The Code of Practice for
Company Service Providers, the Code of Practice for Foundation Services Providers,
The Criminal Justice (Proceeds of Crime)(Financial Services Businesses)(Bailiwick of
Guernsey) Regulations, 2007 and any other applicable legislation or regulations.

12.2 Each Group Company shall keep and preserve such records and documents as shall be
necessary for it to reasonably comply with its obligations under the applicable legislation
of its jurisdiction.

13. Variation

13.1 NTCL reserves the right to vary these General Terms of Business at any time.
13.2 If there is any variation to these General Terms of Business, NTCL will:

(a) publish the varied General Terms of Business at
www.nobletrustcompany.com/terms; and

(b) to the extent that, in the reasonable opinion of NTCL, the variation materially
affects the interest of any Client, give notice of that variation to that Client.

14. Miscellaneous

14.1 No failure or delay by any Group Company to exercise any right or remedy provided in
the Terms of Engagement or by law shall constitute a waiver of that or any other right or
remedy, nor shall it preclude or restrict further exercise of that or any other right or
remedy. No single or partial exercise of such right or remedy shall preclude or restrict
the further exercise of that or any other right or remedy.

14.2 No Group Company shall be in breach of the Terms of Engagement nor liable for delay
in performing, or failure to perform, any of its obligations under the Terms of
Engagement if such delay or failure results from events, circumstances or causes beyond
such Group Company's reasonable control.

14.3 The Client shall not assign, transfer or deal in any other manner with any of its rights
and obligations under the Terms of Engagement without the prior written consent of
the other party. NTCL may assign, transfer or deal in any other manner with its rights
and obligations under the Terms of Engagement as it deems advisable to provide the
Services contracted hereunder.

14.4 The Terms of Engagement constitute the entire agreement between NTCL and the
Client and supersede all previous agreements, arrangements and understandings between
them, whether written or oral. Any modification of the Terms of Engagement shall be
valid only if agreed to in writing by both parties.

14.5 If any court or competent authority finds that any provision or part of any provision of
the Terms of Engagement is invalid, illegal or unenforceable, that provision or partprovision
shall, to the extent required, be deemed to be deleted, and the validity and
enforceability of the other provisions of the Terms of Engagement shall not be affected.

14.6 If any invalid, unenforceable or illegal provision of the Terms of Engagement would be
valid, enforceable and legal if some part of it were deleted, the provision shall apply with
the minimum modification necessary to make it legal, valid and enforceable.

15. Governing law and jurisdiction

15.1 The Terms of Engagement between each Client and NTCL when providing Services
shall be governed by the laws of Guernsey, excluding any conflict of law provisions and
the Client shall irrevocably submit to the jurisdiction of the courts of Guernsey.

15.2 NTCL may also bring any action against the Client in any other court having jurisdiction,
be it in Guernsey or abroad.