AGREEMENT FOR THE OPENING AND MANAGEMENT OF MONO-BRAND STORES

In addition to the preamble , this document contains the following sections :

1.     Definitions and interpretation

2.     Scope of the agreement

3.     Set up and furnishing of the stores

4.     Management of the stores

5.     Use and protection of the trademark

6.     Products and delivery

7.     Product presentation

8.     Minimum purchase and purchase orders

9.     Prices and payments

10.  Terms and termination

11.  Effects of termination

12.  Personal nature of the relationship

13.  Information and reporting

14.  Confidentiality and announcement

15.  No partnership or agency

16.  Advertising and promotional materials

17.  force majeure

18.  Costs

19.  severability

20.  Amendments and waiver

21.  Notices

22.  Negotiation of the agreement

23.  Language, governing law and jurisdiction

Jurisdiction

This document is intended for use in the United Arab Emirates.

Before Execution

- The information on this front page or contained in the headers and footers of this instrument are for guidance purposes only.

- Please delete this front page together with the information contained in the headers, footers and the endnotes prior to circulating this letter. Where square brackets […] and highlights are used in the document, it indicates that there is missing or incomplete information which will need to be incorporated prior to signature.

- Please remove the square brackets and all highlighting prior to signature.