General terms and conditions of Sparissimo Holding LTD

These terms and conditions apply to all contracts entered into between us for the sale of products to you.

We would like to point out that when you order products from us or via our website sparissimo.com, you agree to these terms and conditions and the conditions contained therein which are expressly referred to herein.

A - INFORMATION ABOUT OUR COMPANY

1. We are Sparissimo Holding LTD, a company registered in England. We operate the websites www.sparissimo.com and www.sparissimofood.com.

2. If an order is placed or a contract is concluded, the contract or agreement with Sparissimo Holding LTD comes into effect. Domicile: Chaletweg 1, CH-8834 Schindellegi and Carpenter Court, 1 Maple Road, Bramhall, Stockport SK7 2DH, Great Britain UK, registration number 11408033, registry court Great Britain, email: info@sparissimo.com.

3. The contract language is German and only the German contract conditions will be recognized in a dispute.

B - CUSTOMER SERVICE

If you would like to contact us, please contact our customer service (general questions, complaints and objections). This is available on weekdays from 9:00 a.m. to 6:00 p.m. at the telephone number.

41 44 688 09 90 or by email “info@SPARISSIMO.com”.

C - OUR PRODUCTS

1. The presentation of the goods in our online shop does not constitute a legally binding contractual offer on our part; it is only a non-binding invitation to the consumer to order goods.

2. By ordering the desired goods, the consumer makes a binding offer to conclude a purchase contract.

3. When an order is received via our online shop, the following regulations apply: The consumer submits a binding purchase offer.

4. Delivery of all products depicted on the website is subject to availability. You will be informed by email as soon as possible if a product you have ordered is not available.

D - USE OF OUR WEBSITE

Your use of our website is subject to our Terms of Use.

E - HOW WE USE YOUR PERSONAL INFORMATION

We will only use your personal information in accordance with our privacy policy.

F - CONSUMER

1. Consumer is any natural and/or legal person who concludes a legal transaction for the purpose of purchase. Consumers may only order products via our website if they are at least 18 years old.

2. We intend to abide by these Terms and Conditions as well as the Privacy Policy, Cookies Policy and Terms of Use in relation to the contract between you and us. We only accept responsibility for our statements and statements on our website, and not for any statements or statements made by third parties.

3. Nothing in these terms and conditions affects your legal rights.

G. HOW THE CONTRACT BETWEEN YOU AND US IS FORMED

1. Your order via our website takes place in the following steps:

1) Selection of the desired goods

2) Confirm by clicking the “Order” button

3) Checking the information in the shopping cart

4) Confirmation button “checkout”

5) Register in the online shop after registering and entering the registration details (email address and password).

6) Re-checking or correcting the respective data entered.

7) Binding submission of the order by clicking the “Buy” button.

2. Before bindingly submitting the order, the consumer can correct input errors by pressing the "Back" button in the Internet browser he is using after checking his details and returning to the website on which the customer's details are recorded or cancel the ordering process by closing the internet browser. We confirm receipt of the order immediately by an automatically generated email, with which we accept your order.

3. Storage of the contract text for orders via our online shop: We save the contract text and send the order data. The General Terms and Conditions can also be accessed at https://sparissimo.com/agb.php.

H - OUR RIGHT TO CHANGE THESE TERMS AND CONDITIONS

1. We reserve the right to revise these terms and conditions at any time.

2. Changes will only be made if necessary due to a change in relevant laws and regulatory requirements, or to reflect a change in business processes or procedures.

3. Each time you order from us, the delivery terms and conditions in force at that time will apply to the contract between you and us.

I - DELIVERY

1. Unless otherwise stated in the product description, all items we offer are ready for immediate dispatch. In this case, delivery will take place within 5 working days at the latest. The delivery period begins after the advance payment,

i.e. on the day after the transfer by payment order to the designated bank and for all other payment methods on the day after the conclusion of the contract. If the deadline falls on a Saturday, Sunday or a public holiday at the delivery location, the deadline ends on the next working day.

2. The risk of accidental loss or accidental deterioration of the item sold during transport can only be taken into account when the item is handed over to the buyer or after the deadline has expired.

J - RETENTION OF TITLE

The ordered goods remain our property until the purchase price has been paid in full.

K - RIGHT OF WITHDRAWAL OF THE CUSTOMER AS A CONSUMER

The consumer has a right of withdrawal, which must be exercised within 14 days from the date of receipt of the goods. To comply with the deadline, all you have to do is send a notification by letter or email before the end of the cancellation period to exercise your right of cancellation.

L - OUR CANCELLATION RIGHTS

If we have to cancel an order for products before the goods are delivered, the following will apply:

1. We may have to cancel an order before the products are delivered because of an event beyond our control, such as force majeure, or because the goods are unavailable. In this case we will notify you immediately.

2. If we have to cancel an order in accordance with point L 1. and you have already paid in advance for products that could not be delivered to you, we will refund these amounts to you.

M - PRICES, SHIPPING COSTS, PAYMENT, DUE DATE

1. The prices stated include statutory sales tax (VAT) and other price components.

2. The consumer has the option of the following payment: advance payment, direct debit/transfer, credit cards (PayPal).

3. If the consumer has chosen to pay in advance, he undertakes to pay the purchase price immediately after conclusion of the contract.

N - WARRANTY

SPARISSIMO.com offers a platform for partner companies that allows customers to purchase from third-party online shops via Sparissimo.com. The shop owner’s statutory warranty applies.

Version: June 2023

MEMBER TERMS

SPARISSIMO would like to make your work as a member as successful, exciting and motivating as possible. That's why we don't want to spend too much time on the rules of the game. We have tried to make these general terms and conditions very lean and liberal, as well as easy to understand.

A - Scope

The term SPARISSIMO members/partners refers to both female and male people and is intended to make it easier to read.

1. The following terms and conditions are part of every SPARISSIMO member contract between Sparissimo Holding LTD, Carpenter Court, 1 Maple Road, Bramhall, Stockport SK7 2DH, Great Britain UK, registration number 11408033, registry court Great Britain.

2. SPARISSIMO provides services exclusively on the basis of these terms and conditions. Other agreements, deviations, additions or general terms and conditions of SPARISSIMO business partners require the express written consent of SPARISSIMO in advance.

B - Contract - Who can become a SPARISSIMO member?

1. Natural persons must have reached the age of 18.

2. If a legal entity or partnership (company/association) registers on SPARISSIMO, a copy of the relevant commercial register extract on registration as well as the sales tax identification number (UID) must be presented.

3. When registering companies and clubs, the company/club must be registered first and the associated members or employees in the first downline.

4. Order and application forms are considered part of the contract.

5. The continued existence of the SPARISSIMO membership in the event of a change in management of the natural person, company or association requires prior written notification to SPARISSIMO about the personnel change.

6. Valid bank details are a prerequisite for working as a SPARISSIMO member.

7. SPARISSIMO reserves the right to reject SPARISSIMO member applications at its own discretion without giving any reasons.

8. Every SPARISSIMO member can withdraw from their contractual declaration within 2 weeks without giving reasons by registered letter. The period begins on the day after the SPARISSIMO package purchase.

Only 50% of the package price will be refunded.

9. Customer protection lasts 30 days if a SPARISSIMO member reports an interested party using their referral link. After 30 days without registration, customer protection is no longer valid. There is no further claim.

10. In the event of contradictory, unclear or ambiguous member recommendations, SPARISSIMO reserves the right to decide on the assignment in individual cases.

11. After registering as a SPARISSIMO member, changing sponsors is no longer possible.

C – Rights and Responsibilities

1. The SPARISSIMO member is not entitled to territorial protection.

2. The SPARISSIMO member is obliged to protect his personal passwords and login IDs from access by third parties.

3. SPARISSIMO members undertake to observe the rights of third parties in their work, in particular competition law against competitors, copyright, personal rights and consumer protection rights. The distribution of SPARISSIMO excludes any unfair advertising, which includes, for example, misleading or harassment. Please always adhere to our official documents, also in your own interest.

4. Only members with SPARISSIMO partner status are allowed to visit restaurateurs and regional companies/clubs. To ensure the quality of the information, our SPARISSIMO partners must have completed and successfully completed the required training. Participation in ongoing product training is also necessary. In order to ensure the quality of information, the SPARISSIMO partner is obliged to know and use the information and tools available to them. When new SPARISSIMO partners make their first customer visits to restaurateurs or regional shops and clubs, it is recommended that they be accompanied by experienced sponsors (upline).

5. From SPARISSIMO partner status, customer protection is lifelong and can be inherited. Without information about the death of a SPARISSIMO partner by his survivors, within 6 months of his death, the financial benefits (commissions) arising from its structure and its members will be transmitted to Sparissimo Holding LTD. No legal recourse is possible beyond this period.

6. We are in partnership with PayrollPlus AG to offer our members a simple solution for tax declaration/commission submission. The commissions and the billing of social security contributions to the responsible authorities are carried out via PayrollPlus AG, Churerstrasse 160a, 8808 Pfäffikon SZ. This means both parties can benefit from advantageous conditions. PayrollPlus AG pays the wages (commission), so you don't have to take out your own insurance (UVG, KTG, BVG). AHV contributions, child allowances and any withholding taxes are also billed and paid and at the end of the year there is a wage statement for tax reporting. SPARISSIMO is and remains the debtor of the commissions, as PayrollPlus AG only transfers commissions on behalf of SPARISSIMO.

7. For members with existing companies, it is possible to invoice (commission claim) directly to Sparissimo Holding LTD. These members are responsible for billing/reporting to the social insurance companies (AHV, UVG, KTG, BVG, ...). The SPARISSIMO company distances itself from non-declarations by members on their own behalf.

8. In any labor law proceedings involving the self-employed person, regarding commissions, working time recording, and generally compliance with the employment contract, legal, possible GAV and NAV provisions, the self-employed person must sue SPARISSIMO and never PayrollPlus AG.

9. The SPARISSIMO member can avoid the risk of legal infringement by only making statements and using forms of advertising that are presented in official training measures or that are contained in the SPARISSIMO product information. SPARISSIMO provides verified marketing and sales documents. This protects the SPARISSIMO member from warnings and gives him security. The production, use and distribution of your own sales documents, your own product brochures or other independently created media and advertising materials is not permitted.

10. The SPARISSIMO member acts as an independent entrepreneur. He is not an employee, so there are no sales targets or delivery obligations. The SPARISSIMO member is responsible for compliance with the relevant legal provisions, including tax and social law requirements. The SPARISSIMO member declares all commission income, as well as other paid or free (equivalent monetary value) services, such as incentive profits, which he earns or has already earned as part of his work for SPARISSIMO, to be properly taxed at his place of residence or tax residence.

11. The SPARISSIMO member is not entitled to recommend products that deviate from the sales prices in the current price list.

12. The SPARISSIMO member may not give the impression in business transactions that he is acting on behalf of or in the name of SPARISSIMO. Rather, he is obliged to introduce himself as an independent SPARISSIMO member.

13. SPARISSIMO members are not allowed to respond to press and blogger inquiries about SPARISSIMO. The SPARISSIMO member is obliged to forward all press inquiries to SPARISSIMO immediately.

14. All advertising, training and film materials, etc. from SPARISSIMO are protected by copyright. They may not be reproduced or distributed, in whole or in part, without the express prior consent of SPARISSIMO. The use of SPARISSIMO brands is only permitted within the contractual framework and is only permitted with express consent. For example, SPARISSIMO members may not create or register their own material, websites, domains or advertisements without prior express written permission.

use or publish that bear or contain the name SPARISSIMO, the SPARISSIMO logo or another symbol of SPARISSIMO. Silence does not constitute consent by SPARISSIMO. SPARISSIMO Members acknowledge the exclusive copyright as well as the trademarks and other intellectual property rights associated with SPARISSIMO. SPARISSIMO reserves the right to revoke a granted authorization at any time without giving reasons.

15. Journalists, bloggers etc. should always be forwarded directly to SPARISSIMO. Any use of the SPARISSIMO logo and other protected advertising materials must be approved in writing by SPARISSIMO.

16. Receiving the SPARISSIMO newsletter by email is mandatory for SPARISSIMO members, as it contains important information for their activities. Due to this fact, SPARISSIMO members cannot unsubscribe from the SPARISSIMO newsletter and they have already given their consent in this regard.

17. There is prior, express and specific written permission to use any material protected by copyright or within the sphere of SPARISSIMO, the name SPARISSIMO, the SPARISSIMO logo or marks, images, sound and video recordings in print, electronic or other form from SPARISSIMO before, the SPARISSIMO member can use the released data as agreed.

18. The SPARISSIMO member is completely prohibited from accepting fees or other benefits of value from other SPARISSIMO members, provided they do not exceed a de minimis limit (e.g. for lectures, training courses, consultations, training courses, etc.). In the event of a first violation of the SPARISSIMO member's obligations regulated in these General Terms and Conditions, a written warning will be issued by SPARISSIMO, setting a deadline of 10 days to remedy the breach of duty, unless otherwise regulated in these General Terms and Conditions.

19. If the same or a similar violation occurs again after the deadline in accordance with paragraph (C 18.) has expired or if the originally warned violation is not remedied, SPARISSIMO is entitled to terminate the SPARISSIMO member extraordinarily. If necessary and depending on the type of violation, the SPARISSIMO member is obliged to pay an appropriate contractual penalty of 50% of the annual commission. The judicial right of moderation is excluded, to the extent permitted by law. SPARISSIMO reserves the right to assert further damages.

20. Regardless of the contractual penalty imposed, the SPARISSIMO member is also liable for all damages that SPARISSIMO incurs as a result of a breach of duty in accordance with these General Terms and Conditions, individual contractual agreements or the law, in particular also for lost profits, consequential damages, indirect damages and the issuance of prohibited fees or other monetary benefits were acquired against the provisions of the member contract, these general terms and conditions or the fee criteria.

21. The SPARISSIMO Member releases SPARISSIMO from liability in the event of a claim due to a breach of one of the obligations regulated in these General Terms and Conditions or any other breach by the SPARISSIMO Member of applicable law upon SPARISSIMO's first request. In particular, the SPARISSIMO member undertakes to cover all costs, in particular legal fees, court costs and compensation costs, that SPARISSIMO incurs in this context.

D - The SPARISSIMO Code of Conduct

1. We adhere to the codes of the following institutions: EHI Retail Institute GmbH (https://ehi-siegel.de/) and Trusted Shops GmbH (www.trustedshops.ch).

2. In business dealings, the SPARISSIMO member is not entitled to mention brands of competing companies negatively, disparagingly or in any other way that violates the law or to evaluate other companies negatively.

3. SPARISSIMO members are obliged to keep an eye on the good reputation of the SPARISSIMO brand at all times in the course of their work. In concrete terms, this means not to structure the activity aggressively, to respect no and not to exert any kind of pressure.

4. A SPARISSIMO member is not permitted to use official SPARISSIMO events for third-party purposes. For example, making direct or indirect contacts for other companies or sales systems, introducing other companies, etc. Our business works through a sustainable philosophy, a strong brand, and reputable advice. We

There is no need to criticize competitors or badmouth others. We respect it if someone does not want to become a customer or SPARISSIMO member. SPARISSIMO also sells so well.

5. In compliance with the relevant SPARISSIMO guidelines, as set out in the current SPARISSIMO documents, scripts and internet publications, the SPARISSIMO member is obliged to comply with SPARISSIMO's corporate mission statement (philosophy) in terms of appearance and serious, competent advice within the scope of his work .

6. SPARISSIMO members must never give the impression that the activity of a SPARISSIMO member is dependent. This applies, for example, to job advertisements, job advertisements, landing pages on the Internet, etc. Inviting people to job interviews is also prohibited. SPARISSIMO members are entrepreneurs, you don't find entrepreneurs through job advertisements.

E - Advertising materials & company appearance

1. All SPARISSIMO advertising materials are protected by copyright and are created exclusively by SPARISSIMO.

2. Advertising materials can be purchased in the SPARISSIMO online member shop (back office).

3. When purchasing further training packages, appropriate advertising materials are included.

F - Commissions and bonuses

1. All commission payments are based on the conditions of the package purchased.

2. SPARISSIMO is entitled to assert a right of retention within the framework of the legal requirements. In the event that SPARISSIMO exercises its right to withhold commission payments, it is agreed that the SPARISSIMO member is not entitled to any interest for the period in which the commission is withheld.

3. Assignments and pledging of claims of SPARISSIMO members from SPARISSIMO member contracts are excluded. Encumbering the contract with third party rights is not permitted.

4. Incorrect commissions, bonuses or other payments (too high or too low) must be reported to SPARISSIMO no later than 45 days after the incorrect payment. If the member deliberately fails to report incorrect payments to the detriment of SPARISSIMO, the member will be warned. In addition to the repayment, SPARISSIMO may take further steps depending on the situation.

5. Commissions are credited to members in the SPARISSIMO back office/cashback.

G – The activity and tasks

1. SPARISSIMO sponsors (upline) are not restricted in their other professional activities.

2. SPARISSIMO insists that its sponsors (members and partners), whenever possible, maintain contact with and support their team. This particularly affects the 1st and 2nd downlines.

Note: Users must be at least members to register partners.

3. The SPARISSIMO member contract is concluded for an indefinite period of time. SPARISSIMO is entitled to terminate the contract extraordinarily.

4. The sale or transfer, donation or similar forms of transfer of a SPARISSIMO membership to a third person must be submitted to SPARISSIMO by request so that the appropriate steps can subsequently be taken.

H – Termination and transfer of the contract

1. Only the rights from the partner contract or SPARISSIMO partner package can be inherited and commissions can continue to be claimed. Inheritance is excluded for members with member status.

2. Members who have been inactive for a year without having logged in to the back office will be contacted personally by post and email to clarify the situation. If you do not respond within 30 days, the account will be transferred to SPARISSIMO.

3. Proof of inheritance rights in court is crucial for proving inheritance. If several heirs want to take over the business, the requirements apply to each individual; the heirs must set up a company (GbR) to take over.

4. The effective transfer and takeover by the heirs by means of a contract requires the written approval of SPARISSIMO. Approval for takeover by the purchaser or heir is granted if, in order to protect SPARISSIMO, the SPARISSIMO partners and SPARISSIMO customers, the brand-appropriate support of existing customers and the downline can demonstrably be continued.

5. Other transfers are only possible for members with a business profile and only in the case of the sale of their business/restaurant. A transfer in this sense is when there is a change of control or a change of the beneficial owner as part of the transfer. If a business is liquidated or sold without a successor or takeover, the position is made inactive and its first downline takes over the inactive position (moved up).

6. When taking over a member position in the sales system, SPARISSIMO can make prior participation in official training courses a condition if the transferee or the person appointed cannot yet demonstrate any experience with SPARISSIMO and the distribution of SPARISSIMO.

7. When a partnership is transferred, there will be no changes within the existing structure. If an existing SPARISSIMO partner inherits an inheritance, they can keep and continue their existing partnership.

8. If SPARISSIMO becomes aware of the death of a partner member and does not claim an inheritance within a period of

6 months from the death of the partner member, the right to take over the partner contract or the heir waives the right to take over the contract, this contract will be taken over by SPARISSIMO after this period has expired.

9. The members and customers assigned to the partner member are taken over under the supervision of SPARISSIMO. Any outstanding claims at the time of termination due to death expire in their entirety upon expiry of this period, in favor of SPARISSIMO.

I - Termination of contract

1. SPARISSIMO reserves the right to terminate for an important reason.

2. The approval of compulsory enforcement against the SPARISSIMO member or, in the case of a bankruptcy petition against the SPARISSIMO member, the opening of bankruptcy proceedings against the SPARISSIMO member's assets or the rejection of a bankruptcy petition due to insufficient assets to cover costs, constitutes such an important reason. An important reason also exists in the case of conduct that is damaging to business or serious disruption of the relationship of trust with SPARISSIMO.

3. If a SPARISSIMO partner changes the legal form of their company after SPARISSIMO's consent, for example, the ownership and control relationships remain in place despite the change in legal form; this is not considered a transfer in the sense described here. The structures remain in place.

4. In the event of termination of a SPARISSIMO partner contract, the SPARISSIMO members of the departing SPARISSIMO partner, as well as the customers and interested parties acquired by the departing SPARISSIMO partner, will be assigned to the sponsor of the departing SPARISSIMO partner OR taken over by SPARISSIMO. Their support is regulated by SPARISSIMO.

5. Domains that contain the name SPARISSIMO or a trademark of SPARISSIMO may no longer be used after termination of the contract and must be offered to SPARISSIMO for takeover. Any termination also includes any personalized partner sites or desired domains. Please note that releasing the domains could result in trademark infringement to the detriment of SPARISSIMO.

J - Disclaimer & Privacy Policy

1. To the extent permitted by law, SPARISSIMO is only liable for damage other than injury to life, body and health if this is based on intentional or grossly negligent action by SPARISSIMO or its vicarious agents. Any further liability for damages is completely excluded. SPARISSIMO is not liable for its members; the independent partners are responsible for their own actions.

2. To the extent permitted by law, liability and the amount of damage remain limited to the typical damage generally foreseeable at the time the contract was concluded. SPARISSIMO is not liable for indirect or consequential damages and in particular not for lost profits.

3. The provisions of the Product Liability Act remain unaffected.

4. SPARISSIMO uses the data provided by the SPARISSIMO member (title, name, address, telephone number, mobile phone, email, bank details) in accordance with the provisions of applicable data protection law.

5. For the purpose of fulfilling the contract, namely for delivery or billing, the SPARISSIMO member's personal data will be forwarded to the freight forwarder or accounting department, for example, to the extent that this is necessary for fulfilling the contract. These third parties are also obliged to use the SPARISSIMO member's personal data exclusively in accordance with the provisions of applicable data protection law.

6. Upon termination and complete execution of the contract, which also includes full payment of the agreed fees, all of the SPARISSIMO partner's data that does not need to be retained for legal reasons will be deleted and will no longer be available for further use.

7. The SPARISSIMO member is entitled at any time, to the extent permissible, to request that his data be changed, blocked or deleted and to object to the use of his data for the purposes of transmitting information by SPARISSIMO.

8. Beyond the aforementioned data protection declaration, all personal data of the SPARISSIMO member transmitted to SPARISSIMO will not be made accessible to third parties without the latter's separate written consent, unless this must be done due to legal or official orders.

9. If the SPARISSIMO member requests further information about the storage of his personal data or the deletion, blocking or modification of his data, SPARISSIMO will fulfill everything within the framework of the applicable law.

K - Final provisions

1. SPARISSIMO is entitled to change the general terms and conditions and all documents at any time.

2. SPARISSIMO will announce changes with a reasonable period of notice, before they come into force, by letter or electronically to the address provided by the SPARISSIMO member. The SPARISSIMO member has the right to object to the change. If he does not object to the changed conditions within one month of notification, these contractual components will be accepted without objection.

3. In the event of an objection, SPARISSIMO is entitled to terminate the contract in compliance with the statutory deadlines.

4. Otherwise, changes or additions must be made in writing. This also applies to the lifting of the writing requirement.

5. If a clause of these General Terms and Conditions is ineffective or incomplete, the entire contract should not be ineffective. Rather, the ineffective clause should be replaced by one that is effective and comes closest to the economic meaning of the ineffective clause. The same should apply when closing a gap that requires regulation.

L – Non-disclosure agreement

Non-disclosure agreement between Sparissimo Holding LTD, Carpenter Court, 1 Maple Road, Bramhall, Stockport SK7 2DH, Great Britain UK and SPARISSIMO Member.

1. The parties intend to enter into contract negotiations regarding online marketing and distribution of their own products through SPARISSIMO and its members and have already concluded a corresponding contract together.

2. During the duration of the negotiations and during the execution of the order, respectively. Confidential information was exchanged between the parties in oral, written or electronic form. This particularly concerns information of a technical (drawings, samples, experiences, processes, etc.), commercial (competitors, manufacturers, customers, etc.) or organizational nature.

3. In order to protect the parties' interest in the confidentiality of the information exchanged, the parties undertake to use and keep secret all information received from the other party (intentionally or unintentionally) only for the purpose of joint cooperation, i.e. without the written consent of the other party not communicate to the party to third parties either verbally, in writing or in any other form. to make accessible. To protect confidential information, at least the same security measures must be applied as for your own confidential information.

The obligation of confidentiality does not apply to information:

- which are already publicly known;

- which becomes publicly known through no fault of the receiving party;

- which is already known to the receiving party before notification by the other party;

- which was communicated to the receiving party by a third party without being obliged by the latter to maintain secrecy;

- which has been developed or will be developed by the receiving party independently of the notification.

4. Recorded information must be returned to the other party immediately upon written request or destroyed. Information that is stored due to legal regulations or for quality assurance purposes cannot be returned. must be retained for warranty reasons.

5. The obligation to maintain confidentiality ends 5 years after completion of the order. after the contract negotiations were broken off. The duration can be changed by mutual written agreement.

6. If subcontractors or other third parties are involved to carry out orders, SPARISSIMO undertakes to conclude an agreement with these persons with the same confidentiality conditions as those contained in this contract.

7. The breach of the confidentiality obligation, the resulting damage and the fault must be proven by the claimant and the cooperation will be terminated with immediate effect.

8. Changes or additions to this confidentiality agreement must be made in writing.

9. This agreement is governed by English law. The parties agree that the ordinary courts have jurisdiction as the exclusive place of jurisdiction.

M - Applicable law/place of jurisdiction

1. English law applies. Mandatory provisions of the country in which the SPARISSIMO member has his or her habitual residence remain unaffected.

2. The place of performance and the exclusive place of jurisdiction for disputes arising from this contract is the registered office of SPARISSIMO.

Version: June 2023