ETHICAL RULES

AND

GENERAL TERMS FOR DISTRIBUTION PARTNERS

I . ETHICAL RULES

On behalf of our company we welcome you as a new contractual partner (hereinafter: Distribution
Partner) and wish you the best possible success for your activity as independent Distribution
Partner of ULTIMA BUSINESS LTD, Kingstown, St. Vincent and the Grenadines, Business
Company Number: 26483 BC 2021. In addition, we in particular hope that you will enjoy the
distribution of our goods (our goods are listed under Section 2 of the General Terms for
Distribution Partners). Customer convenience, consumer safety, integrity, fair cooperation, and
compliance with laws and common decency are top priorities in the distribution of our goods and
contact with other people. This pertains to the overall environment of network marketing.

Therefore we ask that you thoroughly read and stay in strictly compliance with the following
ethical rules as well as our General Terms for Distribution Partners and use them as a daily motto
when exercising your activity:

Ethical rules for dealing with Users

Our distribution partners advise the Users honestly and sincerely and clarify
possible misunderstandings regarding goods, the business opportunity, or other
statements during a consultation.
A sales conversation will be canceled, rescheduled, or a meeting already
commenced will be closed in a friendly manner upon the customer’s request.
During applicable Terms and Conditions of Ultima Business, the Distribution Partner will
inform the User of all matters pertaining to the goods (e.g. intended purpose, qualities, use) or the
distribution option upon the consumer’s request.
All information regarding the goods must be comprehensive and truthful.
The User will not be prompted to purchase products on the basis of dubious
and/or misleading promises or promising special advantages if these advantages are
linked to future uncertain success.
A Distribution Partner is not authorized to disclose information regarding its
remuneration or potential remuneration of other distribution partners. A Distribution
Partner is furthermore not authorized to guarantee remuneration or raise any related
expectations.
A Distribution Partner is not authorized to assert that the remuneration plan or the Goods
of ULTIMA BUSINESS are approved or permitted or supported by a federal authority.

Ethical rules for dealing with Distribution Partners

Distribution Partners always are fair and respectful toward one another. This also
applies to dealing with distribution partners of other network marketing companies,
online distributors, or other direct marketers.
New Distribution Partners will be informed truthfully of their rights and obligations.

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Any information regarding possible revenue and income opportunities must be
omitted.
Verbal assurances regarding the Goods of ULTIMA BUSINESS are prohibited.
Distribution Partners are not authorized to recruit distribution partners of other
companies. Distribution Partners are furthermore not authorized to incite other
distribution partners to change a sponsor within ULTIMA BUSINESS.
The obligations of Sections 7-10 of the following General Terms for Distribution
Partners must always be complied with as ethical rules.

Ethical rules for dealing with other companies

Distribution partners of ULTIMA BUSINESS are always fair and honest toward other
companies in network marketing, social selling, or other debt direct network
marketing areas.
Systematic recruitment of distribution partners of other companies is prohibited.
Degrading, misleading, or dishonest comparable statements about goods or
The participation in distribution systems of other companies competing with us is
prohibited.
Subject to these ethical rules of our company we now would like to share with you the
General Terms for Distribution Partners of ULTIMA BUSINESS.

II . GENERAL TERMS FOR DISTRIBUTION PARTNERS

Sec. 1 Area of applicability

(1) The following Terms and Conditions are a component of every Distribution Partner agreement
between ULTIMA BUSINESS LTD, Kingstown, St. Vincent and the Grenadines, Business
Company Number: 26483 BC 2021 (hereinafter: ULTIMA BUSINESS), email
[email protected] and the independent and self-employed contractual partner, affiliate,
partner program participant, or team partner (hereinafter: Distribution Partner).

(2) ULTIMA BUSINESS provides its services exclusively on the basis of these General
Terms for Distribution Partners which shall be applicable in any relationship between ULTIMA
BUSINESS and Distribution Partner.

Sec. 2 Subject matter of the agreement, equipment package, and additional services

(1) ULTIMA BUSINESS is an innovative company providing a highly sophisticated and novel
concept of a decentralized network server farm, special software units for minting chain-based
digital units tradable within the ULTIMA BUSINESS and related cryptosystems (so-called
“Cryptocoins”). Within the scope of this activity, ULTIMA BUSINESS provides to its customers
server capacities and/or proprietary, specially developed network software products for the
minting of Cryptocoins arranged by users themselves against payment.

High-quality software products (e.g. a proprietary e-wallet), access to the services are also
provided for the above-stated purposes. ULTIMA BUSINESS furthermore offers the Ultima Farm
software (as well as the Wallet App corresponding to the software) with which customers can

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generate the cryptocurrency. With this linking of software and infrastructure, new Cryptocoins are
generated in the block chain through the process of minting.
All above-stated goods and service offers are jointly hereinafter referred to as “Goods”
and are exclusively distributed through a direct marketing channel.

Express reference is made that ULTIMA BUSINESS does not directly or indirectly itself or
through third parties sell or otherwise distribute or broker cryptocoins.

(2) Without being obligated to do so, the Distribution Partner has the option of brokering
Goods at its own discretion for ULTIMA BUSINESS so that the brokerage of these Goods
forms the basis of the business of a Distribution Partner. The Distribution Partner will
receive a corresponding commission for its activity as broker.
Financial expenses, purchasing a minimum number of Goods from ULTIMA BUSINESS, or
recruiting other distribution partners is not necessary for this activity. Only gratuitous
registration is necessary. Additionally, without however being obligated to do so,
Distribution Partners also have the option of recruiting other distribution partners for a
distribution of the Goods of ULTIMA BUSINESS and to receive commission on the distribution
of Goods of the recruited distribution partner. The Distribution Partner expressly does not
receive a commission for the mere recruitment of a new distribution partner. The
commission as well as the type and manner of disbursement or other fulfillment of the
commission claim is subject to the compensation plan applicable at that time.

(3) For the Distribution Partner’s commencement and execution of its activity, ULTIMA
BUSINESS provides multiple landing pages as well as an online back office that allows the
Distribution Partner a continuous, updated, and comprehensive overview of its revenue,
commissions, and the customer and downline developments.

Sec. 3 General prerequisites for conclusion of the agreement/KYC verification

process

(1) The conclusion of an agreement is possible with legal persons, partnerships, or

natural persons who or whose responsible persons have reached the age of 18 and are
entrepreneurs pursuant to applicable law and hold a business license insofar as
necessary. A conclusion of a contract with consumers is not possible.

(2) Insofar as a legal person or partnership (LP, GbR, OHG, KG etc.) submits a
Distribution Partner application, the corresponding commercial register excerpt regarding
registration and the sales tax ID number must be submitted, insofar as such is available
for a partnership. All shareholders must be at least 18 years of age. The shareholders are
each personally liable vis-а-vis ULTIMA BUSINESS for the conduct of the legal person.

(3) Prior to conclusion of a Distribution Partner agreement, ULTIMA BUSINESS requires

verification of age and of identity within the scope of a “know your customer” (KYC)
process. The conclusion of a Distribution Partner agreement is subject to successful
verification within the scope of this know your customer process.

(4) Each Distribution Partner is authorized only to acquire one position in the
compensation plan, whereby a bypassing of this requirement by registration as a natural
person and additional registration as a legal person or partnership is prohibited. ULTIMA
BUSINESS may, in its sole discretion, allow a Distributor to acquire additional positions in the

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compensation plan on a case-by-case basis; however, there is expressly no entitlement to
purchase more than one position. The Reseller must submit a request to the Platin
World Compliance Department

(5) The Distribution Partner is obligated to properly and completely fill out the online
Distribution Partner application and to electronically transmit such to ULTIMA BUSINESS. The
Distribution Partner with the separate “checkboxes” on the application form furthermore
acknowledges these General Terms for Distribution Partners and accepts such as a
component of the agreement. ULTIMA BUSINESS reserves the right to obtain additional
information from the Distribution Partner in the individual case.

(6) During registration, the Distribution Partner must choose its email address and a
password and consequently receives a confirmation including access information mailed
to the email address disclosed by it. After receipt of the access information, the
Distribution Partner can create a profile on the Internet platform and has access to the
following offers:

Access to the dashboard

Option to download the wallets
Use of the wallet software/application
Use of the Ultima Wallet
Access to the Ultima network

Prior to commencing the distribution activity for ULTIMA BUSINESS, the Distribution Partner
must first complete its data in its profile and must disclose its mobile phone number to
ULTIMA BUSINESS. This number will be verified by ULTIMA BUSINESS by the Distribution
Partner
receiving a code on its mobile phone which it must then enter on the Internet portal of
ULTIMA BUSINESS. The Distribution Partner is able to commence activity only after entering
the code.

(7) Changes of personal data of the Distribution Partner must be reported immediately to
ULTIMA BUSINESS.

(8) ULTIMA BUSINESS reserves the right to reject Distribution Partner applications at its own
discretion without stating a reason. Insofar as online order forms are used, they are a
component of the agreement.

(9) In the event of a violation of the obligations stipulated in paragraphs (1), (2), and (4),
ULTIMA BUSINESS without prior notice is authorized to terminate the Distribution Partner
agreement without notice and possibly to demand repayment of disbursed commissions.
ULTIMA BUSINESS in the event of termination without notice furthermore expressly reserves
the right to assert additional claims for damages.

Sec. 4 Status of the Distribution Partner as entrepreneur

(1) The Distribution Partner acts as an independent and self-employed entrepreneur.

The Distribution Partner is not an employee or agent or broker of ULTIMA BUSINESS. No
sales targets, purchase, distribution, or other work obligations exist. With the exception of
the contractual obligations, the Distribution Partner is not subject to any instructions by

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ULTIMA BUSINESS and bears the full entrepreneurial risk of its entrepreneurial activity
including the
obligation to bear all of its commercial costs and the obligation to properly pay its
employees insofar as the Distribution Partner employs such.

(2) The Distribution Partner is obligated to set up and operate its business as a prudent
businessman, which also includes the operation of independent office spaces or a
workstation operated as a prudent businessman. The Distribution Partner shall in
particular ensure the provision of the technical devices necessary for the use and
distribution of the Goods of ULTIMA BUSINESS (in particular a computer and a smartphone).

(3) The Distribution Partner as an independent entrepreneur is responsible for

compliance with the pertinent legal requirements, including tax and social law
requirements (e.g. obtaining a sales tax ID number, registering employees with the social
security office, as well as obtaining a business license, if required) at its own
responsibility. In this regard, the Distribution Partner guarantees to properly pay tax at its
domicile on all commission income generated within the scope of its activity for Platin
World. ULTIMA BUSINESS reserves the right to deduct the respective sum for taxes and
charges from the negotiated commission or to demand compensation for damages or
compensation for expenditures arising for it based on a violation of the above-stated
requirements, unless the Distribution Partner is not responsible for the damage or the
expense. ULTIMA BUSINESS does not pay social security contributions for the Distribution
Partner. The Distribution Partner is not authorized to issue declarations or enter into
obligations on behalf of ULTIMA BUSINESS.

Sec. 5, Voluntary contractual cancellation policy

You register with ULTIMA BUSINESS as an entrepreneur and not as a consumer, thus you are
not entitled to a statutory cancellation right. ULTIMA BUSINESS nevertheless grants you the
following, voluntary, contractual, two-week cancellation right.

Voluntary cancellation right

You are authorized to cancel your contractual declaration in text form (by letter or email)
within two weeks without stating reasons. The deadline commences upon online
transmission of the application for distribution partnership. Timely dispatch (postmark
date/date of the email) of the cancellation suffices for compliance with the cancellation
deadline.

Cancellation must be addressed to ULTIMA BUSINESS LTD, Kingstown, St. Vincent and the
Grenadines, email: [email protected].

Waiver of the cancellation right

A transfer/transmission/provision of Goods or other services takes place only after

expiration of the cancellation period. Insofar as a transfer/transmission/provision is
desired by the Distribution Partner already prior to expiration of the cancellation period,
the Distribution Partner herewith expressly waives its cancellation right.

Consequences of cancellation:

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In the event of a valid cancellation of the contractual declaration, the benefits received by
both parties must be returned and benefits of use must be surrendered; in particular, any
commission already paid must be returned. In the event that you cannot return the
received benefits to us either in full or in part or only in a deteriorated condition, then you
are obligated to replace the value insofar as applicable. Obligations to reimburse
payments must be satisfied within 30 days. The deadline commences for you upon
dispatch of your cancellation declaration or of the object.

After exercising its cancellation right, a Distribution Partner may reregister with Platin
World provided that the cancellation of the Distribution Partner was at least 6 months
ago and the canceled Distribution Partner has not executed any activities for Platin
World during that time.

(End of the notice on cancellation rights)

Sec. 6 Administrative, processing, and support fee/license fees

(1) The Distribution Partner upon registration with ULTIMA BUSINESS and with the acquisition
of Goods from ULTIMA BUSINESS acquires for the first year of contract a right to use the
landing page, back offices, and videos and other tools provided. The above utilization
right is a simple, nontransferable utilization right for the specific landing page, back office,
and videos and tools provided in this regard. The Distribution Partner is not entitled to
modification, processing, or other redesign or to grant sublicenses. The above-stated
utilization right also includes incidental maintenance, service, update, and upgrade fees,
so that the invoiced fee is hereinafter referred to as Service Fee.

(2) As of the second year of contract, or in the event of a registration without acquisition
of Goods of ULTIMA BUSINESS as of the first year of contract, ULTIMA BUSINESS separately
calculates an annual Service Fee in terms of paragraph (1), the term and payment of
which follows from Section 16 (1) and the amount of which follows from the respective price
table of ULTIMA BUSINESS.

Sec. 7 Obligations of the Distribution Partner within the scope of advertisement and
general obligations

(1) The Distribution Partner is obligated to protect its personal passwords and login
information against third-party access. The Distribution Partner is prohibited from
infringing the rights of ULTIMA BUSINESS, its distribution partners, affiliated undertakings, or
other third parties during its activity, from harassing third parties or otherwise violating
applicable law. The Distribution Partner is in particular not permitted to disclose wrong or
misleading information regarding ULTIMA BUSINESS products or the distribution system of
ULTIMA BUSINESS. Within the scope of its brokerage and advertisement activity, the
Distribution Partner shall issue only statements concerning the Goods of the Platin
World product range as well as the ULTIMA BUSINESS distribution system, the content of which
corresponds to the requirements in the ULTIMA BUSINESS advertisement information material.
Furthermore, dispatching unsolicited emails, advertising faxes or advertising text messages (spam)
is also prohibited. The abuse or execution of unlawful acts, e.g. the use of unauthorized or
false advertising (e.g. misleading statements) is also prohibited. An abusive use of Platin
World or other services of ULTIMA BUSINESS is also prohibited.

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(2) Insofar as the Distribution Partner makes payments to ULTIMA BUSINESS (e.g. within the
scope of the acquisition of Goods), ULTIMA BUSINESS shall accept such only if they are paid
by the Distribution Partner itself for its own account. Payments for the Distribution Partner
to ULTIMA BUSINESS by third parties are not possible (prohibition of third-party payments).
ULTIMA BUSINESS may authorize third-party payments in individual cases; the Distribution
Partner is obligated to obtain permission on an exceptional basis from ULTIMA BUSINESS
prior to initiating payment by the third party.

(3) Each Distribution Partner is prohibited from violating competition law, rights of Platin
World, its distribution partners, affiliated undertakings, or other third parties, to harass
third parties, or violate other applicable law while performing its activity. In particular,
unauthorized telephone advertising and dispatch of unsolicited advertisement emails,
faxes, or text messages (spam) is also prohibited.
Special advertising guidelines

a) The Distribution Partner is not authorized to disclose or suggest any information

regarding its income or income opportunities with ULTIMA BUSINESS anywhere in any
advertising media. The Distribution Partner is obligated to expressly inform
potential distribution partners within the scope of recruitment meetings that only
very few distribution partners can achieve higher incomes with their activity for
ULTIMA BUSINESS.

b) Distribution and marketing activities may not feign any commissions that might be
understood as a “per capita premium” or other commission in connection with the
mere recruitment of a new distribution partner. Acts giving rise to the
appearance that the advertised distribution system is an unlawful
distribution system, namely an illegal progressive snowball or pyramid
system or other fraudulent distribution system are prohibited. Feigning that
ULTIMA BUSINESS distributes a currency investment or other financial
investment or cryptocoins or other cryptocurrencies or similar goods itself
or sells or otherwise distributes such through third parties is also
prohibited.

c) Distribution and marketing acts may not address minors or persons inexperienced in
business and under no circumstances exploit their age, illness, or limited understanding
to impel the conclusion of a contract with consumers. In case of contacts with so-called
socially vulnerable or foreign speaking population groups, the Distribution Partners are
obligated to consider their financial strength as well as their ability to understand and their
linguistic skills. Distribution Partners must refrain from any action that could impel
members of such groups to place orders that are inappropriate for their status.

d) Distribution and marketing activities that are unreasonable, illegal, or doubtful or

which exert improper pressure on the chosen consumers are prohibited.

e) Distribution Partners vis-а-vis consumers will refer exclusively to recommendation

letters, test scores, references, or other persons for business purposes only if
they are officially authorized by the entity issuing the reference as well as by
ULTIMA BUSINESS, are applicable, and not outdated.
Letters of recommendation, tests, and personal references must furthermore
always be connected to the intended purpose.

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 f) The consumer will not be prompted to purchase Goods on the basis of dubious or
misleading promises or by promising special advantages if such advantages are
tied to future, uncertain successes. Distribution Partners shall refrain from
anything that could prompt the consumer to accept the submitted offer only in
order to do a personal favor for the offer provider, to terminate an unwanted
conversation, or to enjoy an advantage that is not the subject matter of the offer,
or to express their appreciation for granting such advantage.

g) Each Distribution Partner is not authorized to assert that the compensation plan or
the Goods of ULTIMA BUSINESS are approved or licensed or supported by a federal
authority or are categorized as legally watertight by a law firm.

h) IMPORTAINT: All Distribution Partners are prohibited to be engaged as

distributors parallel, at the same time period and within 1 (one) year after in other
projects similar to ULTIMA BUSINESS worldwide. Each Partner who has violated
this provision, can be immediately banned/blocked in the ULTIMA BUSINESS system
and fined to him in the amount of the last 3 (three) monthly generated revenue between
the Distribution Partner and ULTIMA BUSINESS.

(4) The use, creation, and distribution of independent sales records, independent Internet
pages, independent product brochures, advertisement videos or films or other
independently created online or offline media as well as advertisement media is
permitted for the Distribution Partner only after prior consent by ULTIMA BUSINESS. The
advertising of ULTIMA BUSINESS services through one’s own or third-party Internet pages is
also permitted only with the prior consent of ULTIMA BUSINESS. In the event that the
Distribution Partner advertises the services of ULTIMA BUSINESS in other Internet media, e.g.
social networks (e.g. Facebook, Instagram, Google+), online blogs or chat rooms, the
Distribution Partner must exclusively use the official ULTIMA BUSINESS advertisement claims,
information presentations and other data approved and confirmed by ULTIMA BUSINESS.
In the event of an advertisement in other Internet media, the Distribution Partner must
expressly note that it is not an official advertisement or presence of ULTIMA BUSINESS. The
Distribution Partner is furthermore not authorized to present Goods in trade fairs and
exhibitions.

(5) The Goods of ULTIMA BUSINESS may be revocable presented by the Distribution
Partners within the scope of applicable law face-to-face, during home parties or events,
online parties, webinars, or other online presentations.

(6) The offering of Goods at auctions, public and private flea markets, exchange
platforms, department stores, Internet shops, Internet markets e.g. eBay, Amazon, or
similar points of sale is prohibited.

(7) The Distribution Partner is obligated to identify itself in business transactions as an

INDEPENDENT ULTIMA BUSINESS DISTRIBUTION PARTNER. Internet home pages,
letterhead, business cards, vehicle lettering, advertisements, advertisement documents,
and similar must always feature the words “INDEPENDENT ULTIMA BUSINESS
DISTRIBUTION PARTNER”. The Distribution Partner is furthermore prohibited from
requesting or drawing loans for or on behalf of or in the interest of the company, to incur
expenses, enter into obligations, open bank accounts, or conclude other agreements.

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(8) All travel costs, expenditures, office expenses, telephone costs, or other expenses for
advertisement material must be borne by the Distribution Partner itself.

(9) The Distribution Partner in commercial transactions is not authorized to name

trademarks of competing undertakings in a negative, derogative, or unlawful manner or
to assess other companies negatively or derogatively.

(10) All presentation, advertisement, training, and video/film material etc. (including
photographs) as well as software products, services, and other proprietary services of
ULTIMA BUSINESS are copyright protected. The Distribution Partner without express written
consent of ULTIMA BUSINESS in excess of the contractually granted utilization right is not
authorized to reproduce, disseminate, make publicly accessible, or process such in full or
in part. The distribution, reproduction, and publication of the training documents of the
PLC Academy (e.g. by uploading to YouTube or other Internet media) as well as the
modification or processing of such training records is in particular prohibited.

(11) The use (or modification) of the trademark ULTIMA BUSINESS, the registered
trademarks, product designations, work titles, and business designations aside from
expressly provided advertisement material and other official ULTIMA BUSINESS records is
permitted exclusively upon express written consent. Registering own brands, work titles,
Internet domains, or other protective rights containing the ULTIMA BUSINESS label or
registered trademark, product designations, work titles, or business designations of Platin
World is furthermore prohibited. The above also applies to trademarks, business
designations, or work titles to which ULTIMA BUSINESS holds exclusive utilization rights. The
above-stated prohibition under paragraph (2) applies to identical as well as similar signs.
Relabeling virtual goods of ULTIMA BUSINESS is also prohibited.

(12) The Distribution Partner is not permitted to respond to press inquiries regarding
ULTIMA BUSINESS, its services, the ULTIMA BUSINESS marketing plan, or other ULTIMA
BUSINESS services. The Distribution Partner is obligated to immediately forward all press
inquiries to ULTIMA BUSINESS to the [email protected] email. The Distribution
Partner for the rest will also issue public statements (e.g. television, radio, Internet forums)
regarding ULTIMA BUSINESS, the Goods of the ULTIMA BUSINESS product ranges and the
ULTIMA BUSINESS distribution system only with the prior written consent of ULTIMA
BUSINESS.

(13) The Distribution Partner shall report the location, time, and content of advertising
events addressing the broad public to ULTIMA BUSINESS management prior to publication of
the invitation through the event planning system provided for this purpose by Platin
World. ULTIMA BUSINESS may demand changes or cancellation of the event if this is in the
interest of the undertaking and of the ULTIMA BUSINESS distribution organization as well as
its members.

(14) Customer inquiries or customer complaints of any kind regarding the Goods,
service, or compensation system of ULTIMA BUSINESS must immediately be forwarded to
ULTIMA BUSINESS to the email address [email protected]

(15) The Distribution Partner is always prohibited from selling or otherwise distributing its
own training, marketing, and/or sales documents to other distribution partners of Platin
World.

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(16) The Distribution Partner may request entry in the Yellow Pages and/or similar advertising
and information databases. Such entry must however be approved by ULTIMA BUSINESS in
writing prior to publication and must in particular include the words “INDEPENDENT ULTIMA
BUSINESS DISTRIBUTION PARTNER”.

(17) The use of telephone numbers subject to a charge for marketing the activity or
products of ULTIMA BUSINESS is not permitted.

(18) ULTIMA BUSINESS enables the Distribution Partner to acquire Goods for its personal
needs or the needs of family members. The Distribution Partner shall under no
circumstances prompt its family members, other distribution partners, or other third
parties to acquire Goods exceeding personnel needs in order to create or feign
commission claims.

(19) After termination of its old position, a Distribution Partner may reregister with Platin
World provided that the termination and confirmation of the termination by Platin
World for the old position of the Distribution Partner was at least 6 months ago and the
terminating Distribution Partner during this time did not perform any activities for Platin
World.

(20) The Distribution Partner may advertise and distribute services for ULTIMA BUSINESS or
recruit new distribution partners only in states in which ULTIMA BUSINESS has officially
launched.

(21) The Distribution Partner is obligated to immediately and truthfully inform Platin
World of violations against the provisions of the General Terms for Distribution
Partners or other violations of applicable law by other distribution partners.

Sec. 8 Noncompetition clause/solicitation/sale of third-party services

(1) The Distribution Partner is prohibited from distributing Goods and/or services for
other businesses, including network marketing businesses, that compete with Platin
World.

(2) The Distribution Partner is prohibited from recruiting other ULTIMA BUSINESS
distribution partners for the distribution of other products.

(3) The Distribution Partner is prohibited from violating other distribution partners or
other distribution agreements concluded by it with other businesses and the provisions
of which are still in effect by concluding a Distribution Partner agreement.

(4) Insofar as the Distribution Partner is simultaneously active for other competitors,
other businesses, or networks, online marketing, or other direct marketing businesses,
the Distribution Partner is obligated to design the respective activity (including its
respective downline) so that the activity is not connected or commingled with its activity
for the other company. In particular, the Distribution Partner is not authorized to offer
other goods and/or services aside from ULTIMA BUSINESS’ Goods and/or services at the
same time, at the same location, or in the immediate physical proximity, or the same
Internet page, Facebook page, other social media platform, or Internet platform, unless
ULTIMA BUSINESS has expressly consented to such, e.g. because of an official cooperation

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between ULTIMA BUSINESS and that business.

Sec. 9 Confidentiality

The Distribution Partner is obligated to keep all operating secrets of ULTIMA BUSINESS and
its structure strictly confidential. Operating secrets include in particular also the data of
customers and distribution partners as well as information regarding downline activities
and the information contained therein. This obligation also survives the end of the
Distribution Partner agreement.

Sec. 10 Distribution Partner protection/crossline sponsoring/bonus manipulation

(1) The new distribution partner recruited for the first time for distribution of the products
and Goods of ULTIMA BUSINESS by an active Distribution Partner is allocated to the
structure of the active Distribution Partner pursuant to the marketing plan and the
placement requirements stipulated there (Distribution Partner protection). Recruitment
and placement of the new distribution partner must take place through the independent
referral link, whereby the date and time of receipt of the registration request of the new
distribution partner at ULTIMA BUSINESS applies for allocation. Insofar as two Distribution
Partners claim to sponsor the same “new” distribution partner for themselves, Platin
World will consider only the sponsor listed in the initial registration.

(2) ULTIMA BUSINESS is authorized to delete the account and all personal data including the
email address of the Distribution Partner from the system if advertisement mail, circulars,
or emails are returned with the remarks “moved”, “deceased”, “not accepted”,
“unknown”, or similar, and the Distribution Partner does not correct the erroneous data
within a deadline of 30 days. Insofar as ULTIMA BUSINESS incurs costs in connection with
undeliverable advertising material and packages, ULTIMA BUSINESS is authorized to
demand the repayment of the costs from the Distribution Partner unless the Distribution
Partner is not responsible for the erroneous delivery.

(3) Crossline sponsoring and also merely the attempt of crossline sponsoring within the
company is furthermore prohibited. Crossline sponsoring means the acquisition of a person
or a company that is already a distribution partner of ULTIMA BUSINESS in another distribution
line or that held a distribution partner agreement within the last 6 months. Using the name of
a spouse, relative, tradename, corporation, partnership, trust company, or other third parties
to bypass this provision is also prohibited.

(4) In the event that the Distribution Partner itself activates a second account in a
crossline/sideline, ULTIMA BUSINESS will block this second account as of gaining knowledge
of such and post the commission as unearned commission. The downline created under the
second account will remain in place and will not be allocated to the initial account. The date
and time of receipt of the first registration request of the Distribution Partner is decisive to
determine the initial account.

(5) The Distribution Partner is prohibited from soliciting existing distribution partners for other
businesses/companies or to even attempt such. Solicitation means acquisition of a person or
a business that already is a distribution partner for ULTIMA BUSINESS, whether in one’s own or
crossline structures, for another and third-party business/company. In this regard it is

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also prohibited to use the name of a spouse, relative, tradename, corporations, partnerships, trust
companies, or other third parties to bypass this provision.

(6) Bonus manipulations are prohibited. This includes in particular the sponsoring of
distribution partners that do not in fact exercise the business of ULTIMA BUSINESS (so-called
strawmen), as well as open or hidden multiple registrations. In this regard it is also prohibited
to use the name of a spouse, relative, member of the same household, tradename,
corporation, partnership, trust company, or other third party to bypass this provision.
Prompting third parties to purchase or sell Goods in order to gain a better position in the
compensation plan or to otherwise cause a bonus manipulation is also prohibited. If the
Distribution Partner nevertheless violates this provision, all commissions for all affected
accounts shall be posted as unearned as of gaining knowledge of such situation and the
strawman accounts will be annulled.

(7) The Distribution Partner is not entitled to territorial protection.

Sec. 11 Warning, contractual penalty, compensation for damages, liability release

(1) In the event of a first violation against the obligations of the Distribution Partner
regulated in Section 7, ULTIMA BUSINESS will issue a written warning with a deadline of 10
days to rectify the breach of duty. The Distribution Partner is obligated to reimburse the
warning costs and in particular the attorney costs incurred for the warning.

(2) Reference is expressly made to Section 16 paragraph (3), according to which Platin
World in the event of a violation of the obligations regulated in Section 8, 9, 10 (3) and
(4) as well as a particularly serious violation against the other applicable obligations
under contractual regulations or statutory law listed in Section 7 is entitled to
extraordinary termination without prior warning. Regardless of the right to immediate
extraordinary termination regulated in Section 16 paragraph (3), ULTIMA BUSINESS in
individual cases is authorized upon occurrence of one of the above-stated breaches of
duty and at its own free discretion to issue a warning in terms of paragraph (1) with a
reduced rectification period prior to issuing the extraordinary termination.

(3) If, after expiration of the rectification period specified in the warning, the same or
principally the same violation occurs or if the original warned violation is not rectified, a
contractual penalty charged at the discretion of ULTIMA BUSINESS and to be reviewed by the
competent court shall be due immediately. Additional attorney costs are also incurred for
the assertion of the contractual penalty, which the Distribution Partner is obligated to
reimburse and to which reference is herewith expressly made.

(4) The Distribution Partner, regardless of the forfeited contractual penalty is

furthermore liable for all damages incurred by ULTIMA BUSINESS on the basis of a breach of
duty in terms of Section 7-9 and Section 10 paragraphs 3 and 4, unless the breach of
duty is not within the scope of responsibility of the Distribution Partner.

(5) In the event of an availment by a third party due to a violation of one of the
obligations stipulated in Section 7-9 and Section 10 paragraphs 3 and 4 or another
violation of applicable law by the Distribution Partner, the Distribution Partner shall
indemnify and hold ULTIMA BUSINESS upon first request by ULTIMA BUSINESS harmless
from

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any liability. The Distribution Partner in this regard is in particular obligated to accept all
costs, in particular attorney, court, and damage compensation costs incurred by Platin
World in this regard.

Sec. 12 Adjustment of prices

ULTIMA BUSINESS reserves the right to change the prices to be paid by the Distribution
Partner or the commission percentage attributed to these services, the compensation
plan, or user charges to the start of a new settlement period, in particular in light of
changes of the market situation and/or the distribution structure, in particular the right to
increase prices or adjust commissions to market circumstances. ULTIMA BUSINESS shall
inform the Distribution Partner of the change within a reasonable period prior to the
change. Price increases by more than 5% or changes of the compensation plan to the
detriment of the Distribution Partners by more than 10% authorize the Distribution
Partner to object to the change. If the Distribution Partner does not object to the modified
terms within one month after the announcement of such, these changes will become a
part of the agreement. Any changes known at the time of conclusion of the Distribution
Partner agreement are not reportable and do not authorize the Distribution Partner to
object. In the event of an objection, ULTIMA BUSINESS is authorized to terminate the
agreement effective the time at which the modified or supplemented terms are to come
into force.

Sec. 13 Advertising materials, contributions, data processing

All advertisement materials that are free of charge and other contributions by Platin
World may be revoked at any time with future effect.

Sec. 14 Compensation/payment terms/commission payment

terms/assignment prohibition

(1) As compensation for its activity, the Distribution Partner upon reaching the necessary
qualifications will receive commission as well as other compensation which, including the
respective qualification requirements, follow from the ULTIMA BUSINESS compensation plan.
The commission is granted on the respective product price minus a processing fee, which
may vary from country to country and is between 5 to 9% of the product price. All
commission claims follow from the respective valid compensation plan, which the
Distribution Partner is able to download from its back office and which is also available in
the back office. Compensation is paid in PLC Ultima whereby the exchange rate archived in
the back office by ULTIMA BUSINESS at the time of initiation of the payment applies, which
may differ from the exchange rate available on Internet exchanges. All costs of the
Distribution Partner for maintaining and executing its business, insofar as such are not
separately contractually negotiated, are satisfied upon payment of the compensation.
A commission is not incurred if: the customer or the recruited distribution partner asserts
their cancellation right or voluntary right of return regarding the Goods of ULTIMA BUSINESS;
the customer or the recruited distribution partner contests the distribution partner
agreement with legal effect; the recruited distribution partner cancels its distribution
partner agreement; ULTIMA BUSINESS terminates the distribution partner agreement with the
recruited distribution partner, or the recruited distribution partner has terminated its

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distribution partner agreement vis-а-vis ULTIMA BUSINESS. Commission already disbursed is
accordingly deducted from the subsequent commission statement. Insofar as such option
to offset does not exist, commission claims lapsed in this manner must be reimbursed.
The right of ULTIMA BUSINESS to assert further claims for damages remains unaffected.

(2) ULTIMA BUSINESS reserves the right to request that the Distribution Partner prior to
initial disbursement of commission verifies its identity, address, and business registration
(e.g. submission of the business license). The verification of a business, identity, and
address may, at the choice of ULTIMA BUSINESS, take place in the form of a copy of the
business license or the identification card or passport in conjunction with a current
power, gas, water, or other utility bill or other proof from the register of residents (not
older than 3 months) through the specified electronic channel and must take place
immediately, no later than within 2 weeks after the request. In case of legal persons or
partnerships or registered merchants, the identification of the responsible person (e.g.
managing director or personally liable shareholder) and—in the event of registration in
the commercial register—a copy of the current commercial register excerpt (not older
than 3 months) must be submitted to verify identity. Furthermore, the Distribution Partner
prior to initial disbursement of the commission must disclose its banking information.

(3) The Distribution Partner is initially listed as a small trader with ULTIMA BUSINESS. The
Distribution Partner will immediately disclose its sales tax ID number to ULTIMA BUSINESS as
soon as it opts to pay sales tax (value-added tax) within the scope of its commercial
activity or exceeds the small business limits. The Distribution Partner is no longer listed
as a small trader with ULTIMA BUSINESS as soon as the commission claim of the Distribution
Partner exceeds a monthly entitlement of EUR 1300 for the first time, so that Platin
World will then immediately request that the Distribution Partner transmits its sales tax
ID number, which must be transmitted to ULTIMA BUSINESS immediately or no later than
within 14 days after receipt of the request or, if a sales tax ID number is not available the
request for issuance of a sales tax ID number must be verified within the above stated
deadline. ULTIMA BUSINESS shall disburse the commission only after transmission of the
sales tax ID number and until that time will assert its retention right. Express reference is made to
the option of blocking pursuant to Section15 (1) of these General Terms for Distribution Partners.

(4) Commissions and remuneration of the Distribution Partner can be disbursed only to
the account bearing its name or the name of a partnership or a legal person that is in a
contractual relationship with ULTIMA BUSINESS or, in the event of disbursement of the
compensation in PLC Ultima, into the eWallet for the Distribution Partner, unless a
different account was expressly accepted by ULTIMA BUSINESS separately in writing. Insofar
as ULTIMA BUSINESS incurs banking fees for remittance of the commission in Fiat money
that exceed the bank fees arising for domestic remittances, ULTIMA BUSINESS is authorized
to pass these banking fees on to the Distribution Partner to the extent and subject to
paragraph (6) clause 1 insofar as they exceed common banking fees.

(5) ULTIMA BUSINESS is authorized to a retention right within the scope of the statutory
requirements. ULTIMA BUSINESS is furthermore authorized to assert a retention right for the
disbursement of commissions in the event that not all legally required documents are
available prior to first disbursement, e.g. the sales tax ID number in case of legal persons
insofar as such has been requested and issued. In the event that the retention right is
exercised with regard to commission payments by ULTIMA BUSINESS, it is deemed to be
negotiated that the Distribution Partner is not entitled to an interest claim for the period
during which commission was retained.

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(6) ULTIMA BUSINESS is authorized to offset claims to which ULTIMA BUSINESS is entitled
against the Distribution Partner against the distribution partners commission claims either
in full or in part. The Distribution Partner is authorized to offset if the counterclaim is
undisputed or legally ascertained.

(7) Assignments and pledges of claims of the Distribution Partner under distribution
partner agreements are excluded. Encumbering the agreement with third-party rights is
prohibited.

(8) The Distribution Partner shall review the issued statements in a timely manner and
immediately inform ULTIMA BUSINESS of possible objections. All commission claims follow
from the respective valid compensation plan, which the Distribution Partner may
download from its back office and which is accessible in the back office. Erroneous
commissions, bonuses, or other payments must be reported to ULTIMA BUSINESS in writing
within 60 days of the erroneous payment. After that time, the commission, bonuses, or
other payments are deemed to be approved.

(9) The compensation is disbursed in consideration of the ULTIMA BUSINESS payment terms
and payment types, weekly at the Distribution Partner’s express request.

Sec. 15 Blocking of the Distribution Partner

(1) In the event that the Distribution Partner within 14 days as of registration does not
provide all necessary verification and acknowledges the requirements for disbursement
of commissions, ULTIMA BUSINESS is entitled to temporarily block the Distribution Partner
until the legally required records are provided. The aforementioned also applies in case
of unsuccessful expiration of the deadline in terms of Section 14 (2) or a violation of the
regulation stipulated in Section 14 (3) until the necessary act is rectified. The duration of
blocking does not authorize the Distribution Partner and does not give rise to the right to
extraordinary termination and also does not cause repayment of already paid services or
Goods or compensation for damages unless the Distribution Partner is not responsible
for the blocking.

(2) Commission claims that cannot be disbursed on the basis of the stated reasons shall
be posted as reserves within ULTIMA BUSINESS and shall lapse no later than within the
statutory limitation periods.

(3) For each case of warning, ULTIMA BUSINESS is entitled to reimbursement of the costs
necessary for such warning.

(4) Regardless of the reasons for blocking listed in paragraph (1), ULTIMA BUSINESS
reserves the right to blocking for good cause. ULTIMA BUSINESS in particular reserves the
right to block access of the Distribution Partner without notice if the Distribution Partner
violates the obligations listed in Section 7-9 and Section 10 or any other applicable law or
another good cause exists. Insofar as immediate grounds for termination do not exist and
ULTIMA BUSINESS dispatches a warning pursuant to Section 11 (1) to the Distribution
Partner, the block will be revoked insofar as the Distribution Partner rectifies the
corresponding breach of duty upon the warning by ULTIMA BUSINESS within the set notice
period.

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Sec. 16 Term and termination of the agreement and consequences of
termination/right of return

(1) The Distribution Partner agreement is concluded for 12 months. The agreement
extends upon payment of the Service Fee explained in Section 6 (2) automatically by
another 12 months unless it is first terminated by either party in compliance with the
written form with a deadline of one month to the end of the agreement. If the Distribution
Partner despite corresponding payment request by ULTIMA BUSINESS does not pay the
above-stated Service Fee within 30 days after the end of the respective term of the
agreement, the agreement will be terminated automatically. Regardless thereof, the
Distribution Partner is also authorized to properly terminate its distribution partner
agreement at any time within the 12 month term of the agreement with a termination
notice of one month to the end of a month.

(2) Regardless of the reason for termination in (1), ULTIMA BUSINESS reserves the right to
termination for good cause. Good cause exists in particular in case of a violation of one
of the obligations regulated in Section 7 insofar as the Distribution Partner does not
meetits rectification obligation in terms of Section 11 paragraph (1) in a timely manner or,
after rectification of the breach of duty, the same or comparable violation occurs again at a
later time. In case of a violation of the obligations regulated in Sections 8, 9, and10 (3) and
(4) as well as in the event of a particularly serious violation of the obligations regulated in
Section 7 or other applicable regulations under contractual provisions or statutory law, Platin
World without prior notice is authorized to extraordinary termination. Extraordinary grounds
for termination also exist if the Distribution Partner does not comply with the provisions of
Section 14 (2) and (3) and after blocking pursuant to Section 15 (1) and a granting of a last
deadline for the fulfillment of the provisions lets this deadline expire unsuccessfully.
Extraordinary grounds for termination for each party furthermore exist if insolvency
proceedings are opened against the other party or were rejected due to a lack of funds or the
other party is otherwise insolvent or issued an affidavit regarding insolvency within the scope
of compulsory enforcement. The right to extraordinary termination applies regardless of
further claims.

(3) Domains containing the sign “ULTIMA BUSINESS”, a trademark, a business designation,
or a work title of ULTIMA BUSINESS may no longer be used after the end of the agreement
and upon corresponding request must be handed over to ULTIMA BUSINESS against
assumption of costs of transfer of the domain. The above-stated also applies to
trademarks, business designations, or work titles to which ULTIMA BUSINESS holds an
exclusive utilization right.

(4) In the event of premature termination of an agreement with a minimum term, e.g. the
agreement regarding the utilization right under Section 6 (Service Fee), a claim to
reimbursement of paid expenses/remuneration does not exist except in the case of
extraordinary termination of the agreement for good cause by the Distribution Partner.

(5) After proper termination of its old position, a Distribution Partner may again register
with another sponsor with ULTIMA BUSINESS, provided that the proper termination and
confirmation of the termination by ULTIMA BUSINESS for the old position of the Distribution
Partner was at least 6 months ago and the terminating distribution partner did not
perform any activity for ULTIMA BUSINESS during that time.

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(6) Upon the end of the agreement, the Distribution Partner is not entitled to
commissions, in particular also not to sales agent indemnification claims, because the
Distribution Partner is not a sales agent in terms of the commercial code.

(7) In the event that a Distribution Partner simultaneously claims other services of Platin
World independently from the Distribution Partner agreement, these services continue
to remain in force unaffected from the end of the Distribution Partner agreement,
unless the Distribution Partner upon termination also expressly requires the end of such
and such termination is permissible. If the Distribution Partner after the end of the
agreement continues to acquire services of ULTIMA BUSINESS, the Distribution Partner will
be listed as a regular customer.

(8) Terminations must always be in writing, proper termination may also be issued by
email.

Sec. 17 Exclusion of liability

(1) ULTIMA BUSINESS is liable for damages excluding damages to life and limb only insofar
as such are based on willful or grossly negligent conduct or culpable infringement of an
essential contractual obligation of ULTIMA BUSINESS, its employees, or vicarious agents.
This also applies to damages arising from the violation of obligations in contractual
negotiations as well as the execution of tortious acts. Any further liability for
compensation of damages is excluded.

(2) With the exception of the violation of life and limb or willful or grossly negligent conduct of
ULTIMA BUSINESS, its employees or vicarious agents, liability is limited to damages typically
foreseeable upon conclusion of the agreement and for the rest limited to the amount of
average damages typical for this type of contract. This also applies to indirect damages, in
particular lost profit.

(3) ULTIMA BUSINESS is not liable for damages of any kind arising on the basis of data losses
on
computer servers, with the exception of grossly negligent or intentional misconduct of Platin
World, its employees, or vicarious agents. Stored content of distribution partners
constitutes third-party information for ULTIMA BUSINESS in terms of the Telemedia Act.

(4) The provisions of the German Product Liability Act or similar local national laws worldwide
remain unaffected.

Sec. 18 Transfer of the business operation/the sponsored structure to third

parties/death of the Distribution Partner

(1) ULTIMA BUSINESS is authorized to transfer its contractual position in full or in part at any
time to a successor company that in an equal manner continues the transactions that are
the subject matter of this agreement and fully enters into existing rights and obligations.

(2) The Distributor is entitled to transfer its distribution structure to another natural or
legal person to its registered life partner(s) or spouse, to first-degree family members or

17
to third parties with the prior written consent of ULTIMA BUSINESS. The Distributor shall
address the request for consent to the transfer of the distribution structure to the
Compliance Department of ULTIMA BUSINESS. Without the consent of ULTIMA BUSINESS,
the transfer of the distribution structure is not permitted.

(3) Insofar as the Distribution Partner is a registered legal person or partnership,

transfer of the distribution structure is permissible only in compliance with the further
requirements under this agreement.

(4) Insofar as a registered legal person or partnership as a Distribution Partner

wishes to accept a new shareholder, this is possible only insofar as the previous
shareholder(s) having requested the distribution partnership also remain shareholders. In
the event that a shareholder as Distribution Partner of the registered legal person or
partnership wishes to separate or transfer its shares to third parties, this act is also
permissible upon corresponding written application possibly with submission of the
corresponding notarized documents and in compliance with the requirements under this
agreement. ULTIMA BUSINESS hereby reserves the right to collect an administrative fee in the
amount of EUR 25 for processing the above-stated application. In case of noncompliance with this
condition, ULTIMA BUSINESS reserves the right to terminate the agreement with the registered
legal person or partnership as distribution partner.

(5) The Distributor Agreement ends at the latest upon the death/liquidation of the Distribution
Partner or upon ULTIMA BUSINESS decision anytime. A new distribution partner contract must
be concluded with the heir(s) within 6 months of the death, by which he/she enters into the rights
and obligations of the testator. If the heir or one of the heirs is already registered as a natural person
with ULTIMA BUSINESS as a distributor, the heir is permitted to hold two positions in the
distribution structure of ULTIMA BUSINESS as a result of an inheritance. In this case, the heir
must inform ULTIMA BUSINESS immediately. The death must be documented by a death
certificate. If there is a will regarding the inheritance of the distributor agreement, a notarized copy
of the will must be submitted. After the six-month period has elapsed unused, all rights and
obligations under the agreement will be transferred to ULTIMA BUSINESS. By way of exception,
the six-month period will be extended by a reasonable length if, in individual cases, it is
disproportionately short for the heir(s).

Sec. 19 Separation/dissolution

In the event that a Distribution Partner registered as a legal person or partnership closes
its business internally, only one Distribution Partner position will remain after the
separation, dissolution, or other termination of the above-stated company. The
separating members/shareholders must internally agree on the member/shareholder to
continue the distribution partnership and must inform ULTIMA BUSINESS of this in writing. In
the event of an internal dispute regarding the consequences of separation, divorce,
dissolution, or other termination with regard to the distribution partnership with ULTIMA
BUSINESS, ULTIMA BUSINESS reserves the right to extraordinary termination insofar as such
dispute results in a neglect of the obligations of the Distribution Partner, a violation of these
General Terms for Distribution Partners, a violation of applicable law, or unreasonable burden on
the upline or downline.

Sec. 20 Inclusion of the compensation plan

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(1) The compensation plan and the provisions contained therein are an express
component of the Distribution Partner agreement. The Distribution Partner must always
comply with these regulations pursuant to the respective valid version.

(2) Upon dispatching of the online application to ULTIMA BUSINESS, the Distribution Partner
simultaneously assures that it has acknowledged the compensation plan and accepts
these documents as a contractual component.

(3) ULTIMA BUSINESS is authorized to modify the compensation plan at any time. Platin
World will announce modifications with reasonable notice. The Distribution Partner is
authorized to object to the modification insofar as it does not expressly accept the
modification. In the event of an objection, the Distribution Partner is authorized to
terminate the agreement as of the coming into force of the modification. Insofar as the
Distribution Partner does not properly terminate the agreement within 4 weeks after
coming into force of the modification, the Distribution Partner accepts the modification.

Sec. 21 Consent to use photographic and audiovisual material

The Distribution Partner grants ULTIMA BUSINESS, free of charge, the right to create or
perform photographic and/or audiovisual material with its image, voice recording, or
statements or quotes by the Distribution Partner within the scope of its function as a
distribution partner. In this regard, the Distribution Partner by signing the Distribution
Partner agreement and by acknowledging these General Terms for Distribution Partners
expressly consents to a publication, use, reproduction, and modification of its quotes,
recordings, or records. The Distribution Partner is authorized to revoke the above-stated
consent. In the event of a revocation, ULTIMA BUSINESS will discontinue the above-stated
use within one month.

Sec. 22 Data protection

ULTIMA BUSINESS collects and uses the data voluntarily transmitted by you only within the
scope of statutory provisions. Detailed provisions regarding data protection are available in
our privacy policy.

Information shared:

When you register with Ultima Business and/or its related partners like SMART PASS, a user
account for you will be created. The upline partners can, due to commission information, see the
following data from you: Name, payment date, payment amount, payment method.

Sec. 23 Statute of limitations

The claims under this contractual relationship shall lapse after six months as of the time
at which the corresponding claim falls due and the beneficiary becomes aware of the
circumstances giving rise to its claims or a lack of knowledge of these circumstances is
based on gross negligence. Statutory provisions requiring a longer statute of limitation
remain unaffected.

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Sec. 24 Applicable law/jurisdiction

(1) The law of the domicile of ULTIMA BUSINESS to the exclusion of the UN Convention on
the International Sale of Goods applies. Compulsory provisions of the state in which the
Distribution Partner’s habitual residence is located remain unaffected.

(2) The jurisdiction and place of fulfillment is the domicile of ULTIMA BUSINESS insofar as
such is permitted by compulsory law.

Sec. 25 Closing provisions

(1) ULTIMA BUSINESS is authorized to modify the General Terms for Distribution Partners at
any time. ULTIMA BUSINESS will announce modifications with reasonable notice. The
Distribution Partner is authorized to object to the modification. In the event of an
objection, the Distribution Partner is authorized to terminate the agreement as of the time
of coming into force of the modification. If the Distribution Partner does not properly
terminate the agreement within 4 weeks after the coming into force of the modification,
the Distribution Partner has accepted the change.

(2) For the rest, modifications or amendments to these General Terms for Distribution
Partners require the written form, this also applies to the cancellation of the written form
requirement.

(3) An invalidity or incompleteness of a clause of these general terms of use does not
invalidate the agreement overall. Rather, the invalid clause is to be replaced with a
clause that is valid and comes as close as possible to the economic intend of the invalid
clause. The same applies to the closing of a possible gap requiring regulation.

Status of the Ethical Rules & General Terms for Distribution Partners:

August 11th 2023

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