1. The present standard provisions are applicable to all the services performed by the lawyers at the law firm Philippe & Partners (“P&P”) and to their clients. Whenever a client calls upon the services of P&P, he is deemed to know and accept the present standard provisions without restriction. The client’s own standard provisions that are contrary to the present ones will only be applicable upon prior written explicit approval by P&P. The present standard provisions will be applicable to all future relations between the parties, except the case where P&P publishes or communicates an updated version of them in any form. Any modification and/or derogation needs prior written explicit approval by P&P.

2. Even if the client deals with a specific lawyer within P&P, the contract is deemed to exist between the client and the law firm. P&P decides freely to affect and/or to dispatch the different missions to any lawyer or to replace a lawyer by another one without the possibility for the client to oppose to it. P&P is also entitled to freely call upon lawyers not belonging to the law firm for the performance of specific tasks.

3. P&P performs its services within a reasonable period of time and, in case of specific agreed terms, to deploy its reasonable efforts to observe these ones. In any event P&P cannot be hold responsible for non observance of these terms due to client’s or any third party’s behavior or in case of force majeure.

4. Lawyers at P&P are bound by the professional secrecy. All mails, advices, acts of procedure, etc. are transmitted by P&P to its clients under the explicit condition that the client observes this confidentiality. The client is only entitled to transmit their content to third parties with the prior written explicit consent of P&P.

5. Advices, opinions, written documents, etc. coming from P&P are protected by intellectual property law and can only be used or reproduced upon the prior written explicit consent of P&P. In the event they relate to a specific client or a specific situation, they cannot be applied to other situations or persons without a new analysis of P&P.

6. The liability of P&P, either contractual or in tort, including all the lawyers working within P&P, for any damage, material or immaterial (such as moral damage, loss of clients, production, time, data, commercial opportunities, etc.) caused to the client is limited to the amount of the guarantee of P&P’s professional liability insurance (the applicable amount on a case-by-case basis being communicated by P&P to the client upon first request of the latter). The client holds P&P and all lawyers working within the law firm or on behalf of it harmless against any claim from a third party based on the performance of a mission for the client, except in case of fault committed by P&P.

7. Unless otherwise agreed upon, P&P invoices its services on the basis of its usual rates, which are adapted from time to time to the evolution of the prices on the market, without prior notice. P&P reserves its right to request a down-payment before any provision of services.

8. All invoices of P&P are payable cash and without discount at the registered office of P&P or on the indicated bank account. Failing to pay, interest for late payment and a complementary indemnity (that cannot be less than 15% of the amount of the invoice) based on the Belgian law of 2 August 2002 are due from the day of the date of the invoice and without prior notice. The charges for payment or and currency exchange are born by the client. Any claim regarding an invoice must be addressed to P&P by registered mail within 8 days from the date of the invoice. Failing to do so, the invoice is deemed to be irrevocably accepted.

9. If, after the conclusion of the contract, unpredictable or unforeseen circumstances occur rendering the performance of the agreed services by P&P more difficult or onerous, P&P is authorized to suspend or adapt its obligations accordingly.

10. Belgian Law is applicable to the relations between P&P and the client. In case of dispute, the courts and tribunals of Brussels (Belgium) are sole competent. P&P remains however entitled to file a claim with the courts and tribunals of the residence or of the registered office of the client.

11. In case one of the clauses or part of the clauses of the present contract is declared void or inapplicable, all the other clauses remain applicable.