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visions of this letter including transferring any Investments. Restrictions on investments by-Directors: The Company will-beis owned and managed by Ian Osborne and Jacob Burda (the 'Directors') as a 50/50 Joint venture company. Until the funds of the Company have been fully invested (or, if later, the final
otice, no loss than 75gersent. in number of the remaining Investors confirm in writing the loan should be repayable an the terms of this document by mason of V.; Lawi—Confidentlality_and Law: Except as required by law or regulation or (upon ono( approval by the Investors) to the Company's advisors and banke
visions of this letter including transferring any Investments. Restrictions on investments by-Directors: The Company will-beis owned and managed by Ian Osborne and Jacob Burda (the 'Directors') as a 50/50 Joint venture company. Until the funds of the Company have been fully invested (or, if later, the final
otice, no loss than 75gersent. in number of the remaining Investors confirm in writing the loan should be repayable an the terms of this document by mason of V.; Lawi—Confidentlality_and Law: Except as required by law or regulation or (upon ono( approval by the Investors) to the Company's advisors and banke
visions of this letter including transferring any Investments. Restrictions on investments by-Directors: The Company will-beis owned and managed by Ian Osborne and Jacob Burda (the 'Directors') as a 50/50 Joint venture company. Until the funds of the Company have been fully invested (or, if later, the final
otice, no loss than 75gersent. in number of the remaining Investors confirm in writing the loan should be repayable an the terms of this document by mason of V.; Lawi—Confidentlality_and Law: Except as required by law or regulation or (upon ono( approval by the Investors) to the Company's advisors and banke
Entities connected to both Ian Osborne and mason of V.
Jacob Burda
PERSONGuernsey
LOCATIONABN Amro
ORGANIZATIONGrant Thornton
PERSONChannel Islands
LOCATIONInvestment (Remaining Investment
ORGANIZATIONthe Trust Corporation
ORGANIZATIONWorkshare Professional
ORGANIZATIONWorkshare
ORGANIZATIONChannel Islands Limited
ORGANIZATIONDirectorsCompany
ORGANIZATIONInvostmente
LOCATIONDraft-07.42,2042
ORGANIZATIONHedosophla Alpha Limited
ORGANIZATIONGuernsey) Limited
ORGANIZATIONMadello Court
ORGANIZATIONMello
PERSONynio Investors
PERSON