LOCAL AGENCY AGREEMENT

BETWEEN

Silver Lake Line General Trading LLC

AND

Riva Com IT Technologies PLC

THIS AGREEMENT made as of the________ date, _____________ month of
2021.

BETWEEN:

SILVER LAKE LINE GENERAL TRADING LLC accompany organized and

existing under the laws of United Arab Emirates, with its principal place of business at Al
Khabaisi Road, Salahudin Building 1st floor, Office 2, Email:  info@silverlakeline.com,
Dubai, UAE (Hereinafter referred as “Silver Lake’’)

AND

RIVA COM IT TECHNOLOGIES PLC, a company duly registered in Addis Ababa,

Ethiopia, with its registered office address Yeka Sub-city, Woreda 05, Megenagna near
Yeka Sub-City, Salam Tower, 6th Floor, Email:  riyu@rivacomplc.com, Addis Ababa,
Ethiopia (Hereinafter referred as “Riva Com”).

(Wherever the context so requires, SILVER LAKE LINE GENERAL TRADING LLC and
RIVA COM IT TECHNOLOGIES PLC are collectively referred to as the “Parties” and
individually referred to as the “Party”.)
WHEREAS Silver Lake has entered into an agreement under which Silver Lake agrees to supply
a Mobile Handsets to Ethio telecom. Ethio telecom is a telecom operator in Ethiopia.

WHEREAS, Riva Com is seeking to collaborate with Silver Lake on a revenue sharing basis;
Silver Lake and Riva Com wish to collaborate in accordance with the terms and conditions of
this Agreement;

WHEREAS the parties wish for the relationship between the parties to be conducted under the
terms and conditions of this Agreement.

1. RESPONSIBILITIES OF SILVER LAKE

1.1. Silver Lake supply Samsung Mobile handset to Ethio Telecom in accordance with the
main agreement between Silver Lake and Ethio telecom.
1.2. Silver Lake provides warranty period as per Ethio telecom need in accordance with the
main agreement between Silver Lake and Ethio telecom.
1.3. Silver Lake supplies spare part as needed in accordance with the main agreement
between Silver Lake and Ethio telecom.
1.4. Silver Lake provides marketing material as needed
2. RESPONSIBILITIES OF RIVA COM
2.1. Riva Com submits and follows up tender process for the procurement of mobile
handsets with Ethio Telecom
2.2. Riva Com provides performance guarantee / security to ethio telecom of 10% of total
purchase order in Birr.  
2.3. Riva Com provides after sales service with maintenance support
2.4. Riva Com provide technical support as needed
2.5. Riva Com submits and collects any document or contract on behave of Silver Lake
2.6. Riva Com negotiates with Ethio telecom regarding the contract and the performance on
behave of Silver Lake
3. KEY PRINCIPLES, COOPERATION AND GENERAL COVENANTS

4.1 Each Party agrees to collaborate, in accordance with the terms and conditions of this
Agreement, with the other Party in good faith.

4.2 Unless otherwise agreed elsewhere in this Agreement, each Party shall be responsible for
its investments, costs, taxes, assessments, fees, charges and other payments by virtue of
their respective benefits and obligations pursuant to this Agreement.

4.3 Unless otherwise agreed elsewhere in this Agreement, a Party shall not directly or
indirectly engage in any act that may interfere with or deprive the benefits and rights of
the other Party conferred to it under this Agreement.

4.4 Each Party shall use its Reasonable Endeavours to provide all support and assistance
reasonably requested by the other Party for purposes related to this Agreement.

4. CONFIDENTIAL INFORMATION

4.1. Each Party agrees that all code, inventions, know-how, business, technical and financial
information it obtains constitute the confidential property of the other.

4.2. Parties must keep customer data or information in a secure manner as confidential
information.
5. TERM OF AGREEMENT

5.1. Term

This Agreement is effective as of the Effective Date and will continue for so long as the
Main Contract remains in effect between Silver Lake and Ethio telecom, including during
any renewal or extension of the Main Contract (“Term”).

5.2. Termination

5.2.1. Either Party may terminate this Agreement if the other Party: (i) fails to cure any
breach of this Agreement within thirty (30) days after written notice of such breach;
or (ii) ceases operation without a secession.

5.2.2. Termination is not an exclusive remedy and the exercise by either Party of any
remedy under this Agreement will be without prejudice to any other remedies it may
have under this Agreement by law, or otherwise.

5.2.3. Each Party shall have the right to terminate this agreement, without notice, upon
termination of the main Contract.

5.3. Any termination of this Agreement shall not affect any accrued rights or liabilities of any
Party nor shall it affect the coming into force or the continuance in force of any
provision of this Agreement that is expressly or by implication intended to come into or
continue in force on or after such termination.

6. GOVERNING LAW
This Agreement shall be governed, interpreted, and enforced in accordance with the Laws of the
Federal Democratic Republic of Ethiopia.

7. AMENDMENT OF THE CONTRACT

Any waiver, amendment, or modification of any provision of this Contract shall be effective
only if it is made in writing and signed by a duly authorized representative of both parties.
8. EFFECTIVE DATE OF CONTRACT
This Agreement shall come into force immediately after its signature by both parties. Where the
parties affix their signature at different times, the later day shall be deemed to the date of
 signature. If the date is not mentioned on the signature space, the date stated in the preamble
of this contract shall deemed to be the date of signature of the contract.

IN WITNESS WHEREOF, the Parties have executed this Agreement on the Effective Date by their
duly authorized representatives.

For and on behalf of For and on behalf of

SILVER LAKE LINE GENERAL TRADING LLC RIVA COM IT
TECHNOLOGIES PLC

Name ______________________ Name ______________________

Title _______________________ Title _______________________
Signature ___________________ Signature ___________________
Date _______________________ Date _______________________

WITNESSES

Name ______________________ Name ______________________

Address ____________________ Address ____________________
Signature ___________________ Signature ___________________
Date _______________________ Date _______________________