AGREEMENT LETTER

Today :

At 13.00 ( thirteen point zero, Indonesian Time), who has signed below :

1. Miss NI LUH PUTU KASIANI, born in Galiran   Village , on the fourteenth of February 
nineteen eighty three ( 14 - 02 - 1983 ), Indonesian citizen, entrepreneur, live in Banjar Dinas
Dangin Margi, Pemaron  Village, Buleleng District, Buleleng Regency, Holder of identity card
number : 5108065402830009. Herein after referred to as : 
THE FIRST PARTY. 

2. MR. BRADLEY DEAN NORRIS, born in Barnet  on the eleventh  of February nineteen fiffy
six ( 11 - 02 - 1956), Australian citizen, live in Australia, Passport number PB2639298.
Herein after referred  to as : 
SECOND PARTY.

The parties here by explain in advance :  That the Second Party owns 1 ( one ) plot  of land
namely : A plot of land with  freehold number 772, covering an area of 80 M²( eighty square
meters) located in Tigawasa Village , Banjar District, Buleleng Regency, Province of Bali, as
described in the Letter of Measurements dated 09/ 06/2010: Number 00044 / Tigawasa 2010,
listed above name NI LUH PUTU KASIANI.

- Thus follows , everything that now already exists - and /or will exist in the future or be
established / embedded - and attached to the land which according to the characteristics
designation and as well as according to law are considered to be fixed objects ( immovable
property)

- Hence forth in this deed it will be referred to as " LAND" in connection with the matters
mentioned above and to avoid all disputes and disputes that may a rise in the future , the First
Party  and Second Party have agreed to enter into an agreement with the following terms and
condition:

ARTICLES 1

- The First Party here by declares that the First Party is willing to borrow its name for the process
returning the name of the land certificate belonging to the Second Party and holds ownership
rights to the land mentioned above including everything that stands / embedded on it, based on a
request from Second Party to the First Party

- The First Party acknowledges seriously  and In fact that the land mentioned above really
belongs to the Second Party. 

ARTICLES 2

The First Party  has no objection and will not claim compensation in any form to the Second
Party for the land as referred to above because the First Party realized that the name of First
Party listed in certificate for the land   is only borrowed by the Second Party. Therefore all right
and Obligations to the land including every thing that stands and embedded on the plot of land
are the property and burden of the Second Party. 

ARTICLES 3
 
The First Party agreed to : 

a. Sign all agreements  that at any time - required by the Second Party to be signed in connection
with the land
b. Giving the Second Party full rights to use the land with out interference from the First Party
and profit from the land.
c. Receive as a loan the money provided by the Second Party for the purchase of the land and
provide the land as collateral to secure loan repayments. For this purpose, the First Party is
willing to sign a loan agreement and other agreements in connection with the granting of the land
as collateral.
d. Give the Second Party Power of Attorney to sell the land.
e. Sell or transfer the land to another person, appointed by the Second Party.
f. If there is a down payment for the land mentioned above , it goes to the account of the Second
Party.

ARTICLES 4

The First Party here by declares , promises and agrees - that the First Party will not commit any
actions, laws that reduce the rights of the Second Party to the ownership of any legal actions that
that can reduce the rights of the Second Party to the ownership and / or control of the Second
Party over the land parcels referred to above and with out the prior written consent of the Second
Party.
a. Sell or transfer the above mentioned land to other party appointed by the Second Party.
b. Guarantee , of give Power of Attorney or enter into agreements with other people that enable
these people to have rights interest in the land.
c. That all rights and obligations to the land along with all the derivatives , with this deed the
First Party give to the Second Party, so that if later there is a blockage or something that can
reduce the ownership or control the land by the Second Party , the First Party or the heirs of the
First Party or those who have the right from the First Party , then with this deed alone these
matters can be declared null and  void , and these matters are declared no longer valid.

ARTICLE  5

The Second Party here by declares and agrees to indemnify all losses and guarantee the First
Party is free from all responsibilities, cost , expenses, taxes , levies or other losses arising as a
result of land ownership held by the First Party. Unless all of these responsibilities arise as a
result of the fault or negligence of the First Party.
- If some reason the Second Party is late not able to pay all obligations related to the land
mentioned above in a timely manner , then the Second Party allows the First Party to use and / or
transfer existing assets in proportion to paying off the labilities - obligations to be paid which can
be done after the First Party is unable to contact and receives news from the Second Party 3
times  in a row accompanied by written evidence.

ARTICLE 6

If the Second Party wishes to sell the land or transfer it in any way to another Party, the First
Party here by promises and binds its self to and will sign all kinds of deeds forms, letters to
achieve the purpose of transfering the above rights immediately after being asked by the Second
Party, provided that: the First Party hereby declares and that the Second Party is entitled to all
proceeds from the sale of the land if it is resold.

ARTICLE 7

The First Party here by grants the power to sell, the power of manage , the power to lease and the
power to enter into agreements with other parties over land ( if such agreement is made to
Second Party which cannot be revoked or cancelled for any reason and is an integral part of this
agreement, as further described in the notarial deed.