Terms and Conditions *:

The First Party, Francis Xavier Carmo Faleiro, as company Director, acting on behalf PT Royal
Resorts International, a Limited Liability Company having its registered office at JL.Baypass
Ngurah Rai, Banjar Kajeng, Desa Pemogan, Denpasar Selatan, Bali, Indonesia, the leaseholder
of the property at Jalan Raya Kuta No. 137, Kuta, Bali, states and gives The Second Party, Bali Home
Immo, PT Bali Properti Kontruksi, permission to market the property with the reference and address
stated above, respecting the terms and conditions as follows:

1. The First party warrants that:

a. The First Party is the leaseholder of the property mentioned above and the only party entitled to rent;

b. The above property is not in dispute with any third party;

c. The First Party shall provide notary cover note letter to proof the lease hold of the property to the
Second Party within 5 (five) days from the signing of this agreement.

2. The Second Party is entitled to an agent’s commission of:

a. 10% (ten percent) for yearly rental;

b. 20% (twenty percent) for monthly rental up to 6 (six) months, then 10% (ten percent);

c. 5% (five percent) for sale leasehold and freehold from a sales price captured between 0-15 billion IDR;

d. 4% (four percent) for sale leasehold and freehold from a sales price captured between 15-35 billion
IDR;

e. 3% (three percent) for sale leasehold and freehold from a sales price captured between 35-70 billion
IDR;

f. 2.5% (two and a half percent) for sale leasehold and freehold from a sales price above 70 billion IDR.

The percentage above (a, b, c, d, e, f) are calculated from the sales/rental price, for the services of the
Second Party which manages to effectively introduce clients to the First Party and arranges the making
of a lease agreement for the property. Agent's commission is charged to the First Party. Tax is applied
following the Indonesian tax regulation and paid by the First Party.
3. The Second Party shall receive their commission after full payment is paid to the First Party and the
due diligence is completed.

4. Without prior notification, the First Party is not permitted sell or to rent out the property directly to
the client and/or any people present in inspections carried out by the Second Party.

5. In the event that the First Party sells or rents out the property directly to the client introduced by the
Second Party as referred to in point 4 above, the First Party must pay a fine of 2% (two percent) of the
gross price and agency commission in accordance with point 2 of this agreement to the Second Party.
Payment is due after the signing of the lease or purchase agreement.

6. The First Party allows the Second Party to promote the property with online/offline marketing support
and all the marketing cost will be paid by the Second Party. The First Party must provide weekly report
to the First Party by email and attach proof of the marketings.

7. If the First Party sells or rents out the property without the intermediary of the Second Party, the First
Party shall inform the buyer’s/tenant’s name to the Second Party. The Second Party is permitted to
request the buyer’s/tenant's ID and the lease or purchase agreement to verify that the buyer/tenant is
not a client of the Second Party. Any information disclosed by the First Party will remain confidential.

8. When a transaction is processed with the Second Party’s client, then a Deposit on the notary’s bank
account or the Second Party’s account will be requested and shall be transffered to the First Party bank
account in full amount within 2 days the latest. The amount of Deposit is determined by the First Party
and agreed by the Second Party and the client. The balance payment must be transferred to the notary's
bank account before transfer to the First Party bank account. The agent commission will be deducted
from the balance payment and will be transferred from the Notary bank account. After deducted Notary
fees & costs, and the agent commission, the notary will transfer the balance payment to the First Party
bank account.

9. If the deposit is stored in the notary’s bank account or the Second Party’s account, the First Party has
to cease all promotion of the property and reserve the property for the Second Party’s client.
10. In the event that the transaction is cancelled by the buyer/tenant after the deposit is paid, therefore
the deposit will be split between the First Party and the Second Party. The Second Party will receive 50%
(fifty percent) of the deposit or agent commission in accordance with point 2 of this agreement,
depending on the amount of deposit. The First party is entitled to the deposit and The deposit balance
will be transfrred to the First Party within 2 days.

11. This is not an exclusive agreement. The First Party has right to renting out the property without the
agent involvement. The First Party can get own clients to rent out the property anytime before the
Second Party client's transferred Deposit to notary bank account.

12 When the First Party has own client to renting out the property, the Second Party has no right to get
the Agent comission or asking any other costs compansation to the First Party.

13. This agreement is valid from ______/_____/2023 until ______/_____/2023.

I accept the Terms and Conditions.

Francis will signed on the agreement.