AGREEMENT ON

COMPANY’S MEMBERSHIP WITHDRAWAL

Closed in______, dated ________
PARTIES TO THE AGREEMENT
1. X, address____________________, and
2. Y
(jointly designated further below as The Parties)
The Parties hereby agree as follows:
Article 1.
X and Y are co-owners of the company Z, a company established and validly existing under the laws of ______________, with its
registered seat at A, registered with the ________ Business Registers Agency under company identification number B (Further
below: C).
Article 2.
The Parties mutually agree and declare that X and Y closed the Framework Sale and Purchase Agreement with Company, duly
signed and certified with authorized Notary Public, certification no. ___________.
Article 3.
The subject to the above cited Framework Sale and Purchase Agreement is (i) the sale by C and purchase by Company of certain
Assets for the purchase price in the amount of EUR _________and (ii) the sale by Y and purchase by Company of the share of
portions in the SPV , for the purchase price in the amount of EUR __________ sales in accordance with the terms and
conditions of the said Agreement, the contents of which are acknowledged by all the Parties herein. The aggregate purchase
price for the subject matter of sales of the Framework Sale and Purchase, thus amounts to EUR _________
Article 4.
The realization of the sales contracted in the Framework Sale and Purchase Agreement shall effect the cessation of the core
business operations of C.
Thus, X hereby declares, and Y accepts, recognizes and expressly guarantees its consent to the aim , purpose and willing of X to
withdraw its membership from C consisting of xx % of share of portions in share capital of C.
It is jointly, expressly, and irrevocably agreed that, subject to the realization of the Framework Sale and Purchase Agreement
and collection of purchase price, X shall be entitled to the compensation for the withdrawal in the gross amount of EUR ---------
------------.
Article 5.
The Parties agree to conduct mutual discussions and conditions of X’s withdrawal with compensation, starting immediately.
Article 7.
Any dispute arising between the Parties out of or in connection with this Agreement that has not been resolved amicably by
and between the Parties shall be resolved by the competent court in ______________.
The applicable material law to this Agreement is of _____________ jurisdiction.

This Agreement is closed in 3 (three) identical copies, duly signed by all contractual parties under their mutual will and consent.