LETTER OF INTENT FOR INVESTMENT

This LETTER OF INTENT is made on 04 May 2024

Between

(1)            PARTY_1_NAME whose principal place of business is at PARTY_1_ADDRESS_SINGLE_LINE ("Party 1")

(2)            PARTY_2_NAME whose principal place of business is at PARTY_2_ADDRESS_SINGLE_LINE ("Party 2", together with Party 1, the "Parties")

Whereas

The Parties wish to set out in this Letter of Intent ("LOI") the general terms and conditions of a proposed investment by Party 1 in return for the OWNERSHIP interest in TARGET(the “Target”).  The Target is in the business ofBUSINESS

The parties recognise that the various arrangements will need careful review but each will endeavour in good faith to agree the detailed terms of the investment, on the basis of the principles set out in this LOI, and to take all necessary other actions in order successfully to complete the Proposed Transaction (as defined below).

1. Investor

Party 1 is the investor "Investor".

2. The Proposed Transaction

The Investor shall invest the Investment Amount (as defined below) in the Target in exchange for OWNERSHIP% interest in Target (the “Proposed Transaction”),

3. Total Investment 

The total investment is estimated to be CURRENCY INVESTMENT. The exact amount of total investment will be defined in the agreement entered between the parties pursuant to this Letter of Intent.