THIS NOVATION AGREEMENT is entered into on 24 November 2024

Between

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

(2)            PARTY_2_NAME whose principal place of business is at PARTY_2_ADDRESS_SINGLE_LINE (the "Transferee")

(3)            PARTY_3_NAME whose principal place of business is at PARTY_3_ADDRESS_SINGLE_LINE (the "Counterparty")

Whereas

(A) Transferor and Counterparty entered into an AGREEMENT agreement dated DATE (the Agreement).

(B) Transferor has agreed to transfer the Agreement to Transferee for the consideration of the parties incurring obligations and giving rights under this Novation Agreement and the Agreement and for other valuable consideration.

(C) Except as specified otherwise in this Novation Agreement, Transferor wishes to be released and discharged from the Agreement and the parties have agreed to the novation of the Agreement and to the addition of Transferee as a party to the Agreement, and its assumption of certain rights and obligations in place of Transferor.

It is agreed

1. Novation

In consideration of the mutual undertakings contained in this Novation Agreement, and with effect from the date of this Novation Agreement (the Novation Date):

(a) Transferee shall become a party to the Agreement on the terms of this Novation Agreement;

(b) Transferee undertakes with Counterparty to accept, observe, perform and discharge all the Transferring Obligations in place of Transferor;