**SERVICES      AGREEMENT**

**Service      Agreement**

|   | - | **IBEROCONS                S.A.,**a                corporation duly incorporated and existing under the laws of Spain,                with                domicile at**Cae**17th                Ofice Building of the Almería Campus University , of the Cañada of San                Urbano,                04120                Almería (Spain),                duly                represented by Mr. JOSÉ R. DÍAZ ÁLVAREZ as its managing director,                identified with voting card No 27.193.172-L, hereinafter referred to as                **“THE                PROVIDER”**,                and |
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|   | - | **STRATOS                DEL PERU S.A.C.,**a                corporation duly incorporated and existing under the laws of the                Republic                of Peru, with RUC                (taxpayer identification number) No 20515769774,                with domicile at** **Av.                Canaval y Moreyra 380 - Oficina No. 401 - San Isidro - Lima - Lima                - Perú                duly represented by Mr. CARLOS ANTONIO SALAS VINATEA, identified                National                Identification Card No 09378202, and by Mr. JULIO CÉSAR ANTONIO ALONSO                LINDLEY, identified with National Identification Card No 40401999,                hereinafter referred to as “**THE                PROVIDED**”. |
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**THE      PROVIDED **
**THE      PROVIDER**
** **
** **

**FIRST:      BACKGROUND**

| **1.1** | **THE                PROVIDED**is                a company duly incorporated in the Republic of Peru, which is owner                of                *Ingenio                Estrella del Norte*located                at the city of Chepén, la Libertad (hereinafter **“THE                SUGAR MILL”**) |
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| **1.2** | On                the other hand, **THE                PROVIDER**                is                a Technology-based                Company of the University of Almeria, duly incorporated in Spain,                with                experience in the rendering services indicated in the Second Clause                of                this agreement. |
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| **1.3** | As                complement of its activities, **THE                PROVIDED**                is                interested in hiring **THE                PROVIDER**in                the terms and conditions provided in this agreement. |
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**SECOND:      PURPOSE**

**THE      PROVIDED**
**THE      PROVIDER **
**THE      PROJECT**
**THE      SUGAR MILL, **
** **

**THIRD:      PERIOD**

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**FOURTH:      CONSIDERATION**

| **4.1** | The                consideration established by the parties was of $ 33,000.00 (thirty-three                thousand and 00/100 US dollars), amount to which the corresponding                taxes                will be added. |
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| **4.2** | The                amount** **                before mentioned will be paid to **IBEROCONS                SA**                in                the following account: |
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**CAJAMAR**

**Oficina      Universidad de Almería (Almeria University Office) **

**Ctra.      De Sacramento s/n; 04120 La Cañada (Almería) ESPAÑA**

**ES59      3058 0130 1027 2000 5189**

**CCRIES2A**

|  | - | Sixty                percent (60 %) at the signing of this                agreement. |
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|  | - | Forty                percent (40%) after the presentation and acceptance of the final                report                delivered after the consultancy. |
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| 4.3. | Without                prejudice of the aforesaid, **THE                PROVIDER**                understands that pursuant to the Laws of the Republic of Peru,                **THE                PROVIDED**                will make the corresponding withholdings of the consideration that                will be                paid to **THE                PROVIDER**by                **THE                PROVIDED.** |
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| 4.4. | All                the payment vouchers that **THE                PROVIDER**                will present to **THE                PROVIDED,**will                be given at the address indicated in the introductory part of this                agreement. |
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**FIFTH:      OBLIGATIONS OF THE PROVIDER **

| 5.1. | To                develop and present**THE PROJECT**                in                writing and in digital format to **THE                PROVIDED.** |
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| 5.2. | To                carry out the duties assumed in this agreement, which are important                conditions and are described herein. |
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| 5.3. | To                rend the services which are the purpose of this agreement on its                own                account with its own financial, technical, material resources or                those                necessaries for rending the services matter of this agreement. |
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**THE      PROVIDED**
**THE      PROVIDER **
**THE      PROVIDED **

**SIXTH:      VISITS **

| 6.1. | **THE                PROVIDER**through                its representatives, will visit once (01) the Republic of Peru for                the                purposes of developing the inherent activities of the services here                engaged. |
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**THE      PROVIDER**

| 6.2. | The                consideration indicated in the Forth Clause of this agreement, includes                all the expenses and costs that **THE                PROVIDER**                could incur as consequence of the execution of this agreement, including                the visits of its agents to the Republic of Peru. |
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| 6.3. | **THE                PROVIDER**through                its representatives, will execute the services that is in charge                of in the                city of Chepen, Peru, where is located **THE                SUGAR MILL,**nonetheless,                it will be also necessary that **THE                PROVIDER**                will visit the place(s) indicated by **THE                PROVIDED.**  |
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| 6.4 | For                the achievement of the objectives described in this clause, **THE                PROVIDER**                will communicate in advance and in writing to **THE                PROVIDED**the                list** **of                appointed agents for the realization of the services matter of this                agreement. |
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| 6.5. | In                case of default by **THE                PROVIDER**                of                any of the duties of this Clause, **THE                PROVIDED**will                has the power to terminate** **in                advance this agreement under the protection of the provisions of                the                article 1430o of the Peruvian Civil Code, for this purpose will be enough                that **THE                PROVIDED**                will sent a writing communication to **THE                PROVIDER.** |
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**SEPTH:      AMENDMENTS AND AGREEMENT ́S TERMINATION**

| 7.1. | All                amendment of this agreement which constitute elimination, reduction,                extension and/or incorporation of services, subject to the agreement                of                the parties, will be carried out through the signature of an Addendum                which will be considered an integral part of the agreement. |
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| 7.2. | Nevertheless                the term established in the previous Third Clause, **THE                PROVIDED**shall                be empowered to terminate this agreement in case of default of the                duties                assumed by **THE                PROVIDER.**  |
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**THE      PROVIDED**
**THE      PROVIDER **

| 7.3. | Further                expired the term indicated in the Third Clause of this agreement                without                the culmination of **THE                PROJECT**                by                **THE                PROVIDED, THE PROVIDER**will                be empowered to discount, of the consideration described in the Forth                Clause, the amount of US $ 100.00 (one hundred and 00/100 US dollars)                for                each day of delay as penalty, without prejudice of subsequent damage. |
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**EIGHT:      CONFIDENTIALITY**

| 8.1. | **THE                PROVIDER**                binds itself to keep as confidential** **all                and any information of**THE PROVIDED**or                about** **its                business, to which he has had access on the occasion of the execution                of                this agreement. This Obligation will be in force nevertheless the                maturity                or termination of this agreement. ** ** |
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| 8.2. | It                is excluded of this provision, the information that: (a) was public                at the                moment when was given to **THE                PROVIDER**                or                if it becomes public by another event different to a default situation                of                the duties assumed by any of the parties, (b) **THE                PROVIDED**                has acquired without assume an confidential obligation, of any source                different to the other party, its agents, officers, employees,                subcontractors or advisers; and (c) that should be reveal and /or                disclosed in development or by mandate of a law, decree, sentence                or order                of the corresponding authority on the exercises of its legal functions. |
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| 8.3. | **THE                PROVIDER**binds                itself to take necessary precautions and warranties to ensure that                the                duty of confidentiality that assume by this document will be accomplished                strictly by its employees, officers, engaged personnel and all the                personnel that is in charge of. In case that any of them disregard                such                obligations, voluntarily or involuntarily, directly or indirectly,                will                assume the responsibility in a supportive form, compensating **THE                PROVIDED**                for these damages and prejudices caused in case of default. |
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**NINTH:      ASSIGMENT OF DUTIES AND RIGTHS **

**TENTH:      OF THE AGREEMENT NATURE AND INDEMNITIES**

| 10.1 | The                parties expressly establish that this agreement has a civil nature                and                does not matter the relation of subordination or any dependence of                **THE                PROVIDER,**its                employees or personnel in charge of **THE                PROVIDED,**or                the personnel engaged by him. |
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| 10.2 | Further,                **THE                PROVIDED**                is                not responsible for the default by **THE                PROVIDER**                of                its administrative, tax system duties or, in general, for obtaining                or                renovating of its authorizations, permissions, licenses, and concessions                or similar demanded for the development of its business activities                and for                the compliance of the provision purpose of this agreement. In this                sense,                **THE                PROVIDER**                abides itself to keep undamaged **THE                PROVIDEDR**against                any action that could be made to him as consequence of default by                **THE                PROVIDER**                of                this provision. |
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**ELEVENTH:      DECLARATION OF THE PROVIDER**

**THE      PROVIDER declares that: **

| **(i)** | Does                not have an established place of business in Peru, or representatives                in                Peru that usually exercise faculties to hire on its                representation. |
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| **(ii)** | The                services required herein will not be carried out through the use                of an                established place of business in                Peru. |
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**THE      PROVIDER**
**THE      PROJECT; **
** **
**THE      PROVIDED**
** **
** **

**TWELFTH:      TOTAL AGREEMENT **

**THIRTEENTH:      GOVERNING LAW**

**FOURTEENTH:      ARBITRATION**

| 14.1. | This                agreement will be governed by the Peruvian laws and                rules. |
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| 14.2. | Any                dispute, controversy, estrangement, difference or claim arising out                between the parties related to the interpretation, execution, resolution,                culmination, effectiveness, annulment, abolition or invalidity derived                or                related to this agreement that could not be settled by mutual consent,                will be submitted to arbitration of right. |
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| 14.3. | There                will be three arbitrors, each party will appoint one arbitror and                these                two arbitrors will appoint the third one who will chair the arbitral                tribunal. If any of the parties does not appoint its corresponding                arbitror within the fifteen (15) calendar days after receiving the                written                request by the party that requires the arbitration or if within an                equal                term of 15 calendar days starting from the day of the appointment                of the                second arbitror, the two arbitrors could not come to an agreement                about                the third arbitror, the appointment will be made, at the request                of any of                the parties by the National and International Arbitration and Conciliation                Center of the Chamber of Commerce of Lima. |
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| 14.4. | In                case that for any circumstance a substitute arbitror should be appointed,                this arbitror will be appointed following the previous                process. |
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| 14.5. | The                arbitration will be hold in Lima-Peru. The official language of the                arbitration will be Spanish. |
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| 14.6. | The                Parties waive any right to appeal the arbitral award. |
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| 14.7. | For                any intervention of the judges and the ordinary tribunals within                the                arbitral process, the parties are expressly submitted to the jurisdiction                of the judges and tribunal of the district of Lima, waiving to their                own                jurisdiction. |
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**FIFTEENTH:      AGREEMENT EXECUTION **

| **THE                PROVIDED**                                                                                  |   | **THE                PROVIDER**                                                                             |
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|    **Carlos                Antonio Salas Vinatea****Gerente                General**              |   | **José                R. Díaz Álvarez****Consejero                Delegado de Iberocons SA** |
|     **Julio                César Antonio Alonso Lindley****Apoderado                A** |   |                                                                                                        |
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