Document:

Exhibit 10.2

 

SUBSCRIPTION AGREEMENT

The Royal Country Club and Recreation Holdings, Inc.,

a Nevada corporation

On the terms and subject to the conditions specified in that certain Prospectus dated January _____, 2016 (the “Prospectus”) and filed with the Securities and Exchange Commission (the “SEC”), The Royal Country Club and Recreation Holdings, Inc., a Nevada corporation (the “Company”), is offering for sale a maximum of 16,000,000 shares of its common stock (“Offered Shares”) at a purchase price of $.025 per Offered Share.

Those defined (capitalized) terms used in this Subscription Agreement without definitions specified in this Subscription Agreement shall have the same definitions and meanings specified by the applicable provisions of the Prospectus.

This Subscription Agreement must be completed and delivered to:

The Royal Country Club and Recreation Holdings, Inc.

Room E, 4F., No. 106, Zhouzi Street, Neihu District

Taipei City, 114, Taiwan (Republic of China)

Subscriptions must be funded (at a price of $.025 per Offered Share) by check, bank draft or wire transfer.

Subscriptions will only be accepted from persons or entities that, in the opinion of management of the Company, are capable of bearing the risks associated with an investment in the Company.

How to Subscribe

To subscribe for Offered Shares, you must complete this Subscription Agreement and pay the appropriate subscription price.

Directions for the Subscription Agreement are as follows:

	1.	Be sure to provide your correct name and address, as this information will appear on the official records of the Company.

2.            Sign and be sure that you have checked and initialed the appropriate type of ownership.

	3.	Signature and Supporting Material Requirements ‐ The following requirements have been established for the various ways in which Offered Shares may be purchased and held other than by you as an individual:

HUSBAND AND WIFE: The signatures of both husband and wife are required, unless a separate document signed by both parties and designating either party as agent of the other party for purposes of signing accompanies the Subscription Agreement.

OTHER FORM OF CO-OWNERSHIP: The signatures of all parties are required.

PARTNERSHIP: The Subscription Agreement must be accompanied by a copy of the signed partnership agreement.

TRUST: The Subscription Agreement must be accompanied by a copy of the signed trust agreement.

CORPORATION: The Subscription Agreement must be accompanied by a certified copy of the resolution of the Board of Directors of the subscribing corporation designating the officer(s) of that corporation authorized to sign on behalf of that corporation and of the resolution of that Board of Directors authorizing the purchase of Offered Shares.

4.            Furnish the following:

	
(a)

	
Completed Subscription Agreement

	
(b)

	
Supporting material if required (Item 3 above).

	
(c)

	
A check, bank draft or bank wire in the amount of your subscription (see below).

By signing this Subscription Agreement, without waiving any of your rights pursuant to applicable federal or state laws, you covenant and agree as follows:

1.            You acknowledge that you have received a copy of the Prospectus. You acknowledge that you have read the Prospectus completely, including, without limitation, the Risk Factors specified therein.

	2.	On the terms and subject to the conditions of the Prospectus and this Subscription Agreement, you hereby subscribe for the number of Offered Shares specified below for a subscription price of $0.01 per Offered Share.  You hereby agree that this subscription shall be irrevocable and shall survive your death or disability.  Payment of the purchase price for Offered Shares is due upon subscription.

	3.	You acknowledge and agree that (i) management of the Company has the right to accept or reject this subscription in whole or in part, and (ii) this subscription shall be deemed to be accepted by the Company only when this Subscription Agreement is signed by the officers of the Company authorized to sign this Subscription Agreement on behalf of the Company. You agree that subscriptions need not be accepted by the Company.  You agree that subscriptions need not be accepted by the Company in the order in which subscriptions are received.

4.            You are not relying on the Company or its affiliates with respect to economic considerations involved in connection with your purchase of Offered Shares. You have relied solely upon such independent investigations made by you or by your representatives in making your decision to purchase Offered Shares, and except for the Prospectus, no oral or written representations have been made to, or relied upon by, you in connection with that decision.

5.            You have the requisite knowledge and experience to evaluate the relative business aspects and risks, or you have relied upon the advice of experienced advisors with regard to business aspects and risks, and other considerations involved in purchasing Offered Shares.

6.            You acknowledge that although the Offered Shares are registered with the SEC pursuant to the Securities Act of 1933, there may be restrictions regarding the resale of the Offered Shares imposed by the securities laws of the particular jurisdiction in which you reside. Accordingly, you will not offer or sell Offered Shares in any jurisdiction, unless you obtain all required consents, if any.

7.            You understand that a purchase of Offered Shares is a speculative investment, which involves significant risks and the potential loss of the entire amount you paid for Offered Shares.

9.            You acknowledge that no federal or state agency has (a) made any finding or determination as to the fairness of a purchase of Offered Shares, (b) made any recommendation or endorsement of the Offered Shares, or (c) guaranteed or insured any investment in the Offered Shares or any investment made by the Company.

10.            You understand that the price of the Offered Shares has no relation to the assets, book value or net worth of the Company and has been determined arbitrarily by the Company.

11.            It has been called to your attention by the Prospectus that the Company has been formed quite recently and has no history of earnings.

12.            It has been called to your attention by the Prospectus that the amount you pay the Company for your purchase of Offered Shares will not be deposited in an escrow or similar account; but, rather, that amount shall be made available to the Company immediately upon its acceptance of your subscription.

13.            You and your representatives have had the opportunity to discuss all material aspects regarding a purchase of Offered Shares with management of the Company, and any and all questions asked have been answered to the full and complete satisfaction of you and your representatives.

14.            You have adequate net worth and means of providing for your current needs and contingencies to sustain a complete loss of your investment in the Company at the time of investment, and have no need for liquidity in connection with the Offered Shares purchased by you. You currently can afford a complete loss of the amount you will pay for those Offered Shares.

15.            You have attained the age of majority (as established in the state in which you reside), if an individual, and you have no legal disability with respect to entering into a contractual relationship with the Company and executing this Subscription Agreement.

16..            If and when this Subscription Agreement is accepted by the Company, you will have purchased the number of Offered Shares set forth above your signature on the signature page of this Subscription Agreement. The Offered Shares which you offer to purchase hereby shall not be deemed issued to, or owned by, you until (a) you have fully paid the applicable purchase price for the Offered Shares and (b) the Company has accepted your offer to purchase. The Company shall have until the closing date of the offering of Offered Shares or any extension of that offering to accept or reject your offer, at its sole discretion.

Number of Offered Shares Subscribed for:

You are subscribing to purchase a total of ________ Offered Shares at $.025 per Offered Share ($_______________) by (check and initial applicable line):

	  [  ]	 ____________                                        	$_____________                          	(for _____ Offered Shares) paid by check

	  [  ]	 ____________                                        	$_____________                          	(for _____ Offered Shares) paid by bank draft

	  [  ]	 ____________                                        	$_____________                          	(for _____ Offered Shares) paid by wire transfer

Payment Instructions

	MAKE CHECK PAYABLE TO:	“The Royal Country Club and Recreation Holdings, Inc.”

MAIL TO:  Room E, 4F., No. 106, Zhouzi Street, Neihu District, Taipei City, 114, Taiwan (Republic of China)

WIRE TRANSFER INSTRUCTIONS:

__________ Bank

________________

________________

________________

Routing Number: __________

Swift Code: ______________

Account Number: _________

Print name(s) in which Offered Shares are to be registered:

For details, see How to Subscribe (above)

NAME: (1)____________________________________                                                                                                                                                                                      

NAME: (2)____________________________________                                                                                                                                                                                      

Address: _____________________________________                                                                                                                                                                                     

 ____________________________________________                                                                                                                                                                                       

Title to your purchased Offered Shares is to be held as follows (check and initial one):

(a)________                                    Husband & Wife

(b)________                                    Individual

(c)________                                   Corporation

(d)________                                    Partnership

(e)________                                    Trust

(f)________                                      Other                          Please describe:__________________________________________                                                                                                 

NOTE:  BY SIGNING THIS SUBSCRIPTION AGREEMENT AND UPON ACCEPTANCE THEREOF, YOU ARE ENTERING INTO AN AGREEMENT AND AGREEING TO INVEST MONEY WITH THE COMPANY.

The undersigned hereby certifies that the undersigned has answered the foregoing to the best of the undersigned’s knowledge, that the undersigned’s answers are complete and accurate, and the undersigned declares under penalty of perjury that the foregoing is true and correct.

This Subscription Agreement constitutes the entire agreement among the parties hereto with respect to the subject matter hereof.

DATED:______________________ , 201__, at___________________________                                                                                                  

 

(1)___________________________                 (2)____________________________                                                                                 

NOTE: If Offered Shares are to be registered in more than one name, all subscribers must sign.

Acceptance of Subscription

Agreed to and accepted:

By:            The Royal Country Club and Recreation Holdings, Inc.,

a Nevada corporation

By:        __________________________________________                                                                          

Its:            PresidentExhibit 10.1

 

CONSULTING AGREEMENT

 

 

 

		BETWEEN:	ROI Land Investments, Ltd., a corporation
formed under the Laws of the state of Nevada having its principal executive office at 999 Maisonneuve Blvd., Suite 750, Montreal,
Quebec, Canada H3A 3L4, herein represented by its Executive Chairman, Dr. Sami B. Chaouch, who declares being duly authorized to
act hereinafter;

 

 

HEREINAFTER REFERRED TO AS "ROI";

 

 

		AND:	SF International Consulting Limited a company registered in England & Wales with number
09885820 and whose registered office is at 19 Connaught Square, W2 2HJ London, specifically for the services of Dr. Slim Feriani;

 

HEREINAFTER REFERRED TO AS "Consultant";

 

HEREINAFTER COLLECTIVELY REFERRED
TO AS THE “Parties”.

 

 

 

RECITALS

 

		(A)	ROI is a U.S. public corporation
which acquires, funds and services land development opportunities; 

 

		(B)	Consultant is engaged in the business
of advising; 

 

		(C)	ROI wishes to retain the services
of Consultant to assume the responsibilities of Chief Investment Officer and Senior International and Strategic Advisor with a
focus on the U.K. and Emerging Markets

 

		(D)	Consultant agrees, on an exclusive basis
and for consideration, to perform such services for ROI’s benefit;

 

NOW THEREFORE, THE PARTIES AGREE AS FOLLOWS:

 

		1.0	INTERPRETATION

 

		1.1	Definitions

 

Unless otherwise indicated, capitalized words
and expressions appearing in the Agreement or in any ancillary or subordinate documentation will be interpreted or construed as
follows:

 

    	 	1	 

     

    

 

		1.1.1	Agreement

 

means this agreement including its recitals
and schedules, any related or ancillary agreement or document identified therein, as well as any amendment made thereto from time
to time by the PARTIES;

 

		1.1.2	Best Efforts

 

means the efforts that a person, desirous of
achieving a result and acting prudently and diligently would use in similar circumstances to maximize, to the extent reasonably
practicable, the probability that a result will occur and includes the generally recognized or common trade practices of any trade
or profession as well as the generally acknowledged best practices in a field of activity;

 

		1.1.3	Breach

 

means any misrepresentation, inaccuracy, error,
omission, non-compliance, infringement, failure, claim or other circumstance relating to a representation, warranty, covenant,
obligation or other provision of the Agreement leading to:

 

		(a)	any infringement of the Agreement; or

 

		(b)	any claim by any person or other occurrence
or circumstance that (i) is inconsistent with a covenant, obligation or other provision of the Agreement and (ii)
causes harm to such Person;

 

		1.1.4	Confidential Information

 

means any commercial, technical, scientific,
financial, legal, personal or other information disclosed by ROI to CONSULTANT relating
to ROI business activities, strategies or opportunities, Intellectual Property, suppliers, customers, financial condition or employees
which, at the time of disclosure, is designated as confidential, is disclosed in confidence, or would be understood by CONSULTANT,
exercising reasonable business judgment, to be confidential, but excludes:

 

		(a)	information known by CONSULTANT
before the date on which it is received;

 

		(b)	information known by the public or available
to the public before the date on which it is received;

 

		(c)	information which becomes known by or
available to the public after the date on which it is received;

 

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		(d)	information received at any time by a
person not bound to one of the Parties by an undertaking of confidentiality with regard to such information;

 

		(e)	personal information provided by an individual
when such information is being used for the purpose for which it has been previously disclosed or any other purpose permitted by
Law;

 

		1.1.5	Force Majeure

 

means any event beyond the control of a Party
which could not have been reasonably foreseen and against which it could not have protected itself such as, without limiting the
generality of the foregoing, natural disasters, epidemics, fires, accidents, acts of war (whether declared or not), insurrections,
riots, acts of terrorism, wildcat strikes, partial or total work stoppages or slowdowns, lock-outs, power or communications breakdowns,
interventions by civil or military authorities, compliance with any orders of governmental authorities, courts or tribunals or
public authorities;

 

		1.1.6	Intellectual Property

 

means any intangible asset, the proprietary
rights of which may be protected by contract such as trade secrets, know-how and other similar assets and any intangible asset,
the proprietary rights of which are protected by any Law such as patents, copyright, trademarks, industrial designs, integrated
circuit topographies or plant species and includes any application made to and any registration or patent issued by a public authority
for the purpose of securing proprietary or intellectual property rights to such intangible assets;

 

		1.1.7	Law

 

means a federal, provincial, state, municipal
or foreign law, any regulation, ordinance, code, guideline, policy, or rule of civil or common law, any trade amendment thereto
and any judicial or administrative order, consent, decree or judgment and may also include an international treaty or trade agreement,
and any reference to a repealed statute shall be deemed to be a reference to such a statute and its related regulations as they
existed prior to said statute being repealed;

 

		1.1.8	Legal Representatives

 

means, in respect of each Party and, as the
case may be, it’s authorized assignee, when a natural person, the executors or administrators of his estate, his legal heirs,
legatees, successors or mandataries and, when a legal person, its directors, officers, shareholders, members, employees and representatives;

 

1.1.9Independent Contractor Status

 

It is expressly acknowledged by the parties
hereto that Consultant is an independent contractor and nothing in this Agreement is intended nor shall be construed to create
an employer/employee relationship or a joint venture of any kind including any principal/agent relationship between the Corporation
and Consultant. The Corporation shall not have any right to exercise any control or discretion over the manner or method by which
Consultant performs services hereunder; provided, however, the services to be provided by Consultant hereunder shall be provided
in a manner consistent with the professional standards governing such services and the provisions of this Agreement. Neither party
shall have any authority to act for the other party, except as expressly provided herein, and Consultant shall have no right or
power to create any liability or obligation for or on behalf of the Corporation or to sign any documents on behalf of the Corporation.

 

    	 	3	 

     

    

 

		1.2	Precedence

 

The Agreement reflects the entire understanding
between the Parties. It supersedes all other written or verbal promises or covenants made prior to its signing in addition to any
schedules hereto attached and all amendments agreed upon by the Parties which do not comply with the content of the Agreement.

 

		1.3	Jurisdiction

 

		1.3.1	Governing Law

 

The Agreement shall be interpreted, construed
and performed in accordance with applicable Laws of England and shall be subject to the exclusive jurisdiction of the English courts,
to which the parties agree to submit.

 

		1.3.2	Non-Compliance

 

		(a)	Severability

 

In the event that any provision of the Agreement
is deemed to be invalid or unenforceable, such provision shall, whenever possible to do so, be interpreted, construed, limited
or if necessary severed to the extent necessary to eliminate such invalidity or unenforceability. All the remaining provisions
of the Agreement shall remain valid and continue to bind the Parties.

 

		(b)	Substitute Provision

 

If required, the Parties agree to negotiate
in good faith a valid enforceable substitute provision which most nearly reflects the Parties original intent in entering into
the Agreement or to provide an equitable adjustment in the event no such provision can be added.

 

		1.4	Miscellaneous

 

		1.4.1	Cumulative Rights

 

All rights referred to in the Agreement are
cumulative and not mutually exclusive. Any waiver of the enforcement of a right granted by one of the Parties for the benefit of
another in the Agreement shall, under no circumstances, be interpreted or construed as a waiver of the enforcement of any other
right granted hereunder unless, as a matter of exception, the wording of a provision of the Agreement requires such interpretation
or construction.

 

    	 	4	 

     

    

 

		1.4.2	Financial References

 

All amounts referred to in the Agreement are
in US dollars. Unless otherwise indicated in the text, the amounts stated in the Agreement shall not be construed as including
any type of taxes which may be levied on such amounts by public authorities during the term of the Agreement.

 

		1.4.3	Gender and Number

 

Unless otherwise required by the context, words
importing the singular shall include the plural and vice-versa, and words importing the use of any gender shall include all genders.

 

		1.4.4	Headings

 

Headings used in the Agreement have no interpretative
value and their sole purpose is to facilitate cross-referencing therein.

 

		2.0	PURPOSE

 

		2.1	Retainer

 

Subject to compliance with the terms of the
Agreement, ROI hereby agrees to retain on an exclusive basis for the performance of the tasks hereafter described in Section 2.2,
the professional services of CONSULTANT, represented by Dr. Slim Feriani, who in exchange for conpensation, agrees to assume the
role of Chief Investment Officer with a special focus on the U.K. and perform the aforementioned tasks and to comply with the terms
of the Agreement.

 

		2.2	Tasks of CONSULTANT

 

CONSULTANT will report to the President, Philippe
Germain, and shall be accountable for, among other tasks that will be assigned to him by the President:

 

		(a)	In
close collaboration with the Marketing Department, creating and presenting a consistently applied investment message to the investment
community on behalf of ROI;

 

    	 	5	 

     

    

 

		(b)	In
close collaboration with the Marketing Department, monitoring and presenting to management the opinions of the investment community
regarding the company's performance; 

 

		(c)	Developing and maintaining
a company investor relations plan;

 

		(d)	Developing and monitoring
performance metrics for the investor relations function;

 

		(e)	Monitoring operational
changes through ongoing contacts with company management, and developing investor relations messages based on these changes;

 

		(f)	Collaborating in
managing the investor relations portion of the company web site;

 

		(g)	Monitoring analyst
reports and summarising them for senior management;

 

		(h)	Serving as the key
point of contact for the investment community in the U.K. and Emerging Markets;

 

		(i)	Establishing and
maintaining relationships with stock exchange representatives;

 

		(j)	In collaboration
with the Marketing Department, organizing conferences, road shows, earnings conference calls, and investor meetings;

 

		(k)	Providing feedback
to management regarding the U.K. and Emerging Markets investment communities’ perception of how the company is being managed,
and their view of its financial results;

 

		(l)	Representing the
views of the U.K. and Emerging Markets investor communities to the management team in the development of corporate strategy

 

		(m)	Providing feedback
to the management team regarding the impact of stock repurchase programs or dividend changes on the U.K. and Emerging Markets investment
communities.

 

		3.0	CONSIDERATION

 

		3.1	Fees

 

		a)	As consideration for the performance of the aformentioned tasks, ROI agrees to pay CONSULTANT consulting
fees under the form of a non-refundable monthly retainer of fifty thousand US dollars (USD$50,000) to be paid at the end of each
month

 

		b)	In addition, Consultant will receive a signing bonus of one hundred thousand US dollars ($100,000)
and twenty three thousand three hundered and thirty-three (23,333) shares of ROI restricted common stock. Consultant will also
receive seven hundred and fifty thousand (750,000) stock options at an exercise price of one US dollar and fifty cents (USD$1.50)
to be vested annually over three (3) years and expiring five (5) years from the date of grant. Such options may be granted to SF
International Consulting Limited or to Dr. Slim Feriani as its designee.

 

    	 	6	 

     

    

 

		c)	For the duration of this contract, Consultant will receive two hundred and fifty thousand (250,000)
stock options every quarter, starting on 1 February 2016, to be vested annually over a three (3) year period and expiring five
years from the date of grant. Such options may be granted to SF International Consulting Limited or to Dr. Slim Feriani as its
designee. The exercise price of all options (X) will be set as follows:

 

X = last subscription price
+ 10% of the last subscription price

 

		3.2	Expenses

  

ROI also agrees to reimburse CONSULTANT for
Bloomberg subscription and all travel, accommodation, restaurant, client entertainment and telephone expenses incurred by the latter
in the performance of his role, it being understood that such expenses shall however be previously approved by a member of the
Executive Management of the Company.

 

		4.0	Terms of Payment

 

Upon receipt of a monthly invoice at the beginning
of the month covering the amounts due according to Section 3.2 of the Agreement, to which justifying documents regarding the invoiced
expenses shall be attached, ROI shall pay Consultant the invoiced amount within Thirty (30) days of receipt of such invoice.

 

		5.0	MUTUAL DUTIES AND OBLIGATIONS

 

		5.1	Disclosure

  

The information provided by one Party to the
other prior to or concurrently with the signing of the Agreement is true, accurate and complete; Parties have not failed to disclose
any information about their legal status or their activities that would deter the other Party, acting reasonably, from entering
into the Agreement or that would vary the terms and conditions thereof.

 

The Parties agree to consult each other prior
to making any public announcement about the agreement or the transactions provided for herein, it being understood that no public
announcement shall be made without the consent of both Parties as to the form and content therefoof.

 

    	 	7	 

     

    

 

		5.2	Confidential Information

 

		5.2.1	Undertaking

 

The Parties hereby acknowledge that all Confidential
Information disclosed during the term of the Agreement is the exclusive property of the disclosing Party and, accordingly, the
receiving Party acknowledges that any unauthorized disclosure thereof may cause serious harm to the disclosing Party. As such,
the receiving Party undertakes, in order to protect the interests of the disclosing Party, to:

 

		(a)	use the Confidential Information for the
sole purpose for which it has been disclosed;

 

		(b)	allow third parties access to its Confidential
Information only if such disclosure is necessary in order to fulfill the objectives of the Agreement;

 

		(c)	take all necessary measures, when disclosure
of Confidential Information to a third Party is required, to protect the confidentiality of that information, by requiring a confidentiality
undertaking from the third Party that ensures the same degree of protection afforded herein;

 

		(d)	use all reasonable efforts as may be appropriate
to restrict access to its Confidential Information;

 

		(e)	inform the disclosing Party of any unauthorized
access to, or use of, its Confidential Information by a third Party;

 

		(f)	assist the disclosing Party in connection
with any legal proceedings or measures taken to protect its Confidential Information.

 

		5.3	Indemnification

 

		5.3.1	“Loss”

 

In this Section, “Loss” means any
and all damages, fines, fees, penalties, deficiencies, liabilities, losses and expenses, including, without limitation, interest,
reasonable expenses of investigation, court costs, reasonable fees and expenses of attorneys, accountants and other experts or
other expenses of litigation or other proceedings or of any claim, default or assessment, incurred in connection with:

 

		(a)	the investigation or defence of any third
party claims; or 

 

		(b)	successfully asserting or disputing any
rights under the Agreement against any Party hereto or otherwise but excludes any incidental, indirect or punitive damages including
lost profits (whether resulting from contractual or extracontractual liability and regardless of whether a party could foresee
such damages) for Breach of the Agreement.

 

    	 	8	 

     

    

 

		5.3.2	Scope

 

The Parties agree to indemnify and hold each
other harmless from and against any loss that they may sustain or incur resulting from:

 

		(a)	any false, inaccurate or erroneous declaration
made by them in the Agreement; 

 

		(b)	any negligence, fault or wilful omission
by them or their Legal Representatives whenever they are acting on their behalf; 

 

		(c)	any failure to perform their duties and
obligations under the Agreement; 

 

		(d)	any taxes, interest or penalties attributable
to them or their Legal Representatives whenever they are acting on their behalf; 

 

		(e)	any infringement of a third Person’s
Intellectual Property caused by them or their Legal Representatives whenever they are acting on their behalf; 

 

		(f)	any Breach by them, or any of their Legal
Representatives whenever they are acting on their behalf, of any applicable Law, regulation, order or decree. 

 

		5.3.3	Procedure

 

The Party seeking indemnification (hereinafter
the “Indemnified Party”) shall:

 

		(a)	give the other Party (hereinafter the
“Indemnifying Party”) written notice of the claim within a reasonable time; 

 

		(b)	cooperate with the Indemnifying Party,
at the Indemnifying Party’s expense, in the defence of any third Person claim; and 

 

		(c)	give the Indemnifying Party the right
to control the defence and settlement of any such third person claim, provided, however, that the Indemnifying Party shall not
enter into any settlement against the Indemnified Party’s rights or interests without the Indemnified Party’s prior
written consent, and such consent shall not be unreasonably withheld, conditioned or delayed. 

 

		5.4	Disclosure of Agreement

 

The Parties agree to consult each other prior
to making any public announcement about the Agreement or the transactions provided for herein, it being understood that no public
announcement shall be made without the consent of both Parties as to the form and content thereof, other than disclosures require
by law or SEC Regulations.

 

    	 	9	 

     

    

 

		6.0	DUTIES AND OBLIGATIONS OF CONSULTANT

 

		6.1	Best Efforts

 

CONSULTANT undertakes to use his Best Efforts
in performing its tasks.

 

		6.2	Conduct

 

CONSULTANT shall at all times act diligently,
with honesty and integrity, and in good faith toward any investors, organisms, business partners, clients, providers or any third
party when acting on behalf of ROI.

 

		6.3	Intellectual Property

 

CONSULTANT acknowledges that the intellectual
or material works that it creates for ROI under the Agreement will be the exclusive property of ROI. CONSULTANT hereby assigns
all its Intellectual Property rights to such works in addition to waiving all its moral rights therein. CONSULTANT also undertakes
not to use such works without the consent of ROI and, if so required by the latter, to sign all the documents for the purpose
of evidencing the assignment of all of its Intellectual Property rights on such works to ROI.

 

		7.0	SPECIAL PROVISIONS

 

		7.1	Force Majeure

 

		7.1.1	No Default

 

A Party shall not be considered in default
of its duties or obligations hereunder or liable for any damages or delay if such default, damage or delay is the result of Force
Majeure.

 

		7.1.2	Duty

 

Should such an event of Force Majeure occur,
the Party unable to perform its obligations hereunder must, whenever possible to do so, take the necessary measures to put an end
to the event of Force Majeure or, if unable to do so, to reduce its impact.

 

		7.1.3	Rights of Other Party

 

If as a result of such Force Majeure the duty
or obligation owed to a Party cannot be performed, the Party to whom the obligation is owed may, for as long as such Force Majeure
prohibits the other Party from performing its duties and obligations hereunder, take temporary measures to mitigate the damage
it may sustain on the understanding that no claim for any subsequent loss, if applicable, may be brought against it by the other
Party.

 

    	 	10	 

     

    

 

		7.2	Other Remedies

 

The Parties agree, that remedies for any Breach
may be by way of injunctive relief, specific performance, damages as well as any other relief available, whether in equity or in
Law, and in no way may the Agreement be interpreted as excluding such remedies.

 

		8.0	GENERAL PROVISIONS

 

		8.1	Notice

 

Except as otherwise provided in the Agreement,
any notice or other communication required hereunder is sufficient if it is in writing and sent by a means of communication that
enables the sender to prove that the notice or communication was delivered to the recipient at the address set out herein for such
Party, or at any other address that the Party may provide in accordance with this Section.

 

		8.2	Dispute Resolution

 

Should a dispute arise regarding the interpretation
or construction of, compliance with, or breach of, the Agreement or its termination, the Parties shall meet and negotiate in good
faith in an attempt to resolve the dispute.

 

		8.3	Election

 

The Parties agree, in respect of any claim
or legal proceedings for any purpose whatsoever in connection with the Agreement, to elect the English courts of the United Kingdom
as the proper forum for the hearing of said claims or said legal proceedings.

 

		8.4	Counterparts

 

The Agreement may be signed in several counterparts,
each of which when so signed will be deemed to be an original, and together will constitute one and the same document.

 

		8.5	Amendment

 

The Agreement may be amended at any time by
mutual consent of the Parties. Any such amendment must be made in writing and signed by each Party, and will be presumed to take
effect on the day that it is put in writing, duly signed by the Parties.

 

    	 	11	 

     

    

 

No Waiver of Rights

 

The silence, failure or delay by a Party in
exercising any right or remedy hereunder may never be interpreted or construed as a waiver of such right or remedy by said Party,
who may avail itself of any such right or remedy until such time as it contractually or legally expires.

 

		8.6	Electronic Transmission

 

The Parties agree that the Agreement may be
transmitted by facsimile, e-mail or similar forms of communication. The Parties further agree that signatures duplicated by facsimile,
electronic signatures or similar means of authentication will be treated as originals, and each Party proceeding in such a manner
undertakes to provide the other Party with a copy of the Agreement bearing its original signature forthwith, upon demand.

 

		8.7	Language

 

The Parties acknowledge that they have requested
and agree that the Agreement and all documents, notices, correspondence and legal proceedings consequent upon, ancillary or relating
directly or indirectly to the Agreement, forming part of or arising from it, be drawn up in English.

 

		9.0	TERMINATION

 

		9.1	Mutual Consent

 

The Agreement may be terminated at any time
by mutual consent of the Parties.

 

		9.2	Unilateral Termination

 

This agreement is firm for three (3) years.
After the first three years of this agreement, either Party may terminate the Agreement without cause upon 6 months prior written
notice, which may be given at any time after the first three year period.

 

		9.3	Without Notice

 

To the extent permitted by applicable Laws,
the Agreement shall be terminated without notice should any of the following events occur:

 

		(a)	if ROI becomes insolvent, assigns its
property following the filing of a petition for bankruptcy, becomes bankrupt following the rejection of a proposal in bankruptcy
or is declared bankrupt by a court of competent jurisdiction;

 

    	 	12	 

     

    

 

		(b)	if ROI, otherwise than as part of a corporate
restructuring, winds up its business or liquidates all or substantially all its assets or is dissolved as a legal person;

 

		(c)	if a creditor takes possession of the
business of ROI or of all or substantially all of its assets or if such business or assets are placed under receivership or if
a receiver is appointed in such respect to administer or wind up the business or all or substantially all of its assets and if
the taking of such possession, the placing under receivership or the appointment of such receiver is not cancelled within a period
of thirty (30) days following the occurrence of any such events.

 

		9.4	Prior Notice

 

Either Party may terminate the Agreement at
any time without prejudice to any other rights and remedies it may have, if the other contracting Party fails to comply with any
provision of the Agreement and if such default is not cured within ten (10) days following the sending of written notice of default
describing the nature of the default and indicating the intention of the notifying Party to terminate the Agreement if the defaulting
Party refuses or fails to cure said default within that ten (10) day time limit.

 

		10.0	EFFECTIVE DATE

 

The Agreement will take effect on 2 January,
2016.

 

		11.0	DURATION

 

		11.1	Term

 

The initial term of the Agreement shall be for
three (3) years as of the effective date.

		11.2	Renewal

 

The initial term shall automatically be extended
for a period of one (1) year, unless one Party has delivered to the other Party,
at least one (1) month prior to the end of the initial term, written notice of its decision not to extend the term.

 

		11.3	Survival 

 

The termination of the Agreement shall not
affect the survival and enforceability of any provision of the Agreement that is expressly or implicitly intended to remain in
effect after such termination.

		11.4	Non Renewal

 

If a Party sends a notice of non-renewal to
the other Party, in accordance with the provisions herein, the continuation of the business relationship between the Parties after
the expiry of the initial duration or the renewal of the Agreement may in no way constitute a renewal, extension or continuation
of the Agreement.

 

		12.0	SCOPE

 

The Agreement shall be binding upon and inure
to the benefit to the Parties and their Legal Representatives.

 

    	 	13	 

     

    

 

ROI Land Investments Ltd

 

 

______________________________________

Sami B. Chaouch, Executive Chairman

 

 

Date:__________________________________

 

 

 

 

CONSULTANT (SF International Consulting)

 

 

______________________________________

Slim Feriani, Director

 

 

Date:__________________________________

 

 

 

 

 

 

 

 

 

    	 	14

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